To improve a company's value chain, its value chain management team identifies each part of its production process and where improvements can be made. These improvements can either reduce costs or improve production capacity.
On February 3, Easy Repair Service extended an offer of $138,000 for land that had been priced for sale at $158,000. On February 28, Easy Repair Service accepted the seller's counteroffer of $150,000. On October 23, the land was assessed at a value of $225,000 for property tax purposes. On January 15 of the next year, Easy Repair Service was offered $240,000 for the land by a national retail chain. At what value should the land be recorded in Easy Repair Service's records?
The value that the land should be recorded at in Easy Repair Service's records as a result of the land being priced for sale and being assessed for tax purposes, is the original cost of $150, 000.
What should the land be recorded at?When it comes to recording the value of land, the Cost concept principle applies which is that the land should be recorded at the original cost. This is because land is a fixed asset that does not lose value and might instead increase in value. To avoid confusion, land is then recorded at its original cost.
This original cost is the price that a company or individual acquired the land from the previous owner. In this case, Easy Repair Service accepted a seller offer of $150, 000. This is therefore the value of the land and what the land should be recorded at in Easy Repair Service's records.
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Joseph and Krystal are part of your social group. They joined Missile’s Financial Services together as middle managers. Each one, reports to a different senior manager. These senior managers report to the Managing Director. Once a month after payday, Joseph, Krystal and other members of the social group all try to have lunch together.
Joseph is very distressed. ‘I’ve had an awful week and this morning was the worst!’ He recounts what happen between himself and Nicholas, his manager.
‘Nicholas and I were to meet with a new supplier to finalize a contract. I have been dealing with the supplier all this time, over two and a half months and we just needed to finalize the costing. We had reached an agreement about the cost that both of us were comfortable with. For the past two weeks, I have been trying to get Nicholas to look at the contract and agree the figures etc. We really need this guy’s company. They are fast and have a great reputation for products and services. The price is good and they are willing to customize the stationary, with no additional cost to us. Anyway, Nicholas was always too busy to meet. I emailed him the contract and my teams thoughts on how we should proceed hoping he would read it.’ My team consists of the Accounts/Finance Manager, Inventory Manger, Legal, Research & Development, Public Relations Manager and I, and we meet at different times and days, whether collectively or selectively.
‘Anyway we, Nicholas and I, met with the supplier this morning. We are going through the contract, the next thing I know Nicholas says, ‘This won’t work for us. The cost is too high. Where did these calculations come from?’ ‘If the floor had opened up and swallowed me I could have not been more embarrassed. I mean I spent three weeks, working on it with the team Accounting, PR and Legal! Joseph shaking his head continued, ‘he just took over the conversation. I mean we got the contract signed but in the end all that happened was that the figures were rearranged we still end up paying the same.’ ‘I am tired of this foolishness. He stays locked in his office on his cell every day. Only God knows what he does in there.’
1. Do you believe that Nicholas is an unethical manager? Justify your response by choosing one of the ethical decision making concepts outlined in unit 2 to argue/support your writing.
2. From the chosen ethical decision making concept selected by you in question 1, show its relationship to any one of the variables in an analytical tool, outlined in unit 1, read.
1. Based on the information provided, it is not possible to ascertain whether Nicholas is an unethical manager. However, Joseph’s account of the situation raises some red flags about Nicholas’ behavior.
2. The chosen ethical decision-making concept is fairness, which is one of the key ethical principles in business.
1. Based on the information provided, it is not possible to ascertain whether Nicholas is an unethical manager. However, Joseph’s account of the situation raises some red flags about Nicholas’ behavior. It appears that Nicholas did not take the time to review the contract or the team’s thoughts, but still took over the conversation with the supplier and changed the figures. This behavior could be seen as a violation of the ethical principle of fairness, which involves treating others in a reasonable, equitable, and impartial way. Nicholas’ actions suggest that he did not give due consideration to the team’s input or their efforts to finalize the contract, which could affect their working relationship and trust in him as their manager.
2. The chosen ethical decision-making concept is fairness, which is one of the key ethical principles in business. Fairness is based on the idea of treating all stakeholders equitably and impartially, taking into account their needs, interests, and perspectives. In this case study, Nicholas’ actions appear to violate the principle of fairness by disregarding the efforts of Joseph and his team to finalize the contract, and making unilateral changes without adequate review or discussion.
To analyze this situation using an analytical tool, we can use the Stakeholder Mapping tool, which helps to identify and categorize stakeholders based on their level of interest and power. In this tool, stakeholders are divided into four categories: High power/high interest, High power/low interest, Low power/high interest, and Low power/low interest. In this case, Joseph and his team are the stakeholders with high power and high interest in the situation, as they are responsible for finalizing the contract.
Using the Stakeholder Mapping tool, we can see that Nicholas’ actions have the potential to undermine the trust and collaboration of high power/high-interest stakeholders, who are critical to the success of the project. Specifically, his actions may cause frustration, resentment, and loss of confidence in his management ability. This could result in a breakdown of communication and cooperation, which would ultimately affect the team’s performance and the overall success of the project. Therefore, it is important for Nicholas to consider the perspectives and input of all stakeholders, including those with high power and high interest, when making decisions that affect them. By doing so, he can ensure that his decisions are ethical, fair, and aligned with the needs of all stakeholders.
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Based on the information in the case, LeasePlan implemented changes to mitigate which diversity barrier?
Lease Plan implemented changes to mitigate an unspecified diversity barrier, aiming to foster a more inclusive and diverse workplace environment.
Based on the limited information provided in the case, it is not possible to definitively determine the specific diversity barrier that LeasePlan implemented changes to mitigate.
However, LeasePlan's implementation of changes suggests a proactive approach toward fostering diversity and inclusion within the organization.
LeasePlan may have implemented measures to address barriers such as gender inequality, racial or ethnic bias, age discrimination, or other forms of systemic barriers that impede equal opportunities for diverse individuals.
Possible initiatives could include implementing inclusive hiring practices, establishing diversity training programs, creating employee resource groups, promoting diversity in leadership positions, or enhancing workplace policies to ensure fair treatment and equal opportunities for all employees.
To provide a more accurate and comprehensive answer, additional details about the specific changes implemented by LeasePlan and the context of the diversity barriers would be necessary.
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A misconception is a misunderstanding.
O True
False
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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Andretti Company has a single product called a Dak. The company normally produces and sells 81,000 Daks each year at a selling price of $58 per unit. The company’s unit costs at this level of activity are given below:
Direct materials $ 8.50
Direct labor 10.00
Variable manufacturing overhead 2.40
Fixed manufacturing overhead 10.00 ($810,000 total)
Variable selling expenses 4.70
Fixed selling expenses 3.00 ($243,000 total)
Total cost per unit $ 38.60
A number of questions relating to the production and sale of Daks follow. Each question is independent.
Required:
1-a. Assume that Andretti Company has sufficient capacity to produce 105,300 Daks each year without any increase in fixed manufacturing overhead costs. The company could increase its unit sales by 30% above the present 81,000 units each year if it were willing to increase the fixed selling expenses by $130,000. What is the financial advantage (disadvantage) of investing an additional $130,000 in fixed selling expenses?
1-b. Would the additional investment be justified?
2. Assume again that Andretti Company has sufficient capacity to produce 105,300 Daks each year. A customer in a foreign market wants to purchase 24,300 Daks. If Andretti accepts this order it would have to pay import duties on the Daks of $1.70 per unit and an additional $12,150 for permits and licenses. The only selling costs that would be associated with the order would be $2.00 per unit shipping cost. What is the break-even price per unit on this order?
3. The company has 700 Daks on hand that have some irregularities and are therefore considered to be "seconds." Due to the irregularities, it will be impossible to sell these units at the normal price through regular distribution channels. What is the unit cost figure that is relevant for setting a minimum selling price?
4. Due to a strike in its supplier’s plant, Andretti Company is unable to purchase more material for the production of Daks. The strike is expected to last for two months. Andretti Company has enough material on hand to operate at 25% of normal levels for the two-month period. As an alternative, Andretti could close its plant down entirely for the two months. If the plant were closed, fixed manufacturing overhead costs would continue at 35% of their normal level during the two-month period and the fixed selling expenses would be reduced by 20% during the two-month period.
a. How much total contribution margin will Andretti forgo if it closes the plant for two months?
b. How much total fixed cost will the company avoid if it closes the plant for two months?
c. What is the financial advantage (disadvantage) of closing the plant for the two-month period?
d. Should Andretti close the plant for two months?
5. An outside manufacturer has offered to produce 81,000 Daks and ship them directly to Andretti’s customers. If Andretti Company accepts this offer, the facilities that it uses to produce Daks would be idle; however, fixed manufacturing overhead costs would be reduced by 30%. Because the outside manufacturer would pay for all shipping costs, the variable selling expenses would be only two-thirds of their present amount. What is Andretti’s avoidable cost per unit that it should compare to the price quoted by the outside manufacturer?
If there is a 30% boost in Andretti Company's sales, an extra $188,400 in income will be produced.
On the other hand, there will be an extra $130,000 charge for fixed selling expenditures.
As a result, the organization will witness a boost of $58,400 in its overall profits.
Would this be a sound financial decision?Making an extra investment of $130,000 would be a sound decision as it would lead to an elevation of $58,400 in the net income.
Here is a more detailed explanation of the calculations:
The company's total variable expenses would increase from $3,839,000 to $4,511,100.
The company's total fixed expenses would increase from $1,053,000 to $1,183,000.
The company's net income would increase from $795,000 to $853,400.
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In 25 words or fewer, explain how changes in the number of undocumented workers since 1995 affects HR management.
Today's HR departments—at least the forward-thinking ones—spend their energy managing employee engagement and bolstering culture rather than concentrating on people management and administrative responsibilities.
What is HR management?
In order to effectively and efficiently manage people in a company or organisation and provide it a competitive edge, it is known as Human Resource management (HRM or HR). In support of a company's strategic goals, it is made to optimise staff performance. The primary focus of Human Resource management, which also emphasises systems and policies, is the management of individuals inside businesses. The management of pay and benefit systems, as well as employee recruiting, training, and development, falls within the purview of HR departments, which are also in charge of regulating these areas. Organizational transformation and labour relations, or the balancing of organisational practises with obligations emerging from collective bargaining and governmental regulations, are other issues that HR is concerned with.
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In 25 words or fewer, explain how changes in the number of undocumented workers since 1995 affects HR management.
what are some ways the financial crisis in 2008 could've been avoided
The financial crisis in 2008 could've been avoided in some ways by Regulating the housing market, Proper regulation banks and financial institutions, Introduction of better accounting standards, Encouraging greater transparency, and Regulating credit rating agencies.
The global financial crisis of 2008 was a significant economic event that had a far-reaching impact on the worldwide economy. The crisis resulted in the collapse of numerous leading financial institutions, which led to unprecedented losses in the stock market, a decline in economic growth, and high levels of unemployment. It is commonly believed that the crisis could have been avoided if appropriate measures had been taken at the right time.
Here are some ways the financial crisis in 2008 could have been avoided:
1. Regulating the housing market: The financial crisis of 2008 originated from the housing market collapse. Banks and financial institutions had given loans to people who could not afford them, and when the housing bubble burst, a massive number of mortgages went into default. If the government had regulated the housing market more effectively, the financial institutions would not have been able to give out loans to risky borrowers, and the housing market would not have collapsed.
2. Proper regulation of banks and financial institutions: If banks and financial institutions were regulated more effectively, they would not have been able to engage in risky financial practices that led to the crisis. Regulators would have spotted the risky activities early on and would have been able to take corrective action before it was too late.
3. Introduction of better accounting standards: During the financial crisis of 2008, banks and financial institutions engaged in creative accounting practices to hide their losses. This deception made it difficult to ascertain the real situation of the banks and financial institutions, leading to a lack of confidence in the market. If better accounting standards had been introduced, this could have been avoided.
4. Encouraging greater transparency: The financial crisis of 2008 was partly caused by a lack of transparency in the market. If regulators had encouraged greater transparency, there would have been more information available to investors, which could have led to greater confidence in the market.
5. Regulating credit rating agencies: Credit rating agencies played a significant role in the financial crisis of 2008. They gave high ratings to toxic financial products, which misled investors and led to the collapse of the market. If credit rating agencies were regulated more effectively, they would not have been able to give high ratings to risky products, and the market would have been more stable.
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Which types of overhead allocation methods result in the use of more than one overhead rate during the same time period
Answer:
Departmental overhead rate method and activity based costing.
Explanation:
overhead allocation methods could include method such as direct , sequential, methods. It is used in the allocation of overhead costs as far as unit of production is concerned.
overhead allocation methods are used to know the expense rate at each segment of the production process.
