We have the following data, which includes four departments within a hospital, two of which are supportive, laundry and the security department, and two other operational departments, which are nursing and emergency. by giving each department its own cost how to allocate the cost of the supportive department on an operational department by using double distribution method
( nursing costs 10000 dollars, emergency 50000 dollars , laundry 20000 dollars and the security8000 dollars )
departements cost nursing 10000 emergency 50000 laundry 20000 security 8000
Answers
Double distribution method is a cost allocation method that allocates support department costs to operating departments. This method involves two stages.
In the first stage, service department costs are allocated to other service departments based on a predetermined basis. In the second stage, service department costs are allocated to operating departments based on usage.
The first step is to allocate the costs of the support departments to the other support departments based on a pre-determined basis. The support department costs are then allocated to the operating departments based on usage.
The allocation basis is determined by management based on the nature of the support provided by each department. For example, the allocation basis for the laundry department could be based on the number of beds in the hospital, while the allocation basis for the security department could be based on the number of square feet of floor space.
The following table shows the allocation of the supportive department costs to the operating departments using the double distribution method:
Departments Cost Allocation Basis Allocation to Laundry
Allocation to Security Nursing $10,000
Number of beds $6,667 $3,333
Emergency $50,000
Square feet of floor space $16,667 $33,333
Laundry $20,000
Number of beds $20,000 $0
Security $8,000
Square feet of floor space $0 $8,000
Total $88,000 $43,000 $44,000
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Related Questions
Master Mopeds Inc. has slightly different versions of the same moped for the American, European, and Asian markets. Its employees are grouped into divisions based on the market in which they have been assigned. This is an example of ________ departmentalization.
Answers
Answer:
"Geographical" is the correct answer.
Explanation:
The categorization procedure on something like a land-based foundation. If the consumers of a business are spread geographically, they can combine geographically-based employment, which is considered as Geographical departmentalization.Offerings could be developed to improve user impact on the world by offering customized services throughout a particular nation or location.PLEASE HELLPP!!!!’Hurrryyyy
Answers
Answer:
I thinkMARKETING MANAGEMENT
HOPE IT HELPEDwhich main teaching point come to life in the undp guest lecture? procurement can help make the world a better place procurement is less relevant in certain industries
Answers
During the UNDP guest lecture, the main teaching point that came to life was that procurement can help make the world a better place. In today's world, procurement has become a key aspect of many organizations.
The procurement function can be defined as the process of acquiring goods, services, or works from an external source.The procurement function has a direct impact on the success or failure of an organization. Procurement helps to ensure that the organization gets the right goods, services, or works at the right price, quantity, and quality. It also helps to build relationships with suppliers, which can be beneficial to both parties.The procurement function is becoming more important in today's world, as companies are recognizing the importance of social and environmental sustainability. Procurement can help organizations to achieve their sustainability goals by sourcing goods and services from suppliers who share their values.
Procurement can also help to ensure that suppliers are operating ethically and sustainably. According to the guest lecture, procurement is less relevant in certain industries. This is because some industries have a limited number of suppliers, and therefore the procurement function is not as important. For example, in the pharmaceutical industry, there are only a few large suppliers of raw materials. Therefore, the procurement function is less relevant in this industry.
In conclusion, the UNDP guest lecture highlighted the importance of procurement in making the world a better place. Procurement can help organizations to achieve their sustainability goals and build relationships with suppliers. However, the relevance of procurement varies across industries.
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From your reading, you saw a key global income group sometimes viewed as being bypassed by Globalization. For the United States only, what is this income group and what are some indications Globalization is not helping this group earn more? In the U.S., over the past 18 months, has this group improved in terms of earnings and purchasing power or has it lost ground? Please use the plentiful data available to support your view.
Answers
The income group that is often viewed as being bypassed by globalization is the middle class.
The middle class in the United States has been struggling for some time, and while there have been some small improvements in the past 18 months, there is still much work to be done to ensure that globalization benefits everyone.
The middle class is considered the backbone of the economy, and it is the group that has seen the slowest growth in earnings over the past few decades. One indication that globalization is not helping the middle class earn more is the declining job security and the increase in part-time work. Companies are outsourcing jobs to countries where labor is cheaper, leaving many middle-class workers without jobs. This trend has continued to grow as technology and automation have replaced many jobs, further decreasing the availability of jobs for the middle class.
