Answer:
Factory Overhead account has a credit balance of $300 before adjusting.
adjusting entry will require a credit to Cost of Goods Sold.
Explanation:
Given that the actual overhead is $1,200 so the same should be debited to factory overhead account
And, the applied overhead is $1,500 so the same should be credited to the factory overhead account
In addition to this, the applied overhead is more than the actual overhead
So, these two statements should be considered
Corey, the chief financial officer of Maurectric Inc., an electronics company, is also an investor in the stockmarket. As the shareholder of various other companies, he attends the Annual General Meetings of thosecompanies. This helps him study the financials and financial strategies followed by other companies in the sameindustry. In the context of managerial roles, which of the following roles does Corey illustrate in this scenario?
a. The leader role
b. The liaison role
c. The disseminator role
d. The figurehead role
Answer:
The liaison role
Explanation:
From the question we are informed about Corey, the chief financial officer of Maurectric Inc., who is an electronics company, is also an investor in the stockmarket. As the shareholder of various other companies, he attends the Annual General Meetings of thosecompanies. This helps him study the financials and financial strategies followed by other companies in the sameindustry. In the context of managerial roles,in this case, the roles does Corey illustrate in this scenario is
liaison role.
A liaison role can be regarded as role that is been played by person for liaison in between two firms or two particular organizations so that he/she can communicate as well as coordinating their activities through his/her service as as an official go-between carrying out this role to senior officials of both organizations.. liaison officer should always attends the organization key meetings.
Discuss the impact the hard-lockdown had on perfect markets
Answer:
As supply chains and production processes are significantly interrupted, the outbreak has been identified as a pandemic by the World Health Organization.
Explanation:
Due to the severe lockdown, supplies and work in the perfect market were lacking. It led to further operations which reduced the workload of the respective firm, thus affecting productivity.
Because of the reduction in productivity, differences occur in the perfect market, where others benefit from the situation in the disadvantaged company. But demand and supply generally decreased in the perfect market.
In the capitalistic economy what ensures that a firm will survive only way to serve its customers wall by providing products and services that meet needs
Answer:
Competition
Explanation:
In the capitalistic economy, COMPETITION ensures that a firm will survive only if it serves its customers well by providing products and services that meet their needs.
Hence, Competition is a favorable concept for business because it stimulates the improvement and growth of new and decent commodities in the markets.
To consumers, competition is good because it normally leads to better service and lower the costs or prices of commodities.
Identify the goal of outsourcing governance procedures. Group of answer choices To report on the fairness of the presentation of management's description of a service organization's system and the suitability of the design of the controls To create complex systems that run themselves, while keeping the system's complexity invisible to the end user in a public cloud environment To ensure that the outsourcing initiative succeeds, even as personnel, business needs, and operating conditions change To provide data and resources on the upfront infrastructure costs of a firm and on projects that differentiate their core business process
Answer:
To ensure that the outsourcing initiative succeeds, even as personnel, business needs, and operating conditions change
Explanation:
Outsourcing
This is simply regarded as a form of an arrangement through which one company in contact with another organization mainly to give or provide services that ordinarily could be provided by company employees.
Reasons why organizations outsource
1. To cut costs
2. To improve focus
3. To upgrade capabilities and services
4. Fasten or accelerate time to market etc.
There are several issues associated with outsourcing. They includes:
1. There is the problem of decreasing employee Morale
2. Quality problems
3. Legal issues
3. Negative impact on customer relationships and satisfaction
4. Data security and integrity issues etc.
The objective of outsourcing is to save money and/or provide better service. It aim to lessen or free up development staff to cutoff peaks and valleys in the staffing cycle.
Complete the following statement. Merchandise inventory that is still available for sale is considered a(n) ________ (asset/expense/revenue) and is reported on the ____________ (balance sheet/income statement) and merchandise that is sold during the period is considered a(n) _______ (asset/expense/liability) and reported on the ____________ (balance sheet/income statement). Multiple choice question. expense -> income statement -> asset -> balance sheet expense -> balance sheet -> asset -> income statement asset -> income statement -> expense -> balance sheet asset -> balance sheet -> expense -> income statement
Answer:
asset -> balance sheet -> expense -> income statement
Explanation:
The merchandise inventory that still available for the sale purpose should be treated as the asset and the same should be reported on the balance sheet. And, the merchandise that is sold so it is treated as an expense and the same should be reported on the income statement
Therefore the above answer should be considered
identify the value of the fixed cost
Answer: Take your total cost of production and subtract your variable costs multiplied by the number of units you produced. This will give you your total fixed cost. You can use this fixed cost formula to help.
Explanation:
The cash payback period is: Select one: A. The number of years needed on an investment for the after-tax cash flows to equal the original investment B. The number of years of positive after-tax cash flows needed to make the net present value of an investment equal 0 C. The number of years of positive after-tax cash flows, discounted to the present period, needed to equal the original investment D. The total time that an investment will return positive after-tax cash flows E. None of the above
Answer:
A
Explanation:
Cash payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows
Cash payback is a method of capital budgeting
Other methods of capital budgeting includes :
Net present value Internal rate of return profitability indexPayback period = Amount invested / cash flow
for example, 10,000 was invested in a project. the cash flows from the project is 2000 per year for 10 years
the cash payback = 10,000/2000 = 5 years
Kindly suggest an effective strategy to help new entrants gain a significant share of the financial service market
Answer:
Franchising.
Explanation:
Franchising is an effective way to enter into market when a person has few or no knowledge about the market conditions. This is most suitable for food chains as there is no or minimum changes required for the operations. It is safe option for new entrants.
how much money does an employee working for a salary of 50,000 per year get paid each month
Carlos and Keisha have a monthly income of $25,000. They have monthly expenditures that total $30,000. What is TRUE about their cash flow?
A. They have a $5,000 surplus.
B. They have a $5,000 deficit.
C. They have a positive cash flow.
D. They have extra money that they could use for investments.
THE CORRECT ANSWER IS B. THEY HAVE A $5,000 DEFICIT.
i got it right on the test, i hope this helps :))
Answer:
B. They have a $5,000 deficit
Explanation:
The relationship between Income and Expenditure is that Income less expenditure gives us the Profit for the business. Therefore, Income ($25,000) less Expenditure ($30,000) gives a deficit of $5000.
Answer: They have a $5,000 deficit.
According to the Coase theorem, private parties can solve the problem of externalities if a. the cost of bargaining is small. b. the initial distribution of legal rights favors the person being adversely affected by the externality. c. the number of parties involved is sufficiently large. d. All of the above are correct.
Answer:
the cost of bargaining is small.
Explanation:
A good has externality if other economic agents that are not involved in either production or consumption are affected by economic activities
types of externalities
A good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.
A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.
Coase theorem has been proposed as a solution to externality. According to this theory, when there are conflicting property rights, bargaining between parties involved can lead to an efficient outcome only if the bargaining cost is low
Fallon works in an upscale department store and has been instructed by her management staff that she can take up to 20% off a product if it appears damaged in some way. In addition, Fallon is encouraged to help customers as she sees fit, including giving customers discount coupons on future purchases if they return a product because they weren't satisfied. The management at Fallon’s store is practicing
If the Forward Rate is expected to be an unbiased estimate of the future spot and Interest Rate Parity also holds, then: Group of answer choices Absolute forecast error would be zero Triangular arbitrage is not feasible Purchasing power parity holds Covered interest arbitrage is feasible International Fisher Equation holds
Answer:
International Fishers Equation holds.
Explanation:
If a forward exchange rate is an unbiased predictor of future spot rate then the forward rate will be equivalent to future spot spot rate. This hold international Fishers equation to be true as the interest rate parity and future spot are unbiased estimated of forward rate.
Why does the author introduce the text using a series of rhetorical questions?
A
to convince the reader that the majority of government power should be placed in the hands of the citizens, not the states that represent them
B
to inform the reader that the individual states need to maintain the bulk of power, instead of the federal government or the local communities in the state
C
to convince the reader that the majority of government power should be placed in the federal government because the states have too much infighting
D
to inform the reader that many of the individual states of the union are dissatisfied with the outcome of the conflict, and each of them are vying for power
Answer:
the answer is A. because we the citizen of a country vote them into power
Amanda is a manager at an automobile manufacturing plant. After careful inspection, one of her employees noticed a defect in a part that is necessary for airbag deployment. The company has been using that part for the past three months and it is unknown for how long they might have been receiving the defective part from their supplier. Amanda follows the utilitarian approach for her ethical decision making. Amanda will likely
Amanda will likely recall all the vehicles that have the defective part, even if it results in a significant financial loss for the company.
Why is ethical decision-making important in the business environment?Without a robust code of ethics, a company risks breaking the law, falling into financial trouble, and facing unethical situations. However, a company's stakeholders—including customers, employees, and other parties—are assured by good business ethics that it follows the law and acts morally.
The utilitarian approach to ethical decision-making aims to maximize overall happiness or pleasure and minimize overall pain or harm. In this scenario, Amanda must consider the potential harm that the defective part can cause to the customers who buy the cars manufactured by her company.
If the airbag deployment fails due to the defective part, it can result in severe injury or even death of the passengers in the car. Therefore, to minimize overall harm, Amanda should recall all the vehicles that have a defective parts, even if it results in a significant financial loss for the company.
This action will prioritize the safety and well-being of the customers over the company's financial interests, as it will prevent potential harm to many people.
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If you were the leader of a special-purpose team developing a new computer game and conflicts arose related to power and status differences among team members, what would you do? How might you use the various conflict-resolution techniques
organize an event using all functions of management
Answer:
1t1= 3
Explanation:
im smart
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What objective can a smart budget fulfill for an individual as well as an organization?
A.
helps to map expenses and control spending
B.
helps to find new avenues for income
C.
helps to reduce the amount paid towards taxes
D.
helps to indulge in over spending
The answer is A........
er book 3 Project 2021 Explain TWO major consequences for Boni and Pale should they be negligent in performing their duties.
Answer:
er book 3 Project 2021 Explain TWO major consequences for Boni and Pale should they be negligent in performing their duties.
Plzzz help me with this one
Answer:
what the question.....
Why is it hard to predict positive Moments of Reality (MORs)? A. Because they are negatively influenced by lifetime customer value. B. Because they differ by customer, and by time of year. C. Because most companies use moments of truth, which are in conflict with Moments of Reality. D.Because it is difficult to tell if a Moment of Reality is negative or positive.
Answer:
B. Because they differ by customer, and by time of year.
Explanation:
Moments of reality are hard to predict as it varies from customer to customer. All customers have different values and they rate a product or service according to their own values. Moments of reality can be positive or negative and they are influenced by customer experience.
When Hot Topic was refused by Union Bank, its financial managers submitted applications to Chemical Bank, Washington Mutual, and Wells Fargo.
Answer: The question you wanted to ask is missing, The excerpt related to your question is missing but i was able to get it online but I could not attached it .
Question : pick the correct option
answer :
Chemical Bank, Washington Mutual, and Wells Fargo
Explanation:
When Hot Topic was refused by Union Bank, its financial managers submitted applications to Chemical Bank, Washington Mutual, and Wells Fargo.
Because these Banks were willing to accept and work with the Hot topic .
Central City was awarded two state grants during its fiscal year ending September 30, 2020: a $2 million block grant that can be used to cover any operating expenses incurred during fiscal 2021, and a $1 million grant that can be used any time to acquire equipment for its police department. For the year ending September 30, 2020, Central City should recognize in grant revenue in its fund financial statement (in millions):
Answer:
$1 million
Explanation:
The computation of the grant revenue recognized in the fund financial statement is presented below;
Given that
The $2 million could be used for covering up the operating expense and $1 million could be used for purchasing an equipment
So as per the given situation, the $1 million should be recognized
Therefore the same should be considered
Jerod is relatively new to Xenon Corporation and wants to make sure that he makes a good impression on his co-workers and supervisor. He agrees with the supervisor’s opinion most of the time and is always doing nice things for him. Jerod makes sure that he associates with the ‘right’ people and is constantly complimenting others about their good work.
When Jerod agrees with the supervisor’s opinion most of the time to make a good impression, he is engaging in which of the following impression management techniques?
A. apologies
B. excuses
C. acclaiming
D. conformity
E. choose one
When Jerod agrees with the supervisor’s opinion most of the time to make a good impression, he is engaging in conformity. Option D. conformity is the correct option of the given statement.
How do we define conformity?Conformity is the process through which individuals modify their attitudes, behaviors, perceptions, and/or beliefs in order to more closely align with the beliefs held by the groups to which they aspire to belong, already do, or who they seek the approval of.
Is conformity a good or bad thing?There is no inherent good or bad in conformity. Conformity may be viewed negatively when it results from fear, a desire to maintain one's social standing, or when it leads to harmful outcomes.
How does conformity impact actions?Peer pressure may cause someone to engage in unsafe or unlawful activity, such underage drinking. Alternatively, conformity could result in the bystander effect, whereby following the crowd results in failing to help those in need. Your openness to novel concepts or arguments may be constrained by a desire to fit in.
