Answer: B. False
Explanation:
A product backlog is the list that records the improvements to be made to a product.
Teams operating separately should not have multiple backlogs but should have one so that when the team mean to develop the product looks at the backlog, there is one single authoritative file instead of multiple ones that could complicate things.
Compile a list of factors that contributed to the developement of the early Industrial revolution in the united states.
Answer:
Probably the railroad was the single most important factor that contributed to the American industrial revolution.
The railroad was essential for relocating immigrants, accessing mines in the west and expanding the country in general.
Other important factors include:
Early industrialization increased productivity, and American entrepreneurs realized that and wanted to copy that model. Several American inventions increased productivity.
That led to change from agricultural nation to industrial nation (at least in the northern states).
Businesses expanded and corporations were formed. That led to powerful monopolies.
The government itself did not intervene in the economy that much, it was worried about economic growth and the means were not something to care about.
As more immigrants arrived, markets starters to grow. Also, the government imposed high tariffs on imported goods which benefitted American producers.
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Francis has recently started an advertising campaign that includes numerous advertisements across various media formats. Since the campaign began,
sales are up 20%. He wants to increase his investment in the advertisements that have been most effective, but he doesn't know which ones to do. What has he failed to include in his advertisement planning?
A. Determining his target audience
B. Planning his advertising budget
C. How to measure advertising effectiveness
D. Knowing what types of media formats are available
He failed to include in his advertisement planning, knowing what types of media formats are available, hence option (D) is correct
What is an advertisement?The term advertisement refers that the promotion of a product to people digitally or a sample-based of product it can be under advertisement there are different types of advertisements are being also there as newspapers, and television are the source for the advertisement as well.
By not knowing the right advertisement Francis are not been able to make the sales it wanted to make as for the sales more advertisements are being required and by the advertisement they can make better work and more effectively in it but not knowing the current values in the sales he was not able to work on it.
Therefore, option (D) is correct.
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Hector discovered that there was an error on his 2019 Form 1040 which was filed electronically from your office. He would like to amend the form and claim an additional refund as quickly as possible. Which of the following procedures should be used? Prepare a Form 1040-X and_____________.A. Mail to the IRS using an overnight service.B. Instruct Hector to hand deliver it to the local IRS office.C. File it electronically.D. Mail as usual.
Answer: File it electronically
Explanation:
Form 1040 is an Internal Service Revenue tax form that is utlized for the returns of the personal federal income tax that are filed by the residents of the United States.
Form 1040 calculates the taxpayer's total taxable income and then determines the amount that'll be paid or the amount that the government would refund.
Based on the information given, the procedures that should be used would be to prepare a Form 1040-X and then file it electronically so that Hector can make his claim.
A graph titled Total U S Government Spending as Percentage of G D P from 1990-2012 has year on the x-axis and percentage of G D P on the y-axis, from 15 to 30 percent in increments of 5. The percentage of G D P is lowest at 18 percent in 2001 and highest at 25 percent in 2009. The graph shows government spending as a percentage of GDP from 1990 to 2012. At its peak, government spending made up about half of GDP. 100 percent of GDP. one quarter of GDP. one tenth of GDP.
Answer:
C. one quarter of GDP
Explanation:
edge
At the peak of the graph, U.S. government spending as a percentage of GDP was one quarter of GDP.
U.S. Spending from 1990 to 2012Spending by the government in this time period varied in relation to the GPD. In 2001 for instance, spending was 18% of the US GDP.
This increased to a massive 25% which was a quarter of GDP in 2009. The most likely reason for this was the spending by the Obama administration to pull the U.S. from the 2008 recession.
In conclusion, option C is correct.
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Oriole Company purchased a depreciable asset for $611000 on January 1, 2018. The estimated salvage value is $53000, and the estimated useful life is 9 years. The straight-line method is used for depreciation. In 2021, Oriole changed its estimates to a total useful life of 5 years with a salvage value of $95000. What is 2021 depreciation expense
Answer:
Annual depreciation= $165,000
Explanation:
First, we need to calculate the accumulated depreciation at 2021:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (611,000 - 53,000) / 9
Annual depreciation= $62,000
Accumulated depreciation= 62,000*3= $186,000
Now, the depreciation for 2021:
Depreciable price= (611,000 - 186,000) - 95,000= $330,000
Remaining life= 5 - 3= 2 years
Annual depreciation= 330,000 / 2
Annual depreciation= $165,000
Which of the following matters would an auditor most likely communicate to those charged with governance?
a. The effects of significant accounting policies adopted by management in emerging areas for which there is no authoritative guidance.
b. Difficulties encountered in achieving a satisfactory response rate from the entity's customers in confirming accounts receivables.
c. A list of negative trends that may lead to working capital deficiencies and adverse financial ratios.
d. The level of responsibility assumed by management for the preparation of the financial statements.
