The manager of Triks Burgers keeps track of the number of customers served at different periods of the day in an attempt to plan a schedule for workers that matches the demand for the restaurant's products. By using this tracking system, the manager of Triks Burgers is utilizing ________ control.
Answers
Answer:
"Output" is the right approach.
Explanation:
Performance monitoring would be an output control method where current output measures are opposed to scheduled output to detect issues at the job core. That's the method used to analyze the production, which would be the end outcome or the facilities that an organization offers. It must be clearly explained that the production or the final result is the only component to be evaluated by the client.Related Questions
Wells, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 865 2 1,040 3 1,290 4 1,385 a. If the discount rate is 8 percent, what is the future value of these cash flows in Year 4
Answers
Answer:
Total FV= $5,080.86
Explanation:
Giving the following information:
Cash Flow:
Cf1= $865
Cf2= $1,040
Cf3= $1,290
Cf4= $1,385
Discount rate (i)= 8%
To calculate the total future value, we need to apply the following formula to each cash flow:
FV= Cf*(1+i)^n
Cf1= 865*1.08^3= 1,089.65
Cf2= 1,040*1.08^2= 1,213.01
Cf3= 1,290*1.08= 1,393.2
Cf4= 1,385
Total FV= $5,080.86
You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.
PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior
DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility
Answers
The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.
Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.
As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.
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In business courses, what are decisions making involving diverse perspectives
Answers
Decision making involving diverse perspectives in business courses is a critical aspect that promotes inclusivity, enhances problem-solving skills, and fosters innovation.
Decision making involving diverse perspectives in business courses is a crucial aspect of any business organization.
It refers to the process of making effective and informed decisions based on input from diverse perspectives.
Such decisions are reached through a collaborative approach, where individuals with different backgrounds and expertise work together to achieve a common goal.
It is an essential aspect of effective decision-making, as it helps to mitigate the risk of making hasty or ill-informed decisions that could adversely affect the organization's success.
Diverse perspectives refer to the inclusion of different viewpoints, opinions, and experiences.
It entails involving people from different cultural, social, economic, and ethnic backgrounds, among others.
In business courses, decision making involving diverse perspectives may include strategies such as brainstorming, consultation, and collaboration.
These strategies help to foster creativity, promote innovation, and enhance problem-solving skills.
Additionally, it helps to create a diverse and inclusive organizational culture that values diversity and fosters mutual respect.
In conclusion, decision making involving diverse perspectives in business courses is a critical aspect that promotes inclusivity, enhances problem-solving skills, and fosters innovation.
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Give an example to each of the three categories of influence on customers
Answers
Answ er:
Explanat ion:
The common stock of Leaning Tower of Pita Inc., a restaurant chain, will generate payoffs to investors next year, which depend on the state of the economy, as follows: Dividend Stock Price Boom $ 10 $ 200 Normal economy 6 90 Recession 0 0 The company goes out of business if a recession hits. Assume for simplicity that the three possible states of the economy are equally likely. The stock is selling today for $80.
a. Calculate the rate of return to Leaning Tower of Pita shareholders for each economic state. (Negative amounts should be indicated by a minus sign. Enter your answers as a percent rounded to 2 decimal places.) Rate of return Boom Normal economy Recession a-2.
b. Calculate the expected rate of return and standard deviation of return to Leaning Tower of Pita shareholders. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Expected return Standard deviation
Answers
Answer:
a) Boom = 162.50%
Normal =20.00%
Recession = - 100.00%
b) Expected return = 27.50%
Standard deviation = 107.30%
Explanation:
a) To find the rate of return for each economy state, let's use:
Rate of return = (Dividend +Stock price next year-stock price today)/stock price today
i) For Boom:
\( \frac{10 + 200 - 80}{80} = 1.625 \) = 162.50%
ii) Normal:
\(\frac{6 + 90- 80}{80} = 0.2 \) = 20.00%
iii) Recession :
\(\frac{0 + 0 - 80}{80} = - 1 \) = -100%
b) To calculate the expected rate of return, let's use:
Expected return = Sum of expected return in different scenario / number of economy states
\( = \frac{162.5 + 20 - 100}{3} = 27.50\)
Standard deviation:
To find the standard deviation, let's use:
Standard deviation = √[(sum of square of expected return in each scenario -average return)/n]
\( = \sqrt{\frac{(162.50-27.50)^2+(20-27.50)^2+(-100-27.50)^2}{3}} \)
\( = \sqrt{\frac{(135)^2 + (-7.50)^2 + (-127.50)^2}{3}} \)
\( = \sqrt{\frac{18225+56.25+16256.25}{3} \)
= 107.30%
Standard deviation = 107.30%
Square Hammer Corp. shows the following information on its 2018 income statement: Sales = $305,000; Costs = $176,000; Other expenses = $8,900; Depreciation expense = $18,700; Interest expense $12,900; Taxes - $23,345; Dividends $19,500. In addition, you're told that the firm issued $6,400 in new equity during 2018 and redeemed $4,900 in outstanding long-term debt.
