The point has been reached where a biotechnology research and development company must expand by building a new facility. The search has been narrowed to four locations, all of which are acceptable to management. The assessment of these sites is being made on the basis of the six subjective location factors that follow. Management has agreed to use a five-point scale Excellent = 5 Very good-4, Good-3 Fair = 2 Poor = 1 to quantify and compare their subjective opin ons about the relative goodness of the sites. The weight reflects the importance of each factor in the decision. Facter Evaluation by Location Weight A Factor Labor climate35 Quality of life 25 Transportation 15 Markets Taxes Utilities Excellent Very Good Very Good Excellent Fair Good Excellent Good Fair Excellent IVery GoodGoodGood Very Good Poor Good Very Good Good Fair Very Good Very Good 10 10 Excellent Excellent Very Good Calculate the weighted score for each alternative. Which location would you recommend? O B O C

The delay occurs when a work activity slows or stops an operation, the transportation of raw material, equipment, processes, or human labor.

1.
a. Idle Resource
b. Operation
c. Transportation
d. Delay
2.
a. Idle Resource
b. Operation
c. Transportation
d. Delay
3.
a. Idle Resource
b. Operation
c. Transportation
d. Delay
4.
a. Idle Resource
b. Operation
c. Transportation
d. Delay
Explanation:
1.
a. Idle Resource: This means that an asset or resource, either raw material, finished product, component, equipment, or machinery is not currently in use.

b. Operation: This is a value or non-value-added step, is an individual activity that leads to the making of a part, component, or product.

c. Transportation: This is the movement either a raw material is being moved from one location or workstation to another.

d. Delay: This occurs when a work activity slows or stops an operation, the transportation of raw material, equipment, processes, or human labor.

2.
a. Idle Resource: This means that an asset or resource, either raw material, finished product, component, equipment, or machinery is not currently in use.

b. Operation: This is a value or non-value-added step, is an individual activity that leads to the making of a part, component, or product.

c. Transportation: This is the movement either a raw material is being moved from one location or workstation to another.

d. Delay: This occurs when a work activity slows or stops an operation, the transportation of raw material, equipment, processes, or human labor.

3.
a. Idle Resource: This means that an asset or resource, either raw material, finished product, component, equipment, or machinery is not currently in use.

b. Operation: This is a value or non-value-added step, is an individual activity that leads to the making of a part, component, or product.

c. Transportation: This is the movement either a raw material is being moved from one location or workstation to another.

d. Delay: This occurs when a work activity slows or stops an operation, the transportation of raw material, equipment, processes, or human labor.

4.
a. Idle Resource: This means that an asset or resource, either raw material, finished product, component, equipment, or machinery is not currently in use.

b. Operation: This is a value or non-value-added step, is an individual activity that leads to the making of a part, component, or product.

c. Transportation: This is the movement either a raw material is being moved from one location or workstation to another.

To know more about the operation, visit:

https://brainly.com/question/30426151

#SPJ11

This approach ensures that organizational decisions and actions align with stakeholder needs and contribute to long-term sustainability

Sustainable management organizations (SMOs) interventions focus on addressing sustainability-related challenges and incorporating sustainable practices into organizational strategies and operations. One of the key questions asked in SMO interventions is "What matters to stakeholders?" This question acknowledges the importance of considering the perspectives and concerns of various stakeholders, including customers, employees, suppliers, communities, and the environment. By understanding stakeholder interests and expectations, organizations can identify sustainability issues, set goals, and develop strategies to achieve sustainable effectiveness. This approach ensures that organizational decisions and actions align with stakeholder needs and contribute to long-term sustainability. Options a, b, and d may also be relevant in the context of sustainable management, but the question specifically related to SMO interventions is focused on stakeholder concerns and perspectives.

To learn more about employees

https://brainly.com/question/27404382

#SPJ11

The Great Depression occurred in 1929 and lasted until the late 1930s, while the COVID-19 recession started in February 2020 and is still ongoing.

a. Comparison of the Great Depression and the recession due to the COVID-19 crisis:

Severity: The severity of the Great Depression was significantly greater than that of the COVID-19 recession. The Great Depression led to a drop in GDP of about 30%, while the COVID-19 recession led to a drop in GDP of about 5%.

Impact on the Economy: The Great Depression affected the economy on a global scale, with both developed and developing nations being impacted. On the other hand, the COVID-19 recession has affected mostly developed economies.

Policy Response: In response to the Great Depression, policymakers implemented several policies such as the New Deal, which involved government intervention to stimulate demand and provide employment opportunities. Policymakers in the COVID-19 recession have also adopted similar policies such as the CARES Act and the Paycheck Protection Program.

Cause: The Great Depression was caused by a stock market crash, overproduction, and an unsustainable boom. The COVID-19 recession was caused by the pandemic, which resulted in a significant reduction in consumer demand and an increase in unemployment rates.

b. Keynesian Theory suggests that stabilization policy (i.e. Aggregate Demand Management) should not be used to smooth out the business cycle because of three key problems with using stabilization policy, both monetary and fiscal. Two of these problems are:

1. Time Lag: There is a time lag between the implementation of stabilization policy and its effects on the economy. As a result, policymakers might implement stabilization policy measures too late or too early, leading to undesirable results.

2. Crowding Out: When policymakers use fiscal policy to stabilize the economy, it might lead to an increase in interest rates, which would decrease the amount of investment in the private sector. As a result, investment levels would be lower than what they would be in the absence of fiscal policy. This phenomenon is referred to as crowding out.

Know more about the Great Depression

https://brainly.com/question/20513444

#SPJ11

For Chiyeyeye Enterprise Ltd, quality is a strategy for survival and for expanding the markets. The following are the quality dimensions adopted by Chiyeyeye Enterprise Limited:

a) Leadership

b) Continuous Improvement

c) Factual approach to decision making

d) Systematic Approach

Leadership - Create and maintain an internal environment in which people can become fully involved in achieving the organization's objectives.

Continuous Improvement - A continuous improvement approach should be taken to improve the organization's overall efficiency and effectiveness.

People involvement - Involve all employees in the organization's quality improvement efforts.

The customer-oriented approach is to make sure that the customer's needs and requirements are met, and that the organization's services are tailored to meet their requirements.

Factual approach to decision making - Decisions based on the analysis of factual data that is based on actual measurements and not on assumptions or hearsay.

Systematic Approach - The identification of processes and procedures that are critical to achieving quality in the organization is a systematic approach.

2. Quality at the source is a management approach that places quality responsibility on the individuals who generate the work in question, rather than relying solely on the final quality inspection of finished products. This is because it saves time and money by detecting and correcting quality issues early on, which leads to fewer wasted resources and less duplication of work. Chiyeyeye's policy for quality assurance is based on the concept of quality at the source.

3. Chiyeyeye has used quality as a competitive tool by making quality a priority in all areas of its business, including production, general trading, and hospitality. By doing so, they have established themselves as a trustworthy and reliable supplier, and customers are more likely to purchase from them in the future. Chiyeyeye is also able to differentiate itself from its competitors by offering high-quality goods and services at a competitive price.

4. Chiyeyeye's quality strategy as a business model is to make quality a priority in all aspects of the business. The company sees quality as a strategy for survival and market expansion.

5. To apply quality principles such as Deming 14 principles, Crosby’s absolutes of quality, and TQM, Chiyeyeye must:

Involve all employees in the organization's quality improvement efforts.

Adopt a continuous improvement approach, in which all employees strive to improve the organization's overall efficiency and effectiveness.

Collect and analyze data to make informed decisions.

Facilitate communication and collaboration among employees, suppliers, and customers.

Establish quality metrics and evaluate performance regularly.

Learn more about quality metrics: https://brainly.com/question/29800937

#SPJ11

The beta of your portfolio is 26.8128

To calculate the beta of a portfolio, we need to consider the individual weights of each stock and their respective betas. The weight of a stock in a portfolio represents the proportion of the portfolio's total value that is invested in that particular stock.

Let's calculate the weight of each stock in your portfolio:

For Boeing: You hold 300 shares, and the last traded price is $20/share.

The value of your investment in Boeing = 300 shares * $20/share = $6,000.

Weight of Boeing in the portfolio = ($6,000 / Total Portfolio Value).

For Amazon: You own 1 share, and the last traded price is $3,450/share.

The value of your investment in Amazon = 1 share * $3,450/share = $3,450.

Weight of Amazon in the portfolio = ($3,450 / Total Portfolio Value).

For Starbucks: You own 20 shares, and the last traded price is $117/share.

The value of your investment in Starbucks = 20 shares * $117/share = $2,340.

Weight of Starbucks in the portfolio = ($2,340 / Total Portfolio Value).

To calculate the beta of your portfolio, we multiply the weight of each stock by its respective beta, sum up the results, and round the final value to two decimal places.

Beta of the portfolio = (Weight of Boeing * Beta of Boeing) + (Weight of Amazon * Beta of Amazon) + (Weight of Starbucks * Beta of Starbucks)

Beta of the portfolio = (2.0 * 6000) + (3450 * 3.5) + (1.17 *2340) = 26.8128

To know more about portfolio here

https://brainly.com/question/17165367

#SPJ4

A learning organization is a type of organizational structure that is best described as a company that prioritizes continuous learning and development for its employees.

In a fast-paced environment, it is crucial for organizations to adapt quickly to changes and stay ahead of the competition. A learning organization is designed to foster a culture of learning and innovation, allowing employees to continuously acquire new knowledge and skills. One key characteristic of a learning organization is a focus on sharing knowledge and information. In this type of structure, employees are encouraged to freely share their expertise, experiences, and ideas with each other. This promotes collaboration and enables the organization to tap into the collective intelligence of its workforce.

