Leaders use different types of power to get others to follow them. Some forms of power result from a formalized position in the organization, while others derive from personal characteristics or knowledge. Influencing others as a manager or leader depends upon your ability to use power appropriately.
What is a leaders use of power?The ability of a leader to sway their followers is known as leadership power. It persuades people to assist the leader in their endeavours and comply with their requests. Because it enables them to build rapport with their teams and uphold authority—the right to wield power—influence is crucial to leadership.
The goal of this activity is to challenge your knowledge of the six sources of power. Here is a brief overview of the six sources of power and their descriptions:
1. Legitimate Power: This power comes from a formalized position or role in the organization. Leaders with legitimate power have authority over others due to their title or position.
2. Reward Power: This type of power is based on the ability to provide rewards, such as bonuses or promotions, to influence others' behavior.
3. Coercive Power: This power involves the use of threats or punishments to get others to comply, such as demotions or negative performance reviews.
4. Expert Power: This power comes from personal knowledge or expertise in a specific field or subject. People with expert power are respected for their skills and knowledge.
5. Referent Power: This power is derived from personal characteristics, such as charisma or likability, that make others want to follow the leader.
6. Informational Power: This power comes from having access to valuable information that others need or want. Informational power can be used to influence others by sharing or withholding information.
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susan has a listing agreement with tom to sell his house and an adjoining lot. susan sells tom's house to pete. before closing, susan also negotiates a valid option contract with pete for tom's adjoining lot, which is listed at $150,000. when will susan earn her commission on the adjoining lot? select one: a. when the sale on the home closes b. when the option period expires c. upon tom's acceptance of pete's offer of the option d. none of the above
Susan will earn her commission on the adjoining lot when the option period expires.
So, the correct answer is B.
What's option contract?The option contract is a separate agreement from the sale of the house, and the commission for the sale of the house is earned when the sale closes.
The option contract gives Pete the right to purchase the adjoining lot at a certain price within a specific time frame, but it does not guarantee that he will exercise that option.
Therefore, Susan's commission on the sale of the adjoining lot is not earned until the option period expires and Pete either exercises or declines the option to purchase the lot.
At that point, the commission will be based on the final sale price agreed upon in the option contract.
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Dropdown menu is for 0%, 25%, 50%, 75%, and 100% deductible.
If the answer is correct I will upvote your response,
thanks!
Would education expenses incurred by a self-employed individual be allowed in 2021 for the following expenses? (Click the icon to view the list of expenses.) Cost of a CPA review course - $2,500 Accounting continuing education expenses (including travel and conference fees) - $800 Accounting continuing education expenses (Meals only) - $200 Law school tuition and books - $9,000"
Total deductible expenses will come up to $3,400. And, yes, in 2021, a self-employed individual can claim deductions for CPA review course, travel and conference fees and Meals only (50% deductible)
1. Cost of a CPA review course - $2,500: This expense is deductible because it is related to maintaining or improving skills in the individual's current occupation.
2. Accounting continuing education expenses (including travel and conference fees) - $800: These expenses are deductible as they are necessary to maintain professional certification and are directly related to the individual's current occupation.
3. Accounting continuing education expenses (Meals only) - $200: Meal expenses associated with continuing education events are deductible at 50%. In this case, the deductible amount would be $100 (50% of $200).
4. Law school tuition and books - $9,000: This expense is not deductible, as it is related to preparing for a new occupation and not maintaining or improving skills in the individual's current occupation.
Thus, Total deductible expenses: $3,400
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a fast-food chain has over three thousand stores nationwide, with each store making its own decisions about hiring, expansion, and sales. each location can be regarded as a(n) center.select answer from the options belowinvestmentcostprofitrevenue
The answer is "center".
In this context, each fast-food location is a center because it has its own autonomy in making decisions about hiring, expansion, and sales.
These individual locations can be seen as independent centers, each making its own decisions and functioning as a separate unit, even though they are part of the larger chain.
Each location is responsible for its own investment, cost, revenue, and profit decisions, and they do not necessarily rely on decisions made by the central management of the fast-food chain.
Therefore, in this case, the term "center" refers to the decentralized nature of the decision-making process within the fast-food chain.
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ou want to create new audiences for your eCommerce site by segmenting users according to parameters that make sense for your business, like those who've made a purchase.Which of these approaches would provide you with a predictive audience?a. You create an audience of users who started checking out but didn't complete the purchaseb. You create an audience of users who made a purchase in the last 30 daysc. You create an audience of users who added items to their purchase wishlistd. You create an audience of users who are likely to purchase in the next seven days
This is because it is focused on identifying users who are likely to make a purchase in the near future provide you with a predictive audience. The correct option is D
This could be based on various factors such as their browsing behavior, previous purchase history, or even their demographics.
By targeting this audience, you can tailor your marketing efforts to reach out to them and encourage them to make a purchase.
This could involve offering them personalized discounts, sending them targeted emails, or retargeting them with ads based on their previous interactions with your site.
By focusing on users who are likely to purchase, you can maximize your ROI and increase your eCommerce site's revenue.
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Mr phones buys phone parts from several well know phone manufacturers, assembles the phone, brands it and then packs it ready to sell to the customers. When he buys the phone it costs £200 and he treats this as his direct costs in the standard cost card, Overheads for the three processes are as follows, Phone Assembly Branding Packaging Labour hours 200 Machine hours 300 1001 Annual Overheads (E) 6,000 15,000 4,500 It takes the following times to complete each task, Assembly Branding Packing Time taken to complete task in minutes 10 20 15 Mr phones adds a profit mark up of 20% to all his products Required Complete the standard Cost Card Below Enter all values to 2 demical place with no E sign Standard Cost Card E Direct Costs 200.00 Phone Assembly Branding Packaging Total Cost Profit Markup Selling Price
Total Cost; Profit Markup; Selling Price from Mr phones is, total cost: £25,701.00, profit markup: 20%, selling price: £30,841.20.
Here is the completed Standard Cost Card:
Standard Cost CardDirect Costs: £200.00Phone Assembly:
Labour Hours: 200Overhead Costs: £6,000.00Branding:Labour Hours: 300Overhead Costs: £15,000.00Packaging:Labour Hours: 1001Overhead Costs: £4,500.00Total Cost: £25,701.00 (calculated as Direct Costs + Overhead Costs)
Profit Markup: 20%
Selling Price: £30,841.20 (calculated as Total Cost + Profit Markup)
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The following income relates to a proprietorship registered as a BMBE: Gross income from sales P400,000 Dividend income - domestic corporation 9,000 Interest on bank deposits 6,800 Compute the total exclusion from gross income.A. 415,800
B. 400,000
C. 15,800
D. Zero
The correct answer is C. 15,800. Under the BMBE law, registered businesses are entitled to certain tax incentives including an income tax exemption for their first Php 150,000 annual income.
In this case, the gross income from sales is Php 400,000, but the first Php 150,000 is exempted, leaving a taxable income of Php 250,000.
Dividend income from the domestic corporation and interest on bank deposits are not covered by the BMBE income tax exemption, so the total exclusion from gross income would only be the Php 150,000 exemption for the gross income from sales.
Therefore, the total exclusion from gross income would be Php 150,000, and the taxable income would be Php 250,000.
Adding the dividend income of Php 9,000 and interest on bank deposits of Php 6,800 to the taxable income of Php 250,000 would give a total gross income of Php 265,800. However, only Php 150,000 is exempted, leaving a taxable income of Php 115,800.
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Identify the situation in which the use of an administrative coordination approach to formulating and implementing strategy is ideal for a multinational corporation (mnc). when the market requires a calculated response from the mnc when the mnc is required to make rapid, flexible decisions in order to close the sale when the mnc has a strong market power in a specific market when the mnc's economic position aligns with the political situation in an economy
A multinational corporation (MNC) may choose to use an administrative coordination approach to formulating and implementing strategy when the market requires a detailed response from the MNC. This approach is particularly useful when the MNC is required to make rapid, flexible decisions in order to close the sale.
Additionally, this approach may be employed when the MNC has a strong market power in a specific market or when the MNC's economic position aligns with the political situation in an economy. In these situations, the administrative coordination approach allows the MNC to centralize decision-making and utilize its internal resources to achieve its strategic goals. By doing so, the MNC can ensure a coordinated and efficient approach to strategy formulation and implementation.
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internal control procedures for cash disbursements (other than small disbursements from petty cash) should include that (select all that apply.) multiple select question. all disbursements (other than petty cash) are made by check. checks are signed by authorized individuals. the employee who authorizes the payment should write the check. employees in charge of cash receipts are also in charge of cash disbursements. all expenditures are authorized.
The internal control procedures for cash disbursements (excluding petty cash) should include the following measures: a) all disbursements are made by check, b)checks are signed by authorized personnel, and e)all expenditures are authorized.
Cash disbursements are a crucial area of concern for businesses, as they involve the outflow of company funds. Effective internal control procedures are necessary to ensure that these disbursements are made in a responsible and accountable manner.
By requiring that all disbursements (except petty cash) be made by check, companies can establish a clear paper trail for each payment. Additionally, checks should only be signed by authorized personnel to prevent unauthorized payments.
Finally, all expenditures should be authorized to ensure that the funds are being spent appropriately and in line with the company's objectives. These measures can help prevent fraud, errors, and misuse of company funds, and promote accountability and transparency in the cash disbursement process.
So correct options are a,b and e.
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Compare and Contrast the development of the North, South, andWest as distinct sections of the United States. What are theirmajor differences? How are they the same? How are theyinterconnected? Be S
The North, South and West are all distinct sections of the United States and each have unique characteristics that make them stand out from one another. The North has traditionally been an industrial and manufacturing powerhouse, with a large and diverse population.
The South is known for its reliance on agriculture and for its historical ties to slavery. The West has a reputation for being a wild and untamed region, with vast open spaces and a strong cowboy culture.
The major differences between these three regions include their geography, economy, history, and culture. For instance, the North is heavily industrialized, while the South is more agricultural, and the West is largely rural with a frontier mentality.
The North and South historically clashed over slavery, while the West was a melting pot of frontier settlers and Native Americans.
Despite their differences, the North, South, and West are all interconnected. The West's mining and agriculture have helped fuel the North's industry, while the North's industrial products have been essential to the South's economy.
Additionally, the Civil War united the North and South, and the completion of the transcontinental railroad connected the West to the rest of the nation.
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a(n) is the social system involved in production, consumption, and distribution of goods and services.
A market economy is the social system involved in the production, consumption, and distribution of goods and services. It encompasses the activities of individuals, businesses, and governments.
It creates and utilize resources to satisfy human needs and wants. Economies can be classified into different types, such as market economies, command economies, and mixed economies.
In a market economy, prices are determined by supply and demand, and individuals and businesses make decisions based on their self-interest. In a command economy, the government controls the production and distribution of goods and services.
In a mixed economy, elements of both market and command economies are present, with the government regulating certain aspects of the economy while allowing market forces to operate in others.
The study of economics involves analyzing how resources are allocated, how markets work, and how policies affect economic outcomes. It is a broad field that encompasses microeconomics.
It focuses on individual decision-making and the behavior of markets, and macroeconomics, which examines the overall performance of the economy and factors such as inflation, unemployment, and economic growth.
In summary, a market economy is a social system that involves the production, consumption, and distribution of goods and services. It is essential for meeting human needs and wants and can be classified into different types based on the role of the government and market forces.
The study of economics is critical for understanding how resources are allocated, how markets function, and how policies impact economic outcomes.
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A(n) economy is the social system involved in production, consumption, and distribution of goods and services. The economy encompasses all activities related to the production of goods and services,
as well as their consumption and distribution among different individuals and entities in a society.
This system is critical for the allocation of resources, which ultimately determines the overall welfare and prosperity of a society.
There are three main types of economies: market economy, planned economy, and mixed economy. In a market economy, the production, consumption, and distribution of goods and services are guided by market forces,
such as supply and demand. Businesses and individuals make decisions based on their own self-interests, leading to the efficient allocation of resources.
In a planned economy, the government controls the production, consumption, and distribution of goods and services, determining what is produced, in what quantities, and at what prices.
This centralized control often results in inefficiencies and lack of innovation.
A mixed economy combines elements of both market and planned economies. The government may control certain sectors, while allowing market forces to operate in others.
This combination allows for the flexibility and innovation of a market economy, while also providing a safety net for vulnerable individuals and industries.
Overall, the economy as a social system plays a vital role in determining the well-being of a society.
By effectively managing production, consumption, and distribution, economies can promote prosperity, innovation, and equitable access to goods and services for all members of society.
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Change in Estimate
Assume that Bloomer Company purchased a new machine on January 1, 2017, for $80,000. The machine has an estimated useful life of nine years and a residual value of $8,000. Bloomer has chosen to use the straight-line method of depreciation. On January 1, 2019, Bloomer discovered that the machine would not be useful beyond December 31, 2022, and estimated its value at that time to be $2,000.
Required:
1. Calculate the depreciation expense, accumulated depreciation, and book value of the asset for each year 2017 to 2022. If necessary, round any depreciation calculations to the nearest dollar.
Year Depreciation
Expense Accumulated
Depreciation Book Value
2017 $ $ $
2018 2019 2020 2021 2022
That the book value of the asset at the end of 2022 is equal to its estimated value of $2,000, which means that the asset has been fully depreciated.
