Answer:
a condition precedent.
Explanation:
Condition precendents are events which must be fulfilled by parties to an agreement or a contract before it can be said to be in effect.
For a registered firm who is willing to obtain loan for instance , must present the firm's registration certificate with the regulatory body, statement of its audited finance, credit history report, Know your customer(KYC), particulars of the directors, collaterals etc.
Lending companies like banks would normally apply condition precedent as a means of protecting depositors fund to be lent out. The condition precedent would give the lending institution the comfort that the borrower is operating a legal and approved business and that the repayment will be made appropriately.
Also, condition precedent would empower the lending company to be able to appoint a receiver because it has legal documents, who will sell off the borrower's asset to repay the loan in case the firm is not able to pay back the loan or in case of bankruptcy.
The manager of a regional warehouse must decide on the number of loading docks to request for a new facility in order to minimize the sum of dock costs and driver-truck costs. the manager has learned that each driver-truck combination represents a cost of $300 per day and that each dock plus loading crew represents a cost of $100 per day. how many docks should be requested if trucks arrive at the rate of three per day on average and each dock can handle five trucks per day on average. arrival of trucks follows a poisson distribution and loading time follows exponential distribution. (hint: in this problem, the average service rate, μ, is directly given to you)
Answer:
Only 1 dock is required since its overall cost is lower than having two docks
Explanation:
Solution
Given that:
let us consider the data given for the warehouse:
the cost per day/driver truck = $300
Cost per day/Dock plus loading crew = $100
Arrival rate λ = 3 per day
Service rate μ = 5 per day
Now,
we compute the utilization of the ware house
Utilization =λ/μ
= 3/5
ρ = 0.6
Only 1 dock is required since its overall cost is lower than having two docks
Given that having only one dock costs less overall than having two,
What is the cost?A cost is the amount of money that has been spent to produce something or provide a service and is thus no longer accessible for use. In business, the cost could be one of acquisition, in which case the money spent to obtain it is recognized as cost. In this situation, money is the input that is used to purchase the item.
Due to this:
Let's look at the information provided for the warehouse:
the day rate for a driver's truck is $300.
Dock with loading personnel costs $100 per day.
The daily arrival rate is three.
daily service rate = 5
Now,
We estimate the warehouse's utilization.
Application =/
= 3/5
ρ = 0.6
Given that having only one dock costs less overall than having two,
Therefore, one dock costs less overall than two,
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On January 1, 2020, Carla Vista Co., a calendar-year company, issued $1,800,000 of notes payable, of which $450,000 is due on January 1 for each of the next four years.
The proper balance sheet presentation on December 31, 2020, is:
a) Current liabilities, $1,800,000.
b) Long-term debt, $1,800,000.
c) Current liabilities, $450,000; Long-term Debt, $1,350,000.
d) Current liabilities, $450,000; Long-term Debt, $900,000.
Answer:
c) Current liabilities, $450,000; Long-term Debt, $1,350,000.
Explanation:
The presentation of the long term liabilities of the balance sheet is presented below:
Liabilities section
Current liabilities
Note payable $450,000
Long term liabilities
Remaining balance $1,350,000
Total liabilities $1,800,000
Since the note payable is due for four years for $450,000 each so it shows the current liabilities and the remaining balance is transferred to the long term liabilities
Given that $450,000 of the notes payable is due within a year, it is considered a current liability, while the remaining $1,350,000 which is due after more than a year is classified as long-term debt.
The correct option is c.
Explanation:For Carla Vista Co., the proper balance sheet presentation on December 31, 2020, should classify a portion of the notes payable as current liabilities and the rest as long-term debt. Here is why:
The section of the notes payable that must be paid the next year, which is $450,000, falls under current liabilities. This is because this sum will be due within the calendar year (2021).
The remaining $1,350,000 (which is $1,800,000 minus $450,000) is measured as a long-term debt as it will not be due until after one year horizons, particularly in 2022, 2023, and 2024.
So, the correct response is c) Current liabilities, $450,000; Long-term Debt, $1,350,000.
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If the current date is 04/04/16, the earliest invoice due date for invoices with unpaid balances is 02/09/16, and the latest invoice due date for invoices with unpaid balances is 03/20/16, what will be printed by this script?
The script's output can't be precisely determined without knowing its contents. Assuming it's designed to analyze invoice due dates, it might print the earliest (02/09/16) and latest (03/20/16) due dates.
Explanation:Without knowledge of what the script actually contains, it is impossible to accurately say what it will print given the dates you provided.
Suppose the script is designed to determine the invoices' due dates. In that case, it may output the earliest and latest due dates, i.e., 02/09/16 and 03/20/16 respectively.
However, this is only speculation, as the precise output will depend entirely on the specific commands and instructions written in the script.
OR
The script will print the earliest invoice due date that is later than the current date, which is 02/09/16. It will also print the latest invoice due date that is earlier than the current date, which is 03/20/16. Therefore, the script will print:
Earliest invoice due date for unpaid balances: 02/09/16
Latest invoice due date for unpaid balances: 03/20/16
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______ refers to the sum of all the aspects of a compensation package (base pay, incentives, benefits, perks, and so forth) that signal to current and future employees that they are receiving more than just base pay in exchange for their work.
