Answers
In a job-order cost system, the event that would trigger recording data on a job cost sheet is the purchase of direct materials. Therefore, the correct answer is option B. the purchase of direct materials.
A job-order cost system is a cost accounting system that accumulates costs for individual production jobs or batches. In this system, a job cost sheet is used to record the costs associated with a particular job. These costs include direct materials, direct labor, and manufacturing overhead. The purchase of direct materials is an event that would trigger recording data on a job cost sheet because direct materials are a significant cost associated with a particular job. However, the recording of depreciation on production machinery (option A) and the payment of fire insurance on the factory building (option C) are not costs associated with a particular job, so they would not trigger recording data on a job cost sheet. Therefore, the correct answer is option B. the purchase of direct materials.
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Related Questions
company sell goods to customer who will pay full amount in 30 days; how to record the sale
Answers
Answer:
How to record a credit sale:The General Journal or Sales Journal (a subsidiary journal) if the volume of credit sales is on the high side can be used.
i) Using the General Journal:
Date Description Debit Credit
xxx Accounts Receivable (Marjorie Customer) $$$
Sales Revenue $$$
To record the sale of goods on credit, terms n/30.
ii) Alternatively, the Sales Journal is used:
Date Description Amount
xxx Marjorie Customer $$$
other customers $$$
Total (Accounts Receivable) $$$
Explanation:
The General Journal is an all-purpose journal, which can be used to initiate the recording of business transactions. It shows the accounts to be debited and the ones to be credited in the General Ledger.
The use of a subsidiary journal, e.g. a Sales Journal, helps to summarize the particular type of transaction for a period before the total is posted to the control account in the general ledger and the individual customer accounts in the Subsidiary Ledger.
Main Line Restaurant Group (MLRG) is a company that owns and operates a national chain of Italian themed restaurants. Each of its restaurants is equipped with a series of hoods that ventilate smoke from a wood-burning pizza oven to the outside via a roof vent. Last year, as part of a broader air pollution control law, Congress passed a statute that authorized the appro priate administrative agency to implement rules intended to decrease the amount of pollution caused by debris in the air from commercial use of wood -burning ovens . 1. What administrative agency would likely have juris diction under this statute ? 2. When Congress passes a law such as the one described above , what is this type of statute called ?
Answers
The administrative agency that would likely have jurisdiction under this statute is the environmental protection agency (EPA).
When Congress passes a law such as the one described above, this type of statute is called Public Law 104–1. and sometimes referred to as Clean Air Act Amendments of 1990.
What is the The Clean Air Act: 1990 Amendments?President George H. W. Bush signed the Clean Air Act revision into law on November 15, 1990, with a resoundingly bipartisan majority. With regard to the environment and the health of millions of Americans, the modifications were specifically made to address four significant threats: acid rain, urban air pollution, hazardous air pollutants, and stratospheric ozone depletion.
In order to make the law more practical, the changes also established a national operating permits mechanism and tightened enforcement to assist assure better adherence to the Act.
Note that the revisions included a number of innovative and forward-thinking new strategies for successfully attaining the air quality objectives and regulatory reform anticipated from these extensive amendments.
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Question 1 of 10
Malika defaulted on the equipment loan for her hair salon. What type of
remedy would the bank would most likely seek?
Answers
Answer: An attachment
Explanation: ap3x:)
Answer: attachment
Explanation:
A pex just took quiz
Sam and Devon agree to go into business together selling college-licensed clothing. According to the agreement, Sam will contribute inventory valued at $110,000 in return for 80 percent of the stock in the corporation. Sam’s tax basis in the inventory is $55,000. Devon will receive 20 percent of the stock in return for providing accounting services to the corporation (these qualify as organizational expenditures). The accounting services are valued at $27,500. (Negative amount should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.)
Assume Devon received 25 percent of the stock in the corporation in return for his services.
g. What amount of income, gain, or loss does Devon recognize on the formation of the corporation? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.)
