It should be noted that depreciation is recorded on the income statement as a revenue that reduces net income.
What is depreciation?Depreciation can be regarded as the diminution in the utility as well as the value that is been associated to an asset.
These fixed assets could be;
buildings furnitureoffice equipmentmachineryTherefore, option A is correct because depreciation is recorded on the income statement.
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Answer: Depreciation is an expense that decreases net income.
Explanation: Depreciation is an expense — that’s the whole point of it, it’s taking out your cost for a large expense that you use for multiple years over the lifetime of that asset, rather than all in one year. So it’s always an expense.
Any expense decreases your net income.
QED.
Short Sell on Futures Susan shorts a futures contract today. Which of the following is most likely to be true? Select one alternative: She receives a premium today for shorting the futures. None of the above. She agrees to sell the asset at a fixed price at a future date on the OTC. She will get dividends on the underlying asset.
None of the aforementioned. Susan effectively agrees to sell the asset at a defined price at a later time when she shorts a futures contract.
Since the premium for a futures contract is paid by the buyer, shorting a futures contract does not require getting it today. Since dividends are normally paid to the owner of the underlying asset rather than the holder of the futures contract, shorting a futures contract also excludes one from earning dividends on the underlying asset. Over-the-counter (OTC) markets are less widely used for shorting futures contracts than organised exchanges. The statement "None of the above" is therefore the most likely to be accurate.
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Read the statements below. If the statement describes an appropriate use of e-mail select A. If the statement describes an inappropriate use of e-mail, select I.
A—Appropriate
I—Inappropriate
__ Courtney sent her expense report to her supervisor in an attachment.
__ George forwarded a chain letter asking for support for a local charity.
__ Fin sent a brief message to his friend about tonight's plans.
__ Sheila denied receiving an e-mail asking her to write a report.
__ Tori scheduled a meeting with her co-worker.
Answer:
I and A
Explanation:
Courtney sent her expense report to her supervisor in an attachment -- A,George forwarded a chain letter asking for support for a local charity. -- I.Fin sent a brief message to his friend about tonight's plans. -- I.Sheila denied receiving an e-mail asking her to write a report. -- I.Tori scheduled a meeting with her co-worker. -- A
What are the two factors used to calculate productivity?
A. Goods produced and number of customers
B. Resources invested and goods lost
C. Goods produced and employees hired
D. Goods produced and resources invested
Goods produced and resources invested re the two factors used to calculate productivity.
How productivity is measured?Productivity is measured from different factors in the organization like the profit generate from the sales, number of customer increases, the amount of money invested in the company, the goods that are consumed of sell within span of time and others.
Thus, option D is correct.
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Answer:
Goods produced and resources invested
Explanation:
Costs are transferred, along with the units, from one work in process inventory account to the next in a process costing system. True or False.
True,In a process costing system, costs are transferred along with the units from one work in process (WIP) inventory account to the next.
This is because a process costing system is used when products are produced in large quantities through a series of sequential production processes, and the cost of each process is allocated to the products that pass through it.
As the products move from one process to another, their cost is transferred from one WIP inventory account to the next.
For example, the cost of materials and labor for a batch of products may be recorded in the WIP inventory account for the first process.
When the products move to the next process, the cost of the materials and labor is transferred from the first WIP inventory account to the second WIP inventory account.
The cost of each process is then calculated and allocated to the units that pass through it, using a predetermined overhead rate.
At the end of the production process, the total cost of the products is calculated and divided by the total number of units produced to determine the unit cost of the products.
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Joe's Jalopies sold one of its warehouses for $300,000 cash plus a tractor with a fair market value of $25,000. The building had a mortgage against it for $50,000 that was assumed by the buyer and an adjusted basis of $130,000. Joe's had to pay $20,000 in sales commissions to the Realtor who coordinated the sale. What is the amount realized by Joe's Jalopies
Answer:
$355,000
Explanation:
Joe's jalopies sold one of its warehouse for $300,000 and a tractor that has a fair market value of $25,000
The warehouse had a mortgage of $50,000 against it.
The adjusted basis was $130,000
Joe had to make a payment of $20,000 in sales commission to the realtor
Therefore, the amount realized by Joe's jalopies can be calculated as follows
=$300,000+$25,000+$50,000-$20,000
= $375,000-$20,000
= $355,000
Hence the amount that was realized by Joe's jalopies is $355,000
Describe the population distribution in Guyana
What are the two most important factors in the process of generating oil from organic remains?.
The two most important factors in the process of generating oil from organic remains are temperature and time.
