Answer:
A feasibility study is aimed primarily at
DeAndre loves sales because he responds well to the pressure he faces in the many
new or uncertain situations he encounters as a salesperson. Because DeAndre has an
analytical decision-making style, he probably.
Deandre probably has a high tolerance for ambiguity. But he struggles to make quick decisions
What is the analytical decision-making styleAn analytical decision-making style is a way of making decisions based on data and analysis. People with this style of decision-making tend to rely on information and logic to guide their choices.
They often enjoy breaking down complex problems into smaller pieces and using data to evaluate the pros and cons of different options. They may also enjoy conducting research and gathering information to support their decisions.
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what is fire insurance? explain the importance of insurance for business.
Fire insurance policies provide payment/reimbursement for the loss of use of the property as a result of a fire. This includes any accidental fires.
Insurances are of importance to a business as they help aid in covering any property damages and liability claims. Without insurance, the business is responsible for any damages and has to pay out-of-pocket for everything needed, which are quite costly.
How do firms decide how many skilled laborers, unskilled laborers, machines, and other factors of production to employ?
Firms decide how many skilled laborers, unskilled laborers, machines, and other factors of production to employ based on a variety of factors, including market demand, production goals, and cost considerations.
First, firms must evaluate the demand for their product or service in the market. Based on this demand, they can determine how much they need to produce and therefore, how much labor and capital (i.e. machines) will be required to produce that amount.
Next, firms must determine the most cost-effective combination of labor and capital to produce their output. This involves considering the relative cost of hiring skilled and unskilled laborers, as well as the cost of investing in new machines and other capital equipment.
Firms may also consider the availability of skilled workers in their local labor market, the level of training required for the job, and the potential for automation or other technological advancements to improve efficiency and reduce labor costs.
Ultimately, the decision of how many skilled laborers, unskilled laborers, machines, and other factors of production to employ will be based on a complex balancing act between these various factors, as well as the firm's overall goals and objectives.
~~~Harsha~~~
When investing money to grow your wealth you need to:
A. make only safe, low-risk investment choices.
B. follow the advice you get online.
C. weigh the risks of an investment against the potential return.
D. make only high-risk investment choices.
Answer:D. make only high-risk investment choices.
Explanation:
iv had dis class b4
How is the wage rate determined through the forces of demand and supply of labor?
Case: A manufacturing company was experiencing a high rate of defects in their production process, resulting in increased costs and decreased customer satisfaction
A manufacturing company was experiencing a high rate of defects in their production process, resulting in increased costs and decreased customer satisfaction and various steps can be taken to address this problem.
Multiple actions can be taken by a manufacturing company to address the problem of a high rate of defects in their production process. By looking at production records, performing quality control and speaking with employees, they should be able to determine what caused the defects in the first place.
A strategy for resolving the issue should be created once the root cause has been located. The production process may need to be altered, new technology or equipment may need to be purchased or employee training may need to be improved. In order to assess the plan's success in lowering the rate of defects, it should be put into action and monitored.
Continuous improvement should be a priority for the business and this can be done by conducting regular audits, getting input from staff and customers and investing in development. These actions will enable the manufacturing company to lower costs and boost customer satisfaction.
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A binomial distribution has 100 trials (n = 100) with a probability of success of 0.25 (p=0.25). We would like to find the probability of 34 or more successes using the normal distribution to approximate the binomial. Applying the continuity correction factor, what z-score should be used?
a.
2.194
b.
2.079
c.
0.25
d.
1.963
Answer:
Explanation:
La distribution binomiale peut être approximée par la distribution normale lorsqu’elle satisfait aux conditions suivantes :
n est suffisamment grand (n ≥ 30)
p est proche de 0,5 (0,1 ≤ p ≤ 0,9)
Dans ce cas, n = 100 et p = 0,25, donc la condition n’est pas totalement satisfaite mais on peut tout de même utiliser l’approximation normale en utilisant le fact
Le facteur de correction de continuité est utilisé pour corriger les limites d’une distribution discrète lorsqu’elle est approximée par une distribution continue. Pour trouver le z-score à utiliser pour la distribution normale, on applique la formule suivante :
z = (x - np - 0,5) / √(np(1-p))
où x est le nombre de succès recherché (34 dans ce cas), n est le nombre d’essais, et p est la probabilité de succès.
