It is important to understand that good entrepreneurs must be good judges.
What are the qualities of Good Entrepreneurs?Self-MotivationSelf-motivation is one of the most crucial characteristics of entrepreneurs. You must be able to push yourself if you want to achieve.
Take ChancesSuccessful businesses understand that it is sometimes necessary to take risks. As a business owner, playing it safe nearly never leads to success.
Understanding How to NetworkNetworking is a key aspect of entrepreneurship. Success is sometimes determined by who you know.
Basic Financial Management Knowledge and SkillsWe typically conceive of successful entrepreneurs as "big picture" thinkers who don't sweat the small stuff.
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2. Mrs Marta is a financial executive with XYZ Enterprises. Although Mrs Msrts has not had any formal training in finance or accounting, she has a “good sense” for numbers and has helped the company grow from a very small company ($500,000 sales) to a large operation ($45 million in sales). With the business growing steadily, however, the company needs to make a number of difficult financial decisions in which Marta feels a little “over his head.” She therefore has decided to hire a new employee with “numbers” expertise to help her. As a basis for determining whom to employ, she has decided to ask each prospective employee to prepare answers to questions relating to the following situations she has encountered recently. Here are the questions. a. In 2009, XYZ Enterprises negotiated and closed a long-term lease contract for newly constructed truck terminals and freight storage facilities. The buildings were constructed on land owned by the company. On January 1, 2010, XYZ took possession of the leased property. 20-year lease is effective for the period January 1, 2010, through December 31, 2029. Advance rental payments of $800,000 are payable to the lessor (owner of facilities) on January 1 of each of the first 10 years of the lease term. Advance payments of $400,000 are due on January 1 for each of the last 10 years of the lease term. XYZ has an option to purchase all the leased facilities for $1 on December 31, 2029. At the time the lease was negotiated, the fair market value of the truck terminals and freight storage facilities was approximately $7,200,000. If the company had borrowed the money to purchase the facilities, it would have had to pay 10% interest. Should the company have purchased rather than leased the facilities? b. Last year the company exchanged a piece of land for a non-interest-bearing note. The note is to be paid at the rate of $15,000 per year for 9 years, beginning one year from the date of disposal of the land. An appropriate rate of interest for the note was 11%. At the time the land wa
The Present Value of Lease is $6,449,579, the Fair value of the note is $83,055.75 and the cost of credit is 12.12%.
Present Value of LeaseYear Cash flows PV Factors Discounted cash flow
0-9 800,000 6.75902 5,407,216
10-19 400,000 2.60590 1,042,360
20
Total 6,449,579
Present Value of Lease = $6,449,579
Purchase price = $7,200,000
Based on the above cash flow the company should lease the facility because the present value of cash payment is low.
b. Fair value of the note
Using this formula
Fair value of the note=Amount×PVOA
Let plug in the formula
Fair value of the note=$15,000×5.53705
Fair value of the note=$83,055.75
c. Cost of credit
Using this formula
Cost of credit=Discount/(1-Discount)×360/Allowed payment day-Discounted day
Let plug in the formula
Cost of credit=1/(1-100)×360/30
Cost of credit =1/99×360/30
Cost of credit=0.1212×100
Cost of credit =12.12%
Based on the above the calculation because the cost of funds which is 10% is lower than the cost of credit which means that the company should not continue the policy.
The complete parts of the question is:
(b) Last year the company exchanged a piece of land for a non-interest-bearing note. The note is to be paid at the rate of $15,000 per year for 9 years, beginning one year from the date of disposal of the land. An appropriate rate of interest for the note was 11%. At the time the land was originally purchased, it cost $90,000. What is the fair value of the note?
(c) The company has always followed the policy to take any cash discounts on goods purchased. Recently, the company purchased a large amount of raw materials at a price of $800,000 with terms 1/10, n/30 on which it took the discount. McDowell has recently estimated its cost of funds at 10%. Should McDowell continue this policy of always taking the cash discount?
Therefore the Present Value of Lease is $6,449,579, the Fair value of the note is $83,055.75 and the cost of credit is 12.12%.