Over the past 18 months, the middle class has seen mixed results in terms of earnings and purchasing power. While unemployment rates have fallen, wage growth has been slow, and income inequality has continued to rise. The Tax Cuts and Jobs Act of 2017 promised to boost middle-class incomes, but the results have been minimal, with most of the benefits going to the wealthy.
Additionally, the cost of living has increased, especially in areas such as healthcare and education, leaving many middle-class families struggling to make ends meet. The COVID-19 pandemic has only worsened the situation for the middle class, with many losing their jobs or facing reduced hours and pay.
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A scrum master is responsible for estimating a work package that has a significant amount of uncertainty associated with the time and cost to complete. Due to the uncertainty involved he will be making a low, an average and a high estimate. He is using which estimating approach?
a. Apportion method
b. Range estimating
c. Learning curve
d. Parametric procedures applied to specific tasks
e. Template method
Answers
Based on the scenario above, He is using the Range estimating approach.
What is a range estimate?The Range estimating approach is known to be a kind of estimated distance that exist between a person and their target.
There are a lot of techniques in estimating range, An example is the:
100-meter-unit-of-measure method. The appearance-of-object method.The bracketing method, etc.Learn more about Range estimating from
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Question: Choose the products that are regulated by federal tobacco sales law:
C
O Chewing tobacco
Cigars (including regular, little, and flavored cigars)
O Rolling papers containing tobacco as an ingredient
O E-cigarettes & e-liquid
O All of the above are regulated
Answers
Which of the following is not an example of professional behavior
?
Answers
You are thinking of purchasing a house. The house costs $400,000. You have $57,000 in cash that you can use as a down payment on the house, but you need to borrow the rest of the purchase price. The bank is offering a 30 -year mortgage that requires annual payments and has an interest rate of 7% per year. What will be your annual payment if you sign this mortgage? A local bank is running the following advertisement in the newspaper: "For just $1,000 we will pay you $50 forever!" The fine print in the ad says that for a $1,000 deposit, the bank will pay $50 every year in perpetuity, starting one year after the deposit is made. What interest rate is the bank advertising (what is the rate of return of this investment)?
Answers
The bank is advertising an interest rate of 5% for this investment.
To calculate the annual payment for the mortgage, we can use the formula for the present value of an ordinary annuity:
PV = PMT * (1 - (1 + r)^(-n)) / r
Where PV is the present value (loan amount), PMT is the annual payment, r is the interest rate per period, and n is the number of periods.
In this case, the loan amount (PV) is $400,000 - $57,000 = $343,000 (since you're using $57,000 as a down payment). The interest rate (r) is 7% per year, and the loan term is 30 years (n = 30).
Plugging the values into the formula, we can solve for PMT:
$343,000 = PMT * (1 - (1 + 0.07)^(-30)) / 0.07
Simplifying the equation gives:
PMT = $343,000 * 0.07 / (1 - (1 + 0.07)^(-30))
Calculating the expression on the right-hand side gives:
PMT ≈ $22,932.34
Therefore, the annual payment for the mortgage would be approximately $22,932.34.
Regarding the bank advertisement, they claim to pay $50 every year in perpetuity for a $1,000 deposit. To find the interest rate being advertised, we can use the formula for the perpetuity present value:
PV = PMT / r
Where PV is the present value (deposit), PMT is the annual payment, and r is the interest rate.
In this case, the deposit (PV) is $1,000, and the annual payment (PMT) is $50.
Plugging the values into the formula, we can solve for r:
$1,000 = $50 / r
Simplifying the equation gives:
r = $50 / $1,000
Calculating the expression on the right-hand side gives:
r = 0.05 or 5%
Therefore, the bank is advertising an interest rate of 5% for this investment.
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Ugar has relocated a production firm to a country that has lower production costs, and is closer to his customers. What type of advantage does this offer Ugar's firm
Answers
The advantage offered to Ugar by relocating their production firm is a reduction in the cost of doing business.
What advantage does Ugor gain?When Ugor relocated to the country that has a lower production cost, it means that they will spend less to produce their goods and services.
He will also spend less on transporting his goods to his customers. These reduced costs mean that his cost of doing business has reduced.
