The correct answer is: show a $14,000 negative adjustment to net income under the indirect method for the decrease in prepaid insurance.
WME paid $72,000 for insurance premiums during 2011, which is the amount of cash flow related to insurance. The income statement reports insurance expense of $58,000, which represents the amount of insurance that was used up during the year (the amount of insurance that has expired).
Since WME paid more for insurance premiums than the amount of insurance that was used up, it means that the amount of prepaid insurance decreased during the year. Therefore, in the reconciliation schedule, WME should show a $14,000 negative adjustment to net income under the indirect method for the decrease in prepaid insurance.
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Define what liquidity means by completing the following sentence. Liquidity refers to an asset which can be readily used to pay for current
Answer:
Liabilities
Explanation:
'Liquidity' is described as the 'asset's property of being able to be sold without affecting its value or the degree to which it can be easily converted into cash.' If the liquidity ratio of a company is high, then its ability to pay off its current liabilities is high as well. Therefore, the company can pay off the debtors with immediate effect and thus, it would be able to meet its short-term financial commitments. This is the key reason for people's high investments in the companies having a higher liquidity ratio as they analyze the debt paying capability of the company first.
Milden company is a distributor who wants to start using a contribution format income statement for planning purposes. the company has analyzed its expenses and developed the following cost formulas: cost cost formula cost of good sold $35 per unit sold advertising expense $210,000 per quarter sales commissions 6% of sales shipping expense ? administrative salaries $145,000 per quarter insurance expense $9,000 per quarter depreciation expense $76,000 per quarter because shipping expense is a mixed cost, the company needs to estimate the variable shipping expense per unit sold and the fixed shipping expense per quarter using the following data: quarter units sold shipping expense year 1: first 10,000 $ 119,000 second 16,000 $ 175,000 third 18,000 $ 190,000 fourth 15,000 $ 164,000 year 2: first 11,000 $ 130,000 second 17,000 $ 185,000 third 20,000 $ 210,000 fourth 13,000 $ 147,000 required: 1. using the high-low method, estimate a cost formula for shipping expense in the form y
The cost formula for shipping expense is y = $28,000 + $9.1x where x represents the number of units sold.
To estimate the cost formula for shipping expenses using the high-low method, we need to identify the highest and lowest levels of activity and the corresponding total costs. From the data provided, it appears that the highest level of activity is in Year 2, the third quarter with 20,000 units sold and a shipping expense of $210,000. The lowest level of activity is in Year 1, a first quarter with 10,000 units sold and a shipping expense of $119,000.
The variable cost per unit can be calculated as the change in cost divided by the change in activity: ($210,000 - $119,000) / (20,000 - 10,000) = $9.1 per unit.
The total fixed cost can be calculated by subtracting the total variable cost from the total cost at either the highest or lowest level of activity. Using the highest level of activity: $210,000 - ($9.1 * 20,000) = $28,000.
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Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Being able to make decisions effectively can make a worker more independent.
Please select the best answer from the choices provided
T
F
Answer: True
Explanation:
When we are able to make decisions effectively, this can make a worker more independent. This is true.
It should be noted that when one makes decisions effectively, ones confidence is enhanced and one believes more in himself or herself.
When this occurs, as individuals, we trust ourselves and our abilities to make the right decisions which ultimately make us more independent.
Answer:
True
Explanation:
Just took the quiz
Cost-volume-profit analysis is the study of the effects of.
Cost-volume-profit analysis simply means the study of the effects of change in costs and volume on the profit of a company.
What is Cost-volume-profit analysis?Cost-volume-profit analysis simply means a way to find out how changes in cost will affect the profit.
Cost-volume-profit analysis is the study of the effects of change in costs and volume on the profit of a company.
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Why is it important to know the timeframe when working towards your savings goals?
Knowing the "when" of your financial goals is crucial because investing for short-term versus long-term goals differs, depending on how long you can keep your money invested, you will need to adopt a different investing approach.
What exactly do you mean by "timeframe of saving goals"?The framework of saving goals involves the time period for which an individual has been planning to save the amount. The planning framework can be of short term or long term.
Examples of short-term goals include: getting a new car or paying off student loans, whereas long-term objectives could be things :like putting money down for retirement, funding your children's education, or purchasing a second house.
Setting a deadline for achieving your goal can be helpful after you know how much money you need to save and your savings objective. This will encourage you even more to make progress toward your financial objectives.
