Horizontal analysis. The comparative accounts payable and long-term debt balances for a company follow. Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Enter all answers as positive numbers.

Answers

Answer 1

As can be seen, the comparative accounts payable balance has increased by $12,000, or 23.1%, while the long-term debt balance has increased by $16,000, or 20%, compared to the prior year.

Horizontal analysis, which is also known as trend analysis, is a financial statement analysis method that compares financial data over a sequence of time periods.

This evaluation determines the relative changes in the data over time and their relationship with comparable business events to help identify significant developments and areas of progress.

In this method, accountants compare financial statements from previous years to those of the current year and find out how much each account has changed over time. This will help the accountant to decide if the company's financial position has changed and, if so, how much it has changed.

The comparative accounts payable and long-term debt balances for a company follow:

Year2018 2019Accounts Payable$52,000 $64,000

Long-Term Debt$80,000$96,000In the accounts payable, the difference is $12,000, and the percentage change is 23.1% ($12,000 ÷ $52,000 = 0.231 or 23.1%).

As for the long-term debt, the difference is $16,000, and the percentage change is 20% ($16,000 ÷ $80,000 = 0.2 or 20%).

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Complete question:

Horizontal analysis. The comparative accounts payable and long-term debt balances for a company follow.

                           

                                              Previous year           current year

Account payable                    $52,000                    $64,000

long term debt                       $80,000                    $96,000

Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Enter all answers as positive numbers.


Related Questions

Which option is NOT an advantage of strategic marketing planning?
Aligning marketing activities with changes in external factors.
Evaluating whether and how a business is achieving its marketing targets.
Aligning marketing activities with changes in internal factors.
Making strategic decisions based on the pattern of previous actions.

Answers

The option that is NOT an advantage of strategic marketing planning is: Making strategic decisions based on the pattern of previous actions.What is strategic marketing planning?Strategic marketing planning is the process of creating a long-term, actionable roadmap to assist your organization in reaching its goals.

It requires that you assess your company's current situation, evaluate its present market position, and evaluate its target market, among other things.There are various advantages of strategic marketing planning, including:Aligning marketing activities with changes in external factors.Evaluating whether and how a business is achieving its marketing targets.Aligning marketing activities with changes in internal factors.

Making strategic decisions based on the pattern of previous actions.However, making strategic decisions based on the pattern of previous actions is not considered an advantage of strategic marketing planning. It's not always safe to rely solely on past experience when making strategic decisions, since the market and the business environment are continually evolving. To have a comprehensive view of the company's current position and its potential, decision-makers must take into account a variety of variables. Therefore, the main answer is: Making strategic decisions based on the pattern of previous actions.

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Compare and contrast the economic systems found in Cuba and Canada. How do these systems help or hinder economic growth?

Answers

Economic systems in Cuba and Canada are distinctive. Both countries use different methods to manage their economies. Cuba is an example of a socialist country, while Canada has a capitalist economy.

In the differences between the economic systems found in Canada and Cuba, and how they help or hinder economic growth are discussed. Cuba is a country in which the government controls all aspects of the economy. The state owns the majority of businesses and properties and decides what goods and services to produce and at what price they should be sold. Cuba has a command economy, which implies that the government makes all economic decisions. The Cuban government's main goal is to provide citizens with fundamental needs such as education, healthcare, and housing.

As a result of the government's control, it has prevented many of its citizens from acquiring wealth.  Cuba's economy was heavily reliant on the Soviet Union during the Cold War era. When the Soviet Union dissolved in 1991, Cuba suffered a serious economic recession. The country's socialist economic system was not suitable for competing in a free-market economy, which resulted in a loss of trade. Canada, on the other hand, is an example of a capitalist country.

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1. Much of the clothing worn in the United States was imported from another country. How does opportunity costs make it possible for the United States to have the absolute advantage in producing clothing and at the same time import all its clothing from other countries?

2. If a country does not have the absolute advantage in producing anything, can it still engage in mutual beneficial trade? Why?

Answers

Opportunity costs play a key role in explaining how the United States can have the absolute advantage in producing clothing while still importing the majority of its clothing from other countries. Absolute advantage refers to a country's ability to produce a good more efficiently than another country, while opportunity cost refers to the value of the next best alternative foregone when making a choice.

In the case of the United States, although it may have the absolute advantage in producing clothing, it can still benefit from importing clothing from other countries due to the concept of comparative advantage. Comparative advantage refers to a country's ability to produce a good at a lower opportunity cost compared to another country.

While the United States may be more efficient in producing clothing, it may have other industries or sectors where it has an even greater comparative advantage. By focusing on producing goods or services in which it has a comparative advantage and trading with other countries, the United States can maximize overall economic efficiency and benefit from a wider variety of goods.

For example, the United States may have a comparative advantage in producing high-tech goods or providing financial services. By allocating its resources to these industries instead of clothing production, it can generate higher overall economic output and income. This allows the United States to specialize in industries where it excels and trade with other countries to obtain clothing at a lower opportunity cost than if it were to produce it domestically.

Even if a country does not have the absolute advantage in producing anything, it can still engage in mutually beneficial trade with other countries. This is because trade is not solely determined by absolute advantage but rather by comparative advantage.

Comparative advantage takes into account the opportunity costs of production. A country may not be the most efficient producer of any particular good, but it may have a lower opportunity cost of producing that good compared to another country. In such cases, it can still specialize in producing the goods in which it has a comparative advantage and trade them for goods produced more efficiently by other countries.

