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3 years ago

Which is more likely to give you a greater rate of return: a checking deposit at a bank or the purchase of a corporate bond?

1 answer:

6 0

A corporate bond would give the higher rate because it would be for a minimum term like say 1 year whereby the financial institution can lend out the money to someone else and from the interest on that can pay a significant return whereas interest on a chequing account will be very low since the balance will go up and down over a month or year so there is no guarantee to the financial institution of having the money long enough to earn some money on it.

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Which of the following is NOT considered to be one of the three primary functions that all organizations perform? A. research a

lidiya [134]

Answer: Research and development

Explanation: Primary functions are those functions which ensures that the essential requirements to operate the business efficiently are met. These require monitoring by the second level managers of the organisation.

Production, marketing and finance are the basic needs of an organisation for living in the market. Research and development is not an activity without which the business won't be able to run.

Thus, we can conclude that the right answer is Option A.

6 0

3 years ago

Thornton Company sells lamps and other lighting fixtures. The purchasing department manager prepared the following inventory pur

anastassius [24]

Question Completion:

Inventory Purchases Budget January February March April

Budgeted cost of goods sold $ 60,000 $ 64,000 $ 70,000 $79,000

Plus: Desired ending inventory 6,400

Inventory needed 66,400

Less: Beginning inventory 9,000

Purchases (on account) $ 57,400

Answer:

Thornton Company

a) Inventory Purchases Budget January February March Total

Budgeted cost of goods sold $ 60,000 $ 64,000 $ 70,000 $ 194,000

Plus: Desired ending inventory 6,400 7,000 7,900 7,900

Inventory needed 66,400 71,000 77,900

Less: Beginning inventory 9,000 6,400 7,000

Purchases (on account) $ 57,400 $ 64,600 $ 70,900

b) Cost of goods sold for first quarter = $194,000

c) Ending Inventory at the end of first quarter = $7,900

Explanation:

Data and Calculations:

April's budgeted cost of goods sold = $79,000

Inventory Purchases Budget January February March April

Budgeted cost of goods sold $ 60,000 $ 64,000 $ 70,000 $79,000

Plus: Desired ending inventory 6,400 7,000 7,900

Inventory needed 66,400 71,000 77,900

Less: Beginning inventory 9,000 6,400 7,000

Purchases (on account) $ 57,400 $ 64,600 $ 70,900

Cost of goods sold for the first quarter = $194,000 (60,000 + 64,000 + 70,000)

Ending Inventory at the end of the first quarter = 10% of $79,000 = $7,900

4 0

3 years ago

You have been looking at several reports containing HRM metrics. You are a bit overwhelmed by all of the information. Then you r

anyanavicka [17]

Answer:

d. HRM metrics must be mapped to business goals

Explanation:

In the case when you are looking to various reports that involved the HRM metrics and you are overwhelmed by all the given information so after that you remember the key statement related to HRM metrics is that it would be mapped with the goals and objectives of the business

Therefore as per the given situation the option d is correct

And the rest of the options are wrong

3 0

3 years ago

Which of the following transactions adds to U.S. GDP for 2006?

larisa86 [58]

Explanation:

Remember that the GDP measures the market value of all goods and services produced in an economy (country or region) in a specific period of time

a. This does not add to the U.S GDP for 2006 because windows were produced in 2010.

b. This does not add to the U.S GDP for 2006 because the Irish marketing consultant earns in 2010.

c. This does not add to the U.S GDP for 2006 because Tim and Tina got married in 2010.

d. Transactions that add in 2010 GDP do not count in 2006 GDP.

4 0

3 years ago

Texteriles Company creates different types of bolts of cloth. These bolts of cloth are made on the same machinery. The textile m

nikdorinn [45]

Answer:

Combination of products shall be:

Denim = 6,000 bolts

Chenille = 240 bolts

Gauze = 1,200 bolts

Explanation:

As provided the machine hours are limited thus, the constraint is machine hours.

Accordingly contribution per machine hour shall be computed.

Denim has contribution of $14 for each 0.5 machine hour, thus, contribution per hour = $\frac{14}{0.5} = 28$

Chenille has contribution of $22 per machine hour

Gauze has contribution of $9 per 0.3 hours, thus contribution per machine hour = $\frac{9}{0.3}$ = $30

According to contribution per hour, ranking of products shall be

Gauze I

Denim II

Chenille III

Therefore, bolts of gauze to be produced = 1,200 that is maximum

Hours required = 1,200 $\times$ 0.3 = 360

Hours remaining = 3,600 - 360 = 3,240

Bolts of Denim to be produced = 6,000 that is maximum

Hours required = 6,000 $\times$ 0.5 = 3,000

Hours remaining = 3,240 - 3,000 = 240

Bolts of Chenille that can be produced = $\frac{240\ hours}{1\ bolt\ per\ hour}$ = 240 bolts

Total contribution in this case

= (1,200 $\times$ $9) + (6,000 $\times$ $14) + (240 $\times$ $22)

= ($10,800 + $84,000 + $5,280)

= $100,080

5 0

4 years ago