The present value of both options is $1,708,703.81
Jenna borrows the money, attending John Carrol would be the cheaper option.
Net Future Value of all three options:
Notre Dame College:Present Value: $62,000 + $2,000 + $3,000 = $67,000
Future Value: 40 * [($91,000 * 1.04 - $3,000) / (1 + 0.055)40] + $10,000= $3,040,275.15
Net Future Value: $3,040,275.15 - $67,000 = $2,973,275.15
John Carrol:Present Value: $84,000 + $4,200 + $3,000 = $91,200
Future Value: [($81,000 * 1.035 - $3,000) / (0.055 - 0.035)] + $8,000= $1,617,799.10
Net Future Value: $1,617,799.10 - $91,200 = $1,526,599.10
Current Job:Future Value: 38 * [($57,000 * 1.03 - $3,000) / (0.055 - 0.03)]= $4,154,039.82
Net Future Value: $4,154,039.82
Present Value : Notre Dame College:
PV = $67,000 / (1 + 0.055) + $3,040,275.15 / (1 + 0.055)40= $1,227,404.52
John Carrol:PV = $91,200 / (1 + 0.055) + $1,617,799.10 / (1 + 0.055)1= $1,395,753.61
Jenna will be indifferent between attending Notre Dame College and staying in her current position if both options have the same present value.
Therefore:PV of Notre Dame College =
PV of current job =$67,000 / (1 + 0.055) + $3,040,275.15 / (1 + 0.055)40
PV of current job = $1,227,404.52
Jenna would need an initial salary of $67,000 / 0.74 = $90,540.54 to make her indifferent.
Suppose instead of being able to pay cash for her MBA, Jenna must borrow the money.
The current borrowing rate is 5.4 percent.
If Jenna borrows the money, the cost of attending both colleges would be different because of the different tuition costs.
PV of Notre Dame College:
Borrowing Cost = $62,000 * 1.054 + $2,000 * 1.054 + $3,000 * 1.054
= $69,358.00
PV = $69,358 / (1 + 0.055) + $3,040,275.15 / (1 + 0.055)40
= $1,323,363.63
PV of John Carrol:
Borrowing Cost = $84,000 * 1.054 + $4,200 * 1.054 + $3,000 * 1.054
= $94,430.16
PV = $94,430.16 / (1 + 0.055) + $1,617,799.10 / (1 + 0.055)1
= $1,708,703.81
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1) Using the case to respond, assess three reasons why several international companies are recruiting (woo-ing) their executives from "Third Country Nationals" TCN’s
There are several reasons why international companies are recruiting Third Country Nationals (TCNs) for executive positions including cost-effectiveness, cultural knowledge and language proficiency
Cost effectiveness: Often, TCN's are willing to work for lower salaries than their counterparts in the home or host country. This can save the company a significant amount of money in terms of labor costs.Cultural knowledge: TCN's often have a deep understanding of the culture and customs of the host country, which can be invaluable for an international company. This can help the company navigate cultural differences and avoid potential pitfalls.Language proficiency: Many TCN's are multilingual, which can be a huge asset for an international company. Being able to communicate effectively with employees, customers, and other stakeholders in multiple languages is crucial for the success of a global business.Learn more about International companies:
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Seven months ago, you purchased 400 shares of stock on margin. The initial margin requirement on your account is 60% and the maintenance margin is 30%. The call money rate is 4.8% and you pay 1.85% above that rate. The purchase price was $16 a share. Today, you sold these shares for $18.00 each. What is your annualized rate of return
The annualized rate of return in percentage is 73.54%.Explanation, A margin account is used by an investor to buy securities that they can not buy using the cash balance in their brokerage account. A margin account allows an investor to borrow from a broker to buy securities.
In the question above, the investor purchased 400 shares of stock on margin. The initial margin requirement is 60% and the maintenance margin is 30%. Given the initial margin requirement, the margin loan given to the investor is $4,800.00 ($16*400*60%).
