The correct answer is True. Reasons for issuing preferred shares include sacrifice of control, potential to increase return to common shareholders, appeal to potential investors, and market price of common shares may be too high.
What are preferred shares?
Preferred shares are a type of capital stock that typically pays dividends at a fixed rate to its shareholders. The shares are sometimes referred to as "preferreds" or "prefs." They differ from common stock in that they often don't have voting rights.
What is the function of preferred shares?
The purpose of preferred stock is to provide issuers with access to capital without sacrificing the management of the business. In contrast to equity, preferred stock has the benefit of fixed dividends and a higher claim on assets in the event of liquidation.
Benefits of issuing preferred shares: The company retains control, whereas debt financing usually results in some kind of dilution of ownership. In the event of a liquidity crisis, preferred shares are a cheaper alternative than raising equity. It is feasible to use preferred stock to obtain a higher credit rating because preferred shares have fixed dividends that must be paid even when the company is experiencing losses. It is preferred by investors who want to receive stable and predictable dividends.
To know more about management visit:
https://brainly.com/question/32216947
#SPJ11
Where would you' go to enter tax payments (made in this year, but before you began using QuickBooks Online Payroll) one at a time? Payroll > Compliance > Payroll Settings > Prior Tax History > Add Payment Payroll > Compliance > Payroll Tax > Prior Tax History > Add Payment Taxes > Payroll Tax > Payments > Tax Payment History > Add Payment Taxes > Payroll Tax > Payments > Prior Tax History > Add Payment
If a business is using QuickBooks Online Payroll to handle their tax filings and payments, they can still enter tax payments made prior to starting with QuickBooks Online Payroll. In QuickBooks Online Payroll, to enter tax payments one at a time, you would go to Taxes > Payroll Tax > Payments > Prior Tax History > Add Payment.
There are a few steps you need to take to add these payments: Go to Taxes from the left menu. Select Payroll Tax. Choose Payments. Click Prior Tax History. Select Add Payment. Enter the details about the payment you made to the tax agency.
Click Save. Once you've done this, QuickBooks Online Payroll will use this information to help ensure that the correct tax amounts are reflected in your future tax filings.
To know more about Payroll visit:
https://brainly.com/question/33033469
#SPJ11
Regarding reducing WACC,
Which types of stock (eg common, preferred, callable etc ) would
a firm issue for lowest cost of capital. Likewise, what types of
debt would give the lowest cost of capital re
For the lowest cost of capital, a firm would issue common stock and long-term debt.
To minimize the cost of capital, a firm would typically issue common stock and long-term debt. Common stock represents ownership in the company and does not have a fixed dividend or maturity date, making it a less costly source of financing compared to preferred stock, which has a fixed dividend obligation. Long-term debt, such as bonds, offers a fixed interest rate and a specified repayment schedule, providing more certainty to investors and typically resulting in lower interest costs compared to short-term debt. Callable stock or debt, on the other hand, may have higher costs since it gives the issuer the right to call back or redeem the securities before maturity, introducing additional risk for investors. Overall, common stock and long-term debt are commonly used to achieve a lower weighted average cost of capital (WACC) for the firm.
learn more about cost of capital here:
https://brainly.com/question/29489546
#SPJ11
collaborative crm provides all the following customer communication enhancements except __________. a. Better understanding of customer history
b. Better customer service from any touch point
c. Reduced communication barriers
d. Better understanding of customer current needs
e. Less customer interaction with the company
e. Less customer interaction with the company. Collaborative CRM is a customer relationship management approach that emphasizes improved communication and collaboration with customers.
It aims to enhance customer interactions and build stronger relationships. While the other options (a, b, c, and d) are benefits of collaborative CRM, option e is incorrect. Collaborative CRM does not aim to reduce customer interaction with the company; instead, it focuses on improving customer engagement and communication. By providing a better understanding of customer history, current needs, and reducing communication barriers, collaborative CRM enables more effective and personalized customer service across various touch points. This approach aims to foster closer relationships with customers rather than minimizing interaction with them.
Learn more about Collaborative here:
https://brainly.com/question/32840202
#SPJ11
Jonczyk Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $451,000, has an expected useful life of 11 years and a salvage value of zero, and is expected to increase net annual cash flows by $74,000. Project B will cost $288,000, has an expected useful life of 11 years and a salvage value of zero, and is expected to increase net annual cash flows by $50,000. A discount rate of 9% is appropriate for both projects
Calculate the net present value and profitability index of each project.
Project A project B
net present value _________
profitability index _
Net Present Value (NPV): This technique calculates the present value of expected future cash flows, discounted at a specified cost of capital.
If NPV is positive, the investment is considered acceptable, whereas if it is negative, the investment should be rejected. Project A:
[tex]NPV of Project A = - $451,000 + PV of net annual cash inflows[/tex]
[tex]PV of net annual cash inflows = $74,000 [((1- (1/ (1+0.09)^11))/0.09)]= $596,792.33[/tex]
[tex]NPV of Project A = - $451,000 + $596,792.33 = $145,792.33[/tex]
[tex]Project A has a positive NPV, hence it is acceptableProject B:[/tex]
[tex]NPV of Project B = - $288,000 + PV of net annual cash inflows[/tex]
[tex]PV of net annual cash inflows = $50,000 [((1- (1/ (1+0.09)^11))/0.09)]= $404,332.45[/tex]
[tex]NPV of Project B = - $288,000 + $404,332.45 = $116,332.45[/tex]
Project B has a positive NPV, hence it is acceptable Profitability Index: It is the ratio of present value of net cash inflows of the proposal to the initial cash outflow.
Project A:
[tex]Profitability Index of Project A = PV of net annual cash inflows / Initial cash outflow[/tex]
[tex]Profitability Index of Project A = $596,792.33 / $451,000 = 1.32[/tex]
[tex]Project A has a profitability index of 1.32Project B:[/tex]
[tex]Profitability Index of Project B = PV of net annual cash inflows / Initial cash outflow[/tex]
[tex]Profitability Index of Project B = $404,332.45 / $288,000 = 1.41[/tex]
[tex]Project B has a profitability index of 1.41.[/tex]
To know more about technique visit:
https://brainly.com/question/31609703
#SPJ11
If the market price is $1.00, what is the consumer surplus on the third burrito? A) $0.50 B) $1.00 C) $1.50 D) $7.50
The consumer surplus on the third burrito, with a market price of $1.00, is option C) $1.50.
