Organizational culture is: Select one:
a. amorphous and changeable.
b. a potential source of competitive advantage.
c. so difficult to analyze that most firms should choose to ignore it.
d. rarely unique to a single firm.

Answers

Answer 1

Answer:

The correct answer is letter "B": a potential source of competitive advantage.

Explanation:

Competitive advantages are those factors inherent of a company that makes it different from its competitors. Organizational culture is considered a competitive advantage because it is difficult to imitate from one firm to another. Organizational culture represents the set of values and beliefs that rule how people act in the organization.


Related Questions

A fee interest timeshare divides the ownership of a unit into separate time intervals.

A. True.
B. False.

Answers

Answer:

The correct answer is letter "A": True.

Explanation:

A fee interest timeshare or a simple fee represents the highest possible ownership interest someone can hold in real estate. It implies the property in reference is deeded so it is provided officially the owners to the document holder. Thus, that individual could use the property at will.

Shen spends $200 to purchase legal service from Rowan and Martin Associates. Valerie spends $8 to order a mojito cocktail. Shen earns $375 per week working for Little Havana. Which of the elements of this scenario represent a flow from a household to a firm? This could be a flow of dollars, inputs, or outputs. Check all that apply. The $375 per week Shen earns working for Little Havana The $200 Shen spends to purchase legal service from Rowan and Martin Associates The mojito Valerie receives

Answers

Final answer:

The flows from a household to a firm are the $200 Shen spends on legal services and the labor Shen provides to Little Havana in exchange for his weekly earnings of $375.

Explanation:

In this scenario, the elements representing a flow from a household to a firm are the $200 Shen spends to purchase legal service from Rowan and Martin Associates and the $375 per week Shen earns working for Little Havana. Here's why:

When Shen pays $200 for legal services, this is a flow of dollars from Shen (a household) to Rowan and Martin Associates (a firm).The $375 Shen earns weekly is a flow of dollars from Little Havana (a firm) to Shen (a household). However, in exchange for this income, Shen is providing labor to Little Havana, which is an input to the firm from the household.

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Sheridan Auto Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $26,400. All sales are subject to a 10% sales tax. Compute sales taxes payable, and make the entry to record sales taxes payable and sales revenue.

Answers

Answer and Explanation:

Compute sales taxes payable:

cash                       $26,400       -

sales revenue               -            $23,760

sales tax payable          -            $2,640

make the entry to record sales taxes payable and sales revenue:

sales tax payable     $2,640           -

 cash                              -            $2,640

Answer:

Explanation:

Sales revenue x (100%+sales tax rate) = sales revenue with tax

sales revenue x  1.10 (100%+10%) = 26400

sales revenue = 26400/1.10

sales revenue = 24000

Sales revenue with tax - sales revenue = sales tax

26,400 - 24,000 = 2,400

journal entry

cash.         26,400

   Sales revenue.      24000

   Sales tax.                 2400

The IMA suggests​ that, when faced with an ethical​ dilemma, the first thing management accountants should do is call the​ IMA's ethics hotline to report the unethical behavior.

a. True
b. False

Answers

Answer:

False

Explanation:

Ethical dilemma is a situation where one is faced  and has to decide on choosing between two-conflicting moral issues. Since ethical dilemma is present in all professions, Institute of Management Accountant provided a guideline which management accountants can follow to resolve the ethical dilemma. According to Institute of Management Accountant`s ethics guideline, the first thing management accountants should do when faced with ethical dilemma is to follow established policies of  their organisations, not calling the IMA`s ethics hotline to report the unethical behavior. If the established policies in the organisation are not strong enough to resolve the issue,  management accountants should inform their immediate supervisor.  It`s after these two steps fail, that they can call the IMA`s ethics the issue.

So calling the IMA`s ethics hotline is  not the first thing to do. Consequently, the answer is false.

The claim that management accountants should first call the IMA's ethics hotline when facing an ethical dilemma is false.

The statement that the IMA suggests that the first thing management accountants should do when faced with an ethical dilemma is to call the IMA's ethics hotline to report unethical behavior is false. While whistleblowing hotlines and ethics resources are important tools, it is recommended that individuals consider a range of actions when confronted with ethical issues.

This could include asking questions to bring attention to the problem, using facts or reason to discuss concerns, considering the consequences of actions, and being mindful of their own contributions to unethical behavior. It is essential for individuals to think about their own ethical values and be prepared to act in accordance with them, which may include, but not limited to, reporting unethical behavior.

describe at least two cryptocurrencies with applicable examples. Discuss some similarities and differences

Answers

Answer:

Explanation:

Crypto currencies are a digital payment instrument. It is about creating a distributed, decentralized and secure digital payment system using cryptographic principles.

