Simultaneous increase in interest costs and a fall in the number of outstanding shares.
What do you mean by stock?These corporate ownership records are commonly referred to it as stocks. The share, on the other hand, refers to the stock certificate of a specific corporation. When you own shares of a certain corporation, you are considered a shareholder. There really are two categories of stocks: preferred and common.
What are 3 types of stock?Small-, mid-, and large-capitalization stocks. The largest market capitalizations of firms are referred to as large-cap stocks, while successively smaller companies are represented by mid-cap and small-cap stocks. These groups are not well delineated from one another.
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Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables:
Mar. 17 Received $275 from Shawn McNeely and wrote off the remainder owed of $1,000 as uncollectible.
Mar. 17 Reinstated the account of Shawn McNeely and received $1,000.
Answer:
Mar. 17
Dr Cash $275
Dr Allowance for uncollectible accounts $1,000
Cr Accounts receivables $1,275
July 29
Dr Accounts receivables $1,000
Cr Bad Debts expense $1,000
Dr Cash $1,000
Cr Accounts receivables $1,000
Explanation:
Preparation of the journal entries using the direct write-off method of accounting for uncollectible receivables
Mar. 17
Dr Cash $275
Dr Allowance for uncollectible accounts $1,000
Cr Accounts receivables $1,275
($275+$1,000)
July 29
Dr Accounts receivables $1,000
Cr Bad Debts expense $1,000
Dr Cash $1,000
Cr Accounts receivables $1,000
Question 16 of 20
Frank just met with his marketing team to create his billboard sign. So far, he
knows the billboard will have a catchy slogan, a brief description about the
company and what makes them different, and information directing
customers to visit his website. What element of an effective advertisement is
Frank's billboard missing?
A. Unique selling proposition
B. Call to action
C. Appropriate information
O D. Exciting graphics and color
Answer:
b. call to action
Explanation:
An element of an effective advertisement is Frank's billboard missing is Call to action. Thus the correct option is B.
What is advertisment?An advertisement is referred tool of promotion to create awareness of any product among customers and persuade them to make a purchase which helps in the sales of the product.
In this paragraph, it is described that Billboards have a catchy slogan that gets successful gets the attention of the customer, and influences them to make a visit to their website.
The element of effective advertising which the billboard is missing is a call to action that encourages customers to take action of buying. Here Billboards is unable to tell a story to engage customers so that they will not turn their actions of buying.
Therefore, option B is appropriate.
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Isabella and Antonio are auto mechanics. Isabella takes 6 hours to replace a clutch and 4 hours to replace a set of brakes. Antonio takes 8 hours to replace a clutch and 6 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage.
Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.
- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.
How to determine the whether anyone has an absolute advantage at either task and, for each taskTo determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.
Let's analyze the tasks:
1. Clutch Replacement:
- Isabella takes 6 hours.
- Antonio takes 8 hours.
Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.
2. Brake Replacement:
- Isabella takes 4 hours.
- Antonio takes 6 hours.
Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.
Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.
Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.
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The threat of lawsuits has caused some drug companies not to manufacture certain types of vaccines. What type of risk management option is being practiced?
Answer:
C) Avoiding the risk
type of risk management option is being practiced.
Explanation:
Risk management is the method of recognizing, evaluating, and managing threats to an organization's resources and incomes. These signals, or uncertainties, could originate from a wide category of causes, including financial contingency, legal responsibilities, strategic administration mistakes, disasters, and natural disasters.
Strategies on how to minimize expenses in cooking?
Answer:
1. Calculate Your Food Costs
2. Be Consistent When Calculating Inventory
3. Work with Your Food Suppliers
4. Join a Group Purchasing Organization
5. Manage Your Food Orders
6. Implement Restaurant Portion Control
7. Use the First In, First Out (FIFO) Method
8. Utilize Your Daily Specials
9. Keep Your Staff Informed
Explanation:
Althea Brown contributed equipment, inventory, and $34,000 cash to a partnership. The equipment had a book value of $23,000 and a market value of $29,000. The inventory had a book value of $60,000 but only had a market value of $15,000 due to obsolescence. The partnership also assumed a $12,000 note payable owed by King that was used originally to purchase the equipment. Provide the journal entry for Brown’s contribution to the partnership. 5pts.
The journal entry for Brown’s contribution to the partnership are:
Dr. Cash 34,000
Dr. Inventory 15,000
Dr. Equipment 29,000
Cr Notes Payable 12,000
Cr Althea Brown, Capital 66,000
For instance, the accompanying effects might be felt on the partner's capital record and outside premise: Commitments to the association - Build the capital record and outside premise. Appropriations: Lessens the capital record and outside premise.
These capital records address the responsibility for the organization by the accomplices. The Accomplices' Capital Record is an Individual record since it was intended for reporting changes connected with accomplices' capital.
Given:
Dr. Cash 34,000
Dr. Inventory 15,000
Dr. Equipment 29,000
Cr Notes Payable 12,000
Cr Trevor Smith, Capital 66,000
(78,000-12,000)
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Ye principles of internal control do bot include (a) preparation of written procedures. (B) conduct of external audits
(c) segregation of duties
(D) job rotation
(E) restricted asset acccess
Ye principles of internal control do not include restricted asset access
Option E is correct .
What befit the principles of internal control include?The most significant control conditioning concern segregation of duties, respectable authorization of sales and conditioning, acceptable documents and records, physical control over means and records, and self-dependent checks on performance.
What's internal control?Internal control is a procedure, effected by an reality's board of directors, supervision and other workforce, allowed to give reasonable satisfaction That facts is dependable, accurate and immediate. Of compliance with applicable laws, regulations, contracts, programs and processes.
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Which contra asset account will be subtracted to calculate total fixed assets?
The accumulated depreciation account occurs on the balance sheet and lowers the gross amount of fixed assets.
What is a contra asset account deducted from the related asset account?A contra account exists utilized in a public ledger to decrease the value of a connected account when the two exist netted together. A contra account's natural balance exists as the opposite of the associated account. If a debit exists the natural balance is recorded in the linked account, and the contra account documents a credit.
Contra assets merely detract from the entire value of the asset account, all one contains to do exists to add up all the assets together first. Later, add up all the depreciation. Finally, carry the aggregate depreciation and subtract it from the entire assets.
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Which of the following are examples of variable cost?
(select 3 answers)
a. a radio ad
b. hourly employees
c. the yarn used to make a scarf
d. rent of an office space
e. the shampoo used to groom pets
f. internet services
Answer:
Which of the following are examples of variable cost?
hourly employees
Variable costs vary directly and proportionally to variations in the level or volume of business activity. Examples of variable costs include options (c), (d), and (e).
What is a variable cost?A variable cost is a corporate and business expense that varies in relation to the amount of product or service produced or sold.
Variable costs rise or fall in relation to a company's production or sales volume, rising as production increases and falling as production drops.
As a result, variable expenses include the yarn required to manufacture a scarf, the rent for office space, and the shampoo used to groom dogs.
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Assignment 8R (15 points) Assignment 8R: Working with Data and Events Instructions Save this file in your course folder, and name it with Assignment, the assignment letter, the section number, and your first initial and last name. For example, Jessie Robinson's assignment 1R for Section 1 would be named Assignment1RJRobinson. Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day, be sure to save your progress. Review Lesson 4 of the Course Overview for instructions about turning in your assignments. Assignment Questions In Section 8, you learned about spreadsheets, databases, and events. Now, you'll use what you learned to answer the questions below. 1. Describe a job where you would be likely to use spreadsheet software. Explain what you might use it for. (1-3 sentences. 2.5 points) 2. List at least five pieces of information you would want to keep track of if you were creating a customer database for your own company. Complete sentences are not necessary. (2.5 points) 3. Explain why you wouldn't want to use the customer first or last name field as the primary key for a table. What problem could this create? (1-4 sentences. 3.0 points) 4. Describe a report that a company might want to create and run on a regular basis. (1-3 sentences. 3.0 points) 5. List at least two types of internal events that a company could plan in order to improve employee morale. (1-2 sentences. 2.0 points) 6. List at least two types of external events that a company could plan in order to increase sales or publicity. (1-2 sentences. 2.0 points)
A job where spreadsheet software would be likely used is a financial analyst position. It can be used to organize and analyze financial data, and generate reports.
What are the information to be kept in keeping a customer's database?The information are given below:
2. - Customer names
- Contact information (phone number, email address, physical address)
- Purchase history
- Payment details
- Customer preferences or interests
3. Using the customer first or last name field as the primary key for a table might not be ideal because there can be multiple customers with the same name.
4. A company might want to create and run a sales performance report on a regular basis. This report could include information on sales revenue, units sold, top-selling products or services, sales trends, and comparisons to previous periods.
