an employee is known among his colleagues for his arrogance, rude behavior, and short-tempered nature. his supervisor does not feel like the employee is performing well and wants to fire him. however, the manager of the hr department, advises the supervisor to rethink his decision in order to avoid the possibility of the employee reacting violently or filing a lawsuit when he receives the news. in this scenario, which situation is most likely to result in an amicable discharge of the employee?
Answers
The HR ask manager to give employee more training, and if he doesn't perform well, then manager can fire him.
An agreement between an employer and an employee is known as a mutual separation contract. It specifies the length of an amicable split. In exchange for a severance payout, employees typically agree not to pursue further legal or disciplinary action once their position is terminated.
Employee will not have any flexibility in this case and will be solely responsible for demonstrating his worth as an employee. By doing this, the supervisor can avoid the aggressive response of the employee and achieve an amicable termination of the employee.
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Related Questions
How does an entrepreneur demonstrate comfort with risk when launching a business?
Answers
Answer: There are five kinds of risk that entrepreneurs take as they begin starting their business. Those risks are: founder risk, product risk, market risk, competition risk, and sales execution risk. Founder risk considers who the founders of the company are, if they get along, and how they will work for the company.
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Explanation:
Identify two of Tumi Manufacturers complies with the
Answers
Two of the laws that Tumi manufacturers comply with are
Labor lawsEnvironmental laws.What is corporate social responsibilityThis is the responsibility of an organization to the the area where they operate.
The manufacturers have to comply with the labor and the employment laws that have been set in the country that they operate.
Also one of their corporate responsibilities is to ensure safe practices that are safe and not harmful of our environment.
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wyatt oil issued $100 million in perpetual debt (at par) with an annual coupon of 7%. wyatt will pay interest only on this debt. wyatt's marginal tax rate is expected to be 40% for the foreseeable future. what is the present value of wyatt's annual interest tax shield?
Answers
The present value of Wyatt's annual interest tax shield is $2.8 million.
To calculate the present value of the annual interest tax shield, we need to determine the tax shield amount and then discount it to its present value.
The tax shield is the tax savings resulting from deducting the interest expense from taxable income. In this case, Wyatt's annual coupon payment is 7% of $100 million, which amounts to $7 million.
Since Wyatt's marginal tax rate is 40%, the tax shield is calculated by multiplying the coupon payment by the tax rate, resulting in a tax shield of $7 million * 40% = $2.8 million.
To find the present value, we need to discount the tax shield amount to its present value. Since the debt is perpetual, we can use the perpetuity formula. Assuming a discount rate or cost of debt of "r," the present value is calculated by dividing the tax shield by the discount rate: $2.8 million / r.
The specific discount rate or cost of debt is not provided in the question, so it is not possible to calculate the exact present value without that information.
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There is an E. coli breakout on a cruise shio which leads to the cancellation of reservations on other cruise ships. What kind of risk is this to the owners of cruise ships? Why does this happen? please I need help asap
Answers
Answer:
below
Explanation:
the cleaning process and the money that is going to be lost.if a cruse ship gets cancelled the money rate will go down
1. Define the oscopy approach in PCS coding.
2. Code the following scenario dividing the codes appropriately into the mom and baby charts: 29-year-old female presents for delivery. This is her third pregnancy. She is at 39 weeks of gestation. This is a normal pregnancy. After a normal delivery, she gives birth to a single liveborn. The little boy is circumcised on the second day without incident. Both mom and baby are discharged in good health.
3. Code the following scenario dividing the codes appropriately into the mom and baby charts: 36-year-old female presents for delivery. This is her first pregnancy. She has had a normal pregnancy without incident. She is 37 weeks gestation. This is a twin pregnancy. Baby A is delivered vaginally with low forceps and Baby B by C section. Both babies are fine.
4. Code the following scenario: 40-year-old multigravida presents for vaginal delivery in week 41. No problems during delivery. Single liveborn.
5. Code the following scenario: 26-year-old primigravida presents in week 38. Second-degree perineum tear. Single liveborn.
6. Code the following scenario: Baby born via C-Section transferred to Children's Hospital for Myelomeningioma with hydrocephalus. Code for Children's hospital.
Answers
1. Oscopy approach: Surgical instrument insertion method - open or percutaneous. 2. Mom: Normal delivery. Baby: Liveborn, circumcision. 3. Mom: Vaginal delivery with low forceps. Baby A: Vaginal delivery. Baby B: C-section. 4. Vaginal delivery of single liveborn at week 41. 5. Vaginal delivery, second-degree perineum tear, single liveborn. 6. Children's Hospital: Transfer for C-section-born baby with myelomeningioma and hydrocephalus. Code accordingly.
1. The term "oscopy" in PCS coding refers to the approach used during a surgical procedure. It is used to describe the method by which a surgical instrument or device is inserted into the body. The approach can be classified as either "open" or "percutaneous." An open approach involves making a larger incision to access the target area directly, while a percutaneous approach involves inserting instruments through the skin using a minimally invasive technique. The choice of approach depends on the specific procedure and the surgeon's preference.
2. For the given scenario, dividing the codes appropriately into the mom and baby charts would involve assigning diagnosis and procedure codes for each individual. In the mom's chart, you would code for the normal delivery and any relevant procedures or conditions related to the mother. In the baby's chart, you would code for the liveborn status, circumcision, and any other relevant procedures or conditions related to the baby.
3. In this scenario, coding appropriately into the mom and baby charts would involve assigning diagnosis and procedure codes for each individual. In the mom's chart, you would code for the normal pregnancy, twin pregnancy, vaginal delivery with low forceps, and any relevant procedures or conditions related to the mother. In the baby's chart, you would code for the C-section delivery, twin status, and any relevant procedures or conditions related to the babies.
4. For this scenario, the coding would involve assigning diagnosis and procedure codes for the vaginal delivery of a single liveborn baby in week 41 of gestation. The specific codes would depend on any additional procedures or conditions that may be present during the delivery.
5. In this scenario, the coding would involve assigning diagnosis and procedure codes for the perineum tear and the vaginal delivery of a single liveborn baby in week 38 of gestation. The specific codes would depend on the severity of the tear and any additional procedures or conditions that may be present during the delivery.
6. For the scenario involving the baby's transfer to Children's Hospital for myelomeningioma with hydrocephalus, you would need to code the diagnosis and any relevant procedures or conditions associated with the baby's condition. The specific codes would depend on the details provided in the scenario and the coding system used (such as ICD-10-CM for diagnosis coding and/or CPT or HCPCS for procedure coding). The codes should accurately reflect the baby's diagnosis and the reason for the transfer to Children's Hospital.
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A 10-year corporate bond has a 6 percent coupon, a call premium of $60, and a first call date in year 4. Market interest rates are 6.5 percent and are expected to rise for an extended period. If you plan to hold the bond, which yield should you most consider before buying the bond
Answers
Answer:
YTC = 8.3%
Explanation:
you should calculate the yield to call (YTC)
YTC = {coupon + [(call value - market value)/n]} / [(call value + market value)/2]
but we first need to calculate the market value:
PV of face value = $1,000 / (1 + 6.5%)¹⁰ = $532.73
PV of coupons = $60 x 7.18883 (PV annuity factor, 6.5%, 10 periods) = $431.33
market price = $532.73 + $431.33 = $964.06
YTC = {60 + [(1,060 - 964.06)/4]} / [(1,060 + 964.06)/2] = 83.985 / 1,012.03 = 8.3%
When the government imposes a price ceiling or a price floor on a market?
Answers
Price controls are laws passed by the government to regulate prices. Price controls are classified into two types. A price ceiling prevents prices from rising above a particular level. A price floor prevents a price from falling below a certain level.
What happens when the government imposes a price floor?In a market, a price floor occurs when the government imposes a minimum price that is higher than the equilibrium price. The mandated price acts as a "floor," preventing buyers and sellers from negotiating lower prices and achieving equilibrium.
According to the Corporate Finance Institute, a binding price floor is when the government tries to set a required price on a good or goods at a price higher than the equilibrium. Because the government requires that prices do not fall below this level, that price binds the market for that good.
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Although some laws concerning cash dividends vary by state, which provision is followed by all states?
Answers
Although some laws concerning cash dividends vary by state, the provision followed by all states is Cash dividends may be paid out of retained earnings.
