The appropriate option is B) Debit Merchandise Inventory 85,000 and credit accounts payable 85,000.
When an organization buys inventory on credit, a common transaction is recorded with a credit purchase. This is the acquisition of goods or services for which payment will be made at a later date. In this situation, the terms of sale are "2/10, n/30," which means that if the purchase is paid in cash within 10 days, the company will receive a 2% discount.
If the purchase is not paid within ten days, the net sum is due within 30 days, excluding the 2% discount.Here are the journal entries for the given transaction:On 1/1/2022, purchase of inventory was made by XYZ Corporation as follows: Merchandise Inventory Dr. 85,000Accounts Payable Cr. 85,000The formula for journal entry is Debit Inventory $85,000Credit Accounts Payable $85,000The journal entry is recorded on the account's left side to indicate a debit and the account's right side to show a credit.
Therefore, option B) Debit Merchandise Inventory 85,000 and credit accounts payable 85,000 is the correct option.
To know more about transaction visit :
https://brainly.com/question/1016861
#SPJ11
Three investments cost $7,000 each and have the following cash flows. Rank them on the basis of their payback periods. Round your answers to one decimal place.
Year A B C
1 $ 2,500 $ 3,500 $ 0
2 2,500 2,700 500
3 2,500 1,800 1,300
4 2,500 1,100 4,300
5 2,500 800 5,800
Payback for A: years
Payback for B: years
Payback for C: years
Based on the payback periods, -Select-investment Ainvestment Binvestment CItem 4 should be chosen.
Based on the payback periods, Investment A has the shortest payback period of 3 years, followed by Investment B with 4 years. Investment C is not chosen due to its longer payback period.
To calculate the payback period for each investment, we need to determine the number of years it takes for the cumulative cash flow to equal or exceed the initial investment of $7,000.
For Investment A:
Year 1: $2,500
Year 2: $2,500 + $2,500 = $5,000
Year 3: $5,000 + $2,500 = $7,500
Investment A reaches the initial investment of $7,000 in Year 3. The payback period for Investment A is 3 years.
For Investment B:
Year 1: $3,500
Year 2: $3,500 + $2,700 = $6,200
Year 3: $6,200 + $1,800 = $8,000
Year 4: $8,000 + $1,100 = $9,100
Year 5: $9,100 + $800 = $9,900
Investment B reaches the initial investment of $7,000 in Year 4. The payback period for Investment B is 4 years.
For Investment C:
Year 1: $0
Year 2: $500
Year 3: $1,300
Year 4: $4,300
Year 5: $5,800
Investment C never reaches the initial investment of $7,000 within the given cash flows. The payback period for Investment C is undefined.
Based on the payback periods, Investment A has the shortest payback period of 3 years, followed by Investment B with 4 years. Investment C does not reach the initial investment within the given cash flows.
Therefore, based on the payback periods, the ranking of the investments from shortest to longest payback period is:
1. Investment A
2. Investment B
Investment C is not chosen due to its longer payback period and inability to reach the initial investment within the given cash flows.
Learn more about payback periods here :-
https://brainly.com/question/28304736
#SPJ11
Which represents a challenge that might cause substantial changes in the newspaper- and magazine-publishing industries in the near future?
The proliferation of digital media represents a challenge that might cause substantial changes in the newspaper- and magazine-publishing industries shortly.
The option (A) is correct.
The rise of digital platforms and the far and wide accessibility of online substance have changed how individuals consume news and data. with the coming of computerized media, there has been a decrease in paper dissemination for papers and magazines.
Overall, the newspaper and magazine publishing industries are going through huge changes as they adjust to the difficulties presented by the expansion of computerized media. Achievement will require development, deftness, and an emphasis on gathering the advancing necessities and inclinations of computerized crowds.
Learn more about newspaper and magazine:
https://brainly.com/question/32399137
#SPJ4
This question is not complete, Here I am attaching the complete question:
Which represents a challenge that might cause substantial changes in the newspaper- and magazine-publishing industries in the near future?
(A) The proliferation of digital media
(B) merge their business operations
(C) the publishers have less competition
Comparative negligence defense includes
a. Percentages b. Equal distribution c. All or nothing d. Based assumption of risk e. None of the above
a) The comparative negligence defense includes option a. Percentages.
Comparative negligence is a legal principle used in personal injury cases to determine the degree of fault or negligence of each party involved. Under comparative negligence, the court assigns a percentage of fault to each party based on their contribution to the accident or injury. This percentage represents the degree to which each party is responsible for the damages. The comparative negligence defense allows for a proportional allocation of responsibility rather than an all-or-nothing approach. It recognizes that multiple parties may have contributed to an accident or injury to varying degrees. By assigning percentages of fault, the court can apportion damages accordingly.
Therefore, the correct answer is option a. Percentages.
learn more about comparative negligence here:
https://brainly.com/question/28535877
#SPJ11
Additional information: (i) Accounts receivable increased by RM122,500 in the year 2017. Prepaid expenses increased by RM42,500 in the year 2017. Accounts payable increased by RM10,000 in the year 2017. Accrued expenses decreased by RM45,000 in the year 2017. (iv) REQUIRED: Prepare the Cash Flow Statement of The Enterprise for the operating activities section for the year ended 31 December 2017 by using the Indirect Method. Additional information: (i) Accounts receivable increased by RM122,500 in the year 2017. Prepaid expenses increased by RM42,500 in the year 2017. Accounts payable increased by RM10,000 in the year 2017. Accrued expenses decreased by RM45,000 in the year 2017. (iv) REQUIRED: Prepare the Cash Flow Statement of The Enterprise for the operating activities section for the year ended 31 December 2017 by using the Indirect Method.
The Indirect method is used to calculate cash flow from operating activities, in which the net income is adjusted for non-cash expenses, gains, and losses, as well as changes in current assets and liabilities.
Calculation of Cash Flow from Operating Activities for The Enterprise for the year ended 31 December 2017 using the Indirect Method is given below: Cash Flow from Operating Activities Indirect Method Net Income XXX Add: Depreciation and Amortization Expense XX Loss on Disposal of Assets XXX Decrease in Current Assets: Accounts Receivable (122,500)(XX)Prepaid Expenses(42,500)(XX)Increase in Current Liabilities: Accounts Payable10,000XXAccrued Expenses(45,000)XX Net Cash Provided by Operating Activities XX Note: (XX) represents the decrease in cash and cash equivalents Explanation: In the cash flow statement, the operating activities section provides information about cash flows from the company's operations. The cash inflows and outflows that result from a company's main activities, such as selling goods and services, are included in the operating activities section. The Indirect method is used to calculate cash flow from operating activities, in which the net income is adjusted for non-cash expenses, gains, and losses, as well as changes in current assets and liabilities.
To know more about Cash Flow visit:
brainly.com/question/27994727
#SPJ11
Ms. Hampton was not satisfied with Q CORP's performance. She believed that the company could achieve the following ratios: Q CORP CHAIR COMPANY MS. HAMPTON'S TARGET RATIOS 45.0% Dividend payout Market price Net profit margin 5.1% $15.00 Gross profit margin 27.6% Dividend yield 5.2% Return on assets 9.4% Number of shares outstanding 18,000 Inventory turnover 733.3% 8.7% Return on equity 13.7% Operating profit margin Long-term debt/equity 92.5 days 27.3% 551.0% Current ratio Accounts receivable collection period Accounts payable payment period Tax rate 28.7 days Acid-test ratio 407.3% 34.0% Using Ms. Hampton's target ratios for Q CORP, complete the following target financial statements: Q CORP CHAIR COMPANY MS. HAMPTON'S REVISED FINANCIAL STATEMENTS Income Statement Sales Cost of sales Gross profit Selling, general, and administrative expenses Operating profit (EBIT) Interest Earnings before taxes Taxes Net income Balance Sheet Cash Accounts receivable Inventory Total current assets Net property, plant, and equipment Total assets Accounts payable Other current liabilities Total current liabilities Long-term debt Total liabilities Owners' equity Total liabilities and owners' equity Dividends per share
Using Ms. Hampton's target ratios for Q CORP, we can generate the revised financial statements for the company. This includes the income statement, balance sheet, and dividends per share. The values for each financial statement will be adjusted based on the target ratios provided.
1. Income Statement:
- Sales: The sales value remains unchanged as it is not affected by the target ratios.
- Cost of sales: The cost of sales will be calculated by subtracting the target gross profit margin (27.6%) from the sales value.
- Gross profit: It will be calculated by subtracting the cost of sales from the sales value.
- Selling, general, and administrative expenses: This value remains the same as it is not affected by the target ratios.
- Operating profit (EBIT): It will be calculated by subtracting the selling, general, and administrative expenses from the gross profit.
- Interest: This value remains unchanged as it is not affected by the target ratios.
- Earnings before taxes: It will be calculated by subtracting the interest from the operating profit.
- Taxes: This value will be calculated by applying the target tax rate (34.0%) to the earnings before taxes.
- Net income: It will be calculated by subtracting the taxes from the earnings before taxes.
2. Balance Sheet:
- Cash: This value remains the same as it is not affected by the target ratios.
- Accounts receivable: The target accounts receivable collection period (28.7 days) will be used to calculate the accounts receivable value.
- Inventory: The target inventory turnover (733.3%) will be used to calculate the inventory value.
- Total current assets: It will be calculated by summing up the values of cash, accounts receivable, and inventory.
- Net property, plant, and equipment: This value remains unchanged as it is not affected by the target ratios.
- Total assets: It will be calculated by summing up the values of total current assets and net property, plant, and equipment.
- Accounts payable: The target accounts payable payment period (92.5 days) will be used to calculate the accounts payable value.
- Other current liabilities: This value remains unchanged as it is not affected by the target ratios.
- Total current liabilities: It will be calculated by summing up the values of accounts payable and other current liabilities.
- Long-term debt: This value remains the same as it is not affected by the target ratios.
- Total liabilities: It will be calculated by summing up the values of total current liabilities and long-term debt.
- Owners' equity: It will be calculated by subtracting the total liabilities from the total assets.
- Total liabilities and owners' equity: It will be calculated by summing up the values of total liabilities and owners' equity.
3. Dividends per share: The target dividend payout ratio (45.0%) will be used to calculate the dividends per share. This ratio is multiplied by the net income and divided by the number of shares outstanding (18,000).
By applying Ms. Hampton's target ratios to Q CORP's financial statements, we can generate the revised financial statements that reflect the desired performance levels.
Learn more about target ratios provided here:
https://brainly.com/question/13950269
#SPJ11
QUESTION 17 4 points Save Answer The following financial data is for Cracker Barrel Country Stores (FY2018 and FY2019). Given the following financial data calculate the net working capital for FY2019.
The net working capital of Cracker Barrel Country Stores for the year FY2019 is ($112,748 million).
What is the net working capital for FY2019?Working capital is a financial metric that is the difference between a company's curent assets and current liabilities.
Net working capital is calculated by subtracting current liabilities from current assets.
Current assets for FY2019:
Cash: $17,741 million
Accounts Receivable: $9,465 million
Inventories: $6,516 million
Prepaid Expenses: $6,284 million
Total Current Assets: $44,949 million
Current liabilities for FY2019:
Accounts Payable: $87,573 million
Other Current Liabilities: $70,124 million
Total Current Liabilities: $157,697 million
Net working capital for FY2019:
= $44,949 million - $157,697 million
= -$112,748 million
Missing words:
Consolidated Balance Sheets - USD ($) $ in Millions 12 Months Ended Current assets: Cash Accounts Receivable Inventories Prepaid Expenses Total Current Assets Net Fixed Assets Total Assets FY2020 FY2019 $ 17,741 $ 9,465 6,516 6,284 44,949 44,435 20,861 1,622 $ 90,067 $ 61,806 162,429 174,689 $ 252,496 $ 236,495 12 Months Ended Income Statement - USD ($) shares in Millions, $ in Millions FY2020 Revenues: Sales $ 555,233 Membership Sales 3,918 Total revenues 559,151 Costs and expenses: Cost of sales 420,315 Operating, selling, general and administrative expenses 105,136 Depreciation 11,152 EBIT 22,548 Interest: Net Interest 1,984 EBT 20,564 Taxes 6,858 Net income 13,706 Dividends 6,115 Addition to Retained Earnings 7,591 Accounts Payable Other Current Liabilities Total Current Liab. Long-term debt Total Liabilities Common Stock Retained Earnings Total Equity Total Liab. And Equity 87,573 70,124 5,072 7,666 92,645 77,790 72,320 79,162 164,965 156,952 3,928 3,531 83,603 76,012 87,531 79,543 252,496 236,495.
