Alvis Construction Supply Company has a department that manufactures wood trusses (wood frames used in the construction industry). The following information is for the production of these trusses for the month of February:
Work-in-process inventory, February 1 4,000 trusses
Direct materials: 100% complete $10,480
Conversion: 20% complete $15,258
Units started during February 18,000 trusses
Units completed during February and transferred out 17,000 trusses
Work-in-process inventory, February 29
Direct materials: 100% complete
Conversion: 40% complete
Costs incurred during February
Direct materials $59,040
Conversion $92,092
Required:
Using the FIFO method, calculate the following:
1. Costs per equivalent unit.
2. Cost of goods completed and transferred out.
3. Cost remaining in the ending work-in-process inventory.
Answers
Answer:
Part 1
M = $3.28
C = $5.06
Part 2
$141,780
Part 3
$26,520
Explanation:
1. Costs per equivalent unit.
Step 1 ; Equivalent units
Materials = 4,000 x 0 % + 13,000 x 100 % + 5,000 x 100 % = 18,000 units
Conversion Costs = 4,000 x 80 % + 13,000 x 100 % + 5,000 x 40 % = 18,200 units
Step 2 : Cost per Equivalent units
Materials = $59,040 / 18,000 units = $3.28
Conversion Costs = $92,092 / 18,200 units = $5.06
Total = $3.28 + $5.06 = $8.34
2. Cost of goods completed and transferred out.
Cost of goods completed and transferred out = 17,000 trusses x $8.34 = $141,780
3. Cost remaining in the ending work-in-process inventory.
Ending work-in-process inventory = $3.28 x 5,000 + $5.06 x 2,000 = $26,520
Cost of manufacturing is the total cost incurred by the manufacturing unit or the entire department for the production of goods. It is classified into three main categories: direct material cost, direct labor cost, and manufacturing overhead.
Using the FIFO method, the answers are:
1. Cost per equivalent unit:
For the material is $3.28
For the conversion is $5.06
2. Cost of goods completed and transferred out is $141,780
3. Cost remaining in the ending work-in-process inventory is $26,520
Computations:
1. Cost per equivalent unit:
Material:
\(\begin{aligned}\text{Cost per equivalent unit}&=\frac{\text{Total Cost}}{\text{Equivalent Units}}\\&=\frac{\$59,040}{18,000\;\text{units}}\\&=\$3.28\end{aligned}\)
Conversion:
\(\begin{aligned}\text{Cost per equivalent unit}&=\frac{\text{Total Cost}}{\text{Equivalent Units}}\\&=\frac{\$92,092}{18,200\;\text{units}}\\&=\$5.06\end{aligned}\)
\(\begin{aligned}\text{Total cost per equivalent unit}&=\text{Cost per unit for material}+\text{Cost per unit for conversion}\\&=\$3.28+\$5.06\\&=\$8.34\end{aligned}\)
2. Cost of goods completed and transferred out:
\(\begin{aligned}\text{Cost of goods completed}&=\text{Units Completed}\times\text{Total Cost of equivalent units}\\&=17,000\;\text{trusses}\times\$8.34\\&=\$141,780\end{aligned}\)
3. Cost of remaining ending work in process inventory:
\(\begin{aligned}\text{Ending Work in Process Inventory}&=[\left( \text{Costs per equivalent unit for material}\times\text{Units}\right )\\&+\left( \text{Costs per equivalent unit for conversion}\times\text{Units}\right )]\\&=\left(\$3.28\times5,000\;\text{units}\right )+\left(\$5.06\times2,000\;\text{units} \right ) \\&=\$26,520\end{aligned}\)
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Related Questions
How would the U.S. government most likely react to a boom in the economy?
A. Lower taxes to make it easier for consumers and businesses to
spend money
B. Do nothing because the economy is functioning healthily
C. Increase government spending in order to stimulate the economy
D. Raise taxes to avoid out-of-control economic growth
SUBMIT
Answers
Explanation: More infrastractures and businesses would be built because of the “booming” economy, therefore more people would contribute as tax payers
Increase government purchases in order to stimulate the economy is the most likely way that the U.S. government would react to a boom in the economy. Thus, option C is correct.
What is boom i the economy?A "boom" in the economy generally refers to a period of rapid economic growth characterized by an increase in economic activity, such as rising employment, production, and spending. During a boom, businesses are thriving, consumers are spending money, and the overall economy is expanding.
Typically, a boom is marked by increasing consumer confidence, low unemployment rates, high levels of investment, and rising asset prices. However, booms can be unsustainable and may eventually lead to a bust or economic downturn, as excessive spending and speculation can create imbalances in the economy.
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Skysong Company began operations in 2025 and determined its ending inventory at cost and at LCNRV at December 31, 2025, and December 31, 2026. This information is presented below.
Cost Net Realized Value
12/31/25 $318,270 $296,260
12/31/26 440,430 422,800
(a) Prepare the journal entries required at December 31, 2025, and December 31, 2026, assuming inventory is recorded at LCNRV and a perpetual inventory system using the cost-of-goods-sold method.
(b) Prepare journal entries required at December 31, 2025, and December 31, 2026, assuming inventory is recorded at LCNRV and a perpetual system using the loss method.
Answers
The appropriate journal entries required at December 31, 2025, and December 31, 2026 is; Debit Cost of goods sold $22,010, Credit Allowance to reduce inventory to NRV $22,010 ; Debit Allowance to reduce inventory to NRV $4,380, Credit Cost of goods sold $4,380.
How to prepare the journal entry?Skysong Company Journal entries
a) December 31, 2025
Debit Cost of goods sold $22,010
Credit Allowance to reduce inventory to NRV $22,010
( $318,270 - $296,260 )
December 31, 2026
Debit Allowance to reduce inventory to NRV $4,380
Credit Cost of goods sold $4,380
[( $318,270 - $296,260 ) - ($440,430 - $422,800)]
b) December 31, 2025
Debit Loss due to decline inventory to NRV $29,000
Credit Allowance to reduce inventory to NRV $29,000
( $318,270 - $296,260 )
December 31, 2025
Debit Allowance to reduce inventory to NRV $4,000
Credit Recovery of Inventory loss $4,000
[( $318,270 - $296,260 ) - ($440,430 - $422,800)]
Therefore the entry at dec 31 2025 is to Debit Cost of goods sold with amount of $22,010 and to Credit Allowance to reduce inventory to NRV with the amount of $22,010.
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El 5 de diciembre se solicitó un préstamo por USD.275,000, negociado al 6.5%
de interés anual a un plazo de 5 años. Los pagos de capital e intereses se harán
mensualmente.
Answers
Yum! Brands, the parent company of KFC, has pursued an aggressive growth strategy in China. There are now more than 3,700 restaurants in 650 Chinese cities, and KFC has a 40 percent market share of the entire fast-food industry there. Yum! Brands China owns and directly manages about 90 percent of its Chinese stores, so it appears that the company prefers __________ in this market.
Answers
Answer:
Direct Investment
Explanation:
DIRECT INVESTMENT can be defined as an investment in which a company, organisation or business owner decide to venture into business with another country which is know as foreign business enterprise in order to acquire and obtain a controlling interest in the enterprise which is why DIRECT INVESTMENT is a way of controlling the ownership of a business in one country by an another entity which is based in another country.
Most Investors use the DIRECT INVESTMENT way to put money into a business operating in another country.
Therefore based on the information given the company prefers DIRECT INVESTMENT method which is why the parent company of KFC has more than 3,700 restaurants in 650 Chinese cities in which the Brands China owns and directly manages about 90 percent of its Chinese stores.
Hence this method is called the DIRECT INVESTMENT method .
17. Why is it important to identify the stakeholders of a business? In your own words
Answers
GL0302 (Algo) - Based on Problem 3-3A LO P1, P2, P3, P4, P5 King Technical Institute (KTI), a school owned by Robert King, provides training to individuals who pay tuition directly to the school. KTI also offers training to groups in off-site locations. Its unadjusted trial balance as of December 31, 2022, is found on the trial balance tab. KTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Descriptions of items a through h that require adjusting entries on December 31 follow. An analysis of KTI’s insurance policies shows that $2,800 of coverage has expired. An inventory count shows that teaching supplies costing $3,840 are available at year-end. Annual depreciation on the equipment is $3,600. Annual depreciation on the professional library is $6,600. On November 1, KTI agreed to do a special six-month course (starting immediately) for a client. The contract calls for a monthly fee of $2,600, and the client paid the first five months’ fees in advance. When the cash was received, the Unearned Training Fees account was credited. On October 15, KTI agreed to teach a four-month class (beginning immediately) for an executive with payment due at the end of the class. At December 31, $4,000 of the tuition has been earned by KTI. KTI’s two employees are paid weekly. As of the end of the year, two days’ salaries have accrued at the rate of $220 per day for each employee. The balance in the Prepaid Rent account represents rent for December.