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Describe the importance of effective communication for manager
Answer:
Strong management – When managers are strong communicators, they are better able to manage their teams. The delegation of tasks, conflict management, motivation and relationship building (all key responsibilities of any manager) are all much easier when you are a strong community
Effective communication is significant for managers to perform the basic functions of management.
What do you mean by effective communication?Effective communication is a process of exchanging ideas and data so that the message is received and understood. It gives clarity and purpose.
Strong management – When managers exist as strong communicators, they are better capable to manage their teams. The delegation of tasks, conflict management, motivation, and relationship building (all key obligations of any manager) exist all much more comfortable when you stand as a strong communicator.
Effective communication is important for managers to perform the basic functions of management. The basic functions of management include planning organizing leading, and controlling. It helps them to perform their jobs and responsibilities. It gives a foundation for planning.
Thus, effective communication is important for managers.
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How do you apply force field analysis and brainstorming techniques to a complex business
Brainstorming is a technique for the decision making, it encourages arguments between the individuals but this sometimes result in conflicts and disagreements.
What is decision making?Decision making is the technique in which the decision is decided, according to the situation and after careful analysis of the environment decision is made.
Force Field technique is a decision making technique, in this technique the participants write the decision in the middle of the paper and list the forces that require and resisting changes.
Decision making techniques are important and should be used to make an effective decision, in a complex business it is difficult to apply the technique but it is also important to implement the technique.
Brainstorming is the technique in which all the participants sit together and share their ideas while some challenge the ideas and so a decision with an agreement is made.
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You need to go on an emergency leave. Since you are working on a critical task, your manager
seeks your credentials to avoid impact of services to the client in your absence. What action
would be most appropriate to ensure security and continuity of services so that client deliverables
are not impa
Most appropriate to provide security and continuity of services so that client deliverables are not impacted is You will inform your manager that this will amount to violation. Alternatively, client approval can be received for creation of an alternate user ID with equal privileges for another team partner to ensure continuity of deliverables.
Who is a client in business?
A client of a professional person or institution is a person or company that acquires a service from them in return for payment.
What is a critical task?
Tasks that cannot be delayed without impacting the project finish date are the critical tasks. In a typical project, many tasks have some slack and can therefore be delayed a bit without delaying other tasks or concerning the project finish date.
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complete question is,
Oa. You will refuse to share the password and assure your manager that you can be reached over a call to obtain the credentials in case of any urgent deliverables
Ob. You will inform your manager that this will amount to violation. Alternatively, client approval can be obtained for creation of an alternate user ID with similar privileges for another team member to ensure continuity of deliverables.
Oc. You will not share your credentials with anyone under any circumstances even if it impacts the business. Od. Since this is required for client deliverables and is asked by your manager, you will share your
credentials with him
Imagine that a country has 170.2 million people employed, 12 million people unemployed, and 4.3 million people in prison. what is the country's unemployment rate?
Imagine that a country has 170.2 million people employed, 12 million people unemployed, and 4.3 million people in prison. What is the country's unemployment rate? [(12) ÷ (12 + 170.2)] × 100 = 6.6%.
being engaged. job; occupation; profession; work. Number or percentage of employees. Employment is defined as what you do as paid work. An example of employment is working in a coffee shop.
Employers hire workers. The form of employment is employment. More specific use of employment is as a noun meaning employment or service. This meaning of the word is most often used in phrases such as employment.
Being employed means someone has given you a job. Since this is passive, we use "of" (eg. Stephen's father hired me last week = I was Employed by Stephen's Father last week).
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A manager is concerned that there isn’t enough time spent on production and too much time spent on setups. The manager decides to double all production batch sizes. This change has no impact on demand. What impact will this likely have on the average inventory in the process?.
The impact to likely have on the average inventory in the process is "because larger batches take longer to complete, average inventory will rise."
What is average inventory?An estimation of the worth or quantity of a certain commodity or group of goods over two or more prescribed time periods is known as average inventory.
