You need to have saved $1,000,000 in your retirement fund to achieve this goal.
In the field of finance, a security that generates an endless supply of cash is known as perpetuity. It functions as a kind of perpetual annuity. The quantity of the regular cash flows is simply divided by the discount rate to get the present value of a perpetuity.
Calculate how much would need to be saved in your retirement account for you to reach this objective.
We will use the perpetuity equation,
PV=C/r
Where, C=Perpetuity after retirement
r=Annual interest rate
Now, put the values in the formula,
PV = (80,000/0.08)
PV= $1,000,000
Therefore, $1,000,000 in retirement savings would be required for you to reach this goal.
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a company is considering investing $200,000 in a project with the following anticipated net cash flows: year 1: $65,000 year 2: $50,000 year 3: $55,000 year 4: $35,000 year 5: $40,000 year 6: $50,000 in what year will payback occur? a.) year 5 b.) year 6 c.) year 4 d.) year 3
Option c. Year 4 is the correct answer. The payback for the project will begin from year 4 onwards
Profit and cash flow are crucial financial indicators for businesses. However, it happens frequently for persons who are new to finance and accounting to mix up the two terms. Making important decisions about a company's performance and financial health requires an understanding that cash flow and profit are not the same thing.
Amount of investment: $200,000
Cash flows:
Year 1: $65000
Year 2: $50000
Year 3: $55000
Year 4: $35000
Year 5: $40000
Year 6: $50000
Sum of cash flow for Years 1 to 4 = 65000 + 50000 + 55000 + 35000 = $205000
Since $205000 is greater than $20000 in year 4, payback will occur from year 4 onwards
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assume you are reviewing a graph that plots earnings per share (eps) on the vertical axis, against earnings before interest and taxes (ebit) on the horizontal axis. the steeper the slope of the plotted line the: multiple choice lower the impact of financial leverage. lower the debt-equity ratio. higher the tax rate. greater the sensitivity of eps to changes in ebit. lower the probability of a negative eps.
Consider that you are looking at a graph where the horizontal axis represents profits before interest and taxes (EBIT) and the vertical axis represents earnings per share (EPS). The higher the sensitivity of eps to changes in EBIT, the steeper the slope of the depicted line. The right response in this case is option C.
DFL calculates the ratio of an organization's EPS changes to its EBIT change. To get a company's DFL, divide its percentage change in EPS by its percentage change in EBIT during a specific time period. The EBIT of a corporation divided by the EBIT less interest expenditure may also be used to calculate it.
A company's earnings have a significant impact on EPS. Earnings before interest and taxes (EBIT) are used to calculate EPS because they represent the amount of profit left over after business expenses are taken into account. Operating income is yet another term used to describe EBIT.
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you have a portfolio that is invested 24 percent in stock a, 38 percent in stock b, and 38 percent in stock c. the betas of the stocks are .71, 1.26, and 1.55, respectively. what is the beta of the portfolio?
The beta of the portfolio is 1.24.
A stock's anticipated movement in relation to changes in the entire market is measured by the concept of beta. A stock with a beta larger than 1.0 is thought to be more volatile than the overall market, whereas one with a beta below 1.0 is thought to be less volatile.
Percentage invested in Stock A = 24%
Percentage invested in Stock B = 38%
Percentage invested in Stock C = 38%
The beta of stock A = 0.71
The beta of stock B = 1.26
The beta of stock C = 1.55
The beta of the portfolio= 0.24 × 0.71 + 0.38 × 1.26 + 0.38 × 1.55
= 1.2382
= 1.24
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(6 points) country day's scholarship fund received a gift of $47000. the money was invested in stocks, bonds, and cds for one year. the cds paid 1% interest, the bonds paid 3% interest, and the stocks paid 8% interest. the amount invested bonds was $18000 more than the amount invested in cds, and the total income for one year from the investments was $2620. how much was invested in each type?
