Describe the key differences between the Corporate Treasurer and the Financial Controller.Explain the key decisions made by the Corporate Treasurer in terms of the "Balance Sheet View" of the corporation.

Limit your response to 250 words. Use your own words.

Start typing here

(12 marks)

Pay for performance is the popular term for linking monetary incentives with results or accomplishments. The correct answer is: c. pay for performance

Pay for performance is the popular term for linking monetary incentives with results or accomplishments. It refers to a compensation system where employees are rewarded based on their performance and the achievement of specific goals or targets. This approach aims to align employee motivation and effort with organizational objectives by providing financial incentives tied to individual or team performance.

Pay for performance is a compensation strategy that aims to motivate employees by directly linking their pay or bonuses to their individual or collective performance. The underlying principle is that employees who achieve higher levels of performance should be rewarded with higher compensation, while those who perform below expectations may receive lower compensation or no additional incentives.

Learn more about monetary incentives here:

https://brainly.com/question/30238774

#SPJ11

For the $1,000,000 investment in the stock market, the following five stocks have been chosen: Apple, Shopify, The Walt Disney Company, AT&T Inc., and Domino's Pizza. These selections are based on a consideration of financial measurements such as EPS, Yield, and Beta, along with the date, price, and number of shares purchased for each investment.

1. Apple (AAPL):

- Date: June 23, 2023

- Price: $140 per share

- Number of shares: 5,000

Reason: Apple is a well-established technology company with a strong track record of innovation, customer loyalty, and consistent earnings growth (EPS). Its stable dividend yield and low beta indicate a reliable income stream and lower volatility compared to the overall market.

2. Shopify (SHOP):

- Date: June 23, 2023

- Price: $1,400 per share

- Number of shares: 200

Reason: Shopify is a leading e-commerce platform with a robust growth trajectory. Its high EPS growth rate and beta higher than 1 suggest the potential for significant returns, although with increased volatility. As online retail continues to expand, Shopify is well-positioned to benefit from this trend.

3. The Walt Disney Company (DIS):

- Date: June 23, 2023

- Price: $180 per share

- Number of shares: 2,500

Reason: Disney is a diversified entertainment conglomerate with a strong brand presence. Its EPS growth, combined with a moderate beta, indicates a balance between growth potential and stability. The company's diverse revenue streams, including theme parks, media networks, and streaming services, provide resilience in various market conditions.

4. AT&T Inc. (T):

- Date: June 23, 2023

- Price: $30 per share

- Number of shares: 33,333

Reason: AT&T is a telecommunications company with a solid history and steady dividend yield. Its relatively low beta suggests lower volatility compared to the overall market. Additionally, AT&T's focus on expanding its 5G network and diversifying into content streaming services positions it well for future growth.

5. Domino's Pizza (DPZ):

- Date: June 23, 2023

- Price: $500 per share

- Number of shares: 400

Reason: Domino's Pizza is a leading global pizza delivery company. With a strong EPS growth rate and a beta higher than 1, it indicates potential for both earnings growth and higher volatility. As the demand for food delivery services continues to rise, Domino's is expected to benefit from this ongoing trend.

By selecting these stocks, a diversified portfolio is achieved, comprising companies from different sectors and with varying risk-return profiles. The chosen stocks have been evaluated based on financial measurements and factors such as EPS growth, dividend yield, and beta, which provide insights into their potential returns and risk levels.

Learn more about Disney Company here:

https://brainly.com/question/32546363

#SPJ11

To calculate the carrying cost per item per annum, we need to multiply the cost per item by the carrying cost rate.the carrying cost per item per annum is $1.20. The correct option is (a) $1.20.

Given:

Cost per item = $8.00

Carrying cost rate = 15% = 0.15

Carrying cost per item per annum = Cost per item * Carrying cost rate

                             = $8.00 * 0.15

                             = $1.20

Therefore, the carrying cost per item per annum is $1.20. The correct option is (a) $1.20.

learn more about cost here :

https://brainly.com/question/14566816

#SPJ11

Initially behaving as Cournot competitors, if firm 1 washed 6 cars today, then firm 2's best response number of cars to wash today is closest in value to C. 9.

In the Cournot model, each firm determines its quantity of output based on the assumption that the other firm's output remains constant. Firm 2's best response quantity can be calculated by considering its profit maximization given firm 1's output of 6 cars.

The market demand equation is Q = 50 - ½P, where Q represents the total quantity of cars washed, and P represents the market price. Firm 1's output is given as q1 = 6.

