If the severity of risk is low and the frequency of the risk event occurring is high thanwe should Avoid the risk.
High Frequency/ High Severity- Risks are almost certain to occur and when they occur impact will be very high. In such a case it is best to use Avoidance as a risk management technique. If avoidance is not possible then prevention and insurance techniques can be considered. High frequency/ Low severity- This more serious risk and occurrence is high but the impact is low. Examples of such risks include workers’ injuries and shoplifting. A common way to manage this type of risk is through Prevention.
Low frequency/ High severity- The impact of these kinds of risks is very high and can bankrupt a business. Insurance is the best technique to manage these risks that have low loss frequency and high loss severity. Low frequency/ Low severity- Retaining and self-insuring the risk. Risk occurrence is low and impact is also very low. In most cases, the costs of managing them outweigh the cost of retaining them.
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Jones, Incorporated acquires 15% of Anderson Corporation on January 1, 2020, for $105,000 when the book value of Anderson was $600,000. During 2020 Anderson reported net income of $150,000 and paid dividends of $50,000. On January 1, 2021, Jones purchased an additional 25% of Anderson for $200,000. Any excess cost over book value is attributable to goodwill with an indefinite life. The fair-value method was used during 2020 but Jones has deemed it necessary to change to the equity method after the second purchase. During 2021 Anderson reported net income of $200,000, and reported dividends of $75,000. The income reported by Jones for 2021 with regard to the Anderson investment is:_____.
a. $80,000.
b. $30,000.
c. $50,000.
d. $15,000.
e. $75,000.
The income reported by Jones for 2021 with regard to the Anderson investment is $80,000
In 2021 Jones changed the method from fair value to Equity method.
In the equity method Income reported is
= income of the company in which investment is made x capital share in that company
= $200,000 x 40%
= $80,000
Investing is dedicating an asset to achieve an increase in value over a period of time. Making an investment requires sacrificing your current assets such as time, money, and effort. In finance, the purpose of investment is to generate a return on the assets invested
The definition of investment is an asset that is purchased or invested to build wealth and save money from hard-earned income or capital appreciation.
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Pd is an example of which type of capital that can be possessed by an individual?
Pd is an example of cultural capital that can be possessed by an individual. A person can use their cultural capital to show their cultural competency and their social standing. Cultural capital is the collection of information, behaviors, and abilities.
An individual who is informed about a variety of cultures and is at ease debating their value and virtues the embodies cultural capital in this new definition. It is characterized by the knowledge and the ability to apply the proper information in any situation, including a job interview, a talk with a neighbor, creating a professional network, and so forth.
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What effect does the issuance of a 2-for-1 stock split have on shares issued and retained earnings?
The issuance of a 2-for-1 stock split on shares issued and the retained earnings, the share price will be halved.
Thus, a stock split always increases the number of outstanding shares and proportionately it lowers the price of the shares , In this issuance the market capitalization of the company remains unchanged.
A stock split is a good decision taken by a company's board of directors to increase the number of shares outstanding by issuing more shares to current shareholders.
Stock splits can improve the trading liquidity and the stocks are seemed to be more affordable.
The most common split ratios are 2-for-1 and 3-for-1, it means that a stockholder will have two or three shares, respectively, for each share held before the split of stocks.
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When discussing marital aggression, which is a stage the couple typically goes through?
An acute battering incident, the loving contrition stage, the tension-building stage except for the fight-or-flight stage.
What is tension-building stage?Tension-building stage, The abuser is argumentative and aggressive, yelling, criticizing, swearing, and making angry gestures. Coercion, threats, or minor fights may be used by the abuser at times.
These stages involve tension buildup, the abuse incident, reconciliation, and a time of quiet.
A severe beating episode—
When the tension reaches a breaking point, the physical violence begins. It is frequently triggered by the existence of an external event or by the emotional condition of the abuser—but not by the victim's behavior. This indicates that the beginning of the battering episode is unpredictable and outside of the victim's control.
