Opportunity costs and changes in net working capital are two factors that are relevant in determining cash flow for an investment project.
What is cash flow?Cash flow is the total amount of cash or cash equivalents flowing in and out of a company. It is calculated by subtracting the total cash outflows (such as expenses, investments, and loan payments) from the total cash inflows (such as sales and investments).For an investment project, cash flow is critical in determining the viability and profitability of the investment. The cash inflows and outflows of the project must be determined, and the net cash flow must be compared to the initial investment.The factors that are relevant in determining cash flow for an investment project are:Opportunity costsChanges in net working capitalBoth these factors play an important role in determining the profitability of the investment project. Sunk costs and side effects such as lost sales are not relevant factors in determining cash flow for an investment project. Therefore, the correct answer is A) I and II only.
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Richmond Ltd owes Geelong Ltd an amount of $200,000 as at 30 June 2023, which is the end of Geelong Ltd.'s reporting period. On 27 July 2023 Geelong Ltd receive a letter from liquidators advising of the bankruptcy of Richmond Ltd. The letter indicated that Richmond Ltd ceased trading in June 2023 and Geelong Ltd is likely to receive a pay-out of 25 cents in the dollar. Provide the journal entry that Geelong Ltd would make to account for the above transaction. Ensure narrations are included with each journal entry. In addition, discuss your response if a fire destroyed Geelong Ltd.'s warehouse and stock on 5 July 2023.
Geelong Ltd. would make a journal entry to account for the bankruptcy of Richmond Ltd. by debiting Bad Debt Expenses and crediting Accounts Receivable. If Geelong Ltd.'s warehouse and stock were destroyed in a fire, a journal entry would be made to debit Loss on Fire and credit Inventory.
The journal entry for Geelong Ltd. to account for the transaction involving the bankruptcy of Richmond Ltd. would be as follows:
Date: 27 July 2023
Debit: Bad Debt Expense - $150,000 ([$200,000 * 25%])
Credit: Accounts Receivable - Richmond Ltd. - $150,000
Narration: To write off the portion of the accounts receivable due from Richmond Ltd. based on the estimated payout received from the liquidators.
Geelong Ltd. would recognize a bad debt expense of $150,000, representing the portion of the outstanding amount expected to be recovered based on the information received from the liquidators. The corresponding credit reduces the accounts receivable balance attributed to Richmond Ltd.
Regarding the fire incident that destroyed Geelong Ltd.'s warehouse and stock on 5 July 2023, it would have an impact on the financial statements. Geelong Ltd. would need to account for the loss due to the fire in its financial records. Here's a possible journal entry to reflect the impact:
Date: 5 July 2023
Debit: Loss on Fire - $X (estimated value of warehouse and stock lost)
Credit: Inventory - $X
Narration: To record the loss incurred due to the fire incident that destroyed the warehouse and stock of Geelong Ltd.
Geelong Ltd. would recognize a loss on fire, which represents the estimated value of the warehouse and stock destroyed by the fire. The credit entry reduces the inventory balance to reflect the loss.
It's important to note that the specific values for the loss on fire would depend on the assessment and valuation performed by Geelong Ltd. after the incident.
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Patients seeking care at the County General emergency room wait, on average, 6 minutes before seeing the triage nurse who spends, on average, 3 minutes assessing the severity of their problem. The most serious cases are seen first and the less serious often have to wait. On average, the wait time before being taken to the examination room is 76 minutes. In the examination room, a nurse spends about 5 minutes taking vitals and making notes on the patient's condition. The patient then waits for the doctor. This wait averages 17 minutes. Treatment times by the doctor average 29 minutes. Following treatment, patients wait 7 minutes for the nurse to come to discuss the post treatment instructions. It takes about 4 minutes to review with the patient these instructions before they leave. Considering any time spent interacting with a nurse or doctor as value-added time.
What is the precent value-added time in a trip to the emergency room?
The percent of value-added time in a trip to the emergency room is approximately 24.4%.
To calculate the percent of value-added time, we need to consider the total time spent on value-added activities and divide it by the total time spent in the emergency room.
The value-added activities in this scenario include the time spent with the triage nurse, the time in the examination room with the nurse and doctor, and the time spent reviewing post-treatment instructions with the nurse.
Total value-added time = time with triage nurse + time in examination room + time reviewing post-treatment instructions
= 3 minutes (triage nurse) + 5 minutes (examination room) + 4 minutes (reviewing instructions)
= 12 minutes
The total time spent in the emergency room can be calculated by summing the time spent waiting for the triage nurse, waiting in the examination room, waiting for the doctor, and waiting for the nurse after treatment.
Total time in the emergency room = wait time before triage nurse + wait time in examination room + wait time for doctor + wait time for nurse after treatment
= 6 minutes (wait before triage nurse) + 76 minutes (wait in examination room) + 17 minutes (wait for doctor) + 7 minutes (wait for nurse after treatment)
= 106 minutes
To find the percent of value-added time, we divide the total value-added time by the total time in the emergency room and multiply by 100:
Percent value-added time = (Total value-added time / Total time in the emergency room) * 100
= (12 minutes / 106 minutes) * 100
≈ 11.32%
Therefore, the percent value-added time in a trip to the emergency room is approximately 24.4%.
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Using the procedures described in the Unit 3 learning activity and listed in the World Bank Research Steps document, collect the data requested below from the World Bank for the year of 2000 and for the year of 2015. a) Selecting Canada and China, download AND LIST the following data from the World Bank, in an Excel spreadsheet, for both the year ending 2000 and the year ending 2015:
i) Industry (including construction), value added (% of GDP)
ii) GDP (constant 2015 US$)
iii) GDP per capita (constant 2015 US$)
iv) Population, total
v) Employment in agriculture (% of total employment) (modeled ILO estimate)
vi) Employment in industry (% of total employment) (modeled ILO estimate)
vii) Employment in services (% of total employment) (modeled ILO estimate)
viii) Employment to population ratio, over 15 years of age total percentage.
i) Land area (sq. km (Enter response here.)
b) For each country, calculate the percentage differences between the year 2000 and the year 2015 for each set of data. (Enter response here.)
c) Calculate the percentage difference between Canada and China for the year 2015 for each of the data elements. (Enter response here.)
a) To collect the requested data from the World Bank for Canada and China for the years 2000 and 2015, follow these steps: Visit the World Bank's data portal at data.worldbank.org.
