Answer:
1. Sarbanes- Oxley Act was passed into law in 2002, precisely in July 2002.
2. Its main objective is to restore investors' confidence in the financial markets.
Explanation:
The U.S. law that makes corporate financial disclosures more reliable and accurate is known as the Sarbanes-Oxley Act of 2002 or the Public Company Accounting Reform and Investor Protection Act of 2002. It followed the financial disasters (of Enron and Worldcom). It primary purpose was to restore investors' confidence in the financial markets, especially with respect to audits.
Answer:
The Sarbanes-Oxley Act was passed in 2002. Its main objective is to drive improvements in companies’ internal controls to safeguard investor interest.
Explanation:
I'm doing the same Edmentum course and was wondering if anyone else needed the answer because I found it.
a manfucturing firm is considering two locations for a plant to producr a new product. Location A has a foxed cost of 80,000 and a variable cost of 20 per unit where should the plant be located
Answer: 15,000 units
Explanation:
The annual output that would make them indifferent is the one that would equate both costs.
Assume that output is x.
80,000 + 20x = 140,000 + 16x
20x - 16x = 140,000 - 80,000
4x = 60,000
x = 60,000/4
x = 15,000 units
differentiate between a department with line responsibility and a department with staff responsibility
Answer:
While a department with line responsibility is directly involved in the daily activities and management of the business, a department with staff responsibility simply provides support for the line managers.
Explanation:
The line department consists of the chain of leaders whose positions in the organization are clearly differentiated from those of their subordinates. They make decisions and supervise the daily affairs of the business. Examples of these include; the department heads, the president, the production supervisors, etc.
A department with staff responsibility provides support for the department with line responsibility. Examples of personnel in the line department are the legal advisers and the human resource staff. The legal advisers provide support by advising the line managers on the lawful means to transact their business activities.
Trying to inspire someone to vote at the next election involves:
a.
strengthening likes
b.
motivating to action
c.
weakening beliefs
d.
changing values
guys please help me out
Answer:
I'd say b. just a guess so if im wrong sorry
Trying to inspire someone to vote in the next election involves motivating to action, hence option B is correct.
What is Voter Apathy?In electioneering processes, it is often common for people not to come out to exercise their franchise, this is called voter apathy.
Voter apathy accounts for the singular reason behind the rigging of the election.
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QUESTION 6 of 10: A factor that a retailer might consider when choosing a location is
ОООО
a) The availability of workers
b) Local zoning laws
c) Possibilities for expansion
d) All of the above
smit
Answer:
All of the above
Explanation:
Employee accessibility and affordability, state environmental and local zoning laws, development and expanding possibilities, all this aspect really affects retailers when they would considering choosing a venue.
In 2009, an agricultural company introduced a new cropping process which reduced the cost of growing some of its crops. If sales in 2008 and 2009 were steady at $30 million, but the gross margin increased from 2.9% to 3.2% between those years, by what amount ($) was the cost of sales reduced
Answer: $90,000
Explanation:
If sales in 2008 and 2009 were steady at $30 million, but the gross margin increased from 2.9% to 3.2% between those years, the amount by which the cost of sales would be reduced would be:
= $30 million × (3.2% - 2.9%)
= $30 nillioy× 0.3%
= $30 million × 0.003
= $90,000
For Wildhorse Company, variable costs are 68% of sales, and fixed costs are $199,000. Management’s net income goal is $77,800. Compute the required sales in dollars needed to achieve management’s target net income of $77,800. (Use the contribution margin approach.)
Answer: $865000
Explanation:
Contribution margin ratio would be gotten as:
= 100% - 68%
= 32%
= 0.32
Then, the desired sales would be:
= (Fixed cost + desired profit) / CM ratio
= (199,000 + 77800) / 0.32
= 276800 / 0.32
= $865000
During a period, 38,200 units were completed and 5,300 units were in ending WIP Inventory. Ending WIP was 70% complete for direct materials and 50% complete for conversion costs. What are the equivalent units for conversion costs
Answer: 40,850 units
Explanation:
38,200 units were already completed.
