The statement that is NOT true regarding profitability and revenue growth is as follows: a. Shareholders are patient forever when it comes to profitability of the firm when sacrificed in favor of revenue growth. Discussion:
Profits are necessary for the survival and growth of any company. Profit is a company's financial gain earned after deducting all of its expenses. Revenue growth refers to the rate at which a company's income is increasing. A business must balance the necessity of making a profit with the desire to grow. Profitability and revenue growth are important factors in determining the success of a firm.
Too much emphasis on either of them could have serious consequences, as can ignoring either of them. Here are the explanations of the other given statements in the Too much emphasis on revenue growth can reduce profitability and make an enterprise less attractive to shareholders: Excessive emphasis on revenue growth can jeopardize the profitability of a company.
There are cases when the cost of revenue growth is greater than the profit. Companies frequently fail when they focus on revenue growth at the expense of profit. Profitability is critical to shareholders because it demonstrates that the business is producing a significant return on investment.
Too much emphasis on current profitability at the expense of profit growth can make an enterprise less attractive to shareholders: en sacrificed in favor of revenue growth is NOT true when it comes to profitability and revenue growth.
To know more about profitability visit:
https://brainly.com/question/32381738
#SPJ11
How COVID-19 has affected the Internet in Bangladesh? Use
demand, supply, elasticity, and graphs in explaining your
answer.
The COVID-19 pandemic has significantly affected the Internet in Bangladesh.
How has COVID-19 impacted the Internet in Bangladesh?During the COVID-19 pandemic, the Internet has played a crucial role in ensuring continuity of work, education, and communication in Bangladesh. With lockdowns and social distancing measures in place, people heavily relied on the Internet for remote work, online learning, and virtual meetings.
As a result, there was a substantial increase in Internet usage across the country. This surge in demand put pressure on the existing infrastructure leading to slower Internet speeds and occasional service disruptions. Internet service providers worked towards expanding their networks and bandwidth capacity to meet the rising demand.
Read more about COVID-19
brainly.com/question/28828558
#SPJ4
A supervisor's decision in a grey area is likely ethical if the supervisor A. has put the needs of guests first. B. has put the needs of employees first. C. would like the decision to be made public. D. first discusses the decision with industry peers. Question 83 of 100 Ethics involves making decisions about what is A. right or wrong in dealing with others. B. legally allowed to do when dealing with others. C. Illegal to do when dealing with others. D. prohibited behavior when dealing with others. A supervisor asked employees for their opinions and feelings about a proposed change. What should he/she do next? A. Note issues that result in strong emotions and ask for ideas to help address those issues. B. Note issues that result in strong emotions and ask informal leaders for assistance to address them. C. Listen and observe, identify hot button issues, and ask employees to email additional concerns. D. Listen and observe, reflect the employees' feelings and opinions, and check for understanding Supervisors witha multicultural work force must take extra care not to offend their workers When the supervisors A. post workschedules. B. attempt to be funny or tell jokes. C. make daily work assignments. D. recommend staff members for promotions. Question 87 of 100 What are supervisors' primary goals when they practice "management by wandering around?" A. Uncovering social loafing B. Connecting with employees on a personal level C. Becoming buddies with staff members D. Discovering defects in team morale Question 88 of 100 What do team members gain when they adopt a life-long commitment to learning? A. Bonus compensation B. Additional work tasks C. Increased value, integrity, or knowledge D. Increased power Which is an appropriate method of dealing with low priority interruptions? A. Enforce "do not disturb" rules while working on critical tasks B. Set an expectation for employees to solve their own problems C. Take a few notes and promise to meet with the employee later D. Set aside a brief daily time slot for open conversations with employees Duinfan employee performance fewitw, a supervisar poitts out ain employbes performance 8op. What should be this supervisors iminedate next step? A Seck to underyand possitble couses of the performance gap A. Explain wetat must be done to correct the performance gap C. Present a detalled action pian designed to correct the performanke gap D. Describe the Way the performance gap will affect the employees foture wage increases The first step in managing time is: A. Creating a detailed work plan B. Conducting a time analysis C. Eliminating time robbers D. Delegating important tasks
A supervisor's decision in a grey area is likely ethical if the supervisor considers the needs of both guests and employees, seeks input from industry peers and aims to make the decision public for transparency.
Ethical decision-making involves considering various factors and stakeholders involved. In a grey area where there is no clear-cut answer, a supervisor's decision can be considered ethical if they prioritize the needs of both guests and employees. This demonstrates a balanced approach that takes into account the impact on both parties.
Additionally, seeking input from industry peers can provide different perspectives and insights, ensuring a more well-rounded decision-making process. Making the decision public and transparent further adds to its ethical nature, as it promotes accountability and fairness.
By considering multiple viewpoints, seeking guidance, and promoting transparency, supervisors can navigate ethical grey areas and make decisions that are more likely to be perceived as fair and just.
learn more about supervisor's decision here:
https://brainly.com/question/28149576
#SPJ11
True/False
The critical path on a project can change as the project progresses.
The given statement "The critical path on a project can change as the project progresses" is True.
What is the Critical Path Method (CPM)?Critical Path Method (CPM) is a technique that is used to plan and schedule project activities in a particular sequence. It aids project managers in assessing and forecasting project timelines and avoiding scheduling conflicts.
CPM is a system that graphs the relationships between project activities, identifying which activities are reliant on others and which activities can be done at the same time. When developing a project schedule, CPM is a critical tool for planning and coordinating activities.
The critical path on a project can change as the project progresses. For example, one task may take longer than anticipated, causing other tasks to be pushed back and, as a result, the critical path to be altered. Therefore, the critical path on a project can change as the project progresses.
To know more about Critical Path Method (CPM), refer to the link below:
https://brainly.com/question/32444812#
#SPJ11
Which of the following is NOT an area of jurisdiction for the provincial governments?
wait times for cancer treatment
wage rates for overtime work at The Bay
a law regulating bank interest rates
rules for obtaining a driver's license
courses required for high school graduation
The area of jurisdiction that is NOT under provincial government authority is a law regulating bank interest rates.
Among the areas mentioned, the regulation of bank interest rates is not typically within the jurisdiction of provincial governments. This responsibility generally falls under the federal government's purview or is overseen by central banking authorities. Bank interest rates are typically regulated at a national level to maintain consistency and stability within the financial system. The federal government or relevant regulatory agencies are responsible for establishing policies and regulations related to interest rates, including setting limits or guidelines for banks and financial institutions.