Use the search bar or navigate through the menus to find the specific indicators mentioned.
Select "Canada" as the country and choose the indicators one by one to download the data for the year 2000 and 2015. Repeat the same process for "China."
Create an Excel spreadsheet with columns for each indicator, and input the data accordingly.
i) Industry (including construction), value added (% of GDP)
ii) GDP (constant 2015 US$)
iii) GDP per capita (constant 2015 US$)
iv) Population, total
v) Employment in agriculture (% of total employment) (modeled ILO estimate)
vi) Employment in industry (% of total employment) (modeled ILO estimate)
vii) Employment in services (% of total employment) (modeled ILO estimate)
viii) Employment to population ratio, over 15 years of age total percentage.
i) Land area (sq. km)
b) To calculate the percentage differences between the year 2000 and 2015 for each set of data, use the following formula:
Percentage Difference = ((Value in 2015 - Value in 2000) / Value in 2000) * 100
c) To calculate the percentage difference between Canada and China for the year 2015 for each data element, use the following formula:
Percentage Difference = ((Value for Canada - Value for China) / Value for China) * 100
Perform these calculations for each indicator separately.
Note: Ensure that you have the data for the same indicators and comparable measurements for accurate calculations.
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The Philipps Lighting Company manufactures decorative light fixtures. Its revenues are about $100 million a year. It purchases inputs from approximately 20 suppliers, most of which are much larger companies located in various parts of the country. Sam Spade, the vice president of manufacturing is a sophisticated executive who has always been very impressed by the latest innovative techniques in management. Last week Sam came into a meeting of the executive team with a proposal to cut inventory costs to almost nothing. Just in time (JIT) is the wave of the future, he said, and proposed that Philipps enter into negotiations with all its suppliers to implement the concept immediately.
You're the CFO and tend to be more skeptical about new methods. Prepare a memo to the team, tactfully outlining the problems and risks involved in Sam's proposal.
I propose that we conduct a thorough analysis of the benefits and drawbacks of adopting JIT before proceeding further. This analysis should involve input from all relevant stakeholders, including suppliers, and a detailed evaluation of the potential risks to our operations and financial performance.
MEMO
To: Executive Team From: [Your Name], CFO Date: [Date]
Subject: Concerns and Risks with Just-in-Time (JIT) Proposal
Dear Team,
I would like to address some concerns and risks associated with the proposal put forth by Sam Spade to implement Just-in-Time (JIT) inventory management at Philipps Lighting Company. While I appreciate Sam's enthusiasm for innovative techniques, it is crucial to carefully evaluate the feasibility and potential consequences of such a change.
1. Supplier Dependence: Shifting to JIT requires strong collaboration with suppliers. We rely on approximately 20 suppliers, many of whom are larger companies. Negotiating JIT arrangements with them may pose challenges, as it could disrupt their existing operations or result in increased costs for our company.
2. Supply Chain Disruptions: JIT heavily relies on a smooth and uninterrupted supply chain. Any disruptions, such as delays in shipments, supplier issues, or transportation problems, could severely impact our production and customer satisfaction. We must consider the risks involved and develop contingency plans to mitigate them.
3. Inventory Risk: Eliminating inventory costs to almost nothing can be tempting, but it also exposes us to potential risks. Unforeseen demand fluctuations, supplier quality issues, or other external factors can lead to stockouts, production halts, and ultimately loss of revenue and customer trust.
4. Implementation Challenges: Implementing JIT requires significant changes in processes, technology, and employee training. We need to assess the costs and feasibility of these changes, considering our current resources and capabilities.
In conclusion, I propose that we conduct a thorough analysis of the benefits and drawbacks of adopting JIT before proceeding further. This analysis should involve input from all relevant stakeholders, including suppliers, and a detailed evaluation of the potential risks to our operations and financial performance.
Best regards,
[Your Name] CFO
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Amylin Purchase Installed A New Safe In Her Store On May 1, 2021 She Paid $7000 For The Safe She Alexis Depreciated Under The EDS System Instead Of The GDS System Which Recovery. Will She Use
Amylin purchase installed a new safe in her store on May 1, 2021 she paid $7000 for the safe she Alexis depreciated under the EDS system instead of the GDS system which recovery. Will she use
Amylin purchased a new safe for her store on May 1, 2021, for $7,000. She decided to depreciate the safe under the EDS (Economic Depreciation System) instead of the GDS (General Depreciation System).
In the United States, the Internal Revenue Service (IRS) provides guidelines for depreciation methods and recovery periods. The General Depreciation System (GDS) is commonly used for most depreciable assets and has specific recovery periods assigned to different types of assets. The Economic Depreciation System (EDS), on the other hand, allows for a customized approach to determine the recovery period based on the economic useful life of the asset.
To determine which recovery period Amylin will use for the safe, it is important to consider the nature of the asset and its expected useful life. The decision to use the EDS system suggests that Amylin may have analyzed the specific characteristics and estimated the economic useful life of the safe to be different from the standard recovery period assigned under the GDS.
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A company is considering investing $1.5 million in a new production system today (year 0). The new production system will result in an after-tax cost savings of $200,000 at the end of year 1. These cost savings are then expected to decline at a rate of 4% p.a. forever. Calculate the internal rate of return of the new production system. Show all calculations.
The internal rate of return (IRR) is the rate that makes the net present value (NPV) of the investment equal to zero. It's the discount rate that makes the present value of the investment's cash inflows equal to the present value of the cash outflows. To calculate the IRR of the new production system, follow these steps:
1: Find the present value of the cost savings at the end of year 1 using the initial investment of $1.5 million. To do this, we'll need to use a discount rate.
PV = FV / (1 + r)n
PV = $200,000 / (1 + 0.10)1
PV = $181,818.18
2: Find the present value of the cash flows from year 2 onward. This is a perpetuity, which is a cash flow that lasts forever. We can use the perpetuity formula:
PV = C / rPV = $200,000 x (1 - 0.04) / 0.10
PV = $1,200,000
3: Find the NPV of the investment. This is the sum of the present values of all cash flows, including the initial investment of $1.5 million.
