Dalton Industries makes all purchases on account, subject to the following payment pattern: Pald in the month of purchase: 30% Paid in the first month following purchase: 60% Paid in the second month following purchase: 10% If purchases for January, February, and March were $198,000,$178,000, and $228,000, respectively, what were the firm's budgeted payments in March? Multiple Choice $68,400. $136,800. $175,200
Answers
Correct option is B) 136,800.
In this scenario,
Dalton Industries' purchases for January, February, and March were 198,000,178,000, and 228,000, respectively.
We need to compute the budgeted payments in March.
Dalton Industries pays for its purchases in the following ways:
Paid in the month of purchase:30% Paid in the first month following purchase:
60% Paid in the second month following purchase:
10% Therefore, we can calculate the amount of the purchases paid in March as follows:
Amount paid for purchases made in March = 30% of 228,000 = 68,400
Amount paid for purchases made in February = 60% of 178,000 = 106,800
Amount paid for purchases made in January = 10% of 198,000 = 19,800
Total payments for March = 68,400 + 106,800 + 19,800 = 195,000
Budgeted payments for March = Amount paid for purchases made in March = 68,400
Therefore, the firm's budgeted payments in March would be 136,800 (Option B).
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Related Questions
Impotence of public companies in South Africa
Answers
As publicly traded entities, companies in South Africa are subject to strict regulations, including disclosure requirements and corporate governance standards.
Public companies have a duty to act in the best interests of their shareholders and to ensure that their financial statements are accurate and transparent. They are also subject to oversight by regulatory bodies such as the Johannesburg Stock Exchange and the Financial Sector Conduct Authority. Additionally, public companies have access to a broader pool of investors and capital, which can enable them to grow and expand more quickly. However, the increased scrutiny and regulatory burden can also make it more challenging for public companies to operate, and the pressure to meet shareholder expectations can sometimes come at the expense of other stakeholders.
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Which of the following is a primary feature of the five forces model? It views competition within an industry broadly to include forces such as buyers, suppliers, and the threat of substitutes. It takes into account a firm's internal resources, capabilities, and core competencies. It helps managers determine the changing speed of an industry or the rate of innovation. It is concerned exclusively about the intensity of rivalry among direct competitors.
Answers
Answer:
It views competition within an industry broadly to include forces such as buyers, suppliers, and the threat of substitutes.
Explanation:
The five forces model was developed by Harvard Professor Michael Porter, and it is a broad model of firm competition that takes into account 5 forces: buyer power, supplier power, threat of new entry, threat of substitutes, and competitive rivalry.
The power of suppliers and buyers lies mainly in how many suppliers and buyers exist in the market, because the more participants in a market, the less likely a firm will have market power.
The threat of substitutes is simply the quantity of substitute goods that are present in the market.
FIRST ANSWER WILL BE NAMED BRAINLIEST
Which action would effectively and appropriately address a budget deficit?
A. reduce income
B. reduce expenses
C. apply for bankruptcy
D. apply for new credit
Answers
Answer:
It is letter B
Explanation:
Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.
What is the budget?A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.
Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.
Therefore, option B is the correct option.
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Coach Sieb Has a treadmill desk. Walking on the treadmill will break down her triglyceride Levels 90% faster what is the percent that it breaks down while sitting
Answers
Answer:
0%
Explanation:
Base on the scenario been described in the question, where we saw coach Seib has 90% faster breaking her triglyceride Levels while working, when sitting, she has a 0% of breaking her triglyceride Levels because no movement, there will be no breakdown in the triglyceride Levels
what is the role of seminal vesicle and prostate gland
Answers
Answer:
The seminal vesicle and the prostate glands add their secretions so that the sperm are in a fluid which makes their transport easier and this fluid also provides nutrition.
MARK ME BRAINLISTbriefly describe what is meant by the organizational structure and explain any three examples of organizational structure used by businesses
Answers
Explanation:
Organizational structure : Framework for managers which shows the division of responsibilities and roles played by each stakeholder
Examples :How the business carries it self
: Does the business have ethical issues
: Does the business have a code of conduct
Problem (1) In a given system, customers arrive (randomly) to a ticket window at 4.5 per minute, and service takes 12 seconds (deterministic) The model is M/D/1. Use the provided [Link] to learn more about this queuing model, and then prove the following statements (show calculations in details). - Queueing predicts 4 waiting on average. - If the arrival rate increases just 10%, the average number waiting becomes 49 !
