Answer:
$205,000
--
Stockholders' equity = ($300,000 - $180,000) + ($375,000 - $240,000) - $50,000.
Explanation:
SE = (Total Assets - Total Liabilities) + (Revenues - Expenses) - Dividends
You are asked to take over a project that is behind schedule. As you review the project, you find the delays are due to scope creep. The project uses a reasonable change management plan that seems to be working. What is the likely cause of the scope creep?
Answer:
A risk that has become reality in your project has led to a cost increase.
A risk that has become reality in your project has led to a cost increase is likely cause of the scope creep.
What is the cost?The amount of money spent by a company on the creation or fabrication of goods or services is referred to as the cost. It does not include the profit margin. From the standpoint of a seller, cost is the amount of money spent to produce a good or product.
Costs are the expenses incurred by a business in order to produce goods and/or provide services. Costs are important in business because they are the thing that drains a company's profits.
Therefore, The most likely cause of scope creep is a risk that has become a reality in the project, resulting in a cost increase.
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For the past year, Hawkeye, Inc., had a cost of goods sold of $60,382. At the end of the year, the accounts payable balance was $13,489. How long on average did it take the company to pay off its suppliers during the year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
It will take the company (Hawkeye, Inc.) to pay off its suppliers during the year 81.47 days
What is payable turnover?The accounts payable turnover is what measure how fast a business makes payments to creditors and suppliers in which it grant credit.
Payables turnover
= Cost of goods sold / Accounts payable
= $60,382 / $13,489
= 4.48 times
Now we can use the payables turnover to find the days' sales in payables as:
Days' sales in payables
= 365 days / Payables turnover
= 365 days / 4.48
= 81.47 days
Hence, it will take the company to pay off its suppliers during the year 81.47 days
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You are the senior auditor in charge of the audit of Potholders Ltd, a retailer of garden pots and gnomes. Your audit firm has been auditor for the last four years. Historically, the firm has had a competent and qualified internal audit team upon whose work you have placed significant reliance. Management is well respected and is viewed to have high integrity, although there was some friction last year when the auditor discovered sales cut-off errors, which reduced profit and had an adverse impact on management bonuses under the new bonus scheme. While the company has been very profitable, drought and water restrictions have placed pressure on management to maintain profitability. In planning the audit you become aware of the following facts:
1. There is a cash shortage caused by recent business expansions and falls in cash inflow.
2. The accounts payable balance has increased by 30 per cent on last year.
3. Days in debtors has increased from 45 days to 63 days.
4. Due to the difficulty of maintaining sales levels, credit checks are not always carried out.
5. Internal audit department staff levels have been halved.
6. After a recent series of thefts, control over inventory has been tightened. When goods are received they are counted and inspected and, after a pre-numbered goods received advice is prepared, the goods are moved to an enclosed storage area with adequate security, including closed-circuit TV. Goods are released from the store only upon receipt of a properly authorised requisition form.
7. In the past, all purchases were made centrally at head office. However, store managers are now asked/allowed to purchase direct from local suppliers in order to obtain inventory at lower prices and avoid transport costs. Some store managers in North Queensland are importing from Indonesia.
Required:
1. Identify each component of audit engagement.
2. Outline the facts that increase inherent risks and the facts that increase or decrease control risk
The components of audit engagement from the question are:
Cost-benefitCircumvention designsapplication of controlscontrol environment The factors that increase inherent risksThe integrity of the people that are in managerial positions. The experience and the effectiveness of managers.Pressures faced by management.The type of business.Factors that affect control risks:Presence of Novel situationsThe use of Outdated controlsImproper separation of dutiesRead more on inherent risks here: https://brainly.com/question/14538724
Identify each scenario as an example of expansionary fiscal policy, contractionary fiscal policy, or not an example of fiscal policy. a. An increase in the money supply is fiscal policy. b. A decrease in taxes is fiscal policy.
Based on the tenets of fiscal policy, the following are true:
An increase in money supply is not an example of fiscal policy. A decrease in taxes is expansionary fiscal policy. What is fiscal policy?Fiscal policy refers to things that the government does in order to influence the economy through spending and taxation.
When there is a decrease in taxes for instance, this is expansionary fiscal policy as the government is trying to increase the amount that people have to spend.
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When the price level in the United States rises relative to the price level of other countries, __________will rise, ________ will fall, and ________ will fall.
When the price level in the United States rises relative to the price level of other countries, imports will rise, exports will fall, and net exports will fall.