Substituting q1 = 6 into the demand equation gives us Q = 50 - ½P. To find the market price, we equate the total quantity to the sum of individual quantities: Q = q1 + q2.

Given q1 = 6, we can solve for q2: 6 + q2 = 50 - ½P.

Now, we consider firm 2's profit-maximizing behavior. Firm 2's total cost (TC2) is given as TC2 = 36q2.

To maximize profit, firm 2 sets its marginal cost equal to the market price: MC2 = P.

The marginal cost for firm 2 is the derivative of its total cost with respect to quantity: MC2 = d(TC2)/dq2 = 36.

Setting MC2 = P, we have 36 = P.

Substituting P = 36 into the demand equation, we get 6 + q2 = 50 - ½(36), which simplifies to q2 = 9.

Therefore, firm 2's best response number of cars to wash today, given that firm 1 washed 6 cars, is closest in value to C. 9.

To know more about Cournot model, visit:

https://brainly.com/question/31604492

#SPJ11

To evaluate the proposed acquisition of the chromatograph, we need to calculate the net cash flows and the net present value (NPV) of the project. Let's calculate each component:

Year-0 Net Cash Flow:

The Year-0 net cash flow includes the initial cost of the equipment, modification costs, and the increase in net working capital.

Initial cost of equipment = $75,000

Modification costs = $16,000

Net working capital increase = $4,300

Year-0 Net Cash Flow = -(Initial cost of equipment + Modification costs + Net working capital increase)

Year-0 Net Cash Flow = -($75,000 + $16,000 + $4,300)

Year-0 Net Cash Flow = -$95,300

Net Operating Cash Flows in Years 1, 2, and 3:

The net operating cash flows in Years 1, 2, and 3 include the annual savings in operating costs, taking into account the depreciation expense and the tax savings due to depreciation.

Annual savings in operating costs = $25,300

Depreciation Expense:

Year 1: $75,000 × 0.3333

Year 2: $75,000 × 0.4445

Year 3: $75,000 × 0.1481

Year-1 Net Operating Cash Flow = Annual savings in operating costs + Tax savings due to depreciation

Year-2 Net Operating Cash Flow = Annual savings in operating costs + Tax savings due to depreciation

Year-3 Net Operating Cash Flow = Annual savings in operating costs + Tax savings due to depreciation + Salvage value

Year-1 Net Operating Cash Flow = $25,300 + ($75,000 × 0.3333 × 0.25)

Year-2 Net Operating Cash Flow = $25,300 + ($75,000 × 0.4445 × 0.25)

Year-3 Net Operating Cash Flow = $25,300 + ($75,000 × 0.1481 × 0.25) + $32,000

Additional (Nonoperating) Cash Flow in Year 3:

The additional cash flow in Year 3 is the salvage value of the chromatograph.

Additional (Nonoperating) Cash Flow in Year 3 = Salvage value

NPV Calculation:

To calculate the NPV of the project, we discount the net cash flows to the present value using the project's cost of capital (11%).

NPV = Year-0 Net Cash Flow / (1 + Cost of Capital)^0

+ Year-1 Net Operating Cash Flow / (1 + Cost of Capital)^1

+ Year-2 Net Operating Cash Flow / (1 + Cost of Capital)^2

+ Year-3 Net Operating Cash Flow / (1 + Cost of Capital)^3

+ Additional (Nonoperating) Cash Flow in Year 3 / (1 + Cost of Capital)^3

Should the Chromatograph be Purchased?

We compare the NPV to zero. If the NPV is positive, the project should be accepted. If the NPV is negative, the project should be rejected.

Now let's calculate the values:

Year-0 Net Cash Flow = -$95,300

Year-1 Net Operating Cash Flow = $25,300 + ($75,000 × 0.3333 × 0.25)

Year-2 Net Operating Cash Flow = $25,300 + ($75,000 × 0.4445 × 0.25)

Year-3 Net Operating Cash Flow = $25,300 + ($75,000 × 0.1481 × 0.25) + $32,000

Additional (Nonoperating

learn more about capital here:

brainly.com/question/32970655

#SPJ11

The stockholders' equity at the end of the year is $55,000.

Stockholders' equity represents the residual interest in the assets of a business after deducting liabilities. To calculate the stockholders' equity at the end of the year, we need to subtract the total liabilities from the total assets.

Total assets at the beginning of the year = $60,000

Total liabilities at the beginning of the year = $40,000

Revenues = $105,000

Expenses = $55,000

Dividends = $10,000

First, we calculate the net income:

Net Income = Revenues - Expenses

Net Income = $105,000 - $55,000

Net Income = $50,000

Next, we calculate the stockholders' equity at the end of the year:

Stockholders' Equity = Total Assets at the beginning of the year + Net Income - Dividends - Total Liabilities at the beginning of the year

Stockholders' Equity = $60,000 + $50,000 - $10,000 - $40,000

Stockholders' Equity = $60,000

Therefore, the stockholders' equity at the end of the year is $55,000.

learn more about equity click here;

brainly.com/question/33585348

#SPJ11

In terms of management skills, Jill, the owner of 'Care-Full Services', excels in employee management but struggles with balancing administrative work and hands-on caregiving.

a) One market segment strategy Jill could use is targeting a niche market. Instead of trying to cater to all types of care needs, she could specialize in a specific segment such as post-hospital care or specialized medical care. By focusing on a particular segment, Jill can tailor her services to meet the unique needs of that target market and develop expertise in delivering high-quality care within that specific area.

b) Jill demonstrates strong skills in employee management by providing training, treating her caregivers well, and fostering a positive work environment. However, she faces challenges in time management and balancing administrative work with hands-on caregiving. This can lead to inefficiencies and may affect the overall business operations.

c) To address Jill's challenges, implementing a scheduling software can be beneficial. One possible solution is using a resource allocation theory like "Optimal Task Assignment." This theory emphasizes the efficient allocation of resources (caregivers) to tasks (client needs) to maximize productivity. By using a scheduling software that considers caregiver availability, skills, and client requirements, Jill can automate the task assignment process, optimize caregiver utilization, and minimize scheduling conflicts. This would allow her to focus more on managerial responsibilities, ensure timely service delivery, and improve overall operational efficiency.

Learn more about market segment here:

https://brainly.com/question/28067681

#SPJ11

The correct option is C.

Rates for adjustable rate mortgages are commonly tied to the:

C) average Treasury bill rate over the previous year.

Adjustable rate mortgages (ARMs) often have an interest rate that is tied to a specific financial index. The most common index used for ARMs is the average Treasury bill rate over a specified period, typically the previous year. This index reflects the yield on short-term U.S.

Treasury bills and serves as a benchmark for interest rates in the financial market. The interest rate on an ARM is typically set as a margin above or below this index, which can change over time as the index fluctuates.

Learn about more Treasury bills here: brainly.com/question/29633937#

#SPJ11

Finance through intermediation is more common than direct finance.

In the realm of finance, intermediation refers to the process of connecting lenders and borrowers through financial intermediaries such as banks, credit unions, and other financial institutions.

On the other hand, direct finance involves the direct flow of funds from savers to borrowers without the involvement of intermediaries. While both forms of finance exist in the financial landscape, finance through intermediation is more prevalent and commonly utilized.

Finance through intermediation offers several advantages that contribute to its widespread adoption. Financial intermediaries play a crucial role in channeling funds from surplus units (savers) to deficit units (borrowers) by providing necessary expertise, risk assessment, and liquidity management.

They bridge the gap between borrowers and lenders, making the borrowing process more accessible and efficient. Moreover, intermediaries often provide various financial services, such as credit evaluation, transaction facilitation, and risk management, which are beneficial for both parties involved.

Learn more about financial intermediaries here:

https://brainly.com/question/32020531

#SPJ11

One similarity between the USDA Eating Patterns and the Food Lists for Diabetes and Weight Management is the emphasis on consuming a variety of nutrient-dense foods. Both approaches recognize the importance of including a wide range of fruits, vegetables, whole grains, lean proteins, and healthy fats in the diet.

Both the USDA Eating Patterns and the Food Lists for Diabetes and Weight Management share a common focus on consuming nutrient-dense foods. Nutrient-dense foods refer to those that provide a high amount of essential nutrients (such as vitamins, minerals, and fiber) relative to their calorie content.

In both approaches, there is an emphasis on including a variety of fruits and vegetables. These foods are rich in vitamins, minerals, and antioxidants, and they contribute to overall health and well-being. They also provide dietary fiber, which aids in digestion, promotes satiety, and helps regulate blood sugar levels.

Whole grains are another common feature in both approaches. Whole grains such as brown rice, whole wheat bread, and quinoa contain fiber, vitamins, and minerals that are beneficial for health. They also have a lower glycemic index, meaning they have a less pronounced impact on blood sugar levels compared to refined grains.

Lean proteins are encouraged in both the USDA Eating Patterns and the Food Lists for Diabetes and Weight Management. These can include sources like poultry, fish, legumes, and tofu. Lean proteins provide essential amino acids and are generally lower in saturated fat compared to fatty cuts of meat. They help in building and repairing body tissues and contribute to satiety.

Healthy fats, such as those found in avocados, nuts, seeds, and olive oil, are also part of both approaches. These fats provide important nutrients like omega-3 fatty acids and help support heart health. They are included in moderation to provide flavor, satiety, and overall balance in the diet.

By emphasizing nutrient-dense foods, both the USDA Eating Patterns and the Food Lists for Diabetes and Weight Management aim to provide a well-rounded approach to eating that supports overall health, weight management, and blood sugar control. They promote a balanced intake of essential nutrients while discouraging excessive consumption of foods high in added sugars, saturated fats, and sodium, which are commonly associated with negative health outcomes.

Learn more about USDA here:

https://brainly.com/question/14670978

#SPJ11

A decrease in the price level leads to a decrease in the interest rate, resulting in increased spending and a downward-sloping aggregate demand curve.

The downward sloping shape of the aggregate demand curve indicates a decrease in the price level that leads to an increase in the quantity of goods and services demanded. The slope is a graphical representation of the inverse relationship between the price level and the real gross domestic product (GDP).

Below are two reasons for the downward sloping shape of the aggregate demand curve:

1. The real wealth effect is the idea that people's ability to purchase goods and services decreases as the price level rises. As a result, when the price level rises, people will need more money to purchase the same amount of goods and services as before, reducing their real wealth, causing them to reduce their spending. On the other hand, when the price level decreases, people's real wealth increases, and they can buy more goods and services for less money, leading to increased spending. Therefore, as the price level falls, aggregate demand will increase, which is why the aggregate demand curve slopes downward.

2. The interest rate effect refers to the idea that a decrease in the price level leads to a reduction in interest rates, leading to higher investment and consumer spending. The price level decrease reduces the demand for money, and as the demand for money decreases, the interest rate decreases.

A decrease in interest rates results in an increase in investment and consumer spending, as it becomes more profitable for businesses to invest and for consumers to borrow and spend.

To learn more on aggregate demand curve:

https://brainly.com/question/31432169

#SPJ11

The maximum charitable donation credit for Mary for this year would be $189.50.  

Now, Charitable donation amount = lesser of (Net Income for the year) and (75% of her net income for the year)

Charitable donation amount = min{ $1000, 75% of $1000 }

= min{ $1000, $750 }

= $750

The maximum allowable charitable donation is $750.

Mary's maximum charitable donation credit for this year can be calculated by applying the federal and provincial or territorial non-refundable tax credit rates to the first $200 of donations at the lowest personal income tax rate for the year which is 15% in this case.

Mary's Charitable donation tax credit = 15% x min{ $1000, $200 }

= 15% x $200

= $30

Federal charitable donation tax credit is 15% x min{ $1000, $200 }= 15% x $200

= $30

The remaining donations $750 - $200 = $550 is eligible for federal credit at the top personal income tax rate which is 33% in this case.

Mary's Charitable donation tax credit = 33% x $550

= $181.50

Provincial or territorial charitable donation tax credit is 10% x min{ $1000, $200 }= 10% x $200

= $20

The remaining donations $750 - $200 = $550 is eligible for provincial or territorial credit at the top personal income tax rate which is 50% in this case.

Mary's Charitable donation tax credit = 50% x $550

= $275

Mary's maximum charitable donation credit for this year = Federal charitable donation tax credit + Provincial or territorial charitable donation tax credit

= $30 + $20 + $181.50 + $275

= $506.50.

Therefore, the correct option is a. $189.50.

To know more on Donation visit:

https://brainly.com/question/28838440

#SPJ11

The vital indicator when deciding whether a payment should be made to a supplier is the receipt of a receiving report from the warehouse department.

The receipt of a receiving report from the warehouse department is a crucial indicator when deciding whether a payment should be made to a supplier.

This report serves as evidence that the goods ordered from the supplier have been received by the company. It confirms that the goods are physically present in the warehouse and can be inspected for quantity and quality.

By comparing the information in the receiving report with the purchase order, the company can ensure that the goods received match the order placed with the supplier.

While the manager's authorization and agreement are important for the overall decision-making process, they alone are not sufficient indicators to determine whether a payment should be made to a supplier.

Similarly, the supplier providing an invoice is a standard practice, but it does not guarantee that the goods have been received or that they meet the required quantity and quality criteria.

Therefore, the receipt of a receiving report from the warehouse department serves as a critical piece of documentation to validate the receipt of goods and supports the decision to proceed with the payment to the supplier.

learn more about supplier here:

https://brainly.in/question/36697072

#SPJ11

In addition to selling common stock, a company has several options to raise capital, including issuing debt, selling preferred stock, selling a subsidiary (if it has one), and issuing uncommon stock.

Issuing debt: A company can raise capital by issuing debt in the form of bonds or loans. By borrowing money, the company agrees to repay the principal amount with interest over a specified period. Debt issuance allows the company to access funds without diluting ownership or giving up control.

Selling preferred stock: Preferred stock represents ownership in a company, but with preferential treatment over common stock. By selling preferred stock, the company can raise capital from investors who receive fixed dividends and have priority in the event of liquidation. This option provides an alternative to common stock while offering investors a different risk-return profile.

Selling a subsidiary: If a company owns a subsidiary that is not integral to its core operations, it can sell that subsidiary to raise capital. This involves transferring ownership of the subsidiary to another entity in exchange for cash or other assets. Selling a subsidiary allows the company to monetize its investment and access funds that can be used for strategic purposes.

Issuing uncommon stock: While common stock represents the majority ownership in a company, issuing uncommon stock refers to the issuance of specialized or unique classes of stock. These classes may have different voting rights, dividend preferences, or other distinct features. By issuing uncommon stock, a company can attract specific investors or meet particular capital requirements while maintaining control and flexibility.

In conclusion, besides selling common stock, a company can raise capital through various means such as issuing debt, selling preferred stock, selling a subsidiary, or issuing uncommon stock. Each option offers different advantages and considerations, allowing the company to tailor its capital-raising strategy to its specific needs and objectives.

Learn more about preferred stock here:

https://brainly.com/question/29739867

#SPJ11

If a company plans to sell 24,000 units of product but sells 30,000, the most appropriate comparison of the cost data associated with the sales will be by a budget based on 24,000 units of activity.A budget is a monetary or quantitative description of an organization's expected operations. The answer is C.

A budget helps a company prepare for the future by forecasting revenues and expenses. The budgeting process aims to ensure that the organization has the resources it needs to achieve its objectives. It is done in order to monitor and control the company's financial activities.

The budget for the company should be based on the expected level of activity, which is 24,000 units. The reason is that the actual sales of 30,000 units exceeded the original planned level of activity.

As a result, the budget should be compared to the planned activity level rather than the actual activity level to get a better sense of how the company performed compared to its original plan. Therefore, the answer is c) 24,000 units of activity.

To know more about budget, refer to the link:

https://brainly.com/question/31952035#

#SPJ11

The net present value of the investment, given a required return of 12%, is $127,068.29.

To calculate the net present value (NPV) of the investment, we need to discount the cash flows to their present value and subtract the initial investment. Here's the step-by-step calculation:

1. Calculate the present value (PV) of each cash flow:

  Year 1: $240,000 / (1 + 0.12)^1 = $214,285.71

  Year 2: $240,000 / (1 + 0.12)^2 = $191,489.36

  Year 3: $240,000 / (1 + 0.12)^3 = $170,068.03

  Sale price at Year 3: $180,000 / (1 + 0.12)^3 = $127,659.57

  Recovery of net working capital: $34,634 / (1 + 0.12)^3 = $24,565.62

2. Calculate the total present value of cash inflows:

  PV of cash inflows = Year 1 PV + Year 2 PV + Year 3 PV + Sale price at Year 3 + Recovery of net working capital

  PV of cash inflows = $214,285.71 + $191,489.36 + $170,068.03 + $127,659.57 + $24,565.62 = $727,068.29

3. Calculate the net present value:

  NPV = PV of cash inflows - Initial investment

  NPV = $727,068.29 - $600,000 = $127,068.29

Learn more about investment here:

https://brainly.com/question/15105766

#SPJ11

Issuing equity may not dilute the ownership of existing shareholders when the original owners do not sell their shares.

When a company issues equity, it means that it sells additional shares to raise capital. In general, this can lead to dilution of ownership for existing shareholders, as their ownership percentage decreases when new shares are issued. However, if the original owners do not sell their shares, the issuance of equity may not dilute their ownership. This is because the ownership structure remains unchanged, and the new shares are acquired by external investors or through other means.

The other options provided in the question do not necessarily guarantee that the ownership of existing shareholders will not be diluted. Issuing equity does not depend on the firm using debt conservatively (option A) or the value of new shares being equal to the value of debt (option D). It also does not automatically ensure that the new shares are sold at a fair price (option B) or that the firm has no debt financing (option E).

These factors are not directly related to the dilution of ownership resulting from the issuance of equity. The crucial factor is whether the original owners participate in the sale of new shares or retain their existing ownership stake.

