Answer:
it is the process of structuring, planning and directing the resourxes and members of the organization to ahieve its goal.
Explanation:
basically, planning and organizing a company so it can reach its goals
Answer:
Organizational management is the process of structuring, planning, and directing the resources and members of the organization to achieve its goal. In the world of business, the end goal is pretty much the same - to make a profit for the organization's owners.
Explanation: In simpler terms, ... is the art of getting people together (gathering) on one or a common platform (place) and work towards a goal. The process of doing so in order to get to your goal.
Leverage Corporation sells two products: Regular and Supreme. Leverage sells three Regulars for every two Supremes. The Regular sells for $20 each with variable costs of $11 each, whereas the Supreme sells for $25 each with variable costs of $15 each. If fixed costs are $21,000, what is the breakeven point in unit
Answer:Break even points of the two propduct =2,234.04 units With each product having 1,340 .4 units for regular and supreme with 893.6units
Explanation:
Product--- Regular
Contribution Margin per unit = Selling price - variable price
=$20-$11=$9
Product--- Supreme
Contribution Margin per unit = Selling price - variable price
=$25-$15=$10
Product mix are in the ratio 3: 2 therefore
Supreme contains 3/3+2 x 100 = 60 %
Regular = 2/3+2 x 100 = 40%
Weighted Average Contribution Margin for each product becomes
Regular =$9 x 60%= 5.4
Supreme =$ 10x 40%-=4.0
Total= 9.4
Break even points of the two propduct =Total Fixed Cost /Weighted Average Contribution Margin
$21,000.00 /9.40 = 2,234.04 units
`With each units having
Regular Supreme
3 : 2
60% 40%
2,234.04 x 60% 2,234.04 x 40%
1,340.4 units 893.6units
Sanfran Company purchased inventory for . In addition they had purchase returns of and paid freightin of . Sanfran Company's net cost of purchases would be:
Answer:
The net cost of purchase is $123,000
Explanation:
The computation of the net cost of purchase is shown below:
Purchase cost of inventory $120,000
Less: Purchase return -$9,000
Add: Freight in cost $12,000
Net cost of purchases $123,000
hence, the net cost of purchase is $123,000
We simply applied the above equation so that the correct value could come
and the same is to be considered
Markley Manufacturing calculated its predetermined overhead rate to be 120% of direct labor cost. During June, the company incurred $90,000 of factory labor costs, of which $85,000 is direct labor and $5,000 is indirect labor. Actual overhead incurred was $84,000. How much will Markley debit Work in Process Inventory in June
Answer:
$102,000
Explanation:
Calculation for How much will Markley debit Work in Process in June
Using this formula
Debit Work in Process =Direct labor* Direct labor predetermined overhead rate percentage
Let plug in the formula
Debit Work in Process=$85,000 *120%
Debit Work in Process=$102,000
Therefore Markley debit Work in Process in June will be $102,000
what factors do you think led to the rise of this additional source of income for composers and musicians
Answer: See explanation
Explanation:
The factors that led to the rise of this additional source of income for composers and musicians were due to the fact that music began to be widely accepted and the publicity also helped.
In the classical era, it should be noted that the kings supported musicians as music was played at palace and were also part of rituals. Musicians were called to different ceremonies and were rewarded handsomely for their music.
It was then widely accepted among the people in the society. The number of musicians increased as well and they became popular, made more money and also became popular.
.
Otis Corp. uses a periodic system and the FIFO method. Otis had beginning inventory of 30 units purchased at $120 each and made the following purchases during the year: Jan. 15: 34 units at $110 May 30: 61 units at $84 Oct. 20: 160 units at $60 Sales during the year totaled 271 units. What is the cost of ending inventory
Answer:
the cost of ending inventory is $840
Explanation:
The computation of the cost of ending inventory is shown below:
Total units available for sale is
= (30 units + 34 units + 61 units + 160 units)
= 285 units
And,
Sales units = 271 units
So,
Ending inventory units is
= 285 units - 271 units
= 14 units
Finally
Ending inventory cost is
= 14 units × $60
= $840
hence, the cost of ending inventory is $840
An interest rate is 12% per annum with continuous compounding. What is the equivalent rate with semiannual compounding
Answer:
11.66%
Explanation:
The interest rate of continuous compounding is known as the effective interest rate and this is 12%. The interest equivalent of this, compunded a number of times in a year is known as the norminal rate.
The Nominal rate with semiannual compounding is calculated using a financial calculator as follows :
12% SHIFT + EFF%
P/YR = 2
SHIFT NOM% = 11.66%
Two machines, A and B, which perform the same functions, have the following costs and lives. Type PV Costs Life Machine A $6,000 5 yr Machine B $8,000 7 yr Which machine would you choose
Answer:
Machine A
Explanation:
See attachment for tabulation
A firm offers terms of 1/25, net 40. a. What effective annual interest rate does the firm earn when a customer does not take the discount
Answer: 27.70%
Explanation:
The following can be deduced from the question:
Discount = 1%
We then calculate the interest rate based on the discount given in the question. This will be:
= 1%/(100% -1%)
= 1%/99%
= 0.01/0.99
= 0.0101
= 1.01%
Number of days given in respect for the interest = 40 - 25 = 15days
The effective annual interest will be calculated as:
= ((1 + int rate)^m) -1
= ((1 + 1.01%)^(365/15)) - 1
= (1.01)^(24.3) - 1
= 0.27702
= 27.70%
You bought a STRIP at 96 dollars with maturity of 3 years. Calculate the yield to maturity of this STRIP _______% (keep two decimal points)
Answer: 0.0136
Explanation:
The following information can be gotten from the question:
Current price = $96
Par Value = $100
Time to Maturity = 3 years
Semiannual Period = 3 × 2 = 6
The yield to maturity of this STRIP will be calculated as:
Let the semiannually yield to maturity be represented by y.
96 = 100/(1 + y)^6
Cross multiply
96(1+y)^6 = 100
Divide both side by 96
(1+y)^6 = 100/96
(1+y)^6 = 1.0417
1 + y^6 = 1.0417
y^6 = 1.0417 - 1
y^6 = 0.0417
y = 0.0068
Therefore, the semiannual YTM = 0.0068
Annual YTM will now be:
= 2 × Semiannual YTM
= 2 × 0.068
Annual YTM = 0.0136
Consider a portfolio with 80% invested in asset X and 20% invested in asset Y . The volatility of each asset is the same and equals to 0.2. The correlation coefficient between the two asset returns is 50%. What is the portfolio volatility
Answer:
The portfolio volatility is 26.83%.
Explanation:
The portfolio volatility refers to the standard deviation of the rate of return of an investment portfolio.
To calculate the standard deviation, the variance of the of the return on the portfolio is first calculated using the following formula:
Portfolio return variance = (WX^2 * SDX^2) + (WY^2 * SDY^2) + (2 * WX * SDX * WY * SDY * CFxy) ......................... (1)
Where;
WX = Weight of Stock X = 80%
WY = Weight of Stock Y = 20%
SDX = Standard deviation of stock X return = 0.2
SDY = Standard deviation of stock Y return = 0.2
CFxy = The correlation between stock X and stock Y = 50%
Substituting all the values into equation (1), we have:
Portfolio return variance = (80%^2 * 0.2^2) + (20% * 0.2) + (2 * 80% * 0.2 * 20% * 0.2 * 50%)
Portfolio return variance = 0.072
The standard deviation of the return on this portfolio can be calculated as using the following formula:
[tex]PRSD =\sqrt{PRV}[/tex] ........................... (2)
Where;
PRSD = Portfolio return standard deviation = ?
PRV = Portfolio return variance = 0.072
Substituting the values into equation (2), we have:
[tex]PRSD=\sqrt{0.072}[/tex]
PRSD = 0.2683, or 26.83%
Therefore, the portfolio volatility is 26.83%.
On April 1, Robert LLC purchased two units of inventory, A and B. The cost of unit A was $650, and the cost of unit B was $625. On April 30, Robert LLC had not sold the inventory. The net realizable value (NRV) of unit A was now $685 while the net realizable value of unit B was $550. The adjustment associated with the lower-of-cost-or-NRV method on April 30 will be: Multiple Choice
Answer:
$1,200
Explanation:
purchase cost net realizable value LCM
unit A $650 $685 $650
unit B $625 $550 $550
total $1,275 $1,200
When you apply the lower of cost or market value, you must value your inventory at whichever is lower between historic cost (purchase cost) and the net realizable value (NRV). Any adjustments made will increase cost of goods sold and decrease inventory. In this case, the adjusting journal entry should be:
Dr Cost of goods sold 75
Cr Inventory 75
On December 31, 2021, Coolwear Inc. had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $49,000 and $2,150, respectively. During 2022, Coolwear wrote off $700 in accounts receivable and determined that there should be an allowance for uncollectible accounts of $5,900 at December 31, 2022. Bad debt expense for 2022 would be:______
Answer:
$4,450
Explanation:
Bad debt expense is the expenses that a company incur as a result of the debt owned to the company by its customers, which are not recoverable.
The bad debt expenses for Coolwear inc. would be calculated as;
Bad debt expense = Allowance for uncollectible accounts - (Uncollectible account balance - accounts receivable written off)
= $5,900 - ($2,150 - $700)
= $4,450
Therefore, bad debt expense for 2022 would be $4,450
Partners Acer and Barr have capital balances in a partnership of $40,000 and $60,000, respectively. They agree to share profits and losses as follows: Acer Barr As salaries $10,000 $12,000 As interest on capital at the beginning of the year 10% 10% Remaining profits or losses 50% 50% If income for the year was $50,000, what will be the distribution of income to Barr
Answer:
$27,000
Explanation:
Acer's allocation of partnership's profits:
salary = $10,000
interest on capital = $40,000 x 10% = $4,000
remaining income = $18,000 x 50% = $9,000
total distribution = $23,000
Barr's allocation of partnership's profits:
salary = $12,000
interest on capital = $60,000 x 10% = $6,000
remaining income = $18,000 x 50% = $9,000
total distribution = $27,000
Paying a premium of $10 per bond, Ms. Tracey Pringle bought 10 municipal bonds with 20 years to maturity. Ten years later, she sold the bonds for 103. For tax purposes, she has a:___________A) $300 loss.B) $250 gain.C) $200 loss.D) $200 gain.
Answer:
B) $250 gain.
Explanation:
The cost per bond is $1,010.
The amortization amount each year is 10/20 years = $0.50 per year. $0.50 per year × 10 years = $5 per bond.
After 10 years, the adjusted cost basis is $1,005 per bond.
She sells the bonds for $1,030 per bond. $1,030 − $1,005 = $25 per bond
25 × 10 = $250 gain.
World Spice Salsa, a manufacturer of salsa, sells its product throughout the United States and all over the world. The company has developed region-specific salsas like Five Spice Salsa for its customers in China, saffron and cumin salsa for customers in India, and even red beans and rice salsa for its customers in New Orleans. World Spice Salsa has employed ________ segmentation in this case.
a. behavioral
b. psychographic
c. lifestyle
d. demographic
e. geographic
Answer:
World Spice Salsa has employed ________ segmentation in this case.
e. geographic
Explanation:
Geographic segmentation is the grouping of potential customers by country, state, region, city, or even neighborhood. It is one of the four main types of market segmentation employed by marketers. Market segmentation is the process of separating a market into sub-groups, in which its members share common characteristics, such as geographic, demographic, psychographic, and behavioral.
AB Builders, Inc., has 24-year bonds outstanding with a par value of $2,000 and a quoted price of 97.842. The bonds pay interest semiannually and have a yield to maturity of 6.80 percent. What is the coupon rate
Answer:
6.62%
Explanation:
Calculation for What is the coupon rate
First step is to calculate the semi-annual coupon payment on the bond using the formula for pmt in excel
= pmt(rate,nper,-pv,fv)
Rate = 6.80% / 2
Rate= 3.40%
nper = 24 *2
nper = 48
pv = 97.842%*2000
PV=$1,956.84
fv = $2000
Hence,
= pmt(3.40,48,-1956.84,2000)
pmt=66.164
Semi annually coupon payment = $66.164
Second step is to calculate Annual coupon payment
Annual coupon payment = 66.164 * 2
Annual coupon payment=$132.33 annually
Last step is to calculate the Coupon rate using this formula
Coupon rate = Annual Coupon Payment / Bond Par value * 100
Let plug in the formula
Coupon rate =132.33 / 2000
Coupon rate =6.62%
Therefore the coupon rate is 6.62%
rue or False: Wages in the auto manufacturing industry would be less than those in the aircraft manufacturing industry. True False
Answer:
False
Explanation:
The wages who are offering in auto industry would be more than the aircraft industry as the wages between these two industries i.e. auto and aircraft would be equivalent to each other. But in that case if they are not equal so the workers who are getting high wages would select those industries
Hence, the given statement is false and the same is to be considered
Amber is interested in investing her money in a mutual fund that invests in short-term debt securities issued by governments and large corporations. She also wants to be able to write checks and reinvest interest income from her investments. Which institution would Amber most likely choose for her investments
Question Completion:
Options to choose from:
a brokerage firm
a money market bank account
a money market fund
an insurance company
a pension fund
Answer:
Amber will likely choose for her investments:
a money market fund
Explanation:
For example, Amber can invest in the Vanguard Treasury Money Market or the Fidelity Money Market. These are money market funds or mutual funds that invest in highly liquid, near-term instruments. These instruments include cash, cash equivalent securities, and high-credit-rating, debt-based securities with a short-term maturity (such as U.S. Treasuries).