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True or false?
You have created a great new smartphone app while working for apple. apple can sell this app to a third party.
You have created a great new smartphone app while working for apple. apple can sell this app to a third party. This statement is True.
Apple Inc. is an American multinational technology company specializing in consumer electronics, software, and online services, headquartered in Cupertino, California, USA. Apple is the largest technology company by revenue (totaling $365.8 billion in 2021), and as of June 2022, the world's largest company by market capitalization, the fourth largest PC vendor by unit sold, and the second largest mobile phone manufacturer. It is one of his big five IT companies in America, along with Alphabet, Amazon, Meta, and Microsoft.
Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976 as the Apple Computer Company to develop and sell Wozniak's Apple I personal computer. Founded in 1977 by Jobs and Wozniak as Apple Computer, Inc., the company's next computer, the Apple II, became a bestseller. Apple went public in the 1980s and quickly became a financial success.
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When a firm produces a specific output level at a higher cost than the necessary cost for that level of output, it is called?
When a firm produces a specific output level at a higher cost than the necessary cost for that level of output, it is called: x-inefficiency.
What is x-inefficiency?X-inefficiency can be defined as the process in which a company or an organization cost of production is higher.
A company or an organization can be classified as x Inefficiency when their cost of production or average cost of production is on the high side and this may occur due to lack of competitors or lack of competition.
Therefore when a firm produces a specific output level at a higher cost than the necessary cost for that level of output, it is called x-inefficiency.
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Luminaires shall be wired with conductors having insulation suitable for the _____ to which the conductors will be subjected.
Luminaires shall be wired with conductors having insulation suitable for the _____ to which the conductors will be subjected.
I. environmental conditions II. current-voltage III. temperature.
What are luminaires?
The Illuminating Engineers Society (IES) makes use of luminaire. Fixture is employed by the US Congress. And it's typical to hear someone refer to a source of light as a lamp. Although both names are technically correct, the correct term is luminiire.
A luminaire is described as "a complete lighting unit consisting of a lamp or lamps together with the parts designed to distribute the light, to position and protect the lamps, and to connect the lamps to the power supply" in both the IES Lighting Handbook and the 2014 National Electrical Code, Article 100 (which originally the 2004 NEC).
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When the ownership percentage of stock exceeds 20 percent but is less than 50 percent, gaap presumes that the investor:_______.
When the ownership percentage of stock exceeds 20 percent but is less than 50 percent, Gaap presumes that the investor: is able to exert influence over the investee company.
What is Consolidation Rules Under GAAP?The general rule requires consolidation of financial statements when one company's ownership interest in a business provides it with a majority of the voting power -- meaning it controls more than 50 percent of the voting shares. But even if your company's equity or voting interest is 50 percent or less, consolidation may still be required. In the absence of owning a majority of the equity, extensive contractual agreements or other business arrangements between two enterprises may be sufficient to establish the requisite control that warrants consolidating financial statements.
The Principles of GAAP-
The four basic constraints associated with GAAP include
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What does research suggest about the relationship between goals and consciousness?
Answer:
Goals are the tools with which people engage in volitional behavior. Whereas goal pursuit was traditionally assumed to be strongly related to consciousness, recent research and theorizing suggest that goals guide behavior through attention, and this guidance can occur outside of a person's awareness
Explanation:
Which type of satisfaction describes whether an employee is satisfied with aspects such as pay, benifits, and job tasks?
Cognitive job satisfaction measures how satisfied employees are with certain aspects of their work, such as: B. Wages, Working Hours, or Social Security.
Job satisfaction is defined as an employee's satisfaction with their job. This goes beyond day-to-day operations and covers satisfaction with team her members/managers, satisfaction with company policies, and the impact their work has on employees' personal lives.
There are two levels of job satisfaction: effective job satisfaction and cognitive job satisfaction. Effective job satisfaction refers to an individual's overall emotional response to work. Cognitive job satisfaction measures how satisfied a person is with their job.
