Some limitations include choosing the incorrect comparison companies, not considering qualitative data, and having different fiscal year-ends.
In a comparative analysis, a company must be chosen as a benchmark, and multiples of the comparative firms must be calculated and compared. Here are the steps you must take to complete a comparative analysis: Company selection and company introduction: An unlisted company must be chosen, and the company must be introduced. Additional points when selecting an unlisted company are that the company must be a competitor of the comparative company and must be able to present the necessary financial statements for the calculation of multiples. It measures the relationship between a company's stock price and its earnings per share. To calculate the price-to-earnings ratio, the stock price per share is divided by the earnings per share. To calculate the price-to-book ratio, the stock price per share is divided by the book value per share. Presenting limitations and potential problems of the analysis method: The limitations and potential issues of the comparative analysis method must be presented. Some limitations include choosing the incorrect comparison companies, not considering qualitative data, and having different fiscal year-ends.
To know more about firms visit:
https://brainly.com/question/31687318
#SPJ11
With imposition of new taxes, the supply curve is expected to a. Decrease, becomes flat b. Stays the same c. Increase, shifts to the right d. Increase, becomes vertical e. Decrease, shifts to the left
With the imposition of new taxes, the supply curve is expected to shift to the left, which means that it will decrease. Therefore, the correct option is e. Decrease, shifts to the left.
In economics, the supply curve is used to represent the quantity of a product or service that a seller is willing to offer to the market at a given price. A change in any variable that influences the quantity supplied can shift the supply curve to the right or left.New taxes are one of the factors that can cause a shift in the supply curve. This is because taxes increase the cost of production for sellers, thus reducing their profit margins. The higher the tax, the higher the cost of production, and the lower the quantity that suppliers are willing to offer at each price level. As a result, the supply curve shifts to the left.
The imposition of new taxes can have significant impacts on the supply curve of goods and services. Taxes can be a major factor in determining the level of production and the quantity of goods and services that are offered in the market.In general, the imposition of new taxes can lead to a decrease in the quantity supplied. This is because taxes increase the costs of production for sellers, reducing their profits. This reduction in profits can lead to lower levels of production, as producers reduce the amount of goods and services that they supply to the market.A decrease in the quantity supplied causes the supply curve to shift to the left. This is because a lower quantity is supplied at each price level. The shift to the left means that the supply curve has moved upward and inward, indicating that sellers are willing to offer fewer goods and services at each price level.In contrast, if taxes are reduced or eliminated, the supply curve will shift to the right. This is because reduce the cost of production, increasing the profits of sellers and encouraging them to supply more goods and services to the lower taxes market. This shift to the right means that the supply curve has moved downward and outward, indicating that sellers are willing to offer more goods and services at each price level.
To know more about supply curve visit :-
https://brainly.com/question/31287919
#SPJ11
11. Which of the following are the earnings of factors of production expressed as an
amount per period of time?
A. Money. B. Income.
C. Either money or income.
D. Either money, income or investment.
15. What is income received within the circular flow which does not flow directly back to
the business sector? A. Dissavings
B. Either investment or exports
C. An injection
D. A leakage.
D. Either money, income or investment.
11. The answer to the question is option B, Income.
15. The answer to the question is option D, A leakage.
11. Income refers to the earnings of factors of production expressed as an amount per period of time. It refers to the rewards received by households in exchange for the supply of their services. Income can be in the form of money or goods, but it is generally in the form of money. Factors of production are the inputs used by businesses to generate goods and services, and they are land, labor, capital, and entrepreneurship.
15. Leakages are the income received within the circular flow that does not flow directly back to the business sector. It is the portion of income that is saved, taxed, or used to pay off loans. The amount of leakages is equivalent to the amount of injections in an economy. Leaks are equal to the income that is not used for consumption or investment. Injections are the opposite of leaks. They are the income received within the circular flow that is not generated by the business sector. Injections come in the form of investment, exports, and government spending.
To know more about factors of production visit:
https://brainly.com/question/988852
#SPJ11
Provide a brief description of the security, including a) type
of the security, b) maturity date, c) coupon rate and frequency, d)
seniority ranking, e) credit rating, f) spread at issue, and g) par
v
BHP 2.05 09/30/18 BHP 2.05 09/30/18 Corp 25) Bond Description Pages 11) Bond Info 12) Addtl Info 13) Covenants 14) Guarantors 15) Bond Ratings 16) Identifiers 17) Exchanges 18) Inv Parties 19) Fees, R
From the given details, BHP 2.05 09/30/18 is a corporate bond security with the following details:
a) Type of Security: Corporate bondb) Maturity date: 09/30/18c) Coupon rate and frequency: 2.05, interest paid twice a yeard) Seniority ranking: Not mentionede) Credit rating: Mentioned in the Bond Ratings sectionf) Spread at issue: Not mentionedg) Par value: Not mentionedNote: Additional details such as seniority ranking and spread at issue are not mentioned in the given details.
To know more about bond, visit:
https://brainly.com/question/30508122
#SPJ11
2. Consider a model with two countries, France and Germany. France exports wine to Germany. and Germany exports beer to France. In each country, the demand for wine is given by the demand curve Q = 100 - pW, where QP is the quantity demanded and pW is the price of wine. In each country, the demand for beer is given by the same demand curve, i.e., QP = 100 -- pB, where QP is the quantity demanded and p3 is the price of beer. The supply of wine in France is given by QS = The supply of beer in France is given by Q = p3, and the supply of beer in Germany is given by QS = 2p3. Suppose the government of France imposes a $10 per unit import tax on beer. Find the world price of beer, the domestic price in France, and the tariff revenue collected by the French government under this policy.
The import tax revenue collected by the French government under this policy is $500.
France exports wine to Germany and Germany exports beer to France. Demand for wine is given by the demand curve Q = 100 - pW and the demand for beer is given by the same demand curve, QP = 100 - pB.
Supply of wine in France is given by QS and supply of beer in France is given by Q = pB, and the supply of beer in Germany is given by QS = 2pB.The price is determined by equilibrium of demand and supply. The equilibrium quantity demanded in each country is 50 and the equilibrium price is $50 in both countries.
Let's determine the domestic price in France and the world price of beer.Domestic price of beer in France : pB - $10The supply of beer in France is given by Q = pB.
As the supply curve is linear and passes through the point (0, 0), the supply curve equation can be obtained as follows:
Q = pBQS = Q + 10 = pB + 10
At the equilibrium point, QS = QDQS = QD = 50pB = 50pB + 10pB = 60
The domestic price of beer in France is $60.World price of beer: $50
Therefore, in France, the import tax revenue is given by:$10 × 50 = $500
Revenue = Tariff × Quantity Imported.
The import tax revenue collected by the French government under this policy is $500.
to Know more about export , visit
https://brainly.com/question/28590941
#SPJ11
How should Opera Philadelphia position itself to each targetsegment, and what tactics might have been considered?
Opera Philadelphia can position itself effectively to each target segment by understanding their unique needs, preferences, and motivations. Here are some strategies and tactics that can be considered:
Opera Enthusiasts:
Positioning: Emphasize Opera Philadelphia's rich repertoire, world-class productions, and commitment to artistic excellence.
Tactics: Offer season subscriptions or membership programs, exclusive behind-the-scenes access, pre-show talks, and opportunities to meet artists and directors.
Cultural Explorers:
Positioning: Highlight the diverse and innovative productions, collaborations with other art forms, and unique experiences offered by Opera Philadelphia.
Tactics: Collaborate with local museums, theaters, or galleries for cross-promotion, organize special events or themed performances, offer discounted tickets for arts and culture enthusiasts.