5. Two types of internal events that a company could plan to improve employee morale are team-building activities and recognition programs. Team-building activities such as retreats, sports event foster camaraderie and collaboration among employees. Recognition programs, such as employee of the month awards or appreciation events.
6. Two types of external events that a company could plan to increase sales or publicity are product launches and promotional events. Product launches can create buzz and generate interest among potential customers, attracting attention to new offerings.
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How does a mechanic's lien assist creditors?
In 2018, Southwestern Corporation completed the treasury stock transactions listed below.
February 2: Reacquired 67,000 shares at $11.70.
March 17: Sold 17,000 treasury shares at $13.85.
May 17: Sold 22,000 treasury shares at $7.85.
Southwestern had issued 100,000 shares of its $1 par common stock for $10 several months ago. Prepare the journal entries to record the above transactions.
Answer:
realy sorry but i don't know pardon mr for this
soooooooooooorrryyyyyy
Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 4.5 pounds of the material, S5 uses 3.4 pounds of the material, and G9 uses 5.2 pounds of the material. Demand for all products is strong, but only 48,400 pounds of material are available. Information about the selling price per unit and variable cost per unit of each product follows. K1 S5 G91 Selling price $ 178.15 $ 127.00 $ 214.40 Variable costs 103.00 93.00 152.00 Calculate the contribution margin per pound for each of the three products. Orders for which product should be produced and filled first, then second, and then third
Answer:
Childress Company
K1 S5 G9
a. Contribution margin per pound $16.70 $10.00 $12.00
b. Order of production
First, K1
Second G9
Third S5
Explanation:
a) Data and Calculations:
Pounds of materials available = 48,400
K1 S5 G9
Pounds of materials per unit 4.5 3.4 5.2
Selling price $ 178.15 $ 127.00 $ 214.40
Variable costs 103.00 93.00 152.00
Contribution margin per unit $75.15 $34.00 $62.40
Contribution margin per pound $16.70 $10.00 $12.00
When the Fed conducts an open market sale of government bonds, what does it want to happen to bank lending as a result?
a. a decrease in bank lending to decrease the money supply
b. an increase in bank lending to increase the money supply
c. an increase in bank lending to decrease the money supply
d. a decrease in bank lending to increase the money supply
When the Fed conducts an open market sale of government bonds, this will cause an increase in bank lending to increase the money supply. Option B
This is further explained below.
What are government bonds?Generally, A financial obligation that is issued by a national government to finance government expenditure is referred to as a government bond, sovereign bond, or simply bond.
In most cases, it entails a promise to reimburse the principal amount on the maturity date and to make what is known as coupon payments, which are interest payments made at regular intervals.
In conclusion, the Federal Reserve performs a sale of government bonds on the open market, this will result in a rise in bank lending, which will result in an increase in the money supply.
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April Industries employs a standard costing system in the manufacturing of its sole product, a park bench. They purchased 60,000 feet of raw material for $240,000, and it takes 5 feet of raw materials to produce one park bench. In August, the company produced 10,000 park benches. The standard cost for material output was $100,000, and there was an unfavorable direct materials quantity variance of $5,000.
A. What is April Industries’ standard price for one unit of material?
B. What was the direct materials price variance for August?
(a) $100,000/10000 = $10
(b)
actual price to produce 1 park bench
= ($240,000/60,000) x 5 = $20
so the direct material price variance in august
= (10-20) x 10,000 = - $100,000
What is the effect of KFC in the economy of the world?
Answer:
There are many effects. They equate for a large portion in the fast food industry
Explanation:
The change in technology and the globalization have brought new pattern of organizing
today's companies, and thus, the managers need to consider these new concepts in
organization's design process. With this statement, discuss the emerging issues in
organization design and architecture.
Following are the emerging issues in organization design and architecture:Technology and Globalization, Customer Relations,Technical Knowledge, Flexibility, Employee's Well-being.