Donc, pour ce problème :
x = 34
n = 100
p = 0,25
En appliquant la formule ci-dessus, nous avons :
z = (34 - 100 * 0,25 - 0,5) / √(100 * 0,25 * 0,75)
z = 0,944
Le z-score à utiliser est donc proche de 0,944. Cependant, comme nous avons appliqué le facteur de correction de continuité, nous devons ajouter 0,5 à la valeur de x pour corriger les limites de la distribution discrète. Ainsi, le nombre de succès à considérer devient 34,5.
En utilisant une table normale standard, nous trouvons que la probabilité correspondante est P(Z > 0,944) = 1 - P(Z < 0,944) = 1 - 0,8289 = 0,1711.
Par conséquent, la réponse est que nous devons utiliser un z-score d’environ 0,944 pour approximer la distribution binomiale, avec une réponse approchée de 0,1711 pour la probabilité de 34 succès ou plus. Aucune des options proposées ne correspond à cette réponse.
The correct z-score that should be used is option
A. 2.194
How did we arrive at this value?Given that the mean of a binomial distribution is μ = np = 100 * 0.25 = 25, and the standard deviation is by σ = √(np(1-p)) = √(100 * 0.25 * 0.75) = 4.3301.
To use the normal distribution to approximate the binomial, apply the continuity correction factor, which requires that one adds or subtracts 0.5 from the number of successes interested in, in this case, 34.
Then, find the probability of getting 34.5 or more successes in a normal distribution with mean 25 and standard deviation 4.3301.
Find the z-score for 34.5 by using the formula z = (x - μ) / σ, where x is the number of successes interested in. Substituting the values, you get:
z = (34.5 - 25) / 4.3301 = 2.194
Therefore, the correct answer is (a) 2.194.
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A researcher has determined that a two-factor model is appropriate to determine the return on a stock. The factors are the percentage change in GNP and an interest rate. GNP is expected to grow by 3.5 percent and the interest rate is expected to. be 2.9 percent. A stock has a beta of 1.3 on the percentage change in GNP and a beta. of .47 on the interest rate. If the expected rate of return on the stock is 10.2 percent, what is the revised expected return on the stock if GNP actually grows by 3.2 percent and the interest rate is 2.7 percent?
The revised expected return on the stock is 9.21%.
To calculate the revised expected return on the stock, we need to first calculate the expected return based on the given factors, and then adjust it for the actual values of the factors.
Using the two-factor model, the expected return on the stock can be calculated as
Expected return = risk-free rate + beta GNP × (expected GNP growth) + beta Interest Rate × (expected interest rate)
Given the data in the question, we have
risk-free rate = 2.9%
betaGNP = 1.3
expected GNP growth = 3.5%
beta Interest Rate = 0.47
expected interest rate = 2.9%
Substituting these values into the formula, we get
Expected return = 2.9% + 1.3×(3.5%) + 0.47×(2.9%) = 9.69%
So the expected return on the stock based on the given factors is 9.69%.
To adjust this for the actual values of the factors, we need to calculate the contribution of each factor to the overall return, and then adjust it based on the actual values.
Contribution of GNP factor = betaGNP×(actual GNP growth - expected GNP growth)
Contribution of interest rate factor = betaInterestRate×(actual interest rate - expected interest rate)
Substituting the actual values of the factors, we get
Contribution of GNP factor = 1.3×(3.2% - 3.5%) = -0.39%
Contribution of interest rate factor = 0.47×(2.7% - 2.9%) = -0.09%
So the total adjustment to the expected return is -0.39% - 0.09% = -0.48%.
