Option a is the correct answer. In a financial report, the bottom line of a company's finances would be found in the income statement.
What is an income statement?An income statement or profit and loss account and also known as a profit and loss statement (P&L), statement of profit or loss, revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement or statement of operations is one of a company's financial statements that displays the revenues and expenses incurred by the company over a specific time period. It explains how the revenues, or "top line," are converted into net income or net profit (the result after all revenues and expenses have been accounted for). The income statement's goal is to demonstrate to managers and investors whether the business gained money (profit) or lost money (loss) during the reporting period.To know more about income statement, visit:
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How could a new manager use Vineet Nayar's principle of "employees first, customers second (EFCS)"?
Employing a bossless environment
Recognizing and providing learning opportunities as needed
Keeping tabs on every detail of an employee's project
Keeping the status quo in their current environment
Answer:
Vineet Nayar's principle of "employees first, customers second" suggests that a manager should prioritize the well-being and development of their employees in order to ultimately improve the experience for customers. There are several ways a new manager could put this principle into practice:
Implementing a "bossless" environment: One way to empower employees is by creating a flat organizational structure where decision-making is decentralized. This can create a sense of ownership among employees, and they may feel more motivated to work towards achieving company goals.
Recognizing and providing learning opportunities: A manager can invest in the development of their employees by recognizing their strengths and providing them with opportunities to learn new skills. This can help employees to advance in their careers, which can ultimately lead to a more motivated and engaged workforce.
Keeping tabs on every detail of an employee's project: A manager who is invested in the success of their employees will want to stay informed about the progress of their projects. Keeping close tabs on an employee's project can help a manager to identify and address any roadblocks or issues that might be preventing the employee from reaching their full potential.
Keeping the status quo: The principle of EFCS is not about keeping everything the same, the idea is to focus on employee first and they will bring the change that customer needs. A manager should be open to change and experimentation. While it's important to maintain a sense of stability in the workplace, it's also important to be open to new ideas and approaches to improving the experience for both employees and customers.
It's worth noting that implementing EFCS takes time and needs to be approached with a sense of empathy. Putting this principle in practice requires a manager to have a deep understanding of their employees' needs and aspirations, and to be willing to make changes to the organization and to their own management style in order to create a more positive and fulfilling work environment for everyone.
The current stock price of Alcoa is $25, and the stock does not pay dividends. The instantaneous risk-free rate of return is 4%. The instantaneous standard deviation of Alcoco's stock is 30%. You want to purchase a put option on this stock with an exercise price of $30 and an expiration date 30 days from now. According to the Black-Scholes OPM, you should hold __________ shares of stock per 100 put options to hedge your risk.
Answer:
≈66 shares
Explanation:
Given data:
Current price ( S ) = $25
strike price ( K ) = $30
risk free rate ( r ) = 4% = 0.04
Standard deviation ( std ) = 30% = 0.3
In( s/k ) = In ( 25/30 ) = -0.1827
t = 30 / 365
To determine the number of shares of stock per 100 put options to hedge the risk we will apply the relation below
Number of shares to hedge risk = | N(d1) - 1 | * 100 ----- ( 1 )
where :
[tex]d1 = \frac{In(\frac{s}{k}) + ( r +\frac{std^2}{2})*t }{std\sqrt{2} }[/tex]
N(d1 ) = cumulative distribution function = 0.3394
back to equation 1 = 0.6606 * 100 = 66 shares
attached below is the remaining part of the solution
According to O*NET, what are common skills needed by Psychiatrists? Check all that apply.
social perceptiveness
operation monitoring
speaking
active listening
troubleshooting
equipment selection
According to O*NET, the common skills that is needed by Psychiatrists are:
a. Social perceptiveness
c. Speaking
d. Active listening
Who is a Psychiatrists?A Psychiatrists can be defined as the person whose job is to treat people with mental disorder and to always create awareness about the preventive measure people should make use of so as to prevent mental disorder as by doing this will help to reduce the rate of people with mental disorder.
A Psychiatrists should tend to possess social perceptiveness skills as this will enables him/her to know the reaction of people including the reason why people react or act they way they does.
A Psychiatrists should as well possess speaking skills as well as active listening as this can help to lead to effective communication between the Psychiatrists and the patient. This will enables the patients to pay full attention to what Psychiatrists is communicating to them.
Therefore the correct option are A, C, D.
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Answer:
Explanation:
acd
Reliance Corporation has provided the following information for the year ended December 31, 2019:
The equipment account balance increased $202,000.
The equipment accumulated depreciation account balance increased $35,200.
Equipment costing $50,400 was sold during the year resulting in a $10,300 gain.
Depreciation expense recorded on the equipment during the year was $65,200.
Which of the following statements is correct with respect to determining cash flow from operating activities?
A. A $258,400 cash outflow is reported for equipment purchases.
B. A $62,450 cash inflow is reported from the equipment sale.
C. A $207,000 cash outflow is reported for equipment purchases.
D. A $51,400 cash outflow is reported for the equipment sale.
Answer:
Reliance Corporation
The cash flow from operating activities related to the equipment account is $54,900.
This involves the adjustment of the net income with the depreciation expense for the year ($65,200) and the gain from the sale of the equipment (-$10,300).
Therefore, none of the answers from A to D is correct. The cash outflow for equipment purchases is not an operating activity. The cash inflow from equipment sale is not an operating activity.
Explanation:
a) Data and Calculations:
Increase in equipment account balance = $202,000
Increase in equipment accumulated depreciation account balance = $35,200
Depreciation expense on equipment during the year = $65,200
Accumulated depreciation on equipment sold = $30,000 ($65,200 - $35,200)
Cost of equipment sold = $50,400
Book value of equipment sold = $15,200 ($50,400 - $35,200)
Depreciation expense = $65,200
Gain from the sale of equipment = (10,300)
Cash flow from operating activities $54,900
Which do you think is the best interest when you save money? Explain your answer.
When saving money, the best interest would be A. Based on financial goals and risk tolerance.
What determines the best interest when saving money ?The best interest when saving money will depend on the individual's financial goals and risk tolerance. Generally speaking, the best interest rate on savings accounts is the one that offers the highest return on investment while also being safe and accessible.
It's important to keep in mind that the best option will depend on the individual's financial goals, risk tolerance, and the amount of money they have to save. For short-term goals, a high-yield savings account or a CD may be the best option. For longer-term goals, an investment in bonds or money market funds may be more appropriate. Consult with a financial advisor or a professional before making any decision.
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Options for this question include:
Based on financial goals and risk tolerance. Based on the amount of money to be madeBased on the location of the investmentTrini Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 9,800 direct labor-hours will be required in May. The variable overhead rate is $3.10 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $117,440 per month, which includes depreciation of $10,610. All other fixed manufacturing overhead costs represent current cash flows. The May cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:
Answer:
Total overhead= $137,210
Explanation:
First, we need to deduct the depreciation expense from the fixed overhead. Depreciation is not a cash cost.
Fixed overhead= 117,440 - 10,610= $106,830
Now, the cash disbursement for total overhead:
Variable overhead= 3.1*9,800= 30,380
Fixed overhead= 106,830
Total overhead= $137,210
What are the specific characteristics that define the private enterprise system? How does this type of system encourage innovation? Provide an example that helps to illustrate this and explain.
Plimpton Company produces countertop ovens. Plimpton uses a standard costing system. The standard costing system relies on direct labor hours to assign overhead costs to production. The direct labor standard indicates that two direct labor hours should be used for every oven produced. The normal production volume is 100,000 units. The budgeted overhead for the coming year is as follows:
Fixed overhead $770,000
Variable overhead 444,000
Plimpton applies overhead on the basis of direct labor hours. During the year, Plimpton produced 97,000 units, worked 196,000 direct labor hours, and incurred actual fixed overhead costs of $780,000 and actual variable overhead costs of $435,600.
Required:
1. Calculate the standard fixed overhead rate and the standard variable overhead rate.
2. Compute the applied fixed overhead and the applied variable overhead.
What is the total fixed overhead variance?
What is the total variable overhead variance?
3. Break down the total fixed overhead variance into a spending variance and a volume variance.
Spending Variance $
Volume Variance $
4. Compute the variable overhead spending and efficiency variances.
5. Now assume that Plimpton’s cost accounting system reveals only the total actual overhead. In this case, a three-variance analysis can be performed. Using the relationships between a three- and four-variance analysis, indicate the values for the three overhead variances.
Answer:
Explanation:
Hours Required Per Unit = 2
Production Volume = 100,000
Total Hours required = 200,000 units
1. The standard fixed overhead rate will be:
= Fixed overhead/Total hours required
= $770,000/200,000
= $3.85/hour
The standard variable overhead rate will be:
= Variable Overhead /Total Hours required
= $440,000/200000
= $2.22 /hour
2. The applied fixed overhead will be:
= standard fixed overhead rate × actual production × hours required per unit
= 3.85 × 97000 × 2
= $746,900
The applied variable overhead will be:
= standard variable overhead rate × actual production × hours required per unit
= 2.22 × 97000 × 2
= $430,680
The total fixed overhead variance will be:
= Actual overhead - Standard overhead
= $435600 - $430680
= $4920
The total variable overhead variance will be:
= $780000 - $746900
= $33100
3. The spending variance of the total fixed overhead variance will be:
= (3.85 × 200000) - 780000
= -10000
The volume variance of the total fixed overhead variance will be:
= 746900 - (3.85 × 200000)
= -23100
4. The variable overhead spending variance will be:
= (2.22 × 196000) - 430680
= -480
The variable overhead efficiency variances will be:
= 430680 - (2.22 × 196000)
= -4440
5. Based on the information given, the variances will be:
Volume Variance = -23100
Efficiency Variance = -4440
Spending Variance = (-480-10000) = -10480
Vegetarian Delights has been experiencing declining market conditions for its specialty foods division. Management decided to test the operational assets of the division for possible impairment. The test revealed the following: book value of the division's assets, $34.0 million; fair value of the division's assets, $25 million; sum of estimated future cash flows generated from the division's assets, $27 million. What amount of impairment loss should Vegetarian Delights record
Answer: $9 million
Explanation:
Based on the information given in the question, the amount of the impairment loss that Vegetarian Delights should record will be calculated as:
Book value of division's asset = $34.0 million
Less: Fair value of divisions asset = $25 million.
Impairment loss = $34million - $25million = $9 million
On June 30, 2020, Sage Company issued $3,551,000 face value of 13%, 20-year bonds at $3,818,140, a yield of 12%. Sage uses the effective-interest method to amortize bond premium or discount. The bonds pay semiannual interest on June 30 and December 31. Your answer is partially correct.
Prepare the journal entries to record the following transactions. (Round answer to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts,
(1) The issuance of the bonds on June 30, 2020.
(2) The payment of interest and the amortization of the premium on December 31, 2020.
(3) The payment of interest and the amortization of the premium on June 30, 2021.
(4) The payment of interest and the amortization of the premium on December 31, 2021.
Answer: See attachment
Explanation:
The journal entry to record the transactions has been attached.
1. The issuance of the bonds on June 30, 2020.
Debit Cash $3818140
Credit Premium on bonds payable $267140
Credit Bonds payable $3551000
(2) The payment of interest and the amortization of the premium on December 31, 2020.
Debit Interest expense $229088.4
Debit Premium on bonds payable $1726.6
Credit Cash $230815
(3) The payment of interest and the amortization of the premium on June 30, 2021.
Debit Interest expense $228984.8
Debit Premium on bonds payable $1830.2
Credit Cash $2380815
(4) The payment of interest and the amortization of the premium on December 31, 2021.
Debit Interest expense $228975
Debit Premium on bonds payable $1940
Credit Cash $230815
Question 6 of 10
Why is it important to assign blame in the case of workplace accidents?
A. While it is important to try to prevent accidents, it is not important
to assign blame.