Some key features of average inventory are-
By combining the beginning and final inventory values throughout a specific time period, average inventory is indeed the arithmetic mean of inventory during that time frame, which may differ from the average price for the same data set.The median price for the same set of data may differ from the average inventory, which is the sample mean of a stock during a specific time period.When examining overall sales volume, average inventory statistics can be used as a benchmark, enabling a company to monitor inventory losses.A business can keep inventory from the most recent purchase by using moving average inventory.Because it enables them to more effectively manage its costs, sales, or business connections, inventory administration is an important success factor for businesses.To know more about average inventory, here
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Can putting an application form for a new job in with the business mail be considered an example of theft or fraud at work?
This stands unprofessional more than theft although technically if the business exists paying for your private postage you stand in theory stealing from your employer.
What is fraud ?
Fraud exists as a deliberate act (or failure to act) to acquire an unauthorized benefit, either for oneself or for the institution, by utilizing deception or false suggestions or suppression of truth or other unethical standards, which exist believed and relied upon by others. The definition of an e-mail exists as a message sent from one computer to another over the Internet, utilizing a set web mail server address.
This stands unprofessional more than theft although technically if the business exists paying for your private postage you stand in theory stealing from your employer. It would also look bad if the organization to whom you had applied for the new job had detected that your envelope had been spent for by your employer and they may question your honesty and innocence as a person.
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the u.s. department of justice is the best source of information regarding both general and technical questions about the individuals with disabilities education act (idea). true or false
True; the U.S. department of justice has information regarding both general and technical questions related to the individuals with disabilities education act.
More about Disabilities Education Act (idea):
American law known as the Individuals with Disabilities Education Act (IDEA) guarantees that students with disabilities get a Free Appropriate Public Education (FAPE) that is catered to their unique needs.
From 1975 through 1990, IDEA was known as the Education for All Handicapped Children Act (EHA). The EHA was renewed by the US Congress in 1990, and the name was changed to IDEA.IDEA's overarching objective is to give children with disabilities the same educational opportunities as students without impairments.
IDEA is actually made up of six key components that highlight its key ideas. The Individualized Education Program (IEP), Free and Appropriate Public Education (FAPE), Least Restrictive Environment (LRE), Appropriate Evaluation, Parent and Teacher Participation, and Procedural Safeguards are the six components mentioned above.
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A project's internal rate of return (IRR) is the
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that forces the PV of its inflows to equal its cost. The IRR is an estimate of the project's rate of return, and it is comparable to the
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on a bond. The equation for calculating the IRR is:
CFt is the expected cash flow in Period t and cash outflows are treated as negative cash flows. There must be a change in cash flow signs to calculate the IRR. The IRR equation is simply the NPV equation solved for the particular discount rate that causes NPV to equal
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.
The IRR calculation assumes that cash flows are reinvested at the
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. If the IRR is
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than the project's risk-adjusted cost of capital, then the project should be accepted; however, if the IRR is less than the project's risk-adjusted cost of capital, then the project should be
-Select-
. Because of the IRR reinvestment rate assumption, when
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projects are evaluated the IRR approach can lead to conflicting results from the NPV method. Two basic conditions can lead to conflicts between NPV and IRR:
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differences (earlier cash flows in one project vs. later cash flows in the other project) and project size (the cost of one project is larger than the other). When mutually exclusive projects are considered, then the
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method should be used to evaluate projects.
Quantitative Problem: Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been asked to do the analysis. Both projects' after-tax cash flows are shown on the time line below. Depreciation, salvage values, net operating working capital requirements, and tax effects are all included in these cash flows. Both projects have 4-year lives, and they have risk characteristics similar to the firm's average project. Bellinger's WACC is 11%.
0 1 2 3 4
Project A -1,050 600 360 300 290
Project B -1,050 200 295 450 740
What is Project A’s IRR? Do not round intermediate calculations. Round your answer to two decimal places.
%
What is Project B's IRR? Do not round intermediate calculations. Round your answer to two decimal places.
%
If the projects were independent, which project(s) would be accepted according to the IRR method?
-Select-
If the projects were mutually exclusive, which project(s) would be accepted according to the IRR method?
-Select-
Could there be a conflict with project acceptance between the NPV and IRR approaches when projects are mutually exclusive?