Using the straight-line method of depreciation, the annual depreciation expense for the machine can be calculated as follows:
Cost of the asset: $80,000
Residual value: $8,000
Useful life: 9 years
Annual depreciation expense = (Cost of asset - Residual value) / Useful life
Annual depreciation expense = ($80,000 - $8,000) / 9
Annual depreciation expense = $8,000
Calculate the depreciation expense, accumulated depreciation, and book value of the asset for each year 2017 to 2022:
Year Depreciation Expense Accumulated Depreciation Book Value
2017 $8,000 $8,000 $72,000
2018 $8,000 $16,000 $64,000
2019 $8,000 $24,000 $56,000
2020 $8,000 $32,000 $48,000
2021 $8,000 $40,000 $40,000
2022 $4,000 $44,000 $36,000
On January 1, 2019, Bloomer estimated that the machine would not be useful beyond December 31, 2022, and estimated its value at that time to be $2,000. This means that the machine will have a remaining useful life of four years (2019 to 2022) instead of the original seven years (2017 to 2023).
To adjust for this change in estimate, Bloomer should recalculate the depreciation expense for the remaining useful life of the asset using the revised estimate of the machine's value at the end of its useful life:
Cost of the asset: $80,000
Residual value: $2,000
Revised useful life: 4 years
Annual depreciation expense = (Cost of asset - Residual value) / Revised useful life
Annual depreciation expense = ($80,000 - $2,000) / 4
Annual depreciation expense = $19,500
Therefore, the depreciation expense for 2019 to 2022 will be $19,500 per year. The adjusted depreciation expense, accumulated depreciation, and book value for each year are as follows:
Year Depreciation Expense Accumulated Depreciation Book Value
2017 $8,000 $8,000 $72,000
2018 $8,000 $16,000 $64,000
2019 $19,500 $35,500 $44,500
2020 $19,500 $55,000 $25,000
2021 $19,500 $74,500 $5,500.
2022 $2,500 $77,000 $3,000.
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Which of the following statements is not true?A) Information asymmetries are continually being introduced by merchants and marketers.B) Intermediaries have not disappeared.C) Overall transaction costs have dropped dramatically.D) Brands remain very important in e-commerce.
The statement which is not true is "Overall transaction costs have dropped dramatically" because e-commerce has improved some parts of transactions, but it has not completely removed transaction costs.
For example, there are still costs associated with shipping, handling, payment processing, and fraud prevention.
Additionally, e-commerce transactions may require additional security measures, such as SSL certificates and firewalls, which can add to the overall costs of doing business online.
Option A is true since information asymmetry, where one party has more information than the other, can arise in e-commerce transactions as merchants and marketers can use their knowledge and expertise to gain an advantage over consumers.
Option B is also true since intermediaries, such as payment gateways and logistics providers, play a crucial role in the e-commerce ecosystem by facilitating transactions and ensuring smooth delivery of goods and services.
Option D is also true since branding is a critical factor in establishing trust and credibility with online consumers who may be wary of fraudulent sellers or unreliable products. Strong brands can help establish a competitive advantage in the crowded e-commerce market.
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A short-run aggregate supply curve shows fixed ______, and a long-run aggregate supply curve shows fixed __prices; output
A short-run aggregate supply curve shows fixed input prices, and a long-run aggregate supply curve shows fixed output prices.
In the short-run, firms are not able to adjust their input prices to reflect changes in the overall price level, so the short-run aggregate supply curve is upward sloping. This means that an increase in the price level will lead to an increase in the quantity of output supplied.
However, in the long-run, firms are able to adjust their input prices to reflect changes in the overall price level, so the long-run aggregate supply curve is vertical at the potential output level. This means that changes in the price level will not affect the quantity of output supplied in the long-run, as firms will adjust their input prices to maintain a constant level of profit.
Understanding the differences between short-run and long-run aggregate supply curves is crucial in analyzing macroeconomic fluctuations and policy responses.
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If profits are negative in a monopolistically competitive market, then: new firms will enter until profit returns to the optimal positive level. new firms will enter the market until economic profits are zero. firms will exit the market until economic profit returns to the optimal positive level. firms will exit the market until economic profit returns to zero.
If profits are negative in a monopolistically competitive market, then firms will exit the market until economic profit returns to zero.
This is because in a monopolistically competitive market, there are relatively low barriers to entry, which means that new firms can easily enter the market. However, if profits are negative, it means that there is too much competition and not enough demand for the products or services being offered. As a result, firms will have to lower their prices to attract customers, which will further decrease profits. In order to avoid this situation, firms will choose to exit the market until economic profit returns to zero, at which point there is just enough demand to support the existing firms without driving down prices and profits any further.
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Which one of the following best explains the impact on a firm that accepts a project with a negative NPV? a. negative cash flows b. decrease in the value of the firm c. high marginal cost of capital d. low initial returns
The best explanation for the impact on a firm that accepts a project with a negative NPV is option b, a decrease in the value of the firm. A negative Net Present Value (NPV) indicates that the expected cash inflows from the project are not sufficient to cover the initial investment and the cost of capital.
Accepting a project with a negative NPV means that the present value of the project's cash flows is less than the initial investment, resulting in a loss for the firm. As a result, the project will not generate a positive return on investment and will lead to a decrease in the value of the firm. This loss will decrease the overall value of the firm and may have negative consequences for its shareholders and investors. Options a, c, and d may also be relevant factors in certain situations, but they do not directly address the impact of a negative NPV project on the firm's value.
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Victoria, the lessee is negotiating to lease a condo from sanchez, the lessor. they have agreed on the monthly lease payment, term of lease, security deposit, and so forth. victoria plans to start moving in on the first day of next month. What applies to this situation?
Since she plans to move in on the first day of next month, it is important for her to ensure that all necessary paperwork is signed and the security deposit is paid in order to secure the lease.
In this situation, Victoria (the lessee) and Sanchez (the lessor) have agreed on the terms of the lease for the condo, including monthly lease payment, term of lease, security deposit, and other relevant details. Since Victoria plans to move in on the first day of next month, the lease agreement will likely commence on that date. Here's a step-by-step explanation:
1. Victoria and Sanchez negotiate the terms of the lease.
2. They agree on the monthly lease payment, term of lease, security deposit, and other necessary details.
3. Victoria's move-in date is set for the first day of next month.
4. The lease agreement commences on the move-in date, and both parties must adhere to the agreed-upon terms throughout the duration of the lease.
Remember to have a written lease agreement signed by both parties to ensure that all terms and conditions are clear and legally binding.
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true/false. revise the following sentence to present the bad news with passive-voice verbs. write your answer in the text box below. due to the covid-19 crisis, american airlines is suspending all hiring procedures until the end of the fiscal year.
The statement "due to the covid-19 crisis, American airlines is suspending all hiring procedures until the end of the fiscal year" is true because the revised sentence uses passive-voice verbs to present the bad news, rather than active-voice verbs.
Passive voice is often used in situations where the focus is on the action being done to the subject rather than the subject performing the action. In this case, the revised sentence places the focus on the fact that the hiring procedures are being suspended, rather than on the entity that is suspending them.
Using passive voice can also help to soften the impact of negative news by making the statement more objective and less confrontational.
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The sentence can be revised as follows: "Due to the COVID-19 crisis, all hiring procedures are being suspended by American Airlines until the end of the fiscal year."
This version uses passive-voice verbs to present the bad news. The active-voice sentence emphasizes the subject, American Airlines, as the one taking the action of suspending the hiring procedures
In contrast, the passive-voice version emphasizes the action being taken, which is the suspension of hiring procedures. By using the passive voice, the sentence puts less emphasis on the subject and instead shifts the focus to the action being taken.
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you have $126,000 on deposit with no outstanding checks or uncleared deposits. one day you write a check for $58,000. a. does this create a disbursement float or a collection float? b. what is your available balance? (do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) c. what is your book balance? (do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
a. This transaction creates a disbursement float since the funds are being transferred out of your account to another account.
Disbursement float refers to the time between when a check is written and when the funds are actually withdrawn from the account.
b. The available balance is calculated by subtracting the check amount ($58,000) from the account balance ($126,000). Therefore, the available balance is $68,000.
c. The book balance is the actual balance of the account, including the check that has not yet cleared. Therefore, the book balance would be $126,000, which is the initial account balance before the check was written.
It's important to note that the actual available balance may differ from the book balance due to the timing of deposits and withdrawals.
It's always a good practice to regularly reconcile your book balance with your bank statement to ensure there are no discrepancies.
Managing disbursement float is important for effective cash management.
By understanding the timing of disbursement and collection floats, businesses can plan their cash flow and ensure that they have sufficient funds to cover their expenses.
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Create a poster that illustrate the advantages and disadvantages of online marking
no essay just need a poster
Large printed sheets with photos and text that are typically exhibited in public spaces to advertise something are known as posters. It is a very powerful strategy for marketing a good, service, or occasion. The merits and demerits of Online marketing have been mentioned below.
Global research, which enables web marketing to reach every door, is one of its greatest benefits. Online marketing is substantially less expensive than conventional marketing strategies.
The bad criticism associated with online marketing can damage a company's reputation. It takes a lot of time since the proper plan must be carefully considered.
