Economist Alexander Wagner delves into the economics, ethics, and psychology of corporate fraud in his TED Talk. He begins by pointing out that fraud is an endemic problem in the corporate world, with one in seven large companies committing fraud each year. Wagner goes on to suggest that there are three primary reasons why companies engage in fraudulent behavior: incentives, opportunities, and rationalizations.
Incentives refer to the financial rewards that companies can receive by committing fraud, while opportunities refer to the ease with which they can do so. Rationalizations are the justifications that companies use to convince themselves that their actions are morally justifiable, despite knowing that they are illegal or unethical. While some may argue that companies are simply trying to maximize profits and protect their interests, others may contend that they have a moral responsibility to act ethically and uphold their social and legal obligations.
According to the philosopher Immanuel Kant, ethics is about doing what is right because it is right, not because it will benefit us in some way. Similarly, the economist Milton Friedman argues that companies have a duty to their shareholders to maximize profits, but that they should do so within the bounds of the law and without engaging in fraudulent or unethical behavior. Ultimately, the question of why companies commit fraud is a complex one that requires us to consider a wide range of economic, ethical, and psychological factors.
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Define the Service Value System in accordance with ITIL. Using that definition, how does the CDM meet that value chain for service?
The Service Value System (SVS) is the core of the ITIL framework and comprises of a set of interconnected activities, processes, and elements that work together to deliver value to customers through services.
It encompasses six key components: guiding principles, governance, service value chain, practices, continual improvement, and digital technology.
The Continuous Diagnostics and Mitigation (CDM) program meets the value chain for service in the SVS by providing a framework for securing government networks and systems.
CDM aligns with the SVS by incorporating the guiding principles of ITIL to establish a governance structure, define processes and practices, and continually improve the security of the government's digital infrastructure.
The CDM program follows the service value chain by identifying and addressing vulnerabilities in the government's systems, designing and implementing security solutions, and providing ongoing monitoring and response capabilities.
Overall, CDM aligns with the ITIL SVS to provide value to government customers through a comprehensive approach to cybersecurity.
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The Service Value System is a set of interconnected activities that work together to deliver value to customers through IT-enabled services. It includes six components: the Service Value Chain, the Guiding Principles, Governance, Service Management Practices, Continual Improvement, and the ITIL Practices.
In accordance with ITIL, the Service Value Chain is the core of the Service Value System, consisting of six activities: Plan, Improve, Engage, Design and Transition, Obtain and Build, and Deliver and Support. Each activity is designed to create value for the customer by delivering high-quality services efficiently and effectively.
CDM, or Configuration and Data Management, plays a crucial role in the Service Value Chain as it supports the "Obtain and Build" and "Deliver and Support" activities. CDM ensures that all relevant configuration items and data are correctly identified, controlled, and maintained throughout the entire service lifecycle. This helps to ensure that the services delivered are of high quality and meet the needs of the customer.
Therefore, the CDM meets the value chain for service by contributing to the overall effectiveness and efficiency of the service delivery process, ensuring that the service provider can offer high-quality services that meet customer needs and expectations.
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A 30-year bond with face amount 10,000 is bought to yield i(2)=.08. In each of the following cases find the purchase price of the bond and the bond's coupon rate.
(a) The final entry in the amortization schedule for accumulation of discount is 80 . (b) The first entry in the amortization schedule for amortization of premium is 80 . (c) The final entry in the schedule for interest due is 500
a. the purchase price of the bond is 10,080 and the coupon rate is 6%.
b. purchase price of the bond is 9,920 and the coupon rate is 6%.
c. the purchase price of the bond is 10,500 and the coupon rate is 6.67%.
Explanation:
A 30-year bond with face amount of 10,000 and a yield of i(2)=.08 has the following purchase price and coupon rate:
(a) The final entry in the amortization schedule for accumulation of discount is 80, so the purchase price of the bond is 10,080 and the coupon rate is 6%.
(b) The first entry in the amortization schedule for amortization of premium is 80, so the purchase price of the bond is 9,920 and the coupon rate is 6%.
(c) The final entry in the schedule for interest due is 500, so the purchase price of the bond is 10,500 and the coupon rate is 6.67%.
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which of the following are other account titles for bad debt expense? (select all that apply.) multiple select question. uncollectible accounts expense sales discounts and allowances doubtful accounts expense provision for uncollectible accounts
The following are other account titles for bad debt expense is Uncollectible Accounts Expense.
Here are the descriptions of the account titles for bad debt expense:
1. Uncollectible Accounts Expense - this account is an expense that is recognized when a business writes off a customer's unpaid balance as bad debt.
2. Doubtful Accounts Expense - this account is an expense that is recognized when a business anticipates that some of its accounts will become uncollectible, meaning the business will not receive payment.
3. Provision for Uncollectible Accounts - this account is a reserve account that is set up to cover future bad debt expenses. The provision for uncollectible accounts is established when a business sets aside a portion of its accounts receivable balance as a contingency for future bad debts.
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carrie bought a house five years ago for $205,000. at that time she borrowed $195,000 from her bank. the house is now worth $217,000. her pmi will automatically be dropped when her mortgage balance drops to: multiple choice $195,000. $176,000. $205,000. $217,000. $159,900.
The PMI will automatically be dropped when Carrie's mortgage balance drops to $159,900.
Here's a step-by-step explanation:
1. Carrie bought the house for $205,000 and borrowed $195,000 from the bank.
2. The house is now worth $217,000.
3. PMI is usually dropped when the loan-to-value (LTV) ratio reaches 78% or lower.
4. To find the amount needed to reach 78% LTV, multiply the current value of the house by 0.78:
$217,000 x 0.78 = $169,260.
5. Subtract the amount needed to reach 78% LTV from the original loan amount:
$195,000 - $169,260 = $25,740.
6. Finally, subtract this amount from the original loan amount to get the mortgage balance when PMI will be dropped:
$195,000 - $25,740 = $159,900.
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- Define authority and explain what this looks like in your organisation. - Explain 2 advantages and 2 disadvantages of authority when meeting the aims of your organisation. (be very specific on this as this will help gain a distinction.)
-Authority is the power or right to give orders and make decisions. -2 advantages of authority are establishes order-stability and facilitates faster decision-making. 2 disadvantages of authority are inhibits creativity and lead to micromanagement.
In an organisation, authority is the power that held by management and leadership roles, who are responsible for setting goals and direction, making decisions, and directing activities.
Advantages of authority are establishes order and stability, authority helps maintain a consistent and predictable structure, which allows people to understand their roles and responsibilities. Facilitates faster decision-making, authority enables the leader or manager to make decisions quickly, without having to consult with the team or seek approval from higher management.
Disadvantages of Authority are Inhibits creativity and innovation, when decisions are made by one individual or a small group, it can lead to a lack of creativity and innovation in the organisation. Can lead to micromanagement, without proper delegation and guidance, authority can lead to micromanagement, which can cause stress and frustration among employees.
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What are horizontal integration and vertical integration? How does vertical integration reflect a change of strategic direction for an organization? Using the book - Essentials of Strategic Planning in Healthcare Third edition write a 250 word summary
Horizontal integration occurs when a business acquires a competitor in the same industry at the same level of the supply chain, whereas vertical integration involves the purchase of suppliers or distributors to control the supply chain. Vertical integration can signify a change in strategic direction for an organization, as it provides the company with control over their entire supply chain and gives them the ability to reduce costs, secure a supply of essential materials, and achieve economies of scale.
The primary difference between them is that while horizontal integration involves acquiring companies that produce or sell the same goods or services as your company, vertical integration involves acquiring companies that are part of your supply chain. The purpose of horizontal integration is to expand your company's market share, while the goal of vertical integration is to streamline your supply chain and improve efficiency. Horizontal integration often involves mergers or acquisitions, while vertical integration can take various forms, such as acquiring a supplier, a distributor, or even a retailer. Horizontal integration can lead to increased market power and economies of scale, while vertical integration can result in better control over the quality of inputs and enhanced flexibility in responding to changes in customer preferences or technological advances.
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in the month of september, nixon company sold 800 units of product. the average sales price was $30. during the month, fixed costs were $7,200 and variable costs were 60% of sales. instructions (a) determine the contribution margin in dollars, per unit, and as a ratio. (b) using the contribution margin technique, compute the break-even point in dollars and in units.
(a) Contribution margin in dollars, per unit, and as a ratio:
Using the given data, the contribution margin is calculated as follows:
Total sales revenue = 800 units × $30 = $24,000Variable costs (60% of sales) = 60/100 × $24,000 = $14,400
Contribution margin = Total sales revenue - Variable costs = $24,000 - $14,400 = $9,600
Contribution margin per unit = Contribution margin / Number of units sold= $9,600 / 800 units = $12
Contribution margin ratio = Contribution margin / Total sales revenue= $9,600 / $24,000 = 0.4 or 40%
The contribution margin is the revenue left over after variable costs have been deducted from total revenue. As a result, the contribution margin is the amount that may be applied to fixed costs and subsequently profit.
The contribution margin is computed by deducting variable costs per unit from the selling price per unit.
(b) Computing the break-even point in dollars and in units using the contribution margin technique:
The break-even point may be computed using the following formula:
Break-even point in units = Fixed costs / Contribution margin per unit= $7,200 / $12 = 600 units
Break-even point in dollars = Fixed costs / Contribution margin ratio= $7,200 / 0.4 = $18,000
Therefore, the break-even point for Nixon Company is 600 units or $18,000 in sales.
The break-even point is the number of units a company must sell in order to cover its fixed and variable costs. If the break-even point is achieved, the company will neither earn a profit nor incur a loss.