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Form 13615, Volunteer Standards of Conduct Agreement – VITA/TCE Programs is not valid until the sponsoring partner’s approving official signs and dates the form after confirming the volunteer’s______________. A. Government-issued photo identification B. Certification levels on Form 13615, Volunteer Standards of Conduct Agreement- VITA/TCE Programs C. Government-issued photo identification and certification levels on Form 13615, Volunteer Standards of Conduct Agreement - VITA/TCE Programs D. None of the above
Answers
Form 13615, Volunteer Standards of Conduct Agreement – VITA/TCE Programs is not valid until the sponsoring partner’s approving official signs and dates the form after confirming the volunteer’s C) Government-issued photo identification and certification levels on Form 13615, Volunteer Standards of Conduct Agreement - VITA/TCE Programs.
The Form 13615 is a Volunteer Standards of Conduct Agreement used in the VITA/TCE Programs. It outlines the ethical and legal obligations of volunteers and helps ensure the confidentiality and integrity of taxpayer information.
However, the form is not valid until the sponsoring partner’s approving official signs and dates it after confirming the volunteer’s government-issued photo identification and certification levels.
This additional step helps verify the identity of the volunteer and their qualifications to participate in the program. Therefore, only option C is correct, and options A, B, and D are incorrect.
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The Upper Tier has a current debt-equity ratio of .52 and a target debt-equity ratio of .45. The cost of floating equity is 9.5 percent and the flotation cost of debt is 6.6 percent. What should the firm use as their weighted average flotation cost?
Answers
Answer: 8.60%
Explanation:
Given the following :
Current debt-equity ratio = 0.52
Target debt-equity ratio = 0.45
Cost of floating equity = 9.5%
Floatation cost of debt = 6.6%
The Weighted average cost is calculated by finding the Weighted average cost of both debt and equity.
1 + 0.45 = 1.45
Weight of debt= 0.45/ 1.45 =0.31034
Weight * cost of debt
0.31034 × 6.6% = 2.0482758
Weight of equity = 1/1.45 = 0.6896551
Weight * cost of equity
0.6896551 × 9.5% = 6.5517241
Sum of both
(6.55 + 2.05) % = 8.60%
Which of the following is a critical success factor in data mining a large data store?
a. Effective search engines.
b. Pattern recognition.
c. Accurate universal resource locater (URL).
d. Image processing systems.
Answers
Effective pattern recognition is a critical success factor in data mining a large data store. With the vast amount of data available, it can be overwhelming to find meaningful patterns or insights.
Pattern recognition involves using statistical algorithms and techniques to identify recurring patterns, correlations, and relationships within the data. These patterns can then be used to predict future trends, identify opportunities, or optimize business processes.
Effective pattern recognition requires advanced analytical skills and tools, such as machine learning algorithms, neural networks, and clustering techniques. It also requires a deep understanding of the data being analyzed and the ability to identify relevant variables and data points.
Additionally, it is important to have a clear understanding of the business problem or opportunity being addressed through data mining. This helps to guide the analysis and ensure that the patterns identified are meaningful and actionable. Effective communication of insights and findings to stakeholders is also critical to ensure that the organization can make informed decisions based on the data analysis.
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savannah is the owner of the 7-11 mini mart, sam is the owner of the superamerica mini mart, and together they are the only two gas stations in town. currently, they both charge $3 per gallon, and each earns a profit of $1,000. if savannah cuts her price to $2.90 and sam continues to charge $3, then savannah's profit will be $1,350, and sam's profit will be $500. similarly, if sam cuts her price to $2.90 and savannah continues to charge $3, then sam's profit will be $1,350, and savannah's profit will be $500. if sam and savannah both cut their price to $2.90, then they will each earn a profit of $900. for both savannah and sam, is a .
Answers
The clear result of this game is that both Savannah and Sam will reduce their price.
How to identify the decision that both are going to make?Taking into account the information presented, it can be inferred that Savannah and Sam have a monopoly on gas stations in their town. Additionally, they have an agreement to establish the rates in which they both charge the same price for their services and products to obtain the same profit.
However, according to the information, it can be shown that if either of the two lowers their rates, their profits will surely increase because customers will go to their gas station more frequently. However, the most likely result of this problem is that both lower their prices because this would allow them to attract more customers and have greater rewards, going from earning $500 to $900.
Note: This question is incomplete because there is some information missing. Here is the complete information:
Savannah is the owner of the 7-11 Mini Mart, Sam is the owner of the SuperAmerica Mini Mart, and together they are the only two gas stations in town. Currently, they both charge $3 per gallon, and each earns a profit of $1,000. If Savannah cuts her price to $2.90 and Sam continues to charge $3, then Savannah's profit will be $1,350, and Sam's profit will be $500. Similarly, if Sam cuts her price to $2.90 and Savannah continues to charge $3, then Sam's profit will be $1,350, and Savannah's profit will be $500. If Sam and Savannah both cut their price to $2.90, then they will each earn a profit of $900.
The clear outcome of this game is that:
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ow do key details deepen the reader’s understanding of how the Black community worked together?
The excerpt emphasizes that thousands of leaflets were given out.
The excerpt lists the locations where the leaflets were dropped off.
The excerpt shows that many different people helped distribute the leaflets.
The excerpt states that the leaflets were distributed before the evening meeting.
Answers
Answer: Your welcome!
Explanation:
The key details in the excerpt deepen the reader's understanding of how the Black community worked together by showing the collective effort that went into distributing the leaflets. It demonstrates that a large number of leaflets were distributed to many different locations, that a diverse group of people were involved in the effort, and that the leaflets were distributed in advance of the evening meeting. This indicates the level of organization and collaboration within the Black community, as it took a concerted effort to coordinate the distribution of so many leaflets. It also shows the commitment of the community to their cause, as they were willing to put in the time and effort to ensure that their message would be heard.
mutually cancelling advertising by oligopolistic firms tends to improve economic efficiency in the industry. (True or False)
Answers
The statement is false because mutually cancelling advertising by oligopolistic firms does not necessarily improve economic efficiency in the industry, and can even have negative consequences.
Advertising can provide important information to consumers about the features and benefits of different products, leading to more informed consumer choices and increased competition between firms. When firms agree to mutually cancel advertising, it can lead to reduced competition, lower innovation, and higher prices for consumers.
Furthermore, if firms are colluding to mutually cancel advertising, it can be a sign of anti-competitive behavior and harm competition in the market. Therefore, it is important to consider the specific circumstances and effects of advertising and collusion in any given industry before concluding whether it improves economic efficiency or not.
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Do you believe the government should play a role in speeding up or slowing down the economy
Answers
Answer:
Yes I do believe they should because it is important to speed up economy's rate of growth
loans and deposits within a bank (financial intermediation institution) are:
Answers
Loans and deposits within a financial intermediation institution are essential for the proper functioning of the banking system.
Banks operate on a simple principle of taking deposits from customers and lending those funds to other customers in the form of loans. This process is known as financial intermediation and is the backbone of the banking industry. Banks play a crucial role in the economy by providing credit to businesses and individuals, which enables them to grow and invest. The loans that banks provide are typically secured by collateral, such as property or inventory, which reduces the risk of default.
Deposits, on the other hand, are the primary source of funding for banks and are used to finance their lending activities. Banks pay interest on deposits to attract funds and offer loans at higher interest rates to earn a profit. In summary, loans and deposits are two fundamental components of financial intermediation, which ensure the stability and growth of the banking sector.
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To be eligible for federal grants to pay for college, a student must _____.
(PLATO CORRECT ANSWER ONLY)
A. attend either a public university or community college
B. complete one year of college in good standing
C. complete the FAFSA before the deadline
D. be able to pay more than half the tuition
Answers
as the police chief or sheriff, which of the above shift schedules would you implement at your lawenforcement organization, and why? would you prefer rotating or fixed shifts and days off, and why?
Answers
As the police chief or sheriff, the decision regarding which shift schedule to implement at your law enforcement organization would depend on various factors such as the size of the organization, the needs of the community, and the resources available.
One option is a rotating shift schedule where officers work different shifts on a regular basis. This can provide a level of variety and flexibility, ensuring that officers gain experience working during different times of the day and night. It can also help distribute the workload evenly among the officers. For example, a rotating shift schedule could include morning, afternoon, and night shifts that officers alternate between.
On the other hand, a fixed shift schedule involves officers working the same shift consistently. This can provide stability for officers, allowing them to establish regular routines and maintain a better work-life balance. It can also be easier to plan for scheduling purposes, as officers will have predictable days off. For example, a fixed shift schedule could include officers consistently working the morning shift.
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According to the video, what products were made by Biomedical Engineers?
imaging systems
prescription drugs
artificial limbs
lasers for surgery
naturopathic
Answers
Answer:
Imaging systems
artificial limbs
lasers for surgery
Explanation:
I just did the assignment
Answer:
→imaging systems←
→artificial limbs←
→lasers for surgery←
( 1, 3, and 4)
Explanation:
Doing the Assignment, but I hope this helps
The person above is correct so all credit to them↑↑
You purchase ten shares of corporate stock for $80 per share. Your friend says "I just applied the asset value formula to that stock you just bought. That company's annual profit per share is one dollar and fifty cents, and the annual safe yield is 6%. I really can't understand why you thought buying those shares was a good idea." 11) Your friend has just claimed that a) That company's stock is in an asset price bubble. b) The safe yield is likely to continue to drop. c) The company has a well-differentiated product. d) The company's current stock price reflects a very low risk of losing your money. 12) You assert that the stock was a good purchase at the price you paid because a) The company's products will be less differentiated in the future. b) In the near future, interest rates are expected to be higher. c) The company faces low opportunity costs. d) The company's total revenue is expected to grow at a faster rate than its total costs. 13) In the decade leading up to the burst of the housing bubble (2008-9), which of the following groups did NOT have a rational argument to support their actions? a) Home buyers who purchased more expensive homes than they could afford. b) Loan officers of local banks that gave loans to buyers whose circumstances meant there was significant risk that they would be unable to pay these off. c) Individuals at asset rating firms who rated very risky final assets AAA (super-safe). d) None of the above-they all had rational arguments to support their actions. 14) Which of the following concepts most directly supports the argument that in two countries with equal per capita income, people in the country with less economic inequality will be, on average, happier? a) Home Equity b) Tangible Social Capital c) Diminishing Marginal Utility d) Variable Pricing 15) A condo is purchased for $300,000, of which 85% is covered by the mortgage. Ten years later, the market price of the condo has risen by 30%, while 40% of the mortgage debt has been paid off. How much equity has the owner gained since the time of purchase? a) $192,000 b) $210,000 c) $237,000 d) $243,000 16) Which one of the following is an example of intangible private capital? a) A guitar "sideman's" reputation for learning complicated parts quickly and accurately. b) A treasury bill, representing a loan of money to the government. c) A building which serves as a dance club. d) A sewer system which enables a city to dispose of its waste in a sanitary way.
Answers
Low risk of losing money reflected in the stock price. The company's revenue is expected to outpace costs. No rational arguments for all mentioned groups. Diminishing marginal utility supports less economic inequality and higher average happiness. Equity gained: c) $237,000. Guitarist's reputation as intangible private capital. Options are d, d, d, c, c, and a.
11) d) The company's current stock price reflects a very low risk of losing your money.
Your friend's statement implies that the company's annual profit per share and the safe yield (6%) are indicators of low risk associated with the stock. Therefore, option d) suggests that the current stock price reflects a low risk of losing money.
12) d) The company's total revenue is expected to grow at a faster rate than its total costs.
Your assertion implies that the stock was a good purchase because the company's total revenue is expected to outpace its total costs in the future. This suggests potential profitability and growth prospects, making the stock a favorable investment.
13) d) None of the above - they all had rational arguments to support their actions.
In the context of the housing bubble, each group mentioned had some rational argument to support their actions, although the rationality may have been flawed or based on incomplete information. Therefore, option d) suggests that all the mentioned groups had rational arguments to support their actions.
14) c) Diminishing Marginal Utility
The concept of diminishing marginal utility supports the argument that in two countries with equal per capita income, people in the country with less economic inequality will be, on average, happier. As income increases, the additional utility or happiness gained from each additional unit of income decreases. Thus, reducing economic inequality can lead to a more equitable distribution of resources and higher average happiness.
15) c) $237,000
To calculate the equity gained, we need to determine the increase in the market price of the condo and subtract the remaining mortgage debt. The market price of the condo increased by 30% (30% * $300,000 = $90,000). Additionally, 40% of the mortgage debt was paid off (40% * 85% * $300,000 = $102,000). Therefore, the equity gained is $90,000 - $102,000 = -$12,000, which indicates a loss rather than a gain.
16) a) A guitar "sideman's" reputation for learning complicated parts quickly and accurately.
Intangible private capital refers to non-physical assets or resources that contribute to an individual's or organization's productivity and value. A guitar sideman's reputation for learning complicated parts quickly and accurately represents intangible skills and expertise, making an option a) the example of intangible private capital.
Options are d, d, d, c, c, and a.
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Which of the following is a cost, or consequence, of choosing an investment account, such as a CD, over a traditional savings account?
A. Investments will typically earn a higher rate of interest.
B. Investments usually limit access to the deposited funds.
C. Investments that lose value can reduce credit scores.
D. Investments offer greater security from fraud and theft.
Answers
According to accounting principles, the consequence of choosing the investment over a traditional savings account is that Investments usually limit access to the deposited funds.
What is an investment?An investment is a term that a used to describe the purchase made with the expectation of building income or capital growth.
Usually, an asset's value increasing over time is referred to as appreciation. When a person invests in a good, they do not intend to use it as a source of immediate consumption, but rather as a tool for future wealth production.
Investments are financial commitments made to acquire assets in the hopes that their value would rise over time. Investment necessitates the loss of a current resource, such as time, money, or effort. In the world of finance, investing is done to benefit from the asset being put to use.
Hence, in this case, it is concluded that the correct answer is Investments usually limit access to the deposited funds.
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Answer: Investments usually limitaccess to the deposited funds.
Explanation:yw
The term _________________ refers to the additional utility provided by one additional unit of consumption.
Answers
Answer:
Marginal Utility
Explanation:
Marginial Utility is the term used to describe the additional amount of utility (utils) given by consuming one additional unit of a product.
For example, the first bite of a cupcake could be 20 utils.
If the second bite of cupcake adds 15 utils (up to 35 utils), then the marginal utility is 15 utils.
The Morrit Corporation has $1,080,000 of debt outstanding, and it pays an interest rate of 11% annually. Morrit's annual sales are $6 million, its average tax rate is 25%, and its net profit margin on sales is 3%. If the company does not maintain a TIE ratio of at least 6 to 1, then its bank will refuse to renew the loan, and bankruptcy will result. What is Morrit's TIE ratio?
Answers
Answer:
3.020
Explanation:
Morrit Corporation
interest amount = $1,080,000*.11 = $118,800
Net profit = 3% *$6,000,000= $180,000
Net profit + tax = profit before tax =
180000/.75 = 240000
Profit before tax + Interest = Earning before interest and tax
= $240,000+$118,800 = $358,800
TIE ratio= EBIT/Interest = $358,800/118,800
= 3.020
Therefore the TIE ratio is 3.020
Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
Answers
1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
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Jonathan is a photographer. He has been hired by a company to shoot an advertisement for their product. Which role does Jonathan play in the advertising process for the product? Jonathan plays the role of a in the advertising process for the product.
Answers
Jonathan is a photographer. He has been hired by a company to shoot an advertisement for their product. Jonathan plays the role of a consultant in the advertising process for the product.
What is a consultant?Generally, A professional who, in addition to providing advice, engages in additional activities that serve a purpose related to their area of expertise is known as a consultant. As a kind of contingent labor, consulting services are often classified as falling within the umbrella of professional services.
Consultants, who are often known as management consultants, assist businesses in dealing with change and finding solutions to issues in order to make such businesses run more effectively and, as a result, more financially.
In order to assist their client organizations in becoming more successful in their commercial endeavors, consultants provide them with guidance and knowledge.
In conclusion, Since Jonathan was brought in from outside the organization to do a particular task, I would classify him as a contract employee, sometimes known as a consultant.
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CQ
Jonathan is a photographer. He has been hired by a company to shoot an advertisement for their product. Which role does Jonathan play in the advertising process for the product? Jonathan plays the role of a ____ in the advertising process for the product.
When gas prices are $2.73 per gallon, the annual supply for gas in New York State is 135 billion gallons and the annual
demand is 141 billion gallons. When the price increases to $3.26 per gallon, the annual supply increases to 147 billion gallons and the
demand decreases to 137 billion gallons.
