Answer:
This question is incomplete. However, since it is talking about payback period. You can calculate it as shown below.
Explanation:
Payback period is the number of years it takes a project's expected future cash inflows to fully recover the initial amount invested.
Year CF Net CF
0 -800,000 -800,000
1 300,000 300,000 -800,000 = -500,000
2 350,000 350,000 -500,000 = -150,000
3 400,000 400,000-150,000 = 250,000
Payback period = Last year with negative net CF + (absolute net CF that year/ total CF the following year)
Payback period = 2 + (150,000/400,000)
= 2 +0.375
= 2.375
Therefore, it will take 2.38 years which is more than the required 2 years so you should reject this project.
The mean salary of federal government employees on the General Schedule is $59,593. The average salary of 30 state employees who do similar work is $58,800 with \sigmaσσ= $1500. At the 0.01 level of significance, can it be concluded that state employees earn on average less than federal employees?
Answer:
[tex]z=\frac{58800-59593}{\frac{1500}{\sqrt{30}}}=-2.896[/tex]
[tex]p_v =P(Z<-2.896)=0.00189[/tex]
If we compare the p value and the significance level given [tex]\alpha=0.01[/tex] we see that [tex]p_v<\alpha[/tex] so we can conclude that we have enough evidence to reject the null hypothesis, so we can conclude that the average for the employes earn is less than 59593$ at 1% of significance.
Explanation:
1) Data given and notation
[tex]\bar X=58800[/tex] represent the sample mean
[tex]\sigma=1500[/tex] represent the population standard deviation
[tex]n=30[/tex] sample size
[tex]\mu_o =59593[/tex] represent the value that we want to test
[tex]\alpha=0.01[/tex] represent the significance level for the hypothesis test.
z would represent the statistic (variable of interest)
[tex]p_v[/tex] represent the p value for the test (variable of interest)
2) State the null and alternative hypotheses.
We need to conduct a hypothesis in order to check if the mean is less than 59593, the system of hypothesis would be:
Null hypothesis:[tex]\mu \geq 59593[/tex]
Alternative hypothesis:[tex]\mu < 59593[/tex]
Since we know the population deviation, is better apply a z test to compare the actual mean to the reference value, and the statistic is given by:
[tex]z=\frac{\bar X-\mu_o}{\frac{\sigma}{\sqrt{n}}}[/tex] (1)
z-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".
3) Calculate the statistic
We can replace in formula (1) the info given like this:
[tex]z=\frac{58800-59593}{\frac{1500}{\sqrt{30}}}=-2.896[/tex]
4)P-value
Since is a left tailed test the p value would be:
[tex]p_v =P(Z<-2.896)=0.00189[/tex]
5) Conclusion
If we compare the p value and the significance level given [tex]\alpha=0.01[/tex] we see that [tex]p_v<\alpha[/tex] so we can conclude that we have enough evidence to reject the null hypothesis, so we can conclude that the average for the employes earn is less than 59593$ at 1% of significance.
During Year 1, Ashkar Company ordered a machine on January 1 at an invoice price of $25,000. On the date of delivery, January 2, the company paid $9,000 on the machine, with the balance on credit at 11 percent interest due in six months. On January 3, it paid $600 for freight on the machine. On January 5, Ashkar paid installation costs relating to the machine amounting to $2,800. On July 1, the company paid the balance due on the machine plus the interest. On December 31 (the end of the accounting period), Ashkar recorded depreciation on the machine using the straight-line method with an estimated useful life of 10 years and an estimated residual value of $3,100.a. Compute the acquisition cost of the machine.b. Compute the depreciation expense to be reported for Year 1.c. What would be the net book value of the machine at the end of Year 2?
Answer:
a. $28,400
b. $2,530
c. $23,340
Explanation:
a.
The acquisition cost of the machine is the sum of all the expenses that are necessary to put the machine in operation, which are calculated as:
Purchasing cost + Installation cost + Freight cost = 25,000 + 600 + 2,800 = $28,400
b.
Depreciation expenses in year one = (Acquisition cost - Residual value) / Useful life = (28,400-3,100)/10 = $2,530.
c.
Net book value of the machine in year 2 = Acquisition cost - Depreciation expenses in one year x 2 in which Depreciation expenses in one year x 2 = Depreciation in Year 1 x 2 because in Year 1, the depreciation expenses is calculated for full-year calendar.
