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lisabon 2012 [21]
2 years ago
12

What are your fundamental objectives in the context of renting an apartment while attending college? what are your means objecti

ves? create a fundamental-objectives hierarchy and a means-objectives network?
Business
1 answer:
Kay [80]2 years ago
8 0
Fundamental objectives are the things that we ultimately want to achieve. Means objectives are our avenues to achieving fundamental objectives. In the context of renting an apartment while in college, our fundamental objective could be: graduate from college. Our fundamental objective may also be (and usually is) even greater: Let's say "Get a job at IBM". 

In the example of the goal to work at IBM, graduating from college is actually a means objective, since it is not a destination in itself, but a vehicle toward employment at IBM.

In this context, lower-tier means objectives could be:
-Graduate from college
       -Get good grades
           -be happy in your living situation
           -manage money responsibly so it doesn't distract from school.
The last two means objectives (toward getting good grades) can be pursued by obtaining affordable, pleasant housing.

In the context of your fundamental objective (what all these decisions and goals are ultimately for) renting a cheap, nice apartment ultimately accomplishes the lower-level means objectives that move you towards good grades, which moves you toward a successful graduation which moves you toward employment at IBM.
As you may have noticed, the fundamental /means objective hierarchy can always move up. Imagine that your fundamental objective is actually "marry a guy who likes women who work at IBM" A strange example, but "work at IBM" is now a means objective toward your ideal IBM-loving man, with all the previously discussed means objectives still relevant to your fundamental objective (still need good grades to graduate, in order to work at IBM, in order to meet Mr. Right)
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Lipstik, Inc. makes cosmetics. Lipstik intentionally mislabels its packaged products to conceal a defect. Trusting and relying o
In-s [12.5K]

Answer:

fraud

Explanation:

the company when making an action with knowledge knows that this product can cause great damage to the end customer and as such action does in the aforementioned products, it generates a fraud in quality, advertising and marketing, threatening the user

3 0
2 years ago
P. Daves Inc's stock is currently sells for $45 per share. The stock's dividend is projected to increase at a constant rate of 4
Svetllana [295]

Answer:

The price of the stock six years from now will be $56.94

Explanation:

To calculate the price of a stock that pays a dividend which grows at a constant rate forever, we use the constant growth model of DDM. The current price of stock using the constant growth model is calculated as follows,

P0 = D1 / r - g

As, we don't know the D1, that is dividend expected for the next year, we will calculate it first,

45 = D1 /  (0.12 - 0.04)

45 * (0.12-0.04)  =  D1

45 * (0.08) = D1

3.6 = D1

We use the D1 to calculate the price today. Thus, we will use D7 to calculate the price six years from now.

D7 = D1 * (1+g)^6

P6 = 3.6 * (1+0.04)^6  /  (0.12 - 0.04)

P6 = $56.939 rounded off to $56.94

8 0
2 years ago
Read 2 more answers
Kingbird Company had the following select transactions. Apr. 1.2022 Accepted Goodwin Company's 12-month, 8% note in settlen July
Bad White [126]

Answer:

4/1/22: Dr Notes Receivable  x

               Cr Cash                    x

(to record the acceptance of $x from Goodwin Company's note)

7/1/22: Dr Notes Receivable   22,000

               Cr Cash                   22,000

( to record the acceptance of $22,000 from Slocombe notes)

12/31/22: Dr Interest Receivable (x x 8%) x (9 : 12)

                  Cr Interest Income    (x x 8%) x (9 : 12)  

(to record interest accured from Goodwin Company's note)

                Dr Interest Receivable  1,210

                   Cr Interest Income      1,210

(to recored interest accured from Slocombe notes which is calculated as: 22,000 x 11% x (6/12) =1,210)

4/1/23:        Dr Cash x

                     Cr Notes Receivable x

(to record collection of principle from Goodwin's note)

                  Dr Cash                   ( x x 8%)

                     Cr Interest Receivable (x x 8%) x (9 : 12)

                     Cr Interest Income (x x 8%) x (3 :12)

(to record interest income receipt on termination of Goodwin's note)

For Slocombe's notes, as Kingbird expects it will eventually collect, at 4/1/23, although Slocombe's note is due yet not paid, Kingbird does not book provision for bad debt regarding to this note. Besides, the income earned but not yet received in 2023 from holding this note will not be recorded because the adjusting entries once a year on December 31 and in fact it is not paid yet ( together with the note's principal amount).

Explanation:

The explanations have been given following each entry in the answer. Beside the rules of double entries in accounting, accural accounting has to be well-understood in order to answer this question right. Accrual accounting is the accounting which records incomes/expenses when they are earned/incurred, rather than when they are received/paid.

Thus, the interest income has been earned from the very first day holding the two companies' notes has to be recorded (accured) at the end of the year 2022 rather than when it is received in order to accurately reflect the business result of the year 2022. At this point, a simple calculation ( as shown in the answer) needs to be done to determine an accurate amount of interest income to be booked for 2022.  

8 0
2 years ago
Harry is looking at buying a building that has a monthly income of $3,600, a 5% vacancy rate, and annual expenses of $8,640. he
Zigmanuir [339]

Answer:

He should pay = $270,000

Explanation:

<em>The amount he should pay for the investment is the present value of he net income discounted at the rate of return of 12%</em>

The occupancy rate = 100 -5= 95%

The net income = occupancy rate × income - expenses

                              = 95%× 3,600× 12 - 8,640= 32400

If we assume that the income is earned forever, then the Present value of the income will be

PV of net income = A/r

A-32400 , r -12%

                            = 32400/0.12

                             =$270000

He should pay = $270,000

6 0
2 years ago
Vaughn Manufacturing's prepaid insurance was $197000 at December 31, 2021 and $90300 at December 31, 2020. Insurance expense was
Zina [86]

Answer:

Cash disbursements for insurance would be $ 168,700.

Explanation:

In accrual based accounting expenses are recorded when they are incurred. The payment against item purchased does not make it qualified to be recorded as expense. Any advance payment made is recognize as asset untill performance obligation has been completed. So in order to determine amount of payment we will use following accounting equation.

Payments = Prepaid current period + expenses - opening prepaid balance

Payments = 197,000 + 62,000 - 90,300 = $ 168,700

8 0
2 years ago
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