The new chairman of the Ionian Central Bank (ICB) is preparing for her first board meeting. She is expected to recommend a monetary policy for the board to pursue. She decides to use the Taylor rule, which was originally developed for the U.S. Federal Reserve. Ionia's potential GDP is 100 million drachma, but current GDP is 96 million . What is Ionia's output gap

Answers

Answer 1

By using the Taylor rule used the U.S. Federal Reserve, the Output gap for Ionian Central Bank will equal -4%.

Output gap helps to measure the difference between the actual output of an economy and its potential output.

The formula to use to derive Ionia's Output gap is {[Current GDP - Potential GDP} / 100}}

Ionia's Output gap = (96 - 100)/100

Ionia's Output gap = -4 / 100

Ionia's Output gap = -4%

Therefore, by using the Taylor rule used the U.S. Federal Reserve, the Output gap for Ionian Central Bank will equal -4%.

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Related Questions

Listed below are selected transactions completed by Ridge Company during March of the current year.
Mar. 5
10
13
15
Rendered services on account to Quinton Co., Invoice No. 92, $3,250.
Rendered services on account to Martin Inc., Invoice No. 93, $4,500.
Received $5,000 in payment of monthly rent, which was due on March 1.
Received payment from Quinton Co. for invoice of March 5.
Received payment from Martin Inc. for balance due on invoice of March 10.
Received amount due from Thomas Co. on sale made in February, $5,200.
Recorded cash from services rendered for cash during the month, $15,750.
19
20
31
a. Record the transactions (including the invoice number), using the accompanying revenue journal and cash receipts journal.
b. Total and rule the revenue and cash receipts journals.
1. For individual items and totals to be posted to the subsidiary ledger or not to be posted, select "Yes" in the Post. Ref. column or below
the totals.
2. For individual items and totals to be posted to the general ledger, select the letter "G" (as a substitute for specific account numbers)
in the Post. Ref. column or below the totals.
If an amount box does not require an entry, leave it blank.
Page: 10
ACCTS. REC. DR.
EES EARNED CR.
POST
REF.
DATE
ACCOUNT DEBITED
INVOICE NO.

Answers

Answer:19

Explanation:

Wrinkles Away Inc. is entering a foreign market and is spending significant funds on educating customers about their line of wrinkle-reducing skincare products. These costs are an example of _____ costs.

Answers

The costs that Wrinkles away is spending to educate customers is what is referred to as the pioneering costs.

The pioneering costs are those costs that come up due to the fact that the foreign business is way different from what works in the home market.

As a result of this, the business firm has to spend quite an amount of its financial, time and effort resources to learn more about the market.

The business has to send its money to educate the users on the product that they have in the market.

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Select the BEST answer choice.

Read the following scenario and identify the way in which the government is demonstrating economic involvement. Sam's Super Healthy Candy is going out of business after the government severely fined the company for failing to inform consumers about the added sugar in the company's products.

Group of answer choices

Maintains competition

Produces goods and services

Provides welfare services

Manages regulatory programs

Answers

Government can demonstrate its economic involvement by d. manages regulatory programs.

According to the regulation on consumer services, Sam's Super Healthy Candy must inform consumers about the added sugar in its products. For failing to do this, the government severely fined the company. In this way, the government shows that it is involved in the economy through its regulatory activities.

The government does not show its economic involvement by only maintaining competition, producing goods and services, or providing welfare services.

Thus, the government demonstrates its economic involvement by regulating the activities of commercial entities.

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The nature of intellectual property laws and how they are enforced is one aspect of a country's _____.

Answers

The aspect of a country making some changes to its intellectual property laws and how they are enforced is based on the:

B. Regulatory practices  

According to the given question, we are asked to state the aspect of a country making some changes to its intellectual property laws and how they are enforced,

As a result of this, we can see that regulatory practices are those things which a country or an organisation does so that some aspects of its functioning system is controlled. With this in mind, we can see that adjusting property laws is an example of a regulatory practise.

Therefore, the correct answer is option C

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Eric Patterson earns $82,000 a year. His monthly expenses total $5,400. What is the minimum amount of money that he should set aside in an emergency fund

Answers

Based on the amount earned and the monthly expenses, Eric should set aside $16,200 for an emergency fund.

It is generally recommended that when settling cash aside for an emergency fund, the amount that one sets aside be 3 times their monthly expenses.

Eric's monthly expenses are $5,400 so the amount to be set aside should be:

= 5,400 x 3

= $16,200

In conclusion, Eric should set aside $16,200 for the emergency fund.

