Balance Sheet (in dollars)Assets Current assets Cash $5,400Accounts receivable $9,000 Inventory $7,200Prepaid expenses $1,800Total current assets $23,400Fixed assets Building $50,000Less:
= Current Assets - Current Liabilities We have, Current assets
= $23,400Current liabilities
= $16,700Therefore,Working Capital
= $23,400 - $16,700
= $6,700b)Ratio
= Current Assets / Current Liabilities We have, Current assets
= $23,400Current liabilities
= $16,700Therefore,Current Ratio
= $23,400 / $16,700
= 1.4c) Calculation of Quick Ratio Quick Ratio
= (Current Assets - Inventory) / Current Liabilities We have, Current assets
= $23,400Inventory
= $7,200Current liabilities
= $16,700Therefore,Quick Ratio
= ($23,400 - $7,200) / $16,700
= $16,200 / $16,700≈ 0.97
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What type of business sells to the end consumer
Answer:
business-to- consumer (B2C)
Explanation:
Commerce is a business model which typically involves the buying and selling of goods or products at a given price.
Generally, commerce comprises of four (4) business models and these are;
1. Business to Business (B2B).
2. Consumer to Consumer (C2C).
3. Business to Government (B2G).
4. Business to Consumer (B2C).
A Business to Consumer (B2C) can be defined as a market which typically involves businesses selling their goods and services directly to the end consumers for their personal use.
Hence, the type of business that sells to the end consumer is known as business-to- consumer (B2C).
Some examples of companies that engage in the Business to Consumer (B2C) business model are; Amazon, Goo-gle, Walmart, Alibaba, Uber, LinkedIn, etc.
emilio and dylan are studying the strengths and weaknesses of their construction business, construction concepts, as well as researching the opportunities and threats in the external environment. they are conducting a
By finding out the various strengths, weaknesses, threats and opportunities to their business, Emilio and Dylan are engaging in a SWOT Analysis of their construction business.
A SWOT analysis enables a company to find out:
Strengths - the parts of its company that set it apart and give it an advantage Weaknesses - areas that they can and should improve on to be more successful Opportunities - whatever developments in their industry that they can leverage on to become more successful Threats - things that they need to watch out for that could give them problems in the near futureThis is what Emilio and Dylan are doing and it is very important as it can allow a company to see the things it needs to do to be successful.
In conclusion, Emilio and Dylan are conducting a SWOT analysis to ensure that their business grows.
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a machine costing 57000 with a 6 year life and 54000 depreciable cost was purchased on january 1. compute the yearly depreciation expense using
To compute the yearly depreciation expense using the straight-line method, we need to divide the depreciable cost of the machine by its useful life. expense for the machine is $9,500
The yearly depreciation expense can be calculated as follows:
Depreciable cost = cost of machine - salvage value
Depreciable cost = $57,000 - $0 (assuming no salvage value)
Depreciable cost = $57,000
Yearly depreciation expense = Depreciable cost / Useful life
Yearly depreciation expense = $57,000 / 6 years
Yearly depreciation expense = $9,500
Therefore, the yearly depreciation expense for the machine is $9,500 using the straight-line method.
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Which of the following activity consists of gathering information understanding the stakeholder needs?
Interviews are a fantastic way to gain a general picture of what stakeholders require, how they might engage with the new system, and what challenges they are currently facing.
The definition of elicitation activity?In essence, eliciting information from stakeholders to ascertain the needs for the solution is what elicitiation is all about. Discussions with stakeholders, research, experimentation, brainstorming, and contacting other sources for data are frequently included.
Which step of the requirements engineering process involves interacting with the system's stakeholders to ascertain their requirements?The procedures involve: Identification and comprehension of requirements Interacting with system stakeholders to learn about their needs is what this method entails. During this exercise, documentation and domain needs from stakeholders are also found.
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Business Math!
Your budget says that savings should be 11% of income. If you earn $1,500.00 a month, how much should
you save in a year?
$1.880.20
$1,880.00
$1,780.00
$1,980.00
Answer:
$1,980.00
Explanation:
$1,500.00 * 0.11 = $165.00
$165.00 * 12 months = $1,980.00
You should save $1,980.00 in a year.
Select one answer only (choose among the 5 answers available) To represent the amount of pedestrian traffic through a color chart (red for the maximum, blue for the minimum and yellow in between, for example) projected onto the geographical map of a city, it is useful to Dot distribution maps use... A heat map A bubble chart A georeferenced map A cartogram
To represent the amount of pedestrian traffic through a color chart projected onto the geographical map of a city, it is useful to use a heat map.