Activity based costing is another method under overhead allocation methods
used to know the activities going in the company , and allow the allocation of these activities to the production output.
Sandra’s Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system.
Date Transactions Units Unit Cost Total Cost
October 1 Beginning inventory 6 $ 790 $ 4,740
October 4 Sale 4
October 10 Purchase 5 800 4,000
October 13 Sale 3
October 20 Purchase 4 810 3,240
October 28 Sale 7
October 30 Purchase 8 820 6,560
$ 18,540
3. Using LIFO, calculate ending inventory and cost of goods sold at October 31
The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.
The LIFO method (last-in, first-out) of inventory valuation requires that the most recent purchases of inventory be used first in the cost of products sold and ending inventory calculations. The ending inventory and cost of products sold at the end of October will be calculated using the LIFO method, based on the data given in the table.Based on the data given, the total units sold is 14, and the total units purchased is 17. Here's how to calculate the ending inventory and cost of products sold using the LIFO method:Step 1: The last purchase of 8 units at a cost of $820 each on October 30 is deducted from the inventory count, leaving 9 units.Step 2: The previous purchase of 4 units at a cost of $810 each on October 20 is deducted from the inventory count, leaving 5 units.Step 3: The next purchase of 5 units at a cost of $800 each on October 10 is deducted from the inventory count, leaving 0 units.Step 4: Based on the LIFO method, the cost of the ending inventory is the sum of the cost of the oldest units remaining in stock, which is 4 units at a cost of $790 each on October 1, totaling $3,160.Step 5: Based on the LIFO method, the cost of goods sold (COGS) is calculated by adding the total cost of units sold, which is 14 units at a cost of $820 each on October 30, 4 units at a cost of $810 each on October 20, and 5 units at a cost of $800 each on October 10, totaling $17,260.Therefore, the cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.For more questions on cost of goods sold (COGS)
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After choosing a shape to create, what instructions should you follow next?
left mouse click, hold down, and drag
double-click at the end of the document
right mouse click and select the area to fill
triple-click at the beginning of the document
After choosing a shape to create, The instructions that you should follow next is: A. left mouse click, hold down, and drag.
How to create a shape?Your can create a shape of your choice using photoshop in which you have to follow the necessary step to successful create the shape you intend to create.
After choosing the shape you want to create the next step of action is for you to left click on you mouse and the hold it down and drag, this process will enable you to create the shape successful.
Therefore the correct option is A.
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Which of the following is considered the process in the systems thinking example of a decision support system?
a. transaction
b. processing system.
c. optimization
d. forecasts
Answer: C. Optimization
Explanation:
In the decision making system, TPS is considered to be the input in the systems thinking example.
In the decision making system, optimization is considered to be the process in the systems thinking example.
In the decision making system, TPS is considered to be the input in the systems thinking example.
In the decision making system, a forecast is considered to be the output in the systems thinking example.
Taxes are cut by 10% for all income levels. What type of policy is being conducted
When taxes are cut, the type of policy that is being conducted is a expansionary fiscal policy.
What is a expansionary fiscal policy?
Fiscal policies are policies enacted by the government to control the money supply in the economy. Fiscal policy can either be contractionary or expansionary.
Expansionary fiscal policy is when the government increases the supply of money in the economy. This can be done either by reducing the taxes or increasing their level of spending.
Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing their spending or increasing taxes.
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What was the ratio of per capita income in each of the following countries to that in the United States in the year 2010:
a. Ethiopia
b. Mexico
c. India
d. Japan
Answer:
For Countries (per capita) United States of America (per capita)
Ethiopia:
$380 $48,468
Mexico:
$9,271 $48,468
India:
$1,358 $48,468
Japan:
$44,508 $48,468
Explanation:
Ratio per Capita also known as Gross Domestic Product per Capita (GDP Capita) is the monetary measure of the market value of all the final goods and services produced in a specific time period within the country in view. It is useful for comparing national economies of different countries on the international market.
A company had issued 10,000 bonds which had a par value of $50 and currently sold at $60. The company is expected to pay 10% interest for the next 5 years. In addition to this the preferred stock of the company is issued at $150 which a promised dividend of 8 per share. The common stock holders will receive $2 per share and this will grow T 8% for the first 3 years, 6% for the other 3 years and it will grow at 5% for indefinite period. Assume the tax rate is 35%. The capital structure of the company is composed of 600,000 common stock, 200,000 preferred stock and 100,000 is debt.
A) Find the cost of capital for each sources A) Find the weighted average cost of capital
To calculate the cost of capital for each source, we'll consider the cost of debt, cost of preferred stock, and cost of common stock.
1. Cost of Debt:
The cost of debt is the interest rate the company pays on its debt. In this case, the company has issued bonds with a par value of $50, currently selling at $60, and a coupon rate of 10% for 5 years.
Cost of Debt = (Interest Expense / (Bonds Market Value - Bond Discount)) * (1 - Tax Rate)
Interest Expense = Bonds Market Value * Coupon Rate
Bonds Market Value = Number of Bonds * Bond Selling Price
Number of Bonds = 10,000
Bond Selling Price = $60
Coupon Rate = 10%
Tax Rate = 35%
Interest Expense = $60 * 10,000 * 10% = $60,000
Bonds Market Value = 10,000 * $60 = $600,000
Bond Discount = Par Value - Bond Selling Price = $50 - $60 = -$10 (Negative value because the bond is selling at a premium)
Cost of Debt = ($60,000 / ($600,000 - (-$10))) * (1 - 0.35) = $6,000 / $600,010 * 0.65 = 0.064997 (approximately 6.50%)
2. Cost of Preferred Stock:
The cost of preferred stock is the dividend rate the company pays on its preferred stock. In this case, the preferred stock is issued at $150 with a promised dividend of $8 per share.
Cost of Preferred Stock = Dividend / Preferred Stock Price
Dividend = $8
Preferred Stock Price = $150
Cost of Preferred Stock = $8 / $150 = 0.053333 (approximately 5.33%)
3. Cost of Common Stock:
The cost of common stock is calculated using the dividend growth model. The dividend is expected to grow at different rates for different periods.
First 3 years: Dividend Growth Rate = 8%
Next 3 years: Dividend Growth Rate = 6%
Indefinite period: Dividend Growth Rate = 5%
Cost of Common Stock = Dividend / Current Stock Price + Growth Rate
Dividend = $2
Current Stock Price = Market Price
Growth Rate = Dividend Growth Rate
Cost of Common Stock = $2 / Market Price + Growth Rate
Weighted Average Cost of Capital (WACC):
The weighted average cost of capital is the weighted average of the costs of each source of capital, considering their respective proportions in the capital structure.
WACC = (Weight of Debt * Cost of Debt) + (Weight of Preferred Stock * Cost of Preferred Stock) + (Weight of Common Stock * Cost of Common Stock)
Weight of Debt = Debt / Total Capital
Weight of Preferred Stock = Preferred Stock / Total Capital
Weight of Common Stock = Common Stock / Total Capital
Debt = $100,000
Preferred Stock = $200,000
Common Stock = $600,000
Total Capital = Debt + Preferred Stock + Common Stock = $100,000 + $200,000 + $600,000 = $900,000
Weight of Debt = $100,000 / $900,000 = 0.111111 (approximately 11.11%)
Weight of Preferred Stock = $200,000 / $900,000 = 0.222222 (approximately 22.22%)
Weight of Common Stock = $600,000 / $900,000 = 0.666667 (approximately 66.67%)
WACC = (0.111111 * 6.50%) + (0.222222 * 5.
The cost of capital for each source can be calculated by determining the cost of debt, cost of preferred stock, and cost of common equity. The cost of debt is 8.33%, the cost of preferred stock is 5.33%, and the cost of common equity is 14.77%.
To find the cost of capital for each source, we will calculate the cost of debt, cost of preferred stock, and cost of common equity.
The cost of debt can be calculated using the formula: Cost of Debt = (Annual Interest Payment / Bond Price) x 100%. In this case, the bond price is $60 and the annual interest payment is 10% of the bond's par value of $50, so the cost of debt is (0.10 * $50 / $60) x 100% = 8.33%.
The cost of preferred stock can be calculated using the formula: Cost of Preferred Stock = Dividend / Stock Price. In this case, the dividend is $8 per share and the stock price is $150, so the cost of preferred stock is $8 / $150 = 5.33%.
The cost of common equity can be calculated using the Dividend Discount Model (DDM) formula: Cost of Common Equity = Dividend / Current Stock Price + Growth Rate. The growth rate for the first 3 years is 8%, for the following 3 years is 6%, and for an indefinite period is 5%. The dividend for common stock is $2 per share. The current stock price can be calculated using the market value of the common stock ($2 * 600,000 = $1,200,000) divided by the number of shares (600,000), which equals $2 per share. The cost of common equity is $2 / $2 + 0.08 + 0.06 + 0.05 = 14.77%.
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The top salary you can make.
A) Career
B) Productivity
C) Earning potential
D) Human capital
Answer:
earning potential
Explanation:
Earning potential refers to the potential gains from dividend payments and capital appreciation shareholders might earn from holding a stock. In other words, it reflects the largest possible profit that a corporation can make
explain the changing nature of public administration
The nature of public administration has undergone significant changes over the years. Traditional public administration was characterized by hierarchical structures.
However, with the increasing complexity of modern society, new challenges have emerged that require a more flexible and responsive approach to public administration.
One of the key changes in public administration has been the shift towards more participatory and collaborative approaches. This has been driven by a growing recognition of the importance of engaging citizens and stakeholders in decision-making processes, and the need to build trust and legitimacy in government institutions.
Another important change has been the adoption of technology in public administration. From e-government initiatives to data-driven decision-making, technology has transformed the way that government organizations operate and interact with citizens.
At the same time, there has been a growing emphasis on performance management and accountability in public administration. This has involved the development of performance metrics, the use of benchmarking and evaluation, and a focus on outcomes rather than inputs.
Overall, the changing nature of public administration reflects the broader shifts in society towards greater complexity, interdependence, and accountability. While there are still many challenges to be addressed, the evolution of public administration offers hope for more effective and responsive governance in the years to come.
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100,000. Annual household income Phil’s 2022 income places him at 400% of the federal poverty level. What would be expected contribution for healthcare premium tax credit
The expected contribution for the healthcare premium tax credit for Phil based on the given information, cannot be determined.
What is the premium healthcare tax credit ?The amount of the premium tax credit that an individual or household is eligible for is based on several factors, including the cost of the insurance plan, the household's income, the number of people in the household, and the age of the people in the household. In order to determine Phil's expected contribution, you would need to know these and other factors.
To receive a premium tax credit, an individual or household must enroll in a health insurance plan through the Health Insurance Marketplace and must have an income between 100% and 400% of the federal poverty level. However, the amount of the premium tax credit that an individual or household is eligible for will vary based on the specific circumstances of the individual or household.
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f Honduras is open to international trade in oranges without any restrictions, it will import
tons of oranges.
Suppose the Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers. A tariff of
$
per ton will achieve this.
A tariff set at this level would raise
$
in revenue for the Honduran government.
Suppose that Honduras is open to international trade in oranges without any restrictions, it will import an infinite amount of oranges. Therefore, the import of oranges can be limited through a tariff. The Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers.
A tariff of $720 per ton will achieve this. A tariff set at this level would raise $72,000 in revenue for the Honduran government.
Tariff: It is a tax imposed by a government on imported or exported goods. The main purpose of a tariff is to limit imports and protect domestic production and employment.
In this scenario, a tariff is imposed by the Honduran government to limit the import of oranges and help domestic producers. Therefore, if the tariff is set at $720 per ton, then it would reduce the imports of oranges to exactly 100 tons, which is the desired goal of the Honduran government.
Moreover, the tariff rate multiplied by the number of imports gives the amount of revenue raised by the Honduran government, which is $720 × 100 = $72,000. Thus, a tariff set at $720 per ton will raise $72,000 in revenue for the Honduran government.
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Once the information is complete and conclusions are made, then management can make more confident business decisions. This is part of this step of market research?
present the findings
make the decision
develop the research plan
collect the information
The act of making the decision is the part of this step of market research that makes management more confident business decisions.
What is market research?This refers to the activity of gathering market information about consumers' needs and preferences.
Some steps of a market research includes:
present the findingsmake the decisiondevelop the research plancollect the informationRead more about market research
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Kevin owns a toy company. How should he ensure that his customers are receiving a high-quality product
A. Offer a discount on future purchases to customers
B. Repair products that have been sold to customers and are broken
C. Survey customers and ask for suggestions
D. Test a prototype
Option (d), Kevin owns a toy store. In this method, he may run a prototype test to ensure that his customers are receiving a high-quality product.
How do you know your customer service is top-notch?If you pay attention to your customers, acknowledge their needs, thank them, and create a warm, welcoming environment, they will think highly of you. A satisfied consumer is more inclined to buy more from you again. Additionally, they could suggest others to your business.
Kevin has several alternatives to ensure that his customers receive high-quality products.
One option is to test a prototype first to ensure the finished product satisfies the appropriate quality standards.Additionally, he may improve the quality of the finished product by using customer feedback. He may conduct client surveys and ask for suggestions in order to understand more about their preferences and goals.Kevin may also offer a warranty or guarantee on his goods and repair or replace any defective things that he has sold to customers.By doing this, he could demonstrate his concern for customer satisfaction and enhance his company's reputation as a producer of high-quality items.Learn more about customer satisfaction: https://brainly.com/question/28387894
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Calculate the Equivalent Uniform Annual Benefit (EUAB) for the cash flow below for interest rate of 10%
Answer:
The Equivalent Uniform Annual Benefit (EUAB) is 2,220.52.
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf file for the complete question.
The explanation to the answer is now given as follows:
Note: See the attached excel file for the calculation of the total present values of cash flow (in bold red color).
Equivalent Uniform Annual Benefit (EUAB) refers to an annual benefit or cash flow that is obtained by converting any cash flow to an equivalent uniform cash flow.
From the question, the diagram indicates that the amount of the annual cash flows from year 1 to year 80 is $2,000, except for years 10 and 40 which are 7,000 and 15,000 respectively (in bold blue color in the attached excel file).
Because of years 10 and 40 which are 7,000 and 15,000, we first calculate the present value of all the annual cash flows from year 1 to 80 (in bold red color in the attached excel file).
From the attached excel file, we have:
Total present value of cash flows = 22,205.19
The annuity factor is calculated using the annuity formula as follows:
Annuity factor = ((1-(1/(1 + r))^n)/r) …………… (1)
Where;
r = interest rate = 10%, or 0.10
n = number of years = 80
Substituting the values into equation (1), we have:
Annuity factor = ((1-(1/(1 + 0.10))^80) / 0.10)
Annuity factor = 9.9951181414995
Approximating to 2 decimal places, we have:
Annuity factor = 10.00
The Equivalent Uniform Annual Benefit (EUAB) can therefore now be calculate using the formula for calculating the Equivalent Uniform Annual Benefit (EUAB) as follows:
EUAB = Total present value of cash flows / Annuity factor ……………. (2)
Substituting the values into equation (2), we have:
EUAB = 22,205.19 / 10.00
EUAB = 2,220.52
Therefore, the Equivalent Uniform Annual Benefit (EUAB) is 2,220.52.
Gearty and Olinto organized The Worthington Corp., which issued voting common stock with a fair market value of $240,000. They each transferred property in exchange for stock as follows
Property Adjusted Basis Fair Market Value Percentage of The Worthington Corp. Stock Acquired
Gearty Building $80,000 $164,000 60%
Olinto Land 10,000 96,000 40%
The building was subject to a $20,000 mortgage that was assumed by The Worthington Corp. What was The Worthington Corp.'s basis in the building?
Answer:
$80,000
Explanation:
Since Worthington Corp. assumed the the $20,000 mortgage which the building was subject to, the Worthington Corp.'s basis in the building is the adjusted basis of the building.
Therefore, Worthington Corp.'s basis in the building is $80,000 which is the adjusted basis of the building.
What is the first step in QuickBooks Online that must be completed prior to recording the deposit? +New > Invoice +New> Journal entry +New> Receive payment +New > Make deposit
The first step in QuickBooks Online that must be completed prior to recording the deposit is Option C. +New > Receive payment.
The first step in QuickBooks Online that must be completed prior to recording the deposit is +New > Receive payment. It is recommended that you document each payment you receive from your clients or customers as a deposit to ensure that the transaction is accurately reflected in your QuickBooks Online account.
To record a deposit in QuickBooks Online, follow these steps:
Go to QuickBooks online and sign in to your account. Select the +New button, which is located in the upper-left corner of the screen. Choose Receive Payment from the drop-down menu. Enter the name of the customer who is making the payment in the Receive Payment From field. From the Payment Method drop-down menu, select the payment method that the customer is using. Enter the amount of the payment that was received in the Payment Amount field, along with any fees or discounts that may apply. If there are any notes you'd like to include with the transaction, you can add them to the Memo field. Click on Save and close.To summarize, when recording a deposit in QuickBooks Online, the first step that must be completed is to choose the +New button and select Receive Payment from the drop-down menu. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
What is the first step in QuickBooks Online that must be completed prior to recording the deposit?
A. +New > Invoice
B. +New> Journal entry
C. +New> Receive payment
D. +New > Make deposit
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A firm owed accounts payable of $250,000 at the beginning of the year and $350,000 at the end of the year. This $100,000 difference will:_____
Answer and Explanation:
Since in the question it is mentioned that the account payable beginning balance is $250,000 and the ending balance of the account payable is $350,000 so here $100,000 different would rise the cash from operations
Therefore the same is to be considered as there is an increase in inflows of cash
So the difference would be rise the cash from operations
what type of market often receives subsidies?
-economics-
Answer:
A subsidy is a benefit given to an individual, business, or institution, usually by the government. ... The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to promote a social good or an economic policy.
Here are simplified financial statements for Watervan Corporation:
1.) Calculate Watervan’s economic value added (EVA).
Note: Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.
2.) What is the company’s return on capital? (Use start-of-year rather than average capital.)
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
3.) What is its return on equity? (Use start-of-year rather than average equity.)
Note: Enter your answer as a percent rounded to 2 decimal places.
Based on the financial statements given for Watervan Corporation, the Economic Value Added is $54.501 million.
What is the Economic Value Added?This can be found by the formula:
= (EBIT x (1 - Tax rate)) - (Cost of capital x Capital)
Tax rate is:
= 20 / 97 x 100
= 20.6%
Capital invested:
= Equity + Long term debt
= 256 + 121
= $377 million
Economic value added is:
= (109 x (1 - 20.6%)) - (8.5% x 377)
= $54.501 million
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Why does the scientific method not follow an exact order?
Through testing and experimentation, the scientific method establishes facts in an unbiased manner.
What is an scientific method?Making an observation, formulating a hypothesis, making a prediction, carrying out an experiment, and then evaluating the findings are the fundamental steps. The scientific method's principles can be used in various contexts, including business, technology, and scientific study.
A set of steps are used in the scientific process to establish facts or generate knowledge. The general procedure is generally known, but depending on what is being examined and who is performing it, each step's specifics may alter. Only questions that can be tested and either proven true or false can be answered using the scientific method.
Therefore, Through testing and experimentation, the scientific method establishes facts in an unbiased manner.
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Discuss ways in which exchange rate regime may affect a firm in the manufacturing industry contemplating to venture into international trade
The cost of a country's products and services rises as its exchange rate rises in comparison to that of another one. Costs for imports decrease. In the long run, this can result in a decline in exports and an increase in imports.
What is the exchange rate?Generally, The cost of a nation's goods and services will become more expensive if the value of the nation's currency rises in contrast to that of another nation's currency exchange rate.
In conclusion, The prices of imported goods become less expensive. It's possible that in the end, this will lead to a lower level of exports from that country and a greater level of imports.
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Relate systems management theory
Explanation:
Management theories are concepts surrounding recommended management strategies, which may include tools such as frameworks and guidelines that can be implemented in modern organizations. Generally, professionals will not rely solely on one management theory alone, but instead, introduce several concepts from different management theories that best suit their workforce and company culture.
What basic business principle does the author of your reading material state that automakers ignored in recent years, leading to the need for an industry bailout?
A sustainable financial model that is adaptable to changing market conditions is what was ignored
The principle that was ignoredThe core concept that industry titans overlooked, eventually necessitating a bailout, was constructing and sustaining a pliable monetary ploy attuned to shifting market conditions.
Prior to the aid package, auto-manufacturers homed in on sales of high fuel-consumption SUVs and trucks which were appealing due to inexpensive gas costs combined with easily accessible credit.
The dismayingly tardy adaptation to changing patron likes for more fuel-thrifty and environment friendly motorsides - along with mounting rivalry from overseas powerhouses - drove automakers into a perilous condition, where they ultimately felt the blow of 2008’s global fiscal crunch, harshly diminshing productivity as well as profits.
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