Answer:
a. True
Explanation:
Black families all over the world embark and rely on and recognize extensive kinship. This practice helps them to survive when there are scarce resources. It also helps to overcome the other survival threats. In "The Flats" in Chicago as captured by Carol Stack in her dissertation, just as in all African societies, kinship is very pivotal to life and survival. People rely on their kins to climb the social ladder and to get out of poverty. The concept of "Boyerism" survives today based on kinship. This new cultural trend has ensured that boys from poor backgrounds transform their misfortune to fortune within six years.
What is an advantage that a sales force consisting of local nationals is likely to have over a sales force of expatriates
Answer:
Knowledge of customers
Explanation:
In simple words, the main advantage of having local individuals in sales force is their knowledge of the culture that the foreigners do not possess. This gives them an upper hand of knowing the needs and wants of the customers. A local individuals knows what new product or modifications to an existing products can lead to better sales in a country.
You own a stock portfolio invested 25 percent in Stock Q, 20 percent in Stock R, 10 percent in Stock S, and 45 percent in Stock T. The betas for these four stocks are 1.32, 1.26, 1.52, and 1.06, respectively. What is the portfolio beta?
Answer: 1.211
Explanation:
From the question, we are informed that an individual own a stock portfolio invested 25 percent in Stock Q, 20 percent in Stock R, 10 percent in Stock S, and 45 percent in Stock T and that the betas for these four stocks are 1.32, 1.26, 1.52, and 1.06, respectively.
The portfolio beta will be calculated as:
= (shares of Q × Beta of Q) + (shares of R × Beta R) + (shares of S × Beta S) + (shares of R * Beta T))/ Total Shares
=(25 × 1.32) + (20 × 1.26) + (10 × 1.52) + (45 × 1.06)/100
= (33 + 25.2 + 15.2 + 47.7) / 100
= 121.1/100
= 1.211
If the Federal Reserve lowers the target federal funds rate,
a. liquidity in the banking system is increased
b. the discount rate rises
c. securities prices fall
d. required reserves are decreased
Answer:
a. liquidity in the banking system is increased
Explanation:
Federal fund rate is the rate of interest where a depository institution lends the money that is maintained at the federal reserve for other depository institution. It would be applied to the creditworthy institution who is very creditworthy for the loans i.e. overnight
Now in the case when the federal reserve reduce the fund rate of target federal so the possibility of borrowing would be cheaper that rise the liquidity
Hence, the option a is correct
Premium priced products like those offered by Louis Vuitton are not likely to be distributed _______.
Answer:
b. intensively
Explanation:
Louis Vuitton products mostly deal with the suitcases, shoes, watches, jewelleries, sunglasses, etc. Their products would be sold via departments i.e. rental, online websites, stores, etc
So as per the given situation, their premium and pricing products could not be allocated intensively as for many people it cant be afforded due to the high prices.
So the correct option is b.
A firm has $848 in inventory, $1,740 in fixed assets, $668 in accounts receivable, $416 in net working capital, and $231 in cash. What is the amount of current liabilities
Answer:
$1,331
Explanation:
With regards to the above information, we need to calculate first current assets.
Current assets = $848 in inventory + $668 in accounts receivable + $231 in cash
Current assets = $1,747
Therefore,
Current liabilities = Current assets - Net working capital
Current liabilities = $1,747 - $416
Current liabilities = $1,331
Peters and Chong are partners and share equally in income or loss. Peters' current capital balance is $140,000 and Chong's is $130,000. Peters and Chong agree to accept Aaron with a 30% interest in the partnership. Aaron invests $98,000 in the partnership. The amount credited to Aaron's capital account is:
Answer:
$110,400
Explanation
Peters capital = $140,000
Chong's capital = $130,000
Aaron invest = $98,000
Total capital = $140,000 + $130,000 + $98,000
Total capital = $368,000
Aaron interest in the partnership is 30% = $368,000*30% = $110,400. Thtus, he amount credited to Aaron's capital account is $110,400.
Severance pay plans grant employees weekly benefits in addition to state unemployment compensation. True
Answer:
False
Explanation:
In simple words, Severance pay can be understood as a salary and/or incentives given to an individual by a company after the job is over. In order to help an individual obtain a new job, severance arrangements can include additional rewards, such as life care and observer ship support.
Thus, the weekly benefits are not included in this and the above statement is incorrect.
Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year:
Beginning Inventory Ending Inventory
Finished goods (units) 27,000 77,000
Raw material (grams) 57,000 47,000
Each unit of finished goods requires 3 grams of raw material. If the company plans to sell 140,000 units during the year, how much of the raw material should the company purchase during the year?
Answer:
560,000
Explanation:
The computation of the raw material purchased during the year is as follows:
Before that following calculations need to be done
Change in inventory = Ending Inventory - Begining Inventory
= 77,000 - 27,000
= 50,000
Now total units produced is
= Units sold + Increase in Inventory
= 140,000 + 50,000
= 190,000
To produce 190,000 units of finished goods the raw material needed is
= 3 grams × 190,000
= 570,000 grams
Now
Change in raw material = Ending raw material - Begining raw material
= 47,000 - 57,000
= -10,000
So,
Purchase of raw material = Raw material requirement - Decrease in raw material
= 570,000 - 10,000
= 560,000
Suppose in the year 2019, people spent $500 on durable goods, $600 on non-durable goods, and $900 on services. During the same year, the government paid a total of $600 to soldiers and police officers, spent $400 building missiles and highways, spent $200 total on welfare and unemployment benefits and $800 on social security payments. During this year the United States had imports totaling up to $600 while exporting $200 worth of goods and services. Finally, firms spent $600 on machines that will increase their productive capacity and they raised the amount of goods in their inventories from $200 at the beginning of the year to $500 at the end of the year. Please use this information to calculate total GDP for 2017.a. $2,300.b. $2,800.c. $3,200.d. $2,700.
Answer:
nba
Explanation:
nba
Suppose autonomous consumption is 550; there are no taxes; planned investment is 200; government spending is 250; exports are 100; and imports are 300. If equilibrium GDP is $8,000, what is the marginal propensity to consume?
Answer:
The marginal propensity to consume is 0.6
Explanation:
The computation of the marginal propensity to consume is shown below
Given that
Autonomous consumption = 550 = C
Planned investment = 200 = I
Government spending = 250 = G
Exports = 100 = X
Imports = 300 = M
Equilibrium level of GDP = $8,000 = Y
Now as we know that
The equation for aggregate demand is
Y = C + I + G +( X- M)
$8,000 = [550 + b × $8,000] + 200 + 250 + [100 - 300]
7,200 = 8,000b
b = 0.9
Hence, The marginal propensity to consume is 0.6
the sales associate sherri receives an offer to purchase a listed property which is accompanied by a post-dated check, what should she do?
Answer: Immediately give the check to her employee broker
Explanation:
A broker is a person or firm that works between an investor and a stock exchange as an intermediary,
On behalf of a customer, discount brokers conduct transactions, but usually don't offer trading advice. Execution services as well as personalized investment advice and strategies are offered by full-service brokers.
Chucky is always the one who is trying to ensure everyone gets along. He is always encouraging others to do their best. He is performing a ________ role.
production
maintenance
task
relational
social
Answer:
Chucky is always making sure he has his buddy the knlfe with him aswell.
maintenance.
Explanation:
How are producers of commodities like clothing or food affected differently by globalization than consumers?
Answer:
Producers of commodities can be benefited or affected by globalization, while consumers are always benefited.
Explanation:
When domestic producers of a commodity produce at a higher price than the world price, they are affected because demand for their commodities fall, since consumers flock to the cheaper alternative: the commodities that are sold at the lower gold price.
The opposite occurs if domestic producers' prices are lower than the world price: they are benefited because consumers flock to them.
Consumers, on the other hand, are always benefited because they can opt to buy the commodities at the lowest price possible thanks to the increased specialization and competition that globalization brings to the market.
Producers of commodities can be affected by globalization, while on the other hand, consumers are always benefited.
Reason of clothing or food affected differently by globalization than consumers:At the time when domestic producers of a commodity generated at a higher price as compared to the overall price, so this should be impacted since the demand should decline. Now in the case when the price of the domestic producer should be less than the price so it will be benefited to the consumers.
