Check My Work (No more tries available) Field Industries' outstanding bonds have a 25-year maturity and $1,000 par value. Their nominal yield to maturity is 9.25%, they pay interest semiannually, and they sell at a price of $850. What is the bond's nominal (annual) coupon interest rate

Answers

Answer 1

Answer:

7.70%

Explanation:

Semi-annual YTM = 9.25%/2 = 4.625%

Number of periods = 25*2 = 50 Periods

C = Coupon Amount

Price of the bond = Present Value of coupon interests + Present Value of Par Value  

$850 = C*(PVIFA 4.625%, 50 Years) + $1,000*(PVIF 4.625%, 50 Years)

$850 = (C x 19.3667869) + ($1000 x 0.1042861)

$850 = (C x 19.3667869) + 104.29

$745.71 = (C x 19.3667869])

C = $745.71 / 19.3667869

C = $38.50

Coupon payment (C) = $38.50  

Hence, annual Coupon Amount = $38.50 * 2 = $77.00

Bond Nominal (annual) Coupon Interest Rate = (Annual Coupon Amount / Par Value) x 100

Bond Nominal (annual) Coupon Interest Rate = ($77.00 / 1,000) x 100

Bond Nominal (annual) Coupon Interest Rate = 7.70%


Related Questions


We have identified how to educate Sally with the tubo tax upgrade so she understands the benefit of the upgrade. Use what
we have learned about Sally's priorities to develop a statement that generates value in this situation.

Answers

TurboTax from Intuit is an application suite to complete American income tax forms.

What is turbo tax and what are its advantages?

TurboTax, together with H&R Block Tax Software and TaxAct, is the industry leader in its product category. TurboTax was created in 1984 by Michael A. Chipman of Chipsoft and was acquired by Intuit in 1993.TurboTax, together with H&R Block Tax Software and TaxAct, is the industry champion in its product category. Advantages include a guarantee of 100% accurate calculations for business returns, a guarantee of TurboTax audit support for business returns, and a satisfaction guarantee. You can use TurboTax Online for free until you opt to print or online file your tax return.

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Stephen and Martha have spent months looking for their dream home. One day they saw it and fell in love with everything about the house, and they asked the realtor to draw up a purchase agreement, which they then signed. After signing the papers, they asked the realtor whether the house was in good shape. The realtor said it was. When the couple moved into the house, they realized that the basement had serious water problems and that the roof leaked. They now want to sue the realtor. What tort should they consider? If they sue the realtor for this tort, will they win? Why or why not? Explain.

Answers

Stephen and Martha can sue the realtor for the unethical behavior, by filing the claim with the association.

What claim can be file by the buyers against of the realtors for the unethical behavior?

If buyer is handover with the property by giving the false statements by the realtors, then a complaint can be filled within 180 days from the day, it took place.

If complaint would be find valid by the grievance committee, the case will go to the hearing committee where the buyer can prove his claim by telling how Code of Ethics was violated.

If realtor found to be guilty, then he could be charged with the fine.

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Sullivan's Island Company began operating a subsidiary in a foreign country on January 1, 2017, by investing capital in the amount of 84,000 pounds. The subsidiary immediately borrowed 200,000 pounds on a five-year note with 10 percent interest payable annually beginning on January 1, 2018. The subsidiary then purchased for 284,000 pounds a building that had a 10-year expected life and no salvage value and is to be depreciated using the straight-line method. Also on January 1, 2017, the subsidiary rented the building for three years to a group of local attorneys for 7,200 pounds per month. By year-end, rent payments totaling 72,000 pounds had been received, and 14,400 pounds was in accounts receivable. On October 1, 3,600 pounds was paid for a repair made to the building. The subsidiary transferred a cash dividend of 5,100 pounds back to Sullivan's Island Company on December 31, 2017. The functional currency for the subsidiary is the pound.
Currency exchange rates for 1 pound follow: January 1, 2017 $ 2.10 = 1 Pound
October 1, 2017 2.15 = 1
December 31, 2017 2.18 = 1
Average for 2017 2.14 = 1
Prepare an income statement, statement of retained earnings, and balance sheet for this subsidiary in pounds and then translate these amounts into U.S. dollars.

Answers

Answer:

Sullivan's Island Company

a. Sullivan's Island Company Income Statement for the year ended December 31, 2017:

                                             Pounds            US $

Rent Revenue                      86,400           184,896

Repairs to building                3,600               7,704

Depreciation - Building       28,400             60,776

Interest on Notes                20,000            42,800

Net Income                          34,400              73,616

   

b. Sullivan's Island Company Statement of Retained Earnings for the year ended December 31, 2017:

                                             Pounds            US $

Net Income                          34,400              73,616

Dividends                               5,100               10,914

Retained Earnings             29,300             62,702

c.  Sullivan's Island Company Balance Sheet as of December 31, 2017:

                                             Pounds            US $

Assets:

Cash                                     63,300           138,102

Rent Receivable                   14,400             31,392

Building                             284,000         596,400

Less Depreciation             -28,400           -60,776

Total Assets                     333,300            705,118

Liabilities:

Notes Interest Payable     20,000             42,800

Notes Payable                200,000           420,000

Common Stock                 84,000            176,400

Retained Earnings            29,300             62,702

Foreign Exchange Translation Gain            3,216

Total Liabilities + Equity 333,300             705,118

Explanation:

a) Data and Calculations:

Currency exchange rates for 1 pound follow:

January 1, 2017 $    2.10 = 1 Pound

October 1, 2017       2.15 = 1

December 31, 2017 2.18 = 1

Average for 2017    2.14 = 1

Cash Account:

                                             Pounds            US $

Jan. 1 Common Stock          84,000           176,400

Jan. 1 Notes Payable         200,000         420,000

Jan. 1 Building                   -284,000       -596,400

Oct. 1 Building Repairs          -3600             -7,740

Dec. 31 Rent received         72,000          156,960

Dec. 31 Dividends                 -5,100              -11,118

Dec. 31 Balance                 63,300           138,102

b) Sullivan recorded some unrealized foreign exchange translation gain of $3,216.  This is due to translation differences.

During the year, TRC Corporation has the following inventory transactions.
Date Transaction Number of Units Unit Cost Total Cost
Jan. 1 Beginning inventory 41 $ 33 $ 1,353
Apr. 7 Purchase 121 35 4,235
Jul. 16 Purchase 191 38 7,258
Oct. 6 Purchase 101 39 3,939
454 $16,785
For the entire year, the company sells 410 units of inventory for $51 each.
Exercise 6-4A Part 2
2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit.

Answers

Answer:

Ending Inventory = $1,716.00

Cost of Sales = $15,069.00

Sales Revenue = $20,910.00

Gross Profit = $5,841.00

Explanation:

FIFO Method assumes that the first goods received by the busines will be the first ones to be delivered to the final customer.

Ending Inventory :

Under FIFO, any remaining inventory will be valued as if they were the latest goods purchased.

Ending Inventory : 44 units  × $39.00 = $1,716.00

Cost of Goods Sold Calculation :

Cost of Sales :       41 units × $33.00   =   $1,353.00

                              121 units × $35.00  =  $4,235.00

                              191 units × $38.00  =  $7,258.00

                               57 units × $39.00 =  $2,223.00

                              Total                       =  $15,069.00

Sales Revenue Calculation ;

Sales Revenue = Units Sold × Selling Price

                         = 410 units × $51

                         = $20,910.00

Gross Profit Calculation :

Sales                                   $20,910.00

Less Cost of Goods Sold  ($15,069.00)

Gross Profit                           $5,841.00

(5 points)
Willie's Hot Dogs had sales last year of $250,300 and a guest count of 76,079.
Sales this year were $280,750 with a guest count of 83,556.
What was Willie's guest count percentage variance?

Answers

Willie's guest count percentage variance is 9.82%.

How to calculate guest count percentage

To calculate the guest count percentage variance

Use the following formula:

Guest count percentage variance = [(current year guest count - prior year guest count) / prior year guest count] x 100%

Guest count percentage variance = [(83,556 - 76,079) / 76,079] x 100%

Guest count percentage variance = (7,477 / 76,079) x 100%

Guest count percentage variance = 0.0982 x 100%

Guest count percentage variance = 9.82%

Therefore, Willie's guest count percentage variance is 9.82%.

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An informal trade barrier is created by government actions.
Oa. True
Ob. False

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The answer is true let me know if I helped

Federal Semiconductors issued 11% bonds, dated January 1, with a face amount of $800 million on January 1, 2021. The bonds sold for $739,814,813 and mature on December 31, 2040 (20 years). For bonds of similar risk and maturity the market yield was 12%. Interest is paid semiannually on June 30 and December 31. Required: 1. to 3. Prepare the journal entries to record their issuance by Federal on January 1, 2021, interest on June 30, 2021 (at the effective rate) and interest on December 31, 2021 (at the effective rate). 4. At what amount will Federal report the bonds among its liabilities in the December 31, 2021, balance sheet

Answers

Answer:

calcule estúpido malparido

purchased goods of rs 40000 journal entries​

Answers

The journal entry for Rs. 40, 000 purchases would include a debit to purchases and credit to cash or accounts payable.

How to enter the journal ?

The Purchases account is debited because the business has acquired goods, which is an asset. The Accounts Payable account is credited because the business owes money to the supplier for the goods.

Date                Account title                                Debit              Credit

XX -XXXX       Purchases                                Rs. 40, 000

                       Accounts payable                                           Rs. 40, 000

This journal entry will increase the balance of the Purchases account and the Accounts Payable account. The Purchases account will be used to track the cost of goods sold, and the Accounts Payable account will be used to track the amount of money owed to suppliers.

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In a small town, there are two discount stores ABC and XYZ. They are the only stores that handle the festival goods. The total number of customers is equally divided between the two because the price and quality of goods sold are equal. Both stores have good reputations in the community, and they render equally good customer services Assume. that a gain of customer ABC byis a loss to XYZ and vice versa. Both stores plan to run annual pre-Christmasale during the first week of December. Sales are advertised through the local news paper,radio and television media.With the

aid of advertising thef payofforABC store is constructed and given. below
XYZ store
News paper Radio Television
News paper 30 40 -80
ABC radio 0 15 -20
Television 90 20 50
Find optimal strategiesbothfor stores and the value of the game.

Answers

An approach for analysing situations where parties, or players, make interdependent decisions is provided by the field of applied mathematics known as game theory.

What is the aid of advertising thef payoff?

Each player's decision or plan must take into account the prospective actions or strategies of the other players because of their interconnection.

A game's solution outlines the optimal decisions taken by players, who may have similar, opposing, or mixed interests, as well as the potential outcomes. Parlor games have been studied using game theory, although its applications are much more varied.

In reality, American economist Oskar Morgenstern and American mathematician John von Neumann of Hungarian and German ancestry developed game theory to address economics-related problems. They were Princeton University classmates.

Therefore, Although newspaper is the best course of action for XYZ, television is the best course of action for ABC.

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Why is it relevant that finance tends to attract large amounts of money? a. Money can be used for good or evil b. Finance attracts people from around the globe c. Financial markets are a critical components of economic success d. All of the above

Answers

Answer: c. Financial markets are a critical components of economic success

Explanation:

Economic success runs on companies and individuals being able to produce goods and services for the economy. To be able to do so they need capital to invest and most times they don't have that capital.

This is where Finance comes in. It connects people who do not have the capital but want to produce to those that have the capital but do not necessarily want to produce.

The huge amounts of money that finance attracts is channelled to those who need it. They then produce and the economy becomes successful.

Liu, the owner of San Diego Mortgage Solutions, a sole proprietorship, wants to obtain additional business capital to expand operations. The additional business capital is most likely limited to Group of answer choices conducting a private offering. issuing stock. bringing in partners. borrowing funds.

Answers

Answer:

borrowing funds.

Explanation:

Since the owner could not add extra partners as it would be transform into the partnership firm in the case when there is an increase in the number of owners.

