4. Analyze the overall financial situation from a cross-sectional viewpoint. Compare each company’s ratios with the industry average. What are the strengths and weaknesses of each company? Which company is best to invest in and why? (3 marks)

4. Analyze The Overall Financial Situation From A Cross-sectional Viewpoint. Compare Each Companys Ratios

Answers

Answer 1
02928474728181938473

Related Questions

You are planning to put $3,500 in the bank at the end of each year for the next four years in hopes that you will have enough money for a down payment on a condo. If you are investing at an annual interest rate of 5%, you'll have accumulated ___________ at the end of four years.

You decided to deposit your money in the bank at the beginning of the year instead of the end of the same year, but now you are making payments of $2,500 at an annual interest rate of 6%. How much money will you have available at the end of seven years?

Answers

Answer:

Results are below.

Explanation:

Giving the following information:

Annual deposit (A)= $3,500

Number of periods (n)= 4 years

Interest rate (i)= 5%

To calculate the future value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {3,500*[(1.05^4) - 1]} / 0.05

FV= $15,085.44

Now, the deposit is at the beginning:

Annual deposit (A)= $2,500

Number of periods (n)= 7 years

Interest rate (i)= 6%

FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}

FV= {2,500*[(1.06^7) - 1]} / 0.06 + {[2,500*(1.06)^7] - 2,500}

FV= 20,984.59 + 1,259.08

FV= $22,243.67

Compare the capital gains from investing in the three stocks with the interest income on a one-year CD. Which would have been a more profitable investment—the stocks or a one-year CD? Explain your reason.

Answers

Based on the calculation, the stocks are more profitable investment than a one-year CD.

To determine which investment would be more profitable  -stocks or a one-year CD - it is important to compare the capital gains from investing in the three stocks with the interest income on a one-year CD. Below are the steps to help you answer the question:

Step 1: Calculate the capital gains for each stockAssuming each stock had a value of $100 at the beginning of the year:Stock A: The stock increased by $10, so the capital gain is $10.Stock B: The stock decreased by $5, so the capital gain is -$5.Stock C: The stock increased by $20, so the capital gain is $20.

Step 2: Calculate the interest income for a one-year CDAssuming a one-year CD with an interest rate of 2% and a principal of $100:Interest Income = Principal x Interest Rate= $100 x 0.02= $2

Step 3: Compare the capital gains with the interest incomeThe total capital gain for the three stocks is $10 - $5 + $20 = $25. On the other hand, the interest income for a one-year CD is only $2.

Investing in the three stocks would have been a more profitable investment than a one-year CD. This is because the capital stocks is significantly higher than the interest income from the CD.

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Using the following information: The bank statement balance is $5,086. The cash account balance is $5,263. Outstanding checks amounted to $894. Deposits in transit are $1,007. The bank service charge is $55. A check for $51 for supplies was recorded as $42 in the ledger. Prepare a bank reconciliation for Candace Co. for May 31.

Answers

Answer:

Bank statement Balance = $5086

Cash Account Balance = $5263

Outstanding Checks. = $894

Deposit In Transit. = $1007

Bank Service Charge. = $55

A Check. = $51

Check For Supplies. = $42

Adjusted Cash Balance. = $12398

What are the common barriers to communication?

Answers

(The answer is )(you’re welcome)
What are the common barriers to communication?

The office manager of ABC company has the authority to the whole financial operations. He authorizes activities, controls the company’s expenses, records the company’s transactions, and rarely takes vacation.
The owners of the company are happy with his work since the company is making a profit. You are giving the opportunity to educate the owners about the risk of not implementing internal control. What would be your advice?

Answers

Let understand that Internal controls refers to the conventional rules and procedures implemented in a firm to ensure the integrity of financial and accounting information,

Examples of Internal control includes process of reconciliations, approval of processes, reviews, verification processes etc

The purpose of Internal control is to ensure that integrity takes place in the business practice.

Therefore, i will advice the owner of the company to implement the internal controls so that works of the manager and his surbodinate will be checked among themselves.

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Which of the following situations should cause us to appropriately use a t distribution, instead of a zdistribution, to conduct a hypothesis test comparing two means?When we have an extremely large sample size (e.g., greater than 100,000).When we do not know the sample size.When we do not know the population standard deviation.When we have a negatively skewed distribution in the population.None of the options above correctly answer the question.

Answers

A t-distribution rather than a z-distribution is appropriate for doing a hypothesis test comparing two means "when we do not know the population standard deviation." Option 3 is therefore the best choice.

We use the sample standard deviation to determine the population standard deviation when we are unsure of it. The t-distribution uses a broader distribution of values than the z-distribution in order to take into account the greater uncertainty in our test statistic. The t-distribution approaches the z-distribution when the sample size is high enough, which enables us to do a z-test. (Typically when the sample size exceeds 30).

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38. A log book used to record information about visitors who call in an organization is called A. Complimentary card B. Telephone directory C. Telephone pad D. Visitor's register E. Visitor's request form​

Answers

A logbook used to record information about visitors who call in an organization is called an Option D. Visitor's Register.

A visitor's register is an essential tool for maintaining security and professionalism in a workplace. It helps in keeping track of the people entering and leaving the premises, which aids in monitoring the flow of visitors and ensuring their proper identification.

A visitor's register typically includes columns for the visitor's name, contact details, purpose of visit, time in, time out, and the name of the person they are meeting. This information is valuable in case any follow-up is required or for emergency situations where it's crucial to know who is on the premises.

In contrast, a complimentary card (A) is a business card exchanged during formal introductions. A telephone directory (B) is a listing of telephone numbers organized by name or business. A telephone pad (C) is a notepad used for taking messages or notes during phone calls, and a visitor's request form (E) may be a document required to be filled out by visitors for specific purposes or access.

In summary, a visitor's register (D) is the correct term for a log book used to record information about visitors who call an organization. It helps maintain security, monitor visitor flow, and ensure proper identification of guests. Therefore, the correct option is D.

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What expectation for ethical behavior and procedures that should be followed?

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Ethical behavior and procedures are essential in maintaining integrity and trust in any organization. The expectations for ethical behavior and procedures may vary depending on the specific industry, organization, and jurisdiction.

However, there are some common principles and guidelines that can be followed. Here are a few key expectations:

Compliance with Laws and Regulations: Employees and stakeholders should comply with all applicable laws, regulations, and industry standards. This includes legal and regulatory requirements related to financial reporting, taxation, data protection, workplace safety, and environmental protection.

Honesty and Integrity: Individuals should act with honesty, integrity, and transparency in all their professional interactions. This involves avoiding conflicts of interest, providing accurate and truthful information, and not engaging in fraudulent or deceptive practices.

Confidentiality and Data Protection: Employees should respect the confidentiality of sensitive information, including customer data, trade secrets, and proprietary information. They should follow appropriate procedures to protect data privacy and ensure compliance with data protection laws.

Fair Treatment and Respect: All individuals should be treated fairly and with respect, regardless of their background, race, gender, religion, or other characteristics. Discrimination, harassment, or any form of unfair treatment should not be tolerated.

Ethical Decision-Making: Individuals should make decisions based on ethical considerations, considering the impact on stakeholders and society as a whole. This involves avoiding conflicts of interest, exercising professional judgment, and seeking guidance when faced with ethical dilemmas.

Accountability and Responsibility: Employees should take responsibility for their actions, acknowledge mistakes, and be accountable for the consequences of their decisions. This includes reporting unethical behavior, complying with internal control procedures, and cooperating with internal and external audits.

Social and Environmental Responsibility: Organizations and individuals should consider the broader impact of their actions on society and the environment. This may involve promoting sustainability, minimizing waste and pollution, and supporting social initiatives.

These expectations for ethical behavior and procedures should be communicated clearly to all employees through codes of conduct, ethics training programs, and regular communication from management. It is important to foster a culture of ethics and integrity, where individuals are empowered to raise concerns, report violations, and seek guidance without fear of retaliation.

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Based on 2 images which i have attached below answer the question plss

Based on 2 images which i have attached below answer the question plss
Based on 2 images which i have attached below answer the question plss

Answers

The journal entry to record the purchase of equipment on January 1 is :

Date           Account Title                                    Debit               Credit

Jan. 1          Equipment                                        $ 1, 280

                   Cash                                                                          $ 1, 280

How to record equipment purchase ?

Upon purchase of the equipment, an increase in assets is made through debiting the Equipment account with its total cost. A decrease in assets is then represented upon crediting the Cash/Bank account for the same amount which was used to cover the cost (i.e., cash or bank balance).

This means that we will debit Equipment for the amount of $ 1, 280 which was the cost of the equipment, then we credit the cash account for the same amount to show it has reduced.

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Alex is a member of Government Accounting Standard Body (GASB). This accounting body is not a government entity. GASB has been formed in agreement with which accounting federation?

Answers

Answer:

The creation of the Government Accounting Standard Body (GASB) involved many institutions. It was not just an agreement between accounting federations. The institutions that agreed the creation and standards of GASB are:

Financial Accounting FoundationAmerican Institute of Certified Public AccountantsGovernment Finance Officers Association National Association of State Auditors, Comptrollers and Treasurers seven organizations representing state and local government officials.

Answer: FINANCIAL ACCOUNTING FOUNDATION (FAF)

Explanation:

How do Jamie Lee’s expenses compare to her new reduced income?

A. Expenses are $635 greater than income
B. Expenses are $985 greater than income
C. Expenses are $830 greater than income
D. Expenses are $1,180 greater than income

How do Jamie Lees expenses compare to her new reduced income?A. Expenses are $635 greater than income

Answers

Answer:

It's A I'm not exactly sure if that's correct though

1. I Co. recently began production of a new product, an electric clock, which required the investment of
$3,200,000 in assets. The costs of producing and selling 160,000 units of the clocks are estimated as
follows:
Variable costs:
Per unit
Direct labor
$
10
Direct materials
6
Factory overhead
$
4
Administrative and selling
$
5
EA
Fixed costs:
Manufacturing
Administrative and selling
$ 1,600,000
800,000
I Co. is considering establishing a price to sell it's electrical clock to the market. The CEO has
decided to use a cost plus approach to product pricing and that the clock must eam 10 percent on
it's invested assets.
Instructions: NOTE: SHOW ALL WORK
1. Determine the amount of desired profit from the production and sale of the
electric clock.
2. Assuming that the product cost concept is used, determine (a) total variable
cost per unit, the total fixed cost per unit, and the selling price per unit.​

Answers

Answer:

I Co.

1. Desired profit = 10% of invested assets

= $3,200,000 x 10%

= $320,000

2a. Total Variable cost per unit

Variable costs Per unit :

Direct labor                                 $ 10

Direct materials                              6

Factory overhead                         $ 4

Variable Product Cost  ($20)

Administrative and selling           $ 5

Total Variable cost per unit     $25

b. Total fixed cost per unit

Total fixed cost per unit = $2,400,000/160,000 = $15

c. The selling price per unit

Sales / quantity = $7,520,000/160,000 = $47

Explanation:

Data:

Variable costs Per unit :

Direct labor                         $ 10

Direct materials                      6

Factory overhead                $ 4

Variable Product Cost      $20

Administrative and selling  $ 5

Total Variable cost per unit      $25

EA

Fixed costs:

Manufacturing                       $ 1,600,000

Administrative and selling          800,000

Total fixed costs                   $2,400,000

b) Cost-plus approach to product pricing:  This approach requires the addition of the direct materials, direct labor, and overhead costs

c) Required profit = 10% of invested assets

= $3,200,000 x 10%

= $320,000

d) Product cost:

Variable cost = $20 x 160,000 = $3,200,000

Fixed manufacturing costs          $1,600,000

Total production cost                  $4,800,000

Product cost per unit $4,800,000/160,000 = $30

e) Income Statement to determine Sales Revenue

Sales                           $7,520,000

Cost of goods sold

      ($30 x 160,000)     4,800,000

Gross profit                $2,720,000

Fixed Costs:

Manufacturing            $ 1,600,000

Administrative & selling  800,000

Profit                             $320,000

What is one cost of avoiding insurance?

Answers

Answer: One of the costs of not having insurance is the cost of repairing. Another cost is paying insurance premiums. Losses caused by a lack of insurance are the price of not having insurance.

Answer:

falling into debt if faced with a serious problem

Explanation:

Supply and demand is:
A. an advertising principle that the value of a product is directly
proportional to how many public figures and celebrities use it.
B. an advertising method supporting the idea that if you show several
products being used in an ad, more people will want to buy them.
C. an economic idea that the value of something is determined
how much of it exists in relation to how much consumers want it.
D. an economic principle supporting the idea that the quicker
something is made, the sooner it can be sold on the open market.

Answers

Answer:

C.

Explanation:

Consumers wanting it is the demand.

So if fewer want it, it might be made less.

if more want it, it might be made more often.

If it's in high demand, it might also cost more to get, as more people want it.

Adirondack Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead. Overhead Total Direct Labor Hours DLH per Product A B Painting Dept. $251,700 10,200 9 5 Finishing Dept. 61,700 11,900 5 6 Totals $313,400 22,100 14 11 Using a single plantwide rate, the factory overhead allocated per unit of Product A in the Painting Department is a.$127.62 per unit b.$14.18 per unit c.$616.91 per unit d.$222.09 per unit

Answers

Adirondack Marketing Inc.'s Factory Overhead per unit of Product A is d. $222.09 per unit.

Data and Calculations:

Overhead             Total       Direct Labor Hours  DLH per Product

                                                                              A                 B

Painting Dept.      $251,700     10,200                 9                 5

Finishing Dept.         61,700      11,900                 5                 6

Totals                   $313,400     22,100                14                 11

The overhead rate for a unit of Product A in the Painting Department = Total overhead in the Painting Department divided by Direct Labor Hours, multiplied by direct labor hours per unit of Product A.

= $222.09 ($251,700/10,200 x 9)

Thus, for a unit of Product A, the overhead rate in the Painting Department is $222.09.

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Lamden Company paid its employee Trudy, wages of $61,500 in 2021. Of this amount, $2,400 was allocated to sick pay for two weeks due to Trudy’s spouse contracting COVID-19 and Trudy being quarantined. Trudy spent another 10 weeks at home caring for their children that were unable to attend school. Lamden allocated $10,000 in wages to family leave. Lamden allocated $6,000 of Trudy’s wages to the employee retention credit (5 weeks). The allocation of health care costs is $200 per week. Assume that all sick leave and family leave were taken after April 1, 2021. Compute Lamden’s:

Round your answers to two decimal places.

Credit for sick pay

Answers

The credit for sick pay according to the information given above is: approximately $2,365.39

What is Credit for Sick Pay?

According to IRS standards, the COVID sick leave provision requires employers to pay sick leave earnings for up to two weeks (or 80 hours) at the highest of the following rates:

Regular rate of pay of the employee Minimum wages as defined by the Labor Standards Act of 1938 Minimum wage rate in force for the employee in the appropriate state

Subject to a daily maximum of $511 and a total of $5,110.

Given that the employer must pay $511 per day or $5,110 in total

We can use Trudy's wage to compute the Sick Pay.

Recall that Trudy's wages = $61,500

Number of weeks rudy sick = 2 weeks

Hence Sick pay = $61,500 / 52 x 2 weeks

= 2,365.3846

\(\approx\) $2,365.39

Hence, Rudy's Credit for Sick Pay is : $2,365.39

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During the assessment phase of networking, it’s best to be specific about your business _______.

Doing some research on the key players will help you make the most of business _______ or _______.

Chatting with other people at parties or meetings is a great way to make _______.

When out networking people in _______ naturally gravitate to others.

Based on what you've read, respond to the following.

List two of the qualities that help form a strong foundation for business relationships.

What are two important stages in making business connections?

Answers

1. During the assessment phase of networking, it is best to be specific about your business objectives.

2. Doing some research on the key players will help you make the most of business contacts or opportunities.

3. Chatting with other people at parties or meetings is a great way to make connections.

4. When out networking, people naturally gravitate to others.

Business relationships are an essential aspect of all types of business enterprises, whether large or small. Developing good relationships is vital to the success of any business. Two qualities that help form a strong foundation for business relationships are trust and reliability. These two qualities help establish a sense of honesty, transparency, and consistency in business practices.

Trust and reliability are vital components of business relationships because it creates a safe and comfortable environment for business partners to communicate freely, share ideas, and brainstorm on how to grow the business together. In addition, it provides an avenue for open discussions and sharing of constructive feedback that will help businesses identify areas of improvement.

The two most important stages in making business connections are networking and relationship building. Networking is a critical stage in business development because it enables businesses to build a vast array of contacts that they can leverage to grow their business. Relationship building, on the other hand, focuses on building trust and nurturing relationships with clients, partners, and other stakeholders.

This stage requires a long-term commitment and entails consistent communication and transparency to establish a sense of mutual trust and respect. To conclude, strong business relationships are essential to the success of any business. Building such relationships takes time and effort. Trust and reliability are crucial elements that can help establish a strong foundation for business relationships. Networking and relationship building are two vital stages in making business connections, and they require commitment, time, and effort.

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Outline the initiative that Woolworths , use to lessen their impact on environment

Answers

Woolworths understands that it can have a positive impact on the retail supply chain to make it more sustainable and reduce its carbon footprint. Woolworths' Sustainability Strategy 2007-2015 established a number of targets and commitments for the company to improve its sustainability and reduce its environmental impact by 2015.

Woolworths has launched a number of initiatives and joined a number of programs that promote and aim to have a low environmental impact. Woolworths retail businesses have signed the Kyoto Protocol, an international agreement established by the Framework Convention on Climate Change. The can be defined as an organization that is seen to be using various techniques to reduce their impact on the environment. This initiative helps to make the world a greener place by reducing emissions that are harmful to people's and animals' health. Woolworths uses the following initiatives to reduce its environmental impact: growing greener by lowering emissions, reducing plastic, and sourcing responsibly.

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On January 1, 2019, Cullumber Company had $1,000,000 of common stock outstanding that was issued at par. It also had retained earnings of $740,000. The company issued 35,000 shares of common stock at par on July 1 and earned net income of $390,000 for the year.

Required:
Journalize the declaration of a 14% stock dividend on December 10, 2020, for the following independent assumptions.
a. Par value is $10, and market price is $18.
b. Par value is $5, and market price is $20.

Answers

Answer:

a. Par value is $10, and market price is $19. b. Par value is $5, and market price is $20.

Explanation:

Leisure Lodge Corporation is expected to pay the following dividends over the next four years: $20.00, $ 15.00, $5.40 and $ 2.60 Afterwards, the company pledges to maintain a constant 6 percent growth rate in dividends foreverIf the required return the stock 17 percent, what is the current share price?

Answers

The current share price of the stock given its dividends is $46.18.

What is the current share price?

In order to determine the current share price, the first step is to determine the present value of the dividends.

Present value of the dividend in year 1 = 20 / 1.17 = $17.09

Present value of the dividend in year 2 = 15 / 1.17² = $10.96

Present value of the dividend in year 3 = 5.40 / 1.17³ = $3.37

Present value of the dividend in year 4 = 2.60 / 1.17^4 = $1.39

The next step is to determine the value of dividend growing at a constant rate =

Value of the dividend growing at a constant rate = [dividend in year 4 x (1 + growth rate)] / (required return - growth rate)

[2.60 x (1 + 0.06)] / (0.17 - 0.06)

= (2.60 x 1.06) / 0.11

= $25.05

Determine the present value = 25.05 / 1.17^4 = $13.37

The sum of the present values is the current share price = $17.09 + $10.96 + $3.37 + $1.39 + $13.37 = $46.18

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From Khoo: The degree of spasticity in patients with neuromuscular disorders can be quantified with the use of the "pendulum test." In this clinical procedure, the subject sits relaxed on a table with his lower leg initially supported by the medical examiner so that the knee joint is fully extended. The examiner abruptly releases the lower leg so that it swings freely until it finally comes to rest in the vertical position. The trajectory of the swing, as measured by the change in angle of knee flexion can reveal information about the neuromuscular stretch reflex. Modify the SIMULINK program "nmreflex.mdl" so that it can be used to simulate this test. Note that the major difference between the pendulum test and the procedure described in Section 4.6 is that, here, the externally applied moment does not remain constant but varies according to the angular displacement of the lower leg, since it is a function of the weight of the lower leg and the moment arm between the center-of- gravity of the lower leg and the knee joint. Assume the same parameter values used in "nmreflex.m", except for the following: moment of inertia of the lower leg about the knee joint = 0.25 kg mạ; length of lower leg = 40cm, weight of lower leg = 5 kg. Determine how the trajectory of the lower leg would change with different values of stretch reflex gain B. = We will break this into 2 parts. A) The first is like described above, but the person is asked to keep their leg extended horizontally. Specifically, we need to replace a step input in torque of Mx = 5 N, with a torque value that depends on the mgL following: Mx = (1 – sin[0]), where L = 40 cm, m = 5 kg, J = 0.25 kg m², g = 9.81 m/s2. Extend the simulation time to 5 seconds. Plot the response for values of ß = 50, 100, 150. What is the final steady state angle achieved for each case of B? 2 B) The second is like described above, with the person told to let their leg fall to vertical. Modify the Simulink file to do this. Plot the response. What is the final steady state angle achieved in this case?

Answers

The modifications needed to the "nmreflex.mdl" SIMULINK program to simulate the pendulum test for spasticity.The final steady state angle achieved for each case of B will be different

What modifications are needed to simulate the pendulum test?

To simulate the pendulum test for spasticity in patients, we need to modify the SIMULINK program "nmreflex.mdl". The program needs to be adjusted to account for the variable external moment applied to the lower leg during the swing, which is a function of the weight and length of the lower leg and its moment of inertia.

We also need to assume parameter values for the length and weight of the lower leg and its moment of inertia about the knee joint.

To begin, we need to replace the step input in torque of Mx = 5 N with a torque value that depends on the weight of the lower leg and its moment of inertia. Specifically, we can use the equation Mx = (1 – sin[0]) where L = 40 cm, m = 5 kg, J = 0.25 kg m², and g = 9.81 m/s².

We can extend the simulation time to 5 seconds and plot the response for values of the stretch reflex gain B = 50, 100, and 150. By doing so, we can determine the final steady state angle achieved for each case of B.

In part A of the simulation, the person is asked to keep their leg extended horizontally. The trajectory of the lower leg will change with different values of stretch reflex gain B.

The final steady state angle achieved for each case of B will be different. By plotting the response, we can see how the trajectory of the lower leg changes over time and how it reaches a final steady state angle.

In part B of the simulation, the person is told to let their leg fall to vertical. We need to modify the SIMULINK file to account for this change. By doing so, we can plot the response and determine the final steady state angle achieved in this case.

Overall, by modifying the SIMULINK program "nmreflex.mdl" and simulating the pendulum test, we can quantify the degree of spasticity in patients with neuromuscular disorders and gain valuable insights into their neuromuscular stretch reflex.

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Cloud computing allows:

people to see information in cloud format.

people to access information and applications from a web browser.

computers to have cloud circuits.

information and applications to be on the computer that people use.

Answers

Cloud computing enables information and applications to be stored and accessed remotely, providing users with increased accessibility, scalability, cost-effectiveness, reliability, and security.

Cloud computing allows information and applications to be stored and accessed over the internet instead of being stored on a local computer. This enables users to access their files and applications from any device with an internet connection.
Here are the key benefits of cloud computing:
1. Accessibility: With cloud computing, information and applications are not tied to a specific computer. Users can access their files and applications from anywhere, using any device, such as a laptop, smartphone, or tablet. This provides flexibility and convenience, allowing users to work remotely or collaborate with others easily.
2. Scalability: Cloud computing offers scalability, meaning that resources can be easily scaled up or down based on demand. Organizations can quickly increase or decrease their storage or computing power, avoiding the need to invest in additional hardware or infrastructure.
3. Cost-effectiveness: Cloud computing can be cost-effective for organizations. Rather than purchasing and maintaining expensive hardware, software, and infrastructure, organizations can use cloud-based services on a pay-as-you-go basis. This allows them to only pay for the resources they actually use, reducing upfront costs and ongoing maintenance expenses.
4. Reliability and security: Cloud service providers typically have robust security measures and backup systems in place, ensuring the safety and availability of data. This can provide better protection against data loss or system failures compared to relying solely on local storage.
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6) Discuss the following statement: "Good research is deductive in nature."

Answers

No it is not good in nature!!!!!

A good research is seen as deductive in nature because it:

explain causal relationships between concepts and variablesmeasures concepts quantitativelygeneralize research findings to a certain extent.

What is a research?

This refers to a careful and organized study as well as gathering of information about a specific topic.

When a research works explain causal relationships between concepts and variables, measures concepts quantitatively and generalize research findings to a certain extent, then, it is seen as a good research.

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LEONE COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Finished goods inventory, beginning Cost of goods manufactured Goods available for sale Less: Finished goods inventory, ending Cost of goods sold Gross profit General and administrative expenses Selling expenses Net income $ 84,000 84,000 92.000 $ 3,251,000 $ (8,000) 3,259,000 127.000 603,000 2,529,000


How do you find the cost of goods manufactured?​

Answers

The cost of goods manufactured (COGM) is the cost of all the products that a company has manufactured during a period.

How to calculate

It is calculated by adding the beginning finished goods inventory to the total manufacturing costs, and then subtracting the ending finished goods inventory.

In the income statement you provided, the cost of goods manufactured is calculated as follows:

COGM = $92,000 + $3,251,000 - $127,000 = $3,224,000

Therefore, the cost of goods manufactured for Leone Company is $3,224,000.

Here is the formula for calculating COGM:

COGM = Beginning finished goods inventory + Total manufacturing costs - Ending finished goods inventory

The total manufacturing costs include direct materials, direct labor, and manufacturing overhead.

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1. As an entrepreneur, you need to be ethical as an individual as well as in your business behavior, since you will face both ethical decisions and ethical dilemmas while running your business. Describe either an ethical decision or dilemma you might encounter in a business that creates apps for cell phones. Explain your strategy for handling the decision or dilemma using the steps defined in the unit.
2. Ethical situations often arise within businesses. When they do, they typically fit within one of the following categories: bribes, conflicts of interest, conflicts of loyalty, or issues of honesty and integrity. Choose one of the ethical situations categories that require appropriate action. Define the category and provide an example. What makes it a challenge? How would you handle such a challenge?
3. Consumerism is a movement dedicated to protecting the rights of consumers in their interactions with businesses. How important is this movement to you as a consumer? How about as a business owner? Why? Explain your response to each question.
4. Imagine you work in a call center for a big bank. You understand that your employer has the duty to respect your privacy as an employee, but that duty may be impacted by company policies. How would you feel if you found out your employer was listening to your phone calls with customers and monitoring your social media accounts? Would your employer be following ethical practices or violating your privacy? Why or why not? Explain.
5. Suppose you are an entrepreneur with two partners. Upon reviewing inventory lists and sales transactions, you noticed discrepancies between what was recorded in inventory and the current stock, compared to what was sold during the previous month. An informant then reported that one of your partners has been stealing inventory and bragging about it to friends. What is your ethical responsibility as a business owner? What is your ethical responsibility to your other partner? How about to your company's shareholders? Discuss and explain.

THERE ARE FIVE SHORT ANSWER QUESTIONS THANK YOU

Answers

Conflicts of interest occur when an individual or organization is involved in multiple interests or relationships, and fulfilling one interest or relationship may compromise their ability to fulfill another.

Conflicts of interest can arise when an employee's personal interests or relationships conflict with the interests of the company, or when the company has competing interests.

In this scenario, the advisor's personal interest in earning a higher commission conflicts with their responsibility to act in the best interest of the client.

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is a full-time collage student unemployed?​

Answers

Answer:

if they don't have a job then yes they are unemployed

Explanation:

for them to be employed they world have to work somewhere not be a collage student

PLS HURRY I AM ON A TIMER! what types of people can you learn from on Twitter?
A.Only professors
B.Only industry experts
C.Only fellow students
D.Anyone interested in the topic

Answers

D anyone interested in the topic

Answer:

D.Anyone interested in the topic

Explanation: hope this helps

Which of these describes what can happen with an adjustable-rate mortgage?
A. The annual fees decrease each year as the loan gets closer to being paid off.
B. The percentage paid on property goes up or down from year to year.
C. The amount of principal owed on the mortgage changes as the housing market changes.
D. The monthly mortgage payments go up or down from year to year.​

Answers

Answer:

The monthly mortgage payments go up or down from year to year.​

Explanation:

In the adjustable-rate mortgage, monthly mortgage payments go up or down from year to year.​

What is mortgage?

A mortgage is often known as a mortgage loan. It is a contract between the borrower and a mortgage lender that permits the borrower to buy or refinance a home without having to pay the entire amount upfront.

Monthly mortgage payments on an adjustable-rate mortgage fluctuate from year to year according to the payment of installments of the mortgage.

Therefore, option D is correct.

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which of the following is not a sign to clear a table?

A. Napkins are put back on table.
B. Cutlery is placed in a vertical position on top of plate
C. Cutlery is placed in a perpendicular position on top of plate
D All of the above

Answers

Answer:

is placed in a vertical position on top of plate

C. Cutlery is placed in a perpendicular position on top of plate

D All of the above

which of the following is not a sign to clear a table?A. Napkins are put back on table.B. Cutlery is
which of the following is not a sign to clear a table?A. Napkins are put back on table.B. Cutlery is

Stock prices follow a random walk with a trend because:__________

a. stock prices gradually rise over time.
b. stock prices are based on expectations about future profits only and gradually rise over time.
c. stock prices are based on future profits only and gradually rise over time.
d. stock prices are based on both future profits and expectations about future profits and gradually rise over time.

Answers

Answer:

Stock prices follow a random walk with a trend because:__________

d. stock prices are based on both future profits and expectations about future profits and gradually rise over time.

Explanation:

The random walk theory of the stock price movement states that there is no observable pattern or trend to the movement of a stock price.  It is, therefore, impossible to use the past movement or trend of a stock price to predict its future movement.  This means that the wise investor should invest in the market portfolio to reflect more closely the movement of stock prices in the market instead of investing in a single stock or market security.

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