Bitcoin is a cryptocurrency, the creation and sharing of which is based on an open source cryptographic protocol and is not centrally based. Bitcoin can be transferred directly from a computer or smartphone without a third party financial institution. The security of Bitcoin transactions is ensured by servers called bitcoin miners. A user may have one or more bitcoin accounts to receive or transfer bitcoins to another account. Your Bitcoin account can be online or downloaded to your computer by downloading a program called a "digital wallet". The Bitcoin account consists of 33 characters, and the account number starts with 1 or 3.

Counos is a type of cryptocurrency similar to Bitcoin. This digital currency is based on a user-friendly peer-to-peer payment network. In this cryptocurrency type, a clean consecutive version of the electronic payment system for the creation and transfer of coins based on an open-source cryptographic protocol is occurring. This type cryptocurrency is a complex combination of privacy policy, bank regulation and technological innovations. There are some definitions in the Counas cryptocurrency. These include:

1) Counos Coin

This type of electronic coin is the same algorithm as the Bitcoin algorithm and can be issued for 16,800,000 coins and the alpha can produce the rest of the last 21,000,000 coins.

2) Counos Cash

Counos Cryptocurrency CSC was released by Int.GmbH Forks on July 30, 2018 through an open-source client on the ICO Lister website. The fixed price of the Swiss franc and the company itself, the sale of which is confronted with market prices or price reductions, is a signal of remittances and sales of goods and sales. This single currency has the same algorithm as the Counos Coin and is worth all 21 million coins and is equivalent to one gram of gold coin in the Swiss box as a support for the controlled person. The minimum price of this coin is 1 gram of gold and is practically copied without gold being converted into digital currency.

Cryptocurrencies are termed as digital currencies that are operated independently of banks and governments but can be exchanged – and speculated on – in the same way, that physical currency can.

The two types of cryptocurrencies are:

BitcoinsAltcoins

The examples of two cryptocurrencies are:

The altcoin has been formed by combing two words: ALTernative COIN.  Alternative coins to Bitcoin are referred to as altcoins. All other digital currencies, with the exception of bitcoin, are classified as alternative coins.

Altcoins comprise Litecoin, Ethereum, Ripple, Bitcoin Cash, NEO, and others.

Bitcoin is a publicly owned, digital form of currency that sends and receives payments securely using cryptography. Bitcoin is a type of digital currency that can be used to donate to a website like Wikileaks using a cell phone.

Many cryptocurrencies are blockchain-based decentralized systems that do not require a trusted third-party such as a central bank or credit card company to operate.

Peer-to-peer transfers are facilitated in this case by the use of private and public keys. Alternative coins, also known as alt-coins, include Litecoin and Monero. Some are forks or new cryptocurrencies that have split or derived from an existing one, while others are imitations of Bitcoin.  

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What is the future value of a $980 annuity payment over six years if interest rates are 10 percent?

Answers

Final answer:

The future value of a $980 annuity payment over six years at a 10 percent interest rate can be found using the future value annuity formula, and is approximately $7,561.30.

Explanation:

The question asks for the future value of an annuity payment. When dealing with an annuity (a series of equal payments made at regular intervals), the future value can be calculated using the formula for the future value of an annuity due to compounded interest. Given a 10 percent interest rate, a $980 annuity payment, over six years, we can use the future value annuity formula:

FV = P × { [(1 + r)^n - 1] / r }

where:
FV = Future Value of the annuity

P = Payment amount per period ($980)

r = Interest rate per period (10% or 0.10)

n = Number of periods (6 years)

Plugging the values into the formula gives:

FV = $980 × { [(1 + 0.10)^6 - 1] / 0.10 }

FV = $980 × { [1.10^6 - 1] / 0.10 }

FV = $980 × { [1.771561 - 1] / 0.10 }

FV = $980 × { 0.771561 / 0.10 }

FV = $980 × 7.71561

FV ≈ $7,561.30

The future value of the $980 annuity payment over six years at an interest rate of 10 percent is approximately $7,561.30.

Check My Work (1 remaining) Fraud detection is an important element of minimizing losses from fraud, and it is important that frauds be detected as early as possible. Early detection is important because, in most cases, losses are greater at the beginning of a fraud and decrease significantly over time. a. True b. False

Answers

True. The early detection of fraud avoids greater loss.