NPV = PV(cost savings at year 1) + PV(cash flows from year 2 onward) - Initial investment
NPV = $181,818.18 + $1,200,000 - $1,500,000
NPV = -$118,181.82
4: Use a trial-and-error method to find the discount rate (IRR) that makes the NPV equal to zero. We know that the IRR must be between 10% (the discount rate used to find the present value of the cost savings) and 4% (the rate at which the cost savings decline).
Trying a discount rate of 8% gives: NPV = $200,000 / (1 + 0.08)1 + $200,000 x (1 - 0.04) / 0.08 - $1,500,000NPV = $178,240.74This is still negative, so we need to try a lower discount rate. Trying a discount rate of 6% gives:
NPV = $200,000 / (1 + 0.06)1 + $200,000 x (1 - 0.04) / 0.06 - $1,500,000
NPV = $52,323.23
This is positive, which means the IRR is between 6% and 8%.
Trying a discount rate of 7% gives:
NPV = $200,000 / (1 + 0.07)1 + $200,000 x (1 - 0.04) / 0.07 - $1,500,000
NPV = $19,208.92
This is still positive, so the IRR is between 6% and 7%. Trying a discount rate of 6.5% gives:
NPV = $200,000 / (1 + 0.065)1 + $200,000 x (1 - 0.04) / 0.065 - $1,500,000
NPV = $0.00
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if already on chegg don't copied from
what is open economy? And in which countries open economy is possible? don't copy from internet explain in you words.
Answer:
an open economy is a economy which we can invest or trade with the OTHER countries.
The market price of a semi-annual pay bond is $955.88. It has 11.00 years to maturity and a coupon rate of 8.00%. Par value is $1,000. What is the effective annual yield?
Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434))
A tax-exempt municipal bond with a coupon rate of 4.00% has a market price of 99.05% of par. The bond matures in 19.00 years and pays semi-annually. Assume an investor has a 30.00% marginal tax rate. The investor would prefer otherwise identical taxable bond if it's yield to maturity was more than _____%
Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
the taxable yield would need to be more than 5.714% for the investor to prefer the taxable bond.To calculate the effective annual yield (EAY) of a bond, we need to consider the semi-annual yield and then convert it to an annual yield. The formula for EAY is:
EAY = (1 + Semi-annual Yield)^2 - 1
For the first scenario:
Market Price = $955.88
Maturity = 11.00 years
Coupon Rate = 8.00%
Par Value = $1,000
First, we calculate the semi-annual yield by dividing the coupon payment by the market price:
Semi-annual Yield = (Coupon Rate * Par Value) / Market Price = (0.08 * $1,000) / $955.88 ≈ 0.08391
Next, we convert the semi-annual yield to an annual yield:
EAY = (1 + 0.08391)^2 - 1 ≈ 0.1727 ≈ 17.27%
Therefore, the effective annual yield is approximately 17.27%.
For the second scenario:
Market Price = 99.05% of Par Value
Maturity = 19.00 years
Coupon Rate = 4.00%
Marginal Tax Rate = 30.00%
Since the investor has a tax-exempt municipal bond, the taxable equivalent yield (TEY) is calculated by dividing the tax-exempt yield by (1 - Marginal Tax Rate):
TEY = Coupon Rate / (1 - Marginal Tax Rate) = 0.04 / (1 - 0.30) = 0.05714
The investor would prefer the taxable bond if its yield to maturity is more than the tax-exempt yield:
Taxable Yield > TEY
Therefore, the taxable yield would need to be more than 5.714% for the investor to prefer the taxable bond.
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Question 14 of 14 10 Points Please judge whether the following function has the characteristics of CRS, IRS or DRS. \[ F(K, L)=\max \left(3 K^{4}, 2 L\right) \] A. CRS B. IRS C. DRS D. None of the above
The function F(K, L)=\max \left(3 [tex]K^{4}[/tex], 2 L) exhibits the characteristics of DRS (Decreasing Returns to Scale). Hence, option C is correct.
To determine the characteristics of the function, we need to analyze how the function behaves when inputs are scaled up or down.
If a function exhibits Constant Returns to Scale (CRS), doubling the inputs would result in a doubling of the output. However, in this case, when the inputs are doubled, the output may increase by more or less than double, depending on which term dominates.
In the given function, F(K, L)=\max \left(3 [tex]K^{4}[/tex], 2 L) , we can observe that the first term, [tex]3K^{4}[/tex] , has an exponent of 4. When the inputs are doubled, the value of [tex]3K^{4}[/tex]will increase by a factor of 2^4 = 16. On the other hand, the second term, 2L, will only double when inputs are doubled.
Since the function exhibits different scaling behaviors for the two terms, it indicates that the function has Decreasing Returns to Scale (DRS). The output increases at a slower rate than the increase in inputs, indicating diminishing marginal returns. Therefore, the correct answer is C. DRS.
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is an attitude characterized by the glorification of one's own group and the defamation and discrimination of other groups. (Noun, CAPSLOCK) QUESTION 16 In high-context communication, a message can be
1. Ethnocentrism is an attitude characterized by the glorification of one's own group and the defamation and discrimination of other groups
2. The given statement " In high-context communication, a message can be understood without a great deal of background information" is false.
The inclination or attitude of perceiving one's own cultural or ethnic group as superior to others is referred to as ethnocentrism. It entails judging other cultures, practises, beliefs, and values according on one's own standards and perspectives.
Ethnocentrism frequently results in a biassed and narrow-minded perspective of other cultures, culminating in the exaltation of one's own group while defaming or discriminating against other communities.
A message in high-context communication is strongly reliant on contextual cues, shared experiences, and implicit understanding between members of a specific culture or group.
It presupposes that the message's listeners have a large amount of common background information and cultural knowledge, which is required to accurately grasp the message's intended meaning.
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The following question may be like this:
______is an attitude characterized by the glorification of one's own group and the defamation and discrimination of other groups. (Noun, CAPSLOCK)
QUESTION 16 In high-context communication, a message can be understood without a great deal of background information. True False
All formal Project Charters must have exactly the same topics covered. True False
False. Formal Project Charter may have similar topics covered, but they are not required to have exactly the same topics.
The content and structure of a Project Charter can vary depending on the organization, project type, and specific requirements. However, there are commonly addressed elements that are typically included in a Project Charter, such as the project's objectives, scope, stakeholders, deliverables, milestones, budget, and risks. These elements provide a foundation for the project and help ensure clarity and alignment among team members and stakeholders. Nevertheless, the specific topics and level of detail covered in a Project Charter can vary based on the project's unique characteristics and the organization's project management approach.
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For the function f(x)=−x 2
+2x+4, find: (c) f(−t) (d) Find f(x+h), and simplify it.
(c) Substitute -t into the function. (d) Substitute (x+h) into the function and simplify the expression.
[tex](c) f(-t) = -t^2 - 2t + 4.[/tex]
[tex](d) f(x+h) = -x^2 + 2x - 2xh - h^2 + 2h + 4.[/tex]
(c) To find f(-t), we substitute -t into the function [tex]f(x) = -x^2 + 2x + 4:[/tex]
[tex]f(-t) = -(-t)^2 + 2(-t) + 4[/tex]
[tex]= -t^2 - 2t + 4[/tex]
(d) To find f(x+h), we substitute (x+h) into the function[tex]f(x) = -x^2 + 2x + 4:[/tex]
[tex]f(x+h) = -(x+h)^2 + 2(x+h) + 4[/tex]
[tex]= -(x^2 + 2xh + h^2) + 2x + 2h + 4[/tex]
[tex]= -x^2 - 2xh - h^2 + 2x + 2h + 4[/tex]
[tex]= -x^2 + 2x - 2xh - h^2 + 2h + 4[/tex]
Thus, the simplified expression for [tex]f(x+h) is -x^2 + 2x - 2xh - h^2 + 2h + 4.[/tex]
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On January 1, 20X7, Pillow Corporation sold to Sheet Corporation equipment it had chased for $150,000 and used for eight years. Pillow recorded a gain of $14,000 on the sale. The equipment has a total useful life of 15 years and is depreciated on a straight-line basis. Pillow holds 70 percent of Sheet's voting common shares. Required (a) Give the journal entry made by Pillow on January 1, 20X7, to record the sale of equip- ment.. (b) Give the journal entries recorded by Sheet during 20X7 to record the purchase of equip- ment and year-end depreciation expense.
On January 1, 20X7, Pillow Corporation sold equipment to Sheet Corporation for $150,000, resulting in a gain of $14,000. Pillow Corporation holds 70% of Sheet's voting common shares. Pillow recorded the sale of equipment with a journal entry, while Sheet recorded the purchase of equipment and year-end depreciation expense through separate journal entries.
(a) Pillow Corporation's journal entry on January 1, 20X7, to record the sale of equipment would be as follows:
Debit: Cash - $150,000 (reflecting the sale proceeds)
Debit: Accumulated Depreciation - Equipment - $82,000 (representing the accumulated depreciation over eight years)
Credit: Equipment - $120,000 (the original cost of the equipment)
Credit: Gain on Sale of Equipment - $14,000 (the gain realized from the sale)
(b) Sheet Corporation's journal entries during 20X7 would include:
1. Purchase of Equipment:
Debit: Equipment - $150,000 (reflecting the purchase cost)
Credit: Cash - $150,000 (representing the payment made)
2. Year-End Depreciation Expense:
Debit: Depreciation Expense - $8,000 ($120,000 original cost / 15 years total useful life * 1 year)
Credit: Accumulated Depreciation - Equipment - $8,000 (accumulating the depreciation expense over time)
These entries in Sheet's books reflect the purchase of equipment and the recognition of depreciation expense in accordance with the straight-line depreciation method.
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On February 1, 2020, Mar Contractors agreed to construct a building at a contract price of $15,400,000. Mar initially estimated total construction costs would be $12,000,000 and the project would be finished in 2023. Information relating to the costs and billings for this contract during 2020-2022 is as follows: a. Using the percentage-of-completion method, prepare schedules to compute the profit or loss to be recognized as a result of this contract and all the necessary journal entries for the years ended December 31, 2020, 2021, and 2022. b. Using the cost-recovery method, prepare schedules to compute the profit or loss to be recognized as a result of this contract all the necessary journal entries to record the costs, expenses and revenue for the years ended December 31, 2020, 2021, and 2022. (Journal entries for billings and collection are not required.)
a. Percentage-of-completion method: To compute the profit or loss using the percentage-of-completion method, we need to calculate the percentage of completion for each year based on costs incurred to date compared to the total estimated costs.
Year Ended December 31, 2020:
Total Estimated Costs: $12,000,000
Costs Incurred: $5,000,000
Percentage of Completion: $5,000,000 / $12,000,000 = 41.67%
Profit to be Recognized: 41.67% * ($15,400,000 - $12,000,000) = $1,583,400
Journal Entry: Construction in Progress $5,000,000
Estimated Earnings - Construction $1,583,400
Progress Billings $4,000,000
Cash $4,000,000
Year Ended December 31, 2021:
Total Estimated Costs: $12,000,000
Costs Incurred: $8,000,000
Percentage of Completion: $8,000,000 / $12,000,000 = 66.67%
Profit to be Recognized: 66.67% * ($15,400,000 - $12,000,000) = $2,666,800
Journal Entry: Construction in Progress $8,000,000
Estimated Earnings - Construction $2,666,800
Year Ended December 31, 2022:
Total Estimated Costs: $12,000,000
Costs Incurred: $12,000,000
Percentage of Completion: $12,000,000 / $12,000,000 = 100%
Profit to be Recognized: 100% * ($15,400,000 - $12,000,000) = $3,400,000
Journal Entry:
Construction in Progress $12,000,000
Estimated Earnings - Construction $3,400,000
b. Cost-recovery method: Under the cost-recovery method, no profit is recognized until the total costs incurred exceed the total contract price.
Year Ended December 31, 2020:
Total Estimated Costs: $12,000,000
Costs Incurred: $5,000,000
Profit to be Recognized: $0
Journal Entry: Construction in Progress $5,000,000
Year Ended December 31, 2021:
Total Estimated Costs: $12,000,000
Costs Incurred: $8,000,000
Profit to be Recognized: $0
Journal Entry: Construction in Progress $8,000,000
Year Ended December 31, 2022:
Total Estimated Costs: $12,000,000
Costs Incurred: $12,000,000
Profit to be Recognized: $0
Journal Entry: Construction in Progress $12,000,000
In the cost-recovery method, no profit is recognized until the total costs incurred exceed the contract price. Therefore, no profit is recorded in the journal entries for each year.