What is a heat map and how does it represent pedestrian traffic?A heat map is a graphical representation where different colors are used to represent different levels of intensity or values within a dataset. In the context of pedestrian traffic, a heat map can be used to visualize the density or volume of pedestrian movement in different areas of a city. The colors on the map, such as red for high pedestrian traffic, blue for low traffic, and yellow for intermediate levels, help provide a quick and intuitive understanding of the distribution of pedestrian activity.
Heat maps are particularly effective for representing pedestrian traffic because they allow viewers to easily identify areas with high or low footfall. By overlaying the heat map onto a geographical map of the city, it becomes possible to visually analyze patterns and trends in pedestrian movement, which can inform urban planning, transportation management, and infrastructure development.
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Which of the following is the least profitable investment for a candy shop that earns $1 revenue per pound of candy? (5 points) Group of answer choices Worker at $10 per hour, producing eight pounds of candy per hour Worker at $12 per hour, producing 16 pounds of candy per hour Machine with $5 per hour operating cost, producing 10 pounds of candy per hour Machine with $8 per hour operating cost, producing 14 pounds of candy per hour
Answer:
d
Explanation:
it was on the test really simple
Answer:
Worker at 10 dollars per hour, producing 8 pounds of candy
Explanation:
Got it right on the test
what is 1+1 its my homework
Answer:
2 :D lol
Explanation:
What are the three types of business organizations?
Answer: sole proprietorship, partnership, and corporation
suppose ford issues bonds with 15-year maturity and an 11.6% coupon rate, compounded annually. suppose the market interest rate is 9%. what is the coupon payment? a. $90 b. $1000 c. $116 d. not enough information.
The coupon payment for Ford's 15-year bonds with an 11.6% coupon rate, compounded annually, at a market interest rate of 9% is $116. Thus, Option C is correct.
To calculate the coupon payment, we need to use the formula:
Coupon Payment = Face Value x Coupon RateWhere the Face Value is the amount of the bond, and the Coupon Rate is the annual percentage rate of the coupon.
The Face Value is not provided in the question, so we cannot calculate the exact coupon payment. However, we can use the formula to find the closest answer. Assuming a Face Value of $1000, the annual Coupon Payment would be:
Coupon Payment = $1000 x 11.6% Coupon Payment = $116Therefore, the correct answer is option C, $116.
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Eva invested a certain amount of money at 2% interest and $1500 more than that amount at 5%. Her total yearly interest was $215. How much did she invest at each rate
Eva invested $2000 at 2% and $3500 at 5%.Hence, Eva invested $2000 at 2% and $3500 at 5%.
Let us take the amount that Eva invested at 2% be x.
Let us take the amount that Eva invested at 5% be x + $1500.Therefore, the total amount that Eva invested is x + x + $1500 = 2x + $1500.We are given that Eva's total yearly interest was $215.The interest from 2% is (2/100)x = 0.02x.
The interest from 5% is (5/100)(x + $1500) = 0.05x + $75.
The sum of the interest is given to be $215. Thus,0.02x + 0.05x + $75 = $2150.07x = $140x = $2000
Therefore, Eva invested $2000 at 2% and $3500 at 5%.Hence, Eva invested $2000 at 2% and $3500 at 5%.
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Which of the following statements would be considered pros of globalization?
Increased competition between countries
Increased immigration of unskilled workers
Increased public funding for education and immigration of those citizens with education
Increased consumption of wide variety of goods leading to increased production
Answer:
increased consumption of wide variety of goods leading to increased production.
Explanation:
im sorry if i get it wrong
Suggest an unbiased estimator that could be used to estimate the population proportion of individuals with a ‘degree or equivalent’. Use the sample data in order to provide an estimate. Briefly comment on your choice of estimator and on your estimate
One unbiased estimator that could be used to estimate the population proportion of individuals with a 'degree or equivalent' is the sample proportion.
This estimator is unbiased because it is based on the random sampling of individuals from the population, which ensures that the sample is representative of the population.
To provide an estimate, we would need sample data that includes the number of individuals in the sample who have a 'degree or equivalent' and the total number of individuals in the sample.
For example, if we had a sample of 500 individuals and 200 of them had a 'degree or equivalent', then the sample proportion would be 0.4 (or 40%).
It is important to note that the sample proportion is only an estimate and there is always some degree of uncertainty associated with it.
To determine the level of precision and confidence in the estimate, we would need to calculate the margin of error and construct a confidence interval.
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trid requires that an informational booklet prepared by the cfpb be given to the borrower at the time of application or provided
TRID requires that an informational booklet prepared by the CFPB be given to the borrower at the time of application or provided within three days of the loan application.
TRID is a sequence of tips enforced through the customer financial protection Bureau (CFPB) that try to close some of the loopholes that unscrupulous lenders have used in the past to trick purchasers. TRID regulations dictate what loan statistics creditors need to offer to borrowers and when they need to offer it.
The Consumer Financial Protection Bureau is an organization of the USA authorities accountable for consumer safety in the financial zone. Complaints provide the Bureau with near actual-time records about the varieties of demanding situations customers are experiencing with monetary services and products. We use them to inform our efforts in client schooling, create clear rules of the road for groups, and take motion towards awful actors inside the marketplace.
The main purpose of the consumer financial protection Bureau is to defend customers from unfair, deceptive, or abusive practices and take action against agencies that break the regulation. We are human beings with the records, steps, and tools that they want to make smart monetary selections.
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Vanessa bought a cell phone eighteen months ago and now it is not working. Under the following warranty, will the phone be repaired? UltraStar Limited WarrantyUltraStar warrants to the original retail purchaser that this UltraStar product will be free from defects in materials and workmanship under normal use for one year from the date of original purchase. Your dated sales receipt showing the date of purchase is your proof of the purchase date.The limited warranty does not apply to physical damage to the surface of the product, including breakage, cracks, or scratches on the LCD or outside casing. This limited warranty also does not extend to any product from which the serial number has been removed, or to any product that has been rendered defective by misuse. Accessory products, including those listed in the UltraStar catalog are not covered under this limited warranty
Answer:
No, the phone will not be repaired.
Explanation:
The warranty states that if your phone stops working within a year of the original purchase, it will be repaired, but Vanessa bought the phone 18 months ago, which is a year and a half.
So no, the phone will not be repaired under warranty.
Answer:
No
Explanation:
The warranty is for one year only from the date of purchase.
Riskier investments can yield higher returns:
A) but, are generally less expensive
B)but, generally experience steeper downturns
C) so, you should invest all your money in high risk stocks
D) none of the above
The Riskier investments can yield higher returns, Because They put your money at higher risk. This means that if things go well, high-risk investments can produce high returns.
What is the investment?Investment is the ceremonial of money to purchase an asset to attain an increase in value over a time period of time. Investment requires a sacrifice of some present quality, such as time, medium of exchange, or effort. In finance, the purpose of investing is to generate a return from the invested asset.
The risk investment may offer the chance of higher returns than other investments might produce, but they put your money at higher risk. This means that if things go well, high-risk investments can produce high returns. But if things go badly, you could lose all of the money you invested.
Therefore, Thus option (D) is correct.
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explain the difference between folkways and mores
Folkways and mores are two terms that are commonly used to refer to social norms. Both are related to the way that society functions, though they have some key differences. Folkways are more casual norms of behavior that may differ from place to place. For example, different cultures may have different folkways when it comes to greetings or forms of address. Mores, on the other hand, are more deeply ingrained and broadly accepted norms of behavior. These norms are often seen as either moral or immoral, and they shape the behavior of entire cultures. Examples of mores include beliefs about marriage, religious practices, and attitudes towards authority.
Folkways are not seen as being as important as mores and are often seen as more culturally specific. They are often not enforced by any type of social or legal repercussions, while mores usually are. Mores are generally seen as more important to a culture and more widely accepted. Violations of mores can have serious consequences, including ostracism or even criminal charges. Folkways, on the other hand, may be disregarded without much consequence.
In summary, folkways are more casual norms of behavior, while mores are more deeply ingrained and widely accepted norms of behavior. Folkways are not usually enforced with any type of social or legal repercussions, while mores usually are. Both terms refer to how society functions, though mores are seen as more important and widely accepted.
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You find a certain stock that had returns of 12.4 percent, −21.2 percent, 27.2 percent, and 3.2 percent for four of the last five years. Assume the average return of the stock over his period was 10.4 percent. What was the stock's return for the missing year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) What is the standard deviation of the stock's returns? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
The standard deviation of the stock's returns is 15.75 percent.
To find the stock's return for the missing year, we can use the formula for average return. The average return is calculated by summing all the returns and dividing by the number of years.
Given that the average return over the period was 10.4 percent, we have the following equation:
(12.4 - 21.2 + 27.2 + 3.2 + x) / 5 = 10.4
Simplifying the equation, we get:
(21.6 + x) / 5 = 10.4
Multiplying both sides by 5, we have:
21.6 + x = 52
Subtracting 21.6 from both sides, we find:
x = 30.4
Therefore, the stock's return for the missing year is 30.4 percent.
To calculate the standard deviation of the stock's returns, we can use the following steps:
1. Calculate the deviation of each return from the average return. For example, the deviation for the first return of 12.4 percent is 12.4 - 10.4 = 2 percent.
