With regard to the use of honesty tests for pre-employment screening,
A• honesty tests are much more accurate in predicting employee theft than polygraph tests.
B• theft isn't serious enough to warrant measures to prevent it.
C• honesty tests possess a significant potential for generating false positives and disqualifying honest applicants.
D polygraph tests are more accurate as indicators of potential employee dishonesty than integrity tests.
Answers
Honesty tests for pre-employment screening have certain considerations to keep in mind. While they may be more accurate in predicting employee theft compared to polygraph tests, honesty tests can also generate false positives and disqualify honest applicants. Thus, the accuracy and reliability of such tests need to be carefully evaluated. On the other hand, polygraph tests are not considered as accurate indicators of potential employee dishonesty compared to integrity tests.
When it comes to predicting employee theft, honesty tests may offer better accuracy than polygraph tests. These tests are designed to assess an individual's integrity, attitudes, and tendencies towards dishonest behavior. By evaluating a candidate's responses to various scenarios and questions, honesty tests aim to identify individuals who are more likely to engage in theft or other forms of dishonest behavior.
However, it is important to recognize that honesty tests have limitations. One significant concern is the potential for generating false positives, meaning that honest applicants could be wrongly disqualified based on the test results. This occurs when the test fails to accurately assess an applicant's honesty due to various factors such as stress, anxiety, or interpretation of the questions. False positives can lead to the loss of potential qualified candidates and negatively impact the overall effectiveness of the screening process.
On the other hand, polygraph tests, which measure physiological responses like heart rate, blood pressure, and respiration during questioning, are not considered as accurate indicators of potential employee dishonesty compared to integrity tests. Polygraph tests have faced criticism for their lack of reliability and scientific validity. Factors such as the subjectivity of interpreting results and the potential for countermeasures to manipulate the outcomes have raised doubts about their effectiveness.
In conclusion, while honesty tests may be more accurate in predicting employee theft compared to polygraph tests, they possess a significant potential for generating false positives and disqualifying honest applicants. It is crucial to carefully evaluate the accuracy and reliability of honesty tests before implementing them in pre-employment screening processes. Additionally, it is important to note that polygraph tests are not considered as accurate indicators of potential employee dishonesty compared to integrity tests, due to their limitations and lack of scientific support.
Learn more about honesty tests here:
brainly.com/question/32880157
#SPJ11
Related Questions
What is the best reason for homebuyers to create a budget before taking out a mortgage?
to compare the value of their home with that of their neighbors
to plan how to pay off the money they have borrowed
to set aside enough money to refinance the loan
to figure out how long they can stay in their home
Answers
The best reason for homebuyers to create a budget before taking out a mortgage is to : Plan how to pay off the money they have borrowed.
What is a mortgage?A mortgage is an agreement(legal) between a bank and the buyer in which the bank lends money to the buyer to purchase a house.
When a buyer takes a mortgage, the buyer agrees to pay back the money in full with an agreed interest rate, at a stipulated time.
Types of actions that can be taken with a mortgage are :
Purchase a homeMaintain a homeMaintain other types of real estateTherefore, the best reason for homebuyers to create a budget before taking out a mortgage is to plan how to pay off the money they have borrowed.
Learn more about mortgage here : https://brainly.com/question/1318711
Answer:
b
Explanation:
which of the following would typically be considered a primary stakeholder group? question 4 options: competitors community trade associations special interest groups the mass media
Answers
The concept is Stakeholders, a wide variety of people impacted or invested in the project. The answer is option B, community trade associations.
Primary stakeholders - Those whose continued collaboration is absolutely essential to the survival of the business. i.e. employees, customers, suppliers, and shareholders.
A stakeholder is a person who has an interest in the company and who influences or can influence the company's operations. The main task of a stakeholder is to help the company achieve its strategic goals by bringing their experience and point of view to the project.
You can also provide the necessary materials and resources. Your support is critical to the success of the project. However, as interest in corporate social responsibility has grown, the concept has been expanded to include communities, governments, and industry associations.
Question:
which of the following would typically be considered a primary stakeholder group?
A) competitors
B) community trade associations
C) special interest groups
D) the mass media
To know more about Stakeholders,
brainly.com/question/30245345
#SPJ4
Identify four advantages of an income statement I will give 100 points best answer as brilliant answer
Answers
Answer:
An income statement helps you gain information related to the revenues earned by an organization.
It helps in analyzing if the company is financially healthy in a specific period of time, reducing the time needed for investors to research.
It helps in tracking the performance od the company, whether it is earning profit or if there is something wrong and needs to be fixed.
It measures the success or failure of specific budget areas, so while it helps in determining if a company is financially healthy overall, it also helps determining the health of specific departments and seeing their performance.
Most importantly, it provides and overview of your company's cash flow which is very important. You need to have an idea where money is coming from and where it is going so that you can make adjustments when necessary and cut down on costs as well.
A list of reasons on why could it take 36 years and $61,060 to pay off a $10,000 credit card dept.
Help I need the answer fast
Answers
Answer:
This is due to compound interest on the credit card bills.
Explanation:
Credit card debt of $10,000 is repaid when its due. The bank lends the credit card amount and then charges interest on the debt amount. The compound interest is added to the debt amount and then future value of the debt is greater than the present value.
Bavarian Bar and Grill opened for business in November 2021. During its first two months of operation, the restaurant sold gift cards in various amounts totaling $5,200, mostly as Christmas presents. They are redeemable for meals within two years of the purchase date, although experience within the industry indicates that 80% of gift cards are redeemed within one year. Gift cards totaling $1,300 were presented for redemption during 2021 for meals having a total price of $2,100. The sales tax rate on restaurant sales is 4%, assessed at the time meals (not gift cards) are purchased. Sales taxes will be remitted in January. Required: 1. Prepare the appropriate journal entries (in summary form) for the gift cards and meals sold during 2021 (keeping in mind that, in actuality, each sale of a gift card or a meal would be recorded individually). 2. Determine the liability for gift cards to be reported on the December 31, 2021, balance sheet. 3. What is the appropriate classification (current or noncurrent) of the liabilities at December 31, 2021
Answers
1- Journal Entries: a. November 2021: Cash (or Accounts Receivable) $5,200 Gift Card Liability $5,200
b. December 2021: Cash (or Accounts Receivable) $2,100 Sales Revenue $2,000 Sales Tax Payable $80 Gift Card Liability $1,300
Gift Card Breakage Revenue $100 ($1,300 x 20%)
In November 2021, the restaurant received $5,200 in cash (or accounts receivable) from the sale of gift cards. This results in a liability for the restaurant as the gift cards are redeemable for meals within two years of the purchase date. In December 2021, customers presented gift cards with a total value of $1,300 to pay for meals that cost $2,100. Since the meals were sold in December, the restaurant collected 4% sales tax on the meals ($2,100 x 4% = $80). The $2,000 ($2,100 - $80) received from the customers is recorded as sales revenue, and the sales tax collected is recorded as a liability until remitted in January. The liability for the unredeemed gift cards at the end of the year is $1,300 ($5,200 - $2,100) and is recorded as a liability. The restaurant also recognizes $100 of breakage revenue ($1,300 x 20%) since experience within the industry indicates that 80% of gift cards are redeemed within one year.
2- Liability for Gift Cards:
The liability for gift cards to be reported on the December 31, 2021, balance sheet is $1,300.
3- Classification of Liabilities:
The liability for gift cards should be classified as current liabilities on the December 31, 2021, balance sheet since they are expected to be redeemed within one year.
Learn more about “ Gift Card Revenue “ visit here;
https://brainly.com/question/30610028
#SPJ4
An office supply store can buy a desk for $100. If the store owner sells the desk for $200, what is the markup on cost?
a. 200%
b. 20%
c.50%
d.100%
Answers
The markup cost is 100%, as the store is selling the desk for twice the amount they bought it for. The phrase "markup" refers to the difference between the selling price of a good and its cost; however, the profit percentage is calculated in a different fashion.
The markup on cost is calculated as (selling price - cost) / cost. In this case, the cost of the desk is $100, and it is being sold for $200. So, the markup on cost would be ($200 - $100) / $100 = 100%. Therefore, the correct answer is d. 100%. The markup % calculates the difference among the price of a product to the vendor and the amount the buyer pays. The higher the markup, expressed as a proportion of cost, the more revenue a company makes. The markup shows the discrepancy between the price at which it is sold and the cost of the good to the company. A company generally makes greater profits depending on the markup.
To know more about markup cost, visit:
https://brainly.com/question/31497108
#SPJ11
As long as you have great service, it doesn’t really matter what the exterior of the building looks like.
true or false
Answers
Answer:
false
Explanation:
The look of the exterior of a house does matter because it is what someone first sees when looking at the building so it does matter a lot actually.
Good day to you!
Terry transfers two assets to a partnership on the day it’s created for a 60% partnership interest worth $120,000. She contributed cash = $80,000 and equipment worth $40,000 with an adjusted basis = $16,000. What result?
a.Terry realizes and recognizes a $24,000 gain
c.Terry realizes but does not recognize a $24,000 gain
b.Terry neither realizes nor recognizes any gain
d.Terry does not realize but may elect to recognize a $24,000 gain
Answers
The result of Terry transferring two assets to a partnership on the day it’s created for a 60% partnership interest worth $120,000 with a cash contribution of $80,000 and equipment worth $40,000 with an adjusted basis of $16,000 is that Terry realizes but does not recognize a $24,000 gain.
Option C is the correct answer. Realized gain is defined as the amount that a taxpayer gains from the sale or exchange of property. When an asset is sold or exchanged for more than its adjusted basis, a realized gain occurs. Terry has contributed $40,000 in equipment with an adjusted basis of $16,000. Therefore, Terry has a $24,000 realized gain ($40,000 – $16,000). Terry does not, however, recognize the $24,000 gain.
A gain is recognized when it is included in gross income.
Read more about a partnership here;https://brainly.com/question/14034519
#SPJ11
The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows: Dec. 31, 20Y9 Dec. 31, 20Y8 Assets Cash $70,720 $47,940 Accounts receivable (net) 207,230 188,190 Inventories 298,520 289,850 Investments 0 102,000 Land 295,800 0 Equipment 438,600 358,020 Accumulated depreciation—equipment (99,110) (84,320) Total assets $1,211,760 $901,680 Liabilities and Stockholders' Equity Accounts payable $205,700 $194,140 Accrued expenses payable 30,600 26,860 Dividends payable 25,500 20,400 Common stock, $1 par 202,000 102,000 Paid-in capital: Excess of issue price over par—common stock 354,000 204,000 Retained earnings 393,960 354,280 Total liabilities and stockholders' equity $1,211,760 $901,680 Additional data obtained from an examination of the accounts in the ledger for 20Y9 are as follows: Equipment and land were acquired for cash. There were no disposals of equipment during the year. The investments were sold for $91,800 cash. The common stock was issued for cash. There was a $141,680 credit to Retained Earnings for net income. There was a $102,000 debit to Retained Earnings for cash dividends declared. Required: Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments. Merrick Equipment Co. Statement of Cash Flows For the Year Ended December 31, 20Y9 Cash flows from operating activities: Net income $ Adjustments to reconcile net income to net cash flow from operating activities: Depreciation Loss on sale of investments Changes in current operating assets and liabilities: Increase in accounts receivable Increase in inventories Increase in accounts payable Increase in accrued expenses payable Net cash flow from operating activities $ Cash flows from (used for) investing activities: Cash from sale of investments $ Cash used for purchase of land Cash used for purchase of equipment Net cash flow used for investing activities Cash flows from (used for) financing activities: Cash from sale of common stock $ Cash used for dividends Net cash flow from financing activities Increase in cash $ Cash at the beginning of the year Cash at the end of the year $
Answers
Merrick Equipment Co. Statement of Cash Flows For the Year Ended December 31, 20Y9, increase in cash -$70,780, cash at the beginning of the year $47,940, and cash at the end of the year $70,720.
Cash flows from operating activities:
Net income $141,680
Adjustments to reconcile net income to net cash flow from operating activities:
Depreciation ($99,110 - $84,320) $14,790
Loss on sale of investments ($102,000 - $91,800) $10,200
Changes in current operating assets and liabilities:
Increase in accounts receivable ($207,230 - $188,190) -$19,040
Increase in inventories ($298,520 - $289,850) -$8,670
Increase in accounts payable ($205,700 - $194,140) $11,560
Increase in accrued expenses payable ($30,600 - $26,860) $3,740
Net cash flow from operating activities $154,260
Cash flows from (used for) investing activities:
Cash from sale of investments $91,800
Cash used for purchase of land -$295,800
Cash used for purchase of equipment ($438,600 - $358,020) -$80,580
Net cash flow used for investing activities -$284,580
Cash flows from (used for) financing activities:
Cash from sale of common stock ($202,000 - $102,000) $100,000
Cash used for dividends ($102,000)
Net cash flow from financing activities -$2,000
Increase in cash ($154,260 - $284,580 + $2,000) -$70,780
Cash at the beginning of the year $47,940
Cash at the end of the year ($70,780 + $47,940) $70,720
Learn more about Cash Flows: brainly.com/question/735261
#SPJ11
Two pumps are being considered for pumping water from a reservoir. Installed cost and salvage value for the two pumps are given below:
Pump A Pump B
Installed Cost $20,000 $25,000
Salvage Value 2,000 4,000
Pump A has a service life of 4 years. Determine the service life of pump B at which the two pumps are competitive if the annual effective interest rate is 15 percent. Competitiveness refers to the requirement that the installed cost of the pumps plus the amount that must be invested at the time of installation so that sufficient interest will be earned over the service life (when added to the salvage value) to replace the pumps at the original cost.
Answers
At a service life of approximately 5 years, Pump B becomes competitive with Pump A when approximately $9,356.38 is invested at the time of installation to earn sufficient interest.
To determine the service life of pump B at which the two pumps are competitive, we need to calculate the amount that must be invested at the time of installation for each pump to earn sufficient interest over their respective service lives.
For Pump A:
Installed Cost: $20,000
Salvage Value: $2,000
Service Life: 4 years
The interest that needs to be earned over 4 years is the difference between the installed cost and the salvage value, which is $20,000 - $2,000 = $18,000.
For Pump B:
Installed Cost: $25,000
Salvage Value: $4,000
Service Life: Let's assume it as 'n' years.
To make Pump B competitive with Pump A, the interest earned over 'n' years should be equal to $18,000.
We can use the formula for the future value of a single sum of money to calculate the amount that must be invested at the time of installation for Pump B:
FV = PV(1 + r)^n
Where:
FV = Future value
PV = Present value (amount to be invested)
r = Annual interest rate
n = Number of years
Substituting the given values:
$18,000 = PV(1 + 0.15)^n
To solve for 'n', we can use logarithms or trial and error.
Using trial and error, assuming 'n' as 5 years, we can calculate the present value:
PV = $18,000 / (1 + 0.15)^5
PV ≈ $9,356.38
So, at a service life of approximately 5 years, Pump B becomes competitive with Pump A when approximately $9,356.38 is invested at the time of installation to earn sufficient interest.
learn more about competitive here:
https://brainly.com/question/28189773
#SPJ11
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
For both articles, what can you tell me about the values of Harvard and Entrepreneur?
Answers
The article referenced is "If you want to be an entrepreneur, don't go to Harvard.
What are the values of the Harvard Graduate viz a- viz that of the Entrepreneur?Regardless of the size of the organization, "Core Values" should be prioritized. Values direct the path of business, influencing strategy and decision making. Essentially, basic principles serve as the foundation around which we develop our firm. Core Values provides several advantages to the firm.
Students at Harvard have access to classes, research institutions, and faculty mentors from around the university. It's the ideal location to explore your favorite and yet-to-be-discovered academic interests, with world-renowned teachers, cutting-edge resources, and personalized training.
Learn more about entrepreneurship:
https://brainly.com/question/31087040
#SPJ1
which wheel settings change when you mount the subframe incorrectly in the transverse direction? Check all that apply
TOE
CAMBER
STEERING AXIS INCLINATION (SAI)
CASTER
Answers
The wheel settings that change when you mount the subframe incorrectly in the transverse direction is "CASTER" (Option D)
What is Caster?Caster is the process of aligning a wheel with the direction of travel, which can be performed by caster displacement or caster angle. As with the front wheels of a shopping cart, caster displacement shifts the steering axis forward of the axis of wheel rotation. The steering axis is moved away from the vertical by the caster angle.
The caster angle, also known as the castor angle, is the angular displacement of the steering axis from the vertical axis of a steered wheel of a car, motorbike, bicycle, another vehicle, or watercraft as seen from the side.
Positive caster enhances the responsiveness of your vehicle while negotiating bends and the stability of your car when going at greater speeds. The sole disadvantage of a positive caster is that it increases the amount of effort required to steer your car.
Turning plates and a digital or bubble camber/caster gauge are the two most common methods for measuring caster angles. Measuring the upper and lower wishbone mounting points or the MacPherson strut angle.
Learn more about Wheel Settings:
https://brainly.com/question/11372596
#SPJ1
Explain the importance of international employment
Answers
Answer:
having international workers allow organisation to be connected two other country markets as well.they get to know the best places to get resources and how to approach different countries through being thought business norms and culture by international employees.
Answer:
Employment created through the investment of a country or the partnership of countries is known as international employment. International employment are important to provide employment opportunities to people , help in bringing the investment of foreign capital , increase the pace of economic activities , provide environment to operate with foreign people's knowledge , skill and technology , create variation in material production etc.
When managing in a unionized environment, managers need to remember two words. Bilateral and.
Answers
When someone manages in a unionized environment, they need to always remember the words including Bilateral and Proactive.
In a unionized work-environment, the employers must be enter an individual contracts with the employees since union is the bargaining agent for them.
In a unionized work-environment, the employees who are members of a union enjoys greater job security than the nonunion workers.Hence, when someone manages in a unionized environment, they need to always remember the words including Bilateral and Proactive.
Read more about unionized environment:
brainly.com/question/19360285
Suppose that in Mexico, it takes four labor hours to produce one shirt and 12 labor hours to produce one computer. Suppose that in the United States, it takes four labor hours to produce one shirt and three labor hours to produce one computer. If both countries have 60 labor hours available, completely specialize according to comparative advantage, and trade 7.5 shirts for 7.5 computers, which of the following gives total consumption in the United States after trade?
a. 15 shirts and 20 computers
b. 7.5 shirts and 10 computers
c. 7.5 shirts and 12.5 computers
d. 7.5 shirts and 7.5 computers
Answers
Answer:
c. 7.5 shirts and 12.5 computers
Explanation:
United States have comparative advantage in producing computers while Mexico has comparative advantage in producing shirts. United States have 60 labor hours available which it will use to make computers. It can make total 20 [60 hours / 3 hour per computer] computers. It will trade 7.5 computer for 7.5 shirts then the country will be left with 12.5 computers and 7.5 shirts.
The total consumption in the United States after the trade is 7.5 shirts and 12.5 computers.
The following things should be considered:
The opportunity cost of Producing shirts in Mexico is = 4 ÷ 12 = 0.33. The opportunity cost of Producing shirts in the US = 4 ÷ 3 = 1.33Therefore Mexico should have the comparative advantage in shirts as it contains the lower opportunity cost of producing shirts and the US has the comparative advantage in computers.
Therefore,
US Production of computers = 60 ÷ 3=20 .So, The terms of trade or exchange rate should be 7.5 shirts to 7.5 computers. Thus, the US would trade 7.5 computers and received 7.5 shirts. After the trade, the US will have shirts = 7.5 .So, the Computers = 20 - 7.5 = 12.5Therefore we can conclude that the total consumption in the United States after the trade is 7.5 shirts and 12.5 computers.
Learn more about the trade here: brainly.com/question/8322028
Why can’t a guy just love me, I would give him cuddles , kissed in the forehead , call him baby/ sunshine , let him use my thighs as pillows LOL ( don’t ask ) would play video games with him 24/7 , go to theme parks and have so much fun! I only wish it was real :(
Answers
Answer:
Dont rush anything!
Explanation:
The person who is meant for you will come soon :)
calculate a firm's free cash flow if it has net operating profit after taxes of $60,000, depreciation expense of $10,000, net fixed asset investment requirement of $40,000, a net current asset requirement of $30,000 and a tax rate of 30%.
