During Session 05, David Hollyer, the Senior Logistics Planning Analyst at CEMEX, was featured. CEMEX, a cement producer, paid for David to spend a full year in Monterey, Mexico because he was working on a major project that would benefit the company.
What is the definition of the senior logistics planning analyst? A senior logistics planning analyst is responsible for coordinating and preparing logistics solutions for a company. They oversee the logistics strategy and plan to ensure that products are shipped to the appropriate locations in a timely and cost-effective manner. They also handle product inventory levels and establish policies for order fulfillment to ensure that customer orders are delivered on time.
What is the significance of Monterey in the question? Monterey is the capital of Nuevo León, a state in Mexico. It is Mexico's ninth-largest city and one of the country's most important commercial centers. It has a population of over 1.1 million people and is the third-largest metropolitan region in the country. Monterey is home to many multinational corporations and has a strong manufacturing sector, which is why David Hollyer, the Senior Logistics Planning Analyst at CEMEX, was sent to the city for a year.
To learn more about “Senior Logistics Planning Analyst” refer to the: https://brainly.com/question/23440961
#SPJ11
what is it called when a business can offer a product for cheaper because they can make it for less cost
The term used to describe when a business can offer a product for cheaper price because they can make it for less cost is known as cost advantage.
The ability of a company or country to produce a product at a lower cost than its competitors, allowing it to offer a lower price to customers and/or generate a greater profit margin is referred to as a cost advantage.
A cost advantage can be generated in a variety of ways, including the use of technology, economies of scale, or labor cost advantages, among others.
As a result, companies with a cost advantage can sell their products at lower prices while still making a profit. This can help the company to establish a competitive advantage and outperform competitors.
Learn more about product cost here: https://brainly.com/question/14699408
#SPJ11
the view that holds an organization should satisfy the needs of consumers in a way that also provides for society's well-being is known as
The view that an organization should satisfy the needs of consumers in a way that also provides for society's well-being is known as Corporate Social Responsibility (CSR).
CSR focuses on the social and environmental responsibilities that an organization has and the impact that their operations have on the environment and society. This includes being mindful of the organization’s practices and policies and ensuring they are sustainable and ethical. CSR also requires organizations to be open and transparent with the public, consumers, and shareholders, as well as actively engaging with and contributing to local communities. Ultimately, CSR encourages organizations to be more accountable and responsible for their actions and decisions.
To know more about CSR click on below link:
https://brainly.com/question/8003335#
#SPJ11
if coffee and sugar are complementary goods, then an increase in the price of coffee, other things being equal, will result in
Yes, if coffee and sugar are complementary goods, then an increase in the price of coffee, other things being equal, will result in an increase in the demand for sugar.
Complementary goods are two goods that are often consumed together, such as coffee and sugar.
If the price of one of these goods increases, then the demand for the other good will also increase. This is because when the price of one good increases, people tend to buy more of the other good in order to maintain their desired level of consumption.
For example, if the price of coffee increases, people may choose to buy more sugar to sweeten their coffee, even if the price of sugar does not increase.
Thus, an increase in the price of coffee will result in an increase in the demand for sugar.
To know more about Complementary goods click on below link:
https://brainly.com/question/28145273#
#SPJ11
What is the difference between the Start Up plan and the Occupational Plan? Which statement is correct
The Occupational Plan tells where you want and plan to start the busines
Occupational Plan describes in detail how your business will operate
Start Up Plan- explains why you chose the business frame and location
Start Up Plan- Includes diagrams of production or areas of service
The difference between Start Up plan and Occupational Plan is that the Start Up Plan explains why you chose the business frame and location, whereas the Occupational Plan describes in detail how your business will operate. The correct statement is option B.
A start-up plan is a strategic plan for starting a new company. The document usually includes an executive summary, market research, product or service offerings, and revenue projections. The start-up plan is a blueprint that outlines how a new business will get off the ground and achieve success.An occupational plan is a document that outlines an individual's career objectives, interests, and aspirations. The document outlines an individual's career goals and how they plan to achieve them, taking into account their education, training, and experience. An occupational plan is a roadmap for an individual's career growth and development. It typically outlines short- and long-term goals, including the steps required to achieve those goals. It may also include information about an individual's strengths, weaknesses, opportunities, and threats.Therefore, the correct option is B "Occupational Plan describes in detail how your business will operate."Learn more about start-up plan: https://brainly.com/question/28303018
#SPJ11
which are true regarding recording purchases with discount terms using the net method? (check all that apply.)