Answers
Answer:
Explanation:
$38,500
b) Find the standard deviation and the coefficient of variation of the following data. 25 Marks Interval Frequency Interval Frequency 3.00-3.25 6 4.00-4.25 47 3.25-3.50 19 4.25-4.50 29 3.50-3.75 35 4.50-4.75 15 3.75-4.00 44 4.75-5.00 5
Answers
The standard deviation is 0.4182 and the coefficient of variation is 10.5%.
Given the following data Interval Frequency 3.00-3.25 64.00-4.25 473.25-3.50 194.25-4.50 293.50-3.75 354.50-4.75 153.75-4.00 445.00-4.75 5 The formula for finding the standard deviation is:\($$ \sigma =\sqrt{ \frac{\sum f(x-\overline{x})^2}{N}} $$\)
The table below shows the calculation; Interval \($X$ Midpoint ($X_i$)\) Frequency \(($f$) $x-\bar{x}$ $f(x-\bar{x})$ $(x-\bar{x})^2$ $f(x-\bar{x})^2\)
$3.00-3.25 3.125 6 -0.725 -4.35 0.525625 3.153.25-3.50 3.375 19 -0.475 -9.025 0.225625 4.279.50-3.75 3.625 35 -0.225 -7.875 0.050625 1.773.75-4.00 3.875 44 0.025 1.1 0.000625 0.274.00-4.25 4.125 47 0.275 12.925 0.075625 3.554.25-4.50 4.375 29 0.525 15.225 0.275625 7.994.50-4.75 4.625 15 0.775 11.625 0.600625 9.01.75-4.00 4.875 5 1.025 5.125 1.050625 5.25 \($\sum f=200$ $\sum f(x-\bar{x})= 3.15$ $\sum f(x-\bar{x})^2= 35.01$\)
The variance is: \($ \sigma^2 =\frac{\sum f(x-\overline{x})^2}{N} $$\sigma^2=\frac{35.01}{200}=0.1751$\)
Therefore, the standard deviation is: \($$ \sigma=\sqrt{ \sigma^2} $$$ \sigma=\sqrt{ 0.1751}=0.4182$\)
The formula for finding the coefficient of variation is:$$ C.V = \(\frac{\sigma}{\overline{x}} \times 100\% $$\)
The coefficient of variation is:$$ C.V = \(\frac{0.4182}{3.985} \times 100\% $$$C.V = 10.5\%$\)
Therefore, the standard deviation is 0.4182 and the coefficient of variation is 10.5%.
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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.
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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Ann bell borrowed $12,000 at a 7% interest rate for two years. After two years, what is the total repayment amount?
Answers
Answer:
The total amount for repayment is $13,738.8
Explanation:
Amount to be repaid after x years=Principle amount *(1+(interest/100))^x
Using this, interest=7; x=2;
Amount to be repaid comes out to be 12000*(1.07)^2
i.e. 13,738.8.
MORTON COMPANY TRANSFER PRICING
The Cycle Division of Morton Company has the following per unit data related to its most recent cycle called Roadbuster.
Cycle Division -Morton Bodyframe Division
Selling price $2.000 Selling price $360
Variable cost of goods sold $1.200 Variable cost $250
Body frame 300
Other variable costs 900 Contribution margin
Contribution margin $800
Presently, the Cycle Division buys its body frames from an outside supplier. However Morton has another division, BodyFrame, that makes body frames for other cycle companies.
The Cycle Division believes that BodyFrame’s product is suitable for its new Road- buster cycle. Presently, BodyFrame sells its frames for $360 per frame.
The variable cost for BodyFrame is $250. The Cycle Division is willing to pay $280 to purchase the frames from BodyFrame.
(A) Assume that BodyFrame does not have excess capacity and therefore would lose sales if the frames were sold to the Cycle Division. If the Cycle Division buys 1,000 frames from BodyFrame, determine the following: (1) effect on the income of the Cycle Division; (2) effect on the income of BodyFrame; and (3) effect on the income of Morton.
Answers
the effect on the income of Cycle Division is $650,000 increase, the effect on the income of BodyFrame is $80,000 decrease, and the effect on the income of Morton is $570,000 increase.
The effect on the income of Cycle Division, BodyFrame, and Morton can be determined by using the transfer pricing method. There are two types of transfer pricing methods, which are:
1. Market-based transfer pricing
2. Cost-based transfer pricingIn this case, the cost-based transfer pricing method will be used. The transfer price will be set as per the cost incurred by the seller and then the buyer will pay the transfer price for the product purchased.
(1) Effect on the income of Cycle Division:Calculation of contribution margin if the Cycle Division buys from BodyFrame:Selling price - Variable cost of goods sold
per unit= $2000 - $250 = $1750Contribution margin per unit = $1750 - $300 = $1450
Contribution margin if the Cycle Division buys 1,000 frames from BodyFrame = 1,000 × $1450 = $1,450,000
Contribution margin if the Cycle Division continues to buy from the outside supplier = 1000 × $800 = $800,000Effect on the income of Cycle Division = $1,450,000 - $800,000 = $650,000 (increase)
(2) Effect on the income of BodyFrame: The BodyFrame division will sell 1000 frames to the Cycle Division. The selling price of the frames to the Cycle Division is $280 per frame.
Variable cost of the frames sold to the Cycle Division = $250 per frame. Contribution margin per frame = Selling price - Variable cost per unit= $280 - $250 = $30Contribution margin if the BodyFrame division sells 1000 frames to the
Cycle Division = 1000 × $30 = $30,000.Contribution margin if BodyFrame sells the 1000 frames to external customers = 1000 × ($360 - $250) = $110,000Effect on the income of BodyFrame = $30,000 - $110,000 = -$80,000 (Decrease)(3) Effect on the income of Morton:The effect on the income of Morton is the sum of the effect on the income of Cycle Division and the effect on the income of BodyFrame.
Effect on the income of Morton = $650,000 + (-$80,000) = $570,000 (increase)Thus, the effect on the income of Cycle Division is $650,000 increase, the effect on the income of BodyFrame is $80,000 decrease, and the effect on the income of Morton is $570,000 increase.
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Match each item characteristics, assumptions, principles, and constraint guide the FASB when it creates accounting standards with a description below.1. select an option Going Concern Assumption Periodicity Assumption Materiality Economic Entity Assumption Monetary Unit Assumption RelevanceCost Constraint Comparability Full Disclosure Principle Historical Cost Principle Consistency Faithful Representation Items not easily quantified in dollar terms are not reported in the financial statements.2. select an option Periodicity Assumption Historical Cost Principle Comparability Monetary Unit Assumption Economic Entity Assumption Consistency Relevance Full Disclosure Principle Faithful Representation Cost Constraint Materiality Going Concern Assumption Accounting information must be complete, neutral, and free from error.3. select an option Comparability Monetary Unit Assumption Materiality Economic Entity Assumption Full Disclosure Principle Relevance Periodicity Assumption Consistency Cost Constraint Faithful Representation Historical Cost PrincipleGoing Concern Assumption Personal transactions are not mixed with the company’s transactions.4. select an option Cost Constraint Going Concern Assumption Monetary Unit Assumption Consistency Economic Entity Assumption Relevance Faithful Representation Comparability Periodicity Assumption Historical Cost Principle Full Disclosure Principle Materiality The cost to provide information should be weighed against the benefit that users willgain from having the information available.5. select an option Relevance Cost Constraint Faithful Representation Comparability Going Concern Assumption Consistency Periodicity Assumption Full Disclosure Principle Materiality Monetary Unit Assumption Economic Entity Assumption Historical Cost Principle A company’s use of the same accounting principles from year to year.6. select an option Consistency Periodicity Assumption Cost Constraint Historical Cost Principle Materiality Full Disclosure Principle Going Concern Assumption Faithful Representation Economic Entity Assumption Relevance Monetary Unit Assumption Comparability Assets are recorded and reported at original purchase price.7. select an option Full Disclosure Principle Monetary Unit