Mutually beneficial trade occurs when countries specialize in producing the goods or services in which they have a comparative advantage and then trade with each other. By doing so, countries can take advantage of their respective comparative advantages and access a wider range of goods and services at lower costs.

For example, consider a country that has a comparative advantage in agricultural production but lacks the technology and expertise to produce high-tech goods efficiently. Despite not having the absolute advantage in high-tech production, it can still engage in trade with another country that has a comparative advantage in high-tech production. This allows both countries to benefit from the exchange of goods, even if one country does not have the absolute advantage in any particular industry.

In summary, trade is not limited to countries with absolute advantages in specific industries. Even if a country lacks absolute advantage in producing anything, it can still engage in mutually beneficial trade by specializing in goods or services where it has a comparative advantage and exchanging them for goods produced more efficiently by other countries. Comparative advantage and the concept of opportunity cost play a crucial role in facilitating mutually beneficial trade between countries.

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Marketers use the north american industry classification system to evaluate ________.

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Marketers use the north american industry classification system to evaluate derived demand.

Why do marketers rely on the system to evaluate derived demand?

The North American Industry Classification System (NAICS) is a standardized classification system that categorizes industries based on their economic activities. Marketers rely on this system to evaluate derived demand which is demand for a particular product or service that arises as a result of demand for another product or service.

By understanding the classification of industries through NAICS, marketers can identify the relationships and interdependencies between industries allowing them to effectively assess the derived demand for their offerings.

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the Pennsylvania human relations act places limits on factors that may be considered when marketing property. it is permissible to advertise that the property is located

a. within walking distance of Jewish synagogue

b. in a popular catholic parish

c. in an integrated neighborhood

d. near shopping and transportation

Answers

Under the Pennsylvania Human Relations Act, it is permissible to advertise that the property is located within walking distance of a Jewish synagogue (option a), in a popular Catholic parish (option b), in an integrated neighborhood (option c), and near shopping and transportation (option d).

Under the Pennsylvania Human Relations Act, there are limits on the factors that can be considered when marketing property. When advertising a property, it is permissible to mention that it is located within walking distance of a Jewish synagogue or in a popular Catholic parish. This is because these references pertain to the proximity of religious institutions and do not violate discrimination laws.

Furthermore, it is also acceptable to advertise that the property is located in an integrated neighborhood. This emphasizes the diversity and inclusivity of the community and aligns with the spirit of the Pennsylvania Human Relations Act.

Lastly, it is permissible to mention that the property is near shopping and transportation. This information is relevant to potential buyers or tenants and does not infringe upon the restrictions set by the Act.

In summary, the Pennsylvania Human Relations Act permits the advertisement of a property's proximity to religious institutions, its location in an integrated neighborhood, and its proximity to shopping and transportation.

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Blossom Farms purchased real estate for $1,210,000, whichincluded $6,500 in legal fees. It paid $264,000 cash and incurred a mortgage payable for the balance. The real estate included land that was appraised at $481,680, a building apprabed at $735,900, sid fences and other land improvements appraised at $120,420. The building has an estimated useful life of 00 years and a $52.000 residual value. Land improvements have an estimated 15 year useful life and no residual value.

Answers

Cost of Land: $488,180, Cost of Building: $683,900 with an annual depreciation expense of $13,678, Cost of Land Improvements: $120,420 with an annual depreciation expense of $8,028

To calculate the cost allocation for the land, building, and land improvements, we need to consider their respective values, estimated useful lives, and residual values. Let's break down the information provided:

1. Land:

- Appraised value: $481,680

- No estimated useful life or residual value mentioned.

2. Building:

- Appraised value: $735,900

- Estimated useful life: 50 years

- Residual value: $52,000

3. Land Improvements:

- Appraised value: $120,420

- Estimated useful life: 15 years

- No residual value mentioned.

Now, let's calculate the cost allocation for each asset:

1. Land:

Since land has no estimated useful life or residual value, the entire cost of the land, including any associated legal fees, will be allocated to the land.

Cost of Land = Appraised value of land + Legal fees

            = $481,680 + $6,500

            = $488,180

2. Building:

To calculate the cost allocated to the building, we need to subtract the residual value from the appraised value and allocate it over the estimated useful life.

Cost Allocated to Building = Appraised value of building - Residual value

                         = $735,900 - $52,000

                         = $683,900

Annual Depreciation Expense for the Building = (Cost Allocated to Building) / Useful life of the building

                                           = $683,900 / 50

                                           = $13,678

3. Land Improvements:

The entire appraised value of land improvements will be allocated to the land improvements category since no residual value is mentioned.

Cost of Land Improvements = Appraised value of land improvements

                        = $120,420

Annual Depreciation Expense for Land Improvements = (Cost of Land Improvements) / Useful life of land improvements

                                               = $120,420 / 15

                                               = $8,028

These calculations determine the cost allocation and annual depreciation expenses for the various assets. It's important to note that these figures represent a simplified calculation, and additional factors, such as tax regulations, might influence the actual accounting treatment.

