Select all statements that correctly describe business rules.
A. Some business rules allow the designer to understand the nature, role, and scope of the data.
B. Business rules define all applicable database constraints, no matter how detailed the constraint is.
C. Some business rules act as a communications tool between users and designers.
D. Some business rules help standardize an organization's view of data.
E. Business rules are by definition valid for all data for all time, so they are well suited for database design.

Answer:

The correct options are  A, C, and D.

Explanation:

Business rules are helpful to all types of organizations, as they classify an organization's objective, they are a guide that specifies the running of business everyday activities as they clearly show every detail. Business rules provide the best approach to business operations. Business rules allow the designer to know the scope of the data, as the designer would get to know the data stored in the database. From the question above, It is also true that some business rules act as a communications tool between users and designers, as the users get to have an understanding of what is needed, and the designers would also get to know their own role. Business rules must be simplified for everyone in an organization so the rules could be interpreted by everyone, and be followed too.

What are the opportunity offers by
vocational education?​

Income elasticity measures the:____.
A. Responsiveness of quantity demanded for one good to a percentage change in price of another good.
B. Percentage change in quantity demanded given a percentage change in wealth.
C. Responsiveness of quantity demanded to a percentage change in income.
D. Way in which consumers switch from one product to another when price rises.

You are Howard Schultz, and you've just spent $100,000,000 to buy La Boulange. What would you do to get the maximum return in your investment in this company over the next three years?

Several years ago, Castles in the Sand Inc. issued bonds at face value of $1,000 at a yield to maturity of 8%. Now, with 7 years left until the maturity of the bonds, the company has run into hard times and the yield to maturity on the bonds has increased to 12%. What is the price of the bond now

Using the following information, compute NET INCOME.

Cost of Goods Sold $ 6,000
Interest Expense 1,100
Selling and Administrative Expense 750
Cash 400
Sales 10,000
Accrued Wages Payable 250
Dividends 700
Retained Earnings (beginning) 1,000
Income Tax Expense 1,200

a. $1,350
b. $700
c. $1,700
d. $950
e. $1,950

What is a joint production process? Describe a special decision that commonly arises in the context of a joint production process. Briefly describe the proper approach for making this type of decision. Draw an example with detailed cost numbers.

Dianne Ruth withdrew $8,000 from her educational savings account and used $6,000 to pay for qualified higher education expenses. The remaining balance of $2,000 was used to purchase clothes. On the date of the distribution, her educational savings account had $25,000 balance including $20,000 she had contributed.
How much of the $8,000 is tax free?

Denison Specialty Hospital is planning its master budget for the coming year. The budget wil include operating, capital, cash and flexible budgets. The hospital is noted for its three fine programs: oncology (cancer), cardiac (heart), and rhinoplasty (nose jobs).
Section A
The managers at Denison have been busy working. They have reviewed past records and considered changes in competition, the general economy, and overall medical trends. Using past charges and anticipated rates of medical inflation, they have also made a first attempt at setting thier prices.
Based on a thorough review and discussion of these data, they have projected that next year they will have 240 patients. They expect 120 oncology patients, 80 caridace patients, and 40 rhinoplasty patients.
The charge, of list price, for oncology patient will average $50,000. Cardiac patients will be charged on average of $40,000, and rhinoplasty, $25,000 per patient. However, those charges are not the actual amounts ultimately received.
The amount the hospital receives depends on whether patients pay their own hospital bills or have healthcare insurance. Assume that private insurance companies pay the full charge or list price. However, Medicare and Medicaid have announced rates they will pay for the coming year as follow: oncology patients $40,000, cardiac patients $30,000, and rhinoplasty patients $10,000. Self-pay patients are supposed to pay the full charge, but generally 25 percent of self-pay charges become a bad credit. Note that bad credit are treated as an expense in healthcare. They may not be shown as a reduction lowering revenues. The full charge for self-pay patients is shown as revenues, and then the uncollectible amount is shown as an expense. No payment for charity care is ever recieved, and charity care is not shown s a revenue or expense.
The payer mix is as follows:
Private insurance Medicare/Medicaid Self-Pay Charity
Oncology 30% 50% 10% 10%
Cardiac 20% 60% 10% 10%
Rhinoplasty 10% 20% 60% 10%
Gift shop revenue is projected to be $120,000 for the current year and is expected to remain the same. However, this revenue will increase or decline in proportion to charges in patient volume.
Denison Hospital has an endowment of $1,000,000. It is invested as follows:
a-$500,000 in 6 percent U.S. Governement Bonds that pay interest annually
b-$250,000 in AT&T stock, which pays a dividend of 8 percent annually
c-$250,000 in growth stocks that pay no dividend
Section A requirements:
1. Calculate patient revenue on an accural basis for the coming year. Subdivide revenue by program, and with each program subdivide it by type of payer.
2. Calculate endowment revenue on an accural basis for the coming year.
3. Prepare a revenue budget on an accural basis, including all sources of revenue discussed previously. The revenue budget does not have to show all of the detail from requirements 1 and 2, but should show each major source of revenue, such as patient services and endowment.
Section B
The hospital expects to employ worker in the following departments
Radiology Nursing Administration Total
Managers 100,000 200,000 200,000 500,000
Staff 1,900,000 4,200,000 300,000 6,400,000
Total 2,000,000 4,400,000 500,000 6,900,000
Supplies are expected to be purchased throughout the year for the departments, as follows:
Total
Radiology 360,000
Nursing 160,000
Administration 20,000
Total 540,000
Assume that all supply use varies with the number of patients.
Denison Hospital currently pays rent on its building and equipment for $300,000 per year. Rent is expected to be unchanged next year. The rent is paid $75,000 each quarter.
To better serve its patients, Denison would like to buy $500,000 of new oncology equipment at the start of the year. It would be paid for immediately upon purchase. The equipment has a 5-year life and would be expected to be used up evenly over that lifetime. Although the capital budget would normally include justification for why the equipment is needed, it is sufficient for our purpose to know that the capital budget for Denison is $500,000 and the equipment to be purchased has 5-year useful life. It will have no value left at the end of the 5 years. Denison charges the cost of its capital acquisitions on a straight-line depreciation basis. The means that the cost is spread out over the useful life, with an equal being charged as an expense, called depreciation expense, each year.
Section B Requirements:
1. Calculate expected bad debt expenses on an accural basis for the coming year
2. Calculate an expense budget on a accural basis for the coming year. The expense budget does not require detailed information by program or department, but should show each type of expense as salaries and supplies. Be sure to consider the impact of capital acquisitions on the expense budget.
3. Combine the revenue (section A) and expense budget to present an operating budget for the coming year.

