Answer:
The correct answer is letter "A", "C", and "E": continuous improvement; just-in-time manufacturing; total quality management
Explanation:
Lean practices involve several activities companies can engage to reduce inefficiency at work. Organizations achieved this by eliminating wasteful practices among employees to improve the output quality and keep consumers preference, thus making a profit. That improvement must be continuous and imply managers will seek constantly perfection.
For instance, manufacturing companies can eliminate waste by keeping tight deadlines and delivering their products just in the time the suppliers or final consumers expect.
On September 1, Horton purchased $13,300 of inventory items on credit with the terms 1/15, net 30, FOB destination. Freight charges were $280. Payment for the purchase was made on September 18. Assuming Horton uses the perpetual inventory system and the net method of accounting for purchase discounts, what amount is recorded as inventory from this purchase?
a. $13,580
b. $13,300
c. $13,167
d. $13,447
Answer:
correct option is c. $13,167
Explanation:
given data
purchased = $13,300
terms = 1/15, net 30
Freight charges = $280
solution
we get here amount that is record as inventory by purchase as
amount record as inventory by purchase = purchased × ( 1 - 0.01)
amount record as inventory by purchase = $13300 × ( 1 - 0.01)
amount record as inventory by purchase = $13300 × 0.99
amount record as inventory by purchase = $13,167
so correct option is c. $13,167
Certain trends in the recent past have changed the way that businesses are managed and controlled. Four important recent business trends have been: increased transparency, globalization, increased use of information technology, and renewed focus on corporate governance. Which of the following best exemplifies the trend toward the increased use of information technology?
a. High-tech companies have research labs, development centers, and call centers in emerging markets like China and India. These markets give them the benefit of cost-effective services, a qualified workforce, and competitive pricing.
b. Companies are benefiting from e-commerce by buying and selling their products and services to consumers online.
c. Steps have been taken to enhance the interaction between shareholders and company managers so that managers work toward achieving the primary goal: maximize shareholder wealth.
Answer:
b. Companies are benefiting from e-commerce by buying and selling their products and services to consumers online.
Explanation:
This is the example that shows the pure application of IT in business. E-commerce platforms are something every business that has an online presence has in common. Although businesses can differ by industry or niche, e-commerce is a common information technology trend.
The A. answer may indicate that it is IT related, but it is actually more related to globalization and outsourcing.
Consider the following scenario where marginal social benefit equals marginal social cost at a quantity of 20 and a price of $50; and, the marginal private cost equals the marginal private benefit at a quantity of 30 and a price of $70. The government will offer a ___________ to achieve market equilibrium.
The government will offer a $20 as tax to achieve market equilibrium.
Explanation:
Socially optimum point occurs at that level of production which is the best point of production. There is optimum utilization of resources at that this point of production.
At the situation, when Private marginal cost is equal to the private marginal benefit, it occurs at a point which is above the socially optimum point. This means that at this level there is exploitation of resources. So the government should encourage the reduction in the level of production. For this it should impose tax on the production equal to the amount of $70-$50 = $20.
Your salary was $32,000 in 2014. It increased to $35,000 in 2015. What was the percentage increase in your salary from 2014 to 2015?
The percentage increase in salary from 2014 to 2015 can be calculated using the formula (New Value - Old Value) / Old Value * 100%. Plugging in the provided values, the percentage increase is found to be 9.375%.
Explanation:The subject of this question is the percentage increase in a numerical value. Specifically, you had a salary of $32,000 in 2014, and it rose to $35,000 in 2015. You're asked to find the percentage increase in your salary from 2014 to 2015.
The formula for finding the percentage increase is: (New Value - Old Value) / Old Value * 100%.
In this case, the Old Value is $32,000, and the New Value is $35,000.
So, the calculation will be: ($35,000 - $32,000) / $32,000 * 100% = 9.375%.
So, the percentage increase in your salary from 2014 to 2015 was 9.375%.
Learn more about percentage increase here:https://brainly.com/question/33932701
#SPJ3
The company changed its inventory method to FIFO from weighted-average, which had been used in prior years.
Answer:The Fifo method of stock Pricing is more efficient because it show the current market which do give room to rigor of determining unrealized profits.
Explanation:The First in,First out method has proven to be an effective method by revealing the actual cost of the material and represent the historical cost.The use of this system helps to avoid waste by issuing old stocks first.Its also a good representation of a sound storekeeping practice which increases profits during inflation.
what happened to the production possibility frontier during the great depression
Answer:The curve of production possibility frontier moved to left and inward
Explanation:
The production possibility frontier is a curve showing various combinations of the maximum production volumes of several goods (goods or services) that can be created in full employment conditions using all available resources in the economy.
Different release combinations reflect different uses of limited resources. For example, labor can be used in the production of various goods. The use of a unit of labor in the production of one good leads to the impossibility of its use in the production of any other good. Therefore, an increase in output in one sector of the economy leads to opportunity costs in the form of a decrease in output in another sector. In different sectors of the economy, resources can be used with different efficiency, therefore, the curve of production opportunities reflects a complex nonlinear relationship between different combinations of output. The intensity of resource use depends on the presence of other factors of production. The issue is also influenced by the law of diminishing marginal returns: with an increase in a resource and an unchanged number of other resources, the marginal return will decrease.
Changes in production possibility frontier curve are the result of some cases. The main idea is that this curve changes everything that leads to an increase or decrease in economic output. The goal of any economy is to achieve growth by increasing the volume of goods and services that consumers require. Given the scarcity of resources, the production possibility frontier curve has limitations as well. When the economy grows and everything stays stable, the economy can produce more and more, resulting in a change in the production which will move outward and to the right. Of course, if the economy shrank or collapsed or in depression or recession, the curve would shift to the left. The output increases when the curve goes outward or to the right. When the curve shifts inward or left, it shows a decrease in output.
an example of participation in market research by the technical integrated product team memner
Final answer:
Technical integrated product team members participate in market research by organizing product meetings, conducting live demonstrations, and consulting with subject matter experts. They ensure product viability through experimentation and testing, while also engaging with practitioners for comprehensive technological assessments.
Explanation:
An example of participation in market research by the technical integrated product team member could include several activities to ascertain the viability, effectiveness, and market potential of a new product. One such activity is organizing product meetings during the development cycle, where team members discuss ongoing research, design strategies, and assess potential hurdles in the development path.
Another key activity is staging live demonstrations of the product to gather feedback from potential users or clients. This hands-on methodology offers immediate insights into user experience and can contribute significantly to product improvement before release.
Technical team members should also engage in familiarity with prior research to build upon existing knowledge and avoid redundant efforts. Similarly, consulting with subject matter experts is crucial for ensuring that the product is technically sound and relevant to the target market. This includes a robust review process where technical writers' work is evaluated for accuracy.
Furthermore, when feasible, conducting experimentation, testing, and potentially clinical trials, provides empirical evidence of the product's efficacy and safety, whereas replication studies can help validate the findings and reinforce the product's reliability.
Finally, technical team members might engage with their peers and practitioners to amass data demonstrating prior successful applications or similar technological solutions. This collaboration can lead to a comprehensive and quantitative assessment of the technology and its impact, supporting informed decision-making and more efficient allocation of resources in product development.
An analyst selects a model as a champion because it shows better model fit than a competing model with more predictors. Which statistic justifies this rationale?
Answer:
The correct answer is: The Akaike information criterion (AIC).
Explanation:
Named after Japanese mathematic Hirotugu Akaike (1927-2009), the Akaike Information Criterion (AIC) is a relative quality statistical model that estimates the quality of a model based on the quality of others based on the amount of information the model losses: the lesser, the higher quality.
Bonka Toys is planning to buy a robot costing $75,000.
After 5 years its salvage value will be $18,000.
An overhaul costing $10,000 will be needed in Year 3.
Operations and Maintenance costs will be $2000 per year.
What is the cash flow stream for using this robot?
The cash flow stream for using the robot is -$75,000, $2,000, $2,000, -$10,000, $2,000, $2,000, $2,000, $18,000. The cash flow stream is -$75,000 (Year 0), -$2,000 (Year 1), -$2,000 (Year 2), -$12,000 (Year 3), -$2,000 (Year 4), and $16,000 (Year 5).
