A Person-job fit is the type of person-fit related to the fit between the wants/needs of an individual and the characteristics of their job
A person-job fit refers to the compatibility between an individual and the job that they perform based on the employee needs.
In other word, the Person–job fit refers to the the degree of alignment between the individual (employees) and the job/task he is performing.Hence, the Person-job fit is the type of person-fit related to the fit between the wants/needs of an individual and the characteristics of their job
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Calculate the present value of an asset worth $2,000 four years from now if the interest rate is 6 percent. Multiple Choice $2,480 $2,524.95 $1,520
The present value of the asset worth $2,000 four years from now is $1,584.19.
The formula for the present value is F*(1 + r)^-n
Given information
Future value = 2000
r = 6%
n = 4%
Present value = $2000*(1+6%)^-4
Present value = $2000*0.792094
Present value = $1584.187
Present value = $1,584.19
Hence, the present value of the asset worth $2,000 four years from now is $1,584.19.
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Select the BEST answer choice.
Read the following scenario and identify the way in which the government is demonstrating economic involvement. Sam's Super Healthy Candy is going out of business after the government severely fined the company for failing to inform consumers about the added sugar in the company's products.
Group of answer choices
Maintains competition
Produces goods and services
Provides welfare services
Manages regulatory programs
Government can demonstrate its economic involvement by d. manages regulatory programs.
According to the regulation on consumer services, Sam's Super Healthy Candy must inform consumers about the added sugar in its products. For failing to do this, the government severely fined the company. In this way, the government shows that it is involved in the economy through its regulatory activities.
The government does not show its economic involvement by only maintaining competition, producing goods and services, or providing welfare services.
Thus, the government demonstrates its economic involvement by regulating the activities of commercial entities.
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Discuss the possible ways that purchasing becomes aware of the need to evaluate and select a supplier.
Explanation:
This lesson discusses the basics of project procurement management. Project procurement management is a critical part of overall project management, and we will use an example to show how this topic fits into everyday project management activities.
A __________ refers to a communication structure in which team members freely communicate with one another and arrive at decisions together.
✔ a. decentralized network
b. centralized network
c. circular network
d. linear network
e. gossip structure
Answer : circular network
In some cases, individuals who start a business have special voting rights that help them exercise more control over the firm. They own a special class of stock called
individuals that have special voting rights owns a special class of stock called classified stock.
The classified stock refers to class of common stock that comes with special privileges like dividend rights or enhanced voting rights.
Usually, these stock are issued/owned by individual that started or co-start the business.
The classified stock is used to ensure the company's founders maintain its control over the establish company even without owning the majority of the common stock.
Therefore, the individuals that have special voting rights owns a special class of stock called the classified stock.
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When using the effective-interest method of bond amortization, Interest Expense ______ each payment if the bonds were issued at a discount.
When the effective-interest method of bond amortization is used, the Interest Expense exceeds each payment if the bonds were issued at a discount.
In short, the Interest Expense is based on the bond's proceeds, which are always below the face value of the bonds when issued at a discount.
Thus, the interest expense is calculated using the effective interest rate on the bond's proceeds.
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Answer:
increases
Explanation:
While screening and evaluating ideas, a stop-to-market mistake happens when ________. Multiple Choice
While screening and evaluating ideas, a stop-to-market mistake usually occur as result of : good idea been eliminated during the screening process.
Stop-to-market mistake serves as marketing mistake that cam be made which can affect revenue that a firm suppose to get.At the screening and evaluating ideas stage, if careful decision are not made a good ideal can be eliminated which can affect the whole plan.
Therefore, good decision has to be made when
screening and evaluating ideas.
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How does directing build group dynamics?
Answer:
6 STRATEGIES FOR MANAGING AND IMPROVING TEAM DYNAMICS
1. Conduct a diagnosis and get to know your team
Conduct a diagnosis of what is going wrong in your team by doing a team health check. Observe your team at work and conduct individual interviews in a private, safe and confidential space. Talk to other relevant people, such as customers and line managers, to find out as much as you can about your team’s problems.
2. Address problems quickly
3. Create a team charter
4. Enhance team culture
5. Build communication
6. Always pay attention
What are team dynamics?
A team can be defined as two or more people working together to interdependently to meet a specific goal or purpose. Outside of this, a team can be for the long term or come together for a few hours. Group dynamics can be understood as how team member’s distinct roles and behaviours impact other group members and the group as a whole. Team dynamics are therefore the unconscious, psychological factors that influence the direction of a team’s behaviour and performance.
What do positive group dynamics look like?
A team with positive group dynamics tend to have team members who trust each other. They can work towards collective decisions and they are held accountable for outcomes. A team with good group dynamics may be constructive and productive, and it may demonstrate mutual understanding and self-corrective behaviour. On the other hand, poor group dynamics can be disruptive for successful decision making and work outcomes.
Group dynamics matter because they impact things like creativity, productivity and effectiveness. Since group work is integral to organisations, for business leaders, addressing group dynamics can lead to better work outcomes, customer satisfaction and an improved bottom line.
he balance sheet for Crutcher Corporation reported 220,000 shares outstanding, 320,000 shares authorized, and 22,000 shares in treasury stock. Compute the maximum number of new shares that Crutcher could issue.
Based on the information given the maximum number of new shares that Crutcher could issue is 78,000 shares.
First step is to calculate Issued share using this formula
Issues shares=Outstanding shares + Treasury stock shares
Let p[lug in the formula
Total authorized shares=220,000+22,000
Total authorized shares=242,000 shares
Second step is to calculate the maximum number of new shares using this formula
Maximum number of new shares =Authorized shares- Issued shares
Let plug in the formula
Maximum number of new shares=320,000-242,000
Maximum number of new shares =78,000 shares
Inconclusion the maximum number of new shares that Crutcher could issue is 78,000 shares.
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Identify and describe four factors that will cause a demand curve for gasoline to shift to the left or decline. What will the likely effect on prices
Answer:
four factors that could potentially cause a leftward shift in the demand curve for gasoline include
higher prices in gasoline
substitutes for gasoline available at lower prices
substitutes for complementary products (such as electric vehicles) being available at lower prices
changes in consumer income or purchasing power
Explanation:
higher gas prices will have a negative impact on consumer purchasing power, resulting in a decline in demand for the product
substitutes for gasoline, such as diesel or natural gas, at lower prices will cause demand for said substitutes to increase, resulting in a decline in demand for gasoline
complementary products to gasoline are gas-powered vehicles. when demand in a complementary product decreases, so will the demand in the initial product--in this case, gasoline
when consumer income declines, consumer purchasing power declines; this results in a decline in demand for products, such as gasoline
Most retirees spend roughly half of their budget
on
A.living expenses
B. New hobbies
C.travel
D.children and grandchildren
Answer:
A.Living expenses.
Explanation:
wag mag mura kung mali
Answer:
a
Explanation:
living expenses
Listed below are selected transactions completed by Ridge Company during March of the current year.
Mar. 5
10
13
15
Rendered services on account to Quinton Co., Invoice No. 92, $3,250.
Rendered services on account to Martin Inc., Invoice No. 93, $4,500.
Received $5,000 in payment of monthly rent, which was due on March 1.
Received payment from Quinton Co. for invoice of March 5.
Received payment from Martin Inc. for balance due on invoice of March 10.
Received amount due from Thomas Co. on sale made in February, $5,200.
Recorded cash from services rendered for cash during the month, $15,750.
19
20
31
a. Record the transactions (including the invoice number), using the accompanying revenue journal and cash receipts journal.
b. Total and rule the revenue and cash receipts journals.
1. For individual items and totals to be posted to the subsidiary ledger or not to be posted, select "Yes" in the Post. Ref. column or below
the totals.
2. For individual items and totals to be posted to the general ledger, select the letter "G" (as a substitute for specific account numbers)
in the Post. Ref. column or below the totals.
If an amount box does not require an entry, leave it blank.
Page: 10
ACCTS. REC. DR.
EES EARNED CR.
POST
REF.
DATE
ACCOUNT DEBITED
INVOICE NO.
Answer:19
Explanation:
Why are professional associations interested in keeping professional standards high?
A few dishonest professionals can hurt the entire profession.
