If you have money in a savings account, you will do better if the bank pays you ___________., a. simple interest, b. compound interest, c. it doesn't matter whether the interest in simple or compound, it's only the interest rate that matters, d. the question cannot be answered because banks rarely pay compound interest on savings accounts
the answer c. it doesn't matter whether the interest in simple or compound, it's only the interest rate that matters. is the wrong answer

A company is enjoying growing returns to scale if it is performing at a position on its long-run total cost average curve at which slope is negative.

A partnership is a for-profit enterprise that often takes the form of a partnership and offers professional services like accountancy or legal counsel. According to the philosophy of the firm, places operate to maximize profits.

The phrase "business house" first appeared there in English language in 1744, according to an International Etymology Dictionary. It is said to have originated from the German term Firma, which meant "a firm, name of either a firm" and was derived as from Italian words Firma, which meant "signature," and Firmare, which meant "to sign."

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Answer:

1. Present value of cash-out flow = Purchase of new machine + Cost of working capital - Sale of old machine

Present value of cash-out flow = $700,000 + $115,000 - $170,000

Present value of cash-out flow = $645,000

Year   Cash flow   PVF 9%    Net cash flow

1          $150,000     0.917          $137,550

2         $180,000     0.842         $151,560

3         $180,000     0.772         $138,960

4         $180,000     0.708         $127,440

5         $180,000     0.65           $117,000

Present value of Cash inflow    $672,510

Present value of Cash outflow ($645,000)

Net present value                     $27,510

2. Yes, Hospital would want to purchase the new machine because the Net present value is positive.

Answer:

D

Explanation:

Answer:

Explanation:

Calculation to determine consolidated net income attributable to Chamberlain Corporation

Using this formula

Consolidated net income attributable to Chamberlain Corporation=[(Neville Revenues-Neville Expenses)+(Chamberlain Revenues-Chamberlain Expenses)- Annual excess fair-value amortization]-[(Neville Revenues-Neville Expenses)-Annual excess fair-value amortization*percentage of ownership in Neville.

Let plug in the formula

Consolidated net income attributable to Chamberlain Corporation=[($460,000-$328,000)+($784,000-$440,000)-$19,800]-[($460,000-$328,000)-$19,800*40%]

Consolidated net income attributable to Chamberlain Corporation=($132,000+$344,000-$19,800)-($132,000-$7,920)

Answer:

Date                General journal                       Debit                Credit

Dec 31, 2017   Cash                                   $38,000,000

                       Compensation expense   $6,705,882

                       [($38,000,000/85%)*15%]

                               Common stock [221,071 * $0.001]             $221

                               Paid in capital - in excess of par               $44,705,661

Answer:

a. In order to determine the viability of these projects and allocate the appropriate discount rate, it is necessary to consider the current global business context. This includes factors such as economic conditions, political stability, competition, and other risks specific to each region.

Based on this analysis, the USA project may be considered more viable due to its larger market size and generally more stable economic and political environment compared to Europe. However, the European project may offer potential for growth in certain sectors, such as technology or green energy.

In terms of discount rates, it would be appropriate to allocate a higher rate for the European project due to the greater inherent risks associated with expanding into this region. The discount rate for the USA project could be lower, reflecting the lower perceived risk.

b. In order to calculate the amount of investment needed for each project and the corresponding NPV, we will need to convert the projected cash flows into GBP using the current spot exchange rate. For example, if the spot exchange rate for USD is 1.30 GBP and the spot exchange rate for EUR is 1.20 GBP, the investment needed for the USA project would be £20 million and the investment needed for the European project would be £20 million.

Using a discount rate of, say, 10% for the USA project and 15% for the European project, we can then calculate the NPV of each project as follows:

USA project:

NPV = -£20 million + (£2 million / 1.1) + (£4 million / (1.1^2)) + (£5 million / (1.1^3)) + (£6 million / (1.1^4)) + (£8 million / (1.1^5))

= £2.8 million

European project:

NPV = -£20 million + (£2 million / 1.15) + (£3 million / (1.15^2)) + (£4 million / (1.15^3)) + (£8 million / (1.15^4)) + (£8 million / (1.15^5))

= £2.2 million

c. In order to anticipate and mitigate the impact of exchange rate fluctuations on these projects, it may be advisable to use forward exchange contracts to lock in a specific exchange rate for a future date. This can help to reduce uncertainty and protect against potential losses due to unfavorable movement in the exchange rate.

Additionally, it may be helpful to diversify the currency exposure of the projects by investing in a range of currencies or using currency hedging strategies. This can help to reduce the overall risk associated with exchange rate fluctuations.

d. Based on the calculations above, it appears that the USA project may offer a higher NPV and therefore may be the more attractive option. However, it is important to consider all factors when making this decision, including the specific risks and opportunities associated with each region, as well as the company's overall goals and resources.