The true statement regarding recording purchases with discount terms using the net method are:
a. if the purchase is paid within the discount period, Accounts Payable is debited and Cash is credited for the discounted costb. the purchase is first recorded at the discounted costWhat is recording of purchases with discount terms?Recording purchases with discount terms involves recording the purchase of goods or services at a discounted price in the company's accounting records. When a vendor offers a discount, it typically represents a reduction in the price for early payment.
For example, a vendor may offer a 2% discount if an invoice is paid within 10 days of receipt. To record the purchase, the company would first record the gross amount of the purchase in the accounts payable account. When the payment is made within the discount period, the company can then record the discount as a reduction in the amount owed to the vendor.
Full Options "a. if the purchase is paid within the discount period, accounts payable is debited and cash is credited for the discount cost b. the purchase is first recorded at the discount cost c. All of the above"
Read more about purchases
brainly.com/question/1489991
#SPJ1
when the central bank decides it will sell bonds using open market operations: group of answer choices the money supply is unaffected. interest rates decrease. the money supply decreases. the money supply increases.
When the central bank sells bonds using open market operations, money supply decreases (fourth option)
What is a contractionary monetary policy?Monetary policy are policies taken by the central bank of a country to affect the supply of money using its policy tools. The policy tools at the disposal of the Central bank are open market operations and the reserve requirement.
Contractionary monetary policy are policies taken to reduce the supply of money. When the Central bond sells bonds, the public pay for it with their money and this would reduce the money supply. When money supply declines, the interest rate would increase.
To learn more about monetary policy, please check: brainly.com/question/3817564
#SPJ1
if firms set prices with specific consideration of firms challenging them directly for customers, they have adopted a
Firms that set prices with specific consideration of firms challenging them directly for customers have adopted a strategy of price discrimination.
Price discrimination occurs when different consumers are charged different prices for the same product or service. This strategy is typically used by firms that have a significant market share and can raise prices beyond the level of other firms. By setting different prices for different consumers, firms can maximize their profits.
This is because they are able to charge a premium to consumers who are willing to pay more and a discount to those who may not be able to afford higher prices. Price discrimination also allows firms to target different groups of consumers.
See more about price discrimination at https://brainly.com/question/25565797.
#SPJ11
by a large margin, most business messages are multiple choice question. public relations messages. routine messages. messages meant to persuade. messages to communicate bad news.
By a large margin, most business messages are routine messages.
Routine messages are sent to conduct day-to-day business operations and help keep organizations functioning efficiently. These messages are usually transactional in nature, such as requests for information, confirmations, reminders, instructions, reports, and acknowledgments.
Routine messages serve a variety of purposes. For example, they can be used to remind someone of an upcoming deadline or to confirm that a task has been completed. They can also be used to communicate information, such as a new policy, to employees or customers. In addition, routine messages can be used to check in on progress, request updates, and provide feedback.
Routine messages are not meant to persuade or communicate bad news. Instead, they are used to help organizations keep track of their operations and ensure they are running smoothly. These messages are often brief and straightforward and are not intended to be used for public relations purposes.
Therefore, the answer would be routine messages.
To know more about business message, refer here:
https://brainly.com/question/14954859#
#SPJ11
who do you hire for the it director position? select an option from the choices below and click submit.
An IT director is responsible for leading an organization's technology department, developing and implementing strategic plans, managing budgets and resources, ensuring network security and reliability, and supervising the IT team's daily operations.
Furthermore, an IT director is responsible for overseeing and directing the organization's overall technology infrastructure, including all hardware, software, and communications systems.
To be qualified for the position of IT director, the candidate must have a minimum of a bachelor's degree in information technology, computer science, or a related discipline. A master's degree in a relevant field, as well as industry certifications, such as the Certified Information Systems Security Professional (CISSP) or the Project Management Professional (PMP) designation, are also preferred.
