Answer:
After each purchase
Explanation:
perpetual inventory system can be regarded as a kind of inventory management that utilize technology in the documentation of real-time transactions whenever stock is received or sold, this method is reliable and the efficiency is high compare to
periodic inventory system. It should be noted that When using a perpetual inventory system and the weighted-average inventory costing method, a new weighted-average cost per unit is computed after each purchase. perpetual inventory system can be use by gocesory stores.
What kind of warranty is often offered not through the manufacturer but instead through a third party? a. manufacturer’s warranty b. extended warranty c. full warranty d. limited warranty Please select the best answer from the choices provided
Answer:
The correct answer is B.
Explanation:
I just took the test, and B is correct.
An extended warranty is often offered by a third party instead of a manufacturer. The correct option is b.
What do you understand about an extended warranty?An extended warranty or service agreement is a prolonged warranty offered to customers in addition to the standard warranty on new items. This kind of warranty can be offered by the warranty administrator, the retailer or the manufacturer.
Extended warranties cost extra and for a percentage of the item's retail price. Occasionally some extended warranties that are purchased for multiple years state in writing that during the first year the consumer must still deal with the manufacturer in the occurrence of malfunction.
There are certain terms and conditions in extended warranty which may not match the original terms and conditions. For instance, these may not cover anything other than mechanical failure from normal usage.
Some common examples of extended warranties are automobiles and electronics.
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If one person's consumption of a good does not preclude another's consumption, the good is said to be: A. nonrival in consumption. B. rival in consumption. C. nonexcludable. D. excludable.
Answer:
The answer is "Option A".
Explanation:
All the commercial goods are generally competition. Non-rival products might well be purchased by one user, by comparison, while preventing concurrent usage by the others. Most – anti goods instances are abstract. TV is itself a good rival, yet Television broadcasts become non-rival goods.
It mentioned the rival product is also something that only a single consumer can acquire or ingest. Alternatively, a good that different individuals can use or own is said to have been inconsistent.
Blossom Company has provided you with the following sales data. September October November December Budgeted unit sales 20000 30000 50000 40000 The company requires that 5% of the next monthâs sales be on hand at the end of each month. Budgeted production for October is:_____________
Answer:
Production= 31,000
Explanation:
Giving the following information:
Sales:
October= 30,000
November= 50,000
The company requires that 5% of the next month's sales be on hand at the end of each month.
To calculate the production for October, we need to use the following formula:
Production= sales + desired ending inventory - beginning inventory
Production= 30,000 + (50,000*0.05) - (30,000*0.05)
Production= 31,000
Money is functioning as a medium of exchange if you:_________
a) compare book prices at the university bookstore versus online.
b) share a ride with your roommate instead of buying gas.
c) spend less this week so you'll have money for a concert next month.
d) purchase coffee at the local coffee shop before class.
Answer:
d) purchase coffee at the local coffee shop before class.
Explanation:
Money is used as a medium of exchange when buying or selling goods or services take place. Pertaining to this question, Money is functioning as a medium of exchange if you purchase coffee at the local coffee shop before class.
On January 1, 2019. A Corp purchased equipment for $20,000. The equipment had an estimated useful life of 5 years and a salvage value of $2,000. A Corp. uses the straight-line method for depreciation It A Corp sells the equipment for $13,600 on December 31 2020, it will have an:___________. (Hint: Watch the dates) a. $2,000 loss. b. $2,000 gain c. $800 gain d. $800 loss
Answer:
c. $800 gain
Explanation:
First we need to calculate the accumulated depreciation as on December 31, 2020
Accumulated depreciation = ( ( Cost - Salvage value ) / Useful Life ) x Numbers of years
Placing values in the formula
Accumulated depreciation = ( ( $20,000 - $2,000 ) / 5 year ) x ( December
31, 2020 - January 1, 2019 )
Accumulated depreciation = $3,600 x 2 years
Accumulated depreciation = $7,200
Now calculate the carrying value as on December 31, 2020
Carrying Value = Cost of asset - Accumulated Depreciation
Placing values in the formula
Carrying Value = $20,000 - $7,200 = $12,800
Now calculate the gain or loss on disposal
Gain / Loss on Disposal = Sale price - Carrying value
Placing values in the formula
Gain / Loss on Disposal = $13,600 - $12,800
Gain on Disposal = $800 Gain
How long do financial records remain on your credit report?
The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $27,000 per year forever. If the required return on this investment is 6.3 percent, how much will you pay for the policy? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g. 32.16.) Present value $ ________
Answer:
Present value = $428571.4286 rounded off to $428571.43
Explanation:
To determine how much should be paid for the policy today, we must calculate the present value of perpetuity. The policy returns are in the form of a perpetuity as they are paid in a constant amount after equal intervals of time and for an indefinite time period. The formula for the present value of perpetuity is,
Present value = Cash flows / r
Where,
r is the required rate of returnPresent value = 27000 / 0.063
Present value = $428571.4286 rounded off to $428571.43
_____ is the character and personality of your organization.
[A] Social media
[B] Culture
[C] Career
[D] Atmosphere
Answer:
B - Culture
Explanation:
An organization's culture defines the proper way to behave within the organization. This culture consists of shared beliefs and values established by leaders and then communicated and reinforced through various methods, ultimately shaping employee perceptions, behaviors and understanding.
Which type of business constituent has titles such as President and CEO?
Answer: s corporations
Explanation:
hope this helps. With an S corporation that has a single shareholder, he or she can be called the president, CEO, or another title. S corporations with more than one shareholder can issue titles at the time of formation.
During 2020, Flint Corporation reported net sales of $5,490,000 and net income of $1,320,000. Its balance sheet reported average total assets of $1,500,000. Calculate the asset turnover.
Answer:
The asset turnover is 3.66 times
Explanation:
Asset Turnover is the efficiency rate of the assets of the business to generate revenue for the business. It shows how efficiently the assets of the business are used to generate revenue for the business.
Formula for Asset turnover is as follow
Asset Turnover = Net sales / Average total assets
Asset Turnover = $5,490,000 / $1,500,000
Asset Turnover = 3.66 times
It means that the sale for the period is generated to 3.66 times of average total asset of the business.
lauren is 17 years old. She report earned income of $3,000 and unearned income of $6,200. Is it likely that she is subject to the kidie tax? Explain.
Answer:
Following are the solution to this question:
Explanation:
Yes, at the end of the year Lauren is now under the age of eighteen but her salary is much more than $2,100, and she's eligible to its Kiddie levy. Notice that perhaps the child's net unpaid wages are a kiddie tax base. Net income that is undeserved shall be less than total salary of even an unarned infant minus $2,100 or tax payable of the child. Here, Lauren's Tax Income is measured as gross income of $9,200, minus her $3,350 = $5,850. That gross taxes unattained minus 2,100 dollars was estimated as 6.200 dollars less 2,100 dollars = 4,100 dollars taxed to use a fide and interest deduction schedule. The other $1,750 is paid 10 percent of Lauren's cost.
The Hewitt Company has calculated that their average collection period (ACP) is 25 days. They are hoping that the new cash discounts they have implemented will reduce the ACP. After one month, they have the following data: 60% pay in 15 days and 40% pay in 30 days. How much is the change in the ACP?
a. 4 days reduced
b. 4 days increased
c. 17 days increased
d. 21 days reduced
Answer:
a. 4 days reduced
Explanation:
Calculation for How much is the change in the ACP
First step is to calculate New Collection Period
New Collection Period =( 60% * 15 Days) + (40% * 30 Days )
New Collection Period=9 Days+12 Days
New Collection Period= 21 Days
Last step is to calculate Change in ACP using this formula
Change in ACP =Current Average Collection Period -New Collection Period
Let plug in the formula
Change in ACP = 25 Days - 21 Days
Change in ACP= 4 Days (Reduced)
Therefore the change in the ACP will reduced by 4 days
What is a survey?
A. It is when only a portion of a population is researched.
B. It is a research method where the researcher assembles small
groups of people.
C. It involves recording actions or events related to buying behavior.
D. It is a set of questions used for gathering data.
It is a set of questions used for gathering data is a survey. Hence, option D is correct.
What is gathering data?Data collection is the process of gathering and measuring information on variables of interest in a systematic and prescribed manner in order to respond to specific research questions, test hypotheses, and evaluate findings.
The methods usually utilized in TNA to collect data include surveys and interviews. Because each TNA has characteristics that make it more or less effective according on the situation and the parties involved, it is necessary to select which one to utilize.
Data enables businesses to evaluate the efficacy of a certain strategy: Gathering data after implementing solutions to a problem will allow you to determine how well your strategy is functioning and whether it needs to be modified over time.
Thus, option D is correct.
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Andrea is a stock broker. She is a member of a self-regulatory organization. This organization regulates broker deals under the guidance of SEC. Which regulating body is Andrea a part of?
A.
American Institute of Certified Public Accountants (AICPA)
B.
Financial Accounting Foundation (FAF)
C.