Thus, Net book value of the machine in year 2 = 28,400 - 2,530 x 2 = 23,340.
The acquisition cost of the machine is $28,400. The depreciation expense for Year 1 is $2,530, and the net book value at the end of Year 2 is $23,340.
Explanation:The acquisition cost of the machine is calculated by adding the invoice price, freight charges, and installation costs. Therefore, the acquisition cost is $25,000 (invoice price) + $600 (freight charges) + $2,800 (installation costs) = $28,400.
The depreciation expense for Year 1 is calculated using the straight-line method, which involves dividing the difference between the acquisition cost and the residual value by the estimated useful life. Therefore, the depreciation expense is ($28,400 - $3,100) / 10 = $2,530.
The net book value at the end of Year 2 would be calculated by deducting two years of depreciation expense from the acquisition cost. Therefore, the net book value is $28,400 - (2 * $2,530) = $23,340.
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A company has two departments, Y and Z that incur delivery expenses. An analysis of the total delivery expense of $9,000 indicates that Dept. Y had a direct expense of $1,000 for deliveries and Dept. Z had no direct expense. The indirect expenses are $8,000. The analysis also indicates that 40% of regular delivery requests originate in Dept. Y and 60% originate in Dept. Z. Departmental delivery expenses for Dept. Y and Dept. Z, respectively, are:
Answer:
$4,200 and $4,800
Explanation:
The computation of the Departmental delivery expenses are shown below:
For Dept. Y
= Direct expense + indirect expense × given percentage
= $1,000 + $8,000 × 40%
= $1,000 + $3,200
= $4,200
For Dept Z
= Indirect expense × given percentage
= $8,000 × 60%
= $4,800
Simply we multiplied the expenses with the percentage given
Department Y's total delivery expenses would be $4,200 and Department Z's would be $4,800.
Explanation:The total delivery expense for the company is $9,000 out of which Dept. Y incurred a direct expense of $1,000. This leaves $8,000 as indirect costs. The indirect expenses are then divided based on the percentage of deliveries originating from each department: 40% for Department Y and 60% for Department Z. Therefore, Department Y's total delivery expenses would be $1,000 (direct) + $8,000 * 40% (indirect) = $4,200. Department Z, which had no direct expenses, would have expenses equal to $8,000 * 60% (indirect) = $4,800.
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The current price of silver is $45 per ounce and the cost of storing this silver is $1 per ounce payable at the end of 9 months. Assuming that interest rates are 12% per annnum continuously compounded for all maturities, what is the upper bound for the futures price of silver for delivery in one year?a)$57.82b)$51.77c)$41.82d)$47.77
Answer:
The answer is b)$51.77.
Explanation:
The upper bound of future price is equal to the future value of:
- The current price of silver compounded continuously for one-year ( that is, one period); plus
- The future value of the storing cost compounded continuously for 0.25 year ( that is, 3 months calculated as 12 months minus 9 months).
Thus, upper bound of future price is calculated as below:
45 x e^12% + 1 x e^[12% x(3/12)] = 50.737 + 1.030 = $51.77 ( round to 2 decimal places).
So, the answer is b) $51.77.
Jallouk Corporation has two different bonds currently outstanding. Bond M has a face value of $50,000 and matures in 20 years. The bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. Bond N also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. The required return on both these bonds is 10 percent compounded semiannually. What is the current price of Bond M and Bond N? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Answer
Current Price of Bond M = $25,202
Current Price of Bond N = $7,102
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
When auto manufacturer BMW purchased the RollsminusRoyce brand name, BMW had to hire and train a new staff of assembly workers. The new workers were paid $ 23.00 per hour, worked a total of 7 comma 000 hours, and produced 1 comma 600 cars. BMW budgeted for a standard labor rate of $ 28.00 per hour and 3.25 direct labor hours per car. What is the direct labor efficiency variance for the RollsminusRoyce division? A. $ 50 comma 400 favorable B. $ 50 comma 400 unfavorable C. $ 41 comma 400 unfavorable D. $ 41 comma 400 favorable Click to select your answer.
Answer:
B. $ 50 comma 400 unfavorable
Explanation:
The formula to compute the labor efficiency variance is shown below:
= Standard labor rate × (Standard hours for actual output - Actual hours)
where,
Standard labor rate is $28
Standard hours for actual output would be
= 1,600 cars × 3.25 direct labor hours per car
= 5,200 hours
And, the actual hour is 7,000 hours
Now put these values to the above formula
So, the value would equal to
= $28 × (5,200 hours - 7,000 hours)
= $50,400 unfavorable
Mervon Company has two operating departments: Mixing and Bottling. Mixing has 350 employees and Bottling has 350 employees. Indirect factory costs include administrative costs of $162,000. Administrative costs are allocated to operating departments based on the number of workers. Determine the administrative costs allocated to each operating department.
Answer:
Allocated administrative cost for mixing is $81000
And allocated administrative cost for for bottling is $81000
Explanation:
We have given total number of employs for mixing = 350
And total number of employs for bottling = 350
Administrative cost = $162000
So total number of employs = 350+350 = 700
So allocation base for mixing [tex]=\frac{350}{700}=0.5[/tex]
So allocated amount for mixing = 0.5×$162000 = $81000
Allocation base for bottling = [tex]=\frac{350}{700}=0.5[/tex]
So allocated amount for bottling = 0.5×$162000 = $81000
Which of the following is an example of the assetasset demand for money?
(A) Marianne uses money in her checking account to buy groceries every week.Marianne uses money in her checking account to buy groceries every week.
(B) Joan believes that gold is an excellent store of value.
(C) Since the stock market has been volatile lately comma Jean holds most of her savings in a bank account.Since the stock market has been volatile lately, Jean holds most of her savings in a bank account.
(D) Carla keeps $ 2,000 in a bank account in case of emergencies.Carla keeps $2,000 in a bank account in case of emergencies.
Answer:
(D) Carla keeps $ 2,000 in a bank account in case of emergencies.
Explanation:
In general, we could say that money have these necessary functions on the economy:
1) Money is a medium of exchange
2) Money is a measure of value
3) Money is a store of value
Depending upon the functions above, there will be appearing of the demand for the money. Now, there are 2 types of demand for money:
1) Transactional Demand- is the keeping the money for purchasing. It means you always need some money to conduct your transactions as well. So we could say that, a medium of exchange function of money coincides with this demand type.
2) Asset Demand-is something about keeping the money as a financial asset or creating a store of value for later use. So the liquidity of the money is very essential for this type of demand. Additionally, measure of value and store of value functions will be the characteristics of this type of demand.
In the option A, the point is about purchasing so it is transaction demand. In the option B, there is not any talking about storing the money, but even if he stores the money as gold investment, it will not be liquidity meaning that is why not the asset demand because the prices and values of gold will be changed easily according to the currency. In the option C, the case is about the stocks so there is volatility and the volume of the money will be very volatile and this cannot be considered as an asset. However, in the option D, there is money on the bank account just the store of cash and it could be used as an asset on emergent moments.
Which of the following is not correct?
a. A risk averse person might be willing to hold stocks.
b. Other things the same, a portfolio with the stocks of a large number of companies has less risk.
c. Other things the same, the larger a portion of savings a person invests in stocks, the greater his expected return.
d. Diversification can eliminate market risk but not firm-specific risk.
Answer:
Option D is not correct
Explanation:
Diversification is a method which is used to reduce firm-specific risk. Investors try to construct a portfolio which helps to maintain a reasonable profit. Market risk which is the Beta cannot be eliminated and every firm has to bear it, no matter how the portfolio is constructed. For example, if an investor invests in two stocks, if one stock goes down the other will compensate the negative returns. So, diversification is a technique to reduced firm-specific returns.
Edit question Utah Light, Inc. has a takeover offer from Cal Corp. Utah Light is experiencing difficulty with earnings and its share price has dropped from $32 to $19. Cal Corp's offer is for $23 per share. Utah Light's board meets once and reaches a general consensus after thirty minutes that because of pending plans and developing assets, it should not accept the offer as the actual value of the company is at least $30 a share - in their estimation.
1. Must the board accept the offer?
2. If they reject it, have they exposed themselves to any liability to the shareholders? Why, or why not?
Answer:
1. They do not have to accept the offer 2. No, if there is clear opportunity to continue with the business, the board is not exposing shareholders to any loss.
