It is false that to enhance transfer of learning, training should be developed and delivered by training specialists.
Training should be created and provided by training specialists to improve learning transfer. When implementing a commitment-based HR strategy, a firm must prioritize training. Training enhances employee dedication, which boosts an organization's retention rate.
Giving trainees a chance to perform after training is a crucial step managers should take to guarantee training transfer.
While development prepares workers for future positions within the company, training concentrates on preparing workers for their current jobs.
Rotating jobs involves moving trainees from one position or department to another. This enables the trainee to comprehend the operation of the organization and each of its components better.
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the annual report for sneer corporation disclosed that the company declared and paid preferred dividends in the amount of $220,000 in the current year. it also declared and paid dividends on common stock in the amount of $1.80 per share. during the current year, sneer had 1 million common shares authorized; 420,000 shares had been issued; and 208,000 shares were in treasury stock. the opening balance in retained earnings was $780,000 and net income for the current year was $280,000. required: prepare journal entries to record the declaration, and payment, of dividends on (a) preferred and (b) common stock. using the information given above, prepare a statement of retained earnings for the year ended december 31. prepare a journal entry to close the dividends account.
Dividends are payments a business gives to its stockholders as a means of sharing earnings. Because they are paid on a regular basis, they are one among the ways investors make money from stock investments.
Calculation:
No. Account and explanation debit credit
a Cash dividend 220000
Preferred Dividend payable 220000
(To record dividend declared)
b Preferred dividend payable 220000
Cash 220000
(To record dividend paid)
C Cash dividend (420000-208000)*1.8 381600
Common Dividend payable 381600
(To record dividend declared)
d Common Dividend payable 381600
Cash 381600
(To record dividend paid)
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How can a country achieve higher levels of competition and a variety of products in an industry with only one or two domestic firms producing a good?through government regulation breaking up large firms into smaller firmsthrough encouraging intra-industry tradethrough higher trade restrictionsthrough imposing penalties on the firms
Through encouraging intra-industry trade. Through encouraging intra-industry.
What is Economies of scale?The concept of economies of scale states that manufacturing costs frequently fall as output scale rises. When it makes it possible for one or two major producers to supply the whole country, it becomes particularly important to international trade. There won't be much to no rivalry amongst producers. International commerce offers a means of maintaining customer choice and competition while combining economies of scale-driven reduced average manufacturing costs.
The phenomenon known as economies of scale occurs when the size or magnitude of the production generated by a business increases while the average cost per unit of output decreases.
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randy moved across the country to advance his career. although he moved alone, he soon developed a group of coworkers and friends who became like a family to him. they served as his .
Randy moved across the country to advance his career. although he moved alone, he soon developed a group of coworkers and friends who became like a family to him. they served as his social convoy.
A coworker, especially one in a similar role or level of responsibility. Today, coworker is more often used to describe people who share a workplace or tasks, whereas colleague is more often used to describe people who work in the same industry but for different companies. Having positive working relationships with your coworkers may lead to more opportunity for collaboration and less stressful tasks. You and your coworkers could feel more comfortable sharing ideas, exchanging information, and working together if you are friends. No, not at all. Simply don't be too demanding of your coworkers by treating them like friends. A brand-new dynamic has emerged. People report to work in order to survive.
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the cash flow statement should be evaluated by examining the cash flow pattern . multiple choice question. change in cash regardless of which section had the biggest impact on the change operating activities section since this section details the day to day operations of the business of the subtotals for the three sections of the statement financing section since this section details how much debt the company has incurred
The cash flow statement should be evaluated by examining the cash flow pattern : the subtotals for the three sections of the statement financing.
A cash flow is a real or virtual movement of money: a coins float in its slim sense is a price, mainly from one crucial financial institution account to every other; the term 'cash glide' is mainly used to describe.
Cash flow refers to the internet balance of coins stepping into and out of a enterprise at a selected point in time. cash is continuously moving into and out of a business. as an example, while a retailer purchases stock, money flows out of the enterprise towards its providers.coins go with the flow from making an investment sports is coins earned or spent from investments your corporation makes, such as buying equipment or making an investment in other groups. cash waft from Financing sports is coins earned or spent within the route of financing your business enterprise with loans, traces of credit score, or proprietor's fairness.
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In early 2016, the same Germany machinery company has interest from four prospective clients from emerging markets: Indonesia, Brazil, Russia, and South Africa. They all want to buy ten machines, but the factory can only produce ten in time. Therefore, the company has to choose only one client. Given the volatility of the domestic currencies of the four prospective clients, the CFO would like to choose the client which is least likely to cancel the order due to currency volatility. The invoice comes due on June 30, 2016. According to volatility alone, which prospective client would be most likely to cancel the order? A) RussiaB) BrazilC) IndonesiaD) South Africa
The nation most likely to revoke this order is Indonesia. Its great volatility is the cause of this. , the same Germany machinery company has interest from four prospective clients from emerging markets
We can see from the accompanying volatility chart that Indonesia has the highest possibility of the order being canceled. The Indonesian currency has been found to be highly volatile, and this volatility will have a significant impact on trade. The price of imports would increase if a country's currency was weaker.It manufactures durable items such turbines, engines, gearboxes, machine tools for building and manufacturing, automation, and material handling equipment. German mechanical engineering companies tend to be medium-sized, have a wide range of products, and have a strong export emphasis.
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Indicate the effect that each transaction/event listed here will have on the financial ratio listed opposite it, and provide an explanation for your answer. Use + for increase, - for decrease, and (NE) for no effect. Assume that current assets exceed current liabilities in all cases, both before and after the transaction/event.
Transaction Event
a. Split the common stock 2 for 1. Book value per share of common stock
b. Collected accounts receivable. Number of days
a). The denominator doubles, resulting in a BV/share of half the initial value. (b). reduction in accounts receivable with no impact on the average number of sales days.
What exactly does stock mean?A interest is a slang term for any goods, according to market journals. A shares, on the contrary hand, corresponds toward the stock certificate of a certain corporation. If you own stock of a certain corporation, you are considered a shareholder. Stocks are divided into two types common and preferred.
What drives stock purchases?A significant component of your brokerage account may be stock. You may increase your saves, shield valuable funds from devaluation and taxes, and improve the return on your assets by purchasing stocks in a variety of firms.
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Aces Inc., a manufacturer of tennis rackets, began operations this year. The company produced 5,200 rackets and sold 4,100. Each racket was sold at a price of $82. Fixed overhead costs are $63,440 and fixed selling and administrative costs are $64,400. The company also reports the following per unit variable costs for the year
The company also reports the following per unit variable costs for the year $36.40.
Solution:
Units manufactured during the year: 5100 units
Manufacturing Expenses per unit
= variable Expenses + Fixed Expenses
= $24.20 + ($ 63440/5200)
= $ 24.20 + $ 12.20
= $ 36.40
A company's cost burden is variable and changes as production and distribution change. Unlike fixed costs, they are not fixed costs. As production increases, variable costs increase due to the need to purchase raw materials in large quantities. Variable costs fluctuate according to production volume. Variable costs include labor costs, fees and raw materials.
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which of the following is most likely to be categorized as a consumer product as well as a business product?
The correct to the given question is Agricultural Produce.
Agricultural produce refers to all products (whether processed or unprocessed) from agriculture, horticulture, apiculture, sericulture, livestock and products of livestock, forest produce, etc., as specified in the Schedule or declared by the Government by Notification from time to time, as well as mixtures of two or more such products.
Agricultural produce is any produce or item created or received via the labor or industry of members of a co-operative society, or marketed by a co-operative society, whether the produce be from agriculture, animal husbandry, forestry, fisheries, handicrafts, or another source.
Which of the following is most likely to be categorized as a consumer product as well as a business product?
a) Convenience Products.
b) Agricultural Produce.
c) Shopping Products.
d) Specialty Products.
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u.s. dollars are an example of commodity money and hides used to make trades are an example of fiat money. True or False?
False, Both commodity money, such as U.S. dollars, and fiat money, such as the skins used in trade, are examples. Live Dollar to Rupee Exchange Rate 1 USD = 82.3476 INR (Convert Dollars to Rupees)
The United States dollar (symbol: $; code: USD; often abbreviated as US$ or U.S. Dollar to differentiate it from other dollar-denominated currencies; also known as the dollar, U.S. dollar, American dollar, or informally buck) is the official coin of the United States and numerous other nations. The Coinage Act of 1792 established the United States dollar on par with the Spanish silver dollar, divided it into 100 cents, and permitted the minting of coins with dollar and cent values. Federal Reserve Notes, which are commonly referred to as "greenbacks" due to their predominately green tint, are the type of U.S. banknotes that are issued. The Federal Reserve System, which serves as the country's central bank, manages the monetary policy of the United States. A bimetallic standard of 371.25 grains of fine silver or, starting in 1837, 23.22 grains of fine gold, or $20.67 per troy ounce, was used to define the U.S. dollar at its inception. The dollar was exclusively linked to gold by the Gold Standard Act of 1900. Its conversion to gold was changed in 1934 to $35 per troy ounce. All ties to gold have been severed since 1971.
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Private placements can be advantageous, compared to public issue, because: I. Private placements are cheaper to market than public issues. II. Private placements may still be sold to the general public under SEC Rule 144A. III. Privately placed securities trade on secondary markets. A. I only B. I and III only C. II and III only D. I, II, and III
Private placements can be advantageous, compared to public issue, because of A. I only.
In the field of business, when a stock or share is offered to one of the previously known investors of a business, then such a kind of placement is referred to as private placement.
Private placements are more advantageous than public issues because as there is already a bond with the investor, hence a private placement is more cost-effective or cheaper. Also, for a public issue, most of the cost has to be put in to find a new investor with whom the business can come to terms, hence, in order to cut of all these costs, private placements proves to be more advantageous rathen than a public issue.
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Which question applies predictive thinking to a public policy solution?
What criteria should be used to judge the efficacy of the solution?
What reasons might people have for failing to comply with the new policy?
Which policy idea has the best chance at meeting all identified criteria?
Which organizations and individuals can best help identify policy solutions?
Correct option is B, question applies predictive thinking to a public policy solution is "What reasons might people have for failing to comply with the new policy?"
What is Public Policy?Senator John Smith is running for reelection in the United States Senate. He will debate Jane Doe, the person running against him for the Senate, tonight. Public policy, or the goals a government sets for the health, welfare, and safety of its citizens and the steps it takes to achieve those goals, is the subject of the discussion tonight. Domestic policy and international policy are the two broad categories into which public policy created and carried out by the United States can be divided. Let's look more closely.
Several essential characteristics of public policy include:
A need for attention-requiring issues or problems leads to the creation of policy.
The government's policy is what it decides to do (actually) or not do (implicitly) in relation to a specific topic or problem.
A policy could be a law, a regulation, or the collection of all the laws and regulations that apply to a specific problem or topic.
The "public" is represented while making policy.
A goal or desired state, such as the resolution of an issue, is the focus of policy.
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Accounting profits are equally important as cash flows when determining the value of a capital budgeting project.
True
False
False, When determining the value of a capital budgeting project, accounting profits are just as important as cash flows.
Accounting is a bookkeeping process that keeps financial records, logs transactions, and conducts audits. It is a platform that supports numerous processes, including those involving identification, logging, measuring, and providing additional financial data.
Accounting is critical to business operations because it makes it easier to track income and expenses, and the government with quantitative financial data that can be used to make decisions.The main goal of accounting is to maintain an organized record of financial transactions that aids users in understanding daily transactions systematically and learning about overall business operations.
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a prospective franchisee should fully understand all the information contained in the franchise disclosure document before a franchise agreement is signed.
The statement "A prospective franchisee should fully understand all the information contained in the Franchise Disclosure Document before a franchise agreement is signed. " is considered to be true.