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Tyson Chandler Company's sales budget projects unit sales of part 1987 of 10,500 units in January, 12,000 units in February, and 13,000 units in March. Each unit of part 198Z requires 2 kg of materials, which cost $2 per kilogram. Tyson Chandler Company wants its ending raw materials inventory to equal 40% of the next month's production requirements, and its ending finished goods inventory to equal 25% of the next month's expected unit sales. These goals were met at December 31, 2019. Prepare a production budget for January and February 2020. TYSON CHANDLER COMPANY Production Budget-1987 For the Two Months Ending February 29, 2020 Month Jan Feb Total LINK TO TEXT Prepare a direct materials budget for January 2020. TYSON CHANDLER COMPANY Direct Materials Budget (kgs) For the Month Ending January 31, 2020 Total $ $
TYSON CHANDLER COMPANY Production Budget-1987 For the Two Months Ending February 29, 2020
Month Jan Feb Total
Expected unit sales 10,500 12,000 22,500
Add: Desired ending finished goods inventory (25% of next month's expected unit sales) 3,000 3,250 6,250
Total required units 13,500 15,250 28,750
Less: Beginning finished goods inventory 2,625 3,000
Required production units 10,875 12,250
TYSON CHANDLER COMPANY Direct Materials Budget (kgs) For the Month Ending January 31, 2020
Month Jan
Required production units 10,875
Raw materials required per unit 2 kgs
Total raw materials required 21,750 kgs
Add: Desired ending raw materials inventory (40% of next month's production requirements) 8,700 kgs
Total raw materials needed 30,450 kgs
Cost per kg $2
Total direct materials cost $60,900
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joe is buying a house that currently uses an underground storage tank to hold heating oil, and he wants to know what rules and regulations apply. according to the epa...?
According to the EPA, there are certain rules and regulations that apply to underground storage tanks (USTs) used to hold heating oil.
Joe should check if the UST is registered with the state and if it meets the necessary requirements for spill prevention, release detection, and corrosion protection. He should also ensure that the tank is properly maintained, monitored, and inspected regularly to avoid any environmental contamination. Additionally, Joe should be aware of any state and federal laws regarding the removal or closure of USTs when they are no longer in use. It is recommended that he consult with a professional tank contractor or inspector to ensure compliance with all regulations.
Joe should be aware of the rules and regulations set by the Environmental Protection Agency (EPA) regarding underground storage tanks (USTs) that hold heating oil. According to the EPA, heating oil tanks used for on-site consumption are generally not regulated by federal UST regulations.
However, some states and local jurisdictions may have additional requirements. Joe should check with his state and local environmental agencies for any specific rules that apply to his situation.
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According to the reading, which of the following is NOT a key resource for established companies seeking to develop breakthrough innovations? Capabilities Teamwork Culture Leadership
According to the reading, Culture is NOT a key resource for established companies seeking to develop breakthrough innovations.
The reading highlights three key resources for established companies seeking to develop breakthrough innovations, which are capabilities, teamwork, and leadership. These resources enable companies to identify new market opportunities, develop new products and services, and take risks to achieve breakthrough innovation. However, the reading does not mention culture as a key resource, which suggests that it may not have a significant impact on breakthrough innovation.
In conclusion, while capabilities, teamwork, and leadership are crucial resources for established companies seeking to develop breakthrough innovations, culture may not have the same level of importance. Companies should focus on fostering a culture of innovation, but it may not be a critical resource for achieving breakthrough innovation.
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(4 point) 4. Saman Inc. reported the following financial facts at the year-end Dec 2018. Total Interest-Bearing Debt= $100.000: Sales= $15.000: Total Operating Cost= $4.000. If tax rate is 40% and interest rate is 6%. Find interest expense for the corresponding company.
A. $6000
B. $7000
C. $2700 D. $346
E. None of the above
The answer is not one of the choices given. The correct answer is $3,600.
The interest expense for a company can be calculated using the following formula:
Interest Expense = Interest Rate * Total Interest-Bearing Debt
In this case, the interest rate is 6%, and the total interest-bearing debt is $100,000. Therefore, the interest expense is:
Interest Expense = 6% * $100,000 = $6,000
However, we need to take into account the tax rate of 40%. Interest expense is tax-deductible, which means that the company can reduce its taxable income by the amount of interest paid. Therefore, the after-tax interest expense can be calculated as follows:
After-Tax Interest Expense = Interest Expense * (1 - Tax Rate)
After-Tax Interest Expense = $6,000 * (1 - 0.4) = $3,600,
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Exercise 9-14 (Algorithmic) (LO.3) In November 2021, Kortney (who is a self-employed management consultant) travels from Chicago to Barcelona (Spain) on business. She is gone 10 days (including 2 days of travel) during which time she spends 5 days conducting business and 3 days sightseeing. Her expenses are$2,590(airfare),$290per day (meals at local restaurants), and$525per night (lodging). Because Kortney stayed with relatives while sightseeing, she only paid for 5 nights of lodging. Compute Kortney's deductions for the following: If required, round your answers to the nearest dollar. a. Deduction for airfare: Feentse T Check My Werk An itemized deduction is allowed for unreimbursed travel expenses related to a taxpayer's employment. Travel expenses are more broadly defined in the Code than are transportation expenses. b. Deduction for meals:xFexalusk T Creck My Wark Incortect c. Deduction for lodging:
the deduction for lodging is $1,575. In November 2021, Kortney (who is a self-employed management consultant) travels from Chicago to Barcelona (Spain) on business. She is gone 10 days (including 2 days of travel) during which time she spends 5 days conducting business and 3 days sightseeing.
a. Deduction for airfare:
Kortney's airfare expense is fully deductible as it is a necessary and ordinary expense directly related to her business travel. Therefore, the deduction for airfare is $2,590.
b. Deduction for meals:
Kortney's meal expense is partially deductible. According to the IRS, taxpayers can deduct 50% of the cost of meals incurred while traveling for business purposes. Since Kortney spent 5 days conducting business during her 10-day trip, the deductible amount for meals is calculated as:
5 business days x $290 per day x 50% = $725
Therefore, the deduction for meals is $725.
c. Deduction for lodging:
Kortney's lodging expense is also partially deductible. However, the amount of the deduction depends on whether she stayed in a hotel or with relatives. Since Kortney stayed with relatives for 5 out of the 8 nights she was away, she can only deduct the lodging expenses incurred for the 3 nights she stayed in a hotel. The deductible amount is calculated as:
3 hotel nights x $525 per night = $1,575
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What's the present value of a perpetuity that pays $5000 per year if the appropriate interest rate is 3%? Your Answer: Present value of perpetuity= annual payment/interest rate The risk premium on long-term government bonds is equal to: 1) zero. 2) the rate of return on the long-term bonds minus the inflation rate. 3) the rate of return on the long-term bonds minus the T-bill rate. 4) 1 percent. 5) the rate of return on the long-term bonds plus the corporate bond rate.
The present value of a perpetuity that pays $5,000 per year with an interest rate of 3%, the present value of the perpetuity would be: $166,666.67
1. To calculate the present value of a perpetuity that pays $5,000 per year with an interest rate of 3%, we can use the formula: Present Value of Perpetuity = Annual Payment / Interest Rate. In this case, the annual payment is $5,000 and the interest rate is 3% (0.03 as a decimal). So, the present value of the perpetuity would be:
Present Value of Perpetuity = $5,000 / 0.03
Present Value of Perpetuity = $166,666.67
The present value of the perpetuity that pays $5,000 per year with a 3% interest rate is $166,666.67.
2. The risk premium on long-term government bonds can be defined as the additional return an investor would expect to receive for taking on the risk of investing in long-term bonds rather than short-term risk-free assets, such as Treasury bills. In this context, the correct answer is:
c) the rate of return on the long-term bonds minus the T-bill rate.
This is because the risk premium represents the difference between the return on long-term government bonds and the return on short-term risk-free assets like T-bills, which are generally considered to have a negligible risk.
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Complete question:
1. What's the present value of a perpetuity that pays $5000 per year if the appropriate interest rate is 3%? Present
value of perpetuity= annual payment/interest rate
2. The risk premium on long-term government bonds is equal to:
a) zero.
b) the rate of return on the long-term bonds minus the inflation rate.
c) the rate of return on the long-term bonds minus the T-bill rate.
d) 1 percent.
e) the rate of return on the long-term bonds plus the corporate bond rate.
if the expected sales volume for the current period is 6,500 units, the desired ending inventory is 273 units, and the beginning inventory is 302 units, the number of units set forth in the production budget, representing total production for the current period, is
The total production for the current period is 6,471 units.
To calculate the total production, we need to consider the desired ending inventory and subtract it from the total units required (expected sales volume + desired ending inventory). So, the calculation would be:
Total units required = expected sales volume + desired ending inventory
Total units required = 6,500 + 273
Total units required = 6,773
Then, we need to subtract the beginning inventory from the total units required to get the total production needed:
Total production = total units required - beginning inventory
Total production = 6,773 - 302
Total production = 6,471 units
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Discuss whether the sale of the apartments will generate ordinary income (4 marks). Heather runs a chain of florist shops. Over the years, she has purchased 8 premises for her business. Her main criterion in selecting each of the premises was where flower sales were most likely to be maximised, though she also liked to factor in the potential capital growth of each premises. During the current tax year, Heather decides to develop one of her florist premises as property in the area has lately become much more valuable. This involves getting council approval, and building a five- storey apartment block over the existing florist shop. The developed apartments are sold individually to the public. As Heather is a busy person, she contracts a builder to organise the building of the apartment block (and left most of the important construction decisions for them to make) and a real estate agent to organise all of the selling of the apartments.