Amber should choose for her investment is a money market fund.
The information regarding the money market fund is as follows:
It should be invested in highly liquid. It involved the cash, cash equivalent having short-term maturity period. It is like the mutual funds that are issued by the government and the large corporations.Therefore we can conclude that Amber should choose for her investment is a money market fund.
Learn more: brainly.com/question/16115373
Your phone stopped working and you use your phone for calls, texting and checking emails. You went to the store to buy a cheap phone that just serves your needs but ended up buying a $1500 top of the line phone that does way more than what you need and also is very stylish. What need did the new phone satisfy
Answer:
Psychological needs
Explanation:
Since in the question it is mentioned that suddenly your phone stop working and you use the mobile for various reasons so you went to the store for purchase a cheap mobile that serves your needs so here the psychological needs would be considered as it is likely additional fulfilling needs i.e. luxury or expensive items
Therefore the same is to be considered
Braxton's Cleaning Company stock is selling for $35.50 per share based on a required return of 11.2 percent. What is the the next annual dividend if the growth rate in dividends is expected to be 3.6 percent indefinitely?
Answer:
The next annual dividend is $2.70
Explanation:
The computation of the next annual dividend is shown below:
= Selling price of a stock × ( Expected rate of return - growth rate)
= $35.50 per share × (11.2% - 3.6%)
= $35.50 per share × 7.6%
= $2.70
Hence, the next annual dividend is $2.70
We simply applied the above formula
And, the same is to be considered
Consider the following two bonds. Bond A returns $1000 (coupon) per year for the first 9 years and $5000 (face value) in the 10th year, and Bond B returns $900 (coupon) per year for the first 19 years and $10000 in the 20th year. Compare the present values of the bonds when the interest rate r is 0.1 and 0.2.
Answer:
Present value of bond A:
interest rate = 10%
PV of face value = $5,000/1.1¹⁰ = $1,927.72
PV of coupon payments = $1,000 x 5.7590 (PV annuity factor, 10%, 9 periods) = $5,759
present value = $7,686.72
interest rate = 20%
PV of face value = $5,000/1.2¹⁰ = $807.53
PV of coupon payments = $1,000 x 4.0310 (PV annuity factor, 20%, 9 periods) = $4,031
present value = $4,838.53
Present value of bond B:
interest rate = 10%
PV of face value = $10,000/1.2¹⁰ = $1,615.06
PV of coupon payments = $900 x 8.3649 (PV annuity factor, 10%, 19 periods) = $7,528.41
present value = $9,143.47
interest rate = 20%
PV of face value = $10,000/1.2²⁰ = $260.84
PV of coupon payments = $900 x 4.8435 (PV annuity factor, 20%, 19 periods) = $4,359.15
present value = $4,619.99
On January 1, 2021, Hodge Beanery received $8,000 from the Kennedy Company in exchange for a coffee roaster that it will deliver to Kennedy on December 31, 2021. Assuming that Hodge views the time value of money to be a significant component of this transaction, and that a 9% interest rate is applicable, how much deferred revenue would Hodge recognize on January 1, 2021
Answer:
the deferred revenue recognized is $7,339.45
Explanation:
The computation of the deferred revenue is shown below:
Revenue is $8,000
And,
Present value of $1 at 9% for 1 year 1 ÷ 1.09 is 0.917
So
The Deferred revenue to be recorded is
= Earnings × PVF factor
= $8,000 * 0.917
= $7,339.45
hence, the deferred revenue recognized is $7,339.45
We simply applied the above formula and the same is to be considered
For the Dividend Growth Model, the equation can be written as follows: P0 = =D1/(RE – g). How can this equation be rearranged?
Answer:
Re = (D1 ÷ P0) + g
Explanation:
The rearrangement of the equation is as follows:
Given equation is:
P0 = D1 ÷ (Re - g)
where,
P0 = Price of the stock
D1 = Dividend at year 1
Re = Required rate of return
g = Growth rate
It can be rearrange as
Re - g = (D1 ÷ P0)
Or
Re = (D1 ÷ P0) + g
The Re = (D1 ÷ P0) + g is the correct answer and the same is to be considered
The United Auto Workers (UAW) and Ford Motor Company were negotiating a new agreement to address the auto industry woes during a severe economic downturn. Ford offered to consider delaying layoffs if the UAW agreed to changes in contractual work rules related to the jobs bank. This negotiation suggests the use of what conflict handling style
Answer:
Compromise
Explanation:
Conflict is simply a disagreement, Internal/external disaggregated that lead to from differences between individuals or groups of individuals regarding ideas, values or feelings.
