Which best describes the role that government and business play in investments?
O They both use taxes to support a country's growth.
They both invest money to earn a profit.
They both receive capital to use for growth.
They both act as angel investors for start-ups.

Answers

Answer 1

Answer:

They both receive capital to use for growth.

Explanation:

The government received the capital in the form of tax that being paid by the citizens. After collecting the tax income, the government allocated it to make a couple of investments such as building the country's infrastructure, providing aid for people to pursue education, and investing in scientific research/development.

Business on the other hand could receive their capital from either reallocating their profit or receiving capital injection from the investors. They use the capital for growth by reinvesting it to increase the scope of their business operation or putting it under investment accounts.

Answer 2

Statement that best describes the role that government and business play in investments is They both receive capital to use for growth

What is an investment?

Investment can be regarded as the input that is been put into some business in order to generate revenue.

however, this also applies to the government because they use the public funds as investment for the betterment of the economy and the public.

Learn more about investments at;

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Related Questions

As of June 30, Year 1, the bank statement showed an ending balance of $17,616. The unadjusted Cash account balance was $16,893. The following information is available: 1. Deposit in transit, $2,785. 2. Credit memo in bank statement for interest earned in June, $10. 3. Outstanding check, $3,504. 4. Debit memo for service charge. $6. Required Determine the true cash balance by preparing a bank reconciliation as of June 30, Year 1, using the preceding information, (Negative amounts should be indicated with minus sign.)
Bank Reconciliation
Unadjusted bank balance 6/30/Year 1
True cash balance 6/30/Year 1
Unadjusted book balance 6/30/Year 1
True cash balance 6/30/Year 1

Answers

Answer:

cash account reconciliation:

cash account balance      $16,893

+ earned interest                     $10

- bank fees                               ($6)

reconciled cash account $16,897

bank account reconciliation:

bank account balance      $17,616

+ deposits in transit           $2,785

- outstanding check         ($3,504)

reconciled bank account $16,897

After the accounts have been reconciled, both must have the same balance. If not, then you must check your answer and recalculate until both match.

What is the main advantage of diversification as an investment policy?
O It offsets the effects of inflation on investments.
O It reduces risk to investors.
O It guarantees a fixed rate of return on an investment.
O It increases investors' access to their money.

Answers

Answer:

I think the best answer would be the second one or B. It reduces risk to investors. Can I get brainliest

Answer:

B is the answer.

Explanation:

Assume that your father is now 50 years old, plans to retire in 10 years, and expects to live for 25 years after he retires - that is, until age 85. He wants his first retirement payment to have the same purchasing power at the time he retires as $55,000 has today. He wants all his subsequent retirement payments to be equal to his first retirement payment. (Do not let the retirement payments grow with inflation: Your father realizes that if inflation occurs the real value of his retirement income will decline year by year after he retires). His retirement income will begin the day he retires, 10 years from today, and he will then receive 24 additional annual payments. Inflation is expected to be 3% per year from today forward. He currently has $100,000 saved and expects to earn a return on his savings of 4% per year with annual compounding.

Required:
To the nearest dollar, how much must he save during each of the next 10 years (with equal deposits being made at the end of each year, beginning a year from today) to meet his retirement goal? (Note: Neither the amount he saves nor the amount he withdraws upon retirement is a growing annuity.) Do not round intermediate steps.

Answers

Answer:

$87,696

Explanation:

your father wants to get the same distribution during the whole 25 years that he is retired, but we must first determine the initial adjusted to inflation. The $55,000 that he currently earns will be equivalent to $55,000 x (1 + 3%)¹⁰ = $73,915.40 in 10 years.

Since your father wants to start collecting the distributions immediately after he retires, this is an annuity due. Using the present value of an annuity due formula, we can determine the money that he will need to have in 10 years.

PV = annual distribution x annuity factor

annual distribution = $73,915.40PV annuity due factor, 25 periods, 4% = 16.24696

PV = $73,915.40 x 16.24696 = $1,200,900.55

That PV now becomes our future value that must be saved.

Since your father already has $100,000 in his account, that will turn into $100,000 x (1 + 4%)¹⁰ = $148,024.43

This means that he is $1,200,900.55 - $148,024.43 = $1,052,876.12 short.

Using the future value of an ordinary annuity formula, we can determine his annual contribution:

annual contribution = FV / annuity factor

FV = $1,052,876.12

FV annuity factor, 4%, 10 periods = 12.006

annual contribution = $1,052,876.12 / 12.006 = $87,695.83 ≈ $87,696

On January 1, 2020 Herald acquires 100% of Tribune and will operate Tribune as a wholly owned subsidiary. Herald's purchase price was less than the fair value of the net assets of Tribune. How is this handled

Answers

Answer:

When the purchase price is lower than the fair market value, accountants generally refer to this as negative goodwill. All negative goodwill must be reported as a gain.  

Another way to refer to this type of situation is a bargain purchase (lower price than FMV).

Ming borrows X for 10 years at an annual effective interest rate of 8%. If he pays the principal and accumulated interest in one lump sum at the end of 10 years, he would pay 468.05 more in interest than if he repaid the loan with 10 level payments at the end of each year. Calculate X.

Answers

Answer:

X = $700

Explanation:

the future value of X = X · (1 + 8%)¹⁰ = 2.158925X

X = annual payment · 6.7101 (PV annuity factor, 8%, 10 periods)

annual payment = X / 6.7101

2.158925X = 10 annual payments + 468.05

2.158925X = 10X/6.7101 + 468.05

2.158925X = 1.490291X + 468.05

0.668634X = 468.05

X = 468.05 / 0.668634 = $700

if you payback the loan in one lump sum at the end of 10 years, you will pay = $700 x 2.158925 = $1,511.25

or you could make 10 annual payments = $700 / 6.7101 = $104.32, in total you would pay $1,043.20

the difference between both = $1,511.25 - $1,043.20 = $468.05

Major improvements in computer information technology in the 1990s fueled an increase in investment demand in the United States (a large open economy). Graphically illustrate the effect of an increase of U.S. investment using the Large Open Economy Model. Clearly label the axes and curves in each of your graphs in the model. Clearly indicate the direction of any shifts in the curves.

Answers

Answer and Explanation:

Please find attached

provide an example of two companies that have built an effective co-operation.briefly explain the relationship of it g

Answers

Answer:

An example of two companies that have built an effective co-operation is discussed below in details.

Explanation:

Louis Vuitton & BMW

Co-operation Operations: The Art of Travel

Designer Louis Vuitton and Carmaker BMW may not be the usual simple pairings. But if you believe about it, they have some significant things in general. If you concentrate on Louis Vuitton's trademark baggage lines, they're both in the industry of journey. They both value leisure. And finally, they're both well-known, fabulous brands that are recognized for high-quality craftsmanship.

Tom Cruise Lines Inc. issued bonds five years ago at $1,000 per bond. These bonds had a 20-year life when issued and the annual interest payment was then 13 percent. This return was in line with the required returns by bondholders at that point as described below:
Real rate of return 4 %
Inflation premium 5
Risk premium 4
Total return 13 %
Assume that five years later the inflation premium is only 3 percent and is appropriately reflected in the required return (or yield to maturity) of the bonds. The bonds have 15 years remaining until maturity. Use Appendix B and Appendix D.

Answers

Answer:

$1,161.23

since the coupon rate is higher than the market rate, the bonds will be priced at a premium

Explanation:

In order to calculate the current market price of the bonds we can use the yield to maturity formula:

YTM = {coupon + [(face value - market value)/n]} / [(face value + market value)/2]

YTM = 11%n = 15 yearscoupon = $130face value = $1,000

0.11 = {130 + [(1,000 - market value)/15]} / [1,000 + market value)/2]

0.11 x [1,000 + market value)/2] = 130 + [(1,000 - market value)/15]

0.11 x (500 + 0.5M) = 130 + 66.67 - 0.067M

55 + 0.055M = 196.67 - 0.067M

0.122M = 141.67

M = 141.67 / 0.122 = $1,161.23

At the local banking institution the branch manager doubles as the IT "go-to" by handling printer setups, resettingLAN passwords, and periodically monitoring the branch’s server health. Last week she noted that a handful of herbranch’s customers complained about suspicious activity in their checking accounts. She knew that the main branchwould handle it and repair any fraudulent charges. She also knew better than to bother the main branch with these customer complaints because the main branch is always ahead of things like this and quickly reminds her that they seewhat she does. Her only response, therefore, was to assure her customers that their accounts would be repaired withinten business days.The most likely law or regulation that becomes an issue upon her discovery i:__________.
a. The Gramm-Leach-Bliley Act’s Safeguards Rule
b. The Good Samaritan Law
c. Section 404 of the Sarbanes-Oxley Act
d. The FTC’s Red Flags Rule

Answers

Answer: d. The FTC’s Red Flags Rule

Explanation:

The Federal Trade Commission has a Red Flags Rules that requires that financial institutions like Banks should implement a program that is capable of flagging instances of suspicious activity that could point to identity theft in the covered accounts that it holds.

This bank's customers are seeing some suspicious activity in their checking accounts which could point to a case of identity theft. The Red Flags rule could therefore be the most relevant rule to the manager's discovery.

On May 31, the Cash account of Teasel had a normal balance of $5,700. During May, the account was debited for a total of $12,900 and credited for a total of $12,200. What was the balance in the Cash account at the beginning of May

Answers

Answer:

$6,400

Explanation:

Cash Account

Debit :

Beginning Balance                              $5,700

Receipts                                              $12,900

Totals                                                  $18,600

Credit :

Payments                                           $12,200

Ending Balance (Balancing figure)    $6,400

Totals                                                 $18,600

What part of your social media strategy is working against your goals?

Answers

What are you try to ask

Consider a simple example economy where there are two goods, coconuts and restaurant meals (coconut-based). There are two firms. A coconut producer collects and sells 10 million coconuts at $2.00 each. The firm pays $5 million in wages, $0.5 million in interest on an old loan, and $1.5 million in taxes to the government. We also know that 4 million coconuts are sold to the public for consumption, and 6 million coconuts are sold to the restaurant firm, which uses them to prepare meals. The restaurant sells $30 million in meals. The restaurant pays $4 million in wages and the government $3 million in taxes. The government supplies security and accounting services and employs only labor, and government workers are paid $5.5 million, collected in taxed by the government. Finally, consumers pay $1 million in taxes to the government in addition to the taxes paid by the two firms.

Required:
a. Compute GDP for this simple economy using the product approach.
b. Compute GDP for this simple economy using the expenditure approach.
c. Compute GDP for this simple economy using the income approach.

Answers

Answer:

1) GDP using product Approach ; Market value of all goods and services produced

= Coconut + Restaurant meal

= 10 million*$2 + ($30 million - $6 million*$2) as 6 million coconuts are sold to restaurant as raw materials so to avoid double counting.

= $20 million + $30 million - $12 million

= $38 million

2) Expenditure Approach : Consumption + Investment + Government Expenditure + Net Exports  

= $4 million * $2 + $30 million + $5.5 million

= $8 million + $30 million + $5.5 million

= $43.5 million

3) Income Approach : Wages + Rent + Interest + Profit

= $5 million + $0.5 million + $1.5 million +$3 million + $4 million + $1 million

= $15 million

BENEFITS OF COPORATE GOVERNANCE

Answers

Explanation:

Reducing the cost of capital. In today’s volatile environment, the implementation of good governance practices can lead to a reduction in a company’s cost of capital. An organisation that is seen to be stable, reliable and able to mitigate potential risks will be able to borrow funds at a lower rate than those with weak corporate governance. Companies with debt or equity investors may find that their investors pay a premium to work with a company that has a sound governance framework.

Improving top-level decision-making. There is a strong and demonstrable link between an organisation’s governance and rapid decision-making associated with improved performance, explains the Corporate Governance Institute in a recent report. Moreover, a number of performance failures have been directly linked to poor governance. There is no doubt that good governance assures rapid access to information and the good communication among stakeholders that leads to better results. Good governance also enables rapid and accurate prioritising of actions. This can prove invaluable in enabling the organisation to weather tough economic storms and supports the organisation’s sustainability

There are 3 factories on the Momiss River. Each emits 2 types of pollutants, labeled P1 and P2, into the river. If the waste from each factory is processed, the pollution in the river can be reduced. It costs $1500 to process a ton of factory 1 waste, and each ton processed reduces the amount of P1 by 0.10 ton and the amount of P2 by 0.45 ton. It costs $1000 to process a ton of factory 2 waste, and each ton processed reduces the amount of P1 by 0.20 ton and the amount of P2 by 0.25 ton. It costs $2000 to process a ton of factory 3 waste, and each ton processed reduces the amount of P1 by 0.40 ton and the amount of P2 by 0.30 ton. The state wants to reduce the amount of P1 in the river by at least 30 tons and the amount of P2 by at least 40 tons.