Amount invested in cds is 2000, bonds is 20000 and stocks is 25000
Total fund received = $47000
Interest on cds = 1%
Interest on bonds = 3%
Interest on stocks = 8%
Let x be the amount invested in CDs be x, then the amount invested in bonds = x+18000 and the amount invested in stocks will be y
Formulating the equation we get:
x + x+18000 +y = 47000
2x + y = 29000-----(1)
Another equation:
1%of x + 3% of x+18000 + 8% of y = $2620
0.01x + 0.03x + 540 + 0.08y = 2620
0.04x + 0.08y = 2080
4x + 8y = 208000
Dividing by 2 we get
2x + 4y = 104000----(2)
Equating (1) and (2) we get:
3y = 75000
y = 25000
Substituting y in (1) we get
2x = 4000
x = 2000
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Derek's team is struggling to come to a consensus because several people are unwilling to share their thoughts. What would be the BEST question for the group to ask themselves to avoid groupthink?
A) How is this situation similar to other we've encountered?
B) What about the group could be making people feel unsafe?
C) How would this situation look different if we had more money?
D) Can we get rid of the people who aren't willing to speak up?
If Derek's team is struggling to come to a consensus because several people are unwilling to share their thoughts. The BEST question for the group to ask themselves to avoid groupthink is: B) What about the group could be making people feel unsafe?
What is groupthink?Groupthink can be defined as the way in which members of a group in unity or one accord tend to accepts decisions made in the group or the conclusion they reach after discussing on matters arising. In this group the members of the group tend to accept every viewpoint by neglecting the consequence or the negative impact they make experience as a result of the decision they made and accepted.
Based on this scenario the group should first of all ask themselves about what is causing them to feel unsafe and this will help them to combat that feelings and enables them to share their thought.
Therefore the correct option is B.
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the demand curve for each seller's product in perfect competition is horizontal at the market price because
The demand curve of an uncompetitive business is a horizontal line at the market price. This means that it receives the same price for each unit sold.
The negligible income got by the firm is the adjustment of absolute income from selling another unit, which is the steady market cost.
In perfect competition, why is price horizontal?
Because the prices are determined by the forces of supply and demand in the market, the demand curve is horizontal for each company in a market that is highly competitive. As a result, the businesses take prices. Customers will not be willing to purchase from a business that attempts to charge more than the current market price.
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if a business purchases $3,220,000 in equipment during 2022, what is the impact on the section 179 election?
For the current year, the maximum amount that can be deducted will be $560,000 because the ceiling will be reduced by $520,000.
Section 179 allows for a maximum deduction of $1,080,000 and a maximum purchase of $2,700,000.The deduction decreases dollor-by-dollor if the purchase price is greater than $2,700,000.In this way, first choice is the right response.
What is the percentage reduction in tax obligation?A tax credit is a direct reduction in the amount of income tax that must be paid. The amount of tax you owe is directly reduced by a tax credit. The Earned Income Credit, the American Opportunity Tax Credit, and the Savers Tax Credit are all common credits. A credit can either be refunded or not.
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p, a citizen of state x, had an altercation with d, a citizen of state y. d was p's boss. d subsequently fired p. p maintains that d hit p first and that p was acting in self-defense. p commences an action in federal district court invoking the diversity jurisdiction. p claims $50,000 for damages based on an assault and battery claim and $27,000 as damages for an alleged breach of p's employment contract with d. for purposes of diversity jurisdiction, is the amount-in-controversy requirement met?
Yes, the amount-in-controversy requirement for purposes of diversity jurisdiction have been met.
When two requirements are satisfied, "diversity jurisdiction" under 28 U.S.C. 1332 exists in federal court. First, the sum in question must be greater than $75,000 in value. Second, each plaintiff and each defendant must have a separate nationality.
A defendant may file a notice of removal to transfer an action from state court to federal court where diversity jurisdiction is present. However, the jurisdiction of federal courts is restricted. Williamsport Area School District v. Bender, 475 U.S. 534, 541 (1986). Clear evidence rebutting a high presumption against federal court jurisdiction.
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according to the market-based approach, environmental problems multiple choice are caused by conservationists. are caused by the inexhaustible supply of resources. need to be solved through corporate social responsibility. deserve economic solutions.
According to the market-based approach, environmental problems deserve economic solutions.
One of the most important environmental problems of the present is outdoor air pollution. According to World Health Organization (WHO) research, air pollution kills an estimated 4.2 to 7 million people worldwide each year, and nine out of ten people breathe polluted air.
Environmental Solutions are the strategies and solutions used to create a healthier, more sustainable, and balanced planet or environment. There are various approaches to Environmental Solutions; we can either take care of our environment on our own or hire an environmental services agency.
Hence, the correct answer is the "4" option.
The question is incomplete, the complete question is:
According to the market-based approach, environmental problems ___________.
Multiple choices:
(1) are caused by conservationists
(2) are caused by the inexhaustible supply of resources
(3) need to be solved through corporate social responsibility
(4) deserve economic solutions
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the best supplier candidates for supplier relationship management (srm) include all of the following except? the best supplier candidates for supplier relationship management (srm) include all of the following except? suppliers that provide lesser quantities of a crucial products/services developmental suppliers that need to make improvements preferred suppliers suppliers that provide high volumes of products or services
The best supplies candidates for supplier relationship management include development supplier that need to make improvement
Alternatives A, B, and D will not be accepted as the right response since developmental suppliers are expanding companies looking to exert more influence in the industry and may do so in the near future. In light of all the available options, this may therefore be the best choice. Relationship management is a tactic used by organizations to keep their audience engaged on a regular basis. This management might take place between a company and its clients (B2C) or between a company and other companies (business to business [B2B])
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before it collapsed swissair was once one of the richest airlines in the world. leaders felt so successful that they quit questioning their decisions (individual concerns were brushed aside or kept quiet); this practice is known as .
A poorly thought-out alliance strategy that also damaged Swissair's reputation as a high-quality carrier and the company's failure to successfully coordinate its own operations led to Swissair's quick collapse from one of the industry' most famous carriers into bankruptcy.
Affected by the Great Depression was Switzerland?
The two epicentres were the United States and Germany, although every economy-dependent nation suffered. With the exception of 1937 and 1939, Switzerland's industrial production decreased by 20% between 1929 and 1932 and stayed below the 1929.
The two epicentres were the United States and Germany, although every economy-dependent nation suffered. With the exception of 1937 and 1939, Switzerland's industrial production decreased by 20% between 1929 and 1932 and stayed below the 1929 level through the conclusion of the decade (and, indeed, the end of World War II).
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______ are important because they provide utilities to consumers and have a significant positive impact on the economy.
Retailers are important because they provides utilities to consumers and cause a significant positive impact on the economy.
A retailer is an individual or business that sold goods. Retailers typically purchase their goods from manufacturers. They purchase goods from producers or wholesalers and then offer them in modest quantities to clients. One method of adding value is through consumer utilities which have a positive impact on the economy.
Between manufacturers and consumers, retailers play an important role. They serve as the last point of sale and are essential to the whole supply chain. They actually provide services to wholesalers and customers alike. The consumer is the most crucial retail concept to understand; they should be at the core of your organization and the subject of everything you do.
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which best describes the current state of the study of leadership? a leadership is a frontier area of thought in which researchers do not agree on the same terminology and concepts. b leadership theories are all surprisingly very similar, covering practically identical concepts. c most researchers agree on the core tenants and principles of leadership. d most leadership research has been conducted by practitioners in the field, not professors or scientists. e leadership is not a very complex topic and is easy for anyone to adopt and practice.
Leadership research is currently at a crossroads, with experts differing on language and concepts. As a result, the correct choice is (a) leadership is a frontier field of study in which academics do not agree on language and concepts.
What is leadership research?Research leadership is defined as the influence of one or more people on the research-related behavior, attitudes, or intellectual capacities of others. Leadership studies is an interdisciplinary academic field that focuses on leadership in business and in everyday life. Leadership studies have their origins in the social sciences, and humanities (such as history and philosophy), as well as professional and practical fields of study (e.g., management and education). Leadership and organizational studies are integrally linked disciplines.
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Deductions and credits can _______ what you owe in taxes each year. Increase reduce double share with others.
Deductions and credits can reduce what you owe in taxes each year.
What is the impact of the Deductions and credits on the owed taxes?The impact of the Deductions and credits on the owed taxes is differnt, it should be noted that the Deductions can bring about the reduction in the income that you make by the time that you will now statrt to make the calculation of the tax that you have been owing.
It should be nopted that the Credits can as wellk bring about the reduction and can as well increase your tax refund.
Therefore, the second option is correct.
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Answer:
B. Reduce
Explanation:
royal company purchased a dump truck at the beginning of 2015 at a cost of $60,000. the truck had an estimated life of six years and an estimated residual value of $24,000. on january 1, 2016, the company made major repairs of $20,000 to the truck that extended the life one year. thus, starting with 2017, the truck has a remaining life of five years and a new salvage value of $8,000. royal uses the straight-line depreciation method. what is the book value of the truck to be reported on the balance sheet at december 31, 2017?
Royal uses the straight-line depreciation method. $ 54133.34 is the book value of the truck to be reported on the balance sheet on December 31, 2017.
Depreciation for 2015 = [cost-salvage]/useful; life
= [60000-24000]/6
= 36000/6
= $ 6000.
Book value at 1jan 2016 =cost -depreciation
= 60000-6000= $ 54000
New cost after major repair = 54000+20000= 74000
New life on 1jan 2016: 6 years
depreciation for 2016= [74000-24000]/6
= 50000/6
= 8333.33.
Book value at 1 jan2017 = 74000-8333.33 = $ 65666.67
Depreciation for 2017 = [65666.67-8000]/5
= 11533.33.
Book value at end of 31 December 2017 = Beginning book at 2017 -depreciation for 2017.
= 65666.67-11533.33
= $ 54133.34.
The term deprecation refers to an accounting system used to allocate the cost of a palpable or physical asset over its useful life. deprecation represents how important an asset's value has been used. It allows companies to earn profit from the means they enjoy by paying for them over a certain period of time.
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imagine a 2,000-acre park with picnic benches, trees, and a pond. suppose it is publicly owned, and people are invited to enjoy its beauty. when the weather is nice, it is difficult to find parking, and the trash cans overflow with food wrappers on summer afternoons. otherwise, it is a great place. the park is a common resource because
It's a wonderful site. The park is a shared resource since excessive use by one individual reduces the use by others.
Any limited resource, like water or pasture, that offers consumers measurable advantages but that nobody, in particular, owns or has exclusive claim to, is referred to as a common resource (or the "commons").
Society must find a mechanism to make individual resource users consider the costs they impose on other users in order to ensure the efficient use of a shared resource. The essential idea behind this is the same as the one used to persuade people to internalize a harmful consequence of their behavior.
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which of the following are examples of systematic risk? multiple select question. future rates of inflation labour strikes regulatory changes in tax rates an increase in competition in the industry
Examples of systematic risk are
-future rates of inflation-regulatory changes in tax ratesOptions A and C
What is systematic risk?Generally, In the fields of finance and economics, the concept of systematic risk refers to the sensitivity of an organization to occurrences that have an effect on aggregate outcomes, such as total economy-wide resource holdings or aggregate revenue.
A market or market sector is said to have a systemic risk if it carries a risk that is intrinsic to the market as a whole.'
Systematic risk, which may also be referred to as "undiversifiable risk," "volatility," or "market risk," is a danger that impacts the whole market and not simply a single stock or industry.
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19 a project will give a one-time cash flow of $24000 after one year. if the project risk requires a return of 11%, what is the levered value of the firm with perfect capital markets? a.$ 17,297 b.$ 25,946 c.$ 21,622 d. more information needed
The levered value of the firm with perfect capital markets is $21,622.
What is capital?Capital is a broad term for anything that gives value or utility to its owner. For example: Factories and their machinery, intellectual property such as patents, or financial assets of companies and individuals. While money itself can be interpreted as capital, capital is more commonly associated with cash used for production and investment purposes. In general, capital is a key factor in running a business on a day-to-day basis and funding future growth. When budgeting, businesses of all types typically focus on three types of capital: working capital, equity and debt. One financial services firm recognizes trading capital as his fourth factor.To learn more about capital from the given link :
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if the physician believes that the insurance company will pay only $185.00 of the $225.00 fee, how should
The physician must notify the patient that they will be charged an additional $70.00 once the insurance company pays the claim and bill the insurance company for $255.00.
Who is a physician?A physician, often known as a doctor, is a medical professional who focuses on promoting, maintaining, or restoring health through the investigation, diagnosis, prognosis, and treatment of illness, trauma, and other physical and mental impairments. A physician can decide to perform general practice, which involves offering ongoing, comprehensive medical care to individuals, families, and communities, or they can choose to specialize in treating specific diseases, patient demographics, and therapy methods. The science of medicine and the art or craft of medicine both call for a respectable level of expertise in its practical application. Correct medical practice requires a complete comprehension of the academic subjects, such as anatomy and physiology, underlying illnesses, and their treatment.