Young Professionals:
Positioning: Emphasize the relevance and accessibility of opera, showcasing Opera Philadelphia as a modern and vibrant cultural experience.
Tactics: Offer student discounts or affordable ticket options, host social events with live performances, leverage social media and digital marketing channels to reach and engage young audiences.
know more about Opera Philadelphia here:
https://brainly.com/question/30745702
#SPJ11
Body Scans and Bottlenecks: Optimizing Hospital CT Process Flows Case Discussion Questions: 1. Draw the process flow map for the original CT scan process. 2. Hospital management believed the new scanners represented a high-return; investment. What factors would you take into account when calculating the difference in revenues represented by the new scanners versus the original units? 502 3. If the original process flows remained in place after the new CT scanners were installed, what level of scanning throughput could the hospital achieve? What hourly margins would result from using the new scanners with all other processes unchanged? How do these margins compare with using the old scanners? 4. What specific improvements might be made to improve the efficiency of the CT process flows? How would these improvements affect the margins? 5. What level of scanning throughput could the hospital achieve after the recommended improvements? What hourly margins would result from using the new scanners with all improvements in place? How would these margins compare with using the old scanners? 6. How many hours a day would the new scanners have to operate to handle 92,000 patients per year? Assume that scanners are operated for 300 days in a year. 7. If the technology of CT scanners continues to improve, how will process economics impact their purchase and utilization in hospitals and the healthcare system overall? Case Analysis 1. Draw the process flow map for the original CT scan process. (Also draw these process flow maps for each step of process improvement.) 2. Hospital management believed the new scanners represented a high-return investment. What factors would you take into account when calculating the difference in revenues represented by the new scanners versus the original units? The unit load is the amount of time spent by the resource per flow unit (CT scan in this case). Capacity per hour-60/ Unit load (in minutes) Total resource capacity - Capacity per resource unit per hour Number of resource units The process capacity per hour is then the least of the three resource capacities. When operating at capacity. Utilization - Process capacity/Resource capacity When operating at capacity, the margin per scanner per hour is then obtained as the difference between the hourly revenue and the hourly cost, calculated as follows: Hourly revenue - Process capacity per hour Revenue per scan Hourly cost-Number of nurses Nurse cost per hour + Number of technologists > Technologist cost per hour Process capacity per hour Medical supply cost per scan 3. If the original process flows remained in place after the new CT scanners were installed, what level of scanning throughput could the hospital achieve? What hourly margins would result from using the new scanners with all other processes unchanged? How do these margins compare with using the old scanners? A representation of the original process is shown below: Resource Total Unit Capacity Number Per Hour of Process Utilization Resource Capacity Load (Min) Resource Capacity per Hour Units Nurse 14 4.29 1 4.29 43.8 Technologist 32 1.875 1 1.875 1.875 100 CT 32 1.875 1 1.875 100 With the old scanners, the technologist and the CT scanner are bottlenecks. Given that each CT scanner can perform 1.875 scans per hour, the six scanners together perform 11.25 scans per hour. To perform 55,000 scans per year, assuming 300 working days in the year, each scanner would have to operate 55,000/ (300 11.25)- 16.3 hours per day, or about 2 shifts of 8 hours daily. Revenue per hour per scanner-$500 1.875-$937.50 Cost per hour per scanner-Nurse + Technologist + Medical supplies-35+ 50+ (50 - 1.875)-$178.75 Margin per scanner per hour-$937.50-$178.75-758.78 4. What specific improvements might be made to improve the efficiency of the CT process flows? How would these improvements affect the margins? 5. What level of scanning throughput could the hospital achieve after the recommended improvements? What hourly margins would result from using the new scanners with all improvements in place? How would these margins compare with using the old scanners? Do the above table for: . New Scanners with Old Process • After Stage 1 Process Improvements After Stage 2 Process Improvements After Stage 3 Process Improvements . 6. How many hours a day would the new scanners have to operate to handle 92,000 patients per year? Assume that scanners are operated for 300 days in a year. 7. If the technology of CT scanners continues to improve, how will process economics impact their purchase and utilization in hospitals and the healthcare system overall?
The factors that we would consider when calculating the difference in revenues represented by the new scanners versus the original units are:Capacity per hour-60/Unit load (in minutes)Total resource capacity
- Capacity per resource unit per hour * Number of resource unitsThe process capacity per hour is then the least of the three resource capacities.
When operating at capacity.Utilization - Process capacity/Resource capacityWhen operating at capacity, the margin per scanner per hour is then obtained as the difference between the hourly revenue and the hourly cost, calculated as follows:Hourly revenue - Process capacity per hour * Revenue per scanHourly cost-Number of nurses * Nurse cost per hour + Number of technologists * Technologist cost per hour + Medical supply cost per scan3. If the original process flows remained in place after the new CT scanners were installed
To know more about revenues visit:
https://brainly.com/question/16232387
#SPJ11
How does the equation for valuing a bond change if semiannual payments are made? Find the value of a 10-year, semiannual payment, 10% coupon bond if nominal rd = 13%.
When semiannual payments are made, the equation for valuing a bond changes by incorporating the semiannual interest payments and adjusting the discount rate accordingly. The formula for valuing a bond with semiannual payments is:
Bond Value = (C / (1 + (rd / 2))) + (C / (1 + (rd / 2))^2) + ... + (C / (1 + (rd / 2))^n) + (F / (1 + (rd / 2))^n)
Where:
C = Semiannual coupon payment
rd = Nominal annual discount rate
F = Face value of the bond
n = Number of semiannual periods (years * 2 in this case)
To find the value of a specific bond, we substitute the values into the formula. In this case, we have a 10-year bond with a 10% coupon rate and a nominal discount rate of 13%. Since the coupon rate is stated as an annual rate, we divide it by 2 to get the semiannual coupon payment. Using the formula, we calculate the present value of each semiannual payment, sum them up, and add the present value of the face value. The resulting value will be the value of the bond.
Please note that for precise calculations, we need the face value of the bond to provide an accurate answer.
Learn more about semiannual payments here:
brainly.com/question/3178514
#SPJ11.
What are the total assets reported by Panther Enterprises if operating income is $252,750, its return on investment (ROI) is 15%, and its target rate of return is 5%?
$5,055,000
$252,750
$1,685,000
$37,912.5
Panther Enterprises operates with an ROI of 15%, a target rate of return of 5% and an operating income of $252,750. Here, we are required to determine the total assets reported by Panther Enterprises. First, we need to calculate the total assets with the help of the ROI.
ROI = Net Income / Total Assets Hence, Total Assets = Net Income / ROI We know that Target Rate of Return = ROI, then Net Income = Target Rate of Return * Total Assets Now, Operating Income = Net Income + Interest Hence, Interest = Operating Income - Net Income Operating Income = $252,750Target Rate of Return = ROI = 15%Target Rate of Return = 5%Let the total assets be x. Now, 5/100 * x = 1/15 * x + (252,750 - x/15)Here, the first term, 5/100 * x, is the net income, 1/15 * x is the interest, and the second term is the operating income. Now, solving for x, x = 5,055,000Hence, the total assets reported by Panther Enterprises is $5,055,000.
To know more about assets visit:
https://brainly.com/question/14826727
#SPJ11
Successful negotiation relies heavily on planning in the preparation. As a purchasing manager, you are preparing your negotiations with a large supplier who has a strong market position and charged you outrageous prices for his products.
(a) Express your view of this assertion by explaining how you prepare for the negotiation to get the best out of the dealings with this supplier.