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After college you start a 50/50 partnership business with a classmate that during its first year of operation generates business income of $250,000, all of which is distributed to the partners. If your distribution from the partnership is your only taxable income, what are your tax liability, after-tax income, marginal tax rate, and average tax rate?
$24,290;$100,710;19%
$26,250;$98,750;21%;21%
$24,080;$100,920;24%;19%
$52,500;$197,500;21%;21%

Answers

Based on the given information, if your distribution from the partnership is your only taxable income of $250,000, the correct answer for your tax liability, after-tax income, marginal tax rate, and the average tax rate is $24,080 for tax liability, $100,920 for after-tax income, 24% for marginal tax rate, and 19% for average tax rate.

Based on the information provided, the correct answer is $24,290; $100,710; 19%. Since your distribution from the partnership is your only taxable income and the business income is $250,000, you will be liable for taxes on this amount. Using the tax brackets for the given year, the tax liability can be calculated. The tax liability is $24,290. After deducting the tax liability from the business income, the after-tax income is $100,710. The marginal tax rate is the rate at which the last dollar of income is taxed, which is 19% in this case. The average tax rate is the total tax paid divided by the total income, which is also 19%.

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Final answer:

Your total tax for your $125,000 business income is $24,021, giving you an after-tax income of $100,979. Your marginal tax rate is 24%, and your average tax rate is 19%.

Explanation:

Your business income in the partnership is $125,000 ($250,000 / 2). Based on the IRS tax brackets for singles in 2021, here's how we can calculate your tax, after-tax income, marginal tax rate, and average tax rate:

The first $9,950 are taxed at 10%, which gives you $995 The income between $9,951 and $40,525 is taxed at 12%, which gives you $3,669 The income between $40,526 and $86,375 is taxed at 22%, which gives you $10,087 The remaining income between $86,376 and $125,000 is taxed at 24%, which gives you $9,270

Add these amounts together, and your total tax liability is $24,021. Your after-tax income is $100,979 ($125,000 - $24,021). Your marginal tax rate, the one applied to your highest dollar earned, is 24% as your income falls into this bracket. Your average tax rate is calculated as total tax divided by total income, i.e., $24,021/$125,000 = ~19.2%, we can round this as 19%.

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You have an investment account that started with $4,00010 years ago and which now has grown to $10,000. a. What annual rate of return have you earned (you have made no additional contributions to the account)? b. If the savings bond earns 16% per year from now on, what will the account's value be 10 years from now? a. What annual rate of return have you earned (you have made no additional contributions to the account)? Your annual rate of return is %. (Round to two decimal places.)

Answers

a. The annual rate of return earned on the investment account is 12.15%.

b. The account's value 10 years from now, assuming a 16% annual return, would be approximately $44,102.91.

a. To calculate the annual rate of return, we use the formula:

Rate of Return = ((Ending Value / Beginning Value)^(1/Number of Years)) - 1

Plugging in the values, we get:

Rate of Return = ((10,000 / 4,000)^(1/10)) - 1 ≈ 0.1215

Converting to a percentage, the annual rate of return is approximately 12.15%.

b. To calculate the account's value 10 years from now, we can use the formula for compound interest:

Future Value = Present Value * (1 + Rate of Return)^Number of Years

Plugging in the values, we get:

Future Value = 4,000 * (1 + 0.16)^10 ≈ $44,102.91

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MuscleMan is interested in lowering its research and development costs for a new workout routine by utilizing social media. Which of the three concepts of social media marketing is MuscleMan most likely trying to utilize?

Group of answer choices

a Establish social networks

b Express themselves digitally

c Co-create brands and experiences

Answers

MuscleMan is most likely trying to utilize the concept of "b Express themselves digitally" in social media marketing. By expressing themselves digitally, MuscleMan can share information about their new workout routine, engage with their audience, and promote their brand in a cost-effective way.

Through social media platforms, MuscleMan can create and share content such as videos, images, and written posts to showcase their workout routine, gather feedback, and build a loyal community. This approach allows MuscleMan to lower their research and development costs by leveraging the power of social media to reach a wide audience and gather valuable insights and feedback.

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Human Resource Management: Recruitment and Selection

Contamination error _________.

a.

Is easy to minimize and control

b.

Is the same as deficiency error

c.

Represents unwanted sources of influence on a measure

d.

Shows a lack of an acceptable coefficient alpha

Answers

The correct answer is option c. Contamination error represents unwanted sources of influence on a measure. It occurs when factors unrelated to the construct being measured affect the results, leading to inaccurate or biased outcomes.

This can happen due to various reasons such as interviewer bias, situational factors, or inadequate training of assessors. Contamination error is a common concern in recruitment and selection processes as it can compromise the validity and reliability of the measures used. To minimize and control contamination error, organizations should ensure proper training and standardization of assessment procedures, use multiple assessors, and establish clear criteria for evaluation.

Using standardized tests, structured interviews, and objective assessment methods can help reduce the impact of contamination error and improve the accuracy of the selection process.

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United Snack Company sells 50-pound bags of peanuts to university dormitories for $56 a bag. The fixed costs of this operation are $568,800, while the variable costs of peanuts are $0.33 per pound. a. What is the break-even point in bags? b. Calculate the profit or loss (EBIT) on 5,000 bags and on 18,000 bags.

Answers

a) The break-even point is 14,384 bags. ; b) The EBIT for 18,000 bags is $142,200, which indicates a profit.

a. Break-even point refers to the number of units that a company has to produce or sell to cover its fixed costs. In the given scenario, the fixed costs of the United Snack Company are $568,800 and the variable costs of peanuts are $0.33 per pound. The selling price of each bag is $56.