(a) Assuming that the supply and demand equations are linear, Ofind the supply and demand equations.
Supply Equation p =
Demand Equation p =
Note: The equations should be in the form p = mq + b where p denotes the price (in dollars) and q denotes the quantity (in billions).
The slope and y-intercept should include 3 decimal places, or be left as fractions.
(b) Find the market price and quantity.
market price p =
market quantity q =
Note: The market price and quantity should include 3 decimal places (or left as fractions), and the market price should include a dollar
sign.
Answers
The supply equation is p = 0.044q - 3.21.
How to compute the supply equation?The supply will be:
p = mq + b
2.73 = 135m + b
3.26 = 147m + b
Subtract both equations
12m = 0.53
m = 0.53/12
m = 0.044
We'll substitute it and this will be:
2.73 = 135m + b
2.73 = 135(0.044) + b
2.73 = 5.94 + b
b = -5.94 + 2.73 = -3.21
The supply equation will be
p = mq + b
p = 0.044q - 3.21
The demand equation will be:
2.73 = 141m + b
3.26 = 137m + b
Subtract the equations
4m = -0.53
m = -0.1325
2.73 = 141m + b
2.73 = 141(-0.1325) + b
b = 2.73 + 18.68
b = 21.41
The demand equation will be
p = -0.1325q + 21.41.
The equilibrium condition will be:
0.044q - 3.21 = -0.1325q + 21.41.
0.044q + 0.1325q = 21.41 + 3.21
0.1765q = 24.62
q = 140
Equilibrium quantity = 140
The market price will be:
p = 0.044q - 3.21
p = 0.044(140) - 3.21
p = 2.95
The market price is 2.95.
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why is etiquette important in debate tournaments
Answers
arch 31, 2018, Gardner Corporation received authorization to issue $50,000 of 9 percent, 30-year bonds payable. The bonds pay interest on March 31 and September 30. The entire issue was dated March 31, 2018, but the bonds were not issued until April 30, 2018. They were issued at face value.
Prepare the journal entry at April 30, 2018, to record the sale of the bonds.
Date Description Debit Credit 50,000+375
April 30, 2018 Cash 50,375
Bonds payable 50,000
Interest payable 375 (50,000*9%*1/12month)
Prepare the journal entry at September 30, 2018, to record the semi-annual bond interest payment.
Date Description Debit Credit (50,000*9%*1/12month)
Sep 30, 2018 Interest payable 375 (50,000*9%*5/12month)
Interest expense 1,875
Cash 2,250 375+1,875
Prepare the adjusting entry at December 31, 2018, to record bond interest expense accrued since September 30, 2018. (Assume that no monthly adjusting entries to accrue interest expense had been made prior to December 31, 2018.)
Explain why the issuing corporation charged its bond investors for interest accrued in April 2018, prior to the issuance date (see part b).
Answers
The adjusting entry at December 31, 2018, to record bond interest expense accrued since September 30, 2018, would involve recognizing the interest expense that has accrued but not yet been paid.
The entry would debit Interest Expense and credit Interest Payable. The amount to be recorded as Interest Expense would be the interest accrued from October 1, 2018, to December 31, 2018, based on the face value of the bonds and the stated interest rate. The issuing corporation charged its bond investors for interest accrued in April 2018, bonds were issued with a provision that the interest would be payable on March 31 and September 30.
This means that interest starts accruing from the date of authorization, regardless of when the bonds are actually issued. By charging interest accrued in April 2018, the issuing corporation compensates the bond investors for the time value of their investment from the authorization date until the issuance date.
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1) Sally and James' daughter just turned 5 and they have some money that they could set aside for
their daughter. They want to make sure she will have $12,500 for her 17th birthday so she could use
that
money
to
go on an overseas trip. If they found an account that would pay 3.9% annual interest,
How much do they have to put into the account now? *
Answers
Answer:
$7,898
Explanation:
The $12,500 is equivalent to the future value of the invested amount.
using the formula
where A is future amount,
Pi= principal or invested amount,
t = time 12 years ( the difference between 17 and 5 years)
r= is interest rate of 3.9% or 0.039 %
A = P(1 +rt)^n
$12,500= P(1 +0.039)^12
$12,500 = P(1.5827)
P=$12,500/1.5827
P= $7,897. 89
P=$7,898