Answer:
True
Explanation:
As at the time factory rent was paid by Pepperdine company, it did notaffect toatal assets as the factory is an asset of he company as it is rented. I also doesn't affect the net income since the rent is going to included in capital for the company.
Cheers.
the headline of a news story is the most important part because it
A) always involves conflict
B) needs to grab the audience
C) will attract advertisers
D) must use precise grammar
Answer:
B.needs to grab the audience
Which of the following would NOT be an operations function in a commercial bank? Group of answer choices
1. teller scheduling
2. check clearing collection
3. auditing
4. maintenance
Among the following, maintenance is not an operations function in a commercial bank. Thus, option '4' is the correct option,
What are the operations function in a commercial bank?The general public, including both private citizens and small to medium-sized enterprises, is served by commercial banks' fundamental banking services and products. Checking and savings accounts, loans and mortgages, fundamental investment options like CDs, as well as additional services like safe deposit boxes, are among the services offered.
Fees and service charges are how banks are paid. These costs range from account fees (monthly maintenance fees, minimum balance fees, overdraft fees, non-sufficient funds (NSF) penalties), safe deposit box fees, and late fees, depending on the goods. In addition to interest costs, many loan packages also include other expenses. They use consumer deposits as collateral for loans. However, the interest rate that the bank pays on the money that they borrow is lower than the interest rate that is charged.
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A six-month, 180-day CD offers an annualized interest rate of 1.10% and requires a minimum deposit of $25,000. What is the amount of interest that will be earned on this investment?
Answer:
$135.63
Explanation:
Data provided in the question:
Time = 180 days
Time in years = 180 ÷ 365 = 0.4932 years
Amount deposited = $25,000
Annual Interest rate = 1.10% = 0.011
Now,
Interest = Amount deposited × Rate × Time
or
Interest = $25,000 × 0.011 × 0.4932
or
Interest = $135.63
Hence,
The amount of interest earned is $135.63
Lyndon, a citizen of Maryland, obtains a federal license to operate a commercial fishing boat in a certain area off the Maryland coast. The Maryland state legislature enacts a law that bans all commercial fishing in that area. The state law most likely violates:_______.a) no provision in the U.S. Constitution.b) the commerce clause.c) the due process clause.d) the supremacy clause
Answer:
d) the supremacy clause
Explanation:
Lyndon a man from Maryland, receives a federal license to perform a commercial fishing boat in a particular region off the Maryland shore. Maryland's state legislature passes a law that bans all commercial fishing in that region. The state law most likely breaks the supremacy clause. In the supremacy clause, it authenticates that the federal laws made will be agreeable to it. Also, the agreements should be made under its authorization
Which of the following is a condition in the general environment that if exploited effectively helps a company reaches strategic competitiveness?
Answer:
The correct answer to the following question will be "Opportunity".
Explanation:
A market opportunity to sell or contract any commodity, facility, facilities, etc. that will allow the buyer-licensee to set up a business.The licensor of a marketing opportunity usually announces that he or she will protect or support the purchaser in finding a suitable destination or deliver the commodity to the cardholder-licensee.Therefore, Opportunity is the right answer.
Analyzing the difficulty, frequency, and importance of work activities associated with a particular job is a fundamental aspect of job design.
Answer:
The correct answer to the following question will be "Job Analysis".
Explanation:
Analyzing the complexity, pace and value of work related to a given job is a fundamental aspect of career research.
A task review is a tool used to gather information about a given job's tasks, obligations, required skills, expectations and work environment. Job Analysis assembles a job description, which is the daily performance consequence of the work-study, you want as much information as possible.Therefore, Job Analysis is the right answer.
To address the widespread and growing concern of contaminated food causing serious injury and death to individuals throughout the U.S., Congress passed a law stating that anyone intentionally distributing contaminated food is subject to criminal prosecution, civil fines, or both. Congress included a provision that any company with a corporate food-safety compliance policy approved by the FDA would avoid criminal prosecution, but not civil fines. To be approved, the company policy must require the company to report to the U.S. Food and Drug Administration any test results that indicate salmonella is present and consult with that agency before shipping any possibly contaminated food. 1. Using the Business Process Pragmatism procedure as part of his decision making process, Trevor first should perform to determine the legal and ethical issues related to implementing a corporate food safety compliance policy.
Answer:To put in place a corporate food safety compliance policy is the basic requirements for salvaging the consumers from poisoned food ,companies are required by total quality management to go beyond just avoid fines but to put the customer safety first and foremost of their business plan ,the BPP requires company to take the following steps inquiry,discussion,decision, justifications and evaluation.
Explanation:using the business process pragmatism methods the following steps will be taken
Inquiry:Trevor should make inquiry on what constitutes poisoning in food industry,this may require stakeholders meeting which must include expert quality control officers,industry experts,representative of the US food and drug administration,legal expert in the food industry etc,
Discussion :the forum will review the causeof food poisoning in the industry and how it affects the populace and how it can be checked or reduced or avoided.
Decision a decision acceptable to all stakeholders which has the best interest of the consumers should be reached with a clear plan of implementation , this should consider the legal aspect and at the same time the health of the population which it tends to make it's consumers .
Justifications:there should be enough justifications for any decision reached because the board and the shareholders are also stakeholders and need to be convinced as well that any decision taken will have their interest as well as the consumers at heart as well as protecting the brand .
Evaluation:this requires financial aspect and the other resources that may be required to be assess while the best workable should be adopted.
You deposit $10,000 in a bank and plan to keep it there for five years. The bank pays 8% annual interest compounded annually. Calculate the future value at the end of five years.
Answer:
$14,693.28
Explanation:
Data provided in the question:
Amount deposited in the bank = $10,000
Time for which it is kept, n = 5 years
Annual interest rate = 8% compounded annually = 0.08
Now,
The Future value using the formula for compounding is given as:
Future value = Amount deposited × ( 1 + rate )ⁿ
or
Future value = $10,000 × ( 1 + 0.08 )⁵
or
Future value = $10,000 × 1.4693280768
or
Future value = $14,693.28
________ firms are those that basically provide their owners a level of income similar to what they would be able to earn in a conventional job.
Answer: salary substitute firms
Explanation:
A salary substitute firm is a kind of small business that yield a level of income for their owner that is similar to what they would earn when working for an employer. Examples of salary substitute include small businesses such as hairdressing, restaurants, dry cleaning services etc. Majority of small businesses fit into this category.
________ operate in warehouse-like facilities, sell a limited selection of items, and offer few frills. Customers pay annual membership fees and are able to purchase goods at deep discounts.
a. Superstores
b. Factory outlets
c. Discount stores
d. Independent off-price retailers
e. Warehouse clubs
Answer:
warehouse clubs
Explanation:
this is a retail store, usually selling a wide variety of merchandise and goods, in which customers may buy large, wholesale quantities of the store's products, which makes these clubs attractive to small business owners.
The clubs are able to keep prices low due to the no-frills format of the stores. In addition, customers may be required to pay annual membership fees in order to shop.
Consider the following statement: "In general, profit opportunities are rare. At any time, many people are searching for them, and as a consequence, few exist." Which type of market does this statement best describe?
A. efficient market
B. international market
C. closed market
D. open market
Answer:
A. efficient market
Explanation:
An efficient market is a market where all information related to the price available to everyone and price changes quickly according to the available information. for example the Stock exchange market, where everyone knows about the share price of listed companies and because of this same available information to everyone there is more fluctuations in price and quantity of products and leads to limited profit opportunities.
When a T-shirt manufacturer states, "We sell it only in black because that way we can buy plenty of black fabric and run our plant efficiently," its statement reflects the views that were popular in which era of the evolution of marketing?a. production-oriented.b. sales-oriented.c. market-oriented.d. value-based marketing.e. economics-oriented.
Answer:
a. production-oriented.
Explanation:
The only consideration of the firm when deciding what to produce is how the plant can run efficiently. They don't consider cost or value of the good to consumers.
Thus, the firm is production-oriented.
I hope my answer helps you
A supportive style of communication in which the sender expresses a willingness to consider the other person's position is called _________________.
a. control
b. provisionalism
c. problem orientation
d. empathy
e. neutrality
Explanation:
This involves acknowledging other point of view and willingness to listen and consider. So Provisional communication is the right answer.
Control communication:
Control over the entire process so that the expectation of the customer are satisfied.
Problem orientation:
Focused mainly on solving issue rather than finding reason behind.
Empathy:
Communicating ideas such that others understand it better.
Neutrality:
Communication will be threatening to the listener.
Which of the following transactions would be recorded if using the accrual basis of accounting but not if using the cash basis of accounting?
a. Borrowing moneyb. Paying off loansc. Purchasing inventory on accountd. Collecting customer payments
Answer:
c. Purchasing inventory on account
Explanation:
Purchase of inventory on account is not to be recorded when cash basis of accounting is recorded...where as it is recorded when accrual basis of accounting is used.
A local computer manufacturer hires an additional worker and pays $10.00 per hour for an 8-hour day. The worker is capable of assembling 3 computers an hour. The firm sells each computer for $1,500. What is the marginal physical product of this worker?
Answer: 3 computers per hour
Explanation: Marginal physical product is the extra output produced by increasing a unit of the variable input keeping other factors constant.
It could simply be explained as the contribution of the additional variable factor to the total production.
Here, hiring an additional worker who his capable of assembling 3 computers per hour means a plus 3 increase in total production per hour.
The part of the money supply produced by the private banking system is called by the government or central bank is called?
Open Market Operation is the system in which the Central Bank supply money to the private banks.
Explanation:
The Reserve bank buy as well as sale the government securities so that it can control money supply. By selling and buying securities in a free market the amount of money is either expanded or contracted.
During inflation the price of the product rises , at that time the Reserve Bank purchase the securities so that money is not spend but in the other hand during deflation there is fall in the price as a result the Reserve Bank sale the securities so that purchase can be done.
The cyclical surplus is $450 billion, potential output is $10 trillion and tax rate is 15 percent. With this information, we can infer that the actual output of this economy is:________.
Answer:
$13 trillion.
Explanation:
The actual output of economy can be calculated using the following mentioned formula:
Cyclical deficit=tax rate in question(potential output - actual output)
-$450 billion=0.15($10 trillion-actual output)
-$450 billion=$1.5 trillion-0.15*actual output
0.15*actual output=$1.5 trillion+$450 billion
0.15*actual output=$1.95 trillion
Actual output=$13 trillion.
An office building has a potential gross income of $12,600 per year. The vacancy rate is 5% and the annual expenses are $3,600. What is the market value if the capitalization rate is 12%?
Answer:
The answer is $69750.00
Explanation
Calculation of market value using income approach is calculated as follows;
Value= Net operating income (NOI) /Cap rate
Net Operating Income (NOI) is potential rental income plus any additional property-related income minus vacancy losses minus total operating expenses.
Value= [12600 - (12600*0.05) - 3600] / 0.12
Value =$69759
The market value of the office building, with a 12% capitalization rate, is approximately $69,750, considering a potential gross income of $12,600, a 5% vacancy rate, and $3,600 in annual expenses.
To calculate the market value of an office building, you can use the income capitalization approach, which considers the potential gross income, expenses, and the capitalization rate. Here's the formula:
Market Value = Net Operating Income (NOI) / Capitalization Rate
First, we need to calculate the NOI:
Potential Gross Income (PGI) = $12,600 per year
Vacancy Rate = 5% (0.05)
Vacancy Loss = PGI * Vacancy Rate = $12,600 * 0.05 = $630 per year
Effective Gross Income (EGI) = PGI - Vacancy Loss = $12,600 - $630 = $11,970 per year
Annual Expenses = $3,600 per year
Net Operating Income (NOI) = EGI - Annual Expenses = $11,970 - $3,600 = $8,370 per year
Now, we can calculate the market value using the capitalization rate:
Capitalization Rate = 12% (0.12)
Market Value = NOI / Capitalization Rate
Market Value = $8,370 / 0.12
Market Value ≈ $69,750
So, the market value of the office building is approximately $69,750 if the capitalization rate is 12%.
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Green technologies such as smart grid electricity services, online energy management, and consumer-generated energy are __________ forces that would be identified through an environmental scan.Question options:1. social2. competitive3. regulatory4. technological5. economic
Answer:
4. technological
Explanation:
Technological forces are such forces which influence the technological developments on consumers, businesses, and society in general. Technological forces can improve better communication and management information systems. Therefore, when we scan the environment, we can find online energy management and consumer-generated energy. Therefore, D is the correct answer.
Leticia is twentyminustwo years old and she has all of her savings in a Certificate of Deposit (CD) at the bank that currently pays an annual 1.5 percent yield. The account is protected by the FDIC so it is virtually risk free. She hopes to use her savings for a down payment on a new house in ten years. Inflation in house prices in her area has averaged 4 percent per year. What financial principle does she need to pay better attention to?
Answer:
There is direct relationship between risk and return, and there is time value of money.
Explanation:
Leticia must understand that there is direct relationship between risk and return. The higher the risk of an investment portfolio, the higher the return.
The rate of inflation in house property market price is quite higher than return receivable on her investment in CD.
In order to perfectly hedge against inflation in property price, there is a need for Leticia to invest now in a portfolio that is capable of given her at least 4% return on investment .
"________ products are less frequently purchased consumer products and services that customers compare carefully on suitability, quality, price, and style."
Answer: The correct answer is Shopping Products
Explanation: Shopping products are products that are not frequently requested and purchased. In purchasing these products, a consumer consciously weighs his options by comparing the suitability of the goods in meeting his needs.
The price and quality of the products are also determining factors for shopping products.
Salesperson Sue has just completed a purchase and sale agreement with Bob, her client, in order to make an offer on a house. The agreement includes a good faith deposit of $5,000 in the form of a check, which Bob has given to Sue. Absent any specific instructions, what should Sue do with Bob's check?
Answer:
Sue should turn it over the to her broker
Explanation:
The agreement between Salesperson Sue customer Bob included a good faith deposit of $5,000 in the form of a check, which Bob has given to Sue. Absent any specific instructions, Sue should turn it over the to her broker should Sue do with Bob's check.
Bill has $10 to spend on a Superman, Batman, or an X-Men T-shirt. Bill buys the Superman T-shirt and the Batman shirt was a close second choice. What is the opportunity cost?
Answer:
Opportunity Cost = Batman Shirt
Explanation:
Opportunity Cost is the coat of next best alternative forgone while making a choice.
Eg: Working as a teacher with salary Rs 20000, if a teacher sacrifises private coaching income = Rs 15000. Latter (Rs 15000) is the next best alternative forgone while choosing school teaching.
Similarly, Bill choosing Superman T-shirt has opportunity cost as value of his second best choice foregone i.e Batman T-shirt
Answer:
Bill sucks Batman is better than al of those other options
Explanation:
Suppose the state of Florida passes a law that increases the tax on alcoholic beverages. As a result, resi-dents in Florida start purchasing their alcohol in surrounding states. Which of the following principles does this best illustrate?
Answer:
Residents (people's) reaction to Incentives
Explanation:
An incentive represents something, an action or a law that causes people to act or change their behaviour about something at a particular time. Basically, incentives work by making rewards available to individuals who change their behaviour on a targeted issue.
Usually, since people rationally compare the costs and benefits of their actions, incentives gives them the opportunity to raise their perception of this costs and benefits and also induces them to respond.
Florida increases the tax on alcoholic beverages, the people still see the benefits of taking alcohol but not at the increased, the reaction therefore, is to purchase in surrounding states where they are still cheaper without a tax increase.
It should be noted from the Florida example that the reaction of people to incentives can both be negative and positive. This example shows a negative response as a result of raised costs when compared with benefits.
The owner of ProPhone has charted the company's marginal revenue and marginal cost for its latest line of smartphones, the Blazer. Use the chart to calculate the company's profit. If ProPhone sells four phones, the company will.
Answer:
make some profit
Explanation:
if ProPhone sells 4 blazer phones, its marginal revenue = $120, while its marginal cost = $50
That means that the company is making some profit.
total revenue = $600their total costs = $340net profit = $260In order for the company to maximize its profits, their marginal revenue = marginal cost.
When bonds have been issued at a premium, the periodic amortization of the premium will A) increase the carrying value of the bonds. B) have no effect on the carrying value of the bonds. C) decrease the carrying value of the bonds. D) cause the carrying value always to equal the face value of the bonds ) None of the above accunulated depreciation of $60, 000 in the Bagley rship
Answer:
C) decrease the carrying value of the bonds.
Explanation:
We calculate the bond premium by subtracting the face value of the bond from the paid amount for it. Then, we have to figure out how many months are left before the bond matures and divide the bond premium by the number of months remaining and this tells us how much to amortize on a monthly basis.
The study done by the Committee of Sponsoring Organizations (COSO) on financial statement frauds that occurred during the period from 1987-1997 had many key findings. Which of the following is NOT one among them?
Answer:
Most of these firms had audit committees that met at least four times a year.
Explanation:
COSO stands for Committee of Sponsoring Organization, which is an organization that is dedicated to offering the thought of guidance as well as leadership on the fraud deterrence, internal control and management of enterprise risk.
From the findings which is not found as fraud is that the most of the firms or businesses had committees of audit which met at least 4 times a year.
Which TWO of the following statements are TRUE when a broker-dealer executes a principal transaction?
Act as a broker
Act as a dealer
Charge a mark-up or a mark-down
Charge a commission
[A] I and III
[B] I and IV
[*C] II and III
[D] II and IV
Answer:
C) II and III
Act as a dealerCharge a mark-up or a mark-downExplanation:
Dealers can purchase and sell securities on their own accounts, this is called position trading. When they carry on this type of transactions, they charge markups instead of commissions.
Brokers act like agents, and they can only arrange a transaction between clients and they charge a commission for their work.
At a local university, students talk about being able to retake an exam three times as a way of showing how committed the school is to helping them learn.
Answer:
Is part of the local university culture which shows people's expectation.
Explanation:
These are cultural implications on the decision of giving three chances to retake exams. Cultural implications are much more prominent in the UK where companies have to respect the cultural values of people. If we study about UK constitution we will find that it is not in the written format. When the CEO of Sony (USA) was appointed who was from Japan their was a warm welcome in his office. But after a month there was a strike witnessed because the CEO used to make decisions with an attitude which was a culture in Japan but was unacceptable in USA.
When marginal cost is greater than average cost, an increase in output up arrow average cost. When marginal cost is less than average cost, an increase in output ▼ up arrow down arrow average cost.
Answer:
MC > AC : AC rise ; MC < AC : AC fall ; MC = AC : AC minimum .
Explanation:
Marginal Cost MC is addition to total cost with an additional production.
∆C/∆Q
Average Cost AC is average cost per unit of production output. C / Q
Relationship between AC & TC : Average move in direction of Marginal .
MC > AC : AC rises
MC < AC : AC falls
MC = AC : AC is minimum