The firm's increased current assets and decreased current liabilities indicate an improvement in liquidity, signaling stronger financial health and better capability to meet short-term obligations.
Explanation:The question pertains to the analysis of a firm's common-size balance sheet alterations over a three-year period. The increase in current assets from 32 to 35 percent and the decrease in current liabilities from 29 to 25 percent imply that the firm has bolstered its liquidity.
This indicates the firm’s capability to cover short-term obligations with its short-term assets has improved. The business is potentially in a healthier financial position than in previous years. Increased liquidity may contribute to better stability and financial flexibility, offering a buffer against unforeseen expenses or economic downturns. By analyzing the annual report as detailed in the provided excerpts, students can comprehend the impact of these changes on the business operations and the firm's financial resilience.
Managers take broad strategic plans and turn them into operational blueprints with specific objectives and programs. The managers most involved with this activity are _________.a. top managersb. supervisorsc. middle managers
Answer:
c. middle managers
Explanation:
Middle managers -
The person in the business or organisation , who is responsible to manage the subordinate level of managers and then further reports to the manager in the organization or business , is referred to as the middle manager.
The work of a middle manager is supervise the employees , and allot them the work in and then report to the senior manager , in order to maintain a proper hierarchy in the business.
hence , from the given information of the question,
The correct term is middle manager.
Middle managers are the ones most involved in converting strategic plans into operational blueprints with specific objectives. They operate as a bridge between top-level management and supervisors, converting strategy into actionable tasks.
Explanation:Managers are indeed responsible for taking strategic plans and turning them into operational blueprints with specific objectives. The managers most involved in this particular process are middle managers.
Middle managers are essentially the bridge between top-level strategic thinkers and supervisors who ensure the day-to-day operations are carried out effectively. Their goal is to align the team's efforts with overall strategic objectives, thus transforming a broad strategy into concrete operational tasks.
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If a higher level of production allows workers to specialize in particular tasks, a firm will likely exhibit ________ of scale and ________ average total cost.a. economies, fallingb. economies, risingc. diseconomies, fallingd. diseconomies, rising
Answer:
a. economies, falling
Explanation:
If a higher level of production allows workers to specialize in particular tasks, a firm will likely exhibit economies of scale and falling average total cost.
Final answer:
Economies of scale lead to falling average total costs because specialization increases efficiency, allowing a firm to spread fixed costs over more units and potentially reduce variable costs.
Explanation:
When a firm increases its level of production and workers can specialize in particular tasks, this typically leads to a concept known as economies of scale. Economies of scale occur when more units of a good or service can be produced on a larger scale with fewer input costs. This happens because specialization allows for greater efficiency and productivity as workers become experts in their tasks, leading to a faster production process and fewer mistakes. As a result, the firm will likely exhibit economies of scale and consequently, falling average total cost. The reason average total costs fall is that the fixed costs are spread over more units of output and the variable costs may also decrease per unit due to increased efficiency in production.
Alpha Manufacturing has interest expense of $12 million, total assets of $184 million, sales of $176 million, long-term debt of $16.4 million, and net income of $15 million. How will interest expense be recorded in the common-size income statement?
Answer:
0.068
Explanation:
Common size income statement in which we divide all the items with it's revenue. So, interest is $12 M, and sales is $176 M.
Dividing 12/176= 0.068
That means the interest is 6.8% of revenue. Common size is used for comparison purpose. If let's say in next year interest become 15% of revenue then company would know that it's using more debt. It's also used for comparing with competitors.
In a university setting, each student is paired with another student for the purpose of getting assignments and turning in work for the other if he is out of school for any reason. This is a _____ relationship. Group of answer choices one-to-one binary one-to-many binary many-to-many binary one-to-one unary one-to-many unary
Answer:
one-to-one Unary
Explanation:
It is one-to-one binary relationship because one student is grouped with one student only. Unary because they have the same relationship in the university and share the same class and learning procedures.
In binary relationships there are various entities for example in this situation if the university or colleges were different then it would have been binary .
In the given question only one student is teamed up with one student therefore it is one to one not one to many.
A production possibilities curve shows:
A. that resources are unlimited.
B. that people prefer one of the goods more than the other.
C. the maximum amounts of two goods that can be produced assuming the full use of available resources.
D. combinations of capital and labor necessary to produce specific levels of output.
Answer:
C. the maximum amounts of two goods that can be produced assuming the full use of available resources.
Explanation:
Which of the following external groups uses accounting information to determine whether the company can pay its obligations?
A. Chief Financial Officer
B. Creditors
C. Investors in common stock
D. Marketing managers
Answer:
B. Creditors
Explanation:
External users of accounting information are people who are not within the organisation that makes use of accounting information. They include creditors, regulatory bodies, investors etc
Creditors are people who the orgonanion owes money. Creditors make use of accounting information to know if the company can pay the amount owed.
I hope my answer helps you
Final answer:
the correct answer is option b.Creditors are the external group that uses accounting information to assess a company's ability to pay its obligations, as they need to evaluate the credit risk and make lending decisions. Unlike stakeholders such as the CFO or marketing managers who use the information for internal strategic decisions, or investors who look for profit potential, creditors focus on the financial health to ensure debt repayments.
Explanation:
The group from the provided options that uses accounting information to determine whether the company can pay its obligations is B. Creditors. Creditors extend credit or loans to the company and are critically concerned about the company's ability to repay its debts, which is reflected through its financial health in the accounting records. As opposed to investors in common stock who are more focused on profitability and potential dividends, and the chief financial officer or other internal managers like marketing managers who use the information to make strategic decisions, creditors look at accounting information to assess credit risk and make lending decisions.
When a small company issues bonds or borrows money, it has the obligation to make periodic interest payments. This contrasts the scenario where a company issues stock, where they are not legally obligated to provide dividends to shareholders. Venture capitalists, on the other hand, are private investors who may have closer insight into the management decisions and strategy due to their significant investment and are thus able to keep closer tabs on the firm's performance.
As a firm grows and becomes more established, the necessity for investors to know the managers on a personal basis diminishes, because data regarding the company's operations and financial status become more readily accessible. This results in a greater willingness among external investors, like bondholders and shareholders, to invest as they can make more informed decisions based on widely available financial information.
Maynard Enterprises paid $1,328 in dividends and $969 in interest over the past year. The common stock account increased by $1,224 and retained earnings decreased by $333. What was the company's net income?
Answer:
$995
Explanation:
Net income comprises of the dividends declared and the retained earnings. Dividends and retained earning are obtained from a company's net income. In other words, net come is retained earning plus dividends declared.
Interest paid is an expense that is factored when computing the net income. The common stock account does not relate to the net income.
For Maryland enterprises, net income will be dividend declared plus the change in retained earnings.
i.e., net income =$1,328 +(-333)
=$1,328-333
=$995
As secretary of state, Hillary Clinton wanted to change the behavior of nations. Her bid for president of the United States in 2016 was based in part on her desire to lead others.
Answer:
Power
Explanation: Hillary Clinton was the former secretary of State in United States of America, she was born October 24,1947. She is a diplomat,lawyer, politician and wife of the former president Bill Clinton. During her days as the first lady of the United States of America she worked and advocate for the health of the ordinary people through seeking health reforms.in 2006, she wanted to become the president of the United States of America and lead other countries and nations with Power.
Answer:
Motivated by her need for Power
Explanation:
David McClelland made the term "need for power" popular in 1961. Based on Henry Murray's human need, the need for power or nPow describes a person's need or drive to be in charge be it personally or socially. This need then becomes a motivation for the things such persons do.
The need for power could either be a desire to lead or control others either to achieve a greater good in the society or to achieve a personal desire.
Hillary Clinton's wanted to change the behaviour of nations and this could be the desire to lead others for the greater good bu she also had the desire to lead others and that is also a part of the need for power.
The weighting of the factors that search engines use to decide which URLs appear first on searches for a particular search term is called data indexing.A. TrueB. False
Answer:
False
Explanation:
Data indexing involves storing data in such a way that it can be easily retrieved when needed.
When a search engine indexes and stores data, such data is then made available on a search engine results page when a user searches for a particular term on the search engine.
However, data indexing does NOT rank how URLs appear on user searches.
