The IRR for Project A is approximately 19.85%, for Project B is approximately 15.25%, and for Project C is approximately 21.24%. If the discount rate for all three projects is 12 percent, Project C would be the preferred project to undertake. The net present value (NPV) of Project A at a discount rate of 12 percent is approximately $12,285.70, for Project B is approximately $17,174.65, and for Project C is approximately $32,623.38.
To calculate the internal rate of return (IRR) for each project, we need to find the discount rate that makes the present value of cash inflows equal to the initial investment. Using the cash flows provided, we can calculate the IRR using trial and error or by using financial software or calculators. The IRR for Project A is approximately 19.85%, for Project B is approximately 15.25%, and for Project C is approximately 21.24%.
To determine which project or projects to undertake at a discount rate of 12 percent, we compare the IRR of each project to the discount rate. If the IRR is higher than the discount rate, the project is considered acceptable. In this case, Project C has an IRR of 21.24%, which is higher than the discount rate of 12 percent. Therefore, Project C would be the preferred project to undertake.
The net present value (NPV) of each project at a discount rate of 12 percent can be calculated by discounting the cash flows to their present values and subtracting the initial investment. The NPV of Project A is approximately $12,285.70, for Project B is approximately $17,174.65, and for Project C is approximately $32,623.38. A positive NPV indicates that the project is expected to generate more value than the initial investment and is therefore considered favorable.
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Choose the best word or phrase to complete each sentence.
________is a financial service that offers a kind of
in the event of unforeseen damage, injury, or loss.
A ________ is the cost of a type of insurance that is paid at regular intervals.
A ________ is money a consumer must pay to share the costs of a payout.
Answer:
Insurance
premium
copayment
Explanation:
Insurance is a financial service that offers a kind of protection in the event of unforeseen damage, injury, or loss.
A premium is the cost of a type of insurance that is paid at a regular interval.
A copayment is a money a consumer must pay to share the costs of a payout
Answer:
Choose the best word or phrase to complete each sentence.
✔ Insurance
is a financial service that offers a kind of
✔ protection
in the event of unforeseen damage, injury, or loss.
A
✔ premium
is the cost of a type of insurance that is paid at regular intervals.
A
✔ copayment
is money a consumer must pay to share the costs of a payout
Explanation:
The concept of limited liability
Answer: Function, The function of the concept of limited liability is to provide the owners of businesses a way to protect their personal assets. For example, if a business is sued, the person seeking compensation cannot go after the personal property of the business' owners.
Types The concept of limited liability gives rise to a variety of different types of business organizations.These include corporations and limited liability companies, all of which are created by the laws of each of the 50 states.
Significance The concept of limited liability plays a significant role in commerce. Absent the concept of limited liability, individuals would shy away from investing in businesses of any type. The vast majority of individuals would not want to put their personal property at risk by becoming involved in a business enterprise.
Features The concept of limited liability restricts the amount of money a person risks to what she invests in a business enterprise
Exception Protections normally associated with the concept of limited liability can be set aside in certain situations. For example, if a business owner co-mingles personal and business assets -- in a common bank account, for example -- an individual with a claim against the business likely can seek compensation from some, if not all, of the business owner's personal assets.
Expert Assistance A business owner facing a situation in which another individual or business makes a claim against the business should seek legal assistance. A qualified attorney not only protects the interests of the business but works to ensure that the owner's personal assets do not end up in jeopardy.
Explanation:
Mark and Anthony are business partners of a franchised bakery. They have reached the end of the current financial year, and they assume that they must pay taxes. Since they have a partnership agreement, what must they submit?
A. Income tax return
B. information return
C. IRS tax claim
D. article of organization
E. policy document
Answer:
B. Information return
Explanation:
Corporations, trusts, individuals, estates, partnerships, that engage in business or trade and make transactions which are reportable shall report the transactions by filing an information return with the IRS, that indicates the amount a person received as payment within the calendar year on which the information return is based
The details on the information return can be used for ensuring that the tax returns are correctly filed
Payments made by owners of businesses such as compensation for nonemployee and employee requires the filing of an information return
It is important to save a copy of the information returns being filed each year
Social workers help to improve the quality of life for their clients.
