Required 1 Required 2 Use the information above to compute the number of days in the cash conversion cycle for each year.
Cash: What Is It?Currency or coins are considered legal tender and can be used to pay for goods, settle debts, or exchange services. In some cases, the value of assets that can be quickly converted into cash is also included, as provided by a corporation.
Why does cash matter in accounting?Cash accounting is used by companies that only record transactions once money has actually changed hands. Until payment is received or paid, these companies won't report income or expenses. It doesn't matter if the goods and services have been delivered or if the invoice has been sent.
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the united states has one of the most entrepreneurial societies in the world. entrepreneurship requires a high level of risk-taking. based on this information, americans generally have a
Americans generally have a high tolerance for risk. The United States' reputation as one of the most entrepreneurial societies in the world suggests that its citizens tend to exhibit a higher willingness to take risks compared to other countries.
Entrepreneurship inherently involves venturing into the unknown, making bold decisions, and accepting the potential for failure. Americans, on average, embrace this level of risk and are often driven by a culture that encourages innovation, ambition, and a willingness to pursue opportunities even if they involve uncertain outcomes.
This risk-tolerant mindset can be seen in various sectors, such as technology, finance, and business, where individuals and companies are willing to take calculated risks to achieve their goals.
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Tonya lives in Texas. On a trip to Kansas her car broke down in Oklahoma. She used a gas station bathroom but did not buy gas. When she got to Kansas she refueled her vehicle and attended her conference where she ate food and purchased a trinket. She paid a sales tax on the trinket. On her way back she detoured to Colorado and marveled at the beauty of the bighorn sheep and the North American river otter. In which states was Tonya a free rider?
Answer:
Oklahoma (used a gas station bathroom but didn't by gas)
Explanation:
A free rider is someone that benefits from using a service or a product but that doesn't pay for it. E.g. a person that lives in city A and travels to city B and uses public parks. The parks are financed through taxes paid by residents of city B, since you pay your taxes in city A, you are a free rider in city B.
Her trip to Colorado wouldn't be considered a free ride since the bighorn sheep and the river are things that occur naturally and no one paid to make them.
Rachel's take home pay is $600 per month. She pays $200 for rent and utilities, $100 for food,
$5 for medication, and $30 for transportation. How much discretionary income does Rachel
have? I
Answer:
$265
Explanation:
To find the answer, subtract all of Rachel's expenses from her income. So, add up her expenses ($200-$100-$5-$30) and get $335. Now, subtract them from her income ($600 - $335) We would get $265 as our answer.
Discretionary income means the income available to use as one chooses.
Rachel's discretionary income is $265.
explain the role of participation as a key element of marketing.
The role of participation is a key element of marketing as many customers will participate in marketing activities when they think they will benefit. Contests, free samples, etc. are examples in which customers participate in marketing.
Participation marketing takes content marketing to the next level. It implicates initiating campaigns that are more practical so that customers can interact with brands more effectively. Experiences are crucial to today's consumers. Traditional advertising is not competent in working because consumers have become blind to it. Marketing to get consumers to participate, allows them to get the attention they demand while getting personal information that can help with their decision-making process.
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In which market would a producer sell bicycles to consumers?
In the markets for goods and services, a producer would sell his bike for purchase by customers.
What is the market for goods and services?Consumers buy consumables on the products and services market, and firms sell their commodities there. The market encompasses physical stores, the Internet, and any other location where consumers can exchange products and services.
The trading of finished goods takes place here. Businesses receive payment from customers in exchange for goods. The consumer gives money to the business in a flow. In contrast to this, enterprises can buy the materials they need on the factor market to make an item.
The rule of supply and demand governs how much is produced and at what price in the market for products and services.
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State two business situations where internal communication may be useful to you
the ceo at green inc. has established that employees should adhere to a vertical communication process and a fixed work flow system, and she strictly monitors these processes. the steps taken by the ceo at green inc. reflect the behavior of leaders suggested by the ohio state studies. group of answer choices employee-centered consideration initiating structure job-centered authoritative
The Ohio State Studies were a series of research studies conducted in the late 1940s and early 1950s by a team of researchers from Ohio State University. The studies aimed to identify the key behaviors exhibited by effective leaders in order to provide a framework for leadership development.
One of the key findings of the Ohio State Studies was that effective leaders exhibited two types of behavior: consideration and initiating structure. Consideration refers to the extent to which a leader is supportive, friendly, and approachable toward their employees. Initiating structure, on the other hand, refers to the extent to which a leader is task-oriented, organized, and focused on achieving goals.
