Explanation:
The theory of constraints (TOC) is a theory whose objective is to identify the most limiting constraint related to a systemic organizational process, that is, to identify the bottleneck that prevents an organization from carrying out its activities effectively and consequently achieving its objectives.
The steps are:
1- Identify: The first step is to identify the most limiting current constraint in the organization.
2- Exploit: In the exploit stage, it means making improvements with the resources available in the identified constraint.
3- Subordinate: In this stage, the review of other organizational activities that may interfere with the identified constraint is carried out, to identify whether there is how to make improvements in the subordinate activities that can guarantee the reduction of the constraint.
4- Elevate: In this stage, actions are implemented to eliminate the constraint if it has not yet been eliminated.
5- Repeat: In the last step, each step of the cycle is monitored so that there is continuous improvement in the elimination of the current constraint or a new constraint, so that the processes are constantly optimized.
TOC is effective in companies that use systemic production processes, as in a manufacture for example, whose stages of the production process are subordinate and one interferes in the quality of the other, which can interfere in the process as a whole.
The theory of constraint offers the continuous improvement of all processes and the elimination of current restrictions and the better identification of possible new restrictions, as well as the best use of organizational resources, which generates for the company greater profitability, less waste and less time delivery, improving the entire organizational process.
The stock of Ernst Electric has a beta of .87. The market risk premium is 8.6 percent and the risk-free rate is 3.7 percent. What is the expected return on Ernst Electric stock
Answer:
12.3%
Explanation:
The stock Ernst electric has beta of 0.87 percent
The market risk premium is 8.6 percent
The risk free rate is 3.7 percent
Therefore the expected return can be calculated as follows
= risk free rate + risk premium
= 3.7 % + 8.6%
= 12.3 %
Hence the expected rate of return on Ernst electric stock is 12.3%
Structural unemployment is sometimes said to result from a mismatch between the job skills that employers want and the job skills that workers have. To explore this idea, consider an economy with two industries: auto manufacturing and aircraft manufacturing. Assume that workers in these two industries require similar amounts of training, and they can choose which industry to train for at the beginning of their careers. True or False: Wages in the auto manufacturing industry would be less than those in the aircraft manufacturing industry.
Answer:
False
Explanation:
Due to the fact that the same amount of training is needed in each of the industries, wages would be the same. If wages were higher in the air craft industry, their would be an excess supply of labour in the airline industry. This would pull the wages in the airline industry down until the same wages are earned in both industries
State the method of acknolwdgement
Explanation:
A page of acknowledgements is usually included at the beginning of a Final Year Project, immediately after the Table of Contents.
Acknowledgements enable you to thank all those who have helped in carrying out the research. Careful thought needs to be given concerning those whose help should be acknowledged and in what order. The general advice is to express your appreciation in a concise manner and to avoid strong emotive language.
Note that personal pronouns such as 'I, my, me …' are nearly always used in the acknowledgements while in the rest of the project such personal pronouns are generally avoided.
The following list includes those people who are often acknowledged.
Note however that every project is different and you need to tailor your acknowledgements to suit your particular situation.
Main supervisor
Second supervisor
Other academic staff in your department
Technical or support staff in your department
Academic staff from other departments
Other institutions, organizations or companies
Past students
Family *
Friends *
To what three different audiences might you have to give a presentation? How would the presentation differ for each? Which one would be the most challeng- ing for you?
Answer:
Please see explanation below.
Explanation:
°To what three different audiences might you have to give a presentation.
Answer:
• Senior manager
• Project manager
• Team leader.
° How would the presentation differ for each.
• Senior manager. The senior manager will be presented with existing IT structures in a brief manner. In addition to being given the short description of the previous IT system, a short explanation of the newly built and improvement on these existing systems will as well be presented to the senior manager.
• Project manager. A project manager would be presented with detailed description of the project. This is because the project manager must have first knowledge of the whole project and will be held accountable for the success or failure of the project. He would also be giving reports to the senior managers.
• Team leader. The details of the current process as the project progresses will be shared with the team leader.
° Which one will be the most challenging for you.
The most challenging for me will be the project manager because he would have to be presented with a well detailed and thorough description of the whole project. More so, further details of the cost expended on the system will be shared with the project manager.
Which scenario holds true when a tariff is applied to an imported item? A. both domestic and foreign consumers pay the same price B. domestic consumers of the imported item pay a higher price C. foreign consumers of the imported item pay a higher price D domestic consumers of the imported itern pay a lower price
Answer:
i would say b, the domestic pay more.
you are planning to organize a get together for alumni. as an organizer send an invitation letter to all alumni
Answer:
hehe
Explanation:
hehe
Iverson Company purchased a delivery truck for $45,000 on January 1, 2018. The truck was assigned an estimated useful life of 5 years and has a residual value of $10,000. Compute depreciation expense using the double-declining-balance method for the years 2018 and 2019.
Answer:
Results are below.
Explanation:
Giving the following information:
Purchase price= $45,000
Useful life= 5 years
Salvage value= $10,000
To calculate the annual depreciation under the double-declining balance method, we need to use the following formula:
Annual depreciation= 2*[(book value)/estimated life (years)]
2018:
Annual depreciation= 2[(45,000 - 10,000) / 5]
Annual depreciation= 14,000
2019:
Annual depreciation= 2*[(35,000 - 14,000)/5]
Annual depreciation= $8,400
The depreciation expense using the double-declining-balance method in 2018 is $18,000 and in 2019 is $10,800.
The double-declining balance method is an accelerated depreciation method when compared with other deprecation methods.
Depreciation expense = (2 x cost of the asset) / useful life of the asset
Deprecation expense in 2018
(2 x $45,000) / 5 = $18,000
Deprecation expense in 2019
Book value in 2019 = cost of the asset - deprecation expense
$45,000 - $18,000 = $27,000
Deprecation expense = (2 x $27,000) / 5 = $10,800
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You’ve borrowed $26,838 on margin to buy shares in Company BBYT, which is now selling at $42.6 per share. You invest 1,260 shares. Your account starts at the initial margin requirement of 50%. The maintenance margin is 35%. At what price will you receive a margin call?
Answer:
the price that received a margin call is $32.77
Explanation:
The computation of the price that received a margin call is shown below:
= Borrowed amount ÷(Number of shares - ( Number of shares × Maintenance margin %))
= $26,838 ÷ (1,260 shares - (1,260 × 35%))
= $32.77
Hence, the price that received a margin call is $32.77
We simply applied the above formula and the same is to be considered
On January 1, a company purchased a five-year insurance policy for $3,300 with coverage starting immediately. If the purchase was recorded in the Prepaid Insurance account, and the company records adjustments only at year-end, the adjusting entry at the end of the first year is:_______.
a. Debit Insurance Expense. $660, credit Prepaid Insurance, $660.
b. Debit Prepaid Insurance, $660; credit Insurance Expense, $660.
c. Debit Insurance Expense, $660; credit Prepaid Insurance, $2,640.
d. Debit Prepaid Insurance, $3,300; credit Cash, $3,300.
Answer:
a. Debit Insurance Expense. $660, credit Prepaid Insurance, $660.
Explanation:
The adjusting entry is shown below:
Insurance expense Dr $660 ($3,300 ÷ 5 years)
To Prepaid insurance
(Being the insurance expense is recorded)
here we debited the insurance expense as it increased the expense and credited the prepaid insurance as it decreased the assets
Therefore the option a is correct
Two machines are currently in use in a process at the Dennis Kira Mfg. Co. The standards for this process are and . Machine One is currently producing with mean." and standard deviation .000". Machine Two is currently producing with mean ." and standard deviation .000". Which machine has the higher capability index? Machine One has an index of nothing (round your response to two decimal places).