Of the ending WIP, conversion costs were:
= 50% * 5,300
= 2,650 units
Total Equi. units = 38,200 + 2,650
= 40,850 units
Suggest and explain four activities that would be ""customer focused"" in nature
Answer:
1. Efficient customer-care
2. Personalization of products
3. A transparent distribution network
4. Requesting feedback from customers
Explanation:
An organization that is customer-focused has policies in place that are relatable to the customer and make his journey through the business easier.
Activities and policies that are customer-focused in nature include;
1. A well trained customer service personnel that listen to the needs of the customers, and solve them.
2. Designing of products that fit into the needs of customer segments shows that the organization has the customers at heart.
3. Honesty and clarity in dealing with customers at every stage of the business shows that the organization is customer-focused.
4. Feedback requests helps the organization know what the customer's concerns are and how to deal with them.
Jonathan wants to create a web page visually. Which of the following should he use?
HTML
Java
Text Editor
WYSIWYG
Answer:
HTML
Explanation:
Answer:
HTML
Explanation:
A person studying economics chooses to buy an economic textbook for their class, even though it means they cannot afford to buy a video game they want. This shows an understanding of
Answer:
d consequences and tradeoffs.
Explanation:
just took the test its d figured ill answer your question since you haven't been answered yet. good luck on your tests
Answer:
Explanation:D
Financial reports are created and used to evaluate the financial performance of the business. Which function is responsible for creating the reports
The correct answer to this open question is the following.
Although there are no options attached, we can say the following.
Financial reports are created and used to evaluate the financial performance of the business. The function that is responsible for creating the reports is Financial Accounting.
One of the most important areas of a company is the financial department because it has to keep healthy numbers and finances in order to make the corporation to prosper.
Financial Accounting is the area that records and reports every single transaction of the company and then prepares all the reports needed by lay to show the transparency of the records. Among others, these reports are the cash flow statement, the balance sheet, and all the financial statements that show managers and owners how the company is doing.
Which situation is better for saving money in a CD (certificate of deposit): the purchasing a car or for use in an emergency? Explain your reasoning.
Answer:
Emergency
Explanation:
Always have extra money for problems that arise.
Divisional income statements do not have to follow generally accepted accounting principles (GAAP) because they are internal reports. True False
Answer:
TRUE
Explanation:
A divisional income statement as the name implies it talks about a summary of the revenue generated in a particular unit within a business enterprise after removing the divisional costs in the same particular unit. Divisional income statements are internal reports so they do not have to follow generally accepted accounting principles (GAAP) as the statements generated are done within an organization. The Generally Accepted Accounting Principles are rules, codes of conduct set by a financial regulating body to make business enterprise, corporate accounting do the right thing whenever they are publishing their financial reports and statements.
Davis Enterprises has 250,000 shares of $5 par value common stock outstanding. Davis declares $2 dividend on March 2, payable on April 2. The journal entry for the payment of the Cash dividend on April 2 is:_____
Answer with explanation:
Total shares = 250,000
Dividend per share = $ 2
Total dividend = (Total shares) x (dividend ) = 250,000 x 2 = $500,000
So, the journal entry for the payment of the Cash dividend on April 2 would be :
Date particular business transaction Debit Credit
April 2 Dividend payable A/c Dr. $500,000
To cash A/c Cr. $500,000
The journal entries that would take place in the books of Davis enterprises as on April 2nd will take effect as debit in dividend payable Ac which would in turn be credited to the Cash Ac.
Journal entries is a simple format of recording the financial transactions of an organization in a chronological manner as they keep occurring in the business.
There will be debit in dividend payable account which would lead to take entry in the cash ac in the ledger accounts of the organization, here, Davis Enterprises.There are 250000 share outstanding at the end of Davis Enterprises and the dividend of $2 has been declared per share which will lead to declaration of $500000 dividend in amount.This $500000 will be distributed proportionately among the shareholders of the firm by virtue of number of shares being held by them in their demat accounts as on the record date.Hence, the dividend of $500000 will be declared by Davis Enterprises and the journal entries are attached below.
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Build a schedule for the following staffing requirements, giving workers two consecutive days off per cycle (not including Sunday). Assume that 4 days of work is full time.
Day Mon Tue Wed Thu Fri Sat
Staff needed 3 4 2 3 4 5
Answer:
Explanation:
The following process is used to schedule staffing requirements.
Start appointing workers in a way that two days contain the lowest amount of staff required are designated first.
Then, we minus 1 from each cell except for the selected pair of days.
After that, we lookout for pairs of days that contain the least amount of staff requirements.
We will then repeat the above process until the staffing requirements are fully met.
OUTPUT:
[tex]\ A\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ B\ \ \ \ \ \ \ \ \ \ \ C\ \ \ \ \ \ \ \ \ \ \ D\ \ \ \ \ \ \ \ \ \ \ E\ \ \ \ \ \ \ \ \ \ \ F\ \ \ \ \ \ \ \ \ \ \ G[/tex]
[tex]1 \ \ \ \ Day \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Mon \ \ \ \ \ \ \ \ \ \ \ Tue \ \ \ \ \ \ \ \ \ \ \ Wed \ \ \ \ \ \ \ \ \ \ \ Thur \ \ \ \ \ \ \ \ \ \ \ Fri \ \ \ \ \ \ \ \ \ \ \ Sat[/tex]
[tex]2 \ \ \ \ Staff \ needed \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ \ 4 \ \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ 4 \ \ \ \ \ \ \ \ \ \ \ 5[/tex]
[tex]3 \ \ \ \ Worker \ 1 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ \ 4 \ \ \ \ \ \ \ \ \ \ \ \mathbf{2 \ \ \ \ \ \ \ \ \ \ \ 3} \ \ \ \ \ \ \ \ \ \ 4 \ \ \ \ \ \ \ \ \ \ \ 5[/tex]
[tex]4 \ \ \ \ Worker \ 2 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \mathbf{ 2 \ \ \ \ \ \ \ \ \ \ \ 3} \ \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ \ 4[/tex]
[tex]5 \ \ \ \ Worker \ 3 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ \ \mathbf{1 \ \ \ \ \ \ \ \ \ \ \ 2} \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \ 3[/tex]
[tex]6 \ \ \ \ Worker \ 4 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1 \ \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \ \mathbf{1 \ \ \ \ \ \ \ \ \ \ \ 2} \ \ \ \ \ \ \ \ \ \ 1 \ \ \ \ \ \ \ \ \ \ \ 2[/tex]
[tex]7 \ \ \ \ Worker \ 5 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0 \ \ \ \ \ \ \ \ \ \ \ 1 \ \ \ \ \ \ \ \ \ \ \ 1 \ \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \mathbf{0 \ \ \ \ \ \ \ \ \ \ \ 1}[/tex]
[tex]8 \ \ \ \ Worker \ 6 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0 \ \ \ \ \ \ \ \ \ \ \ 0 \ \ \ \ \ \ \ \ \ \ \ 0 \ \ \ \ \ \ \ \ \ \ \ 1 \ \ \ \ \ \ \ \ \ \ \ 0 \ \ \ \ \ \ \ \ \ \ \ 1[/tex]
[tex]9 \ \ \ \ No \ working^* \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ \ 4 \ \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ \ 4 \ \ \ \ \ \ \ \ \ \ \ 5[/tex]
10 *count the number of workers after excluding highlighted cells and 0 values.
