Answers
Market expansion and access to goods and services that would not otherwise be available locally are made possible through international commerce. The market is more cutthroat because of global trade.
Which cultural effects does commerce have?Through cultural interchange, cultures are impacted when nations start or grow commerce. Cultural exchange is the process of passing along ideas from one culture to another, including religious doctrines, worldviews, concepts, and modern technologies. In economic connections, cultural interchange is unavoidable.
Why are cultural exchanges so vital?The link between creativity and globalisation is seen to be formed via cultural exchange. Emerging market economies may be able to gain from both thanks to the equally distributed creative talent.
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Answer:
Outsourcing, cultural imperialism, oppose
Explanation:
i got it correct.
Related Questions
Estela Company produces skateboards and scooters. Their pet unit selling prices and variable costs follow. Skateboards require 2 machine hours per unit. Scooters require 3 machine hours per unit.
Answers
The company produces skateboards and scooters.
Contribution Margin per Unit $80 (Skateboard) $90 (Scooters)
Contribution Margin per Machine Hour $40 (Skateboard) $30 (Scooters)
Calculation of Estela Company:
Contribution Margin per Unit = Sales - Variable cost
Skateboard Scooters
(a) Contribution Margin per Unit $80 $90
= $200-$120 = $400 - $310
Contribution Margin per Machine Hour = Contribution Margin per Unit / Machine Hour per unit
Skateboard Scooters
(b) Contribution Margin per Machine Hour $40 $30
=$80/2 machine hour $90/3 machine hour
As a result, the significance of the company produces skateboards and scooters are the aforementioned.
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For a state trial court to have the power to decide a civilcase, it could have:1 All of the choices are correct.2 quasi in-rem jurisdiction.3 in rem jurisdiction.4 in personam jurisdiction.
Answers
For a state trial court to have the power to decide a civil case, it could have all of the choices correct, which include quasi-in-rem jurisdiction, in-rem jurisdiction, and in-personam jurisdiction.
1. In personam jurisdiction: This type of jurisdiction refers to a court's power over the parties involved in the case. In a civil case, the court must have authority over the defendant to issue a binding judgment.
In personam jurisdiction can be established if the defendant is a resident of the state, has sufficient contacts with the state, or has been properly served while in the state.
2. In rem jurisdiction: This refers to a court's power over the subject matter of the dispute, specifically, property located within the state's boundaries. If the case involves a dispute over the ownership or rights to a specific piece of property, the court must have jurisdiction over the property itself to decide the case.
3. Quasi-in-rem jurisdiction: This type of jurisdiction is a combination of in-personam and in-rem jurisdiction. Quasi-in-rem jurisdiction allows a court to have power over a defendant's property within the state, even if the property is not directly involved in the dispute.
This is often used to satisfy a judgment when the defendant has insufficient personal contacts with the state for in-personam jurisdiction.
In summary, a state trial court can have the power to decide a civil case if it has jurisdiction over the parties (in personam jurisdiction), the subject matter of the dispute (in rem jurisdiction), or the defendant's property within the state (quasi-in-rem jurisdiction). All of these choices are correct.
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A company recognizes an expense when it
OA. records the amount in its financial records
OB. sells the good or service involved in the expense
OC. makes the purchase involved in the expense
OD. records the transaction in the vendor file
SUB
Answers
In accounting, the company recognizes an expense when it records the amount in its financial records. The Option A.
When does a company recognize an expense?Expenses are mostly recognized by a company when they are incurred most especially when the payment is made. This means that an expense is recognized when the goods or services related to it are consumed or utilized or when asset loses value.
In accounting terms, expenses are recorded in the financial records through the use of the matching principle which requires that expenses be recognized in the same period as the revenue they help generate. This ensures that a company's financial statements accurately reflect the true profitability of the business.
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If you invest $350 once every quarter starting one quarter from now at 8%, approximately how much will you have at the end of five years?
Answers
You would have approximately $556.98 at the end of five years, if the amount of $350 is invested.
Assuming that the interest is compounded quarterly and the investment is made at the end of each quarter, you would make a total of 20 investments over the five-year period.
Using the formula for compound interest, which is:
A = P (1 + r/n)^(nt)
where,
A = the future value of the investment
P = the principal (the amount of the investment)
r = the annual interest rate (as a decimal)
n = the number of times interest is compounded per year
t = the number of years
In this case:
P = $350
r = 0.08 (8%)
n = 4 (since interest is compounded quarterly)
t = 5
Plugging in these values, we get:
A = $350 (1 + 0.08/4)^(451)
A = $350 (1.02)^20
A = $556.98
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Who must report goods for export?
Answers
Answer:
exporters,carriers and custom service providers
Explanation:
the following classes of persons are required to report goods that are exported:
(a) exporters;
a person, country, or company that sends goods or services to another country for sale.
(b) carriers; and
a person or thing that carries, holds, or conveys something.
(c) customs service providers.
Customs clearance for goods is handled by a customs broker, who also makes sure that all import/export laws are followed.
If the United States is currently importing 14 million barrels per day at a world price of $4.00 per unit (the entire amount consumed), what is the effect on imports of a tax equal to $8.00 per unit? Part 2 1.) Using the line drawing tool, help determine the quantity of U.S. crude oil imports after the $8.00 per-unit tax by drawing a horizontal line at the price paid by U.S. consumers.Using the point drawing tool, determine quantity demanded at the price paid by U.S. consumers after the imposition of the import tax
Answers
The horizontal line drawn at the price paid by U.S. consumers after the imposition of the tax should be shifted up by $8.00 per unit, as the price of the imported crude oil will increase by $8.00 due to the tax.
