Debtors with an unindexed contract lose, because they pay exactly what they contracted for in nominal terms. Creditors with indexed contracts gain, because they receive more than they contracted for in nominal terms.
Unanticipated inflation is an inflation that occurs unexpectedly, which can create uncertainty in the economy. Unanticipated inflation affects borrowers and lenders differently.
When there is unanticipated inflation, debtors who have an unindexed contract lose, as they must pay exactly what they contracted for in nominal terms, which means they pay more in real terms because the value of money has decreased due to inflation.
However, creditors with indexed contracts gain, as they receive more than they expected in nominal terms due to the inflation, thus making up for the decrease in the value of money. In summary, unanticipated inflation affects debtors and creditors differently depending on the type of contract they have.
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complete question:
which of the following is true regarding unanticipated inflation.
debtors with an indexed contract are hurt, because they pay more than they contracted for in nominal terms.
creditors are hurt unless they have an indexed contract, because they get less than they expected in real terms.
debtors with an unindexed contract lose, because they pay exactly what they contracted for in nominal terms.
creditors with indexed contracts gain, because they receive more than they contracted for in nominal terms.
debtors with an indexed contract are hurt, because they pay more than they contracted for in real terms.
Southwest Airlines (SWA) and Alaska Airlines both compete as point-to-point airlines, but they draw upon different resource bundles. This example best illustrates which of the following assumptions regarding the resource-based view? O resource heterogeneity O resource homogeneity O resource allocation process O resource immobility
The resource-based view assumption illustrated by Southwest Airlines (SWA) and Alaska Airlines both competing as point-to-point airlines but drawing upon different resource bundles is Resource heterogeneity.
Resource heterogeneity refers to the idea that different businesses have distinct resource profiles or resource bundles. This implies that each business possesses a unique collection of assets, abilities, and capabilities that distinguish it from its rivals.
Companies with superior resource bundles can use these resources to achieve a sustainable competitive advantage, while companies with weak resource bundles may struggle to maintain their market share in the face of intense competition.
Southwest Airlines and Alaska Airlines are both point-to-point airlines, but they draw on different resources to run their operations. This exemplifies the concept of resource heterogeneity because they are two airlines with distinct resource bundles, which allow them to compete with one another in the same market. As a result, each airline's distinct resource bundle provides them with a unique competitive edge, and these resources cannot be replicated by their competitors.
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Sparky Inc. reported income from continuing operations for the year ended December 31, 2014 of $790,000. Sparky has a 30% tax rate. Upon review of additional information that just became available, Sparky feels this calculation might be in error:At the beginning of 2012, Sparky purchased a machine for $540,000 (salvage value of $40,000) that had a useful life of 5 years. The bookkeeper used straight-line depreciation for 2012, 2013 and 2014, but failed to deduct the salvage value in computing the depreciation expense each year.
The correct calculation for the year ended December 31, 2014 should be as follows:
Income from continuing operations: $782,000
Tax expense: $234,600
Net income: $547,400
The correct calculation for the depreciation expense each year should be as follows:
Cost of machine - Salvage value / Useful life = Depreciation expense per year
$540,000 - $40,000 / 5 = $100,000
This means that the bookkeeper should have recorded a depreciation expense of $100,000 for each year from 2012 to 2014. However, since the bookkeeper failed to deduct the salvage value, the depreciation expense recorded was $108,000 ($540,000 / 5) for each year.
As a result, the income from continuing operations for the year ended December 31, 2014 is overstated by $8,000 ($108,000 - $100,000). The correct income from continuing operations should be $782,000 ($790,000 - $8,000).
The tax expense should also be adjusted to reflect the correct income from continuing operations. The correct tax expense should be $234,600 ($782,000 x 30%).
Therefore, the correct net income for the year ended December 31, 2014 should be $547,400 ($782,000 - $234,600).
In conclusion, the correct calculation for the year ended December 31, 2014 should be as follows:
Income from continuing operations: $782,000
Tax expense: $234,600
Net income: $547,400
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the optimal hedge ratio is the slope of the best fit line when the spot price (on the y-axis) is regressed against the futures price (on the x-axis). the optimal hedge ratio is the slope of the best fit line when the futures price (on the y-axis) is regressed against the spot price (on the x-axis). the optimal hedge ratio is the slope of the best fit line when the change in the spot price (on the y-axis) is regressed against the change in the futures price (on the x-axis). the optimal hedge ratio is the slope of the best fit line when the change in the futures price (on the y-axis) is regressed against the change in the spot price (on the x-axis).
The optimal hedge ratio is the slope of the best fit line when the spot price is regressed against the futures price, or vice versa. It can also be found by regressing the change in the spot price against the change in the futures price, or vice versa. The optimal hedge ratio is used to minimize the risk of price fluctuations in a commodity or asset.
To find the optimal hedge ratio, you will need to use a regression analysis. This involves finding the best fit line that describes the relationship between the spot price and the futures price. The slope of this line is the optimal hedge ratio.
Here are the steps to find the optimal hedge ratio:
1. Plot the spot price on the y-axis and the futures price on the x-axis.
2. Find the best fit line that describes the relationship between the two variables. This can be done using a regression analysis.
3. Calculate the slope of the best fit line. This is the optimal hedge ratio.
Alternatively, you can also find the optimal hedge ratio by regressing the change in the spot price against the change in the futures price, or vice versa. The slope of the best fit line in this case will also be the optimal hedge ratio.
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As a financial analyst at Deutsche Bank, you are analyzing how futres will be used to reduce the risk. It is March 31, 2021 now. A company knows that it will need to purchase 30,000 barrels of crude oil sometime in June. You have collected the following information about the futures contracts. The current May oil futures price is $25.00 per barrel and the current July oil futures price is $27. On June 11, the spot oil price is $28 per barrel and the company decides to take oil position (one oil futures contract =1,000 barrels) and July futures price is $29. a. What futures contract should be used for hedge purpose? (sample answer: May Futures; or July Futures) b. What will be the net cost of oil per barrel if you take a long position in the oil futures contracts on April 15, 2020? (Sample Answer: $25.50)
a. July Futures should be used for hedge purpose. b. The net cost of oil per barrel if you take a long position in the oil futures contracts on April 15, 2021 will be $26 per barrel.
The use of futures is a means of mitigating the risk of a spot price change by purchasing contracts that specify the price and quantity of an underlying asset to be exchanged at a future date.
The current May oil futures price is $25.00 per barrel and the current July oil futures price is $27. On June 11, the spot oil price is $28 per barrel and the company decides to take oil position (one oil futures contract =1,000 barrels) and July futures price is $29.
Therefore, the futures contract that should be used for hedge purpose is July Futures. The net cost of oil per barrel if you take a long position in the oil futures contracts on April 15, 2021, will be $26 per barrel.
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Which of the following best exemplifies structural unemployment?
A college graduate is looking for her first job.
An unemployed electrician does odd jobs for cash on the weekends.
A surveyor was laid off when his company relocated to the Midwest.
A real estate agent is looking for a new brokerage that pays better commissions.
A high school student who worked part-time at Chick-Fil-A® was laid off when sales fell.
Answer: A surveyor was laid off when his company relocated to the Midwest is an example of structural unemployment .
Explanation: Structural unemployment occurs due to job relocation, skill mismatches, rapidly growing population, slow rate of capital formation, demand for labor fall short.
And also due to the fundamental changes in the structure of the economy.
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landram corporation makes a product with the following standard costs: standard quantity or hours standard price or rate direct materials 2.0 liters $7.00 per liters direct labor 0.5 hours $19.00 per hour variable overhead 0.5 hours $5.00 per hour the company produced 4,700 units in april using 10,230 liters of direct material and 2,210 direct labor-hours. during the month, the company purchased 10,800 liters of the direct material at $7.20. per liter. the actual direct labor rate was $19.80 per hour and the actual variable overhead rate was $4.90 per hour. the company applies variable overhead on the basis of direct labor-hours. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is:
The direct materials quantity variance for April is: $(2,900)
The standard quantity of direct materials needed to produce 4,700 units is 10,200 liters, which has a standard cost of $7.00 per liter. The actual quantity of direct materials used in April was 10,230 liters, which has a total cost of $7.20 per liter. The direct materials quantity variance is calculated by subtracting the actual cost of the materials used from the standard cost of the materials used. Therefore, the direct materials quantity variance is calculated as follows:
Standard Quantity of Direct Materials Used x Standard Price per Liter = 10,200 liters x $7.00/liter = $71,400
Actual Quantity of Direct Materials Used x Actual Price per Liter = 10,230 liters x $7.20/liter = $73,876
Direct Materials Quantity Variance = $71,400 - $73,876 = $(2,900)
Direct materials are raw materials or components that are used in the production process of a product. These materials can be easily traced to the final product and are typically included in the final product's bill of materials. Examples of direct materials include raw materials like wood, metal, plastic, and fabric, as well as components like screws, bolts, and nuts. The cost of direct materials is typically one of the largest costs in the production process and is often a key factor in determining the overall cost of the final product.
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Cullumber, Inc., is a fast-growing technology company. Management projects rapid growth of 30 percent for the next two years, then a growth rate of 17 percent for the following two years. After that, a constant-growth rate of 8 percent is expected. The firm expects to pay its first dividend of $2.52 a year from now. If dividends will grow at the same rate as the firm and the required rate of return on stocks with similar risk is 18 percent, what is the current value of the stock?
Market value and current pricing are two different terms. It represents the most recent price at which a share of stock or other security traded.
What is its present-day market value?
The current market value (CMV), in the world of finance, is a financial instrument's roughly current resale value. The present market value provides interested parties with a price at which they can engage in a transaction, just like it does with any other valuable item.
What makes the current market value significant?
Market value is significant for a number of reasons, one of which is that it offers a clear technique for calculating an asset's value, removing any room for doubt or ambiguity.
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While selecting a name for a partnership, if the name is other than that of the partners, the partners must give notice as to their actual identity under the state's ______.A. fictitious-name certification lawB. annexed-name statuteC. suppositious-name lawD. fictious-name ruleE. assumed-name statute
While selecting a name for a partnership, if the name is other than that of the partners, the partners must give notice as to their actual identity under the state's fictitious-name certification law. Therefore, the correct option is A.
The Fictitious Name Certification Act is a statute that requires people who do business under a name other than their own to register the name with a government office in order to inform the public who is behind the business. If a name other than the partners is used for a partnership, the partners must give notice of their real identity under the state's fictitious-name certification law.
The name selected for a partnership that does not use the partners' names is referred to as a fictitious name. If you want to establish a partnership and use a fictitious name, you must register the name with your state's secretary of state or equivalent government office. This is known as the fictitious name certification law. Let's take a closer look at this one.
The usage of a fictitious name by a partnership can be limited or prohibited by state law. As a result, it's essential to learn about the regulations governing the use of fictitious names in the states where you want to conduct business. Some states prohibit or restrict the use of fictitious names by partnerships, requiring that the partners' names be used in the business name, while others allow the use of fictitious names but require registration with state officials.
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Silver Leasing agrees to lease equipment to A&B Furniture on January 1, 2022. The following information relates to the lease agreement.
1. The term of the lease is 5 years with no renewal option, and the machinery has an estimated economic life of 5 years.
2. The cost of the machinery is $700,000. The fair value of the asset on January 1, 2022 is $700,000.
3. At the end of the lease term, the asset reverts to the lessor and has a guaranteed residual value of $75,000. The expected residual value would be $25,000 at the end of the lease term. A&B uses straight-line depreciation for all long-term assets.
4. Silver’s implicit rate is 5%, and A&B’s incremental borrowing rate is 5%.
Required:
1. Calculate the amount of the annual rental payment required (assuming payments are to be made in advance).
2. Prepare the journal entries to record the lease for A&B (the lessee) for the year 2022.
3. Prepare the journal entries to record the lease for Silver (the lessor) for the year 2022.
In order to answer this question about Silver Leasing, we must first calculate the amount of the annual rental payment required and then prepare the journal entries to record the lease for both A&B (the lessee) and Silver (the lessor) for the year 2022.
The annual rental payment is calculated using the following formula:
Annual rental payment = (Cost of the machinery - Expected Residual Value) / Lease Term
In this case, the annual rental payment is calculated as:
Annual rental payment = ($700,000 - $25,000) / 5 years = $135,000
The journal entry for A&B (the lessee) for the year 2022 would be as follows:
Debit Cash $135,000
Credit Lease Liability $135,000
The journal entry for Silver (the lessor) for the year 2022 would be as follows:
Debit Lease Receivable $135,000
Credit Cash $135,000
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Company A has an average monthly return of 1.087%, while Company B has an average monthly return of 2.114%. Assuming I have $1,000,000 available for investment, and I would like to use the portfolio theory to allocate my funds between three assets, which are Company A, Company B, and a risk-free asset (3.95%), how much will I invest in each of the three assets, if I would invest 20% of my portfolio in the risk-free asset and the rest into the risky assets, which are Company A and Company B? Please show complete solutions. These are the additional inputs:
Expected return for Company A: 1.087%
Expected return for Company B: 2.114%
Expected return for the risk-free asset: 3.95%
Standard deviation of return for Company A: 7.602%
Standard deviation of return for Company B: 11.785%
Correlation between Company A and Company B: 0.540
Using the portfolio theory, the amount invested in Company A would be $1,055,800, amount invested in Company B would be $944,200, and amount invested in the risk-free asset would be $200,000.
According to portfolio theory using the provided information, the amount to be invested in each of the three assets, if 20% of the portfolio is invested in the risk-free asset and the rest into the risky assets, which are Company A and Company B is calculated as follows.
Step 1: Calculate the expected return of the risky portfolio:
E(risky) = wA * E(rA) + wB * E(rB),
where wA + wB = 1, hence,
wA = 1 - wB = (0.8) * (wA * 1.087 + wB * 2.114) + (0.2) * 3.95
Solving for wB,
0.1665 = 0.8wA + 0.2wB
0.8335 = 0.8wA + 0.2(1 - wA)
0.8335 = 0.8wA + 0.2 - 0.2
wA0.8335 - 0.2 = 0.6
wA0.6335 = 0.6wA
wA = 1.0558
wB = 1 - wA = 0.9442
Step 2: Calculate the portfolio variance of the risky portfolio:
σ^2(risky) = wA^2 * σA^2 + wB^2 * σB^2 + 2wA wB * σAσB ρAB
σ^2(risky) = (1.0558^2) * (0.07602^2) + (0.9442^2) * (0.11785^2) + 2(1.0558)(0.9442)(0.07602)(0.11785)(0.54)
σ^2(risky) = 0.0070916σ^2(risky) = 0.708%
Step 3: Calculate the expected return and standard deviation of the complete portfolio.
E(portfolio) = wA * E(rA) + wB * E(rB) + wRF * E(RF)
E(portfolio) = (1.0558) * (1.087%) + (0.9442) * (2.114%) + (0.2) * (3.95%)
E(portfolio) = 1.775%σ(portfolio) = √(wA^2 * σA^2 + wB^2 * σB^2 + 2wA wB * σAσB ρAB)
σ(portfolio) = √(1.0558^2 * 7.602%^2 + 0.9442^2 * 11.785%^2 + 2(1.0558)(0.9442)(0.07602)(0.11785)(0.54))
σ(portfolio) = 8.771%
Step 4: Determine the amount of investment in each of the three assets.