Answers
A balance sheet lists the assets, liabilities, and shareholders' equity of a corporation at a particular period. One of the key records that go into a company's financial statements is this one.
What is equity?Equity is the sum of money invested in or owned by a company's owner. The difference between a firm's obligations and assets on its balance sheet indicates how much equity the company has.
The equity value is calculated using the share price or a value established by valuation specialists or investors. Owners' equity, stockholders' equity, and shareholders' equity are further names for this account.
The amount of money delivered to a company's shareholders if all of its assets were sold and all of its debts were settled is known as equity, sometimes known as shareholders' equity or owners' equity for privately held firms.
The worth of the company's income less any debts not included in the agreement in the case of an acquisition.
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Dulari, a single, member of the military. was stationed at Camp Pendleton, California. On July 1, 2022, her army company transferred her to Washington, DC, as a permanent duty station. Dulari was active duty for the entire year During 2022, she incurred and paid the following expenses related to the move:
Answers
1. Moving Expenses: Dulari paid for the transportation of her and her family's household goods from California to Washington, DC. This could include the cost of moving companies, truck rentals, packing supplies, and labor costs.
What is transportation?Transportation is the movement of people, goods or services from one place to another. It is a major part of modern society, enabling the efficient flow of goods and services, as well as providing access to opportunities and experiences.
2. Temporary Lodging: Dulari paid for temporary lodging while she was in transit from California to Washington, DC. This could include hotel, motel, and Airbnb stays.
3. Storage Fees: Dulari paid for storage fees for her household goods while she was in between moving from California to Washington, DC.
4. Travel Expenses: Dulari paid for her and her family's travel expenses from California to Washington, DC. This could include the cost of plane tickets, gas, and meals.
5. Meals and Incidentals: Dulari paid for her and her family's meals and incidentals while they were in transit from California to Washington, DC. This could include the cost of meals, snacks, and other miscellaneous items.
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SECTION A QUESTION 1 1.1 1.1.1 Which one of the following statements represents a function of the JSE? to choose between different share options Helps B Raises primary Serves Does not provide 112 The retum a C capital gain profit D 113 This form of investment Unit trusts Shares CRSA Retail Savings Bonds Fixed deposits 4000 by eno for pricing B 114 Inver who lend money to a company Decenture holder ging new investment in listed companies shares is called vestors mum amount of R1 000 to vested
Answers
For those seeking a secure investment with federally guaranteed assurances, savings bonds are an excellent choice. Investors are guaranteed a return of their principal and interest payments because to this guarantee. U.S. Savings Bonds are frequently used by investors to lower the risk in their portfolios.
The greatest savings bonds are those that adjust with inflation, are available in both paper and electronic forms, and may not be subject to federal taxes when used to fund education.
A fixed deposit is a financial product offered by banks or non-bank financial institutions that, up until the specified maturity date, offers investors a higher rate of interest than a typical savings account. It might or might not call for the creation of a different account.
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In a(n) ________, managers and employees from across the firm work to understand the firm's strengths and weaknesses.
Answers
Answer:
HR scorecards
Which of the following is the best example of integrity?
OA
Roger's boss takes 2-hour lunches. Roger tells no one.
OB.
Sandra's mistake on a report could be disastrous. She immediately reports the error even
O C.
Don believes it is okay to check his social media accounts at work since no one says it's wr
OD.
Andrea borrows $20 from the company's petty cash fund, which she intends to pay back.
Answers
Integrity is the discipline of being truthful and demonstrating a steadfast and unwavering adherence to high moral and ethical standards. Hence option B is correct .
What is Integrity ?Integrity is defined in ethics as being honest, true, or accurate in one's activities. Being judged by the standards of integrity entails viewing internal consistency as a virtue and recommends that parties holding internally apparent conflicts of values should explain the gap or change their ideas.
This is how integrity can be opposed to hypocrisy. The adjective integer, which means whole or whole in Latin, is where the word integrity first appeared. In this application, integrity refers to the internal sense of "wholeness" derived from traits like honesty and moral rectitude.
An individual is considered to have the virtue of honesty in ethics.if the person acts in accordance with a set of moral standards that are internally consistent. These rules must all consistently follow valid axioms or postulates of logic. When a person's behaviours, beliefs, techniques, measures, and ideals all stem from a single set of fundamental principles, that person is said to have ethical integrity.
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pls help me
include the following:
The name of the career
Some information you learned from your own research
Education a person needs to get this type of job
Skills a person needs to get this type of job
How people in this job use technology
The URL (web address) of the US Bureau of Labor Statistics website where readers can find more information
Answers
The name of the career - Computer engineering
The information I have learned on Computer engineering is that it is all about research, as well as design, making, and testing ofcomputer systems as well as its components.
The Education a person needs to get this type of job is: Bachelor's Degree
The Skills a person needs to get this type of job are:
Know a lot about programming languages, Know about secure coding.Know about software and hardware tech.CreativityInnovationThe people in this job use a lot of technology as they are actively involve in its production.
The URL (web address) of the US Bureau of Labor Statistics website where readers can find more information is: https://www.bls.gov/ooh/architecture-and-engineering/computer-hardware-engineers.htm
What should an IT engineer possess?A bachelor's degree in the subject is required to work as a computer engineer. Math, physics, and computer science are the most common subjects that students study.
To create solutions for various issues, these professionals require critical thinking abilities. To function effectively in a team, they also need strong communication skills.
Therefore, Being an information technology engineer requires you to be able to recognize complex issues and find the appropriate solutions. You need the capacity for critical thought, option analysis, and perfect solution generation to be able to solve problems.
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You are a newspaper publisher. You are in the middle of a one-year factory rental contract that requires you to pay $500,000 per month, and you have contractual salary obligations of $1,000,000 per month that you can’t get out of. You also have a marginal printing cost of $0.35 per paper as well as a marginal delivery cost of $0.10 per paper. Instructions: Enter your answers rounded to two decimal places.
a. If sales fall by 20 percent from 1,000,000 newspapers per month to 800,000 newspapers per month, what happens to the AFC per newspaper?
AFC per newspaper rises from $____ to $_____.
b. What happens to the MC per newspaper?
MC per newspaper does not change
c. What happens to the minimum amount that you must charge to break even?
it rises from $____ to $_____.
Answers
a. The AFC increases from $1.50 to $1.88 after the decrease in sales.
b. The Marginal Costs (MC) do not change.
C. It rises. The company needed to charge $1.85 per paper
How does one arrive these answers?The analysis of the answers go thus:
a. The average fixed cost (AFC) was $1.50, which equate the total fixed cost ($1.5 million) divide it by number of papers sold (1 million). By extension,
= $1,500,000/1,000,000).
Assume sales fall by 20% to 800,000 papers sold, the new AFC is $1.88.
= the total fixed cost divided by the new number of papers sold, = $1,500,000/800,000).
Thus, the AFC increases from $1.50 to $1.88 after the decrease in sales.
b. The marginal printing and marginal delivery costs are alike; as a result, marginal costs remains same.
c. To break even before the decline in sales, the company needed to charge enough to cover the AFC, $1.50, and the AVC, $0.35, which is the sum of the printing cost and delivery cost per paper. Thus, the company needed to charge $1.85 per paper. To break even after the decline in sales, the company needs to charge enough to cover the AFC, $1.88, and the AVC, $0.35, which is the sum of the printing cost and delivery cost per paper (note this does not change because the cost is per paper). Thus, the company needs to charge $2.23 per paper.
Therefore, the correct answer is as given above.
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On April 1 of Year 1, Respawn accepted a $12,000, 12-month, 10% note from a customer in granting a time extension on his past-due
account receivable. Respawn's year-end is December 31. Compute interest revenue recorded by Respawn in Year 1 and Year 2.
Year 1
Year 2
Interest Revenue
Answers
To calculate the interest revenue for year 1, we need to use the formula: Interest = Principle x Rate x Time
Principle = $12,000
Rate = 10% per annum
Time = 9/12 (Since the note was accepted on April 1 and year end is December 31, only 9 months have passed in year 1)
Therefore, Interest = $12,000 x 10% x 9/12 = $900
Respawn would record $900 as interest revenue in Year 1.
Year 2:
For Year 2, we need to calculate the interest based on the remaining 3 months of the note.