2. Square each deviation.
3. Calculate the average of the squared deviations.
4. Take the square root of the average of the squared deviations.
Following these steps, we find the standard deviation to be:
√[(2^2 + (-10.8)^2 + 16.8^2 + (-7.2)^2 + (30.4)^2)/5] ≈ 15.75 percent.
Therefore, the standard deviation of the stock's returns is approximately 15.75 percent.
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An economy has a monetary base of 1,000 $1 bills. calculate the money supply in scenarios a - d. then answer part e.
a) If all money is held as currency, the money supply is $1,000.
b) If banks hold 100% of deposits as reserves, the money supply is $0.
c) If all money is held as demand deposits, the money supply is $1,000.
d) If banks hold 20% of deposits as reserves, the money supply is $5,000.
e) If the central bank decides to increase the money supply by 10%, the money supply is $1,100.
What is the money supply?The money supply is the total amount of a nation's currency circulating in the economy at a specific time.
The money supply is made up currency in the hands of the public and demand deposits in financial institutions.
Data and Calculations:Monetary base = 1,000 of $1 bills
a) If all money is held as currency, the money supply is $1,000 ($1 x 1,000).
b) If banks hold 100% of deposits as reserves, the money supply is $0.
c) If all money is held as demand deposits, the money supply is $1,000 ($1,000 + 0).
d) If banks hold 20% of deposits as reserves, the money supply is $5,000 ($1,000/20%).
e) If the central bank decides to increase the money supply by 10%, the money supply is $1,100 ($1,000 x 1.1).
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Question Completion:a. All money is held as currency
b. Banks hold 100 percent of deposits as reserves.
c. All money is held as demand deposits.
d. Banks hold 20 percent of deposits as reserves.
e. The central bank decides to increase the money supply by 10 percent.
If policy makers want to reduce output and keep net export constants. Which of the following policies would most likely achieve this?
A. a decrease in government spending and an increase in the real exchange rate
B. encourage the country's trading partners to implement policies that will decrease foreign income
C. a decrease in government spending
D. a real exchange rate appreciation
E. a real exchange rate depreciation
E. a real exchange rate depreciation can likely achieve the goal of reducing output while keeping net exports constant.
A real exchange rate depreciation can help achieve the goal of reducing output while keeping net exports constant. When a country's currency depreciates, its goods become relatively cheaper for foreign buyers, which can stimulate export demand. At the same time, it can make imports more expensive, discouraging domestic consumption and leading to a decrease in output. By combining a real exchange rate depreciation with policies that promote domestic savings or reduce government spending, policymakers can effectively reduce output while maintaining a favorable trade balance. This approach can help address issues such as overheating in the economy or a trade deficit.
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(15 points). (Related to Checkpoint 11.2) (Equivalent annual cost calculation) Barry Boswell is a financial analyst for Dossman Metal Works, Inc. and he is analyzing two alternative configurations for the firm's new plasma cutter shop. The two alternatives that are denoted A and B below perform the same task and although they each cost to purchase and install they offer very different cash flows. Alternative A has a useful life of 7 years whereas Alternative B will only last for 3 years. The after-tax cash flows from the two projects are as follows:
Year Alternative A Alternative B
0 (90,000) (95,000)
1 (19,000) (5,000)
2 (19,000) (5,000)
3 (19,000) (5,000)
4 (19,000)
5 (19,000)
6 (19,000)
7 (19,000)
To calculate the equivalent annual cost for each alternative, we need to find the present value of the cash flows and then divide it by the annuity factor. The annuity factor is calculated using the formula:
Annuity Factor = (1 - (1 + r)^(-n)) / r
Where:
r = discount rate
n = number of years
Given:
Discount rate = 10%
Useful life of Alternative A = 7 years
Useful life of Alternative B = 3 years
Step 1: Calculate the present value of cash flows for each alternative
For Alternative A:
PV(A) = -90,000 + (-19,000 / (1 + 0.10)) + (-19,000 / (1 + 0.10)^2) + (-19,000 / (1 + 0.10)^3) + (-19,000 / (1 + 0.10)^4) + (-19,000 / (1 + 0.10)^5) + (-19,000 / (1 + 0.10)^6) + (-19,000 / (1 + 0.10)^7)
PV(A) ≈ -90,000 - 17,272.73 - 15,702.48 - 14,274.98 - 12,977.25 - 11,796.59 - 10,721.45 - 9,742.23
PV(A) ≈ -200,387.51
For Alternative B:
PV(B) = -95,000 + (-5,000 / (1 + 0.10)) + (-5,000 / (1 + 0.10)^2) + (-5,000 / (1 + 0.10)^3)
PV(B) ≈ -95,000 - 4,545.45 - 4,132.23 - 3,756.57
PV(B) ≈ -107,434.25
Step 2: Calculate the annuity factor for each alternative
For Alternative A:
Annuity Factor(A) = (1 - (1 + 0.10)^(-7)) / 0.10
Annuity Factor(A) ≈ 4.868
For Alternative B:
Annuity Factor(B) = (1 - (1 + 0.10)^(-3)) / 0.10
Annuity Factor(B) ≈ 2.486
Step 3: Calculate the equivalent annual cost for each alternative
Equivalent Annual Cost(A) = PV(A) / Annuity Factor(A)
Equivalent Annual Cost(A) ≈ -200,387.51 / 4.868
Equivalent Annual Cost(A) ≈ -41,174.78
Equivalent Annual Cost(B) = PV(B) / Annuity Factor(B)
Equivalent Annual Cost(B) ≈ -107,434.25 / 2.486
Equivalent Annual Cost(B) ≈ -43,190.29
Therefore, the equivalent annual cost for Alternative A is approximately $41,174.78, and for Alternative B is approximately $43,190.29.