Effect of Relative Price Level on Exports and Imports
Imports would increase if the US price level falls relative to other countries' pricing because imported items became cheaper.
Exports in the United States would decrease if the price of goods in the United States increases relative to other countries.
Because import would surpass export, net export which is export minus import would fall.
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A bachelor's degree in which areas concentrates on different writing and editing styles?
A: Psychology
B: Philosophy
C: communications
Personal and business finances should be kept separate.
True
False
Answer:
(True) It is accurate that personal and business finances should be kept separate.
Explanation:
Though there are various advantages to keeping your personal and company finances separate, tax and personal security issues are two of the most essential. Keeping track of company spending for tax purposes is significantly easier when you have a separate business account and separating your business and personal funds might be a burden, but it can also assist safeguard your assets in the event of legal action.
what type of economic system does cubs have
Answer:
the economy of cuba is a mixed command dominated by state-run enterprises most of the labor force is employed by the state.
What does it mean to become a master adaptive learner and why is this
important?
Answer:
Hi
Explanation:
A master adaptive learner is someone that uses an approach to self-regulated learning that leads to development. This is important because this can give you a growth mindset and motivation.
it is used to market the product that the business is selling?
Answer:
The four Ps of marketing are the key factors that are involved in the marketing of a good or service. They are the product, price, place, and promotion of a good or service. Often referred to as the marketing mix, the four Ps are constrained by internal and external factors in the overall business environment, and they interact significantly with one another.
The 4 Ps are used by companies to identify some key factors for their business, including what consumers want from them, how their product or service meets or fails to meet those needs, how their product or service is perceived in the world, how they stand out from their competitors, and how they interact with their customers.
KEY TAKEAWAYS
The four Ps are the four essential factors involved in marketing a good or service to the public.
These are the four Ps: the product (the good or service), the price (what the consumer pays), the place (the location where a product is marketed), and promotion (the advertising).
The concept of the four Ps has been around since the 1950s; as the marketing industry has evolved, the concepts of people, process, and physical evidence have become important components of marketing a product, too.
Analyse why the social benefit of education exceeds the private benefit
There are many benefits of education, it is very important in different fields and it is also very important in your private life, if you are educated then your next generation will not have any problem and you too will be a good.
On January 1, Boston Enterprises issues bonds that have a $1,350,000 par value, mature in 20 years, and pay 8% interest semiannually on June 30 and December 31. The bonds are sold at par. 1. How much interest will Boston pay (in cash) to the bondholders every six months? 2. Prepare journal entries to record (a) the issuance of bonds on January 1, (b) the first interest payment on June 30, and (c) the second interest payment on December 31. 3. Prepare the journal entry for issuance assuming the bonds are issued at (a) 97 and (b) 103.
1. The amount of interest that Boston Enterprises will pay in cash to the bondholders every six months is $54,000 ($1,350,000 x 4%).
2. The preparation of the journal entries to record the following for Boston Enterprises is:
January 1:
Debit Cash $1,350,000
Credit Bonds Payable $1,350,000
To record the issuance of bonds at par for cash.2. b) The first interest payment on June 30:
June 30:
Debit Interest Expense $54,000
Credit Cash $54,000
To record the first interest payment.2. c) The second interest payment on December 31:
December 31:
Debit Interest Expense $54,000
Credit Cash $54,000
To record the first interest payment.3) The preparation of the journal entry for the issuance of the bonds, assuming the bonds are issued at:
a) 97:
Debit Cash $1,309,500
Debit Bonds Discounts $40,500
Credit Bonds Payable $1,350,000
To record the issuance of bonds at par at a discount.b) 103:
Debit Cash $1,390,500
Credit Bonds Payable $1,350,000
Credit Bonds Premium $40,500
To record the issuance of bonds at par at a premium.
Data and Calculations:Bonds face value = $1,350,000
Maturity period = 20 years
Issuance date = January 1
Interest rate = 8%
Interest payment = semi-annually
Interest payment dates = June 30 and December 31
Transaction Analysis:2. a) The issuance of the bonds on January 1:
Cash $1,350,000 Bonds Payable $1,350,000
2. b) The first interest payment on June 30:
Interest Expense $54,000 Cash $54,000
2. c) The second interest payment on December 31:
Interest Expense $54,000 Cash $54,000
3) The preparation of the journal entry for the issuance of the bonds, assuming the bonds are issued at:
a) 97:
Cash $1,309,500 Bonds Discounts $40,500 Bonds Payable $1,350,000
b) 103:
Cash $1,390,500 Bonds Payable $1,350,000 Bonds Premium $40,500
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Q1: In about 200 words, write an essay analyzing the below case study using the SWOT framework.
• Students are required to define each key concept (SWOT) and to identify 4 strengths, 4 weaknesses, 2 opportunity, and 2 threats. Then to write an analytical text for the case study. Then to write an analytical essay for the case study. (60%)
Nike’s Goddess
Could a famously masculine company finally click with female customers? That was the challenge behind Nike Goddess, whose goal was to change how the company designed for, sold, and communicated with women.
In its 30-year history, Nike had become the undisputed leader in sports marketing. But beneath the success was an Achilles’ heel. Nike is named after a woman – the Greek goddess of victory – but for most of its history, the company had been perceived as being mostly about men. Could Nike do more to realize the full potential of female customers? And how could it afford not to, given the threats to its future with Air Jordan running out of air and brands like Skechers digging into the teen market with shoes inspired by skateboarding, not basketball. That was the huge question at Nike HQ. The launch of Nike Goddess was the makings of an answer.
Just Doing It Differently
For much of its history, Nike’s destiny was controlled by its founders, Phil Knight and his running buddies, who signed up athletes in locker rooms and made the executive decisions. But by throwing together a diverse team of people with different backgrounds and different levels of seniority, Nike has found that it can keep many of its core attributes while adding new sources of inspiration. Take the combination of star designer John Hoke and newcomer Mindy Grossman, vice president of global apparel. Hoke designed the look and feel of the first Nike Goddess store. Then Grossman, whose career has included helping make Ralph Lauren into a retail icon, pitched1 the design ideas to Nike’s top retailers as stores within stores. Now it looks like Nike has a chance to reach a crucial objective: double its sales to women by the end of the decade.
How to Sell to Women
Nike Goddess began as a concept for a women-only store, and there’s a reason why. Many of the retail settings in which the company’s products were found were a turnoff to female customers: dark, loud, and harsh – in a word, male. In sharp contrast, the Nike Goddess stores have the comforting feel of a woman’s own home.
How to Design for Women
Designing a new approach to retail was only one element in Nike’s campaign. Another was redesigning the shoes and clothes themselves. Nike’s footwear designers worked on 18-month production cycles – which made it hard to stay in step with the new styles and colors for women. The apparel group, which worked around 12-month cycles, was better at keeping up with fashion trends. But that meant that the clothes weren’t coordinated with the shoes – a big turnoff 2 for women.
How to Talk to Women
When Jackie Thomas, Nike’s US brand marketing director for women, first heard the phrase ‘Nike goddess,’ she wasn’t impressed. ‘I don’t like talking to women through gender,’ she says. Nike Goddess had to mean something to women and it was her job to make that happen. ‘Women don’t need anybody’s permission. We are at our best when we are showing women a place where they didn’t think they could be.’ For John Hoke, the real power of Nike Goddess is not about traffic at stores. It’s about changing minds inside the company. ‘I knew that Goddess could galvanise3 us,’ he says, ‘It was an opportunity to redefine and re-energies our entire brand around a market that was taking off.’
Q2: In about 200 words, write an essay analyzing the STEEPLE Module .
Students are required to define each key concept (STEEPLE) and to illustrate all concepts with examples. (40%)
Essay writing is given to students in order to test their writing and reading skills.
How to write an essay?Based on the information given, the way to write the essay will be given. Firstly, it's important to decide on your topic. In this case, it is an essay analyzing the STEEPLE Module.
Research should be done on the topic and create an essay outline. STEEPLE stands for social, technological, economic, environmental, political, legal, and ethical. Set your argument in the introduction and develop it with evidence.
Finally, check the content, grammar, formatting, and spelling of your essay.
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All of the following statements regarding “barter” are true EXCEPT:
It is efficient in terms of resources used.
Its widespread use is limited.
It is an exchange system where goods trade for goods.
Since it requires you to find someone willing to trade, it can be time consuming
Answer:
1
Explanation:
"It is efficient in terms of resources used."
It is false.
You find a zero coupon bond with a par value of $1,000 and 17 years to maturity. If the yield to maturity on this bond is 4.9 percent, what is the price of the bond
Answer:
$4,434.21
Explanation:
Suppose eating four apples has a marginal benefit of $5 and the cost for each apple is $3. The optimal choice is
a. eating four apples.
b. eating more than four apples.
c. eating less than four apples.