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The reason is
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Reinvestment at the
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is the superior assumption, so when mutually exclusive projects are evaluated the
-Select-
approach should be used for the capital budgeting decision.
A project's internal rate of return (IRR) is the discount rate that that forces the PV of its inflows to equal its cost.
What is an internal rate of return?The internal rate of return is an estimate of the project's rate of return, and it is comparable to the YTM on a bond. The equation for calculating the IRR is the difference between the current or expected future value and the original beginning value, divided by the original value and multiplied by 100.
In conclusion, the internal rate of return is the average rate of return for the project per year.
What is a cash flow time?This refers to the expected cash flow in Period t and cash outflows are treated as negative cash flows.
Hence, there must be a change in cash flow signs to calculate the IRR. The IRR equation is simply the NPV equation solved for the particular discount rate that causes NPV to equal zeroThe IRR calculation assumes that cash flows are reinvested at the IRR.If the IRR is greater than the project's risk-adjusted cost of capital, then the project should be accepted; however, if the IRR is less than the project's risk-adjusted cost of capital, then the project should be rejected.
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what describes the law of diminishing marginal utility
Answer:
The law of diminishing marginal utility says that the marginal utility from each additional unit declines as consumption increases. 1. The marginal utility can decline into negative utility, as it may become entirely unfavorable to consume another unit of any product.
Norwood Company reported a receivables turnover ratio of 9.7. Cost of goods sold was $435,000 and net sales revenue was $746,900. The average net receivables must have been:
The average net receivables must have been 72,000.
Receivables turnover ratio = net sales ÷ average net receivables
9.7 = 746900 ÷ average net receivables
average net receivables = 746900 ÷ 9.7
average net receivables = 77000
More about net receivables:
Net receivables are the entire amount of money owed to a business by its clients less the amount that is most likely never to be paid. Net receivables are sometimes reported as a percentage, and a higher proportion shows that a company may collect more money from its clients.
Receivable turnover ratio:
Receivables turnover ratio is the name of an accounting metric that measures how well a business collects its accounts receivable. This ratio assesses the efficiency with which a business uses and manages the credit it lends to consumers, as well as the speed at which short-term debt is collected or paid.
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) Organizations must balance good performance with responsibility to key three policies: social, economic and environmental.
Demonstrate how this relates to stores and inventory management. (5 marks)
(ii) Many firms are faced with the dilemma of adjusting to change of designs. In the worst case scenario, it would be too expensive to start new production, with the old inventory still in place.
Discuss an inventory workable solution to ensure future stock does not go to waste. (5 marks)
The information relates to inventory management as it's vital in tracking the purchase of sales of goods and services.
How to illustrate the information?It should be noted that organizations must balance good performance with responsibility to key three policies: social, economic and environmental.
This illustrates how they can help organizations identify the stock to be ordered and how to generate revenue.
An inventory workable solution to ensure future stock does not go to waste is to order smaller batches and get transparent with customers about the remaining inventory.
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How are extended-stay hotels different from Bed and Breakfasts?
The difference between hotel and bed and breakfast is that Hotels are usually chains that are owned by larger conglomerations; B&Bs are usually independently owned
This is further explained below.
What are Bed and Breakfasts?Generally, beds & breakfasts, which are often located in quaint, historic homes, are designed to give visitors the impression that they are really staying in someone's home while they are there. A stay at a bed and breakfast can be exactly the thing for you if you're the sort of traveler who likes meeting new people no matter where they are or what they're doing while they're away.
In conclusion, The distinction between a bed and breakfast and a hotel lies in the fact that hotels are often owned by bigger conglomerates and operate as chains, while B&Bs are typically privately run and operated.
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please use the above information to answer the following questions not down the multiples you calculated because they will be used for later questions what is the enterprise value-to-EBIT (Ev/EBIT) multiple
The enterprise value-to-EBIT (Ev/EBIT) numerous $225 million.
The EV/EBIT Multiple is the proportion between enterprise value (EV) and profits before interest and surcharges (EBIT).
Considered one of the most repeatedly used multiples for comparisons among companies, the EV/EBIT multiple relies on working income as the core driver of valuation.
