A- The amount of goodwill recognized on initial consolidation of the Legal Entity is $30,000 and the B- gain on initial consolidation of the Legal Entity is $345,000 with a positive sign, indicating a gain on initial consolidation of the Legal Entity.
a. Goodwill: To calculate goodwill, we first need to determine the total consideration paid by the Reporting Company for the Legal Entity. This includes the cost of the previously held 15 percent interest ($45,000) and the cost of the additional 30 percent interest ($180,000), for a total consideration of $225,000.
The fair value of the previously held 15 percent interest on January 1, 2019, was determined to be $90,000. Therefore, the fair value of the additional 30 percent interest is $135,000 ($225,000 total consideration - $90,000 fair value of previously held interest).
The fair value of the noncontrolling interest is $330,000, which represents 55 percent of the fair value of the Legal Entity. Therefore, the fair value of the Legal Entity is $600,000 ($330,000 / 55% = $600,000).
The Legal Entity has identifiable net assets with a fair value of $570,000, which represents 95 percent of the fair value of the Legal Entity ($600,000 x 95% = $570,000). Therefore, the implied fair value of goodwill is $30,000 ($600,000 fair value of Legal Entity - $570,000 fair value of identifiable net assets = $30,000).
Thus, the amount of goodwill recognized on initial consolidation of the Legal Entity is $30,000.
b. (Gain) Loss on initial consolidation of Legal Entity:
To determine the gain or loss on initial consolidation, we need to compare the total consideration paid by the Reporting Company to the fair value of the identifiable net assets of the Legal Entity.
The total consideration paid by the Reporting Company for the Legal Entity is $225,000.
The fair value of the identifiable net assets of the Legal Entity is $570,000.
Therefore, the gain on initial consolidation of the Legal Entity is $345,000 ($570,000 fair value of identifiable net assets - $225,000 total consideration paid). Since the gain is positive, the answer is $345,000 with a positive sign, indicating a gain on initial consolidation of the Legal Entity.
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how much has the cost of college increased since 1980
The cost of college education in the United States has significantly increased since 1980, outpacing inflation and creating concerns about affordability and accessibility.
The cost of college education in the United States has increased significantly since 1980. Several factors have contributed to this rise, including inflation, changes in government funding, and increasing operating expenses for colleges and universities. While specific costs can vary depending on the institution and the type of degree pursued, I can provide you with some general trends.
According to data from the National Center for Education Statistics (NCES), the average cost of tuition and fees at public four-year institutions for the 1980-1981 academic year was approximately $2,100 (in current dollars). By the 2020-2021 academic year, the average cost had increased to around $10,560.
For private nonprofit four-year institutions, the average cost of tuition and fees was roughly $5,700 in the 1980-1981 academic year. By the 2020-2021 academic year, it had risen to approximately $37,650.
It's important to note that these figures represent average costs and don't account for room and board expenses, textbooks, or other personal expenses associated with attending college. Additionally, these figures are in current dollars, which means they have not been adjusted for inflation. When adjusting for inflation, the increase in college costs is even more pronounced.
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A reference value involves a. comparing the costs and benefits of items from one particular manufacturer or distributor. b. products with which a consumer is familiar and items the consumer has not seen or used before.c. items of equal or greater value. d. substitute items.
Complete Question:
A reference value involves comparing the costs and benefits of?
Answer:
d. substitute items.
Explanation:
A price elasticity of demand can be defined as a measure of the responsiveness of the quantity of a product demanded with respect to a change in price of the product, all things being equal.
Mathematically, the price elasticity of demand is given by the formula;
\( Price \; elasticity \; of \; demand = \frac {Percentage \; change \; in \; price}{Percentage \; change \; in \; demand} \)
The demand for goods is said to be elastic, when the quantity of goods demanded by consumers with respect to change in price is very large. Thus, the more easily a consumer can switch to a substitute product in relation to change in price, the greater the elasticity of demand.
Generally, consumers would like to be buy a product as its price falls or become inexpensive.
Hence, a reference value involves comparing the costs and benefits of items substitute items.
A substitute item can be defined as a product (item) that a consumer sees as an alternative to another product (item) and as such would offer similar benefits or satisfaction to the consumer.
For substitute products (items), the cross-price elasticity of demand is always positive because the demand of a product increases when the price of its close substitute (alternative) increases.
which statement best describes the sec rules relating to bookkeeping services? a. bookkeeping services are permitted if the individuals performing these services do not also perform the audit
The statement best describes the SEC rules relating to bookkeeping services is an accountant generally cannot provide bookkeeping services to an SEC audit client.