Answers
A firm's free cash flow if it has a net operating profit after taxes of $60,000, a depreciation expense of $10,000 of Free cash flow is $0
Free cash flow = net operating profit after taxes + depreciation - capital expenditure - increase in working capital
Free cash flow = 60,000 + 10,000 - 40,000 - 30,000
Free cash flow = $0
The term cash drift refers to the net sum of money and coins equivalents being transferred in and out of a corporation. coins acquired represent inflows, while money spent represents outflows. cash flow refers to the net stability of coins getting into and out of an enterprise at a selected factor in time. coins are continuously stepping into and out of a business. for instance, while a retailer purchases stock, money flows out of the business toward its suppliers.
Coins drift from operations is produced from expenses made as a part of the normal direction of operations. Examples of these cash outflows are payroll, the value of goods bought, hire, and utilities. coins outflows can vary notably while business operations are surprisingly seasonal. coins glide perception is based totally loosely on coins glide announcement accounting requirements. The time period is flexible and may confer with time periods spanning over past-future. it could check with the full of all flows involved or a subset of these flows.
To learn more about Cash flows visit here:
brainly.com/question/27994727
#SPJ4
Shroden is a consumer goods manufacturer. It manufactures cookies, batteries, toothpaste, and soap. In the context of operations management, the goods manufactured by Shroden are its _____.
Answers
Answer:
inventory
Explanation:
Every item that is produced or purchased by the business in order to resell it and earn profit through it as a normal purpose of business, is considered as inventory.
In the given instance, Shroden manufactures consumer goods, like cookies, batteries, etc:
And since he targets to sell them and earn profit, all these manufactured products is the inventory of his business.
3. A fine-dining restaurant has been making every- thing from scratch for the five years it has been open; it is the only operation in the area known for scratch- cooking. The management hires a new chef who does a make–buy analysis only to discover that she can get much better pricing on many of her products if she buys them premade. After a tasting comparison, she discovers that the premade products are of high quality and taste only slightly different from her own. Should she switch to the premade products? Would your answer be different if this decision took place when the restaurant first opened?
Answers
Answer:
No
Explanation:
The premade products could have been contaminated with any type of disease because she doesn't know what went inside whereas making it from scratch means she is able to monitor and remove and contaminated product.
:)
An advantage of managing a diverse workforce is. Question 2 options:reduced mistrust and tension. Improved groupthink. A better understanding of diverse markets. The reduced communication of problems. Increased cohesiveness
Answers
The correct option is: A better understanding of diverse markets.
Managing a diverse workforce offers several advantages, including increased innovation, improved problem-solving abilities.
However, one significant advantage is gaining a better understanding of diverse markets.
A diverse workforce brings together individuals from different backgrounds, cultures, and perspectives.
These diverse perspectives can provide valuable insights and unique approaches to understanding and meeting the needs of diverse markets.
By having employees with a range of experiences and cultural understanding, a company can effectively tailor its products or services to meet the specific demands of different customer segments.
Diverse markets often have unique preferences, cultural nuances, and consumer behaviors. By having a diverse workforce, a company can tap into this wealth of knowledge and develop a deeper understanding of the diverse markets they serve. This understanding can lead to more effective marketing strategies, product development, and customer engagement.
Furthermore, managing a diverse workforce can help a company avoid cultural misunderstandings or missteps that may arise when trying to penetrate diverse markets.
Having employees who are familiar with different cultures and can navigate cross-cultural communication can minimize potential pitfalls and build stronger relationships with customers in those markets.
to know more about problem-solving abilities. click this link
brainly.com/question/31997396
#SPJ11
Rolston Music Company is considering the sale of a new sound board used in recording studios. The new board would sell for $26,100, and the company expects to sell 1,460 per year. The company currently sells 1,960 units of its existing model per year. If the new model is introduced, sales of the existing model will fall to 1,780 units per year. The old board retails for $22,000. Variable costs are 56 percent of sales, depreciation on the equipment to produce the new board will be $1,410,000 per year, and fixed costs are $1,310,000 per year.