A-True
B-False
Hurry
Answer:
A
Explanation:
Answer:
I think True
Explanation:
You created a new strategy for lawncare services that involves assessing lawn health, applying the correct herbicides and pesticides and other necessary solutions to quickly bring a lawn back to health. What are three things you will need to consider regarding the mass delivery of your service? (Choose thee)
A) Developing the product website and social media campaign
B) Establishing quality control measures and accountability
C) Setting up your test marketing strategy
D) Training employees with the knowledge to consistently deliver the service
E) creating an effective demonstration of your service for potential customers.
F) finding a source of materials to support your service.
Explanation:
A ) Step 1: Define Your Social Media Campaign Goals
Step 2: Identify the Social Media Channels You’ll Use
Step 3: Plan Your Social Media Campaign Strategies
Step 4: Choose the Metrics You Want To Monitor
Step 5: Create a Social Media Content Calendar
Step 6: Design Your Marketing Assets Using Free Online Tools
Step 7: Schedule Your Content Using Social Media Management Tools
Step 8: Manage Your Campaign
Step 9: Analyze the Results
B) Set your quality standards. ...
Decide which quality standards to focus on. ...
Create operational processes to deliver quality. ...
Review your results. ...
Get feedback. ...
Make improvements.
C ) Create a Sample Product/Service Prototype. ...
Determine Your First Testing Audience. ...
Establish Your Testing Method. ...
Ask the Right Questions. ...
Listen with an Open Mind. ...
Analyze Feedback, Tweak Your Product/Service.
D ) Training gives everyone a great understanding of their responsibilities and the knowledge and skills they need to do that job. This will enhance their confidence which can also improve their overall performance.
E )Customize your demo. Every customer is unique, so every demo should be uniquely matched to that customer. ...
Tell the customer's story. ...
Rehearse, rehearse, rehearse. ...
Test everything beforehand. ...
After the demo, close the deal.
F )Check the domain name. ...
Take a closer look at the source. ...
Search for additional information to back up what you've found. ...
Use certain sources only to jump-start additional research.
Real Estate Question
A buyer is purchasing a property for $500,000. He has a down payment of $50,000 and is financing the rest. What's the amount of the loan origination fee if the lender charges one-and-a-half points? Please explain your work as well.
Answer Choices:
$5,000
$6,750
$750
$7,500
Answer:
Amount of the loan origination fee = $7,500
Explanation:
Given:
Purchase cost of house = $500,000
Down payment cost = $50,000
Lender charges point = 1.5 points[%]
Find:
Amount of the loan origination fee
Computation:
Amount of the loan origination fee = Purchase cost of house x Lender charges point
Amount of the loan origination fee = 500,000 x 1.5%
Amount of the loan origination fee = $7,500
What is a sales lead? A. An employee on the customer service team who deals with existing customers B. A sales person who works on a residual commission structure C. An expert in Maslow's hierarchy of needs D. A potential customer who has shown interest in the company's product.
A sales lead is the company's product potential customer who has an interest in the product. Thus, option D is correct.
A sales lead is defined as the prospect with the ability to turn into a customer. The leads expressed their interest in the product by sorting, clicking links, searching the web, etc.
What are the features of sales leads?The sales leads are the consumer with the potential to become customers of the company's product. The leads express their interest in the product and increase the sales.
The market analysis and study of sales lead by the company helps in the formulation of the strategy for the increased market revenue.
Thus, sales leads are the potential customer that shows interest in buying the company's product. Thus, option D is correct.
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do you think a proposal to abolish limited liability for stockholders would be supported by companies issuing stock? (click to select) . stocks would become much (click to select) attractive as an investment, making it (click to select) costly for firms to raise funds by issuing stock.
Answer:
I don't think a proposal to abolish limited liability for stockholders would be supported by companies issuing stock. Abolishing limited liability would make stocks less attractive as an investment, since investors would be exposed to more risk. This would make it much more costly for firms to raise funds by issuing stock, as they would have to offer higher returns to potential investors to attract them. Additionally, this kind of reform would require a significant increase in regulation and oversight, leading to additional compliance costs for the companies themselves.
which savings account will earn you the most money
A: One that compounds interest monthly
B: One that earns simple interest monthly
C: One that compounds interest daily
D: One that earns simple interest daily
What is the most easy career you can take that still gets you a decent amount of money?
