There are three basic business valuation approaches. they are the income approach, the market approach, and the book value approach is a False statement.
What is business ?
A business is an organisation or entrepreneurial entity that engages in commercial, industrial, or professional activities. Businesses can be nonprofit organisations or for-profit enterprises. Among the many business structures are partnerships, corporations, limited liability companies, and sole proprietorships.
There are three basic business valuation approaches. They are the income approach, the market approach, and the book value approach is a false statement.
There are three approaches for valuing a company:
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c) If the forecasted demand for the week of August 31 is 360 and alpha = 0. 20, using exponential smoothing, develop the forecast for each of the weeks with the known demand and the forecast for the week of October 12 (round your responses to two decimal places
Forecasts using exponential smoothing = 374.64
Alpha = 0.2
Forecast = (Yt * 0.2) + (St * ((1 - 0.2))
yt = the prior real demand.
St = the earlier forecast
September 21 forecast = (410 * 0.3) + (365.8 * (1 - 0.7))
September 21 forecast = 374.64
Using the exponential window function, exponential smoothing is a general method for blending time series data. In contrast to the ordinary moving average, which weights historical data evenly, exponential functions use exponentially decreasing weights over time.
Forecasts using exponential smoothing are precise. This strategy generates trustworthy and accurate forecasts that anticipate the following period. Demand projections and actual demand are shown in the forecast. This makes it possible to efficiently prepare for demand, which leads to appropriate inventory levels.
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Commercially reasonable means Multiple Choice observing industry standards and practices that are generally accepted throughout various industries as proper business practices. charging a fair price for goods and not taking advantage of others in the industry. getting the highest price possible for goods without violating the law. observing industry standards and practices that may be unique to the particular industry.
Answer:
observing industry standards and practices that may be unique to the particular industry.
Explanation:
Commercially reasonable activities are based on a standard of reasonableness. It gauges what a reasonable person or entity will do in a given situation.
For example a standard for operation is defined in an industry and used as a basis the determine if business practices of a company are reasonable or not.
It involves good faiths effort on the part of the actors to meet as much as possible a similar objective or activity under similar circumstances.
In this instance commercially reasonable is defined as observing industry standards and practices that may be unique to the particular industry.
Which of the following are laws which protect workers?
Answer:
The Equal Employment Opportunity Commission (EEOC) enforces federal laws prohibiting employment discrimination. These laws protect employees and job applicants against: Discrimination, harassment, and unfair treatment in the workplace by anyone because of: Race.
Explanation:
A manufacturing plant produces two product lines: golf equipment and soccer equipment. An example of indirect cost for the soccer equipment line is the
An example of indirect cost for the soccer equipment line is the : Monthly lease payments for a specialized piece of equipment needed to manufacture the golf driver
Indirect cost is a cost used by multiple activities which and cannot be directly assigned to any specific cost objects.
Indirect costs are expenses unrelated to producing a good or service hence not associated to specific product or project within a company.
Examples of indirect cost includes :
Accounting and legal expenses Administrative salariesTherefore, monthly lease payments for a specialized piece of equipment needed to manufacture the golf driver is an example of indirect cost.
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How much is a Omega De Ville worth?
On November 12 in Geneva, Phillips auctioned off the Omega Stainless Steel Tourbillon 301 for about $1.43 million USD. The Swiss watchmaker Omega watch was then the most valuable one ever auctioned off.
The headquarters of Swiss watchmaker Omega SA are in Biel/Bienne. In La Chaux-de-Fonds, Switzerland, Louis Brandt founded the La Generale Watch Co. in 1848. The company changed its name to Louis Brandt et Frère-Omega Watch & Co. in 1903 after assuming the moniker Omega. In 1984, the Swiss watchmaker officially changed its name to Omega SA and opened a museum in Biel/Bienne.
Swiss watchmaker Omega's De Ville watch line is known for its wristwatches. When new Seamaster models were introduced in October 1960, Omega used the name "De Ville" for the first time; the phrase "Seamaster De Ville" started to appear on the dials in 1963.
Fundamentally, the moniker has been used since the 1960s to distinguish the straightforward yet attractive models of Omega from the athletic Seamaster or Speedmaster. Soon, the certification as a chronometer was added to the list of the series' attributes.
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Skipped Suppose John experienced an increase in income of $1,000 due to a tax reduction. Assume that people in the economy have a marginal propensity to consume of 60% and a marginal propensity to save of 40% Use the table below to track the Increase in total expenditures due to the tax reduction. Assume all individuals consume their income in accordance with the marginal propensity to consume. Instructions: Round your answers to 2 decimal places Fiscal Policy and the Multiplier Change Is Total Event Expenditures Change in Saving John used his income to purchase additional meals frontein's restaurant. trin unes her Income to purchase additional books from Rita's bookstore Rita uses her income to purchase coffee from an'a coffee shop William uses his income to purchase goods from the farmers market. Total increase in expenditures due to these transactions DOM
When John's income increased by $1,000, it was due to a tax reduction. Given that people in the economy have a marginal propensity to consume of 60% and a marginal propensity to save of 40%.
we can determine the increase in total expenditures due to the tax reduction. The marginal propensity to consume (MPC) is the proportion of a change in income that is spent on consumption. MPC is an important determinant of fiscal policy effectiveness, as it determines how much consumer spending will increase when disposable income increases.
The marginal propensity to save (MPS) is the proportion of a change in income that is saved rather than spent. MPS is important for determining the size of the multiplier effect. Because savings are not immediately spent, the multiplier effect is diminished.
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Discuss any four ways in which Specialization has
improved the economic development of Nigeria
Answer:
Specialization has helped in these four ways:
1. Has created economics of scale in Nigeria, which improve economic efficiency and increase output while reducing average costs at the same time.
2. Has improved the agricultural sector, which continues to be very important for the Nigerian economy.
3. Has helped bring the electrification of the country.
4. Has helped raise the standard of living in the country, because in general terms, the larger the economy, the higher the standard of living.
what applies to any business that sells its products or services to consumers over the internet?
Any business that sells its products or services to consumers over the internet is subject to various laws and regulations.
One of the most important regulations that applies to e-commerce businesses is the Electronic Commerce (EC Directive) Regulations 2002, which governs the way in which businesses interact with customers online. The regulations require businesses to provide certain information to customers, including their contact details, VAT number, and information about how to make a complaint.
In addition to the EC Directive, businesses that sell products or services online must comply with a range of other laws and regulations, including consumer protection laws, data protection laws, and advertising standards. These regulations are designed to ensure that businesses treat customers fairly and transparently, and that they protect customer data and privacy.
To ensure compliance with these regulations, businesses that sell products or services online must take a proactive approach to legal and regulatory compliance.
This may involve working with legal experts to ensure that their websites and marketing materials are compliant, implementing robust data protection measures, and regularly reviewing and updating their compliance policies and procedures. Ultimately, by prioritizing legal and regulatory compliance, businesses can build trust and confidence among their customers, and avoid costly legal issues down the line.
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5.1 The Implementing Function
Putting a strategy into action is what is meant by implementation. Beginning with a specific issue they want to address or a strategy they want to implement, managers create a plan to address it.
What is the purpose of implementation?The act of carrying out a plan, a method, or any other design, idea, model, specification, standard, or policy is known as implementation. As a result, for something to actually occur, action must come after any previous thinking.
What is the C implementation of a function?Functions in C have to be defined before they may be utilized. They can either be stated in a header file or at the start of the C code and then implemented afterwards, or they can be implemented in the order they are used (less preferable).
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why is training important
These reasons include:-
Increased job satisfaction and morale among employees.Increased employee motivation.Increased efficiencies in processes, resulting in financial gain.Increased capacity to adopt new technologies and methods.Increased innovation in strategies and products.Reduced employee turnover.prepare an income statement for delray manufacturing (a manufacturer). assume that its cost of goods manufactured is $1,419,000.
Sales $1,419,000
Raw materials inventory $40,000
Work in process inventory $55,800
Finished goods inventory $70,500
Raw materials purchases $180,700
Direct labor $250,000
Factory computer supplies used $20,200
Indirect labor $65,000
Repairs—Factory equipment $10,250
Rent cost of factory building $60,000
Advertising expense $110,000
General and administrative expenses $140,000
Raw materials inventory $50,000
Work in process inventory $45,000
Finished goods inventory $75,500
What is an Income statement?
An income statement is one of three important financial statements used to report a company's financial performance over a specific accounting period. The balance sheet and cash flow statement are the other two key statements.
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In the first stage of manufacturing each final unit of a product, a firm incurs costs for purchasing a key input, paying wages for labor, and combining additional inputs. Let's break down the costs:
1. Purchasing the key input:
- The price per unit is $X (unspecified in the question).
2. Paying wages for labor:
- The wage rate is $Y (unspecified in the question).
- The labor is exerted for a certain amount of time (unspecified in the question).
3. Combining additional inputs:
- For each final unit of output produced, the firm uses $Z worth of additional inputs.
After going through these stages, the firm sells every unit of the product for $S (unspecified in the question).
To determine the contribution of each unit of output to GDP in the current year, we need to consider the value added by the firm at each stage of production.
Value added is the difference between the value of the firm's output and the value of the inputs it purchases from other firms. In this case, we can calculate the value added for each unit of output as follows:
Value added = Selling price - Cost of inputs
Value added = $S - ($X + $Y + $Z)
The result will give us the contribution of each unit of output to GDP in the current year.Please note that without specific values for the price per unit, wage rate, time exerted, additional inputs, and selling price, we cannot provide an exact calculation. However, you can use this formula and plug in the actual values to find the contribution to GDP.
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the two categories of cost comprising conversion costs are
Answer:
Explanation:
Direct labor and factory overhead
John and Amy purchased a builder's home warranty when they bought their home. They have found structural damage that could be a detriment to their home. On average, how many years does a home warranty cover structural damage?
John and Amy purchased a builder's home warranty when they bought their home. They have found structural damage that could be a detriment to their home. On average, 10 years warranty cover structural damage.
What is structural damage?Structural damage is any damage that affect a building structure r home. It could be during construction or after building might have been constructed.
This includes damage to walls, roof and foundation of the house. When structural damage occurs, the level of damage can vary some may be so serious that the building may not be used again.
The 10-year insurance covers damage of structures and buildings.
Therefore,
John and Amy purchased a builder's home warranty when they bought their home. They have found structural damage that could be a detriment to their home. On average, 10 years warranty cover structural damage.
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Which of the following is a section found in most business plans?
A. Crowdfunding
B. Bank account information
C. Legal requirements
D. Target market
Answer:
D. Target market
Explanation:
Enjoy the response
Out of the choices provided above, the legal requirements and target market are the sections generally found in most of the business plans. Therefore, the options C and D hold true.
What is the significance of a business plan?A business plan can be referred to or considered as a plan that is a part of the functions of management of the business process throughout their entirety of operations. Planning is the first and foremost step in business operation.
A business plan includes the key elements that revolve around the operations to be carried out by a business organization. The legal requirements and target market are taken into consideration while making a business plan.
Therefore, the options C and D hold true and state regarding the significance of business plan.
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give four basic functions of the government
the 4 functions of government are:
1.maintain and make laws
2.raise taxes
3.protect environment
4.national defence
Answer:
listening to the citizens before making decisions .Helping in the development activities .making suitable rules and regulations for the country .Providing citizenship cards to the every citizens of the country .hope it is helpful to you
policy makers announce that the federal minimum wage will increase to $15 an hour over the next 10 years by annual increases of $0.78. this will cause
Policy makers announce that the federal minimum wage will increase to $15 an hour over the next 10 years by annual increases of $0.78. This will cause the Phillips curve will shift upward.
What do you mean by Policy?A policy is an official decision made by a group of people, a commercial organization, the government, or a political party about a certain course of action.
The National Minimum Wage would increase to $15 per hour by 2025 under the Raise the Wage Act of 2021, thereby eradicating earnings that are below the poverty line. According to this analysis, the rise is long overdue and would have a positive impact on both the economy and workers.
Therefore, Policy makers announce that the federal minimum wage will increase to $15 an hour over the next 10 years by annual increases of $0.78. This will cause the Phillips curve will shift upward.
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For consumers with an income around $50,000 a year, you can expect the price elasticity of demand to be more elastic for a $20,000 ski boat than for a $1 roll of toilet paper.
For consumers making roughly $50,000 per year, you may anticipate that the price elasticity of demand for a $20,000 ski boat will be higher than for a $1 roll of toilet paper.
The statement is true.
The degree of elasticity increases with the ratio of an expense to income. If the cost of the ski boat, for instance, rises to $50,000, it is quite unlikely that someone with a $50,000 income would be able to buy it. Its demand elasticity would be very high as a result.
However, the cost of a roll of toilet paper cannot be more than $10. It would therefore have an inelastic demand.
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Mr. Morgan earns $38,000 a year as a salesperson and a 5% commission on all his sales. He has a mortgage of $910 a
month and pays $175 a month for utilities. Mr. Morgan owns a rental property for which he receives $680 per month.
Which is a liability?
the yearly salary
the commission
the mortgage
the rental property
Answer:
C: the mortgage
Explanation:
The monthly mortgage of $910 would be considered a liability for Mr. Morgan as it is a kind of loan taken by Mr. Morgan and the rest of the given amounts are considered as revenues.
What is the balance sheet?The balance sheet is an accounting statement that records the assets and liabilities & equity at the closing of an accounting year. The liabilities and equity is recorded as the first head whereas the second head are the assets.
According to the data provided, the mortgage of $910 is treated as a liability for Mr. Morgan. He records the mortgage as a non-current liability because it is a type of long-term loan taken by him which has to be paid back after a period of one year. The yearly salary of $38,000, sales commission of 5%, and the rental income of $680 are considered to be the revenues for Mr. Morgan.
Therefore, the mortgage of $910 would be the only liability for Mr. Morgan.
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milk should ______ (keep) in a fridge.
rolando saves 8% of his income for a new car. this year he saved $3000 and his salary was $2000 less than in the previous year. what was his salary in the previous year
Rolando’ salary in the previous year is $39,500.
Let us assume ‘s’ to be the salary or income for this year.
And,Let y be last year's salary
Since 8% of the salary is 3000.
So, the equation is 0.08
s = 3000s = 37,500
Now the previous year should be
y = s + 2000y = 37,500 + 2000
= $39,500
Rolando saves 8% of his income for a new car. This year he saved $3000 and his salary was $2000 less than in the previous year. So , $39,500 was his salary in the previous year.
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The market exchange rate between Australian dollars and the US dollars is USD 0.75 per Australian dollar. The real exchange rate is 1.25. What is the PPP based exchange rate?
The PPP-based exchange rate cannot be determined without information on price levels in both countries.
The Purchasing Power Parity (PPP) exchange rate is a theoretical concept that suggests that the exchange rate between two currencies should equalize the purchasing power of each currency in their respective countries. To calculate the PPP-based exchange rate, we need to divide the real exchange rate by the ratio of price levels between the two countries.
Given:
Market exchange rate: USD 0.75 per Australian dollar
Real exchange rate: 1.25
To determine the PPP-based exchange rate, we need to consider the price levels in both countries. However, the given information does not provide specific data on price levels. Therefore, we cannot calculate the PPP-based exchange rate without additional information on price levels.
The PPP-based exchange rate is influenced by various factors such as inflation rates, relative price levels, and cost of living. Without knowing the specific price levels in both countries, it is not possible to calculate the PPP-based exchange rate accurately.
To obtain an accurate PPP-based exchange rate, we would need information on price levels or inflation rates in both Australia and the United States. With that information, we could calculate the ratio of price levels and use it to adjust the real exchange rate.
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A supervisory body, a source of public good, and an entity that reallocates income are all _____. roles of an entrepreneur roles of government things a government is not responsible for things an entrepreneur is responsible for
Answer:
roles of government
Explanation:
not successful way to budgeting strategy
Which of the following is NOT a feature of a limited liability company (LLC)? A) Managing members not subject to self-employment tax B) Conduit taxation C) Disregarded entity for federal tax purposes D) Limited personal liability for all members
B) Conduit taxation is NOT a feature of a limited liability company (LLC). conduit taxation refers to the tax treatment where the LLC's income and losses are passed through to its members, who then report them on their individual tax returns.
However, LLCs have flexibility in their tax classification, and they can choose to be taxed as a disregarded entity, partnership, or corporation. While a partnership or disregarded entity LLC can have pass-through taxation, a corporation is subject to entity-level taxation. Conduit taxation is not a specific feature of an LLC but rather a tax treatment that can be chosen depending on the LLC's classification.
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Umpqua's vision is "to become the world's greatest bank." The company sees its competitors as other financial institutions that perform banking services. This is taking a _________ of its competition.
Answer:
This is taking a industry point of view of its competition.
Explanation:
The statement shown in the question above presents an industry point of view regarding competition. This view was established based on the market in which both Umpqua and competitors are established. The industry's point of view in relation to the market is that the company defines that its competitors offer a product very similar to yours and that is capable of satisfying its customers efficiently, in the same way as the product produced by you same.
Since Umpqua sees its competitors as other financial institutions that perform banking services, it is taking an industry point of view of its competition.
What is competitive advantage?
Competitive advantage can be defined as the factors, conditions, or circumstances that allow a business organization (firm) to manufacture its finished goods or provide services better and perhaps cheaper than rival firms (competitors) in the same industry.
The major benefits of competitive advantage:
An increase in the level of sales.An increase in revenue generation.A higher profit margin than rival firms in the same industry.In this scenario, Umpqua's vision is to be in a more favorable position become superior to other financial institutions (rival firms) that perform banking services, thereby, making it the world's greatest bank.
This ultimately implies that, Umpqua is is taking an industry point of view of its competition because it aimed at becoming the world's greatest bank.
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For the majority of millennials, the cost of paying off their student loans has wound up holding them back from living on their own, making major purchases like buying home and even being able to start a family…
Trade schools cost a fraction of what public and private schools cost. The average cost of vocational school comes out to around $33,000 – for the entire education. This the average cost of a single year of college.
–"The Financial Case for Trade School Over College," Mel Bondar, US News
According to the text, why is trade school more economical for some students? Select two that apply.
a). The cost of attending trade school is cheaper than the cost of a 4 year college.
b). Trade school graduates make more money than college graduates.
c). The cost of attending a 4 year college is offset by higher earnings in the long run.
d). Students who chose trade school over college often make better financial decisions.
e). Students who graduate from trade school have less debt than college graduates.
Answer:
A) The cost of attending trade school is cheaper than the cost of a 4 year college.
E). Students who graduate from trade school have less debt than college graduates.
Explanation: I just took the test on a virtual course and got it right. Hope this helps :)
Trade school more affordable for some students cost, according to the text A trade school is less expensive to attend than a four-year university. Thus option (a, e) is correct.
What is the cost?A cost is the amount of money that has been spent to produce something or provide a service and is thus no longer accessible for use. In business, the cost could be one of acquisition, in which case the money spent to obtain it is recognized as cost. In this situation, money is the input that is used to purchase the item.
If you set a goal of 5 jars of mayonnaise and only have 2 on hand, you know you need to order 3 more. Private expenses are the costs borne by the buyer of a commodity or service. This is also known as the costs associated with the firm's production function. External costs (also known as externalities) are the costs borne by people other than the buyer.
Therefore, Thus option (a, e) is correct.
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The marketing mix element where most of a firm's communications with the marketplace occur is called
Promotion is an element of the marketing mix where most of a company's communications with the market and potential consumers take place.
What is the Marketing Mix?It is a set of factors that combined will help a company to implement strategies that will increase its competitiveness and positioning in the market. The four factors, or the 4Ps are:
ProductPricePlacePromotionTherefore, promotion is the element through which the company will attract customers through communication in order to make sales and increase brand recognition.
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Howard Cooper of Owens Corning Fiberglass talks to David Weekley, a homebuilder, to find out how much fiberglass insulation he intends to use in building homes during the next year. Howard then multiplies that number by the total number of builders in the territory. He is using a ____ approach to measure sales potential.
A buildup approach is used by Howard to find out how much fiberglass insulation to use in building homes
What is a buildup approach?This refers to the method of calculating an market's revenue potential by recognizing the number of probable purchasers in the market and ther purchaser's requirements as well.
Hence, this same approach is used by Howard to find out how much fiberglass insulation to use in building homes.
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What does a credit score provide to lenders?
Group of answer choices
A person's credit risk
A person's credit history
A person's credit application
A person's credit interest
Answer:
I believe the answer is credit history, please let me know if I am wrong.
Explanation:
"'A credit score is a number lenders use to help them decide how likely it is that they will be repaid on time if they give a person a loan or a credit card.'' Your personal credit score is built on your credit history.'' Your FICO® Score☉ ranges from 300 to 850."
Answer: A person’s credit risk
Explanation:
Lightskins or Darkskins
Or Other ?
Answer:
any kind of boy
Explanation:
I have no type