BUSINESS COLLEGE

Investing in stocks is like gambling when:a. both have a short time horizon

b. both involve risk

c. both involve an initial outflow of cash

d. both result in long-term loses.

Answers

Answer 1
Answer: If so maybe see hope help

Related Questions

Firm E must choose between two alternative transactions. Transaction 1 requires a $11,100 cash outlay that would be nondeductible in the computation of taxable income. Transaction 2 requires a $15,800 cash outlay that would be a deductible expense. Determine the after-tax cost for each transaction. Assume Firm E’s marginal tax rate is 10 percent. Determine the after-tax cost for each transaction. Assume Firm E’s marginal tax rate is 30 percent.
Each of the following are classified as a noncash investing or financing activity except: a. retirement of debt by issuing stock b. reissuing treasury stock c. purchase of long-term assets by issuing bonds d. purchase of noncash assets by issuing equity
By encouraging its sales representatives to freely talk to their managers about the changing customer needs, RST Global increased its responsiveness to customers. Which of the following is most likely to be the factor that helped RST achieve this? Low information richness Overload of information High perceptual bias Good communication Effective electronic trail
On January 1, Song Corp. receives a $100,000, two-year, note receivable from a customer in exchange for payment of goods. The note has a 12% effective interest rate. On December 31, when Song records interest for the year, Song will record
Bank A has an increase in deposits of $20 million dollars and all bank reserve requirements are 10%. Bank A loans out the full amount of the deposit increase that is allowed. This amount winds up deposited in Bank B. Bank B finds out the full amount possible as well and this amount winds up deposited in Bank C. What is the total increase in deposits resulting from these three banks

The Roland Company needs to comply with the financial reporting standards of the Sarbanes-Oxley Act. One of the employees, Ken, believes that the costs outweigh the benefits. However, his boss feels the opposite, that the benefits outweigh the costs. Who is correct? A : Ken is correct, as the costs outweigh the benefits. B : Neither of them is correct, as determining the costs of the Act is possible, but determining the benefits is not fully possible. C : Neither of them is correct, as determining the benefits of the Act is possible, but determining the costs is not fully possible. D : Ken’s boss is correct, as the benefits outweigh the costs.

Answers

Answer:

The correct answer is letter "B": Neither of them is correct, as determining the costs of the Act is possible, but determining the benefits is not fully possible.

Explanation:

The Sarbanes-Oxley (SOX) Act Of 2002 is a legislative response to several corporate scandals that sent shock waves through the world financial markets. The SOX attempts to strengthen corporate oversight and improve internal control. The main purpose of SOX is to protect shareholders from fraudulent representation in corporate financial statements.

In regards to the Roland Company case, the cost of implementing SOX will be a more strict accounting and financial book-keeping. This could provide the company with more accurate information that helps to make better corporate decisions but the benefits cannot be fully measured.

Final answer:

The question as to whether the costs or benefits of the Sarbanes-Oxley Act outweigh each other depends on the specific circumstances of the company and how one interprets these costs and benefits. Nevertheless, the Act is generally understood to enhance transparency, reduce fraud, and build investor confidence.

Explanation:

This is a subjective question as it pertains to the perception of costs and benefits under the Sarbanes-Oxley Act. One cannot definitively say if Ken or his boss is correct without having a complete picture of the Roland Company's financial situation and understanding of the Act's implications. However, the premise of the Sarbanes-Oxley Act is to increase transparency in financial reporting, reduce incidents of corporate fraud, and protect shareholders. While the act does impose significant administrative costs, many argue that its benefits in promoting investor confidence outweigh these costs. Thus, it could be argued that the views of Ken’s boss would align more with the overall objective of the Act.

Learn more about Sarbanes-Oxley Act here:

brainly.com/question/32331510

Woodman Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Estimated and actual data for direct labor and manufacturing overhead for last year are as follows: Estimated Actual
Direct Labor Hours: 600,000 550,000
Manufacturing Overhead Estimated $720,000 $680,000

Answers

Answer:

Underapplied overhead= $20,000

Explanation:

Giving the following information:

Estimated Actual

Direct Labor Hours: 600,000 550,000

Manufacturing Overhead Estimated $720,000 $680,000

I assume that we need to calculate the over/under applied overhead.

First, we need to determine  the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 720,000/600,000

Predetermined manufacturing overhead rate= $1.2 per direct labor hour

Now, we apply overhead based on actual hours:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 1.2*550,000

Allocated MOH= $660,000

Finally, the under/over applied overhead:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 680,000 - 660,000

Underapplied overhead= $20,000

In an assembly operation at a furniture factory, 4 employees assembled an average of 600 standard dining chairs per 6-day work week. What is the labor productivity of this operation

Answers

Answer:

25 chairs per employee.

Explanation:

In this case labour productivity is the number of dining chairs per day over number of employees.

An average of 600 standard dining chairs were assembled per 6-day work week.

This means that, the number of dining chairs assembled per day is

(600)/(6) = 100

The number if employees is 4.

Therefore the labour productivity of this operation is:

(100)/(4) = 25

per employee.

Revise the following wordy, unorganized paragraphs. Include an introductory statement followed by a bulleted or numbered list. Look for ways to eliminate unnecessary wording.Because all casual clothing is not suitable for the office, these guidelines will help you determine what is appropriate to wear to work. Slacks that are similar to Dockers and other makers of cotton or synthetic material pants, wool pants, flannel pants, and attractive dress synthetic pants are acceptable. Casual dresses and skirts hemmed at the knee and lower or slits at or below the knee are acceptable. Dress and skirt length should be at a length at which you can sit comfortably in public. Casual shirts and blouses, dress shirts and blouses, sweaters, tops, golf-type shirts, tunics, and turtlenecks are acceptable attire for work. Most suit jackets or sport jackets are also acceptable attire for the office. Conservative athletic or walking shoes, loafers, clogs, sneakers, boots, flats, dress heels, and leather deck-type shoes are acceptable for work.

Answers

Answer:

Revision of wordy, unorganized paragraphs

Our organization's dress code allows suitable office dresses.  Find below the guidelines for allowed dresses:

  • Slacks similar to Dockers
  • Casual dresses and skirts hemmed at the lower knee
  • Comfortable dress and skirt length
  • Casual shirts and blouses are acceptable
  • Suit and sport jackets
  • Conservative athletic or walking shoes

Explanation:

The use of bulleted or numbered lists can help to organize wordy paragraphs.  They also eliminate some of the unnecessary wordings that have been included, thereby reducing the overall length.

Vacation Pay and Pension Benefits Regling Company provides its employees vacation benefits and a defined benefit pension plan. Employees earned vacation pay of $40,000 for the period. The pension formula calculated a pension cost of $222,750. Only $185,000 was contributed to the pension plan administrator. (a) Provide the journal entry for the vacation pay. If an amount box does not require an entry, leave it blank. (b) Provide the journal entry for the pension benefit. If an amount box does not require an entry, leave it blank.

Answers

Answer and Explanation:

According to the scenario, journal entry for the given data are as follows:

(a).

Vacation Pay Expenses A/c Dr. $40,000  

To Vacation Pay Payable A/c. $40,000

(Being vacation pay for the period is recorded)

(b).

Pension Expenses A/c Dr. $222,750  

To Cash A/c. $185,000

To Unfunded Pension Liabilities A/c $37,750     ( $225,750 - $185,000)

( Being pension benefit for the period is recorded)

The average lead time of a unit of product through a manufacturing station is 18 minutes. The average work in process inventory at this station has been 30 pieces. What is the production rate?a. 3.0 pieces/min
b. 0.33 pieces/min
c. 1.66 pieces/min
d. 0.83 pieces/min

Answers

Answer:

Production rate = 1.66 pieces/min (Approx)

Explanation:

Given:

Average lead time = 18 minutes

Average work in process inventory = 30 pieces

Find:

Production rate

Computation:

Production rate = Average work in process inventory/Average lead time

Production rate = 30/18

Production rate = 1.66 pieces/min (Approx)
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