Therefore, the contribution margin per unit will be:

Contribution margin per unit = Selling price per unit - Variable cost per unit

Contribution margin per unit = $56 - ($0.33 x 50)

Contribution margin per unit = $39.5

Now, the break-even point can be calculated using the following formula:

Break-even point = Fixed cost ÷ Contribution margin per unit

Break-even point = $568,800 ÷ $39.5

Break-even point = 14,383.5

≈ 14,384 bags

b. The profit or loss (EBIT) on 5,000 bags and 18,000 bags can be calculated as follows:

Profit/loss on 5,000 bags:

Revenue from 5,000 bags = 5,000 x $56

Revenue from 5,000 bags = $280,000

Variable cost for 5,000 bags = 5,000 x $0.33 x 50

Variable cost for 5,000 bags = $82,500

Total cost for 5,000 bags = $568,800 + $82,500

Total cost for 5,000 bags = $651,300

EBIT for 5,000 bags = Revenue - Total cost

EBIT for 5,000 bags = $280,000 - $651,300

EBIT for 5,000 bags = -$371,300

Therefore, the EBIT for 5,000 bags is -$371,300, which indicates a loss.

Profit/loss on 18,000 bags:

Revenue from 18,000 bags = 18,000 x $56

Revenue from 18,000 bags = $1,008,000

Variable cost for 18,000 bags = 18,000 x $0.33 x 50

Variable cost for 18,000 bags = $297,000

Total cost for 18,000 bags = $568,800 + $297,000

Total cost for 18,000 bags = $865,800

EBIT for 18,000 bags = Revenue - Total cost

EBIT for 18,000 bags = $1,008,000 - $865,800

EBIT for 18,000 bags = $142,200

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a. We can calculate the break-even point in bags:
Break-even point (in bags) = $568,800 / Contribution margin per bag
b. Profit or loss (EBIT) = Total revenue - Total costs
Let's calculate the profit or loss (EBIT) for each scenario using the formulas above.

The break-even point in bags can be calculated by dividing the total fixed costs by the contribution margin per bag.

The contribution margin is the selling price per bag minus the variable cost per bag. In this case, the selling price per bag is $56, and the variable cost per bag is the product of the weight per bag (50 pounds) and the variable cost per pound ($0.33).

a. To find the break-even point in bags, we can use the following formula:

Break-even point (in bags) = Total fixed costs / Contribution margin per bag

The contribution margin per bag is calculated as follows:
Contribution margin per bag = Selling price per bag - Variable cost per bag

Let's plug in the values:
Contribution margin per bag = $56 - (50 pounds * $0.33/pound)

Next, we can calculate the break-even point in bags:
Break-even point (in bags) = $568,800 / Contribution margin per bag

b. To calculate the profit or loss (EBIT) on 5,000 bags and 18,000 bags, we need to find the total revenue and total costs for each scenario.

Total revenue = Number of bags * Selling price per bag
Total costs = Total fixed costs + (Number of bags * Variable cost per bag)

Profit or loss (EBIT) = Total revenue - Total costs

Let's calculate the profit or loss (EBIT) for each scenario using the formulas above.

Note: Make sure to substitute the appropriate values for the number of bags in each case.

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Personal and fatigue allowances can include amounts for the effects of lighting, heat and humidity, and noise.

a. true

b. false

Answers

It is a true explanation that Personal and fatigue recompenses can incorporate sums for the impacts of lighting, intensity and stickiness, and clamor. Therefore, option (A) is accurate.

Personal and fatigue recompenses can to be sure incorporate sums for the impacts of lighting, intensity and mugginess, and commotion. These recompenses are regularly given to remunerate people to the uneasiness or unfriendly impacts they might insight while working in conditions with testing conditions.

By including sums for the impacts of lighting, intensity and stickiness, and commotion in Personal and fatigue remittances, managers mean to perceive the difficulties looked by representatives and furnish them with fair pay for working under these circumstances.

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John Smith opens a brokerage account and purchases 400 shares of Folda Valve Inc. at $35 per share on margin. Initial margin requirement is 50% and his broker charges 4% interest rate over his one-year investment period. Maintenance margin is 30%. a. What is the margin in his account at the time of purchase? b. If the price increases to $40 per share by the end of the year, what is the return on John's investment? c. If price goes down to $30 per share what is the return on his investment? d. What is the price at which he receives a margin call?

Answers

a. The margin in his account at the time of purchase is $7,000.

b. The return on John's investment is 14.29% .

c.  The return on his investment is 14.29% .

d. The price at which he receives a margin call is $10,500 .

a. The margin in John's account at the time of purchase is calculated as follows:Initial margin requirement = 50%

Number of shares purchased = 400

Purchase price = $35 per share

Total purchase price = 400 × $35 = $14,000

Margin = Initial margin requirement × Total purchase price= 50% × $14,000 = $7,000

b. If the price of the share increases to $40 per share at the end of the year, John's return on investment will be calculated as follows:Price of the share = $40 per share

Total value of shares = 400 × $40 = $16,000

Profit = Total value of shares - Total purchase price = $16,000 - $14,000 = $2,000

Return on investment = (Profit / Total purchase price) × 100%= ($2,000 / $14,000) × 100% = 14.29%

c. If the price goes down to $30 per share, John's return on investment will be calculated as follows:

Price of the share = $30 per share

Total value of shares = 400 × $30 = $12,000

Loss = Total purchase price - Total value of shares= $14,000 - $12,000 = $2,000

Return on investment = (Loss / Total purchase price) × 100%= ($2,000 / $14,000) × 100% = 14.29%

d. The margin call is when the price per share falls below the maintenance margin, which is 30% in this case. The minimum value of shares that must be maintained in John's account is 30% of the total value of the shares. Therefore, when the value of the shares falls to $10,500 (30% of $35 × 400), John will receive a margin call.

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The effects of the payroll tax on wages and employment is lower if workers are required to remit the taxes to the government. independent of who actually remits the taxes to the government. higher if firms are required to remit the taxes to the government. lower if firms are required to remit the taxes to the government. higher if workers are required to remit the taxes to the government.

Answers

The correct answer is higher if firms are required to remit the taxes to the government.

The effects of the payroll tax on wages and employment depend on who is responsible for remitting the taxes to the government. When firms are required to remit the taxes, they bear the burden of the tax and it can have a direct impact on their costs. As a result, firms may reduce wages or adjust their hiring decisions in response to the increased costs imposed by the tax. This can lead to lower wages and reduced employment levels.

On the other hand, if workers are required to remit the taxes directly, the burden of the tax falls on the employees. In this case, the tax may reduce workers' take-home pay, but it is less likely to directly affect employment decisions by the firms. The impact on wages and employment would be relatively lower compared to when firms are responsible for remitting the taxes.

Therefore, the effects of the payroll tax on wages and employment are higher if firms are required to remit the taxes to the government.

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Christine recently earned a promotion at work, raising her income by 40%. As a result, she now attends twice as many concerts as before. What is Christine's income elasticity of demand for concerts?

a)-0.40

b) 0.40

c) 1.00

d) 2.50

Answers

Christine's income elasticity of demand for concerts is 2.5. This means that her attendance at concerts is highly responsive to changes in income, indicating a relatively elastic demand for concerts. Thus, option D is the correct option.

To determine Christine's income elasticity of demand for concerts, we need information on the percentage change in the quantity demanded of concerts in response to the 40% increase in her income.

Let's assume that before the promotion, Christine attended "X" number of concerts, and after the promotion, she now attends twice as many, which is "2X" concerts.

The percentage change in quantity demanded can be calculated as follows:

Percentage Change in Quantity Demanded = ((New Quantity - Old Quantity) / Old Quantity) * 100

In this case, the percentage change in quantity demanded would be:

((2X - X) / X) * 100 = 100%

Next, we need to calculate the percentage change in income, which is given as 40%.

Income Elasticity of Demand = (Percentage Change in Quantity Demanded / Percentage Change in Income)

Plugging in the values:

Income Elasticity of Demand = (100% / 40%) = 2.5

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Which of the following securities is/are not used by companies
to raise funds from the financial markets?
1. corporate bonds
2. options
3. futures
4.commercial papers

Answers

Options are not commonly used by companies to raise funds from the financial markets, while corporate bonds, commercial papers, and futures are more commonly utilized.

The security that is not typically used by companies to raise funds from the financial markets is options.

1. Corporate bonds: Companies can issue corporate bonds to raise funds. Corporate bonds are debt securities issued by companies to investors, who in turn lend money to the company for a specified period of time.

2. Options: Options are financial derivatives that give the holder the right, but not the obligation, to buy or sell an underlying asset at a predetermined price within a specified period. Companies do not typically use options to raise funds from the financial markets.

3. Futures: Futures are derivative contracts that obligate the buyer to purchase an underlying asset or the seller to sell an underlying asset at a predetermined future price and date. Companies do not commonly use futures to raise funds.

4. Commercial papers: Commercial papers are short-term unsecured promissory notes issued by companies to investors to raise funds for short-term financing needs. Companies often use commercial papers to raise funds from the financial markets.

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During the last year of operations, Theta's accounts receivable increased by $26,000, accounts payable increased by $13,000, and inventories decreased by $3,000. What is the total impact of these changes on the difference between profits and cash flow?

Answers

The total impact of the changes on the difference between profits and cash flow is an increase of $10,000.

The increase in accounts receivable by $26,000 indicates that Theta has made sales on credit, but the cash for those sales has not been received yet. This increase in accounts receivable decreases the cash flow because it represents an inflow of cash that has not been realized.

On the other hand, the increase in accounts payable by $13,000 implies that Theta has received goods or services on credit but has not yet paid for them. This increase in accounts payable has a positive impact on cash flow because it represents an outflow of cash that has been deferred.

Additionally, the decrease in inventories by $3,000 suggests that Theta has sold some of its inventory. This decrease positively affects cash flow because it represents an increase in cash from the sale of goods.

To calculate the total impact on the difference between profits and cash flow, we need to consider the changes in accounts receivable, accounts payable, and inventories together. The increase in accounts receivable and the decrease in inventories both reduce cash flow, while the increase in accounts payable increases cash flow.

Therefore, the total impact on the difference between profits and cash flow can be calculated as follows:

Total impact = Increase in accounts receivable - Increase in accounts payable + Decrease in inventories

Total impact = $26,000 - $13,000 - $3,000

Total impact = $10,000

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The Deciaration, Record, And Payment Dates In Connection With A Cash Dividend Of $65,800 On A Corporation's Common Stock

Answers

The declaration, record, and payment dates in connection with a cash dividend of $65,800 on a corporation's common stock are important dates in relation to the dividend distribution process.

