4000 Words Report
Imagine you are in charge of an organisational risk management strategy across three distinct departments of the organisation. The organisation envisions risk as, ‘potential vulnerabilities present across our security landscape leads to exposure which enables a cyber incident against the infrastructure, capability, services and applications, which leads to an impact upon Confidentiality, Integrity and/or Availability resulting in reduced resilience, reduced safety, ineffective capabilities, loss of business services, financial impact and reputational damage to UK Government’.
The risk applies to three main business domains:
1. IT & Infrastructure
2. Equipment
3. Logistics & Support services
Each business domain is managed by a separate Director, but collectively they (all three) own the risk. There is a separate Director who is accountable for the risk, and they report the status to the Executive Board throughout the year.
Given the complexity of the risk and its significant breadth and depth it’s difficult to establish a baseline level of risk exposure – a pre-mitigation level, which represents the whole business (all three domains). Defining the Risk Appetite (RA) is also challenging given the differences across the domains, the views from each Director, the level of resources available etc.
Answers
Answer:
One approach to managing the organizational risk across the three business domains could be to establish a risk management framework that aligns with the organization's vision of risk. This framework should be designed to provide a clear and consistent approach to identifying, assessing, and mitigating risks across the organization.
To establish a baseline level of risk exposure, the first step would be to conduct a thorough risk assessment across all three business domains. This assessment should identify the potential vulnerabilities and exposures in each domain, as well as the potential impacts on confidentiality, integrity, and availability. The assessment should also consider the interdependencies between the domains and the potential cascading effects of a cyber incident in one domain on the others.
Based on the results of the risk assessment, the next step would be to develop a set of risk mitigation strategies that address the identified vulnerabilities and exposures. These strategies should be tailored to the specific needs of each business domain and should be aligned with the organization's overall risk appetite. The strategies should also be prioritized based on their potential impact and the resources required to implement them.
Once the risk mitigation strategies have been developed, the next step would be to implement them and monitor their effectiveness over time. This could involve implementing new technologies, processes, or policies to reduce the organization's exposure to risk. It could also involve conducting regular assessments and audits to ensure that the strategies are effective and that any new risks are identified and addressed in a timely manner.
To establish the organization's risk appetite, the first step would be to engage with the Directors of each business domain to understand their perspectives on risk and their views on the appropriate level of risk exposure for the organization. This could involve conducting workshops or focus groups to gather input and to discuss the risks and opportunities associated with different levels of risk exposure.
Once the Directors' perspectives have been gathered, the next step would be to develop a risk appetite statement that reflects the organization's overall view on risk. This statement should be based on the results of the risk assessment and the input from the Directors, and should outline the organization's tolerance for risk and its willingness to accept certain levels of exposure to potential vulnerabilities and impacts.
To monitor and report on the organization's risk exposure, the Director accountable for the risk should establish a system for tracking and reporting on the organization's risk profile. This could involve regular reporting to the Executive Board on the status of the organization's risk mitigation strategies and the effectiveness of those strategies in reducing the organization's exposure to risk. The reports should also include any new risks that have been identified and any changes to the organization's risk appetite.
Overall, managing the organizational risk across the three business domains is a complex and challenging task.
Related Questions
Ski magazine conducts and annual survey of readers to rate ski resorts. They used the following attributes as the basis for the survey: snow, grooming, terrain variety, challenge, value, lifts, service, weather, access, on-mountain food, lodging, dining, après-ski, off-hill activities, family programs, scenery, terrain parks, and overall satisfaction. Classify each of these attributes using the eight dimensions of quality (i.e., performance, features, etc.).
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Performance, features, reliability, conformance, durability, serviceability, aesthetics, and perceived quality are the eight critical dimensions of quality or categories that Garvin suggests can be used as a framework for strategic analysis.
What is strategy analysis?Analyzing a company's workplace is referred to as strategic analysis. The organisational structure is generally defined by the workplace. By doing so, it is possible to assess the organization's overall functioning as well as the viability of its set goals and objectives.
