Price concerns types of sales resistance is most common but usually not the most important issue. According to the findings of McKinsey's most recent economic conditions outlook study, cost hikes.
Sales resistance is the tendency of a buyer to express reservations or worries in order to avoid purchasing an item or service. Discover instances of the two forms of sales resistance—reasoned and objective or emotional—as well as the definition of each. Consider yourself a sales representative for a major department store. It is your responsibility to ensure that every client that enters the store is informed of the most recent promotion, which is a "buy one, get one free" deal on shirts. At the start of your shift, you discover that many prospective customers are interested in the deal you are promoting, but as the day wears on, you discover that some clients are unwilling to accept the sale you are offering.
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18.3 The Pre-IPO value of the firm is 60M$ and the Pre-IPO number of shares outstanding is 4 Million. Assume underwriting Spread or Flotation Cost is 5%. Determine the number of new shares issued (in millions) if gross proceeds are valued at 18 million dollars.
Hint: Find what percentage of the firm belongs to new investors after IPO and then find the number of new shares issued
Select one of the following answers:
1.2183
0.7841
2.1489
1.1234
If gross proceeds are valued at 18 million dollars then the number of new shares to be 1.2183 million issued (in millions) while the flotation Cost is 5%. Option A is correct.
What is Flotation Cost?A publicly traded stock company incurs costs when it issues new securities for underwriting fees, legal fees, and registration fees. This cost referred to flotation cost.
These costs of additional equity for a company is determined by several factors such as floatation expenses, estimated return on equity, dividend payments, and the percentage of earnings the company expects.
Pre-IPO Value per share = Equity Value of Firm ÷ Shares Outstanding
⇒ $60M ÷ 4M
⇒ $15 per share.
Number of Shares to be issued for $18M proceeds = Investment Value ÷ ( Pre-IPO Value per Share - Flotation Cost)
⇒ $18M ÷ ($15 - $15×0.05)
⇒ $18M ÷ $14.75
⇒ 1.2183 or 1.2 approx.
Therefore the flotation cost will be excluded from the issue price.
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Tom and Jerry are started a custom farming business. They agree to continue to own their existing machinery and lease a large combine. Jerry is a master mechanic, and will take care of all repairs and maintenance in the winter while Tom works at a second job in town. Below are the equipment items Tom will contribute: Item Current Market Value $55,000 Tractor Chisel plow Field cultivator $21,000 $16,000 $18,000 Sprayer Grain drill Grain truck 2 wagons $25,000 $20,000 $8000 Below are the equipment items Jerry will contribute: Item Current Market Value Tractor $67,000 $27,000 $31,000 $12,000 Tractor Planter Disk Soil finisher Cultivator $11,000 $15,000 Grain truck Their other anticipated expenses are as follows: Annual Cost Tom's Share Jerry's Share Item Combine lease $40,000 50% 50% Machinery parts Fuel and lubricants Licenses and fees $15,000 100% S10,000 50% 50% 50% 50% $2000 Marketing and misc. 50% 50% Their expected labor hours are as follows: Tom's Share 1,200 hours 1,000 hours 0 hours Jerry's Share 1,500 hours 1,000 hours Tillage and planting Harvesting Maintenance and repair work 800 hours Develop a budget that shows the value of each person's contributions and the percent of the total that each one of them contributes. This can be used as a guide for dividing the revenue that they generate from their customers. Use the following guidelines: Estimate machinery ownership costs at 17% of the current value of the machinery. Value labor at $12 per hour.
A budget that shows the value of each person's contributions and the percentage of the total that each one of them contributes will be like below.
To find Amount invested in machines by both Tom and Jerry is calculated below:
Line Items Type Tom Jerry M/c Ownership Cost
Tractor Equipment 55000 9350
Chisel Plow Equipment 21000 3570
Field Cultivator Equipment 16000 2720
Sprayer Equipment 18000 3060
Grain Drill Equipment 25000 4250
Grain Truck Equipment 20000 3400
Wagons Equipment 8000 1360
Subtotal 27710
Tractor Equipment 67000 11390
Tractor Equipment 27000 4590
Planter Equipment 31000 5270
Disc Equipment 12000 2040
Soil Finisher Equipment 7000 1190
Cultivator Equipment 11000 1870
Grain Truck Equipment 15000 2550
Subtotal 28900
The cost of ownership at 17% is assumed to be the annual cost of ownership. Finally, we added total costs, each person's contribution and the percentage of Tom and Jerry is calculated using the below table.