Organic material must be converted into oil at high temperatures. For oil formation, a temperature range between 60°C and 120°C is thought to be ideal. The organic material may decompose into natural gas at higher temperatures.
Oil formation is a slow process that may take millions of years to complete. The likelihood of oil formation increases with the amount of time organic material is exposed to high temperatures. Additionally the time needed for oil generation is influenced by how deeply the organic material is buried.
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If the price of a hamburger is increased from $8 to $10, the price elasticity of demand equals ________. Use the midpoint formula.
The Price elasticity of demand is -3.
What is Price elasticity of demand?The Price elasticity of demand shows the change in consumption of a product in relation to its change in its price.
% change in price = (10-8) / ((10+8)/2)
% change in price = 2/9
% change in price = 22.22
% change in quantity = (1-2) / ((2+1)/2)
% change in quantity = -66.67
Price elasticity of demand = % change in quantity/% change in price
Price elasticity of demand = -66.67/22.22
Price elasticity of demand = -3
Hence, the Price elasticity of demand is -3.
Therefore, the Option 2 is correct.
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What does the phrase "like animals escaped from their caves" imply about the sun's impact on the children?
ADIS enhance the flow of funds through intermediation by transforming: A. many small loans into fewer, larger deposits. B. long-term deposits into short-term loans. C. the risk posed by borrowers into a risk acceptable by depositors. D. interest expense into interest revenue. E. All of the above.
ADIs enhance the flow of funds through intermediation by transforming option E) all of the above. ADIs refers to authorized deposit-taking institutions.
They are financial institutions that are authorized by APRA, the Australian Prudential Regulation Authority, to accept deposits from the public. In Australia, ADIs are supervised by APRA, which is responsible for ensuring that they comply with regulatory requirements. Intermediation refers to the role that ADIs play in the flow of funds between borrowers and depositors. ADIs are able to transform the funds they receive from depositors into loans to borrowers. They do this by engaging in maturity transformation, which involves borrowing funds at short-term maturities and lending them out at long-term maturities. ADIs also engage in risk transformation, which involves transforming the risk posed by borrowers into a risk that is acceptable to depositors. This is done by pooling together loans from a large number of borrowers and diversifying the risk across the portfolio of loans. ADIs also transform interest expense into interest revenue. They pay interest to depositors and earn interest on the loans they make. By doing this, they are able to earn a spread between the interest rate they pay on deposits and the interest rate they earn on loans.
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Molzahn Corporation is a manufacturer that uses job-order costing. The company closes out any overapplied or underapplied overhead to Cost of Goods Sold at the end of the year. The company has supplied the following data for the just completed year:
Estimated total manufacturing overhead at the beginning of the year $481,250
Estimated direct labor-hours at the beginning of the year 35,000 direct labor-hours
Results of operations:
Actual direct labor-hours 40,000 direct labor-hours
Manufacturing overhead:
Indirect labor cost $ 179,000
Other manufacturing overhead costs incurred $ 465,000
Answer:
The results are below.
Explanation:
First, we need to calculate the predetermined overhead rate:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 481,250 / 35,000
Predetermined manufacturing overhead rate= $13.75 per direct labor hour
Now, we allocate overhead based on actual hours:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 13.75*40,000
Allocated MOH= $550,000
Finally, the under/over applied overhead and the closing to cost of goods sold:
Under/over applied overhead= real overhead - allocated overhead
Under/over applied overhead= 644,000 - 550,000
Underapplied overhead= $94,000
When overhead is underapplied, we need to debit the cost of goods sold.
COGS 94,000
Manufacturing overhead 94,000
What is the primary purpose of incident investigation?
A. To determine the direct and root causes of the incident
B. To disturb physical evidence
C. To find fault
D.To satisfy the insurance company
Which success factors point to using manpower and processes in an organization?
The success of an IS implementation relies on efficient
V
and
of manpower and processes.
Success factors to the usage of manpower and processes in an agency: the first one is utilization and the second one is responsibility.
A success factor is any knowledge, ability, trait, motive, attitude, fee, or different personal characteristic that is critical to carry out the process or role and that differentiates strong from superior performance.
SAP SuccessFactors is a cloud-primarily based SaaS (software program as a provider) platform, while SAP HCM is SAP's authentic on-premise HR solution. essentially, both solutions clear up the equal business problem: Human resource management.
SuccessFactors is an SAP product suite to provide a cloud-based total strategy to manipulate various HR capabilities along with business alignment, human overall performance, recruitment, and getting to know sports for all sizes of businesses in extra than 60 industries.
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Compute the simple interest INT for the specified length of time and the future value FV at the end of that time. Round all answers to the nearest cent. HINT [See Quick Examples 1-5.]
You borrow $46,000 for 10 months at 0.0/% per month.
Given data: Principal amount = $46,000Rate of interest per month = 0.0/%Time = 10 monthsFormula used: Simple Interest (SI) = P × R × T, Future Value (FV) = P + SITo compute the simple interest and the future value of the given data.
follow the steps below:Step 1: Convert the rate of interest from percentage to decimalThe rate of interest is given as 0.0/% per month, we need to convert it into a decimal form:Rate of interest, R = 0.0/100 = 0Step 2: Substitute the given values into the formulaSimple Interest (SI) = P × R × TSubstitute the given values:SI = 46000 × 0 × (10/12) = $0Future Value (FV) = P + SIFV = 46000 + 0 = $46,000.
Step 3: Round off the answers to the nearest centTherefore, the simple interest (INT) is $0 and the future value (FV) is $46,000.
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when profits occur in a competitive market this indicates that
When profits occur in a competitive market, it indicates that a firm or a group of firms has successfully created value and generated revenue exceeding their costs.
In a competitive market, profits act as incentives for firms to enter the market, increase production, and compete with each other. However, in the long run, profits in a competitive market tend to attract new competitors, leading to increased supply and potentially reducing profits to a level where they are just enough to cover costs. Therefore, in the long run, competitive markets tend to drive profits towards a normal level of return on investment.
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True or False:3) A joint venture typically relates to the carrying out of a single enterprise or transaction.4) Unincorporated associations are generally formed to further a common purpose.5) A cooperative consists of a group of two (2) or more independent persons or enterprises that cooperate for a common objective or function.6) A partnership involves partners' contributions of capital, services, or a combination of these.
Each partner is jointly responsible for the profits and losses of the business, and each has the authority to make decisions and take actions on behalf of the partnership.
3) True. A joint venture is a type of partnership in which two or more parties come together to carry out a specific business project or transaction. It is a temporary arrangement that ends once the project is completed.
4) True. Unincorporated associations are formed by individuals or groups for a common purpose, such as a social club or a non-profit organization. They are not legally recognized as separate entities and do not have the same liability protection as incorporated organizations.
5) True. A cooperative is a type of organization in which individuals or businesses work together to achieve a common goal or function. They operate on the principle of mutual benefit, with each member having an equal say in the decision-making process.
6) True. A partnership is a business arrangement in which two or more people contribute money, skills, or resources to a common enterprise.
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What statement is accurate regarding double-entry bookkeeping? Multiple Choice When using double-entry bookkeeping, it is not necessary to prepare a trial balance With double-entry bookkeeping, if the transaction amounts are not equal, the bookkeeper knows there is a mistake. Double-entry bookkeeping requires a second person to double-check the bookkeeper's numbers. Tax accountants must use double-entry bookkeeping when preparing tax returns
When using double-entry bookkeeping, if the transaction amounts are not equal, the bookkeeper knows there is a mistake.
This is because double-entry bookkeeping requires that every transaction have at least two equal and offsetting entries, meaning that the debit and credit amounts must be equal. Therefore, if the transaction amounts are not equal, it indicates an error in the bookkeeping. The other options listed are not accurate statements regarding double-entry bookkeeping.
What is bookkeeping?
Bookkeeping is the process of recording financial transactions in a systematic and organized manner. It involves identifying, measuring, and recording all financial transactions of a business entity, including purchases, sales, receipts, and payments.
Bookkeeping ensures that financial records are accurate and up-to-date, which is essential for making informed business decisions, preparing financial statements, and complying with tax laws and regulations. Bookkeeping can be done manually using journals and ledgers or using software applications that automate the process.
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1. You'll need to decide which side of the debate below you believe is the best option. Best of Breed approach versus single vendor approach. You'll need to support your decision and your response should be at least 250 words.
Selecting ‘best-of-breed’ applications from multiple system vendors for different digital business applications such as enterprise resource planning, customer relationship management, transactional e-commerce and supply chain management is a better approach for an effective digital business infrastructure than using a single-vendor solution.
The best-of-breed approach, which involves selecting specialized applications from multiple system vendors, is a superior option for building an effective digital business infrastructure compared to using a single-vendor solution.
This approach allows organizations to leverage the expertise and innovation of different vendors to meet specific business needs and achieve higher levels of performance, flexibility, and customization. It also promotes competition and reduces dependency on a single vendor, mitigating risks associated with vendor lock-in and limited functionality.
