Recessionary downturn that caused by great depression would be reversed by lower wages that would increase the quantity of labor demanded. Lower wages also would increase the reduced unemployment.
A recession simply can be defined as a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, industrial production, real income, employment, and wholesale-retail sales. If there is a widespread drop in spending, it can caused recession. Recession can make a significant impact for our daily lives, such as increasing the price of goods.
Learn more about recession here https://brainly.com/question/14737261
#SPJ4
which of the following are value chain activities that can enhance differentiation? multiple select question. strict quality specifications on raw materials from suppliers superior product features and performance resourceful attempts to clone features of products from successful competitors product innovations and technological advances
Value chain activities that can enhance differentiation product innovations and technological advances, strict quality specifications on raw materials from suppliers, superior product features and performance.
The process through which a finished product is created, from its conceptualization to its delivery to a consumer, is known as a value chain. The supply chain outlines every stage of production, including the sourcing, production, and marketing phases, where value is added. A firm analyzes its value chain by analyzing the specific processes involved in each stage of its operations. A value-chain analysis' goal is to boost process efficiency so that a business can provide the most value for the least amount of money.
Learn more about value chain here:
https://brainly.com/question/13439824
#SPJ4
a company issues its equity securities to purchase land. the common stock is publicly traded, and both the value of the stock and the land is known. the best indicator of fair value is the value of the multiple choice question. land. stock.
A company issues its equity securities to purchase land. the common stock is publicly traded, and both the value of the stock and the land is known. the best indicator of fair value is the value of the stock.
Inventory includes the stocks of which ownership of a organization or organisation is divided. A unmarried percentage of the stock method fractional ownership of the organisation in proportion to the total variety of stocks.
A stock is a protection that represents a fractional possession in a business enterprise. when you buy a corporation's inventory, you are purchasing a small piece of that business enterprise, known as a share. investors purchase shares in businesses they think will cross up in fee. stocks constitute possession in a publicly traded agency. when you purchase a enterprise's stock, you grow to be part-proprietor of that corporation. for example, if a agency has one hundred,000 shares, and also you purchase 1,000 of them, you personal 1% of the employer.
Learn more about stock here:https://brainly.com/question/25300925
#SPJ4
Which improvement most dramatically increased the speed and lowered the expense of commerce in the first half of the nineteenth century?.
Transportation and communication, as well as canals and steamboats, etc. In the first part of the nineteenth century, this advancement most significantly sped up and reduced the cost of commerce.
How was life affected by the market revolution?The Market Revolution undermined the ability of guilds to maintain the small pool of artisans, allowing more people to receive training in producing goods for sale in the marketplace. As a result, wages decreased along with a decrease in the cost of skilled labor.Time was increasingly divided into work and play by clocks.Many of them were escaping political or economic unrest in their home countries. Irish immigrants made up the majority of those who arrived between 1840 and 1860. The ailment known as potato blight at the time made potatoes rot.The manufacture of commodities for a cash market, the application of inventions and developments to generate items for a mass market, and the rapid advancements in transportation and communication.To learn more about Market revolution refer to:
https://brainly.com/question/6180392
#SPJ4
three weeks ago, you purchased a june $47.50 put option on wiggins, incorporated, stock at an option price of $.60 per share. the market price of the stock three weeks ago was $47.20. today, the stock is selling at $48.10 per share. what is the intrinsic value of your put contract?
The intrinsic value of your put contract of the stock selling is zero.
A value determined using simplified assumptions is typically referred to as an asset's intrinsic value. For instance, the intrinsic value of an option is determined by the underlying instrument's present market value, but it disregards the time value of money and potential future variations. If an option is in the money, it is considered to have inherent value.
When not in the black, it has no intrinsic value. This metric is determined using an intricate financial model or an objective computation. The intrinsic value of an asset is distinct from its present market value. The model combines the stock's current per-share book value with its discounted residual income to determine the stock's intrinsic value.
To learn more about intrinsic value visit here:
brainly.com/question/27908904
#SPJ4
bga has 265,000 shares outstanding that sell for $22 per share. the company plans a 5-for-6 reverse stock split. how many shares will be outstanding after the split?
The Effects of Stock Splits. The outcome would be the same if the company chose to split the stock 6:5, which would mean that shareholders would ultimately possess six shares of stock for every five they presently own.
outstanding after the split, 53,000 shares outstanding that sell for $110 per share.