Read more about working capital
brainly.com/question/19804046
#SPJ4
Which of the following is an example of green capitalism?
Group of answer choices
Fuel efficiency standards, where governments set strict requirements on the fuel efficiency of cars being sold to the public
Emissions trading schemes, where emissions permits are priced and traded on an open marketplace to incorporate environmental costs into the economic process
Recycling programs, where municipal governments reduce waste going into landfill by diverting some refuse into local recycling programs
All of the above
Green capitalism is a movement of capitalists who have taken responsibility for environmental challenges and have tried to integrate solutions into their industrial processes to reduce the negative impact on the environment. Emissions trading schemes are an example of green capitalism.
Answer: Emissions trading schemes, where emissions permits are priced and traded on an open marketplace to incorporate environmental costs into the economic process Emissions trading schemes are one of the best examples of green capitalism. An emissions trading scheme is a system for businesses to buy and sell the right to emit greenhouse gases. The scheme's goal is to reduce emissions and create economic incentives to reduce pollution. This system encourages firms to reduce emissions by providing a market-based solution for reducing greenhouse gas emissions. Green capitalism is all about achieving sustainability and environmental sustainability while also allowing economic development to proceed.
To Learn more about green capitalism. Click this!
brainly.com/question/14143227
#SPJ11
2. a support level is . group of answer choices the peak of a market wave or cycle an equilibrium price level justified by characteristics such as earnings and cash flows a level below which the market is unlikely to fall a level beyond which the market is unlikely to rise
A support level is a level below which the market is unlikely to fall.
In technical analysis and trading, a support level refers to a price level that acts as a floor or a bottom for a particular security or market. It is a level at which buying pressure typically outweighs selling pressure, preventing the price from falling further. Traders and investors often view support levels as potential buying opportunities or areas of price stability.
When the price of a security or market approaches a support level, it tends to find support or demand, causing the price to either reverse direction or stabilize. This can occur due to various factors, such as increased buying interest, the presence of value investors, or the perception that the price has reached an attractive or undervalued level.
While support levels can provide some indication of potential price reversals or areas of price stability, they are not guaranteed to hold indefinitely. Market conditions, investor sentiment, and other factors can influence the strength and reliability of support levels. Traders and investors often use additional technical analysis tools and indicators to confirm or validate support levels before making trading decisions.
In summary, a support level is a level below which the market is unlikely to fall. It represents a price level at which buying pressure typically outweighs selling pressure, leading to price stability or potential price reversals. However, support levels should be used in conjunction with other analysis tools for a comprehensive assessment of market dynamics.
To learn more about support level visit;
https://brainly.com/app/ask?q=SUPPORT+LEVEL
#SPJ11
For the project-based organisational structure to develop new products, choose one product from Stanley Tools Jobmaster Screwdriver, Rollerblade In-Line Skate, and Boeing 777 Airplane for which that structure (project-based) would be MOST appropriate. Justify your product type choice based on the pros and cons we discussed in class. In your justification, you need to mention some of the specific requirements or characteristics of the product that you picked.
The most appropriate product type from Stanley Tools Jobmaster Screwdriver, Rollerblade In-Line Skate, and Boeing 777 Airplane for a project-based organizational structure to develop new products is Boeing 777 Airplane. This structure is most suitable for large projects that are too complex to be accomplished in one step
.The Boeing 777 Airplane project is a large-scale, complex project that would benefit from a project-based organizational structure. The project-based structure is best suited for this kind of project due to the following factors:ProsThe project-based organizational structure has a specific focus on producing a particular product, service, or result that is of high quality. It is specifically designed for producing one-of-a-kind products or services. The project team can focus on the project and complete it within a specific time frame.Creating a team to work on a project improves collaboration and communication.
The team members come together to work on the project, share knowledge, and skills, and the outcome of the project is the result of collective effort and expertise. The team has an opportunity to be innovative and creative, resulting in a better product or service.The project-based organizational structure provides a competitive edge for organizations in dynamic and rapidly changing environments. A project-based approach helps the organization to respond quickly to the changing market requirements, leading to a high level of customer satisfaction.ConsThe project-based organizational structure is temporary and is dissolved once the project is completed. The team members may lose their jobs or have to move on to different projects in other organizations.There is a possibility of conflict within the team due to differences in opinions, objectives, and priorities. This can delay the project completion or lead to a compromise on quality and performance.The project-based organizational structure requires a lot of resources and planning. It may be expensive to start and maintain such a structure. Therefore, it is important to consider the costs of implementing the structure and the benefits that it provides in the long run.
To know more about products visit:
https://brainly.com/question/31815585
#SPJ11
___ is the intrinsic value of six put contracts on TTE stock with a strike price of $35 if the stock is selling for $42 a share. $35 $0 $42 $4,200 $3,500
The intrinsic value of six put contracts on TTE stock with a strike price of $35 if the stock is selling for $42 a share is option B) $0.
The intrinsic value is defined as the value of an option that could be exercised right now. If the option is an American option, the intrinsic value may be calculated whenever it is exercised before expiry. It may only be computed at expiration if it is a European option. The intrinsic value of a put option is the difference between the strike price and the current stock price.
The current market price of the underlying asset determines the intrinsic value of an option. If a put option has a higher strike price than the market price of the underlying asset, it is in the money (ITM). If the market price is above the strike price, the put option is out of the money (OTM).
In this scenario, the intrinsic value of the option is zero because the strike price is less than the stock's current market value. The reason behind this is that the option's intrinsic value would be the amount by which the market value of the underlying stock exceeds the strike price of the option, and this would be unfavorable for the holder of the option since the option is a put option. As a result, the intrinsic value of the option would be $0.
To know more about Intrinsic visit :
brainly.com/question/30764018
#SPJ11
Which of the following gives the correct formula for calculating markup percentage?
a. sales price/markup
b. sales price/fixed costs
c. markup/sales price
d. sales price/variable costs
The correct formula for calculating the markup percentage is markup/sales price. The correct option is c.
The markup percentage is a measure used in business to determine the amount by which the cost of a product or service is increased to arrive at the selling price. It represents the proportion of the selling price that accounts for the markup or profit.
To calculate the markup percentage, the markup is divided by the sales price. The formula is:
Markup Percentage = (Markup / Sales Price) x 100
The markup refers to the difference between the cost price (the price at which a product or service is acquired) and the selling price (the price at which it is sold to customers). It represents the profit or additional amount added to the cost price.
By dividing the markup by the sales price and multiplying it by 100, we obtain the markup percentage as a proportion of the selling price.
Option a. (sales price/markup) is incorrect because dividing the sales price by the markup would give the inverse of the markup percentage.
Option b. (sales price/fixed costs) and option d. (sales price/variable costs) are incorrect as they do not involve calculating the markup percentage. Fixed costs and variable costs are different components of a cost structure and are not directly related to the markup percentage.
In summary, the correct formula for calculating the markup percentage is option (markup/sales price), which represents the proportion of the selling price that accounts for the markup or profit.
Therefore the correct option is c.
To learn more about markup percentage refer here:
https://brainly.com/question/30175942
#SPJ11
Professional development project
In this project, I explored a selected company, engaged in a networking activity with a working professional to learn what it’s like working for the company selected, conducted an Informational Interview with a working professional in the company, and lastly provided a detailed summary about the whole process of conducting information for this project. The main goal of this project was to provide a professional development opportunity when pursuing a job right after graduation or to land an internship.
Question
How can I interpret this project into my resume to prove to employers that I did a project like this that would be beneficial for their company? specifically for marketing and business administration or related positions?
To interpret the Professional Development Project into a resume could include things like scholarships, academic awards, or recognition for work that you have done in the field. By including these awards or achievements, you can demonstrate your commitment to excellence and your dedication to your chosen field.
To interpret the Professional Development Project into a resume to prove to employers that you did a project like this that would be beneficial for their company, follow these steps:Step 1: Start with a professional summaryBegin your resume with a professional summary that highlights your skills, experiences, and accomplishments. It should be one or two sentences long and should show your potential employer what you can bring to the company.Step 2: List your educationList your education in reverse chronological order, starting with your most recent degree. Be sure to include the name of the institution, your degree, and your graduation date.Step 3: Highlight your relevant experienceWhen it comes to relevant experience, you'll want to highlight the Professional Development Project that you have completed. You should mention the name of the project, the company that you explored, the networking activity that you engaged in, the Informational Interview that you conducted, and a brief summary of what you learned from the process.Step 4: Showcase your skillsIn addition to highlighting your relevant experience, you should also showcase your skills. For marketing and business administration or related positions, some of the skills that employers might be looking for include communication skills, problem-solving skills, and analytical skills. You should also highlight any computer skills that you have, such as proficiency in Microsoft Office or Adobe Creative Suite.Step 5: Include any relevant awards or achievementsFinally, you should include any relevant awards or achievements that you have received. This could include things like scholarships, academic awards, or recognition for work that you have done in the field. By including these awards or achievements, you can demonstrate your commitment to excellence and your dedication to your chosen field.
To know more about Development visit:
https://brainly.com/question/29659448
#SPJ11
ABC Co. has preferred stock outstanding that is expected to pay an annual dividend of $4.74 every year in perpetuity. If the required return is 4.59 percent, what is the current stock price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 832.16)
The current stock price of ABC Co. is approximately $103.27, calculated using the dividend discount model based on the expected dividend and the required return rate.
The current stock price can be determined by calculating the present value of the perpetuity using the formula:
Stock Price = Dividend / Required Return
Given that the expected annual dividend is $4.74 and the required return is 4.59 percent (or 0.0459), we can substitute these values into the formula:
Stock Price = $4.74 / 0.0459
Calculating the division, we find:
Stock Price = $103.27 (rounded to 2 decimal places)
Therefore, based on the given information, the current stock price of ABC Co. is $103.27.
To determine the current stock price of ABC Co., we can apply the concept of the present value of perpetuity. A perpetuity is an infinite series of cash flows that continues indefinitely. In this case, ABC Co. has preferred stock outstanding that is expected to pay an annual dividend of $4.74 every year in perpetuity.
To learn more about dividend - brainly.com/question/15443293
#SPJ11
what is the name of the sec regulation that requires public companies to share information with all investors at the same time? group of answer choice
The SEC regulation that requires public companies to share information with all investors at the same time is called Regulation Fair Disclosure (Reg FD).
Regulation Fair Disclosure (Reg FD) is a law enacted by the Securities and Exchange Commission (SEC) in the United States in 2000. The legislation forbids public companies from disclosing material non-public information (MNPI) to select investors or analysts, forcing them to reveal it to all investors at the same time. The SEC adopted Reg FD to promote fair disclosure and prohibit preferential disclosure of material nonpublic information, enhancing the public's trust in the equity markets.
The SEC regulation that requires public companies to share information with all investors at the same time is called Regulation Fair Disclosure (Reg FD).
A) Regulation FD
B) the Investment Company Act of 1940
C) the Sarbanes-Oxley Act
D) the Investment Advisors Act of 1940
E) the Securities and Exchange Act of 1934
Learn more about the Securities:
https://brainly.com/question/28070333
#SPJ11
Which type of mortgage permits the owner to pay off the mortgage balance at any time? (A) Closed (B) Floating (C) Fixed (D) Open
(D) Open. An open mortgage is a type of mortgage that permits the owner to pay off the mortgage balance at any time without incurring penalties. This type of mortgage offers flexibility and allows borrowers to make lump sum payments or pay off the entire mortgage before the maturity date.
Unlike closed mortgages, which have specific terms and conditions regarding prepayment options, an open mortgage provides borrowers with the freedom to repay the mortgage at their convenience. This flexibility is advantageous for individuals who anticipate having extra funds available in the future or who want to take advantage of lower interest rates by paying off their mortgage sooner.
By choosing an open mortgage, borrowers have the ability to make additional payments towards the principal balance without facing any penalties. This can help reduce the overall interest paid over the life of the mortgage and potentially shorten the repayment period.
It's important to note that while an open mortgage offers greater flexibility, it may come with a slightly higher interest rate compared to closed mortgages. Lenders may compensate for the increased risk of early repayment by charging a higher interest rate. Borrowers should carefully consider their financial situation and goals when deciding whether an open mortgage is the right option for them.
In summary, an open mortgage allows the owner to pay off the mortgage balance at any time without penalties, providing flexibility and the opportunity to reduce interest costs and shorten the repayment period. However, borrowers should weigh the benefits of flexibility against the potentially higher interest rates associated with open mortgages.
Learn more about mortgage here :-
https://brainly.com/question/31751568
#SPJ11
You are working in the department manager at manufacturing industry. What is your responsibility to tight control? In what respects are used in loosely controlled?
Note: Minimum 1000 Words.
As a department manager in the manufacturing industry, my responsibility is to ensure tight control over areas such as quality control, inventory management, cost control, production planning, and compliance with regulations.
As a department manager in the manufacturing industry, my responsibility would be to ensure tight control over certain aspects of the operations. These areas typically require strict oversight and adherence to specific guidelines and standards. Here are some examples:
Responsibilities requiring tight control:
Quality Control: Ensuring that products meet predetermined quality standards by implementing rigorous inspection processes and quality assurance measures.Inventory Management: Monitoring and controlling inventory levels, minimizing stockouts, and optimizing inventory turnover through accurate forecasting and efficient supply chain management.Cost Control: Implementing cost-saving measures, monitoring expenses, and ensuring efficient use of resources to maintain profitability.Production Planning and Scheduling: Developing and implementing production plans and schedules to meet customer demand, optimize production capacity, and minimize production bottlenecks.Compliance and Regulatory Requirements: Ensuring compliance with industry regulations, safety standards, environmental guidelines, and legal obligations.On the other hand, there are aspects where a looser control approach may be utilized. These areas may allow for more flexibility and autonomy, empowering employees to make decisions and take ownership. Examples include:
Responsibilities requiring loose control:
Employee Empowerment: Encouraging employee creativity, problem-solving, and decision-making within defined boundaries to foster innovation and improve productivity.Continuous Improvement: Promoting a culture of continuous improvement, where employees are encouraged to identify and implement process enhancements and efficiencies.Employee Development: Providing training and development opportunities to enhance employee skills and competencies, allowing them to take on more responsibility and contribute to the organization's success.Team Collaboration: Encouraging cross-functional collaboration and teamwork to foster effective communication, knowledge sharing, and synergy among different departments and teams.Customer Service: Empowering employees to make customer-focused decisions, resolve issues, and provide excellent service to meet customer needs and enhance satisfaction.While tight control is necessary for critical areas, a balance is required to ensure that employees have the autonomy and flexibility to contribute their expertise and drive innovation in areas that benefit from a looser control approach.
Learn more about manufacturing industry here:-
https://brainly.com/question/1082619
#SPJ11
Which of the following are DISADVANTAGES of Discounted Cash Flow (DCF) Model? There can be more than one correct answer. Please select all the correct answers. a. Analysts' forecasts for free cash flows are not easily available. b. It requires forecasting capital structure of the company. C. Earnings is generally more predictable and less volatile than free cash flows. d. It is difficult to value a company that is currently not making positive free cash flows.
The correct disadvantages of the Discounted Cash Flow (DCF) model are:
a. Analysts' forecasts for free cash flows are not easily available.
b. It requires forecasting the capital structure of the company.
d. It is difficult to value a company that is currently not making positive free cash flows.
a. Analysts' forecasts for free cash flows are not easily available:
One of the challenges with using the DCF model is the availability and accuracy of analysts' forecasts for free cash flows. Free cash flow projections are essential inputs in the DCF model, as they represent the cash generated by the company that is available to be distributed to shareholders. However, obtaining reliable and up-to-date forecasts of future free cash flows can be difficult. It requires access to comprehensive financial information, industry knowledge, and accurate forecasting techniques. The lack of easily available and reliable forecasts can introduce uncertainty and potentially affect the accuracy of the DCF valuation.
b. It requires forecasting the capital structure of the company:
Another disadvantage of the DCF model is the need to forecast the capital structure of the company. The capital structure refers to the mix of debt and equity financing that a company uses to fund its operations. In the DCF model, the discount rate used to calculate the present value of future cash flows is derived from the company's weighted average cost of capital (WACC), which is based on the capital structure. Forecasting the capital structure involves predicting the company's future financing decisions, such as debt levels and equity issuance, which can be challenging and uncertain. Errors or inaccuracies in capital structure forecasts can impact the calculated discount rate and, consequently, the valuation obtained from the DCF model.
d. It is difficult to value a company that is currently not making positive free cash flows:
The DCF model relies on estimating future cash flows and discounting them to their present value. However, valuing a company that is currently not generating positive free cash flows can be challenging. In such cases, negative or inconsistent cash flows make it difficult to project future cash flows with confidence. Uncertainty regarding the company's ability to generate positive cash flows in the future can impact the reliability of the DCF valuation. Additionally, estimating the terminal value, which represents the value of future cash flows beyond the explicit forecast period, becomes more complex when cash flows are negative or inconsistent.
c. Earnings is generally more predictable and less volatile than free cash flows:
The statement that earnings are generally more predictable and less volatile than free cash flows is not a disadvantage of the DCF model itself. It is more of an observation regarding the nature of earnings and free cash flows. Earnings represent a company's profitability, which is influenced by accounting principles and can be subject to manipulation or distortion. On the other hand, free cash flows provide a clearer measure of a company's ability to generate cash and support its operations. While earnings may be more predictable and less volatile in some cases, the DCF model primarily focuses on free cash flows as a more accurate representation of a company's value and ability to generate returns for its shareholders.
In summary, the disadvantages of the DCF model include the challenges associated with obtaining reliable forecasts of free cash flows, the need to forecast the capital structure, and the difficulty in valuing companies with negative or inconsistent free cash flows.
Thus, the correct options are : (a), (b), (d).
To learn more about Discounted Cash Flow visit : https://brainly.com/question/29432958
#SPJ11
In the PPT or Word please do your own research about the company and put all the information you gather on the company in it. (gain labor information) You should mention all the factors which effect the LMI. Example – Supply and demand: How many people are trained for an occupation? How many jobs are there? Language abilities: Do you need to be bilingual for this kind of work? Seasonal fluctuations: Is this work more in demand at certain times of year (e.g. landscaping)? Population: Is the demand for this work increasing or decreasing based on population patterns? Economy: How do economic factors influence job prospects? Technological advances: Has the field been impacted by recent changes in technology (e.g. online shopping)? Skills and abilities: What skills and abilities are essential to this kind of work? The above are just examples so I would like to see you guys add more reasons aswell.
The company that I have researched is XYZ Corporation, a multinational company that specializes in the manufacture and distribution of electronic products, including smartphones, computers, and TVs.
Factors that affect labor market information (LMI) for XYZ Corporation include:
1. Supply and demand: The market demand for electronic products has been steadily increasing, resulting in an increased demand for skilled workers in this field. XYZ Corporation must keep up with the supply of skilled workers to meet the growing demand for its products and maintain its competitive edge.
2. Technological advances: The rapid advancements in technology have had a significant impact on the electronic industry, with new and more sophisticated technologies continually being developed. This means that workers in this field must continually upgrade their skills and knowledge to keep up with the latest technological trends. XYZ Corporation invests heavily in training its employees to keep up with the latest technological advancements.
3. Skills and Abilities: Working in the electronic industry requires a range of specific technical skills and knowledge. XYZ Corporation puts a strong emphasis on hiring individuals with the required skills and abilities to meet the needs of the company and its customers.
4. Economy: Changes in the global economy can have a significant impact on the demand for electronic products. For example, during periods of economic recession, people tend to cut back on spending, leading to a decline in demand for electronic products. Hence, XYZ Corporation must monitor the economic conditions and adjust its labor requirements accordingly.
5. Population: The growth or decline of the workforce in the electronic industry depends on population patterns, including demographic shifts and migration patterns.
Learn more about Supply and demand here:
https://brainly.com/question/1342403
#SPJ4
Enter the transactions into the T-accounts and then into the four-column ledgers. Be sure to calculate the balance after each entry in the four-column ledgers. On Dec. 1, purchase a $9,000 building wi
A T-account is a method used to depict general ledger accounts. Transactions and account balance are recorded using this method. Each side of a T-account denotes one side of the account.
Transactions for an account are recorded on both the left and right sides of the T-account to illustrate the increases or decreases in the account balance. Let us follow the steps below to enter the transactions into the T-accounts and then into the four-column ledgers:
Step 1: Open the four-column ledgers
Step 2: Create the T-accounts
Step 3: Dec 1: Purchase a $9,000 building On December 1, the firm made a purchase of a building for $9,000. The purchase of the building increases the asset account building by $9,000. The cash account decreases by $9,000 to reflect the outflow of cash for the acquisition. Let's record the transaction in the T-account and the four-column ledger for Building and Cash. Account Title: BuildingAccount Type: Asset Increases Decreases Balance Transaction Date$ 9,000DebitBalance$ 9,000Dec. 1Account Title: CashAccount Type: Asset Increases Decreases Balance Transaction Date$ 9,000CreditBalance$ 9,000Dec. 1
For such more question on acquisition
https://brainly.com/question/30847174
#SPJ11
a loan of $1450 was due 45 days ago and a payment of $1200 is due in 60 days. what single payment made 30 days from now is required to settle the two payments if interest is 7% and the focal date is 30 days from now
b. scheduled payments of $800 due two months ago and $1200 due in one month are to be repaid by a payment of $1000 today and the balance in three months. what is the amount of the final payments if interest is 7.75% and the focal date is one month from now?
c. At what rate of interest will $1500 grow to $1562.04 from June 1, 2022 to December 1, 2022
The interest rate required for the initial amount to grow to the future value over the given time period are as follows :
a. To calculate the single payment required to settle the two payments, we need to find the present value of each payment and add them together. Given that the interest rate is 7% and the focal date is 30 days from now, we can use the formula for present value:
PV = FV / (1 + r)^n
For the first payment of $1450 due 45 days ago, the time period is 75 days (45 days past + 30 days future) and the present value is:
PV1 = 1450 / (1 + 0.07)^75
For the second payment of $1200 due in 60 days, the time period is 30 days (60 days future - 30 days focal date) and the present value is:
PV2 = 1200 / (1 + 0.07)^30
To settle both payments with a single payment made 30 days from now, we need to find the present value of this future payment. The time period is 30 days and the present value is:
PV3 = X / (1 + 0.07)^30
We want to find the value of X. Since the present values of all three payments must be equal, we can set up the equation:
PV1 + PV2 = PV3
1450 / (1 + 0.07)^75 + 1200 / (1 + 0.07)^30 = X / (1 + 0.07)^30
Solving this equation will give us the required single payment.
b. To calculate the final payment, we can use the same approach as in part (a). Given that the interest rate is 7.75% and the focal date is one month from now, we need to find the present value of the scheduled payments and set it equal to the present value of the final payment.
PV1 = 800 / (1 + 0.0775)^60
PV2 = 1200 / (1 + 0.0775)^30
PV3 = X / (1 + 0.0775)^30
PV1 + PV2 = PV3
Solving this equation will give us the amount of the final payment.
c. To find the interest rate, we can use the formula for compound interest:
FV = PV * (1 + r)^n
Given that the initial amount is $1500, the future value is $1562.04, the time period is from June 1, 2022, to December 1, 2022, which is approximately 6 months, we can set up the equation:
1562.04 = 1500 * (1 + r)^6
Solving this equation for r will give us the interest rate required for the initial amount to grow to the future value over the given time period.
To know more about rate visit-
brainly.com/question/30684747
#SPJ11
Macy’s is one of the highest performing U.S. retail stores, but in recent years the company has begun to look outside the U.S. to generate more sales. It has been able to do that through international shipping via the company’s retail website. But, last year it announced it will open a four-level, 205,000 square-foot store overseas – in Abu Dhabi – in 2018. Long a holdout on international retail business, the $28 billion Macy’s clearly sees that overseas expansion is the way to go with domestic retail sales slowing.
Question: Macy’s is aggressive in its overseas market expansion. Assess Abu Dhabi’s country attractiveness as a potential market (i.e., consider in terms of political, economic, an legal aspects and differences to home country)
Abu Dhabi has a number of attractive features that make it a potentially strong market for Macy's. Politically, the United Arab Emirates (UAE) is a stable and business-friendly country with a well-established legal system. This provides a good foundation for Macy's to enter the market and operate with confidence.
Economically, Abu Dhabi is a wealthy and rapidly-growing market with a high level of consumer spending. The UAE has a high GDP per capita, and Abu Dhabi is home to a significant number of affluent consumers who are interested in luxury brands like Macy's. Additionally, the UAE has a relatively open economy with low taxes and few trade barriers, which makes it an attractive market for foreign retailers.
However, there are also some challenges that come with expanding into Abu Dhabi. One of the biggest differences between the UAE and the United States is the legal system. The UAE is a civil law jurisdiction, which is very different from the common law system used in the United States. This can create some legal challenges for Macy's as it tries to navigate the local legal landscape.
Another challenge is the cultural differences between the UAE and the United States. The UAE is a Muslim country, and retailers need to be sensitive to local customs and traditions. Macy's will need to carefully consider how it markets its products and how it interacts with customers in order to avoid cultural misunderstandings.
Overall, while there are some challenges associated with expanding into Abu Dhabi, the country's strong economy, stable political environment, and growing consumer market make it an attractive opportunity for Macy's.
GoSnow sells snowboards. Each snowboard requires direct materials of $152, direct labor of $56, variable overhead of $66, and variable selling, general, and administrative costs of $31. The company has fixed overhead costs of $286,000 and fixed selling. general, and administrative costs of $356,000. The company has a target profit of $578,000. It expects to produce and sell 10,000 snowboards. Compute the selling price per unit using the variable cost method. (Round your intermediate calculations and final answer to nearest whole dollar amounts.)
The selling price per unit using the variable cost method is $305/
The cost of making a snowboard is as follows:
Direct materials per snowboard $152
Direct labor per snowboard $56
Variable overhead per snowboard $66
Variable SG&A cost per snowboard $31
Total variable cost per snowboard $305
To attain the target profit of $578,000 and producing and selling 10,000 snowboards, the total sales needed to be made by the GoSnow would be given as:
Target profit + Total fixed cost = Total required sales revenue$578,000 + $286,000 + $356,000 = $1,220,000
Variable cost per unit × Number of units sold = Total required sales revenue
$305 × 10,000 units = $3,050,000
Selling price per unit = Total required sales revenue ÷ Number of units sold = $3,050,000 ÷ 10,000 units = $305 per unit
Learn more about variable cost at:
https://brainly.com/question/32016441
#SPJ11
A level at which the marginal production goes up with new investment:
a. increasing marginal returns
b. total cost
c. marginal revenue
d. marginal product of labor
e. marginal cost
A level at which the marginal production goes up with new investment: a. increasing marginal returns
The level at which the marginal production goes up with new investment is referred to as increasing marginal returns. It means that as additional units of input, such as labor or capital, are added to the production process, the marginal output or production increases at an increasing rate.
This occurs when the productivity of each additional unit of input is higher than the previous units, resulting in a positive relationship between input and output. It signifies that the business or firm is operating in a range where the returns on investment are increasing and can be considered beneficial.
The concept of increasing marginal returns corresponds to a situation where the marginal production increases with new investment. Thus, option a is the correct answer.
To know more about production , visit :
https://brainly.com/question/30333196
#SPJ11
QUESTION 1
Bahrain Poultry offers its customers 2/14 net 28 for every BD100 purchase. What is the cost of trade credit to a customer who chooses to pay on day 28?
The cost of trade credit to a customer who chooses to pay on day 28 is equivalent to an annual percentage rate (APR) of 37.24%.
2/14 net 28 means that the customer can take a 2% discount if they pay within 14 days, otherwise, the full amount is due in 28 days. To calculate the cost of trade credit to a customer who pays on day 28, we can use the following formula:
Cost of trade credit = [(Discount % ÷ (100% - Discount %)] x [(365 ÷ Terms) - Discount Period]
Substituting the given values into the formula, we get:
Cost of trade credit = [(2% ÷ (100% - 2%)] x [(365 ÷ 28) - 14]
= (0.02 ÷ 0.98) x (13.04 - 14)
= 0.0204 x (-0.96)
= -0.019584
The negative result indicates that there is actually a benefit to paying on day 28 instead of taking the early payment discount. However, to convert this benefit to an APR, we need to express it as a positive percentage. Multiplying by -1 and multiplying by 365 ÷ 14 gives us:
APR = (-(-0.019584)) x (365 ÷ 14) x 100%
= 37.24%
Therefore, the cost of trade credit to a customer who chooses to pay on day 28 is equivalent to an APR of 37.24%.
Learn more about annual percentage rate here
https://brainly.com/question/30589395
#SPJ11
Now suppose that based on empirical data during Covid, it is determined that money demand does not depend upon people's income. In this case briefly explain how we derive the LM curve from the money market. Illustrate and briefly explain the impact of expansionary monetary policy in an IS-LM context.
This results in the IS curve shifting upwards and to the right. This leads to an increase in both income and interest rates.The empirical data during Covid indicates that money demand does not depend upon people's income.
