Give detailed accounts of the following financial crises:
The Japanese Banking Crisis of the 1990s
The Asian Crisis of the mid 1990s
The current global financial crisis.
You should include the causes of the crises, providing examples where necessary and citations of any relevant papers.
Answers
Japanese Banking Crisis 1990s
The banking and financial crises that happened during the 1990s in Japan was caused the collapse of the fabled economic bubble and the asset prices in the 1980s. The crises caused a prolonged recession in the country.However, the government used the various public policy to revive the financial industry and series of bad loans problem in the country.Asian Crisis 1990s
The Asian financial crisis was a global crisis which destabilized its Asian economy at the end of the 1990s. The main causes of the Asian crisis is the difficultly in borrowing of dollars to subsidize their domestic industries.Other causes that contributed to the crisis include collapse of the currency exchange rate.Read more about Banking Crisis
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Related Questions
A Virginia county is considering whether to pay $50,000 per year to lease a prisoner transfer facility in a prime location near Washington, D.C. They estimate it will cost $50 per prisoner to process the paperwork at this new location. The county is paid a $75 commission for each new prisoner they process. What would be the county's annual profit if they were to process 4,000 prisoners per year at this new location
Answers
Based on the information given the county's annual profit if they were to process 4,000 prisoners per year at this new location is $50,000.
Annual profit=Total revenue-Total cost
Where:
Total revenue=(4,000×$75)=$300,000
Total cost=[(4,000×$50)+$50,000]=$250,000
Let plug in the formula
Annual profit=(4,000×$75)-[(4,000×$50)+$50,000]
Annual profit=$300,000-($200,000+$50,000)
Annual profit=$300,000-$250,000
Annual profit=$50,000
Inconclusion the county's annual profit if they were to process 4,000 prisoners per year at this new location is $50,000.
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The amount that the shareholders have invested into the company is called: Multiple Choice Retained earnings. Accumulated other comprehensive income. Paid-in capital. Shareholders’ equity.
Answers
The change in technology and the globalization have brought new pattern of organizing
today's companies, and thus, the managers need to consider these new concepts in
organization's design process. With this statement, discuss the emerging issues in
organization design and architecture.
Answers
Following are the emerging issues in organization design and architecture:Technology and Globalization, Customer Relations,Technical Knowledge, Flexibility, Employee's Well-being.
Following are the emerging issues in organization design and architecture:
Technology and Globalization: The modern era's rapid technology and globalization have forced the organizations to adopt a new pattern of organizing. Managers are focusing more on technology and globalization and they are ensuring that the company can cope with the emerging challenges.Customer Relations: Customers are the major driving force in every business. To maintain the customer base, the managers need to focus on customer relations as the organization's design process should be centered around their needs. This will help the managers in creating a company that provides excellent customer service to its customers.Technical Knowledge: The success of an organization depends on the technical knowledge of its managers. Managers need to have knowledge about new and emerging technologies so that they can use them to enhance the organization's capabilities. In addition, managers need to know how to apply this technical knowledge to improve the organization's structure and operations.Flexibility: Flexibility is a crucial component in the organization's design process. The managers need to design the organization that is flexible enough to adapt to new changes and technologies. This will help the managers in keeping up with the rapidly changing business environment.Employee's Well-being: The well-being of employees is also a significant issue in the organization's design process. The managers need to design the organization in a way that the employees can work efficiently, and their personal needs are also met. This will help in improving the employee's productivity and motivation level and ensure their loyalty to the organization.For more such questions on Globalization
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Your firm is performing an analysis on a municipality's total debt. Of the following types of debt, which would be overlapping?
Answers
In the following question, When a municipality issues more than one type of bond or has outstanding bonds for different purposes, it is known as overlapping debt.
The overlapping debt is a type of debt that could arise from the following types of debt mentioned below:
General obligation bonds Revenue bonds Special tax bonds
Overlapping debt refers to the fact that two or more jurisdictions within a single geographical area issue municipal bonds, resulting in the total amount of debt for that area.
For example, if both a city and a school district issue bonds within a given area, this can lead to overlapping debt.
The main drawback of overlapping debt is that it raises the total debt load of an area, which can make it more difficult to obtain future financing or to maintain current bond ratings.
When calculating a municipality's total debt, overlapping debt must be taken into account since it can significantly increase the total amount of debt owed.
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Sunland company is considering buying a machine for $420000
Answers
If Sunland Company is considering buying a machine for $240,000 with an estimated life of ten years and no salvage value. The cash payback period on this investment is: c. 8 years.
How to find the Cash payback periodFirst step is to calculate the depreciation using this formula
Depreciation = Cost of assets - Salvage value / Useful life of assets
Depreciation = $240,000 - $0/10
Depreciation = $240,000/10
Depreciation =$24000
Second is to find the cash flow
Cash flow = Net income +Depreciation
Cash flow =$6000+ $24,000
Cash flow = $30,000
Third step is to find the cash payback period on this investment
Cash payback period = Cost of assets / Cash flow
Cash payback period =$240,000/$30,000
Cash payback period =8 years
Therefore the correct option is C.
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The complete question is:
Sunland Company is considering buying a machine for $240,000 with an estimated life of ten years and no salvage value. The straight-line method of depreciation will be used. The machine is expected to generate net income of $6,000 each year. The cash payback period on this investment is
a. 20 years
b. 10 years
c. 8 years
d. 4 years
which of the following is a collaboration of software
Answers
Answer:
I dont see anything
Explanation:
In your business plan, you note that investors can expect to gain 110 percent of their investment back after three years. The time frame here provides your:
Group of answer choices
turnover.
point-of-sale.
rate of return.
return on interest.
Answers
If in your business plan, you note that investors can expect to gain 110 percent of their investment back after three years. The time frame here provides your: C. rate of return.
What is rate of return?Rate of return can be defined as the gain or loss a person make on their investment and the rate of return is in a form of percentage.
In a situation where a person who invest his/her money into a business make a profit of 110% of the amount the person invested after two to three years this is called a rate of return.
Therefore the correct option is C.
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All of the following are examples of primary market research EXCEPT
Direct mail surveys
Fee product samples
Focus groups
Promotional email campaigns
Answers
Answer:
Fee product samples
Explanation:
makes pay
People who take a loan from a bank have the responsibility to:
A. spend all of their savings to pay off the loan as quickly as
possible.
B. pay the full amount of each monthly payment without being late.
C. use the same bank whenever they want to take out another loan.
D. never take out another loan until the first one is paid off.
Answers
Answer:
B
Explanation: Just answered it
People who take loan from a Bank have the responsibility to pay the full amount of each monthly payment. Hence, option B is correct.
Rules for Bank LoanThe Person who took loan from Bank has the responsibility to pay the due amount to the bank within the time limit given by the Bank. If a person failed to do so, he is charged with late fees and also it affects his future loan taking perspectives.
Hence, People who take loan from a Bank have the responsibility to pay the full amount of each monthly payment. Therefore, option B is correct.
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Apart from a job search, a also helps in job advancement.
Answers
Apart from a job search, a job portfolio also helps in job advancement.
What is a job portfolio ?A job portfolio is a collection of documents and materials that demonstrate your skills, achievements, and experiences in your field of work. It can include items such as your resume, letters of recommendation, examples of your work, certificates and awards, and other relevant documents.
Having a well-organized and comprehensive job portfolio can help you stand out from other candidates when applying for promotions or new job opportunities. It can provide evidence of your abilities and accomplishments, and demonstrate to potential employers that you are a qualified and capable professional. Additionally, a job portfolio can help you to keep track of your career progress and achievements, and provide a reference for your own personal and professional development.
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Insurance companies create a pool of funds to handle
Orisk
O gain
Oloss
O safety
10
Answers
Answer:
A) risk
Explanation:
An insurance company creates a pool of funds to handle risk. This helps to protect the company financially if there are more claims than expected.
Which function are local governments responsible for meeting?
ОА national security
OB. education
OC. space exploration
OD mail delivery
Answers
Answer:
the answer is edication
Answer:
OA. national security
Explanation:
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Goodwill:
is an intangible asset that is tested annually for impairment.
is an intangible asset that is always amortized.
appears as an expense on the income statement when a company buys an entire business unit.
ООО
can appear on the balance sheet either as an asset or a liability.
is the difference between the purchase price of a business and the book value of the net assets.
Answers
Answer:
is the difference between the purchase price of a business and the book value of the net assets.
Explanation:
Goodwill comes about when an individual or a firm wants to acquire another business as a going concern. The acquiring entity usually pays more than the book value of the firm it is purchasing. The difference between the purchasing rate and the net worth of a firm is the goodwill.
Goodwill is an intangible asset. It covers benefits like a good reputation, existing customer base, ideal location, and trained staff that the acquiring entity will inherit from the previous owner.
What is the principle of supply and demand?
Answers
Answer:
erm
Explanation:
The more supply, the less demand. The less supply, the more demand.
Answer:
This is a theory that says interaction between sellers of a resource and the buyers of that resource.
compare and contrast the relevance of establishing national and international partners as means of supporting education in a school pptx
Answers
Title: Establishing National and International Partners to Support Education in Schools
Slide 1:
Introduction
- Welcome to the presentation on the relevance of establishing national and international partners to support education in schools.
Slide 2:
Definition of National Partners
- National partners refer to organizations, institutions, or individuals within the same country as the school.
- These partners collaborate with schools to enhance educational opportunities and resources.
Slide 3:
Benefits of National Partnerships
- Close proximity allows for easier coordination and communication.
- National partners can provide funding, expertise, and resources tailored to local educational needs.
- Collaboration with national partners promotes a sense of community and national identity.
Slide 4:
Examples of National Partners
- Local businesses and corporations can offer financial support, mentorship programs, or internship opportunities for students.
- Non-profit organizations can provide after-school programs, educational materials, or specialized training for teachers.
Slide 5:
Definition of International Partners
- International partners are organizations, institutions, or individuals from different countries collaborating with schools.
- These partnerships enable cross-cultural exchanges and global learning experiences.
Slide 6:
Benefits of International Partnerships
- Exposure to diverse perspectives and cultures fosters global awareness and understanding.
- International partners can offer access to innovative teaching methods, best practices, and research findings.
- Collaboration with international partners enhances the school's reputation and expands educational horizons.
Slide 7:
Examples of International Partners
- Sister school programs facilitate cultural exchanges and joint projects between schools from different countries.
- International organizations, such as UNESCO or UNICEF, can provide funding, training, and resources for educational development.
Slide 8:
Comparison: National vs. International Partnerships
- National partnerships focus on addressing local educational needs and fostering a sense of national identity.
- International partnerships emphasize global awareness, cross-cultural exchanges, and access to international resources.
Slide 9:
Contrast: National vs. International Partnerships
- National partnerships benefit from close proximity, easier coordination, and tailored resources.
- International partnerships offer exposure to diverse perspectives, global learning experiences, and access to innovative practices.
Slide 10:
Conclusion
- Establishing both national and international partnerships is crucial for supporting education in schools.
- National partners contribute to local needs, while international partners offer global perspectives and resources.
- By collaborating with partners, schools can enhance the quality of education and provide students with diverse learning opportunities.
Slide 11:
Thank you!
- Any questions or discussions are welcomed.
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Prepare the journal entries to record the following transactions of Wildhorse Company's books under a perpetual inventory system. Clarify which are debit and which are credit.
(a) On March 2nd, Windsor Company sold $854,200 of merchandise to Wildhorse Company on account, terms 2/10, n/30. The cost of merchandise sold was $517800.
(b) On March 6th, Wildhorse Company returned $109800 of the merchandise purchased on March 2nd. The cost of the merchandise returned was $66800.
(c) On March 12th, Windsor Company received the balance due from Wildhorse Company.
Answers
a) Credit Inventory for $517,800
b) Debit Inventory for $66,800
c) Credit Accounts Receivable (or Trade Receivables) for the same amount
(a) The journal entry to record the sale of merchandise from Windsor Company to Wildhorse Company on March 2nd would be:
Debit Accounts Receivable (or Trade Receivables) for $854,200
Credit Sales Revenue for $854,200
Debit Cost of Goods Sold for $517,800
Credit Inventory for $517,800
The debit to Accounts Receivable represents the amount owed by Wildhorse Company for the merchandise purchased on account. The credit to Sales Revenue recognizes the revenue generated from the sale. The debit to Cost of Goods Sold recognizes the cost of the merchandise sold, and the credit to Inventory reduces the inventory balance as the goods are no longer in stock.
(b) The journal entry to record the return of merchandise by Wildhorse Company on March 6th would be:
Debit Sales Returns and Allowances for $109,800
Credit Accounts Receivable (or Trade Receivables) for $109,800
Debit Inventory for $66,800
Credit Cost of Goods Sold for $66,800
The debit to Sales Returns and Allowances reduces the revenue from the original sale. The credit to Accounts Receivable reduces the amount owed by Wildhorse Company for the returned merchandise. The debit to Inventory increases the inventory balance as the goods are returned to stock, and the credit to Cost of Goods Sold reduces the cost of the merchandise originally sold.
(c) The journal entry to record the payment received by Windsor Company on March 12th would be:
Debit Cash (or Bank) for the amount received from Wildhorse Company
Credit Accounts Receivable (or Trade Receivables) for the same amount
The debit to Cash represents the inflow of funds from the customer's payment. The credit to Accounts Receivable reduces the amount owed by Wildhorse Company, reflecting the settlement of the outstanding balance.
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An account is a record of increases and in a specific asset, liability, equity, revenue or expense.
Answers
An account is a record of every transaction, whether it increases or decreases the value of a specific asset, liability, equity, revenue, or expense.
What is an account?An Account is a systematic way to record all the necessary transactions relating to a specific asset, liability, equity, revenue, or expense.
An account contains all types of transactions, whether related to financial or non-financial.
Thus, an account records all types of transactions that will increase or decrease the value of the specific asset, liability, equity, revenue, and expense.
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Help ASAP Please! Accounting class! Lorge Corporation has collected the following information after its first year of sales. Sales were $1,575,000 on 105,000 units; selling expenses $250,000 (40% variable and 60% fixed); direct materials $606,100; direct labor $250,000; administrative expenses $270,000 (20% variable and 80% fixed); and manufacturing overhead $357,000 (70% variable and 30% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that unit sales will increase by 10% next year.
(See screenshots)
Answers
Answer:
Lorge Corporation
Contribution margin for the current year
= $315,000 ($3 per unit)
Contribution margin for the proposed year = $346,500
Fixed costs for the current year = $473,100
Break-even units = 157,700 units
Break-even sales dollars = $2,365,500
Explanation:
a) Data and Calculations:
Sales revenue = $1,575,000
Sales units = 105,000 units
Sales price per unit = $15 ($1,575,000/105,000)
Total Variable Fixed
Selling expenses = $250,000 $100,000 (40%) $150,000 (60%)
Direct materials $606,100 606,100
Direct labor $250,000 250,000
Administrative expenses $270,000 54,000 (20%) 216,000 (80%)
Manufacturing overhead $357,000 249,900 (70%) 107,100 (30%)
Total costs $1,733,100 $1,260,000 $473,100
Contribution margin for the current year = $315,000 ($1,575,000 - $1,260,000)
= $3 per unit
Unit sales = 115,500 (105,000 * 1.1)
Sales revenue = $1,732,500
Variable costs 1,386,000 ($15 - $3)
Contribution margin for the proposed year = $346,500 ($3 * 115,500)
Fixed costs for the current year = $473,100
Break-even units = $473,100/$3 = 157,700 units
Break-even sales dollars = $473,100/0.2 = $2,365,500
which of the following is not a feature of the separate entity concept?.A.Business and owner are treated as separate entities.B.personal affairs of the owner should not be considered.C.Business should not be dissolved in the near future.D.This concept is followed in all types of business.
Answers
The separate entity concept does not include the qualification that "business should not be dissolved in the near future."
What is the separate business entity?A legal principle known as the separate business entity concept treats a company as a unique and independent entity from its owner (s). According to this idea, the company has a distinct legal identity from its owner (s). The company can now sign contracts, file lawsuits or defend them, own property, and take part in other legal actions under its own name. Furthermore, decisions regarding the business shouldn't be based on the owner(s)' private affairs. A crucial idea in business law, the separate entity concept aids in establishing stability and predictability in business relationships and transactions. It is a widely accepted rule that businesses of all stripes, including corporations, limited liability companies, and partnerships, abide by.
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briefly explain the tradr barriers that the local company might face when entering the neighboring country
Answers
Answer:
In these cases, a firm might enter into a strategic alliance with a local company or even with the government itself. A strategic alliance is an agreement between two companies (or a company and a nation) to pool resources in order to achieve business goals that benefit both partners. Barriers to entry in financial services markets include licensure laws, capital requirements, access to financing, regulatory compliance and security concerns. Although the amount of trade barriers have diminished due to free-trade agreements and other similar measures, the everyday differences in the laws of foreign countries can influence the profits and overall success of a company doing business transactions abroad.
Does this work if so....can i have brainliest when possible!!
Analyzing account balances for a company using the allowance method of accounting for uncollectible accounts The following account balances come from the records of Ourso Company: Accounts Receivable Allowance for Doubtful Accounts Beginning Balance $2,800 280 Ending Balance $3,600 350 During the accounting period, Ourso recorded $14,000 of sales revenue on account. The company also wrote off a $150 account receivable. Required a. Determine the amount of cash collected from receivables. b. Determine the amount of uncollectible accounts expense recognized during the period.
Answers
Answer:Analyzing account balances for a company using the allowance method of accounting for uncollectible accounts The following account balances come from the records of Ourso Company: Accounts Receivable Allowance for Doubtful Accounts Beginning Balance $2,800 280 Ending Balance $3,600 350 During the accounting period, Ourso recorded $14,000 of sales revenue on account. The company also wrote off a $150 account receivable. Required a. Determine the amount of cash collected from receivables. b. Determine the amount of uncollectible accounts expense recognized during the period.
Explanation: opo matic anging radiation
The amount you pay each time you visit a health care provider or have a prescription filled is called a
Answers
The amount that a person pays when they visit health care providers or have their prescription filled is a Copayment.
What is a copayment?A copayment refers to the amount that people pay to their healthcare providers out of their pocket when they go to get services such as having their prescriptions filled.
Copayments are usually fixed amounts that depend on the kind of care you receive from your healthcare provider.
In conclusion, that amount that is paid by a person when they visit a health care provider or go to fill up their prescription is a Copayment.
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What other reasons do we have for sampling method?
Answers
Reduce time, It takes time to reach out to everyone in a population is other reasons for sampling method
What does the method of sampling serve as?To be representative so that researchers can draw conclusions about the wider community, sampling method aims to mimic a larger population on qualities relevant to the study subject.Cost savings: Obtaining data for a chosen subset of a population is clearly less expensive than doing it for the complete population. Furthermore, data obtained from a properly chosen sample provides a very accurate representation of the entire population.This is so that researchers may utilise sampling toReduce time. It takes time to reach out to everyone in a population. The cost of a study is directly correlated with the number of persons a researcher contacts.... Collect Richer Data.... Academic Research.... Market Research.... Public Polling.... User Testing.To learn more about sampling method refer to:
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The expected cash collections for February are computed as follows: Group of answer choices $ 300,960 $ 433,200 $ 734,160 $ 722,000
Answers
According to the question, the expected cash collections for February are $722,000.
What is cash collections?Cash collections is a process of collecting payments from customers. It involves collecting payments by cash, check, or credit card. It is important to have a well-defined cash collection process in order to ensure timely payments and maintain good relationships with customers. The process should start with clearly communicating payment terms to customers, such as due dates, acceptable payment methods, and late fees. It should also include tracking payments, such as creating invoices, sending payment reminders, and following up on delinquent payments. Finally, it should include depositing payments in a timely manner and ensuring the accuracy of the cash collections process. Cash collections is an important part of any business and should be followed carefully to maintain successful relationships with customers.
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Which of the following alternatives to specialization would require continually adding new tasks and challenges as part of the job design?
a. Job enlargement
b. Job specialization
c. Job rotation
d. Horizontal job loading
e. Job enrichment
Answers
(Is the correct answer.)
Describe how sales and consumer-related legislation and regulations affect the delivery of customer service
Answers
Health and safety legislation affects customer service delivery as it requires staff in an organization to ensure the safety of themselves and others, and act responsibly.
There are many perspectives like Changes to tax regulations and rates can have a significant impact on a business. For example, a fall in the rate of corporation tax reduces the amount of tax that corporations have to pay on their profits.
Customer service staff who deal with customers should know about the impacts and effects of legislation and regulations that protect the consumer when buying goods and services.
Governments issue regulations related to environmental practices, employee practices, advertising practices, and much more.
Government regulations affect how companies structure their businesses, where companies decide to locate, how they classify their employees and thousands of other things.
Environmental regulations, intended to protect human health and the environment, generally result in higher production costs and lower productivity in firms, which can lead them to shift investment and production to less stringent locations.
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design an approach that your team would recommend for Joseph and Nicholas to cover one area each that you deem necessary to aid in the planning and controlling functions
Answers
The combines strategic planning, performance measurement, effective communication, and continuous improvement to support Joseph and Nicholas in their planning and controlling functions. It ensures a well-defined direction, data-driven decision-making, collaboration, and a focus on growth and adaptability.
In order to aid in the planning and controlling functions, the following approach can be recommended to Joseph and Nicholas:
1. Establish Clear Objectives and Goals: The first step in planning is to establish clear objectives and goals for the team. It is important to have a clear understanding of what needs to be accomplished and what the team's priorities are.
2. Assign Responsibilities: Assigning specific responsibilities to team members helps to ensure that everyone is working towards a common goal. Joseph and Nicholas should each be assigned to cover one area that is necessary for planning and controlling functions. This will help to ensure that all aspects of the project are covered and that there is no overlap or duplication of efforts.
3. Develop a Schedule: Developing a schedule that outlines the key milestones and deadlines for the project is essential to effective planning and control. This will help to ensure that the project stays on track and that deadlines are met.
4. Monitor Progress: Regularly monitoring progress against the schedule and objectives is necessary to ensure that the project is progressing as planned. This will help to identify any issues or problems that arise and allow for corrective action to be taken.
5. Communicate: Effective communication is critical to the success of any project. Joseph and Nicholas should establish a regular communication schedule to ensure that everyone is up-to-date on the project's progress, any issues or problems that arise, and any changes to the schedule or objectives.
6. Make Adjustments: Finally, it is important to be flexible and make adjustments as needed. If the project is not progressing as planned, adjustments may be necessary to the schedule or objectives to ensure that the project stays on track and that goals are met.
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Evaluate Starbucks strategy of organic growth in China rather than integrating with a chain of Chinese cafés. Explain your answer
Answers
Starbuck's strategy of organic growth in China rather than integrating with a chain of Chinese cafés was in accordance to the broad Chinese customer target categorization, Starbucks' business strategy in China was centered on personalization.
What is Organic growth?Organic growth is when a business expands by boosting internal sales and production. This excludes revenues or growth related to merging and collection but instead focuses on a rise in sales with expansions using the company's own capabilities.
Starbucks developed thorough customer taste profile assessments that allow them to be flexible enough to adapt to the marketplace and develop appealing East crosses West product offerings.
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Explain the meaning of environmental scanning. Illustrate with examples the
relevance of technological, political, economic, social, and regulatory environments
in the context of marketing strategy. How managers are involved in environmental
scanning?
Answers
Environmental scanning refers to the process of gathering and analyzing information about the external factors that can impact an organization's business environment.
Technological factors include advancements in technology, such as the rise of e-commerce, mobile applications, or automation, which can create new marketing channels or change consumer behaviors.
Political factors encompass government policies, regulations, and political stability that can impact marketing strategies. For example, changes in trade policies or regulations related to data privacy can influence international marketing activities.
Economic factors include economic conditions, such as inflation rates, exchange rates, or consumer purchasing power, which can affect consumer behavior and demand for products or services.
Social factors refer to societal trends, cultural norms, and consumer preferences that can influence marketing strategies. For instance, shifts in consumer values towards sustainability or increased focus on health and wellness can shape product development and advertising campaigns.
Regulatory factors involve laws and regulations that organizations must comply with, such as consumer protection laws or industry-specific regulations. These can impact marketing activities, advertising content, or product labeling.
Managers play a crucial role in environmental scanning. They are responsible for monitoring and analyzing the external environment, identifying relevant trends and potential opportunities, and making informed decisions based on the insights gained.
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He's a cat in boots and he don't wear socks but he does his little business in a litter box yes his little business in a litterrrr boxxxxx his business that I will not dicuss (might not know where this is from )
Answers
Answer:
what the heck is this?? lol
Explanation: