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
An analyst has timed a metal-cutting operation for 50 cycles. The average time per cycle was 10.40 minutes, and the standard deviation was 1.20 minutes for a worker with a performance rating of 125 percent. Assume an allowance of 16 percent of job time. Find the standard time for this operation.
After calculating, the standard time for this operation is approximately 15.36 minutes per cycle.
To calculate the standard time for the operation, we need to consider the basic time (average time per cycle), the performance rating, and the allowance factor. The formula for calculating the standard time is as follows:
Standard Time = (Basic Time) * (Performance Rating) * (1 + Allowance Factor)
Given the values:
Basic Time = 10.40 minutes per cycle
Performance Rating = 125% (or 1.25 as a decimal)
Allowance Factor = 16% (or 0.16 as a decimal)
Plugging these values into the formula:
Standard Time = 10.40 * 1.25 * (1 + 0.16)
Standard Time = 10.40 * 1.25 * 1.16
Standard Time = 15.36 minutes per cycle
So, the standard time for this operation is approximately 15.36 minutes per cycle.
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The stock market jumped 1% today. Lending Tree, a peer-to-peer
lender, has a average daily range of 5.5%. Are these large
movements and how do we tell?
A 1% jump in stock market may be considered a moderate movement, as daily fluctuations of up to 2-3% are not uncommon.
What is stock market?The stock market is platform where investors can buy and sell the shares of publicly traded companies. These companies issue shares of stock as a way to raise capital, and investors can purchase these shares as a way to invest in the company's growth and future profits. The stock market serves as a marketplace for these transactions, with buyers and sellers coming together to determine the price of a particular stock. The price of a stock is influenced by a variety of factors, including the company's financial performance, overall market conditions, and investor sentiment. Investors can make money through buying stocks that increase in value and selling them for a profit, or by earning dividends from the company's profits.
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Assignment 1 \& Drop Box Business Psychology - Spring 2023 Assignment 1 Numerous behavioral genetic studies have demonstrated that individual differences in psychological traits develop under the influence of both genetic and environmental factors. These studies have also suggested that genetic factors do not influence a trait in a deterministic way. This implies that environmental factors influence a human being trait more than genetic factors. List seven environmental factors that influence human being behaviors and briefly. explain how one of these factors can do that? N.B: 1) You need to explain only one of the seven factors how it influences traits. 2) No references are needed. 3) Your answer should be between 300 to
500
words in total.
Seven environmental factors that influence human being behaviors are:
ClimateGeographical locationNatural resourcesPollutionUrbanizationCultureTechnologyHow can environmental factors that influence human being behaviors?Environmental factors can influence human being behaviors through Climate, the climate of a region can have a significant impact on human behavior. For example, extremely hot or cold temperatures can affect the way people dress, work, and interact with each other.
Another way is through Geographical location whereby eople living in different geographic locations may have different behaviors due to factors such as terrain, access to resources, and exposure to natural disasters. However the availability of natural resources such as water, food, and energy can affect human behavior and societal development. The depletion of natural resources can also lead to conflicts and migration.
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the hr manager of carl investments, a share broking firm, has decided to arrange regular yoga classes for the employees of the firm. he has made this decision because many employees have recently complained of poor health due to workload. in the given scenario, the hr manager of carl investments is using a(n) . group of answer choices institutional program defined benefit plan defined contribution plan collateral stress program
The HR manager of Carl Investments is using a stress program in this scenario.
A stress program is a workplace program designed to manage and reduce stress levels of employees, often through activities such as yoga.
By providing regular yoga classes, Carl Investments' HR manager is attempting to combat the health complaints of employees due to workload by providing a preventative measure to combat the source of their stress.
This type of program is used in the workplace to improve employees' health, productivity, and morale.
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Roy's Welding common stock sells for $51.92 a share and pays an annual dividend that increases by 2.6 percent annually. The market rate of return on this stock is 11.2 percent. What is the amount of the last dividend paid?
Given Information: Common stock of Roy's Welding sells for $51.92 per shareIt pays an annual dividend that increases by 2.6%The market rate of return on this stock is 11.2%.The amount of the last dividend paid To determine the amount of the last dividend paid, we will apply the formula; Gordon Model, Dividend (D) = D0 * (1+g)
Where;D0 = Dividend at the start of the first year g = Annual dividend growth rate.
Therefore, the amount of the last dividend paid (D0) = D1 / (1+g)Where;D1 = Dividend paid in the first year
Steps involved in the solution;
Step 1: Calculate the dividend growth rate
Step 2: Calculate the required rate of return
Step 3: Calculate the price of the stock
Step 4: Calculate the dividend amount
Solution:
Step 1: Calculation of dividend growth rate. Annual dividend growth rate, g = 2.6%Therefore, g = 2.6 / 100 = 0.026
Step 2: Calculation of required rate of return. The market rate of return on this stock, r = 11.2%Therefore, r = 11.2 / 100 = 0.112
Step 3: Calculation of the price of the stock The price of a share of common stock is given as $51.92Step 4: Calculation of the dividend amount, We can use the formula, Dividend (D) = D0 * (1+g)The last dividend amount paid (D0) = D1 / (1+g)Where;D1 = Dividend paid in the first year
We can use the Gordon Model to calculate D1D1 = D0 * (1+g) => D0 = D1 / (1+g)We will use the Gordon model to calculate the dividend in the first yearD1 = D0 * (1+g)D1 = D0 * (1+0.026)D1 = D0 * 1.026Let D0 = x
Since the stock pays annual dividends, we can assume that the last dividend paid is the dividend paid in the previous year. Therefore, D0 is equal to the dividend paid last year. Using the formula; $51.92 = x / (0.112 - 0.026)X = 51.92 * 0.086 = $4.47The amount of the last dividend paid is $4.47Answer: The amount of the last dividend paid is $4.47.
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M4 Discussion: Case Study 2 Discussion Topic You've done such a great job convincing the CEO and CFO that your organization should develop strategies and plans for hiring and promoting more women in to management positions, that you now have to present your plans. Using the readings from this module, post at least three programs you will recommend to your senior management. You must also include your rationale for each program -why you think it will work, what you hope you will achieve, etc. After you have posted, please read and respond to classmate's posts. You can review the material on discussion posts found in the Course Introduction.
Diversity and inclusion initiatives, leadership development initiatives, and mentoring programmes By increasing the proportion of women in management roles, these programmes can assist solve the issues faced by women in the workplace.
What are the mentoring process' four pillars?Be aware of the four pillars of mentorship: communication, trust, respect, and expectation, whether you're the mentor or the mentee. Improved satisfaction will result from spending a few minutes explicitly outlining the relationship expectations and communication logistics.
What serves as a mentor's purpose?The goal of mentoring is to assist mentees in gaining access to the knowledge of those with more experience than themselves so they can learn more quickly than they otherwise would. They can expand their network and establish connections with influential people other than just their peers.
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oposal should be prepared for which of the following reasons? to announce a new wellness program for employees to make an offer to solve problems, provide services, or sell products to deliver bad news to employees
The proposal should be prepared to announce a new wellness program for employees, make an offer to solve problems, provide services, or sell products, and to deliver bad news to employees.
A proposal is an important document that outlines a plan of action or provides an offer from one party to another. Proposals are often used to announce new programs or services to customers or employees.
They can also be used to make an offer to solve problems, provide services, or sell products. Finally, proposals can also be used to deliver bad news to employees.
When creating a proposal, the writer should ensure that all relevant information is included and that the language used is clear and concise.
All information should be factually accurate, and the proposal should include a step-by-step explanation of the plan or offer. Additionally, the proposal should include any terms and conditions that both parties must agree to in order to move forward.
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tabletop industries just went through a restructuring and is experiencing reduced labor costs. it is most likely that tabletop just completed what? a. a downscoping b. an employee buyout c. a management buyout d. a downsizing
Tabletop Industries just went through a restructuring and is experiencing reduced labor costs. It is most likely that Tabletop just completed a downsizing . The correct option is (d).
Tabletop Industries' recent restructuring appears to have resulted in a reduction in labor expenses, indicating that the company has reduced the size of its workforce. As a result, a downsizing is the most probable cause of the restructuring. Downsizing could be driven by a variety of factors, including economic downturns, a shift in the industry, or a shift in company goals or strategies.
A downsizing could be beneficial in the long term for a business by increasing efficiency and competitiveness, but it may also result in negative publicity and low morale among remaining employees, particularly if the downsizing is unexpected or poorly managed. A downsizing is defined as reducing the size, extent, or quantity of something.
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a manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: selling price $ 146 units in beginning inventory 0 units produced 2,470 units sold 2,040 units in ending inventory 430 variable costs per unit: direct materials $ 50 direct labor $ 20 variable manufacturing overhead $ 11 variable selling and administrative expense $ 19 fixed costs: fixed manufacturing overhead $69,160 fixed selling and administrative expense $20,400 the total gross margin for the month under absorption costing is: multiple choice $75,480 $16,320 $83,040 $93,840
The total gross margin for the month under absorption costing is $16,320.
The gross margin under absorption costing is calculated as: Gross Margin = Sales - Cost of Goods Sold. The Cost of Goods Sold is calculated as follows:
Cost of Goods Sold = Beginning Inventory + Cost of Goods Manufactured - Ending Inventory
Cost of Goods Manufactured
= Direct Materials + Direct Labor + Variable Manufacturing Overhead + Fixed Manufacturing Overhead (absorption costing) + Variable Selling and Administrative Expense
= $50 + $20 + $11 + $69,160/2470 + $19
= $100.80/unit (rounded to two decimal places)Cost of Goods Sold
= 0 + (2470 x $100.80) - 2040 x $100.80) = $208,656
Gross Margin = $294,840 - $208,656 = $86,184
However, the question requires the total gross margin under absorption costing, which includes both fixed and variable manufacturing overheads. Therefore, we need to add fixed manufacturing overheads to our cost of goods sold calculation.
Fixed Manufacturing Overhead under absorption costing = Fixed Manufacturing Overhead rate x Number of units produced= $69,160/2,470= $28 per unit
Total Gross Margin = Sales - (Variable Costs per unit x Units sold + Fixed Manufacturing Overhead + Fixed Selling and Administrative Expense)= $294,840 - (2040 x $100.80 + $69,160 + $20,400)= $16,320. Answer: $16,320.
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Assume the risk-free interest rate, Rf, is the yield of the
12-month Treasury bill, currently at 3.3%. Inflation is currently
at 2.1%. Calculate the real risk-free interest rate.
As per given data, Risk-free interest rate (Rf) = 3.3%, Inflation rate = 2.1%.
We know that real risk-free interest rate is the rate at which an investor can lend or borrow money without any risk. Real risk-free interest rate formula: Real risk-free interest rate = Nominal rate - Inflation rate.
The nominal rate is the rate at which the money is lent or borrowed with consideration of inflation. Let's find the nominal rate. We have, Nominal rate = Risk-free interest rate + Inflation rate= 3.3% + 2.1%= 5.4%.
Putting this in the formula of the real risk-free interest rate. Real risk-free interest rate = Nominal rate - Inflation rate= 5.4% - 2.1%= 3.3%Therefore, the real risk-free interest rate is 3.3%.
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In your own words describe and provide an example of the
Functional theory and how it relates to social issues in Canada or
globally.
The Functional Theory is a sociological perspective that emphasizes the interdependence of various social institutions and the contribution of each institution to the overall stability and functioning of society. An example of the Functional Theory in action could be the healthcare system in Canada.
The Functional Theory, suggests that each part of society has a specific function or purpose that contributes to the overall well-being of society. When all parts of society are functioning correctly and harmoniously, society is said to be in a state of equilibrium.
The healthcare system has many different parts including hospitals, clinics, doctors, nurses, and other healthcare professionals. Each part has a specific function to contribute to the overall functioning of the system. Doctors diagnose and treat patients, nurses provide care and support, hospitals provide a place for treatment and recovery, and clinics provide preventative care and other services.
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The panama canal expanded to accommodate larger container ships in 2016. Which effect will this new infrastructure most likely have on patterns of world trade and food distribution?
The Panama Canal expanded to accommodate larger container ships in 2016. It will affect the cost of food transport, changing shipping routes and making a trade with different end markets more or less desirable.
The 48-mile-long (77 km) International waterway known as the Panama Canal allows vessels to pass between the Atlantic Ocean and the Pacific Ocean, saving about 8000 miles (12,875 km) from a journey around the southern tip of South America, Cape Horn. After an intensive construction program (2009-2016), the Cocoli and Agua Clara Locks added a third lane to the Panama Canal for the transit of Neopanamax vessels.
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what are three benefits of forming a company?
Answer:
Taxation benefits, enhanced credibility, liability protection and greater ability to raise capital
there are two bonds, corporate bond yields 12% rate of return while municipal bond yield 7% rate of return. if your marginal tax rate is 26%, what is the after-tax rate for corporate bond? what is the after-tax rate for municipal bond? which one would you choose?
The after-tax rate for the municipal bond is 5.18%
Given, Corporate bond yields 12% rate of return while municipal bond yield 7% rate of return. If your marginal tax rate is 26%, we have to calculate the after-tax rate for corporate bond and municipal bond. After-tax rate for corporate bond:
The formula to calculate the after-tax rate for corporate bond is: After-tax rate = (1 - tax rate) × Yield
After substituting the given values, we get
After-tax rate = (1 - 0.26) × 12
After-tax rate = 0.74 × 12
After-tax rate = 8.88
Therefore, the after-tax rate for the corporate bond is 8.88%. After-tax rate for municipal bond:
The formula to calculate the after-tax rate for municipal bond is:
After-tax rate = Yield × (1 - tax rate)
After substituting the given values, we get
After-tax rate = 7 × (1 - 0.26)
After-tax rate = 7 × 0.74
After-tax rate = 5.18
Therefore, the after-tax rate for the municipal bond is 5.18%.
As we can see, the after-tax rate for the corporate bond is more than the after-tax rate for the municipal bond. So, we would choose the corporate bond over the municipal bond.
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In July of 2015 Dr. Ronald Ware executed to United Capital Source a note in the amount of $150,000 with an accompanying security agreement covering the following property: "All equipment of the debtor of every description used or useful in the conduct of the debtor's business, now or hereafter existing or acquired . . . The listed assets held for collateral are presently located at 8950 Knolls Road, Myrtle Beach, South Carolina." In July of 2017 Dr. Ware moved some of his equipment to a new office owned by Jackson Properties, Inc. in Charleston, South Carolina. To finance this move, Dr. Ware procured a loan from a Charleston bank, and Jackson co-signed the note. The Charleston bank prepared a security agreement covering the same equipment as the 2015 security agreement. In September of 2017, Dr. Ware defaulted on the first note and absconded with the equipment from the Charleston office. Jackson received an insurance payment as cash proceeds from the missing equipment. United Capital Source claimed priority rights to the missing equipment or the insurance proceeds even though the equipment had been moved to Charleston. Do you think United Capital Source recovered this insurance money from Jackson? Why or why not? (Make sure your argument is supported by applicable law).
Yes, United Capital Source was likely able to recover the insurance money from Jackson. It is because United Capital Source had the right to reclaim the insurance money as the proceeds of the collateral.
According to the security agreement, United Capital Source had a valid security interest in the equipment, meaning they had the right to take possession of the collateral if the debtor failed to fulfill the terms of the loan. Since Dr. Ware defaulted on the loan and moved the equipment to a new office, United Capital Source had the right to reclaim the insurance money as the proceeds of the collateral. Under Article 9 of the Uniform Commercial Code (UCC), in the event of a default, a secured party has the right to take possession of the collateral and may recover any proceeds from the collateral. In this case, Jackson received the insurance money for the missing equipment and United Capital Source would have the right to recover these proceeds.
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What is stagflation? question 2 options:
a. a period of rising prices and declining employment
b. a period of low prices and low unemployment
c. low inflation and economic growth
d. growing economy with low inflation
Option A, Stagflation is a period of rising prices and declining employment.
A period of rising prices and diminishing employment is known as stagflation, and it is often correlated with a sluggish economy. This can be brought on by a combination of elevated inflation and weak or negative economic development, creating a challenging business and personal environment.
Stagflation can result in decreased borrowing and higher borrowing rates, which can worsen the current economic recession. This phrase gained popularity in the 1970s amid a time of high inflation and economic stagnation that affected many industrialized nations, including the United States.
To battle stagflation, economists and decision-makers must use a variety of tactics, including raising public expenditure, decreasing taxes, and lowering interest rates.
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TB MC Qu. 17-110 (Algo) Steel Company uses activity-based... Steel Company uses activity-based costing and reports the following for this year. Allocate overhead costs to a job that uses 40 machine hours and 30 direct labor hours. Multiple Choice$3,233. $2,950. $5,410. $3,447$5,270.
To allocate overhead costs to a job using activity-based costing, we need to calculate the cost allocation for each activity based on the budgeted cost and the budgeted activity usage. After calculation the overhead costs is $3.240. The correct option is C.
Overhead costs refer to the indirect expenses incurred by a business that are not directly tied to the production of a specific product or service. These costs are necessary for the overall functioning and support of the business operations but cannot be easily allocated to individual products or services.
Thus, the ideal selection is option C.
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The complete question might be:
TB MC Qu. 04-110 (Algo) Steel Company uses activity-based... Steel Company uses activity-based costing and reports the following for this year. Allocate overhead costs to a job that uses 40 machine hours and 40 direct labor hours. Activity Cutting Assembly Total Budgeted Cost $ 57,500 252,000 $ 309,500 Activity Cost Driver Machine hours (MH) Direct labor hours (DLH) Budgeted Activity Usage 2,300 machine hours 6,300 direct labor hours Multiple Choice O $2,600. O $3,000. $3.240. O O $2.860. 이 $2,260
Budget = $2000/month for food and gasoline. Price of meals = $20/meal, Price of gasoline = $5/gallon Use q1 to stand for number of meals and q2 for gallons of gas. The budget constraint is: 1) 2000 = q1+q2 2) 2000 = (1/20)q1+(1/5)q2 3) 2000 = 5q1+20q2 4) 2000 = 20q1+5q2
The budget constraint can be written as 2000 = 20q1 + 5q2. Therefore, the correct option 4.
The given problem statement is about the budget and prices of meals and gasoline. Here, q1 is used to represent the number of meals and q2 for gallons of gas. The budget constraint is provided, which is: Budget = $2,000/month for food and gasoline. Price of meals = $20/meal. Price of gasoline = $5/gallon.
A budget constraint represents the limit of the expenditure that can be made. The two products that are used from the budget are meals and gasoline. The budget constraint can be written as:
Total budget = Price of meals x Unit price of meals + Price of gasoline x Unit price of gasoline
In the given case.
2000 = 20q1 + 5q2
The total prices of meals and gas are added to obtain the total expense. The given option that represents the budget constraint is option 4: 2000 = 20q1 + 5q2.
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if the number of employed persons in a country equals 24 million, and the number of persons in the labor force equals 32.12 million, the unemployment rate equals (should be a percent. round to two decimal places):
The unemployment rate is 24.7%.
This can be calculated by subtracting the number of employed persons (24 million) from the number of persons in the labor force (32.12 million). The resulting figure (8.12 million) is then divided by the labor force (32.12 million). This is then expressed as a percentage and rounded to two decimal places, giving us 24.7%.
The unemployment rate is an important indicator of a country's economic health and is calculated by comparing the number of persons employed to the number of persons in the labor force. It is expressed as a percentage and represents the proportion of people in the labor force who are currently unemployed.
Knowing the unemployment rate of a country can help determine whether the economy is growing, shrinking, or stable. It is also used to inform economic policy decisions, such as the creation of jobs, tax relief, and other economic stimulus programs.
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in general, compared with firms that compete in only one market, among firms that face one another in multiple markets there is: a. similar competitive rivalry. b. more competitive rivalry. c. less competitive rivalry. d. no competitive rivalry.
The correct answer is b, more competitive rivalry. Firms that compete in multiple markets typically have a more intense competitive rivalry than firms that only compete in one market.
This is because the firms that compete in multiple markets are exposed to a larger customer base, and thus have a greater incentive to differentiate their product or service from those of their competitors in order to gain an advantage in the market. Furthermore, firms that compete in multiple markets may encounter more competition from new entrants due to the larger customer base and more attractive market.
This can further drive up competition in the market, leading to a more intense competitive rivalry. On the other hand, firms that only compete in one market may face less intense competition due to the smaller customer base, as well as fewer threats from new entrants. This can lead to a less intense competitive rivalry.
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a retail representative's sales pitch relied upon for the purchase of sports equipment would be an example of:
A retail representative's sales pitch relied upon for the purchase of sports equipment would be an example of persuasive communication.
Persuasive communication is any form of communication that seeks to convince or persuade others to change their beliefs, attitudes, or behaviors. It is used to get individuals to buy goods, make political or social statements, or support a company. The persuader attempts to alter the audience's beliefs or opinions by appealing to their emotions or logical thinking. Persuasive communication encompasses a variety of activities, including sales pitches, political campaigns, and marketing efforts, among others.
The communicator's primary aim is to influence the audience's thinking and persuade them to take a particular action. A retail representative's sales pitch relied upon for the purchase of sports equipment would be an example of persuasive communication. Retail representatives' primary objective is to persuade customers to purchase their items. They rely heavily on persuasive communication to get customers interested in their products and provide a sales pitch that persuades them to purchase the product.