Security training involves: Providing some members of the organization information about protecting data, but not all to reduce costs. Establishing CBT, computer based training, but never face-to-face training. Providing members of the organization with detailed information and instructions to prepare them to perform their specific duties securely. Expecting employees to research good security practices on their own

Alternative Production Procedures and Operating Leverage Assume Sharpie, a brand of Newell Brands, is planning to introduce a new executive pen that can be manufactured using either a capital-intensive method or a labor-intensive method. The predicted manufacturing costs for each method are as follows: Capital Intensive Labor Intensive Direct materials per unit $ 10.00 $ 12.00 Direct labor per unit $ 4.00 $ 12.00 Variable manufacturing overhead per unit $ 5.00 $ 2.00 Fixed manufacturing overhead per year $ 1,800,000 $ 500,000 Sharpies market research department has recommended an introductory unit sales price of $100. The incremental selling costs are predicted to be $250,000 per year, plus $4 per unit sold. (a) Determine the annual break-even point in units if Sharpie uses the: Note: Round both answers UP to the nearest whole number.

Fort Thomas Living is a small publishing company located in the Northern Kentucky. Recently, Fort Thomas Living has contracted with several different local writers to publish various magazines and short-story books. Once such transaction involves an exchange of $10,200. Another transaction involves an exchange of $9,600? Are both of these exchanges of money subject to the disclosure requirements of the Money Laundering Control Act?

A company enters a futures contract to sell 50,000 units of a commodity for 70 cents per unit. The initial margin is $4,000 and the maintenance margin is $3,000. What change in the futures price (per unit) would lead to a margin call?

a mixed economy combines features of other economic system by

AAA Inc. is a levered firm, and ZZZ Inc. is an unlevered firm. They are exactly the same in every possible way, however they have different capital structures. AAA Inc. and ZZZ Inc. each expect to generate $11.1 million in earnings before interest and taxes, every year, in perpetuity. Both AAA Inc. and ZZZ Inc. do not retain any net income and distribute all of it as dividends to their stockholders. Levered AAA Inc. has debt with neverending interest payments which has the current market value of $59 million and has an annual interest rate of 5 percent. Also, AAA Inc. has 1.7 million shares outstanding, and each share sells for $75 in the market. Unlevered ZZZ Inc. has no debt, 3.4 million shares outstanding, and each share goes for $58 in today's market. Both AAA Inc. and ZZZ Inc. do not pay taxes on their income.

Required:
Calculate the equity value of each company.

Corporate decision makers and analysts often use a particular technique, called a DuPont analysis, to better understand the factors that drive a companyâs financial performance, as reflected by its return on equity (ROE). By using the DuPont equation, which disaggregates the ROE into three components, analysts can see why a companyâs ROE may have changed for the better or worse, and identify particular company strengths and weaknesses. The DuPont Equation A DuPont analysis is conducted using the DuPont equation, which helps to identify and analyze three important factors that drive a companyâs ROE.

Required:
What factors directly affect a companyâs ROE?

The following information was available for the year ended December 31, 2016:
Earnings before interest and taxes (operating income) $ 81,000
Interest expense 17,000 Income tax expense 22,000
Net income 42,000
Total assets at year-end 270,000
Total liabilities at year-end 148,000
Required:
a. Calculate the debt ratio at December 31, 2016. (Round your answer to 1 decimal place.)
b. Calculate the debt/equity ratio at December 31, 2016. (Round your answer to 2 decimal places.)
c. Calculate the times interest earned for the year ended December 31, 2016. (Round your answer to 2 decimal places.)

Kingbird, Inc. sells 450 shares of common stock being held as an investment. The shares were acquired six months ago at a cost of $50 a share. Kingbird sold the shares for $51 a share. The entry to record the sale is:_____.

A firm is considering expanding its current operations and has estimated the internal rate of return on that expansion to be 12.2%. The firm's WACC is 11.8%. Given this, you know that the: the project will have a lower debt-equity ratio than the firm's current operations. the appropriate discount rate for the project is between 11.8% and 12.2%. the project has slightly more risk than the firm's current operations. the expansion should be undertaken as it has a positive net present value.

Identify the correct statement. Select one: a. Debt increases when the budget deficit decreases. b. A budget deficit is a stock variable, while debt is a flow variable. c. A budget deficit is a flow variable, while debt is a stock variable. d. A budget deficit and debt are both stock variables. e. The budget deficit decreases when aggregate demand decreases.

On December 31, after making a concerted effort, management determines that it will not be able to collect the $1,200 owed to it by its customer Acme, Inc. The company uses the direct write-off method to account for uncollectible accounts.

Required:
Prepare the journal entry to record the reinstatement of the account receivable.

Information related to Kerber Co. is presented below.
1. On April 5, purchased merchandise from Wilkes Company for $23,000, terms 2/10, net/30, FOB shipping point.
2. On April 6, paid freight costs of $900 on merchandise purchased from Wilkes.
3. On April 7, purchased equipment on account for $26,000.
4. On April 8, returned damaged merchandise to Wilkes Company and was granted a $3,000 credit for returned merchandise.
5. On April 15, paid the amount due to Wilkes Company in full.
Collapse question
Prepare the journal entries to record these transactions on the books of Kerber Co. under a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
No. Date Account Titles and Explanation Debit Credit
1. April 5April 6April 7April 8April 15
2. April 5April 6April 7April 8April 15
3. April 5April 6April 7April 8April 15
4. April 5April 6April 7April 8April 15
5. April 5April 6April 7April 8April 15

James Perkins wants to have a million dollars at retirement, which is 15 years away. He already has $200,000 in an IRA earning 8 percent annually. How much does he need to save each year, beginning at the end of this year, to reach his target

Kenneth Clark is saving for an Australian vacation in three years. He estimates that he will need $4,970 to cover his airfare and all other expenses for a week-long holiday in Australia. If he can invest his money in an S&P 500 equity index fund that is expected to earn an average annual return of 11.4 percent over the next three years.

Required:
How much will he have to save every year if he starts saving at the end of this year?

The advantage to savers and investors of receiving compound interest rather than simple interest is that future values are larger because interest is earned on accumulated interest payments. Also, the difference in future values becomes smaller as time goes by.

a. True
b. False

When the Jones were shopping for their present home, the asking price from the previous owner was $375,000.00. The Jones had decided they would pay no more than $365,000.00 for the house. After negotiations, the Jones actually purchased the house for $350,000.00. They, therefore, enjoyed a consumer surplus of

The best way to learn about small business is to "bite the bullet" and start your own.

a. True
b. False

XYZ Tile Installation Corporation measures its activity in terms of square feet of tile installed. Last month, the budgeted level of activity was 1,180 square feet and the actual level of activity was 1,270 square feet. The company's owner budgets for supply costs, a variable cost, at $3.50 per square foot. The actual supply cost last month was $4,980. What would have been the spending variance for supply costs

Minor Electric has received a special one-time order for 1,500 light fixtures (units) at $5 per unit. Minor currently produces and sells 7,500 units at $6.00 each. This level represents 75% of its capacity. Production costs for these units are $4.50 per unit, which includes $3.00 variable cost and $1.50 fixed cost. To produce the special order, a new machine needs to be purchased at a cost of $1,000 with a zero salvage value. Management expects no other changes in costs as a result of the additional production. Should the company accept the special order?
A. No, because additional production would exceed capacity.
B. No, because incremental costs exceed incremental revenue.
C. No because incrementa conse o Yes, because incremental revenue exceeds incremental costs.
D. Yes, because incremental costs exceed incremental revenues.
E. No, because the incremental revenue is too low.

How does a business achieve economies of scale?

Mickley Company’s plantwide predetermined overhead rate is $20.00 per direct labor-hour and its direct labor wage rate is $15.00 per hour. The following information pertains to Job A-500: Direct materials $ 280 Direct labor $ 150 Required: 1. What is the total manufacturing cost assigned to Job A-500? 2. If Job A-500 consists of 70 units, what is the unit product cost for this job? (Round your answer to 2 decimal places.)