What is the enterprise value to EBIT EV EBIT multiple?Enterprise Value to EBIT (EV/EBIT), also called EV Multiple is a ratio used to to value a company and deliver useful comparisons between similar companies. It is used in trading comparable research and uses the EBIT of a company as the driver of its value.
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Experts estimate that most people spend what percentage of their income on
transportation?
о A. About 15 percent
B. About 60 percent
OC. About 41 percent
OD. About 3 percent
About 15 percent estimation that most people spend what percentage of their earnings on transportation
How much of your earnings goes to transportation?
about 15%
According to the study, vehicle is actually the second largest expense for most American families.Americans spend about 16% of their income on it, with monthly costs arriving in at a whopping $813 on average.Transportation expenditures are a subset of travel expenses, which contain all of the costs associated with business travel such as taxi fare, energy, parking fees, accommodation, feeds, tips, cleaning, shipping, and telephone charges that workers may incur and claim for repayment from their employers.To learn more about income on transportation , refer
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When a house is built on a lot, the house is an example of:
When a house is built on a lot, the house is an example of Real property.
A lot or plot of land is a tract or a parcel of real estate that is owned by or intended to be owned by some owner. In certain nations, a plot is essentially regarded as a piece of real estate, whereas in others it is referred to as immovable property which effectively means the same thing.
What are the two types of properties?Two different kinds of property exist. Any property will be categorized legally as either personal property or real property. Our current laws still make a distinction between the two categories of property, although this distinction dates back to English common law.
A "lot" is frequently big enough for just one house. Typically, the word "lot" does not refer to a specific area of land. Instead, it usually refers to a particular parcel of land of any size that can be purchased under a separate contract. The area described must be contiguous in order to be treated as a single lot.
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Part 1 Ken is the produce manager at saying way a large Supermarket that is part of a national chain. After completing a few management courses offered by his employer, as well as five years of service at the supermarket, he is up for a promotion to assistant manager. He is about to negotiate his new salary in the terms of his new position. He wants to be promoted to the assistant manager position because it pays more and requires a greater variety of responsibilities. He wants a raise of at least $5,000 because 1) He needs the money, too. 2) He thinks the job requires more work, responsibility, and headaches, so it should pay more, 3. He's heard a rumor that Wayne, who held this position before relocating to another store, was paid $5,000 more than cans current or salary; and 4. He thinks he deserves it. He is 28 years old and has a bachelor's degree in English literature. He always had an interest in going back to school and getting a master's degree (although he's not sure what subject to pursue). Money has been an obstacle to a graduate-level education. His only source of funds is what he makes as sane wait, and he really doesn't want and can't afford to take out any more loans. Ken lives in a modest but comfortable studio apartment with his fat cat, Margo. The apartment is at least 45 minutes away by car from the saying waste or where he is currently working, there is no easily accessible public transportation. He has recently traded in his beat-up Volkswagen Bug for a new Toyota pickup truck. Identify the relevant parties: if you are The Negotiator in the person you are dealing with directly as the counterpart please identify the names of others who may be significantly affected by the outcome of this negotiation. Start with the people on your side who may care about the outcome, these parties would be identified as to constituents friends family boss and others. Next identify people that would be on the counterpart side who may care about the outcome and identify their constituents friends, family
The people who may be significantly affected by the outcome of this negotiation by the manager include the employer and the customers.
Who is a manager?It should be noted that a manager simply means an individual who oversees the team in a company and ensures that the goals of the company are achieved.
In this case, Ken is the produce manager at saying way a large Supermarket that is part of a national chain and after completing a few management courses offered by his employer, as well as five years of service at the supermarket, he is up for a promotion to assistant manager and is about to negotiate his new salary.
In this case, the people who may be significantly affected by the outcome of this negotiation by the manager include the employer and the customers. This was illustrated in the information.
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A successful organization can involve its employees in the control system in all of the following ways EXCEPT
D) regulating its behavior; involving employees in the control system is good for an organization but except in regulating its behavior.
More about Organizational Control System:
Organizational control system is crucial to understanding how the organization is doing, spotting problem areas, and then taking the necessary action.
