Reports on revenue centre responsibilities frequently show both the sales volume fluctuation and the flexible budget variance. .
Cost centers, profit centers, and investment centers are the three different categories of responsibility centers.
Direct labor rate variance and direct labor quantity variance are the two halves of the flexible budget variance for direct labor.
Goal congruence is promoted more by RI than by ROI. The goal rate of return set by management is included in the calculation. For divisions with varying levels of risk, management might set multiple target rates of return.
Cost centres, profit centres, and investment centres are the three different categories of responsibility centres.
Direct labour rate variance and direct labour quantity variance are the two halves of the flexible budget variance for direct labour.
Learn more about to flexible budget visit here;
https://brainly.com/question/16017304
#SPJ4
When determining whether you NEED to file a federal tax return, each of these questions matters EXCEPT...
1.What state do you live in?
2.How much income did you earn this year?
3.What type of income did you earn this year?
4.Are you claimed as a dependent on anyone else's tax return?
A- The state you live in should not hold importance when filing the income tax return. The all other options are required to be filed as they are important to determine the tax slabs and deductions a person may get.
Suppose two persons earn exactly same income in a particular year and both the people belong to a different state, in such case both the person will be liable for equal taxation.
While filing an income tax return, there are various things that need to be disclosed so as to determine what tax slabs a person belongs to and what are the deduction he may avail.The amount of income, the nature of income like income from salary/business or profession/house property/other sources and whether such person is taxable or not due to dependency on others needs disclosed. To conclude it doesn't matter which state a person belongs for the taxability of such person while filing an income tax return.Hence, the correct option is A that the the residency of state of such person will not matter for the purpose of filing his tax return.
To know more about tax returns, refer the link below.
https://brainly.com/question/14315557
Company A purchases Company B. This is a 100% equity purchase which means that Company A acquires all of the Company B assets and assumes the liabilities of Company B.
Calculate the value of goodwill recognized in the acquisition. Round to the nearest whole dollar and do not include the dollar sign ($).
Assume the current market value of tangible physical assets is $1,234,567 (determined by Company A as at the acquisition date) the current market value of the only identifiable intangible asset (a customer list) is $125,000 (determined by Company A as at the acquisition date) Operating (non-Financial) liabilities have an appraised value of $160,000 before and after the acquisition. Financial Liabilities were appraised by company B to be valued at $600,000 immediately Before the acquisition. Financial Liabilities were appraised by Company A to be valued at $495,000 immediately After the acquisition. There are no other assets or liabilities to consider than those presented above Company A paid $812,000 cash for Company B.
Answer:
Company A and Company B
Calculation of Goodwill on Acquisition:
= $212,433
Explanation:
a) Current market value of:
Tangible physical assets = $1,234,567
Intangible asset = $125,000
Total assets' value = $1,359,567
less Liabilities:
Operating = $160,000
Financial = 600,000 ($760,000)
Net value of assets = $599,567
Purchase Price (Company B) $812,000
Goodwill $212,433
b) Company A acquired Goodwill when it bought over Company B. This is an intangible asset which is calculated by subtracting the net value of assets (the difference between the fair market value of the assets and liabilities) from the purchase price of the acquired subsidiary.
4. If you enter your credit card information as a requirement for a "free trial" there is
a possibility you could be charged automatically after the trial period is up.
True
O
False
HELP ME
Answer:
True
Explanation:
If you enter a credit card for a free trial, the card will likely be automatically charged because you have agreed to have your card charged immediately after the free trial period.
Hope this helps! Let me know.
Choose the response that completes the following sentence. A cash distribution from a qualified retirement account in which the taxpayer ONLY made pre-tax contributions:
A. is always fully taxable
B. is never taxable
C. is only taxable at the state and local level
D. may be partially taxable
The one response that will help in completing the given statement is: “is never taxable.” Hence, Option B is correct.
What is tax?A tax is a mandatory fee or financial charge that a government imposes on a person or a business in order to raise money for public projects like building the greatest infrastructure and services.
The government uses taxes to fund a variety of welfare programmes, including job initiatives. The government must pay the administrative costs for the thousands of staff in the numerous departments.