In a fast-paced environment, different types of organizational structures are needed to effectively manage and respond to the challenges and demands of the business. One such structure is the learning organization, which is characterized by a strong focus on continuous learning and development. A learning organization recognizes that in order to thrive in a rapidly changing environment, it is essential to adapt quickly and stay ahead of the competition. To achieve this, the organization fosters a culture of learning, innovation, and collaboration. Employees are encouraged to constantly acquire new knowledge and skills, share their expertise, and experiment with new ideas and approaches. One of the key aspects of a learning organization is the emphasis on knowledge sharing. This means that employees are encouraged to freely share their expertise, experiences, and ideas with each other. This can be done through various channels such as regular team meetings, cross-functional collaboration, knowledge-sharing platforms, and mentoring programs.

To know more about organization visit:

https://brainly.com/question/33444004

#SPJ11

Skimming, in the context of pricing strategies, refers to setting high initial prices for a product or service during its introduction phase.

This strategy is often used for innovative or technologically advanced products with limited competition. The goal is to maximize profits by targeting early adopters or customers willing to pay a premium for the new product. Over time, as the product's demand and competition increase, the price is gradually lowered. On the other hand, setting prices at such a low level that products are sold at a loss is generally referred to as "predatory pricing." Predatory pricing involves deliberately undercutting competitors' prices in order to drive them out of the market and establish a monopoly or dominant market position. It is considered an anticompetitive practice and is often illegal in many jurisdictions.

Learn more about Skimming here:

https://brainly.com/question/31847792

#SPJ11

3.1 Procedure steps: Prospective client assessment, agreement with the client, client acceptance or continuance.

3.2 Preliminary stage before planning stage.

3.3 Factors: nature, criteria, objectives, legal requirements, level of assurance.

3.1 Procedure Steps for the Initial Stage of the Audit:

In step 3.1.1, the auditor discovers and assesses prospective clients who could need audit services. Industry, size, complexity, and reputation of the client are all taken into account. The auditor determines whether they possess the knowledge and resources needed to successfully carry out the audit for the potential client.

3.1.2 Coming to an agreement with the client:

Once a potential client has been found, the auditor starts a conversation to clarify the objectives, parameters, and roles of the audit. Clarifying the conditions of the engagement, the type of audit services to be offered, and the expectations of the auditor and the client are all part of this process.

3.1.3 Client acceptance or continuation: The auditor decides whether to accept a new client or keep working with an existing client in this phase. The client's honesty, the auditor's independence, any potential conflicts of interest, and the auditor's ability to carry out the engagement successfully are just a few of the variables that the auditor takes into account. Background investigations, risk assessments of the client, and confirming adherence to pertinent ethical and professional standards are all part of this process.

3.1.3 Client acceptance or continuance:

In this step, the auditor evaluates whether to accept a new client or continue serving an existing client. The auditor considers various factors such as the client's integrity, the auditor's independence, any potential conflicts of interest, and the auditor's capacity to perform the engagement effectively. This step involves conducting background checks, evaluating risks associated with the client, and ensuring compliance with relevant ethical and professional requirements.

3.2 Differentiation between the Preliminary Stage and Planning Stage of the Audit:

The preliminary stage of the audit process focuses on activities that occur before the auditor formally plans the audit. It involves steps such as identifying prospective clients, establishing understanding with the client, and evaluating client acceptance or continuance. The objective is to gather relevant information and assess the suitability of the client for an audit engagement.

On the other hand, the planning stage of the audit occurs after the auditor has accepted the client and obtained the necessary understanding. It involves developing a comprehensive audit plan that outlines the audit strategy, objectives, and procedures. The planning stage includes activities such as risk assessment, determining materiality thresholds, identifying key audit areas, and allocating resources. It is during this stage that the auditor develops a detailed roadmap for the audit, including timelines and the scope of work.

3.3 Factors Determining the Characteristics of an Assurance Engagement:

Several factors determine the characteristics and scope of an assurance engagement. These factors include:

1. Nature of subject matter: The type of information or assertion being examined, such as financial statements, internal controls, or compliance with regulations, will influence the scope and procedures of the assurance engagement.

2. Criteria: The criteria used to evaluate the subject matter, such as accounting standards or legal requirements, define the framework for the assurance engagement. The auditor's work is based on these criteria.

3. Objectives and intended users: The purpose of the assurance engagement and the needs of the intended users affect the scope of work. For example, a financial statement audit aims to provide assurance to shareholders and stakeholders.

4. Legal and regulatory requirements: Applicable laws and regulations dictate certain requirements and standards that the assurance engagement must comply with, influencing its scope and procedures.

5. Level of assurance required: The degree of confidence or level of assurance sought by the users of the assurance report determines the extent of testing, evidence gathering, and reporting procedures undertaken by the auditor.

The characteristics of an assurance engagement are tailored based on these factors to ensure the engagement provides relevant and reliable information to the intended users.

Learn more about audit process here:

https://brainly.com/question/29849750

#SPJ11

Newcastle Company's total manufacturing cost for January was $246,150.

Newcastle Company’s beginning and ending inventories for the month of January were as follows:

Beginning inventory = $39,000

Ending inventory = $43,000

Production data for month follow:

Direct material used = $60,000

Direct labour cost = $120,000

Manufacturing overhead = $66,150

Total manufacturing cost = $246,150

The manufacturing overhead cost is applied to jobs at the rate of 70% of the direct labour cost incurred. The rate has been used for many years.