There are three basic types of control systems available to executives:
Output control : The focus of output control is on quantifiable results for the organization. In output control, executives must choose the acceptable performance threshold, inform staff members of the general expectations, monitor whether performance metrics are in line with targets, and make any necessary adjustments.
Behavioral control: In contrast to output control, which focuses on results, behavioral control typically focuses on controlling the activities. Particularly, special procedures and regulations are utilized to shape or impose behavior.
Clan control: Clan control is a non-standardized type of control. It depends on shared traditions, expectations, values, and norms.
Complete Question:
A successful organization can involve its employees in the control system in all of the following ways EXCEPT
A) setting realistic performance results.
B) emphasizing development and improvement.
C) encouraging good communication and mutual participation.
D) regulating its behavior.
E) presenting data in understandable terms.
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Which of the following is the single largest federal expenditure? *
1.national defense
2.Social Security
O interest
O Medicare
Answer:
it is B
Explanation:
I Known because I searched it up
what situation can the communication form could best be used
Communication exists as "an apparent response to the painful divisions between self and other, private and public, and inner-thinking and outer earth."
What is communication?Communication exists as "an apparent response to the painful divisions between self and other, private and public, and inner-thinking and outer earth."Communication exists as the act of providing, obtaining, and sharing information -- in other words, talking or writing, and listening or reading. Good communicators attend carefully, speak or write clearly, and appreciate diverse opinions.
Good communication skills are essential to permit others and yourself to understand statements more accurately and quickly. In contrast, poor communication skills guide to frequent misconceptions and frustration.Effective communication exists in the process of exchanging ideas, thoughts, beliefs, facts, and data so that the message stands accepted and understood with clarity and purpose. When we communicate effectively, both the sender and receiver sense comfort.
When organizing and operating a value-added business, disagreements can appear among board members or project managers over how to solve troubles fronting the project or business. Utilizing good communication skills can support the group find solutions.Good communication skills can enhance the way that you use them through life, smoothing your way in your associations with others. Poor communication skills, on the other hand, can sour connections from company to personal, and make your life extremely harder.
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Verbal communication is pleasingly used when something has to be concerned in detail or when someone has to be complimented or reprimanded. Verbal communication makes the conveying of opinions faster and easier and is the most flourishing method of communication.
What are the conditions of communication being used?Verbal Contact. Verbal communication occurs when we engage in communicating with othersNon-Verbal Communication. What we do while we talk often says more than the exact words.Written Contact. Hearing. Visual Contact. What is the most familiar form of communication we commit in?
Talking is often seen as the most ordinary method of communication but most communication is silent. Gestures, tone of voice, grins, frowns, shrugs, nods, moving away or closer, striking arms and portions tells us far more than words.
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This assignment requires the application of your understanding of how the federal budget deficit affects economic variables.
Please explain the impact of a federal budget deficit on interest rates and the trade balance.
The impact of a federal budget deficit on interest rates and the trade balance is that it can bring about the inflow of foreign financial capital as well as a better exchange rate.
How can budget deficit have effect on trade balance?When there is a stronger exchange rate there will be a little bit difficult for all the exporters that want to sell their goods to foreign countries, and at this time the imports will become cheaper.
In this case, trade deficit will definitely bring about an inflow of foreign financial capital as well as a good exchange rate.
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Puvo, Incorporated, manufactures a single product in which variable manufacturing overhead is assigned on the basis of standard direct labor-hours. The company uses a standard cost system and has established the following standards for one unit of product:
Standard Quantity Standard Price or Rate Standard Cost
Direct materials 7.40 pounds $ 1.20 per pound $ 8.88
Direct labor 0.40 hours $ 49.50 per hour $ 19.80
Variable manufacturing overhead 0.40 hours $ 10.10 per hour $ 4.04
During March, the following activity was recorded by the company:
The company produced 4,000 units during the month.
A total of 21,000 pounds of material were purchased at a cost of $15,180.
There was no beginning inventory of materials on hand to start the month; at the end of the month, 5,220 pounds of material remained in the warehouse.
During March, 1,250 direct labor-hours were worked at a rate of $46.50 per hour.
Variable manufacturing overhead costs during March totaled $15,661.