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explain how the tests of controls and substantive tests of transactions affect the tests of details of balances.
Both substantive audit testing and compliance audit testing are included in an audit that is carried out in accordance with generally accepted auditing standards (GAAS). Compliance audit testing entails evaluating the efficiency of internal controls in operation within the audit client.
In the working papers of an audit that is carried out in accordance with generally accepted auditing standards, it is essential for the auditor to comprehend and record the nature, duration, and extent of substantive audit testings.
The purpose of substantive tests of transactions is to substantively verify the transactions' dollar amounts.Audit tests that substantiate an account's ending balance are known as substantive tests of balances.
What are real checks and balances?
The phase of an audit known as substantive testing involves the auditor collecting samples to identify any material errors in the client's accounting records or other information.The decision that a company's financial records are complete, relevant, and accurate must be supported by this evidence.
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List three market practices that the govemment
regulates or bans to protect competition
Three market practices that the government regulates or bans to protect competition are Price fixing, Monopolies and Predatory Pricing.
Price fixing: As price fixing techniques are anticompetitive and detrimental to consumers, the government regulates them. Price fixing may result in increased costs, decreased output, and inefficient markets. The government may levy penalties or even bring legal action against the businesses and people involved in this conduct.
Monopolies: To stop them from exploiting their dominant market position, the government may regulate or even dismantle monopolies. Monopolies can result in increased costs, less innovation, and less consumer choice. Governments may limit mergers and acquisitions or control the actions of powerful companies.
Predatory Pricing: When a business sets prices below what it actually costs to produce a good or service, it is engaging in predatory pricing, which the government may outlaw. In the long term, higher prices may result from this technique since the dominant firm can increase prices after driving out its rivals, which hurts competition. The government may fine or prosecute businesses that engage in this conduct.
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A(n) _____ is a firm that delivers a software application, or access to an application, by charging a usage or subscription fee.
An organization known as an application service provider offers software applications or access to applications in exchange for a usage or subscription charge.
What is software?Software is a set of instructions, data, or programs used to operate computers and perform certain tasks. Software's opposite is hardware, which describes a computer's exterior parts. Software is the general term for all programs, scripts, and applications that run on a device. It might be viewed as the mutable element of a computer, whereas the hardware element is always present. The two main classifications of software are system software and application software. An application is a piece of software that completes a certain task or satisfies a demand. System software is designed to run a computer's hardware and act as a platform for other software to run on.
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what is the importance of clay in human life
Answer: Fun Fact: Clay is an important part of soil because it contains nutrients that are essential to plant growth
Explanation:
Help please, Reply as soon as possible !
Answer:
accounts payable
Explanation:
my mom uses it shes an accountant so it must be good
Which quality is a requirement In order for a destination to become a tourism destination area (TDA)?
A. should be accessible by road
B. should be in a developed country
C. should have a unique feature
D. should have a moderate climate
Checking account transactions are NOT reported to the credit bureaus and do not affect your credit score. Why is it still important to manage your checking account well?
Answer: Too see if anyone is stealing or charging extra fees
Explanation:
___ requrements are courses that build knowledge and skills in a specific field.
A. major
B. general studies
C. specialization
D. elective
D. elective requrement are courses that build knowledge and skills in a specific field
If a borrower's monthly interest payment on an interest-only loan at an annual interest rate of 7.3% is $877, how much was the loan amount (rounded to the nearest hundred)
Answer:
$144,200
Explanation: