The cost of sales and the inventory balance at the given dates are:
Date Cost of sales Inventory Balance
Dec 12 $21,120 214
Dec 14 $14,800 48
Dec 31 $22,752 14
What is FIFO?FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold.
The items sold on Dec 12 would be taken from the beginning inventory.
Inventory left = (310 - 240) + 144 = 214
Cost of goods sold = 88 x 240 = $21,120
The items sold on Dec 14 would be taken from the beginning inventory and the items bought on Dec 10.
Inventory left = 214 - 166 = 48
Cost of goods sold = (88 x 70) + [(166 - 70) x 90] =
6160 +8640 = $14,800
The items sold on Dec 31 would be taken from the inventory purchase on Dec 10 and 20.
Inventory left = (48 + 240) - 200 = 88
Cost of good sold = (48 x 90) + [(240 - 48) x 96) =
4320 + 18,432 = $22,752
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The demand for does not change when a change in _______ occurs.
The demand for hot dogs does not change when a change in The price of a hot dog occurs.
What is the relationship between price and demand?The price of a good has an influence on the quantity demanded by the consumers.
Provided that non-price factors not included, it should be noted that when the price is very high, there will be lower quantity demanded and vice versa.
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Percy Corporation was formed on January 1. The corporate charter authorized 100,000 shares of $10 par value common stock. During the first month of operation, the corporation issued 230 shares to its attorneys in payment of a $4,300 charge for drawing up the articles of incorporation. The entry to record this transaction would include:
The journal entry for the transaction as mentioned above will include a debit in the organizational expenses for $4,300.
What are the golden rules of a journal entry?As per the golden rules of a journal entry, all the expenses of an organization, whether direct or indirect are debited. Thus, in the above case, the organization expenses will be debited.
Hence, the significance of a journal entry is aforementioned.
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The intrinsic rate of the atriobventricular av bundle is beats/min
The intrinsic rate of the atriobventricular (av) node is 40 to 60 beats per minute (bpm).
What is the rate for beat for av?The arteries and veins are medium of transportation of material and nutrients in the body.
They beats 40 to 60 times in a minutes to show activeness in an individual.
Therefore, the intrinsic rate of the atriobventricular node is 40 to 60 beats per minute (bpm).
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Why is scenario analyses an important tool for managers?
Scenario analysis is very important because it helps to ensure that the management of an organization follows a course that can help them to make better decisions.
What is scenario analysis?This can be defined to be the analysis that can help one to make better decisions and plan their business in such a way that they would have a better strategy.
It helps to challenge the assumptions that are made about the future and also explore alternatives.
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A process failure that results in the process's inability to meet advertised performance standards violates which of the five definitions of quality?
A process failure that results in the process's inability to meet advertised performance standards violates conformance to specifications of the five definitions of quality.
What are the definitions of quality?The definitions of quality can be explained as the standard of something when it is been measured against other things.
five definitions of quality are:
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Suppose you hold a portfolio of two stocks in the healthcare industry. The future outcomes for these stocks depend mainly on the next healthcare bill to be passed by Congress. The possible outcomes and returns are: Outcome Probability Return for Stock A Return for Stock B 1=Republican Bill 0.8 12% -5% 2=Democratic Bill 0.2 3% 20% What is the expected return and a standard deviation of a portfolio that has 50% of its value in stock A and 50% in stock B?
The expected return and standard deviation of the portfolio is 5.1% and 3.2%.
What is the expected return?The expected return of the portfolio is the weighted sum of the return of stock A and stock B.
Return of stock A = (0.8 x 12%) + (0.2 x 3%) = 10.20%
Return of stock B = (0.8 x -5%) + (0.2 x 20%) = 0
Weighed sum = 0.5 x 10.20% = 5.1%
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Private property Multiple Choice discourages exchange since people must get government approval before buying property. are not legally enforceable in the U.S. are sustained by the right of individuals to designate who will receive their property when they die. does everything indicated in the other choices.
One thing about private property is that they are sustained by the right of individuals to designate who will receive their property when they die.
What makes private property so alluring?Private property refers to the legal right of a person to own a property and decide what to do with it within the laws of the nation.
In the U.S., a private property owner is allowed to give their land to whomever they want. This is the chief factor that sustains private land because people acquire them knowing they can pass them on when they die.
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When you are talking to a case, they disclose to you that they are an undocumented worker. in this scenario you should:
If talking to a case and they are undocumented, it is recommended that you carry on the conversation so that the necessary medical care reaches them. Also get their contact information.
What should you do if talking to an undocumented worker?This question relates to contact tracing during the C0vid-19 pandemic.
If you are talking to someone who has C0vid-19 and they are undocumented, this changes nothing in terms of getting them medical attention.
Continue the conversation and try to get their contacts for contact tracing to ensure that they don't spread the virus.
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A Treasury bill with a par value of $100,000 due three months from now is selling today for $97,087 with an effective annual yield of A) 12.40%. B) 12.55%. C) 12.62%. D) 12.68%. E) None of the options are correct.
The effective annual yield of a treasury bill is equivalent to 12.55%.
Option B is the correct answer.
What is the treasury bill?The treasury bill is the trading instrument that is issued in the money market by the government.
Given values:
Par value: $100,000
Future value: $97,087
Number of years from now: 3 years
Step-1 Computation of interest rate of treasury bill:
[tex]\rm\ Interest \rm\ rate \rm\ on\rm\ treasury \rm\ bill=\frac{\rm\ Par \rm\ value - \rm\ Future \rm\ value}{\rm\ Future \rm\ value} \\\rm\ Interest \rm\ rate \rm\ on\rm\ treasury \rm\ bill=\frac{\$100,000-\$97,087}{\$97,087} \\\rm\ Interest \rm\ rate \rm\ on\rm\ treasury \rm\ bill=0.03[/tex]
Step-2 Computation of equivalent yield the bill:
[tex]\rm\ Equivalent \rm\ annual \rm\ yield =(\rm\ 1+ \rm\ interest \rm\ rate)^{\rm\ Number \rm\ of \rm\ years} - 1\\\rm\ Equivalent \rm\ annual \rm\ yield=(1+0.03)^{4} -1\\\rm\ Equivalent \rm\ annual \rm\ yield=1.01255-1\\\rm\ Equivalent \rm\ annual \rm\ yield=0.01255[/tex]
Therefore, 12.55% is the equivalent yield on the treasury bill.
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1. Use a real-life example to describe the following allocation methods. Hint: Use family, friends, teams, church, and/or clubs for examples.
Brute Force
Market
Queuing
Random Selection
Tradition
Equal Shares
Need
Planned
A real-life example of the concepts are:
Brute force: The use of different numbers, trying to win the lottery.
Market: The buying and selling of ice cream at backyard sales.
Queuing: Standing in line to pay for goods at a mall
What is Queuing?This refers to the standing in line by a group of people in order to access a particular service.
Hence, we can see that the other answers are:
Random selection: Picking one person out of four persons, through the throw of a die.
Tradition: Going to camp every year between father and son.
Equal Shares: The allocation of the same amount of food in a family
Need: The purchase of food in order to continue living.
Planned: A vacation to a foreign place that has been in the making for a long time.
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When they first started to conduct business, international ride-sharing companies such as Uber or Lyft relied on new, unfamiliar concepts to develop breakthrough decisions. Drivers use their own cars to transport customers who call or text for a reservation using a credit or debit card. According to the innovation matrix, ride sharing is considered a(n) _______. a. adjacent innovation b. core innovation c. product development strategy d. transformational innovation
Ride sharing is transformational innovation, according to the innovation matrix.
Uber and Lyft use transformational innovation
Transformational innovation includes making discoveries and creating products for the market. Companies like Uber use credit and debit cards for reservations, a novel tactic. Such ideas were virtually unknown to markets in many nations. In some markets, it gave businesses like Uber a competitive edge.To learn more about transformational innovation, refer to-
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Productivity is the Blank______ at which goods and services are produced based upon total output given total inputs. Multiple choice question. rate input output process
Productivity is the "rate" at which goods and services are produced based upon total output given total inputs.
What is rate pf productivity?In economics, productivity is the ratio of output to input, such as labour, capital, or any other resource. It is frequently determined for the economy as a ratio of hours worked to gross domestic product (GDP).
Labour productivity is calculated by the formula-
the labour productivity equation: total output / total input.
The residual of any discrepancy between the rate of output growth and the rate of input growth is used to calculate productivity growth.
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Your Competitive Intelligence team reports that a wave of product liability lawsuits is likely to cause Chester to pull the product Cute entirely off the market this year. Assume Chester scraps all capacity and inventory this round, completely writing off those assets and escrowing the proceeds to a settlement fund, and assume these lawsuits will have no effect on any other products of Chester or other companies. Without Chester's product Cute how much can the industry currently produce in the Core segment
Agency costs faced by MNCs may be larger than those faced by purely domestic firms because: a.monitoring of managers located in foreign countries is more difficult AND foreign subsidiary managers raised in different cultures may not follow uniform goals. b.monitoring of managers located in foreign countries is more difficult. c.MNCs are relatively large. d.foreign subsidiary managers raised in different cultures may not follow uniform goals. e.All of these are correct.
Agency costs faced by MNCs may be larger than those faced by purely domestic firms because:
monitoring of managers located in foreign countries is more difficult AND foreign subsidiary managers raised in different cultures may not follow uniform goals. monitoring of managers located in foreign countries is more difficult..MNCs are relatively large. foreign subsidiary managers raised in different cultures may not follow uniform goal.What are multinational corporations?Multinational corporations can be regarded as one that have the license to operates in more than one country at a time.
Agency costs faced by MNCs may be larger than those faced by purely domestic firms due to how foreign subsidiary managers raised in different cultures may not follow uniform goals.
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Se the following tax rates, ceiling and maximum taxes: employee and employer oasdi: 6.20% $142,800 $8,853.60 employee* and employer hi: 1.45% no limit no maximum self-employed oasdi: 12.4% $142,800 $17,707.20 self-employed hi: 2.9% no limit no maximum *employee hi: plus an additional 0.9% on wages over $200,000. also applicable to self-employed. rounding rules: unless instructed otherwise compute hourly rate and overtime rates as follows: carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate). if the third decimal place is 5 or more, round to the next higher cent. if the third decimal place is less than 5, drop the third decimal place. also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. crow earned $585.15 during the week ended march 1, 20--. prior to payday, crow had cumulative gross earnings of $4,733.20. round your answers to the nearest cent. a. the amount of oasdi taxes to withhold from crow's pay is $fill in the blank 1. b. the amount of hi taxes to withhold from crow's pay is
Based on the OASDI and HI tax rates given, the amount to be withheld for OASDI is $36.28 and for HI is $8.48.
What amount of OASDI taxes will be withheld?This can be found as:
= OASDI tax rate x weekly earnings
= 6.2% x 585.15
= $36.28
What amount of HI Taxes will be withheld?= HI tax rate x weekly earnings
= 1.45% x 585.15
= $8.48
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The changes in the american business system that have had the most dramatic impact on the workings of the free enterprise system are the changes in:
The changes in the american business system that have had the most dramatic impact on the workings of the free enterprise system are the changes in labour force.
What is Labour force?Labour force are people that helped in managing a business.
They include workers and staffs of organization and without them no work can be done.
Change of labour force can have a great impact on an enterprise.
Therefore, The changes in the american business system that have had the most dramatic impact on the workings of the free enterprise system are the changes in labour force.
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Per capita GDP is Group of answer choices A dollar measure of the economic growth rate of a country. The value of the factors of production used to produce output in a country. The sum of consumer goods, investment goods, government services, and net exports. None of the Answers are Correct. GDP divided by total population.
Per capita GDP is GDP divided by total population.
What is a Per capita GDP?This refers to an economic tool that measures the total output of a country by taking a gross domestic product and divides it by number of people.
Hence, the Per capita GDP is derived by calculating the GDP divided by total population.
Therefore, the Option E is correct.
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Which form of personal power is used by leaders?
The form of personal power is used by leaders is Referent power.
What is Referent power?Referent power can be described as a kind of power that can be gotten by the leader's ability to influence and inspire those that he is leading especially in government.
It can be regarded as the adoration and respect that the leader gets as a result of his influence on his subordinates and other managers that are below him in the organization.
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Ken loves to design things and put them together. He helped his dad build a
dog shed from scratch. Which of these marketing career paths would be best
for Ken?
OA. Product designer
OB. Web designer
O C. Market research analyst
OD. Public relations specialist
Answer:
OA. Product designer
Explanation:
He has the skill to build a project.so he can develop his skills and design products.
Answer:
product designer
Explanation:
bc i said so
a provider who directly treats a patient is called a(n)
A provider who directly treats a patient is called a direct provider.
A provider who directly treats a patient is called a direct provider.
Who is a Patient?This refers to the person that is under care, usually in the hospital for an ailment or health-related issue.
Hence, we can see that in the case of the person that takes care of a patient and treats him directly, this person is known as a direct provider and is responsible for getting him to wellness.
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describe the required qualifications occupation of dentist
Answer:
The following steps are necessary to meet dentist degree requirements and licensing standards:
Obtain 4-year bachelor's degree, usually in a science-related field
Take Dental Admissions Test (DAT)
Apply to and enroll in dental school
Complete classroom study and clinical experience
Pass licensing exams
Degree Required: Doctoral
Education Field of Study: Dental medicine, dental surgery
Job Growth (2016-2026): 19% (much faster than average)*
Multi-modal combines several modes of shipment. The most common multi-modal combination globally is Group of answer choices rail-water-rail-truck truck-rail-truck-water truck-rail-water-rail-truck None of these answer choices is correct.
Answer:
truck, rail, water, rail, truck
Explanation:
im a truck driver. my company is GSP Intermodal. shipment comes from supplier, goes to the rail yard, then to the port,(water), then to next rail yard, loaded to a truck, taken to a receiver
Multi-modal combines several modes of shipment. The most common multi-modal combination globally is truck-water-rail-truck.
What is Multi-modal transportation ?Multimodal transportation refers to the blending of many modes of delivery for a consignment. The carrier might be anything from cars to trains to planes to ships. Despite the shipment being broken down into many modes of transportation, it is still covered by a single contract or bill of lading.
Multimodal transportation is the moving of cargo utilizing several modes of transportation from point of origin to point of destination. However, in this case, each mode is run by a single carrier or a number of carriers, but only in accordance with a single contract or Bill of Lading. an individual carrier for an individual trip.
Utilizing several modes of transportation, such as train, ship, and truck, is known as multimodal transportation of products.
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Each of these events occurred as a result of falling real estate prices in 2006 and 2007 EXCEPT that: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices the Federal Funds rate began to rise. the growth rate of the money supply fell. aggregate demand fell. new home construction dropped very quickly.
The exception to the result of falling real estate prices in 2006 and 2007 includes the Federal Funds rate began to rise.
What is the federal funds rate?This refers to the interest rate which the banks charges other while borrowing or lending their excess reserves.
Now, this Federal Funds rate is independently determined by the Federal reserve not by events in the broader economy such as the falling real estate prices.
Therefore, the Option A is correct.
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if an economy is experiencing a cyclical downturn and output does not return to the secular growth trend, the economy is said to be experiencing ______.
If an economy is experiencing a cyclical downturn and output does not return to the secular growth trend, the economy is said to be experiencing structural stagnation.
What is structural stagnation?This stagnation is attached to economies that are matured and it occurs when growth rate do the economy decreases rather than increasing.
The population may be decreasing and yet the country is experiencing stagnation.
Therefore, If an economy is experiencing a cyclical downturn and output does not return to the secular growth trend, the economy is said to be experiencing structural stagnation.
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. A gracious welcome by an employee at the hotel check-in counter is an example of: a. social sustainability. b. predictive analytics. c. a service blueprint. d. a moment of truth.
A moment of truth is exemplified by the cordial greeting given by a staff member at the hotel check-in desk. Hence option D is correct
What does hotel check-in entail?Checking in is the procedure used to register visitors to a hotel. Usually, it happens at the front desk of the hotel. The receptionist verifies the information when the guests are assigned to a hotel room and handed a key or access card. They are brought to their room if they have bags.
At these moments, providing excellent customer service and having kind employee interactions can make an encounter enjoyable otherwise it could damage a customer's trust, which is difficult to mend.
Hence, option D a moment of truth is the correct answer.
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The purpose of __________ is to create real or perceived product differences. Group of answer choices niche marketing product differentiation product mixing target marketing
The purpose of "product differentiation" is to create real or perceived product differences.
What is product differentiation?Product differentiation improves brand loyalty, sales, and growth by differentiating what you sell from what your rivals provide.
The significance of product differentiation-
It creates a competitive advantage and make your product is superior to alternatives on the market.Effective product differentiation highlights the special advantages of your products or services.It helps to narrow down your audience depending on what they prefer and what you offer.You have a differentiated product that offers value to customers when you better match a product's advantages to what your target audience desires than your rivals.It helps to enhance brand loyalty and can achieve higher price points.To know more about the aspects of brand equity, here
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Most single-payment loans are secured by:
Most single-payment loans are secured by collateral.
What is Collateral?Collateral can be explained as money or property that is been used by the one who borrow of a loan as a guarantee that someone will repay.
This can be a personal assets especially for small business loans, hence, Most single-payment loans are secured by collateral.
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If a firm has positive results from market testing, the next step will be the:
If a firm has positive results from market testing, the next step will be the: Product launch.
What is market testing?Market testing is a marketing strategy and can be defined as the way in which companies give out their product so as to receive feedback about the product or to know customer opinion about the product before producing the product in large quantity.
Based on the given scenario the next step if the company receive a positive feedback will be to launch the product.
Therefore the next step will be the: Product launch.
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What is the reason for okazaki fragments being formed during dna replication
The reason for Okazaki fragments being formed during DNA replication is to enable replication of the 3' - 5' (lagging) strand.
What is the Okazaki fragments about?Okazaki fragments is known to be created on the lagging strand and it is used for the synthesis of DNA in direction of 5′ to 3′ in line to the replication fork.
The reason for Okazaki fragments being formed during DNA replication is to enable replication of the 3' - 5' (lagging) strand.
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A corporate financial analyst must calculate the value of an asset which produces year-end annual cash flows of $0 the first year, $2,000 the second year, $3,000 the third year, and $2,500 the fourth year. Assuming a discount rate of 15 percent, what is the value of this asset?.
Based on the year-end annual cash flows and the discount rate, the value of the asset is $4,914.22.
What is the asset's value?The asset value can be found by summing the present values of the cash flows:
= 0/(1 + 15%) + (2,000 / (1 + 15%)² + (3,000 / (1 + 15%)³) + (2,500 / (1 + 15%)⁴)
= 1,512.2873 + 1,972.548697 + 1,429.38311
= $4,914.22
In conclusion, the asset value is $4,914.22.
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