which of the following is correct? multiple choice question. there is no requirement to choose a cost flow assumption that approximates actual physical flow of units. a company must be able to justify its use of a cost flow assumption that differs from the actual physical flow of the units. the choice of cost flow assumption must approximate the actual physical flow of units.

Under cumulative voting with 2 seats being filled and 420 shares outstanding, if you own 120 shares, you would need to buy an additional 90 shares to be assured of earning a seat on the board

Under cumulative voting, each shareholder is entitled to a number of votes equal to the number of shares they own multiplied by the number of seats being filled. In this case, with 2 seats being filled and 120 shares owned, you would have 240 votes.

To be assured of earning a seat on the board, you would need to have more than half of the total votes cast. The total number of votes that can be cast is 420 shares * 2 seats = 840 votes. Half of this is 420 votes.

Since you currently have 240 votes, you would need to acquire an additional 180 votes to be assured of earning a seat on the board. Since each share gives you 2 votes, you would need to acquire an additional 90 shares (180 / 2) to reach this threshold.

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The market price of the bond is $909.10 is the yeild of maturity is 6.1 percent and the bond matures in 20 years.

To calculate the market price of the bond, we can use the following formula in Excel:

where:

rate/2 = semiannual yield to maturity

years*2 = total number of periods (semiannual payments) until maturity

par value = $1,000 (the face value of the bond)

coupon rate = 5.74% (annual coupon rate)

PMT = semiannual coupon payment

Using this formula, we get:

=

[tex]PMT(0.061/2,202,10000.0574/2)/(1+0.061/2)^202 + 1000/(1+0.061/2)^202[/tex]

which simplifies to:

=$909.10

Market price refers to the current price at which a particular asset, commodity, or security is traded in an open market, such as a stock exchange or a commodity market. It is the price at which buyers and sellers agree to buy and sell a particular asset or security at a given time.

The market price is determined by the forces of supply and demand, where the demand for a particular asset or security by buyers and the supply of it by sellers meet at a particular price point. Factors such as economic conditions, news, and events can also influence the market price of an asset or security.

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It depends on the nature of the firm that how long it takes a firm to go from the short run to the long run. So the option D is correct.

In the short run, the firm experiences increasing costs due to the limited availability of resources and capital. The firm must increase its production to reach the long run, where it is able to achieve economies of scale and lower costs.

The amount of time it takes to reach the long run depends on the firm's ability to raise capital, find the right resources, and make the necessary investments. It also depends on the industry, market, and competitive conditions. Generally, it can take anywhere from a few months to several years to reach the long-run. So the option D is correct.

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The complete question is:

How long does it take a firm to go from the short run to the long run?

A. two years

B.  six months

C. one year

D. it depends on the nature of the firm.

Apoorva works in the marketing department of a major insurance company located in her hometown. She finds her work very satisfying. Due to her attitude, Apoorva is likely to have a high level of job satisfaction.

Attitude can be defined as the set of thoughts, emotions, and behaviors directed toward a specific object, person, thing, or event. Attitude formation occurs through a variety of processes, including direct experience, social learning, and cognitive appraisal.

Attitudes can influence behavior and decision-making in a variety of ways, making them a significant consideration in fields such as psychology, sociology, and marketing.

Job satisfaction is an emotional and cognitive response to one's work that reflects the degree to which a person is satisfied with their job. Individuals who are satisfied with their jobs are more likely to be productive, engaged, and loyal to their employers. Job satisfaction can be influenced by a variety of factors, including work environment, job responsibilities, pay and benefits, and social relationships at work.

Marketing is the process of creating, promoting, and distributing products or services to a target audience. It involves understanding consumer needs and wants, developing effective marketing strategies, and implementing those strategies to achieve specific marketing objectives. Marketing can be a highly rewarding career for individuals who are passionate about understanding consumer behavior and developing effective marketing campaigns.

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EOQ for yogurt: 600 units (rounded). Formula: sqrt(2DS/H) where D=9000, S=3, H=0.05.

The Financial Request Amount (EOQ) equation is utilized to decide the ideal request amount that limits the complete stock expense. The equation is as per the following:

EOQ = [tex]\sqrt{(2DS/H)[/tex]

Where D is the yearly interest, S is the expense to put in a request, and H is the expense to hold one unit in stock for one year.To compute D, we want to separate the day to day interest by the quantity of working days in a year. Expecting there are 250 working days in a year, D = 36 * 250 = 9,000.

The lead time is 5 days, and that implies that we want to arrange sufficient stock to cover interest for those 5 days too. In this way, the absolute interest during lead time (DLT) will be DLT = 36 * 5 = 180.To compute the security stock, we really want to know the standard deviation of interest during lead time (σL). Expecting request follows an ordinary dispersion, we can utilize the accompanying equation to work out the security stock:

SS = Z * σL

Where Z is the z-score comparing to the ideal client assistance level. For a 95% client support level, Z = 1.65.

Involving the equation for standard deviation of lead time interest, we get:

σL = sqrt[tex]\sqrt{(DLT * σ^2)[/tex] = [tex]\sqrt{(180 * 3^2)[/tex] = 27

Along these lines, SS = 1.65 * 27 = 44.55, which we gather together to 45.

The complete request amount (Q) is then, at that point:

Q = D + SS = 9,000 + 45 = 9,045

At last, we can ascertain the EOQ by connecting the qualities we have determined:

EOQ = [tex]\sqrt{(2 * 9,000 * 3/0.05)[/tex]= 600

Consequently, the EOQ for yogurt is 600 units (adjusted to the closest whole number).

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Out of the given options, the following statements are true of dividends

1. They are taxable to individual shareholders
2. They are paid at the discretion of the board of directors

1. They are taxable to individual shareholders: Dividends received by shareholders are considered as income and are generally subject to taxes, depending on the tax laws of the respective country.
2. They are paid at the discretion of the board of directors: The decision to pay dividends, as well as the amount and timing, is made by the corporation's board of directors. They may choose to pay dividends or retain earnings for various reasons, such as reinvesting in the business or managing cash flow.
The other two statements are not true:
- They are not required by law for every corporation that issues common stock: There is no legal requirement for corporations to pay dividends. Companies may choose to reinvest their earnings back into the business or use them for other purposes.
- They are not deductible for corporate tax purposes: Dividends paid to shareholders are not considered a deductible expense for corporations when calculating taxable income. Instead, dividends are distributed from the company's after-tax earnings.

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When the report clearly and accurately discusses trends in net profits over a period of four years. To visually display these trends, you should use a line chart or a graph.

To visually display trends in net profits over a period of four years, you should use a line chart or a graph. A line chart would allow you to plot the net profits over time on a continuous scale, showing the direction and magnitude of changes in the profits. You could also use a bar chart to compare the net profits of different years side by side. A line graph is a type of chart used to display trends or patterns over time.

It consists of a series of data points connected by straight line segments, with the horizontal x-axis representing time and the vertical y-axis representing the value of the data. This type of graph is useful for showing changes in data over time and can help identify patterns and trends in the data.

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The complete question is:
Your report discusses trends in net profits over a period of four years. To visually display these trends, you should use a _______.

Every six months, the bond will make a $75.00 interest payment. The corporate bond now has a 7.34 percent yield. As a result, choice A is accurate.

To calculate the semiannual interest payments of $75.00, we first need to calculate the semiannual coupon payment. The bond has a face value of $1,000 and a coupon rate of 7.5 percent, so the semiannual coupon payment is:

Coupon payment = (Coupon rate x Face value) / Number of payments per year Coupon payment = (7.5% x $1,000) / 2 Coupon payment = $75

The yield to maturity quantifies the value of the bond at the conclusion of its bond period as opposed to the current yield, which calculates the bond's present value. In other words, the expected returns on a bond after all payments have been made on time throughout the duration of the bond.

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Complete question is:

A semiannual corporate bond has a face value of $1,000, a yield to maturity of 7.2 percent, and a coupon rate of 7.5 percent. The bond matures 10 years from today. This bond:

Select one:

A. pays interest payments of $75.00 every six months.

B. has a current yield of 7.34 percent.

C. is currently quoted at a price of 101.02.

D. sells at par value.

The free community newspaper distributed to households in the city of Parkview is an example of a promotional or advertising medium.

Advertising media refers to the various channels or vehicles that businesses use to convey promotional messages to their target audience. Examples of advertising media include print media, such as newspapers, magazines, and flyers, as well as electronic media, such as radio, television, and the internet.

The free community newspaper is a form of print media that local businesses can use to reach out to potential customers in the Parkview area. By placing ads in the newspaper, businesses can promote their products and services to a large and diverse audience, potentially increasing their visibility and customer base.

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The year 4 cash flow is $63,459.

Initial Investment = $22,800

Residual Value = $4,820

Useful Life = 4 years

Annual Depreciation = (Initial Investment - Residual Value) / Useful Life

Annual Depreciation = ($22,800 - $4,820)/4

Annual Depreciation = $17,980/4

Annual Depreciation = $4,495

Initial Investment in NWC = $4,450

Salvage Value = $5,790

After-tax Salvage Value = Salvage Value - (Salvage Value - Book Value) × Tax Rate

After-tax Salvage Value = $5,790 - ($5,790 - $4,450) × 0.21

After-tax Salvage Value = $5,790 - $1,340 × 0.21

After-tax Salvage Value = $5,790 - $281.4

After-tax Salvage Value = $5,509

Annual Operating Cash Flow = $53,500

Year 4:

Net Cash Flows = Operating Cash Flow + NWC recovered + After-tax Salvage Value

Net Cash Flows = $53,500 + $4,450 + $5,509

Net Cash Flows = $63,459

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Exclusive distribution intensity helps a seller maintain a particular image and control the flow of merchandise into an area. The correct option is D.

Exclusive distribution is a distribution approach where the seller limits the availability of a product to one or a few retail outlets within a geographic region. This approach helps the seller maintain a particular image and control the flow of merchandise into the area, making it attractive to many shopping-goods manufacturers.

Exclusive distribution is often used for high-end and luxury products, such as designer clothing, high-end consumer electronics, and premium home appliances. It is also used for products that require a high level of technical support, such as industrial machinery and complex computer systems.

By limiting the number of retail outlets, the manufacturer can maintain tighter control over the pricing and presentation of the product. It also ensures that the product is available only in stores that meet certain standards, such as those with a high level of customer service or a specific target market.

Overall, exclusive distribution can help the manufacturer maintain the desired brand image and create a sense of exclusivity and desirability around the product.

Therefore, correct option is D.

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Complete question is:

_____ distribution helps a seller maintain a particular image and control the flow of merchandise into an area, which makes this approach attractive to many shopping-goods manufacturers, such as most apparel items, home items like branded pots and pans or sheets and towels, branded hardware and tools, and consumer electronics.

A) Variable

B) Selective

C) Intensive

D) Exclusive

E) Collective

kerri is responsible for production warehouse function.

The goods needed for manufacturing processes are kept in a production (or manufacturing) warehouse. These facilities are used to store and supply semi-finished goods, production parts, components, and raw materials. Moreover, these facilities supply firm production lines, ensuring continuous production. As a result, these supply facilities are typically built close to the manufacturing hubs. Pallet conveyors can automatically deliver the goods to the production lines because they are frequently connected to the plants themselves.

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The cost of sales for Newark Company can be calculated based on the given information of cash sales and credit sales. First, let's define the terms and then follow the steps to find the cost of sales:

- Cash sales: The amount of revenue generated from sales paid in cash, which is $520,000 in this case.
- Credit sales: The amount of revenue generated from sales made on credit, which is $1,420,000 in this case.
Step 1: Calculate the total sales
To find the total sales, we need to add the cash sales and credit sales together:
Total sales = Cash sales + Credit sales
Total sales = $520,000 + $1,420,000

Step 2: Find the cost of sales
Unfortunately, the provided information does not give any direct details about the cost of sales for Newark Company. Cost of sales typically includes the direct costs of producing or purchasing the goods or services that the company sells, such as raw materials, labor, and manufacturing overhead.

Without this information, it's impossible to calculate the exact cost of sales for Newark Company. However, if you can obtain information on the cost of goods sold (COGS), gross margin, or any other details related to production or purchasing costs, you can then calculate the cost of sales for Newark Company.

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When the US imposes tariffs, the US producer surplus increases by more than the US consumer surplus increases.

Tariffs increase the price of imported goods, making them more expensive for consumers, which reduces their demand. As a result, domestic producers increase their production, which leads to higher prices, larger profits, and increased producer surplus. However, consumers bear the cost of the tariffs, leading to a decrease in consumer surplus. Therefore, the increase in producer surplus is greater than the increase in consumer surplus, resulting in a net loss for the economy.

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When the distribution of income is highly skewed, it is appropriate to use the median as the measure of central tendency for characterizing income.

When a distribution of income is highly skewed, the use of the mean as a measure of central tendency may not be appropriate since it is sensitive to extreme values or outliers. Instead, a more appropriate measure of central tendency is the median.

The median is the value that splits the distribution into two equal parts, where half of the observations are below it and half are above it. Unlike the mean, it is not affected by outliers or extreme values since it only considers the position of the observations in the distribution rather than their actual values. Therefore, in skewed distributions, the median provides a more representative measure of the typical value of the variable of interest.

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"To improve sales and increase customer interest, a grocery store reduces the prices of its gourmet cheese products, sending out an email advertisement to a shoppers. This is an example of a promotional discount".

The grocery store's decision to reduce the prices of its gourmet cheese products and promote it through an email advertisement is an example of a promotional discount strategy aimed at increasing sales and customer interest.

Promotional discounts are a popular marketing strategy used by businesses to attract new customers and retain existing ones. By offering discounts or reduced prices on products, businesses can increase customer interest, drive sales, and boost revenue. In this scenario, the grocery store is using a promotional discount strategy by reducing the prices of its gourmet cheese products and sending out an email advertisement to shoppers.

This can incentivize customers to purchase the products, increase their satisfaction with the store, and potentially lead to repeat business. Overall, promotional discounts can be an effective tool for businesses looking to improve sales and attract and retain customers.

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The FICA tax is a payroll tax that is composed of two parts: Social Security tax and Medicare tax.

For 2022, the Social Security tax rate is 6.2% and is applied to the first $147,000 of an employee's salary. The Medicare tax rate is 1.45% and is applied to all of an employee's salary with no cap.

Therefore, to calculate the amount of FICA tax that Rasheed will pay for the year:

Social Security tax = 6.2% * $147,000 = $9,114

Medicare tax = 1.45% * $350,000 = $5,075

Total FICA tax = $9,114 + $5,075 = $14,189

Rasheed will pay $14,189 in FICA tax for the year

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Adam smith believed that the individual pursuit of self-interest often promotes the broader interests of society. Option d is the correct option.

Adam Smith, often referred to as the “Father of Economics”, developed the concept of the “invisible hand” in his 1776 book, An Inquiry into the Nature and Causes of the Wealth of Nations. He argued that when individuals pursue their own self-interest in the marketplace, they unintentionally promote the interests of society as a whole.

Smith argued that the pursuit of self-interest would lead to individuals producing goods and services that are in demand by society. This, in turn, would create competitive markets where consumers could get the highest quality goods at the lowest cost. Furthermore, Smith reasoned that competition would encourage producers to become more efficient, which would lead to better products and lower prices for consumers.

Additionally, Smith argued that the pursuit of self-interest would lead to specialization and the division of labor. By specializing in a particular skill, individuals would become more productive, leading to greater economic growth. This economic growth would benefit all members of society, not just the individual who is pursuing their own self-interest. Option d is the correct option.

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The complete question is:

Adam smith believed that the individual pursuit of self-interest select one:

a. should usually be discouraged.

b. is impossible in a perfectly competitive market.

c. always leads to an efficient outcome.

d. often promotes the broader interests of society.

The right-of-use asset would be recorded as the sum of the lease liability plus any lease incentives provided by the lessor plus any prepayments less any initial direct costs.

In this case, the lease payable is $500,000 per year for five years starting October 1, 2025 with an 11% interest rate. Therefore, the lease liability could be calculated as:

PV of annuity due = PMT x [(1 - (1 + r)⁻ⁿ) / r] x (1 + r)

where:

PV of annuity due = present value of the lease payments

PMT = payment amount per period

r = interest rate per period

n = number of periods

In this case, PMT is $500,000, r is 11%, and n is 5. Therefore:

PV of annuity due = $500,000 x [(1 - (1 + 0.11)⁻⁵) / 0.11] x (1 + 0.11)

                = $1,992,673

The right-of-use asset would then be calculated as the sum of the lease liability plus any lease incentives provided by the lessor plus any prepayments less any initial direct costs.

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The risk analyst can contribute to all aspects of the four key risk questions listed below. However, the specifics of certain aspects may be off-limits to them.

The risk analyst is responsible for examining potential hazards and identifying what could go wrong. They use this information to develop and implement risk management strategies to reduce the likelihood of negative consequences occurring. To answer the first question,  risk analysts will contribute by identifying potential hazards or threats that could arise. They will analyze the situation to identify the factors that could contribute to the issue and work with other experts to develop a comprehensive understanding of the risks involved.

In response to the second question, the risk analyst will contribute by assessing the likelihood of each identified risk occurring. This assessment is based on the data they have gathered and any previous experience they may have had.To answer the third question, " the risk analyst will contribute by assessing the potential impact of each identified risk. They will determine the potential consequences of each risk and work with other experts to develop a plan to mitigate those risks. Finally, to answer the fourth question, the risk analyst will contribute by developing a plan of action to manage the identified risks. This plan may include a combination of risk reduction, risk avoidance, and risk transfer strategies.

Certain aspects of risk management may be off-limits to risk analysts, depending on their role within an organization. For example, risk analysts may not be involved in making final decisions about the level of risk that an organization is willing to accept. This decision is typically made by upper management or other executives. In addition, risk analysts may not be involved in developing or implementing risk management strategies without the input of other experts. Other experts, such as legal or financial professionals, may need to be consulted before any risk management strategies are put into place.Benefit/cost is not directly related to the four key risk questions and is not addressed in the question, so it is not relevant to this answer.

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Payables have grown in number. When the accounts payable rise as a result of the cash payable not being paid, the cash flow increases and becomes a source of it. Other approaches would all either result in higher outflow or lower cash flow.

"Cash flows" are frequently used to refer to payments that are projected for the future, so unknown, and require cash flow forecasting. Time t, nominal quantity N, currency CCY, and account A all go into determining a cash flow; therefore, CF = CF symbolically. In its strictest sense, a cash flow refers to a payment, particularly one made from one central bank account to another. Cash flows might be real or imagined movements of money. To refer to payments made into or out of a business, project, or financial asset, the term "cash flow" is, nevertheless, widely used in a more general sense.

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Tariffs are taxes imposed on imported products. A tariff is a tax that a government levies on goods imported into a country.

In general ,Tariffs are typically designed to protect domestic industries that makes imported goods and also more expensive and less competitive than domestic products.

Also,  the price of imported goods, tariffs provide domestic producers with an advantage in the marketplace, as consumers are more likely to purchase lower-priced domestic goods. Therefore , tariffs will also increase the cost of goods for domestic consumers, as the added cost of the tariff is typically passed on to the consumer in the form of higher prices.

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This an example of sexu-ally assault. Sexual assault is defined as the intentional performance of a sexual act on another person without that person's permission or the physical or verbal coercion of someone into performing a sexual act against their will.

It is a type of sexual abuse that involves groping, ra-pe or torturing someone in a sexual way. Sexual haras-sment is physical or verbal pressure that is of a sexual character. Another definition of it is the unwanted or improper offer of rewards in return for sexual favors. Cultural differences are significant when it comes to the legal and societal definitions of sexual haras-sment. 

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Since volunteers can both help and hinder disaster reaction, managing them is unlike managing professional first responders.

In the wake of disasters, it's not unusual for a sizable group of people—from trained professionals to untrained but well-intentioned volunteers—to congregate on the disaster site to give assistance to victims or other responders. Volunteers present a paradox to professional responders at the site because they can be both a help and a hindrance in crisis response. Findings from focus groups and in-depth structured interviews show that US&R task forces assess the volunteers based on their perceived legitimacy, usefulness, and any possible responsibility or hazard during the crisis response.

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A job cost sheet includes direct material, direct labor, and applied overhead.

The correct answer is d.

In general , job cost sheet is a document used to record the direct materials, direct labor, and overhead costs associated with a particular job or project. The purpose of a job cost sheet is to provide a detailed breakdown of the costs associated with a specific job.

Also it can includes Direct labor represents the wages and benefits paid to employees who work directly on the job or project. Applied overhead is an estimate of the indirect costs associated with the job, such as rent, utilities, and depreciation, which are allocated to the job based on a predetermined rate.

Hence, D is the correct option

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The Fabric Lovers Club is a good way to develop customer loyalty.

The Fabric Lovers Club is a club that provides its members with $20 worth of club merchandise for every $200 they spend, as well as additional discounts on classes and new fabric lines. The Fabric Lovers Club is an excellent way to establish customer loyalty. This is the correct answer to the question.

Other ways of developing customer loyalty-:

The Fabric Lovers Club is a good way to develop customer loyalty. By offering club merchandise worth $20 for every $200 spent, as well as additional discounts on classes and new fabric lines, the quilt shop encourages customers to keep coming back and making purchases, thus building loyalty among its members.

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To change the orientation of the PivotChart and switch the axis fields, follow these steps:

Click anywhere in the PivotChart to activate it.

Go to the "Design" tab on the ribbon, under the "PivotChart Tools" section.

Click on the "Switch Row/Column" button in the "Data" group.

The chart will be updated with the regions now along the horizontal axis and salespeople in the legend.

Alternatively, you can also drag and drop the field headers from the "Axis Fields" and "Legend Fields" areas in the "Fields" pane to switch them around.

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The redemption qualifies as disproportionate redemption if after the distribution" shareholder owns less than 50 percent of the interest owned before redemption or shareholder owns less than 80 percent of the total combined voting power of all classes of stock entitled to vote". Option c is correct.

The disproportionate redemption occurs usually in two conditions first that your interest after the redemption must be less than 80% of your interest before the redemption and then the second condition is that you must possess less than 50% of the voting power of all voting stock after the redemption.

In option c, both conditions cause disproportionate redemption meaning that the shareholder may end up with less voting power or ownership interest than they had before the redemption

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The group of closely related product items represents option c. product line.

These products are usually similar in terms of their features, functions, customer segments, and distribution channels.

Product line depth refers to the number of products within a product line.

Product mix  refers to the entire range of products offered by a company.

Product mix width refers to the number of different product lines that a company offers.

Product line decisions involve choices related to product development, pricing, branding, and marketing strategies, among others.

Product line strategies are important for companies to manage their product portfolio and cater to different customer needs and preferences.

Some examples of product lines could be,

Different models of smartphones offered by a mobile phone company, or various flavors of toothpaste offered by a toothpaste brand.

Therefore, the group closely related to product items is option c. product line.    

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The purchase of equipment can be recorded using a horizontal statements model to show the effect on assets and equities.  Accumulated depreciation is $40,000 (Assets), Net income is $32,000(2018), $43,000(2019), and Cash, end of year is $78,000(2019), $138,000(2018).  

a. The purchase of equipment can be recorded in a horizontal statements model as follows(image attached):

b-1. The income statements for 2018 and 2019 can be prepared in a vertical statements format as follows (image attached):

b-2. The balance sheets for 2018 and 2019 can be prepared in a vertical statements format as follows(image attached):

b-3. The statements of cash flows for 2018 and 2019 can be prepared in a vertical statements format as follows(image attached):

The income statements for 2018 and 2019 show the company's revenues, expenses, and net income for each year. The balance sheets for 2018 and 2019 show the company's assets, liabilities, and equity at the end of each year. The statements of cash flows for 2018 and 2019 show the company's cash inflows and outflows for each year, including cash flows from operating, investing, and financing activities.

Overall, the horizontal statements model shows the purchase of equipment, while the vertical statements format shows the income statements, balance sheets, and statements of cash flows for the years 2018 and 2019. These financial statements provide a snapshot of Golden Manufacturing Company's financial position and performance, including its revenues, expenses, net income, assets, liabilities, and cash flows.

The complete question is

Golden Manufacturing Company started operations by acquiring $150,000 cash from the issue of common stock. On January 1, 2018, the company purchased equipment that cost $120,000 cash, had an expected useful life of six years, and had an estimated salvage value of $4,000. Golden Manufacturing earned $72,000 and $83,000 of cash revenue during 2018 and 2019, respectively. Golden Manufacturing uses double-declining-balance depreciation.

Required

Record the purchase in a horizontal statements model.

b-1.Prepare an income statements for 2018 and 2019. Use a vertical statements format.

b-2.Prepare a balance sheets for 2018 and 2019. Use a vertical statements format.

b-3. Prepare a statements of cash flows for 2018 and 2019. Use a vertical statements format.

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