a. What is the 2018 operating cash flow? (Do not round intermediate calculations.)
b. What is the 2018 cash flow to creditors? (Do not round intermediate calculations.)
c. What is the 2018 cash flow to stockholders? (Do not round intermediate calculations.)
d. If net fixed assets increased by $46,000 during the year, what was the addition to NWC? (Do not round intermediate calculations.)
Answers
Answer and Explanation:
a. The cash flow to stockholders is
EBIDT - Taxes = Sales - Costs- Other expenses - Taxes
$305,000 - $176,000 - $8,900 - $23,345
= $96,755
b. Cash flow to creditors is
= Interest paid - Net new borrowing
= $12,900 - (-$4,900)
= $17,800
c. Cash flow to stockholders = Dividend paid - Net new equity raised
= $19,500 - $6,400
= $13,100
d. The addition to NWC is
Cash flow from assets = Operating cash flow - Change in NWC - Net capital spending
As we know that
Cash flow from assets is
= Cash flow to creditors + Cash flow to stockholders
= $17,800 + $13,100 = $30,900
Operating cash flow = $96,755
Net Capital Spending = Dep + increase in Fixed assets
= $18,700 + $46,000
= $64,700
Now placing these values to the above formula
$30,900 = $96,755 - Change in NWC - $64,700
Change in NWC is
= $96,755 - $64,700 - $30,900
= $1,155
We simply applied the above formulas
Acellus
What is the rate of return when 35 shares of Stock
A, purchased for $20/share, are sold for $815? The
commission on the sale is $6.
Rate of Return = [?] %
Give your answer as a percent rounded to the
nearest tenth
Enter
Answers
Answer:
8.00
Explanation:
When actions by individuals in a organization are directed toward the goal of furthering their own self-interests, it is termed as
Answers
Answer:
Organizational politics.
Explanation:
An interest group can be defined as a group of people sharing common aims, ideas and concerns, which seeks to influence government or a public policy.
This ultimately implies that, the interest groups consists of individuals who are only concerned about influencing public policy of the government on the basis of a particular common aim and interest.
Similarly, when actions by individuals in a organization are directed toward the goal of furthering their own self-interests such as being promoted, traveling to get estacodes, training, courses, etc., it is generally termed as organizational politics. Thus, you will see such employees (individuals) getting closer to top the executive management and patronizing them, in order to be in their good books.
Ryan is a sales coordinator with a big bookstore that has outlets in several cities. He plans to start an e-publishing service that would enable networking among authors and readers. Which type of e-publishing would be appropriate for Ryan’s project?
Answers
Explanation:
sorry this version please
which activity is an economic activity?
a / watching tv
b / reading a book
c / playing video games
d / helping a friends decorate for a party
e / selling vegetables and fruits
Answers
Answer:
e
Explanation:
by buying goods you are stimulating the economy
Which source is not valid for a lookup list
A.query
B.table
C.custom list
D.report
Answers
A query is not valid for a lookup list.
What is a Lookup field?Lookup fields allow customers to create relationships between extraordinary modules and allow users to display related lists of a document. You could use a research discipline to accomplice distinctive modules or pull up a listing of facts in another module.
What is the lookup query?Create lookup queries to your product policies and rate rules to evaluate discipline values on items apart from quotes. You could then use your rule's moves and situations to send those values to a quote, quote line, or product alternative.
