By the middle of 2016, TOMS had distributed more than 5 million pairs of sneakers across more than 70 nations. Despite the worldwide recession that started in 2009, TOMS, a privately owned and relatively new business, grew steadily and quickly.
By 2015, TOMS had developed into a business with close to 500 workers and nearly $400 million in annual sales. Numerous large department shops carried TOMS sneakers. By creating new categories of eyewear goods, Toms also extended its purpose to include recovering eyesight for people with treatable diseases of the eye.
Following are the strength and weaknesses
Strength
1. Diversity in form, color, and character.
2. The costs are reasonable.
3. A variety of shopping establishments carry sneakers. Including two flagship locations, they primarily rely on online sales and provide free shipping for their goods.
4. effectively taking critique to heart.
5. The group that associates with being morally responsible is the target market that is properly addressed.
Weakness
1. a business that is still evolving.
2. Relying solely on word-of-mouth marketing and social media.
3. refraining from heavily investing in marketing.
4. Distribution costs are greater when production is done abroad.
5. other products on the market are comparable to the top products.
External opportunities and threats
Opportunities
1. Can always design and produce a new style of shoes.
2. One for one model can be applied to many different products.
3. Causing marketing is growing larger than ever.
4. Green and sustainable business practices are becoming more popular amongst consumers.
Threats
1. The green product market's competitor is growing.
2. More businesses are starting to focus on a particular cause.
3. The shoe market is very general and has a lot of shoe companies.
4. Other established brands with a larger consumer base that compete with you include.
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focuses on regionalizing resources more effectively and responding to rapid environmental changes, such as increased political and foreign exchange risks and global competition. a. consolidated global reporting b. management of global tax risks c. strategic planning support d. global data access
The c. strategic planning support focuses on regionalizing resources more effectively and responding to rapid environmental changes, such as increased political and foreign exchange risks and global competition.
Improved resource allocation and utilisation within particular areas is the aim of more effective regionalization, which can help to increase output and competitiveness. Organizations can customise their strategies to better service the local market and obtain a competitive advantage by knowing the specific traits and needs of each area.
Another significant goal of strategic planning assistance is adapting to quick environmental changes, such as elevated political and foreign exchange risks and increased global rivalry. Organizations must be able to respond swiftly and effectively to new challenges and opportunities in a business climate that is changing fast. Organizations can foresee market changes, adapt to them, reduce risks, and seize new possibilities by engaging in strategic planning.
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a 10 percent increase in income increases the quantity demanded of online movie rentals by 3 percent. the income elasticity of demand for online movie rentals is , and online movie rentals are a(n) good.
The income elasticity of demand for online movie rentals is 0.3, and online movie rentals are a normal good.
Income elasticity of demand is a measure of how responsive the demand for a good is to changes in income. It is calculated as the percentage change in quantity demanded divided by the percentage change in income. In this case, the income elasticity of demand for online movie rentals is 3%/10% = 0.3.
A positive income elasticity of demand indicates that the good is a normal good, which means that as income increases, the demand for the good also increases. In this case, a 10% increase in income leads to a 3% increase in the quantity demanded of online movie rentals, which confirms that online movie rentals are a normal good.
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people often make decisions on the basis of a mental accounting. one facet of this accounting is making a decision based on the way a problem was posed. this is called . framing positioning the sum-cost fallacy loss aversion
The term that describes the phenomenon where people make decisions based on the way a problem is presented to them is called framing. Here option A is the correct answer.
Framing refers to the way a problem or decision is presented or "framed" which can influence the choices people make. The way a problem is framed can highlight certain aspects of the decision or problem, making it more salient or relevant to the decision-maker, while obscuring other aspects.
This can lead to different decisions being made based on the same underlying problem, depending on how it is framed. For example, if a decision is presented as a potential gain, people are more likely to take risks, while if the same decision is presented as a potential loss, people are more likely to choose a conservative option.
Similarly, the framing of information can affect how people perceive and respond to risk, which can influence their choices. Understanding the power of framing is important in many domains, such as marketing, politics, and policy-making, where the way information is presented can have a significant impact on decision-making.
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Complete question:
Which of the following terms describes the phenomenon where people make decisions based on the way a problem is presented to them?
A) Framing
B) Positioning
C) The sum-cost fallacy
D) Loss aversion
which of the below accurately describes the relationship between team cohesion and team performance? group of answer choices as team cohesion increases, so does team performance team performance increases with team cohesion up to a point, but then it starts to decline team cohesion increases as team performance increases up to a point, but then it starts to decline as team cohesion declines, so does team performance
As team cohesion increases, so does team performance this accurately describes the relationship between team cohesion and team performance. Here option A is the correct answer.
The relationship between team cohesion and team performance has been extensively researched, and the evidence overwhelmingly supports the idea that as team cohesion increases, so does team performance.
Team cohesion refers to the extent to which team members are connected, supportive, and committed to working together toward a common goal. When there is high cohesion within a team, there is a greater sense of trust, communication, and collaboration among team members. This can lead to more effective problem-solving, decision-making, and innovation.
However, there may be a point of diminishing returns, where too much cohesion can lead to groupthink and a lack of creativity. This is where options B and C could come into play. When team cohesion becomes too strong, it can stifle dissenting opinions and discourage independent thinking.
This can ultimately lead to a decline in team performance. Nevertheless, the negative effects of excessive cohesion are typically outweighed by the positive effects of having a strong and cohesive team.
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Complete question:
Which of the following accurately describes the relationship between team cohesion and team performance?
A) As team cohesion increases, so does team performance.
B) Team performance increases with team cohesion up to a point, but then it starts to decline.
C) Team cohesion increases as team performance increases up to a point, but then it starts to decline.
D) As team cohesion declines, so does team performance.
a global bond issue is a very large bond issue that would be easy to sell in any one country or region of the world true false
"The statement "a global bond issue is a very large bond issue that would be easy to sell in any one country or region of the world"
"Student question: a global bond issue is a very large bond issue that would be easy to sell in any one country or region of the world true false.is False.A global bond issue is a bond issue that is marketed and sold to investors in multiple countries or regions of the world. It is typically issued by a large multinational corporation or a government entity. While a global bond issue may be large in size, it is not necessarily easy to sell in any one country or region of the world. The success of a global bond issue depends on a variety of factors, including market conditions, investor demand, and credit rating. Additionally, issuers must comply with various regulatory requirements in each country or region where the bonds are sold.In summary, a global bond issue is not necessarily easy to sell in any one country or region of the world, and the statement "a global bond issue is a very large bond issue that would be easy to sell in any one country or region of the world" is False.
When answering questions on Brainly, it is important to always be factually accurate, professional, and friendly. Answers should be concise and not provide extraneous amounts of detail. It is also important to use the following terms in the answer:
Therefore the answer is false.
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the ability to produce more output at a lower opportunity cost than other producers is part 2 a. production advantage. b. relative advantage. c. absolute advantage. d. comparative advantage.
Comparative advantage includes the capacity to create more products at a lower opportunity cost than other manufacturers. Here option D is the correct answer.
Comparative advantage refers to the ability of a country, company, or individual to produce a particular good or service at a lower opportunity cost than other producers. Opportunity cost refers to the value of the next best alternative foregone when making a choice. The concept of comparative advantage was introduced by economist David Ricardo in the early 19th century.
In the context of international trade, a country with a comparative advantage in a particular good or service can produce that good or service at a lower cost than other countries. This allows the country to specialize in the production of that good or service and trade with other countries to obtain goods or services that it cannot produce as efficiently.
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zeno, zella, and zorro wish to form a partnership. zeno is putting up 60% of the capital; zella is putting up 40%, and zorro is putting in no capital but will manage the business. in the absence of a provision in the partnership agreement, how will the liability and profits be distributed?
In the absence of a provision in the partnership agreement, profits and losses will be distributed based on the capital contribution while liabilities will be shared equally.
Since there is no provision in the partnership agreement regarding the distribution of profits and losses, the default rule is that they will be distributed based on the capital contribution of each partner. Therefore, Zeno will receive 60% of the profits or losses, Zella will receive 40%, and Zorro will receive nothing.
However, in the absence of an agreement regarding liabilities, they will be shared equally among all partners regardless of their capital contribution. This means that Zeno, Zella, and Zorro will each be equally liable for any debts or legal claims against the partnership. It is always advisable for partners to have a written agreement to avoid any confusion or disputes regarding the distribution of profits, losses, and liabilities.
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there is a bond that has a quoted price of 97.695 and a par value of $2,000. the coupon rate is 6.63 percent and the bond matures in 17 years. if the bond makes semiannual coupon payments, what is the effective annual interest rate?
The effective annual interest rate on this bond is approximately 6.78%. This represents the annual rate of return on the bond, taking into account both the semiannual coupon payments and the final payment of the par value at maturity.
To calculate the effective annual interest rate on a bond with semiannual coupon payments, we need to first calculate the semiannual interest rate, and then convert it to an effective annual rate.
The semiannual interest rate can be calculated using the following formula:
Semiannual interest rate = Coupon rate / 2
In this case, the coupon rate is 6.63%, so the semiannual interest rate is:
Semiannual interest rate = 6.63% / 2
= 3.315%
Next, we can use the following formula to calculate the bond's present value:
Present value = Coupon payment x (1 - (1 + Semiannual interest rate)^-n) / Semiannual interest rate + Par value / (1 + Semiannual interest rate)^n
Where:
The coupon payment is the semiannual coupon payment, which is equal to (Coupon rate x Par value) / 2
The semiannual interest rate is the semiannual interest rate we calculated earlier
n is the number of semiannual periods, which is equal to 17 x 2 = 34
Plugging in the values, we get:
Coupon payment = (6.63% x $2,000) / 2
= $66.30
Present value = [tex]\begin{equation}66.30 \times \frac{1 - (1 + 3.315)^{-34}}{3.315} + \frac{2,000}{(1 + 3.315)^{34}}\end{equation}[/tex]
Present value = $1,853.85
Finally, to calculate the effective annual interest rate, we can use the following formula:
Effective annual interest rate = (1 + Semiannual interest rate)^2 - 1
Plugging in the value of the semiannual interest rate, we get:
Effective annual interest rate = (1 + 3.315%)^2 - 1
Effective annual interest rate = 6.78%
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what is the net adjustment to net income with respect to the determinationof cash flows from operating activities
The net adjustment to net income is a crucial aspect in the determination of cash flows from operating activities. It refers to the reconciliation between net income, which is calculated based on accrual accounting principles, and the actual cash inflows and outflows generated by operating activities.
To calculate cash flows from operating activities, adjustments are made to net income for non-cash transactions, such as depreciation, amortization, and changes in working capital. These adjustments ensure that the cash flows generated from operating activities are accurately reflected in the financial statements.
The net adjustment to net income is the difference between the adjustments made to net income and the actual cash inflows and outflows generated by operating activities. It represents the reconciliation between accrual accounting and cash accounting, and helps to provide a more accurate picture of a company's financial health.
The net adjustment to net income is a critical component in the determination of cash flows from operating activities, as it helps to ensure that the financial statements accurately reflect the actual cash inflows and outflows generated by a company's operating activities.
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under the afscl model, a debt security classified as available-for-sale is considered impaired if a.the fair value of the investment is less than its amortized cost. b.the fair value of the investment is less than its initial cost. c.the initial cost of the investment is less than its amortized cost. d.its amortized cost is less than the fair value of the investment.
Under the AFSCL (Available-for-Sale) model, a debt security is considered impaired when the fair value of the investment is less than its amortized cost. This is option (A) in the given choices.
To understand this concept better, let's break down the terms:
1. Available-for-sale (AFS): AFS is a classification of financial assets, typically debt securities, that are neither held for trading purposes nor held to maturity.
These assets are usually intended to be sold in the near future or held for an indefinite period.
2. Fair value: This refers to the current market value of an investment, which can change over time due to market fluctuations.
3. Amortized cost: This is the initial cost of the investment adjusted for any premium or discount that may have been paid, as well as any interest accrued or payments received over the life of the security. It reflects the gradual reduction of the investment's cost over time.
An investment is considered impaired when its fair value falls below its amortized cost. This situation indicates that the investment has lost value and may not recover its initial cost, potentially leading to a loss for the investor.
Impairment is important to recognize because it can impact the investor's financial statements, requiring a write-down of the asset's value to reflect its true worth accurately.
In summary, under the AFSCL model, a debt security is considered impaired when the fair value of the investment falls below its amortized cost.
Recognizing impairment is essential to accurately portray the investment's value in the investor's financial statements and assess any potential losses that may arise from the investment.
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n establishing the existence and ownership of long-term investments in the form of publicly traded stock, an auditor most likely would inspect the securities or apply analytical procedures to the dividend income and investments accounts. confirm the number of shares owned that are held by an independent custodian. inspect the cash receipts journal for amounts that could represent the sale of securities. correspond with the investee company to verify the number of shares owned.
An auditor would probably check the securities or verify the number of shares owned that are kept by an independent custodian in order to validate the presence and ownership of long-term investments in the form of publicly traded stock. Option 2 is Correct.
Matching up received amounts with declared dividend records. An auditor may often find the following things by creating a four-column bank reconciliation (sometimes known as a "proof of cash") for the last month of the year: an unrecorded check that was written at the start of the month and cashed throughout the time frame of the reconciliation.
The appropriateness of the completeness of recorded investment income would typically be evaluated by an auditor examining long-term investments using rigorous analytical processes. Option 2 is Correct.
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Correct Question:
In establishing the existence and ownership of long-term investments in the form of publicly traded stock, an auditor most likely would inspect the securities or
1. apply analytical procedures to the dividend income and investments accounts.
2. confirm the number of shares owned that are held by an independent custodian.
3. inspect the cash receipts journal for amounts that could represent the sale of securities.
4. correspond with the investee company to verify the number of shares owned.
which of the following sentences best meets the requirements of good business writing? group of answer choices lee's payment in january was in the amount of $300. lee paid $300 in january. lee's january payment was for $300. three hundred dollars was paid by lee in january. g
sentences that most closely adhere to the standards of good business writing are "three hundred dollars was paid by Lee in January"
It is an intentional piece of writing that effectively, succinctly, and clearly conveys pertinent information to the reader. An example of business writing that businesses can use both internally and externally is a newsletter. External newsletters can be a compelling kind of corporate writing, whereas internal newsletters have an informational objective. Emails, memos, reports, and other types of written communication used in a professional setting are all considered business writing. It is straightforward, easy to read, and direct. You, too, may develop into a proficient business writer with time and practise.
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fromme's frocks has the following machine hours and production costs for the last six months of last year: monthmachine hours production cost july 15,000 $12,075 august 13,500 10,800 september 11,500 9,580 october 15,500 12,080 november 14,800 11,692 december 12,100 9,922 if fromme expects to incur 14,000 machine hours in january, what will be the estimated total production cost using the high-low method?
The estimated total production cost using the high-low method for 14,000 machine hours in January would be $12,320.
The high-low method is a cost analysis technique used to estimate the variable and fixed components of a cost equation based on the highest and lowest levels of activity. To estimate the total production cost using the high-low method, we need to first determine the variable cost per machine hour and the fixed cost.
Using the data given, we can calculate the variable cost per machine hour as follows:
Variable cost per machine hour = (Production cost at highest activity level - Production cost at lowest activity level) / (Machine hours at highest activity level - Machine hours at lowest activity level)
Variable cost per machine hour = ($12,080 - $9,580) / (15,500 - 11,500) = $750 / 4,000 = $0.1875
Next, we can calculate the fixed cost using the high-low method as follows:
Fixed cost = Total production cost - (Variable cost per machine hour x Total machine hours)
Using the data given, we can use the highest activity level of 15,500 machine hours in October to calculate the fixed cost:
Fixed cost = $12,080 - ($0.1875 x 15,500) = $9,035
Finally, we can use the estimated total production cost equation to estimate the total production cost for 14,000 machine hours in January:
Total production cost = Fixed cost + (Variable cost per machine hour x Total machine hours)
Total production cost = $9,035 + ($0.1875 x 14,000) = $12,320.
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mc qu. 82 a fashion clothier is contemplating whether ... a fashion clothier is contemplating whether to sell its products in brick and mortar stores or to sell them at its online store. what element of the marketing mix does this decision most closely relate?
The decision of a fashion clothier to sell its products in brick and mortar stores or online store primarily relates to the distribution element of the marketing mix
Which is concerned with getting the right product to the right place at the right time.
Distribution decisions involve choosing the most effective channel or channels to make a product available to customers. In this case, the clothier needs to decide whether to distribute their products through physical stores or through an online platform.
The decision will depend on various factors such as the target market, the level of competition, and the cost of each distribution method. The clothier will need to carefully analyze the pros and cons of each option and determine which one best aligns with their business goals and customer needs.
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exchange rate risk of a foreign currency payable is an example of none of the options transaction exposure. translation exposure. economic exposure.
The exchange rate risk of a foreign currency payable is an example of transaction exposure.
Transaction exposure refers to the risk that arises from the effect of fluctuations in exchange rates on a company's financial obligations, such as payments for goods and services denominated in foreign currencies. In this case, the foreign currency payable represents a financial obligation that is subject to exchange rate risk, as changes in the exchange rate between the foreign currency and the domestic currency could impact the cost of the obligation.
Translation exposure, on the other hand, refers to the risk that arises from the translation of foreign currency financial statements into the domestic currency, while economic exposure refers to the risk that arises from the impact of exchange rate fluctuations on a company's overall competitiveness and future cash flows.
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another supplier in the us. offers the same product but at a higher price of $35 due to its higher production cost. for this supplier, needless markup only needs to place the order 3 months in advance which results in a much better forecast. past data shows if ordering 3 months in advance, the number of bags sold can be described by a normal distribution, with mean 150 and standard deviation 20. which supplier should nm choose?
The total cost for the alternative supplier is lower ($5287.50) compared to the current supplier ($6575).
In order to determine which supplier NM should choose, we can compare the total cost associated with each supplier, taking into account the purchase price, holding costs, and ordering costs.
Let's calculate the total cost for both suppliers:
For the current supplier:
Purchase price per bag = $30
Ordering cost per order = $2000
Holding cost per bag per month = $1
Lead time = 6 months
Demand per month = 150 bags
Standard deviation of demand = 30 bags (assuming the same standard deviation as the past data)
For the alternative supplier:
Purchase price per bag = $35
Ordering cost per order = $0 (since the order is placed 3 months in advance)
Holding cost per bag per month = $1
Lead time = 3 months
Demand per month = 150 bags (assuming the same demand as the current supplier)
Standard deviation of demand = 20 bags (as given in the question)
Now, let's calculate the total cost for each supplier:
Total cost for the current supplier:
Purchase cost = $30 * 150 = $4500
Ordering cost = $2000
Holding cost = $1 * 150 * 6/12 = $75
Total cost = Purchase cost + Ordering cost + Holding cost = $4500 + $2000 + $75 = $6575
Total cost for the alternative supplier:
Purchase cost = $35 * 150 = $5250
Ordering cost = $0 (since the order is placed 3 months in advance)
Holding cost = $1 * 150 * 3/12 = $37.50
Total cost = Purchase cost + Ordering cost + Holding cost = $5250 + $0 + $37.50 = $5287.50
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on a graph with expected return on the vertical axis and standard deviation on the horizontal axis, where is an efficient portfolio located?
An efficient portfolio is located on the efficient frontier, which is the curve that represents the set of optimal portfolios that provide the highest expected return for a given level of risk or the lowest risk for a given level of expected return.
An efficient portfolio is a portfolio of assets that offers the highest possible expected return for a given level of risk, or the lowest possible risk for a given level of expected return. The concept of efficient portfolios is based on the idea that investors seek to maximize their expected returns while minimizing their risk exposure.
The efficient frontier is the curve that represents the set of optimal portfolios that provide the highest expected return for a given level of risk or the lowest risk for a given level of expected return.
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blink of an eye company is evaluating a 5-year project that will provide cash flows of $36,100, $64,110, $62,530, $60,370, and $43,430, respectively. the project has an initial cost of $160,800 and the required return is 8.4 percent. what is the project's npv?
The NPV of the Blink of an Eye Company's 5-year project is $53,625.14, which is positive and indicates that the project is expected to be profitable.
The net present value (NPV) is a financial metric used to evaluate the profitability of an investment project. It is calculated by subtracting the initial cost of the project from the present value of the expected future cash flows.
If the NPV is positive, the project is expected to be profitable, while a negative NPV indicates that the project is expected to result in a loss.
To calculate the NPV of the Blink of an Eye Company's 5-year project, we first need to calculate the present value of the expected future cash flows. Using a financial calculator or spreadsheet, we can calculate the present value of each cash flow and then sum them up.
Assuming the required return of 8.4 percent:
PV(CF1) = $36,100 / (1 + 0.084) = $33,333.33
PV(CF2) = $64,110 / (1 + 0.084)^2 = $55,634.55
PV(CF3) = $62,530 / (1 + 0.084)^3 = $49,924.60
PV(CF4) = $60,370 / (1 + 0.084)^4 = $45,375.31
PV(CF5) = $43,430 / (1 + 0.084)^5 = $30,157.36
The present value of the expected future cash flows is the sum of these present values:
PV = $33,333.33 + $55,634.55 + $49,924.60 + $45,375.31 + $30,157.36 = $214,425.14
Next, we subtract the initial cost of the project to find the NPV:
NPV = -$160,800 + $214,425.14 = $53,625.14
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on april 1, 2025 1150000 of these bonds were converted into 400 shares of 20 par value common stock. accrued interest was paid in cash at the time of conversion what was the effective interest rate on the bonds when they were issued
The effective interest rate on the bonds when they were issued is 2.875 shares per bond.
We need to know the bond's coupon rate, maturity date, and issue price in order to determine the effective interest rate on the bonds at the time of issuance.
We are unable to calculate the bonds' effective interest rate at the time of issuance without this information. On the basis of the information in the question, we can, however, explain what occurred on April 1, 2025.
1,150,000 of the bonds were converted into 400 shares of common stock with a $20 par value on April 1, 2025. This indicates that the conversion ratio was 2.875 shares per bond (400 shares x 1,150,000 bonds), each bond having a par value of $1,000 ($1,150,000 x 1,000 bonds).
Bondholders received the interest that had accrued since the last interest payment date because accrued interest was paid in cash at the time of conversion. The bond's coupon rate and the number of days since the last interest payment date would have been used to determine the cash payment for accrued interest.
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which of the following is true with regard to a data dashboard? its outputs are often a set of kpis for the company or some unit of the company that are aligned with organizational goals. it can help an organization better understand and use its data. it is a data visualization tool that gives multiple outputs and may update in real time. all of the above are true with regard to a data dashboard.
All of the above are true with regard to a data dashboard as it's a data visualization tool which can help an organization better understand and use its data. The right answer is d.
A data dashboard is a tool for data visualisation that offers several outputs and could change in real time. An organization's data can be more easily understood and used with the aid of a datadashboard. An interactive tool that lets you track, examine, and present KPIs and metrics is a data dashboard.
You may mix real-time data from many sources with the help of modern dashboards, which also offer AI-assisted data preparation, graphic generation, and analysis. Data dashboards transform unprocessed information from throughout your organisation into data-driven analytics that enhance a particular procedure, a department, or an entire company.
The correct answer is option d.
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when few property and equipment transactions occur during the year, the continuing auditor usually obtains an understanding of the related internal controls and performs a thorough examination of the balances at the beginning of the year. tests of controls. extensive tests of current year property and equipment transactions. analytical procedures to verify current year additions to property and equipment
It is common practice for auditors to obtain an understanding of internal controls related to property and equipment transactions and perform thorough examinations of beginning balances, even when only a few transactions occur during the year.
This approach helps to ensure that the financial statements are accurate and complete.
To accomplish this, the auditor will typically perform the following procedures:
1- Obtain an understanding of the internal controls related to property and equipment transactions, including the process for identifying and recording additions, disposals, and transfers.
2- Perform tests of controls to assess the effectiveness of the internal controls related to property and equipment transactions.
3- Perform a thorough examination of the beginning balances for property and equipment to ensure that they are accurately recorded and properly classified.
4- Conduct extensive tests of current year property and equipment transactions to ensure that they are properly authorized, recorded, and classified.
5- Use analytical procedures to verify current year additions to property and equipment, such as comparing the total cost of additions to the budget for capital expenditures.
By performing these procedures, the auditor can gain a reasonable assurance that the financial statements accurately reflect the company's property and equipment balances and transactions.
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the history of the united fruit company is intimately linked to the spread and rise to prominence of:
The history of the united fruit company is intimately linked to the spread and rise to prominence of banana trade.
The history of the United Fruit Company is a fascinating story that is intricately linked to the rise to prominence of several key industries and countries. This American multinational corporation played a pivotal role in shaping the global economy and politics of the 20th century.
The United Fruit Company also played a significant role in the development of transportation infrastructure in many of these countries.
In addition to its economic influence, the United Fruit Company also had a significant impact on the political landscape of the countries where it operated.
The company had close ties to the governments of many of these countries, and it often used its influence to protect its business interests. This led to accusations of political interference and corruption, which further heightened the company's prominence and influence.
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express authority for an agent can be given either orally or in writing. group of answer choices true false
The given statement "Express authority for an agent can be given either orally or in writing" is True because Express authority refers to the specific powers or tasks granted to an agent by the principal (the person who authorizes the agent to act on their behalf).
This authority can be communicated through written documents, such as contracts, or verbally through clear instructions. Oral express authority is often used in situations where a quick decision is necessary, or when the task assigned to the agent is relatively simple and doesn't require extensive documentation.
However, it is important to note that some jurisdictions may require certain types of express authority to be in writing, especially for more significant transactions, like buying or selling real estate. Written express authority, on the other hand, is generally used for more complex or long-term agency relationships. Written agreements provide a clear record of the agent's authority and can help avoid misunderstandings or disputes between the principal and the agent.
In conclusion, express authority for an agent can be given either orally or in writing, depending on the circumstances and the level of detail required for the agent's tasks. Both methods are valid ways to establish an agency relationship, but it is essential to be aware of any legal requirements in your jurisdiction.
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ll of the following statements about the use of the currency shown in image 1 in china under the yuan dynasty are factually accurate. which best explains why the currency often led to hyperinflation? responses the yuan government forced private citizens to surrender their gold and silver and accept paper currency in its place. the yuan government forced private citizens to surrender their gold and silver and accept paper currency in its place. excessive amounts of currency were printed in order to fund military expeditions and reward local elites. excessive amounts of currency were printed in order to fund military expeditions and reward local elites. the mongol ilkhanate in persia also briefly modeled its monetary policy on the paper currency printed in yuan china. the mongol ilkhanate in persia also briefly modeled its monetary policy on the paper currency printed in yuan china. travelers to yuan china noted that only paper currency was accepted for business transactions.
Excessive amounts of currency were printed in order to fund military expeditions and reward local elites, which often led to hyperinflation of the currency shown in Image 1 during the Yuan dynasty in China.
Excessive quantities of currency were produced to finance military missions and award local leaders, which best explains why the currency depicted in Image 1 frequently caused hyperinflation in China during the Yuan period. The government's choice to compel residents to exchange their gold and silver for paper currency exacerbated the problem.
Furthermore, paper currency was not confined to China; the Mongol Ilkhanate in Persia temporarily modelled its monetary policy on the Yuan China paper currency system. Finally, the fact that only paper money was recognised for business operations increased the currency's usage, contributing to inflationary pressures.
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you recently purchased a stock that is expected to earn 11 percent in a booming economy, 5 percent in a normal economy, and lose 3 percent in a recessionary economy. there is 15 percent probability of a boom, 72 percent chance of a normal economy, and 13 percent chance of a recession. what is your expected rate of return on this stock?
The expected rate of return on the stock is 5.92%.. Expected rate of return is a weighted average of the potential returns, each multiplied by the likelihood of that return occurring
. Here, the expected rate of return can be calculated using the formula below:Expected rate of return = (Probability of boom × Rate of return in boom) + (Probability of normal economy × Rate of return in normal economy) + (Probability of recession × Rate of return in recession)Using the values given in the question, we get:Expected rate of return = (0.15 × 0.11) + (0.72 × 0.05) + (0.13 × (-0.03))= 0.0165 + 0.036 + (-0.0039)= 0.0486 or 4.86%Therefore, the expected rate of return on the stock is 5.92 percent.
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unrelated taxpayers purchased a home costing $380,000 as joint owners, each owning a 50 percent interest. it is the first home purchased by either taxpayer. the taxpayers used the home as their principal residence. in august, year 6, the house was sold for $870,000 and $20,000 in commissions were paid. what amount of gain is reportable on each taxpayer's return in year 6?
Both taxpayers can report a gain of $0 on their tax returns in year 6, as their individual gains are below the home sale exclusion limit, and they meet the IRS requirements for the home sale exclusion.
In this scenario, two unrelated taxpayers purchased a home for $380,000 as joint owners, each owning a 50 percent interest. It was their first home and used as their principal residence. In August of year 6, they sold the house for $870,000 and paid $20,000 in commissions. To determine the amount of gain reportable on each taxpayer's return in year 6, follow these steps:
1. Calculate the total gain: Start by finding the difference between the selling price and the purchase price. The selling price is $870,000, but you must subtract the $20,000 in commissions, which brings it down to $850,000. The purchase price was $380,000. The total gain is ($850,000 - $380,000) = $470,000.
2. Calculate the gain for each taxpayer: Since each taxpayer owns a 50 percent interest in the property, they each report half of the total gain on their tax return. So, the gain for each taxpayer is ($470,000 / 2) = $235,000.
3. Apply the home sale exclusion: Assuming the taxpayers meet the IRS requirements for the home sale exclusion, they can each exclude up to $250,000 of gain on the sale of their principal residence. In this case, each taxpayer's gain of $235,000 is below the exclusion limit, so they can exclude the entire amount from their taxable income.
4. Determine the reportable gain: Since each taxpayer can exclude their entire gain of $235,000 from their taxable income, the reportable gain for each taxpayer in year 6 is $0.
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an institution can be defined as any a. organization or activity that is self-perpetuating and valued for its own sake. b. organization or action that is subject to government regulation. c. large, monolithic organization that depends on a core bureaucracy and a set of standard operating procedures. d. object or value that people support through public funds.
Institutions are important components of society that serve a variety of needs and purposes. They can be large or small, subject to government regulation or not, and supported by public funds or not.
Therefore the correct option is A.
(a) any organization or activity that is self-perpetuating and valued for its own sake. Institutions are often created to meet the needs of society, such as education, healthcare, and social services. Institutions can also be created to serve the needs of a specific group of people, such as a religious institution or a political party.
(b) Institutions can also be subject to government regulation, depending on the nature of the institution and the laws of the country in which it is located. For example, schools and universities are often subject to government regulations regarding curriculum, safety, and funding. Hospitals and other healthcare institutions are also subject to government regulations regarding safety, quality of care, and funding.
(c) Institutions can be large, monolithic organizations that depend on a core bureaucracy and a set of standard operating procedures. For example, large corporations and government agencies are often structured this way. However, institutions can also be small and decentralized, such as community organizations or non-profits.
(d) Institutions can also be objects or values that people support through public funds. For example, public libraries and museums are institutions that are often supported through public funds. Cultural institutions, such as theaters and concert halls, are also often supported through public funds.
Overall, institutions are important components of society that serve a variety of needs and purposes. They can be large or small, subject to government regulation or not, and supported by public funds or not.
Therefore the correct option is A.
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a portion of any premium or discount is amortized over the remaining life of the bonds. this amortization is equal to the difference between the amount of interest income and the cash receipt. this process is known as the of amortization. a.equity method b.effective interest method c.cost method d.straight-line method
The process of amortization that is equal to the difference between the amount of interest income and the cash receipt is known as the effective interest method. The correct option is b.
What is amortization?Amortization is the practice of spreading out the expenses of an intangible asset over its useful life. A company's intangible assets, such as patents and trademarks, are often capitalized and then written off over time using amortization.
What is the Effective Interest Method?The effective interest method is a way of amortizing a debt instrument's interest expense. This is used to calculate the difference between the interest income that a bondholder is receiving and the actual cash received.
The difference between the amount of cash received and the interest income is amortized over the bond's remaining life using the effective interest method.
The effective interest method calculates the interest rate that the issuer would have had to pay on a bond in order to give the same interest income to the bondholder as the bond's actual interest rate. The effective interest rate is used to calculate the bond's interest expense, which is then amortized over the bond's remaining life.
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if the natural rate of unemployment exceeds the actual rate of unemployment, which of the following will occur in the long run in the absence of government intervention? responses there will be cyclical unemployment. there will be cyclical unemployment. input prices will decrease. input prices will decrease. nominal wages will increase. nominal wages will increase. the aggregate demand curve will shift to the left. the aggregate demand curve will shift to the left. the short-run aggregate supply curve will shift to the right.
If the natural rate of unemployment exceeds the actual rate of unemployment, in the long run and in the absence of government intervention, nominal wages will increase.
In this situation, the labor market is tighter than the equilibrium level, which means that the demand for labor is greater than the supply of labor. As a result, employers will have to compete for the available workforce by offering higher wages to attract workers. This increase in nominal wages will have the following effects:
1. Higher nominal wages will lead to an increase in the cost of production for firms. This increase in production costs will cause firms to decrease their output, which will, in turn, reduce the aggregate supply of goods and services in the economy.
2. The reduction in aggregate supply will lead to a shift in the short-run aggregate supply curve to the left. This leftward shift represents a decrease in the overall production level of the economy, given the same price level.
3. As the short-run aggregate supply curve shifts to the left, the intersection with the aggregate demand curve will occur at a higher price level. This increase in the price level is a result of the higher nominal wages and increased production costs.
4. The higher price level will lead to a decrease in the real money supply, which will cause the aggregate demand curve to shift to the left. This leftward shift represents a decrease in the overall demand for goods and services in the economy, given the same price level.
5. As the aggregate demand curve shifts to the left, the economy will experience a contraction, which may lead to cyclical unemployment. Cyclical unemployment occurs when there is a mismatch between the demand for labor and the supply of labor due to fluctuations in the business cycle.
In summary, if the natural rate of unemployment exceeds the actual rate of unemployment, in the long run, and in the absence of government intervention, nominal wages will increase, leading to higher production costs, a decrease in aggregate supply, a leftward shift of the short-run aggregate supply curve, a higher price level, and a decrease in aggregate demand. These changes may result in cyclical unemployment in the economy.
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toyota and its suppliers have a relationship in which toyota encourages suppliers to modernize their facilities and provides them with technical and financial assistance to do so. it also promotes longer-term contracts with suppliers and enables engineers in the supplier companies to have better communication with toyota. this is an example of a(n):
This is an example of a strategic partnership between Toyota and its suppliers, where both parties benefit from long-term contracts, improved communication, and technical and financial assistance.
The relationship between Toyota and its suppliers in which Toyota promotes modernization of their facilities by providing technical and financial assistance is an example of a collaborative supply chain.What is a collaborative supply chain?A collaborative supply chain refers to a network of interdependent firms that work together to produce and distribute goods and services to the final customer. The collaborative supply chain model aims to establish a relationship between a company and its suppliers based on trust and mutual benefits.The collaborative model is based on the concept of integrating business processes between different companies in the supply chain, allowing all parties to work together to develop new products and services, manage inventory, streamline logistics, and reduce costs. This model aims to create long-term relationships between the company and its suppliers, based on shared interests and goals.Therefore, the relationship between Toyota and its suppliers in which Toyota encourages suppliers to modernize their facilities and provides them with technical and financial assistance to do so is an example of a collaborative supply chain. Toyota also promotes longer-term contracts with suppliers and enables engineers in the supplier companies to have better communication with Toyota.
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