O B. To determine what caused an accident and how similar accidents
can be prevented in the future
O c. So whoever caused an accident will be appropriately punished
D. To fire workers who caused their own injuries
SUBMIT
Answer: To determine what caused an accident and how similar accidents can be prevented in the future
Explanation:
It is important to assign blame in the case of workplace accidents in order to determine what caused it and how similar accidents can be prevented in the future.
Why is blame assignation important after an accident?It is important in order to avoid a re-occurrence of the accident and to ensure that proper measures are taken by whoever is responsible.
It also ensure that everybody learns to keep safety as a watch word to ensure that accidents are almost eradicated at work.
Therefore, the Option B is correct.
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A 10-K financial report includes which
of the following financial statements?
A. Statement of Stock Flows
B. Statement of Cash Flows
C. Statement of Debt Flows
The Statement of Stock Flows and Statement of Debt Flows are not included in a 10-K financial report.
What is Stock Flows?Stock Flows is an investment strategy that involves buying and selling stocks with the aim of generating profits from short-term price movements. This strategy focuses on technical analysis to identify price trends and momentum, which can be used to predict when to buy and sell stocks. By carefully timing their trades, investors can capitalize on small movements in stock prices to generate returns. Stock Flows takes advantage of short-term market volatility to capture profits, and it is often used by traders and investors who are looking to profit from stock market movements in the short-term.
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3. You should always make sure you have a...
Credit card
Direct deposit
Credit line
Budget
You must therefore make sure we have a budget, goes their suggested remark.
What makes it a budget?Budgeting comes derived from this same Old French word bougette, which means "small sack." The British treasurer of the Exchequer is referred to as "opening" his budget, or basket of documentation and accounts, when he presents his yearly financial statement.
Who created the budget?James Wilson delivered a first Indian Budget dated February 18, 1869. Wilson founded The Economist and served as the economic representative of the India Council, which provided advice to the viceroy of India. Karl Marx referred him Wilson as a "economical mandarin of great standing."
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here are seven firms in the automobile industry. The market shares of the firms are 34 percent, 21 percent, 17 percent, 9 percent, 8 percent, 6 percent and 5 percent. Assume that the two (2) smallest companies (in terms of market share) in the automobile industry seek to merge in an effort to realize economies of scale and effectively compete with the larger companies in the industry. If so, then most likely
Answer:
The answer is "Option 4".
Explanation:
The Herfindahl-Hirschman Index formula:
[tex]HHI=s_{12} + s_{22} + s_{32} + s_{42} +........ + s_{n2}[/tex]
here sn is the firm n's share of the market proportion represented the society in general number instead of a decimal
Index Herfindahl-Hirschman:
[tex]= (34)^2 + (21)^2 + (17)^2 + 92 + 82 + 62 + 52\\\\= 1156 + 441 + 289 + 81 + 64 + 36 + 25\\\\= 2092[/tex]
Index Herfindahl-Hirschman(Result of the merger, firms with profit margins of 6% and 5% provided market shares of respectively).
[tex]= (34)^2 + (21)^2 + (17)^2 + 92 + 82 + 112\\\\= 1156 + 441 + 289 + 81 + 64 + 36 + 121\\\\= 2188[/tex]
The market with just an HHI of less than 1,500 is called a competitive industry, one on an HHI of 1,500 to 2,500 is called a moderately competitive store, and one on an HHI of 2,500 or higher is considered a highly potent store by us Justice department.
All businesses operate in a moderately crowded market, as well as a merger such as this reduces competition (increases chances of monopoly). Also as result, the Justice Dept may examine its merger but will most likely deny this because the Herfindahl-Hirschman index has risen.
Not all industries and not all firms have sufferedequally during COVID-19. Find two industries: one that suffered tremendously and one that suffered less. Then find two firm within each other of the two industries: one
that suffered tremendously and one that improved performance (total of four firms). Investigate what are behind their performance differences.
Wide-ranging effects on company turnover between and within "high-contact" industries, including wholesale and retail, transportation and storage.
