Consider the relative liquidity of the following assets:a. The funds in a money market account
b. A $20 bill
c. A bond issued by a publicly traded company
d. Your car

Required:
Write down the assets in order of their liquidity, from most liquid to least liquid.

Answers

Answer 1
Answer:

Answer:

1. A $20 bill

2. A bond issued by a publicly traded company

3. The funds in a money market account

4. Your car

Explanation:

Liquidity means that how easily an asset can be converted into cash.

1. Currency is the most liquid means of medium of exchange, so $20 bill is highly liquid asset.

2. A publicly traded bond can be converted into cash within a couple of days, so it is second most liquid asset.

3. The funds invested in the money market can be withdrawn within agreed period of time which can be in months or days so it can be at seconf or third most liquid asset.

4. A car can take more than a month to locate a customer to sell it at appropriate price so it is the least liquid asset.

Answer 2
Answer:

Final answer:

The order of liquidity, from most liquid to least liquid, is: funds in a money market account, a $20 bill, a bond issued by a publicly traded company, and your car.

Explanation:

In order of liquidity, from most liquid to least liquid, the assets would be:

  1. The funds in a money market account - Money market accounts are highly liquid and can be easily accessed and withdrawn.
  2. A $20 bill - Cash is also highly liquid and can be also easily used for immediate transactions.
  3. A bond issued by a publicly traded company - Bonds are less liquid than cash but can still be sold relatively quickly on the market.
  4. Your car - Cars are generally considered illiquid assets because they cannot be easily converted into cash without a time-consuming process.

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The tragedy of the commons suggests that ________.(A) an ongoing process of give and take is based on mutual trust.
(C) mutual trust is based on an ongoing process of give and take.

Answers

Answer:

(A) an ongoing process of give and take is based on mutual trust.

Explanation:

Tragedy of the commons is a situation where individuals in a shared resource system act independently in their own self-interest. They behave in opposition to the common good and deplete shared resources.

In shared resource system there needs to be a collaborative approach between the parties to make sure resources are not exploited.

There needs to be an ongoing process of give and take based on mutual trust to sustain the system.

The concept of the tragedy of the commons has been used in sustainable development, economics, sociology, politics, taxation, and global warming.

Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion Work in process, October 1 45,000 90 % 65 % Work in process, October 31 25,000 71 % 50 % The department started 386,000 units into production during the month and transferred 406,000 completed units to the next department. Required: Compute the equivalent units of production for October.

Answers

Answer:

The equivalent units of production for October are :

Raw Materials = 423,750

Conversion Costs = 418,500

Explanation:

Calculation of Equivalent Units of Production

1. Raw Materials

Ending Work In Process Inventory (25,000 × 71%)          17,750

Completed and Transferred (406,000 × 100%)           406,000

Equivalent Units of Production for Materials                 423,750

2. Conversion Costs

Ending Work In Process Inventory (25,000 × 50%)        12,500

Completed and Transferred (406,000 × 100%)           406,000

Equivalent Units of Production for Materials                 418,500

Which of the following statements about nonverbal communication is false? Select one: (A) Mastering nonverbal signals will allow you to "read someone like a book." (B) Nonverbal signals can be used to assert both authority and intimacy. (C) A person's voice carries both intended and unintended nonverbal cues. (D) Facial expressions are a primary means of conveying emotions.

Answers

Answer:

(A) Mastering nonverbal signals will allow you to "read someone like a book."

Explanation:

Nonverbal communication refers to all the ways peop`le can communicate without using language like:

  • tone of voice
  • gestures
  • posture
  • eye contact
  • body language

It is more probably that people inccur into nonverbal language without know they do so. In most of the time is unconsciosly

Anyway, mastering will not allow you to fully understand people entirely, people are different and they can expresse something but think different. And this is also applicable to nonverbal communication.

Answer:

The false statement is Mastering nonverbal signals will allow you to "read someone like a book."

Explanation:

Nonverbal signals tell us a lot about a person and his behavior and personality, but we cannot say that triumphing can let us flip through someone like a book.

Most of the time, nonverbal signals are inadequate without verbal communication, and nonverbal signals don't tell us with assurance regarding anything.

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The Kilp Sisters Trust is required to distribute $60,000 annually equally to its two income beneficiaries, Clare and Renee. If trust income is not sufficient to pay these amounts, the trustee can invade corpus to the extent necessary. During the current year, the trust generates only taxable interest income and records DNI of $160,000; the trustee distributes $30,000 to Clare and $150,000 to Renee. a. How much of the $150,000 distributed to Renee is included in her gross income? $.
b. How much of the $30,000 distributed to Clare is included in her gross income? $ is included in her gross income.
c. The distributions which are composed of trust accounting income that is required to be distributed currently come under .

Answers

Answer:

a)

Results for Renee are as follows:

After the first tier distributions ($60000/2 = $30000 to each income beneficiaries) are accounted for, $100000 DNI remains to be assigned to the beneficiaries on the second tier ($160000 DNI - $60000 DNI used for first tier distribution).

                 Amount received          DNI received = Gross income,

                                                                          portfolio income

First tier             $30,000.00                       $30,000.00                                                                            

Second tier     $1,20,000.00                        $ 1,00,000.00                                                                      

Total            $1,50,000.00                           $ 1,30,000.00                                                                      

b)

Results for Clare are as follows:

                          Amount received       DNI received = Gross income,

                                                                          portfolio income

First tier                $30,000.00                         $ 30,000.00                                                                      

Second tier            $ -                                              $ -                                                                                            

Total                 $30,000.00                           $ 30,000.00    

       

c)

The distributions which are composed of trust accounting income that is required to be distributed currently come under First Tier Distribution.                                              

What is your standard deviation of demand during lead time if your average lead time = 5 days, standard deviation of demand = 4, average demand is 12, and standard deviation of lead time is 1.2 days.

Answers

Answer:

4.47

Explanation:

The computation of the standard deviation of lead time is shown below:

= √lead time × standard deviation of demand

= √ 5 days × 4

= √20

= 4.47

We simply applied the above formula to determine the standard deviation of demand during lead time

Hence, all the other items would be ignored

Final answer:

The standard deviation of demand during lead time, given an average lead time of 5 days, standard deviation of demand of 4, average demand of 12, and standard deviation of lead time of 1.2 days, can be calculated using a specific formula. The result after substituting the given values into the formula and simplifying is approximately 15.9.

Explanation:

The standard deviation of demand during lead time can be determined using the formula for the standard deviation, which states that the standard deviation of demand during lead time is the square root of (Average lead time * (standard deviation of demand)^2) + (average demand^2 * (standard deviation of lead time)^2).

So you would plug in the given values:
√[(5 * (4)^2) + ((12)^2 * (1.2)^2)]
= √[80 + 172.8]
= √252.8
≈ 15.9

So the standard deviation of demand during lead time is approximately 15.9.

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Joe verbally contracts with Delia to sell his farm to Delia. They do not sign a contract, but Delia takes possession, makes a down payment, and starts making monthly payments. This is evidenced by the down payment check, several monthly checks, and emails. Joe decides after several months to sell his farm to Eli. They sign a contract. If Delia objects to the second sale: __________a. Della will lose because he did not sign a contract.
b. Delia will lose because the second contract win writing.
c. Delta will win because he partially performed and he can demonstrate the agreement by writings.
d. Delia will becuse he's not merchant

Answers

Answer:

a. Della will lose because he did not sign a contract.

Explanation:

The UCC are a set of guidelines that is used for trade transactions to resolve disputes and ensure equity between the buyer and seller.

There are various criteria used to qualify a valid transaction. One of them is that for a non movable asset, it's sale must be under a written contract.

A verbal contract will not suffice and is not binding.

In this scenario where Joe verbally contracts with Delia to sell his farm to Delia, they did not sign a contract and makes a down payment. But Joe decides after several months to sell his farm to Eli.

Since there is no written contract if Delia objects to the second sale she will lose

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