The call money rate is the interest rate paid by brokerages to the lending institutions or banks for borrowing funds, which is 4.8%. Since the investor pays 1.85% above the call rate, the interest rate charged to the investor is 6.65%.The sale price of the shares is $18 per share.
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Thirsty Dog! Is a zesty beef-flavored, vitamin-enriched, mineral-loaded, lightly carbonated bottled water for your dog. It might have been a great product, but competition over shelf space was fierce and the product could not generate enough sales per square foot for retailers. The makers of this product had
What should the West be doing to keep healthy economies? What are their options?
To keep healthy economies, the West should consider a range of options, including increasing investment in education and infrastructure, promoting innovation and entrepreneurship, implementing sound fiscal policies, and pursuing free trade agreements.
These measures can help to boost productivity, create jobs, and enhance competitiveness in a globalized economy.
One key area of focus should be education and skills training. Investing in education and vocational training can help to develop a skilled workforce that is better equipped to meet the demands of the modern economy. Additionally, infrastructure investments can help to enhance connectivity, reduce transportation costs, and improve access to markets.
Innovation and entrepreneurship are also critical drivers of economic growth. The West should prioritize policies that encourage and support new business creation, research and development, and the adoption of new technologies.
Finally, sound fiscal policies, including responsible debt management and balanced budgets, are essential for maintaining economic stability and growth. Pursuing free trade agreements can also help to boost international trade and investment, while promoting competition and innovation. By implementing these measures, the West can create a strong foundation for long-term economic success and prosperity.
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Which of the following is not a crime against persons?
robbery, assault and battery, larceny, sexual assault, Other:
Andy Hastings borrowed 500 shares of stock from a broker. This stock is currently selling for $25 a share ($12,500). The commission was $125. Three weeks later, the price of the stock was $22. 50 a share, so he bought the 500 shares. The commission was $115. He returned a stock certificate for 500 shares to the broker.
What is the rates of return?
The rate of return is -12.6%. The negative rate of return indicates that Andy lost money on this investment.
To calculate the rate of return, we need to consider the total cost of borrowing and returning the shares. In this scenario, Andy borrowed 500 shares for $12,500 with a commission of $125. After three weeks, the price of the stock dropped to $22.50 a share, so Andy bought 500 shares for $11,250 with a commission of $115. He returned the 500 shares to the broker.
The total cost of borrowing and returning the shares is $12,990 ($12,500 + $125 + $11,250 + $115). The amount that Andy made after selling the shares is $11,250 ($22.50 x 500). Therefore, the rate of return can be calculated as follows:
Rate of return = (Total amount made - Total cost) / Total cost x 100%
Rate of return = ($11,250 - $12,990) / $12,990 x 100%
Rate of return = -12.6%
The negative rate of return indicates that Andy lost money on this investment. It is important to consider the commission fees when calculating the rate of return as they can significantly impact the overall profitability of the investment.
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The we love books publishing company is this a publishing company, if so then how do I get to there web site
Answer:
www.welovebooks.net
Explanation:
You can simply type "We Love Books publishing company" in a search engine and it will show up as the second link. If not then you can just type the name of the website in the browser's search bar to take you straight to their web site which is www.welovebooks.net , They design and publish different books as well as magazines, product catalogues and corporate publications. The website also has a contact option so that you can contact them directly and make requests.
1.Using the information provided in the data file MLS_data.xlsx, calculate the population per franchise for each existing and proposed MLS market. You should consider the population data for each market, as well as the number of major-league franchises provided in the data set.
2. Using the information provided in the data file, calculate the average attendance for each existing MLS team. You should consider the number of home matches and total annual attendance.
3. you take a look at each proposed city and try to figure out how big the facility has to be. To get a ballpark number, you use three existing MLS cities as benchmarks. BUT these cities need to somewhat comparable in size and, especially, population per franchise. In other words, you wouldn’t use NYC and LA to pinpoint proposed attendance numbers for Nashville. (For Q3, you take a look at each proposed city and try to figure out how big the facility has to be. To get a ballpark number, you use three existing MLS cities as benchmarks. BUT these cities need to somewhat comparable in size and, especially, population per franchise. In other words, you wouldn’t use NYC and LA to pinpoint proposed attendance numbers for Nashville.)
4. Based on your analysis of your proposed market population (size, income, living costs), develop a tiered ticket pricing model that you believe will accommodate the local market. Consider your findings above, but also the data provided in the data set regarding average ticket pricing. (flows directly out of this, but here, for the only time, pick ONLY one of the proposed cities for your ticket-pricing model. Entirely your choice. This requires a bit of Googling beyond the information provided in the actual case. Once you have your comparable markets, you’ll be able to find that online pretty quickly - at least rough averages. You will want to have pricing that reflects your comparative markets but also your chosen proposed market. Higher prices for more affluent markets, lower prices for "poorer" markets - though nobody in their right mind would put a team where there's no money to be spent :) But you get the gist!)
5. Complete a corporate depth analysis for the existing and proposed markets using the data set provided. Specifically, calculate the number of corporations per team across each market. How does the corporate depth for your proposed market compare with both those of the existing and proposed markets in the MLS? (Discuss how the new cities compare to the existing ones. You obviously already have the spreadsheet, but highlight notable cities that compare well - or not.)
6. Using the market approach to valuation, calculate the value of a potential naming-rights deal based on comparable MLS deals. Be sure to consider the data provided in Table 2 when conducting your analysis. (Ignore "market approach to valuation" and just propose a naming rights deal for each city, based on those for comparable markets (these will be the same existing cities you used for Q3).)
7. Based on the average future attendance that you calculated above, make a recommendation for the size of facility needed to accommodate this new MLS team. One way to estimate facility size is to conduct a comparables analysis using existing MLS markets for comparison. You should consider capacity at both a 100% sell-out rate and a 90% sell-out rate when making your determination. (Again, use existing similar cities to ballpark size of each new venue.)
8. Using the data set provided in regard to proposed facility financing, calculate the total dollars of private financing put forth by each proposed market. How does the total dollars for your proposed market compare with those of both existing and proposed markets in the MLS? Be sure to use the data provided in Table 1 for reference. (Most of this will simply be filling out the spreadsheet. Highlight things that stand out.)
1. To calculate the population per franchise for each existing and proposed MLS market, we need to divide the population of each market by the number of major-league franchises in that market. This will give us an estimate of the population served by each franchise. By analyzing the data file MLS_data.xlsx, we can gather the population data for each market and the number of major-league franchises. By performing the division operation, we can determine the population per franchise for each market.
2. The average attendance for each existing MLS team can be calculated by dividing the total annual attendance by the number of home matches. The data file provides information on the number of home matches and the total annual attendance for each team. By applying the division operation, we can find the average attendance for each team.
To summarize, in order to determine the population per franchise for each existing and proposed MLS market, we need to divide the population of each market by the number of major-league franchises. Additionally, to calculate the average attendance for each existing MLS team, we divide the total annual attendance by the number of home matches. These calculations will provide valuable insights into the market size and attendance patterns for MLS teams, aiding in decision-making and strategic planning for the league and potential expansion teams.
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Esther and Holly have a disagreement over which company to present their business idea to. They decide to disregard their different stances on environmental issues and focus solely on which business will provide them with the most resources in the short-term. This is an example of focusing on interests, not positions.
Answer: True
Explanation:
From the question, we are informed that Esther and Holly have a disagreement over which company to present their business idea to and that they decide to disregard their different stances on environmental issues and focus solely on which business will provide them with the most resources in the short-term.
The above scenario shows that Esther and Holly are focusing on interests, and not positions. This is shown by them disregard their different stances and focusing on a common goal.
1. The apartment was so cool, but there is no bus stop within miles and I don't have a car. Rent
Not rent
2. The renting agent says I have to rent for at least one year. But I'm not sure how many months I'll be in town.
Rent
Not rent
3. I'm not sure how many months I'll be in town. The renting agent says I can leave with 30 days notice.
Rent
Not rent
4. It fits my budget, and I can get to school and work easily.
Rent
Not rent
5. The apartment is great! Bigger bath than I have at home. Close to work! Rent is reasonable! On the "down side," I like cranking my tunes, but the walls are thin and this apartment is loaded with retirees. Plus, they don't allow pets, and I'm thinking about getting a pet boa constrictor.
Rent
Not rent
6. I did my homework on the landlord and found out he has a lot of complaints against him from former renters. He never repairs problems in apartments and never gives deposits back without a fight.
The apartment was so cool, but there is no bus stop within miles and I don't have a car. This was the based on the not rent. Thus, option (b) is correct.
The renting agent says I have to rent for at least one year. But I'm not sure how many months I'll be in town. This was the based on the rent. Thus, option (a) is correct.
I'm not sure how many months I'll be in town. The renting agent says I can leave with 30 days notice. This was the based on the rent. Thus, option (a) is correct.
What is rent?The term rent refers to the based on the deal with the landlord and tenant's. The landlord was the received the payment on the behalf of the give the property was the used.
It fits my budget, and I can get to school and work easily. This was the based on the rent.
The apartment is great! A bigger bath than I have at home. This was the based on the rent.
I did my homework on the landlord and found out he has a lot of complaints against him from former renters. This was the based on the not rent.
As a result, the significance of the sentence are rent or not rent are the aforementioned.
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match the following terms to their definitions. question content area bottom part 1 definition term a. a record used to assign direct labor cost to specific jobs. b. a document that requests the transfer of materials to the production floor. c. a document that shows the direct materials, direct labor, and manufacturing overhead costs for an individual job. d. an accounting system that accumulates costs by process. e. the production of a unique product or specialized service. f. used by companies that manufacture unique products or provide specialized services.
A document that lists the direct materials, direct labor, and manufacturing overhead expenses for a single work is used to assign direct labor costs to specific jobs.
A document used by businesses that produce unique items or offer specialized services that demands the transfer of materials to the manufacturing floor.
A method of accounting that tracks expenses as they are incurred during the creation of a special product or service.
A job cost record is what is it?The costs of direct materials, direct labor, and overhead to be applied to a particular job are included in a work cost record. It serves as a starting point for a job costing system, which accumulates expenses for groups of units.
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Caleb earned 15 dollar on monday and 25 dollar on aturday when he raked hi neighbor yard. On unday he gave10 percent of the money in the offering at church. How much did he give
Caleb earned a total of $40 from raking his neighbor's yard on Monday and Saturday. He decided to give 10 percent of that money in an offering at church on Sunday. 10 percent of $40 is $4, so Caleb gave $4 in the offering at church. The rest of the money, $36, Caleb kept for himself.
Caleb was generous in giving 10 percent of his earnings from raking his neighbor's yard to the church. This is a great example of how we can use our resources to help other people in need. By taking 10 percent of his earnings and giving it to the church, Caleb was able to make a difference in the lives of others and help those in need.
Giving our resources is an important part of being a faithful Christian. It helps us show our love and care for others, and it demonstrates our commitment to supporting the work of the church. We can all learn something from Caleb's example of generosity.
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Record whether the following situation would result in an increase or decrease in assets and/or liabilities:
Please use one of the following answer choices Goes up, Goes down, Stay the same
An organization purchases supplies with cash:
Cash Assets
Inventory assets
Liabilities
An organization purchases supplies on account
Cash assets
Inventory Assets
Liabilities
An organization takes out a loan:
Cash Assets
Inventory Assets
Liabilities
An organization repays loan principle:
Cash Assets
Inventory Assets
Liabilities
An organization makes a payment on an amount it owes:
Cash Assets
Inventory Assets
Liabilities
An organization prepays for insurance:
Cash Assets
Inventory Assets
Liabilities
An organization pays employee wages:
Cash Assets
Inventory Assets
Liabilities
An organization signs a contract to pay for a new building in installments over the next 10 years:
Cash Assets
Inventory Assets
Liabilities
• Cash assets: Goes up or down , • Inventory assets: Goes up , • Liabilities: Goes up or down.
An organization purchases supplies with cash: Cash assets go down as the organization spends cash to purchase supplies. Inventory assets go up as the organization acquires supplies to be used or sold. Liabilities stay the same since the purchase is made with cash, not on account.
An organization purchases supplies on account: Cash assets stay the same as no cash is involved in the transaction. Inventory assets go up as the organization acquires supplies. Liabilities go up as the organization incurs a payable for the supplies purchased on account.
An organization takes out a loan: Cash assets go up as the organization receives cash from the loan. Liabilities go up as the organization incurs a loan payable.
An organization repays loan principal: Cash assets go down as the organization uses cash to repay the loan principal. Liabilities go down as the loan balance decreases.
An organization makes a payment on an amount it owes: Cash assets go down as the organization uses cash to make the payment. Liabilities go down as the amount owed decreases.
An organization prepays for insurance: Cash assets go down as the organization uses cash to prepay for insurance. Liabilities stay the same as no payable is incurred.
An organization pays employee wages: Cash assets go down as the organization uses cash to pay employee wages. Liabilities stay the same as the organization does not incur any new liabilities in this transaction.
An organization signs a contract to pay for a new building in installments over the next 10 years: Cash assets stay the same as no cash is involved at the time of signing the contract. Assets may increase in the future when payments are made. Liabilities go up as the organization incurs a long-term payable for the building.
In summary:
• Cash assets can go up or down depending on the nature of the transaction.
• Inventory assets can go up when supplies are acquired.
• Liabilities can go up or down depending on the transaction.
• In some cases, the assets or liabilities stay the same.
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kray incorporated, which produces a single product, has provided the following data for its most recent month of operations: number of units produced 3,200 variable costs per unit: direct materials $ 40 direct labor $ 25 variable manufacturing overhead $ 14 variable selling and administrative expense $ 5 fixed costs: fixed manufacturing overhead $256,000 fixed selling and administrative expense $259,200 there were no beginning or ending inventories. the variable costing unit product cost was:
The variable costing with the unit product cost, we need to add up all this variable costs per unit. The variable costing unit for the product cost for Kray Incorporated is $84.
Direct materials: $40
Direct labor: $25
Variable manufacturing overhead: $14
Variable selling and administrative expense: $5
variable cost :
$40 + $25 + $14 + $5 = $84
The total variable costs for 3,200 units are:
3,200 units x $84 per unit = $268,800
The total fixed costs are:
Fixed manufacturing overhead: $256,000
Fixed selling and administrative expense: $259,200
Total fixed costs: $256,000 + $259,200 = $515,200
To calculate the variable costing unit product cost, we need to divide the total variable costs by the number of units produced:
$268,800 total variable costs ÷ 3,200 units produced
= $84 variable costing unit product cost.
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At what point does an idea-driven enterprise run into problems and At what point does a market-driven enterprise run into problems?
Idea-driven businesses face unique challenges during growth. ... Their innovation is born from a deep desire to change the way people think about ... to shed light on the different stages of idea-driven business and what problems each stage ...
Idea-driven firms confront particular difficulties as they expand. Their creativity is the result of a strong desire to alter how people think, to shine a light on the many stages of the idea-driven company, and the issues that each level faces.
What is firm?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.
The name of the company is often used for commercial purposes, but the level of legal protection—for owners or employees—depends on the ownership structure that was used to establish the company. Corporations, for example, offer a higher level of legal protection than other forms of organizations. The idea of a mature company with a strong foundation already exists.
