In its 2015 fiscal year annual report, Texas Roadhouse reports net operating income after tax (NOPAT) of $102,495 thousand. As of the beginning of fiscal year 2015 it reports net operating assets of $596,104 thousand.
a. Did Texas Roadhouse earn positive residual operating income (ROPI) in 2015 if its weighted average cost of capital (WACC) is 7%. Explain
1. TXRH earned a negative ROPI because the realized NOPAT exceeds the expected NOPAT.
2. TXRH earned a positive ROPI because the realized NOPAT was less than the expected NOPAT.
3. TXRH earned a positive ROPI because the realized NOPAT exceeds the expected NOPAT.V
4. TXRH earned a negative ROPI because the realized NOPAT was less than the expected NOPAT.
b. At what level of WACC would Texas Roadhouse not report positive residual operating income for 2015?
Answers
Answer:
a. 3. TXRH earned a positive ROPI because the realized NOPAT exceeds the expected NOPAT.
b. ROPI which is 17.9% will be in negative
Explanation:
a. The explanation of positive residual operating income is here below:-
Expected net operating income after tax = Operating asset × Weighted average cost of capital
= $596,104 × 7%
= $41,727.28
Therefore the actual net operating income after tax is higher than Expected net operating income after tax.
TXRH earned a positive ROPI because realized net operating income after tax is higher than Expected net operating income after tax
b. For ROPI to be 0, Weighted average cost of capital
Realised net operating income after tax = Operating asset × weighted average cost of capital
= $102,495 = $596,104 × weighted average cost of capital
weighted average cost of capital = 17.19%
So, The ROPI which is 17.9% will be in negative
Related Questions
Which of the following is NOT true of performance appraisal and management?
a. Performance management focuses on "present and future" performance of an employee.
b.Performance management only focuses on evaluating an employee's performance.
c. Performance management also focuses on developing an employee's skills and behaviors.
d. Performance appraisal focuses on "past" performance of an employee.
Answers
Performance management only focuses on evaluating an employee's performance is not true. The correct option is b.
What is performance management and why is it important?Managing employee performance enables businesses to streamline operations and boost effectiveness and productivity at work. In order to motivate team members to put their all into their work, performance management employs a system of objectives and rewards.
In addition to evaluating an employee's performance, performance management aims to help them improve their abilities and attitudes. Setting goals, providing feedback, coaching, and training to employees in order to enhance performance are all parts of the ongoing process known as performance management.
Additionally, it entails determining the advantages and disadvantages of each employee, presenting opportunities for growth, and coordinating individual goals with organizational objectives. The emphasis is on enhancing future performance as well as assessing past performance.
Thus, the ideal selection is option b.
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Provide an argument for how Coke's disastrous marketing campaign for New Coke might actually have been a good thing for the company's core product.
Answers
38. A log book used to record information about visitors who call in an organization is called A. Complimentary card B. Telephone directory C. Telephone pad D. Visitor's register E. Visitor's request form
Answers
A logbook used to record information about visitors who call in an organization is called an Option D. Visitor's Register.
A visitor's register is an essential tool for maintaining security and professionalism in a workplace. It helps in keeping track of the people entering and leaving the premises, which aids in monitoring the flow of visitors and ensuring their proper identification.
A visitor's register typically includes columns for the visitor's name, contact details, purpose of visit, time in, time out, and the name of the person they are meeting. This information is valuable in case any follow-up is required or for emergency situations where it's crucial to know who is on the premises.
In contrast, a complimentary card (A) is a business card exchanged during formal introductions. A telephone directory (B) is a listing of telephone numbers organized by name or business. A telephone pad (C) is a notepad used for taking messages or notes during phone calls, and a visitor's request form (E) may be a document required to be filled out by visitors for specific purposes or access.
In summary, a visitor's register (D) is the correct term for a log book used to record information about visitors who call an organization. It helps maintain security, monitor visitor flow, and ensure proper identification of guests. Therefore, the correct option is D.
