Answer:
Executive information system.
Decisions support system.
Transactional processing system.
Explanation:
An organization's information system is a system of the collective process which is designed to capture, analyze, process and share all important data. The main goal behind setting up the organization information system is to achieve the target aim by the effective way.
The categories of a system that the organization information system include are:
Databases
Decisions support system.
Enterprise systems
Global information systems
Expert systems
Information system functionalities, etc.
Vincent and Jean are two cooks who work in a village. Each of them can either bake cakes or make pizzas. Every ingredient is readily available to them, and the only scarce resource is the cook's time. Vincent can bake 10 cakes or make 5 pizzas in an hour. Jean can bake 12 cakes or make 8 pizzas in an hour. Please answer the four questions below.
A) Which cook has the absolute advantage in baking cakes?
B) Which cook has the absolute advantage in making pizzas?
C) Which cook has the comparative advantage in baking cakes?
D) Which cook has the comparative advantage in making pizzas?
Answer:
Vincent and Jean are two cooks who work in a village. Each of them can either bake cakes or make pizzas. Every ingredient is readily available to them, and the only scarce resource is the cook's time. Vincent can bake 10 cakes or make 5 pizzas in an hour. Jean can bake 12 cakes or make 8 pizzas in an hour
Which cook has the absolute advantage in baking cakes?
Jean has the absolute advantage in baking cakes
Which cook has the absolute advantage in making pizzas?
Jean has the absolute advantage in making pizzas
Which cook has the comparative advantage in baking cakes?
Vincent has the absolute advantage in baking cakes
Which cook has the comparative advantage in making pizzas?
Vincent has the absolute advantage in making pizzas
Explanation:
Until January 1, 2012, the price for ethanol consumers in the United States was higher than world free-market price by $0.54 per gallon because of the $0.54 per gallon tariff imposed by the U.S. government on ethanol imports. This is an example of a(n) _____ tariff.
a. specific
b. preferential
c. ad valorem
d. custom
e. generalized
Answer:
Specific tariff
Explanation:
Specific tariff - it is referred to as the charge that is imposed by the US government on any imported item. it is applied per unit items. it can be considered as the tax that the US government levied on import items. it is referred to as a trade barrier focus to reduce the amount of import from tie-up countries
Fir above context, $0.54 as import tax is applied by the US government on imports of ethanol.
Moral theorizing essentially involves
a. trying to decide what is right or wrong on a case-by-case basis.
b. trying to come up with general moral principles that apply to many different cases.
c. consulting the relevant laws and the Constitution.
d. trying to explain what causes people to make the moral judgments they do.
trying to come up with general moral principles that apply to many different cases.
Moral theorizing essentially involves trying to come up with general moral principles that apply to many different cases. Option B is the correct answer.
Moral theorizing involves the process of developing general moral principles that can be applied to various situations. These principles serve as ethical guidelines to help individuals make consistent and informed decisions. Option B is the correct answer.
Moral theorizing is a philosophical endeavor that aims to explore and understand the nature of morality and ethical decision-making. It goes beyond individual cases and seeks to establish overarching principles that can be universally applied. By formulating general moral principles, moral theorists aim to provide a framework that guides ethical behavior across different contexts. These general moral principles are designed to address a wide range of moral dilemmas and ensure consistency in moral judgments. They often focus on fundamental values and principles such as fairness, justice, human rights, and respect for autonomy.
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Muldoon Advertising has an opening balance in its supplies account of $2,400 and purchases $3,000 of supplies during the year. A year-end physical count shows $2800 in supplies inventory. Which is the appropriate journal entry at year end?
A) Dr Supplies Expense $2,600
Cr Supplies $ 2,600
B) Dr Supplies Expense $2,800
Cr Supplies $ 2,800
C) Dr Supplies $2,600
Cr Supplies Expense $ 2,600
D) Dr Supplies $3,000
Cr Cash $3,000
Answer:
A) Dr Supplies Expense $2,600
Cr Supplies $ 2,600
Explanation:
The supplies account had an opening balance of $ 2400. Purchases were made of $ 3000 so the total debit balance was $ 5400. The year end showed a debit balance of $ 2800.
So $ 5400- $ 2800= $ 2600 Supplies were used and credited .
An expense account would be used to show this so
Supplies Expense is debited with $ 2600 and
Supplies Account is credited with $ 2600 showing a net debit balance of $ 2800 at the end of the year.
Controlling the flow of information is important, because people tend to learn better when a little bit of new information is presented to them at a time.True/false
Answer:
True
Explanation:
Controlling the flow of information is important since too much flow of information eventually leads to more loss of information and distortion of facts as less is grasped, comprehended and retained.
It is essential to control and regulate the flow of information as excessive flow of information also results into confusion and the intended meaning gets lost.
So it is recommended to learn by being exposed to little bit of new information at a time rather than huge quantity of information whose comprehension and retention both would be difficult.
Recently, a Domino's pizza franchise in southwest Ohio made the strategic decision to stay open for 24 hours a day. The manager, Steve Martin, made this decision about a month ago in response to increased demand for Domino's pizza. Other Domino's franchise owners are now considering adopting a similar strategy. In this activity, you will categorize a set of statements regarding activities in the internal and external environments as they relate to Domino's pizza and a potential initiative of staying open 24 hours a day. These statements will identify either a strength, weakness, opportunity, or threat.
Strength:
___________________
___________________
Weakness:
___________________
___________________
Opportunity
___________________
___________________
Threat:
___________________
___________________
Staffing, Strong Brand Name, Late-Night Eating, Health, Inventory Management, Demand, Excellent Location, Competitors
Answer:
Strength:
Further strengthening the brand name and will be able to capture the market share by staying open for 24 hours.
Increasing the efficiency of the franchise by selling additional products. (Sales to capital employed ratio)
Excellent location will add up value to the franchise which makes it more prior to the other pizza offering franchises.
Weakness
Staffing and inventory management would be required for the additional working hours and at night shifts the employees demand more for the services they offer.
Opportunity
There is additional demand for the products of the Domino's to sell the customers at night. Usually in the weekends, Americans go to bed late night.
Threats
We are promoting late night eating which is not good for health so this is threat to our brand image.
Their is the threat that the existing competitors must react to our offerings by lowering their cost or by increasing the quality of their offerings.
Vac N' Sew will give customers $100 for a used vacuum cleaner, regardless of condition, when they purchase a new vacuum or sewing machine. This essentially reduces the price by $100. What is this type of discount called?
Answer:
Trade-in allowance
Explanation:
A trade-in allowance is a type of discount in which the price of a good is reduced by the value of a another good that the buyer gives to the seller.
In this question, we have a trade-in-allowance because buyers give a product (a used vacuum cleaner) valued at $100 in exchange for a discount by the same amount of the total price of the new vacuum that they want to buy.
A new mall will be constructed in a large city. Why are business owners most likely viewing a topography map before construction? a. to find flat areas of land for building b. to identify key landforms in the area c. to calculate an area’s contour interval d. to locate steep slopes for road construction
Answer:
A) to find flat areas of land for building
Explanation:
Topography maps show the elevation of the terrain and how flat a terrain is. Malls are usually very large buildings that occupy a large piece of land, and terrains with varying altitude increase the building costs of any type of structure.
If someone wants to build a large mall (that includes many parking spaces), they must look for some lot that is flat or can be flatten out easily.
Explanation: The answer is a.
On July 1, 2005, Lee Co. sold goods in exchange for a $200,000, 8-month, noninterest-bearing note receivable. At the time of the sale, the note's market rate of interest was 12%.
What amount did Lee receive when it discounted the note at 10% on September 1, 2005?
A. $194,000
B. $193,800
C. $190,000
D. $188,000
Answer:
Option (C) $190,000
Explanation:
Data provided in the question:
Amount of the goods sold in exchange = $200,000
Note's market rate of interest at the time of sale = 12%
Discount note on September 1, 2005 = 10%
Now,
since the note is non-interest bearing.
As of September 1, 2005, 2 months have elapsed since the original issuance of the note on On July 1, 2005
Thus,
Only 6 months are remaining of the 8 month term.
Therefore,
Discount = $200,000 × 10% × 0.5 [ as 6 months = 0.5 year]
= $10,000
Therefore,
Proceeds from the discounting = $200,000 - $10,000
= $190,000.
hence,
Option (C) $190,000
Mr. Able wants to set up a tax-deductible fund to be used to support young talented individuals to enhance their abilities. What would you recommend Mr. Able do?
Answer:
Mr. Able have to open a Private Foundation to set up a Tax-deductible fund.
Explanation:
They will exclude donations up to 30 per cent to 60 per cent of our income, based on the charity's existence and tax-exempt status.You will state your expenses to assert a charitable deduction on your tax return.Private foundation contributions are tax deductible up to 30 percent of the adjusted gross benefit for assets and up to 20 percent of the income for assessed shares, with a five-year hold forward.therefore Mr Able must donate his funds
Final answer:
Mr. Able should consult with a tax advisor or attorney, establish the fund as a nonprofit organization with 501(c)(3) status for tax-deductible contributions, and set clear criteria for supporting young talents. Additionally, Mr. Able should manage the fund with an oversight committee, engage in fundraising and outreach, and possibly collaborate with other organizations.
Explanation:
If Mr. Able wants to set up a tax-deductible fund to support young talented individuals, it is essential for him to follow a series of steps to ensure that the fund is established correctly and effectively.
Firstly, Mr. Able should consult with a tax advisor or attorney specializing in charitable organizations to understand the legal requirements and tax implications. This professional will provide guidance on the structure of the fund and the process for ensuring it is tax-deductible for the donors.
Next, it is recommended to establish the fund as a nonprofit organization, such as a private foundation or a public charity, which would allow for tax-deductible contributions. The fund will need to apply for 501(c)(3) status from the Internal Revenue Service, a designation that requires adherence to specific regulations but provides the benefit of tax-exempt status.
Once the legal structure is in place, Mr. Able should develop clear criteria for selection of beneficiaries as well as a transparent application and assessment process to identify and support the most deserving young talents. It's also important to set up an oversight committee to manage the fund and make decisions on its disbursements.
Additionally, as part of fund management, Mr. Able should create a detailed plan for fundraising and outreach. This could involve marketing the fund to potential donors, organizing fundraising events, and applying for grants. He could also consider collaborating with educational institutions or community organizations to reach more potential beneficiaries and increase the impact of the fund.
Effective corporate governance is essential in large corporations because corporate ownership (by shareholders) is separated from corporate control (by officers and managers). In order to improve corporate governance, most large corporations have eliminated the use of outside directors.A. TrueB. False
Answer:
False
Explanation:
Outside directors are members of the board of directors that are not employees of the corporation. While an inside director is a member of the board that is also employed by the corporation, e.g. CEO.
Corporations are separate entities form their stockholders, that is why limited liability applies to them. The board of directors doesn't have to include stockholders or employees, they usually do, but it is not required by law. Outside directors should very experienced and capable individuals that possess certain expertise that can help the corporation. Also, the board should control and supervise upper management, but if only inside directors were admitted into it, then who would control them?
Answer:
B. False
Explanation:
Corporate governance is the set of rules and regulation which is a guide to how a business is being controlled and operated. it spells out the right and acceptable processes and actions that are required of the corporation's operators at any point in time. the directors have the responsibility of enforcing it.
Corporate governance is reflected in the way the entity deals with all its stakeholders and how the operators deals with the entity. It is used to rate the wellness of an entity by outside world.
