Answer:
2.90 times
Explanation:
The formula and the computation of the account receivable turnover is shown below:
Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable
= $250,00 ÷ $86,200
= 2.90 times
The net credit sales would be equal to annual sales and the average account receivable equal to receivables turnover
All other information which is given is not relevant. Hence, ignored it
A study was done of all homicide convictions in the State of Florida between 1976 and 1980 in order to examine if the application of the death sentence was racially biased. The data showed that a larger percentage of white suspects (11.2%) were sentenced to death than black suspects (8.5%). However, if the race of the victim was included in the analysis, the study found that for white victims, a larger percentage of black suspects (19.3%) were sentenced to death than white suspects (12.3%).Which of the following is correct? This is an example of Simpson’s paradox. This is an example of a negative association.A. "Race of the suspect" is a lurking variable in this situation.B. "Race of the victim" is a lurking variable in this situation.C. This is an example of Simpson’s paradox.D. This is an example of a negative association.
Answer and Explanation:
This is an example of Simpson’s paradox
Category Value Net exports $ 50 Value of new goods and services produced in the underground economy 75 Personal consumption expenditures 300 Value of the services of stay-at-home parents 25 Gross domestic investment 100 Government purchases 50 Total $600
Answer:
Net exports $ 50
New goods and services $75
Personal consumption expenditures $300
Value of the services of stay-at-home parents $25
Gross domestic investment $100
Government purchases $50
Total $600
Explanation: All these values are used to calculate the balance of payments of a country and represent the changes that occur in the accounts to maintain the balance of the economy
Answer:
All these values are used to find Gross Domestic Product (GDP) of an economy. GDP includes 4 things C,I,G,NX. GDP means the value of Goods & Services produce within the boundary of an economy.
C is Consumption
I is Investment
G is Government Spending
NX is Net Exports
The continuing cycle of erratic demand causing forecasts to include safety stock which in turn magnify supplier forecasts and cause production planning problems is known as______________.
Answer:
The Bullwhip Effect
Explanation:
Bullwhip effect is a phenomenon that occurs in an organisation's channel of distribution due to swings or erratic demands for products by customers. This erratic nature of demands will usually lead to forecasting inefficiencies especially in meeting the demands through the supply chain.
A sudden increase in demand could lead to production planning problems because there might not be enough inventory of materials on ground to meet the demand. Also, a sudden decrease in demand can bring the challenge of excess inventory of materials which may not be needed for production for a while.
One of the measures taken to manage this erratic nature of demands is to ensure that whatever the forecasts for demands is, safety stock must be included to the forecast level of demand so as to ensure that production planning is adequate and the demands are met as well.
You have to decide between going on a cruise with friends or going on a service trip with Alternative Spring Break; both of which cost the same amount. You could also work over the break and earn some extra money, but this would be less valuable to you than either experience. If you choose the cruise, what is your opportunity cost?
Answer:
there is no cost both cost the same and you can make money working over the break although your boss would see you as a more responsible man cause you choose the service break instead
Explanation:
Choosing the cruise makes the service trip your opportunity cost, which is the value of the next best alternative not chosen. Opportunity cost can alter decision-making and behaviors once the true cost of choices is realized.
Explanation:When deciding between going on a cruise with friends or participating in an Alternative Spring Break service trip, if you choose the cruise, your opportunity cost is the value of the next best alternative you forego, which in this case is the service trip. Opportunity cost is a key concept in economics that refers to the benefit that you miss out on when choosing one alternative over another.
For example, if you perceive the service trip as the most valuable alternative to the cruise, then by choosing the cruise, the service trip becomes your opportunity cost. This principle emphasizes the cost of the road not taken, which can sometimes lead to altering decisions once you realize the true cost of your choices.
Understanding and calculating opportunity cost can provide a different perspective on the actual cost of our decisions. Just like spending extra money on lunch every day instead of saving it for a vacation, realizing the opportunity cost of actions can change behavior and lead to choices that better align with personal goals.
Prior entrepreneurial experience, relevant industry experience, and ____ are the attributes that strengthen the chances of a founder's success.
Answer:
Networking
Explanation:
Your network is your net-worth. The phrase is said over and over again encouraging entrepreneurs and business owners to cast their “net” and meet as many people as possible. Networking is a big reason for success for business owners. There’s even local groups like BNIs that are built around networking. Being able to increase your presence is very important.
Mark wants to become a successful businessman. He studies how Bill Gates, the founder of Microsoft, became wealthy. This is an example of a(n) ______.
Answer: Case study.
Explanation:
A case study is an in-depth study of an individual or an event to get deeper understanding about that individual or event. Mark is making Bill Gates his case study, to understand closely the steps he took to become a successful businessman, in order for him(Mark) to apply those steps.
If the original level of aggregate demand is AD0, then an expansionary monetary policy that shifts aggregate demand to AD1 will only:A. create an inflationary increase in price level.
B. create an increase in GDP.
C. create an increase in unemployment.
D. create a deflationary loss in price level.
Answer:
A. create an inflationary increase in price level.
Explanation:
A shift of the AD curve to AD1 as a result of expansionary monetary policy, indicates that the AD curve increased and shifted to the right.
A shift to the AD curve to the right increase aggregate price and quantity.
I hope my answer helps you.
Taxpayers must use the mid-month convention when more than 40% of the personal property is placed in service during the last three months of the tax year.
True / False.
Answer:
False
Explanation:
Taxpayers must use mid-quarter convention.
This convention states that all taxpayers must use it when more than 40% of their personal property is placed in service during the tax year's last three months.
This convention states that a property is treated as placed in service and/or disposed of in the quarter's middle in which the property is placed in service and/or disposed of.
BC Corporation has 1,800 shares outstanding and earned $2,700 last year on assets of $2 million and equity of $1.5 million. What is the PE ratio if the stock is currently selling at $18 per share?
Answer:
PE ratio = 12
Explanation:
Data provided in the question:
Number of shares outstanding = 1,800
Earning on assets = $2,700
Now,
Earnings per share, EPS = [ Net income ] ÷ [ shares outstanding ]
= [ 2,700] ÷ [ 1,800 ]
= 1.5
Thus,
PE ratio = [ Price per share] ÷ [ Earnings per share]
= 18 ÷ 1.5
= 12
Hence,
PE ratio = 12
If a tenant occupies a leased property without the consent of the landlord after a lease expires, the type of estate that results is called:
Answer:
An tenancy at sufferance
Explanation:
If a tenant occupies a leased property without the consent of the landlord after a lease expires, the type of estate that results is called an tenancy at sufferance.
It is situation under which tenant continue to posess the property even after the entitled period, without the consent of property owner. It is also called "holdover tenancy". As per law, in case of tenancy at sufferance the landlord has a right to evict the tenant at anytime without prior notice.
BackFill Systems allocates manufacturing overhead based on machine hours. Each connector should require 13 machine hours. According to the static budget, BackFill expected to incur the following:
1,300 machine hours per month (100 connectors * 13 machine hours per connector)
$6500 in variable manufacturing overhead costs
$5550 in fixed manufacturing overhead costs
During August, BackFill actually used 400 machine hours to make 85 connectors and spent $5,500 in variable manufacturing costs and $8800 in fixed manufacturing overhead costs. Calculate the variable overhead efficiency variance for BackFill.
a. $3,525 F
b. $3,500 U
c. $25 F
d. $7,025 F
Answer:
a) $3,525 F
Explanation:
Overheads cost is the addition of the indirect material cost, indirect labour cost and indirect expenses. Overhead that changes with the level of activity are called variable overhead costs, example includes cost fueling machines in factory.
Variable overhead efficiency variance: A variance is the difference between a standard cost and the actual cost. Variable overhead effeciency variance aims to determine the savings or extra cost incurred on variable overhead as a result of workers being faster or slower that expeceted.
To calculate this variance, we do as follows:
Hours
85 connectors should have taken(85 ×13) 1,105
but did take (i.e actual hours) 400
Efficiency variance in hours 705 F
Standard variable overhead rate/ hr (6500/1300 ) $5
Variable overhead efficiency variance $3,525 F
Note ; The standard rate per hour = Budgeted Cost/Budgeted hours
= $6500/ 1,300 hours.
There were savings in the cost because the workers spent less time (400 hours) to produce the actual units of connectors thatn the expected hours given 1,105 hours.