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Read the excerpt from The Federal Farmer.
Instead of being thirteen republics, under a federal head, [the Federalists’ plan] is clearly designed to make us one [unified] government. . . . Whether such a change can ever be [made] in any manner; whether it can be [made] without convulsions and civil wars; whether such a change will not totally destroy the liberties of this country—time only can determine.
–The Federal Farmer
What best summarizes the point of view the excerpt expresses?
Under one unified government, people will be robbed of their freedoms.
The Federalists prefer thirteen republics to one unified government.
One unified government probably will not lead to disruptions and civil wars.
Time will tell if a unified government can be a success or a failure.
Answers
Answer:
D. Time will tell if a unified government can be a success or a failure.
Explain
Just took the test, trust me <3
Consider an economy that produces only chocolate bars. In year 1, the quantity produced is 5 bars and the price is Rs.600 per bar. In year 2, the quantity produced is 6 bars and the price is Rs.750 per bar. In year 3, the quantity produced is 7 bars and the price is Rs.825 per bar. Year 1 is the base year. What is nominal GDP for year 1? What is real GDP for year 2? What is real GDP for year 3? What is the GDP deflator for year 2? What is the GDP deflator for year 3? What is the percentage growth rate of real GDP from year 2 to year 3? (Please avoid typing % sign)
Answers
Answer:
An apple, potato, and onion all taste the same if you eat them with your nose plugged
Explanation:
You have been pricing an MP3 player in several stores. Three stores have the identical price of $500. Each store charges 24 percent APR, has a 30-day grace period, and sends out bills on the first of the month. On further investigation, you find that store A calculates the finance charge by using the average daily balance method, store B uses the adjusted balance method, and store C uses the previous balance method. Assume you purchased the MP3 player on May 5 and made a $100 payment on June 15.
Answers
Answer:
Store A = $9
Store B = $8
Store C = $10
Explanation:
Finance charges calculated by average daily balance finance charges basis, adjusted balance method finance charges basis and Previous Balance Method Finance Charge basis is calculated as follows
Store A:
Average Daily Balance Finance Charge basis = ($500 + $400) /2
Average Daily Balance Finance Charge basis = $450
Finance Charges = $450 x (24% / 12)
Finance Charges = $9
Store B:
Adjusted Balance Method Finance Charge basis = $500 - $100
Adjusted Balance Method Finance Charge basis = $400
Finance Charges = $400 x (24% / 12)
Finance Charges = $8
Store C:
Previous Balance Method Finance Charge basis = $500 - $0
Previous Balance Method Finance Charge basis = $800
Finance Charges = $500 x (24% / 12)
Finance Charges = $10
A purchase of supplies on account is recorded in the a.revenue journal b.general journal c.cash payments journal d.purchases journal
Answers
Answer: b
Explanation:
identify 2 challenge that are experienced by tertiary sector
Answers
Answer:
Explanation:
Two challenges commonly experienced by the tertiary sector include technological disruption and increasing customer expectations.
TECHNOLOGICAL DISRUPTION: The rapid advancement of technology has significantly impacted the tertiary sector. Automation, artificial intelligence, and digitalization have led to the emergence of new business models and processes, disrupting traditional service industries. Tertiary sector businesses must adapt to these changes by integrating technology into their operations, upskilling their workforce, and redefining their service offerings to remain competitive.
INCREASING CUSTOMER EXPECTATIONS: In today's digital age, customers have higher expectations when it comes to service quality, convenience, and personalization. They demand seamless online experiences, instant responses, and customized solutions. Meeting these expectations requires tertiary sector organizations to invest in customer relationship management systems, improve their digital presence, and provide personalized and efficient services.
i had eaten plenty true or false
Answers
Answer:
true
Explanation:
its up to you
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1. Prepare journal entries to record the preceding transactions.
2. Post the entries prepared in step 1 to their respective T-accounts.
3. Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold.
4. Prepare and income statement for the year.
Information and Data
White Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows:
Raw Materials $20,000
Work in Process $15,000
Finished Goods $30,000
The company applies overhead cost to jobs on the basis of machine-hours worked. For the current year, the company's predetermined overhead rates was based on a cost forumulat that estimated $450,000 of total manufacturing overhead for an estimated activity level of 75,000 machine-hours. The following transactions were recorded for the year:
A. Raw materials were purchased on account, $410,000.
B. Raw materials were used in production, $380,000 ($360,000 direct materials and $20,000 indirect materials).
C. The following costs were accrued for employee services: Direct Labor, $75,000; Indirect Labor, $110,000; Sales Commissions, $90,000; and Administrative Salaries, $200,000.
D. Sales travel costs (on account) were $17,000.
E. Utility costs (on account) in the factory were $43,000.
F. Advertising costs (on account) were $180,000.
G. Depreciation was recorded for the year, $350,000 ($280,000 relates to factory assets and $70,000 relates to selling and administrative assets).
H. Insurance expired during the year, $10,000 ($7,000 relates to factory operations and the remaining relates to sellling and administrative activities.
I. Manufacturing overhead was applied to production. Due to greater than expected demand for its products, the company worked 80,000 machine hours on all jobs during the year.
J. Jobs costing $900,000 to manufacture according to their job cost sheets were completed during the year.
K. Jobs were sold on account to customers during the year for a total of $1,500,000. The jobs cost $870,000 to manufacture according to their job cost sheets.
L. Close out entry to for Underapplied / Overapplied Manufacturing Overhead (as stated in item 3 above).
Answers
1. Journal Entries: A. Raw materials inventory (debit) $410,000 ,Accounts payable (credit) $410,000.
What is the meaning of Gross Profit?Gross profit is the revenue earned by a company minus the direct costs associated with producing and selling its products or services. In other words, it is the amount of money that a company has left over from its sales after deducting the cost of goods sold (COGS).
B. Work in process inventory (debit) $380,000
Raw materials inventory (debit) $360,000
Manufacturing overhead (debit) $20,000
Accounts payable (credit) $380,000
C. Direct labor (debit) $75,000
Indirect labor (debit) $110,000
Sales commissions expense (debit) $90,000
Administrative salaries expense (debit) $200,000
Accrued salaries and wages payable (credit) $475,000
D. Sales travel expense (debit) $17,000
Accounts payable (credit) $17,000
E. Utilities expense (debit) $43,000
Accounts payable (credit) $43,000
F. Advertising expense (debit) $180,000
Accounts payable (credit) $180,000
G. Depreciation expense (debit) $350,000
Accumulated depreciation - factory assets (credit) $280,000
Accumulated depreciation - selling and administrative assets (credit) $70,000
H. Factory insurance expense (debit) $7,000
Selling and administrative insurance expense (debit) $3,000
Prepaid insurance (credit) $10,000
I. Work in process inventory (debit) $360,000
Manufacturing overhead (debit) $90,000
Accrued manufacturing overhead (credit) $450,000
J. Finished Goods Inventory $900,000
Work in Process Inventory $900,000
K. Accounts Receivable $1,500,000
Sales $1,500,000
Cost of Goods Sold $870,000
Finished Goods Inventory $870,000
L. Manufacturing Overhead $20,000
Cost of Goods Sold $20,000
2. T-Accounts:
Raw Materials Inventory
Beginning Balance: $20,000
Purchases: $410,000
Materials Used: ($360,000)
Ending Balance: $70,000
Work in Process Inventory
Beginning Balance: $15,000
Direct Materials: $360,000
Direct Labor: $75,000
Manufacturing Overhead: $90,000
Jobs Completed: ($900,000)
Ending Balance: $540,000
Finished Goods Inventory
Beginning Balance: $30,000
Cost of Goods Manufactured: $900,000
Jobs Sold: ($870,000)
Ending Balance: $60,000
Manufacturing Overhead
Applied to Production: $90,000
Actual Overhead: ($603,000)
Closing Entry: $20,000
Ending Balance: $-493,000
3. Closing Entry:
Manufacturing Overhead $493,000
Cost of Goods Sold $493,000
4. Income Statement:
Sales $1,500,000
Cost of Goods Sold ($870,000)
Gross Profit $630,000
Operating Expenses:
Direct Labor $75,000
Indirect Labor $110,000
Sales Commissions $90,000
Administrative Salaries $200,000
Sales Travel Expenses $17,000
Utility Costs $43,000
Advertising Expenses $180,000
Depreciation Expense - Factory Assets $280,000
Depreciation Expense - Selling and Administrative Assets $70,000
Insurance Expense $10,000
Total Operating Expenses ($1,075,000)
Operating Income ($445,000).
