To calculate the expected annual net cash savings from the new software, we can use the payback period and the software's expected life. The expected annual net cash savings from the new software is $6,463.
Payback Period = Initial Investment / Expected Annual Net Cash Savings
Given that the payback period is five years and the expected life of the software is eight years, we can use this information to find the expected annual net cash savings.
Let X be the expected annual net cash savings.
Payback Period = $32,315 / X
5 years = $32,315 / X
Now, let's solve for X:
X = $32,315 / 5
X = $6,463
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What are the 2 purposes of a checking account?.
A checking account assists you in managing your daily money by allowing you to make payments, receive direct deposits of your paycheck, and get cash from an ATM.
There were many different types of bank accounts, however they can be divided into two categories: personal as well as business.
A checking account allows you to pay bills, move funds to savings, withdraw cash from ATMs, and are using your debit card to make purchases. Ones checking account would be an important aspect of your personal financial management. That is why it is critical to pick a checking account having beneficial features as well as no fees which deplete their balance.
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Which of the following is true regarding the form of authority upon which an agency relationship may be created?Agency relationships can be created through expressed agency, but not through implied authority, apparent agency, or through ratification.Agency relationships can be created through expressed agency or through implied authority, but not through apparent agency or through ratification.Agency relationships can be created through ratification, but not through implied authority, apparent agency, or expressed authority.Agency relationships can be created through ratification or expressed agency, but not through implied authority or apparent agency.Agency relationships can be created through expressed agency, implied authority, apparent agency, and ratification.
Agency relationships can be created through expressed agency, implied authority, apparent agency, and ratification.
Expressed agency is when two parties enter into an agreement and one party is explicitly given authority to act on behalf of the other.
Implied authority is when the actions of an agent are assumed to be authorized by their principal, even though no explicit authority has been given.
Apparent agency is when the principal's actions or words lead a third party to reasonably believe that the agent has been given authority to act on their behalf.
Ratification is when the principal confirms and approves the actions of the agent, even though the agent was not given explicit authority.
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because money has time value, a cash sale is always more profitable than a credit sale. rue or false?
False. A cash sale may have immediate cash inflow, but a credit sale allows for potential interest income, customer loyalty, and increased sales volume, making it potentially more profitable in the long run.
Cash refers to physical currency, coins, and liquid instruments that are readily acceptable as a medium of exchange for goods and services. It is a tangible form of money and serves as a universally recognized means of payment in many economies. Cash is commonly used for everyday transactions, providing individuals and businesses with immediate purchasing power. It offers convenience, simplicity, and anonymity in transactions. Cash can be held in hand, stored in bank accounts, or accessed through automated teller machines (ATMs). While digital payment methods are becoming increasingly popular, cash remains important for certain transactions, particularly in areas with limited banking infrastructure or for individuals who prefer using physical currency.
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After getting married, Joe, 32, and Melinda, 29, decide to take out life insurance policies. Joe would like a 15-year term policy and Melinda would like a 20-year term policy. They each want a $300,000 policy. How much can Joe and Melinda expect to pay in premiums the first year?.
PLEASE HELP FAST!!! What is the MOST likely reason that lottery winners often end up with serious financial problems?
They make financial decisions that are not based on their emotions.
They become victims of fraud by those looking to take advantage of the wealthy.
They think over their financial decisions too thoroughly.
The weigh their long- and short-term financial goals before making any decisions.
Answer:
They become victims of fraud by those looking to take advantage of the wealthy.
Explanation:
The most likely reason that lottery winners often end up with serious financial problems is: “They become victims of fraud by those looking to take advantage of the wealthy.” Hence, Option B is correct.
What does financial problems mean?Financial difficulty is the inability to make either short-term or long-term debt payments. Debt makes managing money more difficult and reduces one's purchasing power.
Up until all obligations are paid, financial issues become a source of worry. It is necessary to find a solution so that debts can be paid back. Students frequently struggle to pay their bills and afford their education, and many of them have poor incomes, limited financial literacy, and many more.
Families are vulnerable to the destructive effects of economic hardship and financial turmoil. Many families lose their houses, automobiles, retirement accounts, valuables, money, health insurance, and other things during hard economic times.
Therefore, Option B is correct.
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You open a new bank account at Eastside Savings. You see FDIC stickers around the bank, and the teller specifically mentions that Eastside
Savings is "FDIC Insured". A few months later, you hear on the radio that Eastside Savings is struggling to stay in business. Your savings balance
Is $500. What would happen to that money if Eastside Savings failed?
A.You could lose $250 since FDIC Insurance only covers 50% of the money you have deposited.
B.You would lose all of your money.
C.You would receive $250,000 since FDIC Insurance provides each account at the bank with $250,000 regardless of how much they
have deposited
D.You would receive all the money you have deposited at Eastside Savings since FDIC insurance covers accounts up to $250,000.
Answer:
The correct option is D. You would receive all the money you have deposited at Eastside Savings since FDIC insurance covers accounts up to $250,000.
Explanation:
Based on the information given what would happen to that money in a situation where Eastside Savings failed is that such individual would receive all the money he/she have deposited at Eastside Savings reason been that FDIC which is fully known as FEDERAL DEPOSIT INSURANCE CORPORATE insurance covers accounts up to the amount of $250,000 and Secondly Eastside Savings is "FDIC Insured".
Joshua controls all the pay rates, raises, and bonuses in your department. He is also able to assign you to an interesting work project and give you the most lucrative sales territory. Joshua has ________ power.
Joshua has complete authority over your department's pay scales, promotions, and incentives. Additionally, he can provide you the most lucrative sales region and a fun job assignment. Joshua has reward power.
A promotional incentive is a coupon, rebate, or other incentive offered to persuade a consumer to buy goods, food, or services for which I the consumer provides no direct consideration or (ii) the direct consideration provided is insufficient to cover the cost of the goods, food, or services to be received. Rewards offered by a firm to present and potential consumers to encourage conversions are known as marketing incentives. These conversions may consist of first-time purchases, follow-up purchases, website visits, email signups, referrals, and more.
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This barrier of trade is when trading partners do NO trade with another country:
A. Tariff
B. Quota
C. Embargo
Answer:
C. Embargo
Explanation:
Trade Barriers are the conditions or restrictions that are imposed on the business transactions that controls the business to be sold out to the hands of foreign markets. These barriers add obstacles so that the businesses are restricted through various means. When a complete ban is imposed on the import or export of any goods to the foreign markets, the situation is termed as embargo. This type of ban is imposed for the defense purposes.
in business, managers and employees are faced with many decisions. management writer ken blanchard and religious leader norman vincent peale provide a set of questions individuals should ask themselves when facing an ethical dilemma. which of the following is not one of those questions? multiple choice will it help me further my career? how will it make me feel about myself? is it balanced? am i acting fairly? is it legal?
Both managers and employees must make many decisions in the workplace. Will it assist me advance my career? is one of the questions offered by business expert Ken Blanchard and spiritual teacher Norman Vincent Peale.
How do Warby Parker and Vision Spring participate in the corporate social responsibility quizlet?Which aspects of corporate social responsibility do Vision Spring and Warby Parker engage in Based on a foundation of ethics that prioritizes offering fashionable eyeglasses at affordable prices and fostering an environment that upholds moral behavior,
Is it a fundamental tenet that each employee should report to a single supervisor?command unification-
Command cohesion: This idea suggests that a worker should only have one supervisor to whom they report directly. No employee should be reporting to more than two persons.
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Politics is sort of like a game. And the best gamer is great at manipulating the rules.
Politics is about making agreements between people so that they can live together in groups such as tribes, cities, or countries. In large groups, such as countries, some people may spend a lot of their time making such agreements.
The OSHA Construction requirement of 1926.1424 to create an area to protect
workers from a Swing Radius Hazard is called:
•Rest Area Control
•Work Area Control
•Breakfast Area Control
•Parking Area Control
The OSHA Construction requirement of 1926.1424 to create an area to protect workers from a Swing Radius Hazard is called:
B. Work Area ControlWhat is Work Area Control?This refers to the section of work which is specifically designed to offer security and protection to workers so that they would not have a work-related injury.
With this in mind, we can see that the OSHA Construction requirement of 1926.1424 was made to create a Work Area Control which would protect workers from a Swing Radius Hazard.
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You may need to use the appropriate appendix table to answer this question.
Only 0.03% of credit card holders of a company report the loss or theft of their credit cards each month. The company has 20,000 credit cards in the city of Memphis. Use the Poisson probability tables to answer the following questions. (Round your answers to four decimal places.)
What is the probability that during the next month in the city of Memphis, every credit card is lost or stolen?
The probability that during the next month in the city of Memphis, every credit card is lost or stolen is approximately 0.0025.
We are given that the proportion of credit card holders who report loss or theft of their credit cards is 0.03%. We have to find the probability that every credit card is lost or stolen during the next month in the city of Memphis.
To solve the above problem, we have to use the Poisson distribution formula.
Poisson distribution formula is:
P(x; μ) = (e^-μ) (μ^x) / x!
Here,x = 0 (every credit card is lost or stolen)
μ = mean or average number of successes in the given time interval= λ × t, where
λ = rate of success, which is the expected number of successes per unit time or space.
For this problem,λ = number of credit card holders who report loss or theft of their credit cards= 0.03% of 20,000 (credit cards in the city of Memphis)= 0.03/100 × 20,000= 6
t = time interval = 1 month
Now, let’s put the values of λ and t into the formula:
P(x = 0; μ) = (e^-μ) (μ^x) / x
!P(x = 0; 6) = (e⁻⁶) (6^0) / 0
\!P(x = 0; 6) = (e⁻⁶)
Therefore, the probability that during the next month in the city of Memphis, every credit card is lost or stolen is approximately 0.0025.
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A commercial building would be classified as a(n)
part.
piece of equipment.
installation.
supply.
Answer:
installation.
Explanation:
A commercial building would be classified as an installation.
Answer:
supply
Explanation:
because from there supply willl be done
Under the deemed substantiation method of accounting for expenses, what is the maximum amount taxpayers are allowed as a deduction without being required to substantiate the amount of the expenses? a.The per diem rate established by the state in which they live. b.The appropriate Federal per diem amount. c.All expenses up to $25 per day. d.$75 per day. e.None of these choices are correct.
Answer:
b. The appropriate Federal per diem amount.
Explanation:
These special diem per rates for taxpayers would be used in substantiating the ordinary amount and important business expenses that are expense at the time when travelling to be done especially the special transportation industry meal and rates of incidental expenses, the deduction with respect to the incidental expenses, and the rates & high-cost localities list for the motive of the high-low substantiation method.
G what was the total amount of dividends the company paid to stockholders in the current period?
$28,000 was the number of dividends the company paid in the current period. Thus, option C is correct.
What is a company?A company is a legal body created by a group of people. This will conduct and manage a multinational corporation. Whether the company is commercial or economic depends on its function.
Net Income is termed at $84000.
The beginning of the retained earnings is presented at $54,000
The ending of the retained earnings is presented at $ 110,000
change in the retained earning = 110000 - $54000
=$56000
Dividends the company = $84000 - $56000
= $28000
Therefore, option C is correct.
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The question is incomplete, Complete question probably will be:
Given the information below about Thomas Corporation, what was the amount of dividends the company paid in the current period? S 54,000 Beginning retained earnings Ending retained earnings $ 110,000 S Decrease in cash 10,000 $ Net income 84,000 Change in stockholders' equity 15,000 A) $110,000 B) $13,000 C) $28,000 D) $18,000
11:44
Solution
Net Income $84000.
cCange in retained Earnings = 110000 - $54000
$56000
$84000 - $56000 -
→ $28000
When it comes to investing, what is the best approach to very optimistic and big news about a new company? (5 points)
a
Invest right away; trust the news.
Caution; research the company first.
O Invest a large amount through a financial advisor.
Contact the company to obtain information.
Answer:
caution research company first
Explanation:
safest option
The first assumption of rational choice theory says that consumers seek _____ and make their choice on that basis.
Answer:
D. one optimal solution to a problem.
Explanation:
The Rational Choice Theory is proposed by Adam Smith in the late eighteenth century. The Rational choice theory is used in number of fields such as philosophy, economics, and psychology.
According to this theory, people tend to make choices that includes self-interest and will benefit them in the long run. The first assumption of rational choice theory is that consumers seek personal preference and one optimal solution to a problem and make decision based on this preferences.
Therefore, the correct option is D.
The term focused processes refers to the quest for increased efficiency, whether in goods or services, that results from specialization. true false
True. The word "focused processes" guides to the quest for increased efficiency, whether in interests or services, that results from field. Service blueprinting is a method analysis technique that focuses on the consumer and the provider's interaction with the consumer.
What is a process-focused facility?Process-focused skills also known as intermittent, or job-shop, facilities are common in high-variety, low-volume manufacturing and assistance institutions. These facilities deliver make-to-order products or services and include everything from auto restoration garages and hospitals to beauty salons.
Mass customization is the use of standardization and scale economizing to produce wide-market goods and services tailored to suit specific customers' conditions in high volumes and at a reasonable low cost.
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a company has net income of $930,000; its weighted-average common shares outstanding are 186,000. its dividend per share is $0.75 and its market price per share is $94. its price-earnings ratio equals:
The price to earning ratio will be 18.8 with $94 market price per share and $5 earnings per share.
Write a short note on price to earning ratio.The ratio for valuing a firm that compares its current share price to its earnings per share is called the price-to-earnings ratio (EPS). The price multiple or earnings multiple are other names for the price-to-earnings ratio.
Investors and analysts use P/E ratios to assess the comparative value of a company's shares in an apples-to-apples comparison. It can also be used to compare a company to its past performance or to compare broad markets over time or to one another. P/E estimates can either be forecast or trailing (backward-looking).
To solve the question :
Net income (A) = $930,000
Weighted-average common shares outstanding (B) = 186,000
Earnings per share (C) = Net income (A)/ Weighted-average common shares outstanding (B)
= (C = A/B)
= $930,000 / 186,000
Earnings per share = $5
Market price per share (D) = $94
Price earnings ratio = Market price per share (D) / Earnings per share (C)
= (E = D/C)
= $94 / $5
= 18.8
Hence, price earnings ratio is 18.8.
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Suppose that consumers have utility function U(C) = log(C) where C is the con- sumption level and log is the natural logarithm. Consumers have initial consumption levels of 100 and are exposed to the following risk of loss: lose 10 with probability 0.4 and lose 5 with probability 0.6. They are considering buying insurance to cover these losses.
(a) What is the fair price for the insurance?
(b) What is the certainty equivalent level of C when uninsured? (Hint: Find the consumption level CE such that U (CE) equals the expected utility when uninsured.)
(a) The fair price for the insurance is the amount that makes the expected utility of being insured equal to the expected utility when uninsured.
(b) The certainty equivalent level of C when uninsured is the consumption level that yields the same utility as the expected utility when uninsured.
(a) The fair price for the insurance can be calculated by finding the expected utility of being insured and equating it to the expected utility when uninsured. In this case, the expected utility when uninsured can be calculated as:
EU(uninsured) = 0.4 * log(100 - 10) + 0.6 * log(100 - 5)
The fair price for insurance is the amount that would make the insured utility equal to EU(uninsured).
(b) The certainty equivalent level of C when uninsured is the consumption level (CE) that yields the same utility as the expected utility when uninsured. Mathematically, we can solve the equation:
U(CE) = EU(uninsured)
By substituting the equation for EU(uninsured) from part (a) and solving for CE, we can find the certainty equivalent level of C when uninsured.