The sale of the apartments will likely generate ordinary income for Heather. Here's a step-by-step explanation:
Heather's initial intent with the premises was to maximize flower sales as a florist, but she also considered the potential capital growth of each location.
When the property value in the area increased, Heather decided to capitalize on this opportunity by developing one of her florist premises into a five-storey apartment block. The development process involved obtaining council approval and contracting a builder to construct the apartment block. Heather delegated most of the construction decisions to the builder.Heather also hired a real estate agent to handle the sale of the individual apartments to the public.
Given these factors, the sale of the apartments will generate ordinary income because it is a business activity that Heather undertook to capitalize on the increasing property value. The development and sale of the apartments are separate from her florist business, but they still represent a commercial venture aimed at generating profit.
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annual interest compounded continuously. when will the investment triple? 55395 (round your answer to the nearest hundredth)
When it comes to annual interest compounded continuously, we can use the formula A = Pe^(rt), where A is the ending amount,
P is the principal amount, e is Euler's number (approximately equal to 2.71828), r is the annual interest rate as a decimal, and t is the time in years.
To determine when the investment will triple, we need to set up an equation with the information given. Let's assume the principal amount is P, and we want to find t when the ending amount A is triple P. Therefore, we have:
3P = Pe^(rt)
Dividing both sides by P, we get:
3 = e^(rt)
Taking the natural logarithm of both sides, we have:
ln 3 = rt ln e
Since ln e = 1, we can simplify to:
ln 3 = rt
Solving for t, we get:
t = ln 3 / r
Now, we can plug in the given interest rate to find the time it takes for the investment to triple:
t = ln 3 / 0.05
t = 13.86 years
Therefore, the investment will triple after approximately 13.86 years with an annual interest rate compounded continuously. If we round this to the nearest hundredth, we get the answer 55,395.
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builtrite's target capital structure is 50% common stock, 10% preferred stock and 40% debt. if the cost of common is 16%, the cost of preferred stock is 12% and the before tax cost of debt is 6% (the tax rate is 34%), what is builtrite's weighted average cost of capital?
The Builtrite's weighted average cost of capital is B. 10.78%.
To calculate Builtrite's weighted average cost of capital (WACC), we need to consider the proportion of each capital component and their respective costs, as well as the tax rate. The WACC formula is:
WACC = (E/V) * Re + (P/V) * Rp + (D/V) * Rd * (1 - Tc)
Where:
E = Market value of equity (common stock)
P = Market value of preferred stock
D = Market value of debt
V = Total value of the firm (E + P + D)
Re = Cost of common equity (16%)
Rp = Cost of preferred equity (12%)
Rd = Before-tax cost of debt (6%)
Tc = Tax rate (34%)
Given Builtrite's target capital structure, the proportion of each capital component is:
E/V = 50%
P/V = 10%
D/V = 40%
Now we can plug these values into the WACC formula:
WACC = (0.50 * 0.16) + (0.10 * 0.12) + (0.40 * 0.06) * (1 - 0.34)
WACC = (0.08) + (0.012) + (0.024) * (0.66)
WACC = 0.08 + 0.012 + 0.01584
WACC = 0.10784 or 10.78%
Therefore, Builtrite's weighted average cost of capital (WACC) is 10.78%, which corresponds to option B. This means that the firm's average cost of financing its operations is 10.78%, taking into account the different costs and proportions of its capital components, as well as the tax rate. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
builtrite's target capital structure is 50% common stock, 10% preferred stock and 40% debt. if the cost of common is 16%, the cost of preferred stock is 12% and the before tax cost of debt is 6% (the tax rate is 34%), what is builtrite's weighted average cost of capital?
A. 11.60%
B. 10.78%
C. 10.06%
D. 9.85%
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jc recently graduated from veterinary school and opened their own professional practice. this year, their net profit was $32,000. assume jc does not qualify for the qbi deduction.
Congratulations to JC on graduating from veterinary school and opening their own professional practice! It's exciting to hear that they have already achieved a net profit of $32,000 in their first year of operation.
However, it's important to note that without qualifying for the QBI deduction, JC may end up paying more in taxes than they would like.
The QBI (Qualified Business Income) deduction allows eligible businesses to deduct up to 20% of their qualified business income from their taxable income. This deduction is available to sole proprietors, partnerships, S corporations, and some trusts and estates. However, there are certain criteria that businesses must meet in order to qualify for this deduction, including the nature of the business and the owner's taxable income.
Since JC does not qualify for the QBI deduction, they will need to consider other tax strategies to reduce their tax liability. This may include maximizing deductions, taking advantage of tax credits, and working with a tax professional to ensure they are filing their taxes correctly. As JC's business grows, it may also be beneficial to explore ways to qualify for the QBI deduction in future years.
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