A cash dividend is the distribution of budget or cash paid to stockholders usually as a part of the company's modern-day income or gathered earnings. coins dividends are paid at once in money, as opposed to being paid as a stock dividend or different shape of value.
Cash dividends are considered property due to the fact they boom the net well-worth of shareholders via the quantity of the dividend.
Cash dividends are payments made in coins to shareholders based totally on the number of stocks they preserve. inventory dividends are bills to shareholders made in the shape of extra stocks of inventory.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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In a freehold estate what describes when the ownership includes all immovable structures attached to the land such as buildings, trees, and underground resources?
Answers
There are different kinds of estate. In a freehold estate immobility describes when the ownership includes all immovable structures attached to the land such as buildings, trees, and underground resources.
Freehold estates is known to be made up of 2 components. They are:
immobility: This is simply the ownership of all immovable structures that is attached to land. An indefinite ending: This is known to stay or exist for a lifetime.Freehold estates are simply known to be a type of estates that has indefinite lifetime and it can exist for a lifetime or forever.
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which of the following is not a property expected of a standard candle? group of answer choices they must be easy to identify. they must be relatively or very bright. there must be a very precise relationship between luminosity and something that is relatively easy to measure. the must all be the exact same brightness.
Answers
The must all be the exact same brightness is not a property expected of a standard candle. The acknowledged current value of one share of common stock of a private corporation is known as fair market value.
It is a representation of the stock's market value. Fair value is the true worth of an asset that is derived from its fundamentals and is not influenced by any influences candle of the market. An asset's fundamentals have no bearing on its value. The price that two parties are ready to exchange for an asset or liability at fair market value depends on the following factors: Regarding the state of the asset or liability, both parties are fully informed.
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Reflective journal on impacts of unionization, why you choose
this topic and how it impacts on you?
Answers
I will provide you with a general explanation of a reflective journal on impacts of unionization.
What is unionization?Unionization is the act of forming or joining a labor union to advocate for better working conditions, wages, and benefits.
How unionization impacts workers and organizations:
Unionization benefits workers by giving them a collective voice in negotiations with employers. Employees who belong to a union generally receive better wages, benefits, and working conditions. Unionized workers also have more job security and are better protected from discrimination, harassment, and unfair treatment in the workplace. However, unionization can lead to higher labor costs for employers and create tension between unionized and non-unionized employees. Organizations must also negotiate with union representatives on issues such as wages, hours, and working conditions, which can be time-consuming and costly.How to write a reflective journal on impacts of unionization:
Begin by writing about why you chose this topic, and what you hope to learn from reflecting on it. As you continue to write, consider the following questions:-
How has unionization impacted workers and organizations?
- Have you ever belonged to a union or worked for an organization that was unionized?
How did this impact you?
- What are the benefits and drawbacks of unionization, from both the employee and employer perspective?
- What can be done to address the challenges and opportunities of unionization in today’s workforce?
- What role do you see unions playing in the future of work?
As you reflect on these questions, consider your personal experiences and opinions, and how they shape your understanding of the impacts of unionization.
Remember that the goal of a reflective journal is not to arrive at a single “correct” answer, but rather to engage in a thoughtful, honest, and open-ended exploration of a topic.
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Which of the following is not a genuine concern about the issue
of rising international public debt?
a. inability of the government to repay debt
b. rising interest rates.
c. declining investment
d. g
Answers
From the accompanying, declining venture is certainly not a certified worry about the issue of rising global Public debt. It is option C.
Public debt, also known as government debt, is the total amount of a nation's government's outstanding debt in the form of bonds and other securities. It is much of the time communicated as a proportion of GDP (Gross domestic product).
Rising obligation implies less monetary open doors for Americans. Business investment is curtailed and economic expansion is slowed by rising debt. It likewise builds assumptions for higher paces of expansion and disintegration of trust in the U.S. dollar.
Over the long haul, public obligation that is too enormous makes financial backers drive up loan fees as a trade-off for the expanded gamble of default. As a result, the costs associated with housing, expanding businesses, and auto loans increase.
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If a company's stock has gone up 20% in the last 12 months, is the company's stock in fact doing well?
sample answer:
Answers
The increase of a company's stock by 20% in the last 12 months can be an indicator that the company's stock is doing well, but it is not a definitive measure.