Explanation:

The early detection of fraud needs to be done for the following reason:

Fraud will continue if not found earlier and thus leads to greater lossThe fraud team is not widen before huge loss happensEasy to recoverPossibility of finding the loop holes even if it is from external sourcesDetects weakness in the internal control and eradicate and make the system secureAvoid huge loss and threatsTo gain profitsTo keep up the name of the organizationTo bring business and to retain customers

You would like to implement an interval DRO procedure with one of your students with autism to decrease hand flapping (so that you can get the student to attend to her work eventually). You conduct some baseline observations and find that the student stops flapping her hands for about 2 minutes on average. What would an appropriate initial DRO interval be

Answers

Answer: one minute, forty-five seconds(1:45secs)

Explanation: DRO (DIFFERENTIAL REINFORCEMENT OF OTHER BEHAVIOR) is a procedure used to reinforce or reward a student of an undesireable or negative Behavior was not repeated over a given period of time. This approach is positive and not Purnishment or penalty is involved in this procedure, in certain instances it requires a 1:1 Student: Teacher ratio and an observer who is independent to record data and where necessary, It usually doesn't put the students under any pressure or compulsion.

Which term refers to the distinctive benefits that make a product different than any other

Answers

Answer:

Unique Selling Proposition (USP)

Explanation:

A unique selling proposition or unique product approval is a distinctive consumer motive, an alternative to image and “entertaining” advertising. USP is a part of the competitive advantage on the basis of which the client chooses a company or product (based on the properties of the product or service).

A unique selling proposition, according to the original theory, consists of three parts (implies the application of all approval points at the same time):

-Each advertising message contains an appeal to the buyer with a promise of specific benefits.

- The offer is formed in such a way that the competitor either cannot give it, or did not manage to put forward earlier.

-Offer must have great power to attract as many consumers as possible.

In marketing, the USP strategy is considered one of the main rational strategies for communicating with potential buyers, a strategy for advertising products.

-USP is determined not only by what is inherent in the product itself;

-USP is determined by what and how it is said about this product in advertising.

In order to skillfully use the UTP strategy in modern conditions, it is important for marketers to understand what kind of statements about a product are perceived as unique, and to be able to predict the features of perception of such advertising.

The task of the marketer, in relation to the USP, is the need:

-assessment of the conformity of the marketing proposal to the consumer's established notions of the integrated quality of the goods.

- anticipate unwanted reactions of potential consumers and try to neutralize them;

- evaluate the uniqueness of the competitors' offer and use a counter-proposal in communication or reveal another uniqueness;

With an ATM checking account, you are typically charged a fee if you use teller services (walk-in or drive-through).
True or False?

Answers

Answer:

With an ATM checking account, you are typically charged a fee if you use teller services is a false statement.

Explanation:

The ATM facility has been rolled out in order to dispense convenience to the users of cashless transactions or of withdrawing cash whenever need. This service is not charged as long as there are not any extra facilities demanded like that of international transactions. Charging a fee for using an ATM would decrease the number of its users drastically.

Suppose we have a 2-person world, with only Stephen and his friend LeBron. Suppose that Stephen can move 70 boxes or bake 28 cookies in an hour. Suppose that LeBron could move 16 boxes or bake 4 cookies in an hour. Is trade possible?

A. No, trade isn’t possible, because LeBron has an absolute advantage in both making cookies and moving boxes.
B. Yes, trade is possible. Stephen should move boxes while LeBron makes cookies, because Stephen has a comparative advantage in moving boxes, whereas LeBron has a comparative advantage in making cookies.
C. Yes, trade is possible. Stephen should make cookies while LeBron moves boxes, because Stephen has a comparative advantage in making cookies and LeBron has a comparative advantage in moving boxes.
D. No, trade isn’t possible, because Stephen has an absolute advantage in both making cookies and moving boxes.

Answers

Answer:

Option (c) is correct.

Explanation:

Stephen can move 70 boxes or bake 28 cookies in an hour:

Opportunity cost of producing a box = (28 ÷ 70)

                                                             = 0.4 cookies

Opportunity cost of producing a cookie = (70 ÷ 28)

                                                             = 2.5 boxes

LeBron could move 16 boxes or bake 4 cookies in an hour:

Opportunity cost of moving a box = (4 ÷ 16)

                                                             = 0.25 cookies

Opportunity cost of making a cookie = (16 ÷ 4)

                                                             = 4 boxes

Therefore,

Stephen has a comparative advantage in making cookies because the opportunity cost of making cookies is lower than the LeBron.