The attributes of customers who used dimensions of quality of S resorts is classified as below:
• Snow - performance
• Grooming - durability
• Terrain variety - performance
• Challenge - performance
• Value - reliability
• Lifts - performance
• Service - serviceability
• Weather - reliability
• Access - performance
• On-mountain food - features
• Lodging - performance
• Dining - performance
• Après-ski - features
• Off-hill activities - features
• Family programs - features
• Scenery - aesthetics
• Terrain parks - features
• Overall satisfaction- conformance
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A hypothetical firm called BRICK 'n TILE is specialising in producing bricks at a unit price of R3 and selling at a price of RB. The cost of labour increases from R150 to R200 per labourer. Conduct research on any BRICK 'n TILE firm of your choice on the following: STEP 1 Explain the four basic costs curves that BRICK 'n TILE will experience. STEP 2 Recopy the table below to your answer book and determine the missing values: Table for BRICK 'n TILE costs and revenue. Quantity Labour Fixed Variable Total of tiles units Cost Cost 0 0 50 10 1 20 3 30 5 40 50 60 70 80 90 7 9 10 11 12 50 50 50 50 50 50 50 50 50 (3) Total Profit& Marginal Cost Revenue Loss Revenue (3) (10) (3) (3) (3) (5 x 3)(15)
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For the speculative firm Block 'n TILE, the four essential expense bends they will encounter are Marginal Cost (MC) Curve, Average Total Cost (ATC) Curve, Average Variable Cost (AVC) Curve, and Average Fixed Cost (AFC) Curve.
Marginal Cost (MC) Curve:
The Marginal Cost (MC) Curve: addresses the extra expense brought about by creating another unit of result.
Average Total Cost (ATC) Curve:
The Average Total Cost (ATC) Curve shows the typical expense per unit of result.
Average Variable Cost (AVC) Curve:
The Average Variable Cost (AVC) Curve addresses the variable expense per unit of result.
Average Fixed Cost (AFC) Curve:
The Average Fixed Cost (AFC) Curve addresses the proper expense per unit of result.
These expense bends assist firms with enjoying Block 'n TILE figure out the connection between the degree of creation and the related expenses. They are essential for pursuing creation choices, setting costs, and deciding the company's benefit.
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The four cost curves are displayed in the accompanying graph-
COMPLETE ANSWER
THE ANSWER TO THE QUESTION IS I'M GOING TO VOTE BRAINLIEST
YOU NEED TO PROVE YOUR ANSWER
Direction: Read each statement carefully. Write True in the blank if the statement is right and False if it is wrong and prove it.
1. Internal Forces refers to set of elements which affects organization's or firm's behavior.
2. External Forces is unpredictable and uncontrollable.
3. Poor corporate image is a strength of the firm.
4. Money is the lifeblood of every business.
5. Customers are the king of the market.
6. Demographic aspects are the characteristics of the people in which the organization can be found.
7. Macro and micro environment are types of internal environment.
8. Technological includes the use of robots and online commerce.
9. Improper plans and policies help the firm to accomplish its objectives.
10. Socio-cultural are the characteristics of the population of a certain place. 8
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The given statement 1,2,3,6,7 and 9 are false statement and 4,5,8 and 10 are true statement.
What is called an organization?An organization is consists group of people who work together, like an association, a charity, a union, or a corporation.
1. Internal Forces refers to set of elements which affects organization's or firm's behavior. It is false statement because today's organizational behavior is influenced by a complicated mix of major influences. People, Structure, Technology, and Environment are the four categories of important factors. People, structure, and technology interact, and these factors are impacted by the environment.
2. External Forces is unpredictable and uncontrollable. It is false statement because it is possible to predict economic trends using forecasted data.
3. Poor corporate image is a strength of the firm. It is false because when the corporate image is weak or poor, it affects the customers perception of not just the company but it's products as well. Hence, deflecting demand for their goods an services.
4. Money is the lifeblood of every business. It is True statement
5. Customers are the king of the market. It is true statement.
6. Demographic aspects are the characteristics of the people in which the organization can be found. It is false statement because demography is the scientific survey of populations, particularly human populations. Demographic analysis may be used to entire societies or groupings based on factors such as education, nationality, religion, and ethnicity.
7. Macro and micro environment are types of internal environment. it is false because Macro relates to external while micro relates to internal.
8. Technological includes the use of robots and online commerce, it is true.
9. Improper plans and policies help the firm to accomplish its objectives it is false because a bad plan cannot possibly lead to a good plan. Hence, improper plans and policies can not help the firm to accomplish its objectives.
10. Socio-cultural are the characteristics of the population of a certain place. It is the true statement.
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The statement of cash flows is less influenced than the income statement by choices of accounting methods.
a. True
b. False
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True the statement of cash flows is less influenced than the income statement by choices of accounting methods.
A cash flow is a physical or virtual movement of funds. In its strictest sense, a cash flow is a payment, especially from one central bank account to another; the term "cash flow" is typically used to describe. Cash flow from operations consists of expenses incurred during normal business operations. These cash outflows include things like rent, utilities, payroll, and cost of goods sold. Cash flow is referred to as the quantity of money coming into and going out of your firm over a specific time period. When business operations are very seasonal, cash outflows might vary significantly. Because it enables you to both meet your current financial responsibilities and make plans for the future, cash flow is crucial.
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a) Identify and discuss three (3) major risks fims are always averse when they enter into
international markets especially developing economies.
(b)
Prices of goods quoted in the international marvets always have trade terms. Identify four (4)
of these terms and briefly discuss/define giving their implications for the parties involved.
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Foreign exchange and political risks are the two main dangers that come with doing business internationally. It may occasionally be difficult for businesses to sustain steady and predictable revenue because of these difficulties.
What do you mean by the international market?Marketing goods or services to consumers outside of your brand's home market is known as international marketing. Consider it to be a form of international trade.
Brands may build a worldwide audience, raise their profile, and, of course, expand their business by entering international markets.
Export, licensing, franchising, joint ventures, and foreign direct investment are examples of several forms of international marketing. The goal of global marketing is to meet customer demands internationally.
Therefore, IBM's international market is any location where it operates outside the confines of the United States. The company's domestic market, which is the geographical area inside the boundaries of a company's home country, is conceptually opposed to an international market.
Therefore, Foreign exchange and political risks are the two main dangers that come with doing business internationally. It may occasionally be difficult for businesses to sustain steady and predictable revenue because of these difficulties.
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Complete the statement below by choosing either imply or infer.
Am I to from your sitting in front of the TV that you don't need to study for the exam?
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Inferring that you don't need to study for the exam by watching TV, if I may assume so.
Study can also indicate research, which is a method of gaining new knowledge. Learning strategies and study skills. A room in the home that functions similarly to a home office is the study. Drawings made prior to a larger work of art are called studies. Studying is crucial for the development of personal talents in addition to schooling. Your self-esteem, competence, and confidence can all increase with effective study techniques. Furthermore, it aids in lowering tension and stress related to tests and deadlines. Active listening, reading comprehension, taking notes, managing stress, managing time, taking tests, and remembering are all skills. You learn more about historical events, current activities, and future developments by studying.
