Answer: Option B
Explanation: In simple words, oligopoly refers to a market structure in which there are small number of firms, each operating at a high level, that dominate the whole industry.
Generally these firms are dependent on each other and compete on the basis of other factors than price. The products sold by the firms in these industries are not perfect substitute of each other and possess some minor differences.
The entry and exit in these industries is quite difficult due to high rules and regulations and heavy investments.Thus, from the above we can conclude that the correct option is B.
Oligopolies are markets dominated by a few large firms. Such markets in the U.S. include the automobile, athletic footwear, and cigarette industries, where companies such as General Motors, Ford, Nike, Adidas, Philip Morris and Reynolds American hold the majority of market share.
Explanation:Oligopolies are market structures characterized by a small number of large firms holding the majority of market share. These markets sit somewhere between perfect competition and monopolies, with companies mutually interdependent on each others decisions regarding output, prices, and advertising. Their behaviour may fluctuate between acting like perfect competitors, driving costs down, or acting like a monopoly, if they collude and drive prices up.
Three examples of oligopolies in the United States are the industries that produce or sell automobiles, athletic footware, and cigarettes (Option B). The automobile industry, for instance, is dominated by a small number of large corporations, like General Motors, Ford, and Chrysler. Similarly, the athletic footwear market is largely controlled by firms like Nike and Adidas. The cigarette industry is another example, with major firms like Philip Morris and Reynolds American controlling a great part of the market.
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Mara is looking to send one of her team members on an international assignment to China to train a group of employees located at her company's office in Beijing. As part of the assignment, the chosen employee will have to undergo a three-week diversity training program to help him/her learn about his/her new environment. Bryan, one of Mara's colleagues, is interested in taking up the assignment. Which of the following, if true, would reduce the likelihood that Bryan will be selected?
a. Bryan does not cope very well in ambiguous situations.
b. Bryan does cope very well in ambiguous situations.
c. Bryan does not like China
d. None of the above
Answer:
The correct answer is letter "A": Bryan does not cope very well in ambiguous situations.
Explanation:
To successfully be part of an exchange work program, the candidate must have good integration skills to face new cultures without struggling. It does not matter if the applicant might not like to country where the assignment is taking place, it is more important for that person to be tolerant enough with different costumes so it will not affect the working environment.
Final answer:
Bryan's inability to cope well in ambiguous situations would reduce his likelihood of being chosen for an international assignment to China, since adaptability and cultural sensitivity are crucial in such roles.
Explanation:
The question revolves around the scenario of selecting an employee for an international assignment in China and determining which factor would reduce the likelihood of an employee being selected. Considering the provided context, if Bryan does not cope very well in ambiguous situations, this would reduce the likelihood that he will be selected for the assignment. The ability to cope with ambiguity is critical in international assignments because it relates to the capacity to effectively navigate and adapt to new cultural environments, which are inherently uncertain and can be radically different from one's home country culture. The success in international assignments often relies on both technical skills and personality traits such as adaptability, cultural sensitivity, and openness to new experiences, as indicated by the diverse cultural workforce and the necessity of managing cultural diversity.
1. Differentiate between a group and a team.
2. Research the Ringelmann Effect. How does it contribute to our modern-day understanding of team dynamic?
3. Discuss the characteristics of a highly effective team.
4. What are some of the barriers to team work?
Groups comprise individuals with varying objectives, while teams are cohesive units with a common goal. The Ringelmann Effect explains reduced individual productivity as team size grows, influencing our grasp of team dynamics. Effective teams are characterized by cohesion and clear roles, while poor communication and leadership can impede teamwork.
Understanding Groups and Teams
To understand the difference between groups and teams, it’s essential to recognize that while all teams can be considered groups, not all groups are teams. A group is a collection of individuals who come together to achieve a particular task or goal but may have different objectives and leadership. In contrast, a team is a cohesive unit with a high degree of interdependence, focused on achieving a common goal, often with shared leadership and accountability.
The Ringelmann Effect and Team Dynamics
The Ringelmann Effect is a phenomenon where individual members of a group become less productive as the size of the group increases. This understanding contributes to our modern-day understanding of team dynamics by highlighting the potential for social loafing and reinforcing the need for clear individual responsibilities within teams.
Characteristics of Effective Teams
A highly effective team often displays strong group cohesion, collective efficacy, clear roles and tasks, and the ability to navigate through the stages of group development effectively. They also show a high degree of adaptability, communication, and mutual support.
Barriers to Teamwork
Common barriers to teamwork include poor communication, lack of clear direction or goals, interpersonal conflicts, and inadequate leadership. Understanding these can help teams design strategies to overcome them, fostering greater collaboration and productivity.
