3. Technical instructions are almost always written for A. technicians and line workers. B. middle managers and supervisors. C. people who purchase the machinery. D. people who need to evaluate the machinery’s efficiency
Why is Facebook unique in the world of personal marketing?
You live on a large volcanic island not far from an active volcano. Besides damage from lava, what other hazards might affect your town and its people?
Besides damage from lava, there are many other hazards that may affect your town and its people. The air may be low quality when the volanco is rupturing from the smoke and ash. When this moves in to town it we pollute the crops which has an effect on the farmers and those who will buy the crops for food. Not only can it hurt crops, but livestock is also hurt if they breath in too much smoke and end up dying. Food can become scarce if crops and animals are not surviving the active volcano.
A __________ is a two-part process. one part explains what an employee would actually do at various jobs.
Answer:
The correct word for the blank space is: job analysis.
Explanation:
A job analysis is a method used to gather information about a specific job's tasks, obligations, abilities, performance, and work environment. It helps an organization to assess which employee is best for a particular job. In other words, it is useful to determine job placement.
What are the solutions to get rid of the crisis of liquidity faced by the country in the shadow of war.
To tackle a liquidity crisis during war, a country can employ strategies such as financial aids similar to the Marshall Plan, resolve balance of payments crisis through adjustments in exchange rate or IMF loans, and prevent capital flight. Financial crises can have global impacts, and holding US government debt is a common practice for its stability.
To address the crisis of liquidity faced by a country in times of war, there are several strategies that can be considered.:
Implementing programs similar to the Marshall Plan, where financial aid is provided to rebuild and stabilize economies.Resolving a balance of payments crisis, which can be temporarily or permanently dealt with by adjustments to the exchange rate, borrowing from institutions such as the IMF, or by enacting policies to reduce the current account deficit.Addressing issues related to capital flight, for example, by implementing policies that boost investor confidence to prevent the self-fulfilling prophecy of a currency devaluation.During the 2008 financial crisis, stock markets worldwide suffered heavy losses. To avoid spillover effects from a financial crisis, countries need to ensure robust economic policies and practices. Holding US government debt by other countries is often seen as a safe investment due to the stable value of the dollar.
To finance wars historically, nations have used methods including taxes, borrowing, and printing more money. However, such practices can lead to inflation and economic disruption, affecting the liquidity and balance of payments within a nation.
The ____ method indicates whether value is expected to be created for shareholders
Please help:
Investing $2,000,000 in TQM's Channel Support Systems initiative will at a minimum increase demand for your products 1.7% in this and in all future rounds. (Refer to the TQM Initiative worksheet in the CompXM.xls Decisions menu.) Looking at the Round 0 Inquirer for Andrews, last year's sales were $162,769,926. Assuming similar sales next year, the 1.7% increase in demand will provide $2,767,089 of additional revenue. With the overall contribution margin of 33.6%, after direct costs this revenue will add $929,742 to the bottom line. For simplicity, assume that the
Please help:
Investing $2,000,000 in TQM's Channel Support Systems initiative will at a minimum increase demand for your products 1.7% in this and in all future rounds. (Refer to the TQM Initiative worksheet in the CompXM.xls Decisions menu.) Looking at the Round 0 Inquirer for Andrews, last year's sales were $162,769,926. Assuming similar sales next year, the 1.7% increase in demand will provide $2,767,089 of additional revenue. With the overall contribution margin of 33.6%, after direct costs this revenue will add $929,742 to the bottom line. For simplicity, assume that the demand increase and margins will remain at last year's levels. How long will it take to achieve payback on the initial $2,000,000 TQM investment, rounded to the nearest month?
Select: 1
26 months
9 months
18 months
TQM investment will not have a significant financial impact
Answer:
It will take 26 Months to achieve payback on investment of $2,000,000
Explanation:
Let me start by simplifying the question:
The initial investment is $2 Million. The outcome of investment is the consistent increase of 1.7% in the demand of product, which means our sales will increase by the 1.7% each subsequent year. The contribution to the revenue from additional sales is 33.6%.
Consider this table below below attached to this answer:
It gives us that in the next 2 years, $1.8 Million (1,875,298 to be precise) is derived.
Hence, the near answer to reach the goal of payback of $2 Million would be the 26 months.
a.
Scissorwire Inc. can register with the SEC at any point after the dip in shares.
b.
The U.S. government can file a criminal lawsuit against Scissorwire Inc. to seek
Scissorwire Inc. sells shares of its stock to the public, with each share valued at $16. After a year, the company incurs a loss and the price of the stock drops to $5. The company reveals that it had deliberately not registered with the SEC before going public and that it has no money to pay the investors. Which of the following holds well in this context?
Answer
a.
Scissorwire Inc. can register with the SEC at any point after the dip in shares.
b.
The U.S. government can file a criminal lawsuit against Scissorwire Inc. to seek criminal penalties.
c.
The investors have been negligent in not verifying registration before purchase of shares and cannot rescind their purchase.
d.
Scissorwire Inc. is liable for the violation of the Securities Exchange Act of 1934.
Sources of monopoly power
A monopolist, unlike a competitive firm, has some market power. It can raise its price, within limits, without the quantity demanded falling to zero. The main way it retains its market power is through barriers to entry�that is, other companies cannot enter the market to create competition in that particular industry.
Complete the following table by indicating which barrier to entry appropriately explains why a monopoly exists in each scenario.
23-20 (Objectives 23-3, 23-4) The following are misstatements that might be found in the client’s year-end cash balance (assume that the balance sheet date is June 30):
1.The outstanding checks on the June 30 bank reconciliation were underfooted by $2,000.
2.A loan from the bank on June 26 was credited directly to the client’s bank account. The loan was not entered as of June 30.
3.A check was omitted from the outstanding check list on the June 30 bank reconciliation. It cleared the bank July 7.
4.A check was omitted from the outstanding check list on the bank reconciliation. It cleared the bank September 6.
5.Cash receipts collected on accounts receivable from July 1 to July 5 were included as June 29 and 30 cash receipts.
6.A bank transfer recorded in the accounting records on July 1 was included as a deposit in transit on June 30.
7.A check that was dated June 26 and disbursed in June was not recorded in the cash disbursements journal, but it was included as an outstanding check on June 30.
Required
a.Assuming that each of these misstatements was intentional (fraud), state the most likely motivation of the person responsible.
b.What control can be instituted for each fraud to reduce the likelihood of occurrence?
c.List an audit procedure that can be used to discover each fraud.
14-26 (Objectives 14-3, 14-4, 14-5) The following are commonly performed tests of controls and substantive tests of transactions audit procedures in the sales and collection cycle:
1.Account for a sequence of shipping documents and examine each one to make sure that a duplicate sales invoice is attached.
2.Account for a sequence of sales invoices and examine each one to make sure that a duplicate copy of the shipping document is attached.
3.Compare the quantity and description of items on shipping documents with the related duplicate sales invoices.
4.Trace recorded sales in the sales journal to the related accounts receivable master file and compare the customer name, date, and amount for each one.
5.Examine sales returns for approval by an authorized official.
6.Review the prelisting of cash receipts to determine whether cash is prelisted daily.
7.Reconcile the recorded cash receipts on the prelisting with the cash receipts journal and the bank statement for a 1-month period.
Required
a.Identify whether each audit procedure is a test of control or a substantive test of transactions.
b.State which of the six transaction-related audit objectives each of the audit procedures fulfills.
c.Identify the type of evidence used for each audit procedure, such as inspection and observation.
a. The most likely motivation for each misstatement, assuming they were intentional, would be to manipulate the cash balance on the balance sheet and potentially mislead investors, creditors, or other stakeholders. b. To reduce the likelihood of these frauds occurring, controls such as independent bank reconciliation, strong oversight, and regular monitoring can be instituted. c. Audit procedures such as surprise cash counts, reviewing bank statements, and comparing recorded cash receipts with bank deposits can be used to discover these frauds.
Explanation:Question a:Motivation of the person responsible:a. The most likely motivation for each misstatement, assuming they were intentional, would be to manipulate the cash balance on the balance sheet and potentially mislead investors, creditors, or other stakeholders. For example, by underfooting the outstanding checks or omitting checks from the outstanding check list, the person responsible could inflate the cash balance and make the company appear more financially stable than it actually is.
Question b:Controls to reduce likelihood of occurrence:b. To reduce the likelihood of these frauds occurring, the following controls can be instituted:The bank reconciliation process should be performed by an independent person, separate from those responsible for cash handling and recording transactions.Strong oversight and review procedures should be implemented to ensure all checks are properly recorded and accounted for.Regular monitoring and reconciliation of bank accounts and outstanding checks should be conducted to identify any discrepancies or missing items.Question c:Audit procedures to discover each fraud:c. To discover each of these frauds, the following audit procedures can be used:Performing surprise cash counts to verify the existence and accuracy of the cash balance.Reviewing bank statements and canceled check images to identify any discrepancies or missing checks.Performing a comparison of recorded cash receipts with bank deposits to identify any discrepancies or missing receipts.Coffer co. is analyzing two projects for the future. assume that only one project can be selected.