The large corporations have not eliminated the use of outside directors, instead they have instituted a very strong and enduring, corporate governance .
Skrugetech Inc. designs its jobs in such a way that each job profile has a number of tasks associated with it. The employees are also given a substantial amount of liberty to make decisions about their work as long as they fulfill other work and quality requirements. In the context of job design, Skrugetech Inc. is most likely using ________.A) job specialization
B) task rigidity
C) job enrichment
D) task identity
Answer: (C) Job enrichment
Explanation:
The job enrichment is one of the type of method that is used for motivating the employees in an organization for specific job and the various types of challenging tasks.
The main aim of the job enrichment is that it helps in creating the various types of opportunities for the recognition the skills and also the professional growth in an organization.
It also provide the various types of self management to the employees in their specific tasks or duties. According to the question, the Skrugetech Inc. is using the job enrichment for designing the jobs profiles in an organization.
Therefore, Option (C) is correct answer.
If the Virginia license applicant has had a license suspended or revoked in any jurisdiction because of association with disciplinary action, which of the following is true?
Correct/Complete Question:
If the Virginia license applicant has had a license suspended or revoked in any jurisdiction because of association with disciplinary action, which of the following is true?
A. The license will automatically be denied, with no exceptions
B. a very detailed explanation of the event/circumstances must be included with his license application
C. he will need to post a $20,000 bond
D. none of the above
Answer:
B, a very detailed explanation of the event/circumstances must be included with his license application.
Explanation:
In the event that a Virginia license applicant has had a previous license revoked or suspended, he must include a detailed explanation of the events that led to the license being revoked or suspended. This will help the licensing board look into the previous revoke or suspension and determine if the applicant is eligible for another license.
I hope this helps.
A culture of leadership ______________ and ______________ is created when people at all levels genuinely expect each other to be credible, and they hold each other accountable for the actions that build and sustain credibility.
Answer:
A culture of leadership Excellence and Integrity is created when people at all levels genuinely expect each other to be credible, and they hold each other accountable for the actions that build and sustain credibility.
Explanation:
The above approach of excellence and integrity refers to adaptability and ethics amongst the employees. Excellence is something which is the maximum desired level attained whereas integrity refers to the traits of honesty and abiding by moral ethics.
Leadership excellence and integrity is when there is immense mutual trust between one people. This trust leads to genuine expectations at both ends wherein credibility and accountability is expected.
Such actions are expected by both parties which lead to a credible environment and it is desired to maintain and sustain that credibility.
A culture of leadership trust and accountability is achieved when every member of the institution expects each other to be credible and they hold each other accountable, establishing a culture of academic integrity that provides stability and beneficial outcomes.
Explanation:A culture of leadership trust and accountability is created when people at all levels genuinely expect each other to be credible, and they hold each other accountable for the actions that build and sustain credibility. This culture is established through academic integrity which builds trust, understanding, and genuine learning among the members of the organization. Order and peace are maintained through this leadership culture that is grounded in authenticity, and where faculty, administrators, resource providers, and students work together to maintain a fair and positive experience. It fosters stability and creates beneficial outcomes that extend far beyond their college career.
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Economic forces impact the opportunities available to entrepreneurs. Which of the following alternatives reflects a set of economic forces that would be of interest to entrepreneurs?1. Level of disposable income, new uses of old technologies, and new laws and regulations2. New technologies, consumer spending patterns, and new laws3. Interest rates, consumer spending patterns, and level of disposable income4. Social and cultural trends, level of interest rates, and what people think is "in"5. New changes in political areas, new laws, and level of disposable income
Answer:
3. Interest rates, consumer spending patterns, and level of disposable income
Explanation:
The following alternatives reflects a set of economic forces that would be of interest to entrepreneurs: Interest rates, consumer spending patterns, and level of disposable income
1. Interest Rates: Whenever there is an increase in interest rates, entrepreneurs are required to set aside more funds for the repayment of loans in the sense that the interest component becomes more expensive and looking at the total picture, the loan becomes technically bigger than what they had collected. This occurrence of higher interest rates reduces the business' net income for all periods till the loan is fully paid.
