Customers have a number of expectations from their suppliers such as competence, reliability, communication, credibility, and responsiveness, among others. A detailed list of customer expectations from suppliers are given below.
The given expectations can be matched with their definitions in the following manner:
Expectations customers have from the suppliers Definitions
1. Competence Suppliers will be competent in their execution of every interaction.
2. Reliability Performing all activities as promised or according to accepted norms, including basic service and special requests.
3. Responsiveness Prompt delivery, handling of inquiries, and resolution of problems.
4. Access Easy contact for order placement, information, order status, and so on.
5. Communication Keeping customers informed, particularly if problems arise.
6. Credibility Straightforward and honest communication.
7. Security Limiting customers' feelings of risk, including data confidentiality.
8. Courtesy Polite, friendly, and respectful interactions.
9. Tangibles Acceptable appearance of facilities, equipment, and personnel (for example, UPS delivery drivers always wear the well-known brown uniform).
10. Knowing the customer Understanding and adapting to a given customer's specific requirements.
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mis can also provide businesses with a competitive advantage by allowing them to analyze their data and make data-driven decisions. this can help businesses to identify market trends, opportunities, and threats, and adjust their strategies accordingly. true or false
This can help businesses to identify market trends, opportunities, and threats, and adjust their strategies accordingly" is true.
What is MIS?
MIS stands for Management Information System. It is the system that provides the business's management with the information they require to make informed decisions. This can include financial, operational, and other types of data.
MIS will provide the management with the details required to make a choice when it comes to organizing, planning, and controlling the business.MIS allows businesses to make better decisions by providing them with timely and accurate data. This can help businesses to identify market trends, opportunities, and threats, and adjust their strategies accordingly.
They can also use MIS to analyze data and make data-driven decisions. MIS can also help to improve business performance by enabling businesses to monitor their performance and make improvements where necessary.
MIS has many advantages for businesses. These include the ability to analyze data, make data-driven decisions, and monitor business performance. MIS can also help businesses to identify market trends, opportunities, and threats and adjust their strategies accordingly. Therefore, we can say that the given statement is true.
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system of rewarding managers by linking bonuses to income computed under absorption costing may result in: multiple choice question. insufficient inventory excess inventory buildup sales negatively affected no effect on inventory
Absorption costing's drawback is that it might distort the perception of a company's profitability. It is also not useful for analysis intended to increase operational and financial efficiency.
With the aid of the absorption costing mechanism, how do managers control revenue?The ability for managers to manipulate income through overproduction is also provided by absorption costs. In comparison to not producing the extra goods, increasing output at year's end results in a higher net income.
If output exceeds sales, how will changes in inventory affect full absorption and variable costing?When production outpaces sales, the revenue computed using full absorption costing will be higher than the income calculated using variable costing. Production being in excess of sales points to a rise in inventories.
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the government of the country excel provides a large number of grants for scientists to research new technologies and other processes. this action would
The government of the country Excel provides a large number of grants for scientists to research new technologies and other processes. This action would Promote economic growth by technological advances
What is the government about?The government of the country Excel providing a large number of grants for scientists to research new technologies and other processes is likely to have several positive effects on the country's economy, technological advancement, and overall progress.
Economic Growth: The research and development activities that result from these grants can create new industries and businesses, leading to economic growth and job creation. The development of new technologies can also increase productivity and efficiency, which can contribute to economic growth.
Technological Advancement: The grants will enable scientists to conduct research on new technologies and processes that may have been difficult or impossible to fund otherwise. This can lead to technological advancements in areas such as medicine, energy, and transportation, among others.
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See full question below
The government of the country Excel provides a large number of grants for scientists to research new technologies and other processes. This action would Promote economic growth through technological advances. Increase productivity through capital deepening. Reduce productivity as research is less productive than the addition of capital. Increase human capital and economic growth.
the fact that you do not have enough income to buy all the goods and services you want is the idea of: multiple choice question. supply opportunity cost scarcity demand
The fact that you do not have enough income to buy all the goods and services you want is the idea of Scarcity
What is Scarcity?