What is a Franchise?A franchise can be regarded as a type of license that enables a franchisee to use the franchisor's brand to do business by giving them access to the franchisor's trade names, operational processes, and secret company information. The initial start-up price and yearly license fees are typically paid by the franchisee to the franchisor in exchange for receiving a franchise. A company may franchise its brand name and product when it wishes to expand its geographic reach or market share at a low cost. A franchise is an enterprise in which a franchisor and a franchisee partner. The initial business is the franchisor. The right to utilize its name and concept is sold. The franchisee purchases the right to use the franchisor's brand and established business model to market and sell its products or services.
Particularly when joining a highly competitive field like fast food, franchises are a common approach for entrepreneurs to launch a firm. Having access to the brand name of an established business is a significant benefit of buying a franchise. Getting your name and product in front of buyers won't require you to invest in any resources.
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The complete question is mentioned below :
A prospective franchisee should fully understand all the information contained in the Franchise Disclosure Document before a franchise agreement is signed. Indicate whether the statement is true or false.
Which of the following is a form of capital formation?
According to the statement Saving, Mobilization of savings, and Investment is a form of capital formation.
In a corporation, what exactly is capital?A company's capital is the funds it has on hand to cover both its ongoing expenses and potential future expansion. Cash management, debt, equity, and trade capital are the four main categories of capital. Stock brokers and other financial entities employ trading capital.
Does "capital" imply money?The term "capital" in corporate and commercial finance refers to everything that a company or business owner may employ to create greater value. Currency and other assets, including investments, real estate, financial securities, and copyrights, are sometimes referred to as capital.
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The complete question is-
Which of the following is a form of capital formation?
(a). Saving
(b). Mobilization of savings
(c). Investment
(d). Consumption
you write one mbi july 132 call contract (equaling 100 shares) for a premium of $9. you hold the option until the expiration date, when mbi stock sells for $136 per share. you will realize a on the investment.
If a stock sale 100 shares on expiry date the investment will suffer a loss of $500 .
Expiry date is so important to options traders. The concept of time is at the heart of what gives options their value. After the put or call expires, time value does not exist. In other words, once the derivative expires the investor does not retain any rights that go along with owning the call or put. So, at the expiry of stock sale the Strike Price is less than the Current market Price. the current price is the price at which a good or service can be purchased or sold. The market price of an asset or service is determined by the forces of supply and demand. the price at which quantity supplied equals quantity demanded is the market price.
His profit/ loss will be ,
(136 - 132-9 ) * 100 = -500
The loss for the investment is 500.
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The expected average rate of return for a proposed investment of $800,000 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total net income of $360,000 for the 4 years, is a. 45% b. 22.5% c. 11.3% d. 5.5%
The expected average ROR for a proposed investment of $800,000 in a fixed asset, useful life of 4 years, straight-line depreciation, no residual value, and expected total net income of $360,000 for 4 years, is 22.5%.
Give a brief account on straight-line depreciation.Straight line depreciation can be regarded as the most common and straightforward method for allocating the cost of a capital asset. It is determined by merely dividing the asset's cost, less its salvage value, by its usable life.
The steps in calculating a straight line are:
Find out how much the asset costs.To determine the entire depreciable amount, deduct the asset's estimated salvage value from the asset's purchase price.Find out how long the item will be useful.To calculate the annual depreciation amount, multiply the total from steps (2) and (3) by the figure determined in steps (3).To solve the question :
Particulars Amount
Average net income ($360,000/4) (A) $90,000
Average investment ($800,000/2) (B) $400,000
Average rate of return (A/B) × 100 22.5%
Consequently, the average rate of return is determined as 22.5%.
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Which of the following ratios use de-levered net income? (check all that apply)
The following ratio uses de-levered net income option C. return on assets
What is a de-levered net income?Being a shareholder one may wish to determine the return without any effects of interest expense. One needs to adjust the net income to add back the interest expense. This is called as De-Levered Net Income.
De-levered net income is also referred to as pro forma net income. It is a financial measure that reflects the net income of a company after adjusting for the impact of debt on the company's financial statements.