Assumption Historical Cost Principle Materiality Consistency Periodicity Assumption Relevance Going Concern Assumption Economic Entity Assumption Comparability Faithful Representation Cost Constraint Accounting information should help users predict future events, and should confirm or correctprior expectations.8. select an option Consistency Comparability Materiality Full Disclosure Principle Going Concern Assumption Faithful Representation Relevance Economic Entity Assumption Historical Cost Principle Monetary Unit Assumption Cost Constraint Periodicity Assumption The life of a business can be divided into artificial segments of time.9. select an option ComparabilityMonetary Unit AssumptionEconomic Entity Assumption Periodicity Assumption Relevance Full Disclosure PrincipleGoing Concern Assumption Cost Constraint Consistency Historical Cost Principle Materiality Faithful Representation The reporting of all information that would make a difference to financial statement users.10. select an option RelevanceGoing Concern AssumptionConsistencyMonetary Unit Assumption Periodicity Assumption Historical Cost Principle Faithful Representation Comparability Materiality Full Disclosure Principle Economic Entity Assumption Cost Constraint The judgment concerning whether an item’s size makes it likely to influence a decision-maker.11. select an option Monetary Unit Assumption Comparability Relevance Full Disclosure Principle Materiality Cost Constraint Historical Cost Principle Periodicity Assumption Consistency Going Concern Assumption Economic Entity Assumption Faithful Representation Assumes a business will remain in operation for the foreseeable future.12. select an option Cost Constraint Going Concern Assumption Consistency Historical Cost Principle Economic Entity Assumption Monetary Unit Assumption Relevance Periodicity Assumption Materiality Comparability Faithful Representation Full Disclosure Principle Different companies use the same accounting principles.
Answers
Answer:
1. Monetary Unit Assumption: Items not easily quantified in dollar terms are not reported in the financial statements.
2. Faithful Representation: Accounting information must be complete, neutral, and free from error.
3. Economic Entity Assumption: Personal transactions are not mixed with the company's transactions.
4. Cost Constraint: The cost to provide information should be weighed against the benefit that users will gain from having the information available.
5. Consistency: A company's use of the same accounting principles from year to year.
6. Historical Cost Principle: Assets are recorded and reported at original purchase price.
7. Relevance: Accounting information should help users predict future events, and should confirm or correct prior expectations.
8. Periodicity Assumption: The life of a business can be divided into artificial segments of time.
9. Full Disclosure Principle: The reporting of all information that would make a difference to financial statement users.
10. Materiality: The judgment concerning whether an item's size makes it likely to influence a decision-maker.
11. Going Concern Assumption: Assumes a business will remain in operation for the foreseeable future.
12. Comparability: Different companies use the same accounting principles.
As part of a valuation analysis, you have identified two comparables: KLA Tencor (KLA) and Lam Research (LAM). KLA has company value of $9,600, market value of equity of $8,000, and net income of $400. LAM has company value of $12,000, market value of equity of $6,000, and net income of $500. If KLA has NOPAT of 400 and LAM has NOPAT of 600, the P/E ratios for KLA and LAM should be, respectively: Group of answer choices 20 and 12 14 and 8 Not enough information 40 and 30 24 and 20
Answers
Answer:
The correct option is 20 and 12. That is, the P/E ratios for KLA and LAM should be, respectively: 20 and 12.
Explanation:
The price-earnings (P/E) ratio can be calculated using the following formula:
P/E ratio = Market value of equity / Net income ............... (1)
From the question. we hav:
KLA market value of equity = $8,000
KLA net income = $400
LAM market value of equity = $6,000
LAM net income = $500
Using equation (1) and the above information, we have:
P/E ratios for KLA = $8,000 / $400 = 20
P/E ratios for LAM = $6,000 / $500 = 12
Therefore, the correct option is 20 and 12. That is, the P/E ratios for KLA and LAM should be, respectively: 20 and 12.
A for-profit institution that works with the general public to open and manage
savings accounts is known as a(n).
