American Food Services, Inc., leased a packaging machine from Barton and Barton Corporation. Barton and Barton completed construction of the machine on January 1, 2018. The lease agreement for the $4.7 million (fair value and present value of the lease payments) machine specified four equal payments at the end of each year. The useful life of the machine was expected to be five years with no residual value. Barton and Barton’s implicit interest rate was 8%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

Required:
1. Prepare the journal entry for American Food Services at the beginning of the lease on January 1, 2018.
2. Prepare an amortization schedule for the four-year term of the lease.
3. & 4. Prepare the appropriate entries related to the lease on December 31, 2018 and 2020.

a.Record the lease payment and interest expense for American Food Services (2018)

b. Record the amortization of right-of-use asset for American Food Services (2018)

c. Record the lease payment and interest expense for American Food Services. (2020)

d. Record the amortization of right-of-use asset for American Food Services (2020)

Answer:

D. earning a bachelor's degree to become an interior designer

Explanation:

Answer:

D

Explanation:

Just took the test

The impact of a retail shopfitting strategy is that it ensures that the retail store attracts and engages the customers.

Retail shopfitting is the use of colors, displays, and various fittings as a strategic business move and attractively fitting the retail shop, ensuring:

Thus, the impact of a retail shopfitting strategy is that it ensures that the retail store attracts and engages the customers.

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The combines strategic planning, performance measurement, effective communication, and continuous improvement to support Joseph and Nicholas in their planning and controlling functions. It ensures a well-defined direction, data-driven decision-making, collaboration, and a focus on growth and adaptability.

In order to aid in the planning and controlling functions, the following approach can be recommended to Joseph and Nicholas:

1. Establish Clear Objectives and Goals: The first step in planning is to establish clear objectives and goals for the team. It is important to have a clear understanding of what needs to be accomplished and what the team's priorities are.

2. Assign Responsibilities: Assigning specific responsibilities to team members helps to ensure that everyone is working towards a common goal. Joseph and Nicholas should each be assigned to cover one area that is necessary for planning and controlling functions. This will help to ensure that all aspects of the project are covered and that there is no overlap or duplication of efforts.

3. Develop a Schedule: Developing a schedule that outlines the key milestones and deadlines for the project is essential to effective planning and control. This will help to ensure that the project stays on track and that deadlines are met.

4. Monitor Progress: Regularly monitoring progress against the schedule and objectives is necessary to ensure that the project is progressing as planned. This will help to identify any issues or problems that arise and allow for corrective action to be taken.

5. Communicate: Effective communication is critical to the success of any project. Joseph and Nicholas should establish a regular communication schedule to ensure that everyone is up-to-date on the project's progress, any issues or problems that arise, and any changes to the schedule or objectives.

6. Make Adjustments: Finally, it is important to be flexible and make adjustments as needed. If the project is not progressing as planned, adjustments may be necessary to the schedule or objectives to ensure that the project stays on track and that goals are met.

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Based on your current workload, it may not be effective to conduct the interview with no questions asked. The time required for the interview is 2 hours, and it's important to consider the value of this interview in terms of achieving your goals and objectives.

An interview is a conversation between two or more people, typically conducted to gather information, assess qualifications, or evaluate suitability for a particular role or position.

In the context of employment, an interview is typically conducted by a potential employer to evaluate a job applicant's skills, experience, and overall fit for the job.

It's also worth considering alternative options for conducting the interview, such as pre-prepared questions or a shorter time frame.

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Answer:

The Current price will result in a low supply for the good.

Explanation:

Answer above

The statement that most appropriately describes the current price for the goods displayed in the provided graph of demand and supply would be:

C). The current price will result in a low supply for the good.

Thus, option C is the correct answer.

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Answer:give me Brainliest

Explanation:

The rates for each of the activities in Scott Cameras' switch from a volume-based system to an activity-based system are as follows:

- Materials cost rate: $30 per camera

- Labor cost rate: $10 per minute of labor

- Inspection cost rate: $5 per camera

- Packaging cost rate: $5 per camera

1. Calculate the total activity costs for each activity:

  - Materials cost: $3,000,000

  - Labor cost: $500,000

  - Inspection cost: $50,000

  - Packaging cost: $500,000

2. Determine the number of cameras produced in the most recent quarter: 100,000 cameras.

3. Calculate the rate for materials cost:

  - Divide the total materials cost by the number of cameras produced:

    $3,000,000 / 100,000 = $30 per camera

4. Calculate the rate for labor cost:

  - Determine the total labor minutes required to produce all the cameras:

    30 minutes per camera * 100,000 cameras = 3,000,000 minutes

  - Divide the total labor cost by the total labor minutes:

    $500,000 / 3,000,000 minutes = $10 per minute of labor

5. Calculate the rate for inspection cost:

  - Determine the number of cameras that require inspection (20% of all cameras produced):

    20% * 100,000 cameras = 20,000 cameras

  - Divide the total inspection cost by the number of cameras requiring inspection:

    $50,000 / 20,000 cameras = $5 per camera

6. Calculate the rate for packaging cost:

  - Divide the total packaging cost by the number of cameras produced:

    $500,000 / 100,000 = $5 per camera

These rates will be used in the activity-based system to allocate costs based on the specific activities involved in producing the digital cameras.

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Answer:

1. To match your bank register with your bank statement; 2. the Deposit to account is Undeposited Funds

Answer:

Create Bill > Pay Bills

Explanation:

You have to create a bill for the transaction and also set in motion the payment when it is due.

Answer:

complement

Explanation:

A cover letter or a Job application letter and the resume are sent together to potential employers. The cover letter details the position being applied for and the applicant's specific skills and experiences for that position. The letter allows the applicant to elaborate on why they are the best candidate for the job.

A resume provides the technical aspects of the applicant, but the cover letter show shows their personality. The applicant demonstrates their passion, interest, and why hiring them is the best decision in the cover letter. Therefore, a cover letter complements the resume.

The snowshoe hare cycle is almost fully understood at this point. Predation and food availability cooperate to produce the 10-year cycle .

Although clearly, predation is the more important component. Food has a significant and primarily indirect wintertime impact.

Up to four litters can be born by a mother hare per year. After a year, the hares are mature. Few hares live to be this old. However, some hares have a five-year lifespan in the wild.

Hares are slightly bigger than rabbits, and they often have longer ears and taller hind legs.

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To pack eggs for shipping, you should first place them in a container that is crush-proof and secure. Make sure to fill any extra space in the container with cushioning material such as bubble wrap or Styrofoam peanuts.

What does Styrofoam peanuts means?

Styrofoam peanuts are a type of packing material made from expanded polystyrene foam. They are commonly used to fill the empty spaces in boxes so that items can be shipped safely and securely.

What is polystyrene foam?

Polystyrene foam is a type of plastic foam commonly used for insulation and cushioning. It is made from petroleum byproducts and is lightweight, durable, and inexpensive. Polystyrene foam can be cut and shaped into a variety of forms for a variety of applications, including packaging, insulation, and construction.

Also additionally, mark the outside of the container with “Fragile” or “This Side Up” to alert the handlers of the precious cargo inside. Lastly, be sure to use an expedited shipping service like overnight or two-day to reduce the risk of breakage.

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Tax planning can be done in a variety of ways, but it often involves two main strategies: lowering your annual income and maximizing your tax deductions.

Benefits like schools and roads, healthcare for the underprivileged and aged, police and fire protection, and the funding of the armed services are all made possible by tax money. Taxes fund the government's operations and the needs of the populace. Additionally, it aids in resource planning and management for the government.

Financial planning for tax efficiency is referred to as tax planning. It tries to lower one's tax obligations while making the best use of tax breaks, rebates, and advantages. Making financial and commercial decisions to reduce the impact of taxes is a part of tax planning.

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The type of production (or GDP) gap identified is the Negative production Gap. This is a situation where the economic output is less than the full capacity output.

A negative Unemployment Gap always translates to low growth and further shortfall in output and increasing rates of unemployment.

Three fiscal policy tools that can be used to tackle this situation are:

The above tools are expansionary in nature. They have the effects of stimulating aggregate demand hence causing an expansion in production and reducing unemployment.

