Based on the information provided, financial statement it seems that the non-exclusive license for specialized software should be recognized as
asset on the statement of financial position. To reflect this in the financial statements, the following journal entry can be recorded: On January 20X3, when the license is acquired: Intangible Asset (e.g., Software License) UZS 60,000,000 Cash (or Accounts Payable) UZS 60,000,000 Since the license is expected to provide economic benefits over a period of two years, the company should allocate the cost of the license to the statement of comprehensive income over its useful life. Assuming a straight-line allocation method, the monthly expense would be UZS 60,000,000 / 24 = UZS 2,500,000. At the end of December 20X3, to record the monthly expense: Expense (e.g., Amortization Expense - Software License) UZS 2,500,000 Intangible Asset Accumulated Soft company Amortization) UZS 2,500,000 The above entry reflects the monthly allocation of the license cost as an expense and the
learn more about statement here:
https://brainly.com/question/32721651
#SPJ11
Your friend is thinking of hiring a financial planner to help him manage his portfolio. What should he be on the lookout for? Why?
Answer:
You should look for How much money should I invest and where? What is my current net worth? Can I afford to retire? How do I invest to achieve my short and long-term life goals? How much money do I need and when? You should ask these questions because they are important to consider when your going to hire someone in the financial business.
Explanation:
However, these may not be what most people ask when they are going to hire a financial planner. This is just what I would question them and myself about.
Why do you think business provide bonus to its employees?
Answer: See explanation
Explanation:
Bonus is sum of money that is added to the wage or salary of an employee. The role of bonus to employees is vital. Firstly, bonus is given to the employees to improve their morale.
Secondly, bonus motivates employees. When, employees are given bonus, it tends to motivate and they tend to work harder.
Thirdly, bonus tends to build team collaboration. Lastly, bonus boosts productivity. As the employees are motivated, they work harder and this can help them reach their goals and boost their productivity and bring about growth of the organization.
Builds Team Collaboration. ...
Creates Friendly Competition Among Staff
A semi-annual government bond selling for R975, with a coupon of 10.3% has a YTM of 9.1%. The bond matures in 12 years, but can be called in 6 years at a call price of R1070. What value do you need to input into your calculator for "N" to calculate Yield to Call? Provide your answer, in years, as a whole number (no decimal places needed).
The value to input into your calculator for "N" to calculate the Yield to Call is 10 (as a whole number representing years).
To calculate the Yield to Call (YTC), we need to determine the number of periods (N) until the bond can be called. In this case, the bond can be called in 6 years.
Given the information provided:
Market Price (P) = R975
Coupon Rate (C) = 10.3%
YTM (Yield to Maturity) = 9.1%
Maturity (M) = 12 years
Call Price (CP) = R1070
Time to Call (N) = ?
Using the financial calculator, we can solve for N to find the number of periods until the bond can be called:
PV (Present Value) = -975
FV (Future Value) = 1070
PMT (Payment) = (10.3% of 975)/2 (since it is a semi-annual coupon)
YTM (Yield to Maturity) = 9.1%
N = ?
Using the formula:
PV = (PMT * (1 - (1 + YTM)^(-N))) / YTM + (FV / (1 + YTM)^N)
Substituting the known values:
-975 = ((PMT * (1 - (1 + 0.091)^(-N))) / 0.091) + (1070 / (1 + 0.091)^N)
To solve this equation, we can use trial and error or financial software to find the value of N that satisfies the equation. After calculations, the value of N is approximately 10 years.
Learn more about here YTM here:
https://brainly.com/question/26376004
#SPJ11
Jack is a gamer, and every time he plays at a gaming center, he pays five dollars using a card that he recharges electronically every week. It is evident that Jack uses _____ as the mode of payment
E-Cash was a digital-based system that allowed for anonymous money transfers.
So, Jack here is using E-cash as a mode of payment.
How is E-cash important?Since it combines technological ease with security features, electronic cash is an important idea in electronic payment systems via the internet.
Electronic Cash can be used to send and receive payments between consumers and merchants, as well as for any other type of financial transaction.
For more information about E-cash refer to the link:
https://brainly.com/question/13409935
#SPJ1
A few year ago, in order to gain market hare, DelRay™, a well-known learning management ytem oftware company ued by many college and univeritie, joined force with WEB Cat™, another learning management ytem oftware company. Both companie were in the ame indutry and originally competed againt one another. In buine, we would call the joining of thee two firm a(n
In business, the joining of thee two firms is called a merger.
A merger is the joining of two separate companies into a single entity. In this scenario, DelRay™ and WEB Cat™ joined forces to gain market share in the learning management system software industry. Mergers can happen for various reasons, such as to increase market share, expand product offerings, reduce competition, or achieve economies of scale. The end result is a single company that combines the resources, expertise, and market presence of both original companies.
You can learn more about merger at
https://brainly.com/question/1977165
#SPJ4
Perform online research and find a house you would like to own. Calculate the cost of utilities, services, maintenance, and insurance to buy the home.
(Answers may vary.)
I found an apartment in Chicago that I would like to rent. The monthly rent is $900, but there are other fees for me to consider as a renter. Utilities (electric, water, cable, internet access, etc.) cost $300 a month. Building services, including parking and access to the gym, cost $50 a month. Maintenance fees for the building are $25 a month. Renter’s insurance is $12. The cost of living independently in this Chicago apartment is $1,287 a month.
Explanation: edmentum sample answer
Four main types of uniform series?
The four main types of uniform series are: Uniform series present worth (USPW), Uniform series future worth (USFW), Uniform series sinking fund (USSF) and Uniform series gradient (USG)
Uniform series present worth (USPW): This represents the present value of a series of equal cash flows that occur at regular intervals over a specific period of time.
Uniform series future worth (USFW): This represents the future value of a series of equal cash flows that occur at regular intervals over a specific period of time.
Uniform series sinking fund (USSF): This represents the regular payments required to accumulate a future sum of money at a given interest rate over a specific period of time.
Uniform series gradient (USG): This represents a series of cash flows that increase or decrease at a constant rate over time.
To learn more about uniform, click here:
https://brainly.com/question/27932377
#SPJ11
Find the present amount needed to attain a future amount of F dollars in the given time using an annual simple interest rate of r.
F = $4900, r = 5%, 2 years
The present amount needed to attain a future amount of $4900 in 2 years with an annual simple interest rate of 5% is approximately $4454.55.
To find the present amount needed to attain a future amount of F dollars in the given time using an annual simple interest rate of r, we can use the formula for simple interest:
Present Amount = Future Amount / (1 + r * t)
Where:
F = Future Amount ($4900)
r = Annual interest rate (5% or 0.05)
t = Time period (2 years)
Substituting the given values into the formula, we can calculate the present amount:
Present Amount = $4900 / (1 + 0.05 * 2
Present Amount = $4900 / (1 + 0.10)
Present Amount = $4900 / 1.10
Present Amount = $4454.55
To learn more about, Interest Rate, click here, https://brainly.com/question/31628675
#SPJ11
The purchase of new car is included in: investment expenditure consumption expenditure on services consumption expenditure on nondurable goods consumption expenditures on durable goods
Answer:
Consumption expenditure on durable goods
Explanation:
Consumption expenditure includes expenditure on goods which are used for final consumption by households. This can be further classified into,
i) Expenditure on durable goods that is goods that can be used over a longer life span such as cars, furniture, refrigerator, etc
ii) Expenditure on non-durable goods that are goods that have a short-life span and thus must be stored for a longer time such as food, clothing, etc
iii) Expenditure on services such as banking, insurance, traveling, etc
Thus, purchase of a new car is included in consumption expenditure on durable goods.
How to study using a 450 pg online college textbook in which you are asked detailed questions and scenarios.. It's overwhelming.
Answer:
Explanation:
There are many things in life that will seem overwhelming due to the how large and complex all of the data may be. The best way to get through these moments is to divide the task into smaller parts and sit down and dedicate time to it. For such a textbook divide the total amount of pages and read a little bit at a time, take breaks, reflect on what you have read, answer practice questions, and continue to the next group of pages. You will see after getting started that it is not as overwhelming anymore.
Write a suitable indefinite article before the following words or phrases and write
them again. (Copy the questions)
___heirloom ___astronomer
___ewe ___hotel employee
___honest man ___advocate
___one eyed dog ___awkward moment
___awesome picture ___European tourist
___incompetent employee ___auspicious moment
___humane person ___MLA
___horrible joke ___M. A student
Answer:
An heirloom, An astronomer
A ewe, A hotel employee
An honest man, An advocate
A one-eyed dog, An awkward moment
An awesome picture, A European tourist
An incompetent employee, An auspicious moment
A humane person, An MLA
A horrible joke, An M. A student
Explanation:
'A', 'an' and 'the' are the three articles that are used in English. They are used before nouns to specify them. 'A' and 'an' are indefinite articles and 'the' is the definite article. The indefinite article is used before the nouns which are not known or which are not identified. The definite articles are used before the identified noun. The indefinite article 'a' is used before the nouns that begin with a consonant sound. The indefinite article 'an' is used before the nouns that begin with a vowel sound.
A company that uses a strategy of selling its products to a distributor in another country would be using.
A company that uses a strategy of selling its products to a distributor in another country would be using exporting.
How Do Exports Work?Exports are products and services made in one nation and offered to customers in another. Imports and exports together make up global trade.
Because they give people and businesses access to a larger market for their products, exports are crucial to modern economies. Fostering economic commerce, and boosting exports and imports for the advantage of all trading parties, is one of the primary goals of diplomacy and foreign policy between countries.
Benefits of Exporting for Businesses
There are numerous reasons why businesses export their goods and services. If the goods open up new markets or widen existing ones, exports can boost sales and profits and may even offer the chance to gain a sizeable portion of the worldwide market. Exporting businesses diversify their markets to reduce business risk.
Learn more about export with the help of the given link:
brainly.com/question/17134731
#SPJ4
Why is it important that your resume, cover letter, and job application all contain the same information?
Answer:
A cover letter is an important way to showcase how your unique combination of skills and experience meet the key requirements of the job description. It is your chance to show a clear link between your knowledge, experience and abilities and the needs of the employer.
Explanation:
________ is a term associated with an advertisement has been seen or heard so many times that it irritates consumers.
Advertising wearout is a term used to describe the wear of an advertising campaign that can even irritate consumers.
What is advertising wearout?It is the loss of effectiveness in the memory of the message or the feeling of irritability before an advertisement by increasing the level of exposure.
It is a consequence of the constant maintenance of the advertisement in the medium that consumers become saturated of seeing the same commercial repeatedly.
Therefore, we can conclude that advertising wearout is a term used to describe the wear of an advertising campaign that can even irritate consumers.
Learn more about advertising here: https://brainly.com/question/13069627
On Sunday, Dawson's flower shop sold 25 arrangements. The materials needed for 25 arrangements cost $250. If he sold each arrangement for $55, what would the net income?
Answer:
Net Income = $1125
Explanation:
The net income is the difference between the revenue and the total costs incurred to earn that revenue. It can be calculated as follows,
Net Income = Revenue - Total costs
The revenue in the given question can be calculated by multiplying the selling price per arrangement by the number of arrangements sold.
Revenue = 55 * 25
Revenue = $1375
The total cost for materials needed for 25 arrangements is provided and there are no other costs.
Net Income = 1375 - 250
Net Income = $1125
According to the accessibility and inclusion for all video case, what technology are some car manufacturers using on their production lines to open jobs to individuals who might not have been able to perform the job previously?.
Exoskeleton technology is an innovative solution that promotes accessibility and inclusion in the workplace.
In the accessibility and inclusion for all video case, it was highlighted that car manufacturers are utilizing exoskeleton technology on their production lines. Exoskeletons are wearable devices that assist individuals in performing physical tasks that they may have previously found challenging or impossible. This technology allows individuals with physical disabilities or injuries to perform manual labor jobs on the production line, which were previously deemed inaccessible to them. The exoskeletons work by supporting the individual's muscles and reducing the strain on their body during repetitive and physically demanding tasks. The technology helps to improve the individual's strength and endurance, allowing them to work for longer periods without experiencing fatigue or discomfort. Car manufacturers such as Ford, BMW, and Toyota have implemented exoskeleton technology on their production lines to open job opportunities to individuals who may not have been able to perform the job previously due to physical limitations. This technology not only provides opportunities for individuals with disabilities but also helps to improve workplace safety by reducing the risk of injuries and accidents on the production line. It provides opportunities for individuals with disabilities to participate in manual labor jobs, which were previously inaccessible to them, and also enhances workplace safety for all employees.
For more such questions on technology
https://brainly.com/question/22785524
#SPJ11
Which type of reference group influence usage, while creating advertisements, has raised the most ethical concerns since it plays on people's insecurities and fears
How many years will it take for output to quadruple if output is growing at 5% annually?
Answer:
28.4 years
Explanation:
If the economy were to grow at a sustained average rate of 4%, it would take only 17.7 years to double 35.4 years to quadruple at a rollicking 5% growth rate.
To calculate the annual growth rate formula, follow these steps -
1. Find he ending value of the amount you are averaging
2. FInd the beginning value of the amount you are averagin
3. Divide the ending value by the beginning value
4. Subtract the new value by 1
5. Use the decimal to find the percentage of annual growth.
at the beginning of 2024, angel corporation began offering a 1-year warranty on its products. the warranty program was expected to cost angel 4% of net sales. net sales made under warranty in 2024 were $340 million. five percent of the units sold were returned in 2024 and repaired or replaced at a cost of $12.2 million. the amount of warranty expense in angel's 2024 income statement is:
The amount of warranty expense in angel's 2024 income statement is equal to $136 million.
Warranty expenses may be defined as the amount which is related to the repair cost, replacement or any compensation which is provided to the user by the company of any product whenever a product fails to deliver its worth. According to the question
Net sales = $340 million
Cost of the warranty program = 4%
The formula for calculating the warranty expense will be given as
Amount of warranty expense = Net sales × Cost of the warranty program
Amount of warranty expense = $340 million × 4%
Amount of warranty expense = $340 million × 0.4
Amount of warranty expense = $136 million
Learn more about Warranty expense at:
brainly.com/question/15603766
#SPJ4
National Family Opinion (NFO) contacts several hundred members of its consumer panel and provides them with a printed description of a new chewing gum and its package. Consumers are then given a survey containing several multiple-choice questions about their attitudes toward the new product, based on what they read in the description. The final survey question asks consumers to indicate the likelihood that they would purchase the product. NFO seems to be conducting a: a. Market test b. Concept test c. Prototype test d. Sensitivity test e. Attitude test
Answer: concept test
Explanation:
Based on the information given, we can infer that National Family Opinion (NFO) is conducting a concept test.
Concept testing is the process whereby surveys are used in the evaluation of the acceptance of a new product by the consumers before the product is introduced to the market.
Since the consumers are given a survey which contains different multiple-choice questions about their attitudes toward the new product,
Therefore, the correct option is B.
Addison Company experienced an accounting event that affected its financial statements as indicated below: Assets Stockholders' = Liabilities + Equity Revenue + Expense Net Income Stat + + +Which of the following accounting events could have caused these effects on Addison's financial statements? Multiple Choice O Collected cash from accounts receivableO Earned revenue on accountO Collected cash from accounts receivable O Earned revenue on account O Issued common stock O Earned cash revenue
The following accounting event that the Addison Company encountered had an impact on its financial statements: Assets Stockholders' = Revenue + Expense Net Income Statue + + +, The right response is earned income on account.
Explain Which accounting event appears on Addison's financial accounts as a result of earned revenue on account?The following accounting event appears on Addison's financial statements as a result of earned revenue on account.
Accounting is a term used to refer to the measurement, processing, and verbal transmission of economic and non-economic data about financial institutions such as corporations and agencies. Accounting, also known as the "language of business," measures the results of an organization's financial activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators.
Professionals in accounting include accountants. The terms accounting and financial reporting are frequently used synonymously. Tax accounting, fee accounting, financial accounting, and control accounting are only a few examples of the several categories into which accounting can be split.
To learn more about accounting visit:
https://brainly.com/question/25161518
#SPJ4
A junior-level officer in a company is hoping for a promotion this year. He understands that only his reporting manager can recommend him for the promotion. Therefore, he starts to flatter his manager and praise his efficient operational methods. In the context of attraction, the junior-level officer is most likely exhibiting ________ in this scenario.
According to the given promotion situation, the junior-level officer is most likely exhibiting ingratiation in this scenario. So, ingratiation is the correct answer.
What is ingratiation?Ingratiating is a psychological method in which a person tries to influence someone else by being more pleasant to them.
Flattery, complying with the supervisor's opinion, and giving favors are all examples of ingratiation. Self-promotion entails accepting credit for accomplishments, bragging about accomplishments, and emphasizing links to other influential people.
Here, a Junior-level officer begins to flatter his boss and compliment his effective operating tactics on the exhibition of ingratiation.
Check out the link below to know more about ingratiation;
https://brainly.com/question/11656543
#SPJ1
what is it called when the government uses some tool other than money to allocate goods?
A. rationing
B. supply management
C. disequilibrium
D. resource allocation
During 20X4 X co. made a tax–free distribution of stock rights to Reb. Reb’s basis in his X co. stock was $50,000. At the time of the distribution the fair market value of Reb’s X co. stock was $97,000 and of the stock rights was $3,000. Reb didn’t make a § 307 election.
a. Determine Reb’s basis in the X co. stock and the stock rights.
b. Determine Reb’s basis in the X co. stock and the stock rights assuming that he made a § 307 election.
If Reb did not make a § 307 election, his basis in the X Co. stock and the stock rights is $53,000. However, if he made a § 307 election, his basis in the X Co. stock and the stock rights remains at $50,000.
During 20X4, X Co. made a tax-free distribution of stock rights to Reb. Reb's basis in his X Co. stock was $50,000. At the time of the distribution, the fair market value of Reb's X Co. stock was $97,000 and the fair market value of the stock rights was $3,000. Reb did not make a § 307 election.
a. To determine Reb's basis in the X Co. stock and the stock rights:
1. Start with Reb's basis in the X Co. stock, which is $50,000.
2. Add the fair market value of the stock rights, which is $3,000.
Therefore, Reb's basis in the X Co. stock and the stock rights is $50,000 + $3,000 = $53,000.
b. To determine Reb's basis in the X Co. stock and the stock rights assuming he made a § 307 election:
1. Start with Reb's basis in the X Co. stock, which is $50,000.
2. Add the fair market value of the stock rights, which is $3,000.
3. Subtract the fair market value of the stock rights, which is $3,000.
Therefore, Reb's basis in the X Co. stock and the stock rights, assuming he made a § 307 election, is $50,000.
In conclusion, if Reb did not make a § 307 election, his basis in the X Co. stock and the stock rights is $53,000. However, if he made a § 307 election, his basis in the X Co. stock and the stock rights remains at $50,000.
To know more about stock visit
https://brainly.com/question/14649952
#SPJ11
a loan of $12,216 was repaid at the end of 13 months. what size repayment check (principal and interest) was written, if a 10.1% annual rate of interest was charged?
The size of the repayment check (principal and interest) written would be approximately $13,685.39.
To calculate the repayment check (principal and interest) for a loan, we need to use the formula for calculating the future value of a single sum. The formula is:
Future Value = Present Value * (1 + Interest Rate)^Time
Where:
Present Value = $12,216
Interest Rate = 10.1% per year
Time = 13 months = 13/12 years (assuming a 12-month year)
Let's calculate the future value:
Future Value = $12,216 * (1 + 0.101)^(13/12)
Future Value = $12,216 * (1.101)^(1.083)
Future Value ≈ $12,216 * 1.1203
Future Value ≈ $13,685.39
Learn more about interest here
https://brainly.com/question/30393144
#SPJ11
nvestment advisors at your local bank branch office: a) Are not able to plan strongly diversified portfolios for their customers b) Must be transparent about their rates and services c) Are working solely on behalf of their customers to earn money d) Do not advise their customers on their financial goals
Answer:
b) Must be transparent about their rates and services
Explanation:
investment advisors at your local bank branch office: Must be transparent about their rates and services
4.2What two forms of core compensation are the most common types of pay used in a traditional pay system?A.Bonus and hourly wageB.Hourly wage and annual salaryC.Hourly wage and commissionD.Commission and bonusE.Annual salary and commission
The two most common forms of core compensation used in a traditional pay system are hourly wage and annual salary. So, the correct answer is option B.
A payment based on the number of hours an employee works is known as an hourly wage. A basic formula for calculating an hourly wage is to add any overtime or shift differentials to the base rate per hour.
Regardless of how many hours a person works, an annual wage is a fixed sum of money provided to them over the course of the year. It is a set sum that is paid on a regular basis, such every two weeks or once a month.
Additional perks like paid time off, health insurance, and retirement contributions are sometimes included in salaries. Both of these payment options give workers a consistent income and help employers more effectively plan for payroll costs.
To learn more about hourly wage visit:
https://brainly.com/question/4468523
#SPJ4
Patient satisfaction with va care and services is often reported to be at what percentage?.
Your highness, caught you sippin' on lean
Reminds me that's how it's supposed to be
Explanation:
if you we're running a company, describe at least two things you would do to improve its productivity
Answer:
I would provide training in order to boost the product quality and make the workers more advanced and productive. I would also give more paid time off so that the workers have a chance to recharge and come back to work refreshed.
Explanation:
An increase in the price level that reduces the real value of wealth is likely to:______.
An increase in the price level reduces the value of real wealth and is likely to cause a reduction in consumption but no change in saving. In this case, there is a wealth effect but no interest rate effect.
The wealth effect is a behavioral monetary principle suggesting that people spend extra as the price of their belongings rises. The idea is that purchasers experience greater financially comfortable and assurance about their wealth while their houses or investment portfolios boom in cost.
The “wealth effect” is the premise that customers tend to spend greater whilst broadly-held assets like real property and stocks are rising. The belief that the wealth effect spurs personal intake makes sense intuitively.
The Wealth effect. additionally called the actual Balances impact. -while the rate degree is higher, it lowers the price of your wealth, so you demand less output. You can't substitute a steeply-priced desirable for a cheaper desirable due to the fact everything is extra steeply priced.
The intuition at the back of the actual wealth impact is that once the charge level decreases, it takes much less cash to shop for goods and offerings. The money you have got is now worth more and you feel wealthier. So, in reaction to a lower price degree, real GDP will boom.
Learn more about Wealth Effect here:- https://brainly.com/question/26960365
#SPJ4