LeBron has a comparative advantage in moving boxes because the opportunity cost of moving boxes is lower than the Stephen.

Yes, the trade is possible.

Stephen should make cookies and LeBron should move boxes.

All of the following are examples of total quality management practices except____________.

A)reduction in the movement required in a manufacturing job.
B) redesign of a product to reduce its parts by 50 percent.
C) separating the sales and services functions.
D) raisingraw material quality standards.

Answers

Answer:

C) separating the sales and services functions.

Explanation:

Total quality management refers to a method used by management to enhance quality and productivity in business. It puts a highlight on the processes that organizations use to manufacture their products, and it calls for organizations to characterize those processes and also persistently monitor and degree their execution, and utilize that execution information to drive improvements.

Therefore, Separating the sales and services functions is not involved in the processes of the Total quality management.

Total Quality Management (TQM) is a business practice aimed at enhancing quality and customer satisfaction. Examples are reducing required movement in manufacturing, redesigning a product to reduce parts, and improving raw material standards. However, separating sales and services functions isn't typically heard of as a TQM practice.

Total Quality Management (TQM) refers to a management approach for the long-term success of an organization through customer satisfaction. In TQM, all members of an organization actively participate in improving processes, goods, and services. Examples of TQM practices are: reduction in the movement required in a manufacturing job, redesign of a product to reduce its parts by 50 percent, and raising raw material quality standards. These practices aim to improve the overall quality and efficiency of business operations.

However, the practice of separating the sales and services functions is not typically considered a TQM practice. TQM involves integrating all business processes and functions to work harmoniously in enhancing quality and customer satisfaction, thus separation of functions does not foster this aim.

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Keiko sells a piece of equipment used in her business for $14,853 on August 10, 2019. The equipment was purchased on January 4, 2018 at a cost of $12,849. Keiko has taken $3,855 of depreciation on the equipment. What is the amount and classification of the gain on the sale by Keiko?

Answers

Answer:

as per Section 1231 , gain = $2,004

as per Section 1245 here ordinary income = $3,855

Explanation:

given data

Sale value = $14,853

Original cost = $12,849

Depreciation = $3,855

solution

we know that by provisions when sale value is more than original cost

than there excess amount will be treated as the section 1231 capital gain

and that gain up to depreciation amount will be treated as ordinary income under the section 1245

so here we get here first total profit that is

total profit = $14,853 - $12,849 - $3,855

total profit = $5,859

so as per Section 1231

gain = $14,853 - 12,849

gain = $2,004

and

as per Section 1245

here ordinary income = $3,855

Amazon was an e-commerce leader with its rapid distribution of a wide array of products, but the firm now faces competition from eBay, Yahoo, and Google.This example illustrates the __________.

Answers

Answer: The difficulty of maintaining competitive advantage.

Explanation:

Amazon is experiencing difficulty in maintaining its competitive advantage in internet marketing, as other competitors are now gaining greater portions of it's market. Competitive advantage in marketing, are those qualities a business possess that enables it to dominate it competitors.

Elenor Company sells 400 units of inventory for $40 each. The inventory originally cost Elenor $26 each. What is Elenor’s gross profit on this transaction?

Answers

Answer:

$5,600

Explanation:

Data provided in the question:

Number of units of inventory sold = 400 units

Selling cost of the inventory = $40 each

Original cost of the inventory = $26 each

Now,

Total inventory cost of the units sold = 400 × $26

= $10,400

Total selling cost of the inventory sold = 400 × $40

= $16,000

Therefore,

Elenor’s gross profit on this transaction

= Total selling cost of the inventory sold - Total inventory cost of the units sold

= $16,000 - $10,400

= $5,600

Final answer:

Elenor's gross profit is calculated by subtracting the total cost of inventory from the total sales revenue. With 400 units sold at $40 each and a cost of $26 each, the gross profit is $5,600.

Explanation:

To calculate Elenor's gross profit on the transaction, we need to deduct the total cost of the inventory from the total sales revenue. First, we calculate the total sales revenue: 400 units sold at $40 each gives us $16,000. Next, we calculate the total cost of the inventory: 400 units purchased at $26 each costs Elenor $10,400.

Now, to find the gross profit, we subtract the total cost from the sales revenue: $16,000 - $10,400 = $5,600.

Therefore, Elenor's gross profit on this transaction is $5,600.

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On March 1, 2018, Beldon Corporation purchased land as a factory site for $65,000. An old building on the property was demolished, and construction began on a new building that was completed on December 15, 2018. Costs incurred during this period are listed below: Demolition of old building $ 6,500 Architect’s fees (for new building) 17,000 Legal fees for title investigation of land 4,500 Property taxes on land (for period beginning March 1, 2018) 3,500 Construction costs 550,000 Interest on construction loan 7,500 Salvaged materials resulting from the demolition of the old building were sold for $2,500.

Required: Determine the amounts that Beldon should capitalize as the cost of the land and the new building.

Answers

Answer:

$73,500; $578,000

Explanation:

Capitalized cost of land:

= Purchase of land +  Demolition of old building  + Legal fees for title investigation - Salvaged materials resulting from the demolition

= $65,000 + $6,500 + $4,500 - $2,500

= $73,500

Capitalized cost of building:

= Construction costs + Interest on construction loan + Architect's fees + Property taxes (before construction to be capitalized

= $550,000 + $7,500 + $17,000 + $3,500

= $578,000

Deluxe Company expects to pay a dividend of $2 per share at the end of year 1, $3 per share at the end of year 2, and then be sold for $32 per share at the end of year 2. If the required rate of return on the stock is 15 percent, what is the current market value of the stock?

Answers

Answer:

The current price of the stock is $28.20

Explanation:

The stock rate of return is 15% this includes both, the dividends and capital gains. Therefore, we should discount our expected cash flow at the required return rate:

Year 1:

2 / (1 + 0.15) = 2 / 1.15 = 1.73913

Year 2:

(3 dividends + 32 stock) / 1.15^2 = 35/ 1.3225 = 26.4650

Then we add both discounted cash flow:

1.73913 + 26.4650 = 28.20413

The current market value of the Deluxe Company stock is calculated by discounting the future dividends and sale price using a 15% rate of return. It amounts to $28.2377 per share after adding the present values of the expected dividends and the sale price together.

To calculate the current market value of the Deluxe Company stock, considering the expected dividends and the sale price at the end of year 2, we would discount these future cash flows back to their present value using the required rate of return, which is 15%. The present value of the year 1 dividend ($2) is calculated by dividing $2 by (1+0.15)1. The present value of the year 2 dividend ($3) is calculated by dividing $3 by (1+0.15)2. And finally, the present value of the sale price ($32) at the end of year 2 is calculated by dividing $32 by (1+0.15)2. Adding these present values together gives us the stock's current market value.

The present value calculations for each cash flow stream are:

Year 1 dividend: $2 / (1.15)1 = $1.7391

Year 2 dividend: $3 / (1.15)2 = $2.2660

Sale price at the end of year 2: $32 / (1.15)2 = $24.2326

Adding these up, the current market value of the stock is $1.7391 + $2.2660 + $24.2326 = $28.2377 per share.

On January 2, 2017, Coronado Corporation issued 31000 shares of 5% cumulative preferred stock at $100 par value. On December 31, 2020, Coronado Corporation declared and paid its first dividend. What dividends are the preferred stockholders entitled to receive in the current year before any distribution is made to common stockholders?

Answers

Answer:

$155,000

Explanation:

The amount of dividends that will be received by the Preferred stock holder before any dividend is made to the common stock holders shall be determined as follow:

Amount to be received by the Preferred stock holder=Number of preferred shares*Percentage on preferred shares*par value of preferred share.

Amount to be received=31,000*5%*100=$155,000

PGP Co. expects to issue a $1,000 face-value bond that matures in 8 years. The annual coupon rate is 9% and interest payments are expected to be paid annually. Similar bonds are currently priced at 101.4% of face value. Given this information, what is the required return by bond holders

Answers

Answer:

Required return is 8.75%

Explanation:

Given,

FV (Face Value) is $1,000

PV (present Value) is computed as:

PV = FV × Price

= $1,000 × 101.4%

= $1,014

Nper (Number of years) is 8 years

PMT (Monthly payment) is computed as:

PMT = FV × Coupon rate

= $1,000 × 9%

= $90

r (Required return) is computed by using the excel formula:

=Rate(nper, pmt, pv, fv, type)

= Rate (8,90,-1014,1000,0)

= 8.75%

Contemporary best-selling management books often argue that customers are the most important element in the external environment. Do you agree

Answers

Answer:

NO, I DO NOT AGREE

Explanation:

External environment in management are those factors that can affect business operation either directly or indirectly. these factors are classified under macro and micro factors.

the micro environment factors are PESTLE

customer, suppliers, competitor, public perception,

the macro environment factors are PESTLE

P -political

E - Economic

S -Socio cultural

T - Technological forces

L - Legal

E - Environmental factors

All these factors are important elements to be considered in the day to day activities of an Organization. PESTLE is even a analysis tools use to control and monitor the operation of the bussiness.

Final answer:

The emphasis on customers as a crucial external element in management literature reflects their power to determine a company's success, and understanding economics can provide managers with a competitive advantage. However, executives often prefer less competition to ensure easier profit maximization.

Explanation:

Indeed, contemporary best-selling management books often emphasize that customers are the most important element in the external environment of a business. This perspective underlines the power that customers hold in making managerial decisions effective or ineffective, based on their choices to buy or not to buy a company's products or services. Customers determine the success of businesses through their purchasing power, as highlighted by the notion that "The Customer Is Always Right."

Additionally, it's argued that understanding economics can give managers a competitive advantage in creating value for the customers. However, the notion that top executives favor market competition is challenged by the preference for a monopoly or at least reduced competition to maximize profits, as competition could mean tougher conditions for maintaining high profit levels.

What do you believe are the two most significant components of the medical billing workflow?

Answers

Answer:

Explanation:

Six critical components for medical calculation (the first two are the most important):

1: Eliminate confusion that it is really an invoice.

Insured patients often receive two service-related communications - a certificate of benefit from an insurance company (EOB) and an invoice from a health care professional. EOBs usually include service history, work done, who the provider is, the amounts allowed under the insurance plan, adjustments, deductions and patient liability.

2: Make sure the patients know what the invoice is.

For recurrent patients, there may be confusion as to what service or design the bill is about. Specify the date of service, medical care, and services provided so that the patient can see the amount paid.

3: Provide clear line items showing prepaid patient payments (co-payments) and contributions from the insurance company.

Explain to patients what credits are already used in the invoice. This can help insurers understand what they contribute, personal responsibility, and promote timely payments.

4: Provide invoices as patients wish to receive.

For some patients, paper invoices may be the method they choose to consult with health care providers. For others, electronic invoices may be more appropriate. Paper sheets can offer patients the opportunity to pay by check, write their payment card information, or use an online portal that supports one-time guest payments. Electronic invoices can reduce the cost of printing and shipping paper invoices, eliminate delays in document invoices, and provide direct access to online portals where they can edit and manage their billing practices.

5: Provide patients with different options to pay.

As patients prefer paper or electronic invoices, they have choices about how they want to pay. Some love the convenience of paying with a credit card, while others may opt for cash, check or debit card transactions. From billing solutions that support multiple payment methods and payment channels to credit card transactions on mobile devices, one billing solution can increase your ability to pay on time.

6: Help patients along the way.

No matter how much a health worker strives to meet the needs of his patients, patients will have questions regarding referral reports. Useful support professionals (both online and by phone) can provide easy access, help patients better understand their laws and encourage their timely payment.

Final answer:

The two most significant components of the medical billing workflow are Patient Registration and Claims Submission. Patient Registration involves gathering and updating the patient's information, while Claims Submission involves billing the insurance company for services provided.

Explanation:

In my opinion, the two most significant components of the medical billing workflow are Patient Registration and Claims Submission. Patient Registration is the first and one of the most crucial steps where a record of each patient is created or updated, including their medical history, current diagnosis, and insurance details. Incorrect information in this stage may lead to claim denials later. Claims Submission, on the other hand, is the stage when the healthcare provider submits a claim to the insurance company for the services provided. Any errors in coding, documentation, or submission can result in rejected or denied claims, hyrting the efficiency of the entire process.

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You are in charge of creating a podcast of an interview with the CEO of your company. The audio file will be posted on the company's website. You decide to make a transcript available so that audience members with hearing impairments will be able to read the interview.
Which measure of excellence in technical communication does this decision reflect

Answers

Answer:

The measure of excellence in technical communication that the decision would affect is accessibility.

Explanation:

The decision would extend the range of listeners of the podcasts and that would mean an increase in the number of audiences. As a CEO, the individual would be deemed to be as both, intelligent and compassionate. The decision would probably start a new trend in the discipline of podcasts where the competitors would also choose to do the same.

A property title search firm is contemplating using online software to increase its search productivity. Currently an average of 40 minutes is needed to do a title search. The researcher cost is $2 per minute. Clients are charged a fee of $400. Company A’s software would reduce the average search time by 10 minutes, at a cost of $3.50 per search. Company B’s software would reduce the average search time by 12 minutes at a cost of $3.60 per search. What option would have highest productivity in terms of revenue per dollar per input?

Answers

Answer:

Explanation:

Productivity per unput dollar=Fees charged from clients/total cost to firm

There are 3 options:

1. Using current software:

Av time=40 min

Researcher's cost=$2 a min

Total cost=40*2=80

Productivity per dollar input=Fees charged from clients/total cost to firm= 400/80=$5

2.

Using company A's software

Av time=30min

Cost of reducing av time=$3.5

Researcher's cost=$2

Total =30*2+3.5=63.50

Productivity per dollar input=400/63.5=6.3

3.

Using company B's software

Av time = 28 min

Cost of reducing av time=$3.6

Researcher's cost=$2

Total cost=28*2+3.6=59.6

Productivity per dollar input=400/59.6=$6.71

Answer - Using company B's software

Dimeback, Inc., is obligated to pay its creditors $7,400 during the year. Required: (a) What is the market value of the shareholders' equity if assets have a market value of $10,800? (b) What if assets equal $6,500?

Answers

Answer:

a.  $3,400

b. $0

Explanation:

As we know

Total assets = Total liabilities + owners equity

a. In the first case

The shareholder equity would be

= Total assets - total liabilities

= $10,800 - $7,400

= $3,400

b. In the first case, the shareholder equity would be zero as it should not be negative. The negative value would be

= Total assets - total liabilities

= $6,500 - $7,400

= -$900    

So it would be zero

Ladders, Inc. has a net profit margin of 5.5 % on sales of $ 50.9 million. It has book value of equity of $ 40.9 million and total book liabilities of $ 28.6 million. What is​ Ladders' ROE?​ ROA? Note: Assume the value of Interest Expense is equal to zero.

Answers

Answer:

ROE=2.7995/40.9=6.84%

ROA=2.7995/69.5=4.03%

Explanation:

ROE

Return on equity of Ladder, Inc shall be calculated using the following formula:

ROE=Net profit/Equity

Net profit=5.5%*50.9=$2.7995 million

Equity=$40.9 million

ROE=2.7995/40.9=6.84%

ROA

Return on asset of Ladder, Inc shall be calculated using the following formula:

ROA=net profit/total assets

net profits=$2.7995 million

Total assets=Total equity+total liabilities

                   =40.9+28.6

                   =$69.5 million

ROA=2.7995/69.5=4.03%

Final answer:

Ladders, Inc.'s Return on Equity (ROE) is approximately 6.84%, calculated by dividing the net income by the shareholder's equity. The Return on Assets (ROA) is approximately 4.02%, found by dividing the net income by the total assets.

Explanation:

The student asks how to calculate a company's Return on Equity (ROE) and Return on Assets (ROA), using Ladders, Inc.'s financial data. To calculate the ROE, we use the formula: Net Income / Shareholder's Equity. With a net profit margin of 5.5% on sales of $50.9 million, Ladders' net income is $2.7995 million (0.055 * $50.9 million). The shareholder's equity is the book value of equity which is $40.9 million. Therefore, the ROE is $2.7995 million / $40.9 million, which gives approximately 6.84%.

For calculating ROA, the formula is: Net Income / Total Assets. Total assets are the sum of liabilities and equity, which is $28.6 million plus $40.9 million, equalling $69.5 million. The ROA would be the net income of $2.7995 million divided by total assets of $69.5 million, resulting in approximately 4.02%.

ABC Corp. has a market price of $15 and a Price/Earnings multiple of 10. What was the corporation's Earnings Per Common Share?

Answers

Answer:

The correct answer is: $1,5.

Explanation:

The Price-to-Earnings ratio or P/E ratio is the relationship between a company's market value of per-share common stock and its earning per share. It is obtained by dividing the two factors previously mentioned and the result is the P/E ratio which is also called the multiple.

Thus, in the example:

P/E ratio = (market value per share) / (earning per share)

We can deduct:

Earnings per share = (market value per share) / P/E ratio

Then:

Earnings per share = $15/10

Earnings per share = $1,5

Top managers of Marshall Industries predicted 2018 sales of 14,800 units of its product at a unit price of $9.50. Actual sales for the year were 14,600 units at $12 each. Variable costs were budgeted at 2.00 per unit and actual variable cost were $2.10 per unit. Actual fixed cost of 48,000 exceeded budget it fixed cost by 4,000.