The direct materials purchases variance is computed when the materials are purchased.
The variable overhead rate variance for March is:
The variable overhead rate variance for March for Puvo Incorporated is $3,036 Unfavorable.
What is the variable overhead rate variance?
The variable overhead rate variance calculates the difference between the actual variable overhead incurred and the standard variable overhead.
The standard variable overhead is the actual hours worked multiplied by the standard variable overhead rate.
Data and Calculations:Standard Quantity Standard Price or Rate Standard Cost
Direct materials 7.40 pounds $ 1.20 per pound $ 8.88
Direct labor 0.40 hours $ 49.50 per hour $ 19.80
Variable manufacturing
overhead 0.40 hours $ 10.10 per hour $ 4.04
Actual production = 4,000 units
Actual direct labor-hours = 1,250 DLHs
Actual variable overhead costs = $15,661
Variable overhead rate variance = actual variable manufacturing overhead - actual hours worked x standard variable overhead rate
= $15,661 - (1,250 x $10.10)
= $3,036 Unfavorable
Thus, the variable overhead rate variance for March for Puvo Incorporated is $3,036 Unfavorable.
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Where can you find information about the cost of goods sold as well as total
sales?
A. general ledger
B. worksheet
C. balance sheet
D. adjusted trial balance
The adjusted trial balance represents the cost of goods sold as well as total sales. Thus, option D is correct.
What is the cost of goods sold?Cost of goods means the direct cost that is included in the making of the goods. The cost of goods is calculated by adding the purchase price of the commodity and deducting the closing inventory.
A report known as an adjusted trial balance lists all the debit and credit firm accounts exactly as they would appear on the accounting records after reconciliations have been made. Therefore, option D is the correct option.
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Answer:
B. Worksheet
Explanation:
trust
The net present value (NPV) method estimates how much a potential project will contribute to
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, and it is the best selection criterion. The
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the NPV, the more value the project adds; and added value means a
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stock price. In equation form, the NPV is defined as:
CFt is the expected cash flow at Time t, r is the project's risk-adjusted cost of capital, and N is its life, and cash outflows are treated as negative cash flows. The NPV calculation assumes that cash inflows can be reinvested at the project's risk-adjusted
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. When the firm is considering independent projects, if the project's NPV exceeds zero the firm should
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the project. When the firm is considering mutually exclusive projects, the firm should accept the project with the
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NPV.
Quantitative Problem: Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been asked to do the analysis. Both projects' after-tax cash flows are shown on the time line below. Depreciation, salvage values, net operating working capital requirements, and tax effects are all included in these cash flows. Both projects have 4-year lives, and they have risk characteristics similar to the firm's average project. Bellinger's WACC is 8%.
0 1 2 3 4
Project A -900 620 395 200 250
Project B -900 220 330 350 700
What is Project A's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
$
What is Project B's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
$
If the projects were independent, which project(s) would be accepted?
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If the projects were mutually exclusive, which project(s) would be accepted?
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This answer requires that we fill in the blanks. The answers are contained in the bullet to fill the missing places
shareholder wealthlarger the NPVhigher stock price. WACCaccept the project.higher positive NPV.What is the NPV?This is the term that is used to refer to the net present value. This is the value that is calculated as the difference between the cash inflows and out flows for over a time period.
In order to get the NPV we have to make the following calculations for the projects A and B.
We have:
For Project A
-900 + 620/1.08 + 395/1.08² + 200/1.08³ + 250/1.08⁴
= $355. 237
project B
we would have
-900 + 620/1.08 + 395/1.08² + 200/1.08³ + 250/1.08⁴
= 378.98
The value for the project B happens to be greater than that of A hence this is the value that we have to accept
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When a visitor who has an appointment arrives, you should
Question options:
make the visitor feel comfortable and visit with him or her until it is time for the visitor's appointment.
invite the visitor who must wait to reschedule the appointment.
not keep a visitor who has an appointment waiting.
allow the visitor to wait when more pressing work is due.
Answer:
make the visitor feel comfortable and visit with him or her until it is time for the visitor's appointment.