Answer:

Missing word "a. What must the six-month risk-free rate be in Japan"

a. Spot rate = 1 US $ = 1.2377 Aus.dollar

Forward rate = 1 US $ = 1.2356 Aus.dollar

1.2356 = (1 + i Ad)

1.2377     (1 + 0.05)

0.9983 * (1.05) = 1 + i.Ad

1.048215 = 1 + i.Ad

i.Ad = 1.048215 - 1

i.Ad = 0.048215

i.Ad = 4.82%

b. Spot rate = 1 US $ = 100.3300 Japan Yen

Forward rate = 1 US $ = 100.0500 Japan Yen

100.0500 = (1 + i Ad)

100.3300     (1 + 0.05)

0.9972 * (1.05) = 1 + i.Ad

1.04706 = 1 + i.Ad

i.Ad = 1.04706 - 1

i.Ad = 0.04706

i.Ad = 4.71%

Before a will is written, a testamentary trust must go through probate. The correct answer is option (a).

Before a will is written, a testamentary trust must pass through probate. In the course of probating the will, the executor will also establish the trust. Legal expenses may be deducted from the trust funds if the trustee needs legal counsel on how to manage the trust.

The term "probate" refers to a copy of a will that has been witnessed by a court official and is accompanied by a grant of management of the testator's assets. Only the will's appointed executor is eligible for a probate. A probate is also required if the will covers real estate in more than one state.

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Answer:

The answer is A. This statement is true.

Answer: Protected by the Family and Medical Leave Act (FM-LA).

Explanation:

The FM-LA protects her from this action by Strawn and Simpson as it states that Lily should be allowed to take leaves for a serious medical condition.

The FM-LA considers cancer a serious medical condition and has a provision for instances where the employee can miss periods of work to take treatments provided that they disclose this to their employers.

The employees are allowed to break the maximum period of 12 periods leave per year into blocks such as daily and hourly. Lily is therefore allowed by law to seek what she was seeking from the company and so she can file a complaint with the Department of Labor under this Act to seek redress.

Answer:

Results are below.

Explanation:

A)

We need to determine the profit when 1,200 units are sold:

Operating profit= total contribution margin - fixed costs

Operating profit= 1,200*(150 - 90) - 48,000

Operating profit= $24,000

B)

To calculate the break-even point in units, we need to use the following formulas:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 48,000 / (150 - 90)

Break-even point in units= 800 units

C)

Now, the contribution margin ratio:

Contribution margin ratio= (150 - 90) / 150

ontribution margin ratio= 0.4

D)

To calculate the break-even point in dollars, we need to use the following formulas:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 48,000/0.4

Break-even point (dollars)= $120,000

E)

Desired profit= $57,000

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (48,000 + 57,000) / 60

Break-even point in units= 1,750

Break-even point (dollars)= (fixed costs + desired profit) / contribution margin ratio

Break-even point (dollars)= 105,000 / 0.4

Break-even point (dollars)= $262,500

F)

Desired profit= 15%

Number of units to be sold= Break-even point*1.15

Number of units to be sold= 800*1.15

Number of units to be sold= 920

Answer:

NZ$25 million

Explanation:

Assuming salvage value = X

Cash flow in year 1 = 12 million*0.60 = $7.2 million

Cash flow in year 2 = 30 million*0.60 = $18 million

Note: At break-even salvage value, Net Present Value = 0

So, Initial cost = Present value of inflow  (Sum of inflow*PV factor)

Initial cost = 7.2(PV 18%, 1 year) + 18(PV 18%, 2 years) + X(PV 18%, 2 years)

30 = 7.2*0.847 + 18*0.718 + X*0.718

30 = 19.02 + X*0.718

X*0.718 = 30 - 19.02

X*0.718 = 10.98

X = 10.98/0.718

X = 15.292479

X = $15.29

Stable exchange rate of $.60 per NZ$ over the next two years.

Break-even salvage value = 15.29/0.60

Break-even salvage value = NZ$25.4833

Break-even salvage value = NZ$25 million

Answer:

You might consider adding a time buffer to any of these activities.

Explanation:

Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service.

Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.

Furthermore, the main purpose of project management is working toward a common goal.

This ultimately implies that, project managers should ensure adequate attention and time is taken to identify, analyze and manage capital, raw materials, people, system of tasks and other resources, so as to effectively and efficiently achieve a common goal with all project stakeholders.

A time buffer also referred to as slacks or lag can be defined as the additional amount of time added to a project in order to keep it on track and/or flexible.

