A crab fisherman goes out to sea for weeks at a time catches as many crabs as possible and sells the crabs to larger distributors .commercial industry field of business activity falls under this category.
Geographically, oceans are smaller than oceans and are usually found where land and ocean meet. Part of the ocean is usually surrounded by land. The sea is located at the edge of the sea and is partially surrounded by land.
The terms "sea" and "ocean" are often confused when talking about the sea. The ocean is usually considered a smaller body of water, partially covered by land. This often marks where the sea and land meet. Oceans generally refer to vast bodies of salty water that cover most of the earth.
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Tomlinson Packaging Corporation began business in 2018 by issuing 30,000 shares of $5 par common stock for $8 per share and 5,000 shares of 6%, $10 par preferred stock for par. At year end, the common stock had a market value of $10. On its December 31, 2019 balance sheet, Tomlinson Packaging would report:___________
a. Common Stock of $100,000
b. Paid-In Capital of $150,000
c. Common Stock of $200,000
d. Common Stock of $160,000
Answer:
d. common stock of $150,000.
Explanation:
First and foremost, upon issuance of stocks, the common stock account would be credited with the total par value of the shares issued as shown below:
total par value=par value per share*shares issued
total par value=$5*30,000
total par value=$150,000
The paid-in capital would be credited with the total amount the cash proceeds from the share issue exceeds the total par value
total cash proceeds=$8*30,000
total cash proceeds=$240,000
paid-in capital=$240,000-$150,000
paid-in capital=$90,000
The correct option is the common stock of $150,00, except that the number of shares issued is 20,000,hence, the common stock of $100,000 would be correct
Check a similar question below to drive home my point:
Kerwin Packaging Corporation began business in 2010 by issuing 30,000 shares of $5 par common stock for $8 per share and 10,000 shares of 6%, $10 par preferred stock for par. At year-end, the common stock had a market value of $10. On its December 31, 2011 balance sheet, Kerwin Packaging would report:
a. common stock of $300,000.
b. paid-in capital of $150,000.
c. common stock of $240,000.
d. common stock of $150,000.
Ivanhoe Corporation had the following activities in 2020. 1. Sale of land $195,000 4. Purchase of equipment $446,000 2. Purchase of inventory $760,000 5. Issuance of common stock $302,000 3. Purchase of treasury stock $73,000 6. Purchase of available-for-sale debt securities $54,000 Compute the amount Ivanhoe should report as net cash provided (used) by investing activities in its 2020 statement of cash flows. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
Answer:
Ivanhoe Corporation
Cash flows from investing activities:
Cash proceeds from sale of land $195,000
Purchase of equipment ($446,000)
Purchase of AFS securities ($54,000)
Total cash flow from investing activities ($305,000)
Explanation:
1. Sale of land $195,000 ⇒ INVESTING ACTIVITY
2. Purchase of inventory $760,000 ⇒ OPERATING ACTIVITY
3. Purchase of treasury stock $73,000 ⇒ FINANCING ACTIVITY
4. Purchase of equipment $446,000 ⇒ INVESTING ACTIVITY
5. Issuance of common stock $302,000 ⇒ FINANCING ACTIVITY
6. Purchase of available-for-sale debt securities $54,000 ⇒ INVESTING ACTIVITY
A company has designed a new product and tested the prototype. What is the
next step in product development?
O A. Test-market the product.
B. Evaluate ideas.
C. Generate ideas.
O D. Launch the product.
Product development consist of 7 stages.After product development or improvement they are put launched in the market for testing.
What are the stages of product development?The new product development/advancement is a seven-stage process that plans to change a thought into a useful, quality item.
Summarizing the seven phases of New Product Development: thought/idea Creation,
thought/idea screening, idea advancement, and testing, market methodology/business investigation, item/product improvement,market testingmarket section/commercialization.So after product development or improvement there is market testing.
Therefore,option A aplty desceribes the stage after product development.
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You can earn 3% interest on a CD and 1.25% interest on a savings account.
How much more interest will the CD earn for one year if you make a deposit of
$1,650?
Financial Lit, please help!!
Answer:
The CD will earn $49.50 more interest than the savings account for one year if you make a deposit of $1,650.
