Questions
On January 1, 2020, LMB, Inc. purchased some equipment for $42,000. In order to prepare the...

On January 1, 2020, LMB, Inc. purchased some equipment for $42,000. In order to prepare the equipment for use, LMB had to pay $8,000 to have the equipment installed. LMB aos estimates that the equipment will be used for 5 years and that it can be sold to a smaller company for parts after 5 years. It expects to sell the parts for $5,000. LMB will use the equipment for 5 years but also estimates that it will produce 10,000 units in total during that time.

LMB's units of production were as follows:

2020: 2,000 units

2021: 4,000 units

2022: 2,000 units

2023: 1,500 units

2024: 500 units

Using the Units of Production method, calculate depreciation expense for the year ended December 31, 2020 (first blank) and for the year ended December 31, 2021 (second blank).  

In the third blank, fill in the total accumulated depreciation after the 2nd year (12/31/2020).

In the fourth blank, fill in the net book value of the equipment on 12/31/2021.

Question 11 options:

Blank # 1
Blank # 2
Blank # 3
Blank # 4

In: Accounting

Consider the following article below.A)According to the article, is Australian economic growthincreasing or decreasing...

Consider the following article below.

A)According to the article, is Australian economic growth increasing or decreasing compared to previous years? Provide some evidence from the article supporting your view. 6 marks

b)

what kind of fiscal and monetary policy should government authorities implement? Explain why and give specific examples of each policy that might be implemented. What effect would these policies have on aggregate demand (AD)?(6marks)

c)  The last paragraph of the article states that economic growth in the future is expected to decrease unemployment and increase wages. Explain the effect these changes in unemployment and wages would have on the AD and SAS curves, and on the short run macroeconomic equilibrium.(6 marks)

Country facing a lost decade of growth, ANZ warns

By Shane Wright (Sydney Morning Herald, 21 January 2020)

Australia is facing a lost decade of economic growth, ANZ has warned, that will see living standards slip and wages grow modestly while putting pressure on the Morrison government's plan for a string of budget surpluses.

ANZ head of Australian economics David Plank said growth through the current decade would average 2.6 per cent, with that tipped to fall to between 2 and 2.5 per cent across the 2020s. He said that level of growth, lower than both estimated by the Reserve Bank and the federal Treasury, would be driven by tepid non-mining business investment, weak productivity and household consumption held back by high debt and modest wage increases.

Australian households, despite record levels of wealth due to high house prices, were carrying record levels of debt that would crimp their spending plans.

In its December budget update, Treasury forecast economic growth to lift to 2.75 per cent through 2020-21 and then climb to 3 per cent for the next two years. That level of growth is expected to help drive down unemployment and push up wages.

In: Economics

Financial Regulation and Financial Institutions The Australian government has shut down the economy in response to...

Financial Regulation and Financial Institutions

The Australian government has shut down the economy in response to COVID19, resulting in millions of Australian being unemployed and under-employed.

Many of these newly unemployed have home mortgages with banks, which now face growing (interest rate, market, credit, liquidity, operational) risk from such customers who are no longer able to meet their repayments. The RBA has also mandated new financial regulation that requires banks to freeze mortgage repayments for up to six months. Holding all else constant, this lack of income for an extended period, whilst still having to meet all business obligations, causes a challenging increase in (operational, credit, liquidity, interest rate, market) risk.

In order to maintain the confidence of government and the public, banks have started to (lower, raise, buy back) new equity, that provides (profitability, capital adequacy, liqudity management) and signals that growing bad debts can be absorbed. These extraordinary operating conditions places (neutral, upward, downward) pressure on bank profitability, where the (Interest Received, Interest Paid, Total Assets) component of Net Interest Margin (NIM) faces clear contraction.

For example, by 2019 end, NAB's NIM was 1.8%. Given that total assets remain largely unchanged in 2020 at $847 billion and half-year profitability of interest received less interest paid is set to fall by -$1.4 billion, the June 2020 NIM of NAB is expected to be (1.61%, 1.65%, 1.59%, 1.63%) .

While the financial regulation that allows for mortgage repayments to be frozen for up to 6 months is designed to ease the (credit, operational, liquidity, market, interest rate) risk faced by the newly unemployed, the frozen repayments will simply be added back to the balance of the loan, resulting in (lower and longer, higher and shorter, higher and longer, lower and shorter) loan repayments and loan terms respectively.

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In: Accounting

The capital investment committee of Ellis Transport and Storage Inc. is considering two investment projects. The...

The capital investment committee of Ellis Transport and Storage Inc. is considering two investment projects. The estimated income from operations and net cash flows from each investment are as follows: Warehouse Tracking Technology Year Income from Operations Net Cash Flow Income from Operations Net Cash Flow 1 $49,300 $162,000 $104,000 $259,000 2 49,300 162,000 79,000 219,000 3 49,300 162,000 39,000 154,000 4 49,300 162,000 17,000 105,000 5 49,300 162,000 7,500 73,000 Total $246,500 $810,000 $246,500 $810,000 Each project requires an investment of $580,000. Straight-line depreciation will be used, and no residual value is expected. The committee has selected a rate of 12% for purposes of the net present value analysis. Present Value of $1 at Compound Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 0.890 0.826 0.797 0.756 0.694 3 0.840 0.751 0.712 0.658 0.579 4 0.792 0.683 0.636 0.572 0.482 5 0.747 0.621 0.567 0.497 0.402 6 0.705 0.564 0.507 0.432 0.335 7 0.665 0.513 0.452 0.376 0.279 8 0.627 0.467 0.404 0.327 0.233 9 0.592 0.424 0.361 0.284 0.194 10 0.558 0.386 0.322 0.247 0.162 Required: 1a. Compute the average rate of return for each investment. If required, round your answer to one decimal place. Average Rate of Return Warehouse % Tracking Technology % 1b. Compute the net present value for each investment. Use the present value of $1 table above. If required, use the minus sign to indicate a negative net present value. Warehouse Tracking Technology Present value of net cash flow total $ $ Less amount to be invested $ $ Net present value $ $ 2. The warehouse has a smaller net present value as tracking technology cash flows occur earlier in time. Thus, if only one of the two projects can be accepted, the tracking technology would be the more attractive. Feedback

In: Accounting

Please re-write paragraphs. 1.) The last methodology is the radical method. What’s involved in this method...

Please re-write paragraphs.

1.) The last methodology is the radical method. What’s involved in this method is the radical changes of traditional way of doing things. In using the radical method is where we would incorporate what is known a “(BPR) which stands for Business Process Reengineering”. (Valacich & George, 2020, p. 165) This is where an organization looks for and puts the new ways into play and the business can do this by accepting the new technologies of today’s world. The advantages of the radical methodology are there is a (less need for as many employees as before when using the other methods, there will be a dramatic change in the relationship with the customers, the processes are more efficient and effective to use and understand in which will increase the organizations revenue in the future.) (Valacich & George, 2020) The advantages of using disruptive technologies are that it can help the business with its everyday operations. The way in which it can do so is by (allowing users to share data between one another, there are many different support tools to help aid upper management to achieve daily goals). The new technologies provide access so that employees can work from home to get their workload done, all users that have access will have access to “interactive communication technologies that allow complex messaging capabilities, automatic identification and tracking technology knows where things are, and high-performance computing can provide real-time updating” (Valacich & George, 2020, p. 167) The disadvantages of using the radical method are wasted resources and or the business just doesn't get out there more because they won't try the new way of doing things in today's world with the disruptive technologies.

2.) On the above slide I chose to include a diagram on determining systems requirements in which it shows that it happens during the analysis phase. The three methodologies that I just discussed have to do with requirements determination when deciding what way to take the organization when transforming from traditional/contemporary way to the new and improved radical method way of doing things in today’s new world of new technologies.

3.) My recommendation for Pine Valley Furniture Webstore’s method in determining the requirements for gathering are to use the traditional and contemporary methods still with slowly advancing themselves into the radical method which is the new way of doing things and the disruptive technologies that it has to build the business more faster, efficient, and effective. I feel that the business would do great with keeping some of their old procedures and processes by adding a little technology at a time until they can fully get used to it and have it become totally efficient and effective for them. I myself like the new technologies of today because they are effective, efficient, and faster than doing it the traditional or contemporary method. These new technologies help advance businesses all the time because they can market and advertise better which means more business for them which turns into revenue. I feel that once they have the system requirements that they want and need for their Student Furniture Webstore such as the “System Layout and Navigation Characteristics, Web Store and Site Management System Capabilities, Customer and Inventory Information, and System Prototype Evolution” then they can slowly go into the radical method by adding the new technologies that they think would help them be more efficient and effective without harming them.

4.) On the above slide I chose to include an image of what happens in the prototyping method. (Valacich & George, 2020, p. 163) When using prototyping to build a good system many analysts like this method because they get back a lot of valuable feedback from the users. This allows the software to keep being redone over and over again until it does to what the business wants and needs. The problem can be easily identified and put into play as an actual working system that can be used to be able to revise no matter what. I really like this way because of being able to redo it at any point in time. I think this would be a great effective way for the new Student Furniture Web Store to be created with the use of modern technologies.

5.) On the above slide shows the diagram of the Level-0 Data Flow Diagram. Figure 7-22 (Valacich & George, 2020, p. 203) I included the diagram so that when I explain it you can see how it all works and flows from one thing to another. The Data Flow Diagram is a representation of “overall data flows into, through, and out of an information system. DFDs rely on four symbols to represent the four conceptual components of a process model: data flows, data stores, processes, and sources/sinks.” (Valacich & George, 2020, p. 205) There are six points on this diagram that flow from the customer looking at the item with making a “product item request” and then selecting the item which then goes into the shopping cart with a cart ID and profile of what the item is, there is also a way to remove an item incase you no longer want it, and there has to be a request for the cart to be able to put items into it. After an item is chosen then it has to be checked out and processed for the order, for number 5.0 on the diagram it shows add/modify account profile and this is so the customer can make any changes such as address or payment information updates plus this is where the customer information is kept track of. The last thing is the order status request this is where the order number is found with the status of the order request flows into the order number and that information flows into the “purchasing fulfillment system” and at the end of that is where you can see your order number along with return code if the item needs to be returned. The Level-0 diagram really helps in seeing how an ordering system works when your using online sales. This is exactly what your doing when you order something online. This diagram captures how an order is placed when done online.

In: Computer Science

If the magnification is negative value a. The image is upright b. The image can be...

  1. If the magnification is negative value

    a.

    The image is upright

    b.

    The image can be either upright or upside down

    c.

    The image is upside down

    d.

    The image size is reduced

In: Physics

The Pew Internet and American Life Project reported in 2004 that “17% of current music down...

The Pew Internet and American Life Project reported in 2004 that “17% of current music down loaders say they are using paid services”. Consider a random sample of 400 music down loaders. Compute the probability that X equals the mean of X where X is the number of current music down loaders (You can use appropriate program). Find the mean of X. Find the probability?

In: Statistics and Probability

Flag this Question Question 21.5 pts When an operation needs to produce or deliver moderate volumes...

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Question 21.5 pts

  1. When an operation needs to produce or deliver moderate volumes of a limited variety
    of products or services, which of the following types of processing is used?

Group of answer choices

A. Continuous

B. Repetitive

C. Outsourcing

D. Job Shop

E. Batch

Flag this Question

Question 31.5 pts

2. Product or service profiling links key product or service requirements to process capabilities.

Group of answer choices

True

False

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Question 41.5 pts

  1. Systems or equipment with advanced sensing and control capabilities that can operate
    without an operator is best described by the term:

Group of answer choices

A. Flexible Manufacturing Technology

B. Computer-Integrated Systems

C. Computer-Aided Systems

D. Automation

E. Industrial Robotics

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Question 51.5 pts

  1. When an operation needs to produce or deliver very high volumes of highly standardized
    products or services, which of the following types of processing is used?

Group of answer choices

A. Batch

B. Outsourcing

C. Continuous

D. Repetitive

E. Job Shop

Flag this Question

Question 61.5 pts

  1. Process layouts are less vulnerable to disruptions but have high material handling costs.

Group of answer choices

True

False

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Question 71.5 pts

  1. Which type of processing produces the widest possible variety of products?

Group of answer choices

A. Continuous

B. Repetitive

C. Outsourcing

D. Job Shop

E. Batch

Flag this Question

Question 81.5 pts

  1. Technological innovation is a term for the discovery and development of new products, services or processes for production or service delivery.

Group of answer choices

True

False

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Question 91.5 pts

  1. Which of the following are advantages of product layouts?

Group of answer choices

A. High material handling costs

B. High utilization rate for resources

C. Able to meet wide variety of processing needs

D. A and B only

E. A, B and C only

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Question 101.5 pts

  1. Which of the following best describes cellular layout?

Group of answer choices

A. Specialized layout for computer integrated manufacturing.

B. Layout that uses cellular technology to achieve smooth flow of products.

C. Resources that meet processing needs of multiple products grouped into cells.

D. Employees are organized into cellular teams for computer-aided manufacturing.

E. None of the above.

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Question 111.5 pts

  1. Automated systems that operate entire production processes with little or no operator assistance would be referred to as:

Group of answer choices

A. Automated Manufacturing System (AMS)

B. Computer Integrated Manufacturing (CIM)

C. Flexible Manufacturing System (FMS)

D. Computer-Aided Design/Manufacturing (CAD/CAM)

E. Computer-Aided Manufacturing (CAM)

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Question 121.5 pts

  1. The first step in the location planning and analysis process is to determine how much capital is available for expanding existing facilities or building new facilities.

Group of answer choices

True

False

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Question 131.5 pts

  1. When factor rating method is used for location planning and analysis, the location with the highest total score will always be selected.

Group of answer choices

True

False

In: Operations Management

An electromagnet can be modeled as an inductor in series with a resistor. Consider a large...

An electromagnet can be modeled as an inductor in series with a resistor. Consider a large electromagnet of inductance L = 12.5 H and resistance R = 3.00 Ωconnected to a 24.0-V battery and switch as in the figure shown below. After the switch is closed, find the following.

Image for An electromagnet can be modeled as an inductor in series with a resistor. Consider a large electromagnet of in

(a) the maximum current carried by the electromagnet

(b) the time constant of the circuit

(c) the time it takes the current to reach 95.0% of its maximum value


In: Physics

Acrolein (propenal) is an important industrial compound and used as a contact herbicide. It has a...

Acrolein (propenal) is an important industrial compound and used as a contact herbicide. It has a vapour pressure of 259.8 Torr at 25.0 °C. The occupational exposure limit is 100 ppbv over 8 hours. A major spill of acrolein occurs in a closed room without ventilation at 25.0 °C and 1.00 atm. Determine the mixing ratio of acrolein in the room air (by volume) after steady state is reached.

In: Chemistry