Listening is one of the most effective skills you can develop to improve the quality of your communication.
What is Communication?Communication is generally defined as the transfer of information. The term may refer only to the messages that are transmitted, or to the field of study that studies such transmissions. Good communicators listen carefully, speak and write clearly, and respect different opinions. Being able to express emotions, share information, and share ideas are the essence of life. We all need to communicate.It is the art of transmission of messages from one person to another.Generally, communication is done between two persons or many persons in between,Skills for effective communication are as follows:
Be an attentive listener.Be specific and clear.Non-verbal communication is important.Relax.inform.visually.Show empathy.Integrity. It's an idea. We all need to communicate.Thus above all qualities are important for effective communication.
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Year
Pens
Muffins
Price
Quantity
Price
Quantity
(Dollars per pen)
(Number of pens)
(Dollars per muffin)
(Number of muffins)
2008 1 110 2 150
2009 2 155 4 215
2010 3 120 4 180
Use the information from the previous table to fill in the following table.
Year
GDP
Real GDP
(Dollars)
(Base year 2008, dollars)
2008
2009
2010
From 2009 to 2010, GDPdecreased , and real GDPdecreased .
1. Using the information to fill the following Nominal GDP and Real GDP table is as follows:
Nominal GDP Real GDP
Year (Dollars) (Base year 2008, Dollars)
2008 410 410
2009 1,170 585
2010 840 480
2. From 2009 to 2010, nominal GDP decreased, and real GDP decreased.
What differentiates the nominal GDP from the real GDP?The nominal GDP is based on the current prices and quantities.
The real GDP adjusts the current prices to remove the effects of inflation.
Pens Muffins
Price Quantity Price Quantity
Year (Dollars per pen) (Number of pens) (Dollars per muffin) (Number of
muffins)
2008 1 110 2 150
2009 2 155 4 215
2010 3 120 4 180
Nominal GDP:2008 = $410 ($1 x 110 + $2 x 150)
2009 = $1,170 ($2 x 155 + $4 x 215)
2010 = $840 ($3 x 120 + $4 x 180)
Nominal GDP Real GDP
Year (Dollars) (Base year 2008, Dollars)
2008 410 410 ($1 x 110 + $2 x 150)
2009 1,170 585 ($1 x 155 + $2 x 215)
2010 840 480 ($1 x 120 + $2 x 180)
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critically discuss the franchising strategy IKEA's used to expand into foreign markets to explain whether or not the company has really used franchising
Answer: what she said
Explanation:
cause why the hell not
To what does tax progressivity refer?
Answer:
Progressive tax refers to the tax structure in which tax rates are based on the level of income.
Question: To what does tax progressivity refer?
Answer: Hello: )So Progressive tax refers to the tax structure in which tax rates are based on the level of income. A progressive tax is directly related to the taxpayer's ability to pay. Every year, we have to pay a fixed portion of our income to the central government in the form of income tax.
Explanation: In a tax progressive system, people who earned higher level of income would be subjected to higher tax percentage compared to people who earned lower level of income. This system is created to ensure that people with low level income could still meet their daily needs after paying their tax.
Have a nice night/day: )
firms should emphasize the importance of consistently good customer service to its employees so that good customer service becomes part of the
Firms should emphasize on the importance of good customer service towards its employees so that good customer service can become a part of the organizational culture.
The right method to conduct oneself inside an firm is determined by its culture. This culture is made up of common values and beliefs that have been formed by leaders, disseminated, and reinforced through a variety of channels, ultimately influencing employee perceptions, actions, and comprehension. The organisational culture establishes the context for all business activities. There isn't an one culture template that works for all firms because industries and circumstances differ so widely. The most prosperous businesses all share a strong culture. Regarding cultural priorities, everyone is in agreement that the company and its objectives—rather than on specific individuals—are what are most important.
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Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding and
trimming, before they are ready for packaging. Expected costs and activities for the molding department and for the trimming
department for 2017 follow.
Direct labor hours
Machine hours
Overhead costs
Number of units
Machine hours
Molding
52,000 DLH
30,500 MH
Molding
Trimming
Direct labor hours
Molding
Trimming
$730,000
Data for two special order parts to be manufactured by the company in 2017 follow.
Part A27C
Part X82B
9,800 units
54,500 units
5,100 MH
2,600 MH
Trimming
48,000 DLH
3,600 MH
5,500 DLH
700 DLH
$590,000
1,020 MH
650 MH
2,150 DLH
3,500 DLH
1. The following chart shows how the molding department's overhead rate is calculated based on machine hours and how the trimming department's overhead rate is calculated based on direct labor hours:
Explanation:-For example, the overhead cost for the molding department is $730,000 divided by 30,500 machine hours, or $23.93 per machine hour.
For the trimming department, the overhead cost is $590,000 divided by 48,000 direct labor hours to get $12.29 per machine hour.
2. The overhead expense for Parts X82B and A27C combined, as well as the expense per unit, are as follows.
Departmental Part A27C Activity For Total Overhead Driver OH Rate each Cost
Five thousand one hundred and thirty minutes divided by 23.93 hours is $122,065.57 for the molding machine.
Reduced Direct Labor Hours $12.29 Direct Labor Hour $8,604.11 (700 DLH 12.29)
Reducing Direct Labor Hours $12.29 Direct Labor Hour $43,020.83 (3,500 DLH 12.29)
54,500 units x total overhead of $674,33.95
Costs per unit $1.24
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To what extent can the sideling of harold on the appointment if carol be considered an ethical issue
The extent to which the sideling of Harold on the appointment of Carol can be considered an ethical issue is when one attempts ethical reasoning only with a perception of a crisis situation.
How can ethical issues be solved?In order to solve ethical issues, one needs to raise consciousness about the everyday dilemmas. Raising consciousness may be of help employing different approaches to dilemmas.
In the book Mountains and Passes, three approaches to ethical problem solving are described which include; virtues-based, principle-based, and case-based.
Therefore, the correct answer is as given above.
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Emma was enrolled in a qualified health plan with Premium Assistance Subsidy (PAS). She turned 65 on June 3 and became eligible for Medicare. Emma must apply to Medicare to receive benefits. She applied to Medicare in September and was eligible to receive Medicare benefits beginning on December 1. Emma completed the requirements necessary to receive Medicare benefits by September 30 (the last day of the third full calendar month after the event that established her eligibility, turning 65). She was eligible for Medicare coverage on December 1, the first day of the first full month that she could receive benefits. Therefore, Emma cannot get the PAS for her coverage in her qualified health plan beginning in which month?
Emma cannot get the PAS for her coverage in her qualified health plan beginning in December.
What is insurance?A person may use insurance as a means of protection against potential financial losses or predicted losses. Additionally, you can get health, business, or vehicle insurance.
A person typically purchases health insurance in order to protect their health or well-being. That whenever a person needs medical treatment, health insurance offers financial assistance.
In as Emma has purchased the insurance policy. This policy will start in the month which will be December. The insurance policy by medicare will be different as they may have different rules.
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od
Finall Exam
Which of the following is true about a Restricted Entity?
Select the two responses that apply and then Submit
Restricted Entities appear with a ned "Restricted status tag
Assurance clients are Restricted Entities
All public companies are Restricted Entities
Question 5
All mutual funds are Restricted Entities
assurance clients are restricted
The following is true about a Restricted Entity is Restricted Entities appear with a red " Restricted " status tag and Assurance clients are Restricted Entities. The correct options a and b.
A restricted entity is a user account or connector that has been barred from sending email due to signs of compromise, which commonly include exceeding message sending and receiving limits. If you use the connector to send email, the communication is returned in the form of a non-delivery report (commonly known as an NDR or bounced message).
Any Person who is (i) a financial holding company, (ii) a bank holding company, (iii) a foreign bank subject for the BHCA, (iv) a savings and loan holding company under the Home Owners' Loan Act of 1933, as amended, or (v) an investment advisor, an investment company, or a broker-dealer is a Restricted Entity.
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The question is incomplete but the complete question most probably was:
Which of the following is true about a Restricted Entity?
Select the two responses that apply and then Submit
a.Restricted Entities appear with a ned "Restricted status tag
b.Assurance clients are Restricted Entities
c.All public companies are Restricted Entities
d.All mutual funds are Restricted Entities
Could you explain this as if I was 5 years old? Thank you.
