The ____ is a type of operational plan that saves managers time because it is created once and then used repeatedly to handle frequently recurring events.
a. standing plan
b. forecast
c. single-use plan
d. options-based plan
e. budget
Answer:
a. standing plan
Explanation:
operational plan make a room for strategy plan it give clear picture of the goals to be accomplished as well as the objectives and the task behind it to the personnel in an organization. It is an implementation of strategies.It should be noted that standing plan is a type of operational plan that saves managers time because it is created once and then used repeatedly to handle frequently recurring events.
Thompson TV and Appliance reported the following in its 2021 financial statements: 2021 Sales $ 439,000 Cost of goods sold: Inventory, January 1 78,000 Net purchases 326,000 Goods available for sale 404,000 Inventory, December 31 95,000 Cost of goods sold 309,000 Gross profit $ 130,000 Thompson's 2021 inventory turnover ratio is:___________. (Round your answer to two decimal places.)a. 4.62.b. 3.25.c. 3.57.d. 5.08.
Answer:
c. 3.57
Explanation:
Inventory turnover ratio is computed as;
= Cost of goods sold ÷ Average inventory
Given that;
Cost of goods sold = $309,000
Average inventory = Beginning inventory + Ending inventory / 2
= $79,000 + $95,000 / 2
= $85,000
Inventory turnover ratio = $309,000 ÷ $86,500
Inventory turnover ratio = 3.57
The service sector is important for all of the following reasons EXCEPT Select one: A. services make an important contribution to the GDP in most countries (b). services provide jobs (c). trade in services can provide traditional and new export opportunities (d. )services produce many types of goods
Answer:
Answer letter C.
Trade in service can provide traditional and new export opportunities
The service sector is important for all of the following reasons except services produce many types of goods. Thus, option 'D' is the correct option.
Why service sector is important?The third layer of the three-sector economy is the service sector, commonly referred to as the tertiary sector. This industry produces maintenance and repairs, training, or consultancy instead of products. Jobs in the service industry include education, nursing, housekeeping, and tours.
Contrarily, those who work in the manufacturing or industrial sectors create physical products like clothing, equipment, and automobiles. After manufacturing and the production of raw materials, the service sector makes up the third sector of the economy.
From office cleaning to rock concerts to brain surgery, the service industry offers a vast range of both real and intangible services. In terms of value-added, the service sector is the largest in the world economy and is particularly significant in more developed nations.
Therefore, option 'D" (services produce many types of goods) is the correct statement.
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The following amounts represent totals from the first three years of operations. Calculate the balance of Retained Earnings at the end of 2018.
2016 2017 2018
Net Income: $1,200 -$500 $2,300
Net Cash Flows: $500 $300 $2,800
Dividends: $200 $0 $200
Issuance of Stock: $2,000 $0 $0
A) $4,600
B) $2,600
C) $3,100
D) $3,500
Answer:
B) $2,600
Explanation:
Retained earnings in each is computed as net income minus dividends
In year 2016 retained earnings=$1200-$200=$1000
In year 2017 retained earnings=2016 retained earnings+net income-dividends
2017 retained earnings=$1000-$500+$0=$500
2018 retained earnings=2017 retained earnings+net income-dividends
2018 retained earnings=$500+$2,300-$200
2018 retained earnings=$2,600
Question 1 of 10
Malika defaulted on the equipment loan for her hair salon. What type of
remedy would the bank would most likely seek?
Answer: An attachment
Explanation: ap3x:)
Answer: attachment
Explanation:
A pex just took quiz
Why is it important to maintain a career portfolio?
O A. A career portfolio allows you to compare your accomplishments
to those of other job applicants so you know where to improve,
B. A career portfolio allows you to set out goals for your career,
including step-by-step objectives that will lead to those goals,
C. A career portfolio allows you to keep track of everything you need
to do in the future in order to advance your career,
D. A career portfolio allows you to keep track of all skills,
accomplishments, and experience that you may need to apply for
jobs,
Answer:
D. A career portfolio allows you to keep track of all skills,
accomplishments, and experience that you may need to apply for
jobs,
Explanation:
Maintaining a career portfolio is vital since it enables you to keep track of all the abilities, successes, and experience you could need to apply for positions. Thus, option (D) is correct:
What is experience?Experience refers to conscious events in general, and perceptions in particular, as well as the practical knowledge and familiarity produced by these conscious processes.
Employers may find you more employable if you have a career portfolio because it gives them evidence of your persona, your prior successes, and your transferable abilities.
Therefore, Thus, option (D) is correct:
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yes loloolololololoolloolololololololoolololololol
Answer:
yup the true maeningnof lol Is laugh aloud or lots of love depending on how it's used
An example of a population is all people who shop at Target while a sample is only those people who buy orange juice at Target. A. True B. False
Answer:
True
Explanation:
A population in statistics is defined as the total items that is of interest to the scientist and from which studies are conducted to draw conclusions.
It is from population samples are drawn.
Sample is defined as a part of a population that is studied and used to draw inference or conclusion about the whole population.
In the given scenario all people who shop at Target are the population that is of interest.
To draw conclusion about the population only those people who buy orange juice at Target. A are used as a sample to draw conclusions
How does Alibaba implement competitive pricing strategy in market?
Answer:
By reducing their prices compare to the price of their competitors.
Explanation:
Note, a competitive pricing strategy refers to a pricing strategy that involves deliberately finding out the prices in which your competitor sells their product and then tailoring yours to be a little lower than theirs, by so doing customers feel motivated to buy from you instead.
For example, Alibaba can go to its competitor, let's say Amazon. and see how sells an iPhone. Then Alibaba can reduce/set its own price benchmark based on their prices.
Stock market indices:_______ a. measure the value of the average bond yield. b. determine the price of stocks in the index by deciding whether companies in the index are doing well or not. c. measure income in an economy and price levels. They are often used as an indication of economic growth. d. are average stock prices for a group of companies meant to measure a section of the stock market.
Answer:
d. are average stock prices for a group of companies meant to measure a section of the stock market.
Explanation:
Stock indices are used to measure the performance of a basket of securities and helps investors in a particular segment of the financial market make well informed decisions.
The value of the index is an average of the stock of underlying companies that make up the index.
For example the Dow Jones is a stock index made up of 30 large companies.
Investors compute performance by comparing current price level to previous prices.
A high-precision programmable router for shaping furniture components is purchased by Henredon for $180,000. It is expected to last 12 years. Calculate the depreciation deduction and book value for each year using MACRS-GDS allowances. What is the MACRS-GDS property class?
Answer:
MACRS-GDS is a way to calculate depreciation.
Explanation:
Depreciation may be defined as the reduction or the decrease in the price or its value of an asset in passing years. There are several methods of finding out the depreciation value like the straight line method, double declining, etc, MACRS-GDS, etc.
MACRS-GDS is one of the method to calculate the value of depreciation.
According to the question,
The depreciation of a shaping furniture that cost $ 180,000 that can last ofr 12 years can be found out :
0 0 180000
For the end of 1st year, 46440 133560
For the end of 2nd year, 34458 99102
For the end of 3rd year, 25568 73533
For the end of 4th year, 18972 54562
For the end of 5th year, 14077 40485
For the end of 6th year, 10445 30040
For the end of 7th year, 7750 22289
For the end of 8th year, 5751 16539
For the end of 9th year, 4267 12272
For the end of 10th year, 3166 9106
For the end of 11th year, 2349 6756
For the end of 12th year, 1743 5013
The MACRS-GDS property class should be 7 years as the ADS is greater than ten years but it is less sixteen years.
JetBlue’s "Even More Space" initiative allowed passengers to buy seats with more legroom for a slightly higher price. The initiative increased JetBlue’s profit margin. Which customer development strategy does this exemplify?
Answer: Upselling
Explanation:
Upselling is a customer development strategy whereby the customers are encouraged to buy an upgraded or higher end version of a particular product. Upselling therefore results in the customers spending more than what they initially planned for and this bring about increase in revenue to the company.
Therefore, the customer development strategy exemplified by JetBlue is Upselling.
The Wet Corp. has an investment project that will reduce expenses by $25,000 per year for 3 years. The project's cost is $30,000. If the asset is part of the 3-year MACRS category (33.33% first year depreciation) and the company's tax rate is 26%, what is the cash flow from the project in year 1? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.)
A. $21,100
B. $22,560
C. $20,550
D. $21,880
Answer:
A. $21,100
Explanation:
net cash flow year 1 = {[savings year 1 - (depreciation expense year 1)] x (1 - tax rate)]} + depreciation expense year 1
cash flow year 1 = {[$25,000 - ($30,000 x 33.33)] x (1 - 26%)} + ($30,000 x 33.33) = [($25,000 - $10,000) x 0.74] + $10,000 = $11,100 + $10,000 = $21,100
Suppose that the economy starts out in a recessionary gap. If the government uses demand-side fiscal policy to push the economy out of the recessionary gap, the results will most likely be a(n) _____ in Real GDP and a(n) _______ in the price level.
a. increase; increase
b. decrease; increase
c. increase; decrease
d. decrease; decrease
Answer:
a. increase; increase
Explanation:
Suppose that the economy starts out in a recessionary gap. If the government uses demand-side fiscal policy to push the economy out of the recessionary gap, the results will most likely be an increase in Real GDP and an increase in the price level. A demand side policy (i.e. increasing the government purchases and decreasing the taxes) will increase the demand and output in the economy. That will in turn shift the aggregate demand to the right and the new equilibrium will be at a higher price and higher output.
As the number of securities in a portfolio is increased, what happens to the average portfolio standard deviation? a) It decreases at an increasing rate. b)It increases at an increasing rate. c) It first decreases rapidly, then starts to decrease slowly as more securities are added. d) It decreases at a constent rate e) It increases at a decreasing rate.
Answer:
c) It first decreases rapidly, then starts to decrease slowly as more securities are added.
Explanation:
In the case when the number of securities in a portfolio is rises so the standard deviation of the average portfolio would first reduced instantly and after then it begins reduced in slowly manner according to the number of securities added
Therefore the correct option is c.
Hence, all the other options are wrong
If a union succeeds in rasing the wages of its members above the equilibrium, what is a likley outcome?a. unemployment.b. deflation.c. increased number of discouraged workers.d. an inward shift of the labor supply curve.
Answer: a. unemployment.
Explanation:
If a union manages to raise the wages of its members but this wage is above the equilibrium, it will lead to the producers making less than they are supposed to due to higher input costs.
They will therefore seek to reduce their input costs and they will do so by hiring less people and letting go of some of the workforce. This will reduce their input costs and bring them back to equilibrium but will lead to unemployment in the nation.
The parameters of nonlinear models have exponents _____.
a. larger than 0
b. other than 1
c. larger than 3
d. only equal to 2
Answer:
b. other than 1
Explanation:
Nonlinear models are called that way because they are not linear in parameters. In order for this nonlinear characteristic to exist, the exponents of the parameters must be any number other than 1.
While linear models can have a nonlinear relationship between the predictors and independent variables. But when you analyze the mean (predictor), it must be linear with the parameters.
The nonlinear models have an exponent other than 1. As the nonlinear exponent estimating a regression model, convert the forecast variable y and/or the predictor variable x.
What is the nonlinear model?
Non-linearity is a term used in statistics to describe a situation where there is no direct relationship between the two variables that are independent and independent. The input is not directly affected by the change in the relationship in the output in the direct proposition.
Thus, option B is correct.
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Drag the tiles to the boxes to form correct pairs.
Match the scenarios to the appropriate elements.
input
labor
infrastructure
cost
Jonny has to pay rent and wages to his
employees before he begins production.
>
Jonny has to hire workers to begin
production in his company.
<
>
Jonny has ordered raw material for his
production
>
Jonny has set up machinery in his
company for efficient production.
Answer: cost, labor, input, infrastructure
Explanation:this did the test on edmentum
cost
Jonny has to pay rent and wages to his
employees before he begins production
labor
Jonny has to hire workers to begin
production in his company.
input
Jonny has ordered raw material for his
production
infrastructure
Jonny has set up machinery in his
company for efficient production.
Took the test this is right.
Suppose the price of Twinkies decreases from $1.45 to $1.25 and, as a result, the quantity of Twinkies demanded increases from 2,000 to 2,200. Using the midpoint method, the price elasticity of demand for Twinkies in the given price range is:
a. 2.00.
b. 1.55.
c. 1.00.
d. 0.64.
The net cash flows of Advantage Leasing for the next 3 years are $42,000, $49,000 and $64,000 respectively, after which the growth rate will be a constant 2% with a WACC of 8%. What is the present value of the terminal value?Select one:a. 51,822b. 55,967c. 59,259d. 60,444e. None of these
Answer:
$863,689.50
Explanation:
The computation of the present value of the terminal value is shown below:
The terminal value at the end of the third year is
= Third year Cash flows × (1 + growth rate) ÷ (required rate of return - growth rate)
= $64,000 × (1 + 2%) ÷ (8% - 2%)
= $1,088,000
Now its present value is
= terminal value at the end of the third year ÷ (1 + rate of interest)^number of years
= $1,088,000 ÷ (1 + 8%)^3
= $863,689.50
This is the answer but the same is not provided in the given options
Jack and Jill are married, have three children, and they report earnings during 2019 of $28,500. Do they qualify for the earned income credit?
Answer: I’m not sure but I would go with no sorry if I’m wrong
Explanation:
Summerlin Company budgeted 4,000 pounds of material costing $5.00 per pound to produce 2,000 units. The company actually used 4,500 pounds that cost $5.10 per pound to produce 2,000 units. What is the direct materials quantity variance?
a. $400 unfavorable.
b. $450 unfavorable.
c. $2,500 unfavorable.
d. $2,550 unfavorable.
e. $2,950 unfavorable.
Answer:
e. $2,950 unfavorable
Explanation:
Since the units are the same, then we will work with the costs and pounds.
Standard
4,000 pounds × $5 per pounds
(4,000 × $5) = $20,000
Actual
4,500 pounds x costs per pound $5.10
(4,500 × $5.10) = $22,950
Therefore,
Standard - Actual
$20,000 - $22,950 = $2,950
Therefore, the direct materials quantity variance is $2,950 unfavorable since actual cost of materials expended is more that the standard cost of materials.
Dylan has a standard set of questions he asks all applicants during an interview. What type of interview does dylan conduct
Answer:
it is well planed
Explanation:
if not planed ,not much people will join that job
Dylan has a standard set of questions that he asks from all applicants during an interview. The type of interview that Dylan conduct is structured interview.
What is an interview?An interview is a conversation between two or more people, typically conducted to gather information, assess qualifications, or evaluate suitability for a particular role or position.
In the context of employment, an interview is typically conducted by a potential employer to evaluate a job applicant's skills, experience, and overall fit for the job.
Interviews can take many different forms, from traditional in-person interviews to phone and video interviews. They can be structured or unstructured, formal or informal, and may involve a single interviewer or a panel of interviewers.
Dylan conduct structured interview because he has a standard set of questions that he asks from all applicants.
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In a SWOT analysis, what are opportunities
Answer:
Opportunities represent the external factors that can give a competitive advantage to the organization.
Explanation:
SWOT analysis is a useful technique for understanding the strengths and weaknesses of your business, as well as for identifying opportunities that are open to you and threats that could jeopardize your business.
Answer:
Opportunities are positive external factors that can affect your company. They are external conditions that make it possible for your business to succeed or improve.
Explanation:
...2021
Collecting data over a period of time and then processing that data all at the same time is called _____ processing.
Answer:
it's called Data processing
Each quarter, Cullumber, Inc., pays a dividend on its perpetual preferred stock. Today the stock is selling at $64.00. If the required rate of return for such stocks is 17.00 percent, what is the quarterly dividend paid by this Cullumber?
Answer:
Quarterly dividend = $2.72 per share
Explanation:
The dividend payment made by a preferred stock is in terms of a perpetuity as the preferred stock pays a constant dividend throughout its perpetual life. So, we can calculate the annual dividend payment made by the preferred stock using the formula for the present value of perpetuity. The formula is as follows,
Present value = Dividend or Cashflow / r
Where,
r is the required rate of return
As we already have the values of Current stock price which is the present value and r, we can plug in these values in the formula to calculate the annual dividend.
64 = Dividend / 0.17
64 * 0.17 = Dividend
Dividend = $10.88
As, 10.88 is the annual dividend, the quarterly dividend will be,
Quarterly dividend = 10.88 / 4 = $2.72 per share
United Merchants Company sells 4,000 units at $60 per unit. Variable costs are $45 per unit and fixed costs are $40,000.
Required:
a. What is the contribution margin ratio?
b. What is the unit contribution margin?
c. What is the income from operation?
Answer:
a. Contribution margin ratio = 25%
b. Unit contribution margin = $15 per unit
c. Income from operation = $20,000
Explanation:
a. What is the contribution margin ratio?
This can be calculated uisng the following formula:
Contribution margin ratio = (TSR - TVC) / TSR ................ (1)
Where;
TSR = Total sales revenue = Selling price per unit * Unit sold = $60 * 4,000 = $240,000
TVC = Total variable cost = Variable cost per unit * Unit sold = $45 * 4,000 = $180,000
Substituting the values into equation (1), we have:
Contribution margin ratio = ($240,000 - $180,000) / $240,000 = $60,000 / $240,000 = 0.25, 0r 25%
b. What is the unit contribution margin?
This can be calculated as follows:
Unit contribution margin = Selling price per unit - Variable cost per unit = $60 - $45 = $15 per unit
c. What is the income from operation?
This can be calculated as follows:
Income from operation = Total sales revenue - Total variable cost - Fixed costs .................. (2)
Where;
Total sales revenue = Selling price per unit * Unit sold = $60 * 4,000 = $240,000
Total variable cost = Variable cost per unit * Unit sold = $45 * 4,000 = $180,000
Fixed costs = $40,000
Substituting the values into equation (2), we have:
Income from operation = $240,000 - $180,000 - $40,000 = $20,000
You're trying to save to buy a new $196,000 Ferrari. You have $46,000 today that can be invested at your bank. The bank pays 5.4 percent annual interest on its accounts.
How long will it be before you have enough to buy the car? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)
Answer:
It will take 27.56 years to gain $196,000.
Explanation:
Giving the following information:
Future value (FV)= $196,000
Present value (PV)= $46,000
Interest rate= 5.4% = 0.054
To calculate the time required to reach the objective, we need to use the following formula:
n= ln(FV/PV) / ln(1+i)
n= ln(196,000/46,000) / ln(1.054)
n= 27.56
It will take 27.56 years to gain $196,000.
a good economist is one who looks at economic issues only with hindsight or not. please explain with examples
Answer:
The specification and according to the issue are listed throughout the clarification section described.
Explanation:
Economics would be a social science which always investigates whether consumers participate, in terms of direction, regarding interest, distribution as well as general price level. This same production and consumption approach demonstrates how prices differ to maintain the balance among both commodity production and trade. The economic theory focuses on the behavior as well as the engagement of financial intermediaries as well as how ecosystems function.For obvious reasons, private individuals should include families, companies, producers, and consumers.
Placing officers of a ________ firm on the board of directors of a new firm can reduce the problem of ________.
Answer:
The answer is "security exchange and adverse selection"
Explanation:
In this question, the above given-choice is correct because the issue of information asymmetry can be decreased by including security personnel among the directors of a new firm. And throughout the Security And exchange Agent would distinguish and direct the Boards on topics of elimination of information asymmetry, based mostly on the risk associated with the market.