Complete question :
Two machines are currently in use in a process at the Dennis Kira Mfg. Co. The standards for this process are LSL = 430" and USL = .435". Machine One is currently producing with mean = 432" and standard deviation .0005". Machine Two is currently producing with mean .4315" and standard deviation .0004". Which machine has the higher capability index? Machine One has an index of ?(round your response to two decimal places)
Answer:
Machine 1 has higher capability index
Machine 1 has capability index of 1.33
Explanation:
Given the following :
Lower specification limit (LSL) = 0.430
Upper Specification Limit (USL) = 0.435
MACHINE 1:
mean = 0.432
Standard deviation(σ) = 0.0005
MACHINE 2:
mean = 0.4315
Standard deviation = 0.0004
The Process Capability Index (Cpk) :
Min[(USL - mean) /3σ, (mean - LSL) / 3σ]
FOR MACHINE 1:
MIN[(0.435 - 0.432) /3(0.0005), (0.432 - 0.430) / 3(0.0005)]
MIN[ 2. 9167, 1.3333]
Hence, Cpk of Machine 1 = 1.33
FOR MACHINE 2:
MIN[(0.435 - 0.4315) /3(0.0004), (0.4315 - 0.430) / 3(0.0004)]
MIN[ 2, 1.25]
Hence, Cpk of Machine 2 = 1.25
Machine 1 has higher capability index
Machine 1 has capability index of 1.33
Crane Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated annual overhead cost for each activity is $140,000, $240,000, and $54,000, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2,000, machine hours 24,000, and number of inspections 1,200. Compute the overhead rate for each activity. Machine setups $ per setup Machining $ per machine hour Inspections $ per inspection
Answer:
1. $70 per set up
2. $10 per machine hour
3. $45 per inspection
Explanation:
With regards to the above,
Compute the overhead rate for
1. Machine set ups
= Estimated annual overhead cost / Estimated annual Number of setups
Estimated annual overhead costs = $140,000
Estimated annual Number of setups = 2,000
= $140,000 / 2,000
= $70 per set up
2. Machining
= Estimated annual overhead costs / Estimated annual Machine hours
Estimated annual overhead costs = $240,000
Estimated annual Machine hours = 24,000
= $240,000 / 24,000
= $10 per machine hours
3. Inspection
= Estimated annual overhead costs / Estimated annual number of inspections
Estimated annual overhead costs = $54,000
Estimated annual number of inspections = 1,200
= $54,000 / 1,200
= $45 per inspection
What are the annual sales for a firm with $400,000 in debt, a total debt ratio of 0.4, and an asset turnover of 3
Answer:
$3,000,000
Explanation:
The first step is to calculate the assets
= debt / Total debt ratio
= 400,000/0.4
= 1,000,000
Therefore the annual sales for the firm can be calculated as follows
= 3 × 1,000,000
= $3,000,000
Preferred stock that has the right to prior periods' unpaid dividends even if they were not declared is called:
Answer:
cumulative preferred stocks
Explanation:
There are several ways in which you can classify preferred stocks, and one of the most important ones is cumulative or non-cumulative.
Cumulative preferred stocks are entitled to past dividends if by some reason they weren't paid by the corporation. E.g. last year no dividends were distributed, but this year preferred stockholders will receive two payments. Non-cumulative preferred stocks are not entitled to past dividends if they were not paid in their specific period. E.g if last year no dividends were declared, then they are lost and will not be paid in the future.In 2019, Elaine paid $2,960 of tuition and $1,040 for books for her dependent son to attend State University this past fall as a freshman. Elaine files a joint return with her husband. What is the maximum American opportunity tax credit that Elaine can claim for the tuition payment and books in each of the following alternative situations? (Leave no answer blank. Enter zero if applicable.) rev: 02_29_2020_QC_CS-202942 a. Elaine’s AGI is $103,250.
Answer:
$2,500
Explanation:
Elaine can deduct the first $2,000 and then [($4,000 - $2,000) x 25%] = $2,500 (maximum available deduction). Since Elaine files her taxes with her husband and their combined AGI is less than $160,000, then she can claim the full annual credit. The AOTC starts to phase out when the combined AGI is higher than $160,000 and phases out completed when it reaches $180,000.
The primary focus for financial accounting information is to provide information useful for: Investing decisions Credit decisions a. Yes Yes b. Yes No c. No Yes d. No
Answer:
a. Yes yes
Explanation:
The primary focus for financial accounting information is to provide useful information to investors for decision making. This is to enable both present and potential investors have prior knowledge and state of affairs of the company or business they want to spend their money on.
However, in the long run, the focus for financial accounting would also include providing useful information for credit decisions. The aforementioned would only occur if a company is able to generate profit hence providing rate of returns to their investors.
Answer:
MAYBE
Explanation:
yes + no = maybe
During a recessionary gap due to insufficient aggregate demand, the government should ________ spending by an amount determined by the spending multiplier in an attempt to return the economy to potential GDP/full employment. g
Answer:
Increase
Explanation:
Recessionary gap is simply defined as that which happens or occurs when the current/actual is less than the needed that is below potential. It is simply when the equilibrium level of real GDP falls short of potential GDP.
Recessionary gap (expansionary FP) can be handled or fixed by increasing government spending, decrease in tax rates and Increasein transfers
For a country A, the GDP growth rate is 8 percent and inflation is 4 percent. If the velocity of money remains constant, what is the change in real money balances
Answer:
The change in the real money balance is 12%
Explanation:
As per gievn data
GDP growth rate = 8%
Inflation = 4%
The real money change is as follow
Equation
Delta M + Delta V = Delta P + Delta Y
Where
Delta M = Real money change = ?
Delta V = Change in velocity = 0
Delta P = Inflation rate = 4%
Delta Y = GDP growth rate = 8%
Placing values in the above equation
Delta M + 0 = 4% + 8%
Delta M = 12%
Hence the money balance will increase by 12%.
Decision on Transfer Pricing Materials used by the Instrument Division of XPort Industries are currently purchased from outside suppliers at a cost of $185 per unit. However, the same materials are available from the Components Division. The Components Division has unused capacity and can produce the materials needed by the Instrument Division at a variable cost of $154 per unit. a. If a transfer price of $168 per unit is established and 33,200 units of materials are transferred, with no reduction in the Components Division's current sales, how much would XPort Industries’ total income from operations increase?
Answer:
$1,029,200
Explanation:
The computation of net income increases is shown below:-
Market purchase cost = 33,200 × $185
= $6,142,000
Component division variable cost = 33,200 × $154
= $5,112,800
Net income increases = $6,142,000 - $5,112,800
= $1,029,200
hence, the net income would be increased by $1,029,000 and the same is to be considered
Which of the following statements is correct regarding expenses.
a. Expenses increase equity.
b. Expenses are increased on the left side of their T-account because they decrease equity.
c. Expenses are reported on the left side of the accounting equation.
d. Expenses result from products or services provided to customers
Answer:
b. Expenses are increased on the left side of their T-account because they decrease equity.
Explanation:
Expenses arise during operation. The conceptual framework defines expenses as decrease in economic benefits as a result of increase in liabilities and decreases in assets. The result being a decrease in equity attributable to shareholders. Examples of expenses include depreciation, interest, utilities and wages expenses.
b. Expenses are increased on the left side of their T-account because they decrease equity.
The following information should be considered:
The expenses should represent the decrease in economic benefits due to which there is an increase in liabilities and decreases in assets. The result is a decrease in equity.Examples include depreciation, interest.Learn more: https://brainly.com/question/13981855?referrer=searchResults
The yield on a three-month T-bill is 4%, the yield on a 10-year T-bond is 5.36%. the market risk premium is 10.18%. and the Allen Company has a beta of 1.25. Using the Capital Asset Pricing Model (CAPM) approach, Allen’s cost of equity is:_______
Answer: 18.09%
Explanation:
Capital Asset Pricing Model = Risk free rate + beta * Market premium
= 5.36% + 1.25 * 10.18%
= 0.18085
= 18.09%
Note: Use the yield on a 10-year T-bond as long term risk free rates take into account more volatility.
Suppose that the pizza shop sells a new possible topping, sardines, but insists that eachpizza either have sardines or anchovies. How many possible varieties of pizza does theshop now offer
Answer: 3
Explanation: The pizza shop which just added sardine to its toppings now has a varieties of three (3) toppings which it serves it customers. This is made possible because a customer can order for a pizza with sardine, or anchovies or also order for a combination of both toppings. So by doing so the pizza shop offers three toppings.
Bonds often pay a coupon twice a year. For the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. Using the values of cash flows and number of periods, the valuation model is adjusted accordingly. Assume that a $1,000,000 par value, semiannual coupon U.S. Treasury note with three years to maturity (YTM) has a coupon rate of 3%. The yield to maturity of the bond is 7.70%. Using this information and ignoring the other costs involved, calculate the value of the Treasury note: $1,051,447.12 $876,205.93 $744,775.04 $552,009.74
Answer:
$876,205.93
Explanation:
Calculation for the value of the Treasury note
FV= 1,000,000
N=3*2
N=6
PMT=3%*1,000,000/2
PMT=30,000/2
PMT= 15,000
I/Y=7.7/2
I/Y= 3.85
Using financial calculator to find the present value of the treasury note
Present Value = $876,205.93
Therefore the present value of the treasury note will be $876,205.93
At the end of the current year, Newsmax Inc. has $400,000 of subscriptions received in advance included in its balance sheet. A disclosure note reveals that the entire $400,000 will be recognized in the income statement in the next year. In the absence of other temporary differences, in the balance sheet one would also expect to find a:
Question Completion with answer options:
a- Current deferred tax asset
b- Non-current deferred tax asset
c- Current deferred tax liability
d- Non-current deferred tax liability
Answer:
Newsmax Inc.
In the absence of other temporary differences, in the balance sheet one would also expect to find a:
a- Current deferred tax asset
Explanation:
When Newsmax Inc. received the subscriptions of $400,000 in advance, a deferred tax asset will arise on its balance sheet. This deferred tax asset results from the overpayment or advance payment of taxes on the $400,000 taxed because cash has been received, although, the associated costs have not been recorded. Deferred tax asset is the opposite of a deferred tax liability as the latter represents income taxes owed to the IRS, which will be settled in the coming period(s).
CDB stock is currently priced at $85. The company will pay a dividend of $5.69 next year and investors require a return of 11.6 percent on similar stocks. What is the dividend growth rate on this stock?
Answer:
4.91%
Explanation:
CDB stock is currently priced at $85
The company will pay a dividend of $5.69
The required return is 11.6%
There for the dividend growth rate on this stock can be calculated as follows
11.6/100= (5.69/85) + growth rate
0.116= 0.0669 + growth rate
0.116 - 0.0669 = growth rate
0.0491 × 100 = growth rate
Growth rate = 4.91%
Cameroon Corp. manufactures and sells electric staplers for $16 each. If 10,000 units were sold in December, and management forecasts 4% growth in sales each month, the number of units of electric stapler sales budgeted for March should be:_______
Answer:
= $173,056
Explanation:
The computation of the number of units of electric stapler sales budgeted for March is shown below:-
February = 10,000 + (4% × 10,000)
= 10,400
March = 10,400 + (4% × 10,400)
= 10816
and finally
The Budget sale for stapler for the month of March = 10,816 × 16
= $173,056
Automatic Transmissions, Inc., has the following estimates for its new gear assembly project: price = $1,130 per unit; variable cost = $350 per unit; fixed costs = $4.86 million; quantity = 76,000 units. Suppose the company believes all of its estimates are accurate only to within ±16 percent. What values should the company use for the four variables given here when it performs its best-case and worst-case scenario analysis?
Answer and Explanation:
The computation is shown below:
Situations Unit sales Unit price Unit variable cost Fixed cost
Base 76,000 $1,130 $350 $4.86 million
Best 88,160 $1,311 $294 $4.0824 million
(76,000 × 1.16) ($1,130 × 1.16) ($350 × 0.84) ($4.86 × 0.84)
Worst 63,840 $949 $406 $5.6376 million
(76,000 × 0.84) ($1,130 × 0.84) ($350 × 1.16) ($4.86 × 1.16)
The values should the company use for the four variables given here when it performs its best-case and worst-case scenario analysis :
Situations Unit sales Unit price Unit variable cost Fixed cost
Base 76,000 $1,130 $350 $4.86 million
Best 88,160 $1,311 $294 $4.0824 million
(76,000 × 1.16) ($1,130 × 1.16) ($350 × 0.84) ($4.86 × 0.84)
Worst 63,840 $949 $406 $5.6376 million
(76,000 × 0.84) ($1,130 × 0.84) ($350 × 1.16) ($4.86 × 1.16)
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Given the following information, calculate the loan-to-value ratio of this commercial loan: estimated net operating income in the first year: $150,000; debt service in the first year: $100,000; loan amount: $1,000,000; purchase price: $1,300,000.
Answer:
0.77
Explanation:
Calculation for the loan-to-value ratio
Using this formula
Loan-to-value ratio=Loan amount/ Purchase price
Let plug in the formula
Loan-to-value ratio=1,000,000/1,300,000
Loan-to-value ratio= 0.77
Therefore the loan-to-value ratio of this commercial loan will be 0.77
A company offers ID theft protection using leads obtained from client banks. Three employees each work 40 hours a week on the leads. These employees are each paid $25 per hour. Each employee identifies an average of 3,000 potential leads a week. There are no duplications in these three lists. Material costs are $1,000 per week, and overhead costs are $9,000 per week. An average of 4 percent of the potential leads actually sign up for the service, paying a one-time fee of $70. Consider the output as the fees generated. a) What are the labor hours productivity and the multifactor productivity for this operation
Answer:
Output = 4%*3000 * $70 * 3
Output = $25,200
Labor hours productivity = Output / Labor hour
Where Labor hour = 3 * 40 hours = 120 hours
Labor hours productivity = $25,200 / 120 hours
Labor hours productivity = $210 per labor hour
Multi factor productivity for this operation = Output / Multi factor input
Where Multi factor input = 120*$25 + $1,000 + $9,000 = $13,000
Multi factor productivity for this operation = $25,200 / $13,000
Multi factor productivity for this operation = 1.938462
Multi factor productivity for this operation = 1.94
Rode Company estimates bad debt expense at 1% of credit sales. The company reported accounts receivable of $100,000 and a pre-adjustment credit balance in its allowance for uncollectible accounts account of $2,000 at the end of the current year. During the current year, Rode’s credit sales were $2,000,000. What is the amount of the company’s bad debt expense for the current year?
Answer:
$20,000
Explanation:
Calculation for the amount of the company’s bad debt expense for the current year
Using this formula
Bad debt expense = Credit Sales Amount × Estimated percentage uncollectible
Let plug in the formula
Bad debt expense = $2,000,000 × 1%
Bad debt expense =$20,000
Therefore the amount of the company’s bad debt expense for the current year will be $20,000
Cluck Kent Co. has a periodic inventory system. The company purchased 250 units of inventory at $14.00 per unit and 400 units at $15.00 per unit. What is the weighted average unit cost for these purchases of inventory?
a. $14.00
b. $15.00
c. $14.50
d. $14.62