If a culture is described as masculine, it means that it places a higher value on traits and behaviors that are traditionally associated with masculinity, such as assertiveness, competition, and achievement.
In such cultures, these traits are often seen as desirable and are encouraged in both men and women.
One of the key characteristics of a masculine culture is its emphasis on assertiveness. In this type of culture, individuals are expected to be competitive, ambitious, and assertive. This means that people are encouraged to be confident, take risks, and speak up for themselves. This can be seen in the workplace through assertive communication, negotiation, and conflict resolution.
Another aspect of a masculine culture is its focus on performance and achievement. In such cultures, success is often measured by tangible results, such as sales figures or market share. This means that people are encouraged to work hard, set goals, and be driven to achieve success. This can lead to a high level of competition in the workplace, as individuals strive to outperform their colleagues and meet or exceed targets.
A masculine culture also often emphasizes autonomy, which means that employees are given a high degree of independence in their work. This can be seen in the way that tasks and responsibilities are assigned, with individuals expected to take ownership of their work and be self-motivated. This can lead to a high level of creativity and innovation in the workplace, as people are encouraged to think outside the box and come up with new ideas.
In conclusion, a masculine culture is characterized by a focus on assertiveness, achievement, and autonomy. This type of culture can enhance organizational effectiveness by promoting competition and driving individuals to perform at a high level. However, it is important to recognize that this type of culture may not be suitable for everyone and can sometimes lead to a stressful or high-pressure work environment. Organizations should consider the needs and preferences of their employees when designing their organizational culture and aim to strike a balance between masculine and feminine traits to promote a positive and healthy work environment.
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Answer:
If your culture is a masculine culture, it refers to the extent to which workers emphasize assertiveness and focus on the future. Masculine cultures typically encourage workers to take risks, take initiative, and be independent and assertive in their decision-making. This can enhance organizational effectiveness by giving employees a sense of autonomy and clear goals to work towards.
in the circular-flow model firms: please choose the correct answer from the following choices, and then select the submit answer button. answer choices sell goods and services in the markets for goods and services. sell goods and services in factor markets. buy goods and services in factor markets. buy goods and services in the markets for goods and services.
The circular flow model demonstrates how money contributes to the transformation of inputs into finished goods and services, which are subsequently exchanged with consumers in exchange for further funds.
This money enables businesses to enhance their output and capacity for profit while also continuing to produce these goods and services. Understanding the flow of money within an economy is the fundamental goal of the circular flow model. It divides the economy's key actors into two groups: families and companies. It distinguishes between the markets for goods and services and the markets for the inputs to production on which these participants trade. For more accurate cash flow tracking, more sectors can be included.
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among the various performance appraisal techniques, behaviorally anchored rating scales is the only one based on actual observable job behaviors. question 8 options: true false
True. Behaviorally anchored rating scales (BARS) is a performance appraisal technique that is based on actual observable job behaviors.
It links specific, observable and measurable job behaviors with performance dimensions, and then assigns a numerical rating to each behavior. This method provides a clear connection between job performance and the behaviors that lead to successful job performance. In contrast, other performance appraisal techniques, such as graphic rating scales, ranking methods and forced distribution, rely on subjective evaluations of an employee's overall performance, and may not necessarily be based on observable job behaviors.
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financial analysts forecast best buy company (bby) growth for the future to be 16.00 percent. their recent dividend was $1.89. what is the value of their stock when the required rate of return is 17.33 percent?
The value of Best Buy's stock is $142.11 when the required rate of return is 17.33 percent and the forecasted growth rate is 16.00 percent.