Explanation:
The stock value of a company is a valuation given by the market with the available information. It is believed that company's management team has more accurate information about the company and if their own calculation says that the company valuation is about $23 (in this case $30) the shareholders should believe in the management team criteria. Could be thought that Utah Light's board destroyed the premium of $4 per share that Cal Corp was intended to pay. Instead, what the board did was to avoid the destruction of $7 per share. The stock valuation could change in time (it is not definitely), but if they accept the takeover offer, the destruction of value will be definitive.
our firm experiences strong seasonal demand, based on financial quarters. You have calculated the following seasonal relatives (or "indices") for each quarter: First Financial Quarter: 0.5 Second Financial Quarter: 1.0 Third Financial Quarter: 1.25 Fourth Financial Quarter: 1.25 The marketing department has just forecasted that 10,000 units will be ordered in the next fiscal year. The operations manager wants you to tell her how many units will be ordered in the fourth quarter of next fiscal year. What is your answer
Answer: 3,125 UNITS
Explanation:
According to the question above, the seasonal relatives for each quarter for the current year financials has been calculated thus:
1st quarter 0.5
2nd quarter 1.0
3rd quarter 1.25
4th quarter 1.25
using the above relatives to calculate what the next fiscal year order will be:
Total relatives above = 4.0
for the 4th quarter for the next year order :
= 1.25/4.0 * forecasted qty to be ordered for the next fiscal year
=1.25/4.0 * 10,000
0.3125 * 10,000
=3,125 units will be ordered in the forth quarter of the next fiscal year.
The number of units that would be ordered in the next fiscal year would be 3125
The financial report
The first quarter = 0.5
The second quarter = 1.0
The third quarter = 1.25
The fourth quarter = 1.25
0.5+1+1.25+1.25 = 4
The relatives are 4
The solution for the 4th quarter[tex]\frac{4thQuarter}{TotalRelatives} \\\\= \frac{1.25}{4}[/tex]
= 0.3125
The number of the units in the fiscal year would be 0.3125*10000
= 3,125 units
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Which is NOT a step in the cost-benefit analysis? Select one: a. determination of tradable emissions b. calculation of the net profit c. identification of the project d. determination of all impacts
Answer:
The correct answer is A
Explanation:
CBA sands for Cost - Benefit Analysis, is the analysis tool which is used to analysis the cost as well as benefits associated with the project. It comprise of the benefits or advantage of the course of action and then these are compared with the cost linked with it.
The steps followed in the analysis are:
1. Brainstorm Benefits and Cost
2. Allocate monetary value to the benefits
3. Allocate monetary value to the Costs
4. Compare Costs with Benefits
Therefore, determination of tradable emissions is not the step.
Option a. determination of tradable emissions is not the step in the cost-benefit analysis.
The following are the steps of the cost-benefit analysis.
Net profit computation.Determination of all impacts. Project identification. The option 1 is known as benefit-cost analysis.Therefore we can conclude that Option a. determination of tradable emissions is not the step in the cost-benefit analysis.
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In order for "limit pricing" to be effective, the firm practicing such a strategy must be able to charge a price that is:________
a. greater than the potential entrant's ATC but lower than the firm's own ATC.
b. lower than the potential entrant's ATC but greater than the firm's own AVC.
c. lower than the potential entrant's ATC but greater than the firm's own ATC.
d. greater than the potential entrant's ATC but lower than the firm's own AVC.
In order for "limit pricing" to be effective, the firm practising such a strategy must be able to charge a price that is lower than the potential entrant's ATC but greater than the firm's own ATC.
Explanation:
A pricing strategy is a level where products are sold by a supplier at an expense that is cheap enough to make the market unprofitable for others. Monopolies use it in order to discourage market entry and in many cases it is illegal.
It is not able to sustain a monopolistic-ally profitable firm where P = MC and growth, with a long-run balance, generates an efficiency that approaches the minimum possible in an ATC business. Profit so long as potential customers can not enter the market.
Assume there is an increase in demand in a perfectly competitive market that was initially in long-run equilibrium. Which of the following statements is false?
a. Consumers have shown that they now consider the good to be more valuable.
b. In the short-run profits will be lower than normal.
c. Resources from other industries will be attracted into the market.
d. Over time, the market supply curve will shift right
Answer:
b. In the short-run profits will be lower than normal.