(b) Buyers may adopt Kraljic Purchasing Portfolio Matrix in negotiation. Summarize the characteristics of the four types of products that mentioned in the Matrix.
(a) plan the negotiation in advance, developing a strategy and tactics that will help achieve the desired outcome. The strategy should be based on the findings of the research and the BATNA.
(b) Critical Items: Items that are critical to the firm's operations and are difficult to substitute.
Strategic Items: Products that are critical to the company's success and that can be differentiated from those of competitors.
Leverage Items: Items that are plentiful in the market and can be sourced from various suppliers.
Bottleneck Items: Items that are in short supply and are critical to the company's operations.
(a) A negotiation is the process of reaching a mutually satisfactory agreement between two or more parties. It is a technique that purchasing managers use to obtain the best possible outcomes for their organizations. To prepare for a negotiation with a supplier who has a strong market position and is charging outrageous prices for his products, the following are steps that can be taken:
To begin, conduct research to determine the actual value of the product. This may involve comparing prices with other suppliers or conducting a cost analysis to identify where the supplier's prices are excessive. Gather as much information as possible about the supplier, such as its business practices, competition, and so on. This information can be used to determine the supplier's weaknesses, vulnerabilities, and strengths. Prior to the negotiation, determine the most favorable alternative to a negotiated agreement (BATNA). This is the alternative option if negotiations fail or if the outcome is unsatisfactory. Finally, plan the negotiation in advance, developing a strategy and tactics that will help achieve the desired outcome. The strategy should be based on the findings of the research and the BATNA.
(b) The Kraljic Purchasing Portfolio Matrix, named after Peter Kraljic, a consultant at McKinsey, is a procurement tool used by procurement teams to manage risk and optimize purchasing power. The four types of products that are mentioned in the matrix are as follows:
Critical Items: Items that are critical to the firm's operations and are difficult to substitute.
Strategic Items: Products that are critical to the company's success and that can be differentiated from those of competitors.
Leverage Items: Items that are plentiful in the market and can be sourced from various suppliers.
Bottleneck Items: Items that are in short supply and are critical to the company's operations.
To know more about BATNA visit:
https://brainly.com/question/30759028
#SPJ11
According to the ethical standards of the profession, which of the following acts by a CPA is generally prohibited?
Purchasing a product from a third party and reselling it to a client.
Accepting a commission for recommending a product to an audit client.
Accepting engagements obtained through the efforts of third parties.
Writing a financial management newsletter promoted and sold by a publishing company
According to the ethical standards of the profession, accepting a commission for recommending a product to an audit client by a CPA is generally prohibited.
A certified public accountant (CPA) is a professional accountant who has completed a rigorous CPA exam and has met the educational and experience requirements for certification in their jurisdiction of practice. Certified public accountants work in a variety of fields and assist individuals and companies with a variety of accounting tasks. They can also be involved in financial planning, budget analysis, and investment consulting.The ethical principles and standards that CPAs must follow are designed to ensure that their work is performed in a professional and ethical manner. According to the ethical standards of the profession, accepting a commission for recommending a product to an audit client by a CPA is generally prohibited. This act is prohibited since it may create a conflict of interest and undermine the CPA's independence. CPA firms should maintain their objectivity and integrity, which will help them maintain their clients' trust.
To learn more about commission, visit:
https://brainly.com/question/28031464
#SPJ11
Explain the working of AHP by considering at least one
qualitative and one quantitative criteria while considering a
real-life scenario. Assume hypothetical values for Eigen value
computations.
The Analytic Hierarchy Process (AHP) is a decision-making technique that helps individuals or groups evaluate and prioritize alternatives based on multiple criteria.
It involves both qualitative and quantitative factors to make informed decisions Let's consider a real-life scenario of choosing a car for purchase and explore the working of AHP with one qualitative and one quantitative criterion.
Qualitative Criterion: Safety Rating
In this scenario, safety is an important qualitative criterion to consider when choosing a car. We can assign three car models, A, B, and C, with corresponding safety ratings as follows:
Car A: Safety Rating = 8Car B: Safety Rating = 6Car C: Safety Rating = 9To know more about Analytic Hierarchy:- https://brainly.com/question/30279876
#SPJ11
Get Homework Help ... Oth Scenario Your business has been open for a month, and you have prepared an income statement and completed a variance analysis on the data. Now you will meet with investors and a few other internal stakeholders to share your company's progress over the past month and how it has performed with respect to your cost and budget projections. The investors would like to see the thought process behind your financial strategy and how your company has performed in its first month. They have therefore asked you to present a report that includes the costing and income data from your Project Workbook. Directions Submit a detailed report to your potential investors and other stakeholders to explain and defend your costing strategies and to share your business's performance to date. Your report can be in the form of a PowerPoint presentation or a Word document (based on the templates provided in the What to Submit section). In either format, be sure to effectively communicate with your stakeholders by breaking down concepts and using investor-friendly language to build their trust and confidence. If you choose to do a PowerPoint presentation, you'll need to include speaker notes for each slide. 1. Introduction: Provide a short overview of your company and the purpose of this report. A. Business Overview: Name your company and describe its business and your vision for its future. B. Purpose of the Report: Explain the purpose of the report and describe why the information is important. C. Methods and Approach: Explain the management accounting methods you used for generating the information that you are about to share in terms of your adherence to industry standards and the American Institute of Certified Public Accountants (AICPA) code of ethics. 2. Financial Strategy: Review your original business plan and costing strategies. A. Costing System: Justify the use of job order costing for this business. Be sure to compare and contrast the various costing systems you learned about in this course as part of your defense. B. Selling Prices: Share and explain the selling prices you established for each of your products. Be sure to reference your cost-volume- profit analysis in your defense. C. Contribution Margin: Share and explain your contribution margin per unit. Be sure to reference your cost-volume-profit analysis in your defense. D. Target Profits: Identify your break-even points for achieving different target profits. Then explain the target profits you selected for each area of your business. Be sure to reference your cost-volume-profit analysis in your defense. 3. Financial Statements: Using the information in the Milestone Two Market Research Data Appendix, assess your financial performance to date. A. Statement of Cost of Goods Sold: Share the statement of cost of goods sold and logically interpret the business's performance against the provided benchmarks. B. Income Statement: Share the income statement and logically interpret the business's performance against the provided benchmarks. C. Variances: Illustrate all variances for the direct labor time and the materials price. D. Significance of Variances: Evaluate the significance of the variances in terms of the potential to impact future budgeting decisions and planning.
Our company has performed well in its first month of operation. We have been able to manage our costs effectively and generate profits. We will continue to monitor our financial performance and take corrective action as required to achieve our long-term financial goals.