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Why are professional associations interested in keeping professional standards high?
A few dishonest professionals can hurt the entire profession.
B. They can charge more for higher standards.
C. Professional associations get paid based on customer reviews.
D. Professional associations are forced by law to keep standards high.

Answers

Answer:

A few dishonest professionals can hurt the entire profession.

The process of exchange of goods or services from sellers to buyers is referred to as:
A supply B. market C demand D. production​

Answers

Answer:

Marketing

Explanation:

Hope this helps!

The increased demand for hair and skin care products with Argan oil illustrates how new product ideas can come from unexpected sources.

Answers

It is true that the increased demand for the products made with Argan oil shows how new product ideas can come from unexpected sources.

Basically, the Argan oil is derived from the kernels of argan tree.

Different brainstorm of new idea of product by beauty and skin care lead to the invention of use of the Kernel for extraction of the Argan OIl.

It is very fortunate that the organic product seems likable by consumers, thus, leading to increased demand for product made from the Argan OIl.

Therefore, in conclusion, it true that the increased demand for the products made with Argan oil shows how new product ideas can come from unexpected sources.

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PLEASE I NEED HELP!
Correct answers only and no links please:)

Explain the term 'Social enterprise'. State the differences between the objectives of Social enterprises and Business enterprises

Answers

Answer:

Social entrepreneurs seek innovative ways and operate to drive change, whereas social enterprises form to fulfill a business purpose and solve societal needs through their commercial activities.

Select Service Partner (SSP) Group has operations in 30 countries involving food and beverage establishments, often in transit hubs such as airports and railway stations. SSP also operates Starbucks locations in airports in Finland, Sweden, and Norway. SSP pays Starbucks a royalty based on sales, as well as a fee for each store. In these instances, Starbucks is engaged in ____________.

Answers

In this situation, Starbucks is engaged in franchising.

Franchising is a business model or method that involves:

A big company allowing individual business owners to sell the products of the big company.Individual business owners must only sell the products of the company and use its brand and trademark.Individual business owners need to pay a fee to the company or give a percentage of the revenue.

A good example of franchising is the situation of Starbucks previously described. This is because:

Starbucks is allowing Select Service Partner to sell its products, use its brand, etc.In exchange Select Service Partner must pay a fee and give Starbucks a royalty based on sales.

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On Apr. 1, you, the business owner donated the following assets to Eat Your Life Away: cash,
$20,000; accounts receivable, $14,700; food supplies, $3,300; and Kitchen Utensils, $12,000.
There were no liabilities received. On the same day, you paid three months’ rent on a lease rental
contract, $6,000. The following day, you paid the premiums on property and casualty insurance
policies, $4,200.
On April 4, you received $9,400 cash from BTL who had contracted you to supply food for its
50 employees for the month of April. As a result of this BTL contract, you purchased on the
following day additional restaurant office equipment on account from Angelus Press for $8,000.
On April 6, you received $11,700 cash from customers who were owing you from Stann Creek
on account. Because of the competition in the City amongst restaurant owners, on April 10, you
paid Amandala Newspapers $350 cash for a newspaper advertisement to announce your presence
in the city. On April 12, having received the money from your debtors in Stann Creek, you
decided to pay Angelus Press $6,400 for part of the debt incurred on April 5. On the same day,
you provided food worth $21,900 to a major political party having a convention on account for
the period April 1–12. Because of the bi-monthly payment agreement with your cook, you paid
her salary for two weeks of $1,650.
On April 17, you received cash from cash customers for foods sold during the period April 1–16,
$6,600 and you paid cash for food supplies, $725 the following day. Having established that the
political party is trustworthy, you provided additional foods on account for another rally held at
the Bliss Center for the period April 13–20, $16,800.
On April 24, you received cash from cash customers for food sold for the period April 17–24,
$4,450. On April 26, you received cash from the political party who bought food on account,
$26,500. Being another two-weeks period, you paid your cook’s two weeks’ salary of $1,650 on
April 27. You paid your telephone bill of $540 for the month of April on April 29 and BEL bill
of $760 the following day.
On the last day of the month, you received cash of $5,160 from cash customers for food sold for
the period April 25–30, supplied food on account to BTL & Digicel staff on account for the
remainder of April, $2,590. Because you had to pay for personal expenses, you withdrew
$18,000 for personal use.
Instructions
The Belize Income Tax Department wishes to conduct an audit of small businesses in Belize
and “Eat Your Life Away” was selected as one of the businesses the Tax Department
wishes to audit. Hence, it wants you to provide the following:
1. All the journal entries that you made during the month using a two-column journal and would
like you to use the following charts of accounts:
Cash Capital Accounts Receivable
Drawing Food Supplies Sales Revenue
Prepaid Rent Salary Expense Prepaid Insurance
Food Supplies Expense Kitchen Utensils Rent Expense
Accumulated Depreciation-Kitchen Utensils Depreciation Expense
Accounts Payable Insurance Expense Salaries Payable
Miscellaneous Expense Unearned Revenues
2. Post the journal to a ledger accounts.
3. Prepare an unadjusted trial balance.

