Strait Co. manufactures office furniture. During the most productive month of the year, 3,200 desks were manufactured at a total cost of $83,900. In the month of lowest production, the company made 1,290 desks at a cost of $58,200. Using the high-low method of cost estimation, total fixed costs are
Answers
Using the high-low method of cost estimation, the total fixed costs for Strait Co. are approximately $44,078.40.
Using the high-low method of cost estimation, we can determine the fixed costs of Strait Co. by analyzing the difference in production levels and costs between the highest and lowest months.
To calculate the fixed costs, we need to determine the variable cost per unit first. This can be done by finding the difference in total costs between the highest and lowest months, and then dividing it by the difference in production levels.
Let's calculate the variable cost per unit:
Variable cost per unit = (Total cost in highest month - Total cost in lowest month) / (Production in highest month - Production in lowest month)
Variable cost per unit = ($83,900 - $58,200) / (3,200 - 1,290)
Variable cost per unit = $25,700 / 1,910
Variable cost per unit ≈ $13.46
Now that we have the variable cost per unit, we can calculate the fixed costs by subtracting the variable costs from the total costs in any given month.
Let's use the data from the highest month:
Total costs = Fixed costs + (Variable cost per unit × Production)
$83,900 = Fixed costs + ($13.46 × 3,200)
Fixed costs = $83,900 - ($13.46 × 3,200)
Fixed costs ≈ $44,078.40
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Related Questions
what makes recession and recover different?
Answers
The thing that makes recession and recover different is that Economic recovery serves as the business cycle stage which do follow recession .
What is recession and recovery?Recession and recovery can be described as the economuic terms that is been used by the ecconomist whereby the recession can be seen as the period of economic meltdown where there is usually a high inflation of goods as well as services.
It should be noted that the recovery period do follow the reccession which can be described as the sustained period of improving business activity that can happen in a country.
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1. What is the purpose of using credit?
2. List several sources of consumer credit.
3. What types of information are asked for on a typical credit
Application?
4. How are store credit accounts different from bank credit card
Accounts?
5. How are credit cards different from charge cards?
6. How is a single payment similar to an installment loan? How is it
Different?
7. Give two examples of collateral that might be used to secure a loan.
8. What is the responsibility of a cosigner of a loan?
9. How is a line of credit different from other types of loans?
10. List several benefits of using credit.
Answers
Answer: To earn CREDIT
Explanation:
hich occurs during digestion?
The mouth only allows for physical digestion.
The mouth only allows for chemical digestion.
Chemical digestion prepares the food for physical digestion.
Physical digestion prepares the food for chemical digestion.
Answers
Answer:
Digestion can be either chemical or physical - physical digestion occurs when you chew food in your mouth (mastication) or chemical when it is broken down in the stomach (via HCl), just to give a few examples. There are many examples of both chemical and physical digestion.
Explanation:
why is foreign employment important ?
Answers
Answer:
Foreign employment can be important for a number of reasons, including:
Economic growth: Foreign employment can bring in significant amounts of foreign currency to a country, which can help to boost the economy.
Poverty reduction: Foreign employment can provide individuals and families with higher wages than they would be able to earn in their home country, which can help to reduce poverty.
Career development: Foreign employment can provide individuals with opportunities to gain new skills and experiences, which can help to improve their career prospects.
Cultural exchange: Foreign employment can also provide an opportunity for cultural exchange, which can help to promote understanding and tolerance between different countries and cultures.
Remittances: Foreign workers often send money back to their home country, known as remittances, which can be a major source of income for families and communities.
Human Development: Foreign employment can provide individuals with better access to education, healthcare, housing and other essential services, which can improve their overall quality of life and human development.
All in all, Foreign employment can have a positive impact on the economy and society by providing people with better living conditions, opportunities and increasing the GDP.
Answer:
Explanation:
Here are three primary reasons why foreign employment is beneficial for your business.
1.More innovation
A foreigner, being from a different country and culture will bring new ideas and ways to challenges. These insights can be used to enhance processes and systems.
Availability to global markets
2.Access to global markets
Numerous firms leverage the links their overseas employees have to their native nations. Consider a corporation with a German employee that desires to explore the German or European market. The employer is in an ideal position to request insight or even contacts from the German employee in order to create partnerships in Germany.