If the company is using the payback period method and it requires a payback of three years or less, which project whould be selected
a. project y
b.project x
c. both x nad y are axeptable projects
d. neither x nor y is an acceptable project
e. project y because it has a lower initial investment
Answer:
b.project x
Explanation:
Using cmc, you can increase your _____ because you are able to increase the number of potential partners using cmc when compared to ftf.
blank. Was. one of the most lucrative parts of the music business at the end of the nineteenth century a providing music business. b selling insurance c writing sheet music d going concerts
At the end of the nineteenth century, writing and selling sheet music was one of the most lucrative parts of the music business, as consumers bought music to play and sing at home.
At the end of the nineteenth century, one of the most lucrative parts of the music business was writing sheet music. The widespread desire to perform hit songs at home led to a blossoming market for sheet music publications. Consumers would purchase sheet music so they could play and sing the popular tunes of the day in their own domestic settings. Music publishers capitalized on this demand by employing song pluggers to play compositions in music stores, thus stimulating sheet music sales.
During this era, composers and lyricists could not earn royalties on recordings of their works, and they had to rely on the sale of their printed compositions. The Copyright Act of 1909 eventually brought crucial changes, allowing them to receive compensation for recorded versions of their works. Live performances, such as those by the Sousa Band, also played a vital role in the revenues of musicians, though the primary income for many composers came from selling their sheet music to the public.
Why it is necessary to create an ethics program, conduct training, and engage in compliance auditing?
True or false: over time, the telephone company has a very strong incentive to lower costs when subject to average-cost pricing regulations.
True, the telephone company does have a strong incentive to lower costs when subject to average-cost pricing regulations due to the nature of price cap regulation that rewards cost efficiency with higher profits while penalizing inability to reduce costs with potential losses.
Explanation:True or false: over time, the telephone company has a very strong incentive to lower costs when subject to average-cost pricing regulations. The answer to this statement is true. With average-cost pricing regulations, a natural monopoly like a telephone company has incentives to minimize costs, largely due to the structure of the price cap regulation system.
During the 1980s and 1990s, regulators introduced price cap regulation to encourage cost efficiency. Under this system, regulated firms such as telephone companies were allowed to charge a price set by the regulator which would typically decrease over time. If a firm could find ways to reduce its costs more effectively than the rate of the price caps, it could secure higher profits. Conversely, if the firm failed to keep costs down to meet the price cap requirements, it could incur losses.
Given the historical context in the United States, where AT&T was once the sole provider of local and long distance telephone service, there has been a transition from monopolistic markets to more competitive ones. Advances in technology have led to reduced average costs and increased consumer choice, making it imperative for telephone companies to continue to find ways to lower costs in order to maintain profitability.
Final answer:
The telephone company does have a strong incentive to lower costs over time under average-cost pricing due to the benefits of economies of scale, advancements in technology, and the structure of price cap regulation which rewards cost efficiency with higher profits.
Explanation:
True, over time, the telephone company has a very strong incentive to lower costs when subject to average-cost pricing regulations. This tendency is driven by the structure of natural monopolies, where average costs decline over the range of production that satisfies market demand due to significant economies of scale. Furthermore, with improvements in technology such as microwave transmission and communications satellites, these incentives are bolstered by the potential for reduced expenses and increased efficiencies.
Beginning in the 1980s and 1990s, regulators adopted price cap regulation, which sets a price that declines over time. This incentivizes firms to reduce costs to maintain or increase profits. Should a firm reduce its costs quicker than the price caps, it can realize higher profits, while failing to do so might result in losses. Thus, incentives are in place for monopolistic firms to continually seek cost-reducing innovations and improve efficiencies.
When companies set their dividend payout, they generally aim for a rate that is?
Zach, a high school junior, has just moved to a new town and cannot wait to get to school to meet new people. He likes sports and hopes he can try out for the soccer team. According to Maslow, Zach is working to fulfill his _____ needs.
Zach, a high school junior, has just moved to a new town and cannot wait to get to school to meet new people. He likes sports and hopes he can try out for the soccer team. According to Maslow, Zach is working to fulfill his social needs
Explanation:According to Maslow, Zach is working to fulfill his social needs. Maslow's hierarchy of needs outlines a progression of needs that motivate human behavior. At the base are physiological needs, followed by safety needs, then social needs, which include the need for love and a sense of belonging.
Zach, by wanting to meet new people and try out for the soccer team, is seeking to fulfill these social needs for companionship and acceptance within a group. Only once these needs are met can one progress to achieving esteem needs, such as self-worth and confidence, and ultimately, self-actualization, where one reaches their full potential.
