Answer: An accounting firm specializing in tax returns
Explanation:
A Job-order costing system is used when a job is unique and so the costs associated with the different jobs cannot be accounted for in the same manner.
An Accounting firm that is specializing in tax returns will face unique costs per client that they provide their services for so they will have to use a Job order costing method to account for the costs associated with their individual clients.
Consider the following cash flow profile, and assume MARR is 15 percent/year. EOY NCF 0 $-105 1 $11 2 $11 3 $11 4 $11 5 $11 6 $11 a. What does Descartes' rule of signs tell you about the IRR(s) of the project? b. What does Norstrom’s criterion tell us about the IRR(s) of this project? c. What is the IRR(s) for this project? d. Is this project economically attractive?
Answer:
a. What does Descartes' rule of signs tell you about the IRR(s) of the project?
Descartes' rule of signs state that a project will have the same number of IRRs as the number of times its cash flows change of signs. In this case, there is only one change of sign, therefore, there is only one IRR.
b. What does Norstrom’s criterion tell us about the IRR(s) of this project?
Norstrom's criterion states that a project that has only one negative cash flow at the beginning and then has only positive cash flows, will have only one IRR.
c. What is the IRR(s) for this project?
-11.84%
d. Is this project economically attractive?
No, this project is definitely not economically attractive, you would lose money by investing in it.
Explanation:
EOY NCF
0 $-105
1 $11
2 $11
3 $11
4 $11
5 $11
6 $11
IRR = -11.84%
A pet products company is developing a dog feeding system that senses when a dog is hungry and dispenses food into its bowl. This product is marketed toward owners with long, unpredictable workdays who want their pet to remain on a regular eating schedule. The company has the complementary assets necessary to fully develop the product. There are also high barriers to imitating the innovation and a very limited number of competitors. Based on this information, the company should:
Answer:
Develop and market the product alone.
Explanation:
Marketing can simply be said to be an the activity, institution set and also ways of creating, communicating, delivering, and exchanging offerings that customers importantly needs, partners, and society at large. Product, place, price, and promotion are used to meet the needs and wants of the final consumer. Developing and marketing the product alone involves creating the product and finding different ways/means to get the consumer aware of the product and ensuring the consumer accept and buys the product but it needs a lot of planning. Succeeding in developing and marketing the product will bring about a lot of profit and recognition for the company.
Do you think the government is concerned with human rights, worker production, or something altogether different?
Answer:
I think the government is not concerned with human rights nor worker production.
Explanation:
I dont think that the government is concerned with human rights since they aren't doing several anything to ensure the dignity of human life in several levels of government, from the most basic human right to the least important, we are for example not doing anything about the homeless people, or we are not ensuring free education for our youth, we as a country have a problem with studying college cause the educational system is one of the most expensives in the world, and caring for the worker production is also somethign that we are not doing cause for example not everyone has free healthcare like Canada or other countries have, so I do think the government is concerned about things that are completely different.
Pharell works in the Government and Public Administration career cluster. Physical fitness and patriotism are very important to
him and he would like to travel to new places around the world. Which career pathway would best suit Pharell?
O Planning
O Governance
O Revenue and Taxation
O National Security
Answer:
O National Security
Explanation:
The Government and Public Administration cluster is composed of people who assist in enforcing the law. The cluster includes people in military workers, municipal clerks, and service clerks,
National security concerns the ability of a country to cater to its citizenry's protection and defense. Pharell liking for physical fitness and patriotism will make him a perfect fit for protecting the citizens and the country.
Answer:
Sorry im late but theyre right
Explanation:
An investment project costs $10,000 and has annual cash flows of $2,820 for six years. a. What is the discounted payback period if the discount rate is zero percent? (Enter 0 if the project never pays back. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the discounted payback period if the discount rate is 4 percent? (Enter 0 if the project never pays back. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the discounted payback period if the discount rate is 19 percent? (Enter 0 if the project never pays back. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answer: a). 3.55 years b). 3.90 years
c). 6 years
Explanation:a). A discount rate of 0% gives exactly the same amount when the cash flow is not discounted. For the project; cash flow of 3 years will give $2,820 × 3 =$ 8460
$10000 - $8460 = 1540
$1540/$2820 = 0.55
Therefore, discounted payback period = 3.55 years
b). At a dicount factor of 4%, the discounted cash flow will be $(2711.43 + 2607.37 + 2506.98) = $7825.78
$(10000 - 7835.78 )= 2174.22
$2174.22/$2410.54 =0.90
Therefore discounted payback period at 4% = 3.90 years
c). At a discounted rate of 19%, the cashflow per year reduces further. The discounted payback period will be 6 years. That is, $(2369.75 + 1991.38 + 1673.39 + 1406.24 + 1181.72 + 993.94) = $9615.52
What types of information do we disclose to others when forming a relationship? (site 1)
Answer:
self disclosure
Explanation:
if a $10,000 par t bill has a discount quote and a 180-day maturity, what is the market price of the instrument
Answer:
$9,787.50
Explanation:
Assuming that discount rate = 4.25%
Discount rate quote =4.25%
Par value = $10,000
Maturity = 180 days
Discount yield = (Par value - Price)/Par value * 360/ Days to maturity
0.0425=($10,000-Price)/$10,000 *360/180
0.0425=($10,000-Price)0.0002
0.0425 = $2 - 0.0002*PRICE
0.0002Price = $2 - 0.0425
0.0002Price = $1.9575
Price = 1.9575/0.0002
Price = $9,787.50
Hence, the market price of the instrument is $9,787.50
The Timberlake-Jackson Wardrobe Co. has 10.5 percent coupon bonds on the market with nine years left to maturity. The bonds make annual payments and have a par value of $1,000. If the bonds currently sell for $1,142.49, what is the YTM
Answer:
bébete la pastilla Randy jariel
Sue gets a total of 20 utils per week from her consumption of pizza and a totalof 40 utils per week from her consumption of yogurt. The price of pizza is $1per slice, the price of yogurt is $1 per cup, and she consumes 10 slices of pizzaand 20 cups of yogurt each week.
a. True
b. False
Answer:
The last part of the question is missing:
Sue is consuming the optimal combination of pizza and yogurt.The answer is TRUE
Since Sue obtains 20 utils form consuming pizza and spends $10, her utility per dollar obtained from consuming pizza = 20 / $10 = 2 util per dollar.
Since Sue obtains 40 utils form consuming yogurt and spends $20, her utility per dollar obtained from consuming yogurt = 40 / $20 = 2 util per dollar.
Since she obtains the same number of utils per dollar from pizzas and yogurt, then she is consuming the optimal combination.
if somebody asks me if i need help on my work and i say " no ty " , is that rude?
________ is called the first management function because all other management functions depend on it.
Answer:
planning
Explanation:
management function can be regarded as those functions that are needed in the organization for execution as well as acheiving the goals of the organization.
functions of managements that are needed for acheiving of organizational goals are;
✓planning
✓organizing
✓ leading
✓controlling.
It should be noted that planning called the first management function because all other management functions depend on it. Planning Helps to define the organizational goals, how the resources will be utilized, it helps to meet the objectives of the goals by looking into the future of the organization.
he Lo Sun Corporation offers a bond with a current market price of $1,029.75, a coupon rate of 8 percent, and a yield to maturity of 7.52 percent. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures
Answer:
8.5 years
Explanation:
The first point that is worthy of note here is that the bond's interest is paid on a semiannual basis , hence, the number of semiannual periods before maturity is computed below using Excel nper function:
=nper(rate,pmt,-pv,fv)
rate=semiannual yield to maturity=7.52%*6/12=3.76%
pmt=semiannual coupon=face value*coupon rate*6/12=$1000*8%*6/12=40
pv=current market price=$1,029.75
fv=face value=$1000
=nper(3.76%,40,-1029.75,1000)
nper=17
number of years until maturity=17/2=8.5 years
Prior to the write off of a $1,200 customer account, Jeffrey Company had the following account balances. Accounts Receivable: $65,500 and Allowance For Doubtful Accounts: $2,400. The net realizable value of the Accounts Receivable before and after the write-off was: Select one: a. Before After $63,100 $61,900 b. Before After $63,100 $65,500 c. Before After $63,100 $63,100 d. Before After $63,100 $60,700
Answer:
c. Before After $63,100 $63,100
Explanation:
the net realizable value of accounts receivable before the write off = $65,500 - $2,400 = $63,100
the journal entry to record the write off:
Dr Allowance for doubtful accounts 1,200
Cr Accounts receivable 1,200
Since the write off is covered by the allowance account (the balance of the allowance account = $2,400 - $1,200 = $1,200), it will not affect the net realizable value of accounts receivable.
