When a manager deciding how to most fairly identify internal candidates for a promotion she is making a _________

Which of these is an example of using secondary data for market research?

Effectus [21]

Answer:

B. Using census data to find information about your target market

Explanation:

4 0

4 years ago

Kloss Inc. issued 4% bonds on October 1, 2021. The bonds have a maturity date of September 30, 2031 and a face value of $300 mil

tia_tia [17]

Answer:

$256,196,490

Explanation:

The computation of the interest expense recognized in 2021 income statement is shown below:

For cash interest for 3 months, it would be

= $300,000,000 × 4% × 3 months ÷ 12 months

= $3,000,000

For 3 months, it would be

= $255,369,000 × 6% × 3 months ÷ 12 months

= $3,830,490

The change in carrying value is

= $3,830,490 - $3,000,000

= $830,490

So, the interest expense is

= $255,369,000 + $830,490

= $256,196,490

The 3 months is calculated from October 1 to December 31

3 0

3 years ago

Pension data for Millington Enterprises include the following: ($ in millions) Discount rate, 10% Projected benefit obligation,

baherus [9]

Answer:

1. Service cost $294 million

2. Net Pension Liabiltiy $24 million

Net pension Assets $20 million

Explanation:

1. Calculation to determine the service cost component of pension expense for the year ended December 31

SERVICE COST ($ in millions)

Projected benefit obligation, December 31 540

Less Projected benefit obligation, January 1 ($350)

Less Interest Cost ($35)

(10%*$350)

Add Benefit payments to retirees, December 31 $69

Service cost $294

($540 - $350 - $35 + $69)

Therefore the service cost component of pension expense for the year ended December 31 will be $294

2. Calculation to determine pension liability that must be reported in the balance sheet using this formula

Pension Liabiltiy=Projected benefit obligation-Plan Assets

Let plug in the formula

Net Pension Liabiltiy=$80 million-$56 million

Pension Liabiltiy=$24 million

Therefore The pension liability that must be reported in the balance sheet will be $24 million

Calculation to determine What would JDS report if the plan assets were $100 million instead

Using this formula

Net pension Assets=Plan Assets-Projected benefit obligation

Let plug in the formula

Net pension Assets=$100 million instead-$80 million

Net pension Assets=$20 million

Therefore What would JDS report if the plan assets were $100 million instead is $20 million

7 0

4 years ago

intext:"On December 31, there were 26 units remaining in ending inventory. Using the periodic LIFO inventory costing method, wha

densk [106]

Answer:

Hi, the question you have provided is missing data on the Purchases and Available Inventory for Sale on the Company :

Here are the important principles to consider when calculating the value of Cost of Goods Sold using LIFO periodic Inventory Costing System.

LIFO stands for Last - In - First - Out. This method assumes that the last goods purchased are the first ones to be issued to the final customer or requisition department.

This means the valuation of inventory will be at the value of the earliest goods purchased and that the cost of goods sold will be at the latest prices.

Units Sold Calculation

In this question we are provided with Ending Inventory Balance of 26 units. Since its Periodic system, calculation of sales units will simply be Total Balance Available for Sale (Opening Balance plus Purchases) less Ending Balance of Inventory units.

Cost of Sales Calculation

Now with the units sold having been calculated, we have to use the principles of LIFO to make sure that of those units sold, last goods purchased are the first ones to be issued to the final customer.

4 0

3 years ago

Why the aggregate demand curve slopes downward

Serggg [28]

Answer:

1. As the price level rises, the cost of borrowing money will rise, causing the quantity of output demanded to fall.

This phenomenon is known as the Interest rate effect.

When price levels rise, people will have to spend more on goods and services and hence save less. As they save less there'll be less loanable funds in the economy which will force interest rates (cost of borrowing) up. As there are less loans to give out and higher rates, people will borrow less and as a result will not demand as much because they can't afford it.

2. Additionally, as the price level rises, the impact on the domestic interest rate will cause the real value of the dollar to rise in foreign exchange markets. The number of domestic products purchased by foreigners (exports) will therefore fall, and the number of foreign products purchased by domestic consumers and firms (imports) will rise. Net exports will therefore fall, causing the quantity of domestic output demanded to fall. This phenomenon is known as the exchange rate effect.

As interest rates rise in the Economy, it will make the country a more attractive place to invest for foreigners so they will demand more of the local currency. This will cause a rise in the value of the domestic currency. This will make the exports of the country more expensive so less people outside will buy it but it will also make foreign products seem cheaper so the local consumers will import more.

4 0

3 years ago

When a manager deciding how to most fairly identify internal candidates for a promotion she is making a __________.