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What is the relationship between property and financial claims
Answers
Explanation
The relationship would likely be in terms of loans, property liens and credit. For example, purchasing a home or a car or even something as simple as a watch or article of clothing.
What basic economic question is addressed in the press release?
Answers
Answer:
for whom to produce
Explanation:
for whom to produce
Q1: What are the strategically relevant components of the pizza
restaurant segment of the U.S. quick service restaurant industry
macro-environment?
Answers
The strategically relevant components of the pizza restaurant segment of the U.S. quick service restaurant industry macro-environment are as follows:
Technological advancements: In recent years, the pizza industry has seen technological advancements, including the ability to place online orders, which can result in increased customer convenience. Many pizza restaurants have mobile apps that customers can use to order food, making it easier to use their services. Online advertising has also been used by pizza restaurants to reach new customers.
Environmental factors: Pizza restaurants need to consider the effect of weather changes on sales. Extreme weather events can affect sales as people tend to avoid ordering food when they cannot go out of their homes. Pizza restaurant owners need to evaluate how they will deal with such instances.
Demographic factors: Demographics play a crucial role in the success of pizza restaurants. The pizza restaurant industry targets a broad range of customers and has a significant customer base among younger customers. In recent years, there has been an increase in health-conscious customers, leading to changes in the pizza industry, including the addition of new healthy menu items.
Socio-Cultural factors: The pizza industry has experienced increased competition from new entrants such as gourmet pizza restaurants. The preference of customers for the type of pizza and the eating experience has also changed. People prefer pizzas that are customized to their taste buds, including the type of crust and toppings.
Political/Legal factors: Pizza restaurants need to comply with government regulations such as health and safety standards, as well as taxes. The pizza industry is also affected by regulations on labor practices and food labeling requirements.
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Which statement is true regarding monopolistic competition?
Answers
Answer:
AR>MR
--------------------------------------
WHERE ARE THE OPTIONS.
. Discuss and Implement the Price Adjustment Strategies in current market. Apply each strategy with 3 examples along with picture. (10 Marks) (200 Words)
Answers
Answer:
There are many different price adjustment strategies which can be implemented in the current market.
Explanation:
Psychological pricing:
Psychological pricing is a strategy in which the price of a product is displayed with mostly one cent difference so the whole number shown is less by $1 and this difference can get higher if the price of the product is more.
Example 1: The price for a toy in a toy shop is $4.99, if rounded this will be $5 but the whole number visible is $4.
Example 2: The price of a laptop is $193, this again is nearly $200 but the price is reduced by $7 in order to influence their customers into buying the product.
Example 3: The price of a car is $35,995, this again is about $36,000 but the buyer may be influenced by this technique and result in purchasing the product with such price.
Geographical Pricing:
Geographical pricing is a strategy where different prices are charged in different outlets, this strategy is made keeping in mind the purchasing power of the locality, if the local people can pay higher price for a product then the price is high there but same product may have a lower price in an area where people can not pay high price.
Example 1: Price of a T-shirt is $15 in a posh area while the price of the same T-shirt is $5 in an area with poor locality.
Example 2: Price of a hair brush is $10 in a poor area while the same brush is available in a posh area at a rate of $35.
Example 3: Price for a food item is $6 in a restaurant in posh area while the same burger is available for $3 in a restaurant in a poor area.
Select all the correct answers.
Ray has six hours before he goes to bed on a school night. He plans to spend an hour surfing the Internet, two hours playing his favorite
game, two hours watching TV, and one hour doing his homework. However, some of the math problems in his homework are extremely
difficult, and it will take him more than two hours to finish them. He knows his teacher won't give him any credit for the work unless it's
completely finished, and it's Important that he get good grade in the class. Which of these options for dealing with this situation are a
trade-off of Ray's time?
O He will spend only one hour on homework and leave out what he can't finish.
D He will spend one extra hour on homework and give up watching TV.
0
He will finish his homework while he is watching TV.
