Financial managers constantly strive for a balance between the opportunity for profit and the potential for loss. This entails making strategic decisions that maximize returns while managing risks effectively.
Financial managers are responsible for making decisions that optimize the financial performance of the organization. They aim to generate profits and increase shareholder value while minimizing the potential for losses. This requires striking a balance between pursuing lucrative opportunities that offer higher returns and carefully assessing and managing the associated risks. By evaluating investment options, capital structure decisions, and risk management strategies, financial managers seek to find the optimal balance that maximizes profitability while ensuring the long-term sustainability and stability of the organization. Additionally, they must consider factors such as economic responsibility, social responsibility, and the financial well-being of stakeholders in their decision-making process. The ultimate goal is to achieve a balance between generating profits and managing risks to create sustainable value for the organization and its stakeholders.
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Aber Company manufactures one product. On December 31, 2016, Aber adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO inventory method was $900,000. Inventory data are as follows:
Year Inventory at
year-end prices Price index
(base year 2016)
2017 $1,260,000 1.05 2018 1,840,000 1.15 2019 1,900,000 1.25 Compute the inventory at December 31, 2017, 2018, and 2019, using the dollar-value LIFO method for each year.
Inventory at December 31, 2017 $Problem 161 Aber Company manufactures one product.
Inventory at December 31, 2018 $Problem 161 Aber Company manufactures one product.
Inventory at December 31, 2019 $Problem 161 Aber Company manufactures one product.
The Last-in First-out (LIFO) technique of inventory valuation is predicated on the idea that the last-produced or last-bought assets will be the ones to incur expenses. In other words, the most recent things purchases are withdrawn and expensed first according to the last-in, first-out method.
Only in the United States, where all three inventory-costing techniques are permitted by generally accepted accounting standards, is last in, first out (LIFO) practised (GAAP). The LIFO approach is prohibited by International Financial Reporting Standards (IFRS).
Retailers and auto dealerships are typical examples of businesses that adopt LIFO inventory values because they can benefit from lower taxes (when prices are rising) and better cash flows.
However, many American businesses prefer to utilise FIFO since, if a company uses a LIFO valuation when filing taxes, it must also use a LIFO valuation when reporting financial results to shareholders, which reduces net income and, ultimately, earnings per share.
The computation of the given question is attached in the form of an image.
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If at the end of a period, a company has $400 in cash, $100 in accounts
receivable, and $100 in accounts payable, the post-closing trial balance will
show _____worth of debits.
A. $200
O B. $400
O C. $600
O D. $500
In the normal operation of business, you receive a check from a customer and deposit it into your checking account. With your bank statement, you are advised that this check for $775 is "NSF." The bank also informs you that due to the amount of activity on your business account the monthly service charge is $75. During a bank reconciliation, you will a.subtract both values from the cash balance according to the company’s records b.subtract both values from the cash balance according to the bank statement c.add both values to the cash balance according to the bank statement d.add both values to the cash balance according to the company’s records
If I’m reading it correctly, the answer is b. These items are listed on the bank statement and subtracted from the cash balance on the company’s books.
1.1.2 Quiz: Business Goals and Standards
Question 1 of 10
Define the word profit in business.
OA. Money left after costs are paid
B. Commercial activity
OC. Quality care
OD. Structure for wealth
SUBMIT
The word profit in business means the money left after costs are paid (option A).
What are the costs or business expenses?Costs or expenses in business include the costs that are considered necessary and ordinary as well. Business expenses include travel charges, bank fees, bank interests, payroll of the employees, fees, commissions, and office equipment.
The money that is left after paying the business expenses or the costs includes the profit. It is important to mention that businesses have to pay their business expenses and after deducting that money, the amount that is left with a business organization is the profit.
It can be concluded that the word profit in business means the money left after costs are paid (option A).
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when conducting a data audit using a pivottable, which of the following should be identified in the underlying dataset? a.columns that contain dates b.the total number of rows in the dataset not including the title c.cell locations that contain numbers and letters combined d.merged cell locations e.columns that contain repeating values
When conducting a data audit using a Pivot Table, it is important to identify several key elements in the underlying dataset.
Firstly, columns that contain dates should be identified to ensure that any relevant time trends can be analyzed. Additionally, the total number of rows in the dataset (excluding the title) should be noted to ensure that the dataset is complete and accurate. Cell locations that contain numbers and letters combined may also be important to identify, particularly if they relate to categorical variables or codes. Merged cell locations should be avoided as they can cause issues with data analysis, so it is important to identify any merged cells in the dataset and consider whether they can be separated.
Finally, columns that contain repeating values should be noted, as this can indicate a lack of variety in the data and potentially limit the insights that can be gained from analysis. By identifying these key elements in the underlying dataset, a more accurate and comprehensive data audit can be conducted using a pivot table.
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What is the required temperature for hot holding shredded beef?
O a. 115°F (46°C)
O b. 125°F (52°C)
O c. 135°F (57°C)
O d. 145°F (63°C)
The required temperature for hot holding shredded beef is 135°F (57°C).
What is a Hot holding technique?Hot-holding is a technique that is used in public to serve hot foods as it stops germs from growing when food is kept at hot temperatures. This lowers the risk of getting sick from eating food in pans which are heated at low heat temperatures. But according to food safety law, the heat temperature shouldn't exceed 135° Fahrenheit as it poses health hazards to the food.
Therefore, option (c) is the correct answer.
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Which of the following is an example of a game where the customer can choose their own numbers
The game where players are allowed to pick their own numbers is the game of Mega-Millions.
What is Mega-Millions?This is a type of lottery game that is available in several countries around the world and involves players picking certain numbers to stand a chance to win some money.
The players get to choose the numbers they believe will be lucky and then there is a draw. If their numbers are selected, they stand a chance to win.
Options for this question were:
a. Quick Pick game.
b. Mega Millions.
c. Instant Scratch-Off game.
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outline 2 advantages to H&H of using secondary market research
3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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What is a car an example of?
Answer: a consumer good or a luxury good
Explanation:
Answer:
Any machine that transports people
Explanation:
McLarens is and example of a car
or a Lambo is and example of a car
How can you justify paying the additional fees to start a franchise?
Answer: The initial franchise fee grants access to the franchisor's unique business systems and other benefits. You will receive the entire setup. The franchise fee is effectively a license to own and operate a franchise. As a result, you must pay it.
Selected financial information is available at July 31 for Crane Co.
2021 2020
Cash and accounts receivable $18,040 $21,945
Current assets 29,700 34.650
Current liabilities 22.000 23,100
(a) Calculate (1) working capital, (2) the current ratio, and (3) the acid-test ratio for 2020 and 2021. (Round current ratio and acid-test ratio answers to 2 decimal places, eg. 1.75:1)
Working capital is calculated by subtracting current liabilities from current assets. It represents the funds available to meet short-term obligations.
A positive working capital indicates a healthy financial position.
(1) The working capital for 2020 is $11,550 ($34,650 - $23,100) and for 2021 is $7,700 ($29,700 - $22,000).
(2) The current ratio for 2020 is 1.50:1 ($34,650 / $23,100) and for 2021 is 1.35:1 ($29,700 / $22,000).
(3) The acid-test ratio for 2020 is 0.95:1 (($21,945 - $23,100) / $23,100) and for 2021 is 0.82:1 (($18,040 - $22,000) / $22,000).
The current ratio measures a company's ability to cover its short-term liabilities with its current assets. It is calculated by dividing current assets by current liabilities. A higher current ratio indicates a stronger ability to meet short-term obligations.
The acid-test ratio, also known as the quick ratio, is a stricter measure of liquidity. It excludes inventory from current assets since it may not be easily converted into cash. The acid-test ratio is calculated by subtracting inventory from current assets and dividing it by current liabilities. A higher acid-test ratio suggests a better ability to pay short-term debts without relying on inventory sales.
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Why is it important to maintain network relationships, even after you have found a job?
a. You never know when you are going to have to find a new job.
b. You can return the favor by helping network members with career advice and job leads.
You will remain informed and connected to people in your field.
d. All of the above
C.
Please select the best answer from the choices provided
ΟΑ
B
С
OD
Answer:
D (all of the above)
Explanation:
When a person has gotten a job, it is critical to keep network contacts since a person never know when he will need to locate a new career, and he will stay informed and connected to bin his sector.
What is network relationships?Relationship networking is another name for network relationships. It's all about making connections and finding ways for both sides to gain. Like the relationship, networking and partnerships intersect in numerous ways, resulting in economic potential.
Even when a person has gotten a job, it is critical to keep network contacts since you never know when you will need to locate a new career, and he will stay informed and connected to people in the sector.
With the utilization of network ties, an individual might refund the kindness by supplying career counseling and job metals to network members.
Therefore, option D is correct.
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A planned unit development (PUD) is an example of A) multiple-use zoning. B) aesthetic zoning. C) directive zoning. D) bulk zoning.
A planned unit development (PUD) is an example of multiple-use zoning. option A
What is PUD?Planned unit development zone focuses on developing neighborhood, sub-divisions.
They are in charge of developing various buildings and structures within sub-division. PUD is under the multiple-use zoning that houses all houses project.
Therefore, A planned unit development (PUD) is an example of multiple-use zoning. option A
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A value hypothesis explains the reasons why a customer may choose not to use a product. True or false
False.A value hypothesis is a declaration of the anticipated worth that a good or service will bring to its users. It describes the advantages and results that users will experience from utilising the product, as well as why users would want to use it.
A value hypothesis is defined.A value hypothesis puts forth a presumption regarding the worth of a product to potential customers. But, it's also possible that your "future clients" are assumptions. A value hypothesis focuses more on the current market.
What is an example of a value hypothesis?The value hypothesis examines how much value your product or service offers clients and, more crucially, if they are willing to pay for it.
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why indigenous technologies are better than modern technology
Answer:
Indigenous technologies are better than modern technology because of the following reasons ;
1) It creates new employment opportunities .
2) It is much cheaper than imported technology.
3) It helps in the technological progress of developing countries which brings economic growth in nation .
4) It leads to greater encouragement for focused research.
5) It is affordable , sustainable band environment friendly.
perfectly competitive market in long run equilibrium. if demand decreases, we can be certain that price will
Answer:
fall in the short run. all, some, or no firms will shut down, and some of them will exit the industry. price will then rise to reach the new long-run
Which type of property is to be included in the sale of a house unless otherwise stated in the purchase agreement? Real property Personal property Tangible property Intangible property
Answer:
The correct answer is the second option: Personal property.
Explanation:
To begin with, the term of "personal property" refers to every moveable property that finds inside the land or house that is to be sold. So this property normally is to be understand it as a part of the house, however if the contract states it so then the personal property does not come alongside with the land that is being purchased. The real property on the other hand it is the land and every thing that can not be moveable from that land so it will not make sense that a person who is buying the house will not take property of the house itself, that is why that the proper answer is the personal property inside the house.
Arrange the following revenues in the federal government, from greatest to
least.
Drag each item to put them in the correct order.
(2 points)
= excise taxes
= Social Security and Medicare taxes
= corporate income taxes
= individual income taxes
= customs duties
= miscellaneous revenue
Answer the questions below regarding the heating of a house in the Midwestern United States. Assume the following.
• The house has 2,000 square feet of living space.
• 80,000 BTU's of heat per square foot are required to heat the house for the winter.
• Natural gas is available at a cost of $5.00 per thousand cubic feet.
• One cubic foot of natural gas supplies 1,000 BTUs of heat energy.
• The furnace is 80% efficient.
a. Calculate the following, showing all the steps of your calculations, including units.
i. The number of cubic feet of natural gas required to heat the house for one winter.
ii. The cost of heating the house for one winter.
b. Identify and describe three actions the residents of the house could take to conserve heat energy and lower the cost of heating the house.
c. The residents decide to supplement the heating of the house with a coal burning stove.
i. Identify 2 pollutants that may result from the burning of coal.
ii. Discuss one method that can be implemented to reduce the impact of the use of coal for energy.
a. The calculation of the requirements is as follows:
i. The cubic feet of natural gas required to heat the house for one winter is 160,000 (160,000,000/1,000).
ii. The cost of heating the house for one winter is $800 (160,000,000/1,000,000 x $5).
b. To conserve heat energy, lowering the cost of heating the house, the residents could take the following actions:
Turn off lights, computers, televisions, video games, and other electrical equipment when not in use.Buy equipment with less energy consumption (that is, energy-saving appliances).Adopt renewable energy sources.
c. i. Two pollutants resulting from burning coal are Sulfur dioxide (SO2) and Nitrogen oxides (NOx).
ii. One method to reduce the impact of coal energy is carbon capture. Carbon capture separates the CO2 and recovers it for underground permanent storage or sequestration.
Data and Calculations:
Square feet of the house's living space = 2,000
Heat per square foot = 80,000 BTU
Total heat required = 160,000,000 BTU (2,000 x 80,000)
Cost of natural gas per thousand cubic feet = $5
Cubit foot of natural gas = 1,000 BTUs of heat energy
Total cost of heating = $800 (160,000,000/1,000,000 x $5)
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common to this work. Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom. According to O*NET, what are some common work contexts for Accountants? Check all that apply. pace determined by speed of equipment importance of repeating same tasks indoors, environmentally controlled deal with physically aggressive people telephone and electronic mail importance of being exact or accurate
Answer:
Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom. According to O*NET, what are common work contexts for Actors? Check all that apply.
deal with physically aggressive people
exposed to hazardous equipment
contact with others
work with group or team
Explanation:
Answer:
A, B, E, F
Explanation:
If consumers view cappuccinos and lattés as substitutes, what would happen to the equilibrium price and quantity of lattés if the price of cappuccinos rises?.
If consumers view cappuccinos and lattés as substitutes, the equilibrium price and quantity would decrease if the price of cappuccinos rises.
In economics, the concept of equilibrium can be used to determine market stability. At this point, neither the buyer nor the seller wishes to deviate from their respective consumption and production points.
In economics, substitute goods are those types of goods that may be used place of one another. As a result, as the cost of a substitute good rises, so does demand for the original good, causing both the equilibrium price and quantity to rise.
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what are three things you can do to reduce the risk of financial loss for you and your loved ones?
ent
What can help you meet your budget while shopping for
important items?
Buying the item with the best features.
A
Prioritizing features to meet your needs.
A list of the items one needs and prioritizing the features one needs will be most helpful in budgeting while shopping for important items.
What is budgeting?Budgeting is a preparation of estimated expenses that one wishes to spend to serve the purpose of the purchase as such. It is essential in comparison of estimates and actual expenses one meets with.
For example, one needs to purchase a laptop for the purpose of video editing, with good processors that support smooth and lag-free video editing.
In such cases, making a list of essential features in a laptop and giving the topmost priorities to the features one needs are to be taken into consideration while budgeting for such purchase.
Hence, options B; giving the priority to the needed features; and making a list of all the needed features will be the most helpful ones while budgeting the purchase for an essential purchase.
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Virtual locations used only for posting job openings are called
job fairs
job search websites
referrals
social media
Virtual locations that are used only for posting job openings are job search websites.
It should be noted that job search websites are the websites where the people that are looking for jobs can log on to and search for the jobs that meet their skills. On the other hand, a job fair isn't virtual, it is a career fair where recruiters get candidates that can fill certain positions in a company. Also, a referral is when a person tells the job seeker to go and meet another individual regarding a job.Lastly, it should be noted that social media isn't used for posting jobs alone. There are several things posted on social media.In conclusion, the correct option is B
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Answer:
Job Search Website
Explanation: verified answer
Which of the following is an example of a soft skill?
A. Ability to use CSS spreadsheets
B. Ability to manage spreadsheets
C. Ability to work well with a project team
D. Ability to manipulate images using computer software
Answer:
Ability to work well with a project team
Explanation:
Jennifer is measuring the frequency of her customers' visits and the amount they spend annually. What kind of analysis is she performing?
Jennifer is performing (blank) analysis
Recency, frequency, monetary analysis is performed by Jennifer while measuring the frequency of her customers .
RFM investigation is a showcasing strategy used to quantitatively rank and gathering clients in view of the recency, recurrence and financial complete of their new exchanges to distinguish the best clients and perform designated promoting efforts.
You need to give each individual customer a recency score, a frequency score, and a monetary score in order to build an RFM model. The crude information, which can be gathered from a client data set from past exchanges, is then ordered in a calculation sheet or data set.
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Alpha is the blank______ of the characteristic line of a stock's returns versus those of the market.
Alpha is the intercept of the characteristic line of a stock's returns versus those of the market.
A stock return is a long-term increase or decrease in the value of an asset or investment. A positive return indicates that the investment was profitable. A negative return indicates that the investment has lost money.
The point where the function crosses the y-axis is known as the intercept and is frequently denoted as a constant. In some analyses, removing the intercept and reducing the regression line to Y = bX + error causes the regression model to only become significant.
The vertical intercept, or alpha, reveals how much better the fund performed than was anticipated by the CAPM (or maybe more typically, a negative alpha tells you how much worse it did, probably due to high management fees). The statistic r-squared indicates the accuracy of the fit.
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Tim Horton wants to raise funds to open a branch of their coffee shop in Trinidad. To raise the funds, Tim Horton would sell bonds 100 $1,000 par value with a coupon interest rate of 6%. The bonds would mature in 15 years and interest would be paid semi-annually. The required rate of return is expected to be 8%.
Requirement:
a) Calculate the value of one bond
b) What is the total amount Tim Horton would raise if all bonds were sold?
Answer:
a) The value of one bond is $837.08.
b) The total amount Tim Horton would raise if all bonds were sold is $83,708.
Explanation:
a) Calculate the value of one bond
This can be calculated as follows:
Annual coupon = Bond face value * Coupon interest rate = $1,000 * 6% = $60
Annual coupon discount factor = ((1 - (1 / (1 + r))^n) / r) .......... (1)
Where;
r = required semi-annual rate of return = required annual rate of return / number of semi-annual in a year = 8% / 2 = 0.08 / 2 = 0.04
n = number of semi-annuals = number of years * number of semi-annual in a year = 15 * 2 = 30
Substituting the values into equation (1), we have:
Semi-annual coupon discount factor = ((1-(1/(1 + 0.04))^30) / 0.04) = 17.2920333006645
Present value of coupon = ((Annual coupon / number of semi-annual in a year) * Semi-annual coupon discount factor) = (($60 / 2) * 17.2920333006645 = $528.76
Present value of the face value of the bond = Face value of the bond / (1 + r)^n = ($1,000 / (1 + 0.04)^30 = $308.32
Therefore, we have:
Bond value = Present value of coupon + Present value of the face value of the bond = $528.76 + $308.32 = $837.08
Therefore, the value of one bond is $837.08.
b) What is the total amount Tim Horton would raise if all bonds were sold?
Number of bonds expected to be sold = 100
Value of one bond = $837.08
Total amount that would be raised = Number of bonds expected to be sold * Value of one bond = 100 * $837.08 = $83,708
Therefore, the total amount Tim Horton would raise if all bonds were sold is $83,708.
why is freshness of ingredients important in salad preparation