Day Minimum number of workers needed
[tex]Mon \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3[/tex]
[tex]Tue \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4[/tex]
[tex]Wed \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2[/tex]
[tex]Thur \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3[/tex]
[tex]Fri \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4[/tex]
[tex]Sat \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 5[/tex]
can produce two types of light fixtures, the indoors model and the outdoors model. if the total sales are expected to be 21,050 units, what would be the totla operating income of the company if it decides to buy the new production equipment
Answer:
$1,000,000
Explanation:
The computation is shown below:
Particulars Indoors Model Outdoors Model Total
No of Units
(21,050 in ratio 2:3) 8,420 12,630 21,050
Sales 1,263,000 2,778,600 4,041,600
Less: Variable costs 168,400 505,200 673,600
Contribution margin 1,094,600 2,273,400 3,368,000
Less: Fixed costs
(2,160,000 + 208,000) 2,368,000
Operating Income 1,000,000
Antitrust decisions based on the rule of reason depend on:
a. Both firm behavior and market structure
b. Firm behavior
c. Market structure
Answer:
Option A: Both firm behavior and market structure
Explanation:
The rule of reason is a form of a judicial analysis that address if anticompetitive agreement is actually a advisable or reasonable restraint of trade, courts will look at the agreement's purpose, parties' capacity to implement the agreement to achieve the purpose. It significantly impliese that court studies the things around business practice and deciding if it helps or hurts competition.
An Antitrust is simply a federal and a state statutes to contradict or protest commerce from certain withhold of trade, such as price fixing and others.
In early 2018, selected automobiles had an average cost of $20,000. The average cost of those same motor vehicles is now $24,000. What was the rate of increase for this item over this time period
Answer:
20%
Explanation:
Calculation for What was the rate of increase for this item over this time period
Using this formula
Rate of increase= (Ending avarage cost − Beginning avarage cost )/ Beginning avarage cost
Let plug in the formula
Rate of increase= ($24,000 − $20,000) / $20,000
Rate of increase= $4,000/$20,000
Rate of increase= 0.2*100
Rate of increase= 20%
Therefore the rate of increase for this item over this time period is 20%
Opportunity cost occurs because of a producer’s need to
limit resources.
protect resources.
allocate resources.
spend resources.
Mark this and return
Answer:
allocate resources.
Explanation:
Scarcity of resources makes producers make choices on how to use the few available resources. Like other people, producers will want to do many things but are restricted by a lack of resources. Time and money are examples of scarce resources. They have to allocate the available resources among different needs and wants.
Opportunity cost is measured by calculating the value of the next best alternative.
Answer:
C On Edge Jan 2021
Explanation:
Masters, Inc., has sales of $37,900, costs of $15,000, depreciation expense of $2,400, and interest expense of $1,310. If the tax rate is 25 percent, what is the operating cash flow, or OCF?
Answer:
Operating cash flow= $16,792.5
Explanation:
Giving the following information:
Masters, Inc., has sales of $37,900, costs of $15,000, depreciation expense of $2,400, and interest expense of $1,310.
To calculate the operating cash flow, we need to use the following structure:
Sales= 37,900
COGS= (15,000)
Gross profit= 22,900
Depreciation= (2,400)
Interest= (1,310)
EBT= 19,190
Tax= (19,190*0.25)= (4,797.5)
Depreciation= 2,400
Operating cash flow= 16,792.5
Which of the following best describes a player's role in any game?
O A. The name of his or her character.
O B. The number of turns he or she gets to take.
O C. The way he or she scores points.
O D. The actions expected of him or her.
When using QuickBooks Online Accountant, Diane Doolittle opens a client's QuickBooks Online company from her Client Dashboard. Where can she see which apps are connected to the client's account without logging out of the account?
Answer: d. Left navigation > Apps
Explanation:
QuickBooks Online is a very useful accounting software that caters for the accounting needs of millions of small and medium type businesses including novices due to its simple interface.
Should Diane Doolittle want to see the apps that are connected to her client's account she should click on the left navigation and on the list she will see Apps (below work). Clicking on this would give the required information.
In a market economy resources tend to be allocated optimally. Discuss how the interaction of consumers and producers makes this happen.
Answer:
Under the capitalist structure, the distribution of services is highly reliant mostly on price fluctuations of the commodities itself. For both buyers as well as vendors in the industry, price serves as a predictor.
