Transfer payments are sums given to families that are not received in return for already produced commodities and services.
What is a transfer payment example?Giving assistance or money to someone without expecting them to give anything in return is known as a transfer payment. Benefits like Social Security and welfare are instances of transfer payments.
What constitutes a transfer payment?a payment paid for which no present or future goods or services are needed in exchange. Social Security payouts, unemployment insurance benefits, and welfare payments are examples of government transfers. Taxes are regarded as transfer payments. Social insurance programs, welfare, and corporate subsidies are the three primary categories of transfer payments at the federal level.
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Organizational purpose serves as the basis for an organization's ______.
core values
culture
mission
Organizational purpose serves as the basis for an organization's mission. The mission is a clear and concise statement that defines the reason for the organization's existence, its goals, and the strategies to achieve those goals.
A well-crafted mission statement should be relevant, inspiring, and achievable. It should capture the essence of the organization's purpose and communicate it to all stakeholders, including employees, customers, suppliers, investors, and the community at large.
The mission statement provides a sense of direction and focus for the organization's activities, and it serves as a guidepost for decision-making and resource allocation. In essence, the mission is the "what" of the organization's purpose, while the core values and culture represent the "how" of achieving that purpose.
Therefore, it is essential to have a clear mission that aligns with the organization's purpose to drive its success.
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A major cause of the 2008 economic collapse was Group of answer choices the Contract with America. Bush's expansion of affirmative action programs. the war in Iraq. the collapse of the housing market.
Answer:
the collapse of the housing market.
Explanation:
The cause of the 2008 financial crisis was the deregulation of the financial sector which allowed banks to invest in real estate.
The resulting bubble in real estate prices led to the 2008 financial crisis.
Inflation risk deals with: A) A reduction in purchasing power. B) Changes in interest rates. C) Bad management and/or unsuccessful products. D) Political or social conditions. E) Predictable sources of income.
Inflation risk deals with: A) A reduction in purchasing power.
What is Inflation Risk?Inflation risk occur when the price of products or goods in the market increase.
When their is inflation the purchase power to buy goods and service will tend to reduce as people will not be able to buy enough goods due to high price.
Therefore the correct option is A.
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.The three main types of persuasive business messages are ________.
A. declarations of mandates, statements of change, and arguments for adjustments
B. applications for employment, entreaties for change, and petitions for reconsideration
C. demands for change, appeals for reconsideration, and pleas for action
D. submissions of requests, proposals of changes, and suggestions for new ideas
E. requests for action, presentations of ideas, and claims and adjustment requests
The correct option is E. The three main types of persuasive business messages are: requests for action, presentations of ideas, and claims and adjustment requests. Requests for action are messages that ask the reader to take a specific action, such as buying a product or attending an event.
Presentations of ideas are messages that seek to persuade the reader to accept a particular point of view or idea, such as proposing a new business strategy or marketing campaign.
Claims and adjustment requests are messages that assert a problem or issue and ask for a solution or resolution, such as requesting a refund or making a complaint about a product or service.
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The correct option is E. The three main types of persuasive business messages are: requests for action, presentations of ideas, and claims and adjustment requests. Requests for action are messages that ask the reader to take a specific action, such as buying a product or attending an event.
Presentations of ideas are messages that seek to persuade the reader to accept a particular point of view or idea, such as proposing a new business strategy or marketing campaign. Claims and adjustment requests are messages that assert a problem or issue and ask for a solution or resolution, such as requesting a refund or making a complaint about a product or service.
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The air flowing inside a turbine is classified as a type of flow __
internal
external
open channel
The air flowing inside a turbine is classified as a type of flow Internal.
The air flowing inside a turbine is classified as a type of flow internal. Air flowing inside a turbine is an internal flow because the fluid (air) is completely enclosed by the solid walls of the turbine. The turbine blades are designed to convert the energy of the flowing air into mechanical energy, which can be used to power other machinery.
Internal flow refers to the flow of fluid in a completely enclosed system, such as pipes, channels, or ducts. It is opposed to external flow, which refers to the flow of fluid in open systems, such as over the surface of an airplane wing or through a river channel. The air flowing inside a turbine is completely enclosed by the solid walls of the turbine, so it is an example of internal flow.
Thus, it can be concluded that the air flowing inside a turbine is classified as a type of internal flow.
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Please don't use the answer from other websites or sources!
Explain a difficult professional decision that you made and discuss, with the benefit of hindsight, whether you would decide differently in similar situations in the future.
One difficult professional decision I had involved deciding whether to accept a new project from a client that had a reputation for being difficult to work with.
At the time, I chose to take on the project, thinking that the potential financial gain outweighed the potential difficulties. However, looking back on the experience, I realized that working with a difficult client can be emotionally and mentally draining, which can impact the quality of my work and overall well-being.
In the future, I would prioritize working with clients who value a positive working relationship and are willing to collaborate in a respectful and constructive manner.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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Select the correct answer.
What type of curve results from plotting the market price of a commodity and the quantity required by consumers?
O A downward-sloping curve
O B. upward-sloping curve
OC. supply curve
OD
self-intersecting curve
Answer:
The answer is A
Explanation:
The downward sloping curve is a graphical representation depicting the relationship between a commodity's different price levels and quantities which consumers are willing to buy.
Lilly, Briah, Chloe, and Terry are the directors and equal shareholders of Fantastic Holidayz Pty Ltd, a company that runs an exclusive airline company and operates in several high-rise office buildings in Melbourne. Briah is the Managing Director and Terry is the Chief Financial Officer. Lilly and Chloe are non-executive directors. The Company has adopted a written constitution which contains the following clauses: (36) A directors' meeting may be called by a director giving reasonable notice individually to every other director (37) Quorum for directors' meetings is four directors and the quorum must be always present during the meeting (42) A resolution of the majority of directors may resolve to remove another director of the company. Business is booming, and Fantastic Holidayz has made a great deal of money over the last few years. However, the Board of Directors have rejected Lilly's proposal to declare a dividend for the last 7 years in a row - and she is getting fed up. The other directors always outvote her, arguing that it is better to keep the profits in reserve and continue to expand the business. Terry is currently investigating the possibility of opening further destinations to their itinerary In October 2017 Lilly was overseas for a family funeral and on her return to Melbourne, she discovers that the other directors have met and passed resolutions to remove her as a director of the company. Lilly did not receive any notice of the director's meeting. In another resolution, the remaining directors voted to pay themselves $500,000 in bonuses - equating to the entire year's profit. Lilly is angry that she has been removed and not paid a bonus and comes to you for your professional advice and opinion. Further, Fantastic Holidayz has a longstanding agreement with several travel agencies, and in January 2018, Fantastic's financial accounts showed that one agency owed the company $85,000, and there was no applicable security Recently, Lilly discovered that by June 2018 the debt owing to Fantastic Holidayz had blown out to $200,000. Terry had approved additional credit without the knowledge of the other directors. He did this, even though the agency had been taking a long time to pay its overdue account. Additionally, there are now rumours that are insolvent, but this cannot be proven. REQUIRED: 1. Discuss whether Lilly can bring any action to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses? (5 marks) 2. Advise Lilly about the process and potential outcomes if the travel agency is placed into voluntary administration - and any implications of this on Fantastic Holidayz. (5 marks) 3. Advise Lilly about whether Terry has breached any of his statutory duties as a director of Fantastic Holidayz. Include in your answer the consequences of a breach of duty, whether Lilly could bring an action for compensation on behalf of the company against Terry, and whether there are any defences available.
It is important for Lilly to consult with a legal professional to assess the specific circumstances and determine the most appropriate course of action. Legal advice tailored to the jurisdiction and applicable laws should be sought.
1. Lilly's Challenge to Dividend Denial and Bonus Payment:
Lilly may have grounds to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses. The key considerations are as follows:
a) Breach of Fiduciary Duty: Directors owe a fiduciary duty to act in the best interests of the company. By consistently rejecting dividends despite profitable operations, the directors may be breaching this duty if their decision is not justifiable and reasonable. The decision to pay themselves bonuses without Lilly's approval further strengthens her case.
b) Unfair Prejudice: Lilly may argue that the denial of dividends and payment of bonuses unfairly prejudice her interests as an equal shareholder and director. This argument can be supported by the fact that dividends have been consistently denied for several years, and the bonuses were paid without her knowledge or consent.
c) Oppression of Minority Shareholder: If the other directors' actions substantially interfere with Lilly's rights as a shareholder and director, it could constitute oppression of a minority shareholder. Denying dividends and paying bonuses in a manner that excludes Lilly's interests may be viewed as oppressive.
Lilly can potentially bring legal action seeking remedies such as an injunction to stop the bonuses, an order for dividends to be paid, or a buyout of her shares at a fair value.
2. Travel Agency in Voluntary Administration:
If the travel agency owing $200,000 to Fantastic Holidayz is placed into voluntary administration, the process and potential outcomes can be summarized as follows:
a) Voluntary Administration: Voluntary administration is a process where an external administrator (usually a registered liquidator) takes control of the insolvent company to maximize returns for creditors. The administrator assesses the company's financial position and explores options, such as restructuring or selling the business.
b) Outcomes and Implications: During voluntary administration, the administrator may propose a Deed of Company Arrangement (DOCA) to the creditors. If approved, it could allow the travel agency to continue operating and repay the debt over an agreed period. Alternatively, if the company's financial situation is deemed irreparable, the administrator may recommend liquidation.
For Fantastic Holidayz, the outcome depends on the recovery of the debt. If the travel agency is unable to repay the owed amount, Fantastic Holidayz may have to write off the debt as a loss, potentially impacting their financial position. The impact could be significant if the debt is material to the company's operations.
3. Terry's Breach of Director's Duties:
Terry, as the Chief Financial Officer and a director of Fantastic Holidayz, may have breached his statutory duties. The key considerations are as follows:
a) Duty of Care and Diligence: Directors must exercise reasonable care, skill, and diligence in fulfilling their roles. Terry's approval of additional credit without the knowledge of other directors could be seen as a failure to exercise due care and diligence. The consequences of a breach may include personal liability for any loss suffered by the company.
b) Duty to Act in Good Faith and for Proper Purpose: Directors must act in good faith and in the best interests of the company. By approving additional credit for a customer with an outstanding overdue account, despite potential insolvency concerns, Terry may have breached this duty.
c) Consequences and Action for Compensation: If Terry is found to have breached his statutory duties, consequences may include personal liability for any loss suffered by the company due to his actions. Lilly, as a shareholder, may have standing to bring a derivative action on behalf of the company to seek compensation from Terry for any losses incurred.
d) Defenses: Terry may raise defenses such as relying on professional advice, acting in good faith, or having the belief that his actions were in the company's best interests. However, these defenses may not absolve him entirely from liability if his actions are found to be unreasonable or against the company's interests.
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Kubin Company’s relevant range of production is 12,000 to 16,000 units. When it produces and sells 14,000 units, its average costs per unit are as follows:
Direct materials $ 7.30
Direct labor $ 4.30
Variable manufacturing overhead $ 1.80
Fixed manufacturing overhead $ 5.30
Fixed selling expense $ 3.80
Fixed administrative expense $ 2.80
Sales commissions $ 1.30
Variable administrative expense $ 0.80
Required:
1. If 12,000 units are produced and sold, what is the variable cost per unit produced and sold?
2. If 16,000 units are produced and sold, what is the variable cost per unit produced and sold?
3. If 12,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
4. If 16,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
5. If 12,000 units are produced, what is the average fixed m
Answer:
1. If 12,000 units are produced and sold, what is the variable cost per unit produced and sold?
variable cost per unit = $7.30 + $4.30 + $1.80 + $1.30 + $0.80 = $15.502. If 16,000 units are produced and sold, what is the variable cost per unit produced and sold?
variable cost per unit = $7.30 + $4.30 + $1.80 + $1.30 + $0.80 = $15.503. If 12,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
$15.50 x 12,000 = $186,0004. If 16,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
$15.50 x 16,000 = $248,0005. If 12,000 units are produced, what is the average fixed m
average fixed manufacturing cost = ($5.30 x 14,000) / 12,000 = $6.1833 average fixed selling expense = ($3.80 x 14,000) / 12,000 = $4.4333average fixed administrative expense = ($2.80 x 14,000) / 12,000 = $3.2667total fixed expenses per unit = $13.8833Recall the methods of influencing followers discussed in Chapter 13. Which decision making style likely best fits with the influence tactic of collaboration
The decision-making style that is likely to fit best with the collaboration influence tactic is the behavioral style, which focuses on interpersonal relationships.
In this style of decision making, the leader seeks to positively influence his team through collaboration tactics, as his leadership style is geared towards integration between teams.
The decision-making process takes place in a collaborative search for information and evaluation of employees' reactions to a decision, being able to ask for advice and search for new ideas before making the decision.
Therefore, in the behavioral style, it is more likely to have integration, communication and increased motivation at work, as employees feel valued for being included in important decision-making.
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Why has FDI increased in developing countries?
The low labor and production costs in the country of destination are the key drivers of foreign direct investments. FDI is essential for economic expansion.
A target country's economic development can be boosted by FDI, which can also improve business conditions, attract investors, and boost the local economy and community. Foreign direct investments (FDI) are capital inflows into an economy from another nation with the goal of acquiring a long-term management stake in the company, other than the investor's. It is the total of the balance of payments' representations of capital reserves, earnings reinvested, other long-term assets, and short capital.
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Parsons Company is planning to produce 2,800 units of product in 2017. Each unit requires 1. 20 pounds of materials at $5. 60 per pound and a half-hour of labor at $12. 00 per hour. The overhead rate is 70% of direct labor. (a) Compute the budgeted amounts for 2017 for direct materials to be used, direct labor, and applied overhead. Direct materials $ Direct labor $ Overhead $ (b) Compute the standard cost of one unit of product. (Round answer to 2 decimal places, e. G. 2. 75. ) Standard cost $ Click if you would like to Show Work for this question: Open Show Work
The budgeted amounts for indirect costs in 2017 for the direct materials to be used is $18,816.
What are indirect costs?Costs that cannot be traced back to a specific cost object are known as indirect costs. Indirect costs are similar to direct costs in that they can be either fixed or variable. Expenses for administration, personnel, and security are examples of indirect costs. These are expenses that have nothing to do with manufacturing. While some overhead expenses may be considered indirect costs, other overhead expenses can be linked directly to a project and are thus considered direct costs. Indirect costs can be divided into two categories. The first are the indirect fixed costs, which are constant for a given project or business, such as labor transportation to the job site and construction of makeshift roads. The second category is made up of indirect costs that are repeated for a specific business, such as paying salaries or keeping records up to date.
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Long Text (essay)
Journal: Please respond to the following:
Why do you think entrepreneurship is important to the economy?
Entrepreneurship is important to the economy as they act as a support system in the growth of the economy.
What is entrepreneurship?A person who has a strong interest in conducting business based on creativity and technology and who is willing to take risks in order to improve the lives of others is referred to as an entrepreneur. This is the process that is known as entrepreneurship.
The ratio of annual production to annual consumption, as well as the analysis of an individual's purchasing power, serve as the primary indicators of a nation's economic health.
By developing new goods and services, businesses encourage the creation of new jobs, which lowers the nation's unemployment rate and raises people's spending power, both of which has the net effect of speeding up economic growth.
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Suring the year, Wright Company sells 475 remote-control airplanes for $120 each. The company has the following inventory purchase tansactions for the year. Calculate ending inventory and cost of goods sold for the year, assuming the company uses FIFO.
Given:
Wright Company sells 475 remote-control airplanes for $120 each.
Inventory purchase transactions are as follows:
Date
Quantity
Unit Cost
We can calculate ending inventory and cost of goods sold for the year, assuming the company uses FIFO as follows:
First, we need to calculate the total cost of goods available for sale.(140 × 30) + (100 × 35) + (150 × 38) = 4,200 + 3,500 + 5,700 = $13,400. Cost of goods available for sale = $13,400.
Next, we need to calculate the cost of goods sold (COGS) using the FIFO method.FIFO assumes that the items that are sold first are the items that were acquired first (first-in, first-out).So, the cost of the first 140 units sold would be $30 each, which gives a total cost of 140 × 30 = $4,200.The next 100 units sold would be the units acquired at $35 each. This gives a total cost of 100 × 35 = $3,500.The remaining 235 units would be from the purchase in September, which were acquired at $38 each. So the total cost would be 235 × 38 = $8,930.Cost of goods sold (COGS) = 4,200 + 3,500 + 8,930 = $16,630Finally, we can calculate the ending inventory by taking the cost of goods available for sale and subtracting the cost of goods sold.Ending inventory = Cost of goods available for sale − Cost of goods sold= $13,400 − $16,630= ($3,230)Since the ending inventory is negative, we can say that the company had no inventory left at the end of the year.
Describe the difference between ultimate limit states and
serviceability limit states. Provide at least one example of
each.
Ultimate Limit States (ULS) and Serviceability Limit States (SLS) are the two types of limit states that are used to design structures.
The main difference between the two is that ULS deals with the safety of the structure, while SLS deals with the usability of the structure.
Difference between Ultimate Limit States (ULS) and Serviceability Limit States (SLS)ULS is the limit state at which the structure is no longer capable of supporting the loads for which it was designed. The structure's failure to support the applied load may result in physical harm to humans, damage to the structure, or the structure's total collapse. The structure's safety is of the utmost importance in ULS design. SLS, on the other hand, refers to the limit state in which the structure's serviceability is compromised. SLS is the state where the user may notice some discomfort or inconvenience. SLS design is aimed at ensuring that the structure is not only secure, but also useful and convenient. Example of Ultimate Limit States (ULS):If the structure is designed to support a maximum load of 1000 kN, ULS would be the state at which the structure fails to support this load. For example, a bridge designed to hold a certain weight may collapse if it is overloaded by vehicles or pedestrians. ULS is the limit state at which the structure is no longer capable of supporting the loads for which it was designed. Example of Serviceability Limit States (SLS): SLS, on the other hand, involves the structure's usability and convenience. SLS is the limit state in which the structure's serviceability is compromised. If a floor deflects too much, for example, it may cause a person walking on it to feel uncomfortable or cause furniture to tip over. Therefore, the SLS is focused on the comfort of the structure's users while also ensuring that it is functional.
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preparing a dessert, sawing wood, and landing an airplane are examples of which type of evaluation outcome?
It is an example of a behavioral/skill-based evaluation outcome in which interpersonal and technical skills are acquired by learners.
A behavioral evaluation is a methodical assessment of a subject's behavior using a variety of techniques, including direct supervision, psychometric testing, interviews, and self-evaluation. Utilizing cutting-edge assessment techniques, the behavioral evaluation's goal is to watch, analyze, and determine human behavior. Assessments, observations, management evaluations, and work samples are examples of methods.
some other common examples of behavioral skill based evolution include communication and empathy as people develop more behavioral skills through better communication and empathy towards other people.
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Indorsement consisting only of the indorser's signature is called
Blank indorsement
Special indorsement
Qualified indorsement
Answer:
Blank Endorsement
Explanation:
In a blank endorsement, the payee does not issue any instructions or restrictions regarding the check or financial instruments. It means a bank will consider the bearer of a check as its owner.
Blank endorsing is done by signing at the back of a check or the financial instruments. No other details are given. Due to this, a blank endorsement is risky. Use of other restrictive endorsement methods is encouraged.
A government has started a public works program. The program uses tax
money to hire workers to repair roads, build dams, and install power lines.
The government has also reduced the taxes businesses pay for each worker
they employ.
Which macroeconomic goal is this government trying to achieve?
O A. Decreasing per capita GDP
O B. Reducing unemployment
O C. Reducing inflation
O D. Increasing GDP
Answer:
B. Reducing unemployment
Explanation:
The government, in this case, is using expansionary fiscal policies to create employment. Hiring people to build dams, repair roads, and install power lines leads to an increase in the government's spending in the economy. Consequently, a higher number of people will be working and earning. Increased earnings cause the aggregate demand to rise.
A reduction in business taxes reduces production costs. Businesses will be able to increase production, expand, and hire more workers when the cost of doing business is low.
An operation received a violation in the outside area of the facility. The manager reviewed the area and saw that the dumpster was placed on a freshly graveled drive. The lids were closed, and the drain plug was in place to prevent the dumpster from draining. What was the problem?
There are different kinds of business operations. The problem is that the surface underneath the Dumpster should have been paved with concrete or asphalt.
For most food safety features the selection of Smooth and durable flooring, wall and ceiling material is important.Food and Drug Administration is an organization that creates national standards for foodservice equipment. They are known to monitor certain food, drugs, cosmetics, and medical products as well as facilities used for food production.
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All of the following are appropriate benchmarks for a state or local government to use as a basis for comparing performance except Federal agencies' financial information for a comparable time period. Socioeconomic and demographic trends of governments of similar types and size available from U.S. Census Bureau. A government's own operating results and financial position from prior years. International City/County Management Association's Financial Trend Monitoring System results for governments of similar types and size.
Answer:
Federal agencies' financial information for a comparable time period.