A. commercial bank
B. savings bank
C. credit union
D. investment bank
Answers
Answer:
B. savings bank
Explanation:
Savings bank is defined as a bank which helps customers or people to invest or deposit in interest giving accounts that will give a long term investment.
Savings bank were started in Europe in the 19th century. Saving banks gives interest on the deposit amount that is why its is a for-profit institution for general public. The interest saving banks give by investing in government and corporate debt.
Hence, the correct answer is "B. savings bank".
Mpho purchase a laptop from Ashley for R 5000. Mpho withdraws a cheque on capitec bank in favour of ashley or order for the R500. ASHLEY OWES MARY r5000 and negotiates the cheque to mary. mpho discovers that the laptop does not work and cancels the cheque. mary the cheque for payment, ony to discover that the cheque has been cancelled. what does mary possess explain your answer
Answers
Answer:
Mary possesses a cancelled cheque from Mpho, which means she does not have a valid instrument for payment. When Mpho cancelled the cheque, it became null and void, and Mary cannot cash it or use it as payment for the laptop that Ashley sold to Mpho.
Explanation:
When Mpho purchased the laptop from Ashley and gave a cheque as payment, a contract was formed between them. However, when Mpho discovered that the laptop was faulty and cancelled the cheque, the contract between Mpho and Ashley was terminated. Ashley could not negotiate the cancelled cheque to Mary because it no longer represented a valid payment instrument.
Therefore, Mary has no legal claim to the R 5000 owed by Ashley to Mpho. Ashley will have to find another way to pay the debt owed to Mary.
Stocks offer an expected rate of return of 18% with a standard deviation of 22%. Gold offers an expected return of 10% with a standard deviation of 30%. a. In light of the apparent inferiority of gold with respect to both mean return and volatility, would anyone hold gold
Answers
Why do you
think it's easier to forget entrepreneurship than labor or capital?
Answers
Entrepreneurship is much less tangible than other factors of production capital, that is why it's far more hard to discover.
Entrepreneurship is the assignment of latest business ventures that could eventually become profitable agencies. Some economists identify entrepreneurship as a factor of production due to the fact it is able to boom the effective performance of a company. Land refers to herbal resources, exertions refers to work attempt, and capital is anything made that is used to make something else. The final aid, entrepreneurship, refers to the capability to place the opposite 3 sources together to create capital.
Labor refers to all salary-incomes activities, including the work of specialists, retail workers, and so forth. Entrepreneurship refers back to the projects taken by way of entrepreneurs, who commonly begin as the first people in their firms after which regularly appoint different elements of production to grow their organizations.
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Calvin is the night security officer at a children's museum. What might be one task that Calvin performs as part of his job?
Answers
Answer:
viewing video surveillance and conducting walk throughs
Explanation: I took the test
What steps will allow you to use the Keep Together property to ensure that none of the records are broken between two pages when they are printed?
Answers
Answer: 1. design
2. property sheet
3. yes
Explanation: just did it
Write a pin introducing yourself to the class, and addressing one or more of the following questions.
[NOTE: do not feel that you have to post a response to ALL of these questions - just select one or more to which you'd like to provide a response.]
1) How would each of the three views assess the U.S. corporations' practice of offshoring their manufacturing operations to lower cost locations? Is it wrong for international managers to do this?
2) From the "Uber" mini-case in the Hill & Hult textbook: what are the pros/cons of Uber's Global Strategy? What could Uber have done differently?
3) From the "Boeing" mini-case in the Hill & Hult textbook: Do you think that Boeing's most recent decision to rethink its outsourcing strategy is correct?
4) From the "Medical Tourism" mini-case in the Hill & Hult textbook: What are the benefits to American medical providers of outsourcing certain well-defined tasks such as interpreting an MRI scan to foreign providers in countries such as India? What would Economic Nationalists in the United States say about this? How would Liberals defend this practice?
Answers
Based on my own opinion, i will say that From the "Boeing" mini-case in the Hill & Hult textbook, I do think that Boeing's most recent decision to rethink its outsourcing strategy is correct.