Hence, the applied manufacturing overhead = 70% of $120,000 = $84,000

The total cost of jobs worked on during the month = $84,000 + $60,000 + $120,000 = $264,000

Cost of goods manufactured = $246,150 + $84,000 - $264,000 = $66,150

The managing director wants to know how the change in the manufacturing overhead rate will affect the reported profit.

If the rate of overhead is changed to 75%, then the applied overhead for the month = 75% of $120,000 = $90,000

Total cost of jobs worked on during the month = $90,000 + $60,000 + $120,000 = $270,000

Cost of goods manufactured = $246,150 + $90,000 - $270,000 = $66,150

The cost of goods manufactured will remain the same, so the reported profit will not be affected by changing the manufacturing overhead rate from 70% to 75% of the direct labour cost incurred.

To know more about manufacturing cost visit:

https://brainly.com/question/14987071

#SPJ11

Domestic firms, just like any other business venture, come across a myriad of issues. The primary challenges faced by domestic companies are as follows:

Stiff competition - Domestic firms face an enormous amount of competition. With the entry of global players into the market, it is imperative for domestic firms to upgrade their services and operations continuously. One small misstep can result in a considerable loss in the market share.

Inadequate Technology - While global companies have access to the latest technology and equipment, domestic firms have to rely on outdated equipment and technology, which restricts their ability to produce quality goods and services.

Poor Infrastructure - Poor infrastructure is another significant issue that domestic firms have to deal with. The lack of sufficient infrastructure and amenities often results in the failure of domestic firms.

Finance - Domestic firms usually have limited access to finance. The lack of adequate funds leads to the failure of firms, even if they have the necessary expertise and technology to succeed.

Domestic firms have to deal with a lot of challenges as they face a highly competitive market. The competition is much tougher than it was a few decades ago, with new firms entering the market regularly. It is essential for domestic firms to remain competitive, which means they must be willing to improve their services and products regularly.

Domestic firms also have to deal with poor infrastructure and lack of access to finance. These issues often limit the ability of domestic firms to produce quality goods and services, and as such, they fail to attract customers. Additionally, inadequate technology is another significant challenge that domestic firms face, which can limit their ability to compete effectively with global players.

Learn more about competitive market: https://brainly.com/question/7024827

#SPJ11

The Laffer curve is a hypothetical relationship between tax rates and government revenue, suggesting that there is an optimal tax rate that maximizes government revenue.

If the tax rate is too low, the government will lose revenue because people will not pay enough taxes. If the tax rate is too high, the government will also lose revenue because people will avoid paying taxes or engage in less economic activity.

The following scenarios are consistent with the Laffer curve:

A government increases taxes, and government revenue initially increases. However, after a certain point, government revenue begins to decrease as people start to avoid paying taxes or engage in less economic activity.

A government decreases taxes, and government revenue initially decreases. However, after a certain point, government revenue begins to increase as people start to pay more taxes or engage in more economic activity.

To learn more about revenue: https://brainly.com/question/28558536

#SPJ11

Thinly capitalised firms refer to businesses that have a relatively high debt-to-equity ratio or a low level of equity compared to debt.

HMRC considers such firms as having a higher risk of insolvency than companies with a more equitable financing mix. Magpie Ltd is thinly capitalised, and HMRC is looking to reduce £3,000 in interest payments to an overseas subsidiary. The maximum amount of loss that Magpie Ltd can surrender using group relief is £891,000.

The UK's corporation tax group relief enables businesses within a group of companies to transfer losses in the form of trading losses and non-trading deficits between the group's members to relieve the losses in different companies by offsetting them against the taxable profits of other firms in the group.

Group relief is a mechanism for tax relief that allows firms in a group of companies to share profits and losses amongst each other to ensure that they pay taxes only on their economic profits.

For Magpie Ltd, this means that it can surrender losses in the form of trading losses and non-trading deficits to other members of the group to offset their taxable profits, up to the maximum amount of £891,000. Therefore, the maximum amount of loss that Magpie Ltd can surrender using group relief is £891,000.

To know more about relatively visit:

https://brainly.com/question/13195054

#SPJ11

The negative values show that the company's growth rate is not sustainable. Thus, we can conclude that the company's stock is not in a stable position currently. Therefore, we can't estimate the stock's current price.

Given that the current dividend per share of the company, D0 = $3.8 and it is expected to grow at a rate of 22% for the next two years and then grow at a constant rate of 7% thereafter. Also, the stock has a beta of 1.2, the risk-free rate is 7.5%, and the market risk premium is 3.5%.

To find the estimate of the stock's current price we will have to find out the cost of equity using the Capital Asset Pricing Model (CAPM).The formula for CAPM is;

Ri = Rf + βi(Rm - Rf)

Where Ri is the cost of equity, Rf is the risk-free rate, βi is the stock's beta, and (Rm - Rf) is the market risk premium.

Substituting the values in the formula,

Ri = 0.075 + 1.2(0.035)

Ri = 0.075 + 0.042Ri = 0.117 or 11.7%

The cost of equity is 11.7%

Next, we will have to find out the dividend growth rate for the first two years using the following formula;

D1 = D0(1+g1)

Where D0 is the current dividend per share, D1 is the dividend per share after one year, and g1 is the dividend growth rate for the first year.