In the sole propertiorship, there is only one stockholder and he cant able to issue the stock or the initial public offering

Therefore it would be limited to the borrowing funds

Divit is single. He purchased a new main home in March of 2019 for $900,000. Divit will be itemizing his deductions. On what portion of the acquisition debt will be deductible on Divit's tax return for 2021?

Answers

Answer:jklv

Explanation:vv

What is Top Glove's company process strategy?

Answers

Answer: Top Glove's growth strategy is two-fold: organic and inorganic expansion. Its yearly production capacity increased dramatically from 3.2 billion pieces in 2001 to 64 billion pieces in 2019.

Explanation:

Answer:

Top Glove's management's focus is to use technology to further automate its production lines, reduce the number of workers, and improve the efficiency of its line and quality of its products.

Explanation:

Off-shoring Money allows
companies and individuals to
invest money into
accounts to stall taxation.
A. temporarily
B. indefinitely
C. permanently

Answers

C. Permanently is the answer

The graph shows the cost and revenue curves for a monopoly that produces teddy bears. The letters in the graph represent the enclosed areas.
If the monopolist charges a single price for teddy bears, which of the following describes an accurate outcome?

The graph shows the cost and revenue curves for a monopoly that produces teddy bears. The letters in

Answers

If the If the monopolist charges a single price for teddy bears, the accurate outcome would be: Consumer surplus equals area (a+b), producer surplus equals area (c+d), and deadweight loss equals area (e). Option D is correct

What is meant by consumer surplus?

Consumer surplus, which serves as a gauge of consumer welfare, is the difference between a product's social value and its actual purchase price.

When a product's market price is higher than the consumer's willingness to pay for it, a surplus is created. The economic concept of marginal utility, or the additional enjoyment one receives from consuming one more unit of a good or service, is the foundation of consumer surplus.

Consumer surplus is the gap between what customers are prepared to pay and what they actually pay for a good. The marginal benefit of each unit of consumption for a consumer is also represented by each price along a demand curve.

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The consumer surplus equals area (a), the producer surplus equals area (c), and the deadweight loss equals area (b+d+e).

The consumer surplus equals area (b), the producer surplus equals area (c+d), and the deadweight loss equals area (d+e).

The consumer surplus equals area (a+b) the producer surplus equals area (c), and the deadweight loss equals area (e+f).

Consumer surplus equals area (a+b), producer surplus equals area (c+d), and deadweight loss equals area (e).

The consumer surplus equals area (a), the producer surplus equals area (c+f), and the deadweight loss equals (b+d+e).

what is another factor that would be good to consider before choosing a career cluster?

Answers

Answer: whether that career cluster is needed in the local economy

Explanation:  i took the quiz and got a 10/10!

Answer: whether that career cluster is needed in the local economy

Explanation: if there would be one answer it would be this one.

What is wrong with this sentence? The report applies to western Europe, where people are interested in these exports.​

Answers

The issue with the sentence is that : The sentence is grammatically correct, but it is unclear what "these exports" refer to

What is wrong with this sentence?

The sentence is grammatically correct, but it is unclear what "these exports" refer to. To improve clarity, the sentence should be revised to provide more context or specificity about the exports in question.

For example: "The report applies to western Europe, where people are interested in buying cars from Japanese manufacturers."

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What are the 2 main sources of data

Answers

Answer:

internal and external source

Explanation:

Answer:

There are two sources of data. they are:

1. Internal Source.

2. External Source.

Explanation:

Internal Source. When data are collected from reports and records of the organision itself, it is known as the internal source.

External Source. When data are collected from outside the organition, it is known as the external source.

distinguish between saving, consumption, consumption function and saving function​

Answers

CONSUMPTION FUNCTION:

 It is the relationship between consumption expenditure and the level of disposable income.

C = f (Yd) , where 

C represents the consumption expenditure

Yd represents disposable income

It shows how a change in income influences the consumption pattern

SAVING FUNCTION:

It is the relationship between savings and the level of disposable income

 S = -S(bar) + sYd

where

S(bar) is autonomous saving

s represents marginal propensity to save

Yd represents disposable income

 it shows how change in income influences savings

Using activity-based costing to make decisions
Dino Dog Collars uses activity-based costing. Dino's system has the following features:
Predetermined Overhead
Activity
Allocation Base
Allocation Rate
Purchasing Number of purchase orders $ 65.00 per purchase order
Assembling Number of parts
0.36 per part
Packaging Number of finished collars
0.25 per collar
Each collar has four parts, direct materials cost is $9.00 per collar, and direct labor cost
is $4.00 per collar. Suppose Animal Hut has asked for a bid on 25,000 dog collars. Dino
will issue a total of 150 purchase orders if Animal Hut accepts Dino's bid.
Requirements
1. Compute the total estimated cost Dino will incur to purchase the needed materials
and then assemble and package 25,000 dog collars. Also compute the cost per collar.
2. For bidding, Dino adds a 40% markup to total cost. What total price will the
company bid for the entire Animal Hut order?
3. Suppose that instead of an ABC system, Dino has a traditional product costing
system that allocates indirect costs at the rate of $9.60 per direct labor hour. The dog
collar order will require 12,000 direct labor hours. What total price will Dino bid using
this system's total cost?
4. Use your answers to Requirements 2 and 3 to explain how ABC can help Dino
make a better decision about the bid price it will offer Animal Hut.

Using activity-based costing to make decisionsDino Dog Collars uses activity-based costing. Dino's system

Answers

Dino Dog Collars calculates the cost of producing 25,000 dog collars using activity-based costing. The total estimated cost, cost per collar, and bid price are calculated with a 40% markup.

What is the importance of ABC to management decision making?

ABC is an accounting methodology that assigns indirect costs to products or services based on the activities that generate those costs. Unlike traditional costing methods, which allocate indirect costs based on a single cost driver, ABC allocates costs based on multiple cost drivers, providing a more accurate picture of a product's or service's true cost. ABC's value to management decision making stems from its ability to provide more accurate and relevant cost information. Managers can use ABC to determine which activities are causing costs, where inefficiencies exist, and how to optimise processes to reduce costs and increase profitability. ABC assists managers in making informed pricing decisions by providing a better understanding of the true cost of products and services.

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Ali is the manager of a successful company. He has many employees under his command. One of his employees in the finance department made a huge mistake which cost the company a lot of money. His name is Saleh. Ali chooses to handle that situation by offending Saleh and yelling at him in front of all his colleagues as a .warning, but he does not fire him

Abeer is a manager in another successful company. She had an employee who made the same mistake. Her name is Sara, but Abeer did not handle the situation as Ali did. Instead, she decided not to yell at Sara for making that mistake and chose to wait until Sara's work .contract finished and did not renew it again

Do you think Ali's decision is legal? And Abeer's ?decision is ethical? And why If you were a manager and faced the same ?problem, what would you do?and why

Answers

The fundamental problem with ethical quandary is that it does not have clear-cut answer that complies with ethical standards. People have encountered problems throughout human history, and philosophers have sought to address them.

What is ethics?

To "systematise, defend, and suggest notions of good and wrong action," "ethics" or "moral philosophy," a branch of philosophy, is the goal. The philosophical field of axiology encompasses the fields of ethics and aesthetics, both of which are concerned with questions of worth. Assuming that no one has any moral knowledge, moral scepticism, also referred to as moral scepticism, is a group of metaethical ideas. Many moral sceptics also offer the more forceful, modal argument that moral knowledge is impossibly unattainable. Moral scepticism, which denies the existence of knowable and objective moral truths, is particularly opposed to moral realism. The ontology of ethics is concerned with value-bearing elements, i.e., the categories of objects or entities that are addressed in ethical claims.

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The present value of the tax cost associated with the current sale of inventory for 50,000 and subsequent of Owl stock for 70,000

Answers

According to the question the present value of the tax cost would be $162,500.

What is tax cost?

Tax cost is the amount of money paid to the government in the form of taxes. It is the amount of money that individuals, businesses, and other organizations must pay to the government based on their income, profits, or other activities. Tax costs can include income taxes, property taxes, sales taxes, payroll taxes, and other forms of taxes. Depending on the country or jurisdiction, different types of taxes may be included in the tax cost calculation.

The present value of the tax cost associated with the current sale of inventory for $50,000 and subsequent sale of Owl stock for $700,000 depends on the applicable tax rate in your jurisdiction.
Assuming a tax rate of 25%, the present value of the tax cost would be $162,500
($50,000 x 25% + $700,000 x 25%).

= $162,500.

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Kacy Spade, owner, invested $14,000 cash in the company in exchange for common stock.

The company purchased office supplies for $406 cash.

The company purchased $7,742 of office equipment on credit.

The company received $1,652 cash as fees for services provided to a customer.

The company paid $7,742 cash to settle the payable for the office equipment purchased in transaction c.

The company billed a customer $2,968 as fees for services provided.

The company paid $535 cash for the monthly rent.

The company collected $1,247 cash as partial payment for the account receivable created in transaction f.

The company paid $1,000 cash in dividends to the owner (sole shareholder).

Required:

1. Prepare general journal entries to record the transactions above for Spade Company by using the following accounts: Cash; Accounts Receivable; Office Supplies; Office Equipment; Accounts Payable; Common Stock; Dividends; Fees Earned; and Rent Expense. Use the letters beside each transaction to identify entries.
2. Post the above journal entries to T-accounts, which serve as the general ledger for this assignment

.

Answers

Answer:

-406 dollars for supplies

-7742 dollars office equipment

+ 1652 dollars fees

And so on just keep adding and subtracting depending on what it says.

Explanation:

"Easton Company uses 2019: Date Activity Quantity Unit Price 5/1 Beginning Inventory 130 $11 5/5 Purchase 280 $13 5/15 Purchase 140 $15 5/25 Purchase 160 $17 Sales were 430 units at $25. Using the FIFO method, determine the dollar value of Ending Inventory for the month of May.”

Answers

Answer:

$4,520

Explanation:

The computation of the dollar value of the ending inventory using the FIFO method is as follows:

But before that the ending inventory is

= Beginning inventory + purchased units + purchased units + purchased units - sales units

= 130 units + 280 units + 140 units + 160 units - 430 units

= 280 units

Now the ending inventory is

= 160 units × $17 + (280 units - 160 units) × $15

= $2,720 + $1,800

= $4,520

How can you begin applying your knowledge of Fiscal Policy with, stabilizing and/or corrective capabilities, to the current political dialog among the many elected Public officials, as well as those who are seeking election, at the Federal and State Levels, who are expressing their Macroeconomic ideas that are thought to be the only possible policy cures that will actually redirect and strengthen the recovery of the U.S. economy?

Answers

Federal and State Levels, are the expressing the recovery of the U.S. economy are the economic growth, and the wages and prices, and the employment.

What is economy?

The mechanism through which a nation or region organizes its money, industry, and trade is concerned to as its “economy.” The economy is the important part of the country. The primary sector of the economy is the industrial sector and agriculture sector.

According to the Federal and State Levels, there are the express the recovery of the U.S. the employment are the created the wages and the economy of the economic growth.

As a result, in the Federal and State Levels, are the expressing the recovery of the U.S. economy are the economic growth, and the wages and prices, and the employment.

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(T/F)An advertising response function is a mathematical relationship that associates dollars spent on advertising and sales generated.

Answers

The following statement "An advertising response function is a mathematical relationship that associates dollars spent on advertising and sales generated" is True. because a mathematical relationship between advertising expenditure and sales produced.

Advertising refers to methods used to attract attention to goods or services. To grab the consumer's attention, advertising seeks to highlight goods or services. It is typically used to market a specific product or service, although there are many other uses, commercial advertising being the most common.

Through “branding,” associating product names or images with specific characteristics in the minds of consumers, commercial advertising often aims to stimulate consumption of their goods or services. On the other hand, direct response advertising is the term used to describe advertisements that aim to promote quick sales.

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The following table shows the production within a very small country’s economy in two consecutive years. What was the real GDP of 2017?

Year Item Quantity Produced Price Per Unit
2017 Oranges 1000 pounds $1.00
2017 Haircuts 2000 haircuts $5.00
2018 Oranges 1500 pounds $1.50
2018 Haircuts 3000 haircuts $7.50

Answers

Real GDP in 2017 is $16500


Expenditure in base 2017 =
                    price        Quantity      Expenditure
Oranges=      $1              1000            1000
Haircut          $5             2000           10000
Total                                                   11000

Expenditure in 2018
                  price         Quantity        Expenditure    Real GDP
Oranges      $1.5             1500            2250               1500
haircut         $7.5            3000          22500             15000
Total                                                   24750             16500          

Nominal GDP: the value of final goods and services at current prices ( Price in current year x quantity in current year)      

Real GDP: The value of final goods and services at base year prices. (Price in base year x quantity in currently year)                  

Real GDP in 2018 with 2017 as base year is $16,500.    

Nominal GDP- GDP in nominal terms is GDP expressed in current prices, without inflation adjustment. GDP is estimated at current prices by expressing the values of all goods and services produced during the current reporting period.
Real GDP- Real GDP is a macroeconomic measure of the value of economic output after adjusting for price changes. This adjustment converts nominal GDP, a money-value measure, into an index of total output quantity.

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Match the factors that a company must look into while choosing an insurance company.
location of the company
diligent research
size of the company
customer complaint history
rating of the company

Match the factors that a company must look into while choosing an insurance company.location of the companydiligent

Answers

Answer:

Relevant: diligent research, customer complaint history, rating of the company.

Not relevant: size of the company and location of the company

Explanation: Just took the test and this is the correct answer!

An advertisement has been placed on your company’s and on major recruitment websites for a great opportunity to be employed as Country Manager at ABC insurance company in the UAE.
You read the job description and believe you are a fir for this position. You want to negotiate withthe General Manager, Dr David Smith, that you would like to excel and get promoted as the ‘Country Manager’, from your current position as the ‘Dubai’s Branch Manager’. This position will provide you with many opportunities such as a higher salary, more responsibilities, and utilizing more of your technical and leadership skills.
In addition, you have been working with the company since September 2015 as a full-time employee and have made enormous contributions to the organization. From your experience, you have also determined that Dr Smith is a ‘thinker’ personality type as per The Myers-Briggs Type Indicator. What would be your negotiation process?

Answers

Considering that General Manager Dr Smith has a "thinker" personality type to get a promotion, his negotiation process must be focused on details, analysis of the situation and the benefits.

What are the characteristics of the thinker personality type in MBTI?

According to the Myers-Briggs Type Indicator approach, the thinker is the individual who seeks to explore theories in an analytical and detailed way, being an individual who uses logic and reason to determine his actions and behaviors.

Therefore, negotiating with an individual with a thinking personality should be focused on rationality and the exploration of possibilities and information, and the manager seeking a promotion should have all the details and information about such a situation for it to be successful.

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Bonnie’s Doll Company produces handmade dolls. The standard amount of time spent on each doll is 2.0 hours. The standard cost of labor is $20 per hour. The company planned to make 8,000 dolls during the year but actually used 17,500 hours of labor to make 9,000 dolls. The payroll amounted to $344,750. Prepare a table that shows the standard labor price, the actual labor price, the standard labor hours, and the actual labor hours.

Answers

The actual labor price will be $19.70 and the actual labor hours per doll will be 1.94 hours per doll.

Determine the working hours.

Standard Actual Labor Cost $20 per hour $19.70 per hour Dolls Planned 8,000 Dolls 9,000 Dolls Labor Hours 2 Hours 1.94 Hours Labor 16,000 hours of use 17,500 hours Payroll $320,000 $344,750 The table shows that the actual labour cost is slightly less than the standard labor cost, which is $20 per hour, at $19.70 per hour. The actual labour hours per doll are slightly less than the standard 2 hours per doll, at 1.94 hours. The company originally intended to produce 8,000 dolls, but ultimately produced 9,000 dolls. Compared to the 16,000 hours that were planned, they actually worked 17,500 hours.

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