Explanation:Using the given information, we can calculate the cash flow stream for using the robot. The initial cost of the robot is $75,000, and after 5 years, it will have a salvage value of $18,000. Additionally, an overhaul costing $10,000 will be needed in Year 3, and there will be operations and maintenance costs of $2,000 per year. Therefore, the cash flow stream for using the robot can be calculated as follows:
-$75,000 (initial cost)$2,000 (Year 1 operations and maintenance costs)$2,000 (Year 2 operations and maintenance costs)-$10,000 (overhaul cost in Year 3)$2,000 (Year 3 operations and maintenance costs)$2,000 (Year 4 operations and maintenance costs)$2,000 (Year 5 operations and maintenance costs)$18,000 (salvage value after 5 years)So the cash flow stream for using the robot is: -$75,000, $2,000, $2,000, -$10,000, $2,000, $2,000, $2,000, $18,000.
Learn more about Calculating Cash Flow Stream here:https://brainly.com/question/33609364
#SPJ3
A Devil Team is a team that does not simply agree on what you say, but rather critique your ideas in order to create something better.
True or false?
Answer:
The statement is: True.
Explanation:
In management, devil teams are those composed of individuals who tend to have a critical way of thinking about ideas or methods of working proposed. Their objective is not to play the role of antagonists but to expose possible weak points on what is being proposed to them to improve it.
DuPont Equation: The Rangoon Timber Company has the following ratios:
Net sales/Total assets = 2.23; ROA = 9.69%; ROE = 16.4%
What are Rangoon’s profit margin and debt ratios?
Answer:
4.35 % ; 0.41
Explanation:
Given
(sales ÷ total assets) = 2.23
ROA = 9.69%
ROE = 16.4%
ROA = Net income ÷ total assets
= [(Net income ÷ net sales) ÷ (net sales ÷ total assets)]
(Net income ÷ net sales) = [ROA ÷ (net sales ÷ total assets) ]
= 0.969 ÷ 2.23
= 0.0435
Net profit margin = net income ÷ net sales
= 0.0435
= 4.35 %
ROE = net income ÷ total equity
ROE = (net income ÷ net sales) × (net sales ÷ total assets) × (total assets ÷ total equity)
(Total assets ÷ total equity) = ROE ÷ [(net income ÷ net sales) × (net sales ÷ total assets)]
= 0.164 ÷ (0.0435 × 2.23)
= 0.164 ÷ 0.097
= 1.69
Equity multiplier = total assets ÷ total equity
Equity multiplier = ROE ÷ ROA
= 0.164 ÷ 0.0969
= 1.69
Equity multiplier = 1 + debt-to-equity ratio
Debt-to-equity ratio = equity multiplier - 1
= 1.69 - 1
= 0.69
Total debt ratio:
= debt-to-equity ratio ÷ (1+debt-to-equity ratio)
= 0.69 ÷ (1+ 0.69)
= 0.41
Chong Corporation recently prepared a manufacturing cost budget for an output of 50,000 units, as follows: Direct materials $100,000 Direct labor 50,000 Variable overhead 75,000 Fixed overhead 100,000 Actual units produced amounted to 60,000. Actual costs incurred were: direct materials, $110,000; direct labor, $60,000; variable overhead, $100,000; and fixed overhead, $97,000. If Chong evaluated performance by the use of a flexible budget, a performance report would reveal a total variance of:
Answer:
The variance for Chong Corporation is 3000 favorable using the Flexible Budget.
Explanation:
The flexible budget is calculated by multiplying per unit variable cost to actual units produced.
Per unit cost Actual units Total $
Direct Material $2 ($100,000/50,000) 60,000 120,000
Direct Labor $1($50,000/50,000) 60,000 60,000
Variable Overheads $1.5 ($75,000/50,000) 60,000 90,000
Fixed Overhead (Note1) 100,000
Total 370,000
Note1 : Budget Fixed overhead is $100,000 which will remain same in the Flexible Budget. The budgeted fixed cost is subtracted from Actual Fixed overhead to find out the difference, which is $3000 ($100,000-$97,000).
The total actual expense is $367,000 which is calculated by adding all the actual Direct Material, Direct Labor, Variable Overhead, and Fixed Overhead.
The difference between Flexible Budget total and Actual Expense Total shows the Total Variance of $3000 ($370,000 – $367,000) Favorable.
The total variance, which is the sum of the variances of direct materials, direct labor, variable overhead, and fixed overhead, for Chong Corporation is $42,000 unfavorable.
Explanation:Firstly, a variance is the difference between a budgeted, planned, or standard cost and the actual amount incurred/sold. Hence, a positive variance means actual costs are less than the standard or budgeted costs and vice versa. In this case, Chong Corporation needs to determine the total variance. The total variance for Chong Corporation will be calculated by summing up the variances of direct materials, direct labor, variable overhead, and fixed overhead.