Scarcity is the economic problem of having unlimited wants and needs in a world of limited resources. The fact that individuals do not have enough income to buy all the goods and services they want is a result of scarcity. In other words, resources are finite, but human wants and needs are infinite. Therefore, people must make choices about how to allocate their resources, which involves making trade-offs between different goods and services.
Option a, supply, refers to the amount of a good or service that producers are willing and able to offer for sale at a given price. Option b, opportunity cost, refers to the value of the next best alternative that must be forgone in order to pursue a certain action. Option d, demand, refers to the amount of a good or service that consumers are willing and able to purchase at a given price.
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a house has increased in value by since it was purchased. if the current value is , what was the value when it was purchased?
The original value of the house can be found by subtracting the current value from the increase in value since it was purchased. Therefore, if the current value is $400,000 and it has increased in value by $50,000 since it was purchased, the value when it was purchased was $350,000.
To solve this problem, we first need to identify the current value and the increase in value since it was purchased. In this example, the current value is $400,000 and the increase in value since it was purchased is $50,000.
We can now calculate the original value by subtracting the increase in value since it was purchased from the current value. Therefore, the original value is $400,000 - $50,000 = $350,000.
In conclusion, if the current value of the house is $400,000 and it has increased in value by $50,000 since it was purchased, the value when it was purchased was $350,000.
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does nostalgia marketing only work with consumers who have memories of the era focused on in the advertising? how might others who are younger be attracted as well
Nostalgia marketing does not only work with consumers who have memories of the era focused on in the advertising. Many younger consumers can also be attracted to nostalgia marketing.
To attract younger consumers to nostalgic advertising, marketers should consider appealing to the emotions of the younger generation. By creating a story behind the product or service being advertised, marketers can help younger consumers to connect with the brand on a deeper level.
Additionally, incorporating elements of pop culture into the advertising can be an effective way to capture the attention of younger consumers. Finally, leveraging current technologies such as virtual reality and social media can help create more interactive and engaging experiences that appeal to younger consumers.
In conclusion, nostalgia marketing can be successful in appealing to both older and younger generations. By understanding the needs and emotions of the target audience, marketers can create nostalgia-driven advertising campaigns that attract a range of consumers.
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If a single firm can produce and supply an entire market at a lower unit costthan many small firms can, the long-run average total cost must be(A) increasing as firm size increases(B) remaining constant as firm size increases(C) decreasing as the firm's output increases.(D) constant and equal to marginal cost.
The answer to the student question is (C) decreasing as the firm's output increases. This situation describes a scenario where economies of scale are present, meaning that as a firm increases its production, its long-run average total cost (LRATC) decreases.
When a single firm can produce and supply an entire market at a lower unit cost than many small firms, it implies that the firm is experiencing economies of scale.
Economies of scale occur when a firm can lower its average cost of production as it increases its output. This is usually due to the firm being able to spread its fixed costs over a larger number of units produced, resulting in a lower cost per unit.
In this case, the long-run average total cost (LRATC) must be decreasing as the firm's output increases, since the firm is able to produce at a lower unit cost as it expands production. This is option (C) in the question.
Option (A) is incorrect because if LRATC were increasing as firm size increases, this would indicate diseconomies of scale rather than economies of scale.
Option (B) is incorrect because if LRATC were remaining constant as firm size increases, this would suggest constant returns to scale, not economies of scale.
Option (D) is incorrect because it is not necessary for LRATC to be constant and equal to marginal cost in order for the firm to produce at a lower unit cost than many small firms.
In conclusion, the correct answer is (C) decreasing as the firm's output increases, as this indicates that the firm experiences economies of scale, allowing it to produce at a lower unit cost than many small firms.
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an investment will pay you $97,000 in four years. assume the appropriate discount rate is 7.75 percent compounded daily. what is the present value?
The present value of an investment paying $97,000 in four years, assuming the appropriate discount rate is 7.75 percent compounded daily, is $74,953.20.
The present value of an investment is the current worth of a future sum of money or stream of cash flows given a specified rate of return. This can be calculated by discounting the future cash flows back to the present day. The discount rate is the interest rate used to calculate the present value.
In this case, the investment will pay $97,000 in four years, and the appropriate discount rate is 7.75 percent compounded daily. To calculate the present value, we need to calculate the present value of each of the future cash flows using the discount rate.
We can use the formula PV = FV / (1 + r)^t, where PV is the present value, FV is the future value, r is the interest rate, and t is the time period.
In this case, the FV is $97,000, r is 7.75%, and t is 4 years. Using this formula,
the present value is $74,953.20. Therefore, the present value of an investment paying $97,000 in four years,
assuming the appropriate discount rate is 7.75 percent compounded daily, is $74,953.20.
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assume that $9,100 of the inventory was not damaged. what is the amount of the loss from the tornado?
The amount of loss from the tornado can be calculated by subtracting the value of the remaining undamaged inventory from the total inventory value before the tornado. The amount of the loss from the tornado is $14,100.
Assuming that $9,100 of the inventory was not damaged and the total inventory value before the tornado was $23,200,
the amount of inventory damaged would be $23,200 - $9,100 = $14,100. Loss is an event that occurs when a company incurs expenses that are greater than revenue, resulting in a decrease in equity. A company's net income decreases when it incurs a loss.
A tornado is a devastating weather event that can cause significant damage to buildings, infrastructure, and inventory. Natural disasters, such as tornados, can have a significant impact on a company's operations and financial performance.
If a company's inventory is damaged in a tornado, it will incur a loss that must be recognized on its financial statements. To determine the amount of the loss from the tornado, the company must calculate the value of the inventory that was damaged.
This value can then be subtracted from the total inventory value before the tornado to determine the amount of the loss.
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Imagine you are working for a successful advertising firm in a large city. Your
company handles many high profile clients and accounts on a day-to-day
basis, sometimes causing a stressful work environment. Recently, members of
your team have been disagreeing on how to handle the account of your most
important client, a well-known cereal brand. Some team members feel the
account deserves a more traditional campaign, devoted to long-standing fans
of the product, while others believe the time has come to reach a new
demographic by incorporating elements such as social networking and
celebrity endorsements. The conflict has gained the attention of department
managers. How would you try to resolve this conflict as a team member? As a
manager? Write a short summary detailing this conflict and how you would
resolve it. Be creative.
Answer:
The conflict in this scenario revolves around the approach the advertising team should take in handling the account of a well-known cereal brand. Some team members want to stick to a more traditional campaign, while others believe that incorporating social networking and celebrity endorsements is the way to reach a new demographic.
As a team member, I would suggest that the team take some time to research and analyze the cereal market, including the target audience, their preferences, and the marketing strategies used by the competitors. This research can help the team to better understand the product and its audience, which can then inform the advertising approach.
Next, I would suggest that the team members come together to discuss their individual ideas and concerns in a respectful and constructive manner. It is important that everyone listens to each other and considers all ideas before coming to a consensus.
As a manager, I would facilitate this discussion by creating a safe and respectful environment for the team to express their opinions. I would encourage the team members to work collaboratively and to consider each other's perspectives. Ultimately, I would make the final decision based on the research and the team's recommendations.
In either scenario, it is important to remember that the goal of the advertising campaign is to serve the client's needs and to achieve the desired outcome. By working together, the team can come up with an effective and creative solution that meets both the client's needs and the team's goals.
Answer:
The conflict in this scenario revolves around the approach the advertising team should take in handling the account of a well-known cereal brand. Some team members want to stick to a more traditional campaign, while others believe that incorporating social networking and celebrity endorsements would suggest that the team take some time to research and analyze the cereal market, including the target audience, their preferences, and the marketing strategies used by the competitors. This research can help the team to better understand the product and its audience, which can then inform the advertising approach. It is important that everyone listens to each other and considers all ideas before coming to a consensus. I would facilitate this discussion by creating a safe and respectful environment for the team to express their opinions. I would encourage the team members to work collaboratively and consider each other's perspectives. Ultimately, I would make the final decision based on the research and the team's recommendations. In either scenario, it is important to remember that the goal of the advertising campaign is to serve the client's needs and to achieve the desired outcome.
briefly describe the key advantages and disadvantages of the three approaches to management education. under what conditions would you recommend that an organization send its managers to an executive mba program?
The three approaches to management education are traditional degree programs, executive MBA programs, and non-degree executive education programs. Each approach has its own advantages and disadvantages.
Advantages of traditional degree programs:
- Thorough instruction on a wide range of management topics
- Coursework typically includes the ability to focus on a specific subject or area of study
- Learning is structured, with a clear path of progression
Disadvantages of traditional degree programs:
- Long time commitment
- Can be costly
- Not designed for experienced managers
Advantages of executive MBA programs:
- Focuses on practical applications of management skills
- Structured curriculum tailored to experienced managers
- Variety of learning opportunities, such as team building and problem-solving
Disadvantages of executive MBA programs:
- Costly
- Typically require a lot of travel
- Not suitable for someone with limited experience
Advantages of non-degree executive education programs:
- Flexible learning schedule
- Lower cost
- Hands-on instruction from experts
Disadvantages of non-degree executive education programs:
- Less comprehensive instruction
- Limited choice of subjects
I would recommend that an organization send its managers to an executive MBA program when the managers have experience in management and the organization has the budget for it. Executive MBA programs provide an opportunity to apply theory to practice and gain practical skills from experienced professionals.
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a tool that is increasingly used by service providers to minimize the heterogeneity between those who deliver the service is to employ
Service providers, to minimize the heterogeneity between those who deliver the service, employ the tool of standardization.
What is standardization?Standardization is a tool used by service providers to minimize the heterogeneity between those who deliver the service. It's done to provide a consistent service experience to customers, regardless of who is delivering the service or where it is delivered.
Standardization entails developing specific processes and protocols that all service providers must follow when delivering a service. It helps to reduce the likelihood of human error, ensure service consistency, and enhance the quality of the service.
Additionally, it ensures that all customers receive the same level of service, regardless of which service provider they engage with or where they are located.
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identify whether each of the following is best described as a fixed, variable, or mixed cost with respect to product units. 1. Peanuts used in making trail mix.
2. Maintenance of factory machinery.
3. Rubber used in making tennis balls.
4. Milk used in making ice cream.
5. Electricity used in factory building.
6. Wages of an assembly-line worker paid on the basis of acceptable units produced
7. Cameras used in making smartphones.
1. Peanuts used in making trail mix:
This is a variable cost. Variable costs change in direct proportion to the volume of units produced. As more trail mix is made, more peanuts are needed, so the cost increases with production.
6. Wages of an assembly-line worker paid on the basis of acceptable units produced: This is also a variable cost. The worker's wages are dependent on the number of acceptable units they produce, meaning that their pay increases as they produce more units.
7. Cameras used in making smartphones: This is a fixed cost. Fixed costs do not change with the number of units produced. The cameras needed for smartphones are likely purchased in bulk, with a set price, so the cost remains the same regardless of how many smartphones are made.
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the term used to describe the organization of training into phases or periods that allows for optimal rest and recovery is .
The term used to describe the organization of training into phases or periods that allows for optimal rest and recovery is "periodization".
Periodization is the systematic planning of athletic or physical training. It involves the on-going manipulation of training variables such as intensity, volume, and duration in order to maximize performance gains over time. The term used to describe the organization of training into phases or periods that allows for optimal rest and recovery is Periodization.
Periodization refers to the organization of training into distinct phases or periods to ensure optimal rest and recovery. This method is used by athletes to plan and structure their training program by incorporating training cycles and recovery periods. Periodization is primarily based on the concept of physiological adaptation, where the body adapts to the demands of the exercise. By following a periodized training program, athletes can prevent overtraining and injuries while improving their performance.