What is tax?Tax is a financial charge or other levy imposed upon a taxpayer by a state or the functional equivalent of a state such as a local government to fund various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labour equivalent. The legal definition and the economic definition of taxes differ in that economists do not consider many transfers to governments to be taxes. For example, some transfers to the public sector are comparable to prices. Examples include tuition at public universities and fees for utilities provided by local governments. Governments also obtain resources by creating money and coins, through voluntary gifts, by imposing penalties, by borrowing, and by confiscating wealth.
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You are appointed as a training consultant of a small medium sized organization to run a training programme. Which budget items costs would you include and exclude in your training budget for 10 salespeople, considering, that you will be offering in person classes
Answers
The included and the excluded budget have been ;listed below
The budget that would be included are:Instructor fees: The cost of hiring an experienced and qualified instructor to teach the training course.Venue rental: The cost of renting a suitable venue that is equipped with training facilities such as audio-visual equipment, whiteboards, and seating arrangements.Training materials: The cost of providing training materials such as handouts, workbooks, and textbooks.Travel and accommodation expenses: The cost of travel and accommodation for the instructor if they are coming from outside the city.The excluded budget would be:
Salaries of salespeople: The salaries of the salespeople should not be included as this is a regular expense for the organization.Equipment purchase: If the organization already has the necessary equipment for the training sessions, then there is no need to include equipment purchase costs in the budget.Overhead expenses: Overhead expenses such as electricity bills and rent should not be included in the training budget as they are part of the regular expenses of the organization.Read more on budget here https://brainly.com/question/6663636
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Question
P
Analyse the stock price of Kingston properties limited
between February 1, 2022, and February 1, 2023, and
discuss whether you would recommend selling,
holding or buying this stock. State the reason(s) for
your selection.
Answers
To be able to make an informed decision in regards to if one wants to to buy, hold, as well as sell a stock, it is seen as a vital note to carry out good research as well as analysis of a lot of factors, such as the financial performance of the firm , its competitiveness with others, etc.
What is the stock price?If a person wants to analyze the stock price of a firm, there are some forms of common methods to use such as =technical analysis, and this is one that entails studying a lot of historical price patterns as well as trends, and that of fundamental analysis.
Therefore, it involves looking at the firm's financial statements, as well as their earnings growth, valuation metrics, and any kind of document such as key financial indicators.
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Convers Corporation (calendar year-end) acquired the following assets during the current tax year: (ignore §179 expense and bonus depreciation for this problem): (Use MACRS Table 1, Table 2 and Table 5.)
Asset Date Placed in Service Original Basis
Machinery October 25 $ 112,000
Computer equipment February 3 52,000
Delivery truck* March 17 65,000
Furniture April 22 192,000
Total $ 421,000
*The delivery truck is not a luxury automobile.
In addition to these assets, Convers installed qualified real property (MACRS, 15 year, 150% DB) on May 12 at a cost of $720,000.
a. What is the allowable MACRS depreciation on Convers's property in the current year assuming Convers does not elect §179 expense and elects out of bonus depreciation?
Answers
Following the depreciation accounting approach, the cost of an item is spread out over its useful life.
a. Calculation of the allowable MACRS depreciation in the current year-
Machinery- October 25 with 112,000$ ( 14.29%)
Computer equipment- February 3 with 52,000$ ( 20.00%)
Delivery truck* - March 17 with 65,000$ ( 20.00%)
Furniture- April 22 with 192,000$( 14.29%)
Qualified improvement - May 12 with $720,000 (1.605%)
So, the total amount on original basis would be= 493,000$.
In the brackets we have rates at which depreciation is charged-
Now, we take out depreciation and add them-
= 16004.8 + 10,400 + 13000+ 27,436.8 + 11,556
= 78,397.6$
Hence, the allowable MACRS depreciation on Convers's property in the current year is 78,367.6$.
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Golden glow (Pty) Ltd is a retailer of industrial machinery. The machinery sold by Golden glow (Pty) Ltd is purchased from
local manufacturers. In recent years, Golden glow has also started manufacturing machines for the retail market. Golden
glow has two retail outlets: one in Durban and one in Johannesburg. The manufacturing operation as well as bulk storage of
stock is housed in a building in Johannesburg. The following information is provided for the year ended 28 February 2023.
Sales
Purchases at cost:
Machines for retail
Components for the manufacturing process
Consumable stores
A new manufacturing machine (for use in the manufacturing process
Spare parts for the manufacturing machine
In June 2022, Golden glow (Pty) Ltd removed on of the machines that it had acquired for
resale from stock and installed it in the factory for use in the manufacturing process. The
machine had been acquired in March 2022 for R100 000. At the time that it was take out of
stock, the machine's market value was R130 000.
Opening stock on hand at 1 March 2022 was as follows:
Machines for retail
Work in progress (i.e. machines being manufactured)
Consumable stores
Labour and direct overhead costs in respect of the manufacturing process
Stock on hand (at cost) at 28 February 2023 comprised:
Machines acquired for retail
A certain model of machine was considered to be obsolete. There were two such machines
on hand. The machines had cost R20 000 each. The commissioner will allow these
machines to be reflected at 50% of their cost.
Work in progress
Components used
Labour and direct overheads
Spare parts
Consumable stores
Other tax allowances and deductions of for the year.
R25 000 000
Purchase of a new printer for cash
(Purchased and brought into use on 30 June 2022).
Delivery and transport charges
Installation costs.
R10 000 000
R2 000 000
R500 000
R200 000
R30 000
Question 1
R2 000 000
R500 000
R20 000
R4 000 000
R1 220 000
R28 000
R22 000
R30 000
R150 000
(The installation costs were incurred when an electrical power point had to be relocated to
provide power to the printer.)
Foundation alterations
(Strengthening floor to hold the weight of the printer)
The company commenced with the erection of its own factory on 1 December 2022. At 29
Required:
Compute Golden glow (Pty) Ltd's taxable income for the year ended 28 February 2023
R2 800 000
R32 000
February 2023 (the company's year-end), R3 000 000 (excluding VAT) had been incurred on
the construction of the factory.
R1 000
R750
The factory was completed on 31 December 2023 at a total cost of R18 000 000 (excluding
VAT). Juba Ltd used the factory for the first time in January 2023.
R1 500
The company registered its environmentally friendly logo as a trade mark to be included on R38 800
all future product packaging.
As Sets
(30 Marks)
Solution
Answers
The computations for the Golden glow (Pty) Ltd's taxable income for the year ended 28 February 2023 are as follows:
What are the taxable income for the Golden glow (Pty)?Below are the taxable incomes:
Sales for the year ended 28 February 2023:
R25 000 000
Purchases at cost:
Machines for retail: R2 000 000
Components for the manufacturing process: R500 000
Consumable stores: R20 000
Total purchases: R2 520 000
Cost of goods sold:
Opening stock:
Machines for retail: R1 220 000
Work in progress: R28 000
Consumable stores: R22 000
Total opening stock: R1 270 000
Add: Purchases during the year: R2 520 000
Less: Closing stock:
Machines for retail: R1 500 000
Work in progress: R30 000
Components used: R750
Labour and direct overheads: R38 800
Spare parts: R150 000
Consumable stores: R1 220
Obsolete machines: R20 000 x 2 x 50% = R20 000
Total closing stock: R1 741 770
Cost of goods sold: R2 048 230
Gross profit: R22 951 770
Other income:
Tax allowances and deductions: R32 000
Total income: R22 983 770
Expenses:
Delivery and transport charges: R10 000 000
Installation costs (including foundation alterations): R2 200 000
Depreciation on machinery (excluding the machine transferred to manufacturing): R4 000 000 / 5 = R800 000
Depreciation on the new printer: (R2 000 000 + R500 000 + R30 000) / 5 = R506 000
Total expenses: R12 506 000
Taxable income: R10 477 770
It is worthy of note that:
The cost of new production machines is not taken into account. Labor costs and direct and indirect costs related to the production process per year are included in the cost of sales. The cost of building the plant is considered separately as a capital cost and is not included.learn more about taxable income: https://brainly.com/question/1160723
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Leadership and Management Case Study
Laura is the Associate Director of a non-profit agency that provides assistance to children and families. She is the head of a department that focuses on evaluating the skill-building programs the agency provides to families. She reports directly to the agency leadership. As a whole, the agency has been cautious in hiring this year because of increased competition for federal grant funding. However, they have also suffered high staff turnover. Two directors have left, as well as three key research staff, and one staff person from the finance department.
Laura has a demanding schedule that requires frequent travel; however, she supervises two managers, who in turn are responsible for five staff members each. Both managers have been appointed within the last six months.
Manager 1: Kelly has a specific background in research. She manages staff who provide research support to another department that delivers behavioral health services to youth. Kelly supports her staff and is very organized; however, she often takes a very black and white view of issues. Upper level leadership values Kelly’s latest research on the therapeutic division’s services. Kelly is very motivated, driven, and expects the same from her staff.
Manager 2: Linda has a strong background in social science research and evaluation. She manages staff that work on different projects within the agency. She is known as problem solver and is extremely supportive of her staff. She is very organized and has a wealth of experience in evaluation of family services. Linda is very capable and can sometimes take on too much.
The managers are sensing that staff are becoming over-worked as everyone takes on increased responsibilities due to high staff turnover. Staff have also mentioned that Laura’s “glass half-empty” conversation style leaves them feeling dejected. In addition, Laura has not shared budgets with her managers, so they are having difficulty appropriately allocating work to staff. Laura said she has not received sufficient information from the finance department to complete the budgets. The finance department said they have sent her all the information they have available.
As staff become distressed, the managers are becoming frustrated. They feel like they are unable to advocate for their staff or problem solve without key information like the departmental budget.
Answers
Laura, the Associate Director of a non-profit agency, must balance her leadership and management skills to address staff turnover, workload issues, and communication problems. Steps such as open communication, providing necessary information and support, and prioritizing staff well-being can build staff confidence.
Laura can use her management skills to ensure that her managers have access to the necessary information and resources to properly allocate work to their staff. She can also use her leadership skills to improve communication with staff and create a more positive work environment.
A combination of both management and leadership skills would be ideal in this setting. To build staff confidence, Laura can implement measures such as regular feedback and recognition, providing training opportunities, involving staff in decision-making, and addressing their concerns and needs.
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--The given question is incomplete, the complete question is given
" Leadership and Management Case Study
Laura is the Associate Director of a non-profit agency that provides assistance to children and families. She is the head of a department that focuses on evaluating the skill-building programs the agency provides to families. She reports directly to the agency leadership. As a whole, the agency has been cautious in hiring this year because of increased competition for federal grant funding. However, they have also suffered high staff turnover. Two directors have left, as well as three key research staff, and one staff person from the finance department.
Laura has a demanding schedule that requires frequent travel; however, she supervises two managers, who in turn are responsible for five staff members each. Both managers have been appointed within the last six months.
Manager 1: Kelly has a specific background in research. She manages staff who provide research support to another department that delivers behavioral health services to youth. Kelly supports her staff and is very organized; however, she often takes a very black and white view of issues. Upper level leadership values Kelly’s latest research on the therapeutic division’s services. Kelly is very motivated, driven, and expects the same from her staff.
Manager 2: Linda has a strong background in social science research and evaluation. She manages staff that work on different projects within the agency. She is known as problem solver and is extremely supportive of her staff. She is very organized and has a wealth of experience in evaluation of family services. Linda is very capable and can sometimes take on too much.
The managers are sensing that staff are becoming over-worked as everyone takes on increased responsibilities due to high staff turnover. Staff have also mentioned that Laura’s “glass half-empty” conversation style leaves them feeling dejected. In addition, Laura has not shared budgets with her managers, so they are having difficulty appropriately allocating work to staff. Laura said she has not received sufficient information from the finance department to complete the budgets. The finance department said they have sent her all the information they have available.
As staff become distressed, the managers are becoming frustrated. They feel like they are unable to advocate for their staff or problem solve without key information like the departmental budget.
How can Laura most effectively use both management and leadership skills in her role as associate director? What combination of the two do you think would work best in this setting?
What steps could be taken to build staff confidence?"--
AC services provide Air Conditioner maintenance throughout Selangor. The company bases its
overhead cost budgets on the following data:
Budget Price and Expenses
Price of Services RM150 per Service
Variable overhead costs:
Cleaning 30 per Service
Maintenance 10 per Service
Outdoor Expense 20 per Service
Fixed overhead costs:
Salaries and wages 10,000 per month
Depreciation 3,000 per month
Utilities 1,000 per month
Premise Rent 5,000 per month
In January, the following actual costs were incurred for 260 services provided:
Cleaning 5,500
Maintenance 2,580
Outdoor Expenses 2,210
Salaries and wages 11,800
Depreciation 3,500
Utilities 650
Rent 5,000
Due to an unanticipated surge in demand for services in the month of January, the company purchased some equipment to provide faster services. Competition in the market has forced AC Services to reduce the price charged to customers to RM120 for each service.
a. Prepare the Net Operating Income for the Budget and the Actual services.
(10 Marks)
b. Prepare a variance analysis report for AC Services for the month of January.
(10 Marks)
c. To improve situation, AC Services is considering relocating the business and pay less rent to RM3,000. This however will increase the actual outdoor expenses to RM23 per service. Evaluate whether this plan is feasible and suggest some other alternatives to sustain the business.
Answers
Answer:
a. Net Operating Income for the Budget and the Actual services
Explanation:
Budgeted revenue for 260 services = RM150 x 260 = RM39,000
Variable overhead costs = (Cleaning + Maintenance + Outdoor Expense) x Number of services
= (RM30 + RM10 + RM20) x 260 = RM15,600
Fixed overhead costs = Salaries and wages + Depreciation + Utilities + Premise Rent
= RM10,000 + RM3,000 + RM1,000 + RM5,000 = RM19,000
Net operating income for the budgeted services = Budgeted revenue - Variable overhead costs - Fixed overhead costs
= RM39,000 - RM15,600 - RM19,000 = RM4,400
Actual revenue for 260 services = RM120 x 260 = RM31,200
Variable overhead costs for actual services = Cleaning + Maintenance + Outdoor Expense
= RM5,500 + RM2,580 + RM2,210 = RM10,290
Fixed overhead costs for actual services = Salaries and wages + Depreciation + Utilities + Rent
= RM11,800 + RM3,500 + RM650 + RM5,000 = RM21,950
Net operating income for the actual services = Actual revenue - Variable overhead costs - Fixed overhead costs
= RM31,200 - RM10,290 - RM21,950 = RM(40)
Therefore, AC Services incurred a net loss of RM40 for the actual services provided in January.
b. Variance analysis report for AC Services for the month of January
Revenue variance = Actual revenue - Budgeted revenue
= RM31,200 - RM39,000 = RM(7,800) (unfavorable)
Variable overhead cost variance = Actual variable overhead cost - Budgeted variable overhead cost
= RM10,290 - RM15,600 = RM(5,310) (favorable)
Fixed overhead cost variance = Actual fixed overhead cost - Budgeted fixed overhead cost
= RM21,950 - RM19,000 = RM2,950 (unfavorable)
Total overhead cost variance = Variable overhead cost variance + Fixed overhead cost variance
= RM(5,310) + RM2,950 = RM(2,360) (favorable)
Net income variance = Actual net operating income - Budgeted net operating income
= RM(40) - RM4,400 = RM(4,360) (unfavorable)
c. To evaluate the feasibility of relocating the business and paying less rent, we need to calculate the new net operating income based on the given information:
Variable overhead costs = (Cleaning + Maintenance + Outdoor Expense) x Number of services
= (RM30 + RM10 + RM23) x 260 = RM17,580
Fixed overhead costs = Salaries and wages + Depreciation + Utilities + Premise Rent
= RM10,000 + RM3,000 + RM1,000 + RM3,000 = RM17,000
Net operating income for the actual services = Actual revenue - Variable overhead costs - Fixed overhead costs
= RM31,200 - RM17,580 - RM17,000 = RM(2,380)
Therefore, relocating the business and paying less rent is not a feasible solution as it would lead to a net loss of RM2,380. Some other alternatives to sustain the business could be increasing the price of services, increasing the number of services provided, or reducing the variable overhead costs by finding more efficient ways to clean and maintain air conditioners.
Question 4 (15 Marks)
Sampi CC managed by Shapi and Haingura was incorporated on 1 March 2010 with each member
contributing N$400 000 each. The members share profit and losses equally. The business deal with
horticultural commodities. The financial year ends on 30 April each year.
Sampi CC post-adjustment trial balance at 30 April 2022 is as follows:
DR CR
Member’s contribution 800 000
Undrawn profit: 30 April 2021 120 000
Accounts payable 80 000
Accounts receivable 120 000
Furniture& Equipment: Cost 240 000
Accumulated depreciation: Furniture& Equipment 80 000
Land and Buildings (cost) 1 040 000
Accumulated depreciation: Building 80 000
Short-term loan: Shapi 126 000
Short-term loan: Haingura 42 000
Mortgage bond 112 000
Profit or loss 80 000
Inventory 100 000
Bank 20 000
1 520 000 1 520 000
i. Shapi and Haingura have decided to distribute N$4 000 to themselves. This had been
erroneously debited to Profit and Loss account but credit correctly to their short-term loan
accounts. Shapi and Haingura withdrew their funds before the year end.ii. The members had contributed N$25 000 each during the year but this entry was completely
omitted.
REQUIRED:
1. Prepare the statement of financial position as at 30 April 2022. (10 Marks)
2. Explain the statutory requirements in respect of the appointment and duties of the
Accounting Officer in close corporations. (5 Marks)
Answers
Total Liabilities 356,000
Total Current Assets 290,000
How to solveCurrent Assets
Accounts receivable 120,000
Inventory 100,000
Bank 70,000
Total Current Assets 290,000
Total Assets 1,410,000
Liabilities
Non-Current Liabilities
Mortgage bond 112,000
Current Liabilities
Accounts payable 80,000
Short-term loan: Shapi 124,000
Short-term loan: Haingura 40,000
Total Current Liabilities 244,000
Total Liabilities 356,000
Equity
Member's contribution 850,000
Undrawn profit 120,000
Profit or loss 84,000
Total Equity 1,054,000
Total Liabilities and Equity 1,410,000
Explain the statutory requirements in respect of the appointment and duties of the Accounting Officer in close corporations. (5 Marks)
In close corporations, the Accounting Officer has specific statutory requirements and duties as stipulated by the relevant legislation. Some of these requirements and duties include:
a. Appointment: A close corporation must appoint an Accounting Officer within a specified period, usually within the first year of operation. The Accounting Officer must be a member of a recognized professional accounting body and must have the necessary qualifications and experience to perform their duties.
b. Duties: The Accounting Officer is responsible for ensuring that the close corporation maintains proper accounting records and that the financial statements fairly present the financial position and performance of the business. They must also ensure that the financial statements comply with relevant accounting standards and legal requirements.
c. Reporting: The Accounting Officer must provide a report to the members of the close corporation, stating whether the financial statements are in agreement with the accounting records and whether they comply with relevant accounting standards and legal requirements.
d. Compliance: The Accounting Officer must ensure that the close corporation complies with all relevant tax and statutory regulations, including the timely submission of financial
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what are capital gains
Answers
Global steel prices have a year-over-year inflationary rate increase of 12.4 percent. Tube Fab purchased $700,000 of a particular carbon steel during the year just ended right now, and they intend to purchase the same quantity at the end of each of the next 5 years. Tube Fab earns a real rate of 16 percent on their money.
The following is the cash flow for constant value rate analysis. Determine the constant value amounts they will pay for steel at the end of each of the next 5 years and fill in the correct cash flow below.
The following is the cash flow for Then- current rate analysis. Determine the then-current amounts they will pay for steel at the end of each of the next 5 years and fill in the correct cash flow below.
Determine Tube Fab’s PW of expenditures over the next 5 years using then-current dollars.
Determine Tube Fab’s PW of expenditures over the next 5 years using constant-value dollars.
Answers
Answer:
Constant Value Rate Analysis:
- Year 1: $700,000
- Year 2: $700,000 * 1.124 = $785,680
- Year 3: $700,000 * 1.124^2 = $881,207.63
- Year 4: $700,000 * 1.124^3 = $989,459.54
- Year 5: $700,000 * 1.124^4 = $1,112,098.26
Cash flow for constant value rate analysis:
| Year | Cash Flow |
|------|-----------|
| 1 | -$700,000 |
| 2 | -$785,680 |
| 3 | -$881,207.63 |
| 4 | -$989,459.54 |
| 5 | -$1,112,098.26 |
Then-Current Rate Analysis:
- Year 1: $700,000 * 1.124 = $786,800
- Year 2: $700,000 * 1.124^2 = $883,530.88
- Year 3: $700,000 * 1.124^3 = $992,245.56
- Year 4: $700,000 * 1.124^4 = $1,115,482.59
- Year 5: $700,000 * 1.124^5 = $1,254,174.71
Cash flow for then-current rate analysis:
| Year | Cash Flow |
|------|-----------|
| 1 | -$786,800 |
| 2 | -$883,530.88 |
| 3 | -$992,245.56 |
| 4 | -$1,115,482.59 |
| 5 | -$1,254,174.71 |
To determine Tube Fab's PW of expenditures over the next 5 years using then-current dollars, we need to find the present value of each cash flow using a discount rate of 16%. Using the PV formula, we get:
PW of expenditures using then-current dollars = -$3,420,921.12
To determine Tube Fab's PW of expenditures over the next 5 years using constant-value dollars, we need to find the equivalent constant annual payment (PMT) over the 5-year period. Using the PMT formula, we get:
PMT = -$651,534
Then, we can calculate the PW of these constant payments using a discount rate of 16%. Using the PV formula and summing up the present values of the constant payments, we get:
PW of expenditures using constant-value dollars = -$2,739,073.50
Discuss various competitive strategies market leaders can use. Give examples.
Answers
Answer:
Check the attached document
Explanation:
Rob placed in service the following property in 2020: 5-year property costing $10,000 in April and 7-year property costing $50,000 in December. No other property was placed in service during the year. Sec. 179 was not elected and Rob elected out of bonus depreciation. 2020 depreciation was:
a. $3,786
b. $4,286
c. $9,143
d. $9,643
e. None of the above
***The answer is B, but I need help finding the number by calculating MACRS manually***
Answers
The total depreciation for 2020 would be $1,000 + $3,572.50 = $4,572.50, which is closest to answer option (B) $4,286.
What is the Section 179 recovery period?Tax legislation presumes bonus depreciation, which for 2021 and 2022 is 100% of the cost of qualified assets with recovery intervals of 3–20 years. From January 1, 2027, bonus percentages drop until they reach zero.
Year 1: ($10,000 x 20.00%) x 6/12 = $1,000
For the 7-year property costing $50,000 placed in service in December, we will also use the half-year convention since it was placed in service during the year.
Using the double-declining balance method, the depreciation for the 7-year property for the first year would be:
Year 1: ($50,000 x 14.29%) x 1/2 = $3,572.50
the total depreciation for 2020 would be $1,000 + $3,572.50 = $4,572.50
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Which statement is false?
1. The eight largest mergers in the United States took place between 2005 and 2015.
2.The largest corporate mergers in the United States took place between 2005 and 2000.
3. There has never been a corporate merger in the United States of over $100 billion.
4. Many of the largest corporate mergers in our history took place during the period 1998–2000.
Answers
The largest corporate mergers in the United States took place between 2005 and 2000 is the statement is false. Hence, option B is correct.
Through a merger, two distinct companies become one new legal entity. Since it's uncommon for two comparable businesses to benefit equally by pooling their resources and personnel, including their CEOs, true mergers are uncommon. Acquisitions, unlike mergers, do not lead to the creation of a new corporation.
Conglomerate mergers, horizontal mergers, market extension mergers, vertical mergers, and product extension mergers are the five most frequently mentioned types of company combinations known as mergers.
Thus, option B is correct.
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Look at the various possible resources of funding below, then answer the questions that follow: ● ● Micro financing Family member / friend Bank e.g. Standard, ABSA Government and Non-Government Organizations e.g. KHULA, Umsobomvu Which resource offers the best interest?
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Answer:
Without further information on the interest rates associated with each resource, it is not possible to determine which resource offers the best interest.
Interest rates can vary depending on several factors, such as the borrower's creditworthiness, the amount of the loan, the repayment period, and the lender's policies. Therefore, it is important to compare the interest rates and terms of each resource to determine which one offers the best deal for the borrower's specific circumstances.
For example, micro financing may offer higher interest rates than banks, but may be more accessible to borrowers who do not meet the banks' eligibility criteria. Similarly, family and friends may offer loans at lower interest rates, but may not be able to provide the same level of funding as government or non-government organizations.
Ultimately, the best resource for funding will depend on the borrower's needs, preferences, and financial situation, as well as the terms and conditions of each resource.
Which is the best measurement to use to determine who might have the absolute advantage?
O high opportunity cost
O low opportunity cost
Olow efficiency
Ohigh efficiency
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Based on the microeconomic concept, and the available option, the best measurement to use to determine who might have the absolute advantage is high efficiency.
What is High Efficiency in businessHigh efficiency is a term that is used to describe the increase in efficiency of a country or firm in producing a certain good.
Generally, it is often described that the higher the efficiency in the production of goods, the higher the absolute advantage.
Also, absolute advantage, in this case, is the ability of an entity to produce a product or service at a lower absolute cost per unit using a smaller number of inputs or a more efficient process than another entity producing the same good or service.
Hence, in this case, it is concluded that the correct answer is option D. High Efficiency.
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Answer:
It's D.
Explanation:
Edge 2020.
Question 2 (9 marks)
(a) City Pacific Airlines has just paid a dividend of $2.50 per share.The company is expected to increase its dividend by 8% next year before starting to reduce the growth rate by 2 percentage points every year (i.e., from 8% to 6% to 4% in each subsequent year) until it reaches the airline industry average of 2%, at which the growth rate will stay forever. What is the price of the stock today given the (yearly) required rate of return is 12%? (5 marks)
(b) Wonderland Inc. has just paid a dividend of $2.75 per share. The company has been following a highly stable dividend growth policy (practically at a constant rate) for many years and is expected to do so in the foreseeable future. What will be the price of Wonderland’s stock five years from now if the market expects the company to pay a $2.86 dividend for next year and its equity cost of capital to be 11.7%? (4 marks)
Answers
The value after 5 years is $42.656165
What is a Stock?
Stock in the context of finance refers to all the shares that constitute a corporation's or company's ownership. A single share of stock represents a fractional ownership interest in the company based on the total number of shares.
To find the price of the stock, we have to find the dividend for each year until they become constant:
$2.50 * 1.08 = $2.70
$2.70 * 1.06 = $2.862
$2.862 * 1.04 = $2.97648
It's seen that a constant rate has been found at 2% so we solve further and solve for P3
P3= $2.97648 * 1.02 / (0.12 - 0.02) = $32.434176
Finally, we find the present value of the stocks
$2.410714 + $2.281352 + $23.069229 = $27.761295
Thus, the present value is given as $27.761295
b. To solve, we have to find the growth rate and this is given as:
g = (D1 / D0) - 1 =
If we input the values, it becomes:
($2.86 / $2.75) - 1 = 0.04 = 4%
Thus, the growth rate is 4%.
To find the price of the stock in the next five years, we use the formula
P5 = D5 * (1 + g) / (r - g)
If we put the values, it becomes:
$3.348846 * 1.04 / (0.117 - 0.04) = $42.656165
Thus, the value after 5 years is $42.656165
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How can data analytics be used to improve segments of a business?
What challenges might be faced as business managers review the data?
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1. Marketing: Data analytics can help businesses understand their customers' preferences, interests, and behaviors. By analyzing data from social media, website traffic, and customer surveys, businesses can identify patterns and trends that can inform their marketing strategies. For example, businesses can use data analytics to personalize their marketing messages, target specific customer segments, and optimize their advertising campaigns.
2. Sales: Data analytics can help businesses identify the most profitable products and services, as well as the most effective sales channels. By analyzing sales data, businesses can identify patterns and trends in customer behavior, such as which products are selling well, which customers are buying them, and how they are paying for them. This information can help businesses optimize their pricing strategies, improve their product offerings, and target their sales efforts more effectively.
3. Operations: Data analytics can help businesses identify operational inefficiencies, such as bottlenecks in production or supply chain issues. By analyzing data from production processes, logistics, and inventory management, businesses can identify areas where they can improve efficiency and reduce costs. For example, businesses can use data analytics to optimize their production schedules, reduce waste, and improve quality control.
4. Customer service: Data analytics can help businesses understand their customers' needs and preferences better, which can help them provide better customer service. By analyzing data from customer feedback, customer service interactions, and social media, businesses can identify common issues and pain points that customers are experiencing. This information can help businesses improve their products and services, as well as their customer service processes.
However, there are some challenges that business managers might face as they review the data. Here are some of the most common challenges:
1. Data quality: One of the biggest challenges is ensuring that the data is accurate, complete, and up-to-date. If the data is of poor quality, it can lead to inaccurate insights and incorrect decisions.
2. Data privacy and security: Another challenge is ensuring that the data is secure and that privacy regulations are being followed. Businesses need to ensure that they are collecting and handling customer data in a responsible and ethical manner.
3. Data complexity: Data analytics can be complex, and it can be challenging to make sense of large amounts of data from different sources. Business managers need to have the right tools and expertise to analyze the data effectively.
4. Resistance to change: Finally, there may be resistance to change within the organization. If the data reveals that changes need to be made, some employees may be resistant to those changes, which can make it challenging to implement new strategies and processes.
Overall, data analytics can be a powerful tool for improving different segments of a business, but it is important to be aware of the challenges and limitations of the data. Business managers need to be prepared to address these challenges and to use the data in a responsible and ethical manner.
When a business becomes an international business, decision-making processes may change. Which of the following describes good practices for a business to take? Hint: there are multiple answers. [mark all correct answers] a. Pro-Active Decision Making b. Plan for possible scenarios c. Defer to techniques that worked before d. Follow US laws e. Earn the highest wages
Answers
When a business becomes an international business, decision-making processes may change. Pro-Active Decision Making, Plan for possible scenarios and Follow US laws are the good practices for a business to take.
At the point when a business grows to turn into a global business, the dynamic cycles might change because of different factors, for example, social, legitimate, financial, and political contrasts in various nations.
Pro-Active Decision Making- Favorable to dynamic independent direction includes recognizing possible issues and going to precautionary lengths to address them before they become more pressing issues. This strategy may assist in reducing risks and preventing unanticipated issues.Plan for possible scenarios- Consideration of various outcomes of a decision and preparation for them in advance are all part of planning for possible scenarios. This can assist the business with trying not to be surprised and answer actually to various circumstances.US laws must be followed, but worldwide enterprises must also be aware of the rules and regulations of the nations where they conduct business.To learn more about international business,
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Which brand of marketing is focused on reaching your target audience on their smart phone or tablet?
A- Search Engine Optimization (SEO)
B- Pay-Per-Click (PPC)
C- Content Marketing
D- Mobile Marketing
E- Affiliate Marketing
Answers
Mobile Marketing is focused on reaching your target audience on their smart phone or tablet. The answer is OPTION D.
This sort of digital marketing focuses on reaching your target audience via their smartphone or tablet. People are reached through mobile marketing through text messaging, social media, websites, email, and mobile applications.
The great majority of the key smartphone market, American adults aged 18 to 54, already own smartphones. Meanwhile, those who do not have smartphones are older Americans and those earning less than $50,000 per year.
Any advertising activity that promotes products and services through mobile devices such as tablets and smartphones is referred to as mobile marketing. It uses modern mobile technology characteristics, such as location services, to customise marketing campaigns based on an individual's location.
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A sales manager is trying to determine appropriate sales performance bonuses for her team this year.
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To reference the sales figures, the data can be analyzed with emphasis on the sales figures. This must be compared to previous years performance this will serve to determine those who are the best performing based on th previous years performance compared to the current year.
How can the data be better arranged to give clarity?When such data is exported into Excel or a spread sheet, one can use conditional formatting to indicate those who have performed well against current KPIs and last years.
Note that conditional formatting in Excel is a feature that allows ussers to apply formatting rules to cells or ranges based on specific conditions or criteria such as data values, or forumulas.
Hence, it is correct to state that To reference the sales figures, the data can be analyzed with emphasis on the sales figures. This will help determine correct allocation of sales performance bonus.
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Evaluating the Success of Bakery Barn Sean Perich, founder of Bakery Barn, created a protein-packed cookie that is mass-produced. As the business grew, he realized that in order to survive financially, he would need to devote more attention to the information found in the financial statements. One purpose of accounting is to help managers make well-informed decisions. Another is to report financial information about the firm to interested stakeholders, such as employees, owners, creditors, investors, and suppliers. Financial statements are used to communicate this important financial information. Read the case below and answer the questions that follow. As a lifelong weight lifter, Sean Perich longed for a good-tasting protein-packed cookie he could take with him to the gym. When he could not find what he wanted in the stores, he decided to make some himself. Unfortunately, his first attempt at mixing up a batch of protein-fortified chocolate chip cookies blew up his mixer. Perich persisted, however, and using his family and friends from the gym as test subjects, he perfected his recipe. After he finally got unanimous thumbs up from his colleagues on the matter of taste, Perich thought about his next step. He decided to change careers from accounting to running his own commercial cookie-baking business. A Duquesne University graduate and certified public accountant (CPA), Perich worked for KPMG, one of the nation's largest accounting firms. He was familiar with measures of business health like financial analysis, balance sheets, and return on equity and assets. Perich soon found that baking cookies was the easy part of the transition. Surviving financially was something else. Perich started Bakery Barn with more than $200,000 from his personal finances, a loan from his father, and a small line of credit. The financial condition of the company deteriorated quickly. Perich could not get a bank loan, and family and friends were tapped out financially. Bakery Barn was operating on a poor cash-flow
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Sean Perich, a weightlifter, started Bakery Barn because he wanted a good-tasting protein-packed cookie to take with him to the gym.
His background in accounting and finance, having worked for KPMG, one of the largest accounting firms in the US, led him to pay attention to the financial health of his business. He used his knowledge of measures such as financial analysis, balance sheets, and return on equity and assets to try to ensure the success of the business.
However, despite starting with more than $200,000 from his personal finances, a loan from his father, and a small line of credit, Bakery Barn struggled with poor cash flow and an inability to obtain a bank loan.
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--The complete question is, What was Sean Perich's motivation for starting Bakery Barn, and how did his background in accounting and finance influence his approach to the business?--
What variables must be considered when selecting training delivery methods?
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Answer:
When selecting training delivery methods, several variables should be considered to ensure the effectiveness of the training program. These variables include:
Learning objectives: The objectives of the training program should be defined clearly to determine the most effective delivery method.
Trainee characteristics: The characteristics of the trainees, such as their age, educational background, experience, and learning styles, can impact the effectiveness of the delivery method.
Training content: The nature of the training content, such as its complexity, scope, and relevance, can affect the delivery method chosen.
Time and resources: The available time and resources, such as budget, facilities, equipment, and technology, can influence the selection of the delivery method.
Organizational culture: The organizational culture and values can influence the preferred delivery method, such as whether the company favors traditional classroom-based training or innovative, technology-driven methods.
Training objectives: The objectives of the training program can determine the most effective delivery method. For example, if the objective is to provide hands-on experience, then a workshop or simulation might be the best delivery method.
Accessibility and flexibility: The accessibility and flexibility of the delivery method, such as the location, schedule, and availability, can affect the participation and engagement of the trainees.
By considering these variables, training professionals can select the delivery method that best suits the needs and objectives of the training program, and ultimately maximize the effectiveness of the training.
Explanation:
The Beta Corporation has an optimal debt ratio of 40 percent. Its cost of equity capital is 12 percent and its before-tax borrowing rate is 8 percent. Given a marginal tax rate of 35 percent, calculate (a) the weighted-average cost of capital, and (b) the cost of equity for an equivalent all-equity financed firm.
If there is no given beta, risk free rate or market return I cant calculate the COE correct?
Answers
The weighted average cost of capital (WACC), which incorporates the price of all capital components, is a company's entire financing expense. In a capital budgeting analysis, the discount rate for cash flows is significant.
Briefing:-A. Calculate the weighted average cost of capital (WACC) for the company.
WACC is equal to the sum of the weights of the equity and debt (1 - Tax rate)
WACC is calculated as follows: Cost of equity x Weight of debt x Cost of debt x (1 - Tax rate)
WACC is equal to (1 - 40%) x 12% Plus (1 - 35%) x 40%.
WACC = 9.28%
B. Calculate the cost of unlevered equity: This cost is the same as the pretax WACC.
(1 - Weight of Debt) x Cost of Equity + Weight of Debt x Cost of Debt = Cost of Unlevered Equity
Cost of equity unlevered = (1 - 40%) x 12% + 40% x 8%
Cost of equity not levied = 10.4%
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In the aggregate demand-aggregate supply framework, how does an increase in the price level affect potential GDP and why?
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In the broadest sense, a rise in aggregate demand corresponds with an increase in the price level; conversely, a reduction in aggregate demand corresponds with a lower price level (and assumes ceteris paribus circumstances).
How do the GDP and price level are impacted by aggregate demand?Real GDP rises and the price level falls along the AD curve. In other terms, AD is incline. The AD curve will fluctuate in response to changes in price level.
What impact does the magnitude of price rise have on overall demand?The aggregate demand components of consumption, investment, and net export will all decline at the higher price level; thus, there will be a decrease in the overall quantity of goods and services demanded but no change in the aggregate demand curve.
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Describe four characteristics of an age-friendly community.
How can age-friendly communities also benefit young adults?
Discuss some home and community-based service options available to an older person who does not wish to move to retirement housing but prefers to stay in his/her long-term home.
Answers
An age-friendly community is accessible, inclusive, fosters social connection, and provides supportive services to older adults.
An age-friendly community is one that recognizes and responds to the diverse needs and preferences of older adults. Here are four characteristics of an age-friendly community
Accessibility: An age-friendly community is designed to be accessible to people of all ages and abilities, including those with mobility or sensory impairments.
Inclusion: An age-friendly community values and includes older adults as active and engaged members of the community. This means that older adults are able to participate in community activities and events, access community services and resources, and contribute their skills and knowledge to the community.
Social Connection: An age-friendly community fosters social connections and reduces social isolation among older adults. This means that the community provides opportunities for older adults to connect with others, such as social clubs, volunteer programs, and intergenerational activities.
Supportive Services: An age-friendly community provides supportive services to older adults to help them age in place and maintain their independence. This means that the community offers services such as transportation, home health care, and meal delivery, and has policies in place to support older adults who may be vulnerable to financial or social exploitation.
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The given question is incomplete, the complete question is:
Describe four characteristics of an age-friendly community.