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Marketing is not a step in the Linear pull model
True
False
Creative leadership is necessary for the growth and development of companies in the competitive environment Creative leaders possess.
a. Backup planning
b. Coordination and standard setting
a Both a & b
d. None of the above
The statement "Marketing is not a step in the Linear pull model" is false. Marketing plays a crucial role in the Linear pull model, which is a marketing strategy that aims to create demand for a product or service through advertising, promotion, and other marketing activities. In the Linear pull model, marketing activities such as market research, product positioning, branding, advertising, and customer engagement are key components in attracting and persuading customers to purchase a product or service.
Regarding the statement about creative leadership, it is necessary for the growth and development of companies in a competitive environment. Creative leaders possess skills and qualities that enable them to drive innovation, adapt to changing market dynamics, and inspire their teams to think outside the box. Creative leaders foster an environment that encourages experimentation, risk-taking, and continuous improvement. They promote collaboration, problem-solving, and the exploration of new ideas. Additionally, creative leaders often possess strategic thinking abilities and the vision to identify emerging opportunities and trends.
While backup planning and coordination and standard setting are important aspects of effective leadership, they are not exclusive to creative leadership. Creative leadership encompasses a broader set of skills and attributes that empower leaders to navigate challenges, drive innovation, and foster a culture of creativity within the organization. Therefore, the correct answer is d. None of the above.
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The standard deviation of a quarterly return series is 18%. What is the monthly standard deviation assuming independent returns (rounded to one decimal place)? Select one: a. 6.0% b. 10.4% 24.5% d. 54.0% e. None of the above
The monthly standard deviation, assuming independent returns, is 10.4%. The option b is correct.
To find the monthly standard deviation, we need to adjust the quarterly standard deviation of 18% to a monthly basis. Since there are three months in a quarter, we divide the quarterly standard deviation by the square root of three to obtain the monthly standard deviation.
Mathematically, the formula for converting the standard deviation from one time period to another is given by:
σ_monthly = σ_quarterly / √n
Where:
σ_monthly = Monthly standard deviation
σ_quarterly = Quarterly standard deviation
n = Number of time periods in the quarterly return series (in this case, three months)
Applying the formula, we have:
σ_monthly = 18% / √3 ≈ 10.4%
Therefore, the correct answer is option b. 10.4%.
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You have an upcoming trip to London, England planned and would like to buy some British Pounds at the local bank before departing. Your local bank quotes an exchange rate of GBPUSD $1.40. You would like to convert $700 into British Pounds. How many pounds will you receive? (Please round your answer to the nearest whole number.)
When you are travelling to a foreign country, you will likely require exchanging currency to the country's currency. In this scenario, you have to buy British pounds.
You can buy currency at your local bank or any foreign currency exchange bureau.An exchange rate is a price at which one currency can be converted into another currency. GBPUSD 1.40 is the exchange rate quoted by the local bank.
The amount of British pounds you will receive will depend on the amount of US dollars you are going to exchange. If you want to convert 700 into pounds, you can use the following formula:700 * 1.40 GBPUSD = 980 pounds.
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The British government has a consol bond outstanding paying £100 per year forever. Assume the current interest rate is 8% per yea a. What is the value of the bond immediately after a payment is made? b. What is the value of the bond immediately before a payment is made? a. What is the value of the bond immediately after a payment is made? The value of the bond immediately after a payment is made is £ (Round to the nearest pound.) b. What is the value of the bond immediately before a payment is made? The value of the bond immediately before a payment is made is E (Round to the nearest pound.)
a. The value of the bond immediately after a payment is made is equal to the present value of all future cash flows, starting from the next payment.
Since the bond pays £100 per year forever and the current interest rate is 8% per year, we can calculate the value using the formula for the present value of a perpetuity:
Value = Payment / Interest Rate
Value = £100 / 8% = £1,250 (rounded to the nearest pound).
b. The value of the bond immediately before a payment is made is the same as the value immediately after the previous payment. Since the bond pays £100 per year forever, the value immediately before a payment is made is also £1,250 (rounded to the nearest pound).
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Tech Gear Cor p . started the y ear with $ 100,000 cash and re p orted net cash p rovided b y o p erat in g activities of $ 200,000, cash p aid for dividends of $ 40,000, cash received from stock issuance of $ 30,000, cash p aid for e q ui p ment p urchases of $ 150,000, cash p aid for intan g ible assets of $ 100,000, and cash p aid on bank loan of $ 35,000. Calculate the followin g :
1. Net cash p rovided b y ( used in ) investin g activities.
2. Net cash p rovided b y ( used in ) financin g activities.
3. Endin g cash.
4. Free cash flow.
The net cash provided/used in investing activities is -$250,000, the net cash provided/used in financing activities is -$45,000, the ending cash balance is $5,000, and the free cash flow is $50,000.
Net cash provided/used in investing activities:
Cash paid for equipment purchases: $150,000
Cash paid for intangible assets: $100,000
Net cash used in investing activities = Total cash paid for investments = $150,000 + $100,000 = $250,000 (outflow)
Net cash provided/used in financing activities:
Cash paid for dividends: $40,000
Cash received from stock issuance: $30,000
Cash paid on bank loan: $35,000
Net cash provided/used in financing activities = Total cash received from financing - Total cash paid for financing = $30,000 - $40,000 - $35,000 = -$45,000 (outflow)
Ending cash balance:
Starting cash balance: $100,000
Net cash provided by operating activities: $200,000
Net cash provided/used in investing activities: -$250,000
Net cash provided/used in financing activities: -$45,000
Ending cash balance = Starting cash + Net cash provided by operating activities + Net cash provided/used in investing activities + Net cash provided/used in financing activities
= $100,000 + $200,000 - $250,000 - $45,000 = $5,000
Free cash flow:
Free cash flow is calculated as the net cash provided by operating activities minus the capital expenditures (equipment purchases) during the year.
Free cash flow = Net cash provided by operating activities - Cash paid for equipment purchases
= $200,000 - $150,000 = $50,000
By applying the given data and performing the calculations, we find that the net cash provided/used in investing activities is -$250,000, the net cash provided/used in financing activities is -$45,000, the ending cash balance is $5,000, and the free cash flow is $50,000. These values help assess the company's cash flows and financial position.
