In its reconciliation schedule, WME should show a $19,000 positive adjustment to net income under the indirect method for the decrease in accounts payable.
This is because the cost of goods sold reported on the income statement includes the amount of inventory purchased during the year, but not necessarily the amount of inventory paid for during the year. Since WME paid $380,000 to suppliers but only reported $440,000 in cost of goods sold, it can be inferred that WME had $60,000 of inventory purchases that were not paid for during the year. As the accounts payable balance decreased by $41,000, this means that WME paid off $41,000 of its outstanding accounts payable, leaving $19,000 that was not paid. This $19,000 should be added back to net income under the indirect method to reconcile the difference between the income statement and statement of cash flows.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Why should businesses be socially responsible? Give any two reasons.
Answer:
Embracing CSR increases customer retention and loyalty, increases employee engagement, improves brand imaging, attracts investment opportunities and top talent, and makes a difference for bottom-line financials.
Explanation:
Yeah.
The demand for bread in Ahoma City ranges from 100 to 120 tons per day, every day of the year. The demand is easily satisfied on a daily basis. This demand for bread can be categorized as _____.
Considering the situation described above, this demand for bread can be categorized as a "static demand."
This is because a static demand is a type of demand that is not flexible at any given point.
Also, demand is said to be static when the change in quantity demand of a commodity is relative to a change in the unit price of a commodity.
Thus, in this case, when the demand for bread in Ahoma City ranges from 100 to 120 tons per day, every day of the year, this is an example of a Static demand because it is stable throughout the year.
Hence, in this case, it is concluded that the correct answer is "Static Demand."
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Louise is a 63-year old widow who has just retired. Louise owns her home, has no debt, and lives on Social Security payments, a pension, interest from her Certificates of Deposit, and a passbook savings account at a local bank. Two of her CDs are due to mature, and interest rates have dropped. Louise would like an investment that will provide more in monthly income than her CDs will at the new lower interest rate. She is concerned about meeting her expenses if her income drops, and she is risk averse. Her representative recommends ABC Equity Asset Allocation Fund to Louise. The fund has had outstanding performance over the past 3 years and is managed by a well-known money manager. Is the representative's recommendation suitable for this client
In Louise's case the fund will not meet the client's objective of monthly income
Louise, is a 63-year-old widow who recently retired, owns her home, has no debt, and relies on Social Security benefits, a pension, interest from her certificates of deposit, and a passbook savings account at a nearby bank to make ends meet. She is also a widow and lives alone. Interest rates have decreased, and two of her CDs are about to mature. Since she is risk-averse and worried about how she will pay her bills if her income decreases, Louise is seeking for an investment that would yield a higher monthly return than the new, lower interest rate on her CDs.
However, in her case, the fund won't generate enough money each month to achieve the client's goal. Monthly income is the client's declared investing goal. Since it is a growth fund, the asset allocation fund falls short of this goal. For this client, a low-risk income fund might be suitable.
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Based on the information provided, it does not appear that the representative's recommendation of the ABC Equity Asset Allocation Fund is suitable for Louise.
Louise is described as risk averse and concerned about meeting her expenses if her income drops. The ABC Equity Asset Allocation Fund is an equity fund, which means it invests primarily in stocks and therefore carries a higher level of risk than fixed-income investments like CDs. While the fund may have had outstanding performance over the past 3 years, past performance is not a guarantee of future results and there is no guarantee that the fund will continue to perform well in the future.
Given Louise's age, financial situation, and risk tolerance, it may be more appropriate for her to consider investments that are less risky and provide a more stable source of income. This could include investments such as high-quality bonds, annuities, or other fixed-income investments.
It's important for financial representatives to take into account a client's financial situation, risk tolerance, and investment goals when making investment recommendations. In this case, the representative's recommendation does not appear to be in line with Louise's needs and risk tolerance.
Therefore, it is recommended for Louise to invest in some more stable and less riskier places and not in the ABC Equity Asset Allocation Fund.
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foreign businesses in india appear to receive unusually close scrutiny and special regulations, aimed at protecting the local businesses. this is an example of a(n)
Foreign businesses in India receiving unusually close scrutiny and special regulations aimed at protecting local businesses is an example of protectionism.
Protectionism refers to government policies or actions that restrict or regulate international trade in order to promote domestic industries and businesses.
Protectionist measures such as tariffs, quotas, and regulations are often used to shield domestic industries from competition with foreign companies, which can negatively impact the local economy.
While protectionism may provide short-term benefits for local businesses, it can also lead to higher prices, reduced innovation, and a lack of international competitiveness in the long run.
Therefore, it is important for governments to strike a balance between protecting local businesses and promoting free and fair international trade for the benefit of all parties involved.
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Click this link to visit the O*NET page for the Zoologists and Wildlife Biologists career. Scroll down to the Skills section. Note that common skills are listed toward the top, and less common skills are listed toward the bottom. According to O*NET, what are some common work skills for Zoologists and Wildlife Biologists? Check all that apply. active listening equipment maintenance installation science critical thinking
Answer:
1,4,5
Explanation:
just did it on e2020
There are some common work skills for Zoologists and Wildlife Biologists are:
Active listening Installation science Critical thinking. Thus, option (a), (c), and (d) is correct.What is Wildlife?
While humans and domesticated animals are not considered to be considered "wildlife," living things such as birds, animals, insects, and mammals are. Brew, lion, butterfly, etc. are a few examples. Grasslands, forests, deserts, wooded areas, and plains are where you can see wildlife most often.
Active listening, applied science, and critical thinking are common work abilities for Zoologists and Wildlife Biologists. The Zoologists are founded on the skills they learn in nature. There was the based on the skills are the developed in the nature are the Zoologists.
As a result, they are some common work skills for Zoologists and Wildlife Biologists. Therefore, option (a), (c), and (d) is correct.
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The mean price of houses in the us is $383,500. a real estate agent believes the mean price of houses in a local neighborhood is less than the national mean. the agent takes a random sample of 30 houses and finds the mean price to be $295,089 with a standard deviation of $156,321. do the data provide convincing evidence at the level that the mean price of the houses in the area is less than $383,500?
are the conditions for inference met?
Yes, the data provide convincing evidence at the level that the mean price of the houses in the area is less than $383,500 and all conditions for inference are met.
The technique of employing data analysis to deduce characteristics of an underlying probability distribution is known as statistical inference. By generating estimates and testing hypotheses, for instance, inferential statistical analysis infers characteristics of a population. The observed data set is thought to be a sample of a broader population.
The average value of a security or asset as measured over a time frame is the average price. It is obtained by calculating the closing prices over a certain time period's simple arithmetic average. The volume-weighted average price (VWAP), which is normalized for trading volume, can be calculated on an intraday basis. Another method of calculating the average cost of an item, such a gallon of standard gasoline, is to survey merchants or providers over a predetermined time frame.
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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What was the civil rights organization made up of college and high school students that were known for their non-violent sit-ins, freedom rides, and desegregating lunch counters/restaurants?
The civil rights organization that you are referring to is the Student Nonviolent Coordinating Committee (SNCC).
What is Student Nonviolent Coordinating Committee (SNCC)?The Student Nonviolent Coordinating Committee (SNCC) was a civil rights organization in the United States that was active from 1960 to 1968. It was made up of college and high school students who worked to end racial segregation and discrimination through non-violent means, such as sit-ins, freedom rides, and desegregating lunch counters and restaurants. SNCC played a key role in the Civil Rights Movement, and was known for its grassroots organizing, voter registration campaigns, and its role in the Freedom Summer of 1964. It was one of the major organizations of the movement alongside the Southern Christian Leadership Conference (SCLC) and the Congress of Racial Equality (CORE).
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100 points! PLEASE HELP. DO NOT SKIP THIS!
PLEASE DON'T DO FUNNY BUSINESS HERE.
You are now familiar with government and how it plays a role in our economy. Using what you learned in the lesson, describe two advantages and two disadvantages of governmental involvement. What changes would you make to improve government’s role?
You can say answers other than-
there are more restrictions
Answer:
There are many advantages of government intervention such as even income distribution, no social injustice, secured public goods and services, property rights and welfare opportunities for those who cannot afford. Whereas, according to some economists the government intervention may also result in few disadvantages.
I would try to remove corruption
Explanation:
Plz mark brainliest thanks
Answer:
(Disadvantages)
Government and political interference may lead to poor management.
-Operation in large scale may lead to diseconomies of scale arise.
(Advantages)
-Protecting the safety and health of the public and the environment.
-Offering consumers increased safety when choosing products.
Explanation:
Stop trying to legislate morality. Where we get tripped up is in the conversation about "beliefs". We have been stuck in fights that keep our country in a holding pattern. It is not only detrimental to our unity, it undermines our ability to concentrate on areas that need it.?
Whats better: Mustang or Dodge
Answer:
Mustang
Explanation:
Answer:
I think Mustang
Explanation:
It's just my choice because I think it's the best and maybe I don't know if dodge is the foreign one lol?
if your income is $9 and the prices of x and y are $2 and $1, respectively, what quantities of each will you purchase to maximize utility?
The quantities of each will you purchase to maximize utility are 1.5 units of X and 6 units of Y
What is marginal utility?Marginal utility is the additional satisfaction gained from consuming one more unit of a good, while marginal utility per dollar is the additional satisfaction gained per dollar spent on a good.
To determine the quantities of X and Y that will maximize utility, we need to use the concept of marginal utility and marginal utility per dollar.
Let's assume that the marginal utility of the last unit of X consumed is 6, and the marginal utility of the last unit of Y consumed is 8. The prices of X and Y are $2 and $1, respectively.
To determine the optimal quantities of X and Y, we need to calculate the marginal utility per dollar of each good:
Marginal utility per dollar of X = Marginal utility of X / Price of X = 6 / 2 = 3
Marginal utility per dollar of Y = Marginal utility of Y / Price of Y = 8 / 1 = 8
Since the marginal utility per dollar of Y is greater than that of X, we should consume more of Y and less of X.
To maximize utility with an income of $9, we should allocate our spending between X and Y in a way that makes their marginal utility per dollar equal.
If we spend $6 on Y (6 units) and $3 on X (1.5 units), we will have spent our entire income and reached the point where the marginal utility per dollar of both goods is equal:
Marginal utility per dollar of X = 6 / 1.5 = 4
Marginal utility per dollar of Y = 8 / 6 = 4/3
Therefore, the optimal quantities of X and Y to maximize utility with an income of $9 and prices of $2 and $1 are 1.5 units of X and 6 units of Y.
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Based on the maximization of utility concept and the context of the question, the quantities of x and y that should be purchased to maximize utility are 2 units and 5 units respectively.
What is Maximum Utility?Maximum Utility is a term that is used to describe utility maximization, whereby individuals and organizations seek to achieve the highest level of satisfaction from their economic decisions.
Generally, the utility function assesses the intensity to which an individual's fulfillment is met
In this case, If the income is $9 and the prices of X and Y are $2 and $1, respectively, then a buyer should purchase 2 units of X and 5 units of Y to maximize utility and satisfy the equation MUx/Px = MUy/Py.
Therefore, the total utility of 45 units will be realized.
Hence, If the price of X falls to $1, then 4 units of X and 5 units of Y will now be purchased.
The demand schedule for X is:
p1 = 2, q1 = 2,
p2 = 1, q2 = 4.
Therefore, in this case, it is concluded that the correct answer is x and y which should be purchased to maximize utility are 2 units and 5 units respectively.
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If motorcycles have elastic demand, how would a small increase in price affect demand for motorcycles?
Answer:not much
Explanation:
If it's elastic then i switchs
how should detachable stock warrants outstanding be classified?
Detachable stock warrants outstanding should be classified as either equity or liability, depending on their specific features and contractual terms.
Detachable stock warrants are financial instruments that give the holder the right to purchase a certain number of shares of the issuing company's stock at a predetermined price within a specified period. The classification of detachable stock warrants as either equity or liability depends on their specific characteristics.
If the detachable stock warrants are exercisable for a fixed number of shares and the exercise price remains constant over the life of the warrant, they are generally classified as equity. This is because they represent a potential future dilution of ownership interest in the company. They are considered part of the shareholders' equity, and any proceeds received upon exercise of the warrants increase the company's equity capital.
However, if the detachable stock warrants include features such as redemption features, variable exercise prices, or other terms that could result in a financial liability for the issuing company, they may be classified as liabilities. In such cases, the warrants are recorded at fair value, and any changes in their fair value are recognized in the company's income statement.
In conclusion, the classification of detachable stock warrants outstanding depends on their specific features and contractual terms. If they represent a potential dilution of ownership interest, they are classified as equity. However, if they include features that could result in a financial liability, they are classified as liabilities.
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If a revenue in total for a month was $9,550, fixed expenses were $9,000 and variable expenses were $300 what would be the total profit/loss for the month?
Answer:
the answer would be 250
because 9,000-9,550 = 550 -300= 230
what is the first step in the comprehensive strategic-management model
The first step in the comprehensive strategic management model is typically conducting a thorough analysis of the organization's internal and external environment.
This initial step involves evaluating the organization's strengths, weaknesses, opportunities, and threats (SWOT analysis), assessing its competitive position, and understanding the broader industry and market dynamics. By conducting a detailed analysis, decision-makers gain insights into the internal resources, capabilities, and limitations of the organization, as well as the external factors that may impact its performance. This information serves as the foundation for formulating effective strategies and making informed decisions. Understanding the organization's current state and the external landscape is crucial for setting objectives, identifying strategic options, and aligning the strategic management process with the organization's vision and goals.
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Why might it be risky to purchase a preowned vehicle from a
private owner?
true or false: the change in the real exchange rate that resulted from the decline in the quality of u.s. products may increase the u.s. standard of living.
The given statement "The change in the real exchange rate that resulted from the decline in the quality of U.S. products may increase the U.S. standard of living" is False because A decrease in product quality can result in lower real exchange rates.
The decline in the quality of U.S. products would generally not lead to an increase in the U.S. standard of living. A decrease in product quality can result in lower real exchange rates, as other countries may be less willing to purchase lower-quality goods.
This could potentially lead to a decrease in demand for U.S. products, negatively affecting the country's export sector and overall economic growth. Lower economic growth can, in turn, impact the standard of living, as it may result in fewer job opportunities and lower income levels.
Moreover, a decrease in product quality could also adversely affect domestic consumers, as they might experience reduced satisfaction and increased costs associated with purchasing lower-quality goods. Therefore, it is unlikely that the change in the real exchange rate due to a decline in the quality of U.S. products would lead to an increase in the U.S. standard of living.
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Conduct online research to find out about the career pathways for a job in logistics and inventory control. Write a note discussing the pathway. Choose any three careers in these pathways and discuss some professional and personal skills that will be helpful to a person who opts for these careers. Also discuss the technologies used in these careers.
ANSWER ASAP
Searching a job in a logistics & inventory management as per relevant skill and knowledge is a tedious task, but following a career pathways make it easier way to grab a job.
What are career pathways?A career pathway is a more condensed collection of jobs within a professional cluster that share common competencies. There are various career trajectories within each career cluster. A career pathway allows you to start in a lower-lever job and advance along it as you gain knowledge and experience.
For a person who want to swing his career in logistics & inventory management; then follow this career path:
Have well versed with the Industry requirement.
Thus in certain way a person can get better position in inventory management.
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Peabody. Inc. Has 5000 shares 7% $100 psr value cumulative preferred stock and 50000 shares of $1 par value common stock outstanding at Dec 31 2014 if the board of directors declare a $30000 dividen the?
If the board of directors declares a $30,000 dividend, the: preferred shareholders will receive the entire $30,000.
How to find the preferred shareholders?To calculate the dividend amount for each class of stock, we need to determine how much of the dividend will be allocated to the preferred stock and how much will be allocated to the common stock.
Since the preferred stock is cumulative, any dividends that were not paid in previous years will need to be paid before any dividends can be paid to the common stock. We can calculate the amount of cumulative dividends owed to the preferred stockholders as follows:
Cumulative Dividends Owed = 5000 shares x $100 psr value x 7% = $35,000
Since the board of directors has declared a $30,000 dividend, we can see that this amount is not enough to cover the full amount of cumulative dividends owed to the preferred stockholders. Therefore, the entire $30,000 dividend will be paid to the preferred stockholders, and none will be paid to the common stockholders.
The amount of cumulative dividends owed to the preferred stockholders will be reduced by $30,000, leaving a balance of $5,000. This amount will need to be paid before any future dividends can be paid to the common stockholders.
Therefore, the dividend amount for each class of stock is:
Preferred Stock: $30,000
Common Stock: $0
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as a business how do you respond when crisis is occur
Answer:
you need to keep calm and assist your staff on doing the same. Together, you can ride out a crisis and ensure the business remains open, operating, and afloat for when the crisis is over. It is a challenge to stay calm among the chaos created by a crisis
Explanation:
What is a wholesaler?
A. An intermediary that manufactures products,
B. An intermediary that makes goods convenient for consumers to
buy
C. An intermediary that makes goods convenient for businesses to
buy.
D. An intermediary that purchases goods for personal use.
Answer:
C. An intermediary that makes goods convenient for businesses to
buy.
Explanation:
Wholesalers are businesses that buy finished products from manufacturers and sell them to retailers. They are members of the supply chain. Wholesalers buy goods in bulk, break the bulk, and sell them to retailers. In some instances, some wholesalers may sell directly to consumers.
Retailers are businesses that sell to end consumers. They are the primary customers to wholesalers. Therefore, wholesalers are intermediaries who sell to other businesses.
which among the forces in the macroeconomics has the most impact on a company? why?
Answer:
Gross Domestic Product
Explanation:
Gross Domestic Product or GDP is the most important macroeconomic variable because it measures the amount of goods and services that are produced within an economy in a given year. In other words, GDP is one of the most accurate measures of economic activity that economists have found so far.
GDP impacts companies because they depend on external market forces to stay afloat. If GDP falls one year, this means that economic activity declined, and companies are likely to feel the effects of it in the form of lower sales, lower revenues, less profits, less hiring, more firing, etc.
What are extension strategies?
➣ Extension strategies are marketing techniques that seek to improve sales to extend the life of a product before decline begins.
➥ I hope I have helped you, greetings! Atte: ღTheGirlSadღAnswer:
Extension strategies are marketing techniques that seeks to improve sales to extend the life of a product before decline begins .retailing is one area where technology is unlikely to make a big difference in how services are provided. true or false
The statement "retailing is one area where technology is unlikely to make a big difference in how services are provided." is false.
Retailing is an area where technology has made and will continue to make a significant difference in how services are provided. Through innovations like e-commerce, mobile payment solutions, and inventory management systems, technology has greatly impacted the retail landscape.
Additionally, advancements in artificial intelligence and machine learning have allowed for personalized marketing and improved customer experiences. Moreover, the adoption of virtual and augmented reality has the potential to revolutionize the shopping experience by allowing customers to visualize products before purchasing.
In summary, technology has played a critical role in the evolution of the retail industry and will continue to do so in the future.
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You are taking a trip to New York from Atlanta during Winter break. You decide that it's more cost effective to drive. Answer the following questions about your trip: a. (8 pts) You pass a road sign that says you are 112 km from the next rest stop. If you drive a constant speed of 65mi/h, how long (in minutes) should it take you to reach the rest stop? b. (10 pts) After the rest stop, you get back on the road driving the speed limit at 65mi/h. Checking your GPS, you take your eyes off the road for "half a second." What distance (in feet) do you travel in this time? (5280ft=1mi) c. (6 pts) The closer you get to New York; you notice that the temperature is dropping. The temperature on your dashboard reads 40.0
∘
F. What is the temperature in Kelvin?
It should take approximately 1.7435 minutes to reach the rest stop, you would travel approximately 47.6667 feet during that half-second and the temperature in Kelvin is approximately 275.6194 K.
You decide that it's more cost effective to drive.
a. To convert the speed from miles per hour (mi/h) to kilometers per minute (km/min), we can use the conversion factor 1 mile = 1.60934 kilometers.
Converting 65 miles per hour-kilometers per hour:
65 mi/h * 1.60934 km/mi = 104.6071 km/h
Next, we convert kilometers per hour to kilometers per minute:
104.6071 km/h / 60 min/h = 1.7435 km/min
Therefore, it should take approximately 1.7435 minutes to reach the rest stop.
b. To calculate the distance traveled in half a second, we need to convert the speed from miles per hour to feet per second.
65 mi/h * 5280 ft/mi * (1/3600) h/s = 95.3333 ft/s
Since the time is given in half a second, we can calculate the distance traveled as:
95.3333 ft/s * 0.5 s = 47.6667 ft
Therefore, you would travel approximately 47.6667 feet during that half-second.
c. To convert the temperature from Fahrenheit (°F) to Kelvin (K), we can use the formula:
K = (°F - 32) * (5/9) + 273.15
Substituting the given temperature of 40.0 °F into the formula:
K = (40.0 - 32) * (5/9) + 273.15
K = 4.4444 * (5/9) + 273.15
K = 2.4694 + 273.15
K = 275.6194
Therefore, the temperature in Kelvin is approximately 275.6194 K.