Why did Boeing restructure and outsource the project operations?The reason for the outsource is so that they can lower the costs and and the time spent on development.
Note that Boeing was known to have created about 787 through the use of a system that is said to be an unconventional three-tier supply chain.
Note that The implementation of this was said to have led to a substantial increase in outsourcing.
Hence, Based on my own opinion, i will say that From the "Boeing" mini-case in the Hill & Hult textbook, I do think that Boeing's most recent decision to rethink its outsourcing strategy is correct.
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What qualities or characteristics might lead to the emergence of an innovation desert? Is it always a geographical definition, or could it be defined in other ways?
Answers
No, it is not always a geographical definition. It could be on the basis of need of a community to meet the global requirement. Specific populations fall into identical “innovation deserts,” where the population will need to be rooted in entrepreneurialism and technology in order to be at par with the global culture
What is the import of an innovation deserts?An innovation desert enables the development of a disadvantaged community to be at par with the rest of the world through an inclusive innovation economy. The innovation will eradicate “innovation deserts” in a disadvantaged communities, which are most especially the equivalent of food deserts where individuals lack access to fundamental resources to thrive.
Therefore, the correct answer is as given above
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2. Suppose the State bank of Pakistan instructs its Trading Desk to purchase Pkr 5 billion of securities. Analyze the result of this transaction on the balance sheets of the State bank of Pakistan and commercial banks?
Answers
Answer:
The definition has always been listed throughout the clarification section downwards as per the query.
Explanation:
One such trade infuses the community with extra cash as well as raises the Federal Reserve Business's resources.
The Changes In accounting estimates law implemented here seems to be:
⇒ \(Total \ Assets = Total \ Liabilities + Capital\)
Above that, the trade would have an impact mostly on income statement including its Federal Reserve System for almost the similar positive and negative number, without any adjustment mostly on the liability side. Although the trade will have a two-way influence on the investment banking institutions:Everything always raises investments towards commercial banks, leading to increased obligations, as well as increases the accounts receivables with financial firms, leading to an increase throughout reserves. And whether the capital expenditure acquired by that of the Central Bank takes into account another commitment including its financial institutions, then perhaps the expenditure including its financial institutions is decreased as well as the free margin requirement including its banking institutions is raised, consisting in something like a simultaneous decline or rise throughout reserves.(9782)
कीजिए।
b) Dr. Sapna got her MBBS degree. As she is going to start a profession, she should be aware of
the feature of Profession. What features of profession she should know?
(Lesson 2)
Answers
Answer:
As she is going to start a profession, she should be aware of the feature of Profession and features of profession she should know is explained below in detail.
Explanation:
A profession is described as obtaining high expertise in a certain discipline and working to develop all that field for the well-being of the earth.
As Doctor Sapna is about to operate for the well-being of all the people. She should have fascinating of the following characteristics of professionalism, such as:
Practical experienceAccountabilityWell trained in all the technical toolsNo discretion is choosing the patientsDirect work relationshipEthical constraintsGreat responsibilityMerit-basedMoral in workingBased on what the store sells, what age group does it try to appeal to—children, teenagers, young married couples, senior citizens, or a combination?
Answers
It totally depends upon the market of the store, if it is a children-based store then they should try to appeal to children, therefore, the best answer could be the combination.
Where did the word "store" originate?When used as a noun, store frequently denotes a location where goods are sold, like an electronics store. The meaning of the word, "a supply of anything held for future use," probably led to this meaning. The action of storing something alludes to putting something away for later.
What is a destination shop, exactly?A sort of retail establishment known as a target store is created to serve as a destination unto itself. The size of destination stores typically draws a lot of customers. They frequently offer a large variety of goods and services in addition to other facilities that enhance the shopping experience.
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If you were a manager in a company that operates in many countries, what criteria would you use to determine whether an application should be developed as a global application or as a local application?