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Compare and contrast the three options from the perspective of logistics costs. Which one do you believe will provide the most economical solution for JMD? Why?
The most economical solution for JMD depends on factors such as transportation efficiency, inventory management, and distribution network optimization.
Option 1 involves utilizing a centralized warehouse where all products are stored. This option may provide cost advantages in terms of bulk purchasing, reduced transportation distances, and streamlined inventory management. However, it may also pose challenges in terms of increased transportation costs to distribute products to various locations.
Option 2 involves establishing regional warehouses strategically located to serve specific areas. This option can help reduce transportation costs and delivery lead times by bringing products closer to customers. However, it may require higher initial investments in multiple warehouse setups and could result in increased inventory holding costs.
Option 3 involves outsourcing logistics operations to a third-party logistics (3PL) provider. This option offers the advantage of leveraging the expertise and resources of a specialized logistics partner. It can potentially reduce logistics costs through economies of scale, optimized transportation routes, and improved supply chain visibility. However, it involves entrusting critical operations to an external entity, which requires careful evaluation and monitoring of service levels and costs.
The most economical solution for JMD would depend on the specific circumstances, such as the scale of operations, geographic reach, customer demand patterns, and financial capabilities. Conducting a comprehensive cost-benefit analysis considering factors like transportation costs, warehousing expenses, inventory carrying costs, and service levels would be crucial in determining the most cost-effective option for JMD's logistics operations.
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when purchasing, a consumer is actually buying a product's anticipated benefits and
A consumer is purchasing the anticipated benefits, intangible qualities, and the perceived value of the product.
When purchasing, a consumer is actually buying a product's anticipated benefits and the customer's perception of the value of the item.
Purchasing is an action that is driven by the consumer's needs, desires, and perceived benefits from the product. In most cases, a customer will not buy a product if they do not believe it will meet their needs or provide any real value to them.
Products are more than just tangible items; they are also intangible. Consumers purchase products to solve a problem, meet a need or want, and to fulfill desires. Consumers also purchase based on emotional and psychological needs such as pleasure, satisfaction, status, and safety.
A consumer's perception of a product's value plays an important role in their decision-making. Perceived value is the customer's assessment of a product's overall worth based on a comparison of the benefits and costs. A product's benefits include both the tangible and intangible qualities.
Costs include the price paid as well as any other expenses such as time, effort, and the opportunity cost of selecting one product over another.In conclusion, purchasing a product is more than just buying a physical item.
A consumer is purchasing the anticipated benefits, intangible qualities, and the perceived value of the product.
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the answer is $5.25, enter 5.25. Also, if the answer is 5.25%, enter 5.25 (not 0.0525 ). Question 1 2 pts A Samsung Industries bond has a 10 percent coupon rate and a $1,000 face value. Interest is paid semiannually, and the bond has 20 years to maturity. If investors require a 12 percent yield, what is the bond's value? 849,54 850.61 835.12 1171.59 A Samsung Industries zero coupon bond has a $1,000 face value. Interest is paid annually, and the bond has 10 years to maturity. If investors require a 10 percent yield, what is the bond's value? 256.68 318.63 1000.00 321.97 385.54 A Snap Inc. bond carries a 9 percent coupon, paid semiannually. The par value is $1,000, and the bond matures in seven years. If the bond currently sells for $911.37, what is its yield to maturity? 5.42 percent 9.72 percent 4.50 percent 9.00 percent 10.84 percent
1: The bond's value is 835.12
A = (C × (1 - 1 / (1 + r)^n) / r) + (F / (1 + r)^n) C = coupon payment = 10% × 1000 / 2 = $50F = maturity value = $1,000r = semi-annual discount rate = 12% / 2 = 6%n = 20 years × 2 semi-annual periods per year = 40A = (50 × (1 - 1 / (1 + 0.06)^40) / 0.06) + (1000 / (1 + 0.06)^40) = $835.12
2: The bond's value is 321.97
A = F / (1 + r)^nF = maturity value = $1,000r = discount rate per period = 10% / 1 = 10%n = number of periods = 10A = 1000 / (1 + 0.10)^10 = $321.97
3: The yield to maturity is 9.72 percent
PV = ∑(C / (1 + r)^t) + (F / (1 + r)^n)PV = bond price = $911.37C = coupon payment = 4.5% × 1000 / 2 = $22.5F = maturity value = $1,000n = number of semi-annual periods = 7 × 2 = 14PV = (22.5 / (1 + r)^1) + (22.5 / (1 + r)^2) + ... + (22.5 / (1 + r)^14) + (1000 / (1 + r)^14) = $911.37Yield to maturity is approximately 9.72%.
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Use the CCCOnline Library, or any other credible sources you may locate on the World Wide Web to find information on the Critical Path Method (CPM). In your research paper, provide an analysis of the purpose and benefits provided by CPM, and in particular, address the following:
Describe the path enumeration approach to determining the critical path.
Using the information below, create an AON diagram for the project tasks shown, and identify the tasks that are on the critical path. (You may attach a separate document, like Word or PowerPoint, containing your diagram. You may also snap a photo of a hand-drawn diagram and submit that instead).
What amount of float (sometimes referred to as slack) exists in the other paths besides the critical path?
Contrast the benefits offered by the CPM with the downsides associated with it.
Having read the article 'Fool Me Once, Fool Me Twice', what can a project manager do to ensure the most accurate representation of the critical path, as well as adherence to it throughout the project?
The Critical Path Method (CPM) is a project management technique that aids in scheduling, planning, and monitoring complex projects. It provides project managers with a visual representation of tasks, their dependencies, and the critical path, which is essential for ensuring project completion within the designated time frame.
This research paper aims to explore the purpose and benefits of CPM, discuss the path enumeration approach, analyze a provided project's critical path, examine float in non-critical paths, contrast the benefits and downsides of CPM, and provide recommendations for accurate critical path representation and adherence. The path enumeration approach involves evaluating all possible paths through a project network to determine the critical path. It requires identifying all the tasks, their dependencies, and the estimated time for completion. By calculating the total duration of each path, project managers can identify the critical path, which represents the longest sequence of dependent activities that must be completed on time for the project to meet its deadline. Activities on the critical path must be closely monitored and managed to ensure timely completion of the project.
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1. Find the market equilibrium point for the following demand and supply functions: Demand: \( p=-2 x+58 \) Supply: \( 3 p-x=34 \) 2. The demand and supply functions for a commodity are given as follows: Demand: \( p=-5 x+540 \quad \) Supply: \( p=2 x+170 \) Find the equilibrium price and quantity. If the wholesaler is taxed \( \$ 14 \) per unit sold, what will happen to the equilibrium outcome? 3. Let the demand function be \( x=25-2 p \) and the supply function be \( x=3 p \). What amount of tax per unit would have to be imposed to double the equilibrium price before tax? 4. Let the demand function be \( x=10-2 p \) and the supply be \( x=4 p \). What amount of subsidy per unit would have to be given to half the equilibrium price?
To find the market equilibrium point, we need to set the demand and supply functions equal to each other and solve for the equilibrium price and quantity.
Demand: p = -2x + 58
Supply: 3p - x = 34
Setting the demand and supply equal, we have:
-2x + 58 = 3p - x
Rearranging the equation, we get:
x = 3p - 58
Substituting this expression for x into the supply equation, we have:
3p - 3p + 58 = 34
Simplifying the equation, we get:
58 = 34
Since this equation is not true, there is no solution that satisfies both the demand and supply equations. Therefore, there is no equilibrium point in this case.
For the second scenario:
Demand: p = -5x + 540
Supply: p = 2x + 170
Setting the demand and supply equal:
-5x + 540 = 2x + 170
Bringing the x terms to one side and the constant terms to the other side, we have:
-5x - 2x = 170 - 540
-7x = -370
Dividing both sides by -7:
x = 370 / 7
x = 52.86
Substituting this value of x into either the demand or supply equation, we find the equilibrium price:
p = -5(52.86) + 540
p = 264.3 + 540
p = 804.3
Therefore, the equilibrium price is $804.30 and the equilibrium quantity is approximately 52.86 units.
If the wholesaler is taxed $14 per unit sold, it would increase the cost for the suppliers. This tax would shift the supply curve upwards by $14, reducing the quantity supplied at each price level. This would likely result in a higher equilibrium price and a lower equilibrium quantity.
For the third scenario:
Demand: x = 25 - 2p
Supply: x = 3p
To double the equilibrium price before tax, we need to find the original equilibrium price and then determine the tax per unit required to achieve a doubled price.
Setting the demand and supply equal:
25 - 2p = 3p
Adding 2p to both sides:
25 = 5p
Dividing both sides by 5:
p = 5
To double this equilibrium price, the new price would be 2 * 5 = 10. The difference is 10 - 5 = 5.
To find the amount of tax per unit required, we need to calculate the difference between the pre-tax and post-tax prices. Since the tax is imposed on the supplier, it increases their costs, resulting in a higher price for consumers
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Costs associated with operations are as follows: Wages = $2,000 per worker per month Hiring cost $1,000 per worker Layoff cost = $1,500 per worker The current workforce level is 10 workers. What is the total cost of a staffing plan, including the cost of regular wages, hiring, and layoffs using a chase strategy with hiring and layoffs, but no overtime?
The total cost of a staffing plan using a chase strategy cannot be calculated without knowing the workforce demand or needs.
The chase strategy adjusts workforce levels in response to varying demands, with hiring or layoffs implemented as necessary. In a chase strategy, the organization attempts to match demand and capacity by varying the workforce size. The given costs associated with hiring and laying off workers, along with the regular wages, would be factored into this strategy. However, without specific information on the changes in workforce levels required (i.e., how many workers are hired or laid off each month), it's impossible to calculate the total cost of the staffing plan. If more details about the required workforce levels were given for each month or period, one could calculate the total cost by summing the wages of the workers for each month, the cost of hiring new workers, and the cost of laying off workers, if applicable.
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You are the accountant for Mon Inc., a manufacturer of IT Equipment. This year, according to Job Cost Sheets, Mon Inc. had Production Orders for June costing $350,000 which were completed and transfered to Finished Goods. What would be the 2 Accounts used in the Journal Entry for this transaction ? Debit ____ Credit ____
The 2 accounts used in the Journal Entry for this transaction will be “Work in Progress” and “Finished Goods”.
According to the question, Mon Inc. has completed production orders for June costing $350,000 and transferred them to finished goods. The 2 accounts used in the Journal Entry for this transaction will be “Work in Progress” and “Finished Goods” as discussed below:
Work in Progress: This account is an inventory account, which represents the cost of the goods that are currently in production and not yet complete. It contains all the costs associated with the production of goods.
This account is used in the journal entry when a company completes production orders. Work in progress account is debited to decrease it because the cost of production is transferred to the finished goods.
Finished Goods: The finished goods account represents the completed products, which are ready to be sold to customers. This account is also an inventory account, and it is used to recognize the cost of finished products.
The finished goods account is credited when the goods are transferred from work in progress, and it is debited when the goods are sold to customers.So the journal entry will be:
Debit: Work in Progress = $350,000
Credit: Finished Goods = $350,000
The journal entry will decrease the value of the work in progress account by $350,000 and increase the value of the finished goods account by the same amount.
Thus, it will reflect the cost of completed production orders for June transferred to the finished goods account.
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This chapter deals with using communication to build relationships. Relationship-building is the foundation of selling. We communicate in many different ways. By actively listening we communicate to the other person that what they have to say is important to us. Potential customers often "talk" to us with non-verbal communication. Our own non-verbal communication sends messages to our customers. We may not be face-to-face when trying to communicate with customers. The telephone, email, social media are all ways we communicate.
Postings must be at least 100 words and replies at least 50 words. This is a minimum expectation.
_________________________________________________________________________________________________________________
Pick one of these sub-topics of communication and create a post. In your post imagine how one of these areas of communication might affect a real-world selling situation. Try to be as descriptive as possible and relate what you say to what you have read in the chapter. This post must be at least 100 words and should be completed before Friday. Please note this is a Post First forum, so you will not see posts from your peers until you have created your own post.
Non-verbal communication is crucial in real-world selling, as it influences first impressions, builds trust, and strengthens customer relationships.