Explanation:
Benchmarking can be regarded as management accounting innovation, which is been utilized in both the private and the public sectors for performance measurement as management. There are alot of success reported by public sector accounting researchers with the use of benchmarking, however there is
charged problems that still exist in implementing as well as using this management technique. The appropriate benchmarks for a state or local government to use as a basis for comparing performance are;
✓Socioeconomic and demographic trends of governments of similar types and size available from U.S. Census Bureau.
✓ A government's own operating results and financial position from prior years.
✓ International City/County Management Association's Financial Trend Monitoring System results for governments of similar types and size.
please help me this is so tricky…
List two reasons why time is important to consumers.
(THIS IS FROM MY TEST FROM FRIDAY BUT TODAY I’M COMPLETING THIS UNTIL MONDAY BUT YOU CAN STILL GIVE ME THE ANSWER)
Explanation:
1. Without time a consumer cannot make purchases
2. It allows a consumer ger their debit alert to know how much they bought
Suppose that Disney is considering one more Toy Story movie. The company is not confident in box office sales, but they do believe that the file will create merchandising opportunities (DVDs, toys, clothes, etc). Their early analysis believes the move will have an NPV of -$37.00 million if you only look at ticket sales in the theater. However, they also believe that the movie will create sales of $78. 00 million per year in merchandise. The merchandise sales will decline each year by 29.00% in perpetuity. Let's assume that after-tax operating margin on these sales is 11.00 %, and that Disney has a cost of capital at 10.00% Let's value this as a perpetuity. The merchandise sales will continue indefinitely, BUT the sales will decrease each year What is the net NPV for creating the movie? (answer in terms of millions, so 1,000,000 would be 1.00)
The net npv for creating the movie, considering merchandise sales, is $72.
to calculate the net npv (net present value) for creating the movie, we need to consider the cash flows from merchandise sales and apply a perpetuity formula. the formula for perpetuity is:
pv = cash flow / discount rate
first, let's calculate the present value of merchandise sales:
year 1: $78.00 million
year 2: $78.00 million * (1 - 29%) = $55.32 million
year 3: $55.32 million * (1 - 29%) = $39.15 million
and so on...
to calculate the present value, we divide each year's merchandise sales by the discount rate (cost of capital) and sum them up. in this case, the discount rate is 10.00%.
pv = ($78.00 million / 10.00%) + ($55.32 million / 10.00%) + ($39.15 million / 10.00%) + ...
since the sales decrease each year by 29%, we have a decreasing geometric series. the sum of a decreasing geometric series can be calculated using the formula:
sum = first term / (1 - common ratio)
in this case, the first term is $78.00 million and the common ratio is 29%.
sum = $78.00 million / (1 - 29%)
now, we can calculate the net npv:
net npv = npv of merchandise sales - initial npv from ticket sales
net npv = pv - initial npv
the initial npv from ticket sales is given as -$37.00 million.
net npv = sum - $37.00 million
calculating the values:
sum = $78.00 million / (1 - 29%) = $78.00 million / 0.71 = $109.86 million
net npv = $109.86 million - $37.00 million = $72.86 million 86 million.
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How much candy is in 30 bags? there are 10 pieces of candy each
Answer:
300
Explanation:
10/30=300
Which paraphrases correctly matches a specific type of loan with the broader category it best fits?
A. Cash advance - short- term loan
B. Mortgage - short -term loan
C. Line of credit - Long- term loan
D. Credit card - alternative financing
The paraphrase successfully suits a particular kind of mortgage with a broader class of cash advance-short-time period.
What is a short-time loan?A quick time period mortgage is a kind of mortgage that is received to guide a transient non-public or commercial enterprise capital need.
As it's a kind of credit, it includes repaying the precept quantity with a hobby by a given due date, which is typically within a year of getting the mortgage.
Short-term loans are so named because of how quickly the mortgage must be paid off. In most cases, it should be paid off within six months to a year – at maximum, 18 months.
Any longer mortgage time period than this is taken into consideration as a medium time period or long time mortgage. Long-term loans can be completed for periods ranging from a few months to twenty-five years.
Some quick time period loans don’t specify a fee schedule or a particular due date. They truly enable the borrower to repay the mortgage at their own pace.
So, from the above statement, it's clear that choice A, Cash Advance-Short-Time Period Mortgage, is the appropriate choice.