Qualifications for the IT director position are heavily influenced by the nature and requirements of the organization. An IT director with experience in healthcare, for example, would be more appealing to a healthcare organization than an IT director with experience in education.
However, in addition to having the necessary technical qualifications, an IT director must be a strategic thinker, a good communicator, and an effective manager of teams and resources.
In conclusion, when selecting an IT director, it is essential to consider the qualifications required for the specific organization and to search for a candidate who possesses the necessary technical and soft skills. Furthermore, the position of IT director is critical, and the candidate must be capable of making critical decisions and overseeing the organization's technology infrastructure.
To learn more about organization here:
https://brainly.com/question/19334871#
#SPJ11
you made a $900 mortgage payment. the interest of $925 on the mortgage for this month leads to an increase in the principal balance. you have:
If you made a $900 mortgage payment, and the interest for the month was $925, the result is that your principal balance will increase. This means that the amount of money you owe will be higher than it was before the payment was made.
The amount of the increase in principal balance depends on the interest rate on your mortgage. If the interest rate is 4%, then $900 of your mortgage payment would go towards principal and $25 towards interest. This would mean that your principal balance would increase by $25.
If the interest rate is higher, then a greater portion of your mortgage payment would go towards interest and the increase in the principal balance would be higher. For example, if the interest rate is 8%, then $862.50 would go towards principal and $37.50 would go towards interest. This would result in an increase in the principal balance of $37.50.
It is important to note that if your mortgage payment is greater than the amount of interest due, the remainder of the payment will go towards reducing the principal balance of your loan. This means that the increase in the principal balance will be less than the interest due for the month.
Know more about mortgage here:
https://brainly.com/question/8084409
#SPJ11
which part of the check is used to write the amount in words? imported asset responses a a b b c c e
The part of the check that is used to write the amount in words is the line labeled "Pay to the order of."
What is a check?
A check is a written order instructing a financial institution to pay a specific amount of money to a particular recipient. Checks are a type of negotiable instrument, which means that they can be legally traded for cash or goods and services.
A check typically has several parts, including the following: Date: The date on which the check was written. Payer's Name: The name of the individual or company who wrote the check. Payee's Name: The name of the person or entity who will receive the money.
Amount in Digits: The amount of money to be paid in numerical format. Amount in Words: The amount of money to be paid in written format. Signature: The signature of the person who wrote the check.
Learn more about Pay to the order of here:
brainly.com/question/25206296
#SPJ11
in the eyes of an average consumer with no knowledge in nutrition, what is the biggest con (or negative) about myplate?
One potential negative aspect of MyPlate from the perspective of an average consumer with no knowledge in nutrition is that it may oversimplify dietary recommendations.
MyPlate provides a basic visual representation of a healthy diet, with five food groups and general portion sizes, but it does not take into account individual differences in age, sex, activity level, or health status.
Additionally, MyPlate does not address specific concerns such as food allergies, intolerances, or chronic conditions that may require dietary modifications.
While MyPlate is a useful tool for promoting overall healthy eating habits, it is important for consumers to also consult with a healthcare professional or registered dietitian for personalized nutrition advice.
For more questions like MyPlate click the link below:
https://brainly.com/question/30302388
#SPJ11
john maynard keynes argued that people demand money for three reasons. what are these three reasons? group of answer choices
John Maynard Keynes argued that people demand money for three reasons. These reasons are: a) Transactions demand, which is the amount of money held for daily transactions b) Precautionary demand, which is the amount of money held for uncertain events c) Speculative demand, which is the amount of money held to take advantage of future opportunities and prices.
Keynes's liquidity preference theory stated that people tend to choose liquidity because it has no interest rate risk. A theory of interest rate determination that proposes that the demand for money and the supply of money are critical factors in determining interest rates is known as liquidity preference theory. It is based on the concept that people prefer liquid assets to illiquid ones because liquid assets are more easily exchanged for goods and services than illiquid assets.
To know more about liquidity theory click on below link :
https://brainly.com/question/13026007#
#SPJ11
about what percent of total world trade is accounted for by countries that belong to the world trade organization?
About 98 percent of total world trade is accounted for by countries that belong to the World Trade Organization (WTO). The World Trade Organization (WTO) is a global organization founded on 1 January 1995 that deals with the principles and rules regulating international trade.
