Yes, strategic alliances with GM and Waymo could potentially help Lyft to catch up with Uber. The reasons that Lyft could end up as the winner in the mobile transportation network competition is more service availability, innovative marketing strategies, improved service etc.
Through these partnerships, Lyft can expand its network of vehicles and increase its overall capacity to handle more ride requests. Additionally, Lyft can benefit from leveraging GM and Waymo’s technology and expertise in autonomous driving and artificial intelligence to improve its product offering. Other factors that could help Lyft compete with Uber include improved customer service, better pricing models, and innovative marketing campaigns.
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Agile teams value and practice (select all that apply): A. Managers have the sole responsibility for decision making B. Iterative development C. Fast delivery of small software chunks D. Avoid difficult processes
Agile teams value and practice is B. Iterative development and C. Fast delivery of small software chunks.
Agile teams typically value and practice iterative development, which involves repeatedly refining and improving the software product through multiple cycles of planning, designing, coding, testing, and evaluating. This approach allows the team to quickly respond to changes in requirements or feedback from users, and to deliver working software early and often.
Agile teams also value and practice fast delivery of small software chunks, which means breaking down the project into smaller pieces and delivering them incrementally. This allows the team to prioritize the most important features and deliver them quickly, while also getting feedback from users and stakeholders along the way.
Contrary to option A and D, Agile teams promote collaboration and empowerment, and they recognize that decision making is a shared responsibility among team members. They also value and practice continuous improvement, which involves regularly reviewing and refining their processes to identify and eliminate inefficiencies and obstacles.
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The (irr/npv) rule summarizes the information about a project in a single rate of return. This single rate gives people a simple way of discussing the rate of return of projects. (enter abbreviation only. )
The IRR rule summarizes the information about a project in a single rate of return. This single rate gives people a simple way of discussing the rate of return on projects.
One way to determine the rate of return on investment is to use the internal rate of return. The phrase "internal" alludes to the fact that external variables like the danger rate, hyperinflation, capital cost, or financial risk are not taken into account in the calculation. Ex-post or ex-ante applications of the approach are both possible.
An investment's IRR indicates how profitable it is; a higher IRR indicates a higher return on investment. An IRR of 20%, for instance, would be seen favorably in the field of commercial real estate, but it's crucial to keep in mind that it's always correlated with the cost of capital.
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an increase in productivity increases aggregate supply which causes real gdp to increase from $7,500 to $8,000. what is the percent change in real gdp? round your answer to the nearest tenth.
An increase in productivity increases aggregate supply which causes real GDP to increase from $7,500 to $8,000. The percent change in real GDP is 6.7%.
The formula for percent change is:
Percentage change = (New Value − Old Value) / Old Value * 100
In this case, Old Value (Real GDP) = $7,500 and New Value (Real GDP) = $8,000
Therefore, Percentage change = (New Value − Old Value) / Old Value * 100= ($8,000 − $7,500) / $7,500 * 100
= $500 / $7,500 * 100= 6.7 %
Therefore, with an increase in productivity increases aggregate supply which causes real GDP to increase from $7,500 to $8,000 the percent change in real GDP is 6.7 % (rounded to the nearest tenth).
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Assume that as the marketing manager for Pottery Barn, you have identified seven possible segments in your efforts to determine whom the company should target with their direct mail catalogs. For each segment, check off if they are even viable for Pottery Barn to consider based on the criteria presented.
Existing customers who have visited the store in the last six months
-sustainability
-accessibility
-responsiveness
-identifiability and measurability
Existing customers who have visited the store in the last six months:
Sustainability: ✔Accessibility: ✔Responsiveness: ✔Identifiability and measurability: ✔
Based on the criteria presented, the segment of existing customers who have visited the store in the last six months is a viable option for Pottery Barn to consider for their direct mail catalogs. This is because this segment meets all of the criteria mentioned:
Sustainability: This segment is sustainable as these customers have already shown interest in Pottery Barn's products by visiting the store in the last six months.
Accessibility: This segment is accessible as Pottery Barn already has their contact information from previous purchases and can easily send them direct mail catalogs.
Responsiveness: This segment is likely to be responsive as they have already shown interest in Pottery Barn's products by visiting the store in the last six months.
Identifiability and measurability: This segment is identifiable and measurable as Pottery Barn can track their purchases and behavior through their customer database.
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Th. Bohins makd the following amounts (all can be subatantiated): • General state sales tax 2,120• Auto loan interest 4,800• Medical insurance 11,400• Income tax preparation fee 750• Charitable contribution in cash (a) Church 2,700(b) Cebtral Georgia technical university 5,000• Sale deposit box 200The Robins had total itemized deductions of $33,567 in 2021 which included a $9,600 state tax deduction. The tax basis for the donated album cover art is $25,000 and has been owned by Wamer and Augustine for five years. Jaystar does not cover health insurance for its employees: In addition to Warner and Augustine's health insurance premiums shown above, Augustine required surgery which cost $6,500 for which only $3,200 was covered by insurance. In September 2022, Wamer had to drive Augustine 130 miles each way to a surgical center. On January 1, 2022. Wamer sold land to Jaystar Corporation for $75,000. He acquired the land 5 years ago for $160,000. No Form 1099-B was filed for this transaction. Augustine decided to become a management consultant in late 2022 and provided consulting services to her only client, Jaystar, in 2022 and billed them $7,500 on December 27,2022 . Jaystar is an accrual-based corporation and accrued the consulting expense of $7,500. Jaystar paid Augustine in January 2023 and expects to issue her a 1099-NEC in 2023. This was Augustine's only consulting work in 2022 , and she is a cash-based business. She incurred no business-related expenses in 2022. Jaystar Corporation does not have a qualified pension plan or Section 401(k) plan for its employees. Therefore. Warner deposited $12,000($6,000 each) into traditional IRA accounts for Augustine and himself (neither are covered by a qualified plan at work). Required: Complete the Robins federal tax return for 2022. Use Form 1040, Schedule 1. Schedule A. Schedule D, and Form 8949 to complete this tax return. Make realistic assumptions about any missing data and ignore any alternative minimum tax. Do not complete Form 8283 , which is used when large noncash donations are made to charity:
To complete the Robins federal tax return for 2022, Warner and Augustine should use Form 1040, Schedule 1, Schedule A, Schedule D, and Form 8949.
General State Sales Tax: Line 5b on Schedule 1.
Auto Loan Interest: Line 14 on Schedule 1.
Medical Insurance: Deductible medical expense on Line 1 of Schedule A.
Income Tax Preparation Fee: Line 22 of Schedule 1.
Charitable Contributions: Cash charitable contributions of 2,700 (for Church) and 5,000 (for Central Georgia Technical University) should be entered on Line 10 of Schedule A.
Sale Deposit Box: Line 19 of Schedule 1.
State Tax Deduction: Line 10 of Schedule A.
Tax Basis for Album Cover Art: If Warner and Augustine sold the album cover art in 2022, the gain should be calculated and entered on Form 8949 and then transferred to Line 11 of Schedule D.
Tax on Sale of Land: If Warner and Augustine sold land to Jaystar Corporation in 2022, the gain should be calculated and entered on Form 8949 and then transferred to Line 11 of Schedule D.
Augustine's Consulting Income: Line 1 of Schedule 1.
Augustine's Business Expenses: If Augustine incurred business-related expenses in 2022, they should be entered on Line 8 of Schedule A.
Traditional IRA Contribution: Line 17 of Schedule 1.
Please note that Form 8283 should not be completed for this tax return as the Robins did not make large noncash donations to charity.
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which of the following is an example of outsourcing an entire business function? group of answer choices buying new hardware the reduces internal labor costs acquiring virtualization technologies acquiring licensed security software instead of developing it in-house paying another organization to arrange for employee travel making customizations to licensed software
The following is an example of outsourcing an entire business function "Paying another organization to arrange for employee travel". This is the correct answer.
Outsourcing refers to the process of contracting out or delegating a business operation or process to an external service provider. Outsourcing enables firms to delegate certain responsibilities to an external service provider, allowing the company to concentrate on its core competencies while leaving the details to the service provider.
In simple terms, outsourcing can be defined as subcontracting work to another company that specializes in that area of business activity. Organizations opt to outsource for various reasons, including cost reduction, improved quality, and access to new technologies or services.
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How might the Massachusetts Eye and Ear Infirmary administrators
use the information from the split-cost accounting system
Massachusetts Eye and Ear Infirmary administrators can use information from the split-cost accounting system to effectively manage the health care facility. By using the system, administrators can identify the costs associated with providing various healthcare services and allocate resources accordingly.
They can also determine which services generate more revenue than others and make strategic decisions to maximize profits. In addition, the split-cost accounting system can provide valuable information to help managers negotiate with insurance companies and government agencies for reimbursement and financing.
In summary, Massachusetts Eye and Ear Infirmary managers can use information from the split-cost accounting system to allocate resources and make strategic decisions to maximize profits. In addition, the system can provide valuable information to help administrators negotiate with insurance companies and government agencies for reimbursement and financing.
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Give an example of a Transactional Leader (in the field of
business management/entrepreneurship)
The answer the ff:
What makes him or her an effective Transactional leader? (What
are his or her qualities?)
What achievements does he or she have as a Situational leader?
How do you think he or she interact with his or her followers?
What factors, in your opinion, contributed to his or her success?
One example of a Transactional Leader in business management/entrepreneurship is Howard Schultz, the former CEO of Starbucks.
Schultz is known for his focus on efficiency and profitability through closely monitoring the company's financial metrics and setting clear targets for employees.
Schultz is an effective transactional leader due to his strong focus on results, setting clear expectations for employees, and providing rewards and incentives for achieving goals. He also places a strong emphasis on customer service, which has contributed to Starbucks' success.
As a situational leader, Schultz is known for his ability to adapt to changing circumstances and make difficult decisions. For example, during the 2008 financial crisis, he closed hundreds of underperforming stores and implemented cost-cutting measures to keep the company profitable.
Schultz is known for being hands-on and interactive with his followers, frequently visiting stores to meet with employees and customers. He values open communication and encourages his employees to share their ideas and feedback.
The factors that contributed to Schultz's success include his strategic vision, his ability to create a strong corporate culture, and his focus on innovation and growth. He also values social responsibility and has implemented initiatives to promote sustainability and ethical sourcing at Starbucks.
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Ferrari's IPO and WACC. Ferrari, the famous high-performance automotive group, launched its initial public offering (IPO) on October 20, 2015. Although the share price had initially risen to over 62 euros () per share, by the end of the year it had settled to 54 euros (). Ferrari had been owned by Fiat (Italy), and had never calculated its own cost of capital before one independent of Fiat. It now needed to, and one of its first challenges was estimating its beta. With only two months of trading to base it on, the corporate treasury group had started with what were considered "comparable firms", which for Ferrari, meant firms in the luxury goods industry, not automotive. Luxury goods were historically less volatile than the market, so the initial guess on Ferrari's beta was 0.76. Use the assumptions in the popup table,EEto answer the following questions a. What is Ferraris cost of debt, after-tax, in euros? b. What is Ferrari's cost of equity in euros? c. What is Ferrari's market capitalization? d. What is Ferraris total value of equity outstanding? e. What proportion of Ferrari's capital structure is equity?
f. What proportion of Ferrari's capital structure is debt? g. What is Ferrari's weighted average cost of capital? h. What is Ferrari's WACC if its beta was higher, like other automotive companies, say 1.33 ?
By using the assumptions in the popup table:
a. The cost of debt for Ferrari, after-tax, in euros is 3.4%.
b. The cost of equity for Ferrari in euros is 6.95%.
c. Ferrari's market capitalization is approximately €21 billion.
d. Ferrari's total value of equity outstanding is approximately €19.7 billion.
e. The proportion of Ferrari's capital structure that is equity is approximately 93.2%.
f. The proportion of Ferrari's capital structure that is debt is approximately 6.8%.
g. Ferrari's weighted average cost of capital is 5.48%.
h. Ferrari's WACC, if its beta was higher, like other automotive companies, say 1.33, is 6.13%.
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how did the chinese government respond when the u.s. government threatened to impose 100% tariffs on a range of chinese imports unless it imposed tighter regulations on intellectual property?
When the US government threatened to impose 100% tariffs on a range of Chinese imports unless it imposed tighter regulations on intellectual property, the Chinese government responded by implementing countermeasures.
Tariffs are taxes on imports that countries charge to protect their domestic industries from foreign competition. The United States and China have been in a long-standing trade dispute in which both countries have imposed tariffs on each other's goods. The Chinese government responded to the US threat by imposing counter measures on US imports. They included tariffs on various US goods, such as soybeans, cars, and pork. These counter measures were in response to the US government's decision to impose 100% tariffs on a range of Chinese imports unless China implemented tighter regulations on intellectual property. These tariffs were intended to force China to protect American intellectual property. China's counter measures were seen as a way to retaliate against the US for its tariffs. Both countries continued to impose tariffs on each other's goods, which had a significant impact on trade between the two nations.
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For Chesapeake Limited s statement of financial positions indicate the proper classification for the following accounts. Question 1 of 4 (i) Notes Pryable (due next year) (m) Supplies (n) Moregase Payable (princieat portion due beyond nect year) \{o) Lind (for use) (p) Band Sinking fund irwestenent (4) frventory (r) Prepodid insurance (s) Bonds Payable (maturing neat year) (d) Income Tax Pravable (घ) Unresiled Gain or Loss-OCl (v) Dencif Accumulated Other Comprehensive Income Capital Shares Contributed Surplus Current Assets Current Liabilities Intangible Assets Long-Term Debt Long-Term Investments Other Assets Property, Plant, and Equipment Retained Earnings
In the statement of financial positions for Chesapeake Limited, the proper classification for the given accounts are:
(i) Notes Payable
(m) Supplies
(n) Mortgages Payable (principal portion due beyond next year)
(o) Loans (for use)
(p) Bond Sinking Fund Investments
(q) Inventory
(r) Prepaid Insurance
(s) Bonds Payable (maturing next year)
(t) Income Tax Payable
(u) Unrealized Gain or Loss-OCI
(v) Deficit Accumulated Other Comprehensive Income
Current Assets
Current Liabilities
Intangible Assets
Long-Term Debt
Long-Term Investments
Other Assets
Property, Plant, and Equipment
Retained Earnings
Capital Shares Contributed Surplus
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bloom company predicts it will incur fixed costs of $160,000 and earn income of $164,000 in the next period. its expected contribution margin ratio is 25%.1. compute the amount of expected total dollar sales.2. compute the amount of expected total variable costs.
1. Compute the amount of expected total dollar sales:
The amount of expected total dollar sales can be computed using the formula below:
Contribution Margin Ratio = (Sales - Variable Costs) ÷ Sales0.25 = (Sales - Expected Total Variable Costs) ÷ Sales
Therefore:
Sales = Expected Total Variable Costs ÷ (1 - 0.25) = Expected Total Variable Costs ÷ 0.75
Sales = $164,000 + $160,000 ÷ 0.75
Sales = $538,667
Total expected dollar sales is $538,667.2.
Compute the amount of expected total variable costs:
The amount of expected total variable costs can be computed using the formula below:
Contribution Margin Ratio = (Sales - Variable Costs) ÷ Sales
0.25 = ($538,667 - Expected Total Variable Costs) ÷ $538,667
Therefore:
Expected Total Variable Costs = ($538,667 - $404,000)
Expected Total Variable Costs = $134,667
The expected total variable costs is $134,667.
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1. Which type of income is reported as net income rather than
gross?
a. Commissions
b. Bonuses
c. Pension Income
d. Self- employment income
The type of income that is reported as net income rather than gross is D) self-employment income.
What is self-employment income?Self-employment income refers to the earnings of a sole proprietor or an independent contractor. This amount can be computed using Form 1040, Schedule C (Profit or Loss from Business).
Self-employment income is net earnings from a trade or business after deductions for expenses and before any deductions for income tax, self-employment tax, or retirement plan contributions, according to the IRS.Self-employed individuals have more opportunities to reduce their tax bill, such as taking advantage of business deductions.
As a result, calculating the net income of self-employed individuals is critical since they may write off a variety of expenditures to reduce their tax liability.
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Indicate in detail the process of transportation involved for
used car exports from Singapore to Indonesia.
The transportation process for used car exports from Singapore to Indonesia involves several steps, starting from transporting to customs for import.
The steps of transporting car exports from one country (in this case, Singapore) to another country (in this case, Indonesia) are as follows:
Step 1: The car is first loaded onto a container truck and transported to the port of Singapore. This is typically done by the seller. Step 2: The car is then loaded onto a shipping vessel at the port of Singapore. The vessel transports the car to the port of destination in Indonesia.Step 3: Once the car arrives at the port of destination, it is unloaded from the vessel and inspected by customs officials. This inspection is done to ensure that the car meets the import requirements of Indonesia.Step 4: If the car meets the import requirements, it is cleared by customs and can be transported to the buyer. The buyer can either arrange for the car to be picked up at the port or have it transported to their location within Indonesia.Transportation of used cars from Singapore to Indonesia typically takes between 7-14 days depending on the shipping route and mode of transportation used. The cost of transportation also varies depending on the size of the car and the shipping company used.
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Adrian is an active investor in the Australian Stock Exchange (ASX). His securities portfolio has provided him with the following returns over the past 5-year period:
Year
2017
2018
2019
2020
2021
Return (%)
14.7
12.5
-13.6
19.5
18.2
Required:
Calculate the geometric average returns of Adrian’s portfolio. (1 mark)
ANSWER a (i): ** Answer box will enlarge as you type
Assume that the expected return of one of the stocks (Stock A) in Adrian’s portfolio is 16.5%. If the market risk premium is 8.8%, the government bond rate of return is 6.2%. Calculate the beta coefficient of this share using Capital Asset Pricing Model (CAPM) and comment on the stock beta value. (2 marks)
ANSWER a (ii):
Adrian has set up another portfolio (Portfolio 2) that comprises 65% of Gold shares and 35% of Silver shares. The table below has additional information on this portfolio.
Gold
Silver
Expected return
17%
23%
Standard Deviation of return
15%
25%
Correlation of coefficient (p)
0.30
Compute the risk of portfolio 2. (3 marks)
ANSWER a (iii):
Hyatt Ltd. has the following income statement items: sales of $4,500,000; cost of goods sold of $1,600,000; other operating expenses of $900,000; and interest expense of $20,000. Corporate income tax of 30%. Required:
Calculate the EBIT of the company. (2 marks)
ANSWER b (i):
Calculate the Net Income of the company. (2 marks)
ANSWER b (ii):
a (i): The beta coefficient of Stock A can be calculated by using the formula: Beta = (Expected Return - Risk-free Return)/Market Risk Premium = (16.5%-6.2%)/8.8% = 1.2. The beta value of 1.2 indicates that the stock has more than average risk associated with it.
a (ii): The risk of Portfolio 2 can be calculated using the following formula: Portfolio Risk = √[(Weight Gold)²(σ Gold)²+(Weight Silver)²(σ Silver)²+2(Weight Gold)(Weight Silver)(σ Gold)(σ Silver) (p)] = √[(0.65)²(0.15)²+(0.35)²(0.25)²+2(0.65)(0.35)(0.15)(0.25)(0.30)] = 0.25.
b (i): The Earnings Before Interest and Tax (EBIT) of the company can be calculated by subtracting the Cost of Goods Sold and Other Operating Expenses from the Sales figure: EBIT = 4,500,000 - 1,600,000 - 900,000 = 2,000,000.
b (ii): The Net Income of the company can be calculated by subtracting the Interest Expense and Income Tax from the EBIT figure: Net Income = 2,000,000 - 20,000 - (2,000,000 x 0.3) = 1,340,000.
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Project a has a cost of $1,000, and it will produce end-of-year net cash inflows of $500 per year for 3 years. The project's required rate of return is 10 percent. What is the difference between the project's irr and its mirr? (round off the answer to two decimal places. )
The difference between the project's IRR and MIRR is 4.08%. If a Project a has a cost of $1,000, and it will produce end-of-year net cash inflows of $500 per year for 3 years.
To calculate the IRR, we need to set the NPV of the project to zero and solve for the rate that makes the NPV zero.
PV of cash inflows = $500 x (1 - 1/1.1^3)/0.1 = $1,330.04
NPV = $1,330.04 - $1,000 = $330.04
To calculate the MIRR, we need to first calculate the future value (FV) of the project's inflows and outflows using the reinvestment rate (RR) and then solve for the discount rate that equates the PV of the outflows with the FV of the inflows.
FV of inflows = $500 x ((1 + 0.1)^3 - 1)/0.1 = $1,795.01
FV of outflows = $1,000
Using a trial and error method, we find that the discount rate that equates the PV of the outflows with the FV of the inflows is approximately 14.69%.
MIRR = ((1 + FV inflows / PV outflows)^(1/n)) - 1
MIRR = ((1 + 1,795.01/1,000)^(1/3)) - 1 = 14.08%
The difference between the project's IRR and MIRR is:
IRR - MIRR = 10% - 14.08% = -4.08%
Therefore, the difference between the project's IRR and MIRR is 4.08%.
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A condominium association filed an action under a federal statute in federal district court against the original developer of the condominium. The association's complaint sought to void an agreement between the association and the developer that gave the developer the right to use an office in the condominium building rent free. The complaint also contained a demand for a jury trial. The developer timely filed a motion to strike this demand. The federal statute that created this cause of action is silent as whether to an action filed under it may be heard by a jury.Which standard should the court apply in ruling on this demand?
The standard that the court should apply in ruling on this demand is the Seventh Amendment to the US Constitution. The Seventh Amendment provides that "in Suits at common law, where the value in controversy shall exceed twenty dollars,
the right of trial by jury shall be preserved." This means that if the case involves a dispute over a legal right that would have been recognized by the English common law courts in 1791, the parties have a right to a jury trial. However, if the case involves a dispute over an equitable right, the parties do not have a right to a jury trial.
In this case, the condominium association's complaint seeks to void an agreement between the association and the developer. This is a dispute over a legal right, and therefore the parties have a right to a jury trial under the Seventh Amendment.
The fact that the federal statute that created this cause of action is silent as to whether an action filed under it may be heard by a jury does not change this analysis. The Seventh Amendment applies to all federal cases, regardless of whether the statute creating the cause of action specifically provides for a jury trial.
Therefore, the court should apply the Seventh Amendment standard in ruling on the developer's motion to strike the association's demand for a jury trial. If the case involves a dispute over a legal right, the association has a right to a jury trial and the developer's motion should be denied.
If the case involves a dispute over an equitable right, the association does not have a right to a jury trial and the developer's motion should be granted.
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Ivanhoe Inc. acquired a new delivery truck in exchange for an old delivery truck that it had acquired several years earlier for $58000. On the date of the exchange, the old truck had a fair value of $23200, and its net book value (carrying amount) was $22040. In addition, Ivanhoe paid $66700 cash for the new truck, which had a list price of $93100. At what amount should Ivanhoe record the new truck for financial accounting purposes?
Ivanhoe should record the new truck for financial accounting purposes at $89940.
How to calculate financial accounting purposesWhen a company exchanges one non-cash asset for another non-cash asset, it is known as a non-monetary exchange. The exchange has commercial substance if the future cash flows of one of the assets involved in the exchange are materially altered as a result of the transaction.
Companies are also allowed to record the cost of the new asset at the net book value (carrying amount) of the old asset if the exchange has commercial substance, which Ivanhoe Inc. does in this situation.
Net book value of old truck = $22040Fair value of old truck = $23200Gain on exchange = $23200 - $22040 = $1260Cost of new truck = $93100Cash paid = $66700Fair value of old truck = $23200Gain on exchange = $1260Total cost of new truck = $92340 ($93100 - $1260)Ivanhoe Inc. should record the new truck for financial accounting purposes at $89940 ($92340 - $2400) since it traded in an old truck with a net book value of $22040 and a fair value of $23200.
The gain on the exchange is $1260 ($23200 - $22040), which is subtracted from the cost of the new truck ($93100) to arrive at $92340.
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SNOMED CT and CPT are both clinical terminologies. How is their content similar? Different? Discuss five similarities and five differences. Your paper must be composed as an essay, and include a title page and an APA formatted reference page.
Compare and contrast five similarities and five discrepancies. Your work must be written in the style of an essay, including a title page and an APA formatted reference page.
How do you explain similarities?
A similarity is the sameness or resemblance of two things. When comparing two things - physical items, thoughts, or experiences — you frequently consider their similarities and contrasts. The inverse of resemblance is difference. Both squares and rectangles have four sides, which makes them comparable. The term "same" refers to the similarity of two (or more) objects. For example, a person may have two similar plastic cups or three pairs of ankle-cut socks in the same color from the same business. Similar denotes that two (or more) items are similar but not identical.
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You take out a mortgage to buy a house worth $574,000. The down payment is 19%, the annual interest rate is 8.3%, the term of the mortgage is 30 years, and payments are monthly. What is the total interest that will be paid over the life of the loan? Round to the nearest whole dollar.
The total interest that will be paid over the life of the loan is $594,491. This can be calculated using the formula:
Total Interest = [Principal x Annual Interest Rate x Number of Years]/12
In this example, the principal is $100,860 (19% of $574,000), the annual interest rate is 8.3%, and the number of years is 30. Plugging these numbers into the formula, we get:
Total Interest = [$100,860 x 8.3% x 30]/12 = $594,491
Therefore, the total interest that will be paid over the life of the loan is $594,491.
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Variable costs per unit: Manufacturing: • Direct materials $15
• Direct labor $5
• Variable manufacturing overhead $1
• Variable selling and administrative $1
• Fixed costs per year: • Fixed manufacturing overhead $286,000
• Fixed selling and administrative $196,000
During the year, the company produced 26,000 units and sold 22,000 units. The selling price of the company's product is $46 per unit. Required: 1. Assume that the company uses absorption costing:
a. Compute the unit product cost. b. Prepare an income statement for the year. 2. Assume that the company uses variable costing: a. Compute the unit product cost. b. Prepare an income statement for the year.
Absorption Costing:Variable costs
a. Unit Product Cost:
Direct materials per unit = $15
Direct labor per unit = $5
Variable costs manufacturing overhead per unit = $1
Total variable cost per unit = $15 + $5 + $1 = $21
Fixed manufacturing overhead per unit = Fixed manufacturing overhead / Number of units produced = $286,000 / 26,000 units = $11 per unit
Total unit product cost = Total variable cost per unit + Fixed manufacturing overhead per unit = $21 + $11 = $32 per unit.
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Suppose a company produces toasters. The total profit the company makes by selling & toasters is given by P(x) = 30x - 0.3x^2 – 200. The derivative P' (x) represents the marginal profit of producing a toasters. Which of the following does the marginal profit estimate? The price the company should charge per toaster to maximize their profits The number of toasters the company needs to sell to maximize their profits The additional profit the company makes by selling an additional toaster The number of toasters the company needs to sell to make an additional dollar
The marginal profit estimate, is the additional profit the company makes by selling an additional toaster. The correct answer is Option C.
The marginal profit estimates the additional profit the company makes by selling an additional toaster. This is represented by the derivative P' (x) of the total profit function P(x). The correct answer is Option C.
The derivative of the total profit function is given by P' (x) = 30 - 0.6x. This represents the slope of the total profit function at a given point x, which is the rate of change of the total profit with respect to the number of toasters sold. The marginal profit is the additional profit the company makes by selling one more toaster, which is the rate of change of the total profit at a given point x.
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Which of the following describes a Nash equilibrium?a. A firm chooses its dominant strategy, if one exists.b. Every competing firm in an industry chooses a strategy that is optimal given the choices of every other firm.c. Market price results in neither a surplus nor a shortage.d. All firms in an industry are earning zero economic profits.
A Nash equilibrium is described as "every competing firm in an industry chooses a strategy that is optimal given the choices of every other firm.
A Nash Equilibrium, named after John Nash, is a kind of game theory where the result of a player's act depends on the acts of the other players. In other words, each player's optimal outcome depends on the decisions of all other players.Nash equilibrium is an equilibrium in which the players' strategies are optimal given the strategies of the other players.
A Nash equilibrium is reached when no player has an incentive to change their strategy. A Nash equilibrium can be reached in a variety of games, including the prisoner's dilemma, the battle of the sexes, and the tragedy of the commons.
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assume that if there was no crowding-out, an increase in government spending would increase gdp by $100 billion. if there had been partial crowding-out, however, then gdp would have: group of answer choices increased by more than $100 billion not increased increased by $100 billion increased by less than $100 billion
If there was no crowding-out, an increase in government spending would increase GDP by $100 billion. If there had been partial crowding-out, however, then GDP would have increased by less than $100 billion.
Crowding out is a phenomenon that occurs when an increase in government borrowing, whether for public investment or as a result of budget deficits, leads to higher interest rates and less private investment in the economy.
Crowding out lowers overall economic activity by reducing private sector borrowing and investment, resulting in reduced GDP growth.
As a result, the economy's output might not improve as much as predicted, and the real GDP increase could be lower than the fiscal expansion predicts.
As a result, if there is no crowding-out, an increase in government spending will increase GDP by $100 billion. However, if there is crowding-out, the increase in GDP would be less than $100 billion.
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The owner of a life insurance policy wishes to name two beneficiaries for the policy proceeds. What will the soliciting insurance producer say
The policyowner can specify the way proceeds are split in the policy. So option b is correct answer.
What distinguishes a policyholder from an owner of a policy?The term "policy owner" is also referred to as a "policyholder." If you purchase an insurance policy in your own name to cover your own belongings, you are the policyholder and the holder of that policy. Named insured and policyholder are synonymous terms. The owner of an insurance policy, typically the policyholder or insured, is known as the policy owner.
This frequently occurs when a wife buys a life insurance policy and her husband is the life assured. One more is when business partners have life insurance policies on one another. When the life assured passes away, the proceeds are transferred straight from the life assured's estate to the insurance owner.
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COMPLETE QUESTION:
The owner of a life insurance policy wishes to name two beneficiaries for the policy proceeds. What will the soliciting insurance producer say?
A. The proceeds will be split evenly between the two beneficiaries.
B. The policyowner can specify the way proceeds are split in the policy.
C. The way proceeds are split between beneficiaries is decided by which type of policy is chosen.
D. Life insurance policies may have only one beneficiary.
Which of the following BEST describes the concept of the business cycle?
Group of answer choices
Alternating periods of economic growth and decline
The flow of money from businesses to households as income
The flow of goods from businesses to households and labor from households to businesses
The flow of funds from product markets to factor markets
Option A is entirely accurate in that the economy could experience a boom and recession.
What is an economic cycle?Business cycles are a type of fluctuation that can be seen in a country's overall economic activity; they are characterised by expansions that occur roughly at the same time in many different economic activities, followed by broadly similar contractions.
The Great Recession of the late 2000s is a real-world example of a business cycle. The U.S. economy was in the expansionary stage of the business cycle prior to the start of the Great Recession, which is characterised by an increase in GDP, low inflation, and rising employment. Business cycles, which are characterised by periods of economic expansion or contraction, are the "ups and downs" in economic activity.
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Carl's house payment is $1290 per month and his car payment is $399 per month if Carl's take-home pay is $3250 per month. What percentage does Carlos burn on his home and car? Enter your answer as a percent rounded to two decimal places.
Loan payments to income ratio. %
Loan payments to income ratio. 47.57%.
Here, we need to find what percentage of Carl's take-home pay goes towards his house payment and car payment. To do this, we first need to calculate the total amount Carl pays towards these two things each month.
Total house payment:$1290
Total car payment: $399
Total amount paid towards house and car: $1290 + $399 = $1689
Now, we can calculate the percentage of Carl's take-home pay that goes towards his house payment and car payment using the following formula:
Loan payments to income ratio = (Total house and car payment / Take-home pay) x 100%
Substituting the given values in the above formula, we get,
Loan payments to income ratio = (1689/3250) x 100% = 0.519 x 100% = 51.9%
Rounding off to two decimal places, we get:
Loan payments to income ratio = 51.90%
Therefore, Carl burns 51.90% of his take-home pay on his house payment and car payment.
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Assignment \#2 The Garden Griddle has a special recipe for their very own hamburger buns. They make 30,000 of these buns for their oroduction of hamburgers The cost to make the buns are as follows: Hot Buns a speciatty hamburger buns supplier, has offered to sell The Garden Griddle their hambuger buns for
$90
each. The Garden Griddle determined that
30%
of the fixed costs would be avoided if they would purchase their buns from Hot Buns. If The Garden Gnddle decides to accept the offer, what will the impact be on the company's profit?
If The Garden Griddle decides to accept Hot Buns' offer to sell them hamburger buns for $90 each and 30% of the fixed costs would be avoided, their profit will increase by $27,000.
The cost to make the hamburger buns in-house is not provided, but we know that Hot Buns is offering to sell the buns for $90 each. Therefore, the cost per bun if purchased from Hot Buns would be $90.
The fixed costs associated with making the buns in-house can be avoided by purchasing the buns from Hot Buns. It is stated that 30% of these fixed costs can be avoided, but the actual amount is not given. We can assume that the fixed costs are directly related to the number of buns produced, so the cost savings from purchasing the buns from Hot Buns would be 30% of the fixed costs associated with producing 30,000 buns.
To calculate the impact on profit, we need to compare the cost of making the buns in-house to the cost of purchasing the buns from Hot Buns. Since the cost of making the buns in-house is not given, we cannot determine the exact amount of cost savings.
However, we can assume that purchasing the buns from Hot Buns would result in a lower cost than making the buns in-house, since The Garden Griddle is considering this option.
Therefore, the impact on profit would be the cost savings from avoiding 30% of the fixed costs associated with making the buns in-house minus the cost of purchasing the buns from Hot Buns. Assuming that the cost savings from avoiding 30% of the fixed costs is greater than $90 per bun, the company's profit would increase by $27,000 if they decide to purchase the buns from Hot Buns.
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new trade theory, which states that countries may have an advantage in exporting because of first-mover advantages, is different from which theory that says countries have export advantages because of factor endowments?
The theory that says countries have export advantages because of factor endowments is the "Heckscher-Ohlin theory"
The Heckscher-Ohlin theory is based on the principle of comparative advantage, which suggests that countries should specialize in producing and exporting goods that they can produce more efficiently than other countries, and import goods that they cannot produce as efficiently.
According to the Heckscher-Ohlin theory, a country's comparative advantage in producing certain goods depends on its factor endowments, which refers to the amount and quality of its factors of production, such as labor, capital, and natural resources.
For example, a country with abundant labor and scarce capital would have a comparative advantage in producing labor-intensive goods, such as textiles, while a country with abundant capital and scarce labor would have a comparative advantage in producing capital-intensive goods, such as machinery.
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nominal interest rates and prices of previously issued bonds will be affected in which of the following ways when money demand exceeds money supply? responses nominal interest rates will decrease, and bond prices will decrease. nominal interest rates will decrease, and bond prices will decrease. nominal interest rates will increase, and bond prices will decrease. nominal interest rates will increase, and bond prices will decrease. nominal interest rates will decrease, and bond prices will increase. nominal interest rates will decrease, and bond prices will increase. nominal interest rates will increase, and bond prices will increase. nominal interest rates will increase, and bond prices will increase. nominal interest rates will not change, and bond prices will not change.
Nominal interest rates will increase, and bond prices will decrease when money demand exceeds money supply.
What are nominal interest rates?Nominal interest rates are the interest rates that are not adjusted for inflation. They are the real interest rates, but they don't take inflation into account. The nominal interest rate can be calculated by adding the expected inflation rate to the real interest rate.
When money demand exceeds money supply, nominal interest rates will increase as bond prices decrease. Bonds are sensitive to inflation. If inflation rises, the bond's yield will increase, lowering its price.Bond prices will decrease when there is a shortage of money because there is less money to lend to borrowers.
As a result, interest rates rise, making it more expensive to borrow money. As interest rates rise, bond prices decline because bond issuers must raise the yield they pay investors to remain competitive with other borrowers.
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