aker Industries’ net income is $27000, its interest expense is $5000, and its tax rate is 45%. Its notes payable equals $24000, long-term debt equals $80000, and common equity equals $260000. The firm finances with only debt and common equity, so it has no preferred stock. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet What are the firm’s ROE and ROIC? Round your answers to two decimal places. Do not round intermediate calculations.

Reese opened his business in February. Due to circumstances beyond his control, it closed in August. The month of this short tax year that will serve as the midpoint for purposes of calculating depreciation using the half-year convention is: July. (Option D)

For a short tax year, the month of July will be used for depreciation using the midpoint technique. This is because when an asset is acquired throughout the year and used after the second half, July 1 is used to calculate depreciation using the half-year approach. As a result, option d, July, is the right answer.

A fiscal year is used in government accounting, which differs by country, as well as budgeting. Businesses and other organizations also utilize it for financial reporting.

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Full Question:

Jackson opened his business in February. Due to circumstances beyond his control, it closed in August. What month of this short tax year will serve as the midpoint for purposes of calculating depreciation using the half-year convention?

A) April

B) May

C) June

D) July

Answer:

b. not a loan but a form of stock.

Explanation:

Capital can either be equity or debt capital. Debt capital refers to borrowed funds either from the banks or other lenders.

Equity capital is the owner's contribution to the business. It is what the shareholders of the business have given to the business as capital. Equity is not a loan, nor is it meant to be refunded. It represents the owner's investment in the business.

Step 2: Probability Research Probability, Optimization, Forecasting.

Step 3: Integrating Data Research for Business.

Probability:

Probability is a branch of mathematics that deals with the likelihood of events occurring. It is a measure of uncertainty and is expressed as a number between 0 and 1, where 0 represents impossibility and 1 represents certainty.

Optimization:

Optimization involves finding the best possible solution from a set of alternatives. It aims to maximize desired outcomes or minimize undesirable ones, considering constraints and objectives.

Forecasting:

Forecasting is the process of predicting future events or outcomes based on historical data and statistical models. It helps businesses anticipate demand patterns, market trends, and other factors that can influence decision-making.

Step 3: Integrating Data Research for Business

Probability and statistics play a crucial role in business decisions. They provide a framework for analyzing and interpreting data, assessing risks, making predictions, and supporting evidence-based decision-making.

When working with probability, ethical considerations are important. It is essential to ensure that data used in probability analysis is collected ethically, respects privacy and confidentiality, and adheres to relevant legal and regulatory requirements.

Probability is a valuable method for the CEO to consider because it provides a systematic and quantitative approach to analyzing uncertainty and making informed decisions.

By integrating probability into the business model, the CEO can better understand risks, optimize resource allocation, improve forecasting accuracy, and ultimately enhance strategic decision-making and business performance.

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Answer:

American imperialism was mostly fueled by its need to expand its economic frontiers, gaining markets for American goods, and acquiring sources of raw materials for its domestic productivity.

Secondly, political ideologies needed the spreading of democratic ideals around the world in order to defeat communism abroad and combat home-grown and imported communism.  If this was not done, communist ideology would have overrun the majority of the countries with dare consequences.

These two pursuits cannot be achieved without ensuring that America's strategic interests and influence over other countries are militarily safeguarded.

Explanation:

Economic expansion, political power, the diffusion of ideological beliefs, and the spreading of religious beliefs and practices to other nations are the main driving force behind all forms of imperialism.  America narrowed its interests to these three drivers: economic interest, political ideology, and defense strategies.

Answer:

True

Explanation:

I've done the same unit for Personal Finance

9.  Probability (between 25 and 40 minutes) = 0.75.

10. Two values are 18.3 minutes (lower value), and 41.7 minutes (upper value)

For the probability that a commute is between 25 and 40 minutes, calculate the difference between the cumulative probabilities of the upper and lower bounds.

P(25 < Commute < 40) = P(Commute < 40) - P(Commute < 25)

Using the given probability values:

P(25 < Commute < 40) = 0.952 - 0.202

P(25 < Commute < 40) = 0.75

Therefore, the probability that a commute is between 25 and 40 minutes is 0.75.

10. To find the two values equidistant from the mean of 30 minutes such that 90% of all commute times are between these values, calculate the corresponding z-scores.

Since the data follows an approximately normal distribution, use the z-score formula:

z = (x - μ) / σ

Where:

z is the z-score

x is the value

μ is the mean

σ is the standard deviation

To find the z-scores corresponding to the cumulative probabilities, use the norm.inv() function in Excel.