Principle = $12,000
Rate = 10% per annum
Time = 3/12 (Since only 3 months are remaining)
Therefore, Interest = $12,000 x 10% x 3/12 = $300
Respawn would record $300 as interest revenue in Year 2.
Note: In both years, the interest revenue would be recorded under the income statement as "Interest Revenue".
Leondra looks over her Algebra homework and says to herself ""I’m probably not going to be able to do this - I’m just not a math person."" Leondra is exhibiting a
Answers
Answer:
Fixed mindset
Explanation:
Mindset could be explained as an individual's psychological state which often transcends into how we perceive challenges, what we can do and what we can't. Usually the ability to solve a puzzle, face and conquer a challenge starts and ends with an individual's mindset as it is where either the strength to execute or depression to walkway is derived.
The growth mindset gives individuals who exhibit the trait the strength and morale to face challenges, instead of backing out without trying, they try to find ways of constantly improving at what seems difficult.
On the other hand, the fixed mindset which is what is exhibited by Leandro could be deemed as a rigid type of notion whereby an individual believes all he knows and all he can do are already fixed, hence anything aside those cannot be successfully executed this kind of individuals fail to try new challenges.
In its first year of operations Best Corp. had income before tax of $540,000. Best made income tax payments totaling $177,000 during the year and has an income tax rate of 30%. What was Best's net income for the year?
Answers
Answer:
$378,000
Explanation:
Best Corp. has income before tax of $540,000.
The tax rate is 30%. the amount of tax will be 30% of $540,000.
= 30/100 x $540,000
=0.3 x 540,000
=$162,000
Tax amount = $162,000.
Net income = Income before tax - tax amount
=$540,000 - $162,000
=$378,000
Preparing your business plan in _______ can result in a better plan.
The introduction should be written _______ so that you can fully convey the most important features.
Your _______ location will be included in your business plan.
Describing your _______ can reveal how well you’ve done your research.
Your mission statement will describe your business _______.
Answers
Preparing your business plan in a structured manner can result in a better plan.
The introduction should be written strategically.
Your physical location will be included in your business plan.
Describing your target market can reveal your research.
Your mission statement will describe your business purpose.
Preparing your business plan in a structured and systematic manner can result in a better plan.
By following a well-defined process and considering key elements, you can ensure that your business plan is comprehensive, well-researched, and effectively communicates your business concept and goals.
The introduction of your business plan should be written strategically and concisely so that you can fully convey the most important features of your business. It should provide a clear overview of your business idea, highlight its unique selling points, and capture the reader's attention.
A well-crafted introduction sets the tone for the rest of the plan and encourages the reader to continue reading with interest.
Your business plan should include your physical or geographical location. This is important for various reasons, such as understanding the local market dynamics, assessing competition, considering logistical factors, and analyzing the potential customer base in your specific area.
Including your location in the plan helps provide context and helps potential investors or stakeholders understand the market landscape in which your business operates.
Describing your target market in your business plan is crucial as it reveals how well you've done your research. A comprehensive analysis of your target market includes identifying your ideal customer profile, understanding their needs and preferences, evaluating market size and potential growth, and assessing competition.
Demonstrating a deep understanding of your target market not only showcases your knowledge but also enhances your credibility and ability to develop effective marketing and sales strategies.
Your mission statement will describe your business's purpose, values, and overall direction. It encapsulates your vision, goals, and the core principles that guide your business decisions and operations.
A well-crafted mission statement communicates your business's identity, its unique value proposition, and the impact it aims to create. It serves as a guiding compass for your business and helps align your team, attract customers, and differentiate your business from competitors.
In summary, preparing your business plan in a structured manner, writing a strategic introduction, including your location, describing your target market thoroughly, and crafting a compelling mission statement are all important elements that contribute to a better business plan.
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What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answers
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
Create a Logo and Protect It
Required Materials
Design software (slideshow presentation software, graphic design software)
Internet access
Online application
You and your best friend decide you would like to open a coffee shop. Create a sample logo, showcasing the name of your coffee shop. Determine the most appropriate way to protect your business name and logo through choosing the applicable intellectual property law.
Follow these steps to complete this activity. You will choose a name, create a logo with your preferred design program, and fill out a sample application for protecting your intellectual property.
Step 1: Create a name and relevant logo
Decide on a name for the coffee shop.
Using your preferred design program, create a relevant logo.
Step 2: Choose intellectual property law and do online research
Determine which intellectual property law applies to protecting names and logos.
Go online to your state’s government site.
Find applications to register and protect intellectual property.
Step 3: Complete the application
Download the appropriate application.
Fill it out as if you planned to submit it.
Answers
Create a name and logo for your coffee shop, choose trademark law for intellectual property protection, conduct online research, and complete a sample trademark application with accurate information and supporting documents.
Step 1: Create a name and relevant logo
Name: Choose a unique and distinctive name for the coffee shop, such as "Brew Haven Coffee Co."
Logo: Use graphic design software to create a visually appealing logo that reflects the essence of the coffee shop, incorporating elements like coffee beans, a coffee cup, or related imagery.
Step 2: Choose intellectual property law and do online research
Intellectual Property Law: Trademark law is the most appropriate form of intellectual property protection for business names and logos. It grants exclusive rights to use and protect distinctive names, logos, or symbols associated with goods or services.
Online Research: Visit your state's government website and search for the relevant trademark registration and protection information.
In the United States, the United States Patent and Trademark Office (USPTO) is responsible for trademark registrations. Explore their website to understand the registration process, requirements, and fees.
Step 3: Complete the application
Download: Visit the USPTO website (uspto.gov) and download the trademark application form (USPTO Form 1).
Fill out the application: Provide accurate and detailed information about your coffee shop's name, logo, and the goods or services associated with it. Include a specimen of the logo (such as a high-quality digital image) as required.
Submit: If you were planning to submit the application, follow the instructions provided by the USPTO for payment of fees and submission procedures.
Remember, this is a simplified explanation and process. It is advisable to consult with a legal professional specializing in intellectual property to ensure compliance with specific regulations and to maximize protection for your coffee shop's name and logo.
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11. Identify five products sold in shops around your home. (5mks) 12. Identify any five occupations found in your trading centre. (5mks) 13. Outline the role of division of labour and specialisation. (5mks)
Answers
Groceries, apparel, electronics, books, and home products are the five items that are sold in stores close to my house. Shop owners, salespeople, the cashiers, guards for safety, and dry cleaners are the five jobs present in my trading center.
The separation of tasks and functions inside a system to boost production and efficiency is referred to as the division of labour and specialization.
Specialization enables workers to concentrate on the stages of the production process where they have an advantage, increasing productivity and output. The separation of roles and duties within a system is made possible by the division of labour, which boosts production and efficiency.
As a result, the significance of the five products sold in shops around home are the aforementioned.
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select a business from any of three business sectors
Answers
A business from any three business sectors is industry. Businesses clearly differ in what they do.
Businesses are frequently classified according to their industry or sector. An industry is a group of businesses which are related in terms of their primary activity, such as car manufacturing or grocery sales. Smaller industries (such as car manufacturing) can be grouped to larger industry sectors (such as the manufacturing sector in general). An individual business is classified as belonging to a specific industry based on its primary activity.
As a result, this company would be classified as belonging to the automobile manufacturing industry rather than financial services.
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Credit Reports
Why is it important to check your credit history? Check all that apply.
to track my current debt
to determine whether I need a loan
to ensure that the information is correct
to monitor my credit score
Oto decide which bills to pay
to plan for future investments
Answers
It is important to check your credit history to
track my current debt
What is credit history?Credit history helps to show the record of individual transactions including how the person managed his or her credit. This include past transactions.
Therefore, It is important to check your credit history to track my current debt
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38. A log book used to record information about visitors who call in an organization is called A. Complimentary card B. Telephone directory C. Telephone pad D. Visitor's register E. Visitor's request form
Answers
A logbook used to record information about visitors who call in an organization is called an Option D. Visitor's Register.
A visitor's register is an essential tool for maintaining security and professionalism in a workplace. It helps in keeping track of the people entering and leaving the premises, which aids in monitoring the flow of visitors and ensuring their proper identification.
A visitor's register typically includes columns for the visitor's name, contact details, purpose of visit, time in, time out, and the name of the person they are meeting. This information is valuable in case any follow-up is required or for emergency situations where it's crucial to know who is on the premises.
In contrast, a complimentary card (A) is a business card exchanged during formal introductions. A telephone directory (B) is a listing of telephone numbers organized by name or business. A telephone pad (C) is a notepad used for taking messages or notes during phone calls, and a visitor's request form (E) may be a document required to be filled out by visitors for specific purposes or access.
