A monopolistically competitive firm may be able to continue earning greater than a normal profit in the long run ______.

(i) The bankruptcy of Makibra Ltd’s primary customer, who owes 60% of the accounts receivable, will have a substantial impact on the financial statements of Makibra Ltd because the accounts receivable balance will be irrecoverable.

(ii) Audit procedures to perform are Performing analytical procedures, Obtaining direct confirmation, Inquiring about subsequent events, and Performing tests of collectability.

(i) The potential impact of the bankruptcy on the financial statements of Makibra Ltd for the year ended 31 December 2021:

In financial accounting, accounts receivable is an asset account used to record the money owed to an entity for products or services delivered but not yet paid for. The bankruptcy of Makibra Ltd’s primary customer, who owes 60% of the accounts receivable, will have a substantial impact on the financial statements of Makibra Ltd because the accounts receivable balance will be irrecoverable. Makibra Ltd’s financial statements for the year ended 31 December 2021 will therefore overstate its financial position, which will result in material misstatements. The financial statements should therefore be adjusted to account for the loss of the irrecoverable receivable.

(ii) Audit procedures to perform:

In order to determine the need for adjustments in the financial statements of Makibra Ltd, audit procedures to gather sufficient appropriate audit evidence regarding the collectability of the accounts receivable should be performed.

Here are some audit procedures to consider:

Perform analytical procedures: Analytical procedures should be conducted on the accounts receivable for the year 2022 and its percentage relationship with the prior year. The auditor should inquire as to why accounts receivable have grown so much and why the relationship to the prior year has changed so dramatically. This inquiry can provide more information about the general ledger accounts and can be a source of evidence.

Obtain direct confirmation: The auditor should confirm the receivable with the debtor by obtaining direct confirmation from the debtor, asking for confirmation of the amount owed at the end of the year. Confirmation should also request a statement of account to be sent directly to the auditor.

Inquire about subsequent events: As part of the auditor's inquiry, the auditor should ask management if they have information about subsequent events or transactions that may affect the recoverability of the receivable. Management should be able to provide evidence about the potential irrecoverability of the receivable.

Perform tests of collectability: The auditor should perform tests of collectability on the accounts receivable, such as reviewing payment history, the creditworthiness of the debtor, and collections on similar accounts receivable. Based on the results of these tests, the auditor should be able to assess whether an adjustment for the potential loss is necessary.

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a. The amount that will go to the preferred stockholders is $400,000.

b. The amount of the declared dividend that will be available for common stock dividends is $200,000 ($600,000 - $400,000).

Data and Calculations:

Cumulative Preferred Stock Outstanding = 100,000 shares

Dividends per share = $2

Cumulative Preferred Dividend last year = $200,000 (100,000 x $2)

Preferred Dividend this year = $200,000 (100,000 x $2)

Total preferred dividend to be paid this year = $400,000

Thus, the Preferred Stockholders will be paid $400,000 ($200,000 for last year and $200,000 for this year).

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Answer:

Sweden is generally considered a highly-favorable investment destination.  Sweden offers an extremely competitive, open economy with access to new products, technologies, skills, and innovations.  Sweden also has a well-educated labor force, outstanding communication infrastructure, and a stable political environment, which makes it a choice destination for U.S. and foreign companies.  Low levels of corporate tax, the absence of withholding tax on dividends, and a favorable holding company regime are additional incentives for doing business in Sweden.

Sweden’s attractiveness as an investment destination is tempered by a few structural, business challenges.  These include high personal and VAT tax regimes. In addition, the high cost of labor, rigid labor laws and regulations, a persistent housing shortage, and the general high cost of living in Sweden can present challenges to attracting, hiring, and maintaining talent for new firms entering Sweden.  Historically, the telecommunications, information technology, healthcare, energy, and public transport sectors have attracted the most foreign investment. However, manufacturing, wholesale, and retail trade have also recently attracted increased foreign funds.

Overall, investment conditions remain largely favorable.  Forbes Magazine ranked Sweden second in “The Best Countries for Business for 2019,” a ranking that takes into account factors such as property rights, innovation, taxes, technology, corruption, freedom, red tape, and investor protection.  In the World Economic Forum’s 2017-2018 Competitiveness Report Sweden was ranked twelfth out of 138 countries in overall competiveness and productivity.  Also in 2018, Transparency International ranked Sweden as one of the most corruption-free countries in the world –third out of 180.