A stock's performance depends on a variety of factors, including the company's financial health, industry trends, market conditions, and overall economic environment. If a company's stock has gone up 20% in the last 12 months, it may suggest that investors are optimistic about the company's future prospects and believe that it is on a path to growth and profitability. However, it's important to consider other factors such as the company's revenue, earnings, and cash flow, as well as any potential risks or challenges that could impact its performance in the future. Moreover, a 20% increase in stock price over 12 months is only one data point and does not necessarily provide a complete picture of a company's performance. It's also important to compare the company's stock performance to its peers in the same industry and to broader market indices to get a more comprehensive understanding of its overall performance.
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Which two security regulations does the pci enforce with regard to electronic banking?
Choices
A. Banks must maintain a secure network
B. Banks must allow customers to chose the level of security they want
C. Banks must compensate customers for money lost due to stolen cards
D. Banks must have information security policy
Answers
Answer:
A. Banks must maintain a secure network D. Banks must have information security policyExplanation:
The Payment Card Industry Data Security Standards (PCI DSS) are there to make sure that companies dealing with payment cards for customers protect these customers by having a secure payment environment to prevent customer money being at risk.
First and foremost the companies should have a secure network for processing card payments and data which means no expense should be spared in maintaining this. Companies must also have an information security policy that employees must follow when dealing with customer information.
hich pricing strategy involves setting a high price for an exclusive, high-end product?
Answers
6. He is not a skilled worker. He
doesn't ............... much.
win
gain
earn
pay
afford
Answers
Answer:
earn .
He is not a skilled worker. He doesn't earn much.
Explanation:
He doesn't earn much.....
Which describes the qualifications for someone in Law Enforcement Services?
O Communication skills for interviewing citizens, and confidence in challenging criminal behaviour.
O Knowledge of medical procedures, and emergency room codes.
O Knowledge of architectural concepts and bulidng plans.
O High awareness of ocean practices for in water rescue
Answers
Answer: Communication skills for interviewing citizens, and confidence in challenging criminal behaviour.
Explanation:
A person working in law enforcement needs to be able to convince citizens that they are working in their best interest. They need to know how to communicate effectively with people so as to get information from them and build trust.
They should also be brave enough to confront crime when needed because their main purpose is to keep people safe.
Answer:
A
Explanation:
Cuz god. And i meant to not capitalize the G.
firms with clearly communicated, widely understood and collectively shared mission and vision have been shown:
Answers
Firms with clearly communicated, widely understood and collectively shared mission and vision have been shown to experience a multitude of benefits. Firstly, it helps to align employees and stakeholders towards a common goal, which improves productivity and efficiency.
Additionally, it can improve the firm's reputation and attract customers and investors who share similar values. This can also lead to higher levels of job satisfaction and employee engagement. Finally, having a clear mission and vision can help firms navigate through challenges and changes, as it provides a guiding framework for decision-making.
Overall, having a well-communicated and shared mission and vision is crucial for a firm's success and sustainability. A firm is a business association that looks to create a gain through the offer of labor and products. The term firm is inseparable from business or organization. Businesses can operate as sole proprietorships or corporations, among other structures.
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who do you think is gonna win this election/who are you voting for?
Answers
Answer:
please mark me Brainliest: i think joe Biden will win definitely
Explanation:
Determine whether the function below represents growth or decay and the rate.* A(t)=12( 5
8
) −2t
*This question is worth four points. In order to receive full credit, you must show your work or justify your answer. This function shows a decay rate of 60.94. This function shows a decay rate of 156. This function shows a growth rate of 60.94. This function shows a decay rate of 39.06. This function shows a growth rate of 156. This function shows a growth rate of 256. This function shows a growth rate of 39.06. This function shows a decay rate of 256. This function exhibits properties of both growth and decay. This function exhibits properties of neither growth nor decay.
Answers
To determine if a function represents growth or decay, we need to check if its base is greater than 1 or less than 1. If the base is greater than 1, the function represents growth and if the base is less than 1, the function represents decay.