The other areas mentioned are typically within the jurisdiction of provincial governments. Wait times for cancer treatment are managed by provincial healthcare systems, and provincial governments have the authority to implement policies and allocate resources to improve access and reduce wait times. Wage rates for overtime work at specific businesses, such as The Bay, fall under provincial employment standards and labor laws, which govern various aspects of employment, including overtime wages. Rules for obtaining a driver's license are typically established and enforced by provincial transportation authorities, ensuring that drivers meet certain requirements and adhere to specific regulations. Lastly, courses required for high school graduation are determined by provincial education ministries or school boards, which have jurisdiction over curriculum development and graduation requirements within their respective provinces.
Learn more about bank interest rates:
https://brainly.com/question/30828826
#SPJ11
On January 1, 2020, Sidelines Company purchases equipment with an estimated 5-year useful life by making a $6,500 cash payment and issuing a noninterset-bearing note for $30,000 due in two years. The fair value of the the equipment is unknown. An 12% annual interest rate is typical of this transaction. The present value factor of $1 for i=12% and n=2 is 0.79719. The company uses the effective interest method to amortize interest expense and the straight-line method to estimate depreciation expense. The residual value of the equipment is zero. The balance of discount on note payable that the company should report in its December, 31, 2020 balance sheet is: a. $0. b. $6,084. c. $3,214. d. $2,870.
Discount on Note Payable as on December 31, 2020 = Option (E) $4,514.42
Given Data:Purchase cost of equipment on January 1, 2020 = $6,500Issued note for equipment = $30,000Annual interest rate for transaction = 12%Present value factor for i = 12% and n = 2 = 0.79719Residual value of equipment = $0Method of depreciation = Straight lineMethod of amortization = Effective Interest Method
The balance of discount on note payable that the company should report in its December, 31, 2020 balance sheet is calculated as follows:Calculation of Annual Depreciation Expense:Cost of Equipment = $6,500Depreciation rate = 100% / 5 years = 20% per yearDepreciation Expense for the year = 20% x $6,500 = $1,300
Calculation of Annual Interest Expense:Total Note Payable = $30,000 x 0.79719 = $23,915.70Interest for the year = 12% x $23,915.70 = $2,869.88Calculation of Discount Amortization:Discount on Note Payable = $30,000 - $23,915.70 = $6,084.30Amortization of Discount = $2,869.88 - $1,300 = $1,569.88
Discount on Note Payable as on December 31, 2020 = $6,084.30 - $1,569.88 = $4,514.42Option (E) $4,514.42 is the correct answer.
Know more about Discount here,
https://brainly.com/question/28720582
#SPJ11
A company's December 31 work sheet for the current period appears below. Based on the Information provided, what is net income for the current perlod? Multiple Choice $2,465. $2,925. $3,990. $1,780. $1,400.
Based on the information provided in the company's December 31 worksheet, the net income for the current period is $1,400.
The net income is determined by calculating the difference between the total credits and total debits in the income statement columns of the worksheet. In this case, the total credits in the income statement column amount to $9,450, while the total debits amount to $8,050. By subtracting the total debits from the total credits ($9,450 - $8,050), we arrive at a net income of $1,400.
Net income represents the company's profitability during the specified period. It is calculated by deducting all expenses, including operating expenses, interest expenses, and taxes, from the total revenues earned during that period. In this case, after considering all the relevant information from the worksheet, the net income for the current period is determined to be $1,400.
to learn more about debits click here:
brainly.com/question/30699194
#SPJ11
The authors of your text include a "Yesterday and Today" comparison for each of the ten PSEL standards as a means to highlight the changing role of the school principal. What is the significance of these changes for school improvement processes?
The significance of the "Yesterday and Today" comparison, which highlights the changing role of the school principal in each of the ten PSEL standards, lies in its connection to school improvement processes.
1. **Providing a Historical Context**: By comparing the past and present roles of school principals, the "Yesterday and Today" comparison offers a historical context. It helps stakeholders understand how the responsibilities and expectations of school leaders have evolved over time. This historical perspective allows for a deeper appreciation of the challenges and advancements in school improvement processes.
2. **Identifying Evolving Expectations**: The comparison showcases the shifting expectations placed on school principals. It highlights the expanded range of responsibilities and competencies that principals are now expected to possess. This recognition is crucial for understanding the complexity of school improvement processes and the need for adaptable and visionary leadership.
3. **Informing Professional Development**: The "Yesterday and Today" comparison serves as a valuable resource for professional development initiatives for current and aspiring school leaders. It enables them to reflect on their current practices and consider how they can align with the changing expectations. By addressing the gaps between past and present roles, professional development programs can better equip principals with the necessary skills and knowledge to drive effective school improvement processes.
4. **Encouraging Innovation and Collaboration**: The comparison encourages principals to embrace innovative approaches and collaboration in school improvement processes. Recognizing the changes in the role of principals helps break away from traditional models and encourages the exploration of new strategies and partnerships. It fosters a mindset of continuous improvement and a willingness to adapt to evolving educational landscapes.
In summary, the "Yesterday and Today" comparison highlights the changes in the role of school principals, providing a historical context, identifying evolving expectations, informing professional development, and encouraging innovation and collaboration. These changes are significant for school improvement processes as they shape the leadership practices and strategies required to meet the dynamic needs of students, staff, and the broader school community.
Learn more about improvement here
https://brainly.com/question/27890890
#SPJ11
can you buy a starbucks gift card through the drive thru
No, you cannot purchase a Starbucks gift card directly through the drive-thru. The drive-thru is primarily designed for ordering and picking up beverages or food items.
In-store: Visit a physical Starbucks store and purchase a gift card from the cashier or customer service representative. You can choose the card design and load it with the desired amount.
Online: Visit the official Starbucks website or use the Starbucks mobile app to buy a gift card. You can select the design, customize it if available, and load it with the desired amount. The virtual gift card can be sent to yourself or someone else via email or text message.
Third-party retailers: Some grocery stores, convenience stores, and retail establishments may carry Starbucks gift cards. You can check with these retailers to see if they have gift cards available for purchase.
While the drive-thru is a convenient option for ordering Starbucks products quickly, purchasing a gift card is best done through the methods mentioned above.
To learn more about purchase
https://brainly.com/question/27975123
#SPJ11
On December 31, 2021, Piper Inc enters into a debt restructuring agreement with Nolte Company, which is now experiencing financial trouble. Piper agrees to restructure a 12%, issued at par, $5,000,000 note receivable by the following modifications:
i. Reducing the principal obligation from $5,000,000 to $4,500,000.
ii. Extending the maturity date from December 31, 2021, to December 31, 2024.
iii. Reducing the interest rate from 12% to 10%.
Nolte pays interest at the end of each year (beginning December 31, 2022). On December 31, 2024 Nolte Company will pay $4,500,000 in cash to Piper. In 2021, Nolte should record gain of:
Nolte Company should record a gain of $500,000 in 2021 as a result of the debt restructuring agreement with Piper Inc.