Barton Corporation acquires a coal mine at a cost of $1,500,000. Intangible development costs total $360,000. After extraction has occurred, Barton must restore the property (estimated fair value of the obligation is $180,000), after which it can be sold for $510,000. Barton estimates that 5,000 tons of coal can be extracted. If 900 tons are extracted the first year, which of the following would be included in the journal entry to record depletion? a. Debit to Accumulated Depletion for $275,400 b. Debit to Inventory for $275,400 c. Credit to Inventory for $270,000 d. Credit to Accumulated Depletion for $459,000
Answer:
The answer is b. Debit to Inventory for $275,400.
Explanation:
We have Depletion base is calculated as:
Acquisition cost + Development cost + Restoration cost - Disposal price = 1,500,000 + 360,000 + 180,000 - 510,000 = $1,530,000
=> Depletion rate per one ton of extracted coal = 1,530,000/5,000 = $306
Amount of Depletion recorded in first year with 900 tons extracted = 306 x 900 = $275,400; which will be recorded in the first year as:
Dr Inventory - coal extracted 275,400
Cr Accumulated Depletion 275,400
=> Thus, (b) Debit to Inventory for $275,400 is the correct choice.
A company is considering the purchase of a new machine for $54,000. Management predicts that the machine can produce sales of $16,600 each year for the next 10 years. Expenses are expected to include direct materials, direct labor, and factory overhead totaling $7,400 per year including depreciation of $4,600 per year. The company's tax rate is 40%. What is the payback period for the new machine?
a. 6.28 years.
b. 26.47 years.
c. 11.74 years.
d. 5.34 years.
e. 3.25 years.
Answer:
Payback Period = 5.34 years
so correct option is d. 5.34 years
Explanation:
given data
purchase machine = $54,000.
sales = $16,600
time = 10 year
Expenses = $7400
depreciation = $4,600 per year
tax rate = 40%
to find out
payback period for the new machine
solution
we get here earning before tax that is express as
earning before tax EBT = Sales - Expenses .............1
put her value we get
earning before tax EBT =$16600 - $7400
EBT = $9260
so we get here Tax for 40% that is
tax for 40% = 0.40 × $9260
tax for 40% = $3680
and
so net income = $5520
and
Cash Flow = net income + depreciation
Cash Flow = $5520 + $4600
Cash Flow = $10120
so Payback Period will be her as
Payback Period = Investment ÷ Annual Cash Flow ...................2
Payback Period = [tex]\frac{54000}{10120}[/tex]
Payback Period = 5.34 years
so correct option is d. 5.34 years
Final answer:
To calculate the payback period for the machine, subtract expenses from sales, add back non-cash depreciation, adjust for taxes, and divide the initial investment by the resulting after-tax cash flows. The calculated payback period is 9.78 years, which suggests a typo in the given options as none of them match this result.
Explanation:
The payback period is the time it takes for a company to recover its investment in an asset through cash flows. To calculate the payback period for the new machine, we first need to calculate net annual cash flows. Deduct the expenses, including direct materials, labor, and overhead from the annual sales. However, since depreciation is a non-cash expense, we need to add it back to get the pre-tax cash flows:
Annual Sales - (Direct Materials + Direct Labor + Overhead - Depreciation) = Net annual cash flows
Then we adjust it for taxes:
Net annual cash flows x (1 - Tax Rate) = After-tax cash flows
To find the payback period, we divide the initial investment by the after-tax cash flows:
$54,000 \div ([$16,600 - $7,400 + $4,600] x (1 - 0.40)) = Payback Period
The calculation yields $54,000 \div ($9,200 x 0.60) or $54,000 \div $5,520, which nicely equals 9.78 years. It seems there might be a typo in the given options, as none of them accurately reflects this calculation. However, when comparing this result with the provided options, 9.78 years does not match, so the assumption about a typo seems correct, and we may have to double-check the figures or the method of calculation.
Equipment was purchased for $152000. Freight charges amounted to $5000 and there was a cost of $14000 for building a foundation and installing the equipment. It is estimated that the equipment will have a $38000 salvage value at the end of its 5-year useful life. Depreciation Expense each year using the straight-line method will be A. $26600. B. $34200. C. $26000. D. $22800.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Equipment was purchased for $152000. Freight charges amounted to $5000 and there was a cost of $14000 for building a foundation and installing the equipment. It is estimated that the equipment will have a $38000 salvage value at the end of its 5-year useful life.
First, we need to calculate the total cost of the equipment.
Total cost= purchasing price + freight + cost required to put the asset to work
Total cost= 152,000 + 5,000 + 14,000= $171,000
Now, we can determine the depreciation cost:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (171,000 - 38,000)/5= $26,600
Which of the following is an example of strategic entry deterrence?
A. building excess capacity
B. price reductions
C. economies of scale
D. both b and c
E. both a and b
Answer:
E. both a and b
Explanation:
Strategic entry deterrence refers to any act that prevents potential market participants from competing in a particular market. Such actions or barriers to entry may include rival capture, product differentiation for extensive product development, capacity building to lower unit costs, and predatory pricing. While many entry barriers can be created, time can also be a barrier to entry because potential marketers are less likely to enter the market if it takes longer to complete the task. they spend and lose their profits over time. Entrance barriers are sometimes considered anti-competitive and may be subject to different competition laws.
One way to block access to the new entrants is to produce products at a lower price than the monopoly level. This not only reduces profitability, but also makes them less attractive to participants, but also means that the current person is more likely to meet market demand and to leave any potential bidder in the market.
The current company has the advantage of being the first carrier, so it can act in a way that it knows will affect the decision of the participant. Assuming incomplete data (ie, the costs of the current firm are known only) can only make assumptions about the cost structure of the participant with price and output levels. Therefore, duty people can use them as a signal to any potential bidder.
An officer trying to strategically hinder access may do so by trying to minimize market entry. Expected revenues depend heavily on the number of customers waiting for the participant - so one way to prevent access is the "shutting-down" consumer.
Jones Corp. reported current assets of $199,000 and current liabilities of $140,000 on its most recent balance sheet. The working capital is:______a. 142%.b. 70%.c. ($59,000).d. $59,000.e. 42%.
Answer:
It is $59,000(D)
Explanation:
Net Working Capital = Current Assets – Current Liabilities
=$199,000-$140,000
=$59,000
Working Capital is the money available to fund a company’s day-to-day operations.
If the current assets are greater than current liabilities, we have positive net working capital and vice-versa.
Option (A) False. This is working capital percentage -i.e [(current assets/Current Liabilities) *100%]
Option(B) False.
Option(C) False. Net working capital will only be negative when current liabilities are greater than current assets.
Option(D) True.
Option(E) False
Naomi is studying for her law exam. While she is studying, she is trying to think of as many examples as she can to illustrate key ideas. In this case, Naomi is using a. an efficient study strategy, because examples should help her to recall key ideas. b. an ineffective study strategy that will probably cause her to confuse many of the key ideas. c. shallow processing that does not focus on the underlying meaning of the material she is reading. d. the linking method, to create a more complete semantic network.
Answer:
The correct answer is letter "A": an efficient study strategy, because examples should help her to recall key ideas.
Explanation:
Efficient study strategies are learned by practice to improve the brain's ability to retain information. This ability is acquired by choosing suitable study environments, establishing fixed study schedules, and selecting memory activities that somehow help information to be recalled easily.
In this type of control system, the master budget is based on a single prediction for sales volume, and the budgeted amount for each cost essentially assumes that a specific amount of sales will occur: Select one: a. Sales budget. b. Standard budget. c. Flexible budget. d. Fixed budget. e. Variable budget.
Answer:
(e) Variable budget
Explanation:
A budget is a money related arrangement for a characterized period, regularly one year. It might likewise incorporate arranged deals volumes and incomes, asset amounts, expenses and costs, resources, liabilities and incomes
Variable budget plan, is monetary arrangement of evaluated incomes and costs dependent on the current real measure of yield.
The board frequently utilizes variable spending plans before a period to foresee both a best case and more regrettable case situation for the up and coming bookkeeping period.
AA-rated bank estimates its losses of 1% of outstanding loans on average per year. The 99.9% worst-case loss if 5% of outstanding loans. Its spread between the cost of funds and the interest charged is 2.5%. You are given sufficient information to find Risk-Adjusted Return on Capital. a. True b. False
Answer: False
Explanation:
The Risk adjusted Return on capital is used by banks to know the level of risk the bank may fall into based on the loan they give out to the borrowers of the loan. The bank is expected to engage in responsible risk management. The formula for calculating the risk adjusted return on capital is
Cost - Expected losses + income from capital / Economic or total capital
In this question we are given the interest charged to be 2.5%, we are given the expected losses to 1% based on industry average. But we are not given the actual figure of the loan lent out, in which to calculate the 5% of the loan which is still outstanding, and we are not given the income from the capital. We are not given the cost of the fund. Therefore, we are not given sufficient information to find Risk -Adjusted Return on capital.
5. Risk analysis in capital budgeting Projects differ in risk, and risk analysis is a critical component of the capital budgeting process. Consider the case of United Recycling Inc.: United Recycling Inc. is one of the largest recyclers of glass and paper products in the United States. The company is looking into expanding into the cardboard recycling business. The company’s CFO has performed a detailed analysis of the proposed expansion. The selling price of recycled cardboard can fluctuate dramatically, depending on the market conditions. By creating models that used different assumptions for the selling price of recycled cardboard but keeping all other inputs in the model the same, the CFO demonstrated the effect of fluctuations in the price of recycled cardboard. Based on the information given, determine which of the statements is correct. The company’s CFO was conducting a sensitivity analysis on the project’s financial model. The company’s CFO performed a scenario analysis on the project’s financial model. Evaluating risk is an important part of the capital budgeting process. Which of the following is measured by its effect on the firm’s beta coefficient? Risk-adjusted cost of capital Market, or beta, risk Corporate, or within-firm, risk Stand-alone risk When dealing with , diversification is totally ignored.
Answer:
A. Market, or beta, risk
Explanation:
i.e when the CFO adjusts the cost per ton of processing the cardboard, the project’s NPV will decrease.
Solution 2 :- The correct answer is (B) I.e Corporate or with in firm risk
a project's risk to the corporation as opposed to its investors
Solution 3 :- Stand alone risk
Stand alone risk is measured by the variability of the project's expected returns - diversification is totally ignored
The CFO of United Recycling Inc. was conducting a sensitivity analysis by varying the recycled cardboard's selling price. Market risk is measured by its effect on the firm's beta coefficient. Stand-alone risk evaluates the risk of an investment individually, ignoring diversification benefits.
Explanation:When United Recycling Inc.'s CFO created models, varying the selling price of recycled cardboard while holding other inputs constant, they were performing a sensitivity analysis. Sensitivity analysis helps to understand the impact of a single variable on a financial model while scenario analysis would involve changing multiple variables simultaneously. Risk analysis is indeed a crucial part of capital budgeting, as it helps to evaluate the uncertainty surrounding an investment's profitability and expected rate of return.
The measurement of risk by its effect on a firm's beta coefficient relates to market risk, also known as beta risk. Market risk is relevant in the context of a diversified portfolio, where we consider the systemic risk that cannot be diversified away. When we talk about a risk measure that ignores diversification, we typically refer to stand-alone risk, which evaluates investment risk on an individual basis without considering how the investment affects portfolio risk.
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Suppose the market demand for pizza is given by:
Qd = 300 - 20P
Qs = 20P - 100 where P = price (per pizza).
1. Suppose the price of hamburgers, a subsitute for pizza, doubles. This leads to a doubling of the demand for pizza. (At each price, consumers demand twice as much pizza as before.) Write the equation for the new market demand for pizza.
Answer:
QD=600-40P
Explanation:
The old equation for the demand for pizza is Qd = 300 - 20P
Now because of an increase in the price of a substitute the demand for pizza doubles, in order to find the new equation will multiply the old equation by 2 because the demand has doubled.
300*2=600
20P*2=40P
New equation = 600-40P
We can check whether our new equation is correct or not.
If we assume the price of pizza to be 10 and then put 10 in both the equations the quantity from equation 2 should be double that of equation 1.
Equation 1= 300-(20*10)
=300-200=100
Equation 2 = 600-(40*10)
=600-400=200
AS we can see the quantity doubled on the same price which means our equation is correct.
The new equation for the market demand for pizza comes to be Qd = 600 - 40P, assuming that the price of hamburgers doubles which leads to a doubling of the demand for pizza.
Explanation:The original equation for the demand for pizza is Qd = 300 - 20P. According to the situation mentioned, if the price of hamburgers (a substitute for pizza) doubles, that leads to a doubling of the demand for pizza.
This means that at every price, consumers are now demanding twice as much pizza as they were before. So the new equation for the market demand for pizza becomes Qd = 2 * (300 - 20P), which simplifies to Qd = 600 - 40P.
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Gerald's had opening total stockholders' equity of $160,000. During the year, total assets increased by $240,000 and total liabilities increased by $120,000. Their net income was $180,000. No additional investments were made. However, some amount was paid as dividend during the year. What was the amount of the dividend paid?
Final answer:
Gerald's paid out $60,000 in dividends during the year. This was calculated by determining the expected Stockholders' Equity after accounting for Net Income and comparing it to the actual Stockholders' Equity, accounting for the increases in total assets and liabilities.
Explanation:
To determine the amount of the dividend paid, we need to assess the change in Stockholder's Equity using the accounting equation:
Stockholder's Equity = Total Assets - Total Liabilities
We know Gerald's starting Stockholders' Equity is $160,000. Over the year, Total Assets increased by $240,000 and Total Liabilities increased by $120,000, thus:
New Total Assets = Old Total Assets + Increase = Starting Stockholders' Equity + Increase in Total Assets = $160,000 + $240,000 = $400,000.
New Total Liabilities = Old Total Liabilities + Increase = Increase in Total Liabilities = $120,000 (since we don't have the starting total liabilities).
New Stockholders' Equity = New Total Assets - New Total Liabilities = $400,000 - $120,000 = $280,000.
Net Income which contributes to Stockholder's Equity = $180,000. Thus, before considering dividends, the expected Stockholders' Equity should be the Starting Stockholders' Equity + Net Income = $160,000 + $180,000 = $340,000.
The actual Stockholders Equity though is $280,000. This means that the difference, which is paid out as dividends, is Stockholders' Equity expected - Actual Stockholders' Equity = $340,000 - $280,000 = $60,000.
Therefore, Gerald's paid out $60,000 in dividends during the year.
Job 303 includes direct materials costs of $ 540 and direct labor costs of $ 400. If the predetermined overhead allocation rate is 50% of direct labor cost, what is the total cost assigned to Job 303?
Answer:
Total cost will be $1140
Explanation:
We have given direct material cost = $540
Direct labor cost = $400
And overhead allocation is 50 % of direct labor cost
So overhead allocation = 50 % of $400 = $200
We have to find the total cost assigned to the job
So total cost = direct material cost + direct labor cost + overhead allocation = $540 + $400 + $200 = $1140
So total cost will be $1140
The total cost assigned to Job 303, which includes direct materials, labor and overhead costs, is calculated as $1140.
Explanation:To calculate the total cost assigned to Job 303, you need to combine the direct materials costs, direct labor costs and the overhead cost which is calculated based on a predetermined overhead allocation rate. The overhead allocation rate is 50% of the direct labor cost.
Therefore, the overhead cost will be 50% of $400, which equals to $200. Hence, the total cost for Job 303 can be calculated as follows: $540 (direct materials) + $400 (direct labor) + $200 (overhead allocation) = $1140.
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On June 1, 2018, Top Performance Cell Phones sold $ 26 comma 000 of merchandise to Alright Trucking Company on account. Alright fell on hard times and on July 15 paid only $ 7 comma 500 of the account receivable. After repeated attempts to collect, Top Performance finally wrote off its accounts receivable from Alright on September 5. Six months later, March 5, 2019, Top Performance received Alright's check for $ 18 comma 500 with a note apologizing for the late payment.
REQUIREMENTS
1. Journalize the transactions for High Performance Cell PhonesHigh Performance Cell Phones using the direct write-off method. Ignore Cost of Goods Sold.
2. What are some limitations that High Performance will encounter when using the direct write-off method?
Answer:
1.
June 1 2018
Dr Account Receivable 26,000
Cr Sales 26,000
( to record sales on account to Alright trucking)
July 15 2018
Dr Cash 7,500
Cr Account Receivable 7,500
( to record cash collection from Alright trucking)
Sep 5 2018
Dr Bad Debt Expenses 18,500
Cr Account Receivable 18,500
( to record bad debt expenses from Alright trucking's receivables)
March 5,2019
Dr Account Receivables 18,500
Cr Bad Debt Expenses 18,500
( to reverse the bad debt record of Alright trucking's receivables)
Dr Cash 18,500
Cr Account Receivable 18,500
( to record cash collection from Alright trucking)
2.
The limitations of direct written-off method is Bad Debt expenses is only recorded when it is incurred rather than when it is highly possible to be foreseen and estimated.
As a result, Account Receivables is tend to be recorded at the higher balance and Bad Debt expenses is recorded with the lack of timely manner ( that is, period after it is incurred) and thus does not match with the period the originating Sales is earned.
Explanation:
Harrison's Supply Co. suffered a fire loss on April 20, 2013. The company's last physical inventory was taken January 30, 2013, at which time the inventory totaled $220,000. Sales from January 30 to April 20 were $600,000 and purchases during that time were $450,000. Harrison's consistently reports a 30% gross profit. The estimated inventory loss is:a. $490,000. b. $238,000. c. $250,000. d. None of these
Answer:
c. $250,000
Explanation:
The computation of the estimated inventory loss is shown below:
= Total amount of inventory + purchase made during the year - costs of goods sold
= $220,000 + 450,000 - $420,000
= $670,000 - $420,000
= $250,000
The cost of goods would be
= Sales - sales × gross profit margin
= $600,000 - $600,000 × 30%
= $600,000 - $180,000
= $420,000
a company is considering the purchase of a new machine. The cost of the machine is $70,000. the annual cash flow are: 1 year $13,000; 2 year $24,000; 3 year $33,000; 4 year $21000, a) if the cost of capital is 8%. what is the net present value of the machine?
Answer:
Net present value of machine = 4,245
Explanation:
In order to find the net present value of the machine we will discount the future cash flows of the machine using the cost of capital of 8% and add all of them up in order to calculate the present value of future cash flows and then we will subtract the initial cost of $70,000 in order to calculate the net present value.
Year 1 = 13,000 PV= 13,000/1.08=12,037
Year 2 = 24.000 PV=24,000/1.08^2=20,576
Year 3 = 33,000 PV=33,000/1.08^3=26,196
Year 4= 21,000 PV=21,000/1.08^4=15,435
12,037+20,576+26,196+15,435
Sum of the preset value of all future cash flows = 74,245
Net present value = 74,245-70,000=4,245
Assume that a value stream in Elite Company has two products with material costs of $40,000 and $80,000 for a given week. The conversion costs for the week amounted to $360,000. The units produced for the first product are 21,000 with 20,000 shipped to customers. For the second product, 40,000 units were produced and shipped. Calculate the cost per unit for the first product. (Note: Round to two decimal places.)
a. $9.00 per unit
b. $3.00 per unit
c. $8.00 per unit
d. $6.00 per unit
Answer:
c. $8.00 per unit
Explanation:
Total Cost = Conversion Cost + Material Cost
Total Cost = $360,000 + ($40,000 + $80,000)
Total Cost = $480,000
Total Units = Product 1 units shipped + Product 2 units shipped
Total Units = 20,000 + 40,000
Total Units = 60,000
Cost per unit of 1st product can be calculated as follows;
Cost per unit = Total Cost / Total Units
Cost Per Unit = $480,000 / 60,000
Cost Per Unit = $8.00 per unit
Common components of an SLA include which of the following:
a. MTBF
b. Uptime percentage
c. Throughput
d. None of the above
e. All of the above
Answer:
d. None of the above
Explanation:
The Service Level Agreement (SLA) is the term of the ITIL methodology that denotes a formal agreement between the customer of the service and its provider, containing a description of the service, the rights and obligations of the parties and, most importantly, the agreed level of quality of the service.
A well-defined and typical SLA will contain the following components:
1) Type of service provided: indicates the type of service and any additional information about the type of service provided. If connected to an IP network, the type of service will describe functions such as the operation and maintenance of network equipment, the bandwidth of the connection that must be provided, etc.
2) The required level of service performance, especially its reliability and responsiveness: a reliable service is one that experiences minimal disruptions over a period of time and is almost always available. The service with good responsiveness will perform the desired action immediately after the client requests it.
3) Monitoring process and service level reports. This component describes how performance levels are monitored and controlled. This process involves collecting statistics of various types, how often these statistics will be collected, and how customers will gain access to these statistics.
4) Steps for reporting problems using the service: This component will indicate the contact information by which the problem should be reported, and the order in which the details of the problem should be reported. The contract will also include a period of time during which the problem will be considered, as well as until the moment the problem is resolved.
5) Timing of response and resolution of the problem. Response time is the period during which the service provider begins investigating the problem. A problem resolution time period is a period of time during which a current maintenance problem will be resolved and fixed.
6) Consequences for a non-fulfilling service provider: if the provider is not able to fulfill the requirements specified in the SLA, the service provider will have to face the consequences for the same. These consequences may include the client’s right to terminate the contract or demand compensation for losses incurred by the client as a result of the denial of service.
Chocolate De-lites imports and exports chocolate delicacies. Some transactions are denominated in U.S. dollars and others in foreign currencies. A summary of accounts receivable and accounts payable on December 31, 20X6, before adjustments for the effects of changes in exchange rates during 20X6, follows:
Accounts receivable:
In U.S. dollars $ 164,000
In 475,000 Egyptian pounds (E£) $ 73,600
Accounts payable:
In U.S. dollars $ 86,000
In 21,000,000 yen (¥) $ 175,300
The spot rates on December 31, 20X6, were
The question essentially is related to the implications of foreign exchange rates on the financial accounts of a company that engages in international transactions. The accounts receivable and payable values need to be adjusted to reflect changes in exchange rates to give an accurate account of the company's financial state.
Explanation:The subject matter at hand appears to involve aspects of international business, specifically focusing on foreign exchange and accounting. These details are represented by Accounts Receivable and Accounts Payable in various currencies, which emphasizes the effects of changes in exchange rates on company ledgers.
