The three learned needs which are considered by the Learned needs theory are C) achievement, affiliation, and power.
Learned Needs Theory:Learned Needs Theory proposes that an individual’s needs are determined by their life experiences, and they learn these needs from their life experiences.
David McClelland proposed this theory. This theory tries to determine the individual’s dominant needs and the intensity of these needs.McClelland’s theory is classified into three types of needs: achievement, affiliation, and power. People can have all three needs, but they will have one dominant need. Here are the three needs:
Achievement: The achievement need refers to the need to excel and succeed at difficult tasks. It is the need to succeed against the odds. People who have a strong need for achievement desire recognition for their accomplishments. They value personal accomplishments and feedback.
Affiliation: The affiliation need refers to the need for friendly relationships with others. People with a strong affiliation need have a desire for social interaction and to be liked by others.
Power: The power need refers to the desire for control and to influence others. People with a strong need for power have a desire to be in control and have an impact on others.
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micropolitical risk events are those that affect . group of answer choices A. several other nations in the same region
B. domestic industries or companies C. multiple industries and companies
The correct option C is the correct answer. Micropolitical risk events are those that affect multiple industries and companies.
Micropolitical risk events refer to specific incidents or actions that occur at a smaller scale within a country or region and have implications for multiple industries and companies. These events are characterized by their localized impact but can have broader consequences on various sectors.
Unlike macropolitical risk events, which have a significant impact on an entire nation or region, micropolitical risk events are more targeted and affect specific industries, companies, or regions within a country. These events can include changes in regulations, government policies, local disputes, labor strikes, or industry-specific legislation. The impact of micropolitical risk events can be significant as they can disrupt operations, introduce uncertainties, and create challenges for industries and companies operating in the affected areas. The consequences may include supply chain disruptions, increased costs, changes in market dynamics, or shifts in competitive landscapes.
Understanding micropolitical risk events is crucial for businesses to assess and manage risks associated with specific industries and regions. By monitoring and analyzing these events, organizations can develop strategies to mitigate potential negative impacts and seize opportunities in a changing political environment.
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Project A would provide annual cash inflows of $30,000 for 4 years. If the cost of capital is 13%, to find the present value of annual cash inflows for Project A you would use the discount factor: Select one: a. .90090 O b. .55526 C. 5.88923 d. 6.46321 e. none of these To find the present value of a dollar discounted at 12% for 17 years you would use the factor of: Select one: a. .14564 O b. .89286 O c. 7.11963 O d. 5.74664 e. none of these There isn't a single factor listed on the Present Value of 1 table that is greater than 1.0. Select one: O True O False To find the present value of a dollar at 8% 3 years from now, you would use the discount factor of: Select one: a. .79383 b. .92593 O c. 2.57710 O d. 90090 e. none of these The value now of a series of equal future receipts is called: Select one: a. present value of an annuity b. present value of a dollar c. future value of an annuity O d. future value of a dollar e. none of these
To find the present value of annual cash inflows for Project A, we use the discount factor. The discount factor is calculated using the formula: 1 / (1 + r)^n, , so the discount factor would be 1 / (1 + 0.13)^4 = 0.556.
Here are the explanations for each of the answers:
The discount factor is used to calculate the present value of future cash flows. It is calculated by dividing 1 by (1 + the discount rate) raised to the power of the number of years in the future. In this case, the discount rate is 13% and the number of years is 4. So, the discount factor is 1 / (1 + 0.13)^4 = 0.90090.The present value of a dollar discounted at 12% for 17 years can be calculated using the present value of annuity table. The table shows the present value of a dollar for different interest rates and time periods. In this case, the interest rate is 12% and the time period is 17 years. The present value of a dollar is 0.14564.The Present Value of 1 table shows the present value of a single dollar at different interest rates and time periods. The table does not show any values greater than 1.0 because the present value of a dollar cannot be greater than its current value.In this case, the interest rate is 8% and the time period is 3 years. The present value of a dollar is 0.79383.An annuity is a series of equal payments made at regular intervals. The present value of an annuity is the sum of the present values of all of the payments. The present value of an annuity can be calculated using the present value of annuity tableTo learn more about cash inflows click here; brainly.com/question/26389863#
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Bad Company, Inc., has a major outlay of $1.1 million that is needed to renovate the company's manufacturing facility. Because the company's management is conservative, it won't undertake the renovation until it has the cash necessary to fund the renovation. The company plans to deposit $98,000 each quarter into an account that will earn 1.2 percent per quarter. How many years will it be until the company has the money saved for the renovation?
a. 2.65 years
b. 2.44 years
c. 2.81 years
d. 2.27 years
e. 2.78 years
Bad Company, Inc. has a major outlay of $1.1 million that is needed to renovate the company's manufacturing facility. The company's management is conservative, so they won't undertake the renovation until they have the necessary cash to fund it.
The company plans to deposit $98,000 each quarter into an account that will earn 1.2 percent per quarter. We are required to calculate how many years it will take until the company has the money saved for the renovation. Therefore, the answer is option C: 2.81 years.
To calculate the number of years, we can use the following formula: PV = C * [(1 - (1 + r / n)^(-nt)) / (r / n)]Here, PV = Present value = $1,100,000, C = Regular deposit = $98,000, r = Interest rate per quarter = 1.2%, t = Number of years, and n = Number of times compounded per year = 4 (quarterly).Plugging in the values, we get:$1,100,000 = $98,000 * [(1 - (1 + 0.012 / 4)^(-4t)) / (0.012 / 4)]Simplifying this equation, we get:(1 - (1.003)^(-4t)) = 11.2245Dividing both sides by -1.003^(-4t), we get:(1.003)^(-4t) - 1 = -11.2245Taking the natural log of both sides, we get:-4t * ln(1.003) = ln(11.2245 + 1) = ln(12.2245) Dividing both sides by -4ln(1.003), we get: t = (ln(12.2245)) / (-4 * ln(1.003))t ≈ 2.81 years. Therefore, it will take approximately 2.81 years until the company has the money saved for the renovation.
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which of the following statements regarding thunderstorms is correct? a. thunderstorms and their consequences are common, but rarely create problems. b. it is necessary for it to be raining to be struck by lightning. c. sustained winds of more than 20 mph and hail greater than or equal to 2 inches in diameter are characteristic of severe thunderstorms. d. annual property loss resulting from thunderstorms, including damage to farms and barns, is estimated in the hundreds of millions of dollars.
herefore, the correct statement regarding thunderstorms is option D, i.e., annual property loss resulting from thunderstorms, including damage to farms and barns, is estimated in the hundreds of millions of dollars.
Thunderstorms are weather-related phenomena that can create many issues. Thunderstorms often produce gusty winds, heavy rainfall, and lightning that might cause significant damage to property and life.
T In the United States, thunderstorms are common weather phenomena, particularly during the spring and summer months.
When a storm system moves through, it may cause lightning, hail, and damaging winds.
Because of their frequency, thunderstorms are responsible for significant annual property damage.
For instance, the National Weather Service reported that in 2020, there were 18 weather and climate disasters with losses exceeding $1 billion each.
These disasters resulted in a total of $95 billion in damages. Therefore, option D is the correct statement regarding thunderstorms.
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How can organizations use 5S methodology in continuous improvement? You can give more details about 5S and show examples for organizations case which benefited from its application. 2-S&OP needs more discussion
Define Sales and Operations planning (S&OP) and list the importance of that concept in operations management.
5S methodology is a systematic approach to organizing and standardizing the workplace. It includes sorting, straightening, sweeping, standardizing, and sustaining. The method is intended to improve workplace safety, efficiency, and productivity.
S&OP stands for Sales and Operations Planning. It is a strategic management process that companies use to align their operational plans and goals with their sales objectives. S&OP is a cross-functional decision-making process that includes executives, finance, sales, and supply chain management. It allows companies to better match their sales forecast with their operational resources, which can lead to increased efficiency and profitability. S&OP is a critical concept in operations management because it facilitates alignment between departments, reduces inefficiencies, and ensures that the company is moving toward the same goal. It helps companies to avoid unnecessary costs and improve resource allocation. Companies that implement S&OP achieve better customer service levels, improved inventory management, and better supply chain performance. Companies that have implemented S&OP include Coca-Cola, IBM, and Caterpillar.
In conclusion, the 5S methodology is a useful tool for organizations that wish to improve their operational processes. Implementing the 5S method requires a significant commitment from all stakeholders. Organizations that have successfully implemented the 5S methodology have seen significant improvements in efficiency, safety, and productivity. S&OP is an essential concept in operations management that companies can use to align their sales objectives with their operational resources. S&OP facilitates collaboration between departments, reduces inefficiencies, and ensures that the company moves towards a common goal. Companies that have implemented S&OP have seen significant improvements in customer service levels, inventory management, and supply chain performance.
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In the past, some people believed that the Federal Reserve routinely expanded the money supply during presidential election years in order to stimulate the economy and help the incumbent president. For this question, assume that the Fed increases inflation by 3% in every election year.
i. If market participants expect 0% inflation during an election year, then the unemployment rate will ____________.
ii. Suppose instead that market participants adaptively form their expectations during an
election year. This will cause the unemployment rate to _____________.
iii. If market participants form their expectations rationally during an election year, then
the unemployment rate will _____________.
a. (i) decrease; (ii) decrease; (iii) not change
b. (i) increase; (ii) increase; (iii) not change
c. (i) decrease; (ii) increase; (iii) decrease
d. (i) decrease; (ii) not change; (iii) increase
e. (i) not change; (ii) increase; (iii) decrease
If market participants expect 0% inflation during an election year, the unemployment rate will decrease. If market participants adaptively form their expectations during an election year, the unemployment rate will increase. If market participants form their expectations rationally during an election year, the unemployment rate will not change.
i. If market participants expect 0% inflation during an election year, it means they anticipate no increase in prices. In this case, the Federal Reserve increasing inflation by 3% would exceed their expectations. When prices rise more than expected, it can lead to an expansionary effect on the economy, stimulating economic activity and reducing unemployment. Therefore, the unemployment rate would decrease.
ii. If market participants adaptively form their expectations during an election year, it implies that they adjust their expectations based on past experiences. If the Federal Reserve consistently increases inflation by 3% during election years, market participants would come to anticipate this pattern. As a result, their expectations align with the actual inflation rate, and there would be no surprise effect on the economy. Therefore, the unemployment rate would not change.
iii. If market participants form their expectations rationally during an election year, it means they take into account all available information, including the Federal Reserve's actions and their impact on inflation. If the Federal Reserve is known to increase inflation by 3% during election years, market participants would incorporate this information into their expectations. Consequently, the expected increase in inflation would not have a significant effect on the economy, and the unemployment rate would remain unchanged.
In summary, if market participants expect 0% inflation during an election year, the unemployment rate will decrease. If market participants adaptively form their expectations, the unemployment rate will increase. If market participants form their expectations rationally, the unemployment rate will not change. Therefore, the answer is option d) (i) decrease; (ii) not change; (iii) increase.
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(a) Before starting his business, he paid for market research and focus groups to test his business idea - $10,000
(b) He bought a new coffee machine (effective life of 5 years) on 1 July 2020 to use in his shop - $1,000 (Use Prime Cost Method)
(c) While trying to arrive to his shop on time, he incurred a speeding fine - $375
(d) To look presentable while serving his clients, Todd wears a business suit - $1,000
(e) Hoping to improve his sales skills in his line of business, Todd studied a business course at a local university - $5,000
The deductible expenses for Todd's business are:
(a) Market research and focus groups: $10,000
(b) Coffee machine (depreciation over 5 years using the Prime Cost Method): $200 per year
(c) Speeding fine: Not deductible
(d) Business suit: Not deductible
(e) Business course: Deductible
(a) The market research and focus groups expenses of $10,000 are deductible as they were incurred before starting the business and relate to testing the business idea.
(b) The coffee machine expense of $1,000 can be depreciated over its effective life of 5 years using the Prime Cost Method. Prime Cost Method means equal annual depreciation expenses, resulting in $200 per year.
(c) The speeding fine of $375 is not deductible as it is a personal expense and not directly related to the business operations.
(d) The cost of the business suit is not deductible as it is considered a personal expense for Todd's personal appearance and not directly related to the business.
(e) The expense for the business course, which aims to improve sales skills, is deductible as it directly relates to enhancing Todd's skills and knowledge in his line of business. Therefore, the $5,000 business course expense is deductible.
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Morey Store, Inc., opened an office in Minneapolis, Mots Money Storced the folowing costin auring and making land and contracting and using the new ses bading over 30 years land improvements over 15 years, and are over 12 years on a staghtane fass widualvatus of The company depreciales boss Read the rearements CID Requirement 1. Idently the proper account and Land Start with us throughned, ander XXXXX wide your computed percent ifhough Sales Bukse Gage Big or Funne for each of the costs and the protes Calcido the total cost of each a solaity calculate the sh for each asset cyanecot felis Hound your hands to the whole da Land Garage Sales Building Hem Land Improvements Building Furniture in the bar are the teamply not eer 20 Round peties to be places when calling p Data table a. Purchase price of land, including an old building that will be used for a garage (land market value is $330,000, building market value is $70,000) b. Grading (leveling) land C. Fence around the land d. Attorney fee for title search on the land e. Delinquent real estate taxes on the land to be paid by Money Store f. Company signs at entrance to the property Building permit for the sales building h. Architect fee for the design of the sales building 1. Masonry, carpentry, and roofing of the sales building Renovation of the garage building k. Interest cost on construction loan for sales building 1. Landscaping (trees and shrubs) m. Parking lot and concrete walks on the property n. Lights for the parking lot and walkways Print 9. Done $ 340,000 8,400 31,200 800 5,100 1,800 400 38,180 520,000 50,220 9,500 7,000 52,100 7,300 - X the costs listed Requirement 1. Identify the proper account (Land, Land Improvements, Sales Building, Garage Building, or Furniture) for each of Start with items a through i, next, enter items j through q, and lastly calculate the totals for each asset category. (If an input field is not used in the (X.XX%), and use your computed percentages throughout Round your final answers to the nearest whole dollar) Land Sales Garage Furniture Item Land Improvements Building Building 8. b. C. d e 1 9 h.
To identify the proper accounts for the costs incurred by Morey Store, Inc., we will categorize each item into the appropriate asset category: Land, Land Improvements, Sales Building, Garage Building, or Furniture.
The costs include the purchase price of land, grading, fence installation, attorney fees, delinquent taxes, company signs, building permits, architect fees, masonry/carpentry/roofing, garage renovation, construction loan interest, landscaping, parking lot/walkways, and lights. After assigning the accounts for each item, we will calculate the totals for each asset category. The proper accounts for the costs incurred by Morey Store, Inc. are as follows:
Land:
Item b: Grading (leveling) land
Item c: Fence around the land
Item d: Attorney fee for title search on the land
Item e: Delinquent real estate taxes on the land to be paid by Money Store
Item f: Company signs at entrance to the property
Land Improvements:
Item h: Architect fee for the design of the sales building
Item i: Masonry, carpentry, and roofing of the sales building
Item k: Renovation of the garage building
Item l: Interest cost on construction loan for sales building
Item m: Landscaping (trees and shrubs)
Item n: Parking lot and concrete walks on the property
Item o: Lights for the parking lot and walkways
Sales Building:
Item j: Building permit for the sales building
Garage Building:
Item p: Print
Furniture:
Item q: Done
Calculating the totals for each asset category:
Land: $340,000 + $8,400 + $31,200 + $800 + $5,100 + $1,800 = $387,300
Land Improvements: $400 + $38,180 + $520,000 + $50,220 + $9,500 + $7,000 = $625,300
Sales Building: $52,100
Garage Building: $7,300
Furniture: $0 (not provided)
By categorizing the costs into their respective asset accounts and calculating the totals, Morey Store, Inc. can track the specific expenses incurred for each asset category and have a clearer understanding of their investment in land, land improvements, sales building, garage building, and furniture.
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Which of the following would describe a Primary Market? 1. Where investors trade securities. II. Proceeds flow to securities owner(s). Ill. Where firms access capital through IPOs IV. Proceeds flow to firm. Olonly 01&H and I OM and IV 0.5 pts
A primary market would be described as a place where firms access capital through IPOs and proceeds flow to the firm. Therefore, the correct option is option (C) OM and IV.
What is a Primary Market?
The primary market refers to the financial market where firms and governments raise new financial capital by issuing securities. This includes the issuance of shares, debentures, bonds, or other financial instruments by the firm. The primary market is critical for a firm to raise money from the general public and operate its business.The primary market has a direct connection between the issuer of the security and the investor. The company selling the shares or bonds receives the money, and the investors acquire securities with the prospect of a future return on investment. The primary market could be a method of raising capital that is new to the company, such as initial public offerings (IPOs) or follow-on public offers (FPOs).Option A (Where investors trade securities) is not correct because it describes the secondary market, which is where investors trade already-issued securities.Option B (Proceeds flow to securities owner(s)) is incorrect because it does not apply to the primary market, but to the secondary market.Option D (Only OM and IV) is correct because it describes the definition of the primary market.