Financial Industry Regulatory Authority (FINRA)
D.
Governmental Accounting Standard Board (GASB)
Answer:
For edmentum its C
Explanation:
A federal budget deficit can strain credit markets, forcing the real rate of interest to decrease. True False
Answer:
False
Explanation:
When the federal government has a budget deficit, it needs to borrow money to continue operating. It borrows money from the market, i.e. sells securities. This results in the crowding out effect since the funds used by the federal government cannot be used by private investors to finance private projects. Since the FED competes with private entities for available money, this with cause the real price of money, or the real interest rate, to increase.
The decline in unit costs of a product or service that occurs as the absolute volume of production increases is known as
A. economies of scale.
B. mass customization.
C. specialization.
D. None of the above.
Answer:
A. economies of scale.
Explanation:
The economies of scale is the scale where the company has the advantage of the cost that reaped by the organization in the case when there is an efficient production. It could be accomplished when the level of production or the volume of the production rises by lowering the cost
Therefore as per the given situation, the option A is correct as it fits to the current situation
Hence, the correct option is A.
When estimating demand, price is not the only factor to be considered. Three other elements are emphasized by economists, one of which is____.
Answer:
consumer income
Explanation:
The last of these factors that need to be considered is consumer income. This is a fairly simple one since, whether or not an individual customer/consumer can buy the product that you are offering, depends on whether or not they can afford it. This is all determined by their income. If the consumer population's average income increases then there will be more individuals with extra money that they can go and spend on such products like the one that you are selling. But the opposite can also happen where consumer average income decreases and there is less money for such purchases which means less demand.
Risk-taking and financing activities of channel intermediaries:
a, Is an important basic channel function these days.
b. Have been greatly increased over the last one hundred years.
c. Have been greatly reduced over the last one hundred years.
d. Both A and B
Answer:
c) Have been greatly reduced over the last one hundred years
Explanation:
financing activities which could be explained as the activities that involves
flow of cash when doing a business among business owner and creditors, it includes selling if stock, payment of dividend, paying back of investors and others, however in financial activities, risk taking is very crucial, when taking loan to run a business is a risk taking and other activities that may result in loss. It should be noted that Risk-taking and financing activities of channel intermediaries Have been greatly reduced over the last one hundred years
A farmer is an example of what kind of producer?
A. Builder
O B. Raw-goods producer
C. Manufacturer
D. Service business
Answer:
Option B Raw goods producer
Explanation:
Raw-goods producer is the kind of producer of a farmer. Hence, option B is correct.
What is a Raw-goods producer?A manufacturer of raw materials: Producers of raw goods are a primary source of dependency for most firms since they provide the raw materials required to create the desired final products. for instance, machinery for producing cement. They produce goods that satiate desires in subtle ways.
Producer commodities include things like a warehouse, a factory, or an office building. A service that helps the company generate more of the goods and services in its supply chain is also regarded as a producer good.
An individual who creates and provides goods or services is a producer. Factor inputs, such as labour and capital, are combined by producers to make, or transform, a product.
Thus, option B is correct.
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A polisher costs $10,000 and will cost $20,000 a year to operate and maintain.If the discount rate is 10% and the polisher will last for 5 years,what is the equivalent annual cost of the tool?
A) $17,163.04
B) $22,187.84
C) $22,637.98
D) $19,411.15
Answer: $22637.98
Explanation:
Based on the information given in the question, the equivalent annual cost of the tool will be calculated as:
We first calculate the present value which will be:
= 10000 + 20000/(1+.10) + 20000/(1+.10)^2 + 20000/(1+.10)^3 + 20000/(1+.10)^4 + 20000/(1+.10)^5
= $85815.74
The the equivalent annual cost will be:
= Present Value/PVIFA(10%,5)
= 85815.74/3.7908
= $22637.98
Consider an industry that is made up of nine firms each with a market share (percent of sales) as follows:
a. Firm A: 30%
b. Firm B: 20%
c. Firms C, D, and E: 10% each
d. Firms F, G, H, and J: 5% each
Answer: four-firm concentration ratio
Explanation: hope this helps ;)
Broad, Inc. had a beginning inventory of $50,000 and an ending inventory of $80,000. Its Cost of Goods Sold for the year was $970,000. What was the amount of purchases that it made for the year?
A. $940,000
B. $1,000,000
C. $1,050,000
D. $1,060,000
Answer:B. $1,000,000
Explanation :
Given that
beginning inventory = $50,000
Cost of Goods Sold =$970,000.
ending inventory = $80,000.
Using the formula below to find the amount of purchases , we have that
Cost of Goods Sold = Beginning Inventory + Purchases During the Period – Ending Inventory
$970,000 =$50,000+Purchases During the Period -$80,000
Purchases During the Period =$970,000 -$50,000 +$80,000
Amount of Purchases During the Period for Broad, Inc. = $ 1,000,000
Which of the following would provide you with information about the health of the U.S. economy: *
Answer:
this makes no sence!
Explanation:
Suppose that an MTV, American Cable Channel, open and operates a recording studio in Hungary. This is an example of:________
a. foreign direct investment.
b. foreign indirect investment.
c. foreign portfolio investment.
d. financial intermediary investment
Monica wants to sell her share of an investment to Barney for $150,000 in 6 years. If money is worth 6% compounded semiannually, what would Monica accept today?
Answer:
PV= $105,206.99
Explanation:
Giving the following information:
Future Value (FV)= $150,000
Number of periods= 6*2= 12 semesters
Interest rate= 0.06/2= 0.03
To calculate the present value (PV), we need to use the following formula:
PV= FV/(1+i)^n
PV= 150,000 / (1.03^12)
PV= $105,206.99
The weighted-average cost method is used by Jose, Inc. Sales are $240,000, the number of units available for sale is 100, the number of units sold during the period is 75, and the weighted-average cost of the goods available for sale is $600 each. How much is gross profit for the company?a. $195,000 b. $ 60,000 c. $ 30,000 d. $ 45,000
Answer:
Gross profit= $195,000
Explanation:
Giving the following information:
Sales= $240,000
Number of units sold= 75
Weighted-average cost= $600 each.
To calculate the gross profit, we need to use the following formula:
Gross profit= sales - COGS
Gross profit= 240,000 - 75*600
Gross profit= $195,000
You are valuing an investment that will pay you $28,000 per year for the first 4 years, $43,000 per year for the next 12 years, $69,000 per year the next 16 years, and $61,000 per year for the following 13 years (all payments are at the end of each year). If the appropriate annual discount rate is 12.00%, what is the value of the investment to you today?a. $2,810,830.00.
b. $267,008.25.
c. $2,525,000.00.
d. $1,580,298.95.
e. $343,242.38.
Answer:
The value of the investment to you today is $441,751.52.
Note: The correct answer is is $441,751.52 but this is not included in the option. Kindly confirm the correct answer again from your teacher.
Explanation:
This can be determined using the following 5 steps:
Step 1. Calculation of today's of $28,000 per year for the first 4 years
This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:
PV28,000 = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)
Where;
PV28000 = Present value or today's value of of $28,000 per year for the first 4 years = ?
P = Annual payment = $28,000
r = Annual discount return rate = 12%, or 0.12
n = number of years = 4
Substitute the values into equation (1) to have:
PV28,000 = $28,000 * ((1 - (1 / (1 + 0.12))^4) / 0.12)
PV28,000 = $85,045.78
Step 2. Calculation of today's of $43,000 per year for the next 12 years
Present value at year 4 can first be calculated using the formula for calculating the present value of an ordinary annuity as follows:
PV after 4 = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (2)
Where;
PV at 4 = Present value at year 4 = ?
P = Annual payment = $43,000
r = Annual discount return rate = 12%, or 0.12
n = number of years = 12
Substitute the values into equation (2) to have:
PV at 4 = $43,000 * ((1 - (1 / (1 + 0.12))^12) / 0.12)
PV at 4 = $266,358.09
Therefore, we have:
PV43000 = PV at 4 / (1 + r)^n .............................. (3)
Where;
PV43000 = Present value or today's value of of $43,000 per year for the first 12 years = ?
PV at 4 = $266,358.09
r = Annual discount return rate = 12%, or 0.12
n = number of years = 4
Substitute the values into equation (3) to have:
PV43000 = $266,358.09 / (1 + 0.12)^4
PV43000 = $169,275.38
Step 3. Calculation of today's of $69,000 per year for the next 16 years
Present value at year 12 can first be calculated using the formula for calculating the present value of an ordinary annuity as follows:
PV after 12 = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (4)
Where;
PV at 12 = Present value at year 12 = ?
P = Annual payment = $69,000
r = Annual discount return rate = 12%, or 0.12
n = number of years = 16
Substitute the values into equation (4) to have:
PV at 12 = $69,000 * ((1 - (1 / (1 + 0.12))^16) / 0.12)
PV at 12 = $481,205.04
Therefore, we have:
PV69000 = PV at 12 / (1 + r)^n .............................. (5)
Where;
PV69000 = Present value or today's value of of $69,000 per year for the first 16 years = ?
PV at 12 = $481,205.04
r = Annual discount return rate = 12%, or 0.12
n = number of years = 12
Substitute the values into equation (5) to have:
PV69000 = $481,205.04 / (1 + 0.12)^12
PV69000 = $123,513.35
Step 4. Calculation of today's of $61,000 per year for the next 13 years
Present value at year 16 can first be calculated using the formula for calculating the present value of an ordinary annuity as follows:
PV after 16 = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (6)
Where;
PV at 16 = Present value at year 16 = ?
P = Annual payment = $61,000
r = Annual discount return rate = 12%, or 0.12
n = number of years = 13
Substitute the values into equation (6) to have:
PV at 16 = $61,000 * ((1 - (1 / (1 + 0.12))^13) / 0.12)
PV at 16 = $391,836.45
Therefore, we have:
PV61000 = PV at 16 / (1 + r)^n .............................. (7)
Where;
PV61000 = Present value or today's value of of $61,000 per year for the first 13 years = ?
PV at 16 = $391,836.45
r = Annual discount return rate = 12%, or 0.12
n = number of years = 16
Substitute the values into equation (7) to have:
PV69000 = $391,836.45 / (1 + 0.12)^16
PV69000 = $63,917.01
Step 5. Calculation of the value of the investment to you today
This can be calculated by adding the values above:
PV = PV28,000 + PV43000 + PV69000 + PV69000 = $85,045.78 + $169,275.38 + $123,513.35 + $63,917.01 = $441,751.52
Therefore, the value of the investment to you today is $441,751.52.
Nearly half of all marriages in the United States end in divorce. Briefly describe how sociologists might view this situation from the structural-functional approach, the social-conflict approach, and the symbolic-interaction approach. Also indicate whether each approach takes a macro-level orientation or a micro-level orientation
Answer:
they could first find why they are fighting why they want to divorce and go from there its not that descriptive but if it was it would be macro level
Explanation:
The structural-functional approach views divorce as a breakdown of the social institution of marriage, which serves important functions in society, such as reproducing and socializing children.
The social-conflict approach sees divorce as a result of power struggles between men and women, highlighting how gender inequality and economic disparities contribute to divorce rates. This approach takes a macro-level orientation.
Lastly, the symbolic-interaction approach focuses on how individuals make sense of divorce and how it affects their daily interactions and sense of self. This approach takes a micro-level orientation. Understanding divorce through these different sociological perspectives can shed light on the various factors contributing to the high divorce rates in the United States.
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Keidis Industries will pay a dividend of $2.85, $3.95, and $5.15 per share for each of the next three years, respectively. In four years, you believe that the company will be acquired for $46.00 per share. The return on similar stocks is 9.5 percent. What is the current stock price? a) $54.72 b) $45.64 c) $42.38 d) $41.82 e) $47.81
Answer:
Present value = $41.8160 rounded off to $41.82
Explanation:
Using the dividend discount model, we calculate the price of the stock today. It values the stock based on the present value of the expected future dividends from the stock. To calculate the present value of the next four dividends, we will use the following formula,
Present value = D1 / (1+r) + D2 / (1+r)^2 + D3 / (1+r)^3 + P4 / (1+r)^4
Where,
r is the required rate of return
Present value = 2.85 / (1+0.095) + 3.95 / (1+0.095)^2 +
5.15 / (1+0.095)^3 + 46 / (1+0.095)^4
Present value = $41.8160 rounded off to $41.82
Identify the most compelling benefits unique to social networking sites like LinkedIn from a sales representative's perspective
A. Individuals from prospect companies will voluntarily provide information about their roles and affiliations
B. Prospect companies will post press releases announcing their quarterly financial results
C. Sales reps can engage with decision makers in a non-selling environment to develop relationships and trust
D. Sales reps can Tweet the "deal of the day" to their followers to boost commissions with quick sales
E. Sales reps can reach out to individuals in prospect companies and offer them social network discounts from standard product pricing
Answer:
The most compelling benefits that is unique to social networking sites like LinkedIn from a sales representative's perspective is:
C. Sales reps can engage with decision makers in a non-selling environment to develop relationships and trust.
Explanation:
Such relationships can be carried forward to reach business deals that could not have been possible otherwise. This is because social networking sites likes LinkedIn provide platforms for some informal interactions. If a sales representative engages a decision maker in a non-selling environment, they can usually develop lasting trust and relationships that will ease business transactions. The social network platform has provided the two individuals the opportunity to meet before the business deals, thereby smoothening their relationships.