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When Ashland Plastics and Melamine Chemicals formed a joint venture to develop flame-resistant plastic sheeting, the relationship most likely ended as soon as the project was completed.
A. True
B. False
The statement" when the Ashland Plastics and Melamine Chemicals created the joint venture in order to establish the plastic sheeting i.e. flame-resistant so the relationship should be ended soon when the project was finished" is true.
The following information is related to the joint venture:
Joint venture is a business arrangement where the two or more parties are agreed to contribute their resources for attaining the particular task. It can be a new project or any other kind of business activity. It is treated as its own entity and distinct from the member who has other interests in the business.Therefore we can conclude that the correct option is A. as when the project was finished so the relationship should be ended.
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Suppose your boss has asked you to write a letter to a client about a problem with their order. What format of writing would you use, and what kind of style would you use to write? Justify your response. :) please answer soon <3
Explanation:
If it is a letter written are put the adrees date and are put if it my boss are say dear boss
A company has 46,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is $554,300, and the par value per common share is $10. The book value per share is:
Multiple Choice
$0.08.
$2.05.
$55.43.
$12.05.
$10.00.
Answer:
$10.00
Explanation:
Suppose that market demand is Q = 660 – 12P and marginal cost is MC = 5. The consumer surplus in a perfectly competitive market is $___________, while the consumer surplus in a monopoly market is $ __________.
a. 5,000; 3,750
b. 15,000; 7,500
c. 15,000; 3,750
d. 0; 7,500
Answer: 15000; 3750
Explanation:
From the question,
Q = 660 – 12P
MC = 5
The consumer surplus in a perfectly competitive market will be:
P = MC
Therefore, P = 5
Q = 660 - 12P = 660 - 12(5) = 660 - 60 = 600
Consumer surplus = 1/2 × (55 - 5) (600)
= 1/2 × 50 × 600
= 15,000
For monopoly, MR = MC
Total Revenue = P × Q
Since Q= 660 - 12P
P = (660 - Q)/12
TR = P × Q
= (660 - Q)/12 × Q
= (660Q- Q²)/12 × Q
MR = (660 - 2Q)/12
MR = MC
(660 - 2Q)/12 = 5
(660 - 2Q) = 5 × 12
660 - 2Q = 60
2Q = 660 - 60
2Q = 600
Q = 600/2
Q= 300
Since P =(660 - Q)/12
= (660 - 300)/12
= 360/12
= 30
Consumer surplus = 1/2 × (55 - 30) (30)
= 1/2 × 25 × 300
= 3750
Therefore, the answer is 15000; 3750
Mcgahen Medical Clinic measures its activity in terms of patient-visits. Last month, the budgeted level of activity was 1,080 patient-visits and the actual level of activity was 990 patient-visits. The clinic's director budgets for variable overhead costs of $3.30 per patient-visit and fixed overhead costs of $10,600 per month. The actual variable overhead cost last month was $3,380 and the actual fixed overhead cost was $8,780. In the clinic's flexible budget performance report for last month, what would have been the variance for the total overhead cost?
Answer:
$1,707 Favorable
Explanation:
The variance will be the difference between the planned budget and the actual costs.
Variable costs are budgeted at $3.30 per customer visit, and fixed costs are $10,600 per month. There were 990 customer visits.
The variable cost budget will be
=$3.30 x 990
=$3,267
Fixed budget is $10,600
Total budget
= $10,600 + $3,267
=$13,867
the actual expenditure was
variable cost= $3,380
fixed costs=$8,780
total actual costs = $3,380 +$8,780
= $12,160
variance = $13,867 - $12,160
=$1,707
Based on the given information on Mcgahen medical clinic, the variance for the total overhead cost is -$1,707
How to calculate variance of the overhead costTo calculate the variance for the total overhead cost
First, get the flexible budget amount for variable overhead costs is:
Flexible budget amount for variable overhead costs = Budgeted variable overhead rate per patient-visit x Actual level of activity
= $3.30 x 990
= $3,267
The total flexible budget amount for overhead costs is:
Total flexible budget amount for overhead costs = Flexible budget amount for variable overhead costs + Fixed overhead costs
= $3,267 + $10,600
= $13,867
Now, calculate the variance for the total overhead cost:
Total overhead cost variance = Actual overhead costs - Total flexible budget amount for overhead costs
= ($3,380 + $8,780) - $13,867
= $12,160 - $13,867
= -$1,707
The negative value for the variance indicates that the actual overhead costs were lower than the expected flexible budget amount for overhead costs.
Specifically, the clinic spent $1,707 less on overhead costs than it had planned for based on its budgeted level of activity.
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Jane has discovered that she is bored and frustrated working for others. She wants to open a business where she alone will have control as the single owner and she would experience the least interference from government regulation. Which form of business would best meet her needs?
Answer:
sole proprietorship
Explanation:
By far the most common type of business in the US is the sole proprietorship. Basically, Jane will be her own boss. She will be responsible and liable for all the business's obligations since a sole proprietorship is considered a pass through entity. That means that it doesn't exist by itself, and it is not taxed directly. Jane must report all the income and expenses from her business in her annual tax report.
Jason works part-time at a grocery store after school. Jason has worked at the store for two years but still hasn't received a wage increase, even though newer employees have received raises. Jason has threatened his employer with a lawsuit if he doesn't get a raise in the next few weeks. Jason believes he is a victim of labor-market discrimination. Which of the following statements would strengthen Jason's case against his employer?
a. Jason works harder than the other employees
b. Jason may choose to do the talks other workers find undesirable
c. Jason's amiable personality allows him to work well with his co-worker
d. None of the above is correct.
Answer:
a. Jason works harder than the other employees
Explanation:
In this scenario, the statement that would strengthen Jason's case would be that he works harder than the other employees. If Jason is able to provide proof of this then that would indicate that effort and work-efficiency is not the reason for Jason not receiving a wage increase. This would mean that the reason is either personal or superficial which are all labor-market discrimination. Therefore, if Jason can prove that he does actually work harder than the other employees it would drastically increase his chances of winning the court case against his employer.
9) Is homelessness ever a good thing? What exactly is a home?
Retained earnings: Multiple Choice Are never adjusted for anything other than net income or dividends. Represents the amount shareholders are guaranteed to receive upon company liquidation. Represent an amount of cash available to pay shareholders. Can only be appropriated by setting aside a cash fund. Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception. PrevQuestion 12 of 20 Total12 of 20Visit question map
Answer:
Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception
Explanation:
Retained earning is the balance of a company's profit that is retained after the distribution of dividend declared to it's shareholders.
A company that makes profit at the end of a reporting period usually make dividend declaration to its shareholder. The accumulation of these declarations are then taken out of the profit earned by the company. The balance when dividends declared(since it's inception) by the company is taken out from its profit, including any net losses is known as retained earning.
Which is NOT an example of an expense a) advertising b)insurance c)dividends d)depreciation
Answer:
c. dividends
Explanation:
not payable... so
Dividends are not an example of an expense.
What are dividends?
A dividend or dividends can be define as a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business which is called retained earnings.
The current year profit as well as the retained earnings of previous years are available for distribution and a corporation is usually prohibited from paying a dividend out of its capital. Distribution to shareholders may be in cash which is usually a deposit into a bank account or, if the corporation has a dividend reinvestment plan, the amount can be paid by the issue of further shares or by share repurchase. In some cases, the distribution may be of assets.
The dividend received by a shareholder is income of the shareholder and may be subject to income tax. The tax treatment of this income varies considerably between jurisdictions.
The corporation does not receive a tax deduction for the dividends it pays.
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Data for Corporation and its two divisions, Domestic and Foreign, appear below:
Sales revenues, Domestic $541,000
Variable expenses, Domestic $314,000
Traceable fixed expenses, Domestic $64,800
Sales revenues, Foreign $418,300
Variable expenses, Foreign $238,700
Traceable fixed expenses, Foreign $54,200
In addition, common fixed expenses totaled $146,900 and were allocated as follows: $76,300 to the Domestic division and $70,600 to the Foreign division.
Required:
What is the segment margin for the Domestic division?
Answer:
the segment margin for the Domestic division is $162,200
Explanation:
The computation of the segment margin is as follows:
Segment Margin is
= Sales Revenues, Domestic - Variable Expenses, Domestic - Traceable Fixed Expenses, Domestic
= $541,000 - $314,000 - $64,800
= $162,200
Hence, the segment margin for the Domestic division is $162,200
Sally is a channel manager for the Carolina Bee Company, which offers bee
pollination services to orchard growers and farmers. The company acquired a
smaller bee business and is integrating it into the company's current
distribution channel process. Which areas of the distribution flow are critical
for Sally to address with this new business integration?
O product, negotiation, ownership, information, and promotion
o service, negotiation, information, promotion, and profit
O product, ownership, information, cash and redundancy
Previous
Next
Answer:
it might be B but I'm not sure
Under the modern traditional theory, the sovereign may nationalize foreign-owned property only where: a. it is for a public purpose. b. the foreign firm that owned the property was operating it unprofitably. c. a communist government takes over the country. d. the foreign firm has continuously violated the laws of the host country.
Answer: a. it is for a public purpose.
Explanation:
According to the Modern Traditional theory on compensation which deals with the seizure of foreign-owned property by the government of the nation in which the property is located, the sovereign authorities may nationalize foreign-owned property if it is deemed to be for public use.
If the government has shown that nationalization is for the good of the nation, the theory espouses that it is allowed. They would however have to provide adequate compensation to those whom the property was seized from.
Cullumber Company bought equipment for $150000 on January 1, 2021. Cullumber estimated the useful life to be 5 years with no salvage value, and the straight-line method of depreciation will be used. On January 1, 2022, Cullumber decides that the business will use the equipment for a total of 6 years. What is the revised depreciation expense for 2022?
a. $30000
b. $12000
c. $24000
d. $20000
Answer:
Annual depreciation 2022= $24,000
Explanation:
Giving the following information:
Purchase price= $150,000
Useful life= 5 years
Salvage value= $0
First, we need to calculate the annual depreciation for 2021:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (150,000 - 0) / 5
Annual depreciation= $30,000
Now, the revised depreciation:
Annual depreciation= (150,000 - 30,000) / 5
Annual depreciation= $24,000
We divide by 5 years because one year has passed.
On January 1, 2020, Franel Co. acquired all of the common stock of Hurlem Corp.For 2020, Hurlem earned net income of $360,000 and paid dividends of $190,000.Amortization of the patent allocation that was included in the acquisition was $6,000. How much difference would there have been in Franel's income with regard to the effect of the investment, between using the equity method or using the initial value method of internal recordkeeping
Answer:
$6,000
Explanation:
Calculation for How much difference would there have been in Franel's income with regard to the effect of the investment, between using the equity method or using the initial value method of internal recordkeeping
Using this formula
Difference in Franel's income using Equity Method = [(Net income-Dividends)-(Net income-Patent allocation amortization- Dividends)]
Let plug in the formula
Difference in Franel's income using Equity Method =[($360,000 - $190,000)-($360,000 - $6,000 - $190,000]
Difference in Franel's income using Equity Method = $170,000 -$164,000
Difference in Franel's income using Equity Method =$6,000
Therefore How much difference would there have been in Franel's income with regard to the effect of the investment, between using the equity method or using the initial value method of internal recordkeeping is $6,000
Kyle is applying to be a police officer. In his interview, he describes that he loves watching the news and following current cases. He explains that he is honest, caring, compassionate, and has a very deep sense of integrity. He then explains that he is in excellent physical condition and trains regularly in hand-to-hand combat. He tells them that he is a member of the Police Explorers, a group that trains and rides along with the local police. He also tells them that he graduated at the top of his class and was a state finalist on the mock trial team.
Answer:
The answer is the last table, option D.
Explanation:
In the table, Kyle's personal interests are following current cases, and his values are listed as honest, caring, compassionate, and integrity. His skills are physical conditioning, and training regularly. His achievements are good grades and being a state finalist on a mock trial team. He has experience in being an explorer. I took the test on Edgeunity and got the correct answer.
Answer:
DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD
Explanation:
The only thing a firm can and should do to balance the conflicting demands of being agile in a dynamic environment is to design systems and processes that can identify, assess, and develop technology based opportunities.
a. True
b. False
Answer:
b. False
Explanation:
By saying that's the "only thing a firm can and should do" makes the statement untrue because, in a scenario where there is conflicting demand, the firm may employ other methods.