Brian is struggling with the choice of publishing his new book, How to Cook Polish Barbeque, as an e-book or a paperback. Brian is addressing which core marketing aspect?
a. managing the exchange function of marketing
b. developing a promotional plan
c. deciding where and how to sell the product
d. making product designs
e. pricing the product
The question should have been:
Brian is struggling with the choice of publishing his new book, How to Cook Polish Barbeque, as an e-book or a paperback. Brian is addressing which core marketing aspect?
a. managing the exchange function of marketing
b. developing a promotional plan
c. deciding where and how to sell the product
d. making product decisions
e. pricing the product
Answer: Making product decisions
Explanation:
Brian has to make a key decision on how the final product would look like, he is faced with making a product decision. Product decision is a decision the producer makes on how a product would look like.
A government collects $700 billion annually in tax revenue. Each year it allocates $130 billion to interest payments that it must pay on its accumulated debt. What percentage of annual tax revenue is allocated to make these interest payments
Answer:
18.57%
Explanation:
Given that
Government collection annually in tax revenue = $700 billion
Interest payment each year = $130 billion
By considering the above information, the percentage would be
= (Interest payment each year) ÷ (Government collection annually in tax revenue) × 100
= ($130 billion ÷ $700 billion) × 100
= 18.57%
We simply divide the each year interest payment by the government collection on annually basis so that the percentage could come
Jepmem Inc is expanding its global operations into North Pidlin, even though the country has a high global terrorism index. As Jepmem Inc expands into North Pidlin, it must deal with _____
A) political uncertainty
B) purchase uncertainty
C) policy uncertainty
D) pandemic uncertainty
Answer:
a. political uncertainty
Explanation:
Political uncertainty -
It refers to the class of economic risk , in which there is uncertainty in the future of any policy of the government , which increases the risk premia and the business , is referred to as political uncertainty.
It is also referred to as regime uncertainty.
Where it could be any uncertainty in the fiscal or any monetary policy.
Hence , from the scenario of the question,
The correct option is a. political uncertainty.
A 480 item pencil and paper standardized test of 20 personality dimensions used in selecting managers, sales associates and leadership positions is ___________.
Answer:
Hogan Personality Inventory
Explanation:
The Hogan Personality Inventory (HPI) is commonly used to predict job performance by measuring normal personality dimensions. It is specially used to measure certain specific traits and abilities: leadership and planning. It is based on the Five-Factor Model and was specifically developed for working adults in the business industry.
It is part of the Hogan Assessment tests used to predict job performance.
The paper standardized test of 20 personality dimensions used in selecting managers, sales associates and leadership positions is known as Hogan personnel selection series.
What is the Hogan Personality Assessment?The Hogan Personality Inventory (HPI) is known to be a kind of assessment that is said to measure the normal personality of people.
The result of the assessment done is employed to know job performance. The HPI is known to be a good tool to help you empower your employee selection, leadership development, etc.
Learn more about selection series from
https://brainly.com/question/25261401
Jimland's government has severe restrictions toward the entry of foreign companies into the country. A foreign company interested in Jimland would have to purchase an existing company in order to conduct its business there. Hence, companies can only enter Jimland through a:
Answer:
A Foreign Direct Investment
Explanation:
A FDI or Foreign Direct Investment is the definition of investment an organisation or an individual makes in another country aside his own country. Mostly it is done through the acquisition of business assets, property in the foreign country or the exclusive start of a new business activity in the country.
The action of Jimland to purchase an existing company in order to conduct its business falls under the jurisdiction of FDI as the acquisition of business assets or whole businesses. It means while Jimland cannot just start its own business activity, it can purchase,continue or modify the business operations of an existing company.
What model explains the nature of economic transactions in terms of a flow of resources from businesses to households and back again?
Answer:
The answer to this question is Circular flow model
Explanation:
A circular flow model is a model that shows the flow of income in the economy. It shows how income flow from business to household and how household return this money back to businesses in the terms of buying goods and services. It consists of components which includes households, Businesses, government
Which of the following is true about how the "invisible hand" influences economic activity through prices when a product has lower demand than supply?
a. The price must increase, causing less buyers to buy and less sellers to sell.
b. The price must increase, causing less buyers to buy and more sellers to sell.
c. The price must decrease, causing more buyers to buy and less sellers to sell.
Answer:
The correct answer is c.
Explanation:
Since the point the text is mentioning is above the equilibrium point, we know that the Demand is lower than it should be, while supply is bigger.
In order to increase the demand and lower the supply, we need to decrease the price to the equilibrium price. This will increase the demand and lower the supply making them intersect and reach the equilibrium point, a point that the invisible hand is influencing.
I hope this helps!
In marketing terms, what is a market? A. A retail establishment B. All sellers of a product or service C. The set of actual and potential buyers of a product or service D. A company's current customers E. The products that are sold to customers
Answer:
The set of actual and potential buyers of a product or service
Explanation:
To market a product means taking deliberate actions to make a product known to buyers. It involves creating awareness of the benefits of a product with expectations that customers will buy it. Marketing activities are directed towards customers and potential customers of the products or services.
A customer is an individual or institution that buyers a product or a service. They buy for consumption or as inputs for the production of more goods and services. Marketers create enticing messages to convince buyers to purchase. Therefore, buyers and potencial customers are the market for products and services.
A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured using ________ organization.
a. matrix-style
b. functional teams
c. dedicated teams
A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured as a ________ organization.
A. Functional
B. Balanced matrix
C. Weak matrix
D. Strong matrix
E. Project
A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured using Project organization.
Answer: Option E
Explanation:
Projectized or Project organization as the name suggests, focus on the projects and various process related to those projects. Project organization is different from the rest of the organizations in a sense that it works as a separate unit.
In this type of organizational structure the project manager is on the top and he is the sole decision maker regarding all the projects. The rest of the team members report to the project manager, whereas the roles and responsibilities are divided amongst the members.
This intermediary generally accepts contributions from both employers and employees, and its funds are usually shielded from taxes until the funds are withdrawn.
Answer:
A pension fund companies
Explanation:
A pension fund is a retirement plan that allows an employee and the employer to make contributions into a pool of funds set aside for a the employee's future benefit i.e after retirement. The pool of funds is invested on the employee's behalf, and the earnings on the investments generate income to the worker upon retirement. The pension fund companies serves as the intermediary that accept such contributions and help invest such funds until the retirement of such employee
The following strategy is usually employed by lean organizations in an effort to ensure continued quality compliance among suppliers and with internal production facilities:
A) Six SigmaB) MRP IIC) 3PLD) CAPS
Answer:
A)
Explanation:
Based on the information provided within the question it can be said that the strategy usually employed in this scenario would be Six Sigma. This term refers to a set of techniques and tools that are used in order to improve the process' of a company, which includes inventory supply management and internal production, allowing companies to ensure quality and efficiency.
uppose a price floor on sparkling wine is proposed by the Health Minister of the country ofVinyardia. What will be the likely effect on the market for sparkling wine in Vinyardia?
A) Quantity demanded will decrease, quantity supplied will increase, and a shortage will result.
B) Quantity demanded will increase, quantity supplied will decrease, and a surplus will result.
C) Quantity demanded will decrease, quantity supplied will increase, and a surplus will result.
D) Quantity demanded will increase, quantity supplied will decrease, and a shortage will result.
Answer:
C) Quantity demanded will decrease, quantity supplied will increase, and a surplus will result
Explanation:
Price floor is the least amount a good or service can be sold. A price floor is usually set above equilibrium price.
When a price floor is enacted, it usually discourages demand because prices are usually set higher and encourages supply.
As a result, quantity demanded will decrease, quantity supplied will increase, and a surplus will result.
I hope my answer helps you.
According to the pendulum view of globalization, globalization is a relatively new phenomenon triggered by the information revolution of early 1990s.
A. True
B. False
During which stage of the business buying process is a buyer most likely to conduct a value analysis, carefully studying components to determine if they can be redesigned, standardized, or made less expensively?A) proposal solicitationB) general need descriptionC) order-routine specificationD) performance reviewE) product specification
Answer:
E, product specification
Explanation:
During the product specification stage of a business buying is when a product is analyzed to determine if it can be redesigned, standardized or made less expensively.
A product specification is a document that shows the information involve in the creation of a product alongside the features of the product.
Product specification is important in business buying because it gives a detailed information about the reason for manufacturing such product, its performance/expected performance as well as how the product was manufactured, which materials were used, the differences with similar products of other manufacturers, etc.
