You need to compose a message to your department explaining that your company is being acquired by a larger company, and you know this news will not be received well by a number of employees. You begin the message with the facts. Then you present an explanation of the situation by focusing on the benefits to the employees.What techniques should you use to cushion the bad news?A. Position the bad news strategically between other sentences.B. Position bad news at the end of the paragraph.C. Accentuate the positive.D. Organize the bad news using bullet points.

Answers

Answer 1
Answer:

Answer:

The correct answer is letter "A" and "C": Position the bad news strategically between other sentences.; Accentuate the positive.

Explanation:

The objective of the message must be to provide the benefits over the disadvantages of the company being acquired by a large firm. The disadvantages can be provided in between sentences to rest importance but the advantages must be highlighted at every moment to give a positive impression of the acquisition to the employees.


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If a purchasing agent must put up a cash deposit for construction services, for security purposes, instead of giving it directly to the contractor, he or she may insist that it be placed in a(n):
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Raner, Harris, & Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm has two offices—one in Chicago and one in Minneapolis. The firm classifies the direct costs of consulting jobs as variable costs.Assume that Minneapolis’ sales by major market are:
Market
Minneapolis Medical Dental
Sales $ 330,000 100 % $ 220,000 100 % $ 110,000 100 %
Variable expenses 198,000 60 % 143,000 65 % 55,000 50 %

Contribution margin 132,000 40 % 77,000 35 % 55,000 50 %
Traceable fixed expenses 39,600 12 % 11,000 5 % 28,600 26 %

Market segment margin 92,400 28 % $ 66,000 30 % $ 26,400 24 %

Common fixed expenses
not traceable to markets 9,900 3 %

Office segment margin $ 82,500 25 %


The company would like to initiate an intensive advertising campaign in one of the two market segments during the next month. The campaign would cost $4,400. Marketing studies indicate that such a campaign would increase sales in the Medical market by $38,500 or increase sales in the Dental market by $33,000.
Required:
Calculate the increased segment margin.for Medical:
Calculate the increased segment margin for Dental:

Answers

Answer:

Increase Segment margin for Medial = $9,075  

Increase Segment margin for Dental = $12,100

Explanation:

The calculation of  increased segment margin.for Medical and Dental is shown below:-

                                 Medical                       Dental

Incremental Sales     $38,500                    $33,000

Less: Variable Cost  ($25,025)                  ($16,500)

(Medical 65% and ($38,500  × 65%)    ($33,000  × 50%)

Dental 50%)  

Incremental

Contribution Margin   $13,475                      $16,500

Less: Traceable

Advertising Cost       ($4,400)                         ($4,400)

Increase Segment

Margin                       $9,075                          $12,100

Several transactions for Trolley, Inc. are presented below. The company adjusts its books only at year-end.a. On August 1, the company rented some land from another company for $2,660 for a three-year time period. Trolley charged an expense account on August 1.
b. On February 1, Trolley received $8,000 for a four-year technical service contract. Trolley is performing the services evenly over the four-year period. The company credited a liability account, Unearned Service Revenue, on February 1.
c. On May 1, Trolley loaned $3,400 to another company on a 12%, one-year note.
d. The weekly (five-day) payroll of Trolley amounts to $2,500. All employees are paid at the close of business each Friday. December 31 falls on a Thursday.
Required:
Prepare the adjusting entries for December 31.

Answers

Answer: See explanation

Explanation:

It should be noted that adjusting entries are normally made at the conclusion of an accounting period so that the income and expenditure will be allocated to the particular period when they took place.

Prepaid rent is calculated as:

= 2660 × (36-5)/36

= 2660 × 31/36

= 2290.56

Unearned revenue:

= 8000 × 11/48

= 1833.33

Accrued interest:

= 3400 × 12% × 8/12

= 3400 × 0.12 × 8/12

= 272

Salary expense:

= 2500 × 4/5

= 2000

The adjusting entry has been attached.

Final answer:

The adjusting entries for year-end include recognizing the appropriate portion of prepaid rent, recognizing earned portion of unearned revenue, recording interest receivable and interest revenue, and adjusting for payroll expense and payable.

Explanation:

The adjustments for Trolley Inc. for year-end can be prepared as follows:

  • August 1: Trolley Inc. paid $2,660 for a three-year lease. The total expense is spread evenly over the three years, so we recognize 5/36 of the cost this year. That's $2,660 x 5/36 = $367.78. So, the adjusting entry is: Debit Prepaid Rent $367.78 and Credit Rent Expense $367.78.
  • February 1: Trolley received $8,000 for a four-year technical service contract. The contract is being delivered evenly over four years, so 11/48 of the revenue is recognized this year. That's $8,000 x 11/48 = $1833.33. Therefore, the adjusting entry is: Debit Unearned Service Revenue $1833.33 and Credit Service Revenue $1833.33.
  • May 1: Trolley loaned $3,400 to another company at 12% interest per annum. The interest for the 8 months is $3,400 x 12% x 8/12 = $272. Hence, the adjusting entry is: Debit Interest Receivable $272 and Credit Interest Revenue $272.
  • December 31: Trolley pays $2,500 weekly (five-day) payroll. Since December 31 falls on a Thursday, there's one day of expenses to adjust. Thus, the adjusting entry is: Debit Wage Expense $500 and Credit Wage Payable $500.

Learn more about Adjusting Entries here:

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Suppose that you are obtaining a personal loan from your uncle in the amount of $30,000 (now) to be repaid in three years to cover some of your college expenses. If your uncle usually earns 9% interest (annually) on his money, which is invested in various sources, what minimum lump-sum payment three years from now would make your uncle satisfied with his investment?

Answers

Answer:

$38,851 approx

Explanation:

As per the information provided in the question, the minimum annual rate of return would be at-least equal to the usual rate of return the investor (here uncle) earns. Here it is 9% per annum.

Anything earned below this rate of return will not satisfy the investor since this represents the minimum required rate of return.

A= P(1 + r)^(n)

Where A= Amount

           P= Principal

           r= Annual Rate Of Interest

           n= period of loan

Therefore, A= 30,000(1 + .09)^(3)

                  A= $38,850.87 or $38,851 approx.

Edward Lewis just received a cash gift from his grandfather. He plans to invest in a five-year bond issued by Sunland Corp. that pays an annual coupon rate of 4.5 percent. If the current market rate is 10.00 percent, what is the maximum amount Edward should be willing to pay for this bond

Answers

Answer:

$791.51

Explanation:

PMT = 45%

Fv =  -1000

N = 5

Rate = 10%

Using the Excel funtion

Bond Price = PV(45, -1000, 5, 10)

Bond Price = $791.51

Hence, the maximum amount Edward should be willing to pay for this bond is $791.51

At December 31, 2020, Sandra’s Boutique had 1850 gift certificates outstanding, which had been sold to customers during 2020 for $70 each. Sandra’s operates on a gross profit of 60% of its sales. What amount of revenue pertaining to the 1850 outstanding gift certificates should be deferred at December 31, 2020?

Answers

Answer: $129,500

Explanation:

According to the Accrual Basis in Accounting, revenue and expenses should only be recognised when goods have been delivered.

On the December 31, 2020 Sandra's Boutique had 1,850 gift certificates outstanding but these had been sold already to people during the year for $70.

This means that they have been paid for a service that they have not given (they provide the service when the GIFT certificate is renewed).

They cannot therefore recognize the revenue as Revenue yet and have to defer it.

The amount to be Deferred will therefore be,

= 1,850 * $70

= $129,500

A learning rate of 0.9 means each __________ of the cumulative output reduces unit costs by __________.

Answers

Answer:

b. 10% doubling

Explanation:

Options are "a. tripling, b. 10% doubling, c. 90% tripling, d. 90% doubling, e. 10%"

In this question, 90%(0.9) learning rate means that (1-0.9)10% unit of input is reduced each time the production is doubled. In a nutshell, the learning curve percentage represents the proportion by which the amount of an input per unit of output is reduced each time production is doubled.