The value of each of these transactions changes as the exchange rate between the currency of the transaction and the U.S. dollar fluctuates. For example, if the exchange rate for the Egyptian pound to the U.S. dollar increases, then the value of the accounts receivable denominated in Egyptian pounds will increase and need to be adjusted accordingly.
As end-of-year financials are being prepared, it is required to adjust these balances to represent the most accurate value in U.S. dollars due to changes in the exchange rates. These adjustments ensure that financial records accurately reflect the company's financial condition in terms of US dollars, which is home currency.
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When adding totals to a report, which of the following calculation options totals up the values in a particular field? a. Sum b. Report c. Max d. Standard Deviation
Answer:
A. Sum
Explanation:
The sum calculation option totals up the values in a particular field
Cain Inc. reports net income of $15,600. Its comparative balance sheet shows the following changes: accounts receivable increased $6,600; inventory decreased $8,600; prepaid insurance decreased $1,600; accounts payable increased $3,600 and taxes payable decreased $2,600. Compute cash flows from operations using the indirect method.
Answer:
$20,200
Explanation:
Amount in $
Net income 15,600
Increase in receivables (6,600)
Decrease in inventory 8,600
Decrease in prepaid insurance 1,600
Increase in account payable 3,600
Decrease in tax payable (2,600)
Net cash flows from operations 20,200
The cash flows from operations for Cain Inc. using the indirect method is computed to be $20,200 by adjusting net income with the changes in current assets and liabilities.
Explanation:The question asks about computing the cash flows from operations for Cain Inc., using the indirect method. Starting with the net income, we need to adjust for changes in current assets and liabilities. The steps are as follows:
Start with net income: $15,600 Adjust for increases in current assets, which are uses of cash, i.e., account receivables (+$6,600) Adjust for decreases in current assets, which are sources of cash, i.e., inventory (-$8,600), prepaid insurance (-$1,600) Adjust for increases in current liabilities, which are sources of cash, i.e., accounts payable (+$3,600) Adjust for decreases in current liabilities, which are uses of cash, i.e., taxes payable (-$2,600)
The cash flows from operations would therefore be $15,600 - $6,600 + $8,600 + $1,600 + $3,600 - $2,600 = $20,200.
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Suppose that a certain country has an "MPC of 0.8 and a real GDP of $500 billion. If its investment spending decreases by $10 billion, what will be its new level of real GDP?"
Final answer:
The new level of real GDP would be $450 billion after a $10 billion decrease in investment spending, given an MPC of 0.8 and a multiplier effect of 5.
Explanation:
The student is asking about the effect of a decrease in investment spending on the country's real GDP, given a certain marginal propensity to consume (MPC). To calculate the new real GDP, we use the multiplier effect. The multiplier formula is 1/(1 - MPC). With an MPC of 0.8, the multiplier is 1/(1 - 0.8) = 5. If investment decreases by $10 billion, the overall decrease in real GDP would be the investment decrease multiplied by the multiplier, so $10 billion x 5 = $50 billion drop in real GDP. Thus, the new level of real GDP would be the initial GDP minus this decrease, $500 billion - $50 billion = $450 billion.
Explain how this organization develops group cohesiveness or how it could be developed and sustained within the organization.
Answer:
Following factors are responsible for increase and decrease of group cohesiveness. The organization should work on following things to develop group cohesiveness.
(1) Similarities of Attitudes and Values
(2) Size of the Group
(3) Time
(4) Location
(5) Status
(6) Difficulty in Entry
(7) Inter Dependency
(8) Management Behavior
(9) Member Turnover
(10) Threat
(11) Previous Successes and Shared Goals, and
(12) Cooperation
Bell Inc. took a physical inventory at the end of the year and determined that $780,000 of goods were on hand.
In addition, Bell, Inc. determined that $60,000 of goods that were in transit that were shipped f.o.b. shipping point were actually received two days after the inventory count and that the company had $90,000 of goods out on consignment.
What amount should Bell report as inventory at the end of the year?
a. $780,000.b. $840,000.c. $870,000.d. $930,000.
Answer:
Option (c) is correct.
Explanation:
Given that,
Physical inventory at the end of the year and determined = $780,000 of goods were on hand
Shipped f.o.b. shipping point = $60,000
Goods out on consignment = $90,000
Bell report as inventory at the end of the year as follows:
= Physical inventory determined + Goods on consignment
= $780,000 + $90,000
= $870,000
A firm practicing third-degree price discrimination may:
I. segment its customers by age, such as offering senior citizen discounts.
II. charge customers living in certain zip codes a higher price than customers living in other locations.
III. initially charge high prices and then reduce the price over time to sell to the more price-sensitive consumers.
(A) I
(B) I and II
(C) II
(D) I, II, and III
Answer:
(B) I and II
Explanation:
Price discrimination is when a producer charges different prices for his good or service.
Third degree price discrimination is when consumers are charged different prices for the same good due to certain factors. E.g. age, gender, location.
Second degree price discrimination is when consumers who buy in bulk are given discounts.
First price discrimination is when consumers are charged different prices according to their willingness to pay. Example of first price discrimination is initially charging high prices and then reducing the price over time to sell to the more price-sensitive consumers.
I hope my answer helps you.
Wynn Company offers a set of building blocks to customers who send in 3 UPC codes from Wynn cereal, along with 50 cents. The blocks sets cost Wynn $1.10 each to purchase and 60 cents each to mail to customers.
During, 20XX, Wynn sold 1,200,000 boxes of cereal. The company expects 30% of the UPC codes to be sent in. During 20XX, 120,000 UPC codes were redeemed.
Prepare Wynn's Dec 31, 20XX, adjusting entry.
Answer:
the entry is a provision in expenses: 96,000 debit (expenses provisions), 96,000 credit (liabilities accruals)
Explanation:
The total UPC codes that Wynn Company expects to redeem is 360,000. If 120,000 were redeemed, that 240,000 are pending to redeem. In terms of blocks, it means 80,000 pending to purchase and send to customers (240,000/3=80,000). The total net cost for those blocks is $96,000, as follows: total cost = 1.1+0.6-0.5=1.2 and then multiply for the number of blocks: 80,000*1.2 = $96,000. Finally, the entry is a provision in expenses: 96,000 debit (expenses provisions), 96,000 credit (liabilities accruals)
Adjusting entries are considered as a planned part of the accounting process, in order to adjust the extra amount of transaction.
What are Adjusting Entries?
Adjusting entries are essential toward the finish of a bookkeeping period to bring the record exceptionally.
Adjusting Entry:-
Expenses provisions 96,000
To liabilities accruals 96,000
(Being adjusting entry recorded)
Working Note:-
The total UPC codes that Wynn Company expects to redeem is 360,000. If 120,000 were redeemed, that 240,000 are pending to redeem.
In terms of blocks, it means 80,000 pending to purchase and send to customers (240,000/3=80,000).
The total net cost for those blocks is $96,000, as follows: total cost = 1.1+0.6-0.5=1.2 and then multiply for the number of blocks: 80,000*1.2 = $96,000.
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National Warehousing just announced it is increasing its annual dividend to $1.18 next year and establishing a policy whereby the dividend will increase by 3.25 percent annually thereafter. How much will one share of this stock be worth 8 years from now if the required rate of return is 9.5 percent?
Answer:
$24.38
Explanation:
The computation of the one share of worth is shown below:
= Eight-year dividend ÷ (Required rate of return - growth rate)
where,
Next year dividend for eight-year s would be
= Annual dividend × (1 + growth rate)^number of years
= $1.18 × (1 + 3.25%)^8
= $1.18 × 1.291577535
= $1.524061492
The other items rate would remain the same
Now placing these values to the formula above
So, the price would equal to
= $1.524061492 ÷ (9.5% - 3.25%)
= $24.38
A steel hanger is bolted to a steel frame using two 5/8 in-18 UNF grade 7 bolts. The thickness of the hanger at the bolt is identical to that of the frame, 1 inch each. A vertical load varying between 0 and 40,000 lb is applied at the hanger. The bolts are initially tightened to 75% of its full proof load. The length of the bolt is two threads beyond the nut. Determine the factors'of safety against yielding. overloading and joint separation, respectively. And, estimate the torque necessary to develop the preload.
Answer:
Explanation:
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Think of a major, well-known business; a prominent not-for-profit organization; and a state, provincial, or national government. For each, describe in two or three sentences a strategically appropriate investment project that the organization might be evaluating
Answer:
Consider the following explanation
Explanation:
A major well known Business - Apple - It should invest more in its emerging economies customer care. Many people in EMs are scared o buying an apple product because of the pathetic service it provides in these markets. This would really help Apple in pushing its sales and compete with EM brands like Mi. This project will correct Apple's Error of Omission in the Emerging markets sales impetus.
Non Profit - National Volunteer Corps India (RSS) - They should launch an educational campaign to deliberate on the European Colonizers' version, and the Communists version of Indian history. The debate on Indian ancestry is very critical to understanding ot just India's past, but also the position of Indic philosophical systems in philosophy.
National Economy - US economy would stand to gain a lot if the government undertook an infrastructure revamp program. Maintenance work on roads, highways, waterways, utilities has been pending for some time in US now.