Answer:
A. A superior risk-return trade-off
Explanation:
In a normal and efficient market a professional portfolio management service is able to offer Low-cost diversification, A targeted risk level, and even a Low-cost record keeping. What they cannot offer is a superior risk-return trade-off, this is because risk-return holds a very correlated trade-off in which the higher amount of risk your portfolio holds the higher returns you can get from it, but this does not get rid of the risk which can cause you to lose all of your money. Therefore "superior" is unnachievable.
b. capital and ideas.
c. labor and ideas.
d. natural resources, labor, and ideas.
e. labor and total factor productivity.
Answer:
c. labor and ideas.
Explanation:
The Romer model is a type of economical model that breaks down the world into objects and ideas such as capital, labor
In the Romer model, the inputs to production are labor and ideas.
Answer and step-by-step explanation:
Step 1: Calculation of net accounts receivable on December 31, 2017
Net accounts receivable
= Accounts Receivable - Allowance for Doubtful Debts
= $800,000 - $55,000
= $745,000
The company shall report its net accounts receivable on December 31, 2017 as $745,000.
Step 2: Journal entry to write off the accounts:
Debit Credit
2-Jan-2018 Allowance for doubtful debts $10,000
Accounts receivable $10,000
Writing off debts not collectible
Step 3: Calculation of net accounts receivable on January 3, 2018:
Net accounts receivable
= Accounts Receivable - Allowance for Doubtful Debts
= $790,000 - $45,000
= $745,000
The company shall report its net accounts receivable on January 3, 2018 as $745,000. The net accounts receivable has not changed from December 31, 2017 because the write-offs worth $10,000 were estimated and allowed for in 2017. Hence, the decrease in accounts receivable is offset by an equal decrease in the allowance for doubtful debts.
Extreme Fitness had a Net Accounts Receivable of $745,000 on December 31, 2017. Even after the write-off of certain accounts totalling $10,000 on January 2, 2018, the Net Accounts Receivable strikes the same balance on January 3, 2018, because the write-off affects both the Accounts Receivable and Allowance for Doubtful Accounts equally.
On December 31, 2017, Extreme Fitness had a balance of $800,000 in Accounts Receivable. This amount was offset by a balance of $55,000 in Allowance for Doubtful Accounts, resulting in a Net Accounts Receivable of $745,000 ($800,000 - $55,000).
The company learnt on January 2, 2018, about certain uncollectible accounts and authorized a write-off of $10,000. The journal entry for this would be Debit: Allowance for Doubtful Accounts $10,000 and Credit: Accounts Receivable $10,000. This reduces the Book Value of Accounts Receivable by the write-off amount but does not affect the Net Accounts Receivable.
Thus, post the write-off action on January 3, 2018, the total Accounts Receivable would reduce to $790,000 ($800,000 - $10,000), and the Allowance for Doubtful Accounts would reduce to $45,000 ($55,000 - $10,000). The Net Accounts Receivable, however, still stays at $745,000 ($790,000 - $45,000), just as it was on December 31, 2017.
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Answer:
October
direct labor rate variance =$2,420 unfavorable
direct labor efficiency variance =$11,060 favorable
direct labor cost variance = $ 8,640 favorable
Investigate : direct labor efficiency variance
November
direct labor rate variance = $4,025 unfavorable
direct labor efficiency variance =$ 39,500 favorable
direct labor cost variance = $35,475 favorable
Investigate : direct labor efficiency variance
Explanation:
October
direct labor rate variance = (Aq × Ap) - (Aq × Sp)
= (12,100×$16) - (12,100×$15.80)
=$2,420 unfavorable
direct labor efficiency variance = (Aq × Sp) - (Sq × Sp)
=(12,100 × $15.80) - (6,400×2 ×$15.80)
=$11,060 favorable
direct labor cost variance = direct labor rate variance + direct labor efficiency variance
= $2,420 (A) + $11,060 (F)
= $ 8,640 favorable
November
direct labor rate variance = (Aq × Ap) - (Aq × Sp)
= (16,100×$16.05) - (16,100×$15.80)
= $4,025 unfavorable
direct labor efficiency variance = (Aq × Sp) - (Sq × Sp)
=(16,100 × $15.80) - (6,800×2 ×$15.80)
=$ 39,500 favorable
direct labor cost variance = direct labor rate variance + direct labor efficiency variance
= $4,025 (A) + $ 39,500 (F)
= $35,475 favorable
Answer:
Investors structure is a significant part of an organization. In this manner, it is important to provide the significant data so they can take inform decision. The yearly report give the imperative data the utilization of which they can shape solid justification for taking choices. In any case, most of the time, dominant part of the investors/speculators barely spend their valuable time on examining every single figure gave in the financials. They experience the nuts and bolts and basics as it were. In this manner just material realities must be unveiled in the reports as contenders might be peering toward on the subtleties. That is, it is significant not to reveal the "exchange insider facts" of the organization in its reports. A lot of data prompts data over-burden with which contenders may exploit. It ought to likewise be dealt with that what must be incorporated is incorporated as a general rule.
As a CFO of a publicly-traded company, one should focus on providing meaningful and relevant information to shareholders without revealing strategic specifics that would benefit competitors. This balance can be achieved through effective disclosure management.
As the CFO of a publicly-traded company, you must balance between sharing too much information which can aid your competitors and offering comprehensive details to investors for performance evaluation. The key to resolving this conflict lies in disclosure management. More specifically, you should focus on providing meaningful and relevant information to support investors' decision-making without revealing strategic specifics that would help competitors. For example, quantitative information related to sales, cost, profit, and balance sheet items could be released, along with commentary on operational and financial performance. However, strategic plans, detailed product plans and similar items that could give an advantage to competitors should not be disclosed.
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Answer:
a) 8 dollars
b) 1,640,000
2.- It should be rejected as decreases operating income to 410,000 from 1,640,000
contribution margin: $14
operating income: $ 410,000
Explanation:
68 - 60 = 8
b)
units sold x $8 contribution less fixed cost
410,000 x 8 - 1,640,000 = 1,640,000
2 contribution margin:
68 - 54 = 14
410,000 x 14 - 5,330,000 = 410,000
Although the benefit principle of taxes is founded on two notions, it is critical for business administration students to learn and understand the fundamental principles of income taxation. The first and most important point is that people who gain from services should pay for them. Second, taxation should be proportional to the amount of benefits or services received.
An income tax is generally a tax levied on persons or corporations (taxpayers) based on their earnings or profits (often referred to as taxable income). In most cases, income tax is calculated as the result of a tax rate multiplied by the taxable income.
Taxation rates may differ depending on the taxpayer's attributes and the source of income.
Learn more about income, here:
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The benefit principle of taxation is based on two ideas. The first and foremost is that those who benefit from services should be the ones who pay for them. Secondly, people should pay taxes in proportion to the amount of services or benefits they receive.
Explanation:
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