Answer: can see how their actions contribute to the success of the firm.
Explanation:
The balanced scorecard shows the results of the actions that a particular company has already taken. It is used by the managers to track of activities that are to be executed and to also monitor the consequences of the actions that were taken.
The balanced scorecard can be made more effective by developing it at a detail level so that employees can see how their actions contribute to the success of the firm.
Personal-care workers with emotional and social intelligence benefit their clients because _____.
Answer:
Don't know, need points
Explanation:
Answer:
It is because they will be sensitive to clients' needs, wishes, and comfort, even when they are not directly stated
Explanation:
_____, which is the ease with which consumers can sample or use a new product innovation, _____ the diffusion rate.
Answer:
Trialbility; increases
Explanation:
A marketing mix can be defined as the choices based on pricing strategy, product attributes, communication and distribution strategy that a business firm offer to its potential customers and target markets.
Generally, a marketing mix is made up of the four (4) Ps;
1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.
2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.
3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.
4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc
Hence, trialbility which is the ease with which consumers can sample or use a new product innovation, increases the diffusion rate.
This ultimately implies that, when a business firm avails its customers the opportunity to try out their newly introduced or invented products, it increases the rate at which the product will become accepted in the market.
At December 31, DePaul Corporation had the following cumulative temporary differences associated with its operations:
1. Estimated warranty expense, $16 million temporary difference: expense recorded in the year of the sale; tax-deductible when paid (one-year warranty).
2. Depreciation expense, $120 million temporary difference: straight-line in the income statement; MACRS on the tax return.
3. Income from installment sales of properties, $20 million temporary difference: income recorded in the year of the sale; taxable when received equally over the next five years.
4. Rent revenue collected in advance, $24 million temporary difference; taxable in the year collected; recorded as income when the performance obligation is satisfied in the following year.
Required:
Assuming DePaul will show a single noncurrent net amount in its December 31 balance sheet, indicate that amount and whether it is a net deferred tax asset or liability. The tax rate is 25%.
Answer:
$25 million net differed tax liability
Explanation:
The computation is shown below;
Net deferred tax liability is computed as;
= (Taxable temporary difference - Deductible temporary difference) × Tax rate
= ($120 million + $20 million - $16million - $24million ) × 25%
= $100 million × 25%
= $25 million
The above shows the net deferred tax liability of $25million hence same is to be considered.
Perrine Industrial Inc. just paid a dividend of $5 per share. Future dividends are expected to grow at a constant rate of 7% per year. What is the value of the stock if the required return is 16%
Answer:
$59.44
Explanation:
Calculation for What is the value of the stock if the required return is 16%
Value of the stock= (5.00* 1.07) / 16% - 7%
Value of the stock= = 5.35 / .09
Value of the stock= $59.44
Therefore the value of the stock if the required return is 16% is $59.44
How big does the return have to be to put a domestic stock fund in the top for the three-year period (to 2 decimals)
Answer:
20.944%
Explanation:
Complete question is: "The average return for large-cap domestic stock funds over the three years (2009-2011) was 14.8%. Assume the three-year returns were normally distributed across funds with a standard deviation of 4.8%. How big does the return have to be to put a domestic stock fund in the top 10% for the three-year period (to 2 decimals)?"
Top 10% would be 90th percentile.
Z at 0.9 from standard normal table = 1.28
==>> 1.28*4.8% + 14.8%
==>> 6.144% + 14.8%
==>> 20.944%
According to the equation, the return would be 20.944% that have to be to put a domestic stock fund in the top for the three-year period.
How big does the return have?
Given Information:
standard deviation=4.8%average return=14.8%Top 10% would be 90th percentile.
Z at 0.9 from standard normal table = 1.28
Return= 1.28*4.8% + 14.8%
Return=6.144% + 14.8%
Return=20.944%
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Dave gets a job at a grocery store, which pays him an hourly wage in
exchange for his labor. Dave is participating in *
O A. entrepreneurship
O B. human capital.
O C. the product market.
O D. the factor market.
Answer:
D. the factor market
Explanation:
Labor (along with land, capital, and entrepreneurship) is one of the "four factors of production."
Also, Dave isn't starting a business (so he's not an entrepreneur), nor is he in the product market (since he's not making products; just shelving, bagging, and/or scanning them at checkout). I suppose he might be participating in human capital in that he's building up "human capital" (i.e., building up his skills and experience), but I feel like "factor market" is better.
A recent comparison between two surgeons revealed a difference in their average cost per case. Describe three possible reasons for the observed difference and how you would determine whether or not the difference was statistically significant.
Answer and Explanation:
The three possible reasons are as follows:
Variables done under survey:
1. The surgical equipment cost may be change in the case when there is various vendor
2. The type or the method might be different in the case when there is a gap of generation between these two doctors
3, The management may given the various targets via revenue as one could work less in order to compensate
Here the mean variable difference would be tested by two means for each and every case or conduct the ANOVA for 3 variables that delievers the study that should be main and descriptive
A portfolio manager at an investment firm is responsible for handling the account of a particular corporate client. The client want to pay the manager a $100K bonus over and above his regular compensation from the investment firm if the manager achieves an 18% annual return on the account. To comply with the Code and Standards, the manager:A. can accept this offer as long as he discloses the arrangement to his employer and receives permission to accept.B. cannot accept this offer because it will interfere with his independence and ability to be objective regarding investment decisions and recommendations.C. can accept this offer and must disclose the bonus to his employer only if he actually receives it.
Answer:
A portfolio manager at an investment firm is responsible for handling the account of a particular corporate client. The client want to pay the manager a $100K bonus over and above his regular compensation from the investment firm if the manager achieves an 18% annual return on the account. To comply with the Code and Standards, the manager:
B. cannot accept this offer because it will interfere with his independence and ability to be objective regarding investment decisions and recommendations.
Explanation:
According to the Standard I(B) guidance of the CFA Institute, it is the responsibility of members "to maintain independence and objectivity." These include avoiding potential conflicts of interest and other adverse circumstances that can prejudice one's judgment. The standard specifically forbids members from offering, soliciting, or accepting any form of gift, benefit, compensation, or consideration that can compromise their independence and objectivity.
Do you really believe that having a written code of conduct will reduce fraud and other dishonest acts in an organization
Explanation:
Yes, it is necessary to have a written code of conduct so that employees have an instrument that regulates and regularizes fraud situations in the company. The code of conduct is a necessary document so that employees can guide the ideal ethical behavior for a professional, as well as serving as a protection document for those who suffer an unethical act by third parties.
It is necessary, in addition to the written code of conduct, that behaviors be guided and valued when positive, starting with leaders, who must behave based on ethics and respect for employees. Through shared ethics, an organizational culture favorable to the development and motivation of employees is created.
True/False: ABC Corporation is concerned that its employees are spending too much work time talking on the telephone, sending e-mails, and using the internet for personal use. ABC Corporation begins to monitor its employees’ work email. ABC Corp is most likely protected under the law.
Answer: True
Explanation:
ABC Corp. employees’ work email is a service provided by the company for the employees to perform work-related communication and as such is considered the property of ABC Corp. which means that they are well within their rights to monitor these emails with the full protection of the law.
They would be in violation of laws should they begin to monitor personal communication such as private emails.
The given statement is true since the law provides the right to the companies to monitor the activities of their employees within the workplace.
What is law?A law can be defined as a system of rules that are made to govern the activities of the persons on whom it is imposed.
In the given case, the employees can get the privilege of the law that gives them the right to privacy. Under this law, the employer cannot monitor the personal emails and information of the employee even if they are sent from the workplace.
But on the other hand, the law benefits the employer by monitoring the work emails of the employees and taking corrective actions if necessary.
Therefore the statement is true.
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Sanjay has three children and is starting a new company. He is looking down the road to a future time when his children are grown and could take over the business. Given his future wishes, what question is most important for him to consider when establishing his new business
Answer:
what is the best business structure for continuity and transferability
Explanation:
Sanjay is looking towards beginning a new company. His plans are for his children to take over the company when they are adults in the future.
The most important question he has to consider in this establishment, is one whose answer can provide with the best business entity/structure that would still stand in the future and whose ownership can be handed over to his children In the future.
To succeed in today's competitive marketplace, companies need to be customer centered. Each company must divide up the total market, choose the best segments, and design strategies for profitably serving chosen segments. This process involves:
Answer:
market segmentation,
Market targeting, differentiation
Explanation:
It should be noted that To succeed in today's competitive marketplace, companies need to be customer centered. Each company must divide up the total market, choose the best segments, and design strategies for profitably serving chosen segments in a process involving market segmentation,Market targeting, differentiation.
Differentiation in marketing can be regarded as the creation of specialized products which is able to have competitive advantage along with a section of the market.
Market segmentation can be regarded as process involving division of heterogeneous market to relatively more homogenous segments according to particular parameters such as geographic, psychographic as well as demographic.
Market targeting can be regarded as
process involving selection of target market from the whole market. It
encompass groups of buyers that the company is striving to satisfy and set price for.
A legal and binding form of business ownership whereby someone with a good idea for a business sells the rights to use the business name and sell a product or service to others in a given territory is known as a(n)
Answer:
The right approach is "Franchise Agreement".
Explanation:
A franchise agreement would be a legally binding system of management out the structure of the contract between the franchise system as well as its owner. Throughout compensation again for the acquisition of a franchise, this same franchisor generally gets an actual opening service charge as well as a yearly processing fee.Suppose that short-term municipal bonds currently offer yields of 4%, while comparable taxable bonds pay 5%. Which gives you the higher after-tax yield if your tax bracket is 30%
Answer:
30%
Explanation:
The computation of the after tax yield of the taxable bond in the case when the tax bracket is 30%
= rate × (1 - tax rate)
= 5% × (1 - 0.30)
= 5% × 0.70
= 3.50%
As we can see that the short term municipal bond is 4%
So this tax bracket should be chosen as the short term municipal bond gives higher after tax yield
When might you use the Bank Deposit Transaction in Quickbooks Online?
• Your client wants to apply a customer payment to an open invoice
• Your client wants to record an SBA loan amount received
• Your client wants to record sales from her upcoming trade show and provide sales receipts
• Your clients wants to refund a customer
Answer:
• Your client wants to apply a customer payment to an open invoice
Explanation:
• Your client wants to apply a customer payment to an open invoice
Creswell Corporation's fixed monthly expenses are $26,000 and its contribution margin ratio is 60%. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $84,000
Answer:
See below
Explanation:
The company's net operating income would be;
= fixed expenses / Contribution margin ratio
= $26,000/60%
= $43,333
3. Assume you can earn 9% per year on your investments. a. If you invest $100,000 for retirement at age 30, how much will you have 35 years later for retirement? (Answer: $2,041,397) b. If you wait until age 40 to invest the $100,000, how much will you have 25 years later for retirement? (Answer: $862,308) c. Why is the difference so large?
Answer:
Results are below.
Explanation:
Giving the following information:
Interest rate= 9%
To calculate the future value, we need to use the following formula:
FV= PV*(1+i)^n
a)
PV= $100,000
n= 35
i= 0.09
FV= 100,000*(1.09^35)
FV= $2,041,396.79
b)
PV= $100,000
n= 25
i= 0.09
FV= 100,000*(1.09^25)
FV= $862,308.07
There is a big difference between investing at 30 than at 40. It is due to the compounding interest of the first 10 years.
A supplier has offered your company a reduced price per unit for a component part you purchase if you will increase your purchase quantity from to units. Currently, you pay $ per unit. The supplier has offered to reduce this cost to $ per unit if you purchase the higher quantity. You purchase approximately of the units annually. The cost to place an order is estimated to be $ per order regardless of the order size. Transportation costs are estimated to be $ per unit. Your cost to hold a component part in inventory is estimated at % annually based on the cost of the purchased item. Should you continue with your current policy, or should you take the incentive offered by the supplier?
Answer:
the numbers are missing:
A supplier has offered your company a reduced price per unit for a component part you purchase if you will increase your purchase quantity from 18,000 to 72,000 units. Currently, you pay $28.50 per unit. The supplier has offered to reduce this cost to $28.20 per unit if you purchase the higher quantity. You purchase approximately 279,000 of the units annually. The cost to place an order is estimated to be $360 per order regardless of the order size. Transportation costs are estimated to be $0.85 per unit. Your cost to hold a component part in inventory is estimated at 18% annually based on the cost of the purchased item. Should you continue with your current policy, or should you take the incentive offered by the supplier?
currently the total cost = [279,000/18,000 x $360] + (18% x $28.50 x 18,000/2) + (279,000 x $0.85) + ($28.50 x 279,000) = $5,580 + $46,170 + $237,150 + $7,951,500 = $8,240,400
total cost after proposed change in order size = [279,000/72,000 x $360] + (18% x $28.20 x 72,000/2) + (279,000 x $0.85) + ($28.20 x 279,000) = $1,395 + $182,736 + $237,150 + $7,867,800 = $8,289,081
the proposed change in order size should not be accepted and the company should continue with its current policies
Orange Corporation has budgeted sales of 18,000 units, targeted ending finished goods inventory of 4,000 units, and beginning finished goods inventory of 3,000 units. How many units should be produced next year?
Answer:
19,000 units
Explanation:
The applicable formula is the formula for calculating the cost of goods sold.
COGS = beginning inventory+ purchases(production) - ending inventory
COGS will be Budgeted sales = `18,000
Beginning inventory =3,000
Ending inventory =4,000
18,000 = 3,000 + P - 4,000
18,000 = 3,000- 4,000 + P
18,000 = -1000 + P
P= 18,000+1000
P= 19,000
Paige Company estimates that unit sales will be 10,200 in quarter 1, 13,000 in quarter 2, 14,900 in quarter 3, and 18,400 in quarter 4. Management desires to have an ending finished goods inventory equal to 24% of the next quarter’s expected unit sales.
Required:
Prepare a production budget by quarters for the first 6 months of 2017.
Answer:
the answer will be 15%
Explanation:
A manufacturing company prepays its insurance coverage for a three-year period. The premium for the three years is $3,120 and is paid at the beginning of the first year. Ninety percent of the premium applies to manufacturing operations and ten percent applies to selling and administrative activities. What amounts should be considered product and period costs respectively for the first year of coverage
Answer and Explanation:
The computation of the amount of the product and period cost is shown below:
Given that
Total Payment made for Three Years = $3,120
Per Year Payment is
= $3,040 ÷ 3 years
=$1,040
Now
90% of the per year payment is allocated to manufacturing operations
= $1,040 × 90%
= $936
And, 10% is Applied to Selling and Administrative Activities
= $1,040 × 10%
= $104
So, the product and period costs for the first year of coverage are $936 and $104 respectively.
Which is the difference between static storage systems and dynamic storage systems
Answer:
In a static storage area each product is assigned a specific area, whereas in dynamic storage, product locations and fluid and as such are subject to change.
GDP for this economy is _____. rev: 04_09_2018 Multiple Choice $6,400 billion $7,500 billion $9,400 billion $10,470 billion
Answer:
b. $7,500 billion
Explanation:
Note: The complete question is attached as picture below
GDP = C + I + G + X - M
GDP = Consumption + Investment + Government purchases + Exports - Imports
GDP = $5,100 + $1,100 + $1,400 + $850 - $950
GDP = $7,500 billion.
Hence, the GDP for this economy is $7,500 billion.
Because Delta Development Services is the only company that supplies a critical product for clients, customers of Delta are likely to
Answer: put up with poor-quality products
Explanation:
Based on the information given, Delta Development Service is a monopoly that is , the sole provider of a ceetain good.
Because the company is the only provider, such company will charge a high price for its good and also won't try to improve the quality of its product
Because Delta Development Services is the only company that supplies a critical product for clients, customers of Delta are likely to put up with poor-quality products.
Wealth effect. - Multiplier effect. - Crowding out effect. - Autonomous consumption. - Laffer curve. - Automatic stabilizer. - Permanent income. - Closed economy. - Capital deepening. - Rule of 70. A. Explanation of the slope of AD curve. B. Years to double output. C. 1/MPS. D. Long run average level of income. E. Transfer payments. F. Fall in investment due to increase in G. G. Economy without foreign sector. H. Spending without income. I. Increase capital per worker. J. Lower tax rates lead to higher tax revenues.
Answer and Explanation:
The matching is as follows:
Wealth effect = This would give the AD curve slope explanation
Multiplier effect = 1 ÷ MPS
Crowding out effect = Decline in investment because of rise in G.
Autonoumous consumption= Spending without considering income.
Laffer curve = Lesser tax rates that lead to higher tax revenues.
Automatic stabilizer = Transfer payments.
Permanent income= Long run average income level
Closed economy= Economy without considering foreign sector.
Capital deepening = rise in capital per worker.
Rule of 70 = Number of Years to double output.
The airline industry is an example of a(n) ________ industry. A) perfectly competitive B) monopolistic C) monopolistically competitive D) oligopolistic
Answer:
d
Explanation:
An Oligopoly is when there are few large firms operating in an industry. While, a monopoly is when there is only one firm operating in an industry.
Oligopolies are characterised by:
price setting firms
product differentiation
profit maximisation
high barriers to entry or exit of firms . There is a high cost of entry into the airline industry due to the high cost of the business
downward sloping demand curve
If opening capital is ks 70000 and closing capital is ks 90000, what is the amount of profit or loss
Answer:
20,000
Explanation:
The computation of the amount of profit or loss is given below:
As we know that
Closing capital = opening capital + profit or loss - drawings
90,000 = 70,000 + profit or loss - 0
Profit = 90,000 - 70,000
= 20,000
Hence, the amount of profit is 20,000
Swifty Corporation had 296000 shares of common stock issued and outstanding at December 31, 2020. During 2021, no additional common stock was issued. On January 1, 2021, Swifty issued 408000 shares of nonconvertible preferred stock. During 2021, Swifty declared and paid $170000 cash dividends on the common stock and $158000 on the nonconvertible preferred stock. Net income for the year ended December 31, 2021, was $957000. What should be Swifty's 2021 earnings per common share, rounded to the nearest penny
Answer:
2.70
Explanation:
Calculation for What should be Swifty's 2021 earnings per common share, rounded to the nearest penny
Earnings per common share=($957,000 - $158,000)/296,000
Earnings per common share=$799,000/296,000
Earnings per common share= 2.70
Therefore What should be Swifty's 2021 earnings per common share, rounded to the nearest penny is 2.70
Castille sold 35 shares of stock for $47.50 a share. She bought the stock for $51 a share
last year. What was her dollar return (loss), not counting the commission?
$_____loss
Answer:
$122.50
Explanation:
The loss will be selling price minus buying price
Loss = (35 x $47.50) - ($35 x 51)
Loss = $1,662.50 - $1,785.00
Loss = -$122.50
Loss = $122.50
g True or False and then Explain: Firm profits are always higher if the firm can engage in third degree price discrimination than if it has to charge different groups the same price.
Answer:
true
Explanation:
Price discrimination is when the same product is sold at different prices to customers in different markets
types of price discrimination
1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.
2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.
3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students
If a company charges different prices to different groups, they would be charging at prices customers would be willing to pay