Answers
As a manager in a company that operates in many countries, I would consider the following criteria to determine whether an application should be developed as a global application or a local application:
Market demand: The first criterion would be to determine if there is a global market demand for the application. If the application addresses a need that is common across multiple countries, it makes sense to develop a global application. However, if the application is specific to a particular country or region, it may be better to develop a local application.
Cultural considerations: Cultural differences between countries can be a significant factor when deciding whether to develop a global or local application. Certain features that are accepted or preferred in one country may not be well-received in another. Therefore, it is essential to understand the cultural preferences of the target audience and design the application accordingly.
Language: If the application requires support for multiple languages, it may make more sense to develop a global application. In contrast, a local application would only need to support the primary language spoken in the country or region.
Legal requirements: Legal and regulatory requirements can differ significantly from country to country. Therefore, it is essential to ensure that the application complies with local regulations, including privacy laws, data protection laws, and other relevant regulations.
Cost considerations: Developing a global application can be more expensive due to the need to consider cultural, legal, and language differences. Therefore, cost considerations should be taken into account when deciding between a global or local application.
By considering these criteria, a manager can determine whether an application should be developed as a global application or a local application.
Turnbull Co. has a target capital structure of 58% debt, 6% preferred stock, and 36% common equity. It has a before-tax cost of debt of 11.1%, and its cost of preferred stock is 12.2%. If Turnbull can raise all of its equity capital from retained earnings, its cost of common equity will be 14.7%. However, if it is necessary to raise new common equity, it will carry a cost of 16.8%. If its current tax rate is 40%, how much higher will Turnbull's weighted average cost of capital (WACC) be if it has to raise additional common equity capital by issuing new common stock instead of raising the funds through retianed earnings?
Answers
Answer:
0.75%
Explanation:
In the first place, the weighted average cost of capital is the average cost of finance a firm incurs on aggregate on all its sources of finance a shown by the formula below:
WACC=(weight of equity*cost of equity)+(weight of preferred stock*cost of preferred stock)+(weight of debt*before-tax cost of debt )*(1-tax rate)
Note only debt has tax impact deduction
tax rate=40%
WACC using retained earnings:
WACC=(36%*14.7%)+( 6%* 12.2%)+(58%* 11.1%)*(1-40%)
WACC=9.89%
WACC using new common equity:
cost of new common equity=16.8%
WACC=(36%*16.8%)+( 6%* 12.2%)+(58%* 11.1%)*(1-40%)
WACC=10.64%
increase in WACC=10.64%-9.89%
increase in WACC=0.75%
Based on the information in the case, LeasePlan implemented changes to mitigate which diversity barrier?
Answers
Lease Plan implemented changes to mitigate an unspecified diversity barrier, aiming to foster a more inclusive and diverse workplace environment.
Based on the limited information provided in the case, it is not possible to definitively determine the specific diversity barrier that LeasePlan implemented changes to mitigate.
However, LeasePlan's implementation of changes suggests a proactive approach toward fostering diversity and inclusion within the organization.
LeasePlan may have implemented measures to address barriers such as gender inequality, racial or ethnic bias, age discrimination, or other forms of systemic barriers that impede equal opportunities for diverse individuals.
Possible initiatives could include implementing inclusive hiring practices, establishing diversity training programs, creating employee resource groups, promoting diversity in leadership positions, or enhancing workplace policies to ensure fair treatment and equal opportunities for all employees.
To provide a more accurate and comprehensive answer, additional details about the specific changes implemented by LeasePlan and the context of the diversity barriers would be necessary.
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What budgeting style is used by Ford Motor company?
Answers
Answer:
Marketing
Explanation:
suppose the market price of pizzas in a university town recently decreased. economics students studying at the university are discussing potential causes of the price decrease. one group of students theorize that the price decreased because a new type of pizza oven allows pizza shops to make a pizza in half the time. others claim the decrease in the price of pizzas is because of a recent decrease in college student enrollment.
Answers
The answer is, The supply curve will shift rightward, According to the first group, the price of pizza decreased due to the price of dough which means that the supply of pizza will increase and the supply curve will shift rightward.