Generally, in the execution of a project, when a task is delayed it normally affects the start or finishing time of the other tasks (successors) in a project. The amount of time that is permitted for an activity to be delayed without delaying the early start date of any immediately following (succeeding) activities refers to free slack, which is capable of having an adverse effect on entire project.

A project manager might consider adding a time buffer to any of the following activities;

I. Activities with scarce resources.

II. Activities with severe risks.

III. Merge activities that are prone to delays.

IV. Noncritical activities with very little slack.

Answer:

See below

Explanation:

Given the above information, the adjusting entry for Chynne will be;

Answer:

$46.56

Explanation:

Calculation to determine the cost per unit.

Units Units Cost Total cost

June1 Beginning inventory 38* $42 =$1,596

June4 Purchase 135 *$46=$6,210

June18 Purchase 58 *$48=$2,784

June18 Purchase return (9) *$48=($432)

June28 Purchase 33 *$52=$1,716

Total= 255 $11,874

Now let calculate the cost per unit using this formula

Weighted average cost per unit=Costs of goods sold for sale/Units available for sales

Let plug in the formula

Weighted average cost per unit=$11,874/255

Weighted average cost per unit=$46.56

Therefore the cost per unit is $46.56

Answer:

c. DPOHRs are better for estimating costs across departments when the same allocation base is used.

Explanation:

In the case when the predetermined overhead rate of plantwide would be compared with the predetermined overhead rate of the individual department so the  predetermined overhead rate of the individual department  would be considered better for predicting the cost at the time when similar allocation base should be applied

Therefore the option c is correct

Answer: A. synchronous

Explanation: Communication that occurs via small group discussion would fall under the category of synchronous communication. Synchronous communication refers to a type of communication that occurs in real-time, such as a conversation or a meeting. It involves people interacting with each other at the same time, rather than asynchronously, where people communicate at different times.

Which cultures prefer having people stand close to one another attitude toward proxemics she is most likely to discover. Thus option A is correct.

The term "culture" is a general one that refers to individual interaction, structures, and norms present in modern populations in addition to people that make up these communities as well as their skills, beliefs, including abilities.

Proxemics is the study of how people use space and how population size affects how they behave, communicate, and interact with others. the field of study that examines the distance that people feel they must maintain within themselves and others. Therefore, option A is the correct option.

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Answer:

used to sort, store and summarize a company's transactions.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, account payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).

Thus, it is a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time.

A general journal is used for initially recording a transaction before it's then subsequently transferred or posted to the general ledger. In Financial accounting, this process of transferring information about a transaction from the general journal to the general ledger is known as posting.

Furthermore, the main purpose of a general ledger is to list all accounts used in recording an organization's transactions and as such it contains a list of transactions affecting each account and the account's balance.

Hence, the general ledger is used to sort, store and summarize a company's transactions.

Answer:

Option B ($5,500) is the appropriate choice.

Explanation:

The given expression is:

⇒  [tex]C = 5,500 + 0.9Y[/tex]

At the zero (0) level of income, the consumption would be the Autonomous consumption.

then,

Y = 0

On substituting the value of "Y" in the given expression, we get

⇒  [tex]C=5,500+0.9(0)[/tex]

⇒      [tex]=5,500+0[/tex]

⇒      [tex]=5,500[/tex] (%)

The income tax that is payable to the federal government is collected by the  Internal Revenue Service.

When the government of a nation collects money from its residents as a tax, it is used to fund various aspects of the nation's growth, such as the construction of hospitals, roads, temples  and transit systems,

Taxes on individual income, payroll, and corporate income are the three main ways that the federal government receives its revenue. Individuals' wages and salaries as well as investment and other income are subject to income taxes.

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hics has always been an important aspect of business, but in recent years, its significance has been further highlighted by a growing number of high-profile corporate scandals and increased public scrutiny of corporate behavior. As such, many businesses and organizations are placing a greater emphasis on ethical practices and decision-making.

One of the key reasons for this increased emphasis on ethics is the recognition that ethical behavior is not only the right thing to do, but it also has a positive impact on a company's bottom line. Ethical practices can lead to improved employee morale and productivity, increased customer loyalty, and a better reputation in the community. Additionally, businesses that prioritize ethics are less likely to face legal or financial penalties for unethical behavior.

On the other hand, ethical absolutism and ethical relativism are two theories that help to explain the perspective of ethics.

Ethical absolutism is the belief that there are certain moral rules that are universally and always right or wrong, regardless of the situation or the person's culture. For example, an ethical absolutist would say that it is always wrong to lie, cheat, or steal. This theory holds that there is an objective, universal standard of morality that applies to everyone.

