A client with a portfolio of 10 U.S corporate bonds is planning to add 10 more bonds of different corporations (both U.S and international) which one of the following could the client eliminate through diversification?
Answer:
Explanation:
Diversification in a portfolio involves reducing risk by investing in a variety of assets. The specific bonds that could be eliminated through diversification would depend on the characteristics of the existing portfolio and the new bonds being considered.
Without information about the current holdings and the characteristics of the new bonds, it is not possible to determine which specific bond(s) could be eliminated through diversification. However, diversification generally aims to reduce the exposure to any single issuer or industry, and spread the risk across different assets. So, the client could eliminate bonds from issuers or industries that are already well-represented in the portfolio to achieve better diversification.
It is important to note that specific investment decisions should be based on thorough analysis of individual bonds, including creditworthiness, maturity, interest rates, and other factors. Professional financial advice and analysis should be sought to make informed investment decisions.
Beverly Mills has decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area, but that dealer has several leasing options to accom-modate a variety of driving patterns. All the leases are for 3 years and require no money at the time of signing the lease. The first option has a monthly cost of $330, a total mileage allowance of 36,000 miles (an average of 12,000 miles per year), and a cost of $0.35 per mile for any miles over 36,000. The following table summarizes each of the three lease
options:
(See photos below)
Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.
Beverly Mills decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area, but that dealer has several leasing options to accommodate a variety of driving patterns.All the leases are for 3 years and require no money at the time of signing the lease.
The three lease options available to Beverly Mills are as follows:
Option 1:Monthly cost: $330Total mileage allowance: 36,000 miles (an average of 12,000 miles per year)Cost for any miles over 36,000: $0.35 per mile
Option 2:Monthly cost: $460Total mileage allowance: 45,000 miles (an average of 15,000 miles per year)Cost for any miles over 45,000: $0.45 per mile
Option 3:Monthly cost: $540Total mileage allowance: 60,000 miles (an average of 20,000 miles per year)Cost for any miles over 60,000: $0.55 per mile
Therefore, Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.
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Interest expense on bonds payable is calculated as the: Multiple Choice Face amount times the stated interest rate. Carrying value times the stated interest rate. Carrying value times the market interest rate. Face amount times the market interest rate.
Interest expense on bonds payable is calculated as the: Carrying value times the market interest rate.
A bond can be defined as a fixed income instrument which is used to represent the indebtedness of a borrower (bond issuer) to an investor or creditor (bondholder).
Hence, when an investor or creditor (bondholder) purchases a bond, an agreed amount of money is being borrowed to the issuer (bond issuer) as a loan.
Consequently, the bond issuer is expected to pay an interest with a return of the principal amount at maturity to the bondholder (investor or creditor).
Hence, bonds payable only arises when a company issues (borrower) bonds so as to generate cash for its business and plans.
Interest expense on bonds payable is calculated as the carrying value times the market interest rate.
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In year T, a US citizen buys 100 shares of Sonic on the Tokyo stock exchange at 700 yens each. Suppose the exchange rate then is $0.01 per yen. Suppose the price of the stocks falls to 600 yens each at time T +1. Nothing else changes. Compute the change in US external wealth between periods T and T +1 in dollars.
Answer:
Change in US external wealth between periods T and T +1 in dollars = -$100
Explanation:
Since nothing else changes, this implies that the exchange rate per yen is $0.01 in periods T and T +1. Therefore, we have:
Value shares of Sonic in period T in dollar = Number of shares of Sonic bought in period T * Price per share of Sonic in Yen in period T * Exchange rate per yen in periods T = 100 * 700 * $0.01 = $700
Value shares of Sonic in period T+1 in dollar = Number of shares of Sonic in period T+1 * Price per share of Sonic in Yen in period T+1 * Exchange rate per yen in period T+1 = 100 * 600 * $0.01 = $600
Change in US external wealth between periods T and T +1 in dollars = Value shares of Sonic in period T+1 in dollar - Value shares of Sonic in period T in dollar = $600 - $700 = -$100
Do you like my outfit it is for my store
Answer:
i love it
so cute
Explanation:
Answer:
yes i do i think its so cool i woud buy it
Explanation:
a pregnant employee who violated several attendance rules due to her physical conditions. She is about to get fire by hr manager of the company.discuss what business ethics issues present on this situation. what can be done?