Job satisfaction measures how satisfied, comfortable, or content a person is with their job. It is the pleasant or positive emotional state that results from evaluating one's work and work experience.
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An increase in the number of sellers of a good will __________________ for that good equilibirum
An increase in the number of sellers of a good will reduce price of the good for that good equilibirum.
A change in supply will cause equilibrium price and output to change in opposite directions means that if the output will increase then the price will decrease.
An increase in supply will always cause a reduction in the equilibrium price and in this case an increase in the equilibrium quantity of a good.
The increase in supply leads to an excess supply at the initial price. which further causes the price to fall and quantity demanded to increase.
However, a decrease in supply will always cause an increase in the equilibrium price and a great fall in the equilibrium quantity of a good.
The decrease in supply always leads to an excess demand at the initial price which further leads to the price to rise and quantity demanded to decrease.
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The __________ approaches her social world with practical knowledge, whereas the __________ approaches the world by using reasoning and questions to gain deeper insights.
The everyday actor approaches her social world with practical knowledge, whereas the social analyst approaches the world by using reasoning and questions to gain deeper insights.
A social media analyst is a person who always assesses your logo's owned statistics, campaign and content material performance and social listening statistics, and interprets all of it inevery day actionable business tips.
An analyst gathers, interprets, and makes use of complex records day-to-day to develop actionable steps as a way to improve strategies and optimize consequences. She or he assesses organization and client wishes, gets strong facts, and analyzes it, looking for telltale trends or areas for development.
Social Media Analyst collects and analyzes data day-to-day social media advertising campaigns. Assists groups in figuring out suitable social media channels for their specific enterprise needs, and tailors campaigns every day for the target audience.
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In ______ feedback, the receiver provides nonevaluative information to the communicator.
In informational feedback, the receiver provides non-valuative information to the communicator.
Feedback in the context of communication refers to a reaction from the recipient that informs the communicator of the message's effectiveness and whether it needs to be amended.
Alternatively said, feedback is the message's reception by the recipient
Corrective feedback is when the receiver challenges the initial communication in response to informational feedback, which is when the receiver provides non-evaluative information to the communicator.
Reinforcing feedback occurs when the recipient expresses explicitly that she has understood the message and its goals.
Hence, in informational feedback, the receiver provides non-valuative information to the communicator.
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Alignment between people, processes, structure, values, and environments is the __________ perspective.
Alignment between people, processes, structure, values, and environments is the behavioral perspective.
The behavioral perspective is the alignment between various aspects such as of people, values, structure, processes, environments and the way we behave and learn, which can be explained through our interactions with the environment.
As our actions are always responses to stimuli, which either occur naturally or because of our learned response. Thus, through a process called conditioning, all the behaviors are learned through interaction with the environment. This perspective also seeks to explain the way motivation can impact behavior.
Hence, the behavioral perspective centers around learned behaviors.
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A new product costs $.84 each to manufacture and $.52 each to market. if 50,000 will be sold, what must the price of each product be to provide a profit of 15 percent of the price?
The price of each product to provide a profit of 15 percent of the price will be $1.6
Given,Cost = $0.84 to manufacture
Cost = $0.52 to market
To get 15% of the price let the selling price be x
So,50000*(y-(0.84+0.52) ) = 50000*(.15)*y
y-1.36 = 0.15y
0.85y = 1.36
y = 1.36/0.85 = $1.6
Answer is $1.6
For businesses, profit is the positive financial gain remaining after all costs, taxes, and expenses have been deducted from total sales. A business owner will either apportion profits or reinvest them back into their company.
There are four levels of profit or profit margins: gross profit, operating profit, pre-tax profit, and net profit.
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Andy has a credit rating of 800, and mia has a credit rating of 585. they both apply for the same loan amount from newton bank. the bank approves andy’s loan at 6.5%, and mia is charged 4 percentage points more because of her lower credit rating. what interest rate does mia have to pay?