"The practice of quoting bond prices net of accrued interest explains why the price of a maturing bond is listed at $1,000 rather than $1,000 plus one coupon payment. A purchaser of an 8% coupon bond one day before the bond’s maturity would receive $1,040 on the following day and so should be willing to pay $1,040. But $40 of that total payment constitutes the accrued interest for the preceding half-year period. The bond price is quoted net of accrued interest and thus appears as $1,000."
Quoting bond prices net of accrued interest is quoting them at clean prices (future value) instead of dirty prices (present value).
What is the clean price?The clean price of a bond excludes its accrued interest and gives the future value at which the bond will be redeemed.
The clean price implies that the bond is quoted without reflecting the accrued interest, so the investor will quickly determine at what price they purchase the bond.
The dirty price is the actual and present value of the bond before the coupon payment date.
Quoting at a clean price helps the potential investor to determine if a bond is sold at a discount, premium, or face value without many computations.
Face value of bond = $1,000
Coupon interest rate = 8%
Interest payment = semiannually
Interest amount = $40 ($1,000 x 8% x 1/2)
Dirty price = $1,040
Thus, the quotation of bond prices without the accrued interest is the standard practice in the United States, unlike in Europe, where they are quoted at dirty prices.
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all other variables held constant, investments paying simple interest have to pay significantly higher interest rates to earn the same amount of interest as an account earning compound interest.
a. True
b. False
The statement is true. Even when all other variables are held constant, investments that pay simple interest have to pay significantly higher interest rates.
A purchase made for the purpose of earning money or appreciating in value is known as an investment. When an asset's value rises over time, this is referred to as appreciation. When someone buys something as an investment, they don't intend to utilise it right now to make money; instead, they plan to use it later to do so.
An investment always involves the interest, expenditure of some resources today—time, effort, currency, or an asset—in the anticipation of a future return greater than the initial investment. A financial asset, for instance, might be bought by an investor now with the hope that it would provide income later on or be sold for more money.
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A firm has only debt and common equity (no preferred stock). The weight of debt is 20% and the weight of equity is 80%. The cost of equity is 15% and the pre-tax cost of debt is 5%. The firm's tax rate is 40%. What is the firm's WACC?
The WACC of the firm given the information on its debt and common equity is 12.60%.
What is the WACC?WACC is an abbreviation for the weighted average cost of capital. It is the after tax cost of obtaining capital from various sources. The sources include debt, common equity and preferred equality.
The weighted average cost of capital is the minimum return that the investors of a company expect to receive from their investments in the company. The higher the weighted average cost of capital, the greater the return expected by investors and the higher the risk of the company.
WACC = [E / (E + D)] x re + [D / (E + D)] x rd x (1 - t)
Where:
E = weight of equity
D = weight of debt
re = cost of equity
rd = cost of debt
t = tax rate
WACC = (0.8 x 15%) + (0.2 x 5% x (1 - 0.4))
WACC = (0.8 x 15%) + (0.2 x 5% x 0.6)
WACC = 12% + 0.6%
WACC = 12.60%
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Rundle Company is considering the replacement of some of its manufacturing equipment. Information regarding the existing equipment and the potential replacement equipment follows.
Existing Equipment Replacement Equipment
Historical cost $ 109,000 Market price $ 110,000
Operating expenses* 120,000 Operating expenses* 111,000
Salvage value 29,000 Salvage value 11,000
Market value 40,000 Useful life 8 years
Book value 35,000
Remaining useful life 8 years
*The amounts shown for operating expenses are the cumulative total of all such expected expenses to be incurred over the useful life of the equipment.
Required
Calculate the total relevant cost of existing equipment and the potential replacement equipment. Should the equipment be replaced?
Based on the historical cost of the existing equipment to Rundle Company, the total relevant cost of existing equipment would be $131, 000.
The total relevant cost of the potential replacement equipment would be $210, 000.
The equipment should not be replaced because cost of the replacement equipment will be more than the cost of the existing equipment.
How to find the cost of the equipment?The total relevant cost of the existing equipment can be found by adding the operating costs and the market value and then deducting the salvage value. This is because the historical cost is no longer relevant.
The total relevant cost is therefore:
= Operating expenses - Salvage value + Market value
= 120, 000 - 29, 000 + 40, 000
= $131, 000
The total relevant cost of the potential replacement equipment would be calculated using the historical cost because this would be the same as the market price. This is because the equipment is yet to be purchased.
The total relevant cost is:
= Historical Cost + Operating expenses - Salvage value
= 110, 000 + 111, 000 - 11, 000
= $210, 000
The total relevant cost for the existing equipment is less than that of the potential replacement so the equipment should not be replaced.
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Is it recommended to skip performing the risk identification on a project? Why not? What is likely to
happen if you skip this process?
It is not recommended to skip performing the risk identification on a project. If this process is skipped, the organization might run into unforeseen dangers that will stall their projects and prevent them from reaching their objectives.
What is the risk identification step?The risk identification process is designed to study and find out the elements that will prevent an organization from reaching its set objectives.
he risk identification process helps the organization to know the risk that is set before them and prepare to bypass or overcome the challenges. The risk identification step is the first step that must be taken to avoid problems along the way.
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When there is excess supply of a hood in the marketplace, what will the business need to do in order to get rid of the excess?
A. Decrease the price
B. Discontinue the product
C. Nothing
D. Increase the price
When there is excess supply of a hood in the marketplace, what the business need to do in order to get rid of the excess is: A. Decrease the price .
What is supply?Supply can be defined as the amount of goods that producer or manufacturer produce that is supply to the market or made available for sales in the market.
When there is excess supply of goods and services in the market , the best thing is to decrease the price because by reducing the price of the product consumer that cannot afford the product will buy them or more people will buy the product.
On the other hand if there is excess demand of goods in the market place the best thing to do is to increase the price due to high demand as consumer who desire the product will still buy it despite the increase in price.
Therefore the correct option is A.
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What are the possible outcomes of a procure to pay process
Explanation: A well-documented procure-to-pay process:
Creates a frictionless environment where your employees get what they need without uncertainty. ...
Ensures consistent oversight into purchases and adherence to budgets and departmental prerequisites.
Reduces risks of ordering from unknown suppliers or making out-of-process, unsanctioned purchases
It increases visibility, reduces redundancy, and allows finance to track, analyze, and forecast spending
P.s hopes this helps!
A project is estimated to take 300 hours but can be completed whenever the team has spare time. Three employees will take turns working on the project. The first employee completes one-third of the project. The second completes one-fifth of the work remaining. The third completes one-half of the work remaining. How many hours are left for the fourth employee to complete?
Answer:
80 hours
Explanation:
Translating the fraction of work done to actual hours completed will make it easier
Total time estimated = 300 hours
First employee completes 1/3 = 1/3 x 300 = 100 hours
Remaining time = 300 - 100 - 200 hours
Second employee completes 1/5th of this remaining time= 1/5 x 200 = 40 hours
Remaining time = 200 - 40 = 160
Third employee completes 1/2 of this remaining time = 1/2 x 160 = 80 hours
Remaining time = 160 - 80 = 80 hours
So the 4th employee will have to complete 80 hours of the project
Check:
100 + 40 + 80 = 220 hours completed by 3 employees
Remaining work = 300 - 220 = 80 hours
19. Explain what happens when "Ripple Effect" happens during a Recession
The ripple effect is the economics equivalent of the phrase multiplier. In other words, one person's action will influence another person's action.
What exactly happens when the "Ripple Effect" occurs during a recession, please?Imagine a stock market crash or a collapse in the property market. A massive sell-off might occur when it becomes evident that a particular asset's price isn't going to continue to climb. As a result of the ripple effect, the entire stock of that "thing" is essentially devalued, which could cause an economic downturn.
What effect does the ripple have on the economy?The ripple effect is the economics equivalent of the phrase multiplier. In other words, one person's action will influence another person's action. As an illustration, if one person's spending increases, the other person will be able to spend more of their income as a result.
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Discuss power and the key aspects of power in reference to international relations
Power is both a characteristic of specific players in their interactions and a aspects process that shapes actors' social identities and powers. The allocation of power in the international system is referred to by international relations academics as polarity.
The international tangible aspects include geography, raw materials, natural resources, people, and technology; the intangible elements are ideology, morale, leadership, personality, organizational effectiveness, and diplomacy aspects quality. In international relations, the three primary categories of power are as follows. These three types of power include hard power, soft power, and smart power, which combines hard and soft power. One of the primary motivations for acquiring power in human nature.