Therefore, the revised expected return on the stock is
Revised expected return = Expected return + Total adjustment
= 9.69% - 0.48% = 9.21%
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By maintaining product relevance to the customer experience through constantly improving its products and services, Capitec is adopting a corporate growth strategy known as
By maintaining product relevance to the customer experience through constantly improving its products and services, Capitec is adopting a corporate growth strategy known as innovation.
What is innovation?
Innovation can be described as the process which involves the releasing or giving out of new thing into the market or the society which is different from things that have been done before.
It should be noted that this could be the things that is been modified from the existing things in the society and thye innovator is usually give alot of repect base on the thing they innovate in the society or company.
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(0)
In an assault case, it is irrelevant:
1 whether there is any reasonable apprehension of imminent battery.
2 whether there is any intent or not.
3 whether the threatened contact actually occurs.
4 whether there is an apprehension of harmful contact.
In an assault case, it is irrelevant whether the threatened contact actually occurs. (3)
What matters is the reasonable apprehension of imminent battery, the intent, and the apprehension of harmful contact.
An assault occurs when a person intentionally causes another to reasonably apprehend imminent harmful or offensive contact. The focus is on the victim's apprehension rather than the actual contact.
For an assault, there must be a reasonable apprehension of imminent battery (option 1), which means the victim must believe they are about to be harmed. Intent (option 2) is also crucial, as the accused must have intended to cause the apprehension of harm.
Lastly, there should be an apprehension of harmful contact (option 4), which means the victim must be aware of the threat. If these elements are present, an assault can occur even without the threatened contact actually taking place (option 3).
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A new project will cost $80,000 initially and will last for 7 years, at which time its salvage value will be $2,500. Annual revenues are anticipated to be $15,000 per year. The initial cost is believed to be accurate, but the estimates of annual revenue and salvage value are subject to error.
For a MARR of 12 percent/year, what values in the equation below relates Revenue (X) and Salvage (Y) for the project to be feasible using an annual worth analysis.
------- + ------ X<=Y
Also, plot a two-factor sensitivity graph (critical to be shown in Excel submission). Include a line that separates the favorable and unfavorable regions as well as a box showing the 15 percent error region.
Explanation:
The equation relating Revenue (X) and Salvage (Y) for the project to be feasible using an annual worth analysis is:
X + (Y - $2,500)/[(1 + 0.12)^7] >= $80,000
This equation shows that the present value of the annual revenues (X) and salvage value (Y) must be greater than or equal to the initial cost of the project ($80,000), taking into account the time value of money with a MARR of 12 percent/year and the salvage value at the end of the project.
To plot a two-factor sensitivity graph, we can use Excel to calculate the present value of the annual revenues and salvage value for different combinations of X and Y. We can then create a table or matrix of the present values and use conditional formatting to color code the cells based on whether the project is favorable (green) or unfavorable (red). The dividing line between the favorable and unfavorable regions corresponds to the equation above, while the 15 percent error region corresponds to a range of values for X and Y that are 15 percent above or below the estimated values.
The sensitivity graph shows how the feasibility of the project varies with changes in the estimates of annual revenue and salvage value. By exploring different scenarios, we can identify the range of revenue and salvage values that are most critical for the project's success and assess the level of uncertainty associated with these estimates. This analysis can inform decision-making and help stakeholders to understand the risks and opportunities associated with the project.
Hi gautamshubhi98, it is my pleasure to assist you in answering this question in-depth step by step today.
Okay, to determine the values that relate Revenue (X) and Salvage (Y) for the project to be feasible, we can use the annual worth analysis equation:
AW = P(A/P, i, n) - X(A/F, i, n) - Y
Where:
P = initial cost = $80,000
A = annual revenue = $15,000
X = revenue factor
Y = salvage value factor
i = MARR = 12% per year
n = project life = 7 years
Substituting the values into the equation, we get:
AW = 80,000(A/P, 12%, 7) - X(A/F, 12%, 7) - Y
To find the values of X and Y, we need to set the equation equal to zero (since the project is feasible when the annual worth is zero):
0 = 80,000(A/P, 12%, 7) - X(A/F, 12%, 7) - Y
Solving for X, we get:
X = 80,000(A/P, 12%, 7) - Y / (A/F, 12%, 7)
Substituting the values into the equation, we get:
X = 12,879.77 - 1,289.55Y
Therefore, the values that relate Revenue (X) and Salvage (Y) for the project to be feasible are:
X <= 12,879.77 - 1,289.55Y
To create a two-factor sensitivity graph, we can plot Revenue (X) on the y-axis and Salvage (Y) on the x-axis. The equation X = 12,879.77 - 1,289.55Y represents the boundary between the favorable and unfavorable regions. The 15% error region can be represented by a box centered at the point (2,500, 15,000) with a width of 2,500 and a height of 3,750 (15,000 x 0.15 = 2,250, which we round up to 2,500 for simplicity).
