Answer:
in all of the above areas.
Explanation:
Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.
A lean business is a business concept used by organizations to eliminate waste and maximize value for growth and development. The lean business concept include the following;
I. A total quality management (TQM): it is a management framework that is focused on achieving long-term success through the satisfaction of your customers by the efforts of all the member of staff in an organization.
II. A continuous improvement (CI): it is a management technique that is focused on improving manufacturing processes, products and services through the elimination of redundancy and time-wasting activities in an organization.
III. Just-in-time (JIT): it is a management framework that is focused on cutting manufacturing costs and increase efficiency between suppliers and consumers through the use of a proper inventory system.
Hence, Lean supply chain management focuses on eliminating waste:
I. In a business firm's sourcing and logistics activities.
II. In the internal operations of a business firm.
III. In flows of information and money among various supply chain partners.
Dunning's theory of international investment is known was the electric program in the theory brand names trademarks, economies of scale, managerial skills and proprietary technology are all examples of ownership specific advantages.
A. True
B. False
Answer:
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You want to invest $25,000 and are looking for safe investment options. Your bank is offering you a certificate of deposit that pays a nominal rate of 4% that is compounded bimonthly (every two months). What is the effective rate of return that you will earn from this investment
If you want to invest $25,000 and are looking for safe investment options. The effective rate of return that you will earn from this investment is 4.08%.
How to find the Effective rate of return?Given data:
Investment = $25,000
Rate = r = 8%
Number of months = 12 × 2 = 24 months (Bimonthly)
Now let find the Effective rate of return
Effective rate of return = (1 + 0.04/24)^24 -1
Effective rate of return = 4.08%
Therefore we can conclude that the Effective rate of return is 4.08%.
Learn more about Effective rate of return here:https://brainly.com/question/28361279
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Suppose you bought a bond with a coupon rate of 5.2 percent paid annually one year ago for $920. The bond sells for $970 today. a.Assuming a $1,000 face value, what was your total dollar return on this investment over the past year
Answer:
$102
Explanation:
Calculation to determine what was your total dollar return on this investment over the past year
Using this formula
Total dollar return =Change in price + Coupon payment
Let plug in the formula
Total dollar return = $970 - $920 + (5.2÷100*$1000)
Total dollar return = $970 - $920+$52
Total dollar return=$102
Therefore what was your total dollar return on this investment over the past year is $102
Assume your entry price for both long and short positions is $50 and you would like to set the reward-risk ratio (RRR) at 1.2. Calculate the profit and loss exit points for both long and short positions.
Answer:
Long Position
Profit exit point: sell limit= 8.33
Loss exit point= 41.66
Short Position
Lost exit point: buy stop= 58
Profit exit point:buy limit=40
Explanation:
Calculation to determine the profit and loss exit points for both long and short positions.
LONG POSITION profit and loss exit points
First step is to calculate the Profit exit point: sell limit
Profit exit point: sell limit=( 50x10% )/1.2
Profit exit point: sell limit=$10/1.2
Profit exit point: sell limit= 8.33
Now let calculate the Loss exit point
Loss exit point=50-8.33
Loss exit point= 41.66
SHORT POSITION profit and loss exit points
Lost exit point: buy stop=20%/x=1.2
Lost exit point: buy stop=20%/2
Lost exit point: buy stop=1.6
Lost exit point: buy stop= 50+(50x1.6)
Lost exit point: buy stop= 58
Now let calculate the Profit exit point:buy limit:
Profit exit point:buy limit=50-(50*.20)
Profit exit point:buy limit=40
Matilda, an employee, received an e-mail from an angry client about a certain product. Although it was not Matilda's fault, she hesitated to report it to her manager because she knew that he had a tendency to unfairly blame people for things. In this case, which of the following is true of Matilda's company?
a. Reviews are not held periodically
b. The firm's expectations are not established in writing
c. Employees are unclear about what needs to be achieved
d. "Shoot the messenger" management exists, implying a lack of control
e. Key data are not measured and reported in a timely manner
Answer:
d. "Shoot the messenger" management exists, implying a lack of control
Explanation:
The approach of "shoot the messenger" implies that the management of a company tend to blame the bearer of bad news as if they are responsible for the bad occurrence.
This approach causes tension and lack of communication in the workplace as employees are afraid of communicating when something bad happens.
Management is supposed to look objectively at the situation, identify the party that is responsible for the failure, and work towards rectifying it.
This is the situation in the scenario where Matilda received an e-mail from an angry client about a certain product and she hesitated to report it to her manager because she knew that he had a tendency to unfairly blame people for things
Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match the most probable matching method to the costs listed below.