A. Business Overview: Our business is called “Fashion Mart” which is a retail store that specializes in selling fashion clothing and accessories for men, women, and kids. Our vision is to become a leading retail store in the fashion industry.B. Purpose of the Report: The purpose of this report is to present the costing and income data of our company for the past month and explain our financial strategy. This information is important as it will help the stakeholders to understand our company’s progress and performance. The report will also defend the costing strategies we used for our business.C. Methods and Approach: We have followed the Generally Accepted Accounting Principles (GAAP) for generating the information presented in this report. We have adhered to industry standards and the American Institute of Certified Public Accountants (AICPA) code of ethics for ensuring the accuracy and integrity of our financial statements.Financial StrategyA. Costing System: We have used job order costing for our business. Job order costing is ideal for our business as we have a wide range of products with varying features and specifications. It helps us to determine the cost of each job or product based on the direct materials, direct labor, and overhead costs associated with that product. By using job order costing, we can identify the actual cost of producing each product, which helps us to price our products competitively. In contrast, process costing or activity-based costing would not be suitable for our business.B. Selling Prices: We have established our selling prices based on our cost-volume-profit analysis. We have analyzed the cost behavior of our products to determine the relationship between the selling price, variable costs, and fixed costs. By using the cost-volume-profit analysis, we were able to set our selling prices to achieve our target profit margins.C. Contribution Margin: Our contribution margin per unit is $20. The contribution margin is the amount of revenue that remains after deducting variable costs associated with the production of a product. It helps us to determine the profitability of each product and make informed decisions about our product mix. By calculating the contribution margin, we were able to identify the most profitable products and focus on selling them to achieve our target profit margins.D. Target Profits: Our target profit for the first month was $10,000. We identified our break-even points for achieving different target profits and set our target profits based on our cost-volume-profit analysis. By setting our target profits, we were able to develop a roadmap for achieving our long-term financial goals.Financial StatementsA. Statement of Cost of Goods Sold: Our cost of goods sold for the past month was $50,000. The industry benchmark for the cost of goods sold is 60% of the revenue. Our cost of goods sold represents 55% of our revenue, which is below the industry benchmark. This indicates that we have been able to manage our costs effectively and operate efficiently.B. Income Statement: Our total revenue for the past month was $90,000, and our net income was $10,000. Our net income margin was 11%, which is above the industry benchmark of 10%. This indicates that we have been able to generate profits and operate profitably.C. Variances: Our direct labor time variance was favorable, which means that our actual direct labor time was less than the standard direct labor time allowed for producing the products. Our materials price variance was unfavorable, which means that the actual cost of materials was higher than the standard cost of materials allowed for producing the products.D. Significance of Variances: The direct labor time variance is not significant as it does not impact our production costs significantly. The materials price variance is significant as it can impact our profit margins in the long run. We will need to investigate the cause of the materials price variance and take corrective action to avoid future variances.
Learn more about costs effectively here :-
https://brainly.com/question/11333581
#SPJ11
Which of the following is considered a reason why Platform-based business is distinctive from pipeline-based business? That is, platform-based business O emphasizes resource ownership, rather than resource orchestration O requires more attention to rivals' competitive attacks o highlights the importance of external interaction over internal optimization O focuses on both of product value and ecosystem value
A Platform-based business is distinctive from pipeline-based business because it highlights the importance of external interaction over internal optimization.
Hence, the correct option is highlighted below.O highlights the importance of external interaction over internal optimizationThe following are the reasons why Platform-based business is distinctive from pipeline-based business:Emphasizes resource ownership:Platform-based business emphasizes resource ownership, not resource orchestration. Unlike pipeline-based business, which focuses on supply chain management and efficient production, platform-based business is more interested in owning its resources.Importance of external interaction:Another reason why Platform-based business is distinctive is that it highlights the importance of external interaction. Unlike pipeline-based business, which prioritizes internal optimization, platform-based business focuses on interactions between itself and its stakeholders, including customers, partners, and suppliers. Platform-based businesses see these external interactions as key to building their ecosystems, which are essential to their success.Product value and ecosystem value:Platform-based business focuses on both product value and ecosystem value, whereas pipeline-based business focuses on product value alone. In order to succeed, a platform-based business must not only create a high-quality product or service but also develop an ecosystem that supports that product or service. This ecosystem must be attractive to other stakeholders who can help the business grow, including partners, customers, and suppliers.
To know more about business , visit ;
https://brainly.com/question/24553900
#SPJ11
In 2021, the internal auditors of Development Technologies, Inc., discovered that a $4.5 million purchase of merchandise in 2021 was recorded in 2020 instead. The physical inventory count at the end of 2020 was correct. Assume the company uses a periodic Inventory system. Required: Prepare the journal entry needed in 2021 to correct the error, (ignore income taxes.) (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Since the $4.5 million purchase of merchandise was recorded in 2020 instead of 2021, a journal entry is needed in 2021 to correct the error.
The entry should reflect the correct recording of the purchase in the appropriate year.
The journal entry would be as follows:
Date: 2021
Inventory (Increase) $4.5 million
Accounts Payable (Decrease) $4.5 millionExplanation: The inventory account is increased to reflect the correct purchase of merchandise in 2021. The accounts payable account is decreased by the same amount to adjust for the correction of the timing of the purchase.
This entry ensures that the company's financial records accurately reflect the purchase in the correct accounting period.
Please note that the amounts in the journal entry are rounded to 1 decimal place (i.e., $4,500,000 is entered as $4.5 million).
Learn more about merchandise here
https://brainly.com/question/30224812
#SPJ11
ABC Corp. issued $100,000 of bonds at a premium; as a result, the company: A) received more than $100,000. B) received less than $100,000. C) received $100,000. D) will pay the bondholders more money on the maturity date than it received on the issue date.
ABC Corp. issued $100,000 of bonds at a premium; as a result, the company option A) received more than $100,000.
A bond premium is a situation where a bond's selling price is higher than its par value. The bond premium is the amount by which the bond price exceeds its face value. This phenomenon occurs when the interest rate on the bond is lower than the market interest rate, making it an attractive investment. ABC Corp. issued $100,000 of bonds at a premium. Therefore, the company received more than $100,000. The company would receive more money than the face value of the bond if the bonds were issued at a premium. A bond premium would indicate that the bond's interest rate is lower than the market interest rate, making it an attractive investment. Therefore, option A is correct. ABC Corp. received more than $100,000.
To learn more about bonds, visit:
https://brainly.com/question/31756424
#SPJ11
Suppose that all workers place a value on their leisure of 40 goods per day. The production function relating output per day Y to the number of people working per day N is
Y = 200N - 2N^2
and the marginal product of labor is
MPN = 200 - 2N.
A 20% tax is levied on wages.
Output per day would be....
The output per day, taking into account a 20% tax levied on wages, can be determined by adjusting the production function and calculating the new level of employment that maximizes output.
The production function is given by Y = 200N - 2N^2, where Y represents the output per day and N represents the number of people working per day. The marginal product of labor is given by MPN = 200 - 2N. With a 20% tax levied on wages, the workers' take-home pay would be reduced by 20% of their wages. This means the effective wage rate would be 80% of the original wage rate. Therefore, the new production function can be adjusted to account for the tax by multiplying the wage rate by 80%.
To determine the output per day, we need to find the level of employment that maximizes the production function. This can be done by finding the level of employment where the marginal product of labor (MPN) equals zero. In this case, setting 200 - 2N = 0, we find N = 100.
Substituting this value of N into the production function, we get Y = 200(100) - 2(100)^2 = 20,000 - 20,000 = 0.
Therefore, with the 20% tax levied on wages, the output per day would be zero. The tax has effectively discouraged all workers from supplying their labor, resulting in no output being produced.
Learn more about employment from here:
https://brainly.com/question/17459074
#SPJ11
consider the generalized Romer model where the fishing-out effect and the decreasing returns to research are allowed. suppose the number of researchers grows 5% each year and labor-augmenting technology level grows 1% each year. then, there exists an upper limit for the fishing-out effect in steady state. evaluate whether is true, false or uncertain and why?
In the generalized Romer model, suppose the number of researchers grows 5% each year and labor-augmenting technology level grows 1% each year. Then, there exists an upper limit for the fishing-out effect in the steady state. This statement is true in the context of this model.