The given function is A(t)=12(58)−2t. We need to determine whether the function represents growth or decay and the rate. To determine if a function represents growth or decay, we need to check if its base is greater than 1 or less than 1. If the base is greater than 1, the function represents growth and if the base is less than 1, the function represents decay. Here, the base of the function is 5/8 which is less than 1. Hence, the function represents decay. Now, we need to find the decay rate. Decay rate formula is given as: Decay rate = 100% - (base)100% = (1 - base)100%We have base = 5/8Decay rate = (1 - 5/8)100% = (3/8)100% = 37.5% = 0.375We can write 0.375 in fraction form as 37.5/100Thus, the decay rate of the given function is 37.5%.Hence, the correct option is "This function shows a decay rate of 37.5%".This function exhibits properties of decay.
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1. Goals of UAE organizations concerned with the Child Protection Law and the reasons for its inception
Answers
Answer:
The answer is below
Explanation:
The goals of UAE organizations concerned with the Child Protection Law and the reasons for its inception are the following:
1. No Poverty: as a result of poverty in some rural areas which is affecting children's development in UAE, the government has made it official to eradicate poverty in those areas.
2. Education for All: this is to ensure that children of age 6 to 18 or Grade 12, all have access to quality education, so as to boost literacy level in UAE
3. Social Support: this is to ensure those with the lowest income are able to cater to their children and afford a decent life.
The National Audit Department is an independent body entrusted to carry out auditing. Auditing carried out by the National Audit Department includes Financial Statement Auditing, Compliance Auditing and Performance Auditing. These three types of auditing need to be implemented taking into account the code of ethics of public sector auditors.
Officer A has been placed in the Financial Audit Sector who is responsible for performing two types of auditing, namely Financial Statement auditing and Compliance auditing. Officer A is a friendly and approachable person. His friendly nature makes him easy to make friends with anyone and is also liked by the audit team. The audit party is a Federal Statutory Body XYZ which has subsidiaries to manage hotel chains in Malaysia. Officer A always receives accommodation vouchers in the hotel chain of the Federal Statutory Body's subsidiary. Officer A will use the voucher to take the family on holiday. In addition, officer A will also receive special treatment at the hotel chain when he informs Auditi that he will be staying at their hotel chain. Special treatment includes free dinner for the first night of stay.
During the audit of the Financial Statements, officer A found that Federal Statutory Body XYZ did not comply with accounting standards which resulted in the financial assets of Federal Statutory Body XYZ being overstated. Officer A raised this matter during the meeting to discuss the findings of the Audit. Officer A has also included this matter in the issued Audit Certificate.
Answers
Officer A, responsible for Financial Statement and Compliance auditing at the National Audit Department, discovered non-compliance with accounting standards during the audit of Federal Statutory Body XYZ's Financial Statements.
Officer A's role in the Financial Audit Sector involves conducting Financial Statement and Compliance auditing. While Officer A's friendly and approachable nature helps establish rapport with the audit team, it is essential to uphold professional ethics and integrity in carrying out the audits. During the audit of Federal Statutory Body XYZ's Financial Statements, Officer A identified non-compliance with accounting standards, leading to an overstatement of financial assets.
In a responsible and ethical approach, Officer A raised this matter during the meeting to discuss the audit findings, ensuring transparency and accountability. By including this issue in the issued Audit Certificate, Officer A demonstrates a commitment to reporting accurate and reliable information. Despite personal benefits received, such as accommodation vouchers and special treatment at the hotel chain owned by the Federal Statutory Body's subsidiary, Officer A remains impartial and focuses on the audit's objective of ensuring compliance and accuracy in financial reporting.
By adhering to the code of ethics for public sector auditors, Officer A maintains professional integrity and contributes to the credibility of the audit process, ultimately serving the public interest and promoting good governance.
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n the accounting system of Apogee Company, the quantities counted by the receiving department and entered at a terminal are transmitted to the computer, which immediately transmits the amounts back to the terminal for display on the terminal screen. This display enables the operator to
Answers
Answer:
verify that the amount was entered accurately and correctly.
Explanation:
In the accounting system of Apogee Company, the quantities counted by the receiving department and entered at a terminal are transmitted to the computer, which immediately transmits the amounts back to the terminal for display on the terminal screen. This display enables the operator to verify that the amount was entered accurately. In order to avoid any error in the amount entered by accountants, cashiers or operators, it is a standard practice to look at the terminal screen to verify the amount entered is accurate and correct.
Contra entry is recorded in?
Answers
2. What are some banks, non-banks, technology and retail companies? Name 1 of each and explain what they are and what they do?
Answers
Banks are businesses that provide a range of financial services, such as mortgages, savings accounts, and loans. JPMorgan Chase, one of the biggest banks in the US, is an illustration of a bank. Financial services offered by JPMorgan Chase include banking, investing, and credit card services.
What are retail companies?Businesses that sell goods directly to customers are known as retail companies. Walmart, one of the biggest retailers in the world, is a good example of a retail business. Walmart runs a network of grocery stores, discount department stores, and hypermarkets and provides customers with a variety of goods and services.
Companies that provide financial services but lack a banking license are known as non-bank financial institutions. American Express, a provider of credit cards, debit cards, and other financial services, is one example of a non-bank financial institution.
Therefore, banks, non-banks, technology, and retail companies are stated above.
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I need some help will mark brainliest.
Answers
State the type of skewness for a frequency distribution whose three quartiles are 21, 18 and 20.
Answers
Answer:
Left skew
Explanation:
Given the quartiles of a distribution :
21, 18 and 20
Lower quartile, Q1 = 18
Median, Q2 = 20
Upper quartile, Q3 = 21
Representing the quartiles of the distribution as box plot, we can see that the median, Q2 is much closer to the third quartile, Q3, Than it is to the first quartile, Q1. Hence, we have a left skew or a negatively skewed distribution.
compute Cash Conversion Cycle for Competing Firms Halliburton and Schlumberger compete in the oil field services sector. Refer to the following 2018 financial data for the two companies to answer the requirement a. Compute the following measures for both companies. 1. AR Turnover and days sales outstanding (DSO) amounts to compute AR turnover. to compute DSO. 2. Inventory Turnover and days inventory outstanding (DIO) denominator amounts to compute inventory turnover to compute DIO. 3. AP Turnover and days payable outstanding (DPO) amounts to compute AP turnover. to compute DPO. 4. Cash conversion cycle (CCC)
Answers
Halliburton AR Turnover = $20,656 / (($12,840 + $11,690) / 2) = 1.55Days Sales Outstanding (DSO) = 365 / 1.55 = 236 days
Inventory Turnover = $4,258 / (($2,438 + $2,209) / 2) = 1.96Days Inventory Outstanding (DIO) = 365 / 1.96 = 186 days
AP Turnover = $5,469 / (($2,352 + $2,364) / 2) = 2.32Days
CCC = DSO + DIO - DPO = 187 + 213 - 124 = 276 days
Companies use the Cash Conversion Cycle to evaluate their ability to turn inventory into cash. The cycle shows how quickly a company may convert goods and services to cash. It measures how long a firm requires to purchase inventory, sell it, and collect cash from customers.
This cycle includes three different ratios that include inventory, accounts receivable, and accounts payable. It measures the time it takes for a company to turn cash into inventory and back into cash.
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A study obtains data on per capita alcohol consumption and skin cancer rates for every county in New Mexico. The correlation based on this county data is 0.63. True or False. This provides a fair estimate of the strength of the association between alcohol consumption and skin cancer. True False
Answers
A study obtains data on per capita alcohol consumption and skin cancer rates for every county in New Mexico. The correlation based on this county data is 0.63. False
In this case, the obtained correlation between per capita alcohol consumption and skin cancer rates for every county in New Mexico is 0.63. But it is not completely appropriate to conclude that this correlation provides a fair estimate of the strength of the association between alcohol consumption and skin cancer because the correlation coefficient only provides information on the strength and direction of the association between the two variables. It does not indicate the causation of the relationship.
Therefore, we can't establish the strength of the association between alcohol consumption and skin cancer just by observing the correlation coefficient. Hence, we can say that the correlation coefficient provides a fair estimate of the strength of the association between alcohol consumption and skin cancer is False. Therefore, the correct answer is False.
In a nutshell, we can't establish the strength of the association between alcohol consumption and skin cancer just by observing the correlation coefficient. So, the obtained correlation between per capita alcohol consumption and skin cancer rates for every county in New Mexico is 0.63, which does not provide a fair estimate of the strength of the association between alcohol consumption and skin cancer.
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