The amount of warranty expense on Angel's 2024 income statement is $10.32 million.
Angel Corporation introduced a two-year warranty on its products, with an expected cost of 8% of net sales. In 2024, the net sales made under warranty were $184 million.
To calculate the expected warranty expense for 2024, you can multiply the net sales by the 8% warranty cost:
$184 million * 0.08 = $14.72 million
This represents the estimated warranty expense for the year. However, 15% of the units sold were returned in 2024, with a repair or replacement cost of $4.40 million.
The actual warranty expense for 2024 should be adjusted to account for this cost:
Expected warranty expense - Actual warranty expense = Difference
$14.72 million - $4.40 million = $10.32 million
This figure represents the difference between the expected warranty expense, based on the 8% of net sales, and the actual warranty expense incurred due to the 15% of units returned and repaired or replaced at a cost of $4.40 million.
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coffee to
growing more
16)
16]
2 TGH are a public limited company which makes sports shoes (trainers). It makes
a variety of designs for the mass market. The mass market is for young people
who want fashionable sports shoes as well as those who play sport. The Directors
segment of customers who have a medical problem with their feet and need
recently decided to target a niche market which is for a particular market
b) Identify two examples of the different markets for TGH products.
c) Identify and explain two reasons why TGH sell to a niche market.
d) Identify and explain two advantages to TGH of segmenting the market
e) Do you think the Directors of TGH were right to target a niche market
or should they have stayed with just a mass market? Justify your answer.
specially designed shoes,
a) What is meant by a 'niche market'?
for sports shoes.
Revision checklist
In this chapter you have learned:
the role of marketing-identifying and satisfying customer needs as well as
Answer:
Is this reading then answering questions or....
Explanation:
I dont get the question sry but I'll try to help
In order to satisfy the needs and wants that people have, businesses must combine factors of production. The factors of
production are: Capital, Enterprise, Land, Labour.
Case Study:Freshz Coffee
Freshz Coffee has just opened in Dubai. FreshZ will need factors of production.
Give examples of the factors of production it will need and how they will be used.
Answer:
by utilizing the goods by their proper uses
The relationship between increasing prices and decreasing money value is called
Answer:
Inflation occurs when prices rise across the economy, decreasing the purchasing power of your money.
Explanation:
Can I please get on the brainlist
deals with the challenges that a company
faces in the ever-changing business
environment
Answer:
Strategy.
Explanation:
Strategy can be defined as a coordinated deployment of a firm’s resources to achieve competitive advantage in the industry where it operates. Basically, it is a long-term plan of action that is focused on using a firm's available resources to achieve set objectives and goals such as includes dominating the market, expanding the business, meeting customer's demands etc.
Generally, the top executive management is saddled with the responsibility of ensuring that their business strategy is in tandem with the aim, objectives, vision and mission statement. A good business strategy is a continuous process that should function as a roadmap or guide to achieve competitive advantage, sustained profitability, growth and development of an organization.
Hence, strategy deals with the challenges that a company faces in the ever-changing business environment.
Additionally, the strategy formulated by an organization can be classified into the following categories; growth strategy, marketing strategy, product strategy etc.
A market growth factor that explains customers' perceptions of a new product as better at satisfying their needs than the product it replaces is called:
when 16-year-old vu agreed with his parents that his career would be to continue the family business, he was exhibiting:quizlet
The correct option is B. Foreclosure When 16-year-old Vu agreed with his parents that his career would be to continue the family business, without exploring any other options, Marcia would say he was exhibiting.
How does identity foreclosure differ from identity moratorium?When Conversely, identity foreclosure is a position of identity marked by commitment without consideration of alternatives, as opposed to the moratorium, which involves consideration without commitment.
When someone commits to an identity without first considering their options, they are said to be in foreclosure status. The person has created an identity based on the decisions or values of others without ever experimenting with their own identity.
Thus, B is the right answer.
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Your question is incomplete most probably your complete question was:
When 16-year-old Vu agreed with his parents that his career would be to continue the family business, without exploring any other options, Marcia would say he was exhibiting:
a. moratorium.
b. foreclosure.
c. identity achievement.
d. identity diffusion.
Ernst's Electrical has a bond issue outstanding with ten years to maturity. These bonds have a $1,000 face value, a 5 percent coupon, and pay interest semiminusannually. The bonds are currently quoted at 96 percent of face value. What is Ernst's pretax cost of debt?
Answer: 5.52%
Explanation:
Given the following :
Face value (f) = $1000
Bond price(p) = 96% of face value = 0.96 × 1000 = $960
Coupon rate = 5% Semi-annually = 0.05/2 = 0.025
Payment per period (C) = 0.025 × 1000 = $25
Period(n) = 10 years = 10 × 2 = 20
Semiannual Yield to maturity = [(((f-p)/n) + C) / (f + p)/2]
Semiannual YTM = [(((1000 - 960) / 20) + 25) / (1000 + 960)/2]
Semiannual Yield to maturity = [(((40 /20) + 25) / 1960/2]
= (2 + 25) / 980
= 27 / 980 = 0.02755 = 2.755% = 2.76%
Pretax cost of debt = Yield to maturity = 2 × Semiannual yield to maturity
Pretax cost of debt = 2 × 2.76% = 5.52%
Your corporation is considering replacing older equipment. The old machine is fully depreciated and cost $60,178.00 seven years ago. The old equipment currently has no market value. The new equipment cost $55,283.00. The new equipment will be depreciated to zero using straight-line depreciation for the four-year life of the project. At the end of the project the equipment is expected to have a salvage value of $39,491.00. The new equipment is expected to save the firm $31,247.00 annually by increasing efficiency and cost savings. The corporation has tax rate of 35.40% and a required return on capital of 11.60%.
a) What is the total initial cash outflow? (show as negative number -
b) What are the estimated annual operating cash flows?
c) What is the terminal cash flow?
d) What is the NPV for this project?
The corporation has tax rate of 35.40% and a required return on capital of 11.60%. a) the total initial cash outflow is - $115,461.00; b) the estimated annual operating cash flows are $31,247.00; c) the terminal cash flow is $20,427.55 and d) the NPV for this project is -$67,024.25.
a. Calculation of Total Initial Cash Outflow:Old equipment cost = $60,178.00
Purchase price of new equipment = $55,283.00
Therefore, total initial cash outflow = Old equipment cost + Purchase price of new equipment
Total Initial Cash Outflow = $60,178.00 + $55,283.00 = $115,461.00
Thus, the total initial cash outflow is $115,461.00. (Negative number)
b. Calculation of Estimated Annual Operating Cash Flows:The new equipment is expected to save the firm $31,247.00 annually. Thus, the estimated annual operating cash flows are $31,247.00.
c. Calculation of Terminal Cash Flow:Salvage value of new equipment = $39,491.00
Terminal cash flow = Salvage value of new equipment - Tax on salvage value
Terminal cash flow = $39,491.00 - ($39,491.00 - $55,283.00) * 0.354 = $20,427.55
Thus, the terminal cash flow is $20,427.55.
d. Calculation of Net Present Value (NPV):Tax on salvage value = (Salvage value - Book value) * Tax rate = ($39,491.00 - $0) * 0.354 = $13,982.79
Calculate the present value of cash inflows from the project's annual savings over the project life of four years using the given required return on capital of 11.60%.
Use the formula PV = PMT / (1 + r)ⁿ to calculate the present value of an ordinary annuity.
Where, PV = Present value of annual savings in four years, PMT = Annual savings in four years, r = Required return on capital, and n = Life of the project in years.
PV = $31,247.00 / (1 + 0.1160)1 + $31,247.00 / (1 + 0.1160)2 + $31,247.00 / (1 + 0.1160)3 + $31,247.00 / (1 + 0.1160)4
PV = $31,247.00 / 1.1160 + $31,247.00 / 1.2470 + $31,247.00 / 1.3975 + $31,247.00 / 1.5636= $28,009.20
Therefore, the NPV of the project is the sum of all present values of cash inflows and cash outflows.
NPV = -Initial cash outflow + Present value of annual savings in four years + Terminal cash flow
NPV = -$115,461.00 + $28,009.20 + $20,427.55= -$67,024.25
Hence, the NPV of the project is -$67,024.25.
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Which of the following is an example of a skill?
A. Programming
B. Caring for animals
C. Working with senior citizens
D. Family
Answer:
I'm pretty sure its A
Explanation:
because all the other things are hobbies or you don't really have to train for them.
What are the minimum requirements for general purpose external financial reporting of state and local governments?
The minimum requirements for general purpose external financial reporting include the management's discussion and analysis, the basic financial statements, including the notes to the financial statements, and the combining and individual fund financial statements.
What is external financial reporting?"External financial reporting" is the practice of often updating shareholders and potential investors on financial information. The reports often include financial data and other important details about the company in order for investors to make an investment decision.
The following are the four primary financial statements. The first four are the balance sheets, income statements, cash flow statements, and statements of shareholders' equity.
Thus, it is management's discussion and analysis.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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if an advertisement placed on the television program this is us is watched at least once by 10 percent of the advertiser’s target audience, then the___________is said to be 10 percent.
If an advertisement placed on the television program "This Is Us" is watched at least once by 10 percent of the advertiser's target audience, then the reach or viewership of the advertisement is said to be 10 percent.
Reach refers to the total number or percentage of unique individuals or households exposed to a particular advertisement or media content within a specific time frame. In this case, if 10 percent of the advertiser's target audience watches the advertisement at least once while it airs during the TV program "This Is Us," the reach of the ad is considered to be 10 percent. It signifies the extent of the ad's audience penetration and indicates the potential number of individuals who have been exposed to the advertisement's message within that specific target audience segment.
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April has joined a team with members from the sales, customer service, and
shipping and receiving departments. Which term best describes the team
April joined?
O A. Cross-functional team
B. Problem-solving team
O C. Self-managing team
D. Work team
Answer:cross-functional team
Explanation:
If a store has a “buy one, get one free” sale and an item costs $10, what is the marginal cost of the second item?
A) $7.50
B) $10
C) $5
D) $15
E) $0
If a store has a “buy one, get one free” sale and an item costs $10, then the marginal cost of the second item would be option E). 0.
What is marginal cost?The marginal cost helps to determine the additional cost that a company has to incur while producing one extra unit. In the case of buy one get one free item the final price tend to include the cost of both products.
Therefore, the marginal cost of the second product would be zero as the producer does not have to bear any additional cost as the product is free.
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The demand for financial capital increases when _________________ increases
The demand for financial capital increases when investment opportunities increase.
This is because businesses need financial capital in order to make investments and expand their operations. As more investment opportunities become available, the demand for financial capital also increases. This is a basic principle of economics, as businesses need financial capital in order to grow and take advantage of new opportunities.
In addition, the availability of financial capital can also impact the level of investment opportunities in an economy. If financial capital is scarce, businesses may not be able to access the funds necessary to take advantage of profitable opportunities, which could limit economic growth
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Complete the following sentence.
When including writing samples, be sure to have a ____a0 of samples.
Answer:
plenty
Explanation:
because you always have to have many examples
Answer:
When including writing samples, be sure to have many documents as samples.
Explanation:
Given the 2020 recession, what should be the goal of monetary policy? Should the Fed enact expansionary or contractionary policy? In other words, should the Fed increase the money supply/credit supply or decrease the money/credit supply. Explain what they might do to achieve their goal.
Answer:
Expansionary monetary policies
Explanation:
A recession is characterized by reduced economic activities, a high unemployment rate, and low business incomes. The economy experiences a reduced demand for products and services, leading to low production and a slow economic growth rate.
In a recession like in 2020, the Fed should employ measures that will stimulate economic growth. The appropriate measures are the expansionary monetary policies. These policies seek to increase liquidity in the market, thereby increasing the aggregate demand. Expansionary monetary policies increase the money supply in the economy; they include a reduction in the reserve requirement, reduction in the discount rate, and open market purchases.
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Brainley is not letting me make an account and I don't know the email so that I can email them!!! helppp!!! plsss
Answer:
you are using an account right now.
Explanation:
why do economists believe that our free enterprise system depends on the protection of private property rights?
Private ownership encourages people to develop their property in ways that benefit others.
Why do economists think private ownership helps improve property?
Private property encourages efficiency by providing the resource owner with an incentive to increase the value of their holdings. The more trading power a resource gives its owner, the more valuable it is. This is so that property owners in a capitalist system are entitled to any value attached to their property.
Private property ownership stimulates land development for the good of others. Property owners frequently make the best use of their properties.
It is advantageous because owners are motivated to maintain the property. What does market regulation serve in terms of economics? to have an impact on people's and businesses' economic behavior.
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You found something on the Internet about a
topic for a paper. Which of the following are
efficient ways to use the Internet? Check all of
the boxes that apply.
Check to see if this information is reliable.
Think critically about what you found to see
if it makes sense based on your prior
knowledge.
Make sure that the Internet is the best place
to be doing research of this type.
See what your social network is up to.
Answer:
its 1 2 3 thats the answer
Explanation:
1.Check to see if this information is reliable.
2.Think critically about what you found to see if it makes sense based on your prior knowledge.
3.Make sure that the Internet is the best place to be doing research of this type.
The following are efficient ways to use the Internet to find something on the Internet about a topic for a paper.
Check to see if this information is reliable.Think critically about what you found to seeif it makes sense based on your prior knowledge.The correct options are A, B, and C.
How do you use the internet essay?In essence, the Internet has made our lives more convenient and easy. Thanks to the internet, the entire world is now at our fingertips. We cannot help but recognize its significance when we consider how it has altered the world of today. Today, it is utilized in every aspect of life.
Sources you can trust are required for reliable information. A trustworthy source will offer a "thorough, well-reasoned theory, argument, etc. based on strong evidence," says UGA Libraries. Peer-reviewed academic books and articles are examples of sources that are widely regarded as reliable.
Thus, the ideal selection options are A, B, and C.
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what is the cash flow equation?
Answer:
Free cash flow is the cash a company produces through its operations, less the cost of expenditures on assets. In other words, The formula for calculating operating cash flow is as follows: Operating cash flow = Net income + Non-cash expenses – Increases in working capital.
Explanation:
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The Midwest is known for corn production. Mosaic, a horizontal consolidation of Cargill and IMC Global, supplies farmers with fertilizer that has helped double their corn yield. Small towns from Topeka to Abilene feature processing plants and storage granaries, where the corn is processed and stored before being transported to food manufacturers.
A. Commodity processors provide products to food manufacturers.
B. Farmers provide crops to commodity processors.
C. Food manufacturers provide products to grocery stores and restaurants.
D. Input suppliers provide seeds and fertilizer to farmers.
although hydroelectric dams generate electricity without producing greenhouse gases, they
Despite that hydroelectric dams generate electricity without producing greenhouse gases, they eliminate farmland and wildlife habitats in the regions that are flooded.
Hydro-electricity is a source of electricity generated from force gotten from downfall of dam water.
Hydro-electricity are only generated from accumulation of large bank of rivers that may pose danger to farmlands and widelife habitat.Hence, the Option C is correct because hydroelectric dams eliminate farmland and wildlife habitats in the regions that are flooded.
Missing option includes "a. are only able to contribute to about 5% of the electrical power throughout the world. b. are short-lived structures that have to be rebuilt about every 20 years. c. eliminate farmland and wildlife habitats in the regions that are flooded. d. alter water control in ways that make it more difficult to irrigate crops."
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2. What do you think Alana's goals should be?
I think Alana's goal should be to create a budget that will make her save enough money to pay for all expenses.
What's plutocrat? Plutocrat is any item or empirical record that's generally accepted as payment for goods and services and prepayment of debts, similar as levies, in a particular country or socio- profitable environment.The primary functions which distinguish plutocrat are as a medium of exchange, a unit of account, a store of value and occasionally, a standard of remitted payment. What's significance of plutocrat? Plutocrat can not buy happiness, but it can buy security and safety for you and your loved bones. Mortal beings need plutocrat to pay for all the effects that make your life possible, similar as sanctum, food, healthcare bills, and a good educationLearn more about money here:
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Suppose real GDP is $5,098 billion, taxes collected by the government are $530 billion, government spending is $684 billion, and consumption spending is $3,781 billion. If this is a closed economy, what is the value of investment spending?
To calculate the value of investment spending, we can use the formula:
Y = C + I + G + NX
Where Y is the total output or real GDP, C is consumption spending, I is investment spending, G is government spending, and NX is net exports (exports minus imports). Since this is a closed economy, we can assume that net exports are zero. Therefore, the formula becomes:
Y = C + I + G
We are given that Y = $5,098 billion, C = $3,781 billion, G = $684 billion, and taxes collected by the government (T) = $530 billion. To calculate investment spending (I), we need to rearrange the formula:
I = Y - C - G
Substituting the values, we get:
I = $5,098 billion - $3,781 billion - $684 billion
I = $633 billion
Therefore, the value of investment spending in this closed economy is $633 billion. It is important to note that investment spending includes purchases of new capital goods, such as machinery, equipment, and buildings, by businesses and households. It is an important component of economic growth and can lead to increases in future production and output.
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7. Solve this two step equation:
3 x 5 – 7 = y
Answer:
y=8
Explanation:
15-7=y
8=y
y=8
Answer:
its 8
Explanation:
if u do 3 times 5 its 15, if u do 15-7 which equal 8 or y so y=8
why is comparative value lead and value based organization?
Answer:
The organizations with a common set of values that are practiced, in our experience, corporately develop a culture of accountability. The commitment to a value system serves to strengthen the firm’s culture, increases role clarity, retention, and productivity, and serves as a long-term benefit.
While it is important for a leader to understand the values expressed by all members of the team, there are times when an employee’s values are not in alignment with the organization’s. When an individual is new to the practice, it sometimes becomes clear when they aren’t in alignment with the firm’s values. In these cases, the individual has the choice to adapt or transition to another organization to which they more closely align. Neither the individual or the organization is served when values are not in alignment.
Explanation:
Another values-based leader I worked for inspired trust at all levels in the organization and he always did the right thing. He kept us aligned to our vision with the foundation being the firm’s core values. As a result, the work environment was filled with trust, clear communication and the drive to a common purpose. He motivated us to think beyond ourselves which fostered an environment of individual and corporate success.
Today’s successful organizations have a strong and well-defined culture.
Evaluation of the effectiveness of your selected government policy on the real GDP, inflation, and unemployment rate. In your opinion, was the policy effective based on the impact to the economic indicators? Explain your response.
My selected government policy on the real GDP, inflation, and unemployment rate are:
Tax Cuts and Tax RebatesContractionary monetary policy Fiscal PolicyYes the policy were effective based on the impact of the economic indicators because it brought about:
increase productivityLower money supplyEmployment opportunities.Which policies would increase GDP?Tax reductions and refunds boost productivity, which boosts economic growth. Tax reductions and refunds, according to supporters, give consumers the opportunity to boost the economy by spending more money.
Inflation control strategies that are more prevalent today include contractionary monetary policy. By raising interest rates, a contractionary policy seeks to reduce the amount of money in an economy. 5 Credit becomes more expensive as a result, which lowers consumer and company expenditure and slows economic growth.
Therefore, Fiscal policy can lower unemployment through accelerating economic growth and aggregate demand. The government will need to pursue an expansive budgetary strategy, which entails lowering taxes and raising spending on the general government.
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Almost every business encourages its sales team to improve _____sales by aggressively marketing those products with the highest _____ ____ ratios
Almost every business encourages its sales team to improve their sales by aggressively marketing those products with the highest profit margin ratios.
Almost every business encourages its sales team to improve their sales by aggressively marketing those products with the highest profit margin ratios. This means that businesses want their sales teams to focus on selling products that yield the most profit compared to their costs, resulting in greater overall profitability for the company.The company promotes their products by marketing to improve the sales.Marketing refers to any actions a company takes to attract an audience to the company's product or services through high-quality messaging. Marketing aims to deliver standalone value for prospects and consumers through content, with the long-term goal of demonstrating product value, strengthening brand loyalty, and ultimately increasing sales.The purpose of marketing is to research and analyze your consumers all the time, conduct focus groups, send out surveys, study online shopping habits, and ask one underlying question.
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