A periodized training program typically consists of three main phases: the preparatory phase, the competition phase, and the transition phase. During the preparatory phase, athletes focus on building a foundation of strength, power, and endurance. In the competition phase, the focus shifts to refining skills and peaking for competition. Finally, the transition phase allows for recovery and rest before starting the next cycle of training.
Thus, periodization is a crucial concept in sports training that helps athletes organize their training into phases or periods to ensure optimal rest and recovery.
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on may 1, anderson company purchased merchandise in the amount of $5,800 from shilling, with credit terms of 2/10, n/30. anderson uses the perpetual inventory system and the gross method. the journal entry that anderson will make on may 1 is:
The journal entry that Anderson will make on May 1 is:
Inventory (Merchandise) 5,800Accounts Payable 5,800Since Anderson purchased merchandise from Shilling on credit, the Accounts Payable account is credited for the full amount of the purchase, which is $5,800. The Inventory account is debited for the same amount to record the increase in the inventory asset. The credit terms of 2/10, n/30 mean that if Anderson pays the invoice within 10 days, it can take a discount of 2% of the purchase price. If it does not take the discount, it has to pay the full amount within 30 days.
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bill has discovered a method for purifying drinking water that also cleans the air. bill needs financial capital to produce and market his invention. consider the graph of the market for financial capital. use this information to answer the questions. how much financial capital will bill borrow and invest on his own?
The amount of financial capital that Bill will borrow and invest on his own would be $ 20 million.
How to find the amount invested ?The point that would show the amount that Bill would borrow and invest to be able to market his own invention, would be the point where the Supply curve intercpts demand curve for Bill.
Looking at the graph on the rate of return in the market for financial capital , this point would be $ 20 million to the rate of return of 5 %. Bill will therefore ( all else being equal ) borrow and invest $ 20 million.
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If the export value of American educational institutions is more than twice that of America’s top agricultural export, and supports 455,000 jobs, we can conclude that
Multiple Choice
A. exports of higher education represent an important component of the U.S. economy.
B. exports of higher education are paid for in foreign currencies effectively bypassing EXIM bank requirements.
C. American universities have been recruiting foreign students to the detriment of U.S. students.
D. exports of higher education will continue to grow without export assistance.
E. U.S. taxpayer dollars are being spent in foreign countries rather than domestically.
The export value of American educational institutions is more than twice that of America's top agricultural export and supports 455,000 jobs. As a result, we can conclude that exports of higher education represent an important component of the U.S. economy. The correct option is (A).
Exports of higher education represent an important component of the U.S. economy because the export value of American educational institutions is more than twice that of America's top agricultural export, which supports 455,000 jobs. In 2015, 974,926 international students attended American colleges and universities, contributing $35.8 billion to the economy in the form of tuition, room and board, and other expenses. For each job supported by foreign students, three jobs are created or supported, according to NAFSA.
The correct option is (A).
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the asked yield for a $10,000 face amount treasury bill 36 days from maturity is quoted as .032%. what will you pay to buy the bill now?
the person will pay $9,997 for the Treasury bill now.
Treasury Bills are government issued notes that mature in one year or less than one year. A Treasury Bill has a minimum face value of $1,000 and in increments of $1,000.The formula to find the Treasury bill price is :
TBill Price = 100 – (Discount rate × TBill Term ÷ 360)
So, the price of a Treasury bill that has a face value of $10,000 and has 36 days left to maturity would be: Discount rate = 0.032% = 0.00032TBill Term = 36 daysPrice = 100 – (0.00032 × 36 ÷ 360) = 99.968 or 99.97 (rounded off)The price of the treasury bill would be 99.97. Therefore, the person will pay $9,997 for the Treasury bill now.
Answer: $9,997
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frankie's savings account has earned a lot of interest. he wants to know if he must pay taxes on the interest earned. what would the irs tell him?
According to the Internal Revenue Service (IRS), Frankie must pay taxes on the interest earned in his savings account.
The Internal Revenue Service (IRS) is a government organization in the United States that is responsible for collecting taxes and enforcing tax laws. Taxpayers are expected to pay their taxes to the IRS every year to support the government's programs and services.The IRS requires taxpayers to report all of their earnings, including interest earned from bank accounts, on their tax returns. If Frankie earned a significant amount of interest on his savings account, he must report it on his tax return and pay taxes on it.
Interest earned on a savings account is considered taxable income, and it is subject to both federal and state income taxes. The amount of taxes owed on the interest earned depends on Frankie's income level and his tax bracket.For instance, if Frankie is in a higher tax bracket, he will owe more taxes on his savings account interest than someone in a lower tax bracket. Additionally, the interest earned may be subject to additional taxes, such as the Medicare tax or the Net Investment Income Tax (NIIT).Therefore, Frankie must report the interest earned on his savings account on his tax return and pay any taxes owed on it.
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which of the following is not a source of monopoly power? multiple choice question. patents economies of scale free entry and exit economies of scope
Free entry and exit in economy is not a source of monopoly power.
What is a monopoly power?In reality, monopolies are pretty similar. A single corporation that controls a market or sector is referred to as a monopoly in the business world. A monopoly exists when there is just one alternative available to customers in a market.
A monopolist is another word that is used to describe a monopoly or monopoly power. A monopolist is a person or business that either dominates the market as the only seller or has such a significant impact that they are able to ignore the competition.
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as the price of gummy bears rises from $2.60 to $3 , what are the price elasticities of demand of sugar-free gummy bears and of ordinary gummy bears?
The price elasticities of demand of sugar-free gummy bears and of ordinary gummy bears when the price of gummy bears rises from $2.60 to $3 are 1.54 and 0.93, respectively.
What's Price Elasticity of DemandPrice elasticity of demand is a measure of the responsiveness of demand for a commodity or a service to a change in the price of the commodity or the service.
The price elasticity of demand of sugar-free gummy bears and of ordinary gummy bears when the price of gummy bears rises from $2.60 to $3 is given below:
Sugar-free gummy bears
Price elasticity of demand is given by the following formula:
PED = (% change in quantity demanded) / (% change in price)
PED = ((5-4) / 4) / ((3-2.60) / 2.60) = 1.54
The price elasticity of demand of sugar-free gummy bears is 1.54.
This means that demand for sugar-free gummy bears is elastic because the value of price elasticity of demand is greater than 1.Ordinary gummy bearsPrice elasticity of demand is given by the following formula:
PED = (% change in quantity demanded) / (% change in price).
PED = ((10-8) / 8) / ((3-2.60) / 2.60) = 0.93
The price elasticity of demand of ordinary gummy bears is 0.93. This means that demand for ordinary gummy bears is inelastic because the value of price elasticity of demand is less than 1.
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if money is neutral, what does this imply about the use of monetary policy? monetary policy is more effective in the short term than the long term. mechanisms should be introduced to ensure that the federal reserve is making sound decisions. monetary policy can influence the price level but cannot be used to encourage economic growth.
If money is neutral, it implies that monetary policy cannot be used to encourage economic growth. This means that monetary policy can influence the price level but not the real GDP.
The monetary policy is more effective in the short-term than the long-term. So, it should be used as a short-term tool to adjust the economy. Monetary policy is a tool used by the government to stabilize the economy. If money is neutral, it means that changes in the supply of money have no impact on the economy's real GDP. Hence, the government cannot use monetary policy to stimulate economic growth by increasing the money supply. Instead, monetary policy can only influence the price level by increasing or decreasing the demand for goods and services.
In the short run, changes in the money supply can impact the economy's price level. However, in the long run, changes in the money supply cannot influence the economy's real GDP. Hence, monetary policy should be used as a short-term tool to adjust the economy. Mechanisms should be introduced to ensure that the federal reserve is making sound decisions. The federal reserve is responsible for implementing monetary policy. As such, it is important to ensure that the federal reserve is making sound decisions when implementing monetary policy. To achieve this, mechanisms such as transparency, accountability, and public oversight should be introduced to ensure that the federal reserve is making sound decisions.