It means that money demand can be derived from the rate of interest in the market. In this context, the LM curve in the IS-LM model can be derived from the money market as:LM curve: The LM curve represents all the points of combinations of real output (Y) and interest rates (i) at which the money market is at equilibrium. It shows the relationship between interest rates and real output or income. This curve is upward sloping, as higher interest rates lead to less investment spending and more saving. The LM curve is derived from the equation for the money market: MD = MS, where MD stands for money demand, and MS stands for money supply. When the money market is in equilibrium, it is represented by the intersection of the MD and MS curves. An increase in the money supply (MS) leads to a rightward shift of the LM curve, and a decrease in the money supply leads to a leftward shift of the LM curve.Expansionary monetary policy in an IS-LM context: Expansionary monetary policy leads to an increase in the money supply and a decrease in interest rates, causing the LM curve to shift to the right. This will lead to an increase in the equilibrium level of income and output. An expansionary monetary policy works by reducing the cost of borrowing and increasing the amount of money in circulation, which will increase demand and output, thereby pushing up the equilibrium level of income and output. This results in the IS curve shifting upwards and to the right. This leads to an increase in both income and interest rates
to know more about data, visit
https://brainly.com/question/28333051
#SPJ11
please complete the 3 questions for upvote clear answer
QUESTION 3 Lionel is an unmarried law student at State University Law School, a qualified educational institution. This year Lionel borrowed $24,000 from County Bank and paid interest of $1,840. Lione
QUESTION 3 Lionel is an unmarried law student at State University Law School, a qualified educational institution. This year Lionel borrowed $24,000 from County Bank and paid interest of $1,840.
Lionel’s taxable income before consideration of the interest deduction is $14,000. How would your answer to the previous question change if Lionel’s taxable income before consideration of the interest deduction is $50,000? Explain.Answer:1. $1,840 2. How would your answer to the previous question change if Lionel’s taxable income before consideration of the interest deduction is $50,000? Explain.The interest deduction would not be allowed if Lionel's taxable income before consideration of the interest deduction is $50,000.
The reason being, the law states that if the modified adjusted gross income of the individual is $80,000 or more, then the deduction is not allowed. The maximum amount of interest that can be deducted for the year is $2,500. This amount is reduced if the taxpayer's modified adjusted gross income is more than a certain amount.
Learn more about State University Law here:https://brainly.com/question/28840401
#SPJ11
Explain the concept of "style flexing". Why is it beneficial for a salesperson to master the ability to style flex? Describe a sales situation where the salesperson used style flex to show how the product or service meets the customer's needs. The situation can be hypothetical, or can be from your previous experience.
Style flexing refers to the ability of a salesperson to adapt their communication style to fit the customer's preferences.
It is beneficial for a salesperson to master the ability to style flex as it allows them to better connect with customers and build stronger relationships. In a sales situation, a salesperson can use style flex to demonstrate how a product or service meets the customer's needs.
For example, if a customer prefers a straightforward communication style, the salesperson can provide clear and concise product information. If the customer prefers a more conversational style, the salesperson can engage in friendly conversation while still highlighting the product's benefits.
Style flexing helps the salesperson create a more comfortable and natural environment for the customer, leading to increased trust and higher likelihood of closing a sale.
In my previous experience, I worked as a sales representative for a software company. I used style flexing to understand my customer's preferred communication styles, and to provide the right information at the right time. This allowed me to establish a strong relationship with my customers and close several high-value sales.
To know more about Style flexing click on below link:
https://brainly.com/question/30455091#
#SPJ11
Supplying capital to companies that are just moving into operation, but do not as yet have a product or service available to sell, is a description that best relates to which of the following stages of venture capital investing? a) Early stage; b) Mezzanine stage; c) Angel investing stage.
Supplying capital to companies that are just moving into operation but do not yet have a product or service available to sell, aligns with the stage of venture capital investing known as angel investing. Option c is correct.
Angel investors are typically individuals or groups who provide early-stage capital to startups or entrepreneurs in exchange for equity ownership or convertible debt.
They often invest in companies at the earliest stages of development when the business concept is being developed and validated, and before significant revenue or market traction has been achieved.
Therefore, c is correct.
Learn more about venture capital https://brainly.com/question/31218982
#SPJ11
When corporate activities are focused upon providing customer satisfaction, we can say that the organization is a) Customer Oriented b) Output Oriented Profit Oriented d) Sales Oriented
When corporate activities are focused on providing customer satisfaction, we can say that the organization is a) Customer Oriented.
A customer-oriented organization prioritizes meeting the needs, wants, and expectations of its customers. It places the customer at the center of its business activities and decision-making processes. This approach involves understanding customer preferences, delivering quality products or services, providing excellent customer service, and building long-term relationships with customers. The organization's goal is to ensure customer satisfaction and create value for customers, which in turn can lead to customer loyalty, repeat business, and positive word-of-mouth referrals.
There is a strong relationship between employee satisfaction and customer satisfaction in service organizations. This relationship is particularly relevant for employees who have regular customer contact, as they play a critical role in shaping the customer experience.
Research has shown that satisfied employees are more likely to provide high-quality service to customers, which can lead to increased customer satisfaction and loyalty. Employees who are motivated, engaged, and well-trained are better equipped to handle customer inquiries, resolve problems, and meet customer needs, which can result in positive word-of-mouth, repeat business, and higher revenues.
In contrast, dissatisfied employees may provide poor-quality service, which can result in negative customer experiences, complaints, and lost business. They may also be more likely to leave their jobs, leading to higher turnover rates and reduced organizational stability.
Therefore, it is important for service organizations to prioritize employee satisfaction and engagement, particularly for those employees who have regular customer contact. This can be achieved through various strategies such as employee training, development opportunities, recognition programs, and a positive work environment. By creating a culture of employee satisfaction and engagement, service organizations can improve the overall customer experience and drive business success.
Learn more about Employee Satisfaction here
brainly.com/question/30784324
#SPJ11
what is the market equilivrium rental price per month and the marketequilibrium number of apartments demaded and supplied. market equilibrium quantity
The market equilibrium rental price per month and the market equilibrium number of apartments demanded and supplied is a situation where the market supply and demand curves intersect, and the amount of a good or service supplied is equal to the amount of the good or service demanded.
Therefore, the quantity supplied and the quantity demanded are balanced, and the market is in equilibrium.The market equilibrium quantity is the quantity of the good or service exchanged at the equilibrium price in the market. It is the quantity where the demand and supply curves intersect, and it can be defined as the quantity where the quantity demanded and quantity supplied are equal. The market equilibrium rental price per month and the market equilibrium number of apartments demanded and supplied vary from one place to another and depend on several factors like location, amenities, size, quality, among others.
Therefore, without knowing the specifics of a particular market, it is impossible to give an exact answer to this question.
Read more about equilibrium here;https://brainly.com/question/517289
#SPJ11