The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet. She has studied three locations. Each would have the same labor and materials costs (food, serving containers, napkins, etc.) of $2.40 per sandwich. Sandwiches sell for $3.20 each in all locations. Rent and equipment costs would be $5,650 per month for location A, $5,825 per month for location B, and $6,075 per month for location C.
location C has the highest break-even quantity of 7,593.75 sandwiches.
Given, The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet. She has studied three locations. Each would have the same labor and materials costs (food, serving containers, napkins, etc.) of $2.40 per sandwich.
Sandwiches sell for $3.20 each in all locations. Rent and equipment costs would be $5,650 per month for location A, $5,825 per month for location B, and $6,075 per month for location C.The formula for the break-even point is as follows:Fixed costs / (sales price per unit - variable costs per unit).
First, let's calculate the variable costs per sandwich.V = labor and materials cost per sandwich= $2.40 per sandwichNext, we calculate the contribution margin:Contribution margin per sandwich = Selling price - Variable costs= $3.20 - $2.40= $0.80 per sandwichFixed costs for A = $5,650Fixed costs for B = $5,825Fixed costs for C = $6,075.Substitute the values in the formula:Breakeven quantity A = $5,650 / ($3.20 - $2.40) = $5,650 / $0.80 = 7,062.5 sandwiches Breakeven quantity B = $5,825 / ($3.20 - $2.40) = $5,825 / $0.80 = 7,281.25 sandwiches.
Breakeven quantity C = $6,075 / ($3.20 - $2.40) = $6,075 / $0.80 = 7,593.75 sandwiches.
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The competitive threat that outsiders will enter a market is weaker when
The competitive threat that outsiders will enter a market is weaker when the incumbents enjoy substantial cost advantages.
The competitive threat that outsiders will enter a market refers to the possibility that new firms will enter a market to compete against existing firms. It is the degree of competition in a market that is determined by the ability of other companies to enter the same market and offer similar goods or services at a lower cost.
There are certain factors that determine the competitive threat of outsiders, these are:Ease of Entry: When the cost of entering a market is low, the threat of new entrants is high and vice versa.Brand loyalty: In markets where consumers are more loyal to the existing brands, the competitive threat of new entrants is weaker.
Patents: In markets where incumbents hold many patents, the competitive threat of new entrants is weaker.Cost advantage: The competitive threat of outsiders is weaker when incumbents enjoy substantial cost advantages.Cost advantage is the answer to your question.
The competitive threat that outsiders will enter a market is weaker when incumbents enjoy substantial cost advantages.
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(Just need some ideas and inspiration) What do you consider the most important challenge that will face people in the United States in the years ahead?
Food security, hunger, poverty, population growth, pollution, heatwaves, droughts, and climate change are all interconnected.
What is Food security?Food security refers to the availability of food in a nation and the capacity of its citizens to obtain, afford, and procure enough food.
The United Nations Committee on World Food Security defines food security as everyone having constant physical, social, and economic access to enough, safe, and nourishing food that satisfies their dietary needs and food preferences for an active and healthy life.
Another aspect of food security is the accessibility of food regardless of class, gender, or area.
Food security was a problem many thousands of years ago, as shown by the fact that central governments in ancient China and ancient Egypt were known to release food from storage during famines.
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Farm Equipment, Inc., produces tractors and other farm machinery. Each piece of equipment is built to customer specifications. During May, its first month of operations, Farm Equipment, Inc., began working on three customer orders: jobs 1, 2, and 3. The following transactions occurred during May:
Purchased production materials on account totaling $450,000
Processed material requisitions for the following items:
Job 1 direct materials $77,600
Job 2 direct materials $38,600
Job 3 direct materials $45,000
Indirect materials $87,000
Processed timesheets showing the following:
Job 1 direct labor hours (700 hours) $14,800
Job 2 direct labor hours (550 hours) $11,800
Job 3 direct labor hours (300 hours) $ 6,500
Indirect labor $ 9,700
Applied overhead using a predetermined rate of 160 percent of direct labor cost
Completed job 1 and transferred it to finished goods
Delivered job 1 to the customer and billed her $140,000. (Hint: Two entries are required—one for the cost of the goods and another for the revenue.)
