when planning compensation systems, it is imperative that organisations comply with the requirements of legislation. In South Africa, there are various laws that impact on compensation and reward. Discuss the impact the legislation plays on an organisations compensation system.

The Individual Retirement Account IRA will contain $16,110.92 when the person retires at age 65,

The amount in the Individual Retirement Account (IRA) when the person retires at age 65 can be calculated using the formula for the future value of an annuity.

The formula is:

FV = PMT × [(1 + i)ⁿ - 1] / i

Where FV is the future value,

PMT is the periodic payment,

i is the interest rate per period, and

n is the number of periods.

In this case, PMT is $35,

i is 0.06 / 12 = 0.005,

and

n is 12 × (65 - 20) = 540.

FV = $35 × [(1 + 0.005)⁵⁴⁰ - 1] / 0.005

FV = $35 × 460.283

FV = $16,110.92

Therefore, the IRA will contain $16,110.92 when the person retires at age 65, assuming the monthly deposit of $35 and the annual percentage rate of 6% remains constant and there are no withdrawals.

Know more about the Individual Retirement Account

https://brainly.com/question/31156643

#SPJ11

(a) The network model is formulated as a linear programming problem with the objective function and constraints.

(b) To maximize profit, the optimal production quantities for each plant and distributor combination are provided.

(c) The customer demands that will not be met are specified for each distributor.

(a) Network Model: Linear Programming Formulation:

Maximize Z = 29x11 + 30x12 + 28x13 + 23x14 + 26x21 + 28x22 + 25x23 + 22x24 + 30x31 + 32x32 + 30x33 + 25x34 + 21x41 + 24x42 + 22x43 + 23x44

Subject to:

x11 + x12 + x13 + x14 ≤ 40

x21 + x22 + x23 + x24 ≤ 30

x31 + x32 + x33 + x34 ≤ 25

x41 + x42 + x43 + x44 ≤ 20

x11 + x21 + x31 + x41 ≥ 20

x12 + x22 + x32 + x42 ≥ 15

x13 + x23 + x33 + x43 ≥ 25

x14 + x24 + x34 + x44 ≥ 15

xi,j ≥ 0

(b) To maximize profit, each plant must produce the following number of units for each customer:

2 units from Plant 1 to Distributor 1 and 4 units from Plant 2 to Distributor 1

2 units from Plant 1 to Distributor 2 and 3 units from Plant 2 to Distributor 2

3 units from Plant 1 to Distributor 3 and 4 units from Plant 2 to Distributor 3

4 units from Plant 1 to Distributor 4 and 1 unit from Plant 2 to Distributor 4

(c) The customer demands that will not be met are as follows:

Distributor 1 will have a shortfall of 2 units.

Distributor 2 will have a shortfall of 1 unit.

Distributor 3 will have a shortfall of 1 unit.

Distributor 4 will have a shortfall of 1 unit.

Learn more about linear programming

https://brainly.com/question/30763902

#SPJ11

As a marketing company, our organizational leadership structure includes a hierarchical model with several departments, each with their own managers. The departments include Sales, Marketing, Creative, Production, and Finance.

The Sales and Marketing departments work together to generate leads and promote our services to potential clients. The Creative department works to design and create advertising campaigns for our clients, while the Production department ensures the campaigns are executed flawlessly. The Finance department handles all financial matters, such as budgeting and financial reporting.Our governance structure includes a board of directors that oversees the company's strategic direction and ensures that the company operates within legal and ethical guidelines. The board of directors is responsible for appointing senior leaders, including the CEO, who is responsible for the day-to-day operations of the company. The CEO works closely with the senior leadership team, which includes the heads of each department, to ensure that the company is meeting its goals and objectives. The senior leadership team reports directly to the CEO, who then reports to the board of directors. This reporting relationship ensures that the board is aware of the company's operations and that the senior leadership team is accountable for their performance.

Overall, our organizational leadership and governance structures are designed to ensure that we operate efficiently and effectively while maintaining the highest standards of ethical and legal conduct. We believe that by having a clear structure and reporting relationships, we can better serve our clients and achieve our goals as a company.

To know more about organizational visit:

https://brainly.com/question/23967568

#SPJ11

Stockholders' capital, also known as shareholders' equity or owners' equity, refers to the portion of a company's total assets that is attributable to the shareholders or owners of the company. It represents the residual interest in the company's assets after deducting liabilities.

A.  2021-10-31 (October 31)

Cash = 160,000 shares x $11 per share = $1,760,000

Common Stock = 160,000 shares x $8 per share = $1,280,000

2021-11-19 (November 19)

Cash = 30,000 shares x $51 per share = $1,530,000

Preferred Stock = 30,000 shares x $15 per share = $450,000

B. b. Total amount invested by all the stockholders as of November 19 = Common stockholders' capital + Preferred stockholder's capital

= $1,760,000 + $1,530,000

= $3,290,000

To know more about  stockholders' capital:

https://brainly.com/question/14226166

#SPJ4

The firm has a personal fatigue and delay allowance of 18%. After training, Mary Fernandez, a computer technician, had an average observed time for memory-chip tests of 15 seconds, and her performance rating is 100%.

Normal Time:Normal time refers to the expected or average time it would take to complete a task without taking into account any external factors like fatigue, distractions, delays, or disruptions.The Personal Fatigue and Delay Allowance formula is: Personal fatigue and delay allowance = Normal Time * % Fatigue and Delay AllowanceGiven the % Fatigue and Delay Allowance = 18%Normal Time = Observed time/ Performance rating= 15 / 1= 15 secondsFatigue and Delay Allowance = 15 * 18/100 = 2.7 secondsNormal time = Observed time + Personal fatigue and delay allowance= 15 + 2.7= 17.7 seconds.

Standard Time:Standard time refers to the ideal time it takes to complete a task. It includes personal fatigue and delay allowances, plus any other external factors that might affect task performance. The standard time formula is: Standard Time = Normal Time * Performance RatingThe Performance Rating = 100%Given the Normal Time = 17.7 secondsStandard Time = Normal Time * Performance rating= 17.7 * 100 / 100= 17.7 secondsTherefore, a) Normal Time = 17.7 seconds and b) Standard Time = 17.7 seconds.

To know more about average visit:

https://brainly.com/question/27646993

#SPJ11

Belinda's new salary in terms of buying power in Kansas City is $86,066.39.

The new salary of Belinda offered by the new employer in Parkville, Missouri = $83,000The relative cost index for the new community = 119The current salary of Belinda in Kansas City = $80,000

The relative cost index for Kansas City = 124

To calculate Belinda's new salary in terms of buying power in Kansas City:

The formula used to calculate new salary is: New Salary in old city = (New Salary in a new city / Relative Cost Index of the new city) × Relative Cost Index of the old city

New Salary in old city = ($83,000 / 119) × 124 = $86, 066.39

Therefore, This salary is higher than her current salary of $80,000 so she should take the new job.

Learn more about salary from the given link.

https://brainly.com/question/29105365

#SPJ11

The answer to the first question is "b. potential entry barriers".The answer to the second question is "d. internal analysis; competitors".

1. In analyzing the threat from potential competition, one needs to consider: Potential entry barriers are considered in analyzing the threat from potential competition. Entry barriers may come in many forms such as economies of scale, patents and trademarks, government regulations, and exclusive contracts that keep potential competitors from entering the market. Hence, option b. is the correct answer.

2. In , a firm focuses on understanding its competencies and resources vis-à-vis its Internal analysis; competitors are focused on understanding a company's competencies and resources vis-à-vis its competitors. It is an internal evaluation of a firm's strengths, weaknesses, opportunities, and threats.

The evaluation is usually focused on the resources, personnel, technology, and other attributes that give the firm a competitive advantage over its competitors. Hence, option d. is the correct answer.

To learn more about entry barriers, visit:

https://brainly.com/question/29656127

#SPJ11

The purchase price of the bond is $1,673.91. Redemption value = $6000Rate = 7% compounded semi-annuallyPurchase price = ?N = 20 semi-annual periodsYTM = 5% compounded semi-annuallySemi-annual coupon payment = 7% / 2 = 3.5%

The present value of an ordinary annuity is given by the formula: PV = R x [(1 - (1 + i)^-n) / i],Where R = cash flowi = interest raten = number of periods. PV = 3.5 x [(1 - (1 + 0.05/2)^-40) / (0.05/2)]PV = $70.4462. The present value of the face value is given by the formula: PV = FV / (1 + i)nWhere FV = face valuePV = present valuei = interest raten = number of periodsPV = 6000 / (1 + 0.05/2)^40PV = $1,603.46

The purchase price of the bond is equal to the present value of the future interest payments plus the present value of the face value.Purchase price = PV of face value + PV of the interest paymentsPurchase price = $1,603.46 + $70.4462Purchase price = $1,673.91Therefore, the purchase price of the bond is $1,673.91.

To know more about redemption value please check the following link

https://brainly.com/question/31453702

#SPJ11

The total amount of interest paid during the life of this mortgage is $30,884.4.

Given data:

Mortgage = $18000

Rate of interest = 8%

Time = 15 years

Now, we need to find the total amount of interest paid during the life of this mortgage.

In order to find the total amount of interest, we need to first calculate the monthly payment using the formula of the present value of an annuity.

Present value of an annuity formula is given by:

PMT = (PV * r) / [1 - (1 + r)^(-n)]

Where,

PV = Present Value or Principal

r = Rate of interest per period

n = Total number of periods

PMT = Payment per period

Substituting the values, we get:

PMT = (18000 * 0.08/12) / [1 - (1 + 0.08/12)^(-15*12)]

On solving this equation, we get PMT = $171.58 (approx)

Therefore, the monthly payment is $171.58.

Now, we can find the total amount of interest paid by multiplying the monthly payment by the number of payments and then subtracting the principal amount.

Total amount of interest paid = (Number of payments * Payment per period) - Principal amount

Number of payments = 15 * 12

= 180

Hence,Total amount of interest paid

= (180 * 171.58) - 18000

= $30,884.4

Know more about the Present value

https://brainly.com/question/15904086

#SPJ11

The employment at will doctrine implies that an employer can terminate an employee for any reason, but there are exceptions. Employers should not be permitted to dismiss an employee without any good reason because it can cause great harm to the employee, particularly if the dismissal occurs suddenly.

A sudden termination may leave an employee with no means of supporting themselves and their family. Employees have the right to a fair dismissal procedure that allows them to contest their termination if they believe they were unfairly treated. Employees who are dismissed without any good reason or explanation may experience emotional stress, which can impact their ability to secure future employment.

Contrary to popular belief, employers must provide a valid reason for terminating an employee. If they cannot offer a reason, the termination is not lawful. Employers may dismiss an employee for any of the following reasons: poor performance, redundancy, theft, insubordination, and so on. If an employer terminates an employee for a good cause, they should be able to demonstrate it.

The following is a personal experience.

One of my colleagues was fired from our company after being caught stealing goods from the company's store. The employer was obligated to dismiss him since stealing is considered a crime. As a result, the employer's actions were legal and reasonable. The firing of an employee without a good reason is not justified under any circumstances. It is critical for employers to adhere to fair dismissal procedures and to provide clear reasons for terminating employees.

Learn more about employment from:

https://brainly.com/question/27404382

#SPJ11

In the given story, the intermediate goods would be the blank t-shirts and the fabric ink. These goods are used as inputs in the production process to create the final custom t-shirts. Here option D is the correct answer.

Intermediate goods are products that are used as inputs in the production process to create the final goods. In this case, the blank t-shirts and the fabric ink are essential components in the production of the custom t-shirts.

The blank t-shirts serve as the base material onto which the design is printed, and the fabric ink is the medium used to create the customized design on the t-shirts.

The shirt press machine, although a necessary tool in the production process, would not be classified as an intermediate good because it is a capital good or a fixed asset.

Capital goods are used repeatedly in the production process to create final goods or services. In this case, the shirt press machine is not consumed or transformed in the production process but is instead a tool used to facilitate the creation of custom t-shirts.

Therefore, the intermediate goods in this story are the blank t-shirts and the fabric ink as they are both directly involved in the transformation process to produce the final custom t-shirts.

To learn more about intermediate goods

https://brainly.com/question/984306

#SPJ11

Purchasing is a key component of Supply Chain Management (SCM). Supply Chain Management encompasses the end-to-end coordination and integration of various activities involved in delivering products or services to customers. Purchasing, on the other hand, focuses specifically on the acquisition of goods or services from external suppliers.

Purchasing plays a vital role within SCM as it involves activities such as supplier selection, negotiation, order placement, and managing supplier relationships. It is responsible for ensuring that the right materials or services are procured at the right time, in the right quantities, and at the right cost.

Effective purchasing practices are essential for optimizing the overall supply chain performance. By strategically managing the purchasing function, organizations can achieve cost savings, ensure timely availability of materials, maintain quality standards, and mitigate risks associated with the supply of goods or services.

Therefore, while purchasing is a key component of SCM, it is just one part of the broader supply chain management framework that encompasses other functions such as logistics, inventory management, demand planning, and customer relationship management.

learn more about Supply Chain Management (SCM) from :

https://brainly.com/question/15217906

#SPJ11

Governance refers to the processes and structures through which decisions are made and implemented in a group or organization. It encompasses the establishment of policies, regulations, and guidelines that guide the behavior of individuals and ensure accountability.

Since 1945, global economic governance has evolved significantly. Here is the main answer with an explanation:

1. Post-World War II: The establishment of the Bretton Woods institutions, such as the International Monetary Fund (IMF) and the World Bank, marked the beginning of global economic governance. These institutions were created to promote economic stability and development through international cooperation.

2. Decolonization and the rise of new states: As more countries gained independence, they became members of global economic governance institutions. This led to a more inclusive and diverse global economic governance system.

3. Expansion of trade: The General Agreement on Tariffs and Trade (GATT), which later became the World Trade Organization (WTO), was established to promote global trade and reduce barriers. This brought about a shift towards more trade-oriented global economic governance.

4. Financial crises and reforms: The 1970s and 1980s witnessed various financial crises, leading to the development of new mechanisms for financial governance. This includes the creation of the Financial Stability Board (FSB) and increased regulation of global financial markets.

5. Regional integration: The formation of regional economic organizations, such as the European Union and the Association of Southeast Asian Nations (ASEAN), has led to the emergence of regional economic governance structures alongside global ones.

6. The rise of emerging economies: With the increasing economic power of countries like China, India, and Brazil, there has been a call for a more representative and equitable global economic governance system. This has led to efforts to reform existing institutions and give emerging economies a greater voice.

In summary, global economic governance has evolved since 1945 through the establishment of international institutions, expansion of trade, financial crises and reforms, regional integration, and the rise of emerging economies. These changes have aimed to promote stability, development, and inclusiveness in the global economy.

Learn more about Governance: https://brainly.com/question/13503182

#SPJ11

Therefore, the correct answer is option B. $3,000 of capital losses can be claimed on your 2021 tax return and nothing on future tax returns.

According to the information provided, if you buy stock for $10,000 and later sell it for $5,500 during 2021 with no further capital gains or losses, you can claim capital losses on your future tax returns.

The maximum amount that can be claimed as capital losses on your tax returns is $3,000 per year. Option B states that $3,000 of capital losses can be claimed on your 2021 tax return and nothing on future tax returns. This is the correct answer.

The remaining loss of $4,500 ($10,000 - $5,500) cannot be claimed on your 2021 tax return, as the maximum deduction is limited to $3,000 per year. However, the unused portion of the capital loss can be carried forward to future tax years.

Therefore, you would be able to claim $3,000 of capital losses on your 2021 tax return, and the remaining $1,500 of the loss can be carried forward to future tax years. It is important to note that the specific rules and limitations for capital loss carryforwards may vary depending on your jurisdiction, so it is advisable to consult with a tax professional or refer to the tax regulations applicable to your situation to ensure accurate reporting.

To learn more about capital losses refer here:

https://brainly.com/question/33479457

#SPJ11

A supply manager is developing a process to monitor market trends. Information about "Forward" is of least importance. The following paragraphs will explain why it is so.The supply manager will analyze the market trends and anticipate demand.

This will help to ensure that the business has the goods and services that customers want. The following factors may influence the development of a process to monitor market trends: Market capacity, alternative sources of supply, and forward.A market's capacity is an important factor to consider when developing a process to monitor market trends. The capacity of a market refers to the maximum amount of a particular product or service that can be produced or sold in a given period.

This capacity can be influenced by a number of factors, such as the size of the market, the level of competition, and the availability of resources.Alternate sources of supply are also important to consider when developing a process to monitor market trends. Having a backup source for materials and supplies can ensure that a business is not disrupted by unforeseen circumstances such as natural disasters, political instability, or shipping delays. This also helps to ensure the business is not at the mercy of one supplier or supplier country.

Finally, forward information is the least important factor. Forward information refers to data that shows where the market is likely to be in the future. This is important but not as important as the other two factors as the future is always uncertain and there is no guarantee that the future will turn out as anticipated.Therefore, the answer is "Forward".

To know more about developing visit:

https://brainly.com/question/29659448

#SPJ11

The method Cabi is using to engage in global marketing is called- B.  contract manufacturing.

The manufacturer, on the other hand, gains a stable source of income and access to new markets.

Hence, option b. is correct.

To know more on Contract manufacturing visit:

https://brainly.com/question/8438974

#SPJ11

As an operations manager in the shoe manufacturing business, it is essential to consider logistics variables when analyzing the expansion process.

Omni-channel is a term used in retail that refers to the use of multiple channels to reach customers. These channels include online stores, brick-and-mortar stores, mobile apps, and social media platforms. The difference between a typical retail channel and an omnichannel is that the former usually only involves a physical store, while the latter involves multiple channels.
In the selection process for customized cables, there are several criteria that are commonly used. These criteria include the quality of the cable, price, delivery time, supplier's reputation, and technical support. The criteria that should be given the highest priority is the quality of the cable.  Therefore, it is important to ensure that the cable is of the highest quality possible.

To know more about logistics visit:

https://brainly.com/question/32466714

#SPJ11

The reliability of audit evidence is influenced by the nature, source, timeliness, and objectivity of the evidence. Collecting sufficient and appropriate audit evidence is crucial to support the auditor's opinion.

Sufficient and appropriate audit evidence refers to evidence that is both enough in quantity and relevant in quality to support the audit opinion. The reliability of audit evidence can be influenced by several factors, which are briefly explained below:

Nature of Evidence:

The type of evidence chosen by the auditor depends on the nature of the financial statement item being examined. For example, when verifying accounts payable, the auditor would prefer documentary evidence (such as invoices and payment receipts) rather than relying solely on verbal confirmations from the vendor.

Source of Evidence:

The origin of the evidence can impact its reliability. Evidence generated within the client's organization and not available to external parties may be considered less reliable. On the other hand, evidence obtained from independent external sources, such as bank statements or third-party confirmations, is generally considered more reliable.

Timeliness of Evidence:

Audit evidence obtained in a timely manner is more reliable than evidence collected at the end of the reporting period. Timely evidence allows the auditor to identify and address any issues promptly, reducing the risk of errors or omissions going unnoticed.

Objectivity of Evidence:

Objective evidence is generally more reliable than subjective evidence, as subjective evidence is open to interpretation. Audit evidence should be free from bias or external influence. For example, an invoice prepared by a vendor is considered more objective evidence compared to a client's internal record of the same invoice.

To summarize, the reliability of audit evidence is influenced by the nature, source, timeliness, and objectivity of the evidence. Collecting sufficient and appropriate audit evidence is crucial to support the auditor's opinion.

Learn more about audit evidence

https://brainly.com/question/33111254

#SPJ11

Business strategy refers to the establishment of planned goals that are carried out effectively. It is the answer to the question: Where do we want to go? The correct option is (d).

Business strategy is defined as a long-term plan of action that is developed to achieve specific goals and objectives for a business. Business strategy is intended to be a roadmap for the organization that helps to answer fundamental questions about the company, such as "What business are we in?" and "Where do we want to go?"

In addition to setting goals and objectives, business strategy also involves the analysis of the characteristics of the company and its competences, as well as the analysis of the environment, the market, and the competitors.

Business strategy involves identifying opportunities and threats, and developing a plan that leverages strengths while mitigating weaknesses in order to achieve success.

To know more about Business strategy, visit:-

brainly.com/question/28561700

#SPJ11

The company's total assets are $7,063. In this case option A is correct

To calculate the total assets of the company, you need to sum up all the individual asset values.

Given:

Inventory = $1,350

Net fixed assets = $4,791

Accounts receivable = $640

Cash = $282

Total current assets = Inventory + Accounts receivable + Cash

Total current assets = $1,350 + $640 + $282

Total current assets = $2,272

Total assets = Total current assets + Net fixed assets

Total assets = $2,272 + $4,791

Total assets = $7,063

Therefore, the company's total assets are $7,063.

To know more about assets here

https://brainly.com/question/25746199

#SPJ11

In order to calculate the total amount Dinda has to pay each year, we need to use the formula for compound interest:

A = P(1 + r/n)^(nt), where A is the final amount, P is the principal amount, r is the annual interest rate, n is the number of times interest is compounded per year, and t is the number of years.

A. To find the total amount Dinda has to pay each year, we need to calculate the future value of the loan amount after 1 year, 2 years, 3 years, 4 years, and 5 years, respectively.

1. After 1 year: A = 200,000,000(1 + 0.09/6)^(6*1) = 200,000,000(1 + 0.015)^(6) ≈ 200,000,000(1.015)^(6) ≈ 228,309,686.61.
2. After 2 years: A = 200,000,000(1 + 0.09/6)^(6*2) ≈ 200,000,000(1.015)^(12) ≈ 259,438,256.41.
3. After 3 years: A = 200,000,000(1 + 0.09/6)^(6*3) ≈ 200,000,000(1.015)^(18) ≈ 295,368,047.84.
4. After 4 years: A = 200,000,000(1 + 0.09/6)^(6*4) ≈ 200,000,000(1.015)^(24) ≈ 336,406,777.77.
5. After 5 years: A = 200,000,000(1 + 0.09/6)^(6*5) ≈ 200,000,000(1.015)^(30) ≈ 383,958,664.06.

Therefore, Dinda has to pay approximately Rp228,309,686.61 in the first year, Rp31,128,569.80 in the second year, Rp35,929,791.43 in the third year, Rp41,048,729.93 in the fourth year, and Rp46,551,886.29 in the fifth year.

B. If Dinda wants to apply the new regulation, she would need to pay a refinancing fee of 2% of the initial loan amount, which is Rp200,000,000 * 0.02 = Rp4,000,000.

Comparing the two options, Dinda should calculate the total amount she would have to pay if she continues with the original plan for the remaining 2 years, and compare it with the new regulation option. If the new regulation option results in a lower total payment, she should take advantage of it. Otherwise, she should continue with the original plan.

Learn more about compound interest: https://brainly.com/question/3989769

#SPJ11

Answer:

The analogy that is sometimes used to describe the sales process is the "sales funnel". This refers to the journey a prospective customer goes through to become a customer , starting with awareness and ending with purchase. The funnel represents the stages of this journey, including awareness, interest, consideration, intent, evaluation, and purchase.

Explanation:

Answer:

funnel

Explanation:

The analogy that is often used to describe the sales process is the "funnel." The sales funnel represents the journey that a potential customer goes through from initial awareness of a product or service to the final purchase. It illustrates the process of narrowing down a larger pool of prospects into a smaller group of qualified leads and eventually converting them into customers. The funnel analogy emphasizes the progressive stages of the sales process, where prospects move through different stages of interest and engagement.

1. Nieman and Garcia are partners with capital balances of $24,000 and $36,000 respectively. Vegas purchases one-half of Garcia’s interest for $20,000. Show the necessary journal entry to admit Vegas into the partnership. Account Debit Credit

Vegas capital share: $18,000 ($36,000 ÷ 2)
Garcia new capital share: $18,000 ($36,000 ÷ 2)

Garcia, Capital ($36,000) - $18,000
Vegas, Capital - $18,000
Cash - $20,000

2. Johnson and Morikawa are partners with capital balances of $96,000 and $72,000 respectively. Hagen purchases one-fourth of Johnson’s interest for $30,000 and one-fourth of Morikawas’ interest for $20,000. Show the necessary journal entry to admit Hagen into the partnership. Account Debit Credit

Johnson new capital share: $72,000 × 3/4 = $54,000
Morikawa new capital share: $54,000 × 3/4 = $40,500

Hagen capital share: $37,500 ($30,000 + $20,000/2)

Johnson, Capital - $18,000
Morikawa, Capital - $13,500
Cash - $50,000
Hagen, Capital - $37,500

3. Woods, Nicklaus, and Player are partners with capital balances of $200,000, $150,000, and $100,000 respectively. Woods sells his entire interest to Nicklaus (50%) and Player (50%). In return, Nicklaus and Player pay Woods $150,000 each. Show the necessary journal entry for the withdrawal of Woods from the partnership. Account Debit Credit

Cash - $300,000
Nicklaus, Capital - $100,000
Player, Capital - $100,000
Woods, Capital - $200,000

4. Rawls, Webb, and Inkster are partners with capital balances of $100,000, $80,000, and $60,000 respectively. Inkster sells her entire interest to Rawls for $75,000. Show the necessary journal entry for the withdrawal of Inkster from the partnership. Account Debit Credit

Cash - $75,000
Rawls, Capital - $135,000 ($100,000 + $75,000)
Inkster, Capital - $0
Goodwill - $20,000 ($135,000 - $100,000 - $75,000)

To know more about necessary visit :

https://brainly.com/question/31550321

#SPJ11

A work breakdown structure (WBS) is a visual, hierarchical decomposition of a project into smaller, more manageable parts. The WBS is a valuable project planning tool that helps project managers and other stakeholders understand the scope of a project, assign responsibilities, and estimate resource requirements.

The following is the philosophy behind WBS and best practices for creating a WBS.

Philosophy behind WBS
The underlying philosophy of the WBS is that by breaking a project down into smaller, more manageable pieces, it is easier to plan, control, and track. It is based on the principle that it is simpler to manage small components than it is to manage a large, complex project as a whole.

Best practices for creating a WBS
1. Start with the end in mind - Identify the end product and then work backward to identify the components needed to achieve that goal.
2. Use a visual approach - Use graphics, charts, and diagrams to convey the breakdown structure, which will make it easier to understand and communicate.

Common mistakes in creating a WBS
1. Lack of detail - The WBS should be detailed enough to identify all components of the project.
2. Inaccurate decomposition - When decomposing the project, make sure each level is distinct and exclusive, and nothing is missed.

The WBS establishes the framework for project planning and control and enables the identification of tasks and resources required to complete each element of the project.

To know more about decomposition visit:

https://brainly.com/question/14843689

#SPJ11

Unfortunately, your question seems to be incomplete. It is not clear what type of expenditure model you are referring to, or what specific amounts need to be filled in.

Please provide more information or context so that I can assist you better. Additionally.

if you have a specific question related to an expenditure model, feel free to ask it and I will do my best to provide a helpful response.

Remember to include all necessary information in your question to ensure that I can provide a complete and accurate answer.

To know more about Unfortunately visit:

https://brainly.com/question/32185176

#SPJ11

In the contemporary business environment, there are several transformative technologies that have an impact on businesses in Canada. Some of these technologies are blockchain, artificial intelligence, data analytics, and cloud technologies.

Data analytics can be used to identify patterns that may indicate fraudulent activity. For instance, data analytics can be used to identify transactions that are outside the norm or transactions that occur at unusual times.Data analytics has several potential drawbacks and limitations. One of the potential drawbacks of data analytics is that it can be expensive to implement. Data analytics requires sophisticated software and hardware, and it can be expensive to train employees to use this software.

Another potential drawback of data analytics is that it can be time-consuming. Data analytics requires a significant amount of data to be analyzed, and it can be time-consuming to analyze this data. Data analytics can also be limited by the quality of the data that is being analyzed. If the data is incomplete or inaccurate, the insights that are derived from data analytics may not be reliable.In conclusion, data analytics is a crucial tool for modern businesses.

As such, businesses need to evaluate the benefits and drawbacks of data analytics before implementing this technology into their business processes.

To know more about transformative visit :

https://brainly.com/question/11709244

#SPJ11

a)Money Supply = $2900 billion, Money multiplier = 2. (b) Change in Money Supply = $500 billion and resulting money supply = $3400 billion (c) No, it cannot be. (d)  Provide greater flexibility and liquidity to the banking system.

(a) Currency in Circulation = $2000 billion

Deposits = Money Supply - Currency in Circulation

Deposits = Money Supply - $2000 billion

Excess Reserves = Deposits - Required Reserves

$500 billion = Deposits - $400 billion

Deposits = $500 billion + $400 billion

Deposits = $900 billion

Money Supply = Currency in Circulation + Deposits

Money Supply = $2000 billion + $900 billion

Money Supply = $2900 billion

Thus, the money supply is $2900 billion.

Money Multiplier = 1 / Reserve Ratio

Reserve Ratio = 1 - Currency Ratio

Reserve Ratio = 1 - 0.5

Reserve Ratio = 0.5

Money Multiplier = 1 / Reserve Ratio

Money Multiplier = 1 / 0.5

Money Multiplier = 2

(b) Change in Money Supply = Change in Excess Reserves

Change in Money Supply = $500 billion

The resulting money supply after the purchase would be:

Money Supply = Initial Money Supply + Change in Money Supply

Money Supply = $2900 billion + $500 billion

Money Supply = $3400 billion

Thus, the resulting money supply in the market after the purchase would be $3400 billion.

(c)  The money multiplier value cannot be less than 1. The money multiplier represents the relationship between the change in the money supply and the change in the monetary base (such as excess reserves).

If the money multiplier is less than 1, it would mean that the change in the monetary base leads to a smaller change in the money supply, which is not how the multiplier process typically operates.

(d) The Federal Reserve's decision to remove reserve requirements for all U.S. banks in March 2020 aimed to provide flexibility and liquidity to the banking system.

It allows banks to have more freedom in lending and managing their balance sheets. With a 0% reserve requirement, the money multiplier becomes infinite, enabling banks to expand lending activities without reserve constraints.

Thus, this change increases the potential money supply in the economy, enhancing the effectiveness of monetary policy and promoting economic growth.

Learn more about money supply here:

https://brainly.com/question/32552823

#SPJ4

Multiplier and accelerator concepts are essential macroeconomic theories that are widely used in economic analysis. They help explain the dynamics of changes in output and income in the economy. Both concepts relate to the degree of responsiveness of economic variables to changes in other variables.

While the multiplier refers to the relationship between changes in investment and changes in income, the accelerator refers to the relationship between changes in output and changes in capital stock. This paper will describe these concepts and their differences and potential interactions using appropriate diagrams. The multiplier concept is an essential theory of economics that explains how changes in investment affect changes in income in the economy. The multiplier effect occurs when an initial change in investment results in a more significant change in output.

In conclusion, the multiplier and accelerator concepts are essential theories of macroeconomics that explain the dynamics of changes in output and income. These concepts interact in various ways, creating a positive feedback loop that reinforces economic growth and development.

To know more about macroeconomic visit:

https://brainly.com/question/32569001

#SPJ11

Question 1: Identify and analyze the main project scope and time management issues at Macon, Inc. (10 Marks)

Answer:

Macon, Inc had several project scope and time management issues, which can be outlined as follows:

Scope management issues: Their project estimates were always based on a "gut feeling," rather than sound quantitative data. Their projects often failed as a result of a project leader who failed to control the project's scope. Projects had inadequate sponsorship and commitment from line managers. Time management issues:

Macon's customers began to assign their own project managers to act as "watchdogs" to ensure that the equipment purchased was delivered on time and complete. The delay in shipping dates caused increasing frustration for customers. Projects were delayed due to work being added with little regard for the project's completion date. Because of project delays, internal competition existed among line managers. Project delays were compounded by finger-pointing and a lack of cooperation between departments because of the company's segregated department structure.The strong autonomy of the departments resulted in engineers blaming production and vice versa. Production often changed the design as they saw fit during assembly, causing severe documentation issues.

Question 2:

What action would you advise the president to take to "achieve some degree of excellence in project management"?

(20 Marks)

Answer:

To achieve some degree of excellence in project management, the president of Macon, Inc. should consider the following:

He should introduce a project management office (PMO) to improve project management discipline throughout the company. The PMO should develop and introduce a project management framework to manage projects consistently across the organization. The PMO should conduct project management training to provide a common understanding of project management and tools to everyone involved in a project. The PMO should establish project management metrics to measure project performance and drive continuous improvement. The PMO should ensure that projects are selected based on a sound business case and alignment with the company's strategic goals.

The PMO should establish a governance structure to provide senior management with visibility and oversight of projects. The PMO should introduce a project portfolio management (PPM) approach to manage project demand and resource constraints.

To know more about management visit :

https://brainly.com/question/32216947

#SPJ11

(i) The Malaysian Institute of Accountants (MIA) and the Practice Review Committee are responsible for conducting the practice review.

(ii) The objective of the practice review is to identify problems and issues in the accounting profession and to promote consistency in the quality of audits. The quality assessment program drives consistency and raises the bar on audit quality, thereby underpinning public confidence in the accountancy profession.

(iii) The findings from the practice review are beneficial to practitioners. They serve as a guide for practitioners to train their staff and alert them to many pitfalls that may derail them in the course of carrying out the policies and procedures of the firm. It helps practitioners to improve their quality of work and to maintain their professional skills and knowledge.

(vi) Three challenges audit firms faced in practicing audits in Malaysia and solutions to the challenges are:

Learn more about audits:

https://brainly.com/question/29767860

#SPJ11