The correct answer to this open question is the following.
Give examples of operational conflicts that could occur in a cross-cultural context because of different attitudes towards:1) time, 2) individualism.
Well, let's start with time. In the United States, time is of the utmost importance. There we have the old saying: "Time is money."
In the workplace, everything is based on the smart and efficient use of time. No time must be wasted in the workplace.
Individual effort is important in the American culture, but the team effort, the concept of being a good team player is very important under the following premise: teams can accomplish more than individuals.
What most Americans desire is individual recognition through team effort.
That is why team sports are so good in the United States because they exemplify the way teams function and what they can accomplish. For instance, college and pro football, basketball, and baseball.
The region that has a different approach, is Latin America. This does not mean that is better than the other, just that there are major differences between the two.
The management of time is very different in Latin American countries. It is not as important as the US. People in Latin America approach the concept of time in a more relaxed way. In Latin America, there is a more relaxed approach to time. Nothing is urgent, Things take time. Things are made at a different pace compared to the US.
And regarding individualism, Latin American people tend to prefer to be more individualistic to do things trying to get some recognition, The team concept is not as developed as in the US.
explain Distribution and also explain the channel of Distribution
Answer:
A distribution channel is a chain of businesses or intermediaries through which a good or service passes until it reaches the final buyer or the end consumer. Distribution channels can include wholesalers, retailers, distributors, and even the Internet.
A quantity of inventory that provides protection against lost sales caused by unfulfilled demands from customers is called Multiple choice question. production stock safety units safety stock budgeted stock
Answer: safety stock
Explanation:
A quantity of inventory that helps in the provision of protection against lost sales that is caused by unfulfilled demands from the customers is referred to as the safety stock.
Safety stock is the additional quantity of an item that is held in the inventory in order to minimize the risk that the good will be out of stock. It should be noted that safety stocks act as a buffer stock in a situation whereby the sales are more than what's planned or maybe the supplier doesn't deliver the goods at the expected time.
Acoma Co. has identified one of its cost pools to be quality control and has assigned $140,400 to that pool. Number of inspections has been chosen as the cost driver for this pool; Acoma performs 30,000 inspections annually. Suppose Acoma manufactures two products that consume 12,600 (Product 1) and 17,400 (Product 2) inspections each.
Assume that Acoma manufacturers only the two products mentioned and they consume 100 percent of the company’s quality inspections. Using activity proportions, determine how much quality control cost will be assigned to each of Acoma’s product lines.
Answer:
Acoma Co.
Product 1 Product 2
Quality control cost assigned $58,968 $81,432
Explanation:
a) Data and Calculations:
Cost of quality control = $140,400
Number of annual inspections = 30,000
Cost per inspection = $4.68 ($140,400/30,000)
Product 1 Product 2 Total
Number of inspections 12,600 17,400 30,000
Proportion of inspections 42% 58% 100%
Quality control cost assigned $58,968 $81,432 $140,400
($4.68 * 12,600) ($4.68 * 17,400)
(42% * $140,400) (52% * $140,400)
You have been asked by the president of your company to evaluate the proposed acquisition of a new special-purpose truck for $250,000. The truck falls into the MACRS three-year class, and it will be sold after three years for $50,000. Use of the truck will require an increase in NWC (spare parts inventory) of $5,000. The truck will have no effect on revenues, but it is expected to save the firm $80,000 per year in before-tax operating costs, mainly labor. The firm's marginal tax rate is 21 percent. What will the operating cash flow for this project be during year 3
Answer:
Please find the complete solution in the attachment file.
Explanation:
Please find the attachment table for the 3 years of cash flow:
Hello I need help please
Answer:
A
Explanation:
saying they don't know is a clear sign of being uninformed
Answer:
I want to say the correct answer is d.
Explanation:
I want to say that is the correct answer but I am not sure.
A ________ is a repository of customer information that records all of the contacts a customer has with a firm, and generates a customer profile that is available to appropriate individuals in the firm.
Answer:
CRM system
Explanation:
In addition to the grievance process, can you think of anything else that Carter Cleaning Company might do to make sure that grievances and gripes like this one get expressed and also get heard by top management? The grievance procedure is critical. It is important to understand the distributive and procedural justices. The fairness and justice of the decision’s result (for instance, did I get an equitable pay raise? Is distributive justice. Procedural justice is the fairness of the process (for instance, is the process my company uses to allocate merit raises fair? ).
Procedures for acknowledging grievances are crucial. A further explanation is provided below.
When it comes to grievances, Jennifer as well as her father must make sure that indeed themselves follow the instructions and therefore that grievances have been handled correctly and equitably everything and every occasion individuals file.Throughout distributive justice, the consequence of such judgment is fair and instead just. Essentially, distributive fairness refers to whether or not an action is fair.
When something concerns how you approach individuals, most workers probably can't as well as won't decipher what is professional, or right. Grievances about the field of study and unemployment are two main causes.
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AMD has bonds outstanding with a face value of $1,000, 13 years to maturity, and a coupon rate of 6.5 percent, paid annually. What is the company's pretax cost of debt if the bonds currently sell for $1,056
Answer: 5.90%
Explanation:
The pre-tax cost of debt refers to the yield on the bonds.
The Yield is calculated by the formula:
= (Annual coupon + (Face value - Present value) / Periods till maturity) ÷ ((Face value + Present value)/2)
Annual coupon = 6.5% * 1,000 = $65
Yield is:
= (65 + (1,000 - 1,056) / 13) ÷ ((1,000 + 1,056) / 2)
= 5.90%
You have just made your first $5,837 contribution to your retirement account. Assume you earn a return of 9.8 percent per year and make no additional contributions. What will your account be worth when you retire in 45 years
Your firm has $45.0 million invested in accounts receivable, which is 90 days of net revenues. If this value could be reduced to 50 days, what annual increase in income would your firm realize if the increase in cash could be invested at 7.5 percent
Solution :
Number of days = 90 days
Amount invested = $45 million
So the current earnings is [tex]$\$45 \text{ million } \times 1.075 \text{ in}\ \ 90 \text{ days}$[/tex]
The number of days is reduced to 50 days. So we can now make the same amount in just 50 days.
So the net increase is what we will make in the remaining [tex]40[/tex] days.
If in 50 days, we earn 0.075 return, then we can consider 50 days as [tex]t=1.[/tex]
Then the [tex]50[/tex] days = [tex]45 \times 0.075^1[/tex] return, and
[tex]40[/tex] days = [tex]45 \times (0.075)^{40/50}[/tex]
[tex]=45 \times (0.075)^{4/5}[/tex]
= [tex]\$ 5.66580371[/tex] million increase
= $ 5.7 million
In this type of budget, the master budget is based on a single prediction for sales volume, and the budgeted amount for each cost essentially assumes that a specific amount of sales will occur. Group of answer choices Flexible budget. Variable budget. Standard budget. Fixed budget.
Answer:
Fixed budget.
Explanation:
A fixed budget can be regarded as financial plan which is not been modified for any variations that could come up in actual activity. In most times some companies may have experience of substantial variations as regards their expected activity levels within the encompassed period of budget as well as the amounts in that budget. The budget cost allowances in a fixed budget for each cost item cannot be changed as regards the variable items. It should be noted that in Fixed budget the master budget is based on a single prediction for sales volume, and the budgeted amount for each cost essentially assumes that a specific amount of sales will occur.
Exercise 6-1B Calculate cost of goods sold (LO6-2) A company begins the year with inventory of $53,000 and ends the year with inventory of $43,000. During the year, the company has four purchases for the following amounts. Purchase on February 17 $ 208,000 Purchase on May 6 128,000 Purchase on September 8 158,000 Purchase on December 4 408,000 Required: Calculate cost of goods sold for the year.
Answer: $912,000
Explanation:
The cost of goods sold for the year will be:
Beginning inventory = $53,000
Add: Purchases = ($208,000 + $128,000 + $158,000 + $408,000) = $902,000
Cost of goods available for sale = $955,000
Less: Ending inventory = ($43,000)
Cost of goods sold = $912,000
Russell Inc. had sales of $2,210,000for the first quarter of 2017. In making the sales, the company incurred the following costs and expenses.
Variable Fixed
Cost of goods sold $921,000 $441,000
Selling expenses 71,000 46,000
Administrative expenses 87,000 99,000
Prepare a CVP income statement for the quarter ended March 31, 2017.
Answer:
A Cost-Volume-Profit statement is used to show just how the different costs incurred contribute to the expenses. It divides the costs into variable and fixed costs for better analysis.
Sales $2,210,000
Variable Costs:
Cost of Goods sold $921,000
Selling expenses $ 71,000
Admin expenses $87,000
Total variable costs ($1,079,000)
Contribution margin $1,131,000
Fixed costs:
Cost of goods $441,000
Selling expenses $ 46,000
Admin expenses $ 99,000
Total fixed costs ($586,000)
Net operating income $545,000
If a $500 billion increase in investment spending increases income by $500 billion in the first round of the multiplier process and by $450 in the second round, income will eventually increase by:_________
A. $2,500 billion
B. $3000 billion
C. $4,000 billion
D. $5,000 billion
Answer:
D. $5,000 billion
Explanation:
quizlet
In Investment Multiplier concept If a $500 billion increase in investment spending increases income by $500 billion in the first round of the multiplier process and by $450 in the second round, income will eventually increase by $5,000 billion. Option D is Correct.
What is Investment Multiplier?The idea that every increase in public or private investment spending has a greater than proportionately favorable influence on aggregate income and the overall economy is known as the "investment multiplier." It is based on John Maynard Keynes' economic theories.
The investment multiplier is the ratio of change in Y to changes in I where Y = investment and I = investment. It can be derived from the equilibrium equation (Y = C + I + G) and the consumption equation (C = a + bY).
Thus with rise in multiplier by $450 and then income will elevated to $5000 Billion.
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What is the IRR for the following project if its initial after-tax cost is $5,000,000 and it is expected to provide an after-tax operating cash outflow of $(1,300,000) in year 1, followed by inflows of $2,900,000 in year 2, $2,700,000 in year 3, and $2,300,000 in year 4?
a) 15.57%.
b) 17.55%.
c) 13.57%.
d) 15.75%.
e) none of the above.
Answer:
e) none of the above.
Explanation:
The internal rate of return is the rate of return that equates the present value of cash outflows to the present value of inflows, in essence, a rate of return that gives a zero net present value.
The IRR can be determined using the excel IRR function as shown below:
=IRR(values)
the values are the cash flows arranged from the earliest in year 0 to the latest in year 4 as shown in the attached file.
Banks are financial intermediaries because they Group of answer choices print money as needed for borrowers whether business, individual, or government entities. hold all the money in the economic system in currency form. link savers who deposit money and borrowers who seek loans.
Answer: link savers who deposit money and borrowers who seek loans.
Explanation:
Loans are simply savings that someone else put into a bank. Without the bank however, it would be hard to connect the people who did the saving with the people who wanted to borrow.
The bank therefore acts as an intermediary for these people. Those who want to save, put money in a bank and those who want to get money, will then be loaned it by the bank. Because the banks has developed expertise in borrowing, it also protects the savings of the savers by not loaning out money to those that might not pay back. This is just one advantage of having the bank as an intermediary.
1. Adding supervision at the entrance so that employees comply with the rules during shift changes.
2. Generating reports on employees not complying with the rules and asking these employees to take corrective measures.
3. Implementing a new procedure that is easier for the employees to follow and conducting training so that each employee knows the policy and the procedure before it is enacted.
Which approach to bureaucratic control is described in option 1?
a. feedback
b. feedforward.
c. concurrent.
d. market.
e. clan.
Explanation:
A ball is thrown straight up from a rooftop 320 feet high. The formula below describes the ball's height above the ground, h, in feet, t seconds after it was thrown. The ball misses the rooftop on its way down and eventually strikes the ground. How long will it take for the ball to hit the ground? Use this information to provide tick marks with appropriate numbers along the horizontal axis in the figure shown.
h=-16t^2+16t+320
Find the amount of each payment to be made into a sinking fund so that enough will be present to accumulate the following amount. Payments are made at the end of each period. The interest rate given is per period.
$77,000; money earns 4.5% compounded monthly for 1-2/3 years
Select one:
a. $719.42
b. $3714.64
c. $758.89
d. $1374.87
b. If you deposit $2000 into a fund paying 4% interest compounded monthly, how much can you withdraw at the end of each month for one year?
a. $177.48
b. $153.36
c. $189.12
d. $170.30
e. none of these
Answer:
Results are below.
Explanation:
a.
Future Value= $77,000
Number of periods= 1*12 + (2/3)*12= 20 months
Interest rate (i)= 0.045/12= 0.00375
To calculate the monthly deposit required, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (77,000*0.00375) / [(1.00375^20) - 1]
Monthly deposit= $3,714.64
b.
Monthly deposit= $2,000
Interest rate= 0.04/12= 0.0033
Number of periods= 12 months
To calculate the monthly withdrawal, we need to use the following formula:
Monthly withdraw= (PV*i) / [1 - (1+i)^(-n)]
Monthly withdraw= (2,000*0.0033) / [1 - (1.0033^-12)]
Monthly withdraw= $170.26
Darius Miller is seeking to accumulate $50,000 in six years to invest in a real estate venture. He can earn 6.35 percent annual interest with monthly compounding in private investment. How much will he have to invest today to reach his goal? (Round to the nearest dollar.)
Answer:
$34193
Explanation:
Given :
Final amount, A = $50000
Interest, rate, r = 6.35% compounded monthly
Period, t = 6 years
n = number of compounding times per period, monthly = 12 times per period
Amount to be invested, P = principal
Using the relation :
A = P(1 + r/n)^n*t
50,000 = P(1 + 0.0635/12)^(12*6)
50000 = P(1 + 0.0052916)^72
50000 = P(1.0052916)^72
50000 = 1.4622779P
P = 50000 / 1.4622779
P = $34193.226
Amount to be invested today in other to have compounded $50000 in 6 years is $34193.226
To the nearest $ = $34193
Labor productivity is?
Answer:
Workforce productivity is the amount of goods and services that a group of workers produce in a given amount of time. It is one of several types of productivity that economists measure.
1-What will be the effect of the following on the accounting equation: a-Amer started business with cash 1,80,000$ b-Purchased goods for cash 50,000$ and on credit 20,000$ c-Sold goods for cash 40,000$ costing 24,000$ d-Rent paid 10,000$, rent outstanding 2000$The answer will be : a-Assets 2,06,000 , liabilities 22,000 , capital 184,000 b-assets 204,000 , Liabilities 20,000 , capital 184,000 c-assets 186,000 , Liabilities 22,000 , capital 164,000
Answer:
Purchased goods for cash, 20,000. 4. Purchased goods on credit, 36,000. 5. Paid for rent, 700. 6. Goods costing ₹ 40,000 sold at a profit of 20% for cash ...
San Antonio Chair Inc. has direct labor cost standard of $14 per direct labor hour and an efficiency standard of 6 hours per chair. The actual results for the period when 30 chairs were built were 130 direct labor hours at an actual cost of $1,560. What is the direct labor cost variance
Answer:
Total direct labor variance= $960 favorable
Explanation:
Giving the following information:
We will separate the direct labor cost variance in rate and quantity variance. To calculate the direct labor rate and quantity variance, we need to use the following formulas:
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Direct labor time (efficiency) variance= (30*6 - 130)*14
Direct labor time (efficiency) variance= $700 favorable
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Direct labor rate variance= (14 - 12)*130
Direct labor rate variance= $260 favorable
Actual rate= 1,560/130= $12
Total direct labor variance= 700 + 260
Total direct labor variance= $960 favorable
a ceo decides to change an accounting method at the end of the current year. the change results in reported profits increasing by 5% but the company's cash flows are not changing. if capital markets are efficient, then the stock price will:
Answer:
The stock price will not be affected by the accounting change.