In addition, Sweden is well equipped to embrace the Fourth Industrial Revolution, with a superior IT infrastructure.  Bloomberg’s 2019 Innovation Index ranked Sweden in seventh place among the most innovative nations on earth. Sweden is a global leader in adopting new technologies and setting new consumer trends.  U.S. and other exporters can take advantage of a test market full of demanding, highly sophisticated customers.

Followership refers to the role, behavior, and actions of individuals who are not in a leadership position, but rather, they support and collaborate with their leaders to achieve shared goals. Followership is an essential aspect of organizational success, as it complements leadership and fosters a harmonious work environment.

Effective followers exhibit characteristics such as being proactive, taking responsibility, and engaging in open communication with their leaders. They also possess the ability to think critically and provide valuable feedback for the betterment of the team. By embracing the principles of followership, individuals contribute positively to the overall performance and morale of the organization.

It is important to note that followership does not imply blind obedience or passivity. Instead, it involves active engagement and collaboration with leaders to achieve common objectives. In this dynamic relationship, leaders and followers must work together, learn from each other, and adapt to changing circumstances.

In conclusion, followership is a vital component of successful organizations and plays a significant role in accomplishing shared goals. By cultivating strong followership skills, individuals can effectively support their leaders, enhance team performance, and contribute to the growth and success of the organization.

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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:

Answer:

A12 = 7,400 units * 60% = 4,440 units

B22 = 7,400 units * 15% = 1,110 units

C124 = 7,400 units * 25% = 1,850 units

7,400 units

Explanation:

Calculation of breakeven point :-

Total breakeven point :-

Total fixed costs / weighted average unit contribution margin

= $267,806 / $36.19

= 7,400 units

Model breakeven point :-

total breakeven point* sales mix

A12 = 7,400 units * 60% = 4,440 units

B22 = 7,400 units * 15% = 1,110 units

C124 = 7,400 units * 25% = 1,850 units

The weighted average contribution margin for Sunland Corporation's mosquito zapper models is 46.3%, calculated by taking the sales mix of each model into account. This figure indicates the proportion of each dollar of sales that contributes to covering fixed costs and generating profit.

The weighted average contribution margin is crucial for determining the company's profitability and making informed decisions about product mix and pricing strategies.

It reflects the overall efficiency of production and the ability to cover fixed expenses. By understanding the contribution margin for each model and their respective sales mix, Sunland Corporation can optimize its product offerings, focus on high-margin models, and allocate resources effectively to maximize profitability.

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Answer:

I think answer is 41.97.

Charts inserted into a PowerPoint slide will be done with the help of the insert menu.

To insert an Excel chart in a PowerPoint slide following steps will be in use:

Click Insert > Chart as well as select the desired chart to start building a basic chart from scratch in PowerPoint.

Click Chart under the Exhibits group under the Insert tab.

Press the arrows to go through the different chart types in the Insert Chart dialogue box.

Choose OK after selecting what kind of chart you like.

Another method to do the same will be

To copy a chart from Excel into another Office program, select the chart and hit Ctrl+C.

Launch PowerPoint and then hit Ctrl+V to paste the chart there.

Decide how you would like to paste the chart by clicking Paste Options beside it.

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The statement that is not a significant influence on deciding where to locate and perform R&D is:

"R&D supporting global products and services should be located overseas."

This statement is not entirely accurate because the location of R&D supporting global products and services may vary depending on various factors, such as the location of the target market, availability of resources and talent, intellectual property laws, and the business strategy.

Therefore, it cannot be concluded that R&D supporting global products and services should be located overseas.

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Answer:

I'm not completely what the correct answer is

Debit is on the left side and credit is on the right side of the t-account.

This is false because it should be posted on the left side, not the right side.

What is a t-account?

T-accounts are a colloquial term for a group of double-entry accounting financial records. The account is referred to as a T-account as a result of how the bookkeeping entries are structured. The account title can be seen directly above the T.