On the other hand, Ethical relativism holds that morality is relative to the individual or the culture, and what is considered right or wrong can vary from person to person or culture to culture. The ethical relativist would argue that lying, cheating, or stealing could be morally acceptable in certain situations or cultures. For example, a relativist would say that something that is considered right in one culture may not be right in another culture.

In conclusion, businesses and organizations are increasingly recognizing the importance of ethics, both from a moral and a business perspective. Ethical absolutism and ethical relativism are theories that help to explain different perspectives on ethics, with the former holding that there are objective moral standards that apply to everyone and the latter believing that morality is relative to individual or culture.

Answer:

Explanation: Managament techniques should be adjusted according to specific circumstances.

one techniques maybe good in one situation but maybe not good in other situation.

principles of management are not static in nature.

management is concerned with the human element in an organization.

Answer:

a) X ( number of package bought from Fred motors ) = 30

   Y ( number of package bought from Admiral ) = 20

   Z ( number of package bought from Chrysalis ) = 30

b) The smallest total cost = $32,000,000

Explanation:

Given data :

cars types         x                     y              z                quantity needed

small                  5                    5             10                      550

medium             5                    10            5                       500

large                  10                   5             5                       550

cost              $500,000     $400,000  $300,000        

Note : x = number of package bought from Fred motors , y = Admiral motors ,  z = Chrysalis motors

The number of packages to be bought from each car manufacturer to keep total cost as small as possible

X ( number of package bought from Fred motors ) = 30

Y ( number of package bought from Admiral ) = 20

Z ( number of package bought from Chrysalis ) = 30

The smallest total cost = ( 30 * 500,000 ) + ( 20*400,000) + (30*300,000 )

                                      = $32,000,000

Attached below is the detailed solution

The beginning balance of each account before the transactions is: Cash, $3,400; Accounts Receivable,$4,200; Supplies, $400; Accounts Payable,$3,500; Deferred Revenue, $300. Service Revenue and Advertising Expense each have a beginning balance of zero.

An executed contract between a buyer and a seller to trade goods, services, or financial assets in exchange for money is known as a transaction.

The phrase is also frequently used in business accounting. This straightforward definition might be challenging in corporate bookkeeping.

Depending on whether a corporation utilizes accrual accounting or cash accounting, it may record a transaction sooner or later.

Therefore, The beginning balance of each account before the transactions is: Cash, $3,400; Accounts Receivable,$4,200; Supplies, $400; Accounts Payable,$3,500; Deferred Revenue, $300. Service Revenue and Advertising Expense each have a beginning balance of zero.

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Answer:

a) $26

b) 1,038,462 shares

c) i) 0.037 ,  ii) 0.963

Explanation:

Total market value = 26 million

a) Determine the price at which the new shares will be issued in year 1

number of shares issued after year 1 = ( 1,000,000 + x )

x = new shares

p = price of new share

Total value of firm = Total market value + Dividend payment

                              = $26 million + $1 million = $27 million

p = Total value / x  = 27 million / x  ----- ( 1 )

also : x * ( p ) = $1,000,000

back to equation 1

P = $27,000,000 / ( 1,000,000 + x )

p ( 1,000,000 + x ) = $27,000,000

∴ ( 1,000,000 * P ) + 1,000,000 = $27,000,000

hence P = $26,000,000 / 1,000,000

price at which share new share will be issued = $26

b) Determine the number of shares the firm will issue

P( 1,000,000 + x ) = $27,000,000

= 26 ( 1,000,000 + x ) = $27,000,000

x =  ( 27,000,000 / 26 ) - 1,000,000

number of shares ≈ 38462

Number of new shares that the firm will need to issue

=  ( 1,000,000 + 38462 ) = 1,038,462 shares

c) Determine the expected dividend payments on these new shares and

dividend payment on new shares = New shares / Total outstanding shares

                                                        = 38462 / 1,038,462 = 0.037

dividend payment to old shareholder = 1 - 0.037

                                                              = 0.963

Answer:

4.64 years

Explanation:

The computation of the payback period is given below;

We know that

Payback period = Investment required ÷ Net annual cash inflow

where,

Net annual cash inflow is

= $29,400 + $45,800

= $75,200

Now the Payback period is

= $349,000 ÷ $75,200

= 4.64 years

hence, the payback period of the project is 4.64 years

Answer:

$295,200

Explanation:

The computation of the joint cost that should be assigned to unit B is given below

But before that we have to determine the total and weightage

So, the total is

= 2,880 × $1.50 + 7,200 × $0.90

= $4,320 + $6,480

= $10,800

Now the weightage is

= $6,480 ÷ $10,800

= 60%

And, the joint cost is

= $420,000 + $72,000

= $492,000

So, the joint cost assigned to unit B is

= $492,000 × 60%

= $295,200