Explanation:
Since it is assumed that the capital markets are efficient, the stock's market price is expected to reflect all available and relevant information. This implies that all the necessary information is already incorporated into the stock price. The CEO cannot deceive the market through this change in accounting method. Therefore, the stock price will not be undervalued or overvalued. Moreover, the change in accounting method only shifts the timing for reporting income.
Yosko Company manufactures luggage sets. Yosko sells its luggage sets to department stores. Yosko expects to sell 2,050 luggage sets for $280 each in January and 2,400 luggage sets for $280 each in February. All sales are cash only. Prepare the sales budget for January and February
Answer:
Yosko Company
Sales Budget
Two month ended January 31 and February 28
January February
Budgeted luggage sets to be sold 2,050 2,400
Sales price per set $280 $280
Total sales $574,000 $672,000
Three months ago, Central Supply stock was selling for $51.40 a share. At that time, you purchased five put options on the stock with a strike price of $52 per share and an option price of $0.60 per share. The option expires today when the value of the stock is $42.70 per share. What is your net profit or loss on this investment
Answer:
$4,350
Explanation:
Calculation to determine your net profit or loss on this investment
Net profit = (-$0.60 - $42.70 + $52) × 100 × 5
Net profit= $4,350
Therefore your net profit or loss on this investment is $4,350
According to the growth accounting studies, if you lived in a country where illiteracy was high and 40% of the children left school early and did not complete their education what would probably be the results for that country
Answer: b. There would be both a human and economic loss.
Explanation:
Education is usually necessary for economic growth as educated human beings are better able to engage in higher income businesses and services and come up with or be able to use better technology that would serve to improve the economy of a country.
This is why developed countries have such high literacy rates and developing countries lag behind. Research has shown that most developed countries really saw growth only after they pursed a national policy aimed at improving literacy.
Your uncle offers you a choice of $112,000 in 10 years or $51,000 today. Use Appendix B as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. If money is discounted at 8 percent, what is the present value of the $112,000
Answer:
the present value of the $112,000 is $51,856
Explanation:
The computation of the present value is given below:
Present Value = Amount × Present value factor at 8% for 10 years
= $112,000 × 0.463
= $51,856
hence, the present value of the $112,000 is $51,856
We simply applied the above formula so that the correct amount could come
The difference between domestic and international marketing lies in the different concepts of marketing.
Answer:
The difference between domestic and international marketing lies in the different concepts of marketing. An international marketer must deal with at least two levels of uncontrollable uncertainty. ... The foreign policies of a country have a direct effect on a firm's international marketing success
The following costs were incurred in May:
Direct materials $39,400
Direct labor $34,000
Manufacturing overhead $21,600
Selling expenses $19,700
Administrative expenses $38,600
Conversion costs during the month totaled: ______________
a. $61,000
b. $153,300
c. $73,400
d. $55,600
Answer:
d. $55,600
Explanation:
Direct Labor = $34,000
Manufacturing Overhead Cost = $21,600
Conversion Cost = Direct Labor + Manufacturing Overhead Cost
Conversion Cost = $34,000 + $21,600
Conversion Cost = $55,600
So, the conversion costs during the month totaled $55,600.
All of the following are properties of typical indifference curves except Select one: a. indifference curves are bowed outward. b. higher indifference curves are preferred to lower ones. c. indifference curves do not cross. d. indifference curves are downward sloping.
Answer:
A
Explanation:
An indifference curve is a graph that shows the two combinations of goods for which an individual is indifferent in its consumption.
Points on an indifference curve represents various combination of goods to which an individual is indifferent to
higher indifference curve represents higher level of utility
