From the reading material, the sales revenue of Inland Empire in the third quarter of 2004 surpassed $1 billion.
What is the sales revenue for the quarter?The sales revenue refers to all the money a business generates from operating activities or normal business operations during a specific period, for example, a quarter.
Sales revenue forms the basis for determining a company's profitability, business sustainability, and financial performance.
What drives sales revenue?Sales revenue is driven by strategic factors, including value offerings, market positioning, and product pricing.
Every sales strategy is dependent on the organization's market, customer, processes, products, and business approach
Thus, based on the reading material, the sales revenue of Inland Empire in the third quarter of 2004 surpassed $1 billion.
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Answer:
$180 million
Explanation:
It was shown in the chart for the 3rd quarter and the year.
You 1st look at the year 2004
Then in the next column, you look for the quarter
and the next column has the amount
Crane Corporation is reviewing an investment proposal. The initial cost is $103,400. Estimates of the book value of the investment at the end of each year, the net cash flows for each year, and the net income for each year are presented in the schedule below. All cash flows are assumed to take place at the end of the year. The salvage value of the investment at the end of each year is assumed to equal its book value. There would be no salvage value at the end of the investment’s life.
Year Initial Costand Book Value Annual Cash Flows Annual Net Income
0 $104,500
1 69,300 $45,900 $10,700
2 42,100 40,300 13,100
3 21,100 35,000 14,000
4 7,700 30,800 17,400
5 0 25,600 17,900
Drake Corporation uses an 11% target rate of return for new investment proposals.
Required:
a. What is the cash payback period for this proposal?
b. What is the annual rate of return for the investment?
c. What is the net present value of the investment?
a) The cash payback period for Crane Corporation's investment proposal is 3 years.
b) The annual rate of return for the investment is as follows:
Year 1 = 10% ($10,700/$104,500 x 100)
Year 2 = 19% ($13,100/$69,300 x 100)
Year 3 = 33% ($14,000/$42,100 x 100)
Year 4 = 82.5% ($17,400/$21,100 x 100)
Year 5 = 232% ($17,900/$7,700 x 100)
c) The net present value of the investment by Crane Corporation is $30,643.
Data and Calculations:Target rate of return = 11%
Year Initial Cost and Book Value Annual Cash Annual Net
Flows Income
0 $104,500
1 69,300 $45,900 $10,700
2 42,100 40,300 13,100
3 21,100 35,000 14,000
4 7,700 30,800 17,400
5 0 25,600 17,900
The cash payback period is 3 years ($104,500 - $45,900 - $40,300 - $35,000).
Net Present Value:Year Annual Cash Flows PV Factor Present Value
0 -$104,500 1 -$104,500
1 $45,900 0.901 $41,356
2 $40,300 0.812 32,724
3 $35,000 0.731 25,585
4 $30,800 0.659 20,297
5 $25,600 0.593 15,181
Net Present value = $30.643
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A colleague has an appointment scheduled for 10:00am to see your Manager. Unfortunately, he is not in the office when the colleague arrives, and you do not know where he is or how long he will be. How will you handle this situation? (4)
Answer:
I will go to my office and sit
as families move through the assessment and evaluation processes, do not change a child's care care routine curriculum.
true or false
FALSE.
As families move through the assessment or evaluation processes, adjust the child’s routine curriculum as new information emerges, and be willing to share your expertise.
In children, there is a compulsion to learn that comes from within. Every childcare facility needs a curriculum that will support every child's growth across all learning domains in order to lead their learning and help them attain their full potential.
Your centre's instructional mission can be articulated through a curriculum. It discusses your educational objectives (what you hope to achieve) and how you intend to go about achieving those objectives. What children will learn, how they will learn it, and how it will be measured will all be laid out in your curriculum. There are many theories on how children learn and grow, and most of them have been implemented in some form of schooling.
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What are the steps to consider when enrolling your participating Brokerage
Account in the Broker Data Import Program as a newly hired professional?
Select the three responses that apply and then Submit.
Submit your completed authorization form directly to Independence &
Conflicts Network
Report and enable your brokerage account
If import will not occur by your deadline, report the investments
manually
Submit your completed authorization form directly to your broker
A brokerage account exists as an investment account that permits you to buy and sell a combination of investments, such as stocks, bonds, mutual funds, and ETFs.