What sectors of the economy were unaffected by COVID?Administrative and waste management services and professional, scientific, and managerial services are the other two areas that COVID-19 has least of an impact on. Real estate, finance & insurance, and rental & leasing.
What impact has COVID-19 had on the business field sector?During the coronavirus pandemic in 2020, 6.0 percent of businesses cancelled, 9.7 percent postponed, 8.2 percent lowered, and 1.5 percent increased part of their anticipated capital expenditures. A total of 1.7 percent of businesses made new, unplanned capital investments.
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Boone Co.'s sales, based on past experience, are 20% cash and 80% credit. Credit sales are typically collected as follows: 40% in the month of sale, 50% in the month after the sale, and 10% in the second month following month of sale. On December 31, the accounts receivable balance is $73,500, of which $27,000 is from November sales. Total sales for January and February are budgeted to be $113,000 and $133,000, respectively. What are Boone Co.'s budgeted cash receipts for January
Answer:
$135,260
Explanation:
Remember to follow the cash collection history to determine the budgeted cash receipts for January.
Budgeted cash receipts for January
January Cash Sales $113,000 x 20% $22,600
January Credit Sales $113,000 x 80% x 40 % $36,160
December Credit Sales ($73,500 - $27,000) $46,500
November Credit Sales $27,000
Total $135,260
Therefore,
Boone Co.'s budgeted cash receipts for January is $135,260
Amy, Becky, and Chau form a business entity with each contributing the following. Adjusted Basis Fair Market Value Amy: Cash $100,000 $100,000 Becky: Land $60,000 120,000 Chau: Services 50,000 Their ownership percentages will be as follows. Amy 40% Becky 40% Chau 20% Becky's land has a $20,000 mortgage that is assumed by the entity. Chau is an attorney who receives her ownership interest in exchange for legal services. Determine the recognized gain to the owners, the basis for their ownership interests, and the entity's basis for its assets under each entity scenario.
How does a decrease in the price level affect the quantity of real GDP supplied in the long run?
A. Changes in the price level do not affect the level of GDP in the long run.
B. In the long run, a decrease in the price level increases inflation, which will decrease real GDP.
C. In the long run, a decrease in the price level will increase real GDP.
D. In the long run, a decrease in the price level decreases inflation, which will decrease real GDP
Alexia is geographically large and represents a sizable market for a wide range of products. It has a potential for significant growth. It is considered as the regional economic driver. Based on this information, Alexia can be classified as a(n) _____. Group of answer choices contestable market big emerging market two-sided market captive market niche market
Answer:
Alexia is geographically large and represents a sizable market for a wide range of products. It has a potential for significant growth. It is considered as the regional economic driver. Based on this information, Alexia can be classified as a(n) big emerging market. Group of answer choices contestable market big emerging market two-sided market captive market niche market
You are the sales forecaster for a computer store that has nine locations. The stores depend on your projections of future sales in order to make decisions on staffing, advertising, purchasing, and the like. All stores are similar in size and merchandise selection. However, sales vary by location due to geographic considerations, differing customer-bases, and random fluctuations. Sales for 2006 were as follows:
Store 2006 2008
One $12,000,000
Two 11,500,000
Three 11,000,000
Four 10,500,000
Five 10,000,000
Six 9,500,000
Seven 9,000,000
Eight 8,500,000
Nine 8,000,000
Your economic forecasting service has estimated that total sales between 2006 and 2008 should increase by 10% (equivalent to $99,000,000). Your task is to predict 2008 sales for each store. Since your manager believes strongly in the economic forecasting service, it is imperative that your total sales equal $99,000,00