What aspects impact conformity?Group size: Larger groups have a higher propensity to adopt comparable attitudes and actions than smaller ones. Individuals are more inclined to comply with collective decisions when everyone in the group responds in unison. Status: People are more prone to follow the traditions of high-status groups.
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Sallie's SandwichesSallie's Sandwichesis financed using 20% debt at a cost of 8%. Sallie projects combined free cash flows and interest tax savings of $2 million in Year 1, $4 million in Year 2, $5 million in Year 3, and $117 million in Year 4. (The Year 4 value includes the combinedhorizon values of FCF and tax shields.) All cash flows are expected to grow at a 3% constant rate after Year 4. Sallie'sbeta is 2.0, and its tax rate is 34%. The risk-free rate is 8%, and the market risk premium is 4%. Using the data for Sallie's Sandwiches andthe compressed adjusted present value model, what is the total value (in millions)? Group of answer choices$72.37 $73.99 $74.49 $75.81 $76.45 Quizlet
Answer:
$76.45
Explanation:
Sallie Sandwiches used hybrid financing which means debt and equity both are used to finance business. The company's cost of financing will be;
Cost of debt : 8% + [ 2.0 * 4%] = 16%
Cost of financing : [0.2 * 8%] + [0.8 * 16%] = 14.4%
NPV discounted at 14.4% is $76.45
The _____ prohibits the transfer of personal data to non-European Union nations that do not meet the European adequacy standard for privacy protection. Group of answer choices European Data Transfer Act Organization for Economic Cooperation and Development privacy guideline Code of Fair Information Practices European Union Data Protection Directive
Answer:
European Union Data Protection Directive
Explanation:
The European Union Data Protection Directive was implemented in October 1995 and regulates the processing of personal information of citizens of the European Union. It is also mean to protect personal information from being accessed by countries outside of the European Union.
The General Data Protection Regulation enacted in April 2016 eventually replaced the European Union Data Protection Directive.
Personal data of individuals should not be processed at all if the following conditions are not met: legitimate purpose, transparency, and proportionality.
June 1: Byte of Accounting, Inc. Acquired $78,200 in cash from lauren and issued 3,400 shares of its common stock.
Answer:
Question requires that a journal entry is done;
Date Account Title Debit Credit
June 1 Cash $78,200
Common Stock $78,200
A line cook at a restaurant was inspired to become a chef, but he lacked the necessary training. The line cook asked the chef at the restaurant if he could borrow $2,400 to take a professional cooking class. The chef agreed in a writing signed by both parties to loan him the money, provided that the line cook repaid her $200 each month for a year, beginning when the six-month class was over. The line cook made the first payment, but then missed the next two payments. The chef brought an action against the line cook prior to the time the fourth payment was due. How much is the chef entitled to in a judgment against the line cook?
Answers:
A. Nothing, because the entire loan amount was not yet due.
B. $400
C. $600
D. $2,400
Answer:
The answer is "Option B".
Explanation:
In the event of an infringement, unless the sole remaining performing duties are the violating duties of a Party as well as the fee by payments which are not mutually related, this same violation of – anti shall result throughout the infringement, whether in followed or accompanied by either a condemnation, not leading to a legal claim in full or partial contravening. Another claim for part-infringement damages is for compensation based only on the portion of the residual music rights of the wounded person. Here the cook only has the right to judge the amount due to the line cook after 2 months of payment.
what are the Business Activities ?
Answer:
There are three main types of business activities: operating, investing, and financing. The cash flows used and created by each of these activities are listed in the cash flow statement.
Answer:
There are three main types of business activities: operating, investing, and financing. The cash flows used and created by each of these activities are listed in the cash flow statement.
The relationship between advertising and product differentiation is a.irrelevant; firms with differentiated products do not need to advertise. b.zero; there is no relationship between product differentiation and advertising. c.negative; the more differentiated the product, the less a firm is likely to spend on advertising. d.positive; the more differentiated the product, the more a firm is likely to spend on advertising.
Answer:
d.positive; the more differentiated the product, the more a firm is likely to spend on advertising.
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.
Advertisement refers to the promotional multimedia messages designed and developed to make the products or services of a company known to its customers and potential customers.
Product differentiation refers to the differences imposed on consumers by the seller of a product. Thus, it typically makes a product better for some consumers and worse for others.
Hence, the relationship between advertising and product differentiation is positive; the more differentiated the product, the more a firm is likely to spend on advertising so as to convince and spur consumers into buying the product.