What is Brokerage Account?A brokerage account exists as an investment account that permits you to buy and sell a combination of investments, such as stocks, bonds, mutual funds, and ETFs. Whether you're putting aside money for the future or keeping up for a big purchase, you can utilize your funds whenever and however you want.
Securities account sometimes understood as a brokerage account exists as an account that maintains financial assets such as securities on behalf of an investor with a bank, broker, or custodian. Investors and traders generally have a securities account with the broker or bank they utilize to buy and sell securities.
Broker Data Import Program (BDIP)–A component of the Tracking & Trading System that permits the professionals to acquire automatic downloads of their financial holdings from their official brokerage accounts.
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Prior to recording adjusting entries, the office supplies account had a $378 debit balance. a physical count of the supplies showed $115 of unused supplies available. the required adjusting entry is:_______
Prior to recording adjusting entries, the office supplies account had a $378 debit balance. a physical count of the supplies showed $115 of unused supplies available. the required adjusting entry is Debit Office Supplies Expense $254 and credit Office Supplies $254.
A checking account with a bank that has a debit balance is one that has a negative cash balance. Such an account is referred to as being overdrawn and is therefore not actually permitted to have a negative balance; instead, the bank simply declines to honor any checks presented against the account that would do so.
An account with a debit balance has positive values for assets and expenses debited and negative balances credited. For instance, because cash is increasing, a journal entry upon receiving $1,000 in cash would also include a $1,000 debit to the balance sheet's cash account.
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Who manages Woolworths
Answer:
Christie Koorts the Chief Information Officer, Justin Crowhurst the Chief Financial Officer Woolworths, and Charmaine Huet the Chief Marketing Officer.
The control structure of Woolworths group confined, an Australian retail business enterprise. The Woolworths who manages are as follows:
Board of directors: The board of administrators is answerable for overseeing the strategic path and primary decisions of the employer. It contains people with diverse know-how and backgrounds.
The board's obligations consist of putting corporate targets, reviewing financial performance, and ensuring compliance with policies and corporate governance.
Govt's leadership team :The government management crew is answerable for dealing with the operations and imposing the agency's enterprise techniques. This group consists of every day executives who oversee numerous divisions and features in the business enterprise.
Leader govt Officer (CEO): The CEO is the very best-rating executive within the organization and is answerable for putting the overall course and vision of Woolworths. The CEO works carefully with the board and different senior executives day-to-day to reap the corporation's goals.
Leader financial Officer (CFO): The CFO is liable for dealing with the financial factors of the organization, inclusive of economic reporting, budgeting, and capital allocation.
Leader working Officer (COO): The COO oversees the operations of the enterprise and ensures that enterprise strategies are going for walks efficaciously.
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Which of the following statements about capital structure are correct? Select ALL correct answers.
A company needs to consider the current economic climate when making decisions on debt and equity proportions.
A company should always finance its business using as much debt as possible in order to optimize the capital structure.
Having too much equity may dilute earnings and the value of the original investors.
Having too little debt may increase the risk of default in repayment.
?
Having too much equity may dilute returns and the value of the original investors capital structure are correct.
What is the capital structure?
Capital structure refers to the specific mix of debt and equity used to invest a company's assets and operations. From a corporate perspective, equity denotes a more expensive, permanent source of capital with more significant financial flexibility.
What is capital structure and why is it important?
Capital structure relates to how much money—or capital—is helping a business, financing its assets, and funding its operations. It can also show company investments and capital expenditures that can affect the business's bottom line.
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Which of the following is a criticism of conflict theory?
Explanation:
conflict theory has been criticized for its focus on change and neglect of social stability
It overlooks that fact that many willingly accept society's rules is a criticism of conflict theory. Option A is the correct answer.
Conflict theory can be applied to various social issues, such as economic inequality, racial or ethnic tensions, gender disparities, and political struggles. Option A is the correct answer.
Conflict theory, a sociological perspective, focuses on the idea that society is shaped by conflict and power struggles between different social groups. While conflict theory emphasizes the role of power and social inequality in shaping society, it does not disregard the fact that many individuals willingly accept and abide by societal rules. According to conflict theory, power imbalances and social inequalities can lead to conflicts between dominant and subordinate groups. However, it does not deny that some individuals may willingly accept and conform to societal norms and rules, even if these norms and rules perpetuate inequality.