Explanation:
a. An increase in demand means that customer desire for that good has increase. Thus, it is fair to infer that consumers have shown that they now consider the good to be more valuable.
b. It is actually quite the opposite, in the short-run, companies will be able to raise their prices and profits will be higher than normal.
c. The opportunity related to the increase in demand could be enough to attract resources from other industries into the market.
d. Since this is a perfectly competitive market, it tends to reach equilibrium and the market supply curve will shift right.
The false statement is alternative b.
Kingbird, Inc. reported net income of $195,450 for 2022. Kingbird, Inc. also reported depreciation expense of $33,810 and a loss of $5,040 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $14,650 for the year, a $16,350 increase in accounts payable, and a $4,030 increase in prepaid expenses.
Prepare the operating activities section of the statement of cash flows for 2022. Use the indirect method.
Kingbird, Inc.'s cash flow from operating activities for the year 2022 is calculated at $231,970, attained through adjustments in net income, depreciation, losses from asset disposals and changes in account receivables, payables and prepaid expenses.
Explanation:To calculate the cash flow from operating activities using the indirect method, we start with the net income and add or subtract changes in balance sheet items. The indirect method adjusts net income for items that affected reported net income but did not affect cash. Here are the calculations:
Start with net income: $195,450 Add depreciation expense: $195,450 + $33,810 = $229,260 Add loss from disposal of plant assets: $229,260 + $5,040 = $234,300 Subtract increase in accounts receivable: $234,300 - $14,650 = $219,650 Add increase in accounts payable: $219,650 + $16,350 = $236,000 Subtract increase in prepaid expenses: $236,000 - $4,030 = $231,970So, the cash flow from operating activities according to the indirect method is $231,970.
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Due to political instability in the country of East Gerdon, the strategic leaders at the headquarters of Mako Manufacturing have decided to close all production facilities in the country until stability returns. Mako's managers have formulated a _____-level strategy.
Answer: Corporate
Explanation:
The corporate level strategy is one of the business strategy which is used for maximizing the organization profitability by managing the status of the selling the products and the services in the market.
This types of strategy also helps in maintaining the future financial status of the company and it also increase the competition in the market by selling the unique products and the services.
According to the given scenario, the Mako's manager is using the corporate level strategy as the company decided to closing all the production due to the political instability in the market.
Therefore, Corporate level strategy is the correct answer.
Which of the following would make it easier to maintain an effective collusive agreement in a cartel?
An increase in the number of potential entrants into the industry.
A decrease in the elasticity of demand for the cartel's product.
An increase in the number of substitutes for the product produced by the cartel.
A new method of pricing that makes it more difficult for each firm to monitor the prices that the other firms in the cartel are charging.
Answer:
A decrease in the elasticity of demand for the cartel's product.
Explanation:
The cartel is under the control of companies operating in the same area. This is undesirable. It is concluded between businesses and these contracts prevent competition. Such arrangements are also prevented by governments, which aims to promote competition among governments across the country. This type of arrangement creates unity and demonstrates business behavior in activities that prevent other competitors from entering the sector.
Adverse effects on consumers include:
1) Higher prices - cartel members can raise prices, which reduces the demand elasticity of any member.
2) Lack of Transparency - Members may agree to hide prices or hide information such as hidden charges in credit card transactions.
3) Limited production - Members may agree to limit market production, such as OPEC and oil quotas.
4) Build Market - Cartel members can collectively divide a market into regions or regions and not compete in each other's territory.
A decrease in the elasticity of demand for the cartel's product would make it easier to maintain an effective collusive agreement, as it reduces the incentive for firms to cheat by undercutting prices.
Explanation:To maintain an effective collusive agreement in a cartel, it would be easier if there was a decrease in the elasticity of demand for the cartel's product. This is because a less elastic demand means that a change in price will have a smaller effect on the quantity demanded, reducing the incentive for firms to undercut each other on price. On the contrary, both an increase in the number of potential entrants into the industry and an increase in the number of substitutes for the product produced by the cartel, as well as a new pricing method that hinders price monitoring, would all make it harder to maintain a collusive agreement.
A cartel attempts to act like a monopolist to maximize profits by setting higher prices and reducing output. However, individual firms within the cartel have an incentive to cheat by slightly undercutting the cartel price to increase their market share and profit. If one firm cheats, and the others follow, the result is often akin to the firms entering into cutthroat competition, which may reduce profits for all.