Now, to connect this to the behavior of the CEO at Green Inc., it appears that the CEO is exhibiting a high degree of initiating structure. By establishing a fixed workflow system and monitoring it closely, she is demonstrating a focus on achieving goals and ensuring that tasks are completed efficiently. This is in line with the behavior of job-centered leaders identified in Ohio State Studies.
However, it is unclear from the information provided whether the CEO is also exhibiting consideration toward her employees. The fact that she is strictly monitoring the communication process could suggest that she is not particularly approachable or supportive towards her employees, which would be at odds with the behavior of employee-centered leaders identified in Ohio State Studies.
In conclusion, the steps taken by the CEO at Green Inc. reflect the behavior of job-centered leaders suggested by Ohio State Studies. However, without more information about her behavior towards her employees, it is difficult to determine whether she is also exhibiting consideration toward them.
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ehrmann data systems is considering a project that has the following cash flow and wacc data. what is the project's mirr? note that a project's projected mirr can be less than the wacc (and even negative), in which case it will be rejected. wacc: 9.75% year 0 1 2 3 cash flows -$1,000 $450 $450 $450 a. 14.11% b. 15.81% c. 17.22% d. 15.52% e. 10.72%
A performance materiality is a qualitative materiality is an amount set by the auditor that is less than planning the materiality and is used to make decisions about the extent of audit procedures for a particular class of transaction.
What is performance materiality?In the context of trading and investments, a security's price movement over a certain time frame is deemed to have moved by a significant amount if it confirms or deviates from a trader's initial assessment of the security's performance.
Any number or statistic that is important enough to mention, such as in account balances, financial statements, shareholder reports, or conference calls, is referred to as a material amount. Mentioning something that is not a material amount is regarded as minor or inconsequential.
The material amount is the minimum amount that must change in a security to confirm or deny a market perception or trading hypothesis.
Predicting the material amount for a specific strategy can be essential for a trading system to be successful.
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How do bonds generate income for investors?
A. Bonds depreciate in value.
B. Bonds protect investors from bankruptcy.
C. Bonds pay interest to the bank that sold the bond.
D. Bonds pay a specified amount to the investor at maturity.
Answer: D) bonds pay a specific amount to the investor at maturity
Explanation:
Bonds generate income for investors: B. Bonds protect investors from bankruptcy.
Bonds are considered to be safer investments as compared to the stocks because the bondholders can claim on the money generated by deposition of bonds in the event of bankruptcy. It becomes one of the source of income in scarcity of money. Bonds depreciates in value with time. The value of the bond reduces with as that of its face value. Bonds pay principle interest to the bond holder rather than to the bank. There is no surety of getting a specified amount after the maturity of bond as the value of bond depreciates with the time.Hence, option B is correct.
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Sales Tax - You go to the store and purchase a shirt for $21.18, how much will you pay
after 8.25% sales tax. Round to the nearest cent.
Answer:
$22.93
Explanation:
wealth and income are interchangeable terms, each meaning the same in reference to social class. t/f
The statement is false. Wealth and income are not interchangeable terms. Wealth refers to the total value of a person's assets, including property, investments, and savings, minus their debts.
Income, on the other hand, refers to the amount of money a person earns through employment or other sources on a regular basis. While income can be a significant factor in determining social class, wealth is often a better indicator of long-term financial security and social mobility. People with high incomes but low levels of wealth may struggle to maintain their standard of living in the long term, while those with substantial wealth can often weather economic setbacks more easily.
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The GUI is an index used by the OS to manage computer files,
O False
O True
Answer: I think it's true
substance secreted by the liver to emulsify fats
Answer:
bile juice
Explanation:
reckon it's bile juice
The activities of people traveling to and staying in places outside their usual environments for not more than one consecutive year for leisure, business, and other purposes is called _____.
transportation
travel
tourism
hospitality
Answer:
Tourism is the right answer
what is centralization in business ?
to calculate your monthly lease payment on a three-year lease using the "residual value" of a $26,500 MSRP car, subtract the 48% residual value from the MSRP and divide the result by the number of agreed upon months. What is the approximate monthly payment on a three-year lease agreement?
Answer:
The approximate monthly payment is $383
Explanation:
Here, we want to calculate the approximate monthly payment on a 3-year lease agreement and we have been told what to do in the question.