Answers
Answer:
$8,792,544
Explanation:
Computation for the Annual OCF of the project
First step is to compute the net income
NET INCOME
Sales of new$38,106,000
($26,100×1,460 per year)
Lost sales of old -$3,960,000
[($22,000×1,780)-($22,000×1,960)]
=39,160,000-43,120,000
=-3,960,000
Variable costs $19,121,760
[($38,106,000-3,960,000)×56%]
(34,146,000×56%)
=$19,121,760
Fixed costs $1,310,000
Depreciation 1,410,000
EBIT$12,304,240
($38,106,000-3,960,000-$19,121,760-$1,310,000-1,410,000)
Tax $4,921,696
(40%×$12,304,240)
Net income $7,382,544
($12,304,240-$4,921,696)
Second step is to calculate for the company OCF using this formula
OCF = EBIT + Depreciation – Taxes
Let plug in the formula
OCF=EBIT$12,304,240+Depreciation 1,410,000-Tax $4,921,696
OCF= $8,792,544
Therefore the Annual OCF of the project is $8,792,544
2. Investments that are typically held for short periods of time and sold by the company in the expectation of a profit on the short-term differences in price are classified as a. available-for-sale securities b. trading securities c. held-to-maturity securities d. marketable securities
Answers
Investments that are typically held for short periods of time and sold by the company in the expectation of a profit on the short-term differences in price are classified as trading securities. The correct answer is option b
Trading securities are classified as current assets on the balance sheet because they can be easily converted into cash. They are reported at fair value on the balance sheet, and any changes in their fair value are recorded as unrealized gains or losses in the income statement. The gains or losses are recorded in the period in which they occur.
Trading securities are different from available-for-sale securities and held-to-maturity securities. Available-for-sale securities are investments that are not intended to be held until maturity and are not actively traded. Held-to-maturity securities, on the other hand, are investments that are intended to be held until maturity and are not actively traded.
They are classified as current assets, reported at fair value, and any changes in their fair value are recorded in the income statement. The correct answer is option b
Know more about securities here:
https://brainly.com/question/30365773
#SPJ11
Marco agrees to sell Clowns R Us some balloons. The contract states that Clowns may buy as many balloons as it wishes. This agreement is
Answers
Answer:
c
Explanation:
The agreement between Marco and Clowns R Us is an illusory contract. This is because Clowns R Us is not obligated to buy any balloons.
The contract states that Clowns may buy as many balloons as it wishes, but it does not say that Clowns must buy any balloons.
An illusory contract is not a valid contract because it lacks consideration. Consideration is something that each party gives up in order to make the contract binding.
In this case, Marco is giving up the right to sell balloons to other businesses. However, Clowns R Us is not giving up anything. It is free to buy balloons from other businesses or not buy any balloons at all.
As a result, the contract between Marco and Clowns R Us is not enforceable. If Clowns R Us does not buy any balloons, Marco cannot sue them for breach of contract.
Here are some other examples of illusory contracts:
A contract that states that one party may buy as many widgets as they wish at the price of $1 per widget.
A contract that states that one party may hire the other party for as many hours as they wish at the rate of $1 per hour.
A contract that states that one party may rent a car for as many days as they wish at the rate of $1 per day.
In all of these cases, the party that is not obligated to do anything is not giving up anything in order to make the contract binding. As a result, the contracts are not enforceable.
Learn more about the contract, here:
https://brainly.com/question/32254040
#SPJ4
Suppose utility function of an individual is U-2x-Y. What is the MRS of the indifference curve If P 3 and 2 and Income 1-100, find the optimal choice and maximized utility.
Answers
The optimal choice for this individual is to buy 20 units of x and 10 units of y, which maximizes their utility to 30.
The Marginal rate of Substitution (MRS) represents the amount of one good that an individual is willing to give up in order to gain an additional unit of another good while maintaining the same level of utility.
For the given utility function U = 2x - y, the MRS can be calculated as the ratio of the marginal utility of x to the marginal utility of y. So, MRS = MUx / MUy = 2/1 = 2.
Using the given prices and income, we can calculate the budget constraint as 3x + 2y = 100. To find the optimal choice, we need to find the point where the budget constraint is tangent to the highest possible indifference curve.
This can be found by setting up the Lagrangian equation L = 2x - y + λ(100 - 3x - 2y) and solving for x and y. The solution is x = 20 and y = 10.
At this optimal choice, the utility function will be maximized. The maximum utility can be calculated by substituting x = 20 and y = 10 in the utility function, which gives U = 2(20) - 10 = 30.
To know more about optimal refer here:
https://brainly.com/question/14914110#
#SPJ11
Cost Approach to Value
There are five basic steps to the cost approach:
1. Estimate the value of the site as if vacant.
2. Estimate the reproduction cost or replacement cost (new) of all the improvements (excluding any included as part of the site value).
3. Estimate accrued depreciation from all causes (physical deterioration, functional obsolescence, and external obsolescence).
Answers
The cost approach to value is one of the three main approaches used in real estate appraisal.
It is based on the principle of substitution, which states that a rational buyer will not pay more for a property than the cost of acquiring an equally desirable substitute property. The approach involves five basic steps, starting with estimating the value of the site as if vacant, followed by estimating the reproduction or replacement cost of all the improvements, and then estimating the accrued depreciation from all causes.
The final step involves subtracting the total accrued depreciation from the replacement cost to arrive at the property's value. The cost approach is particularly useful when valuing new or recently constructed properties that do not have a significant sales history.
To learn more about cost approach, visit here
https://brainly.com/question/28871916
#SPJ4
Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock?
Answers
The value of each share if you calculate it as $1,000,000/2,000 =500.
What is stock?A stock is referred to as a kind of ownership of certain items. When an individual holds stocks or shares in the market they are entitled as a stockholder or shareholder and liable for some dividend.
The process of announcing new shares of stock to the people for the first time in a private company is known as an initial public offering (IPO). An IPO allows a company to request equity capital from the general public.
The business has grown as a pre-IPO private company with a very small number of proprietors who own the stock in the company.
Learn more about the initial public offering, here:
brainly.com/question/3068229
#SPJ1
The complete question is Probably
Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock. What is the value of each share if you calculate it as $1,000,000/2,000 =
How did Ray engage in market planning
Answers
Answer:
Ray calculated how much each seat cost to manufacture and set a wholesale price that covered expenses and earned a reasonable profit. After doing so, Ray developed a channel of distribution including wholesalers and retailers to get the theater seats to consumers.
Explanation:
tariff barriers raise the costs of exporting products to a country (or of exporting partly finished products between countries). what is a likely consequence of these barriers? multiple choice this may put a firm at a competitive disadvantage to indigenous competitors in that country. a firm may have to centralize all production activities in their home country. this may put a firm at a competitive advantage to domestic competitors. a firm may have to move all production facilities to another country, but thereby reducing their production costs.
Answers
A likely consequence of tariff barriers is that it may put a firm at a competitive disadvantage to indigenous competitors in that country. option(2)
Tariff barriers are a type of trade barrier that can have significant consequences for businesses. One likely consequence of these barriers is that they may put a firm at a competitive disadvantage to indigenous competitors in the country where the tariffs are applied.
This is because the higher costs of exporting products make it harder for the foreign firm to compete with domestic firms that are not subject to the same tariffs. As a result, the foreign firm may find it difficult to maintain market share or may be forced to lower their prices, which can impact their profitability. In some cases, a firm may have to centralize all production activities in their home country to avoid the tariffs or may have to move production facilities to another country with lower tariffs to reduce their production costs.
Learn more about tariff barriers
https://brainly.com/question/29549008
#SPJ4
Full Question: tariff barriers raise the costs of exporting products to a country (or of exporting partly finished products between countries). what is a likely consequence of these barriers? multiple choice
this may put a firm at a competitive disadvantage to indigenous competitors in that country. a firm may have to centralize all production activities in their home country. this may put a firm at a competitive advantage to domestic competitors. a firm may have to move all production facilities to another country, but thereby reducing their production costs.The income tax rate in a state is a flat 10 percent. Based on that rate, who has the higher tax burden?
Annual Income
Alex – $20,000
Beatrice – $190,000
Julio – $80,000
Roberta – $60,000
Alex
Beatrice
Julio
Roberta
Answers
Answer:
Alex
Explanation:
A flat tax system applies a uniform tax rate to all levels of income. Individuals with low-incomes pay taxes at the same rate as those with a high income.
The flat-rate system places a higher burden on individuals with a low income. After the tax is deducted, they remain with relatively less disposable income as compared to an individual with high income. Alex will have the highest tax burden. He earns almost ten times less than Beatrice, yet they pay taxes at the same rate.