Answer:
Total rewards
Explanation:
Employees often receive reward for the work done by them in an organization. The reward is usually a lump sum, but when broken down, it comprises base pay, incentives,perks.etc
This type of reward is often used to attract, motivate and retain an employee by the employer.
Total rewards is important to employees because it shows the additional payments made in addition to their base salary and also an important tool used by a company to relay their investment value.
Which is a tax-free savings account that can only used for educational expenses?
A) Merit-based scholarships
B) Needs-based grants
C) Federal grants
D) A 529 plan
Answer:
D) A 529 plan
Explanation:
A 529 plan is a tax-free savings account that can only be used for educational expenses.
It is authorized by Section 529 of the Internal Revenue Code and mainly sponsored by the states to encourage savings for future educational costs.
Final answer:
A 529 plan is a tax-free savings account that is specifically designed for future education expenses and is sponsored by states, state agencies, or institutions.
Explanation:
The tax-free savings account that can only be used for educational expenses is D) A 529 plan. A 529 plan is a tax-advantaged savings plan designed to encourage saving for future education costs. These plans, legally known as "qualified tuition plans," are sponsored by states, state agencies, or educational institutions and are authorized by Section 529 of the Internal Revenue Code. The funds in a 529 plan can be used for a variety of education expenses, including tuition, room and board, and textbooks at any accredited college or university, which includes most public and private higher-education institutions in the United States.
True or failed sales taxes are the same no mattter where you live
Answer:
false
Explanation:
Which institute supports OSHA in the research and training related to potential workplace hazards?
A.
Equal Employment Opportunity Commission
B.
Small Business Health Options Program Marketplace
C.
National Institute of Occupational Safety and Health
D.
Occupational Safety and Health Review Commission
Final answer:
Option C. The National Institute of Occupational Safety and Health (NIOSH) supports OSHA in research and training on workplace hazards. NIOSH is part of the CDC and provides scientific research as well as educational materials and training programs.
Explanation:
The institute that supports the Occupational Safety and Health Administration (OSHA) in research and training related to potential workplace hazards is the National Institute of Occupational Safety and Health (NIOSH). NIOSH is part of the Centers for Disease Control and Prevention and works closely with OSHA to provide research, information, education, and training in the field of occupational safety and health.
While OSHA is responsible for creating and enforcing workplace safety and health regulations, NIOSH supports these efforts through scientific research on workplace hazards and through developing educational materials and training programs.
Therefore, option C is correct.
According to Victor Vroom, which of the following is not considered a factor that influences motivation?
A,
independence
B.
instrumentality
C.
expectancy
D.
valence
Answer:
A, independence
Explanation:
Motivation can be defined as the stimulation of individuals to achieve a certain goal.
It can also be said to be the a force that drives the wants, needs, etc of an individual. Motivation have various influencing factors as well as several modes.
Factors that influences motivation include; valence, instrumentality, expectancy, etc.
Modes of motivation include; intrinsic, extrinsic, introjected and identified motivation.
From the above question, independence isn't a factor that influences motivation. This is because independence, according to the dictionary, can be said to be a state of freedom from something.
Freedom does not motivate a person to achieve anything as there will be no pressure or driving force or even an individual to encourage. This makes goals impossible to difficult to achieve.
Cheers.
Answer:
a
Explanation:
edge 2020
A marine biologist is planning to move from Sydney, Australia to San Francisco. She has $5,000 Australian dollars (AUD) to make the move. In the summer of 2006, the exchange rate of USD/AUD is 0.765, and the USD is rising against the AUD. If the rising dollar trend continues, and all other economic elements remain equal, will her AUD be worth more USD now or later? Explain.
Answer:
Now, if takes 0.765 USD to be equal 1 AUD. when the dollar increases, it will take fewer dollars to equal 1 AUD. for instance, it takes 0.5 dollars per 1 AUD. The conversion will change to:5,000 AUD * (0.5 USD/AUD)
5,000 * 0.5
= $2,500
so, her AUD will be worth more now.
Explanation:
Solution
Given that:
Her present $5,000 AUD is worth $3,825 USD.
Then
5,000 AUD * (0.765 USD/AUD)
5,000 * 0.765
= $3,825
So,
If the USD dollar increases against the AUD, then, the ratio will reduce.
For example, it takes 0.765 USD to be equal 1 AUD. when the dollar increases, it will take fewer dollars to equal 1 AUD. for instance, it takes 0.5 dollars per 1 AUD. The conversion will change to:
5,000 AUD * (0.5 USD/AUD)
5,000 * 0.5
= $2,500
Therefore, her AUD will be worth more now.
Why is consumer spending the most essential element toward reversing a recession/depression?
The fact that the interest paid on debt is a taxminus−deductible expense increases the cost of debt financing.
a. True
b. False
Answer:
It's B) False
Explanation: