Answer:
a) lead users.
Explanation:
Lead users are very skilled and experienced users in certain products and this users know extensively about the product application and how this products can be modified to satisfy their needs.
Lead users find solutions to problems through the use of innovation thereby improving or changing parts of the products thereby they are significant evaluating products.
glass co. had net income of $70,000 during the year. Depreciation was $10,000. the following information is available: accounts receivable increase (sale price $100,000) non trade notes payable increased by 50,000, equipment purchases increased by 40,000 account payable increase 30,000. what amount should galss report as net cash provided by investing activities
Answer:
Net cash from investing activities (40,000)
Explanation:
The investing activities are those that pertain to the purchase and sales of non-current assets and marketable securities.
Example of such includes the sales and purchase of property plant an equipment. Therefore, the only item to be considered here is the purchase of equipment.
$
Investing activities
Equipment purchase (40,000)
Net cash from investing activities (40,000)
Which of the following concepts best describes the supply of housing? A. Irrational B. Inelastic C. Marginal D. Demographic
Answer: Inelastic
Explanation:
Al-Baida wants to buy a new machine with special purposes for an amount $ (1) million for the production of a product, and the economic life of the machine is (10) years, bearing in mind that there is no residual value for the machine at the end of its useful life. The company adopts the straight-line method in calculating the depreciation, and it is expected that the annual revenues from operating the machine will be 1,200,000 ID, and the annual expenses excluding taxes, (700,000 ID. If you know that the company adopts a discount rate of 12% The income tax rate is 30% for all years. Required: Calculate the following: .1. payback period. 2. Rate of accounting return on investment.
1. Payback period will be 2 years.
2. The rate of accounting return on investment for the machine is 35%.
To calculate the payback period, we need to determine the number of years it takes for the company to recover the initial investment of $1 million.
Step 1: Calculate the annual net cash flow.
Annual net cash flow = Annual revenues - Annual expenses excluding taxes
Annual net cash flow = $1,200,000 - $700,000 = $500,000
Step 2: Determine the payback period.
Payback period = Initial investment / Annual net cash flow
Payback period = $1,000,000 / $500,000
Payback period = 2 years
Therefore, the payback period for the investment in the machine is 2 years.
To calculate the rate of accounting return on investment, we need to determine the average annual net income generated by the investment.
Step 1: Calculate the average annual net income.
Average annual net income = (Annual revenues - Annual expenses excluding taxes) * (1 - Tax rate)
Average annual net income = $500,000 * (1 - 0.30)
Average annual net income = $350,000
Step 2: Calculate the rate of accounting return on investment.
Rate of accounting return on investment = Average annual net income / Initial investment * 100
Rate of accounting return on investment = $350,000 / $1,000,000 * 100
Rate of accounting return on investment = 35%
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Carol is interested in field engineering. What tasks would she have to perform as a field engineer?
Answer:
Field engineer duties usually include inspecting and installing equipment and new technologies, directing crews or workers on site, conducting research, and reporting on project status. Field engineers will make sure that everything works smoothly and engineering designs are being followed.
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If revenue is $5000 and operating expenses are $6000, cash flow equals _____. $1000 $1000 $11000 $11000 -$11000 -$11000 -$1000 -$1000
Answer:
-1,000
Explanation:
Answer:
$100
Explanation:
Question 7 of 10
What is product positioning?
A. The process of dividing up a total market into groups (segments)
with similar needs and buying behaviors
O B. The set of plans for product, price, place, and promotion that the
marketer will use
O c. A definition of how the company intends for customers to view its
product relative to the competition
O D. The use of names and symbols to identify the company's
products
Answer:
B. the set of plans for product, price, place, and promotion that the marketer will use
A transportation app developer knows that the commute times for a specific route follow an approximately normal distribution with a mean of 30 minutes and a standard deviation of 6 minutes. Using the norm.dist() function in excel, the developer has calculated the following probabilities for specific commute times. Probability Calculations P (Commute < 16.04) = 0.01 P (Commute < 20) = 0.048 P (Commute < 20.13) = 0.05 P (Commute < 25) = 0.202 P (Commute < 35) = 0.798 P (Commute < 39.87) = 0.95 P (Commute < 40) = 0.952 P (Commute < 43.96) = 0.99 9. What is the probability that a commute is between 25 and 40 minutes? 10. Name the two values (don’t round), equidistant from the mean of 30 minutes, such that 90% of all commute times are between these values?
9. Probability (between 25 and 40 minutes) = 0.75.
10. Two values are 18.3 minutes (lower value), and 41.7 minutes (upper value)
For the probability that a commute is between 25 and 40 minutes, calculate the difference between the cumulative probabilities of the upper and lower bounds.
P(25 < Commute < 40) = P(Commute < 40) - P(Commute < 25)
Using the given probability values:
P(25 < Commute < 40) = 0.952 - 0.202
P(25 < Commute < 40) = 0.75
Therefore, the probability that a commute is between 25 and 40 minutes is 0.75.
10. To find the two values equidistant from the mean of 30 minutes such that 90% of all commute times are between these values, calculate the corresponding z-scores.
Since the data follows an approximately normal distribution, use the z-score formula:
z = (x - μ) / σ
Where:
z is the z-score
x is the value
μ is the mean
σ is the standard deviation
To find the z-scores corresponding to the cumulative probabilities, use the norm.inv() function in Excel.
The z-score for the lower value, which corresponds to the 5th percentile (0.05 cumulative probability), is given by:
z1 = norm.inv(0.05, 0, 1)
The z-score for the upper value, which corresponds to the 95th percentile (0.95 cumulative probability), is given by:
z2 = norm.inv(0.95, 0, 1)
Now, find the corresponding commute times by rearranging the z-score formula:
x = z * σ + μ
Using the given mean (μ = 30) and standard deviation (σ = 6):
For the lower value:
x1 = z1 * σ + μ
For the upper value:
x2 = z2 * σ + μ
Calculating the values:
For the lower value:
x1 = norm.inv(0.05, 30, 6) ≈ 18.3 minutes
For the upper value:
x2 = norm.inv(0.95, 30, 6) ≈ 41.7 minutes
Therefore, the two values (without rounding) equidistant from the mean such that 90% of all commute times are between them are 18.3 minutes & 41.7 minutes
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According to the income balance, the “+” sign refers to _____ and the “-” sign refers to _____
Answer:
positive negative or addition and subtraction
Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales budget and (b) a production budget: Rumble Thunder Estimated inventory (units), June 1 284 79 Desired inventory (units), June 30 327 69 Expected sales volume (units): Midwest Region 4,300 4,800 South Region 5,050 4,400 Unit sales price $95 $225
Answer:
Sonic Inc.
a. Sales Budget for the month of June:
Rumble Thunder Total
Midwest Region 4,300 4,800 9,100
South Region 5,050 4,400 9,450
Total units sold 9,350 9,200 18,550
Sales price $95 $225
Expected Sales Revenue $888,250 $2,070,000 $2,958,250
b. Production Budget for the month of June:
Rumble Thunder Total
Desired inventory (units), June 30 327 69 396
Total units sold 9,350 9,200 18,550
Total units available for sale 10,287 9,269 19,556
Estimated inventory (units), June 1 284 79 363
Units to be produced 10,003 9,190 19,193
Explanation:
a) Data and Calculations:
Rumble Thunder
Estimated inventory (units), June 1 284 79
Desired inventory (units), June 30 327 69
Expected sales volume (units):
Midwest Region 4,300 4,800
South Region 5,050 4,400
Unit sales price $95 $225
Using the information learned in Unit 4, create a company, including the creation of a product or service.
Next, create the advertising for that product or service to reach a target market. Advertising can include a flyer, brochure, commercial, video, website, etc. Make sure you are advertising to a target market.
Finally, explain how you will use the elements of a marketing mix. Remember if you create a business that is an industry you need to use the 4P's (product, price, place, and promotion). If you choose to create a service business, you need to use the 7P's (product, price, place, promotion, people, process, and physical).
Under marketing concept, advertisement is a primary tactic that helps to cater large targeted customers merging with best marketing-mix criteria.
What is marketing mix?Marketing mix concept made up of four major elements of marketing that decides the potential growth of any product in long run as well as short run.
There are Four Ps in marketing mix of Goods Manufacturing or trading industry such as: Product, Price, Promotion, Place.
On the other hand there are seven P's under marketing mix of service intensive industry such as Product, Price, Promotion, Place, People, Physical evidence, Promotion.
Therefore under promotion marketing mix advertisement is way where one entity can attract & promote the features & quality of product or service to a large target customers with effective results.
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At the end of a short-term program, how should an offer be presented to the client?
A. In-person
B. Via text
C. In a phone call
D. Via email
E. In a written letter
At the end of a short-term program, the offer should be made to the client in person. Option A
How to make the offerThe best way to present an offer at the end of a short-term program will depend on various factors, such as the nature of the program, the client's communication preferences, and the type of offer being made.
Option A (in-person) may be appropriate for a high-value offer that requires face-to-face interaction, such as a job offer or a business partnership. Option B (via text) is less formal but may be appropriate for a quick follow-up or reminder. Option C (in a phone call) can be a good option for building rapport and having a more personalized conversation. Option D (via email) is a common way to present offers and allows for easy documentation and tracking. Option E (in a written letter) may be suitable for more formal or ceremonial occasions, such as a scholarship award or a congratulatory message.
Overall, the best approach is to consider the client's communication preferences and the nature of the offer, and choose the most appropriate method accordingly.
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In the market for labor, demand describes …?
A: the relationship between the quantity of labor that workers are willing to provide and the wages they are willing to accept
B:the quantity of labor that firms are willing to hire.
C: the quantity of labor that workers are willing to provide.
D:the relationship between the quantity of labor that firms are willing to hire and the wage that they are willing to pay.
In the labor market, demand is a description of D. the relationship between ...
The labor market is where demand and supply for labor interact. In this market, workers supply their labor (time, intelligence, sweat, etc) to firms, who pay wages or salaries in exchange.When firms are producing more products, they increase their labor demand. If they are also willing to pay more for the labor, the number of workers who are willing to work at the given wage rate increases.The demand for labor is not determined alone by anyone of these:A. Workers' willingness to work
B. The quantity of labor firms are willing to hire
C. The quantity of labor which workers can provide.
Thus, the demand for labor considers option D. the quantity of labor that firms want and the wages that they are willing to pay.
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Answer:
D: the relationship between the quantity of labor that firms are willing to hire and the wage that they are willing to pay.
Explanation:
The price of a gallon of milk falls. Which of the following is a possible cause?
a discovery that milk cause diabetes
a drought that reduces supplies of feed grains fed to cows that produce milk
an increase in the income of the average household, with milk being a normal good
a decrease in the price of oatmeal, a complement to milk
When there is a fall in the price of the gallon of milk, the most possible cause among all the given causes is that “a discovery that milk causes diabetes”. Hence, Option A is correct.
What is the fall in the price?Both terms have the same meaning: it is a period in which the price of a commodity or any product falls in comparison to other products on the market, which can be its substitute or complement, or it can also be a competitive product.
There were reasons why the price of any product fell. Sometimes, the supply of any product in the market is in abundance. In that case, the price of any product will fall.
When it comes to the price fall of a gallon of milk, it is because people who consume milk find that the main reason or one of the reasons for diabetes is milk.
Thus, Option A is correct.
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SAFe 5 Agilist Exam (5.1) - Question
Which statement is true about a Value Stream that successfully uses Devops?
O It has a closed loop process of learning
O It has a technology stack without legacy code
O It has objective measurements with automation
O It has a lower threshold of defects approved to production
68.9%
Value stream helps are known to be tools used to solve poor visibility across software delivery life cycle. They help in objective measurements with automation.
Mapping the value stream helps in what?They help one to understand how the flow of value can be made better and also helps one to have a forward view into organizational efficiency;
The Benefits of Devops:
It helps in Automation in repetitive tasks that leads to more innovation.Boast agility in one's business.Faster lead timeFewer defectsValue streams are known to be visual tool that helps organizations to objectively measure and track vital aspect of their work.
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Macroeconomic problems are observed... i. On points along the production possibilities frontier
ii. On points beyond the production possibilities frontier
iii. On points within the production possibilities frontier
A. ii and iii
B. i only
C, i and ii
D. ii only
Macroeconomic problems can be observed at all points along the production possibilities frontier (PPF), whether they are on points within, beyond, or on the frontier itself. Option A ii and iii.
The production possibilities frontier represents the maximum output that can be achieved using the available resources and technology. However, there are various macroeconomic problems that can hinder the economy's ability to reach its maximum potential.
When the economy is operating within the PPF, it means that it is utilizing all its available resources efficiently. However, there may still be macroeconomic problems such as inflation, unemployment, and income inequality. Inflation occurs when there is an increase in the general price level of goods and services, which can reduce the purchasing power of consumers and affect the economy's competitiveness.
Unemployment occurs when there are not enough jobs available for the labor force, which can reduce economic output and result in social problems. Income inequality occurs when there is a significant gap between the rich and the poor, which can create social tensions and limit economic growth.
When the economy is operating beyond the PPF, it means that it is utilizing resources that are not sustainable in the long run. This can lead to macroeconomic problems such as environmental degradation, resource depletion, and debt crisis. Environmental degradation occurs when the economy's activities harm the environment, which can have long-term consequences on the health and well-being of society.
Therefore, the correct answer to the question is (A) ii and iii, as macroeconomic problems can be observed both on points beyond and within the PPF. Option A
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Which of the following is a plant location methodology that is good for locating a single facility within a set of existing facilities based in distances and volumes of goods shipped?
a. Factor-rating
b. Decision trees
c. Regression Analysis
d. Linear programming
e. Centroid
Answer:
the answer should be E. centroid
Explanation:
Centroid Method
Statement of Cost of Goods Manufactured for a Manufacturing Company
Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows:
Inventories January 1 January 31
Materials $196,000 $176,400
Work in process135,240 121,720
Finished goods 99,960 118,190
Direct labor $352,800
Materials purchased during January 376,320
Factory overhead incurred during January:
Indirect labor 37,630
Machinery depreciation 22,740
Heat, light, and power 7,840
Supplies 6,270
Property taxes 5,490
Miscellaneous costs 10,190
a. Prepare a cost of goods manufactured statement for January.
Sandusky Manufacturing Company
Statement of Cost of Goods Manufactured
For the Month Ended January 31
Work in process inventory, January 1 $
Direct materials:
Materials inventory, January 1 $
Purchases
Cost of materials available for use $
Materials inventory, January 31
Cost of direct materials used in production $
Direct labor
Factory overhead:
Indirect labor $
Machinery depreciation
Heat, light, and power
Supplies
Property taxes
Miscellaneous costs
Total factory overhead
Total manufacturing costs incurred during January
Total manufacturing costs $
Work in process inventory, January 31
Cost of goods manufactured $
Feedback
b. Determine the cost of goods sold for January.
$
Answer:
a. Cost of goods manufactured statement for January.
Work in process inventory, January 1 $ 135,240
Direct materials:
Materials inventory, January 1 $ 196,000
Purchases $376,320
Cost of materials available for use $ 572,320
Materials inventory, January 31 ($176,400)
Cost of direct materials used in production $ 395,920
Direct labor $352,800
Factory overhead:
Indirect labor $ 37,630
Machinery depreciation $22,740
Heat, light, and power $7,840
Supplies $6,270
Property taxes $5,490
Miscellaneous costs $10,190
Total factory overhead $90,160
Total manufacturing costs incurred during January $442,950
Total manufacturing costs $ 442,950
Work in process inventory, January 31 ($121,720)
Cost of goods manufactured $456,470
b. Determine the cost of goods sold for January.
Beginning Finished goods Inventory $99,960
Add Cost of goods manufactured $456,470
Less Ending Finished goods Inventory ($118,190)
Cost of goods sold $438,240
Explanation:
The Costs of Goods Manufactured is obtained from preparing a manufacturing cost schedule. This is an accumulation of all manufacturing costs.
The cost of goods sold is obtained by preparing Finished Goods Account or schedule as above.
some organizations use , such as a word processing assessment for an office assistant job or an integrity assessment for a cashier job, to measure ability or personality.
Some organizations use employment tests, such as a word processing assessment for an office assistant job or an integrity assessment for a cashier job, to measure ability or personality
What is an employment test?Employment testing is the practice of administering written, oral, or other tests to determine a job applicant's suitability or desirability. IQ tests, the most common type, assess general mental ability. Other tests assess verbal ability, math skills, spatial perception, inductive and deductive reasoning, and so on. Strength, endurance, and muscular movement are all measured in physical ability tests.
A performance test is a method of evaluating an individual's physical ability to complete a task. An individual may be asked to perform specific functions or movements, such as lifting a box or turning a knob, in some cases.
It should be noted that such test are important in order to determine if the candidate will fit the position.
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Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. Further assume that the company uses a markup of 50% on manufacturing cost to establish selling prices. The calculated selling price for Job M is closest to:
Answer:
Selling Price for Job M = $49,005
Explanation:
Note: This question is incomplete and lacks necessary data to solve. But I have found similar question on the internet and will be using its data to solve this question for the sake of understanding and concept.
Data Missing:
Estimated Total Machine Hours for Molding = 9000
Estimated Total Machine Hours for Customizing = 3600
Total = 9000 + 3600 = 12,600
Estimated Total Fixed manufacturing overhead cost for Molding = 36000
Estimated Total Fixed manufacturing overhead cost for Customizing = 13,320
Total = 36000 + 13320 = 49320
Estimated variable Manufacturing overhead cost per MH for Molding = 2.50
Estimated variable Manufacturing overhead cost per MH for Customization = 3.00
Data For JOB M:
Direct materials = $9,900
Direct labor Cost = $10,300
Molding Machine-hours = 1300
Customizing Machine Hours = 600
Required:
We are asked to calculate the selling price for Job M:
Solution:
Direct materials = $9,900
Direct labor Cost = $10,300
Variable manufacturing overhead For Molding:
(Estimated variable Manufacturing overhead cost per MH for Molding 2.50 x Molding Machine-hours = 1300)
Molding = 2.50 x 1300
Molding = 3,250
Similarly,
Variable manufacturing overhead For Customizing:
(Estimated variable Manufacturing overhead cost per MH for Customization = 3.00 x Customizing Machine Hours = 600)
Customizing = 3.00 x 600
Customizing = 1800
Now, we need to find Fixed manufacturing overhead for both molding and customizing:
For Molding:
First we need to find the cost per machine hour for molding:
Molding Cost per machine hour = (Estimated Total Fixed manufacturing overhead cost for Molding = 36000 / Estimated Total Machine Hours for Molding = 9000)'
Molding Cost per machine hour = 36000/9000
Molding Cost per machine hour = $4 per machine hour
So,
Fixed manufacturing overhead for Molding:
Molding = Molding Cost per machine hour x Molding Machine-hours = 1300
Molding = 4 x 1300
Molding = 5200
Similarly,
For Customizing:
Customizing Cost per machine hour = 13320/3600
Customizing Cost per machine hour = $3.70 per machine hour
Fixed manufacturing overhead for Customizing:
Customizing = Customizing Cost per machine hour x Customizing Machine Hours
Customizing = $3.70 x 600
Customizing = 2220
Now, we need to find the total cost for Job M:
Total Cost = Direct materials + Direct labor Cost + Variable manufacturing overhead For Molding + Variable manufacturing overhead For Customizing + Fixed manufacturing overhead for Molding + Fixed manufacturing overhead for Customizing
Total Cost = $9,900 + $10,300 + 3,250 + 1800 + 5200 + 2220
Total Cost = $32,670
Now, we need to find the Selling price for Job M, for which we need to add the markup into the total cost.
Markup percentage = 50%
So,
Markup = Markup% x Total Cost
Markup = 0.50 x 32,670
Markup = $16,335
Selling Price = Markup + Total Cost
Selling Price for Job M = $16,335 + $32,670
Hence,
Selling Price for Job M = $49,005
Student aid is based on either financial need or _____ need.
A. Merit-based
B. Academic
C. Social
D. Emotional
(Please help I’m confused by all the different answers people are giving and I need to turn this in soon)
How can you filter the for review tab to see all the transactions quickbooks online thinks it has found a good match for?
Answer:
Click on the Recognized tab
Explanation:
If you want to filter the for review tab to find the good match all you have to do is:
Step 1: Go at "For Review" Tab
Step 2: Above the transactions their will be Recognized Tab. Click on it which would filter all the transactions that provides a good match.
____ is a set of focused steps that deal primarily with the safety and state of the people from the organization who are involved in the disaster.
Emergency response is a set of focused steps that deal primarily with the safety and state of the people from the organization who are involved in the disaster.
What is emergency response?Any plan for disaster management must include emergency response as a key element. It refers to a series of deliberate actions designed to guarantee the security and wellbeing of members of an organization who are involved in a disaster. Depending on the kind and extent of the disaster, the reaction may vary, but it usually entails a well-planned and coordinated effort involving a number of stakeholders, including emergency services, local government, and volunteers. The assessment of the situation, communication channel creation, evacuation of the affected areas, provision of emergency medical services, and other vital services, as well as the start of recovery operations, are important components of emergency response.
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Which benefit of market research does this example convey?
Jennifer works as a marketing manager for her company. Over the last year, she and her staff conducted many telephone and focus group
surveys, as well as interviews, to collect market research data from the company's existing customers. In the process, the research team
interacted with many customers and established a good rapport with them. This helped the business reap the benefits of
Answer:
customer loyalty
Explanation:
Customer loyalty: Through market research, a business communicates with its consumers. Consumers can give opinions and express grievances through the market research process. Such interaction can help a business establish a strong rapport with its consumers, which leads to customer loyalty.
Answer:
Costumer Loyalty
Explanation:
I took this exact test:
Type the correct answer in the box. Spell all words correctly.
Which benefit of market research does this example convey?
Jennifer works as a marketing manager for her company. Over the last year, she and her staff conducted many telephone and focus group surveys, as well as interviews, to collect market research data from the company’s existing customers. In the process, the research team interacted with many customers and established a good rapport with them. This helped the business reap the benefits of BLANK
Question 5
From which of the following taxes does the federal government get most of their tax revenue?
A Corporate tax
B) Sales tax
Tariffs
Income tax
Answer:
B. $3,500
Explanation:
The form of tax from which the federal government get most of their tax revenue is the Income tax.
Option D is correct.
What is meant by taxes?Taxes are the financial source of the government through which it gets most of their revenue. It could be direct or indirect in nature.
The income taxes are one of a kind of taxes which are paid by the taxpayers in accordance with the slab rates applicable on their respective taxable incomes. It has to be paid on yearly basis at a specified period of time and if delayed, then the penalty has also been required to be paid.
Therefore, the income taxes are the one which provides maximum revenue to the federal government.
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Tariff effects: An overview
Consider two hypothetical countries, Alagir and Ertil. Both countries produce iGadgets, and the price of iGadgets is lower in Alagir than in Ertil. If Alagir and Ertil open to trade, producers in would be more likely to lobby their government for an import tariff on iGadgets in order to protect themselves from foreign competition.
Which of the following statements about the effects of the tariff compared to free trade are correct?
A. In Alagir, workers in iGadget importing companies lose their jobs.
B. In Ertil, some workers at retail and shipping companies that import iGadgets lose their jobs.
C. In Ertil, consumers pay more for the domestic iGadgets.
D. In Ertil, workers in iGadget importing companies see more jobs available to them.
E. In Ertil, producers of iGadgets are willing to expand output.
Answer:
The answer is "Option E, Option B, and Option C".
Explanation:
There are two Alagir and Ertil nations, and both iGadgets are created by the nations. Its price throughout the world was lower than in the world, and the manufacturers in Ertil will be more likely to ask their government for just a tariff on iGadgets to protect them against the international competition so because the cost in the nation is higher and consumers are starting to import goods from the country.
Layne wants to set up her PivotTable to show how her total sales were distributed across the
months she's been tracking to see, at a glance, which month accounted for the higher portion
of her total sales. What command, accessible with a right-click, will bring up a list of options
that will let her do this with one click?
Show Values As...
Value Field Settings
O Show Field List
O Remove Values
The command that would help to show the total sales distributed in the month that she wants to see is the Show Field List.
What is the show field list?This is the command that tells the spreadsheet that you want to view the values that are in a field.
This command would show the list after you carry out the action of right clicking on the pivot table.
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The R&D division of Piqua Chemical Corp. has just developed a chemical for sterilizing the vicious Brazilian "killer bees" which are invading Mexico and the southern United States. The president of the company is anxious to get the chemical on the market to boost the company’s profits. He believes his job is in jeopardy because of decreasing sales and profits. The company has an opportunity to sell this chemical in Central American countries, where the laws are much more relaxed than in the United States. The director of Piqua’s R&D division strongly recommends further testing in the laboratory for side-effects of this chemical on other insects, birds, animals, plants, and even humans. He cautions the president, "We could be sued from all sides if the chemical has tragic side-effects that we didn’t even test for in the labs." The president answers, "We can’t wait an additional year for your lab tests. We can avoid losses from such lawsuits by establishing a separate wholly-owned corporation to shield Piqua Corp. from such lawsuits. We can’t lose any more than our investment in the new corporation, and we’ll invest in just the patent covering this chemical. We’ll reap the benefits if the chemical works and is safe, and avoid the losses from lawsuits if it’s a disaster." The following week, Piqua creates a new wholly-owned corporation called Finlay Inc., sells the chemical patent to it for $10, and watches the spraying begin.Instructions: 1. Who are the stakeholders in this situation? 2. Are the president's motives and actions ethical? 3. Can Piqua shield itself against losses of Finlay Inc.?
Answer:
(1)The primary stakeholders in this example are the shareholders of he company who have infused their money expecting it to be used for lawful objects as stated in the charter of the company, the secondary stakeholders can be the environment such as humans.
(2)President actions does not seem ethical, because he wants to save his own job at the expense of polluting the environment what can cause harm to humans, plants and animals.
(3) Since Finlay Inc. has no assets other than $ 10 in patent, it would be very hard to carry the huge losses should lawsuits be filed. In that event, there are going to be huge outflows of cash from the books of Piqua, and the stockholders would want to know why or the reason.
Explanation:
Solution
Given that:
(1)The primary stakeholders in this case, are the shareholders of the company, who have infused their money expecting it to be used for lawful objects as stated in the charter of the company. The secondary stakeholder could be the environment comprising of the fauna,flora, and humans, as the spray can be a serious pollutant in the environment.
(2) The president's actions and reasons are does not seem ethical
Firstly, he wants to save his own job at the expense of polluting the environment, and possibly causing various harm to animals,plants, and even humans.
Secondly, he does not want to share the contingent liabilities that may occur with the stockholders, that may lead to erosion in shareholder value.
The third reason is,in order to keep these liabilities off the balance sheet of Piqua Chemical Corp., he has developed a SPV for carrying the losses from lawsuits.
Hence, there is no limpidity here, and he has committed a breach of trust. The president of the company, as the agent of the company and its stockholders stands in a relationship that is fiduciary, and should avoid conflict or issues of interest at all cost.
(3) At the end, it would be hard for Piqua to hide itself from the losses of Finlay Inc.
Since Finlay Inc. has no assets other than $ 10 in patent, how would it be possible to carry the huge losses should lawsuits be applied. In that case, there are going to be huge outflows of cash from the books of Piqua, and the stockholders would want to know the what caused it.
While rooting through the attic, you discover a box of old tax forms. You find that your grandmother made $175 working part-time during December 1964, when the CPI was 31.3. How much would you need to have earned in December 2015, when the CPI was 236.5, to have at least as much real income as your grandmother did in 1964? Give your answer to two decimals.
$
You would need to have earned at least $1322.74 in December 2015 to have the same purchasing power as your grandmother's $175 in December 1964.
What is CPI?CPI stands for Consumer Price Index. It is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The CPI is commonly used as a measure of inflation, as it reflects the price changes in a broad range of goods and services that are typically purchased by households. The index is calculated and published on a regular basis by the Bureau of Labor Statistics in the United States and by similar agencies in other countries.
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Which of the following is true of the Siemens bribery scandal? a not selected option a It stopped before the investigation began. b not selected option b The CEO was involved and condoned it. c not selected option c It seemed to be a long-term pattern. d not selected option d It was a false accusation. e not selected option e The company never admitted it broke the law with its actions.
Answer:
The true statement about the Siemens bribery scandal is:
b The CEO was involved and condoned it.
Explanation:
The 2008 Siemens scandal was an organized and deliberate effort by the company to bribe government officials in order to secure supply contracts from national governments. It was a worldwide act perpetrated by senior management officials with a long-term pattern. The massive bribery attracted a fine of $160 billion. It seems that bribery is an "embedded business culture in the company."
How could quantum computing benefit the Financial Services industry? by enabling complex modeling to optimize portfolios, by predicting market activities months in advance, by ugarantteing double returns for fund managers, by determining future value of cypto-currencies
Determining the future value of cypto-currencies could quantum computing benefit the Financial Services industry. Thus, option (d) is correct.
What is financial?
The term financing refers to borrowing money to go through tough times, saving money, and investing money. Finance is the provision of funds for credit against anything. Types of finance are personal, public, and business finance is the three different categories.
Quantum computing will help our businesses to optimize better investment strategies. They safeguard the financial data of the customers using next-generation cryptography.
As a result, the Financial Services industry by determining the future value of crypto-currencies. Therefore, option (d) is correct.
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