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the value frontier is where: group of answer choices only low-end products are available. technology makes all the difference. the buyer's expectations and the producer's value proposition converge. there is increased capital productivity. none of these answers is correct.
The value frontier is often defined as the point where the buyer’s expectations and the producer’s value proposition converge.
Prices of production is a concept in Karl Marx's critique of the political economic system, described as "cost-price + average earnings".
A production fee can be the notion of as a kind of delivery price for merchandise; it refers to the price levels at which newly produced items and services might be sold by way of the manufacturers, to be able to reach a regular, average income charge on the capital invested to provide the products (not similar to the profit on the turnover).
The significance of those fee degrees is, that quite a few other fees are based totally on them, or derived from them: in Marx's idea, they decide the fee shape of capitalist manufacturing.
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Explain why firms in a monopolistically competitive market may be able to charge slightly different prices while prices will be identical in a perfectly competitive market.
Firms in a monopolistically competitive market may be able to charge slightly different prices while prices will be identical in a perfectly competitive market because the former has many small buyers and many sellers, has no barriers, and has differentiated products while the latter has restrictions on exit and the demand-supply outputs and inputs are perfectly elastic.
A market that is monopolistically competitive combines the characteristics of monopolies and perfectly competitive markets, however monopolistic enterprises are nevertheless allowed to set their own prices because they create differentiated products from their competitors.
In monopolistic competition, businesses can charge whatever the public is willing to pay for their products, and they also want as many customers as possible to perceive that their products and services are superior to those of competing firms.
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the horizontal revolution is characterized by the fact that . a. only companies can communicate with huge numbers of people. b. only governments can communicate with huge numbers of people. c. information flows from big companies down to the people. d. information flows from governments down to big companies. e. information flows across people.
The horizontal revolution is characterized by the fact that information flows across people. Option (e) is correct.
Social media, in its most basic sense, is a group of computer-mediated technologies that make it simple for individuals to access, send, and exchange information of all kinds. According to Tuten and Solomon (2014), social media refers to "the means of communication, conveyance, collaboration and nurturing among interconnected and interdependent networks of individuals and communities using the new technology."
They refer to this information transfer from major corporations or governments to a sizable population as a horizontal revolution. This transfer occurs with the click of a keypad.
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Which of the following rain-related losses WOULD be covered under this renters insurance policy?
Your laptop is ruined because you left your window open during a moderate rain shower
Your mattress is ruined because part of the apartment’s roof blew off during a major rainstorm, creating a stream of water landing directly on your bed
Your carpet is ruined because your roommate negligently left her wet boots, umbrella, and raincoat sitting in a pile on the rug all afternoon
You lose a day’s wages because a horrible rainstorm makes it impossible to get to your job
The statement that i rain-related losses WOULD be covered under this renters insurance policy is Your mattress is ruined because part of the apartment’s roof blew off during a major rainstorm, creating a stream of water landing directly on your bed.
What is insurance?Insurance can be described as the act insuring your property as well as other things with the insurance company and you will be paying some agreed premium on it.
It should be noted that there arer some things that cn not be covered by the insurance company such as when rainstorm affect your mattress.
Therefore, the second option is correct.
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hat is the present value of a $100 perpetuity if the interest rate is 7%? if interest rates doubled to 14%, what would its present
Present value $1428.57 and $714.28 if the interest rate is 7% if interest rates doubled to 14%.
What is present value extremely important?The ability for investors to evaluate values across time makes present value crucial. PV can assist investors in evaluating the potential financial gains from present liabilities and assets. Investors can compute the present value of a security based on its expected future returns, which is used in fields like financial forecasting, stock valuation, or bond pricing.
Briefing:Perpetuity value = $100
Interest rate = 7% = 0.07
Interest rate = 14% = 0.14
solution
we get her present value that is express a
present value = perpetuity / rate ............1
put here value for rate 7% and 14%
present value = 100 / 0.07
present value = $1428.57
and
present value = 100 / 0.14
present value = $714.28
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the panic of 1819: group of answer choices resulted partly from an upsurge in european demand for american farm products that the united states was unprepared to meet. led to impossibly high prices for western lands. prompted some states to suspend debt collections, which helped debtors but hurt creditors. enhanced trust in banks because they did such a good job of weathering the economic storm.
