A drop in the market price of a firm's common stock will immediately affect its:

Imagine that you work in a call center. Your manager tells you that you need to answer 25% more calls per hour. In order to do t

vesna_86 [32]

Answer:

By answering more phone calls but providing worse service, you ARE being EFFICIENT but NOT <u>SATISFY CUSTOMERS' NEEDS</u>.

Explanation:

A worker's efficiency is measured by the total output per hour of labor. In this case, since you are answering more calls per hour, your efficiency is increasing (higher output per hour).

The quality of the service provided by a worker's is measured by the quality of their output (or performance), and if you satisfy your customers' needs. Since the service that you are providing is not that good, then your quality levels are decreasing.

You may be producing more services, but the services produced lack good quality.

5 0

3 years ago

A car insurance policy has a $500 deductible for comprehensive coverage and a $1000

Alexus [3.1K]

$1500 will be paid by the Insurance policy as the accident has lead to $725 damage to John’a car which will be covered up to $500 (full amount that insurance can pay), leaving him to pay off the rest. As for the liability that is worth $1525 so insurance will pay what it can which is $1000, leaving John to pay off the remaining amount. So the insurance is paying $1500 ($500 comprehensive coverage plus $1000 liability coverage)

7 0

3 years ago

Read 2 more answers

Calculate the amount of depreciation to report during the year ended December 31, 2013, for equipment that was purchased at a co

alukav5142 [94]

Answer:

1) Straightline $ 2000

2) Double-Declining-Balance $ 4000

3) Units of Production $ 2000

Explanation:

Cost of equipment $43,000

Residual value of equipment $3,000

Useful life of equipment 5 years

Formula:

1) Straight Line Method Depreciation = Cost - Salvage Value/ Useful Life

Straight Line Method Depreciation = $43,000 -$3,000/5=$ 8000

The amount of depreciation using Straight Line Method Depreciation for the year ended December 31, 2013, is

($ 8000/12)*3= $ 2000

The straight Line depreciation expense for 3 months is $ 2000

2) Straight Line Rate= 100%

Useful Life= 100%/5 = 20%

Double Declining Method = 2 * Straight Line Rate

Double Declining Method = 2 * Straight Line Rate= 2*20%= 40%

Year Book Value Dep Dep Accu. Book

Rate Expense Dep. Value

1 40,000 40 16000 16000 24000

Depreciation Expense for the whole year would be $ 16000.

Depreciation expense using double declining method for 3 months would be = ($ 16000/12 )*3= $ 4000

3) Depreciation per unit= (Cost -Salvage value) / Total units of production

Depreciation per unit= $43,000 -$3,000/20,000=40,000/20,000=2

Depreciation Expense = Depreciation per unit * No of Units Produced

Depreciation Expense = 2*1000= $ 2000

Depreciation Expense using Units of Production method would be $ 2000 for 3 months. i.e on 31st Oct 2013

3 0

3 years ago

Lexington company borrows $10,000 from a bank by signing a promissory note. what are the effects of this transaction on the acco

Rina8888 [55]

Lexington company borrows $10,000 from a bank by signing a promissory note. Increased assets and increased liabilities are the effects of this transaction on the accounting equation.

A company is a legal entity or legal entity established under the Companies Act. It may be a limited or unlimited company, a private or public company, a limited liability company or company with share capital, or a company of common interest. A legal entity is a type of legal entity structure that is a separate legal entity from its owner. This is a complex business structure, with additional reporting requirements and invalid legal obligations making it expensive to set up and manage.

A corporation is a legal entity distinct from its owners, managers, operators, employees, and agents. Legal entities have the same powers as individuals, including the right to own and dispose of property, the power to sue and be sued, and the power to contract for a profit. A business example is an agriculture. An example transaction is the sale of a home.

Learn more about the company here

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7 0

2 years ago

A manufacturer planned to use $97 of materials per unit produced, but in the most recent period it actually used $95 of material

Tasya [4]

Answer:

The flexible-budget variance for materials is $5,000 favorable.

Explanation:

In order to calculate the The flexible-budget variance for materials we have to use the following formula:

Flexible budget variance for materials = Budgeted material cost for actual production - Actual material cost

= (2,500*$97) - (2,500*$95)

= $242,500-$237,500

= $5,000

Hence, The flexible-budget variance for materials is $5,000 favorable.

6 0

3 years ago