What Does reverse split mean in Stocks?Each outstanding share of a corporation is reduced to a fraction of a share when a reverse stock split is completed. For instance, if a business announces a one-for-ten reverse stock split, every ten of your shares will be changed into one share.The Effects of Stock Splits. The outcome would be the same if the company chose to split the stock 6:5, which would mean that shareholders would ultimately possess six shares of stock for every five they presently own.The amount of the dividend is also decreased as a result of the split if this company pays equity dividends. Therefore, in theory, there is no practical benefit to purchasing shares before or after the split.To learn more about : Stock Splits
Ref : https://brainly.com/question/14247504
#SPJ1
one weakness of the internal rate of return (irr) approach is that group of answer choices it implicitly assumes that the firm is able to reinvest the cash flows from the project at the firm's irr (i.e. assumed reinvestment rate
The correct answer is that Internal rate of return (IRR), implicitly assumes that the firm is able to reinvest the cash flows from the project at the firm's assumed investment rate.
The value of any project is evaluated using the internal rate of return (IRR). The IRR also demonstrates how successfully a project generates revenues. However before committing in any project, organizations utilize the metric to plan.
Utilizing the internal Rate of Return for a calculating the similarity makes it significantly more advantageous. IRR is less efficient when employed as a stand-alone, singular value. It is frequently used to rank many viable investment decisions that a business anticipates making. An investment is much more favorable the higher its IRR. That organization becomes potentially the top investment choice.
The complete question is here:
one weakness of the internal rate of return (IRR) approach is that-
(a) It ignores the cash flow beyond a certain period
(b) It does not consider the timing of the cash flows from a project
(c) it implicitly assumes that the firm is able to reinvest the cash flows from the project at the firm's IRR.
(d) It is rarely used by financial managers because it is difficult to calculate
Learn more about internal rate of return (IRR) here:
https://brainly.com/question/13016230
#SPJ4
In an open economy, what is the source of supply of dollars in the foreign-currency exchange market?.
In an open economy, the source of supply of dollars in the foreign-currency exchange market is via net capital outflow.
Rather, the level of the net capital surge is decided by the genuinely intrigued rate within the advertisement for loanable funds. Net capital outpouring is additionally known as a net remote venture, or the sum a nation contributes abroad.
The distinction between the esteem of outside resources bought by household inhabitants and household resources bought by worldwide substances speaks to net capital surge. In an open economy, the resources can be purchased and offered within the budgetary advertise.
Net capital outflow is the net stream of reserves being contributed overseas by a nation over a certain period. Net capital outflow alludes to the buying of remote resources by household inhabitants short the buying of residential resources by foreigners.
The NCO bend gets a negative incline in the market since an expanded intrigued rate locally implies a motivating force for savers to spare more at domestic and less overseas.
Learn more about exchange currency at
https://brainly.com/question/13736607
#SPJ4
it is easier to boost aggregate demand when mpc is high. however, when aggregate demand needs to be boosted, such as during a severe recession, mpc is likely to be lower than during periods of normal economic growth. why is this likely to be the case?
Due to decrease in the economic activities, recession may lead to fall in GDP and unemployment, thus lowering the Marginal Propensity to Consume.
The percentage of an overall salary increase that a customer spends on purchasing goods and services rather than saving is known as the marginal propensity to consume (MPC) in economics. Keynesian macroeconomic theory includes a concept known as marginal propensity to consume, which is determined as the change in consumption divided by the change in income.
Thus during recession, marginal propensity to consume is likely to be lower.
To learn more about marginal propensity to consume click here:
https://brainly.com/question/19089833
#SPJ4
What factors contributed to mongol success in building the largest land-based empire in human history?.
Factors that contributed to mongol succes were their skills and brutality they had from being nomadic pastoralists. Mongol have some skill, their skill with horseback riding that no other settled agrarian society would have had cause to develop.
The largest contiguous land empire in history of 13th and 14th was Mongol Empire. Mongol were very brutal, Mongol would kill anyone if they are not submit to Mongol. So that, the other people who heard it will submit to the Mongol's rules because they are afraid of being killed by Mongol. That conditions make Mongol success in building the largest based empire in human history.
Learn more about mongol empire here https://brainly.com/question/20067949
#SPJ4
The abc retail company groups activities around its east coast, west coast, and midwest locations. Which type of departmentalization is the company using?.
When Jack Welch served as CEO of GE, he invented the phrase "boundaryless organization," which describes an organization that does away with traditional borders between divisions and obstacles between the firm and the outside world.
What is organization without boundaries?An organization that actively dismantles barriers to innovation is said to be "boundaryless," which means that it is more integrated and has less hierarchy and functional division. This makes it possible for ideas, information, and innovations to flow freely.An organization without boundaries has four dimensions.Boundaryless enterprises benefit from the inherent diversity of their workforce. Diversity will, according to research, boost employee and organizational innovation overall.The concept behind this model is to outsource the majority of the operations while keeping just the strategic and value-generating tasks in-house. Toyota is an illustration of a business that practices this.When Jack Welch served as CEO of GE, he invented the phrase "boundaryless organization," which describes an organization that does away with traditional borders between divisions and obstacles between the firm and the outside world.To learn more about Boundaryless organization refer to:
https://brainly.com/question/4194608
#SPJ4
magine a north carolina farmer has two parcels of land that have low soil quality. the farmer has decided to pull these parcels out of production for the next 10 years so that the soil can repair itself. just as the farmer makes this decision, the federal government introduced a new conservation program that pays farmers to temporarily retire farmland over a 10-year period. the farmer jumps at this program because he gets paid to do something that s/he would have done regardless of the subsidy program. this type of scenario raises the question of because it is not clear the agricultural subsidy is paying for anything above and beyond what the farmer would have done otherwise. select one: a. leakage. b. additionality. c. slippage. d. permanence.
The agricultural subsidy is paying for anything above and beyond what the farmer would have done otherwise - permanence
What is Agriculture?
Agriculture, sometimes known as farming, is the cultivation of plants and cattle. Agriculture was an important development inside the rise of sedentary civilization, as it produced food surpluses that allowed people to move to cities. Agriculture has been around for thousands of years. Beginning at about 105,000 years ago, nascent farmers started to sow wild grains around 11,500 years ago. Domestication of pigs, sheep, goats, or cattle began over 10,000 years ago. Plants were grown independently in at least 11 different parts of the world. In the twentieth century, factory farming based on massive monoculture grew to predominate agricultural output, despite the fact that approximately 2 billion people still relied on subsistence agriculture.
It is the act of trading anything with a different actual worth than the market value in order to make money. The state of remaining constant is known as permanence, whereas the state of interveining is known as additionality. These options do not correspond to the provided situation.
Therefore, the correct option is D
To learn more about Agriculture
https://brainly.com/question/14533586
#SPJ4
If advances in robotics, automation, and artificial intelligence lead to the elimination of jobs, and the unemployment faced by people who held those jobs would be considered group of answer choices a) structurally unemployed. b) frictionally unemployed. c) out of labor force d) cyclically unemployed.
If advances in robotics, automation, and artificial intelligence lead to the elimination of jobs, and the unemployment faced by people who held those jobs would be considered A) structurally unemployed.
The record also posits that AI will displace or put off 75 million jobs through 2022 and that the net increase will encompass 133 million emblem-new roles. Any other document from the arena monetary forum in 2021 envisioned that via 2025, ninety-seven million new jobs could be created courtesy of AI.
Structural unemployment is a direct end result of shifts in the economic system, including changes in technology or declines in an industry.
An instance of this is an enterprise's alternative of equipment workers with robots. Employees now need to learn how to manage the robots that replaced them. The ones that do not study want retraining for different jobs or face lengthy-time periods of structural unemployment.
Learn more about structural unemployment here https://brainly.com/question/13489895
#SPJ4
when an organization compares a score on a selection test to the job performance of existing workers in that job, the organization is using validity. construct content convective criterion-related
The comparison of a score on a selection test to the job performance of existing workers on the same job by an organization means that they are using criterion-related validity.
What is a criterion-related validity?Criterion - Related validity means that two different measures are being compared to see how they relate to each other or how they influence each other. Often the goal of a criterion-related validity will be to see if one measure can have an impact or influence on another measure to see if either measure can be used to improve efficiency in the other.
When an organization such as the one in the question, compares scores from a selection test to the performance of workers in that same job, they would be engaged in criterion-related validity. This is because they are comparing the measures of the selection test and the job performance to see how to improve efficiency.