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in budgeting, variance is: group of answer choices a measure of the degree of dispersion of a distribution about its mean value. the difference between a realized value and a budgeted, or standard, value. the percentage decrease in volume that can occur without causing the organization to lose money. the difference between operating profit and total profit. the difference between total revenues and total costs.
In budgeting, variance is the difference between a realized value and a budgeted, or standard, value (option B).
In the context of budgeting, variance is the difference between a budgeted, or standard, value and a realized value. The variance is a quantitative measure of the degree of deviation between budgeted or expected outcomes and actual outcomes of a situation, process, or event. It is the numerical representation of how far apart actual performance or results are from the expected or budgeted performance or results.
Variance is calculated as the difference between an actual value and the standard or budgeted value. In other words, variance is a measure of the degree of dispersion of a distribution about its mean value.
Dispersion measures in budgeting: Dispersion measures are essential components of budgeting. Budgets serve as a guide for the allocation and use of resources to achieve the goals of an organization. Dispersion measures, such as variance, help management to understand how actual results compare to budgeted results, making it easier for them to plan and make decisions about resource allocation in the future.
Budgeting is a process of allocating scarce resources to various competing needs in an organization. By providing feedback on actual results and comparing them to budgeted results, dispersion measures such as variance assist managers in making better decisions about the allocation and use of resources.
Therefore, the difference between a realized value and a budgeted, or standard, value (option b) is variance.
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apple has just paid a quarterly dividend of $3.02. dividends are expected to grow by 10% for the next 4 quarters, and then grow by 1.2% thereafter. apple has a required quarterly return of 5%.what is the terminal value in the fourth quarter (
The terminal value in the fourth quarter is $101.58 if Apple has a required quarterly return of 5% in the last quarter.
Quarterly dividend = $3.02
Growth rate = 10% in the next 4 quarters
After 4 quarters, growth rate = 1.2%
Quarterly return of required = 5%.
To calculate the terminal value in the fourth quarter, we need to calculate the present value for future dividends. The formula for the present value is:
PV = D / (r - g)
PV1 = D1 / (r - g)
PV1 = $3.02 / (0.05 - 0.1)
PV1 = -$60.40
PV2 = D2 / (r - g)
PV2 = ($3.02 * 1.1) / (0.05 - 0.1)
PV2 = $34.13
PV3 = D3 / (r - g)
PV3 = ($3.02 * 1.1^2) / (0.05 - 0.1)
PV3 = $49.33
PV4 = D4 / (r - g)
PV4 = ($3.02 * 1.1^3) / (0.05 - 0.1)
PV4 = $71.46
We need to calculate the terminal value. The formula is:
PV(Terminal Value) = D5 / (r - g)
PV(Terminal Value) = ($3.02 * 1.1^4) / (0.05 - 0.012)
PV(Terminal Value) = $101.58
Now by adding all the present values, we get the terminal value:
Total PV = PV1 + PV2 + PV3 + PV4 + PV(TV)
Total PV = -$60.40 + $34.13 + $49.33 + $71.46 + $101.58
Total PV = $196.10
Therefore, we can conclude that the terminal value in the fourth quarter is $101.58.
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after the petty cash fund is established, the petty cash account is not debited or credited again unless the amount of the fund is changed. true flase
False; after the petty cash fund is created, it is not necessary to debit or credit the account again unless the fund's size changes.
What occurs after a petty cash fund is created?The corporation has internal control over the money in the fund by designating one person as the fund's manager. to start a small cash fund. The petty cash custodian typically deposits the cash in a small, lockable box once the check is cashed. The fund is now prepared for distribution as required.
Is small change a debit or credit?The petty cash account is a current asset in financial accounting. As a result, the money is recorded as a typical debit balance.
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(3 pts) a stock index currently stands at 350. the risk-free interest rate is 8% per annum (with continuous compounding) and the dividend yield on the index is 4% per annum. what should the futures price for a four-month contract be?
The futures price for a four-month contract should be 357.10.
The futures price is the price that two parties agree upon in a contract (known as a futures contract) for the sale and delivery of the item at a future date.
To calculate the futures price, we can use the formula:
[tex]F= S_{0} * e^{a-b} *T[/tex]
where:
F = futures price
S₀ = current index level
a= risk-free interest rate
b = dividend yield
T = time to expiration in years
Plugging in the given values, we get:
[tex]F= 350 * e^{0.08-0.44} *\frac{4}{12}[/tex]
[tex]F= 350 * e^{0.0133[/tex]
F = 357.10 (rounded to two decimal places)
Therefore, the futures price should be approximately 357.10.
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prepare a schedule of cost of goods manufactured. assume all raw materials used in production were direct materials. 2. prepare a schedule of cost of goods sold. assume that the company's underapplied or overapplied overhead is closed to cost of goods sold. 3. prepare an income statement.
To prepare a schedule of cost of goods manufactured and cost of goods sold, as well as an income statement, begin by gathering all necessary information, such as beginning and ending inventory, direct materials used, and overhead costs.
To prepare the schedule of cost of goods manufactured:
Start with the beginning raw material inventory and add direct material used to get total raw material available for use.Then subtract the ending raw material inventory to get raw material used in production.Add the cost of the raw material used in production to the cost of labor and overhead to get the total manufacturing cost.Subtract the ending work-in-process inventory from the total manufacturing cost to get the cost of goods manufactured.To prepare the schedule of cost of goods sold:
Start with the beginning finished goods inventory and add the cost of goods manufactured to get total goods available for sale.Subtract the ending finished goods inventory to get the cost of goods sold.Add any underapplied or overapplied overhead to the cost of goods sold.To prepare the income statement:
Start with the net sales and subtract the cost of goods sold to get the gross profit.Then subtract any operating expenses, such as administrative and selling expenses, to get the operating income.Lastly, subtract any non-operating expenses or gains to get the net income.Learn more about cost of goods and income statement here:
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THIS IS FOR ECONOMICS (please help)
One of the main concepts on successful investing is diversification of your portfolio. What does this mean? How would you select stocks?
Answer:
RESATE THIS QUESTION PLS
Explanation:
many major media organizations attempt to self-regulate and ensure ethical practice by hiring individuals to deal with readers, viewers, or listeners who have a complaint to report. such individuals are known as:
Many major media organizations attempt to self-regulate and ensure ethical practice by hiring individuals to deal with readers, viewers, or listeners who have a complaint to report. Such individuals are known as ombudsmen.
An ombudsman is an impartial individual who is responsible for investigating and settling complaints made by consumers or the public in general. They investigate complaints that have not been resolved by the organization and work with the parties involved to achieve a resolution. Ombudsmen are usually appointed by institutions or organizations such as newspapers, broadcasters, and government departments to provide a service to the public. The purpose of hiring an ombudsman is to maintain a high level of accountability and professionalism among media companies.
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how much would you pay to receive $100 at the end of 20 years if you can earn 12% interest on alternative investments of similar risk?
To calculate the present value of an investment that will yield $100 at the end of 20 years with 12% interest, you can use the following formula:
PV = FV / (1 + r)^n
Where PV is the present value, FV is the future value, r is the interest rate, and n is the number of years.
Therefore, in your case, the present value would be:
PV = $100 / (1 + 12%)^20= $7.31
To get $100 at the end of 20 years if you can earn 12% interest on alternative investments of similar risk you would need to pay $7.31.
What is present value?Present value refers to the current value of a future sum of money or stream of cash flows given a specified rate of return. It is also known as the discounted value. The present value of a future payment decreases as the rate of interest increases and decreases as the time until payment increases.
What is future value?The future value is the value of an asset or cash at a specified time in the future. It measures the nominal future sum of money that a particular sum of money is "worth" at a specified time in the future considering the potential interest rate earned over that time period.
The future value of a present sum of money or investment depends on the interest rate or investment return over time.
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