Elmer sporting goods project will payback period itself off in 2.43 years.
Elmer Sporting Goods has committed $1.85 million toward the production of a new line of golf clubs. Over the following three years, the investment will generate additional cash flows of $525,000, $812,500, and 1,200,000.
The payback period is the length of time needed for the investment to yield a profit. The investment cost left over for the first year is $1,850,000 less $525,000, which equals $1,325,000. The remaining investment cost for the second year is $512,500 ($1,325,000 - $812,500). The payback in the third year is 0.427, 2.43 years is the entire payback period.
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Jamal’s company has decided to open a nonoperating subsidiary in a tax haven. what would be the main reason for establishing this subsidiary?
The main reason for establishing this subsidiary is that it has low, or perhaps, no income tax. Therefore, first option is the correct answer.
In an economically and politically secure climate, a tax haven is a nation that gives foreign firms and individuals little to no tax liability for their bank accounts. They contain tax benefits for businesses and the extremely rich, as well as a clear potential for abuse in nefarious tax evasion schemes. Tax havens can be used legally by businesses and rich people to store money generated abroad while avoiding paying higher taxes in the US and other countries.
Tax havens may also be utilised unlawfully to conceal money from domestic tax authorities. By not cooperating with foreign tax authorities, the tax haven may make this work. Recent years have seen an increase in the political pressure on tax havens to assist with investigations into international tax evasion.
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Complete Question:
Jamal’s company has decided to open a nonoperating subsidiary in a tax haven. what would be the main reason for establishing this subsidiary?
It has low, or perhaps no, income tax.The tax haven pays higher dividends.There is no waiting period to access funds.The tax haven handles all tax preparation.. fundamental trends driving decisions about effective organizational structures in the 21st century include: group of answer choices a) the internet. b) globalization. c) speed of decision making. d) all of the above e) none of the above
In the twenty-first century, (B) diversity is one of the fundamental trends influencing choices concerning efficient organizational structures.
Multifunctional organizational structure: Advantages and Disadvantages
-allocating assignments to operational specializations allows employees to focus on just one part of the assigned paperwork.
-permits utilization of the most recent required skills
-gains a good performance management system
Cons: The functionalities can't be coordinated well enough.
-limited viewpoints and disparities between the operational units' agendas
*Integrating tools (understanding the project or working on this issue) are employed within those kinds of businesses to improve coordination and to make it easier for different departments to comprehend one another.
Formal Organisational Frameworks: The 5 kinds
1. Efficient organizational design
2. Organizational Structure That Is Useful
3. Divisional Organization
SBU's parent organization
4. The organisational matrix
5. Product-Team Organization
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sean would like to work as an accountant full time. a full-time position is not available, however, so he must accept a part-time job working 15 hours per week. the bureau of labor statistics would categorize sean as
The bureau of labor statistics would categorize Sean as employed.
Employment is a partnership between two people that governs the delivery of compensated labor services. One party, the employer, who may be a company, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in accordance with the terms of a contract in exchange for doing the job that has been allocated to them.
Employees perform work in exchange for pay, which may be made in the form of an hourly wage, piecework compensation, or an annual salary, depending on the nature of the work performed, the industry conditions in effect, and the bargaining power of the parties.
In some industries, employees could get stock options, bonuses, or gratuities. In various types of employment, employees may receive benefits in addition to remuneration. A person who works part time is also considered as employed.
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the evidence suggests that recent technological change group of answer choices permanently increased the natural rate of unemployment. is different from past technological change, in that it has no impact on productivity. has increased productivity in the service sector only. has increased productivity in the manufacturing sector only. has increased the wage gap between skilled and unskilled workers.
Growth in output is a function of productivity. is widening salary disparity between unskilled and skilled workers.
Examples of increased productivity?An assembly line and equipment, for instance, are used by employees to create finished cars. Both labor and capital are represented by the workforce. Each employee needs to be able to provide more output if productivity is to rise. Labor productivity growth is the term used to describe this.
Why does productivity increase?When the same quantity of product is produced with fewer inputs or with the same number of inputs, productivity increases.