__________ conflict management norms resolve conflict openly, whereas __________ conflict management norms tend to avoid addressing conflict
Answer:
_active_conflict management norms resolve conflict openly, whereas _passive_ conflict management norms tend to avoid addressing conflict
Marketing by a service firm to effectively train and motivate its customer-contact employees and all the supporting service people to work as a team to provide customer satisfaction is called ___________________ marketing.
Answer:
Internal
Explanation:
As the name implies, internal marketing is one in which a service firm trains employees in a product's company and its customers' contact to ensure maximum customer satisfaction. Internal marketing means that every member of staff is involved in marketing and not just the marketing department of the firm.
Cheers.
Graphically illustrate her total, marginal and average product curves as well as her marginal and average variable cost curves. Show where the inflection point lies, where production is maximized and what number of workers corresponds to the highest average and marginal product as well as the lowest average variable and marginal cost.TPL - Total Product LaborMPL - Marginal Product LaborAPL - Average Product LaborFC - Fixed CostVC - Variable CostTC - Total CostAFC - Average Fixed CostAVC - Average Variable CostATC - Average Total CostMC - Marginal Cost
Inflection point at 4 workers, production maximized at 8 workers, highest average product at 2 workers and marginal product at 3 workers, lowest average variable cost at 4 workers and marginal cost at 3 workers.
The total product curve (TP) starts off increasing at an increasing rate, but eventually starts to increase at a decreasing rate. This is because of diminishing marginal returns. The marginal product curve (MP) shows the change in total product as the number of workers increases. The MP curve reaches its peak at 3 workers, which means that this is the point at which adding one more worker will increase total product by the greatest amount. The average product curve (AP) shows the average output per worker. The AP curve reaches its peak at 2 workers, which means that this is the point at which the average worker is most productive.
The marginal cost curve (MC) shows the change in total cost as the number of workers increases. The MC curve intersects the average variable cost curve (AVC) at the minimum point of the AVC curve. This is the point at which the firm is producing at the lowest possible average variable cost.
The inflection point is the point on the TP curve where the curve changes from concave up to concave down. This is the point at which the MP curve crosses the x-axis. In this case, the inflection point is at 4 workers.
Production is maximized at the point where the MP curve is equal to zero. In this case, production is maximized at 8 workers.
The highest average product is achieved at 2 workers. The highest marginal product is achieved at 3 workers. The lowest average variable cost is achieved at 4 workers. The lowest marginal cost is achieved at 3 workers.
Complete question :-
Graphically illustrate her total, marginal and average product curves as well as her marginal and average variable cost curves. Show where the inflection point lies, where production is maximized and what number of workers corresponds to the highest average and marginal product as well as the lowest average variable and marginal cost.TPL - Total Product LaborMPL - Marginal Product LaborAPL - Average Product LaborFC - Fixed CostVC - Variable CostTC - Total CostAFC - Average Fixed CostAVC - Average Variable CostATC - Average Total CostMC - Marginal Cost
A decision-making process that compares how much time and effort would be invested in providing assistance to the perceived rewards or outcomes of that action is called a(n) _________.
Answer:
The correct answer to the following question will be "Cost-benefit analysis".
Explanation:
The cost-benefit analysis also referred to as Benefit-cost analysis, is a strategic approach to evaluating the weaknesses and strengths of approaches used only to define solutions that provide the best strategy for generating advantages while retaining costs.
This can be used to assess implemented or future actions or to measure the benefit of decision, initiative or program costs.
Therefore, this will be the right answer.
A decision-making process that compares how much time and effort would be invested in providing assistance to the perceived rewards or outcomes of that action is called a cost-benefit analysis.
A decision-making process is known to be different kind of steps taken by an individual to know the best option or course of action to meet their needs.
People often seek information about different possible decisions and their likely effect. they study the alternatives and choose one of them and thereafter implement the decision in business operations.
A cost-benefit analysis is known to be a systematic method that businesses use to look into which decisions to make and which to forgo.
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Honda Motor Company is considering offering a $ 2 comma 000 rebate on its minivan, lowering the vehicle's price from $ 30 comma 000 to $ 28 comma 000. The marketing group estimates that this rebate will increase sales over the next year from 40 comma 000 to 55 comma 000 vehicles. Suppose Honda's profit margin with the rebate is $ 6 comma 000 per vehicle. If the change in sales is the only consequence of this decision, what are its costs and benefits? Is it a good idea? Hint: View this question in terms of incremental profits.