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why is auditor important
Answer:
Auditors provide assurance of an organization's financial statements from an objective and independent opinion. It benifets the company by maintaining consistency, finding errors in their processing, or detecting fraud.
Which is better 21 jump street or 22 jump street?
Answer:
according to my calculation its 21.
Explanation:
Bert's company is about to release a new electronics product. the electronics product is estimated to have a short life cycle before it is replaced by an upgraded one. the company would like to recover the capital spent to produce the product. it therefore decides to charge the highest possible price for the product upon release. bert's firm recognizes this might provide an advantage to competitors who may release the product at a lower price, but it believes customers will feel that the higher price signals higher quality.
what type of pricing objective has bert's firm adopted?cash flow
The type of pricing objective has Bert's firm adopted cash flow.
Which of the following is a reason for a corporation to increase the price of a product?Companies occasionally increase their prices to reflect rising costs. To cover any further cost increases, they may generally raise the prices by a larger amount than the cost increases. A seller may raise the price of their goods if there is a greater demand than there is for that thing.
Which of the following pricing techniques is most likely to cause a retailer to lose money on the item?In an effort to boost sales of other goods, it is offered at a discount to cost. Pricing for special events and price leaders.
What appeals to cellars about a high-low pricing strategy?Because it draws buyers from two different market segments—those who are not price sensitive and are prepared to pay the "high" price and those who are more sensitive to price and wait for the "low" sale price—a high/low strategy is appealing.
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What is a smart way to capture the readers attention in a personal easy
Answer:
Explanation:
There are several smart ways to capture the reader's attention in a personal essay, including:
Starting with a strong opening sentence: This could be a provocative statement, an interesting fact, or a personal anecdote that immediately grabs the reader's attention.Creating a relatable scenario: By introducing a scenario that the reader can relate to, you can immediately create a connection with the reader and capture their attention.Using descriptive language: Using descriptive language to paint a vivid picture of the setting, characters, and events in your essay can help to capture the reader's attention and draw them into the story.Creating a sense of urgency: By highlighting a problem or an issue that needs to be addressed, you can create a sense of urgency that will capture the reader's attention and make them want to keep reading to find out more.Asking a question: Asking a question that the reader is likely to be curious about can capture their attention and make them want to keep reading to find out the answer.Showing vulnerability: Being open and honest about your personal experiences, struggles and emotions can help to create a strong emotional connection with the reader and make them want to keep reading.Using humor: Incorporating humor into your essay can make it more relatable, and help to break the ice with the reader and capture their attention.Using pop culture references: Use references from literature, movies, music or TV showswhat is double entry in financial accounting
Answer:
method of recording transactions where for every business transaction, an entry is recorded in at least two accounts as a debit or credit. In a double-entry system, the amounts recorded as debits must be equal to the amounts recorded as credits.
companies involved in a franchise deal are required to do what two things
In a franchise deal, companies are required to:
Provide ongoing support and guidance to the franchisee.Pay franchise fees or royalties to the franchisor.Companies involved in a franchise deal are typically required to do the following two things:
Provide ongoing support and guidance: The franchisor (the company granting the franchise) is responsible for offering ongoing support and guidance to the franchisee (the company or individual purchasing the franchise). This support may include training programs, operational assistance, marketing support, and access to proprietary systems or resources. The franchisor helps ensure that the franchisee can successfully operate the business according to the established brand standards and guidelines.Pay franchise fees or royalties: As part of the franchise agreement, the franchisee is obligated to pay franchise fees or royalties to the franchisor. These fees are usually a percentage of the franchisee's sales or a fixed amount and are paid in exchange for the right to use the franchisor's brand, trademarks, and business model. Franchise fees contribute to the ongoing support provided by the franchisor and allow the franchisee to benefit from the established brand recognition and proven business methods.These requirements help maintain the consistency, quality, and support associated with the franchise system, while also ensuring a mutually beneficial relationship between the franchisor and franchisee.