Amount in $ Percentage
Contribution by Tom 80610 42%
Contribution by Jerry 110000 58%
Total Contribution towards the Project 190610
We can conclude by stating that Tom has contributed 42% of the investment while Jerry has contributed 58% of the investment.
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group decision-making can be improved and the problems of process loss avoided if groups make sure to do all of the following except
The problems of process loss can be avoided and the effectiveness of group decision-making can be improved if the group makes sure to do all of the following, except focus on seeking consensus between group members. Hence, the correct option is (B).
What is a Group Decision-Making?Group decision-making is a situation that is commonly found in companies where each member of the group gives their opinion about the right solution to a problem. This group decision-making is very useful in solving problems with the most optimal solution in a company because each member will have their own skills and knowledge which makes each solution have its own advantages. After all, solutions are given, the superior will choose the alternative with the lowest level of risk.
The question is incomplete, but most probably your question was:
The problems of process loss can be avoided and the effectiveness of group decision-making can be improved if the group makes sure to do all of the following, except
A. A person works harder than others
B. Focus on seeking consensus between group member
C. Every member expresses their opinion
Hence, the correct option is (B).
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which of these represents a kind of change that is necessary for an organization to achieve the focus it needs to make needed transfer missions and work it does feel to stay competitive in the current or larger organization, larger market environment, or societal environment? group of answer choices
Market environment and business environment are phrases used in marketing to describe the dynamics and conditions that have an impact on a company's capacity to create and sustain fruitful client connections.
The phrase "totality of physical and social elements that are directly taken into consideration in the decision-making behavior of persons in the organization" is used to characterize the . The following are the three environmental levels: Internal environment: The Market environment organizational components utilized internally to develop, communicate, and deliver market products. Local factors that impact its capacity to service its clients in the external micro environment. External macroenvironment: the wider social influences that influence an organization's ability to survive, such as the economic
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even better products has come out with an even better product. as a result, the firm projects an roe of 15%, and it will maintain a plowback ratio of 0.40. its earnings this year will be $3 per share. investors expect a 11% rate of return on the stock.
The stock should be worth $10.91, which should give investors an 11% rate of return on the stock. Given the information provided, we can calculate the company's expected dividend by taking the company's earnings per share ($3) multiplied by the Plowback Ratio (0.40). This gives us an expected dividend of $1.20 per share.
To calculate the stock price, we take the expected dividend ($1.20) and divide it by the expected rate of return (11%). This gives us a stock price of $10.91. Therefore, the stock should be worth $10.91, which should give investors an 11% rate of return on the stock.
Return on Equity (ROE) is a measure of how well a company is performing and is calculated by taking a company's annual return (net income) divided by its total shareholders' equity. A ROE of 15% means that a company is generating 15 cents of net income for every dollar of shareholder equity invested in the company. The Plowback Ratio is a measure of a company's ability to reinvest its profits into its own operations, and a ratio of 0.40 means that a company is reinvesting 40% of its profits back into the company.
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identify the components of a business that make up its operations. (check all that apply.) multiple select question. human resources marketing information systems sales forecasts audits
Human resources, marketing information systems, sales forecasts, and audits are the key components of business operations.
What are business operations?A wide range of activities are referred to as business operations. In essence, it refers to what a business does on a daily basis to remain operational and generate revenue. Therefore, those operations can vary greatly from one organization to the next.
As a company expands, business activities change. Management should make plans to adapt to these changes to keep the system running smoothly. For instance, if a small firm expands, it must be prepared to manage new challenges like capacity, legal, and marketing issues. Errors and omissions will occur if the company does not adapt to the changes in business operations.
Consider an internet retailer. Their typical business operations could consist of:
Marketing and order processing.Web development and design.Sales Inventory control.fulfillment and storage.To know more about business operations, follow link:
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What is the right definition for "cookies" through internet when people talk about it?
Answer:
A cookie is information saved by your web browser
Explanation:
A cookie is information saved by your web browser. When you visit a website, the site may place a cookie on your web browser so it can recognize your device in the future.