The Panic of 1819 was the result of over-speculation on newly available western lands, which led to high prices on land and banks foreclosing on western lands. It caused an international financial crisis.
The panic of 1819:
a. was partially caused by an increase in the demand for American farm products in Europe, which the United States was ill-equipped to meet.
b. caused western land prices to skyrocket.
c. increased trust in banks as a result of their excellent handling of the economic crisis.
d. led to the suspension of debt collection efforts in some states, which benefited debtors but hurt creditors.
e. motivated John Marshall's decision in Gibbons v. Ogden to side against the banking power.
The Second Bank of the United States (SBUS), which was heavily involved in these inflationary practices, started sharply reducing the amount of loans made by its western branches in 1818 in order to make up for its lax approach to controlling the state bank credit market. The state-chartered banks started foreclosing on the heavily mortgaged farms and commercial properties they had financed after the SBUS presented them with their own banknotes for redemption and they failed to provide gold specie from their reserves. A sudden increase in European agricultural production in 1817 and the ensuing financial panic both resulted in widespread bankruptcies and high unemployment.
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The accompanying dataset provides data on monthly unemployment rates for a certain region over four years. Compare 3- and 12-month moving average forecasts using the mad criterion. Which of the two models yields better results? explain.
In this instance, the MAD value of the 3-month moving average is less than that of the 12-month moving average. Therefore, the 3-month moving average forecasting method yields the best results.
Forecasts using a 3-month moving average:
How to calculate the moving average in Excel, step-by-step:
Rates data should be entered into an Excel sheet.Access DataThen select Data Analysis.Click "Moving Average" and then "OK."Choose the rates column under "Input Range."Type 3 for Interval.Click "OK."Excel Result:
Rate(Actual) forecast Error = (Actual − Forecast)
7.7 #N/A
8.4 #N/A
8.6 8.233333 0.366667
8.8 8.6 0.2
9.2 8.866667 0.333333
9.4 9.133333 0.266667
9.4 9.333333 0.066667
9.7 9.5 0.2
9.8 9.633333 0.166667
9.9 9.8 0.1
9.9 9.866667 0.033333
9.7 9.833333 0.133333
9.8 9.8 0
9.9 9.8 0.1
9.8 9.833333 0.033333
10.1 9.933333 0.166667
9.7 9.866667 0.166667
9.6 9.8 0.2
9.7 9.666667 0.033333
9.6 9.633333 0.033333
9.6 9.633333 0.033333
9.4 9.533333 0.133333
9.7 9.566667 0.133333
9.1 9.4 0.3
8.9 9.233333 0.333333
8.8 8.933333 0.133333
8.9 8.866667 0.033333
9.1 8.933333 0.166667
9.2 9.066667 0.133333
9.1 9.133333 0.033333
9.2 9.166667 0.033333
8.9 9.066667 0.166667
9.1 9.066667 0.033333
8.7 8.9 0.2
8.4 8.733333 0.333333
8.4 8.5 0.1
8.4 8.4 0
8.2 8.333333 0.133333
8.1 8.233333 0.133333
8.1 8.133333 0.033333
8.3 8.166667 0.133333
8.1 8.166667 0.066667
8.4 8.266667 0.133333
8.3 8.266667 0.033333
7.8 8.166667 0.366667
7.8 7.966667 0.166667
7.8 7.8 0
7.9 7.833333 0.066667
∑Error = 6.166667
Therefore, MAD = ∑Error / Number of Errors
MAD = 6.166667 / 40 = 0.134
Forecasts using a 12-month moving average:
How to calculate the moving average in Excel, step-by-step:
Rates data should be entered into an Excel sheet.Access DataThen select Data Analysis.Click "Moving Average" and then "OK."Choose the rates column under "Input Range."Enter 12 for Interval.Click "OK."Excel Result:
Rate(Actual) forecast Error = (Actual − Forecast)
7.7 #N/A
8.4 #N/A
8.6 #N/A
8.8 #N/A
9.2 #N/A
9.4 #N/A
9.4 #N/A
9.7 #N/A
9.8 #N/A
9.9 #N/A
9.9 #N/A
9.7 9.208333 0.491667
9.8 9.383333 0.416667
9.9 9.508333 0.391667
9.8 9.608333 0.191667
10.1 9.716667 0.383333
9.7 9.758333 0.058333
9.6 9.775 0.175
9.7 9.8 0.1
9.6 9.791667 0.191667
9.6 9.775 0.175
9.4 9.733333 0.333333
9.7 9.716667 0.016667
9.1 9.666667 0.566667
8.9 9.591667 0.691667
8.8 9.5 0.7
8.9 9.425 0.525
9.1 9.341667 0.241667
9.2 9.3 0.1
9.1 9.258333 0.158333
9.2 9.216667 0.016667
8.9 9.158333 0.258333
9.1 9.116667 0.016667
8.7 9.058333 0.358333
8.4 8.95 0.55
8.4 8.891667 0.491667
8.4 8.85 0.45
8.2 8.8 0.6
8.1 8.733333 0.633333
8.1 8.65 0.55
8.3 8.575 0.275
8.1 8.491667 0.391667
8.4 8.425 0.025
8.3 8.375 0.075
7.8 8.266667 0.466667
7.8 8.191667 0.391667
7.8 8.141667 0.341667
7.9 8.1 0.2
∑Error = 12
Therefore, MAD = ∑Error / Number of Errors
MAD = 12 / 37 = 0.324
In this case, the 3-month moving average's MAD value is lower than the 12-month moving average's MAD value. Consequently, the 3-month moving average forecasting approach produces the greatest outcomes.
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boersma sales, incorporated, a merchandising company, reported sales of 7,100 units in september at a selling price of $682 per unit. cost of goods sold, which is a variable cost, was $317 per unit. variable selling expenses were $44 per unit and variable administrative expenses were $22 per unit. the total fixed selling expenses were $157,200 and the total administrative expenses were $338,000. the contribution margin for september was:
The total selling expenses were $338,000then the contribution margin for September was $2,591,500
Gross Margin = Revenue - Cost of goods sold
= (7100 × 682) — (7100 × 317) =
= 2,591,500
Only the cost of items sold is deducted from sales in order to calculate gross margin. All variable expenses are subtracted from revenue to calculate contribution margin .The money left over after sales after paying all variable costs related to producing a product is a company's contribution margin, often known as the gross margin. Your net income, or profit, is obtained by deducting fixed costs from your contribution margin, such as rent, equipment leases, and employee pay.
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short- and long-run equilibrium ii. if the economy is in short-run macroeconomic equilibrium at e1, it is in a(n):
Short- and long-run equilibrium ii. if the economy is in short-run macroeconomic equilibrium at e1, it is in an inflationary gap.
A macroeconomic concept known as the inflationary gap quantifies the discrepancy between the real gross domestic product (GDP) at the current level and the GDP that would exist if the economy were experiencing full employment.
When demand for goods and services outpaces supply due to elements like higher levels of overall employment, increasing trade activity, or higher government spending, there is an inflationary gap.
In light of this, there may be an inflationary gap if the real GDP exceeds the potential GDP. The inflationary gap is so named because an economy's increased consumption as a result of the relative gain in real GDP eventually drives up prices.
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research indicates that high-performance teams are much more likely to develop when the manager hand-selects team members. True False
The given statement is true, that high-performance teams are much more likely to develop when the manager hand-selects team members.
What holds true for high-achieving teams?Teams that work well together have similar goals, objectives, and priorities. To ensure that their efforts result in success, they establish team and personal goals that complement this common vision.
In order for everyone to know exactly what they need to do and how to get there, goals must not only be aligned, but also clearly defined. The hand-picking of team members by the manager increases the likelihood of high-performance teams developing.
Therefore, it is true.
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question content area a check for $342 was erroneously charged by the bank as $432. in order for the bank reconciliation to balance, you must add $90 to the bank statement balance. true false
In order for the bank reconciliation to balance, you must add $90 to the bank statement balance - True
A bank statement is a document that is delivered by a bank at the end of the month, detailing the balance of our accounts as well as any transactions that have occurred. Usually, the bank automatically withholds and processes the fees from the bank account. Therefore, any costs deducted from the account must be recorded by creating a journal entry when creating a bank reconciliation statement.
In the bank reconciliation statement, Interest earned is another factor that needs to be adjusted. In the example, the bank mistakenly charged $342 as $432, so the balance will be corrected by adding $90 to ensure that the final accounts are accurate.
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