In summary, a visitor's register (D) is the correct term for a log book used to record information about visitors who call an organization. It helps maintain security, monitor visitor flow, and ensure proper identification of guests. Therefore, the correct option is D.
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What principle of corporate governance requires companies to operate in ways that respect the social and legal relationships they have with employees and creditors, among others?
A. Interests of other stakeholders
B. Integrity and ethical behavior
C. Integrity and ethical behavior
D. Disclosure and transparency
Answers
Answer:B
Explanation:
What is the difference between final goods and intermediate goods?
Answers
A) Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use.
B) Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods.
Final goods and intermediate goods are terms used in economics to distinguish between different types of goods in the production process. Here's a breakdown of the difference between the two:
1. Final Goods:
Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use. These goods are ready for consumption and do not undergo further processing or transformation before reaching the final consumer. Examples of final goods include food products, clothing, electronics, furniture, and vehicles. Final goods are the end result of the production process and are intended for final consumption or use.
2. Intermediate Goods:
Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods. They are not intended for final consumption but are instead used as raw materials, components, or capital goods in the production process. Intermediate goods undergo further processing or transformation before being included in the final goods. Examples of intermediate goods include raw materials like steel or wood, components like circuit boards or engines, and machinery or equipment used in production.
The key distinction between final goods and intermediate goods lies in their purpose and stage in the production process. Final goods are produced for the ultimate satisfaction of consumers' needs and are ready for consumption, while intermediate goods are used in the production of other goods and undergo further processing.
It's important to note that when calculating a country's Gross Domestic Product (GDP), only the value of final goods is considered. Intermediate goods are excluded to avoid double-counting, as their value is already included in the final goods they contribute to. By focusing on final goods, GDP provides a measure of the value of goods and services produced for final consumption in an economy.
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Assume that a $1,000,000 par value, semiannual coupon U.S. Treasury note with five years to maturity (YTM) has a coupon rate of 3%. The yield to maturity of the bond is 8.80%. Using this information and ignoring the other costs involved, calculate the value of the Treasury note:
Answers
Answer:
$775,751
Explanation:
the effective semiannual rate = 1.088 = (1 + r)²
r = 4.3072%
we must first determine the present value of the face value = $1,000,000 / (1 + 4.3072%)¹⁰ = $655,927.02
now the present value of the coupon payments = $15,000 x [1 - 1/(1 + i)ⁿ ] / i = $15,000 x [1 - 1/(1 + 0.043072)¹⁰ ] / 0.043072 = $119,823.98
market price = $775,751
True or false many small businesses fail every year
Answers
Answer:false
Explanation:
George Hansen is General Manager for the Marigold Inn in Augusta, Georgia. Sharon Coombs is Restaurant and Food Services manager for the Inn. She reports to George. Two years ago, Sharon noticed a decline in room service business, the highest margin potion of her operation. This decline coincided with an increase in the national sales of pizza delivery and carryout firms as well as an increase in the number of empty pizza boxes from these firms being left in guest rooms in the Inn. Her immediate response was to install a pizza oven in the kitchen and offer room service pizza to guests. The effort met with modest success, though it was well below her expectations. Questionnaires completed by departing guests revealed a problem of product quality.
Focusing on this problem, Sharon improved the Inn’s pizza until blind tests judged it at least equal in quality to the products of the two major pizza delivery competitors in Augusta. Sales did not improve, convincing Sharon that the problem was a perceived mismatch between the hotel’s image and guests’ expectations of pizza makers. Guests simply did not seem to believe that the traditional steak and seafood restaurant at the Inn could make a high-quality, authentic pizza.
Based on this conclusion, Sharon presented the following proposal to George:
"Sales of room service pizza are stagnant due to guests’ misperception that our product is lower in quality than that of competitors. This misperception is based on the belief that until we disassociate our pizza from the Marigold Inn name. Therefore, to capture more room service pizza business, we should create a ‘Napoli Pizza’ image for our guest room delivery service by:
Preparing ‘Napoli Pizza’ brochures for each guest room, complete with a phone number with a prefix different from that of Marigold Inn. The number will reach a special phone in room service, which will be answered, ‘Napoli Pizza, authentic Italian pizza from old, family recipes.’
Using special ‘Napoli Pizza’ boxes for delivering room service pizza to guests.
Issuing ‘Napoli Pizza’ hats and jackets to room service personnel for use in pizza delivery. Room service waiters and waitresses will wear these garments to deliver pizza. They will change to their regular uniforms for other deliveries.
Answers
Answer:
Correct Answer:
1. Preparing ‘Napoli Pizza’ brochures for each guest room, complete with a phone number with a prefix different from that of Marigold Inn. The number will reach a special phone in room service, which will be answered,
Explanation:
This is the best logical suggestion to George because, the guests already had the impression that, the inn cannot be able to produce a very high quality and tasty pizza. Preparing "Napoli Pizza" with different information from the Inn is best alternative. the guest would believe that, the pizza is coming from another quality pizza making company.
A firm issues six-month commercial paper with $500,000 face value and receives $488,000. What is the EAR the firm is paying for these funds? Group of answer choices
Answers
Answer:
5.03%
Explanation:
In order to compute the effective annual rate on the commercial paper,we need to first of all establish the interest rate in the six-month instrument
interest=($500,000-$488,000)/$488,000=2.46%
Effective annual rate=(1+2.46% /6)^12-1
By dividing by six, we are reducing the rate to monthly terms
By raising to the power of 12 we are converting from a monthly rate to yearly rate
Effective annual rate=5.03%
What are the top 5 mortgage brokers in Sydney?
Answers
Here are some top mortgage brokers in Sydney: Aussie Home Loans, Mortgage Choice, Smartline Personal Mortgage Advisers, Loan Market, and Mortgage House.
1. Aussie Home Loans: With over 25 years of experience in the industry, Aussie Home Loans has established itself as one of the most trusted and reliable mortgage brokers in Sydney. They have a team of expert brokers who can help you find the right home loan that suits your needs.2. Mortgage Choice: Mortgage Choice is another popular mortgage broker in Sydney that can help you find the right home loan to suit your budget and requirements. They have access to a wide range of lenders, which means they can help you find the best deal available.3. Smartline Personal Mortgage Advisers: Smartline is a leading mortgage broker in Sydney that provides personalized advice and support to help you find the right home loan. They have a team of experienced brokers who can guide you through the home loan process from start to finish.4. Loan Market: Loan Market is another popular mortgage broker in Sydney that provides a range of home loan options to suit your needs. They have a team of brokers who can help you find the best deal available from a range of lenders.5. Mortgage House: Mortgage House is a Sydney-based mortgage broker that can help you find the right home loan to suit your budget and requirements. They offer a range of home loan options, including fixed and variable rate loans, low deposit loans, and more.In summary, these are some of the best mortgage brokers in Sydney that you can consider for your mortgage needs. When choosing a mortgage broker, it's important to consider their experience, reputation, and range of services offered to ensure that you get the best deal possible.For more questions on mortgages
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You need some money today and the only friend you have that has any is a miser. He agrees to loan you the money you need, if you make payments of $30 a month for the next six months. In keeping with his reputation, he requires that the first payment be paid today. He also charges you 2 percent interest per month. How much total interest is he charging?
Answers
Answer:
$8.6
Explanation:
Calculation for How much total interest is he charging
First step is to calculate the present value (PV) using financial calculator by using this formula
PV=PV(Rate,Nper,PMT,FV,Type)
Rate represent Interest Rate
Nper represent Period
PMT represent Payment
FV represent Future Value
Type = 1 which represent the annuity due reason been that the 1st payment is to be made today
Let plug in the formula
Rate = 2%
Nper = 6
PMT = $30
FV = 0
Type = 1
Hence,
PV = PV(2%,6,30,0,1)
PV= $171.40
Since we have known the PV the last step is to calculate the total interest
Using this formula
Total interest =( PMT*Nper)-PV
Let plug in the formula
Total interest = ($30*6) - $171.40
Total interest = $180 - $171.40
Total interest = $8.6
Therefore the amount of the total interest he will be charging is $8.6
Answer:
$8.6
Explanation:
I/Y = Rate = 2.0
PMT = -$30
N = 6
Future Value = $0.00
First we need to set the calculator to annuity due and calculate the CPT PV. We get the Value of loan, $171.40
Interest payment = PMT x 6 - Present value of loan
Interest payment = $30*6 - $171.40
Interest payment = $180 - $171.40
Interest payment = $8.6
Thus, the total interest he is charging is $8.6