Mexico's real GDP was 1,761 billion pesos in 2005 and 1,822 billion pesos in 2006. Mexico's population growth rate in 2006 was 1.5 percent. Calculate Mexico's economic growth rate and growth rate of real GDP per person in 2006.
Answer:
The economic growth rate of Mexico in 2006 was 3.46%
Growth rate of real GDP per person =1.96%
Explanation:
In order to find the economic growth rate we will use the formula
(Real GDP in 2006-Real GDP in 2005)/Real GDP in 2005
(1822-1761)/1761
=61/1761=0.034=3.46%
The real GDP growth per person growth rate can be calculated by
(2006 Economic growth rate- Population growth rate)
3.46-1.5=1.96
Craig, a high school student, wakes up early on a Sunday morning and makes his mother's favorite chocolate cake and butterscotch cookies. He wants to seek permission for a week-long trekking trip and is sure that the cake and cookies will get his mother in a good mood. This scenario most likely exemplifies ingratiation. consultation. legitimizing tactics. coalition tactics.
Answer:
The correct answer is letter "A": ingratiation.
Explanation:
The ingratiation technique has the objective to persuade people to do something after a favor or desirable action has already been given to those people. Ingratiation actions could be simple such as smiling to someone, being friendly, cheerful, positive, and showing interest in other people.
Final answer:
Craig's action of making treats for his mother to gain permission for a trip exemplifies the concept of ingratiation.
Explanation:
The scenario presented where Craig makes his mother chocolate cake and butterscotch cookies to get her in a good mood for permission for his trekking trip is an example of ingratiation. Ingratiation involves making others feel good about themselves through flattery or kind actions before or during an attempt to influence them. This definition aligns with the actions of Craig, as he hopes that by pleasing his mother with her favorite treats, she will be more inclined to grant permission for his trip.
The ability to generate future revenues and meet long-term obligations is referred to as:________a. Liquidity and efficiency.b. Solvency.c. Profitability.d. Market prospects.
Answer:
The correct answer is B
Explanation:
Solvency is the term which is described or defined as the ability or the capability of the company or firm to meet or fulfill its long term debts and also the financial obligations.
It is vital for staying in the business as it states the ability of the company for continuing the operations into the foreseable future.
Therefore, the ability for generating the future revenues or profits and meet the long term liabilities is known as the Solvency.
When a customer enters a store there are three outcomes that can occur: buy nothing, buy a small amount, or buy a large amount. In this situation, if a customer buys a large amount, he or she cannot also buy a small amount or buy nothing. Thus the events are:
A) all inclusive.
B) mutually exclusive.
C) dependent events.
D) independent.
Final answer:
The outcomes of a customer's shopping behavior are mutually exclusive because each outcome excludes the others from occurring simultaneously, and considering all possibilities, they are exhaustive, leading the sum of their probabilities to equal 1. Hence, the correct option is B.
Explanation:
When a customer enters a store, they have three possible outcomes: buy nothing, buy a small amount, or buy a large amount. These outcomes are mutually exclusive because the occurrence of one outcome excludes the possibility of any other occurring at the same time. For instance, if a customer buys a large amount, it is not possible for them to also buy a small amount or buy nothing within the same shopping instance. Mutually exclusive events have a property such that P(A AND B) = 0, which means that the probability of both events happening at the same time is zero.
Moreover, when we consider all possible outcomes and they are mutually exclusive like in this scenario, they should also be exhaustive. This implies that the sum of the probabilities of all possible outcomes is equal to 1. This concept is a part of the foundational axioms of probability, where each event in a sample space is part of an exhaustive and mutually exclusive partitioning of the possible outcomes.
Explain the differences in working cultures in the U.S. verses Japan. How is leadership affected? Minimum of 100 words
Explanation:
There are many differences in the working culture between the USA and Japan. This is based on the country's own culture which consequently also impacts labor relations. The main similarities are the long workday and short vacation time.
But what happens is that the workplace in the US is less informal and more based on individuality, employees need to be more motivated to be motivated to develop skills and competencies, which requires a more flexible, employee-oriented leadership style. .
In Japan, the workplace is more formal, the Japanese are more likely to follow orders and develop a greater group mentality to obtain results, but always seeking the approval of superiors, which translates into a more inflexible leadership style. , focused on results and not on individual motivation.