The practice of regularly documenting your company's financial activities into arranged accounts is known as bookkeeping. It may also be used to describe the many recording methods that companies may employ.
A bookkeeper will make sure that all of a company's accounts are correct and current. Additionally, they will periodically report on those accounts so the owners and management are aware of their financial situation. Additionally, tidy accounts make it simple for accountants to intervene and handle their duties at the conclusion of the financial year.
To track income and spending as effectively as possible, a corporation must employ three different forms of accounting. Cost, management, and financial accounting are some of them.
The given question is incomplete, the complete question is:
Which statement best describes the SEC rules relating to bookkeeping services?
a. Bookkeeping services are permitted, as long as the individuals performing these services are not the same individuals performing the audit.
b. Bookkeeping services are permitted if the fees from these services are insignificant relative to the audit fees.
c. Bookkeeping services are permitted if the client agrees in writing to accept responsibility for the adequacy of these services.
d. An accountant generally cannot provide bookkeeping services to an SEC audit client.
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Which of the following is most likely to create a long-term trend?
A. Fashion
B. Entertainment
C. Television shows
D. Demographics
Demographics is most likely to create a long-term trend. Demographics is the study of the characteristics of human populations, such as age, sex, education, income, and race. The correct answer is option D.
These factors have a significant impact on consumer behavior, and thus, they can create long-term trends in the marketplace. As people age, their preferences change, and they tend to consume different products and services. For example, as the baby boomer generation has aged, there has been a trend towards products and services that cater to their needs, such as retirement communities, healthcare, and leisure activities.
Additionally, changes in education, income, and race can create new trends in consumer behavior. For example, if there is an increase in the number of people with higher education degrees, this could lead to a trend towards products and services that cater to their needs, such as high-tech gadgets, gourmet foods, and luxury vacations. Therefore, demographics is most likely to create a long-term trend. The correct answer is option D.
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An indication of riskier loans made by Countrywide included all of the following except:
a. an increase in the percentage of fixed-rate loans.
b. an increase in the percentage of 80/20 loans.
c. an increase in the percentage of subprime loans.
d. an increase in the percentage of undocumented loans.
The correct option is A. An indication of riskier loans made by Countrywide included all of the following except an increase in the percentage of fixed-rate loans. It is not fixed-rate loans that are risky, rather it is variable-rate loans that are riskier.
Countrywide is a California-based home loan provider. They grew to become the country's largest home loan provider by 2006, under the direction of Angelo Mozilo. Countrywide was accused of making bad loans and then attempting to sell them to other lenders or investors in the years leading up to the mortgage crisis of 2007-2008. Countrywide was bought by Bank of America for $2.5 billion in 2008, following the financial crisis. Countrywide had a significant impact on the financial crisis of 2008. Countrywide's actions led to a significant number of foreclosures and the eventual collapse of the housing market. Countrywide created a lot of loans, with the majority of them being subprime loans. Subprime loans are given to people who have poor credit scores and are unable to qualify for traditional loans. These loans typically have higher interest rates to account for the risk.
When the housing market started to collapse in 2006, many subprime borrowers were unable to pay their loans, leading to a large number of foreclosures. Aside from subprime loans, Countrywide also made undocumented loans, which are loans given to borrowers without proper documentation to support their ability to repay. These undocumented loans resulted in even higher default rates than subprime loans. There was also an increase in the percentage of 80/20 loans. These loans involve a borrower taking out two mortgages, one for 80% of the home's value and another for 20%. The 20% mortgage would typically have a higher interest rate and shorter repayment term, making it a riskier loan than the 80% mortgage.
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Payroll Statement Definition
A payroll statement is a list that contains details of the salaries and the wages paid out to the employees of an organization for a specific period of time. The list of employees, the amounts paid out to them, and the deductions made would ideally be included in a payroll statement.
A payroll statement is a list that includes information on the wages and salaries given to employees of an organisation for a specified time period.
The ideal payroll statement would contain the list of employees, the sums paid to them, and the deductions made. A Payroll Statement typically contains information about the employees of an organisation. Various payroll elements paid to all employees are tabulated on a payroll statement.
It can be organised by department, place, title, etc. The employee number, department, or cost centre can be used to sort the payroll statement. The Payroll Statement report can be used to create a report for a particular Pay Head or Ledger.