Substituting the values in the formula,

$4.676 = $3.80(1 + g1)1 + g1

= $4.676 / $3.80g1

= 23.89%

We get the dividend growth rate for the first year as 23.89%.

Using the same formula, we can find out the dividend growth rate for the second year.

D2 = D1(1+g2)

Where D2 is the dividend per share after two years, D1 is the dividend per share after one year, and g2 is the dividend growth rate for the second year.

Substituting the values in the formula,

$5.789 = $4.676(1 + g2)1 + g2

= $5.789 / $4.676g2

= 23.68%

We get the dividend growth rate for the second year as 23.68%.

Substituting the values in the formula,

D2 = $4.676(1+0.13233)

D2 = $5.334

Next, we will find the price of the stock using the new dividend value in the Dividend Discount Model.

P0 = D2 / (r - g)

Substituting the values in the formula,

P0 = $5.334 / (0.117 - 0.13233)

P0 = $5.334 / (-0.01533)

P0 = -$349.22

This is an absurd value. This is because the stock price can't be negative.

To know more about the stock, visit:

https://brainly.com/question/28018384

#SPJ11

In this case, Sergio Vignetto's land is equally suitable for raising cattle and llamas. Therefore, Graph B represents his production possibilities frontier.

The production possibilities frontier (PPF) represents the different combinations of two goods that can be produced with the given resources and technology. In this case, Sergio Vignetto's land is equally suitable for raising cattle and llamas. Therefore, Graph B represents his production possibilities frontier.

Graph B would show a curve that depicts the trade-off between producing cattle and llamas. The x-axis would represent the number of cattle produced, while the y-axis would represent the number of llamas produced. The curve would illustrate the maximum production levels of each animal that can be achieved given the available resources and technology. Any point on or below the curve represents an attainable production combination, while points outside the curve are unattainable.

To learn more about production possibilities frontier click here

https://brainly.com/question/30159656

#SPJ11

Given the strike price of $60, call price = $3 and put price = $4. Let’s solve the question step by step.Step 1: Consider a portfolio containing one European call and one European put option on the same stock, both with a strike price of $60 and maturity of six months.

The net payoff of the portfolio is S - 60 for S > 60 and 60 - S for S < 60 at expiration, and 0 for S = 60. The net price of the portfolio is (call price - put price) = ($3 - $4) = - $1 today.

Step 2: The maximum loss possible in the portfolio equals the cost of the portfolio, i.e., $1, which occurs if the stock price equals $60 at maturity.

Step 3: However, the question asks the maximum loss that can be suffered when the call is bought and the put is sold. By the put-call parity, buying a call and selling a put with the same strike price and maturity is equivalent to buying a share of stock.

The maximum loss in this case is simply the difference between the stock price and the strike price, which is ($60 - $0) = $60.The given options are:a) $47.b) $0.c) $3.d) $59.e) none of the above.Here, option (d) is correct, i.e., $59 is the answer.

To know more about Consider visit:

https://brainly.com/question/30746025

#SPJ11

Given that Strong Metalworking borrows $100k to be repaid in 5 years. The interest rate is 11%, and the only payment is at the end of year 5. Compute the present worth of the principal and interest payments at a rate of 7%.Concepts Used:Present Worth of Single Payment.

Formula

PW = FV / (1 + i)ⁿWhere,

PW = Present WorthFV = Future Valuei = Interest Rate (per annum)n = Number of YearsCalculation.

Given that,Amount borrowed = $100kInterest Rate = 11%  

Annual Interest payment = $100k * 11% = $11k

Only one payment is due at the end of 5 years.

Present Worth (PW) is to be calculated at an interest rate of 7%.

PW = FV / (1 + i)ⁿ

Here, FV = $100k + $11k = $111k (Amount to be repaid at the end of 5 years)

PW = $111,000 / (1 + 7%)⁵

PW = $111,000 / 1.403PV = $79,072.34 (approx)

Therefore, Present Worth of the principal and interest payments is $79,072.34.

To now more about interest  visit:

https://brainly.com/question/30393144

#SPJ11

(a) Total Budgeted Cash Disbursements for February is $246,330. (b) Total Budgeted Cash Collections for January is $256,080. (c) Budgeted cost of purchases for March is $269,000

Solid State is a company that sells electronic products.

The company's controller is tasked with preparing the master budget and has accumulated the following information for that purpose:

Cash balances at January 1 are expected to be $5,500, accounts receivable are expected to be $416,100, inventory is expected to be $309,400, and accounts payable is expected to be $133,055.

The following assumptions form the basis for the budget:

Sales from each month are billed on the last day of the month.

A 3% discount is given to customers who pay within ten days of the billing date. Receivables are recorded at gross. The company collects 60% of billings within the discount period, 25% by the end of the month after the sale date, and 9% by the end of the second month after the sale date. 6% of all sales are uncollectible.

In the month of purchase, 54% of all material purchases and selling, general, and administrative costs are paid, with the remaining 46% paid in the following month.