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Drag the tiles to the correct boxes to complete the pairs. For each scenario match it to the correct factor describing the purpose for holding money. When price levels rise, people hold onto cash. When interest rates are low, people forgo interest income. When aggregate income is high, people hold cash to buy goods that are plentiful and cheap. When interest rates are low, people speculate that they will soon increase. Andy decided to hold his money in cash, as he did not earn sufficient money as income from interest. arrowRight Ben is a consumer and decides not to purchase luxury items because they are too expensive. arrowRight Chad thinks it to be a good opportunity to buy the products from the market as the supply has increased. arrowRight Daphne is holding onto her money as she feels that the interest rate will go up soon. arrowRight
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The purpose for holding money in economic in classified into:
transactional motiveprecautionary motivespeculative motiveThe Drop-downs includes:When price levels rise, people hold onto cash. - Speculative motiveWhen interest rates are low, people forgo interest income - Speculative motiveWhen aggregate income is high, people hold cash to buy goods that are plentiful and cheap - Transactional motive.When interest rates are low, people speculate that they will soon increase - Speculative motiveAndy decided to hold his money in cash, as he did not earn sufficient money as income from interest. - Speculative motiveBen is a consumer and decides not to purchase luxury items because they are too expensive - Speculative motiveChad thinks it to be a good opportunity to buy the products from the market as the supply has increased. - Transactional motiveDaphne is holding onto her money as she feels that the interest rate will go up soon - Speculative motiveRead more about holding motives
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What are two types of expenses when considering your budget?
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The two types of expenses when considering your budget include variable and fixed expenses.
What is a budget?A budget is described as a sort of financial planning, and it emphasizes how revenue will be generated and the various expenses. It is mainly conducted periodically and also re-evaluated.
When considering a budget plan, the two types of expenses taken into consideration include fixed expenses and variable expenses. Fixed expenses are the sort of expenses that remain unchanged and only change a few times and occasionally. For example, tuition fees, and insurance payments. The variable expenses include the expenses that change frequently and are mainly dependent on the purchase choices that are made every day. For example, medical bills, and clothing.
It can be concluded that the two types of expenses when considering your budget include variable and fixed expenses.
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In May 2019, the FBI arrested a group of mafia leaders for a series of scams that cost investors millions. The claim was that the mob bought large stakes in small companies and then bribed and coerced brokers to promote the stocks at inflated prices. This is known as _____.
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The form of illegitimate business that is being practiced by this arrested group of mafia leaders is known as a Ponzi scheme.
What is a Ponzi scheme?
A Ponzi scheme can be defined as a form of fraudulent business in which the owners lure unsuspecting victims (investors) to invest certain amount of money with the promise to pay them a certain percentage as returns, especially by taking more money from new set of investors.
This ultimately implies that, a Ponzi scheme is fostered by the payment of quick returns to the earlies investors, so as to lure other investors. Also, it may involve paying bribe and coercing brokers to promote the their stocks at inflated prices.
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Which of the following is a commitment of a company with a strong safety and
health culture?
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An organization's safety and health culture is a reflection of the values, attitudes, perceptions, skills, and behaviors of its workforce.
What exactly does top management entail in terms of health and safety?When we talk about the safety climate, we're talking about how much employees believe their supervisors value, support, and care about their safety. One particular and essential part of this is management's dedication to safety.
What is the safety and health culture like at work?Safety ideas, values, and attitudes that are shared by the majority of employees are given a high emphasis in a company's or workplace safety culture.
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GDP is a strong measure of the health of the economy, and it’s among the most important and widely reported economic data.
1.In your own words, summarize nominal GDP.
2.Locate an online news article that discusses impacts to GDP in some way. Summarize the article and explain its relation to/impact on GDP.
3.Cite your sources.
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Nominal GDP is the total value of all goods and services produced within a country's borders during a specific time period, typically measured in terms of the market prices at which these goods and services are sold.
What is nominal GDP ?Nominal GDP, in essence, represents the aggregate value of all goods and services produced within a nation's boundaries during a specified timeframe.
An online news article that discusses impacts to GDP in some way:
Headline: U.S. GDP Growth Slows to 1.5% in First Quarter
Summary:
The U.S. economy grew at an annual rate of 1.5% in the first quarter of 2023, down from 6.9% in the fourth quarter of 2022. The slowdown was driven by a number of factors, including the ongoing war in Ukraine, rising inflation, and supply chain disruptions.