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Cycle Wholesaling sold merchandise on account, with terms n/60, to Sarah's Cycles on February 1 for $1,250 (cost of goods sold of $725). On February 9, Sarah's Cycles returned to Cycle Wholesaling one-quarter of the merchandise from February 1 (cost of goods returned was $195). Cycle Wholesaling uses a perpetual inventory system, and it allows returns only within 15 days of initial sale. Required:
Answer:
1. 1-Feb
Dr Accounts receivable 1,250
Cr Sales revenue 1,250
2 . 1-Feb
Dr Cost of goods sold 725
Cr Inventory 725
3. 9-Feb
Dr Sales revenue 312.50
Cr Accounts Receivable 312.50
4. 9-Feb
Dr inventory 195
Cr Cost of goods sold 195
5. 2-Mar
Dr Cash 937.50
Cr Accounts receivable 937.50
B. Gross profit percentage=43.47%
Explanation:
A. Preparation of the journal entries to record sales , goods return on February 9 and Cash collected on March 2
1 to 3 Preparation of the journal entries to record sales
1. 1-Feb
Dr Accounts receivable 1,250
Cr Sales revenue 1,250
2 . 1-Feb
Dr Cost of goods sold 725
Cr Inventory 725
3. 9-Feb
Dr Sales revenue 312.50
Cr Accounts Receivable 312.50
(1/4*1,250)
4. Preparation of the journal entry to record goods return on February 9
9-Feb
Dr inventory 195
Cr Cost of goods sold 195
5. Preparation of the journal entry to record collected on March 2
2-Mar
Dr Cash 937.50
Cr Accounts receivable 937.50
(1,250-312.50)
B. Calculation for the gross profit percentage for sales to Sarah's Cycles
First step is to find the gross profit
Net sales 937.50
Less Cost of goods sold (530)
(725-195 )
Gross profit 407.50
Now let calculate the Gross profit percentage using this formula
Gross profit percentage = Gross profit/Sales
Let plug in the formula
Gross profit percentage=407.50/937.50
Gross profit percentage=0.4347*100
Gross profit percentage=43.47%
A. Preparing a cash flow forecast helps a company to avoid __________.
net losses
liquidity
opportunity costs
higher financing costs
B. Why are ethical issues complicated for businesses that operate in the global economy?
Because their employees won't know what the laws are in other countries.
Because they tend to have more employees.
Because different cultures have different norms and values.
Because they don't have as much moral character as small, local businesses.
C. The pro forma balance sheet shows how the __________ resulting from a strategic plan will be financed.
AFN
equity
inventory
sales forecast
A. Preparing a cash flow forecast helps the company to avoid net losses.
What does a cash flow forecast serve?Forecasts of a company's future cash position are known as cash flow forecasts. A cash flow forecast typically presents the anticipated cash inflows and expenditures for a specific future period, providing a forecast of the company's anticipated net cash flow for that time period. The statement of cash flows is one of the most important financial reports to understand because it provides in-depth information about how a company makes and uses money. Regardless of your position, you can make better, more informed decisions by knowing how to prepare and analyze cash flow statements.
B. The ethical issues are complicated for businesses that operate in the global economy because they don't have as much moral character as small, local businesses.
C. The pro forma balance sheet shows how the AFN resulting from a strategic plan will be financed.
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give nine examples of types of information a business must manage.
You must properly maintain the data related to sales, customer lists, inventory, financing, and other facets of your firm.
Here are nine examples of types of information that a business must manage:
Financial information: This includes information related to the company's financial performance, such as income statements, balance sheets, cash flow statements, and financial forecasts.Customer information: This includes information about customers, such as their names, contact information, purchase history, and preferences.Employee information: This includes information about employees, such as their names, contact information, employment history, salary, and benefits.Inventory information: This includes information about the company's inventory levels, such as the quantity and location of items in stock, reorder points, and lead times.Sales and marketing information: This includes information about the company's sales and marketing efforts, such as market research data, advertising and promotional materials, and sales forecasts.Operational information: This includes information about the company's operations, such as production schedules, supply chain data, and quality control metrics.Intellectual property information: This includes information about the company's intellectual property, such as patents, trademarks, copyrights, and trade secrets.Regulatory and legal information: This includes information about the company's compliance with regulatory and legal requirements, such as licenses and permits, tax filings, and environmental regulations.Technology and data management information: This includes information about the company's technology and data management systems, such as hardware and software inventory, network topology, and data security protocols.Learn more about business must manage.
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the monthly salaries of three people working in a small firm are $3,500, $4,000, and $4,500. if instead of a $100 raise, everyone gets 10% raise, how, if at all, would the average of the three salaries change?
The average salary would be affected by $300
The average of salary when increase by $100 each=
=4100+ 3600 + 4600/3
=4100
The average of salary when 10% increased-
For A- 3850
B- 4400
C- 4950
Average= 3850 + 4400 + 4950/3
= 4400
The total difference is $300.
Average salary- The result is obtained by dividing the sum of two or more values by the quantity of values. In other terms, the average or mean is equal to (a+b+c)/3. These five salaries total $264,000 in total. The average or mean pay is then obtained by dividing the total by the number of data points (five), which equals $52,800.
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