Consumer surplus is the difference between the price consumers are willing to pay and the actual price they pay for a product or service. In this case, if the market price is $1.00 and the consumer is willing to pay $2.50 for the third burrito, the consumer surplus would be $1.50. Consumer surplus is a measure of the additional value or benefit that consumers receive by paying less than their maximum willingness to pay. In this scenario, the consumer gains a surplus of $1.50 for each burrito, indicating that they perceive the value of the third burrito to be higher than the market price. This surplus arises because the consumer is able to purchase the burrito at a lower price than what they consider its worth. Consumer surplus is an important concept in economics as it captures the net benefit consumers derive from a transaction. It represents the area between the demand curve and the price line, indicating the value consumers receive above and beyond what they actually pay.
To learn more about consumer surplus, Click here:
https://brainly.com/question/29025001
#SPJ11
Which of the following statements is false?
A) There is a need to calculate the cost of capital for the project's cash flows if a project's risk and leverage differ from those for the firm overall.
B) There is no need to calculate the cost of capital for the project's cash flows if a project's risk and leverage are the same as those for the firm overall.
C) There is no need to calculate the cost of capital for the project's cash flows if a project's risk and leverage differ from those for the firm overall.
D) None of the above.
The false statement from the following is C) There is no need to calculate the cost of capital for the project's cash flows It's critical to consider the expense of capital in addition to the initial cost of setting up a firm and the ongoing operational costs of maintaining it.
Capital can come in the form of debt or equity. For the project's cash flows, there is a requirement to calculate the cost of capital if the project's risk and leverage differ from those of the firm overall. The cost of capital is the total expense of obtaining the money a company requires to stay in business. The cost of capital is influenced by a variety of factors, including the amount of risk connected with the investment and the rate at which the investment will produce earnings. Companies' cost of capital calculations must take into account the economic climate in which they operate. The cost of capital can be calculated as a percentage of the total capital required by the company.Therefore, option C) There is no need to calculate the cost of capital for the project's cash flows if a project's risk and leverage differ from those for the firm overall is a false statement.
To know more about obtaining visit:
https://brainly.com/question/2075542
#SPJ11
What are the advantages of a graduate degree compared to a Bachelor's degree?
What is the most important characteristic of the plan for lifelong learning?
What are the phases needed for examining and designing a software design for a new project? Give your own example.
The website would need to have a user-friendly interface, a secure payment gateway, and robust inventory management. The design would need to accommodate different types of users and be easily scalable as the business grows.
Advantages of a graduate degree compared to a Bachelor's degree:
Advanced knowledge: Graduate students typically gain more knowledge than bachelor’s degree holders. Graduate-level courses explore more advanced and complex topics, and the learning experience is typically more immersive and practical.
Career opportunities: Graduate degrees increase career opportunities in fields such as medicine, law, psychology, business, engineering, education, and many more.
Research opportunities: Graduate degrees provide students with access to research opportunities and resources that are not available to bachelor’s degree students.
Prestige: Graduate degree programs are generally viewed as more prestigious than bachelor’s degree programs, and they are often preferred by employers. The most important characteristic of the plan for lifelong learning is the ability to adapt. Lifelong learning plans must be flexible to be effective. Individuals must be able to adapt to changes in technology and other fields to maintain their skills and knowledge. They should also be able to adjust their goals as their interests and priorities change.
Phases needed for examining and designing a software design for a new project:
1. Planning: The first phase is planning. This is the stage when the requirements of the software are identified and documented. This includes a review of the current system, gathering feedback from stakeholders, identifying potential issues, and more.
2. Design: In the design phase, the actual software is designed. This includes defining the architecture, identifying the components, creating a user interface, and other activities.
3. Implementation: Implementation is when the actual coding of the software begins. Developers work on individual modules and components of the software and test them as they go along.
4. Testing: Once all the modules and components are completed, the software is tested. This includes unit testing, integration testing, system testing, and acceptance testing.
5. Deployment: The final phase is deployment. This is when the software is released to the end-users. Developers may also provide post-deployment support and maintenance. An example of a software design for a new project is a website for an e-commerce company.
To know more about the management, visit:
https://brainly.com/question/17640752
#SPJ11
Pardue Pharma's L.P. COSO and COBIT framework for internal
control? Please make sure to be detailed when listing all parts of
the frame work related to the OxyContin scandal.
Advanced Accounting
Purdue Pharma's L.P. COSO and COBIT framework for internal control
In response to the question, Purdue Pharma, the creator of OxyContin, is responsible for promoting its drug as non-addictive to doctors and the general public. Pardue Pharma’s L.P. COSO and COBIT framework for internal control are as follows:
COSO framework
The COSO framework was developed to assist companies in developing and monitoring their internal control systems. The COSO framework includes five components, which are as follows:
1. Control Environment: This includes the company's control environment, management's approach to risk management, and the company's culture.
2. Risk Assessment: Risk assessment is the process of identifying potential risks and assessing the likelihood of their occurrence.
3. Control Activities: Control activities are policies and procedures designed to ensure that risk mitigation strategies are effective.
4. Information and Communication: Information and communication refer to the systems used to ensure that the company's internal controls are functioning effectively.
5. Monitoring: Monitoring involves the company's monitoring process to ensure that the internal controls are functioning correctly.
COBIT framework
The COBIT framework is a process-driven framework for IT governance and management. COBIT provides a framework for the development of policies and procedures, as well as the management of IT systems. COBIT focuses on the following five key areas:
1. Planning and Organisation: This includes the development of policies and procedures, as well as the management of IT systems.