B. They can charge more for higher standards.
C. Professional associations get paid based on customer reviews.
D. Professional associations are forced by law to keep standards high.
Answer:
A few dishonest professionals can hurt the entire profession.
The process of exchange of goods or services from sellers to buyers is referred to as:
A supply B. market C demand D. production
Answer:
Marketing
Explanation:
Hope this helps!
Discussion Questions
15-1. This chapter discusses four important issues
that will shape compensation professionals?
work for years to come. Which one of these
issues stands to create the greatest uncertainty
for compensation professionals? Explain
your answer.
The question is about the Compensation of professionals and its issues.
The most important issue out of the four discussed is the workforce diversity, this creates a great uncertainty in compensating the professionals.
Diversity in professionals create an environment where a group of people are working more and hard while the other group of people does not work much hours but still the compensation is on a similar level and sometimes when this compensation is varied with the group it is highly regarded as the inequality.
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On Apr. 1, you, the business owner donated the following assets to Eat Your Life Away: cash,
$20,000; accounts receivable, $14,700; food supplies, $3,300; and Kitchen Utensils, $12,000.
There were no liabilities received. On the same day, you paid three months’ rent on a lease rental
contract, $6,000. The following day, you paid the premiums on property and casualty insurance
policies, $4,200.
On April 4, you received $9,400 cash from BTL who had contracted you to supply food for its
50 employees for the month of April. As a result of this BTL contract, you purchased on the
following day additional restaurant office equipment on account from Angelus Press for $8,000.
On April 6, you received $11,700 cash from customers who were owing you from Stann Creek
on account. Because of the competition in the City amongst restaurant owners, on April 10, you
paid Amandala Newspapers $350 cash for a newspaper advertisement to announce your presence
in the city. On April 12, having received the money from your debtors in Stann Creek, you
decided to pay Angelus Press $6,400 for part of the debt incurred on April 5. On the same day,
you provided food worth $21,900 to a major political party having a convention on account for
the period April 1–12. Because of the bi-monthly payment agreement with your cook, you paid
her salary for two weeks of $1,650.
On April 17, you received cash from cash customers for foods sold during the period April 1–16,
$6,600 and you paid cash for food supplies, $725 the following day. Having established that the
political party is trustworthy, you provided additional foods on account for another rally held at
the Bliss Center for the period April 13–20, $16,800.
On April 24, you received cash from cash customers for food sold for the period April 17–24,
$4,450. On April 26, you received cash from the political party who bought food on account,
$26,500. Being another two-weeks period, you paid your cook’s two weeks’ salary of $1,650 on
April 27. You paid your telephone bill of $540 for the month of April on April 29 and BEL bill
of $760 the following day.
On the last day of the month, you received cash of $5,160 from cash customers for food sold for
the period April 25–30, supplied food on account to BTL & Digicel staff on account for the
remainder of April, $2,590. Because you had to pay for personal expenses, you withdrew
$18,000 for personal use.
Instructions
The Belize Income Tax Department wishes to conduct an audit of small businesses in Belize
and “Eat Your Life Away” was selected as one of the businesses the Tax Department
wishes to audit. Hence, it wants you to provide the following:
1. All the journal entries that you made during the month using a two-column journal and would
like you to use the following charts of accounts:
Cash Capital Accounts Receivable
Drawing Food Supplies Sales Revenue
Prepaid Rent Salary Expense Prepaid Insurance
Food Supplies Expense Kitchen Utensils Rent Expense
Accumulated Depreciation-Kitchen Utensils Depreciation Expense
Accounts Payable Insurance Expense Salaries Payable
Miscellaneous Expense Unearned Revenues
2. Post the journal to a ledger accounts.
3. Prepare an unadjusted trial balance.
Eat Your Life Away will prepare the following journal entries, post them to the ledger, and extract an unadjusted trial balance as follows:
1. Journal Entries:
Apr. 1 Debit Cash $20,000
Debit Accounts receivable $14,700
Debit Food supplies $3,300
Debit Kitchen Utensils $12,000
Credit Capital $50,000
Apr. 2 Debit Prepaid Rent $6,000
Credit Cash $6,000
Apr. 3 Debit Prepaid Insurance $4,200
Credit Cash $4,200
Apr. 4 Debit Cash $9,400
Credit Unearned Revenue $9,400
Apr. 5 Debit Kitchen Utensils $8,000
Credit Accounts Payable $8,000
Apr. 6 Debit Cash $11,700
Credit Accounts receivable $11,700
Apr. 10 Debit Advertising Expense $350
Credit Cash $350
Apr. 12 Debit Accounts Payable $6,400
Credit Cash $6,400
Apr. 12 Debit Accounts Receivable $21,900
Credit Sales Revenue $21,900
Apr. 12 Debit Salary Expense $1,650
Credit Cash $1,650
Apr. 17 Debit Cash $6,600
Credit Sales Revenue $6,600
Apr. 18 Debit Food Supplies $725
Credit Cash $725
Apr. 20 Debit Accounts Receivable $16,800
Credit Sales Revenue $16,800
Apr. 24 Debit Cash $4,450
Credit Sales Revenue $4,450
Apr. 26 Debit Cash $26,500
Credit Accounts Receivable $26,500
Apr. 27 Debit Salary Expense $1,650
Credit Cash $1,650
Apr. 28 Debit Miscellaneous Expense $540
Credit Cash $540
Apr. 29 Debit Miscellaneous Expense $760
Credit Cash $760
Apr. 30 Debit Cash $5,160
Credit Sales Revenue $5,160
Apr. 30 Debit Unearned Revenue $2,590
Credit Sales Revenue $2,590
Apr. 30 Debit Drawings $18,000
Credit Cash $18,000
2. Ledgers Accounts:
Cash
Date Account Titles Debit Credit
Apr. 1 Capital $20,000
Apr. 2 Prepaid Rent $6,000
Apr. 3 Prepaid Insurance $4,200
Apr. 4 Unearned Revenue $9,400
Apr. 6 Accounts receivable $11,700
Apr. 10 Advertising Expense $350
Apr. 12 Accounts Payable $6,400
Apr. 12 Salary Expense $1,650
Apr. 17 Sales Revenue $6,600
Apr. 18 Food Supplies $725
Apr. 24 Sales Revenue $4,450
Apr. 26 Accounts Receiv. $26,500
Apr. 27 Salary Expense $1,650
Apr. 28 Miscellaneous Expense $540
Apr. 29 Miscellaneous Expense $760
Apr. 30 Sales Revenue $5,160
Apr. 30 Drawings $18,000
Apr. 30 Balance $43,535
Totals $83,810 $83,810
Capital
Date Account Titles Debit Credit
Apr. 1 Cash $20,000
Apr. 1 Accounts receivable $14,700
Apr. 1 Food supplies $3,300
Apr. 1 Kitchen Utensils $12,000
Apr. 30 Balance $50,000
Totals $50,000 $50,000
Accounts Payable
Date Account Titles Debit Credit
Apr. 5 Kitchen Utensils $8,000
Apr. 12 Cash $6,400
Apr. 30 Balance $1,600
Totals $8,000 $8,000
Accounts Receivable
Date Account Titles Debit Credit
Apr. 1 Capital $14,700
Apr. 6 Cash $11,700
Apr. 12 Sales Revenue $21,900
Apr. 20 Sales Revenue $16,800
Apr. 26 Cash $26,500
Apr. 30 Balance $15,200
Totals $53,400 $53,400
Drawing
Date Account Titles Debit Credit
Apr. 30 Cash $18,000
Food Supplies
Date Account Titles Debit Credit
Apr. 1 Capital $3,300
Apr. 18 Cash $725
Apr. 30 Balance $4,025
Totals $4,025 $4,025
Sales Revenue
Date Account Titles Debit Credit
Apr. 12 Accounts Receivable $21,900
Apr. 17 Cash $6,600
Apr. 20 Accounts Receivable $16,800
Apr. 24 Cash $4,450
Apr. 30 Cash $5,160
Apr. 30 Unearned Revenue $2,590
Apr. 30 Balance $57,500
Totals $57,500 $57,500
Prepaid Rent
Date Account Titles Debit Credit
Apr. 2 Cash $6,000
Salary Expense
Date Account Titles Debit Credit
Apr. 12 Cash $1,650
Apr. 27 Cash $1,650
Apr. 30 Balance $3,300
Totals $3,300 $3,300
Prepaid Insurance
Date Account Titles Debit Credit
Apr. 3 Cash $4,200
Kitchen Utensils
Date Account Titles Debit Credit
Apr. 1 Capital $12,000
Apr. 5 Accounts Payable $8,000
Apr. 30 Balance $20,000
Totals $20,000 $20,000
Miscellaneous Expense
Date Account Titles Debit Credit
Apr. 10 Cash $350
Apr. 28 Cash $540
Apr. 29 Cash $760
Apr. 30 Balance $1,650
Totals $1,650 $1,650
Unearned Revenues
Date Account Titles Debit Credit
Apr. 4 Cash $9,400
Apr. 30 Sales Revenue $2,590