Find out more on criterion-related validity at https://brainly.com/question/15302076
#SPJ1
What are some specific examples of marketing that you’ve experienced this week? what marketing strategy was used by the company?.
Some specific examples of marketing that you’ve experienced this week are:
Offering an alternative user experience.Retargeting campaigns. User-generated content. Niche-specific marketing.The marketing strategy was used by the Spotify company was the offering an alternative user experience.
What constitutes a positive user experience?UXD entails developing products (or experiences, services, etc.) from a human-centered perspective and designing an experience around the needs and preferences of the target market. Although there are numerous possible forms for this, our interactions with digital applications have given us the greatest expertise with it.
User experience explained (UX) is: Let's use an online store as an example. A customer's user experience (UX) will be poor if she views the purchasing process to be protracted, difficult, and complicated. If, however, she has a simple and hassle-free shopping experience, the UX will be deemed successful.
Learn more about marketing from
https://brainly.com/question/25754149
#SPJ1
heidi owns 840 shares of boyd enterprises, which is priced at $66.56 per share. the company plans a 5-for-3 stock split. how many shares will heidi own and what will the share price be after the stock split?
1,400; $39.94 will the share price be after the stock split. Hence, option B is correct.
What is meant by share price?The share price is the market price of a company's stock. A publicly listed company's market capitalization is the total value of all of its outstanding shares of stock.
Once a firm goes public and its shares start trading on a stock exchange, the price of its shares is determined by market supply and demand. If there is high demand for its shares, the price will increase. If the company's future expansion prospects appear hazy, stock sellers may lower the price of the shares.
Thus, option B is correct.
For more information about share price, click here:
https://brainly.com/question/14012836
#SPJ1
The options are missing-
a) 504; $39.94
b) 1,400; $39.94
c) 1,400; $110.93
d) 1,400; $66.56
e) 504; $110.93
ricardo is a kitchen manager at a top restaurant in austin, texas. he has been working on a plan for how to maintain cleanliness in his workplace in a manner that follows all guidelines and regulations for his city. what do we call this kind of plan that ricardo is working on?
This type of strategy, on which Ricardo is currently working, is referred to as a kitchen sanitation plan.
At one of Austin, Texas's best restaurants, Ricardo oversees the kitchen. He has been developing a strategy for keeping his workplace clean in a way that complies with all rules and regulations for his city. A sanitation plan's written cleaning procedures explain what needs to be cleaned when it needs to be cleaned, who should clean it, and how it should be cleaned.
You must carry out the ensuing actions as part of your sanitation plan. Identify every area of your company, including all of the tools, utensils, surfaces that come into contact with food, and any surfaces that don't. Describe the equipment, utensils, surfaces, and procedures used to clean and disinfect those particular locations.
Examples of the quality of cleanliness include both the abstract state of being clean and free from germs, filth, garbage, or waste, as well as the habit of achieving and maintaining that state. Most of the time, cleaning can achieve cleanliness.
To learn more about the sanitation plan
https://brainly.com/question/18995392
#SPJ4
My business is a pharmacy, what if I compare my pharmacy to a regular store that owns medicines but doesn't work the same as a pharmacy.
And describe how it similar to my pharmacy
state how these two trends have affected and impacted this start-up business.
Answer:
Explanation:
To remain competitive in providing premium healthcare services amid increasing competition, pharmacies must recognize and respond to certain changes likely to influence their market. Look for the following key trends that will define the market over the coming year and beyond.
These trends are classified as consumer-related and industry trends and are not new. They have emerged over a long period and will continue for the foreseeable future.
Consumer-related trends:
Rising expectations
Ageing population
Increase in chronic diseases
Consumerization-Consumers increasingly want to be involved in making decisions about their healthcare.
what u should do:
Engage and empower consumers. Educate them, provide information, coach them, and give patients choices and control.
Adoption/use of technology-Consumers of all ages increasingly uses technology in their daily lives.
Industry trends:
Reimbursement/margins
Consolidation
Preferred networks
Speciality drugs
Labour market
Staying competitive in today’s market requires understanding the major trends shaping the industry. Understanding these trends then means developing clinical, financial and marketing strategies to stay ahead of the curve and to differentiate your pharmacy.
adding
environmental trends
the pharmaceutical industry has begun to notice the detrimental impact pharma products have on the environment on a global scale.
Pharmaceutical products enter the environment at various stages of their life cycle, particularly during the production phase. One of the main threats is that discharging antibiotics into the environment can promote the natural development of antibiotic-resistant pathogens that are harder to treat.pharma pollution more directly and seriously affects those living near production plants whose water and food sources are contaminated with waste pharma products.The pollution of pharma products into the environment also adversely affects animals, particularly fish living in contaminated water. For example, a report published in the science journal Nature in 2009 noted that ‘many of Europe’s rivers are home to male fish that are ‘intersex’ and so display female sexual characteristics, including female reproductive anatomy. Some males also produce vitellogenin, a protein normally found in eggs that can be induced in males by hormone exposure’.social trends
There is an immediate need for pharmaceutical companies to regard the social environment as the key strategic issue in long-range planning due to the pervasiveness of social influence. Through perceptions of need, society can influence resource allocation and exercise public control over most facets of innovation, production, distribution and marketing of drugs and the funds available by controlling prices and profits. Unfortunately, a recent attitude study on the future of the multinational pharmaceutical industry indicates that a low level of impact is accorded to the Social Environment.The Social Environment of the future can only be evaluated successfully by utilizing effective social forecasting techniques.Unless the Social Environment is regarded as the central strategy issue and effective social forecasting techniques are adopted there is a very real danger that a socially and economically valuable industry will be progressively less able to meet its commitment to contribute effectively to the future well-being of society.A toy maker is running a television advertisement for its new Super Soaker water gun. What kind of advertising would this be an example of?
institutional advertising
product advertising
word of mouth advertising
social media advertising
Product advertising is the kind of advertising would this be an example of. Hence, option B is correct.
What is Product advertising?Product advertising is advertising for particular products as opposed to brand advertising. These advertisements place more emphasis on selling products based on their features and advantages than on building brand awareness or brand reputation.
The three types of product advertising are comparative, competitive, and innovative. Enlarge your clientele. raise brand and company recognition among consumers. Highlight the benefits of your products or services. Give information about your business.
Products advertising is a type of sponsored communication in which a company communicates with clients through a communication channel in an effort to persuade them to purchase its goods.
Thus, option B is correct.
For more information about Product adverting click here:
https://brainly.com/question/15089717
#SPJ1
2. johnstone needs to accumulate sufficient funds to pay a $530,000 debt that comes due on december 31, 2026. the company will accumulate the funds by making five equal annual deposits to an account paying 5% interest compounded annually. determine the required annual deposit if the first deposit is made on december 31, 2021. 3. on january 1, 2021, johnstone leased an office building. terms of the lease require johnstone to make 20 annual lease payments of $133,000 beginning on january 1, 2021. a 10% interest rate is implicit in the lease agreement. at what amount should johnstone record the lease liability on january 1, 2021, before any lease payments are made?
The lease liability on january 1 , 2021 before any lease payment is Liability $1,282,994.04 and annual deposit = $92,633.22
Lease payment :A lease payment is the fellow of the yearly rent, that's formally mandated under a contract between two parties, granting one party the legal right to use the other existent real estate effects, manufacturing outfit, computers, software, or other fixed means, for a specified quantum of time.
Evaluation :2).
Table or calculator function FVAD of $ 1
Future value $530,000
n = 5
i = 5.00%
Divided it by FV factor 6.1533
Annual Deposit $92,633.22
Refer to the FVAD table
3).
Table or calculator function PVAD of $ 1
Payment $133,000
n = 20
i = 10.00%
Multiplied by PV factor 9.36492
Liability $1,282,994.04
Refer to the PVAD table
What liabilities mean?Generally, liability refers to the state of being responsible for commodity, and this term can relate to any plutocrat or service owed to another party. Tax liability, for illustration, can relate to the property levies that a homeowner owes to the external government or the income duty he owes to the civil government.
Learn more about liabilities :
brainly.com/question/14921529
#SPJ4
an asset is exchanged for another asset and cash is received in the transaction. the fair value of the assets are not determinable. at what amount should the new asset be recorded? multiple choice question. historical cost of the asset given up less the cash received. book value of the asset received less the cash received. book value of the asset given up less the cash received. cash received plus the book value of the asset given up.