It is never taxed to withdraw cash from a qualified retirement account where the taxpayer only made pre-tax contributions.
Therefore, Option B is correct.
Learn more about tax from here:
https://brainly.com/question/16423331
#SPJ1
At the conclusion of an audit, an auditor is reviewing the evidence gathered in support of the financial statements. With regard to the valuation of inventory, the auditor concludes that the evidence obtained is not sufficient to support management’s representations. Which of the following actions is the auditor most likely to take?
A. Obtain a statement from management supporting their inventory valuation.
B. Consult with the audit committee and issue a disclaimer of opinion.
C. Obtain additional evidence regarding the valuation of inventory.
D. Consult with the audit committee and issue a qualified opinion.
The auditor is most likely to take the action of obtaining additional evidence regarding the valuation of inventory. Option C is correct.
When the auditor concludes that the evidence obtained is not sufficient to support management’s representations about the inventory valuation, the auditor needs to obtain additional evidence to support the financial statements. This is done to ensure that the financial statements are free from material misstatement. Obtaining a statement from management may not be sufficient as it may not be considered objective.
Consulting with the audit committee and issuing a disclaimer of opinion or a qualified opinion may be necessary if the auditor is unable to obtain sufficient evidence even after performing additional audit procedures. However, obtaining additional evidence regarding the valuation of inventory is the first and foremost action that the auditor is most likely to take. Hence Option C is correct.
To learn more about valuation of inventory, here
https://brainly.com/question/30907255
#SPJ4
it is the list of material or ingredients for a project
Explanation:
okay thankyou and that was very helpful (please mark me brainliest)
f Honduras is open to international trade in oranges without any restrictions, it will import
tons of oranges.
Suppose the Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers. A tariff of
$
per ton will achieve this.
A tariff set at this level would raise
$
in revenue for the Honduran government.
Suppose that Honduras is open to international trade in oranges without any restrictions, it will import an infinite amount of oranges. Therefore, the import of oranges can be limited through a tariff. The Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers.
A tariff of $720 per ton will achieve this. A tariff set at this level would raise $72,000 in revenue for the Honduran government.
Tariff: It is a tax imposed by a government on imported or exported goods. The main purpose of a tariff is to limit imports and protect domestic production and employment.
In this scenario, a tariff is imposed by the Honduran government to limit the import of oranges and help domestic producers. Therefore, if the tariff is set at $720 per ton, then it would reduce the imports of oranges to exactly 100 tons, which is the desired goal of the Honduran government.
Moreover, the tariff rate multiplied by the number of imports gives the amount of revenue raised by the Honduran government, which is $720 × 100 = $72,000. Thus, a tariff set at $720 per ton will raise $72,000 in revenue for the Honduran government.
For more questions on: international trade
https://brainly.com/question/14926566
#SPJ8
How is business important to a nation?
Answer:
Business is extremely important to a country's economy because businesses provide both goods and services and jobs. ... Businesses are also the means by which many people get their jobs.
Explanation:
hope this helps
The dean of the School of Fine Arts is trying to decide whether to purchase a copy machine to place in the lobby of the building. The machine would add to student convenience, but the dean feels compelled to earn an 10 percent return on the investment of funds. Estimates of cash inflows from copy machines that have been placed in other university buildings indicate that the copy machine would probably produce incremental cash inflows of approximately $13,000 per year. The machine is expected to have a three-year useful life with a zero salvage value.
Use Present Value Appendix PV of $1, to determine the maximum amount of cash the dean should be willing to pay for a copy machine.
Note: Round your intermediate calculations and final answer to 2 decimal places.
Use Present Value Appendix PVA of $1, to determine the maximum amount of cash the dean should be willing to pay for a copy machine.
The dean should be willing to pay up to $32,324.40 for the copy machine, given the expected incremental cash inflows and the three-year useful life of the machine.
To determine the maximum amount of cash the dean should be willing to pay for a copy machine, we need to calculate the present value of the incremental cash inflows.
Using the Present Value of $1 table with a 10% discount rate, we can find the present value factor for a three-year period: 0.751.