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United productions of america created a number of ground breaking animated short films but they are best known for creating which animated character?
United Productions of America (UPA) is best known for creating the animated character "Mr. Magoo." Mr. Magoo first appeared in a UPA theatrical short film titled "Ragtime Bear" in 1949.
The character of Mr. Magoo, voiced by Jim Backus, is a nearsighted, bumbling, and comical old man who often finds himself in humorous and chaotic situations due to his poor eyesight.
Mr. Magoo's popularity grew quickly, and he became one of UPA's most iconic and beloved characters. The character's unique design and animation style, characterized by bold shapes and limited animation techniques, became a signature of UPA's animation studio.
Mr. Magoo went on to star in numerous animated shorts and even had his own television series, "The Mr. Magoo Show," which aired from 1960 to 1961. The character's enduring popularity and UPA's innovative animation techniques have left a significant impact on the history of animation.
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what is the best strategy to avoid paying interests on your credit card
Answer:
Paying the balance full each month
Explanation:
Already did this on everfi and got it right.
True/False
the management of an llc (including members and non-members serving in that role) owe fiduciary duties to act for the benefit of the llc and its members as a whole in a manner similar to the fiduciary duties of corporate officers and directors owed to the corporation and shareholders as a whole.
True. The management of an LLC, whether they are members or non-members serving in that role, owe fiduciary duties to act in the best interests of the LLC and its members as a whole.
This duty is similar to the fiduciary duties that corporate officers and directors owe to the corporation and its shareholders. When someone puts their confidence in another person to complete a task, that person must complete the assignment correctly and then thoroughly investigate LLC it while keeping their good faith in mind.
The other person wants you to be dependable and cautious, access the roles specified and behave in accordance with them since he has placed too much faith in you.
Directors must act in good faith towards the organisation in order for it to achieve its objectives, as required by their duties of supervision and loyalty.
As it requires the directors to use caution, leadership, and good faith in all their actions.
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Vaughn Church Furniture manufactures custom pews, altars, and pulpits for churches across the southern United States. Since each order is unique, Vaughn uses a job order costing system. During the month of June, Vaughn worked on orders for three churches: Faith Church, Grace Church, and Hope Church. Production on the Faith and Grace orders began in May, and the Faith job was completed in June. Production on the Hope order began in June and was incomplete at the end of the month. Vaughn applies overhead to each job based on machine hours. Prior to the year, managers had estimated manufacturing overhead at $693,000, along with 21,000 machine hours. Additional cost information related to the three orders is as follows:
Vaughn Church Furniture specializes in manufacturing custom altars, pews, and pulpits for churches throughout the southern United States.
Each order is unique, so the business uses a job order costing system. Vaughn worked on orders for three different churches in June: Faith Church, Grace Church, and Hope Church. Overhead is applied to each job based on machine hours, and Vaughn Church Furniture has estimated manufacturing overhead at $693,000 and 21,000 machine hours prior to the year.Additional cost information related to the three orders is as follows: Cost Information Faith Church Grace Church Hope Church Direct materials$5,400$16,200$9,000Direct labor$2,880$5,760$4,800Machine hours (MH)9603,8402,400
The predetermined overhead rate is calculated by dividing the estimated manufacturing overhead cost by the estimated machine hours for the year. Therefore, the predetermined overhead rate is $33 per machine hour. The total manufacturing overhead applied to each job is determined by multiplying the predetermined overhead rate by the actual machine hours required for each job.Faith ChurchGrace Church Hope Church Total Machine hours9603,8402,4007,200Manufacturing overhead applied$31,680$126,720$79,200$237,600
In summary, Vaughn Church Furniture, which specializes in producing custom furniture for churches, utilizes a job order costing system. They worked on three orders in June, which are Faith Church, Grace Church, and Hope Church. Before the year, Vaughn Church Furniture estimated their manufacturing overhead at $693,000 and 21,000 machine hours. To allocate overhead to each job, they applied a predetermined overhead rate of $33 per machine hour.
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