Answer: An established company shopping around for a new parts supplier
Explanation:
A well established company that is shopping around for a new parts supplier will have greater bargaining power as more powerful companies usually do. This is because with well established companies, it is advantageous for suppliers to be the company's preferred suppliers as they will be sure that they have a stable consumer that will continually patronize them.
This is unlike a start-up company that is trying to sell its parts. As they are still at an early stage, they will have to offer less prices than already established suppliers in order to capture market share. They are therefore in a worse off position to negotiate.
A corporation makes a payment of $2.65 million at the end of 2017 for services rendered by a large database company. With an annual interest rate of 11%, what annual payments at the end of years 2017 through 2022 will be equivalent to $2.65 million at the end of 2017?
Answer:
Required PMT = $564,334 (Approx)
Explanation:
Given:
Present value (PV) = $2,650,000
Rate (r) = 11% = 0.11
Time (n) = 6
Find:
Required PMT
Computation:
[tex]PV=PMT[\frac{1-(1+r)^{-n}}{r} ][1+r] \\\\ 2,650,000=PMT[\frac{1-(1+0.11)^{-6}}{0.11} ][1+0.11] \\\\ 2,650,000=PMT[\frac{0.4653}{0.11} ][1.11] \\\\ 2,650,000=PMT[4.6958] \\\\ PMT = 564,334.086[/tex]
Required PMT = $564,334 (Approx)
What is the difference between measures of inflation which only use CPI and the core measures of inflation
Answer is given below
Explanation:
When using the basic measures of CPI and inflation compared to the difference between inflation measures, major inflation does not include the goods and services included in the CPI, which experiences constant price shocksThe inflation rate is accurate only for the person who buys all the goods and services in the basket.And the analyst measures the representative price of the goods at the total cost at two points and compares the cost difference.Provincial Co. estimates it is probable that it will receive a $10,000 gain contingency and pay a $4,000 loss contingency. After recording the appropriate journal entries to recognize contingent amounts, Provincial Co.'s net assets will: Group of answer choices Decrease by $4,000 Increase by $10,000 Increase by $6,000 Not change
Answer: Decrease by $4,000
Explanation:
Contingency amount simply means the fund which a company puts aside in order to settle unforeseen expenses that the company may incur in future.
Gain contingency simply means that the future occurence brings about a gain to the business while loss contingency simply means that the future occurence brings about a loss to the business.
In this scenario, since Provincial Co. estimates it is probable that it will receive a $10,000 gain contingency and pay a $4,000 loss contingency.
After recording the appropriate journal entries to recognize contingent amounts, Provincial Co.'s net assets will decrease by $4,000 as $4000 will be removed because it's a loss.
Safety regulations require that the time between airplane takeoffs (on the same runway) will be at least 2 minutes. When taking off, the run time of an airplane on the runway is 42 seconds. Planes are on average waiting 3 minutes and 42 seconds for take-off. On average there are 15 planes taking off per hour.
Required:
How many planes are either on the runway or waiting to take off?
Answer:
1.03 airplanes
Explanation:
Calculation for How many planes are either on the runway or waiting to take off
First step is to calculate the flow time
Flow Time = (0.70 + 3.42)/60
Flow Time =4.12/60
Flow Time= 0.0687
Last step is to calculate How many planes are either on the runway or waiting to take off
Using this formula
Numbers of plane = Throughput Rate × Flow Time
Where,
Throughput Rate = 15 planes per hour
Let plug in the formula
Numbers of plane= 15 × 0.0687= 1.03 airplanes
Note that runway 42 seconds/60 minutes will gives us 0.70
Therefore How many planes are either on the runway or waiting to take off will be 1.03 airplanes
In a macroeconomic context, what are implicit liabilities? Money owed to people possessing government issued bonds. The amount of money that firms collectively owe to shareholders. Money that the government has promised to pay in the future. Payments that the Federal Government undertakes only during periods of recession.
Answer: Money that the government has promised to pay in the future
Explanation:
Implicit liabilities are the money that the government has promised to pay in the future. It should be noted that the implicit liabilities are not included in the debt statistics
These liabilities are a burden in the government which the citizen expects them to oblige. Examples of implicit liabilities are social security benefits, health insurance, etc.
A time standard was set as 0.20 hour per unit based on the 20th unit produced. Assume the task has a 75 percent learning curve. Refer to Exhibit 6.4. What would be the expected time of the 40th, 80th, and 160th units? (
Answer:
0.2 hours = 12 minutes required to produce the 20th unit
I used an online learning curve calculator to solve this question
40th unit
the time it takes to produce the 40th unit = cumulative time required to produce 40 units - cumulative time required to produce 39 units. Since we are given the time to produce the 20th unit, then we must adjust our formula (12 minutes will be used as the time required to produce 1 unit) ⇒ cumulative time required to produce 20 units - cumulative time required to produce 19 units = 105.940 minutes - 102.479 minutes = 3.461 minutes
80th unit
we will modify all our calculations in the same way as before in order to determine the expected time of the 80th and 160th units:
the time it takes to produce the 80th unit = time required to produce 60 units - time required to produce 59 units = 211.990 minutes - 209.796 = 2.194 minutes
160th unit
the time it takes to produce the 160th unit = time required to produce 140 units - time required to produce 139 units = 356.020 minutes - 354.477 = 1.543 minutes
When customers have to pay the bill themselves, they are likely to be more price sensitive.
A. True
B. False
Answer:
A. True
Explanation:
Price sensitivity can be defined as a measure of the degree to which the selling price of a product affects the purchasing behavior of a customer.
This ultimately implies that, a price sensitive customer is impacted negatively by the price of a product and as such would be stuck between making the decision of whether to buy or not buy the product.
Hence, when customers have to pay the bill themselves, they are likely to be more price sensitive because they are solely responsible for the payment. Therefore, it's an innate nature of human to be less sensitive to the price of goods and services when it's another person paying for them or say when sharing the cost.
A 15-year annuity pays $2,200 per month, and payments are made at the end of each month. If the interest rate is 10 percent compounded monthly for the first seven years, and 6 percent compounded monthly thereafter, what is the present value of the annuity
Answer:
$215,895.24
Explanation:
The present value of an annuity is the current value of future payments from an annuity, given a specified rate of return, or discount rate. The higher the discount rate, the lower the present value of the annuity
First find the present value of the last 8 years of payment:
PV after 7 years: 2200 * (p/a,6%/12,96 )
PV = 2200 * (1-(1+0.06/12)-96/(0.06/12)
PV = 2200 * 76.0952
PV = $167,409.48
Present value today discounted by 84 months at 10% compounded monthly PV = 167409.48/(1+0.10/12)84
PV = $83,374.57
PV of first 7 years of payment:
2200 * (p/a,10%/12,84 )
PV = 2200 * (1-(1+0.10/12)-84/(0.10/12)
PV = 2200 * 60.2367
PV = $132,520.67
Total Present value of the annuity = $83,374.57 + $132,520.67
Total Present value of the annuity = $215,895.24
Item2 Time Remaining 1 hour 12 minutes 49 seconds01:12:49 Item 2Item 2 Time Remaining 1 hour 12 minutes 49 seconds01:12:49 Revenue on account amounted to $5,000. Cash collections of accounts receivable amounted to $2,300. Expenses for the period were $2,100. The company paid dividends of $450. What was net income for the period
Answer:
$2,900
Explanation:
Net Income is the difference between sales and expenses incurred during the Reporting Period. This is calculated in the Income Statement.
Net Income = $5,000 - $2,100
= $2,900
If Ohlm pledged its receivables as security for a loan from the bank, where on the financial statements does it disclose this pledge of receivables?
Answer:
The pledge of receivables as a security for a loan from the bank will be disclosed in the notes to the balance sheet.
Explanation:
If Company A pledges its Accounts Receivable as a security for a bank loan, then in the accounts receivable account description, a note is attached, stating the amount of the receivables pledged as collateral and the description of the loans for which they were pledged. Most times, a pledged asset can reduce the down payment that is required for a loan. It can also reduce the interest rate charged.
"Helen recently invested in real estate with the intention of selling the property one year from today. She has modeled the returns on that investment based on three economic scenarios. She believes that if the economy stays healthy, then her investment will generate a 30 percent return. However, if the economy softens, as predicted, the return will be 10 percent, while the return will be -25 percent if the economy slips into a recession. If the probabilities of the healthy, soft, and recessionary states are 0.7, 0.2, and 0.1, respectively, then what are the expected return and the standard deviation of the return on Helen’s investment? (Round answers to 3 decimal places, e.g. 0.125 and round intermediate calculations to 5 decimal places, e.g. 0.07680.) Expected return Standard deviation"
Answer:
Expected returns = (return with healthy economy x probability of healthy economy) + (return with soft economy x probability of soft economy) + (return of recessive economy x probability of recessive economy) = (30% x 0.7) + (10% x 0.2) + (-25% x 0.1) = 20.5%
Variance = (30² x 0.7) + (10² x 0.2) + (-25² x 0.1) - 20.5² = 630 + 20 + 62.5 - 420.25 = 292.25
Standard deviation = √292.25 = 17.095 = 17.1%
In the _______________ stage of the industry life cycle, there are few segments, the emphasis on process design is low, and the major functional areas of concern are general management and finance.
Answer:
Decline.
Explanation:
In the decline stage of the industry life cycle, there are few segments, the emphasis on process design is low, and the major functional areas of concern are general management and finance.
Grouper Corporation began operations in 2020 and reported pretax financial income of $218,000 for the year. Groupers tax depreciation exceeds its book depreciation by $40,000. Groupers tax rate for 2020 and years thereafter is 30%. In its December 31, 2020, balance sheet, what amount of deferred tax liability should be reported
Answer:
$12,000
Explanation:
Calculation for the amount of deferred tax liability should be reported
Using this formula
Deferred tax liability =Groupers tax depreciation ×Groupers tax rate
Let plug in the formula
Deferred tax liability =$40,000×30%
Deferred tax liability=$12,000
Therefore the amount of deferred tax liability should be reported will be $12,000
There are ___ different Bright Futures scholarships
1
2
3
4
Answer:
3
Explanation:
there are three different bright future scholarships
Franklin Foods announced that its sales were $1,233,450 this year. The company forecasts a growth rate of 16 percent for the foreseeable future. How long will it take the firm to produce earnings of $3 million? (Round off to the nearest year.)
Answer:
6 years
Explanation:
The computation of the number of years is shown below:
As we know that
Future value = Present value × (1 + interest rate)^number of years
$3,000,000 = $1,233,450 × (1.16)^n
($3,000,000 ÷ $1,233,450) = (1.16)^n
2.4322 = (1.16)^n
Now take log on both sides
log 2.4322 = n × log 1.16
n = log 2.4322 ÷ log 1.16
= 6 years
Adaptability is essential to competent communication because communication is always _______________________.
Answer:
dynamic.
Explanation:
Adaptability is essential to competent communication because communication is always dynamic.
Adaptability means the ability to adjust to a new thing or to changes in an old thing.
Communication is not new to the world. It is a process of sending and receiving messages or an individual's intent.
Competent Communication is one where the sender (encoder) and receiver (decoder) get satisfied that they've understood each other.
There are different forms of communication - Sign Language, Written notes, Audio means, Video, Telecommunications, Internet channels, etc.
From the examples above, you can tell that communication never stops metamorphosing. It graduates from one to another over time.
For competence in communication, people need to adapt to the ever dynamic channels of communication
A large company has a policy prohibiting employees from blogging about company products.What are some possible reasons for the policy
Answer:
First of all, when a company forbids its employees from blogging about company products it does not violate the first amendment. Employees are required to keep confidentiality about the company they work for.