1. Dividends
2. Prepaid Insurance
3. Unearned Rent
4. Fees Earned
5. Patents
A. Stockholders' Equity
B. Revenue
C. Expenses
D. Assets
E. Liabilities
Answer and Explanation:
The matching is as follows:
1. Dividends = A. Stockholders' Equity
2. Prepaid Insurance = D. Assets
3. Unearned Rent = E. Liabilities
4. Fees Earned = B. Revenue
5. Patents = D. Assets
In this way it should be matched
Like the dividend is come under equity so it is shown under stockholder equity
likewise it is applied for the other items
Vaughn Company has the following equivalent units for July: materials 15340 and conversion 17700. Production cost data are: Materials Conversion Work in process, July 1 $ 8700 $ 3100 Costs added in July 68000 50000 The unit production costs for July are: Materials Conversion Costs
Answer:
Vaughn Company
The unit production costs for July are:
Materials Conversion
Cost per equivalent unit $5 $3
Explanation:
a) Data and Calculations:
Materials Conversion
Beginning WIP $ 8,700 $ 3,100
Costs added in July 68,000 50,000
Total production costs $76,700 $53,100
Equivalent units for July 15,340 17,700
Cost per equivalent unit $5 $3
b) The materials and conversion costs per equivalent unit are the dividends resulting from the division of the total production costs for materials and conversion by their respective total equivalent units of production.
Fed up with her working conditions at the university, Juanita decides to invest in a state-of-the-art sewing machine and produce limited quantities of her own clothing designs. After a few months of operation, she decides to apply some of the forecasting techniques she mastered in school. Which of these statements about her forecasts is correct?
a. Her forecasts will probably be 100% accurate.
b. Her demand forecasts for a year from now will probably be more accurate than her demand forecasts for three months from now.
c. Her demand forecasts for each style of skirt will be more accurate than her demand forecasts for all skirts.
d. The best way for her to determine the amount of fabric she needs is to forecast it based on her customer orders for each type of skirt.
Answer:
Juanita
The correct statement about her forecasts is:
c. Her demand forecasts for each style of skirt will be more accurate than her demand forecasts for all skirts.
Explanation:
Since she has produced limited quantities of her own clothing designs, Juanita is in a better position to determine the demand for each style of skirt that she had produced. This knowledge, which she acquired after a few months of operation, coupled with the forecasting techniques she had mastered in school, will enable her to make a demand forecast for her particular designs than she can make for all design types of skirts.
hyde's headphones sells deluxe headphones for $90 each. Unit variable expenses total $50. The breakeven sales in units is 2,000 and budgeted sales in units is 4,525. What is the margin of safety in dollars
Answer:
See below
Explanation:
Given the above information, margin of safety in dollars is computed as;
= (Total sales - Break even sales) × Sales price
= (4,525 - 2,000) × $90
= $227,250
Therefore, the margin of safety in dollars is $227,250
Explain the statement “The entrepreneur is the pivot of development.”
Answer:
Entrepreneurship is a continuous phase of development and movement while being focused on goal
Explanation:
An entrepreneur has an undeniable trait of being flexible along with being focused and pivoted to move in the right direction at the right time. If the circumstances require, he/she can also pivot in the other direction while being flexible at the same time.
Thus, entrepreneurship is a continuous phase of development and movement while being focused on goal.
g This year, Nilo Inc. granted nonqualified stock options to 230 employees. For financial statement purposes, Nilo recorded a $179,200 expense for the estimated value of the options. As a result of this transaction, Nilo has a:
Answer:
temporary unfavorable book/tax difference
Explanation:
Given that
There is an unqualified stock options for 230 employees
And, the expenses are recorded at $179,200
So based on the above information the nike have temporary also adverse book or tax difference
as this given transaction does not represent the permanent one so it should be considered as temporary
For each separate case below, follow the three-step process for adjusting the accrued revenue account at December 31. Step 1: Determine what the current account balance equals. Step 2: Determine what the current account balance should equal. Step 3: Record the December 31 adjusting entry to get from step 1 to step 2. Assume no other adjusting entries are made during the year.
a. Accounts Receivable. At year-end, the L. Cole Company has completed services of $19,000 for a client, but the client has not yet been billed for those services.
b. Interest Receivable. At year-end, the company has earned, but not yet recorded, $390 of interest earned from its investments in government bonds.
c. Accounts Receivable. A painting company bills customers when jobs are complete. The work for one job is now complete. The customer has not yet been billed for the $1,300 of work.
Answer:
Dr Accounts receivable $19,000
Cr Earned service revenues $19,000
Dr Interest receivable $390)
Cr Interest revenue $390
Dr Accounts receivable $1,300
Cr Earned service revenue $1,300
Explanation:
Preparation to Record the December 31 adjusting entry
Dr Accounts receivable $19,000
Cr Earned service revenues $19,000
Dr Interest receivable $390)
Cr Interest revenue $390
Dr Accounts receivable $1,300
Cr Earned service revenue $1,300
Which of the following items is an implicit transaction? Recognizing a gain on the sale of equipment Recording payment of monthly interest on loan Recognizing impairment on an intangible asset Recognizing deferred revenue through delivery of goods
Answer:
The correct answer is the second option: Recording payment of monthly interest on loan.
Explanation:
To begin with, the term known as "implicit transaction" in the field of business management and accounting refers specifically to the situation where the "transaction" was not intended in the first place as a directly situation to get, therefore that it is said to be an opportunity cost that happens when the company uses another resources in order to do another activities. For example the situation where the monthly interest on the loan is paid back to the company.
explain the funtion of an office
During 2021, Blossom Co. incurred the following costs: Testing in search for process alternatives $390000 Costs of marketing research for new product 260000 Modification of the formulation of a process 570000 Research and development services performed by Crane Corp. for Blossom 485000 In Blossom's 2021 income statement, research and development expense should be
Answer:
See below
Explanation:
Given the above information, our concern when calculating amount of research and development costs charged to Blossom corp. for 2021 should be the period cost. This means costs that are incurred in the period under review. I.e 2021.
= Testing in search for process alternative + Cost of marketing research + Modification of formulation of a process + Consulting fees
= $390,000 + $260,000 + $570,000 + $485,000
= $1,705,000
Therefore, Blossom's 2021 income statement , research and development expense should be $1,705,000.
Nash Company sold 10,800 Super-Spreaders on December 31, 2020, at a total price of $1,015,200, with a warranty guarantee that the product was free of any defects. The cost of the spreaders sold is $561,600. The assurance warranties extend for a 2-year period and are estimated to cost $43,400. Nash also sold extended warranties (service-type warranties) related to 2,100 spreaders for 2 years beyond the 2-year period for $12,600. Given this information, determine the amounts to report for the following at December 31, 2020: sales revenue, warranty expense, unearned warranty revenue, warranty liability, and cash.
Answer:
Amount reported in Income
Particulars Amount
Sales revenue $1,015,200
Warranty expenses $43,400
Amount reported on balance sheet
Particulars Amount
Unearned service revenue $12,600
Cash ($1,015,200 + $12,600) $1,016,460
Warranty liability $43,400
Determine whether each of the following statements is an example of a price ceiling or a price floor and whether it is binding or nonbinding.
a. The government prohibits fast-food restaurants from selling hamburgers for more than $8 each.
b. Due to new regulations, fast-food restaurants that would like to pay better wages in order to hire more workers are prohibited from doing so.
c. The government has instituted a legal minimum price of $5 each for hamburgers.
Answer:
price ceiling non binding
price ceiling binding
price floor non-binding
Explanation:
A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price.
the minimum price for hamburgers is $5. this is an example of a price floor
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
The government sets the maximum price for hamburgers. this is an example of a price ceiling
Restaurants are prevented from hiring more workers and paying them a better wage. this is an example of a binding price ceiling
Effects of a price ceiling
1. It leads to shortages
2. it leads to the development of black markets
3. it prevents producers from raising price beyond a certain price
4. It lowers the price consumers pay for a product. This increases consumer surplus
Q8 Bernard co. has 9% coupon bonds on the market that have 11 years left to maturity. The bonds will make annual payments. If the YTM on these bonds is 10%, what is the current bond price (in $ dollars)
Answer: Hello the face value of the bond is missing hence I will assume $1000 as the face value.
$935.05
Explanation:
Assumption: Face value of Bond = $1,000
Determine the current bond price
Nper = 11 years
YTM ( rate ) = 10%
PMT = 9% ( coupon rate ) * 1000 ( face value of bond ) = 90
Fv = $1000
apply excel function to determine the current bond price
=PV( 10%,11,90,1000,0) = $935.05
Note : You can insert the face value you have into the excel function if the value you have isn't $1000 as I assumed
Vista Company installed a standard cost system on January 1. Selected transactions for the month of January are as follows.
