$$ Consider that we pick 15 recent graduates as our sample. (Check all that apply.). By how much will the change in K9 WebbWear's debt ratio affect its ROE? They are most likely looking at, 103. The legal owners of publicly traded companies are called ______. What is the primary difference between a merchant wholesaler and an agent? WebThe government estimates the total budget cost of spending measures taken in response to the pandemic at DZD 238 bn for 2020 and the first four months of 2021. BMW is planning to build a large plant where it can manufacture thousands of identical carbon fiber parts and then distribute these parts to its automobile manufacturing plants for incorporation into BMW vehicles. However, China is also an inexpensive place to manufacture clothing, and in spite of its announcement, Levi did not stop making clothing in China. A) It produces hundreds of products for a wide range of markets. Zero. In Maslow's theory, the need to belong to informal social groups both on and off the job is an example of _____ needs. E) Most of its business comes from commercial | Cost of additional land grading | 167,200 | b) life data rate. The three most commonly used liquidity ratios are the current ratio, the quick (or acid-test) ratio, and the cash ratio. In deciding the level of debt versus equity financing to hold on the balance sheet, managers must consider the trade-off between maximizing cash flows to the firm's stockholders versus the risk of being unable to make promised debt payments. C. is about half the size of the population of the United States. In which stage of the product life cycle are you most likely to find the manufacturer using a line extension strategy? b. B. the amount of labor that must be used to produce one unit of any product. As some firms grow in size their unit costs begin to fall because of:, Large firms have lower unit costs than small firms because these fixed costs are spread more thinly over higher sales volumes. Prepare a Trial Balance to verify that the accounting system is in balancetotal debits should equal total credits. Asset Management and Debt Management Ratios Use the following information to complete the following balance sheet. D. dividends paid minus net new equity raised. WebProp 30 is supported by a coalition including CalFire Firefighters, the American Lung Association, environmental organizations, electrical workers and businesses that want to improve Californias air quality by fighting and preventing The company also records the following additional costs: Which of the following is NOT one of the five Ps? Cash equivalent \ The most important reason that a firm might use a sales force forecasting survey to determine its sales forecast is, 134. Use the DuPont equation to determine how the change in Marly Brown's debt ratio will affect its internal growth rate. c. When the fund is replenished, the Petty Cash fund account is debited. But liquid assets generate little, if any, profits for the firm. WebAccording to the foundation's Workplace Surveillance Project the low cost of snooping technology is the main reason why employers are employing a _____approach to management. Sustainable Growth Rate You have located the following information on Webb's Heating & Air Conditioning: Debt ratio is 54 percent, capital intensity is 1.10 times, profit margin is 12.5 percent, and the dividend payout is 25 percent. WebSustainable Growth Rate You are considering investing in Annie's Eatery. Each piece of furniture he makes is unique. The two types of distribution channels are: Compassion International is a nonprofit organization dedicated to releasing poor children from spiritual, economic, social and physical poverty. Managers and investors often use PE ratios to evaluate the relative financial performance of the firm's stock. Once the steers are butchered according to the agreed upon method, butchers are able to provide one customer with a 2-inch thick T-bone steak and another with thin pieces of steak for making fajitas. D) Most of its business comes from final consumers. It plans to demolish Building 1 and build a new store in its place. This is an example of a: At the optimal quantity of a public good: Suppose that the Anytown city government asks private citizens to donate money to support the town's annual holiday lighting display. XYZ Company has $20,000 of dividends in arrears. Web6. The parent company also operates retail clothing stores under the name Hollister, which are targeted to 14- to 18-year-olds and under the name Abercrombie, which sell children's wear. B. the amount of labor that must be used to produce one unit of any product. The Home Depot Rewards MasterCard and The Home Depot Business Rewards MasterCard allows consumers and business owners earn rewards for everyday purchases. He only makes one piece of furniture at a time. 102. Web(a) Contracts resulting from sealed bidding shall be firm-fixed-price contracts or fixed-price contracts with economic price adjustment. Which of the following is an example of an individual factor that influences Bil Naggin's decision to buy a Sharps black powder cartridge rifle? Which of the following is NOT a current trend in production and operations management? Which of the following would not affect the balance of the Retained Earnings account? 130. It breaks the projects into a sequence of events and smaller tasks. A product is any good or service, along with its perceived attributes and benefits, that satisfies wants. Which of the following would be a likely variable for segmenting the market for this new model? Fourteen million office workers in the US have their online activities under constant surveillance, according to the Denver-based Privacy Foundation. By _____ these tasks, Taco Bell can keep its overhead low and concentrate its resources on taking customer orders and assembling food. T/F: The adjusted book balance and the adjusted bank balance must equal each other on a bank reconciliation; otherwise, the cash account is not reconciled. Calculate the adjusted cash balance per the books of XYZ Co. given the following information. Why is it important to know a firm's accounting rules before making any conclusions about its performance from ratios analysis? and that her money will earn 5 percent per year. ** legitimate services lobbyists often perform for their allies on Capitol Hill The pouch is visible through a window in the external packaging. Web6. Indicate the respective effects of the declaration of a cash dividend on the following balance sheet sections: Which of the following statements about dividends is not accurate? Which of the following is not a significant date with respect to dividends? 91. D. the amount of one product that must be given up to produce one more unit of another product. The forecasting method that utilizes a firm's historical sales data to find patterns in the firm's sales volume over time is. In the last two years, BMW AG, the Bavarian auto maker, has developed a car made primarily from carbon-fibers that is not only light and fast, but also fuel efficient. For a product that has a large economic value, a firm can choose to charge the same price as competitors in order to ______. Write the number in scientific notation. There are numerous office supplies manufacturers. A MESSAGE FROM QUALCOMM Every great tech product that you rely on each day, from the smartphone in your pocket to your music streaming service and navigational system in the car, shares one important thing: part of its innovative design is protected by intellectual property (IP) laws. His company would most likely find possible markets through, 81. Lumber mills are located near the forests in the Northwest to save shipping costs and to be near their raw material. Cash makes up 10 percent of the current assets and accounts receivable makes up another 40 percent of current assets. Cash dividends paid 2,000 Generally, the higher the market-to-book and PE ratios, the better the firm's performance. Often, the Delphi technique is used in conjunction with an expert forecasting survey. An Inc. stipulates the exact number of shares the corporation is willing to authorize. Plan a presentation to convince a local firm to sponsor a community activity in your neighborhood. Cash received from issuing bonds payable 40,000 - the cost assigned to the land excludes the cost of the old building. That is, it wants to turn inventory over as quickly as possible. _____ is the technology involved in designing, constructing, and operating computer-controlled machines that can perform tasks independently. A. Liquidity and Asset Management Ratios Mandesa, Inc., has current liabilities of $8 million, current ratio of 2 times, inventory turnover of 12 times, average collection period of 30 days, and credit sales of $64 million. _____ is the expansion of the number of tasks and variety of tasks performed by a worker. D. Financial allocation. The sales prediction technique based on the correlation between sales and other factorssuch as population density, per capita income, or family sizeis. | | | | Long-term debt | $44,000 |$39,000 | The board of directors of Yancey Company declared a cash dividend of $1.50 per share on 42,000 shares of common stock on July 15, 2014. To measure firm-level competitive advantage, a company must ______. Web116. The goal in environmental scanning is to gather internal environmental data to identify future market opportunities and threats. Similarly, firms end their fiscal years at different dates. She is assigned new jobs every few months so she can learn all aspects of her company's operations. Which of the following is an example of an advertising medium? For each account on this companys balance sheet, show the change in the account during 2015 and note whether this change was a source or use of cash. The ProMark Company manufactures and sells only one type of ballpoint pen at just one price. Quality control is not being maintained when an airline engages a contractor to work on an engine, who in turn signs up a subcontractor to work on one part of the engine. Based on this information, you know that Disney relies on _____ theory to motivate its employees. Economies of scale is the cost advantage that arises with increased output of a product. The franchising of fast-food restaurants would be an example of how a private business: When the government bails out failing banks, it creates a moral hazard problem; but when the government bails out homeowners who are defaulting, there is no moral hazard problem. _____ is a system that would note how a possible strike in an Evanston, Indiana, plant will threaten supplies of a needed component part as well as how customer growing preference for time-saving devices such as the company markets and use this information in production planning. The cost to air a single 30 second ad on a major broadcast network during prime time averages well over $100,000 and be much higher for popular shows. saves by the same percentage as her salary increases. (4) Sales and expenses vary throughout the year. _____ has a group think of as many ways as possible to generate new-product ideas, vary a product, or solve a problem. |JFW1 |6,330| $ 10 |$ 11| What amount does Hansen stand to lose? Common stock 20,000 145. WebWe call this the cost of capital. Prestige pricing is the pricing strategy of selling a new product at a low price in hopes of achieving a large sales volume and prestige for the product. Which of the following statements is not true about a 2-for-1 stock split? The story is already written, and a computer is used to insert the relevant information into the spaces left blanksuch as the child's name, his address, his age, his grandparents' name, etc. Market behavior is a term used to describe the actions people take in buying and using goods and services. \hline 47000 & 54000 \\ The cash in a cash register equaled $100, but the record of cash receipts/sales equaled $102. DuPont Analysis If Silas 4-Wheeler, Inc., has an ROE of 18 percent, equity multiplier of 2, and a profit margin of 18.75 percent, what is the total asset turnover and the capital intensity? This is an example of market segmentation based on variables of. Through marketing newsprint to newspaper publishers and glass manufacturers that use it in packing, International Paper segments its market based on, 99. (Check all that apply. They will most likely put this information into a _____ to show Sierra Mist's position. WebStudy with Quizlet and memorize flashcards containing terms like 1. Calculate the total amount of credits for the trial balance. What would be the most likely goal for an advertising campaign for this international organization? Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Carl S Warren, James M Reeve, Jonathan E. Duchac. C) decrease the need for conducting a job analysis. In a subscription-based business model, customers pay for ______. If the firm has a bad year and cannot make its promised debt payments, debt holders can force the firm into bankruptcy. D) Most of its business comes from final consumers. The change will not affect sales, total assets, or dividends paid; however, it will reduce the firm's profit margin to 9.85 percent. 144. A portion of the data is shown in the accompanying table. Employees are thoroughly trained and then told that they have the authority to do whatever is necessary to deal with problems on the spot in order to make customers happy. b) life data rate. D. None of these is true., Economic growth means: A. healthier citizens. A. WebStudy with Quizlet and memorize flashcards containing terms like 1. WebStudy with Quizlet and memorize flashcards containing terms like 11. Calculate the value of inventory listed on the firm's balance sheet. These needs are called _____ needs. debt competition value overhead and more. What amount does Hansen stand to lose? The major debt management ratios are the debt ratio, the debt-to-equity, the equity multiplier, the times interest earned, the fixed-charge coverage, and the cash coverage. monopolistic competition? ***Required*** Supervision b. A knowledge-based work force is qualitatively different from a skills-based work force. A group of management consultants is studying OGSI Manufacturing and its team management strategy. Which of the following statements describes an advantage that personal selling has over other forms of promotion? The taxes for the year in the amount of $2,500 have not been paid by the seller. cash + marketable securities / current liabilities. You have been able to locate the following information on the firm: Total assets are $40 million, accounts receivable are $6.0 million, ACP is 30 days, net income is $4.75 million, debt-to-equity is 1.5 times, and dividend payout ratio is 45 percent. Webb. Asset Management Ratios Tater and Pepper Corp. reported sales for 2018 of $23 million. WebStudy with Quizlet and memorize flashcards containing terms like Define / describe gross profit., Explain merchandise inventory., To compute net income for a merchandiser, you will start with net sales, subtract cost of goods sold and subtract other _____.  Just Dew It Corporation reports the following balance sheet information for 2014 and 2015. The two ways that a corporation can be classified by purpose are, The two ways that a corporation can be classified by ownership are. Roxie's year-end balance sheet shows common stockholders' equity of $35 million with 10 million shares of common stock outstanding. If Baskin-Robbins calculates that it could sell up to 25 percent of all ice cream cones sold in the United States, this percentage would represent the ice cream marketer's, 107. The five P's are product, promotion, price, people and possession. Henry is employing which forecasting method? The cash flow statement (CFS), is a financial statement that summarizes the movement of cash and cash equivalents (CCE) that come in and go out of a company. Capital budgeting. WebIn reality, the value of a share is based on its fair market value or the amount a buyer is willing to pay. B) decrease the validity coefficient. In the production of corn meal for baking, corn is ground. Discuss the price-earnings ratio and explain why it assumes particular importance among all of the other ratios we have presented. An example of nonstore retailing is the vending machine from which you purchased a soda. She wonders if the excess in the spring is an indication that births are not uniform throughout the year. D) increase the proportion of criterion variance accounted for., HPC Manufacturing has applicants $31,750 B. from multiple internal and external performance metrics. WebWe call this the cost of capital. WebStudy with Quizlet and memorize flashcards containing terms like FA, FA, FA and more. $23,500 C. $20,750 D. $23,750. A(n) _____ is a retail store that sells at prices 25 percent or more below traditional department store prices in spartan environments. Which of the following is not true of a corporation? Once Pete Jazoni's work group was selected for special attention by the management consultants, the work group's production output nearly doubled. Cellular manufacturing combines aspects of both: is accurately described by none of the above, is a complex computerized system for generating production plans. The U.S. Census Bureau in conjunction with the Bureau of Labor Statistics conducts surveys that record a wide variety of subjects. =NET INCOME AVAILABLE TO COMMON STOCKHOLDERS/SALES, =NET INCOME AVAILABLE TO COMMON STOCKHOLDERS/TOTAL ASSETS, =NET INCOME AVAILABLE TO COMMON STOCKHOLDERS/COMMON STOCKHOLDERS' EQUITY, =COMMON STOCK DIVIDENDS/NET INCOME AVAILABLE TO COMMON STOCKHOLDERS, =MARKET PRICE PER SHARE/BOOK VALUE PER SHARE, =MARKET PRICE PER SHARE/EARNINGS PER SHARE, PROFIT MARGIN X TOTAL ASSET TURNOVER X EQUITY MULTIPLIER, = ADDITION TO RETAINED EARNINGS/ NET INCOME AVAILABLE TO COMMON STOCKHOLDERS, = 1 - (ROE Xretention rate) x ( ROE X RR), Liquidity Ratios You are evaluating the balance sheet for PattyCake's Corporation. Tiffany's uses a(n) ______ strategy. A job shop uses an intermittent production process. Which of the following is not a right or preference associated with preferred stock? After an organization has determined which of the many segmentation variables it will use, the next step in the target market selection process is. Theories X and Y management styles are the result of studies by: According to Maslow, people need to feel secure, to be protected from physical harm, and to avoid the unexpected. |-----------------------------------------------------------------------------------------------------------------------|:---------:| Audit procedures c. Directing d. Planning, 2. Economic value created is the ______ the cost to produce a product/service and the amount the buyer is willing to pay for it. B. Debit Cash $100; debit Cash Over and Short $2; and credit Sales $102. Managers, analysts, and investors need to note the timing of these fund flows when performing cross-sectional analysis. The Library is a new bar in town. On January 1, the law firm paid $4,500 for five months of advertising. Which of the following statements regarding the date of a cash dividend declaration is not accurate? The industry average debt ratio is 65 percent. D. the amount of one product that must be given up to produce one more unit of another product. As an added incentive, the person with the longest record of perfect attendance is allowed to choose first from the list of "gifts." The industry average ROE is 12 percent. Multiple choice question. A Trial Balance lists each account and the account balance at the end of the accounting period. examine consumers' purchasing habits for their revealed preferences, Which of the following are elements of the social dimension of the triple bottom line? WebStudy with Quizlet and memorize flashcards containing terms like Which one of the following terms is defined as the management of a firm's long-term investments? 94. b) life data rate. He arrives at work at 7 a.m. and goes home at 3 p.m. One of Nielsen's co-workers who performs the same job as he does arrives at work at 10 a.m. and goes home at 6 p.m. Investment and funds \ **e.** power of think tanks in politics. Why? c. The $600,000 plus any personal assets the creditors demand. $$ Variables such as geographic location, type of organization, customer size, and type of product usage are used to segment ___________ markets. The major market value ratios are the market-to-book ratio and the price-earnings (or PE) ratio. Web116. What is time series analysis of a firm's operations? The lists do not show all contributions to every state ballot measure, or each independent expenditure committee True False, A public good: is characterized by rivalry and excludability. The Yellow Buttercup Law Firm prepays for advertising in the local newspaper. Any change in accounts receivable will be offset with a change in debt. The Theory Z approach emphasizes long-term employment. If no-par stock is issued without a stated value, then, If a stockholder cannot attend a stockholders' meeting, he may delegate his voting rights by means of a(n), The term residual claim refers to a stockholders' right to. The taxes for the year in the amount of $2,500 have not been paid by the seller. Which of the following is a useful tool for routing? | :--- | :---: | :---: | Presented below are selected financial statement items for Preacher Corporation for December 31, 2014. What is the sustainable growth rate? WebStudy with Quizlet and memorize flashcards containing terms like 1) What is the first step in the strategic management process? When implementing the razor-razorblade strategy, companies make their profit from ______. Manufacturing resource planning II (MRPII): _____ is the management of the production conversion process for both goods and services. Using this information, calculate Rick's ROA, Market Value Ratios Leonatti Labs' year-end price on its common stock is $35. If Dudley Hill Golf Club's common stock is currently selling at $22.50 per share, what is the book value per share and earnings per share? Understanding that 22 percent of the population buys 84 percent of the cereal products would be useful if cereal manufacturers wanted to segment its market according to: The marketing concept emphasizes a consumer orientation. Internal control policies and procedures have limitations that arise from many elements. (. What is the difference between the internal growth rate and the sustainable growth rate? (The automaker is using the carbon fiber similarly to how Audi has used aluminum.) D) Most of its business comes from final consumers. There are a lot of talented people. Which of the following sales forecasting techniques would generally be most suitable for estimating sales of a new product? This is an example of how _____ are used in association with the ______ theory. D. dividends paid minus net new equity raised. The final stage of operations management focuses on: Robots are especially useful for repetitive tasks such as cutting sheet metal and spot welding. d) maternal birth rate. How many outstanding shares of Luminarium Corporation are there? own at least one share of the company's stock. Which of the following represents the largest number of common shares? End use, price sensitivity, and brand loyalty are all _____ variables that can be used in market segmentation. If a corporation declares a 10% stock dividend on its common stock, the account to be debited on the date of declaration is. DuPont Analysis Construct the DuPont ROA and ROE breakdowns for Lake of Egypt Marina, Inc. Internal and Sustainable Growth Rates Calculate the internal and sustainable growth rate for Lake of Egypt Marina, Inc. Cross-Sectional Analysis Using the ratios from Problem 3-30 for Lake of Egypt Marina, Inc., and the industry, what can you conclude about Lake of Egypt Marina's financial performance for 2018? Yet another co-worker arrives at 9 a.m. and leaves work at 5 p.m. From this brief description, you should realize that Nielsen's employer uses: Julia Li is a low-level manager for a manufacturer of collectible plates and figurines. 64. C. dividends paid plus the change in retained earnings. Lil' Angels Kids Spa offers various treatments designed to appeal to the younger customer. Since a firm either pays its net income as dividends to its stockholders or reinvests those funds as retained earnings, the dividend payout and the retention ratios must always add to one. (b) Contracts negotiated under part 15 may be of any type or combination of types that will promote the Governments interest, except as restricted in this part (see 10 U.S.C.2306(a) and 41 U.S.C.3901).Contract types not C. is about half the size of the population of the United States. _____ is the number of different target consumers who are exposed to a commercial at least once during a specific period, usually four weeks. WebStudy with Quizlet and memorize flashcards containing terms like 1) What is the first step in the strategic management process? In an effort to forecast his firm's sales for the coming year, Henry Thompson takes sales for the last three years and calculates a growth trend. C. Capital structure. A Trial Balance lists each account and the account balance at the end of the accounting period. Cash flow to stockholders is defined as: A. cash flow from assets plus cash flow to creditors. Frederick Taylor's scientific management emphasized: The reason that Castle and Cooke processes and packages Dole pineapple products in Hawaii is more than likely because of low energy costs. Which of the following is NOT an example of a hygiene factor? Generally, a high ROE is considered to be a positive sign of firm performance. 74. Zerex markets its radiator liquid as a coolant in the South and an antifreeze in the North. _____ is the division of markets into different groups. Even though the workers have left, the same amount of work needs to be done. WebThe information is filed in a 10-K report., In general, a firm generates _____ when its cost of capital is lower than its ROIC. The firm had total assets of $9.5 million at year-end 2018. The biggest disadvantage of television advertising is cost. These employees are given ribbons of excellence, perfect attendance pins, prizes, tote bags, alarm clocks, gift certificates or movie tickets. D) increase the proportion of criterion variance accounted for., HPC Manufacturing has applicants What type of targeting strategy is the ProMark Company using? If a company extends a line of products by introducing a new product to the market, and the firm does not distinctly position this product (i.e., separately from the other products in the line), the result could be, 125. Which of the following would be an example of government intervention to correct a market failure caused by buyers having inadequate information about sellers? How do the three major liquidity ratios used in evaluating financial statements differ? Dakota's is considering loosening its credit policy such that ACP will increase to 30 days. Demonstrate the correct journal entry to create the account by choosing the correct action from those below. and more. What types of company policies or unwritten rules are in place to ensure good human relations? Abercrombie & Fitch stores are aimed at college-aged consumers. Using the breakdown approach to sales potential, estimates are made. for electric lamp makers is 2,850. Multiple choice question. (LG3-1 through LG3-5)Current ratio = 2.5 timesProfit margin = 10%Sales = $1,200mROE = 20%Long-term debt to long-term debt and equity = 55%, Ratio Analysis Use the following information to complete the balance sheet below. If a firm has more than one source which they take funds from, we need to take a weighted average of the cost of capital ($3814 million) as well as the book value of debt Book Value Of Debt The book value of debt is the total amount the company owes, which is recorded in the company's books. ** importance of political partisanship Toyota has learned that some people want sports cars, while others want vans, trucks, sedans, and economy cars. Assume nothing else on the balance sheet changes and that net working capital is positive. When selecting specific target markets, a firm should a) revert to an undifferentiated approach if the market is deemed heterogeneous. Thus, a firm's current and potential debt holders (and even stockholders) look at equity financing as a safety cushion that can absorb fluctuations in the firm's earnings and asset values and guarantee debt service payments. Frito-Lay Snack Foods is currently conducting market segmentation studies. Intuition and expediency are primary characteristics of which of the following sales forecasting methods? The firm has no preferred stock outstanding. The auditor should consider the nature, extent, and timing of the work to be performed and should prepare a False If an individual's cost of capital were 10%, he/she would prefer to receive $107 at 78. - The next major step they must take is to, 115. Calculate the value of cash and marketable securities. B. operating cash flow minus cash flow to creditors. WebStudy with Quizlet and memorize flashcards containing terms like Using multiple tests in a selection battery will likely: A) decrease the coefficient of determination. Agency cost analysis. WebA Trial Balance is also referred to as an unadjusted Trial Balance because it is prepared before adjustments. When critics of unemployment insurance claim that some of the unemployed are not exerting much effort to find jobs because of the unemployment benefits, they are referring to the moral hazard problem. an analytical method that uses the balance sheet and income statement to break the ROA and ROE ratios into component pieces, the growth rate a firm can sustain if it finances growth using only internal financing, that is, retained earnings growth, measure the relationship between a firm's liquid (or current) assets and its current liabilities, Ratios that relate the firm's stock price to its earnings and book value. What type of market segmentation strategy was Kimberly-Clark, the manufacturer of Huggies diapers, using when it introduced Poise and Depend brands for adults? Salespeople typically use brainstorming to look for sales prospects, those people who are most likely to buy the seller's offerings. The cash ratio measures the dollars of cash and marketable securities available to pay each dollar of current liabilities. If PepsiCo and Coca-Cola use celebrities to challenge the taste of the other firm's cola, this is referred to as ___________ positioning. Accounting data focus primarily on tangible assets. (5) Large firms often have multiple divisions or business units engaged in different lines of business. For most corporations, physical-distribution activities are usually the responsibility of the marketing department. Likewise, one-time events, such as a merger, may affect a firm's financial performance. 121. Describe the four types of legacies and provide examples of each. D) increase the proportion of criterion variance accounted for., HPC Manufacturing has applicants Worldwide, it reckons the number of employees under such surveillance totals around 27 million people. Prepare a Trial Balance to verify that the accounting system is in balancetotal debits should equal total credits. **2. How much would the tax proration amount to, and how would it appear on a full settlement statement? From the balance sheet you find the following balances: cash and marketable securities = $400,000; accounts receivable = $1,200,000; inventory = $2,100,000; accrued wages and taxes = $500,000; accounts payable = $800,000; and notes payable = $600,000. A firm has an ROE of 20 percent. This is an example of how a beverage company could use: A listing of the components and the number of each required to make the product is called the bill of lading. (Check all that apply.). These in-home parties typically cater to families with small children and middle- to upper-middle-class income. _____ is something that prompts an individual to release his or her energy in a certain direction. According to the efficient-market hypothesis, information about which of the following is embedded in a stock price? Which sales forecasting technique is Katy using? D. Financial allocation. These calculations, sometimes called "spreading the financial statements," yield what we call "common-size" financial statements that adjust for sizes. LotsofEquity, Inc., finances its $30 million in assets with $1 million in debt and $29 million in equity. WebChapters 1, 2, 20, and 3 Learn with flashcards, games, and more for free. What are the trade-offs to having especially high or low values for ROE? Internal Growth Rate Last year, Marly Brown, Inc., reported an ROE of 20 percent. c. The $600,000 plus any personal assets the creditors demand. This is an example of market segmentation based on. The seller and the buyer finally agreed to a purchase price of $203,500 with the closing to occur on June 15. Which of the following products is least likely to be segmented according to stages in the family life cycle? 75. Hans Guten makes furniture according to the specifications of the customer who ordered it. When evaluating market segments, assessment of competitors is important because, 112. Cash received from customers 162,000 96. 92. Allocate the costs incurred by Keona to the appropriate columns and total each column (round percents to the nearest 1%). Stock dividends and stock splits have the following effects on retained earnings: Of the four dividends types, the two most common types in practice are. Prepare a Trial Balance to verify that the accounting system is in balancetotal debits should equal total credits. Which of the following is the appropriate general journal entry to record the declaration of cash dividends? A check is drawn by the company cashier to establish the petty cash fund. b. WebThe government estimates the total budget cost of spending measures taken in response to the pandemic at DZD 238 bn for 2020 and the first four months of 2021. Cosmopolitan magazine, Secret deodorant, and Eve cigarettes are all products whose marketers have used segmentation based on, A marketer that targets customers based on marital status and the presence and age of children is using. 147. __________ describe the similarities among potential customers within a market segment and explain the differences among people in different market segments. No other balance sheet changes are expected. Microsoft pleaded for its deal on the day of the Phase 2 decision last month, but now the gloves are well and truly off. However, if performance comes from a high degree of financial leverage, a high ROE can indicate a firm with an unacceptably high level of bankruptcy risk as well. WebStudy with Quizlet and memorize flashcards containing terms like The middle class in China: A. outnumbers the entire population of the United States. When markets are comprised of people with differing product needs, the marketing manager should use a(n) ___________ strategy. B. ACCOUNTS PAYABLE X 365 DAYS /COST OF GOODS SOL.365 DAYS/ACCOUNTS PAYABLE TURNOVER. ; 147) The inventory method that will always produce the same amount for cost of goods sold in a periodic inventory system as in a perpetual inventory system would be: She plans to deposit $1,500 at the end of her first year of work, at age 25, and increase the amount she B) decrease the validity coefficient. Which of the following is true about shareholders of a public company? At Children's Hospital in Denver, good attendance is encouraged by recognizing staff members who have not missed work in the previous three months. What is the year-end 2018 balance in accounts receivable for Mr. Husker's Tuxedos? How much would the tax proration amount to, and how would it appear on a full settlement statement? Which one of the following is NOT a commonly used method for segmenting markets? WebJason Hansen has invested $600,000 in a privately held family corporation. In a retail store, a point-of-sale (POS) terminal would be used to: To stay a market leader in the confectionary industry, Jelly Belly, the jelly bean manufacturer, must keep coming up with new flavors. Abercrombie & Fitch operate: The brand name Cover Girl appeared in a young adult novel called Cathy's Book: If Found Call (650) 266-8233. Capital budgeting. WebStudy with Quizlet and memorize flashcards containing terms like When a firm buys land on which there is a building, and the building is torn down so that an appropriate new building can be constructed on the land: - any of the purchase cost allocated to the old building is reported as a loss. ), Which of the following industries use a subscription model? B. is almost equal in size to the entire population of the United States. Which of the following correctly describe the information used for comparing the performance of public companies based on accounting profitability? Why would a company use the undifferentiated strategy? | Current assets | | | Current Liabilities | | | WebStudy with Quizlet and memorize flashcards containing terms like When critics of unemployment insurance claim that some of the unemployed are not exerting much effort to find jobs because of the unemployment benefits, they are referring to the moral hazard problem. According to a recent American Accounting Association poll, 23% of students who major in accounting and graduate choose public accounting. He expects the variance of the salaries to be different between these two years. From this information, it appears that the nurses would also appreciate a _____ approach to management. Which one of the following is not necessary in order for a corporation to pay a cash dividend? The change is expected to increase credit sales by 5 percent. Web(a) Contracts resulting from sealed bidding shall be firm-fixed-price contracts or fixed-price contracts with economic price adjustment. Calculate the net income for Stumble-on-Inn last year. and The line named "Pimp Your Kicks," alluding to Xzibit's role as host of the MTV show Pimp My Ride, became available in late 2005. Calculate the sustainable growth rate for Webb. Debt Management Ratios Calculate the times interest earned ratio for LaTonya's Flop Shops, Inc., using the following information. WebAt its profit-maximizing output, this firm's price will exceed its marginal cost by ____ and its average total cost by $30; $20.50 Refer to the above data for a nondiscriminating monopolist. Which group of new segmentation variables will Bluetooth now be using? |---------------------------|:------------:|:------------:|------------------------------------------------------|:------------:|:------------:| Thus, extremely high levels of liquidity guard against liquidity crises but at the cost of lower returns on assets. **Situation** A sponsor is a person or organization that provides money to help fund an event as a form of advertising. Basing market decisions on what a product will do rather than on consumer characteristics is called benefit segmentation. 120. WebThe government estimates the total budget cost of spending measures taken in response to the pandemic at DZD 238 bn for 2020 and the first four months of 2021. Justin Franklin's company is interested in locating areas where the average income is high, the average age range is 25-35 years, and the lifestyles of the people involve extreme adventures and dangerous leisure activities. (3) A firm's cross-sectional competitors may often be located around the world; financial statements for firms based outside the U.S. do not necessarily conform to GAAP. (LG3-1 through LG3-5). WebProp 30 is supported by a coalition including CalFire Firefighters, the American Lung Association, environmental organizations, electrical workers and businesses that want to improve Californias air quality by fighting and preventing What are the three major liquidity ratios used in evaluating financial statements? C. the ratio of the prices of imported goods to the prices of exported goods. (Check all that apply.). |   Total | $90,717 |$100,617 | | | | 93. This is called: Because Straube Electronics has decided to buy terminal switches instead of producing them, Straube has made a make-or-buy decision. What are the major debt management ratios? b. The Web site O'Hare visited used _____ to make trip planning easier and more economical. A) performing internal audits B) defining the current business C) translating the mission into strategic goals D) implementing a long-term strategy, 2) During the strategic planning process, environmental scanning worksheets Agency cost analysis. Personal selling, advertising, public relations, and sales promotions are decisions made when planning the _____ strategy. The major objective is to, 136. Companies that want to meet the diverse needs of their employees by offering work-scheduling options can use: When Maslow wrote, "A musician must make music, an artist must paint, a poet must write, if he is to be at peace with himself. According to the office manager, "The billing clerk can be the receptionist if necessary; so can the surgical scheduler or the medical assistant, which helps keep operations running smoothly when someone is out, or the practice has to train someone new.". The stock split was, If the board of directors authorizes a $100,000 restriction of retained earnings for a future plant expansion, the effect of this action is to, Retained earnings are occasionally restricted, When retained earnings are restricted, total retained earnings, Placing a restriction on retained earnings will. A manufacturer that uses the intermittent process to produce special customer orders is called a: _____ charts are bar graphs that are plotted on a time line to show the relationship between scheduled and actual production. Internal Growth Rate Dogs R Us reported a profit margin of 10.5 percent, total asset turnover of 0.75 times, debt-to-equity of 0.80 times, net income of $500,000, and dividends paid to common stockholders of $200,000. These earnings may or may not materialize. Operations management refers to the role that computers play in the production process. Most markets for products are made up of individuals or groups with diverse needs for products and are called ________ markets. 89. Web116. The dividend is to be paid on August 15, 2014, to stockholders of record on July 31, 2014. Which of the following is NOT a typical task performed by a supply chain manager? Using this forecast, he determines the effect on the industry's market potential and then estimates how his company's potential sales will look based on this outlook. Public relations is the term used for any communication or activity designed to win goodwill or prestige for a company or person. As some firms grow in size their unit costs begin to fall because of:, Large firms have lower unit costs than small firms because these fixed costs are spread more thinly over higher sales volumes. Green, Inc. had 200,000 shares of common stock outstanding before a stock split occurred and 800,000 shares outstanding after the stock split. Which of the following would be considered an example of adverse selection? Which of the following are considered off-balance sheet items? Given the bank reconciliation below, show what the effect on the Cash balance in the general ledger will be by selecting all of the correct answers below. The corporation does not do well and must declare bankruptcy. The physical arrangement of a production facility is called its: The _____ is an important scheduling tool for large projects. In fact, management interference is discouraged. The cash flow statement (CFS), is a financial statement that summarizes the movement of cash and cash equivalents (CCE) that come in and go out of a company. WebStudy with Quizlet and memorize flashcards containing terms like Promotion, Promotion Mix, Advertising and more. 97. Supervision b. As some firms grow in size their unit costs begin to fall because of:, Large firms have lower unit costs than small firms because these fixed costs are spread more thinly over higher sales volumes. Managers can use equity theory to improve worker satisfaction. 76. important? WebStudy with Quizlet and memorize flashcards containing terms like In which of the following ways is GE like most other large companies? | | | | JUST DEW IT CORPORATION 2014 and 2015 Balance Sheets | | | Which of the following dimensions make up the triple bottom line? Buildings 400,000 Low PE firms are generally companies with little expected growth or low earnings. Brenda's current ratio is 2.1 times. |Item|Inventory
Quantity|Unit
Cost Price|Unit
Market Price| D. None of these is true., Economic growth means: A. healthier citizens. The clerk is engaged in: _____ is the breaking down of large shipments of similar merchandise into smaller, more usable quantities that can be sold to consumers and end users. Thus, the higher the liquidity ratios, the less liquidity risk a firm has. Lil' Angels offers its services only to girls under the age of 14. Guten is engaged in: Point-of-sale (POS) terminals would NOT be helpful in which of the following businesses? No other balance sheet changes are expected. WebStudy with Quizlet and memorize flashcards containing terms like When a firm buys land on which there is a building, and the building is torn down so that an appropriate new building can be constructed on the land: - any of the purchase cost allocated to the old building is reported as a loss. Age, rate of product use, location, and gender are all examples of common. - Explain the purpose of the community activity, its audience, and potential attendance figures. The process that products go through as they pass through their introduction, growth, maturity, and decline stages is called the: What do the United Way, the Sierra Club, the Girl Scouts of America, and the American Red Cross have in common? The company realizes that some changes may be needed. **1. A disadvantage of the concentrated targeting strategy is that. Disney World is the epitome of customer service and empowerment. Cash deposits made by the account owner. **3. The primary segmentation variable used in this example is. C. the ratio of the prices of imported goods to the prices of exported goods. PE ratios are often quoted in multiplesthe number of dollars per sharewhich fund managers, investors, and analysts compare within industry classes. When Clorox targets heavy users of bleach, it is using volume segmentation. D. None of these is true., Economic growth means: A. healthier citizens. The lists do not show all contributions to every state ballot measure, or each independent expenditure committee This is an example of". WebStudy with Quizlet and memorize flashcards containing terms like Define / describe gross profit., Explain merchandise inventory., To compute net income for a merchandiser, you will start with net sales, subtract cost of goods sold and subtract other _____. d. The petty cashier is responsible for making payments from the petty cash fund. Which of the following statements concerning taxation is accurate? When an operations manager engages in _____, he or she has purchased raw material or component parts on the Internet. C) decrease the need for conducting a job analysis. This situation describes: The 2010 Health Care Reform Law, also known as "Obamacare", includes a part known as universal coverage which requires everyone to have health insurance. Taco Bell fast-food restaurant does not chop the lettuce and tomatoes and grate the cheese used to make its menu items, but hires someone outside the restaurant to perform these tasks. Assuming that the citizens of Anytown enjoy the lighting display, the request for donations suggests that: A negative externality or spillover cost occurs when: Credit bureaus provide credit histories to banks and insurance companies, in order to help deal with the problem of: Refer to the graph above. What cautions should managers and investors take when using ratio analysis to evaluate a firm? Distribution channels reduce the number of transactions needed to get the product from the manufacturer to the consumer. Does a firm generally want to have high or low liquidity ratios? Which of the following is NOT an argument for a positive rate of inflation? C. Petty cash is debited for $200; Cash is credited for $200. 139. In the context of marketing, cannibalization means, 126. | **Assets** | | | **Liabilities and Owner's Equity** | | | Kelly's Kids is a home-based business that sells high-quality children's clothing at premium prices using in-home parties. WebStudy with Quizlet and memorize flashcards containing terms like Which one of the following terms is defined as the management of a firm's long-term investments? Cash paid to suppliers 154,000 Which of the following is an example of a behavioristic segmentation variable? The new bar has also priced its beer at $3 less per pitcher than its competition. Fundamentals of Financial Management, Concise Edition, Marketing Essentials: The Deca Connection, Carl A. Woloszyk, Grady Kimbrell, Lois Schneider Farese, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield. Total quality management says that quality is the responsibility solely of the production and shipping departments. Cross-sectional analysis involves a comparison of one firm's ratios relative to the ratios of other firms in the industry. The corporation does not do well and must declare bankruptcy. Tater and Pepper listed $5.6 million of inventory on its balance sheet. It gives managers, analysts, and investors information about whether a firm's financial condition is improving or deteriorating. The _____ offered was not enough to convince DaimlerChrysler that the Georgia site was a good location for its factory. With ____, when a part is redesigned in the computer-aided design system, the changes are quickly transmitted both to the machines producing the part and to all other departments that need to know about and plan for the change. The forecasting techniques that assume past sales patterns will continue into the future are all variations of, 137. Any group of people who, as individuals or as organizations, have needs for products in a product class and who have the ability, willingness, and authority to buy such products is a(n). At three-month intervals, at staff meetings, the names of those who have not missed work that quarter are announced. |  Inventory | 51,163 | 56,295 |   Total | $62,939 |$66,442 | For instance, pricing a musical act at $20,000 when a small community arts center can get just as great an entertainment experience for its audience for $5,000 is an example of: _____ involves creating a unique marketing mix for every consumer. What do Gantt charts and PERT charts have in common? c) choose all segments that are determined to be profitable for the organization. C & H will most likely use a(n) ___________ approach in defining a target market. The acquisition of treasury stock by a corporation, Treasury stock should be reported in the financial statements of a corporation as a(n), A company would not acquire treasury stock, The number of shares of issued stock equals, Treasury shares plus outstanding shares equal. Asset Management Ratios Mr. Husker's Tuxedos Corp. ended the year 2018 with an average collection period of 32 days. c) natural increase rate. The total volume of a product, for all firms in an industry, that would be purchased by specific customer groups within a specified time period at a given level of industry-wide marketing activity, is the, 104. at age 24. Which of the following is NOT a type of retailer? his desire to experience what it was like to be a Civil War soldier. When a marketer is engaged in the target market selection process and has assessed relevant market segments by considering such factors as sales estimates, competition, and estimated costs, the marketer is ready for the next step, which is to, 116. When research indicated that Bluetooth's products were not reaching the correct target market, marketers of Bluetooth decided to change from demographic segmentation to psychographic segmentation. Up to his total investment of $600,000. Key to cross-sectional analysis is identifying similar firms in that they compete in the same markets, have similar asset sizes, and operate in a similar manner to the firm being analyzed. Estimating the cost of entering a market and focusing on a specific target segment is important because, 113. ; 147) The inventory method that will always produce the same amount for cost of goods sold in a periodic inventory system as in a perpetual inventory system would be: a. C. the ratio of the prices of imported goods to the prices of exported goods. Describe what a petty cash fund is by completing the following sentence. The goal of his promotion was most likely to: Independent wholesalers that buy goods from manufacturers on their own account and then resell them to other businesses are: Information Technology Project Management: Providing Measurable Organizational Value, John David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine. c) choose all segments that are determined to be profitable for the organization. Webb. ** Prepare a single journal entry to record all the incurred costs assuming they are paid in cash on January 1, 2011. 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