The control not usually performed in the vouchers payable department is: accounting for unused prenumbered purchase orders and receiving reports.
This task is typically handled by the purchasing and receiving departments, respectively. The vouchers payable department focuses on processing and recording payments for approved invoices.
A voucher is a document that lists all the supporting materials for outstanding payments, including any payments made to suppliers or vendors. The voucher registry contains both the relevant documentation and the coupon.
Because they aid in locating the source of a transaction, vouchers are also referred to as "source documents." Cash memos, checks, bill receipts, pay-in slips, debit notes, credit notes, invoices, etc. are a few instances of these.
The one thing that is not usually perfomed in the vouchers payable department is that of the expense accounts to be debited.
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g what is the coefficient of variation based on monthly return for nasdaq during the sample period?
The coefficient of variation (CV) is a measure of relative variability that compares the standard deviation to the mean.
To calculate the CV for the NASDAQ monthly return during the sample period, you will need the mean and standard deviation of the returns.
CV = (Standard Deviation / Mean) × 100
The coefficient of variation is primarily used to compare the variability of different datasets with different units of measurement, as it provides a standardized measure of dispersion. It is often used in financial analysis to assess the risk of an investment relative to its potential return.
Unfortunately, I cannot provide specific values for the mean and standard deviation, as the sample period is not specified in your question. Once you have the mean and standard deviation for the NASDAQ monthly returns during the desired sample period, you can apply the formula above to find the coefficient of variation.
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what is the title of the article and full citation? how would you describe the legal issue in your own everyday jargon? part of studying law will be learning new concepts and vocabulary. why is the legal issue important for companies/businesses? why is the legal issue important for the people who make up these companies? (think about staff, employees, customers, clients, managers, executive - examine the micro issues) why is the legal issue important for the economy and/or society? (examine the macro issues)
The legal issue refers to a problem or dispute that arises within the context of the law, and it is important because it can have serious consequences for both individuals and organizations involved.
The legal issue, in simple terms, refers to a problem or dispute that arises within the context of the law. It could involve issues such as breach of contract, intellectual property infringement, employment discrimination, or violations of regulations or laws.
The legal issue is important because it can have serious consequences for both individuals and organizations involved, potentially resulting in financial penalties, legal liability, and damage to reputation.
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The complete question is :
What is the legal issue in your own everyday jargon?
on december 1, simpson marketing company received $2,700 from a customer for a 2-month marketing plan to be completed january 31 of the following year. the cash receipt was recorded as unearned revenue. the adjusting entry for the year ended december 31 would include:
The adjusting entry for the year ended December 31 would involve recognizing a portion of the unearned revenue as earned revenue, as the marketing plan has been partially completed by this point.
Assuming that the 2-month marketing plan runs from December 1 to January 31, the company would have completed one month of work by December 31. Therefore, the adjusting entry would involve recognizing one month's worth of revenue.
To do this, the company would debit Unearned Revenue for $1,350 (which represents the portion of the $2,700 payment that has not yet been earned), and credit Revenue for $1,350 (which represents the portion of the $2,700 payment that has been earned as of December 31).
The adjusting entry would be as follows:
Debit: Unearned Revenue $1,350
Credit: Revenue $1,350
This entry recognizes the revenue that has been earned during the period and reduces the liability for unearned revenue accordingly.
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true or false: for a majority of advertising dollars to be online, you need both guarantees and price discovery.
The statement is false because price discovery is not a necessary condition for a majority of advertising dollars to be online.
While guarantees can be important in ensuring that advertisers are getting the value they expect from their ad spend, price discovery is not essential for online advertising to thrive. In fact, many online advertising platforms rely on auction-based pricing mechanisms where the market determines the price of ad inventory in real-time, rather than through predetermined pricing.
Additionally, online advertising has seen significant growth even without the use of guarantees or price discovery, with many advertisers finding value in the ability to target specific audiences and measure the performance of their campaigns in real-time.
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the major factor that has and will continue to influence growth in the health care sector of the u.s. economy is:
One major factor that has and will continue to influence growth in the healthcare sector of the U.S. economy is demographic changes, particularly the aging of the population.
As the baby boomer generation ages, there is an increased demand for healthcare services and products, including medical treatments, drugs, medical devices, and long-term care.
In addition to demographic changes, advances in medical technology and research are also contributing to the growth of the healthcare sector. This includes the development of new drugs and therapies, medical devices, and diagnostic tools, which are improving the quality of care and extending the lives of patients.
Another factor that is driving growth in the healthcare sector is the increasing prevalence of chronic diseases, such as diabetes and heart disease, which require ongoing medical attention and treatment. This trend is expected to continue in the coming years, further driving demand for healthcare services and products.
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the winner of a $4 million powerball lottery ticket bought at a gas station in fontana calif
The winner of a $4 million Powerball lottery ticket purchased at a gas station in Fontana, California, can be described as a fortunate individual who experienced a life-changing event.
What's Powerball lottery?By participating in the Powerball lottery, the winner managed to match the required numbers, securing a substantial prize.
The purchase of the ticket at a local gas station demonstrates that even everyday errands can lead to unexpected and significant outcomes.
As a result of their winnings, the individual now has the opportunity to improve their financial stability and pursue new ventures.
Overall, this event highlights the unpredictable nature of lotteries and the potential for immense rewards for those who choose to participate.
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brenda is developing her personal financial plan. one of the first things she does is to identify her personal values, which she then connects to her budget. why?
Identifying personal values and connecting them to a finances is an vital step in developing a personal financial plan as it allows people align their spending behavior with their values and priorities.
By understanding what's maximum crucial to them, people can create a budget that reflects their values and guarantees that they may be allocating their monetary resources in a way this is regular with their desires and aspirations.
As an example, if Brenda places a high cost on travel and adventure, she may additionally allocate a larger part of her finances to tour expenses. Conversely, if she values saving for retirement or investing in her education, she might also choose to allocate a bigger portion of her finances to lengthy-time period savings and investments.
By connecting personal values to a budget, individuals can create a economic plan that is not best sensible but additionally significant and enjoyable, assisting them reap their monetary desires while dwelling a life that aligns with their values.
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What characterizes the equilibrium in a typical Complete
Intertemporal Model with Money?
The equilibrium in a typical Complete Intertemporal Model with Money is characterized by the equality between the demand for and supply of money, as well as the equality between the supply of and demand for goods and services.
This means that in the long run, the economy reaches a steady state where prices, interest rates, and consumption remain constant. However, this equilibrium is subject to shocks and changes in policy that can affect the economy's performance over time.
Additionally, the model incorporates the intertemporal choice of individuals, meaning that their decisions are influenced by their future income and consumption expectations.
Overall, the equilibrium in this model is achieved through the interactions of various economic agents, including households, firms, and the government, in a dynamic framework that takes into account both the short-term and long-term effects of economic policies and external shocks.
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managers are able to influence which of the following types of external forces? multiple select question. currency exchange rates the structure of their industry strategic group composition interest rates
The managers are able to influence the structure of their industry
strategic group composition types of external force, option B, D.
A strategic group is a term used in strategic management to describe a collection of businesses within a certain sector that have similar business models or set ups of strategies. For instance, depending on elements like preparation time, cost, and appearance, the restaurant sector may be split into numerous strategic groupings, including fast-food and fine-dining.
The characteristics used to identify the groups determine the number of groups within an industry and the makeup of those groupings. In order to distinguish between direct rivals and indirect rivals, strategic management instructors and consultants frequently utilise a two-dimensional grid to arrange enterprises along an industry's two most crucial dimensions. The long-term focus and direction of an organisation that produces benefits for the business model is known as its strategy.
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A 2,000 square foot house in New Jersey costs $1,725 each winter to heat with its existing oil-burning furnace. For an investment of $5,000, a natural gas furnace can be installed, and the winer heating bill is estimated to be $1,000. If the homeowner's MARR is 6% per year, what is the discounted payback period of this proposed investment?
(a) 7 years
(b) 8 years
(c) 9 years
(d) 10 years
The discounted payback period is 8 years. The discounted payback period is the amount of time it takes for the investment to pay for itself, taking into account the time value of money.
To calculate the discounted payback period, we need to first calculate the net annual savings from switching to the natural gas furnace. The savings would be $1,725 - $1,000 = $725 per year.
Next, we need to calculate the present value of those savings over the life of the natural gas furnace, using the MARR of 6%. Assuming a 15-year lifespan for the natural gas furnace, we can use a present value table or calculator to find the present value factor for an annuity of $725 per year for 15 years at 6% MARR. The present value factor is 8.196.
Multiplying the annual savings by the present value factor, we get the present value of the savings: $725 x 8.196 = $5,938.
The discounted payback period is the time it takes for the present value of the savings to equal the initial investment of $5,000.
Dividing the initial investment by the annual savings, we get the payback period: $5,000 / $725 = 6.90 years (rounded to two decimal places).
Since the discounted payback period is slightly longer than the actual payback period, we can round up to the nearest year to get our answer.
Therefore, the answer is 8 years.
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lack of personal fulfillment in a job may be a symptom of:
Lack of personal fulfillment in a job can be a symptom of several underlying issues, including:
Poor fit between the job and individual's skills, interests, and values: When a job does not align with an individual's skills, interests, and values, they may struggle to find fulfillment in the work they do.Lack of autonomy or control: When employees are not given enough control or autonomy over their work, they may feel frustrated and unfulfilled.Limited opportunities for growth and development: When employees feel like they are not learning or growing in their job, they may become bored and unfulfilled.Lack of meaningful work: When employees do not see the purpose or meaning in their work, they may feel like they are not contributing to a larger goal or making a difference.Poor work environment or culture: When employees work in an unsupportive or negative environment, they may feel demotivated and unfulfilled.Inadequate compensation or benefits: When employees feel like they are not being fairly compensated or receiving adequate benefits for their work, they may feel undervalued and unfulfilled.These are some of the common reasons why individuals may experience a lack of personal fulfillment in their job. Identifying the underlying cause can help individuals take steps to address the issue and find greater fulfillment in their work.
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How many years can you claim the american opportunity credit?
This credit can be claimed for up to $2,500 per student per year, and up to 40% of the credit can be refunded even if you owe no tax. It can be claimed in the first four years of post-secondary education.
What's The American Opportunity CreditThe American Opportunity Credit is a tax credit that can be claimed for qualified education expenses paid for an eligible student in the first four years of post-secondary education.
This credit is available for both undergraduate and graduate students, as long as they are enrolled at least half-time and are pursuing a degree or other recognized credential.
However, after four years, the American Opportunity Credit is no longer available for that student. It is important to note that there are income limits and other eligibility requirements that must be met in order to claim this credit.
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Experts believe that determining how best to employees is today's greatest human resource management challenge because it affects the long term success of the company.
a. True
b. False
The statement' "Experts believe that determining how best to employees is today's greatest human resource management challenge because it affects the long term success of the company." is true.
Determining the best way to manage employees is a crucial aspect of human resource management as it directly affects the success of a company in the long run. Employee engagement, motivation, and satisfaction are key factors in improving productivity and reducing turnover rates, which can ultimately impact the company's bottom line.
Additionally, effective employee management strategies can improve employee retention and attract top talent to the company. Therefore, human must resource professionalsprioritize finding ways to effectively manage employees to ensure the success and sustainability of their organization.
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ou are offered an investment with returns of $ 1,571 in year 1, $ 3,084 in year 2, and $ 3,746 in year 3. the investment will cost you $ 6,830 today. if the appropriate cost of capital is 9.9 %, what is the net present value of the investment?
The net present value of the investment is -$199.29.
To calculate the net present value (NPV) of the investment, we need to discount each future cash flow to its present value and then sum them up. We can use the following formula:
NPV = CF1 / (1+r)^1 + CF2 / (1+r)^2 + CF3 / (1+r)^3 - Initial Investment
where CF stands for cash flow and r is the appropriate cost of capital.
Using the numbers given in the problem, we get:
NPV = 1571 / (1+0.099)^1 + 3084 / (1+0.099)^2 + 3746 / (1+0.099)^3 - 6830
NPV = 1414.54 + 2514.08 + 2608.67 - 6830
NPV = -$199.29
Since the NPV is negative, the investment is not a good one and we should not invest in it. We can interpret this as the present value of the future cash flows being less than the initial investment, so we would actually lose money by investing in this opportunity.
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International financial reporting standards are currently developed by which entity?
The IFRS Foundation.
The International Accounting Standards Board.
The International Organization of Securities Commissions.
The International Financial Reporting Standards (IFRS) are currently developed by: the International Accounting Standards Board (IASB). The correct option is B.
The IASB is an independent accounting standard-setting body that operates under the oversight of the IFRS Foundation. The main objective of the IASB is to develop a single set of high-quality, globally accepted accounting standards that help enhance transparency, comparability, and efficiency in financial reporting.