Prepare a flexible budget performance report for the year. First,complete the flexible budget performance report through the contribution margin line, then complete the report through the operating income line.

Answers

Answer:

Budget  Actual

$  $

Volume  14,600.00    14,600.00  

Price  9.50    12.00  

Sales  138,700.00    175,200.00  

Variable cost Per unit  2.00    2.10  

Total variable cost  29,200.00    30,660.00  

Contribution Margin  109,500.00    144,540.00  

Fixed cost  44,000.00    48,000.00  

Operating Income  65,500.00    96,540.00  

Explanation

First and foremost flexing a budget means revising the budget based on actual sales volumes, that is i what did above to calculate the margins as well as the operating income

In this problem, you will be given three errors that may or may not affect the trial balance. You are to determine the following:(1) As a result of each error, will the trial balance still balance? Consider each error separately. If you determine that the trial balance will not balance as a result of the error, then answer the following questions:(2) What is the amount of the difference between the two columns of the trial balance? (3) Which trial balance column (debit or credit) will have the larger total?A. A payment of $490 on account for supplies previously purchased was recorded as a debit to Supplies Expense and a credit to Cash for $490B. A payment of $150 on account for supplies previously purchased was recorded as a debit to Accounts Payable for $150 and a credit to Cash for $510C. The $875 balance in Service Revenue was listed as a debit.

Answers

Answer:

1) This error will not effect balancing of trial.

2) Total difference in both columns will be of $500 and credit side of trial balance will have larger balance.

3) Total difference in both columns will be of $1,750 and debit side will exceed from credit side.

Final answer:

Error A does not affect the balance of the trial balance, whereas errors B and C cause imbalances. Error B results in a credit column excess of $360, and error C results in a debit column excess of $875.

Explanation:

Analysis of Trial Balance Errors

When analyzing trial balance errors, it is important to understand the effects each error has on the balance sheet. Looking at the presented errors one by one:

Error A: Since the transaction is correctly debited to Supplies Expense and credited to Cash for the same amount ($490), there is no effect on the trial balance equation. Both sides remain equal, and the trial balance will still balance.Error B: A payment recorded with a debit to Accounts Payable for $150 and a credit to Cash for $510 creates a discrepancy of $360. The trial balance will not be balanced due to this discrepancy. The credit column will have a larger total by the amount of $360.Error C: Listing the balance of Service Revenue, which should be a credit, as a debit creates an imbalance. This shifts the balance by $875, and the debit column will be larger by this amount.

In summary, errors B and C will result in an unbalanced trial balance with disparities in respective columns based on the nature of the errors.

An increase in financial leverage generally results in a higher return on equity (ROE)
True or False?

Answers

Answer:

The statement is: True.

Explanation:

According to the DuPont analysis, three factors are influencing the increase of the Return On Equity (ROE): the efficiency of operations, the efficiency of the company's assets, and the financial leverage. The DuPont analysis studies those three factors and how they help the ROE to increase or decrease.

On December 31, 2017, Hattie McDaniel Company had $1,200,000 of short-term debt in the form of notes payable due February 2, 2018. On January 21, 2018, the company issued 25,000 shares of its common stock for $38 per share, receiving $950,000 proceeds after brokerage fees and other costs of issuance. On February 2, 2018, the proceeds from the stock sale, supplemented by an additional $250,000 cash, are used to liquidate the $1,200,000 debt. The December 31, 2017, balance sheet is issued on February 23, 2018. Show how the $1,200,000 of short-term debt should be presented on the December 31, 2017, balance sheet. (Enter account name only and do not provide descriptive information.)

Answers

Final answer:

The $1,200,000 of short-term debt should be listed as 'Notes Payable' under current liabilities on the December 31, 2017, balance sheet, reflecting the obligation that existed at that date even though it was subsequently paid off with the proceeds from a stock issuance.

Explanation:

The $1,200,000 of short-term debt should be classified on the December 31, 2017, balance sheet as a current liability, given that the debt is due within the upcoming year.

However, considering that the company has raised enough funds to cover the debt through the issuance of common stock, and the balance sheet is issued after the stock sale but before the debt payoff, the treatment of this item can reflect the post-balance-sheet event which provides evidence about conditions that existed at the balance sheet date.

Therefore, the $1,200,000 should still be presented as a Notes Payable under current liabilities on the balance sheet dated December 31, 2017.

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