In the Romer model, researchers produce knowledge using resources like labor and capital. When the number of researchers increases, the research is more productive because researchers can share information and build on each other's discoveries. At the same time, the fishing-out effect occurs when a resource is depleted because the researcher who first discovered the resource is more productive than later researchers who are left with fewer resources to work with.Labor-augmenting technology grows at a constant rate, so there is no limit to how much knowledge can be produced using this resource. On the other hand, the fishing-out effect is limited because there is only so much natural resources available to exploit.In the steady state, the growth rate of the economy is determined by the growth rate of the labor-augmenting technology. When the fishing-out effect is allowed, the steady-state level of knowledge and the steady-state growth rate of the economy are reduced compared to the case when there is no fishing-out effect.The rate of knowledge growth in the steady state is given by the following expression:η = α x (L/K) x (n + δ + g) x (1 - σ)where η is the rate of knowledge growth, α is the share of labor in production, L is the labor force, K is the capital stock, n is the rate of population growth, δ is the rate of depreciation of the capital stock, g is the rate of technological progress, and σ is the elasticity of substitution between knowledge and capital.When the fishing-out effect is allowed, the steady-state level of knowledge is given by the following expression:k = [α x (L/K) x (n + δ + g)/(ρ + λ)] x (1 - σ)where k is the steady-state level of knowledge, ρ is the fishing-out effect parameter, and λ is the effectiveness of research in producing knowledge.Therefore, the statement is true because the fishing-out effect is limited and has an upper limit in the steady state.
In conclusion, the statement that in the generalized Romer model, where the fishing-out effect and the decreasing returns to research are allowed, there exists an upper limit for the fishing-out effect in the steady state is true.
To know more about Romer model visit:
brainly.com/question/1925330
#SPJ11
During the first year of operations, Delta Corporation entered in to the following transactions relating to shareholders' equity. the articles of corporation authorized the issue of 8 million ordinary shares $1par per share. And 1 million preference shares, $ 50 par per share Required: Prepare the appropriate journal entries to record each transaction. Feb. 12 sold 2 million ordinary shares for $ 9 per share 13 issued 40,000 ordinary shares to attorneys in exchange for legal services 13 sold 80,000 of its ordinary shares and 4,000 preference shares for a total of $ 945,000.
The following are the required journal entries to record the transactions relating to shareholders' equity as described.
Given
common shares = $1 par value
Preference shares = $50 per share
authorized common shares = 8 million
authorized preference shares = 1 million
Feb. 12 sold 2 million ordinary shares for $ 9 per share 13 issued 40,000 ordinary shares to attorneys in exchange for legal services 13 sold 80,000 of its ordinary shares and 4,000 preference shares for a total of $ 945,000Required to pass the journal entries for the mentioned above transaction.
Date Particular Debit Credit
Feb. 12
Cash $18,000,000
Common Stock $2,000,000
Additional Paid-in Capital $16,000,000
Feb. 13
Legal Expense $40,000
Common Stock $40,000
Feb. 13
Cash $945,000
Common Stock $80,000
Additional Paid-in Capital $665,000
Preferred Stock $200,000
These journal entries record the transactions relating to shareholders' equity as described.
Learn more about journal entries here:
https://brainly.com/question/20421012
#SPJ4
Last year Avenger Solutions purchased and installed a new Thanos Super-Smasher used in compacting cars, SUVs, and small trucks into 2 cubic yards of compacted metal. The Thanos cost $688,000 and had a "useful life" of 6 years. Recently the firm's CEO, became aware of a new technology that promised many advantages over the Thanos, including compacting the junk vehicles into 1 cubic yard of compacted metal, instead of 2 cubic yards. He asked his CPA to do a financial analysis to determine if a new Super-Smasher called the Galactus could be an economically viable replacement for a Super- Smasher (the Thanos) that was only one year old. The CPA determined that the new technology could be purchased for $900,000 today and would have a useful life of 5 years before it would likely become technologically obsolete and be essentially worthless. (The Galactus runs hotter than the Thanos and has a shorter useful life). For depreciation purposes the company uses the straight line method. Peter Parker, the Avenger Solutions VP of Scrap Yard Services and the firms' CPA agreed that the new machine could significantly improve production and create higher revenues for the firm. With this information the CPA estimated that the new technology will produce EBITDA (earnings before interest, taxes, depreciation and amortization) of $509,000 per year for the next 5 years. The current machine is expected to produce EBITDA of $395,000 per year. The current machine is being depreciated on a straight line basis over a useful life of 6 years after which it will have a $28,000 salvage value. All other expenses of the two machines are identical. The market value of the current machine is $525,000. Avengers Solutions tax rate is 21% and the cost of capital is 12%. Calculate the NPV of the replacement decision and choose the best answer below. NOTE: DO NOT make any assumptions regarding the tax treatment for the gain or loss on the disposal the Thanos Super Smasher HINT: The Salvage Value of the Thanos (the current machine) needs to be considered to correctly complete this problem.
PLEASE PROVIDE DETAIL EXCEL FORMULAS AND EXPLANTATION
The Galactus does not have a Salvage Value. Buy the Galactus, increases profits by $5,484
Do not buy the Galactus, reduces profits by $21,180 Do not buy the Galactus, reduces profits by $10,404
Do not buy the Galactus reduces profits by $13,252
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a financial metric that measures a company's operating performance by excluding certain non-cash expenses and financing-related factors.
The depreciation on the old machine is calculated below: (Cost - Salvage value) / Useful life=($688,000 - $28,000) / 6=$110,000 per year. To determine whether to buy the Galactus or not, we need to calculate the present value of the cash flows from both machines over their useful life. The NPV calculation involves calculating the present value of the cash inflows and outflows of an investment to determine whether it will create economic value for a business.
In order to calculate the NPV of this decision, we can use the following formula: NPV = (CF0 + CF1 / (1+r)1 + CF2 / (1+r)2 + CF3 / (1+r)3 + CFn / (1+r)n where, CF is the cash flow, r is the discount rate, and n is the period for which the calculation is being made. Let us calculate the NPV for this scenario: For the new machine: NPV= ($509,000 / (1+.12)1 + $509,000 / (1+.12)2 + $509,000 / (1+.12)3 + $509,000 / (1+.12)4 + $509,000 / (1+.12)5) - $900,000NPV= $1,708,282.73 - $900,000NPV= $808,282.73For the old machine: NPV= ($395,000 / (1+.12)1 + $395,000 / (1+.12)2 + $395,000 / (1+.12)3 + $395,000 / (1+.12)4 + $395,000 / (1+.12)5 + $28,000 / (1+.12)6) - $525,000NPV= $1,656,252.50 - $525,000NPV= $1,131,252.50.
Now, if we compare the NPVs of the new and old machines, we can see that the NPV of the new machine is higher. Therefore, the company should go ahead with the purchase of the new machine. The NPV calculation above is a long answer. The short answer to the question would be, "Buy the Galactus, increases profits by $5,484".
To know more about Earnings Before Interest, Taxes, Depreciation, and Amortization visit:
https://brainly.com/question/14016667
#SPJ11
Recognizing pension expense during an employee's service years rather than during retirement represents an application of ____ the costs with the benefits provided.
Recognizing pension expense during an employee's service years rather than during retirement represents an application of matching principle, which aims to match the costs with the benefits provided.
Recognizing pension expense during an employee's service years rather than during retirement is an application of the matching principle in accounting. The matching principle states that expenses should be recognized in the same period as the related revenues or benefits.
By recognizing pension expense during an employee's service years, the company is aligning the recognition of the cost with the period in which the employee is providing services and earning the pension benefit. This approach ensures that the expenses associated with the pension benefit are matched with the corresponding revenue-generating period.