2. Acquisition and Implementation: This involves the acquisition of IT systems and the implementation of those systems.
3. Delivery and Support: This involves the delivery of IT services and the support of those services.
4. Monitoring and Evaluation: This includes the monitoring of IT systems and the evaluation of their performance.
5. Review and Improvement: This involves the review of IT systems and the implementation of improvements.
Purdue Pharma has failed to follow the COBIT and COSO framework, which has led to the OxyContin scandal. The company's lack of oversight and internal controls allowed it to misrepresent its product, OxyContin, as a safe and non-addictive painkiller. As a result, thousands of people have become addicted to the drug, leading to a public health crisis.
Learn more about The COSO framework: https://brainly.com/question/28289993
#SPJ11
Test Company projected the following unit sales for the next five quarters.
Unit sales
Year 1, Quarter 1
1,000
Year 1, Quarter 2
1,200
Year 1, Quarter 3
1,500
Year 1, Quarter 4
2,000
Year 2, Quarter 1
1,000
The company’s policy is to have 25% of the following quarter’s projected sales in ending finished goods inventory. The beginning inventory in Year 1 is expected to satisfy the inventory policy.
Each unit required 2 lbs. of direct materials. Projected direct materials cost is $5.00 per lb. The company’s policy is to have 20% of the following quarter’s production needs in ending raw materials inventory. The beginning inventory in Year 1 is expected to satisfy the inventory policy.
Determine the total units to be produced in Year 1.
We must compute the production requirements for each quarter and add them up to determine the total units that must be produced in Year .
We may determine the production requirements by calculating the estimated unit sales for each quarter as follows:Year 1, Quarter 1: Unit Sales: 1,000 Ending Finished Goods Inventory: 1,200 * 0.25 = 300 (Representing 25% of Quarter 2 Sales)Unit sales plus ending finished products inventories equals production needs of 1,300 units.
Year 1, Quarter 2: 1,200 units soldEnding completed products inventory: 1,500 * 0.25 = 375 (25% of Quarter 3 sales).Production requirements are 1,200 units sold plus 375 of the final completed goods inventory, or 1,575.
learn more about production here :
https://brainly.com/question/30333196
#SPJ11
Recall that Social Security is funded through payroll taxes levied on both employers and employees. Suppose a politician were to state that since large corporations can better afford paying such taxes, the payroll tax levied on employees should be shifted to employers. Would this change cause the economic burden of the tax to be shifted from employees to employers? Explain your response.
Social Security is an entitlement program in the United States that provides financial assistance to qualified individuals. This program is funded by payroll taxes levied on both employers and employees. A politician suggests that the payroll tax levied on employees should be shifted to employers since large corporations can better afford paying such taxes.
Yes, the economic burden of the tax would be shifted from employees to employers if the payroll tax levied on employees were shifted to employers. The economic burden of the tax is determined by who ultimately pays the tax. The tax burden can be shared by both the employer and employee or it can be entirely borne by one party. When a tax is levied on employees, the employer can bear a portion of the burden by reducing wages or salaries. However, this is not always possible,
and in many cases, the employee will bear the entire burden of the tax.In contrast, when a tax is levied on employers, the employer is responsible for paying the tax, and it is not passed on to the employee. In this way, the economic burden of the tax is shifted from employees to employers. A shift in the payroll tax from employees to employers would reduce the financial burden on employees and increase the burden on employers. This change would result in employers paying a higher amount of tax and possibly reducing employee wages to compensate for the increased tax burden. Therefore, such a shift would affect both employers and employees and not just the large corporations.
To know more about Security visit:
https://brainly.com/question/32133916
#SPJ11
Write True or False and explain briefly
1- Consider a firm in a perfectly competitive market.There are situations where it is optimal for the firm to continue operating in the short-run , but shut down in the long-run.
2- Consider a firm in a perfectly competitive market.There are situations where it is optimal for the firm to shut-down in the short-run , but continue to operate in the long-run.
In the long-run, firms have the flexibility to adjust their production levels and exit the market if they cannot cover their costs. Therefore, if a firm shuts down in the short-run, it is unlikely to continue operating in the long-run.
In a perfectly competitive market, a firm may choose to continue operating in the short-run even if it is not making a profit, as long as it can cover its variable costs. This is because in the short-run, firms are only concerned with covering their variable costs and minimizing losses. However, in the long-run, all costs become variable, including fixed costs. If a firm cannot cover its total costs, including both variable and fixed costs, it would be optimal to shut down in the long-run to minimize losses. In a perfectly competitive market, if a firm decides to shut down in the short-run, it means that it cannot cover its variable costs and is incurring losses. In such a situation, it would not be optimal for the firm to continue operating in the long-run, as it would continue to incur losses on both variable and fixed costs.
learn more about flexibility here:
https://brainly.com/question/31988163
#SPJ11
What is the "Price Elasticity of Demand" and
what is its role in Microeconomics? (50 words or more)
what role does "Price Elasticity" play when computing
"Total Revenue?" (50 words or more)
Price Elasticity of Demand is a measure of the responsiveness of the demand for a particular good or service to a change in its price. In other words, it indicates how much the quantity demanded of a good changes when there is a change in its price. Price elasticity of demand can be expressed mathematically as follows:
Price Elasticity of Demand = (% Change in Quantity Demanded) / (% Change in Price)
In microeconomics, price elasticity of demand plays a crucial role in understanding how consumers respond to changes in prices. It helps businesses and policymakers to make better decisions related to pricing and marketing strategies. For instance, if the price elasticity of demand for a product is high, then the demand for that product will be very responsive to changes in its price. On the other hand, if the price elasticity of demand is low, then the demand will not be very responsive to price changes.
When computing total revenue, the concept of price elasticity plays an important role. Total revenue is the amount of money that a firm earns from selling its products or services. The formula for total revenue is:
Total Revenue = Price x Quantity
If a firm increases the price of its product and the demand for that product is inelastic (i.e., price elasticity of demand is low), then the total revenue of the firm will increase. This is because the increase in price will more than offset the decrease in quantity demanded. On the other hand, if the demand for the product is elastic (i.e., price elasticity of demand is high), then the total revenue of the firm will decrease when the price is increased. This is because the decrease in quantity demanded will more than offset the increase in price.
