Amazing organization is a fictitious company. Amazing.org
generates revenue from three main business lines: (1) online store
sales, (2) fees for services and memberships, and (3) its Amazing
Web Servi

Answers

Answer 1

Amazing.org generates revenue from three main business lines: online store sales, fees for services and memberships, and its Amazing Web Services. The online store sales refer to the revenue generated from the sales of products on the company's website.

Fees for services and memberships include charges for any services provided by the company and fees for individuals who are subscribed to memberships. Lastly, Amazing Web Services generate revenue by offering web-related services such as web hosting, domain registration, and website development. These three revenue streams contribute to the overall financial success of Amazing.org.

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Related Questions

Effects of a tariff on international trade The following graph shows the domestic supply of and demand for oranges in Guatemala, Guatemala is open to international trade of oranges without any restrictions. The world price (Pw) of oranges is $760 per ton and is represented by the horizontal black line. Throughout this problem, assume that the amount demanded by any one country does not affect the world price of oranges and that there are no transportation or transaction costs associated with international trade in oranges. Also, assume that domestic suppliers will satisfy domestic demand as much as possible before any exporting or importing takes place. Use the graph input tool to help you answer the following questions. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. Graph Input Tool Market for Oranges in Guatemala Supply 1,090 Price (Dollars per ton) Domestic Demand (Thousands of tons of oranges) 150 Domestic Supply (Thousands of tons of oranges) 350 PRICE (Dollars per ton) bemand 0 50 100 150 200 250 300 350 400 450 500 QUANTITY (Thousands of tons of oranges)
tons of oranges. (Note: Be sure to enter If Guatemala is open to international trade of oranges without any restrictions, it will import the full value for your answer, accounting for the horizontal axis units.) per Suppose the Guatemalan government wants to reduce imports to exactly 100,000 tons of oranges to help domestic producers. A tariff of $ ton will achieve this. A tariff set at this level would raises in revenue for the Guatemalan government.

Answers

The tariff would raise $76,000,000 in revenue for the Guatemalan government.

If the Guatemalan government wants to reduce imports to exactly 100,000 tons of oranges, they can implement a tariff. The tariff should be set at a level that would achieve this goal. According to the given information, a tariff of $760 per ton will achieve the desired reduction in imports.

When a tariff is imposed, it increases the cost of imported goods. In this case, the tariff would increase the price of oranges by $760 per ton. As a result, the domestic price of oranges in Guatemala would increase from the world price of $760 per ton to $1,520 per ton.

The tariff would reduce the quantity of imports to 100,000 tons, which is the desired level. The domestic supply would also increase to meet the reduced demand. The graph shows that the domestic supply of oranges is 350,000 tons, but this is insufficient to satisfy the domestic demand of 150,000 tons. With the tariff in place, domestic producers would be encouraged to produce more and the domestic supply would increase to 100,000 tons, matching the reduced demand.

The revenue generated from the tariff can be calculated by multiplying the tariff rate ($760 per ton) by the quantity of imports (100,000 tons).

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check if >∼ are complete , assume ≥ complete and transitive

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Given that we need to check whether the relation R defined by the symbol >∼ is complete, given that ≥ is complete and transitive. The relation R defined by >∼ is complete, if every element in the set A has an R-equivalent element in the set A.

Let us consider a set A = {a, b, c, d} and R relation is defined by >∼.

Let us check whether R is complete or not.

(a) To check whether a is related to some element in A or not. a >∼ a, since a is related to itself, so a has an R-equivalent element in A. a >∼ b, as ≥ is complete, and b ≥ a, it implies a <∼ b, hence a has an R-equivalent element in A. a >∼ c, as ≥ is complete, and c ≥ a, it implies a <∼ c, hence a has an R-equivalent element in A. a >∼ d, as ≥ is complete, and d ≥ a, it implies a <∼ d, hence a has an R-equivalent element in A.

So, every element in the set A has an R-equivalent element in the set A.

Therefore, R is complete and the given statement is true.

Hence, the answer is: Thus, the relation R defined by the symbol >∼ is complete.

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"Which of the following statements is true?
A. Clients can print a list of accountant's changes prior to
importing them
B. The accountant selects a dividing date when creating an
Accountant’s Copy
C."

Answers

Hi there! The statement that is true regarding the terms you provided is option B. When creating an Accountant's Copy,

the accountant does indeed select a dividing date.

This dividing date is used to separate the transactions that the accountant will work on from the transactions that the client will continue to work on.

It allows both the accountant and the client to work independently on their own sets of transactions without interfering with each other.

The dividing date is usually set to a date that falls in between the transactions that the accountant needs to work on and the transactions that the client needs to work on.

This helps ensure a smooth and efficient collaboration between the accountant and the client.

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Other things held constant, the lower a firm's tax rate, the more logical it is for the firm to use debt. true/ false

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A lower tax rate increases the benefits of using debt for a firm. Debt interest payments are tax-deductible, meaning they reduce the taxable income of the firm. Hence the statement is true.

When the tax rate is lower, the tax shield provided by debt becomes more valuable, resulting in reduced tax obligations and increased after-tax cash flows. This makes the cost of debt financing relatively cheaper compared to equity financing.

As a result, firms with lower tax rates have a greater incentive to utilize debt, allowing them to optimize their capital structure and potentially enhance shareholder value.

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Aralyzing and Recors You will use this chart of accounts to complete the Continuing Problem. The following problem continues from Chapter 1. Assignment 1. Set op T accounts in a ledger and post the ending balances from Chapter 1 . 2. Record Transactions K through S in the appropriate T accounts. 3. Foot and take the balances of the T accounts where appropriate. 4. Prepare a trial balance at the end of August. 5. From the trial balance, prepare an income statement, statement of owner's cquity, and a balance sheet for the 2 months ending with August 31,201X. k. Received the phone bill for the month of July, S200. 1. Paid S300 (check #8099 ) for insurance for the month. m. Paid $50 (check #8100 ) of the amount due from Transaction D in Chapter 1 . ․ Paid advertising expense for the month, $500 (check #8101 ). a. Billed a client (Kristen Tarsia) for services rendered, $1,100. p. Collected $1,400 for services rendered. (Assume cash collection occurred at the same time services were rendered.) q. Paid the electric bill in full for the month of July (check #8102, Transaction H. ​ Chapter 1). I. Paid cash (check #8103) for $20 in stamps. s. Purchased S500 worth of supplies from The Computer Store on credit.

Answers

The trial balance, prepare an income statement, statement of owner's equity, and a balance sheet for the 2 months ending with August 31, 201X and the account balances from the trial balance to create the required financial statements.

Set up T accounts in a ledger. Create separate T accounts for each account listed in the chart of accounts.

Post the ending balances from Chapter 1. Take the ending balances of each account from Chapter 1 and enter them on the corresponding T accounts.

Record transactions K through S in the appropriate T accounts.

For transaction K, received the phone bill for the month of July, record a debit of $200 in the Phone Expense account and a credit of $200 in the Accounts Payable account.

For transaction 1, paid $300 (check #8099) for insurance for the month, record a debit of $300 in the Insurance Expense account and a credit of $300 in the Cash account.

For transaction M, paid $50 (check #8100) of the amount due from Transaction D in Chapter 1, record a debit of $50 in the Accounts Receivable account and a credit of $50 in the Cash account.

For transaction P, paid advertising expense for the month, $500 (check #8101), record a debit of $500 in the Advertising Expense account and a credit of $500 in the Cash account.

For transaction A, billed a client (Kristen Tarsia) for services rendered, $1,100, record a debit of $1,100 in the Accounts Receivable account and a credit of $1,100 in the Service Revenue account.

For transaction Q, collected $1,400 for services rendered, record a debit of $1,400 in the Cash account and a credit of $1,400 in the Accounts Receivable account.

For transaction S, purchased $500 worth of supplies from The Computer Store on credit, record a debit of $500 in the Supplies account and a credit of $500 in the Accounts Payable account.

Foot and take the balances of the T accounts where appropriate. Add up the debits and credits for each account and calculate the balance.

Prepare a trial balance at the end of August. List all the accounts and their balances from the T accounts and ensure that the total debits equal the total credits.

From the trial balance, prepare an income statement, statement of owner's equity, and a balance sheet for the 2 months ending with August 31, 201X. Use the account balances from the trial balance to create the required financial statements.

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Think about four generations in the workplace: Baby boomers, Gen X, Millennials, and Gen-Z. Discuss their characteristics, different learning styles, and implications for HRD.

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Generational differences in the workplace can have significant implications for Human Resource Development (HRD). The four generations you mentioned - Baby boomers, Gen X, Millennials, and Gen-Z - each have distinct characteristics and learning styles.

Baby boomers, born between 1946 and 1964, tend to be hardworking, loyal, and value stability. They often prefer face-to-face communication and traditional learning methods. Baby boomers are typically motivated by financial rewards and professional recognition. In HRD, it's important to provide them with structured training programs and opportunities for advancement to keep them engaged and motivated.

Gen X, born between 1965 and 1980, is known for their independence and entrepreneurial mindset. They appreciate work-life balance and flexibility. Gen X individuals prefer a mix of learning styles, including self-paced online courses and collaborative learning environments. They value personal development and prefer mentoring over traditional hierarchical structures. HRD initiatives should focus on providing Gen X employees with opportunities for skill development and continuous learning.

Millennials, born between 1981 and 1996, are tech-savvy, collaborative, and socially conscious. They seek meaningful work and value a positive work culture. Millennials embrace technology-driven learning methods such as e-learning platforms, gamification, and mobile learning. They respond well to frequent feedback and value opportunities for personal growth. HRD strategies should emphasize a supportive and inclusive workplace culture, with an emphasis on coaching, mentorship, and continuous feedback.

Gen-Z, born between 1997 and 2012, is the newest generation to enter the workplace. They are digital natives, highly adaptable, and prioritize work-life integration. Gen-Z employees prefer experiential and interactive learning methods, including virtual reality, simulations, and microlearning. They value diversity and social impact, seeking workplaces that align with their values. HRD programs should focus on providing Gen-Z with a variety of learning opportunities, including access to cutting-edge technology and platforms that foster collaboration and creativity.

In conclusion, understanding the characteristics and learning styles of different generations in the workplace is crucial for effective HRD. Tailoring learning and development initiatives to the preferences and needs of each generation can lead to increased engagement, productivity, and overall organizational success.

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Type underneath the question into the textbox. You must show your math. Sara's Sunglasses is operating with a nonzero fixed cost, an upward-sloping marginal cost, and a constant marginal revenue. Suppose that MC=5,MR=3,ATC=10,AVC=7 and Qm=20. What is the fixed cost? (1 pt) Type underneath the question into the textbox. Scenario: June's Coffee Mugs is one of many producers in a perfectly competitive market. June's Coffee Mugs is earning a greater than normal profit. In the long run, 1. What will happen to the industry supply curve for coffee mugs? (2 pts) 2. What will happen to the price of coffee mugs? (2 pts). Explain (4 pts). 3. What will happen to June's output compared to the initial level described in the scenario? (2 pts). Explain. (4 pts) In your own writing, 1. Make a numbered list with the eight measurements that follow. 2. Identify each of the following as taking place in 1) the short run, 2) both short run + long run, or 3 ) only the long run. 3. Add the formulas where applicable. 4. You must do all the above correctly for the 2 points. Ex: Average Total Cost = give time horizon from bold font above (not the option number) and write out formula if applicable Measurements Average Total Cost, Average Fixed Cost, Average Variable Cost, Marginal Cost, Total Cost, Fixed Cost, Variable Cost, Long-run Average Total Cost. Formulas Except for Fixed Cost, Variable Cost, and Long-run Average Total Cost, list the formula showing how the measurement value is calculated. Use symbols, not words.

Answers

To find the fixed cost, we need to use the formula:

Total Cost = Fixed Cost + Variable Cost.

We are given that ATC

(Average Total Cost) = 10 and

AVC (Average Variable Cost) = 7.

From these values, we can determine the fixed cost as follows:
ATC = TC / Q m
10 = FC / 20

Solving for FC (Fixed Cost):
FC = 10 * 20
FC = 200
The fixed cost is 200.

In a perfectly competitive market, if June's Coffee Mugs is earning a greater than normal profit, it will attract more firms to enter the market in the long run. This will result in an increase in the industry supply curve for coffee mugs.


Due to the increased competition and the entry of new firms, the price of coffee mugs will decrease in the long run. This is because the greater supply of coffee mugs will put downward pressure on the price.

Average Total Cost (ATC) - Both short run + long run - ATC = TC / Q

Average Fixed Cost (AFC) - Both short run + long run - AFC = FC / Q

Average Variable Cost (AVC) - Both short run + long run - AVC = VC / Q

Marginal Cost (MC) - Both short run + long run - MC = ΔTC / ΔQ

Total Cost (TC) - Both short run + long run - TC = FC + VC

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Callisway Cab Compary determines its break-even strictly on the basis of cash expenditures related to fixed costs its total foned costs ave srso000, but 5 percent of this value is represented by depreciation. Its contribution margin (price minus variabie cost) far each unatis $6610. How many units does the firm need to sell to reach the cash break-even point? Note: Round your answer to the nearest whole number.

Answers

To find the number of units Callisway Cab Company needs to sell to reach the cash break-even point, we need to consider its fixed costs, depreciation, and contribution margin.

Step 1: Calculate the cash fixed costs by subtracting the depreciation from the total fixed costs.
Cash fixed costs = Total fixed costs - Depreciation
Cash fixed costs = $[tex]70,000 - (5% of $70,00[/tex]0)
Cash fixed costs = $[tex]70,000 - ($3,500[/tex])
Cash fixed costs = $66,500

Step 2: Calculate the break-even point in units using the contribution margin.
Break-even point in units = Cash fixed costs / Contribution margin
Break-even point in units = [tex]$66,500 / $6,610[/tex]
Break-even point in units ≈ 10.05

Rounding to the nearest whole number, Callisway Cab Company needs to sell approximately 10 units to reach the cash break-even point.

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Read the article Jumia Nigeria: From Retail to Marketplace.

What is Jumia's path to profitability? Why would you invest in this company?

(700 words)

Answers

As an AI text-based model, I don't have direct access to specific articles or the ability to browse the internet.

Therefore, I cannot read the article "Jumia Nigeria: From Retail to Marketplace" or provide a summary of its contents. My responses are based on general knowledge up until September 2021. I apologize for any inconvenience. If you have any other questions or need assistance with a different topic, feel free to ask.

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Need to discuss the topic below for the country Brunei Darussalam. Please find information about the question below.

Membership in regional economic and trading blocks.

Answers

Brunei Darussalam is actively involved in various regional economic and trading blocks, such as ASEAN, APEC, and the TPP. These memberships provide Brunei with opportunities to enhance economic cooperation, expand trade relations, and promote regional integration.

Brunei Darussalam is a member of several regional economic and trading blocks. One of the main organizations it is a part of is the Association of Southeast Asian Nations (ASEAN), which was established in 1967.

ASEAN aims to promote economic growth, social progress, and cultural development among its member countries, including Brunei Darussalam.

As an ASEAN member, Brunei benefits from various regional economic integration initiatives. For example, the ASEAN Free Trade Area (AFTA) aims to reduce barriers to trade and promote economic cooperation among ASEAN member countries.
Brunei Darussalam is also a member of the Asia-Pacific Economic Cooperation (APEC) forum, which includes countries from both the Asia-Pacific region and beyond. APEC promotes regional economic integration and cooperation through initiatives such as the reduction of trade barriers and the facilitation of business activities.

Furthermore, Brunei is a founding member of the Trans-Pacific Partnership (TPP), a trade agreement that includes 11 countries from the Asia-Pacific region. The goal of the TPP is to deepen economic ties and promote trade liberalization among member countries.

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Required information [The following information applies to the questions displayed below.] Tracy Company, a manufacturer of air conditioners, sold 200 units to Thomas Company on November 17, 2021. The units have a list price of $550 each, but Thomas was given a 25% trade discount. The terms of the sale were 2/10, n/30. 3-a. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2021, assuming that the net method of accounting for cash discounts is used. 3-b. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 2021, assuming that the net method of accounting for cash discounts is used.

Answers

For the sale of 200 units to Thomas Company by Tracy Company on November 17, 2021, the following journal entries would be made:

1) If the collection is made on November 26, 2021, taking advantage of a 2% discount:

Accounts Receivable is debited for $104,000

Sales Revenue is credited for $104,000

Cash is debited for $102,400

Accounts Receivable is credited for $102,400

2) If the collection is made on December 15, 2021, without taking any discount:

Accounts Receivable is debited for $104,000

Sales Revenue is credited for $104,000

Accounts Receivable is debited for $104,000

Cash is credited for $104,000

1.

Journal entries for the sale on November 17, 2021, and collection on November 26, 2021 (gross method):

November 17, 2021:

Accounts Receivable 104,000 ([$520 - (25% * $520)] * 200)

Sales Revenue 104,000 ([$520 - (25% * $520)] * 200)

To record the sale of 200 units to Thomas Company at a discounted price.

November 26, 2021:

Cash 102,400 ([$520 - (2% * $520)] * 200)

Accounts Receivable 102,400 ([$520 - (2% * $520)] * 200)

To record the collection of cash from Thomas Company, taking advantage of a 2% discount for early payment.

2.

Journal entries for the sale on November 17, 2021, and collection on December 15, 2021 (gross method):

November 17, 2021:

Accounts Receivable 104,000 ([$520 - (25% * $520)] * 200)

Sales Revenue 104,000 ([$520 - (25% * $520)] * 200)

To record the sale of 200 units to Thomas Company at a discounted price.

December 15, 2021:

Accounts Receivable 104,000 ([$520 - (25% * $520)] * 200)

Cash 104,000 ([$520 - (25% * $520)] * 200)

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Direct benefits and contributions of transportation to economic development of south africa.(30)

Answers

The transportation sector in South Africa provides direct benefits and contributes to economic development through improved connectivity, trade facilitation, job creation, and investment opportunities.

The transportation sector plays a crucial role in the economic development of South Africa by providing direct benefits and contributing to various aspects of the economy. Firstly, transportation improves connectivity by linking different regions and facilitating the movement of people, goods, and services. This enables businesses to access larger markets, promotes regional integration, and stimulates economic growth.

Secondly, transportation facilitates trade by providing efficient and reliable logistics infrastructure, such as ports, airports, and road networks. This enhances the country's import and export capabilities, attracting foreign investment and contributing to the growth of industries such as manufacturing, mining, and agriculture.

Additionally, the transportation sector creates employment opportunities both directly and indirectly. It employs a significant number of people in various occupations, including drivers, logistics managers, maintenance workers, and administrative staff. Moreover, the sector generates spin-off employment in related industries, such as warehousing, retail, and tourism.

Furthermore, transportation infrastructure development attracts investment in the form of public and private funding. Investment in transport networks and facilities not only improves mobility and efficiency but also creates opportunities for businesses to expand their operations, establish new markets, and stimulate economic activity.

Overall, the transportation sector's direct benefits and contributions to South Africa's economic development are evident in its role in connectivity, trade facilitation, job creation, and investment opportunities. By improving transportation infrastructure and services, the country can further enhance its economic growth and competitiveness.

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You have located the following information on Tyler Company: debt ratio =50 percent, capital intensity ratio =1.5 times, profit margin =9 percent, and dividend payout ratio =40 percent. What is the sustainable growth rate for Tyler? Multiple Choice 12.00 percent 7.76 percent 20.00 percent 30.00 percent

Answers

The sustainable growth rate (SGR) is a measure of a company's ability to grow its sales, earnings, and dividends over time while maintaining its financial stability. It is calculated using the following formula:

SGR = (Profit Margin) × (Retention Ratio) × (Asset Turnover)

Where:

- Profit Margin is the percentage of sales that is retained as profit after deducting expenses.

- Retention Ratio is the percentage of earnings that is retained in the company for reinvestment.

- Asset Turnover is a measure of how efficiently a company utilizes its assets to generate sales.

In this case, we are given the following information:

Debt Ratio = 50%

Capital Intensity Ratio = 1.5 times

Profit Margin = 9%

Dividend Payout Ratio = 40%

To calculate the SGR, we need to find the Retention Ratio and Asset Turnover.

Retention Ratio = 1 - Dividend Payout Ratio

               = 1 - 0.40

               = 0.60

Asset Turnover = Sales / Total Assets

              = Sales / (1 - Debt Ratio)   [Since Debt Ratio = Total Debt / Total Assets]

              = Sales / (1 - 0.50)

              = Sales / 0.50

              = 2 × Sales

Now we can calculate the SGR:

SGR = (Profit Margin) × (Retention Ratio) × (Asset Turnover)

   = 0.09 × 0.60 × (2 × Sales)

   = 0.108 × Sales

Based on the given information, the SGR for Tyler Company is 10.8% (0.108 × 100).

Therefore, none of the provided multiple-choice options (12.00%, 7.76%, 20.00%, 30.00%) match the calculated SGR of 10.8%.

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A margin account customer buys 100 shares of hex at $70 and writes a hex oct 70 call for a premium of 8. what must he deposit?(regulation t is 50%.)

Answers

The customer must deposit $2,700 in a margin account when buying 100 shares of HEX at $70 and writing a HEX Oct 70 call for a premium of $8. So, the correct choice is an option (A) 2700.

In this case, the consumer spends $7,000 to purchase 100 shares of HEX at a price of $70 each. According to Regulation T, the initial margin required is 50% of the purchase price, or $3,500.

However, since the customer writes a HEX Oct 70 call and receives a premium of $8 per share, the premium received reduces the required deposit. The premium received is $8 * 100 shares = $800.

To calculate the required deposit, we subtract the premium received from the initial margin requirement:

$3,500 - $800 = $2,700.

Therefore, the customer must deposit $2,700 in a margin account when buying 100 shares of HEX at $70 and writing a HEX Oct 70 call for a premium of $8.

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The complete question is-

Choose the correct option:

A margin account customer buys 100 shares of HEX at $70 and writes a HEX Oct 70 call for a premium of 8. What must he deposit? (Regulation T is 50%.)

A) 2700.

B) 3700.

C) 4500.

D) 2000.

A mortgage broker income include all the following except: Origination fees Yield spread premium Loan servicing fees Application fees

Answers

A mortgage broker's income includes all the following except Option D. Application fees.

A mortgage broker is a person or entity that brokers mortgages for individuals or businesses. Brokers offer loans from a variety of lenders and are compensated for their services by a commission-based payment structure. Mortgage brokers serve as intermediaries between borrowers and lenders, connecting borrowers with suitable mortgage loan options. Brokerage fees, as previously stated, are commission-based.

The percentage of the loan's total value that is paid to the mortgage broker varies depending on the lender and the mortgage loan program. Because the fees are typically a portion of the total loan amount, mortgage brokers stand to earn a substantial amount of money from closing a single loan. A mortgage broker's revenue is generated by four main sources: origination fees, yield spread premiums, loan servicing fees, and application fees. Origination fees are fees paid to the mortgage broker for originating a loan.

Origination fees are typically a percentage of the loan amount and are paid by the borrower at closing. The majority of mortgage brokers charge origination fees ranging from 0.5 percent to 1.5 percent of the loan amount. The higher interest rate allows the lender to earn more money over the life of the loan, which they can use to pay the mortgage broker a fee.

Loan servicing fees are fees paid to the mortgage broker for servicing a loan. This fee is usually a percentage of the total loan amount and is paid by the borrower each month. This fee is intended to cover the broker's administrative expenses, such as processing payments, handling paperwork, and resolving disputes.

Application fees, on the other hand, are paid to the lender rather than the broker. Application fees are paid by the borrower when they apply for a mortgage loan. The application fee may be refunded if the borrower does not qualify for the loan or chooses not to proceed with the loan. Therefore, the correct option is D.

The question was incomplete, Find the full content below:

A mortgage broker income include all the following except:

A. Origination fees

B. Yield spread premium

C. Loan servicing fees

D. Application fees

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Trade credit may be used to finance a major part of a firm's working capital when?

Answers

If a company has a solid working relationship with its suppliers or vendors, trade credit may be used to finance a significant portion of the company's working capital.

Trade credit enables the business to acquire goods or services in advance without having to pay for them right away, trade credit can be very helpful in managing cash flow and working capital requirements.

This can offer flexibility and assist ongoing operations, particularly during periods of erratic cash flow or when the company is temporarily confronted with liquidity issues. It's vital to remember that trade credit's ability to finance a company's working capital will depend on the industry it operates in, the nature of the company's operations, and the relationships it has with its suppliers.

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during the year, belyk paving company had sales of $2,350,000. cost of goods sold, administrative and selling expenses, and depreciation expense were $1,310,000, $585,000, and $435,000, respectively. in addition, the company had an interest expense of $260,000 and a tax rate of 25 percent. the company paid out $385,000 in cash dividends. assume that net capital spending was zero, no new investments were made in net working capital, and no new stock was issued during the year. (ignore any tax loss carryforward provision and assume interest expense is fully deductible.) calculate the firm's net new long-term debt added during the year.

Answers

The net new long-term debt added during the year is -$565,000. This negative value indicates that the company reduced its long-term debt during the year rather than adding to it.

To calculate the net new long-term debt added during the year, we need to consider the various components of the company's financials. Here's the breakdown:

Calculate the company's earnings before interest and taxes (EBIT):

EBIT = Sales - Cost of Goods Sold - Administrative and Selling Expenses - Depreciation Expense

= $2,350,000 - $1,310,000 - $585,000 - $435,000

= $20,000

Calculate the company's taxable income:

Taxable Income = EBIT - Interest Expense

= $20,000 - $260,000

= -$240,000

Calculate the company's tax liability:

Tax Liability = Taxable Income * Tax Rate

= -$240,000 * 0.25

= -$60,000

Note: A negative taxable income indicates a tax loss, which means no taxes are payable in this case.

Calculate the company's net income:

Net Income = Taxable Income - Tax Liability

= -$240,000 - (-$60,000)

= -$180,000

Calculate the company's retained earnings:

Retained Earnings = Net Income - Dividends

= -$180,000 - $385,000

= -$565,000

Calculate the net new long-term debt added during the year:

Net New Long-Term Debt = Change in Retained Earnings

= -$565,000

Based on the given information, the net new long-term debt added during the year is -$565,000. This negative value indicates that the company reduced its long-term debt during the year rather than adding to it.

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Final answer:

The firm did not add any new long-term debt during the year. First, we found the net income before taxes was -$240,000. After deducting the cash dividends, we found the net addition to retained earnings to be -$625,000. Given the conditions in the question, the firm's net new long-term debt added during the year is $0.

Explanation:

To calculate the firm's net new long-term debt added during the year, we first need to determine its net income. This can be calculated as total sales minus total expenses, which include the cost of goods sold, administrative and selling expenses, depreciation expense, and interest. In this case, the net income before taxes is $2,350,000 - $1,310,000 - $585,000 - $435,000 - $260,000 = -$240,000. Since the company made a loss, it doesn't owe any taxes (assuming a tax rate of 25 percent).

The next step is to deduct dividends paid from net income to get the net addition to retained earnings, which is -$240,000 - $385,000 = -$625,000.

Because we are told that net capital spending and the change in net working capital are zero, free cash flow to investors (FCF) is simply net income minus net addition to retained earnings, or -$625,000 - (-$625,000) = $0.

Since the company did not issue new stock, the change in long-term debt is just the inverse of FCF, or -$0 = $0. Hence, the firm doesn't add any new long-term debt during the year.

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Suppose the interest rate is 9.5% APR with monthly compounding. What is the present value of an annuity that pays $90 every six months for seven ​years? ​(Note: Be careful not to round any intermediate steps less than six decimal​ places.) Question content area bottom Part 1 The present value of the annuity is ​$enter your response here. ​(Round to the nearest​ cent.)

Answers

The present value of the annuity is $778.47 (rounded to the nearest cent)

Here, given: Annual percentage rate (APR) = 9.5%

Compounding frequency = Monthly

Payment made every 6 months or twice in a year = PMT = $90

Number of years or time period of annuity = n = 7 years

First, calculate the Monthly Percentage Rate (MPR)MPR = APR / Compounding frequency

= 9.5% / 12

= 0.007917

Then, calculate the total number of payments that will be made during the 7-year period

Number of payments = n × frequency of payment

= 7 × 2

= 14

We can use the present value of annuity formula to calculate the present value of annuity

Present Value of Annuity = [PMT x (1 - 1 / (1+r)n)] / r

where,

PMT = payment made per period

r = MPR

n = total number of payments made in the time period of annuity

Substitute the given values in the above formula,

PV of annuity = [$90 x (1 - 1 / (1+0.007917)14)] / 0.007917= $778.47

Therefore, the present value of the annuity is $778.47 (rounded to the nearest cent).

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Jedidia Analytics Pty. Ltd is forecasted to grow sales at 7% per year for the next five years. ATO has been steady at 1.3 and this is likely to persist for the foreseeable future. Profit margin is forecast to be 12% for the next two years and 10% for the foreseeable future after that (forecast year 4 onwards). The weighted average cost of capital for the company is 10%; sales this year is $84,000; Net financing obligations at the year-end is $25,000; net operating assets at the year-end is $36,000; dividend payout of 10% of NOPAT and after-tax cost of debt of 3%. Provide a forecast of NOA, NOPAT, FCF and Closing Debt for the next five years.

Answers

NOPAT (Net Operating Profit After Taxes), FCF (Free Cash Flow), NOA (Net Operating Assets), and Closing Debt Forecast for Jedidia Analytics Pty. Ltd for the next five years are as follows:

Year 1: NOPAT = $7,680, FCF = $5,580, NOA = $36,840, Closing Debt = $29,220

Year 2: NOPAT = $8,230, FCF = $6,030, NOA = $38,670, Closing Debt = $30,420

Year 3: NOPAT = $8,760, FCF = $6,400, NOA = $40,540, Closing Debt = $31,620

Year 4: NOPAT = $8,760, FCF = $6,300, NOA = $42,410, Closing Debt = $32,820

Year 5: NOPAT = $7,920, FCF = $6,040, NOA = $44,280, Closing Debt = $34,020

NOPAT is the amount of profit a company earns after paying all its taxes; it is calculated by subtracting all taxes from EBIT. NOPAT for year 1 is calculated as 84,000 x (1 - 0.3) x (1 - 0.1) = $7,680.FCFF (Free Cash Flow to the Firm) is the cash flow available to the company's creditors and stockholders after all operating expenses have been paid.

The free cash flow calculation for year 1 is FCF = NOPAT - (1 - Dividend payout) x NOA - (Net Financing Obligation - Closing Debt) x after-tax cost of debt, which yields FCF = 7,680 - (1 - 0.1) x 36,000 - (25,000 - 29,220) x 0.97 = $5,580.NOA is the value of the company's operating assets minus its operating liabilities.

NOA for year 1 is calculated as 36,000 - 29,220 = $36,840.Closing Debt for year 1 is equal to the Net Financing Obligation at the year-end minus FCF for the year, which yields $29,220 - $5,580 = $23,640.

We can calculate NOPAT, FCF, NOA, and Closing Debt for years 2-5 using the same methodology, but with different sales and profit margin figures.

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on the topic job application. what are government rules on Australia?

Answers

In Australia, there are several government rules related to job applications. One important rule is the anti-discrimination legislation. This means that employers cannot discriminate against applicants based on their race, gender, age, disability, or other protected attributes.

Employers are also required to provide equal employment opportunities and create a fair and unbiased selection process.

Another rule is the Fair Work Act, which establishes the National Employment Standards (NES). These standards cover various aspects of employment, including maximum working hours, leave entitlements, and termination procedures. It is essential for employers to adhere to these standards when hiring new employees.

Additionally, the Australian government requires employers to comply with workplace health and safety regulations. This involves ensuring a safe work environment, providing appropriate training, and addressing any potential hazards.

Employers are also required to check the work rights of prospective employees. The Department of Home Affairs provides guidelines for verifying work rights, including checking visas and work permits.

Overall, these government rules aim to promote fairness, equality, and safety in the job application process in Australia.

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You have an investment opportunity in Japan. It requires an investment of $1.06 million today and will produce a cash flow of ¥109 million in one year with no risk. Suppose the risk-free interest rate in the United States is 3.8%, the risk-free interest rate in Japan is 2.5%, and the current competitive exchange rate is ¥110 per dollar. What is the NPV of this investment? Is it a good opportunity? What is the NPV of this investment? The NPV of this investment is s (Round to the nearest dollar.)

Answers

The Net Present Value (NPV) is negative (-$106,301.43) and this investment opportunity does not appear to be a good opportunity.

The Net Present Value (NPV) of an investment is calculated by discounting the future cash flows to their present value and subtracting the initial investment. In this case, the initial investment is $1.06 million. The future cash flow is ¥109 million, which needs to be converted into dollars using the exchange rate of ¥110 per dollar.

First, let's calculate the present value of the future cash flow. The current exchange rate of ¥110 per dollar means that ¥109 million is equivalent to $990,909.09.

Next, we need to discount this amount back to present value using the risk-free interest rate in the United States, which is 3.8%. The formula to calculate present value is PV = FV / (1 + r)^n, where PV is the present value, FV is the future value, r is the interest rate, and n is the number of periods. In this case, n is 1 year.

Using the formula, the present value of $990,909.09 is $953,698.57.

Now, we can calculate the NPV by subtracting the initial investment from the present value.

NPV = Present Value - Initial Investment.
NPV = $953,698.57 - $1.06 million = -$106,301.43.

Therefore, as the NPV is negative, this investment opportunity does not appear to be a good opportunity.

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In the manufacturing department’s monthly meeting, a number of highly critical updates are to be explained to managers and employees. What is one thing you can do to encourage everyone to listen actively to you? a.) Ask everyone to break into small groups b.) Ask everyone to take a quiz at the end c.) Ask everyone to remain silent d.) Ask everyone to turn off their phones What is one of the three meeting-specific roles that no meeting should be without? a.) Monitor b.) Brainstormer c.) Loafer d.) Facilitator Presenting oneself in an honest and sincere manner across communication platforms is what element of personal image? a.) Transparency b.) Affability c.) Affinity d.) Authenticity

Answers

1. The correct answer is option c) Ask everyone to remain silent.

2. The correct answer is option d) Facilitator.

3. The correct answer is option d) Authenticity.

1. In order to encourage everyone to listen actively to you during the manufacturing department's monthly meeting, you can ask everyone to remain silent. This is because when everyone stays silent, they can concentrate on what you are saying, which will help in ensuring that they listen actively.

2. One of the three meeting-specific roles that no meeting should be without is Facilitator. The facilitator is responsible for ensuring that the meeting runs smoothly, and that everyone has an opportunity to contribute their ideas. This individual should also make sure that the meeting stays on track and that everyone is focused on the agenda.

3. Presenting oneself in an honest and sincere manner across communication platforms is the element of personal image known as authenticity. Authenticity involves being genuine and transparent in all communications, both verbal and nonverbal. When people are authentic, they are more likely to be trusted and respected by others.

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Would you invest in Spergo Clothing Line? Please use the content in this module to support your decision.

In addition, whether you invest or not, the owners ask you to advise them regarding some of the key distinctions that they should consider when selling B2B (direct to retailers) versus B2C.

Answers

As an AI language model, I don't have personal opinions or the ability to invest in businesses. However, I can provide you with some general information to help you make a decision. When considering whether to invest in Spergo Clothing Line, it's important to conduct thorough research on the company.

Look into the brand's reputation, competitive advantage, target market, and growth potential. Evaluate their business plan, marketing strategies, and sales projections. Additionally, it's important to consider the risks involved in investing in a specific business, such as market volatility and competition.

Regarding key distinctions between selling B2B (direct to retailers) and B2C, there are several factors to consider. In B2B, you would be selling to other businesses, such as retailers. This typically involves larger order sizes and longer sales cycles. You would need to establish relationships with retailers, negotiate pricing and terms, and provide incentives for bulk purchases. B2B sales require a strong understanding of the retail industry, product positioning, and effective communication with buyers.

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Madison has a bank account that pays 2.4% simple interest. The balance is $940. How long will it take the account to grow to $1,000?

a. 32 months b. 44 months c. 30 months d. 39 months

Answers

It will take the account 30 months to grow from $940 to $1,000 with a 2.4% simple interest rate. So, the correct option is c. 30 months.

To calculate the time it will take for the account to grow to $1,000, we can use the formula for simple interest:

[tex]Interest = Principal \times Interest Rate \times Time[/tex]

In this case, the initial balance (principal) is $940, the interest rate is 2.4% (or 0.024), and the desired final balance is $1,000. We need to find the time it takes for the interest earned to reach $60 ($1,000 - $940).

$60 = $940 * 0.024 * Time

Simplifying the equation, we have:

Time = [tex]\frac{\$60}{(\$940 \times 0.024)}[/tex]

        = 30 months

Therefore, it will take the account 30 months to grow from $940 to $1,000 with a 2.4% simple interest rate.

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Explain why so many new products fail and how a company can improve its odds of new Product success (4 Marks)
c) What do you mean by long term marketing planning? State its essential characteristics and process 4marks

Answers

Many new products fail for several reasons. One common reason is a lack of market demand. Sometimes companies create products without conducting thorough market research to understand if there is a need or desire for the product. This can result in a lack of customers and poor sales.

Another reason for product failure is a failure to meet customer expectations. If a product does not deliver on its promises or fails to solve a customer's problem effectively, it is likely to be unsuccessful. Additionally, poor product quality or functionality can lead to dissatisfaction among customers, which can result in failure.

To improve the odds of new product success, companies can take several steps. Firstly, conducting market research to understand customer needs and preferences is essential. This involves gathering data on customer demographics, behaviors, and preferences to identify potential opportunities.

Companies can also invest in product development and testing to ensure that the product meets customer expectations. This can involve conducting focus groups, surveys, and prototype testing to gather feedback and make improvements.

Furthermore, effective marketing and promotion strategies are crucial. Companies should develop a comprehensive marketing plan that includes targeting the right audience, creating compelling messaging, and utilizing appropriate channels to reach potential customers.

Overall, by understanding customer needs, delivering a high-quality product, and implementing effective marketing strategies, companies can improve their odds of new product success.

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The failure of many new products can be attributed to various factors. One common reason is the lack of market research and understanding of customer needs.

Without a clear understanding of the target market, companies may develop products that do not meet customer expectations or solve a real problem. Another factor is ineffective marketing and promotion strategies. Even if a product is well-designed, it may fail if consumers are not aware of its existence or its benefits.

To improve the odds of new product success, a company can take several steps. Firstly, conducting thorough market research is crucial. This involves identifying customer needs, analyzing competitors, and assessing market trends. With this information, companies can develop products that fulfill a genuine demand. Secondly, effective marketing and promotion strategies should be implemented to create awareness and generate interest in the product. This may involve using multiple channels, such as social media, advertising, and public relations. Additionally, gathering customer feedback and continuously refining the product based on this feedback can increase its chances of success.

Long-term marketing planning refers to a strategic approach that outlines the goals, objectives, and actions for marketing initiatives over an extended period. Its essential characteristics include:

1. Forward-thinking: Long-term marketing planning involves looking ahead and anticipating future market trends and customer needs.

2. Alignment with organizational objectives: It should align with the overall goals and objectives of the company, supporting its growth and profitability.

3. Comprehensive analysis: It requires a thorough analysis of the market, competitors, target audience, and internal capabilities to identify opportunities and challenges.

The process of long-term marketing planning typically involves the following steps:

1. Setting objectives: Defining specific, measurable, achievable, relevant, and time-bound (SMART) marketing objectives aligned with the company's goals.

2. Conducting market research: Gathering and analyzing data about the market, competitors, customers, and trends to gain insights and identify opportunities.

3. Developing marketing strategies: Creating a comprehensive plan that outlines the key strategies, tactics, and channels to reach the target audience and achieve the defined objectives.

4. Implementation and evaluation: Executing the marketing plan, monitoring its progress, and regularly evaluating its effectiveness. Adjustments can be made based on the results and feedback received.

By following a well-defined long-term marketing planning process, companies can ensure that their marketing efforts are strategic, focused, and aligned with their overall business objectives, leading to increased success and growth.

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Aeneid, Inc. had taxable income of $258,200 in 2017. Based on the corporate tax rate schedule below, how much did the firm owe in taxes for the year?

Taxable Income Tax Rate
$0 - $50,000 15%
$50,001 - $75,000 25%
$75,001 - $100,000 34%
$100,001 - $335,000 39%
Group of answer choices

$83,948

$87,788

$64,550

$100,698

$38,730

Answers

Aeneid, Inc. owed $100,698 in taxes for the year 2017.

To calculate the tax owed by Aeneid, Inc. for the year 2017, we need to determine the tax rate applicable to its taxable income of $258,200.

The taxable income falls within the range of $100,001 - $335,000, which has a tax rate of 39%.

To calculate the tax owed, we multiply the taxable income by the corresponding tax rate:

Tax owed = Taxable income * Tax rate

= $258,200 * 0.39

= $100,698

Therefore, Aeneid, Inc. owed $100,698 in taxes for the year 2017.

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the ""grapevine"" is most accurately described as . a. an informal channel of communication that carries organizationally relevant gossip b. an organizational newsletter detailing recent accomplishments c. frowned-upon water cooler discussions that impede productivity d. an e-mail chain involving multiple people to make a decision

Answers

The correct answer is A. An informal channel of communication that carries organizationally relevant gossip.

The "grapevine" is most accurately described as an informal channel of communication that carries organizationally relevant gossip. It refers to the informal network of communication within an organization through which rumors, information, and unofficial news spread among employees. The grapevine is characterized by its unofficial and often unverified nature, as information is passed along through conversations, interactions, and social connections rather than through official channels.

While the grapevine may sometimes convey accurate information, it can also be prone to distortions, exaggerations, and rumors. It is important for organizations to recognize the existence of the grapevine and consider its potential impact on employee morale, engagement, and overall communication dynamics. Effective communication strategies can help mitigate the negative aspects of the grapevine while leveraging its potential as an informal communication channel.

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A bank claimed that $1000 deposit in its saving account will become $3000 in 5 years. What is the annual effective interest rate? (The bank compounds monthly) 22.17% 14.40% 24.57% 15.39% A bank claimed that $1000 deposit in its saving account will become $3000 in 5 years. What is the nominal interest rate? (The bank compounds monthly) 24.57% 1.85% 22.17% 14.40%

Answers

Both the annual effective interest rate and the nominal interest rate are 22.17%.

The annual effective interest rate can be calculated using the formula:

[tex](1 + \frac{r}{n})^{nt} = \frac{3000}{1000}[/tex]

Where:
r is the annual interest rate
n is the number of times interest is compounded per year
t is the number of years

In this case, the bank compounds monthly, so n = 12. We want to find r, the annual effective interest rate.

[tex](1 + \frac{r}{12})^{(12*5)} = 3[/tex]
To solve for r, we can take the 5th root of both sides:

[tex]1 + \frac{r}{12} = 3^{(\frac{1}{60})}[/tex]

Now, subtract 1 from both sides:

[tex]\frac{r}{12} = 3^{(\frac{1}{60})} - 1[/tex]

Multiply both sides by 12:

[tex]r = 12 * (3^{(\frac{1}{60})} - 1)[/tex]

Calculating this, we find that r = 0.2217 or 22.17%.

Therefore, the annual effective interest rate is 22.17%.

The nominal interest rate is the annual interest rate without taking into account the compounding frequency. In this case, the nominal interest rate is also 22.17%.

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Hi, I have question what do you mean that my question has expired and been refunded. I posted the question and until now I didnt receive the answer, I am waiting the answer. Please help me to answer my assignment. Thank you.

In this assignment, you will be performing some financial statement analyses on a publicly traded company: Telus. You are required to follow the steps outlined below and produce a report in the form of an executive summary, which should be no more than two pages long. The written report should stand on its own. For the required ratios, you must include the ratios and your calculations, rather than just the answers.

There are 100 marks available for this assignment. See the steps below for mark distribution. Make sure to clearly explain your work so that your Open Learning Faculty Member can give feedback. You may get partial marks, even if your final answer is incorrect. You will submit a single Word document for this assignment.

Instructions

Step 1: Download the 2019 Annual Report from the company’s website. Since some companies issue financials in both Canadian and US dollars following different accounting rules (e.g., IFRS vs. US-GAAP), make sure to download the statements using Canadian dollars. Transfer the company’s consolidated balance sheets and consolidated statements of operations (i.e., income statement) into an Excel workbook.

I encourage you to do this on your own. For students with very old versions of MS Office, I have included an Excel file that contains the Telus 2019 financials. This is under the Resources tab.

Step 2: Calculate the following ratios for the past 2 fiscal years. You must clearly show the calculations and should not download pre-calculated ratios from another source. I included an example for the current ratio in the Excel spreadsheet referenced above that you can follow for the other ratios. Once your ratios are complete, please copy the ratios from your spreadsheet to your Word document. Use a basic copy/paste so that you can get feedback on your answers. Do not copy as a picture. (25 marks)

Current ratio

Quick ratio

Inventory turnover

Days of inventory on hand

Accounts receivable turnover

Average collection period

Asset turnover

Gross profit margin

Net profit margin

Total debt ratio

Return on assets

Return on equity

Interest coverage ratio

Step 3: Perform a 3-stage DuPont analysis. Note that this needs appropriate analysis, not just a calculation. (15 marks)

Step 4: Comment on any areas of strength or weakness of the company, based on your results of Steps 2 and 3 above. Make sure to look, not just at absolute levels, but also trends over time in solvency, liquidity, profitability, and asset management ratios (20 marks).

Step 5: Compare your results with the management discussion and analysis in the annual report. Examine any differences between their comments and your analysis. You will be assessed on correct use of financial statement analysis tools from the course material, providing thoughtful analysis that draws on the theories discussed in the course as well as links to what is happening with Telus in the current market. (20 marks)

Step 6: Explain whether there would be any difference to your analysis if you were an investor or if you were the CFO. How would the data quality differ in those two roles?

Answers

The main difference between an investor's analysis and a CFO's analysis is the focus. Investors are typically more interested in the company's profitability and future growth prospects, while CFOs are more concerned with the company's liquidity and solvency.

An investor would look at ratios such as return on equity (ROE), return on assets (ROA), and earnings per share (EPS) to assess the company's profitability. They would also look at growth metrics such as revenue growth and earnings growth.

A CFO would look at ratios such as the current ratio, quick ratio, and debt-to-equity ratio to assess the company's liquidity and solvency. They would also look at cash flow metrics such as free cash flow and operating cash flow.

The data quality would also differ between the two roles. Investors typically have access to less detailed data than CFOs. This is because investors do not have access to the company's internal financial records.

As a result, investors often have to rely on publicly available information, which can be less reliable. CFOs, on the other hand, have access to the company's internal financial records, which are more reliable.

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__________ are distribution channel firms that help the company find customers or make sales for them.

Answers

Wholesalers and retailers are distribution channel firms that help the company find customers or make sales for them.

Instead of selling to consumers, a wholesaler offers products to other retail establishments. Business-to-consumer (B2C) firms include retailers. This implies that consumers can directly buy the goods that retailers sell. Wholesalers are businesses that conduct business with other businesses (B2B).

In plain English, a wholesaler purchases a product in bulk from the producer and then sells it to the retailer, who in turn sells it to the final consumers. The primary goal of a wholesaler is to sell products to retailers or businesses so that they can resell them.

Christmas tree wholesalers purchase from farmers and distribute to retail establishments.

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Multiple Choice 1- Morley Manufacturing has notes receivable that have a fair value of $810,000 and a carrying amount of $620,000. Morley decides on December 31, 2011, to use the fair value option for these recently-acquired receivables. Which of the following statements is correct regarding the election of the fair value option by Morley? a. Morley can elect to use the fair value option or amortized cost at each statement of financial position date. b. Morley reports the receivables at fair value, with any unrealized holding gains and losses reported as a separate component of comprehensive income. c. The unrealized holding gain is the difference between the fair value and the carrying amount. d. All of the choices are correct regarding the fair value option. 2- Under IFRS Morley Manufacturing will derecognize its receivables in all of the following cases except a. When Morley elects to use the fair value option for a receivable. b. When the contractual rights to the cash flows of the receivable no longer exist; for example when one of Morley's customers declares bankruptcy. c. When Morley collects a receivable when due. d. All of the choices require Morley Manufacturing to derecognize its receivables. 3- On December 31, 2011, Hunter Corporation has elected to use the fair value option for one of its notes receivable. The note was accepted in late September, 2011 from a customer who was unable to pay its accounts receivable. The transaction with the customer had been delivery of accounting services valued at 25,000. The customer made a partial payment, resulting in a carrying value for the note of 22,000. At year-end, Hunter Corporation estimates the fair value of the note to be 17,500. Which of the following is incorrect regarding this note? a. Hunter will report the note on its statement of financial position at 17,500. b. Hunter will report an unrealized loss of 7,500 in its income statement for the year ended December 31, 2011. c. Hunter will be required to use the fair value option for this note for the duration of its existence. d. In 2012, Hunter will calculate the unrealized holding gain or loss as the net change in the fair value of the receivable from 2011 to 2012, exclusive of interest revenue recognized but not recorded. 4- IFRS requires all of the following when classifying receivables except a. Indicate the receivables classified as current and non-current in the statement of financial position. b. Disclose any receivables pledged as collateral. c. Disclose all significant concentrations of credit risk arising from receivables. d. All of the choices are required by IFRS when classifying receivables. 5- Which of the following is correct regarding differences between IFRS and U.S.GAAP with regard to receivables? a. Under IFRS de-recognition of a receivable is determined by using lack of control as the primary criterion. b. U.S.GAAP permits the reversal of impairment losses, with the reversal limited to the asset's amortized cost before the impairment. c. Under IFRS the fair value option is subject to certain qualifying criteria not in U.S.GAAP. d. All of the choices are differences between IFRS and U.S.GAAP for receivables. Suppose the variable x is represented by a standard normal distribution. what is the probability of x > 0.4? how does cognitive distraction differ between various secondary in-vehicle activities There are 4 supply chain processes: customer order, replenishment cycle, manufacturing cycle and procurement cycle. There are important differences among the cycles. List and describe two differences. Give examples to support your answer To read small font, you use a magnifying lens with the focal length 3 in. How far from the magnifying lens should you place the page if you want to hold the lens at 1 foot from your eyes? Use the thin-lens equation from Exercise 37. Which type of selection favors individuals at one extreme of a phenotypic range who have greater reproductive success in a particular environment? Exercise 1 Add commas where necessary. Cross out commas used incorrectly using the delete symbol. Some sentences may be correct.Dorothy studied at Oxford for four years, but then she received an offer to be an assistant to a famous chemist at the University of Cambridge. wi-fi, inc., has the following selected transactions during the year. required: select the section of the statement of cash flows in which each of these items would be reported: operating activities (indirect method), investing activities, financing activities, or a separate noncash activities note. Assuming the Perpetual Inventory Method is used, if sales are $75,000, cost of goodssold $50,000, opening inventory $20,000 and closing inventory $15,000, what is theGross Profit?Select one:a. $20,000b. $30,000c. $10,000d. $25,000