The variances are computed as follows:
Direct materials: $110,000 (actual) - $100,000 (planned) = $10,000 unfavorableDirect labor: $60,000 (actual) - $50,000 (planned) = $10,000 unfavorableVariable overhead: $100,000 (actual) - $75,000 (planned) = $25,000 unfavorableFixed overhead: $97,000 (actual) - $100,000 (planned) = $3,000 favorableThe total variance would then be the sum of individual variances, therefore the answer is $42,000 unfavorable (= $10,000 + $10,000 + $25,000 - $3,000).
Learn more about Variance Analysis here:https://brainly.com/question/31491539
#SPJ3
uppose you bought a 20-year, $1,000 face-value bond for par 5 years ago. The annual coupon rate on this bond is 8.5% and interest payments are paid annually. If returns required by bond holders are now 1.5% higher than they were 5 years ago, then how much of a decrease have you experienced in the price of your bond
Answer:
Explanation:
Face Value=1000
Remaining term=15years
coupon rate=8.5% =YTM
purchased 5 years ago
Purchase price=1000
Current required rate of return=8.5%+1.5%=10%
Current price of bond = Coupon amount*PVIFA(RR,N)+Maturity value*PVIF(RR;N)=1000*8.5%*PVIFA(10%;15)+1000*PVIF(10%;15)=85*7.6061+1000*0.2394=885.9185
Decrease in the bond=1000-885.9185=114.0815
Calculate the net income earned during the year. Assume that the change to stockholder's equity results only from net income earned during the year.
Balance Jan. 1, 2019
Asset: $50,000
Liabilities: $40,000
Balance Dec 31, 2019
Assets: $35,000
Liabilities: $20,000
Answer:
The net income earned during the year is $ 5,000
Explanation:
The first point to kn ow is the accounting equation is A=L+SE
So to calculate the opening stockholders equity we can rearrange the accounting equation to be:
A-L = SE
so opening SE is
Assets $ 50,000 - Liabilities $ 40,000 = Stockholders Equity $ 10,000
Ending Stockholders equity is:
Assets $ 35,000 - Liabilities $ 20,000 = Stockholders Equity $ 15,000
Since the question mentions that the change in stockholders equity is only due to net income, the increase of $ 5,000 represents the net income for 2019.
Fitness Fanatics is a regional chain of health clubs. The managers of the clubs, who have authority to make investments as needed, are evaluated based largely on return on investment (ROI). The company's Springfield Club reported the following results for the past year: Sales $ 850,000 Net operating income $ 25,500 Average operating assets $ 100,000 The following questions are to be considered independently.
Assume that the manager of the club is able to reduce expenses by $3,400 without any change in sales or average operating assets. What would be the club’s return on investment (ROI)?
Answer:
Old ROI = 25.5%
New ROI = 28.9%
Explanation:
Current ROI = Net operating Income/Average Operating Assets
= ($ 25,500 /$ 100,000) *100%
= 25.5%
Assume manager of the club reduce expenses by $3,400 and variables remained unchanged.
New Net Operating Income = $25,500 + $3,400
= $28,900
Hence, New ROI = ($28,900/100,000) *100%
=28.9%
On December 31, 2021, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue $ 78,500 Rent expense 21,000 Postage expense 1,500 Salaries expense 22,000 Legal fees expense 2,600 Supplies expense 20,000 In addition, the balance of common stock at the beginning of the year was $175,000, and the balance of retained earnings was $36,000. During the year, the company issued additional shares of common stock for $30,000 and paid dividends of $20,000. Required: Prepare an income statement. Prepare a statement of stockholders’ equity.
Answer:
Answer in Attachment
Explanation:
Fighting Okra Cooking Services had a net income of $11,400 for the year, and a total stockholders' equity of $221,000.