10% interest rate to be paid by Mia.
What do interest rates mean?An interest rate indicates how expensive borrowing is or how lucrative saving is. Therefore, if you are a borrower, the interest rate is the sum you pay for borrowing money and is expressed as a percentage of the overall loan amount.The basic interest formula is as follows, for instance, if you take out a $20,000 loan with a five-year term and a 5% interest rate: $5,000 in interest results from multiplying $20,000 by.05 by 5.The nominal interest rate, the effective interest rate, and the real interest rate are the three primary categories of interest rates. The declared rate on which interest payments are computed is the nominal interest on an investment or loan.10% interest rate to be paid by Mia.
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Which method of estimating bad debts is required by gaap when the amount of bad debt is material?
For financial reporting purposes, the allowance approach is necessary when bad debts are significant. It has three crucial characteristics During the same accounting period that sales occurred, uncollectible accounts receivable are estimated and compared to sales.
The allowance technique is setting aside a reserve for anticipated future bad debts. The reserve is calculated as a percentage of the sales made during a reporting period, with the percentage of sales possibly being adjusted for client risk.
How much cash a company should set aside for potential future bad or unrecoverable customer debt is determined using the allowance technique. It takes into account the price of the losses a business anticipates from giving customers credit.
It multiplies the accounts receivable by the relevant percentage for the aging period, puts those two sums together, and uses that result to estimate the allowance for dubious accounts.
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If ryan copies an article from a computer science journal that sells subscriptions and then distributes the copies to 25 employees at his company, his action?
Ryan would be liable for copyright infringement.
What is copyright infringement?Infringement of copyright is the use of works protected by copyright without permission for a usage where such permission is required, hence infringing some exclusive rights provided to the copyright.
Infringement notices are used to formally warn an infringer that their content must be removed. When you discover infringement, mailing a cease and desist letter is usually the best course of action.
A Copyright Infringement Notice should specify which copyrighted work or works have been infringed by another party. At the very least, the letter should specify the work that is infringing on your copyright, as well as any pertinent data.
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Economics can be divided into microeconomics and macroeconomics. One of these areas studies large units or groups and one studies small units or groups. Which do you think studies small units? why?.
Microeconomics is the study of economics which study small units of economy.
What is microeconomics and macroeconomics?
The study of economics at the individual, small group, or business level is known as microeconomics. The study of a nation's economy as a whole is called macroeconomics, in contrast. Problems that affect both people and enterprises are the main emphasis of microeconomics. Macroeconomics is the study of issues that affect both the world and the nation.
What is the purpose of microeconomics?
The decision-makers can assess and decide how the productive resources are allocated for different goods and services with the aid of a study of microeconomics. Additionally, it aids in resolving the conundrum faced by producers on what to make, how much to produce, and for whom to produce.
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The data a firm can leverage is a true strategic asset when it is valuable, rare, imperfectly imitable, and non-substitutable.
a) true
b) false
The answer is option a) true.
Leverage is the ratio of a company's debt to equity that it has (its capital structure). A corporation is said to be highly leveraged if it has more debt than is typical for its sector. When consumers have options and frequently make purchases, they are more likely to remember earlier costs. This makes dynamic pricing particularly challenging. We must have an overall architecture and strategy for data before we can utilize it. It is crucial to ensure that the data models supporting the important functional domains are suitable and that data quality is consistent. Companies may transform unactionable data into valuable insights by leveraging it. Organizations must develop their ability to efficiently gather, analyze, and convey information if they are to successfully exploit data.
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Using the previous budget as a starting point and making adjustments to the funds allocated to each expense category is the budgeting approach known as ______ budgeting.
Using the previous budget as a starting point and making adjustments to the funds allocated to each expense category is the budgeting approach known as incremental budgeting.
What is incremental budgeting?The concept behind incremental budgeting is that the easiest way to create a new budget is to just make minor adjustments to the one that is already in place.In other words, incremental budgeting involves starting with the present budget and adding or subtracting incremental assumptions to arrive at new budget numbers. In terms of budgeting techniques, incremental budgeting is frequently regarded as the most conservative strategy.Entrepreneurship is extremely dangerous, but it can also be very rewarding because it contributes to economic growth, innovation, and wealth.For entrepreneurs, securing money is essential: SBA loans and crowdsourcing are two forms of finance.The manner business owners file their taxes and pay them will depend on the organizational structure of their company.To know more about incremental budgeting with the given link
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The ______ is required for any company or sole proprietorship that is engaged in the business of making or brokering consumer or commercial loans.
The Finance Lenders Law License (CFLL) is required for any company or sole proprietorship that is engaged in the business of making or brokering consumer or commercial loans.
A California Financing Law license may be granted as a broker, a finance lender, or as both a broker and a finance lender. Any person or business that conducts consumer or commercial lending activities, as well as any person or business that negotiates or acts in any capacity as a broker in connection with loans made by a finance lender, whether those loans are secured by residential or commercial real estate, personal property, or unsecured obligations, is required to obtain this license through NMLS.
According to the law, "any individual involved in the business of issuing consumer loans or making commercial loans" is a finance lender. A license for finance lenders exempts the licensee from the California Constitution's prohibition on usury.
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In a(n)____, one company, or even a small group of cooperating companies has control of the supply of a product or service.
In acquisition, one company, or even a small group of cooperating companies has control of the supply of a product or service.
The term mergers and acquisitions (M&A) refers to business transactions where the ownership of corporations, other businesses, or their operating units is transferred or combined with another entity.
M&A can help businesses expand or contract, change the character of their operations, or improve their competitive position as a component of strategic management.
Legally speaking, an acquisition is when one entity buys the stock, equity interests, or assets of another business. A merger, on the other hand, is the legal fusion of two entities into one.
From a business and economic perspective, these kinds of transactions typically lead to the consolidation of assets and liabilities into a single organization.
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Today, benefit and service offerings add nearly _________ to an organization payroll costs
Today, benefit and service offerings add nearly 40% to an organization's payroll costs.
Employee benefits are indirect financial payments given to personnel. they will include supplementary fitness and lifestyles insurance, vacation, pension plans, education plans, and reductions. three mandatory benefits (CPP/QPP, RI, and workers compensation) account for over 50% of the organization's part of benefits.
It includes salaries, wages and social protection contribution (i.e. health insurance), paid leaves, earnings sharing and bonus, es and non-monetary advantages like automobiles, unfastened scientific facilities, free or backed items, free or subsidized lunch, etc.
Employee benefits are also known as perks or fringe benefits. this is the greater pay given to the personnel over the month-to-month salaries and wages. a few examples of worker benefits are medical health insurance, stock alternatives and medical insurance; these are a few basic blessings presented to employees.
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If the aunt's offer to her niece was held to be valid, it would be an offer for what type of contract?
It would be A unilateral contract.
In a unilateral agreement, there's a specific provision that a charge is made simplest via a party's performance. some other example of unilateral settlement is a reward or a contest. In a unilateral settlement, the offeror may also revoke the provide earlier than the offeree's performance starts. generally, the revocation desires to be expressed.
A unilateral settlement is an agreement that is one-sided; in different words, one man or woman makes a promise to do something while the opposite does now not take motion without delay. instead, the other birthday party will act in destiny. Examples of unilateral contracts consist of contests. Take a consuming contest, for example.
An example of a unilateral contract is an insurance coverage contract, that's typically in part unilateral. In a unilateral settlement, the offeror is the best party with a contractual obligation. Unilateral contracts are typically one-sided.
Unilateral contracts require one party to make a promise. The settlement isn't always entire until a person plays it. Bilateral contracts, however, require at the least human beings to make guarantees to every other, consisting of while you rent a condo. these promises require every birthday party to carry out their part of the contract.