In the context of the internet, "cookies" refer to small text files that are stored on a user's device when they visit a website. These files can be used to store information about the user's preferences, browsing history, and other data. When the user visits the website again, the website can access the information stored in the cookies to customize the user's experience or track their activity. Cookies can be useful for providing a more personalized experience for users, but they can also be used for tracking and targeted advertising. Users can choose to accept or block cookies through their web browser settings.
The three classifications on the statement of cash flows are cash flows from (Select all that apply.)
business activities.
discontinued activities.
financing activities.
investing activities.
operating activities.
The three classifications on the statement of cash flows are cash flows from financing activities (OPTION C). The net change in cash and cash equivalents entering and leaving a business is referred to as cash flow.
Money received and spent represents inflows and outflows, respectively. Spending that occurs in the normal course of business is included in cash flow from operations. business, the cost of items sold, rent, and utility bills are a few examples of these cash outflows. Cash outflows from corporate operations may vary significantly if they are highly seasonal. The precise amounts of a company's cash inflows and outflows over time are displayed in a cash flow statement.
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although you do not need to recite all of the information in your works cited list about your source, which of the following should you typically include in your oral citations?
Your oral citations should typically include the document type, the author, the publication date, and the author's credentials.
Malea is making a visual aid for a presentation about volunteering that she is presenting in class. She's trying to convince her audience to do more community service. She has used numerous graphs and images from various charity institutions. She feels good about her presentation and the visual aids she's using. There is just one issue: Malea wants to give credit oral citationsto the organizations for the images and charts, but she is unsure of how to do so in her presentation. You will discover in this course when and how to cite sources in a presentation as well as how to cite sources in a visual aid.
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on December 31, 20--, the following selected accounts and amounts appeared on the balancesheet for Duncan Company. Determine the amount of the working capital and the current ratio.Building $180,000Prepaid Insurance $1,800Merchandise Inventory $85,000Store Equipment $11,000Unearned fees $1,200Notes Payable (due in six months) $6,000Accumulated Depreciation, Building $62,000Accounts payable $25,000Land $50,000Cash $50,000Store Supplies $1,400Accumulated Depreciation, Store Equipment $8,000Notes Receivable (due in four months ) $1,500Mortgage Payanle (current portion) $4,400Salaries Payable $1,600M. Duncan, Capital $161,500Mortgage Payable (due in four years ) 86,000Working capital ______$Current ratio ______$
According to the following situation, the working capital of Duncan company is $ 101,500 and the current ratio of Duncan company is $ 3.66.
What is working capital?Working capital, often known as net working capital, is the distinction between current assets and current liabilities for a business.
A company's working capital is a gauge of its liquidity and immediate financial stability.
A corporation that has sufficient working capital is able to finance both its ongoing operations and its expansion plans.
Here,
Total of Current assets = Prepaid Insurance + Merchandise Inventory + Cash + Store Supplies + Notes Receivable
Total of Current assets = $1,800 + $85,000 + $50,000 + $1,400 + $1,500
Total of Current assets = $ 139, 700
Total of current liabilities = Unearned fees + Notes Payable + Mortgage Payable + Accounts payable + Salaries Payable
Total of current liabilities = $1,200 + $6,000 + $4,400 + $25,000 + $1,600
Total of current liabilities = $ 38,200
Working capital = Current assets - current liabilities
Working capital = $ 139,700 - $ 38,200
Working capital = $ 101,500.
Current ratio = Current assets / Current liabilities
Current ratio = $ 139,700 / $ 38,200
Current ratio = $ 3.66
Therefore, the the working capital of Duncan company is $ 101,500 and the current ratio of Duncan company is $ 3.66.
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a landlord can avoid liability for injuries that occur on rental property by including an exculpatory clause in the lease. True or False ?
False, by including an exonerating clause in the lease, a landlord can avoid being held responsible for accidents that take place on rental property.
Homes bought by an investor and leased to tenants under some other form of rental agreement are referred to as residential rental property. The term "rental property" refers to a piece of residential real estate that a borrower owns outright or acquires, as well as all improvements thereon, as well as all other rights, benefits, and earnings derived from or related to such property. Typically, a rental property should have a ROI of more than 10%, while 5% to 10% can still be considered appropriate. Due to the up-front costs of home ownership, however, the ROI might be lower in the first year. Fixer-uppers typically have a lower list price than turnkey homes, which can result in greater upfront savings.
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Parker, Inc. had a beginning balance in its Retained Earnings account of $386,250. During the year, the company declared an a $4,830 dividend and, at the end of the year,it reported Retained Earnings of $401,160. The company's net income for the ye was: Multiple Choice $19,740 $14,910 $10,080
The correct answer to the question is $10080. To find net profit victimization preserved earnings, you would like to the previous monetary period's recorded preserved earnings referred to as starting retained earnings, and add dividends back in.
In a beginning balance in its Retained Earning $386250
Add: Dividend Declared $ 4830
Less: Reported Earning $401160
The retained earnings are calculated by adding profit to (or subtracting internet losses from) the previous term's maintained earnings so subtracting any internet dividend(s) paid to the shareholders. The figure is calculated at the top of every accounting amount (monthly/quarterly/annually).
Since the statement of retained earnings is such a brief statement, it typically seems at an all-time low of the profit-and-loss statement when profit. Maintained earnings ending balance for accounting amount is capable of the maintained earnings at the start of the amount, and profit earned throughout the amount, minus dividends issued to shareholders throughout the amount.
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When one or more people agree to assume unlimited personal liability and responsibility for management of the business, a ____ exists.
a. secret partnership
b. general partnership
c. silent partnership
d. joint venture
e. LLC
When one or more people agree to assume unlimited personal liability and responsibility for management of the business, a general partnership exists.
What is general partnership?
A general partnership is a type of business organization when two or more people concur to divide all the assets, profits, and monetary and legal obligations of a jointly owned company. In a general partnership, partners consent to unrestricted liability, which means that obligations are uncapped and may be settled with the asset forfeiture of an owner. Additionally, any partner could be held liable for the obligations of the company.
Since taxes do not pass via the general partnership, each individual is accountable for their individual tax liabilities, including partnership earnings, on their income tax returns.
General partnerships give participants the freedom to set up their companies anyway they see fit, allowing partners to have more direct control over corporate operations.
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Any confirmation, invoice, sales slip, check, or e-mail may constitute a writing that satisfies the Statute of Frauds.
True
False
A writing that satisfies the Statute of Frauds can be any confirmation, invoice, sales slip, check, or email. IT IS TRUE WHAT IS SAID
The accompanying contracts must all be in writing or backed by a written memorandum according to state law:
1. Deals concerning real estate interests.
2. Contracts that, under their conditions, cannot be fulfilled within a year of the day they were formed.
3. Collateral covenants, such as obligations to pay back someone else's debt or obligation.
4. Promises made with matrimony in mind.
5. Contracts for the sale of products costing $500 or more are covered by the Uniform Commercial Code.
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If you were selected for this grant, how would you use the funds in the next year?
The funds from the grant if selected would be used to take care of a business funding.
What is a grant?To finance your ideas and initiatives for delivering public services and boosting the economy, the government may provide grants. Numerous programs included in the Catalog of Federal Domestic Assistance, including vital recovery activities, ground-breaking research, and others, are supported through grants
Grants are one of several types of financial aid provided by the federal government. The phrase "federal financial aid" refers to a wide range of methods the American government uses to allocate funds to those who qualify. Opportunities for grants and cooperation agreements from federal agencies that offer grants are listed on a government website.
Creating the funding opportunity, accepting applications, deciding on awards, and effectively executing the award are all steps in the grant process' linear lifespan.
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Under IFRS 15, Revenue from Contracts with Customers, which of the following is NOT one of the steps to be applied in the recognition of revenue across a wide range of transactions and industries? Multiple Choice Identify the contract with a customer. Identify the separate performance obligations in the contract, Do not separate the transaction price for separate performance obligations if the contract is a bundled contract where goods and services are not sold separately Determine the transaction price.
Do not separate the transaction price for separate performance obligations if the contract is a bundled contract, is NOT one of the steps to be applied in the recognition of revenue across a wide range of transactions and industries.
The Five-Step Model is used by IFRS 15 to recognize and measure revenue.
* List the agreement(s) with customers (Initial Recognition).
* List the performance requirements (Initial Recognition).
* Calculate the transaction price (Initial Measurement).
* Distribute the Transaction Price (Initial Measurement).
* As soon as performance obligations are met, recognize the revenue (Recognition).
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If Pete was only 20 percent at fault for an auto accident in a state that relies on the contributory negligence standard, he could collect 80 percent of his damages from the other party.True or False
False. In a state that applies the contributory negligence standard, Pete could not recover any damages from the opposing party if he was just 20% at blame for an auto accident.
What is negligence, exactly?
According to the algebraic Learned Hand formula (B = PL), culpability depends on the relationship between investment in precaution (B) and the product of the probability (P) and size (L) of harm as a result of the accident. If PL is greater than B, the defendant should be held accountable.
Which four forms of negligence are there?
Although it may appear simple, there are four different categories of negligence that include gross negligence, comparative negligence, contributory negligence, and vicarious negligence or vicarious liability.
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When communicating with its target audience, Taco Bell considered each of its _____ including social media channels, packaging, point of purchase displays, and advertising. These places of contact between a firm and its customers are critical elements for building an integrated marketing communication plan.
a. sources
b. products
c. noises
d. touch points
e. traffic generators
Taco Bell considered each of its touch points including social media channels, packaging, point of purchase displays, and advertising.
Advertising and marketing is the exercise and techniques employed to bring attention to a products or services. advertising and marketing ambitions to place a services or products inside the highlight in hopes of drawing it attention from customers.
Purchasing is the prepared acquisition of goods and offerings on behalf of the shopping for entity. shopping activities are had to ensure that wanted objects are received in a timely manner and at a reasonable price.
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Answer: D, touch points
Explanation:
vystar credit union is a member-owned financial cooperative that is headquartered in jacksonville, florida. it offers a comprehensive selection of products, including deposit and loan services for consumers and businesses, as well as investments, insurance, retirement planning and financial counseling.
Jacksonville is the home of Jacksonville-based member-owned financial cooperative VyStar Credit Union. VyStar assists credit union members in achieving their financial objectives while giving back to the community as a member-owned, member-managed financial cooperative.
What is VyStar?
VyStar is a member-owned, non-profit financial company that makes a straightforward commitment and provides cheap fees and great rates. Members receive first-rate service, favorable rates, and free accounts from VyStar Credit Union. It provides a wide range of goods, including loans and deposits. It provides a wide range of goods, such as deposit and loan services for individuals and businesses, investments, insurance, and retirement.The Union offers a variety of financial products and services, including loans, investments, savings, credit and debit cards, deposit certification, safe deposit boxes, and online banking.
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Occupations, robots are replacing humans. As it turns out, robots make very good house cleaners, but very poor guidance minants of demand for the two services are roughly similar, you would expect the demand for human guidance counselors to be the demand for human house cleaners. One factor that affects the elasticity of demand for labor is its share of total production costs. The smaller labor's share of production costs, the elasticity of demand for labor. The year is 2033. In many occupations, robots are replacing humans. As it turns out, robots make very good house cleaners, but very poor guidance counselors. Assuming the other determinants of demand for the two services are roughly similar, you would expect the demand for human guidance counselors to be the demand for human cleaners. One factor that affects the elasticity of demand share of total production costs. The smaller labor's share of production costs, the the elasticity of demand for labor.
As it turns out, robots make very good house cleaners, but very poor guidance minants of demand for the two services are roughly similar, you would expect the demand for human guidance counselors to be less elastic than the demand for human house cleaners.
RobotsThe study of robots is known as robotics. Robots are machines that can do tasks. Some robots can do tasks on their own. Other robots must always be instructed on what to do. ROBOTS is a periodical of IEEE Spectrum, the flagship publication of the IEEE, the world's biggest technical professional organization dedicated to technological growth. ROBOTS contributes to IEEE's aim of advancing technology for mankind and the engineering profession, as well as introducing students throughout the world to careers in technology.
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on july 1, year 1, a company obtained a 2-year 8% note receivable for services rendered. at that time, the market rate of interest was 10%. the face amount of the note and the entire amount of the interest are due on june 30, year 2. interest receivable at december 31, year 1, was
The face amount of the note and the entire amount of the interest are due on June 30, year 2. interest receivable at December 31, year 1, was 4% of the face amount of the note.
The notional amount is the value printed on the face of the financial instrument. Term usually refers to the amount stated on the bond certificate that the issuer is obliged to pay at maturity of the bond. This denomination is usually set at $1,000.
Notional is what the words and numbers on the printed page of a financial instrument literally mean. The notional amount is often used in the context of life insurance and refers to the amount expected to be paid to the deceased beneficiary at the time of loss or maturity of the policy.
Life insurance face value, or face value, is the amount an insurance company pays to a beneficiary if the policyholder dies. For example, if you purchase a $100,000 life insurance policy, the face value of the policy is $100,000.
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Similarity of cultures can make or break an economic union. Although there is great cultural diversity in the European Union, key members share ___________________ and are commonly aware of being European.
The similarity of cultures can make or break an economic union. Although there is great cultural diversity in the European Union, key members share a long-established Christian heritage and are commonly aware of being European.
The European Union is a unique partnership between 27 European countries, known as Member States, or EU countries. Together they cover much of the European continent. The EU is home to about 447 million people, which is around 6% of the world's population. Citizens of the EU countries are also EU citizens. European integration began to take shape in the 1950s, but the modern union was founded in 1992 with the Maastricht Treaty.
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as temperature decreases the fraction of the total number of atoms that are capable of diffusive motion
As temperature decreases the fraction of the total number of atoms that are capable of diffusive motion decreases.
The proportion of all atoms capable of diffusive mobility decreases with decreasing temperature.
Increased energy from higher temperatures causes the molecules to move more quickly, speeding up the diffusion process. Lower temperatures cause the molecules' energy to drop, which lowers the diffusion rate. Solvent density: The rate of diffusion reduces as a solvent's density rises.
The diffusivity considerably rises as the temperature rises. According to the Stokes-Einstein equation, viscosity and temperature are correlated in the following ways: Because it lowers viscosity, raising the temperature is therefore effective both in and of itself.
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allow investors with a relatively small amount of money to indirectly hold a diversified portfolio, which allows them to invest in stocks more safely than they could otherwise. True or False
There are many different kinds of portfolio, such as the market portfolio and the portfolio with no investments. Dividend weighting, equal weighting, capitalization-weighting, price-weighting, risk parity,
the capital asset pricing model, arbitrage pricing theory, the Treynor ratio, the Sharpe diagonal (or index) model, the value at risk model, modern portfolio theory, and others are some of the investment approaches and principles that can be used to manage the asset allocation of a portfolio. The performance and returns of a portfolio may be determined using a variety of techniques. The genuine time-weighted strategy is one that many investors in financial markets prefer over more conventional methods such employing quarterly or monthly money-weighted returns. Additionally, a number of methods exist for determining how well a portfolio performed as compared to an index or benchmark,
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Explain the role projects play in the strategic management process?
In the strategic management process, projects play a key role in helping organizations achieve their strategic goals and objectives.
What is strategic management?
Strategic management is the process of defining an organization's direction and making decisions on allocating its resources to pursue this direction. It involves analyzing the organization's internal and external environment to identify opportunities and threats, and then formulating and implementing strategies to take advantage of those opportunities and mitigate those threats.
Projects are temporary endeavors that are undertaken to create a unique product, service, or result. They are a key tool for implementing strategic initiatives and can help organizations achieve their long-term goals by breaking them down into smaller, more manageable pieces.
In the strategic management process, projects can serve several purposes:
Implementing strategies: Projects can be used to put strategies into action by defining specific tasks, assigning responsibilities, and setting deadlines.Measuring progress: Projects provide a way to track progress towards strategic goals and objectives, allowing organizations to assess whether they are on track to achieve those goals.Allocating resources: Projects allow organizations to allocate resources, such as time, money, and personnel, in a targeted and efficient manner.Reducing risk: By breaking strategic initiatives down into smaller projects, organizations can reduce the risk of failure and more easily adapt to changes in the internal or external environment.Hence, the role of projects in the strategic management process is to help organizations achieve their long-term goals and objectives by providing a structured way to implement strategies, measure progress, allocate resources, and manage risk.
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bigs law firm received $1,000 in advanced on may 1 from a client for a case to be completed next month.
Debit Unearned revenue $300
Credit Revenue $300
Being entries to recognize revenue earned on completion of job.
On receipt of the $1,000 in advance on May 1, the entries posted are;
Debit Cash account $1,000
Credit Unearned revenue $1,000
Being entries to recognize the amount received in advance.