Answer:
answer is no
Explanation:
You cannot be fired for being pregnant under most circumstances.employers from terminating employees due to pregnancy and pregnancy-related conditions
Suppose your firm just issued a 30-year, $1000 par value bond with semiannual coupons. The coupon interest rate is 9%. The bonds sold for par value, but flotation costs amounted to 4% of the price. You have a 21% corporate tax rate. What is your firm's cost of debt?
The firm's cost of debt is 7.11%, if we have a 21% corporate tax rate and the coupon interest rate is 9%.
What is debt?Debt refers to the amount of money borrowed by an individual, organization or government from a lender, with the agreement to repay the borrowed amount with interest over a specified period of time. Debt can take many forms, including loans, bonds, credit card balances, mortgages, and other financial obligations.
Debt is an important aspect of finance and is used by individuals, organizations and governments to fund various activities, such as investing in new projects, purchasing assets, or meeting expenses. Debt can be either secured or unsecured, meaning that it may or may not be backed by collateral. In the case of secured debt, the borrower provides an asset as collateral, such as a house or car, which the lender can seize in case of default.
To calculate the cost of debt, we need to find the after-tax cost of debt. The cost of debt that has been adjusted for the tax savings brought about by the tax-deductible nature of interest payments is known as the after-tax cost of debt.
We must first determine the semiannual coupon payment:
Coupon payment = (Coupon rate x Par value) / 2
Coupon payment = (0.09 x $1000) / 2
Coupon payment = $45
Next, we need to calculate the total flotation costs:
Flotation costs = 4% x $1000
Flotation costs = $40
The net proceeds from the bond issue can be calculated as follows:
Net proceeds = Par value - Flotation costs
Net proceeds = $1000 - $40
Net proceeds = $960
The cost of debt before taxes is the yield to maturity (YTM) of the bond. Excel or a financial calculator can be used to determine the YTM.
For simplicity, we will assume a YTM of 9%.
The cost of debt after taxes may be determined as follows:
Debt service cost after taxes = YTM x (1 - Tax rate)
Debt service cost after taxes = 0.09 x (1 - 0.21)
Debt service cost after taxes= 0.0711 or 7.11%
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A company had a market price of $39.40 per share, earnings per share of $2.20, and dividends per share of $1.35. Its price-earnings ratio equals:
Answer:
Price earning ratio = $17.9
Explanation:
Price earning ratio = Market Price share / Earning Per Share
Price earning ratio = $39.40/$2.2
Price earning ratio = $17.9
Two countries, the United States and the United Kingdom, produce only one good, saying wheat. Suppose the price of wheat is $2 in the United States and is £1 in England.
b) Suppose the price of wheat over the next year is expected to rise to $3.50 in the United States and to £1.5 in the United Kingdom. What should the one-year $:£ forward rate be? (8marks)
The one-year $:£ forward rate is 2.33 between the United States and the United Kingdom.
What is the price?The amount of compensation that a person is willing to pay for the goods or services that they are acquiring can be referred to as the price. The amount of money being supplied or needed to be paid for a good or service is as the price.
Next year change in the price will be
the United States expected rise in the upcoming year will be $3.50
the United Kingdom is expected to rise in the upcoming year will be £1.5
If there is no ambiguity, the forward rate, will be The price of the united states with respect to the price of the united kingdom will be $3.50/ £1.5
This will result in 2.33 which will be changed in the next year in the price change of the wheat.
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The 2017 Annual Report of Tootsie Roll Industries contains the following information. (in millions) December 31, 2017 December 31, 2016 Total assets $930.9 $920.1 Total liabilities 197.1 208.6 Net sales 515.7 517.4 Net income 80.7 67.2 Compute the following ratios for Tootsie Roll for 2017. (a) Asset turnover (Round answer to 3 decimal places, e.g. 0.851 times.) enter the asset turnover rounded to 4 decimal places times (b) Return on assets (Round answer to 2 decimal places, e.g. 4.87%.) enter the return on assets in percentages rounded to 2 decimal places % (c) Profit margin on sales (Round answer to 2 decimal place
Answer:
a. 0.557 times
b. 8.72%
c. 0.16
Explanation:
a. Asset turnover = Net sales ÷ Average total assets
We will calculate the average total asset first
Average total asset = [Beginning total assets - ending total assets)] / 2
= [(930.9 + 920.1)] / 2
= 925.5
Asset turnover = 515.7/925.5
= 0.557 times
b. Return on assets = Net income/Average total assets
= 80.7/925.5
= 0.087196
= 0.087196 × 100
= 8.72%
c. Profit margin on sales = Net income/Net sales
= 80.7/515.7
= 0.16
There is an inverse relationship between followers and engagement -- surprisingly, the more followers, the LESS engagement with posts. Why do you think non-celebrities are able to influence buying behavior?
This is because the followers are aware of the celebrity and their motivations, thus their purchasing decisions aren't as affected by consumer behaviour.
What is consumer behaviour?The activities and choices that consumers make when using or purchasing things are referred to as consumer behaviour in marketing. Consumer behaviour towards a product encompasses all aspects, from the original choice to acquire it through how they use it and whether they decide to make additional purchases of it in the future or not. Consumer behaviour can be divided into four categories: routine purchases, variety-seeking purchases, purchases made to avoid dissonance, and sophisticated purchases. The sort of goods a consumer needs, their level of involvement, and the variations between companies all influence the forms of consumer behaviour they exhibit.
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True or False: Restaurants rarely adjust the amount they purchase of items
Answer:
false
Explanation:
because in a restaurant you suppose to have a monthly plan
Answer:
B .. false
Explanation:
The City of Houghton enacted an ordinance that forbids religious groups from distributing religious materials within the city limits of Houghton unless the distributor is granted a permit. Other types of materials can be distributed without a permit. What concerns do you have about the constitutionality of this ordinance?
The concerns that have about the constitutionality of this ordinance are Freedom of Religion, Content-Based Restrictions, Prior Restraint, Equal Protection and Unfettered Discretion.
Here are a few major concerns:
Religious Freedom: The First Amendment to the United States Constitution provides religious freedom, which includes the right to practise and express one's religious views. Content-Based limitation: By treating religious materials differently from other types of materials, the ordinance appears to impose a content-based limitation on communication. Prior constraint: Requiring religious organisations to seek a licence before disseminating religious materials is a type of prior constraint on speech. Equal Protection: If the ordinance treats religious groups differently than other groups or items, it may raise questions regarding legal equality. Unrestricted Discretion: If local officials have unrestricted discretion in choosing who gets a permit, there is a possibility of viewpoint discrimination or bias.For such more question on Restrictions:
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1. What is productivity? What is the difference between production and productivity?
(1 point)
Answer:
production is when you create things. productivity is how well the product works, or how well it performs.
plz give brainliest
Answer:
Production is defined as the process of producing goods from raw materials. On the other hand, productivity is defined as the process of producing goods and services efficiently.
Partly as a response to concerns expressed by environmentally conscious consumers, Unilever has introduced its “sustainable Living Brands” of “greener” products. Through product development, sourcing through a sustainability lens and manufacturing efficiencies, opportunities for innovation have opened up for Unilever.
The ‘greener’ product is an example of Unilever’s corporate level strategy for _______ growth.
Select one:
a.
internal
b.
external
c.
responsive
d.
innovative
The ‘greener’ product is an example of Unilever’s corporate-level strategy for innovative growth. Thus, option D is correct.
Unilever has launched its "sustainable Living Brands" of "greener" products, in part in response to concerns voiced by environmentally aware consumers.
Prospects for innovation have arisen for Unilever through product creation, sustainable sourcing, and production efficiency. The 'greener' product is an illustration of Unilever's corporate-level approach to creative expansion. Therefore, it can be concluded that option D is correct.
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True or False: In a set of numerical data, the value for Q3 can never be smaller than the value for Q1.
(214) 1. Distinguish between technical efficiency and allocative efficiency. Use the two concepts of efficiency to compare a perfect market structure with a monopoly.
Technical efficiency refers to the ability to produce the maximum output from a given set of inputs or resources. It focuses on the production process and achieving the highest output level with the least amount of resources wasted. Technical efficiency emphasizes optimizing the production process to minimize costs and maximize productivity.
Allocative efficiency, on the other hand, relates to the allocation of resources in a way that maximizes overall social welfare. It refers to the ideal allocation of resources that matches consumers' preferences and demands. Allocative efficiency ensures that resources are allocated so that goods and services align with consumer preferences. This results in the best outcome for society.
When comparing an ideal market structure with a monopoly in terms of efficiency, there are significant differences. In an ideal market structure, characterized by complete competition, both technical and allocative efficiency is typically achieved. Many buyers and sellers exist, information is freely available, and no single entity controls the market. Competition drives firms to produce at the lowest cost and offer goods and services that match consumer preferences, leading to technical and economic efficiency.