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The complete question is, "Which of the following is a criticism of conflict theory?
a. It overlooks that fact that many willingly accept society's rules.
b. It does not recognize the differences between social classes.
c. It fails to acknowledge social inequality.
d. It is unsympathetic to homelessness."
What are some ways colleges make revenue from their teams?
Answer:
merch, promotions, tickets to games, sponsorship for players etc
Explanation:
MEMORANDUM TO: Human Resources Director FROM: Mark Taylor, Department Head SUBJECT: Promotions of Margaret Adams and Beth Taylor We are at the point where we must make a decision on the promotions of Margaret Adams and Beth Taylor of our administrative staff. They are both very competent employees and I am convinced that they are capable of handling even more responsibility. Margaret's file indicates that she has history of chemical dependency but has had treatment and has been okay for a year. She is not currently enrolled in any treatment program. She believes that she should very rarely stay late at the office or participate in weekend meetings. She believes that her first duty is to her health, and she should manage her time accordingly. In Beth's case, however, I am not altogether certain that she is willing to subordinate time with her family to time on the job, to the extent that may be required. I have had the opportunity to explore with her the general problem of family vs. job, and she strongly believes that she should very rarely stay late at the office or participate in weekend meetings. She believes that her first duty is to her family and she should manage her time accordingly. These viewpoints have not affected their performance in the past, but it could be a problem in a more demanding role. What do you think we should do? (You must choose only one response.) 1)Promote Margaret only. 2)Promote Beth only. 3)Promote both Margaret and Beth. 4)Promote neither Margaret nor Beth.
In the case above since the cases with the two people are similar, we should Promote neither Margaret nor Beth.
What is promotion in an office?The act of getting promoted is one that connote that a person have step into a leadership position.
Note that the more people, that person will have to be responsible for, and also more jobs goes with it and it is vital that your communication skills will be sharpened.
Note that since promotion will require more time which both individuals are not willing to give, so therefore, In the case above since the cases with the two people are similar, we should Promote neither Margaret nor Beth.
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Oak wholly owns a material subsidiary, Birch. Birch has a material 30% interest in Willow. Oak also owns 40% of Beech, which is
material to Oak. Birch is an IESBA Public Interest Entity audit client.
Which of the following would be restricted entities?
Oak, Birch, and Willow
Birch and Willow
Oak, Birch, Willow and Beech
Birch, Willow and Beech
Confirm
According to IESBA Public Interest Entity audit client rules, the restricted entities are D. Birch, Willow, and Beech.
What is an IESBA Public Interest Entity audit client?According to the IESBA Public Interest Entity audit client guidelines, the restricted entities included Birch, Willow, and Beech.
The restricted entities have income that exceeds 10% of the consolidated incomes of the auditing firm, and they are legally related entities.
Data of Ownership Interests:Oak in Birch = 100%
Birch in Williow = 30%
Oak in Beech = 40%
Thus, the restricted entities, according to IESBA Public Interest Entity audit client rules, are D. Birch, Willow, and Beech.
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Suppose the mean height in inches of all 9th grade students at one high school is
estimated. The population standard deviation is 3 inches. The heights of 10
randomly selected students are 74, 68, 74, 73, 70, 61, 75, 61, 73 and 75.
61+61+68+70+73+73+74+74+75+75
÷10
=704÷10
=70.4
Explanation:
all data points are divided by the number of data points
explain two causes of an increase in the quantity of labour
Two causes of an increase in the quantity of labour are:
more favourable labour lawsan increase in immigration into a country.What are the causes of an increase in the quantity of labour?When the quantity of labour increases, it means that the labour available in the labour market has increased. An increase in the quantity of labour is sometimes a positive indicator because it means that more production activity can be undertaken.
When a government enacts favourable labour laws, it encourages discouraged workers to re-enter the labour force. For example, if the government increases the minimum wage, more people would be encouraged to work.
Also, immigration increases the quantity of labour. Immigration is when people move from one country to another.
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Suppose there were 80 identical firms operating in the industry in the short run. Price was Birr 10 Further assume that the short run profit the existing competitive firms enjoy that attracts 80 more firms to enter the industry. The increase in output following the entry of the new firms has also dampened market price from Birr 10 to Birr 8.
(A) What will be the long run equilibrium output of a firm and the industry?