1. Purchased 18,400 units of raw materials on account at a cost of $3.90 per unit. Standard cost was $3.80 per unit.
2. Issued 18,400 units of raw materials for jobs that required 18,100 standard units of raw materials.
3. Incurred 16,000 actual hours of direct labor at an actual rate of $4.10 per hour. The standard rate is $4.60 per hour. (Credit Factory Wages Payable).
4. Performed 16,000 hours of direct labor on jobs when standard hours were 16,190.
5. Applied overhead to jobs at the rate of 100% of direct labor cost for standard hours allowed.
Journalize the January transactions.
Answer:
1. Dr Raw Materials Inventory $69,920
Dr Materials Price Variance $1,840
Cr Accounts Payable $71,760
2. Dr Work in Process Inventory $68,780
Dr Materials Quantity Variance $1,140
Cr Raw Materials Inventory $69,920
3. Dr Factory Labor $73,600
Cr Labor Price Variance $8,000
Cr Factory Wages Payable $65,600
4. Dr Work in Process Inventory $74,474
Cr Labor Quantity Variance $874
Cr Factory Labor $73,600
5. Dr Work in Process Inventory $143,254
Cr Manufacturing Overhead $143,254
Explanation:
Preparation of the anuary transactions
1. Dr Raw Materials Inventory $69,920
(18,400*$3.80)
Dr Materials Price Variance $1,840 [18,400 x ($3.90 - $3.80)]
Cr Accounts Payable $71,760
($69,920+$1,840)
2. Dr Work in Process Inventory $68,780
(18,100*$3.80)
Dr Materials Quantity Variance $1,140 [$3.80 x (18,400 - 18,100)]
Cr Raw Materials Inventory $69,920
(18,400*$3.80)
3. Dr Factory Labor $73,600
($16,000*$4.60)
Cr Labor Price Variance $8,000
[16,000 x ($4.10 - $4.60)]
Cr Factory Wages Payable $65,600
(16,000*$4.10)
4. Dr Work in Process Inventory $74,474
(16,190*$4.60)
Cr Labor Quantity Variance $874 [$4.60 x (16,000 - 16,190)]
Cr Factory Labor $73,600
($8,000+$65,600)
5. Dr Work in Process Inventory $143,254
($68,780+$74,474)
Cr Manufacturing Overhead $143,254
An investment offers $5,800 per year for 20 years, with the first payment occurring one year from now. a. If the required return is 7 percent, what is the value of the investment today
Answer:
Present value of the investment= $61,445.28
Explanation:
Giving the following information:
Annual payment= $5,800
Number of periods= 20 years
Interest rate= 7%
First, we need to calculate the future value of the investment:
FV= {A*[(1+i)^n-1]}/i
A= annual payment
FV= {5,800*[(1.07^20) - 1]} / 0.07
FV= $237,773.86
Now, the present value:
PV= FV / (1 + i)^n
PV= 237,773.86 / (1.07^20)
PV= $61,445.28
Flow Company has provided the following information for the year ended December 31, 2019: Cash paid for interest, $22,500 Cash paid for dividends, $6,500 Cash dividends received, $4,500 Cash proceeds from bank loan, $34,000 Cash purchase of treasury stock, $13,500 Cash paid for equipment purchase, $29,500 Cash received from issuance of common stock, $39,500 Cash received from sale of land with a $34,500 book value, $27,000 Acquisition of land costing $53,500 in exchange for preferred stock issuance. Payment of $125,000 note payable by exchanging used machinery with a $79,500 book value and $125,000 fair value How much was Flow's net cash flow from investing activities
Answer:
$2,500
Explanation:
Net Cash flow from investing activities
Particulars Amount
Cash proceeds from sale of Land $27,000
Cash Paid for Equipment Purchase -$29,500
Net Outflow from investing activities ($2,500)
Suppose that a decrease in the demand for goods and services pushes the economy into recession. What happens to the price level? If the government does nothing, what ensures that the economy still eventually gets back to the natural rate of output?
Indicate for each of the following costs whether it is a product cost or a period cost.
1. Wages of aircraft mechanics employed by an airline.
2. Wages of drill-press operators in a manufacturing plant.
3. Cost of food in a microwavable dinner.
4. Cost incurred by a department store chain to transport merchandise to its stores.
5. Cost of grapes purchased by a winery.
6. Depreciation on pizza ovens in a pizza restaurant.
7. Cost of plant manager in a computer production facility.
8. Wages of security personnel in a department store.
9. Cost of utilities in a manufacturing facility.
Answer and Explanation:
The classification of the following cost i.e. either product cost or period cost is
1. Period cost as it deals with the operating expense
2 Product cost as it directly linked with the product
3 Product cost as it directly linked with the product
4 Product cost as it directly linked with the product
5 Product cost as it directly linked with the product
6 Product cost as it directly linked with the product
7 Product cost as it directly linked with the product
8 period cost as it does not directly linked with the product
9 Product cost as it directly linked with the product
The following are users of external financial statements, EXCEPT: a. internal auditors. b. shareholders. c. Internal Revenue Service (IRS). d. Securities and Exchange Commission (SEC).