The z-score for the lower value, which corresponds to the 5th percentile (0.05 cumulative probability), is given by:

z1 = norm.inv(0.05, 0, 1)

The z-score for the upper value, which corresponds to the 95th percentile (0.95 cumulative probability), is given by:

z2 = norm.inv(0.95, 0, 1)

Now, find the corresponding commute times by rearranging the z-score formula:

x = z * σ + μ

Using the given mean (μ = 30) and standard deviation (σ = 6):

For the lower value:

x1 = z1 * σ + μ

For the upper value:

x2 = z2 * σ + μ

Calculating the values:

For the lower value:

x1 = norm.inv(0.05, 30, 6) ≈ 18.3 minutes

For the upper value:

x2 = norm.inv(0.95, 30, 6) ≈ 41.7 minutes

Therefore, the two values (without rounding) equidistant from the mean such that 90% of all commute times are between them are 18.3 minutes & 41.7 minutes

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The statement ''A misconception is a misunderstanding.'' is True. A misconception refers to a misunderstanding or a mistaken belief about something.

It is a cognitive error where an individual holds an incorrect understanding of a particular concept, idea, or situation. Misconceptions can arise due to various factors such as incomplete information, misinterpretation of information, cultural influences, biases, or a lack of critical thinking. Misconceptions can be found in various domains, including science, history, language, and everyday life. They can persist even in the presence of contradictory evidence or when confronted with accurate information. Correcting misconceptions is important as they can lead to flawed decision-making, misinformation spreading, and hinder personal and intellectual growth.

Addressing misconceptions requires effective communication, education, and the promotion of critical thinking skills. By challenging and correcting misconceptions, individuals can develop a more accurate understanding of the world around them, make informed judgments, and engage in meaningful discussions based on reliable information.

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If wine and cheese are complement goods, when the price of cheese increases, the demand for wine would decrease.

Complement goods are goods that are consumed together. An example of complement goods are bread and jam.

According to economic theory, there is an inverse relationship between price and the quantity demanded. When the price of one of the complement good increases, it would become more expensive to consume the good. Thus, there would be a decrease in demand for that good. As a result of the decrease in quantity demanded, there would b a decrease in demand of the other complement good.

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Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.

- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.

To determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.

Let's analyze the tasks:

1. Clutch Replacement:

- Isabella takes 6 hours.

- Antonio takes 8 hours.

Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.

2. Brake Replacement:

- Isabella takes 4 hours.

- Antonio takes 6 hours.

Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.

Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.

Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.

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All businesses, including hotels and restaurants, attempt to provide the right amount of product or service to meet the existing desire for it. This is called Supply relationship. Thus, the correct answer is option A.

Supplier relationship management (SRM) is the :

The goal of SRM is to establish two-way, mutually beneficial relationships with strategic supply partners in order to deliver higher levels of innovation and competitive advantage than would be possible by operating independently or through a traditional, transaction purchasing arrangement.

Therefore, option A is correct.

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Answer:

B it occurs where the market demand and supply curves intersect.

Explanation:

The equilibrium price is the current market price, as determined by the forces of demand and supply. It reflects the price at which buyers and sellers agree for a specified quantity of a product in a given time.

In a graph containing both the demand and supply curve, the equilibrium price is the two curves' intersection. At this price, there will be excess or short supply in the market.

Answer:

Explanation:

Calculation to determine consolidated net income attributable to Chamberlain Corporation

Using this formula

Consolidated net income attributable to Chamberlain Corporation=[(Neville Revenues-Neville Expenses)+(Chamberlain Revenues-Chamberlain Expenses)- Annual excess fair-value amortization]-[(Neville Revenues-Neville Expenses)-Annual excess fair-value amortization*percentage of ownership in Neville.

Let plug in the formula

Consolidated net income attributable to Chamberlain Corporation=[($460,000-$328,000)+($784,000-$440,000)-$19,800]-[($460,000-$328,000)-$19,800*40%]

Consolidated net income attributable to Chamberlain Corporation=($132,000+$344,000-$19,800)-($132,000-$7,920)

Answer:

dont know sorrrrrrrryrrrrrrrrr

Answer:

a. 8,50,000

Explanation:

Account balance INR, 22, 50,000

Accumulated depreciation INR. 14,00,000

The book value is the difference between the account balance and the accumulated depreciation

= INR, 22,50,000 - INR. 14,00,000

=INR, 8,50,000

9514 1404 393

Answer:

  gasoline

Explanation:

The price of gasoline rises dramatically when there is a perceived shortage. That price rise, in turn, causes producers to seek out sources of supply that previously had been considered uneconomical.

Answer:

Explanation:

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Answer: A job search should be done using various filters in the search engines so that one can get only the specific results.

Explanation:

A JOB LEADS SOURCE LIST:

It can help us to find all the specific job lists.

The information includes contact information about the source company.

A PERSPECTIVE EMPLOYER RECORD:

It is used to gather information about hiring status, recording information, and can help in asking questions related to employment.

Answer:

Two documents that you could use to organize your job search include a Job Leads Source List and a Prospective Employer Record. A Job Lead Source List is used to help record all of the job leads you find. It includes contact information and a plan of action for how to use the job lead. A Prospective Employer Record is used to gather additional information about a job lead, using the contact information and plan of action from the Job Lead Source List. The Prospective Employer Record gathers information about each job leads hiring status, job potential, and follow-up methods.

Explanation:

Sample response; edge 2020

Answer:

1. $60,600

2. 20%

3. $12,120

Explanation:

Given the data;

Cost = $65,500

Residual value = $4,900

Useful life = 5 years

Then,

1. Depreciable cost = Cost - residual value

= $65,500 - $4,900

= $60,600

2. Straight-line rate = 100 / Useful life

= 100 / 5

= 20%

3. Annual straight line depreciation = Cost - Residual value / Useful life

= ($65,600 - $4,900) / 5

= $60,600 / 5

= $12,120

The amount of capital that Transnet is said to be able to raise is put at  R100 billion business by 2020.

This is the name of a railroad company that was established in South Africa. The company is known for the fact that it is a port, a rail and a pipeline company in the nation.

According to the goals of the company, there goal is to grow the business to have a R100 billion business by 2020. This business is a limited liability company that is owned majorly by the Department of Public Enterprises of South Africa. The government of the country are known to be the sole share holder that the business has in the nation.

So based on the question that we have here we can conclude that the The amount of capital that Transnet is said to be able to raise is put at  R100 billion business by 2020.

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In cell f18, formula using the count function to count the number of values in the range f4:f16 is "=COUNT(C3:C17)

The COUNT function counts the number of parameters in the list as well as the number of cells that contain numbers. Get the number of entries in a number field that is part of a range or array of numbers by using the COUNT function.

The COUNT function in Excel provides a count of values that are numerical values. Negative numbers, percentages, dates, times, fractions, and formulae that yield numbers are all examples of numbers. Text values and empty cells are ignored.

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Based on the gross pay and the given deductions the net pay can be found to be $474.34.

From the complete question, there are three deductions: the federal income tax of 10%, the social security tax of 6.2%, and the medicare tax of 1.45%.

The net pay is:

= 576 - (576 x 10%) - (576 x 6.2%) - (576 x 1.45%)

= 576 - 57.60 - 35.71 - 8.35

= $474.34

Rest of the question is:

federal income tax (10% gross pay) social security tax (6.2% gross pay) medicare tax (1.45% of gross pay).

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Answer:

Johnson & Johnson's reputation would lead you to believe that it is operating at level of corporate responsibility. The managers at Johnson & Johnson who authorized the buyback of defective products might have endorsed Milton Friedman's shareholder, or profit- maximizing, view. Which of the following arguments also support Friedman's position? Check all that apply. Organizations must make money to stay in existence. Making money, then, should be the sole focus of an organization's activities. Organizations have the knowledge and resources to do good in the community, so they are responsible for helping others. O Organizations have more power than most underprivileged people, so they are responsible for helping those people get ahead in life. Organizations have one responsibility: to increase the wealth of their stockholders.

Explanation:

Johnson & Johnson reputation would lead you to believe that it is operating at  a discretionary level of corporate responsibility.

Corporate responsibility (CR), also known as corporate social responsibility (CSR) or business sustainability, is concerned with the ethics that guide an organization's activities and how it operates to ensure long-term viability. These two factors are inextricably linked because a business that harms the systems on which it relies will eventually fail.

Discretionary responsibility refers to purely voluntary obligations assumed by a business. It is the responsibility of the company's management to protect the capital investment by engaging in only profitable business ventures that provide a good return on investment. It includes charitable contributions, disaster relief, and a variety of other activities.

Therefore, Johnson & Johnson is believed to be operating at discretionary level of corporate responsibility.