Answers
The calculated values are as follows:
Average number waiting (Lq): 4 customers
Average number waiting with 10% increase in arrival rate (Lq'): 49 customers
To prove the given statements, we can use the M/D/1 queuing model, where M represents Poisson arrivals (random), D represents deterministic service times, and 1 represents a single server. The formulas used in the calculations are:
Average number of customers in the system (L):
L = λ * W
where λ is the arrival rate and W is the average time spent in the system.
Average waiting time in the system (W):
W = L / λ
Average number of customers in the queue (Lq):
Lq = λ * Wq
where Wq is the average time spent in the queue.
Average waiting time in the queue (Wq):
Wq = Lq / λ
Now, let's calculate the values for the given scenario:
Average number waiting (Lq):
λ = 4.5 customers per minute
Wq = ?
Using Little's Law, we can find Wq:
Lq = λ * Wq
Wq = Lq / λ
Since we need to prove that Lq = 4, let's assume Lq = 4 and calculate Wq:
Wq = 4 / 4.5 = 0.89 minutes
Average number waiting with 10% increase in arrival rate:
New arrival rate (λ') = 1.1 * 4.5 = 4.95 customers per minute
New Wq = ?
Using Little's Law, we can find the new Wq:
Lq' = λ' * Wq'
Wq' = Lq' / λ'
We need to prove that Lq' = 49, so let's assume Lq' = 49 and calculate Wq':
Wq' = 49 / 4.95 = 9.90 minutes
Therefore, the calculated values are as follows:
Average number waiting (Lq): 4 customers
Average number waiting with 10% increase in arrival rate (Lq'): 49 customers
Please note that these calculations are based on the assumptions of the M/D/1 queuing model, and the accuracy of the predictions depends on the validity of those assumptions in the given system.
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On a personal level, as you begin looking for a job after you graduate, it will be critical for you to know how to
A) market value
B) communicate value.
C) deliver value
D) forecast value
E) explain value
Answers
Answer:
B) communicate value.
Explanation:
Employees are a cost to employers. An employer will consider hiring a new employee if they are convinced that the benefits from the employee outweigh the costs.
A fresh graduate will have to convince a potential employer that they are worth being hired. The graduates need to communicate the value they shall add to the business. The ability to communicate one's value is critical for a successful job hunting mission.
You are Anil Gupta residing at 158, Vasu Nagar, Baranagar, Write a letter to your friend inviting him to your birthday party.
Answers
The letter to my friend inviting him to my birthday party is given below:
The LetterDear [Friend's Name],
I hope this letter finds you in the best of health and spirits. As you already know, my birthday is coming up, and I would like to invite you to my party.
The party is on [Date] at [Time] at my residence, 158, Vasu Nagar, Baranagar. We have planned a lot of exciting activities, music, and delicious food to celebrate the occasion.
Your presence at my birthday party would make me very happy, and I hope that you will be able to attend. Please let me know if you will be able to make it so that we can make the necessary arrangements.
Looking forward to your response and hoping to see you soon.
Warm Regards,
Anil Gupta
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our company has reviewed the utilities bills for our company. we have determined that the highest and lowest bills were $5,000 and $3,200 for the months of january and september. if we produced 1,050 and 600 units in these months, what was the fixed cost associated with the utilities bill? group of answer choices $435.50 $485.00 $590.00 $800.00
Answers
The fixed cost which associated with the utilities bill is $800.
How to calculate the fixed cost associated with the utilities billAfter reviewing the utilities bills for your company, it was determined that the highest and lowest bills were $5,000 in January and $3,200 in September.
To calculate the fixed cost associated with the utilities bill, we can use the following formula:
Fixed Cost = Total Cost - (Variable Cost per Unit × Number of Units)
First, we need to find the variable cost per unit for both months:
Variable Cost per Unit (January) = ($5,000 - $3,200) / (1,050 units - 600 units) = $1,800 / 450 units = $4 per unit
Now that we have the variable cost per unit, we can calculate the fixed cost for each month:
Fixed Cost (January) = $5,000 - (1,050 units × $4 per unit) = $5,000 - $4,200 = $800.
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private savings deficits plus government budget deficits contribute to higher current account deficits. some economists refer to the ricardian equivalence theory to assert that:
Answers
According to the Ricardian equivalence hypothesis, which some economists cite, the public will partially balance their future tax liability by increasing saving.
