Subprime lending is thought to be a contributing factor to the recent housing bubble. Which is an example of subprime lending

Answers

Answer 1

Considering the recent housing bubble analysis, the example of subprime lending is Bradley is a first-time homebuyer who does not have enough money for the usual 20% required for a down payment. Nonetheless, a bank offers Bradley a loan because his income is sufficient and home prices have increased.

This is because subprime lending is a type of lending whereby the lender lends money to borrowers with low credit ratings.

Also, it should be noted that Above-average interest rates characterize subprime lending.

Given that Bradley can not afford the usual 20% required for a down payment, this shows he is a borrower with low credit ratings.

Hence, in this case, it is concluded that the correct answer is option A.

The available options are the following:

A. Bradley is a first-time homebuyer who does not enough money for the usual 20% required for a down payment. Nonetheless, a bank offers Bradley a loan because his income is sufficient and home prices have historically increased.

B. Jurgen wants to purchase a home and is hoping to minimize his monthly mortgage payments. The bank offers Jurgen an adjustable rate loan which has a lower initial rate but will potentially increase in the future.

C. Chris is a real estate tycoon. He owns many homes and apartment complexes. Because he owns so many properties, he is particularly vulnerable to fluctuations in the real estate market. His bank is willing to loan him more money despite this risk.

D. Vincenzo does not have sufficient income to afford the payments on the mortgage for which he is applying. However, Vincenzo\'s older and wealthier girl friend has agreed to co-sign the loan. The bank agrees to loan Vincenzo more than he can afford to repay because of existence of his co-signer.

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Related Questions

what are the important seo features ?

what are the important seo features ?

Answers

The important seo features are Keyword Research, On-Page Optimization, High-Quality and Engaging Content, Link Building, Mobile-Friendly Design, Site Speed and Performance and User Experience (UX).

While SEO is a complex and multifaceted field, there are several important features that contribute to an effective SEO strategy. Let's explore some of these features:

Keyword Research: Keyword research involves identifying the specific search terms and phrases that users are likely to use when searching for information related to your website's content. On-Page Optimization: On-page optimization refers to optimizing individual web pages to make them more search engine-friendly. This includes optimizing title tags, meta descriptions, headers, URLs, and incorporating relevant keywords naturally within the content. High-Quality and Engaging Content: Creating high-quality, informative, and engaging content is crucial for SEO. Search engines prioritize content that provides value to users.Link Building: Link building involves acquiring high-quality backlinks from other reputable websites. Backlinks act as "votes of confidence" for your website, indicating to search engines that your content is trustworthy and authoritative. Mobile-Friendly Design: With the increasing use of mobile devices for internet browsing, having a mobile-friendly website is essential. Site Speed and Performance: Website speed and performance play a vital role in SEO. Search engines prioritize delivering fast and efficient user experiences.User Experience (UX): Providing a positive user experience is critical for SEO success. Factors such as easy navigation, clear site structure, intuitive design, readable fonts, and engaging multimedia elements contribute to a better user experience.

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if your credit card is $10,275 and you pay the full balance before the bill is due, how much will you pay in interest

Answers

$0 hope that helps!!!!!

Answer:

you do not pay interest on any money that does not carry over till the next month. if your balance is zero theres no interest

Explanation:

you only pay on a balance the % per dollar to the card . so if the card charges 10% on 100$ if your balance is 100$ you will owe 110$ on your next billing cycle

The sovereign rating for Vietnam is B2 (with a default spread of 5%), the standard deviation in the Vietnamese equity index is 30% and the standard deviation in the Vietnamese government bond is 24%. If the premium for a mature market (say, the US) is 5.5%, estimate the total equity risk premium for Vietnam.

Answers

Answer:

The total equity risk premium for Vietnam was 11.13 as of January 1st, 2023 according to Damodaran Online. The total equity risk premium starts with a mature market premium and adds a country risk premium based on the risk of the country in question. The country risk premium for Vietnam is estimated to be 5%.

Given that the premium for a mature market (say, the US) is 5.5%, we can estimate the total equity risk premium for Vietnam as follows:

Total Equity Risk Premium = Mature Market Premium + Country Risk Premium Total Equity Risk Premium = 5.5% + 5% Total Equity Risk Premium = 10.5%

Therefore, the estimated total equity risk premium for Vietnam is 10.5%.

I hope this helps!

Explanation:

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average manufacturing overhead cost per unit usually varies from one period to the next because blank . multiple choice question. variable overhead costs per unit vary when production changes the makeup of manufacturing overhead changes from period to period fixed manufacturing overhead remains constant in total even when production changes

Answers

The average manufacturing overhead cost per unit often varies from one period to the next for the reasons listed below: Even when production changes, fixed manufacturing overhead maintains its total value constant.

What is meant by average cost?The calculation of the average cost involves dividing the total arithmetic cost by the quantity or number of items provided. Below is the formula for calculating the average cost.As stated in the definition of average cost, it is the proportion of total cost to the quantity of manufactured goods. The sum of the fixed cost and the variable cost is referred to as the total cost, which is also known as the unit cost. As a result, Average Cost is calculated as Total Cost/Number of Units or (Fixed Cost + Variable Cost)/Number of Units.The total inventory purchased during the quarter, $113,300, is divided by the total inventory count during the quarter, 100, yielding a weighted average cost of $1,133 per unit.

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Volatile price changes, technological changes, and government intervention are what type of risks?

Answers

Volatile price changes, technological changes, and government intervention are external risks that can impact a company's operations and performance.

What are Volatile price changes

Volatile price changes refer to fluctuations in input or product prices, which can affect profitability and cost structure. Technological changes can introduce advancements or disrupt an industry, requiring companies to adapt to avoid becoming obsolete.

Government intervention, through regulatory changes or policies, can create uncertainties and challenges for companies, affecting operations, costs, and market access.

To mitigate these risks, companies should implement risk management strategies such as diversification, contingency planning, staying informed about market trends, investing in R&D, and engaging with government stakeholders.

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Which challenge leads to development of incorrect features and functionalities in IS?
A.
end user resistance
B.
quality issues
C.
lack of documentation
D.
project completion constraints

Answers

Answer:D

Explanation:

HELP ASAP:
In the open market, oil shares are an example of:
A. finance.
B. accounting.
C. a commodity.
D. a security.

Answers

Answer:

C. A commodity

Explanation:

AK Inc. is paying 5% coupon rate for its bondholders over the next 8 years. Your required rate of return is 7 percent, how much this bond worth?

Answers

Answer: $880.57

Explanation:

Assuming Par value of bond is $1,000.

Value of bond = (Coupon * Present value interest factor of annuity, no. years, required return) + Par Value/ (1 + required return)^ no. of years

Coupon = 5% * 1,000 = $50

Value of bond = (50 * 5.9713) + 1,000 / (1 + 7%)⁸

= ‭298.565‬ + 582

= $880.57

AK Inc. is paying 5% coupon rate for its bondholders over the next 8 years. Your required rate of return

The Stone Harbor Fund is a closed-end investment company with a portfolio currently worth $310 million. It has liabilities of $3 million and 10 million shares outstanding. If the fund sells for $28 a share, what is its premium or discount as a percent of NAV

Answers

Answer: 8.79%

Explanation:

The premium or discount as a percent of NAV will be calculated thus:

NAV will be calculated as:

= (Market value of portfolio - liabilities ) / shares outstanding

= ($310 million - $3million) ÷ 10 million

= $30.7 per share.

Then, the calculation for the discount percent will be:

= (selling price - NAV) / NAV

= ($28 - $30.7) / $30.7

= ($-2.7) / $30.7

= (0.0879)

= 8.79%

Therefore, NAV is trading at discount of 8.79%

b) Find the standard deviation and the coefficient of variation of the following data. 25 Marks Interval Frequency Interval Frequency 3.00-3.25 6 4.00-4.25 47 3.25-3.50 19 4.25-4.50 29 3.50-3.75 35 4.50-4.75 15 3.75-4.00 44 4.75-5.00 5

Answers

The standard deviation is 0.4182 and the coefficient of variation is 10.5%.

Given the following data Interval Frequency 3.00-3.25 64.00-4.25 473.25-3.50 194.25-4.50 293.50-3.75 354.50-4.75 153.75-4.00 445.00-4.75 5 The formula for finding the standard deviation is:\($$ \sigma =\sqrt{ \frac{\sum f(x-\overline{x})^2}{N}} $$\)

The table below shows the calculation; Interval \($X$ Midpoint ($X_i$)\) Frequency \(($f$) $x-\bar{x}$ $f(x-\bar{x})$ $(x-\bar{x})^2$ $f(x-\bar{x})^2\)

$3.00-3.25 3.125 6 -0.725 -4.35 0.525625 3.153.25-3.50 3.375 19 -0.475 -9.025 0.225625 4.279.50-3.75 3.625 35 -0.225 -7.875 0.050625 1.773.75-4.00 3.875 44 0.025 1.1 0.000625 0.274.00-4.25 4.125 47 0.275 12.925 0.075625 3.554.25-4.50 4.375 29 0.525 15.225 0.275625 7.994.50-4.75 4.625 15 0.775 11.625 0.600625 9.01.75-4.00 4.875 5 1.025 5.125 1.050625 5.25 \($\sum f=200$  $\sum f(x-\bar{x})= 3.15$  $\sum f(x-\bar{x})^2= 35.01$\)

The variance is: \($ \sigma^2 =\frac{\sum f(x-\overline{x})^2}{N} $$\sigma^2=\frac{35.01}{200}=0.1751$\)

Therefore, the standard deviation is: \($$ \sigma=\sqrt{ \sigma^2} $$$ \sigma=\sqrt{ 0.1751}=0.4182$\)

The formula for finding the coefficient of variation is:$$ C.V = \(\frac{\sigma}{\overline{x}} \times 100\% $$\)

The coefficient of variation is:$$ C.V = \(\frac{0.4182}{3.985} \times 100\% $$$C.V = 10.5\%$\)

Therefore, the standard deviation is 0.4182 and the coefficient of variation is 10.5%.

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Why does the United States have an advantage over other countries in producing many different products for export?

Consumption greater than production
Abundance of natural resources
Lowest unemployment rate
Mandatory education

Answers

The United States has several advantages that contribute to its ability to produce and export a wide range of products. While the factors involved are complex and interconnected, here are some key reasons:

Advanced Industrial Base: The United States has a highly developed and technologically advanced industrial base. It has a long history of innovation, research and development, and investment in advanced manufacturing techniques. This allows American companies to produce a diverse range of high-quality goods efficiently and at competitive prices.

Skilled Workforce: The United States has a well-educated and skilled workforce. Its emphasis on education, particularly in science, technology, engineering, and mathematics (STEM) fields, helps develop a pool of talented workers who can contribute to various industries. This skilled labor force enables the production of complex and sophisticated products.

Technological Leadership: The U.S. is known for its technological leadership in many sectors. The country has a strong presence in industries such as aerospace, information technology, biotechnology, pharmaceuticals, and more. This technological edge allows American companies to develop and manufacture cutting-edge products that have a global demand.

Access to Capital: The United States has a robust financial system and access to substantial capital. This availability of funding supports research and development, innovation, and investment in production capabilities. It allows companies to expand their operations, develop new products, and improve existing ones, giving them a competitive advantage in the global market.

Large Domestic Market: The United States has a sizable domestic market, which provides a significant incentive for companies to produce a wide range of goods. A large market size allows for economies of scale, which can lead to cost efficiencies and improved competitiveness. Moreover, serving a diverse domestic market helps companies gain valuable insights and refine their products before venturing into international markets.

Infrastructure: The United States has a well-developed infrastructure, including transportation networks, communication systems, and logistics capabilities. Efficient infrastructure enables the smooth movement of goods within the country and facilitates export activities.

Natural Resources: While not all products require abundant natural resources, the United States possesses diverse natural resources, including agricultural resources, minerals, energy sources, and more. Access to these resources can be advantageous in sectors such as agriculture, energy, and manufacturing, enabling the production of various goods.

Intellectual Property Protection: The United States has a strong legal framework for intellectual property protection. This fosters innovation and encourages companies to invest in research and development, as they have confidence that their inventions and creations will be safeguarded. Intellectual property protection enhances the competitiveness of American companies in the global marketplace.

It's important to note that while the United States has advantages in certain areas, other countries also have their unique strengths and specialization in specific industries. International trade is a dynamic and complex system where countries can benefit from comparative advantages, specialization, and global supply chains.

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Packer Corporation’s year 8 income statement reported $130,000 in income before provisions for income taxes. To compute the provision for federal income taxes, the following year 8 data are provided: Rent received in advance $ 22,000 Income from exempt municipal bonds $ 17,000 Depreciation deducted for income tax purposes $ 18,000 Depreciation deducted for financial reporting $ 10,000 What amount should Packer report as taxable income?

Answers

Answer:

$127,000

Explanation:

Calculation for the amount to be reported as taxable income

Using formula

Taxable income=[Year 8 Income Statement + Rent received in advance -Income from exempt municipal bonds -(Depreciation deducted for income tax purposes-Depreciation deducted for financial reporting)]

Let plug in the formula

Taxable income=[$130,000+$ 22,000 -$ 17,000 -( $ 18,000 -$ 10,000 )]

Taxable income=$130,000+$ 22,000 -$ 17,000 -$8,000

Taxable income=$127,000

Therefore the amount that Packer should report as taxable income will be $127,000

Develop a managerial report (1,000-1,250 words) summarizing your analysis of the OEI service capabilities. Make recommendations regarding the number of technicians to be used when OEI reaches 20 and then 30 customers, and justify your response. Include a discussion of the following issues in your report:

What is the arrival rate for each customer?
What is the service rate in terms of the number of customers per hour? (Remember that the average travel time of 1 hour is counted as service time because the time that the service technician is busy handling a service call includes the travel time in addition to the time required to complete the repair.)
Waiting line models generally assume that the arriving customers are in the same location as the service facility. Consider how OEI is different in this regard, given that a service technician travels an average of 1 hour to reach each customer. How should the travel time and the waiting time predicted by the waiting line model be combined to determine the total customer waiting time? Explain.
OEI is satisfied that one service technician can handle the 10 existing customers. Use a waiting line model to determine the following information: (a) probability that no customers are in the system, (b) average number of customers in the waiting line, (c) average number of customers in the system, (d) average time a customer waits until the service technician arrives, (e) average time a customer waits until the machine is back in operation, (f) probability that a customer will have to wait more than one hour for the service technician to arrive, and (g) the total cost per hour for the service operation.
Do you agree with OEI management that one technician can meet the average 3-hour service call guarantee? Why or why not?
What is your recommendation for the number of service technicians to hire when OEI expands to 20 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What is your recommendation for the number of service technicians to hire when OEI expands to 30 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What are the annual savings of your recommendation in Question 6 (above) compared to the planning committee's proposal that 30 customers will require three service technicians? (Assume 250 days of operation per year.) How was this determination reached?

Answers

The purpose of this research is to examine the service proficiency of OEI and suggest suitable  staffing levels for accommodating a growing clientele of 20 and 30.

1. Arrival Rate for Each Customer:  1.25 customers per hour.

2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.

3. Travel Time and Waiting Time: The waiting time starts from the moment the customer contacts OEI until the machine is back in operation, including both travel and repair time.

What is the managerial report

1. Arrival Rate for Each Customer:  1.25 customers per hour.

Based on historical data, the arrival rate for each customer is calculated by dividing the total number of customers by the total time. let us say that OEI receives an average of 10 customers per day, and the service operates for 8 hours a day. So, the arrival rate per customer is:

10 customers / 8 hours

= 1.25 customers per hour.

2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.

The service rate takes into account the time required to complete a repair, including travel time. OEI estimates that each service call takes approximately 1 hour for travel time and 2 hours for the actual repair. So, the service rate is:

1 customer / 3 hours

= 1/3 customers per hour.

3. Travel Time and Waiting Time:

OEI is different from traditional waiting line models since service technicians need to travel an average of 1 hour to reach each customer. In this case, the travel time and waiting time predicted by the waiting line model should be combined to determine the total customer waiting time.

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Mills Coffee has been a successful brand since the early 2000s. Mills has stores throughout the New England area. It also has a substantial internet presence and sells coffee nationwide. In late 2019, Ernie Mill started his own coffee company in Georgia and called it Mill's Coffee. Ernie had not heard of Mills Coffee before. In the first year of business, Mill's Coffee made a $1 million profit. Which of the following damages is Mills Coffee entitled to?

Answers

Mills Coffee may have a claim against Ernie Mill's new company, Mill's Coffee, for trademark infringement. The fact that Ernie had not heard of Mills Coffee before does not necessarily absolve him of liability for infringement.

Trademark law protects not only well-known brands but also lesser-known brands that have established rights to their name and image in the marketplace.

What damage is represented?

If Mills Coffee can demonstrate that Ernie's use of the name Mill's Coffee is likely to cause confusion among consumers, it may be able to seek damages for lost profits, harm to its reputation, and other losses resulting from the infringement. This could include lost sales due to consumers mistakenly purchasing coffee from Mill's Coffee instead of Mills Coffee, as well as damage to Mills Coffee's brand image and goodwill.

The amount of damages Mills Coffee would be entitled to would depend on the specific facts of the case, including the degree of similarity between the two brands, the extent of Mills Coffee's established rights to its name and image, the geographic scope of the infringement, and the actual harm suffered by Mills Coffee as a result of the infringement. However, given that Mill's Coffee made a $1 million profit in its first year of business, it is likely that Mills Coffee could seek substantial damages.

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A firm reports net income of $456,325.00 for 2013. The firm has a dividend payout ratio of 20.00%. The firm currently has $994,000.00 in debt, and $1,628,000.00 in shareholder equity. The firm pays 6.00% annual interest on their outstanding debt. The firm wants to maintain its debt to equity ratio. Based on the interest rate on debt, how much more interest will the firm pay in 2014

Answers

Answer:

$433,550.00

Explanation:

let me know if I'm wrong

Name some of the faculties of Nepal Sanskrit University?​

Answers

Explanation:

Agricultural Engineering

Answer:

Veda, Philosophy, astronomy, yoga, homeopathy, naturopathy, history, Buddha Darshan etc

If predecessor auditors refuse communication, successor auditors __________ accept the engagement. Multiple Choice can must not cannot should not

Answers

If predecessor auditors refuse communication, successor auditors “before” accept the engagement. Multiple Choice can must not cannot should not.

Answer: before

In a(n) ________, managers and employees from across the firm work to understand the firm's strengths and weaknesses.

Answers

Answer:

HR scorecards

the common sources of secondary data in tourism research are

Answers

Explanation:

Secondary data sources, such as industry statistics, surveys/censuses, and big data indicators, cover a wide array of topics that can be leveraged in tourism research..

pls Mark brainliest if it was helpfull

Which of the following is NOT an example of aggressive accounting practices? Select one or more a. Recording contingent losses that are probable b. Using a lower estimate of bad debts. c. Recording research and development costs as assets d. Increasing the useful life used in calculating depreciation

Answers

Answer: a. Recording contingent losses that are probable

Explanation:

Aggressive Accounting strategies are methods of recording company activities that will make it appear as if the company is doing well financially. These include acts such as;

Using a lower estimate of bad debts so that the bad debt expense deducted from income is lessRecording research and development costs as assets so that they are not deducted as expenses from income. Increasing the useful life of assets in depreciation calculations so that the depreciation amount deducted from income is less.

Recording contingent losses that are probable on the other hand is a conservative accounting policy.

Ivanhoe Company issued $492,000 of 10%, 20-year bonds on January 1, 2017, at 104. Interest is payable semiannually on July 1 and January 1, Ivanhoe Company uses the straight-line method of amortization for bond premium or discount.
Prepare the journal entries to record the following.
(a) The issuance of the bonds.
(b) The payment of interest and the related amortization on July 1, 2017.
(c) The accrual of interest and the related amortization on December 31, 2017.

Answers

Answer:

Explanation:

For  answer , see the attached file.

True or False: The term “academic training” refers primarily to formal classes taken in school.

Answers

Answer:

False

Explanation:

False. Jfcdfvbkkgfgfghbn

Reporting Net Sales after Sales Discounts [LO 6-4]
During the months of January and February, Solitaire Corporation sold goods to two customers. The sequence of events was as follows:
Jan. 6 Sold goods for $120 to Wizard Inc. with terms 2/30, n/60. The goods cost Solitaire $71.
7 Sold goods to Spyder Corp. for $83 with terms 4/10, n/30. The goods cost Solitare $61.
14 Collected cash for the amount due from Wizard Inc.
Feb. 28 Collected cash for the amount due from Spyder Corp.
Required:
Compute the total revenue Solitare would report over the two months. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Answers

yes yup yes yes ururieuuooo

LEHET ........ is the degree of responsiveness of demand to changes in the price of the commodity in question (e. own price), prices of related goods (cross price) and the income of consumers.​

Answers

Answer:

handsome

Explanation:

beautifuljvc htibccy yfxhnnoln bddgjnnjkk vftnnbhhc basic

A manufacturer of industrial grade gas handling equipment wants to have $725,000 in an equipment replacement contingency fund 10 years from now. If the company plans to deposit a uniform amount of money each year beginning now and continuing through year 10 (total of 11 deposits), what must be the size of each deposit

Answers

Answer:

$41,354.98

Explanation:

Required future worth = Annual savings x FVIFA(r%, N) x (1 + r)

Required annual savings ($) = [Required future worth / FVIFA(r%, N)] / (1 + r)

= 725,000 / [FVIFA(10%, 10) * 1.1]

= 725,000 / (15.9374 * 1.1)

= 725,000 / 17.53114

= 41354.98318991235

= $41,354.98

Note: Since this is annuity due (deposit made at beginning of year), FV is divided by (1+r).

You manage a risky portfolio with an expected rate of return of 22% and a standard deviation of 34%. The T-bill rate is 6%. Your risky portfolio includes the following investments in the given proportions: Stock A 31 % Stock B 36 % Stock C 33 % Suppose that your client decides to invest in your portfolio a proportion y of the total investment budget so that the overall portfolio will have an expected rate of return of 18%. a. What is the proportion y? (Round your answer to the nearest whole number.) b. What are your client’s investment proportions in your three stocks and the T-bill fund? (Do not round intermediate calculations. Round your answers to 2 decimal places.) c. What is the standard deviation of the rate of return on your client’s portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Answers

Answer and Explanation:

A.

E(r) = y x R(rp) + (1-y)*rf

0.18 = y * 0.22+(1-y)*0.06

0.18 = 0.22y +0.06 -0.06y

Collect like terms

0.18-0.06 = 0.22y - 0.06y

0.12 = 0.16y

y = 0.12/0.16

= 0.75

= 75%

B.

Stock a = 31% x 0.75

= 0.2325

= 23.25%

Stock b = 36% * 0.75

= 0.27%

Stock c = 33% * 0.75

= 0.2475

= 24.75%

A total of all these stocks gives 100 percent

C.

We have standard deviation = 34%

Y * standard deviation

= 0.75 * 0.34

= 0.255

= 25.5%

Which of the following choices is one of the leading economic indicators?
advance monthly retail sales
structural unemployment
annual unemployment data
gross national product

Answers

Answer:

Gross National Output

Explanation:

This is a leading economic indicator because it tell us the well-being and health of the overall economy. A low gross national output also means that unemployment rate may be high because resources are not fully utilized--be it structural unemployment or total unemployment. Monthly retail sales also feeds into Gross National Output.

When others have helped you write a report, you usually thank them in an acknowledgments section somewhere in the report

Answers

Answer: Acknowledgments are a section in a report where you thank and credit the individuals or organizations who have helped you in your work.

Explanation: In academic or professional writing, it is common practice to include an acknowledgments section in a report where you can thank and credit individuals or organizations who have helped you in your work. This section is typically placed at the beginning or end of the report, and is a way to recognize the contributions of those who have assisted you.

Acknowledgments could include thank you notes to individuals who provided their expertise, resources or time towards a research project, or those who supported you in other ways, such as colleagues, friends or family. The acknowledgments section is also a place to acknowledge funding sources that supported your research or project, or organizations that provided in-kind support.

It is important to acknowledge the contributions of others in your work as a sign of appreciation for their help, but also as a way of establishing transparency in your research or project. It helps to legitimize your work and makes it clear that you did not take credit for someone else's ideas or contributions. Additionally, acknowledging others’ contributions might create opportunities for future collaborations and working relationships.

Overall, the acknowledgments section is a crucial part of a report, as it helps to recognize the efforts of all those who have contributed to the work, and establishes the writer as a trustworthy and collaborative professional.

Using activity-based costing to make decisions
Dino Dog Collars uses activity-based costing. Dino's system has the following features:
Predetermined Overhead
Activity
Allocation Base
Allocation Rate
Purchasing Number of purchase orders $ 65.00 per purchase order
Assembling Number of parts
0.36 per part
Packaging Number of finished collars
0.25 per collar
Each collar has four parts, direct materials cost is $9.00 per collar, and direct labor cost
is $4.00 per collar. Suppose Animal Hut has asked for a bid on 25,000 dog collars. Dino
will issue a total of 150 purchase orders if Animal Hut accepts Dino's bid.
Requirements
1. Compute the total estimated cost Dino will incur to purchase the needed materials
and then assemble and package 25,000 dog collars. Also compute the cost per collar.
2. For bidding, Dino adds a 40% markup to total cost. What total price will the
company bid for the entire Animal Hut order?
3. Suppose that instead of an ABC system, Dino has a traditional product costing
system that allocates indirect costs at the rate of $9.60 per direct labor hour. The dog
collar order will require 12,000 direct labor hours. What total price will Dino bid using
this system's total cost?
4. Use your answers to Requirements 2 and 3 to explain how ABC can help Dino
make a better decision about the bid price it will offer Animal Hut.

Using activity-based costing to make decisionsDino Dog Collars uses activity-based costing. Dino's system

Answers

Dino Dog Collars calculates the cost of producing 25,000 dog collars using activity-based costing. The total estimated cost, cost per collar, and bid price are calculated with a 40% markup.

What is the importance of ABC to management decision making?

ABC is an accounting methodology that assigns indirect costs to products or services based on the activities that generate those costs. Unlike traditional costing methods, which allocate indirect costs based on a single cost driver, ABC allocates costs based on multiple cost drivers, providing a more accurate picture of a product's or service's true cost. ABC's value to management decision making stems from its ability to provide more accurate and relevant cost information. Managers can use ABC to determine which activities are causing costs, where inefficiencies exist, and how to optimise processes to reduce costs and increase profitability. ABC assists managers in making informed pricing decisions by providing a better understanding of the true cost of products and services.

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Work should be performed by an individual if ________.

Answers

Answer:
there is no need for diverse input

Other Questions
suppose that the ciphertext dve cfmv kf nfeuvi, reu kyrk zj kyv jvvu fw jtzvetv was produced by encrypting a plaintext message using a shift cipher. what is the original plaintext? Many types of tiny, solid particles, or atmospheric dust and tiny, liquid droplets known as?The answer please A scientist uses electricity to break down water into hydrogen gas and oxygen gas. Which statement best explains what happens? A. A chemical change occurs. O B. A base neutralizes an acid. O c. An acid neutralizes a base. O D. A physical change occurs. Diesel vehicles are a major source of air pollution in the world. When diesel vehicles are driven, they release carbon monoxide,carbon dioxide, sulphur dioxide, nitrous oxide, and other pollutants into the air. These harmful substances stay in the Earth'satmosphere and degrade the quality of the air.Humans must use vehicles in order to move from place to place. Which of the following would best minimize the impact this type oftravel has on the environment?A. Encourage people to use private vehicles as much as possible.B. Encourage people to carpool or take public transportation.C.Reduce the price of diesel fuel so that more people can afford it.D.Reduce the size of diesel tanks in vehicles so that they can hold less fuel. Efficiency wages are a way to reward raw talent and abilities. a way to compensate workers for experience and training. a way to compensate workers in unattractive or unpleasant jobs. an incentive scheme designed to motivate and retain workers. Fine the volume of both shapes then add which is false regarding catabolic processes? a. they release energy. b. they lead to the formation of smaller molecules from larger, complex molecules. c. such processes are often coupled, or linked, to atp formation reactions (i.e., adp p to atp). d. none are false; a-c are true statements. Which kind of story is used to explain how the world got to be the way it is?fairy talefolk talefablemyth the capybara is a plant. true or false How does the message of the cartoon relate to chapter 24 to kill a mockingbird? c find the thirteen adjacent digits in the 1000-digit number that have the greatest product. what is the value of this product? what is the general relationship, if any, between the sample size and the margin of error? The COSO ERM framework encourages a review of risks as they apply to achieving firms' objectives. Which of the following is not one of the listed categories of objectives to be considered? Multiple Choice- Strategic- Environment- Operations- Compliance Dnde vive Aidan Gallagher? a company that reported net income of $450,000 also recognized depreciation during the year of $150,000. in addition, inventory increased by $35,000 and income taxes payable increased by $15,000. the amount of cash from operations determined by the indirect method was Why is a thermos considered a (mostly) closed system? Question 3 options: different types of liquids stay hot thermoses come in different shapes and sizes different types of hot or cold items can be stored in a thermos matter and energy cannot enter or leave the system when the thermos lid is on tightly Six experts in their respective fields are traveling together on a train trip.They sit facing each other, in groups of three, as indicated by the diagrambelow.The six experts are an essayist, an archaeologist, a musician, a novelist, aplaywright and poet. Each one has written a book in his special field andeach one is now reading a book that was written by one of the others. Notwo people are reading the same book.Expert B is sitting between the essayist and the musician. The essayist issitting opposite the archaelogist. Expert D is sitting opposite the novelist.Expert E is sitting next to the playwright. Expert A is reading essays. ExpertC is reading a book written by the person sitting opposite of him. Expert Dis reading a book written by the playwright. Expert A is sitting in the cornerand has not interest in archaelogist. Expert C is sitting between theNovelist and the Archaelogist. Expert E is reading a book written by themusician. Expert F has never read a book of poetry. Obviously he is not a poet. Seala las opciones correctas. En el sistema capitalista: Los medios de produccin son del estado La actividad econmica se organiza por la interaccin entre compradores y vendedores. Los consumidores tienen restricciones para gastar sus ingresos. El control del sector pblico sobre el privado es mnimo. A ceiling fan with 80-cm-diameter blades is turning at 60 rpm. Suppose the fan coasts to a stop 25 s after being turned off. What is the speed of the tip of a blade 10 s after the fan is turned off What is the value of -2(5x + 11) = -4(x - 2)