This method of recognizing pension expense reflects a more accurate representation of the financial performance and obligations of the company. It provides a clearer picture of the cost associated with employing the workforce and allows for better decision-making regarding employee compensation and retirement benefits.
Therefore, recognizing pension expense during an employee's service years instead of during retirement demonstrates the application of the matching principle. This approach helps in properly matching the costs with the benefits provided, leading to more accurate financial reporting and informed decision-making.
To know more about pension , visit:
https://brainly.com/question/14298705
#SPJ11
A consumer’s utility function, based on two goods x and y, are given by the following function: (x, y) = −x^2 − y^2 − 7x + y + 500. The consumer’s budget constraint is pxx + pyy = m → x + y = 25.
a. What are the prices of goods x and y? What is the consumer’s income?
b. Calculate the marginal utility of consuming good x if x = 6. Show your work.
c. Use the Lagrangian multiplier method to maximize U(x,y) with respect to the consumer’s budget constraint, and report the equilibrium values of x*, y*, and λ*.
d. Evaluate the utility function at the equilibrium values of x* and y* that you found in part a. Round your answer to 2 decimal places if necessary.
e. Suppose the consumer’s budget constraint changes to x + y = 30. Calculate the new utility-maximizing values of x and y using any optimization method you’d like (e.g., Lagrangian or direct/substitution/straightforward methods). By how much do the utility-maximizing values of x and y change? Show all work.
The marginal utility of consuming good x when x = 6 is -19.
a. to find the prices of goods x and y, as well as the consumer's income, we can rewrite the budget constraint equation as:
x + y = 25
since the budget constraint equation does not provide the prices directly, we need additional information. let's assume that px represents the price of good x and py represents the price of good y. to find the prices, we can set up a system of equations using the given budget constraint:
px * x + py * y = m
from the utility function, we know that m (income) is 500. substituting this value into the equation, we have:
px * x + py * y = 500
since the equation x + y = 25 represents the quantity of goods x and y consumed, we can set up the following system of equations:
px * x + py * y = 500
x + y = 25
solving this system of equations will give us the prices of goods x and y and the consumer's income.
b. to calculate the marginal utility of consuming good x when x = 6, we need to take the partial derivative of the utility function with respect to x:
∂u/∂x = -2x - 7
substituting x = 6 into the derivative equation:
∂u/∂x = -2(6) - 7 = -12 - 7 = -19 c. to maximize u(x,y) with respect to the consumer's budget constraint, we can use the lagrangian multiplier method. the lagrangian function is defined as:
l(x, y, λ) = -x² - y² - 7x + y + 500 + λ(x + y - 25)
to find the equilibrium values, we need to take the partial derivatives of l with respect to x, y, and λ and set them equal to zero:
∂l/∂x = -2x - 7 + λ = 0
∂l/∂y = -2y + 1 + λ = 0
∂l/∂λ = x + y - 25 = 0
solving these three equations simultaneously will give us the equilibrium values of x*, y*, and λ*.
d. once we find the equilibrium values of x*, y*, and λ*, we can evaluate the utility function at those values to determine the consumer's utility. substituting the equilibrium values into the utility function:
u(x*, y*) = -(x*)² - (y*)² - 7(x*) + (y*) + 500
evaluate this expression to find the consumer's utility.
e. to find the new utility-maximizing values of x and y when the budget constraint changes to x + y = 30, you can use the same optimization method (lagrangian or direct/substitution/straightforward) as in part c. solve the new system of equations to obtain the new equilibrium values of x* and y*. calculate the difference between the new values and the previous values to determine the change in the utility-maximizing values of x and y.
Learn more about Income here:
https://brainly.com/question/14732695
#SPJ11
The following comparative balance sheet is given for Estern Co.: Assets Dec 31, 2021 Cash $117,000 Notes Receivable 24,000 Supplies & Inventory 27,000 Prepaid expense 10,500 Long-term investments 0 Machines and tools 55,500 (21,000) Accumulated depreciation-equipment Total Assets $213,000 Liabilities & Stockholders' Equity Accounts payable $ 25,500 Bonds payable (long-term) 55,500 Common Stock 60,000 Retained Earnings 72,000 Total Liabilities & Stockholders' $213,000 Equity Dec 31, 2020 $19,500 21,000 40,500 18,000 27,000 48,000 (15,000) $159,000 $ 10,500 70,500 34,500 43,500 $159,000 Income Statement Information (2021): 1. Net income for the year ending December 31, 2021 is $43,500 2. Depreciation expense is $6,000 3. There is a loss of $3,000 resulted from the sale of long-term investment Additional information (2021): 1. All sales and purchases of inventory are on account (or credit). 2. Received cash for the sale of long-term investments that had a cost of $27,000. yielding a $3,000 loss. 3. Cash dividends paid is $15,000. 4. The company purchased new machines and tools for $7,500 cash. Required: Prepare the FIRST (Operating) and the SECOND (Investing) sections of the statement of cash flows for the year ended December 31, 2021.
To prepare the first (Operating) and second (Investing) sections of the statement of cash flows for the year ended December 31, 2021, we need to analyze the changes in the balance sheet accounts and incorporate the provided income statement information and additional information. Here is the breakdown:
First (Operating) Section:
Net Income: $43,500
Adjustments:
Add Depreciation Expense: $6,000
Subtract Loss from the Sale of Long-term Investment: $3,000
Net Cash provided by Operating Activities: $46,500
Second (Investing) Section:
Cash received from the sale of long-term investments: $27,000
(This is already given in the additional information.)
Cash used for the purchase of machines and tools: $7,500
(This is already given in the additional information.)
Net Cash used in Investing Activities: $19,500
Overall, the statement of cash flows for the year ended December 31, 2021, would show:
Cash provided by Operating Activities: $46,500
Cash used in Investing Activities: $19,500
Please note that the statement of cash flows may require additional information from the balance sheet and income statement to prepare the complete statement. The information provided in the question is limited, and other cash flow activities (such as financing activities) might need to be included in a comprehensive statement of cash flows.
Learn more about balance sheet here:
brainly.com/question/1113933
#SPJ11
Assignment Content
Once your faculty marks this activity as complete in the gradebook, the Competency Assessment will open for you to submit.
Reflection
Competency 3: Analyze organizational global supply chain.
This reflection activity is comprised of two sections, collectively totaling a minimum of 500 words. Complete your reflections by responding to all prompts.
Theory of Constraints
Describe an example where Theory of Constraints (TOC) was successfully applied to improve a process, or where you saw the potential for TOC to improve the process, in either a company you worked for or a company you were a customer at.
What is the Lean concept and why is it important to study? How can Lean be applied to manufacturing and service processes?
What is work center scheduling and why is it important for firms to focus on?
Supply Chain Strategies
Choose 2 supply chain strategies aimed to improve organizational performance and enhance competitiveness.
Explain each strategy, and give an example of an organization that has used each type of strategy. Was each strategy successful? Why or why not?
Submit your reflection.
For the Theory of Constraints (TOC) portion of your reflection, you can start by describing an example where TOC was successfully applied to improve a process.
This could be a situation where a company identified a bottleneck or constraint in their production process and used TOC principles to alleviate the constraint and improve overall system performance. Alternatively, you can describe a situation where you saw the potential for TOC to improve a process but it was not fully implemented.
Next, you can explain the concept of Lean and why it is important to study. Lean is a methodology focused on eliminating waste and improving efficiency in processes. It emphasizes continuous improvement, respect for people, and the pursuit of perfection. It is important to study because it provides tools and techniques that can help organizations streamline their operations, reduce costs, and enhance customer value. You can then discuss how Lean can be applied to both manufacturing and service processes, highlighting the key principles and practices involved.
