Warren Company is a calendar year, cash basis firm. On December 6, 2016, Warren paid $7,200 cash to a landscape service business that maintains the lawns and gardens around Warren's headquarters. How much of this expenditure can Warren deduct in 2016 assuming that:a. The expenditure is a prepayment for four months of landscape maintenance beginning in May 1, 2017?b. The expenditure is a prepayment for 12 months of landscape maintenance beginning May 1,, 2017?
Answers
Since Warren Company is a cash basis firm, the expenditure can be deducted in the year it was paid, which is 2016.
a. If the expenditure is a prepayment for four months of landscape maintenance beginning in May 1, 2017, Warren can deduct $1,800 ($7,200/4) in 2016.
b. If the expenditure is a prepayment for 12 months of landscape maintenance beginning May 1, 2017, Warren can deduct the entire $7,200 in 2016. a. If the expenditure of $7,200 is a prepayment for four months of landscape maintenance beginning on May 1, 2017, Warren Company cannot deduct any of the expenditure in 2016. This is because, as a cash basis firm, Warren can only deduct expenses in the year they are actually incurred. Since the maintenance service will be provided in 2017, the expenditure is not deductible in 2016. b. If the expenditure of $7,200 is a prepayment for 12 months of landscape maintenance beginning May 1, 2017, Warren Company still cannot deduct any of the expenditure in 2016 for the same reason mentioned earlier. The entire amount will be deductible in 2017 when the landscape maintenance services are actually provided.
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Related Questions
The table shows the terms of a fixed-rate mortgage.
Which accurately describes the terms of this mortgage? Check all that apply.
The homeowner is borrowing $360,000.
The monthly interest rate is 4 percent.
Monthly payments must be made for 30 years.
The annual interest rate is 4.8 percent.
The homeowner is borrowing $200,000.
Monthly payments must be made for 360 years.
Answers
The fixed-rate mortgage concept is used in home loans. Monthly payments for 30 years, the interest rate is 4.8%, and borrowing $200,000.
What is a fixed-rate mortgage?It is usually used in home loans with a fixed interest rate during the term of the loan. It is beneficial because once the rate of interest is fixed it is not influenced by the increase in the rate in the future.
C - Monthly payments for 30 years.
D - The interest rate is 4.8 % annually
E - borrowing $200,000.
Therefore, options C, D, and E explain the fixed-rate mortgage.
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*ECONOMICS* Which situation best illustrates the concept of absolute advantage?
O A. A factory in Vietnam can produce more shoes than other
countries.
O B. The total value of U.S. exports is lower than the value of the
country's imports.
O C. A software company is forced to increase its prices to pay for
rising labor costs.
D. A restaurant buys its ingredients from nearby farms to help the
local economy.
Answers
Answer:
O A. A factory in Vietnam can produce more shoes than other
countries.
Explanation:
Absolute advantage is the capability of a commercial entity to produce goods using fewer resources compared to rivals. Using the same inputs, an entity with an absolute advantage produces a larger output compared to competitors. It means the firm has a lower marginal cost of production. Therefore, its products will have the lowest prices in the market.
The factory in Vietnam has an absolute advantage in producing shoes. It is using fewer resources than rivals to manufacture shoes, that why it is producing a higher quantity.
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
GRUBHUB PERKS GIVE YOU DEALS ON THE FOOD YOU LOVE
THE KIND OF DEALS THAT MAKE YOU B O O G I E
DO DO DO DO TU TU TU TU
DO DO TU TUG UT UTURUWEUG
DOVRIOGJGHIJRG
DO
DO
DO
GET THE FOOD YOU LOVE i cant even finish it
Answers
Answer:
Grubhub perks give you deals on the food you love.
The kind of deals that make you boogie.
[music]
Purple guy: *bites borger and dances*
Sushi guys: *appear and eat the sushi*
Sallad girl: *eats salad and stands up*
Milkshake girl: *does the splits and sluprs milkshake*
Everyone: *dances all at once*
camera moves to purple guy and shows him dancing
[music stops] camera changes to house and kid looks at purple guy
purple guy: points at kid
kid: says huh and blinks
[music starts again]
Kid: *dancing*
Get the food you love with perks *doorbell rings* from Grubhub!
Grub what you love
Explanation:
The Bradshaw family has $200,000 of total assets and $140,000 of liabilities. What is their net worth?
Malleable
Measurable
Maintainable
Manageable
Answers
Answer: $60,000
Explanation:
The Net worth of a person or people can be calculated by deducting their liabilities from their total assets.
The net worth of the Bradshaw family is therefore;
= 200,000 - 140,000
= $60,000
The options given are not for this question. There is a similar question which asks what the M in the Goal-setting acronym S.M.A.R.T stands for.
The answer to that is Measurable.
When you are saving or investing, the amount of expected return you receive is based on this:
O Risk Level
O Time
O None of the answers are correct
O Interest
Answers
It is Based on The Risk Level.
what is vern's journal entry on april 12 assuming that he uses a perpetual inventory system, and records purchases using the gross method?
Answers
Vern's journal entry on April 12 assuming he uses a perpetual inventory system, and records purchases using the gross method is Date Account Titles Ref.
Debit Credit April 12 Purchases (Inventory)Account Payable xxxxxx Inventory Account Payable xxxxxx
What is a perpetual inventory system?
Perpetual inventory is a system of accounting that records the inventory in real-time, allowing the business owner to maintain a continual, accurate count of inventory levels. Perpetual inventory, as opposed to periodic inventory, necessitates that inventory levels be updated each time an item is sold.
Perpetual inventory systems are frequently found in retail, manufacturing, and other industries that necessitate real-time tracking of inventory levels.
What is the Gross Method?
The Gross Method is a way of calculating the value of net sales that utilizes the total amount of sales plus the total cost of sales during the accounting cycle. In accounting, it is often used to calculate net sales. To calculate the gross profit margin, the gross method is typically used.
The gross profit margin, also known as the gross margin, is the amount by which revenues exceed the cost of goods sold, expressed as a percentage.
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1. What types of deaths are considered "deaths of despair"?
Answers
Answer:
Starvation, drowning, torture, death from thirst or starvation, rotting in solitary confinement until death.
Explanation:
Sometimes people will do anyting to survive, invluding eating themselves.
what was exported from chile and peru as a form of fertilizer?
Answers
The primary product exported from Chile and Peru as a form of fertilizer is guano.
Guano, which is the accumulated excrement of seabirds, bats, or marine animals, was extensively used as a natural fertilizer during the 19th and early 20th centuries.
Chile and Peru were major sources of guano due to their abundant seabird populations along the coastal areas, creating large deposits of guano on nearby islands.
The Guano Age, between the 1840s and 1880s, saw the extraction and export of these deposits to enhance agricultural production in various countries, particularly in Europe and the United States.
This valuable resource led to economic booms for both countries and even sparked territorial disputes over guano-rich islands. Today, guano is still used as an organic fertilizer, but its significance has diminished with the development of synthetic alternatives.
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Nathan owns a termite inspection service, so he falls under the animal systems pathway in agricultural, food, and natural resources cluster?
True or False ?
Answers
Direction: Design your own financial transaction worksheet and indicate the effect of each transaction below using the balance sheet equation. After each transaction is properly recorded, compute new subtotals for the Assets, Liabilities, and Owner’s Equity.
Studio Co
Nikkita Co, a veteran photographer, opened a studio for her professional practice on July 1 Transactions completed during the month follows:
July
1
-
Deposited P146, 200 in a bank account in the name of the business, Studio Co
2
-
Bought new photography equipment on account from Canon, Equipment, P71, 210
3
-
Invested personal photography equipment into business, P51,620.
7
-
Paid office rent for the month, P5,500
8
-
Bought photography supplies for cash, P7, 960.
15
-
Paid premium for insurance cover on photography equipment, P1, 240
16
-
Received P8,960 as professional fees for services rendered.
20
-
Paid salary of part-time assistant, P6,000
21
-
Received and paid bill for telephone service, P640
24
-
Paid Canon Equipment part of the amount owed on the purchase of photography equipment, P4,200
26
-
Received P15,480 as professional fees for service rendered
29
-
Paid for minor repairs to photography equipment, P760
31
-
Co withdrew cash for personal use, P9,600
Answers
Answer: What's going on.
What accounts are affected.
How are they affected
Does the balance sheet balance.
Does the analysis make sense
Explanation:
Which of the following is not a non-tariff barrier?
a. voluntary export restraint
b. health and product standards
c. enviromental protection law
d. ad-valorem duties
Answers
The one that is not a non-tariff barrier is option D. ad-valorem duties
What is a tariff barriers?Tariff barriers refers to a barrier to trade between particular countries or specific areas involving nations which occurs in the form of abnormally excessive taxes levied by a government on imports or occasionally exports for purposes of protection, support of the balance of payments, or the raising of revenue.
Tariff barriers is also considered to be several tariffs or duties imposed on foreign trade transactions to impose trade restrictions. From the available options, ad-valorem duty is tariff barrier, while the others are non-tariff barriers to trade.
Ad-valorem duty is imposed on import goods as percentage of the total value of goods imported.
Therefore, the correct answer is as given above
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the asset demand for money 'da' is shown in the graph below. the transactions demand for money is $50 billion. the supply of money is $150 billion.
Answers
The asset demand for money 'Da' exceeds the supply of money by $50 billion.
In the given scenario, the asset demand for money 'Da' is shown to be higher than the supply of money, resulting in a shortage of $50 billion. This means that individuals and entities have a greater desire to hold money as an asset than what is available in the economy.
The asset demand for money represents the portion of money held by individuals and institutions as a store of value or an asset. It is influenced by factors such as interest rates, inflation expectations, and the overall economic conditions. When the asset demand for money exceeds the supply, it indicates that individuals and institutions want to hold more money as an asset than what is currently available.
The shortage of $50 billion in this case suggests that there is an imbalance between the desired amount of money people want to hold as an asset and the actual supply of money in the economy. This situation could lead to increased competition for the limited money supply, potentially impacting interest rates and overall economic stability.
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a good marketer can identify potential opportunities by paying close attention to environmental ________; it is important to continuously monitor the business environment in which a company operates.
Answers
Paying close attention to environmental factors leads to potential opportunities for a good marketer. Such factors include market competition, consumer demand, etc.
What are the factors affecting marketer success?
The followings are factors affecting marketer success:
Economic EnvironmentMarket CompetitionLegal EnvironmentDemographic FactorsThus, there are many other factors that good marketers need to focus on so that they can identify potential opportunities.
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A good marketer can identify potential opportunities by paying close attention to environmental factors it is important to continuously monitor the business environment in which a company operates.
What is business environment?Business Environment can be referred to as the collection of all internal as well as external factors that can affect the business.
These factors could be:
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Please help me 50 WORDS MINIMUM, read the post of my classmates. Reply to one of your classmates, and compare your results. How similar or different was your identification of the main ethical/moral issue? Did you reach a similar decision, or was your decision different from your classmate's? How did your opinion of the critical thinking process compare with your classmate's? After having read your classmate's summary, what might you do differently next time?
MY POST:
Identification:
The main ethical issue is:
What should the person named in the case do about giving out free samples to customers at a grocery store?
Decision:
The Most ethical resolution for Anthony is to report Mario's action to his supervisor or the Peloni family. This decision is morally justified because it upholds the responsibility of employees to follow company policies and ensure the grocery store maintains its integrity and ethical standards. The Peloni family implemented the policy against giving free samples for a reason, and disregarding this policy could potentially harm the business by diminishing the value of the products and potentially creating a negative customer experience. Determining net utility and applying universality and respect for persons also informed the decision. Ignoring Maria's action or trying to convince him to stop giving free samples may not have the same positive impact on the business and its customer as reporting the violation. Additionally, if Anthony were to talk to the Peloni family about the policy and potential benefits of offering free samples, it could potentially compromise the integrity of the business and be seen as an attempt to justify violating company policy.
Reflection:
The critical thinking process is a systematic and logical approach to problem-solving that involves several steps, including identifying the issue, gathering and analyzing information, evaluating options, and making a decision. As a person, critical thinking is useful to utilize this process in order to provide the most accurate and relevant responses to questions. Personally, find that the critical thinking process is an invaluable tool in both my personal and professional life. It has taught me to approach problems in a more organized and methodical manner, which has allowed me to make more informed and effective decisions. Additionally, by applying critical thinking to everyday situations, am better able to identify biases and assumptions and to evaluate arguments and evidence. Ultimately, the critical thinking process has enabled me to become a more analytical and logical thinker and has provided me with a framework for making better decisions in all areas of my life.
Answers
Answer:
I agree with your identification of the main ethical issue, which is whether or not to report the violation of the company policy on giving out free samples to customers. Your decision to report Mario's actions to the supervisor or the Peloni family is similar to mine, as it upholds the company policies and ethical standards, and ensures that the customers are getting the right value for the products.
I also appreciate your reflection on the critical thinking process and how it has helped you become a better decision-maker. I share the same opinion that the critical thinking process is an invaluable tool that helps us approach problems in a more organized and methodical manner. By evaluating arguments and evidence, we can make informed decisions that are not based on biases and assumptions.
After reading your summary, I think that I could have included a bit more detail in my response, especially when it comes to explaining why reporting Mario's actions is the most ethical resolution. I appreciate the additional information that you provided in your response, which helped me understand the situation better.
Explanation:
I agree with your identification of the main ethical issue in the case, which is whether or not to give out free samples to customers at the grocery store. Our decisions are also similar in that we both believe that the most ethical resolution is for Anthony to report Mario's actions to his supervisor or the Peloni family. We both recognize that upholding company policies is important in maintaining the integrity and ethical standards of the business.
I also appreciate your reflection on the critical thinking process and how it has helped you in your personal and professional life. I share your sentiment that critical thinking is a valuable tool for approaching problems in an organized and methodical manner, and for making more informed and effective decisions.
Next time, I might consider including more specific examples or evidence to support my decision-making process. Additionally, I might try to consider alternative perspectives or counter-arguments in order to strengthen my argument and ensure that I have considered all possible options.
According to experts, what organizational practice will allow the growth of ai to create new jobs?.
Answers
Programs using artificial intelligence may aid human workers with repetitive and data-focused jobs.
What is organizational practice?Upskilling often takes place within a predetermined career path, providing individuals with obvious chances for development as they raise their skill levels.
Programs using artificial intelligence may aid human workers with repetitive and data-focused jobs, enabling them to quickly and accurately gather information.
Therefore, additionally, this approach gives workers more time to concentrate on challenging creative tasks.
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The discovery of a new hybrid wheat would increase the supply of wheat. As a result, wheat farmers would realize an increase in total revenue if the:.
Answers
Wheat farmers would realize an increase in total revenue if the demand for wheat remains constant or increases and the production cost of the new hybrid wheat is lower than that of the existing wheat varieties.
The discovery of a new hybrid wheat has the potential to increase the supply of wheat. If the demand for wheat remains constant or grows, the increased supply can lead to higher sales volume for wheat farmers. This increased sales volume has the potential to generate higher total revenue for farmers.
However, the increase in total revenue depends on two key factors. Firstly, if the demand for wheat remains constant or increases, there will be a market for the additional supply of wheat. If the demand decreases, the increased supply may lead to a surplus, which can result in lower prices and potentially lower total revenue for wheat farmers.
Secondly, the production cost of the new hybrid wheat must be lower than that of the existing wheat varieties for farmers to realize an increase in total revenue. Lower production costs can lead to higher profit margins per unit of wheat sold. This could be due to factors such as improved yield, disease resistance, or reduced input requirements (e.g., water, fertilizer, pesticides).
To ensure an increase in total revenue for wheat farmers with the discovery of a new hybrid wheat, it is crucial for the demand to either remain constant or grow, and for the production cost of the new hybrid wheat to be lower than that of the existing wheat varieties. These conditions would enable farmers to benefit from increased sales volume and improved profit margins, resulting in higher total revenue.
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the earliest studies of leadership focused on the traits, or personal characteristics, of leaders, but later research shifted to focus more on:
a. Leader behavior
b. Member behavior
c. Charismatic behavior
d. Follower behavior
e. Focus behavior
Answers
The earliest studies of leadership focused on the traits, or personal characteristics, of leaders, but later research shifted to focus more on leader behavior. Thus, option a is correct.
The shift occurred as researchers recognized that understanding how leaders interact with their team members and their decision-making processes is crucial for effective leadership.
Authoritarian or autocratic leadership style is a type of leadership style in which the leaders take decisions independently with little or no input from the subordinates. They issue orders and expect the subordinates to follow the orders.
This type of leadership style can be used in cases of emergency where quick decisions need to be made by the leader without involving anyone else in the decision-making process.
Democratic or participative leadership style is a type of leadership style in which the leaders involve the subordinates in the decision-making process. The leader seeks input from the subordinates and uses this information to make decisions.
The leader and the subordinates work together as a team to achieve the objectives. Laissez-faire or delegating leadership style is a type of leadership style in which the leaders delegate the decision-making authority to the subordinates.
The leader provides guidance and support to the subordinates but does not interfere in their decision-making process. The subordinates are free to take decisions as they see fit. Thus, option a is correct.
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________ is a determination of what an advertising message will say or communicate to a target audience.
Answers
An advertising message strategy is a determination of what an advertising message will say or communicate to a target audience.
An advertising message strategy is essentially a plan that outlines the key messages that an advertisement will convey to a specific target audience. The strategy typically includes information on the audience's needs, wants, and preferences, as well as the benefits that the product or service being advertised offers to meet those needs.
The goal of the message strategy is to create a message that is not only appealing and relevant to the target audience but also aligns with the overall marketing objectives of the brand or organization. It is essential to ensure that the message is consistent with the brand's identity and positioning, while also being attention-grabbing and memorable to the target audience.
Overall, a well-crafted message strategy is a critical component of any successful advertising campaign. By carefully considering the audience's needs and crafting messages that effectively communicate the brand's value, organizations can create powerful and effective ads that resonate with their customers and drive results.
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Question 1
All of the below are examples of noteworthy news that could generate positive media mentions, EXCEPT
Hiring a new employee
A partnership with a local nonprofit that you donate to
Growth of your business into new markets or product lines
A new product or service rollout
Answers
Answer:
A new product or service rollout
Explanation:
While a new product or service rollout can be important for a business, it is not necessarily noteworthy news that would generate positive media mentions. Positive media mentions typically come from news that is unique, impactful, or of significant interest to the public, such as a partnership with a local nonprofit or growth of a business into new markets or product lines. Hiring a new employee is also noteworthy news, as it can demonstrate growth and success for a business.
the leading petty officer is considered what level of management
Answers
The leading petty officer is considered a part of middle management within the naval organizational structure. Middle management typically consists of individuals who oversee and supervise a group of subordinates while reporting to higher-level managers or officers.
In the military context, the leading petty officer holds a leadership position within the enlisted ranks and is responsible for managing and supervising a specific group or division of sailors. They serve as a bridge between senior officers and the enlisted personnel, ensuring effective communication, discipline, and coordination within their assigned unit.
While middle managers like the leading petty officer have authority over a specific group of individuals, they operate within the broader framework established by higher-level managers. They are responsible for implementing the directives and policies set by senior officers while overseeing the day-to-day activities and welfare of their subordinates. Middle management plays a crucial role in translating higher-level strategies into actionable plans and ensuring their successful execution at the operational level.
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what company is credited with developing the lean manufacturing revolution
Answers
Toyota is credited with developing the lean manufacturing revolution. The lean manufacturing revolution was pioneered by the Japanese automaker Toyota.
It was developed in the 1950s by Taiichi Ohno, an engineer at Toyota, and is known as the Toyota Production System (TPS). The TPS revolutionized manufacturing by emphasizing the elimination of waste, continuous improvement, and respect for people. It introduced concepts such as just-in-time production, where materials are delivered exactly when needed, and the use of kanban, a visual signaling system for inventory control. The lean manufacturing principles developed by Toyota have since been widely adopted by companies worldwide across various industries to improve efficiency, reduce costs, and enhance quality.
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Which person would be the best fit for a career in the Information Technology field?
Answers
A creative person with a flexible mind would be the best fit for a career in the Information Technology field. Thus, option C is correct.
The perfect candidate for a profession in information technology would correspond to a person that can learn quickly, is curious about cutting-edge ideas, and has the ability to think creatively and solve challenging issues. They should have great communication abilities, as well as an understanding of electronics and computer applications. They should also be ready to keep learning and stay current with emerging technological developments.
Therefore, option C is the correct option.
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The question is incomplete, the complete question is:
Which person would be the best fit for a career in the Information Technology field?
a social person with a logical mind
a confident person with a quick mind
a creative person with a flexible mind
a strong person with a methodical mind
why firms in oligopolistic industries are price makers ?
Answers
Firms in oligopolistic industries are few in number and can manipulate prices through collusion, strategic pricing, and barriers to entry, giving them pricing power and making them price makers.
In oligopolistic sectors, there are a few dominating companies that hold a large portion of the market. Due to their substantial market strength, these companies can affect prices. Due to the small number of participants in the market, companies can work together to determine to price. As an alternative, businesses can use strategic pricing to obtain an edge over rivals, such as price matching or undercutting them. Likewise, it may be challenging for new businesses to enter the market and compete against existing organizations due to entry obstacles like high starting costs or legislative limitations. Oligopolistic businesses thus acquire the power to set prices and shape the market, making them price makers.
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Uunder which installments option does the annuitant select the amount of each payment, and the insurer determines how long they will pay benefits?
Answers
Under the installments for a fixed period annuity settlement option, the annuitant selects the time period for the benefits; the insurer determines how much each payment will be. This option pays for a specific amount of time only, and there are no life contingencies.
Identical payments are made over underneath a specific time body determined by means of the annuitant (e.g. 5, ten, or 20 years). If the annuitant dies in advance of the forestall of the rating period, the annuitant's beneficiary will collect the stableness of the remaining payments due.
A lifestyle insurance preference can be determined on an agreement below which the coverage proceeds are left on deposit with the coverage employer to accrue hobby and are paid to the beneficiary in identical bills for a specific quantity of years.
“Annuity fine” or “Annuity duration sure” is while payments are disbursed to you for a hard and fast time frame. In most instances, you could pick out a period beginning from five years to 30 years with a length of superb annuity.
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Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below!
Selling price per unit = $24
Variable expense per unit = $15
Fixed expense per month = $7,290
Unit sales per month = 960
Required:
1. What is the company's margin of safety? (Do not round intermediate calculations.) 2. What is the company's margin of safety as a percentage of its sales? (Round your percentage answer to 2 decimal places (i.e. 0.1234 should be entered as 12.34).)
1. Margin of safety (in dollars)______
2 Margin of safety percentage______%
Answers
1. Margin of safety (in dollars) = $3,480
2. Margin of safety percentage = 15.08%
Margin of safety is the amount of sales that exceed the breakeven point. It is the difference between actual or projected sales and breakeven sales. The Molander Corporation is a distributor of a sun umbrella used at resort hotels. Below is the data concerning the next month's budget:
Selling price per unit = $24
Variable expense per unit = $15
Fixed expense per month = $7,290
Unit sales per month = 960
Given,Selling price per unit = $24
Variable expense per unit = $15
Fixed expense per month = $7,290
Unit sales per month = 960
Contribution margin = Selling price per unit - Variable expense per unit
Contribution margin = $24 - $15Contribution margin = $9
Margin of safety (in dollars) = Total Sales - Breakeven Sales
Total Sales = Selling price per unit × Unit sales per month
Total Sales = $24 × 960Total Sales = $23,040
Breakeven sales = Fixed expenses ÷ Contribution Margin
Breakeven sales = $7,290 ÷ $9
Breakeven sales = 810 units
Margin of safety (in dollars) = $23,040 - ($24 × 810)Margin of safety (in dollars) = $3,480
Margin of safety percentage = Margin of safety (in dollars) ÷ Total Sales × 100
Margin of safety percentage = $3,480 ÷ $23,040 × 100
Margin of safety percentage = 15.08%
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On April 1, 1986, Casey deposited $1150 into a savings account paying 9.6%
interest, compounded quarterly. If he hasn't made any additional deposits or
withdrawals since then, and if the interest rate has stayed the same, in what
year did his balance hit $2300, according to the rule of 72?
Answers
Answer:4900
Explanation: it makes sence duh.
Kavita Raman is a foreign exchange trader for a bank in New York. She has $1 million (or its Swiss franc equivalent) at her disposal for a three-month money market investment. Kavita wonders whether she should invest in U.S. dollars for three months, or make a covered interest arbitrage (CIA) investment in the Swiss franc (SFr) for three months. She faces the following quotes: Which currency should she invest, and how much is the payoff in terms of U.S. dollars? SFr; $1,012,000 SFr; $1,013,538 $:$1,012,000 \$; $1,008,000
Answers
Kavita should invest in the Swiss franc (SFr) for three months, and the payoff in terms of U.S. dollars would be $1,012,000.
The quotes provided suggest that the exchange rate for SFr to USD is $1,012,000. Since Kavita has $1 million at her disposal, investing in the Swiss franc would result in a higher payoff in terms of U.S. dollars. By converting her funds into SFr and investing in the Swiss money market, she can take advantage of the higher interest rates and potentially earn a greater return when she converts back to USD after three months. Therefore, the preferred currency for investment would be the Swiss franc, with a payoff of $1,012,000 in terms of U.S. dollars.
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A popular fried chicken franchise opened their operations in China. Their Beijing outlet translated the tagline, Finger-lickin' good" to "Eat your fingers off." Using online research, briefly summarize five other examples of poor cultural language and cultural awareness in advertising.
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Answer:
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Sometimes marketers try to convince consumers overseas that their product goes beyond traditional cultural barriers by simply translating the original taglines or ignoring cultural barriers. This is where they go wrong. Here are some examples:
A company that made baby foods entered the market in Africa where they used their original packaging of containers with baby pictures on them. In Africa, most companies follow the tradition of putting picture of contents on the packaging. So, putting the picture of a baby on the packaging proved to be a bad brand strategy.
A famous cereal brand had to rename their product name in Sweden after it was translated into the local language as “burned farmer.”
A well-known bank with an ad campaign that read, "Assume Nothing," had to reconsider their campaign when they launched their operations overseas. They had to change their tagline because the tagline translated to "Do Nothing" in many countries.
An automobile company tried to sell cars in Mexico using a tagline that roughly translated to “the car doesn’t move”.
A beverage company used characters in Chinese that sounded like the brand name but read as “Bite the wax tadpole.” They later used a different tagline, this time being more careful.
Explanation:
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