Apr. 30 Balance $6,810
Totals $9,400 $9,400
3. Eat Your Life Away
Unadjusted Trial Balance
As of April 30,
Date Account Titles Debit Credit
Cash $43,535
Capital $50,000
Accounts Payable 1,600
Accounts Receivable 15,200
Drawings 18,000
Food Supplies 4,025
Sales Revenue $57,500
Prepaid Rent 6,000
Salary Expense 3,300
Prepaid Insurance 4,200
Kitchen Utensils 20,000
Miscellaneous Expense 1,650
Unearned Revenue $6,810
Totals $115,910 $115,910
See the attachment for Data Analysis of Transactions.
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The Omega Corporation has some excess cash it would like to invest in marketable securities for a long-term hold. Its Vice-President of Finance is considering three investments: (a) Treasury bonds at a 11 percent yield; (b) corporate bonds at a 14 percent yield; or (c) preferred stock at an 12 percent yield. Omega Corporation is in a 40 percent tax bracket and the tax rate on dividends is 10 percent.
Required:
a. Compute the after-tax yields for the three investment options. (Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places.)
b. Which one of the three investments should she select based on the after-tax yields?
Answer:1
Explanation:
How are flexible exchange rates different from fixed exchange rates?
flexible exchange rates depend on multiple variables in the market but fixed exchange rates stay the same no matter the change in variables.
Sometimes, the market research we do for product development and the message testing we do for ad campaigns yield surprising results. Which positioning statement was most surprising for NOT yielding the highest AWARENESS with our target segment
The positioning statement that was most surprising for NOT yielding the highest AWARENESS with our target segment is C. Eco-friendly.
Before embracing the Eco-friendly positioning statement, the company has to show that it was not just adopting a marketing strategy that does not resonate with its internal environment.
In this regard, an Eco-friendly positioning statement should ensure that the company:
Lives the Eco-friendly promise and become a leader in the Eco-friendly movement.Creates an Eco-friendly message from the inside out.Participates in community Eco-friendly outreach programs.Question Options:
A. Fashionable
B. Cutting Edge
C. Eco-friendly
Thus, perhaps for failing to live the Eco-friendly mantra, the target segment did not show the highest awareness.
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The nature of intellectual property laws and how they are enforced is one aspect of a country's _____.
The aspect of a country making some changes to its intellectual property laws and how they are enforced is based on the:
B. Regulatory practicesAccording to the given question, we are asked to state the aspect of a country making some changes to its intellectual property laws and how they are enforced,
As a result of this, we can see that regulatory practices are those things which a country or an organisation does so that some aspects of its functioning system is controlled. With this in mind, we can see that adjusting property laws is an example of a regulatory practise.
Therefore, the correct answer is option C
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Kenji manages a company that collects fresh produce from farmers and distributes it to restaurants. His business is struggling, so he considers mixing some of the older or riper items into the boxes of newer produce. This will allow him to meet cost targets and keep the business going. Kenji is faced with an ethical dilemma.
a. True
b. False
It is true to say that Kenju faces an ethical dilemma when thinking about mixing some of the older or more mature items in the newer boxes and distributing them to restaurants as fresh produce.
An ethical dilemma can be understood as a situation in which there are two paths available for decision making, and a decision will impact your ethical standards.
Often, an ethical dilemma arises from a need, as in the example above, where Kenji's business is struggling and making an unethical decision will allow him to meet cost targets and keep the business running.
Therefore, it is necessary that when facing an ethical dilemma, the individual considers the ethical decision-making, which will always be the correct one regardless of the situation.
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Lolita’s team meets every Tuesday morning. Lolita always brings doughnuts to these meetings, and she always starts the meeting by asking who’s had a big success that week, which encourages participation. Lolita’s habitual actions were developed during the ____________________ stage of team development.
a. storming
b. preforming
c. forming
d. norming
Answer:
d. norming
Explanation:
Lolita’s team meets every Tuesday morning. Lolita always brings doughnuts to these meetings, and she always starts the meeting by asking who’s had a big success that week, which encourages participation. Lolita’s habitual actions were developed during the _______norming______ stage of team development.
Answer:
Lolita's habitual actions were developed during the norming stage of team development.
Explanation:
d. norming
“Marketing is Significant for Both Profit and Non-Profit Organizations”Do you agree with this statement? Explain
Answer:
Marketing is just as important for non-profits as it is for businesses, but the target audience is potential contributors and volunteers, not consumers, and the problem is persuading them to provide money without expecting anything in return.
Explanation:
Kelia, the owner of a Lebanese factory that produces electrical converters, recently learned that the EU will begin taxing all electrical components imported into EU member nations. In this example, a tariff is being implemented to protect European electrical component manufacturers. Group startsTrue or FalseTrue, unselectedFalse, unselected
Considering the situation described above, it is true that in this example, a tariff is being implemented to protect European electrical component manufacturers.
This is because when tariffs are placed on imported goods, the price of imported goods would be higher compared to domestic goods.
This situation would make domestic goods appealing and have more demand than imported goods. As a result, domestic goods are protected from the competition of imported goods.
Hence, in this case, it is concluded that the correct answer is "True."
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Wrinkles Away Inc. is entering a foreign market and is spending significant funds on educating customers about their line of wrinkle-reducing skincare products. These costs are an example of _____ costs.
The costs that Wrinkles away is spending to educate customers is what is referred to as the pioneering costs.
The pioneering costs are those costs that come up due to the fact that the foreign business is way different from what works in the home market.
As a result of this, the business firm has to spend quite an amount of its financial, time and effort resources to learn more about the market.
The business has to send its money to educate the users on the product that they have in the market.
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The question is
b) why does the equilibrium quantity remain the same even after the demand and supply curves change from D1 to D2 and S1 to S2 respectively?
Multiple-choice help me, pls.
16) If the supply of iPads increases, then
i. the supply curve for iPads has shifted rightward.
ii. the price of iPads has decreased.
iii. there will be a movement upward along the iPad supply curve.
A) i only
B) i, ii and iii
C) i and ii
D) ii and iii
E) i and iii
30) Which of the following statements is correct?
A) Consumer surplus equals the price paid for a good.
B) The consumer surplus from a good is always larger than the total benefit from the good.
C) An increase in price decreases consumer surplus.
D) An increase in price has no effect on consumer surplus.
E) The consumer surplus from a good or service must always equal producer surplus.
Answer:
33) A firm's marginal revenue is
A) the change in total revenue that results from a one-unit increase in the quantity sold.
B) total revenue minus total cost.
C) the change in total revenue minus the change in total cost.
D) the change in total revenue that results from an increase in the demand for the good or service.
E) less than the market price for a perfectly competitive firm.
Answer:
34) Suppose a perfectly competitive firm's minimum average variable cost is $3 when it produces 50. If the price is $2 and the firm's marginal cost is $2, the firm should
A) continue to produce, but produce more than 50.
B) continue to produce 50.
C) continue to produce, but produce less than 50.
D) shut down.
E) continue to operate, but to determine the amount of production needs more information than is given.
Answer:
42) Discretionary fiscal policy is a fiscal policy action, such as
A) an interest rate cut, initiated by an act of Congress.
B) an increase in payments to the unemployed, initiated by the state of the economy.
C) a tax cut, initiated by an act of Congress.
D) a decrease in tax receipts, initiated by the state of the economy.
E) an increase in the quantity of money.
Answer:
43) The magnitude of the government expenditure multiplier is ________ the magnitude of the tax multiplier.
A) greater than
B) equal to
C) less than
D) not comparable to
E) greater than for expansionary policy and less than for contractionary policy
Answer:
44) An increase in government expenditure can ________ potential GDP and an increase in taxes can ________ potential GDP.
A) increase; increase
B) increase; never change
C) decrease; decrease
D) never change; never change
E) increase; decrease
Answer:
45) When the Fed increases the federal funds rate,
A) there is no effect on investment because investment depends on the real interest rate.
B) the real interest rate falls, and investment increases.
C) the real interest rate rises, and investment decreases.
D) the real interest rate is unaffected, but investment still decreases.
E) the real interest rate rises, and investment does not change.
Answer:
46) The Fed raises the federal funds rate. Which of the following changes occurs most rapidly?
A) Exchange rate rises.
B) Consumption expenditure decreases.
C) Aggregate demand decreases.
D) Real GDP growth decreases.
E) Inflation rate decreases.
Answer:
47) If the Fed increases the quantity of money and lowers the federal funds rate, real GDP ________ and the price level ________.
A) increases; increases
B) increases; decreases
C) decreases; increases
D) decreases; decreases
E) increases; does not change
Answer:
48) Raising the federal funds rate shifts the aggregate demand curve ________ so that real GDP ________ and the price level ________.
A) rightward; increases; rises
B) leftward; decreases; rises
C) rightward; increases; falls
D) leftward; decreases; falls
E) leftward; increases; rises
Answer:
Kansas Pizza Pantry opened its first restaurant in Lawrence, Kansas in 1985. Almost immediately after the first location opened, it expanded from Kansas Pizza Pantry to more than 250 locations in more than 30 states and 11 countries. Kansas Pizza Pantry completed an initial public offering in August 2000. Several years ago, Silver Capital completed the acquisition of Kansas Pizza Pantry and, as a result of the acquisition, the company's common stock is no longer publicly traded.
KANSAS PIZZA PANTRY, INC., AND SUBSIDIARIES
Consolidated Statements of Operations
(amounts in thousands, except for per share data)
Year 3 Year 2 Year 1
Revenues:
Restaurant sales $ 633,106 $ 652,685 $ 665,616
Royalties from licensing agreement 6,722 8,239 6,580
Domestic franchise revenues 4,200 2,934 2,757
International franchise revenues 3,153 2,178 2,121
Total revenues 647,181 666,036 677,074
Costs and expenses:
Food, beverage and paper supplies 149,732 155,181 165,526
Labor 237,383 247,850 247,276
Direct operating and occupancy 142,920 142,473 140,367
Cost of sales 530,035 545,504 553,169
General and administrative 50,831 51,041 51,642
Depreciation and amortization 37,156 40,331 40,299
Pre-opening costs 3,369 1,893 4,478
Loss on impairment of property and equipment 18,952 23,441 13,336
Store closure costs 1,758 564 1,033
Litigation, settlement and other costs 8,909 1,659 736
Total costs and expenses 651,010 664,433 664,693
Operating (loss)/income (6,279 ) 3,303 12,381
Interest expense, net (26 ) (783) (1,324)
(Loss)/income before income tax (benefit)/provision (6,305 ) 2,520 11,057
Income tax (benefit)/provision (5,239 ) (2,141) 2,395
Net (loss)/income $ (1,066 ) $ 4,661 $ 8,662
Net (loss)/income per common share:
Basic $ (0.07 ) $ 0.19 $ 0.34
Diluted $ (0.07 ) $ 0.19 $ 0.34
Weighted average shares used in calculating net (loss)/income per common share:
Basic 24,738 24,564 25,193
Diluted 24,738 24,393 25,211
KANSAS PIZZA PANTRY, INC., AND SUBSIDIARIES
Consolidated Balance Sheets
(in thousands, except for share data)
Year 3 Year 2
Assets
Current assets:
Cash and cash equivalents $ 14,465 $ 23,724
Other receivables 12,844 13,041
Inventories 6,427 6,557
Current deferred tax asset, net 8,675 7,576
Prepaid rent 306 5,957
Other prepaid expenses 2,818 2,281
Total current assets 45,535 59,136
Property and equipment, net 242,446 256,416
Noncurrent deferred tax asset, net 22,601 25,511
Goodwill 4,722 4,872
Other intangibles, net 5,087 4,964
Other assets 8,813 7,409
Total assets $ 329,204 $ 358,308
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable $ 17,675 $ 11,763
Accrued compensation and benefits 23,923 23,701
Accrued rent 21,174 20,287
Deferred rent credits 4,358 4,245
Other accrued liabilities 14,190 11,915
Gift card liability 14,877 21,140
Store closure reserve 79 351
Total current liabilities 96,276 93,402
Long-term debt --- 22,800
Other liabilities 9,986 8,728
Deferred rent credits, net of current portion 33,677 32,978
Income taxes payable, net of current portion 329 10,125
Commitments and contingencies - -
Stockholders’ equity:
Common stock—$0.01 par value, 80,050,000 shares
authorized, 27,100,000 and 26,700,000 shares issued and outstanding at end of Year 3, and Year 2, respectively 271 267
Additional paid-in capital 174,563 174,500
Retained earnings 14,102 15,508
Total stockholders’ equity 188,936 190,275
Total liabilities and stockholders’ equity $ 329,204 $ 358,308
Required:
Compute the following ratios for Year 3 using information from the company annual report that was issued before Kansas Pizza Pantry was acquired. Assume a market price per share of $1.26.(Round your answers to 2 decimal places. Enter percentage answers rounded to 2 decimal places (i.e. 0.1234 should be entered as 12.34). Negative amounts should be indicated by a minus sign.)
Ratios are: Return on equity, Net profit margin, Inventory turnover, Current ratio, Quick Ratio, Debt-to equity ratio, Price/earnings ratio.
The financial ratios for Kansas Pizza Pantry are computed as follows:
1. Return on Equity = Net loss/Stockholders' Equity x 100
= $(1,066)/$188,936 x 100
= -0.56%
2. Net Profit Margin = Net loss/Total revenue x 100
= $(1,066)/$647,181 x 100
= -0.16%
3. Inventory Turnover = Cost of goods sold/Average Inventory
= $530,035/$6,492
= 81.6 times
4. Current Ratio = Current assets/Current liabilities
= $45,535/$96,276
= 0.47
5. Quick Ratio = Current assets - Inventories/Current liabilities
= $45,535 - $6,427/$96,276
= 0.41
6. Debt-to-Equity Ratio = Total Debts/Total Equity
= $140,268/$188,936
= 74%
7. Price/Earnings Ratio = $1.26/$(0.07)
= -18 times
Data and Calculations:
Total revenues = $647,181
Cost of sales = $530,035
Net (loss)/income = $(1,066)
Basic EPS = $ (0.07)
Total current assets = $45,535
Total current liabilities = $96,276
Total liabilities and stockholders’ equity = $329,204
Total stockholders’ equity = $188,936
Total liabilities = $140,268 ($329,204 - $188,936)
Less current liabilities = $96,276
Long-term liabilities = $43,992 ($140,268 - $96,276)
Average Inventories = $6,492 ($6,427 + $6,557)/2
Learn more: https://brainly.com/question/21631170
In the long run a company that produces and sells popcorn incurs total costs of $1,050 when output is 90 canisters and $1,200 when output is 120 canisters. The popcorn company exhibits a. economies of scale because total cost is rising as output rises. b. diseconomies of scale because total cost is rising as output rises. c. economies of scale because average total cost is falling as output rises. d. diseconomies of scale because average total cost is rising as output rises.
The popcorn company exhibit economies of scale because average total cost is falling as output rises.
The first step is to determine the average cost when output is 90 and 120 canisters.
Average cost = total cost / total output
average cost when output is 90 = $1050 / 90 = $11.7
average cost when output is 120 = $1200 / 120 = $10
Average cost reduced when output increases from 90 to 120. This is known as economies of scale. A firm experiences economies of scale when as output increases, average total cost reduces.
A similar question was answered here: https://brainly.com/question/25780299
An investment of $2,000 pays interest of 1.5% per month. What will be the value of this investment at the end of 3 years
Answer:
2122.502
Explanation:
you first multiply the interest rate with the amount and then take the you got add it with the amount to get the final answer