It is calculated by taking the company's net income and adding back any interest expense that is connected with the company's debt, as well as any taxes that are related to the interest expense.
Therefore, the correct answer is as given above
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The complete question goes thus:
Which of the following ratios uses net income from leverage? (check all that apply)
a. Financial Leverage
b. Return on Equity
c. Return on Assets
d. Asset Turnover
e. Return on Sales
which of the following represents the firm's short-run condition for shutting down? group of answer choices shut down if p < atc shut down if tr < tc shut down if tr < fc shut down if tr < vc
d. shut down if TR < VC is the correct answer.
According to the concept of the short run, some inputs will be constant while others will be variable within a specific time frame in the future. It expresses the notion that an economy responds to particular stimuli differently depending on the amount of time it has to do so. The term "short run" does not refer to a precise amount of time but rather to the business, sector, or economic component under investigation. In the short term, enterprises encounter both variable and fixed costs, which implies that output, wages, and prices do not have complete freedom to find a new equilibrium. This is a basic assumption underlying the concept of the short run and the long run.
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cleo's team will be giving a group presentation. which of the following should the team do to ensure a cohesive team presentation? (choose every correct answer.)
While preparation, team members should consult one another regarding the goals.
The main goals and messages of the team should be shared by all members.
What is Team cohesiveness?The capacity of a team to successfully work together toward a single objective is referred to as team cohesion. It also implies that each team member wants to contribute to the success of the group's collaboration. The level of cooperation amongst team members is known as team cohesiveness. When a team is cohesive, everyone is aware of their responsibilities, appreciates their own talents, and is dedicated to the team's overall objectives.
Cohesion within a team must be cultivated because it is not something that most people are naturally good at doing.
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which of the following statements about the accounting for transfers of receivables under ifrs are true? (select all that apply.) check all that apply the focus is simply on whether control of assets has shifted from transferor to transferee. the focus is simply on whether control of assets has shifted from transferor to transferee. transfers of receivables sometimes are treated as a sale of receivables. transfers of receivables sometimes are treated as a sale of receivables. transfers of receivables sometimes are treated as a secured borrowing. transfers of receivables sometimes are treated as a secured borrowing. transfer of substantially all the risk and rewards of ownership is an important consideration.
the accounting for transfers of receivables under ifrs are Bank overdrafts may be offset against other cash accounts when certain conditions are met.
Accounting - What Is It?Accountancy, another name for accounting, is the measurement, processing, and exchange of financial and non-financial information concerning economic entities like corporations and businesses. Accounting is the practise of keeping track of a company's financial transactions. These transactions are summarised, examined, and reported as part of the accounting process to oversight bodies, authorities, and organisations in charge of tax collection.
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July 15 Declared a cash dividend payable to common stockholders of $176,000.
Aug. 15 Date of record is August 15 for the cash dividend declared on July 15.
Aug. 31 Paid the dividend declared on July 15.
Prepare journal entries to record the above transactions for Emerson Corporation.
a. Record the declaration of a cash dividend payable to common stockholders.
b. Record the date of record for the cash dividend.
c. Record the payment of cash dividend.
For July 15 Debit Retained Earnings for $165,000 and Credit Dividend Payable for $165,000.
No Journal entry is required for the Date of record.
For August 31 Debit Dividend Payable for $165,000 and Credit Cash for $165,000
What is Journal?A journal is an academic publication containing articles written by researchers, professors, and other professionals. A journal focuses on a particular field or area of research.Unlike newspapers and magazines, journals are aimed at academic or technical readers rather than general readers. A personal record of events, experiences, and reflections kept regularly diary. Record daily events in a diary. A journal is designed to collect your thoughts and observations about a variety of things and to record your daily events in writing. Then you can better remember what you did, what you thought, and what happened in your youth. A simple journal entry is an accounting entry in which only one account is debited and he is credited to another account. We recommend using simple journal entries as a best practice. Because these inputs are easy to understand.To learn more about Journal from the given link :
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develop a business valuation for williams company for 2019 using the following methods: (1) book value of equity, (2) market value of equity, (3) discounted cash flow (dcf), (4) enterprise value, and (5) all the multiples-based valuations for which there is an industry average multiplier. for the calculation of the dcf valuation, you may use the simplifying assumption that free cash flows will continue indefinitely at the amount in 2019.