Following are the emerging issues in organization design and architecture:
Technology and Globalization: The modern era's rapid technology and globalization have forced the organizations to adopt a new pattern of organizing. Managers are focusing more on technology and globalization and they are ensuring that the company can cope with the emerging challenges.Customer Relations: Customers are the major driving force in every business. To maintain the customer base, the managers need to focus on customer relations as the organization's design process should be centered around their needs. This will help the managers in creating a company that provides excellent customer service to its customers.Technical Knowledge: The success of an organization depends on the technical knowledge of its managers. Managers need to have knowledge about new and emerging technologies so that they can use them to enhance the organization's capabilities. In addition, managers need to know how to apply this technical knowledge to improve the organization's structure and operations.Flexibility: Flexibility is a crucial component in the organization's design process. The managers need to design the organization that is flexible enough to adapt to new changes and technologies. This will help the managers in keeping up with the rapidly changing business environment.Employee's Well-being: The well-being of employees is also a significant issue in the organization's design process. The managers need to design the organization in a way that the employees can work efficiently, and their personal needs are also met. This will help in improving the employee's productivity and motivation level and ensure their loyalty to the organization.For more such questions on Globalization
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Josephine owns a large cattle ranch out in Montana. While she enjoys being her own
boss and being able to spend time in the outdoors, she finds it tedious to comply
with regulations pertaining to land management and what else?
healthcare regulations
environmental quality
transportation limitations
advancing technology
Josephine finds it tedious to comply with regulations pertaining to land management and environmental quality.
What is environmental quality?
"Environmental Quality" refers to a group of environmental traits that have an impact on people and other living things, whether they are general or specific. It is a gauge of how well an environment meets the needs of one or more species, as well as any human need or goal.
Environmental quality refers to both the constructed environment and the natural environment, and encompasses factors like air quality, water quality or pollution, noise levels, and any potential consequences that these factors may have on one's physical and emotional well-being.
"Environmental Quality" refers to a group of environmental traits that have an impact on people and other living things, whether they are general or specific.
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Discuss the priority of charges whenever a company needs to pay off all of its creditors’ debts
if the inventory turnover ratio cast co is 5x and its gross profits and sales are $270 million and $1,200 million respectivelly then the inventory account for cast is
a.$180 million
b.$182 million
c.$186 million
d.$196 million
Answer:
c.$186 million
Explanation:
Calculation to determine what the inventory account for cast is
Using this formula
Inventory account for cast =Sales - Gross profit/Inventory turnover ratio cast
Where,
Sales=$1,200 million
Gross profit=$270 million
Inventory turnover ratio cast =5x
Let x be the inventory account for cast
Let plug in the formula
5x=$1,200 million-$270 million
5x=$930 million
x=$930 million/5
x=$186 million
Therefore the inventory account for cast is $186 million
The amount of goods and services consumers want is called?
Answer:
C. Demand
Explanation:
Have a nice day
The amount of goods and services that consumers want is called demand.
What is demand?Demand is an economic concept that refers to a consumer's desire to buy goods and services as well as their willingness to pay a certain price for them. When the price of a good or service rises, the quantity demanded falls. Similarly, lowering the price of a good or service raises the quantity demanded.
Demand is a concept that both consumers and businesses are familiar with because it makes sense and occurs naturally throughout almost any day. For example, shoppers who have their eye on a product will buy more if the price is low. When prices rise, such as when the seasons change, shoppers buy fewer items, or none at all.
Therefore, demand is the amount of goods and services consumers want.
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What is Jewelry Districts site?
Answer:
This is an area located in downtown Los Angeles that is home to many jewelry stores. Shopping in the LA jewelry district allows you to visit a large number of shops all located within walking distance of each other. (thats what goggle says)
Explanation:
"Prepare a flow chart that describes going to the library to study for an exam. Your flow chart should include these items: finding a place at the library to study; checking to see if you have your book, paper, highlighter, and so forth; traveling to the library; and the possibility of moving to another location if the place you chose to study starts to get crowded."
Answer:
hello the options related to your question is missing below are the missing options
Number Decision points / Procedures
I (Click to select)Travel to library,Study,Are all items packed?Is the location too crowded?
II (Click to select)Travel to library,Study,Are all items packed?Is the location too crowded?
III (Click to select)Travel to library,Study,Are all items packed?Is the location too crowded?
IV (Click to select)Travel to library,Study,Are all items packed?Is the location too crowded?
