Which of the following accurately describe depreciable cost? i. The amount of cost a company intends to depreciate over the life of the asset? ii. The acquisition cost of the asset. iii. The fair market value of the asset iv. The acquisition cost of the asset less the salvage value.

Answers

Answer 1
Answer:

Answer:

(i) and (iv)

Explanation:

The appreciable cost is the cost in which the assets can be depreciation over the useful life

And, the appreciable cost is come after deducting the salvage value from the acquisition cost      

The formula to compute the depreciation expense using the straight-line method is shown below:

= (Original cost - salvage value) ÷ (useful life)

So it can be calculated after considering the first and four options


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A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 8 percent. This firm is earning $15 on every $150 invested by its founders.Instructions: Enter your answers as whole numbers.a. What is its percentage rate of return? percent.b. Is the firm earning an economic profit? .If so, how large? percent.c. Will this industry see entry or exit? .d. What will be the rate of return earned by firms in this industry once the industry reaches long-run equilibrium? percent.

In a press conference, the president of a small country displays a chart showing that GDP has risen by 10 percent every year for five years. He argues that this growth shows the brilliance of his economic policy. However, his chart uses nominal GDP numbers. This chart might be wrong because it: is rare for GDP to increase by the same amount for five years. only uses five years of information. relies on nominal GDP which might have increased because of price increases and not output increases. relies on nominal GDP which might have increased because of output increases and not price increases. If you were a reporter at the press conference, to get a more accurate picture of the country’s economic growth you should ask for the: unemployment rate which reflects changes in international flows. growth rate of real GDP which excludes price changes. growth rate of real GDP which includes price changes. inflation rate which includes price change.

Answers

Answer:

a) the correct answer is "B"

b) the correct answer is "C"

Explanation:

a) the correct answer is "B"

relies on nominal GDP which might have increased because of price increases and not output increases. As nominal GDP accounts for the price and it is calculated at the current price level. The answer is "B".

b) the correct answer is "C"

We can ask for growth rate of real GDP which excludes price change.

 

When an organization hires new employees, there may be no more important part of that process than the organizational socialization process. This process takes place over 3 steps or phases; a. anticipatory socialization—those activities that take place prior to the first day on the job;
b. encounter—where the newcomer learns what the organization is really like; and
c. change and acquisition—where members master important tasks and roles.
d. This process can be achieved through a variety of processes and tactics.
e. This exercise will challenge your understanding of some of the characteristics of these tactics and processes.

Answers

Answer: The correct answers are "a. anticipatory socialization—those activities that take place prior to the first day on the job;", "b. encounter—where the newcomer learns what the organization is really like;" and  "c. change and acquisition—where members master important tasks and roles.".

Explanation: The 3 steps or phases of the organizational socialization process are:

1) Anticipatory socialization: those activities that take place prior to the first day on the job;

2) Encounter: where the newcomer learns what the organization is really like;

3) Change and acquisition: where members master important tasks and roles.

Barton's Taco Tico has four taco makers and ten other employees who take orders from customers and perform other tasks. The four taco makers and the other employees are paid an hourly wage. How would you classify (1) the wages paid to the taco makers and other employees and (2) materials (e.g., cheeses, salsa, tomatoes, lettuce, taco shells, etc.) used to make the tacos?A Fixed Cost Fixed B Fixed Cost Variable
C Variable Cost Fixed
D Variable Cost VariableA) Choice C B) Choice D C) Choice A D) Choice B

Answers

Answer:

The correct answer is letter "B": Choice D.

Explanation:

Fixed costs are business expenses that do not change when production levels increase or decrease. These are one of two types of business expenses and the other is variable costs. Variable costs change with increases or decreases in production volume. Then:

1)The wages paid to the taco makers and other employees - Variable Costs

2)Materials (e.g., cheeses, salsa, tomatoes, lettuce, taco shells, etc.) used to make the tacos - Variable Costs

The rate on T-bills is currently 5%. P. Tree Company stock has a beta of 1.69 and a required rate of return of 15.4%. According to CAPM, determine the return on the market portfolio.

Answers

Answer:

11.15%

Explanation:

Given that

Risk free rate of return= 5%

Beta = 1.69

Expected rate of return = 15.4%

As per capital asset pricing model

Expected rate of return = Risk free rate of return + Beta × (Market rate of return - risk free rate of return)

15.4% = 5% + 1.69 × (Market rate of return - 5%)

After solving this

Market rate of return = 11.15%

Two different forecasting techniques (F1 and F2) were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are as follows: PREDICTED DEMAND

Period Demand F1 F2
1 68 63 66
2 75 70 67
3 70 75 70
4 74 69 72
5 69 70 73
6 72 68 75
7 80 70 77
8 78 74 84

Required:
Compute MAD for each set of forecasts. Given your results, which forecast appears to be more accurate

Answers

Answer:

Kindly check explanation

Explanation:

Given the data:

Period Demand F1 F2

1 68 63 66

2 75 70 67

3 70 75 70

4 74 69 72

5 69 70 73

6 72 68 75

7 80 70 77

8 78 74 84

Mean absolute deviation (MAD) for F1:

P___Demand(D) __F1__F2___|D - F1|___|D-F2|

1____ 68 _______63 __66____5______ 2

2____75_______ 70__ 67____ 5______ 8

3____70_______ 75__ 70____ 5______ 0

4____74_______ 69__ 72____ 5______ 2

5____69_______ 70__ 73____ 1______ 4

6____72_______ 68__ 75____ 4______3

7____80_______ 70__ 77____ 10 _____3

8____78_______ 74__ 84____ 4______6

Mean absolute deviation (MAD) For F1 :

Σ(|D - F1|)/n :

(5 + 5 + 5 + 5 + 1 + 4 + 10 + 4) / 8

= 39 / 8

= 4.875

Mean absolute deviation (MAD) For F2 :

Σ(|D - F2|)/n :

(2 + 8 + 0 + 2 + 4 + 3 + 3 + 6) / 8

= 28 / 8

= 3.50

F2 seems to be more accurate has it has a Lower MAD value

Final answer:

To determine which forecast is more accurate between F1 and F2, the Mean Absolute Deviation (MAD) for each was calculated. It was found that Forecast F2, with a lower MAD of 3.75 compared to F1's 5.25, is the more accurate forecast.

Explanation:

The subject of this examination pertains to a field in mathematics known as forecasting. The Mean Absolute Deviation (MAD) is a commonly used method to measure the accuracy of forecast predictions. It is computed by taking the absolute value of the actual demand minus the forecasted demand, and then finding the average of these absolute differences over a specific period.

For F1: |68-63| + |75-70| + |70-75| + |74-69| + |69-70| + |72-68| + |80-70| + |78-74|. When you calculate these absolute differences and then divide the sum by 8 (number of periods), you get a MAD of 5.25.

For F2: |68-66| + |75-67| + |70-70| + |74-72| + |69-73| + |72-75| + |80-77| + |78-84|. Similarly, calculate these absolute differences and divide the sum by 8, you get a MAD of 3.75.

Given the results, the F2 forecast appears to be more accurate as it has a smaller MAD.

Learn more about Forecast Accuracy here:

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If the potential customers belong to the same segment, display comparable characteristics, and choose the same product qualities consistent with their segment, then which condition for the ideal market segment approach should be used

Answers

Answer: internally homogenous

Explanation:

Since the potential customers belong to the same segment, display comparable characteristics, and choose the same product qualities that are consistent with their segment, then the condition for the ideal market segment approach which should be used is the internally homogeneous.

On the other hand, if the potential customers are in different segments, have different characteristics, and choose different product qualities, then the externally homogeneous will be ideal.

internally homogenous

Other Questions
Evergreen Company sells lawn and garden products to wholesalers. The company’s fiscal year-end is December 31. During 2021, the following transactions related to receivables occurred:Feb. 28 Sold merchandise to Lennox, Inc., for $10,000 and accepted a 10%, 7-month note. 10% is an appropriate rate for this type of note.Mar. 31 Sold merchandise to Maddox Co. that had a fair value of $7,200, and accepted a noninterest-bearing note for which $8,000 payment is due on March 31, 2022.Apr. 3 Sold merchandise to Carr Co. for $7,000 with terms 2/10, n/30. Evergreen uses the gross method to account for cash discounts. 11 Collected the entire amount due from Carr Co. 17 A customer returned merchandise costing $3,200. Evergreen reduced the customer’s receivable balance by $5,000, the sales price of the merchandise. Sales returns are recorded by the company as they occur. 30 Transferred receivables of $50,000 to a factor without recourse. The factor charged Evergreen a 1% finance charge on the receivables transferred. The sale criteria are met.June 30 Discounted the Lennox, Inc., note at the bank. The bank’s discount rate is 12%. The note was discounted without recourse.Sep. 30 Lennox, Inc., paid the note amount plus interest to the bank.Required:1. Prepare the necessary journal entries for Evergreen for each of the above dates. For transactions involving the sale of merchandise, ignore the entry for the cost of goods sold.2. Prepare any necessary adjusting entries at December 31, 2021. Adjusting entries are only recorded at year-end.3. Prepare a schedule showing the effect of the journal entries on 2021 income before taxes