The IFRS Foundation is responsible for ensuring that the IASB follows a rigorous and transparent due process in developing these standards. This involves extensive consultation with various stakeholders, including investors, regulators, and other users of financial statements.
The International Organization of Securities Commissions (IOSCO) is not directly involved in the development of IFRS. However, it plays a crucial role in promoting the adoption and consistent implementation of IFRS globally, as it is the international organization that brings together the world's securities regulators.
In summary, the International Financial Reporting Standards are currently developed by the International Accounting Standards Board (IASB) which operates under the oversight of the IFRS Foundation, while the International Organization of Securities Commissions supports the adoption and implementation of IFRS globally.
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Complete question:
International financial reporting standards are currently developed by which entity?
A. The IFRS Foundation.
B. The International Accounting Standards Board.
C. The International Organization of Securities Commissions.
in assessing sampling risk, the risk of incorrect acceptance and the risk of assessing control risk too low relate to the:
In assessing sampling risk, the risk of incorrect acceptance and the risk of assessing control risk too low relate to the risk of making wrong conclusions based on a sample of data.
The risk of incorrect acceptance is the risk that the auditor will conclude that a control is powerful when it isn't, primarily based at the sample that has been tested. this will arise if the pattern length is just too small or if the pattern is not representative of the population.
The chance of assessing manipulate chance too low is the risk that the auditor will finish that a manage is effective whilst it isn't always, based on an evaluation of the manage environment.
This will arise if the auditor does not have an intensive knowledge of the manage surroundings or if there may be insufficient proof to assist the belief. each of these risks can result in the auditor offering an incorrect opinion on the monetary statements, that may have serious consequences for stakeholders.
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which of the following strategies would suit a firm activity that is both firm-specific and industry-specific? keep the activity in-house offshore the activity to a foreign supplier outsource the activity to a domestic firm outsource the activity to a domestic firm
Keep the activity in-house strategies would suit a firm activity that is both firm-specific and industry-specific. Option A is correct.
In addition, the In-house Consultant plays a strategic and program development role in which he is in charge of overseeing the creation, incorporation, and implementation of programs that will meet the requirements of the business and propel organizational objectives.
In-house alludes to a movement or activity that is performed inside an organization, rather than depending on reevaluating. The firm purposes its own workers and time to play out a business movement, like funding or brokering.in-house creation is an action that is directed inside a similar business. You can complete the task by utilizing the time and effort of your own employees as well as any other resources the business already possesses.
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Incomplete question:
Which of the following strategies would suit a firm activity that is both firm-specific and industry-specific?
a. Keep the activity in-house
b. Offshore the activity to a foreign supplier
c. Outsource the activity to a domestic firm
d. Set up a subsidiary in a foreign location to perform the activity
my Apoultry breeding for increased users and an inte weight from her her. She plans to choose 2 out of the following 5 layers based on estimated for these BVs for these traits. hers eggs weightlois +1 +2marge +4 +0.5smurtelle +5 +2.5jessica rabbit -3 +2.2berry rubbig -6 +1.2Question 26 Which hers would select using tandem method selection if the number of eggs the only trait under selection?
Based on the given information, if the only trait under selection is the number of eggs, then the her that should be selected using the tandem method selection would be Smurtelle and Jessica Rabbit.
The tandem method selection is a breeding strategy that involves selecting multiple traits in a specific order. In this case, the first trait being considered is the number of eggs produced. The her that produces the highest number of eggs will be selected for further breeding.
According to the estimated breeding values (BVs) provided, Smurtelle has the highest BV for eggs with a score of +5. Jessica Rabbit also has a high BV for eggs with a score of +2.2. Therefore, these two hers would be the top choices for selection based on their BVs for this trait.
It is important to note that while eggs are the only trait under selection in this scenario, the other traits should also be considered when making breeding decisions. For example, if there is a high priority for increased egg weight or meat production, then the BVs for those traits should also be taken into account when selecting for breeding.
In conclusion, when using the tandem method selection for a poultry breeding program focused on increasing the number of eggs produced, Smurtelle and Jessica Rabbit are the recommended choices based on their estimated BVs for this trait. However, other important traits should also be considered in order to achieve a well-rounded breeding program.
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If the price of chicks. Is R40 per kg and beef is R80 per kg, this means that the relative price of beef is double that of chicken.Draw the graphs to illustrate that
The graph will demonstrate that the line illustrating the ratio of beef to chicken prices is constantly beyond 1, signifying that beef is more expensive than chicken.
How to explain the graphMoreover, it will present that the ratio is consistently near 2, displaying that the comparative cost of beef is twice that of chicken.
In order to illustrate this, we can form two lines, one for the price of beef and one for the price of chicken, with the y-axis indicating the price per kilogram. On the other hand, since we are interested in the relative price, it is essential to normalize the prices to a mutual unit, such as the expense of chicken. This can be achieved by sharing the price of beef among the cost of chicken and plotting this ratio through time.
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why does the government need to collect taxes? responses pay for goods that won't be provided by the free market pay for goods that won't be provided by the free market control the money supply and manage economic growth control the money supply and manage economic growth prevent foreign producers from destroying infant industries prevent foreign producers from destroying infant industries enable federal bureaucrats to plan the economy
Taxation is a crucial source of revenue for the government, and it enables the government to provide essential goods and services, manage the economy, protect domestic industries, and fund social programs.
The government needs to collect taxes for several reasons, including:
Pay for goods and services: The government provides goods and services that are not typically provided by the free market, such as national defense, law enforcement, public education, and infrastructure.
Manage the economy: Through fiscal policy, the government can use taxation to influence the economy, for example, by controlling the money supply, managing economic growth, and stabilizing prices.
Protect domestic industries: Taxes can be used to protect domestic industries from foreign competition, especially during their initial stages of development. This can help prevent foreign producers from destroying infant industries.
Fund social programs: The government provides various social programs, such as Social Security, Medicare, and Medicaid, that are designed to provide financial support and healthcare to citizens who are unable to support themselves.
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jim owns a two-family house which has two identical apartments. jim lives in one apartment and rents out the other. in year 1, the rental apartment was fully occupied and jim received $7,200 in rent. during year 1, jim paid the following: real estate taxes $6,400 painting of rental apartment 800 annual fire insurance premium 600 in year 1, depreciation for the entire house was determined to be $5,000. what amount should jim include in his adjusted gross income for year 1?
Jim's adjusted gross income from the rental property for year 1 would be a rental loss of $5,600.
To get Jim's adjusted gross income for year one, we must first determine his total income from the rental property and then remove his permitted deductions.
Jim earned a total of $7,200 from the rental flat.
Deductions that are permissible:
Property taxes: $6,400
Rental flat painting: $800
$600 in annual fire insurance premiums
Depreciation: $5,000 (non-cash deductible).
Deductions totaled $12,800 ($6,400 + $800 + $600 + $5,000).
Jim's adjusted gross income from the rental property for the first year would be: $7,200 (Total Income) - $12,800 (Total Deductions) = -$5,600
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Alanna owns a small fashion design company. She thinks she will sell more clothing if she had more companies selling her clothing to consumers. She is looking to expand _______a. low cost manufacturers b. advertising channels c. wholesale marketing channels d. retail marketing channels
Alanna is looking to expand her wholesale marketing channels.
Alanna owns a small fashion design company and wants to increase her clothing sales. To achieve this, she should focus on expanding her wholesale marketing channels.
By partnering with more wholesale distributors, Alanna's clothing will reach a wider range of retail stores, which will ultimately increase her products' exposure to consumers.
This strategy will help grow her business and generate more revenue. In order to find new wholesale partners, Alanna can attend trade shows, research potential distributors online, and network within the fashion industry.
Establishing strong relationships with wholesalers can also lead to better pricing and improved product visibility in the marketplace.
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the two main types of investments that are already diversified are mutual funds and what other type of investment?
The other type of investment that is already diversified is exchange-traded funds (ETFs).
Mutual funds and exchange-traded funds (ETFs) are the two primary kinds of investments that are as of now differentiated. The two sorts of assets pool cash from numerous financial backers to buy a differentiated arrangement of stocks, bonds, or different protections. This permits financial backers to accomplish wide expansion with a single investment, diminishing their openness to an individual organization or industry risk. The fundamental distinction between common assets and ETFs is the means by which they are exchanged.
Common assets are valued toward the finish of each exchanging day and must be traded costing that much, while ETFs exchange on a trade like stocks over the course of the day, permitting financial backers to trade shares whenever during market hours.