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Quizlet Bosio Inc. S perpetual preferred stock sells for $85. 00 per share, and it pays an $8. 50 annual dividend. If the company were to sell a new preferred issue, it would incur a flotation cost of 4. 00% of the price paid by investors. What is the company's cost of preferred stock for use in calculating the WACC
The company's cost of preferred stock for use in calculating the WACC is 10.42%
Price per share = $85.00
Annual dividend = $8.50
Flotation cost = 4.00% of the price paid by investors
The term WACC stands for a weighted average cost of capital. The cost of each type of capital (debt and equity) is calculated by the market value weight allocated to that source of capital, and the results are then added up to determine a firm's WACC.
Calculating the net proceeds -
Net Proceeds = Price - Flotation Cost
= 85.00 - 4.00% x 85.00
= 81.60
Calculating the cost of preferred stock -
Cost of Preferred Stock = Dividend / Net Proceeds
= $8.50 / $81.60
= 0.1042
or 10.42%
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You need a 25-year, fixed-rate mortgage to buy a new home for $200,000. Your mortgage bank will lend you the money at a 6.6 percent APR for this 300-month loan. However, you can afford monthly payments of only $1,000, so you offer to pay off any remaining loan balance at the end of the loan in the form of a single balloon payment.
How large will this balloon payment have to be for you to keep your monthly payments at $1,000?
Your mortgage bank will grant you the money for this 300-month loan at a 7.5 percent APR, with interest compounded monthly. Yet you only have so much money.
What is the definition of a mortgage?
A mortgage payment is often divided into four components: principal, interest, taxes, and insurance. The Primary portion is the amount removed from the outstanding loan balance. The amount of interest you pay is affected by your interest rate and loan balance. A mortgage is an agreement between you and a lender that gives the lender the right to seize your property if you do not repay the loan plus interest on time. Mortgage loans are used to buy a home or to borrow money against it.
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Frannie has determined that if she is a computer technician, a lot of the skills she will learn on the job would also
be useful in several other careers that interest her.
Which stage of career matching is she in?
Explanation:
she is on computer programer where she works with computer viruses and etc
Answer:
identifying transferable skills
Explanation: its useful in other jobs too
if upstream or downstream costs are not included in determining the cost of products, products will be
If upstream or downstream costs are not included in determining the cost of products, products will be incorrectly priced.
The terms "upstream cost" and "downstream cost" are used in cost accounting to refer to the different types of costs involved in producing and selling a product. These costs can have a significant impact on the final price of the product, and therefore should be taken into account when determining the cost of products.
Upstream costs are costs associated with the production process, such as the cost of raw materials, labor, and equipment. These costs can have a direct impact on the quality of the final product, as well as the speed and efficiency of the production process.Downstream costs, on the other hand, are costs associated with the marketing, distribution, and sale of the product. These costs can include marketing and advertising expenses, distribution costs, and sales commissions.If these costs are not properly accounted for, the price of the product may be too low, resulting in lost profits, or too high, resulting in lost sales. Therefore, it is important to consider both upstream and downstream costs when determining the cost of products.
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Suppose it is end of November 2007 and Porsche reviews its hedging strategy for the cash flow it expects to obtain from vehicle sales in North America during the calendar year 2009. Assume that Porsche entertains three scenarios: The expected volume of North American sales in 2009 is 32,750 vehicles. The low-sales scenario is 30% lower than the expected sales volume and the high-sales scenario is 30% higher than the expected sales volume. Assume, in each scenario, that the average sales price per vehicle is $90,000 and that all sales are realized at the end of November 2009. All variable costs incurred by producing and shipping an additional vehicle to be sold in North America in 2009 are billed in € (EURO) and amout to €60,000 per vehicle. Characterize how Porsche's € (EURO) cash flows, net of variable costs, obtained from its North American sales depend on the spot exchange rate that prevails at the end of November 2009, if:a) Porsche does not hedge its currency exposure at allb) Porsche hedges by selling forward US$ equal to the amount of expected 2009 sales with a two-year forward contractc) Porsche hedges by buying two-year European at-the-money put options on US$ (providing to Porsche the right to sell US$, receiving €, at the strike exchange rate) in sufficient quantity to have the right to sell an amount of US$ equal to expected 2009 sales. Additional information:The exchange rate at the end of November 2007 was 1. 47 $ per €If Porsche bought one-year put options on the U. S. Dollar on November 30, 2007, it would have been at a strike of 1. 45$ per €
If the exchange rate is higher than 1.47 $ per €, Porsche's € cash flows would increase, but if it is lower, Porsche's € cash flows would decrease.
a) If Porsche does not hedge its currency exposure at all, its € cash flows net of variable costs obtained from North American sales would depend on the spot exchange rate prevailing at the end of November 2009.
b) If Porsche hedges by selling forward US$ equal to the amount of expected 2009 sales with a two-year forward contract, its € cash flows net of variable costs obtained from North American sales would be fixed at the forward exchange rate prevailing at the end of November 2007, which is 1.47 $ per €. This would eliminate Porsche's currency risk.
c) If Porsche hedges by buying two-year European at-the-money put options on US$, its € cash flows net of variable costs obtained from North American sales would depend on the spot exchange rate financial statements prevailing at the end of November 2009. If the spot rate is higher than the strike rate of 1.45 $ per €, Porsche would exercise the put option and sell US$ at the strike rate, receiving more € than it would receive at the spot rate. If the spot rate is lower than the strike rate, Porsche would not exercise the put option and would receive less € than it would receive at the spot rate.
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Assume that company A wants to boost its stock price. The company currently has 20 million shares outstanding with a market price of $21 per share and no debt. A has had consistently stable earnings, and pays a 25% tax rate. Management plans to borrow $20 million on a permanent basis and they will use the borrowed funds to repurchase outstanding shares. If A can repurchase at the current price of $21 per share, what will the stock price be after the repurchase (keep two decimal places and assume that the new borrowing will not have any negative effects)?
Answer : Company A's stock price after the repurchase will be $25.50 per share.
Assuming that Company A repurchases the 20 million outstanding shares at $21 per share, the stock price after the repurchase will be $25.50 per share. This is due to the decrease in the total number of outstanding shares after the repurchase, which causes the EPS (earnings per share) to increase. The increased EPS causes the stock price to rise accordingly.
The calculation can be shown as follows: Before the Repurchase: Total market value of the company = (number of outstanding shares) x (market price per share), Total market value of the company = (20 million shares) x ($21 per share), Total market value of the company = $420 million
After the Repurchase: Total market value of the company = (number of outstanding shares) x (market price per share), Total market value of the company = (0 million shares) x ($21 per share), Total market value of the company = $0 million
However, the total market value of the company remains the same at $420 million. The $20 million borrowed funds were used to repurchase the 20 million shares and is not included in the calculation. This means that the earnings per share (EPS) has increased.
Before the Repurchase:
EPS = (Net income after taxes) ÷ (number of outstanding shares)
EPS = ($420 million x (1 - 0.25)) ÷ (20 million shares)
EPS = $21.00
After the Repurchase ;
As a result, the stock price after the repurchase will be $25.50 per share. This can be calculated by multiplying the new EPS of infinity by the current market price of $21 per share. Stock price after repurchase = (EPS) x (market price per share), Stock price after repurchase = ($Infinity) x ($21 per share), Stock price after repurchase = $25.50 per share
Therefore, Company A's stock price after the repurchase will be $25.50 per share.
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Answer the six (6) questions given the following data set:
ABC purchases a new delivery truck on January 1, 2022. The cost of the truck is $40,000. The truck is expected to last for five (5) years and at that time have a salvage (residual) value of $5,000.
After two (2) years, ABC believes it will now have the delivery truck for a total of 8 years and after that time, the truck will have a $2,000 salvage (residual) value.
After 6 years, ABC sells the truck for $6,000.
For Question 1-6, assume that ABC uses the straight line method of depreciation.
1) What is the Year 1 Depreciation Expense?
2)What is the impact on cash flow in Year 2 as a result of the events described?
3) What is the Year 3 depreciation expense?
4) What is the Net Book Value of the Delivery Truck AFTER 3 Years?
5)What is the Net Book Value of the Delivery Truck AFTER 6 Years?
6) What is the balance in Accumulated Depreciation of the Delivery Truck AFTER 6 Years (immediately prior to the sale)?
1. The Year 1 Depreciation Expense is $7,000.
2. The impact on cash flow in Year 2 as a result of the events described is an increase in cash flow.
3. The Year 3 Depreciation Expense is is $9,000.
4. The Net Book Value of the Delivery Truck AFTER 3 Years is $23,900.
5. The Net Book Value of the Delivery Truck AFTER 3 Years is $5,900.
What is the Year 1 Depreciation Expense?The Year 1 Depreciation Expense can be calculated as follows:
Cost of the truck = $40,000
Salvage value = $5,000
Depreciable cost for the truck is:
= Cost of the truck - Salvage value
= $40,000 - $5,000
= $35,000
Useful life of the truck = 5 years
Year 1 Depreciation Expense:
= Depreciable cost / Useful life
= $35,000 / 5
= $7,000
What is the impact on cash flow in Year 2 as a result of the events described?The increase in cashflow is because ABC initially planned to keep the truck for 5 years and then sell it for a salvage value of $5,000.
However, after 2 years, ABC now plans to keep the truck for a total of 8 years and then sell it for a salvage value of $2,000. This means that ABC will have a lower depreciation expense in Years 3-8, which will result in higher cash flows in those years.
What is the Year 3 depreciation expense?Depreciation expense for Year 3 = (Cost - Accumulated depreciation - Salvage value) / Remaining useful life
= ($40,000 - $7,000 - $5,000) / (5 - 3) years
= $9,000
What is Net Book Value of the Delivery Truck AFTER 3 Years?The net book value (NBV) of the delivery truck is the cost of the asset minus the accumulated depreciation.
Accumulated depreciation after 3 years = Depreciation expense for Year 1 + Depreciation expense for Year 2 + Depreciation expense for Year 3
= $7,000 + ($40,000 - $5,000 - $7,000) / 8 years + ($40,000 - $5,000 - $7,000 - $9,000) / 5 years
= $7,000 + $3,500 + $5,600
= $16,100
NBV after 3 years = Cost - Accumulated depreciation
= $40,000 - $16,100
= $23,900
What is the Net Book Value of the Delivery Truck AFTER 6 Years?The accumulated depreciation after 6 years can be calculated as:
Accumulated depreciation after 6 years = Depreciation expense for Year 1 + Depreciation expense for Year 2 + ... + Depreciation expense for Year 6
= $7,000 + ($40,000 - $5,000 - $7,000) / 8 years + ($40,000 - $5,000 - $7,000 - $9,000) / 5 years + ($40,000 - $5,000 - $7,000 - $9,000 - $9,000) / 2 years + ($40,000 - $5,000 - $7,000 - $9,000 - $9,000 - $9,000) / 1 year
= $7,000 + $3,500 + $5,600 + $8,000 + $10,000
= $34,100
NBV after 6 years = Cost - Accumulated depreciation
= $40,000 - $34,100
= $5,900.
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1. A supply falls into the ______________ __________ category when the
amount needed depends on another supply.
2. In a _________ supply chain there is little ability to
inventory the exact good necessary
3. A supply falls into the _____________ ___________ category when the amount needed does not depend on another supply.
Based on the customer's demand or the product's demand, the supply chain is categorized into two categories: independent demand and dependent demand.
In an independent demand supply chain, the customer demands directly the goods or services from the supplier. There is no dependency on other supplies for the goods demanded. The demand for goods or services is uncertain, and it varies from time to time. There is no requirement for detailed production planning. The forecasting is based on the customer's demand. Inventory management should be excellent and accurate for an independent supply chain.
In a dependent demand supply chain, the demand for goods or services depends on the other goods in the supply chain. The demand for goods is dependent on the demand for other goods in the supply chain. The planning is done in detail for the production of goods. Inventory management is not a significant concern in a dependent demand supply chain. Suppliers' planning depends on the demand for other goods in the supply chain.
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How would you go about developing criteria and standards for
specific evaluation questions, and who would you involve in the
process?
Criteria and standards for specific evaluation questions can be developed by involving stakeholders and experts in the relevant field, and by using a systematic and transparent process that takes into account multiple perspectives and considers the purpose, context, and feasibility of the evaluation.
To develop criteria and standards for specific evaluation questions, I would involve relevant stakeholders such as subject matter experts, program staff, and end-users to identify the key indicators of success and determine the most important factors to evaluate. We would also review relevant literature, research, and best practices to identify common standards and criteria used in similar evaluations. Through a collaborative process, we would establish clear and measurable criteria and standards that align with the evaluation questions and objectives.
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Project Pink initially costs Rs. 25,000. It generates the following cash inflows:
Year Cash Inflows
1 9,000
2 8,000
3 7,000
4 6,000
5 5,000
Taking the cut-off rate as 10%, suggest whether the project should be accepted or not
The present value of the cash inflows is Rs. 27,332.23.
To determine whether Project Pink should be accepted or not, we need to calculate the present value of the cash inflows and compare it to the initial cost of the project.
The present value of the cash inflows can be calculated using the formula:
[tex]PV = CF1/(1+r)^1 + CF2/(1+r)^2 + ... + CFn/(1+r)^n[/tex]
where PV is the present value, CF is the cash flow, r is the discount rate, and n is the number of years.
Using the given data and a discount rate of 10%, we can calculate the present value of the cash inflows as follows:
[tex]PV = 9,000/(1+0.1)^1 + 8,000/(1+0.1)^2 + 7,000/(1+0.1)^3 + 6,000/(1+0.1)^4 + 5,000/(1+0.1)^5[/tex]
[tex]PV = 9,000/1.1 + 8,000/1.1^2 + 7,000/1.1^3 + 6,000/1.1^4 + 5,000/1.1^5[/tex]
[tex]PV = 9,000/1.1 + 8,000/1.21 + 7,000/1.331 + 6,000/1.4641 + 5,000/1.61051[/tex]
PV = 8,181.82 + 6,611.57 + 5,250.47 + 4,098.09 + 3,191.28
PV = 27,332.23
Therefore, the present value of the cash inflows is Rs. 27,332.23.
Since the present value of the cash inflows is greater than the initial cost of the project (Rs. 25,000), we can conclude that Project Pink should be accepted.
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The interviewer gives you the following scenario to consider:
"One of the new interns assigned to your team is very
unprofessional, rarely shows up for work on time, and often
distracts everyone with his antics. You bring his behavior to the attention of your immediate supervisor, but she tells you the intern is the nephew of the divisional president, suggests you leave him alone and overlook his behavior since he’s only there for the 4-month internship". What is this type of situation called and what would you do to handle it?
This type of situation is called a conflict of interest.
It arises when the personal interests of one individual or group conflict with the interests of another individual or group. In this scenario, the immediate supervisor is prioritizing her relationship with the divisional president over the needs of the team and the company.
To handle this situation, it is important to document the intern's behavior and communicate the negative impact it is having on the team's productivity and morale.
This information can then be escalated to higher management or HR, who can investigate and address the situation objectively. It is important to prioritize the well-being of the team and the company's success over personal relationships or interests.
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Not yet answered
Marked out of 8.00
BRAD Co. acquires 90% interest in PIT Inc. for P1,000,000. PIT Inc. recognized assets and liabilities have fair values of P 1,600,000 and 900,000, respectively. ABC opts to measure the non controlling interest at fair value. The NCl's fair value is PIT Inc. is a defendant in a pending litigation, for which no provision was recognized because
XYZ strongly believes that it will win the case. The fair value of settling the ligation is P40,000. Required : 1. Consideration transferred ___
2. Non-controlling interest in the acquire ___
3. Fair Value of net identifiable assets acquired ___
4. Goodwill ___
1. The consideration transferred is P1,000,000. 2. Non-controlling interest in the acquire is P100,000. 3. The fair value of net identifiable assets acquired is P700,000.4. Goodwill is P200,000.
In this question, a 90% interest in PIT Inc. is acquired by BRAD Co. for P1,000,000. The recognized assets and liabilities of PIT Inc. have fair values of P1,600,000 and P900,000, respectively. Non-controlling interest is measured at fair value by ABC, and the fair value of NCI in PIT Inc. is not given.
No provision was recognized by PIT Inc. for the pending litigation, for which the fair value of settling is P40,000. The required values are given below:
1. Consideration transferred = P1,000,0002.
Non-controlling interest in the acquire = 90% x P1,600,000 x 10% = P100,000
3. Fair Value of net identifiable assets acquired = P1,600,000 - P900,000 - (90% x P1,600,000 x 10%) = P700,000
4. Goodwill = P1,000,000 - (90% x P1,600,000) = P200,000
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A nation's GDP can be calculated as ___
Multiple Choice a. The total value added at all stages of production. B. The sum of value added and intermediate goods. C. Personal income plus depreciation. D. Net domestic product minus depreciation
The correct option is D. A nation's GDP can be calculated as net domestic product minus depreciation.
A country's or countries' gross domestic product is a financial indicator of the market value or market value of all final goods and services produced and sold during a given period, typically without separately accounting for the intermediate goods and services utilized to make them.
Private consumption, gross domestic product, government investment, and other factors are added together to calculate GDP (exports – imports) . The national statistical bureau of the nation frequently calculates GDP using the international standard.
GDP is significant because it provides information on the size and health of an economy. Real GDP growth is frequently used as a stand-in for the overall health of the economy. Growth in real gross domestic product is frequently taken as a positive indicator of an expanding economy.
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Suppose that the cross price elasticity of demand between eggs and bacon is negative 0. 30. What would you expect to happen to the sales of bacon if the price of eggs rises by 10 percent? The demand for bacon would ▼ rise fall by nothing percent (Enter your response rounded to one decimal place. )
This is because when the price of eggs increases by 10%, the demand for bacon decreases by 30% of the 10% increase. Therefore, the demand for bacon would fall by 3.0%.
What is demand?Demand is the desire and ability of a consumer to purchase a certain product or service at a certain price. It is an economic concept that measures how much of a good or service is desired by consumers. Demand is influenced by a variety of factors, such as price, income, tastes and preferences, advertising, availability, and other external and internal factors. Demand is often represented graphically with a demand schedule or a demand curve, which shows the relationship between the price and quantity demanded. Demand is an important concept in economics and is used to determine the price and quantity of a good or service produced.
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cutter enterprises purchased equipment for $84,000 on january 1, 2024. the equipment is expected to have a five-year life and a residual value of $5,400. using the straight-line method, depreciation for 2025 and the equipment's book value on december 31, 2025, would be: multiple choice $15,720 and $52,560, respectively. $15,720 and $47,160, respectfully. $16,800 and $67,200, respectively. $33,600 and $50,400, respectively.
The depreciation for 2025 and the equipment's book value on december 31, 2025, would be is $15,720 and $47,160, respectively.
The straight-line method for depreciation allocates an equal amount of the asset's cost to each accounting period. In this case, the total cost of the equipment is $84,000, and it has a five-year life, so the annual depreciation expense is $16,800 ($84,000/5).
The total depreciation expense for 2025 is $15,720 ($16,800 x 0.9) and the book value at the end of the year is $47,160 ($84,000 - $15,720). The straight-line method allows for equal depreciation expense every year and equal decreases in the book value every year. This is the most commonly used method of depreciation.
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Only True o False Don't need any explanation
ASAP
1. In a civil trial, the parties will not be aware of the
documents that the other party has concerning the matter, until the
trial itself.
True
False
The statement ''In a civil trial, the parties will not be aware of the documents that the other party has concerning the matter, until the trial itself '' is false.
This is becasue in a civil trial, both parties are required to disclose any relevant documents to each other through a process called "discovery" before the trial begins.
This ensures that both sides have access to the same evidence and can prepare their case accordingly. Failure to disclose relevant documents can result in severe consequences, including sanctions and adverse judgments.
Therefore, it is essential for parties to be aware of the documents that the other party has concerning the matter before the trial itself to ensure a fair and just trial.
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Use this end-of-period spreadsheet to answer the questions that follow.
Finley Company
End-of-Period Spreadsheet
For the Year Ended December 31
Adjusted Trial Balance Income Statement Balance Sheet
Account Title
Debit Credit Debit Credit Debit Credit
Cash 48,000 48,000 Accounts Receivable 18,000 18,000 Supplies 6,000 6,000 Equipment 57,000 57,000 Accumulated Depr. 18,000 18,000
Accounts Payable 25,000 25,000
Wages Payable 6,000 6,000
Common Stock 30,000 30,000
Retained Earnings 3,000 3,000
Dividends 3,000 3,000 Fees Earned 155,000 155,000 Wages Expense 63,000 63,000 Rent Expense 27,000 27,000 Depreciation Expense 15,000 15,000 Totals 237,000 237,000 105,000 155,000 132,000 82,000
Net Income (Loss) 50,000 50,000
155,000 155,000 132,000 132,000
The entry to close Income Summary would be
debit Income Summary, $155,000; credit Common Stock, $155,000
debit Common Stock, $9,000; credit Income Summary, $9,000
debit Income Summary, $50,000; credit Retained Earnings, $50,000
debit Common Stock, $50,000; credit Income Summary, $50,000
The correct answer is debit Income Summary, $50,000; credit Retained Earnings, $50,000.
At the end of the period, the Income Summary account is used to close out the temporary accounts (revenues and expenses) and transfer the net income or loss to the Retained Earnings account.
In this case, the Finley Company has a net income of $50,000, so the entry to close the Income Summary account would be to debit Income Summary for $50,000 and credit Retained Earnings for $50,000. This transfers the net income to the Retained Earnings account and zeroes out the Income Summary account.
The other options are incorrect because they involve closing the Income Summary account to the Common Stock account, which is not correct. The Common Stock account is a permanent account and is not affected by the closing process. The Retained Earnings account is the correct account to transfer the net income or loss to at the end of the period.
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germany invests 840 bln. eur every year into capital but loses 710 bln. to depreciation. it is safe to assume that its capital is similar to that of the us (houses, bridges, machinery, intellectual property) and also depreciates at 4% a year. how much capital was in germany last year? enter your answer in billions of euro, just the five-digit number.
The total capital of Germany last year was 8,400 billion euros. This is calculated by taking the amount Germany invests annually into capital (840 billion euros) and subtracting the amount lost to depreciation (710 billion euros).
It is then multiplied by the depreciation rate of 4%, which results in 8,400 billion euros. This is assuming that Germany's capital is similar to that of the US, including houses, bridges, machinery, and intellectual property, which all depreciate at a rate of 4% per year.
By understanding the amount of capital Germany invests and loses every year, we can accurately estimate the total capital of Germany last year. This information is useful for businesses, investors, and governments as it helps them to understand the overall financial health of Germany and make more informed decisions regarding investments in the country.
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Indicate the five key advantages and disadvantages of IT and its implementation for biometric facial recognition technology.
The advantages and disadvantages of using biometric facial recognition range from its accuracy to its security. It's only logical if one uses facial recognition as long as the advantages overweighs the disadvantages in their situation.
The five key advantages of IT and its implementation for biometric facial recognition technology are:
Advantages:
Highly Accurate: Biometric facial recognition technology is a highly accurate form of identification because of its unique feature-based methodology.Cost-Effective: Biometric facial recognition technology is cost-effective, as it eliminates the need for creating multiple identities for an individual.Robust Security: Biometric facial recognition technology offers robust security features that are unique to each individual, making it difficult for fraudsters to break through.Ease of Use: Biometric facial recognition technology is easy to use, and it can be implemented across various sectors with ease.Non-Intrusive: Biometric facial recognition technology is a non-intrusive form of identification that does not require physical contact.Disadvantages:
Privacy Concerns: Biometric facial recognition technology raises privacy concerns because the data collected could be misused or stolen.Data Protection: There is always the risk of data theft when using biometric facial recognition technology because hackers could target the data stored in the system.Technical Limitations: Biometric facial recognition technology could face technical limitations, especially in situations where there is poor lighting or if the individual's face is covered.Inaccuracies: Biometric facial recognition technology could be inaccurate if the individual's facial features have changed due to injury, aging, or surgery.Discrimination: There is a risk of discrimination when using biometric facial recognition technology, as certain racial groups could be misidentified because of the algorithm used.Learn more about biometric at https://brainly.com/question/30762908
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Why is a businessowners policy often referred to as a package policy? a. It includes both property and liability coverages. b. It is a self-contained policy. c. It is packed with coverages. d. Its component document document are usually packaged in a box or a binder with an attractive cover
The main reason why a Businessowners Policy is often referred to as a package policy is because it includes both property and liability coverages.
What is a Businessowners Policy?
A Businessowners Policy (BOP) is a form of commercial insurance that combines coverage for major property and liability risks in one package. A Businessowners Policy is also sometimes known as a package policy.
This insurance policy is suitable for businesses in low- to moderate-risk sectors who want to safeguard themselves against typical risks at a lower price.
What is a package policy?
A package policy is an insurance policy that combines two or more coverages into a single policy. A commercial package policy, for example, is a bundle of several types of coverage, such as liability and property insurance, in a single policy.
The main reason why a Businessowners Policy is often referred to as a package policy is because it includes both property and liability coverages. So, option a. is the correct answer.
Business owners should consider obtaining a Businessowners Policy if they want to be covered against typical dangers such as fire, theft, lawsuits, and business interruption. The coverage is usually more economical than if the policies were purchased separately, and it can be customized to suit the unique needs of a small or medium-sized enterprise.
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PURPOSE
The purpose of this assignment is to enhance learner’s ability to discuss how decision-making in certain, uncertain and risky conditions make an impact on an organisation and provide recommendations for future improvements in the selected organisation.
REQUIREMENT
Select any organisation that you are familiar with. Compare decision-making in certain conditions and decision-making in uncertain conditions that occur in the chosen organisation. Analyse whether decision-making in risky conditions takes place in that organisation. Discuss three types of group decision-making methods by providing relevant examples from the chosen organisation. Suggest methods to increase the effectiveness of decision-making in that organisation.
Questions
i. Introduction on the selected organization
ii. Comparison between decision-making in certain conditions and decision-making in uncertain conditions that occur in the organisation.
iii. Analysis whether decision-making in risky conditions takes place in that organisation.
iv. Discussion on the three types of group decision-making methods by providing relevant examples from the chosen organisation.
v. Suggestion of methods to increase the effectiveness of decision-making in that organisation.
vi. The summary covered all of the key points of the assignment.
Steps in the decision-making process include making a decision, gathering information, and evaluating viable solutions.
Why is it vital to make decisions?
Making management decisions is important since there may be moments when you must select from a variety of options that could have different effects on the workplace. They could have an effect on the workforce, other executives, or the standing of the business.
What does the ability to make decisions entail?
The ability to make decisions is a skill that encompasses all other abilities. Good decision-making skills allow a person to consider all the information.
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1.Explain the development of a crisis to it's resolution in
public relations 10mks
2. Identify and explain the major tenets of persuasion and
framing theory 10mks
The development of a public relations crisis generally follows a similar pattern involving the following steps:
EmergencyDetectionAssessmentResponseRecoveryPersuasion theory focuses on the effective combination of elements to persuade an audience, while framing theory focuses on how information is presented to influence audience perception. Both theories are fundamental in the practice of public relations and effective communication.
Explanation of the development of a public relations crisis following a pattern that involves the following steps:
Emergency: The event or situation that triggers the crisis occurs.Detection: The organization realizes that there is a problem and begins to collect information.Assessment: Evaluate the severity of the crisis and determine how to respond.Response: A response plan is developed and executed which may include communications, corrective actions, etc.Recovery: The organization works to recover its reputation and restore the trust of affected publics.Persuasion theory argues that effective persuasion involves the combination of three main elements: the sender, the message, and the receiver. These elements must be effective to successfully persuade the audience. Framing theory, on the other hand, focuses on how information is presented to influence audience perception.
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Connor's Motor Manufacturing uses a kanban system. The daily demand for part number 78912 is 600 units. Each container has a lead time of 0.5 of a day. The safety stock factor is 1.10 (10% of daily demand). The container size is 50 units. What would be the maximum inventory of part number 78912?
The maximum inventory of part number 78912 in Connor's Motor Manufacturing using a kanban system would be 660 units.
Kanban is a Japanese term that means "signboard" or "billboard". A kanban system is a lean manufacturing technique that emphasizes the just-in-time (JIT) production system. Kanban is a signal that prompts the production of the next batch of a product, which is then sent to the final assembly. In the manufacturing industry, kanban has been widely utilized to manage the production of materials and equipment.
In a kanban system, each part is identified by its own card, which displays the quantity of the item that is available. The kanban card contains information about the quantity of components required to construct the product and when to replenish the inventory. A typical kanban card includes information such as the product description, quantity, and destination of the product. When the inventory reaches a predetermined threshold, the kanban system issues a request for a replenishment order.
The maximum inventory for part number 78912 under Connor's Motor Manufacturing's kanban system would be calculated as follows:
Daily demand (D): 600 units
Lead time (L): 0.5 of a day
Safety stock factor (S): 1.10 (10% of daily demand)
Container size (C): 50 units
Maximum inventory = (D x L x S) + C = (600 x 0.5 x 1.10) + 50 = 660 units.
This maximum inventory refers to the highest amount of part number 78912 that can be stored in inventory in order to ensure that customer demand can be met without running out of stock. This amount is determined by the daily demand, the lead time (how long it takes to restock the inventory), the safety stock factor (the amount of inventory that must be kept on hand in order to cover unexpected spikes in demand) and the container size (the amount of product that can be held in each container).
By calculating the maximum inventory, Connor's Motor Manufacturing can be sure that their inventory is always at the optimal level to meet customer demand and avoid stock outs.
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