Answer:
i) Are all items packed:
ii)Travel to library
iii) Is the place too crowded?
iv) Study
Explanation:
i) Are all items packed: this is next line of action after packing up this is to ensure that all needed item is packed
ii)Travel to library : next you will be heading to a library to study
iii) Is the place too crowded? : you will have to find a less crowded library in other to study very well
iv) Study: study is the last line of action
When a line of action/process returns a NO you must repeat that process
Kurt Simmons has 50/100/15 auto insurance coverage. One evening he lost control of his vehicle hitting a parked car and damaging a store front along the street. Damage to the parked car was $5,400 and damage to the store was $12,650. What amount will the insurance company pay for damages
Answer:
$18,050
Explanation:
Calculation for What amount will the insurance company pay for damages
Damage to the parked car $5,400
Add damage to the store $12,650
Total damages $18,050
Therefore the amount that the insurance company will pay for damages is $18,050
A specific dollar amount a plan will pay toward the cost of dental care over a speck period of time is a;
A- Deductible
B- Maximum
C- scheduled of benefits
D- pretermination
Answer: c
Explanation:
What is a service economy?
OA. An economy that exhibits elements of both capitalism and socialism.
OB. An economy in which more effort is devoted to the production of services than to the production of goods.
OC. An economy that services other nations with goods.
O D. An economy in which businesses and individuals decide what to produce and buy and the market determines
quantities sold and prices.
True. In a command economy, the government takes on the role of the market by deciding what, how, and for whom to produce goods and services.
What is economy?Economy is the system of production, consumption and distribution of goods and services of a particular country or region. It is the process by which goods and services are created, exchanged and consumed. It involves the coordination of economic activities, such as the production of goods and services, their trade and consumption, and their redistribution. It also encompasses the study of the behavior of individuals, households, firms, and governments in their production, consumption and exchange of goods and services.
It answers the three basic economic questions of what to produce, how to produce it, and for whom to produce it. It also owns the factors of production, such as land, labor, and capital. The government makes decisions based on centrally-planned goals rather than market signals, and the state owns and controls most of the means of production. This type of economy is also referred to as a centrally-planned economy.
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Gains on the sale of long-term assets are:
A. added to operating activities.
B. added to investing activities.
C. added to financing activities.
D. subtracted from operating activities.
Gains on the sale of long-term assets are added to investing activities. Therefore, option B is correct.
When a long-term asset is sold at a gain, the cash received from the sale is classified as a cash inflow in the investing activities section. This section of the statement of cash flows includes transactions related to the sale of long-term assets, such as property, plant, and equipment, and investments in other companies.
Gains on the sale of long-term assets are considered investment-related gains and are included in this section to provide a comprehensive view of the organization's investing activities.
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Which of the following is likely to increase the value of a country's currency?
Higher interest rates in a country can increase the value of that country's currency relative to nations offering lower interest rates. Political and economic stability and the demand for a country's goods and services are also prime factors in currency valuation.
ABC Manufacturing uses machines that produce 500 brake pads per hour. The firm operates two 8 hour shifts per day, six days a week. Due to regularly scheduled maintenance, the machines will have to be down 8% of the available time. Based on experience with other products during preventative maintenance, the firm expects to achieve an efficiency level of 90%, Last week's production was 39,744. a. What is the expected theoretical output of brake pads? (Select) b. What is the effective capacity (Select] c. What is the utilization? [Select] d. If demand levels per week increased to 70,000, would ABC Manufacturing be able to meet demand if they went to a 24-hour operation, operating the same amount of days per week? [Select) , and what would be the effective capacity? [Select) MacBook Air
a. brake pad's theoretically predicted output is 40,320. The number of machines is multiplied by their hourly production to determine theoretical output, which is then multiplied by the number of hours in a shift.
Given that there are 2 shifts per day and 1 machine producing 500 brake pads per hour, the daily potential output is 500 * 2 = 1,000 brake pads. The company works six days a week, so the weekly output is 1,000 x six, or 6,000 brake pads.
b. There are 35,648 available seats.
Effective capacity accounts for any anticipated downtime due to maintenance or other issues. The effective capacity is determined by multiplying the theoretical production by the efficiency level, which in this case is 90%: 6,000 * 0.9 = 5,400 brake pads per week because the machines are anticipated to be down for 8% of the time that is available.
c. At 87.97%, usage.
By dividing the actual output by the real capacity, utilization—a measure of how much of the available capacity is being used—is obtained: 39,744 / 5,400 = 7.34, or 87.97%.
d. If ABC Manufacturing switched to a 24-hour business that worked the same number of days per week, they would not be able to fulfil demand. Its practical limit would be 77,792.
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Discuss social responsibility and ethics?
Answer:
Social responsibility: It is an ethical theory in which individuals are accountable for fulfilling their civic duty.
Social ethics: It refers to guidelines and principle if that group of people who decided to references to in order to be accepted.