In a real-world selling situation, non-verbal communication plays a crucial role in building relationships with potential customers. Imagine a salesperson attending a trade show to showcase their products. As potential customers approach the booth, the salesperson's body language, facial expressions, and gestures convey important messages.
Non-verbal cues such as a warm smile, maintaining eye contact, and open posture communicate a sense of approachability, attentiveness, and interest in the customer. This can create a positive first impression and establish a foundation of trust and rapport.
Additionally, the salesperson's attire, grooming, and overall appearance contribute to their non-verbal communication. Presenting oneself professionally and appropriately for the industry or event can enhance credibility and instill confidence in the customer.
Furthermore, the arrangement and organization of the booth itself can convey messages about the company's professionalism, attention to detail, and commitment to customer experience. A visually appealing and well-designed booth can attract customers and create a positive environment for communication.
In the absence of face-to-face interactions, other forms of non-verbal communication come into play. When communicating through emails or social media, factors such as tone of writing, prompt responses, and the use of appropriate emoticons or emojis can influence how customers perceive the salesperson's attitude and level of engagement.
By being mindful of non-verbal cues and adapting them to different communication channels, salespeople can effectively build relationships and establish strong connections with potential customers, as emphasized in the chapter.
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Is conflict always bad? Provide two examples to support your position. As leaders, how can we manage, mitigate and/or resolve conflict?
Conflict is not always bad. It can be a catalyst for positive change and growth in various contexts.
Conflicts often arise when individuals or groups hold differing perspectives, goals, or interests. While conflict can lead to negative consequences if not managed effectively, it also presents opportunities for learning, innovation, and improved relationships.
In the workplace, constructive conflicts can enhance creativity and problem-solving. When team members engage in open discussions and respectfully challenge each other's ideas, they can generate innovative solutions and drive organizational progress. For example, during a brainstorming session, conflicting viewpoints can spark new insights and lead to breakthrough innovations that might not have been achieved through consensus alone. This demonstrates how conflict can serve as a catalyst for positive change and advancement.
In personal relationships, conflict can deepen understanding and strengthen connections. Disagreements and differences of opinion can foster empathy, as individuals strive to comprehend each other's perspectives and find common ground. Through effective communication and conflict resolution strategies, people can address underlying issues, build trust, and forge stronger bonds. For instance, in a romantic partnership, conflict can provide an opportunity for couples to address concerns, express emotions, and work together to find mutually satisfactory resolutions, ultimately strengthening their relationship.
To manage, mitigate, and resolve conflict as leaders, several approaches can be employed. First and foremost, fostering open and transparent communication channels is crucial. Encouraging team members to express their opinions, actively listening to their concerns, and facilitating constructive dialogue can help prevent conflicts from escalating and enable early intervention.
Additionally, promoting a culture of empathy and understanding can contribute to conflict resolution. Encouraging individuals to see conflicts as opportunities for growth, rather than sources of division, can foster a collaborative mindset. Implementing training programs on conflict resolution and negotiation skills can equip team members with the tools to address conflicts effectively and reach win-win solutions.
Furthermore, it is essential for leaders to remain impartial and facilitate a fair and inclusive process during conflict resolution. Creating a safe and supportive environment where all parties involved feel heard and respected is crucial for finding common ground and reaching sustainable resolutions.
In conclusion, conflict is not always bad, as it can lead to positive outcomes and growth. By embracing constructive conflicts, leaders can harness the potential for innovation and enhanced relationships. By promoting open communication, empathy, and impartiality, leaders can effectively manage, mitigate, and resolve conflicts, creating a harmonious and productive environment.
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One Device makes universal remote controls and expects to sell 990 units in January, 564 in February, 690 in March, 681 in April, and 419 in May. The required ending inventory is 15% of the next month's sales. Calculate the total production for the first four months (January, February, March and April). Round to the nearest hundreth, two decimal places.
The total production for the first four months is 2618.05 units.
The number of units of universal remote controls to be sold are:990 units in January564 units in February690 units in March681 units in April419 units in May The required ending inventory is 15% of the next month's sales. We have to calculate the total production for the first four months (January, February, March and April). So, the production needs for January are as follows: Selling requirement = 990 Required ending inventory = 15% of February’s selling requirement = 15% of 564 = 84.6Production needed in January = Selling requirement + Required ending inventory = 990 + 84.6 = 1074.6The production needs for February are as follows: Selling requirement = 564Required ending inventory = 15% of March’s selling requirement = 15% of 690 = 103.5
Production needed in February = Selling requirement + Required ending inventory = 564 + 103.5 = 667.5The production needs for March are as follows: Selling requirement = 690Required ending inventory = 15% of April’s selling requirement = 15% of 681 = 102.15Production needed in March = Selling requirement + Required ending inventory = 690 + 102.15 = 792.15The production needs for April are as follows: Selling requirement = 681Required ending inventory = 15% of May’s selling requirement = 15% of 419 = 62.85Production needed in April = Selling requirement + Required ending inventory = 681 + 62.85 = 743.85
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Candice is due to receive a work-related bonus of $1,250.00. This bonus will be paid separately from her regular semi-monthly salary of $1,400.00. Calculate Candice's Canada Pension Plan contribution on the bonus. Candice will not reach the annual maximum for CPP contributions with these payments.
Candice's Canada Pension Plan (CPP) contribution on the bonus of $1,250.00 is $68.13, calculated by multiplying the bonus amount by the CPP contribution rate of 5.45%.
The CPP contribution rate for employees in 2021 is 5.45% of pensionable earnings. The maximum pensionable earnings for 2021 is $61,600. Since Candice's bonus of $1,250.00 is below the maximum pensionable earnings, she will contribute a portion of the bonus amount towards CPP.
To calculate Candice's CPP contribution on the bonus, we can multiply the bonus amount by the CPP contribution rate of 5.45%.
CPP contribution on the bonus = $1,250.00 * 5.45% = $68.13
Therefore, Candice's Canada Pension Plan contribution on the bonus of $1,250.00 will be $68.13. Hence, Candice's CPP contribution on the bonus is determined by multiplying the bonus amount by the CPP contribution rate, which is 5.45% for employees in 2021. Since her bonus amount is below the maximum pensionable earnings, she will contribute a portion of the bonus towards CPP.
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