Many companies prohibit employees from blogging (or any use of social media) about the company because employees represent the company they work for. E.g. imagine that you work for AT&T. If you make a bad comment about cell phone services and other people know that you work for AT&T, it may end up damaging AT&T's reputation or brand image. All types of videos and postings go viral, and even comments that you make to a friend might end up being seen by thousands or millions. You are free to express any opinion that doesn't affect your company, and there are thousands of subjects you can talk about. Just do not talk about work.
Say there is a decrease in the price of one of the inputs needed to produce good Y. As a result, the equilibrium price of X(a substitute) will:_______
Answer:
The equilibrium price of substitute good X will reduce
Explanation:
Substitute goods are goods that satisfy the same basic kind of demands, and in terms of production, substitute goods are goods that require the same raw materials for production, as a result, one of the goods can be used in place of the other. If there is a decrease in the price of one of the inputs needed to produce good Y, this will eventually result in the selling price of good Y, hence an increase in demand for Y and a reduction in the demand for good X, as a result, the equilibrium price of X will reduce to maintain the demand.
________ brands enable manufacturers to leverage marketing resources by creating efficiencies inmarketing communications and distribution
Answer:
National.
Explanation:
Just as the name NATIONAL, it implies the said the brand is one which is been sold across the said nation in numerous places and cities but with a particular name which is tagged the name. it's owned by a producer or distributor though it's hostile local brands, and to private-label brands.
National brands compete with local and personal brands. National brands are produced by, cosmopolitan by, and carry the name of the manufacturer. Local brands may appeal to those consumers who favor small, local producers over large national or global producers, and who may favor to pay a premium to be purchased locally.
A 25 year bond issued today by Carris, Inc. has a coupon rate of 11%, a required return of 12% and a face value of $1000. The bond will be sold 8 years from now when interest rates will be 9%. What is the beginning value of the bond when it is issued (to the nearest dollar)
Answer:
bond's current market value = $921.56
Explanation:
the current market price of the bond is calculated by adding:
present value of bond's face value = $1,000 / (1 + 12%)²⁵ = $58.82present value of coupon payments = $110 x 7.8431 (PV annuity factor, 12%, 25 periods) = $862.74bond's current market value = $921.56
Miyagi Data, Inc., sells earnings forecasts for Japanese securities. Its credit terms are 2/10, net 50. Based on experience, 80 percent of all customers will take the discount. a.What is the average collection period
Answer:
a. Average collection period = 18 days
b. Average balance = $1,717,112.33
Explanation:
b. If the company sells 1,240 forecasts every month at a price of $2,340 each, what is its average balance sheet amount in accounts receivable?
a. Average collection period = 80%(10 days) + 20%(50 days)
Average collection period = 0.80(10 days) + 0.20(50 days)
Average collection period = 8 days + 10 days
Average collection period = 18 days
b. Average balance = 1240 * $2,340 * 12*(18/365)
Average balance = 1240 * $2,340 * 12 * 0.0493151
Average balance = 1717112.32992
Average balance = $1,717,112.33
What is the average income of an economy with a Gini coefficient of 0.2 and a covariance between income and cumulative distribution of income equal to 180?
Answer:
Average Income = $450
Explanation:
The Gini coefficient is an index of measuring inequality of inome or wealth distribution among population within countries and between countries.
Gini Coefficient = Covariance between income and cumulative distribution of income / 2 (average income) . It implies, Average income = Covariance between income and cumulative distribution of income / 2 Gini coefficient
Average income = 180 / 2*0.2
Average income = 180 / 0.4
Average Income = $450
Hence, the average Income of the economy is $450.
Greg's Corner Bakery purchased a lot in Bozeman six years ago at a cost of $98,700. Today, that lot has a market value of $128,900. At the time of the purchase, the company spent $6,500 to level the lot and another $12,000 to install storm drains. The company now wants to build a new facility on the site at an estimated cost of $494,200 ($400,000 for the property and $94,200 for ovens, mixers, and other equipment). What amount should be used as the initial cash flow for the net fixed assets of this project
Answer:
Ye
Explanation:
The blank support free trade in market expansions, and it also resolves conflict of interest and disputes that occur between its members. This body replaced the blank agreement, signed in 1947.