The new asset should be recorded in the amount of book value of the asset given.
Any resource that a company or other economic organisation owns or controls is considered an asset in financial accounting. Anything that has the potential to provide positive economic value qualifies. The ownership value that can be turned into cash is represented by assets. The monetary value of an organization's assets is shown on its balance sheet. It protects cash and other assets that belong to a person or a company. Tangible and intangible assets are the two main categories into which assets can be divided. Different subclasses of tangible assets exist, including fixed and current assets. Cash, inventories, and accounts receivable are examples of current assets, whereas land, structures, and machinery are examples of fixed assets.
Learn more about assets here:
https://brainly.com/question/14404094
#SPJ4
\the campaign the brownstein group created for its client provided awareness and knowledge of the new product. this is an example of the model. a. hierarchy of effects b. advertising campaign c. carryover effects d. means-end chain
This campaign is an example of the model is carryover effects.
What is carryover effect?The transfer of undesired substance from one container or combination to another is referred to in clinical chemistry as the "carryover effect." The impact of one sample on a subsequent one is described. It might have come from a sample, reagent, or even the washing media. The importance of carry over is that even a tiny amount might produce inaccurate findings.
For clinical chemistry and immunochemistry analyzers, carryover experiments are frequently performed to assess and validate carryover effects. An automated analyzer's pipetting and washing systems are built to alternate between aspirating patient specimens and cleaning in a continuous cycle.
To learn more about carryover effect, visit:
https://brainly.com/question/28150629
#SPJ4
merchandise with an invoice price of $5,000 is purchased on september 2 subject to terms of 2/10, n/30, fob destination. freight costs paid by the seller totaled $200. what is the cost of the merchandise if paid on september 12, assuming the discount is taken? $5,200 $5,096 $4,704 $4,900
When a potential customer enters your store, merchandise refers to everything you do to advertise and sell your products. When we discuss merchandise, we are usually referring to goods that may be purchased, usually in a retail setting.
Explain about the merchandise ?Any item you can sell or buy is referred to as merchandise. The term "merchandise" refers to any good that is offered for sale; some examples are groceries at a supermarket, clothing in a retail setting, electronics online, and raw materials in a manufacturing facility.
Given:
On September 2, an invoice for $5,000 is paid under the conditions of 2/10, n/30, and fob destination.
The Seller paid a total of $200 for freight.
Expenses are paid on September 12.
Because September 12 is still inside the 10-day discount period, the payment is made net of discounts.
5,000 x 2% = 100
5,000 - 100 = 4900
If made on September 12, the needed payment is $4900.
To learn more about merchandise refer to:
https://brainly.com/question/26118380
#SPJ4
a $3 million dollar loan paying annual interest at a 5% rate has been classified as stage 3 by the lender. expected credit losses over the next 12 months are $80,000. however, expected credit losses over the life of the loan are $1 million. how much net interest income is the lender permitted to record in its income statement for the current year?
The lender is permitted to record $100,000 in net interest income on its income statement for the current fiscal year.
What is net interest income?The difference between revenue generated by interest-bearing assets and the cost of servicing liabilities is referred to as net interest income. Commercial and personal loans, mortgages, construction loans, and investment securities are common assets for banks. Customers' deposits make up the majority of the liabilities. The distinction between the revenue caused by assets loans, mortgages, and securities and the interest costs on liabilities, such as deposits in checking and savings accounts and CDs, is referred to as net interest income. Net interest income is calculated by subtracting interest-bearing liabilities from interest-bearing assets.To learn more about net interest income, refer to:
https://brainly.com/question/1347024
#SPJ4
Cash Budgeting Dorothy Koehl recently leased space in the Southside Mall and opened a new business, Koehl's Doll Shop. Business has been good, but Koehl frequently runs out of cash. This has necessitated late payment on certain orders, which is beginning to cause a problem with suppliers. Koehl plans to borrow from the bank to have cash ready as needed, but first she needs a forecast of how much she should borrow. Accordingly, she has asked you to prepare a cash budget for the critical period around Christmas, when needs will be especially high. Sales are made on a cash basis only. Koehl's purchases must be paid for during the following month. Koehl pays herself a salary of $4,600 per month, and the rent is $1,800 per month. In addition, she must make a tax payment of $13,000 in December. The current cash on hand (on December 1) is $750, but Koehl has agreed to maintain an average bank balance of $7,000 - this is her target cash balance. (Disregard the amount in the cash register, which is insignificant because Koehl keeps only a small amount on hand in order to lessen the chances of robbery.) The estimated sales and purchases for December, January, and February are shown below. Purchases during November amounted to $150,000. Sales Purchases December $120,000 $35,000 January 46,000 35,000 February 66,000 35,000 Prepare a cash budget for December, January, and February. Do not round intermediate calculations. Round your answers to the nearest dollar. Negative values, if any, should be indicated by a minus sign. Collections and Purchases: December January February Sales (Collections) $ $ $ Purchases $ $ $ Payments for purchases $ $ $ Salaries $ $ $ Rent $ $ $ Taxes $ --- --- Total payments $ $ $ Cash at start of forecast $ --- --- Net cash flow $ $ $ Cumulative cash balance $ $ $ Target cash balance $ $ $ Surplus cash or loans needed $ $ $ Suppose that Koehl starts selling on a credit basis on December 1, giving customers 30 days
The preparation of cash budgets for December, January, and February for Koehl's Doll Shop are as follows:
Koehl's Doll Shop
Cash BudgetDecember January February
Sales $120,000 46,000 66,000
Total payments $169,400 $41,400 $41,400
Cash at the start of the forecast $750 --- ---
Net cash flow ($49,400) $4,600 $24,600
Cumulative cash balance ($48,650) ($51,050) ($33,450)
Target cash balance $7,000 ($7,000) ($7,000)
Surplus cash or loans needed ($55,650) $58,050 ($40,450)
What is a cash budget?A cash budget is a projection of cash receipts and payments for a period.
Cash budgets may be prepared weekly, monthly, quarterly, or yearly, as required.
Management prepares cash budgets to guide its cash flow activities and decisions, readying to invest excess cash, request loans, or generate sufficient revenue to meet its short-term obligations.
Purchases for November = $150,000
Sales Purchases
December $120,000 $35,000
January 46,000 35,000
February 66,000 35,000
Other cash payments:
Koehl's salary is $4,600 monthly
Rent is $1,800 monthly
Tax $13,000 in December
Thus, preparing a cash budget enables Dorothy Koehl to appreciate the timing of cash flows.
Learn more about cash budgets at brainly.com/question/8707644
#SPJ1
45% of americans have less than 1000 saved for a
Answer: Emergency Fund
Explanation: According to recent data from GO Banking Rates, 69% of Americans have savings, worth less than $1,000. That indicates that they are certainly very far away from having a fully funded emergency fund and that they are taking a very huge financial risk. Even worse, 45% of Americans claim to have no savings. That’s true. Not even a single dollar was saved up in a bank account.
an assembly line requires two components: gadjits and widjits. gadjits are produced by center 1 and widjits are produced by center 2. each unit of the end item, called a jit-together, requires 3 gadjits and 2 widjits. the daily production quota on the assembly line is 900 jit-togethers. the container for gadjits holds 90 units. the policy variable for center 1 is set at 0.04. the average waiting time for a container of gadjits is 0.07 day, and 0.07 day is needed to produce a container. the container for widjits holds 50 units, and the policy variable for center 2 is 0.07. the average waiting time per container of widjits is 0.12 day, and the time required to process a container is 0.26 day. how many containers are needed for gadjits? and how many containers are needed for widjits?
Policy variable - For (A) we need 5 containers and for (B) 15 containers are needed for gadjits and widjits.
Now, we can use the formula for N to answer a. and b.
A) N = 850*3*(0.08+0.05)*(1+0.05)/75 = 4.64 or 5 containers (round to next whole number)
B) N = 850*2*(0.15+0.19)*(1+0.09)/45 = 14.00044 or 15 containers (round to next whole number)
What is Policy variable?
A policy variable is the variable that, in theory, might be fixed as an independent factor by a policymaking actor (the government), but is instead set based on known economic conditions. The best-known example under existing institutional structures is the brief policy rate. A central bank might set the policy rate at the a fixed value (e.g., 0%) in perpetuity, but the common practise is for a committee to decide the rate at periodic meetings. (There were historical instances when policy rates were practically fixed, notably as during and soon after World War II in the United States.) It should be noted that even when the policy rate is fixed, there could be risk-free products traded whose interest rates deviate from those targets.
Number of containers = N = D*T*(1+A)/C
Here,
D = demand. Given that total demand is 850. The demand for gadjits is 850*3 and widjits is 850*2
T = cycle time. The cycle time for gadjits is 0.08 + 0.05 day. Similarly the cycle time for widjits is 0.15 + 0.19 day.
A = allowance for error. In this case gadjits has policy allowance of 0.05 and widjit has 0.09
C = capacity. The capacity for gadjits is 75 units and for widjits is 45 units
To learn more about Policy variable
https://brainly.com/question/2804470
#SPJ4
PLEASE HELP!!! Need it by SUNDAY!!!
the world bank helps in reconstruction of countries and economic development. 1. which one of its agencies is the development association responsible to help very poor countries?
The World Bank is a global institution whose mission is to support poor countries' economic development by offering money, guidance, and research. The bank primarily functions as a group that provides middle- and low-income nations with developmental aid in an effort to combat poverty.
How does the World Bank support developing nations' economies?By giving nations with technical and financial support to help them implement reforms or projects, such as building schools, providing water and electricity, combating disease, and safeguarding the environment, the World Bank promotes long-term economic development and the decrease of poverty.We offer developing nations grants, zero to low rate credit lines, and low interest loans. These fund a wide range of investments in initiatives related to management of environmental and natural resource resources, agriculture, public administration, health, and education.Working together with the Private Sector : Through these organizations, the World Bank Group offers private businesses, including financial institutions, funding, technical support, political risk insurance, and dispute resolution.IBRD and IDA work together to establish the World Bank, which offers financial support, policy recommendations, and technical help to governments of developing nations.To Learn more About World Bank refer to:
https://brainly.com/question/9882243
#SPJ4
1. helen, age 17, wanted to buy a motorcycle. the dealer sold it to helen on credit after she showed the dealer a fake id that falsely stated she was 22 years old. a. a few days later, the dealer later learned that helen was only 17 years old. he contacted helen and told her there is no valid contract and she must return the motorcycle. can the dealer disaffirm the contract? why or why not? b. alternatively, a few days after purchasing the motorcycle, helen damaged it and returned it to the dealer stating that she disaffirm the contract because she was a minor. can helen disaffirm the contract? can she be held liable for the damages? why or why not? 2. elani intends to sell her jet ski for $2,500. when she learns chin is interested in buying a used jet ski, she sends him an e-mail offering to sell the jet ski to him. while typing the email, however, elani mistakenly keys in the price of $1,500. chin immediately sends elani an email reply accepting her offer. is elani bound by the contract? why or why not? 3. phil sung buys a violin from bev lee for $250. although the violin is very old, neither party believes that it is valuable. later, however, an antiques dealer informs the parties that the violin is rare and worth thousands of dollars. can sung rescind the contract? why or why not?
Helen misrepresented her age by using a fake ID or making up her age to appear as 22. Helen deceived the dealer. Option A: Because Helen misrepresented her age, she may be held accountable.
Elena made a unilateral error and is required by the contract to sell Chin her jet ski for $1,500 even though she had planned to sell it for $2,500. She thinks the defense attorneys misrepresented the circumstances. To misinterpret is to convey misleading information about something or someone, frequently to gain an advantage.
Any individual the Division determines to be potentially liable under federal clean-up law or to have contributed is referred to as a potentially liable person.
To know more about liable, click here:-
https://brainly.com/question/28025204
#SPJ4
cary allows kail to access his land locked property by using a road that cuts across cary's land. kail paid cary $1000 for the use of the road and can use it whenever he wants. this arrangement is generally known as:
This arrangement is generally known as an easement.
What is an easement?
An easement is a non-possessive right to access and/or utilize another person's real property without actually owning it. The most typical easements are affirmative ones. They permit exclusive usage of privately owned property. Positive easements are less lenient. They restrict the usage of land.
All easements, limitations, and covenants, both positive and negative can run with the land and bind all future owners of the subject real estate. An easement by deed, if granted from a freehold or leasehold estate, will function as a legal interest in land, but only once it has been recorded on the title at the Land Registry. The easement will be effective as an equitable right up until the registration is finished.
To learn more about an easement, visit:
https://brainly.com/question/13117184
#SPJ4