The slowdown in GDP growth is a sign that the U.S. economy is facing headwinds. The war in Ukraine is causing energy prices to rise, which is contributing to inflation. Rising inflation is eating into consumer spending, which is a major driver of economic growth.
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Gross Domestic Product (GDP) is a measurement of a country's economic performance. It is among the most essential indicators used to assess the health of the economy. It measures the total value of all goods and services produced within the country's boundaries during a given period.GDP is significant because it reflects the standard of living of a nation and its people.
It indicates the total amount of wealth generated by an economy and how much of it flows into the hands of the individuals in the form of wages, salaries, or profits.GDP is the most widely reported economic data, and its changes can impact the markets and the country's overall economic health. Economic growth, employment rates, and the performance of the stock markets are all influenced by the GDP.GDP is also impacted by external factors such as natural disasters, economic policies, and global events. Recently, the coronavirus pandemic has had a significant impact on the GDP of many countries, forcing governments worldwide to shut down economies and restrict movement to curb the virus's spread. The lockdowns resulted in job losses, reduced production of goods and services, and a significant economic downturn. Economies worldwide are expected to have contracted in 2020 as a result of the pandemic's economic impact.One example of the impact of GDP can be seen in the United States. The US Department of Commerce reported that the country's GDP shrank at an annualized rate of 4.8% in the first quarter of 2020, the first time it had declined since 2014. The decline was attributed to the COVID-19 pandemic, which prompted the government to shut down many non-essential businesses and implement social distancing policies to curb the spread of the virus. It led to a decrease in consumer spending, business investments, and trade, which negatively impacted the country's economy. The impact on GDP has been felt worldwide, with many countries facing a recession due to the pandemic.Source: U.S. GDP falls 4.8% in first quarter as virus strikes, ending longest expansion in history.For such more question on economy
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Describe the importance of the global market and the roles of comparative advantage and absolute advantage in global trade.
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Answer:
wish i could help,,,,,,,,,,,,,
Explanation:
Troy Juth wants to purchase new dive equipment for Underwater Connection, his retail store in Colorado Springs. He was offered a $63,000 loan at 8.5% for 24 months. What is his monthly payment by table lookup? (Use Table 14.2)
Note: Round your answer to the nearest cent.
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If he was offered a $63,000 loan at 8.5% for 24 months. His monthly payment by table lookup is : $3071.
What is monthly payment?Monthly payment can be defined as the amount a person received on a monthly basis.
First step is to convert the month to year
Month to year = 24 / 12
Month to year = 2 years
Second step is to find the interest using this formula
I = P × R×T
Where:
I = Interest
P = Principal
R = rate
T = time
Hence
I = 63,000 × 2 × 8.5%
I = 10,710
So,
P+ I = 63,000 + 10,710
P+I = 73,710
Now let find the monthly payment:
Monthly payment = 73,710 / 24 months
Monthly payment = $3,071.25.
Monthly payment = $3,071 (Approximately)
Therefore the monthly payment is the amount of $3071
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How can events in a process costing system affect financial statements? Provide examples.
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The inventory costing asset account, which shows up on the balance sheet, is where the costs associated with units produced or in production are financial recorded.
The cost is transferred to the cost of goods sold account when the goods are eventually sold, where it appears on the income statement. Financial Process costing is a type of costing that's primarily utilized costing in manufacturing, where products are mass-produced constantly using one or more processes. Examples of this include producing chemicals, erasers, or processed foods. Instead of tracking expenses for each individual item, organizations that use process costing follow the flow of costs from department to department.
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Trevor Company expects sales of Product W to be 64,000 units in April, 79,000 units in May, and 74,000 units in June. The company desires that the inventory on hand at the end of each month be equal to 40% of the next month's expected unit sales. Due to excessive production during March, on March 31 there were 29,000 units of Product W in the ending inventory. Given this information, Trevor Company's production of Product W for the month of April should be:
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Answer:
66,600 units
Explanation:
Sales for April = 64,000 units
Closing Inventory Required at end of April = 31,600 units (79,000*40%)
Units Required = 64,000 units + 31,600 units
Units Required = 95,600 units
Units Need to be produced = Units Required - Units Available now
Units Need to be produced = 95,600 units - 29,000 units
Units Need to be produced = 66,600 units
So, trevor Company's production of Product W for the month of April should be 66,600 units.
Which one is the correct answer ?
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Answer:
I believe its B.
Explanation:
C and D don't make any sense since it is impractical to suffer during the hot months, and A is wrong (I believe) since the budget needs to be shifted to bring attention to the AC. So by elimination its B.
Over the course of the business cycle, which of the following statements is true about the behavior of output, employment and prices?
A. Output, employment and prices all rise during the upturn and they all fall during the downturn.
B. Employment increases but only if output is increasing, and this happens when prices are able to fall
C. Prices fall during the downturn to allow output and employment to increase
D. Because recessions are so unpredictable, we can't really say how output, prices and employment will change over the cycle
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Over the course of the business cycle, output, employment, and prices tend to behave differently. The answer is B. Employment increases but only if output is increasing, and this happens when prices are able to fall.
During the upturn, output and employment tend to rise, but prices may also rise if demand is increasing faster than supply. During the downturn, output and employment tend to fall, but prices may not necessarily fall as well, especially if the downturn is caused by a supply shock rather than a demand shock.
Option B is the most accurate statement. Employment tends to increase when output is increasing, which happens when firms are able to produce more at a lower cost. This often requires a reduction in input prices, including labor costs. Prices are able to fall during the downturn when demand is weak and firms must lower their prices to attract customers.
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What can McDonald’s do to win customers over?
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Customer service personnel typically need at least:
A. a high school diploma
B. a vocational school certificate
C. a community college degree
D. a four-year degree
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Answer:
a
Explanation:
2. Sales projections (LO2) Cyber Security Systems had sales of 3,000 units at $50 per unit last year. The marketing manager projects a 20 percent increase in unit volume sales this year with a 10 percent price increase. Returned merchandise will represent 6 percent of total sales. What is your net dollar sales projection for this year?
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Answer:
hjkbwhdnejm
Explanation:
sdvfbnhmjsdjfkmasdfhjk
1- The Net Operating Profit after Taxes (NOPAT) using the bottom-up method is provided by:
a. operating income minus tax benefit minus taxes as reported
b. operating income plus tax benefit minus taxes as reported
c. net income plus net financial expenses minus tax benefit
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The bottom-up method yields the Net Operating Profit after Taxes (NOPAT) as follows: a. the reported operating income minus the tax benefit minus the taxes .
What Is the Net Operating Profit After Tax?A financial metric known as net operating profit after taxes (NOPAT) depicts a company's core operations, net of taxes, performance. NOPAT is a more accurate measurement of operating efficiency for leveraged businesses and is frequently used in economic value added (EVA) calculations. The tax savings that numerous businesses obtain as a result of existing debt are not included in NOPAT. A company's potential cash earnings if its capitalization were unleveraged, or devoid of debt, are referred to as its net operating profit after taxes (NOPAT). There are no one-time expenses or losses included in the figure; These do not accurately reflect an organization's profitability. Even though they may have an impact on the company's bottom line that year, charges arising from a merger or acquisition may not always provide an accurate picture of the business's operations.
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Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates:
Machine-hours required to support estimated production 159,000
Fixed manufacturing overhead cost $652,000
Variable manufacturing overhead cost per machine-hour $4.60
Required:
a. Compute the plantwide predetermined overhead rate.
b. During the year, Job 400 was started and completed. The following information was available with respect to this job:
Direct materials $370
Direct labor cost $230
Machine-hours used 34
c. Compute the total manufacturing cost assigned to Job 400.
d. If Job 400 includes 60 units, what is the unit product cost for this job
Answers
a. The plantwide predetermined overhead rate is $8.7 per machine hour.
b. The Overhead applied is 296.
c. The total manufacturing cost assigned to Job 400 is $896.
d. The unit product cost for this job is $14.93.
Predetermined overhead ratea. Predetermined overhead rate
Predetermined overhead rate = Variable overhead cost per machine hour + Fixed manufacturing overhead cost/Estimated machine hours
Predetermined overhead rate= 4.60 + 652,000/159,000
Predetermined overhead rate= 4.60 + 4.10
Predetermined overhead rate= $8.7 per machine hour
b. Overhead applied
Overhead applied = Actual machine hours used x Predetermined overhead rate
Overhead applied = 34x 8.7
Overhead applied= $295.8
Overhead applied= $296 (rounded to nearest whole dollar)
c. Total manufacturing cost assigned to Job 400.
Job cost sheet
Direct material $370
Direct labor $230
Overhead applied $296
Total manufacturing cost $896
d. Unit product cost = Total manufacturing cost/Number of units
Unit product cost = 896/60
Unit product cost = $14.93
Inconclusion the plantwide predetermined overhead rate is $8.7 per machine hour and the Overhead applied is 296.
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Carrie wants to open a boat shop right next to te beach. What type of utility is she implementing
Answers
Answer:place utility
Explanation:
QS 9-2 (Algo) Reporting current portion of long-term debt LO C1 The liabilities of Organic Foods are made up of $79,000 in notes payable as of its December 31 year-end. For those notes payable, $4,900 is due within the next year. Prepare the liabilities section of Organic Foods’s December 31 year-end balance sheet.
Answers
The amount of an obligation's principal that has to be paid off within a year after the balance sheet date. For instance, if a business has a $50,000 bank loan that needs monthly interest and principle payments, the following 12 months' worth of principal payments will represent the remaining balance on the loan.
What is long term portion of debt?
Debt with a maturity of more than a year is considered long-term debt. The duration of this might range from two to five to ten to even thirty years. The amount of principle and interest of the total debt that is required to be paid within one year is the current share of long-term debt.
A long-term debt has a maturity date that is more than a year out from the balance sheet date. Yet, under the current liabilities part of the balance sheet, any sum that is due within the next 12 months is categorized as the current portion of long-term debt.
Some of the most popular long-term debt instruments utilized by businesses are credit lines, bank loans, and bonds with obligations and maturities longer than one year. A corporation receives cash from all debt instruments, which is classified as a current asset.
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Answer:
Explanation:
The liabilities of Organic Foods are made up of $60,000 in notes payable as of its December 31 year-end. For those notes payable, $3,000 is due within the next yearPrepare the liabilities section of Organic Foods's December 31 year-end balance sheet .
If an increase in the price of good x causes a decrease in the demand for good y, we can conclude that:_________
Answers
Answer:
the price of good Y will Increase and goods are complimentary
This is like highschool economics,
There should be quizlet flash cards for this
If an increase in the price of good x causes a decrease in the demand for good y, we can conclude that then, both X and Y goods are complementary goods.
What are substitute goods?Similar products that a client may employ for the same purpose are substitute goods. If the product they prefer is offered, your customers might buy it, but they might also look at alternatives if the price, the product's availability, or its quality changes. The demand for an item is frequently affected by these changes as well.
A complementary good or service is one that is utilized in conjunction with another good or service. Typically, the complimentary product has little to no value when ingested by itself. However, when combined with another good or service, it raises the bid's overall worth.
When two goods are complementary, a rise in the price of one good will result in a decline in the demand for the other good. The demand curve is also affected by the costs of related or replacement commodities.
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Unbanked Partner #1
1. I've had terrible customer service at the banks I've been into, so I don't like them and I
don't trust them. I'm certainly not leaving my money with them,
Answers
Being unbanked has become an increasingly common situation for many individuals in recent years. An unbanked person is someone who has no financial account with any institution. Individuals may choose to be unbanked for a variety of reasons, including a lack of trust in banks due to poor customer service or a negative experience.
A person may have experienced a bad encounter with a bank employee and choose to leave the bank and seek other banking options. They may also be unable to maintain a minimum balance in their bank account, and banks may impose fees for accounts that fall below a certain amount. It can be inconvenient to have to travel to a bank to withdraw money, especially if the nearest bank is far away. Additionally, the time spent waiting in line at a bank can be tedious, and it can be difficult to fit into a busy schedule.
There are alternatives to traditional banks that may be more convenient and better suit the needs of unbanked individuals. Credit unions, for example, offer similar services as banks but are often smaller and more focused on serving the community. Mobile banking apps have also become increasingly popular, offering services such as depositing checks and transferring money.
The use of prepaid debit cards is another option that allows for the convenience of a card without the need for a traditional bank account. The unbanked may also benefit from budgeting tools and financial literacy resources, which can help them make informed financial decisions and take control of their finances. Overall, being unbanked does not mean that an individual cannot access financial services or manage their money effectively.
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(please hurry its due soon) The American composer john cage spoke of the "all sounds" music of the future. What might that mean?
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Explanation:
the famous composer known for he meant that music would be more than just about dissonance and consonance. John Kay just talkin about a revolution in music where the boundaries between noise and music would be challenged. In a way he turned out to be right as what would be considered noise in a stretch acoustic point of view or now included in musical compositions
An electronics store wants to clear the warehouse of all television models
that producers are updating. It decides to begin offering a sale price of 40%
off. What is the sale price in dollars for a model with a list price of $1,000?
A. $400
B. $40
C. $600
D. $1,400
Answers
Answer:
$600
Explanation:
just took the test
$600 is the sale price in dollars for a model with a list price of $1,000.
What is a list price?The list cost of a good, sometimes referred to as the big manufacturers retail price, advised pricing, or proposed wholesale price, is the amount that the producer theoretically advises that a retailer sell it for.
The pricing is the advertised price at which a product is made available for purchase throughout a single segment, such as a display, a retail store, a lending library, or a web for a retailer, wholesaler, or importer.
A sale price of 40% off.
This suggests that the proc that will be applied will be 100 - 40 = 60
a list price of $1,000 is given
Therefore the price will be at 1000 * 60%
= $600
The merchant or shopkeeper determines the list price or MSRP in response to shifts in the regional marketplaces.
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Based on your understanding of the relationship between relative inflation rates and exchange rates, identify whether the preceding statement is valid or invalid.
a. The statement is valid, because the nominal interest rate is the sum of the real interest rate plus inflation, so higher inflation rates would result in higher interest rates.
b. The statement is invalid, because the nominal interest rate is independent of the inflation rate.
If companies borrow from countries with low interest rates, the potential gains from the interest savings will likely be ______________ by the losses from currency appreciation. The currency of a country with a higher inflation rate than the U.S. inflation rate will ____________ over time against the dollar.
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Answer:
b.the statement is invalid because the nominal
Explanation:
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The following transactions occurred during July:
Received $1,020 cash for services provided to a customer during July.
Received $4,400 cash investment from Bob Johnson, the owner of the business
Received $870 from a customer in partial payment of his account receivable which arose from sales in June.
Provided services to a customer on credit, $495.
Borrowed $7,200 from the bank by signing a promissory note.
Received $1,370 cash from a customer for services to be rendered next year.
What was the amount of revenue for July?
a. $1,020.
b. $3,755.
c. $14,860.
d. $1,515.
e. $2,885
Answers
The amount of revenue for July is $1,515.
The computation of the amount of revenue for July is as follows:= Cash received during July month + provided service to the customer on credit
= $1,020 + $495
= $1,515
Therefore we can conclude that the amount of revenue for July is $1,515.
Hence, option d is correct.
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