When examining a longer-term project with various cash flows, the NPV of the project is calculated as follows: NPV= t=0 \s∑ \sn
(1+i) \stR \st \swhere R t = net cash inflows-outflows in a specific period t i=discount rate or potential return on other investmentst=the number of time intervalsNPV takes into account the time value of money and may be used to evaluate the rates of return of various projects or to compare a predicted rate of return with the hurdle rate necessary to authorize an investment. The discount rate, which may be a hurdle rate for a project depending on a company's cost of capital, represents the time value of money in the NPV formula.
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why do total reserves always equal the value of 1? define the money multiplier (mm) in words and mathematically. explain why banks have a very strong incentive to loan out all excess reserves. how do we calculate a change in the money supply? (write out the equation). assuming a fed injection of money into the economy. calculate the blanks in the following table
The reserve ratio is the percentage of total reserves that a bank has in deposit with the central bank. Since the reserve ratio is less than 1, the money multiplier is necessarily greater than 1.
A one-dollar increase in the monetary base increases the money supply by more than one dollar. An increase in the money supply is the money multiplier. 1. A currency multiplier indicates how many times a loan is issued in an economy and then multiplied when reinvested in another bank.
The money multiplier is then multiplied by the change in excess reserves to determine the total amount of M1 money created in the banking system. The money multiplier indicates the maximum amount by which the money supply can increase due to an increase in the banking system's reserves.
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systems administration work for network funtime company. evaluate their current it infrastructure needs and limitations, then provide at least five process improvements and rationale behind those improvements
Network Funtime Company has a number of issues. First off, HR frequently buys the cheapest laptop for new hires who are not familiar with its hardware. This could save time and company's cash, but a bad concept and will results in lost productivity, employee requires laptop that suit their demands with the necessary specification and features to working properly. Without a budget, businesses frequently wind up wasting their funds. To solve this problem, businesses must set a budget and optimize their buying strategies. The company can also adopt several device tiers based on user requirements.
For example, it may be worth for spring luxury laptops for C-suite execs and dev team, midrange laptops for professional workers, and entry-level laptops for support staff.
Second, there is no inventory tracking system in place at the company.
Third, the business lacks personnel to install and set up its equipment.
The business must have technical help.
Fourth, there is no rigid password requirement that employees must set for their laptops.
If employee passwords are so plainly obvious, the company should be concerned about whether their important information is safe from hackers.
Implement password complexity testing, requiring at least 10 mixed-character passwords in order to improve password security and lower the risk of data breaches.Employee multifactor identification involves employees verifying themselves with numerous pieces of evidence. Provide password vaults, that assist users save and organize passwords.To know more about system administrator role, follow link:
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A small business recaps and sells tires. The business has a revenue function R(x) = 106x and a cost function C(x) = 2,100 + 85X, were (x) represents the number of sets of 4 tires recapped and sold. Find the number of sets of recaps that must be sold to break even.
Tires are recapped and sold by a small firm. The company's revenue function is R(x) = 106x, and its cost function is C(x) = 2,100 + 85X, where (x) is the quantity of sets of four recapped tires that were sold. Breakeven Point:=4
The profit function of a firm is given by the difference between its total revenue function and its total cost function. The breakeven point is the point at which the profit function is equal to zero. In other words, this is the point where the total revenue is equal to the total cost.
106x =2,100 + 85X
106x-85X=2,100
X=2100/21=100
total revenue= 106x=10600
total cost.=2,100 + 85X=2,100 + 8500=10600
TR=P*Q
10600=P*4
=10600/4=2650
Break-Even point (units) = Fixed Costs ÷ (Sales price per unit – Variable costs per unit)
=10600/2650=4
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Zane feels strongly that, when a crisis develops in the cycle shop, he wants to get involved and be engaged with the customer to emphasize primarily to that customer that _____ will occur.
A.written apologies
B.policy changes
C.employee reprimands
D.marketing changes
E.corrective actions
Zane feels that, when a crisis develops in the cycle shop, he wants to get involved and emphasize primarily to that customer that corrective actions will occur.
Taking corrective actions is an important step in the management control process. It occurs when managers set various measures to carry out various business operations. Management control normally includes five steps: setting performance standards, measuring performance, comparing actual performance, analyzing deviations, and taking corrective actions.
The above case mentions the fifth step: taking corrective actions. Sometimes, in businesses, certain situations occur where corrective actions have to be taken, which contains many aspects like changing how various functions are carried out.
Managers must always monitor and control various activities from beginning to their end. In the given situation when Zane engages with the customers he will have first-hand information about the actual crisis.
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If a firm enters into a contract governed by the Uniform Commercial Code in Ohio, it would be operating under _____.
Multiple Choice
federal statutory law
both the federal Uniform Commercial Code and the Ohio (state) Uniform Commercial Code
federal common law
the Ohio (state) Uniform Commercial Code
either the federal Uniform Commercial Code or the Ohio (state) Uniform Commercial Code, at the election of the seller and assuming the seller specifies choice of law in the contract
The correct answer is if a firm enters into a contract governed by the Uniform Commercial Code in Ohio, it would be operating under the Ohio (state) Uniform Commercial Code.
All business transactions in the United States are governed by the UCC, a comprehensive body of legislation and is a uniformly enacted state law rather than a federal one. For interstate business transactions, uniformity of law is important in this field.
Due to the prominence of cross-state business transactions, the objective of state law harmonization is crucial. As an illustration, products might be produced in State A, stored in State B, sold from State C, and delivered to State D.
The UCC succeeded in achieving the objective of significant uniformity in business rules while also giving the states the option to adapt the UCC's wording in accordance with local laws in each state.
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TRUE/FALSE management by exception means that managers focus attention on the most significant differences between actual costs and standard costs.
Management by exception means that managers focus attention on the most significant differences between actual costs and standard costs. The above statement is true.
What are the advantages of standard cost?
The management of the firm utilises these expenses to determine the course of future production and measures to boost operational efficiency.As the standard cost is estimated using various statistical measurements and management expertise, management may come up with new ways to make items that don't need the same kinds of processes by utilising this measure, which lowers the cost of the business.It is used by the management to assess the validity of the real expenditures incurred over the time period. The gap between the standard and real costs aids management in understanding how closely actual costs match expectations and helps it choose its next course of action.To study more about standard cost.
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In the United States approximately 80 percent of millionaires did not inherit their wealth. According to lecture, this
statement is an example of:
(1) Transitory income.
(2) Permanent income.
(3) The effectiveness of government anti-poverty programs.
(4) Economic mobility
If the 80 percent millionaires of United States did not inherit their wealth, then this is an example of (4) Economic mobility.
Economic mobility is defined as the change in a person's or family's income over some time duration. It is considered that the best way to increase the mobility is through education. There are two types of economic mobility: absolute and economic.
Wealth is defined as large amounts of money or property owned by an individual. The property owned must have a money value to be considered as wealth. Wealth can be considered as a comparative value between two person or family or even countries.
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Which of the following best describes the goal of Monetary Policy?
a. Controlling taxes
b. Controlling the national debt
c. Controlling the money supply
d. Stopping inflation
The objective of monetary policy is best summed up as controlling the money supply. Ans. C
What is monetary policy's primary objective?The Federal Reserve must implement monetary policy "so as to effectively achieve the objectives if maximum employment, price stability, including moderate long-term interest rates," according to the Federal Reserve Act.The legislation specifies three different monetary policy objectives, but the Fed's mandate regarding fiscal policy is frequently.
What are the six monetary policy objectives?Price stability, development, equity, social justice, and the promotion and creation of new financial and financial organizations have all been underlined by the Chakravarty committee as being key goals of Indian monetary policy.
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