Final answer:
U.S. and Japanese working cultures differ in their focus on individualism versus group orientation, perceptions of competition, and leadership styles, with the U.S. being more competitive and individualistic while Japan emphasizes group harmony. Leadership in Japan is more democratic, and there is a notable discrepancy in the advancement of women in the workplace compared to the U.S.
Explanation:
The working cultures in the U.S. and Japan differ significantly, particularly in their approach to group orientation, competition, and leadership styles. While the U.S. culture is more individualistic and competitive, Japan emphasizes group cohesion and collective progress. In Japan, employees are often hired and promoted as a cohort, fostering group identity and reducing individual competition. This collective approach extends to leadership, which is generally more democratic in Japanese companies, with workers regularly contributing to discussions about their jobs and corporate goals. Conversely, the U.S. favors a more individualistic, performance-oriented approach, and leadership can often be more authoritarian. Moreover, competition is viewed positively by a larger portion of the American population compared to Japan, where harmony and community are more valued in the workplace.
The role of women in the workplace also contrasts, with Japan historically excluding women from higher-level positions, thereby neglecting their potential contributions. This differs from the more progressive stance in the U.S., although both nations are challenged by deeply ingrained cultural norms. Lastly, it's important to recognize that leadership theories are predominantly developed in and for Western cultures, which may not be fully applicable in different cultural contexts such as Japan.
Which of the following is a problem that could likely be minimized throughgood deployment planning? [35a. Identify system supportability issues in planning and executing a defense acquisition program.]
a. Inadequate training
b. Interoperability needs
c. Insufficient modeling and simulation
d. Inadequate testing
Answer:
The correct answer is letter "A": Inadequate training.
Explanation:
The deployment plan describes the design, strategy, and implementation of the project to be implemented. The plan takes into consideration a support system, problem follow-up, and roles of the personnel involved during every single step of the project.
Inadequate training can be successfully taken cared of within the deployment plan. One of its steps includes clarifying what are the responsibilities of each person involved.
During December, Far West Services makes a $2,400 credit sale. The state sales tax rate is 6% and the local sales tax rate is 2.5%. (Note: the sales tax amount is in addition to the credit sale amount.) Record sales and sales tax payable.
Final answer:
To record the sales and sales tax payable for the $2,400 credit sale, you would debit accounts receivable for $2,400 and credit sales for $2,400. Then, you would calculate the sales tax payable by multiplying the total credit sale amount by the combined state and local sales tax rate. Finally, you would debit sales tax payable for $204 and credit sales tax revenue for $204 to reflect the amount owed for sales tax.
Explanation:
To record the sales and sales tax payable for the $2,400 credit sale, you would debit accounts receivable for $2,400 and credit sales for $2,400. Then, you would calculate the sales tax payable by multiplying the total credit sale amount by the combined state and local sales tax rate:
Sales tax payable = Credit sale amount * (State tax rate + Local tax rate)
Plugging in the values:
Sales tax payable = $2,400 * (0.06 + 0.025) = $2,400 * 0.085 = $204
Finally, you would debit sales tax payable for $204 and credit sales tax revenue for $204 to reflect the amount owed for sales tax.
On January 1, 2013, Goll Corp. issued 3,000 of its 10%, $1,000 bonds for $3,120,000. These bonds were to mature on January 1, 2023 but were callable at 101 any time after December 31, 2016. Interest was payable semiannually on July 1 and January 1. On July 1, 2018, Goll called all of the bonds and retired them. Bond premium was amortized on a straight-line basis. Before income taxes, Goll's gain or loss in 2018 on this early extinguishment of debt was Group of answer choices $30,000 loss. $24,000 gain. $90,000 gain. $36,000 gain.
Answer:
$24,000 Gain
Explanation:
Given that,
Bonds issued = 3,000
Par value = $1,000
Value of issued bonds = $3,120,000
Goll's gain in 2018 on this early extinguishment of debt:
= Issue price of bonds - Premium amortized - Callable value
= $3,120,000 - [($3,120,000 - $3,000,000) × 11/20] - (3,000 × $1,000 × 1.01)
= $3,120,000 - $66,000 - $3,030,000
= $24,000 Gain
Consider the following: Cash in Bank - checking account of $13,500, Cash on hand of $500, Post-dated checks received totaling $3,500, and Certificates of deposit totaling $124,000.
How much should be reported as cash in the statement of financial position?
a. $ 13,500.b. $ 14,000.c. $ 17,500.d. $131,500.
Answer:
b. $ 14,000
Explanation:
For closing balance of cash in the statement of financial position, only cash received and on hand is recorded. Post dated checks probably have not been presented to the bank yet and thus would not be included. Certificates of deposit correspond to savings account and thus will not be part of the checking or hard cash account. The only amounts to be recorded on balance sheet are,
Cash = 13,500 + 500 = $14,000
Hope that helps.
Answer:
=b. $ 14,000.
Explanation:
Cash to reported in the statement of Financial Position= Checking account balance+ Cash on hand
= $13,500+$500
=$14,000
Post-dated checks received is not considered as cash because cash has not been received. Cash is expected in the future when the checks are presented for payment and it is hourned.
Certificates of deposit is a tenured deposit or fund which cannot be withdrawn on demand without a notice or expiration of the period in the agreement.
Checking account balance can be converted to cash immediately.
A company claims that 20% of their mixed nuts are cashews, 30% are almonds, and the rest are peanuts and that they thoroughly mix millions of nuts and a machine shoots them into packages of 200. In other words, individual packages will vary in their nut distribution just due to random chance. To test their claim I bought a package of their mixed nuts. It contained 200 nuts. I counted 25 cashews, 50 almonds, and 125 peanuts.
In the tested package, the percentage distribution of cashews (12.5%), almonds (25%) and peanuts (62.5%) varied from the company's claims due to random distribution. However, a single package is a small sample size and may not accurately reflect the company's claimed distributions.
Explanation:The company represents the types of nuts in their mix as percentages, which implies that over a large number of mixed nut packages, approximately 20% will be cashews, 30% almonds, and the remaining 50% peanuts. In a single package, due to random distribution, these percentages could change.
In your package of 200 nuts, 12.5% were cashews (25 cashews), 25% were almonds (50 almonds), and 62.5% were peanuts (125 peanuts). The percentage of cashews and almonds are lower than the company's claim, while the percentage of peanuts is higher.
However, before making conclusions about the company's integrity, it would be wise to understand the concept of randomness and variation in statistics. Sample size matters, and a variation from expected results in a single packet does not necessarily indicate a lie or mistake.
Learn more about Statistical Distribution here:https://brainly.com/question/22101798
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If you were assigned to prepare a capital expenditure budget request, what two people would you most want to have on your team? Why? How would you expect to use them? What are the key elements of the proposal and who would create them from your team?
Such assets include things like property, equipment, and infrastructure. Capital expenditures usually take two forms: maintenance expenditures and expansion expenditures. Due to their substantial initial costs, irreversibility, and long-term effects, capital expenditure decisions are very critical to an organization.
John has an extra bedroom in his house that he occasionally rents out using the service Airbnb. John charges $100 per night, and his room is occupied by a renter approximately 100 nights per year. He thinks that if he repaints the room the photos he posts on Airbnb to draw customers will be more attractive, allowing him to charge $110 dollars per night and to rent the room for 120 nights per year. John's tax rate is 28%. What is the annual, afterdashtax, incremental revenue that John expects from his painting project?
Answer:
C. $2304
Explanation:
The annual, after-tax, revenue is:
$100 × 100 nights = 10000.
The tax rate is 28% of 10000 : 0.28 of 10000
Therefore 0.28 × 10000 = 2800.
Revenue = 10000 - 2800 =7200
The annual, after-tax, incremental revenue is:
$110 ×120 nights = 13200.
The tax rate is 28% of 13200 : 0.28 of 13200
Therefore 0.28 × 13200 = 3696
Incremental revenue = 13200 - 3696 = 9504
Then, the subtract the initial revenue from the new revenue.
9504 - 7200 = 2304
Therefore, the annual, after-tax, incremental revenue that John expects from his painting project is $2304
A company's fixed operating costs are $370,000, its variable costs are $3.25 per unit, and the product's sales price is $5.65. What is the company's break-even point; that is, at what unit sales volume will its income equal its costs? Round your answer to the nearest whole number.
Answer:
$154,167
Explanation:
Break even point = where profit and loss = 0
so:
Fixed operating costs + (variable costs per unit × Units produced) = sales price × Units produced
$370,000 + ($3.25 × Units produced) = $5.65 × Units produced
$370,000 = $2.4 × Units produced
Units produced = $154,167
So company must produce $154,167 units to make it break even point.