(B) How much profit do firms in the industry enjoy? What is the implication of the profit?
(C) Derive the short run and long run supply curves of the industry.
(D) What happens to the consumers surelus?
Answer:
Transcribed image text: Suppose there are 100 identical firms in a perfectly competitive industry, each having short-run total costs given by STC = 0.5q2 + 10 + 5, (2) where q is the output of each firm. (a) (10) Calculate the firm's short-run supply curve with q as a function of market price (P). (b) (6) What is the short-run supply curve for the industry as a whole?
Explanation:
On 1 October 2020 property, plant, and equipment of Kobia Limited consisted of the following balances:
Original Cost
Accumulated Depreciation
Land and buildings
R550 000
-
Plant and Equipment
R875 400
R338 200
Motor vehicles
R647 000
R211 000
Furniture and fittings
R125 000
R 32 000
The straight-line rates of depreciation, based on cost, used to date were 10% per annum for plant and equipment; 20% per annum for motor vehicles; and 12.5% per annum for furniture and fittings. It is the company’s policy to make full year’s depreciation charge on new capital items of fixed assets in the year of purchase. No depreciation is raised on capital items sold during the year. The following additional information is relevant to the calculation of depreciation for the year ended 30 September 2021.
a) Walter & Associates, a firm of appraisers and valuers, professionally valued Land, and buildings during the year at R975 000. When land and building were acquired, R350 000 was attributable to the buildings.
b) An item of equipment bought in November 2016 for R105 000 is now recognised to have a total useful life of 20 years.
c) A motor vehicle purchased in June 2018 for R85 000 was traded in at a value of R44 000 in part exchange for a new motor vehicle costing R140 000.
d) Included with the furniture and fittings is an item which originally cost R15 000, and which is already fully depreciated and is to be discarded.
You are required to:
Prepare a reconciliation schedule for property, plant, and equipment in a form suitable for inclusion in the company’s financial statements for the financial reporting period ended 30 September 2021. Clearly show the amount to be charged against the year’s profits and the balances to be shown on the statement of financial position. You may include the relevant accounting policy note as part of your answer. Ignore taxation.
The preparation of a reconciliation schedule for property, plant, and equipment in a suitable form for the financial reporting period ended 30 September 2021 for Kobia Limited is as follows:
Property, Plant, and Equipment Reconciliation Schedule:Land & Plant & Motor Furniture
Building Equipment Vehicles & Fittings
Original Costs:Beginning balance R550 000 R875,400 R647,000 R125,000
Revaluation/Addition 425,000 - 140,000 (15,000)
Write-off (85,000)
Ending balance R975,000 R875,400 R702,000 R110,000
Accumulated Depreciation:Beginning balance - R338,200 R211,000 R 32,000
Adjustments:
Depreciation Expense - R87,540 R140,400 R 13,750
Write-off (34,000)
Ending balance R425,740 R317,400 R45,750
Data and Calculations:a) Land and Building:
Revaluation Surplus = R425,000 (R975,000 - R550,000)
b) Useful life of the new item of equipment = 20 years
c) Additional Motor Vehicle = R140,000
d) Motor Vehicle
Trade-in value at cost = R85,000
Trade-in value Accumulated Depreciation = R34,000 (R85,000 x 20% x 2 years)
Book value of Motor Vehicle = R51,000
Exchange value = 44,000
Loss from trade-in = R7,000
Depreciation Rates and Expense:Land & Plant & Motor Furniture
Building Equipment Vehicles & Fittings
Depreciation Rate 0 10% 20% 12.5%
Depreciation Expense R0 R87,540 R140,400 R 13,750
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Peter's Pans sells cooking pans for $30 each. The company
hires workers in a competitive labor market and pays each worker
$500/week. Based on the table below, find the VMP and determine
the total number of workers Peter's Pans will hire. Explain why.
# of workers # of pans MP VMP
0 0 0 ?
1 20 20 ?
2 39 19 ?
3 57 18 ?
4 74 17 ?
5 90 16 ?
6 105 15 ?
Required:
1. Fill in the VMP for this chart.
2. How many workers will be hired?
3. Why?
The value of the VMP are 600, 570, 540, 510, 480, 450. The total workers to be hired are 4 workers because MRL > wage.
How to solve for the VMP= MP * selling price
20 * 30 = 60019 * 30 = 57018 * 30 = 54017 * 30 = 51016 * 30 = 48015 * 30 = 450This has been computed in the excel file that I have attached to the question.
2. A competitive firm is going to have to hire when the wage is equal to MRPL or MRPL is greater than the wage
based on this the labor of the firm would be at 4 units.
3. Four workers are going to be hired based on the fact that the marginal revenue of the added labor is more than the wage that was paid for the work done.
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jane found classified information in breakroom. What is first action
Answer:
Secure the information in a GSA-approved security container
A price elasticity of demand of 2.3 implies:_______
a. demand is unitary elastic
b. demand is inelastic
c. demand is perfectly elastic
d. demand is elastic
Answer:
in my opinionExplanation:
d. demand is elasticA price elasticity of demand of 2.3 implies "demand is elastic". The correct option is D.
The elasticity measures the responsiveness of quantity demanded to changes in price. A value of 2.3 means that for every 1% increase in price, quantity demanded will decrease by 2.3%.
The elastic demand indicates that consumers are highly responsive to price changes and meaning relatively small price changes can lead to significant changes in quantity demanded.
Therefore, the correct option is D.
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This week you’re learning some of the characteristics that will help you practice your relationship building skill (trust, mutual respect, mindfulness, diversity and inclusion, and open communication). Discuss how you are applying at least one of these characteristics in your life right now at home, work, or school. What exactly are you doing and how are you doing it? How does that action contribute to relationship building? Remember to answer each part of the discussion prompt in a thoughtful, logical, and well organized manner. A substantial discussion forum response should make connections to course content, professional experiences, and personal experiences. Also, please respond to at least 1 learner in the class offering thoughtful ideas, asking follow-up questions, and demonstrating respect for others. Suggested Discussion Organization: In paragraph 1, discuss how you are applying at least one of the characteristics in your life right now at home, work, or school. What exactly are you doing and how are you doing it? In paragraph 2, explain how that action contributes to relationship building?
This is a personal question that should be based on your own experience. To create a discussion prompt about how some characteristics help to build relationships, you can structure the paragraphs with situations where you felt part of a group, like building friendships at school for example.
Mutual respect is a characteristic that must be applied in the social life of individuals to increase security, order, ethics and maintenance of a positive society, and must be shared in all social institutions.
How important is ethics to building relationships?Ethics corresponds to the practice of moral values in a society, that is, it is the set of actions that individuals practice in accordance with respect, empathy, the individual values of others, making society a more just and egalitarian place.
Some ideas to increase the practice of mutual respect and ethics is to be cordial and empathetic to individuals, promoting good social and environmental actions for social well-being.
Therefore, ethics must be promoted in all social spheres to generate greater security, compliance and protection of the natural rights of each individual.
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The product structure overcomes one of the challenges common to a functional organization structure because it is
better able to do what?
O focus on the goods being made
O focus on the department's needs
O focus on career development
O focus on the worker
Answer:
focus on the goods being made
Which of the following was not a term used to describe a manager by the government employees participating in a
recent survey?
• resentful
dictator
• failure
effective
Answer:
Dictator
Explanation:
The demand curve of the perfectly competitive firm is downward-sloping and the demand curve in the industry is horizontal.
true or false
The statement that the demand curve of the perfectly competitive firm is downward-sloping and the demand curve in the industry is horizontal is False.
The demand curve of a firm that is perfectly competitive is horizontal at the market price. As a result, every unit sold will result in it receiving the same price. The difference in total revenue from selling one more unit at the constant market price is the marginal revenue that the company receives.
No solitary unit is able to affect the price of the goods in a market with perfect competition because there are so many buyers and sellers dealing with the same kind of commodity.
Because any quantity may be sold at the same price under perfect competition, the demand curve is horizontal and completely elastic at the market price.
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7. FINC 302 is a long-term debt where the face amount of each bond is GH¢ 1,000. The coupon rate is 20% to be paid semi-annually. The 5-year risk-free rate is 20% p.a. It is estimated that the risk premium appropriate to company Y is 6 percentage points
The required rate of return is 26.00% whereas the WACC is 23.00%
What is required rate of return?
The required rate of return is the rate of return that investors expect from the stock based using the Capital Asset Pricing Model(CAPM) formula shown below:
required rate of return=risk-free rate+ risk premium
risk-free rate=20%
risk premium=6%
required rate of return=20%+6%
required rate of return=26.00%
What is WACC?
WACC means weighted average cost of capital is the sum of the cost of equity and the cost of debt multiplied by their respective weights in the firm's capital structure.
WACC=(required rate of return*weight of equity)+(cost of debt*weight of debt)
Note that there is an implicit assumption in this case that equity and debt have are 50%:50%
required rate of return=26%
cost of debt=coupon rate=20%
WACC=(26%*50%)+(20%*50%)
WACC=23.00%
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Complete question with requirement:
FINC 302 is a long term debt where face amount of each bond is GH¢ 1,000. The coupon rate is 20% to be paid semi annually. The 5-year risk free rate is 20% p.a. It is estimated that the risk premium appropriate to company Y is 6 percentage point.
Calculate the required rate of return and the WACC
Real is your boss and the treasurer of Free Cash Flow (FCF). She asked you to help her estimate the intrinsic value of the company's stock. FCF just paid a dividend of GHS 1.00, and the stock now sells for GHS 15.00 per share. Real asked a number of security analysts what they believe FCF's future dividends will be, based on their analysis of the company. The consensus is that the dividend will be increased by 10% during Years 1 to 3, and it will be increased at a rate of 5 5% per year in Year 4 and thereafter. Real asked you to use that information to estimate the required rate of return on the stock
The required rate of return is 12.97%
What is the required rate of return?
The required rate of return is the rate of return that investors expect from the stock based on its current price GHS 15.00 per share and its forecast dividends.
The stock price is the present value of future dividends discounted at the required rate of return, the unknown
The dividends for the next 3 years would grow at the rate of 10%
Year 1 dividend=1.00*(1+10%)
Year 1 dividend=1.10
Year 2 dividend=1.10*(1+10%)
Year 2 dividend=1.21
Year 3 dividend=1.21*(1+10%)
Year 3 dividend=1.331
Dividend in year 4 and thereafter(forever, that the terminal value) would grow at the rate of 5%
Year 4 dividend=1.331*(1+5%)
Year 4 dividend=1.39755
Terminal value=Year 4 dividend*(1+g)/(r-g)
g=terminal growth rate=5%
r=unknown return
terminal value=1.39755*(1+5%)/(r-g)
share price=1.10/(1+r)^1+1.21/(1+r)^2+1.331/(1+r)^3+1.39755/(1+r)^4+1.39755*(1+5%)/(r-g)/(1+r)^4
we need the value of r such that share price 15.00
Using a trial and error approach, I got 12.97%
share price=1.10/(1+12.97%)^1+1.21/(1+12.97%)^2+1.331/(1+12.97%)^3+1.39755/(1+12.97%)^4+1.39755*(1+5%)/(r-12.97%)/(1+12.97%)^4
share price=15.01
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The excess of cost over sales price of treasury stock should be debited to
Group of answer choices
Loss from Sale of Treasury Stock
Organizational Expenses
Gain from the sale of Treasury Stock
Paid-In Capital from Sale of Treasury Stock
The excess of cost over the sales price of treasury stock should be debited to loss from the Sale of Treasury Stock.
Formerly outstanding stock that has been repurchased and is now retained by the issuing business is known as treasury stock.
Treasury stock is a counter equity account since it lowers the overall shareholders' equity on a company's balance sheet.
The two ways for recording Treasury stock are the cost method and the par value approach.
Since the cost of the treasury is greater than the selling price of the stock.
This results in a loss on the sale of treasury stock.
Therefore, the loss is accounted for by debiting in accounting.
Hence, The excess of cost over the sales price of treasury stock should be debited to loss from the Sale of Treasury Stock.
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Julio receives utility from consuming food (F) and clothing (C) as given by the utility function . In addition, the price of food is $3 per unit, the price of clothing is $8
per unit, and Julio's weekly income is $50.
Part 2
What is Julio's marginal rate of substitution of food for clothing when utility is maximized? Explain.
Part 3
Julio's marginal rate of substitution equals
Julio's marginal rate of substitution equals is: 0.38, which is the price of food divided by the price of clothing.
Marginal rate of substitutionUsing this formula
Marginal rate of substitution=Price of food/Price of clothing
Let plug in the formula
Marginal rate of substitution=$3 per unit/$8 per unit
Marginal rate of substitution=0.375
Marginal rate of substitution=0.38 (Approximately)
Therefore Julio's marginal rate of substitution equals is: 0.38, which is the price of food divided by the price of clothing.