Conflict handling Styles include Competing, Accommodating, Withdrawing, Compromising anf Collaborating
Compromising is a type of conflict resolution/ handling style is liken to a "lose-lose" situation. In this situation,there are where neither party involved achieves their goal. That is it strive to find a point or middle ground between meeting your own needs and meeting the needs of your group members.
If all other factors are equal, an investor would expect which type of preferred stock to pay the highest stated dividend rate
Answer: a. Callable
Explanation:
A Callable stock will most likely have the highest stated dividend from the options listed. This is because a Callable stock by definition, can be bought/ called back by the company in the future at a fixed price if they want to.
This means that the owner of the share is at a disadvantage as the stock cannot increase past the value the company can call it back for and they could lose the stock to the company at anytime. The company will therefore offer a higher dividend for this inconvenience.
At the last minute, Jenna considers investing in Coca-Cola stock at a price of $55.55 per share. The stock just paid an annual dividend of $1.76 and she expects the dividend to grow at 4% annually. If the next dividend is due in one year, what expected return is Coca-Cola stock offering
Answer:
the expected return is Coca-Cola stock offering is 7.3%
Explanation:
The computation of the expected return is shown below:
Expected return is
= (D1 ÷ Current price) + Growth rate
= [($1.76 × 1.04) ÷ 55.55] + 0.04
= (1.8304 ÷ 55.55) + 0.04
= 7.3%
Hence, the expected return is Coca-Cola stock offering is 7.3%
The same is to be considered
We simply applied the above formula
As a top manager, Joanna works with others on her team every day in making important corporate decisions. Her preferred decision-making approach is to generate as many alternatives to problems as possible in a short amount of time. This approach is referred to as _____.
Answer:
Brainstorming.
Explanation:
Brainstorming is a creativity and problem-solving technique adopted by individuals or group of people by spontaneously gathering ideas through intensive thinking.
As a top manager, Joanna works with others on her team every day in making important corporate decisions. Her preferred decision-making approach is to generate as many alternatives to problems as possible in a short amount of time. This approach is referred to as brainstorming.
A learning organization is one which is typically characterized by creating an enabling environment for growth, training, and development of its employees. This opportunity and incentives help employees to engage in critical and creative thinking, research, and development. Consequently, employees would become more confident, brilliant, intelligent, knowledgeable and professionals in their assigned positions or roles, thus helping the organization to achieve its aim, goals and objectives.
In a nutshell, this ultimately implies that it's very important and necessary that organizations sponsor brainstorming sessions and reward employees awesomely, when an out-of-the box idea leads to organizational improvements.
Based on the provides information, for Joanna to generate as many alternatives to problems as possible in a short amount of time, she needs a brainstorming approach .
Brainstorming can be regarded as a technique used which serves as group discussion to produce ideas or solve problems.
Therefore, Joanna to generate as many alternatives to problems as possible in a short amount of time.
Learn more about Brainstorming at:
https://brainly.com/question/7784299
What is the change in the cost of sales for the year if the company had used FIFO to value its inventories. (Enter your answer in millions.)
Answer:
If the company used FIFO instead of LIFO then the Cost of Sales would lower and value of inventory would higher.
Explanation:
FIFO method is used widely by many organizations. This method involves selling the goods that are bought first. The good bought earlier would be at low price than the goods bought later on due to increase in price. The cost of sales therefore would be lower in FIFO than in LIFO. The value of inventory would be higher in FIFO as the good bought at a higher price are not sold first.
An nn-year 1,000 par value bond with 8 percent annual coupons has an annual effective yield of ii, i>0i>0. The book value of the bond at the end of year 3 is 1,099.84 and the book value at the end of year 5 is 1,082.27. Calculate the purchase price of the bond.
Answer:
the purchase price of the bond is $1,106.125
Explanation:
The computation of the purchase price of the bond is shown below:
But before that we have to find the following amount
= ($1,082.7 - $1,099.84) ÷ ( 5 years - 3 years)
= - 6.285
Now the purchase price of the bond is
= $1,087.27 + (-6.285) × (-3)
= $1,106.125
hence, the purchase price of the bond is $1,106.125
The same is to be considered
llieis evaluating an investment that will provide the following returns at the end of each of the following years: year 1, $11,500; year 2, $10,000; year 3, $7,500; year 4, $5,000; year 5, $2,500; year 6, $0; and year 7, $12,500. Elliebelieves that she should earn an annual rate of 8percent on this investment. How much should Elliepay for this investment
Answer:
Ans 1 : 76 percent
Ans 2 : the eliepay must be all the numbers HCF for the investment = 340
Explanation:
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