Answer: Entrepreneur
Explanation:
Being self employed
Creating satisfied customers in order to ensure future sales requires customers to?
Creating satisfied customers in order to ensure future sales requires customers to. Believe that a brand offers superior value after they have used it.
What is Customer Satisfaction?
This refers to the utility that a customer gains from using a product that makes him want to use it again.
Hence, we can see that Creating satisfied customers in order to ensure future sales requires customers to. Believe that a brand offers superior value after they have used it.
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____ an business that is able to raise capital by selling shares on the stock market
Answer:
public limited company
Explanation:
shares of public limited companies can be freely brought and sold on the sock market .
•Critically discuss the reason that prompted or encouraged such a corrupt practice to occur in a well-established and reputable company like Theranos.
•Analyze the performance of Theranosfrom the year 2015 to the year 2018. Do you think that there are other reasons beyond the corruption scandal that may have affected their performance?
•Do you think the incorporation of the triple bottom line could have avoided this scandal? Speculate. Do you think that incorporation of the triple bottom line framework can mitigate or eliminate the corrupt practice in any company?
The corrupt practices that occurred in Theranos, a well-established and reputable company, can be attributed to several factors. These include the pressure to deliver on promises made to investors and stakeholders, a culture of secrecy and fear of failure, and the personal motivations and actions of key individuals within the company.
Additionally, besides the corruption scandal, Theranos faced several other challenges that impacted its performance between 2015 and 2018, including regulatory issues, technological limitations, and the erosion of trust in the company. While the incorporation of the triple bottom line framework, which considers social, environmental, and financial impacts, could have potentially helped prevent the scandal, it is not a foolproof solution. It can provide a holistic perspective and encourage ethical practices, but ultimately, the effectiveness of such frameworks depends on the commitment and integrity of the individuals involved.
The corrupt practices in Theranos were prompted by a combination of factors. One major factor was the immense pressure placed on the company to deliver on its promises. Theranos had attracted significant investments and garnered a high level of media attention, leading to heightened expectations. This pressure to live up to the hype may have driven some individuals within the company to engage in fraudulent practices to maintain the illusion of success.
Additionally, Theranos had cultivated a culture of secrecy and fear of failure. The company's founder, Elizabeth Holmes, created an environment where employees were discouraged from questioning or challenging the company's claims and practices. This culture may have allowed unethical behavior to go unchecked, as employees felt compelled to comply with the prevailing narrative rather than raise concerns.
Moreover, the personal motivations and actions of key individuals played a role in the corruption scandal. Elizabeth Holmes, as the charismatic leader of the company, played a central role in perpetuating the deception. Her desire for success, fame, and personal enrichment seemingly drove her to engage in fraudulent activities, disregarding the potential harm caused to patients and investors.
In analyzing Theranos' performance from 2015 to 2018, it is evident that the corruption scandal was not the sole factor impacting the company. Theranos faced numerous other challenges during this period. Regulatory issues arose when concerns were raised about the accuracy and reliability of the company's blood-testing technology. These concerns led to investigations by regulatory bodies and the subsequent banning of Theranos' founder and former president from owning or operating a medical laboratory for a period of time.
Furthermore, technological limitations posed a significant obstacle. Theranos' claims of being able to conduct a wide range of tests using just a few drops of blood were met with skepticism and scrutiny from experts in the field. The company struggled to validate its technology and faced challenges in meeting regulatory standards.
Additionally, the erosion of trust in Theranos further impacted its performance. As the extent of the corruption and deception became public, the company's reputation suffered greatly. Investors and partners withdrew their support, and legal battles ensued. This loss of trust damaged Theranos' credibility and hindered its ability to attract new investors and partners.
While the incorporation of the triple bottom line framework, which considers social, environmental, and financial impacts, could have potentially helped prevent the scandal, it is not a guaranteed solution. The triple bottom line approach encourages companies to consider ethical and sustainable practices, fostering transparency and accountability. By emphasizing social responsibility, environmental stewardship, and financial viability, companies can develop a more holistic approach to decision-making.
However, the effectiveness of such frameworks ultimately depends on the commitment and integrity of the individuals involved. In the case of Theranos, the corrupt practices occurred despite the presence of regulatory frameworks and guidelines in the healthcare industry. The unethical behavior of key individuals within the company overrode the potential benefits of incorporating the triple bottom line approach.
While the triple bottom line framework can promote ethical practices and help identify potential risks, it cannot eliminate the possibility of corrupt practices entirely. To mitigate and prevent corrupt practices, a combination of strong corporate governance, regulatory oversight, ethical leadership, and a culture that encourages transparency and accountability is necessary.
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Students usually attend a vocational school for _____ years or less.
A.1 B.2 C.3 D.4
Answer:
2
Explanation:
Answer:
four
Explanation:
if u think bout it its four years and makes more sence and mroe realistic
Gloria Catering provided $1,000 of catering services and billed its client for the amount owed. Determine the general journal entry that Gloria Catering will make to record this transaction.
The general journal entry that Gloria Catering will make to record this transaction is: Debit Accounts receivable $1000; Credit Catering revenue $1000.
Journal entryAssuming Gloria Catering provided the amount of $1,000 of catering services and billed its client for the amount owed. The appropriate journal entry to record this transaction is :
Gloria Catering Journal entry
Debit Accounts receivable $1000
Credit Catering revenue $1000
(To record account receivable)
Inconclusion the general journal entry that Gloria Catering will make to record this transaction is: Debit Accounts receivable $1000; Credit Catering revenue $1000.
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PLEASE HELP! IN A TEST! A salesperson may sell from a distance except when it involves _____.
A. contacting people through email messages
B. contacting people who have opted
out of receiving sales messages
C. letting customers place orders on a company's website
D. contacting people through telemarketing
Answer:
b
Explanation:
A salesperson may sell from a distance except when it involves contacting people who have opted out of receiving sales messages. Thus option (b) is correct.
Who is a salesperson?A salesperson is a person who is employed by a company or organization to sell products or services to customers. The primary role of a salesperson is to identify potential customers, establish relationships with them, and persuade them to purchase the company's products or services.
They may use a range of techniques to sell, including advertising, direct marketing, and personal selling. Successful salespeople typically have strong communication, interpersonal, and negotiation skills, and are able to build trust and rapport with customers.
If a person has opted out of receiving sales messages, the salesperson is not allowed to contact them for marketing purposes. Therefore, option (b) is correct.
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vina gives each of her subordinates customized feedback to help them overcome their specific challenges and meet their career goals. the facet of transformational leadership she is showing is:
In this case, the facet of transformational leadership vina is showing is: Intellectual stimulation.
What is Intellectual stimulation?To be intellectually stimulated, a leader must promote creativity, innovation, critical thinking, and problem-solving. Intellectual stimulation involves inspiring followers' ideas and imaginations as well as encouraging their capacity to recognize difficulties and come up with inventive solutions.
What kinds of things stimulate the mind?
Better cognitive outcomes later in life were linked to higher levels of schooling, mentally challenging professions, and leisure cognitive activities like solving puzzles, picking up new skills, and enrolling in classes.
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what two themes are consistent with this chapter’s examination of sport organizations?
A. Organizational politics and inclusion
B. Honesty and inclusion
C. Democratic inclusion and fairness
D. Cheating and politics
Based on the provided options, the two themes that are consistent with this chapter's examination of sport organizations are: Democratic inclusion and fairness and Cheating and politics. The correct answer is option c and d.
C. Democratic inclusion and fairness: This theme suggests that the chapter explores the importance of including diverse perspectives and ensuring fairness within sport organizations. It may discuss how democratic processes and decision-making can contribute to a more inclusive and equitable environment.
D. Cheating and politics: This theme implies that the chapter delves into the issues of cheating and the presence of politics within sport organizations. It may examine instances of unethical behavior, power struggles, and the influence of politics on decision-making processes within these organizations.
These two themes highlight different aspects of the examination of sport organizations, addressing issues related to inclusivity, fairness, integrity, and the potential challenges they face.
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Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. She prices the cupcakes at $0.50 each. With in 15 minutes she has sold all of her cupcakes, and through out the day teachers and students ask her if she has anymore.
This market model is in a [______]?
This is for a economics class I didn't know what catagory to pick
Answer:
Shortage
Explanation:
I got it correct because I watched the given recording.
Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. This market model is in a "competitive market".
Georgina operates in a competitive market characterized by high demand and a desirable product: her cupcakes. The price point of $0.50 each aligns with the perceived value which is resulting in swift sales within 15 minutes.
Subsequent inquiries from both teachers and students demonstrate sustained interest indicating that Georgina's cupcakes have achieved product-market fit.
Georgina's success in selling all cupcakes swiftly and generating ongoing inquiries highlights a well-balanced market equilibrium within the school community.
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are outstanding credit card balances counted as part of the money supply?group of answer choicesno; credit card balances reflect funds that have been borrowed. unlike money, they are a liability.
Outstanding credit card balances are not typically counted as part of the money supply.
This is because credit card balances represent funds that have been borrowed and are therefore a liability rather than a form of money. While credit card balances can be used to make purchases and payments, they do not represent a direct injection of money into the economy.
Instead, credit card balances can impact the overall level of consumer spending and borrowing, which can have indirect effects on the money supply. Overall, while credit card balances are an important aspect of personal finance and economic activity, they are not typically included in measures of the money supply.
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The stage during which a new product has gained some acceptance, thus causing first-time buyers to eagerly acquire the product and accelerate demand, is the ______ stage.
The stage during which a new product has gained some acceptance, thus causing first-time buyers to eagerly acquire the product and accelerate demand, is the growth stage.
The Growth Stage is a phase in the Product Life Cycle during which demand for a product grows rapidly, as a result of first-time buyers' eagerness to acquire the product. The growth phase, which is marked by a sharp rise in sales, is the second stage of the product lifecycle.
During this stage, businesses strive to develop their market share and build customer loyalty by increasing product availability, expanding marketing campaigns, and improving product features.
The following are some of the characteristics of the growth phase: Sales volumes increase rapidly: In the growth stage, sales volumes increase rapidly, and demand for the product rises as first-time buyers eagerly acquire it. This happens when the product has met a need and received positive feedback, resulting in word-of-mouth advertising.
As demand grows, the company can benefit from economies of scale, reducing the unit cost of production.
Marketing: To build customer loyalty and increase brand awareness, companies usually ramp up marketing campaigns during the growth stage. Marketing campaigns may include product demonstrations, advertising, sponsorships, and events. Companies may use several media outlets, including social media, print media, and broadcast media, to expand their reach.
Product features: Businesses in the growth stage may improve the quality of their product to gain a competitive edge. These changes can include adding new features, reducing the cost of production, or improving the quality of the product. To conclude, the growth stage is when a new product gains acceptance, and there is rapid growth in sales.
Businesses strive to develop their market share, improve their product features and expand marketing campaigns to increase their customer loyalty and brand awareness during this phase.
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What is the outlook for marketing career opportunities
A The number of jobs in marketing is falling
B The number of jobs in marketing will remain steady
C no one knows what the outlook is for jobs in marketing
D The number of jobs in marketing is on the rise
Answer:
D The number of jobs in marketing is on the rise
Explanation:
The outlook for marketing career opportunities is The number of jobs in marketing is on the rise. Thus the correct option is D.
What is a Career?A career is referred to what an individual chooses as a profession to earn something. A career of an individual is based on his talents, skills, and abilities which help him to seek growth and development and achieve the goals of life.
The outlook for marketing career opportunities is typically bright, As the demand for marketing professionals grows, This expansion is being driven by the growing importance of marketing in today's business environment and its significance.
Aside from marketing managers, there are numerous other marketing careers accessible, such as market research analysts, public relations specialists, and digital marketing specialists which brings career prosperity and growth.
