Answers
Answer:
A self-fulfilling prophecy.
Explanation:
A self-fulfilling prophecy -
It is the socio psychological phenomenon ,
According to the prediction is something which is person truly believes , and at last comes out to be true , is referred to as a self - fulfilling prophecy .
The action of the people is directly linked to their beliefs , i.e. , whatever is the belief of the people , the same is showcased in the action of the person.
Hence , from the given scenario of the question,
The correct term is A self-fulfilling prophecy.
Related Questions
At the end of the current year, Newsmax Inc. has $400,000 of subscriptions received in advance included in its balance sheet. A disclosure note reveals that the entire $400,000 will be recognized in the income statement in the next year. In the absence of other temporary differences, in the balance sheet one would also expect to find a:
A sudden fall in the market demand in a competitive industry leads to a. A short run market equilibrium price lower than the original equilibrium b. A market equilibrium price higher than the short run price c. Some firms exiting the market d. All of the above
Dollar General uses a cost leadership strategy. The Dollar General slogan is "Save time. Save money. Every day!®" Dollar General will be more effective if it has a mechanistic structure. Which of the following reasons explain this? Check all that apply.-Narrow spans of management ensure that employees operate efficiently.-Centralized decision making allows the organization to place tighter controls on the way work is done and, in the process, achieve economies of scale
Dillard’s, Inc., operates department stores located primarily in the Southwest, Southeast, and Midwest. In its 2016 third-quarter report, the company reported Cost of Goods Sold of $880 million, ending inventory for the third quarter of $1,900 million, and ending inventory for the previous quarter of $1,500 million. Estimate merchandise purchases for the third quarter.
Answers
Answer:
It waster $74,941.2 per year
Explanation:
The procedure is as follow:
- We calcualte the Economic order Quantity
- Then we calculatethe cost for EOQ and current order size
- compare to know the loss for inefficiency in inventory
1.- EOQ
D = annual demand 230 units x 12 month = 2,760
S= setup cost = ordering cost = 38
H= Holding Cost= 10% of unit cost 39.60
EOQ = 72.78028371 = 73
2.- Calculate Cost:
EOQ cost:
orders 2,760 / 73 = 37.80 = 38 order x $38 each = $1,444
holding cost: 73 x 39.6 = $2,890.8
Total: 1,444 + 2,890.8 = 4,334.8
Current Cost:
orders: 2,760 / 2,000 = 1.* = 2 order per year x $38 each = $76
holding cost: 2,000 x 39.6 = 79.200
Total 79,200 + 76 = 79,276
3.- Difference:
79,276 - 4,334.8 = 74,941.2
Answers
Answer:
$600 unfavorable
Explanation:
The budgeted cost of producing 14,000 units at $5.50 per unit and with fixed costs of $19,400 is:
The variance is given by subtracting the budgeted cost by the actual cost ($97,000):
Since the variance is negative, the variance is unfavorable
A) $24.0 million
B) $56.0 million
C) $31.5 million
D) $13.5 million
The amount that Ford Motor Company owe in taxes next year with the launch of the new SUV is closest to:
A) $13.5 million
B) $31.5 million
C) $56.0 million
D) $24.0 million
Answers
Answer:
(a) Option (A) is correct.
(b) Option (A) is correct.
Explanation:
Given that,
With the new SUV launch,
Generate operating losses = $35 million next year
Without the new SUV,
Expects to earn pre-tax income = $80 million from operations next year
Tax rate on its pre-tax income = 30%
(a) The amount that Ford Motor Company owe in taxes next year without the launch of the new SUV is closest to:
= Expected pre-tax income × Tax rate on its pre-tax income
= $80 Million × 30%
= $24 Million
(b) The amount that Ford Motor Company owe in taxes next year with the launch of the new SUV is closest to:
= ( Expected pre-tax income - operating losses) × Tax rate on its pre-tax income
= ($80 Million - 35 Million) 30%
= $13.5 Million
Final answer:
If Ford does not launch the new Plug-in Electric SUV, it will owe $24 million in taxes. However, if the new SUV is launched, its tax obligation decreases to $13.5 million due to the operating losses reducing pre-tax income.
Explanation:
If Ford Motor Company does not launch the new SUV, its pre-tax income would be $80 million. Given that the tax rate is 30%, the taxes owed would be 30% of $80 million, which equals $24 million, so the correct answer is option A) $24.0 million.
However, if the company does decide to launch the new SUV, it would incur operating losses of $35 million. This would reduce the pre-tax income to $80 million - $35 million, which is $45 million. The taxes would then be 30% of $45 million, which equals $13.5 million, so for this scenario, the correct answer is D) $13.5 million.
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Answers
Answer:
Option (c) is correct.
Explanation:
Given that,
Beginning inventory = $90,000;
Ending inventory = $70,000;
Cost of goods sold = $968,000
Sales = $1,360,000
Average inventor:
= (Beginning inventory + Ending inventory) ÷ 2
= ($90,000 + $70,000) ÷ 2
= $160,000 ÷ 2
= $80,000
Inventory turnover is the ratio of cost of goods sold and average inventory.
Paul’s inventory turnover in 2020:
= Cost of goods sold ÷ Average Inventory
= $968,000 ÷ $80,000
= 12.1 times
Days in inventory:
= 365 days ÷ Inventory turnover ratio
= 365 days ÷ 12.1
= 30.16 or 30.2 days
Answers
Calculating CLV is most helpful for Assessing the viability of any pricing strategy.
The correct option is B
What is customer lifetime value?
The total amount of money a client is anticipated to spend with your company or on your products over the course of an average business relationship is known as customer lifetime value.
If you can reach a CLV that is between three and five times your cost per new customer, it is a good range. Therefore, you should strive for a CLV of at least $450 if you are investing an average of $150 in acquiring a new customer.
The formula for customer lifetime value is: CLV = Average Transaction Size x Number of Transactions x Retention Period.
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I understand that the question you are looking for is:
Calculating CLV is most helpful for which of the following?
(A) Opening a new retail location
(B) Assessing the viability of any pricing strategy
(C) Estimating demand for a product
(D) Calculating research investment for a new product
Lansing Company’s 2017 income statement and selected balance sheet data (for current assets and current liabilities) at December 31, 2016 and 2017, follow.
LANSING COMPANY
Income Statement
For Year Ended December 31, 2017
Sales revenue $ 118,200
Expenses
Cost of goods sold 49,000
Depreciation expense 15,500
Salaries expense 25,000
Rent expense 9,700
Insurance expense 4,500
Interest expense 4,300
Utilities expense 3,500
Net income $ 6,700
LANSING COMPANY
Selected Balance Sheet Accounts
At December 31 2017 2016
Accounts receivable $ 6,300 $ 7,200
Inventory 2,680 1,890
Accounts payable 5,100 6,000
Salaries payable 1,020 770
Utilities payable 360 230
Prepaid insurance 330 420
Prepaid rent 360 250
Problem 16-1A Indirect: Computing cash flows from operations LO P2
Required:
Prepare the cash flows from operating activities section only of the company’s 2017 statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)
LANSING COMPANY
Cash Flows from Operating Activities—Indirect Method
For Year Ended December 31, 2017
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operations:
Answers
Answer:
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $6,700
Adjustment made:
Add : Depreciation expense $15,500
Add: Decrease in accounts receivable $900 ($6,300 - $7,200)
Less: Increase in inventory -$790 ($2,680 - $1,890)
Less: Decrease in accounts payable -$900 ($5,100 - $6,000
Add: Increase in salaries payable $250 ($1,020 - $770)
Add: Increase in utility payable $130 ($360 - $230)
Less: Decrease in prepaid insurance -$90 ($330 - $420
Add: Increase in prepaid rent $110 ($360 - $250)
Total of Adjustments $15,110
Net Cash flow from Operating activities $21,810