I hope this helps.
The Coffee Collective is seeking to identify customers who want a unique coffee drinking experience and are open to a loyalty rewards program. In doing so, the Coffee Collective is identifying its target__________________.
Answer:
market segment
Explanation:
We know that a market segment is a group of people who share one or more common characteristics, lumped together for marketing purposes.
In this example, The Coffee Collective is seeking to discover target customers who share particular coffee drinking habits and who are open to loyalty reward programs. Thus, they aim to find potential customers who share common characteristics.
_____ is best described as an integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage.
A. Supply chain management
B. Integrated technology management
C. Strategic management
D. Inventory management
Answer:
Strategic management
Explanation:
Definition:
Strategic management is the identification, selection and implementation of an organisations long term goal and its objectives. It takes into account the concerns and existence of all stakeholders.
Three components of strategic management:
Strategic Analysis - takes into account factors affecting the internal and the external environment of the business. Strategic Choice - involves the formulation, evaluation and selection of strategic options.Strategic implementation - involves implementing and monitoring the strategies selected by the business.When there is a net increase in the physical quantity of inventory during a period, the use of ________ results in an additional layer of inventory.a. FIFO
b. LIFO
c. average cost
Answer:
(B) LIFO
Explanation:
LIFO accounting is a method used in managing inventory and financial matters.
LIFO stands for “Last-In, First-Out”.
This method of accounting assumes that the recently purchased inventory be sold first. It is a method used for cost flow assumption purposes in the cost of goods sold calculation.
Then, LIFO INVENTORY LAYER is a portion of LIFO inventory cost on a balance sheet.
The ending inventory in physical quantity will usually exceed the beginning inventory.
The LIFO cost flow assumption assigns to this increases in physical quantities a cost computed from the prices of the earliest purchases during the year.
The LIFO inventory then consists of layers, or slices, which typically consists of relatively small amounts of physical quantities from each of the past years when purchases in physical units exceeded sales in units.
A hacker sends a database command after regular data in an online submission form. This
command inserts an unauthorized record giving access to the hacker. Which risk is being discussed here?
a. SQL injection
b. HTML
c. Cross-site scripting
d. Java
Answer: SQL injection
Explanation:
SQL injection is a type of risk that could lead to the potential loss of private, personal or confidential information or data, this loss could be through such data being stolen, deleted, accessed by unauthorised users, etc.
SQL ( Structured Query Language) is a code added to a web in order to bridge the security and grain access to private data or document. It is a way of hacking into a website or system which is illegal and punishable under the law. SQL injection can be used to hack an ATM, dump unauthorised contents into a system or server, etc.
Which of the following questions is most likely to be asked by a creditor? a. Will the company be capable of repaying its debt when it is due? b. What are the company’s terms of credit with its suppliers? c. Will the company’s stock increase in value? d. What is the amount of taxes owed to the government?
Answer:
Correct answer is (a) Will the company be capable of repaying its debt when it is due?
Explanation:
Every creditors to a business want to know if the company is willing, able and ready to pay back the debt as at when due before giving out credit. Otherwise, it may lead to cancelation of deal.
a. Will the company be capable of repaying its debt when it is due?
In this question, we are considering which question is most relevant to a creditor. A creditor is an entity (often a bank or financial institution) that lends money or extends credit to a borrower with the expectation that they will repay that debt.
Let's analyze the options given:
a. Will the company be capable of repaying its debt when it is due?
This question is critically important for creditors. It directly assesses the borrower's ability to meet their debt obligations on time, which is a major concern for anyone extending credit.
A creditor wants to ensure that the borrower has sufficient income or cash flow to repay the loan, and this is usually the first question asked.
b. What are the company’s terms of credit with its suppliers?
While this question is relevant to overall financial health, it is more about the company's operations and relationships with suppliers rather than a direct concern of creditors, who are more focused on repayment capabilities.
c. Will the company’s stock increase in value?
This question pertains to investors rather than creditors, as it concerns potential growth and market performance. Creditors are primarily concerned with loan repayment, not stock performance.
d. What is the amount of taxes owed to the government?
While understanding tax liabilities is important for overall financial assessment, it does not directly address the creditor's primary concern of whether the borrower will repay the debt.