Calculate the future value of an investment of $2300, after 7 months, earning 6.6% apr, compounded monthly, by compounding manually. g
At rue's hunting emporium, a retail store, equipment required for hunting is sold. when a new or revised equipment is introduced, it advertises those products steadily throughout a planned period of time. this is an example of a _____
Deviation from the required performance pertaining to a contract is said to be material when the deviation does not result in a substantial change in value of the contract.
What do we learn from the data in case exhibit 2? does the data provide additional valuable information? why or why not?
Qs 22-2 allocating costs to departments lo p1 mervon company has two operating departments: mixing and bottling. mixing has 300 employees and occupies 22,000 square feet. bottling has 200 employees and occupies 18,000 square feet. indirect factory costs for the current period follow: administrative, $160,000; and maintenance, $200,000. administrative costs are allocated to operating departments based on the number of workers. determine the administrative costs allocated to each operating department.
In an essay of at least two well-developed paragraphs, explain how making regular deposits in a savings account or buying shares of stock or bonds makes an impact on our economy.
When mcdonald's offered madame alexander gifts in its happy meals, both companies profited from the _____ arrangement?
The answer is comarketing arrangement. It is a partnership between two or more companies where both companies cooperatively market each other's products. For example, a company who manufacturers video cards may partner with a game software company, and both companies will market each other's related product.
On the day of the virginia primary election, umuc news club organized an exit poll at three polling stations were randomly selected and all voters were surveyed as they left those polling stations. this type of sampling is called:
The tendency of an organization to identify and capitalize successfully on opportunities to launch new ventures by entering new or established markets with new or existing goods or services is known as innovativeness. competitive aggressiveness. entrepreneurial orientation. opportunity analysis. bootlegging.
Incoterms refer to ____. select one:
a. standardized procedures for handling international shipments
b. standardized international trade terminology
c. a specific method of payment for international shipments
d. terms of sale for international shipments
The answer here is incoterms are standardized international terminologies. Incoterms which is the short term for “international commercial terms” are made so that there is an easier way for which the traders in the international trade can understand each other. These are trade terms by the International Chamber of Commerce (ICC) which are used by both international and domestic trade contracts. In 1936, these terms were first used and from time to time, these incoterms are updated especially in the current trade practices. Due to the updates every now and then, contracts must then be specified as to what version of incoterms are they using.
Explain how the core product and supplementary services are integrated in the context of an overnight hotel stay. please give detailed examples.
Answer:
Explanation:
An example of a core product for a service is _____.A.a safe and comfortable overnight stay in an unfamiliar cityB.the actual hotel room that the consumer stayed inC.the spa, gym, swimming pool, and room service at the hotelD.the discount given on the hotel as a result of membership in AAA
Referring to a keynesian phillips curve, a reduction in inflation is likely to cause: ____________. at least a slight increase in aggregate demand. a vertical phillips curve because aggregate supply remains fixed. unemployment to remain constant in the long run. at least a slight increase in unemployment.
For the year 2015, systems corporation earned a net operating income of $2 million on sales of $6 million. assume that the company's average operating assets were $20 million. what is the company’s roi?
The solution would be like this:
Given: $20 million Asset
$2 million Income
$2,000,000 / $20,000,000
= 0.1
= 0.1 * 100%
= 10%
Therefore, Systems Corporation return of investment is 10%. To add, ROI is usually expressed as a percentage and is typically used for personal financial decisions, to compare a company's profitability or to compare the efficiency of different investments.
What is one advantage of having 2 costs pools for each service department?
The advantage of having two cost pools for each service department is more accurate cost allocation, which can prevent disproportionate subsidization of certain departments or services.
One advantage of having 2 cost pools for each service department is the potential for more accurate allocation of costs.
By using a double-step-down method, where service center costs are allocated once and then any remaining indirect costs are allocated again, it reduces the issue of subsidization that can arise from cross-allocation. For instance, if an office manager's copies in a copy center are not reflected in the total volume of copies made due to indirect cost allocation, this can lead to mission centers unfairly absorbing a larger share of the copy center's costs. Having two cost pools allows for a more nuanced distribution that considers activities like the office manager's copying, helping to ensure that each department or mission center bears a fairer share of the total costs. The double-step-down method when employed correctly, can lead to more equitable cost distribution and prevent situations where certain services or departments subsidize the costs of others disproportionately.
One advantage of having two cost pools for each service department is more accurate cost allocation.
This method allows each department's unique costs and usage to be more precisely accounted for.
More Accurate Allocation: Different activities incur different costs, and separating these into two pools helps in reflecting those differences accurately.Better Decision Making: Managers can make informed decisions when they have a clearer understanding of where and how costs are incurred.Reflects Usage Patterns: Departments with varying workflows and economies of scale can be better assessed with separate cost pools.Enhanced Accountability: Each department is more accountable for its usage and costs, promoting efficiency and cost-saving measures.In summary, utilizing two cost pools ensures an equitable and precise allocation of costs, aligning resources better with departmental activities and needs.
Adam borrows $4,500 at 12 percent annually compounded interest to be repaid in four equal annual installments. the actual end-of-year payment is ________.
The actual end-of-year payment is $1,482
Using this formula
Actual end-of-year payment=Amount borrowed/PVAF (12% , 4 years)
Let plug in the formula
Actual end-of-year payment=$4,500/3.0373
Actual end-of-year payment=$1,481.58
Actual end-of-year payment=$1,482 (Approximately)
Inconclusion The actual end-of-year payment is $1,482.
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Companies generally pay temporary employees lower wages and offer fewer benefits than they extend to their core counterparts. nevertheless, what are some of the possible drawbacks for companies that employ temporary workers? do you believe that these drawbacks outweigh the cost savings? explain your reasoning
Cosmos company on july 15 sells merchandise on account to cajon co. for $6,000, terms 2/10, n/30. on july 20 cajon co. returns merchandise worth $1,000 to cosmos company. on july 24 payment is received from cajon co. for the balance due. what is the amount of cash received?
The amount of cash received from Cajon Co. is $4,720 after considering the sales transaction, return, and discount terms.
The amount of cash received from Cajon Co. is $4,720.
To calculate this, first, we determine the net amount after the return by deducting the return amount ($1,000) from the original purchase amount ($6,000), which equals $5,000. Then we apply the discount terms 2/10, which means a 2% discount if paid within 10 days. Therefore, 2% of $5,000 is $100, making the balance due after the discount $4,900. Since the payment is received on July 24, within the discount period, the cash received would be $4,900.
Pharrell, inc., has sales of $593,000, costs of $265,000, depreciation expense of $67,000, interest expense of $34,000, and a tax rate of 35 percent. the firm paid out $40,000 in cash dividends. what is the addition to retained earnings? (do not round intermediate calculations and round your answer to the nearest whole number,
e.g., 32.)
The income statement begins with revenues and subtracts costs to arrive at Earnings before Interest and Taxes (EBIT).
We then subtract out interest to get taxable income, and then subtract taxes to arrive at net income. Doing so, we get:
Income statement
Sales $593000
Costs (265000)
Depreciation (67000)
--------------------------
EBIT $261000
Interest (34000)
--------------------------
Taxable income $227000
Taxes (35%) (79450)
--------------------------
Net income $147550
The dividends paid plus the addition to retained earnings must equal net income, so:
Net income = Dividends + Addition to retained earnings
$147550 = $40,000 + Addition to retained earnings
Addition to retained earnings = $147550– 40,000
Addition to retained earnings = $107550
Kriyoto inc. is a manufacturer of printers, scanners, and other office equipment. it announced a cash refund for corporate purchases in quantities more than ten. rick purchased 20 color printers for his office from kriyoto during this sale. to avail the cash refund, he had to mail in a proof of purchase, purpose of purchase, proof of his company's legality, and his cash register receipt. in this case, rick has received a:
A lessor is a party who acquires a right to the possession and use of goods under a lease.â
The answer is false, it must be a lessee. A lessor is a proprietor or the title holder of the leased asset or property. The lessor is also the creditor and secured party in case of capital leases and operating leases. While a lessee is a person who has a contract that allows the use of a car, house or etc., for a period of time in exchange for a payment.
Which type of fall is responsible for the highest percentage of overall deaths in construction
Answer:
The correct answer is: Fall from roofs.
Explanation:
According to the U.S. Bureau of Labor Statistics, falls from roofs represented 76% of fatalities in the construction industry in the year 2013. The study concludes that workers in the roofing industry are more prone to have more work-related injuries than in any other type of worker in the construction field.
Beatrix is planning a research study for her doctoral dissertation. as part of the study, she wants to measure normal aspects of personality in each of the participants, using a measure that is objective and precise. the best measure for beatrix to use would be the
What is the standard deviation of a portfolio's returns if the mean return is 15%, the variance of returns is 184, and there are three stocks in the portfolio?
Final answer:
The standard deviation of the portfolio's returns is approximately 13.5647%, calculated as the square root of the variance, which is 184.
Explanation:
To find the standard deviation of a portfolio's returns, we take the square root of the variance. Given that the variance of returns is 184, the standard deviation would be the square root of 184. This calculation does not directly depend on the number of stocks in the portfolio or the mean return.
So, the standard deviation is:
√184 = 13.5647 (approximately)
The standard deviation is a measure of the dispersion of returns around the mean, and a higher value indicates a greater risk or volatility in the portfolio's returns. In this case, the portfolio's returns have a standard deviation of about 13.5647%.
Real income for most of the working population in the united states increased over the twentieth century. what is the most important reason for this
Strand company is planning to sell 400 buckets and produce 380 buckets during march. each bucket requires 500 grams of plastic and one-half hour of direct labor. plastic costs $10 per 500 grams and employees of the company are paid $15.00 per hour. manufacturing overhead is applied at a rate of 110% of direct labor costs. strand has 300 kilos of plastic in beginning inventory and wants to have 200 kilos in ending inventory. how much is the total amount of budgeted direct labor for march?
The total budgeted direct labor cost for Strand Company in March is $2,850, determined by multiplying the number of buckets to be produced by the direct labor hours required per bucket and the labor cost per hour.
Explanation:The total amount of budgeted direct labor for March at Strand Company can be calculated by considering the number of buckets planned to be produced and the amount of direct labor required for each bucket. Since the company plans to produce 380 buckets, with each bucket requiring one-half hour of direct labor, we multiply the total buckets by the labor hours per bucket and then by the cost per hour of labor.
Calculation: 380 buckets × 0.5 hours/bucket × $15.00/hour = $2,850.
So, the total budgeted direct labor cost for Strand Company in March is $2,850.
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The cost of hardware, software, and telecommunications services needed to build a web site have ________ over the last decade.
Instruck inc. is a real estate firm based in colorado. the company ensures that employees' pay is dependent on what they are capable of doing. the company also supports efforts to empower its employees by encouraging them to be independent and making decisions in various areas. this, in turn, ensures job enrichment. based on this information, identify the pay structure being exemplified in this scenario.
If the unit sales price is $7 and variable costs are $3, how many units have to be sold to earn a profit of $3,600 if fixed costs equal $5,000
A(n) _____ designates the medium or media to be used, the specific vehicles, and the insertion dates of the advertising.
Anthony and cathy jones have been married for twenty-seven years. they have always had a joint bank account, discuss big expenditures before making them, and share household duties. this jones family is an example of a/an ________ family.