Required: Calculate the production costs incurred in May for each of the three jobs. (Answers must be entered as numbers only. No spaces, dollar signs, commas, decimals, etc. Example: 50000)
Job 1
Job 2
Job 3
Total
Direct Materials
A. $
D. $
G. $
$161,200
Direct Labor
B. $
E. $
H. $
$33,100
Manufacturing Overhead
C. $
F. $
I. $
$52,960
Total Cost Per Job:
$116,080
$69,280
$61,900
$247,260
Using the previous information, make the appropriate journal entry for each item described above. Assume all payments will be made next month. You will use the following accounts at least once: Raw Materials Inventory, Accounts payable, WIP Inventory, Manufacturing Overhead, Raw Materials Inventory, Wages Payable. (Answers must be entered as numbers only. No spaces, dollar signs, commas, decimals, etc. Example: 50000)
05/01/20XX
J.
$450,000
K.
$450,000
Purchased Production Materials on Account
05/XX/20XX
WIP Inventory
L. $
Manufacturing O/head
M. $
Raw materials Inventory
$248,200
Transfer Raw Materials into WIP
05/XX/20XX
WIP Inventory
N. $
Manufacturing Overhead
$9,700
Wages Payable
$42,800
Apply labor costs to Inventory
05/01/20XX
WIP Inventory
$52,960
Manufacturing Overhead
$52,960
Apply Man. Overhead to Inventory costs
Answer:
true
Explanation:
kkkkkkkk
Question 3 of 10
A typical point-of-sale display features products that are likely to be
O A. luxury goods
O B. sophisticated electronics
O C. impulse purchases
O D. display samples
SUBMIT
Answer:
C. impulse purchases
Explanation:
I just took the test
it's c. impulse purchases
what changes in experiment are found to have made a difference, this type of validity is established
The best forms of changes in experiments that contribute to strong validation is:
Internal Validity. Internal validity investigates whether the study design, methodology, and analysis provide unbiased answers to the research questions
What is an experiment?An experiment is a technique that is carried out to support or deny a hypothesis, or to test the efficacy or probability of something that has never been done before.
Experiments shed light on cause-and-effect relationships by revealing what happens when a certain element is changed.
What re the various kinds of validity?The following are various types of validity:
Validity on the surface.Validity of contentValidity of constructionInternal consistency.External credibility.Validity of statistical conclusionsValidity based on criteria.Learn more about experiments:
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Deflation tends to occur when:
1) the buying power of money in terms of goods and services increases.
2) the buying power of money in terms of goods and services decreases.
3) the spending power of money in terms of goods and services increases.
4) the spending power of money in terms of goods and services decreases.
Please give the answer, and explain what the difference is between spending power and buying power. Thanks!!
Please help soon! Click this link to view O*NET’s Skills section for Chefs and Head Cooks.
Note that common skills are listed toward the top, and less common skills are listed toward the bottom.
According to O*NET, what are common skills needed by Chefs and Head Cooks? Select three options.
technology design
monitoring
management of personnel resources
programming
time management
installation
Answer: monitoring, management of personal resources, time management
Explanation:
Answer:
monitoring, management of personnel resources, critical thinking, and time management
Explanation:
EDGE 2021
Will give 5 stars
Predesigned PowerPoint slides that include a combination of colors and fonts are called?
backgrounds
designs
themes
variants
Answer:
themes
Explanation:
mark me Brainliest please
Explain the use of business technology
Business technology is any electronic object or system that helps employees accomplish tasks. The technology that employees use includes computers, internet systems, printers, mobile devices and software applications that help them organize and prioritize work. Business technology can also help divide work as well, giving employees different goals to make larger tasks easier. Managers can use business technology to look for new hires, arrange collaborations with other businesses or assess the company's finances.Payroll: With computer systems, specialized software and scheduled payroll programs, a business uses technology to transfer payment to employees and contractors during each pay period. Some of these processes are entirely automatic.
Hiring: With the internet, businesses can access job forums to gain talent from around the world. Networking and computer systems give managers access to software that creates flyers, job descriptions and scheduling tools for finding talent.
Inventory management: Data storage systems allow businesses to create elaborate spreadsheets to record and locate inventory. These software programs may have an active classification system that informs employees if certain inventory is present in a warehouse or on transit.
Task allocation: Both offline and online software systems can help managers allocate work to employees. They can assign tasks virtually through custom websites and use internet chat rooms to discuss objectives.
Communication: Communication software allows businesses to discuss projects and plans with employees, even remotely. Some systems even have optimization options for businesses that have exclusively remote staff.
Data storage: Data storage systems allow companies to file records, financial statements and company data all in a secure database that employees can access from almost anywhere. For production companies, a data storage system can help managers track orders, manage stock and oversee general production.
Security: Security software helps keep electronic content safe, preventing unauthorized users and inputs. It can also help employees remain compliant with safety standards in the company.
list of purpose & uses of assets
Answer:
Explanation:
Assets may be used to store wealth, create income, and reduce future expenses.
Assets are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations. An asset can be thought of as something that, in the future, can generate cash flow, reduce expenses, or improve sales, regardless of whether it's manufacturing equipment or a patent.
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Using Activity Based Costing, calculate the rate for each cost driver.
13 marks b) Using activity based budgeting, prepare a budgeted yearly operating statement for
Aero3D Ltd. Show the following separately, within the statement.
i. The budgeted output for each product per year;
ii. The contribution to profits for each product and in total before charging activity based costs;
iii. The profit for each product and in total after charging activity based costs but before charging core costs (non-activity based costs);
iv. The total profit after charging core based costs.
i. Budgeted output for each product per year is XS PRO: 3,400 units and POLYX: 1,800 units
ii. Contribution to profits for each product and in total before charging activity-based costs are XS PRO: £561,000 + POLYX: £379,800 (£940,800)
iii. Profit for each product and in total after charging activity-based costs but before charging core costs are XS PRO: Profit after activity-based costs and POLYX: Profit after activity-based costs
iv. Total profit after charging core costs: Total profit after charging core costs
How did we arrive at these values?To calculate the rate for each cost driver using Activity Based Costing (ABC), divide the total cost of each cost pool by its respective cost driver.
a) Calculation of rates for each cost driver:
1. Condensing machine:
Rate = Total cost of condensing machine / Number of production batches
Rate = £450,000 / 60
Rate = £7,500 per batch
2. Shaping machine:
Rate = Total cost of shaping machine / Shaping machine hours
Rate = £130,000 / (3,400 × 0.50 + 1,800 × 0.70)
Rate = £130,000 / 2,400
Rate = £54.17 per shaping machine hour
3. Manual handling of material:
Rate = Total cost of manual handling of material / Weight of material handled
Rate = £55,000 / (3,400 × 1.2 + 1,800 × 1.4)
Rate = £55,000 / 7,040
Rate = £7.80 per kilogram of material handled
b) Budgeted yearly operating statement for Aero3D Ltd:
i. Budgeted output for each product per year:
- XS PRO: 3,400 units
- POLYX: 1,800 units
ii. Contribution to profits for each product and in total before charging activity-based costs:
Contribution per unit = Selling price - Direct material cost - Direct labor cost
- XS PRO: £175 - £8 - £2 = £165 per unit
- POLYX: £225 - £10 - £4 = £211 per unit
Contribution before activity-based costs:
- XS PRO: £165 × 3,400 = £561,000
- POLYX: £211 × 1,800 = £379,800
Total contribution = £561,000 + £379,800 = £940,800
iii. Profit for each product and in total after charging activity-based costs but before charging core costs:
Cost breakdown per unit:
- XS PRO:
- Condensing machine cost = Rate (Condensing machine) × Number of production batches
- Shaping machine cost = Rate (Shaping machine) × Shaping machine hours
- Manual handling cost = Rate (Manual handling of material) × Weight of material handled
Total cost per unit = Direct material cost + Direct labor cost + Condensing machine cost + Shaping machine cost + Manual handling cost
- POLYX:
- Condensing machine cost = Rate (Condensing machine) × Number of production batches
- Shaping machine cost = Rate (Shaping machine) × Shaping machine hours
- Manual handling cost = Rate (Manual handling of material) × Weight of material handled
Total cost per unit = Direct material cost + Direct labor cost + Condensing machine cost + Shaping machine cost + Manual handling cost
Profit after activity-based costs but before core costs:
- XS PRO: Selling price - Total cost per unit
- POLYX: Selling price - Total cost per unit
iv. Total profit after charging core costs:
Total profit = Total contribution - Core costs
Since the core costs are given as a fixed amount and not linked to any activity or cost driver, they are not allocated using the ABC method.
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EAR versus APR [LO4] Two banks in the area offer 30-year, $220,000 mortgages at 5.5 percent and charge a $3,500 loan application fee. However, the application fee charged by Insecurity Bank and Trust is refundable if the loan application is denied, whereas that charged by I.M. Greedy and Sons Mortgage Bank is not. The current disclosure law requires that any fees that will be refunded if the applicant is rejected be included in calculating the APR, but this is not required with non fundable fees (presumably because refundable fees are part of the loan rather than a fee). What are the EARs on these two loans? What are the APRs?
Answer:
application fee. However, the application fee charged by Insecurity Bank and Trust is refundable if the loan application is denied, whereas that charged by I.M. Greedy and Sons Mortgage Bank is not. The current disclosure law requires that any fees that will be refunded if the applicant is rejected be included in calculating the APR, but this is not required with non fundable fees (presumably because refundable fees are part of the loan rather than a fee). What are the EARs on these two loans? What are the APRs?
What is meant by interest elasticity
Answer:
Interest elasticity means that demand for a financial product changes with changes in the interest rate.
Explanation:
The proportional change in the quantity of money demanded divided by the proportional change in interest rate.
“Automation is bad for the economy because machines will eventually replace almost all human workers, creating high unemployment and poverty.” Do you agree or disagree? Explain your answer.
I agree that "automation is bad for the economy because machines will eventually replace almost all human workers, creating high unemployment and poverty". This is because with automation, most jobs will be done by machines and robots. This will leave a large percent of human workers jobless.
What is Automation?Automation may result in job losses and wage reductions. Be aware that those who can operate machines are thought to be more productive than those who cannot.
Keep in mind that automation tends to reduce both the costs and prices of goods and services, making consumers feel richer while also causing certain human skills to be lost.
Accordingly, the following abilities will be lost as automation is implemented:
A. Communication Skills.
B. Social Skills.
C. Critical Thinking
D. the application of imagination and reflection.
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You have a credit card bill from ABC Credit for a total of $3,754. Please group the transactions within the appropriate T-Accounts based on the chart of accounts in your resources section. Within that balance the following transactions are listed:
$420 Office Supplies
$334 Auto (company van payment)
$1500 123 Computers to Go
$250 Electric Company
$100 Water
$150 Good Steak House (company luncheon)
$250 ABC Office Supplies
$100 Fuel Stop
$650 Furniture
Credit card bill from ABC credit have listed a number of expenses made, these needs to be posted according to the relevant accounting heads.
What is Accounting?Accounting is the calculation of cash, in other terms it is the study of debit and credit. The accounting teaches the treatment of different transactions, the transactions are divided in different heads, asset, expense, income, liability and capital.
T Accounts should be made as follows.
Assets
DR $1500 Computers
DR $650 Furniture
DR $334 Van Payment
Expenses
DR $420 Office Supplies
DR $250 Electric Company
DR $100 Water
DR $250 Office Supplies
Petty Expenses
DR $150 Steak House
DR $100 Fuel Stop
The expenses are distributed among the heads that they are relevant to, petty expenses only contains the payment for expenses that are immaterial in nature and amount, Asset account have the payments made for assets.
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Scores for The Big Five personality test are presented as percentiles. true or false
Scores for The Big Five personality test are presented as percentiles: True.
What is a personality test?A personality test can be defined as a psychological tool that is designed and developed to measure the characteristic patterns of traits and behavior that an individual exhibit under certain circumstances, conditions and across various situations.
The Big Five personality test.In Psychology, the Big Five personality test comprises five (5) traits and these include the following:
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A security is currently selling for $8,000 and promises to pay $1,000 annually for the next 9 years, and $1,500 annually in the 3 years thereafter with all payments occurring at the end of each year. If your required rate of return is 7% p.a., should you buy this security and why?
Answer:
Yes, because the return is greater than 7%
Explanation:
You will get NPV = 656.41. Because the NPV > 0, the cash inflows are greater than the cost (i.e., thecash outflows). So, again, this is a good investment.
A security providing such returns shall not be bought if the required rate of return is 7%.
What is required rate of return?The expected percentage of returns over an investment at the time of making such investment is known as the required rate of return. In the given case, the required rate of return is 7%.
The actual returns earned over making such purchase of the security for $8000 and getting returns of $4500 is calculated around a return of 4.5%.
Hence, the security should not be bought is the rate of return required is 7% over the investments made.
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The more productive a company can be, the greater its return on that investment and the higher the profit.
True
False
Answer: true
Explanation:
why is manufacturing becoming more competitive
If a firm is interested in altering their D/E ratio they can engage in a ______.
If a firm is interested in altering their D/E ratio they can engage in a reducing/increasing their debt level.
What is known as D/E ratio?In accounting, the Debt-to-equity ratio refers to an accounting tool that compares a company’s total liabilities with its shareholder equity and can be used to assess the extent of its reliance on debt.
The financial metric is used to evaluate a company’s financial leverage and is calculated by dividing a company’s total liabilities by its shareholder equity. It is important as its measure the degree to which a company is financing its operations with debt rather than its own resources.
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Where would your client navigate to view the status of a bill payment that was paid using Bill Pay powered by Melio?
Here are the steps:
Go to the Reports menu on the left pane.Select Bills and Applied Payments from the What you owe section.Click the Customize button at the top.Go to the Rows/Columns drop-down, and then check the box for the Tracking # and other info you want to include it.I hope this helps!!!
You have discovered that one of you closest friends at work has stolen a large sum of money from the company. Would you do nothing? Go directly to an executive to report the incident before talking about it with the offender? Confront the individual before taking action? Make contact with the individual with the goal of persuading that person to return the money?
Answer:I would recommend confronting the individual before taking any action. It is important to first discuss the issue with the offender to understand the situation and whether it was intentional and deliberate. If the offender is uncooperative or unwilling to return the money, then the next step would be to go directly to an executive to report the incident.
Explanation:
Depository institutions (Dis) play an important role in the transmission of monetary policy from the Federal Reserve to the rest of the economy because A. U.S. Dls compete with foreign financial institutions. B. loans to corporations are part of the money supply. C. bank and thrift loans are tightly regulated. D. thrifts provide a large amount of credit to finance residential real estate. E. DI deposits are a major portion of the money supply.
(b)loans to corporations are part of the money supply depository institutions (Dis) play an important role in the transmission of monetary policy from the Federal Reserve to the rest of the economy because
The Federal Reserve Board can involve directly the commercial banks in the implementation of monetary policy through changes in the reserve requirements and the discount rate.A Federal Reserve open market sale decreases the money supply.The Fed engages in open market operations very frequently and with great effect. Open market operations are the primary way that the Fed tries to change the money supply.The Fed has traditionally used three tools to conduct monetary policy reserve requirements, the discount rate.To increase the growth of the money supply,the Fed could either buy bonds,lower the reserve requirement ratio,or lower the discount rate.To decrease the growth of the money supply,the Fed could either sell bonds,raise the reserve requirement ratio, or raise the discount rate.
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market research utilizes data to determine how many different readers there have been of a single issue of a magazine. is the term for this. pass-along readership derived leadership guaranteed circulation primary circulation national rate
Part of the issue is that test markets aren't identified and new goods aren't developed and tested in a systematic enough manner to inform marketing personnel.
One of the drawbacks of using magazines as a form of advertising is which of the following?Expensive: Magazine advertising might be more costly than newspaper advertising. Rivalry: Due to the similar readership of several magazines, there is more competition for readers' attention and ad space.
A pass-along readership is what?reader to pass along. MARKETING. a person who reads a copy of a newspaper or magazine that has already been purchased but who did not purchase it themselves: Most of our readers are pass-along readers who didn't actually purchase the magazine themselves.
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classmate
Date
Page
and
controlling centre of the organizatroit:
Justity.
s
3 "An office is planning implementing
Answer:
what it is................