Learn more about shares here: https://brainly.com/question/32328563

#SPJ11

For 2019, Norr's allocated net income is $28,870, and Caylor's allocated net income is $19,250. At the end of 2019, Norr's capital account balance is $109,370, and Caylor's capital account balance is $57,550. For 2020, Norr's allocated net income is $9,600, and Caylor's allocated net income is $14,400. At the end of 2020, Norr's capital account balance is $119,970, and Caylor's capital account balance is $59,450.

To determine the amount of net income allocated to each partner for 2019, we need to follow the profit-sharing procedure outlined in the partnership agreement. First, we calculate the interest on the yearly beginning capital balance, which is 12% of the initial investment for each partner. Norr's interest is $12,000 (12% of $100,000), and Caylor's interest is $3,600 (12% of $30,000).

Next, we calculate the amount that can be billed to the partnership's clients based on the number of billable hours worked by each partner. Norr's billable hours total $10,000 (1,000 billable hours * $10 per hour), and Caylor's billable hours total $14,000 (1,400 billable hours * $10 per hour).

The remaining net income is divided in a 3:2 ratio. Norr's share is $45,130 (($70,000 - $12,000 - $10,000) * (3/5)), and Caylor's share is $30,090 (($70,000 - $3,600 - $14,000) * (2/5)).

At the end of 2019, we calculate the balance in each partner's capital account by adding their initial investment, allocated net income, and subtracting the monthly withdrawals. Norr's capital account balance is $109,370 ($100,000 + $45,130 - ($1,000 * 12)), and Caylor's capital account balance is $57,550 ($30,000 + $30,090 - ($1,000 * 12)).

For 2020, we follow the same procedure. Norr's allocated net income is $9,600 (($24,000 - $12,000 - $8,000) * (3/5)), and Caylor's allocated net income is $14,400 (($24,000 - $3,600 - $12,000) * (2/5)).

At the end of 2020, Norr's capital account balance is $119,970 ($109,370 + $9,600 - ($1,000 * 12)), and Caylor's capital account balance is $59,450 ($57,550 + $14,400 - ($1,000 * 12)).

Learn more about income here:

https://brainly.com/question/31552040

#SPJ11

To record the expenditures related to the building during 2020, the following journal entries need to be made:

January 1ˢᵗ, 2020:

Debit: Building Improvement Expense ($2,500,000)

Debit: Accumulated Depreciation - Building Improvement ($1,000,000)

Credit: Cash ($3,500,000)

Explanation: This entry records the replacement of the old siding with new siding. The cost of the new siding is capitalized as a building improvement, while the cost of the old siding is removed from the books by debiting the accumulated depreciation account. The net cost is recorded as an expense.

February 6ᵗʰ, 2020:

Debit: Building Damage Expense ($60,000)

Credit: Cash ($60,000)

Explanation: This entry records the repair of the building due to uninsured damage caused by severe weather. The cost of the repair is directly expensed as building damage.

June 22ⁿᵈ, 2020:

Debit: Building Improvement Expense ($800,000)

Credit: Cash ($800,000)

Explanation: This entry records the replacement of the old air filtration system with a new one. The cost of the new system is capitalized as a building improvement expense.

Throughout 2020:

Debit: Building Repair Expense ($122,000)

Credit: Cash ($122,000)

Explanation: This entry records the regular repairs made on the building throughout the year. The costs incurred are expensed as building repair expenses.

These journal entries accurately reflect the expenditures related to the building during 2020 and ensure that the proper costs are capitalized or expensed in accordance with the accounting principles and estimates provided.

to know more about journal entries  click this link-

brainly.com/question/33440131

#SPJ11

Rizzo's truck had a cost of $22,000, accumulated depreciation of $15,000, and a fair value of $3,000. Overland's truck had a cost of $10,000, accumulated depreciation of $8,000, and a fair value of $3,000.

Here is the journal entry for Rizzo's Delivery Company for the exchange of delivery trucks:

Date: January 1, 2022

Debit:

Truck (New Equipment) $3,000

Accumulated Depreciation $15,000

Loss on Exchange $4,000

Credit:

Truck (Old Equipment) $22,000

Cash $0

On the debit side, we record the new equipment (truck) received by Rizzo's Delivery Company, which has a value of $3,000. We also include the accumulated depreciation of $15,000 for the old truck and a loss on the exchange of $4,000.

On the credit side, we record the old equipment (truck) with a value of $22,000 and no cash is involved in the transaction.

Learn more about Accumulated depreciation here:

brainly.com/question/28139636

#SPJ11

The goal-setting approach is effective for Galwal's objectives as it provides clarity, promotes accountability, encourages self-reflection, and facilitates a supportive environment, ultimately driving motivation and increasing the likelihood of success.