Paying for government expenses using current taxes or future taxes (as well as existing deficits) will have comparable effects on the status of the economy as a whole, according to the economic theory known as Ricardian equivalence.According to the economic premise known as the Ricardian equivalence statement, consumers absorb the government's budgetary constraints because they are forward-thinking. For instance, people in a certain economy may save excessive amounts of money with the hope of paying more in taxes later on to assist the government pay off its debts.Thus this is the meaning of Ricardian Equivalence theory.
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help me to answer thi Q! Thanks!
Answers
Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. She prices the cupcakes at $0.50 each. With in 15 minutes she has sold all of her cupcakes, and through out the day teachers and students ask her if she has anymore.
This market model is in a [______]?
This is for a economics class I didn't know what catagory to pick
Answers
Answer:
Shortage
Explanation:
I got it correct because I watched the given recording.
Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. This market model is in a "competitive market".
Georgina operates in a competitive market characterized by high demand and a desirable product: her cupcakes. The price point of $0.50 each aligns with the perceived value which is resulting in swift sales within 15 minutes.
Subsequent inquiries from both teachers and students demonstrate sustained interest indicating that Georgina's cupcakes have achieved product-market fit.
Georgina's success in selling all cupcakes swiftly and generating ongoing inquiries highlights a well-balanced market equilibrium within the school community.
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A forensic accountant is similar to a(n) ______
because they both work to combat accounting fraud
A. international accountant
B. auditor
C. certified public accountant
D. general ledger accountant
SUBMIT
Answers
Answer:
B. auditor
Explanation:
The work of an auditor and that of the forensic accountants are very similar. They both examine financial records and statements of an organization to confirm their accuracy. The auditor and forensic accountant are specialized officers. They have been trained to detect fraudulent reporting in financial statements. After evaluating the books of account, they form an opinion based on their findings.
rue or false? cases of workplace discrimination can be based on cultural heritage or religion. true false
Answers
Workers can be shielded from hazardous work.
What proportion of work-related tasks could artificial intelligence automate?
According to the report, "at least 30% of constituent activities" in approximately 60% of all occupations could be automated.
Why are companies concerned about ethics?
By defining acceptable actions that go beyond the control of the government, business ethics improve the law. Businesses establish business ethics to earn the trust of key stakeholders like investors and customers and to encourage honesty among their workforce.
How much more productive are robots?
Robots can produce more units in a shorter amount of time. With no fatigue and only occasional maintenance outages, automated processes can operate round-the-clock without sacrificing quality or quantity! Clearly, this is faster and better than what human operators can do.
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The column headed by a check mark in a checkbook register is provided so you can make a note of your checks that have bounced.
T or F
Answers
a dividend becomes a legal liability of the corporation on: select one: a. payment date b. record date c. declaration date d. distribution date
Answers
A dividend becomes a legal liability of the corporation on the declaration date. So, option c is correct.
The declaration date is the date when a corporation's board of directors announces their intention to pay a dividend to the shareholders. It is an official declaration of the company's decision to distribute a portion of its earnings to its shareholders.
On the declaration date, the corporation incurs a legal obligation to pay the dividend to its shareholders. This means that the corporation must set aside the funds for the dividend and ensure that the shareholders receive their rightful share.
The payment date, which is one of the options provided, is the actual date when the dividend is paid to the shareholders. It is the date when the corporation fulfills its legal obligation by making the dividend payments.
The record date is the cut-off date set by the corporation to determine which shareholders are eligible to receive the dividend. Shareholders who own shares on or before the record date will be entitled to receive the dividend.
The distribution date is not a commonly used term in relation to dividends. It may refer to the payment date or the date when the dividend checks or electronic transfers are distributed to the shareholders.
In summary, while the payment date is when the dividend is actually paid, the legal liability of the corporation arises on the declaration date, as it is the official announcement and commitment to distribute dividends to the shareholders.
So, option c is correct.
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group insurance rates are typically lower than individual rates because of economies of scale, the ability to pool risks, and the greater bargaining power of a group. This cost advantage, together with tax considerations and a concern for employee security, helps explain the prevalence of employer-sponsored insurance plans. We discuss two major types: medical insurance and disability insurance. Note that these programs are not legally required; rather, they are offered at the discretion of employers.
Answers
Group insurance rates are generally lower than individual rates due to several factors.
Economies of scale come into play when a large number of employees are covered under a group plan, allowing for reduced administrative costs and more efficient management. The ability to pool risks across a diverse group of individuals helps spread the financial burden of potential claims.
The collective bargaining power of a group enables employers to negotiate better rates with insurance providers. Tax considerations also play a role, as group insurance premiums are often tax-deductible for employers and sometimes for employees as well.
Employer-sponsored insurance plans demonstrate a commitment to employee security and well-being. While not legally required, these plans are prevalent due to the cost advantage, tax benefits, and the desire to provide comprehensive coverage to employees.
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the current controllable margin for henry division is $93,000. its current operating assets are $300,000. the division is considering purchasing equipment for $90,000 that will increase annual controllable margin by an estimated $15,000. if the equipment is purchased, what will happen to the return on investment for henry division? group of answer choices an increase of 16.1% a decrease of 13.3% a decrease of 3.3% a decrease of 7.2%
Answers
The answer is that the ROI for the Henry Division will decrease by 6.5% if the equipment is purchased. The closest option is "a decrease of 7.2%."
To determine the impact of the equipment purchase on the return on investment (ROI) for the Henry Division, we need to calculate the current ROI and the ROI after the equipment purchase.
ROI is calculated by dividing the controllable margin by the operating assets. Currently, the controllable margin is $93,000, and the operating assets are $300,000, so the current ROI is:
ROI = $93,000 / $300,000 = 0.31 or 31%
If the equipment is purchased, the controllable margin will increase by $15,000, resulting in a new controllable margin of $108,000. However, the operating assets will also increase by $90,000 due to the purchase of the equipment. Therefore, the new ROI will be:
ROI = $108,000 / ($300,000 + $90,000) = 0.29 or 29%
The ROI after the equipment purchase is lower than the current ROI, indicating a decrease in the return on investment. The decrease in ROI is calculated as follows:
Decrease in ROI = (Current ROI - New ROI) / Current ROI x 100%
Decrease in ROI = (0.31 - 0.29) / 0.31 x 100% = 6.5%
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An earned education certificate track
after an individual has successfully
completed the necessary course
requirements for a particular field at a
community college
Answers
Determine if each scenario is good credit or bad credit.
A FICO credit score of 800.
Always paying a late fee on monthly bills.
Closing all unused accounts.
✓ Not using all of the credit available on your credit cards.
SUBMIT ANSWER
O ASK FOR HELP
Answers
1) unsure
2) bad
3) good
4) good
but im PRETTY sure the first one is bad.. IM NOT SURE!!
Which product costing system would better account for a unique product?
A. Overhead costing system
B. Product costing system
C. Job costing system
D. Process costing system
Answers
For a unique product, the job costing system would be the best product costing system to use. (Option C).
What is Job Costing System?The job costing system is used to track the costs associated with the production of a specific job, typically a custom or unique product. This system allows for the tracking of all direct costs (e.g., materials and labor) and indirect costs (e.g., overhead) associated with a specific job. By doing so, the job costing system can provide accurate and detailed cost information for each unique product.
On the other hand, the overhead costing system, product costing system, and process costing system are more commonly used for standard or mass-produced products, where the cost of each unit is generally the same. While these systems can provide useful cost information, they may not be able to capture the unique costs associated with a one-of-a-kind product.
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Which of the following is usually increased with credit when entered into a
journal?
A. Loss
B. Asset
Ο Ο Ο Ο
C. Liability
D. Expense
Answers
Answer: the answer is c liability
Explanation:I just took the test and got it right
What is the purpose of the qualifications section of a résumé?
To provide an employer with the applicant's contact information
b. To highlight why the applicant is the perfect candidate for the position
C. To give an employer an overview of the applicant's education history
d. To state the type of work the applicant is seeking
Answers
Answer:
b
Explanation:
ddd
The correct option is C). To give an employer an overview of the applicant's education history.
What does qualifications mean on a resume?A qualifications section of a resume refers to the customized section which consists of the education information about the candidate.
It is a brief highlight of relevant education, skills and experience, which shows the employer how the candidate will offer a competitive advantage.
Basically, qualifications section give an employer an overview of the applicant's education history.
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. A tomato farmer has used direct distribution to sell to local consumers through an area farmers' market. Last year, she sold 400 bushels of tomatoes at $2.49 a pound. (There are 53 pounds in a bushel of tomatoes.) This year she is considering using an indirect channel by selling to two area supermarkets. She estimates that she can sell 650 bushels at $1.63 a pound. What will be the difference in revenue if she makes the change? What other factors should the farmer consider before changing to indirect distribution?
Answers
Answer:
the farmer's total revenue when she uses the direct channel = 400 x $2.49 = $996
if she uses the indirect channel, her total revenue = 650 x $1.63 = $1,059.50
her total revenue will increase when selling to he supermarkets, but also her variable production costs will increase. This means that it is probable that her total contribution margin decreases even if total revenue decreases.
The farmer's total revenue when she uses the direct channel is $996 and the difference in revenue if she makes the change will be $63.5
What do you mean by Total revenue?
Revenue is the total amount of sales of goods and services. It is calculated by multiplying the total amount of goods and services sold at the price of goods and services.
Total revenue when she uses the direct channel is $996
\(\rm\, Total \,Revenue = 400 \times \$2.49 \\\\\rm\, Total \,Revenue = \$996\)
If she uses the indirect channel, her total revenue is $1,059.50.
\(\rm\,Total \,Revenue = 650 \times \$1.63\\\\\rm\,Total \,Revenue = \$1,059.50\)
The difference in revenue between direct selling and indirect selling:
\(\rm\, \$1,059.50 - \$996 = \$63.5\)
The farmer's total revenue will increase when selling to the supermarkets, but also her variable production costs will increase which has to be kept in mind while choosing indirect selling.
Therefore, the farmer should keep the variable factor costs in mind before selecting indirect selling as the revenue might increase but the percentage of increase probably may not be high.
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Read this scenario about short-term investments, then answer the question that follows. angela has $2,000 that she wants to invest. she knows that she will not need this money for at least six months, but she might need it within the year. she is looking for an investment that is guaranteed to make her money. which investment option should angela choose? stocks commodities saving accounts mutual funds
Answers
Answer:
savings account
Explanation:
use saving account so if she need the money in case of an emergency she will have it
People often choose savings accounts even though they pay less interest because they are more reliable and secure.
What is a Savings Account?A savings account is a deposit account that pays interest and is deposited in a trading bank or other financial institution.
Both savings accounts and deposit certificates are considered the safest investment because they enjoy protection in the provisions of the Federal Deposit Insurance Corporation (FDIC).
Investments such as commodities, index funds, stock exchanges, joint ventures, and stocks and stocks based on equities traded on the stock market are highly risky because they are often priced volatile which may cause investors to lose their money.
Therefore, an investment that can guarantee that Angela will make money for her or that she will have interest on savings accounts.
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If discontinued operations have a _____ effect on the income statement, they must be reported separately.
Answers
The income statement breaks out discontinued operations individually since it's crucial for investors to be able to discern between profits and cash flows.
The term "discontinued operations" describes the closure of a business division. All gains and losses for that division are required to be reported separately on the company's income statement for accounting purposes. This is done in order to identify these sums from those related to ongoing operations.
Parts of a company's operations that have been sold off or discontinued are referred to as discontinued operations in accounting. They are listed separately from continuing operations on the income statement.
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PLZ HELP!!!
Alison knows e-mail is an important form of communication when seeking employment. She is going to create an e-mail account for her job search communications. Which of the following e-mail addresses would be most appropriate for Alison to use?
a.
stud_ali
b.
blueeyedqt
c.
rebelprince86
d.
alison.s
Answers
Answer:
d. alison.s
Explanation:
It's the most simple and professional. rebelprince86 is to funky. stud_ali is more for a student. and blueeyedqt has nothing to do with her. Brainliest Please!!!
- Hermionia
For the purpose of starting her professional career, Alison must use a simple and professional email address like “alison.s”.
What is an email address?E-mail or electronic mail address is the virtual user destination that ensures and enables communication to and from such user who has access to the email address as such.
For the purpose of employment application, Alison must use a simple and professional email address.
Hence, option D; Alison must use the email address like alison.s, as this will be the most appropriate one to be used.
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Helpp!!!
What type of Economy do we have in the United States?
A. Market
В.Mixed
C.Command
D. Traditional
Answers
Answer:
mixed
the us economy has a mixed economy
Why does this occur?
Answers
This has to be asked in context.