3.Better fulfilling working atmosphere
Most individuals like learning from their peers. Foreign workers have so much to give their coworkers in this aspect. Not only from a financial standpoint, but also from a personal and cultural standpoint. This makes the workplace more engaging and rewarding for every employee.
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True or false: Taxpayers that report average gross receipts of $26 million or less for the three-tax year period ending with the prior tax year must use the accrual method to account for inventory even if they are a cash method taxpayer.
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Perform online research to find a car you would like to have. Find out how much it would cost to lease the vehicle, and how much it would cost to own it. In about 500 words, explain how you will decide whether to lease or purchase the car.
Answers
Answer:
The average lease payment for a new vehicle is just over $450 per month for a three-year lease, according to Experian's Q1 2019 State of the Automotive Finance Market report. That's about $100 less than the average monthly auto loan payment for a new car, which was $554.The average monthly payment on a new car was $523 in the first quarter of 2018, according to credit reporting agency Experian. But that's far from the true cost to own a car. For vehicles driven 15,000 miles a year, average car ownership costs were $8,469 a year, or about $706 a month, in 2017, according to AAA. The choice between buying and leasing has often been a tough call. On one hand, buying involves higher monthly costs, but you own something in the end. On the other, a lease has lower monthly payments, but you get into a cycle where you never stop paying for a vehicle.
Explanation:
Answer:
(Answers may vary.)
Dodge Charger SRT Hellcat: The Dodge Charger SRT Hellcat starts at $64,990. A consumer who wants to purchase this vehicle needs to consider the purchase price and monthly payments, and then look at fees associated with getting the car on the road. First, consider the purchase price of $64,990. The down payment is $10,000.The monthly payment at 5 percent interest would be $962 a month for 60 months (5 years). By the time the loan is paid in full, the car will no longer be worth what the consumer paid for it. A car loses value or depreciates over time. After five years, the car is worth only about 40 percent of the original purchase price. Now consider tax, tags, and title fees. For example, for a new vehicle priced at $50,000 and above in the state of Virginia, the sales tax is 4 percent. The title costs $10, and registration fees are $101. To purchase this vehicle, a consumer would need $2,710 in order to register the vehicle and get it on the road. Thus, the total price of this car would be $70,430 (down payment of $10,000 plus monthly payments totalling $57,720 plus $2,710 for registration, etc. = $70,430).
A consumer who can’t afford to pay the $64,990 purchase price can look at leasing options. Leasing lasts for three years. The Hellcat will be worth 58 percent of its purchase price, for a residual value of $37,694. The lease will be for the difference between the purchase price and the residual value. Thus, the lease amount will be $64,990 – $37,694 = $27,396, with an interest rate of 5 percent. There is a $0 down payment, and the monthly lease payment is $799. Keep in mind that tax, tags, and title fees don’t exist for lease agreements. Thus, the total price of the lease is $28,766.
Purchasing the Hellcat would mean paying $70,430 after all the related fees and interests are paid. This is nearly $10,000 more than the purchase price of the vehicle. The only way this would be a reasonable financial arrangement is if the consumer purchasing the vehicle considers $70,430 to be a small cost compared to their annual earnings. The only other way this decision makes sense is if the car is maintained extremely well and the person can sell it at the end of five years for somewhere near the original purchase price. If this second scenario is possible, then the person is at an advantage. If the consumer who purchased the car can sell it for at least 65 percent of its original purchase price, then buying the car was a good idea. Leasing the Hellcat would mean paying $28,766 for the use of the car for three years. This sounds like a bargain, but there are downsides to the arrangement. At the end of three years, the consumer would need to make a new lease deal because they would be without a car.
After reviewing the two financing options for acquiring a Hellcat, it makes sense to lease the car because the lease amount is so much lower than the purchase price.
Explanation:
PLATO
a transportation service provider that handles shipments on a case-by-case basis, without the need for long-term agreements or contracts Unselected a service firm that handles all of the logistics requirements for other companies Unselected a transportation service provider that handles shipments for other firms based on long-term agreements or contracts Unselected an agent who serves as an intermediary between an organization shipping a product and the actual carrier, typically on international shipments Unselected
Answers
Answer:
1. Common (public) carrier.
2. Third-party logistic provider (3PL).
3. Contract carriers.
4. Freight forwarder.
Explanation:
Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers.
Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.
Some of the service providers in the supply and logistics chain management are;
1. Common (public) carrier: a transportation service provider that handles shipments on a case-by-case basis i.e based on the type of shipment, without entering into long-term agreements or contracts.
2. Third-party logistic provider (3PL): a service firm that is saddled with the responsibility of handling all of the logistics requirements for other companies.
3. Contract carriers: a transportation service provider that handles shipments for other firms based on long-term agreements or contracts. It is simply the opposite of common (public) carriers. Shipments from different local businesses may be combined by a contract carrier through the use of a consolidation warehouse.
4. Freight forwarder: an agent who serves as an intermediary between an organization shipping a product and the actual carrier, typically on international shipments. Thus, he or she is a middleman between the organization whose product is being shipped and the carrier company, especially for international freights.
A fashion store is planning to order a particular fancy bag to sell in this coming new season. Assume that these bags will become obsolete at the end of the season. The retail price of the bag is $590. At the end of the season, there is a holding cost of $35 for each bag in stock. Wholesale cost to purchase this fashion bag is $350 each. (Assume that the order can only be made at the beginning of the season). a) If demand is discrete uniform from 10 to 15 bags (i.e., probability equals 1/6 for 10,11,…,15) for this coming season. If the store owner orders 12 bags, what are the expected overstock cost and the expected understock cost? b) What is optimal number of bags to order to minimize the expected total cost? (In this case, if the answer is not integer, please compare expected total cost for the rounding up and rounding down choices to compare which one is the most suitable) c) Assume that the demand can be approximated by a normal random variable with mean =750 and SD=125. What is optimal number to order to minimize the expected total cost? (In this case, you can use >=0.5 rules to round up)
Answers
a) The expected overstock cost and the expected understock cost are 87.5 and 103.33 dollars, respectively. b) The optimal number of bags to order to minimize the expected total cost is 13 bags. c) The optimal number of bags to order to minimize the expected total cost is 12 bags.
a) The expected overstock cost and the expected understock cost are given by the following formulas:
Expected overstock cost = probability of overstock × overstock cost
= P(Q > d) × (Q - d) × h
Expected understock cost = probability of understock × understock cost
= P(Q < d) × (d - Q) × p
Where,Q = order quantity
d = expected demand
h = holding cost of one unit of overstock
p = penalty cost of one unit of understock
P(Q > d) = probability of overstock
= ∑ P(demand = i)
for i > Q
P(Q < d)
= probability of understock
= ∑ P(demand = i) for i < Q
Given that the probability of demand is uniform from 10 to 15 bags, the expected demand is:
Expected demand = ∑ i× P(demand = i)
= (10 + 11 + 12 + 13 + 14 + 15) / 6
= 12.5
Thus, the expected overstock cost is:
P(Q > d) = P(Q > 12)
= P(demand > 12)
= P(demand = 13) + P(demand = 14) + P(demand = 15)
= 1/6 + 1/6 + 1/6 = 1/2
Expected overstock cost = P(Q > d) × (Q - d) × h
= 1/2 × (12 - 12.5) × 35= -$6.25 (negative because it is an expected savings)
Thus, the expected understock cost is:
P(Q < d) = P(Q < 12)
= P(demand < 12)
= P(demand = 10) + P(demand = 11)
= 1/6 + 1/6 = 1/3
Expected understock cost = P(Q < d)×(d - Q) × p
= 1/3×(12.5 - 12) × 590= $103.33
b) The optimal number of bags to order to minimize the expected total cost is given by the formula:
Q* = √(2 × A×d / h)
Where,
A = order cost per order
d = expected demand
h = holding cost of one unit of overstock
For this problem,
A = 350
Q* = √(2 × A × d / h)
= √(2 × 350 × 12.5 / 35) = 3.46,
which rounds up to 4So the store should order 13 bags to minimize the expected total cost because the expected total cost is lower than if they ordered 12 bags or 14 bags:
c) The optimal number of bags to order to minimize the expected total cost is given by the formula:
Q* = d + z × σ × √(h / p)
Where,
d = expected demand
h = holding cost of one unit of overstock
p = penalty cost of one unit of understock
σ = standard deviation of demand
z = z-score for the desired service level
For this problem,
d = 750
h = 35
p = 590 - 350 = 240
σ = 125
z = 1.28 (for a service level of 90%)
Q* = d + z × σ × √(h / p)
= 750 + 1.28 × 125 × √(35 / 240)
= 788.58, which rounds up to 789
So the store should order 12 bags to minimize the expected total cost because the expected total cost is lower than if they ordered 11 bags or 13 bags.
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Have a good thanks giving everyone.
-Please can we all give thanks and love for Lil Peep, XXX Tentacion, Juice Wrld. Thanksssss. Goodays <3
Enjoy the points. :) <3
Answers
Answer:
R.I.p to the g.o.a.t’s
Explanation:
the sequence of work for a job is also known as its
Answers
Answer:
Routing
Explanation:
What happens to the area of a circle if the circumference is doubled?
A. The area is 1/2 of the original circle
B. The area is the same as the original circle
C. The area is 2 times the original circle
D. The area is 4 times the original circle
E. The area is 8 times the original circle
Answers
Answer:
Option C
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Answer:
Hello There!!
Explanation:
The answer is D. The area is 4 times the original circle.
hope this helps,have a great day!!
~Pinky~
Which one of the following groups is considered an internal user of financial statements?
A. Factory Managers who supervise production line workers.
B. The labor union representing employees of a company that is involved in labor negotiations.
C. A bank reviewing a loan application from a corporation.
D. The Financial analyst for a brokerage firm who are preparing recommendations for the firm's brokers on companies in a certain industry.
Answers
(A) Factory managers who supervise production line workers are considered internal users of financial statements.
Internal users of financial statements are individuals or groups within an organization who utilize financial information to make decisions related to the organization's operations. They have direct involvement in the internal affairs and management of the company.
In this scenario, factory managers who supervise production line workers are internal users of financial statements. They rely on financial information to assess the performance and efficiency of the production line, monitor costs, analyze productivity, and make informed decisions regarding resource allocation, process improvements, and workforce management. The financial statements provide them with insights into the financial health of the company and help them evaluate the impact of their department's activities on the overall financial performance.
The other options, such as the labor union representing employees involved in labor negotiations, a bank reviewing a loan application, and financial analysts for a brokerage firm preparing recommendations, are considered external users of financial statements. These groups have a stake in the organization but are external to its operations and rely on financial statements to make decisions that affect their relationship with the company, such as negotiating contracts, assessing creditworthiness, or providing investment advice to clients.
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When gathering information, which of the following tasks might you need to
perform?
A. Seek out ideas from others and share your own ideas
О
B. Fill out forms, follow procedures, and apply math and science
C. Apply standards, such as measures of quality, beauty, usefulness,
or ethics
D. Study objects, conduct tests, research written materials, and ask
questions
Answers
Answer:
The answer is D
Explanation:
To gather information you have to study objects and conduct tests on them to gather results.
The Food and Drug Administration sets standards for
O advertising.
O product labeling.
O the environment.
O traffic safety.
Answers
Answer:
B. Product Labeling
Explanation:
From quizlet
The Food and Drug Administration sets standards for product labeling.
What is product labeling?Product labeling is the details information of what a products entails and this is often writing on the product.
Product labeling is an important standards set by Food and Drug Administration as this help the consumer to be know the following:
The product ingredientHow healthy or unhealthy the product are etcInconclusion the Food and Drug Administration sets standards for product labeling.
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an investor purchases a long call at a price of $3.10. the strike price at expiration is $47. if the current stock price is $47.10, what is the break-even point for the investor?
Answers
The Break-even call price for the investor is $50.10.
The term "break-even price" refers to the point at which a change in value merely covers the initial investment or expense made by an individual.
The break-even price for an options contract is the level at which underlying security reaches the point when it covers the cost of an option's premium. In the context of manufacturing, the term "break-even price" refers to the point at which the price at which a product is sold is equal to the cost of producing that product. It is common practice to utilise break-even pricing as a competitive tactic in the pursuit of increased market share; yet, this pricing approach can give the impression that the product in question is of poor quality.
Break-even price = Call premium + Strike price
In the ques, it is given that
Call premium = $3.10 and
Strike price = $47
Thus,
Break-even price = Call premium + Strike price
= 3.10 + 47
= $50.10
Thus, the Break-even price is $50.10.
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Which of these is NOTa concern for consumers in times of inflation? a.They cannot anticipate the cost of goods and services. b.They lose money on their investments and savings. c.They are at a disadvantage when paying back borrowed money. d.They struggle when they are on a fixed income.
Answers
Answer:
c.They are at a disadvantage when paying back borrowed money.
Explanation:
In any economics of a country, inflation may be defined as the fall of the value of the money or currency of a country over a period of time. In inflation, the general price level increase and the value of money decreases.
Due to inflation, with each currency unit, less of goods or services can be bought. In inflation, the consumers are not concern about the disadvantage when they pay back the money that they borrowed because the value of the money decreases. Money decreases its value but the demand of goods and services increases in the economy.
Which of the following sections of the statement of cash flows includes cash flows that relate to the production and delivery of goods and services? A. investing activities section B. funding activities section C. operating activities section D financing activities section
Answers
The section of the statement of cash flows that includes cash flows relating to the production and delivery of goods and services is the operating activities section.
In the operating activities section, cash flows are reported that directly result from a company's core business operations. This includes cash inflows and outflows related to the sale of goods or services, payment of suppliers and employees, receipt of interest and dividends, and other operating expenses. These cash flows reflect the day-to-day activities that generate revenue for the company.
The investing activities section, on the other hand, includes cash flows related to the acquisition or disposal of long-term assets, such as property, plant, and equipment, and investments in other companies. The funding activities section includes cash flows related to the issuance or repayment of debt, issuance or repurchase of company stock, and payment of dividends.
The financing activities section includes cash flows related to the raising or repayment of funds from investors or lenders, such as issuing or redeeming bonds or taking out loans. These activities are not directly associated with the production and delivery of goods and services, but rather with the company's capital structure and financing activities. Therefore, the correct answer is C. operating activities section.
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Assume that the interest rate on borrowings in Japan is 3 percent while the interest rate on bank deposits in a U.S. bank is 5 percent. Laura, an active currency trader, borrows in Japanese yen, converts the money into U.S. dollars and deposits it in a U.S. bank. Laura is engaging in
Answers
Answer:
"Carry Trade", is the right answer.
Explanation:
Laura is engaged in "Carry Trade" because the carry trade refers to the process to borrow from the country where the interest rate is lower and deposit the borrowed money in other countries in which the person earns more interest. Therefore, the process for borrowings and deposits from low and high-interest rates respectively is called the carry trade.
The main function of a high-risk investment is to:
A. make sure that an investment does not lose money.
B. make a variety of investments to balance risk and reward.
C. protect an investment from government fees and taxes.
D. quickly earn as much return on investment as possible.
Answers
The main function of a high-risk investment is that one quickly earn as much return on investment as possible.
The advantages of high risk investments are:
Investors can earn huge returns in a very short period of time Investor are able to purchase and sell the securities with ease.Investors can earn capital gains as well as dividends on their investments.The reason for investment is for profit or returns. it often involves risk.
Conclusively, Every investor invests with a specific objective at heart, and most investment has its own unique set of benefits and risks.
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Which one of the following measures a bond's sensitivity to changes in market interest rates? A. maturity B. yield to maturity C. duration D. Immunication E. Veld to call
Answers
Duration measures a bond's sensitivity to changes in market interest rates. Option C is the correct answer.
An asset that provides stable income and is categorized as a debt security is a bond. It offers a steady stream of revenue to its holder up to the debt's maturity date, when it is entirely repaid. Option C is the correct answer.
The duration of a bond is a measurement of how long it will take for the bond investment to be repaid with cash flows, often stated in years. A bond's price is often more susceptible to fluctuations in market interest rates the longer the tenure. The predicted change in a bond's value as a result of a certain change in the interest rate may be calculated using the duration.
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A person deposits $450 semi-annually for 4 years. Find the following amounts:
a) The interest rate is 18% compounded semi-annually
b) The interest rate is 18% compounded continuously
Answers
A person deposits $450 semi-annually for 4 years.
a) Amount when The interest rate is 18% compounded semi-annually would be approximately $926.50.
b) Amount when The interest rate is 18% compounded continuously would be approximately $923.39.
a) When the interest rate is 18% compounded semi-annually:
To find the amounts, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = the final amount
P = the principal (initial deposit)
r = the interest rate (in decimal form)
n = the number of compounding periods per year
t = the number of years
In this case, the principal (P) is $450, the interest rate (r) is 18% or 0.18, the number of compounding periods per year (n) is 2 (since it is compounded semi-annually), and the number of years (t) is 4.
Substituting these values into the formula:
A = $450(1 + 0.18/2)^(2*4) A = $450(1 + 0.09)^8 A = $450(1.09)^8 A ≈ $450(2.058888) A ≈ $926.50
Therefore, the final amount after 4 years with an interest rate of 18% compounded semi-annually would be approximately $926.50.
b) When the interest rate is 18% compounded continuously:
To find the amounts with continuous compounding, we can use the formula:
A = Pe^(rt)
Where:
A = the final amount
P = the principal (initial deposit)
e = Euler's number (approximately 2.71828)
r = the interest rate
t = the number of years
In this case, the principal (P) is $450, the interest rate (r) is 18% or 0.18, and the number of years (t) is 4.
Substituting these values into the formula:
A = $450 * e^(0.18*4) A ≈ $450 * e^0.72 A ≈ $450 * 2.053085 A ≈ $923.39
Therefore, the final amount after 4 years with an interest rate of 18% compounded continuously would be approximately $923.39.
When the interest rate is 18% compounded semi-annually, the final amount after 4 years is approximately $926.50. When the interest rate is 18% compounded continuously, the final amount after 4 years is approximately $923.39. The continuous compounding approach results in a slightly lower final amount compared to semi-annual compounding.
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The carrying value of bonds at maturity always equals:.
Answers
The carrying value of a bonds at the time of maturity will always equals: par value.
What is Par value?Par value can simply be defined as the price of a bond or face value of a bond.
The carrying value of bonds at the time of maturity will always equals par value by adding or lessing the carrying amount or unamortized discount or unamortized premium.
Inconclusion the carrying value of a bonds at the time of maturity will always equals: par value.
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how can technology boost prosuctivity in ur business
Answers
Technology has transformed the way businesses operate, enabling them to increase efficiency, save time and resources, and ultimately boost productivity. Here are some ways technology can help businesses achieve this:
Automation: Technology can automate repetitive tasks, such as data entry, invoicing, and payroll processing, freeing up valuable time for employees to focus on more important tasks. Collaboration: Technology enables employees to collaborate and communicate more effectively, regardless of their location, through tools such as video conferencing and instant messaging.
Cloud Computing: Cloud computing allows businesses to store and access data and applications from anywhere, at any time, providing flexibility and accessibility to employees.Analytics: Technology can provide businesses with insights into their operations through data analytics, allowing them to identify areas for improvement and make data-driven decisions.
Mobile devices: Mobile devices have enabled employees to work on the go, allowing them to be productive even when they're away from the office.In conclusion, technology can significantly boost productivity in businesses by automating tasks, enabling collaboration and communication, providing flexibility, delivering data insights, and facilitating remote work. As technology continues to evolve, businesses must stay up-to-date with the latest tools and trends to remain competitive and productive.
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what statement reflects weber's view of bureaucratic organizations? group of answer choices departments communicate with each other on a regular basis. employees follow strict rules and regulations. customer satisfaction is the number one priority. first-line workers are empowered to respond to the needs of customers.
Answers
The statement that reflects Weber's view of bureaucratic organizations is B. employees follow strict rules and regulations.
What is a Bureaucratic Organization?This refers to the type of organization that has a division of labor, a well-functioning hierarchy, written laws and edicts, and impersonal relationships between members of the organization.
Hence, we can see that with the view of Weber on bureaucratic organizations, believed that it must be well structured, formal, and impersonal, and based on the list of available options, the correct answer is option B.
Thus, it can be seen that Max Weber was of the opinion that a bureaucratic organization should be well structured
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The people who are working for and supporting a company's success are also known as what?
A. Sales leads
B. Prospects
C. Authoritative managers
D. Human resources
Answers
Answer:
D. Human resources
Explanation:
Human resource is the term that describes the people who work for an organization, business, or industry. The term human resource describes the employees, workforce, or personnel in a company.
Human resource contributes different skills and talents to a business making it succeed. Anybody who to trade their labor, energy, skills, knowledge, or time for compensation to grow an organization is a human resource. Part-time workers, full-time employees, contractors, and freelancers are all considered human resources in a company.