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All of these actions are performed by the Federal Reserve regional banks EXCEPT:
The actions that are not performed by the Federal Reserve regional banks include setting monetary policy and approving changes in the discount rate.
The Federal Reserve regional banks perform several functions related to the implementation of monetary policy and the stability of the financial system. These functions include supervising and regulating banks, processing and distributing currency and coin, maintaining the payments system, and conducting economic research. However, there are certain actions that are not performed by the regional banks. For example, the Federal Open Market Committee (FOMC), which sets monetary policy for the entire Federal Reserve System, is composed of members from the Board of Governors in Washington, D.C. and some of the regional bank presidents on a rotating basis. Additionally, the Board of Governors is responsible for approving changes in the discount rate, which is the interest rate that banks pay to borrow money from the Federal Reserve.
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reliance corporation sold 5,200 units of its product at a price of $27 per unit. total variable cost per unit is $14.50, consisting of $13.80 in variable production cost and $0.70 in variable selling and administrative cost. compute the contribution margin for the company.
The contribution margin for Reliance Corporation is $12.50 per unit. This means that for each unit sold, $12.50 goes towards covering the company's fixed costs and ultimately contributes to the company's profits.
The contribution margin for a company is the amount of revenue generated by the company's products or services that goes towards covering the company's fixed costs, or the costs that do not change based on the number of units sold. To compute the contribution margin for Reliance Corporation based on the information provided, we first need to calculate the total variable cost per unit.
The total variable cost per unit is $14.50, consisting of $13.80 in variable production cost and $0.70 in variable selling and administrative cost. To calculate the contribution margin, we need to subtract the total variable cost per unit from the selling price per unit, which is $27.
Contribution margin per unit = Selling price per unit - Total variable cost per unit
Contribution margin per unit = $27 - $14.50
Contribution margin per unit = $12.50
Therefore, the contribution margin for Reliance Corporation is $12.50 per unit. If Reliance Corporation wants to increase its profits, it can either increase its sales volume or increase its selling price per unit while keeping its variable costs per unit constant.
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bright times company manufactures table lamps. it purchases 50,000 light bulbs from an outside supplier for $0.60 per unit. neon company, a sister company, makes the same light bulb. currently, neon has excess production of 70,000 units. each light bulb is sold for $0.60 per unit and has a variable cost of $0.25. using the negotiated approach, what is the increase in income for bright times company if the negotiated price between bright times and neon is $0.45? a.loss of $7,500 b.$7,500 c.$10,000 d.$17,500
The increase in income for Bright Times Company, using the negotiated approach and a price of $0.45, is $7,500. The correct option is B).
If Bright Times Company purchases 50,000 light bulbs at $0.45 per unit from Neon Company, its cost will be reduced by $0.15 per unit.
Therefore, the total cost savings for 50,000 units will be
$0.15 x 50,000 = $7,500.
As the question asks for the increase in income, we assume that the lamps produced using the light bulbs will be sold at the same price.
Therefore, the increase in income will be $7,500. Hence, the correct answer is (b) $7,500.
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Media richness refers to the number of communication technologies an organization has available for its members to use in the process of communication.
a. true
b. false
The given statement "Media richness refers to the number of communication technologies an organization has available for its members to use in the process of communication." is false because media richness actually refers to the ability of a particular communication channel to convey information effectively and facilitate understanding between communicators.
Media richness actually refers to the ability of a particular communication channel to convey information effectively and facilitate understanding between communicators. It does not simply mean the number of technologies available. Instead, it focuses on the quality and depth of the information being conveyed through different communication channels, such as email, video conferencing, face-to-face conversations, and phone calls.
In general, media richness theory suggests that richer channels, like face-to-face communication or video calls, are more effective for conveying complex or ambiguous messages, as they allow for immediate feedback, multiple cues, and personal focus. In contrast, leaner channels, like emails or text messages, are better suited for simple, straightforward messages that don't require immediate feedback or multiple cues.
To choose the most appropriate communication channel, an organization should consider factors such as the nature of the message, the level of understanding required, and the urgency of the communication. By using media richness theory, organizations can enhance their communication effectiveness and ensure that messages are conveyed accurately and efficiently.
So, the given statement is false.
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barney defaulted on his mortgage, and his lender is preparing to foreclose. which type of foreclosure is typically used when a mortgage is used as the security instrument?
Judicial foreclosure type of foreclosure is typically used when a mortgage is used as the security instrument.
When a mortgage lacks a power of sale clause, foreclosure processes are referred to as judicial foreclosure. In this instance, the courts handle the foreclosure proceedings.
A mortgage can include/contain a provision known as a power of sale. In the event of default, it permits the lender to sell the home to recoup the mortgage debt, avoiding the need for court action. In many areas, a lender's rights to pursue a foreclosure also include the ability to use a power of sale.
Depending on the state, judicial foreclosures may span anywhere from six months to about three years. The mortgage servicer, or business that receives money for mortgage services, must wait until the borrower has fallen behind on payments for 120 days before starting the foreclosure procedure.
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which of the following are assumptions of the self-supporting growth model? check all that apply.the firm maintains a constant net profit margin.the firm maintains a constant ratio of liabilities to equity.the firm must issue the same number of new common shares that it issued last year.
The assumptions that support the self-supporting growth model are the firm maintains a constant net profit margin and maintains a constant ratio of liabilities to equity. So, options A and B are correct.
The self-Supporting growth rate is defined as the highest growth rate that a business will reach its target if it has zero access to the extension of funds. If the firm needs more assets to reach the target, more should be a sustainable growth rate.
The self-Supporting growth rate can be calculated by using the product of Returns of equity with a retention ratio. It is not mandatory to issue the same number of new ordinary shares to clients that were issued last time.
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The complete question is:
which of the following are assumptions of the self-supporting growth model? check all that apply.
a. the firm maintains a constant net profit margin
b. The firm that a constant ratio of liabilities to equity.
c. the firm must issue the same number of new ordinary shares that it issued last year
b. Suppose the economy is at capacity and inflation is at its target, nt = 1* = 2%. Moreover, suppose a = 0.4 and B = .6. If the Federal funds rate is 2%, what is the natural real rate of interest? (10 points) C. j. Using the natural real interest rate you derived in b) above, suppose that inflation rises to 3% and output gap becomes-1%. What should the Federal funds rate be? (10 points) ii. Is the policy conducted by central bank in i) contractionary or expansionary? (Hint: What happens to real interest rates) Why? Explain (10 points)
The natural real rate of interest is 2%. To keep the economy on track and stabilize inflation, the central bank should set the Federal funds rate at 2.6%. The policy is contractionary because it restricts borrowing and spending and slows down economic growth.
a) To find the natural real rate of interest, we can use the following formula: r* = nt + a*(Y-Y*) + b*(π-nt) where:
r* is the natural real rate of interest
nt is the target inflation rate (1* = 2%)
a is the sensitivity of the real interest rate to the output gap (Y-Y*)
Y is the actual output level
Y* is the potential output level
b is the sensitivity of the real interest rate to inflation (π-nt)
π is the actual inflation rate.
Given that the economy is at capacity and inflation is at its target, Y = Y* and π = nt, so we can simplify the formula to: r* = nt + a*(0) + b*(π-nt)
r* = nt + b*(π-nt)
Plugging in the values, we get:
r* = 0.02 + 0.6*(0.02-0.02)
r* = 0.02
b) To find the Federal funds rate that should be set when inflation rises to 3% and output gap becomes -1%, we can use the same formula as above:
r* = nt + a*(Y-Y*) + b*(π-nt)
This time, we have Y < Y* (output is below potential) and π > nt (inflation is above target), so we can simplify the formula to:
r* = nt + a*(-1) + b*(π-nt)
r* = 0.02 + 0.4*(-1) + 0.6*(0.03-0.02)
r* = 0.02 - 0.4 + 0.006
r* = 0.026
Hence, To keep the economy on track and stabilize inflation, the central bank should set the Federal funds rate at 2.6%.
c) The policy conducted by the central bank in part b) is contractionary. When inflation rises above target and the output gap becomes negative, the central bank needs to tighten monetary policy by increasing the Federal funds rate.
This leads to an increase in the real interest rate (the nominal rate minus inflation), which reduces consumption and investment spending, slows down economic activity, and brings inflation back to target. In this case, the natural real rate of interest is 2%, but the policy rate needs to be set higher than that to achieve the desired outcome, which means the real interest rate will be higher than the natural rate. Hence, The policy is contractionary because it restricts borrowing and spending and slows down economic growth.
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