Answer:
If the money wage rate increased from $40.00 to 45.24 and hour and consumer prices rose by 16%, we would expect _______ people to try to find a job and employed people to want to work _______ hours.
a. more; longer.
The____ would _____.
b. quantity of labor supplied; increase.
Explanation:
Generally, when wage rates increase, this will led to an increase in the inflation rate. The problem is what happens if wages increase less than the inflation rate. This means that real wages will actually decrease once we adjust them to inflation. This will cause more people trying to get a job or working longer hours just to be able to pay for the same amount of goods as before.
In this example, the wage rate increased by 13.1%, but the inflation rate increased by 16%, so real wages decreased.
The United States and France both produce sweaters and caps. Suppose that a US worker can produce 50 caps per hour or 1 sweater per hour and a French worker can produce 40 caps per hour and 2 sweaters per hour. Based on this scenario, which statement is true? A. The United States has a comparative advantage producing caps. B. France has a comparative advantage producing caps. C. The United States has a comparative advantage producing sweaters. D. Neither country has a comparative advantage producing either good.
Answer:
The United States has a comparative advantage producing caps
Explanation:
got a 100 yw dawg
Match the correct EFTA and PCI Standards.
report a stolen debit card
protect credit card data
place a stop payment on
recurring payments
maintain a secure network
Answer:
The Electronic Fund Transfer Act (EFTA) is an Act of Congress that was enacted to protect the transactions of customers transferring their funds by electronic means such as through Automated Teller Machines (ATMs) and debit cards.
The Payment Card Industry Data Security Standard (PCI DSS) is meant to ensure that financial institutions like banks have strong and secure network infrastructure to protect customers and their details.
EFTA
report a stolen debit card .place a stop payment on recurring payments.PCI
protect credit card data maintain a secure networkAnswer:
EFTA: report a stolen debit card, place a stop payment on recurring payments
PIC standards: protect credit card data, maintain a secure network
Explanation: my brain
Damages awarded in a civil lawsuit to punish the wrongdoer in cases involving willful or malicious misconduct are called_________
Answer: punitive damages
Explanation:
Damages awarded in a civil lawsuit to punish the wrongdoer in cases involving willful or malicious misconduct are called punitive damages.
Punitive damages can also be referred to as exemplary damages and they're awarded so as to prevent the defendant from commiting such offence again and for.others to also learn and not do such in the future.
What are the parts of a proposal?
a + a + y +y what is the answer to this question please tell its on maths
What are the two major issues related to the translation of foreign currency financial statements?
Answer: are: (1) which method should be used.
2) where should the resulting translation adjustment be reported in the consolidated financial statements.
Explanation:
The two major problems which are usually encountered when translation of foreign financial statements are concerned are,
a. What method should be used, he the method to be used is discussed and one agreed on.
b. Where should the adjustments arrived at be reported on the consolidated financial statements. were it should be reported and recorded down on the financial statements is also decided.
Assume Venture Healthcare sold bonds that have a ten-year maturity, a 12 percent coupon rate with annual payments, and a $1,000 par value Suppose that two years after the bonds were issued, the required interest rate fell to 7 percent. What would be the bond's value? a. Suppose that two years after the bonds were issued, the required interest rate rose to 13 percent What would be the bond's value? b. What would be the value of the bonds three years after issue in each scenario above, assuming that interest rates stayed steady at either 7 percent or 13 percent?
Answer:
market rate falls to 7%
market price of bonds after 2 years:
PV of face value = $1,000 / 1.07⁸ = $582.01
PV of coupon payments = $120 x 5.9713 (PV annuity factor, 7%, 8 periods) = $716.56
market price = $1,298.57
market price of bonds after 3 years:
PV of face value = $1,000 / 1.07⁷ = $622.75
PV of coupon payments = $120 x 5.3893 (PV annuity factor, 7%, 7 periods) = $646.72
market price = $1,269.47
market rate increases to 13%
market price of bonds after 2 years:
PV of face value = $1,000 / 1.13⁸ = $376.16
PV of coupon payments = $120 x 4.7988 (PV annuity factor, 13%, 8 periods) = $575.86
market price = $952.02
market price of bonds after 3 years:
PV of face value = $1,000 / 1.13⁷ = $425.06
PV of coupon payments = $120 x 4.4226 (PV annuity factor, 13%, 7 periods) = $530.71
market price = $955.77
Consider a 3-year bond with a par value of $1,000 and an 8% annual coupon. If interest rates change from 8 to 6% the bond's price will:___________
a. Increase by $51.54
b. Decrease by 51.54
c. Increase by $53.46
d. Decrease by $53.46
On January 1, 2017, the merchandise inventory of Glaus, Inc. was $1,600,000. During 2017 Glaus purchased $3,200,000 of merchandise and recorded sales of $4,000,000. The gross profit rate on these sales was 25%. What is the merchandise inventory of Glaus at December 31, 2017?
a. $800,000.
b. $1,000,000.
c. $1,800,000.
d. $3,000,000.
Answer: $1,800,000
Explanation:
The merchandise inventory of Glaus at December 31, 2017 will be:
Begining Inventory = $1,600,000
Add: Purchases = $3,200,000
Less: Cost of goods sold = $4,000,000
Add: Gross profit = 25% × $4,000,000 = $1,000,000
Ending Inventory = $1,800,000
The answer is $1,800,000.
It is always more profitable to operate a full flight at a lower cost per ticket than a partially full flight at a higher price.
a. True
b. False
Answer: False
Explanation:
It is not always more profitable to operate a full flight at a lower cost per ticket because this depends on the unique situation in question. If the tickets are so low that even with the amount of people in the airplane the company is unable to recuperate its cost, then the condition does not hold.
Meanwhile sometimes the partially full price might see the prices being paid would offset the costs of the flight which would bring profits to the company. It therefore depends on the unique situation.
A survey of small businesses with Web sites found that the average amount spent on a site was $11,500 per year (Fortune, March 5, 2001). Given a sample of 60 businesses and a population standard deviation of $4000, what is the margin of error (o decimals)? Use 95% confidence. What sample size would you recommend if the study required a margin of error of $500 (0 decimals)?
Answer: Margin of error 1012.144.
I would recommend a sample size of 246.
Explanation:
Given data:
Mean= M = $11,500
Standard deviation =s = $4,000
sample size=n= 60
s x = standard error of mean
=s / square root of n= 516.4 = ( 4000 / square root of 60)
Confidence level= 95%
Therefore, Significance level= a (alpha) = 5% = 1- 0.95
No of trails= 2
This is so because it’s a 2 tailed test because we need to find the margin of error.
Since sample size= 60 >= 30
we will use normal distribution
Z at the 0.05 level of significance 2 tailed test = 1.96
Margin of error =z*s x
= 1.96*516.4
= 1012.144.
if the study requires us to assume a margin of error of $500, we will then need to increase the sample size
•Therefore,
Standard deviation =s = $4,000
confidence interval= 95%
Z corresponding to 95% and two tailed test is = 1.96
We have to ensure that Z* s x < $500
or s x < =500/Z
= 500/1.96
= or s x < 255.102041
But
s x=standard error of mean=s / square root of n
s = 4000
or n=(s ^2)/(s x^2)
= 4000^2/255.102041^2
= 246.
Therefore, the sample size should be increased to 246.
The two types of interaction diagrams are _____ diagrams.
A. use case and sequence
B. class and sequence
C. sequence and communication
D. object and communication
Answer:
B: class and sequence.
please brainlist answer
You bought a stock three months ago for $51.27 per share. The stock paid no dividends. The current share price is $55.36. What is the APR and EAR of your investment? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
Answer:
APR= 23.91%
EAR= 8%
Explanation:
A stock was bought at $51.27 three months ago
The current share price is $55.36
Therefore the APR of the investment can be calculated as follows
= 55.36-51.27/51.27
= 4.09/51.27
= 0.0797
= 7.97%
APR= 3×7.97
= 23.91%
EAR= (1+0.079/3)^3-1
= 1+0.0263^3-1
= 1.026^3-1
= 0.08×100
= 8%
1. Prepare journal entries to record the following hypothetical 2006 events:a. A customer deposits $50,000 in WaMu savings account on 1/1/2006.b. WaMu pays a 1% (annual) interest on that deposit on 3/31/06.c. WaMu lends the $50,000 to another customer for a 6% home loan on 1/1/06.d. WaMu accrues interest on that loan as of 3/31/06.2. How much net interest income (profit) did WaMu earn in the first quarter of 2006 on this deposit and the corresponding loan?
Answer:
1. A. Dr Cash 50,000
Cr Customers Saving Account 50,000
B.Dr Interest Expense 125
Cr Cash 125
C. Dr Loan Receivables 50,000
Cr Cash 50,000
D. Dr Interest Receivables 750
Cr Interest Income 750
2. $625
Explanation:
Answer and Explanation:
1. Preparation of journal entries
a. In a situation where A customer made deposits of the amount of $50,000 in WaMu savings account on 1/1/2006 the Journal entry will be:
Dr Cash 50,000
Cr Customers Saving Account 50,000
(Being to record the deposit from customers)
b. In a situation where WaMu pays a 1% as annual interest on the deposit on 3/31/06 the journal entry will be:
Dr Interest Expense 125
(50,000*1%*3/12)
Cr Cash 125
(Being to record the payment of interest Expense)
c. In a situation where WaMu lends out the
amount of $50,000 to another customer the Journal entry will be:
Dr Loan Receivables 50,000
Cr Cash 50,000
(Being to record the receivable lent to customers)
d. In a situation where WaMu accrues interest on this date 3/31/06 the journal entry will be:
Dr Interest Receivables 750
(50,000*6%*3/12)
Cr Interest Income 750
(Being to record the interest accrued)
2. Calculation for How much net interest income (profit) did WaMu earn in the first quarter
First step is to calculate the Net Interest Rate
Interest Rate on Receivables 6%
Less Interest Rate on Payable 1%
Net Interest Rate 5%
Second Step will be to calculate the Annual Net Interest
Using this formula
Annual Net Interest=Principal *Net Interest Rate
Let plug in the formula
Annual Net Interest=50,000*5%
Annual Net Interest= 2,500
Last step is to calculate the first quarter net interest income
Using this formula
First quarter net interest income=Time*Annual Net Interest
Let plug in the formula
First quarter net interest income= 3/12*2,500
First quarter net interest income= $625
Therefore the First quarter net interest income will be $625
Describe techniques companies may use to enter or grow markets in other countries. Evaluate the benefits and pitfalls of several of these tactics.
Answer:
Companies enters the foreign market through several tactics. But it has both advantages and disadvantages in doing so.
Explanation:
If there are opportunities in the foreign of the goods and a good market prospects, one can invest and expand his or her business in the foreign market. However, there are some difficulties in entering a new market in other countries which may include new competition in the market as well adapting a new environment regulatory.
Some of the ways by which one can enter the foreign market are License agreement, joint ventures, online sales of product, purchasing some of the foreign assets, etc.
The advantages are :
-- Selling products online is a low cost method. It is more convenient than having a physical asset in the foreign land.
-- Cost of establishment is saved.
The disadvantages are :
-- The freight cost will be high to and from the country.
-- There will be no direct control and one will be reliable on the association.
-- The potential country may have some strict rules and regulations for business contracts, franchises, licenses or partnerships, etc.
The following data pertains to Michalko Corp. Assuming that the risk-free rate is 4.2% and the market risk premium is 6.2%, calculate Michalko's weighted-average cost of capital.
Michalko Corp.
Total Assets $14,680
Interest-Bearing Debt $19,100
Average borrowing rate for debt 11%
Common Equity:
Book Value $5,120
Market Value $25,700
Marginal Income Tax Rate 40%
Market Equity Beta 1.25
Answer:
Michalko's weighted-average cost of capital is 9.65 %.
Explanation:
Weighted Average Cost of Capital (WACC) is the return that is required by providers of Long term sources of finance.
WACC = Ke x (E/V) + Kp x (P/V) + Kd x (D/V)
Therefore,
Ke = Cost of Equity
= Return on Risk free Security + Beta x (Return on Market Portfolio - Return on Risk free Security)
= 4.2% + 1.25 × 6.2%
= 11.95 %
E/V = Market Weight of Equity
= $25,700/ ($25,700 + $19,100)
= 0.57
Kd = Cost of Debt
= Market Interest x ( 1 - tax rate)
= 11% × (1 - 0.40)
= 6.60 %
D/V = Market Weight of Debt
= $19,100/($25,700 + $19,100)
= 0.43
Thus,
WACC = Ke x (E/V) + Kd x (D/V)
= 11.95 % × 0.57 + 6.60 % × 0.43
= 9.65 %
Skysong, Inc. returned $140 of goods originally purchased on credit from Concord Industries. Using the periodic Inventory approach, Skysong would record this transaction as:_____.
Accounts Payable 190
Sales Returns and Allowances 190
Sales Returns and Allowances 190
Accounts Receivable 190
Inventory 190
Accounts Receivable 190
Accounts Receivable 190
Sales Returns and Allowances 190
Answer:
Sales Returns and Allowances $140 and Accounts Receivable $140
Explanation:
When goods are returned, the sales revenue decreases through Sales Returns and Allowances which is an expense so it is debited and the goods sold on account so the Accounts Receivable which is an asset decreases so it is credited.
Date Account Titles and Explanations Debit Credit
Sales Returns and Allowances $140
Accounts Receivable $140
(To record sales returns)
A trucking company sold its fleet of trucks for $55,200. The trucks originally cost $1,416,000 and had Accumulated Depreciation of $1,271,000 recorded through the date of disposal. What gain or loss did the trucking company record when it sold the fleet of trucks?A. Loss of $55,600.
B. Gain of $55,600.
C. Gain of $105,400.
D. Loss of $105,400.
Answer:
the loss at the time of sale is $89,800
Explanation:
The computation of the gain or loss at the time of sale is shown below:
Written down value of trucks at the sale date is
= Cost - Accumulated Depreciation
= $1,416,000 - $1,271,000
= $145,000
And, the sale value is $55,200
So, the loss would be
= $145,000 - $55,200
= $89,800
This is the answer but the same is not provided in the given options
hence, the loss at the time of sale is $89,800
First one to answer gets a brainly, look at the picture please
Answer:
c
Explanation:
Answer: B
Explanation:
The following labor standards have been established for a particular product:
Standard labor-hours per unit of output 10.3 hours
Standard labor rate $14.10 per hour
The following data pertain to operations concerning the product for the last month:
Actual hours worked 8,100 hours
Actual total labor cost $110,970
Actual output 900 units
What is the labor efficiency variance for the month?
a. $16,029 F
b. $16,497 F
c. $19,737 F
d. $19,737 U
Answer:
Direct labor time (efficiency) variance= 16,497 favorable
Explanation:
Giving the following information:
Standard labor-hours per unit of output 10.3 hours
Standard labor rate $14.10 per hour
Actual hours worked 8,100 hours
Actual output 900 units
To calculate the direct labor efficiency variance, we need to use the following formula:
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Standard quantity= 10.3*900= 9,270
Direct labor time (efficiency) variance= (9,270 - 8,100)*14.1
Direct labor time (efficiency) variance= 16,497 favorable
Describe the various key ratios managers rely on, briefly explain what each type of ratio tells the financial manager, and give one specific example of each.
Answer: Liquidity and current ratio, Solvency Ratios and Financial Stability, Profitability Ratios and Margins
Explanation:
The various key ratios managers rely on are
1) Liquidity and the Current Ratio; is the commonly used ratio, and is the ratio of current assets to current liabilities. The ratio helps determine the company's ability to foot short term bills
2) Solvency Ratios and Financial Stability; This ratio describes the financial stability by measuring the company's debt in relation to it's assets and equity. Companies with a lot of debts may not be able to sustain themselves overtime if business conditions deteriorates
3) Profitability Ratios and Margins; defines the ability to convert sales dollars into profits and cash flow. The common ones are gross margin, operating margin and net income margin
Carmel Corporation is considering the purchase of a machine costing $45,000 with a 4-year useful life and no salvage value. Carmel uses straight-line depreciation and assumes that the annual cash inflow from the machine will be received uniformly throughout each year. In calculating the accounting rate of return, what is Carmel's average investment?
Answer:
($45,000 + $0)/2 = $22,500
Explanation:
we cant tell the percentage per year because we don't know how much they are paying in taxes annually.
Make sure to look on my page for any fręē põïńtś in the future this one is for 10 witch means it’s the last one.
If you don’t get this remember I well have more later!
Answer:
Thank you, appreciate it.
Explanation:
Because I secretly love you.
Which of the following costs will not affect cost of goods sold?
A. Inventory-related selling costs.
B. Inventory inspection costs.
C. Inventory preparation costs.
D. Freight charges incurred to bring inventory to the warehouse.
Answer:
A. Inventory-related selling costs
Explanation:
Cost of goods sold is the carrying value of a good produced by a company. It involves all the costs that were incurred by a business in transporting and processing the product before it is ready for sales.
This includes inspection costs, inventory preparation costs, and freight charges.
However costs related to sales are not part of cost of goods sold. It does not add to the cost of producing the good.
Rather this is classified as general and administrative expenses
7. If net sales decrease and cost of goods sold increases, the gross profit percentage
O A. decreases.
O B. will change based upon the change in total assets.
OC. increases.
D. remains the same.
Answer:
A. decreases.
Explanation:
When provided with the sales figure and the costs of golds sold (COGS), the calculation of gross profit will be the sales revenue minus the cost of goods sold.
I.e., Sale revenue - COGS = gross profit.
IF sales revenue is high and the cost of goods is low, a business will have a gross profit. The business will make losses if the cost of good s sold is greater than sales.
If sales revenue reduces and COGS increases, the gross profit percentage will decrease.
Jennifer receives an increase in her nominal income. She complains that the current inflation rate of five percent erodes the real purchasing power of her additional nominal income. This is false:__________.a. if her wealth decreasesb. since inflation always reduces purchasing powerc. if the increase in her nominal income is more than five percentd. if the increase in her nominal income is less than five percent
Answer:
Option C: if the increase in her nominal income is more than five percent.
It is true only if only if the increase in her nominal income is less than five percent.
Explanation:
An inflation is simply an increase (slight or Sharp) in the average price level of prices of goods and services of which the opposite is deflation.
INFLATION RATE is simply an annual percentage rate of increase in the average price level of commodities/services.
NOMINAL INCOME
Is defined simply as the amount of money received in a given period of time. It is usually measured in current dollars and does not change or simply as the numbers of dollars received as wages, rents, interests, or profits.
nominal incomes tend to rise with inflation
If inflation is higher than what was expected, creditors receive a lower real interest rate than they had anticipated and vice versa.
As the price level rises, the value of money decreases, so people must hold more money to purchase goods and services.
During the coming accounting year, Baker Manufacturing, Inc., anticipates the following costs, expenses, and operating data:_______.
Direct material (16,000 lb.) $ 160,000
Direct labor (at $17.50/hr.) 245,000
Indirect material 24,000
Indirect labor 44,000
Sales commissions 68,000
Factory administration 32,000
Non factory administrative expenses 40,000
Other manufacturing overhead* 96,000
*Provides for operating 61,250 machine hours.
a. Compute the predetermined factory overhead rate under three different bases: (1) direct labor hours, (2) direct labor costs, and (3) machine hours. (Round amounts to 2 decimal places.)
b. Assume that actual factory overhead was $308,000 and that Easton Incorporated elected to apply factory overhead to Work in Process based on direct labor hours.
Answer:
Baker Manufacturing, Inc.
a) Predetermined factory overhead rate under the three different bases:
(1) direct labor hours = $196,000/14,000 = $14 per DLH
(2) direct labor costs = $196,000/$245,000 = $0.80 per DLC
(3) machine hours = $196,000/61,250 = $3.20 per MH
b) Based on the actual factory overhead of $308,000, there will be under-absorption of the factory overhead by $112,000.
Explanation:
a) Data and Calculations:
Direct material (16,000 lb.) $ 160,000
Direct labor (at $17.50/hr.) 245,000
Indirect material 24,000
Indirect labor 44,000
Sales commissions 68,000
Factory administration 32,000
Non factory administrative expenses 40,000
Other manufacturing overhead* 96,000
*Provides for operating 61,250 machine hours.
Factory overhead costs:
Indirect material 24,000
Indirect labor 44,000
Factory administration 32,000
Other manufacturing overhead 96,000
Total factory overhead costs $196,000
Estimated direct labor-hours = $245,000/$17.50 = 14,000 hours
a) Predetermined factory overhead rate under the three different bases:
(1) direct labor hours = $196,000/14,000 = $14 per DLH
(2) direct labor costs = $196,000/$245,000 = $0.80 per DLC
(3) machine hours = $196,000/61,250 = $3.20 per MH
b) Actual factory overhead assumed to be $308,000:
Under-absorbed factory overhead = $112,000 ($308,000 - 196,000)
a. The predetermined factory overhead rate under three different bases: Application base are: Direct labor hours $14, Direct labor costs 80%, Machine hours $3.20.
Predetermined overhead rate:First step
Total manufacturing overhead:
Total manufacturing overhead=Indirect materials + Indirect labor + Factory admin + Other manufacturing overheads
Total manufacturing overhead= 24,000+44,000+32,000+96,000
Total manufacturing overhead= 196,000
Second step
Method 1
Direct labor hours = 245,000/17.5
Direct labor hours = 14,000
Direct labor costs=196,000/14,000 = $14
Direct labor costs= $14
Method 2
Direct labor cost =Total manufacturing overhead/Direct labor
Direct labor cost = 196,000/245,000
Direct labor cost = 80%
Method 3:
Machine hours = Total manufacturing overhead/Provided operating machine hours
Machine hours = 196,000/61,250
Machine hours = $3.20
b. Actual factory overhead:
Under-absorbed factory overhead = $308,000 - $196,000
Under-absorbed factory overhead =$112,000
Inconclusion the predetermined factory overhead rate under three different bases: Application base are: Direct labor hours $14, Direct labor costs 80%, Machine hours $3.20.
Learn more about predetermined overhead rate here:https://brainly.com/question/4337723
Troll Island is a small island nation that recently experienced an autonomous change in aggregate expenditures (AE). AE increased by 4 billion, and the marginal propensity to consume on Troll Island is equal to 0.7. What is the change in Troll Island's real GDP after the increase in AE?
Answer:
Change in real GDP = $13,333,332,000
Explanation:
MPC = 0.7
Change in real GDP = Change in autonomous spending * Autonomous spending multiplier
Change in real GDP = $4 billion * 1 / (1 - MPC)
Change in real GDP = $4 billion * 1 / 1 - 0.7
Change in real GDP = $4 billion * 3.33333
Change in real GDP = $13,333,332,000
Thus, the real GDP will rise by $13.33 billion
Sea Company reports the following information regarding its production costs:
Units produced 42,000 units
Direct labor $35 per unit
Direct materials $28 per unit
Variable overhead $17 per unit
Fixed overhead $105,000 in total
Compute the product cost per unit under absorption costing.
a. $28.00
b. $82.50
c. $80.00
d. $63.00
e. $35.00
Answer:
b. $82.50
Explanation:
The computation of the product cost per unit under absorption costing is shown below:
= Direct labor + Direct materials + variable overhead per unit + (Total fixed overhead ÷ Units produced)
= $35 + $28 + $17 + ($105,000 ÷ 42,000)
= $35 + $28 + $17 + $2.5
= $82.50 per unit
Hence, the product cost per unit under absorption costing is $82.50 per unit
Therefore the correct option is b. $82.50
a. How does capacity utilization affect the intensity of internal rivalry in the commercial airline industry?
b. How does capacity utilization affect the extent of entry barriers in this industry?
Answer:
Barriers to entry, Internal industry rivalry, Supplier power, buyer power,etc.
Explanation:
Firms that are capable of excessive productions could boost sales volume by increasing the productions at cost advantage of reducing price. But firms that are incapable of increasing the productions capacity will be unable to produce extra quantity to gain any market share.
Barrier to entry : A established large MES of the industry prevents small entrants from entering into the industry.