Declaration date: A declaration date is the date when a corporation's board of directors officially declares a dividend payment. On this date, the corporation's board of directors approves the dividend payment and announces the details of the distribution, including the amount, the payment date, and the record date.Record date: The record date is the date on which a corporation determines the list of shareholders who are eligible to receive the dividend payment.

Investors must be on the company's books as shareholders on the record date to receive the dividend payment.Payment date: The payment date is the date on which the dividend is distributed to shareholders. It is the date on which the corporation distributes the dividend payment to shareholders who were on the company's books as shareholders on the record date.

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Does purchasing and supply chain belong together as a unit one in the same or do you think purchasing functions better as a separate function away from supply chain management?

How was the evolution of purchasing and the evolution of logistics similar?

Answers

Purchasing and supply chain are closely related but distinct functions within a business. While they both involve the management of goods and materials, they serve different purposes.

Purchasing focuses on acquiring goods and services from suppliers at the best possible cost and quality. It involves activities such as sourcing, negotiating contracts, and managing supplier relationships.

While purchasing and supply chain are separate functions, they are interdependent and collaborate closely. Purchasing decisions impact the overall supply chain, as the availability, cost, and quality of materials can affect production and customer satisfaction.


The evolution of purchasing and logistics has been similar in many ways. Both functions have transitioned from being primarily transactional and tactical to strategic and collaborative.

Initially, purchasing focused on transactional activities like buying goods, while logistics was mainly concerned with transportation and warehousing.


In summary, while purchasing and supply chain management are related, they serve different functions within a business. They need to work together closely to optimize efficiency and effectiveness.

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Survey of Economics, Chapter 1: "What is Economics?"

Q) Discuss how scarcity of economic resources leads to tradeoffs.

Answers

Scarcity of economic resources leads to tradeoffs as individuals and societies are forced to make choices due to limited resources.

The concept of scarcity in economics arises from the fundamental reality that resources are limited, while human wants and needs are unlimited. As a result, individuals and societies face the need to make choices and tradeoffs. When resources such as time, money, land, labor, and capital are scarce, they must be allocated among competing uses.

Tradeoffs occur when individuals or societies choose to allocate resources to one specific use, which means sacrificing alternative uses. For instance, if a country decides to allocate more resources to education, it may have to reduce spending in other areas like healthcare or defense. Similarly, on an individual level, choosing to spend money on a vacation might require sacrificing savings for a future investment.

The scarcity of resources forces individuals and societies to prioritize and make decisions about how resources will be utilized. These decisions involve evaluating the costs and benefits of different choices and determining the most efficient allocation of resources to achieve desired outcomes. Therefore, scarcity drives tradeoffs and necessitates the careful consideration of alternatives when making economic decisions.

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Forward Premium on the Dollar. Calculate the forward premium on the dollar if the spot rate is

$1.5927=£1.00

and the

6​-month

forward rate is

$1.5456=£1.00.

​Note: Use a​ 360-day year.

Part 1

The forward premium on the dollar is % (round to 4 decimal places)

The premium indicates that the pound is selling forward at a ??? to the​ dollar, and​ simultaneously, the dollar is selling forward at a ??? to the pound. That​ is, the forward rate requires fewer U.S. dollars in exchange for pounds than the current spot rate.

Answers

To calculate the forward premium on the dollar, we need to determine the percentage difference between the forward rate and the spot rate.

Given: Spot rate: $1.5927 = £1.00

6-month forward rate: $1.5456 = £1.00

First, we need to calculate the forward premium on the dollar:

Forward premium on the dollar = (Forward rate - Spot rate) / Spot rate * (360/6)

Forward premium on the dollar = ($1.5456 - $1.5927) / $1.5927 * (360/6)

Forward premium on the dollar = (-$0.0471) / $1.5927 * 60

Forward premium on the dollar ≈ -0.1766

To round to four decimal places, the forward premium on the dollar is approximately -0.1766%.

The negative sign indicates that the pound is selling forward at a premium to the dollar.

So, the pound is selling forward at a premium of approximately 0.1766% to the dollar, and simultaneously, the dollar is selling forward at a discount to the pound.

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Provide personal or real life examples along with answers. No more than 250 words.
Discuss organizational change and explain disruptive innovation and the ambidextrous approach as possible responses to the forces that drive innovation and change in today's organizations.

Answers

Organizational change is a term used to describe a process that involves significant changes in the structure, processes, strategies, culture, and management of an organization.

The forces that drive innovation and change in today's organizations are technological advancements, competition, globalization, consumer preferences, government regulations, and economic conditions.Disruptive innovation is a type of innovation that involves the introduction of new products, services, or processes that disrupt the existing market. It is characterized by a focus on underserved markets and customers, the use of novel business models, and the pursuit of low-end or niche markets.

Disruptive innovation often results in the displacement of existing firms and the creation of new markets and opportunities.The ambidextrous approach is a response to the challenges of balancing exploration and exploitation activities in an organization. It involves the creation of separate units that are dedicated to innovation and incremental improvement, respectively. The innovation unit is tasked with developing new products, services, and processes that have the potential to disrupt the existing market, while the incremental improvement unit focuses on optimizing the existing products, services, and processes.

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Consider two firms with the following marginal abatement costs (MAC) as a function of emissions (E):

MAC_1 = 4 - 2E_1

MAC_2 = 8 - E_2,

and assume marginal external damages (MED) from aggregate emissions from the two firms (E_Agg) is:

MED = E_Agg.

In the absence of government intervention, total external damages will be ____.

Answers

In the absence of government intervention, the total external damages from aggregate emissions (E_Agg) will be equal to E_Agg.

To calculate the total external damages, we need to find the aggregate emissions level by summing the emissions from the two firms. The aggregate emissions (E_Agg) can be expressed as E_Agg = E_1 + E_2.

Given the marginal abatement costs (MAC) for each firm, MAC_1 = 4 - 2E_1 and MAC_2 = 8 - E_2, we can set the MAC equal to the MED to find the socially efficient level of emissions.

4 - 2E_1 + 8 - E_2 = E_Agg

Simplifying the equation, we have:

12 - 2E_1 - E_2 = E_1 + E_2

3E_1 + 2E_2 = 12

Now, we have one equation with two variables, which means we cannot determine the specific values of E_1 and E_2 without additional information or assumptions.

However, the total external damages in the absence of government intervention will be equal to the aggregate emissions, which is E_Agg.

Therefore, the total external damages will be E_Agg.

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In two to three paragraphs, explain the true, original purpose
of experience rating in workers’ compensation, and how it achieves
that purpose

Answers

Experience rating is a system that determines the premium an employer will pay for its workers' compensation insurance based on the employer's historical claims history. This system was created to provide an incentive for employers to take steps to reduce workplace accidents and injuries.

By doing so, they would be rewarded with lower insurance premiums. The primary purpose of experience rating is to encourage workplace safety.Experience rating helps to achieve this purpose in several ways. First, it allows employers to see the direct impact of their safety efforts on their insurance premiums. Employers can see the difference in premiums between years when they had high claims and years when they had low claims. This provides an incentive for them to take steps to reduce accidents and injuries in order to lower their premiums.

Second, experience rating provides an incentive for employers to create a safer workplace culture. When employees see that their employer is taking steps to reduce accidents and injuries, they are more likely to follow safety protocols and take safety seriously. This leads to a safer work environment and fewer claims.

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What is the value today of a money machine that will pay $1,750.00 every six months for 14.00 years? Assume the first payment is made six months from today and the interest rate is 11.00%. Answer format: Currency: Round to: 2 decimal places.

Answers

The value today of a money machine that will pay $1,750.00 every six months for 14.00 years, assuming an interest rate of 11.00%, is $14,021.72.

To calculate the value of the money machine, we can use the formula for the present value of an ordinary annuity. The formula is:
PV = PMT * (1 - (1 + r)^-n) / r
Where PV is the present value, PMT is the payment amount, r is the interest rate, and n is the number of periods.
In this case, the payment amount is $1,750.00, the interest rate is 11.00%, and the number of periods is 14.00 years.
First, let's convert the interest rate to a decimal by dividing it by 100: 11.00% = 0.11.
Next, we calculate the present value using the formula:
PV = $1,750.00 * (1 - (1 + 0.11)^-14) / 0.11
After performing the calculations, the present value of the money machine is $14,021.72.
So, the value today of a money machine that will pay $1,750.00 every six months for 14.00 years, assuming an interest rate of 11.00%, is $14,021.72.

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3.2 Describe risk retention as a risk management tool. (13) Include reasons why certain risks are not funded.

Answers

Risk retention is a risk management tool that involves accepting and assuming certain risks within an organization.

It is the decision to bear the financial consequences of a potential loss without transferring the risk to an insurance company or other external party.
There are several reasons why certain risks are not funded through risk retention.
Firstly, some risks may have a low probability of occurrence or a low potential impact on the organization. In such cases, it may be more cost-effective to absorb the potential losses internally rather than purchasing insurance or other risk transfer mechanisms.
Secondly, some risks may be uninsurable or have limited coverage options in the insurance market. This can occur when the risk is deemed too uncertain or the potential losses are too large for insurers to accurately assess and price.

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According to the World Economic Forum article, "Companies Have No Excuse for ‘Diversity Fatigue,'" companies are investing in diversity programs, but it’s not working. Companies have no excuse for "diversity fatigue," and "today, just 24 Fortune 500 CEOs are female, three are black, and one is openly gay," (Tsusaka, 2019).

Assume you are a manager in one of the Fortune 500 organizations. Due to rapid technological changes and the appearance of new market opportunities, the organization is facing upcoming recruitment needs. You are assigned as a lead committee member for the development of new recruitment and retention strategies.

Compose a 525- to 700-word committee report for the CEO. Include the following in your report:

A justification of why the emphasis on diversity and inclusion will better serve the organization’s management principles
An assessment of how the emphasis on diversity and inclusion could improve organizational goals related to employee recruitment, employee retention, and organizational leadership
Recommendations for employee training initiatives to support diversity and inclusion
References from the textbook

Answers

This response provides a committee report for the CEO of a Fortune 500 organization on the importance of emphasizing diversity and inclusion in recruitment and retention strategies

Dear CEO,

I am writing this committee report to highlight the importance of emphasizing diversity and inclusion in our organization's recruitment and retention strategies. It is crucial that we recognize the value and benefits that a diverse and inclusive workforce can bring to our management principles.

Firstly, embracing diversity and inclusion aligns with our organizational values of fairness, equality, and respect. By fostering an inclusive workplace culture, we can create an environment where employees from different backgrounds feel valued, respected, decision-making processes and empowered. This, in turn, leads to increased employee engagement, productivity, and satisfaction. It also enhances our reputation as an employer of choice, attracting top talent from diverse backgrounds.

Furthermore, focusing on diversity and inclusion can significantly improve our organizational goals related to employee recruitment, retention, and leadership. Research has consistently shown that diverse teams are more innovative, creative, and adaptable. By recruiting employees with diverse perspectives, skills, and experiences, we can tap into a wider range of ideas and problem-solving approaches. This enables us to navigate the rapidly changing technological landscape and capitalize on emerging market opportunities.

To support diversity and inclusion, I recommend implementing employee training initiatives. These initiatives should include unconscious bias training to raise awareness of biases and stereotypes that can hinder inclusivity. Additionally, cultural competency training can help employees develop the skills to work effectively in diverse teams and interact respectfully with colleagues from different backgrounds. Leadership training should also prioritize diversity and inclusion, equipping managers with the knowledge and tools to create an inclusive work environment and foster diverse talent.

In conclusion, emphasizing diversity and inclusion in our recruitment and retention strategies is crucial for our organization's success. It aligns with our management principles, improves employee recruitment and retention, and enhances our ability to thrive in a rapidly evolving business landscape. By implementing employee training initiatives to support diversity and inclusion, we can create a workplace where every employee feels valued, respected, and empowered.

References:

[Include relevant references from the textbook as per the requirements of the assignment.]

Please note that the specific references from the textbook should be inserted in the designated area, as per the requirements of the assignment.

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A company disposes of equipment that it no longer uses in its business. The amount received by the company is more than the amount the asset is carried at in the accounting records. The company will report a(n)

Loss

Revenue

Gain

Expenses

Answers

Hi! In this scenario, if a company disposes of equipment and receives an amount greater than the carrying value of the asset in its accounting records, the company will report a gain. A gain is recognized when the amount received from the disposal exceeds the carrying value of the asset.

This gain represents the excess of the disposal proceeds over the original cost of the equipment. It is important for companies to report gains accurately in their financial statements to reflect the positive impact on their financial performance.

This gain is typically reported under the "Other Income" or "Other Revenue" section of the income statement. I hope this helps! Let me know if you have any more questions.

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Mr. Brows is the presideet of a one-perin investment fim that manages sock prefolios for a nimber of chents. A nera client has jus roqueded the firm 10 hiedle a 500 coo portfolio wid a ocedition that the amoust of Goter Crudn stocks purchad should be at lent fance of the ramber 4ocks alowe in the table belon, Fenmelate tha problam an an fiB model fo sbow bow many try to wove in, (20 poeft)

Answers

To formulate the problem as an LP model, we can define the decision variables, objective function, and constraints.

Decision Variables:

Let's define the following decision variables:

x1: Number of shares of Gofer Crude stock to be purchased

x2: Number of shares of Can Oil stock to be purchased

x3: Number of shares of Sieth Petroleum stock to be purchased

x4: Number of shares of All Ful stock to be purchased

Objective Function:

The objective is to maximize the estimated total annual return. Since the estimated annual return per share is not provided, we'll assume a variable r for the estimated annual return per share.

The objective function can be defined as:

Maximize:[tex]r * (x^{1} + x^{2} + x^{3} + x^{4} )[/tex]

Constraints:

The total cost of the given portfolio should not exceed $500,000:

[tex]560 * x^{1} + 25 * x^{2} + 20 * x^{3} + 30 * x^{4} < = 500,000[/tex]

The amount of Gofer Crude stocks purchased should be at least tance (one-tenth) of the number of Can Oil stocks purchased:

[tex]x^{1} > = 0.1 * x^{2}[/tex]

The number of shares purchased should be non-negative:

[tex]x^{1} , x^{2} , x^{3} , x^{4} > = 0[/tex]

This formulation represents the problem as an LP model to maximize the estimated total annual return by determining the optimal number of shares of each stock to be purchased. Please note that the estimated annual return per share (variable r) is missing from the given information, so you would need to include that information to solve the problem.

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The complete question is-

Mr. Brown is the president of a one-person investment firm that manages stock portfolios for a

number of chents. A new client has just requested the firm to handle a $500,000 portfolio with a

condition that the amount of Gofer Crade stocks purchased should be at least tance of the mamber

of Can Oil stocks purchased. The cheat would like to restrict the portfolio to a mix of the four

stocks shown in the table below. Formulate this problem as an LP model to show how many

shares of each stock Mr. Brown purchase to maximize the estimated total annual retum. Don't ever try to solve it. (20 points)

Stock             price/share  Estimated Annualreturn/Share max. investment                    

Gofer Crude              60                       7                                      $300,000

Can oil                       25                       3                                      250,000

Sieth Petroleum        20                       3                                     100000

All Ful                         50                       6                                      200000

form I-9 must be completed by each new hire ? true or false

Answers

True. Form I-9 is a required document in the United States for verifying the identity and employment eligibility of new hires, as mandated by the USCIS.

Form I-9 is a crucial document used to establish an employee's identity and work authorization in the United States. It is mandated by the Immigration Reform and Control Act of 1986 (IRCA), which requires employers to verify the eligibility of their employees to work in the country. By completing Form I-9, both the employer and the employee attest to the employee's identity and work authorization status.

The form includes sections for providing personal information, presenting acceptable identification documents, and certifying the authenticity of the presented documents. Failure to properly complete and retain Form I-9 can result in penalties for employers. Therefore, it is essential for employers to ensure that Form I-9 is completed for each new hire to comply with the legal requirements.

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