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identify the principles of adaptive leadership
Answer:
developing mutual trust, optimal talent mix, possessing a transparent character,
Explanation:
If you begin investing at age 45 instead of age 40, how much more do you need to invest per month to have $1M at retirement? Why is this amount so much greater than the difference between 20 and 25?
If you begin investing at age 45 instead of age 40, you need to invest $2,164.31 per month.
What is the difference between investing at 45 and 40?The difference in monthly investment between investing at 45 and 40 is due to the time value of money and the compounded interest earned as a result.
The investment made at 45:N (# of periods) = 240 (12 x 20 years)
I/Y (Interest per year) = 6%
PV (Present Value) = $0
FV (Future Value) = $1,000,000
Results:
PMT = $2,164.31
Sum of all periodic payments = $519,434.54
Total Interest = $480,565.46
The investment made at 40:N (# of periods) = 300 (12 x 25 years)
I/Y (Interest per year) = 6%
PV (Present Value) = $0
FV (Future Value) = $1,000,000
Results:
PMT = $1,443.01
Sum of all periodic payments = $432,904.20
Total Interest $567,095.80
Thus, if you started investing at 40, instead of at 45, your monthly investment will be $1,443.01.
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Conan, a hotel owner, has recently decided to go ahead and pay the fee in order to be included in a GDS system. Why is this likely worth paying a fee to Conan?
It is worth paying a fee to Conan because the GDS is often used to tap into the corporate travel market. GDS has the ability to present hotels, flights, and car rentals in one simple interface providing convenience for users.
What is the significance of GDS to the hoteliers?GDS is a network or platform that permits travel agencies and their clients to have access to travel data, shop for and compare hotel options and book travel. GDS platform like the other systems in similar business earns a lot of money or profit in global travel sales.
Therefore, the correct answer is as given above.
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Which of the following items are not included in working capital?
Accounts payable, accumulated salaries, and notes payable are the items that make up current liabilities.As non-current assets, fixed assets are held for the long term in order to produce revenue.When calculating a business's working capital, they are not taken into account.
What things go under working capital?
Working capital, which includes inventory, cash, accounts payable, accounts receivable, and short-term debt, reflects a company's ability to manage daily expenses.It serves as a gauge of both an organization's overall effectiveness and short-term financial position. A well-run company manages its working capital, which is made up of inventories, accounts receivable, accounts payable, and cash, to control its short-term debt as well as its ongoing operational costs. The balance sheet of a corporation contains all of the working capital components, even if a company may not need all of the components described below.For instance, a service provider that does not maintain inventory will omit inventory from its working capital calculation entirely.Cash, accounts receivable, inventory, and other assets that are anticipated to be sold or converted into cash in less than a year are listed under current assets.Accounts payable, wages, taxes owed, and the current portion of long-term debt that is due within a year are all examples of current liabilities. The difference between a company's current assets—such as cash, accounts receivable/unpaid invoices from customers, and inventories of raw materials and completed goods—and its current liabilities—such as debts and accounts payable—is known as working capital, sometimes known as net working capital (NWC).It's a frequently employed metric to assess an organization's immediate health. Working capital, often known as net working capital, is the distinction between current assets and current liabilities for a business.A company's working capital is a gauge of its liquidity and immediate financial stability.If a company's current assets to liabilities ratio is lower than one, it has negative working capital.A corporation that has sufficient working capital is able to finance both its ongoing operations and its expansion plans.It's not always a good thing to have a high working capital.It can mean that the company has too much inventory, isn't spending its extra income, or isn't taking advantage of opportunities for low-cost debt. Estimates of working capital are based on the variety of assets and liabilities on a company's balance sheet.A corporation can better comprehend what kind of liquidity it will have in the near future by focusing just on current debts and offsetting them with the most liquid assets.Working capital is another indicator of a business's operational effectiveness and immediate financial stability.A corporation may have the ability to invest in growth and expansion if it has a sizable positive NWC.A corporation may struggle to expand or repay creditors if its current assets do not surpass its current liabilities.It may even file for bankruptcy.To learn more about working capital refer
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name and discuss external environment factors that affect managerial decision making in a business setting
The external environment refers to the elements outside a company that can have an impact on how it operates by influencing its decisions and actions as well as identifying its opportunities and hazards.
What does the outside environment mean? External setting. noun [C, typically single] the external factors that influence a company's operations: The organization's goals must change as the external environment does in order to represent this shifting environment.Institutions, organizations, and forces working outside of the corporation are examples of the external environment.Instances of the outside business environment, Which are:political - New legislation, for instance.economic - Take unemployment and inflation, for instance.sociological - Modifications in style and taste, or an increase in the purchasing power of one group, such as senior citizens.technological: Using automation in industries or being able to sell items online are two examples.Mirshahvelayati and Nazarizadeh (2010) classify the external environment into two categories: the common environment and the work environment (competitors, customers, and technology) (legislation, economic, and socio- cultural).To Learn more About External environment, refer:
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When getting a "Not Satisfied" rating, you will:
Submit a complain before verifying if you neglected to follow instructions provided
Submit a complain before verifying if you missed to submit some proofs
Submit a complain via the "Create a Complain" link only after verifying if indeed you have properly completed requested proofs
Submit a complain directly to Employer website
When getting a 'not satisfied' rating, it is advisable for the person in charge to submit a complaint via ''Create a complaint'' link only after the verification of proper completion of the requested proofs. Therefore, the option C holds true.
What is the significance of a complaint?A complaint can be referred to or considered as the objection that a consumer may have if he or she is not satisfied with the goods or services that he or she has purchased.
After making a complaint, a grievance manager must handle the complaint after verifying that the grounds for consumer's dissatisfaction are justified. If verified, further actions are to be taken in the provided manner.
Therefore, the option C holds true and states regarding the significance of a complaint.
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Which of the following, if true, would illustrate why price indexes such as the cspi might overstate inflation in the cost of going to college? check all that apply.
A. As the price of calculators rose, fewer students decided to buy them, opting instead to use the free calculators in their cell phones or on their computers.
B. Professors required each student to buy 15 notebooks, regardless of the price.
C. Energy drinks became increasingly popular on college campuses between 2014 and 2016 due to significant improvements in flavor, but this quality change is hard to measure.
D. A new mobile device for personal computing became available for purchase.
The price index CSPI overstate inflation, due to increase in cost of living as it is based on fixed basket of goods and services, so the correct answers will be (a), (c) and (d).
The following will illustrate why CSPI might overstate inflation in the cost of going to college. -
As the price of calculators rose, fewer students decided to buy them, opting instead to use the free calculators in their cell phones or on their computers.Energy drinks became increasingly popular on college campuses between 2014 and 2016 due to significant improvements in flavor, but this quality change is hard to measure.A new mobile device for personal computing became available for purchase.Inflation occurs when there is a general price rise in the prices of goods and services that we buy. The reason behind price rise is that the cost of production and other raw material goes up that causes inflation. Due to inflation the consumers normally start demanding less of a good.
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Brian needs to assign a macro to a button on the ribbon. Where should he go to achieve this goal?
Brian needs to assign a macro to the button on the ribbon. So, in order to achieve this goal, Brian should Click File > Options > Customize Ribbon.
If Brian needs to assign a macro to a button on the ribbon. He needs to Click File > Options > Customize Ribbon. Thus, under Customize the Ribbon, which is in the Main Tabs list, check Developer box if it is not checked already. Then, pick the tab where you want to add your own group. For instance, you can pick Home, in order to add your group.
After macro is created, you can also assign it to a button which you click in order to run the macro. Thus, to a button on the Quick Access Toolbar, you can assign a macro.
Hence, this is the way Brian can achieve his goal.
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Which of the following is not a common effect of depresssants
Slowed digestion is not a common effect of depresssants.
Digestion is the breakdown of large, insoluble food molecules into small, water-soluble food molecules so that they can be absorbed into the aqueous plasma. In some common effect of organisms, these smaller substances are absorbed through the small intestine into the bloodstream. Digestion is a form of catabolism that is usually divided into two processes based on how food is broken down: mechanical digestion and chemical digestion.
The term mechanical digestion refers to the physical breakdown of large food particles into smaller pieces that can then be accessed by digestive enzymes. Mechanical digestion takes place in the mouth by chewing and in the small intestine by intermittent contractions. During chemical digestion, enzymes break down food into small molecules that the body can use.
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One reason that companies participate in mergers and acquisitions is A) to do the same thing as the competition because it makes for a highly leveraged company. B) to convert a sole proprietorship into a partnership. C) to expand within their own field or enter new markets. D) to take the first step toward a joint venture.
One reason that companies participate in mergers and acquisitions is C) to expand within their own field or enter new markets.
What are merger?Mergers and acquisitions are often used interchangeably but in the real sense, they have different meanings Merger happens when a company completely takes in another company.
For example: Firm A + Firm B = Firm A. Literally, this means when firm A merge with firm B, firm B stops existing, and firm A completely absorbs firm B. Acquisition occurs when one company purchases a controlling share in another company. For example, if firm A acquires 60% of shares in B. firm A becomes the parent company while firm B becomes the subsidiary. Both companies still exist unlike merger.
Benefits of mergers and acquisitions are but not limited to the following:
To have a larger market share to expand into a new market
For better synergy achieve diversification
In light of the above, option C - to expand within their own field or enter new markets is correct.
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Determine the costs assigned to ending inventory and to cost of goods sold using fifo
Using FIFO, the cost assigned to ending inventory is $8,296, and the cost assigned to the cost of goods sold is $20,774.
What is FIFO?FIFO simply means First-in, First-Out.
FIFO is a cost flow assumption that assigns cost to the cost of goods sold based on the understanding that the first goods brought into the store are the first to be sold.
Note that under the perpetual inventory system, the cost of goods sold is determined at each sales transaction.
Activities Units Acquired at Cost Units Sold at Retail
Jan. 1 Beg. inventory 285 at $13.40 $3,819
Jan. 10 Sales 250 units $43.40 $10,850
Mar. 14 Purchase 470 units $18.40 8,648
Mar. 15 Sales 400 units $43.40 17,360
July 30 Purchase 485 units $23.40 11,349
Oct. 5 Sales 460 units $43.40 19,964
Oct. 26 Purchase 185 units $28.40 5,254
Totals 1,425 units $29,070 1,110 units $48,174
Ending inventory 315 (1,425 - 1,110)
FIFO:Ending inventory = $8,296 (185 x $28.40 + 130 x $23.40)
Cost of goods sold = Cost of Goods Available for Sale - Cost of Ending Inventory)
= $20,774 ($29,070 - $8,296)
Cost of Goods Sold (Using Perpetual Inventory System):$3,350: 250 units $13.40
$7,185: 400 units ($13.40 x 35) + ($18.40 x 365)
$10,239: 460 units ($18.40 x 105) + ($23.40 x 355)
$20,774 1,110 units
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Question Completion:Activities Units Acquired at Cost Units Sold at Retail
Jan. 1 Beg. inventory 285 at $13.40 $3,819
Jan. 10 Sales 250 units $43.40
Mar. 14 Purchase 470 units $18.40 8,648
Mar. 15 Sales 400 units $43.40
July 30 Purchase 485 units $23.40 11,349
Oct. 5 Sales 460 units $43.40
Oct. 26 Purchase 185 units $28.40 5,254
Totals 1,425 units $29,070 1,110 units
Required Hemming uses a perpetual inventory system. 1. Determine the costs assigned to ending inventory and to cost of goods sold using FIFO.
Tea and coffee are some of the agricultural products whose supply can be variable depending on several factors behind the control of the farmer. But, because demand and supply are inelastic, any change in supply can cause a significant change in price.” Discuss why
In inelastic demand and supply, a change in supply can cause a significant change in price, this is because the capacity in response to changes is low.
What is inelastic demand and supply?It corresponds to an economic concept whose inelasticity is caused by the variation in the quantity supplied or demanded in relation to the price. When there is an inelastic demand or supply, it means that a price change that generates an increase will reduce the quantity demanded.
In inelasticity, the consumer is not sensitive to the quantity purchased in the case of an increase in price, that is, the quantity demanded does not increase or decrease in relation to the price.
Therefore, the elasticity of demand is directly influenced by the increase in prices, as in non-essential products, while in inelasticity, the price does not interfere so much with the quantity demanded.
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