Blank#1 answers
-WTO
-WIPO
-IMF
Blank#2 answers
-USD
-GATT
-PCT
Answer:
IMF
Explanation:
One necessary condition for deadlock is ______, which states that there is a chain of waiting processes whereby P0 is waiting for a resource held by P1, P1 is waiting for a resource held by P2, and Pn is waiting for a resource held by P0.
Answer:
Circular wait.
Explanation:
Of all four necessary conditions of deadlocks encountered so far, i can easily ascertain that the circular wait is the perfect match for the case above.
The circular wait algorithm processes are required to access or use a resource a specific order, so when one process is finished employing a resource, the following process within the queue takes the resource, uses it after which it'll give to the following waiting process in queue and also the sequence continues.
Assuming you've got three process named A, B and C and that they must use a resource in an exceedingly manner that circular wait are going to be implemented, process A will take the resource and use it for a substantial amount of your time and when it's done process B will take the resource and use it for a substantial amount of your time so hand the resource to process C. Process C will hand the resource to A after it's finished it, and therefore the process continues that way.
Standard Company has a contingent liability that has a likelihood of actual occurrence that is classified probable. Also, the amount of the liability can be reasonably estimated. Under these circumstances, Standard is required to:_______________
Answer:
Recognizes a liability and an expense in its financial statements.
Explanation:
Stuffs or periods like this are said to return up thanks to outvomes that are appeared thanks to uncertain futire events in a very company. This liability format may be a potential liability which will occur within the future, like pending lawsuits or honoring product warranties. If the liability is probably going to occur and therefore the amount may be reasonably estimated, the liability should be recorded within the accounting records of a firm.
Contingent liabilities are recorded to confirm that the financial statements are accurate and meet GAAP or IFRS requirements.
What is the FCAC, assuming that the project will continue at the same rate of efficiency as has been realized in through the first 6 weeks?
Answer:
It is a nodal agency.
Explanation:
FCAC stands for Financial Consumer Agency of Canada. It is an independent agency of the government of Canada which enforces the consumer protection legislation, the regulations as well as the industry commitments by some federally regulated financial entities.
FCAC is a consumer-oriented protections to ensures and regulate consumer problems.
Sally and Alicia are equal general partners in a business. They are content with their current management and tax situation but are uncomfortable with their unlimited liability. Which form of business entity should they consider as a replacement to their current arrangement assuming they wish to remain the only two owners of the business
Answer: Limited Liability Company
Explanation:
Based on the scenario above, the form of business entity should they consider as a replacement to their current arrangement assuming they wish to remain the only two owners of the business is a limited liability company.
A Limited Liability Company is a form of business that is limited by shares and gives protection to its owners as the owners are only liable to the debt of the business based on the value of their shares in the business.
.
Suppose that management has misstated the rate sensitivity of the bank’s money market deposit accounts because the bank has not changed the rate it pays on these liabilities for six months and doesn’t plan to change them in the near future. Will the bank profit if rates rise over the next 90 days?
Answer:
Yes the bank will benefit from the increased interest rates.
Explanation:
The increase in the interest rate causes a bank to earn profits. The bank will make profit by the increased interest rates as they have initially set lower interest rate for the lending of fund. The rise in interest rate will cause increased interest payments to the bank causing the bank to raise its profits.
In Lawler v. Montblanc North America, where Lawler, a store manager, was fired after telling her employer that she could not work more than 20 hours a week due to a medical condition, she sued for emotional distress and the appeals court held that:
Answer:
the appeals court held that she had no claim for emotional distress because the situation was upsetting, not outrageous.
Explanation:
'Lawler v. Montblanc North America' was a case file by Cynthia Lawler, a store manager against Montblanc North America, LLC and its CEO and President.
On January 11, 2013, the Court of Appeals ruled the claims by Lawler as factless and passed judgement in favor of Montblanc. The Court of Appeals ruled that Lawler's emotional distress was not severe. The Court did not find Lawler's emotional distress in 'severe' case, thus the court held that though the situation was upsetting, but her condition was not outrageous.