At the end of the accounting period, the accounts receivable account contained a debit balance of $18,000, based on this information the amount of cash collected from customers during the period is $102,000(Option d).
According to the question, Warren Company started the accounting period with a debit balance of $36,000 in accounts receivable. Over the accounting period, the company recorded revenue on account amounting to $84,000. The cash collected during the accounting period is $102,000. This is the total amount of revenue minus the increase in accounts receivable, plus the beginning balance of accounts receivable. To determine the cash collected, we must use the formula provided below:
Cash Collected = Total Revenue - Increase in Accounts Receivable + Beginning Balance of Accounts Receivable
Substituting the known values into the formula,
Cash Collected = $84,000 - ($18,000 - $36,000)Cash Collected = $102,000
Therefore, the answer is $102,000.
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What is the major advantage of holistic methods of measuring a brand’s market performance relative to comparative methods? Briefly explain how two holistic methods (residual approach vs. valuation approach) evaluate a brand’s market performance, and discuss how they are different from each other.
The main advantage of holistic methods for measuring a brand's market performance compared to comparative methods is that holistic methods consider multiple factors that can influence brand performance, whereas comparative methods only consider the brand in question, relationship with the competition.
The residual approach assesses brand performance by measuring the difference between the total value of the company and the value of tangible and intangible assets. This difference is attributed to the brand and is therefore used to assess its market performance.
On the other hand, the valuation approach measures the value of the brand in direct monetary terms using brand valuation methods, such as transfer pricing analysis or the income approach.
Although both holistic methods assess brand performance based on multiple factors, they differ in their approach in terms of how they measure brand equity. While the residual approach focuses on the brand's contribution to the total value of the company, the valuation approach focuses directly on the monetary value of the brand itself.
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The Jamestown branch of Bismarck State Savings Bank (BSSB) is a The results of the
ABC
study are retail branch in a rapidly growing residential summarized in the "Internal area. It services individuals and local businesses. To support its services, the branch employs 14 tellers, 3 retail sales managers (RSMs), and the branch managing officer. The branch services about 2,700 customers. Each of the 70 branches of Activity Analysis":
BSSB
is implementing
ABC
in order to improve profitability. BSSB's branch managing officers have been given the responsibility to implement activity-based costing. The managing officer at the Jamestown branch decided to implement a two-stage
ABC
system. The following process map depicts (Click the icon to view the internal activity analysis.) its two-stage
ABC
system. (Click the icon to view the cost data for the last year.) A part of the activity analysis conducted at the Jamestown branch of Bismarck State Savings Bank (BSSB) was identifying potential cost drivers for each major activity. The following cost drivers were chosen because they were both plausible and reliable and data were available: (Click the icon to view the process map.)
A financial institution that collects funds and rewards savers with interest or dividends. It transfers savings from people who want to live within their means to borrowers who want to spend more.
An organization that accepts savings deposits and pays interest on the funds is known as a savings bank. They were developed in Europe in the 18th century with the intention of giving all segments of the public access to savings products.
Although a savings bank account offers a modest interest rate, the consumer has the ability to withdraw money whenever they choose, subject to a monthly withdrawal cap. You can use your savings account to pay bills. As part of SMS banking services, banks also notify their clients of transaction notifications by SMS and email.
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You are the financial Director of a sanitizer and chemicals production company XYZ Limited. XYZ Limited has a year-end of 30 June. The company is based in Windhoek and has access to the following data for the fiscal year that concluded on 30 June 2021, regarding its numerous properties, plants, and equipment: 1. XYZ Company self-constructed its manufacturing plant, which became available for use on 1 January 20.18. The detail of the construction costs incurred on specific dates is as follows: Manufacturing did not start until 1 February 20.18, following extensive testing of the facility in November 20.17 and December 20.17. Testing cost N\$200 000, which was dispersed over the course of two months. The plant was predicted to have an eight-year useful life and a residual value of N\$150,000. These estimates have never needed to be changed. Because of a decline in the demand for sanitizers during the preceding fiscal year, the recoverable amount of the plant was N$1800000 as of June 30,2020 . The demand for sanitizers surged significantly because of the global COVID 19 pandemic, and as of June 30, 2022, the recoverable amount was reevaluated to be N $2,000,000. XYZ Company accounts for manufacturing plant in accordance with the Cost Model and depreciates it over its useful life. 2. On July 1, 2016, XYZ Limited purchased a property in Okahandja. XYZ Limited using a revaluation approach based on the fair market value of property takes owner-occupied land and buildings into consideration. Since the fair values of the property was close to their carrying amounts in previous years, the first revaluation was carried out on 30 June 2022 only. Depreciation that had accrued as of the revaluation date is subtracted from the asset's gross carrying value. Owner-occupied structures are depreciated throughout the course of their 8 -year useful life in a straight line. Depreciation for the year is based on the most recent valuation and XYZ Limited uses the gross replacement method to account for revaluation. The following information is available in respect of the cost and open market valuations of the property in Okahandja. Information on the cost and market value of XYZ Limited Okahandja Property. Fair value is determined in a principle market of a willing buyer and a willing seller. 3. The revaluation surplus is transferred to retained earnings as the buildings are used. 4. Ignore amy TAX implications.
Manufacturing Plant: The self-built manufacturing plant, with a residual value of N$150,000 and an estimated useful life of 8 years, became operational on January 1, 2018.
Fair value is determined in a principle market of a willing buyer and a willing seller.The plant was tested in November and December of 2017, with testing expenses totaling N$200,000 spread out over the two-month period.
Due to a spike in sanitizer demand during the COVID-19 pandemic, the plant's recoverable amount, which was N$1,800,000 as of June 30, 2020, was revalued to be N$2,000,000 as of June 30, 2022.
According to the Cost Model, XYZ Limited accounts for the manufacturing facility and depreciates it over its useful life.
Property in Okahandja: On July 1, 2016, XYZ Limited made a purchase of the Okahandja property.
Owner-occupied, the property is being revalued using the fair market value methodology.
Depreciation that had accrued as of the revaluation date is deducted from the asset's gross carrying value. The first revaluation was completed on June 30, 2022.
Owner-occupied buildings depreciate over the course of their 8-year useful life in a straight line, and for each year, depreciation is calculated using the most recent valuation.
The gross replacement method is used by XYZ Limited to account for revaluation.
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What is an existing business relationship that includes customers, prospects, partners, and competitors
Account: An current commercial relationship exists and may include clients, prospects, allies, and competitors . Contact: Particular person who is presenting the account. Sales Opportunity: There is the possibility to sell products or services in connection with a contact or account.
Which company revised its internal procedures to get a competitive edge?An online survey based on the competitive metrics and key performance indicators for the implementation of BPR was used to collect the data used to derive specific findings. The Wrigley Company was found to have a competitive edge thanks to the implementation of BPR.
The four most crucial strategic moves for outperforming competitors are which four?The four basic approaches for gaining a competitive advantage are cost leadership, differentiation, defensive tactics, and strategic partnerships.
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What does it mean to have a commitment to diversity equity and inclusion How have you would you demonstrate that commitment?
Having a commitment to diversity, equity, and inclusion means valuing and respecting people of all backgrounds, identities, and experiences.
What does this mean?It means actively working to create an environment where everyone feels welcomed, supported, and included.
We can display a commitment to diversity, equity, and inclusion by showing people of different classes, races and social strength that they are all equal and will be treated with dignity and respect without them feeling like they are inferior,
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9. Brian owns a corn dog stand that will generate $105,000 per year forever, but since corn dogs are out of favor, the first cash flow won't occur until 4 years from today. Suppose he wants out of the corn dog business and decides to sell the stand to a friend. If the discount rate is 4%, what is TODAY's fair price for Brian's corn dog stand? Enter your answer as a positive number rounded to the nearest dollar.
The fair price for Brian's corn dog stand today, rounded to the nearest dollar, is $2,270,308.
To calculate the fair price of the corn dog stand, we need to calculate the present value of all future cash flows using a discount rate of 4%.
Since the first cash flow won't occur until 4 years from today, we need to calculate the present value of an annuity due with a payment of $105,000 per year, starting 4 years from today, and continuing indefinitely.
The formula for the present value of an annuity due is:
[tex]PV = PMT * ((1 - (1 / (1 + r)^n)) / r) * (1 + r)[/tex]
Where PV is the present value, PMT is the payment, r is the discount rate, and n is the number of periods.
Plugging in the values, we get:
PV = [tex]$105,000 * ((1 - (1 / (1 + 0.04)^∞)) / 0.04) * (1 + 0.04)[/tex]
PV = $2,270,307.63
Therefore, the fair price for Brian's corn dog stand today, rounded to the nearest dollar, is $2,270,308.
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Give an example of the security risks associated with a mobile devices? Limit your response to 200 words.
Example: One of the security risks associated with mobile devices is the potential for unauthorized access to sensitive data.
If a mobile device is lost or stolen, the data stored on the device, such as personal information, financial information, and login credentials, can be accessed by someone else.
Hackers can also exploit vulnerabilities in mobile operating systems and apps to gain access to sensitive data. Additionally, mobile devices can be targeted with phishing attacks, where attackers send messages that appear to be from a trusted source to trick users into providing sensitive information.
Mobile devices are often used to access sensitive information, making them a prime target for cybercriminals. Loss or theft of a mobile device can result in data breach or unauthorized access to personal information.
As mobile operating systems and apps are regularly updated, they can also contain vulnerabilities that can be exploited by hackers. Moreover, mobile devices are often connected to public Wi-Fi networks that may not be secure, making them vulnerable to hacking attempts.
It's crucial to take necessary precautions, such as using strong passwords, enabling device encryption, and installing antivirus software to prevent security breaches on mobile devices.
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profit margins tend to peak during the growth stage of the product life cycle. this is due to . this being the stage with the most intense competition the fact that companies don't spend on advertising in this stage prices tend to be the lowest in this stage declining cost of making the product while prices can remain high the fact that sales volumes are starting to decline
Profit margins tend to peak during the growth stage of the product life cycle. This is due to the declining cost of making the product while prices can remain high.
The product life cycle (PLC) is a marketing concept that describes the stages a new product goes through in the market. The product life cycle is broken down into four phases, each of which represents a different stage of a product's life span.
These phases are the introduction phase, the growth stage, the maturity stage, and the decline stage. In the growth stage, product sales are rapidly increasing, and there is a significant increase in demand for the product.
This is due to increased customer awareness and the company's improved product marketing strategies. This leads to an increase in production and sales volumes, which result in declining costs of production due to the economies of scale.
Profit margins tend to peak during the growth stage of the product life cycle. This is due to the declining cost of making the product while prices can remain high. The company usually spends a lot on advertising to increase product demand during this stage, and competition is becoming more intense as other firms enter the market with similar products.
As competition intensifies, companies must concentrate on lowering costs to remain profitable in the market. As a result, declining cost of making the product while prices can remain high is a significant factor for profitability during this stage.
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During 2016, Sensa Corporation incurred operating expenses amounting to $170,000 of which $75,000 was paid in cash; the balance will be pal during 2017. Which of the following is correct for the 2016 year-end balance sheet? O Assets decrease $170,000 and stockholders' equity decreases $170,000 O Stockholders' equity decreases $75.000 and assets decrease $75,000. 0 Stockholders' equity decreases $170,000, assets decrease $75,000, and liabilities increase S95000 O Assets decrease $170.000, liabilties increase $95,000, and stockholders' equity decreases $170,000
The correct answer is: O Stockholders' equity decreases $170,000, assets decrease $75,000, and liabilities increase $95,000.
Operating expenses are expenses that are incurred during the normal course of business operations. These expenses are recorded on the income statement and are subtracted from the company's revenues to calculate the company's operating income.
In this case, Sensa Corporation incurred operating expenses amounting to $170,000, of which $75,000 was paid in cash and the balance of $95,000 will be paid during 2017.
The payment of $75,000 in cash decreases the company's assets by $75,000 and the company's stockholders' equity by $75,000. The remaining $95,000 of operating expenses that will be paid in 2017 is recorded as a liability on the company's balance sheet, increasing the company's liabilities by $95,000.
Therefore, the correct answer is that stockholders' equity decreases $170,000 (the total amount of operating expenses), assets decrease $75,000 (the amount paid in cash), and liabilities increase $95,000 (the amount that will be paid in 2017).
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1) Which structural configuration of work will allow moderate level of autonomy to their employees'?
a)Mechanistic
b)Perceptual-motor
c)Divisional
d)Behavioral
2)Which one is not a part of SHRM's legal consideration-
a)Job Security
b)Employee pay and benefits
c)Employee referral for orientation
d)Employee safety and health
1) The structural configuration of work that will allow moderate level of autonomy to their employees is Divisional. (C)
2) The option that is not a part of SHRM's legal consideration is Employee referral for orientation. (c)
This type of structure is characterized by grouping employees into divisions or units based on a common product or service. (C)
Each division has a moderate level of autonomy and can make decisions regarding their specific product or service, while still being accountable to the overall organization.
SHRM's legal considerations include ensuring compliance with laws and regulations related to job security, employee pay and benefits, and employee safety and health.
However, employee referral for orientation is (c) not a legal consideration, but rather a human resources practice used to help new employees become familiar with the organization and their role within it.
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Description on the roles and responsibilities of the tax
authority Please give me a detailed answer.
The tax authority is responsible for administering the tax laws of a country or state, collecting taxes from taxpayers, and ensuring compliance with tax laws.
It performs various roles and responsibilities that are vital for the functioning of a tax system. Here are some of the key responsibilities of the tax authority:
Enforcement of tax laws: The tax authority is responsible for enforcing tax laws and regulations. It ensures that taxpayers comply with the tax laws and regulations by collecting taxes, conducting audits, and imposing penalties if necessary.
Collection of taxes: The tax authority collects taxes from individuals and businesses according to the tax laws of the country or state. It ensures that taxpayers pay the correct amount of tax and on time.
Administration of tax laws: The tax authority is responsible for administering tax laws and regulations. It develops policies and procedures for the implementation of tax laws and regulations, provides guidance to taxpayers on tax issues, and ensures that taxpayers understand their tax obligations.
Monitoring of tax compliance: The tax authority monitors taxpayers' compliance with tax laws and regulations by conducting audits, investigations, and other compliance activities. It identifies non-compliant taxpayers and takes appropriate action to enforce tax laws and regulations.
Public education: The tax authority provides public education on tax issues to increase taxpayers' understanding of their tax obligations. It provides information on tax laws and regulations, tax obligations, and tax benefits to help taxpayers comply with tax laws and regulations.
Conclusion: The tax authority plays an important role in administering the tax system of a country or state. It performs various roles and responsibilities that are vital for the functioning of a tax system. It ensures that taxpayers comply with tax laws and regulations, collects taxes, and enforces tax laws and regulations. It also provides public education on tax issues to increase taxpayers' understanding of their tax obligations.
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Select the correct option. Find the product of 4(1)/(3) and (1)/(5). (4)/(15) (1)/(15) (13)/(15) (4)/(5)
The product of 4(1)/(3) and (1)/(5) is (4)/(15).
In mathematics, a product is a result obtained by multiplying two or more numbers together. The product of a and b is written as a x b or ab. If more than two numbers are multiplied, it is indicated by writing a multiplication sign between each of them, for example, a x b x c or abc.
In the question above, we are given two fractions to multiply. They are 4(1)/(3) and (1)/(5). Now, let's multiply them.To multiply fractions, we simply multiply their numerators (top numbers) together and their denominators (bottom numbers) together.
So,4(1)/(3) x (1)/(5) = (4 x 1)/(3 x 5) = 4/15. Therefore, the product of 4(1)/(3) and (1)/(5) is (4)/(15), so the correct option is (4)/(15).
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On Monday, November 15, 2004, TheStreet.com reported: "An
experiment in the efficiency of financial markets will play out
Monday following the expiration of a $3.08 dividend privilege for
hol
The experiment's findings supported the efficient market hypothesis, which states that all relevant information is already reflected in a security's price.
On Monday, November 15, 2004, TheStreet.com reported an experiment in the efficiency of financial markets. This experiment followed the expiration of a $3.08 dividend privilege for the Hollinger International preferred shares.
The experiment aimed to test whether market inefficiencies exist and if they could be exploited for profit. The hypothesis was that the market would efficiently price the dividend privilege into the share price before its expiration, leaving no room for arbitrage opportunities. However, if the market was inefficient, there would be potential for profit.
The experiment's results showed that the market was indeed efficient, and no arbitrage opportunities existed. The experiment's findings supported the efficient market hypothesis, which states that all relevant information is already reflected in a security's price.
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Item 2 The following data have been extracted from the records of Puzzle Incorporated: February August Production level, in units 9,600 20,160 Variable costs $ 27,840 $ ? Fixed costs ? 34,300 Mixed costs 25,984 ? Total costs $ 88,124 $ 142,930 Required: Calculate the missing costs. Calculate the cost formula for mixed cost using the high–low method. Calculate the total cost that would be incurred for the production of 13,824 units. Identify the two key cost behavior assumptions made in the calculation of your answer to part c. cost behavior pattern relevant range
The missing costs are:
Variable costs for August = $116,620.80Fixed costs for February = $34,300Mixed costs for August = $1,009.20The cost formula for the mixed costs is: Total cost = $36,176.80 + ($5.78 x Production level) + Mixed cost.
The two key cost behavior assumptions made in the calculation of the answer to part c are:
The assumption that the mixed costs are linear within the relevant range of production levels.The assumption that the variable cost per unit remains constant within the relevant range of production levels.How to Solve the Problem?To calculate the missing costs, we need to use the high-low method to separate the mixed costs into their fixed and variable components. The high-low method involves taking the highest and lowest production levels and their corresponding total costs and using them to calculate the variable cost per unit and the fixed cost.
Using the data given, we can find the missing costs as follows:
Variable costs for August:
Variable cost per unit = (Total cost at highest production level - Total cost at lowest production level) / (Highest production level - Lowest production level)
Variable cost per unit = ($142,930 - $88,124) / (20,160 - 9,600)
Variable cost per unit = $5.78
Variable costs for August = Variable cost per unit x August production level
Variable costs for August = $5.78 x 20,160
Variable costs for August = $116,620.80
Fixed costs for February:
Fixed costs = Total costs - (Variable costs + Mixed costs)
Fixed costs = $88,124 - ($27,840 + $25,984)
Fixed costs = $34,300
Mixed costs for August:
Mixed costs = Total costs - (Fixed costs + Variable costs)
Mixed costs = $142,930 - ($34,300 + $116,620.80)
Mixed costs = $1,009.20
Therefore, the missing costs are:
Variable costs for August = $116,620.80
Fixed costs for February = $34,300
Mixed costs for August = $1,009.20
Using the high-low method, we can calculate the cost formula for the mixed costs as follows:
Variable cost per unit = ($142,930 - $88,124) / (20,160 - 9,600)
Variable cost per unit = $5.78
Using the highest production level and its corresponding total cost, we can find the total fixed cost:
Total cost at highest production level = Fixed cost + (Variable cost per unit x Highest production level) + Mixed cost
$142,930 = Fixed cost + ($5.78 x 20,160) + $1,009.20
Fixed cost = $36,176.80
Therefore, the cost formula for the mixed costs is: Total cost = $36,176.80 + ($5.78 x Production level) + Mixed cost.
To calculate the total cost for the production of 13,824 units, we can use the cost formula for mixed costs:
Total cost = $36,176.80 + ($5.78 x 13,824) + $1,009.20
Total cost = $107,683.16
The two key cost behavior assumptions made in the calculation of the answer to part c are:
The assumption that the mixed costs are linear within the relevant range of production levels.
The assumption that the variable cost per unit remains constant within the relevant range of production levels.
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What should Tax professionals do to enhance their tax technical knowledge? Select all that apply.
A)Attend all assigned learning and development courses
B)Document all work done and client discussions held in the engagement file
C)Be aware of appropriate knowledge databases
D)Stay up to date on changes to the law
Tax professionals do all these to enhance their tax technical knowledge:
A) Attend all assigned learning and development courses
C) Be aware of appropriate knowledge databases
D) Stay up to date on changes to the law
Tax professionals should attend all assigned learning and development courses to enhance their tax technical knowledge. They should also be aware of appropriate knowledge databases and stay up to date on changes to the law. Documenting all work done and client discussions held in the engagement file is also important for maintaining accurate records, but it may not directly enhance tax technical knowledge.
Thus, option A, C, and D are correct answers.
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1. Differentiate primary and secondary data collection methods (five points should be given) (5 marks)
2. Which sampling method is suitable to select 150 employees which fully reflects the distribution of these three departments in the population in order to collect primary data (assume that the researcher found sampling frames of all three departments)? (5 marks)
3. Why did you select the sampling method you have mentioned in above question? Justify your answer (10 marks)
4. Clearly explain how to select 150 employees with calculations using your procedure (10 marks)
part 2
A manager of a company randomly said that mean KPI value of their employees is 20 according to his knowledge. In order to check that value given by the manager (in order to check whether the mean KPI is significantly different from 20), an auditor has selected twenty employees randomly from the same organization and measured their KPI values using a standard scale which varies from 1 to 25.
20.70 27.46 22.15 19.85 21.29 24.75 20.75 22.91 25.34 20.33
21.54 21.08 22.14 19.56 21.10 18.04 24.12 19.95 19.72 18.28
Enter given data into SPSS accurately by defining variables. (03 marks)
Write down relevant hypothesis to test the above mentioned claim/value given by the manager (in order to check whether the mean KPI is significantly different from 20). (02 marks)
Test whether the mean KPI value of employees is significantly differ from 20 at 5% significance level. Write the interpretation (10 marks)
Primary data collection methods refer to the gathering of original data specifically for a particular research project.
In contrast, secondary data collection methods involve analyzing data collected by other researchers for different purposes. What is primary data collection? Primary data collection refers to the gathering of data that has not been previously collected or published. It is data collected specifically for a particular research project.
Some of the main methods used to collect primary data include surveys, observations, experiments, and interviews. Here are some points of differences between primary and secondary data collection methods: Primary data collection methods: Involve collecting original data through the use of surveys, observations, experiments, and interviews. Data is collected specifically for a particular research project.
The data obtained is always new and original. The quality and accuracy of the data can be verified. The cost of collecting primary data can be quite high. Primary data collection methods allow researchers to obtain specific information on a particular issue or topic. Secondary data collection methods: They involve analyzing data that has already been collected by other researchers for different purposes.
The data is not specifically collected for a particular research project. The data analyzed is already in existence and has been published before. The quality and accuracy of the data may not be verified or reliable. The cost of collecting secondary data is generally lower compared to primary data analysis. Secondary data collection methods may not provide specific details about a particular issue or topic.
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Using Kraljic’s product portfolio matrix, on which quadrant
would you advice NUST Purchasing and Supply Management Officers to
plot these needed laptops/desktops. Motivate your
answer.
The stars quadrant is the quadrant that the Kraljic’s product portfolio matrix has to plot these needed laptops/desktops.
How is the Kraljic’s product portfolio matrix used?Kraljic’s product portfolio matrix is a framework used to analyze a company's purchasing portfolio and identify the appropriate procurement strategy for each product category. The framework categorizes products based on two dimensions: supply risk and profit impact. Based on this, the four quadrants of the Kraljic Matrix are:
Strategic Items: High supply risk and high profit impact.
Leverage Items: Low supply risk and high profit impact.
Bottleneck Items: High supply risk and low profit impact.
Non-Critical Items: Low supply risk and low profit impact.
To determine which quadrant laptops/desktops fall into, we need to consider the supply risk and profit impact of these products. In this case, laptops/desktops are likely to fall into the Non-Critical Items quadrant. Here's why:
Supply Risk: The supply risk for laptops/desktops is relatively low, as there are many suppliers in the market and they are widely available. NUST can easily find alternative suppliers if one supplier fails to deliver the required quantity.
Profit Impact: The profit impact for laptops/desktops is also relatively low, as they are likely to be used for administrative purposes, such as word processing and data entry, rather than for core business activities.
Based on the above analysis, we can conclude that laptops/desktops are Non-Critical Items and should be placed in this quadrant. For Non-Critical Items, the recommended procurement strategy is to focus on standardization and cost reduction. Therefore, NUST's purchasing and supply management officers should focus on finding the most cost-effective solution for acquiring laptops/desktops, such as negotiating bulk discounts or finding a supplier that offers competitive pricing.
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Q9. Good and Proper Tea was founded in 2012 by Emilie Holmes. The business website states: We source our teas from around the world, from Kenya to India, Japan to China and many more places in between. It is important to us that we know exactly where each tea comes from and who is responsible for harvesting the leaves we buy. We will always share this information with our customers'. The business started when Emilie converted an old Citroën van (pictured right) into a mobile brew bar. Emilie wanted to expand the business. To achieve this she needed finance. She decided to raise finance using crowdfunding through the Kickstarter website. 372 individual backers each provided between £1 and £1000. Good and Proper Tea was launched. The first cup of tea was brewed and sold in Shoreditch, London, in 2012. The success of the mobile business led Emilie to plan to open a shop selling the same high-quality teas. Once again she decided to use crowdfunding as her source of finance. This time, using the Crowdcube website, she successfully raised £140,000. The shop was opened in 2016 and is very successful. As Good and Proper Tea imports its most important ingredient, it is affected by changes in the exchange rate. Recent changes in the value of the pound mean that its costs have increased. Evaluate whether crowdfunding is an effective source of finance for Good and Proper Tea. You should use the information provided as well as your knowledge of business. (Total for question = 12 marks)
According to the data given, crowdfunding has been a successful method of funding for Good and Proper Tea. Using crowdsourcing, the business was able to successfully raise money twice.
Why is crowdfunding a successful means of raising money?Making direct ties with the general people is one of the main benefits of crowdfunding. You toss your idea out into the world, you offer to raise finances in exchange for either a tangible product or other relative presents, and voilà.
How successful is crowdsourcing?The typical success rate for campaigns on crowdfunding platforms is 22.4%. In fact, just 25 percent of crowdfunding initiatives succeed in reaching their objectives.
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what are some of the things to consider when purchasing disability insurance? chose all appropriate answers.
When purchasing disability insurance, the following are some of the factors to consider:
Age at the time of purchasing: The younger you are when you purchase a disability policy, the lower the premium. The premium is determined by the risk of disability, which rises with age.Occupation: An employee in a high-risk job such as construction or mining will have a higher premium than an employee in a low-risk occupation. This is due to the higher risk of injury on the job.Health history: Insurance companies will look at your medical history to determine your risk for a disability. Certain medical issues or conditions may make you ineligible for coverage.Length of coverage: Short-term disability policies last up to two years, while long-term policies can last up to 10 years or more. Short-term disability policies are less expensive than long-term policies, but long-term policies provide greater coverage.Income: The amount of disability coverage you can obtain is determined by your income. It is usually recommended that you obtain a policy that covers 60% of your income. This can be more or less depending on the individual's situation.The waiting period: This is the amount of time you must wait before the insurance company begins paying your benefits. Waiting periods can range from 30 to 90 days. The shorter the waiting period, the higher the premium.Complete question
"What are some of the things to consider when purchasing disability insurance?
Chose all appropriate answers.
- How does the policy define disabilities?
-What dollar amount or percentage is promised? How are amounts affected by Social Security and other factors?
- For how long do the benefits last?
- When do benefits begin being paid?"
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a university is reassigning campus building space, leaving the space previously occupied by the Simmons bookstore in the basement of the Main College Building vacant. The project team wishes to repurpose the space and provide a single location for all Simmons student organizations to gather and utilize. Draft a project charter and request for proposal.
A project charter and request for proposal has been drafted for the repurposing of the space previously occupied by the Simmons bookstore in the basement of the Main College Building.
The project objective is to create a single location for all Simmons student organizations to gather and utilize for their activities.
The project scope includes transforming the space into an area that can comfortably accommodate all student organizations and their needs. The timeline and budget for this project should be outlined in the request for proposal.
Project CharterProject Title: Repurposing of the Simmons Bookstore space for Simmons Student OrganizationsLocation: Basement of the Main College BuildingObjectives: To provide a central location for Simmons student organizations to gather and utilize.Scope: The project aims to transform the Simmons bookstore space in the basement of the Main College Building into a multipurpose space for student organizations to utilize. The scope of the project includes the redesigning of the space to accommodate multiple uses such as meeting rooms, collaborative workspaces, lounges, and storage. The project also includes the installation of appropriate furniture and equipment to support the intended use of the space.Learn more about Main College Building.
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14. two-stage dcf model (s4.4) consider the following three stocks: a. stock a is expected to provide a dividend of $10 a share forever. b. stock b is expected to pay a dividend of $5 next year. thereafter, dividend growth is expected to be 4% a year forever. c. stock c is expected to pay a dividend of $5 next year. thereafter, dividend growth is expected to be 20% a year for five years (years 2 through 6, as c recovers from a severe recession) and zero thereafter. if the cost of equity for each stock is 10%, which stock is the most valuable? what if the capitalization rate is 7%?
Stock C is the most valuable at a capitalization rate of 7%.
We will use the two-stage DCF method to find out the stock's intrinsic values:
Two-staged DCF:
Year 1 Dividend per share for the year 2020 for all three stocks is 0. We can use the following formula to calculate the present value of the dividend after Year 1 for all three stocks:
PV = Dividend after year 1 / (Discount Rate - Dividend Growth Rate)
Therefore:
Stock A: PV = 0 / (10% - 7%) = 0
Stock B: PV = 0 / (10% - 5%) = 0
Stock C: PV = 0 / (10% - 4%) = 0
Year 2 onward Dividend per share for all three stocks can be calculated using their given growth rates. For stock C, we will have to calculate the terminal value separately using the following formula:
Terminal Value = Dividend after year 5 (1 + long term dividend growth rate) / (Discount Rate - long term dividend growth rate)
Now we can calculate the intrinsic value of each stock using the following formula:
Intrinsic value = PV + Present value of future dividends + Terminal Value
Therefore:
Stock A: Intrinsic value = $0 + $0.53 + $99.47 = $100
Stock B: Intrinsic value = $0 + $2.36 + $127.68 = $130.04
Stock C: Terminal Value = $3.20 (1 + 4%) / (10% - 4%) = $58.72
Intrinsic value = $0 + $2.58 + $58.72 + $533.73 = $594.03
Now, let's see which stock is the most valuable at a cost of equity of 10%.
a) Stock A: Intrinsic value = $0 + $0.53 + $99.47 = $100
b) Stock B: Intrinsic value = $0 + $2.36 + $124.68 = $127.04
c) Stock C: Terminal Value = $3.20 (1 + 4%) / (10% - 4%) = $58.72
Intrinsic value = $0 + $2.58 + $58.72 + $533.73 = $594.03
Therefore, Stock C is the most valuable at a cost of equity of 10%.
Now, let's see which stock is the most valuable at a capitalization rate of 7%.
a) Stock A: Intrinsic value = $0 + $0.53 + $142.33 = $142.86
b) Stock B: Intrinsic value = $0 + $2.36 + $136.75 = $139.11
c) Stock C: Terminal Value = $3.20 (1 + 4%) / (7% - 4%) = $1313.70
Intrinsic value = $0 + $2.58 + $1313.70 = $1316.28
Therefore, Stock C is the most valuable at a capitalization rate of 7%.
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A loan is offered with bi-weekly payments (26 payments per year)
and a 14 percent APR. What’s the loan’s effective annual rate
(EAR)?
The loan's effective annual rate (EAR) is 14.31%.
To calculate the loan's effective annual rate (EAR), we first need to calculate the periodic interest rate.
The loan has bi-weekly payments, which means there are 26 payments per year (52 weeks ÷ 2). The APR is 14%, which means the periodic interest rate (r) is:
r = APR / number of periods per year
r = 0.14 / 26
r = 0.005384615
Next, we can use the following formula to calculate the effective annual rate (EAR):
EAR = (1 + r)^n - 1
Where:
r = periodic interest rate
n = number of periods per year
Plugging in the values, we get:
EAR = (1 + 0.005384615)^26 - 1
EAR = 0.1431 or 14.31%
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Scenario A: An assembly line has three work stations. Demand exceeds capacity, and the line is in full operation. Station 1 takes 20 minutes to complete the tasks that have been assigned to it to assemble 1 unit of product. Station 2 takes 30 minutes to complete the tasks assigned to it to assemble 1 unit, Station 3 takes 25 minutes to complete the tasks assigned to it to assemble 1 unit. Assuming a 35-hour work week, what is the weekly capacity of the production line?
ASSEMBLY LINE
Solution:
The weekly capacity of the production line can be calculated using the following formula,
Weekly capacity = Number of units produced per hour * Number of working hours per week
Since there are three stations in the assembly line, each station takes some time to complete the tasks assigned to it to assemble 1 unit of the product. Therefore, the production rate at each station can be calculated as follows,
Production rate at station 1 = 60/20 = 3 units per hour
Production rate at station 2 = 60/30 = 2 units per hour
Production rate at station 3 = 60/25 = 2.4 units per hour
Now, the weekly capacity of the assembly line can be calculated as follows,
Weekly capacity = (3+2+2.4) * 35 = 245 units
Hence, the weekly capacity of the production line and demand is 245 units.
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In the new product development process, when companies provide brief written descriptions of the product and what customer needs it would satisfy, sometimes including visual images of what the product would look like it involvesidea generation.concept testing.product development.market testing.product launch.
The process of providing brief written descriptions of the product and what customer needs it would satisfy, sometimes including visual images of what the product would look like, is known as concept testing.
This is an important step in the new product development process because it allows companies to gather feedback from potential customers and make any necessary changes before moving forward with product development.
Concept testing is typically done after idea generation but before product development, market testing, and product launch. By gathering feedback early on in the process, companies can ensure that they are creating a product that will meet the needs and wants of their target audience.
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QUESTION 31Scottish brewer Innis & Gun created a campaign which rewarded customers for recommending their product to their friends... This is commonly aAcquistion StrategyUpsell strategyReferral StrategyParty strategy1 points
Scottish brewer Innis & Gun created a referral strategy campaign which rewarded customers for recommending their product to their friends.
What is a referral strategy?
Referral marketing is a method of advertising that promotes a product, service, or business via referrals, typically from happy customers. Referral marketing strategies, sometimes known as word-of-mouth marketing, are effective because people trust the opinions and experiences of others.
A referral strategy is a marketing tactic that aims to encourage people to tell others about a product, service, or brand. It often employs incentives such as discounts, free products or services, or other benefits to motivate current customers to refer their friends, family, and colleagues to the business.
In the given question, Scottish brewer Innis & Gun created a referral strategy campaign which rewarded customers for recommending their product to their friends.
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jack liquid company produces four liquid products: 1, 2, 3, and 4. the price, the resources required and the unit cost and the availability of those resources as well as the lower and upper bond for each decision variable are given in the following table:
The Jack Liquid Company produces four liquid products: 1, 2, 3, and 4. Each of these products requires different resources to produce and has a different unit cost. The availability of these resources and the lower and upper bounds for each decision variable are also given in the table provided.
To determine the optimal production levels for each of these products, we need to consider the price, resources required, unit cost, and availability of resources for each product. We can use a linear programming model to maximize the total profit for the company.
The objective function for this problem is:
Maximize Profit = P1X1 + P2X2 + P3X3 + P4X4
Where P1, P2, P3, and P4 are the prices of products 1, 2, 3, and 4 respectively, and X1, X2, X3, and X4 are the production levels of products 1, 2, 3, and 4 respectively.
The constraints for this problem are:
R1X1 + R2X2 + R3X3 + R4X4 <= A1
R5X1 + R6X2 + R7X3 + R8X4 <= A2
R9X1 + R10X2 + R11X3 + R12X4 <= A3
R13X1 + R14X2 + R15X3 + R16X4 <= A4
Where R1, R2, R3, R4, R5, R6, R7, R8, R9, R10, R11, R12, R13, R14, R15, and R16 are the resources required for each product, and A1, A2, A3, and A4 are the availability of these resources.
The lower and upper bounds for each decision variable are also given in the table and can be included in the constraints as:
L1 <= X1 <= U1
L2 <= X2 <= U2
L3 <= X3 <= U3
L4 <= X4 <= U4
Where L1, L2, L3, and L4 are the lower bounds and U1, U2, U3, and U4 are the upper bounds for each decision variable.
By solving this linear programming model, we can determine the optimal production levels for each product that will maximize the total profit for the Jack Liquid Company.
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three sisters buy a home. they each have equal portions of possession, interest, time and title. they decide that upon death, the survivor will acquire their shares. what type of tenancy exists?
The type of tenancy that exists when three sisters buy a home and they each have equal portions of possession, interest, time, and title is joint tenancy. Joint tenancy is a type of ownership that can be shared by two or more people. The answer is joint tenancy.
Each joint tenant has an equal share in the property and has the same rights, including the right to the whole property if one of the joint tenants dies. Joint tenancy implies that ownership is held by a group of people with equal shares. All three sisters own the property, and they are all equally entitled to it. Additionally, if one of them passes away, the other two sisters will inherit the deceased sister's portion of the property, which will be divided equally between them. The answer is joint tenancy.
The rules of joint tenancy are - Joint tenants own the property jointly, which means that each individual owns an undivided share of the whole property. Joint tenants must receive their share of the property at the same time and in equal portions. When a joint tenant dies, their portion of the property will automatically pass to the other joint tenants, in accordance with the survivorship principle.
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Discuss some legal ramifications that stereotypes and prejudices
have had on the hiring process. Provide examples of situations in
which stereotypes and prejudices can enter the hiring process and
how they impact hiring decisions.
Under the laws enforced by the Equal Employment Opportunity Commission (EEOC), it is illegal to discriminate against someone based on protected characteristics such as race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age (40 or older), disability or genetic information. Despite these legal protections, stereotypes and prejudices can still enter the hiring process and impact hiring decisions.
For example, an employer may hold a stereotype that women are not as capable or committed to their jobs after having children, leading to discriminatory practices in the hiring process. Similarly, an employer may hold a bias against older workers, assuming that they are not as productive or adaptable to new technologies, leading to age discrimination in hiring decisions.
Prejudices and stereotypes can also manifest in more subtle ways, such as in the language used in job postings, the types of questions asked during an interview, and in the selection criteria used to evaluate candidates. Hiring decisions that are based on stereotypes and prejudices can have legal consequences for employers who are found to be in violation of anti-discrimination laws.
Employers have a responsibility to ensure that their hiring practices are unbiased and based on objective criteria related to the job qualifications and criteria that are needed for the job. Training hiring managers and HR staff on unconscious bias and developing objective selection criteria can help reduce the impact of stereotypes and prejudices on the hiring process.
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Questions
Identify five examples of actions that a business needs to take to be legally compliant under WHS legislation.
Identify four responsibilities employers have to provide a safe workplace.
Identify four responsibilities employees have to ensure a safe workplace for themselves, their colleagues and others who attend the workplace.
List three reasons businesses are required to consult with the workforce on WHS matters.
Name the four occasions when employers are required by WHS legislation to consult with the workforce.
Identify who the employers are required to consult with regarding WHS issues.
Complete the box below by briefly explaining how each option operates to enable effective consultation on WHS issues.
Under WHS legislation, businesses need to take the following five actions to be legally compliant:
1. Provide a safe work environment
2. Provide and maintain safe machinery and equipment
3. Provide training and supervision to employees to ensure they can carry out their work safely
4. Consult with employees on WHS matters
5. Report and keep records of any work-related injuries or illnesses
Employers have the following four responsibilities to provide a safe workplace:
1. Identify and assess potential hazards in the workplace
2. Implement controls to eliminate or minimize the risk of those hazards
3. Provide information, instruction, and training to employees on WHS matters
4. Monitor and review the effectiveness of the controls in place
Employees have the following four responsibilities to ensure a safe workplace:
1. Follow safe work practices and procedures
2. Report any hazards or potential risks to their employer
3. Use personal protective equipment (PPE) as required
4. Participate in consultation on WHS matters
Businesses are required to consult with the workforce on WHS matters for the following three reasons:
1. To ensure employees have input into decisions that affect their health and safety
2. To identify potential hazards and risks in the workplace
3. To develop and implement effective controls to eliminate or minimize those risks
Employers are required by WHS legislation to consult with the workforce on the following four occasions:
1. When identifying hazards and assessing risks in the workplace
2. When making decisions about how to eliminate or minimize those risks
3. When making decisions about the adequacy of facilities for employee welfare
4. When proposing changes that may affect the health and safety of employees
Employers are required to consult with the following individuals regarding WHS issues:
1. Health and safety representatives (HSRs)
2. Health and safety committees (HSCs)
3. Employees directly affected by a WHS matter
Each of the following options operates to enable effective consultation on WHS issues:
1. HSRs: Represent the interests of employees on WHS matters and have the authority to make recommendations to the employer.
2. HSCs: Provide a forum for employees and employers to discuss and resolve WHS issues.
3. Direct consultation: Allows employees to have input into decisions that affect their health and safety.
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6. A project has an initial cost of $60,000, expected net cash inflows of $13,000 per year for 8 years, and a cost of capital of 11%. What is the project's IRR? Round your answer to two decimal places.7. A project has an initial cost of $45,000, expected net cash inflows of $11,000 per year for 9 years, and a cost of capital of 8%. What is the project's MIRR? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places.8. A project has an initial cost of $70,000, expected net cash inflows of $11,000 per year for 12 years, and a cost of capital of 8%. What is the project's PI? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places.9. A project has an initial cost of $35,000, expected net cash inflows of $13,000 per year for 8 years, and a cost of capital of 11%. What is the project's payback period? Round your answer to two decimal places.10. A project has an initial cost of $35,000, expected net cash inflows of $8,000 per year for 7 years, and a cost of capital of 11%. What is the project's discounted payback period? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places
PI = 1.79, IRR = 16.61%, MIRR = 11.13%, Return on investment = 2.69 years
Payback term after discount = 5.21 years.
How do you determine a project's payback period?Simply divide the initial cash outlay of a project by the amount of net cash inflow that the project generates annually to learn how to calculate payback period in practise. You can assume that the annual net cash inflow is constant while figuring up the payback period formula.
How do you answer inquiries about repayment periods?A payback period is the length of time it takes for an investment's cash flow to equal or exceed its initial cost. The payback period can be determined by dividing the investment's cost by the annual cash flow.
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