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true or false. Jeff, Kirk, and Rina are partners in a law firm. The partnership is dissolved if Rina withdraws from the partnership and Jeff and Kirk continue to operate the business.
If Rina leaves the business and Jeff and Kirk remain in charge of the company, the partnership is dissolved. The assertion made is untrue.
What makes business so crucial?Our lives rely greatly on business. . Then, they enlist homes as workers and compensate them with earnings, salaries, and perks. As a result, it will become a source of revenue for them, which they may utilize to maintain their way of life.
Why do we launch a company?Comparing working for a pay or salary to starting one's own business, there are various financial advantages. First of all, you're creating a business with room for expansion, and as your organization expands, so does your bank account.
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a company turns its inventory six times a year. what is its days-of-supply in months? (i.e., what is the number of months) inventory is going to last? group of answer choices 2 months 0.5 months 6 months 72 months
A corporation that turns its inventory six times a year will have a 2-month days-of-supply and a 34.8-time annual inventory turn.
The products and materials that a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock. The main focus of the discipline of inventory management is determining the location and shape of stocked products.
a) Inventory turns = 6 times
Months per year = 12 months
Months of supply = Months per year / inventory turns
Months of supply = 12 months / 6 times
Therefore, Months of supply = 2 months
b) Number of days per year = 365 Days
Days of supply = 10.5 Days
Annual inventory turn = Number of days per year / days of supply
Annual inventory turn = 365/10.5
Therefore, Annual inventory turn = 34.8 times
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the coupon rate on the firm’s outstanding debt can be used as a substitute for the cost of debt. t or f
The statement 'the coupon rate on the firm’s outstanding debt can be used as a substitute for the cost of debt' is false.
In the field of business, coupon rate can be described as the revenue that an investor hopes to get when he files for a certain debt.
However, although a company is most likely to get the money according to the contract of the coupon rate, the coupon rate cannot be used as a substitute for the cost of debt. This is because revenue from the coupon rates can take years to be completed and there might be some kind of fraud involved in it.
Hence, the coupon rate is not a substitute for the cost of debt on the firm.
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when formulating transportation lp problems, the objective function usually deals with the group of answer choices number of items to be transported. shipping cost or distances associated with transporting goods. number of origins and destinations. choice of transportation mode (e.g., truck, airplane, railroad, etc.).
Shipping cost or distances associated transporting goods. number of origins and Remember that the regular transportation There are as many variables in the situation as there origins and final locations There are two antecedents. and three locations in this issue, providing. The correct answer is Railroad.
6 choice variables in total, or 2 x 3 variables. because of LP formulation, transportation problem.It lowers the price of transportation. Definition decision-making variables first. The primary purpose and then write down the limits. lnstead of determining optimality, depict flows on arcs to provide any feasible option.a particular linear programming problem Moving objects is a difficulty with transportation. between a number of sources and a number of destinations while accounting for their comparative supply and maximising demand to reduce total cost transportation.If there is a simple transportation issue (with no limitations on arc capacity) has four roots. the lp formulation of the five destinations, and the .There are nine limitations on the problem.
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most collective bargaining agreements in the united states are reached a. only after government intervention to avoid a strike. b. without a strike. c. only after a strike lasting at least a year. d. only after binding arbitration. e. only after a strike lasting at least three weeks.
Most collective bargaining agreements in the united states are reached without a strike.
A nation in North America, the United States of America is also referred to as the United States or America. It is made up of 326 Indian reservations, five significant unincorporated territories, nine Minor Outlying Islands, and 50 states. Both in terms of overall area and land area, it is the third-largest nation. The northern and southern land boundaries of the United States are shared with Canada and Mexico, respectively. Along with other countries, it shares maritime boundaries with the Bahamas, Cuba, and Russia. It is the most populated nation in the Americas and the third most populous in the world, with a population of over 331 million. The most populous metropolis and financial hub is New York City, while Washington, D.C., serves as the nation's capital.
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jamie won $500 at lucky casino and $1,250 at riverboat casino. his losses for the year at lucky casino were $800 and his losses at riverboat were $900. he also spent $100 for lottery tickets without winning anything. how much can he deduct on schedule a (form 1040), itemized deductions, for gambling losses?