Maslow emphasized that self-actualization is the highest level of the pyramid and represents the fulfillment of personal potential and self-transcendence. The theory suggests that lower-level needs such as biological and safety needs must be satisfied prior to addressing higher-level needs like social connections, self-esteem, and self-actualization.
alice is trying to decide on a type of therapy. two that were recommended to her were heinz kohut's contemporary psychodynamic therapy and humanistic psychotherapy. what do these therapies have in common?
As one of the seven habits of strong ethical leaders,________ is “the glue that holds ethical concepts together.” this trait can be developed early in life or developed over time through experience.
a company's actual results for revenues, net profits, EPS, and ROE turn out to be worse than projected, then it is usually because
A chart that shows the connection between consumer demand and price is a
a.market schedule.
b.market curve.
c.demand curve.
d.demand schedule.
Answer: d). Demand Schedule
Explanation:
Demand schedule is a tabular representation of the quantities of a good demanded by the consumer at different prices. While, a demand curve is a graphical representation of the quantities demanded by the consumer at different prices.
Since, the question is asking for the chart that shows the connection between consumer demand (no all consumer or market demand) and price, the correct option should be demand schedule.
A truck costing $12,500, which has Accumulated Depreciation of$9,050,was sold for $2,050 cash. The entry to record this event would include a:
The entry to record the sale of the truck would include a debit to Cash, a credit to Accumulated Depreciation, a credit to Truck, and a debit to Loss on Sale of Truck.
Explanation:The entry to record the sale of the truck would include a:
Debit to Cash for $2,050, representing the cash received from the sale.Credit to Accumulated Depreciation for $9,050, to remove the accumulated depreciation on the truck.Credit to Truck for $3,400 ($12,500 - $9,050), to remove the remaining value of the truck.Debit to Loss on Sale of Truck for $8,050 ($12,500 - $2,050 - $2,400), to account for the loss on the sale.
Final answer:
The question pertains to accounting for the sale of a fixed asset, a truck, where its original cost, accumulated depreciation, and cash received from the sale must be considered to determine the gain or loss. The appropriate journal entry would involve debiting cash, accumulated depreciation, and the loss on the sale (if any), and crediting the asset account.
Explanation:
The sale of the truck involves recording the cash received, removing the truck's original cost and its accumulated depreciation from the books, and recognizing any gain or loss on the sale. To determine the gain or loss on the sale of the truck, first subtract the accumulated depreciation from the original cost to find the book value. Then compare the book value to the cash received to determine if there's a gain or loss. In this case:
Book value of the truck: \$12,500 (cost) - \$9,050 (accumulated depreciation) = \$3,450.Cash received: \$2,050.Loss on sale of the truck: \$3,450 (book value) - \$2,050 (cash received) = \$1,400.The journal entry to record this sale would be:
Debit Cash \$2,050Debit Accumulated Depreciation \$9,050Debit Loss on Sale of Truck \$1,400Credit Truck \$12,500This entry removes the truck and its accumulated depreciation from the balance sheet, records the cash received, and recognizes the loss on the sale of the truck.
Nancy and Betty enter into a partnership agreement where they decide to share profits according to the following rules: Nancy and Betty will receive salaries of $1, 300 and $13, 500 respectively as the first allocation. The next allocation is based on 10% of each partner's capital balances. Any remaining profit or loss is to be allocated completely to Betty. The partnership's net income for the first year is $40,000. Nancy's capital balance is $100,000 and Betty's capital balance is $11,000 as at the end of the year. Calculate the share of profit/loss to be allocated to Betty. (Round your answer to the nearest dollar.) $11,300 $10, 200 $28,700 $1,110
After allocating salaries and returns on capital, the remaining net income is entirely allocated to Betty. Her total share of the profit includes her salary, a return on capital, and the remaining profit, totaling $28,700.
Explanation:To calculate Betty's share of the partnership profit, we need to follow the profit allocation rules stated in the partnership agreement:
First, we subtract the salaries from the net income: $40,000 - ($1,300 + $13,500) = $25,200.
Next, we allocate the return on capital: $25,200 - ($10,000 + $1,100) = $14,100 remaining.
All of this remaining profit is allocated to Betty. Therefore, Betty's total share is her salary plus her return on capital plus the remaining profit: $13,500 + $1,100 + $14,100 = $28,700.
So, the correct answer to the amount allocated to Betty is $28,700.
Final answer:
Betty's total share of the partnership's profit, following the specified allocations for salaries and capital interest, is $28,700 for the year.
Explanation:
To calculate Betty's share of the profit from their partnership, we must follow the rules set out in the agreement:
Allocate salaries: Nancy gets $1,300 and Betty gets $13,500.