The three monetary tools that can be used to combat the above situation are:

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Answer:

[A] chronological summary of all transactions posted to individual patient ledgers/accounts on a specific day

Explanation:

The manual daily accounts receivable journal is also known as the Day Sheet , and it is a chronological summary of all transactions posted to individual patient ledgers/accounts on a specific date.

Answer:

                                                      Industry average       Adrian Express

Average collection period                  25 days                     31 days

Average days in inventory                  60 days                    152 days

Current ratio                                             2                             3.91

Debt to equity ratio                               50%                          109%

Explanation:

Average collection period = (average accounts receivable / total net credit sales) x  365 days = {[(1,620,000 + 1,310,000) / 2] / 17,262,000} x 365 days = 30.98 ≈ 31 days

Average days in inventory = 365 days / inventory turnover

inventory turnover = COGS / average inventory = 10,624,000 / [(4,710,000 4,150,000) / 2] =  2.4

Average days in inventory = 365 days / 2.4 = 152 days

Current ratio = current assets / current liabilities = (cash + accounts receivable + inventory) / $1,930,000 = ($1,220,000 + $1,620,000 + $4,710,000) / $1,930,000 = $7,550,000 / $1,930,000 =3.91

Debt to equity ratio = total liabilities / stockholders' equity =  $4,200,000 / $3,860,000 = 1.09 or 109%    

Answer:Paying Back the Debt. Making payments to a bank or other lender can be stress-free if you have ample revenue flowing into your business. ...

High Interest Rates.

The Effect on Your Credit Rating.

Cash Flow Difficulties.

Explanation:

Answer:

A. cannot form a hook because it then would be upward sloping.

Explanation:

As in the case when the indifference curve slopes upward so the consumer would be indifferent that lies between the two bundles that generate more of the consumption goods

Now in case when the curve is hook sloping upward so the preference of the consumer could violate the assumption i.e. the more it is , the better it is

Therefore the option A is correct

Answer:

Emotional intelligence is defined as the ability to understand and manage your own emotions, as well as recognize and influence the emotions of those around you.

Utilities firms are one example of a monopoly among the possibilities given. When they are the exclusive provider of these necessary services in a certain region, utility firms, such as those that provide electricity, water, or natural gas, frequently act as Monopoly. As a result, customers are virtually forced to adopt the services offered by the local utility company since they have no other alternatives.

The Landlord's Game, which was developed by Lizzie Magie in the United States in 1903 to advance Henry George's economic theories, particularly his views on taxation, and to show that an economy that rewards Utilities individuals is preferable to one in which monopolies hold all the wealth, is the source of Monopoly.

The Landlord's Game originally featured two sets of rules, one that included taxes and another that serves as the foundation for the present regulations.

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The unending flow of goods and services, income, as well as expenditure in an economy is referred to as the circular flow. It depicts the circular redistribution of income between the production unit and households. Land, labour, capital, as well as entrepreneurship are examples of these.

The circular flow of diagram's outer loop depicts the flow of factor services from households to firms, as well as the corresponding flow of payments for factors from firms to households.

The inner loop depicts the flow of goods and services from firms to households, as well as the flow of consumer spending from households to firms. The entire amount of money paid by firms as factor payments is returned to the firms by the factor owners.

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The two major ways in which the buyer decision process is different in B2B than in B2C includes:

It refers to the process of decision-making that are used by the consumers as regards the market transactions before, during and after the purchase of a good or service. Most time, the buying decision process is seen as form of a cost-benefit analysis in the presence of multiple alternatives.

The difference between a business to business and a business to consumer transaction is not the product orservice itself; rather, it is the ultimate purchaser and user of that product or service.

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Viewing a failed attempt as merely part of the process and a useful way to gain knowledge and become successful is known as having a growth mindset.

It is the understanding that failure and setbacks are not indicative of one's fixed abilities, but rather opportunities for growth and improvement. Instead of viewing failure as a negative outcome, individuals with a growth mindset see it as a stepping stone toward success.

When someone embraces a growth mindset, they approach challenges with resilience and a willingness to learn from their mistakes. They understand that failure is not the end of the road but rather a chance to analyze their actions, identify areas for improvement, and adjust their strategies accordingly.

By adopting a growth mindset, individuals are more likely to persevere through obstacles, take risks, and continuously develop their skills. They view failure as valuable feedback and use it as a tool to gain knowledge and insights that can propel them forward in their journey toward success. This mindset fosters a sense of optimism, curiosity, and a love for learning.

Cultivating a growth mindset can lead to personal and professional growth, as it encourages individuals to embrace challenges, persist in the face of obstacles, and develop a lifelong love for learning and self-improvement. It allows individuals to harness the power of failure as a catalyst for growth and ultimately increases their chances of achieving success.

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The overhead rates for the departments of Fabrication and Assembly are $15.17 and $8.25 per direct labour hour, respectively.

We must divide the entire overhead expense by the total direct work hours for each unit in order to determine the predetermined overhead for each department. For the division of fabrication:

All direct labour hours for Fabrication divided by Fabrication overhead costs equals the overhead rate.

Overhead rate is $409,500 divided by [(1 hour per speedboat multiplied by 4,500 speedboats) + (three hours per bass boat multiplied by 4,500 bass boats)].

Overhead is calculated as 27,000 direct work hours x $409,500.

Cost of overhead is $15.17 per hour of direct labour

Regarding the Assembly division:

All direct labour hours for Assembly divided by Assembly overhead cost equals the overhead rate.

Overhead rate is equal to $259,875 divided by [(3 hours per speedboat times 4,500 speedboats) + (4 hours per bass boat times 4,500 bass boats)].

$259,875 in overhead divided by 31,500 hours of direct labour

Cost of overhead is $8.25 per hour of direct labour.

As a result, the overhead rates for the departments of Fabrication and Assembly are $15.17 and $8.25 per direct labour hour, respectively.

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Answer:

A. A balance sheet shows the total assets, liabilities, and owner's

equity at the end of the period

Explanation:

As we know that

The income statement recognized only the income earned and expenses incurred of an organization

While on the other hand the balance sheet shows the financial position, profitability of the company. It involves assets, liabilities and stockholder equity

So according to the given options, the option A is correct

hence, the rest of the options would be incorrect

Answer:

A. A balance sheet shows the total assets, liabilities, and owner's

equity at the end of the period

Explanation:

a p exz

If Fiona buys 16 peaches and 4 apples at her local farmer's market each week, we can infer that C. If Fiona is maximizing her utility, then her marginal utility from the 16th peach she buys must be equal to her marginal utility from the 4th apple she buys.

Marginal utility describes the benefit derived from the consumption of one additional unit of a product or service.

The marginal utility can be computed using this formula:

Marginal utility = total utility difference/quantity of goods difference.

This means that marginal utility is equal to the change in total utility divided by the change in the number of goods consumed.

Thus, if Fiona buys 16 peaches and 4 apples at her local farmer's market each week, we can infer that Option C is correct.

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Answer:

$43,475

Explanation:

Planned wages and salaries = $1,580 + $315 x 133 births

                                                = $43,475

The wages and salaries in the planning budget for September would be closest to: $43,475

he SOSTAC model is a strategic planning framework that stands for Situation analysis, Objectives, Strategy, Tactics, Action, and Control.

Situation analysis: ASOS operates in the highly competitive and dynamic online fashion industry. It was founded in 2000 and has grown rapidly since then to become a global brand with a presence in over 200 countries.

Objectives: ASOS's objective is to become the go-to destination for online fashion shopping. It aims to provide its customers with a seamless and personalized shopping experience that caters to their unique style preferences.

Strategy: ASOS's strategy is centered on offering a wide range of products from its own label as well as other brands, at competitive prices. It also uses technology to enhance the customer experience by providing features like visual search, social media integration, and personalized recommendations.

Tactics: ASOS uses various tactics to execute its strategy, such as aggressive marketing campaigns, partnerships with influencers, and collaborations with other brands. It also invests heavily in technology to constantly improve its online platform and provide customers with a seamless shopping experience.

Action: ASOS regularly updates its product offerings, website design, and marketing campaigns to stay relevant and appeval to its target audience. It also actively engages with its customers through social media and other channels to understand their preferences and needs.

ASOS has become such a successful online fashion brand due to its effective execution of the SOSTAC model. Its focus on offering a wide range of products at competitive prices, using technology to enhance the customer experience, and actively engaging with customers has helped it establish a strong brand identity and a loyal customer base.

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