According to the given information, Maximum amount of loss can be deducted as per Gambling provision is $1750.
Gambling losses may be offset against gaming winnings throughout the year in accordance with the gambling provision.
Only after keeping track of your winnings and losses may you reduce your losses from your winnings.
Winning from Gambling:Particulars Amount ExplanationLucky casio $500
Riverboat casio $1250
Total $1750 $500+$1250
Losses from Gambling:Particulars Amount ExplanationLucky casio $800
Riverboat casio $900
Lottery ticket $100
Total $1800 $800+$900+$100
Gambling is the act of staking something of value with the knowledge that there is a chance of loss and the expectation of gain on the result of a game, a competition, or other uncertain event, the outcome of which may be determined by chance or accident or may have an unexpected outcome due to the bettor's error in judgment.Learn more about Gambling, here
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yvonne's employer offers a health plan that has a group of doctors and hospitals that agree to provide specified medical services to members at prearranged fees. this health plan offers some flexibility since members can either visit a physician from a list or go to their own doctors. what kind of plan does her employer offer?
The plan offered by Yvonne's employer regarding health plans is Preferred Provider Organization (PPO)
Health insurance is insurance that provides guarantees to the insured to reimburse for any medical expenses that include hospital costs and drug costs. Several companies often offer this type of health insurance to their employees because it is the responsibility of the company. One of the most common types of health insurance is the Preferred Provider Organization (PPO).
Preferred Provider Organization (PPO) contains the managed care aspects of a healthcare organization, In PPOs there is the added flexibility of being able to go outside the professional network and healthcare facilities to a healthcare provider of choice to take responsibility. PPOs organize medical care where medical professionals and facilities provide services to subscribing clients at reduced rates.
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Aaron bought a motor home for $50 000. If he later sold it for $10 000, find the loss as a perentage of the cost price.
At a loss of 80%, Aaron sold his motor, as of the given condition.
Given that,
Aaron bought a motor home for $50,000. He later sold it for $10,000, to find the loss as a percent of the cost price.
What is the cost price?Cost price is the amount a buyer pays a seller for a good or service.
Calculation:cost price = $50,000
Selling price = $10,000
Loss % = cost price - selling price/ cost price × 100
Loss % = 50,000 - 10,000 / 50,000 × 100
Loss% = 40,000 / 50,000 × 100
Loss% = 80%
Thus, the required loss percentage is given as 80%.
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Felix and oscar are roommates. oscar is messy and felix plans to move out unless they can come to an agreement. the roommates can only reach a private solution if oscar compensates felix for being messy.
a. True
b. False
The statement Felix and Oscar are roommates. Oscar is messy and Felix plans to move out unless they can come to an agreement. The roommates can only reach a private solution if Oscar compensates Felix for being messy' is false.
A possible solution for Oscar being messy is not only the possibility that Oscar compensates or pays money to Felix for being messy. Hence, the statement above is false.
Oscar can offer other compensation methods such as offering to clean the room and assign turns for cleaning or he can hire a maid for the mess that he makes. Paying Felix for the mess that Oscar makes can be a solution but it is not the best possible solution in the above case. The best possible solution will be to find a way to make the room clean.
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which of the following is true? group of answer choices modern forecasting methods make it relatively easy to time fiscal policy changes in a manner that will help stabilize the economy. legislative action is necessary if automatic stabilizers are going to smooth the ups and downs of the business cycle. proper timing of changes in discretionary fiscal policy is both crucially important and difficult to achieve. both the crowding-out and new classical theories indicate that expansionary fiscal policy will exert a powerful impact on aggregate demand.
The correct answer is (B). As It's critical and challenging to implement changes to discretionary fiscal policy at the proper time.
Government budget changes are made through fiscal policy to affect overall demand. i.e., altering spending and taxes.
Adjustments to the government's tax rates and/or spending levels are referred to as discretionary fiscal policy. To encourage spending, for instance, the VAT was reduced in 2009.
An expansionary fiscal plan reduces taxes while increasing spending on the government.
Discretionary fiscal policy differs from automatic fiscal stabilisers.
The government may decide to raise public work spending programs as well, though, if they consider that these automatic stabilisers are not enough.
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What dimension of the business use of cloud systems focus on the benefits of rapid deployment, on-demand provisioning, and disaster recovery?
a. Streamlined Business Development
b. Financial Savings
d. Regulatory Compliance
e. Increased Flexibility
Option D, Increased Flexibility. The delivery of processing services, such as servers, storage, data bases, organizing, research, and insight over the Internet allows for more rapid development and flexibility.
A significant section of the corporate community continues to function without cloud computing, despite data showing the business efficiency, cost-benefits, and competitive advantages it holds. Cloud computing has been available for around 20 years. They are employing this technology to manage their businesses more successfully, provide better customer service, and significantly boost their overall profit margins. Similar to web-based email clients, cloud computing enables users to access all of the system's functions and files without having to store the majority of that system on their own machines.
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a group of investors got together and purchased all of the outstanding shares of common stock of country road industries inc. what is the return that these individuals require on this investment called?
The return that these individuals require on this investment called cost of equity.
funding is the determination of cash to purchase of an asset to acquire an boom in fee over a time period. funding requires a sacrifice of some gift asset, along with time, money, or effort. In finance, the reason of making an investment is to generate a return from the invested asset. The go back may also include a benefit (profit) or a loss found out from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income along with dividends, interest, or apartment earnings, or a combination of capital benefit and earnings. The return may additionally encompass currency profits or losses because of changes within the foreign exchange prices.
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south beach apparel issued 15,000 shares of $4 par value stock for $20 per share. what is true about the journal entry to record the issuance?
Credit A.P.I.C. for $40,000 is true about the journal entry to record the issuance.
What is journal ?A journal refers to a scientific publication that contains articles written by researchers, professors, and other professionals. A journal focuses on a particular field or area of research.Unlike newspapers and magazines, journals are aimed at an academic or technical audience rather than the general readership.Personal records of events, experiences, and reflections kept regularly. diary. A journal is used to collect your ideas and observations on number of things and put the happenings of each day into writing. In this way, someone is able to better remember what they did, what they thought, and what was happening when they were younger. A journal is a record of raw business transactions recorded in chronological order by date. The first place where transactions are recorded. The amounts are then posted to the appropriate accounts, such as customer cash accounts, or asset accounts., cash accounts, or asset accounts.To learn more about journal from the given link :
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What are the 4 types of investments?
There are 4 essential funding types or asset instructions that traders can pick from: shares, property, cash, and stuck hobby.
Essential Types of Investments are -
Growth investments - These are more suitable for long term investors that are willing and ready to endure market high points and low points.Shares - Shares are viewed as a development venture as they can assist with developing the worth of your unique speculation over the medium to long haul.Property - Property is likewise viewed as a development speculation on the grounds that the cost of houses and different properties can rise considerably over a medium to long haul period.Defensive investments - These are more centered around reliably creating pay, instead of development, and are viewed as lower risk than development speculations.Cash - Cash ventures incorporate regular ledgers, exorbitant premium bank accounts and term stores.Fixed interest - The most popular sort of fixed interest investments are securities, which are basically when legislatures or organizations get cash from financial backers and pay them a pace of revenue consequently.Know more on types of investments - https://brainly.com/question/29549260
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Each asset account has a normal credit balance.
a. True
b. False
Each asset account has a normal credit balance is true.
Do assets have a normal credit balance?Expenses have a regular debit balance and income has a typical credit balance. As a result, the credit balance in each asset account is normal. There is a typical debit balance in each liabilities account. Liabilities and owner's equity typically have credit balances, while assets typically have a debit balance.
An account's balance rises on the same side as the side with the typical balance. On the credit side, asset accounts decline. To put it another way, positive numbers for assets and expenses are debited, and negative balances are credited. A revenue account typically has a credit balance; if the revenue account has a debit balance, the business has experienced a loss.
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What is the main difference between command and market economies?
The main differences between command and market economies are as below,
Control of factors of productionControl of demand and supply of goods and servicesAuthorities of controlA command economy can be referred to or considered as an economy wherein the central government completely owns and control the economic operations.
A market economy, on the other hand, is an economy, wherein the scope of economic operations is based on the forces of prevailing demand and supply within the economy.
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What is a savings bond ?
Saving Bond is a sort of debt security offered by the American government.
A savings bond is a zero-coupon bond, which means that it pays interest only when it is redeemed by the owner, in contrast to normal bonds that pay interest on a regular basis.
The bond is also nontransferrable, thus it can't be sold to someone else, which distinguishes it from more ordinary bonds.
The bond is issued by a government entity to generate money from the general public to finance its capital projects and other operations required to manage the economy.
When the government sells bonds, it is essentially borrowing money from the general public that it promises to repay at a future date. The government pays interest to its bondholders as payment for supplying it with funds.
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the term ________ is best described as a stream of equal installments made at equal time intervals.
The term annuity is best described as a stream of equal installments made at equal time intervals.
What is annuity?Annuity is a series of equal payments at equal intervals. Flat payments and even time intervals such as months, quarters, and years are two characteristics that make a series of payments annuities. Therefore, a series of payments can be an annuity, but not all series of payments are an annuity.
Moreover, the term 'annuity' refers to an insurance policy issued and distributed by a financial institution for the purpose of returning the money invested in the future in the form of a fixed income. An investor invests in or purchases an annuity with a monthly premium or lump sum payment. The holding institution issues future cash flows for a specified period or for the remaining life of the pensioner. Annuities are primarily used for retirement planning purposes and help individuals manage the risk of exceeding their savings.
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what is a characteristic of delayering? multiple choice it increases an organization's flexibility. it increases the opportunities for promoting employees. it sets pay according to the employees' level of knowledge. it encourages a climate of learning. it decreases the flexibility of managers in making assignments.
Characteristic of delayering is that A. It increases an organizations' flexibility.
Delayering, a technique for increasing organizational effectiveness, involves reducing levels of administration. This can be accomplished by removing pointless management tiers, grouping similar tasks, or flattening the organizational structure.
Delayering can help with cost-savings, decision-making, and communication improvements. Additionally, it can aid in enhancing the organization's flexibility and responsiveness to environmental changes.
The current status of the economy is the most pressing reason. Companies must be careful who they hire because unemployment rates are now around 8%.
Delaying new hires will also offer you more time to thoroughly evaluate applicants. Before deciding whether to hire a candidate, it's critical to get to know them well.
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Role _______ is experienced when individuals have inadequate information concerning their roles.
Role ambiguity is experienced when individuals have inadequate information concerning their roles.
What might result in role ambiguity?Role ambiguity, which may result from a poorly defined or ambiguous job description and/or unclear organizational objectives, is a word used to characterize the lack of clarity, certainty, and/or predictability one could have expected with reference to behavior in a position.
Role ambiguity has five root causes. These included the organization's size and complexity, its rate of change, limitations on the authority of its personnel, the ambiguity of their jobs, and their interconnectedness. Role ambiguity causes employees to be unsure of what activities are acceptable and inappropriate. They could question, for instance, whether they are doing improperly at work. On the other hand, people can question whether they aren't acting in a professional manner at work.
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Question 13 of 20
What would be the most likely consequence of making an
illegal turn while driving?
A. Collateral consequences
OB. Probation
C. Incarceration
D. A fine
Fine would be the most likely consequence of making an illegal turn while driving. The correct answer is option (D).
What is illegal turn while driving?When a driver makes an unsafe turn, it is regarded to be unlawful. These manoeuvres may involve doing a U-turn at an intersection with a "No U-turn" sign when the light is red or turning on red when there is a "No Turn On Red" sign.a railroad crossing, or nearby.
By going through a separating part, curb, strip of land, or two sets of the double yellow lines on a divided highway. if a curve, slope, rain, fog, or other obstruction prevents you from seeing 200 feet for each direction clearly They are prohibited because of how deadly they are, claims Arias. On how to merge back onto the freeway, only emergency cars are taught.