Explanation:Income Statement:
Service Revenue: $78,500Rent Expense: $21,000Postage Expense: $1,500Salaries Expense: $22,000Legal Fees Expense: $2,600Supplies Expense: $20,000Total Expenses: $67,100
Net Income: $11,400
Statement of Stockholders' Equity:
Beginning Balance of Common Stock: $175,000Additional Shares of Common Stock: $30,000Balance of Retained Earnings: $36,000Dividends: $20,000Total Stockholders' Equity: $221,000
Learn more about Income Statement and Statement of Stockholders' Equity here:https://brainly.com/question/33749153
#SPJ2
Rugen Inc., a hospitality chain, hired a large number of military veterans in the hope that it would help put the business in a different league altogether compared to its competitors. However, the company soon experienced a backlash and drew flak in the hospitality industry, as it could not efficiently manage and retain these employees. Most of the veterans who joined the organization complained that management did not treat them the way they had expected to be treated. Which of the following things could Rugen Inc. have done differently to avoid these repercussions?
a. It should have followed the standard recruiting procedures to hire these employees to avoid bias.
b. It should have tried to mimic reward and recognition programs that are conducted in the military to acknowledge the employees contributions.
c. It should have let these members take control over most of its departments, especially security.
d. It should not have mixed these employees with regular employees, as veterans come from a completely different background.
Answer:
To avoid the repercussions, Rugen Inc. should have tried to mimic reward and recognition programs that are conducted in the military to acknowledge the employees' contributions.
Explanation:
The reason that has been clarified in the case itself states that treatment was the main concern of the veteran employees that were recruited newly. Had they been given the treatment that they were familiar with, they possibly would not have complained at all. A change in the approach towards the veteran employees would have helped the company retain all the employees.The Marchetti Soup Company entered into the following transactions during the month of June:
(1) purchased inventory on account for $200,000 (assume Marchetti uses a perpetual inventory system);
(2) paid $51,000 in salaries to employees for work performed during the month;
(3) sold merchandise that cost $142,000 to credit customers for $255,000;
(4) collected $235,000 in cash from credit customers; and
(5) paid suppliers of inventory $180,000. Prepare journal entries for each of the above transactions.
Answer:
Explanation:
The journal entries are shown below:
1. Merchandise Inventory A/c Dr $200,000
To Account payable A/c $200,000
(Being the inventory purchased is recorded)
2. Salaries Expense A/c Dr $51,000
To Cash A/c $51,000
(Being salaries expenses are paid for cash)
3. Cost of goods sold A/c Dr $142,000
To Merchandise Inventory $142,000
(Being the merchandise is sold for cost)
Accounts receivable A/c Dr $255,000
To Sales revenue A/c $255,00
(Being the merchandise is sold on credit)
4. Cash A/c Dr $235,000
To Accounts receivable A/c $235,000
(Being the cash is collected)
5. Accounts payable A/c Dr 180,000
To Cash A/c 180,000
(Being cash is paid)
Which of the following is NOT a skill the authors say managers must have to be successful?
a. technical knowledge
b. creativity
c. human relations skills
d. critical thinking skills
Answer and Explanation:
b. creativity
Answer:
The correct answer is letter "B": creativity.
Explanation:
There are many skills managers must meet to conduct business successfully. Planning, communication, decision-making, delegation, problem-solving, and motivation are the most common. Besides, it is important for high-rank executives to possess technical knowledge, human relations, and critical thinking skills. Creativity is also crucial but not necessary for a manager. It is vital though for the marketing department of an organization.
Depreciation expense: Group of answer choices is a tax deductible non-cash expense is not a true expense represents a cash outflow on the cash flow statement is deducted from net income
Answer:
tax deductible non-cash expense
Explanation:
Depreciation is an non-cash expense showing a decrease in the value of the fixed assets due to tear and wear, obsolescence, usage, time period, etc. It's displayed on the income statement debit side. It is a non-cash item that has no effect on the cash balance.
It is a tax-deductible expense when you are filling the return plus it would be added in the net income on the cash flow statement
Depreciation expense is a non-cash, tax-deductible expense that reduces a company's net income to reflect the use of an asset over its useful life. It does not represent a true cash outflow in the period it is recorded.
Explanation:In accounting, Depreciation expense is a non-cash expense that is tax deductible. This expense does not represent a cash outflow, but it is deducted from the net income of a business to reflect the usage of an asset over time. Depreciation is a method of allocating the cost of a tangible asset over its useful life, and is not a true out-of-pocket expense in the period it is recorded.
For instance, a company purchases a machine for $10,000 expected to last 10 years. Every year, the company would record a depreciation expense of $1,000 (cost of the machine/usable life), reducing its net income by that amount, but the actual cash outflow happened at the time of the machine's purchase.
Learn more about Depreciation Expense here:https://brainly.com/question/34234542
#SPJ3
The following financial data are for the dental practice of Dr. Donna Wells when she began operations in July.
