I would prefer to use a computerized record keeping system such that i can automate some task and also prevent it from loss through back ups
What type of record keeping system would I use for a businessWhen setting up a record keeping system for a business, the first step is to determine the type of records that need to be maintained. These may include financial records, employee records, customer information, and inventory records, among others. Once the types of records are identified, the business owner can choose the appropriate record keeping system.
There are different types of record keeping systems, including manual systems using accounting ledgers, spreadsheet programs, or accounting software. The choice of a particular system depends on the size of the business, the complexity of transactions, and the level of expertise in record keeping.
In general, computer-based systems are more efficient and accurate than manual systems, and they can provide real-time access to financial information. Accounting software can also automate tasks such as invoicing, payroll, and tax reporting. However, manual systems can be sufficient for small businesses with simple transactions, and they may be less expensive.
Regardless of the type of record keeping system chosen, it is important to protect the records from loss due to disasters such as fire or hard drive crashes. This can be achieved by keeping backup copies of the records in a secure location, such as a safe or a cloud-based storage system. It is also advisable to have a disaster recovery plan in place to ensure the business can quickly recover from any disruption.
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Africanisation (how will you incorporate the learners culture or heritage into the contemporary socio-economic issues lesson
By incorporating culturally relevant examples, guest speakers, local data, cross-cultural comparisons, a multilingual approach, and artistic expressions, we can incorporate learners' culture or heritage into the contemporary socio-economic issues lesson.
To incorporate the learners' culture or heritage into a contemporary socio-economic issues lesson, it is important to create a culturally responsive and inclusive learning environment that recognizes and values the African context. Here are some strategies to achieve this:
Culturally Relevant Examples: Use examples and case studies from African countries or communities that relate to the socio-economic issues being discussed. This helps students connect with the content on a personal and cultural level, fostering engagement and understanding.
Guest Speakers and Community Involvement: Invite guest speakers from diverse African backgrounds who can share their experiences and perspectives on the socio-economic issues being studied. This provides authentic and firsthand insights into how these issues manifest in different African contexts.
Local Data and Research: Incorporate local data and research from African sources to illustrate the impact of socio-economic issues. This helps students see the relevance of these issues within their own communities and promotes a sense of ownership and empowerment.
Cross-Cultural Comparisons: Encourage students to explore and compare socio-economic issues between African countries, as well as with other regions of the world. This broadens their perspective, promotes critical thinking, and encourages understanding of global interconnections.
Multilingual Approach: Recognize and embrace the diversity of languages spoken by students. Incorporate key terms, discussions, and resources in various African languages, ensuring that students can engage with the content in their native languages and feel valued.
Art, Music, and Literature: Incorporate African art, music, and literature that address socio-economic issues. This helps students explore these topics through creative expressions that resonate with their cultural heritage.
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Martha has just started a small retail store in the city. There are popular and older retailers in the same locality. In the first two months, people have been reluctant to walk into Martha’s retail store. They seem to be happy with the more established retailers, even though Martha’s business delivers quality products. Which barrier to entry is Martha experiencing as a first-time entrepreneur? A. She does not gain the benefits of economies of scale. B. Her competitors enjoy good brand loyalty. C. She does not have sufficient capital to fund her business. D. She does not have access to the right distribution channels.
Answer:
B: Her competitors enjoy good brand loyalty
Explanation:
Plato
Three different methods for assembling a product were proposed by an industrial engineer. To investigate the number of units assembled correctly with each method, 30 employees were randomly selected and randomly assigned to the three proposed methods in such a way that each method was used by 10 workers. The number of units assembled correctly was recorded, and the analysis of variance procedure was applied to the resulting data set. The following results were obtained: SST = 10,730; SSTR = 4520.
The analysis of variance (ANOVA) table is a tabular representation of the findings. It details each source of variation's sources of variation, degrees of freedom, sum of squares, mean squares, and F-ratio.
The ANOVA tableTo set up the ANOVA table, we need the following information:
Total sum of squares (SST): 10,800
Sum of squares between treatments (SSTR): 4560
Calculating the sum of squares within treatments (SSE):
SSE = SST - SSTR
SSE = 10,800 - 4560
SSE = 6240
For degrees of freedom (df),
Total degrees of freedom (dfTotal) = Total number of observations - 1
Treatment degrees of freedom (dfTreatment) = Number of treatments - 1
Error degrees of freedom (dfError) = dfTotal - dfTreatment
In this case.
Total number of observations = 30
Number of treatments = 3
dfTotal = 30 - 1
= 29
dfTreatment = 3 - 1
= 2
dfError = 29 - 2
= 27
Calculating mean squares (MS),
MST = SSTR / dfTreatment
MSE = SSE / dfError
MST = 4560 / 2 = 2280
MSE = 6240 / 27 ≈ 231.85
Calculating the F-ratio,
F-ratio = MST / MSE
F-ratio = 2280 / 231.85
≈ 9.83
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Question:
Three different methods for assembling a product were proposed by an industrial engineer. To investigate the number of units assembled correctly with each method. 30 employees were randomly selected and randomly assigned to the three proposed methods in such a way that each method was used by 10 workers. The number of units, assembled correctly was recorded, and the analysis of variance procedure was applied to the resulting data set. The following results were obtained: SST = 10,800. SSTR = 4560. Set up the ANOVA table for this problem. Using alpha = .05. test for any significant difference in the means for the three assembly methods.
Construct for your own group a portfolio consisting of 3 items:
- 2 stocks: 10 000 and 20 000 shares each.
- 1 commodity: 500 units.
a) Get the real price movement from the market (it can be either domestic or foreign one). Applying the guidance on slide 17 onwards in Chapter Market risk 3, calculate 1-day VAR and ES for your portfolio at 97.5% confidence level. Show your prices and calculation on an attached Excel sheet.
b) Suppose that the returns of your portfolio are normally distributed, calculate:
i) VAR and ES for 10-day time window.
ii) VAR and ES for 99% and 95% confidence levels
Answer:
a or b hope it help ok thank you
TB MC Qu. 13-81 (Algo) A customer has requested that ABC Corporation... A customer has requested that ABC Corporation fill a special order for 2,800 units of product S47 for $32 a unit. While the product would be modified slightly for the special order, product S47's normal unit product cost is $17.70: Direct materials $ 5.20 Direct labor 3.00 Variable manufacturing overhead 2.30 Fixed manufacturing overhead 7.20 Unit product cost $ 17.70 Assume that direct labor is a variable cost. The special order would have no effect on the company's total fixed manufacturing overhead costs. The customer would like modifications made to product S47 that would increase the variable costs by $1.30 per unit and that would require an investment of $16,000.00 in special molds that would have no salvage value. This special order would have no effect on the company's other sales. The company has ample spare capacity for producing the special order. The annual financial advantage (disadvantage) for the company as a result of accepting this special order should be:
Answer:
Financial advantage $40,560
Explanation:
A special order request is financially worthy if the sales revenue from the special order is over and above the relevant cost of producing it.
The relevant variable cost will be determined as follows
Unit variable cost =5.20+ 3 +2.30+ 1.30= 11.8
Special machine= 16,000
$
Sales from special order (2,800× $32) = 89,600
Variable cost ( 2800 × $11.8)= (30,000 ) (33,040)
Investment in special machine (16,000)
Financial advantage 40,560
Note that the fixed manufacturing overheads were not included in the analysis, simply because they are not relevant. In other words, whether or not the special order is accepted these fixed costs would be concurred either way.
Financial advantage $40,560
Current Attempt in Progress
Bonita, Inc. reported net income of $2.25 million in 2022. Depreciation for the year was $144,000, accounts receivable decreased $315,000, and accounts payable decreased $252,000.
Compute net cash provided by operating activities using the indirect method.
The indirect method, in its broadest sense, refers to a method of calculating cash flow that relies on transactions to identify payments and expenses rather than cash on hand. Hence
What is Indirect Cash flow ?The indirect technique calculates how much money a business earned or spent during a specific time period from numerous sources.
Using the indirect approach, net income (also known as net profit) at the end of the reporting period is used to compute cash flow.
Then, using information from the balance sheet, you modify this net income amount and eliminate the impact of non-cash transactions that are displayed on the profit and loss statement.
Hence Amount ($) in million
Net Income 2250
(+) Depriciation 144
(+) Account Receivable 315
(-) Account Payable (252)
$ 2,457
Hence Net Cash from operating Activity will be $ 2.457 million
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The following price reductions are available
The biggest price reduction is two for the price of one.
How to explain the informationLet's use 50 cents as the price of the item
Two for the price of one = $.50 for two (or $.25 each).
Three for the price of two = $1.00 for 3 or approximately $.33 each. Buy one get 25% off the 2nd means $.50 + (.125 which is 25% of $.50) for a total of $.625 or about $.63 ($.315 or about $.32 each).
Buy Two get 50% off the 2nd means $.50 for the first and $.25 for the 2nd for a total of $.75 or $.375 - about $.38 each
We can see that two for the price of one is the best value since you save $.25 off of $.50 (that's half) and that buy two get 50% off the 2nd is the smallest price reduction since the $.50 item only goes down to $.38 or twelve cents off.
This would work no matter what the cost of the item. The savings would still be in the same proportions.
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The following price reductions are available
"Two for the price of one"
"Three for the price of two"
"Buy one and get 25% off the second"
"Buy two and get 50% off the second one"
Questions:
"Which of these four different offers gives the biggest price reduction? Explain."
"Which of these four different offers gives the smallest price reduction? Explain."
Transacion Transaction Amount
number (Year 2017)
1 Interest paid by a Country B’s corporation on a
bond owned by a Country A’s bank $1’000
2 Interest paid by Country A’s government on a treasury
bills owned by Country C’s government $2’000
3 Country A imports of coffee from Country B $3’000
4 Country A’s citizen donation to a Non-Governmental-
Organization located in Country A $4’000
5 Country A’s sale of Country C’s government bonds $5’000
6 Country B’s export of raw materials to Country C $6’000
Which transactions belong to Country A's current accounts?
a. 3,4, and 5.
b. 3 and 5.
c. 1,2, 3, 4, 5.
d. 1,2,3.
Answer:
d. 1,2,3
Explanation:
Current assets or liability is any transaction which provides benefit or is an obligation for one year. There are transaction related to interest expense and interest receivable in Country A. These transactions are assumed to provide benefit for one year. The import is also considered and incorporated in current account because it will provide monetary value for less than a year.
Jonathan has a universal life insurance policy with a face value of $500,000. The current cash value of the policy is $11,260. Jonathan wants
to stop paying premiums for a few months while he changes jobs. The premium is $134 per month.
The cash value of the policy be, without adding any interest, if he doesn’t pay the premiums for a year is $9,652
What is insurance policy?An insurance policy is a contract between one and insurance company which spelt out details of the agreement.
Jonathan has a policy with a face value of $500,000
The current cash value of the policy is $11, 260
The premium is $134 per month. He wants to stop paying premium for few months while he changes job.
Thus, the annual premium is,
= $134 * 12
= $1,608
Now if Jonathan does not pay the premiums for a year, then the cash value of the policy without adding interest is
= $11,260 - $1,608
= $9,652
Hence, the cash value of the policy be, without adding any interest, if he doesn’t pay the premiums for a year is $9,652
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You are given the following information for Lightning Power Company. Assume the company’s tax rate is 24 percent.
Debt: 9,000 5.8 percent coupon bonds outstanding, $1,000 par value, 24 years to maturity, selling for 106 percent of par; the bonds make semiannual payments.
Common stock: 420,000 shares outstanding, selling for $60 per share; beta is 1.11.
Preferred stock: 18,000 shares of 3.6 percent preferred stock outstanding, a $100 par value, selling for $81 per share.
Market: 5 percent market risk premium and 4.6 percent risk-free rate.
What is the company's WACC?
The Weighted Average Cost of Capital (WACC) for Lightning Power Company is 9.84%.
To calculate the Weighted Average Cost of Capital (WACC) for Lightning Power Company, we need to determine the cost of each component of its capital structure and their respective weights. The WACC is the weighted average of these costs.
Cost of Debt:
The debt component consists of 9,000 bonds with a 5.8 percent coupon rate, a $1,000 par value, and selling for 106 percent of par. The semiannual coupon payment is calculated as (5.8% * $1,000) / 2 = $29.
The current market price of the bond is 106% of $1,000, which is $1,060. The yield to maturity (YTM) can be calculated using financial calculators or Excel. Let's assume the YTM is 4.5%. Therefore, the cost of debt is 4.5%.
Cost of Common Stock:
The cost of common stock is determined using the Capital Asset Pricing Model (CAPM). The risk-free rate is given as 4.6%, and the market risk premium is 5%. The beta for Lightning Power Company's common stock is 1.11.
Using the CAPM formula: Cost of equity = Risk-free rate + Beta * Market risk premium. Therefore, the cost of equity is 4.6% + 1.11 * 5% = 9.71%.
Cost of Preferred Stock:
The cost of preferred stock is the dividend yield, which is the preferred dividend divided by the market price per share. The preferred stock has a 3.6% dividend yield, and it is selling for $81 per share. Therefore, the cost of preferred stock is 3.6% / $81 = 4.44%.
Next, we need to determine the weights of each component based on their market values. The market value of debt is 9,000 * $1,060 = $9,540,000. The market value of common stock is 420,000 * $60 = $25,200,000.
The market value of preferred stock is 18,000 * $81 = $1,458,000. The total market value of the company's capital structure is $36,198,000.
Now we can calculate the WACC using the formula:
WACC = (Weight of Debt * Cost of Debt) + (Weight of Equity * Cost of Equity) + (Weight of Preferred Stock * Cost of Preferred Stock).
Weight of Debt = $9,540,000 / $36,198,000 = 0.2639 (26.39%)
Weight of Equity = $25,200,000 / $36,198,000 = 0.6961 (69.61%)
Weight of Preferred Stock = $1,458,000 / $36,198,000 = 0.0401 (4.01%)
Plugging in the values, we get:
WACC = (0.2639 * 4.5%) + (0.6961 * 9.71%) + (0.0401 * 4.44%) = 2.88% + 6.78% + 0.18% = 9.84%.
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Can someone explain to me this economics homework assignment?
An endogenous variable is a variable that is determined within a model or system. An example could be the level of employment in a particular region, which is determined by factors such as population, labor force participation rate, and job creation within the region.
What is an exogenous variableAn exogenous change is a change that occurs outside of a model or system and affects it. For example, an exogenous change could be a sudden increase in the price of oil due to geopolitical events, which could impact the overall economy.
An exogenous change can impact various factors of spatial utility, depending on the nature of the change. For example, if there is a sudden increase in the price of oil, this could impact transportation costs, which in turn could impact the accessibility of goods and services, and therefore impact the spatial utility of different locations. Similarly, an exogenous change in government policies or regulations could impact the availability of certain amenities or resources in a given location, and therefore impact the spatial utility of that location.
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1. Identify an endogenous variable
2. Identify an exogenous change
3. Which factor of (spatial) utility does an exogenous change impact? In what ways?
Solvency refers to: A. long-term ability to generate sufficient cash to satisfy plant capacity needs, fuel growth, and to repay debt when due. B. short-term ability to fund the company's operating needs. C. long-term ability to generate cash to for plant capacity needs and to fuel growth. D. the company's ability to generate sufficient cash to repay debt when due.
Answer:
A. long-term ability to generate sufficient cash to satisfy plant capacity needs, fuel growth, and to repay debt when due.
Explanation:
Solvency is defined as the long-term ability of a business the generate enough cash flow that will allow it to continue its operations and also to pay of its debt when due.
It is used as a measure of the financial health of the business.
A business with good solvency has a high probability of remaining in operation for the foreseeable future.
1. In a manufacturing firm, product costs include: ______
a. all GAAP costs
b. all variable costs
c. all manufacturing costs
d. all fixed costs all non-manufacturing costs
2. Period costs include:
a. all fixed costs
b. all non-manufacturing costs
c. all variable costs
d. all non-GAAP costs
e. all manufacturing costs
Answer and Explanation:
1. The product cost involved all the manufacturing cost i.e. direct cost that includes direct material, direct labor, manufacturing overhead etc
2. The period cost involved non-manufacturing cost i.e. indirect cost like rent expense, fixed selling & admin expenses, depreciation expense, etc
Therefore for 1 the option c is correct and for 2 the option b is correct
1. In a manufacturing firm, product costs include all manufacturing costs. Thus, option C is the correct option.
2. Period costs include all non-manufacturing costs. Thus, option B is the correct option.
Product Costs are the expenses incurred during a product's creation. Materials, labor, production supplies, and factory overhead are all included in these prices. A product cost includes the price of the labor needed to provide a service to a consumer.
Period costs are any expenses that are not accounted for in product costs. The manufacturing method is not directly related to period expenses. Period costs include overhead and sales, general, and administrative (SG&A) expenses. Period costs are expenses that are not connected to or related to the creation of inventories in management and cost accounting.
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It is better to ___ than to ___.
A. pay with a credit card; use cash
B. pay down a credit card; save the money
C. save the money, pay off a credit card
D. use cash; save the money
Answer:
It is better to pay down a cred card than to save the money.
Or B
Explanation: I just took the quiz.
It is better to "save the money, pay off a credit card" than to "use cash". The correct option is C.
Why is it important to save money early?The first step toward financial independence is saving money. The sooner children and teenagers begin saving, the more probable it is that it will become a habit. Children and teenagers can benefit from compound interest by saving frequently and early. Finding ways to generate additional money might help kids and teenagers increase their savings.
This is because paying off a credit card debt can help reduce overall debt and save money in the long term by avoiding high-interest charges. On the other hand, using cash may provide a sense of security and control over spending, but it does not necessarily address existing debt or help build credit history.
Thus, the ideal selection is option C.
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Your food truck at City Park is open year-round, but your sales are highest in the summer. Which action should you take in deciding whether or not to buy a newer food truck
The action that should be taken in making the decision will be D. Model the scenarios based on the likelihood of receiving increased cash flow.
From the complete question, it should be noted that taking into account the city license and utility costs when making a decision isn't the appropriate thing to do in this case.
It's important to model the scenarios based on the likelihood of receiving increased cash flow. This will help in deciding whether or not to buy a newer food truck.
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In management, scholars argue that,1 + 1 = 10. Do you agree? Explain.
Answer:
I disagree.
Explanation:
Scholars may argue that 1+1= 10. But in fact if you do simple addition, 1+1 is 2. Not 10.
Rowan is interested in becoming a florist. Her mother’s best friend works at the local flower shop and has agreed to let Rowan observe what she does after school for a week. This is an example of _____.
a. an internship
b. job shadowing
c. vocational education
d. volunteer work
Answer:
B: Job Shadowing
Explanation:
on edgen
Answer:
pretty sure its b
Explanation:
sorry if im wrong
Suppose that Ned can produce either potato chips or computer chips. If he only produces potato chips he can produce 50 in a day. If he only produces computer chips, he can produce 25 in a day. Drag the endpoints of the line to plot his production possibilities frontier (PPF) on the graph.
What is the opportunity cost of potato chip production in terms of computer chips?
a. 4/3
b. 1/2
c. 3/4
d. 25
e. 2
f. 50
The opportunity cost of producing potato chips in terms of computer chips for Ned is 1/2. This means for every potato chip he produces, he is giving up the opportunity to produce 1/2 of a computer chip.
Explanation:The opportunity cost of a good or service is the value of the next best alternative that must be forgone to produce that good or service. In this case, we are asked to calculate the opportunity cost of producing potato chips in terms of computer chips for Ned, who can produce 50 potato chips or 25 computer chips in a day.
To calculate the opportunity cost, we use the formula:
Opportunity Cost = What You Sacrifice / What You Gain
If Ned decides to make potato chips, we need to determine what he is sacrificing. If he makes potato chips, he sacrifices the ability to make 25 computer chips. Therefore, the opportunity cost of making each potato chip is: Opportunity Cost = 25 Computer Chips / 50 Potato Chips = 0.5 or 1/2 computer chips.
So, the opportunity cost of potato chip production in terms of computer chips is 1/2 (option b).
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What is the purpose of a thesis?
A)It protects you against plagiarism.
B)It completes your outline.
C)It states what your paper will prove.
D)It organizes your first paragraph.
Answer:
C. It states what your paper will prove
Explanation:
Sorry if it wrong
One of Christina’s colleagues works with her on developing a more standards-driven environment in her classroom. The two teachers locate a state standard relevant to Christina’s class, and the veteran teacher helps Christina “unpack” the standard as she plans her lesson. What is the first thing that Christina should do?
The first thing Cristina should do to create a more standards-oriented environment in her classroom is to create positive relationships with her students.
How to create a positive educational environment?It is necessary for the teacher to be organized according to the methodologies required by the institutional standard, as standardization generates the systematization of processes so that student learning and development occurs in a similar way, without bias, for example.
Therefore, the standardization of teaching helps in conformity, structuring and systematization, essential for the formation of relationships and educational culture favorable to social, cognitive and academic development.
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Sự gia tăng về giá cả một loại hàng hóa nào đó không chắc chắn là sự gia tăng của lạm phát.đúng hay sai?
Explain how each concept-Scarcity,choice,and opportunity cost-relate to your dilemma.Use three separate statements in your response,one for each concept.
If choosing one alternative necessitates sacrificing another, that good is considered to be scarce. Alternative uses exist, which pushes us to make decisions. Any decision has an opportunity cost, which is the value of the best alternative given up.
The value or advantage forfeited by engaging in a specific activity in comparison to engaging in a different activity is known as the opportunity cost in microeconomic theory. Simply put, it means that if you choose one activity, you forfeit the chance to do another.
The opportunity cost is the amount of time spent learning and the money that could be used elsewhere. When a farmer decides to grow wheat, there is an opportunity cost associated with not doing so or using the resources in another way (land and farm equipment). Instead of driving, a commuter takes the train to work.
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What is yall favorite sport to play? And why?
"Sorry to put you through that test. We're more like a team of investors than operational partners even Seth and Jia, who started the restaurant 30 years ago. So we need to be sure you'll run the restaurant ethically. Everybody did love Julio, but he was a mess. We'd never hire him back. We'd like to hire you, but on a probationary basis for three months. What do you need to get started
Explanation:
Analyzing all the information related to the question above, a good strategy for an effective start would be to adopt good work practices such as organization and ethics, which were information provided by investors about what they expect from the new manager. That is why it is necessary to establish an effective and positive communication with employees and customers of the restaurant, be an ethical professional who meets the requirements and policies proposed by the company, etc.
A good strategy also to start in the internship regime and make a good impression for investors would be to talk with the establishment's prominent employees about the best practices to be adopted in the restaurant to be successful.
Pizza International, Incorporated, reported the following information (in thousands):
Operating Activities
Net Income $ 100
Depreciation 33,305
Increase in receivables 170
Decrease in inventory 643
Increase in prepaid expenses 664
Decrease in accounts payable 8,720
Increase in accrued liabilities 719
Decrease in income taxes payable 2,721
Payments on notes payable 12,691
Cash paid for equipment 29,073
The following is the summarized income statement for Pizza International, Incorporated (in thousands):
Revenues $ 143,551
Cost of Sales 45,500
Gross Profit 98,051
Salary and Wages Expense 56,835
Depreciation 33,305
Office Expense 7,781
Net Income before Income Tax Expense 130
Income Tax Expense 30
Net Income $ 100
Required:
Based on this information, compute cash flow from operating activities using the direct method. Assume Prepaid Expenses and Accrued Liabilities relate to office expenses.
What was the primary reason that Pizza International was able to report large positive cash flow from operations despite nearly having a net loss?
The combination of adding back non-cash expenses, decreases in working capital accounts, and a decrease in inventory contributed to the large positive cash flow from operations despite nearly having a net loss.
To compute cash flow from operating activities using the direct method, we need to analyze the changes in different balance sheet accounts. Let's go step by step:
Step 1: Calculate Cash Flows from Operating Activities using the Direct Method
- Start with net income: $100,000
- Add back depreciation: $33,305
- Subtract the increase in receivables: $170
- Add the decrease in inventory: -$643 (Note: decrease is subtracted)
- Subtract the increase in prepaid expenses: -$664
- Add the decrease in accounts payable: -$8,720 (Note: decrease is subtracted)
- Subtract the increase in accrued liabilities: -$719
- Add the decrease in income taxes payable: -$2,721
- Subtract payments on notes payable: -$12,691
- Subtract cash paid for equipment: -$29,073
Cash flow from operating activities using the direct method: $99,464
Step 2: Analyzing the reason for positive cash flow from operations despite a net loss
The primary reason that Pizza International was able to report large positive cash flow from operations despite nearly having a net loss is due to non-cash expenses, such as depreciation, which is added back to net income. Depreciation is a non-cash expense that reduces net income but does not involve actual cash outflow. Therefore, adding back depreciation increases the cash flow from operating activities.
Additionally, there were decreases in working capital accounts, such as accounts payable and income taxes payable, which led to a positive impact on cash flow from operating activities. The decrease in accounts payable and income taxes payable means that Pizza International paid off its liabilities, resulting in a decrease in cash outflow.
Furthermore, there was a decrease in inventory, which also positively impacted cash flow from operating activities. Decreasing inventory reduces the amount of cash tied up in unsold goods.
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Explain how each of the following events would affect the equilibrium price and quantity of new textbooks. (Explain which curve(s) would shift and in which direction(s).)
The events that would affect the equilibrium price and quantity of new textbooks include changes in production costs, shifts in student enrollment, changes in government policies etc.
How do these events impact the equilibrium price and quantity?The changes in production costs will shift the supply curve of new textbooks. If production costs increase, the supply curve would shift to the left resulting in decrease in the equilibrium quantity and an increase in the equilibrium price.
But if production costs decrease, the supply curve would shift to the right leading to an increase in the equilibrium quantity and a decrease in the equilibrium price of new textbooks.
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What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
A pharmaceutical company with headquarters in India sells fluconazole, the generic version of Pfizer's anti-fungal drug Diflucan internationally for significantly less money than many U.S. generic drug manufacturers. The generic drugs industry in this country needs to rethink its
Answer:
Pricing strategy to stay competitive
Explanation:
Pricing strategy is the process by which a company sets prices of goods and services offered to a consumer.
In setting up a price strategy the management.of a business need to put into consideration the competitive reaction, pricing position, pricing segment, and pricing capability.
The generic drugs companies in the US are selling fluconazole for a higher price than pharmaceutical company with headquarters in India in the international market.
In order for them to stay competitive they will need to review their price downward or customers will switch to the cheaper option
Firm B, a calendar year, cash basis taxpayer, leases lawn and garden equipment. During December, it received the following cash payments. To what extent does each payment represent current taxable income to Firm B?
a. $522 repayment of a loan from an employee. Firm B loaned $500 to the employee six months ago, and the employee repaid the loan with interest.
b. $600 deposit from a customer who rented mechanical equipment. Firm B must return the entire deposit when the customer returns the undamaged equipment.
c. $10,000 short-term loan from a local bank. Firm B gave the bank a written note to repay the loan in one year at 9 percent interest.
d. $888 prepaid rent from the customer described in part b. The rent is $12 per day for the 74-day period from December 17 through February 28.
Answer:
a. $522 repayment of a loan from an employee. Firm B loaned $500 to the employee six months ago, and the employee repaid the loan with interest.
Firm B should recognize $22 as interest income.b. $600 deposit from a customer who rented mechanical equipment. Firm B must return the entire deposit when the customer returns the undamaged equipment.
The deposit cannot be recognized as income since it is a liability.c. $10,000 short-term loan from a local bank. Firm B gave the bank a written note to repay the loan in one year at 9 percent interest.
Interests ($900) will be recognized when they are actually paid for in 1 year. No accrued interests must be reported on the balance sheet (December 31).d. $888 prepaid rent from the customer described in part b. The rent is $12 per day for the 74-day period from December 17 through February 28.
The $888 will be recognized as revenue during the current year.Explanation:
When a taxpayer is a cash basis taxpayer, it will only report income and expenses that are actually collected or paid for respectively. All accounts receivable or accounts payable are not considered revenues nor expenses.
true or false If you don't think a situation is okay or acceptable, others probably don't feel the same way.