Thus, price elasticity of demand is an important concept in microeconomics that helps businesses and policymakers to make better decisions related to pricing and marketing strategies. It plays a critical role in computing total revenue and understanding the behavior of consumers in response to changes in prices.
To know more about responsiveness visit :
https://brainly.com/question/9874005
#SPJ11
on its december 31, year 2, balance sheet, shin co. had income taxes payable of $13,000 and a current deferred tax asset of $20,000 before determining the need for a valuation account. shin had reported a current deferred tax asset of $15,000 at december 31, year 1. no estimated tax payments were made during year 2. at december 31, year 2, shin determined that it was more likely than not that 10% of the deferred tax asset would not be realized. in its year 2 income statement, what amount should shin report as total income tax expense?
Income taxes are levied against individuals or groups based on their earnings or profits. Income taxes are typically calculated using tax rates multiplied by taxable income. Depending on a taxpayer's characteristics and income source, tax rates may vary.
The government levies income taxes on both individuals and corporations based on the revenue they generate over a fiscal year. The government considers taxes collected from citizens and companies as a source of income.
Governments apply income taxes on the income produced by people and businesses within their authority. Public services, debt obligations, and the provision of products for citizens are all paid for using income tax.
Learn more about the Income Tax here:
https://brainly.com/question/21595302
#SPJ4
Yokam Company is considering two alternative projects. Project 1 requires an Initial investment of $530,000 and has a present value of all its cash flows of $1,850,000. Project 2 requires an initial investment of $5 million and has a present value of all its cash flows of $6 million. (a) Compute the profitability index for each project. (b) Based on the profitability index, which project should the company select? Complete this question by entering your answers in the tabs below. Compute the profitability index for each project.
To compute the profitability index for each project, we need to divide the present value of all cash flows by the initial investment for each project.
Given:
Project 1:
Initial investment: $530,000
Present value of all cash flows: $1,850,000
Project 2:
Initial investment: $5,000,000
Present value of all cash flows: $6,000,000
(a) Profitability Index Calculation:
Project 1:
Profitability Index = Present value of all cash flows / Initial investment
Profitability Index for Project 1 = $1,850,000 / $530,000 ≈ 3.491
Project 2:
Profitability Index = Present value of all cash flows / Initial investment
Profitability Index for Project 2 = $6,000,000 / $5,000,000 = 1.2
(b) Based on the profitability index, the company should select Project 1. The higher the profitability index, the more attractive the project. In this case, Project 1 has a higher profitability index (3.491) compared to Project 2 (1.2), indicating that Project 1 provides a higher return on investment relative to its initial cost.
Learn more about cost here:
https://brainly.com/question/14566816
#SPJ11
E14-14 The following information is available for Aikman Company Prepare a cost of goods manufactured schedule and a partial income statement. (LO 3), AP January 1, 2022 2022 December 31, 2022 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales revenue $21,000 13,500 27,000 $30,000 17,200 21,000 $150,000 220,000 180,000 910,000 Instructions (a) Compute cost of goods manufactured. (b) Prepare an income statement through gross profit. (c) Show the presentation of the ending inventories on the December 31, 2022, balance sheet. (d) How would the income statement and balance sheet of a merchandising company be different from Aikman's financial statements?
We can compute cost of goods manufactured, income statement through gross profit and presentation of gross profit in the following ways:
a)Aikman Company
Cost of Goods Manufactured Schedule
Particulars $ $ $
Work in process inventory, 1/1 13500
Direct Materials: 21000
Raw Materials Inventory, 1/1 150000
Add: Materials Purchased 171000
Materials Available for Use 30000
Less: Raw Materials inventory, 12/31 141000
Direct Materials Used 220000
Direct labor 180000
Manufacturing Overheads 541000
Total Manufacturing costs 554500
Total Cost of Work in process inventory 17200
Less: Work in process inventory, 12/31 537300
b)Aikman Company.
Income Statement (Partial)
For the Year Ended December 31, 2020
Particulars $ $
Sales Revenue 910000
Less: Cost of goods sold
Finished goods inventory, 1/1 27000
Add: Cost of goods manufactured 537300
Cost of goods available for sale 564300
Less: Finished goods inventory, 12/31 21000
Cost of goods sold 543300
Gross profit 366700
c)Aikman Company.
(Partial) Balance Sheet
December 31, 2020
Particulars $ $
Current Assets
Inventories 21000
Finished goods 17200
Work in process 30000
Raw Materials 68200
d)A merchandising company's income statement includes the cost of purchases rather than the cost of things manufactured. Because there is no manufacturing of items, the cost of goods manufactured does not need to be computed in the merchandising company. The merchandising company's inventory consists solely of completed goods inventory. There is no inventory of raw materials or work in progress.
Learn more about gross, here:
https://brainly.com/question/33973104
#SPJ4
Roger contracts to paint Mrs. White's house for $500. Afterwards Roger informs Mrs. White that he has won the lottery and does not intend to ever pick up a paintbrush again. Mrs. White then hires David to paint the house for $750 and sues Roger for the increased cost ($250) of hiring David to paint her house. Mrs. White is seeking:
Group of answer choices
A. loss in value damages (compensatory)
B. consequential damages
C. punitive damages
D. liquidated damages
Kim and Jeff went to college together at E.O.U. Kim moves to Portland after graduation and Jeff remains in La Grande. Kim starts a successful business and during a telephone conference tells Jeff that she is shorthanded and would pay him union scale if he came to work for her. Jeff quits his job in La Grande, rents a U-Haul and moves to Portland. However, when he shows up at Kim's office, she informs him that she just lost a major customer and cannot hire any new employees at present. Jeff sues to enforce their agreement. A court will most likely hold that the agreement:
Group of answer choices
A. was unenforceable because of the parole evidence rule.
B. was unenforceable because it was not put into writing.
C. was enforceable under the U.C.C.
D. was enforceable based on promissory estoppel.
Answer: Mrs. White is seeking consequential damages. In the given case, Roger contracts to paint Mrs. White's house for $500. However, Roger informs Mrs. White that he has won the lottery and does not intend to ever pick up a paintbrush again.
Then Mrs. White hires David to paint the house for $750 and sues Roger for the increased cost ($250) of hiring David to paint her house. Consequential damages are damages that are awarded to compensate for damages that have resulted from an action.
They are often called special damages because they are unique to each situation. In this case, Mrs. White incurred damages as a direct result of Roger's breach of the painting contract. Therefore, Mrs. White is seeking consequential damages.
Further Explanation: The contract is the agreement between two parties to do something in exchange for something else. It is a legally binding agreement, and if either party breaches the contract, the other party may be entitled to damages.
Damages are the legal remedy for a breach of contract, and they are designed to put the non-breaching party in the position they would have been in if the contract had been performed. There are several types of damages that may be awarded for a breach of contract.
To know more about consequential visit:
https://brainly.com/question/24021386
#SPJ11
Green Vehicle Inc., manufactures electric cars and small delivery trucks. It has just opened a new factory where the C1 car and the T1 truck can both be manufactured. To make either vehicle, processing in the assembly shop and in the paint shop are required. It takes 1/40 of a day and 1/60 of a day to paint a truck of type T1 and a car of type C1 in the paint shop, respectively. It takes 1/50 of a day to assemble either type of vehicle in the assembly shop. A T1 truck and a C1 car yield profits of $ 325 and $ 280 respectively, per vehicle sold. optimal solution? Number of trucks to be produced per days? number of cars to be produced.
Green Vehicle Inc. is manufacturing electric cars and small delivery trucks. They recently opened a new factory, where both C1 car and T1 truck can be produced. To make either vehicle, processing in the assembly shop and in the paint shop are required.
It takes 1/40 of a day and 1/60 of a day to paint a truck of type T1 and a car of type C1 in the paint shop, respectively. It takes 1/50 of a day to assemble either type of vehicle in the assembly shop. A T1 truck and a C1 car yield profits of $325 and $280 per vehicle sold, respectively. The number of trucks and cars produced per day for the optimal solution is required to be calculated.
Let us solve this problem.
Let x be the number of T1 trucks produced and y be the number of C1 cars produced per day.
Therefore, the objective function of the given problem is:
Maximize P = 325x + 280y
Also, the constraints of the problem are:
1/40x + 1/60y ≤ 80 (paint shop time constraint)1/50x + 1/50y ≤ 80 (assembly shop time constraint)x ≥ 0, y ≥ 0 (non-negativity constraint)
Now, we need to graph the given constraints in order to get the optimal solution.
The graph of the given constraints is shown below:
Now, we need to find the points of intersection of these lines and check which one of these points maximize the objective function P.
We can find the points of intersection by solving the equations of the lines. The equations of the lines are:
1/40x + 1/60y = 801/50x + 1/50y = 80
The solution of these equations is: x = 960, y = 720
Therefore, the optimal solution is achieved when 960 trucks and 720 cars are produced per day.
To know more about manufacturing visit :
https://brainly.com/question/32717570
#SPJ11
4 Jamilah recently was asked by her manager to plan and conduct a two-days training course on the pedagogy of teaching online students. The training will be delivered in one month time to a group of 40 lecturers from a community college nearby. She is very well versed in online teaching and the supervisor felt that she would do a good job since she recently had attended a refresher course on technology-based training methods. Jamilah started her preparation by observing another senior trainer delivering a similar training course, read through the training materials several times, looked through materials from previous courses conducted by the other trainers and tried to think of some creative activities she could include in the course. Jamilah sat down with the materials on online pedagogy and started to plan for her course. She knew that she would need some notes, so she developed a set of trainer's notes. She even put some of her notes on a handout to give to those she would be training. Jamilah knew that it was important that she be clear, so she practised reading her notes in a clear voice. She also planned to stop periodically and ask if the participants had any questions. The day of the training finally arrived. During her first session, Jamilah noticed that the participants were not paying attention to her presentation. There were no questions being asked and the participants looked bored and distracted. After the presentation, the participants left the room for a break. Jamilah had a feeling that her first presentation was a failure. She wondered if agreeing to deliver the course was a good decision and she dreaded the next one and a half day that she has to go through to complete the training. Questions: a. Based on the scenario above and the principles relating to training design, describe TWO (2) training mistakes that Jamilah as a trainer has committed. (4 Marks) b. What should Jamilah have done to prevent these mistakes? Provide TWO (2) recommendations that Jamilah could adopt and apply to make her training session more interesting and engaging. (6 Marks) c. If Jamilah were asked by the college administrator to assist them in evaluating the training. elaborate on the following: i. The TWO (2) outcomes to be collected from the training and the measurement methods that she could use. (4 Marks) ii. The most suitable evaluation design to assess the two-day training.
a. Based on the scenario above and the principles relating to training design, describe TWO (2) training mistakes that Jamilah as a trainer has committed.Mistake 1: Jamilah relied heavily on traditional training methods.Mistake 2: Jamilah was not inclusive of participants' ideas.
b.Provide TWO (2) recommendations that Jamilah could adopt and apply to make her training session more interesting and engaging.1. For the training course, a mix of instructional techniques should be employed to cater to a diverse audience, which may include older people, and people who are more visual or auditory learners.2. Jamilah should have a pre-training needs evaluation survey that participants could fill out before attending the course. These surveys might be used to help the trainer customize the course and build rapport with the audience.
c. If Jamilah were asked by the college administrator to assist them in evaluating the training, elaborate on the following:i. The TWO (2) outcomes to be collected from the training and the measurement methods that she could use.Outcome 1: The course's effectiveness in enhancing online teaching skills.Measurement method: Feedback questionnaires from the participants could be used to determine the course's effectiveness in developing online teaching skills.Outcome 2: The amount of participation by the participants.
To know more about administrator visit:
https://brainly.com/question/31844020
#SPJ11
a receipt for a payment received from the insurance company of $1800 was recorded in the wrong side of the cash book? how do we correct it in the cashbooks / bank reconciliation statement.
If a receipt for a payment received from the insurance company of $1800 was recorded on the wrong side of the cash book.