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5 Drag the tiles to the correct boxes to complete the pairs. Project manager Derek has to make a presentation about the significance of project management. Help him match the benefits of project management to their purposes. managing integration using knowledge managing quality involves capturing information for future use in other projects the value and performance of a product has to be kept within quality standards the project becomes chaotic, and its numerous activities need to be managed. the project needs to be integrated with business processes, systems,
Project Manager - Helps Businesses to Implement Technology
Project Manager- Business Development
Business Analyst - solutions for Particular Projects
What is Project Manager,Project Manager, Business Analyst ?
The Project Manager primarily helps the businesses to bring change in the business process or processes. The performance of technology is a difference in operation or functions so it is the main role of the Project Manager.
The marketing manager is responsible for bringing sales orders which is business development. Business development is all about generating sales.
The business analyst analyzes the problems and generates solutions for the business which helps best in solving them. There are multiple evolving issues that the business analyst cracks so it is the job of the business judge.
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Puvo, Incorporated, manufactures a single product in which variable manufacturing overhead is assigned on the basis of standard direct labor-hours. The company uses a standard cost system and has established the following standards for one unit of product:
Standard Quantity Standard Price or Rate Standard Cost
Direct materials 7.40 pounds $ 1.20 per pound $ 8.88
Direct labor 0.40 hours $ 49.50 per hour $ 19.80
Variable manufacturing overhead 0.40 hours $ 10.10 per hour $ 4.04
During March, the following activity was recorded by the company:
The company produced 4,000 units during the month.
A total of 21,000 pounds of material were purchased at a cost of $15,180.
There was no beginning inventory of materials on hand to start the month; at the end of the month, 5,220 pounds of material remained in the warehouse.
During March, 1,250 direct labor-hours were worked at a rate of $46.50 per hour.
Variable manufacturing overhead costs during March totaled $15,661.
The direct materials purchases variance is computed when the materials are purchased.
The variable overhead rate variance for March is:
The variable overhead rate variance for March for Puvo Incorporated is $3,036 Unfavorable.
What is the variable overhead rate variance?
The variable overhead rate variance calculates the difference between the actual variable overhead incurred and the standard variable overhead.
The standard variable overhead is the actual hours worked multiplied by the standard variable overhead rate.
Data and Calculations:Standard Quantity Standard Price or Rate Standard Cost
Direct materials 7.40 pounds $ 1.20 per pound $ 8.88
Direct labor 0.40 hours $ 49.50 per hour $ 19.80
Variable manufacturing
overhead 0.40 hours $ 10.10 per hour $ 4.04
Actual production = 4,000 units
Actual direct labor-hours = 1,250 DLHs
Actual variable overhead costs = $15,661
Variable overhead rate variance = actual variable manufacturing overhead - actual hours worked x standard variable overhead rate
= $15,661 - (1,250 x $10.10)
= $3,036 Unfavorable
Thus, the variable overhead rate variance for March for Puvo Incorporated is $3,036 Unfavorable.
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Money invested in emerging companies that investors believe has profit potential is
Money invested in emerging companies that investors has profit potential is venture capital.
what is venture capital?
venture capital is the amount that is invested in potential startup companies. It is a form of private equity and type of financing to startups and small businesses that have potential growth. venture capital is also known as risk capital. venture capital comes from prominent investors, investment banks, and other financial institutions. nowadays venture capital goes beyond financial investment, it provides expertise, advice, and opportunities. Venture capitalists can invest in a business at various stages of its growth. most venture capitalists make their investments during the seed and early stage of development.
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On the long-run aggregate supply curve,
The long-run aggregate supply curve shows the relationship between price level and real GDP.
What is the supply curve?It should be noted that the information is incomplete. Therefore, an overview will be given. The supply curve is a graphic representation of the correlation between the cost of a good or service and the quantity supplied for a given period.
In this case, in a typical illustration, the price will appear on the left vertical axis, while the quantity supplied will appear on the horizontal axis.
The long-run aggregate supply curve shows the relationship between price level and real GDP that would be supplied if all prices were fully flexible.
The position of the long-run aggregate supply curve is determined by the aggregate production function and the demand and supply curves for labor.
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