Answer:
A Computer Store
Prediction of 2008 Sales
Store 2006 Predicted 2008 Sales
One $12,000,000 $13,200,000
Two 11,500,000 12,650,000
Three 11,000,000 12,100,000
Four 10,500,000 11,550,000
Five 10,000,000 11,000,000
Six 9,500,000 10,450,000
Seven 9,000,000 9,900,000
Eight 8,500,000 9,350,000
Nine 8,000,000 8,800,000
Total $90,000,000 $99,000,000
Explanation:
a) Data and Calculations:
Estimated increase in total sales between 2006 and 2008 = 10%
Total Sales in 2006 = $90,000,000
Total Sales in 2008 = $99,000,000 ($90,000,000 * 1.1)
Store 2006 Predicted 2008 Sales
One $12,000,000 $13,200,000 ($12,000,000 * 1.1)
Two 11,500,000 12,650,000 ($11,500,000 * 1.1)
Three 11,000,000 12,100,000 ($11,000,000 * 1.1)
Four 10,500,000 11,550,000 ($10,500,000 * 1.1)
Five 10,000,000 11,000,000 ($10,000,000 * 1.1)
Six 9,500,000 10,450,000 ($9,500,000 * 1.1)
Seven 9,000,000 9,900,000 ($9,000,000 * 1.1)
Eight 8,500,000 9,350,000 ($8,500,000 * 1.1)
Nine 8,000,000 8,800,000 ($8,000,000 * 1.1)
Total $90,000,000 $99,000,000 ($90,000,000 * 1.1)
After a sluggish quarter, the Federal Reserve decides to increase the money supply in the economy. When the money-creation process is complete, the Fed wants there to be $20 billion worth of new funds in the money supply. If the required reserve ratio is 5%, what is the simple money multiplier, and by how much should the Fed initially increase the money supply
Answer:
20 and $1 billion
Explanation:
The computation is shown below"
We know that
Money multiplier = 1 ÷ required reserve ratio
= 1 ÷ 0.05
= 20
Now the amount that would increase the money supply is
= $20 billion ÷ $20
= $1 billion
Hence, in this way it should be determined so that the chances of getting right answers would be high
Therefore the same is relevant
Sales $ 576,000 $ 491,500 Variable costs 189,000 260,500 Traceable fixed costs 173,500 196,400 Allocated common corporate costs 123,900 143,100 Net operating income (loss) $ 89,600 $ (108,500 ) The management of Cook is considering the elimination of the West Division. If the West Division were eliminated, its traceable fixed costs could be avoided. Total common corporate costs would be unaffected by this decision. Given these data, the elimination of the West Division would result in an overall company net operating income (loss) of
Answer:
$(18,900)
Explanation:
Calculation to determine what the elimination of the West Division would result in an overall company net operating income (loss)
Using this formula
Net operating income (loss) = Net operating income of East division -Allocated common cost to West division
Let plug in the formula
Net operating income (loss)= $ 89,600 - $108,500
Net operating income (loss)= $(18,900)
Therefore the elimination of the West Division would result in an overall company net operating income (loss) of $(18,900)
Which of the following generally includes a Tally column? a. bar graph, b. pie chart, c. frequency distribution, d. range
Answer:
C. frequency distribution is the answer.
Explanation:
Question 8 of 19
Which of the following is a benefit of division of labor?
O A. Workers become better at their tasks.
B. Salaries increase.
C. Governments gain control of incentives.
D. Taxes outpace profits.
PLEASE PLEASE PLEASE NO LINKS!!!!!!!!!!!!
1. Large-denominated ($100,000 and more) time deposits
2. Noncheckable savings deposits
3. Currency (coins and paper money) in circulation
4. Small-denominated (less than $100,000) time deposits
5. Stock certificates
6. Checkable deposits
7. Money market deposit accounts
8. Money market mutual fund balances held by individuals
9. Money market mutual fund balances held by businesses
10. Currency held in bank vaults
Refer to the above list. The assets that are not included in either M1 or M2 are
(Points : 1)
items 1, 5, 9, and 10.
items 2, 5, 8, and 9.
items 1, 3, 5, 7, and 9.
all of the 10 items listed.
Answer:
items 1, 5, 9, and 10.
Explanation:
From the question, it is given that the large time deposits are not be in M1 or in M2. They are also not stock certificates, or the money market funds that may be held by the businesses, or by bank reserves.