Answers

Eat Your Life Away will prepare the following journal entries, post them to the ledger, and extract an unadjusted trial balance as follows:

1. Journal Entries:

Apr. 1 Debit Cash $20,000

Debit Accounts receivable $14,700

Debit Food supplies $3,300

Debit Kitchen Utensils $12,000

Credit Capital $50,000

Apr. 2 Debit Prepaid Rent $6,000

Credit Cash $6,000

Apr. 3 Debit Prepaid Insurance $4,200

Credit Cash $4,200

Apr. 4 Debit Cash $9,400

Credit Unearned Revenue $9,400

Apr. 5 Debit Kitchen Utensils $8,000

Credit Accounts Payable $8,000

Apr. 6 Debit Cash $11,700

Credit Accounts receivable $11,700

Apr. 10 Debit Advertising Expense $350

Credit Cash $350

Apr. 12 Debit Accounts Payable $6,400

Credit Cash $6,400

Apr. 12 Debit Accounts Receivable $21,900

Credit Sales Revenue $21,900

Apr. 12 Debit Salary Expense $1,650

Credit Cash $1,650

Apr. 17 Debit Cash $6,600

Credit Sales Revenue $6,600

Apr. 18 Debit Food Supplies $725

Credit Cash $725

Apr. 20 Debit Accounts Receivable $16,800

Credit Sales Revenue $16,800

Apr. 24 Debit Cash $4,450

Credit Sales Revenue $4,450

Apr. 26 Debit Cash $26,500

Credit Accounts Receivable $26,500

Apr. 27 Debit Salary Expense $1,650

Credit Cash $1,650

Apr. 28 Debit Miscellaneous Expense $540

Credit Cash $540

Apr. 29 Debit Miscellaneous Expense $760

Credit Cash $760

Apr. 30 Debit Cash $5,160

Credit Sales Revenue $5,160

Apr. 30 Debit Unearned Revenue $2,590

Credit Sales Revenue $2,590

Apr. 30 Debit Drawings $18,000

Credit Cash $18,000

2. Ledgers Accounts:

Cash

Date   Account Titles               Debit       Credit

Apr. 1 Capital                        $20,000

Apr. 2 Prepaid Rent                              $6,000

Apr. 3 Prepaid Insurance                     $4,200

Apr. 4 Unearned Revenue   $9,400

Apr. 6 Accounts receivable $11,700

Apr. 10 Advertising Expense                  $350

Apr. 12 Accounts Payable                   $6,400

Apr. 12 Salary Expense                        $1,650

Apr. 17 Sales Revenue         $6,600

Apr. 18 Food Supplies                            $725

Apr. 24 Sales Revenue       $4,450

Apr. 26 Accounts Receiv. $26,500

Apr. 27 Salary Expense                       $1,650

Apr. 28 Miscellaneous Expense           $540

Apr. 29 Miscellaneous Expense           $760

Apr. 30 Sales Revenue       $5,160

Apr. 30 Drawings                              $18,000

Apr. 30 Balance                                $43,535

Totals                                $83,810    $83,810

Capital

Date   Account Titles        Debit       Credit

Apr. 1 Cash                                       $20,000

Apr. 1 Accounts receivable              $14,700

Apr. 1 Food supplies                          $3,300

Apr. 1 Kitchen Utensils                     $12,000

Apr. 30 Balance              $50,000

Totals                               $50,000 $50,000

Accounts Payable

Date   Account Titles        Debit       Credit

Apr. 5 Kitchen Utensils                   $8,000

Apr. 12 Cash                       $6,400

Apr. 30 Balance                  $1,600

Totals                                  $8,000 $8,000

Accounts Receivable

Date   Account Titles        Debit       Credit

Apr. 1 Capital                    $14,700

Apr. 6 Cash                                       $11,700

Apr. 12 Sales Revenue   $21,900

Apr. 20 Sales Revenue  $16,800

Apr. 26 Cash                                   $26,500

Apr. 30 Balance                               $15,200

Totals                             $53,400   $53,400

Drawing

Date   Account Titles      Debit       Credit

Apr. 30 Cash                $18,000

Food Supplies

Date   Account Titles        Debit       Credit

Apr. 1 Capital                 $3,300

Apr. 18 Cash                     $725

Apr. 30 Balance                         $4,025

Totals                            $4,025 $4,025

Sales Revenue

Date   Account Titles      Debit       Credit

Apr. 12 Accounts Receivable         $21,900

Apr. 17 Cash                                     $6,600

Apr. 20 Accounts Receivable       $16,800

Apr. 24 Cash                                   $4,450

Apr. 30 Cash                                    $5,160

Apr. 30 Unearned Revenue          $2,590

Apr. 30  Balance      $57,500

Totals                        $57,500     $57,500

Prepaid Rent

Date   Account Titles     Debit       Credit

Apr. 2 Cash                   $6,000

Salary Expense

Date   Account Titles     Debit       Credit

