Generating ideas often includes brainstorming or brainwriting. These techniques can be an effective way to produce the best ideas if they are done correctly. Read the scenario, and then identify how the brainstorming or brainwriting process could be improved. Jeanne, a girls’ outdoor adventure leader, created a meeting agenda to address a problem her troop had. Their cookie fundraiser was in trouble: The mint chocolate chip cookies were not selling. Jeanne wanted the girls to come up with new cookie ideas and innovative ways to sell them. The group began the session by yelling out cookie ideas ranging from real mud pies to snickerdoodles in the shape of a bear. It was an amazing session; everyone participated. The group came up with 50 new cookie ideas in less than 12 minutes, but they could remember only a few of them at the end of the meeting. To improve the group’s brainstorming, Jeanne should:_________

a. Use flip-charts and classify ideas
b. Create an agenda
c. Encourage out-of-the-box thinking

Choose whether the following situation represents crowdsourcing, crowd-storming, or crowdfunding. You own a local coffeeshop. Recently, you noticed that customers were doodling on your white paper cups. Intrigued, you set up a contest, and asked your customers to submit their best doodles to you. You chose your favorite doodle, and put it on a reusable cup. This is an example of:

a. Crowd-storming
b. Crowdsourcing
c. Crowdfunding

Answers

Answer 1

Answer:

1- a. Use flip-charts and classify ideas.

2) a. Crowd-storming.

Explanation:

1- To improve the group's brainstorm, Jeanne should use flipcharts and classify ideas.

Flipcharts is a whiteboard used as a visual resource, which allows the best visualization of graphics, new ideas, etc., in a dynamic and summarized way, since this visual resource attracts attention, records and helps in the fixing of content and central ideals.

2- The situation represents crowdstorming, which is a marketing strategy used when an organization wants to improve the services and products offered through interaction with groups of employees who can even be consumers, as in the case above.

This strategy helps in better brand positioning, by receiving direct feedbacks from the potential public, which helps in better meeting their wants and needs.


Related Questions

So, I'm just wondering, but what is the best job in Mesa, AZ?
I know that's not what this website is for, but I need to know and this is the only website I can go to for help.

Answers

Answer:

I'm not really sure but you can definitely google the highest paid jobs there.

Apply What You’ve Learned - Managing Credit Cards and ConsumerLoans
Scenario: You are 30 years old, married, have two children, and household income (take-home pay) of$3,500 per month. Your credit and consumer debt is as follows:_______.
• Car loan, 6% interest rate, $10,000 balance, $295 per month
• Department store card, 28% interest rate, $600 balance, minimum payment 5% of balance
• Discover Card, 12% interest rate, $2,000 balance, minimum payment 2% of balance
• VISA Card, 13% interest rate, $3,000 balance, minimum payment 2% of balance
• MasterCard 1, 14% interest rate, $4,000 balance, minimum payment 2% of balance
• MasterCard 2, 14% interest rate, $0 balance, minimum payment 2% of balance
• Gasoline card, 21% interest rate, $300 balance, minimum payment 5% of balance
Assume all credit cards will assess a $35 late fee and ongoing penalty interest of 8% above the currentrate if you miss a payment. Your recent VISA card statement came with a blank cash advance check(for up to $10,000) with terms of 23.99% APR and a fee of 3% if you use it. Your recent MasterCard 2statement came with a balance transfer oFer (up to $4,000) with no fee and 0% APR for 12 months,after which the normal interest rate applies. You recently found an incorrect amount charged on yourVISA card from a store you frequent often. You’d like to come up with a plan to eliminate all of yourcredit card debt.
In general, is it a good idea to make only minimum payments on your credit cards?
Yes, you can invest the money saved each month to earn interest.
No, it will cause your interest rate to go up.
No, the small payment requirement is mathematically guaranteed to keep you in debt for manyyears.
Yes, this allows you more ±exibility in your cash budget.
Assuming you have $1,500 in your budget this month with which to pay down your credit cards, howmuch should you pay on each card?
CardInterestrateOutstandingRequired minimumRecommendedbalancepayment(%)payment($)debtrepaymentamount
store card
Discover Card12%2,0008%
VISA Card13%3,00010%
MasterCard 114%4,0008%
MasterCard 214%010%
Gasoline card21%30015%
Total$9,900$1,500

Answers

Answer:

1) In general, is it a good idea to make only minimum payments on your credit cards?

No, the small payment requirement is mathematically guaranteed to keep you in debt for many years.

All you have to do is analyze the interest rates charged by the credit card companies and it is really difficult for any investment to match those interest rates.

2) Assuming you have $1,500 in your budget this month with which to pay down your credit cards, how much should you pay on each card?

I would start with the cards that charge the highest interest rates. I would pay the full balance of the department store card and the gasoline card = $600 + $300 = $900

Since I have $600 left, I would then pay the minimum payments for the cards that charge the least interest rates. I would pay $40 to Discover card and $60 to VISA.

The remaining $500 would be used to pay MasterCard 1 card and lower its balance.

Managers who establish effective goals can enhance the performance of their employees and of their company. The manager in the scenario presented next realizes that goals are essential to improving performance. Goal setting helps motivate employees by clarifying their roles at work and establishing performance objectives. Effective goal setting is more than just asking employees to do their best or to try harder. It requires attention to key goal characteristics that increase intensity and persistence, and ultimately improve performance. The goal of this exercise is to demonstrate your understanding of goal setting by matching each employee’s goal with his or her goal characteristic. Match each employee’s goal with his or her goal characteristic.
1. Achievable Goals
2. Measurable Goals
3. Relevant Goals
4. Time-Frame Goals
5. Specific Goals
6. Reviewed Goals
Match each of the options above to the items below.
Carlos’ goal is to reduce average loan processing by fifteen percent within the next 6 months.
Michelle is a salesperson. Her goal is to increase the number of sales calls made to potential customers.
Sam has been reviewing customer accounts at a rate of two per day. His goal is to double that rate. That is possible, but he’ll have to work hard and be creative to reach this goal.
Chen has been given a project, and his manager clearly communicated the quantity and quality expectations to him.
Elizabeth has just been given a project which needs to be completed within 6 weeks.
Kelly is most excited about adopting goals because it means she’ll finally have a clear measure of how well she is doing.

Answers

Answer: See explanation

Explanation:

a. Carlos’ goal is to reduce average loan processing by fifteen percent within the next 6 months. - Reviewed goal.

Reviewed goals has to do with the goals set by an individual when the individual takes into consideration the previously set goals and he or she reviews them. This is used by Carlos as he takes into consideration his previous average loan processing.

b. Michelle is a salesperson. Her goal is to increase the number of sales calls made to potential customers. - Relevant goal.

Relevant goal simply means that the goal must be realistic and also reasonable. In this scenario, Michelle wants to increase the number of calls regarding sales made to customers. This is reasonable.

c. Sam has been reviewing customer accounts at a rate of two per day. His goal is to double that rate. That is possible, but he’ll have to work hard and be creative to reach this goal. - Achievable goals.

Achievable goal simply means a goal that it's possible for an individual to achieve and it's attainable.

d. Chen has been given a project, and his manager clearly communicated the quantity and quality expectations to him. - Specific goals

A specific goal is a goal that is well defined and also clear. This can be seen in the above example.

e. Elizabeth has just been given a project which needs to be completed within 6 weeks. - Time frame goal.

Time frame goal is a goal that has a deadline and is expected to be finished within a set date. In this scenario, Elizabeth has six weeks to complete the said project.

f. Kelly is most excited about adopting goals because it means she’ll finally have a clear measure of how well she is doing. - Measurable goal.

A measurable goal is a goal that one tracks his or her progress as one continues the project. Kelly has a clear measure of how well she's doing. This is a measurable goal.

A remotely located air sampling station can be powered by solar cells or by running an electric line to the site and using conventional power. Solar cells will cost $12,600 to install and will have a useful life of 4 years with no salvage value. Annual costs for inspection, cleaning, etc. are expected to be $1,400. A new power line will cost $11,000 to install, with power costs expected to be $800 per year. Since the air sampling project will end in 4 years, the salvage value of the line is considered to be zero. At an interest rate of 10% per year, which alternative should be selected on the basis of a future worth analysis?

Answers

Answer:

Since the total future worth of running an electric line of $19,353.42 is less than the total future worth of solar cells is $24,132.22, it implies that it will be cheaper to run an electric line than to use solar cells. Therefore, running an electric line should be selected.

Explanation:

The future worth analysis refers to an act of determining what the the worth of present amount of money or stream of money invested at an interest rate will after in some period or years to come.

To determine which one to select between solar cells and running an electric line, the we need to calculate the future worth of both and compared as follows:

a. Calculation of future value of solar cells

Calculation of future worth of $12,600 installation cost

FW of $12,600 = PW of $12,600 * (1 + r)^n ................ (1)

Where;

FW of $12,600 = Future worth of $12,600 installation cost = ?

PW of $12,600 = Present worth of $12,600 installation cost = $12,600

r = interest rate = 10%, or 0.10

n = number of years = 4

Substitute the values into equation (1), we have:

FW of $12,600 = $12,600 * (1 + 0.10)^4

FW of $12,600 = $12,600 * 1.4641

FW of $12,600 = $18,447.66

Calculation of future worth of annual costs for inspection, cleaning, etc. of $1,400

The future worth of annual costs for inspection, cleaning, etc. of $1,400 can also be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:

FW of $1,400 = M * (((1 + r)^n - 1) / r) ................................. (2)

Where,

FW of $1,400 = Future value of Annual costs for inspection, cleaning, etc. of $1,400 =?

M = Annual costs for inspection, cleaning, etc. = $1,400

r = interest rate = 10%, or 0.10

n = number of years = 4

Substitute the values into equation (2), we have:

FW of $1,400 = $1,400 * (((1 + 0.01)^4 - 1) / 0.01)

FW of $1,400 = $1,400 * 4.060401

FW of $1,400 = $5,684.56

Calculation of total future worth of solar cells

This is calculated by simply adding the FW of $12,600 and FW of $1,400 as follows:

Total future worth of solar cells = FW of $12,600 + FW of $1,400 = $18,447.66 + $5,684.56 = $24,132.22

Therefore, the total future worth of solar cells is $24,132.22.

b. Calculation of future value of running an electric line

Calculation of future worth of $11,000 installation cost

FW of $11,000 = PW of $11,000 * (1 + r)^n ................ (3)

Where;

FW of $11,000 = Future worth of $11,000 installation cost = ?

PW of $11,000 = Present worth of $11,000 installation cost = $11,000

r = interest rate = 10%, or 0.10

n = number of years = 4

Substitute the values into equation (3), we have:

FW of $11,000 = $11,000 * (1 + 0.10)^4

FW of $11,000 = $11,000 * 1.4641

FW of $11,000 = $16,105.10

Calculation of future worth of expected annual power costs of $800

The future worth of expected annual power costs of $800 can also be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:

FW of $800 = M * (((1 + r)^n - 1) / r) ................................. (4)

Where,

FW of $800 = Future value of expected annual power costs of $800 =?

M = Expected annual power costs = $800

r = interest rate = 10%, or 0.10

n = number of years = 4

Substitute the values into equation (4), we have:

FW of $800 = $800 * (((1 + 0.01)^4 - 1) / 0.01)

FW of $800 = $800 * 4.060401

FW of $800 = $3,248.32

Calculation of total future worth of running an electric line

This is calculated by simply adding the FW of $11,000 and FW of $800 as follows:

Total future worth of running an electric line = FW of $11,000 + FW of $800 = $16,105.10 + $3,248.32 = $19,353.42

Therefore, the total future worth of running an electric line is $19,353.42.

c. Conclusion

Since the total future worth of running an electric line of $19,353.42 is less than the total future worth of solar cells is $24,132.22, it implies that it will be cheaper to run an electric line than to use solar cells. Therefore, running an electric line should be selected.

Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries, they received interest of $350 from municipal bonds and $500 from corporate bonds. Marc contributed $2,500 to an individual retirement account, and Marc paid alimony to a prior spouse in the amount of $1,500 (under a divorce decree effective June 1, 2005). Marc and Michelle have a 10-year-old son, Matthew, who lived with them throughout the entire year. Thus, Marc and Michelle are allowed to claim a $1,000 child tax credit for Matthew. Marc and Michelle paid $6,000 of expenditures that qualify as itemized deductions and they had a total of $5,500 in federal income taxes withheld from their paychecks during the course of the year. (use the 2016 tax rate schedules).
1. What is the total amount of Marc and Michelle’s deductions from AGI?
2. What is Marc and Michelle’s taxable income?
3. What is Marc and Michelle’s taxable income?

Answers

Answer:

KINDLY CHECK EXPLANATION

Explanation:

Given that :

Marc's salary = 64000

Michelle's salary = 12000

Interest received from municipal bond = $350

Interest received from corporate bond = $500

TOTAL AMOUNT OF DEDUCTION FROM AGI:

ACCORDING TO 2016 TAX RATE : MARRIED FILING JOINTLY STANDARD DEDUCTION = $12,600 (higher than itemized deduction ($6000)

Dependency exemption = $4050 (2016 tax schedule)

Hence, total deduction from AGI = $(12600 + (3 * 4050)) = $24,750

Their Gross Income :

(Salary + interest from municipal and corporate bonds)

$(64000 + 12000 + 500) = $76,500

TAXABLE INCOME = Gross income - total debt deduction on AGI - (contribution to individual retirement + alimony paid to spouse)

TAXABLE INCOME = $(76,500 - 24750 - (2500 +1500))

$(76500 - 24750 - 4000) = $47750

Question # 5

Multiple Select

Aside from distributing investments and savings, the primary tasks of the financial service system

are (Select all that apply.)

U providing avenues to borrow money

growing the country's economy

aiding in the creation of capital formation

U managing and mitigating the risks

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Answers

Answer:

Growing the country's economy Aiding in the creation of capital formation Managing and mitigating the risks

Explanation:

The Financial system is very important because it helps grow the economy of the country. They do this by creating capital when they transfer funds from those who have it (savers) to those who need it (borrowers). These borrowers will then use it to invest in projects that will grow the economy.

The Financial system also works to manage and mitigate risk because they have experience in such areas and are able to discern which projects to go after to avoid or properly manage risk.

Every year, management and labor renegotiate a new employment contract by sending their proposals to an arbitrator, who chooses the best proposal (effectively giving one side or the other $3 million). Each side can choose to hire, or not hire, an expensive labor lawyer (at a cost of $300,000) who is effective at preparing the proposal in the best light. If neither hires a lawyer or if both hire lawyers, each side can expect to win about half the time. If only one side hires a lawyer, it can expect to win nine tenths, or 0.9, of the time. Use the given information to fit in the expected payoff, in dollars, for each cell in the matrix.
Management (M)
No Lawyer Lawyer
No Lawyer L: M: S L: S M: S
Labor (L) Lawyer L: M: S L: S M: S
The Nash equilibrium for this game is for Management to_____a lawyer, and for Labor to_____a lawyer.

Answers

Answer: hire; hire

Explanation:

The Nash equilibrium for this game is for Management to hire a lawyer, and for Labor to hire a lawyer.

At the Nash Equilibrium, there is no incentive for either player to deviate from the strategy they are pursuing as it is the best(most beneficial) one given the strategy of the other player and a situation where there is no cooperation.  

If management decides not to hire a lawyer and labor does, management will lose 0.9 of the time, this applies to labor as well. Neither of them will agree to having no lawyer as there is no cooperation and if one does so, the other will seize the opportunity to hire a lawyer and make more.

Dacosta Corporation had only one job in process on May 1. The job had been charged with $1,800 of direct materials, $6,966 of direct labor, and $9,936 of manufacturing overhead cost. The company assigns an overhead cost to jobs using the predetermined overhead rate of $18.40 per direct labor-hour. During May, the following activity was recorded:
Raw materials (all direct materials):
Beginning balance $8,500
Purchased during the month $38,000
Used in production $39,300
Labor:
Direct labor-hours worked during the month 1,900
Direct labor cost incurred $24,510
Actual manufacturing overhead costs incurred $33,300
Inventories:
Raw materials, May 30
Work in process, May 30 $16,937
Work in process inventory on May 30 contains $3,741 of direct labor cost. Raw materials consist solely of items that are classified as direct materials. The entry to dispose of the underapplied or overapplied manufacturing overhead cost for the month would include a:________.
a: credit of $5,336 to Manufacturing Overhead.
b: credit of $1,660 to Manufacturing Overhead.
c: debit of $5,336 to Manufacturing Overhead.
d: debit of $1,660 to Manufacturing Overhead.
Accounting entries for adjustment of overhead expenses.
Generally overheads are applied to various jobs on a predetermined basis. But actual overheads incurred can be more than/ less than predetermined overhead costs. To adjust this difference journal entries are made at the end of the period.

Answers

Answer:

The answer is "Option b".

Explanation:

The value of Applied overhead:

[tex]= 18.40 \times 1900 \\\\ = 34960[/tex]

The Actual overhead:

[tex]= 33300[/tex]

The Overlapping overhead = Applied overhead- Actual overhead

[tex]= 34960-33300\\\\= 1660[/tex]

Journal entry:

Date and explanation account                                    Dr.                    Cr.

Overhead production                                                   1600

goods sold at prices                                                                             1600

(Overcast overhead is available to records)

During the ________ phase of the product life cycle, the company incurs considerable costs for educating customers, building widespread dealer distribution, and encouraging demand.

Answers

Answer:

Introductory phase

Explanation:

During the Introductory phase of the product life cycle, the company incurs considerable costs for educating customers, building widespread dealer distribution, and encouraging demand. In this phase, the company tries to build brand awareness and a market for the product. Pricing of the product during this time might be low as well.

Composing powerful paragraphs is essential when striving for clear communication. Familiarize yourself with basic paragraph elements, various paragraph patterns, and strategies for building coherence.

Use the following paragraphs to answer the questions that follow.

Paragraph A: Last week, three of our Xcite executives closed a lucrative merger deal with Editionplus. The merger will add more than 500 accounts to our business and will increase our profits by 39 percent in less than a year. Additionally, the executives met with several Editionplus product designers and agreed on three new computer prototypes that we will produce during the next five years. This means we will expand our business to both Los Angeles and Las Vegas.

Paragraph B: Employee reaction has been mixed about our recent plans to expand to Las Vegas and Los Angeles. Many Xcite employees are concerned that the Los Angeles site will not have the same relaxed corporate environment as the current site. However, this is not the case: The relaxed corporate environment at the San Francisco site will be replicated in Los Angeles. The culture we have developed works for the company and our employees, and we don't plan to change it. Human resources executives are already interviewing San Francisco employees so they can capture and replicate the culture with ease.

Paragraph C: The leadership at the Xcite San Francisco site has been phenomenal during the last ten years. Everyone in senior-level positions has worked his or her way up the corporate ladder and has contributed greatly to the company's success. This team has increased our profits by 6 percent, expanded office space, hired additional IT support, and strengthened our IT infrastructure. These are just a few of this leadership team's many accomplishments. In the next two months, a new leadership team will be formed for the Los Angeles site. This team will consist of transferred employees from the San Francisco site. We will be offering many of you a chance to be part of this move. Additional training will be required for all who are transferring, and moving costs will not be covered. Xcite looks forward to opening another location with excellent products, high profits, and 100 percent employee and customer satisfaction.

Required:
1. Which paragraph or paragraphs use the pivoting approach?

a. A, C
b. B
c. A

2. What is the main idea of Paragraph A?

Answers

Answer:

1. Which paragraph or paragraphs use the pivoting approach?

b. B

Pivoting writing uses the words even though, however, but, in spite off, etc., to pivot back to the main idea of the paragraph. In paragraph B, it starts talking about employee concerns about a bad corporate environment in the new offices (in Los Angeles or Las Vegas), and then it assures that this will not happen. It affirms that the company is taking care of the issue and the corporate environment in LA will be the same as in San Francisco.

2. What is the main idea of Paragraph A?

If informs the reader that the company just closed a merger with Editionplus and that soon profits should increase, new products will developed and the company will grow.

Models of financial markets that emphasize psychological factors affecting investor behavior are called _______.

Answers

Answer:

behavioral finance

Explanation:

Behavioral finance focuses on how psychological factors influence markets, and how important they are. E.g. expectations can sometimes be more important than actual results. Stock prices are not necessarily determined using scientific methods, that is why each analyst has his/her own expected future price. No one can know for sure which price is correct, since each analyst will factor certain variables depending on his/her expectations about the future of the company, the stock market, the country's economy and even the world's economy.

Most people would agree that Warren Buffet is generally right when pricing stocks or adjusting stock prices, but even he is not 100% right all the time. Even personal issues affect how investors value stocks. E.g. if the market has been rising and the economy is strong, most investors will be confident and might decide to take higher risks. On the other hand, if the market is not doing so well, investors might be afraid, and they will seek risk free investments. That is the reason why US securities sometimes yield negative returns. It is simply illogical to invest money knowing that you will lose, just leave the money in the bank. But sometimes desperation leads to mistakes.

Company manufactures car seats in its plant. Each car seat passes through the assembly department and testing department. This problem focuses on the testing department. Direct materials are added when the testing department process is ​% complete. Conversion costs are added evenly during the testing​ department's process. As work in assembly is​ completed, each unit is immediately transferred to testing. As each unit is completed in​ testing, it is immediately transferred to Finished Goods. Company uses the​ weighted-average method of process costing. Data for the testing department for October are as​ follows:

Physical Units (Car Seats) Direct Materials Conversion Costs
Work-in-process, October 1 *a 5,000 $1,250,000 $402,750
Started during October 20,000
Completed during October 22,500
Work-in-process, October 31 *b 2,500
Total costs added during October $4,500,000 $2,337,500



Required:
What is the percentage of completion for:​

a. Transferred-in costs and direct materials in beginning​ work-in-process inventory.
b. Transferred-in costs and direct materials in ending​ work-in-process inventory

Answers

Answer:

a. Beginning Work-In Process inventory

Transferred in Costs = 100%

All the transferred in costs will be accounted for in beginning Work-In Process inventory

Direct Materials = 0%

Conversion costs are not up to 90% so no Direct materials will be added.

b. Ending Work-In Process Inventory

Transferred in Costs = 100%

All the transferred in costs will be accounted for in ending Work-In Process inventory

Direct Materials = 0%

Conversion costs are not up to 90% so no Direct materials will be added.

On January 1, 2020, Meeks Corporation issued $5,000,000, 10-year, 4% bonds at 102. Interest is payable annually on January 1. The journal entry to record this transaction on January 1, 2020 is

a. Cash........................................................................................ 5,000,000
Bonds Payable............................................................... 5,000,000

b. Cash........................................................................................ 5,100,000
Bonds Payable............................................................... 5,100,000

c. Premium on Bonds Payable ................................................... 100,000
Cash........................................................................................ 5,000,000
Bonds Payable............................................................... 5,100,000

d. Cash........................................................................................ 5,100,000
Bonds Payable............................................................... 5,000,000
Premium on Bonds Payable .......................................... 100,000

Answers

Answer:

d. Cash........................................................................................ 5,100,000

Bonds Payable............................................................... 5,000,000

Premium on Bonds Payable .......................................... 100,000

Explanation:

The Journal entry is shown below:-

Cash Dr, $5,100,000 ($5,000,000 × 1.02)

    To Bonds payable $5,000,000

       To Premium on Bonds payable $100,000

(Being cash is recorded)

Here we debited the cash as it increases the assets and we credited the bonds payable and premium on bonds payable as it also increases the liabilities.

Firms may not include all income taxes for a period on the line for income tax expense in the income statement. Other places that income tax expenses may occur include all of the following except: Select one: a. Extraordinary Items b. Other Comprehensive Income c. Common Stock d. Discontinued Operations

Answers

Answer:

Option C

Explanation:

Firms may not include all income taxes for a period on the line for income tax expense in the income statement. Other places that income tax expenses may occur include all of the following except Common Stock. Common stock is a form of corporate equity ownership, a type of security. Common stock is reported in the stockholder's equity section of a company's balance sheet.

You see me now 4 kkt

Answers

Answer:

ncvbhrdfh

Explanation:

Answer:

hgfjttfgk,jnhlkgfk,hjlhj

Explanation:

You are given the following information concerning Parrothead Enterprises:

Debt: 13,000 6.4 percent coupon bonds outstanding, with 15 years to maturity and a quoted price of 107. These bonds pay interest semiannually.
Common stock: 345,000 shares of common stock selling for $76.50 per share. The stock has a beta of .90 and will pay a dividend of $3.80 next year. The dividend is expected to grow by 5 percent per year indefinitely.
Preferred stock: 10,000 shares of 4.4 percent preferred stock selling at $86 per share.
Market: 11 percent expected return, risk-free rate of 3.6 percent, and a 22 percent tax rate.

Required:
Calculate the company's WACC.

Answers

Answer and Explanation:

Please find attached

Presented below is the trial balance of Pina Corporation at December 31, 2020.

Debit Credit
Cash $200,230
Sales $8,104,580
Debt Investments (trading) (at cost, $145,000) 157,580
Cost of Goods Sold 4,800,000
Debt Investments (long-term) 302,230
Equity Investments (long-term) 280,230
Notes Payable (short-term) 94,580
Accounts Payable 459,580
Selling Expenses 2,004,580
Investment Revenue 67,550
Land 264,580
Buildings 1,043,230
Dividends Payable 139,230
Accrued Liabilities 100,580
Accounts Receivable 439,580
Accumulated Depreciation-Buildings 152,000
Allowance for Doubtful Accounts 29,580
Administrative Expenses 904,550
Interest Expense 215,550
Inventory 600,230
Gain 84,550
Notes Payable (long-term) 903,230
Equipment 604,580
Bonds Payable 1,003,230
Accumulated Depreciation-Equipment 60,000
Franchises 160,000
Common Stock ($5 par) 1,004,580
Treasury Stock 195,580
Patents 195,000
Retained Earnings 81,230
Paid-in Capital in Excess of Par 83,230
Totals $12,367,730 $12,367,730

Required:
Prepare a balance sheet at December 31, 2020, for Scott Butler Corporation.

Answers

Answer:

Scott Butler Corporation

Balance sheet as at December 31, 2020

                                                                                      $                      $

Non-Current Assets

Land                                                                                               264,580

Buildings                                                                1,043,230

Less Accumulated Depreciation-Buildings          (152,000)        891,230

Equipment                                                               604,580

Accumulated Depreciation-Equipment                 (60,000)       544,580

Debt Investments (long-term)                                                      302,230

Equity Investments (long-term)                                                    280,230

Franchises                                                                                     160,000

Patents                                                                                           195,000

Total Non - Current Assets                                                        2,637,620

Current Assets

Inventory                                                                                      600,230

Debt Investments (trading) (at cost, $145,000)                          157,580

Accounts Receivable                                              439,580

Less Allowance for Doubtful Accounts                 (29,580)       410,000

Cash                                                                                             200,230

Total Current Assets                                                                 1,368,040

Total Assets                                                                              3,255,050

Equity and Liabilities

Equity

Common Stock ($5 par)                                                          1,004,580

Treasury Stock                                                                            195,580

Paid-in Capital in Excess of Par                                                  83,230

Retained Earnings                                                                        81,230

Total Equity                                                                              1,364,620

Liabilities

Non-Current Liabilities

Notes Payable (long-term)                                                       903,230

Bonds Payable                                                                       1,003,230

Total Non-Current Liabilities                                                  1,906,460

Current Liabilities

Accounts Payable                                                                     459,580

Notes Payable (short-term)                                                        94,580

Dividends Payable                                                                     139,230

Accrued Liabilities                                                                     100,580

Total Current Liabilities                                                             793,970

Total Liabilities                                                                        1,890,430

Total Equity and Liabilities                                                    3,255,050

Explanation:

A Balance Sheet shows the balances of Assets, Liabilities and Equity as at the Reporting Date.

See the Balance Sheet prepared above.

King Costume uses a periodic inventory system. The company started the month with 6 masks in its beginning inventory that cost $8 each. During the month, King Costume purchased 41 additional masks for $10 each. At the end of the month, King counted its inventory and found that 3 masks remained unsold. Using the LIFO method, its cost of goods sold for the month is:

Answers

Answer:

$464

Explanation:

Periodic Inventory method is being used. That means valuation of inventory is done at the end of a specific period.

LIFO method is also used for determining the cost of inventory sold. FIFO stands for Last In First Out.

Calculation of Cost of Goods Sold :

41 unit × $10   = $440

3 units × $8    =   $24

Total               = $464

The cost of goods sold for the month is: $464

The two forms of business financing are _____ (borrowed funds) and _____ (ownership funds). Group of answer choices

Answers

Answer:

*debt

*equity

Explanation:

Business financing are regarded to ways in which individual or organization can seek funds to manage business activities. These activities can be to purchase raw materials, running of the business and so on. Funds can be seek can from financial institution such as bank

The two forms of business financing are debt(borrowed funds) and equity (ownership funds.

Debt which is borrowed funds is way to source funds for business activities, it's a means to seek fund for working capital capital, however it will be paid back with interest at a given period of time.

Equity which is ownership funds, is another way to source funds for business activities through selling of shares of that particular organization to investors, and others

Match the qualitative characteristics below with the following statements.1. Timeliness2. Completeness3. Free from error4. Understandability5. Faithful representation6. Relevance7. Neutrality8. Confirmatory valuea. Quality of information that assures users that information represents the economic phenomena that it purports to represent.b. Information about an economic phenomenon that corrects past or present expectations based on previous evaluations.c. The extent to which information is accurate in representing the economic substance of a transaction.d. Includes all the information that is necessary for a faithful representation of the economic phenomena that it purports to represent.e. Quality of information that allows users to comprehend its meaning.

Answers

Answer:

1. Comparability.

2. Predictive value.

3. Free from error.

4. Completeness.

5. Faithful representation.

Explanation:

a. Comparability: Quality of information that assures users that information represents the economic phenomena that it purports to represent.

b. Predictive value: Information about an economic phenomenon that corrects past or present expectations based on previous evaluations.

c. Free from error: The extent to which information is accurate in representing the economic substance of a transaction.

d. Completeness: Includes all the information that is necessary for a faithful representation of the economic phenomena that it purports to represent.

e. Faithful representation: Quality of information that allows users to comprehend its meaning

How is government in the United States today different from government in ancient Athens? O The United States is a direct democracy. The United States allows citizens to vote. The United States is a republic. O The United States has a unicameral legislature.​

Answers

Answer:

C -  The United States is a republic.

Explanation:

I got it right on edge

The government in the United States is different from the government in ancient Athens because the United States government is a republic. Therefore, the option C holds true.

What is the significance of a republic governance?

A governance that follows the ideologies and principles of a republic government is the society where republic governance is said to be existing. The President is the most supreme authority in a republic governance.

All the characteristics given above are common between the government of the United States and the government of ancient Athens, except for one difference, which is the republic governance being carried in the government of the United States of America at present.

Therefore, the option C holds true and states regarding the significance of a republic governance.

Learn more about a republic governance here:

https://brainly.com/question/19044837

#SPJ5

Sheridan Company sells radios for $50 per unit. The fixed costs are $445000 and the variable costs are 60% of the selling price. As a result of new automated equipment, it is anticipated that fixed costs will increase by $65000 and variable costs will be 50% of the selling price. The new break-even point in units is:

Answers

Answer:

Break-even point in units= 2,600

Explanation:

To calculate the break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Fixed costs= $65,000

Contribution margin per unit= 50*0.5= $25

Break-even point in units= 65,000/25

Break-even point in units= 2,600

Cute Camel Woodcraft Company’s income statement reports data for its first year of operation. The firm’s CEO would like sales to increase by 25% next year.
1. Cute Camel is able to achieve this level of increased sales, but its interest costs increase from 10% to 15% of earnings before interest and taxes (EBIT).
2. The company’s operating costs (excluding depreciation and amortization) remain at 60% of net sales, and its depreciation and amortization expenses remain constant from year to year.
3. The company’s tax rate remains constant at 25% of its pre-tax income or earnings before taxes (EBT).
4. In Year 2, Cute Camel expects to pay $100,000 and $1,759,500 of preferred and common stock dividends, respectively.
Complete the Year 2 income statement data for Cute Camel.
Cute Camel Woodcraft Company
Income Statement for Year Ending December 31
Year 1 Year 2 (forecasted)
Net sales $15,000,000
Less: Operating costs, except
depreciation and amortization 9,000,000
Less: Depreciation and
amortization expenses 600,000 600,000
Operating income (or EBIT) $5,400,000
Less: Interest expense 540,000
Pre-tax income (or EBT) 4,860,000
Less: Taxes (25%) 1,215,000
Earnings after taxes $3,645,000
Less: Preferred stock dividends 100,000
Earnings available to
common shareholders 3,545,000
Less: Common stock dividends 1,458,000
Contribution to retained
earnings $2,087,000 $2,539,250
Given the results of the previous income statement calculations, complete the following statements:
• In Year 2, if Cold Goose has 5,000 shares of preferred stock issued and outstanding, then each preferred share should expect to receive____in annual dividends.
• If Cold Goose has 400,000 shares of common stock issued and outstanding, then the firm’s earnings per share (EPS) is expected to change from_____in Year 1 to_____in Year 2.
• Cold Goose’s earnings before interest, taxes, depreciation and amortization (EBITDA) value changed from_____in Year 1 to_____in Year 2.
• It is_____to say that Cold Goose’s net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company’s annual contribution to retained earnings, $3,485,500 and $4,284,812, respectively. This is because_____of the items reported in the income statement involve payments and receipts of cash.

Answers

Answer:

A. Preferred share= $20 per share in annual dividend

B. The firm’s earnings per share (EPS) is expected to change from 8.8625 in Year 1 to 10.7468 in Year 2

C. EBITDA value changed from $6,000,000 in Year 1 to $7,500,000 in Year 2

D. It is CORRECT to say that Cute Camel’s net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company’s annual contribution to retained earnings $2,087,000 and $2,539,250 repectively . This is because RECONCILIATION of the items that was reported in the income statement involve both payments and the receipts of cash

Explanation:

Preparation of Income statement for the year ending December 31

FIrst step is to prepare the forecasted income statement for Year 2

Cute Camel Woodcraft company

Income statement for the year ending December 31

Year 1 Year 2 (Forecasted)

Net sales$15,000,000 18,750,000

(15,000,000 * 125%=18,750.000)

Less: Operating costs, except depreciation and amortization

9,000,000 11,250,000

(18,750,000 * 60%=11,250,000)

Less: Depreciation and amortization expenses

600,000 600,000

Operating income (or EBIT)

$5,400,000 6,900,000

(15,000,000-9,000,000-600,000=5,400,000)

(18,750,000-11,250,000-600,000=6,900,000)

Less: Interest expense

540,000 1,035,000

(6,900,000 * 15%=1,035,000)

Pre-tax income (or EBT)

4,860,000 5,865,000

($5,400,000 -540,000=4,860,000)

(6,900,000 -1,035,000=5,865,000)

Less: Taxes (25%)

1,215,000 1,466,250

(5,865,000 * 25%=1,466,250)

Earnings after taxes

$3,645,000 4,398,750

(4,860,000 -1,215,000=$3,645,000)

(5,865,000-1,466,250=4,398,750)

Less: Preferred stock dividends

100,000 100,000

Earnings available to common shareholders

3,545,000 4,298,750

($3,645,000-100,000=3,545,000)

( 4,398,750-100,000=4,298,750)

Less: Common stock dividends

1,458,000 1,759,500

Contribution to retained earnings

$2,087,000 $2,539,250

(3,545,000-1,458,000=$2,087,000)

(4,298,750-1,759,500=$2,539,250)

A. In Year 2, each preferred share should expect to receive $20 per share in annual dividend calculated as :

Preferred share= 100,000/5000

Preferred share= $20 per share in annual dividend

B. The firm’s earnings per share (EPS) is expected to change from 8.8625 in Year 1 to 10.7468 in Year 2 Calculated as:

Year 1 earnings per share=3,545,000/400,000 Year 1 earnings per share= 8.8625

Year 2 earnings per share=4,298,750/400,000

Year 2 earnings per share= 10.7468

C. EBITDA value changed from $6,000,000 in Year 1 to $7,500,000 in Year 2 calculated as:

Year 1 (EBITDA)=5,400,000 + 600,000

Year 1 (EBITDA)= $6,000,000

Year 2 (EBITDA)= 6,900,000 + 600,000

Year 2 (EBITDA) = $7500,000

D. It is CORRECT to say that Cute Camel’s net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company’s annual contribution to retained earnings $2,087,000 and $2,539,250repectively . This is because RECONCILIATION of the items that was reported in the income statement involve both payments and the receipts of cash

g you are eligible for a 30 year fixed rate home mortgage with 3.6% interest rate what is the maximum loan you can get

Answers

Answer:

the maximum loan is $379,417

Explanation:

The computation of the maximum loan is shown below:

As we know that

Maximum Loan = Present Value of all monthly Payments

=  $1,725 × PVAF(0.3%,360 months)

= $1,725 × [1- (1+0.003)^-360] ÷ 0.003

= $1,725 × 219.9517

=  $379,417

hence, the maximum loan is $379,417

Here the interest rate is divided by 12 and the months should be multiplied by 12 as this is the case of monthly basis

Answer:

money

Explanation:

Global strategic planning is a primary function of a company's managers, and the process of strategic planning provides a formal structure for undertaking this process. Companies are confronting a set of environmental forces that are increasingly complex, global, and subject to rapid change. In response, many international firms have found it necessary to institute formal global strategic planning to provide a means for top management to identify opportunities and threats from all over the world.

Required:
Formulate strategies to handle them, and stipulate how to finance and manage the implementation of these strategies?

Answers

Answer and Explanation:

The steps in global strategic planning include

Review or develop Vision & Mission: business aims to understand what its vision and mission is, reviewing one already there or developing a new one based on the current business environment and changes

Business and operation analysis. Here the business aims to understand it's environment in terms of it strengths and weaknesses internally and externally

Develop Strategic Options: business looks to find all strategic options available and weighs options to select best strategy on the basis of its business and operation analysis to understand strategy to tackle the current business situation

Establish Strategic Objectives: strategy objectives are developed to tackle new business environment

Strategy Execution Plan: the execution plan involves an effective plan that can duly implemented

Establish Resource Allocation: resources are allocated to execute the global strategic plan

Execution Review: execution is reviewed and quantified to see if the plan is being met

Lina Martinez wants to buy a new high-end audio system for her car. The system is being sold by two dealers in town, both of whom sell the equipment for the same price of $2,000. Lina can buy the equipment from Dealer A, with no money down, by making payments of $118.28 a month for 18 months; she can buy the same equipment from Dealer B by making 36 monthly payments of $70.31 (again, with no money down). Lina is considering purchasing the system from Dealer B because of the lower payment.
Find the APR for Dealer A.
Use the financial calculator and Find the APR for Dealer B

Answers

Answer:

dealer A:

total interest charged = ($118.28 x 18 months) - $2,000 = $129.04

APR = [($129.04 / $2,000) / 1.5 periods] x 100% = 4.3%

dealer B:

total interest charged = ($70.31 x 36 months) - $2,000 = $531.16

APR = [($531.16 / $2,000) / 3 periods] x 100% = 8.85%

The APR charged by dealer A is much lower than the APR charged by dealer B. Even thought the monthly payments are much lower for dealer B, the total amount of interest charged is much higher.

All the following are characteristics of a tradable market except a. Easy Access b. Parity c. Liquidity d. Fungibility e. Lack of a Trend

Answers

Answer:

e. Lack of a Trend

Explanation:

The tradable market is the market in which the trading is to be done

It involves various attributes like parity, liquidity, fungibility but does not involve the lacking of a trend

Therefore according to the given situation, the option e is correct as it does not come under the tradable market characteristics

Therefore option e is right and the same is to be considered

At year-end, Marshall Enterprise's Factory Overhead account has a credit balance of $5,000, which is not a material amount. What entry should Marshall make at year-end

Answers

Answer:

Factory overheads $5,000 - Debit

Cost of goods sold $5,000 - Credit

Explanation:

Credit balance of overheads means over-applied overheads.  Hence, when it is not material amount, it will be closed in Cost of goods sold account.

Date   Accounts title and explanation      Debit      Credit

           Factory Overheads                         $5,000

                    Cost of goods sold                                 $5,000

           (For closing the overheads credit balance)

How is an index fund different than an exchange-traded fund?

Answers

Answer:The key differences between index ETFs and index funds is ETFs trade throughout the day while index funds trade once at market close. ETFs are often cheaper than index funds if bought commission-free. Index funds often have higher minimum investments than ETFs.

Explanation: The key differences between index ETFs and index funds is  ETFs trade throughout the day while index funds trade once at market close. ETFs are often cheaper than index funds if bought commission-free. Index funds often have higher minimum investments than ETFs.

- Which of the following is NOT a Factor of Production
A. Money
B. Land
C. Labor
D. Capital

Answers

Money.


The rest are all factors so your answer is A
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