Firstly, we start off by subtracting 48% residual value from the MSRP
48% of 26,500 = 48/100 * 26,500 = $12,720
We subtract this from $26,500
That will be $26,500 - $12,720 = $13,780
We have 3 years and that is 36 months
So the approximate monthly payment will be;
$13,780 / 36 = 382.7777777777778 which is approximately $383 to the nearest whole digit
while you're editing an opportunity, a colleague calls with some information that you need for an upcoming presentation to your manager. what's the best way to create a note to save the details for later?
The best way to do this is to use a note-taking application or software that allows you to easily create and save notes.
The advantage to use note-taking applicationThis could be something as simple as the Notes app on your phone or computer, or a more advanced tool like Evernote or OneNote.
As you take down the information, be sure to include relevant details like the date, time, and context of the conversation. You can also use keywords and tags to help organize your notes for later reference.
Additionally, consider sharing the notes with your colleague or manager if it would be helpful for them to have the information as well.
By taking the time to create clear and detailed notes, you'll be better equipped to present the information effectively in your upcoming presentation.
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All of the following are weaknesses of the payback period technique except
(Select the best choice below.)
A. Ignores cash flows beyond payback period.
B. Ignores time value of money.
C. Difficulty of calculation.
D. No clearly defined accept/reject criteria.
B. Ignores time value of money.
This means that the technique does not account for the fact that money received or paid in the future is worth less than money received or paid in the present due to factors such as inflation and the opportunity cost of capital.
However, the remaining options A, C, and D are weaknesses of the payback period technique.
Option A states that it ignores cash flows beyond the payback period. This is a limitation because it fails to consider the profitability or returns generated by the investment after the initial investment is recovered. It overlooks the long-term cash flows and potential benefits that may occur beyond the payback period.
Option C highlights the difficulty of calculation as a weakness. The payback period technique is relatively simple to calculate, but it does not involve sophisticated financial metrics or consider the time value of money.
Option D states that there are no clearly defined accept/reject criteria. The payback period does not provide a specific benchmark or predetermined criteria for decision-making. Different companies or individuals may have varying thresholds for what they consider an acceptable payback period, making it a subjective measure.
In summary, the weaknesses of the payback period technique include its disregard for the time value of money (option B), its failure to account for cash flows beyond the payback period (option A), the simplicity of its calculation (option C), and the absence of clear accept/reject criteria (option D).
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UNIT 4 LAB
What must a country commit to in order to become a part of the Organization of Economic Cooperation?
How does one’s language force a person to think about time?
How does this difference in language relate to our propensity to save?
What experiments did Chen carry out to come up with these conclusions?
Did anything surprise you about this video? Why or why not?
1. What must country commit to in order to become a part of the Organization of Economic Cooperation?
- The affirmed common commitment of democracy, open markets, and free trade.
2. How does one’s language force a person to think about time?
- When you use different words in different tenses, it makes you think about the time these events took place, saying “I walked yesterday” is past tense but, “I’m walking” is present tense.
3. How does this difference in language relate to our propensity to save?
- Speaking futureless language, you will speak about time identically meaning you will feel as they are identical, it increases your propensity to save.
4. What experiments did Chen carry out to come up with these conclusions?
- Chen came up with knowledge of his own ideas to figure out the conclusion.
5. Did anything surprise you about this video? Why or why not?
- No. Everything made sense, everything had great conclusions talking about past, present, and future tenses.
How does one’s language force a person to think about time? that must a country commit to in order to become a part of the Organization of Economic Cooperation. The correct option is A.
What are the OECD guidelines?Governmental suggestions on ethical corporate behavior are contained in the OECD Guidelines for Multinational Enterprises (OECD Guidelines). The OECD Guidelines define expectations for ethical business behavior in relation to a number of topics, including the environment, labor rights, and human rights.
Essentially, there are two fundamental characteristics that nations must meet in order to join the OECD: democratic societies devoted to the rule of law and the preservation of human rights; and open, transparent, free-market economies.
Thus, the ideal selection is option A.
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Which settings would convert the information below into the table below?
Type of Animal Number of Children's Favorite
Whale-12
Tiger → 3
Lion 4
Elephant 6
Monkey 8
Giraffe 2
The settings that would convert the information given above is autofill to content.
What is autofill to content?Autofill to content refers to a feature in some software applications that automatically fills in or completes a form or field based on previously entered information or data. The goal of autofill to content is to save time and effort by automatically entering information that is likely to be the same for each new form or field.
For example, autofill to content can be used to automatically enter a user's name, address, phone number, and other contact information in a web form. When the user begins typing the first letter of their name or address, the software will suggest the rest of the information based on previous entries, allowing the user to select the correct information from a drop-down list and then automatically fill in the remaining fields.
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Multiple packaging is a. the most effective type of packaging for decreasing demand. b. likely to increase demand. c. the same as family packaging. d. likely to decrease serving size.
Answer:
b.
Explanation:
Likely to increase demand.
your firm has a credit rating of A You notice that the credit spread for five year maturity Adebt is 87 basis points (0.87%). Your fem's five-year debit has an annual coupon rate of 6.2%. You see that new five-year Treasury notes are being ved at par with an annual coupon rate of 22%. What should be the price of your outstanding fve year bonds? Assume 51.000 face value Assuming a $1.000 face value, the price of the bond is $(Round to the nearest cent)
Since the face value of your bond is $51,000, the price would be $50,385.24 (rounded to the nearest cent).
How to determine the price of outstanding fve year bondsBased on the information given, your firm's credit rating of A indicates a low risk of default.
However, the credit spread of 0.87% suggests that investors are demanding a higher yield to compensate for the perceived risk.
This means that your firm's five-year debt, with an annual coupon rate of 6.2%, is likely trading at a discount to its face value to provide a higher yield.
To determine the price of your outstanding five-year bonds, we can use the following formula:
Price = (Annual Coupon Payment ÷ Yield) x (1 - (1 ÷ (1 + Yield)^Years to Maturity)) + (Face Value ÷ (1 + Yield)^Years to Maturity)
Using a $1,000 face value and a yield of 6.09% (6.2% coupon rate plus 0.87% credit spread), the price of your bonds would be $989.24.
However, since the face value of your bond is $51,000, the price would be $50,385.24 (rounded to the nearest cent).
This price reflects the discount at which your firm's debt is trading to provide the higher yield demanded by investors in light of the credit spread.
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Morning light does not enter the swamp. Even the sunrise is dark. Still, time progresses, night into day
A picture of bayou country is deceiving Slow streams converge under mud to make the appearance of land that is actually water. One net of moss hangs from one hundred trees. Lightning strikes the
same stump many times.
People pass the swamp's fringes in trains, on tracks that cling to the last solid ground. Out of their windows are landscapes that take the earth's colors to every periphery, Bright orange sunsets
surround people like sky on an airplane. On gray foggy mornings they ride through a dream that has no beginning or end. But time has its limits, these people know. They are expected places--Memphis
by midnight, New Orleans by dawn
Deep in the swamp, animals keep the only appointments Birds gather at high places in trees. Raccoons make their last noisy passes for food across someone's back porch before he awakes. Fish all
around splash up, although they cannot see the morning coming to clean the picture of day like clothes bleaching in a galvanized tub from dark gray to light gray
Joan looked out from the porch to the swamp she had known all her life. Ahead of her in the veiled light were the outlines of many trees. Below and around her were the crisp sounds of nature
awakening Cupped in both hands, perched on her knees was a warm mug of coffee.
Which of the following can the reader infer from the passage above?
O Travelers sleep throughout the journey.
O The ride is for airplane passengers to see the sky.
O Travelers lose their sense of the outside world.
Answer:
Travelers lose their sense of the outside world.
Explanation:
Study Island
empowerment makes an it department less productive because it must spend more time responding to the daily concerns of users and less time on high-impact systems development projects that support strategic business goals.
An empowered department must spend more time reacting to users' daily problems and less time on high-impact systems development projects that serve strategic corporate goals, empowered departments are less productive. This assertion is untrue.
Improving employee engagement is helpful to keep your best employees by empowering them in the workplace. Empowerment is founded on the notion that making people more competent and happy by giving them the tools, power, freedom, and incentive to execute their jobs while also holding them responsible for their actions. In other words, empowering employees to take charge of their responsibilities has significant, long-lasting benefits for both the business and the people who work there.
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a person's real income will increase by 5% if her nominal income increases by . question 18 options: 2% while the price index riese by 5%. 7% while the price index rises by 2%. 5% while the price index rises by 2%. 3% while the price index falls by 8%.
A person's real income will increase by 5% if her nominal income increases by 7% while the price index rises by 2%. To determine when a person's real income will increase by 5%, let's analyze each option provided:
1. Nominal income increases by 2% while the price index rises by 5%:
Real income = (Nominal income / Price index) * 100
In this case, the real income decreases as the price index increases more than the nominal income, so this option is incorrect.
2. Nominal income increases by 7% while the price index rises by 2%:
Real income growth = ((1.07 * Nominal income) / (1.02 * Price index)) * 100 - Nominal income
In this scenario, the real income growth is approximately 4.9%, which is close to a 5% increase. This is the correct answer.
3. Nominal income increases by 5% while the price index rises by 2%:
In this case, the real income growth is approximately 2.9%, which is less than the desired 5% increase. So, this option is incorrect.
4. Nominal income increases by 3% while the price index falls by 8%:
In this scenario, the real income growth is much higher than 5%, as the decrease in the price index contributes to a larger increase in real income. Therefore, this option is also incorrect.
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Exercise 11-2 Computing All Variances (LO3- CC15, 17, 18; L04 - CC22, 23) 5 Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labour standards for one unit of Zoom follow: 14 points Direct materials Direct labour Variable overhead Standard Quantity or Hours 4.10 kilograms 0.40 hour 0.40 hour Standard Price or Rate $1.90 per kilogram $6.00 per hour $1.00 per hour Standard Cost $ 7.79 2.40 0.40 eBook Print References The budgeted fixed overhead cost is $15,022 per month. The denominator activity level of the allocation base is 1,400 direct labour- hours. During the most recent month, the following activity was recorded: a. 10,600 kilograms of material were purchased at a cost of $2.21 per kilogram. b. All of the material purchased was used to produce 3,500 units of Zoom. c. A total of 820 hours of direct labour time was recorded at a total labour cost of 9,348. d. The variable overhead cost was $1,640, and the fixed overhead cost was $27,818. Required: 1. Compute the direct materials price and quantity variances for the month. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).) 5 14 points eBook 5. Compute the underapplied or overapplied overhead for the month. (Round intermediate calculations and round final answer to 2 decimal places. Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).) Print References Total variable overhead variance Total fixed overhead variance 5 4. Compute the fixed overhead budget and the volume variances for the month. (Round intermediate calculations to the nearest whole dollar amount. Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).) 14 points Fixed overhead budget variance Fixed overhead volume variance eBook Print References 5. Compute the underapplied or overapplied overhead for the month. (Round intermediate calculations and round final answer to 2 decimal places. Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).)
The variances that are associated with direct materials are calculated as follows:Direct materials price variance = AQ (AP - SP)Direct materials quantity variance = SP (AQ - SQ).
The computations related to direct materials, variable overhead, and fixed overhead budget and volume variances are required to enable companies to control their costs. Management uses these variances to determine how effective it has been in using its resources. Direct materials are the materials that are used directly in the manufacture of a product. The price variance is used to evaluate the difference between the actual and expected prices. The quantity variance is used to evaluate the difference between the actual and expected quantities.The variable overhead spending variance is used to determine the difference between the actual and expected variable overhead costs. This variance is calculated by multiplying the difference between the actual and expected rates by the actual activity level.The fixed overhead budget and volume variances are used to determine whether actual overhead costs were higher or lower than expected. The budget variance is calculated by subtracting the budgeted fixed overhead cost from the actual fixed overhead cost. The volume variance is calculated by subtracting the expected fixed overhead cost from the actual fixed overhead cost.
In conclusion, the computation of variances is an essential tool for controlling costs. The Huron Company is able to calculate its direct materials price and quantity variances, variable overhead spending variance, and fixed overhead budget and volume variances. The use of these variances provides the management with an overview of how effective it has been in using its resources.
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Which leadership skill do you feel is most important for a small business to succeed for a
long time? Explain your answer using examples. It's depends on the business that they are doing because they all have strengths and weakness.
Meeting others through volunteer work is the most common way people expand their network. true false
Answer:
false
Explanation:
Answer:
F
Explanation:
Just took the quiz on Edge
Communication training may encompass train-the-trainer initiatives. 01) True 2) False )
The statement' communication training may encompass train-the-trainer initiatives' is true.
In the field of business where communication is required, the people who are trained need to enhance their skills with time, based on the new clients or deals that are being made.
Hence, in communication training, the trainer might need to be trained in order to make a new style or strategy for new deals or clients. This, in communication training, the train-the-trainer initiatives can be observed as there are no higher levels any every worker needs training for the next level.
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the form of business organization that comprises about 19 percent of all businesses in the united states is the
The form of business organization that makes up approximately 19 percent of all businesses in the United States is the sole proprietorship.
A sole proprietorship is the simplest and most common type of business structure, where a single individual owns and operates the business. It does not require any formal legal documentation or separate legal entity, and the owner is personally liable for all debts and liabilities of the business. Sole proprietorships are popular among small businesses, startups, and freelancers due to their ease of formation and flexibility, but they also carry potential risks and limitations such as unlimited personal liability and limited access to capital.
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