The best-of-breed approach offers several advantages over a single-vendor solution. Firstly, it enables organizations to select the most suitable applications for each specific business function. Different vendors often specialize in specific areas, such as enterprise resource planning, customer relationship management, e-commerce, or supply chain management.
By carefully choosing the best applications for each function, organizations can ensure they have access to cutting-edge technology and features that meet their unique requirements. This approach also allows for customization and flexibility since organizations can mix and match applications from different vendors to create a tailored and optimized digital infrastructure.
Secondly, adopting a best-of-breed approach promotes healthy competition among vendors. When organizations have the freedom to choose applications from multiple vendors, vendors are incentivized to continually innovate and improve their products to attract and retain customers.
This competitive environment fosters a culture of innovation, which ultimately benefits the organizations utilizing these applications. It also reduces the risk of being dependent on a single vendor, as organizations have the option to switch vendors if necessary without disrupting their entire digital infrastructure.
Furthermore, a best-of-breed approach mitigates the risks associated with vendor lock-in. Relying on a single-vendor solution can create a dependency on that vendor's products and services. If issues arise with the vendor or if their products become outdated or insufficient, organizations may face challenges in finding suitable alternatives. In contrast, the best-of-breed approach provides flexibility and freedom of choice, allowing organizations to adapt and change their technology landscape as needed.
In conclusion, the best-of-breed approach offers greater flexibility, customization, innovation, and reduced vendor dependency compared to a single-vendor solution. By selecting specialized applications from multiple vendors, organizations can build an effective digital business infrastructure that aligns with their specific needs, promotes competition among vendors, and reduces the risks associated with vendor lock-in.
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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUWhat is the difference between globalization and International Trade/Global Business?
How can we graphically represent a change in supply if there is a technological improvement in production of the good?
A
The supply curve would be steeper.
B
The supply curve would be flatter.
The supply curve would shift to the right, indicating an increase in supply.
When there is a technological improvement in the production of a good, it leads to increased efficiency and lower production costs. This allows producers to supply more of the good at each price level. As a result, the supply curve shifts to the right, indicating an increase in supply.
Graphically, the shift to the right means that at any given price, there will be a higher quantity supplied compared to the previous situation without the technological improvement. The new supply curve will be located to the right of the original supply curve.
a technological improvement in production leads to an increase in supply, which is graphically represented by a rightward shift of the supply curve. This shift indicates that more of the good can be supplied at each price level, reflecting the improved efficiency and lower production costs resulting from the technological advancement.
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The _____ organization structure is beneficial to entrepreneurs that have employees responsible for selling different products.
regular
functional
divisional
matrix
The divisional matrix organization structure is beneficial to entrepreneurs that have employees responsible for selling different products. The correct option is C.
What is a divisional functional structure?The grouping of jobs of similar nature under one department is referred to as a functional structure. A divisional structure is the classification of jobs related to a single product into one department. Formation. It is based on function. It is built
A matrix structure is a cross between a functional and a divisional structure. Employees may report to various bosses depending on their current assignment.
Thus, the ideal selection is option C.
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thanks im so confused with this question -20x+27=
For example, if x = 2, then: -20(2) + 27 = -40 + 27 = -13. So, when x is 2, the expression "-20x + 27" is equal to -13. We can substitute any other value for x and evaluate the expression in the same way.
What is substitution method?Substitution is an algebraic method for solving systems of linear equations. As the name suggests, this method assigns the value of a variable from one equation to another.
In this way, pairs of linear equations are transformed into single-variable linear equations that can be easily solved.
Understand what algebraic and graphical methods are before using substitution methods to solve linear equations.
What is algebraic method?Algebraic methods are a collection of methods used to solve a pair of linear equations in two variables.
In general, algebraic methods can be classified into three categories: replacement methods, elimination methods, and cross-multiplication methods.
What is graphical method?Graphical methods, also called geometric methods, are used to solve systems of linear equations.
In this method, equations are designed based on objective functions and constraints. To solve the system of linear equations, this procedure went through various steps to get the solution.
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What is purchasing power?
The amount of money someone wins.
The number of items someone is allowed to buy.
How fast someone can earn money.
What an individual can buy in terms of goods and services.
Answer:
What an individual can buy in terms of goods and services.
Explanation:
Purchasing power is the ability of a person to be able to buy goods or services
who thinks i might be attractive lol
Answer:
what
I don't get what do u mean
Answer:
I think all human beings have their own little uniqueness and b beauty.