On completion of work worth $300, the required entries are;
Debit Unearned revenue $300
Credit Revenue $300
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Complete Question is - Bigs Law Firm received $1,000 in advanced on May 1 from a client for a case to be completed next month. During the month of May, Bigs completed $300 worth of work.
The journal entry to record the revenue earned would be:________
What Is Asset Allocation and Why Is It Important? With Example
Asset allocation is the process by which the amount or proportion of the investment portfolio to be allocated to different types of assets is decided, it is of utmost importance as it is an investment strategy.
What is asset allocation?As we have already mentioned, it is a set of decisions that stipulate the proportion of an investment portfolio to be allocated to different types of assets in order to maximize profits.
This process is important because it allows to balance the economy through the construction or business management, this strategy allows to reduce risks and increase profits.
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True or False, parametric estimating uses three estimates to generate a weighted average which best represents the overall resource requirement.
Analogous estimating is fundamentally contrasting one task with one more comparative in size and intricacy at the undeniable level and is utilized when there is restricted data free.
What is parametric estimating?
A method for estimating project cost and term, utilized especially in the Existence Sciences, Designing, and Development ventures, in which the task is displayed utilizing predefined calculations.
For instance, in view of verifiable information, you realize it requires 30 minutes for every gadget. Assuming you utilized closely resembling cost assessing, you'd increase the 105 gadgets by 30 minutes to get a gauge of 3,150 minutes or 52 hours, 30 minutes.
Analogous estimating is fundamentally contrasting one task with one more comparative in size and intricacy at the undeniable level and is utilized when there is restricted data free.
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quantities are 4,000, 3,000, 7,500, and 3,000 for products a, b, c, and d, respectively. (round your answer to the nearest integer.)
The Paasche index for year 5 if products quantities are 4,000, 3,000, 8,000, and 3,000 for products A, B, C, and D, respectively is 167.
Paasche price index or Paasche index is one of consumer price index used to measure the change in the price and quantity of a basket of products relative to a base year price and quantity. Paasche index calculates inflation and how it impacts the consumer purchasing patterns
Paasche price index could be calculated using this formula:
Paasche price index = ∑(Pi,t) x (Qi,t) x 100
∑(Pi,0) x (Qi,0)
where:
Pi,0 = price of individual item at base year
Pi,t = price of individual item at observation period
Qi,t = quantity of individual item at observation period
From the case, we know that:
Products Q5 S1 S5 Q5xS1 Q5xS5
A 4,000 10.50 15.90 42,000 63,600
B 3,000 16.25 33.00 48,750 99,000
C 8,000 12.25 18.40 98,000 147,200
D 3,000 20.00 35.50 60,000 106,500
Total 248,750 416,300
Using the Paasche price index formula, we get:
Paasche price index = 416,300 x 100
248,750
Paasche price index = 167.36
Paasche price index ≈ 167
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Complete Question:
A certain manufacturing company has the following data on quantities shipped and unit costs for each of its four products
(in the attached picture bellow)
Use the price data to compute a Paasche index for the shipping cost if year 5 quantities are 4,000, 3,000, 8,000, and 3,000 for products A, B, C, and D, respectively (Round your answer to the nearest integer).
I5 =
Thornton Corporation has extensive liabilities denominated in Cyprus pounds resulting from imports from Cyprus. However, Thorton sells only in the United States and its revenues are denominated solely in U.S. dollars. Thorton has no foreign subsidiaries. Which of the following is probably NOT true?
A) Thornton would benefit from a depreciation of the Cyprus pound. B) Thornton has at least some economic exposure. C) Thorton has at least some translation exposure. D) Thorton has at least some transaction exposure.
Thorton has at least some transaction exposure. Option D
What are Liabilities?
A liability is an obligation that a person or business has, typically financial in nature. Over time, liabilities are resolved by the transmission of economic advantages like cash, products, or services.
Liabilities on the balance sheet's right side are represented by debts like as loans, accounts payable, mortgages, deferred revenue, bonds, warranties, and accumulated costs.
Assets can be contrasted with liabilities. Assets are items you own or owe money to, whereas liabilities are debts or other obligations.
The short-term financial obligations of a company that are due in a year or within its typical operational cycle are known as current liabilities (e.g. accounts payable).
On the balance sheet, obligations that aren't due for more than a year are described to as long-term (non-current) liabilities.
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