The organization administers trade agreements, enforces trade rules, settles disputes between its members, and cooperates with other international organizations to ensure a smooth flow of goods and services around the world.
The WTO is the only global international organization dedicated to the regulation of international trade, and its membership comprises 164 countries.
The goal of the WTO is to ensure that trade flows as smoothly, predictably, and freely as possible. In short, around 98 percent of total world trade is accounted for by countries that belong to the World Trade Organization (WTO).
To know more about World Trade Organization, refer here:
https://brainly.com/question/5847608#
#SPJ11
as a project manager, you decide to use a continuous improvement framework to help you measure success. the framework you choose has a step that involves conducting performance metrics and data collection to establish baselines. which framework does this describe?
The framework you select contains a step that entails gathering baseline data and conducting performance metrics. The framework described here is DMAIC.
You choose to employ a continuous improvement framework as a project manager to assist you in determining success. To monitor a project's development and performance, project metrics are utilized. For team leaders, keeping track of a project's productivity, schedule, and scope makes it simpler to see what's on track.
To meet the demands of their clients as a project develops, managers require access to shifting budgets or timelines. For complicated projects that take place in rapidly changing environments, XPM: Extreme project management was developed. Stakeholder management is emphasized since plans and timetables are always changing. Scrum: A similar framework was created.
Learn more about project manager Visit: brainly.com/question/27995740
#SPJ4
as adolescents become increasingly interested in electronics - as opposed to books - where would you find the greatest increase in demand?
The greatest increase in demand for electronics, as opposed to books, can be found among adolescents. This is due to the fact that many of the technologies used in electronics, such as gaming, social media, and streaming services, are more appealing and relevant to adolescents than books.
What is demand?
Demand is the quantity of a product that a consumer is willing and able to buy at various costs within a given time and with limited resources. Factors affecting demand are price, income, tastes and preferences, substitute goods, complement goods, and expectations.As the demand curve shifts upward, the quantity demanded increases. As the price rises, the quantity demanded decreases, and as the price falls, the quantity demanded increases.
The amount of a commodity that customers are willing and able to buy at a specified price in a specified time frame is referred to as demand.
How is demand represented in a graph?
Demand curves can be represented in a graph as downward-sloping lines, with the quantity of the product on the x-axis and the price on the y-axis. It is important to understand that the law of demand implies that as price rises, the amount of the product demanded falls. As price falls, the amount of the product demanded increases.
To know more about Demand refer here :
https://brainly.com/question/29761926#
#SPJ11
) how much (in dollar value) does it cost at least if we want to reduce the duration of the project by 1 days? (5 points)
Reducing the project duration by one day will mean the completion of the project within 44 days. Suppose the project costs $5,000 a day, which means reducing the project duration by one day will cost $5,000, the minimum cost would depend on the critical path and project schedule.
What is Project Management? Project management is a process of planning, organizing, and controlling the resources required to complete the project effectively and efficiently. It includes the integration of different tasks that are executed by a team in a defined period to complete the project within time and budget. It involves setting specific objectives, planning, scheduling, and monitoring the progress of the project.
The critical path in the project defines the minimum time it takes to complete a project. Therefore, reducing the project duration by one day will have an impact on the critical path. However, the cost of reducing the project duration by one day is the opportunity cost of using critical path resources to work on that task. For instance, suppose the critical path is scheduled to complete the project within 45 days.
What is Opportunity Cost? Opportunity cost is the value of the next-best alternative forgone when making a choice. It is the cost of what is given up to obtain something else. It is the cost of using a scarce resource for one activity rather than using it for another.
For instance, if a farmer has a piece of land that can grow corn or wheat, planting corn means the opportunity cost of not planting wheat. Opportunity cost is essential in decision-making because it helps to evaluate the cost of using a resource for one activity over another.
The cost of reducing the duration of the project by one day is the opportunity cost of using critical path resources to work on that task.
To know more about Project duration refer here:
https://brainly.com/question/31063767#
#SPJ11
Paul is the owner of Paul's Cabinets, which is a sole proprietorship. The firm cannot pay its bills because a large customer defaulted on payment. Which one of the following statements is correct given this situation? (Points : 3) O The creditors of Paul's Cabinets can only collect payment if Paul's Cabinets receives payment from its customer. O The only course of action the creditors of Paul's Cabinets has is to sell the assets of Paul's Cabinets. O The creditors of Paul's Cabinets can assume the assets of Paul's Cabinets, but only in an amount that exceeds Paul's investment in the firm.