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active/passive she is watering the plants
Answer:
active
Explanation:
she "is" means she is currently watering the plants. if it was passive it would have been like this, "she watered the plants".
the financial budget of a merchandising company is similar to that of a manufacturing company. true or false
The given statement is True since a merchandising company's financial budget is similar to a manufacturing company's.
A merchandising company's financial plan contains cash and capital expenditure budgets. It is divided into three parts: cash receipts, cash payments, and short-term financing, just like the cash budget of a manufacturing company. A manufacturing firm, like a retail company, converts raw materials into finished products using labor and other inputs before selling the products.
A service firm, on the other hand, offers services rather than producing or selling items. The budget for buying goods is analogous to the budget for making things. Both units and total money may be used to create the budget for purchases. The cost of inventory sales is often calculated using the procurement budget, which is usually expressed in dollars and uses a cost of goods sold percentage.
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Which law or regulation requires that the ceo and cfo of public companies must certify in writing that their company’s annual and quarterly reports are accurate and complete?.
The Sarbanes-Oxley Act of 2002 is the law that requires that the ceo and cfo of public companies must certify in writing that their company’s annual and quarterly reports are accurate and complete.
What is a law?
This is the term that is used to refer to the legal rules and regulations that have being set up in a place that has the aim of being able to guide the behaviors of the people that live in a particular geographical area.
The section 302 of this law is what requires the CEOs to do what has been requested in this question that we have here.
The Sarbanes-Oxley Act of 2002 was passed by the congress of the United States. The reason why that law was passed was deu to the fact that the investors in the nation were to be protected from all activities of fraud.
Hence we would say that The Sarbanes-Oxley Act of 2002 is the law that requires that the ceo and cfo of public companies must certify in writing that their company’s annual and quarterly reports are accurate and complete.
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What are some jobs you can get before 16?
Answer:
Babysitting.
You can work at a lot of places, normal jobs, you're just required to takes breaks because you're a minor. You really just have to check with businesses in your area and see where you can work.
My friends work at a pizza place in our town, they were all under 16 when they started working there.
Explanation:
Lucy wants to attach a goal cost
Answer:
What is the rest of your question
Explanation:
5. The measurement of how happy the customer is with their shopping experience with a retailer is called:
O A. Product solutions
O B. Brand knowledge
O C. Customer satisfaction
O D. Product knowledge
which band from seattle battled with ticketmaster over ticket prices to their shows? a. nirvana b. alice in chains c. pearl jam d. soundgarden
Pearl Jam, the band from Seattle, battled with Ticketmaster over ticket prices to their shows. Pearl Jam, the renowned band from Seattle, engaged in a well-known battle with Ticketmaster over ticket prices to their shows. In the early 1990s, Pearl Jam rose to fame during the grunge movement along with other influential bands from Seattle.
At the time, Ticketmaster held a virtual monopoly over ticket distribution and faced criticism for its high service fees and perceived lack of transparency. Pearl Jam took a stand against these practices and fought for lower ticket prices for their fans. They believed that excessive ticket prices were hindering accessibility and affordability for concertgoers.
In 1994, Pearl Jam filed a complaint with the U.S. Department of Justice against Ticketmaster, accusing the company of anti-competitive practices. The band boycotted Ticketmaster for a period and sought alternative ways to distribute tickets directly to fans. Ultimately, their battle with Ticketmaster did not result in significant changes to the ticketing industry, but it raised awareness about the issue of ticket prices and the influence of ticketing monopolies.Thus, it was Pearl Jam that confronted Ticketmaster over ticket prices, showcasing their commitment to their fans and challenging industry norms.
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for a zero-growth firm, it is possible to increase the percentage of sales that are made on credit and still keep accounts receivable at their current level, provided the firm can shorten the length of its collection period sufficiently. t or f
For a zero-growth firm, it is possible to increase the percentage of sales that are made on credit and still keep accounts receivable at their current level, provided the firm can shorten the length of its collection period sufficiently. True
Yes, for a zero-growth firm, it is possible to increase the percentage of sales that are made on credit and yet keep accounts receivable at their existing level, provided the firm can shorten the length of its collection period sufficiently.
A firm is a for-income enterprise corporation—which include a business enterprise, restricted legal responsibility corporation (LLC), or partnership—that offers expert offerings. most companies have simply one place.
Accounts receivable talk over with the cash a enterprise's customers owe for goods or services they have got obtained but now not but paid for. for example, whilst customers purchase merchandise on credit score, the quantity owed receives introduced to the accounts receivable. it is an obligation created through a business transaction.
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If the price of a car is $3,500 with a 6% tax, and the percent of the down payment is 10%, what is the total amount of money you'll need to pay for the car? (total loan)
Based on the price of the car and the percent down payment, the total amount of money that you'll need to pay for the car is $560
What amount would you pay?The down payment on the car is:
= 3,500 x 10%
= $350
The tax on the car is:
= 3,500 x 6%
= $210
The total amount you'll need to pay for the car is:
= 350 + 210
= $560
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A basic concept in economics is that all resources are
O scarce.
• allocated.
valuable.
O renewable.
A basic concept in economics is that all resources are scarce. Thus, option a. is the correct answer.
Explain about the basic concept about the economics.
Every person's life includes doing economics on a regular basis in addition to studying it. It serves as a means of balancing the inputs and outputs of money. Whatever it is, one should prepare before the month or count at the end of the month or year, whether it is a small family, a large family, a small commercial enterprise, or a giant organisation. Economics seeks to strike a balance between the unending demands and the finite resources.
After saying this, we'll start talking about the topic of "economics." The pupils who are just beginning their studies in commerce in class XI will find this subject extremely interesting. In essence
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Answer:
Option A scarce
Explanation:
In order to construct a reliable price index, government accountants must assign a ______ to each of several categories of goods and services. Multiple choice question.
To build a reliable price index, government accountants must assign a weight to each of several categories of goods and services.
What is the Consumer Price Index?The CPI is an average used to measure the variation in prices that consumers will pay for a product or service over a period of time.
Therefore, the CPI is the most used index for measuring inflation and deflation in the American economy, through the prices and weights of goods and services.
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how much service department cost would be allocated to the macro division? group of answer choices A. $405,000 B. $130,000 C. $175,000 D ,$305,000
Total service department costs allocated to Macro Division = $60,000 + $200,000 + $145,000 = $405,000. The answer is option b. $405,000.
To allocate the service department costs to the operating divisions, we need to use a suitable allocation method.
Here, we are given the activity bases for each service department, which we can use to allocate the costs to the operating divisions based on their usage of the services.
Using the direct method, we allocate each service department's costs directly to the operating divisions based on their usage of the corresponding activity base. The total service department costs to be allocated are $1,100,000 ($200,000 + $500,000 + $400,000).
The allocation of Graphics Production costs is based on the number of copies made by each division. The total number of copies made by all divisions is 100,000 (20,000 + 30,000 + 50,000). Therefore, the allocation of Graphics Production costs to the Macro Division would be:
Allocation of Graphics Production costs to Macro Division = (30,000 ÷ 100,000) × $200,000 = $60,000
The allocation of Accounting costs is based on the number of invoices processed by each division. The total number of invoices processed by all divisions is 2,000 (700 + 800 + 500). Therefore, the allocation of Accounting costs to the Macro Division would be:
Allocation of Accounting costs to Macro Division = (800 ÷ 2,000) × $500,000 = $200,000
The allocation of Personnel Department costs is based on the number of employees in each division. The total number of employees in all divisions is 400 (130 + 145 + 125). Therefore, the allocation of Personnel Department costs to the Macro Division would be:
Allocation of Personnel Department costs to Macro Division = (145 ÷ 400) × $400,000 = $145,000
Therefore, the total service department costs allocated to the Macro Division using the direct method would be:
Total service department costs allocated to Macro Division = $60,000 + $200,000 + $145,000 = $405,000
Therefore, the answer is option b. $405,000.
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Complete question
ABC Corporation has three service departments with the following costs and activity base: Service Department Cost Activity Base for Allocation Graphics Production $200,000 number of copies Accounting 500,000 number of invoices processed Personnel Department 400,000 number of employees ABC has three operating divisions, Micro, Macro and Super. Their revenue, cost and activity information are as follows: Micro Macro Super Direct revenues $700,000 $850,000 $650,000 Direct operating expenses 50,000 70,000 100,000 Number of copies made 20,000 30,000 50,000 Number of invoices processed 700 800 500 Number of employees 130 145 125 How much service department cost would be allocated to the Macro Division? a. $175,000 b. $405,000 c. $305,000 d. $130,000
what should be the price for a common stock paying $6 annually in dividends if the growth rate is zero and the discount rate is 15% a. $40 b. $45 c. $37.50 d. $43.75
The correct answer to the given question about price of a common stock is option a) $40.
Price = 6 ÷ 0.15 = 40
A security called common stock serves as a proxy for a company's ownership. Common stock holders decide on corporate policies and elect the board of directors. Usually, long-term returns from this type of stock ownership are higher. Common shareholders, however, do not have any rights to a company's assets in the case of liquidation until all bondholders, preferred shareholders, and other debt holders have been fully compensated.
On a company's balance sheet, common stock is listed under stockholders' equity. If a firm issues it, ordinary investors won't get paid until the preferred shareholders, bondholders, and creditors have each earned their share in the event of bankruptcy. In comparison to debt or preference shares, it is riskier.
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A company had cash and marketable securities worth $200,000 accounts payables worth $51,000, inventory of $1,501,500, accounts receivables of $5,288,128, short-term notes payable worth $220,000, other current liabilities of 100,000, and other current assets of $121,800. Calculate the company net working capitaland describe how managers manage the firm working capital
The company's net working capital is $3,739,428. Managers manage the firm's working capital by monitoring and optimizing cash and accounts receivable to ensure efficient use of resources and maintain liquidity.
To calculate the company's net working capital, we need to subtract current liabilities from current assets.
Net Working Capital = (Cash + Marketable Securities + Accounts Receivables + Other Current Assets) - (Accounts Payables + Short-term Notes Payable + Other Current Liabilities)
Substituting the given values:
Net Working Capital = ($200,000 + $0 + $5,288,128 + $121,800) - ($51,000 + $220,000 + $100,000)
Net Working Capital = $5,609,928 - $371,000
Net Working Capital = $3,739,428
Managers manage the firm's working capital by closely monitoring and optimizing various components. They ensure that cash is effectively managed to meet short-term obligations and maintain liquidity.
They analyze inventory levels to prevent excess or shortage, minimizing holding costs and stockouts. They also manage accounts payable, negotiating favorable payment terms with suppliers to optimize cash flow.
Additionally, managers focus on efficient collection of accounts receivable, minimizing the collection period to improve cash inflows. By effectively managing these components, managers aim to optimize the use of resources, maintain financial stability, and support the firm's operations.
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During a group session, the only Persian member and another member ended up in a heated debate about cultural differences. The leader, also Persian, was caught off guard and unsure of how to address the situation in the moment, struggling with an internal conflict. What was the leader’s fear?A) Connecting with the Persian member.
B) Overidentifying with the non-Persian member.
C) Connecting with the non-Persian member.
D) Overidentifying with the Persian member.
Answer: D. Overidentifying with the Persian member.
Explanation:
The leaders fear in this case is over identifying with the Persian member. Since the leader is Persian, he is afraid that he could overidentify with the Persian member and this could bring about biasness with the way he handles the issue.
Therefore, based on the given options, the correct answer is D.