Now, suppose you wanted to open a fast-food restaurant in your local community. Answer the following in 350 to 525 words: - Determine what your supply chain will look like, including any suppliers or vendors you might use. - Assess how you could employ Lean tools in producing mena selections in your restaurant. Describe your process(es) for taking and filing customer orders. - Provide 2 examples and descriptions of the Four M's within your business. - Evaluate how you would measure employee performance within your restaurant. - Determine what indicators of "winning" and "losing" you would implement to drive positive employee performance in your business. - Assess what quality, cost, delivery, and safety metrics need to be measured in your restaurant.
Answers
To open a fast-food restaurant in the local community, the supply chain would involve identifying suppliers or vendors for various ingredients and materials needed in the restaurant's operations.
Lean tools can be employed to optimize the production of menu selections by eliminating waste and streamlining processes. Taking and filing customer orders would require implementing efficient order-taking processes.
Two examples of the Four M's within the business could be the Menu (offering a variety of meal options) and the Manpower (hiring and training staff).
Employee performance can be measured through various metrics, and indicators of winning and losing can be implemented to drive positive performance. Quality, cost, delivery, and safety metrics need to be measured to ensure efficient and effective operations in the restaurant.
In setting up a fast-food restaurant, the supply chain would involve establishing relationships with suppliers or vendors for various ingredients and materials.
This would include sourcing fresh produce, meat, bread, condiments, packaging, and other necessary items. Selecting reliable and quality-conscious suppliers is essential to maintain the freshness and consistency of the food served.
The application of Lean tools can significantly enhance the production of menu selections in the restaurant. Techniques such as value stream mapping can help identify and eliminate non-value-added activities, reducing waste and improving efficiency.
Standardizing processes, implementing visual management, and practicing continuous improvement can further optimize production operations.
For taking and filing customer orders, the process would involve implementing an efficient order-taking system. This could include options for both in-person and online ordering, providing clear menu descriptions, streamlining the order placement process, and ensuring accurate recording and filing of customer orders for efficient kitchen operations.
Examples of the Four M's within the business include the Menu and Manpower. The Menu refers to the variety and quality of meal options offered to customers. A well-designed menu with appealing and diverse choices can attract a wider customer base and cater to different preferences.
Manpower represents the human resources aspect, involving hiring, training, and managing staff. It includes recruiting skilled and customer-oriented employees, providing comprehensive training programs, and fostering a positive work culture.
To measure employee performance, key metrics such as speed of service, order accuracy, customer satisfaction ratings, and teamwork can be utilized. Regular performance evaluations, feedback sessions, and recognition programs can further encourage and motivate employees to excel in their roles.
Indicators of winning and losing can be implemented to drive positive employee performance. For example, setting targets for service speed, order accuracy, and upselling can create a sense of competition and incentivize employees to strive for excellence.
Recognizing and rewarding top performers can reinforce positive behaviors and drive continuous improvement.
In terms of quality, cost, delivery, and safety metrics, the restaurant would need to measure factors such as food quality inspections, ingredient costs, inventory management, on-time delivery of supplies, and adherence to safety protocols.
Monitoring these metrics ensures consistent quality, cost-effective operations, timely supply chain management, and a safe environment for employees and customers. Regular analysis and review of these metrics can help identify areas for improvement and maintain high standards of performance.
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Related Questions
Bart's Inc. operates retail stores in various cities. Segmented income statements are prepared for each store and for each product line in each store. The property tax for the store is a(n)____fixed cost for the store, and a(n)_____fixed cost for each product line sold in the:______.
Answers
The words that complete the statement on Segmented income are
Traceable common StoreSegmented Income StatementWith Bart's Inc. being the company in question, A segmented income provides information by breaking down revenues and expenses by business unit, like in our case the various product lines product line
Therefore The property tax for the store is a(n) Traceable fixed cost for the store, and a(n) common fixed cost for each product line sold in the Store
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A budget is prepared as part of a(n) _____ plan.
Answers
Answer:
Financial
Explanation:
Answer:
A budget is part of a financial plan.
Explanation:
Financial work is anything having to do with money, and a budget is a plan for spending money. Therefore, budgets are part of a finance plan!!
Why is strategic control important in monitoring
strategic implementation? Mention examples of behavior controls ,
output controls and input controls ?
Answers
Strategic control is crucial in monitoring strategic implementation because it ensures that the organization's strategies are being executed effectively and that progress is made towards achieving strategic objectives. It helps to identify deviations, assess performance, and take corrective actions as necessary, ensuring that the organization stays on track.
Examples of behavior controls:
1. Training and development programs: These programs focus on developing the skills and competencies of employees to align their behavior with the desired strategic objectives.
2. Performance management systems: These systems establish clear performance expectations, provide regular feedback, and reward employees based on their adherence to strategic goals and desired behaviors.
3. Code of conduct and ethical guidelines: These guidelines outline expected behavior and ethical standards that employees should follow in their interactions and decision-making processes.
Examples of output controls:
1. Key performance indicators (KPIs): These are specific metrics that measure the outputs and outcomes of strategic initiatives. By tracking KPIs, organizations can assess the effectiveness of their strategies and make adjustments accordingly.
2. Financial performance measures: Financial indicators, such as revenue growth, profitability, and return on investment, are used to evaluate the financial outcomes resulting from strategic implementation.
3. Customer satisfaction surveys: These surveys provide feedback on customer perceptions and satisfaction levels, helping organizations assess whether their strategic initiatives are meeting customer expectations.
Examples of input controls:
1. Budgeting and resource allocation: Organizations use budgets to allocate resources to different strategic initiatives. By controlling the input of resources, organizations can ensure that the necessary resources are available for strategic implementation.
2. Strategic planning processes: The strategic planning process itself acts as an input control by determining which strategies to pursue and ensuring alignment with organizational goals and resources.
3. Selection and recruitment processes: By carefully selecting and recruiting individuals whose skills and capabilities align with the strategic objectives, organizations can control the input of human resources in strategic implementation.
Overall, behavior controls focus on shaping employee behavior, output controls monitor the results and outcomes of strategic initiatives, and input controls ensure the availability of necessary resources for strategic implementation. Employing a combination of these controls enables organizations to effectively monitor and adjust their strategic implementation efforts.
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your firm is selling a 3-year old machine that has a 5-year class life. the machine originally cost $580,000 and required an investment in net working capital of $5,000 at the time of installation (recoverable when the machine is no longer in use). your firm is selling the asset for $180,000. your firm's marginal tax rate is 34%. what is the cash flow effect from selling this machine?
Answers
The cash flow to sales ratio demonstrates a company's capacity to produce cash flow in proportion to its amount of sales. The net cash flow is $ 195593.6.
What is the impact of selling this machine on cash flow?First lets calculate the After depreciation net book value of the machine by computing depreciation as per MACRS 5-year class
Year 1 % Dep = 20%
Year 2 % Dep = 32%
Year 3 % Dep = 19.20%
So NBV of machine after 3 years
= 580,000 - (580000*0.20)-(580000*0.32)-(580000*0.1920)
=$167,040
We calculate the net taxable value of the gain as
=180,000 - 167040 = $12,960
Tax = 12960*0.34 = $4406.4
Thus the net cash flow proceeds from the sale of machine are as follows,
NCF = 180,000 - 4406.4 + 20,000 = $195593.6
where $20,000 is the freed working capital.
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A student of mass of 65kg takes 10s to run up a flight of stairs of 40steps. lf each step is 12cm high,calculate the potential energy of the student at a maximum height. take gravity =10m/s2
Answers
Answer:
Eg=mgh
Eg=gravitational potential energy
m=mass (kg)
g=acceleration of gravity
h=height (m)
m=65kg
g=10m/s²
h=40·12=4.8m
Eg=65(10)(4.8)
Eg=3120J
Tony is the head of a company that develops cutting edge technology. His team is working on their next big thing and they are close to a breakthrough. As his team works, Tony spends a good portion of his time making sure each part of his team has what they need to produce their best work. Tony also spends some of his time making sure any potential obstacles to his team are taken care of and coaching his team through some of their challenges.
What type of leadership is Tony practicing here?
A. Laissez-faire
B. Democratic
C. Servant Leader
D. Directing
Answers
Answer:
D- Directing
Explanation:
It can't be laissez-faire because that literally makes zero sense at all. It's not democratic because that would mean that he would have had his team take a vote at some point in time, but this question says nothing about that. It is not servant leader because literally wth is that. It would have to be directing because Tony is giving his team some direction to help them keep moving forward.
According to the following table, which of these factors affects your credit
score the least?
Percent affects score
Max # of points
2973
Factor
wwarded
Payment history
Amount owed
Length of credit
history
New credit
Types of credit
30%
15%
1275
10%
10%
85
85
Answers
Answer: New credit
Explanation:
According to the following table, new credit, of these factors affects your credit score the least. Therefore, option (a) is correct.
What is credit score?Based on a thorough examination of a person's credit files, a credit score is a numerical representation that reflects their creditworthiness. Credit scores are determined by statistically analyzing a person's financial history, which includes their payment history, credit utilization, duration of credit history, categories of credit utilized, and most recent credit queries.
A person who has applied for new credit is said to have credit lines or loans that they did not previously have. One component of a person's credit report, it impacts whether their credit score will increase or decrease. Because it adds a hard query to their credit report, applying for new credit can temporarily lower a person's credit score.
As a result, the significance of the these factors impacts credit score the least are the aforementioned. Therefore, option (a) is correct.
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new england radiology (ner) serves a number of local hospitals with providing a full range of imaging services and differentiates itself by providing personalized high-touch patient care. on their site in andover ma, they operates one mri scanner, two x-ray imaging systems, and two ct scanners. staff is dedicated to its individual unit and is trained to operate only one of the above systems. ner is open 5 days a week, 52 weeks per year, between 8am and 6pm all patients arrive to the reception where they are registered by two clerks. after registration, patients proceed to the common waiting room waiting to be called in for the imaging or scanning service. ner wants to determine its staffing levels for reception clerks for next week. to do this, they first need a forecast for the average number of patients that will need radiology services. they have historical data for the past few weeks in the table below. which type of forecasting method uses only historical data: causal, qualitative, time series, or simulation? please create a 4-period moving average forecast for weekly demand. then compute the measure of error that is most appropriate when the cost of forecast error is proportional to its size. what is the estimate of demand for next week? week demand forecast error absolute error 1 100 2 95 3 102 4 101 5 97 6 103 7 96 8 sme tom 2002 - integration module 2 fall 2020 page 2 of 8 in addition to providing radiology services, ner provides the annual flu vaccine shots for patients. ner could purchase flu vaccines in bulk at a price of $10 per vaccine and the average reimbursement from patient insurance companies was $75 per vaccine. for safety reasons, the company outsourced disposal of excess vaccines at a cost of $5 per vaccine. historically, the average number of flu vaccines provided was 1,200 with a standard deviation of 80. q7. what is the cost per vaccine of exceeding the number of vaccines required? q8. what is the cost per vaccine of not having enough vaccines? q9. how many vaccines should you order?
Answers
The method of forecasting that uses only historical data is time series. The 4-period moving average forecast for next week's demand is 99.25. The cost of overestimating is $65, and the cost of underestimating is $750. The recommended number of vaccines to order is 1,223.
A 4-period moving average forecast for weekly demand can be computed by adding the demand for the previous four weeks and dividing it by four. The measure of error that is most appropriate when the cost of forecast error is proportional to its size is the mean absolute deviation (MAD), which is calculated by taking the absolute value of the forecast error for each week, adding them up, and dividing by the number of weeks.
Using the data provided, the 4-period moving average forecast for next week's demand would be (97 + 103 + 96 + 101) / 4 = 99.25. The MAD is (5 + 6 + 3 + 2) / 4 = 4, so the estimate of demand for next week is expected to be within plus or minus four patients.
To answer the flu vaccine questions:
The cost per vaccine exceeding the number of vaccines required is $5 (the cost of outsourcing the disposal of excess vaccines).
The cost per vaccine of not having enough vaccines is $65 ($75 reimbursement minus $10 cost per vaccine).
Based on historical data, the average number of flu vaccines provided is 1,200 with a standard deviation of 80. Using a safety stock of 1.65 (corresponding to a 95% service level), the recommended number of vaccines to order would be (1,200 + 1.65 * 80) - 1,200 = 132.
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Cover pages should include
a. The name of your class
b. The date you turn in the paper
c. Your teacher's name
d. All of these
Please select the best answer from the choices provided
O A
B
Ос
Answers
Answer:
the answer is D
Explanation:
Because price is not a factor in the eoq formula, quantity discounts will not affect eoq calculations.
true/ false
Answers
FALSE
If quantity discounts are offered, the EOQ might vary based on different holding costs
How do you calculate the economic order quantity?
To calculate the economic order quantity, you will need the following variables: demand rate, setup costs, and holding costs.
The formula is: EOQ = square root of: [2(setup costs)(demand rate)] / holding costs.
Economic order quantity (EOQ) is a calculation that businesses use to determine their ideal order size, allowing them to meet demand while not overspending.
Inventory managers compute EOQ in order to reduce holding costs and excess inventory.
Economic order quantity (EOQ) is a calculation that businesses use to determine their ideal order size, allowing them to meet demand while not overspending.
Inventory managers compute EOQ in order to reduce holding costs and excess inventory.
It makes no difference whether your company sells jelly beans, appliances, furniture, or airplanes.
Finding the economic order quantity for every product you buy will almost certainly have an impact on your bottom line.
Measuring and adhering to the EOQ can benefit any business that manages inventory.
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Prepare a direct materials. budget, including a schedule of expected cash disbursements for purchases of materials.
Answers
Cash Budget
Cash Balance, March 1 $ 11,500
Add Cash Receipts
Collections from Customer $ 34,600
Total Cash Available $ 46,100
Fewer disbursements
Payment to Suppliers $ 24,600
Selling and administrative expenses $ 9,300
Equipment Purchases $ 14,000
Dividend Paid $ 2,000
Total Disbursements $ 49,900
Excess (Deficiency) $ (3,800)
Financing
Borrowing $ 13,800
Repayments
Interest
Total Financing $ 13,800
Cash Balance, March 31 $ 10,000
The main purpose of the cash budget is to project future cash balances and identify potential deficits and surpluses. Based on projected balances, financial professionals develop plans to deal effectively with these situations.
A cash budget is an estimate of a company's cash flow over a period of time. This can be applied to weekly, monthly, quarterly, or yearly budgets. This budget is used to assess whether the company has enough cash to continue operations for the allotted period.
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A direct materials budget is including a schedule of expected cash disbursements for purchases of materials is cash budget.
The direct materials budget calculates the materials that need to be purchased, via time period, if you want to fulfill the requirements of the manufacturing budget. it's miles normally supplied in either a month-to-month or quarterly format in the annual price range.
The method for computation of the acquisition is: purchase in devices = utilization + preferred finishing cloth inventory units − beginning stock devices. The direct material budget is typically followed through a computation of predicted coins payments for materials. The reason of the direct material budget is to determine the amount of raw materials to be bought each length to fulfill the manufacturing wishes and to offer for adequate inventories.
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The requirements of a future payment of a specific or estimated amount of cash, at a specific or projected date are characteristics of debt. Identify another common characteristic, is a part of?
Answers
Debt has the criteria for the a downpayment of a set or estimated quantity of money at a particular or predicted date. Determine a further similarity that belongs to Interest is paid on a regular basis.
What exactly does your interest mean?You interests are the things you prefer to do and learn about. It keeps your interest and piques your curiosity when something is interesting: Nothing very intriguing was discussed.
Which three types of interest are there?There are three different kinds of interest: simple (regular), accumulated, and compound.
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If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answers
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
Why do you think it’s important to find a career that matches your personality? Come up with an example (real or made-up) of a person who has a career/personality conflict and explain what might be some negative consequences of having a career that doesn’t match your personality traits.
Answers
Martin is a credit counselor working with a client, Kim, who is in serious financial trouble. Kim is hesitant because she has a long way to go and a lot of work to do before she can be financially healthy again. What is the best way for Martin to explain the next steps to her?
A.) Martin should present the information in small manageable steps rather than give her a lengthy to-do list.
B.) Martin should make a list of tasks that must be completed and do them for her, since he is an experienced professional.
C.) Martin should compile a list of all the tasks that Kim must complete and suggest that she report back to him after she is finished.
D.) Martin should not encourage her to do anything she is reluctant to do, even if it means salvaging her financial life in the long term
Answers
Answer:
C
Explanation:
C la respuesta es la C ya que
an investment firm advertises certificates of deposit paying a 7.2% effective rate. find the annual nominal rate, compounded weekly, that gives the effective rate.
Answers
The annual nominal rate, compounded weekly, that gives an effective rate of 7.2% is approximately 7.06%.
To determine the annual nominal rate compounded weekly, we can use the formula for the effective rate of interest:
(1 + r/n)^n - 1 = i
Where:
r is the nominal rate,
n is the number of compounding periods per year, and i is the effective rate.
In this case, the effective rate is given as 7.2%, so we substitute i = 0.072. Since the compounding is done weekly, we set n = 52.
Plugging in the values, the equation becomes: (1 + r/52)^52 - 1 = 0.072
To solve for r, we rearrange the equation: (1 + r/52)^52 = 1 + 0.072
Taking the 52nd root of both sides: 1 + r/52 = (1 + 0.072)^(1/52)
Subtracting 1 from both sides: r/52 = (1 + 0.072)^(1/52) - 1
Multiplying both sides by 52: r = 52 * [(1 + 0.072)^(1/52) - 1]
Evaluating this expression gives us the approximate value of r, which is 7.06%. Therefore, the annual nominal rate, compounded weekly, that gives the effective rate of 7.2% is approximately 7.06%.
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jonathan, a salesperson, sells laptops and desktop computers. kevin regularly purchases these goods from jonathan. jonathan understands kevin's buying behavior and makes additional sales to kevin. even though kevin does not actually require these additional goods, he ends up buying them because he has always been satisfied with jonathan's products. this is an example of
Answers
Jonathan, a salesperson, sells laptops and desktop computers. he has always been satisfied with Jonathan's products. This is an example of selling deeper.
A salesperson simply sells a company's products and services and represents its brand. Manage the customer relationship and act as the primary point of contact, from the first contact with the lead to the final purchase.
One of the basic sales skills you need to develop is turning objections into opportunities. Someone with good sales skills can help prospects overcome their hesitation by empathizing with, questioning, and articulating their objections.
Strengths shared by salespeople are drive, determination, and persuasion, regardless of personality type. Social awkwardness, shyness, and fear of rejection are common weaknesses to overcome in order to succeed in sales.
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The normal balance side of any revenue account is the
Answers
Answer:
The answer is the debit side
What is missing from this goal that is preventing it from being a SMART goal?
Goal: I want to be successful right after high school by getting a job.
This goal is NOT
O Specific
0 Measurable
O Attainable
O Relevant
O Timely
Answers
What is a major function of the public sector
Answers
Answer:
Public sector provides many services such as; education, health and social care.
Consider a bond with maturity 2 year, 100 face value, coupon 4.60%, and yield 7.00%. compute a dollar duration numerically using a dy =0.001%. report you result with two digits decimal accuracy and the correct sign. example: -185.95
Answers
The dollar term for security with developing long term, 100 presumptive worth, coupon 4.60%, and yield at 7% is - 0.00174785.
Presently, we should compute the dollar span of this bond.
Security cost at yield 7% = (coupon rate/1 + yield rate) + (coupon rate + 100)/(1 + yield rate) ^2
= 4.6/1.07 + 4.6 + 100/1.07^2
= 4.29906542 + 91.36169098
= 95.6607564
note : with dy = 0.001%, new yield = 7.001%
New security cost with a new yield of 7.001%
= (coupon rate/1 + new yield rate) + (coupon rate + 100)/(1 + new yield rate) ^2
= 4.6/1.07001 + (4.6 + 100)/1.07001^2
= 4.29902524 + 91.35998331
= 95.65900855
Consequently, the dollar span for this bond is = 95.65900855 - 95.6607564
= - 0.00174785.
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True or false. A direct deposit is when you take your check straight to the bank when you receive it
Answers
Answer:
false
Explanation:
What should you, the worker, be aware of with regard to evacuation procedures at your workplace?
(select two answers)
(a) when you get back into the building
(b) evacuation plans
(c) what to do when the emergency has passed
(d) how long the emergencies will last
Answers
With regard to evacuation what one has to be aware of would be
evacuation planshow long the emergencies will lastWhat is meant by evacuation?This is the term that is used to refer to all that would have to be done in order to get all the occupants of a building out of it due to an emergency that is occurring in the building. The need for evacuation is often due to emergency that could cause a loss of life. An example of such incidence would during a fire outbreak.
Hence we can say that With regard to evacuation what one has to be aware of would be
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If you could completely remove something you put online forever, what would it be?
Answers
Answer: Nothing, I just want it all if I would remove something I would of tell you. But I don’t. :)
Explanation:
Based on the sustainable growth rate, which of the following factors affect a firm's ability to sustain growth?
-Profit Margin (PM)
-Financial Policy
-Dividend Policy (d)
Answers
The ability of a firm to sustain growth is influenced by factors such as profit margin (PM), financial policy, and dividend policy (d).
The sustainable growth rate (SGR) measures a firm's ability to maintain its growth over the long term. Profit margin (PM) is an important factor that affects SGR as it indicates the efficiency of the firm's operations. A higher PM implies that the firm is generating more profits from its sales, which provides a solid foundation for sustained growth.
Financial policy also plays a crucial role in determining a firm's ability to sustain growth. This encompasses decisions regarding capital structure, investment in assets, and financial management practices. A well-defined and prudent financial policy can ensure that the firm has access to adequate capital, manages its debt obligations effectively, and makes strategic investments to support growth.
Dividend policy (d) is another factor that impacts a firm's ability to sustain growth. When a firm pays out a larger portion of its profits as dividends, it reduces the retained earnings available for reinvestment in the business. Consequently, a more conservative dividend policy that retains a higher portion of earnings can provide the firm with additional funds for future growth initiatives.
In conclusion, profit margin, financial policy, and dividend policy are all important factors that influence a firm's ability to sustain growth. By maintaining a healthy profit margin, implementing effective financial policies, and adopting a prudent dividend policy, a firm can enhance its chances of achieving sustainable growth in the long run.
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eBook Print References On January 1, 2021, the Highlands Company began construction on a new manufacturing facility for its own use. The building was completed in 2022. The company borrowed $1,500,000 at 10% on January 1 to help finance the construction. In addition to the construction loan, Highlands had the following debt outstanding throughout 2021: $8,000,000, 15% bonds $2,000,000, 10% long-term note Construction expenditures incurred during 2021 were as follows: January 11 March 31 June 30 September 30 December 31 5660,000 1,260,000 Check my work 872,000 660,000 460,000 Required: Calculate the amount of interest capitalized for 2821 using the specific interest method. (Do not round the intermediate calculations. Round your percentage answers to 1 decimal place (i:e. 0.123 should be entered as 12.3 % ).)
Answers
Interest capitalized = $63,117.81 + $425,000 = $488,117.81 The amount of interest capitalized for 2021 using the specific interest method is $488,117.81.
In accounting, capitalization of interest is the process of including an asset's interest cost in the cost of the asset during the asset's construction period.
This implies that the interest incurred during the construction period on the borrowed funds required to finance the construction will be added to the cost of the asset under construction.
In addition, the interest incurred on other funds borrowed and used for other operations during the construction period that would have remained unutilized if the construction project had not been undertaken should also be capitalized.
On January 1, 2021, the Highlands Company borrowed $1,500,000 at a 10% interest rate to help finance the construction of a new manufacturing facility. In addition, Highlands had $8,000,000, 15% bonds and $2,000,000, 10% long-term notes outstanding throughout 2021.
Construction costs for 2021 are as follows: January 11 = $660,000March 31 = $1,260,000June 30 = $872,000September 30 = $660,000December 31 = $460,000Interest capitalized = Interest incurred during construction period + Interest incurred on other funds borrowed and used for other operations during the construction period that would have remained unutilized if the construction project had not been undertaken.
Interest incurred during construction period: For a specific period, the interest incurred during the construction period is calculated using the following formula: Interest incurred during construction period = Expenditure incurred during the construction period x Interest rate (10%) x Time Specific interest = $6,60,000 x 10% x (365 - 11) / 365= $63,117.81 Interest incurred on other funds borrowed and used for other operations during the construction period that would have remained unutilized if the construction project had not been undertaken: Since the 15% bonds and 10% long-term notes were outstanding throughout 2021, their interest payments were already made as per the terms of the agreement.
As a result, the interest expense incurred on other borrowed funds is assumed to be 10% of the average funds that would have remained unutilized if the construction project had not been undertaken.
Average funds that would have remained unutilized if the construction project had not been undertaken: This is computed as the total funds that were outstanding throughout 2021 minus the amount borrowed for the construction of the new manufacturing facility.
$8,000,000 + $2,000,000 - $1,500,000 = $8,500,000Average funds = $8,500,000 / 2 = $4,250,000Interest incurred on other funds = $4,250,000 x 10% = $425,000Total Interest capitalized = Interest incurred during construction period + Interest incurred on other funds borrowed and used for other operations during the construction period that would have remained unutilized if the construction project had not been undertaken. Interest capitalized = $63,117.81 + $425,000 = $488,117.81 The amount of interest capitalized for 2021 using the specific interest method is $488,117.81.
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Describe how online brokerage accounts differ from managed brokerage accounts.
Answers
A managed or discretionary account is just like any other brokerage account, with one important difference. They empower professional investment advisors to manage accounts and execute trades without first consulting the client.
Brokers, also called brokers, are companies that match buyers and sellers of investment vehicles such as stocks and bonds. A brokerage account is often where investors hold their assets. Which type you choose depends on your needs and preferences. A brokerage account is a financial account of an investor who has a licensed broker to buy and sell securities.
Different companies target different investors, depending on their experience, desire for support, and wealth.
Traditional, self-directed online programs are popular with a variety of investors, especially those who prefer to explore and interact with interfaces rather than people.
Human advisors are a better option for those who prefer to interact more directly with financial professionals. Robo-advisors automate investments and use technology to manage portfolios.
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A registered securities agent has been contacted by an independent venture capitalist to obtain customers for a private placement that he is forming. Which statement is TRUE?
A) the agent is prohibited from directing customers to the venture capitalist
B) The agent is permitted to direct customers to the venture capitalist without restriction
C) the agent is permitted to direct customers to the venture capitalist with the permission of the Administrator
D) the agent is permitted to direct customers to the venture capitalist if the agent has posted a surety bond
Answers
Answer: A) the agent is prohibited from directing customers to the venture capitalist
Explanation:
This could be similar to a selling away, where he's putting his customers into a security firm which they are not much aware of in a transaction that they are not supervising.
Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehicles/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?
Answers
Answer:
Option A
Explanation:
The complete question is
Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehicles/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?
a) 2 hours
b) 1 hour
c) 1 hour and 40 minutes
d) 90 minutes
Solution
There are four lanes.
Capacity of one lane is equal to 1,000 vehicles/lane/hour.
Let us say that each lane will provide access to equal number of vehicles
Thus, each lane will allow 10,000/4 = 2500 vehicles per hour
Time taken by 2500 vehicles on road to reach parking is equal to 2.5 hours.
The nearest answer to this option A i.e two hours
One possible disadvantage of modular design is?
a. training costs increase b. the inability to disassemble some modules in order to replace a faulty part. c. individual parts lose their identities d. failure diagnosis is more complex e. inventory problems arise
Answers
One possible disadvantage of modular design is the inability to disassemble some modules in order to replace a faulty part. The correct option is B
This can lead to increased maintenance costs and longer downtimes. Additionally, failure diagnosis can be more complex as it may be difficult to identify which module is causing the problem.
In some cases, individual parts may lose their identities as they are combined into a module, making it more difficult to track and manage inventory. '
However, these disadvantages can be mitigated through careful planning and design, as well as training employees on how to properly maintain and repair modular systems. Overall, the benefits of modular design, such as increased flexibility and scalability, often outweigh the potential disadvantages.
To know more about modular design refer here:
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