Based on Galwal's objectives, a motivational approach that would be effective is the goal-setting approach. This approach involves setting clear and specific goals that align with Galwal's objectives, and then providing the necessary support and feedback to facilitate progress towards those goals.

By setting goals, Galwal can have a clear direction and purpose, which enhances motivation and focus. These goals should be challenging yet achievable, as they provide a sense of accomplishment when achieved.

The goal-setting approach also encourages accountability and self-reflection. Galwal can regularly assess their progress, identify areas of improvement, and make necessary adjustments to their approach. This self-monitoring promotes a sense of ownership and control over their actions and outcomes.

To learn more about accountability

https://brainly.com/question/27958508

#SPJ11

If the correlation between two shares is -1, it indicates that the returns on the shares are perfectly negatively correlated.

The correlation coefficient is a statistical measure that quantifies the relationship between two variables. It ranges from -1 to +1, where -1 indicates a perfect negative correlation, +1 indicates a perfect positive correlation, and 0 indicates no correlation.

In this case, a correlation of -1 implies a perfect negative correlation between the returns on the two shares. This means that when the return on one share increases, the return on the other share decreases in exactly the same proportion, and vice versa. The relationship between the returns is completely inverse, with one share's performance mirroring the opposite of the other share's performance.

It's important to note that a correlation of -1 is a theoretical extreme, and it is rare to observe such a perfect negative correlation in real-world financial data. However, in this hypothetical scenario, the -1 correlation suggests that the returns on the shares move in perfect opposition to each other, making them perfectly negatively correlated.

Learn more about correlation coefficient here:

https://brainly.com/question/28026000

#SPJ11

Data snooping bias: Using multiple trading rules and selecting the one that performs best on historical data can lead to data snooping bias, as the chosen rule may have performed well purely by chance.

In conclusion, computing the abnormal rate of return for a stock involves comparing the actual return to the expected return based on beta. When testing the EMH, it's important to avoid biases such as data snooping, survivorship bias, and overlooking transaction costs and liquidity. These biases can impact the results and may lead to incorrect conclusions about the validity of the EMH. Transaction costs and liquidity: Ignoring transaction costs and liquidity constraints when testing trading rules can lead to unrealistic results, as actual trading involves costs and may not be as seamless as assumed.

learn more about snooping here:

https://brainly.com/question/28149646

#SPJ11

Gain $75 million in profit and firm A will lose $50 million in profit. Option C.

Based on the information provided, we can analyze the payoff matrix to determine the outcomes of different strategies for firms A and B.

Assuming that firm B adopts a low-price strategy while firm A maintains a high-price strategy, we can look at the corresponding payoffs in the matrix.

In the payoff matrix, the values represent the profit in millions of dollars for each firm. Let's consider the scenario where firm B chooses the low-price strategy (row 2) and firm A chooses the high-price strategy (column 1).

In this case, firm B's payoff is $80 million, and firm A's payoff is $30 million. Comparing this outcome with the scenario where both firms choose the high-price strategy (row 1, column 1), we can see the following changes:

Firm B's profit increases from $60 million to $80 million, resulting in a gain of $20 million.

Firm A's profit decreases from $80 million to $30 million, resulting in a loss of $50 million.

Therefore, compared to the results from a high-price strategy for both firms, firm B will gain $20 million in profit (not $50 million) and firm A will lose $50 million in profit.

Hence, the correct option is Gain $75 million in profit and firm A will lose $50 million in profit. So Option C is correct.

For more question on profit visit:

https://brainly.com/question/1078746

#SPJ8

To value an investment, we can use both present value (PV) and future value (FV) calculations. A is the correct option.

When evaluating an investment, we often consider both the present value and the future value of cash flows associated with that investment.

Present value (PV) is used to calculate the current worth of future cash flows, taking into account the time value of money and discounting them back to the present. This allows us to determine the value of an investment today based on its expected future cash flows.

Future value (FV), on the other hand, calculates the value of an investment at a future point in time, considering the compounding of interest or returns over time.

By considering both PV and FV, we can assess the attractiveness and profitability of an investment, taking into account the timing and magnitude of cash flows. Therefore, option (a) is the correct answer as both PV and FV are used in investment valuation.

