Earn Higher Salaries.
One reason for employers being biased against older workers is that older workers generally earn higher salaries than younger workers, and companies are always looking to reduce costs.
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Operating income can be determined using
a.absorption and variable costing.
b.variable costing only.
c.absorption costing only.
d.neither absorption nor variable costing.
Operating income can be determined using Absorption and variable costing.
Both are the different methods to calculate the operating income in different way.
Operating income is defined as income less expenses which results in operating income without deduction of taxes.
Under absorption cost, operating income is calculated as sales less cost of goods sold by including both fixed and variable cost.
Under variable costing , operating income is calculated as revenue less variable expense which results in contribution less fixed expense.
Both the methods are useful to calculate the operating income but as per GAAP reporting , absorption method is acceptable.
Absorption methods includes all the cost related to manufacturing but variable cost includes variable cost only.
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What of these is an example of private funds used for construction of a new venue?
a. sales tax
b. tax increment funding
c. league contribution
d. general obligation and revenue bonds
An example of private funds used for construction of a new venue is option d. general obligation and revenue bonds.
What is Private Financing Sources for a new Facility?This can be gotten from:
Contractually Obligated Income: is known to be a kind of revenue source that a team gets under a contract. These revenue sources may be used as collateral that can be set for a loan.
Asset-Backed Securities: This is a method used in valuing any kind of asset, a business, or others in regards to a business by knowing what it would coast to remake the business or asset.
Therefore, An example of private funds used for construction of a new venue is option d. general obligation and revenue bonds.
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What is the yield to maturity (ytm) on a simple loan for $2000 that requires a repayment of $8000 in five years' time?
The yield to maturity (YTM) on a simple loan is 31.9%
What is the yield to maturity?The yield to maturity represents an overall total of all outstanding loan repayments. The yield to maturity of the security varies based on the bond's valuation and the number of remaining balances.
simple loan for $2,000
repayment of $8,000
time period 5 years
The formula for yield to maturity is
Yield to Maturity = [Annual Interest + {(FV-Price)/Maturity}] / [(FV+Price)/2]
$2,000 = $8,000/(1+i)⁵
(1+i)⁵ = $8,000/$2,000
(1+i) = 41/5
i = 1.319-1
= 31.9
31.9% is the YTM
The yield to maturity (YTM) on a simple loan is 31.9%
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When the demand for bonds ________ or the supply of bonds ________, interest rates rise.
When the demand for bonds decreases or the supply of bonds increases, interest rates rise.
What is Interest rate?
An interest rate is the amount of interest that is payable each period stated as a proportion of the amount lent, deposited, or borrowed (called the principal sum). The principal amount, interest rate, frequency of compounding, and duration of the loan, deposit, or borrowing determine the total amount of interest on a sum that was lent or borrowed. The annual interest rate is the rate of interest that is calculated over a year. Other interest rates—frequently annualized—apply to shorter time frames, like a day or a month.
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Alana, the children's department manager at shoe mart, has eight employees in her department, and all of them report directly to her. the eight employees who report directly to alana are her _____.
Alana, the children's department manager at shoe mart, has eight employees in her department, and all of them report directly to her. the eight employees who report directly to Alana are her span of control.
What is the Span of control?Human resource management and commercial management both frequently employ the phrase "Span of Control." The total number of subordinates that a manager or supervisor can supervise is what this term refers to because it has to do with managing and supervising personnel. The collecting and management of operational data were one of several middle managers' jobs that was made easier by technology. As a result, a manager may now oversee more employees concurrently. The scope of a manager's authority is influenced by a number of variables, including the nature of the work, the manager's skills, the skills of the personnel under management, and the manager's duties. It comes in two flavors, such as a narrow and a wide control span. When a manager is in charge of between two and four employees, it is deemed to be narrow.
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Identify the controllable and uncontrollable elements that starbucks has encountered in entering global markets.
The controllable and uncontrollable factors which the Starbucks has encountered while entering in the global market are similar to those in their domestic market.
These factors include different factors such as product, price, place and promotion. The Starbuck's name and image connects with the millions of consumers around the globe. Internally, Starbucks is also able to make adjustments to fit in a county's cultural tastes and expectations regarding their product, price of it and where it is available and how it is marketed.
Starbuck's is now also able to take part in market research to get surity about their product that it has the right fit for each of its international locations.
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The economic order quantity is an example of cycle inventory. true false
The answer is false. The economic order quantity is an example of cycle inventory.
What exactly is an economic order quantity?Companies determine their optimal order size by performing a calculation known as the economic order quantity (EOQ), which enables them to satisfy demand without going overboard. For the purpose of reducing holding costs and surplus inventory, inventory managers compute EOQ.
It refers to the ideal quantity of inventory that a business should buy to fulfil demand while lowering holding and storage expenses.
Optimal EOQ guarantees that the product is on hand when you need it or when something is needed for a client order, enabling you to ship the order promptly and keep the customer satisfied. This should enhance consumer satisfaction and might boost revenue.
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An aaba form can be repeated to create a larger form; when b and a are repeated after the first aaba, it is called a:________
An AABA form can be repeated to create a larger form; when b and a are repeated after the first AABA, it is called a partial reprise.
What is a partial reprise?
Firstly, a reprise in music refers to when the opening material of the musical piece is repeated later in the same composition or reiterated. A partial form of this then exists when the repetition isn't as much.
This is why B and A being repeated after the first AABA and used to form a larger form is an example of a partial reprise.
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It is important to formulate operational definitions for study variables because it?
It is important to formulate operational definitions for study variables because it allows for the measurement of cause and effect in the research.
What is meant by operational definitions?The term operational definitions as it is used in research has to do with all of the constructs that has to do with the modeling or the representation of concepts and their theoretical definitions. This would have to do with all of the operations that would be used in the definition based on the ways that other persons that want to replicate the study would also be able to do so using the same specific definitions.
It has to do with the procedures that would be used in the measurement of the given variables in the research work. Hence we can say that It is important to formulate operational definitions for study variables because it allows for the measurement of cause and effect in the research.
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An operational definition is designed to model or represent a concept or theoretical definition, also known as a construct. Scientists should describe the operations (procedures, actions, or processes) that define the concept with enough specificity such that other investigators can replicate their research.
A $1,000,000 lottery prize pays $50,000 per year for the next 20 years. If the current rate of return is 4.5%, what is the present value of this prize?
The present value of this lottery prize has an amount of P = $650,396.82.
What is ordinary annuity?Ordinary annuity is defined as the process by which payments are made at the end of each period, in order to determine the present value under this analysis we must use the following equation:
P = R[1-(1-(1 +i)ⁿ/ i]
Where:
P : Is present valueR : is the payments at the end of the periodn : is the number of periodsi : is the interest rateWe substitute the values in the equation described:
P = $50000[1-(1 + 0.045)²⁰/ 0.045]
P = $650.396,82
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You are tasked to build a tracking system for the employees of a company design a class to represent an employee in this system
Building a tracking system for employees of a company design a class to represent employee is a very good idea. Tracking system in a company helps in many ways like to understand project costs, bill accurately, payout employees according to the hours they spent, to determine employees who are available on time, and plan new projects. There are lot of features needed in a software to ensure all of these functions happen automatically and accurately.
Time tracking software allow you to aanalyz how employees spend their workday — from managing strategic assignments to working on admin tasks — resulting in improved productivity. you can also track your employee time to monitor meetings, projects, and resources. All this will give you the chance to analyze the workflow and fix the gaps.
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As you move from left to right along a production possibilities frontier that is bowed out from the origin, the opportunity cost of producing the product on the horizontal axis:_________
As you move from left to right along a Production possibilities frontier (PPF) that is bowed out from the origin, the opportunity cost of producing the product on the horizontal axis increases.
The opportunity cost of producing the good on the X-axis and the Y-axis is rising if the production potential frontier (PPF) is bowing out. This is so that you can produce more of the good on the vertical axis without depleting resources from generating more of the good on the horizontal axis.
The Production possibilities frontier (PPF) is bowed out, thus the resources required to produce the two items cannot be combined. As a result, the more goods you generate on the vertical axis, the more goods you must sacrifice on the horizontal axis.
According to the law of diminishing returns, the marginal increase in output will decrease over time as incrementally more resources are invested in a given endeavour.
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Graff, incorporated, has sales of $40,980, costs of $13,380, depreciation expense of $2,830, and interest expense of $2,060. the tax rate is 22 percent. what is the operating cash flow, or ocf?
The operating cash flow of Graff, incorporated is $20,543.80
What is operating cash flow?
The operating cash flow is the net income plus the depreciation expense, whereby the depreciation expense is added back because it is an outright cash outflow.
In this case, we need to first of all determine the net income considering the sales, costs, interest expense and tax
net income=(sales-costs-depreciation-interest)*(1-tax rate)
net income=($40,980-$13,380- $2,830-$2,060)*(1-22%)
net income=$17,713.80
OCF=$17,713.80+$2,830
OCF=$20,543.80
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Although non-random sampling techniques are considered less scientific than random techniques they are often used for expediency.
a. true
b. false
Although non-random sampling procedures are considered less scientific than random techniques they are often used for expediency.True
Why do researchers not ever use random samples in their research?(1) A random sample of the population is excessive to begin sampling the population - only lists of the chosen "clusters" are necessary.
(2) The cluster groups are usually closer together and when people are closer together - this protects time and money for the researchers conducting the study.
Cluster sampling can be more efficient than easy random sampling, especially where a study takes place over a wide geographical province.
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What is the effect of this event on the quantity of beef supplied and on the supply of beef?
The effect of this occasion on the quantity of beef supplied and on the supply of beef is The quantity of beef supplied decreases and the supply of beef is unchanged.
What occurs when quantity supplied decreases?
A decrease in direction will cause the equilibrium price to fall; quantity supplied will decrease. An increase in supply, all other things untouched, will cause the equilibrium price to fall; quantity required will increase. A decrease in supply will cause the balance price to rise; quantity demanded will decrease.
What drives the quantity supplied to decrease?
The law of supply says that a higher price leads to a higher quantity provided and that a lower price leads to a lower quantity supplied.
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Complete Question is,
A. The quantity of beef supplied decreases and the supply of beef also decreases
B. The quantity of beef supplied increases and the supply of beef also increases
C. The supply of beef decreases and the quantity of beef supplied is unchanged.
D. The supply of beef is unchanged and the quantity of beef supplied increases.
E. The quantity of beef supplied decreases and the supply of beef is unchanged.
The maximum fine for driving and drinking an alcoholic beverage is:________
a) $500
b) $1,000
c) $50
d) $200
Answer:
In many places of my country there's $1,000 maybe other country $500
In the united states, equal opportunity laws guarantee equal pay for men and women, whites and minorities. True or false
The given statement " In the united states, equal opportunity laws guarantee equal pay for men and women, whites and minorities" is false.
What is Equal Employment Opportunity Act?Federal laws against employment discrimination are enforced by the Equal Employment Opportunity Commission (EEOC) of the United States. The Civil Rights Act of 1964 led to the establishment of the EEOC. The EEOC currently enforces federal anti-discrimination laws and provides oversight and coordination of all federal equal opportunity regulations, policies, and practices. Title VII of the Civil Rights Act of 1964 prohibits discrimination based on race, color, national origin, sex, and religion. It also forbids employers from retaliating against any employee who exercises his or her rights under Title VII.The laws governing employment are designed to end discrimination in all of its manifestations and guarantee that everyone receives equal pay for equally hard labor. That does not imply that everyone makes the same amount of money, though. Personal experience, expertise, and capabilities must also be taken into account. Due to this, college professors make more money than high school dropouts but less than professional athletes and actors.To know more about Equal Employment Opportunity Commission (EEOC) visit:
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From a business perspective, raw data is transformed systematically during various stages, transforming it into valuable information, in a process called:__________
From a business perspective, raw data is transformed systematically during various stages, transforming it into valuable information, in a process called: the information value chain.
What is the Information Value Chain?
Very specifically, the Information Value Chain is the understanding that data only creates value if it goes through a sequence of steps, steps which eventually result in effort back in the real world.
What is the information Action value chain?
The chain has four major steps. We start with data accepted from the real world. Next, we convert that data into information. We use that information to inform conclusions. Finally, based on those decisions we take action that will deliver value to the firm.
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Content area the normal balance of the accumulated depreciation account is a debit.
true /false
Because it is applied to a fixed asset with a debit balance, accumulated depreciation has a credit balance. So, the aforementioned claim is untrue.
