Answer:
c. technological
Explanation:
General environment of an organization refers to those facets of the environment which are not specific to just one organization but applicable to all, which affect an organization such as political factors, technological factors, economic factors, legal factors and cultural factors.
For example, political factors would relate to change in the political structure in which the organization operates. Legal factors would be change in laws and law amendments applicable to an organization.
Technological factors refer to changes in technology or technological advancements. Any invention would be categorized as a technological development as such aspects did not exist before.
Thus, this is a case of technological development.
Answer:
a.) The Objective: To know the public opinion on the waste of the tax payer dollards
b). The population: Adults ages 18 years or older in a certain country
c). The sample: 1003 adults
d). Descriptive statistics:
36% (362 individuals) think that 51 cents or more is wasted out of every dollar that tax payers pay the goverment
36% ( 362 individuals) think that at least 51 cents are wasted out of every dollar that tax payers pay the goverment
Margin of error= 5%
Confidence level= 90%
Explanation:
A). The research main objective is extracted from the reasearch question. If researchers question is how many cents out of a dollar that tax payers pay adults think are wasted then the objective is to know that information.
B). The population is not the same as sample, the sample is the representative portion of the population, in this case the population are adults in the country.
C). the sample is 1003 adults from the country.
D. Descriptive statistics are included in the question.
The margin of error is a statistic that expresses the amount of random sampling error in the results of a survey.
A confidence level refers to the percentage of all possible samples that can be expected to include the true population parameter given the sample.
Answer:
Gomez Corp. Journal entry
1. 31-Jan
Dr Allowance for doubtful accounts $800
Cr Accounts receivable - C. Green $800
2. 9-Mar
Dr Accounts receivable - C. Green $300
Cr Allowance for doubtful accounts $300
3. 9-Mar
Dr Cash $300
Cr Accounts receivable - C. Green $300
Explanation:
1. On January 1 Gomez Corp was said to use the allowance method to account for uncollectibles which means we have to record the write off as uncollectibles by Debiting Allowance for doubtful accounts with $800 and Credit Accounts receivable - C. Green with the same amount.
2. On March 9, receives a payment of $300 from Green which means we have to record the accounts receivables reinstated by
Debiting Accounts receivable - C. Green with $300 and Crediting Allowance for doubtful accounts with same amount.
3. Since it receives a payment of $300 from Green on March 9 we have to record cash receipt by Debiting Cash with $300 and Crediting Accounts receivable - C. Green with $300.
Answer:
a)
Project Y and Project Z
b)
Project X and Project Y
c)
Project X and Project Z
Explanation:
Apply the CAPM to calculate the required return for each project as followed:
Project W: 4% + 0.75 * (11%-4%) = 9.25%
Project X: 4% + 0.90 * (11%-4%) = 10.3%
Project Y: 4% + 1.15 * (11%-4%) = 12.05%
Project Z: 4% + 1.45 * (11%-4%) = 14.15%
So, for:
a)
Which projects have a higher expected return than the firms 11 percent cost of capital: Project Y 12.8% and Project Z 13.9% which are given.
b)
Project should be accepted is project that has expected returns higher than required return which is Project X and Project Y.
c)
Using the firm's overall cost of capital as a hurdle rate:
Project Z will be accepted which is incorrect because its Required returned is higher than its expected returns ( 14.15% > 13.9%)
Project X will be rejected which is incorrect because its Required returned is lower than its expected returns ( 10.3% < 10.8%).
Answer:
Overhead application rate
= <u>Budgeted overhead</u>
Budgeted machine hours
= <u>$266,400</u>
18,500 hours
= $14.40 per machine hour
Overhead applied
= Overhead application rate x Actual machine hours
= $14.40 x 19,050 hours
= $274,320
Under-applied overhead
= Overhead applied - Actual factory overhead
= $274,320 - $287,920
= $13,600
Explanation:
In this question, there is need to determine the overhead application rate, which is the ratio of budgeted factory overhead to budgeted machine hours. Then, we will calculate the overhead applied, which is overhead application rate multiplied by actual machine hours. Under-applied overhead is the difference between overhead applied and actual factory overhead. .