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rosa company produced 1,425 defective phones due to a production error. the phones had cost $70,000 to produce. a salvage company will buy the defective phones as scrap for $47,025. it would cost rosa $114,000 to rework the phones. if the phones are reworked, rosa could sell them for $199,500 . (a) prepare a scrap or rework analysis of income effects. (b) should rosa scrap or rework the phones?
a) A scrap or rework analysis showing the income effects of Rosa's defective phones is as follows:
Scrap or Rework Analysis:Scrap Rework
Total revenue $47,025 $199,500
Initial production cost (70,000) (70,000)
Rework cost 0 (114,000)
Income (loss) ($22,975) $15,500
b) Rosa Company should rework the phones to generate an income of $15,500 instead of incurring a loss of $22,975 with scrapping.
What does the rework cost?The rework cost refers to the additional cost incurred by Rosa Company to correct the defects of the phones.
Rework costs arise from production errors and increase the total production costs, reducing income or increasing loss.
Companies evaluate the costs and profits from scrapping or reworking products to determine an optimal decision by performing a scrap or rework analysis.
The number of defective units = 1,425
The total production cost = $70,000
Salvage or scrap value = $47,025
Further processing and rework cost = $114,000
Resale value after rework = $199,500
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a firm has a stock price of $55 per share and a p/e ratio of 75. if you buy the stock at this p/e and earnings fail to grow at all, how long should you expect it to take to just recover the cost of your investment?
It will take 75 years just to recover the cost of your investment.
The time it takes to recoup the cost of an investment is referred to as the payback period. It is simply the amount of time it takes an investment to break even.
The payback period is crucial since people and businesses invest money primarily to be reimbursed. In general, an investment is more appealing the faster its payoff is.
Everyone may benefit from knowing the payback period, which can be calculated by dividing the initial investment by the typical cash flows.
Earning per share = stock price / profit to earning ratio
= 55/75
= $.73333 per year
Now, we will calculate payback period
Payback period = stock price / earning per share
= $55/$.73333 per year
= 75 years
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Which phrase best completes the diagram
Answer:
DISTILLATION IS A PROCESS that relies on evaporation to purify water. Contaminated water is heated to form steam. Inorganic compounds and large non-volatile organic molecules do not evaporate with the water and are left behind. The steam then cools and condenses to form purified
you are studying to be an accountant. during school breaks, you work part-time at a large company that sells its stock on the stock exchange. to help you understand how investments work, you bought 100 shares of stock in this company. while doing the bookkeeping, you discover the company just had a very bad financial quarter. you anticipate the price for the company stock will fall substantially once that information is made public. you decide to sell your shares immediately to avoid a significant loss. you direct your stockbroker to sell your stocks and are able to complete the transaction before this news gets out. have you done anything illegal by selling your stock when you did?
Yes, you will be liable for insider trading based on the misappropriation theory.
Why Is Misappropriation Theory Important?According to the misappropriation argument, anyone who trades stocks using insider information has committed securities fraud against the source of the information. A person who violates the misappropriation theory may be found guilty of insider trading in the US and sentenced accordingly.
When was the principle of misappropriation developed?In the 1961 SEC hearing, there was a significant initial step toward extending Section 10(b) to cover insider trading. In re Cady, no. 29. The misappropriation approach advances the public interest by extending the application of Rule 10b-5 to more conduct that arises from a fiduciary or duty similar to a fiduciary obligation.
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allowance for doubtful accounts has a debit balance of $304 at the end of the year (before adjustment), and bad debt expense is estimated at 2% of credit sales. if credit sales are $959,100, the amount of the adjusting entry for uncollectible accounts is
Allowance for Doubtful Accounts is a contra asset (Accounts Receivable) account. It is a way for prudently providing for credit losses. The Bad Debt Expense account is the account where the expense for uncollectible for the period is charged. Uncollectible accounts is $18,878
Given the above information, the amount of the adjusting entry to record the estimated uncollectible account receivable is below
= Bad debt expense × Net credit sales
= 2% × $959,100
= $19,182
Then,
=Balance - Allowance for doubtful account (debit balance)
= $19,182 - $304
= $18,878
hence, the amount of the adjusting entry to record the estimated uncollectible account receivable is $18,878
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