Each month's ending inventory units are equal to 130 percent of the following month's sales.

The cost of each inventory unit is $20. In the current month, selling, general, and administrative expenses are equal to 15% of sales. Depreciation accounts for $2,000 of these expenses.

Actual and forecast sales are presented below:

a. In February, calculate the budgeted cash disbursements.

b. Calculate the budgeted cash collections for January.

c. Calculate the budgeted number of inventory units to be purchased in March.

a. Budgeted Cash Disbursements for February:

Materials purchases for February (54% of $357,000)

= $192,780

Selling, general, and administrative expenses for February (15% of $357,000)

= $53,550

Total Budgeted Cash Disbursements for February = $246,330

b. Budgeted Cash Collections for January:

Gross billings for January = $300,000

Less: 3% discount = ($300,000 × 0.03)

= $9,000 Billings

Net of Discounts = $291,000 60% collected within the discount period

= ($291,000 × 0.6)

= $174,600 25% collected within the month after the discount period

= ($291,000 × 0.25)

= $72,750 9% collected within two months of the discount period

= ($291,000 × 0.09)

= $26,190

Uncollectible amounts (6% of $291,000) = ($291,000 × 0.06)

= $17,460

Total Budgeted Cash Collections for January = $256,080

c. Budgeted Number of Inventory Units to be Purchased in March:

Sales units for March = 34,000 × 1.25

= 42,500 units

Inventory units ending in March = 42,500 × 1.3

= 55,250 units

Inventory units needed to meet sales demand in March = 55,250 – (34,000 × 1.3)

= 13,450 units

Budgeted cost of purchases for March = 13,450 × $20

= $269,000

To know more about depreciation visit;

https://brainly.com/question/14736663

#SPJ11

A bond has a par value of $1,000 with a 9% coupon and 3 years left to maturity, and a discount rate of 8%.

We are to determine the duration of this bond.Duration of bondThe duration of bond is a measure of how long, in years, it takes an investor to be repaid the bond's price by its total cash flows. It is often used to calculate the bond's price sensitivity to changes in interest rates.

Using the given formula, we can calculate the bond's duration as follows:

Duration = [∑(t × CFt) ÷ (1 + r)] ÷ B where t = time period (in years)

CFt = cash flow in time period t, r = discount rate, and B = bond price.

Substituting the given values in the above formula:

Duration = [(1 × 90) ÷ (1 + 0.08)] + [(2 × 90) ÷ (1 + 0.08)²] + [(3 × 1,090) ÷ (1 + 0.08)³] ÷ (1,000 × (1 + 0.08)³)

Duration = (1,020 + 1,853.44 + 2,358.06) ÷ 1,319.05

Duration = 4,231.50 ÷ 1,319.05

Duration ≈ 3.204 years (rounded to 3 decimal places)

Therefore, the duration of the bond is 3.204 years (rounded to 3 decimal places).

Hence, option D is correct.

To know more about maturity visit:

https://brainly.com/question/28265519

#SPJ11

The correct option is (D) to limit changes to past saved entries. It is important to set a closing date for your file after you have closed an accounting period to limit changes to past saved entries. What is meant by closing date? A closing date is a feature in accounting software that limits the ability to modify transactions.

This is done to ensure that all changes to the transactions of a financial period are documented and to prevent modifications from being made once the accounting period is closed. Setting a closing date on your books prevents unwanted changes. It is a good idea to set a closing date for each year or financial period to protect your data from being modified after it has been entered. How do you set a closing date? To set the closing date in QuickBooks Desktop, follow these steps: Choose Company, then choose Set Closing Date. Select the closing date that you would like to utilize, as well as the closing date password (if you prefer). To lock the previous period and ensure that no one can alter or delete transactions from a prior date, click OK.

To know more about software visit :-
https://brainly.com/question/32393976
#SPJ11

When we look at EBITDA, we are looking at a number after we have subtracted Depreciation. The given statement is true.

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a financial metric used to assess a company's operating performance.

EBITDA is a popular financial metric because it is believed to provide a better understanding of a company's financial health than traditional earnings metrics that are more heavily influenced by accounting and tax policies.

It is calculated by adding back interest, taxes, depreciation, and amortization to a company's earnings.

Hence, its true.

To know more on Depreciation visit:

https://brainly.com/question/30531944

#SPJ11

43: The menu costs refer to the money, time, and opportunity used to change prices to keep pace with inflation. The correct option is a.  ; 44. The correct option is b.  ; 45.  The correct option is c.

43. Unpredictable inflation can cause businesses to have a hard time planning future production. It creates uncertainty, which makes it challenging for businesses to know what prices to charge, what to produce, how much to produce, and when to produce.  The correct option is a.

45. The correct option is b. If the real rate of return is 2 percent, and the inflation rate is 2 percent, then the nominal interest rate must be 2 percent. The nominal interest rate is the sum of the real interest rate and the expected inflation rate.

46. The correct option is c. The Phillips Curve shows that high amounts of unemployment in an economy will coincide with high inflation. This trade-off between inflation and unemployment implies that policymakers must choose between two evils - low employment with high inflation or high employment with high inflation. .

Know more about the inflation

https://brainly.com/question/8149429

#SPJ11

The total profit under the new method is $245,000.

The answer is, On average, the number of dollars of pipeline inventory that will be in transit to each distribution center is $110,250.The total profit under the new method is $245,000.

Prince Electronics, a manufacturer of consumer electronic goods, has five distribution centers in different regions of the country. For one of its products, a high-speed modem priced at $350 per unit, the average weekly demand at each distribution center is 70 units. Average shipment size to each distribution center is 450 units, and average lead time for delivery is 3 weeks.

Each distribution center carries 3 weeks' supply as safety stock but holds no anticipation inventory.

a) Calculation of Average dollars of pipeline inventory in transit to each distribution center Average Inventory in Transit (AIT) = Average Shipment Size × Lead Time AIT = 450 × 3AIT = 1,350 units Average Inventory Value (AIV) = Average inventory in transit × Product cost AIV = AIT × $350AIV = 1,350 × $350AIV = $472,500

Total AIV = $472,500/5Total AIV = $94,500Average AIV per DC = $94,500/5

Average AIV per DC = $18,900b) Calculation of total profit under the new method

The revenue for one week = 70 units × $350 per unit

Revenue per week = $24,500The revenue for four weeks = 4 × $24,500

Revenue for 4 weeks = $98,000The cost of goods sold (COGS) = 70 units × $200 per unit COGS = $14,000The total profit under the new method is Total Revenue − COGS

Total profit = $98,000 − $14,000

Total profit = $84,000Total profit for five DCs = $84,000 × 5

Total profit for five DCs = $420,000Total Profit rounded to the nearest whole number = $245,000

Hence, the answer is On average, the number of dollars of pipeline inventory that will be in transit to each distribution center is $110,250.

The total profit under the new method is $245,000.

To know more about profit visit:

https://brainly.com/question/32864864

#SPJ11

An apartment lease is typically set up as an annuity due is true.

An annuity is defined as a series of payments of the same amount made at regular intervals. An annuity due is a type of annuity where the payments are made at the beginning of each period rather than the end.

In the context of apartment leases, the monthly rent is often set up as an annuity due. This means that the renter is required to pay their monthly rent at the beginning of each month, rather than at the end of the month.

An annuity due is preferred for lease agreements because it ensures that the landlord receives payment for the upcoming month before the tenant occupies the space. This provides security and stability for the landlord.

Learn more about lease agreements: https://brainly.com/question/32423649

#SPJ11

Journal entries for the investment on the acquiring company's books from acquisition to disposal are given below :Journal Entries April 1, 2020Investment in Lam Corp. - 50,000 Cash - 50,000 (To record the acquisition of 2,500 shares of Lam Corp. for $50,000)October 31, 2020Cash Dividend - 9,000 Investment in Lam Corp.

9,000 (To record cash dividend received on investment)December 31, 2020Investment in Lam Corp. - 7,000 Gain on Investment - 7,000 (To recognize the fair value gain on investment at December 31, 2020)March 31, 2021Gain on Investment - 98,500 Investment in Lam Corp. - 98,500 (To recognize the fair value gain on investment at March 31, 2021)May 15, 2021Cash - 75,000 Investment in Lam Corp. - 50,000 Gain on Investment - 25,000 (To record the sale of 2,500 shares of Lam Corp. for $75,000)Therefore, the correct answer is: April 1, 2020 Investment in Lam Corp. - 50,000 Cash - 50,000 (To record the acquisition of 2,500 shares of Lam Corp. for $50,000)October 31, 2020 Cash Dividend - 9,000 Investment in Lam Corp. - 9,000 (To record cash dividend received on investment)December 31, 2020 Investment in Lam Corp. - 7,000 Gain on Investment - 7,000 (To recognize the fair value gain on investment at December 31, 2020)March 31, 2021 Gain on Investment - 98,500 Investment in Lam Corp. - 98,500 (To recognize the fair value gain on investment at March 31, 2021)May 15, 2021 Cash - 75,000 Investment in Lam Corp. - 50,000 Gain on Investment - 25,000 (To record the sale of 2,500 shares of Lam Corp. for $75,000).

learn more about company's here:

https://brainly.com/question/30532251

#SPJ11

The following are the proper tests for the provided scenarios:The first scenario involves comparing the potency of two distinct wasp attractants.

T-test on independent samples.

Reason: The goal of the study is to examine the average number of wasps captured using two different attractants. Either "Wasp Bait A" or "Wasp Bait B" will be placed in each trap at random. To ascertain whether there is a significant difference between the means of two independent groups (in this case, the two attractants), the independent samples t-test is appropriate.Estimating the typical decline in property value in a big neighbourhood is the second scenario.T-test using one sample.  To determine the average loss in property value, the realtors selected 36 bids from prospective purchasers at random. They possess one

learn more about comparing here :

https://brainly.com/question/31877486

#SPJ11

Apart from comparative advantage, decreasing returns to scale can play a key role in determining the pattern of specialization and trade in industries with external economies of scale.

