Answer:bruh
Explanation:
Explain the merits, and why we would expect to see a correlation between GDP and financial well-being.
We would expect to see a correlation between GDP and financial well-being because Economic Growth, Income Generation, Consumer Spending, Investment Opportunities and Social Welfare Programs.
The correlation between GDP (Gross Domestic Product) and financial well-being can be attributed to several merits and factors. Here's an explanation of why we would expect to see a correlation between GDP and financial well-being:
Economic Growth: GDP is a measure of a country's economic output or production. When the GDP of a country is growing, it indicates a healthy and expanding economy. Income Generation: GDP growth is typically associated with increased income generation across various sectors of the economy. As businesses expand and create more job opportunities, individuals have a higher chance of finding employment and earning income. Consumer Spending: GDP growth often corresponds to increased consumer spending. When the economy is performing well, people tend to have more disposable income, which they can use to purchase goods and services. Increased consumer spending contributes to business revenue, job creation, and overall economic activity.Investment Opportunities: A growing GDP attracts domestic and foreign investments. When the economy is expanding, businesses and investors see opportunities for profitability and growth. Increased investment leads to the creation of new businesses, expansion of existing ones, and the development of infrastructure. Social Welfare Programs: Higher GDP often provides governments with more resources to invest in social welfare programs. These programs include healthcare, education, social security, and poverty alleviation initiatives.For such more question on Economic:
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High Desert Potteryworks makes a variety of pottery products that it sells to retailers. The company uses a job-order costing system in which departmental predetermined overhead rates are used to apply manufacturing overhead cost to jobs. The predetermined overhead rate in the Molding Department is based on machine-hours, and the rate in the Painting Department is based on direct labor-hours. At the beginning of the year, the company provided the following estimates:
The Molding Department's predetermined overhead rate will be calculated using machine-hours as the base. The variable manufacturing overhead rate is already given as $2.00 per machine-hour.
What is overhead rate?An expense related to the creation of a good or service is the overhead rate. Overhead expenses include things like the price of the corporate headquarters that aren't directly related to productivity.
In order to distribute or allocate the overhead costs depending on certain metrics, an overhead rate is applied to the direct production-related costs. Overhead expenses or expenses not directly related to the creation of a good or service are known as indirect costs.
Any measurement that is required to produce the good or service is an allocation measure. For a specific product or time period, it might be the number of machine or direct labor hours.
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How do you build and maintain a positive credit history that leads to a high credit score? What changes could you make to improve yours?
Building and maintaining a positive credit history requires responsible borrowing and timely payments. To improve your credit score, you should pay your bills on time, keep your credit utilization low, maintain your credit accounts, diversify your credit mix, and avoid applying for too many credit accounts.
A credit score is a three-digit number that reflects your creditworthiness. It indicates how well you manage your finances and repay your debts. A high credit score indicates that you are a responsible borrower and are less likely to default on your loans.
As a result, you are more likely to be approved for loans and credit cards, and you will receive lower interest rates. Here are some ways to build and maintain a positive credit history that leads to a high credit score:
Pay your bills on time: Late payments have a significant impact on your credit score. To avoid late payments, set up automatic payments or payment reminders.
Keep your credit utilization low: Credit utilization is the percentage of your available credit that you use. To maintain a good credit score, it is recommended that you keep your credit utilization under 30%.
Keep your credit accounts open: The length of your credit history is an essential factor in determining your credit score. Therefore, it is recommended that you keep your credit accounts open as long as possible and use them regularly. However, if you have too many credit accounts, consider closing the ones that you don't use.
Improve your credit mix: Having a mix of different types of credit, such as credit cards, auto loans, and mortgages, can help improve your credit score.
Therefore, if you only have one type of credit, consider adding another type to your credit mix. Avoid applying for too many credit accounts: Applying for too many credit accounts in a short period can negatively impact your credit score.
Therefore, it is recommended that you only apply for credit when you need it and space out your applications over time.
In conclusion, building and maintaining a positive credit history requires responsible borrowing and timely payments. To improve your credit score, you should pay your bills on time, keep your credit utilization low, maintain your credit accounts, diversify your credit mix, and avoid applying for too many credit accounts.
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Answer:The best way to build a credit history is to borrow responsibly and open lines of credit through credit cards, home and or car loans. Once these lines of credit are open you want to maintain timely payments monthly as well as maintaining your monthly bills, so they do not go into collections. These monthly bills are things such as utilities and medical bills. This will help establish credit history and the longer these lines are open and have on-time payments you will gain and build your credit score. You want your utilization of the credit lines to remain low, not max them out and avoid having too many open lines. Another way to protect and a healthy score to avoid too many credit inquiries especially hard inquiries.
Some changes I would make to mine would be to pay off the accounts I have in collections, open one or two secure cards while only using a small percentage of the available credit and make the minimum monthly payment. and start making early payments to my student loans. Once I have accomplished this, I would like to finance a new vehicle and maintain on time and or early monthly payments.
Explanation:
Select the education and qualifications that are most helpful for Warehousing and Distribution Center Operations careers. Check all that apply.
high school degree
stamina
leadership
patience
concentration skills
associate degree
creativity
Answer:
High school degree
Stamina
Patience
Concentration skills
Explanation:
Just did it on edg.
The education and qualifications that are most helpful for Warehousing and Distribution Center Operations careers are:
High school degreeStaminaPatienceConcentration skillsWhat is Warehousing and Distribution Center Operation?Distribution centers offer value-added services such product mixing, order fulfilment, cross-docking, kitting, and packing in addition to the primary function of storing items in warehouses. Distribution centers, in contrast to warehouses, also only keep the necessary quantity of goods for a shorter amount of time.
Because they primarily support B2B enterprises as a conduit between suppliers and customers, distribution centers are more customer-centric. Distribution centers are in charge of effectively meeting customer demands and expectations; warehouses are in charge of safely keeping products.
Operations at distribution centers are therefore more complicated than those at warehouses. Distribution centers use state-of-the-art technology for order processing, inventory management, warehouse management, and transportation management.
Define concentration."The ability to direct your thinking in any direction you choose and to hold it for as long as you choose" is the definition of concentration.
Concentration is the capacity to narrow the field of awareness to one particular idea or subject while rejecting all other distractions.
One of the most crucial skills anybody should have is the capacity to concentrate. However, the majority of people find it difficult to focus. They frequently can't focus on one thing for a reasonable amount of time since their attention tends to wander.
This is a problem that can be solved. The capacity for concentration can be improved, just like any other talent. A person who practices mental discipline may concentrate without being interrupted by thoughts, sounds, or anything else.
While you might occasionally appear to be reading or concentrating on your work, if your attention is diverted you probably won't be able to retain the information for long enough to use it properly to produce something intelligible.
If you find the subject matter to be "boring," you're too sleepy or hungry, you have too much on your plate, you lack motivation for a long-term or short-term goal, or you're very concerned or worried and easily distracted, your ability to focus may be affected.
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The coupon rate on a debt issue is 9%. If the yield to maturity on the debt is 8%, what is the after-tax cost of debt in the weighted average cost of capital if the firms tax rate is 35%?
The after - tax cost of debt, based on the firm's tax rate and the yield to maturity is 5.2 %
How to find the after - tax cost of debt?The after - tax cost of debt refers to the interest rate paid on the debts that a company has, after the tax has been adjusted for. This is an important rate because debt is a tax deductible expense.
The after - tax cost of debt is found by the formula:
= Cost of debt x ( 1 - tax rate)
The cost of debt is the yield to maturity.
The after - tax cost of debt is:
= 8 % x ( 1 - 35%)
= 5.2%
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the amount of accelarated death benefits that will be paid to an insured
Answer:
hope this will help you
Explanation:
Accelarated death benefits can be as high as 95% of the death benefits. Typically the insurance company sets a maximum benefit account based on life expectancy and , the policyholder make the final decision of how much a finanical advance they require. Accelarated death benefits are not taxed
i have a resturant which is famous for hydrabdi biryani but the ingredients are not avilable in the resturant suddenly if the guest will be came how i will manage it
Choose the cultures that display the Latin American enthusiasm for dance. Brazil Mexico Scotland Wales
Answer:
Mexico and Brazil
Explanation:
They are both countries known for Latin America
What is the purpose of blockchain technology?
The purpose of blockchain technology is to provide a decentralized and transparent system for recording and verifying transactions or information. It is a distributed ledger technology that allows multiple parties to maintain a shared database without the need for a central authority. Overall, blockchain technology provides a robust and secure framework for businesses to enhance security, transparency, efficiency, and trust in their operations, leading to improved processes and better customer experiences.
The main purpose of blockchain technology is to create a distributed and secure ledger of transactions. Some key aspects of blockchain technology include:
Distributed - The blockchain is distributed across a network of computers instead of being stored in a centralized location. This makes it more resistant to data tampering and hacking.
Secure - Blockchain uses cryptographic techniques to ensure the integrity and security of the data. Once a transaction is recorded, it is very difficult to change or hack the data.
Transparent - All transactions recorded on the blockchain are publicly visible to anyone with access to the network. This transparency helps prevent fraudulent activities.
Automatic - Blockchain uses a distributed consensus mechanism to automatically validate transactions. There is no need for a central authority or intermediary.
Immutable - Once a transaction is recorded on the blockchain, it is almost impossible to change. This immutability provides a high degree of certainty for transactions.
The main applications of blockchain technology are:
Digital currency - Blockchain underlies cryptocurrencies like Bitcoin which are decentralized digital currencies.
Financial transactions - Blockchain can be used to record financial transactions in an efficient, secure and transparent manner.
Supply chain management - Blockchain can track materials, payments and documents throughout supply chains.
Smart contracts - Self-executing contracts can be embedded in the blockchain to automatically execute terms of agreements.
Asset registry - Assets like land titles, jewelry, artwork, etc. can be recorded on a blockchain to prove ownership and authenticity.
In summary, the key purpose of blockchain technology is to create an incorruptible digital ledger of data that is distributed across a network. This makes the data secure, transparent and permanent.
what attributes are in a good landing experience
Answer:
Relevant and original content, Easy to navigate, Transparent about the client's business are the attributes that describe a good landing page experience. A good landing page experience means that users can quickly find the necessary information, and the provided materials are useful.
Explanation:
leaders/wells-fargo-ceoblames-broken-culture-on-consumer-abuses-during-capitol-hill-testimony. Based on the case, before Scharf took over at Wells Fargo, decision making at the bank was more
Before Scharf, decision-making at Wells Fargo was characterized by a toxic sales culture, lack of oversight, and a failure to prioritize customer well-being.
Before Charles Scharf took over as CEO of Wells Fargo, decision-making at the bank was characterized by a lack of proper oversight, accountability, and a toxic sales culture that prioritized aggressive cross-selling and meeting sales targets at the expense of customer well-being.
The bank faced a series of scandals and consumer abuses, including the opening of unauthorized accounts and the imposition of unnecessary fees on customers.
Under previous leadership, there was a failure to establish a strong ethical framework and ensure that employees were adequately trained and supervised.
There was a lack of emphasis on compliance and risk management, which allowed unethical practices to go unchecked. Additionally, the bank's decentralized structure contributed to a lack of cohesive oversight and control.
The broken culture at Wells Fargo resulted in severe reputational damage, significant financial penalties, and loss of customer trust.
Scharf, upon assuming the role of CEO, has acknowledged these issues and has been working to address them by implementing measures to change the bank's culture, enhance compliance, and improve risk management.
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The sticker price for a new car takes into account the compensation made to the salesperson who managed the sale. This compensation is an example of what type of cost?
A): dealer cost
B): shipping cost
C): manufacturing cost
D): sales commission
Answer:
D
Explanation:
cuz its D
This compensation is an example of sales commission cost. Thus, option D is correct.
What is manufacturing cost?The expenses incurred during the creation of a product are known as manufacturing costs. Direct material, direct labor, and manufacturing overhead costs are included in these expenses. Normally, the costs are shown as separate line items in the revenue statement. These expenses are incurred by an entity during the production process.
The materials employed in a product's construction are referred to as direct materials. The amount of the production process's labor costs that is specifically attributed to a unit of production is known as direct labor. The application of manufacturing overhead costs to units of production depends on many alternative allocation schemes, such as the number of direct labor hours or machine hours used.
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. A firm has $5 billion outstanding in long-term bonds. The firm currently has sufficient cash flow to make the scheduled coupon payments but would struggle to make those payments in the future if a substantial weakening of the economy occurs. The most likely rating on these bonds is:
a. B.
b. CCC.
c. AAA.
d. BBB.
The most likely rating for these bonds would be CCC based on the information supplied. As a result, choice (B) is a correct response.
The most probable rating for these bonds, according on the information given, is CCC. According to the presented scenario, the company might have trouble making future coupon payments if the economy significantly weakens. This implies that the company's financial health and credit standing may be in jeopardy.
Bonds with a CCC rating often have a very high credit risk, meaning there is a high chance they will fail or have payments fall behind schedule. This grade is in line with the described circumstances and expresses worries about the firm's capacity to pay its debts in the future.
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Which of these stores uses fulfillment center?
A) Comet Dry Cleaner
B) Dunkin’ Donuts
C) Amazon
D) 7-11
The store which uses the fulfillment center is Amazon.
The order fulfillment center is seen as the customer of packaging, receptacles, or of the sections of canisters which it employs to maintain, safeguard, and contain the products which it packages. So, Fulfillment by Amazon (FBA) is a service which tends to allow businesses in order to outsource order fulfillment to Amazon.
Here, there are several business which send products to Amazon fulfillment centers and when a customer makes a purchase, we pick, we pack, and then we ship the order. Thus, they also provide customer service and process returns for the orders placed.
Hence, option C is correct.
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During March, a firm expects its total sales to be $160,000, its total variable costs to be $95,000, and its total fixed costs to be $25,000. The contribution margin for March is: Multiple Choice
Answer:
$65,000
Explanation:
contribution margin = total sales revenue - total variable costs = $160,000 - $95,000 = $65,000
if you want to calculate the contribution margin per units, all you need to do is divide the total contribution margin by the total number of units sold.
for example, if total units = 10,000
contribution margin per unit = $65,000 / 10,000 = $6.50
A Market share is usually stated as a
Answer:
stock
Explanation:
a stock is a a share of a company
The study of economics is nothing but the study of a tree and a forest. Discourse with respect to branches of economics
The study of economics involves the examination of individual components represented by branches and the analysis of the broader system represented by the forest.
How does the study of economics relate to a tree and a forest?Just as a tree consists of various branches that connect and support each other, the study of economics comprises different branches that explore specific aspects of the economy. These branches including microeconomics, macroeconomics and international economics focus on understanding and analyzing elements of economic behavior and systems.
The interplay between the various branches of economics contributes to comprehensive understanding of how individual economic decisions and activities collectively shape the broader economic system. By studying both the branches and the forest, economists can gain insights into the intricate relationships.
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1. Defining corporate mission can be the most important step in strategic planning. Discuss the characteristics of a good mission and how it can help the organization reach its objectives. Give examples.
A corporate mission is a statement that defines the purpose and purpose of an organization. Defining a good mission statement is an important step in strategic planning because it provides clear direction for the organization to achieve its goals. It is important to have a clear objective for the organization.
What informs the characteristics of a good mission statement?A good mission statement is clear, concise and easy to understand. It should be specific about the organization's products, services and target market, realistic and achievable, and have a time frame or deadline for achieving its goals.
A good mission helps an organization achieve its goals in several ways. It provides a clear direction for the organization to follow, motivates employees and stakeholders to work towards a common goal, drives decision making and resource allocation, and builds a strong brand and reputation.
For example, a research engine such as g.o.o.g.l.e's mission statement is to organize all of the world's information and make it universally accessible and usable.
A.m.a.z.o.n's mission is to be the most customer-centric company in the world, where customers can find and discover anything they want to buy online. He has helped Amazon build a strong brand and reputation.
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The initial cash outlay of a project is X is Rs 100,000 and it can generate cash inflow of Rs 40,000, Rs 30,000, Rs 50,000 and Rs 20,000 in year 1 through 4. Assume a 10 per cent rate of discount. Assume that a project Y requires an outlay of Rs 50,000 and yields annual cash inflow of Rs 12,500 for 7 years at the rate of 12%.
On the net present value analysis, project Y is expected to generate a higher return on investment compared to project X.
To evaluate the two projects, X and Y, we will calculate their net present value (NPV) using the given cash inflows, discount rate, and initial cash outlay.
For project X:
The cash inflows for each year are Rs 40,000, Rs 30,000, Rs 50,000, and Rs 20,000 for years 1 through 4, respectively.
The initial cash outlay is Rs 100,000.
The discount rate is 10%.
To calculate the NPV, we discount each cash inflow to its present value using the discount rate and subtract the initial cash outlay:
NPV(X) = (40,000 / (1 + 0.10)^1) + (30,000 / (1 + 0.10)^2) + (50,000 / (1 + 0.10)^3) + (20,000 / (1 + 0.10)^4) - 100,000
Simplifying the calculations:
NPV(X) = 36,363 + 24,793 + 34,979 + 13,167 - 100,000
= 9,302
The net present value (NPV) for project X is Rs 9,302.
For project Y:
The cash inflow for each year is Rs 12,500 for 7 years.
The initial cash outlay is Rs 50,000.
The discount rate is 12%.
Using the same formula as above, we calculate the NPV for project Y:
NPV(Y) = (12,500 / (1 + 0.12)^1) + (12,500 / (1 + 0.12)^2) + ... + (12,500 / (1 + 0.12)^7) - 50,000
Simplifying the calculations:
NPV(Y) = 11,161 + 9,960 + 8,888 + ... + 3,637 - 50,000
= 11,042
The net present value (NPV) for project Y is Rs 11,042.
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As a student of Business Ethics and a managing director of a multinational company, discuss five (5) factors you will consider in managing the multi-cultural and diversified workforce in Ghanaian business organizations.
Communication, ethics, conflict management, learning, and inclusion are some issues to consider when leading a multicultural and diversified workforce in Ghanaian business organizations.
How do you lead a multicultural team?In order to foster a culture that celebrates variety and individuality, it is crucial that there be a number of rules and procedures that concentrate on organizational ethics. The manager must be aware of the requirements of the teams, encourage learning, and include the staff in organizational procedures.
Therefore, the sharing of knowledge, learning, and creativity can benefit from a diverse culture.
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List and explain the five steps of the Inductive outline. When do you use it in business communications?
The inductive outline is commonly used in business communications such as reports, proposals, and presentations. It is particularly useful when presenting a complex idea or argument and when you want to persuade your audience to take a specific action or make a decision.
Introduction: This is where you introduce the main topic or idea. In this step, you should grab the reader's attention and set the stage for what's to come.
Background: This step provides the necessary context for the main idea. It is where you explain the history, background, and context of the topic you are discussing.
Evidence: This step is where you present evidence to support your main idea. You should provide facts, statistics, anecdotes, and other evidence that support your argument.
Analysis: In this step, you analyze the evidence you presented in the previous step. You should explain how the evidence supports your main idea and address any counterarguments.
Conclusion: The final step is the conclusion, where you summarize your main points and reinforce your argument. You should leave the reader with a clear understanding of your argument and why it is important.
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Andrew bought a house and furnished it. He spent $2000 on furniture and décor at Brenda’s store, with the amount due in ninety days. At the end of ninety days, Andrew cannot pay Brenda and asks for more time. Brenda waits two more months, during which time Andrew generates significant credit card debt which he does not pay when due. Brenda grows tired of waiting and petitions for involuntary bankruptcy of Andrew. Will it be granted?
No, because Andrew is not yet in serious debt
No, because Brenda is the only creditor petitioning the court
Yes, because any failure to pay a debt when it is due will lead to involuntary bankruptcy
Yes, because Andrew has $2000 in debt and did not pay his debt when it was due
No, because Andrew has not made any fraudulent transfer or preference
Answer:Yes because he has 2,000 in dept and did not pay his dept when it was due
Explanation: your welcome
Dear God, the girl reading this is kind and I'm proud of her. Please help her live life to the fullest and bless her in her chosen field. Now, you're on the clock.❤❤❤ In 9 minutes something will make you happy. Please share this with 15 girls you love. Remember,only for girls. If I don't get this back I'm obviously not a close friend. Now, I have a game for you, it's been played since 1977. Once you read this, you have to send it to 15 people. Your next 5 days will be like this: Day 1 - you will wake up to the biggest shock of your life. Day 2 - you will cross paths with an old friend you have missed. Day 3 - you will find yourself with a lot of money. Day 4 - your day will be perfect. Day 5 - the person u like the most in your life will spend lots of time with you. If you don't forward this, your next 5 days will be the exact opposite.♣️♣️♣️ Don't break this.
Answer:
What?
Explanation:
what tax event must take place when a taxpayer receives a Form 1099-A?
Sales Management N5
Sales Management N5 equips students with the knowledge and skills necessary to effectively lead and manage a sales team
Sales Management N5 typically refers to a specific course or module within a sales management curriculum. This level of sales management education focuses on developing the knowledge and skills necessary to effectively manage a sales team and achieve sales objectives.
In this course, students learn various aspects of sales management, including sales planning, sales organization, sales forecasting, sales budgeting, sales training and development, sales force motivation, and sales performance evaluation. The aim is to provide students with a comprehensive understanding of the sales management process and equip them with the tools to lead and motivate a successful sales team.
Sales Management N5 emphasizes the importance of strategic planning and aligning sales activities with the overall organizational goals. Students learn how to develop sales strategies, set sales targets, and create sales plans that guide the actions of the sales team. Additionally, they gain insights into effective sales organization structures, including territory management, key account management, and sales force specialization.
The course also covers sales forecasting and budgeting, teaching students how to predict future sales trends and allocate resources accordingly. Sales training and development play a crucial role in Sales Management N5, as students learn how to enhance the knowledge, skills, and competencies of their sales team through training programs and coaching initiatives.
Sales force motivation is another key aspect covered in this course, focusing on techniques to inspire and incentivize sales representatives to achieve their targets. Sales performance evaluation is explored to assess individual and team performance, identify areas for improvement, and recognize high performers.
Overall, Sales Management N5 equips students with the knowledge and skills necessary to effectively lead and manage a sales team. By understanding the sales management process and mastering key strategies, students are prepared to drive sales growth, optimize performance, and contribute to the overall success of the organization.
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You are a supplier of peanuts. your research department estimates that the price elasticity of demand for peanuts is 2.5. by what percentage will quantity demanded rise if you lower price from $4 to $2?
Here's link to the answer:
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Lecture Questions
Question 1
The Baker Company manufactures a product in a single process. The following information is
available:
Input material 5,000 kilos valued at $18,000
Material added $4,000
Direct labour cost incurred $14,000
Manufacturing overhead incurred $20,500
Normal losses 10% of input
Scrap value of losses $5.00 per unit
Units completed and transferred out 4,300 units
i) Calculate the cost per completed unit
ii) What is the value of the units completed and transferred to finished goods?
iii) What is the value of the unexpected losses?
iv) What is the manufacturer’s true loss?
v) Prepare the journal entries necessary to record the assignment of direct materials and
direct labour and the allocation of manufacturing overhead to the process. Also, give
the journal entries for the transfer of units completed to Finished Goods Inventory.
The following are the questions' answers:
$12.56 is the price per finished product.$54,008 is the total cost of finished and transferred units.Losses at scrap value equal $1,000.The real loss to the manufacturer is $5,280.What precisely are anticipated and unanticipated losses?The amount a bank anticipates losing when offering credit to its customers on average over a predetermined time period is known as the expected loss. Unexpected loss is the term used to describe how unpredictable credit losses are in comparison to their forecasted loss. After estimating its expected loss, a bank sets up credit reserves.
i) Calculate the cost per completed unit:
To calculate the cost per finished unit, we must first calculate the total cost of production and divide it by the number of finished units.
Total cost of production = Input material cost + Material added + Direct labour cost + manufacturing costs
= $18,000 + $4,000 + $14,000 + $20,500
= $56,500
Normal loss = 10% of input = 0.10 * 5,000 kilos = 500 kilos
Actual completed units = Total input units - Normal loss units = 5,000 - 500 = 4,500 kilos
Cost per completed unit = Total production expense / actual finished products
= $56,500 / 4,500
= $12.56
ii)
Value of finished and transferred units = Total number of finished and transferred units X Price per finished item
= 4,300 * $12.56
= $54,008
iii)
Given that the real number of finished units is 4,500 and the typical loss is 10% of input, the actual loss is 200 kg. (5,000 input units - 4,300 completed and transferred out - 500 normal loss units).
Scrap value of losses = 200 units X $5.00 per unit
= $1,000
iv)
real loss to the manufacturer = (Normal losses X Cost per completed (unit)) - Scrap value of unexpected losses
= (500 units * $12.56) - $1,000
= $6,280 - $1,000
= $5,280
v)
Choosing a direct material:
Work in Process Inventory- (dr.) $22,000
Raw Materials Inventory $22,000
Providing direct labor:
Work in Process Inventory- (dr.) $14,000
Wages Payable $14,000
Cost of manufacturing overhead distribution:
Work in Process Inventory- (dr.) $20,500
Manufacturing Overhead $20,500
Transfer of finished units to the Inventory of Finished Goods:
Finished Goods Inventory- (dr.) $54,008
Work in Process Inventory $54,008
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For each of the following situations, indicate what type of audit report is most appropriate:
a. The auditor lacks independence in fact, but not necessarily in appearance.
b. There is a scope limitation and it is material but the overall financial statements are still presented fairly.
c. The uncorrected misstatements are immaterial.
d. There is a departure from GAAP and it is pervasively material.
( Accounting Auditing)
For each of the following situations, the audit report is most appropriate is given below:
a. Disclaimer
b. Qualified
c. Unqualified/Unmodified
d. Adverse
What is an audit report?
An auditor's report is a formal opinion, or disclaimer thereof, published by an internal auditor or an independent external auditor as a consequence of an internal or external audit, as an assurance service to allow the user to base choices on the audit's findings.
The majority of the financial statements prepared for a calendar year or twelve months are covered by the auditor's view. The stakeholders, management, investors, and board of directors then use this report.
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Mary, Ellen, and Doug are co-workers. Mary frequently makes sexual comments to
Doug and comments on his physique. Doug seems to find this amusing, but Ellen
finds it offensive.
True or False: Ellen is not a victim of harassment because none of Mary's comments
are directed at her.
True "Ellen is not a victim of harassment because none of Mary's comments are directed at her." Option A
Who is a victim of harassment?
Generally, It is possible for anybody, regardless of factors such as race, color, age, religion, ancestry, or se/xual orientation, to be the target of harassment or discrimination.
People who are impacted by the harassment might be victims, bystanders, or even witnesses in certain instances.
All of these people are considered to be engaged. There are instances of discrimination and harassment that were not done intentionally.
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In order to take advantage of the power of compound interest, what should you do with the interest an investment produces? (Select the best answer.) In order to take advantage of the power of compound interest, what should you do with the interest an investment produces? (Select the best answer.) Spend it.Put it in a savings account.Withdraw it.Reinvest it
In order to take advantage of the power of compound interest, the interest an investment produces you should Reinvest it. Option B
What is the investment?Generally, To reinvest one's money is to place it once again in a financial vehicle that will generate interest.
To put it another way, compound interest is just interest on top of interest. When compared to the pace at which the sum would grow via simple interest, this method results in a far more rapid rise.
An asset or object that is purchased with the intention of earning income or appreciating in value is known as an investment. The term "appreciation" refers to the process through which the worth of an item rises over the course of time.
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