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A soda manufacturer has two operating departments: mixing and bottling. mixing has 600 employees and bottling has 400 employees. office costs of $320,000 are allocated to operating departments based on the number of employees. the office costs allocated to the bottling department are:
Cost allocation is a technique of allocating the organization's costs among the various cost centers of the organization. Thus, the office costs allocated to the Bottling department are equal to $128,000.
What are allocation costs?Cost allocation is a technique of supplying relief to shared carrier organization's cost facilities that offer a product or provider. In turn, the related cost is assigned to internal clients' price centers that devour the goods and services.
As per the given information,
Total office costs: $320,000
We have given total number of employees for mixing = 600
And total number of employees for bottling = 400
office costs = $320,000
So total number of employees is equal to 600 plus 400 is 1000 employees.
\(\rm\,Allocation \,Base\, For\, Mixing: \frac{600}{1,000} = 0.6 \\\\So allocated amount for mixing is 0.6 \times \$320,000 = \$192,000\\\\Allocation \,Base\, for\, Bottling\, = \dfrac{400}{1,000} = 0.4\\\\So allocated amount for bottling = 0.4 \times \$320,000= \$128,000\)
Thus, the office costs allocated to the Bottling department is equal to $128,000.
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Taxes on cigarettes are designed to a. lower the price to reflect their true benefits b . encourage farmers to grow more tobacco . raise the price to reflect their true costs d. restrict sales to government-owned stores
Answer:
c
Explanation:
A tax is a compulsory sum levied by the government or an agency of the government on goods and services. Taxes increases the price of a good. the aim of tax on cigarettes is to increase the price of cigarettes. this should discourage consumption of cigarettes. taxes on cigarette reflect the true cost of consuming cigarettes
A registered nurse teaches a 70-year-old client with kyphosis about self-care measures. Which statement made by the client indicates effective learning? a) "I should take moist heat baths."
b) "I should do isometric exercises."
c) "I should sit in supportive armchairs."
d) "I should position myself quickly."
The statement made by the 70-year-old client with kyphosis that indicates effective learning is: "I should sit in supportive armchairs."
Kyphosis is a condition characterized by an excessive outward curvature of the spine, causing hunching of the back. In the case of a 70-year-old client with kyphosis, self-care measures are essential to maintain comfort, mobility, and independence.
Sitting in supportive armchairs is an effective self-care measure because it can help promote proper spinal alignment and reduce discomfort. Supportive armchairs provide adequate back support and can help maintain a more neutral spine position, reducing the stress on the spinal structures.
In contrast, taking moist heat baths (option A) may provide temporary relief for muscle pain, but it does not address the underlying issue of spinal alignment. Furthermore, positioning oneself quickly (option D) may lead to injury or exacerbate existing pain, as rapid movements can strain the spine and surrounding muscles.
In summary, the statement "I should sit in supportive armchairs" made by the 70-year-old client with kyphosis indicates effective learning, as it shows an understanding of self-care measures that can help maintain proper spinal alignment and reduce discomfort associated with the condition.
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A d d m e o n d i s c o r d
Katelyn#6394
Answer:
ok and thanks for the points
thanks:)
Answer:
ok
Explanation:
FREEEEEEE POINTS
You are responsible to manage and improve a large warehouse project in a manufacturing company. The project requires computer coding for automated guided vehicle movements inside the warehouse. To get computer coding specialists for this project, you contacted a computer specialist Consulting Firm (AYW) to provide three computer code specialists for one year. These resources will work at the site as a part of your project team (but managed by the Consulting Firm, AYW) for one year. Which contract type should be used by the Consulting Firm? Time and Material
Fixed cost Purchase Order Cost-plus Fee
A Time and Material contract is the best option for a project with a changing scope of work.
The contract type that should be used by the Consulting Firm (AYW) is Time and Material. This is because the project is not well-defined, and the scope of work may change over time. A Time and Material contract allows AYW to bill you for the actual time and materials that they use to complete the project. This gives you more flexibility, as you do not have to commit to a fixed price.
A Fixed Cost contract would not be a good option for this project, as it would be difficult to estimate the total cost of the project in advance. A Purchase Order contract would also not be a good option, as it would not allow AYW to bill you for any changes to the scope of work.
A Cost-plus Fee contract is a hybrid of a Time and Material contract and a Fixed Cost contract. In a Cost-plus Fee contract, AYW would be reimbursed for their actual costs, plus a fee. This type of contract can be used when the scope of work is well-defined, but there is some uncertainty about the total cost of the project.
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jetstar intends to grow to Indonesia by establishing a strategic partnership with a regional Indonesian airline. However, jetstar is mindful of the commercial dangers connected with this strategy. Before commencing on this strategic initiative in Indonesia, the CEO of jetstar has asked that you can provide him with a formal report detailing the study of the probable difficulties listed underneath.
a.
Describe in 200 words the two formal and two informal institutional aspects that Jetstar should take into account in its strategy to enter Indonesia. Additionally:
i.
Define and explain the particular aspects of business hazards (1 kind of risk for formal and another type of risk for informal institutions) which may develop from the institutional characteristics you have mentioned previously.
ii.
Explain succinctly if each of the aforementioned institutions has a facilitating or restricting effect on jetstar's strategic stance.
b.
Explain the methodology known as strategic alliance and propose two kinds of strategic alliance that users believe are applicable to Jetstar. Additionally:
i.
Discuss in a methodical and brief approach how a business strategy known as strategic alliance enables the organisation to alter or affect its institutional framework.
ii.
Outline clearly and simply how strategic alliances may be seen as a strategic technique that demonstrates the significant impact of institutional environment on the strategic status of a company of organizations such as Jetstar.
Jetstar intends to grow in Indonesia by establishing a strategic partnership with a regional Indonesian airline.
Strategic partnership-
This strategy involves some commercial hazards that Jetstar must take into account. Let's look at the two formal and informal institutional aspects that Jetstar should take into account in its strategy to enter Indonesia and two types of strategic alliances that Jetstar can use.
a. Formal and informal institutional aspects that Jetstar should take into account in its strategy to enter Indonesia are as follows:
Formal Institutional Aspects:Legal framework for investing in IndonesiaEconomic system of the country
Informal Institutional Aspects: Indonesian CultureLinguistics
i. Risks that can arise from the institutional characteristics mentioned above are as follows:
Formal Institutions: The legal system of Indonesia is complex, which may pose risks to the organization's operations.The organization may be exposed to the risk of an economic slowdown and other related risks due to the country's unstable economic system.
Informal Institutions: The organization may face the risk of poor marketing due to the country's language differences.Due to cultural variations, the organization may face cultural barriers that may result in political risk.
ii. Formal institutions have a restricting effect on Jetstar's strategic stance while informal institutions have a facilitating effect on Jetstar's strategic stance.
b. Two types of strategic alliances that users believe are applicable to Jetstar are as follows:
1. Joint Ventures
2. Distribution agreements
i. Strategic alliances help the organization to alter or affect its institutional framework by providing a platform to connect with different stakeholders. It allows the organization to access valuable resources such as capital, technology, and market reach, which can help improve the overall performance of the organization and help it gain a competitive advantage.
ii. Strategic alliances may be viewed as a strategic technique that demonstrates the significant impact of the institutional environment on the strategic status of a company such as Jetstar. It also enables the company to achieve better alignment with the institutional environment and change its institutional environment in the long term.
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6. Toxic stress-such as extreme poverty, maternal depression, severe neglect, or exposure to
violence- are childhood experiences that can undermine the developing brain.
(1 Point)
O adverse
O cephalocaudal
O cognitive
O cortisol
O development
o infants
O maturation
O neurons
physical
O plasticity
O preschoolers
O proximodistal
O Social Emotional
O synapses
O toddlers
O window of opportunity
Answer:Adverse
Explanation:Search it up
a 5-year u.s. treasury bond has a yield of 2.4%, while a 10-year aaa corporate bond has a yield of 5.6%. the primary cause(s) of the difference in yield between the two bonds is likely…
The primary cause of the difference in yield between the 5-year U.S. Treasury bond and the 10-year AAA corporate bond is likely a combination of factors, including the default risk premium, interest rate risk premium, and liquidity premium. Option D is correct.
Default Risk Premium; The AAA corporate bond carries a higher yield than the U.S. Treasury bond due to the higher credit risk associated with corporate issuers. Investors demand compensation for the potential default risk of the corporate bond, which is reflected in the higher yield. This is an example of the default risk premium.
Interest Rate Risk Premium; The 10-year corporate bond has a longer maturity compared to the 5-year Treasury bond. With a longer time horizon, there is an increased possibility of changes in interest rates over the bond's life. Investors demand a higher yield to compensate for the additional interest rate risk associated with longer-term bonds. This is an example of the interest rate risk premium.
Liquidity Premium; U.S. Treasury bonds are considered highly liquid and have a deep market, making them easier to buy and sell. On the other hand, corporate bonds may have lower liquidity and a narrower market, which makes them less attractive and potentially riskier for investors. Investors may require a higher yield for corporate bonds to compensate for the lower liquidity and the associated liquidity risk. This is an example of the liquidity premium.
Hence, D. is the correct option.
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--The given question is incomplete, the complete question is
"A 5-year u.s. treasury bond has a yield of 2.4%, while a 10-year aaa corporate bond has a yield of 5.6%. the primary cause(s) of the difference in yield between the two bonds is likely…A) The defailt risk premium B) The interest rate risk premium C) The liquidity premium D) All of these."--
the rate is the number of flow units that customers want per unit of time. need help? review these concept resources.
The rate is the number of flow units that customers want per unit of time. This can be expressed mathematically as rate = flow/time. For example, if customers want 10 flow units per minute, then the rate is 10 flow units/minute. Hope this helps!
The rate is a measure of how many units of a certain flow customers want over a given period of time. It is expressed mathematically as the ratio of the flow over the time period. For example, if customers want 10 flow units in 1 minute, the rate would be 10 flow units/minute. Knowing the rate is important for understanding how many units a customer wants over a certain period of time, which can be used to determine the cost of the service or product, as well as the amount of resources needed to fulfill the customer's needs.
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In the marketing mix, product refers to activities that communicate the merits of a product and persuade target customers to buy it.
a. true
b. false
The statement in the marketing mix, product refers to activities that communicate the merits of a product and persuade target customers to buy it is: True.
What is marketing mix?Marketing mix can be defined as the technique or strategies use by companies to create awareness about their product or brand.
The statement is true because with marketing mix a company can make use of price, product, promotion to attract and persuade potential customers to buy the product.
The marketing mix are:
PriceProductPromotionPlaceTherefore the statement is true.
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It has been reported that 40% of U.S. Workers employed as purchasing managers are females. In a simple random sample of U.S. Purchasing managers, 70 out of the 200 are females.
Answer:
a. Population proportion = 0.40b. Sample proportion = 0.35Explanation:
Question wants to know the population proportion and the sample proportion.
a. Population proportion:
The population in this case is the U.S. workers employed as purchasing managers. The proportion that we are interested in is the 40% that are female.
Population proportion is therefore 0.40.
b. The sample proportion uses the sample details not the population details:
= Number of females employed as Purchasing managers in sample / Number of Purchasing managers in sample
= 70 / 200
= 0.35
An example of a risky short term investment strategy is
Answer:
stocks are unpredictable and can be considered a risky short term investment, but if it goes well it will be considered a good risky investment strategy
Explanation:
It's day four of the Canadian retreat. Tony's newest topic is rewards and pay plans. He starts: "Edna showed me the salary figures and records for everyone. I can't find any pattern or rationale for how people are paid around here. I think we should work this out." Kenny sends everyone but Tony and Norton out to find more firewood and looks at Tony. "No one but the four of us know how everyone is paid around here. What were you trying to do? Start a fight?" Norton adds, "We do fine with the system we have. Why did you think we needed to talk about compensation this week?" Tony asks tersely, "Would you describe that system for me?" Kenny starts, "I like a guy, want him to work for us. So, I offer him whatever I made when I was his age. Or what Norton made at his age; especially if it's a technical job, like machine design." Tony groans and holds his head. Norton adds, "For the pros, though, we talk to them. Find out what pros are getting at other stores to demonstrate and sell the products. We pay that golf guy $10,000 each time he shows up and swings his club around the GREEN." Tony groans and holds his stomach. Kenny counters, "Well, the pros are special cases, right?" Tony collapses into a chair. Norton asks, "Tony, you took over setting starting salaries when you got here. What have you been doing?" Tony says, in a small voice, "Just offering what you offered the last guy in the same job. I couldn't figure out any other pattern. That's why I put compensation on the agenda for this week." Kenny and Norton groan. They all look up as the door opens and Eric comes in with a load of firewood. Questions Please review the TEAM FUN! case material at the end of prior chapters before answering these questions. 1. Make lists of TEAM FUN! rewards: extrinsic versus intrinsic; financial versus nonfinancial; performance-based versus membership-based. 2. Evaluate the appropriateness of these rewards for maintaining employee commitment at TEAM FUN!
The rewards at TEAM FUN! can be categorized into extrinsic and intrinsic, financial and nonfinancial, as well as performance-based and membership-based rewards.
TEAM FUN! has a mix of rewards, both extrinsic and intrinsic. Extrinsic rewards include financial incentives such as salaries and bonuses, while intrinsic rewards involve nonfinancial aspects like recognition, job satisfaction, and personal growth opportunities. Financial rewards are present in the form of salaries and bonuses, while nonfinancial rewards can be seen through the emphasis on creating a fun and enjoyable work environment.
The reward system at TEAM FUN! appears to be a combination of performance-based and membership-based rewards. Performance-based rewards are evident in the approach of offering salaries based on what Kenny or Norton earned at a similar age or position. This method, although simple, lacks a clear rationale and may result in inequities. On the other hand, membership-based rewards are observed in the case of hiring professionals, where the company considers market rates to determine compensation.
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during the most recent year, filmier furniture company produced 5,000 chairs and 3,000 desks. it incurred $80,000 of indirect material costs during the period. using number of units, how much of the indirect material costs should be allocated to the desks?
$30,000 of the indirect materials costs should be allocated to the desks.
To find the amount of indirect material costs that should be allocated to the desks, we need to use the Allocation base.
The Allocation base = Number of Units Produced/Total Number of Units Produced = 3,000/8,000 = 0.375
Therefore, we need to multiply the allocation base with the Indirect Material Costs.
0.375 x $80,000 = $30,000
Hence, $30,000 of the indirect material costs should be allocated to the desks.
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The self-employment tax on profit of a sole proprietorship is ______.
A) paid through withholding from the sole proprietor's compensation
B) computed on Schedule SE of Form 1040
C) paid in addition to federal income tax
The self-employment tax on profit of a sole proprietorship is computed on Schedule SE of Form 1040.
Self-employed people typically have to pay both income tax and self-employment (SE) tax. Social Security and Medicaid are principally funded by the SE tax.The self-employment tax is a tax on the net income of a self-employed individual, which includes sole proprietors. It is calculated based on the profit of the business and is reported on Schedule SE of Form 1040. It is paid in addition to federal income tax and is not withheld from the sole proprietor's compensation.
A sole proprietorship is a type of business that is owned and operated by one person and in which there is no legal separation between the owner and the business entity. It is also referred to as a lone tradership, individual entrepreneurship, or proprietorship. A sole proprietor may hire staff members and does not always work alone.
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Sienna wants to reconcile her bank account to check how much money she has to spend.
What does she need to do to adjust the balance in her bank statement?
While adjusting her bank statement balance, Sienna should first add 1.) ________
and then deduct 2.) _________.
1.)
- deposits in transit
- NSF fees
- bank service charges
2.)
- bank errors
- outstanding checks issued
- interest earned
1. NSF fees and service charges would be money taking out of her account. She wants to add what is being put into her account so she should add deposits in transit.
The answer is Deposits in transit.
2. Deductions is money being taken out, so she would deduct outstanding checks issued.
Answer: outstanding checks issued.
four reasons why Corona virus could be harmful to economic growth??
Answer:
Employees have to be let go because social distancing is a thing
Businesses are not getting enough customers because of quarantine, which leads to them shutting down
Factories that supply stores are shut down to prevent spread in factory lines
For those with computer jobs, working from home does not give an employee as much freedom with printing or scanning as it does at work, which slows down the completion of assignments and lowering the business`s dependability
**ECONOMY**
Taxation that allows higher-income people to pay less of their income on taxes than lower-income people is called:
A. regressive taxation
B. progressive taxation
C. proportional taxation
D. indirect taxation
Answer:a
Explanation:
pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 5.5%. The probability distributions of the risky funds are: Expected Return Standard Deviation Stock fund (S) 15 % 32 % Bond fund (B) 9 % 23 % The correlation between the fund returns is 0.15. Suppose now that your portfolio must yield an expected return of 12% and be efficient, that is, on the best feasible CAL. a. What is the standard deviation of your portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
The standard deviation of the portfolio is 7.09%.
What is the proportion of stock in minimum risky portfolio?= [(0.23)² - (0.32*0.23*0.15)] / [(0.32)² + (0.23)² - (2*0.32*0.23*0.15)]
= 0.31421708452
= 31.42%
What is proportion of bond fund in minimum risky portfolio?= 1 - 0.31421708452
= 0.68578291548
= 68.58%
What is the expected return of minimum risky portfolio?= 0.3142*15% + 0.6858*9%
= 0.04713 + 0.061722
= 0.108852
What is the standard deviation of your portfolio?= ((0.6858)² * (0.23)² * (0.3142)² * (0.33)²) + ((2 * 0.6858 * 0.3142 * 0.32 * 0.23 * 0.15))^0.5
= (0.00026747972 + 0.00475776218)^0.5
= 0.0050252419^0.5
= 0.0708889406
= 7.09%
Therefore, the standard deviation of the portfolio is 7.09%.
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which of the following properties indicates very strong intermolecular forces of attraction in a liquid
The property that indicates very strong intermolecular forces of attraction in a liquid is high boiling point.
Intermolecular forces are the attractive forces between molecules, and they play a significant role in determining the physical properties of liquids. Strong intermolecular forces result in a higher boiling point, which is the temperature at which a liquid changes into a gas.
In substances with strong intermolecular forces, such as hydrogen bonding, dipole-dipole interactions, or ion-dipole interactions, it requires more energy to break these forces and convert the liquid into a gas. Therefore, liquids with strong intermolecular forces tend to have higher boiling points.
The strong intermolecular forces of attraction in a liquid can be attributed to the close proximity and interactions between molecules. These forces contribute to the cohesion and stability of the liquid phase, leading to properties like high boiling points, increased surface tension, and viscosity.
Other properties such as high surface tension and viscosity may also indicate strong intermolecular forces, but the most direct and commonly used property to assess the strength of intermolecular forces in a liquid is the boiling point.
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At an output level of 41,000 units, you calculate that the degree of operating leverage is 2.90. If output rises to 55,760 units, what will the percentage change in operating cash flow be? (Do not round your intermediate calculations.)
Multiple Choice
a 104.40%
b 76.76%
c 109.62%
d 107.53%
The percentage change in operating cash flow will be approximately 104.40%.
This is calculated using the formula (Degree of operating leverage) x (Percentage change in output). Given the values provided, the percentage change in output is approximately 35.95%, and when multiplied by the degree of operating leverage (2.90), we get the final result.
To calculate the percentage change in operating cash flow, we need to use the formula:
Percentage change in operating cash flow = (Degree of operating leverage) x (Percentage change in output)
Given that the degree of operating leverage is 2.90, and the output increases from 41,000 units to 55,760 units, we can calculate the percentage change in output as follows:
Percentage change in output = (New output - Old output) / Old output x 100%
Percentage change in output = (55,760 - 41,000) / 41,000 x 100%
Percentage change in output = 14,760 / 41,000 x 100%
Percentage change in output ≈ 35.95%
Now, we can substitute the values into the formula to find the percentage change in operating cash flow:
Percentage change in operating cash flow = (2.90) x (35.95%)
Percentage change in operating cash flow ≈ 104.40%
Therefore, the percentage change in operating cash flow will be approximately 104.40%.
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The percentage change in operating cash flow when output rises from 41,000 units to 55,760 units is 104.40%.
1. To calculate the percentage change in operating cash flow, we need to use the formula: Percentage change = (New value - Old value) / Old value * 100.
2. The degree of operating leverage is given as 2.90, which means that for a given percentage change in sales, the operating cash flow will change by 2.90 times that percentage.
3. To find the percentage change in operating cash flow, we need to multiply the percentage change in sales by the degree of operating leverage.
4. The percentage change in sales is calculated as (55,760 - 41,000) / 41,000 * 100 = 35.95%.
5. Therefore, the percentage change in operating cash flow is 35.95% * 2.90 = 104.40%.
Hence the correct option is a)
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The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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2. List three interpersonal skills that sales associates need.
Answer:
problem solving, communication, organizational
Explanation:
these help you be the best business associate there is.
One of the following is against the business ethics. Find it.
a) Charging fair price for the product.
b) Giving wages to employees if by not considering their work load. c) Using correct measurement for products
d) Giving chances to hear the problems of employees.