Answers
In a business liquidation, A)liabilities are paid in full before funds are distributed to owners.
What is liquidation?Selling off assets and utilising the money to settle debts with creditors and shareholders is the process of liquidation. When a business becomes insolvent and unable to pay its debts, it is triggered. Another type of liquidation is when a corporation voluntarily decides to close its doors and sell off its assets.
This means that all debts owed by the company must be satisfied before any remaining assets are distributed to the owners. Creditors have priority over owners in the distribution of assets in a liquidation, as they are considered to have a higher claim on the company's assets. Owners may receive a return of their investment only after all liabilities have been paid.
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Related Questions
From the case Ford Hybrid Car Case, by ARVIND RANGASWAMY
Develop forecasts of hybrid car penetration in the U.S. market from 2007 through 2016 for each scenario you develop, along with a justification and explanation for your forecasts. (In applying the Bass model, note that market penetration data for the three analog products mentioned in the case, namely, ABS, EFI, and Diesel cars, were all reckoned in terms of the percentage of the target market that adopted the product. Thus the maximum market potential can at most be equal to 100).
Answers
The forecasts of hybrid car penetration in the U.S. market from 2007 through 2016 for each scenario are Optimistic, Pessimistic and Realistic.
Scenario 1: Optimistic
In this scenario, I assume that the following factors will contribute to the growth of the hybrid car market:
Increasing awareness of the environmental benefits of hybrid carsGovernment incentives for purchasing hybrid carsContinued improvement in the performance and affordability of hybrid carsBased on these factors, I forecast that the market penetration of hybrid cars in the U.S. will reach 10% by 2016.
Scenario 2: Pessimistic
In this scenario, I assume that the following factors will hinder the growth of the hybrid car market:
High price of hybrid carsLack of charging infrastructureConsumer resistance to changeBased on these factors, I forecast that the market penetration of hybrid cars in the U.S. will reach only 5% by 2016.
Scenario 3: Realistic
In this scenario, I assume that the following factors will influence the growth of the hybrid car market:
A combination of the factors in the optimistic and pessimistic scenariosBased on these factors, I forecast that the market penetration of hybrid cars in the U.S. will reach 7% by 2016.
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Why is it important to stick to a study schedule even if you are caught up with everything? a It guarantees higher grades on your exams. b It helps to create good study habits. c It is time set aside so you can take a break from watching television. d It gives you more time to play your favorite game without interruption.
Answers
Answer:
Explanation:
B - It helps to create good study habits.
What’s the maximum amount of time homstyle Mac and cheese
Answers
The maximum amount of time required to prepare homemade-style mac and cheese typically ranges from 30 to 45 minutes. This includes the time needed for boiling the pasta, making the cheese sauce, and baking or broiling the dish for a crispy topping.
The exact duration may vary depending on the recipe and individual cooking preferences. To begin, the pasta is cooked in boiling water for about 8 to 12 minutes until it reaches the desired tenderness.
Meanwhile, a cheese sauce is prepared by melting butter, adding flour to create a roux, and gradually incorporating milk and shredded cheese until a creamy consistency is achieved. This process usually takes around 10 to 15 minutes.
Once the pasta is drained and the cheese sauce is ready, they are combined and optionally transferred to a baking dish. The mac and cheese is then baked or broiled for an additional 10 to 15 minutes, resulting in a golden and bubbly top.
In summary, while homemade-style mac and cheese can be made in as little as 30 minutes, it typically requires around 30 to 45 minutes from start to finish, depending on the recipe and desired outcome.
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From the picture below, the marketing vice president is interested in the revenue numbers broken down by month, division, customer demographics, sales office, product version, and plan. These are her business dimensions along which she wants to analyze her numbers.
Question: In the case of Marketing Manager and Financial controller, what are their business dimensions they analyze their numbers?
Answers
The business dimensions to be analyzes by the Marketing Manager and Financial controller includes:
profitabilityliquiditysolvencyefficiencyvaluation.Who is a Marketing Manager & Financial controller?Marketing Manager are those managers that specializes in the development of marketing strategies for their organizations while the Financial controller is a top-hierarchy manager that oversees and controls the firm's day-to-day financial operations.
The main role of the Marketing Manager is to promote the firm's business, product, service etc while the main role of the Financial controller is to records and manages the accounting function.
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Which of the following is the most
"liquid" asset?
A. currency
B. checking accounts
C. certificate of deposits
Answers
Answer:
A. currency
Explanation:
Answer:
a
Explanation:
identify 2 challenge that are experienced by tertiary sector
Answers
Answer:
Explanation:
Two challenges commonly experienced by the tertiary sector include technological disruption and increasing customer expectations.
TECHNOLOGICAL DISRUPTION: The rapid advancement of technology has significantly impacted the tertiary sector. Automation, artificial intelligence, and digitalization have led to the emergence of new business models and processes, disrupting traditional service industries. Tertiary sector businesses must adapt to these changes by integrating technology into their operations, upskilling their workforce, and redefining their service offerings to remain competitive.
INCREASING CUSTOMER EXPECTATIONS: In today's digital age, customers have higher expectations when it comes to service quality, convenience, and personalization. They demand seamless online experiences, instant responses, and customized solutions. Meeting these expectations requires tertiary sector organizations to invest in customer relationship management systems, improve their digital presence, and provide personalized and efficient services.
Madeline purchased 8 songs on iTunes for $1.29 each. What was the total amount she spent?
Answers
Answer:
$10.32
Explanation:
If one song costs $1.29, and she buys 8 of them, you would multiply 1.29 by 8.
Answer:
it would be $10.32 in total
Explanation:
Felicia put $175 into a CD that pays 4% interest, compounded semiannually.
According to the rule of 72, approximately how long will it take for her money
to double?
A. 8 years
B. 16 years
C. 12 years
D. 18 years
Answers
Answer:
D. 18 years
Explanation:
Felicia has $175; doubling it will make it $350 ($175 x 2)
The interest per year is 4%
The applicable formula is A= P ( 1 + r)^n
where A = $350
P=$175
r=0.04
n= time ???
$350=$175 (1 +0.04)^n
350= 175(1.04)^n
350/175=1.04^n
2=1.04^n
log 2= (log 1.04)n
n= log2/ log1.04
n= 0.30102/0.017033
n= 17.70 year
n=18 years
what tool is most appropriate for applying spread on the bread?
Answers
Answer:
A butter knife
Explanation:
Traditionally, people spread the spread on bread with a butter knife.
Question Content Area
Flexible Budget for Assembly Department
Steelcase Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it produces filing cabinets in two departments: Fabrication and Assembly. Assume the following information for the Assembly Department:
Direct labor per filing cabinet 20 minutes
Supervisor salaries $108,000 per month
Depreciation $6,500 per month
Direct labor rate $18 per hour
This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below.
Prepare a flexible budget for 4,000, 10,000, and 16,000 filing cabinets for the month of August, similar to Exhibit 5, assuming that inventories are not significant. Enter all amounts as positive numbers
Answers
The preparation of a flexible budget for 4,000, 10,000, and 16,000 filing cabinets for the month of August, for Steelcase Inc. is as follows:
Steelcase Inc.
Assembly Department BudgetMonth ending August 31
4,000 10,000 16,000
Variable costs:
Direct labor $24,000 $60,000 $96,000
Fixed Costs:
Supervisor salaries $108,000 $108,000 $108,000
Depreciation 6,500 6,500 6,500
Total fixed costs $114,500 $114,500 $114,500
Total department costs $138,500 $174,500 $210,500
What is a flexible budget?A flexible budget adjusts the revenue and costs according to the activity level.
A flexible budget is the opposite of a static/planning budget, which does not change in accordance with the activity level.
In preparing a flexible budget, costs and revenues for different activity levels must be shown.
Direct labor per filing cabinet 20 minutes
Supervisor salaries $108,000 per month
Depreciation $6,500 per month
Direct labor rate $18 per hour
Direct labor cost per filing cabinet = $6 ($18/60 x 20)
Direct labor costs at different activity levels:
4,000 units = $24,000 ($6 x 4,000)
10,000 units = $60,000 ($6 x 10,000)
16,000 units = $96,000 ($6 x 16,000)
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3. How did followers in this case act in ways that contribute to the power of destructive leaders and their goals? What was the debilitating impact their actions had on the organizations?
Answers
The followers in the Penn State Sexual Abuse Scandal acted in ways that contributed to the power of the destructive leader and his goals.
How did followers contributed to power of the destructive leader?Jerry Sandusky was convicted of sexually abusing multiple young boys over a period of several years which has erupted following Sandusky's arrest revealed a pattern of behavior in which followers including university officials and members of the football program.
This rruption enabled Sandusky's abusive behavior by ignoring or covering up reports of misconduct. In some cases, individuals who spoke out against Sandusky's behavior were ostracized or punished for challenging the status quo. This pattern of behavior allowed Sandusky to continue his abuse unchecked and contributed to the power he held over those around him.
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Which aspect do you think is most important for an entrepreneur in order to achieve venture capital? Why?
Answers
Answer:
savings
Explanation:
Because as an entrepreneur u need to save for the business you are doing
The United States Health and Human Services, Administration of Children and Families, in partnerships with Safe Kids USA and the Department of Transportation, National Traffic Highway Safety Administration, has a campaign to keep children safe in vehicles and prevent deaths from extreme heat exposure after being left inside cars, vans, and buses. The campaign focuses on what message?
a. Lock! Lock! Lock Your Vehicle!
b. Look Before You Lock!
c. Look at Temperatures Before You Lock!
d. None of the above.
Answers
The campaign that looks like the children are safe in vehicles and prevents deaths from extreme heat exposure after being left inside cars was the message Look Before You Lock.
What is the campaign?The word is derived from "Campania," a battleground for the ancient Roman army. A "political campaign" is what is referred to in politics when someone is running for a political office.
There are certain campaigns running for the children's safety. The United States Health and Human Services, the Department of Transportation, National Traffic Highway Safety Administration were running the campaign for child security.
Therefore, As a result, The campaign message was to look before you lock your vehicle.
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Joshua borrowed $1,000 for one year and paid $100 in interest the bank charged him a service charge of $10 what is the finance charge on this loan
Answers
Answer:
1000-100-10 = 890 dollars left
He needs 110 dollars to pay the money he borrowed back.
Explanation:
hope this helps
$890 is the finance charge on this loan. As Joshua borrowed $1,000 for one year and paid $100 in interest the bank charged him a service charge of $10.
What is meant by finance charge?The financing charge is the cost of consumer credit stated in monetary terms. It covers any charges made by the lender as a condition or event of extending credit that are paid directly or indirectly by the client.
A finance charge is the total cost of borrowing money, including interest and other costs. It could be a percentage of the loan balance or a fixed charge imposed by the company. Credit card companies use a variety of formulas to compute finance charges.
The most common type of finance charge is the interest you accrue on the balance of your credit card each month if you don't pay it off in full.
Thus, it is $890.
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A seller entered into a written contract to sell a tract of land to an investor. The contract made no mention of the quality of title to be conveyed. The seller and the investor completed the sale, and the seller delivered a warranty deed to the investor. Soon thereafter, the value of the land increased dramatically. The investor entered into a written contract to sell the land to a buyer. The contract between the investor and the buyer expressly provided that the investor would convey a marketable title. The buyer's attorney discovered that the title to the land was not marketable, and had not been marketable when the original seller conveyed to the investor. The buyer refused to complete the sale. The investor sued the original seller for breach of contract, claiming damages from the seller's failure to convey marketable title, which resulted in the investor's loss of the sale to the subsequent buyer. Who is likely to prevail on this count?
Answers
Answer: The original seller, because her contract obligations as to title merged into the deed
Explanation:
A Marketable title simply means a title which is free from any sort of threat of litigation or reasonable doubt. In a situation whereby a clear title of deed cannot be produced to a property, in a specific performance action, the prospective buyer might be expected to lose.
Based on the scenario explained, the original seller, will likely to prevail on this count because her contract obligations as to title merged into the deed.
According to Ghemawat's earlier observations of CAGE phenomena related to countries and relative distances measured with the framework, countries who share a common currency have a greater probablity of trading with each other than countries who share a common border.
a. True
b. False
Answers
Answer:
According to Ghemawat's CAGE framework, "countries who share a common currency have a greater probability of trading with each other than countries who share a common border."
a. True
Explanation:
The CAGE framework was developed by an international strategy guru, Pankaj Ghemawat. CAGE is a cultural, administrative, geographic, and economic framework. The framework offers businesses a means to evaluate the non-physical distances that exist between countries. With this more-inclusive view of distance, the CAGE framework provides another way for business to consider the location, opportunities, and risks involved in global trade or arbitrage.
An investor receives a 15% total return by purchasing a stock for $40 and selling it after one year with a 10% capital gain. How much was received in dividend income during the year
Answers
Answer:
Dividend per share = $2
Explanation:
The total yield or return on a stock consists of two components namely dividend yield and capital gains yield.
Total yield or return = Dividend yield + Capital gains yield
If the total return is 15% while the capital gains yield was 10%, the dividend yield on the stock will be,
0.15 = Dividend yield + 0.1
0.15 - 0.1 = Dividend Yield
Dividend Yield = 0.05 or 5%
Thus, dividend income per share will be,
0.05 = Dividend per share / 40
0.05 * 40 = Dividend per share
Dividend per share = $2
Search the library and the Internet for information pertaining to the ethical violation made by an organization, past or present, and be sure not to identify the organization. See if this incident has occurred in other organizations; give 2 examples and their outcomes. (OWN WORDS)
Answers
Legitimizations that are Substantial for the Association's Activities Business ethics issues length a great many subjects inside an association's ethical rules. Straightforward moral issues in business include empowering conduct that depends on genuineness and trust, however more complicated issues include obliging variety, humane navigation, consistence, and administration that is reliable with the association's fundamental standards.
Business ethics, typically alluded to as corporate morals, is a subset of applied morals or expert morals that resolves moral or moral issues that might come up in the work environment.
It is critical to the activities of the two individuals and whole organizations and is relevant to all features of business behavior.
People, authoritative declarations, or the overall set of laws all add genuineness to these morals.
These guidelines, goals, moral convictions, and untrustworthy conduct act as an organization' core values.
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If price is greater than average variable cost and less than average total cost at the profit-maximizing quantity of output in the short run, a perfectly competitive firm will:
Answers
Answer:
produce at an economic loss.
Explanation:
In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.
This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.
In a perfectly competitive market in long-run equilibrium, a long-run equilibrium avails firms the opportunity to adjust all inputs and all fixed costs are maximized. Also, it's characterized by free entry and exit, as such there isn't a fixed number of firms. This simply means that, since the number of firms in a long-run equilibrium can change, a firm must exit the market as a result of losses i.e when the firm is unable to cover its fixed costs in the long-run while new firms are allowed entry into the market when it anticipates potential profits or gains.
However, the firms always strive to maximize profits by increasing their level of output, such that P = MC. Also, the firms wouldn't be willing to leave or enter into the market because they are not making any profit, such that P=AC.
In a nutshell, in the long run equilibrium P=MR=MC and P=AC.
Hence, if price is greater than average variable cost and less than average total cost at the profit-maximizing quantity of output in the short run, a perfectly competitive firm will produce at an economic loss.
Additionally, Average Total Cost (ATC) can be defined as the overall cost of production divided by total output of production. It is calculated by dividing total cost by total output of production or by adding TVC and TFC.
Derek Davis, the sole proprietor of DD's Jam Shoppe, started trading on 1 January 2015 and provides you with the following list of balances which was extracted from his books on 31 March 2015. §. Inventory on 31 March 2015 was valued at · . ● Bank . Cash Accounts Receivable Accounts Payable Fixtures, Fittings and Equipment Premises Capital Transportation Out Discounts Wages and Salaries Utilities (including water rates) Rent Revenue Loan 1 Gross Income 1 654 6 875 9020/JANUARY/F 2016 699 450 7 780 25 000 396 160 4 750 1 180 1922 32 484 Additional information at 31 March 2015: Fixtures, Fittings and Equipment is to be depreciated at 20% per annum, using the straight line method. 185 3 000 2 560 8 793 One employee has not yet been paid his wages of $900. The Water Company has a credit of $160 for payment received in advance. 4 Mr Davis rents part of his shop premises to a tenant, who owes $1 500 in rent for the month of March. Interest is to be calculated on the Loan at the rate of 15% per annum.
Answers
Here is the financial statement for Derek Davis's sole proprietorship:
The financial statementDerek Davis, sole proprietor of DD's Jam Shoppe, had the following balances as of March 31, 2015:
Cash: $1,654
Accounts receivable: $6,875
Inventory: $9,020
Accounts payable: $4,500
Fixtures, fittings, and equipment: $7,780
Premises: $25,000
Capital: $39,616
Transportation out: $160
Discounts: $4,750
Wages and salaries: $1,180
Utilities (including water rates): $1,922
Rent revenue: $32,484
Loan: $185
Gross income: $8,793
Additional information:
Fixtures, fittings, and equipment are to be depreciated at 20% per annum, using the straight line method.
One employee has not yet been paid his wages of $900.
The Water Company has a credit of $160 for payment received in advance.
Mr. Davis rents part of his shop premises to a tenant, who owes $1,500 in rent for the month of March.
Interest is to be calculated on the Loan at the rate of 15% per annum.
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democratic leadership is characteristics by........
a. one-way communication
b. two-way communication
c. all of above
d. maximum centralization
Answers
Answer:
B. is a democratic leadership
Sam was employed by AYOO Limited on December 8, 2019. He was born on December 8, 1964 and will retire from the services of the company on December 8, 2024. This was carefully planned to give Sam a befitting birthday present. His basic monthly salaries are: • 2019: GH¢3,522.86; . 2020:GH¢4,200.02 ° 2021:GH¢4,600.15 °2022:GH¢5,000.64 °2023:GH¢5,344.56 °2024:GH¢6,122.52 Assumed that the discount rate applicable to koo in the company is 13%. using lev and schwartz economic model. what is the value of Sam
Answers
Using lev and schwartz economic model the value of Sam is 2,07,743
Year Salary Discount Rate Factor c= a*b
Present Value
2019-20 50000 0.885 44250
2020-21 55035 0.783 43092
2021-22 59854 0.693 41479
2022-23 64038 0.613 39255
2023-24 73052 0.543 39667
Total Value 207743
Working note:
Salary of 2019-20= 3522.86 ×24 days
30 days
4200.02×11 months
50000
Salary of 2020-21= 4200.02 × 24 days
30 days
= 55035
Salary of 2021-22= 4605.15/ 30days × 24 days
= 59854
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Explain link between creativity, innovation and entrepreneurship, and outline the steps for screening opportunities
Answers
Creativity, innovation, and entrepreneurship are interconnected and essential for driving economic growth. When screening opportunities, aspiring entrepreneurs should engage in creative idea generation, evaluate market potential, conduct thorough research,
Creativity refers to the generation of novel and valuable ideas, while innovation involves turning those ideas into practical solutions.
Entrepreneurship, on the other hand, is the process of identifying and pursuing opportunities, mobilizing resources, and taking risks to create and manage a successful venture. The link between these three concepts lies in their mutually reinforcing nature. Creativity fuels innovation by providing the initial spark for new ideas and perspectives.
Innovation, in turn, serves as a platform for entrepreneurial endeavors, as it creates opportunities for commercialization and market disruption. Entrepreneurship then takes these innovative ideas and transforms them into tangible products, services, or businesses that generate value and drive economic growth.
When screening opportunities, aspiring entrepreneurs can follow a systematic approach:
Idea Generation: Encourage and engage in creative thinking to generate a pool of potential opportunities.
Opportunity Evaluation: Assess the feasibility, market potential, and competitive landscape of each idea.
Market Research: Conduct thorough research to understand target customers, their needs, and existing solutions.
Resource Assessment: Evaluate the resources required to pursue the opportunity, including financial, human, and technological aspects.
Risk Analysis: Identify and evaluate potential risks and uncertainties associated with each opportunity.
Business Model Development: Formulate a clear and viable business model that outlines how the opportunity will be monetized.
Prototype and Testing: Develop prototypes or minimum viable products to gather feedback and validate the opportunity.
Financial Analysis: Conduct a comprehensive financial analysis to determine the potential profitability and sustainability of the opportunity.
Decision-making: Prioritize and select the most promising opportunities based on the evaluation and analysis.
Implementation and Execution: Develop an action plan and execute it effectively, leveraging creativity, innovation, and entrepreneurial skills.
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The Federal reserve is raising interest rates in order to combat inflation. They have warned that this will increase unemployment.
Using the AD-AS model, explain why raising interest rates will help combat inflation. (5 points)
Using the AD-AS model, explain why the increased interest rates will cause an increase in unemployment. (5 points)
Answers
When the Federal Reserve raises interest rates, it makes borrowing more expensive. This reduces the amount of money flowing into the economy, which can decrease aggregate demand.
As borrowing becomes more expensive, firms and households will spend less, which will decrease aggregate demand.
What is AD-AS model?Generally, The AD-AS model is a framework for understanding how changes in aggregate demand (AD) and aggregate supply (AS) interact to determine output and prices in an economy.
Why raising interest rates will help combat inflation:
When the Federal Reserve raises interest rates, it makes borrowing more expensive. This reduces the amount of money flowing into the economy, which can decrease aggregate demand.As aggregate demand decreases, firms will produce less, which will decrease the overall price level. This decrease in prices is the definition of disinflation, and it can help combat inflation.Why the increased interest rates will cause an increase in unemployment:
As aggregate demand decreases, firms will produce less, which will lead to a decrease in employment.The decrease in employment is the result of the decrease in aggregate demand, which is caused by the increase in interest rates.Read more about AD-AS model
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29. Economics is based on
a. abundance
b. scarcity
c. laborers
Answers
Let’s say Bob wants to offer an insurance package to his employees that will cover any outpatient surgery charges, tooth sealants, and glasses. His total annual cost for providing these insurance plans will be $
per employee for the year.
Let’s assume that Schmidt wants to cover his employees’ expenses in case of disability. He also wants to ensure that the family of an employee is provided for in the event of an employee’s loss of life. The total annual cost for providing these insurance plans will be $
per employee.
Answers
Answer: its 480$ per person
Explanation:
just got 100
Suppose that you receive a weekly income of $100, which you spend entirely on pizza and deluxe hamburgers. The price of a pizza is $10 and the price of a hamburger is $5. On a diagram, draw a line that shows your consumption possibilities. What is the opportunity cost of a hamburger? Would the opportunity cost of a hamburger change if the prices of pizza and hamburgers were cut in half? Calculate the opportunity cost of a pizza and a hamburger for each of the following changes:
Answers
The opportunity cost of a hamburger is -1/2 of a pizza, and it remains the same even if the prices of pizza and hamburgers are cut in half.
To draw the consumption possibilities line, we can use a simple graph with pizzas (x-axis) and deluxe hamburgers (y-axis) as the two goods. Let's assume that the horizontal axis represents the quantity of pizzas and the vertical axis represents the quantity of deluxe hamburgers.
Given that the price of a pizza is $10 and the price of a hamburger is $5, we can plot the consumption possibilities by dividing the weekly income of $100 by the respective prices. This gives us the following points:
With $100, you can buy 10 pizzas ($100 / $10 = 10) and 20 deluxe hamburgers ($100 / $5 = 20). Plot this point on the graph as (10, 20).
Now, let's consider the opportunity cost.
The opportunity cost is the value of the next best alternative that is forgone when a choice is made. In this case, it represents the number of pizzas you have to give up to obtain an additional hamburger, or vice versa.
The opportunity cost of a hamburger can be calculated by finding the slope of the consumption possibilities line. The slope represents the rate at which one good is traded for the other. In this case, the slope is -10/20, which simplifies to -1/2. This means that for each additional hamburger, you have to give up 1/2 of a pizza.
If the prices of pizza and hamburgers were cut in half, the new prices would be $5 for a pizza and $2.50 for a hamburger. This change in prices would not affect the consumption possibilities line.
The line would remain the same, indicating the combinations of pizzas and hamburgers that can be purchased with the given income. However, the specific points on the line would change.
The opportunity cost of a hamburger would still be -1/2 of a pizza, as the ratio between the prices and the opportunity cost remain the same.
In summary:
Opportunity cost of a hamburger: -1/2 of a pizza
Opportunity cost of a pizza: 2 hamburgers (since the reciprocal of -1/2 is -2/1, meaning you would have to give up 2 hamburgers to obtain an additional pizza)
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Rebecca Bennett is an 8-year-old who was recently diagnosed with diabetes mellitus. She is hospitalized with diabetic ketoacidosis, and she is beginning to learn about the disease process. Her parents are with her continually. She has an identical twin sister who is staying with her maternal grandparents.
Mrs. Bennett is concerned that Rebecca’s sister will also develop diabetes. Based on the preceding information, an acceptable response for the nurse to make would be to:________.
a. reassure the parents that the disease is not contagious.
b. discuss the hereditary and viral factors of type 1 diabetes.
c. discuss the hereditary factors of type 1 diabetes.
d. discuss the viral factors of type 1 diabetes.
Answers
Answer:
C
Explanation:
On March 1, of the current year Ysa Pasco established a business under the name Ysa Employment Agency. Transactions completed during the month were as follows:
March 01 Opened a business bank account with a cash deposit of P500,000
March 02 Invested land and building worth P100,000 and P400, 000 respectively
March 5 Purchased equipment wort P12, 000 paying cash of P5,000 and the balance on account
March 07 Purchased supplies for cash, P2, 500
March 15 Commision collected 6,500
March 18 Paid creditor on account, P3, 000
March 20 Paid Property taxes, P5, 000
March 22 Withdrew cash from the business account for personal use, P3, 000
March 30 Commision not yet collected, P4, 500
March 31 Supplies inventory count showed unuse supplies of P2, 000. Cash paid for salary, P 4, 200 and utility 3, 500. Depreciation: Building, 4, 000 and equipment, P240.
Answers
March 1: A P500,000 cash deposit was made to open a company bank account. Invested P100,000 and P400,000 on a structure and land, respectively, on March 2.
How does it change the accounting equation?Losses will reduce capital while profits are reinvested in the company. The dual element of accounting for income and expenses will result in equal additions or decreases to assets or liabilities, therefore the accounting equation will always be in balance.
Which of the following does not represent the accounting equation in its proper form?Assets = Liabilities - Owners' Equity is the right response. Liabilities should equal assets plus owner equity, not assets less obligations. Different equations are accurate.
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Barbara Bright is the purchasing agent for West
Valve Company. West Valve sells industrial valves
and fluid control devices. One of the most popular
valves is the Western, which has an annual demand
of 4,000 units. The cost of each valve is $90, and the
inventory carrying cost is estimated to be 10% of
the cost of each valve. Barbara has made a study of
the costs involved in placing an order for any of the
valves that West Valve stocks, and she has concluded
that the average ordering cost is $25 per order.
Furthermore, it takes about two weeks for an
order to arrive from the supplier, and during this
time the demand per week for West valves is approximately
80.
(a) What is the EOQ?
(b) What is the ROP?
(c) What is the average inventory? What is the
annual holding cost?
(d) How many orders per year would be placed?
What is the annual ordering cost?
Answers
a. The EOQ of Barbara Bright is 149.07.
b. The ROP is 160.
c. The average inventory is 74.54 and the annual holding cost is 670.82.
d. The orders per year that would be placed is 26.83 and the annual ordering cost is 670.82.
How to illustrate the information?An inventory management strategy called economic order quantity aids in the formulation of effective inventory management choices. It speaks of the ideal quantity of stock that a business should buy to meet demand while lowering holding and storage costs.
Economic Order Quantity = √(2SD/H)
EOQ= (2*4'000*25/(0.1*90))
= 149.07
(b) An exact level at which your stock needs to be restocked is known as a reorder point (ROP). To put it another way, it advises you when to order so that you won't run out of supply.
ROP = 80*2
= 160
(c) Calculating average inventory involves averaging inventory items over two or more accounting periods. Add the inventory counts at the end of each month, then divide the total by the number of months to determine the average inventory throughout a year.
AI= EOQ/2=
149.07/2
=74.54
AHC=C*h*EOQ/2
=90*0.1*149.07/2
=670.82
(d) The annual quantity calculates the number of orders demanded divided by the volume per order. Where, D = Annual quantity demanded. Q = Volume per order.
N=D/EOQ
=4'000/149.07
=26.83
Annual ordering Quantity = N*O
=26.83*25
=670.82
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