You can correct it by following these steps: Identify the error: Determine whether the receipt was incorrectly recorded as a debit or credit entry in the cash book.
Determine the correct side: Based on the nature of the transaction (receipt), determine the correct side of the cash book where the entry should have been recorded. Receipts are typically recorded on the credit side of the cash book.
Reverse the incorrect entry: Make the necessary adjustment to correct the error. In this case, you will reverse the entry that was recorded on the wrong side by debiting or crediting the respective cash book account and crediting or debiting the correct side.
For example, if the receipt was erroneously recorded as a debit entry on the debit side of the cash book, you would:
Debit the cash book account on the debit side for $1800.
Credit the cash book account on the credit side for $1800.
This adjustment effectively cancels out the initial incorrect entry.
Update the bank reconciliation statement: If the cash book is used to reconcile with the bank statement, make sure to reflect the corrected entry in the bank reconciliation statement. Include the correction in the appropriate section (e.g., outstanding deposits or withdrawals) to ensure the bank statement balance matches the corrected cash book balance.
It's important to maintain accurate records and document the correction to ensure the cash book and bank reconciliation statements are in alignment.
Learn more about cash book here:
https://brainly.com/question/19671963
#SPJ11
Caro Manufacturing has two production departments, Machining and Assembly, and two service departments, Maintenance and Cafeteria. Direct costs for each department and the proportion of service costs used by the various departments for the month of August follow:
Proportion of Services Used by
Department Direct Costs Maintenance Cafeteria Machining Assembly
Machining $ 97,000
Assembly 72,400
Maintenance 44,800 — 0.2 0.5 0.3
Cafeteria 36,000 0.8 — 0.1 0.1
Assume that both Machining and Assembly work on just two jobs during the month of August: CM-22 and CM-23. Costs are allocated to jobs based on machine-hours in Machining and labor-hours in Assembly. The number of labor- and machine-hours worked in each department are as follows:
Machining Assembly
Job CM-22: Machine-hours 360 60
Labor-hours 50 40
Job CM-23: Machine-hours 20 30
Labor-hours 30 340
Required:
How much of the service department costs allocated to Machining and Assembly in the direct method should be allocated to Job CM-22? How much should be allocated to Job CM-23?
The service department cost allocated to Job CM-22 using the direct method is $8,960 (Maintenance) + $3,600 (Cafeteria) = $12,560. The service department cost allocated to Job CM-23 using the direct method is $13,440 (Maintenance) + $3,600 (Cafeteria) = $17,040.
To determine the allocation of service department costs to Job CM-22 and Job CM-23 using the direct method, we need to apply the proportions of service costs used by the Machining and Assembly departments. Here's how we can calculate the allocations:
Step 1: Calculate the allocation of Maintenance costs to Job CM-22 and Job CM-23:
Maintenance costs allocated to Job CM-22:
Allocation = Maintenance costs * Proportion used by Machining in Maintenance
Allocation = $44,800 * 0.2
Maintenance costs allocated to Job CM-23:
Allocation = Maintenance costs * Proportion used by Assembly in Maintenance
Allocation = $44,800 * 0.3
Step 2: Calculate the allocation of Cafeteria costs to Job CM-22 and Job CM-23:
Cafeteria costs allocated to Job CM-22:
Allocation = Cafeteria costs * Proportion used by Machining in Cafeteria
Allocation = $36,000 * 0.1
Cafeteria costs allocated to Job CM-23:
Allocation = Cafeteria costs * Proportion used by Assembly in Cafeteria
Allocation = $36,000 * 0.1
Now, let's perform the calculations:
Maintenance costs allocated to Job CM-22:
Allocation = $44,800 * 0.2 = $8,960
Maintenance costs allocated to Job CM-23:
Allocation = $44,800 * 0.3 = $13,440
Cafeteria costs allocated to Job CM-22:
Allocation = $36,000 * 0.1 = $3,600
Cafeteria costs allocated to Job CM-23:
Allocation = $36,000 * 0.1 = $3,600
Learn more about department cost here:
https://brainly.com/question/15171376
#SPJ11
Assume a merchandising company provides the following
information from its master budget for the month of May:
Sales
$ 236,000
Cost of goods sold
$ 81,500
Cash paid for merchandise purchases
$
In May, sales were $236,000, cost of goods sold was $81,500, and cash was paid for merchandise purchases (exact amount unknown).
The merchandiser recorded sales of $236,000 during the month of May. The cost of products sold, or the direct costs incurred in obtaining or producing the sold commodities, came to $81,500. Additionally, although the sum was not specified in the documents, the corporation paid cash for its purchases of goods. The money used by the business to purchase inventory or commodities for resale is referred to as the cash paid for merchandise purchases. For the purpose of keeping inventory levels high and meeting consumer demand, this spending is essential. However, it is difficult to offer more analysis or insights into the company's purchasing activity without knowing the precise sum.
Learn more about merchandise here:
https://brainly.com/question/31977819
#SPJ11
Recently, SPl-X has realized all this new work they have received has put-their cash fow into a negative amount and the year-end is only a few weeks away. The compary needs the cash to get through this temporary situation. However, the company did recelve several loans duing COVD to help with working capital and new loans would be outside the companies Debt to Equify ratio required as part of their loan covenants. The company had a sharehofder meeting and they decided that they would use SPl-L purchase irventory and with this transaction this company could use the sale as collateral to go to a different institution and receive a loan. The money was then lent back to SPI-X. The intent is to buy back the inventory plus financing and any oshers costs to SPl-L.
The company has already received loans during COVID to aid with new loans and working capital, but the new loans would exceed the company's Debt to Equity ratio, which is required as part of their loan covenants.
SPI-X is facing cash flow issues because of the new work they have received.
Their year-end is coming in a few weeks, and they need cash to handle the situation.
The company has held a shareholder meeting, and they have decided to buy inventory from SPl-L.
In this transaction, the company would be able to use the sale as and obtain a collateral loan from a different institution. They would then lend the money back to SPI-X.
The purpose is to purchase the inventory along with financing and any other associated costs to SPl-L.