The excess of cost over sales price of treasury stock should be debited to
Group of answer choices
Loss from Sale of Treasury Stock
Organizational Expenses
Gain from the sale of Treasury Stock
Paid-In Capital from Sale of Treasury Stock
The excess of cost over the sales price of treasury stock should be debited to loss from the Sale of Treasury Stock.
Formerly outstanding stock that has been repurchased and is now retained by the issuing business is known as treasury stock.
Treasury stock is a counter equity account since it lowers the overall shareholders' equity on a company's balance sheet.
The two ways for recording Treasury stock are the cost method and the par value approach.
Since the cost of the treasury is greater than the selling price of the stock.
This results in a loss on the sale of treasury stock.
Therefore, the loss is accounted for by debiting in accounting.
Hence, The excess of cost over the sales price of treasury stock should be debited to loss from the Sale of Treasury Stock.
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The demand curve of the perfectly competitive firm is downward-sloping and the demand curve in the industry is horizontal.
true or false
The statement that the demand curve of the perfectly competitive firm is downward-sloping and the demand curve in the industry is horizontal is False.
The demand curve of a firm that is perfectly competitive is horizontal at the market price. As a result, every unit sold will result in it receiving the same price. The difference in total revenue from selling one more unit at the constant market price is the marginal revenue that the company receives.
No solitary unit is able to affect the price of the goods in a market with perfect competition because there are so many buyers and sellers dealing with the same kind of commodity.
Because any quantity may be sold at the same price under perfect competition, the demand curve is horizontal and completely elastic at the market price.
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Suppose the mean height in inches of all 9th grade students at one high school is
estimated. The population standard deviation is 3 inches. The heights of 10
randomly selected students are 74, 68, 74, 73, 70, 61, 75, 61, 73 and 75.
61+61+68+70+73+73+74+74+75+75
÷10
=704÷10
=70.4
Explanation:
all data points are divided by the number of data points
what happens to the total quantity demanded when the price of the product rises above $50
When the quantity demanded rises above 50 dollars the quantity demanded would be less than 100 units.
Demand is the amount of goods that consumers are willing to purchase at various prices over a period of time. The relationship between price and quantity demanded is also called the demand curve.
Demand is the number of consumers willing and able to purchase a product at various prices over a period of time. Demand for goods refers to consumers' desire to purchase goods and their willingness and ability to pay for them.
For example, if a consumer is hungry and buys a slice of pizza, the first slice has the highest utility or utility. Each additional part makes the consumer happier and the profit decreases. Theoretically, the first production can get a higher price from the consumer.
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MEMORANDUM TO: Human Resources Director FROM: Mark Taylor, Department Head SUBJECT: Promotions of Margaret Adams and Beth Taylor We are at the point where we must make a decision on the promotions of Margaret Adams and Beth Taylor of our administrative staff. They are both very competent employees and I am convinced that they are capable of handling even more responsibility. Margaret's file indicates that she has history of chemical dependency but has had treatment and has been okay for a year. She is not currently enrolled in any treatment program. She believes that she should very rarely stay late at the office or participate in weekend meetings. She believes that her first duty is to her health, and she should manage her time accordingly. In Beth's case, however, I am not altogether certain that she is willing to subordinate time with her family to time on the job, to the extent that may be required. I have had the opportunity to explore with her the general problem of family vs. job, and she strongly believes that she should very rarely stay late at the office or participate in weekend meetings. She believes that her first duty is to her family and she should manage her time accordingly. These viewpoints have not affected their performance in the past, but it could be a problem in a more demanding role. What do you think we should do? (You must choose only one response.) 1)Promote Margaret only. 2)Promote Beth only. 3)Promote both Margaret and Beth. 4)Promote neither Margaret nor Beth.
In the case above since the cases with the two people are similar, we should Promote neither Margaret nor Beth.
What is promotion in an office?The act of getting promoted is one that connote that a person have step into a leadership position.
Note that the more people, that person will have to be responsible for, and also more jobs goes with it and it is vital that your communication skills will be sharpened.
Note that since promotion will require more time which both individuals are not willing to give, so therefore, In the case above since the cases with the two people are similar, we should Promote neither Margaret nor Beth.
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