O He will play his favorite game for one hour and do homework for two hours.
0
He will ask his brother to help him with his homework.
Answers
Answer:
the answer is c.) he will play his favorite game for one hour and do his homework for two hours
True or False? The placement of a product within a store, or online, can determine the sales performance of that product.
Answers
Product Placement. a form of advertising in which name brand goods are placed in sports & entertainment programs. embedded marketing.
Answer:
true
Explanation:
Select all that apply.
Select the items that can result in higher interest earned.
1:higher balance
2:greater number of withdrawals
3:higher interest rate
Answers
Answer:
a higher balance can increase interest rate
An employee from another department will join your team next week. She requested the transfer because she felt her work was becoming predictable and monotonous. Her performance reports show she has made good contributions to programming projects but needs to improve her presentation skills.
Answers
It appears that next week, an employee from another department will be joining your team.
She requested the transfer due to feeling that her previous work was becoming predictable and monotonous. According to her performance reports, she has made valuable contributions to programming projects, demonstrating her strong technical abilities.
However, an area where she could improve is her presentation skills. As she transitions to your team, it would be beneficial to provide her with opportunities to engage in diverse tasks and challenges, ensuring she stays motivated and experiences professional growth.
Additionally, offering resources and training in presentation skills can help her strengthen this aspect of her work. By doing so, she will not only become a more well-rounded team member but will also contribute effectively to the overall success of your team. Remember to welcome her warmly and provide any necessary support during this transition period.
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What is the US Central Bank (Fed) focusing on right now? Present their main activities.
Answers
Answer:
It is focusing on looking over financial system risks and engages at home or abroad to help insure that the system stays healthy for the ecomomey, basically for households in the U.S., communities, as well as businesses in the U.S..
Haas Company manufactures and sells one product. The following information
pertains to each of the company's first three years of operations:
Variable costs per unit:
Manufacturing:
Direct materials
Direct labor
Variable manufacturing overhead
Variable selling and administrative
Fixed costs per year:
Fixed manufacturing overhead
Fixed selling and administrative expenses
A A A A
20
12
4
2
$
Book
$ 960,000
$ 240,000
int
During its first year of operations, Haas produced 60,000 units and sold 60,000 units.
During its second year of operations, it produced 75,000 units and sold 50,000 units.
In its third year, Haas produced 40,000 units and sold 65,000 units. The selling price
of the company's product is $58 per unit.
int
ences
Required:
1. Compute the company's break-even point in unit sales.
2. Assume the company uses variable costing:
a. Compute the unit product cost for year 1, year 2, and year 3.
b. Prepare an income statement for year 1, year 2, and year 3.
3. Assume the company uses absorption costing:
a. Compute the unit product cost for year 1, year 2, and year 3.
b. Prepare an income statement for year 1, year 2, and year 3.
Answers
While the sales revenue of $960,000 is a crucial piece of information, it is only one component in assessing the financial performance of Haas Company.
Based on the provided information, it can be inferred that Haas Company manufactures and sells only one type of product. The total amount of sales revenue for this product is $960,000. However, this information alone is not sufficient to determine the profitability or financial health of the company.
In order to assess the financial performance of Haas Company, additional information such as the cost of goods sold, operating expenses, and net income is needed.
The cost of goods sold refers to the direct costs associated with the production and sale of the product. This includes materials, labor, and overhead expenses. By subtracting the cost of goods sold from the total sales revenue, the gross profit can be determined. The gross profit indicates the profitability of the product, before taking into account any operating expenses.
Operating expenses are the indirect costs associated with running the business, such as rent, utilities, salaries, and advertising. After subtracting the operating expenses from the gross profit, the net income can be determined. The net income represents the overall profitability of the company after all expenses have been accounted for.
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The amount of a company’s sales revenue that remains after subtracting the “cost of goods sold,” a standard accounting measure of the costs of manufacturing or acquiring the items that are sold. Explain
Answers
Answer:
you can use both. but not sure.
supposes there is economic profit being made in the garbage bag industry. Over time, we should expect which of the following things to happen?
Answers
Answer:Suppose there is economic profit being made in the garbage bag industry. Over time, we should expect which of the following things to happen? ... Garbage bag supply will decrease. Garbage bag prices will increase.
Explanation:workers at this wage; therefore it would simply create unemployment. b. To help ... There needs to be differences in opportunity costs of producing goods across countries for there ... Suppose we have the following market supply and demand schedules ... Economic profits are zero and firms neither enter nor exit the industry.
*Will award Brainliest if correct!*
The time you define as being busy on the device.
(A) Active hours
(B) My time
(C) Windows schedule
Answers
Answer: it would active hours
Explanation: Simply, that is your active hours on your computer
The correct answer is: (A) Active hours
What are energetic hours on a computer?
Energetic hours discover the time frame while you anticipate the device to be in use. automated restarts after an update will arise outdoor during the energetic hours. via default, lively hours are from eight AM to 5 PM on pcs and from 5 AM to eleven PM on phones. customers can trade the active hours manually.
It is referred to as energetic hours. active hours are a time variety you could set to permit your computer to recognize whilst you're commonly the usage of your tool, so it might not restart robotically throughout the one's instances.
What is the means of energetic hours in home windows 10?
Energetic hours allow home windows to understanding while you're typically at your laptop. we'll use that data for agenda updates and restarts when you're no longer the usage of the pc.
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What are the main features of an oligopolistic market?
Answers
Answer:
Few firms: ADVERTISEMENTS: ...Interdependence: Firms under oligopoly are interdependent. ...Non-Price Competition: ...Barriers to Entry of Firms: ...Role of Selling Costs: ...Group Behaviour: ...Nature of the Product: ...Indeterminate Demand CurveExplanation:
pls mark brainliest
The main features of an oligopolistic market include:
Few firms control the market High barriers to entryInterdependence of price What are oligopolistic markets like?In an oligopolistic market, you find that there are a few firms who control the market as a whole. This is because there are high barriers to entry which prevent other firms from coming in.
Because these firms in the market are few, they have interdependence in terms of price such that the price charged by one firm, is based on the price charged by the other firms.
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Hours of labor or number of workers are common ways of measuring a company’s...
Answers
Answer:
productivity
Explanation:
The "productivity" of employees in a company is essential because it affects the company's profit. In order to measure or calculate the individual employee's productivity, you have to consider the hours of labor and the number of workers.
You have to divide the total output to the hours of labor in order to get the amount that your company is generating per hour of work.You have to divide the total output to the number of workers in order to get the the amount that every employee produced for your company per week.Compute Lead Time Williams Optical Inc. is considering a new lean product cell. The present manufacturing approach produces a product in four separate steps. The production batch sizes are 45 units. The process time for each step is as follows: Process Step 1 5 minutes Process Step 2 8 minutes Process Step 3 4 minutes Process Step 4 3 minutes The time required to move each batch between steps is 5 minutes. In addition, the time to move raw materials to Process Step 1 is also 5 minutes, and the time to move completed units from Process Step 4 to finished goods inventory is 5 minutes. The new lean layout will allow the company to reduce the batch sizes from 45 units to 3 units. The time required to move each batch between steps and the inventory locations will be reduced to 2 minutes. The processing time in each step will stay the same. Determine the value-added, non-value-added, and total lead times, and the value-added ratio under the present and proposed production approaches. If required, round percentages to one decimal place. Present Approach Proposed Approach Value-added time min min Non-value-added time min min Total lead time min min Value-added ratio (as a percent) % %
Answers
Answer:
PRESENT APPROACH
Value-added time 20min
Add Non-value-added time 905 min
Total lead time 925 min
Value-added ratio (as a percent) 2.2%
PROPOSED APPROACH
Value-added time 20min
Non-value-added time 50 min
Total lead time 70 min
Value-added ratio (as a percent) 28.6%
Explanation:
PRESENT APPROACH
Calculation for Value added time
Using this formula
Value added time = Total time of all steps
Value added time= 5 + 8 + 4 + 3 = 20 min
Calculation for Non-value-added time
Using this formula
Non-value-added time = Batch wait time + Move Time
Hence ,Batch wait time = Value added time * Remaining numbers of units after first unit start
Let plug in the formula
= 20 min * 44
= 880 min
Move Time = 5 * 5 min
= 25 min
Hence, Non-value-added time
= 880 + 25 = 905 min
Calculation for Value-added ratio (as a percent)
Using this formula
Value-added ratio (as a percent) = Value added time/Total lead time * 100
Let plug in the formula
Value-added ratio (as a percent) = 20/925 * 100 = 2.2 %
PROPOSED APPROACH :-
Calculation for Value added time
Using this formula
Value added time = Total time of all steps
= 5 + 8 + 4 + 3 = 20 min
Calculation fo Non-value-added time
Using this formula
Non-value-added time= Batch wait time + Move Time
Batch wait time = Value added time * Remaining no of units after first unit start
Let plug in the formula
Non-value-added time = 20 min * 2
Non-value-added time= 40 min
Move Time = 5 * 2 min
= 10 min
Non-value-added time = 40 + 10
Non-value-added time= 50 min
Calculation for Value-added ratio (as a percent)
Using this formula
Value-added ratio (as a percent) = Value added time/Total lead time * 100
Let plug in the formula
Value-added ratio (as a percent) = 20/70 * 100
Value-added ratio (as a percent) = 28.6 %
Therefore:
PRESENT APPROACH
Value-added time 20min
Add Non-value-added time 905 min
Total lead time 925 min
Value-added ratio (as a percent) 2.2%
PROPOSED APPROACH
Value-added time 20min
Non-value-added time 50 min
Total lead time 70 min
Value-added ratio (as a percent) 28.6%
SWOT analysis is not a subjective process.
True
False
Answers
SWOT analysis is not a subjective process. The statement stated above is False.
What do you mean by Analysis?An analysis is significant because it arranges and interprets data before structuring it into presentable knowledge that is applicable to practical applications.
A subjective evaluation of facts that is logically arranged according to the SWOT structure to aid in understanding, presentation, discussion, and decision-making is known as a SWOT analysis.
Internal elements, such as strengths and weaknesses, rely on the goal, project, or initiative under analysis. What is a strength for one purpose or project could be a drawback for another since it is subjective to the chosen objective.
Therefore, The statement is false. A SWOT analysis is a subjective assessment of data.
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The questions are in the images. The categories provided are: Cash, Accounts Receivable, Office Equipment, Office Furniture, Accounts Payable, Randy Guttery Capital, Randy Guttery Drawing, Fees Income, Rent Expense, Utilities Expense, Salaries Expense, Telephone Expense, and Miscellaneous Expense.
Answers
A collection of financial records that employ double-entry accounting is referred to informally as a T-account.
What is T- Account ?The phrase defines how the bookkeeping entries appear. On a page, a huge letter T is first drawn.The account name is then written above the top horizontal line and split by the bottom horizontal line., and below that, split by the vertical T of the letter, debits are reported on the left and credits are recorded on the right.
Every financial transaction is taken into account to have an impact on at least two of a company's accounts in double-entry bookkeeping, a common accounting technique. Each transaction will be recorded in one account as a debit entry and in the other as a credit entry.
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7. Constant growth rates One of the most important components of stock valuation is a firm’s estimated growth rate. Financial statements provide the information needed to estimate the growth rate. Consider this case: Robert Gillman, an equity research analyst at Gillman Advisors, believes in efficient markets. He has been following the mining industry for the past 10 years and needs to determine the constant growth rate that he should use while valuing Pan Asia Mining Co. Robert has the following information available: • Pan Asia Mining Co.’s stock (Ticker: PAMC) is trading at $13.75. • The company’s stock is expected to pay a year-end dividend of $0.66 that is expected to grow at a certain rate. • The stock’s expected rate of return is 6.60%. Based on the information just given, what will be Robert’s forecast of PAMC’s growth rate?
Answers
Based on information given, Robert’s forecast of PAMC’s growth rate will be 11.4%.
Here, we are going to calculate Robert’s forecast of PAMC’s growth rate by using the information provided..
The formula to be deployed is Price = Dividend in 1 year/(cost of equity - growth rate)
Given Information
Pan Asia Mining Co.’s stock is trading at $13.75
Expected year-end dividend = $0.66
Stock’s expected rate of return = 6.60%.
$13.75 = $0.66 / (6.60% - Growth rate)
$13.75 = $0.66 / (0.066 - Growth rate)
$13.75*((0.066 - Growth rate) = $0.66
$0.9075 - $13.75(Growth rate) = $0.66
$13.75(Growth rate) = $0.66 + $0.9075
Growth rate = $1.5675 / $13.75
Growth rate = 0.114
Growth rate = 11.4%
Therefore, Robert’s forecast of PAMC’s growth rate will be 11.4%.
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Can someone please help ASAP!!!
IN UR OWN WORDS PLEASE
Thanks!!
The Federal Reserve uses three tools to set monetary policy through the banks. Identify these three tools and provide an example of how each tool affects individual consumers. (5 points)
Answers
Monetary Policy Implementation: The Fed's Policy Toolkit. Reserve requirements, the discount rate, and open market operations are the three instruments the Fed has historically used to implement monetary policy.
Which tool of monetary policy is most important and why?To accomplish macroeconomic objectives, a monetary policy employs a variety of tools, including open market operations, requirements for bank reserves, and the discount rate. Open market operations, however, are regarded as the most significant and frequently applied tool of the three.
The most crucial and efficient method of expanding the money supply out of these three is to purchase bonds on the open market. The Fed must convince banks to make fewer loans if it wants to shrink the money supply.
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Does anyone know how to do this?
Answers
Answer:
Osix galbns of diesel engines have been used for years to
Answer:
1: 2, 9 10, 5 uniform
2. 10 Albany, Baptist, church
3. 8 all, state, packing, co
view the picture below for the other answers
Consider the organization you are currently working in and explain this organization from systems characteristics perspectives particularly consider objective, components (at least three) and interrelationships among these components with specific examples
Answers
Explanation:
I don't have direct knowledge of the organization you are currently working in. However, I can provide a general example to help illustrate the systems characteristics of an organization. Let's consider a fictional manufacturing company called "ABC Manufacturing."
Objective:
The objective of ABC Manufacturing is to efficiently produce and deliver high-quality products to its customers while maximizing profitability. The organization aims to maintain a competitive edge in the market by consistently meeting customer demands and optimizing its operations.
Components:
1. Human Resources: The employees of ABC Manufacturing form a crucial component. They include production workers, managers, engineers, and support staff. Each employee contributes their skills and expertise to ensure smooth operations. For example, production workers assemble products, engineers design new prototypes, and managers oversee the overall functioning of the organization.
2. Production Facilities: The physical infrastructure, including factories, warehouses, and equipment, is another vital component. These facilities house the production lines, machinery, and storage areas necessary for manufacturing products. The efficient functioning of the production facilities is essential to meet production targets and ensure the timely delivery of goods.
3. Supply Chain and Logistics: The supply chain component involves managing the flow of materials, resources, and finished products. This includes sourcing raw materials, coordinating with suppliers, inventory management, and distribution logistics. Effective supply chain management ensures that the right materials are available at the right time, minimizing delays and reducing costs.
Interrelationships among Components:
The components of ABC Manufacturing are interrelated and interconnected, forming a system that works together to achieve the organization's objectives. Here are a few examples of interrelationships among these components:
1. Human Resources and Production Facilities: The production facilities rely on the skills and efforts of the employees. Human resources ensure that the right talent is hired, trained, and deployed in the production process. They also provide support and maintenance services to ensure the smooth functioning of the production facilities.