2. Consumer spending patterns: Consumer spending patterns are a very important tool or dataset for businesses which can be used to understand market potential. It reveals customers who are likely to buy certain categories of goods and services and where they are geographically located. Without this information businesses could be located in the wrong places or could target the wrong customers
3. Level of disposable income: Disposable income refers to the amount of income left after taxes are paid. This metrics is important for businesses because that is the fraction of earnings that consumers spend on to buy goods and services.The higher the disposable income, the higher the demand for firms products will be.
The interest rates, consumer spending patterns, and level of disposable income are the economic forces that would be of interest to entrepreneurs.
Interest rates, consumer spending patterns, and level of disposable income are the economic forces that would be of interest to entrepreneurs. If there is an increase in interest rates, entrepreneurs are required to give more funds for the repayment of loans which adversely affected the output of the trade.
Consumer spending patterns are a very important tool for businesses which can be used to understand market potential. This gives information to the entrepreneurs about the choice of goods and products of people.
Disposable income refers to the amount of income after taxes are paid. This aspect is important for businesses because that part of earnings used by consumers spend on to buy goods and services so we can conclude that interest rates, consumer spending patterns, and level of disposable income are the economic forces that would be of interest to entrepreneurs.
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1.Suppose that the hypothetical country of Paddyland suffers a chronic scarcity of its staple grain, rice.
a. True
b. False
2. The country of Paddyland must be a developing country, since scarcity is not a problem in developed countries.
a. True
b. False
Answer:
1. False
2. False
Explanation:
1.Suppose that the hypothetical country of Paddyland suffers a chronic scarcity of its staple grain, rice. False
2. The country of Paddyland must be a developing country, since scarcity is not a problem in developed countries. False
Entrepreneurs' intentions are based on their perception of feasibility rather than someone else's impression of whether it is feasible.
Answer:
True
Explanation:
Entrepreneurs are such type of people who do things and think differently. They are the driving force and do not like being bounded to corporate or any other bureaucracy. So, being an entrepreneur is doing what you think is feasible rather than following someone else's opinion.
If a balance exists in the temporary MOH account at the end of the period, it can be ignored for purposes of preparing the company’s financial statements.
A) True
B) False
Answer:
FALSE
Explanation:
If a balance exists in the temporary Manufacturing Overhead account at the end of the period, it cannot be ignored for purposes of preparing the company’s financial statements.
The balance in the manufacturing overhead account must be included in the cost of sales which is a line item in the income statement of the company. If the balance that exists in the manufacturing overhead account is ignored in the financial statements, it means that the income statement for that period of reporting has been misstated; also the overheads figure not being adequately captured will misstate the expenses and (by extension) Income figures for the period.
The statement is false, the balance in the MOH account should be allocated to the appropriate cost of goods sold and inventory accounts.
Explanation:The statement 'If a balance exists in the temporary MOH account at the end of the period, it can be ignored for purposes of preparing the company’s financial statements' is false.
The temporary MOH account refers to the Manufacturing Overhead account, which is used to accumulate indirect manufacturing costs. At the end of the accounting period, the balance in the MOH account should be allocated to the appropriate cost of goods sold and inventory accounts.
Ignoring the balance in the MOH account would result in misstated financial statements and inaccurate representation of the actual manufacturing costs.
Imagine the following: New sources of energy have become marketable and the industries involved have hired thousands to operate the emergence of new businesses. Construction companies cannot build homes fast enough for workers in the energy industry. Due to increasing salaries in several other industries that partner with energy companies, the demand for everything from food to entertainment to travel has increased. High demand has brought about shortages in some product categories. To help manage the situation in the short term, ___________.
a) the Fed will likely decrease interest rates
b) the Fed will likely increase interest rates
c) Congress will likely decrease taxes
d) Congress will likely enact monetary policy
Answer:
b) the Fed will likely increase interest rates
Explanation:
The situation of increased employment and salaried has caused an increase in demand. At the moment, demand outweighs supply. It appears that the economy has too much money in circulation. Shortly, the rate of inflation will go up, leading to an increase in the prices of goods and services.
The Fed should raise interest rates to counter the expected inflation. The economy is expanding rapidly, which is not sustainable. An increase in interest rate will reduce the money supply in the economy, thereby averting a potential rise in the cost of living due to a general increase in prices.
5. When making decisions, a business should evaluate the implications of each option, the public relations impact, the safety risks for and employees, and the financial implications.
Answer:
CONSUMERS and LEGAL.
Explanation:
In making important decisions, an organization will consider the consequences of each choice, the effect on customer public affairs, the safety risks to lawyers and staff and the financial consequences.Corporate communications are about raising the authority of your business, build relationships with key individuals and handling your public image.therefore,these two ways will prefer to use for decision making.
Using the Performance Planner on a monthly basis allows you to optimize which two aspects of an account? (Choose two.) A) KeywordsB) BidsC) BudgetsD) Ad extensionsE) Ads
Answer: The correct answers are "B) Bids" and "Budgets".
Explanation: The Performance Planner identifies the ideal budgets for Ads campaigns and generates additional conversions, giving advertisers recommendations for offers and budgets to maximize their benefits.
Using the Performance Planner on a monthly basis allows you to optimize bids and budgets.
Using Performance Planner tool monthly will allow one to optimize:
B. Bids C. BudgetsThe Performance Planner is a tool on Go0gle that one can use to monitor their advertisements.
When used monthly, it allows a person to browse through many ad auctions and bids as well as check how well the ads are doing in relation to the budget.
In conclusion, options B and C are correct.
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The Constitution sets forth specific powers that can be exercised by the national government and provides that t national government has the implied power to undertake actions necessary to carry its expressly designated po Under the Tenth Amendment, all other powers are expressly reserved to Select one: a. None of the choices O b. The states c. The National Government O d. The people
Answer:
B. The States
Explanation:
According to the Constitution of the United States, the national government as well as the state government have powers. There is a need however, to describe the difference between express and implied powers.
Express powers are specifically mentioned in the constitution while implied powers are powers the body of government will have as a result of its interference and connection to the express power.
Therefore, since the national government supersedes the state governments, any power that is connected to the express power constitutionally given to the federal government is referred to its implied power and as such the state is expected to also respect such.
However, any power that is not express or implied to be the power of the national government according to the Tenth Amendment is expressly reserved to the States
The Tenth Amendment reserves powers not delegated to the United States by the Constitution to the states or the people. This ensures a balance of power between the federal and state governments. The correct answer is option b."the states."
The Tenth Amendment is like a rulebook for how power is shared between the big national government and the smaller state governments in the US.
It says that if the Constitution doesn't specifically say the national government can do something, and it's not forbidden to the states, then the states or the people get to decide.This idea is all about keeping the government from having too much control and spreading power out so no one group gets too powerful. It means that both the big national government and the smaller state governments have their own jobs to do without stepping on each other's toes.The Tenth Amendment has been super important throughout US history because it's been used in arguments about who gets to make certain decisions—whether it's about state laws or big national policies.Which of these are goals of an expansionary policy? Check all that apply. a. increased available credit b. decreased available credit c. increased money supply d. increased inflation e. increased interest rates f. decreased interest rates
Answer:
a. increased available credit
c. increased money supply
f. decreased interest rates
Explanation:
Expansionary policy is a policy pursued by either the government or the monetary authority to stimulate aggregate demand in the economy. This can be achieved through the use of either the fiscal policy tool by the government or the monetary policy tool by the Federal Reserve.
