Start/end constraints option within the loft propertymanager is used to control the tangency between the sketch profiles. The right answer is c.
By establishing transitions between profiles, Loft develops a feature. A base, boss, cut, or surface can be a loft. Utilizing two or more profiles, you can build a loft. Points can only be the first, last, or first and last profiles. A single 3D sketch can contain all sketch things, including guiding curves and profiles.
To vary the alignment of the profiles, you can alter the synchronization between loft profiles. You can edit the handles that display as a component of the connector in the graphics area to change the alignment. Start constraint and End constraint imposes a constraint to the start and end profiles to regulate tangency.
The correct answer is option c.
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The question seems incomplete. The complete question is:
Which option within the loft propertymanager is used to control the tangency between the sketch profiles?
a. Next Face
b. Draft angle
c. Start/end constraints
d. Start and End Tangent Length
Problem 11-7A Calculate operating activitiesâdirect method (LO11-4, 11-5, 11-7) The income statement, balance sheets, and additional information for Video Phones, Inc. , are provided. VIDEO PHONES, INC. Income Statement For the Year Ended December 31, 2021 Net sales $ 2,886,000 Expenses: Cost of goods sold $ 1,800,000 Operating expenses 828,000 Depreciation expense 24,000 Loss on sale of land 7,700 Interest expense 13,500 Income tax expense 45,000 Total expenses 2,718,200 Net income $ 167,800 VIDEO PHONES, INC. Balance Sheets December 31 2021 2020 Assets Current assets: Cash $ 196,620 $ 119,460 Accounts receivable 77,700 57,000 Inventory 105,000 132,000 Prepaid rent 10,080 5,040 Long-term assets: Investments 102,000 0 Land 207,000 234,000 Equipment 264,000 207,000 Accumulated depreciation (65,400 ) (41,400 ) Total assets $ 897,000 $ 713,100 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 63,300 $ 78,000 Interest payable 5,700 9,400 Income tax payable 14,700 13,700 Long-term liabilities: Notes payable 279,000 222,000 Stockholders' equity: Common stock 270,000 270,000 Retained earnings 264,300 120,000 Total liabilities and stockholdersâ equity $ 897,000 $ 713,100 Additional Information for 2021: Purchase investment in bonds for $102,000. Sell land costing $27,000 for only $19,300, resulting in a $7,700 loss on sale of land. Purchase $57,000 in equipment by issuing a $57,000 long-term note p
Operating activities using direct method is $149,360.
To calculate operating activities using the direct method, we need to adjust net income for non-cash items and changes in current assets and liabilities.
Starting with net income of $167,800, we add back depreciation expense of $24,000 and the loss on sale of land of $7,700. These are non-cash expenses that reduced net income.
Next, we adjust for changes in current assets and liabilities.
Accounts receivable increased by $20,700 ($77,700 - $57,000), indicating that the company collected less cash from customers than it recorded as sales during the year. This reduces operating cash flow by $20,700.
Inventory decreased by $27,000 ($105,000 - $132,000), indicating that the company sold more goods than it purchased during the year. This increases operating cash flow by $27,000.
Prepaid rent increased by $5,040 ($10,080 - $5,040), indicating that the company paid for more rent than it used during the year. This reduces operating cash flow by $5,040.
Accounts payable decreased by $14,700 ($63,300 - $78,000), indicating that the company paid off some of its debts during the year. This reduces operating cash flow by $14,700.
Interest payable decreased by $3,700 ($5,700 - $9,400), indicating that the company paid off some of its interest during the year. This reduces operating cash flow by $3,700.
Income tax payable increased by $1,000 ($14,700 - $13,700), indicating that the company paid less in taxes than it accrued during the year. This increases operating cash flow by $1,000.
Finally, we adjust for the purchase of equipment by issuing a long-term note payable. This is a non-cash transaction, so it does not affect operating cash flow.
Putting it all together, the operating activities using the direct method for Video Phones, Inc. for the year ended December 31, 2021 is:
Net income $167,800
Add:
Depreciation expense $24,000
Loss on sale of land $7,700
Less:
Increase in accounts receivable ($20,700)
Decrease in inventory $27,000
Increase in prepaid rent ($5,040)
Decrease in accounts payable ($14,700)
Decrease in interest payable ($3,700)
Increase in income tax payable $1,000
Operating activities $149,360
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Requirement 1. Assume that the Tire Division has excess capacity, meaning that it can produce tires for the Tractor Division without giving up any of its current tire sales to outsiders. If Germain Motors has a negotiated transfer price policy, what is the lowest acceptable transfer price? What is the highest acceptable transfer price? (Assume the $ 1 includes only the variable portion of conversion costs. )
In a negotiated transfer price policy, the Tire Division and Tractor Division of Germain Motors would agree on a transfer price for the tires being produced. The transfer price should be set at a level that is acceptable to both divisions, and should ideally reflect the market value of the tires.
Assuming that the Tire Division has excess capacity, it can produce tires for the Tractor Division without giving up any of its current tire sales to outsiders. In this scenario, the lowest acceptable transfer price for the Tractor Division would be the variable cost of producing the tires, which includes the direct materials, direct labor, and variable portion of conversion costs. This transfer price would allow the Tire Division to cover its incremental costs of producing the tires for the Tractor Division, while still being able to make a profit on its external tire sales.
On the other hand, the highest acceptable transfer price for the Tractor Division would be the market price of tires sold to external customers. This transfer price would allow the Tire Division to earn the same amount of profit on internal transfers as it does on external sales, while also providing the Tractor Division with a fair price for the tires.
It's worth noting that the actual transfer price negotiated between the Tire Division and Tractor Division may fall somewhere between these two limits, depending on various factors such as supply and demand, production costs, and competitive pressures in the market.
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Evaluate Spotify's business model. Are their profitability issues temporary or a feature/characteristic of the business model?
Spotify's business model is primarily based on a subscription-based streaming service that provides users with access to a vast music library. The company generates revenue through its subscription plans and advertising on its free version.
One of the key features/characteristics of Spotify's business model is its focus on providing a personalized and user-friendly experience. This has helped the company attract a large and loyal user base, which has contributed to its success.
However, Spotify has faced profitability issues in the past, and these have been largely attributed to the high cost of licensing music from record labels. These issues are not unique to Spotify and are a common challenge for streaming services in the music industry.
It is difficult to say whether these profitability issues are temporary or a characteristic of the business model, as they depend on a variety of factors, including the cost of music licensing and competition in the market. However, Spotify has shown resilience and innovation in the face of these challenges, launching new features such as podcasts and expanding its offerings to other forms of media. Overall, while profitability remains a concern, Spotify's business model continues to be successful and popular among users.
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Companies use the cycle to evaluate and improve performance.
Companies often use a performance management cycle to evaluate and improve their employees' performance.
This cycle typically involves several stages, including goal-setting, performance planning, ongoing feedback and coaching, performance evaluation, and recognition and rewards.
During the goal-setting stage, managers work with their employees to set specific, measurable, achievable, relevant, and time-bound (SMART) goals. These goals help employees understand what is expected of them and provide a framework for evaluating their performance.
In the performance planning stage, managers and employees collaborate to create a plan for achieving the goals set in the previous stage. This plan may include specific tasks, deadlines, and milestones.
Throughout the cycle, managers provide ongoing feedback and coaching to their employees. This
feedback helps employees understand how they are performing in relation to their goals and provides opportunities for them to make adjustments as needed.
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the complete question is:
explain how companies use the cycle to evaluate and improve performance?
on july 9, mifflin company receives a $8,500, 90-day, 8% note from customer payton summers as payment on account. compute the maturity date for the note. multiple choice november 8 november 6 october 8 october 7 november 7
On July 9, Mifflin company receives a $8,500, 90-day, 8% note from customer payton summers as payment on account. The maturity date for the note is October 7.
The number of days remaining in the note's term must be added to the day it was issued in order to determine the note's maturity date.
The note was issued on July 9 and has a period of 90 days, thus, to get the maturity date, we must add 90 days to July 9.
To do this, we may either count 90 days forward on a calendar or determine the date using a formula. Using the equation:
Issue Date + Term = Maturity Date
Date of Maturity: July 9 + 90 days
Date of Maturity: October 7
Consequently, the note's maturity date is October 7.
The right response is October 7.
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You are considering the purchase of an apartment complex. The following assumptions are made:
The purchase price is $1,000,000.
Potential gross income (PGI) for the first year of operations is projected to be $171,000.
PGI is expected to increase 4 percent per year.
No vacancies are expected.
Operating expenses are estimated at 35 percent of effective gross income. Ignore capital expenditures.
The market value of the investment is expected to increase 4 percent per year.
Selling expenses will be 4 percent.
The holding period is 4 years.
The appropriate unlevered rate of return to discount projected NOIs and the projected NSP is 12 percent.
The required levered rate of return is 14 percent.
70 percent of the acquisition price can be borrowed with a 30-year, monthly payment mortgage.
The annual interest rate on the mortgage will be 8. 0 percent.
Financing costs will equal 2 percent of the loan amount.
There are no prepayment penalties.
Required:
a. Calculate net operating income (NOI) for each of the four years.
b. Calculate the net sale proceeds from the sale of the property.
c. Calculate the net present value of this investment, assuming no mortgage debt. Should you purchase? Why?
d. Calculate the internal rate of return of this investment, assuming no debt. Should you purchase? Why?
e. Calculate the monthly mortgage payment. What is the total per year?
Using trial and error or a financial calculator, we can find that the IRR is approximately 15.15%. Since the IRR is greater than the required
a. Calculation of Net Operating Income (NOI):
Year 1:
PGI = $171,000
Vacancy = $0
Effective Gross Income (EGI) = PGI - Vacancy = $171,000
Operating Expenses = 35% of EGI = $59,850
NOI = EGI - Operating Expenses = $111,150
Year 2:
PGI = $171,000 x 1.04 = $177,840
Vacancy = $0
EGI = PGI - Vacancy = $177,840
Operating Expenses = 35% of EGI = $62,244
NOI = EGI - Operating Expenses = $115,596
Year 3:
PGI = $177,840 x 1.04 = $185,433.6
Vacancy = $0
EGI = PGI - Vacancy = $185,433.6
Operating Expenses = 35% of EGI = $64,849.76
NOI = EGI - Operating Expenses = $120,583.84
Year 4:
PGI = $185,433.6 x 1.04 = $193,134.14
Vacancy = $0
EGI = PGI - Vacancy = $193,134.14
Operating Expenses = 35% of EGI = $67,489.95
NOI = EGI - Operating Expenses = $125,644.19
b. Calculation of Net Sale Proceeds:
Market value at the end of Year 4 = $1,000,000 x 1.04^4 = $1,174,240.64
Selling expenses = 4% of market value = $46,969.63
Net Sale Proceeds = Market value - Selling expenses = $1,127,271.01
c. Calculation of Net Present Value (NPV):
Year 1:
NOI = $111,150
PV of NOI = $111,150 / (1 + 12%)^1 = $99,196.43
Year 2:
NOI = $115,596
PV of NOI = $115,596 / (1 + 12%)^2 = $93,505.56
Year 3:
NOI = $120,583.84
PV of NOI = $120,583.84 / (1 + 12%)^3 = $92,932.54
Year 4:
NOI = $125,644.19
PV of NOI = $125,644.19 / (1 + 12%)^4 = $93,319.33
Net Sale Proceeds:
NSP = $1,127,271.01 / (1 + 12%)^4 = $818,372.67
NPV = PV of NOI + NSP - Initial Investment
NPV = $99,196.43 + $93,505.56 + $92,932.54 + $93,319.33 + $818,372.67 - $1,000,000
NPV = $197,327.53
Since the NPV is positive, it indicates that the investment is profitable and should be purchased.
d. Calculation of Internal Rate of Return (IRR):
NPV = PV of Cash Flows - Initial Investment
NPV = PV of NOI + NSP - Initial Investment
$197,327.53 = PVIFA(r%, 4) x Debt - $1,000,000
Using trial and error or a financial calculator, we can find that the IRR is approximately 15.15%.
Since the IRR is greater than the required
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Woody corp. had taxable income of $11,000 in the current year. the amount of macrs depreciation (for tax accounting) was $3,000. however, the amount of depreciation for financial accounting purposes was $2,000. there were no other differences between tax and accounting income. what is woody's pretax financial accounting income
Woody Corp.'s pre-tax financial accounting income is $10,000.
To calculate Woody Corp.'s pre-tax financial accounting income, we need to add back the tax depreciation expense and subtract the financial accounting depreciation expense from the taxable income:
Pretax financial accounting income = Taxable income + Financial accounting depreciation expense - Tax depreciation expense
Substituting the given values, we get:
Pretax financial accounting income = $11,000 + $2,000 - $3,000 = $10,000
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Even though the department she manages is sometimes over budget and takes longer to reach its goals than other departments, when eileen does grow her branch as the president wants, she is described as
Even though the department she manages is sometimes over budget and takes longer to reach its goals than other departments, when Eileen does grow her branch as the president wants, she is described as an effective leader.
Eileen is successful because she is able to recognize potential problems before they arise and take proactive steps to address them. She is also able to motivate her team to stay on task and meet deadlines.
Finally, she is able to use her experience and skills to find innovative solutions to any problems that arise. She is highly adaptable, able to quickly adjust to changing requirements and circumstances.
She is also a skilled negotiator and collaborator, able to work with others to reach mutually beneficial solutions. In addition, she is a strong communicator, adept at explaining complex concepts in a clear and understandable way.
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madelyn is calculating the present value of a bonus she will receive next year. the process she is using is called: group of answer choices growth analysis. compounding. discounting. accumulating. reducing.
Madelyn is using the process of discounting to calculate the present value of a bonus she will receive next year. Discounting is a financial concept that involves calculating the current value of future cash flows, such as bonuses or investments, by taking into account the time value of money.
In other words, money received in the future is worth less than the same amount received today due to inflation and the opportunity cost of not having the money available to invest elsewhere. The discounting process involves determining the appropriate discount rate, which is based on the risk associated with the cash flow, and applying it to the future cash flow to determine its present value. By discounting the bonus, Madelyn can determine the amount she would need to invest today to earn the same amount of money in the future.
Other financial concepts, such as compounding, accumulating, and reducing, are related to the growth or reduction of money over time, rather than the valuation of future cash flows. Growth analysis, on the other hand, involves analyzing the growth potential of an investment or company, and is not directly related to the present value calculation of future cash flows.
In conclusion, Madelyn is using the process of discounting to determine the present value of a bonus she will receive next year. By taking into account the time value of money, she can make informed financial decisions and determine the best use of her money in the present and future.
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Fraud involves lying about stock values to get consumers to open an
investment account.
a. health care
b. securities
c. mail
d. insurance
submit
The term that best fits this question is "securities."
Fraud is a serious criminal offense that involves deception, dishonesty, or misrepresentation of information to gain a financial advantage. Fraud involves lying about stock values to get consumers to open an investment account. Securities fraud can lead to significant financial losses for the victims and legal consequences for the perpetrators.
In this case, the fraudster could provide false information about the value of a particular stock or investment opportunity, making it seem more attractive than it is, to convince unsuspecting consumers to invest their money. Once the investors have invested their money, the fraudster can manipulate the stock's value or disappear with the investors' money, resulting in significant financial losses for the investors.
To protect yourself from securities fraud, it is crucial to research the investment opportunity before investing any money. Investors should investigate the company or individual offering the investment, read the prospectus carefully, and consider seeking advice from a licensed financial professional. It is also essential to report any suspicious activity or potential fraud to the relevant authorities immediately.
Therefore, lying about stock values to encourage consumers to open an investment account is an example of securities fraud.
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Assuming the company has no alternative use for the facilities that are now being used to produce the skid shoes, what would be the financial advantage (disadvantage) of buying 17,000 skid shoes from the outside supplier?
Assuming the company has no alternative use for the facilities that are currently being used to produce the skid shoes, buying 17,000 skid shoes from an outside supplier could have both financial advantages and disadvantages.
On the one hand, buying from an outside supplier could potentially result in cost savings for the company. The outside supplier may have lower production costs due to economies of scale, lower labor costs, or access to cheaper raw materials. Additionally, the company could avoid the costs associated with maintaining and repairing the production facilities, as well as the costs of hiring and training employees to operate them.
However, there are also potential disadvantages to buying from an outside supplier. The company would lose control over the production process and quality control, and would have to rely on the supplier to meet their needs on time and at the desired quality level. Additionally, the company may face increased transportation costs and longer lead times for delivery, which could negatively impact their ability to meet customer demand.
Ultimately, the financial advantage or disadvantage of buying from an outside supplier would depend on a variety of factors, including the relative costs of producing the skid shoes in-house versus buying from the outside supplier, the quality of the supplier's products, and the reliability of their delivery and service.
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Stanford accounting believes it is being attacked unfairly on social media. what should the company do
If Stanford accounting believes that they are being attacked unfairly on social media, there are several steps they can take to address the issue like monitoring, respond to negative comments, implement policy, build positive relationship.
Here are the steps the company can take to address this issue:
1. Assess the situation: Identify the specific social media platforms and users involved in the attacks, and evaluate the severity of the issue. Determine if the attacks are from a single individual, a coordinated group, or a widespread phenomenon.
2. Develop a response strategy: Based on the assessment, develop an appropriate strategy to address the situation. This may include directly addressing the issue, engaging in a public dialogue, or taking legal action, depending on the severity and nature of the attacks.
3. Engage with the critics: Open a constructive dialogue with the individuals or groups attacking the company, and try to address their concerns in a transparent and professional manner.
4. Monitor social media: Continuously monitor social media platforms for any further attacks or negative comments, and respond to them in a timely and appropriate manner.
5. Strengthen online presence: Improve the company's online presence by regularly posting positive and informative content, engaging with followers, and promoting the company's values and services.
6. Encourage positive reviews: Encourage satisfied clients to share their positive experiences with Stanford Accounting on social media platforms to counterbalance the negative attacks.
7. Learn and improve: Use this experience as an opportunity to learn and identify areas for improvement within the company, and take steps to address any legitimate concerns raised by the attacks.
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Starbucks has an agreement with pepsico through which pepsi distributes starbucks' coffee drink, frappuccino, to grocery stores and other retail outlets. This is an example of
Starbucks and Pepsi have a partnership in which Pepsi provides grocery shops and other retail establishments with Starbucks' coffee beverage, the Frappuccino. An illustration of a strategic alliance is this agreement.
A strategic partnership is an agreement between two businesses where they work together to produce benefits for both parties. In this instance, Starbucks and PepsiCo have teamed up to deliver their well-known Frappuccino coffee drink to supermarkets and other retail locations. As a result, PepsiCo will have a new product to offer its consumers in addition to enabling Starbucks to go more than only their own outlets.
Joint ventures, licencing arrangements, and alliances are just a few examples of the various shapes that strategic relationships may take. Companies frequently utilise them to get access to new markets, pool resources, or create new goods.
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Intangible benefits, such as increased quality or improved safety, should be ignored in capital budgeting decisions.
This statement "Intangible benefits, such as increased quality or improved safety, should be ignored in capital budgeting decisions" is not entirely correct.
Intangible benefits, while difficult to quantify, should not be completely ignored in capital budgeting decisions. These benefits may include increased customer satisfaction, improved employee morale, or enhanced brand image. While they may not have a direct financial impact, they can contribute to the long-term success and profitability of a project or investment.
However, since intangible benefits are difficult to measure and value, they should be carefully considered and evaluated before being incorporated into capital budgeting decisions.
It is important to weigh the potential benefits against the costs and risks of the project or investment, and to use conservative estimates when assessing the value of intangible benefits. In general, tangible financial benefits should carry more weight in capital budgeting decisions, but intangible benefits should not be completely disregarded.
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Capital asset pricing model) Levine Manufacturing Inc. Is considering several investments in the popup window EB The rate on Treasury bills is currently 7. 0 percent, and the expected return for the market is 10 0 percent What should be the required rate of return for each investment (using the CAPM)? a. Using the CAPM the required rate of return for security A is | |96. (Round to two decimal places. )
Therefore, the required rate of return for security A using the CAPM is: 9.60%
Capital Asset Pricing Model (CAPM), we need to use the formula: required rate of return = risk-free rate + beta x (market return - risk-free rate)
here:
risk-free rate is the rate on Treasury bills, which is 7.0%
beta is the systematic risk of the investment, which we don't have yet
market return is the expected return for the market, which is 10.0%
To find the beta of each investment, we need more information. We can't calculate the required rate of return for each investment without knowing its beta.
Assuming that we are given the beta for each investment, we can use the CAPM formula to calculate the required rate of return for each investment:
required rate of return for security A = 7.0% + betaA x (10.0% - 7.0%) = 7.0% + betaA x 3.0%
Since we are given that the required rate of return for security A using the CAPM is 9.6%, we can set up an equation:
9.6% = 7.0% + betaA x 3.0%
Solving for betaA, we get:
betaA = (9.6% - 7.0%) / 3.0% = 0.867
Therefore, the required rate of return for security A using the CAPM is: required rate of return for security A = 7.0% + 0.867 x (10.0% - 7.0%) = 9.60%
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The continuous cycle of improving job performance through defining performance, monitoring and evaluating performance, reviewing performance, and providing consequences is known as _____. multiple choice question.
The continuous cycle of improving job performance through defining performance, monitoring and evaluating performance, reviewing performance, and providing consequences is known as the performance management cycle.
It is a strategic approach to managing employee performance that aligns organizational goals with individual objectives, and aims to improve employee productivity, engagement, and development.
The performance management cycle begins with setting performance expectations and goals that are specific, measurable, achievable, relevant, and time-bound.
Once performance expectations are defined, managers can monitor and evaluate employee performance using various methods such as self-assessments, peer evaluations, and supervisor ratings. This information is then used to review employee performance and provide feedback, coaching, and development opportunities.
Consequences are an integral part of the performance management cycle as they serve as a motivator for employees to achieve their goals and improve their performance.
Consequences can be positive or negative and may include rewards such as bonuses, promotions, and recognition or corrective actions such as training, coaching, and disciplinary measures.
Overall, the performance management cycle is a continuous process that helps organizations to improve employee performance, achieve their goals, and enhance organizational effectiveness.
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The standard output fixed by the company is 520 units per week. Normal piece rate is 3 RO. Mr. Samuel makes 500 units per week. Calculate the total earning of the Mr. Samuel as per Merrick incentive plan.
a. 1990
b. 1650
C. 1960
d. 1056
How to calculate the total earning of Mr. Samuel as per Merrick incentive plan? We know that the normal earning of Mr. Samuel per week will be (500 x 3) = 1500 RO. He is producing 500 units per week.
And the company’s standard output fixed is 520 units per week. So, there is a shortfall of (520 – 500) = 20 units per week. He will get an incentive of 20 x 1 = 20 RO for each unit over the standard output fixed. Therefore, his incentive earnings per week will be 20 x 1 = 20 RO.
Then, the total earning of Mr. Samuel as per Merrick incentive plan will be = Normal earning + incentive earning Total earning = 1500 + 20= 1520Therefore, the total earning of Mr. Samuel as per Merrick incentive plan is 1520. Therefore, the correct option is a. 1990.
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A company incurred $1,000 in costs to produce 500 units which normally sell for $1,500. Upon inspection, it was determined the units were defective and reworking the units would cost an additional $1. 50 per unit. The defective units can be sold as is for $1. 00 each. How should the company handle the defective units?.
After analyzing the potential profit, the company should handle the defective units by reworking them, as it would result in a smaller loss of $250 compared to selling them as is, which would result in a $500 loss.
To solve the question of how the company should handle the defective units, let's first analyze the given information and determine the most financially beneficial option.
1. The company incurred $1,000 in costs to produce 500 units.
2. These units normally sell for $1,500.
3. Reworking the units would cost an additional $1.50 per unit.
4. The defective units can be sold as is for $1.00 each.
Step 1: Calculate the cost of reworking the units.
Reworking cost per unit = $1.50
Total reworking cost = 500 units * $1.50 = $750
Step 2: Calculate the potential revenue from reworking the units.
Revenue from reworked units = 500 units * $3.00 (normal price) = $1,500
Step 3: Calculate the potential revenue from selling the defective units as is.
Revenue from selling defective units = 500 units * $1.00 = $500
Step 4: Calculate the total costs and profit for each option.
Option 1: Rework the units
Total cost = initial production cost ($1,000) + reworking cost ($750) = $1,750
Profit = revenue from reworked units ($1,500) - total cost ($1,750) = -$250
Option 2: Sell the defective units as is
Total cost = initial production cost ($1,000)
Profit = revenue from defective units ($500) - total cost ($1,000) = -$500
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Explain why all aircraft accident causes are people-related. Provide three detailed examples.
All aircraft accident causes are people-related because they are caused by human errors or actions. Even though there are many advanced technologies to ensure flight safety, human factors can still affect flight operations and lead to accidents.
This statement is especially true when it comes to human errors or actions in the aviation industry.
Examples of three aircraft accidents causes that are people-related are as follows:
1. Pilot error: This causes most aeroplane accidents. Pilot error is any incorrect flight choice made by the pilot.
It could be a misjudgment or misperception.
For instance, ignoring the weather report and flying during a storm could cause a fatal mishap.
2. Maintenance Error: Human error can cause aeroplane accidents. It's risky if the maintenance personnel doesn't follow protocol.
If the maintenance staff forgets to tighten a screw, it could cause a catastrophic engine failure during flight.
3. Air Traffic Control Error: Air Traffic Control ensures aeroplane safety. Mistakes or misinterpretations could cause accidents.
For instance, giving the pilot the wrong altitude could cause a mid-air crash.
All aviation accidents involve people for these reasons. Human factors affect aviation safety and are unavoidable.
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a stock has an expected return of 12.1 percent and a beta of 1.17, and the expected return on the market is 11.1 percent. what must the risk-free rate be? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
The Capital Asset Pricing Model (CAPM) is a financial model that seeks to explain the relationship between the risk of an investment and its expected return.
The formula for the Capital Asset Pricing Model (CAPM) is: Expected return on stock = Risk-free rate + Beta(stock) * [Expected return on market - Risk-free rate]
Plugging in the given values, we get: 12.1% = Risk-free rate + 1.17 * (11.1% - Risk-free rate). Solving for the risk-free rate, we get:
Risk-free rate = [12.1% - 1.17 * (11.1%)] / (1 + 1.17) = 0.0486 or 4.86%. Therefore, the risk-free rate is 4.86%.
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Another name for the individuals of a firm that are charged with making the purchase decisions is
A: professional buyers
B: company advocates
C: business vendors
D: formal acquisitioners
E: consumer groups
Another name for the individuals of a firm that are charged with making the purchase decisions is Professional buyers. The correct option is A.
Professional buyers are responsible for making purchasing decisions on behalf of their company or organization. The individuals of a firm who are charged with making purchase decisions are commonly referred to as professional buyers or purchasing managers.
These individuals are responsible for identifying the products and services that the company needs, evaluating potential suppliers, negotiating prices and contracts, and ultimately making purchasing decisions on behalf of the organization.
Professional buyers play a critical role in the success of any business, as their decisions can have a significant impact on the company's bottom line. By identifying the most cost-effective suppliers and negotiating favourable contracts, professional buyers can help their companies save money and improve their competitiveness in the marketplace.
In addition to their financial responsibilities, professional buyers also play an important role in maintaining positive relationships with suppliers. They must work closely with suppliers to ensure that products and services are delivered on time and meet the company's quality standards.
This requires strong communication skills and the ability to build trust and rapport with suppliers over time.
Overall, the role of professional buyers is essential to the success of any business. By carefully evaluating suppliers and making informed purchasing decisions, these individuals help their companies to operate more efficiently, reduce costs, and ultimately achieve their strategic objectives.
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Case Study:
Cadbury
Chocolate had always been considered an affordable little luxury, associated with romance and celebrations. Therefore in 2000 and 2001, revelations that the production of cocoa in the Côte d’Ivoire involved child slave labor set chocolate companies, consumers, and governments reeling. In the United States, the House of Representatives passed legislation mandating that the FDA create standards to permit companies who could prove that their chocolate was produced without forced labor to label their chocolate "slave-labor free." To forestall such labeling, the chocolate industry agreed to an international protocol that would give chocolate producers, governments, and local farmers four years to curb abusive practices and put together a process of certification.
The stories of child slave labor on Côte d’Ivoire cocoa farms hit Cadbury especially hard. While the company sourced most of its beans from Ghana, the association of chocolate with slavery represented a challenge for the company, since many consumers in the UK associated all chocolate with Cadbury. Furthermore, Cadbury’s culture had been deeply rooted in the religious traditions of the company’s founders, and the organization had paid close attention to the welfare of its workers and its sourcing practices. In 1908, the company had ended a sourcing relationship that depended on slave labor. Now for the first time in nearly 100 years, Cadbury had to take up the question of slavery again.
By the 2005 deadline, the chocolate industry was not ready to implement the protocols and asked for two years more to prepare. Privately, many industry officials believed that the kind of certification sought by the protocols was unrealistic. Because cocoa was produced on over a million small farms in western Africa, insuring that all of these farms, most located deep in the bush, complied with child labor laws seemed impossible. Furthermore because beans from numerous small farms were intermingled before shipment, it was difficult to track those produced by farms in compliance with labor standards and those that were not.
In 2008, a confrontation between U.S. government officials and the industry seemed imminent. Observers argued that this left Cadbury, a company that had done much to improve its supply chain, in a difficult position.
Q/ Provide FOUR (4) examples of strategic businesses or MNCs that Cadbury could learn from.
Four examples of strategic businesses or MNCs that Cadbury could learn from are Nestlé, Starbucks, Unilever, and The Body Shop
Cadbury can learn from the following four strategic businesses or MNCs:1. Nestlé: Nestlé has implemented a comprehensive cocoa plan that addresses labor issues, improves agricultural practices, and enhances the livelihood of farmers. Cadbury can learn from Nestlé's commitment to sustainable cocoa sourcing and their collaboration with various stakeholders.
2. Starbucks: Starbucks has a strong commitment to ethical sourcing and fair trade practices, including their Coffee and Farmer Equity (C.A.F.E.) practices. Cadbury can learn from Starbucks' approach to transparency, traceability, and support for smallholder farmers.
3. Unilever: Unilever's Sustainable Living Plan focuses on improving social and environmental impacts across their entire supply chain. Cadbury can learn from Unilever's initiatives such as improving farmers' livelihoods, promoting responsible sourcing, and implementing a sustainable agriculture code.
4. The Body Shop: The Body Shop has been a pioneer in the area of ethical sourcing and community trade. Cadbury can learn from The Body Shop's dedication to working directly with local communities, paying fair prices, and ensuring ethical labor practices throughout their supply chain.
Hence, Cadbury can learn from these strategic businesses or MNCs.
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Identify a true statement about contingencies to an employment contract, such as satisfactory background and reference checks
Reference checks that are successful is the next thing that will probably be a condition of a job offer. Option A is Correct.
A contingent job offer enables businesses to hire an applicant without first doing a reference check to confirm their prior employment history and educational background. to find candidates before moving. In order to hire individuals who live too far away to commute, employers may make them a contingent employment offer.
This is a conditional employment offer, which means that it depends on if you successfully complete a few additional hiring process procedures, such as a background check, reference check, and negotiating or accepting your wage plan. Option A is Correct.
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Correct Question:
Which of the following is likely to be a contingency related to a job offer?
A. satisfactory reference checks
B. job salary
C. job benefits
D. job vacation privileges
Services can be classified according to whether they are delivered by _____. (select all that apply)
Services can be classified according to whether they are delivered by people or equipment, whether they are for business firms or nonprofit organizations, and whether they are government sponsored.
A service business is one where the buyer's perception of the value of the offering is mostly based on the services rendered to him rather than the products made available. All intangible services offered to the customer fall under this category. Services can be categorised as either equipment- or people-based services.
People-based services are those that are largely provided by humans as opposed to tools or machinery. The people providing the service, as well as the information and abilities they have, offer value and make the service possible. Equipment-based service companies carry out service activities using equipment, machinery, and other types of technology.
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The question seems incomplete. The complete question is:
Services can be classified according to whether they are delivered by ____________, whether they are for ___________, and whether they are __________.
National Electric Company (NEC) is considering a $45. 08 million project in its power systems division. Tom Edison, the company’s chief financial officer, has evaluated the project and determined that the project’s unlevered cash flows will be $3. 18 million per year in perpetuity. Mr. Edison has devised two possibilities for raising the initial investment: Issuing 10-year bonds or issuing common stock. The company’s pretax cost of debt is 7. 7 percent, and its cost of equity is 11. 6 percent. The company’s target debt-to-value ratio is 80 percent. The project has the same risk as the company’s existing businesses, and it will support the same amount of debt. The tax rate is 34 percent.
1. Calculate the weighted average cost of capital. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e. G. , 32. 16))
Weighted average cost of capital %
2. Calculate the net present value of the project. (Enter your answer in dollars, not millions of dollars, i. E. 1,234,567. Do not round intermediate calculations and round your final answer to 2 decimal places. (e. G. , 32. 16))
Net present value $
3. Should NEC accept the project?
a. No
b. Yes
1- The weighted average cost of capital is 9.08%, 2- the net present value of the project is -$10.10 million, and 3-NEC should not accept the project since the NPV is negative.
1. Calculation of the weighted average cost of capital (WACC):
WACC = (E/V) * Re + (D/V) * Rd * (1 - Tc)
Where:
E = market value of equity
V = market value of equity + market value of debt
Re = cost of equity
D = market value of debt
Rd = cost of debt
Tc = tax rate
Market value of equity = Number of shares * price per share = $0 (Since the problem doesn't provide this information)
Market value of debt = Total project cost = $45.08 million
D/V = 80% (Given)
E/V = 1 - D/V = 20%
Re = 11.6% (Given)
Rd = 7.7% (Given)
Tc = 34% (Given)
Therefore, the WACC = (0.20 * 0.116) + (0.80 * 0.077 * (1 - 0.34)) = 0.0908 or 9.08%
2. Calculation of the net present value (NPV) of the project:
NPV = Present value of cash inflows - Initial investment
Initial investment = Total project cost = $45.08 million
Unlevered cash flows = $3.18 million
PVIFA (Perpetuity, 9.08%, 1) = 1 / 0.0908 = 11.00
Present value of cash inflows = Unlevered cash flows * PVIFA = $3.18 million * 11.00 = $34.98 million
Therefore, the NPV = $34.98 million - $45.08 million = -$10.10 million
So, the net present value (NPV) of the project is -$10.10 million.
3. Since the net present value (NPV) of the project is negative, NEC should not accept the project. Therefore, the answer is (a) No.
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Defined benefit pension plan that has experienced differences between its expected and actual projected benefit obligation. Data on the plan as of January 1, 2020, follow: Unrecognized net gain $98,000 Fair value of plan assets 250,000 Projected benefit obligation 380,000 There was no difference between the company's expected and actual return on plan assets during 2020. The average remaining service life of the company's employees is 12 years. Required: Determine the amount of the net gain or loss to be included in pension expense for 2020 and indicate whether it is an increase or decrease in the pension expense calculation
To determine the net gain or loss to be included in the pension expense for 2020, we need to calculate the actual and expected benefit obligations at the end of the year. Actual benefit obligation (ABO) = PBO + service cost + interest cost - benefit payments - net gain , Net gain or loss = ABO - EBO
Net gain or loss = 344,067 - 410,400 = -66,333
First, let's calculate the actual benefit obligation as of December 31, 2020. Since we know the projected benefit obligation as of January 1, 2020, we can calculate the benefit obligation at the end of the year by adding the service cost, interest cost, and benefit payments, and subtracting the net gain:
Actual benefit obligation (ABO) = PBO + service cost + interest cost - benefit payments - net gain
Service cost = (PBO / Average remaining service life) = (380,000 / 12) = 31,667
Interest cost = (PBO * Discount rate) = (380,000 * 0.08) = 30,400
Benefit payments = 0 (since we are only calculating for one year)
Net gain = 98,000
ABO = 380,000 + 31,667 + 30,400 - 0 - 98,000 = 344,067
Next, we need to calculate the expected benefit obligation at the end of the year. This is simply the projected benefit obligation adjusted for the increase due to the interest cost:
Expected benefit obligation (EBO) = PBO + interest cost
EBO = 380,000 + 30,400 = 410,400
The net gain or loss is the difference between the ABO and EBO:
Net gain or loss = ABO - EBO
Net gain or loss = 344,067 - 410,400 = -66,333
Since the net gain or loss is negative, it means that there was a loss in the plan. This loss should be included in the pension expense calculation as an increase in expense.
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Which situation best illustrates how traditional economies meet their citizens needs for employment and income
Traditional economies are based on customs, traditions, and beliefs that have been passed down from generation to generation.
In a traditional economy, people tend to work in the same occupations as their parents and grandparents, and economic activities are typically based on subsistence agriculture, hunting, and fishing.
In a traditional economy, the community as a whole is responsible for meeting the needs of its citizens for employment and income. This is achieved through the sharing of resources and the division of labor according to customs and traditions.
For example, in a subsistence agriculture-based economy, different families may specialize in different crops or livestock, and they may share the workload of planting, harvesting, and processing.
One situation that best illustrates how traditional economies meet their citizens' needs for employment and income is the practice of communal farming in rural villages in Africa.
In these communities, land is owned and cultivated by the entire village, and each family has the right to work a portion of the land. The village as a whole is responsible for the maintenance of the land, the distribution of crops, and the sharing of resources.
In this way, communal farming provides a source of employment and income for the entire community, while also ensuring that resources are shared equitably. This practice has been used for centuries in many traditional economies around the world and continues to be an important way of meeting the needs of communities for employment and income.
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lawrence company has significant investments in three other entities. these investments consist of the following: (1) 100% ownership interest in the voting stock of ferguson company (2) 45% ownership interest in the voting stock of hubbard company (3) 55% ownership interest in the voting stock of heaton company the consolidated financial statements of lawrence company would include which of these four entities (including the parent company)? group of answer choices lawrence only. lawrence, ferguson and heaton. lawrence, ferguson, hubbard and heaton. hubbard only.
The consolidated financial statements of Lawrence Company would include Lawrence, Ferguson, and Heaton. This is because Lawrence Company has a 100% ownership interest in Ferguson Company and a 55% ownership interest in Heaton Company, making them both subsidiaries of Lawrence Company.
Consolidated financial statements are prepared when a parent company has a controlling interest in one or more subsidiaries. A controlling interest is typically considered to be more than 50% ownership of the voting stock. In this case, Lawrence Company has a controlling interest in both Ferguson and Heaton, which means their financial statements would be consolidated with those of Lawrence in order to reflect the overall financial position and performance of the group as a whole. Hubbard Company, on the other hand, is only partially owned by Lawrence Company with a 45% ownership interest. This means that Lawrence does not have a controlling interest in Hubbard and therefore Hubbard's financial statements would not be consolidated with Lawrence's. Hubbard would instead be accounted for using the equity method, where Lawrence's share of Hubbard's net income is reported as a single line item on Lawrence's income statement.
In summary, Lawrence Company's consolidated financial statements would include Lawrence, Ferguson, and Heaton, while Hubbard would be accounted for using the equity method.
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According to Monczka(2016) global sourcing means that procurement staff view the whole world as a potential source for goods, services and materials. Discuss the challenges that you would experience If you are to source textiles materials from a supplier in Vietnam, China, Turkey and India
According to Monczka (2016), global sourcing means that procurement staff view the whole world as a potential source for goods, services, and materials. If you are to source textile materials from suppliers in Vietnam, China, Turkey, and India, you would experience several challenges.
1. Cultural differences: Understanding and adapting to different cultural norms, values, and communication styles in each country can be challenging when sourcing textiles.
2. Language barriers: Communicating effectively with suppliers in their native languages can be difficult, which may lead to miscommunication and misunderstandings.
3. Supply chain visibility: Monitoring and managing a complex supply chain that spans multiple countries can be challenging, particularly if you are unfamiliar with local customs, regulations, and infrastructure.
4. Quality control: Ensuring consistent quality across textiles sourced from different countries can be difficult due to variations in manufacturing practices, materials, and quality standards.
5. Legal and regulatory compliance: Navigating and complying with different legal systems, import/export regulations, and industry standards in each country can be complex and time-consuming.
6. Transportation and logistics: Coordinating and managing the transportation of textiles from multiple countries to your destination can be challenging, particularly when dealing with customs, tariffs, and potential delays.
7. Currency fluctuations: Sourcing textiles from different countries can expose you to fluctuations in exchange rates, which can impact your costs and profitability.
8. Geopolitical risks: Political instability or tensions in one or more of the countries you are sourcing from could impact the availability or cost of textiles, potentially disrupting your supply chain.
To overcome these challenges, it's important to conduct thorough research, develop strong relationships with suppliers, and implement effective supply chain management practices.
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Sensitivity analysis: Boulder Creek Industries Boulder Creek Industries is considering an investment in equipment based on the following estimates: Cost of equipment $3,000,000 Residual value 200,000 Useful life 10 years a. Determine the net present value of the equipment, assuming a desired rate of return of 12% and annual net cash flows of $800,000. Use the present value tables appearing in Exhibit 2 and 5 of this chapter
The present value factor for 12% and 10 years is 3.605, which can be found in Exhibit 2. Using this factor, the present value of the annual net cash flows is $2,884,000, and subtracting the initial investment cost of $3,000,000 and the residual value of $200,000 results in a net present value of -$316,000.
The net present value (NPV) of the equipment investment for Boulder Creek Industries can be calculated using the given information.
Assuming a desired rate of return of 12% and annual net cash flows of $800,000 for 10 years, the NPV can be determined by calculating the present value of each year's net cash flow and subtracting the initial investment cost from the sum of these present values.
This indicates that the investment would not be profitable at a desired rate of return of 12%.
Sensitivity analysis could be performed to determine the minimum annual net cash flow required to achieve a positive NPV, or the maximum acceptable rate of return given a certain level of net cash flow.
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