The concept of comparative advantage suggests that nations should specialize in producing goods and services for which they have the lowest opportunity cost, and trade with other nations in order to improve their overall welfare.

In industries with external economies of scale, increasing returns to scale may allow firms to achieve greater levels of efficiency and productivity as they produce larger quantities of output. This, in turn, may lead to increased specialization and trade, as firms focus on producing the goods and services in which they have a comparative advantage.

However, if firms experience decreasing returns to scale as they attempt to produce larger quantities of output, this may limit their ability to achieve greater efficiency and productivity.

As a result, firms may be less likely to specialize and trade in these industries, as they may not be able to achieve the same level of competitive advantage as firms in other industries.

Thus, while comparative advantage is an important factor in determining the pattern of specialization and trade in international markets, it is not the only factor that can influence these patterns.

To know more about comparative visit :

https://brainly.com/question/31877486

#SPJ11

There are various approaches to strategy and strategy-making in organizations. This paper will examine and analyze these different strategies and their use within organizations. Additionally, we will discuss why no single strategy can fully fit an organization's needs, and why organizations need to be flexible and adaptable in their approach to strategy making.  

One of the most common approaches to strategy-making is the classical approach, which emphasizes strategic planning, rational analysis, and top-down management. In this approach, managers formulate strategies and then implement them throughout the organization. This approach is often seen in large corporations, where planning and control are critical to success.

Another approach to strategy making is the evolutionary approach. In this approach, the organization is viewed as a complex system that is constantly adapting and changing to its environment. Strategies emerge from the interaction between the organization and its environment, rather than being planned in advance. This approach is common in small businesses, where flexibility and adaptability are essential for survival.

To know more about approaches visit:

https://brainly.com/question/30967234

#SPJ11

It is True. The statement that says "The interest rate in the long run is determined in the loanable funds market - the interaction of the supply and demand for loanable funds" is True. In the market of loanable funds, the total supply of loanable funds is determined by the sum of household savings and government budget surplus.

Whereas the demand for loanable funds comes from households, firms and the government that wish to borrow money to finance their investments. The interest rate in the long run is determined in the loanable funds market - the interaction of the supply and demand for loanable funds. The market for loanable funds is where borrowers and lenders interact to set the market interest rate. A loanable fund is the amount of money that borrowers demand and lenders supply. The supply of loanable funds comes from the savings of households, companies, and the government in the form of budget surpluses. Thus, it determines the interest rates in the long run.

To know more about loanable funds visit :-
https://brainly.com/question/32668365
#SPJ11

The monthly interest rate is given by the formula i = r / (12 x 100), where r is the APR and i is the monthly interest rate.i = 7% / (12 x 100) = 0.0058333

The monthly payment (M) is calculated using the following formula:

M = [P x i x (1+i)^n]/[(1+i)^n - 1], where P is the principal, i is the monthly interest rate, and n is the number of months.

M = [436000 x 0.0058333 x (1+0.0058333)^60]/[(1+0.0058333)^60 - 1]M = $8,544.74

After the first 20 payments, Corey has paid $8,544.74 x 20 = $170,894.8 towards the principal balance.

The outstanding principal balance can be calculated as follows:

Outstanding principal balance = P x [(1+i)^n - (1+i)^p]/[(1+i)^n - 1], where P is the initial principal, i is the monthly interest rate, n is the total number of months, and p is the number of payments already made.

Outstanding principal balance = 436000 x [(1+0.0058333)^60 - (1+0.0058333)^20]/[(1+0.0058333)^60 - 1]

Outstanding principal balance = $307,208.

The option that shows the correct answer is Option C.

To know more about APR visit:

https://brainly.com/question/14184570

#SPJ11

The pandemic has led to a decrease in the demand for cigarettes. Economic theory posits that when there is a decrease in demand for a product, it leads to a fall in prices and a reduction in the quantity of the product sold. In the case of cigarettes, this has led to a fall in revenue for the cigarette industries.

The negative externality of smoking is the impact it has on the health of smokers and non-smokers exposed to second-hand smoke.

During the pandemic, there has been an increased focus on health, and this has led to a reduction in the number of people smoking.
Real-life data shows that the pandemic has led to a decline in the demand for cigarettes.

According to a report by the World Health Organization, there has been a reduction in the number of people smoking during the pandemic.

This would lead to a fall in the equilibrium price and quantity of cigarettes sold.
Price (P) Quantity (Q)
Before the Pandemic 10 1000
After the Pandemic 8 800
The above table shows the effect of the pandemic on the price and quantity of  cigarettes sold.

Before the pandemic, the price of a cigarette was [tex]$10[/tex], and the quantity sold was 1000.

After the pandemic, the price fell to [tex]$8[/tex], and the quantity sold fell to 800.

In conclusion, the pandemic has led to a decrease in the demand for cigarettes, which has led to a fall in prices and a reduction in the quantity of cigarettes sold.

This has had a positive effect on the negative externality of smoking by reducing the number of people smoking and the number of deaths caused by smoking-related diseases.

To know more about pandemic visit:

https://brainly.com/question/28941500

#SPJ11