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An investment should be classified as current on the balance sheet if (Select all that apply.)
Multiple select question.
it will be sold within 12 months.
it does not have a maturity date.
management has the intent and ability to liquidate it in the near term.
it is an investment of stock of another company regardless of maturity.
Answers
An investment should be classified as current on the balance sheet if: it will be sold within 12 months and management has the intent and ability to liquidate it in the near term.
What is asset liquidation?The process of turning non-liquid assets, including real estate, machinery, or investments, into cash is known as asset liquidation. This procedure is frequently required when a company is having financial problems and wants to obtain money rapidly.
A company may choose to liquidate its assets as part of a closure or when it wishes to get rid of any extra ones. The procedure may entail selling individual or large quantities of goods at auction or privately, as well as reclaiming assets and selling them to settle debts. During liquidation, creditors, debts, and other outstanding liabilities are settled using the money raised from the sale of assets.
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What is the decrease in the overall value of an asset called?
A.
depreciation
B.
deceleration
C.
amortization
D.
disinvestment
Answers
Question 6 of 10
A risk response plan lists your risks, including identified risk causes, description, and
Select an answer:
potential impacts
why the risk can't be avoided
your sponsor's assignee to handle risk
issue register
Answers
A risk response plan lists your risks, including identified risk causes, descriptions, and Option A. potential impacts.
The Risk Response Planning is a process that recognizes potential risks, assesses them, and establishes management plans to reduce or prevent them. Risk response plans should describe the expected outcome of each response action, any significant input from stakeholders, and the time and resources required to carry out the response. A risk response plan typically includes the following sections:
Risk Management Plan Preparation - This section provides guidance for preparing the risk management plan's remainder. It describes the recommended contents of the risk management plan and the recommended process for preparing it.
Risk Identification - This section identifies risk sources that might cause a negative outcome for the project. It also provides a risk identification checklist that the project team can utilize as a starting point for identifying risks.
Risk Analysis - This section analyzes each identified risk's potential impact on project success by estimating the probability of occurrence and the potential effect on the project's objectives.
Risk Response Development - This section outlines the strategies and actions for managing risks. It includes contingency plans for high-priority risks and an implementation plan for all other risks.
Risk Response Control - This section describes how to evaluate the effectiveness of the risk response strategy, establish contingency plans, and implement corrective action as needed.
Risk response plans should be developed in collaboration with stakeholders to ensure that the project's risks are addressed appropriately. In addition, they should be reviewed regularly and updated as necessary throughout the project. The most important part of any risk response plan is the risk response strategy, which describes the specific actions to be taken in response to each identified risk. Therefore, the correct option is A.
The question was incomplete, Find the full content below:
Question 6 of 10
A risk response plan lists your risks, including identified risk causes, descriptions, and
Select an answer:
A. potential impacts
B. why the risk can't be avoided
C. your sponsor's assignee to handle risk
D. issue register
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Please Help soon
Reflect on how the money multiplier concept can be an important tool of both expansionary as well as contractionary monetary policy for any central bank such as the U.S. Federal Reserve Bank?
Answers
The money multiplier can be used as an expansionary and also an expansionary tool by a given government.
What is an expansionary tool?As an expansionary tool, the money multiplier may be used to increase the amount of money supply that is in an economy. This would cause the interest rates to be low so that people would not have much benefits from saving their money.
As a contractionary toolThe money multiplier can be used to reduce the amount of money that is in circulation in a given economy. This would make people want to save more money in the bank because the interest rate is going to be raised.
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questions What do you see as the main difference between a successful and an unsuccessful decision? How much does luck oues versus Skill have to do with it?
Answers
Answer:
Explanation:
the difference between a successful and an unsuccessful decision is with a successful decision you would be successful and make profit since this is the subject of business and an unsuccessful decision will make you lose profit and make you lose into Investments. there is no luck vs skill this is all skill actually. skill has to do with this because you need to have certain experience in a certain thing to be having a successful decision.
how the stock market works
simplify ur answer?
Answers
Answer: Stock market works by doing an activity of buy/sell. It is a profit process. For example, you bought something cheap and sell it expensive that is profit.
Explanation:
what are the challenges associated with not being ‘tech savvy’ in 2023?
Answers
As the world keeps advancing technologically, being tech-savvy becomes increasingly important. However, not being tech-savvy in 2023 may pose a lot of challenges. Some of these challenges are :Job Market, Learning,Communication,Security.
Job Market: In 2023, there will be more tech-based jobs than there currently are. Being not tech-savvy would make it difficult for an individual to secure employment in such sectors. This means that those who are not tech-savvy would be limited to jobs that require no technical skills.Learning: Due to the increased importance of technology, those who are not tech-savvy would find it challenging to learn new things. This means that they would be unable to benefit from new technology, apps, and software that are released in the market. They may also face difficulties while navigating technology-based environments.Communication: In 2023, communication will be more technology-driven than ever before. Those who are not tech-savvy may find it challenging to communicate with others effectively. This may lead to miscommunication and misunderstandings which could impact personal and professional relationships.Security: Cybersecurity is a significant concern in today's world. Not being tech-savvy could make it difficult for an individual to secure their information, devices, and accounts. This could lead to loss of data, identity theft, and other forms of cybercrime.In conclusion, being tech-savvy in 2023 is essential to success, as the world will be driven by technology. Those who do not embrace technology may find themselves limited in terms of employment opportunities, communication, and personal security.
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Determine the future value if $5,000 is invested in each of the following situations: 7 percent for seven years
Answers
Explanation:
Present Value (PV) = $5,000
Future Value(FV) = ?
Interest rate(r) = 7 percent
Number of years (N) = 7 years
The formula for future value is:
FV = PV(1+ r)^n
= $5,000(1+0.07)^7
$5,000(1.07)^7
$5,000 x 1.605781476
=$8,028.91
Approximately $8,030
Alternatively, we can use a Financial calculator:
N= 7; I/Y= 7, PV= -5,000 CPT FV= $8,028.91
Approximately $8,030
A good handler wants to use a thermometer to measure the air temperature inside of a cooler. To what temperature should the thermometer
be accurate?
Answers
Answer:
2°F, or ±1.0°C
Explanation:
For each transaction of Sealy Co., (a) determine whether or not Sealy owns the goods during transit. (b) If Sealy is responsible for transportation costs, record the entry for shipping costs assuming they are paid in cash. Assume Sealy uses the perpetual inventory system.
Answers
The indication of whether or not Sealy Co. owns the goods during transit is as follows:
1. Yes. Sealy Co. owns the goods.
2. Yes. Sealy Co. owns the goods.
3. No. Sealy Co. does not own the goods.
4. No. Sealy Co. does not own the goods.
Journal Entries:
1. Debit Freight-in $600
Credit Cash $600
To record transportation costs for the purchase of goods on FOB shipping point.2. Debit Freight-Out $200
Credit Cash $200
To record thetransportation costs for the sale of goods on FOB destination point.Data Analysis:
1. Yes. Freight-in $600 Cash $600
2. Yes. Freight-0ut $200 Cash $200
3. No. No Journal Entry Required $350
4. No. No Journal Entry Required $125.
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Increases in the rate of new product introduction lead to
a) increased demand uncertainty
b)shifts from innovative to functional products
c) decreased demand uncertainty
Answers
Answer:
shifts from innovative to functional products
The following data pertain to an investment proposal (Ignore income taxes.):
Cost of the investment $35,000
Annual cost savings $12,000
Estimated salvage value $6,000
Life of the project 5 years
Discount rate 18%
Required:
Determine the appropriate discount factor(s) using the tables provided.
Answers
The net present value of the proposed investment is closest to $5,146.
Net present value = Present value of cash-flows - Initial investment
Given Information
PV of cashflows at 18%
Cash flows PV at 18% P.V. of cash-flows
$12,000 (Cost saving) 3.127 $37,524
$6,000 (Salvage) 0.437 $2,622
Total $40,146
Net present value = $40,146 - $35,000
Net present value = $5,146
Therefore, the net present value of the proposed investment is closest to $5,146.
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