2. Production Facilities and Supply Chain: The production facilities rely on the timely availability of raw materials from the supply chain. Efficient coordination between production and supply chain teams is necessary to maintain optimal inventory levels and avoid production delays.
3. Supply Chain and Human Resources: The supply chain team collaborates with human resources to forecast demand, plan workforce requirements, and align production schedules accordingly. Effective communication and coordination between these components ensure that the production process meets customer demand and avoids excessive inventory or stockouts.
By viewing ABC Manufacturing through a systems perspective, we recognize that the organization is a complex interplay of various components working together to achieve a common objective. Understanding the interrelationships and dependencies among these components helps in identifying areas for improvement and optimizing the overall performance of the organization.
Answer:Dashen Bank s.c is a company where I am working in it. The company’s objective is to maximize its profit and become from the lists in best class banks in Africa. To achieve this objective it has its own system which contains the following components
• A banking software called FLEXCUBE which is the core software which accomplishes the majority of the banking day to day activities e.g. cash withdrawal, cash deposit, account opening general leger account postings etc.
• CATPS(card application tracking and processing system) is a component of a system which is used to capture ATM card applications and authorize the processed/ captured applications in order to produce the cards
• Amole admin/internet banking application is used to create an access to the customers such that user name and passwords and and link bank accounts so customers can transfer money, make payments at home.
The above listed components have interrelation each other. E.g. in order to produce cards using CATPS, the customer must have a bank account with precise customer data such that signature, photo etc. so these stated things i.e. account opening, signature and photo uploading activities are processed by FLEXCUBE software. In the same manner, in order to get an access to the bank account using amole/ internet banking, the customer must have properly opened bank account with customer signature and photo which is also processed by using FLEXCUBE software.
Yield premiums on bonds backed by pools of consumer debt have edged consistently higher this year, reflecting perceptions of rising risk. Junior bonds made of bundles of subprime car loans, for example, now offer investors ______ percentage points’ extra yield over comparable Treasury notes, up from 2.41 percentage points at the start of the year, according to JPMorganLinks to an external site. data. Pricing for other kinds of consumer-debt investments shows a similar trend.
Answers
Investors in junior bonds made of bundles of subprime car loans are now demanding 4 percentage points of extra yield over comparable Treasury notes. This is up from 2.41 percentage points at the start of the year, according to JPMorgan data.
How to explain the informationThis is a reflection of rising risk perceptions in the market. Investors are concerned that the rising cost of living and the possibility of a recession could lead to more defaults on consumer loans.
Pricing for other kinds of consumer-debt investments shows a similar trend. For example, the yield premium on bonds backed by credit card debt has risen to 2.95 percentage points from 2.21 percentage points at the start of the year.
The rising yield premiums on consumer debt bonds reflect the fact that investors are demanding a higher risk premium for these investments. This is a sign that investors are becoming more cautious about the risks associated with consumer debt.
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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
Answers
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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When must you wash your hands
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Answer:
Before, during, and after preparing food. Before and after eating food. Before and after caring for someone at home who is sick with vomiting or diarrhea. Before and after treating a cut or wound.
wash your hands before and after always and preferably with antibacterial soap
Sterling Company paid $1,200 for 3 months of rent on April 1 of the current year. On April 30, Sterling Company made an adjusting entry to account for the rent that expired during the month of April. The adjusting entry contained a debit to Rent Expense in the amount of $ Blank 1 of 3 and a credit to Prepaid Rent in the amount of $ Blank 2 of 3. The remaining balance in the Prepaid Rent account after the adjustment was
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Answer:
$800
Explanation:
The computation of the remaining balance in the Prepaid Rent account after the adjustment was is shown below:-
Remaining balance = Prepaid rent - Rent expense
= $1,200 - ($1,200 × (1 ÷ 3))
= $1,200 - $400
= $800
Therefore for computing the remaining balance in the Prepaid Rent account we simply applied the above formula.