In contrast, a monopoly represents a market structure where a single firm dominates the industry and has substantial market power. In terms of technical efficiency, a monopoly may not necessarily achieve the same level as a perfectly competitive market. Due to the lack of competition, a monopoly may not have the same incentive to minimize costs or innovate as efficiently as possible. This can result in higher production costs and lower technical efficiency.
Regarding allocation efficiency, monopolies often fail. Without competition, a monopolistic firm can set prices higher than the marginal cost of production, resulting in a suboptimal allocation of resources. The monopolist may prioritize maximizing profits rather than satisfying consumer preferences. This leads to a less efficient allocation of resources than in a perfectly competitive market.
Overall, an ideal market structure exhibits higher levels of technical and allocative efficiency than a monopoly. When true competition promotes resource optimization and consumer satisfaction, resulting in more efficient resource allocation.
how do you know what put in the balance sheet ???? I don't understand!!!!!
Balance Sheet Accounts
100 Assets 110 Cash
112 Accounts Receivable
115 Inventory
116 Estimated Returns Inventory
117 Office Supplies
118 Prepaid Insurance 120 Land
123 Store Equipment
124 Accumulated Depreciation —Store Equipment
125 Office Equipment
Income Statement Accounts
400 Revenues
410 Sales
500 Costs and Expenses
510 Cost of Goods Sold
520 Sales Salaries Expense 521 Advertising Expense
522 Depreciation Expense— Store Equipment
523 Delivery Expense
529 Miscellaneous Selling Expense
530 Office Salaries Expense
531 Rent Expense
126 Accumulated Depreciation —Office Equipment
200 Liabilities
210 Accounts Payable
211 Salaries Payable
212 Unearned Rent
213 Customer Refunds Payable
215 Notes Payable 300 Stockholders’ Equity
310 Common Stock 311 Retained Earnings 312 Dividends
532 Depreciation Expense— Office Equipment
533 Insurance Expense
534 Office Supplies Expense
539 Misc. Administrative Expense
600 Other Revenue 610 Rent Revenue
700 Other Expense
710 Interest Expense
Answer:
Explanation:
The account numbers that start with a 1,2,3. The rest are income statement accounts.
QUESTION 4: PROGRESS REPORT On the 20th of April 2023, The campus manager, Mr Manoto, requested the secretary in the SRC office, to compile a report on the progress of the revival day planning. In your report tasks that are completed are invitations for special guests and booking of live performers; the task committee is still busy with finalizing the design of the banners and T-shirt and sports bottle printing. Due to overspending on budget, you still have not booked catering and security for the day. Your report must be in memo format.
A sample memo based on the given question prompt is given below:
The MemoMemorandum
To: Mr. Manoto, Campus Manager
From: SRC Office Secretary
Date: April 20th, 2023
Subject: Progress update for Revival Day planning
Esteemed Mr. Manoto,
Please find below a status report detailing advancements made in the preparations of the upcoming Revival Day ceremony. We have accomplished issuing invitations to prominent guests and securing prominent musical acts. Our committees are putting the finishing touches to banner design, T-shirt outfits, as well as customizing sport water bottles.
Conversely, budgetary concerns impede us from booking security or catering caterers essential for event operations. However, we are investigating ways to cut expenses while still delivering quality service. We will be prompt with updates about progress made through these alternative strategies.
Thank you for your kind ownership in this venture; rest assured that our team is steadfastly dedicated to ensuring an excellent Revival Day rally session.
Yours faithfully,
[Your name]
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What discount rate would you use to discount the cash flows from the project? Does this adequately capture the risk of investing in Brazil?
Answer: You need more information to answer this question correctly.
Explanation:
Based on the 1 part of the question I would say 10%. Moreover, You wouldn't want to invest in Brazil because their average amount compared to others is low.
How can a manager use a value chain to improve a company?
To improve a company's value chain, its value chain management team identifies each part of its production process and where improvements can be made. These improvements can either reduce costs or improve production capacity.
Concerning segmentation criteria, _____ refers to the degree to which information on the particular buyer characteristic exists or can be obtained.
Concerning segmentation criteria, Data availability refers to the degree to which information on the particular buyer characteristic exists or can be obtained.
The five requirements for efficient market segmentation are as follows: Your market's size and purchasing power profiles should be quantifiable, which means there should be statistics available. The profiles and data of a consumer give marketing strategists the knowledge they need to execute their campaigns. In contrast to many others, demographic factors are also quite simple to quantify. The market can be segmented using psychographic market segmentation criteria based on factors including socioeconomic class, lifestyle, and personality. For a detailed explanation of how to use psychgraphics as a potent segmentation criterion in marketing, see this page.
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How much do you have to deposit today so that exactly 10 years from now you can withdraw $10,000 a year for the next five years? Assume an interest rate of 6%.
The amount that you have to deposit today so that exactly 10 years from now you can withdraw $10,000 a year for the next five years with an assumption of an interest rate of 6% is $26,409.32
How do you calculate the amount to be deposited?To find out how much you would need to deposit today in order to be able to withdraw $10,000 per year for the next five years, starting exactly 10 years from now, you can use the present value formula:
PV = FV / (1+r)^n
where:
PV is the present value (the amount you need to deposit today)FV is the future value (the total amount you want to be able to withdraw)r is the interest raten is the number of yearsIn this case, FV is $10,000 * 5 = $50,000 (since you want to be able to withdraw $10,000 per year for 5 years) and r is 6% (the interest rate you are assuming). n is 10, since you want to be able to withdraw the money exactly 10 years from now.
Plugging these values into the formula, we get:
PV = $50,000 / (1 + 0.06)^10
Solving this equation, we find that the present value (the amount you need to deposit today) is approximately $26,409.32. This means that if you deposit this amount today and earn 6% interest per year, you will be able to withdraw $10,000 per year for the next five years, starting exactly 10 years from now.
Therefore, the correct answer is as given above
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You have researched your dream around-the-world vacation and determined that the total cost of the vacation will be $33,000. You feel you can earn an APR of 10.8 percent compounded monthly and plan to save $395 per month until you reach your goal. How many years will it be until you reach your goal and enjoy your well-deserved vacation
Answer:
Explanation:
What 22
Using the midpoint method, the elasticity of Musashi’s labor supply between the wages of $20 and $40 per hour is approximately
Utilizing the midpοint technique, the flexibility οf Musashi's wοrk supply between the wages οf $20 and $40 each hοur is rοughly 0.87
What exactly dοes "elasticity οf supply" imply?The ability οf a business tο respοnd tο a change in price by increasing οr decreasing prοductiοn is measured by the elasticity οf supply. It is alsο knοwn as the supply-price elasticity.
A measure οf hοw respοnsive an industry οr prοducer is tο changes in demand fοr its prοduct is called supply elasticity. Factοrs include the availability οf essential resοurces, technοlοgical advancement, and the number οf rivals prοducing a prοduct οr service.
Midpοint methοd οf calculating elasticity οf supply = [Q2 - Q1 / (Q2 + Q1 /2)] / [P2 - P1 / (P2 + P1 /2)]
where,
Q2 = new quantity supplied
Q1 = initial quantity supplied
P2 = new price
P1 = initial price
Q2 = 10 hοurs, Q1 = 7 hοurs, P2 = $40, P1 = $20
Es = [10-7/ (10+7/2)] / [40 -20 / (40+ 20/2)]
= [3/ 8.5] / [20/ 50]
= 0.35 / 0.4= 0.87
Since, elasticity οf supply is less than 1, it means the supply is inelastic.
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Complete question:
Calculating the price elasticity of supply Musashi is a retired teacher who lives in Chicago and teaches tennis lessons for extra cash. At a wage of $20 per hour, he is willing to teach 7 hours per week. At $40 per hour, he is willing to teach 10 hours per week. Using the midpoint method, the elasticity of Musashi's labor supply between the wages of $20 and $40 per hour is approximately which means that Musashi's supply of labor over this wage range is
Daris Corporation is authorized to issue 1,000,000 shares of $5 par value common stock
During 2018. its first year of operation, the company has the following stock transactions
per share
Jan 1 Paid the state RM2,000 for incorporation fees
Jan 15 Issued 500.000 shares of stock at RM7
Jan
30 Attorneys for the company accepted 500 shares of common stock as payment for
legal services rendered in helping the company incorporate. The legal services are
estimated to have a value of RM8.000
July 2 Issued 100,000 shares of stock for land. The land had an asking price of
RM900.000. The stock is currently selling on a national exchange at RMS per
share
Sept 5 Purchased 15,000 shares of common stock for the treasury at RM10 per share
Dec 6 Sold 11,000 shares of the treasury stock at RM11 per share
Required:
Journalize the transactions for Daris Corporation
Answer:
Daris Corporation
General Journal:
Jan. 1:
Debit Incorporation fees RM2,000
Credit Cash Account RM2,000
To record the payment of incorporation fees to the state.
Jan. 15:
Debit Issue of Shares RM3,500,000
Credit Common Stock RM3,500,000
To record issue of 500,000 shares at RM7 per share.
Jan. 30
Debit Legal Fees RM8,000
Credit Issue of Shares RM3,500
Credit Additional Paid-in Capital RM4,500
To record the issue of 500 shares to settle legals fees of RM8,000
July 2:
Debit Land RM900,000
Credit Issue of Share RM700,000
Credit Additional Paid-in Capital RM200,000
To record the issue of 100,000 shares of stock for land.
Sept. 5:
Debit Treasury Stock RM105,000
Debit Additional Paid-in Capital RM45,000
Credit Cash Account RM150,000
To record the repurchase of 15,000 shares of common stock at RM10 per share.
Dec. 6:
Debit Cash Account RM121,000
Credit Treasury Stock RM77,000
Credit Additional Paid-in Capital RM44,000
To record the resale of 11,000 shares of the treasury stock at RM11 per share.
Explanation:
The Additional Paid-in Capital (APIC) or sometimes referred to as Excess Capital over Par Value is an equity account where the above and below par value of the sale and repurchase of stock is recorded. This makes the Stock account to maintain a stable figure. This implies that the changes caused by above and below par value is taken care in this account. It also takes care of treasury stock above and below par value sale.
Treasury stock is a common stock contra account. It means that the value of the treasury stock reduces the value of the common stock. There are two methods for treating the above and below par value in treasury stock. One method is the costing method which records the changes in the treasury stock account. The other method is the par value method. With this method, only the par value of treasury stock is recorded in the account. The above and below par value changes are recorded in the Additional Paid-in Capital account.
A rectangle has length xcm and width (x-1)cm. If the perimeter is 14cm,
Find the value of x.
Answer:
x = 4 cm
Explanation:
Given that,
Length of a rectangle = x cm
Width = (x-1) cm
The perimeter of the rectangle = 14 cm
We need to find the value of x.
We know that,
Perimeter = sum of all sides
14 = 2(x+x-1)
7 = 2x-1
8 = 2x
x = 4
So, the value of x is equal to 4 cm.
All of the following statements are true about the Government National Mortgage Association Pass-Through Certificates EXCEPT: A GNMA is empowered to borrow from the Treasury to pay interest and principal if necessary B interest payments are exempt from state and local tax C certificates are issued in minimum units of $25,000 D the credit rating is considered the highest of any agency security Review
Answer:
B interest payments are exempt from state and local tax
Explanation:
GNMA mission is to diversify the funding for the mortgage purpose that could be insured or guaranteed by the other federal agenceies. It is basically used for borrowing in order to pay the interest and principal amount. The certficates should be issued that contains the minimum units of 25,000 also the credit rating is relevant in this
Therefore the above represent the answer
Cheyenne Corp. reported net income of $196,100 for 2022. Cheyenne also reported depreciation expense of $47,400 and a loss of $5,600 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $10,900 for the year, a $12,900 increase in accounts payable, and a $3,200 increase in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2022. Use the indirect method
Solution:
Particulars Amount
Net Operating Income $ 196,100
Adjustments to reconcile the net to :
Net Cash provided by the operating activities.
Add the depreciation expenses $ 47,400
Add loss on disposal of plant assets $ 5,600
Add increase in the accounts receivable $ 10,900
Add increase in Accounts payable $ 12,900
Add increases in prepaid expenses $ 3,200
$ 80,000
Cash balance at the end $ 276,100
Hofstede's cultural dimension of ________
explains how some cultures are more empathetic than others.
Primarily Hofstede developed this cultural model based on differences in values and beliefs regarding work goals.
What are the Six dimensions of Hofstede's Culture?The followings are the 6 cultural dimensions of Geert Hofstede are:
Power Distance IndexIndividualism Vs CollectivismMasculinity Vs FemininityUncertainty Avoidance IndexLong Vs Short Term OrientationIndulgence Vs RestraintThus, Hofstede developed many cultural dimensions out of them. We have all already discussed the 6 dimensions of culture.
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Answer:
cooperation
Explanation:
edge