Allocate based on 10% of their capital balances: Nancy's allocation is 10% of $100,000, which equals $10,000, and Betty's allocation is 10% of $11,000, which equals $1,100.
Any remaining profit is allocated completely to Betty.
The net income is $40,000, so let's subtract the allocated salaries and interest on capital:
$40,000 (Net Income) - $1,300 (Nancy's Salary) - $13,500 (Betty's Salary) - $10,000 (Interest on Nancy's Capital) - $1,100 (Interest on Betty's Capital) = $14,100 remaining.
This $14,100 is then allocated to Betty as outlined in the partnership agreement.
Therefore, Betty's total share of the profit is:
$13,500 (Salary) + $1,100 (Interest on Capital) + $14,100 (Remaining Profit) = $28,700.
The development of _____ marketing requires marketers to focus on ingenious tactics first and then develop
tactics into a strategies.
a. relationship
b. transformational
c. bottom-up
d. transactional
e. top-down
A company has the following cash flows:
Cash from operations
10
Cash from investing activities
(1)
Cash from financing activities
(9)
Which growth stage best describes this pattern of cash flows?
a)Decline
b)Early growth
c)Stable
d)Perky
e)Start-up
The cash flows described in the question indicate that the company is in the Early growth stage.
Explanation:The cash flows described in the question show a pattern of initially positive cash flows from operations, followed by negative cash flows from investing and financing activities. This indicates that the company is in the Early growth stage.
During the early growth stage, a company is investing in its operations to fuel its growth. Cash from operations is positive as the company is generating revenue, but the company is also spending on investments and financing activities to support its expansion, resulting in negative cash flows from those areas.
This pattern is typical for companies in the early growth stage as they strive to establish themselves, build infrastructure, and attract more customers.
Final answer:
The company with positive operational cash flow and negative investing and financing cash flows is likely in a Stable growth stage. Venture capitalists have better information about a small firm's profitability than potential bondholders. Fred's equity in his home is $20,000, which is 10% of the home's value.
Explanation:
The pattern of cash flows described for the company is cash from operations at 10, cash from investing activities at (1), and cash from financing activities at (9). The correct stage of growth for a company with a positive cash flow from operations, and negative cash flows from investing and financing activities is typically a Stable stage. Companies in this stage are assumed to generate sufficient cash from their core business to sustain operations, are not investing heavily (which could suggest expansion or growth), and are not raising large amounts of money through financing activities which might be seen in a start-up or early growth stage.
Early-stage corporate finance often involves raising capital from private investors because very small companies may not have sufficient history or be large enough to attract public market investors through an IPO. Small, young companies might prefer an IPO when they seek to raise larger amounts of capital and are prepared for the scrutiny of public markets. A venture capitalist typically has better information about the profitability of a small firm than a potential bondholder because venture capitalists are directly involved in the management and have access to internal company information.
A rise in the supply of money typically leads to a decline in interest rates, as more capital is available for lending.
Fred's equity in his home would be the down payment he made, which is 10% of the home's value. Therefore, Fred's equity is $20,000.
A company enters into a naming sponsorship agreement with a sport property because the property has its games televised. what benefit is the company seeking?
According to the theory of rational expectations, individuals will respond to expansionary monetary policy by:
A. Predicting a lower rate of inflation
B. Predicitng a higher rate of inflation
C. predicting no change in the rate inflation
D. incorrectly forecasting what will happen to the price level and employment
The correct answer is option B. According to the theory of rational expectations, individuals will respond to expansionary monetary policy by predicting a higher rate of inflation.
Option B is correct because rational expectations theory assumes individuals predict the effects of policies using all available information. With expansionary monetary policy, they anticipate higher inflation due to the increased money supply.
Why other options are incorrect:
Option A is incorrect because expansionary monetary policy typically leads to expectations of higher inflation, not lower.Option C is incorrect because rational expectations suggest that individuals adjust their predictions to account for anticipated changes, such as higher inflation.Option D is incorrect because rational expectations theory assumes individuals make accurate forecasts based on available information.Explain just in time(JIT) approach?
Grant, Arthur, and David formed a partnership for the purpose of betting on boxing matches. Grant and Arthur would become friendly with various boxers and offer them bribes to lose certain bouts. David would then place large bets, using money contributed by all three, and would collect the winnings. After David had accumulated a large sum of money, Grant and Arthur demanded their share, but David refused to make any split. Can Grant and Arthur compel David to account for the profits of the partnership? Why?
Which legal concept holds that both employer and employee have the mutual right to terminate an employment relationship any time, for any reason, and without advance notice to the other