Answer:
D. Human Resources
Explanation:
Edg2020 quiz
What is the present value of $520,000 expected to be received in three years' time, if the business concerned requires a return of 10% on sums invested? Answers are given to the nearest $'000.
A) 692K
B) 391K
C) 473K
D) 432K
Answers
The present value of $520,000 expected to be received in three years' time, if the business concerned requires a return of 10% on sums invested is 391K. (B)
To find the present value, we can use the formula:
PV = FV / (1 + r)^n
Where:
PV = Present Value
FV = Future Value
r = Interest Rate
n = Number of Years
Plugging in the values from the question:
PV = 520,000 / (1 + 0.10)^3
PV = 520,000 / 1.331
PV = 390,632.94
Rounding to the nearest $'000, the present value is $391,000. However, since the answer choices are in thousands, we can simply divide by 1,000 to get the answer in thousands:
PV = 391K (B)
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the details behind the financial statement are often disclosed in the ____
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The details behind the financial statement are often disclosed in the worksheet. The worksheet's first used financial document is the income statement.
Is the creation of financial statements essential to use a worksheet?Many accountants create the unadjusted trial balance on a worksheet before creating the adjusted trial balance and preliminary financial statements. They then assign the adjusting entries to the appropriate accounts. When analyzing and simulating account balances, the accounting department will use a worksheet. It contains all of the data needed to construct the financial statement.
Making sure accounting entries are derived accurately can be accomplished with the aid of a worksheet. Keeping track of changes made to an account from one period to the next can be useful as well. Additionally, worksheets lessen the likelihood that mistakes would be made when developing
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suppose a perfectly competitive firm can increase its profits by increasing its output. then it must be the case that the firm's: group of answer choices marginal revenue exceeds its marginal cost. marginal revenue equals its marginal cost. price exceeds its marginal revenue. marginal cost exceedsits marginal revenue.
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price exceeds its marginal revenue, Let's say a firm with perfect competition may boost its earnings by raising its production. Consequently, if the firm's pricing is higher than its marginal revenue, this must be the case.
A firm is a for-profit business entity that offers professional services, such as a corporation, limited liability company (LLC), or partnership. Most businesses only have one location. On the other hand, a business company is made up of one or more physical locations that are all owned by the same person and have the same EIN (EIN). The term "firm," when used in a title, is frequently connected to companies that offer expert legal and accounting services, but it may also refer to a wide range of companies, including consulting, marketing, and graphic design firms, among others. A company has one or more locations, all of which are owned by the same person and file their financial reports using the same EIN.
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A client claims that their computer keeps rebooting itself without warning. Which of the following is the FIRST step you should take to investigate and troubleshoot this issue
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The first step in investigating and troubleshooting this issue should be to test the power source.
A power-on self-test (POST) is a series of procedures conducted by firmware or software shortly after turning on a computer to evaluate if the hardware is functioning properly. The procedure will continue only if the requisite hardware is operational; otherwise, the BIOS (Basic Input Output Software) will display an error message. The POST sequence is run regardless of the operating system and is managed by the system BIOS. When the tests are passed, the POST normally notifies the OS with sounds, however the quantity of beeps varies from system to system. Bootstrapping is enabled after a POST is successfully completed. The startup of the operating system begins with bootstrapping.
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23. m1 includes: a) cash, savings deposits, demand deposits, money market deposit accounts, small-denomination time deposits, and shares in retail money market mutual funds. b) cash, demand deposits, and small-denomination time deposits. c) cash, demand deposits, and large-denomination time deposits. d) cash, demand deposits, and other checkable deposits.
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d) cash, demand deposits, and other checkable deposits.
Do modest time deposits count toward M1?Very few components are categorised as M1 due to how strictly defined M1 is. Savings account deposits, small-time deposits, and retail money market accounts are all included in the broader category M2.
What asset is included in M1?We quantify money using a variety of definitions: M1 covers cash and funds held in checking accounts. One element of M1 is traveler's checks, which are becoming less common. All of M1 as well as savings deposits, time deposits like certificates of deposit, and money market funds are included in M2, as well.
M1 or M2 savings accounts?M1 includes currency and checking account funds. Additionally, travelers' checks have become less popular. M2 consists of M1, plus savings deposits and time deposits like certificates.
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