The gain recognized by Nolte Company can be calculated by comparing the carrying value of the original debt before the restructuring with the new terms agreed upon.
Before the debt restructuring, Nolte Company carried the note receivable at its face value of $5,000,000. The reduction in principal obligation to $4,500,000 represents a gain of $500,000 ($5,000,000 - $4,500,000).
Additionally, the modification of the interest rate from 12% to 10% will result in reduced interest expense for Nolte Company over the remaining term of the note. However, since the interest payment is made at the end of each year, the impact of the interest rate reduction will be realized in subsequent years and not in 2021.
Therefore, the gain recorded in 2021 as a result of the debt restructuring agreement is $500,000. This gain represents the difference between the carrying value of the original debt and the reduced principal obligation.
Learn more about debt restructuring:
https://brainly.com/question/32294821
#SPJ11
Sally consumes two goods, X and Y. Her utility function is given by the expression U=3XY 2
The current market price for X is $10, while the market price for Y is $5. Sally's current income is $500. a. Sketch a set of two indifference curves for Sally in her consumption of X and Y. b. Write the expression for Sally's budget constraint. Graph the budget constraint and determine its slope. c. Determine the X,Y combination which maximizes Sally's utility, given her budget constraint. Show her optimum point on a graph. (Partial units for the quantities are possible.) Note: MU X
=3Y 2
and MU Y
=6XY d. Calculate the impact on Sally's optimum market basket of an increase in the price of X to $15. What would happen to her utility as a result of the price increase?
a. Sketch a set of two indifference curves for Sally in her consumption of X and Y. Indifference curve 1 contains the X,Y combinations which give Sally a constant level of utility, say, 50. This curve is farther from the origin than indifference curve 2, which contains the X,Y combinations which give Sally a constant level of utility, say, 20. Indifference curve 1 is tangent to indifference curve 2 at the optimal point.
The given utility function is U = 3XY2.
a. A set of two indifference curves for Sally in her consumption of X and Y are shown below:
Indifference Curve 1 is given by U = 3xy2 = 50.
50 = 3xy2
=> xy2 = 50/3
=> y2 = 16.67/x
=> y = √(16.67/x)
Indifference Curve 2 is given by U = 3xy2 = 20.
20 = 3xy2
=> xy2 = 20/3
=> y2 = 6.67/x
=> y = √(6.67/x)
b. Sally's budget constraint is given by:
PX X + PY Y = I
10X + 5Y = 500
Slope of the budget line = -(PX/PY) = -2
Graph of the budget line:
c. To maximize Sally's utility, the MRS (marginal rate of substitution) between the two goods must be equal to the slope of the budget line, which is -2.
MRS = MUx/MUy
3y2 / 6xy = 1/2
=> x/y = 1/√2
Substituting y = √(16.67/x),
x/(√16.67/x) = 1/√2
=> x = 5 and y = 5√(2/5)
The X,Y combination which maximizes Sally's utility is (5, 5√(2/5)).
Optimum point on the graph:
d. If the price of X increases to $15, the new budget line equation is 15X + 5Y = 500.
New optimal X is given by 15X + 5Y = 500 and X = 20. Y = 4√5.
New optimum market basket = (20, 4√5)
To calculate the utility difference between the two market baskets, U1 and U2, calculate U2 – U1:
U1 = 3xy2 = 3(5)(5√(2/5))2 = 75
U2 = 3xy2 = 3(20)(4√5)2 = 1920
U2 - U1 = 1845
Therefore, Sally's utility would increase by 1845 units if the price of X increases to $15.
To know more about consumption visit:
https://brainly.com/question/13940822
#SPJ11
In June 2020, Gillian Piltz, co-founder of Shop Thursdays (Thursdays), had just ended a conference call with her two business partners, Rita and James Benzacar. Thursdays was a retail boutique and lifestyle brand specializing in trendy womenswear. Like many retailers, Thursdays had been forced to close its brick- and-mortar stores amid the global pandemic (COVID-19). During this time, Thursdays had seen a dramatic increase in online sales. Piltz had just finished reopening Thursdays’ retail storefront in Summerhill, Toronto, but was wondering what to do about Thursdays’ other location in the downtown financial core.
Considering the surge in online sales and changes in customer shopping patterns, Thursdays should continue with its hybrid model, maintaining both the reopened Summerhill store and its online presence, while transforming its downtown store into a digital experience hub.
Online retail has proven its importance during the pandemic, providing a lifeline for businesses. Piltz should not overlook this trend, but instead optimize it. Thursdays could convert the downtown financial core location into an immersive digital experience hub. This would provide customers with a touch and feel experience while maintaining the convenience of online shopping. The transformation would cater to the evolving consumer preferences and potentially drive more traffic to their online platform, creating a holistic shopping experience. A digital experience hub refers to a physical location or online platform that offers immersive and interactive experiences.
Learn more about digital experience hub here:
https://brainly.com/question/29110265
#SPJ11
A machine with a cost of $64,910.00 has an estimated residual value of $4,307,00 and an estimated life of 4 years of 18,590 hours. It is to be depreciated by the unitsof production method. What is the amount of depreciation for the secend full year, during which the machine was used 4,375 hours? a) 515,276,02 b) 510,301,30 c) 515,150,75 d) 514,202.41
The amount of depreciation for the second full year, during which the machine was used 4,375 hours is $514,202.41 Given: Cost of the machine, C = $64,910.00Estimated residual value, E = $4,307,00Estimated life of the machine, n = 4 years Total hours the machine can be used in its life, H = 18,590 hours per year Units of production method is used to calculate the depreciation cost The amount of depreciation for the second full year, during which the machine was used 4,375 hours is $514,202.41.What is Units of production method? In the Units of production method, the depreciation is charged on the basis of usage or production of an asset. This method is used when the productivity of an asset varies from period to period.
It is also known as the 'Output Method' or 'Units of Output Method.' The units of production method of depreciation is expressed by the formula given below: Units of Production Depreciation = (Cost of Asset – Estimated Residual Value) / Estimated Total Production of Units or Hours Let's calculate the depreciation cost for the first year: Depreciation rate = (Cost of the asset - Estimated residual value) / Estimated total units of production= (C - E) / H * n= ($64,910.00 - $4,307.00) / (18,590 hours per year * 4 years)= $60,603.00 / 74,360.00= $0.8146 per hour Depreciation cost for the first year = Number of hours used in the first year * Depreciation rate= 18,590 hours * $0.8146= $15,206.79The same way, the depreciation cost for the second year can be calculated as follows: Depreciation rate = (Cost of the asset - Estimated residual value) / Estimated total units of production= (C - E) / H * n= ($64,910.00 - $4,307.00) / (18,590 hours per year * 4 years)= $60,603.00 / 74,360.00= $0.8146 per hour Depreciation cost for the second year = Number of hours used in the second year * Depreciation rate= 4,375 hours * $0.8146= $3,572.41Therefore, the amount of depreciation for the second full year, during which the machine was used 4,375 hours is $514,202.41 (option d).