Therefore, the present value of the incremental cash inflows is:
$13,000 x 0.751 = $9,763
This means that the maximum amount of cash the dean should be willing to pay for the copy machine is $9,763.
To calculate the present value of an annuity of $1, we can use the Present Value of an Annuity of $1 table. In this case, we need to use the same 10% discount rate and a three-year period.
The present value factor for an annuity of $1 for three years at 10% is 2.4868.
So, the maximum amount of cash the dean should be willing to pay for the copy machine, taking into account the incremental cash inflows over the three-year useful life of the machine, is
$13,000 x 2.4868 = $32,324.40
To know more about cash inflows here
https://brainly.com/question/31086720
#SPJ1
Which of the following is likely to increase the value of a country's currency?
Higher interest rates in a country can increase the value of that country's currency relative to nations offering lower interest rates. Political and economic stability and the demand for a country's goods and services are also prime factors in currency valuation.
what is a special purpose book?
Answer:
Those books are called as Special Purpose Journal Books. Example, Cash Book for all transactions relating to cash, Sales Book for all transactions relating to credit sales, Purchase Book for all transactions relating to credit purchases and Journal Proper for transactions which are not comes under any special journal.
Explanation:
N/A
Lina Company produces a product which sells for $40. Variable manufacturing costs are $18 per unit. Fixed manufacturing costs are $5 per unit based on the current level of activity, and fixed selling and administrative costs are $4 per unit. The contribution margin per unit is:
Answer:
The answer is 22 $
Explanation:
We calculate the contribution margin by following relation:
Contribution margin per unit = Selling price – Variable cost per unit
C = S - V
here S = 40$ and V = 18$
C = 40 - 18 = 22 $
In the context of factors of production, which of the following an example of a natural resource?
a. An equipment
b. Land
c.An investment
d.Information
pls help i will give branlyist and 100 points
Include the following:: The name of the career Some information you learned from 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 name of the career that I have learned from research Education is guidance counsellor.
The Examples of guidance counselor skills are:
Effective communication skills.Problem-solving skills.Friendliness.Empathy.Trustworthiness, etc.What are the roles of a guidance Counsellor?Guidance or school counselors help students with their academic, professional, and social needs while frequently gaining a full grasp of a person through interviews and aptitude tests. In order to guarantee a student's academic achievement, they often work in cooperation with parents, teachers, and administrators.
When necessary, a guidance counselor helps out at activities like field trips or dances and fosters dialogue about behavior issues between parents, teachers, and administration. Their dedication to the children and meeting their needs is their top priority.
Therefore, A guidance counselor is a specialist who works in educational settings such as schools or colleges and offers students guidance on matters such as academics, relationships, and careers. They aid in the assessment of their pupils' potential abilities to raise their self-esteem and prepare them for success in their future undertakings.
Learn more about guidance counsellor from
https://brainly.com/question/27712678
#SPJ1
What are three types of advertising?
A. print, signage, and discounts
B. Direct marketing, radio, and press release
C. TV, investment , and signage
D.TV, radio, and print
Answer:
D pon
Explanation:
yung tv, radio, and print
You have the following information about good X and good Y; Income elasticity demand for good X:-3. Cross-price elasticity of demand for good X with respect to the price good Y:2. Would an increase in income and a decrease in price of good Y unambiguously decrease the demandfor good X? Why or Why not?
Based on the information given, we can conclude that good X is an inferior good (since its income elasticity of demand is negative) and is a complement to good Y (since its cross-price elasticity of demand with respect to the price of good Y is positive).
What will make Demand of Good X Decrease?Now, to answer the question, we need to consider the effect of two changes: an increase in income and a decrease in the price of good Y, on the demand for good X.
Increase in income: When income increases, the demand for inferior goods like X decreases. Therefore, the quantity demanded of good X will decrease.Decrease in price of good Y: Since good X is a complement to good Y, a decrease in the price of Y will increase the demand for Y. This increase in demand for Y will increase the demand for X, as well. Therefore, the quantity demanded of good X will increase.So, we have two opposite effects. An increase in income decreases the demand for good X, while a decrease in the price of good Y increases the demand for good X. Whether the net effect on the demand for good X is positive or negative depends on the relative magnitudes of these two effects.
If the increase in income is large enough to more than offset the increase in demand for good X due to the decrease in the price of good Y, then the net effect will be a decrease in the demand for good X. On the other hand, if the increase in income is not large enough to offset the increase in demand for good X due to the decrease in the price of good Y, then the net effect will be an increase in the demand for good X.
Therefore, we cannot conclude unambiguously whether the demand for good X will increase or decrease in response to an increase in income and a decrease in the price of good Y, without knowing the magnitudes of the income and cross-price elasticities of demand for good X.
Learn more about demand here: https://brainly.com/question/1245771
#SPJ1
According to the author, what kind of yelling boss is bad one?
According to the author, a bad yelling boss is one who yells for no reason or who yells in a way that is abusive or demeaning.
What does the author say?Yelling can be a form of bullying, and it can create a hostile work environment. It can also lead to decreased productivity, increased stress, and decreased morale.
Some signs of a bad yelling boss according to the author include:
They yell often, for no reason, or in a way that is abusive or demeaning.They make threats or use intimidation to get their way.They are quick to criticize and slow to praise.They create a hostile work environment where employees feel uncomfortable or unsafe.Find out more on bad bosses at https://brainly.com/question/32149509
#SPJ1
The source is from an excerpt on Toxic Working Environments.
5.6 Last month Quick Industries produced 900 units. This month they produced 1,264 units. What is the rate of change in production? a. 29.8% b. 32.8% c. 40.4% d. 60%
Answer: C. 40.4%
Explanation:
To find the rate of change in production, we can use the following formula:
Rate of change = (New value - Old value) / Old value * 100
Where,
Old value = Production of last month = 900
New value = Production of this month = 1264
Substituting the values in the formula,
Rate of change = (1264 - 900) / 900 * 100= 364 / 900 * 100= 0.404 * 100= 40.4%
Therefore, the rate of change in production is 40.4%, which is an option (c). I hope that this answer has helped you!
Answer:
The correct answer is C.
Explanation:
The rate of change in production is: (1264 - 900) / 900 = 0.404 or 40.4%. So, the correct answer is c. 40.4%
Holly inherited $10,000 of City of Atlanta bonds in February. In March, she received interest of $500, and in April she sold the bonds at a $200 gain. Holly re-deemed Series EE U.S. savings bonds that she had purchased several years ago. The accu-mulated interest totaled $800. Holly received $300 of interest on bonds issued by the City of Quebec, Canada. What amount, if any, of gross income must Holly report
Answer:
$1,300
Explanation:
Calculation for the gross income that Holly must report
Using this formula
Gross income=Bonds gain + Accumulated interest + Interest on bonds received
Let plug in the formula
Gross Income= $200 + $800 + $300
Gross Income= $1,300
Therefore the gross income that Holly must report will be $1,300
An analyst evaluating securities has obtained the following information. The real rate of interest is 2.8% and is expected to remain constant for the next 5 years. Inflation is expected to be 2.6% next year, 3.6% the following year, 4.6% the third year, and 5.6% every year thereafter. The maturity risk premium is estimated to be 0.1 × (t – 1)%, where t = number of years to maturity. The liquidity premium on relevant 5-year securities is 0.5% and the default risk premium on relevant 5-year securities is 1%.
a. What is the yield on a 1-year T-bill? Round your answer to one decimal place.
b. What is the yield on a 5-year T-bond? Round your answer to one decimal place.
c. What is the yield on a 5-year corporate bond? Round your answer to one decimal place.
An analyst evaluating securities has obtained the following information, which is mathematically given as
Y1= 4.30%Y5= 6.50%Y5'= 8%What are the yield on a 1-year T-bill, the yield on a 1-year T-bill, and the yield on a 5-year corporate bond?Generally, the equation for Yield on Corporate Bond is mathematically given as
Y= r* + IP + MRP + DRP + LP
Hence
a) For the yield on a 1-year T-bill
Y1== 2.2% + 2.1%
Y1= 4.30%
b) For the yield on a 5-year T-bond
Where
IP= (2.1% + 3.1% + 4.1% + 5.1% + 5.1%)/5 = 3.90%
And
MRP = 0.1*(5-1)
MRP= 0.4%
Y5= 2.2% + 3.90% + 0.4%
Y5= 6.50%
c) For the yield on a 5-year corporate bond
IP = (2.1% + 3.1% + 4.1% + 5.1% + 5.1%)/5
IP= 3.90%
MRP = 0.4%
DRP = 1%
LP = 0.5%
Therefore
Y5= 2.2% + 3.90% + .4% + 1% + .5%
Y5'= 8%
Read more about bond
https://brainly.com/question/17405470
#SPJ1
Current liabilities are important because they determine how much
company has.
A. working capital
B. current assets
C. liquid cash
D. stockholders' equity
Answer:
working capital is calculated by using the current ratio, which is current assets divided by current liabilities. A ratio above 1 means current assets exceed liabilities, and, generally, the higher the ratio, the better.
TB MC Qu. 6-101 Data concerning Bedwell Enterprises ... Data concerning Bedwell Enterprises Corporation's single product appear below: Selling price per unit $ 160.00 Variable expense per unit $ 91.50 Fixed expense per month $ 429,490 The unit sales to attain the company's monthly target profit of $19,000 is closest to: (Do not round intermediate calculations.) Brewer 8e Rechecks 2018-06-19
Answer:
Break-even point in units= 6,547 units
Explanation:
Giving the following information:
Selling price per unit $160
Variable expense per unit $91.50
Fixed expense per month $429,490
Desired profit= $19,000
To calculate the number of units to be sold, we need to use the break-even point formula:
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (429,490 + 19,000) / (160 - 91.5)
Break-even point in units= 6,547 units
Can you think of any case in which some decisions would be valuable as a matter of social policy but bad as a matter of personal ethics? Expound.
Yes, one example of decision that could be valuable as a matter of social policy but bad as a matter of personal ethics is the use of eminent domain to acquire private property for public use.
What are ethics?Ethics refer to a set of principles or values that guide behavior and decision-making, typically in a professional or societal context. Ethics can be based on various sources such as religion, philosophy, culture, or law. Ethical considerations may include concepts such as fairness, justice, honesty, respect for others, and responsibility. It is important to recognize that ethical principles may vary across different cultures, professions, or situations, and may evolve over time. Ethical behavior often involves balancing competing interests and making difficult choices based on sound judgment and critical thinking. Adhering to ethical standards can promote trust, integrity, and social responsibility, and can help individuals and organizations avoid legal or reputational risks.
To learn more about ethics, visit:
https://brainly.com/question/30166875
#SPJ9
50 points! Please help!
Which type of flowchart scheduling technique has a fixed duration of production activities? In which type of flowchart are they probabilistic?
The ____ type of flow chart has a fixed duration for production activities. The ___ type has a probabilistic duration for production activities.
1. A. IPM, B. CPM or C. FDA
2. A. PACT, B. KENT, or C. PERT)
A restaurant chain sponsors a charity that provides support to the parents of children being treated for cancer. How would the use of company funds for this purpose be justified by a business whose goal is to maximize profit
Answer: The money spent is worth the boost it gives to the corporate image
Explanation:
Corporate social responsibility gives companies a good image and can help a company improve its brand and revenue.
Since the restaurant chain sponsors a charity that provides support to the parents of children being treated for cancer, the use of the funds of the company will be justified when the money that's spent is worth the boost it gives to the corporate image.
You just acquired 1,000 from the lottery.
You decide to invest in stocks with it (like a smart person should). You figure on buying apple stock which costs $100 a share. How many shares would you own of apple if you bought $1,000 worth of apple stock at $100 a share.
If you bought $1,000 worth of Apple stock at $100 per share, you would own 10 shares of Apple stock.
To determine the number of shares you would own of Apple stock if you bought $1,000 worth of stock at $100 per share, you need to divide the total investment amount by the price per share.
Number of shares = Total investment amount / Price per share
In this case, the total investment amount is $1,000 and the price per share is $100.
Number of shares = $1,000 / $100
= 10 shares
Therefore, if you bought $1,000 worth of Apple stock at $100 per share, you would own 10 shares of Apple stock.
It's important to note that stock prices fluctuate, so the actual number of shares you would own may vary depending on the current market price at the time of purchase. Additionally, transaction fees and other costs associated with buying stocks should also be taken into consideration.
For more such questions on stock visit:
https://brainly.com/question/26128641
#SPJ8
Why should you start saving for retirement early?
A. The longer you save, the less you will pay in taxes.
B. The longer you save, the more likely it is your investments will lose
value.
O C. The longer you save, the less your money will be worth due to
inflation.
D. The longer you save, the more money your investments will earn.
Start saving for retirement early. The longer you save, the more money your investments will earn.
Why should you save early for retirement?
The biggest advantage of retirement investment is probably compound interest. Even though there is no specific rate of return that is guaranteed, starting your retirement savings sooner in your work will result in more money with a lower capital investment than if you wait until later in your career. Compound interest is the process through which an amount of money increases greatly as a result of interest that keeps adding to itself over time.
You will have $1050 at the end of the year if you invest $1,000 in an account that grows at a rate of 5% annually, for instance. You'll receive a 5% return on $1050 the next year, which after two years will equal $1102.50.
Here is an illustration of how consistently building a retirement portfolio at a young age may look.
find more about compound interest from the link below:-
https://brainly.com/question/28020457
#SPJ13
what is the responsibilities of supervisor to his superior?
Answer:
Managing workflow
One of a supervisor's most important responsibilities is managing a team. Often, supervisors create and oversee their team's workflow, or the tasks required to complete a job. Supervisors must define goals, communicate objectives and monitor team performance
Answer:
The five roles of a supervisor is Educator , Sponsor, Coach, Counsellor and Director
A woman who weighs approximately 180 pounds has two "double" mixed drinks in one hour. Which of the following is CORRECT?
The correct option is that she is likely intoxicated.
What happened due to the drinkingThe effect of alcohol consumption can vary depending on factors such as body weight, tolerance, metabolism, and the specific alcoholic beverages consumed.
Given that the woman in question has had two "double" mixed drinks in one hour, it is possible that she may be impaired or experiencing some level of intoxication.
Read more on intoxication ere https://brainly.com/question/13614186
#SPJ1
A woman who weighs approximately 180 pounds has two "double" mixed drinks in one hour. Which of the following is CORRECT?
•
She is impaired
•
She is not intoxicated.
•
She is likely intoxicated.
She is possibly impaired.
How are digital communication devices (cell phones, email, and websites) affecting the communication process? Describe both the advantages and the disadvantages of these three devices over traditional communication methods, such as face-to-face conversations, written notes, and phone calls.
Answer:
Digital communication devices such as cell phones, email, and websites have revolutionized the communication process and changed the way we interact with one another. Advantages of digital communication devices include: 1. Speed: Digital communication devices allow for instant communication across vast distances, saving time and increasing efficiency. 2. Convenience: Digital communication devices are portable and can be accessed from anywhere, making it easy for people to stay connected with one another. 3. Cost-effective: Digital communication devices are often cheaper than traditional communication methods, making them accessible to a wider range of people. Disadvantages of digital communication devices include: 1. Lack of personal touch: Digital communication devices lack the personal touch of face-to-face conversations, making it difficult to convey emotions and establish strong connections. 2. Misinterpretation: Digital communication devices can lead to misinterpretation of messages, as tone and context can be lost in translation.
Answer:
Explanation:
Digital communication is the most used way of communication such as cell phone, emails and various websites.there are advantages as well as disadvantages of digital communication. Let's discuss them in detail:
Advantages:
It helps to communicate easily at the long distance.It acts as a mechanism in the meeting or conferences wherein the decision are to be taken immediately.Improves productivity.information is gathered quickly on the finger tips.Disadvantage:
There is high power consumption in digital communication.There are high chances of misunderstanding the concepts in digital communication.As in face-to-face conversation it is avoided and all the clarity is given at once about the work assigned.Hence, many people prefer traditional communication over the digital communication for business decisions.