Answer:
Approaches to risk, structure and length of commitment has been changed in a positive way.
Explanation:
Approaches to risk, structure and length of commitment has been changed in a positive way. Risk is greatly changed by introducing the following strategy:
Transfer, Avoid, Reduce and Accept.
The risk is analyzed first to identify the nature whether it can be transferred or not if yes it is transferred, if not then risk is again analyzed if this can be avoided, if not then risk is again analyzed if the chances of risk occurring can be reduced, if not then the risk is accepted.
Length of commitment is changed to easy terms, the length of commitment in the past was of a longer duration [more than a year], unlike now which is a choice, length of commitment can be less than a year or maybe more than a year.
According to COSO, an executive's deliberate misrepresentation to a banker who is considering whether to make a loan to an enterprise is an example of which of the following internal control limitations?
Answer:
Management override
Explanation:
Management override can be regarded as ability of management as well as those that are in charge of governance
to prepare fraudulent financial statements or to manipulate accounting records through overriding these controls, in this case, the controls might even shows that it is operating effectively. For management overrides to be prevented, culture that encourages honesty as well as one that supports employees that can speak up in cases whereby when they suspect that something is wrong should be built. It should be noted that According to COSO, An example of Management override internal control limitations is an executive's deliberate misrepresentation to a banker who is considering whether to make a loan to an enterprise
Stacy accidentally added a new transaction to her bank register via the bank feed that should have been matched to an existing transaction. Where in the Banking Center should she go to find the transaction and correct the error?
a. Gear icon
b. Filter
c. For Review
d. Categorized
Answer:
The answer is "Option d"
Explanation:
The classification classifies its organizing and simplification of a world for human beings comprising things, objects, or concepts that exist around them, that's why Stacy has accidentally uploaded a new transaction via a bank feed which will be matched via an existing transaction to her account. She does go to the Banking Center and employ Categorized as a procedure to remedy the error.
A researcher wants to test the order of integration of some time series data. He decides to use the DF test. He estimates a regression of the form
delta yt = mu + si yt-1 + mut
and obtains the estimate ˆ? = -0.02 with standard error = 0.31.
(a) What are the null and alternative hypotheses for this test?
(b) Given the data, and a critical value of -2.88, perform the test.
(c) What is the conclusion from this test and what should be the next step?
(d) Why is it not valid to compare the estimated test statistic with the corresponding critical value from a t-distribution, even though the test statistic takes the form of the usual t-ratio?
Answer:
a) H0: u = presence of a unit root
HA: u ≠ presence of a unit root ( i.e. stationary series )
b) t stat = -0.064
c) We will reject the Null hypothesis and the next step will be to accept the alternative hypothesis
d) It is not valid to compare the estimated t stat with the corresponding critical value because a random walk is non-stationary while the difference is stationary because it is white noise
Explanation:
a) stating the null and alternative hypothesis
H0: u = presence of a unit root
HA: u ≠ presence of a unit root ( i.e. stationary series )
b) performing the test
critical value = -2.88
T stat = coefficient / std error
= -0.02 / 0.31 = -0.064
c) From the test, the value of T stat > critical value we will reject the Null hypothesis hence the next step will be to accept the alternative hypothesis
d) It is not valid to compare the estimated t stat with the corresponding critical value because a random walk is non-stationary while the difference is stationary because it is white noise
Companies must disclose when they give products to online reviewers.
Question 15 options:
True
False
Answer:
True
Explanation:
In simple terms, whenever an individual works with brands to recommend or endorse a product you must disclose the partnership. You have to declare your relationship to the brand even if you are not being compensated.
Jennifer is saving up for the closing costs ($4250) and down payment on a home. For a better interest rate and savings on mortgage insurance, she must have a down payment of 10%. She can afford a monthly payment of $900 based on her current earnings and expenses. The amount available for the mortgage is reduced by an estimated $175 per month to cover home insurance and real estate taxes. The current nominal annual interest rate is 3% for a 30-year fixed-rate mortgage loan. How much of a loan can she afford
Answer:
The amount of Loan Jennifer can afford is $171,962.30.
Explanation:
This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:
PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)
Where;
PV = Present value or the amount of Loan Jennifer can afford =?
P = Monthly payment for the mortgage = Monthly amount she can afford - Estimated monthly home insurance and real estate taxes = $900 - $175 = $725
r = Monthly nominal interest rate = Annual nominal interest / 12 = 3% / 12 = 0.03 / 12 = 0.0025
n = number of months = Number of years * 12 = 30 * 12 = 360
Substitute the values into equation (1) to have:
PV = $725 * ((1 - (1 / (1 + 0.0025))^360) / 0.0025)
PV = $725 * 237.189381504283
PV = $171,962.30
Therefore, the amount of Loan Jennifer can afford is $171,962.30.
Someone from ____________ is most likely to answer the question "Who am I?" by saying, "I am a mother" or "I work for ABC Corporation."
Someone from [tex]\boxed{ Japan }[/tex] is most likely to answer the question "Who am I?" by saying, "I am a mother" or "I work for ABC Corporation."
[tex]\large\mathfrak{{\pmb{\underline{\orange{Mystique35 }}{\orange{ヅ}}}}}[/tex]
The retained earnings balance was $22,900 on January 1. Net income for the year was $18,100. If retained earnings had a credit balance of $23,800 after closing entries were made for the year, and if additional stock of $5,200 was issued during the year, what was the amount of dividends declared during the year
Answer:
$17,200
Explanation:
Calculation to determine what was the amount of dividends declared during the year
Beginning retained earnings + Net income - Dividends = Ending retained earnings.
$22,900 + $18,100 - Dividends = $23,800
Dividends=$41,000-$23,800
Dividends = $17,200
Therefore the amount of dividends declared during the year is $17,200
What type of companies engage in marketing?
Answer:
American Heart Association (AHA), Walmart, Procter & Gamble.
Explanation:
Fran’s Fries has budgeted sales for May, June and July at $500,000, $680,000 and $720,000, respectively. Sales are 80% cash and 20% on account. Assume sales on account are collected in the month following the sale. Compute cash receipts for June and July. Show your work here.
Answer:
Results are below
Explanation:
Giving the following information:
Sales are 80% cash and 20% on account.
Sales:
May= $500,000
June= $680,000
July= $720,000
Cash collection June:
Cash collection from May= (500,000*0.2)= 100,000
Cash collection June= (680,000*0.8)= 544,000
Cash collection June= $644,000
Cash collection July:
Cash collection from June= (680,000*0.2)= 136,000
Cash collection July= (720,000*0.8)= 576,000
Cash collection July= $712,000
how did you find the fv factor values
Answer:
v5th factor in solve......
Type your answer in the box.
For a population with u = 25 and = 5, we would expect 90% of all x's calculated from n = 35 to
fall between
and
(Round to two decimals.)
Do you know the answer?
D Read about this
I know it
Think so
Unsure
No idea
Answer:
Your answer is given below:
Explanation:
A Consumer Expenditure Survey in the city of Firestorm shows that people buy only firecrackers and bandages. A Consumer Expenditure Survey in 2019 shows that the average household spent $44 on firecrackers and $12 on bandages. In 2019, the reference base year, the price of a firecracker was $1, and the price of bandages was $3 a pack. In the current year, 2020, firecrackers are $6 each and bandages are $3 a pack.
Calculate the CPI in 2012 and the inflation rate in 2012.
Solution :
Base year : 2019
Expenditure on crackers : $44
Expenditure on bandages : $12
Price of a firecracker : $1
Price of bandages : $3 per pack
Number of crackers bought = [tex]$\frac{44}{1}$[/tex]
= 44
Number of bandages bought = [tex]$\frac{12}{3}$[/tex]
= 4
Total expenditure in 2019 = $44 + $12
= $56
Year 2020
Price of a firecracker = $6
Price of a bandage = $3
Expenditure on the crackers = $ 6 x 44
= $ 264
Expenditure on the bandages = $ 3 x 4
= $ 12
Total expenditure in 2020 = $ 264 + $ 12
= $ 276
CPI in the year 2020 (base year 2019) = [tex]$\frac{276}{56}\times 100$[/tex]
= 492.8
Inflation in 2020 (2019 base year = 100) = [tex]$\frac{492.8-100}{100 \times 100}$[/tex]
= 0.039
= 3.9%
So, CPI = 492.8
Inflation rate = 3.9%
What is the catch‑up effect concerning developed and developing countries? Developing countries never can catch up to developed countries. may grow faster than developed countries because they lack the most basic tools and capital investment leads to higher productivity growth. have greater productivity per unit of capital because they are better at developing new technologies. Developing countries have lower productivity per unit of capital because they are better at developing new technology.
Answer:
Developing countries may grow faster than developed countries because they lack the most basic tools and capital investment leads to higher productivity growth.
Explanation:
The catch‑up effect concerning developed and developing countries is that "Developing countries may grow faster than developed countries because they lack the most basic tools and capital investment leads to higher productivity growth."
This is based on the theory that the law of diminishing marginal returns will at some point occurred to the rate or level of investment at the national level, thereby leading to a slow-down effect on growth rates as the economy of a country matures.
Dotterel Corporation uses the variable cost concept of product pricing. Below is cost information for the production and sale of 35,000 units of its sole product. Dotterel desires a profit equal to a 11.2% rate of return on invested assets of $350,000. Fixed factory overhead cost $105,000 Fixed selling and administrative costs 35,000 Variable direct materials cost per unit 4.34 Variable direct labor cost per unit 5.18 Variable factory overhead cost per unit .98 Variable selling and administrative cost per unit .70 The markup percentage for the sale of the company's product is: Group of answer choices 14% 5.6% 45.71% 11.2%
Answer:
Dotterel Corporation
The markup percentage for the sale of the company's product is:
= 45.71%.
Explanation:
a) Data and Calculations:
Production and sales units = 35,000
Desired rate of return = 11.2%
Invested assets = $350,000
Desired profit = $39,200 ($350,000 * 11.2%)
Fixed factory overhead cost = $105,000
Fixed selling and administrative costs = $35,000
Total fixed costs = $140,000 ($105,000 + $35,000)
Variable direct materials cost per unit $4.34
Variable direct labor cost per unit 5.18
Variable factory overhead cost per unit 0.98
Variable selling and administrative cost per unit 0.70
Total variable costs per unit $11.20
Total variable costs = $392,000 ($11.20 * 35,000)
Contribution margin:
Fixed costs = $140,000
Desired profits 39,200
Total = $179,200
Markup = 45.71% ($179,200/$392,000 * 100)
Sales revenue = $571,000
Selling price per unit = $16.31
Amy is on the board of directors of Computers Plus. Computers Plus is looking for a warehouse to purchase. Amy owns a warehouse. In order for Amy to sell her warehouse to Computers Plus, a. the transaction must be fair to both Amy and Computers Plus. b. a court must review the opportunity to determine its favorability. c. she must resign her position on the board of directors of Computers Plus before any negotiations for the warehouse begin. d. the disinterested members of the board of directors must approve the transaction.
Answer:
Amy and Computers Plus
In order for Amy to sell her warehouse to Computers Plus,
d. the disinterested members of the board of directors must approve the transaction.
Explanation:
For the transaction between Amy and Computers Plus to take place, the principle of independence requires that only the disinterested members of the board of directors must approve it. These include other members of the Company's Board of Directors without any material financial interest in Amy's warehouse, with the exception of Amy.
Leasing is often referred to as off-balance-sheet financing because of the way that the transaction is treated and reported in financial statements. According to the FASB-issued Statement 13, which of the following statements is true?
A. Assets leased under financial or capital leases should be reported as fixed assets on the balance sheet.
B. Leased assets should be reported as current assets on the balance sheet.
C. The present value of all future lease payments should be reported as a liability on the balance sheet.
D. The present value of all past lease payments should be reported as assets on the balance sheet.
Consider the following statement on capital leases:
According to Statement 13, the payments on a financial lease should be treated as an operating expense and should not in any case affect a firm's true debt ratio. Is the preceding statement true or false?
a. True
b. False
To consider the financial statement effects of leasing versus purchasing an asset, review the following case of Shoe Building Inc.
Shoe Building Inc. needs equipment that will cost the company $800. Shoe Building Inc is considering to either purchase the equipment by borrowing $800 from a local bank or leasing the equipment. Assume that the lease will be structured as an operating lease. Some data from Shoe Building Inc.'s current balance sheet prior to the lease or purchase of the equipment are:_____.
1. The company's current debt ratio is _____.
2. If the company purchases the equipment by taking a loan, the total debt in the balance sheet will _____, and the debt ratio will change to _____.
3. If the company leases the equipment, the company's debt ratio will _____ because the lease is not capitalized.
4. In this case, the company's financial risk will be _____ under a lease agreement as compared to the financial risk in purchasing the equipment by taking a loan.
5. However, if the lease is capitalized, the financial risk under the lease agreement will be _____ as compared to the risk in buying the equipment.
Solution :
Part 1
a). According to the[tex]\text{ FASB-issued statement}[/tex] 13 :
The Assets that are leased under the capital leases or the financial should be reported as the fixed assets on balance sheet.
b). False, the payments on the financial lease should not be treated as the operating expense.
Part 2
1. The debt ratio = [tex]$\frac{2400}{6000} $[/tex]
= 0.40
2. The total debt in the balance sheet is 2400 + 800 = $ 3200 whereas debt ratio will change to 0.4706
3. Debt ratio of the company will remain same as the lease will not be capitalized.
4. The financial risk of the company will be less under the the lease agreement as compared [tex]\text{to the financial risk in purchasing the equipment }[/tex] by taking the loan.
5. However, when lease is capitalized, financial risk under lease agreement will remain same as [tex]\text{compared to the risk in buying the equipment.}[/tex]
Describe TWO ways in which the above law protects citizens against human
rights violations.
Answer:
1. Protection of Human Rights Act 1993: declares the rights pertaining to life, equality, liberty,and dignity of an individual that is guaranteed by the Constitution of India.
2. The Universal Declaration of Human Rights (UDHR)- declared by the United Nations General Assembly in the year 1948.
Explanation:
BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $117,000 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 0.6% and SUTA taxes are 2.9% of the first $7,000 paid to its employee. Compute BMX€™s amounts for each of these four taxes as applied to the employee€™s gross earnings for September under each of three separate situations (a), (b), and (c).
Gross pay through August Gross pay for September
a. 6400 800
b. 18,200 2100
c. 11700 8000
Answer:
Scenario Accumulated September FICA taxes FUTA / SUTA
gross pay gross pay 7.65% 3.5%
a. $6,400 $800 $61.20 $21
b. $18,200 $2,100 $160.65 $0
b. $11,700 $8,000 $611.20 $0
While digital marketing has generated exciting opportunities for companies to interact with their customers, digital media are also more consumer-driven than traditional media. Internet users are creating and reading consumer-generated content as never before and having a profound effect on marketing in the process. Two factors have sparked the rise of consumer-generated information. The first is the increased tendency of consumers to publish their own thoughts, opinions, and reviews. The second is product discussions through blogs or digital media and consumers' tendencies to trust other consumers over corporations. Consumers often rely on the recommendations of family, friends, and fellow consumers when making purchasing decisions. Marketers who know where online users are likely to express their thoughts and opinions can use these forums to interact with consumers, address problems, and promote their companies. Types of digital media in which Internet users are likely to participate include blogs, wikis, video sharing sites, podcasts, social networking sites, virtual reality sites, and mobile applications.
Match the correct website to the correct type of digital media.
a. Blogs
b. Video Sharing
c. Virtual Worlds
d. Social Networking
e. Wikis
f. Photo Sharing
g. Podcasting
Answer:
a. Blogs ⇒ Web-based Journals; Tu-mblr
b. Video Sharing ⇒ Video Sites; You-Tube.com
c. Virtual Worlds ⇒ Online Avatars; Second Life
d. Social Networking ⇒ Online Meeting Places; T-witter
e. Wikis ⇒ Edited Web Articles; Wik-ipedia.com
f. Photo Sharing ⇒ Photo Sites; Fl-ickr.com
g. Podcasting ⇒ Subscription Media Files; CBC Radio
Companies must disclose when they give products to online reviewers. rue or false
5) name 5 reasonable possibilities to earn money online.
write short notes on united nations with its diffrent functions
Answer:
can u explain more i ididnt understand
Explanation:
A municipal bond carries a coupon rate of 6.50% and is trading at par. What would be the equivalent taxable yield of this bond to a taxpayer in a 40% combined tax bracket? (Round your answer to 2 decimal places.)
Answer:
the equivalent taxable yield of this bond to a taxpayer in a 40% combined tax bracket is 10.83%
Explanation:
The computation of the equivalent taxable yield of this bond to a taxpayer in a 40% combined tax bracket is shown below:
equivalent taxable yield is
= 6.50% ÷ (1 - 0.40)
= 10.83%
Hence, the equivalent taxable yield of this bond to a taxpayer in a 40% combined tax bracket is 10.83%
Environment degradation does not consist of
Answer: None of the above
Explanation:
The options include:
A. Land degradation and soil erosion
(B) Problem of overgrazing and ecological degradation
(C) Floods
(D) None of the above
Environmental degradation simply refers to the deterioration of the environment whcih occurs when there's depletion of the resources like soil, water and air, pollution and the the destruction of habitats and ecosystems.
It should be noted that environmental degradation consist of land degradation and soil erosion, problem of overgrazing and ecological degradation, floods etc.
Therefore, the correct option is None of the above.
An emerging industry is an industry in which a large number of small or medium-sized firms operate and no small set of firms has a dominant market share or creates dominant technologies
a. True
b. False
Answer: False
Explanation:
In an emerging market, there are only a few firms as the product is new and so has not been copied extensively yet. As a result, only a small set of firms are dominant in the market.
As the market grows and firms see that there is profit to be made, they will come into the market and this will increase the number of firms and reduce the dominance of the earlier firms.
On April 30, 2009, Tilton Products purchased machinery for $88,000. The useful life of this machinery is estimated at 8 years, with an $8,000 residual value. Refer to the information above. Assume that in its financial statements, Tilton Products uses the 200%-declining-balance method and the half-year convention. Depreciation expense in 2009 and 2010 will be: Group of answer choices
Answer:
2009 $11,000
2010 $19,250
Explanation:
Calculation to determine what Depreciation expense in 2009 and 2010 will be:
2009 depreciation expense=$88,000 × 2/8
2009 depreciation expense = $22,000/2
2009 depreciation expense = $11,000
2010 depreciation expense= $77,000 × 2/8 2010 depreciation expense=$19,250
Therefore the Depreciation expense in 2009 and 2010 will be:
2009 $11,000
2010 $19,250
Which of the following is NOT one of the factors complicating the techniques for addressing the fixed-position layout?
A) The volume of materials needed is dynamic.
B) At different stages of a project, different materials are needed; therefore, different items become critical as the project develops.
C) Takt times at workstations are dynamic.
D) There is limited space at virtually all sites.
E) All of the above are complicating factors
Answer:
C) Takt times at workstations are dynamic.
Explanation:
A fixed-position layout can be regarded as a layout that allow products to stay in one place, and movement of workers and machinery can be moved to it once needed. Some of the Products that are not possible to move are airplanes, construction projects as well as ships. Fixed-position layout is usually used when dealing with product which are too large or heavy to move. Disadvantages is that it takes space, and administration burden is usually high. Factors that could complicate the techniques for addressing the fixed-position layout are;
✓There is limited space at virtually all sites.
✓The volume of materials needed is dynamic.
✓At different stages of a project, different materials are needed; therefore, different items become critical as the project develops.
Married taxpayers Otto and Ruth are both self-employed and file a joint return. Otto earns $435,200 of self-employment income and Ruth has a self-employment loss of $23,100. How much 0.9 percent Medicare tax for high-income taxpayers will Otto and Ruth have to pay with their 2020 income tax return?
Answer: $1,458.90
Explanation:
As they are filing together, the first step would be to find out the taxable income after accounting for Ruth's loss.
Total taxable income = Otto's earnings - Ruth's loss
= 435,200 - 23,100
= $412,100
There is an additional 0.9% Medicare tax on the amount that people file that is above $250,000 when they file jointly and are married..
The additional Medicare will be:
= (412,100 - 250,000) * 0.9%
= $1,458.90
During its most recent fiscal year, Dover, Inc. had total sales of $3,260,000. Contribution margin amounted to $1,530,000 and pretax income was $445,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year
Answer:
$1,730,000
Explanation:
Given that;
Total sales = $3,260,000
Contribution margin = $1,530,000
Pretax income = $445,000
We know that
Contribution margin = Total sales - variable cost
Fixing in the above values, we'll have
$1,530,000 = $3,260,000 - Variable cost
Variable cost = $3,260,000 - $1,530,000
Variable cost = $1,730,000
Danielle has loaned $500 to Richard at a 4% annual rate of interest for one year. If the inflation rate is constant at 7% for the entire term of the loan, how much purchasing power is lost after Richard repays the loan in full
Answer:
$15
Explanation:
In order to calculate the purchasing power lost the following formulae will be used:
Purchasing power lost = Loaned amount * (inflation rate - nominal rate)
Purchasing power lost = $500 * (0.07 - 0.04)
Purchasing power lost = $500 * 0.03
Purchasing power lost = $15
Hence, the purchasing power lost after Richard repays the loan in full is $15.