Answer:
a. internal auditors.
Explanation:
external financial can be regarded as statement such as income statement as well as balance sheet or statement of cash flowsStatement of Cash that gives information about the company
Users of external financial statements, are
✓shareholders.
✓Internal Revenue Service (IRS).
✓ Securities and Exchange Commission (SEC).
BMW and United Airlines cannot be considered in the same industry analysis because they compete in different industries.
a. True
b. False
Answer: False
Explanation:
The statement that "BMW and United Airlines cannot be considered in the same industry analysis because they compete in different industries" is wrong.
It should be noted that both of them are in the mobility industry. The mobility industry refers to the industry which covers the broad range of the organisations which provide products and services thar are used to support domestic and international relocations and assignments.
A set of servers, that your project needs, has a daily lease cost of $500 for the first 20 days and the lease cost is reduced to $200 daily for any days after the first 20 days. If the team decides to purchase this set of servers, the investment cost is $11,000 and a daily operational cost of $75. (a) After how many days will the purchase cost be same as the lease cost
Answer:
After 25 days of lease, the purchase cost will be the same as the lease cost.
Explanation:
a) Data and Calculations:
Initial investment (purchase) cost = $11,000
Lease cost = $10,000 ($500 * 20)
Difference in purchase and lease cost = $1,000 ($11,000 - $10,000)
Daily lease cost after the first 20 days = $200
Additional number of days for purchase cost to equal lease cost = $1,000/$200 = 5 days
b) One can infer from the above that it will benefit the company more to purchase the set of servers by making the initial investment of $11,000 than leasing the servers.
In a market economy, individuals' economic lives are said to be interrelated with many other individuals and firms. almost completely controlled by government regulation. illegal and in violation of government rules on prices and sales. based more on production than on consumption.
Answer:
Interrelated with many other individuals and firms
Explanation:
market economy can be regarded as an economic system whereby decisions as regards to investment, production asvwell as distribution are been guided by the price signals which is been at up by forces of supply and demand. Inthe activities are iunplanned. It should be noted that, In a market economy, individuals' economic lives are said to be interrelated with many other individuals and firms.
A company with few managerial levels and a short chain of command usually has a wide span of control. This is called a _____ organizational structure. Group of answer choices
Answer:
Flat
Explanation:
An organizational structure can be defined as the process which typically involves dividing an organization into various functional units.
Basically, the organizational structure comprises of three (3) main dimensions and these are;
I. The vertical dimension: this is typically the decision-making responsibilities (decentralization and centralization).
II. The horizontal dimension: this divides the organization into subunits.
III. Integrating mechanisms: it is based typically on the strategic mechanism that controls the various subunits within an organization.
A span of control can be defined as the number of people (employees or workers), functions, activities which are being directly controlled effectively and efficiently by a manager in an organization.
In this scenario, a company has few managerial levels. Also, all short chain of command usually has a wide span of control. This is called a flat organizational structure.
A flat organizational structure can be defined as an organizational structure that comprises of a few or no levels of middle managers between employees and the executive. Thus, it's an organizational structure that brings the top executive in direct contact with the employees such as salespeople, customer care, cashier, etc.
Help please Briefly explain how technology affects promotional strategies.
Answer: Technology has transformed marketing by making campaigns more personalized and immersive for people and creating ecosystems that are more integrated and targeted for marketers. And it's not just the interface between brands and people that have been transformed. ... 30% will prioritise technology over creativity.
On October 6, 2021, Ronan Corp. sold land to Bane Co., its wholly owned subsidiary. The land cost $72,400 and was sold to Bane for $96,000. For consolidated financial statement reporting purposes, when must the gain on the sale of the land be recognized?a. No gain may be recognized.b. As Bane uses the land.c. When Bane Co. sells the land to a third party.d. Proportionately over a designated period of years.e. When Bane Co. begins using the land productively.
Answer:
c. When Bane Co. sells the land to a third party
Explanation:
As in the case of the consolidated financial statement no gain or loss should be recognized when there is an intercompany transactions also it would be removed at the time of consolidation
So the gain that should be recognized at the time of sale of the land would occur when the company sold the land to the third party
Therefore the option c is correct