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3 years ago

One of the reasons that organized crime has been around so long is that it provides goods and services that society wants.

Business

1 answer:

Tatiana [17]3 years ago

6 0

Answer: True.

Explanation:

Organized crimes are crimes carried out by well ordered groups with the sole aim of carrying out illegal activities.

Organized crimes has been around for a long time from before the Era of sea piracy uptill date.

And although the laws of most countries frown against activities of organized crime groups, the crimes continue because some individuals in the society still demand for the goods/services of organized crime, a very popular example is the demand for sex workers who are gotten from an organized crime which is sex trafficking.

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At the beginning of the year (January 1), Buffalo Drilling has $12,000 of common stock outstanding and retained earnings of $7,1

Mrrafil [7]

Answer:

Statement of stockholders' equity

at the end of the year (December 31)

Common Stock Retained Earning Total

Opening Balance $12,000 $7,100 $19,100

Income for the year $7400 $7400

Dividend Paid ($2,100) ($2,100)

Common stock issuance $6,900 $6900

End of the year Balance $18,900 $12,400 $31300

3 0

3 years ago

Bluefield Corp. has two product lines, A and B. Bluefield has identified the following information about its overhead and potent

Triss [41]

Answer:

Overhead assigned to product labour hours

Product A = $36.5 per hour × 76%× 1900= 52,706.0

Product B = $36.5 per hour × 24%× 1900= 16,644.0

Overhead assigned to product using machine hours

Product A = $1.54 × 17,700= $27,258

Product B = $1.54 × 27,300 =$42,042

Explanation:

Under the traditional absorption costing system, overhead is assigned to units produced using the direct labour hours or machine hours basis.

Overhead absorption rate = Budgeted overhead for the period/Budgeted labour hours

OAR = $69,300 /1,900 hours

= $36.5 per hour

Overhead assigned to product

Product A = $36.5 per hour × 76%× 1900= 52,706.0

Product B = $36.5 per hour × 24%× 1900= 16,644.0

Overhead absorption rate = Budgeted overhead for the period/Budgeted machine hours

OAR = $69,300 /45,000 hours= $1.54 per hour

Overhead assigned to product

Product A = $1.54 × 17,700= $27,258

Product B = $1.54 × 27,300 =$42,042

4 0

3 years ago

1. Describe several operational and behavioral benefits that are generally attributed to a participative budgetary process. 2. I

morpeh [17]

Answer:

Explanation:

1. Some of the operational and behavioral benefits that are generally attributed to a participatory budgeting process are as follows:

a) Utilization of the best knowledge of activities in a specific area, because the participants are close to daily operations.

b) Goals that are more realistic and acceptable.

c) Improved communication and group cohesiveness.

d) A sense of commitment and willingness to be held accountable for the budget.

2. Four deficiencies in Patricia Eklund’s participatory policy for planning and performance evaluation, along with recommendations of how the deficiencies can be corrected:

Deficiencies Recommendations The setting of constraints on fixed expenditures includes uncontrollable fixed costs, thereby mitigating the positive effects of participatory budgeting. Rewards should be based on meeting budget and/or organizational goals or objectives. The arbitrary revision of approved budgets defeats the participatory process. The contingency budget should be separate, over and above each department’s srcinal submission. The division manager holds back a percentage of each budget for discretionary use. Managers should be involved in the revision of budgets. Managers could submit a budget with programs at different levels of funding. Evaluation based on budget performance must be accompanied with intrinsic rewards. Divisional constraints could be at a budget "kick-off meeting;however individual limit of controllable expenses should be set by each manager

6 0

3 years ago

An investor is considering buying one of two 10-year, $1,000 face value, noncallable bonds: Bond A has a 7% annual coupon, while

klemol [59]

Answer:B. One year from now Bond A's price will be higher than it is today.

Explanation:A Noncallable bond is a bond whose investment cannot be redeemed before its maturity date by the issuer, it can only be redeemed after the payment of a penalty.

The issuer of a noncallable bond makes itself vunerable to interest rate risk mainly because, at the issuance of the bond, it is locked to the interest rate it will pay only when the bond's maturity date is achieved.

Coupon rate is the rate at which a bond repay its owner,it can be annual.

3 0

3 years ago

Dulce Corporation had 200,000 shares of common stock outstanding during the current year. There were also options for 10,000 sha

Nimfa-mama [501]

Answer:

$19.80

Explanation:

The Diluted EPS of Dulce Corporation shall be determined through the following mentioned formula:

Diluted EPS=Net income/Number of outstanding shares

Net income= $4 million

Number of outstanding shares=Common stock shares+shares issued for free due to share options

Common stock shares=200,000

shares issued for free due to share options=Number of options*Intrinsic value/market price of common shares

Number of options=10,000

Intrinsic value=market price-exercise price=$25-$20=$5

Shares exercised due to share options=10,000*5/25=2,000

Diluted EPS=$4,000,000/200,000+2,000

=$19.80

3 0

4 years ago