Answer:
It is a good idea
Explanation:
Without the rebate, the annual revenue to the company given a price of $30,000 and a volume of 40,000 vehicles
= 30,000 * 40,000 = $1,2 billion.
However, with the rebate, total annual revenue given a price of $28,000 and a volume of 55,000 vehicles, would be
= $28,000 * 55,000 = $1.54 billion.
Thus, the rebate results in a $340 million increase in revenue, and it is therefore a good idea.
The likely costs of the rebate may be a necessary increase in man hours and the attendance increase in labour cost as more workers are needed to produce the increased volume. Other direct costs of production may increase too.
The likely benefit, apart from the increase revenue identified above, is the likely increase in market share for the company.
Andrew is the prom committee chairman. He is on-site at the prom to make sure all vendors show up at the event and all vendors' activities are falling within the scope of work contracted. Which process stage is Andrew in?
a .Initiating
b. executing
c. monitoring and controlling
d. closing
Answer: The correct answer is "b. executing".
Explanation: Andrew is in the "executing" proccess stage.
In the execution phase Andrew must ensure that all the services contracted for the development of the activities fulfill their function and have the quality required to meet the needs and meet the contracted level.
The accountant for Eric's Plumbing Equipment Company recently made a journal entry consisting of a debit to Work in Process and a credit to Raw Materials Inventory. This entry recorded:
Answer:
The use of raw material in the production process
Explanation:
The journal entry for recording the raw material used for the production process is shown below:
Work in Process Inventory A/c Dr XXXXX
To Raw Materials Inventory A/c XXXXX
(Being the raw material used for the production process is recorded)
For recording this transaction, we debited the Work in Process inventory account and credited the Raw Materials Inventory account
What company has always promptly removed any content at the request of corporate copyright owners, but it has also pursued extensive revenue-sharing projects with those same companies.
Answer:
Youtuuube, or Alphabet to be more precise.
Explanation:
Youtuuube is constantly under fire for copyright infringement, you can find movies, TV series, sitcoms, cartoons, music, etc., on Youtuuube, but if the copyright holder requests that the content is removed, they will do it fast. On the other hand, Youtuuube is not necessarily a business partner for many copyright holders, but they cannot live without it.
Remember how powerful Howard Stern was on New York's radios, and how the singers or groups had to comply with his extravagant demands in order to included in his show? Youtuuube would be somewhat of a polite and well educated Howard Stern. Studios and record companies do not like Youtuuube, but they cannot survive without it either.
Companies E and P each reported the same earnings per share (EPS), but Company E's stock trades at a higher price. Which of the following statements is CORRECT? a. Company E probably has fewer growth opportunities. b. Company E trades at a higher P/E ratio. c. Company E is probably judged by investors to be riskier. d. Company E must pay a lower dividend. e. Company E must have a higher market-to-book ratio.
Answer:
Company E trades at a higher P/E ratio (b)
Explanation:
P/E ratio is the price you must pay per unit of current earnings which is based on the investor's future expectation of the market.
It shows the relationship between a company’s stock price and earnings per share (EPS).
A company with higher P/E ratio will sell its share more expensively than the one with lower P/E ratio.
In the circular flow model _______.
a. goods markets provide for the transfer of money and labor markets provide for the transfer of inputs.
b. resource markets provide for the goods and services and product markets provide for the exchange of exchange of labor.
c. labor markets provide for the transfer of money and goods markets provide for the transfer of inputs.
d. resource markets provide for the exchange of labor and product markets provide for the exchange of goods and services.
Answer:
In the circular flow model, goods markets provide for the transfer of money and labor markets provide for the transfer of inputs.
Explanation:
The liquidity of money in goods markets is kept unhindered by the flow of goods, as a result of which, the transfer of money keeps happening. On the other hand, the labor markets function as the source of necessary input that is required for the business to keep running. When both these markets work in synchronous, there is a circular flow of entities within the market.__________are outflows or other using up of assets or incurrences of liabilities during a period from delivering or producing goods, rendering services or other activities that constitute the entity’s ongoing major or central operations.
Answer:
Expenses
Explanation:
An expense is the cost of an asset used in order to generate revenue, therefore, to create sales (the central operation of a company). This cost is not a monetary measure because an expense is when an asset is used up.
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Which of the following terms describes making false statements about the financial condition of any insurer that are intended to injure any person engaged in the business of insurance?
Answer:
The answer to this question is Defamation
Explanation:
Defamation refers to any statement (Whether written or verbal) that is untrue and injurious to any of the parties involved in the insurance business.
A statement is said to be a Defamatory statement if it is false especially regarding the financial condition of the insurer.
Identifying defamatory statement
Statements must be untrue it must be capable of causing damage of injury to person or business.Your friend hopes to expand her business to multiple locations. It would be best for her to create a1. limited liability company.2. sole proprietorship.3. corporation.4. partnership.
Answer:
3. Corporation
Explanation:
In a corporation form of business, the corporation is viewed as a separate legal entity and a corporation can have many divisions and branches which means it's geographical reach is better than any other forms of business such as proprietorship or partnership.
A Corporation also has better access to raising funds and it's capital is divided into stocks.
Apart from above, the taxation process for a corporation also differs from other forms
Thus, for someone who desires to expand business and reach out to more customers spread over different geographical locations, corporation form of business is recommended.
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Create a balance sheet for the opening day of your company in the format below. Use your best estimates, but it doesn't have to be exact. Keep the section headings (Assets, Liabilities, and so on), but replace the specific information with your company's information. (4.0 points)
Answer:
See explanation section below
Explanation:
A balance should like the following format (Using hypothetical data)
"XXX" Company < The name of your company
Balance Sheet
As of December 31, 2019 < It should be the opening day of 2020 of your company
Assets
Current Assets
Cash XXXXX
Accounts Receivable XXXX
Supplies XXXX
Inventory XXXX
Prepaid expenses XXX
Accrued revenues XXX
Total current assets (Add cash to accrued revenues to get total current assets)
Non-current assets (Fixed assets)
Tangible assets (Equipment, building, land, and machine)
Less: Accumulated depreciation - tangible assets
Intangible assets (Goodwill and patent)
Less: Impairment
Total Non-current assets (Fixed assets)
Total assets (Add total current assets and non-current assets)
Liabilities and Stockholders' equity
Current liabilities
Accounts payable
Unearned revenue
Bank Overdraft
Accrued expenses
Salaries/wages/interest payable
Total current liabilities
Long-term liabilities (Notes payable, bonds payable)
Total liabilities
Stockholders' equity
Common stock
Retained earnings
Total stockholders' equity
Total Liabilities and Stockholders' equity
This is how we can build up a balance sheet
A vacant lot acquired for $333,000 is sold for $642,500 in cash. What is the effect of the sale on the total amount of the seller's (1) assets, (2) liabilities, and (3) stockholders' equity?
Answer:
assets = $309500
liabilities = 0
stockholders' equity =$309500
Explanation:
given data
acquired for = $333,000
sold = $642,500
solution
we get here effect of the sale on the total amount
when assets is decrease then cash and retaining will increase
so here
(1) assets effect is increase than amount will be $642,500
- $333,000 = $309500
(2) liabilities is no change so amount = 0
(3) stockholders' equity is increase than amount will be $642,500
- $333,000 = $309500
Which statement best describes why it is difficult to sell a home during a recession?
a.) Mortgage rates are high.
b.) Demand greatly decreases.
c.)Mortgages become unavailable.
d.) Housing prices increase.
Answer:
Option b: Demand greatly decreases.
Explanation:
Due to the economic decline, trade and industrial activities suffer significantly. Consequently, people gets afraid to make big investments until the situation stabilizes. Hence, buyers only agree to buying houses if they are getting a very good price quote. In other words, unless the seller reduces the selling price by a significant margin, people are not willing to make the purchase, therefore the demand decreases.
Please describe how local agriculture and consumption of locally produced item helps develop sustainability in the local community from an environmental and economic standpoint.
Local agriculture and the consumption of locally produced items contribute significantly to environmental and economic sustainability by reducing transportation costs, supporting local economies, and promoting sustainable land management and agroecology practices.
Local Agriculture and Sustainability
Consumption of locally produced items and local agriculture play a crucial role in developing sustainability within local communities. By focusing on local food production and regional supply chains, communities can reduce the environmental impact of long-distance transportation, thus saving energy and reducing greenhouse gas emissions. Urban farming and community gardens allow for the production of food in close proximity to where it's consumed, which not only supports the local economy but also fosters a connection between people and the natural processes that provide their food.
Economic sustainability is also bolstered through the support of local farmers, which can stimulate local economies. Sustainable land management on smallholder farms increases production levels and stability, benefiting the poorest half of a population significantly. Moreover, local and organic food offerings at places like farmers' markets generate consumer demand for sustainable agriculture, which is essential for the long-term viability of the agricultural sector and global food security. As communities rely less on imported food, they contribute to a more resilient and self-sufficient society.
Through the customer experiences of its products, hotels, theme parks, and other packaged value items, Disney has been quite successful in meeting customer expectations and creating high ________________.
Answer:
Options Include:
A. customer engagement
B. customer-perceived value
C. customer satisfaction Correct
D. customer lifetime value
E. customer demand
Explanation:
Customer satisfaction is centered on both the consumer's assessment regarding the performance of the product compared to the standards of a consumer.
If the efficiency of the product falls short of expectations the customer is unhappy. The customer is happy if the result meets or exceeds expectations.
Think about a country where most economic production results in loud construction noise that gives people headaches. What would be the trade-off if the bad result (loud construction noise) were reduced?
Answer:
Lower incomes
Explanation:
The nations income is generated from production activities that requires a lot of noise, this means forcing corporations to reduce their noise means stopping some of them from production activities, which will all things being equal reduce national income, therefore the trade-off that will result from stopping the noise pollution will be the income that will be forgone from the production activities.
Reducing the loud construction noise in a country would alleviate discomfort, but it may also decrease productivity and economic growth due to increased construction costs and potential project delays.
Explanation:When considering a country where most economic production results in loud construction noise that gives people headaches, the trade-off if the bad result (loud construction noise) were reduced would be a decrease in productivity and economic growth in the country. While reducing the noise would alleviate the discomfort and headaches for the people, it would also entail implementing measures that could potentially slow down or limit construction activities.
For example, noise reduction measures such as using quieter equipment or implementing soundproofing measures would likely increase construction costs and possibly slow down the pace of construction projects. This could result in delays in completing infrastructure projects, hinder economic growth, and potentially impact job opportunities and the overall development of the country.
A client with a hip fracture is returning to the orthopedic unit, and the orders indicate that the client should be turned by logrolling. Which statement regarding logrolling is correct?
Answer:Use a draw sheet or a friction reducing sheet to facilitate smooth movement
Explanation: LOGROLLING is a term used in the field of Medical surgery,where a patient who has a fracture and has the fracture,it is used to ensure that the patient does not feel a lot of discomfort or further pains or injuries when you want to move the patient. This process usually involves two or more persons for it to be very effective. During the LOGROLLING process the patient is moved with support given by the persons available holding the person's head to Prevent movements and the arms by the side or crossed to prevent movement till the desired position is reached,during this process a draw sheet or friction reducing sheet can be beneficial.
ABC Inc. company, founded by three women who met in college, has recruited talented people since its inception. It now employs approximately 350 people. Once a month a meeting is held where anyone can present new ideas to management. Coming out of these meetings, presenters have 30 days to work on a proof of concept or prototype, after which management makes a decision to pursue an idea company-wide or drop it. If an idea is selected, the individual(s) who presented the ideas receive a cash bonus. Based on this information, what kind of company is ABC Inc.?
Final answer:
ABC Inc. is an innovative, progressive company with a culture that encourages and rewards employee contributions and new ideas.
Explanation:
Based on the information provided, ABC Inc. appears to be a progressive and innovative company that values creative thinking and participation from its employees. With a strong focus on collaboration and employee engagement, it adopts a model where new ideas are encouraged and rewarded. The practice of holding monthly meetings for idea pitches, followed by a supportive process for proof of concept development, suggests that ABC Inc. aligns with a modern, employee-centric corporate culture that fosters innovation and may be structured around a flat or matrix organizational model.