Accumulated depreciation is the accumulated depreciation of an asset up to a single point in its life. As a contra asset account, accumulated depreciation's natural balance is a credit that lowers the asset's total value.
The regular balance of an accumulated depreciation account is known as a credit balance. Because it totalizes the amount of depreciation expense billed against a fixed asset, accumulated depreciation has a positive balance. When you record depreciation on a tangible asset, you credit cumulative depreciation for the same amount while debiting depreciation expenditure. This allows you to see how much of an asset has been written off and gives you an idea of how much longer it will be useful. It also shows the asset's net book value on the balance sheet.
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What is the appropriate interest rate and number of time periods to use to find the monthly payment for a 5-year car loan at 3. 6% compounded monthly?.
The correct interest rate is 0.5%, and the time period 360 used to calculate the monthly payment for a 5-year auto loan at a monthly compound interest rate of 3.6%.
The amount a lender charges a borrower is called an interest rate, and it is expressed as a percentage of the principal, or the loaned amount. Typically, a loan's interest rate is expressed as an annual percentage rate, or APR). A savings account or certificate of deposit earnings at a bank or credit union may also be subject to an interest rate (CD). The interest received on these deposit accounts is measured in annual percentage yields.
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At the start of the month, a company reported a $34,000 debit balance in its cash account. During the month, the company debited cash for $30,000 and credits cash for $42,000. At the end of the month, the cash account has a.
At the start of the month, a company reported a $34,000 debit balance in its cash account. During the month, the company debited cash for $30,000 and credits cash for $42,000. At the end of the month, the cash account has a. 22,000 debit.
Ending cash balance = beginning cash balance + cash receipts occurring during the period - cash payments occurring during the period so 34,000 + 30,000 - 42,000 = 22,000).
When a corporation receives money earlier from earning it, the accounting may be a debit to the asset Cash for the quantity received and a credit to the liability account like Customer Advances or Unearned Revenues. samples of these accounts are the cash, assets, prepaid expenses, fixed assets (asset) account, wages (expense) and loss on sale of assets (loss) account.
Since the service was performed at the identical time because the cash was received, the revenue account Service Revenues is credited, thus increasing its account balance. Cash is an asset account hence it's increased by debiting it.
When a business receives cash, it's always recorded as a rise to cash and a decrease to an expense. a shot balance may balance but not be correct. Income statements accounts also are referred to as temporary accounts.
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The price of a share of common stock is equal to the present value of all ______ future dividends.
The price of a share of common stock is equal to the present value of all expected future dividends.
The market price per share of stock, or the "share price," is the most recent price that a stock has traded for.
It is a function of market forces, occurring when the price a buyer is willing to pay for a stock meets the price a seller is willing to accept for a stock.
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In trying to forecast demand for a new product, an ideal situation would be one where an existing product or generic product could be used as a:_________
A qualitative technique in forecasting historical analogy in trying to forecast demand for a new product, an ideal situation would be where an existing product or generic product could be used as a model.
More about historical analogy:
The historical analogy method, which may be accurate and affordable, primarily estimates the demand for a new product. In order to create the greatest fit forecast, it starts with forecasts and historical data of any comparable or pertinent existing products.
A forecasting technique known as forecast by analogy makes the assumption that two distinct types of phenomena would behave similarly.
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According to the bcg matrix, products or businesses with a high market share in a high-growth market are classified as ________. group of answer choices
A. dogs
B. question marks
C. cash cows
D. stars
E. heroes
Businesses with a high market share in a high-growth market are classified as stars. (Option d)
What are the BCG classifications?A product is described as a question mark when a product is sold in a market that is growing rapidly and the products have a low market share.
A product is described as a star when it has a high market share and high growth rate.
A product is described as a dog if it has a low growth rate and a low market share.
A product is described as a cash cow if it has a large market share but a low growth rate.
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The side of an account that is increased is called the normal balance of the account True or false?.
It is true that the side of the account that is increased is called the normal balance of the account.
All sort of asset accounts have a normal balance at the debit side of the T account. And, it is associated with the left side of the equation i.e. liability and owner equity’. A normal balance refers to the debit or credit balance that’s basically expected from a certain account.
This concept of normal balance is actually used in the double-entry method of accounting. In a business asset account, for example, the normal balance would consist of debits . You can expect your asset account to have a debit normal balance. You can expect your credit account to have a credit normal balance.
The increasing side of the account is the normal balance. The normal balance for asset and expense accounts is the debit balance, while for income, equity, and liability accounts it is the credit balance.
An account's normal balance is on the side where increases go because the increases in any account are usually greater than the decreases.
Therefore the normal balance of an account is the side of the account that is positive or it is increasing.
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The fundamental source of monopoly power is? a. barriers to entry. b. profit. c. increasing average total cost. d. a product without close substitutes.
Option{D} is the correct answer.
The fundamental source of monopoly power is a product without close substitutes. Other companies cannot enter the market since there are no suitable alternatives. This is what establishes the entrance barriers that define monopolies. Additionally, it can increase profits and lower average costs overall. However, a monopoly would never develop if there were no alternatives, which is why it is the primary source of its power.
Understanding a MonopolyA company that enjoys monopoly status lacks replacements for its goods and faces little internal rivalry. Monopolies have the power to set prices and erect obstacles to entry for rival businesses.
Companies can become monopolies by vertically integrating their operations to control the entire supply chain from manufacturing to sales, or by acquiring rival businesses to become the only producer.
Monopolies frequently benefit from economies of scale, the capacity to produce large volumes at reduced unit prices.
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If the opportunity cost rate is 12 percent, compounded annually, what is the present value of $8,200 due to be received in 8 years?
The present value of opportunity cost rate is $3,256 Opportunity cost is the profit that is forfeited when one option is chosen over another. Return on the Most Profitable Investment - Return on Investment Pursued.
8,200 × 12 percent - 8 = $3,256How are opportunity costs assessed?By contrasting the returns from two possibilities, an investor figures out the opportunity cost. This may be accomplished by projecting future returns throughout the decision-making process. The opportunity cost can also be determined in retrospect by evaluating results since the choice was taken.To Learn more about Opportunity cost, click the links.
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Sammy salt is an exempt employee and earns $275,000 per year. if sammy was paid on a weekly basis, what would his gross pay be? (course outcome ii / learning outcome ii)
Sammy salt is an exempt employee and earns $275,000 per year. If Sammy was paid on a weekly basis, his gross pay will be $5,288.46
Who is an exempt employee?A person who is exempt from overtime pay or minimum wage regulations is referred to as an exempt employee (or both). Due to the specific duties and obligations that they have, exempt personnel is placed in a distinct category.
The exemption is typically present in international legal frameworks as well as American labor regulations. The law is known as the Fair Labor Standards Act in the United States (FLSA). Its main objective was to establish a federal standard for how salaries and hours should be determined for both private and governmental employers.
Other types of workers may also be exempt from earning overtime pay in addition to the principal exempt categories. These include farm workers, movie theater employees, some nonmetropolitan broadcast station staff, taxi drivers, railroad, motor carrier, and American vessel employees, as well as commissioned sales personnel working for retail or service businesses.
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A taxpayer paying his 10-year-old daughter $50,000 a year for consulting likely violates which doctrine?
A taxpayer paying his 10-year-old daughter $50,000 a year for consulting likely violates the constructive receipt doctrine.
This is further explained below.
What is constructive receipt doctrine.?Generally, When a money taxpayer receives gross income for federal income tax purposes, the theory of constructive receipt is applied to make this determination.
If a taxpayer has complete discretion over deciding when certain types of income will or should be paid, that person is liable for tax in the current year.
In conclusion, If a taxpayer gives his daughter, who is only ten years old, fifty thousand dollars a year for consulting work, the taxpayer has most certainly violated the constructive receipt law.
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Sandra owns a bond issued by animite energy with a par value of $1,000. the bond pays 7.6% interest yearly and has a market rate of 93.411 when sandra bought it. what is the current yield on sandra’s bond? a. 0.076 b. 0.074 c. 0.081 d. 0.089
Sandra owns a bond issued by animate energy with a par value of $1,000. the bond pays 7.6% interest yearly and has a market rate of 93.411 when Sandra bought it. The current yield on Sandra is 0.081,
For the calculation of the current yield on the Sandra bond, the annual interest of the bond is 7.6% and the current price of the bond is 93.41,
The formula referring to calculating the current yield is
current yield = annual interest earned / the current price of the bond
= 7.6/93.411
=0.08136086
=0.081
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