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Suppose an unregulated natural monopoly becomes regulated using marginal cost pricing. As a result, the firm's profits would Group of answer choices increase substantially. decrease substantially, but remain positive. be brought down to zero. become negative.
Answer:
you queastioncove its better
Explanation:
when deciding to lease a new cutting machine or continue using the old machine, the irrelevant cost is:
When deciding to lease a new cutting machine or continue using the old machine, the irrelevant cost is $10,000, the selling price of the old machine. Therefore, the correct answer is option a.
This is because the selling price of the old machine is a sunk cost, meaning it has already been incurred and cannot be recovered regardless of the decision to continue using the old machine or to lease a new one.
Therefore, it should not be considered in the decision-making process. The relevant cost in this scenario is the annual savings in operating costs if the new machine is purchased, which is option (d) $3,000. This is because it represents the additional cost or savings that would result from choosing one option over the other.
The cost of the new machine, option (b) $20,000, is also relevant because it represents the additional cost of leasing a new machine compared to continuing to use the old one. By considering only the relevant costs, the decision maker can determine which option would be more financially beneficial for the company.
In this case, if the annual savings in operating costs from leasing the new machine exceeds the additional cost of leasing it, then it would be the more financially beneficial option. Otherwise, continuing to use the old machine would be the better choice.
In summary, the irrelevant cost in this scenario is the selling price of the old machine, while the relevant costs are the cost of the new machine and the annual savings in operating costs. Therefore, the correct answer is option a.
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Complete Question:
When deciding to lease a new cutting machine or continue using the old machine, the irrelevant cost is __. Explain in 180 words with the summary.
a. $10,000, the selling price of old machine
b. $20,000, cost of new machine
c. $50,000, cost of old machine
d. $3,000, annual savings in operating costs if the new machine is purchased
the direct write-off method is used for tax purposes but is generally not permitted for financial reporting. true or false?
True, the direct write-off method is used for tax purposes but is generally not permitted for financial reporting.
Direct write-off method occur when account receivable uncollectible are written or recorded as bad debt and this occur when the money a company is expecting to receive from their customers or clients are uncollectible because the customer did not pay.
Direct write-off method is used for tax purposes because bad debt expense is recorded based on uncollectible amount which is the amount a company is not expecting to receive from their debtors.
This method is not in accordance with the Generally accepted accounting principles which is why it is generally not permitted for financial reporting.
Inconclusion True, the direct write-off method is used for tax purposes but is generally not permitted for financial reporting.
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Impact on substantive procedures Carringbush Ltd is a large listed company which makes small electrical appliances. It is late April 2005 and you are currently planning the 30 June 20x5 audit. The auditor's report is due to be signed on 20 August 2005. During your planning, the following independent and material situations come to your attention: 1. On 1 January 20X5, Carringbush signed a 3-year contract with PK Pty Ltd for the supply of cardboard packing boxes for its entire range of products, PK was selected as an exclusive supplier after an exhaustive tender process. One of PK's two directors is Ms M, the wife of one of Carringbush's directors, Mr M. Company minutes reveal that Mr M did not take part in either the preparation of the tender documents or the selection of the successful tenderer. You note that details of this contract were omitted from the preliminary list of related party transactions supplied to you by the financial controller. 2. Carringbush introduced a new system for the control of inventory on 1 January 20X4. The company performed extensive testing on this new system and management was convinced that it was operating effectively. This system has a utility that can produce many specialised reports for internal use by management. The system is a perpetual inventory system; management decided that a year-end stocktake would no longer be required and instead decided to perform monthly cyclical counts to ensure the system was functioning correctly. produce many specialised reports for internal use by management. The system is appeal istory den, mugment decided that a year end stocktake would no longer be required and instead decided to perform monthly cythead us to ensure the system was functioning correctly. 3. During the year ended 30 June 20X4, Carringbush changed several of its accounting policies. One of the policies changed was accounting for employee entitlements. The effect on the 30 June 20X4 financial statements was immaterial and so it was not disclosed, although it was expected to have a material effect in subsequent years. The financial controller is new to the company and appears to be unaware that recent changes have occurred in accounting policies. 4. In 20X3, Carringbush introduced a 'budget buster' range of small electrical appliances. The range was introduced to recapture the lower end of the appliance market, which Carringbush was slowly losing to cheaper imported products. Over the last 2 years, Carringbush began receiving reports that some budget buster electric kettles had been giving their users small electric shocks. Some of these kettles are still covered by warranty.
Required :Discuss how your audit plan and audit approach would be affected as a result of each item. (5 marks each) Where possible, relate the effects noted to specific financial statement assertions
The audit plan and approach would be affected by the omission of the contract with PK Pty Ltd from the preliminary list of related party transactions.
The auditor should investigate the nature of this transaction and evaluate whether it was conducted on an arm's length basis. The auditor should also assess if any additional related party transactions exist and if they have been properly disclosed. This impacts the completeness assertion of the financial statements, as the omission of material related party transactions could result in an incomplete representation of the company's financial position and performance. The decision to rely solely on the perpetual inventory system and forgo the year-end stocktake has implications for the audit plan. The auditor should review the design and effectiveness of the transactions inventory system, including the accuracy of input data, system controls, and reconciliations.
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what is equal billing and how can it help you when creating your monthly budget?
Answer:
a check book
Explanation:
it keep everything down
Equal billing, which divides the cost of a service or product equally between two or more parties, can be useful when making a monthly budget because it enables you to precisely estimate and budget for your spending.
What is Budget?A budget refers to making financial planning for the expenses that are going to occur and controlling the spending of an individual. The budget gives an estimate of the expenses.
Equal billing can help you in eliminating arguments or disagreements about who is responsible for a service or product with other parties. You can prevent any potential disputes or problems by agreeing to split the cost equally.
By doing this, you can prevent unanticipated expenditures and make sure you have enough money to pay for all of your necessary bills.
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why do individual, business and nations make choices?
Answer: Since consumers' resources such as time, attention, and money are limited, they must choose how to best allocate them by making tradeoffs. ... When scarce resources are used (and just about everything is a scarce resource), people and firms are forced to make choices that have an opportunity cost
PLEASE HELP!
Describe ways in which an individual can create opportunities that may lead to the perfect job
Answer:
Identify with Your Goals, Build a Professional Resume, Become Aware of Your Strengths, Assume Full Responsibility for Your Life, Always Raise Your Standards, Brand Yourself, and Network
Explanation:
What is Newtons law on gravity?
the amount by which retained earnings changes is obtained by subtracting A) any dividends to be paid for that year from net income.
B) net income from EBIT.
C) taxes from EBIT.
D) interest expense from EBIT.
E) EBIT from CGS.
The amount by which retained earnings changes is obtained by subtracting any dividends to be paid for that year from net income.
Retained earnings represent the accumulated profits that a company has retained over time rather than distributing them to shareholders as dividends. It is an important component of the company's equity and reflects the portion of net income that is reinvested back into the business.
When a company generates net income, it has the option to distribute a portion of it as dividends to shareholders. Dividends are a way for companies to distribute profits to their owners. However, not all net income is paid out as dividends. The remaining portion, after deducting dividends, is added to the retained earnings account.
By subtracting the dividends to be paid for the year from the net income, we can determine the change in retained earnings. If the company pays out dividends higher than its net income, it will result in a decrease in retained earnings. Conversely, if the dividends paid are lower than net income, it will lead to an increase in retained earnings.
Therefore, the correct answer is A) any dividends to be paid for that year from net income, as it accurately captures the relationship between net income, dividends, and the change in retained earnings.
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Suppose it takes 3.2 DM francs to buy 1 U.S. dollar. The direct exchange rate on dollar is:
Multiple Choice
a. .3125.
b. .4550.
c. 2.20.
d. 3.20.
The direct exchange rate of dollars is 0.3125 when it takes 3.2 DM francs to buy 1 US dollar.Direct exchange rate refers to the rate of exchange which includes exchanging the currency of one nation with the currency of another nation.
It is also referred to as the spot exchange rate. It is the actual value of one currency in terms of another currency, as traded on the foreign exchange market. It varies from time to time, influenced by factors such as government policies, demand, and supply.The exchange rate can be calculated by the formula:
Exchange rate = (Price of base currency / Price of the counter currency)Thus, the exchange rate of USD in DM francs = (1 / 3.2) = 0.3125Therefore, the direct exchange rate of dollars is 0.3125 when it takes 3.2 DM francs to buy 1 US dollar. Therefore, the correct option is A) .3125.
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Senior managers engage in ______ when they structure the organizational relationships to work cooperatively to achieve goals.
The thing which senior managers engage in when they structure the organizational relationships to work cooperatively to achieve goals is:
Efficiency and Effectiveness.What is Efficiency?This refers to the ability to perform a task or tasks quickly, accurately and with minimal error.
With this in mind, we can see that when senior managers prioritize efficiency and effectiveness in their organizational structure, then they would easily accomplish goals.
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suppose that two factors have been identified for the u.s. economy: the growth rate of industrial production, ip, and the inflation rate, ir. ip is expected to be 4%, and ir 3.5%. a stock with a beta of 2.0 on ip and 1.2 on ir currently is expected to provide a rate of return of 17%. if industrial production actually grows by 5%, while the inflation rate turns out to be 5.6%, what is your revised estimate of the expected rate of return on the stock? (do not round intermediate calculations. round your answer to 1 decimal place.)
The value of revised estimate is 18.6 %.
What is meant by unanticipated?When the initial sanctioned estimate is anticipated to increase by more than 5% as a result of changes in the amount of material or rates, this document is created. It is a brand-new, comprehensive estimate for the extra work in addition to the initial estimate. It is necessary when additional development is needed as work is being done.
The final budget, also known as the original budget adjusted for all reserves, carryover funds, transfers (virement), allocations, supplemental appropriations, and other authorized legislative or similar authority changes applicable to the budget period, is known as the "revised estimate"; Samples 1 and 2.
Given Information
Old rate of return = 17%
Unexpected changes in factors = 2.0 and 1.2
Sensitivity coefficients = 2.0
Solution
Revised estimate = 17% + [(1 x 1) + (0.2 x 1.)] = 18.6%
Therefore the revised estimate value is 18.6%
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Which of the following statements best characterizes the bottom line of security for e-commerce?
A) Good security is expensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.
B) Good security is inexpensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.
C) Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.
D) Good security is inexpensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.
Answer:
Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure. C
Explanation:
Why’s are payroll withholding and estimated tax useful
Answer:
it is actually "They make sure people aren't surprised by how much they owe for the year all at once." i just took the quiz
Explanation:
Which of the following individuals is using stress management techniques?
A.
Preston gets really stressed if he gets behind so he will occasionally stay late after work in order to stay on schedule.
B.
Emily used to get really nervous asking her boss questions, but then she changed her perception when she realized her boss appreciates her asking questions.
C.
Zach always plays basketball with co-workers after they have a stressful day.
D.
All of the above
Answer:
C because zach is demonstrating a task he can do to release some stress
Explanation:
If its really not C which it should be, then try D :)
Violet Inc. has been undertaking a lot of responsibilities as a company in order to be the best in its industry. Over time, however, these responsibilities become tough to handle and the company finds it difficult to efficiently manage the time and effort to perform its activities. In contrast, other firms in the industry that outsource some of their activities to smaller companies find it easier to generate more profit than Violet Inc. The situation faced by Violet Inc. in this example illustrates one of the important disadvantages of vertical integration that is _________.
A. loss of focus
B. loss of flexibility
C. loss of frequency
D. loss of facility
Which of the following three situations is least likely to occur at the same time as the other two situations? Why?
1) Real GDP is less than potential GDP.
2) An economy in a strong, 5-year expansion.
3) An unemployment rate above the natural rate of unemployment.
Answer: I'm going to take a guess and say 1 and 3.
Explanation: Just taking a guess.
an insurance company that sells or administers an insurance contract is also known as the
An insurance company that sells or administers an insurance contract is also known as the insurer or the insurance carrier. The insurer is the entity that provides insurance coverage to individuals or organizations in exchange for premiums.
They are responsible for assessing risks, underwriting policies, collecting premiums, and paying out claims in accordance with the terms and conditions of the insurance contract. The insurer plays a crucial role in the insurance industry by assuming the financial risks associated with potential losses of policyholders. They pool premiums from many policyholders to create a fund that can be used to pay for claims when they arise. Insurers use actuarial methods to calculate premiums based on the probability of potential losses and the overall risk profile of the insured individuals or entities.
Insurance companies operate under regulatory frameworks and must comply with specific guidelines and requirements to ensure the protection of policyholders and maintain the stability of the insurance market. They offer a wide range of insurance products, including life insurance, health insurance, property insurance, liability insurance, and more.
Overall, the insurer is the key entity involved in the insurance process, providing coverage, managing risks, and fulfilling contractual obligations to policyholders.
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Mr. Chopra decides to sell his business shares to the public to acquire additional finance. Under which component in the balance sheet should Mr. Chopra show the money he obtained from the shareholders?
When Mr. Chopra sells his business shares to the public and acquires additional finance, the money obtained from the shareholders should be shown under the "Equity" component in the balance sheet.
The component in the balance sheet should Mr. Chopra show the moneyEquity represents the ownership interest in a company, and it includes the funds contributed by shareholders in exchange for shares of the company's stock. When shares are sold to the public, the proceeds from the sale increase the equity of the business. This is typically reflected as "Share Capital" or "Common Stock" in the equity section of the balance sheet.
By showing the money obtained from the shareholders in the equity section, Mr. Chopra can accurately represent the ownership stake and financial position of the company.
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Aden is a small engine mechanic who earns a regular hourly rate of $15.68. For overtime, he earns time and a half on Saturdays and double time on Sundays. This week he worked his regular 40 hours plus 8 hours on Saturday and 7 hours on Sunday. What’s his total pay?
Answer:
$1,034.88
Explanation:
Aden total pay will be
regular hours worked x regular pay
=40 hrs x $15.68
=$627.2
Overtime hours
Saturday rate :$15.68 x 1.5 =$23.52
Hours worked on Saturday= 8 hrs
Saturday pay = $15.68 x 8
=$188.16
Sunday rate : $15.68 x 2= $31.36
Hours worked on Sunday = 7
Sunday pay = $31.36 x 7
=$219.
Total pay =$627.2 + $188.16 +$219.52
=$1,034.88
identify whether each of the following events poses an adverse selection problem or a moral hazard problem in financial markets.a. a manager of a savings and loan association responds to reports of a likely increase in federal deposit insurance coverage. she directs loan officers to extend mortgage loans to less creditworthy borrowers.b. a loan applicant does not mention that a legal judgment in his divorce case will require him to make alimony payments to his ex-wife.c. an individual who was recently approved for a loan to start a new business decides to use some of the funds to take a hawaiian vacation.
a) In scenario a. adverse selection takes place. b) In scenario b. moral hazard problem occurs and c) In scenario c. also moral hazard problem takes place in the financial markets.
a. The manager of a savings and loan association directing loan officers to extend mortgage loans to less creditworthy borrowers in response to likely increase in federal deposit insurance coverage is an adverse selection problem. Adverse selection occurs when one party in a transaction has more information than the other party, resulting in the second party facing a higher risk than anticipated.
b. The loan applicant not mentioning the legal judgment requiring alimony payments to his ex-wife is a moral hazard problem. Moral hazard occurs when one party in a transaction takes additional risks because they are insulated from the consequences of their actions. In this case, the loan applicant has an incentive to not disclose the legal judgment because it could reduce his chances of getting the loan or increase the interest rate.
c. The individual who was recently approved for a loan to start a new business using some of the funds to take a Hawaiian vacation is also a moral hazard problem. In this case, the borrower has been granted funds for a specific purpose, but is using some of the funds for personal reasons. This behavior increases the risk for the lender as it could mean the borrower is not using the funds as intended and may not be able to repay the loan.
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for most businesses, the period of time used to determine whether an asset or liability is current is
Answer:
For most businesses, the period of time used to determine whether an asset or liability is current is typically one year. This means that assets or liabilities that are expected to be converted into cash, sold, or consumed within the next 12 months are considered current. Current assets include items such as cash, accounts receivable, and inventory. Current liabilities include items such as accounts payable, short-term loans, and taxes payable. It's important to note that different industries may have different time periods to determine current assets and liabilities, and also some companies have different accounting methodologies that can change the time frame.
Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Explanation:
to eliminate their best efforts in the company
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
Stephen owns a chemical plant. He is glad that his primary stakeholders are satisfied with the company's growth. However, he is concerned about pleasing the secondary stakeholders. How can he ensure the welfare of secondary stakeholders?
Answer: D. use a manufacturing process that is compliant with all state and federal regulations.
Explanation:
The options to the question are:
a. pay less taxes
b. substitute the existing labor power with machines
c. double the output of the manufacturing process by asking workers to work overtime
d. use a manufacturing process that is compliant with all state and federal regulations
e. organize picnics for employees
Since Stephen wants to ensure the welfare of secondary stakeholders, he should use a manufacturing process that is compliant with all state and federal regulations
The secondary stakeholders are the individuals or entities that the company doesn't have direct economic transactions with e.g. the government, environmental groups, media etc.
Therefore, to please the secondary stakeholders, he must abide to the necessary rules and regulations.