What does supply mean in plain terms?Supply is a fundamental economic concept that describes the overall quantity of a specific good or service that is made available to buyers. Demand and it are extremely tightly tied to one another. Prices of a given good or service decline as supply outpaces demand.
What's a good illustration of supply?For instance, if the cost of video gaming consoles rises, a company will produce more of them. If video game console prices fall, the opposite is true. If the price is $200 per system, the corporation might sell 1 million, but if it goes up to $300 per system, they might sell 1.5 million.
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Merchant Company purchased property for a building site The costs associated with the property were:
Purchase price $191,000
Real estate commissions 16,600
Legal fees 2,400
Expenses of clearing the land 3,600
Expenses to remove old buildings2,600
What portion of these costs should be allocated to the cost of the land and what portion should be allocated to the cost of the new building?
a. $193,400 to Land; $25,200 to Building.
b. $207,600 to Land; $8,600 to Building.
c. $210,000 to Land; $2,600 to Building.
d. $216,200 to Land; $0 to Building.
e. $213,600 to Lane; $0 to Building.
Answers
Answer:
d. $216,200 to Land; $0 to Building.
Explanation:
Calculation of Cost of the land
Purchase price $191,000
Real estate commissions $16,600
Legal fees $2,400
Expenses of clearing the land $3,600
Expenses to remove old building $2,600
Cost of the land $216,200
Calculation of Cost of Building
0.
Question 32
$24,800 is invested for 3 months in a savings account with a rate of 9% simple interest per year.
Find the interest.
$66,960.00
$5,580.00
$6,6960
$558.00
Answers
Intermediaries are businesses involved in selling the goods and services of producers to consumers and other businesses.
b. False
a. True
Answers
Answer:
A.true
am i right
Explanation:
correct me if im wrong
thanks
loveya
Consider a firm redesigning its logistics network. What are the advantages of having a small number of centrally located warehouses? What are the advantages of having a larger number of warehouses closer to the end customers?
Answers
Small centrally located warehouses offer cost efficiency and simplified inventory management, while larger warehouses closer to customers provide faster delivery, better customer service, and cost savings in shipping.
Having a small number of centrally located warehouses offers several advantages in a firm's logistics network:
Cost Efficiency: Centralized warehouses can lead to cost savings in terms of inventory management, transportation, and operational overheads. With fewer warehouses, the firm can benefit from economies of scale in procurement, storage, and distribution.
Simplified Inventory Management: Managing inventory becomes more streamlined when there are fewer warehouses. It allows for better control and visibility over stock levels, reducing the risk of stockouts or overstocking.
Faster Transit Times: With centrally located warehouses, products can be shipped more quickly to various regions since they are closer to major transportation hubs. This reduces lead times and improves overall customer satisfaction.
Improved Coordination: Centralized warehouses facilitate better coordination and synchronization of supply chain activities. It becomes easier to manage inbound and outbound logistics, optimize transportation routes, and consolidate shipments.
On the other hand, having a larger number of warehouses closer to end customers provides the following advantages:
Faster Delivery: Proximity to end customers enables faster order fulfillment and delivery. Products can reach customers more quickly, reducing transit times and improving responsiveness.
Enhanced Customer Service: Local warehouses allow for better customization and personalization of service. They can cater to specific regional preferences, offer faster response times to customer queries, and handle returns or exchanges more efficiently.
Lower Shipping Costs: By locating warehouses closer to customers, transportation costs can be reduced as products travel shorter distances. This can lead to cost savings in shipping expenses.
Flexibility and Redundancy: Having multiple warehouses distributed geographically provides redundancy and flexibility in the supply chain. It mitigates the risk of disruptions, such as natural disasters or transportation issues, as the firm can rely on alternative warehouse locations.
In summary, a small number of centrally located warehouses offer cost efficiency and streamlined inventory management, while a larger number of warehouses closer to end customers provide faster delivery, improved customer service, lower shipping costs, and increased flexibility.
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