Explanation:
What is meant by 'business plan'?
A business plan is a written document that describes in great detail the goals and objectives of a company.
A business plan outlines a written strategy for the company's operations, finances, and marketing. Both new and established businesses use business plans.
It is a crucial document intended for both internal and external audiences of a company. Generally, it is not a good idea to operate without a business plan. In reality, very few companies can function without one for an extended period.
A business plan can also help a company's executive team stay on the same page concerning strategic action items and on track to achieve set objectives.
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under the perpetual inventory system, the adjusting journal entries to record estimated sales returns (the original sales were on account) would be: question content area bottom part 1 a. sales returns and allowances xx cost of goods sold xx merchandise inventory xx accounts receivable xx b. sales revenue xx merchandise inventory xx estimated returns inventory xx refunds payable xx c. sales revenue xx refunds payable xx estimated returns inventory xx cost of goods sold xx d. accounts receivable xx sales revenue xx sales revenue xx cost of goods sold xx
The adjusting journal entries to record estimated sales returns under the perpetual inventory system would be:
a. Sales returns and allowances xx
Cost of goods sold xx
Merchandise inventory xx
Accounts receivable xx
Under the perpetual inventory system, adjusting journal entries are made to record estimated sales returns. Option (a) correctly reflects the entries required for this purpose. Sales returns and allowances account is debited to reduce sales revenue, cost of goods sold is credited to reduce the cost associated with the returned merchandise, merchandise inventory is debited to increase the inventory due to returns, and accounts receivable is credited to account for the reduction in the amount to be collected from the customer. This approach ensures that the financial statements accurately reflect the estimated impact of sales returns on revenue, cost of goods sold, inventory, and accounts receivable.
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think about the food products that we've discussed in our food chapter: coffee, cacao, and sugar. are they only food products? how are they related to globalization? what is monoculture? what are the social, economic, and environmental results of monoculture? how does it affect the development of a community in the global south?
When talking about monoculture crops, it is important to note that even if a different culture is planted on a given field plot each year, the concept of growing a single crop on one field at a time is still referred to as “monoculture”.
What is monoculture?One variety of crops is grown in a specific field at a time as part of a practice known as monoculture farming. A polyculture system, in contrast, presupposes that two or more crops are sown in a field at once. It should be noted that the concept of monoculture does not only apply to crops, but to farm animals as well: it consists in breeding only one species of animals on a given farm, be it dairy cows, sheep, pigs, chicken, etc.
Monoculture planting augments the effective utilization of soil and nearby environmental conditions. As a rule, ranchers select the yield that will flourish best in the nearby climate. The constructive outcomes of monoculture cultivation are regularly seen with so many yields as rice (filled in conditions like those of wetlands) and wheat (which is filled in level zones with a lot of daylight). Plants that can oppose or flourish in explicit climate conditions (for example dry spells, winds, or colder normal temperatures) become the point of convergence of the horticultural monoculture framework. Interestingly, a conventional rancher is worried about crop assortment and carries out an intricate timetable of planting, support, and reaping to boost the creation of various yields. In spite of this expanded exertion, the profitability and effectiveness of monoculture cultivation are normally higher.
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QUESTION 1 of 10: Chandra likes her new credit card. She uses it whenever she can, but she's careful to stay below her credit limit. After two months she notices her credit card bill includes huge finance charges. She chose her card because it featured 0% APR, so she doesn't think she should have any finance charges at all. What is the most likely explanation for the finance charges on Chandra's bill
Answer:
The introductory rate on the card is no longer in effect
Explanation:
Since in the question it is mentioned that after two months she notices that the credit card bill involves the high finance charges but she select the car that have % APR so here the explanation should be with respective to the finance charges is that the introductory rate would have no impact on the credit card
Therefore the same is to be considered
before business managers consider the social responsibilities of firms in their communities, they need to:
Before business managers consider the social responsibilities of firms in their communities, they need to collect all relevant facts.
Business managers lead or supervise the firms, organizations, or departments they are associated with. They ensure the productivity and efficiency of the organization. They keep it organized and functioning by performance reviews, implementing operation strategies, and regulating daily activities.
Business managers are closely involved with employees to assuring the successful completion of projects on time. When business managers consider the social responsibilities of firms in their communities, they are obliged and committed to improving and protecting society's welfare along with their firms' interests.
Business managers can take up societal responsibilities after ensuring the availability of diverse resources like money, labor, functional expertise, and competencies.
Therefore, it is important to collect all relevant facts before committing to societal goals.
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