The government spends $30 billion more on education. The total increase in spending is 166.8 billion dollars.
The idea that personal consumer spending rises in tandem with an increase in disposable income is measured by the marginal propensity to consume (MPC).
Expansion in absolute spending = use multiplier × expansion in schooling spending
Education spending increment =30 billion
Multiplier =1/1- marginal propensity to consume
=1/1-0.82
=1/0.18
=5.5555
=5.56(approx)
Total spending increased = 5.56 × 30 billion
=166.8 billion
Marginal Propensity to Consume goes up when consumption takes up more of the added income than it does when it takes less. Simply put, a person spends more money and saves less. Regularly, lower pay levels produce a higher MPC than higher pay levels.
MPC measures this relationship to determine the amount of increased spending for each additional dollar of income. It is significant on the grounds that it changes at various pay levels and is the most reduced for higher-pay families.
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Most people who are financially success ful have a _____for their
work.
Most people who are financially successful have a passion for their work.
People who are passionate about what they do are more inclined to do it well and to keep getting better. Greater productivity, creativity, and innovation may result from this, and ultimately, successful business operations may follow.
Successful people financially are always learning and studying. Your earning potential is based on your abilities and skills. It is crucial to pick a career you are passionate about in order to work at it with drive. Although your career path is crucial, it is your passion that will help you succeed.
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Answer for lab Plato
* Who is the teen entrepreneur? Young people the age of 13 to 18.
* What makes this business successful? Useful for the community, solves their problems.
* How did the teens prepare for entrepreneurship?looked for solutions for people, requirements to start a business, get financially help from family etc.
* Where did they get startup money? Selling s service to get paid, Crowdsourcing through Kickstarter could be an option, while parents and friends might help, too.
* What was the motivation for starting a business? To overall help their community.
The teen entrepreneur are young people the age of 13 to 18.
This business is successful because it is useful for the community, solves their problems.
What are the responses to other questions?* The teens prepare for entrepreneurship by looking for solutions for people, requirements to start a business, get financially help from family etc.
* They got startup money from selling service to get paid, Crowdsourcing through Kickstarter could be an option, while parents and friends might help, too.
* The motivation for starting a business was too overall help their community.
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It is January 2nd and senior management of Chester meets to determine their investment plan for the year. They decide to fully fund a plant and equipment purchase by issuing 75,000 shares of stock plus a new bond issue. Assume the stock can be issued at yesterday's stock price ($38.45) and leverage changes to 2.7. Which of the following statements are true? Select all that apply.
A. total investment for Chester will be $207,586,970
B. Total liabilities will be $120,024,454
C. Chester will issue stock totaling $2,883,750
D. Working capital will remain the same at $16,588,390
E. Total Assets will rise to $220,846,541
F. Equity will be $84,678,765
Based on the information you provided, Chester’s senior management decided to fully fund a plant and equipment purchase by issuing 75,000 shares of stock plus a new bond issue. Assuming the stock can be issued at yesterday’s stock price ($38.45) and leverage changes to 2.7, we can calculate the following:
A. Total investment for Chester will be $217,192,866 B. Total liabilities will be $120,024,454 C. Chester will issue stock totaling $2,883,750 D. Working capital will remain the same at $16,588,390 E. Total Assets will rise to $235,535,291 F. Equity will be $97,511,437.
The term "stock" (sometimes known as "capital stock") is used in finance to describe all of the shares that comprise an entity's ownership. Particularly in American English, the word "stocks" is frequently used to refer to shares. Based on the overall number of shares, each share of stock represents a minuscule portion of the company's ownership.
The shareholder (stockholder) usually has a right to that portion of the company's revenues, proceeds from the sale of assets, or voting power after all senior claims, such as secured and unsecured debt, have been met. These rights are frequently distributed in accordance with the capital contributions made by each stakeholder.
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Aunt Sally’s “New Orleans Most Famous Pralines” sells pralines costing $1.06 each to make. If Aunt Sally’s wants a 35% markup based on selling price and produces 45 pralines with an anticipated 20% spoilage, what should each praline be sold for? (Round your answer to the nearest cent.)
Selling price $
Each praline should be sold for $1.95.
Here's how you can calculate it:
- The cost to make each praline is $1.06.
- The markup based on selling price is 35%, which means the selling price is 135% of the cost.
- Let x be the selling price per praline.
- We can use the formula: Selling price = Cost / (1 - Markup) to find the selling price.
- Substituting the values, we get: x = 1.06 / (1 - 0.35) = 1.63.
- However, we need to take into account the anticipated 20% spoilage, which means we need to sell more pralines to make up for the ones that are spoiled.
- The total number of pralines needed is: 45 / (1 - 0.20) = 56.25, which we can round up to 57.
- Therefore, the selling price per praline should be: $1.63 * 1.35 = $2.20.
- Rounding this to the nearest cent, we get: $2.20 rounded to the nearest cent is $2.19, which is not correct since it is less than the cost of making each praline.
- We need to adjust the selling price to ensure that we make a profit. We can increase the selling price by $0.01 until we reach a price that is greater than the cost of making each praline.
- Increasing the selling price by $0.01, we get: $2.21, which is still less than the cost of making each praline.
- Increasing the selling price by $0.01 again, we get: $2.22, which is greater than the cost of making each praline.
- Therefore, each praline should be sold for $2.22 rounded to the nearest cent, which is $2.21.
What is your main takeaway from playing Spent?
The game Spent aims to raise players' awareness of the damaging consequences that poverty and homelessness have on the contemporary economy.
Who spent play, and how?It was made by the advertising company McKinney on behalf of their nonprofit client Urban Ministries of Durham (UMD), a charity that helps the underprivileged and is headquartered in Durham, North Carolina. PlaySpent Improves Our Understanding of Poverty's Economics
How does the game SPENT operate?The participants are advised to think of themselves as having lost their job and almost all of their money. They are down to their last $1,000 and must survive the month while also coping with unanticipated charges like vehicle maintenance and medical bills. This is in addition to paying rent and buying groceries.
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How does your personal core competencies help you create value for the business where you work, or your life? What can you do to expand or improve your core competencies?
A corporation can better deploy its resources by using its core capabilities. For instance, if a business does not care to turn particular duties into company strengths, outsourcing may make sense.
A company's competitive edge in the market is derived from its core capabilities, which set it apart from its rivals. Instead of physical or monetary assets, a company's set of abilities or knowledge in a particular field is typically referred to as its core competency.
Employees must possess certain competencies in order to perform their tasks effectively. A competent worker is more effective and improves the working environment.
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what is persecution?
A: Extreme aggression
B: Light-Hearted teasing of a person
C: Extreme rudeness
D: Unfair behavior
E: Extreme violence
Answer:
A. extreme aggression
Explanation:
Suppose that Chickasaws articles of incorporation failed to describe the corporation's purpose or management structure, as required by state law. Would the court be likely to rule that Sharp is personally liable to Dancause on that basis? Why or why not?
The court may hold Sharp personally liable to Dancause if Chickasaws articles of incorporation did not comply with state law, but the decision would depend on the specific circumstances of the case.
It is possible that the court may rule Sharp personally liable to Dancause if Chickasaws articles of incorporation failed to describe the corporation's purpose or management structure, as required by state law, as it could be viewed as a failure to properly form and operate the corporation as a separate legal entity, potentially exposing its shareholders to personal liability. However, the court would consider all relevant facts and circumstances surrounding the situation before making a final determination.
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Adama Garment which is operating in Adama currently has opened four new stores in Ethiopia. Data on monthly sales volume and labor hours are given below for each town. Which store location has the highest labor productivity? Continued 4. Take a case of one company or the company in which you are working, and then: Identify the outputs and inputs of the company Estimate yearly outputs and inputs identified either in value or volume Calculate single, multiple, and total factor productivity
Output divided by input is productivity. Calculate each store's labor productivity: The highest is 200 birr per work hour in Bale-Robe. We should anticipate a speculative company that creates technology.
The company's feedback data points may include labor hours, raw materials, and energy expenditures, and its outcomes may be calculated based on the number of products produced or the revenue generated from sales.
We would need to gather data on the organization's activities, such as the number of hours spent, the cost of unpolished components, and the absolute deal revenue, in order to evaluate annual sources of information and results.
The organization's single-factor efficiency (SFP) can then be calculated by dividing the outcome by a single piece of information, such as work hours or raw components.
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Identify which macro-environmental variables triggered the creation of McDonald's new business strategies.
Answer:more fries are being poidioned with poisin
Explanation:
Production data for Joe's Pizza Parlor are as follows. For simplicity assume that labor is the only input. Each pizza sells for $5. Number of Workers Pizzas Baked Per Day 0 0 1 10 2 19 3 27 4 34 5 40 How many workers will Joe hire if he must pay each one $18 a day?
The number of workers that Joe will hire if he is supposed to pay every worker $35 per day would be: 2 workers
How to Find the number of workersGiven that,
No. of workers Pizzas baked every day
0 0
1 12
2 18
3 24
4 30
5 32
Price of pizza
given that the wage of one worker each day = $ 35
If we calculate,
Total revenue for different no. of workers = 0 60 90 120 150 160
Marginal revenue for varied no. of workers = 0 60 30 30 30 10
Marginal cost of labor = 0 35 70 105 140 175
Profit 0 25 20 15 10 -15
In order to get pay each labor $35 a day, Joe must hire 2 workers.
Thus, 2 workers are the correct answer.
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A2 A3 A4. Directors' remuneration of Shoprite Holdings Ltd: 2022 Executive Directors: R70 million Non-Executive Directors: R20 million Explain why the Executive Directors earn more than the Non-executive Directors What expertise and characteristics should directors have or possess in companies like Spar and Shoprite? Explain THREE each. The Remunerations Committee According to the Companies Act, 2008 (Act 71 of 2008), a company must have a Remunerations Committee Explain the role/responsibility of this committee and give a reason why this committee is necessary A5 in the light of your answer in 3 above, why are directors fees not included as part of Salaries and wages in the Statement of Comprehensive income?
Executive Directors typically earn more than Non-executive Directors because they are responsible for the day-to-day management of the company and are accountable for its performance.
They are also required to make strategic decisions that will affect the company's growth and provide a high level of knowledge and experience to the organization.
Directors in organizations like Shoprite and Spar should have the following qualifications and traits:
1. Financial expertise:
In addition to having a thorough understanding of financial statements and accounting concepts, directors should also be knowledgeable about the financial markets and various investment options.
2. Industry experience:
Directors should have understanding of industry trends and best practices, as well as experience in the sector in which the company works.
3. Leadership skills:
Directors need to be capable of inspiring and motivating others to work towards the organization's objectives.
For both executive and non-executive directors of the corporation, the Remunerations Committee is in charge of deciding their compensation packages.
The committee's responsibility is to oversee the fair compensation of the company's directors for their contributions to the business, taking into account the shareholders' interests as well as the company's financial performance.
To maintain openness and responsibility in the compensation policies of the organization, this committee is essential.
Since directors' fees are not regarded as a company operational expense, they are not included in salaries and wages in the Statement of Comprehensive Income.
Instead, the Statement of Financial Position or the Notes to the Financial Statements separately itemize directors' fees as a cost.
This is due to the fact that directors' fees are more closely tied to the company's governance than they are to the regular operations of the business.
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Which of the following is a cost of charitable giving?
a provision of disaster relief by a charity
a tax incentive received from a donation to a charity
a sale of a donated good by a charity for cash
an amount of money provided in a donation to a charity
The cost of charitable giving would be the sum of money given in a donation to a charity among the alternatives. Giving items to a charity for sale or providing disaster relief may incur costs for the organisation, but the donor is not charged for these services.
In actuality, these initiatives reflect the advantages that contributors hope to obtain from their generous contributions. Option D is correct.
Similar to this, tax breaks may benefit the donor financially but do not incur a cost. Instead, they serve as a means of encouraging charitable giving by lessening the tax liability for the giver.
The amount of money the donor must forgo in order to make the donation, on the other hand, is the cost of charitable giving. Some contributors may have to make a sizable financial sacrifice because of this, especially if they are contributing a sizable portion of their salary.
The gratification of helping a worthy organisation and having a great impact on the world, however, can often outweigh the financial expense for many donors.
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How is a cryptocurrency payment different from other digital transactions?
A. It uses biometric technology.
B. It requires voice recognition.
C. It does not have real-world value.
OD. It does not require a bank.
In contrast to other digital deals, Cryptocurrency is a digital payment that don't bear a bank. It's choice D.
Digital forms of money are motorized financial norms that application cryptography to get and check exchanges in an association. also, cryptography is used to manage and control the product of these currencies.
Cryptocurrencies include Ethereum and Bitcoin, among others. Cryptocurrencies may or may not be regulated, depending on the governance. Cryptocurrencies use a decentralized system to record deals and issue new units rather than having a centralized issuing or regulating authority.
Cryptocurrencies serve as both a currency and a virtual account system because they're translated. A cryptocurrency portmanteau is demanded to use cryptocurrencies.
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Which social responsibility stance below did the business owner demonstrate?
The social responsibility stance that the business owner demonstrated was A. Proactive .
What is a proactive stance ?A proactive stance in social responsibility involves taking initiatives and actions to address social and environmental issues before they become problems or before there is pressure from stakeholders or regulatory agencies.
In this case, the business owner is taking a proactive stance by making a conscious decision to only use products that do not test on animals, even though there may not be any legal requirement or pressure from stakeholders to do so.
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The question is:
A business owner decides to only use products that do not test on animals.
Which social responsibility stance below did the business owner demonstrate?
A. Proactive
B. Defensive
C. Neutral
The source of fashion
There are several sources of fashion including ;
Historical and cultural influencesIndividual creativity and expressionWhere does inspiration for fashion come from ?Fashion is deeply entrenched in intertwining cultural and historical eras, as evident from a diversity of global traditional attires and fabrics through to periods like the Victorian-age or 1960s influencing modern fashion.
Similarly, fashion serves as an avenue of expressing an individual's distinct taste and persona; popular figures such as celebrities and those in the media often shape up trends which people adapt accordingly.
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When paying down your student loan, a good strategy to pay down the
principal is:
OA. paying less now and more later.
B. beginning payments less than six months after leaving college.
OC. paying more than the minimum payment each month.
D. making payments in monthly installments.
When paying down your student loan, a good strategy to pay down the principal is paying more than the minimum payment each month. Thus, option C is correct.
College graduates are finding it more difficult to purchase a home due to the load of student loans, and legislators are now debating solutions to the issue.
In the meantime, Americans must create a strategy for repaying their college debt since it is essential to their long-term financial stability. Your long-term financial stability depends on you creating a plan to handle your student loans. Know your debt balance and the conditions of your loan(s), evaluate the grace periods, and if it makes sense, look into consolidating your debt. As you work through your debt, pay off the loans with the highest interest rates first. You can accomplish your goals more quickly if you pay down your main balance and make automatic loan payments.
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NEED ASAP!
Which 2 leadership styles promote teamwork
Answer:
Participative and Transformational
Explanation:
An participative leader is a good leader and empowers the team members to do their best and put goals on top. So, this type of leader promotes teamwork.
A transformational leader usually decides the roles of members and ways to monitor performance so that results are delivered.
Ian is interested in purchasing bonds, but he is looking for bonds that aren’t related to the government. Which type of bonds would you suggest he purchase?
You Answered
treasury bonds
municipal bonds
Correct Answer
corporate bonds
general obligation bonds
CORRECT: corporate bonds
Corporate bonds are the best solution to the problem. This means that these bonds are being sold by a large corporation.
What exactly is a corporate bond?A corporate bond is a bond that a company issues to raise funds for a variety of purposes such as current operations, M&A, or business expansion. Longer-term debt instruments with a maturity of at least one year are typically referred to by the term. Commercial paper refers to corporate debt securities with maturities of less than one year. The term "corporate bond" is not defined precisely. The term is sometimes used to refer to all bonds other than those that governments issue in their own currencies.
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4). Compare and contrast the typologies of followership defined by Chaleff and Kellerman
Chaleff's typology, which can be seen in the "The Courageous Follower, which fous on the types of followers while Kellerman's typology, focus on how Followers can bring about change with respoect to their leaders.
What is Kellerman typology of followership?Barbara Kellerman, can be een as one that focus on the typology of followership which can be seen as one that focus on the level of engagement.
She focus on the good followers as actively supporting effective as wwell as good leaders and responding appropriately to bad leaders however Chaleff's typology, which can be seen in the "The Courageous Follower, which fous on the types of followers ..
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Icarus Airlines is proposing to go public, and you have been given the task of estimating the value of its equity. Management plans to maintain debt at 26% of the company’s present value, and you believe that at this capital structure the company’s debt holders will demand a return of 6% and stockholders will require 13%. The company is forecasting that next year’s operating cash flow (depreciation plus profit after tax at 21%) will be $64 million and that investment in plant and net working capital will be $26 million. Thereafter, operating cash flows and investment expenditures are forecast to grow in perpetuity by 4% a year. a. What is the total value of Icarus? (Do not round intermediate calculations. Enter your answer in millions rounded to the nearest whole dollar amount.)
The total value is $554.7
The company's equity is $410.5
What is a Company's Equity?Equity embodies the last remnants of a company's net assets after financial obligations have been sated. It can also assume the alternate term "shareholder's equity" due to its representation of company ownership in harmony with shareholders.
There are two valid methods of calculating equity: either by deducting liabilities from total assets or by consolidating share capital, earnings preserved, and other reserve items.
Within the domain of investors and analysts, equity holds significant value as it reveals critical insight regarding both the fiscal well-being of an establishment and its inherent potential for growth.
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4. Akua is a trader based in Techiman. She wants to buy goods from a supplier based in
Accra. Advise her on the general rules governing delivery of goods.
The vendor shall deliver the Products in accordance with the terms of the Sale Contract and the Buyer shall accept and pay for the Products.
What laws apply to the distribution of products?The delivery of the Products shall be made by the Seller in compliance with the terms of the Contract and the Applicable Sales Laws and the Buyer's payment and acceptance of the Products shall be made by the Buyer. The delivery of the goods and payment of the money are simultaneous conditions under the sales law, unless the parties expressly agree otherwise.
The items agreed to be sold are to be delivered at the place they are at the time of the agreement to sell, or, if not yet existent, at the location where they are being made or created, in the absence of any such arrangement. Likewise, the products must be brought to the spot where they were at the time of the transaction.
What do you mean by "delivery" and under what circumstances is a delivery deemed "valid"?The terms of delivery of the goods and payment of the money coexist unless otherwise stated. In other words, the seller must be ready and willing to give the buyer ownership of the products in return for the price, and the buyer must be ready and willing to pay the price in order to have the right to possess the things.
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Samsung evaluation of AIS and the flow of accounting data?
Samsung's market capitalization as of April 2023 is $331.67 billion. According to our research, this places Samsung as the 24th most valuable corporation in the world by market valuation.
What is the quality of Samsung products?
Based on international norms like ISO 9001 and IATF 16949, Samsung has the greatest QMS in the world and is always improving to satisfy client needs. Both Samsung's domestic and international production facilities have received the ISO 9001 accreditation.
Multitasking. Multitasking abilities have long been cited as the main benefit of choosing Galaxy smartphones by Samsung devotees. Users of Galaxy smartphones have a multitude of alternatives for navigating between various apps thanks to the devices' clear, large displays.
Samsung is recognised as the leader in corporate reputation according to The Reputation Institute's RepTrak100 survey. This study defines corporate reputation according to numerous criteria, including corporate social responsibility, innovation, quality in products and services, and establishing a wonderful workplace environment.
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Kindly copy and answer it on a short bond paper.
1. What are the different forces of change in the workplace? Discuss.
2 Identify the ethical theories and behavior in the workplace Differentiate each.
3. Discuss how stress, and anger can be managed. How does it affect the workplace if not properly managed?
4. Discuss the steps in developing a teamwork environment in the workplace.
5. What are the negative effects of stress in the workplace? Positive effects?
1. The different forces of change in the workplace can be broadly categorized as
external and internal factors.2. Ethical theories and behavior in the workplace can be categorized into three main types:
deontological, consequentialist, and virtue ethics. What is external force of changeExternal forces of change may include technological advancements, changes in the economy or market conditions, globalization, and changes in government regulations.
Internal forces of change may include changes in organizational structure or culture, leadership changes, and changes in employee demographics or skillsets. The forces of change can impact the workplace by creating challenges, opportunities, and uncertainties that require organizations and employees to adapt and evolve.
3. Stress and anger can be managed through various techniques, such as mindfulness, exercise, and communication.
Mindfulness techniques, such as meditation and deep breathing, can help individuals manage their emotions and reduce stress.
Exercise can also help reduce stress and promote overall physical and mental health.
Effective communication can help individuals express their feelings and address issues that may be causing stress or anger. If not properly managed, stress and anger can have negative impacts on the workplace, such as decreased productivity, increased absenteeism, and reduced job satisfaction.
4. Developing a teamwork environment in the workplace requires several steps, including
setting clear goals and expectations,
building trust and communication, and
fostering a culture of collaboration and cooperation.
Clear goals and expectations help team members understand their roles and responsibilities and work towards a common objective. Building trust and communication involves encouraging open and honest communication, active listening, and respect for diverse opinions and perspectives. Fostering a culture of collaboration and cooperation involves recognizing and rewarding teamwork and encouraging a sense of belonging and community among team members.
5. Negative effects of stress in the workplace can include
decreased productivity,
increased absenteeism, and
reduced job satisfaction.
positive effects on the workplace, such as
increased motivation,
creativity, and
resilience.
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A project has an initial cost of $45,000. The incremental inflows associated with the project are $20,000 in year 1, $15,000 in year 2, $10,000 in year 3 and $8,000 in year 4. All cash inflows are at the end of the year. The appropriate discount rate for this project is 8.0%.
What is the project’s modified internal rate of return? Calculate to two decimal places.
a. 3.52%
b. 7.60%
c. 5.35%
d. 8.12%
Answer:
(b) 7.60%.
Explanation:
The project’s modified internal rate of return can be calculated using trial and error or by using financial software. Here's the solution using trial and error:
We can start by assuming a rate and calculating the present value of the incremental inflows. The present value of the inflows is calculated as follows:
PV = $20,000/(1+0.08)^1 + $15,000/(1+0.08)^2 + $10,000/(1+0.08)^3 + $8,000/(1+0.08)^4
PV = $49,915.41
If we assume a discount rate of 8.0%, the present value of the incremental inflows is $49,915.41.
Next, we can calculate the net present value (NPV) of the project using the assumed rate:
NPV = -$100,000 + $49,915.41
NPV = -$50,084.59
Since the NPV is negative, the assumed rate is too high. We can try a lower rate to see if the NPV becomes positive. Using the same process, we can calculate the NPV for different rates and find the rate that makes the NPV closest to zero. After some calculation, the modified internal rate of return (MIRR) is approximately 7.60%.
Therefore, the answer is (b) 7.60%.
Question 2 (15 Marks) King IV report on governance has elevated the prominence and importance of ethics to unprecedented heights. Provide a high-level analysis on how the adoption of the three ethics principle of the King IV code could have assisted Tongaat Hulett.
The code's guiding tenets are corporate citizenship, sustainability, and leadership. It holds that effective administration rests on morally upright leadership.
The King IV Code of Governance is governed by what rules?The necessary balance of expertise, skills, experience, diversity, and independence must exist for the governing body to effectively and honestly carry out its governance functions and obligations.
According to King IV, the Social & Ethical Committee is in charge of keeping tabs on issues like stakeholder engagement, corporate responsibility, organization ethics, and sustainability and reporting on them.
Are King IV's ideals still applicable today?Nonetheless, King IV's demand that they effectively defend their decisions forces governing bodies to show that they have paid some regard to the principle's purpose. By just obeying commands, which is considered automatic compliance, they are no longer able to disguise their identities.
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Question 3 (1 point)
Betty has a degree in wildlife conservation. She is passionate about preserving
habitats for endangered animals. What kind of company might want to hire Betty?
a farm in need of a dairy manager
a bald eagle sanctuary looking for a ranger
a pesticide company in need of a marketing person
a local food truck looking for a chef
Betty's degree in wildlife conservation and passion for preserving habitats for endangered animals make her a great fit for companies and organizations that focus on environmental conservation. A farm in need of a dairy manager or a local food truck looking for a chef may not necessarily be the best fit for Betty's skill set and interests. hence the correct option B) bald eagle sanctuary looking for a ranger.
Betty's degree in wildlife conservation makes her highly qualified for roles that involve working with endangered species, researching wildlife populations, and identifying solutions to protect and conserve habitats. As such, organizations that work to protect and preserve habitats for wildlife, including national parks and conservation areas, environmental advocacy groups, and research institutions, may be interested in hiring Betty. Additionally, companies that specialize in sustainable agriculture or eco-friendly practices may also be interested in hiring Betty, given her expertise in wildlife conservation. Overall, Betty's degree in wildlife conservation and passion for preserving habitats for endangered animals make her a great fit for companies and organizations that prioritize environmental conservation. Her knowledge, skills, and passion make her an asset to any organization that is working towards protecting the environment and preserving habitats for future generations. Therefore the correct answer is option B) bald eagle sanctuary looking for a ranger
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_______ is the thickness of a character’s outline.
Explanation:
it's called character width. hope this help ss
Whitley Construction Company is in the home remodeling business. Whitley has three teams of highly skilled employees, each of whom has multiple skills involving carpentry, painting, and other home remodeling activities. Each team is led by an experienced employee who coordinates the work done on each job. As the needs of different jobs change, some team members may be shifted to other teams for short periods of time. Whitley uses a job costing system to determine job costs and to serve as a basis for bidding and pricing the jobs. Direct materials and direct labor are easily traced to each job using Whitley’s cost tracking software. Overhead consists of the purchase and maintenance of construction equipment, some supervisory labor, the cost of bidding for new customers, and administrative costs. Whitley uses an annual overhead rate based on direct labor hours.
Whitley has recently completed work for three clients: Harrison, Barnes, and Tyler. The cost data for each of the three jobs are summarized below:
Job Direct Materials Direct Labor Hours Direct Labor Cost
Harrison $ 6,753 45 $ 15,367
Barnes 13,229 88 22,184
Tyler 42,338 133 49,654
Budgeted direct materials cost and direct labor cost for the year are estimated at $450,000 and $600,000, respectively. Direct labor hours are budgeted at 22,500 hours, and total overhead is budgeted at $495,000.
Required:
1. Calculate the total cost of each of the three jobs.
2. Suppose that for the entire year, Whitley used 23,800 labor hours and total actual overhead was $525,000. What is the amount of underapplied or overapplied overhead?
The total cost of the three jobs for Whitley Construction Company has been calculated as follows: Harrison - $7,995, Barnes - $16,985, and Tyler - $56,803. In addition, based on actual overhead of $525,000 and actual direct labor hours of 23,800, the amount of overapplied overhead for the year is $1,400.
The total cost of each job is calculated as follows:
Harrison: Direct Materials + Direct Labor Cost + (Direct Labor Hours x Overhead Rate)
= $6,753 + $15,367 + (45 x Overhead Rate)
Barnes: Direct Materials + Direct Labor Cost + (Direct Labor Hours x Overhead Rate)
= $13,229 + $22,184 + (88 x Overhead Rate)
Tyler: Direct Materials + Direct Labor Cost + (Direct Labor Hours x Overhead Rate)
= $42,338 + $49,654 + (133 x Overhead Rate)
Using the annual overhead rate based on direct labor hours, we can calculate the overhead rate as follows:
Annual overhead rate = Total overhead / Total budgeted direct labor hours
= $495,000 / 22,500 hours
= $22 per direct labor hour
Therefore, the total cost of each job is:
Harrison: $6,753 + $15,367 + (45 x $22) = $7,995
Barnes: $13,229 + $22,184 + (88 x $22) = $16,985
Tyler: $42,338 + $49,654 + (133 x $22) = $56,803
The amount of underapplied or overapplied overhead can be calculated using the following formula:
Actual Overhead - Applied Overhead
To calculate the applied overhead, we use the annual overhead rate based on direct labor hours to multiply the actual direct labor hours used for the year:
Applied Overhead = Annual Overhead Rate x Actual Direct Labor Hours
= $22 x 23,800 hours
= $523,600
Therefore, the amount of underapplied or overapplied overhead is:
Actual Overhead - Applied Overhead
= $525,000 - $523,600
= $1,400 overapplied overhead.
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1- The Net Operating Profit after Taxes (NOPAT) using the bottom-up method is provided by:
a. operating income minus tax benefit minus taxes as reported
b. operating income plus tax benefit minus taxes as reported
c. net income plus net financial expenses minus tax benefit
The bottom-up method yields the Net Operating Profit after Taxes (NOPAT) as follows: a. the reported operating income minus the tax benefit minus the taxes .
What Is the Net Operating Profit After Tax?A financial metric known as net operating profit after taxes (NOPAT) depicts a company's core operations, net of taxes, performance. NOPAT is a more accurate measurement of operating efficiency for leveraged businesses and is frequently used in economic value added (EVA) calculations. The tax savings that numerous businesses obtain as a result of existing debt are not included in NOPAT. A company's potential cash earnings if its capitalization were unleveraged, or devoid of debt, are referred to as its net operating profit after taxes (NOPAT). There are no one-time expenses or losses included in the figure; These do not accurately reflect an organization's profitability. Even though they may have an impact on the company's bottom line that year, charges arising from a merger or acquisition may not always provide an accurate picture of the business's operations.
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