Therefore, the correct answer is :
The items of 1, 5, 9 and 10 are not in M1 or in M2.
which one is correct about HRM
Human resource management or HRM is a very important factor in any business organisation. HRM means effective and efficient management of the employees working in the company.
What is HRM?Many business organisations are successful because of the right team and dedicated employees. They consider the employees as one of the greatest assets.
The human resource manager for the HR head of the department needs to be sensitive and understanding toward the problems or aspirations of the employees.
This would help to retain the hard-working and honest employees who would intern give a competitive advantage to the business.
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3. Discuss clearly each authors/contributors theories/principles/assumptions.
Authors are writers of a book or piece or writing.
Contributors give money or some form of wealth to a cause they are contributing to.
Theories are not considered facts but are based off of thoughts.
Principals are like guidelines to doing something in a better or good way. Assumptions are thinking that something is a certain way even though you may not have any evidence to support that.
What is functionalism social stability?Functionalism social stability has been known as the key to have a strong society, and adequate socialization and social integration are necessary to achieve social stability. Conflict theory society is full of pervasive inequality based on social class, gender, and other factors.
The theory, functional theory for instance, can be used to understand it by knowing that Society’s social institutions perform important functions to help ensure social stability. The essence of such show is to bring about social stability
Conflict theory can help understand that far-reaching social change is needed to reduce or eliminate social inequality and to create an egalitarian society while functional theory is used to understand the show for social stability, the other theory, conflict theory, us used to bring about social equality.
Therefore, Authors are writers of a book or piece or writing.
Contributors give money or some form of wealth to a cause they are contributing to.
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M9.5 Peter Sagan is in charge of maintaining hospital supplies at Champs Hospital. During the past year the mean weekly demand for a special type of tubing was 186 packages of this tubing with a standard deviation of 13 packages of tubing. The lead time for receiving this tubing from the supplier is 1.5 weeks. Peter would like to maintain a 95% service level and places an order for 750 packages every time an order is placed. a) How much safety stock should be used for a 95% service level
Answer:
26 packages
Explanation:
Given that:
The demand D = 186 packages in a week
Standard deviation = 13packages
The lead time L = 1.5 weeks
Order quantity Q = 750 packages
The Confidence service Level = 0.95
At the service level (SL) if we find the P(Z) of the SL using Excel, we have:
P(Z) = NORMSINV(0.95)
P(Z) = 1.64
Thus;
the safety stock = Z × SD√L
[tex]= 1.64 \times 13 \sqrt{1.5} \\ \\[/tex]
= 1.64 \times 13 (1.224745)
= 1.64\times15.92
= 26.11156
≅ 26 packages
A firm has a steady growth rate of 5% per year in its dividend and this growth rate is expected to continue indefinitely. Last year's dividend was $1.20. If the investor requires a 9% return, what is the value of this stock
Answer:
the value of the stock is $31.50
Explanation:
The computation of the value of the stock is shown below
As we know that
The value of the stock is = Dividend × (1 + growth rate) ÷ (required rate of return - growth rate)
= $1.20 × (1 + 0.05) ÷ (9% - 5%)
= $31.50
hence, the value of the stock is $31.50
We simply applied the above formula
Match each of the following phrases with the term it describes.
a. Summarizes actual costs, standard costs, and the differences for units produced
b. Actual cost > standard cost at actual volumes
c. Actual cost < standard cost at actual volumes
d. Currently attainable standard
e. Theoretical standard
1. Favorable cost variance
2. Normal standard
3. Ideal standard
4. Budget performance report
5. Unfavorable cost variance
Answer:
a. Phrase: Summarizes actual costs, standard costs, and the differences for units produced
Terms it describes: Budget performance report
b. Phrase: Actual cost > standard cost at actual volumes
Terms it describes: Unfavorable cost variance
c. Phrase: Actual cost < standard cost at actual volumes
Terms it describes: Favorable cost variance
d. Phrase: Currently attainable standard
Terms it describes: Normal standard
e. Phrase: Theoretical standard
Terms it describes: Ideal standard