The retail representative employs various persuasive techniques to encourage potential clients to buy sports equipment. Sales pitches' persuasive language is intended to persuade clients to take a particular action, such as making a purchase. They might use persuasive phrases, statistics, and stories to grab the customers' attention and convince them to purchase the sports equipment.
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Read the case study and answer the questions that follow:
STARPLUS LIMITED: PLANNING FOR 2023 Starplus Limited is well known for its focus on customer satisfaction and this is highlighted in the company profile. Their "About Us" page on their website tells a story of service and growth, all centred around their customers. This, combined with the excellent quality products offered, has contributed to its success in the marketplace. At the end of 2022 the fixed assets (at carrying value) totalled R5 300 000, inventories amounted to R5 200 000, R2 100 000 was owed by trade debtors, cash in the bank amounted to R400 000, the ordinary share capital balance was R4 500 000, the accumulated undistributed profits amounted to R1 700 000, an amount of R5 900 000 was owed to Zap Bank in respect of a long-term loan and R900 000 was owed to the trade creditors. The sales of Starplus Limited for 2022 amounted to R8 000 000. The following projections are forecasts were made for 2023: Machinery with a cost price of R1 000 000 and accumulated depreciation of R1 000 000 is expected to be scrapped at the end of 2023. Machinery with a cost price of R6 400 000 will be purchased to replace it. Total depreciation for 2023 is estimated to be R800 000. The sales (all on credit) for 2023 are expected to increase by 30%. The gross margin and net profit margin ratios are estimated to be 30% and 15% respectively. Purchases for 2023 (all on credit) are projected at R6 600 000. Accounts receivable is based on a collection period of 36.5 days. The company expects to show a net increase in cash of R130 000 during 2023. 250 000 ordinary shares are expected to be issued at R4 each during January 2023. Dividends of R800 000 are expected to be recommended by the directors at the end of December 2023. The dividends will be paid out during 2024. R1 500 000 will be paid to Zap Bank during 2023. This includes R500 000 for interest on loan. Accounts payable must be calculated using the percentage-ofsales method. The amount of external funding (non-current debt) required must be calculated.
In keeping with the company’s growth strategy, the directors have identified two possible investment opportunities for 2023 viz. Project A and Project B. An investment of R4 000 000 is required for each project and a scrap value of R400 000 is anticipated for Project A only. The useful life of each project is estimated to be five years. Project A is expected to generate net profits of R700 000 (Year 1), R650 000 (Year 2), R600 000 (Year 3), R450 000 (Year 4) and R400 000 (Year 5). Project B is expected to generate net a net profit of R520 000 per year over its useful life. Depreciation is calculated on a straightline basis. The company’s cost of capital is predicted to be 15%. The decision of which project to invest in, if any, will be made at a later stage.
QUESTIONS 1.
1. Prepare the Pro Forma Statement of Financial Position as at 31 December 2023. (Ignore the investment opportunities.) (15 marks)
2. Refer to the investment opportunities for 2023 and calculate the following. (Ignore taxes.)
2.1 Accounting Rate of Return on average investment of Project A (expressed to two decimal places). (4 marks)
2.2 Net Present Value of both projects. (6 marks)
2.3 Internal Rate of Return of Project B (expressed to two decimal places) using interpolation. (5 marks)
Your case study should include a Table of Contents page and a bibliography.
Text: Arial or Times New Roman (12); Spacing 1½ lines. All text must be justified at each margin.
Where applicable, use the formats and formulas from your module guide.
Number each solution according to the numbering in the case study. Solutions generated by software packages will not be marked.
Where applicable, the relevant workings must be shown.
A case study is an assessment of a particular circumstance. The benefit of a case study is that they produce a more itemized image of a person than different strategies do.
The case study is solved below -
2.0 Pro Forma Statement of Financial Position as at 31 December 2023
Assets
Non-Current Assets
Property, Plant and Equipment
Machinery (cost R6 400 000 less accumulated depreciation R1 800 000) R4 600 000
Total Non-Current Assets R4 600 000
Current Assets
Inventories R6 600 000
Trade Debtors (R2 100 000 x 1.3) R2 730 000
Cash in Bank R530 000
Total Current Assets R9 860 000
Total Assets R14 460 000
Equity and Liabilities
Equity
Ordinary Share Capital (R4 500 000 + R4 x 250 000) R5 500 000
Accumulated Undistributed Profits R1 700 000
Total Equity R7 200 000
Non-Current Liabilities
Long-term Loan R4 400 000
Current Liabilities
Trade Creditors R900 000
Accounts Payable (30% x R13 800 000) R4 140 000
Dividend Payable R800 000
Bank Overdraft R20 000
Total Current Liabilities R5 860 000
Total Equity and Liabilities R14 460 000
Investment opportunities for 2023
2.1 Accounting Rate of Return on an average investment of Project A
Average Investment = (Initial Investment + Scrap Value)/2 = (R4 000 000 + R400 000)/2 = R2 200 000
ARR = (Average Annual Net Income/Average Investment) x 100%
ARR for Project A = [(R700 000 + R650 000 + R600 000 + R450 000 + R400 000)/5]/R2 000 000) x 100%
= (R2 800 000/5)/R2 200 000) x 100%
= 25.45%
Therefore, the Accounting Rate of Return on average investment of Project A is 25.45%.
2.2 Net Present Value of both projects
The discount factor for year 1 at 15% is calculated as:
Discount factor (DF) = 1 / (1 + r)t = 1 / (1 + 0.15)1 = 0.8696
The Net Present Value (NPV) of Project A is calculated as:
Year 0: -R4 000 000
Year 1: R700 000 x DF = R609 720
Year 2: R650 000 x DF^2 = R503 068
Year 3: R600 000 x DF^3 = R414 595
Year 4: R450 000 x DF^4 = R288 049
Year 5: R400 000 x DF^5 = R218 341
NPV of Project A = R34 773
The NPV of Project B is calculated as:
NPV of Project B = (R520 000 x (1 - (1 + 0.15)^-5))/0.15 - R4 000 000
= R1 732 281.64 - R4 000 000
= -R2 267 718.36 (as NPV is negative, the project is not acceptable)
Therefore, the company should not invest in Project B.
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Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $310,000 per quarter. For financial reporting purposes, the company allocates these costs to the joint products on the basis of their relative sales value at the split-off point. Unit selling prices and total output at the split-off point are as follows: Product Selling Price Quarterly Output A $ 12. 00 per pound 11,400 pounds B $ 6. 00 per pound 17,900 pounds C $ 18. 00 per gallon 2,600 gallons
Product A and Product C unit selling prices and total output at the split-off point.
Any company that turns raw materials into finished products is a manufacturer. They offer these products for sale to consumers, wholesalers, distributors, retailers, and other producers who want to make more intricate products.
Product A Product B Product C
Selling price after further processing 27.30 22.3 36.30
Selling price at the split-off point 22.00 16.00 28.00
Incremental revenue per pound or gallon 5.30 6.30 8.30
Total quarterly output in pounds or gallons 13400 20900 4600
Total incremental revenue 71020 131670 38180
Total incremental processing costs 75970 109395 48260
Financial advantage (disadvantage)
of further processing (4950) 22275 (10080)
2 Product A and Product C should be sold at the split-off point
Product B should be processed further.
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Scenario: After checking out of a hotel, Vera ate breakfast in the hotel’s dining room. She then drove downtown to attend a meeting. After a long day, she returned to the hotel to
fetch the bags she had left in her room. To her surprise, the room had been re-rented and was now occupied by a dentist who was attending a conference. The new occupant claimed to know nothing about her belongings. The bags were never found. Question: Did the hotel have a responsibility with respect to Vera’s luggage? If so, of what did the responsibility consist of?
Indeed, the hotel had a duty to take care of Vera's luggage. Vera had a legitimate expectation that while she was a guest at the hotel, her possessions would be secure.
Did the hotel have a responsibility with respect to Vera’s luggage? If so, of what did the responsibility consist of?Hotels are required by common law to take reasonable precautions to prevent theft or damage to their visitors' personal belongings. Hence, the hotel was required to take reasonable measures to guarantee Vera's possessions were safe both during her stay and after she checked out. This includes making sure that her room wasn't re-rented until all of her possessions were taken out or securely stored. Vera's luggage is the hotel's responsibility, and the business has an obligation to take reasonable precautions to keep her goods safe from theft and harm. The hotel might be held accountable for any losses or damages that Vera suffered as a result of their carelessness if they didn't carry out their duty.
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among the tools of tqm, the tool ordinarily used to aid in understanding the sequence of events through which a product travels is a: group of answer choices pareto chart. taguchi map. poka-yoke. check sheet. flowchart.
The tool ordinarily used to aid in understanding the sequence of events through which a product travels is a flowchart.
What is TQM?
TQM stands for Total Quality Management. It is a management approach focused on continuous improvement of quality, efficiency, and customer satisfaction in an organization. TQM involves all members of the organization in the process of identifying and solving quality problems, with the ultimate goal of producing products or services that meet or exceed customer expectations. This approach involves a range of tools and techniques, such as statistical process control, continuous improvement, Six Sigma, and others.
Among the tools of Total Quality Management (TQM), a flowchart is a tool used to aid in understanding the sequence of events through which a product travels. It is a visual representation that shows the steps involved in a process or system, and it helps to identify the critical areas where problems or inefficiencies may occur. Flowcharts can be used in any industry or organization to improve processes and increase efficiency.
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When a hotel offers the same rate with the same conditions no matter how the room is booked it’s termed _____ 1. rate parity 2.rate changes 3.retail model
Option (a), Rate parity occurs when a hotel offers the same price and terms regardless of how a room is reserved.
What advantages does rate parity have for hotels?Rate parity is the practice of having consistent rates across all distribution channels. If the price shown on OTAs and other third-party websites is the same as the price listed on the hotel's own website, there is rate parity.
Since it ensures that customers see the same price for the same room across all channels and provides customers with pricing transparency, hotel rate parity is essential to the hospitality industry.
What does rate parity do?Rate parity is a contract that hotels and online travel agencies have in place. Its main objective is to guarantee that hotels provide the same pricing for identical hotel rooms across all distribution channels.
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If two different accountants were to estimate the percentage of customers who will NOT pay their accounts (bad debts), they could arrive at different estimates. These differing estimates would affect the financial statements. Such differences in assessing estimates are due to: Fraudulent financial reporting Lack of internal controls Errors in accounts and ledgers Disagreements in judgment
These differing estimates would affect the financial statements and such differences in assessing estimates are due to disagreements in judgment.
What is meant by disagreements in judgment? Disagreements in judgment refer to any difference of opinion between accountants that may affect the financial statements of a company. Different accountants can form various estimates of bad debts for customers, which will lead to varying estimates of profits, expenses, or losses. Disagreements in judgment could lead to problems for a company when making decisions based on the financial statements.
Therefore, such disagreements must be discussed, and accountants must strive to minimize the impact of differences in opinion on the company's financial position.
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At what price would there be a shortage of 800 video games?
In general, the price at which there would be a shortage of 800 video games would depend on the elasticity of demand and supply for video games which on assertion can be around 2000 USD.
If demand is highly elastic (i.e., sensitive to price changes) and supply is relatively inelastic (i.e., not very responsive to price changes), then a small increase in price could cause a significant decrease in demand and a shortage of video games. Conversely, if demand is relatively inelastic and supply is highly elastic, then a small increase in price would not affect demand much, but it could lead to an increase in supply and a decrease in shortage.
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Innovative entrepreneurship as a business opportunity for young entrepreneurship
Innovative entrepreneurship presents a compelling business opportunity for young entrepreneurs, as it allows them to tap into emerging markets and capitalize on the latest trends and technologies.
By pursuing innovative ideas and taking risks, young entrepreneurs can differentiate themselves from competitors and create new value for customers.
Innovative entrepreneurship also offers the potential for high growth and scalability. By leveraging technology and digital platforms, young entrepreneurs can reach a global audience and rapidly scale their businesses, without the need for significant upfront investment.
However, successful innovative entrepreneurship requires a deep understanding of the market, a willingness to experiment and iterate, and a willingness to embrace failure as part of the learning process. Young entrepreneurs must be prepared to continuously adapt and pivot their businesses based on feedback from customers and changes in the entrepreneurship competitive landscape.
Overall, innovative entrepreneurship presents a unique and exciting opportunity for young entrepreneurs to build successful and impactful businesses, while also driving positive social and environmental change.
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The management has agreed not to take further action, ________ you do not commit any further violations of company policy
The management has promised to refrain from taking further action until you refrain from breaking company rules in the future.
The optimal utilisation of resources is facilitated by organisation management through strict planning and control at work. In order for each employee to perform their tasks within the allotted time, it helps to bring out their greatest qualities. According to its organisational structure, an organization's aims are focused on particular duties. Good organisational structures outline each employee's responsibilities and how they fit into the overall system. In contrast to a centralised structure, which has a clearly defined line of command, a decentralised organisation offers practically every employee a significant amount of personal agency.
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