The policy target of expansionary policy are any of the economic goals of the government, such as economic growth, control of inflation, favorable balance of payment, e.t.c.
The three goals of expansionary policy includes increased available credit, increased money supply and decreased interest rates.
Expansionary policy is an economic policy used by the government or monetary authority to stimulate the aggregate demand in the economy.
The purpose of Expansionary policy is achieved through use of fiscal policy by government or monetary policy by Federal Reserve.
The economic goals of use of the Expansionary policy includes to achieve economic growth, to control inflation, to achieve favorable balance of payment e.t.c.
Therefore, in the question, the goals of the expansionary policy includes increased available credit, increased money supply and decreased interest rates.
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BC Corporation had sales of $1,000,000 and costs of goods sold of $450,000 for the year. Inventory at year end was $180,000. What is the inventory turnover?
Answer: The inventory turnover is 2.5
Explanation: Inventory turnover is calculated by dividing the cost of goods sold by the average inventory. It indicates how many times a company sells and restocks its stock of goods during a period.
Therefore, $450,000/ $180,000 = 2.5
Answer:
5.56 times (using sales as numerator), or 2.5 times (using cost of goods sold as numerator)
Explanation:
[tex]Inventory Turnover = \frac{sales}{Average Inventory}[/tex]
Average Inventory = (Opening Inventory + Closing Inventory)/2
However, since opening inventory was not given, we can derive it from the Cost of Goods Sold (COGS) formula
COGS = Opening Inventory + Purchases - Closing Inventory.
But, we do not have any figure for purchases, and as such, cannot compute opening inventory.
The proxy for Average Inventory will therefore be Closing inventory.
Thus,
[tex]Inventory Turnover = \frac{1,000,000}{180,000} = 5.56.[/tex]
Sometimes, Cost of goods sold is also used instead of sales in computing inventory turnover,
In that case, inventory turnover will be
[tex]\frac{COGS}{average inventory} = \frac{450,000}{180,000} = 2.5 times.[/tex]
Vision Tech is a software company based out of San Francisco. Its stockholders are mostly individual investors and there is relatively little institutional ownership. If several pension and mutual funds were to take large positions in Vision Tech's stock, would direct shareholder intervention be more or less likely to motivate the firm's management?
Answer:
With respect to financial performance and position, yes maybe but for other matters not.
Explanation:
The interventions by large institutional investors like Pension and Mutual funds in Vision Tech's case can have a impact on its financial performance and position. If the current business outlook of Vision Tech is weak, the large institutional investors can guide the management on how to improve the business financially in the future, if they have specialization in the sector in which Vision Tech conducts its business. Backed up by funding support and sound guidance, the management can be motivated towards working for better business conditions in the future. However, it all depends upon the good attitude of the promoters and the management towards the organization as a whole rather than taking care of their own self interests.
However, if the matters are like related to society welfare like impact on the environment from the firm's operations or other Corporate Social Responsibility actions, the management is less likely to be motivated. The large institutional investors show on paper that they are concerned with social welfare kind of matters, but in reality they don't even care about it as it doesn't impacts their pocket revenue from the stock.
Even if the accounts are manipulated or deliberately made to look great, the institutional investors in reality may not even care as long as their dividend incomes and stock investment increases are protected.
Final answer:
Institutional investors like pension and mutual funds can decrease the need for direct shareholder intervention in a company's management due to their ability to influence strategy through more sophisticated and coordinated actions than individual investors.
Explanation:
When pension and mutual funds take large positions in a company's stock, such as Vision Tech, it can potentially lead to less direct shareholder intervention in motivating the firm's management. These institutional investors have financial expertise and resources to engage in more sophisticated means of influencing company management, such as direct conversations with management or exercising influence through the board of directors. Furthermore, institutional investors often prefer to work behind the scenes to influence company strategy and are less reliant on direct intervention.
In contrast, when a company has a broad base of individual investors, these investors may not have the same level of coordination or power to influence management effectively. Individual investors also might not have the same depth of information about the firm's operations as institutional investors or venture capitalists, who often take an active role in company oversight and strategy.
Making sales to a customer on credit is an example of a ________ decision, and would be the responsibility of the __________.
Correct/Complete Question:
Making sales to a customer on credit is an example of a ________ decision, and would be the responsibility of the __________.
A) Working Capital; Controller
B) Capital Structure; Controller
C) Capital Budgeting; Treasurer
D) Capital Structure; Treasurer
E) Working Capital; Treasurer
Answer:
E, Working Capital, Treasurer
Explanation:
A working capital refers to the capital required by a business to ensure its day-to-day business operations. It can also be said to be the capital available to businesses, the government,as well as other firms in need.
A treasurer in the other hand is an individual responsible for the financial management of an organization. By financial management of an organization, a treasure has the responsibility of analyzing and balancing the organization's bank statements, choosing what banks to be used by the organization, etc among other things.
Since a treasurer is responsible for managing financial service. of an organization, the treaurer reserves the power to sell to anyone on credit the treasure will know how to include that in the financial statement.
Cheers.
A company that uses accrual-basis accounting purchased equipment on July 1 of the current year for $20,000. The company expects to use the equipment consistently for four years, and will record ________ depreciation in its December 31 financial statements.
Answer: $2,500
Explanation: Accrual basis of accounting is an accounting technique where revenue and expenses are recorded before payment is made. Revenue is recorded once the transaction is earned even if payment is to be made in the future. Similarly, expenses are recorded before payment is made to the service provider. This is unlike the cash method where transactions are recorded only when payment is made either in terms of revenue or expenses.
Therefore, in the question above.
$20,000 machinery is recorded as expenses
For 4 years, starting from 1st July of current year:
$20,000 ÷ 4 = $5,000 each year(30th June of each year)
31st December = 6 months or half a year
$5,000÷2 = $2,500
Pam sees that the price of bananas has risen in the grocery store. All else equal, she decides to buy more tangerines than she normally purchases. From the information given, you might conclude that:a. tangerines and bananas are complements.
b. tangerines are an inferior good.
c. tangerines and bananas are substitutes.
d. bananas are a luxury good.
Answer:
Option (c) is correct.
Explanation:
Given information states that bananas and tangerines are substitute goods. We know that the cross price elasticity of substitute goods is positive which means that there is a positive relationship between the price of one good and the quantity demanded for substitute good.
Therefore, in our case as the price of bananas increases and all the other factors remains constant then as a result the quantity demanded for tangerines increases.
Danielle vwill be offering a tool sharpening service at her garden and landscaping stor on the first Tuesday of every month She assumes that this will be a need of her customers, and they will heip spread the word about her location and services Which of the following BMC elements is Daniel'e addressing? a. value proposition b. customer relationships c. market segmentation d. customet loyaity plans
Answer:
b. customer relationships
Explanation:
Based on the information provided within the question it can be said that in this scenario Danielle is addressing the element of customer relationships. This term refers to the ways that a company or individual engages with the customers in order to improve the experience that those customers have with the company. This leads to good customer experience which creates customer loyalty and thus increases sales.
Over the next three years, the expected path of 1-year interest rates is 4, 1, and 1 percent. The expectations theory of the term structure predicts that the current interest rate on 3-year bond is _____.(a) 1 percent.(b) 2 percent.(c) 3 percent.(d) 4 percent.(e) 5 percent.
Answer:
B) 2 percent.
Explanation:
to calculate the expected interest rates we just add the forward rates: 4 + 1 + 1 = 6, and then divide by 3 (the number of forward rates, not the number of years): 6 / 3 = 2
The expectations theory of the term structure states that investors will predict the value of future short term interest rates using the values of current forward rates.