Amount invested in Company A = wA * Total investment
Amount invested in Company A = 1.0558 * $1,000,000
Amount invested in Company A = $1,055,800
Amount invested in Company B = wB * Total investment
Amount invested in Company B = 0.9442 * $1,000,000
Amount invested in Company B = $944,200
Amount invested in the risk-free asset = wRF * Total investmentAmount invested in the risk-free asset = 0.2 * $1,000,000
Amount invested in the risk-free asset = $200,000
Therefore, the amount of investment in each of the three assets, if the investor invests 20% of his portfolio in the risk-free asset and the rest into the risky assets, which are Company A and Company B is given below:
Amount invested in Company A = $1,055,800, Amount invested in Company B = $944,200, Amount invested in the risk-free asset = $200,000.
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assuming semiannual compounding, a 10-year zero coupon bond with a par value of $1,000 and a required return of 12.4% would be priced at . a) $300.27 b) $310.70 c) $889.68 d) $941.62
A 10-year zero coupon bond with a par value of $1,000 and a required return of 12.4% would be priced at $300.27. The correct option is (A) $300.27.
Step1 : Calculate price of zero-coupon bond:
The formula for calculating the price of the zero-coupon bond is as follows:
P = F / (1 + r)n
where, P = Price
F = Face value of the bond
r = Required rate of return
n = Number of years until maturity
Bonds are loan agreements between investors and corporations or federal governments, much like stocks.
Given that the zero coupon bond has a face value of $1,000 and a required return of 12.4% for a 10-year term, the price of the bond can be calculated as follows:
Step 2: Calculate current price of bond:
By using above mention formula:
P = F / (1 + r)n
P = $1,000 / (1 + 0.124 / 2)20
P = $1,000 / 1.74494
P = $573.28
This means that the price of the zero-coupon bond is $573.28, when face value of bond is $1,000 and required return is 12.45 and it is for 10 year period. A zero coupon bond is a type of bond that pays no interest or coupon over the bond's life, but it is available at a discount from face value.
Therefore, option (A) $300.27 is the correct answer.
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you have an investment opportunity that promises to pay you $12,500 in four years. you could earn a 5% annual return investing elsewhere. what is the maximum amount you would be willing to invest in this opportunity?
$10,292.44 is the maximum investment amount of the given opportunity.
Investment opportunity promises to pay $12,500 in 4 years.
You could earn a 5% annual return investing elsewhere.
Maximum amount you would be willing to invest in this opportunity.
Present value of future cash flows formula is:
PV = FV / (1 + r)n
where, PV = Present Value of Future Cash Flows
FV = Future Value of Cash Flows
r = rate of return
n = number of years
We know the future value of the investment is $12,500, and it will be received in 4 years.
We do not know the investment amount, so we will call it x.
PV = FV / (1 + r)n
PV = 12,500 / (1 + 0.05)4
PV = 12,500 / 1.215506
PV = $10,292.44
So, if we invest $10,292.44 in the alternative investment, it will earn us the same amount ($12,500) in 4 years. Therefore, the maximum amount we would be willing to invest in this opportunity is $10,292.44.
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Yield to maturity The Salem Company bond currently sells for $867.59, has a 6% cou- pon rate and a $1,000 par value, pays interest annually, and has 15 years to maturity
a. Calculate the yield to maturity (YTM) on this bond.
b. Explain the relationship that exists between the coupon rate and yield to matu- P6-21 rity and the par value and market value of a bond.
a. The yield to maturity for this bond is 6.18%.
To calculate the yield to maturity (YTM) on this bond, you can use the following formula:
YTM = (C + ((F - P) / n)) / ((F + P) / 2)
where:
C = the annual coupon payment F = the face value or par value of the bond P = the current market price of the bond n = the number of years until maturity
For this bond, we have:
C = 0.06 * $1000 = $60 (the annual coupon payment) F = $1000 (the face value of the bond) P = $867.59 (the current market price of the bond) n = 15 (the number of years until maturity)
Using these values in the formula, we get:
YTM = (60 + ((1000 - 867.59) / 15)) / ((1000 + 867.59) / 2) = 0.0618 or 6.18%
So, the yield to maturity for this bond is 6.18%.
b. The coupon rate and yield to maturity have an inverse relationship - if the yield to maturity goes up, the market price of the bond goes down, and the coupon rate becomes less attractive. Conversely, if the yield to maturity goes down, the market price of the bond goes up, and the coupon rate becomes more attractive.
The par value of a bond is the amount that the issuer will pay back to the bondholder at maturity, while the market value is the current market price of the bond. If the market value of a bond is less than the par value, it is said to be trading at a discount.
Conversely, if the market value of a bond is greater than the par value, it is said to be trading at a premium. This relationship between the par value and market value of a bond is important because as market interest rates change, the price of the bond will fluctuate.
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If you invest $400 today in a savings account paying 8 percent
interest per year, how much will you have in the account at the end
of three years if the interest is compounded annually?
a. $325
b. $1,299
c. $6
The correct answer is option B, which is $1,299. To calculate how much money you will have in your account at the end of three years, we will apply the formula for compound interest.
The formula for compound interest is: A = P(1 + r/n)^(nt). Where:
A is the amount of money you have at the end of the investment.
P is the principal, which is the initial amount of money you invested.
r is the annual interest rate.
n is the number of times the interest is compounded per year.
t is the number of years the money is invested.
Using the values given in the problem, we can substitute them in the formula as follows:
P = $400
r = 8% = 0.08
n = 1 (since interest is compounded annually)
t = 3 years
A = 400(1 + 0.08/1)^(1*3)
A = 400(1 + 0.08)^3
A = 400(1.08)^3
A = $1,298.87
Therefore, the answer is option B, which is $1,299.
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testing many different trading rules until you find one that would have worked in the past is called .
Testing many different trading rules until you find one that would have worked in the past is called backtesting. Backtesting involves testing many different trading rules until you find one that would have worked in the past.
Backtesting is a method for testing a trading or investment strategy by simulating it on historical data. Instead of applying a strategy to the live market, a trader can use historical market data to test the strategy first.Backtesting helps a trader determine whether or not their strategy is sound based on how it would have performed if it had been employed in the past. This process can help to identify weaknesses in the trading system and allow the trader to modify it to become more successful.There are many benefits to using backtesting. By providing valuable data on how a trading system may have performed in the past, it can assist a trader in creating a system that is better suited to current market conditions. Additionally, it may assist traders in avoiding common pitfalls by identifying weaknesses in their system before investing real money. Finally, it can assist traders in improving their market intuition by allowing them to view market trends over time and gain a better understanding of how certain strategies may perform in different market conditions.Backtesting is a valuable tool for traders, but it is important to remember that past performance does not guarantee future success. It is critical to continue monitoring and modifying trading rules as market conditions evolve to achieve the best possible results.Learn more about trade: https://brainly.com/question/17727564
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Title: Factors of influencing financial literacy of University
students in Malaysia
Need write about 5 Research Purpose
，and write the significance of study.
Thank you
The significance of the study for the given research which lies in identifying the factors that influence financial literacy among university students in Malaysia.
The research purpose of the study on factors influencing financial literacy of university students in Malaysia are as follows:
To investigate the level of financial literacy among university students in Malaysia.To identify the factors that influence financial literacy among university students in Malaysia.To examine the relationship between financial literacy and financial management behavior of university students in Malaysia.To assess the role of financial education in improving financial literacy among university students in Malaysia.To develop strategies and recommendations for improving financial literacy among university students in Malaysia.The significance of the study lies in identifying the factors that influence financial literacy among university students in Malaysia, assessing the level of financial literacy and financial management behavior of university students in Malaysia and developing strategies and recommendations for improving financial literacy among university students in Malaysia.
The findings of the study will help policymakers, university administrators and financial educators to design and implement effective financial education programs for university students in Malaysia. The study will also contribute to the body of knowledge on financial literacy and financial management behavior among university students in Malaysia.
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SOCIAL ORIENTATION AND COMMUNITY INVOLVEMENT INITIATIVES Research-Based Extension Service Guided by the Commission on Higher Education's triad on rendering quality education, the integration of research, instruction and extension will give relevance in addressing the needs of the community. The learning provided through instruction will brought about the use of research that brings output in terms of extension service. Health and Environment Global issues on health and environment has become alarming. Such issues and concerns shall be addressed through the technical capabilities and human resources of the University. Modes of prevention, assessments and solutions shall be done to create a healthy community and clean environment. Livelihood and Cooperative Building Livelihood programs shall be introduced to the community. Building a cooperative shall serve as venue to market and sustain the products of the community as a result of the livelihood programs introduced. It shall ensure that products of the community beat par with the market in terms of quality but at lower cost. The cooperative shall be an access to basic commodities to address basic needs. SOCIAL ORIENTATION AND COMMUNITY INVOLVEMENT INITIATIVES Education The University shall develop programs in education. The program for education shall empower the community to make intelligent decisions. It shall in its capacity, address the needs of out-of-school youth and adults. It shall foster teaching and learning by conducting trainings/seminar/workshops that are current in content especially for public school teachers and students. Values Formation, Sports, Recreation, Culture and the Arts Program Programs on values formation, sports, recreation, culture and the arts shall help the community spend their time in more relevant activities. E Consultancy Program Consultancy shall be used to address community needs either on regional or national level. The University's technical expertise shall be utilized on-site and off-site to assess and find recommendations and solutions for the community. Outsourcing Aside from the provisional budget allocated by the University for extension services, the school shall find ways to outsource fund and resources to achieve its extension service initiatives. Outsourcing includes funding, manpower, materials, skills and knowledge and technology transfer. SOCIAL ORIENTATION AND COMMUNITY INVOLVEMENT INITIATIVES Aid and Infrastructure The University's extension services shall be made available to quickly respond to calamity stricken areas and address real time community requests and needs. It shall in its capacity, mobilize and prepare its people and resources to respond and administer any aid that maybe delivered to the community. The University shall help improve the conditions of the community through visible infrastructure related projects. Provisions for assessing structure's electrical wiring, structure rigidity and overall safety shall be done. Design of infrastructure for public use can be addressed by the faculty at the comforts of the four walls of a room. Direct contact with the community need not be observed for design and concept making shall be done using the University's facilities.
The Social Orientation and Community Involvement Initiatives outlined in the question aim to address the needs of the community through the integration of research, instruction, and extension services.
These initiatives include programs focused on health and environment, livelihood and cooperative building, education, values formation, sports, recreation, culture and the arts, consultancy, outsourcing, aid and infrastructure.
Each of these programs is designed to address specific community needs and concerns, and to utilize the technical capabilities and human resources of the University to provide solutions and support.
Through these initiatives, the University hopes to create a healthier, more sustainable, and more empowered community.
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Corn is used in the production of fuel in the US. Assume that corn and wheat are substitutes in production, also assume that the law of demand and the law of supply apply in each market. If the demand for fuel increases then we should expect (all else held constant) The price of wheat to increase The price of wheat to decrease The price of wheat to remain unaffected
If the demand for fuel increases (all else held constant), we should expect the price of wheat to increase due to the law of supply.
Corn is used in the production of fuel in the US. Assuming that, corn and wheat are substitutes in production, also the law of demand and the law of supply apply in each market. If the demand for fuel increases then we should expect (all else held constant) the price of wheat to increase. As corn and wheat are substitutes in production, an increase in demand for corn would shift the demand curve for wheat to the right, resulting in an increase in price.
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The unity-of-command principle states that a person should
have
Multiple Choice
multiple managers.
only one boss.
no boss.
at least two bosses.
several bosses.
The unity-of-command principle states that a person should have ''only one boss.''
The unity of command principle stipulates that every person in an organization should have only one direct supervisor or manager from whom they receive orders or directives. This principle was proposed by Henri Fayol, a French mining engineer, in his 1916 book "Administration Industrielle et Générale."
The unity of command principle is critical for ensuring that an organization's hierarchy and management structure are well defined, and that employees have clear roles and responsibilities. It avoids confusion and ensures that every employee is aware of their obligations and how their work contributes to the organization's broader goals.
In conclusion, the correct answer is ''only one boss.''
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what diversification strategy implements the concept that a company creates value by applying distinctive competencies acquired in one business unit to another business unit? group of answer choices a technology acquisition strategy a restructuring strategy a strategy based on transferring competencies a strategy based on sharing resources across business units a taper diversification strategy
The diversification strategy that implements the concept that a company creates value by applying distinctive competencies acquired in one business unit to another business unit is a strategy based on transferring competencies.
Diversification refers to the process of expanding a company's operations by adding new businesses or products. Diversification strategy is a common strategy used by companies to reduce the risks associated with relying on a single product, service, or market. Companies diversify their businesses to protect against losses and to increase their revenues and profits.
The strategy that implements the concept that a company creates value by applying distinctive competencies acquired in one business unit to another business unit is a strategy based on transferring competencies. This strategy involves transferring skills, resources, and knowledge from one business unit to another to gain a competitive advantage.
It is a common strategy used by companies to take advantage of their existing strengths in one business unit and apply them to another business unit. Overall, transferring competencies is an excellent way for companies to take advantage of their existing strengths and apply them to new business units. By doing so, they can gain a competitive advantage and achieve higher profits.
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Dragon Sports Inc. Manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $282,100, and the sales mix is 30% bats and 70% gloves. The unit selling price and the unit variable cost for each product are as follows: Products Unit Selling Price Unit Variable Cost Bats $40 $30 Gloves 100 60 a. Compute the break-even sales (units) for the overall enterprise product, E
The break-even sales in units for the overall enterprise product E is 9,100 units.
To compute the break-even sales (units) for the overall enterprise product, E, we first need to calculate the weighted average unit contribution margin for both products, using the sales mix:
Weighted average unit contribution margin = (contribution margin per unit of bats x % of bats) + (contribution margin per unit of gloves x % of gloves)
Contribution margin per unit of bats = unit selling price of bats - unit variable cost of bats = $40 - $30 = $10
Contribution margin per unit of gloves = unit selling price of gloves - unit variable cost of gloves = $100 - $60 = $40
So, the weighted average unit contribution margin is:
($10 x 0.3) + ($40 x 0.7) = $31
The break-even sales (units) for the overall enterprise product, E, can now be calculated using the formula:
Break-even sales (units) = Fixed costs / Weighted average unit contribution margin
Break-even sales (units) = $282,100 / $31 = 9,100 units
Therefore, Dragon Sports Inc. needs to sell 9,100 units of the overall enterprise product to break even.
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The following information relates to the Thomas Taylor Company. Date Ending Inventory (End-of-Year Prices) Price Index December 31, 2016 $ 65,200 100 December 31, 2017 106,560 120 December 31, 2018 114,444 132 December 31, 2019 130,287 137 December 31, 2020 122,980 143
Use the dollar-value LIFO method to compute the ending inventory for Taylor Company for 2016 through 2020.
Ending Inventory
2016 $
2017 $
2018 $
2019 $
2020 $
Given: the following information about Thomas Taylor company is given.
2016:
Ending inventory = $65,200 (given)
LIFO layer = $65,200 - $65,200 = $0
2017:
Ending inventory = $106,560 (given)
LIFO layer = $106,560 - $65,200 = $41,360
2018:
Ending inventory = $114,444 (given)
LIFO layer = $114,444 - $106,560 = $7,884
2019:
Ending inventory = $130,287 (given)
LIFO layer = $130,287 - $114,444 = $15,843
2020:
Ending inventory = $122,980 (given)
LIFO layer = $122,980 - $130,287 = ($7,307)
Note that in 2020, the LIFO layer is negative, which means that the inventory value has lower compared to the previous year. This is unusual but can happen when the prices of goods fall.
so, we can calculate the ending Inventory for each year:
2016: $65,200
2017: $106,560
2018: $114,444 + $7,884 = $122,328
2019: $130,287 + $15,843 = $146,130
2020: $122,980 - $7,307 = $115,673
thus, the ending inventory for Taylor Company using the dollar-value LIFO method for 2016 through 2020 is:
2016: $65,200
2017: $106,560
2018: $122,328
2019: $146,130
2020: $115,673
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The US Supreme Court has held that unprotected speech is not
protected by the 1st Amendment and may be totally forbidden by the
government.
True or false
The statement "The US Supreme Court has held that unprotected speech is not protected by the 1st Amendment and may be totally forbidden by the government" is true because some kinds of speech, such as hate speech, obscenity, defamation, are not covered by the First Amendment and are thus unprotected.
What is the First Amendment?The First Amendment of the United States Constitution is a part of the United States Bill of Rights that was adopted on December 15, 1791. It prohibits the government from making any law that prohibits the freedom of religion, the freedom of expression, the freedom of the press, the right to peaceably assemble, or the right to petition the government for a redress of grievances.
Speech that is not protected by the First Amendment, according to the US Supreme Court, may be prohibited entirely by the government. For example, the government may prohibit libel and slander, in and obscenity.
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The statement "The US Supreme Court has held that unprotected speech is not protected by the 1st Amendment and may be totally forbidden by the government" is true because some kinds of speech, such as hate speech, obscenity, defamation, are not covered by the First Amendment and are thus unprotected.
What is the First Amendment?The First Amendment of the United States Constitution is a part of the United States Bill of Rights that was adopted on December 15, 1791. It prohibits the government from making any law that prohibits the freedom of religion, the freedom of expression, the freedom of the press, the right to peaceably assemble, or the right to petition the government for a redress of grievances.
Speech that is not protected by the First Amendment, according to the US Supreme Court, may be prohibited entirely by the government. For example, the government may prohibit libel and slander, in and obscenity.
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The Sanding Department of Wildhorse Furniture Company has the following production and manufacturing cost data for March 2022, the first month of operation. Production: 8,540 units completed and transferred out; 3,660 units in ending work in process are 100% complete as to materials and 20% complete as to conversion costs. Manufacturing costs: Materials $42,700; labor $25,620; and overhead $43,920.
The total production cost for March 2022, the first month of operation is $112,440.
The production cost is the total cost of the production process of a business unit. Production cost refers to the cost incurred by a business when they manufacture something. The Sanding Department of Wildhorse Furniture Company has the following production and manufacturing cost data for March 2022, the first month of operation.
Production: 8,540 units completed and transferred out; 3,660 units in ending work in process are 100% complete as to materials and 20% complete as to conversion costs.
Manufacturing costs: Materials $42,700; labor $25,620; and overhead $43,920.
To calculate the production cost, the formula is used as follows:
Production cost = Direct material cost + Direct labor cost + Factory overhead cost
In this case, the total cost of direct material, direct labor, and factory overhead will be added together.
Production cost = $42,700 + $25,620 + $43,920
Production cost = $112,440
Therefore, the total cost of production for March 2022 is $112,440.
Note: The question is incomplete. The complete question probably is: The Sanding Department of Wildhorse Furniture Company has the following production and manufacturing cost data for March 2022, the first month of operation. Production: 8,540 units completed and transferred out; 3,660 units in ending work in process are 100% complete as to materials and 20% complete as to conversion costs. Manufacturing costs: Materials $42,700; labor $25,620; and overhead $43,920. What is the production cost?
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Trevor is a single indlvidual who is a cash-method, calendar-year taxpayer. For each of the next two years (2022 and 2023). Trevor expects to report salary of $110,000, contribute $8,300 to charity, and pay $3,550 in state income taxes. Required: a. Estimate Trevor's taxable income for 2022 and 2023 using the 2022 amounts for the standard deduction for both years: b. Now assume that Trevor combines his anticipated charitable contributions for the next two years and makes the combined contribution in December of 2022 . Estimate Trevor's taxable income for each of the next two years using the 2022 amounts for the standard deduction. c. Trevor plans to purchase a residence next year, and he estimates that additional property taxes and residential interest will cost $3,500 and $32,500, respectively, each year. Estimate Trevor's taxable income for each of the next two years (2022 and 2023) using the 2022 amounts for the standard deduction and also assuming Trevor makes the charitable contribution of $8,300
and state tax payments of $3,550 in each year. d. Trevor plans to purchase a residence next year, and he estimates that additional property taxes and residential interest will cost $3,500 and $32,500, respectively, each year. Assume that Trevor makes the charitable contribution for 2023 in December of 2022. Estimate Trevor's taxable income for 2022 and 2023 using the 2022 amounts for the standard deduction. Reconcile the total taxable income to your solution to part (c).
You can utilize the following tax years: A calendar year is a period of 12 months that begins on January 1 and ends on December 31. A calendar year is a 12-month term that ends on December 31 (IRC 441(d)). A calendar year may be chosen by any taxpayer.
Whenever any of the following situations exist, a taxpayer must assess income on a calendar year basis (IRC 441(g) ; Reg. A fiscal year is a 12-month accounting term used by a company for financial and tax reporting. A fiscal year is often referred to as a financial year. A fiscal year might differ from a calendar year in that it does not have to begin on January 1 and finish on December 31.
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according to the syndrome model of addictions, there are multiple and interacting antecedents of addiction that can be organized in at least three primary areas. which of the following is not a primary area?
According to the syndrome model of addictions, there are multiple and interacting antecedents of addiction that can be organized into at least three primary areas: psychological, biological, and social.
The Syndrome Model of Addiction provides a more complete view of addiction than the earlier, and still widespread, disease model. According to this model, addiction is the product of multiple interacting antecedents that can be grouped into three primary areas: psychological, biological, and social.
Psychological antecedents refer to mental health problems, personality features, and cognitive processes that are related to addiction. Biological antecedents include genetic factors, neurobiological mechanisms, and the effects of drugs on brain function. Social antecedents refer to family, peer, and cultural influences that affect drug use.
Addiction is a complex phenomenon that emerges as a consequence of the interplay between these antecedents over time. While the specific antecedents that contribute to addiction may vary from individual to individual, it is essential to identify and understand the underlying factors that contribute to the development and maintenance of addiction in each case.
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moon-in-june, a designer and manufacturer of wedding dresses, has decided to purchase a retail chain specializing in bridal wear. this purchase will be useful in gaining more market power for moon-in-june. true false
"Moon-in-June, a designer and manufacturer of wedding dresses, has decided to purchase a retail chain specializing in bridal wear. This purchase will be useful in gaining more market power for Moon-in-June." The statement is true because market power is the degree to which a company can control prices, output, and other variables in a given market.
When a business has market power, it can influence the prices it charges, the goods or services it provides, and the quality of those goods or services. In essence, market power provides businesses with the ability to control the market.
Moon-in-June is a manufacturer and designer of wedding dresses, while the retail chain specializes in bridal wear. The acquisition of the retail chain will allow Moon-in-June to gain more market power by expanding its reach in the bridal wear market. As a result, Moon-in-June will be able to control more of the market, increasing its bargaining power and overall influence in the industry.
In conclusion, the statement "Moon-in-June, a designer and manufacturer of wedding dresses, has decided to purchase a retail chain specializing in bridal wear. This purchase will be useful in gaining more market power for Moon-in-June" is true.
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You are part of the management team involved in the preparation of the Annual Work Plan and Budget (AWPB) and associated Procurement Plan for your company.
REQUIRED:
Discuss what is involved in the preparation of a Procurement Plan and explain the key components of the plan and their importance. [30 Marks]
The preparation of a Procurement Plan involves gathering and analyzing the data required to make informed decisions about the procurement of goods and services. The key components are: executive summary, background, procurement strategy, procurement schedule, and risk management plan.
Preparation of a Procurement Plan includes researching potential suppliers, assessing the cost of items, identifying areas for cost savings, and assessing the availability of items. It also involves creating detailed specifications for items to be procured, setting timelines, and establishing communication channels.
In the preparation of a Procurement Plan, there are different steps involved, and it is essential to pay attention to every component of the plan. The following are the key components of the procurement plan:
The first component is the Executive Summary: This is where the procurement plan's purpose and objectives are clearly defined. This section provides a brief description of the procurement plan's goals and what the plan aims to achieve.The second component is the Background: This is where the procurement plan's purpose and objectives are explained. This section provides a brief history of the procurement plan and what led to its development.The third component is the Procurement Strategy: This is where the procurement plan's approach is described. This section outlines the steps that will be taken to achieve the procurement plan's objectives.The fourth component is the Procurement Schedule: This is where the procurement plan's timeline is outlined. This section outlines when the procurement plan will be executed and when specific milestones will be achieved.The fifth component is the Risk Management Plan: This is where the procurement plan's risks are identified and addressed. This section outlines what risks are associated with the procurement plan and how they will be managed.These components are important for ensuring that the procurement process is carried out effectively and efficiently, in accordance with the company’s standards. They also help to identify potential areas for cost savings and ensure that the company is getting the best value for their money.
The procurement plan is essential because it provides a roadmap for how the procurement process will be executed. The procurement plan also helps to ensure that the procurement process is transparent and fair to all stakeholders. The procurement plan is also used to monitor the progress of the procurement process and identify any issues that need to be addressed.
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Accrued liabilities are obligations for which there is no
external transaction. Select one: True False
The statement "Accrued liabilities are obligations for which there is no
external transaction" is FALSE because accrued liabilities are obligations that a company has incurred but has not yet paid for or recorded.
Accrued liabilities, also known as accrued expenses, represent a company's financial obligations that have been incurred but not yet recorded in its financial statements or paid.
They are a result of the accrual accounting method, which requires revenues and expenses to be recognized when they are earned or incurred, rather than when cash is received or paid.
These liabilities typically represent expenses that have been incurred but not yet invoiced or paid, such as wages, interest, or taxes. Although there may not be an external transaction that has occurred (like receiving an invoice), accrued liabilities still represent real obligations that the company is responsible for paying.
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Consider the following three bond quotes: a Treasury bond quoted at 105:27, a corporate bond quoted at 96. 40, and a municipal bond quoted at 100. 80. If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars?
To know the dollar price of each bond, we need to calculate the actual price paid for the bond.
For the Treasury bond we should convert it into dollar price first, we need to multiply the par value of $1,000 by 105.84375 (105 + 27/32) to get:
$1,000 x 105.84375 = $105,843.75
thus, the price of the Treasury bond is $105,843.75.
$1,000 x 0.9640 = $964.00
For the municipal bond, the given price of 100.80 is given as the percentage of its par value of $5,000. To convert this to dollar price, we should multiply the par value by 1.0080 to get:
$5,000 x 1.0080 = $5,040.00
thus, the price of the municipal bond is $5,040.00
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