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Answer:it’s A
Explanation:
Did the test foo
A machine was purchased for $500,000 with a residual value of $50,000. The company estimates that the machine will last 5 years and produce 2,000,000 parts over its life. Calculate depreciation expense using the Straight-Line method for the 5-year life. (NOTE: Round your answers to the nearest dollar and enter it enter it WITHOUT decimals, commas or dollar signs [Example 75000].)
This means that the company will record $90,000 as depreciation expense on the machine in each year of its useful life until it reaches the residual value of $50,000.
The Straight-Line method of depreciation allocates the cost of an asset evenly over its useful life. To calculate the depreciation expense for the machine over its 5-year life, we need to first determine the depreciable cost of the asset. The depreciable cost of the asset is the original cost minus the residual value. In this case, the depreciable cost would be $500,000 - $50,000 = $450,000.
Next, we divide the depreciable cost by the number of years of useful life to calculate the annual depreciation expense. So, the annual depreciation expense for this machine would be $450,000 / 5 years = $90,000. Therefore, the depreciation expense using the Straight-Line method for the 5-year life would be $90,000 per year. This means that the company will record $90,000 as depreciation expense on the machine in each year of its useful life until it reaches the residual value of $50,000.
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Click this link to view O*NET's Work Activities section for Registered Nurses. Note that common activities are listed
toward the top, and less common activities are listed toward the bottom. According to O*NET, what are some
common work activities performed by Registered Nurses? Check all that apply.
communicating with supervisors, peers, or subordinates
making decisions and solving problems
repairing and maintaining mechanical equipment
drafting technical devices
assisting and caring for others
O documenting/recording information
Answer:
acdf
Explanation:
Answer:
C,D,E
Explanation:
right on Edge
why do managers need to use accounting information?
Accounting information is a method or technique of recording or tracking all the business related transactions of the company. It is very useful for the shareholders, workers, moneylenders and workers, etc.
The managers need to use this accounting information because of the following reasons-
Accounting information helps the managers in making financial planning decisions. It helps to forecast the future income and expenses of the organization.The accounting information helps the managers in decision making. Without accounting information, the manager will not be able to take accurate decision related to investment in the organization.The accounting information is also necessary for the financial health of the organization. It helps to know the budgetary details of the company that is how much is earned from the products and services.To learn more about accounting,
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Managers require accounting information for many things which are very crucial from the point of view of business. Some of them are listed below-
1. Financial Planning: Financial planning includes the preparation of a budget which is made to anticipate future incomes and expenses of the company. Hence, managers need accounting information that can be useful in preparing budgets and forecasts.
2. Decision-Making: The managers rely on accounting information for decision-making. Without reliable accounting information, the managers cannot accurately estimate the cost which can affect the decision-making ability of the managers. For example- the decision to invest in a project.
3. Monitoring financial health: The managers also need accounting information for overseeing the financial health of the business. Example- Monthly sales detailing the sales revenue earned from different products and services.
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The ratio of the price of two goods on a graphed budget line is measured by its:.
There are lines in budget. The ratio of the price of two goods on a graphed budget line is measured by the slope of the budget.
What is a budget lineThis is regarded as a two-dimensional graph that shows the various choices one have between two goods given the money one have to spend. It is also known as budget constraint.
The ratio of the price of good X that is found on the horizontal axis to the price of good Y on the vertical axis is known as the slope of the budget.
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KNOWLEDGE CHECK Investors who fear rising inflation may buy Treasury Inflation Protected Securities (TIPS). How do TIPS shield lenders from inflation? By triggering an insurance payout By disbursing gold bullion By offsetting the inflation with deflation By compensating investors for inflation < PREV SUBMIT
A TIPS's principal—also known as its face value or par value—increases with inflation and decreases with deflation. You get either the increased (inflation-adjusted) price or the original principal when a TIPS matures, whichever is higher. You will never receive less money than the initial principal.
How does a Depository expansion safeguarded security work?It operates as follows: Let's say you put $1,000 into a brand-new 10-year TIPS with a coupon rate of 2%.The face value will change to $1,030 in the event of 3% annual inflation, and the annual interest payment will be $20.60, or 2% (the coupon rate) of the adjusted principal, and so on.
How can Treasury inflation-protected securities be purchased?You can buy individual TIPS through your brokerage account or through the website of the United States Treasury Department, Treasury Direct, which lets investors buy and hold individual securities directly. Individual TIPS can be purchased in multiples of $100 and on terms ranging from five to thirty years.
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