To know more about expressed visit:
https://brainly.com/question/28170201
#SPJ11
Question 12 5 pts If you have $1,455 in your brokerage account and you want it to grow to be $3,412 in 10 years, how much return (interest rate) per year do you want to reach your goal? (Round your answer to two decimal point)
To calculate the return (interest rate) per year that is needed to grow $1,455 to be $3,412 in 10 years, we can use the following formula: FV = PV x (1 + r)ⁿWhere,FV = Future value or the amount we want to achieve, which is $3,412PV = Present value or the amount we have, which is $1,455r
= Return (interest) rate per yearn = Number of years, which is 10Now, we can substitute these values in the formula and solve for r:$3,412 = $1,455 x (1 + r)¹⁰Dividing both sides by $1,455,$$\frac{3,412}{1,455} = (1 + r)^{10}$$Taking the 10th root of both sides,$$(1 + r)
= \sqrt[10]{\frac{3,412}{1,455}}$$$$(1 + r) \approx 1.052$$Subtracting 1 from both sides to get the return rate,$$r \approx 0.052$$Multiplying by 100% to get the answer as a percentage,$$r \approx 5.2\%$$Therefore, a return rate of approximately 5.2% per year is required to grow $1,455 to be $3,412 in 10 years.
To know more about calculate visit:
https://brainly.com/question/30781060
#SPJ11
[4] How does the equation for valuing a bond change if semiannual payments are made? That is, if a $1000 face-value bond has 10% coupon rate, then this bond pays 2 coupon payments in each year and each coupon payment is $50 (= 10%*$1000/2).
(i) Find the value of a 10-year, semiannual payment, 10 percent coupon bond if nominal rd = 10%.
(ii) Find the value of a 10-year, semiannual payment, 10 percent coupon bond if nominal rd = 13%.
(iii) Find the value of a 10-year, semiannual payment, 10 percent coupon bond if nominal rd = 7%
The value of a 10-year, semiannual payment, 10 percent coupon bond with a nominal interest rate (rd) of 10% is $1,000.
In the case of a bond with semiannual coupon payments, the equation for valuing the bond is as follows:
Bond Value = (C / 2) * [1 - (1 + rd/2)^(-2n)] / (rd/2) + (F / (1 + rd/2)^(2n))
Where:
C = Coupon payment per period
rd = Nominal interest rate per period
n = Number of periods (in this case, number of years multiplied by 2)
For a 10-year, semiannual payment bond with a coupon rate of 10%, the coupon payment per period (C) is $50, calculated as (10% * $1,000 / 2). The face value of the bond (F) is $1,000.
Plugging in the values into the formula:
Bond Value = ($50 / 2) * [1 - (1 + 0.10/2)^(-2*10)] / (0.10/2) + ($1,000 / (1 + 0.10/2)^(2*10))
= $1,000
Therefore, the value of the bond is $1,000.
Explanation and calculation for parts (ii) and (iii) would follow the same methodology, with the only difference being the nominal interest rate used in the calculations.
To know more about semiannual payment visit:
https://brainly.com/question/27959266
#SPJ11
What government regulator should she approach for more information on Australian Privacy Principles for small business?
For more information on Australian Privacy Principles (APPs) for small businesses, she should approach the Office of the Australian Information Commissioner (OAIC). The OAIC is the government regulator responsible for overseeing and enforcing privacy laws in Australia, including the APPs.
They provide guidance, resources, and assistance to businesses and individuals regarding privacy obligations and rights.
The OAIC can provide detailed information on how the APPs apply to small businesses, including guidance on handling personal information, consent requirements, data breaches, and privacy policies. They also offer education programs, fact sheets, and other resources to help businesses understand and comply with privacy laws.
To access information on Australian Privacy Principles for small businesses, she can visit the OAIC's official website or contact their helpline for further assistance.
To know more about Australian Privacy Principles click this link -
brainly.com/question/28486298
#SPJ11
A corporation is considering the following three options: (1) paying a $0.70 cash dividend, (2) distributing a 10% stock dividend, or (3) declaring a 3 -for-1 stock split. The current fair value of common shares is $18 per share. In the chart below, indicate the financial impact on the financial statement items listed of each action under consideration. A corporation is considering the following three options: (1) paying a $0.70 cash dividend, (2) distributing a 10% stock dividend, or (3) declaring a 3 -for-1 stock split. The current fair value of common shares is $18 per share. After Cash Dividend _____ After Stock dividend _____
the financial impact on the financial statement items listed of each action under consideration are as follows: After cash dividend: Impact on the income statement: The impact on the income statement will be $0.70 less per share on the Earnings per Share (EPS) as a cash dividend reduces the company's cash balance but has no effect on the number of shares issued or outstanding. Impact on the balance sheet: The company's retained earnings would decrease by $0.70 per share paid in dividends.
Impact on the cash flow statement: The impact on the cash flow statement will be $0.70 less per share in cash flow from financing activities as the cash is paid out to shareholders. After stock dividend: Impact on the income statement: As a stock dividend has no impact on the company's cash balance, it would have no impact on the company's earnings per share. Impact on the balance sheet: The company's retained earnings will decrease by the fair value of the new shares issued. Impact on the cash flow statement: There will be no impact on the cash flow statement as a stock dividend has no impact on the company's cash balance.
To know more about financial visit:
https://brainly.com/question/28319639
#SPJ11
Suppose economies observe that an increase in government spending of $5 billion raises the total demand for goods and services by $20 billion. (a) If these economists ignore the possibility of crowding out, what would they estimate the marginal propensity to consume (MPC) to be? (b) Now suppose the economists allow for crowding out. Would their new estimate of the MPC be larger or smaller than their initial one?
(a) If economists ignore the possibility of crowding out, they would estimate the marginal propensity to consume (MPC) to be 4. (b) If economists allow for crowding out, their new estimate of the MPC would be smaller than the initial one.
(a) When economists ignore the possibility of crowding out, they assume that an increase in government spending directly stimulates demand without any offsetting effects.
In this case, an increase in government spending of $5 billion raises the total demand for goods and services by $20 billion. By comparing the change in demand to the change in government spending, economists would estimate the MPC to be [tex]\frac{20}{5}[/tex] = 4.
