Arctic Cat sold Seneca Motor Sports a shipment of snowmobiles that have a fair market value of $40,000. Seneca paid for the snowmobiles on January 1, 2021, with delivery to occur subsequently. Unless informed otherwise, assume that Arctic views the time value of money component of this arrangement to be significant, and that the relevant interest rate is 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:
Assume that, on January 1, 2021, Seneca prepays Arctic for a December 31, 2021 delivery of the snowmobiles. Prepare the journal entry for Arctic to record collection on January 1, 2021, assuming Seneca prepays the present value of the snowmobiles.
Prepare the journal entry for Arctic to record delivery of the snowmobiles on December 31, 2021.
Assume instead that delivery is to occur on December 31, 2022. Prepare the journal entry for Arctic to record collection on January 1, 2021, assuming Seneca prepays the present value of the snowmobiles.
Assume instead that Arctic does not view the time value of money component of this arrangement to be significant. Also assume that, on January 1, 2021, Seneca prepays Arctic for a December 31, 2021 delivery of the snowmobiles, and that Seneca prepays the present value of the snowmobiles. Prepare the journal entry for Arctic to record collection on January 1, 2021.

The best phrase to remember in the accounting equation is to debit all assets, expenses, and losses, and to credit all liabilities, equity, gains, and incomes.

The accounting equation shows that assets are equal to liabilities and equity, given each business transaction.

The implication of the above definition is that when a transaction occurs, which may give rise to expenses, losses, gains, and incomes, the assets and liabilities and equity equation remains in balance.

For instance, when a company incurs an expense for cash, the assets (cash) side is reduced by the amount.  Similarly, the equity side is also reduced by the same amount.

Thus, the best phrase to remember in the accounting equation is to debit all assets, expenses, and losses, and to credit all liabilities, equity, gains, and incomes.

Learn more about the accounting equation at https://brainly.com/question/24401217

#SPJ1

Answer:

Option B; Creating face-to-face interviews

Explanation:

Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.

Answer:1,2,4,5

Explanation: just took the assignment

Answer:

1, 2, 4, 5

Explanation:

Got it right on edge 2020

Remainder Part of Question:

                                                Cash Flow

Initial Costs                              $365,000

Annual Benefits                       $90,000

Operation and Maintenance   $15,000

Salvage Value                          $25,000

Lifetime in years                       10 Years

Answer:

As the IRR > MARR, hence the investment is financially viable.

Explanation:

Find the attachment below:

As the economy and communication advancement created more prosperous middle, working classes and minimized the state's ability to censor information., then, these have led to the spread of democracy.

The concept of democracy relates to having a prosperous nation whereby every citizen have a fair right and enjoyment in the country.

In conclusion, both factors of economy and communication advancement have led to the spread of democracy.

Read more about democracy

brainly.com/question/73641

George will be approved for a credit card only if he has a positive credit history, and if he meets the requirements the bank asks for.

Obtaining a credit card for most people depends on two main factors:

Note: This question is incomplete because the descriptions of the three cards are missing; due to this, I answered based on general knowledge.

Learn more about credit card in: https://brainly.com/question/1113886

Answer:

You might consider adding a time buffer to any of these activities.

Explanation:

Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service.

Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.

Furthermore, the main purpose of project management is working toward a common goal.

This ultimately implies that, project managers should ensure adequate attention and time is taken to identify, analyze and manage capital, raw materials, people, system of tasks and other resources, so as to effectively and efficiently achieve a common goal with all project stakeholders.

A time buffer also referred to as slacks or lag can be defined as the additional amount of time added to a project in order to keep it on track and/or flexible.

Generally, in the execution of a project, when a task is delayed it normally affects the start or finishing time of the other tasks (successors) in a project. The amount of time that is permitted for an activity to be delayed without delaying the early start date of any immediately following (succeeding) activities refers to free slack, which is capable of having an adverse effect on entire project.

A project manager might consider adding a time buffer to any of the following activities;

I. Activities with scarce resources.

II. Activities with severe risks.

III. Merge activities that are prone to delays.

IV. Noncritical activities with very little slack.

Answer:

$40,000

Explanation:

The operating income using absorption costing is find out by using the following equation

Sales revenue                        $72,000    (400 units × $180)

Less:

Direct material cost               $2,400    (400 units × $6)  

Direct labor cost                    $10,800   (400 units × $27)  

Variable manufacturing overhead $7,600    (400 units × $19)  

Fixed manufacturing overhead     $4,000

Variable selling and admin cost $4,000   (400 units × $10)  

Fixed selling and admin cost      $3,200

Operating income using absorption costing   $40,000

We simply subtract all expenses from the sales so that the operating income under absorption costing could arrive

Answer:

A. Competitive and open markets.

C. A dependable legal system.

D. Political stability.

Explanation:

A Competitive and open Market ensures that people have enough incentives to invest in the development of factors of production because it rewards that investment with a healthy return. In a Competitive market, unfair competition will not be present therefore people will get equal opportunities to make returns.

A dependable Legal System and Political Stability go hand in hand to ensure that investors will have enough faith in the system to want to invest in Factors of Production. If a country is stable politically and abides by the rule of law, an investor will be assured that when they invest, these investments will be protected by the powers that be and their returns will not be impacted by political upheavals and breaches of contract that cannot be rectified.

There needs to be an increase in encrypted protection of sensitive data to maintain ethics on the EHR, patient portal, etc.

Technology has revolutionized people's lives in a social and professional way, with the internet being part of work, shopping and personal relationships between individuals. Web 3.0 is configured as an innovative means where the internet can be accessed from any device and where it is possible to exchange data between both, improving the speed with which information is shared.

In order to decide whether this is an ethical tool, it is necessary, in relation to the protection of online information, that it is focused on data security, with information available only when clearly permitted by the user, so that it can be used for commercial purposes and personalization of internet usage for example.

Find out more about Web 3.0 on:

https://brainly.com/question/28148171

#SPJ1

When corporate departments implement plans of action that support higher-level strategies, they are following a functional strategy. Here option C is the correct answer.

A functional strategy refers to the specific actions and plans that a department or unit within an organization takes to support the overall goals and objectives of the organization.

For example, the marketing department may develop a functional strategy to promote the company's products or services, the human resources department may develop a functional strategy to attract and retain talented employees, and the information technology department may develop a functional strategy to support the technology needs of the organization.

Functional strategies are developed at the departmental level and are aligned with the overall strategic objectives of the organization. By implementing effective functional strategies, departments can contribute to the success of the organization and help it achieve its goals.

To learn more about functional strategy

https://brainly.com/question/13223689

#SPJ4

Answer:

1. a. A bond issued by a government that is engaged in a civil war.

2. 1. The Standard & Poor's 500 is an example of a stock index.

Explanation:

A key part of the interest rate on a bond is the risk attached to the issuer of the bond. A government engaged in civil war is definitely riskier than the stable government of Japan because there is a chance that they might not even pay if they are defeated and a new government comes in. Such a government will therefore issue at a higher rate to cater for this risk.

The Standard and Poor's 500 is indeed an example of a stock index and it is used to gauge the performance of 500 large companies on various exchanges in the U.S. A corporation can either increase, decrease or maintain stock price by issuing stock so option 2 is wrong. Option 3 is wrong as well because trading stock on an organized exchange does not bring in any revenue for the issuing firm.

Answer:

They are useful because you save time and money (and most people consider that time is money). Most apps offer services for free while normally your bank used to charge you for them. Sometimes it is not only what you pay for certain services or not, but the amount of time you spend doing something that can be easily done through an app, e.g. instead of going to an ATM you can just use a cellphone. Those 20-30 minutes that you save cost money. Another advantage of doing things online is that you have the information on hand, and you can check your transactions easily, e.g. when preparing tax returns.

Direct deposit, mobile banking, and financial applications are recommended by the Financial Diet because they save time and money.

The majority of applications provide services for free, although your bank would generally charge you for them.

It's not only about whether you pay for particular services or not; it's also about how much time you spend doing something that might be done quickly with an app, such as withdrawing money from an ATM instead of going to one.

Those 20-30 minutes you save are a financial investment. Another benefit of doing things online is that you have access to the information and can readily check your transactions, such as when filing tax returns.

Find out more information about 'Tax returns'.

https://brainly.com/question/14315557?referrer=searchResults

Explanation:

Title: "Digital Marketing Strategies for Small Businesses: A Case Study"

Article Source: Harvard Business Review

Summary:

The article "Digital Marketing Strategies for Small Businesses: A Case Study" discusses how small businesses can effectively utilize digital marketing strategies to compete in today's highly competitive business landscape. The case study presented in the article focuses on a small boutique clothing store that implemented various digital marketing tactics to increase their online visibility and drive more sales.

The article highlights the importance of having a strong online presence for small businesses, as consumers increasingly rely on digital channels to discover and purchase products and services. The case study outlines the steps taken by the boutique store, including optimizing their website for search engines, creating engaging social media content, and implementing email marketing campaigns to engage with customers.

The article also emphasizes the need for small businesses to adapt their digital marketing strategies based on changing consumer behaviors and market trends. For example, the boutique store in the case study shifted their focus to social media advertising when they noticed that their target audience was spending more time on social media platforms.

Relation to Course Topics:

The article aligns with several topics covered in the Business Management or Marketing course. It highlights the importance of digital marketing for small businesses and the need to adapt strategies to changing consumer behaviors, which are key concepts in modern marketing. The case study also provides practical examples of how small businesses can implement digital marketing tactics, such as search engine optimization, social media marketing, and email marketing, which are commonly covered in marketing courses.

The article also emphasizes the significance of understanding consumer behavior and market trends, which are important considerations in business management. It underscores the need for small businesses to continually assess and adjust their marketing strategies to remain competitive in the ever-evolving digital landscape.

Overall, the article provides a relevant and practical case study that showcases the application of digital marketing strategies for small businesses, making it a valuable resource for students studying business management or marketing.

Review:

The "Digital Marketing Strategies for Small Businesses: A Case Study" article is a well-written and informative piece that provides practical insights into how small businesses can effectively leverage digital marketing strategies. The case study presented in the article is relevant and relatable, making it easy to understand the challenges faced by small businesses in the digital marketing realm.

The article is concise, yet comprehensive, covering key concepts such as search engine optimization, social media marketing, and email marketing in a clear and understandable manner. The use of a real-life case study adds credibility and practicality to the article, making it more engaging for readers.

The author's writing style is engaging and easy to follow, with a good balance of theoretical concepts and practical examples. The article is well-structured, with clear headings and subheadings that make it easy to navigate and locate specific information.

One potential improvement could be the inclusion of more recent data or statistics to support the author's points and provide additional evidence of the effectiveness of the digital marketing strategies discussed. However, overall, the article is a valuable resource for students studying business management or marketing, as it provides relevant and practical insights into how small businesses can navigate the digital marketing landscape to achieve their business goals.

In conclusion, the "Digital Marketing Strategies for Small Businesses: A Case Study" article is a recommended read for students studying business management or marketing. It offers valuable insights into the challenges and opportunities of digital marketing for small businesses and provides practical examples that can be applied in real-world business settings. The article's alignment with course topics and its clear and engaging writing style make it a useful resource for students looking to deepen their understanding of digital marketing strategies.

Broadcasting companies pay for the right to broadcast sporting events for the following reasons: Advertising revenue, Pay-per-view, Boost viewership.

Advertising revenue: Broadcasting companies earn income through advertising revenue, and sports events have a large audience. As a result, broadcasting companies compete to secure broadcasting rights for sports events so that they can generate advertising revenue from the broadcasts.

A large audience attracts more advertisers, and advertisers are willing to pay more to reach a larger audience, so it's a win-win situation for broadcasting companies.

Pay-per-view: Broadcasting companies often charge viewers a fee to watch live sporting events, with the fee varying based on the importance of the event and the audience size. As a result, broadcasting companies profit from live streaming sporting events through pay-per-view services.

Boost viewership: Sports events have a large following, and broadcasting companies are well aware of this fact. By securing the broadcasting rights to major sporting events, broadcasting companies can boost their viewership ratings, which can translate into higher advertising revenue.

This is particularly true for high-profile sports events such as the Super Bowl, which attracts millions of viewers from around the world. By broadcasting such events, broadcasting companies can increase their visibility and audience reach.

For more question on revenue

https://brainly.com/question/16232387

#SPJ8

Answer:

Explanation:

Stocks are available for people over the legal adult age in most countries, which is 18. After 18, the individual has the opportunity to connect and buy stocks from many brokerages.

Answer:

A residual plot is a graph that has on the vertical axis, the residuals and on the horizontal axis, the independent variable.

Explanation:

The residual plot gives a representation of the closeness of how each data point is vertically from the graph of the prediction equation from the model. It shows a fairly random pattern. If the data point is above or below the graph of the prediction equation of the model that is supposed to be the most appropriate for the data.

It is typically used to find problem with regression

Answer:

$2,820 favorable

Explanation:

Calculation to determine direct materials quantity variance

Using this formula

Direct materials price variance = (Actual materials cost per lb. - Standard materials cost per lb.) * Actual quantity lb

Let plug in the formula

Direct materials price variance = ($5.40 - $6.00) * 4,700 lbs.

Direct materials price variance = (-$0.60) * 4,700 lbs.

Direct materials price variance = $2,820 favorable

Therefore the direct materials price variance is $2,820 favorable.

All of the aforementioned statements regarding the career agency distribution system are correct except: Personal producing general agents (PPGAs) are commonly hired to manage career agencies.

An agency can be defined as the ability of an individual to identify valued goals, priorities and desired outcomes, so as to enhance the purposeful pursuit of those goals and desired outcomes proactively, efficiently and effectively.

A career agency distribution system can be defined as a type of distribution system that typically involves an insurance company making use of its own commissioned agents, in order to sell and deliver insurance policies.

In conclusion, a career agency distribution system is the most common system that is used for distributing individual life insurance products.

Read more on career agency distribution system here: https://brainly.com/question/26285319

#SPJ1

Complete Question:

All of the following statements regarding the career agency distribution system are correct EXCEPT:

It uses agents who primarily if not exclusively represent one insurer.

Personal producing general agents (PPGAs) are commonly hired to manage career agencies.

There are two types, the general agency system and the managerial system.

The managerial form of career agency system uses company employees as the agency managers.

Explanation:

to calculated this question to solve

Answer: C. 40.4%

Explanation:

To find the rate of change in production, we can use the following formula:

Rate of change = (New value - Old value) / Old value * 100

Where,

Old value = Production of last month = 900

New value = Production of this month = 1264

Substituting the values in the formula,

Rate of change = (1264 - 900) / 900 * 100= 364 / 900 * 100= 0.404 * 100= 40.4%

Therefore, the rate of change in production is 40.4%, which is an option (c). I hope that this answer has helped you!

Answer:

The correct answer is C.

Explanation:

The rate of change in production is: (1264 - 900) / 900 = 0.404 or 40.4%. So, the correct answer is c. 40.4%

Answer:

I believe it is marital will

Investments generally grow to an expotential rate because they grow on themselves. Another term for this concept is Compounding. The correct option is b.

Compounding is the process in which an asset’s earnings, from either capital gains or interest, are reinvested to generate additional earnings over time. This growth, calculated using exponential functions, occurs because the investment will generate earnings from both its initial principal and the accumulated earnings from preceding periods.

Exponential growth is a process that increases quantity over time. It occurs when the instantaneous rate of change of a quantity with respect to time is proportional to the quantity itself.

Learn more about exponential, here:

https://brainly.com/question/30929439

#SPJ1

Answer:

C. A listing of balances

Explanation:

Balance sheet or statement of financial position is a financial statement that reports all the company's assets and liabilities and equity in a specific accounting period

Makwakwa Attorneys SECONDARY

Cape Timber & Mo SECONDARY

Shoprite SECONDARY

Anglo platinum SECONDARY

Eskom SECONDARY

The private sector plays a crucial role in the economy by driving innovation, creating jobs and contributing to economic growth. It encompasses businesses and organizations that are privately owned and operated, rather than being under government control.

The private sector includes various industries such as agriculture, manufacturing, services, finance and more. Its purpose is to generate profit and provide goods and services to meet the demands of consumers. By operating independently, the private sector promotes competition, efficiency and entrepreneurship leading to economic development and increased prosperity.

Read more about private sector

brainly.com/question/11503492

#SPJ1

Answer:

The Four Functions of Management: What Managers Need to Know

Planning. One main role of a manager is creating a plan to meet company goals and objectives. ...

Organizing. ...

Leading. ...

Controlling. ...

How to Develop Key Management Skills. ...

Work to Develop Your Management Skills With an MBA.

When liabilities outweigh assets, imports outweigh exports, or expenses over revenues, a deficit results. The national debt is increased by federal budget deficits. Government spending and tax policies are used by fiscal policy to affect macroeconomic factors such as inflation, employment, and total demand.

The term "liability" can refer to both being held accountable for something as well as owing someone money or services. A homeowner's tax liability, for instance, may be determined by how much in property taxes he must pay to the city or in income taxes to the federal government. Financial accounting defines liabilities as the obligations a company has to its customers. Money owing to suppliers, or accounts payable, is a typical liability for small firms. On a company's balance sheet, a typical financial statement produced by financial accounting software, you can see liabilities.

To learn more about  liabilities click,

https://brainly.com/question/14921529

#SPJ1