Answer:
C. The effects of significant accounting policies adopted by management in emerging areas for which no authoritative guidance exists.
Explanation:
Financial auditors are ones that are involved in reviewing of financial statements as well documents or data of a company or organization. Information is gathered from financial reporting systems, balance sheet and other data's of the company. It should be noted that an auditor would most likely communicate the effects of significant accounting policies adopted by management in emerging areas for which no authoritative guidance exists
to those charged with governance
How do repetitions look in Full Verbatim?
Answer:
D
Explanation:
Its word for word exactly the same.
The repetitions are viewed in Full Verbatim as follows:
B). I sang- I sang a song.
'Full Verbatim' is characterized as the 'transcript that involves all the words or utterances used by the speaker in the same manner as it was spoken by him/her.' It doesn't involve any kind of omission or editing and consists of filler words, repetition, false starts, grammatical errors, etc.In the case of repetition, the full verbatim includes this as well using a hyphen(-) followed by the first phrase and space between the repeated phrase or sentence as mentioned above.Thus, option B is the correct answer.
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From a business perspective, ___________ taxes are analogous to the personal property taxes paid by individuals.
a. sales
b. real estate
c. inventory
d. corporate franchising
Answer:
c. inventory
Explanation:
As per the business perspective, the inventory taxes should be analogous for the personal property taxes that paid by the individuals as the inventory taxes is involved in the business property tax i.e. tangible as well as personal
Therefore as per the given options, the option c is correct
And, the other options are incorrect
What does the communication technique "slow down and be patient" mean
Answer:
Slow your speech so the person has time to think about each word you say.
Explanation:
These are the options for the question
Avoid looking at your watch when giving care. Slow your speech so the person has time to think about each word you say. Slow your body movements and wait as long as it takes for the person with dementia to respond.
Communication technique are ways of passing information from one person to another, the communication technique "slow down and be patient" symbolized that when you are making a speech, you need to Slow your speech so the person has time to think about each word you say, and a he/she will be able to give the necessary response or act accordingly to the speech.
Perdue Company has purchased equipment that requires annual payments of $30,000 to be paid at the end of each of the next 6 years. The appropriate discount rate is 12%. What amount will be used to record the equipment?a. $165,772b. $180,000c. $115,650d. $123,342
The answer will be $123,342
An asset (not an automobile) put in service in June 2019 has a depreciable basis of $2,065,000, a recovery period of 5 years, and is the only asset placed in service this year. Assuming bonus depreciation is used, a half-year convention, and the expensing election is not made, what is the maximum amount of cost that can be deducted in 2019?
a. $411,000
b. $1,427,000
c. $2,065,000
d. $1,411,000
e. None of these choices are correct.
Answer:
c. $2,065,000
Explanation:
Under the depreciation bonus election, 100% of the deduction is allowed thus the amount of cost that can be deducted in 2019 is the total Depreciable base of $2,065,000.
Lester is concerned about a stock in his portfolio because the dividend he just received exceeded the company's earnings per share for the same period.
What financial metric is Lester analyzing?
a.) Dividend per share
b.) Payout ratio
c.) Dividend yield
d.) Dividend cover
Answer:
D
Explanation:
The dividend payout ratio is the ratio of dividends paid to shareholders in proportion to net income
Payout ratio = dividends / net income
Dividend per share is the amount paid to shareholders for each share owned.
Dividend yield = earning per share / price per share
Dividend cover = net income / dividends per share
Answer:
Payout Ratio
Explanation:
Payout ratio is calculated by dividing the company’s dividend by the earnings per share. A payout ratio greater than 1 means the company is paying out more in dividends for the year than it earned, while a low payout ratio indicates that the company is retaining a greater proportion of their earnings instead of paying out dividends.
which option is best described as a complementary good for computer hard drives?
Answer: Computer monitor
Explanation:
A complementary good is a good that's used together with another good. A good example of a complementary good is a car and petrol since they are used together.
A complementary good for computer hard drives would be the computer monitor. The monitor simply looks like a television and it helps in showing the information which is being displayed.
Answer:
Computer Monitors
Explanation:
Which of the following kinds of agreements between two or more countries would be an example of a deep integration measure?
a. An agreement to impose the same limits on cartels and monopolies.
b. An agreement to unify customs forms in order to speed up cross-border traffic .
c. An agreement to reduce exports.
d. An agreement to reduce tariffs and quotas
Answer:
a. An agreement to impose the same limits on cartels and monopolies
Explanation:
Deep Integration may be defined as a trade agreement between two or more countries. It consists of rules on the various tariffs and also the restrictions on the non-tariff trade. It provides investor rights, competition policy, product standards and many more. It requires cooperation with the other national governments or the international bodies.
An agreement to impose same limits on the cartels and monopolies in an example of a deep integration measure between two or more countries.
Company ABC just paid an annual dividend of $3.55 on its common stock. The firm increases its dividend by 3.55 percent annually. What is the company's cost of equity if the current stock price is $43.24 per share?
Answer:
8.5%
Explanation:
Company ABC just paid an annual dividend of $3.55
The firm increases its dividend by 3.55 percent annually
The current stock price is $43.24
Therefore the company cost of equity can be calculated as follows
= 3.55 × (1+3.55/100)/43.24+3.55/100
= 3.55 × 1+0.0355/43.24+0.0355
= 3.55 × 1.0355/43.2755
= 3.6760/43.2755
= 0.085× 100
= 8.5%
Hence the company cost of equity is 8.5%
3. Ali invested two stocks, A and B. he invested
Stock A $4000 of the value of the portfolio and stock B invested $6000. The expected returns over the next 6 years, 2020-2025, for each of
these stocks are shown in the following table.
Expected returns
Stock A
10%
11
11
17
13
10
Stock B
10%
18
11
13
12
17
Year
2020
2021
2022
2023
2024
2025
N all
A. Calculate the weight, Wp, for each of the
6 years.
B. Compute the expected value of portfolio
returns over the 6-year period.
C. Calculate the standard deviation of expected portfolio returns over the 6-year
period
Answer:
10%
Explanation:
Last year Ace charged $2,056,000 Depreciation on the Income Statement of Andrews. If early this year Ace sold all its depreicable assets for their book value, the effect on Andrews's financial statements would be (all other items remaining equal):_________
a. Increase Net Cash from operations
b. Decrease Net Cash from operations on the Cash Flow Statement
c. No impact on Net Cash from operations
d. Just impact the Balance Sheet
Answer: d. Just impact the Balance Sheet
Explanation:
The sale of the assets would impact the balance sheet because it would reduce the amount of fixed assets that the company records as assets which means that assets as a whole will be reduced.
The Cashflow statement will also be affected because cash would come in from the sales but this will be reflected in the investing activities not the operating activities.
The ratio (Price Level in Earlier Time) / (Price Level Today) would be used to:_________
a. find the percentage of substitution bias.
b. convert an earlier price to today's price, adjusting for inflation.
c. convert the consumer price index (CPI) to the gross domestic product (GDP) deflator.
d. convert today's price to an earlier price, adjusting for inflation.
e. find the percentage of the quality change bias.
Answer:
Option d (convert.................inflation) is the correct approach.
Explanation:
The proportion [tex]\frac{(Price\ level \ of \ earlier \ times)}{(Price \ level \ of \ today)}[/tex] would have been utilized to incorporate or transform today's moment to something like an earlier market value, making adjustments rising prices. As well as the rate of return [tex]\frac{(Today's \ price)}{(Earlier \ price)}[/tex] will indeed transfer the previous price to current prices, modifying inflation.Some other preferences really aren't comparable to the scenario in question. So the above obvious response is the correct one.
Arthur has found that age, gender, and eye color are associated with one consumer habit, and that shoe size, belt size, and gender are associated with another. These two sets of associated factors are examples of .:______
Answer:
Data clusters
Explanation:
Clustering is when one groups data into classes s that objects within a group has high similarity that is in comparison to another, but are very dissimilar to objects in other clusters."
Cluster is known to be collection of data objects that are similar to each other
Superior Micro Products uses the weighted-average method in its process costing system. During January, the Delta Assembly Department completed its processing of 26,100 units and transferred them to the next department. The cost of beginning work in process inventory and the costs added during January amounted to $720,752 in total. The ending work in process inventory in January consisted of 2,600 units, which were 80% complete with respect to materials and 60% complete with respect to labor and overhead. The costs per equivalent unit for the month were as follows:
Materials Labor Overhead
Cost per equivalent unit $ 13.70 $4.70 $ 7.40
Required:
1. Compute the equivalent units of materials, labor, and overhead in the ending work in process inventory for the month.
2. Compute the cost of ending work in process inventory for materials, labor, overhead, and in total for January.
3. Compute the cost of the units transferred to the next department for materials, labor, overhead, and in total for January.
4. Prepare a cost reconciliation for January. (Note: You will not be able to break the cost to be accounted for into the cost of beginning work in process inventory and costs added during the month.)
Answer:
Equivalent units of materials, labor, and overhead
Materials
Units in Ending Work in Progress (2,600 × 80%) = 2,080
Labor
Units in Ending Work in Progress (2,600 × 60%) = 1,560
Overhead
Units in Ending Work in Progress (2,600 × 60%) = 1,560
Cost of ending work in process inventory for materials, labor, overhead
Materials
Cost = Equivalent units × unit cost
= 2,080 × $ 13.70
= $28,496
Labor
Cost = Equivalent units × unit cost
= 1,560 × $4.70
= $7,332
Overheads
Cost = Equivalent units × unit cost
= 1,560 × $ 7.40
= $11,544
Cost of the units transferred to the next department
Materials = $28,496
Labour = $7,332
Overheads = $11,544
Total = $47,372
Cost reconciliation for January
INPUTS
Beginning Cost + Cost Added $720,752
Total $720,752
OUTPUT
Ending Work in Process $47,372
Completed and Transferred ( 26,100 × 25.80) $673,380
Total $720,752
for each unit, $3,000 of direct material is used and there is $2,000 of direct manufacturing labor at $20 per hour. manufacturing overhead is applied at $25 per direct manufacturing labor hour. calculate the profit earned on 50 units
Answer:
$10
Explanation:
Per the above information, we need to find out the labor hours consumed by each unit
Manufacturing labor hour per unit = $2,000 ÷ $20 per hour = $100 per unit
The manufacturing overheads per unit = $100 per hour × 25
= $2,500 per unit
The cost per unit of each printer is
Direct material $3,000
Direct labor $2,000
Manufacturing overhead $2,500
Total cost per unit $7,500
g has an expected return objective of 11%. To meet this client's return objective, William can create a portfolio with the weight of the market portfolio of:
Answer: c. 62.5%
Explanation:
I could not find a question with your exact figures but I found a similar one that can be used for reference.
Expected return is a weighted average of the expected returns of the constituent assets.
To bring about a return of 8%, William will have to allocate more money to the market portfolio because the risk free asset has a return of only 4%.
Assume therefore that(from the options) 62.5% went to the market portfolio and the rest went to the risk free asset.
Expected return is;
= (62.5% * 12%) + ( (1 - 62.5%) * 4%)
= 9%
The appropriate weight for the market portfolio is therefore 62.5%.
Kuzu Company discovers in 2019 that its ending inventory at December 31, 2018, was $7,000 understated. What effect will this error have on (a) 2018 net income (b) 2019 net income (c) the combined net income for the 2 years
Answer:
Kuzu Company
Effect of understatement of ending inventory at December 31, 2018 by $7,000:
a) 2018 net income was understated by $7,000. It should increase by $7,000
b) 2019 net income was overstated by $7,000. It should reduce by $7,000.
c) the combined net income for the 2 years: No effect.
Explanation:
When Kuzu's ending inventory at December 31, 2018 was understated, it implies that its net income was also understated by $7,000. This ending inventory becomes the beginning inventory for 2018. The understatement of the previous year's ending inventory (and net income) will become overstatement of the current year's net income. However, when the two years are combined, the net income will not be affected as one understatement cancels the other overstatement.
A company purchased treasury stock for $20,800. The treasury stock was initially issued for $16,500 and had a $6,800 par value. Which of the following statements correctly describes the effects of the treasury stock purchase?A. Stockholders' equity increases $16,500.B. Net income decreases by $9,700.C. Stockholders' equity decreases $20,800.D. Net income increases by $9,700.
Answer:
The statement that correctly describes the effects of the treasury stock purchase by the company is:
C. Stockholders' equity decreases $20,800.
Explanation:
A treasury stock purchase decreases stockholders' equity because a treasury stock represents a contra account to the stockholders' equity. When the value of the treasury stock is increased through a purchase, the treasury stock account increases while the common stockholders' equity decreases by the amount paid for the purchase.
Cindy sold her interest in a partnership for $20,000 cash when her outside basis was $5,000. She was relieved of her $25,000 share of partnership liabilities. What is Cindy's realized value from the sale of her partnership interest?
Answer:
$40,000
Explanation:
Cindy sold her interest in a partnership business for $20,000
Her outside basis is $5,000
She was relieved of $25,000 partnership shares
Therefore her realized value from the sale of her partnership interest can be calculated as follows
=>$20,000 + $25,000 - $5,000
=>$45,000 - $5,000
= $40,000
Hence her realised value is $40,000
Juan bought 14 chicken wings for $22.40. If Juan spent $12.80, how many chicken wings did he buy?
Answer: 8
Explanation:
Your company had a contract to renovate a large auditorium of a multinational company for $650,000. There is a flexible due date to complete the renovation. Which type of contract to sign in this case
Answer:
the options are missing:
a) Cost-plus Fee b) Time and Material c) Fixed Price d) Fixed cost-plus profitthe answer is: c) Fixed Price
Explanation:
Cost-plus Fee contract involves a contractor being paid its building costs plus a certain fee or profit. Doesn't apply here because the price if fixed.
Time and Material
s contract are similar to cost-plus fee since the contractor is paid for labor and materials costs plus a margin during the time required to finish the construction.
Fixed cost-plus profit contract includes a bonus for good performance, which generally results from finishing early.
Compute the most profitable sales mix for the company. 2. Determine the month's total contribution margin for the most profitable sales mix. (Leave no cells blank - be certain to enter "0" wherever required.)
Answer:
Note: The full question is attached as picture below
Acoustic Electric Total
(a) Hours dedicated to each product 262 90
Units produced for most profitable mix 131 30
(b) Contribution Margin per unit $130 $180
Total Contribution Margin - two shifts $17,030 $5,400 $22,430
Total Contribution Margin - one shift $11,440
Incremental Revenue $10,990
Incremental Expense $9,000
Total Incremental Income $1,990
Conclusion: Yes, the company should add another shift
Acoustic Electric Total
Sales Price $225 $300
Variable Cost $95 $120
Contribution Margin per unit $130 $180
Machine hours per unit 2 3
Contribution Margin per machine hour $65 $60
Maximum Demand 131 65
Hours Required 262 195
Hours Used 176
Contribution Margin (One Shift) $11,440 - $11,440
According to the insurance institute for highway safety injuries the most common injury in the US due to front or rear crashes cost more than __________ billion dollars a year.
Answer:
6
Explanation:
The Insurance Institute for Highway Safety (IIHS) is known to be an independent body or organization. It is a nonprofit scientific and educational organization solely aimed to reducuction of the losses and deaths, injuries and property damage as a result from motor vehicle crashes. In US, due to front or rear crashes cost more than 6 billion dollars a year is being spent on injury.
The Stinson family owns a farm. Three alternatives exist for how to use the farm: a) Grow wheat. Wheat yield would be 70 bu/acre. The price of wheat is $3.50/bu and production expenses are $140/acre b) Grow Barley. Barley yield would be 50 bu/acre. The price of barley is $2.50/bu and production expenses are $150/acre c) Lease out the acres. the Neighbor will bay $80/acre but they will still have expenses of $35/acre.
Answer:
Following are the solution to the given questions:
Explanation:
Please find the complete question in the attached file.
In this question, the Stinsons would prefer the most profitable alternative
Formula:
[tex]Profit = Income - Costs = (price \times amount) - Costs \ of \ production[/tex]
In point A:
[tex]\to Profit = (70 \times \$3.5) - \$140[/tex]
[tex]= \$245 - \$140\\\\ = \$105 \ / \ acre[/tex]
In point B:
[tex]\to Profit = (50 \times \$2.5) - \$150[/tex]
[tex]= \$125 - \$150\\\\ = - \$25 \ / \ acre \ (Loss)[/tex]
In point C:
[tex]\to Profit = \$80 - \$35=\$45 \ / \ acre[/tex]