Melissa knows that buying followers who do not exist may offer a quick and inexpensive way to meet short-term social media objectives. She also knows that the consequences likely will not be positive or productive. She must make a decision and that decision-making process is an example of
Answer: strategizing and ethical decision making
Explanation:
Based on the above scenario in the question, the decision-making process which Melissa will make is an example of strategizing and ethical decision making.
Ethical decision-making has to do evaluating different options which are available by an individual and choosing the best one which is considered to be good and ethical and won't be in about negative perception from others.
Lesco's is evaluating a project that has a different level of risk than the overall firm. This project should be evaluated:_______
a. Using the market beta.
b. Using the overall firm's beta.
c. Using a beta commensurate with the project's risks.
d. At the market rate of return.
e. At the T-bill rate of return.
Answer:
c. Using a beta commensurate with the project's risks.
Explanation:
As we know that for every kind of project the risk are differents also risk is different so the beta is also different as compared with the beta of the firm, beta of the market etc
So while evaluating a project that contains different level of risk so in this case the third option is appropriate and the same is to be considered
Hence, the c option is correct
A stock person who is laid off by a department store because retail sales across the country have decreased is _______ unemployed. Multiple Choice structurally chronically cyclically frictionally
Answer: cyclically unemployed
Explanation:
Structural unemployment occurs when the workers do not have the necessary skills that are required for a particular job.
Chronic unemployment simply means an unemployment that has been for a long period of time.
Cyclical unemployment occurs due to fluctuation in the business cycle. When there's recession or decline on the economy, cyclical unemployment increases as there'll be reduction in demand for goods and services.
Frictional unemployment occurs when workers search for jobs. It's the time spent while one is unemployed looking for another job.
Based on the explanation, the answer is cyclically unemployed.
Problem solving is best defined as what?
Explanation: The clinic nurse understands that problem solving is best defined as: Identifying the gap between "what is" and "what should be." The risk manager wants to evaluate the reasons for an increased number of falls on the rehab unit.
Answer:
its c
Explanation
The general role of marketing in our private enterprise system is to link
Answer:
The general role of marketing in our private enterprise system is to coordinate.... In effect, marketing serves as the connecting link, or bridge, between producers and consumers. Selling, distribution, and pricing are marketing functions.
Explanation:
hope this helps you.
What effect will lowering the estimate for the allowance for doubtful accounts have on the company's net income and Blair's bonus
Question Completion:
Anton Blair is the manager of a medium-size company. A few years ago, Blair persuaded the owner to base a part of his compensation on the net income the company earns each year. Each December he estimates year-end financial figures in anticipation of the bonus he will receive. If the bonus is not as high as he would like, he offers several recommendations to the accountant for year-end adjustments. One of his favorite recommendations is for the controller to reduce the estimate of doubtful accounts.
Answer:
The effect of lowering the estimate for the allowance for doubtful accounts on the net income of the company is the increased net income resulting from reduced bad debt expense.
The effect of lowering the estimate for the allowance for doubtful accounts on Blair's bonus is the increased bonus since his bonus is based on the increased net income.
Explanation:
Blair's practice is unethical and selfish. The accountant should never comply with such directive as it does not protect the interests of the stockholders. Rather, she should explain the implications of such practice clearly to Blair.
The best measure of a firm's sustainable income is: Select one: a. income before extraordinary items b. income from continuing operations c. net income d. income before extraordinary item and change in accounting principle
Answer: b. income from continuing operations
Explanation:
The Sustainable income of a firm refers to the income that it derives from its operations in order to be able to fund the company. The best measure of such would therefore be income from continuing operations.
Income from Continuing Operations are so named because they come from the operations that the firm still operates and have not shutdown or sold off. The income that these operations make is what will keep the company sustained in future as they are still in operation.
You are applying for a firm permit using a fictitious name(s). Which name is least likely to be misleading
Answer:
Shelby County Accounting Services
Explanation:
Options includes "a. Ray Butler, Jr. & Arthur Anderson, CPAs, b. Shelby County Accounting Services, c. Ray Butler & Karen Condon, CPAs, d. Official Municipal Auditing Firm of Tennessee."
Shelby County Accounting Services is the least name out of the rest to be misleading. The name depict the companies purpose at once, meaning one can easily deduce what the company is offering. The name also shows the leave of professionalism in the company service, thus, making it the least likely to be misleading compared to the other option.
What is the present value of a four-year annuity of $100 per year that makes its first payment 2 years from today if the discount rate is 9
Answer:
$297.22
Explanation:
Present value is the sum of discounted cash flows
present value can be calculated using a financial calculator
Cash flow in year 1 = 0
Cash flow each year from year 2 to 5 = 100
I = 9%
Present value = $297.22
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
A company is preparing a bid on a government contract for 40 units of a certain product. The operations manager estimates the assembly time required for the first two units to be 10.4 hours and 8.8 hours respectively. Approximately how long will it take to produce the last ten units?
Answer:
45.136 hours
Explanation:
learning rate = time needed to produce second unit / time needed to produce first unit = 8.8 hours / 10.4 hours = 0.8462 ≈ 85%.
time needed to produce the last 10 units = cumulative time needed to produce 40 units - cumulative time needed to produce 30 units
cumulative time needed to produce 40 units = 10.4 hour x 21.43 (cumulative improvement factor for 40 units, 85%) = 222.872 hourscumulative time needed to produce 30 units = 10.4 hour x 17.09 (cumulative improvement factor for 30 units, 85%) = 177.736 hourstime needed to produce the last 10 units = 222.872 hours - 177.736 hours = 45.136 hours
Saine Corporation will pay a $3.25 per share dividend next year. The company pledges to increase its dividend by 5 percent per year, indefinitely. If you require a return of 10.5 percent on your investment, how much will you pay for the company’s stock today?
Answer:
$59.10
Explanation:
P0 = D1/r-g
P0 = $3.25 / 0.105 - 0.05
P0 = $3.25 / 0.055
P0 = $59.09090909090909
P0 = $59.10
Thus, the price currently we will like to pay for the stock is $59.10
Examples of adjusting entries could include all of the following except: Group of answer choices Recording interest earned on bank account balances. Recording revenues earned by year end but not yet recorded. Recording the purchase of office supplies. Recording unpaid taxes. Recording the expiration of prepaid insurance.
Answer:
Recording the purchase of office supplies.
Explanation:
The adjusting entries are those entries which are required to record at the closing of the accounting period so that the balances of all the temporary accounts would be altered to match the accrual basis of accounting
In the given option, the third option is not covered as it is a simple business transaction that does not required any kind of adjustment
But all others required adjusting entries
Therefore the same is to be considered
A company is considering constructing a plant to manufacture a proposed new product. The land costs $300,000, the building costs $600,000, the equipment costs $250,000, and $100,000 additional working capital is required. It is expected that the product will result in sales of $750,000 per year for 10 years, at which time the land can be sold for $400,000, the building for $350,000, and the equipment for $50,000. All of the working capital would be recovered at the EOY 10. The annual expenses for labor, materials, and all other items are estimated to total $475,000. If the company requires a MARR of 15% per year on projects of comparable risk, determine if it should invest in the new product line. Use the AW method.
Answer:
The answer is "$ 70,245".
Explanation:
Annual value:
By using the following formula, capital expenditure can be calculated:
[tex]Investing \ capital = -LC- BC -EC -WC \\\\LC = \text{cost of land}\\ BC = \text{cost of construction}\\ EC = \text{cost of equipment} \\WC = \text{working capital}[/tex]
In the above equation, substitute the respective values as follows:
[tex]capital = -\$ 300,000- \$ 600,000- \$ 250,000-\$ 100,000[/tex]
[tex]= -$ 1,250,000[/tex]
The anticipated annual revenues or sales are at $750,000.
The following formula can be used to calculate the market value:
[tex]=SL+SB+SE[/tex]
Where,
[tex]SL = \text{Land sale price}\\\\ SB = \text{Construction market price}\\\\ SE = \text{equipment sales price}[/tex]
Replace the respective values in the equation of market value as follows:
[tex]Market \ value = 400,000+350,000+50,000[/tex]
[tex]=800,000[/tex]
Annual value calculation:
Calculation of the annual value is as follows:
[tex]= 750,000-475,000-1,250,000(\frac{i(1+i)^n}{(1+i)^n-1}) +900,000\frac{i}{(1+i)^n-1}\\\\\text{ by solving the above value the answer is: }\\\\=70.245[/tex]
Costs are termed as the expenses or the price that the firm incurs from the process of manufacturing the raw material to the process of availing goods and services or the final finished product to the customer in the market at the prevailing and the affordable price.
The total annual value to get invested is "$ 70,245".
Calculation of the Capital Expensiture:
[tex]\text{Investing Capital}= -LC-BC-EC-WC[/tex]
LC= cost of land
BC= cost of construction
EC= cost of equipment
WC= working capital
[tex]\text{Investing Capital}= -LC-BC-EC-WC[/tex]
[tex]=-\$300000-\$600000-\$250000-\$100000[/tex]
=-1250000
The anticipated annual revenues or sales are at $750,000.
Calculation of the market value:
Market value= [tex]SL+SB+SE[/tex]
SL = land sale price
SB= construction market price
SE= equipment sale price
Market price= [tex]SL+SB+SE[/tex]
=400000+350000+50000
= 800000
Calculation of Annual value:
[tex]750000-475000-1250000\frac{i(1+i)^{10} }{(1+i)^{10} -1} +900000\times\frac{i}{(1+i)^{10}-1 }[/tex]
After the calculation of the above formula or simplifying it,
The final answer is $ 70245.
To know more about the calculation of the annual value, refer to the link below:
https://brainly.com/question/6444704
According to the theorems of Dow Theory, the ideal market structure consists of a. an uptrend, top, downtrend and bottom b. a series of higher highs and higher lows c. a trend that is confirmed by the Advance / Decline Line d. Declining volume throughout a pattern
Answer:
According to the theorems of Dow Theory, the ideal market structure consists of
a. an uptrend, top, downtrend and bottom.
Explanation:
The theorems of Dow theory are the ideal market pictures of stock movement. This Dow financial theory says that the market is in an upward trend or downward trend because of averages. Understanding the Dow Theory enables traders to benefit from spotting and exploiting trends in the market.
Under former CEO Kalanick, when Uber entered into a new market, it often disregarded local laws and allowed its drivers to begin work illegally. Which step in the ethical decision tree was Uber not considering
Answer:
Throughout the clarification portion elsewhere here, the definition of the concern is mentioned.
Explanation:
Was this lawful or legal? It is the component that Uber did not consider throughout the ethical decision tree. Because it bypassed local regulations as well as encouraged its drivers would unlawfully start work. Preferably, can Uber investigate whether or not something is legal? If it was not lawful, then that would have waited until the municipal authority had made it legal, then and only then would everyone has authorized the drivers could beg for jobs.Which two of the four pieces of market data provided will be the most important toward properly vetting your backpack? Feature Preferences and Purchase Behavior Feature Preferences and Demographics Price Preference and Feature Preferences Purchase Behavior and Demographics Demographics and Price Preference
Answer:
Price Preference and Feature Preferences
Explanation:
The price preference and feature preferences data would be most important for properly vetting backpack purchases.
Price preference data would be required to compare and evaluate the most affordable brand of the backpack for making a purchase decision.
Feature preference data gives the understanding of various features, qualities, and attributes that different backpack's barnds are offering.
Therefore, this information is used for reviewing the backpack that would satisfy the customers in the most effective manner.
Learn more about market data here:
https://brainly.com/question/6867891
A firm obeys the least-cost rule by equating the ratios of marginal __________ product to the __________ price.
Answer:
Marginal product, factor
Explanation:
Least cost rule states that the level of production where there is least cost is when the ratio of labour marginal product to its price is equal to ratio of capital marginal product to its price.
The two factors that will be adjusted are labour and capital while maintaining a given level of output.
For example decision during a production cycle can be wether to hire staff on contract or permanent basis or wether to buy equipment or hire them.
The marginal cost and factor price of labour and capital needs to be equated to achieve least cost