To find the value of Best Buy's stock, we can use the Gordon Growth Model, which is expressed as follows:
Value of Stock = Dividend / (Required Rate of Return - Dividend Growth Rate)
In this case, the dividend is $1.89 and the required rate of return is 17.33 percent. The dividend growth rate can be calculated as follows:
Dividend Growth Rate = Forecasted Growth Rate / 100
Dividend Growth Rate = 16.00% / 100 = 0.16
Now we can plug in the values and solve for the value of the stock:
Value of Stock = $1.89 / (0.1733 - 0.16)
Value of Stock = $1.89 / 0.0133
Value of Stock = $142.11
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Firms that want to start getting into a global market with the least amount of investment possible will most likely begin with ________.
a. global sourcing
b. a strategic alliance
c. national culture
d. global Leadership
Firms that want to start getting into a global market with the least amount of investment possible will most likely begin with global sourcing.
Worldwide sourcing is most likely where Firms who wish to enter a global market with the least amount of expenditure start. Through global sourcing, businesses may get products and services from other nations for less money. Since there is no need for the corporation to develop factories or recruit personnel abroad, there is little investment required. Additionally, by diversifying their supply base, organisations may lessen their reliance on a single source. Worldwide sourcing may be a successful strategy for breaking into the global market and achieving cost savings, but it also has significant hazards, including issues with quality control and political unrest in the area of source.
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which of the following response or responses to the mccormick pepper case demonstrate a utilitarian analysis? which of the following response or responses to the mccormick pepper case demonstrate a utilitarian analysis? mccormick's decision to put less pepper in the same sized can and to charge the same amount is unethical because they knew that most of their customers would not notice and so mccormick was intentionally trying to use customers as a means to an end. mccormick's decision to put less pepper in the same sized can and to charge the same amount is ethical because they put the correct amount clearly on the front of the can and so were not intentionally trying to use customers as a means to an end. mccormick's decision to put less pepper in the same sized can and to charge the same amount is unethical because the long term costs of expensive lawsuits and damage to reputation for mccormick outweighs the short term positive benefit of the revenue increase. mccormick's decision to put less pepper in the same sized can and to charge the same amount is ethical because the negative impact to the customer is so small and the major revenue increase to mccormick is substantial.
Thru the fairness assessment, those who declared that Mc Cormik's actions seem to have been unethical. Option B and C are not correct because option A is correct.
Watkins used a deontological argument to file a lawsuit Mc Cormiks for not following the'slack - fill' labeling rule, as the assertion must have been strictly based on Mc Cormiks' motive, as they were also attempting to break the rule that many others accompanied.
What is utilitarianism's conclusion?
Finally, utilitarianism is a sound, rational, and coherent theory. Utilitarian ethics adheres to the rules of greatest happiness. Human beings, in accordance with this law, strive to minimize suffering while increasing happiness. As a result, a morally appropriate approach must produce the most enjoyment possible.
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providing services to customers on account for $100 is recorded as transaction account title debit credit a. accounts receivable 100 service revenue 100 b. cash 100 accounts receivable 100 c. service revenue 100 accounts receivable 100 d. service expense 100 accounts payable 100
The correct option is (a), Accounts Receivable is debited for the amount owed by the customer for services provided, and Service Revenue is credited for the amount of revenue earned from providing the services.
Providing services to customers on account for $100 is recorded as follows:
Transaction Account Title Debit Credit
Providing services on account Accounts Receivable $100
Providing services on account Service Revenue $100
The correct option is (a), Accounts Receivable is debited for the amount owed by the customer for services provided, and Service Revenue is credited for the amount of revenue earned from providing the services.
Option (b) is incorrect because there is no cash involved in this transaction.
Option (c) is incorrect because Service Revenue should be credited, not debited, since it represents revenue earned by the company.
Option (d) is incorrect because Service Expense and Accounts Payable are not relevant to this transaction, as no expense or payable is involved.
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The field of finance is divided into three separate, though inter-related subject areas. These three areas are:
Three interconnected areas make up the field of finance: money and credit markets, which deal with the securities markets and financial institutions; investments, which concentrate on the choices made by both retail and institutional investors; and financial management.
Interconnected systems: what are they?
a direct link between two or more systems operating inside various authorization zones for the exchange of information and/or to grant access to information, information services, and resources.
To ascertain the impact of the planned project and identify potential mitigation options, modelling and analysis play a significant role in the interconnection research process. To examine how the bulk power system performs, three different types of analysis are typically done.
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jennifer copies pages from a textbook and distributes them to her friends. a law passed by congress defines this as a copyright infringement. this type of law would be referred to as? group of answer choices
Option d: Statutory Law. This type of law would be referred to as Statutory Law.
A statute or statute is a written law passed by Congress. This is against oral or common law. or any regulatory or judicial customary law enacted by a government agency. Laws may emanate from national, state, or local governments.
Statute means a set of laws passed by Congress and expressed in writing.
In other words, a statute is essentially a law written and duly adopted by a government. For example, the Uniform Commercial Code adopted by a state constitutes a statute because it is a law (or statute) validly adopted by a state.
Statutory law may conflict with regulatory law enacted by the administration and customary law derived by the judiciary.
For laws to be passed, Congress follows the normal legislative process. During this process, bills are proposed, approved, and finally signed by the executive branch.
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Complete question:
Jennifer copies pages from a textbook and distributes them to her friends. A law passed by Congress defines this as a copyright infringement. This type of law would be referred to as?
-Ordinance
-Regulation
-Common Law
-Statutory Law
your monthly rent payment is an example of a variable expense.True or False
True - Monthly rent payment is an example of a variable expense because it can change from month to month.
What are Variable expenses?Variable expenses are costs that can vary in amount from one period to another. In other words, they are not fixed and can change based on different factors. Examples of variable expenses besides rent may include:
Utilities: the cost of electricity, gas, water, and other utilities can change depending on how much you use and the rates charged by your provider.Food: the amount spent on groceries or dining out can vary from one month to another depending on the type of food you buy or the frequency you eat out.Entertainment: the amount spent on entertainment, such as movies, concerts, and other activities, can vary depending on the events that are taking place or the frequency with which you choose to attend them.Variable expenses can be managed by setting a budget and planning ahead.
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true or false: ngt often generates superior results to other methods but requires extensive preparation and takes significant time to achieve those results.
This statement is True. NGT (Neural Graph Transductive) often generates superior results than other methods but requires extensive preparation and takes significant time to achieve those results.
This is due to its ability to use graph-based learning, where nodes in the graph represent entities and edges represent relationships between them. However, as NGT is a complex approach, it requires extensive preparation and will take considerable time to achieve these results. To get the best out of NGT, the data must be pre-processed and structured in a way that can be easily mapped to a graph structure. It also requires careful consideration of the hyperparameters used to create the underlying graph as well as train the model.
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One of the many tasks that an Environmental Engineering Technician might do is: Question 3 options:
Conduct pollution survey
Manages invasive plant species
Complete research on wildlife
Work as a farm hand
One of the many tasks that an Environmental Engineering Technician might do is to conduct a pollution survey.
What is Environmental Engineering Technician?
There are many different positions one might hold within the broad field of environmental technology. One of them is assisting environmental engineers and environmental scientists in identifying, evaluating, preventing and controlling environmental contamination.
Environmental technicians conduct equipment inspections and maintenance, handle hazardous waste, collect samples, oversee waste operations, and perform other tasks as required.
Environmental specialists keep an eye on the environment and look for sources of contamination and pollution, especially those that could have an impact on public health. Additionally, they strive to stop environmental infractions.
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Harris tree owns and operates a gaming center and completed the following transactions during April 2021, its first month of operations. Journalize the transactions
Recording the date, the accounts you're debiting or crediting from, and a short description of the transaction itself are all parts of keeping track of all your commercial transactions, or journalizing them.
How do you Journalize and post transactions?A business transaction is journalized when it is recorded in accounting records. Maintaining records calls for commitment and knowledge, especially for accountants. Every business process is documented chronologically in a journal, commonly referred to as a Book of Original Entry.
Identifying the account as well as the type of account is the first step. Choosing whether each account increases or decreases is the second stage. The third step is to journalize the transaction. Accumulated depreciation is the entire amount of depreciation and amortisation that has been applied to an asset since it was first used.
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Which of these is not part of the process of consumption?
Reverse Marketing
Alternative Evaluation
Information search
Need Recognition
Reverse Marketing is not part of the process of consumption. Typically, this is accomplished through conventional forms of advertising, including television, print, and web media.
Your brand is strengthened with the use of reverse marketing. The ideals you impart to people strengthen your business because you don't advertising goods. More people will discover your content and visit. People are more likely to connect with your brand's essence through reverse marketing than the product itself.
Reverse marketing is exemplified by social media. Customers advertise to both organisations and other customers. That's a key distinction between traditional media, where an organisation markets advertising to and connects with its audience, and social media.
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the gross profit margin measures the percentage of each sales dollar left after a firm has paid for its goods and operating expenses. true false
The given statement "the percentage of each dollar in sales that remains after a company has paid for its products and running costs is known as the gross profit margin" is FALSE.
What is the gross profit margin?Direct costs or cost of goods sold (COGS) are subtracted from net sales to determine the gross profit margin (gross revenues minus returns, allowances, and discounts).
To determine the gross profit margin ratio, this amount is multiplied by 100% and then divided by net revenues.
Although the phrases "gross margin" and "gross profit" are frequently used interchangeably, they are not the same.
While "gross margin" is technically a percentage or ratio, "gross profit" is technically an absolute monetary sum.
One type of profit margin is the gross margin, which is the amount of profit divided by net revenue, such as the gross (profit) margin, operational (profit), net (profit), etc.
Therefore, the given statement "the percentage of each dollar in sales that remains after a company has paid for its products and running costs is known as the gross profit margin" is FALSE.
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a _______________ leader attempts to empower group members and shares power with them in working toward making critical decisionsTransformationalAutopilotIndependenceInovation
A Transformational leader attempts to empower group members and shares power with them in working toward making critical decisions.
What qualities distinguish a transformational leader?A transformational leader motivates and empowers their followers to achieve a common vision or goal. They strive to improve the skills and abilities of their followers while focusing on creating a positive and motivating work environment. Transformational leaders frequently have high emotional intelligence and the ability to effectively communicate their vision and ideas. They set a good example for their followers, encouraging them to take ownership of their work and strive for excellence. They also place a premium on change and innovation and are not afraid to challenge the status quo in the pursuit of a better future. Overall, transformational leaders strive to instill a continuous improvement culture in their followers and to assist them in reaching their full potential.
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those who disclaim liability and are not secondarily liable on instruments they endorse are referred to as .
Qualified endorsers are those who disclaim liability and aren't additionally liable for the instruments they endorse.
What format should a liability disclaimer have?Include any and all responsibilities for the good or service you offer in your disclaimer. Consumers should be informed of any risks or hazards your product may present. While mentioning that list is not all-inclusive, you should describe specific hazards.
How do you define a limit on liability disclaimer?What does a limitation of liability and warranty disclaimer clause mean? This clause can shield you from responsibility if a user has a bad experience on your website. This clause is optional, although it might be quite important, just like the Conditions of Use agreement in general.
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on january 1, merchant company purchases $100,000 bonds at 98. the bonds mature in five years and pay 6% interest semi-annually on june 30 and december 31. merchant decides to utilize the straight-line method of amortization. on december 31, year 1, merchant should credit interest revenue for:
To utilize the straight-line method of amortization. on December 31, year 1, the merchant should credit interest revenue :$3,000.
The straight-line method of amortization of a loan or bond by spreading the principal evenly over the life of the loan. it is considered the simplest and most widely used method of amortization. in this case, since the bond was purchased for $100,000 and pays 6% interest semi-annually, the interest revenue for December 31, year 1 is calculated as follows: interest rate x bond principal =6% x $100,000=$6,000 .
Interest income for december 31, year 1 =(1/2 of principal X interest rate) x (number of daysin period/number of days in a year) = $100,00 x 6% x (182/365)= $3000
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1) you purchased one 15-year bond at par value when it was initially issued. this bond has a coupon rate of 7 percent and matures 13 years from now. if the current required rate of return for this type and quality of bond is 7.5 percent, then you should expect: a) the bond issuer to increase the amount of all future interest payments. b) the yield to maturity to remain constant due to the fixed coupon rate. c) to realize a capital loss if you sold the bond at today's market price. d) today's market price to exceed the face value of the bond. e) the current yield today to be less than 7 percent.
Option c: to realize a capital loss if she sold the bond at today's market price.
A bond is that represents a loan made by an investor to a borrower (usually a company or government). A bond can be thought of as a promissory note.
Between the lender and the borrower, it contains the details/information of the loan and its payment. Bonds are used by corporations, local governments, states, and sovereign governments to fund projects and operations.
Bonds are owned by creditors or creditors of the issuer.
The details of the bond include the end date when the principal of the loan is paid to the bondholder and typically include variable or fixed rate payment terms by the borrower.
Bonds, commonly referred to as fixed income securities, are one of the most important asset classes that retail investors are usually familiar with, along with equities (stocks) and cash equivalents.
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How many people are expected to watch the Super Bowl 2022?
113 million people on average were expected to watch the Super Bowl 2022.
What is renowned about the Super Bowl?The Super Bowl, a hugely well-liked sporting occasion, crowns the National Football League (NFL) winner each year. On a Sunday in January or February, millions of followers assemble in front of televisions to observe this fictitious national holiday.
How are the Super Bowl champions chosen?The National Football Conference (NFC) and American Football Conference (AFC) champions from the NFL playoffs will face off for the right to be crowned Super Bowl winner.
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you will be receiving cash flows of: $1,000 today, $2,000 at end of year 1, $4,000 at end of year 3, and $6,000 at end of year 5. what is the present value of these cash flows at an interest rate of 7%?
As a result, $10,499.41 is the value of such cash flows at a 7% interest rate.
How Does Cash Flow Work?The total sum of liquid assets coming into and going out of a business is referred to as cash flow. Both inflows and outflows are represented by funds earned and spent, including both.
What does cash flow mean for beginners?The movement of money into or out of a project, business, or financial product is known as cash flow. It is typically measured over a predetermined, limited time period and can be utilized to gauge the rate of return, actual cashflow, real profits, and investment quality. Cash flow and profit differ primarily in that profit denotes the amount of money left over.
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according to william​ nordhaus, what is one of the main flaws of​ economists’ attempts to measure changes in living​ standards?
One of the main flaws of economists' attempts to measure changes in living standard, according to William Nordhaus, is the difficulty in accurately accounting for changes in the quality and availability of goods and services over time.
One of the main flaws of economists' attempts to measure changes in living standards, according to William Nordhaus, is that they often fail to account for changes in the quality of goods and services over time. For example, economists may fail to consider how improvements in technology or access to new services have improved the quality of life for individuals, families, and communities.
Furthermore, economists tend to focus on economic growth as the primary measure of living standards, but this overlooks other important aspects of life such as leisure, health, and education.
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hich of the following is an advantage of seniority pay systems? question 5 options: they encourage employees to continue to increase their skill sets. they reward employees on an objective basis. they reward exemplary performance. they help to promote product quality.
The advantage of seniority pay systems is they encourage employees to continue to increase their skill sets. Thus option (a) is correct.
What is seniority pay systems ?
The Seniority-based pay systems are in which the main basis for giving pay increases is the employee’s tenure. It should be noted that seniority-based pay systems can take into account performance, but the main factor is tenure.
The benefits of seniority-based pay include loyalty, focus and stability of all staff members, regardless of performance levels.
The encouragement in employees to continue the enhancement in their skill set is a positive factor of seniority pay systems.
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Detailed categories on your budget will help you make better spending decisions.
A. True
B. False
True - Detailed categories on your budget can help you make better spending decisions.
What is meant by Budget?A budget is a financial plan that outlines your income and expenses. By tracking your expenses, you can get a better understanding of where your money is going and make more informed decisions about how to allocate your funds.
Additionally, breaking down your expenses into categories can help you prioritize your spending. If you have a specific savings goal, such as saving for a down payment on a house, you can create a category for "savings" and allocate funds accordingly. This can help you to stay on track with your goals and make more intentional spending decisions.
Overall, having detailed categories on your budget can provide a more accurate picture of your spending habits, help you identify areas where you can make cuts or adjustments, and help you to prioritize your spending based on your goals and values.
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since the company is fairly young, it does not have the resources to invest in both and must choose one. which project should you pursue (assuming capital can be re-invested at cost)?
Since the company is fairly young, it does not have the resources to invest in both, it will pursue Option A i.e. Project A, because the NPV (Net Value Present) is higher.
Net present value (NPV) is the contrast between the current worth of money inflows and the current worth of money outpourings throughout some stretch of time. NPV is utilized in capital planning and venture to want to examine the productivity of a projected speculation or task.
NPV is the consequence of computations that find the ongoing worth of a future stream of instalments, utilizing the legitimate rebate rate. By and large, projects with a positive NPV merit undertaking while those with a negative NPV are not.
NPV=Today’s value of the expected cash flows−Today’s value of invested cash
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Complete Question -
You are given the following information on two projects.
Project/A/B
NPV/$150,000/$100,000
IRR/6%/7%
Since the company is fairly young, it does not have the resources to invest in both and must choose one. Which project should you pursue (assuming capital can be re-invested at cost)?
A. Project A, because the NPV is higher.
B. Project A, because the IRR is lower.
C. Project B, because the IRR is higher.
D. Project B, because A will require more resources.
E. Either one, because NPV is higher for A but IRR is higher for B.
When a broker's license is revoked, the licenses of the agents in the broker's employ are. A. suspended. B. revoked. C. canceled. D. not affected.
When a broker's license is revoked, the licenses of the agents in the broker's employ are suspended (Option A).
According to the real estate license act, the revocation or suspension of a broker's license automatically leads to a suspension of every real estate broker-salesperson's, salesperson's and referral agent's license granted to employees of the broker, pending a change of employer and the issuance of a new license.
This means that the agents' licenses become inactive are no longer valid and they are no longer authorized to conduct business as a real estate agent. The agents may resume licensed activities once they secure sponsorship with another sponsoring broker. Hence, when a broker's license is revoked, the licenses of the agents in the broker's employ are suspended.
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When a firm has ______, it can place more emphasis on other objectives. money. When flow is ______, capacities are_____________.
When a firm has surplus money, it can place more emphasis on other objectives. When cash flow is stable, capacities are optimized.
When does a firm have surplus money?A firm has surplus money when its cash inflows exceed its outflows. In other words, the firm is generating more money than it is spending, resulting in a positive balance of cash and cash equivalents. This surplus can come from various sources, such as profits from operations, sales of assets, or other investments.
Having surplus money gives a firm greater financial flexibility, as it can use the extra funds for various purposes, such as paying off debt, investing in growth opportunities, paying dividends to shareholders, or saving for a rainy day.
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t is november 1 of year 1. sales for earl company for november and december (of year 1) and january (of year 2) are forecasted to be as follows: november, 400,000; december, 500,000; january, 200,000 100% of sales are credit sales. of these credit sales, 10% are collected during the month of sale, 20% in the following month, and 65% in the second following month; 5% are never collected. total sales for september and october of year 1 were 100,000 and 150,000, respectively. what is the forecasted amount of total cash collections in january (of year 2)
The forecasted amount of total cash collections in January (of year 2) is $705,000.
For forecasted amount of total cash collections in January (of year 2), we need to first determine the credit sales for each month.
Credit sales for November (of year 1) = $400,000
Credit sales for December (of year 1) = $500,000
Credit sales for January (of year 2) = $200,000
We need to calculate the collections for each month.
Collections for November credit sales = 10% x $400,000 = $40,000
Collections for December credit sales:
10% collected in December = 10% x $500,000 = $50,000
20% collected in January = 20% x $500,000 = $100,000
65% collected in February = 65% x $500,000 = $325,000
5% never collected = 5% x $500,000 = $25,000
Total collections for December credit sales = $50,000 + $100,000 + $325,000 = $475,000
Collections for January credit sales:
10% collected in January = 10% x $200,000 = $20,000
20% collected in February = 20% x $200,000 = $40,000
65% collected in March = 65% x $200,000 = $130,000
5% never collected = 5% x $200,000 = $10,000
Total collections for January credit sales = $20,000 + $40,000 + $130,000 = $190,000
Finally, we can add up the total collections for January (of year 2):
Total collections in January (of year 2) = collections for November credit sales + collections for December credit sales + collections for January credit sales = $40,000 + $475,000 + $190,000 = $705,000
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a ________ is a multinational corporation that centralizes its management and other decisions in the home country. A) global company B) glocal company C) multidomestic corporation D) transnational organization E) borderless organization
The home nation serves as the key hub for a consolidated global corporation. The global headquarters and operations, as well as domestic operations, are overseen by executive officers and management.
Which kind of global business centralizes its management?CENTRALIZED GLOBAL CORPORATION
A head office, or chief administrative and management office, is part of the organizational structure of a consolidated global firm. To cut expenses, the company might, for instance, outsource production to poorer nations.
which transfers control of management and other choices to the host nation?Multinational corporation is the correct response. The multi-domestic corporation, in contrast to a global business, has a decentralized management structure that empowers each unit to make decisions for its particular local community.
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a corrective tax is also known as: group of answer choices a command-and-control regulation. a coase tax. a pigovian tax. a smithian tax.
The correct option is C. A corrective tax is also known as a Pigovian tax.
Tax is a financial charge that is imposed by a government on individuals and entities to fund public goods and services. It is a crucial aspect of economic policy as it is the primary source of government revenue. Taxes can take many forms such as income tax, sales tax, property tax, and corporate tax, amongst others.
In economic terms, tax is considered a tool for the redistribution of income, as it is used to finance social programs and provide public goods such as roads, hospitals, and education. Taxation can also be used to regulate market behavior and correct market failures.
The effectiveness of taxation in achieving economic objectives depends on the design and implementation of the tax system. Efficient taxation systems are those that generate revenue for the government with the least amount of distortion to the economy.
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Complete Question:
a corrective tax is also known as:
group of answer choices
A). a command-and-control regulation.
B). a coase tax.
C). a Pigovian tax.
D). a Smithian tax.
your plan to buy a new house for $100,000. the bank offers you a 30-year loan with equal annual payments and an interest rate of 8% per year. the bank requires that your firm pays 20% of the purchase price as a down payment, so you can borrow only $80,000. what is the annual loan payment?
The annual loan payment for this loan is $7,107.84.
To calculate the once a year mortgage price for a 30-year loan with equal annual payments and an interest rate of 8% per 12 months, we can use the formulation for the present value of an annuity:
PV = P * [1 - (1 + r)^(-n)] / r
wherein:
PV = the amount of the mortgage = $80,000P = the annual mortgage paymentr = the interest rate per compounding duration = 0.08n = the total number of compounding periods = 30using these values, we can clear up for P:
$80,000 = P * [1 - (1 + 0.08)^(-30)] / 0.08
Simplifying the right-hand side of the equation, we get:
$80,000 = P * [1 - 1 / (1 + 0.08)^30] / 0.08
Multiplying each sides by way of 0.08, we get:
$80,000 * 0.08 = P * [1 - 1 / (1 + 0.08)^30]
Simplifying the left-hand side, we get:
$6,400 = P * [1 - 1 / (1.08)^30]
using a calculator, we discover that (1.08)^30 is about 10.063:
$6,400 = P * [1 - 1 / 10.063]
Simplifying the right-hand side, we get:
$6,400 = P * 0.9004
Dividing both sides by 0.9004, we get:
P = $7,107.84
Therefore, the annual loan payment for this loan is $7,107.84.
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