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Ashlie Elizabeth
Answers (6)
AE
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Strategy ________ involves determining the mission, goals, and objectives of the organization.
On Jul 24, 2024
formulation
AE
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In the power-influence approach, power is viewed as ________.
A) valuable only for the degree to which it influences subordinates
B) essential for influencing industry trends
C) important for influencing subordinates as well as peers, superiors, clients, and suppliers
D) secondary to other leader behaviors including tireless energy and penetrating intuition
A) valuable only for the degree to which it influences subordinates
B) essential for influencing industry trends
C) important for influencing subordinates as well as peers, superiors, clients, and suppliers
D) secondary to other leader behaviors including tireless energy and penetrating intuition
On Jul 22, 2024
C
AE
Answered
Cooper, Inc.is constructing a building that qualifies for interest capitalization.The following information is available:
Capitalization period: January 1, 2010-December 31, 2011 Expenditures on project (incurred evenly):
2010$20,0002011$60,000\begin{array}{ll}2010 & \$ 20,000 \\2011 & \$ 60,000\end{array}20102011$20,000$60,000 Amounts borrowed and outstanding (all debt incurred January 1, 2010):
$10,000 at 10% (specifically for the construction project) $18,000 at 12% (general debt) $30,000 at 14% (general debt) \begin{array}{ll}\$ 10,000 & \text { at } 10 \% \text { (specifically for the construction project) } \\\$ 18,000 & \text { at } 12 \% \text { (general debt) } \\\$ 30,000 & \text { at } 14 \% \text { (general debt) }\end{array}$10,000$18,000$30,000 at 10% (specifically for the construction project) at 12% (general debt) at 14% (general debt) Required:
a. Compute the amount of interest that should be capitalized in 2010 and 2011 . (Round interest rates to the ne arest hundredths e.g., 07.62% 07.62 \% 07.62% .)
b. Assume that in 2010 umused borowed funds were invested and eaned interest revemue amounting to $600 \$ 600 $600 . How much interest should be capitalized to the asset account in 2011 ?
Capitalization period: January 1, 2010-December 31, 2011 Expenditures on project (incurred evenly):
2010$20,0002011$60,000\begin{array}{ll}2010 & \$ 20,000 \\2011 & \$ 60,000\end{array}20102011$20,000$60,000 Amounts borrowed and outstanding (all debt incurred January 1, 2010):
$10,000 at 10% (specifically for the construction project) $18,000 at 12% (general debt) $30,000 at 14% (general debt) \begin{array}{ll}\$ 10,000 & \text { at } 10 \% \text { (specifically for the construction project) } \\\$ 18,000 & \text { at } 12 \% \text { (general debt) } \\\$ 30,000 & \text { at } 14 \% \text { (general debt) }\end{array}$10,000$18,000$30,000 at 10% (specifically for the construction project) at 12% (general debt) at 14% (general debt) Required:
a. Compute the amount of interest that should be capitalized in 2010 and 2011 . (Round interest rates to the ne arest hundredths e.g., 07.62% 07.62 \% 07.62% .)
b. Assume that in 2010 umused borowed funds were invested and eaned interest revemue amounting to $600 \$ 600 $600 . How much interest should be capitalized to the asset account in 2011 ?
On Jun 23, 2024
a.2010: $1,000 \$ 1,000 $1,000 , as computed below.
2011: $6,433 \$ 6,433 $6,433 , as compute d below.
b. $1,0000\quad \$ 1,0000$1,0000
2011: $6,433 \$ 6,433 $6,433 , as compute d below.
b. $1,0000\quad \$ 1,0000$1,0000
AE
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Just as in the theory of utility-maximizing consumers, the theory of profit-maximizing firms allows the possibility of Giffen factors.These are factors for which a fall in price leads to a fall in demand.
On Jun 22, 2024
False
AE
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Wisdom involves learning principles,models,and concepts (knowing what)but not processes and procedures (knowing how).
On May 24, 2024
False
AE
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The All-Power Gas and Electric Company cleared a right of way across Larry's land and put up a power line, which it has maintained for the past 20 years. Now the company wants to replace the old line with a new one, and Larry has decided he doesn't want them on his land. Does the company have a recognizable interest in Larry's land? Can Larry keep the company from installing a new line?
On May 23, 2024
The power company has an easement, which is a limited right to make use of Larry's land for a specific purpose. As the owner of the land, Larry has the right to make any use of the land as long as it does not interfere with the power company's easement. Larry cannot keep the power company from installing a new line, because that would interfere with the use of the easement.