To know more about streamline visit-
brainly.com/question/29819327
#SPJ11
What are the five stages of the Strategy Execution Process? 2. What is a Strategic Inflection Point (in your own words)? 3. What is a Strategic Plan? 4. What are at least three of the seven Characteristics of Effectively Worded Vision Statements as discussed in the PowerPoint? 5. What are at least three of the six Common Shortcomings in Company Vision Statements? 6. Why is it important to communicate the company's Strategic Vision? 7. What are the four sections of a Balanced Scorecard? 8. What is stage 5 of executing a chosen strategy?
The solution is given below:1. Five stages of the Strategy Execution Process are as follows: Formulation of the strategy Communicate the strategy Plan and aligning the resources Execute the strategy Monitor and adapting to the changes
2. A Strategy Execution Process is a decisive moment where a significant change takes place in the market or an organization, which can either break the organization or lead it to the path of success. In simple words, SIP can be defined as a time when the environment or the circumstances of a company change so significantly that they have to reevaluate their strategy to continue being successful.
3. A Strategic Plan is a document that defines an organization's direction and objectives, outlining how the resources will be allocated to achieve those objectives. A strategic plan generally covers a period of three to five years, detailing both long-term and short-term goals.
4. The three Characteristics of Effectively Worded Vision Statements are: They are clear and concise.They are future-oriented.They use inspirational language.
5. Three Common Shortcomings in Company Vision Statements are Lack of specificity. Lack of differentiation.Lack of ambition.
6. It is important to communicate the company's Strategic Vision because it: Creates a shared sense of purpose. Empowers employees.Helps in gaining customers' trust.Provides a framework for decision making.
7. Four sections of a Balanced Scorecard are: Financial Perspective Customer PerspectiveInternal Business PerspectiveLearning and Growth Perspective
8. Stage 5 of executing a chosen strategy is Monitoring and adapting. After implementing the strategy, the organization needs to monitor and track the progress towards achieving the objectives set in the strategic plan. They must identify any potential hurdles or risks that they may face and adapt to them accordingly.
To learn more about Strategy Execution Process, visit here
https://brainly.com/question/14310801
#SPJ11
Business intelligence is facts and figures printed on a report
or displayed on a report.
True
False
False. Business intelligence refers to the process of gathering, analyzing, and presenting data to support business decision-making.
The statement is false. Business intelligence (BI) is not limited to facts and figures printed or displayed on a report. Rather, it encompasses the entire process of gathering, analyzing, and presenting data to support business decision-making. Business intelligence involves collecting and organizing data from various sources, applying analytics and data mining techniques to derive insights, and presenting the findings through visualizations, dashboards, and reports. It goes beyond just static reports and includes interactive tools and technologies that enable users to explore data, ask questions, and gain deeper understanding. Business intelligence aims to provide meaningful insights to help businesses make informed decisions and drive performance improvements.
Learn more about business click here;
https://brainly.com/question/13160849
#SPJ11
Firm K is the auditor of Company J. Company J intends to file their annual report with audited financial statements as of December 31, 2017 with the SEC on February 28th, 2018. An error of $500,000 would be considered material by users of the financial statements.
On February 26th, 2018, Company J received a letter from the lawyers of Steve Canseco. The letter states that Mr. Canseco was drinking hot coffee out of a mug produced by Company J on January 15, 2018. The lawyer alleges that the mug broke and the hot coffee spilled all over Mr. Canseco, causing severe burns. Mr. Canseco is suing for $10 million in damages. Company J does not yet know if the event actually transpired, and they therefore do not know whether they will lose the lawsuit, nor do they have a way of determining how much they would expect to pay if they did lose the lawsuit.
O Company J should not record a journal entry in the 2017 financial statements. Company J should add a disclosure to the 2017 financial statements.
O Company J should not record a journal entry in the 2017 financial statements. Company J should not add a disclosure to the 2017 financial statements.
O Company J should record a journal entry in the 2017 financial statements. Company J should add a disclosure to the financial statements.
O Company J should file a request for filing deadline extension with the SEC, stating that more information is needed on a recent material transaction before the financial statements can be finalized.
Firm K is the auditor of Company J. Company J intends to file their annual report with audited financial statements as of December 31, 2017 with the SEC on February 28th, 2018. An error of $500,000 would be considered material by users of the financial statements.
On February 20th, 2018, Company J acquired Company W, for a purchase price of $100 million.
O Company J should not record a journal entry in the 2017 financial statements. Company J should add a disclosure to the 2017 financial statements.
O Company J should not record a journal entry in the 2017 financial statements. Company J should not add a disclosure to the 2017 financial statements.
O Company J should record a journal entry in the 2017 financial statements. Company J should add a disclosure to the financial statements.
O Company J should file a request for filing deadline extension with the SEC, stating that more information is needed on a recent material transaction before the financial statements can be finalized.
Background: Firm K is the auditor of Company J. Company J intends to file their annual report with audited financial statements as of December 31, 2017 with the SEC on February 28th, 2018. An error of $500,000 would be considered material by users of the financial statements. On February 23rd, 2018, a jury decided that Company J infringed on Z Corporation's patent in 2015. Company J was ordered to pay Z Corporation $3 million by March 31, 2018.
O Company J should not record a journal entry in the 2017 financial statements. Company J should add a disclosure to the 2017 financial statements.
O Company J should not record a journal entry in the 2017 financial statements. Company J should not add a disclosure to the 2017 financial statements.
O Company J should record a journal entry in the 2017 financial statements. Company J should add a disclosure to the financial statements.
O Company J should file a request for filing deadline extension with the SEC, stating that more information is needed on a recent material transaction before the financial statements can be finalized.
For the first scenario regarding the potential lawsuit from Steve Canseco, the appropriate course of action would be:
O Company J should not record a journal entry in the 2017 financial statements. Company J should add a disclosure to the 2017 financial statements.
Since Company J does not yet know if the event actually transpired and the outcome of the lawsuit is uncertain, it is not appropriate to record a journal entry for potential damages. However, it is necessary to provide a disclosure in the financial statements to inform users about the pending and its potential impact on the company.
For the second scenario regarding the acquisition of Company W, the appropriate course of action would be:
O Company J should record a journal entry in the 2017 financial statements. Company J should add a disclosure to the financial statements.
The acquisition of Company W is a material transaction that should be reflected in the 2017 financial statements. A journal entry should be recorded to account for the purchase price and recognize any related assets and liabilities. Additionally, a disclosure should be included to provide further information about the acquisition, such as the terms and impact on the financial statements.
For the third scenario regarding the infringement lawsuit from Z Corporation, the appropriate course of action would be:
O Company J should record a journal entry in the 2017 financial statements. Company J should add a disclosure to the financial statements.
The decision by the jury and the requirement for Company J to pay $3 million by March 31, 2018, indicates a probable loss that should be recorded in the 2017 financial statements. A journal entry should be made to recognize the liability. Additionally, a disclosure should be included to provide information about the lawsuit, the judgment, and its potential impact on the company.
to know more about lawsuit click this link
brainly.com/question/30392587
#SPJ11
Fast Delivery is the world's largest express transportation company. In addition to the world's largest fleet of all-cargo aircraft, the company has more than 661 aircraft and 66,000 vehicles and trailers that pick up and deliver packages. Assume that Fast Delivery sold a delivery truck that had been used in the business for three years. The records of the company reflected the following: Delivery truck cost Accumulated depreciation $ 49,000 34,200 Required: 1. Prepare the journal entry for the disposal of the truck, assuming that the truck sold for: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) a. $14,800 cash b. $15,800 cash c. $14,100 cash Journal entry worksheet 1 2 3 Record the disposal of the truck, assuming the truck was sold for $14,800 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 Record the disposal of the truck, assuming that the truck was sold for $15,800 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit b. Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 Record the disposal of the truck, assuming the truck was sold for $14,100 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit C. Record entry Clear entry View general journal
1. **Journal entry for the disposal of the truck, assuming the truck was sold for $14,800 cash:**
Transaction: Disposal of Truck
Cash $14,800
Accumulated Depreciation $34,200
Loss on Disposal $4,000
Delivery Truck ???
Explanation: When the truck is sold for $14,800 cash, the cash account is debited for the amount received. The accumulated depreciation account is credited to remove the accumulated depreciation on the truck. There is a loss on the disposal of $4,000, which is calculated as the difference between the truck's cost and the selling price. The remaining amount needs to be credited to the Delivery Truck account to remove the asset from the books. The exact credit amount depends on the initial cost of the truck.
2. **Journal entry for the disposal of the truck, assuming the truck was sold for $15,800 cash:**
Transaction: Disposal of Truck
Cash $15,800
Accumulated Depreciation $34,200
Loss on Disposal ???
Delivery Truck ???
Explanation: When the truck is sold for $15,800 cash, the cash account is debited for the amount received. The accumulated depreciation account is credited to remove the accumulated depreciation on the truck. There will be a loss on the disposal, but the specific amount depends on the initial cost of the truck. The remaining amount needs to be credited to the Delivery Truck account to remove the asset from the books.
3. **Journal entry for the disposal of the truck, assuming the truck was sold for $14,100 cash:**
Transaction: Disposal of Truck
Cash $14,100
Accumulated Depreciation $34,200
Loss on Disposal ???
Delivery Truck ???
Explanation: When the truck is sold for $14,100 cash, the cash account is debited for the amount received. The accumulated depreciation account is credited to remove the accumulated depreciation on the truck. There will be a loss on the disposal, but the specific amount depends on the initial cost of the truck. The remaining amount needs to be credited to the Delivery Truck account to remove the asset from the books.
Learn more about credit amount here:
https://brainly.com/question/32330218
#SPJ11
Using the following project information, calculate the variance for each of the project activities. Optimistic Time Estimate(weeks) Most Likely Time Estimates (weeks) Pessimistic Time Estimates (weeks) Immediate Predecessor(s) Activity A 2 3 Сл 5 none B 2.5 4 5 А с 5 7 00 8 A D 3 5 7 B.C E 3 6 14 B,C ח ד ם F 2 5 8 D G 4 5 6 E I Н. 6 6 8 F 1 5 7 10 G J 2 3 3 HI (Round your answers to 2 decimal places, e.g. 1.75.) Activity Variance A B с D E F G H Н. 1 J
To calculate the variance for each project activity, we can use the PERT (Program Evaluation and Review Technique) formula:
Variance = [(Pessimistic Time Estimate - Optimistic Time Estimate) / 6]^2
Let's calculate the variances for each activity based on the given data:
Activity A:
Variance = [((5 - 2) / 6)]^2 = 0.56
Activity B:
Variance = [((5 - 2.5) / 6)]^2 = 0.07
Activity C:
Variance = [((8 - 5) / 6)]^2 = 0.33
Activity D:
Variance = [((7 - 3) / 6)]^2 = 0.44
Activity E:
Variance = [((14 - 3) / 6)]^2 = 1.64
Activity F:
Variance = [((8 - 2) / 6)]^2 = 0.67
Activity G:
Variance = [((6 - 4) / 6)]^2 = 0.11
Activity H:
Variance = [((8 - 6) / 6)]^2 = 0.11
Activity I:
Variance = [((7 - 6) / 6)]^2 = 0.03
Activity J:
Variance = [((3 - 2) / 6)]^2 = 0.03
Now we have calculated the variances for each activity:
Activity Variance
A 0.56
B 0.07
C 0.33
D 0.44
E 1.64
F 0.67
G 0.11
H 0.11
I 0.03
J 0.03
Note: The variances are rounded to two decimal places as per the instructions.
Learn more about variance here:
brainly.com/question/25397585
#SPJ11
Calculate Proprietary Ratio from the following:
Equity Shares Capital ₹ 4,50,000 9% Debentures ₹ 3,00,000
10% Preference Share Capital ₹ 3,20,000 Fixed Assets ₹ 7,00,000
Reserves and Surplus ₹ 65,000 Trade Investment ₹ 2,45,000
Creditors ₹ 1,10,000 Current Assets
The proprietary ratio for the given scenario is 56.3%, indicating that 56.3% of the assets are financed by the owners' investment or shareholders' funds.
The Proprietary Ratio indicates the proportion of assets financed by the owners' investment. The formula for the proprietary ratio is as follows:Proprietary Ratio = Shareholders' Funds / Total Assetswhere Shareholders' Funds = Equity Share Capital + Preference Share Capital + Reserves and SurplusShareholders' Funds = ₹ 4,50,000 + ₹ 3,20,000 + ₹ 65,000= ₹ 8,35,000Total Assets = Fixed Assets + Trade Investments + Current AssetsFixed Assets = ₹ 7,00,000Trade Investments = ₹ 2,45,000Current Assets = ?Current Liabilities = Creditors + 9% Debentures= ₹ 1,10,000 + ₹ 3,00,000= ₹ 4,10,000Current Assets = Total Assets - Current LiabilitiesCurrent Assets = ₹ 7,00,000 + ₹ 2,45,000 - ₹ 4,10,000= ₹ 5,35,000Substituting the values:Proprietary Ratio = Shareholders' Funds / Total Assets= ₹ 8,35,000 / (₹ 7,00,000 + ₹ 2,45,000 + ₹ 5,35,000)= ₹ 8,35,000 / ₹ 14,80,000= 0.563 or 56.3%
Learn more about Proprietary here :-
https://brainly.com/question/30129857
#SPJ11
Andre and Marie are both age 26 and have two children under the age of four. The children are both too young to attend school as yet so Marie is at home with them full-time and expects to remain at home at least until the youngest child, now age two, is in school full-time when she turns five. While Marie is at home Andre is the sole family wage earner, grossing $65,000 annually, as an employee of the local school board. The family rents a midrange condominium but owns two vehicles: a new van, with a $12,000 loan outstanding and a five-year-old sedan and have $7,500 in a spousal RRSP. What is the greatest risk exposure that the couple could face in the event of the premature death of one of them? A) Income taxes B) Debt repayment C) Loss of caregiver services D) Loss of income
The greatest risk exposure that the couple could face in the event of the premature death of one of them is Loss of income.
As Andre is the sole wage earner for the family, his premature death would result in a significant loss of income, leaving the family without his primary source of financial support. This loss of income can have severe financial implications, making it challenging for the surviving spouse, Marie, to meet the family's expenses and maintain their current standard of living.
While income taxes and debt repayment are important considerations, the immediate and substantial impact of losing the primary income earner outweighs these factors. The loss of caregiver services (C) may also pose challenges for the family, but it can be mitigated through alternative caregiving arrangements.
It is crucial for the couple to assess their life insurance needs and consider obtaining adequate life insurance coverage to provide financial support for the surviving spouse and children in the event of an untimely death. Life insurance can help replace the lost income, cover outstanding debts, and provide a financial safety net during a difficult time.
Learn more about life insurance here:
https://brainly.com/question/31947174
#SPJ11