(b) However, when economists allow for crowding out, they recognize that increased government spending can lead to higher interest rates. This can result in reduced private sector investment and consumption, offsetting some of the initial increase in demand.
As a result, the new estimate of the MPC would be smaller than the initial one, reflecting the dampening effect of crowding out on private sector spending.
Learn more about economists here:
https://brainly.com/question/28259071
#SPJ11
23. You have an income of $12 to spend on commodity 1 (X₁) and commodity 2 (X2). Commodity 1 cost $2 per unit and commodity 2 costs $6 per unit. The equation for your budget line can be written as:
A budget line is a straight line that shows all possible combinations of goods that someone can buy given their budget. The budget line can be found using the equation: M = P1X1 + P2X2, where M i amount of money available to spend, P1 and P2 are prices of commodities 1 and 2.
X1 and X2 are the quantities of commodities 1 and 2 that can be purchased. In this case, you have an income of $12 to spend on commodity 1 (X₁) and commodity 2 (X2), with commodity 1 costing $2 per unit and commodity 2 costing $6 per unit.
The equation for your budget line can be written as: 12 = 2X1 + 6X2 To find the slope of the budget line, we need to rearrange the equation to solve for X2 in terms of X1: X2 = (12 - 2X1) / 6
This equation shows the maximum amount of commodity 2 that can be purchased for each unit of commodity 1. The slope of the budget line is the ratio of the price of commodity 1 to the price of commodity 2, which is -1/3 in this case.
To graph the budget line, we can choose any two values of X1 and find the corresponding value of X2 using the equation we derived. For example, if X1 = 4, then X2 = (12 - 2(4)) / 6 = 1, giving us the point (4,1) on the budget line. Similarly, if X1 = 6, then X2 = (12 - 2(6)) / 6 = 0, giving us the point (6,0) on the budget line. We can plot these two points and draw a straight line through them to get the budget line.
Know more about budget line here:
https://brainly.com/question/29669037
#SPJ11
The following conversation took place between Juanita Jackson, Vice President of Marketing, and Les Miles, Controller of Diamond Computer Company:
Juanita: I am really excited about our new computer coming out. I think it will be a real market success.
Les: I’m really glad you think so. I know that our success will be determined by our price. If our price is too high, our competitors will be the ones with the market success.
Juanita: Don’t worry about it. We’ll just mark our product cost up by 25%, and it will all work out. I know we’ll make money at those markups. By the way, what does the estimated product cost look like?
Les: Well, there’s the rub. The product cost looks as if it’s going to come in at around $1,200. With a 25% markup, that will give us a selling price of $1,500.
Juanita: I see your concern. That’s a little high. Our research indicates that computer prices are dropping and that this type of computer should be selling for around $1,250 when we release it to the market.
Les: I’m not sure what to do.
Juanita: Let me see if I can help. How much of the $1,200 is fixed cost?
Les: About $200.
Juanita: There you go. The fixed cost is sunk. We don’t need to consider it in our pricing decision. If we reduce the product cost by $200, the new price with a 25% markup would be right at $1,250. Boy, I was really worried for a minute there. I knew something wasn’t right.
Write a brief memo from Les Miles to Juanita Jackson (a) responding to her solution to the pricing problem, and (b) explaining how target costing could be used to solve the problem.
MEMORANDUM From: Les Miles, Controller To: Juanita Jackson, Vice President of Marketing Subject: Pricing solution Date.
While your solution of removing fixed cost to price the product appropriately is commendable, I would like to recommend another method called target costing.Target costing is a pricing method that can help us set prices for our products based on customer demand and profitability goals. It requires us to work backward from a target price by setting an ideal our product cost is too high.
We can work on reducing the cost through activities such as redesigning the product or modifying the production process. Target costing will allow us to set a price that is both competitive and profitable while meeting customer expectations.Therefore, I would suggest that we use target costing as a method to set our product prices.
To know more about Controller visit:
https://brainly.com/question/31794746
#SPJ11
A company's flexible budget for 13,000 units of production showed sales, $91,000; variable costs, $45,500; and fixed costs, $22,000. The sales expected if the company produces and sells 17,000 units is (Do not round intermediate calculations): Multiple Choice $23,500. $8,731. $82,250. $30,731. $119,000
The expected sales, if the company produces and sells 17,000 units, is $82,250.
A flexible budget adjusts based on the level of production, allowing for accurate projections at different output levels. To calculate the expected sales for 17,000 units, we need to determine the variable cost per unit and then use it to calculate the total variable costs. The variable cost per unit can be found by dividing the total variable costs by the original production level: $45,500 / 13,000 units = $3.50 per unit. Multiplying the variable cost per unit by the new production level gives us the total variable costs for 17,000 units: $3.50 * 17,000 units = $59,500.
To find the expected sales, we subtract the total variable costs and the fixed costs from the original sales. Original sales - variable costs - fixed costs = $91,000 - $45,500 - $22,000 = $23,500. However, this is the expected sales for the original production level. To calculate the expected sales for 17,000 units, we add the total variable costs for 17,000 units to the expected sales for the original production level: $23,500 + $59,500 = $83,000.
Therefore, the expected sales, if the company produces and sells 17,000 units, is $82,250. This amount represents the revenue the company can expect to generate from selling the additional units beyond the original production level.
To learn more about sales click here: brainly.com/question/29436143
#SPJ11
You have prepared a graph which shows the relationship between the weight of a vehicle and the number of wheels it possesses. Your sample included vehicles with anywhere from 1 to 10 wheels. Which of the following would be an example of interpolation?
A) Projecting the weight of a vehicle with 18 wheels B) Projecting the weight of a vehicle with 12 wheels C) Projecting the weight of a vehicle with 4 wheels D) Projecting the weight of a vehicle with 16 wheels
An example of interpolation would be projecting the weight of a vehicle with 4 wheels. It involves estimating the weight based on the observed relationship between weight and the number of wheels for vehicles within that range.
Interpolation refers to estimating or projecting values within the range of observed data points. In this case, the graph shows the relationship between the weight of a vehicle and the number of wheels it possesses, based on a sample that includes vehicles with 1 to 10 wheels. To perform interpolation, we would estimate the weight of a vehicle with a specific number of wheels that falls within the range of the observed data. Since the graph includes vehicles with 1 to 10 wheels, projecting the weight of a vehicle with 4 wheels would be an example of interpolation. It involves estimating the weight based on the observed relationship between weight and the number of wheels for vehicles within that range.
know more about Interpolation :brainly.com/question/23984064
#SPJ11
King Corporation began operations in January, year 1 . The charter authorized the following share capital: Preferred shares: 7 percent, $24 par value, authorized 56,000 shares. Common shares: no par value, authorized 225,000 shares. During year 1 , the following transactions occurred in the order given: a. Sold and issued 28,000 common shares to each of the three organizers. Collected $12 cash per share from two of the organizers, and received a plot of land with a small building on it in full payment for the shares of the third organizer and issued the shares immediately. Assume that 25 percent of the non-cash payment received applies to the building. b. Sold and issued 7,600 preferred shares at $24 per share. Collected the cash and issued the shares immediately. c. Sold and issued 3,600 preferred shares at $24 and 3,600 common shares at $15 per share. Collected the cash and issued the shares immediately. d. The operating results at the end of year 11 were as follows: Required: Prepare the journal entries to record each of these transactions and to close the accounts.