To learn more about investment, click here:

brainly.com/question/29547577

#SPJ11

a) The maturity value of the discounted note would be $48,480. b) The discount period would be 122 days. c) The discount amount would be $520. d) The proceeds received by Hanna, Inc. would be $47,960.

a) To calculate the maturity value, we add the discount amount to the face value of the note. In this case, the discount amount is $520, and the face value of the note is $48,000, so the maturity value would be $48,520.

b) The discount period is the number of days from the discount date (July 31, 2021) to the maturity date of the note. Since the note was for 120 days, the discount period would be 122 days.

c) The discount amount is the difference between the face value of the note and the proceeds received. In this case, the discount amount is $520.

d) The proceeds received by Hanna, Inc. would be the face value of the note minus the discount amount. Thus, the proceeds would be $47,960.

e) The journal entries record the transactions related to the note receivable.  The journal entries for the transactions are as follows:

July 1, 2021:

Notes Receivable $48,000

Accounts Receivable - Bruce Brown $48,000

October 29, 2021:

Accounts Receivable - Bruce Brown $48,000

Notes Receivable $48,000

November 28, 2021:

Cash $47,960

Interest Income $520

Notes Receivable $48,000

Learn more about maturity value  here:

https://brainly.com/question/29729907

#SPJ11

The San Francisco option seems to be the best choice for Jon Jackson Manufacturing.

When comparing the two options, Jon needs to consider the unique-event risk and the super-event risk associated with each option.

For the San Francisco option, the unique-event risk of either supplier failing is 0.5% and the probability of a super-event, where both suppliers are knocked out, is 2%. On the other hand, for the North American option, the unique-event risk is higher at 10%, but the probability of a super-event affecting both suppliers is lower at 0.1%.

Considering the purchasing costs, the San Francisco option costs $500,000 per year, while the North American option costs $510,000 per year.

To evaluate the best option, Jon needs to assess the potential annualized loss in the case of a total disruption. The loss is estimated to be $800,000 per year.

By comparing the costs and potential losses, the San Francisco option appears to be more favorable. Even though the unique-event risk is slightly higher for the North American option, the significantly lower probability of a super-event outweighs that risk. Additionally, the lower purchasing cost for the San Francisco option provides further financial advantage.

Therefore, based on the given information, Jon should choose the San Francisco option as it offers a better balance between risk and cost.

Learn more about financial advantage here:

https://brainly.com/question/29387143

#SPJ11

The statement that is not included in the Basis for Opinion section of the standard report on the entity's financial statements is - C. " We are a public accounting firm registered with the Public Company Accounting Oversight Board."

The following statements are included in the Basis for Opinion section of the standard report on the entity's financial statements:

a "Our audit included evaluating the accounting principles used and significant estimates made by management."

b "We conducted our audit in accordance with the standards of the PCAOB."

d "The critical audit matter communicated is a matter arising from the current period audit."

Option c "We are a public accounting firm registered with the Public Company Accounting Oversight Board" is not included in the Basis for Opinion section of the standard report on the entity's financial statements.

This information is disclosed in the auditor's report as an explanatory paragraph preceding the opinion paragraph.

Thus, the statement that is not included in the Basis for Opinion section of the standard report on the entity's financial statements is c. "We are a public accounting firm registered with the Public Company Accounting Oversight Board."

To know more on Financial statement visit:

https://brainly.com/question/14951563

#SPJ11

The given statement "When a company implements a balanced scorecard approach in its business, it must establish performance measures that are focused on the specific strategy of the company." is True.

Here is the reason: The Balanced Scorecard (BSC) approach is a strategic management system that companies use to align their performance with their strategic objectives.

The objective of the balanced scorecard approach is to bring together financial and non-financial measures in a manner that represents the company's goals and objectives.

A company needs to establish performance measures that are focused on the particular strategy of the business while implementing the balanced scorecard approach.

The balanced scorecard approach, in summary, necessitates identifying the company's objectives, developing a strategic plan to accomplish those goals, and then designing performance metrics to track progress and provide feedback on performance towards those goals.

Know more about balanced scorecard here:

https://brainly.com/question/19259487

#SPJ11

To accurately determine the impact of each transaction on the components of the accounting equation, I would require the specific transactions and the corresponding components of the equation.

A transaction, in the context of accounting, refers to a specific business event or activity that results in a financial impact on the company. It involves the exchange of goods, services, or assets between two parties, which can be individuals, organizations, or even internal departments within the same company. Transactions are recorded in the company's financial records, such as journals and ledgers, to accurately track and document the financial activities of the business.

Please provide me with the transactions and the components of the accounting equation involved, and I will be able to assist you in identifying whether each transaction causes an increase (+), decrease (−), or has no effect (NE) on the respective components.

To learn more about transaction

https://brainly.com/question/1016861

#SPJ11