The creditors of Paul's Cabinets cannot assume the assets of Paul's Cabinets or sell the assets, since it is a sole proprietorship. The only course of action the creditors of Paul's Cabinets have is to collect payment from the large customer that defaulted on payment.
The creditors cannot force the customer to pay, so the only option for them is to wait for the customer to pay the debt or have the customer enter into a payment plan. Paul's Cabinets will be responsible for any unpaid debts, and the creditors can take legal action against Paul if the debt is not paid off.
The creditors may also negotiate with the customer to accept partial payments until the full amount is paid. In any case, the creditors of Paul's Cabinets can only collect payment if Paul's Cabinets receives payment from its customer.
Know more about sole proprietorship here
https://brainly.com/question/1428023#
#SPJ11
lexie's income put her in the third tax bracket (25%) last year. during that year, she earned $250 in dividends and $325 in coupons on a municipal bond. five years ago, she purchased a common stock for $475. she sold the same stock last year for $632. what is the total lexie will pay in taxes on last year's investments? (2 points)
The total amount of taxes Lexie will pay on last year's investments is $103.25. Income from dividends and municipal bond coupons are both considered taxable income, so the $250 in dividends and the $325 in coupons on a municipal bond will be taxed.
Since Lexie's income puts her in the third tax bracket, 25%, she will have to pay $87.50 on the dividends and $15.75 on the municipal bond coupons, for a total of $103.25.
In regards to the common stock, Lexie will have to pay taxes on any capital gains she made on the sale. Capital gains are the difference between the purchase price and the sale price. In this case, Lexie purchased the common stock for $475 and sold it for $632.
This means that the capital gain is $157. Since Lexie is in the third tax bracket, the tax rate is 25%, so the amount she will have to pay in taxes is $39.25.
Therefore, the total amount of taxes Lexie will pay on last year's investments is $103.25.
To learn more about investments here:
https://brainly.com/question/29547577#
#SPJ4
Joe's Camera shop has a favorite model that has monthly sales of 12. The cost to place an order to replenish inventory is $25 per order, and annual inventory holding cost per unit is $20. Assume the store is open 350 days per year. Lead time is 10 days. Cost per unit is .5
a. What is the optimal order size?
b. What is the optimal number of orders per year?
c. What is the optimal number of days between orders?
d. What is the annual holding cost? $
e. What is the total cost, including the cost of the units? $
(a) Optimal order size = 19 units(b) Optimal number of orders per year = 8 orders(c) Optimal number of days between orders = 282 days(d) Annual holding cost = $190(e) Total cost, including the cost of the units = $1935.5
What is the calculation?Annual inventory holding cost per unit is $20.Store is open 350 days per year.
Lead time is 10 days.
Cost per unit is 0.5
The demand rate (D) for the model can be calculated as:
D = Monthly demand × 12D = 12 × 12D = 144 units per year
The ordering cost (S) is given as $25 per order.
The holding cost (H) per unit per year is given as $20.Cost per unit (C) is given as $0.5
Calculations optimal order size
(Q)Q = sqrt((2DS)/H)
Q = sqrt((2×144×25)/20)
Q = sqrt(360)Q = 18.97 ≈ 19 units
The optimal order size is 19 units.
optimal number of orders per year
The optimal number of orders per year can be calculated as:
No of orders = (D/Q)No of orders = 144/19
No of orders = 7.57 ≈ 8 orders
The optimal number of orders per year is 8 orders.
optimal number of days between orders
The optimal number of days between orders can be calculated as:
D = (D/No of orders) × (Lead time + No of days open)
Q = (144/8) × (10 + 350)Q = 2250/8Q = 281.25 ≈ 282 days
The optimal number of days between orders is 282 days.
Annual holding cost can be calculated as:
Annual holding cost = Q/2 × H
Annual holding cost = 19/2 × 20
Annual holding cost = $190The annual holding cost is $190.
Total cost (TC) can be calculated as:
TC = (D/Q)S + (Q/2)H + D
Cost per unit (C) is given as $0.5
So, TC = (144/19) × 25 + (19/2) × 20 + (144 × 0.5)
TC = 1935.5
The total cost, including the cost of the units, is $1935.5.
To know more about Annual holding cost visit:
https://brainly.com/question/13993790
#SPJ11
Suppose that you are part of Alpha Pi Omega, a service fratemity that is dedicated to doing good in your community. Recently, your chapter has been trying to decide on a new project for the upcoming year. There are three possibilities. You could relandscape the grounds of your local library, so people would have a nice place outdoors to read. You could also start a book drive to replace books lost in a fire at your local elementary school. Finally, you could work with Meals on Wheels in your county to deliver food to the elderly who can't go to the grocery store. You strongly feel that the best choice would be to run the book drive. In order to make it more likely that your chapter will plck that option, you talk with a number of other fraternity members and get them to agree with you. Luckily, you also find out that another chapter of your fraternity has done something similar, and they achieved grateful recognition from their community, So you bring this fact to the attention of all of your fellow fraternity members. ul has done something similar, and t grateful recognition from their ion of all of your fellow fraternity
To urge other fraternity members to make a book drive their new endeavour, emphasise the significance of education, adhere to the fraternity's principles, share a triumph, and allay fears.
What made you decide to join Alpha Phi Omega?connecting with people from all around the world, making friends for life, and, of course, discovering your passion for service. Each university has its own unique APO membership requirements.
What is Alpha Phi Omega trying to accomplish?College students came together in an organisation centred on fraternalism and founded on the ideas of the Boy Scouts of America to form Alpha Phi Omega, a National Coed Service Fraternity. Its goals are to foster friendship, develop leadership, and serve humanity.
To know more about education visit:-
https://brainly.com/question/8822897
#SPJ1
hat applywhich of the following are advantages to television advertising? (check all that apply.)multiple select question.ability to work with dvr recordersability to demonstrate a product in useability to target specific marketsrelatively low cost compared to other forms of advertisingability to combine various senses to appeal to consumers
The following that are advantages to television advertising is the ability to work with DVR recorders (option a).
One advantage of television advertising is its ability to demonstrate a product in use. This is particularly important for products that are difficult to explain through text or images alone.
Television advertising also offers the ability to target specific markets at a relatively low cost compared to other forms of advertising.
They can also use demographic data to target their ads to specific age groups, genders, or income levels. By doing so, businesses can maximize their advertising dollars by reaching the people who are most likely to be interested in their products or services.
In conclusion, television advertising offers several advantages for businesses looking to promote their products or services. From demonstrating a product in use to targeting specific markets, television advertising can be a cost-effective way to reach a wide audience and create a lasting impression.
Do, the correct option is (a).
To know more about advertising here
https://brainly.com/question/3163475
#SPJ4
which of the following are factors in the ethical decision-making model? (select three) a. organizational factors b. employee benefits packages c. internal control d. individual factors e. ethical issue intensity
The factors in the ethical decision-making model are
(a) organizational factors, (d) individual factors, and (e) ethical issue intensity.What is ethical decision-making modelThe ethical decision-making model is a framework for making moral or ethical decisions. It is a step-by-step process that helps individuals or groups identify, analyze, and resolve ethical dilemmas in a structured and systematic way. The model typically consists of the following steps:
Identify the problem: Recognize that there is an ethical issue or dilemma.
Gather information: Collect all the relevant facts and information related to the issue.
Identify the stakeholders: Determine who is affected by the decision and consider their interests and values.
Evaluate alternatives: Consider various options for resolving the issue and evaluate the consequences of each.
Employee benefits packages and internal control are not typically included in the ethical decision-making model.
Read more on ethical decision-making https://brainly.com/question/9057370
#SPJ1
fiona opened a retirement account that has an annual rate of 2.2%. she is planning on retiring in 20 years. how much must she deposit into that account each year so that she can have a total of $600,000 by the time she retires?
Fiona must deposit $23,905.05 into her retirement account each year in order to have $600,000 by the time she retires in 20 years.
This calculation is based on the following formula:
Future Value = Present Value (1 + Interest Rate)^Number of Years
In this case, the Future Value is $600,000, the Present Value is $0, the Interest Rate is 2.2% (0.022), and the Number of Years is 20. Plugging these values into the formula, we get:
$600,000 = $0 (1 + 0.022)^20
Solving for Present Value, we get:
$0 = $600,000 (1 + 0.022)^-20
Dividing both sides by (1 + 0.022)^-20, we get:
$23,905.05 = $600,000 (1 + 0.022)
Therefore, Fiona must deposit $23,905.05 into her retirement account each year in order to have $600,000 by the time she retires in 20 years.
Learn more about Future Value:
https://brainly.com/question/24703884
#SPJ11
when there has been a change in an accounting principle by a public company, but the effect of the change on the comparability of the financial statements is not material, the auditor should
When there has been a change in an accounting principle by a public company, but the effect of the change on the comparability of the financial statements is not material, the auditor should include a footnote to the financial statements to describe the change.
The Statement on Auditing Standards (SAS) No. 22, “Planning and Supervision” mandates that “the auditor should obtain an understanding of the accounting principles and practices of the entity, including the methods of applying the principles and the significant accounting estimates made by management.
The auditor should also obtain an understanding of the effects of significant accounting principles and practices related to the industry in which the entity operates.”
Moreover, the SAS No. 22 also requires that “the auditor should be alert for changes in accounting principles or practices used by the entity and should investigate the circumstances surrounding such changes.
The auditor should evaluate the appropriateness of such changes in relation to the particular circumstances and should determine whether adequate disclosure has been made in the financial statements.”
The Financial Accounting Standards Board (FASB) is the body responsible for setting generally accepted accounting principles (GAAP) in the United States.
The FASB establishes GAAP through the issuance of Statements of Financial Accounting Standards (SFASs), which must be adhered to by publicly held corporations, both foreign and domestic. When a change occurs in accounting principles, publicly held corporations must inform their stakeholders by including explanatory notes in their financial statements.
To know more about Statement on Auditing Standards refer to-
brainly.com/question/30828432#
#SPJ11
Complete question
When there has been a change in an accounting principle by a public company, but the effect of the change on the comparability of the financial statements is not material, then what should a auditor do?
Financial markets facilitate the transfer of excess funds from those who have them to those who need them.In the following table, determine whether each financial market participant is a surplus unit or deficit unit.Suppose Green Network Energy needs to raise money to finance its new manufacturing facility, but their CFO does not want to part with any of thefirm's equity. In this case, Green Network Energy would likely issue _____ securities to obtain the funding. Which of the following are ways that Green Network Energy could obtain funds to finance the expansion of its operations, given its stated preferencein the previous question? Check all that apply.• Issue corporate bonds• Issue common stocks• Issue commercial paper• Issue preferred stocks
Green Network Energy could obtain funds to finance the expansion of its operations by issuing corporate bonds, commercial paper, and preferred stocks.
Corporate bonds are debt securities issued by corporations to finance their operations and growth. The company typically pays a fixed rate of interest on the bonds and must repay the principal when the bond matures. Commercial paper is an unsecured debt instrument issued by corporations to finance short-term needs. It is usually only issued for a period of 9 months or less.
Preferred stocks are securities that give shareholders a fixed dividend and preference over common stockholders in the case of liquidation. In addition, preferred stocks are typically less volatile than common stocks. As Green Network Energy stated they don't want to part with any of their equity, they could raise funds by issuing the above mentioned securities.
To know more about Corporate bonds click on below link:
https://brainly.com/question/14531325#
#SPJ11
large projects that involve purchasing land from many landowners may not succeed due to the expenses of negotiating so many different deals. these fees are examples of .
These fees are examples of transaction costs.
These can make large projects with multiple landowners costly and difficult to manage. Negotiating, purchasing, and other related expenses can quickly add up and be a major obstacle to completing a project.
Transaction costs refer to the expenditures incurred in the process of identifying, negotiating, and managing transactions. The costs associated with transaction activities in purchasing an asset.
Learn more about transaction costs here:
https://brainly.com/question/30175732?
#SPJ11
the country of middleterra has 200 people, 100 of them are working, and the real gdp is $5,000. what is the per capita income in middleterra?
The country of Middleterra has 200 people, 100 of them are working, and the real GDP is $5,000. The per capita income in Middleterra is $25.
This is because the per capita income is defined as the total economic output divided by the number of people in the population. It is a measure of a country's standard of living. A country's total GDP divided by its population equals its per capita GDP. To calculate per capita GDP, divide real GDP by the country's total population.
It is calculated by dividing the country's total GDP by its population. It is calculated by dividing the country's total GDP by its population. It gives the average economic productivity for each person in the country.
The per capita income is the average income per person in a specific area or country. It is calculated by dividing the total income earned by a population by the number of individuals who reside there. The measure of economic prosperity is measured by the per capita income.
It is determined by dividing the total economic output of a country by its population. It is a measure of the country's standard of living, which is determined by the amount of goods and services available to its people.
To know more about per capita income, click on the link below:
https://brainly.com/question/29745475#
#SPJ11
on march 4, tonkawa law asks green lawn services for basic lawn maintenance totaling $200. green lawn provides maintenance on march 8, and tonkawa pays for the lawn maintenance on march 12. under accrual-basis accounting, on which date should tonkawa record an increase in accounts payable? multiple choice march 4 (date of request). march 8 (date of lawn maintenance service). march 12 (date of cash payment). none of the choices are correct.
According to accrual-basis accounting, on which date should Tonkawa record an increase in accounts payable?
The answer is March 8.
Accrual accounting refers to an accounting method that takes into account revenue and expenses as they are earned or incurred, respectively, regardless of when they are received or paid.
In the given case, Tonkawa Law requested Green Lawn Services to provide basic lawn maintenance on March 4. Green Lawn provided maintenance on March 8, and Tonkawa paid for the lawn maintenance on March 12.
As the service was provided on March 8, it is the appropriate date to record an increase in accounts payable.
Hence, the correct answer is "March 8 (date of lawn maintenance service)".
Option A: "March 4 (date of request)" is incorrect because it is not the date on which services were provided.
Option B: "March 8 (date of lawn maintenance service)" is the correct answer as discussed above.
Option C: "March 12 (date of cash payment)" is incorrect because cash payment does not signify the date on which the payable was created.
Option D: "None of the choices are correct" is incorrect because the correct option is mentioned above.
to know more about accounting refer here:
https://brainly.com/question/22917325#
#SPJ11
suppose that you enter into a short futures contract to sell july silver for $27.20 per ounce. the size of the contract is 5,000 ounces. the initial margin is $4,000, and the maintenance margin is $3,000. what change in the futures price will lead to a margin call? what happens if you do not meet the margin call? the price of silver must drop to $27.00 per ounce for there to be a margin call. if the margin call is not met, your broker closes out your position. the price of silver must rise to $27.40 per ounce for there to be a margin call. if the margin call is not met, your broker closes out your position. the price of silver must rise to $27.40 per ounce for there to be a margin call. if the margin call is not met, the position remains open until the margin declines to $0.0. the price of silver must drop to $26.20 per ounce for there to be a margin call. if the margin call is not met, your broker closes out your position
A margin call occurs when the value of the margin account goes below the minimum maintenance margin.
In the example given, if the price of silver drops to $27.00 per ounce, a margin call will be issued. A margin call requires you to deposit more money into the margin account to bring it back above the maintenance margin level. If the margin call is not met, your broker will close out your position.
This means that the broker will sell your futures contract, and the proceeds will be used to pay off the remaining debt. You will lose the amount of the maintenance margin, as well as any additional losses that have occurred since entering the contract.
It is important to be aware of margin calls and the risks associated with trading futures. The initial and maintenance margins can vary significantly depending on the size of the contract, and margin calls can occur quickly if the price of the underlying asset moves significantly.
It is also important to be aware of the differences between initial and maintenance margin calls. An initial margin call requires you to meet the initial margin requirement before you can enter the contract. A maintenance margin call requires you to meet the maintenance margin requirement before the position can remain open.
It is important to remember that margin calls are an inherent risk when trading futures and can lead to significant losses. By understanding the requirements and risks associated with margin calls, traders can manage their positions and avoid potential losses.
To know more about margin call, refer here:
https://brainly.com/question/30721418#
#SPJ11