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For countries participating in a regional trading agreement, what makes this type of agreement significant to the countries involved?
For countries participating in a regional trading agreement, the type of agreement signed by the countries involved is to eliminate barriers to the movement of labor, goods, and capital across those countries involved in it.
A pact that is signed by two or more nations to promote the unrestricted flow of goods and services across their boundaries is referred to as a regional trading agreement.
The pact includes internal regulations that the member nations abide by among themselves. There are external regulations in place that the members abide by when interacting with non-member nations.
Trade agreements provide benefits to member nations, primarily in the form of increased job possibilities, decreased unemployment rates, and expanded market prospects.
Additionally, because investment guarantees are frequently included in trade agreements, investors who want to put money into developing nations are shielded from political risk.
Businesses in member nations have more incentives to expand into new markets because of the favorable trading circumstances brought about by the policies adopted.
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Jacqi tells kenneth, who does not know how to perform comedy, that she will tutor him in the subject for $500. As an offer, this is?
Jacqi tells Kenneth, who does not know how to perform comedy, that she will tutor him in the subject for $500. As an offer, this is effective.
Comedy is a genre of fiction consisting of narratives or works intended to be humorous or funny by inducing laughter, especially in theatre, film, stand-up comedy, television, radio, books, and other entertainment media.
It is in this sense that Dante used the term in the title of his poem La Commedia. Over time, the word became more and more associated with all kinds of performances intended to make people laugh. In the Middle Ages, the term "comedy" became synonymous with satire, and later humor was Synonymous with General.
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According to the pecking-order theory managers will often choose to finance with?
According to the pecking-order theory managers will often choose to finance with debt rather than new equity.
The Pecking Order Theory is also known as the Pecking Order Model. This theory relates to a company’s capital structure. It was made popular by Stewart Myers and Nicolas Majluf in 1984.
The theory of Pecking order states that managers should follow a hierarchy while considering sources of financing.
In the context of the pecking order theory, retained earnings financing also known as internal financing comes directly from the company which minimizes the information asymmetry.
In oppose to the external financing, such as debt or equity financing where the company is required to incur fees to obtain external financing, internal financing is the cheapest and most convenient source of financing.
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What has been the effect of intense consolidation in certain hospital markets?
a. dilution of competition
b. better access
c. improved quality
d. increased competition
Dilution of competition has been the effect of intense consolidation in certain hospital market.
Option A is correct.:
Health care markets :
Health care market are becoming more consolidated, causing price increases for purchasers of health services, and this trend will continue for the foreseeable future despite anti-trust enforcement;
Government can still play an effective role in addressing higher prices that come from consolidation by pursuing policies that foster increased competition in health care markets. Many of these policies can be effective even in markets with high degrees of concentration, such as in Northern California.
Competition in hospital market
More health care competition exists in the United States than in any other industrial nation. The puzzle confounding reformers is that while competition has been enormously successful at producing quality-enhancing innovation, it appears to have failed on the crucial dimension of cost. A closer look suggests not that competition is failing, but that incentives throughout the system have been so skewed that the normal rules of competition simply do not apply. Prices remain high even when there is excess capacity. Technologies remain expensive even when they are widely used. Hospitals and physicians remain in business even when they charge higher prices for equal quality or fail to provide high-quality service.
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The cost method that will yield an ending inventory that is closer to current prices is the________.
The cost method that will yield an ending inventory that is closer to current prices is the FIFO inventory cost method.
What do you mean by cost method?
Certain investments are recorded using the cost method of accounting in a company's financial statements. When an investor owns an investment and has little or no control over it, which is often expressed as owning less than 20% of the company, they adopt this strategy.
What is FIFO and LIFO method?
The Last-In, First-Out (LIFO) approach is predicated on the idea that the most recent or most recent unit to enter inventory gets sold first. The oldest unit of inventory is supposed to be sold first according to the First-In, First-Out (FIFO) technique.
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