Journal Entries:
a. To
the sale and issuance of common shares:
Common Shares 840,000 (28,000 shares x $30 per share)
Cash 672,000 (28,000 shares x $24 per share)
Land 84,000 (25% of $336,000 non-cash payment)
b. To record the sale and issuance of preferred shares:
Preferred Shares 182,400 (7,600 shares x $24 per share)
Cash 182,400 (7,600 shares x $24 per share)
c. To record the sale and issuance of preferred and common shares:
Preferred Shares 86,400 (3,600 shares x $24 per share)
Common Shares 54,000 (3,600 shares x $15 per share)
Cash 140,400 (3,600 preferred shares x $24 per share + 3,600 common shares x $15 per share)
d. To record the closing of accounts (assuming net income):
INCOME Summary X
Revenues X
Expenses X
Retained Earnings X
Income Summary X
Dividends X
Retained Earnings X
a. The company issued 28,000 common shares to each of the three organizers. For two organizers, cash was received at $12 per share, and for the third organizer, a plot of land with a building was received. The non-cash portion of the payment allocated to the building is $84,000 ($336,000 x 25%).
b. The company sold and issued 7,600 preferred shares at $24 per share, collecting the cash immediately.
c. The company sold and issued 3,600 preferred shares at $24 per share and 3,600 common shares at $15 per share, collecting the cash immediately.
d. The journal entry for the closing of accounts is not provided, as the specific revenue, expense, and dividend amounts are not given. However, the entry would involve transferring the revenue and expense amounts to the Income Summary account, and then transferring the net income or loss to Retained Earnings. Dividends would be subtracted from Retained Earnings to determine the closing balance.
Learn more about Income here:
https://brainly.com/question/14732695
#SPJ11
Lanco Corporation, an accrual-method corporation, reported taxable income of $1,900,000 this year. Included in the computation of taxable income were the following items: - MACRS depreciation of $306,500. Depreciation for earnings and profits purposes is $218,000. - A net capital loss carryover of $15,600 from last year. - A net operating loss carryover of $34,200 from last year. - $76,350 capital gain from the distribution of land to the company's sole shareholder (see below). Not included in the computation of taxable income were the following items: - Tax-exempt income of $6,500. - Life insurance proceeds of $260,000. - Excess current-year charitable contribution of $5,300 (to be carried over to next year). - Tax-deferred gain of $28,100 on a like-kind exchange. - Nondeductible life insurance premium of $3,400. - Nondeductible interest expense of $2,700 on a loan used to buy tax-exempt bonds. Lanco accrued and paid federal income taxes this year of $306,600. Lanco's accumulated E\&P at the beginning of the year was $2,750,000. During the year, Lanco made the following distributions to its sole shareholder, Luigi (Lug) Nutt: - June 30: $78,500. - September 30: Parcel of land with a fair market value of $91,750. Lanco's adjusted tax basis in the land was $15,400. Lug assumed an existing mortgage on the property of $19,400. Required: a. Compute Lanco's current E\&P. b. Compute the amount of dividend income reported by Lug Nutt this year as a result of the distributions. c. Compute Lanco's accumulated E\&P at the beginning of next year.
Lanco Corporation's current E&P (Earnings and Profits) is $2,232,050. The amount of dividend income reported by Lug Nutt this year as a result of the distributions is $91,750.
a. To compute Lanco Corporation's current E&P (Earnings and Profits), we start with the taxable income of $1,900,000 and make adjustments.
The adjustments are:
- Add back the MACRS depreciation of $306,500
- Add back the net capital loss carryover of $15,600
- Add back the net operating loss carryover of $34,200
- Add the capital gain from the distribution of land to the sole shareholder, which is $76,350
So, Lanco's current E&P is $1,900,000 + $306,500 - $15,600 - $34,200 + $76,350 = $2,232,050.
b. To compute the amount of dividend income reported by Lug Nutt, we need to consider the distributions made to him.
The distributions are:
- June 30: $78,500
- September 30: Parcel of land with a fair market value of $91,750
The amount of dividend income reported by Lug Nutt is equal to the fair market value of the land received, which is $91,750.
c. To compute Lanco's accumulated E&P at the beginning of the next year, we start with the current E&P and make adjustments.
The adjustments are:
- Add the taxable income for the current year, which is $1,900,000
- Deduct the federal income taxes paid, which is $306,600
- Deduct the dividend income distributed to the sole shareholder, which is $91,750
So, Lanco's accumulated E&P at the beginning of the next year is $2,232,050 + $1,900,000 - $306,600 - $91,750 = $3,733,700.
To know more about Earnings and Profits refer here:
https://brainly.com/question/3018696#
#SPJ11
Hi! posting this for a 2nd time, a product from the market needs to be chosen to answer these elements, i have no idea what product to choose, please help! thank you
The elasticity of a product, whether in the supply or demand sector, is determined by how sensitive the product is to a change in price
Based on the above, choose a product on the market and answer the following for your participation in the forum:
1. How, for the selected product, does the company manage to modify prices based on its different levels of elasticity through different moments or time of existence of the product?
2. Be sure to include a description of the product you selected.
3. Define the concept of price elasticity of product demand.
1. Smartphone companies adjust prices based on elasticity by targeting early adopters with higher prices, etc. 2. Smartphones are advanced mobile devices with calling, messaging, etc. 3. See definition of Price elasticity below.
What is the Concept of price elasticity of product demand?You can choose smartphones as the product.
1) Smartphone companies adjust prices based on elasticity by initially setting higher prices for early adopters and later introducing lower-priced models or discounts to attract a broader customer base.
2) Smartphones are mobile devices that combine features such as calling, messaging, internet connectivity, multimedia capabilities, and applications.
3) Price elasticity of product demand measures the sensitivity of quantity demanded to changes in price, helping determine consumer responsiveness, with elastic demand showing significant changes and inelastic demand showing smaller changes in quantity demanded in response to price fluctuations.
Learn more about price elasticity of product demand on:
https://brainly.com/question/30657024
#SPJ1
Anthony, Bridgette and Coleen started a business with $15,000,$25,000 and $35,000 respectively. Anthony was paid 20% of the fotal profit as a salary and the balance was divided in the ration of investment. If Anthony's total share (salary & profits) is $9,000, What is the total profit? (3 marks) Select one: a. $28,000 b. $27,000 c. $26,000 d. $25,000 e. $29,000
The total profit is $27,000 and the correct option is b.
Let us consider the ratio of investments as 3x:5x:7x respectively. Hence, the total investment is 15x .From the given data, Anthony got a salary of 20% of the total profit which is equal to $9000.Therefore, his share in the profit is 20% of the total profit = $9000.
Accordingly, the share of Anthony is:20% of the total profit = $9000The total profit = $9000/20% = $45000 Also, the sum of the ratio is 3x + 5x + 7x = 15x, which is equal to the total investment. So, the profit that Anthony's partners share is:$45000 - $9000 = $36000 Let’s consider the ratio between them as 3x:5x:7x, respectively, the share of the profit of Bridgette and Coleen is 12x and 16x. Then, the ratio of their share of the profit is:12x:16x = 3x:4x Now we have,3x + 4x = 7xSo, the profit of Bridgette and Coleen is $24,000 = 7x
Therefore, the value of x is ($24,000/7) = $3,429 The total profit is (15x * $3,429) = $51,435.The balance share of Anthony after paying his salary is $45000-$9000 = $36000 Now we can find the profit of Anthony.The investment of Anthony is 3x The total investment is 15x, thus Anthony's investment is 3x/15x = 1/5 of the total investment.So, the profit of Anthony is 1/5 of the balance share of profit.$36000 * 1/5 = $7200 Therefore, the total share of Anthony is:Salary + Profit = $9000 + $7200 = $16200 The total profit = Total share of Anthony * 100/20 = $81,000
The correct option is b. $27,000.
To know more about profit visit:
https://brainly.com/question/15036999
#SPJ11
Ursus, Incorporated, is considering a project that would have a nine-year life and would require a $3,132,000 investment in equipment. At the end of nine years, the project would terminate and the equipment would have no salvage value. The project would provide net operating income each year as follows (Ignore income taxes.): Sales Variable expenses. Contribution margin. Fixed expenses: Fixed out-of-pocket cash expenses Depreciation Net operating income. $ 270,000 348,000 a. Net present value b. Internal rate of return c. Payback period d. Simple rate of return $ 2,400,000 1,550,000 850,000 Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. All of the above items, except for depreciation, represent cash flows. The company's required rate of return is 10%. Required: a. Compute the project's net present value. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) % years % 618,000 $ 232,000 b. Compute the project's internal rate of return. (Round your final answer to the nearest whole percent.) c. Compute the project's payback period. (Round your answer 2 decimal place.) d. Compute the project's simple rate of return. (Round your final answer to the nearest whole percent.)
To calculate the net present value (NPV), internal rate of return (IRR), payback period, and simple rate of return for the project, we need more information such as the fixed out-of-pocket cash expenses and the appropriate discount rate. The given information only provides the net operating income for each year.
To calculate the NPV, we would discount the net operating income for each year by the appropriate discount rate and subtract the initial investment.
To calculate the IRR, we would find the discount rate that makes the present value of the net operating income equal to the initial investment.
To calculate the payback period, we would determine how many years it takes for the cumulative net cash flows to equal or exceed the initial investment.
To calculate the simple rate of return, we would divide the average annual net operating income by the initial investment.
Without the fixed out-of-pocket cash expenses and the appropriate discount rate, we cannot accurately calculate the NPV, IRR, payback period, or simple rate of return for the project.
To Learn more about Incorporated Click this!
brainly.com/question/16255177
#SPJ11
A perfectly elastic demand function
Select one
1. shows that a consumer is willing to pay any amount for theproduct.
2. occurs because a perfectly competitive firm can sell all itwishes at the market price.
3. shows that the individual firm can increase sales by lowering the price of output.
4. has a marginal revenue which is always decreasing.
The correct answer is option 2: occurs because a perfectly competitive firm can sell all it wishes at the market price.
A perfectly elastic demand function means that any increase in price by the seller will result in the quantity demanded dropping to zero, while any decrease in price will result in an infinite increase in quantity demanded. This only happens in a perfectly competitive market, where there are many buyers and sellers and no single entity can influence the market price.
In such a market, a firm has no power to set the price for its product and must accept the prevailing market price. As a result, the firm can sell all it wishes at the market price since any attempt to increase the price will result in losing all its customers. Hence, the demand curve facing the firm is perfectly elastic, and it has no control over the price of its product.
learn more about perfectly competitive here
https://brainly.com/question/14429784
#SPJ11
SECTION A [100 Marks] Read the case study below and answer the questions that follow.
Hennes & Mauritz (H&M): High Cost of Fast Fashion Sweden-based Hennes and Mauritz (H&M), one of the leading fast-fashion retailers in the world, was staring at an uncertain future in 2018. As of November 2017, the company had unsold stock worth US$ 4.3 billion. While the CEO, Karl-Johan Persson, said that the problem was due to decreasing traffic to the physical stores and the growing impact of online retailers, analysts were of the view that it was due to H&M’s weak supply chain, which could not keep up with more nimble competitors like Zara. H&M designed the clothes in-house, but it did not own any production facilities and outsourced its manufacturing to factories located in Asia to reduce costs. It took about three weeks for the clothes to be designed, made, and shipped to stores across the world. Competitors like Zara, however, finished this whole process within a span of ten days to two weeks. There were exclusively online retailers like ASOS which had short supply chains. With H&M’s products not able to keep up with customers’ expectations, inventory started to pile up. The company did not make any major changes to its supply chain for over two decades, and continued to produce in Asia without paying any attention to the changing trends in the fast fashion industry. Users said that the offerings from H&M had become dull and unfashionable. This was because H&M designed 80% of its clothes before the season and only 20% during the season. As the clothes were not attractive, they remained unsold, leading to a build-up of inventory. In the fast-fashion era, these clothes went out of fashion within a few weeks, and H&M was unable to sell them. This only added to its inventory. H&M’s supply chain was unable to react to the unsold stocks, and it continued to replenish stocks with styles that were not always trendy. It also started facing competition from online retailers who were extremely quick in introducing new styles and fashions. Though H&M went online in the late 1990s itself, it did not do much to develop its e-commerce capabilities. As a result, the company’s unsold inventory swelled to 20% of its total sales. H&M resorted to markdowns, which adversely impacted its profits. The inventory problem-plagued it for seven quarters, and the company appeared to be caught in a vicious circle of low sales, markdowns, and excess inventory. To address these issues, the company went in for an overhaul of its supply chain. But the new supply chain led to more problems as the merchandise could not reach the stores on time. It again went in for a change of the supply chain and also the design process to include analytics to understand demand. It also automated the warehouses and logistics centres. The company announced investments in artificial intelligence, RFID, and omnichannel programs. H&M then announced a transformation that was guided by three action areas – be restless around the core; invest in enablers – new technology and ways of working, and drive growth – both traditional and new. It remained to be seen whether the supply chain transformation would help the company regain the glory it had lost. Source: Hennes & Mauritz (H&M): High Cost of Fast Fashion - The Case Centre Answer ALL the questions in this section.