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Answer:

multiply by 3

Explanation:

it doesn't make sense at first but when you add it all up you get a solid3.1 but you round it to the nearest 10th and get 3

Answer: no

Explanation: in every organisation, there is rules that should be obeyed by the employee. and obviously, one must not give out any personal information whether it's about their employee or customer

Perpetual Inventory can be calculated as follows:

a. Weighted average unit cost after the October 22 purchase:

Beginning inventory:

340 units at $10 = $3,400

Purchases:

200 units at $10 = $2,000

360 units at $11 = $3,960

Total units: 340 + 200 + 360 = 900 units

Total cost: $3,400 + $2,000 + $3,960 = $9,360

Weighted average unit cost = Total cost / Total units

=$9,360 / 900 units

≈ $10.40 (rounded to two decimal places)

b. Cost of goods sold on October 29:

Units sold: 400 units

Cost of goods sold = Units sold * Weighted average unit cost

= 400 units * $10.40

= $4,160

c. Inventory on October 31:

Remaining units: 100 units (900 units - 400 units)

Weighted average unit cost (from part a): $10.40

Inventory value = Remaining units * Weighted average unit cost

= 100 units * $10.40

= $1,040

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Answer:

Prist Co.

Journal Entry, showing the effect of having the warranty program during 2019:

Debit Warranty Expense $13,458

Credit Warranty Liability $13,458

To establish the warranty liability of 0.3% of sales.

Debit Warranty Liability $20,100

Credit Inventory $20,100

To record the actual cost of warranty.

Debit Warranty Expense $6,642

Credit Warranty Liability $6,642

To account for the difference between the actual cost and the estimated cost.

Explanation:

a) Data and Calculations:

Estimated cost of a warranty program = 0.3% of sales

2019 Sales = $4,486,000

Estimated Warranty liability for 2019 = $13,458 ($4,486,000 * 0.3%)

Actual warranty expense = $20,100

Difference between warranty liability and actual warranty expense $6,642 ($20,100 - $13,458)

Answer:

The answer is A. sole proprietorship

Explanation:

Hope this helps!!

Answer:

Explanation:

Both modern and ancient medicine both use or use natural plants or herbs to help with illnesses. These types of medicines are still used today

The nonbusiness bad debt of $12,000 would have been reported as a

short-term capital loss, and  $10800  would be included in Monty's gross income this year.

When Ned failed to pay the remaining balance on the loan, Monty treated the $12,000 as a nonbusiness bad debt. Since it was a nonbusiness bad debt, Monty could claim a short-term capital loss deduction on his tax return in the year the debt became worthless, which was the year Ned filed for bankruptcy.

Monty had capital gains of $4,800 and taxable income of $40,250 in the year before the current year. The short-term capital loss deduction of $12,000 from the nonbusiness bad debt would reduce his taxable income for that year to $33,050 ($40,250 - $12,000 + $4,800).

During the current year, Ned paid Monty $10,800 in satisfaction of the debt. Since Monty had previously claimed a deduction for the nonbusiness bad debt, he must include the $10,800 in his gross income for the current year, as it is considered a recovery of a previously deducted bad debt.

However, since the debt was previously treated as a short-term capital loss, the recovery of the debt is also treated as a short-term capital gain. Monty's short-term capital gain for the current year would be $10,800, which would be reported on Schedule D of his tax return. The tax rate on short-term capital gains depends on Monty's taxable income for the current year, but it is typically taxed at a higher rate than long-term capital gains.

In summary, Monty must include the $10,800 in his gross income for the current year and report it as a short-term capital gain on Schedule D of his tax return.

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Answer:

1. Explain your pricing structure

2. Focus on the value of your product or service

3. Compare your prices to the competition

4. Offer a discount or free trial

5. Give away free gifts or prizes.

These all sound like great ways to reduce resistance. However, it is always important to be honest and transparent in all marketing and sales messages. If you cannot offer a free trial or discount, then don't.

Explanation:

The ways that finance and insurance affect our global economy include:

Finance plays a crucial role in allocating capital to its most productive uses. Through the provision of financial services such as banking, investment, and asset management, finance channels funds from savers to investors, supporting economic growth and development.

Insurance plays a vital role in managing risk and protecting individuals and businesses from potential losses. By spreading risk among a large pool of insured individuals or companies, insurance enables businesses to invest and take on new opportunities with greater confidence, contributing to economic growth and stability.

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