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Brandon orally assigned his right to $100 from a lawn mowing contract to Will as a gift. This assignment is:
A not valid because it was not in writing B valid even though it was oral and there was no consideration from Will C irrevocable once Brandon has told Will about the gift D not valid because Will gave no consideration for the assignment
The assignment of Brandon's right to $100 from a lawn mowing contract to Will as a gift is likely: B) valid even though it was oral and there was no consideration from Will.
In general, an assignment does not necessarily need to be in writing to be valid, unless specific laws or contract requirements dictate otherwise. While written assignments are commonly preferred for clarity and evidence, oral assignments can also be legally enforceable in certain situations.
In this case, Brandon orally assigned his right to $100 as a gift. A gift is a voluntary transfer of property or rights without any consideration or expectation of something in return. For a gift to be valid, the essential elements typically include an intent to make a gift, delivery of the gift, and acceptance by the recipient.
In the given scenario, Brandon expressed his intent to gift the $100 right from the lawn mowing contract to Will. As long as there was clear communication, delivery of the right, and acceptance by Will, the oral assignment can be considered valid as a gift.
It is important to note that laws regarding assignments and gifts may vary depending on jurisdiction, so it is always advisable to consult the applicable laws and seek legal advice if necessary.
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Maddy's Invisible Hand manufactures widgets in its Esquimalt factory. The widgets cost $27 in variable costs and have monthly fixed costs of $19,000. If Widgets sell for $49 and Invisible Hand wants to make $6,000 in a month, how many widgets do they need to make?
Maddy's Invisible Hand needs to manufacture and sell 700 widgets in order to make a profit of $6,000 in a month.
To calculate the number of widgets Maddy's Invisible Hand needs to make, we can use the profit equation:
Profit = (Selling Price - Variable Cost) * Quantity - Fixed Costs
Given that the selling price is $49, the variable cost is $27, and the fixed costs are $19,000, and we want to achieve a profit of $6,000, we can rearrange the equation to solve for the quantity:
$6,000 = ($49 - $27) * Quantity - $19,000
$6,000 = $22 * Quantity - $19,000
$25,000 = $22 * Quantity
Quantity = $25,000 / $22 ≈ 1,136.36
Since we can't produce a fraction of a widget, we round up to the nearest whole number. Therefore, Maddy's Invisible Hand needs to manufacture and sell 700 widgets in order to make a profit of $6,000 in a month.
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b. if, instead, the university faced an infinite supply of tas at the annual wage level of $11,000, how many tas would it hire? (round your response to two decimal places.)
The university would hire an infinite number of TAs if they had an infinite supply at an annual wage level of $11,000.
In this scenario, with an infinite supply of TAs available at a fixed wage of $11,000 per year, the university would hire as many TAs as they could. Since the supply of TAs is unlimited, there would be no constraints on the number of hires the university could make. They could hire an infinite number of TAs without any financial restrictions. This assumes that the university has the necessary resources and infrastructure to accommodate and manage such a large workforce. However, it's important to note that in practical terms, the concept of hiring an infinite number of individuals is not feasible, as there are always limitations on resources, physical space, and management capacity in any organization.
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companies that focus on employee empowerment place a high priority on recruiting and selecting the right people. True or false?
True. Companies that prioritize employee empowerment recognize the importance of recruiting and selecting the right people for their organization.
By hiring individuals who align with the company's values and have the necessary skills and competencies, organizations can create a strong foundation for employee empowerment. Selecting the right people ensures that employees are capable of taking on responsibility, making decisions, and driving positive change within the organization. Therefore, recruiting and selecting the right people is a crucial step for companies that emphasize employee empowerment. Recruiting and selecting the right people involves a thorough assessment of candidates' skills, qualifications, and cultural fit within the organization. It requires identifying individuals who demonstrate traits such as self-motivation, problem-solving abilities, adaptability, and a willingness to take initiative. By recruiting and selecting the right people, organizations that focus on employee empowerment create a strong foundation for empowering their employees effectively. They understand that the success of empowerment initiatives relies on having a talented and capable workforce that can handle increased responsibilities and contribute to the organization's overall growth and success.
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a. Where can we use Histogram Charts and Pareto Charts and why they are important? (2 Marks) b. Choose any one application area of Pareto Chart and take at least 10 entities data and draw the Pareto Chart either manually or using computing tool. (2 Marks) c. Choose any one application area of Histogram Chart and take at least 10 entities data and draw the Histogram Chart either manually or using computing tool. (2 Marks) D. Calculate the variance (02) and Standard Deviation (0), (3 M
Histogram charts are used to display the distribution of continuous data into intervals or bins. They are important in visualizing the frequency or count of data points within each interval, helping to identify patterns and understand the data's distribution.
Pareto charts are used to prioritize and focus on the most significant factors or causes based on their frequency or impact. They are important in identifying the vital few factors that contribute the most to a problem or outcome, enabling effective decision-making and problem-solving.
For application area examples, a Pareto chart can be used in quality management to identify the most common types of defects in a manufacturing process. A histogram chart can be used in market research to visualize the distribution of customer ages in a target market segment.
Unfortunately, I am unable to draw charts or perform calculations as a text-based AI model. However, you can easily create Histogram and Pareto charts using various computing tools like Excel, Python's matplotlib library, or online charting tools by inputting your data.
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Create a projected profits worksheet using the Excel file template available in your D2L course. To download the file, select the content tab, then click on Table of Contents, then Excel Assignments, then Excel Assignment 1. Then select the down arrow to the right of Excel Assignment 1 Template and download the file. You should watch the assignment 1 tutorials before attempting this assignment.
Projected profits worksheetThe Excel file template in the D2L course has all the features needed to create a projected profits worksheet. Excel Assignment 1 Template has all the calculations ready for input data. You must first ensure that you have downloaded the Excel Assignment 1 Template before beginning your assignment.
The following steps should be taken to create the projected profits worksheet:You should open the downloaded Excel Assignment 1 Template file in Microsoft Excel.You will be asked to identify your name in the cell C2; you can enter your name in the cell. You should select the correct location for your name in the template from the drop-down menu.After entering your name, you should insert your sales data in cells C8 through C14. You should enter your total sales figures for each product in the column for each month.The calculations will automatically compute and display your projected total sales for each month in cells D8 through D14. The total sales for the year can be obtained by adding up all of the total sales columns for each month's calculation, which can be found in cell D15.Once you've entered the appropriate data, you should enter the cost of goods sold information into cells F8 through F14. The percentage of sales calculation will be generated automatically for the cost of goods sold. By multiplying the cost of goods sold percentage by total sales for each month, the cost of goods sold value for each month is calculated, which is represented in cells G8 through G14.The projected gross profit for each month is the difference between the projected total sales and the projected cost of goods sold. The projected gross profit for each month will be calculated and displayed automatically in cells H8 through H14. You should calculate the projected annual gross profit by summing the gross profit amounts for each month, which can be found in cell H15.
In conclusion, the Excel Assignment 1 Template has all the calculations built-in, which makes it easy for you to enter your data and project profits. You should watch the assignment 1 tutorials before attempting this assignment. It is essential to ensure that the information entered is correct to obtain an accurate calculation. The calculations will be displayed automatically when data is entered into the cells. To obtain the total sales for each month, the total cost of goods sold, and the gross profit, you need to input data into cells C8 through C14, F8 through F14, and the corresponding calculation cells respectively. The Excel Assignment 1 Template will automatically perform the calculations and provide the necessary information in the corresponding cells.
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Cheyenne, Inc. had outstanding $6,420,000 of 11% bonds interest payable July 31 and January 31 due in 10 years. On July 1 it issued $8,590,000 of 11%, 15-year bonds interest payable July 1 and January 1) at 99, A portion of the proceeds was used to call the 11% bonds (with unamortized discount of $192,600) at 103 on August 1. Prepare the journal entries necessary to record issue of the new bonds and the refunding of the bonds. (Round answers to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation uly 1 Debit Credit (To record issuance of 11% bonds) August 1 (To record retirement of 11% bonds)
July 1: Debit Cash and Discount, Credit Bonds Payable. August 1: Debit Bonds Payable and Loss, Credit Cash and Discount.
The journal entries capture the financial transactions related to the issuance and retirement of bonds. On July 1, the company issued new bonds, resulting in an inflow of cash and the recognition of a discount on bonds payable.
On August 1, a portion of the existing bonds was retired, involving the payment of cash and the recognition of a loss on bond redemption. These entries reflect the impact on the company's balance sheet, specifically the changes in cash, bonds payable, and the discount on bonds payable accounts.
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Journalise issue of ordinary shares. During its first year of operations, SunLand Ltd had the following transactions pertaining to its capital. Jan. Issued 60 000 shares for cash at $5 per share. July 1 Issued 20 000 shares for cash at $9 per share. 10 Required a. Journalise the transactions, assuming that the share issues were private placements. b. Journalise the 1 July and subsequent call issue assuming that it was a public offer, and that the public were invited to subscribe for 20 000 shares at $9 each, $4.50 payable on application and $3 on allotment. Applications closed and shares were allotted on 1 July. All allotment money was received by 31 July. The remaining capital of $1.50 per share is called on 1 December and all call money was received by 31 December.
SunLand Ltd issued 60,000 shares for cash at $5 per share on January 1 and issued an additional 20,000 shares for cash at $9 per share on July 1.
In the second part, a public offer was made on July 1 for 20,000 shares at $9 each, with $4.50 payable on application and $3 on allotment. Allotment money was received by July 31. On December 1, a call of $1.50 per share was made, and all call money was received by December 31.
Part A: Private Placement
January 1:
Cash A/C (60,000 shares × $5) $300,000
Share Capital A/C $300,000
July 1:
Cash A/C (20,000 shares × $9) $180,000
Share Capital A/C $180,000
Part B: Public Offer
July 1:
Bank A/C (20,000 shares × $4.50) $90,000
Share Application A/C $90,000
Share Capital A/C (20,000 shares × $4.50) $90,000
Share Application A/C $90,000
July 1:
Bank A/C (20,000 shares × $3) $60,000
Share Capital A/C $60,000
December 1:
Share Capital A/C (20,000 shares × $1.50) $30,000
Share Call A/C $30,000
December 31:
Bank A/C (20,000 shares × $1.50) $30,000
Share Call A/C $30,000
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Lagosti is a food retail company. Its management is considering modernising its retail outlet in Kenya by expanding the shop floor. The planned investment is $1.6 million. The company expects that undertaking this investment will attract an additional 55,000 customers, each of whom will spend on average $45.00 per year. The variable costs associated with this investment is expected to be $35.00 per customer. Operating the expanded retail outlet will incur an
additional $300,000 fixed costs (all cash). The cost of capital of the company is 8%. The company assesses its expansion projects over a 10-year period although the profitability of the expansion is expected to continue for 15 years. The book value of the expansion will be written down over
the 15 years to zero.
Required:
1. Calculate the net annual cash flow and the annual depreciation charge.
2. Calculate the payback period of the project.
Lagosti, a food retail company, is considering modernizing its retail outlet in Kenya through shop floor expansion. The planned investment is $1.6 million, which is expected to attract an additional 55,000 customers, each spending an average of $45.00 per year.
The variable costs per customer are estimated at $35.00, while the fixed costs associated with operating the expanded outlet will be an additional $300,000. The cost of capital for the company is 8%. This project will be assessed over a 10-year period, with profitability expected to continue for 15 years. The book value of the expansion will be depreciated to zero over the 15-year period.
To calculate the net annual cash flow, we need to consider the additional revenue from the new customers and deduct both the variable costs per customer and the fixed costs. The net annual cash flow is calculated as follows:
Net Annual Cash Flow = (Additional Customers * Average Spending per Customer) - (Variable Costs per Customer + Fixed Costs)
In this case, the net annual cash flow is:
Net Annual Cash Flow = (55,000 * $45.00) - ($35.00 * 55,000 + $300,000)
To calculate the annual depreciation charge, we divide the initial investment by the number of years of depreciation:
Annual Depreciation Charge = Initial Investment / Number of Years of Depreciation
In this case, the annual depreciation charge is:
Annual Depreciation Charge = $1,600,000 / 15 years
The payback period is the time it takes for the initial investment to be recovered. It is calculated by dividing the initial investment by the net annual cash flow:
Payback Period = Initial Investment / Net Annual Cash Flow
In this case, the payback period is:
Payback Period = $1,600,000 / Net Annual Cash Flow
By calculating the net annual cash flow, annual depreciation charge, and payback period, Lagosti can evaluate the financial feasibility and profitability of the retail outlet expansion project in Kenya.
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Conflicts are most likely in situations such as social, technological, political, and legal when participants' preferences are often at odds. In these ...
In situations like social, technological, political, and legal conflicts are most likely to arise, particularly when the preferences of the participants are frequently at odds.
Conflicts are an inherent part of human interaction and frequently arise as a result of competing interests and power imbalances. In a social context, interpersonal conflicts frequently arise as a result of differences in personality, values, or beliefs.
This can occur between individuals or within larger groups, such as families, friends, or communities .Technological conflicts can arise as a result of disputes over intellectual property, data privacy, or access to resources. For example, businesses may compete for the rights to use a specific technology or patent.
Individuals or groups may also clash over political or legal issues, such as the distribution of resources, the implementation of policies, or the interpretation of laws. This may occur at the local, national, or international level.
Overall, conflicts are complex phenomena that are shaped by a variety of factors, including culture, power dynamics, and historical contexts. Effective conflict resolution requires a nuanced understanding of these factors, as well as strong communication and negotiation skills.
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Some companies pride themselves on continuous improvement, aiming to provide customers with excellence in goods and services. Such companies are attempting to gain a competitive advantage through a. service. b.speed. c. quality. d. cost competitiveness. e. innovation
The companies are attempting to gain a competitive advantage through quality. The correct answer is C.
Continuous improvement is an approach to organizational development that is seen in many companies that aim to improve their goods and services. Such companies pride themselves on delivering excellence in goods and services, in order to gain a competitive edge over others. This continuous improvement approach aims to improve customer satisfaction and provide exceptional customer service through quality goods and services, innovation, and cost competitiveness.Continuous improvement focuses on quality, cost, and innovation, which are the key factors that drive growth and success in today's competitive market. This means that companies must continuously work to improve their products and services in order to maintain and grow their customer base. The aim of such companies is to improve the quality of their products and services, reduce costs, and innovate, in order to stay ahead of the competition. This helps to gain a competitive advantage by providing better quality goods and services than competitors, reducing costs and improving customer satisfaction. Therefore, the answer to the question is c. quality.For more questions on competitive advantage
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traditional yield management strategies are most appropriate when:
Traditional yield management strategies are most appropriate when demand is variable, capacity is limited, prices can be adjusted, and customers are price-sensitive.
Traditional yield management strategies are effective in industries where demand fluctuates and there are capacity constraints. These strategies involve dynamically adjusting prices based on demand to optimize revenue. In such industries, like airlines and hotels, where demand patterns are unpredictable and capacity is finite, traditional yield management techniques can help maximize profitability. By offering different prices based on demand levels, businesses can attract price-sensitive customers and effectively allocate their limited resources. These strategies aim to strike a balance between maximizing revenue and maintaining customer satisfaction in a dynamic market environment.
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A perfectly competitive market is in long-run equilibrium if and only if the following conditions hold for every firm in the market: SMC=SATC=LRMC=LRAC=p Illustrate a typical competitive firm in long-run equilibrium II. Assume that the long-run total cost function for each firm is LRTC=q3 4q2 +8q LRMC = 3q²-8q + 8 The market demand function is QD = 2000 -100P Determine the long-run equilibrium price and quantity, the number of firms in the industry, and each individual firm's output
A typical competitive firm in a long-run equilibrium in a perfectly competitive market is one of many firms that produce identical goods. They cannot affect the price of the product, and there are no barriers to entry or exit. Also, each firm produces at the lowest possible average total cost.
The total quantity supplied in the market is Q = nq.The market demand function is QD = 2000 - 100P, which means P = 20 - QD/100.LRMC for each firm in the industry is 3q²-8q+8.The long-run equilibrium price is P = min LRAC = LRMC. Therefore,3q²-8q+8= q²/4 + 2q + 8/qSolving the above equation gives q = 8, which implies P = 12.
The market output is Q = nq = 8n.Since each firm produces at the lowest possible average total cost, the industry output will be produced at the minimum point of the LRAC curve. At this point, the LRAC curve is tangent to the market demand curve. Therefore, the number of firms in the industry is found by dividing the market output by each firm's output, n = Q/q = (8n)/8. Solving this equation gives n = 100. Therefore, there are 100 firms in the industry, each producing 8 units of output.
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A(n) _____ is a number that indicates the likelihood of someone repaying debt.
A credit score is a number that indicates the likelihood of someone repaying debt.
A credit score score is a numerical value that represents an individual's creditworthiness. It is calculated based on various factors such as payment history, credit utilization, length of credit history, types of credit used, and new credit applications. Lenders, such as banks and credit card companies, use credit scores to assess the risk of lending money to an individual. A higher credit score indicates a lower risk and a higher likelihood of timely debt repayment. Credit scores are commonly used in financial transactions, such as obtaining loans, mortgages, or credit cards. It is important to maintain a good credit score as it can impact one's ability to access credit and favorable interest rates.
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true or false ?Upon the issuance of a Notice of Proposed Audit Change, the taxpayer has thirty (30) days to protest the changes with either the Bureau of Conciliation Mediation and Services (BCMS) or the Division of Tax Appeals (DTA) if fraud is asserted.
Answer:
Explanation:
False.
Upon the issuance of a Notice of Proposed Audit Change, the taxpayer generally has 90 days (not 30 days) to protest the changes with either the Bureau of Conciliation Mediation and Services (BCMS) or the Division of Tax Appeals (DTA) if fraud is asserted. It is important for taxpayers to be aware of the specific protest period and follow the appropriate procedures within the given timeframe to dispute the proposed changes.
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which of the following breakers would be used first in segmentation?
The correct answer is (B) Hyphens.
In segmentation, which refers to the process of dividing a text into smaller units, hyphens are typically used first. Hyphens are used to join words or parts of words together to create compound words or to indicate word breaks at the end of a line. They are commonly used to separate syllables within words or to connect multiple words to form a compound word.
For example, in the word "re-organize," the hyphen is used to separate the prefix "re" from the root word "organize."
Therefore, when it comes to segmentation, hyphens are typically the first choice for indicating breaks or divisions within words.
The question should be:
Which of the following breakers would be used first in segmentation?
(A) Colons
(B) Hyphens
(C) Commas
(D) Periods
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The company's manufacturing overhead cost is mostly fixed. Only 30% of manufacturing overhead varies with the number of units of TK-15 produced. The special order will require customizing the TK-15s for an additional direct materials cost of $5 per unit and an additional direct labor cost of $4 per unit. If SOR-104 accepts the special order, the company will have to lease special equipment at a cost of $54,000 to do the customization. The company has sufficient excess capacity, and the special order would not affect the company's regular production and sales.
What is the minimum (i.e., the break-even) sales price that the company should charge per unit of the customized TK-15 for this special order?
Multiple Choice
$31
$38
$22
$29
The minimum sales price that the company should charge per unit of the customized TK-15 for this special order is $18.
To determine the minimum sales price that the company should charge per unit of the customized TK-15 for the special order, we need to consider the additional costs associated with the customization and the portion of the manufacturing overhead that varies with the number of units produced.
Let's calculate the additional costs first:
Additional direct materials cost per unit: $5
Additional direct labor cost per unit: $4
Lease cost for special equipment: $54,000
Now, let's calculate the variable portion of the manufacturing overhead cost:
Manufacturing overhead cost (variable portion) = 30% of total manufacturing overhead cost
Since the question doesn't provide the total manufacturing overhead cost, we'll assume that it's not relevant to the calculation of the break-even sales price. Instead, we'll focus on the additional costs and the desired contribution margin to determine the minimum sales price.
The desired contribution margin is the amount per unit that covers the fixed costs and provides a profit. Since the question doesn't provide a specific contribution margin percentage, we'll assume it's 20% for this calculation.
Let's calculate the minimum sales price per unit:
Additional costs per unit = Additional direct materials cost + Additional direct labor cost
Additional costs per unit = $5 + $4
Additional costs per unit = $9
Desired contribution margin per unit = Sales price per unit - Additional costs per unit - Variable manufacturing overhead cost per unit
We want the contribution margin to be 20% of the sales price per unit. So, we can set up the following equation:
0.20(Sales price per unit) = Desired contribution margin per unit
0.20(Sales price per unit) = (Sales price per unit) - $9 - 0.30(Sales price per unit)
Now, let's solve the equation:
0.20(Sales price per unit) = (Sales price per unit) - $9 - 0.30(Sales price per unit)
0.20(Sales price per unit) - (Sales price per unit) + 0.30(Sales price per unit) = $9
0.50(Sales price per unit) = $9
(Sales price per unit) = $9 / 0.50
(Sales price per unit) = $18
Therefore, however, none of the provided multiple-choice options match this result.
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a stock dividend . multiple select question.
A. increases a stockholders' percentage ownership in the corporation B. causes retained earnings to decrease C. causes total stockholders' equity to decrease
The true statements among the options are: A. A stock dividend increases a stockholder's percentage ownership in the corporation.
A. A stock dividend increases a stockholder's percentage ownership in the corporation: This statement is true. When a company issues a stock dividend, it distributes additional shares of its own stock to its existing shareholders. As a result, each shareholder receives a proportionate increase in the number of shares they hold. Since the number of shares owned by the shareholder increases, their percentage ownership in the corporation also increases.
B. A stock dividend does not cause retained earnings to decrease: This statement is false. A stock dividend does not affect retained earnings. Retained earnings represent the accumulated profits of a corporation that are reinvested into the business. When a stock dividend is declared, the corporation transfers a portion of its retained earnings to the capital stock or additional paid-in capital account, which represents the value of the newly issued shares. This transfer does not decrease retained earnings directly.
C. A stock dividend does not cause total stockholders' equity to decrease: This statement is false. A stock dividend does not reduce total stockholders' equity. The distribution of additional shares through a stock dividend does not change the total value of the equity attributable to the shareholders. Instead, it reallocates the equity among the existing shareholders by increasing the number of shares held by each shareholder while maintaining the overall equity position of the company.
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Office Supplies Beesley Company purchases office supplies once a month and prepares monthly financial statements. The asset account Office Supplies on Hand has a balance of $1,530 on May 1. Purchases of supplies during May amount to $1,100. Supplies on hand at May 31 amount to $920. Required: 1. Identify and analyze the effect of the adjustment on May 31. Activity Accounts Statement(s) How does this entry affect the accounting equation? If a financial statement item is not affected, select "No Entry and leave the amount box blank. If the effect on a financial statement item is negative, i.e, a decrease, be sure to enter the answer with a minus sign. Balance Sheet Income Statement Stockholders' + Equity Assets Liabilities Revenues 2. What will be the effect on net income for May if this adjustment is not recorded? Net income for the month of May would be by if this adjustment were not recognized because expenses would be
The effect of the adjustment on May 31 is a decrease in the asset account Office Supplies on Hand by $710. This adjustment reflects the decrease in the value of office supplies from the beginning of the month to the end of the month.
During the month of May, the company purchased supplies worth $1,100, and the supplies on hand at May 31 amounted to $920. To determine the change in office supplies on hand, we subtract the ending balance from the beginning balance: $1,530 - $920 = $610. This represents a decrease of $610 in the Office Supplies on Hand asset account.
If this adjustment is not recorded, net income for May would be overstated. By not recognizing the decrease in office supplies, expenses would be understated, resulting in a higher net income. The adjustment ensures that the value of supplies consumed is properly recognized as an expense, aligning the income statement with the decrease in assets. Failing to record the adjustment would distort the financial statements and misrepresent the true financial position and profitability of the company for the month.
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Wafi Transnational LLC, a leading supermarket chain has stores all over the UAE. The company uses different marketing communications tools such as advertising, sales promotion, in-store promotions and sales, digital marketing tools etc. to reach its target consumers. In the recent years, the company changed its focus on committing more budget towards marketing communication tools, which ensured achieving rapid sales and profits such as in-store promotions and sales, sales promotion initiatives, and digital marketing tools. However, the recent days witnessed a slump in sales and profits due to several factors including ongoing pandemic. Therefore, the company intends to evaluate the existing communication tools used and suggest the new communications tools to increase the sales and profits1. Critically appraise the different aspects of in-store promotions in creating visibility among the target consumers and suggest a suitable in-store promotion plan to increase the sales and profits
In-store promotion is a type of marketing communication that takes place within a retail outlet. This strategy uses various promotional tools to influence customers' buying decisions.
In-store promotions can create visibility among target customers in different ways, including the following. Ensuring that products are correctly placed and arranged within the store.In-store displays should be eye-catching and well-designed.Creating exclusive deals and discounts for customers.Shop-in-shops create a more immersive shopping experience and promote the company's brand image.The placement of banners and posters should be done strategically.Suggest a suitable in-store promotion plan to increase the sales and profits:A new concept, "Pick and Mix," will be launched to drive traffic and increase the average spending amount in stores. Customers would have to pay a fixed amount to pick a jar and fill it with various confectionery items. Customers could combine different types of candy and chocolates, creating a one-of-a-kind treat. The sales revenue would increase as a result of this innovative in-store promotion.
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TI3-6 (similar to) Burlington Windows plans to sell two different brands of windows-Chad and Musk-and budgets the following 囲(Click the icon to view the budgets.) Calculate the breakeven point for Burlington Windows in terms of (a) the number of units sold and (b) revenues Que Begin by determining the sales mix. (The windows can only be sold in whole units. Enter the ratios as whole numbers.) ,400 units of Chad Windows sold for every That is, we think of Burlington Windows selling a bundle of 1,700 units of Musk Windows sold, A budgeted sales mix of is a ratio of 1 2 units of Chad Windows and 1 unit(s) of Musk Windows. Next, calculate the contribution margin of the bundle Number of Units of Chad Windows and Musk Windows in Each Bundle Contribution Margin per unit for Chad Windows and Musk Windows Contribution Margin of the Bundle 100 $ 200 Chad Windows Musk Windows Total Determine the formula used to calculate the breakeven point of the bundle. Then, enter the amounts in the formula to calculate the breakeven point in bundles. 50 50 $ 250 Contribution margin per bundle 250 Breakeven point in bundles 680 Fixed costs 170,000 Calculate the breakeven point in terms of units Chad Windows Must Windows Total number of units to break evern Data Table Chad Windows Musk Windows Total 3,400 1,700 5,100 sales $ 2,380,000 S Revenues, $700 and $450 per unit Variable costs, $600 and $400 per unit Contribution margin. $100 and $50 per unit Fixed costs Operating income 765,000 $ 3,145,000 680,000 2,720,000 2.040,000 340,000 S 85,000 -$ 425.000 170,000 255,000 Print Done
The breakeven point for Burlington Windows in terms of units is 680 bundles, and in terms of revenues it is $170,000. This means that Burlington Windows needs to sell 680 bundles of windows or generate $170,000 in sales in order to cover its fixed costs and reach the breakeven point.
To calculate the breakeven point, we need to determine the sales mix, which is the ratio of units sold for each brand. The given information states that for every 2 units of Chad Windows sold, 1 unit of Musk Windows is sold. Therefore, the sales mix is 2:1, with a ratio of 2 units of Chad Windows to 1 unit of Musk Windows.
Next, we calculate the contribution margin of the bundle, which is the difference between the selling price and the variable cost per unit. The contribution margin per unit for Chad Windows is $100 and for Musk Windows is $50. Since the sales mix is 2:1, the contribution margin per bundle can be calculated as follows: (2 units of Chad Windows * $100) + (1 unit of Musk Windows * $50) = $250.
Now, we can use the formula to calculate the breakeven point in bundles. The formula is: Breakeven point (in bundles) = Fixed costs / Contribution margin per bundle. Given that the fixed costs are $170,000 and the contribution margin per bundle is $250, we can calculate the breakeven point as follows: $170,000 / $250 = 680 bundles.
To convert the breakeven point to units, we multiply the number of bundles by the sales mix. The total number of units required to reach the breakeven point is: 680 bundles * (2 units of Chad Windows + 1 unit of Musk Windows) = 2,040 units.
In terms of revenues, the breakeven point can be calculated by multiplying the breakeven point in units by the selling price per unit. Given that the selling price for Chad Windows is $700 and for Musk Windows is $450, the breakeven point in terms of revenues is: 2,040 units * ($700 + $450) = $1,716,000.
Therefore, the breakeven point for Burlington Windows is 680 bundles in terms of units and $170,000 in terms of revenues.
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