1. Owes $21,000 to the Allen Equipment Company.
2. Has cash balance of $15,500.
3. Has dental supplies of $5,650.
4. Owes $6,180 to Contemporary Furniture Supply.
5. Has dental equipment of $28,550.
6. Has office furniture of $10,000.
A) Determine the amounts that would appear in Dr. Wells' balance sheet.
Dr. Wells' balance sheet will list assets such as cash, dental supplies, dental equipment, and office furniture, and liabilities including accounts payable to two companies. The total assets amount to $59,700, and the total liabilities are $27,180. Equity is not specified and would be calculated as the difference between total assets and total liabilities.
Explanation:The balance sheet for Dr. Wells' dental practice will show the assets, liabilities, and equity at the beginning of her
business operations. It would be formatted as follows:
Assets
Cash: $15,500Dental Supplies: $5,650Dental Equipment: $28,550Office Furniture: $10,000Liabilities
Accounts Payable (Allen Equipment Company): $21,000Accounts Payable (Contemporary Furniture Supply): $6,180EquityThis section of the balance sheet would typically detail the owner's equity, which is the residual interest in the assets of the entity after deducting liabilities. Since no specific equity information is provided, it would be assets minus liabilities. However, this can be complex without additional information, such as contributed capital or earnings.
The total assets equal $59,700 ($15,500 + $5,650 + $28,550 + $10,000), and the total liabilities equal $27,180 ($21,000 + $6,180). The difference between total assets and total liabilities would yield the net equity, assuming there are no other equity contributions or retained earnings.
What is the present value of the following cash-flow stream if the interest rate is 5%
Year Cash Flow
1 $ 190
2 390
3 290
Answer:
The present value of the cash flows is $ 786.
Explanation:
This problem requires us to calculate present value of cash flows given in the question. The present value can be calculated by discounting cash flows using interest rate (5%) as discount factor.
PV= (190* (1+5%)^-1)+(390* (1+5%)^-2)+(290* (1+5%)^-3)
PV = 181 + 354 + 251
PV = $ 786
(Discount factor = CF (1+interest rate)^-period)
Since almost everyone makes decisions at work, that qualifies them to be categorized as managers.(T/F)
Answer:
False
Explanation:
If an employee make a decision at work it does not automatically mean that he is a manager. Yes, everyone can make decision but only the good manager can differentiate the good from the bad decisions.
The Manager's job is not only to make decisions. His job is, as its name is saying, to manage people, decisions, plans etc.
The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Accounts Payable $486 Fees Earned $2,807 Accounts Receivable 854 Insurance Expense 405 Prepaid Insurance 1,698 Land 2,275 Cash 1,878 Wages Expense 519 Drawing 751 Capital 5,087 Prepare a trial balance. The total of the debits is a.$5,087 b.$3,218 c.$8,380 d.$1,883
Answer:
(i) The trial balance of Monroe Entertainment Co. is as shown below.
Amounts in $
Accounts Debits Credits
Accounts Payable 486.00
Fees Earned 2,807.00
Accounts Receivable 854.00
Insurance Expense 405.00
Prepaid Insurance 1,698.00
Land 2,275.00
cash 1,878.00
Wages Expense 519.00
Drawing 751.00
Capital 5,087.00
Balances 8,380.00 8,380.00
(ii) Total debits is c.$8,380
Explanation:
The trial balance shows the balances of all accounts in terms of debits and credit and is used to check the mathematical accuracy of posted entries. The debits are the assets and expenses while the credits are the equity, income and liabilities.
Total debits is $8,380
______ reports contain unaudited financial statements and are submitted quarterly to the SEC.
Answer:
Quarterly report
Explanation:
Quarterly report is the report which is issued by the companies in every quarter (which is 3 months), it is a report which describes as the collection or the summary of the financial statements, that are unaudited ( it involves the cash flow statements, balance sheets and income statements).
And every traded public companies need or require to file their reports with the SEC (which stands for Securities Exchange Committee).
Therefore, the quarterly reports are the one which contain the unaudited financial statements and submitted to quarterly with SEC.
After a gas pipeline ex osion that destroyed homes and injured dozens of people, Pacific Power Company publicly unveiled a new mission statement with a greater focus on safety and corporate accountability.
A. Changing communication technologies
B. Renewed emphasis on ethics
C. Heightened global competition
D. Saves Continue
Answer:
B. Renewed Emphasis on Ethics
Explanation:
The gas explosion destroying many homes and injuring people is primarily a Social Responsibility issue which speaks to the accountability of an organisation to the society or the people who are affected directly or indirectly by their business operations.
Pacific Power issued a statement focusing on safety and corporate accountability which means it sees that it needs reinforce its outlook on Corporate Social Responsibility. As such it is an ethical issue.
Business ethics actually deals with those practices and policies that surrounding the way a business carries out its daily operations. It will usually address controversial issues such as bribery, corporate governance and most especially corporate social responsibility.
The statement issued by the company is a renewed emphasis on ethics.
Page(s) 13-14 1.2. What are five foundations of economics? Arshad is trying to choose his college major. His options are physics, civil engineering, biology, and communications. He is leaning towards communications because he enjoys those classes, but is also concerned about his midcareer salary. Of his options, click on the major that represents Arshadâs opportunity cost of choosing to major in communications.
Answer:
Physics
Explanation:
Opportunity Cost
When an option is chosen from alternatives, the opportunity cost is the "cost" incurred by not enjoying the benefit associated with the best alternative choice.
Since Arshad is concerned about his mid-career salary, Physics has the highest mid-career salary among the options, therefore opportunity cost of choosing to major in communications would be Physics
Answer:
economics
Explanation:
trst
Zenni Optical is an online store that allows a high degree of customization of the glasses you buy, including a variety of frames and lenses, so that you can custom-build the exact pair of glasses you want. No two consumers may end up with an identical pair. This firm is probably using an) targeting strategy. O A) undifferentiated O B) concentrated O ) differentiated OD) micromarketing
Answer:
This firm is probably using a micromarketing targeting startegy.
Explanation:
Market targeting strategy the method through which a firm will satisfy customers by segmenting them according to some predefined criterion; either age, gender, income and so on.
Micro marketing relates to the firm's process of aligning products and services to each and every customers' particular needs. The interaction between the firm and the consumer is mostly at a personal level and also practiced generally by small businesses. It could also be referred to as customised marketing because it takes into account the uniqueness of every customer and matches income accordingly. The other types of targeting strategies are undifferentiated, differentiated and concentrated strategies.
Zenni Optical uses a micromarketing strategy by offering highly customized glasses to meet individual customer preferences.
Explanation:The targeting strategy that Zenni Optical is employing, where it allows customers to customize their glasses resulting in highly individualized products, is known as micromarketing. Micromarketing focuses on tailoring products to suit the preferences of individual customers or very small segments, which aligns with Zenni Optical's approach of offering a high degree of customization. This is in contrast to undifferentiated marketing (mass marketing), concentrated marketing (targeting a specific, narrow market segment), or differentiated marketing (targeting multiple market segments with different offerings).
Elizabeth Brown wants to accumulate $8,000 by the end of 12 years. If the annual interest rate is 7.30 percent and interest compounded semi annually, how much will she have to invest today to achieve her goal?
Answer:
She will invest approximately $3,383.97
Explanation:
Formula for compound interest:
A = P(1 + r/n)^nt
Where: A = Final amount
P = Principal amount
r = Interest rate
n = Number of compounding periods per year
t = Time period in years.
A = $8,000
P = Unknown
r = 7.30 percent = 7.3% = 0.073
n = semi annually = 2
t = 12 years
8,000 = P(1 + 0.073/2)^2(12)
8,000 = P(1 + 0.0365)^24
8,000 = P(1.0365)^24
8,000 = 2.364086453P
Divide both sides by the coefficient of P
8,000/2.364086453 = 2.364086453P/2.364086453
3,383.971001 = P
P ≈ $3,383.97
That is Elizabeth Brown will invest approximately $3,383.97 to achieve her goal
Which of the following is subtracted from national income to get to personal income?
A . Retained earnings
B . Personal interest income.
C . Depreciation.
D . Personal Taxes.
Answer:
The answer is "Option A"
Explanation:
RE stands for retained income, In this system also requires the net income to be used in the accounting and cash flows, while the statement of money flow, which is not released as dividends of shareholder value, is used instead for new investments within the company, and other options are were wrong that can be described as follows:
Option B and option D are similar to each other because, both used for payment on personal and consumer loans, that's why it is not correct. In option C, It is used in the calculation, that's why it is not correct.