Sellers can use heavy priced limited raw commodities (e.g. the copper industry) or tools to manufacture high-value items to be specifically given specific pricing details. Similarly, only those buyers who see profit in buying those better priced goods would also enable them to maintain equilibrium within the scheme.
2008 crisis question.
Answer: b. Glass Steagal separated the commercial loan balance sheet of a bank from the investment banking arm (a much riskier part of bank operation). It was important because without this separation, when a bank fails due to bad investments, it also fails all of its commercial duties to keep the economy liquid.
Explanation:
The 1920s came with a fast rising American economy. The stock market portrayed this rise by making huge profits for the public and so people wanted to get into stocks more and more until the stock market crashed and million lost money.
Some of those who participated had borrowed the funds from commercial banks which now had losses as they had loaned out money that could be used for other commercial duties. The proponents of Glass Steagal believed that separating a bank's commercial side from investing would fix this.
What is a political argument for regional economic integration? Multiple Choice It reduces the potential for violent conflict. It creates opportunities for entrepreneurism. It tends to increase national sovereignty. It stimulates economic growth. It increases trade diversion.
Answer:
The political argument for regional economic integration is that:
It reduces the potential for violent conflict.
Explanation:
Regional economic integration is a well-known tool for reducing violent conflict between nations within a geographic region. Other benefits include the creation of economic opportunities for entrepreneurs with expanded markets. It thereby stimulates economic growth within the region. It does not increase national sovereignty but increases trade diversion from productive exporters to less capable nations.
Suppose a stock had an initial price of $50 per share, paid a dividend of $.80 per share during the year, and had an ending share price of $38. Compute the percentage total return. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answer:
25.6%
Explanation:
Computation for the percentage total return
Using this formula
Percentage total return=[(Ending share price-Initial price)+Dividend]/Initial price
Let plug in the formula
Percentage total return=[($38-$50)+$.80)/$50
Percentage total return=$12+$.80/$50
Percentage total return=$12.8/$50
Percentage total return=0.256*100
Percentage total return=25.6%
Therefore the percentage total return will be 25.6%
Which process is used to produce very high volume products where little product variety is required? A. job shop B. batch production C. project D. mass assembly
Answer:
D. mass assembly
Explanation:
Mass assembly is a process used to produce very high volume products where little product variety is required.
This ultimately implies that, mass assembly is a manufacturing technique used by various industries or companies to produce standardized products (goods) in large quantities through the use of automated machineries or assembly lines from start to finish.
Hence, mass assembly avails business owners the ability or opportunity to manufacture their products in large quantities so as to enable them meet the needs or requirements of their customers for a long period of time.
Outline and discuss the major categories of reimbursements and costs in a health care organization. How do they influence each other
Answer:
In healthcare organisations, main compensation and expense divisions focus on where they are utilised; there's many various types of entities, including such: profits, non-profit as well as residential. Stockholders of benefit organisations on the company and earn income from them.
Non-profit agencies raise revenue from their patient/consumer programmes and are prohibited from collecting tolls. In private coverage, the organisation department will supply the healthcare professional with direct payment.
The category of service user, such as as someone who spends with his own funds and someone who uses different private programmes available in market.
you invest $25,000 in a Perpetuity fund that pays you $3,000 a year forever what is your rate of return in this investment
Answer:
12%
Explanation:
Calculation for what is your rate of return in this investment.
Using this formula
Rate of return=Amount paid a year /Amount invested in
Perpetuity fund
Let plug in the formula
Rate of return=$3,000/$25,000
Rate of return=0.12*100
Rate of return=12%
Therefore the Rate of return will be 12%
What do you have to do to learn and be a pilot
.1 learn to play radio
2. Learn to fly
3 learn to fly and land and set off
SO EASY
Answer:
All of the above (That is to regulations)
Explanation:
Although if you had to choose one it would be 3. learn to fly, land and set off.,