In the example below, a company's landlord sends it a $10,000 rent invoice for the month of July. The T account shows a debit of $10,000 to the rent expense account and a credit of $10,000 to the accounts payable account. T accounts are sometimes known as ledger accounts. In asset accounts, the credit (right) side always indicates a fall, and the debit (left) side always indicates a gain.

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Answer:

the covariance is -0.0151

Explanation:

The computation of the covariance is given below:

= correlation coefficient × standard deviation of x × standard deviation of y

= -0.4 × 18% × 21%

= -0.0151

Hence, the covariance is -0.0151

We simply applied the above formula so that the correct value could come

Answer:

I think the answer is D) all the above.

Answer: Profit of $9,000

Explanation:

First find the Cost of goods sold assuming the LIFO was used. 82,000 of the most recent stock will be sold and 4,000 will be taken from the beginning stock to reach 86,000 units.

= (82,000 units * 23) + (4,000 * 20)

= $‭1,966,000‬

LIFO liquidation profit(loss):

= (Sales - Cost of Goods sold) * ( 1 - Tax)

Selling price is assumed to be $23 which is cost of recent inventory.

= [(86,000 * 23) - 1,966,000 ] * (1 - 25%)

= 12,000 * 0.75

= $9,000

The fourth industrial revolution, also known as Industry 4.0, is bringing about a massive transformation in the way we live, work and learn.

The Industrial Revolution was a period of time in the 18th and 19th centuries when major changes in agriculture, manufacturing, and transportation had a profound effect on the socioeconomic and cultural conditions in Britain.

It is characterized by the increased use of technologies such as artificial intelligence (AI), the Internet of Things (IoT), robotics, and 3D printing. These changes are having a profound effect on education, from the way students learn to the way teachers teach.
One of the major impacts of the fourth industrial revolution on education is the shift from traditional instructional methods to more personalized, adaptive learning. With the use of AI and machine learning, students can now receive tailored instruction and content that is tailored to their individual learning styles and needs. This not only helps to increase student engagement and achievement, but also helps teachers to better meet the needs of their students.
Another way the fourth industrial revolution is affecting education is through the increased use of technology in the classroom. Technologies such as virtual reality and augmented reality are being used to create immersive learning experiences, while collaborative platforms are being used to facilitate group discussions and activities. This increased use of technology is allowing students to gain more hands-on experience and to better understand complex concepts.
Finally, the fourth industrial revolution is also having an impact on how students are assessed. With the use of AI and machine learning, teachers are able to gain insights into student performance and assess them in real time. This not only allows for more accurate assessment and feedback, but also helps to ensure that students are learning the material effectively.

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Answer:

$76,260

Explanation:

Calculation to determine the total period cost for the month under variable costing

Using this formula

Total Period cost = Variable selling and administrative cost + Fixed manufacturing overhead + Fixed selling and administrative cost

Let plug in the formula

Total Period cost = ($14 × 1,760) + $18,180 + $33,440

Total Period cost =$24,640+$18,180 + $33,440

Total Period cost =$76,260

Therefore the total period cost for the month under variable costing is $76,260

The law of supply and demand is the foundation of microeconomics. In this system, supply refers to the amount of a particular product or service that businesses are prepared to provide, while demand refers to the amount of the same product or service that consumers want to purchase.

Supply and Demand Curve Labeling Demand curve: The quantity of a good that consumers are willing to purchase at a given price point is known as the demand curve. Demand curves are usually drawn downward-sloping because as the price of a good rises, consumers become less willing to pay for it.

Supply curve: The quantity of a good that businesses are prepared to offer at a particular price point is known as the supply curve. Because businesses are more likely to provide additional goods if the price of those goods is high, supply curves are often upward-sloping.

Equilibrium point: The price at which the amount of a good that consumers are willing to buy is equal to the amount of that good that businesses are prepared to supply is known as the equilibrium point. In other words, it's the point where the supply and demand curves intersect.

Quantity: The quantity of goods that are supplied and demanded at the equilibrium point is the quantity.In conclusion, the supply curve illustrates the relationship between price and quantity supplied, whereas the demand curve illustrates the relationship between price and quantity demanded.

The equilibrium price and quantity can be found where the two curves intersect.

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Answer:

there

Explanation:

regulation, taxation, and subsidies.

Answer:

Explanation:

regulation, taxation, and subsidies.

Answer:

Great Depression

EXPLANATION:

I hope this helps (:

The amount of gain that will be recognized in 2021 under the installment method, is $27, 857 . 14

First, find the profit margin on the land sold by Allen to Stan:
= ( Selling price of land - Allen's basis in the land) / Allen's basis in the land

= ( ( 300, 000 + 65, 000) - 255, 500) ) / 255, 500

= 109, 500 / 255, 500

= 42. 857 %

The gain to be recognized, using the installment method is:
= Profit margin x Amount paid by Allen in 2021

= 42. 857 % x $ 65, 000

= $27, 857 . 14

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The first thing that ana should do before she has a difficult conversation with the underperforming employee is to decide what the purpose and outcome of the conversation will be therefore the correct answer is c

she should decide what the purpose and outcome of the conversation will be whether she will give the employee a written warning for instance before having a difficult conversation with an underperforming employee

it is important for the supervisor to define the purpose and outcome of the conversation this will help to ensure that the conversation is productive and focused and that the employee understands the expectations and consequences of their behavior

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Option (c), All of the following are implied by the micro-EWOT, with the exception of uncritical reasoning.

EWOT poses no risks or adverse effects when used correctly and for no more than 15 minutes at a time. When more oxygen is breathed than is recommended, there is no risk of becoming ill from it.

HBOT functions in a different way than EWOT. HBOT is a passive procedure in which the pressure forces oxygen into the tissues. More oxygen enters the tissues as a result of the plasma's super saturation caused by EWOT. After then, the extra oxygen is used by the body.

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The complete question is:

The micro-EWOT implies, inter alia, all of the following, EXCEPT

Based on the accrued interest on all notes in December, the adjusted entries to describe this accrual will be:

Date                       Account title                                     Debit            Credit

XX-December       Interest expense                           $4,650

                              Interest payable                                                $4,650

When expenses are accrued in a period, it means that they have not been paid and will only be paid in another period. As a result, they are a liability to the business.

This liability can be credited to a liability account which in this case is the interest payable account.

To show the transfer from the interest expense account, the aforementioned account will be debited to show that its expenses of interest would be accrued.

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Dividends are paid out by companies as a strategy to reward present stockholders and lure in new ones.

Owners of one or more shares of a company's capital stock are referred to as stockholders or shareholders. As a result of being seen as distinct from the corporation, an investor is only partially liable for its debts. Common stockholder is a term used to describe a person who owns shares of common stock in a firm. The corporation's board of directors is chosen by the company's common investors, who also cast ballots on specific decisions like the company's merger with another corporation. When a business succeeds more and more, common stockholders typically benefit financially. Some businesses also issue preferred stock along with common stock. Preferred stockholders are the people who own shares of preferred stock.

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Answer:

Equivalent units of production = 11,640 units

Explanation:

Equivalent units of production = Completed and transferred unit + Ending Work in Process inventory*60%

Equivalent units of production = 8,400 + (5,400 * 60%)

Equivalent units of production = 8,400 + 3,240

Equivalent units of production = 11,640 units

The company's earnings per share is 20, dividend payout ratio is 0.1  and dividend yield is 1.25.

The dividend payout is the ratio between dividend per equity share and earning per equity share.

Earning per share =  Earning net interest and tax/ Number of shares                 outstanding

                             = $6,000,000/3,00,000

                             = 20

Dividend per share = Total Dividend/ No of shares

                                 = $600,000/300,000

                                 = $2

Dividend payout ratio = Dividend per share/Earning Per Share

                                    = $2/20

                                    = 0.1

Market value per share = P/E Ratio × Earning per share

                                        = 8 × 20

                                         = $160

Dividend Yield =  Dividend per share/ Market Value Per Share

                         = $2/$160×100 = 1.25

Therefore the earning per share indicates the earnings of the company is attributable to the equity shareholders. The company's dividend payout ratio and dividend yield ratio indicate the percentage of earnings paid to shareholders via dividends.

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