A $1,000 bond quoted at _____ would be purchased or sold at a discount.
a. 110
b. 100
c. 98
d. 105
Why should an entrepreneur do a feasibility study for starting a new venture
Answer:
Because a feasibility study assists entrepreneurs in understanding the market, the budget needed to launch a company, the liquidity factors of a business endeavor, and the return on investment in the initiative.
Respond by (1) Identifying the type of syllogism below (Categorical, Disjunctive, Conditional) and (2) explain, in your own words, why the structure of the syllogism may be correct, but the conclusion could be false.
Major Premise: If the sidewalk is wet, then it must have just rained.
Minor Premise: The sidewalk is wet.
Conclusion: Therefore, it just rained.
The syllogism used is conditional, that is, it occurs through deductive reasoning, because if the minor premise is true, the minor premise will also be true.
What is Conditional syllogism?It is a type of syllogism widely used in everyday life, but the conclusion is not always true, because despite having two true premises, the conclusion can be false, because the argumentation is not always valid, as it does not directly represent the premises.
Therefore, despite being syllogisms that follow the pattern of "If" and "then" to express a logic, the conclusion will not always be true, as this type of syllogism can also be hypothetical.
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A leverage ratio is any one of several financial measurements that look at how much capital a firm holds in relation to its total assets. For our purposes we define the bank's leverage ratio as equity capital divided by total assets.*
Go to the St. Louis Federal Reserve FRED database, and find data on assets less liabilities, i.e. bank capital (RALACBM027SBOG), and total assets of commercial banks(TLAACBM027SBOG). Starting in January 1995 until December 2018, calculate the bank leverage ratio and create a line graph of the leverage ratio over this sample (include the graph you created with your submission). Given the path of bank leverage over time, what can you conclude about moral hazard in the banking system over the time period considered?
* - Just to show how nebulous is the definition of the leverage ratio, the inverse of this ratio is also called a leverage ratio in other contexts.
Based on the data given in the database, the leverage ratios from 1995 to 2018 are:
1995 - 0.0828691996 - 0.0571421997 - 0.0571421998 - 0.0450941999 - 0.0410832000 - 0.0401612001 - 0.0448272002 - 0.046132003 - 0.0492422004 - 0.0555492005 - 0.0638062006 - 0.0671562007 - 0.0703862008 - 0.0698252009 - 0.0742352010 - 0.1132942011 - 0.1136462012 - 0.1147882013 - 0.1109412014 - 0.1078432015 - 0.1087832016 - 0.1095192017 - 0.1103212018 - 0.109845What does the data show?The leverage ratios shown above are yearly averages calculated by averaging the monthly leverage ratios.
Monthly leverage ratio:
= Bank capital / Assets of commercial banks
The attached line graph shows that moral hazard has increased overtime as banks have taken on more risk.
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what is value laden exchange?
Answer:
A value exchange is a description of a transaction which can include, but may not necessarily be, financial in nature. Examples of a value exchange between a brand and a customer can include: The trading of money for goods or services (a straightforward financial transaction)
Explanation:
Blossom Company purchased a delivery truck for $32,000 on July 1, 2022. The truck has an expected salvage value of $4,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 15,000 in 2022 and 12,000 in 2023. Blossom uses the straight-line method of depreciation. (a) Compute depreciation expense for 2022 and 2023. Depreciation Expense 2022 2023 Straight-line method$ $
The straight line depreciation expense in 2022 is $1500.
The straight line depreciation expense in 2023 is $3000.
What is the depreciation expense in 2022 and 2023?
The striaght line depreciation method spreads out the depreciation expense equally over the useful life of the project.
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
($32,000 - $4,000) / 8 = $3000
The depreciation expense each year would be $3000 except in 2022 when the truck was used for 6 months.
Depreciation expense in 2022 = 6/12(3000) = $1500
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Which budget items (costs) would you include and exclude in your training budget?
Some of the items that should be included in a budget includes:
Groceries.Housing.Basic utilities.Transportation.Insurance, etc.What is a Budget?This refers to the use of financial planning to make provisions for finance and income.
Hence, we can see that budget is made with the aim of making sound financial decisions that would keep one out of insolvency and extreme debt.
Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.
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what is micro environment
The middle layer of elements in a firms external environment, primarily concerned with a firms industry situation.
The micro marketing environment consists of certain forces that are part of an organisations marketing process, but remain external to the organisation. This micro marketing environment that surrounds organisations can be complex by nature, however, the company has an element of control over how it operates within this environment.
What are the similarity and common characteristics of regulation, rule and policy?
Answer:
Policies are the rules and regulations that serve as a guiding principle for the organization while making decisions. On the other hand, procedures are the precise steps that are followed while carrying out an organization activity.
There is always a relation between them: Policies are rules that are made by organizations, to achieve their aims and goals. Policies are made by individuals, groups, companies, and even governments to carry out their plans. Regulations are rules that are made to make people comply and behave in a certain manner.
There is usually a relationship between rules, regulations, and Policies.
What is the relation between Policy and Regulations?Policies are rules that might be made through organizations, to reap their objectives and goals.
Policies are made through individuals, groups, companies, or even governments to perform their plans. Regulations are rules that might be made to make humans comply and behave in a sure manner.
Hence, these are the similarities and common characteristics of regulation, rule, and policy.
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2 Questions
Questions Attached
1a) The pre-split market capitalization for Gm Corporation is $583.2 million ($129.60 x 4.5 million).
1b) The post-split number of shares is 11.25 million shares (4.5 million x 5/2).
1c) The post-split market price per share for GM Corporation is $51.84 ($129.60 x 2/5).
1d) The post-split market capitalization for GM Corporation is $583.2 million ($51.84 x 11.25 million).
What is a Stock-Split?A stock split divides a company's shares into more number of shares. By this division, the number of shares are increased while the share price is lowered.
For example, GM Corporation's 5-for-2 stock split increases its outstanding shares from 4.5 million shares to 11.25 million shares.
Similarly, Burger Chain's 3-for-1 stock split, will increase the outstanding number of shares while reducing the price from $48.81 to $16.27.
Data and Calculations:GM Corporation:Business initiative = 5-for-2 stock split
Price before split = $129.60
Outstanding number of shares = 4.5 million
New number of shares = 11.25 million (4.5 million x 5/2)
a) The pre-split market capitalization for Gm Corporation is $583.2 million ($129.60 x 4.5 million).
b) The post-split number of shares is 11.25 million shares (4.5 million x 5/2).
c) The post-split market price per share per share for GM Corporation is $51.84 ($129.60 x 2/5).
d) The post-split market capitalization for GM Corporation is $583.2 million ($51.84 x 11.25 million).
Burger Chain:Business initiative = 3-for-1 stock split
Price before split = $48.81
Dividend per share = $2.07
2a) The new price of one share after the split for Burger Chain is $16.27 ($48.81 x 1/3).
2b) The new dividend after the split is $0.69 ($2.07 x 1/3).
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Any unamortized premium is reported on the balance sheet
a. as a deduction from the face amount of the bonds.
b. as an addition to the face amount of the bonds.
c. as a stand-alone line item.
d. netted with bonds, showing only the carrying amount.
Ken, a real estate agent, assures Lily that a certain parcel of commercial property fronts on the most highly trafficked street in Metro City. Lily buys the property and then discovers that the street has no more traffic than any other in its vicinity. Lily may recover damages for
Lily is a victim of fraudulent misrepresentation and may recover damages for her down payment.
What is Fraud?This refers to the use of false pretexts to get something from someone or close a deal and is considered a criminal offense.
Hence, based on the fact that Ken, the real estate agent was not truthful in his assertion about the traffic rate in the property he was about to sell, then Lily is a victim of fraud and may recover damages for her down payment
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a friend is keen to get a start in real estate and offers to work weekends for you, free of charge, as your assistant to learn the industry. Explain what you would do and why.
Hiring someone from family or friends as a real estate agent can entail some negative situations like contractual conflicts and biased outlook.
What is the role of the real estate agent?It is the professional or company responsible for connecting buyers and sellers for the sale and rental of properties and representing them in legal negotiations.
Therefore, as it is a career of great responsibility, it is essential that the professional is qualified to carry out the best opportunities without being biased by any factor.
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Madeline and Shonda are developing a project together. They just found out their client wants the finished product one month sooner than they expected. Madeline advocates eliminating the product testing step. Shonda believes they should change how the product is produced so that they can still perform all product testing. If they use the collaborating conflict style, what may occur next
Madeline and Shonda will brainstorm until a third mutually beneficial option is agreed upon if they should change how the product is produced so that they can still perform all product testing.
What is product development?Product development is the process of creating a new product or improving an existing one. It is the complete process of bringing a new product to market, renewing an existing product.
During the idea generation stage of the new product development process, it is important that all ideas that come from brainstorming are good.
Hence, if Madeline and Shonda use collaborating conflict style, they will brainstorm until a third mutually beneficial option is agreed upon.
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