Q1. A.S.K makes two products, the JUICE and the MALTINA Unit variable costs are as follows. MALTINA $ 4 8 1 13 Direct materials Direct labour ($4 per hour) Variable overhead Total JUICE $ 3 12 1 16 The sales price per unit is $25per juice and $18per maltina. During August the available direct labour is limited to 40,000 hours available. Sales demand in August is expected to be as follows. Juice Maltina Required: (a)Determine the production budget that will maximize profit, assuming that fixed costs per month are $22,000 and that there is no opening inventory of finished goods or work in progress. b) Determine the break-even point in Units and in sales for each product using the fixed cost of Le 220,000 and Le 400,000 for juice and maltina respectively. 10,000 units 8,000 units
The production budget that will maximize profit -$8.
The break-even point in Units and in sales for each product using the fixed cost of $2,444.
The profit margin for Juice is $25 - ($3 + $12 + $1) = $9 per unit. The contribution margin for Maltina is $18 - ($4 + $8 + $1 + $13) = -$8/unit. As a result, we should solely generate juice. Juice's overall contribution margin is $9 multiplied by 10,000 units, or $90,000.
Fixed costs minus Contribution margin per unit equals the break-even point (in units).
The break-even point for Juice is calculated as $22,000 / $9, or 2,444 units. Sales must reach $22,000 / (25 - 3 - 12 - 1), or $22,000 / $9, or $2,444 to break even.
No break-even point exists.
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Strict liability offenses:
1 impose liability on a defendant for the act of third parties.
2 dispense with the requirement of proof of any criminal intent on the part of the defendant.
3 are so classified because the punishments imposed on violators are especially harsh in comparison to the punishments for other criminal offenses.
4 require proof of some form of mens rea.
Strict liability offenses dispense with the requirement of proof of any criminal intent on the part of the defendant. The correct answer is option 2.
In these cases, it is not necessary to demonstrate men's rea or a guilty mind. Instead, the mere act of committing the offense is sufficient to impose liability, regardless of the defendant's intent or awareness.
Strict liability offenses dispense with the requirement of proof of any criminal intent on the part of the defendant. This means that the defendant can be held liable for committing the offense even if they did not intend to do so. However, it is important to note that strict liability offenses do not impose liability on a defendant for the actions of third parties and require some form of men's rea.
Additionally, while punishments for strict liability offenses may be harsh, this is not the reason for their classification as such.
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Question 1 of 10
When journalizing an entry into the petty cash journal, what information
should be included?
A. voucher number, amount of petty cash on hand, and date
B. just the amount of petty cash on hand and total dollar amount
C. voucher number, date, type of expense, and total dollar amount
OD. just the voucher number and the total dollar amount
When journalizing an entry into the petty cash journal, the following information should be included: C. Voucher number, date, type of expense, and total dollar amount.
What information should be included in the journal entry?The voucher number, a specific identification for the transaction, must be included when making an entry in the petty cash journal.
Additionally, the transaction's date, its nature, and its total dollar amount need to be noted. This data is required for maintaining correct records and monitoring the petty cash fund's usage.
Therefore the correct option is C.
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Use Excel sheet and show the formulas:
The TL Corporation currently has no debt outstanding. Josh Culberson, the CFO, is considering
restructuring the company by issuing debt and using the proceeds to repurchase outstanding equity. The
company's assets are worth $40 million, the stock price is $25 per share, and there are 1,600,000 shares
outstanding. In the expected state of the economy, EBIT is expected to be $3 million. If there is a
recession, EBIT would fall to $1.8 million and in an expansion EBIT would increase to $4.3 million.
If the company issues debt, it will issue a combination of short-term debt and long-term debt. The ratio
of short-term debt to long-term debt will be .20. The short-term debt will have an interest rate of 3
percent and the long-term debt will have an interest rate of 8 percent.
1-In your worksheet, fill in the values in each table (current and proposed capital structure).
2-Graph the EBIT and EPS for the TL Corporation on the same graph using a line graph.
3-What is the breakeven EBIT between the current capital structure and the new capital structure?
The breakeven EBIT is given as $25 million
What is a break-even?In economics, business, and particularly cost accounting, the break-even point is the point at which total cost and total income are equal, or "even." Although opportunity costs have been paid and capital has received the risk-adjusted, projected return, there is no net loss or gain, and one has "broken even."
Hence, it can be seen that with the data that the company's assets are worth $40 million, the stock price is $25 per share, and there are 1,600,000 shares outstanding, the breakeven are given in the image below.
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Alberto is writing instructions for using a forklift in a warehouse. Place the steps in the correct sequence for the forklift operator to follow.
Drive the truck forward.
Avoid overloading the fork.
Lift the load.
Move the truck backward.
Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. However, investors expect Computech to begin paying dividends, beginning with a dividend of $2.00 coming 3 years from today. The dividend should grow rapidly—at a rate of 35% per year—during Years 4 and 5, but after Year 5, growth should be a constant 10% per year. If the required return on Computech is 13%, what is the value of the stock today? Do not round intermediate calculations. Round your answer to the nearest cent.
The value of the stock today $77.612
How to solve for the value of stockFirst, we need to find the dividends for each year:
Year 3: Dividend = $2.00
Year 4: Dividend = $2.00 * (1 + 0.35) = $2.70
Year 5: Dividend = $2.70 * (1 + 0.35) = $3.645
Value at Year 5 = D6 / (r - g) = D6 / (0.13 - 0.10)
D6 = Year 5 dividend * (1 + 0.10) = $3.645 * 1.10 = $4.0095
Value at Year 5 = $4.0095 / (0.13 - 0.10) = $4.0095 / 0.03 = $133.65
PV (Year 3) = $2.00 / (1 + 0.13)^3 = $2.00 / 1.441637 = $1.387
PV (Year 4) = $2.70 / (1 + 0.13)^4 = $2.70 / 1.629089 = $1.657
PV (Year 5) = ($3.645 + $133.65) / (1 + 0.13)^5 = $137.295 / 1.841292 = $74.568
Value of stock = PV (Year 3) + PV (Year 4) + PV (Year 5) = $1.387 + $1.657 + $74.568 = $77.612
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1. Mantap Berhad had decided to construct a new building for its administrative and finance divisions. It plans to continue to use the old building until the new building is completed. The company has advertised the sale of the old building and indicated to prospective buyers that the company will still use the building until the construction of the new building is completed.
Required: In accordance with the requirements of MFRS 5 Non-current Assets Held for sale and Discontinued Operations.
a) Can the company classify the old building as held for sale?
b) Explain the measurement of the old building if it could be classified as "held for sale.
Mantap Berhad cannot classify the old building as held for sale because it plans to continue using it until the new building is completed. Therefore, the measurement of the old building is not applicable.
What does ownership have to do with how businesses are categorised?There are two primary types of businesses: private firms and public enterprises. Closely owned corporations with less than 200 shareholders are referred to as private firms or private limited companies.
What resources does the company hold for long-term use?A company's real estate, machinery, and other fixed assets, as well as other assets like long-term investments, patents, copyright, franchises, goodwill, trademarks and trade names, as well as software, can all be classified as long-term assets, often known as non-current assets.
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After analyzing his business venture Jim chopped out a business plan which included maintaining a high-liquity to cover any cash crunch at a future date he also insured his inventory to cover all losses that could arise due to theft and damage being stored in my house how would you classify his plan Jim's business policy could be classified as a blank plan
Jim's business policy could be classified as a risk management plan.
By maintaining high liquidity, Jim is taking measures to manage the risk of a potential cash crunch in the future. This involves ensuring that he has enough cash on hand to meet his financial obligations and cover any unforeseen expenses that may arise.
Insuring his inventory is another risk management strategy that Jim is implementing to mitigate the potential losses that could arise due to theft or damage. By doing so, he is transferring the risk of potential loss to the insurance company, thus reducing his own exposure to financial risk.
Overall, Jim's business policy is focused on identifying and managing potential risks in order to protect his business from financial losses. This aligns with the principles of risk management, which involves identifying potential risks, assessing their impact, and implementing strategies to minimize their potential impact.
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Which of the following would most likely be the target audience for a product
advertised in the sports section of the newspaper?
O A. Adults over the age of 90
OB. Females over the age of 60
O C. Children between the ages of 3 and 10
OD. Males between the ages of 17 and 60
SUBMIT
Answer: D. Males between the ages of 17 and 60
Explanation:
If one party threatens to commit battery on another individualimmediately, what may that party be liable for?1 false imprisonment2 fraud3 breach of tort4 assault
If one party threatens to commit battery on another individual immediately, that party may be liable for assault. So, option 4 is correct.
Assault is a tort that occurs when one person intentionally causes another person to fear that they will be physically harmed. In this scenario, the party threatening to commit battery is putting the other individual in the apprehension of imminent physical harm, which constitutes assault.
To establish liability for assault, the following elements must be proven:
1. Intent: The party must have intended to cause apprehension of imminent harmful or offensive contact.
2. Apprehension: The threatened individual must have a reasonable belief that they will be subjected to harmful or offensive contact.
3. Imminence: The threat of harmful or offensive contact must be imminent, meaning it is about to occur without any significant delay.
It is important to note that assault does not require actual physical contact; the mere threat or act of putting someone in fear of physical harm is sufficient. In this case, false imprisonment, fraud, and breach of tort are not relevant to the situation, as they involve different legal concepts and elements.
So, option 4 is correct.
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According to Hobson et al. (2006) the most common path to bullying is through
Group of answer choices
job insecurity and organizational chaos
hierarchy and secrets
organizational culture and ethics
Answer:
According to Hobson et al. (2006), the most common path to bullying is through hierarchy and secrets
Case is about Can Uber Be the Uber of Everything?
How have social technologies changed e-commerce?
The new social technologies have changed the platform of e-commerce like Uber by enabling a greater connectivity and convenience for users.
How have social technologies impacted e-commerce platforms like Uber?Social technologies have helped creation of business models which relies on peer-to-peer interactions such as the sharing economy. These models utilizes platform such as social media and other digital platforms to connect buyers and sellers which creates a more personalized and efficient user experience.
For example, Uber uses social technologies to connect drivers with passengers which allows for real-time updates and communication between parties. Additionally, the social media has become a powerful tool for marketing and customer engagement which allows companies like Uber to reach new audiences and build brand loyalty through targeted advertising and social campaigns.
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discuss the challenges that managers encounter in working with diverse populations
Explanation:
Managers face several challenges when working with diverse populations. These challenges can stem from cultural, social, and economic differences. Some of the common challenges managers encounter when working with diverse populations are discussed below:
1. Communication barriers: One of the biggest challenges managers face is communication barriers due to language differences, accents, or cultural norms. Managers must be able to communicate effectively with people from different backgrounds and adjust their communication style accordingly.
2. Stereotyping and bias: Managers must be careful to avoid stereotyping or bias towards individuals from different backgrounds. Stereotyping can lead to incorrect assumptions about an individual's skills, abilities, or motivations, which can affect their work performance and morale.
3. Different work styles: Diverse populations may have different work styles, preferences, and expectations. Managers must be flexible in accommodating different work styles to promote productivity and collaboration among team members.
4. Conflict resolution: Conflicts can arise when people from diverse backgrounds work together. Managers must be skilled in conflict resolution to maintain a positive and productive work environment.
5. Lack of cultural awareness: Managers must be aware of cultural differences and be sensitive to cultural norms and customs. A lack of cultural awareness can lead to misunderstandings, conflict, and miscommunication.
6. Different levels of experience and education: Diverse populations may have different levels of experience and education, which can affect their work performance and career development. Managers must be able to identify and address skill gaps and provide opportunities for professional development.
7. Inclusive leadership: Managers must practice inclusive leadership by creating an environment where everyone feels valued, respected, and included. This involves promoting diversity, equity, and inclusion in all aspects of the organization's policies and practices.
In summary, managers face several challenges when working with diverse populations. Effective communication, cultural awareness, conflict resolution, and inclusive leadership are some of the key skills and strategies that can help managers overcome these challenges and promote a positive and productive work environment.
Lecture Questions
Question 1
The Baker Company manufactures a product in a single process. The following information is
available:
Input material 5,000 kilos valued at $18,000
Material added $4,000
Direct labour cost incurred $14,000
Manufacturing overhead incurred $20,500
Normal losses 10% of input
Scrap value of losses $5.00 per unit
Units completed and transferred out 4,300 units
i) Calculate the cost per completed unit
ii) What is the value of the units completed and transferred to finished goods?
iii) What is the value of the unexpected losses?
iv) What is the manufacturer’s true loss?
v) Prepare the journal entries necessary to record the assignment of direct materials and
direct labour and the allocation of manufacturing overhead to the process. Also, give
the journal entries for the transfer of units completed to Finished Goods Inventory.
The following are the questions' answers:
$12.56 is the price per finished product.$54,008 is the total cost of finished and transferred units.Losses at scrap value equal $1,000.The real loss to the manufacturer is $5,280.What precisely are anticipated and unanticipated losses?The amount a bank anticipates losing when offering credit to its customers on average over a predetermined time period is known as the expected loss. Unexpected loss is the term used to describe how unpredictable credit losses are in comparison to their forecasted loss. After estimating its expected loss, a bank sets up credit reserves.
i) Calculate the cost per completed unit:
To calculate the cost per finished unit, we must first calculate the total cost of production and divide it by the number of finished units.
Total cost of production = Input material cost + Material added + Direct labour cost + manufacturing costs
= $18,000 + $4,000 + $14,000 + $20,500
= $56,500
Normal loss = 10% of input = 0.10 * 5,000 kilos = 500 kilos
Actual completed units = Total input units - Normal loss units = 5,000 - 500 = 4,500 kilos
Cost per completed unit = Total production expense / actual finished products
= $56,500 / 4,500
= $12.56
ii)
Value of finished and transferred units = Total number of finished and transferred units X Price per finished item
= 4,300 * $12.56
= $54,008
iii)
Given that the real number of finished units is 4,500 and the typical loss is 10% of input, the actual loss is 200 kg. (5,000 input units - 4,300 completed and transferred out - 500 normal loss units).
Scrap value of losses = 200 units X $5.00 per unit
= $1,000
iv)
real loss to the manufacturer = (Normal losses X Cost per completed (unit)) - Scrap value of unexpected losses
= (500 units * $12.56) - $1,000
= $6,280 - $1,000
= $5,280
v)
Choosing a direct material:
Work in Process Inventory- (dr.) $22,000
Raw Materials Inventory $22,000
Providing direct labor:
Work in Process Inventory- (dr.) $14,000
Wages Payable $14,000
Cost of manufacturing overhead distribution:
Work in Process Inventory- (dr.) $20,500
Manufacturing Overhead $20,500
Transfer of finished units to the Inventory of Finished Goods:
Finished Goods Inventory- (dr.) $54,008
Work in Process Inventory $54,008
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what is the definition of interpersonal communication?
Answer:
Interpersonal communication is the exchange of information, ideas, and emotions through verbal or nonverbal means between two or more individuals. In-person communication usually involves the reception of body language, facial expressions, and gestures, as well as auditory and visual cues.
classify the stakeholders which have contributed towards McDonald's success.
Explanation:
There are different type of stakeholders for McDonalds.
Internal stakeholders, which are people who work inside mcdonalds.
Employees/staff, they serve customers, make their food and they produce profit for McDonalds.
IT team, McDonald's uses technology and occasionally technology can fail, so IT team will be able to fix issues with self-checkout and computers.
Manager, McDonald's manager makes sure everything runs smoothly, they find coverage for sick staff and they assist employees when needed
External stakeholders, they are people that work outside of McDonald's.
Suppliers, they supply everything McDonald's needs from food, straws...etc
Farmers, McDonald's work with a lot of farmers for vegetable products and meat products
According to generally accepted accounting principles, when communicating financial information, a full set of financial statements
O include footnotes but only disclosing earnings per share and depreciation methods
O must include footnote disclosures communicating to the reader how all numbers were computed
O never includes footnotes; the financial statements stand on their own
O include footnote disclosures subject to cost-benefit
When communicating financial information, a full set of financial statements must include footnote disclosures communicating to the reader how all numbers were computed. Hence, option B is correct.
Financial statements are documents that describe a company's operations and financial performance. Government organizations, accounting companies, etc. frequently audit financial statements to guarantee accuracy and for tax, financing, or investing purposes.
Financial statements that must be provided are the income statement, balance sheet, and statement of cash flows. These three statements can be used by traders as educational tools to assess a company's financial health and to quickly determine its underlying value.
Thus, option B is correct.
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Assume Country Cinderella is having a fractional banking system. The First National Bank acquires $600,000 in new deposits and initially uses part of this to make new loans of $400,000. The T-account of First National Bank, showing changes in its assets and liabilities, is as follows: Assets Change in Reserves $200,000 Change in Loans $400,000 Liabilities Change in Deposits $600,000 a) Assume that the Central Bank of Country Cinderella asks its banks to hold 10% of deposits as reserves. How much excess reserves does First National Bank hold?
b) Assume that all other banks hold only the required amount of reserves and that the public holds no cash. If First National Bank decides to reduce its reserves to only the required amount, by how much will the economy's money supply increase?
The current reserves stand at $200,000 thus resulting in surplus reserves of $140,000 ($200,000 - $60,000).
How to solvea) Taking into account the 10% reserve requirement, First National Bank's mandatory reserves total $60,000 ($600,000 x 10%).
The current reserves stand at $200,000 thus resulting in surplus reserves of $140,000 ($200,000 - $60,000).
b) Owing to the 10% reserve requirement, the money multiplier is calculated as 10 (1 / 0.1).
If the bank reduces its holdings down to the obligatory sum, the economy's money supply will hike by a stunning $1,400,000 ($140,000 x 10).
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K 8 A bank holds $10 for every $100 in deposits. The bank wants to hold $7 for every $100 in deposits. The bank holds desired reserves of $14,000 and actual reserves of $29,000. What is the actual reserve ratio, the desired reserve ratio, and the excess reserves? >>> Answer to 2 decimal places.
The actual reserve ratio is 10%, the desired reserve ratio is 4.8%, and the excess reserves are $15,000.
How did we get the values?In order to determine the excess reserves, we first determine the deposits. The bank currently holds $29,000 in reserves, and that this represents $10 for every $100 in deposits. Therefore:
$10 / $100 = $29,000 / x
Solving for x, we get:
x = ($29,000 * $100) / $10 = $290,000
So the bank has $290,000 in deposits.
Calculate the actual and desired reserve ratios:
Actual reserve ratio = $29,000 / $290,000 = 0.10 or 10%
Desired reserve ratio = $14,000 / $290,000 = 0.048 or 4.8%
Finally, calculate the excess reserves:
Excess reserves = actual reserves - desired reserves = $29,000 - $14,000 = $15,000
Therefore, the actual reserve ratio is 10%, the desired reserve ratio is 4.8%, and the excess reserves are $15,000.
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