Question 1
Integration, operations, purchasing, and distribution are the four primary components of supply chain management. Each of these pillars is reliant on the others to provide a smooth transition from plan to completion at the lowest possible cost. Outline each of the four aspects and illustrate your answer with examples from the text.
Question 2
Foreign vendors are added to a company's supply chain for a variety of reasons. However, the fundamental motivation for utilising an international provider is because that source is thought to offer better value than a domestic supplier. Explain ANY FOUR (4) reasons for global sourcing and make reference to the case study.
Question 3
Discuss the various forms of inventory costs and use examples from the article to illustrate your point.
Question 4
Identify and describe ANY FOUR (4) external factors to direct distribution while making reference to the article to support your answer.
Question 5
The key processes and methods for integrating and managing process links among supply chain partners will vary depending on each firm's internal structure, market conditions, the degree to which functional silos exist in any trading partners, and the nature of existing relationships within each supply chain. Discuss ANY FOUR (4) important supply chain processes and provide examples from the case study.
The four significant supply chain processes and examples from the case study are as follows:
1. Demand planning process: It involves a collaborative effort between the manufacturer and the distributor. The manufacturer would share their forecast of the demand with the distributor, who, in turn, would adjust the forecast based on their inventory level and sales trend. The case study notes that Hubspot and Dyn specialize in customer relationship management and sales management, respectively. They partnered to integrate their customer and sales data to better forecast demand.
2. Order fulfilment process: It involves the receipt and delivery of goods to the end consumer. The case study cites how Uber, the ride-hailing giant, leverages its mobile application and location-based data to optimally match drivers with riders, resulting in a swift and efficient delivery process.
3. Inventory management process: It includes keeping track of the inventory level and replenishing stock in time. The case study reveals how Amazon, through its Amazon Prime program, revolutionized the delivery speed by leveraging their vast network of distribution centres and utilizing predictive analytics to stock inventory closer to the customer.
4. Transportation process: It includes the physical movement of goods between suppliers, manufacturers, and end consumers. The case study highlights how Walmart integrated its supply chain process with its own private truck fleet to minimize the lead time and cost of transportation, ensuring a speedy delivery of goods.
In conclusion, supply chain processes play an integral part in the overall success of an organization. The effective integration and management of these processes can lead to increased efficiency, reduced costs, and enhanced customer satisfaction.
know more about supply chain processes here,
https://brainly.com/question/32571024
#SPJ11
End of Chapter: Completing the Accounting Cycle ос E4-17 Classifying balance sheet accounts For each account listed, identify the category that it would appear on a classified balance sheet. Use the following categories: Current Assets; Long-term Investments; Property, Plant, and Equipment; Intangible Assets; Current Liabilities; Long-term Liabilities; and Owner's Equity. If the item does not belong on the classified balance sheet, put an X. a. Land (used in operations) b. Accumulated Depreciation-Equipment c. Reed, Capital d. Service Revenue e. Investment in Starbucks Corporation (to be held long-term) f. Accounts Receivable g. Equipment h. Buildings i. Notes Payable (due in 10 years) j. Unearned Revenue k. Cash 1. Accounts Payable m. Prepaid Rent n. Reed, Withdrawals o. Land (held for investment purposes) p. Depreciation Expense
"Depreciation Expense" is an expense account and is reported on the income statement, not on the balance sheet.
Here is the classification of each account on a classified balance sheet:
a. Land (used in operations) - Property, Plant, and Equipment
b. Accumulated Depreciation-Equipment - Property, Plant, and Equipment
c. Reed, Capital - Owner's Equity
d. Service Revenue - Owner's Equity
e. Investment in Starbucks Corporation (to be held long-term) - Long-term Investments
f. Accounts Receivable - Current Assets
g. Equipment - Property, Plant, and Equipment
h. Buildings - Property, Plant, and Equipment
i. Notes Payable (due in 10 years) - Long-term Liabilities
j. Unearned Revenue - Current Liabilities
k. Cash - Current Assets
l. Accounts Payable - Current Liabilities
m. Prepaid Rent - Current Assets
n. Reed, Withdrawals - Owner's Equity
o. Land (held for investment purposes) - Long-term Investments
p. Depreciation Expense - Not shown on the balance sheet (Income Statement)
Please note that "Depreciation Expense" is an expense account and is reported on the income statement, not on the balance sheet.
To know more about Balance Sheet related question visit:
https://brainly.com/question/28446946
#SPJ11
Using the spot and outright forward quotes in the table below, determine the corresponding bid-ask spreads in points. Spot One-Month Three-Month. Six-Month Spot One-Month Three-Month Six-Month 1.3529 1.3548 1.3544 1.3568 1.3560 1.3590 1.3600 1.3640 Bid-ask Spreads in Points
The bid-ask spreads in points are 19, 16, 22, and 40 for Spot, One-Month, Three-Month, and Six-Month rates, respectively.
To determine the bid-ask spreads in points, we need to calculate the difference between the bid and ask prices for each currency pair and time period. Let's go through the calculations:
For the Spot rate:
Bid price = 1.3529
Ask price = 1.3548
Bid-ask spread = Ask price - Bid price
= 1.3548 - 1.3529
= 0.0019 or 19 points
For the One-Month rate:
Bid price = 1.3544
Ask price = 1.3560
Bid-ask spread = Ask price - Bid price
= 1.3560 - 1.3544
= 0.0016 or 16 points
For the Three-Month rate:
Bid price = 1.3568
Ask price = 1.3590
Bid-ask spread = Ask price - Bid price
= 1.3590 - 1.3568
= 0.0022 or 22 points
For the Six-Month rate:
Bid price = 1.3600
Ask price = 1.3640
Bid-ask spread = Ask price - Bid price
= 1.3640 - 1.3600
= 0.0040 or 40 points
Therefore, the bid-ask spreads in points for the Spot, One-Month, Three-Month, and Six-Month rates are 19, 16, 22, and 40 points, respectively.
Learn more about Currency spreads
brainly.com/question/30501011
#SPJ11