This approach is beneficial because the new loan wouldn't exceed the company's Debt to Equity ratio, which is a requirement of the loan covenants.
The company can borrow money by using its inventory as collateral, which is a reasonable option in a difficult financial situation.
The company would be able to repay the loan in due course, and it wouldn't be required to breach the loan covenants.
Therefore, buying inventory and obtaining a loan from a different institution is a sound financial strategy for SPI-X to overcome their temporary cash flow issues.
To know more about COVID visit:
https://brainly.com/question/33542531
#SPJ11
A start up company is going to make a loss in 2018. The possible loss of the company in 2018 is normally distributed N(μ,σ) with a mean of 10 million TL. If Value at Risk of this company for 2018 with 95% confidence interval is 12.467.500 TL then calculate VaR with 90% confidence interval.
Given that the possible loss of a startup company in 2018 is normally distributed N(μ, σ) with a mean of 10 million TL, and the Value at Risk (VaR) of the company for 2018 with 95% confidence interval is 12,467,500 TL.
We are supposed to calculate the VaR with a 90% confidence interval.
To calculate the VaR with a 90% confidence interval, we need to find the z-value of the 90% confidence level since the distribution is a standard normal distribution, the z-value of 90% confidence is 1.645.
Now, the VaR for 90% confidence is given as:
VaR = μ + σ × z-score
Whereμ = 10,000,000
σ = ? (Not given)
z-score = 1.645
VaR = 10,000,000 + σ × 1.645
Also, given that the VaR for 95% confidence is 12,467,500,
we can calculate the value of σ from the following equation:
VaR = μ + σ × z-score
Whereμ = 10,000,000
σ = ? (To be determined)
z-score = 1.96
VaR = 10,000,000 + σ × 1.96
∴ σ = (VaR95 - μ) / z-score
= (12,467,500 - 10,000,000) / 1.96
= 1,260,897.96
Substitute the value of σ in the formula of VaR
VaR = 10,000,000 + σ × 1.645
VaR = 10,000,000 + 1,260,897.96 × 1.645= 12,364,789.72 TL.
Hence, the VaR with a 90% confidence interval is 12,364,789.72 TL.
To know more about VaR (Value at Risk), click here
brainly.com/question/32990948
#SPJ11
Which type of markets help companies to raise capital for the first time: Select one: a. Secondary markef b. Stock market C. Primary market d. Money market
The type of markets that help companies to raise capital for the first time is the primary market. The primary market is a marketplace in which new securities, such as stocks and bonds, are issued for the first time and are available for purchase.
A primary market is a type of financial market where fresh securities are sold and issued by companies, governments, or public sector institutions to raise money. Companies issue securities to raise funds for development or other initiatives, which are then bought by individual or institutional investors. These new securities are sold in the primary market and the proceeds from the sale go to the issuing company.
The secondary market is another type of financial market. It is a marketplace where previously issued securities are traded among investors. Unlike primary markets, secondary markets do not provide issuers with new capital. Instead, they provide investors with a mechanism for buying and selling existing securities among themselves.
In summary, primary markets help businesses to raise capital for the first time by issuing new securities to investors. On the other hand, secondary markets facilitate the trade of existing securities between investors.
Know more about the primary market.
https://brainly.com/question/17168396
#SPJ11
all of the following will be included in the cost of a fixed asset except a.direct costs of new construction. b.freight costs. c.mistakes in installation. d.the cost of installing equipment.
The cost of a fixed asset does not include mistakes in installation. Hence, option C is the correct answer.
The cost of a fixed asset typically includes various expenses related to its acquisition and installation. These costs are capitalized and added to the initial cost of the asset. However, mistakes in installation do not fall under the category of costs that are included in the cost of a fixed asset.
Mistakes in installation: Mistakes or errors made during the installation process are not considered part of the cost of a fixed asset. They are usually considered separate costs or expenses that may be accounted for in a different category.
Learn more about acquisition here:
brainly.com/question/32814375
#SPJ4
On January 1, 2020, 76ers Corp. acquired 4\%, \$950,000 (face value) bonds of Nets Ltd., to yield 6%. The bonds were dated January 1, 2020, and mature on January 1, 2025, with interest payable each January 1.76 ers intends to hold the bonds to maturity and will use the FV-NI model and the effectiveinterest method of amortization of bond premium or discount. Instructions By rounding all values to the nearest dollar, prepare the following entries in 76 ers's books: a) Acquisition of bonds on January 1, 2020, b) Prepare a full amortization table for this FV-NI investment in debt (3 marks) c) Year-end adjusting entry at December 31, 2020, d) Receipt of the first interest payment on January 1, 2021.
Acquisition of bonds on January 1, 2020.DateJanuary 1, 2020ParticularsAmount ($)Bonds payable950,000Cash950,000 (To record the acquisition of bonds at face value) b) Prepare a full amortization table for this FV-NI investment in debt.
The amortization table is a schedule that shows the reduction in the bond premium or discount over the term of the bond. The schedule shows the following: Interest paid each period, Amortization of discount or premium each period, and Carrying value of the bond at the end of each period.
YearBeginning carrying value ($)Interest payment ($)Effective interest ($)Amortization of discount or premium ($)Ending carrying value ($)2020950,00057,00057,00028,258,720982,7202021950,00057,00058,96327,295,757924,0432022950,00057,00057,88528,373,835866,1652023950,00057,00056,81129,447,689808,3112024950,00057,00055,73030,529,262750,738 c) Year-end adjusting entry at December 31, 2020.
DateDecember 31, 2020 Particulars Amount ($)Bond interest expense (5,700,000 x 6%)342,000Premium on bonds payable5,840Bond interest payable (950,000 x 6%)57,000 (To record bond interest expense and amortization of bond premium for the year) d)
Receipt of the first interest payment on January 1, 2021.DateJanuary 1, 2021ParticularsAmount ($)Cash57,000Bond interest receivable 57,000 (To record receipt of interest payment)
To know more about Acquisition visit:
https://brainly.com/question/32814375
#SPJ11
Putter's Paradise carries an inventory of putters and other golf dubs. The sales price of each putiec is $120. Company records indicate the following for a particular fine of Putter's Paradise's p? (Cick the icon to visw the records.) Read the recuiraments. Requirement 1. Prepare Puiter's Paradse's perpetual inventory record for the putters assuming Putter's Paradise uses the LIFO inventory costing method. Then identify the cost of ending inver and cost of goods told for the month. Start by entering the begining inventory balancos. Enler the transactions in chronclogical order, ealculating new inventory on hand balances affer each transaction. Once all of the transeacions h been entered into the perpetual record, calcutate the quantly and total cost of itrventory ourchased. sold. and an hand at the end of the poriod. (Enter the oldest inventory layers frat) weekify the cost of ending inventory for the monits. The cout of ending inventocy using the LiFo mothod is Iderefy the cest of poods sold for the mont?- The cost of goods sold using the LIFO method is Requirement 2. Journsize Putter's Paradise's inventory trunsactions using the LIFO inventory costing method. (Assume purchasos and salos are made on account) (Record debits first, then credits. Solect the explaration on the last fine of the journal entry table.) Begin by recording the entry to recoed the sale of the putters on acoount on the 6 th. Joumbire the puechase of the pulters on account on the bih Joumalize the purchase of the putters on account on the 8 th. Joumalize the sale of the putters on account on the 17 th. Joumalize the cost of the putters sold on the 17 th. Journalize the sale of the putters on account on the 30 th. Joumalize the cost of the putters sold on the 30 th. Data table Requirements 1. Prepare Putter's Paradise's perpetual inventory record for the putters assuming Putter's Paradise uses the LIFO inventory costing method. Then identify the cost of ending inventory and cost of goods sold for the month. 2. Journalize Putter's Paradise's inventory transactions using the LIFO inventory costing method. (Assume purchases and sales are made on account.)
Requirement 1:Perpetual Inventory RecordDate Item Number Quantity Unit Cost Total Cost BalanceBalance 500 $9,000 2 $120 $240 100 $12,0008th Purchase 400 4 $125 $500 $9,5006th Sale 500 1 $120 $120 $9,38017th Sale 400 2 $125 $250 $9,13030th Sale 100 4 $120 $480 $8,650Cost of ending inventory using the LIFO method is $2,480.Cost of goods sold using the LIFO method is $9,520.
Requirement 2:Journal EntriesDate Item Number Account Titles and Explanation Debit Credit6th Accounts Receivable 120 Sales 120To record the sale of putters on account.8th Inventory 500 Accounts Payable 500To record the purchase of putters on account.17th Accounts Receivable 250 Sales 250To record the sale of putters on account.17th Cost of Goods Sold 250 Inventory 250To record the cost of putters sold on account.30th Accounts Receivable 480 Sales 480To record the sale of putters on account.30th Cost of Goods Sold 480 Inventory 480To record the cost of putters sold on account.
To know more about Inventory visit:
https://brainly.com/question/31146932
#SPJ11
which formal approach to pricing is a commercial real estate agent most likely to use for pricing an office building? a. gross rent multiplier b. market data c. income d. cost
The formal approach to pricing that a commercial real estate agent is most likely to use for pricing an office building is the income approach. The correct option is c.
The income approach is frequently used in commercial real estate to calculate the value of properties that generate income, like office buildings, based on the revenue they produce. It focuses on the potential earnings that the property could produce and considers elements including rental income, occupancy rates, costs, and market trends.
A real estate agent can determine the worth of an office property by examining its potential for income, including its present and future rental income.
Thus, the ideal selection is option c.
Learn more about the income approach here:
https://brainly.com/question/29829961
#SPJ4
Parts of an Act may be proclaimed in force at different times. Select one: True False
An Act is a written law passed by the legislature. Parts of an Act may be proclaimed in force at different times.
The answer is True. An Act is a written law passed by the legislature, which includes federal, state, and local government. It provides the legal framework for the implementation of policies and programs. An Act may contain several parts, and each part may be proclaimed in force at different times to allow for implementation and compliance.
The proclamation of different parts of an Act may be done at the discretion of the government or the executive. The purpose of proclaiming different parts of an Act at different times is to facilitate the smooth implementation of policies and programs without causing unnecessary disruption or confusion.
For example, a new tax law may contain several provisions that will impact individuals and businesses differently. It may not be feasible to implement all the provisions at once, as it would require significant changes to existing systems and processes. Therefore, the government may choose to implement the provisions over a period of time to minimize the impact on taxpayers and businesses.
In conclusion, Parts of an Act may be proclaimed in force at different times, and the decision to do so is at the discretion of the government or the executive. This enables the smooth implementation of policies and programs without causing unnecessary disruption or confusion.
To learn more about legislature visit:
https://brainly.com/question/32158538
#SPJ11
Retake question Historically, the members of the chess club have had an average height of 5 ′
6 ′′
with a standard deviation of 2 ′′
. What is the probability of a player being between 5 ′
4 ′′
and 5' 9"? (Submit your answer as a whole number. For example if you calculate 0.653 (or 65.3% ), enter 65. )
Given that the average height of the members of the chess club is 5' 6'' and the standard deviation is 2''.
We need to find the probability of a player being between 5' 4'' and 5' 9''.
Now, we need to standardize the given heights using the z-score formula.
z-score = (X - μ) / σ
Where,X = Height of the player = 5' 4'' and 5' 9'' = 64'' and 69''
μ = Mean height of the members of the chess club = 5' 6'' = 66''
σ = Standard deviation = 2''
z₁ = (64 - 66) / 2 = -1
z₂ = (69 - 66) / 2 = 1.5
Now, we need to find the area under the normal distribution curve between z = -1 and z = 1.5.To do this, we use the standard normal table or the calculator or the z-score formula for the area between two z-scores.
Using the standard normal table, the area between z = -1 and z = 1.5 is 0.7745 - 0.1587 = 0.6158
Therefore, the probability of a player being between 5' 4'' and 5' 9'' is 62% (approx).Hence, the answer is 62.
To know more about probability visit :
https://brainly.com/question/31828911
#SPJ11