Therefore, option D is appropriate.
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The North American company (Caterpillar Tractor) takes 25.13 hours to produce mining equipment and 17.26 hours to produce construction equipment. The Japanese company (Komatsu) takes 16.56 hours to produce construction equipment and 23.48 hours to produce mining equipment.
Based on those indicated, compare the production of companies in the United States (Caterpillar) and Japan (Komatsu) and:
1. Prepare the respective table.
2. Indicate and support which country has the absolute advantage and in which products. Indicate and support numerically which country has the comparative advantage and in which product.
Time taken by Caterpillar Tractor and Komatsu for producing mining equipment and construction equipment Caterpillar Tractor Komatsu Mining equipment 25.13 hours23.48 hours Construction equipment 17.26 hours 16.56 hours.
Absolute advantage refers to the country's ability to produce goods more efficiently and quickly compared to another country. A country can have an absolute advantage in producing a product when it requires fewer resources, including time, to produce it compared to another country. From the table given above, we can see that Caterpillar Tractor requires more time for producing mining equipment than Komatsu, and Komatsu requires more time for producing construction equipment than Caterpillar Tractor.
Hence, none of the countries have an absolute advantage in producing both the goods. Comparative advantage refers to the country's ability to produce goods at a lower opportunity cost than another country. A country can have a comparative advantage in producing a product if it sacrifices fewer resources in the production of a good than another country.To calculate the comparative advantage, we need to calculate the opportunity cost of each country in producing each product. The opportunity cost of a product is defined as the number of units of one product that are forgone to produce one unit of another product.
Here is the table for the opportunity cost calculation given below:-Opportunity cost of producing mining and construction equipment by Caterpillar Tractor and KomatsuCaterpillar TractorKomatsuMining equipment (opportunity cost of producing 1 unit of construction equipment)25.13 / 17.26 = 1.46 hours23.48 / 16.56 = 1.42 hoursConstruction equipment (opportunity cost of producing 1 unit of mining equipment)17.26 / 25.13 = 0.68 hours16.56 / 23.48 = 0.70 hoursFrom the table given above, we can see that Komatsu has a lower opportunity cost in producing both mining and construction equipment. Hence, Japan has a comparative advantage in producing both mining and construction equipment with respect to the USA (Caterpillar Tractor). Thus, Japan should focus on producing both mining and construction equipment and exporting it to the USA.
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Net Income and OCF [LO2] During 2009, Raines Umbrella Corp. Had sales of $730,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $580,000, $105,000, and $135,000, respectively. In addition, the company had an interest expense of $75,000 and a tax rate of 35 percent. (Ignore any tax loss carryback or carryforward provisions. ) a. What is Raines's net income for 2009? b. What is its operating cash flow? c. Explain your results in (a) and (b)
Raines Umbrella Corp.'s net income for 2009 was $107,250 and Raines Umbrella Corp.'s operating cash flow for 2009 was $242,250
a. To find the net income, we need to start with the company's revenue and subtract all expenses, including interest expense and taxes:
Revenue = $730,000
Cost of goods sold = $580,000
Administrative and selling expenses = $105,000
Depreciation expenses = $135,000
Interest expense = $75,000
Earnings before taxes (EBT) = Revenue - Cost of goods sold - Administrative and selling expenses - Depreciation expenses - Interest expense
EBT = $730,000 - $580,000 - $105,000 - $135,000 - $75,000
EBT = $(165,000)
Taxes = EBT * Tax rate
Taxes = $(165,000) * 35%
Taxes = $57,750
Net income = EBT - Taxes
Net income = $(165,000) - $57,750
Net income = $107,250
Therefore, Raines Umbrella Corp.'s net income for 2009 was $107,250.
b. To find the operating cash flow (OCF), we need to start with the company's net income and add back non-cash expenses like depreciation:
Net income = $107,250
Depreciation expenses = $135,000
OCF = Net income + Depreciation expenses
OCF = $107,250 + $135,000
OCF = $242,250
Therefore, Raines Umbrella Corp.'s operating cash flow for 2009 was $242,250.
c. Raines Umbrella Corp. had a net income of $107,250 for 2009, meaning that after all expenses and taxes were paid, the company had a profit of $107,250. This is a measure of the company's financial performance over the years.
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What does a good credit history do for consumers?
A. It helps them reduce their housing costs.
B. It allows them to get debit cards,
C. It makes it easier for them to get loans.
D. It keeps prices low.
SUBMIT
Answer:
C. It makes it easier for them to get loans.
Explanation:
Credit history shows how reliable a borrower is in repaying loans. A good credit history indicates that a person pays their debts on time. A customer with a good credit history manages their income and debts properly and is considered a low-risk borrower.
Lenders are always willing to offer credit facilities to customers with a good credit history. They view them as less likely to default on their debts.
Western company determines the cost of its inventory is $410,000 and net realizable value is $400,000. western company should:____.
Western company should record inventory at net realizable value that is $400,000. The lower of cost and net realizable value approach may be used for individual inventory items, categories of inventory, or the total inventory for financial reporting purposes.
GAAP permits the application of LCNRV to specific items, groups of items, or the entire inventory. When determining an asset's value for the inventory accounting, the net realizable value method is frequently utilized. Accounts receivable and inventory are two of the biggest assets that a firm may disclose on a balance sheet. Both of these asset classes are valued using the NRV method.
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Supply of a product is likely to go down in which situation?
A. Businesses expect the product's price to rise.
B. New technology makes the product cheaper to produce.
C. Skilled workers join companies that make the product.
D. The government raises taxes on the product.
a retailer acquires merchandise for resale. how would this be recorded in a perpetual inventory system?
according to the forecast, which of the following is an accurate conclusion?: * (a) the events of snow and hail are independent (b) the events of snow and hail are disjoint (c) either snow or hail will definitely occur (d) the events of snow and hail are complementary
According to the forecast the events of snow and hail are independent.
The weather and climate are not independent. The disarray comes from weather and climate being personally associated with one another, and this disarray is many times featured in conversations about our evolving climate. Weather and climate are not independent. The midpoints of day to day weather are utilized to screen climate. Changes in climate lead to changes in weather examples including limits. A simple method for recalling the thing that matters is that climate is what you anticipate, similar to a warm summer, and weather is what you get, similar to a cool day in August. Our people group and ranches are impacted by more limited weather occasions. Their drawn out maintainability is impacted by climate and climate fluctuation ascribed to regular cycles and human exercises.
The weather and climate are interwoven. After some time, the weather structures the climate and impacts the climate (soil, hydrology, plants, and creatures), and monetary suitability of our human frameworks.
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The FUNCTIONS of Money: a. The statement, "My iPhone is worth $500" represents money's function as b. What function is money serving when you keep it in a savings account until you need it in the future to buy something ? c. When the local supermarket accepts your $5 bill in exchange for bread and milk, the $5 is serving money's function as a
When the local supermarket accepts your $5 bill in exchange for bread and milk, the $5 is serving money's function as a medium of exchange.
a. The statement, "My iPhone is worth $500" represents money's function as a store of value. b. The function that money is serving when you keep it in a savings account until you need it in the future to buy something is serving money's function as a store of value. c. When the local supermarket accepts your $5 bill in exchange for bread and milk, the $5 is serving money's function as a medium of exchange. Among the three major functions of money, which include a store of value, a medium of exchange, and a unit of account, here's the way the following apply: a. The statement, "My iPhone is worth $500" represents money's function as a store of value. This function represents the ability of money to maintain value over time. In this sense, you can save your iPhone as a store of value because its value won't decline even if you don't use it. b. The function that money is serving when you keep it in a savings account until you need it in the future to buy something is serving money's function as a store of value. This function of money refers to the way it serves as a means of saving wealth for the future. People can save their money in a savings account, for example, and then use it later to purchase a big-ticket item like a house or a car. c. When the local supermarket accepts your $5 bill in exchange for bread and milk, the $5 is serving money's function as a medium of exchange. This function of money refers to the way it allows for the exchange of goods and services between buyers and sellers. In this way, the local supermarket will use the $5 to purchase bread and milk, and you can use it to get the goods you need.
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