Apr. 12 Cash                   $1,650

Apr. 27 Cash                 $1,650

Apr. 30  Balance                        $3,300

Totals                        $3,300     $3,300

Prepaid Insurance

Date   Account Titles  Debit       Credit

Apr. 3 Cash                $4,200

Kitchen Utensils

Date   Account Titles        Debit       Credit

Apr. 1 Capital                   $12,000

Apr. 5 Accounts Payable $8,000

Apr. 30 Balance                                  $20,000

Totals                              $20,000      $20,000

Miscellaneous Expense

Date   Account Titles        Debit       Credit

Apr. 10 Cash                        $350

Apr. 28 Cash                       $540

Apr. 29 Cash                       $760

Apr. 30 Balance                                    $1,650

Totals                                $1,650         $1,650

Unearned Revenues

Date   Account Titles        Debit       Credit

Apr. 4 Cash                                          $9,400

Apr. 30 Sales Revenue  $2,590

Apr. 30 Balance               $6,810

Totals                              $9,400         $9,400

3. Eat Your Life Away

Unadjusted Trial Balance

As of April 30,

Date   Account Titles        Debit       Credit

Cash                                 $43,535

Capital                                              $50,000

Accounts Payable                                 1,600

Accounts Receivable        15,200

Drawings                           18,000

Food Supplies                    4,025

Sales Revenue                                 $57,500

Prepaid Rent                     6,000

Salary Expense                 3,300

Prepaid Insurance            4,200

Kitchen Utensils             20,000

Miscellaneous Expense   1,650

Unearned Revenue                            $6,810

Totals                          $115,910      $115,910

See the attachment for Data Analysis of Transactions.

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Most retirees spend roughly half of their budget
on
A.living expenses
B. New hobbies
C.travel
D.children and grandchildren

Answers

Answer:

A.Living expenses.

Explanation:

wag mag mura kung mali

Answer:

a

Explanation:

living expenses

While screening and evaluating ideas, a stop-to-market mistake happens when ________. Multiple Choice

Answers

While screening and evaluating ideas, a stop-to-market mistake usually occur as result of : good idea  been eliminated during the screening process.

Stop-to-market mistake serves as marketing mistake that cam be made which can affect revenue that a firm suppose to get.

At the screening and evaluating ideas stage, if careful decision are not made a good ideal can be eliminated which can affect the whole plan.

Therefore, good decision has to be made when

screening and evaluating ideas.

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An investor holding a short position in a maturing futures contract may:

Answers

Answer:

Take delivery of the underlying asset from the holder of the long position.

Discussion Questions
15-1. This chapter discusses four important issues
that will shape compensation professionals?
work for years to come. Which one of these
issues stands to create the greatest uncertainty
for compensation professionals? Explain
your answer.

Answers

The question is about the Compensation of professionals and its issues.

The most important issue out of the four discussed is the workforce diversity, this creates a great uncertainty in compensating the professionals.

Diversity in professionals create an environment where a group of people are working more and hard while the other group of people does not work much hours but still the compensation is on a similar level and sometimes when this compensation is varied with the group it is highly regarded as the inequality.

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Calculate the present value of an asset worth $2,000 four years from now if the interest rate is 6 percent. Multiple Choice $2,480 $2,524.95 $1,520

Answers

The present value of the asset worth $2,000 four years from now is $1,584.19.

The formula for the present value is F*(1 + r)^-n

Given information

Future value = 2000

r = 6%

n = 4%

Present value = $2000*(1+6%)^-4

Present value = $2000*0.792094

Present value = $1584.187

Present value = $1,584.19

Hence, the present value of the asset worth $2,000 four years from now is $1,584.19.

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Identify and describe four factors that will cause a demand curve for gasoline to shift to the left or decline. What will the likely effect on prices

Answers

Answer:

four factors that could potentially cause a leftward shift in the demand curve for gasoline include

higher prices in gasoline

substitutes for gasoline available at lower prices

substitutes for complementary products (such as electric vehicles) being available at lower prices

changes in consumer income or purchasing power

Explanation:

higher gas prices will have a negative impact on consumer purchasing power, resulting in a decline in demand for the product

substitutes for gasoline, such as diesel or natural gas, at lower prices will cause demand for said substitutes to increase, resulting in a decline in demand for gasoline

complementary products to gasoline are gas-powered vehicles. when demand in a complementary product decreases, so will the demand in the initial product--in this case, gasoline

when consumer income declines, consumer purchasing power declines; this results in a decline in demand for products, such as gasoline

How does directing build group dynamics?

Answers

Answer:

6 STRATEGIES FOR MANAGING AND IMPROVING TEAM DYNAMICS

1. Conduct a diagnosis and get to know your team

Conduct a diagnosis of what is going wrong in your team by doing a team health check. Observe your team at work and conduct individual interviews in a private, safe and confidential space. Talk to other relevant people, such as customers and line managers, to find out as much as you can about your team’s problems.

2. Address problems quickly

3. Create a team charter

4. Enhance team culture

5. Build communication

6. Always pay attention

What are team dynamics?

A team can be defined as two or more people working together to interdependently to meet a specific goal or purpose. Outside of this, a team can be for the long term or come together for a few hours. Group dynamics can be understood as how team member’s distinct roles and behaviours impact other group members and the group as a whole. Team dynamics are therefore the unconscious, psychological factors that influence the direction of a team’s behaviour and performance.

What do positive group dynamics look like?

A team with positive group dynamics tend to have team members who trust each other. They can work towards collective decisions and they are held accountable for outcomes. A team with good group dynamics may be constructive and productive, and it may demonstrate mutual understanding and self-corrective behaviour. On the other hand, poor group dynamics can be disruptive for successful decision making and work outcomes.

Group dynamics matter because they impact things like creativity, productivity and effectiveness. Since group work is integral to organisations, for business leaders, addressing group dynamics can lead to better work outcomes, customer satisfaction and an improved bottom line.

 

Multiple-choice help me, pls.
16) If the supply of iPads increases, then
i. the supply curve for iPads has shifted rightward.
ii. the price of iPads has decreased.
iii. there will be a movement upward along the iPad supply curve.
A) i only
B) i, ii and iii
C) i and ii
D) ii and iii
E) i and iii

30) Which of the following statements is correct?
A) Consumer surplus equals the price paid for a good.
B) The consumer surplus from a good is always larger than the total benefit from the good.
C) An increase in price decreases consumer surplus.
D) An increase in price has no effect on consumer surplus.
E) The consumer surplus from a good or service must always equal producer surplus.
Answer:
33) A firm's marginal revenue is
A) the change in total revenue that results from a one-unit increase in the quantity sold.
B) total revenue minus total cost.
C) the change in total revenue minus the change in total cost.
D) the change in total revenue that results from an increase in the demand for the good or service.
E) less than the market price for a perfectly competitive firm.
Answer:

34) Suppose a perfectly competitive firm's minimum average variable cost is $3 when it produces 50. If the price is $2 and the firm's marginal cost is $2, the firm should
A) continue to produce, but produce more than 50.
B) continue to produce 50.
C) continue to produce, but produce less than 50.
D) shut down.
E) continue to operate, but to determine the amount of production needs more information than is given.
Answer:
42) Discretionary fiscal policy is a fiscal policy action, such as
A) an interest rate cut, initiated by an act of Congress.
B) an increase in payments to the unemployed, initiated by the state of the economy.
C) a tax cut, initiated by an act of Congress.
D) a decrease in tax receipts, initiated by the state of the economy.
E) an increase in the quantity of money.
Answer:

43) The magnitude of the government expenditure multiplier is ________ the magnitude of the tax multiplier.
A) greater than
B) equal to
C) less than
D) not comparable to
E) greater than for expansionary policy and less than for contractionary policy
Answer:

44) An increase in government expenditure can ________ potential GDP and an increase in taxes can ________ potential GDP.
A) increase; increase
B) increase; never change
C) decrease; decrease
D) never change; never change
E) increase; decrease
Answer:
45) When the Fed increases the federal funds rate,
A) there is no effect on investment because investment depends on the real interest rate.
B) the real interest rate falls, and investment increases.
C) the real interest rate rises, and investment decreases.
D) the real interest rate is unaffected, but investment still decreases.
E) the real interest rate rises, and investment does not change.
Answer:

46) The Fed raises the federal funds rate. Which of the following changes occurs most rapidly?
A) Exchange rate rises.
B) Consumption expenditure decreases.
C) Aggregate demand decreases.
D) Real GDP growth decreases.
E) Inflation rate decreases.
Answer:

47) If the Fed increases the quantity of money and lowers the federal funds rate, real GDP ________ and the price level ________.
A) increases; increases
B) increases; decreases
C) decreases; increases
D) decreases; decreases
E) increases; does not change
Answer:

48) Raising the federal funds rate shifts the aggregate demand curve ________ so that real GDP ________ and the price level ________.
A) rightward; increases; rises
B) leftward; decreases; rises
C) rightward; increases; falls
D) leftward; decreases; falls
E) leftward; increases; rises
Answer:

Answers

16. D
30. C
33. A
34. D

Hudson Company reports the following contribution margin income statement.


HUDSON COMPANY
Contribution Margin Income Statement
For Year Ended December 31
Sales (10,000 units at $300 each) $ 3,000,000
Variable costs (10,000 units at $240 each) 2,400,000
Contribution margin 600,000
Fixed costs 420,000
Income $ 180,000
1. Compute break-even point in units.
2. Compute break-even point in sales dollars.

Answers

Hudson Company's break-even point in units and sales dollars = 7,000 units and $2,100,000, respectively.

Data and Calculations:

HUDSON COMPANY

Contribution Margin Income Statement

For Year Ended December 31                          Total          Per Unit

Sales (10,000 units at $300 each) =          $ 3,000,000     $300 (as given)

Variable costs (10,000 units at $240 each) 2,400,000     $240 ($2.4 m /10,000)

Contribution margin                                         600,000       $60 ($300 - $240)

Fixed costs                                                       420,000

Income                                                           $ 180,000

Contribution margin ratio = 20% ($60/$300 x 100)

1. Break-even point in units = Fixed costs/Contribution margin per unit

= $420,000/$60

= 7,000 units

2. Break-even point in sales dollars = Fixed costs/Contribution margin ratio

= $420,000/20%

= $2,100,000

Thus, the break-even point in units and sales dollars = 7,000 units and $2,100,000, respectively.

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Read each transaction and identify the appropriate journal that it should be recorded in:
1. Owner withdrew supplies
2. Sale made on account
3. Payment to vendor on account
4. Payment received from customer on account
5. Purchases on account
6. Adjusting journal entry for supplies used
7. Owner withdrew cash
8. Company borrows money from bank
9. Record monthly depreciation
10. Close revenue accounts at month's end

Answers

Answer:5

Explanation:

An investment of $2,000 pays interest of 1.5% per month. What will be the value of this investment at the end of 3 years

Answers

Answer:

2122.502

Explanation:

you first multiply the interest rate with the amount and then take the you got add it with the amount to get the final answer

The Omega Corporation has some excess cash it would like to invest in marketable securities for a long-term hold. Its Vice-President of Finance is considering three investments: (a) Treasury bonds at a 11 percent yield; (b) corporate bonds at a 14 percent yield; or (c) preferred stock at an 12 percent yield. Omega Corporation is in a 40 percent tax bracket and the tax rate on dividends is 10 percent.

Required:
a. Compute the after-tax yields for the three investment options. (Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places.)
b. Which one of the three investments should she select based on the after-tax yields?

Answers

Answer:1

Explanation:

he balance sheet for Crutcher Corporation reported 220,000 shares outstanding, 320,000 shares authorized, and 22,000 shares in treasury stock. Compute the maximum number of new shares that Crutcher could issue.

Answers

Based on the information given the maximum number of new shares that Crutcher could issue is 78,000 shares.

First step is to calculate Issued share using this formula

Issues shares=Outstanding shares + Treasury stock shares

Let p[lug in the formula

Total authorized shares=220,000+22,000

Total authorized shares=242,000 shares

Second step is to calculate the maximum number of new shares using this formula

Maximum number of new shares =Authorized shares- Issued shares

Let plug in the formula

Maximum number of new shares=320,000-242,000

Maximum number of new shares =78,000 shares

Inconclusion the maximum number of new shares that Crutcher could issue is 78,000 shares.

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Lolita’s team meets every Tuesday morning. Lolita always brings doughnuts to these meetings, and she always starts the meeting by asking who’s had a big success that week, which encourages participation. Lolita’s habitual actions were developed during the ____________________ stage of team development.

a. storming
b. preforming
c. forming
d. norming

Answers

Answer:

d. norming

Explanation:

Lolita’s team meets every Tuesday morning. Lolita always brings doughnuts to these meetings, and she always starts the meeting by asking who’s had a big success that week, which encourages participation. Lolita’s habitual actions were developed during the _______norming______ stage of team development.

Answer:

Lolita's habitual actions were developed during the norming stage of team development.

Explanation:

d. norming

what are the effects of business on environment? List them. ​

Answers

Answer:

The four main environmental issues that are most likely to influence the activities of a business are climate change, pollution, sustainability and waste reduction.

Explanation:

Kansas Pizza Pantry opened its first restaurant in Lawrence, Kansas in 1985. Almost immediately after the first location opened, it expanded from Kansas Pizza Pantry to more than 250 locations in more than 30 states and 11 countries. Kansas Pizza Pantry completed an initial public offering in August 2000. Several years ago, Silver Capital completed the acquisition of Kansas Pizza Pantry and, as a result of the acquisition, the company's common stock is no longer publicly traded.
KANSAS PIZZA PANTRY, INC., AND SUBSIDIARIES
Consolidated Statements of Operations
(amounts in thousands, except for per share data)
Year 3 Year 2 Year 1
Revenues:
Restaurant sales $ 633,106 $ 652,685 $ 665,616
Royalties from licensing agreement 6,722 8,239 6,580
Domestic franchise revenues 4,200 2,934 2,757
International franchise revenues 3,153 2,178 2,121
Total revenues 647,181 666,036 677,074
Costs and expenses:
Food, beverage and paper supplies 149,732 155,181 165,526
Labor 237,383 247,850 247,276
Direct operating and occupancy 142,920 142,473 140,367
Cost of sales 530,035 545,504 553,169
General and administrative 50,831 51,041 51,642
Depreciation and amortization 37,156 40,331 40,299
Pre-opening costs 3,369 1,893 4,478
Loss on impairment of property and equipment 18,952 23,441 13,336
Store closure costs 1,758 564 1,033
Litigation, settlement and other costs 8,909 1,659 736
Total costs and expenses 651,010 664,433 664,693
Operating (loss)/income (6,279 ) 3,303 12,381
Interest expense, net (26 ) (783) (1,324)
(Loss)/income before income tax (benefit)/provision (6,305 ) 2,520 11,057
Income tax (benefit)/provision (5,239 ) (2,141) 2,395
Net (loss)/income $ (1,066 ) $ 4,661 $ 8,662
Net (loss)/income per common share:
Basic $ (0.07 ) $ 0.19 $ 0.34
Diluted $ (0.07 ) $ 0.19 $ 0.34
Weighted average shares used in calculating net (loss)/income per common share:
Basic 24,738 24,564 25,193
Diluted 24,738 24,393 25,211
KANSAS PIZZA PANTRY, INC., AND SUBSIDIARIES
Consolidated Balance Sheets
(in thousands, except for share data)
Year 3 Year 2
Assets
Current assets:
Cash and cash equivalents $ 14,465 $ 23,724
Other receivables 12,844 13,041
Inventories 6,427 6,557
Current deferred tax asset, net 8,675 7,576
Prepaid rent 306 5,957
Other prepaid expenses 2,818 2,281
Total current assets 45,535 59,136
Property and equipment, net 242,446 256,416
Noncurrent deferred tax asset, net 22,601 25,511
Goodwill 4,722 4,872
Other intangibles, net 5,087 4,964
Other assets 8,813 7,409
Total assets $ 329,204 $ 358,308
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable $ 17,675 $ 11,763
Accrued compensation and benefits 23,923 23,701
Accrued rent 21,174 20,287
Deferred rent credits 4,358 4,245
Other accrued liabilities 14,190 11,915
Gift card liability 14,877 21,140
Store closure reserve 79 351
Total current liabilities 96,276 93,402
Long-term debt --- 22,800
Other liabilities 9,986 8,728
Deferred rent credits, net of current portion 33,677 32,978
Income taxes payable, net of current portion 329 10,125
Commitments and contingencies - -
Stockholders’ equity:
Common stock—$0.01 par value, 80,050,000 shares
authorized, 27,100,000 and 26,700,000 shares issued and outstanding at end of Year 3, and Year 2, respectively 271 267
Additional paid-in capital 174,563 174,500
Retained earnings 14,102 15,508
Total stockholders’ equity 188,936 190,275
Total liabilities and stockholders’ equity $ 329,204 $ 358,308
Required:
Compute the following ratios for Year 3 using information from the company annual report that was issued before Kansas Pizza Pantry was acquired. Assume a market price per share of $1.26.(Round your answers to 2 decimal places. Enter percentage answers rounded to 2 decimal places (i.e. 0.1234 should be entered as 12.34). Negative amounts should be indicated by a minus sign.)
Ratios are: Return on equity, Net profit margin, Inventory turnover, Current ratio, Quick Ratio, Debt-to equity ratio, Price/earnings ratio.

Answers

The financial ratios for Kansas Pizza Pantry are computed as follows:

1. Return on Equity = Net loss/Stockholders' Equity x 100

= $(1,066)/$188,936 x 100

= -0.56%

2. Net Profit Margin = Net loss/Total revenue x 100

= $(1,066)/$647,181 x 100

= -0.16%

3. Inventory Turnover = Cost of goods sold/Average  Inventory

= $530,035/$6,492

= 81.6 times

4. Current Ratio = Current assets/Current liabilities

=  $45,535/$96,276

= 0.47

5. Quick Ratio = Current assets - Inventories/Current liabilities

= $45,535 - $6,427/$96,276

= 0.41

6. Debt-to-Equity Ratio = Total Debts/Total Equity

= $140,268/$188,936

= 74%

7. Price/Earnings Ratio = $1.26/$(0.07)

= -18 times

Data and Calculations:

Total revenues = $647,181

Cost of sales = $530,035

Net (loss)/income = $(1,066)

Basic EPS = $ (0.07)

Total current assets = $45,535

Total current liabilities = $96,276

Total liabilities and stockholders’ equity = $329,204

Total stockholders’ equity = $188,936

Total liabilities = $140,268 ($329,204 - $188,936)

Less current liabilities = $96,276

Long-term liabilities = $43,992 ($140,268 - $96,276)

Average Inventories = $6,492 ($6,427 + $6,557)/2

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When using the effective-interest method of bond amortization, Interest Expense ______ each payment if the bonds were issued at a discount.

Answers

When the effective-interest method of bond amortization is used, the Interest Expense exceeds each payment if the bonds were issued at a discount.

In short, the Interest Expense is based on the bond's proceeds, which are always below the face value of the bonds when issued at a discount.

Thus, the interest expense is calculated using the effective interest rate on the bond's proceeds.

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Answer:

increases

Explanation:

This diagram represents __________________ communications.

a. diagonal
b. upward
c. downward
d, horizontal

Which of the following are examples of this type of communication?
Check all that apply.

- A team of doctors, nurses, technicians, and managers get together at Highland Hospital to discuss ways to save money. They agree to swap a lab kit that costs $96.50 for one that costs $0.29.
- The CEO of Nokia, Stephen Elop, meets with 2,000 employees to tell them why he is recommending that they abandon Nokia software to use less popular software from Microsoft.
- Cargill’s director of high-intensity sweeteners, Zanna McFerson, tells her boss, Marcelo Montero, the president of Cargill’s Health and Nutrition division, that a glycoside called Rebiana can be used to create a new artificial sweetener to be called Truvia.
- Hewlett-Packard CEO Meg Whitman announces to employees that HP will cut its workforce by up to 30,000 people.

Answers

The information in this question represents a downward type of communication in an organization.

Examples of this type of communication from the question are:

The CEO of Nokia, Stephen Elop, meets with 2,000 employees to tell them why he is recommending that they abandon Nokia software to use less popular software from Microsoft.Hewlett-Packard CEO Meg Whitman announces to employees that HP will cut its workforce by up to 30,000 people.

This is a downward type of communication given the fact that information flows from the head of the organization to the employees that are at the lower level.

The red arrow in the diagram shows us that information is being passed down from the CEO to the employees in the organization.

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Answer:

This diagram represents upward communications.

✘ A team of doctors, nurses, technicians, and managers get together at Highland Hospital to discuss ways to save money. They agree to swap a lab kit that costs $96.50 for one that costs $0.29.

✔ The CEO of Nokia, Stephen Elop, meets with 2,000 employees to tell them why he is recommending that they abandon Nokia software to use less popular software from Microsoft.

✔ Cargill’s director of high-intensity sweeteners, Zanna McFerson, tells her boss, Marcelo Montero, the president of Cargill’s Health and Nutrition division, that a glycoside called Rebiana can be used to create a new artificial sweetener to be called Truvia.

✘ Hewlett-Packard CEO Meg Whitman announces to employees that HP will cut its workforce by up to 30,000 people.

A __________ refers to a communication structure in which team members freely communicate with one another and arrive at decisions together.


✔ a. decentralized network

b. centralized network

c. circular network

d. linear network

e. gossip structure

Answers

Answer : circular network

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