Required:
Formulate an LP that will minimize the cost of reducing pollution by the desired amounts. Do you think that the LP assumptions (Proportionality, Additivity, Divisibility, and Certainty) are reasonable for this problem?

Answers

Answer:

Kindly check explanation

Explanation:

Using table for our evaluation :

____________POLLUTANT

Factories___P1 ______P2 ____COST

__1_______0.1______ 0.45 ___ 1500

__2______ 0.2 _____ 0.25 ____1000

__3 ______0.40 ____ 0.30 ____2000

_________ ≥ 30 ____ ≥ 40 _____ z

Let amount of waste produced by Factories 1, 2 and 3 equal f1, f2 and f3 respectively.

Linear Program that will minimize the cost of reducing pollution by the desired amounts

Min cost:

min z = 1500f1 + 1000f2 + 2000f3

0.1f1 + 0.2f2 + 0.4f3 ≥ 30

0.45f1 + 0.25f2 + 0.3f3 ≥ 40

f1, f2, f3 ≥ 0

The Belmont principle of beneficence requires that:

Answers

Answer:

The Belmont principle of beneficence requires that both protecting individual subject against risk of harm and consideration of not only the benefits for the individual,but also the societal benefits that might be gained from the research.

how does the IoT and Big Data currently play into your job, your organization and the industry? Are these two things connected and if so, how?

Answers

Explanation:

The term IoT is an acronym for 'Internet of Things' which refers to a modern technology that allows certain physical objects or “things” as we may call it to connect to the internet.

While Big Data refers not just to large data, but to an innovative field of technology that specializes in analyzing very large (big) data sets.

Consider the education industry, by means of IoT, it is possible for school management to effectively track their student's academic progress in real-time.

IoT and Big Data connected in the sense that, as these physical things (objects) communicate over the internet, a mass amount of data ("Big Data") is been generated which could then be analyzed using specialized software. In other words, they are mutually beneficial.

Match the below mention description with given terms. If there is no match then write "No match"

a. This is the worth of the leased asset after the lease period expires.
b. This is a partial refund offered to attract the buyer to purchase the vehicle.
c. This is the price of an asset being leased as specified in the lease agreement, which includes the negotiated cost of the vehicle and any applicable fees and taxes.
d. This is the advertised retail price listed on a particular vehicle for sale.
e. This is a contract which allows the lessee (consumer) to use the asset, such as car, land, services etc., in return for a specific amount paid periodically.

1. Rebate
2. Purchase option
3. Lease
4. Depreciation
5. Closed-end lease

Answers

Answer:

1. No match.

2. Rebate.

3. No match.

4. No match.

5. Lease.

Explanation:

1. No match: This is the worth of the leased asset after the lease period expires.

The worth of the leased asset after the lease period expires is known as Residual value.

2. Rebate: This is a partial refund offered to attract the buyer to purchase the vehicle.

3. No match: This is the price of an asset being leased as specified in the lease agreement, which includes the negotiated cost of the vehicle and any applicable fees and taxes.

Capitalized cost refers to the price of an asset being leased as specified in the lease agreement, which includes the negotiated cost of the vehicle and any applicable fees and taxes.

4. No match: This is the advertised retail price listed on a particular vehicle for sale.

Sticker price is the advertised retail price listed on a particular vehicle for sale.

5. Lease: This is a contract which allows the lessee (consumer) to use the asset, such as car, land, services etc., in return for a specific amount paid periodically.

A small nation of 10 people idolizes the TV show The Voice. All they produce and consume are karaoke machines and CDs, in the following amounts:

Karaoke Machines CDs
Quantity Price(Dollars) Quantity Price (Dollars)
2020 20 50 60 5
2021 21 70 80 6

Using a method similar to that used to calculate the consumer price index, the percentage change in the overall price level is_____________ . (Note: Use 2020 as the base year, and fix the basket at 2 karaoke machines and 6 CDs.) Using a method similar to that used to calculate the GDP deflator, the percentage change of the overall price level is_____________ . (Note: Again, use 2020 as the base year.) Which of the following statements is correct? Check all that apply.

a. The inflation rate in 2021 is not the same using the two methods.
b. The CPI allows the basket of goods and services to change.
c. The GDP deflator holds the basket of goods and services constant.

Answers

Answer:

The inflation rate is different using the two methods as the rate of inflation calculated by the CPI holds basket of goods and services constant while the GDP deflator allows it to change.

Explanation:

i. Value of market basket of the good in 2020 = ($50*2) + ($5*6) = $130  

Value of market basket of the good in 2021 = ($70*2) + ($6*6) = $176

CPI in 2020 = ($130 / $130) * 100 = 100

CPI in 2021 = ($176 / $130) * 100 = 135.38  

Thus, The percentage change in overall price level is = [(135.38 - 100) / 100) * 100 = 35.38%

ii. Nominal GDP in 2020 = ($50 * 20) + ($5 * 60) = $1300

Nominal GDP in 2021 = ($70 * 21) + ($6 * 80) = $1950

Real GDP in 2020 = ($50 * 20) + ($5 * 60) = $1300

Real GDP in 2021 = ($50 * 21) + ($5 * 80) = $1450

GDP deflator in 2020 = (Nominal GDP in 2107 / Nominal GDP in 2107) * 100 = ($1300 / $1300) * 100 = 100

GDP deflator in 2021 = (Nominal GDP in 2108 / Nominal GDP in 2108) * 100 = ($1950 / $1450) * 100 = 134.48

Thus, the percentage change in overall price level is = [(134.48 - 100) / 100) * 100 = 34.48%

Prepare an answer sheet with the column headings that follow. For each of the following transactions or adjustments, indicate the effect of the transaction or adjustment on assets, liabilities, and net income by entering for each account affected the account name and amount and indicating whether it is an addition (+) or a subtraction (-). Transaction a has been done as an illustration. Net income is not affected by every transaction. In some cases, only one column may be affected because all of the specific accounts affected by the transaction are included in that category.
Assest Liaabilities Net income

a. Recorded $200 Accumulated Depreciation

of depreciation Depreciation Expense

expense. -200 -200

a. Recorded $200 of depreciation expense.
b. Sold land that had originally cost $9,000 for $12,000 in cash.
c. Acquired a new machine under a financing lease.
d. The present value of future lease payments, discounted at 11%, was $11,000. Recorded the first annual payment of $2,500 for the leased machine (in part c).
e. Recorded a $6,600 payment for the cost of developing and registering a trademark. Recognized periodic amortization for the trademark (in part e) using a 40-year useful life. Sold used production equipment for $16,000 in cash.
f. The equipment originally cost $44,000, and the accumulated depreciation account has an unadjusted balance of $23,400.
g. It was determined that a $1,300 year-to-date depreciation entry must be recorded before the sale transaction can be recorded. Record the adjustment and the sale.

Answers

Answer:

             Accounts                Assets                           Liabilities     Net income

a. Depreciation Expense    -$200                                                  -$200

b. Land    / Cash                -$9,000 + $12,000                              + $3,000

c.   Equipment/Lease Liability +$11,000                 +$11,000

d.  Cash /Lease Liability         -$2,500                   -$2,500

e. Cash /Trademark             -$6,600 + $6,600

  Amortization Expense                                                                   -$165

f. & g. Cash /Equipment +$16,000 -$19,300                                -$3,300

                         

Explanation:

b. The land was sold with a gain of $3,000 ($12,000 - 9,000)

e. The trademark's amortization expense = $6,600/40 = $165 per year.

f and g. The Accounts involved are:

1. Cash +$16,000 for the sale.

2. Equipment has a debit balance of $44,000 and a credit balance of $23,400 plus Depreciation expense of $1,300.  These give a net balance of $19,300.  The equipment was sold for $16,000, recording a loss of $3,300.

3. Loss from sale of equipment = $3,300 as determined above.

The city of Ashkelon, on the eastern end of the Mediterranean Sea, is one of the major cities of the Philistines. A powerful merchant family (known henceforth as The Family) of this city has to decide how to allocate its vast but finite resources to further their own wealth and the glory and influence of their state. Some trade routes use camel caravans and go to the southern deserts, where they may trade in salt and gold with the great inland African nations; others may go north and west, oversea by galley, toward the Greeks; others may push their foul-mouthed, humped mounts east, overland toward Sumeria, to trade in spices and the crafted goods specific to that region. Some of the routes are over more arduous terrain than others, so make take longer to pay off (no revenue is realized by The Family until the caravan returns to Ashkelon). The financial costs and returns of each route are as follows (in Phils, the currency of the Philistines:
Route Costs,Period 0 Revenue, Period1 Revenue, Period 2 Revenue, Period 3
African Route - 75,000 215,000
Greek Route - 50,000 140,000
Sumerian Route -125,000 385,000
Costs are incurred at the end of year zero, and revenues accrue at the end of Periods 1, 2, and 3, for each respective route (for instance, the African caravan returns at the end of period two, at which time its revenue is realized). The discount rate for the shipping company is 5%.
a. Calculate the NPV, B/C ratio, Payback period, and IRR for each route option
b. Rank the route options according to NPV, B/C ratio, Payback period, and IRR
c. If the company had unlimited funds, which trade routes would you recommend the family pursue? Why? Be sure to consider all combinations of routes, including multiple caravans on the same trade route
d. Given that the family can only invest 150,000 Phils, which combination of trade routes would you recommend pursuing? Why?

Answers

Answer:

African Route costs = -75,000, period 1 revenues = 215,000

Greek Route costs = -50,000, period 2 revenues = 140,000

Sumerian Route costs = -125,000, period 3 revenues = 385,000

discount rate = 5%

a) African route:

NPV = -75,000 + 215,000/1.05 = 129,762

B/C ratio = 215/75 = 2.87

Payback = 1 period

IRR = 187%

Greek route:

NPV = -50,000 + 140,000/1.05² = 76,984

B/C ratio = 140/50 = 2.8

Payback = 2 periods

IRR = 67%

Sumerian route

NPV = -125,000 + 385,000/1.05³ = 332,577

B/C ratio = 385/125 = 3.08

Payback = 3 periods

IRR = 45%

b) rank according to:

NPV = Sumerian route, African route, Greek route

B/C ratio = Sumerian route, African route, Greek route

Payback = African route, Greek route, Sumerian route

IRR = African route, Greek route, Sumerian route

c) if the family had unlimited resources, they should invest in the 3 routes since all their NPVs are positive.

d) African and Greek routes since they yield the highest gains (IRR).

Analyzing Unearned Revenue Disclosures
The following disclosures (excerpted) are from the August 28, 2016, annual report of Costco Wholesale Corporation.
Revenue Recognition: We generally recognize sales, net of estimated returns, at the time the member takes possession of merchandise or receives services. When we collect payment from customers prior to the transfer of ownership of merchandise or the performance of services, the amount recieved is generally recorded as deferred revenue on the consolidated balance sheets until the sales or service is completed. Membership fee revenue represents annual membership fees paid by our memberships. We account for membership fee revenue, net of estimated refunds, on a deferred basis, whereby revenue is recognized ratably over the one-year membership period.
Revenue
($ millions) August 28, 2016 August 30, 2015 August 31, 2014
Net Sales $116,073 $113,666 $110,212
Membership fees 2,646 2,533 2,428
Total revenue $118,719 $116,199 $112,640
Current Liabilities ($ millions) August 28, 2016 August 30, 2015
Accounts payable $7,612 $9,011
Current portion of long-term debt 1,100 1,283
Accrued salaries and benefits 2,629 2,468
Accured member rewards 869 813
Deferred membership fees 1,362 1,269
Other current liabilities 2,003 1,695
Total current liabilities $15,575 $16,539
(a) Which of the following statements best explains in layman terms how Costco accounts for the cash received for its membership fees?
Because Costco does not know how many of its members will continue to the end of the year, cash received from members is recorded as a liability and recognized as revenue only at year-end.
When it receives cash, the company records it as a current liability. Then, it recognizes revenue evenly over the year.
The company records revenue when the cash is received.
Because Costco has a refund policy, the company records revenue when the cash is received, less an allowance for expected membership terminations.
Mark 1.00 out of 1.00
(b) Use the balance sheet information on Costco's Deferred Membership Fees liability account and its income statement revenues related to Membership Fees earned during 2016 to compute the cash that Costco received during 2016 for membership fees.
Total cash received (in $ millions) = $Answer
(c) Use the financial statement effects template to show the effect of the cash Costco received during 2016 for membership fees and the recognition of membership fees revenue for 2016.
Use negative signs with answers, when appropriate.
Balance Sheet
Transaction ($ millions)
Cash Asset + Noncash Assets = Liabilities + Contributed Capital + Earned Capital
Receive cash in advance for membership fees Answer Answer Answer Answer Answer
Recognized membership fees earned Answer Answer Answer Answer Answer
Income Statement
Revenue - Expenses = Net Income
Answer Answer Answer
Answer Answer Answer
Feedback
You have correctly selected 15.
Partially correct
Marks for this submission: 15.00/18.00.

Answers

oh god its too long!!

Cari created a list of ways to reduce her spending. Which activity should she omit from her list? Choose the correct answer below. use less expensive places for services such as haircuts wear items of clothing for an extra season buy store brands instead of name brands for food and other items rely on friends to treat me when I am out of money

Answers

Answer:

b

Explanation:

Snoblo, a manufacturer of snowblowers, sells four models. The base model, Reguplo, has demand that is normally distributed, with a mean of 10,000 and a stand deviation of 1,000. The three other models have additional features, and each has demand that is normally distributed, with a mean of 1,000 and a standard deviation of 700. Currently all four models are manufactured on the same line at a cost of $100 for Reguplo and $110 for each of the other three models. Reguplo sells for $200, whereas each of the other three models sells for $220. Any unsold blowers are sold at the end of the season for $80. Snoblo is considering the use of tailored sourcing by setting up two separate lines, one for Reguplo and one for the other three. Given that no changeovers will be required on the Reguplo line, the production cost of Reguplo is expected to decline to $90. The production cost of the other three products, however, will now increase to $120.

Required:
a. How will tailored sourcing affect the production and profits?
b. Is tailored sourcing more profitable for Snoblo? Why?

Answers

Answer:

Total profits Current Sourcing [One Line] $1,214,280

Total profits Tailored Sourcing [Two Lines] $1,281,670

Explanation:

Particulars  Current Sourcing One line : Reguplo ; Other models

Anticipated demand 10,000 ; 1,000

Standard Deviation 1,000 ; 700

Unit Cost $100 , $110

Sales price $200 , $220

Disposal Value $80 , $80

Salvage Value $80 ; $80

Cost of under stock $100 ; $110

Cost of overstock $20 ; $30

Optimal cycle service level 0.8333 ; 0.7857

Optimal production size 10,967 ; 1,554

Expected profits $970,018 ; $81,421

Total profits $1214,280

Particulars  Tailored Sourcing Two line : Reguplo ; Other models

Anticipated demand 10,000 ; 1,000

Standard Deviation 1,000 ; 700

Unit Cost $90 , $120

Sales price $200 , $220

Disposal Value $80 , $80

Salvage Value $80 ; $80

Cost of under stock $110 ; $100

Cost of overstock $10 ; $40

Optimal cycle service level 0.9167 ; 0.7143

Optimal production size 11,383 ; 1,396

Expected profits $1,081,602 ; $66,689

Total profits $1,281,670

On January 1, 2021, Jasperse Corporation leased equipment under a finance lease designed to earn the lessor a 10% rate of return for providing long-term financing. The lease agreement specified ten annual payments of $90,000 beginning January 1, and each December 31 thereafter through 2029. A 10-year service agreement was scheduled to provide maintenance of the equipment as required for a fee of $5,000 per year. Insurance premiums of $4,000 annually are related to the equipment. Both amounts were to be paid by the lessor and lease payments reflect both expenditures (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)
At what amount will Jasperse record a right-of-use asset?
PV factors based on
Table or Calculator function: PVAD of $1
Lease Payment
n = 10
i = 12%
Right-of-use asset

Answers

Answer:

$574,517

Explanation:

Calculation for the amount that Jasperse will record a right-of-use asset

Annual payments = $90,000

Annual maintenance = $5,000 per year

Rate of interest = 10%

Period, n = 10 years

Right of use asset =(90,000 – 5,000) x PVAD, 10%, 10

Right of use asset= 85,000 ×6.75902

Right of use asset= $574,517

Therefore Right-of-use asset will be $574,517

In the late 1930s management at Atalanta Industries agreed to hire only those workers who were already members of the Electrical Union. Atlanta agreed to a type of arrangement known as a(n)

Answers

Answer: closed shop

Explanation:

From the question, we are informed that in the late 1930s management at Atalanta Industries agreed to hire only those workers who were already members of the Electrical Union.

It should be noted that here, Atlanta agreed to a type of arrangement known as closed shop. This occurs when the workers have to belong to a particular union before they'll be employed. This was legal in 1930 but it was later declared illegal by Taft Hartley Act.

QUESTION 4 / 10
Which of the following statements is TRUE?
A. Applying for several credit cards in one year can help
increase your credit score.
B. People with low credit scores are usually low-risk
borrowers.
C. The longer you use credit responsibly, the higher your
credit score will be.
D. Paying off your entire credit card balance can lower
your credit score.

Answers

Answer:

C. The longer you use credit responsibly, the higher your

credit score will be.

Explanation:

A credit card allows its user to access a short term loan. Every payment made via a credit card is considered a loan. The loan attracts interest monthly. Defaulting on credit card payments is similar to defaulting on any other loan type.

Responsible use of a credit card entails using it only when necessary. It means making prompt payments to clear monthly bills.

Credit card history is important information when tabulating an individual's credit score.  Anyone who uses their credit card responsibly ends up with a good credit score.

• What are the advantages and disadvantages of owning versus outsourcing for each of these components (staff, computer servers, software licensing, and data storage)?

Answers

Answer:

Explanation below

Explanation:

Outsourcing simply involves the act of contracting our certain business activities and processes to third-party providers.  

Staff

When you outsource your staff, you can be able to save cots and use the freed capital for other things but the disadvantage would certainly be around the issue of confidentiality of business information.  

When you outsource computer servers, software licensing, and data storage, you would gain access to world-class capabilities because the third-party providers would likely provide them to meet their customers.  

There would also be shared risks as part of the benefits. The disadvantages could include loss of control. People who discourage outsourcing of these functions are of the opinion that third-party vendor cannot be able to match the level of responsiveness and levels of services that could be offered by an in-house team

The lowest amount a manufacturer can pay factory workers is an example of

an incentive.
a price floor.
a price ceiling.
an elastic service.

Answers

Answer:

The answer to this question is given below in the explanation section.

Explanation:

The correct answer to this question is the price floor.

The Price floor is the lowest amount that is imposed by the government or group-imposed lowest price limit for a product or service. The government uses the price floor to keep prices at a certain level from going to low. So price floors for workers set by the government that the employer should not pay less than the set amount.

while other options are not correct because::

The price ceiling is the high amount set by the government or the by other groups for a product or service.

An incentive is an amount or something that can be given to employees or someone for motivation or encouraging them to do something.  

An elastic service is given by amazon to develop and run the application with different tools etc.

Answer:price floor

Explanation:

Pitbull Construction Corporation applies IFRS, has equipment that it can reliably measure fair value of, and has chosen to apply the revaluation model to valuing this equipment on its accounting records. The carrying value of this equipment on Pitbull's books at the end of last year, December 31, 20X1, was $200,000. At the end of this year, December 31, 20X2, due to decreased demand for the equipment, especially when resold as used, the fair value is $150,000. For the year 20X2, in relation to this equipment for which Pitbull has chosen to apply the revaluation method, Pitbull must:_________

Answers

Answer and Explanation:

If there is decrease in fair value of an asset as is seen in the example with Pitbull corporation, we decrease asset revaluation reserve in the balance sheet by the value reduced $50000 here to recognise new carrying value of the asset and then debit the expenses of revaluation to the income statement or profit and loss account. If there was an increase in fair value, revaluation would add to retained earnings in balance sheet and income in income statement

n California, any apartment building with this many units must have an onsite manager, who is also known as a residential manager. What is the number of units to which this statement refers? Ten or more. Twelve or more. Sixteen or more. Twenty or more+.

Answers

Answer:

Sixteen or more.

Explanation:

It is mandatory by law in California to have an onsite manager, housekeeper, janitor, or another responsible person reside in a building with more than 16 apartments.  Onsite means the manager or caretaker must be a resident in the building complex. The manager's role is to attend to the tenant's needs and offer protection to their properties. This requirement applies if the landlord is not a resident in the apartment building.

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