In the William, Jennings, and Bryan partnership, Jennings had a 40% ownership interest.
The capital account balances and profit and loss percentages were as follows:William (40%) = $200,000Jennings (40%) = $150,000Bryan (20%) = $130,000Darrow invested $250,000 in cash for a 30% ownership interest. The money was added to the business, and no goodwill or other revaluation was recorded. Therefore, the total capital in the partnership is $200,000 + $150,000 + $130,000 + $250,000 = $730,000.After the transaction, Darrow will have a 30% ownership interest, and Jennings's ownership interest will be reduced to 37.33 percent.
To calculate Jennings's new capital balance, we can use the following formula:New capital balance = Old capital balance + (Investment x New ownership percentage)Jennings's old capital balance was $150,000, and his new ownership percentage is 37.33%. Thus, Jennings's new capital balance would be:$150,000 + ($250,000 x 0.3733) = $236,825Therefore, Jennings's capital balance after the transaction is $236,825.
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Personal selling can be part of ____ and involves direct spoken communication between sellers and customers
Process
Price
Promotion
Product
Personal selling can be part of Promotion and involves direct spoken communication between sellers and customers.
What is Personal selling?
Personal selling is a face-to-face sales method where a salesman uses their people abilities to convince a consumer to purchase a specific product. The salesperson tries to persuade the consumer that the product will only add value by emphasizing its different qualities.
Door-to-door sales are one of the typical forms of personal selling. To market and sell the goods/services, salespeople knock on the doors of potential clients. With their excellent interpersonal skills, they attempt to persuade people to purchase from them.
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which program has
budget lidl
year?
A. Social Security
O B. Medicaid
Ο Ο Ο Ο
O C. Defense
O D. Medicare
Answer: Medicare and social security
Explanation:your welcome
The following are affected by the business structure you choose when you start your
business.
O a.
day-to-day operations, personal liability, and business name.
O b.
day-to-day operations, business location, and taxes.
О с.
profitability, personal liability, and taxes
O d.
day-to-day operations, personal liability, and taxes.
1
When you start business, the business structure you choose can affect your day-to-day operations, personal liability, and taxes.
What is a liability?Liability refers to the legal responsibility for one's actions or debts. It is an obligation to pay or perform something to another party. Liability can arise from various sources, such as contractual agreements, statutory laws, or common law. For instance, when a person borrows money from a bank, they have a liability to repay the loan amount to the bank within a certain period, according to the terms and conditions of the loan agreement. Liability can also arise from a person's actions or omissions that result in harm or damage to others. In such cases, the person may be held liable for the damages caused and may have to compensate the affected parties for their losses.
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Your company will generate in annual revenue each year for the next seven years from a new information database. If the appropriate discount is 8. 2 percent, what is the present value of savings?
The present value of savings is approximately $60,662.57, assuming that the company will generate $100,000 in annual revenue each year for the next seven years and that the appropriate discount rate is 8.2%.
To calculate the present value of savings, we need to use the present value formula, which is:
\(PV = FV / (1 + r)^n\)
Where PV is the present value, FV is the future value, r is the discount rate, and n is the number of periods.
In this case, we know that the future value (FV) is the annual revenue that the company will generate each year for the next seven years. We'll marginal cost assume that this value is $100,000.
So, using the formula, we can calculate the present value of savings as follows:
\(PV = $100,000 / (1 + 0.082)^7\)
\(PV = $100,000 / 1.649\)
PV = $60,662.57
Therefore, the present value of savings is approximately $60,662.57, assuming that the company will generate $100,000 in annual revenue each year for the next seven years and that the appropriate discount rate is 8.2%.
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what are the criticisms of fiscal policy
Answer:
Fiscal policy is the adjustment of tax rate and government spending that is used to handle current economic situation.
There are several of criticism that usually found on fiscal policies.
- Time Lags.
The effect of fiscal policies could only be felt years after the policies are made. Often times, this goes unnoticed by the citizens of the country, making it look like that the government took no action to handle their economic issues.
- Strengthening foreign influence
One of the things that the government can do to reduce the inflation is by selling government bonds to the public. These bonds can be bought by companies from another countries. This will strengthen that country's influence over US economy.
- It could create a budget deficit for the next government officials.
Government in United States were reshuffled between 2-4 years. While the effect of fiscal policies could need more than 10 years before it actually can be felt. Sometimes, fiscal policies taken by previous government could create a deficit that had to be handled by the next government after the election.
What type of business is formed with the primary purpose of serving its user- members? O A. Partnership O B. Corporation O C. Sole proprietorship O D. Cooperative
Answer:
A social enterprise is a business with social objectives that serve its primary purpose.
Explanation:
Answer:
cooperative
Explanation:
just took it
a manager of a rollercoaster wants to reduce to the time people are spending in line waiting for the ride. to speed up wait times she introduces a new loading procedure which should decrease the overall time in line. in order to make an accurate comparison she chooses the same times during the week to measure before and after the new procedure is introduce. did the new procedure lead to a reduction in wait time? test at
The manager should compare the wait times before and after applying the method throughout the same times of the week to see if the new loading technique resulted in a decrease in wait time.
Thus, the management can pinpoint the impact of the new technique on wait times by maintaining consistency among the factors, such as the day of the week and the time of day. It may be assumed that the method has resulted in a decrease in wait time if the wait times following the implementation of the new loading procedure are consistently shorter than the wait times before to.
The manager can assess whether the technique has improved wait times by carefully analyzing the wait times before and after the introduction of the new loading procedure.
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ANSWER ASAP-- In one year, Corey earned $25,000 from his employer and a $300 capital gain from the sale of an investment. Corey doesn’t qualify for any deductions, but he can claim the lifetime learning credit.
Corey’s adjusted gross income is BLANK
and his total tax due will be (decreased or increased)
by the credit.
Answer:
Corey’s adjusted gross income is $25,300 and his total tax due will be decreased by the credit.
Explanation:
Add what Cory earned and his capital gain to make $25,300
Cory claimed the lifetime learning credit which decreases his total tax due
What are the two parts of the platform used to run application software? GUI and HCI hardware and operating system kernel and software configuration application base and operating system
Answer:
The answer is B
Explanation:
Answer:the answer is B hardware and operating system
Explanation:
Technopeeps is a supplier of computer related products and services. During the financial year ended 30 June 2022, Technopeeps offered a contract promotion whereby customers who purchase the contract will receive a laptop alongside one year of uncapped internet data services. The promotion was for one day only on 15 January 2022 and in terms of the contract, a laptop will be delivered to the customer on 1 February 2022, on which day the risks and rewards of ownership of the laptop will pass to the customer. The one year of internet data service will also begin on 1 February 2022. The contract price of R12.000 per contract is payable in full on 15 January 2022. On the day of the promotion, 65 customers purchased the contract in cash. Technopeeps usually sells its products and services separately. If sold separately, Technopeeps charges R4 000 for the laptop and a monthly fee of R1 000 for the uncapped use of internet data services. REQUIRED: 2.1) As per IFRS 15, there is a five-step approach to recognise and measure revenue. List the five steps involved in this approach. (5 marks) 2.2) Define a 'performance obligation' and identify what performance obligations exist in the contracts provided by Technopeeps. (3 marks) 2.3) Explain with reference to IFRS 15, whether or not the good and services supplied in Technopeeps's contract are distinct. (3 marks) 2.4) Prepare the general journal entries to record the sale of the contracts for the financial year ended 30 June 2022. Dates and narrations are not required. Limit your answer to the information provided e.g. ignore cost of sales implications. Show all workings. (19 marks) Round to the nearest Rand where applicable.
2.1) The five-step approach to recognize and measure revenue according to IFRS 15 is as follows: Step 1,2,3,4,5.
2.2) A 'performance obligation' is a promise in a contract with a customer to transfer a distinct good or service. In the contracts provided by Technopeeps,
2.3) According to IFRS 15, goods or services are considered distinct if they are capable of being distinct and are separately identifiable from other goods or services in the contract
2.4) The general journal entries to record the sale of the contracts for the financial year ended 30 June 2022 would be as follows:
On 15 January 2022 and On 1 February 2022.
2.1) The five-step approach to recognize and measure revenue according to IFRS 15 is as follows:
Step 1: Identify the contract(s) with a customer.
Step 2: Identify the performance obligations in the contract.
Step 3: Determine the transaction price.
Step 4: Allocate the transaction price to the performance obligations.
Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation.
2.2) A 'performance obligation' is a promise in a contract with a customer to transfer a distinct good or service. In the contracts provided by Technopeeps, the following performance obligations exist:
Delivery of the laptop: Technopeeps has promised to deliver a laptop to the customer on 1 February 2022.
Uncapped internet data services: Technopeeps has promised to provide one year of uncapped internet data services starting from 1 February 2022.
2.3) According to IFRS 15, goods or services are considered distinct if they are capable of being distinct and are separately identifiable from other goods or services in the contract. In the case of Technopeeps, the goods and services supplied in the contract are distinct because:
The laptop and internet data services can be purchased separately from Technopeeps.
The customer could choose to buy a laptop without the internet data services or vice versa.
Each of the goods and services has its own standalone value and can be used or consumed independently.
2.4) The general journal entries to record the sale of the contracts for the financial year ended 30 June 2022 would be as follows:
On 15 January 2022:
Cash Dr. 780,000 (65 contracts x R12,000 per contract)
Contract Liability Cr. 780,000 (Revenue is deferred as performance obligations are not yet satisfied)
On 1 February 2022:
Contract Liability Dr. 780,000 (Recognition of revenue for the delivery of the laptop)
Laptop Inventory Cr. 260,000 (Recognition of cost of the laptop)
Revenue Cr. 520,000 (Recognition of revenue for the laptop)
Contract Liability Dr. 780,000 (Recognition of revenue for the start of internet data services)
Deferred Revenue Cr. 780,000 (Recognition of deferred revenue for the internet data services)
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A discount supermarket, such as Aldi, is most likely to place an emphasis upon which of the following elements of the marketing mix?
Answer: Price
Explanation:
Marketing mix simply refers to the set of tactics or actions that a company will use to promote its product or brand in the market. The marketing mix is made up of the Price, Product, Promotion and Place.
A discount supermarket, such as Aldi, is most likely to place an emphasis upon the price. It is a discount factor, therefore the price will be its point of emphasis.
value ventures, inc., contracts to buy umbrage corporation's assets. umbrage breaches the contract. value files a suit against the corporation, seeking various remedies. the doctrine of election of remedies has been eliminated in contracts involving sales of
In contracts involving sales of goods, "the doctrine of election of remedies has been eliminated". The given statement is true about the doctrine of election of remedies.
What are the election of remedies?Election of remedies is a legal concept that allows a party who has suffered harm to choose between different remedies to compensate for the damage done to them. It essentially enables the party to choose from different types of damages they may pursue when they have suffered an injury or breach of contract.In contracts involving sales of goods, the doctrine of election of remedies has been eliminated.
The Uniform Commercial Code (UCC) provides that in contracts that involve the sale of goods, the doctrine of election of remedies is not applicable. Instead, the UCC allows a party to pursue any remedy that is available under the Code. The UCC permits a buyer to seek remedies that are based on both contract and tort law, and the buyer is free to choose the remedy that best suits their needs. The Code provides the following remedies for buyers: Acceptance and keep the goods, Reject the goods and obtain a refund, Reject the goods and obtain a replacement.
The doctrine of election of remedies has been eliminated in contracts involving sales of goods under the UCC. The buyer is free to pursue any remedy available under the Code.
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Which of the following describes a conflict which happens between a supervisor and a subordinate?
O Intrapersonal conflict
Group conflict
O Intergroup conflict
O Interpersonal conflict
A conflict between a supervisor and a subordinate can be described as Interpersonal conflict.
What is interpersonal conflict?Interpersonal conflict refers to conflict whereby there are at least two people involved. This means that interpersonal conflict refer to issues that a person has with another person, or group of people.
When there is a conflict between a supervisor and a subordinate, these are two different people which means that it is therefore an interpersonal conflict. Intrapersonal conflict on the other hand, refers to when a person has a conflict within themselves about how they should take certain decisions.
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biggest transition between school and post school
In the popular prioritization technique called "MoSCoW", the "M" stands for:
MoSCoW is a prioritization technique used to determine the importance of various tasks or requirements. The answer is A) Must-have. The letters in the acronym stand for:
M: Must-have - these are the most critical requirements that must be met in order for the project to be successful.S: Should-have - these are important requirements, but not as critical as the must-haves.C: Could-have - these are desirable requirements, but not essential.W: Won't-have - these are requirements that are not included in the current project scope, but may be considered in the future.By categorizing requirements into these four categories, teams can more easily focus on what is most important and ensure that critical requirements are met.
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Complete Question
In the popular prioritization technique called "MoSCoW", the "M" stands for:
A) Must-have
B) Maybe-have
C) Might-have
D) Mandatory
Consider the following balance sheet:
BestCare HMO
Balance Sheet
June 30, 2011
(in thousands)
Assets
Current Assets:
Cash $2,737
Net premiums receivable 821
Supplies 387
Total current assets $3,945
Net property and equipment $5,924
Total assets $9,869
Liabilities and Net Assets
Accounts payable—medical
Services $2,145
Accrued expenses 929
Notes payable 382
Total current liabilities $3,456
Long-term debt $4,295
Total liabilities $7,751
Net assets—unrestricted
(equity) $2,118
Total liabilities and net
Assets $9,869
a. How does this balance sheet differ from the one presented in Exhibit 4.1 for Sunnyvale?
b. What is BestCare’s net working capital for 2011?
c. What is BestCare’s debt ratio? How does it compare with Sunnyvale’s debt ratio?
a. The balance sheet for BestCare HMOB is different from the one presented in Exhibit 4.1 for Sunnyvale. b. BestCare’s net working capital for 2011 is $3,945 - $3,456 = $489 thousand. c. BestCare’s debt ratio is 78.9%.
Exhibit 4.1 for Sunnyvale in that it includes an entry for “Net premiums receivable” and “Notes payable”. It also includes a separate line item for “Net property and equipment” which was not present in Sunnyvale’s balance sheet.
BestCare’s debt ratio is 7,751/9,869 = 78.9% which is higher than Sunnyvale’s debt ratio of 71.2%, suggesting that BestCare has higher leverage and more debt than Sunnyvale. This is likely because BestCare is a larger organization and has more assets and liabilities than Sunnyvale.
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You have decided that you want to be a millionaire when you retire in 45 years.
Requirement 1: If you can earn an annual return of 11.16 percent, how much do you have to invest today? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Investment$
Requirement 2: What if you can earn an annual return of 5.58 percent? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Investment$
Requirement 1: If you can earn an annual return of 11.16 percent, how much do you have to invest today? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Investment $ The amount of money you have to invest today if you want to be a millionaire when you retire in 45 years, if you can earn an annual return of 11.16 percent is $4,190.25. Requirement 2: What if you can earn an annual return of 5.58 percent? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Investment $ If you can earn an annual return of 5.58 percent, how much do you have to invest today if you want to be a millionaire when you retire in 45 years? The amount of money you need to invest today is $12,331.65. What is the present value of an annuity? The present value of an annuity is the value of a group of future cash flows at the current time. For example, if an investor can expect to receive a set amount of cash for a certain number of years in the future and would like to know what that amount is worth in the present.
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perfect price discrimination a. is charging different prices to different buyers. b. is an attempt by monopolists to capture consumer surplus as profit. c. can eliminate the deadweight loss to society of a monopoly. d. do all of these.
Perfect price discrimination corresponds to all the definitions described above:
is charging different prices to different buyers. is an attempt by monopolists to capture consumer surplus as profit. can eliminate the deadweight loss to society of a monopoly.Therefore, the correct option is: d. do all of these.
The Perfect price discrimination:
Perfect price discrimination is a commercial strategy used by some monopolistic businesses to maximize their profits. It is based on the idea of charging different prices to different consumers, according to their ability and willingness to pay. This allows the company to recover all of the consumer surplus and, therefore, eliminate the deadweight loss to society that occurs when a monopoly operates.
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In the short run, a firm should operate when it is losing money, so long as the firm’s marginal revenue is above average variable cost. In this situation, continued operation enables a firm to cover all of its variable cost and some of its fixed cost with any remaining revenue.
(If the company cannot cover all of its variable cost, it is losing more money by continued operation than by shutting down in the short run. This situation is described in the last line of the table.)
A firm should operate in the short run when losing money if its marginal revenue is above average variable cost: as it enables the firm to cover variable costs and some fixed costs, thus minimizing losses.
In the short run, a firm should continue to operate even if it is losing money, as long as the marginal revenue exceeds the average variable cost. This situation allows the firm to cover all of its variable costs and contribute towards some of its fixed costs with the remaining revenue. By doing so, the firm minimizes its losses in the short run, as opposed to shutting down and bearing the full burden of its fixed costs.
If a company cannot cover all of its variable costs, it is losing more money by continuing to operate than by temporarily shutting down in the short run. In this case, the firm's marginal revenue is not enough to cover the average variable cost, making it economically unviable to continue operations. The firm should reevaluate its cost structure, pricing strategy, and market conditions to determine if it can become profitable in the long run.
In summary, a firm should operate in the short run when losing money if its marginal revenue is above average variable cost, as it enables the firm to cover variable costs and some fixed costs, thus minimizing losses. If it cannot cover all variable costs, it is more advantageous to shut down in the short run and reassess the firm's position in the market.
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Art teacher Monica earns time and a half for the number of hours she works over 40 hours. One week she worked 48 hours. How many hours of overtime did she work?
Answer:
8 hours
Explanation:
Here, we want to know the number of overtime hours worked.
From the question, we are told that the pay is slightly different and higher if she worked for some hours over 40 hours
What this means is that the regular number of hours is 40; then the number of hours in this case 8 over 40 is her over time
Year to date, Company Y had earned a 10.8 percent return. During the same time period, Company R earned 12.20 percent and Company C earned −1.56 percent. If you have a portfolio made up of 45 percent Y, 35 percent R, and 20 percent C, what is your portfolio return?
Answer:
8.82%
Explanation:
The computation of the portfolio return is shown below:
Portfolio return = Respective returns ×Respective weights
= (10.8 × 0.45) + (12.2 × 0.35) + (-1.56 × 0.20)
= 8.82%
Hence, the portfolio return is 8.82%
We simply applied the above formula so that the portfolio return could come
And, the same is to be considered
Brecken wishes to certify financial statements that materially depart from GAAP. She believes that it is necessary to do so in order to prevent the statements from being misleading in light of a new federal statute, which GAAP has not been amended to accommodate. In order to implement this departure, Brecken should do which of the following:
A. Describe the departure from GAAP.
B. Describe the departure's approximate effects.
C. State the reasons why compliance with GAAP would mislead.
D. All three choices provided.
Answer: D. All three choices provided.
Explanation:
Based on the information given in the question, in order to implement this departure, Brecken should:
• Describe the departure from GAAP.
• Describe the departure's approximate effects.
• State the reasons why compliance with GAAP would mislead.
Therefore, all the choices are correct.
a shift from an active to a passive orientation would most likely affect
A shift from an active to a passive orientation would most likely affect motivation, productivity, and performance. A shift from an active to a passive orientation would most likely have a significant impact on motivation, productivity, and performance, especially in sales-oriented roles.
When we speak about orientations, we refer to an individual's perspective towards a given situation. Orientation might be active, where an individual makes decisions, interacts with other individuals, and gets things done, or it could be passive, where the individual is less involved and takes less responsibility.
For example, an employee who is proactive and takes responsibility for their work is more likely to achieve greater results than one who is passive and does not take the initiative. Individuals who are passive, on the other hand, prefer to receive instruction, avoiding confrontation, and may be afraid to make decisions on their own.
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Which of the following is NOT a type of account offered by commercial banks to the public?
(A) Trade account
(B) Savings account
(C) Current account
(D) Fixed deposit account
Trade accounts are NOT a category of accounts that commercial banks provide to the general public.
Which of the following is NOT a type of account offered by commercial banks to the public?Trade accounts are frequently made available by suppliers to their clients, enabling them to order goods and solutions on credit and pay for them later. These accounts have no connection to services offered by commercial banks, such as savings, credit, and time deposits accounts. However, commercial banks also provide the general public with additional sorts of accounts, including bank deposits, bank deposits, and fixed deposit accounts. Savings accounts let users put money in and take it out while collecting interest; credit lines are used for day-to-day transactions; and fixed deposit accounts, which provide higher interest rates but call for locking in the money for a set time period.
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Why is money management important? How would you rate your own money management?
Answer:
because it has money
Explanation:
Answer:
Money management is important because you should have a balance of bills to pay, and money you keep for fun. If you don't have this then you might have to pay to much money for bills, and you not having enough to pay them off.
Explanation:
Using this table, calculate the marginal cost of each of
these quantities of bikes.
The first bike: $
The fourth bike: $
The sixth bike: $
The seventh bike: $
!! Someone please explain how to find the marginal cost, like what is the formula
Answer:
See below
Explanation:
Marginal cost is the additional expenses incurred in producing one more unit of output. Marginal cost is the expenses associated with the production of one extra unit.
In this case, there will be marginal costs in producing the first item. There is no extra unit in the first unit. Marginal costs will be zero. The second item's marginal cost will be the difference between the cost of the second and the first item.
First bike
=0
The fourth bike:
=Forth bike - third bike
=$130 -$110
= $20
The sixth bike
=sixth - fifth
=$210 -$160
=$50
The seventh bike
=seventh - sixth
=$270 -$210
=$60
First bike: $80
Forth bike: $20
Sixth bike: $50
Seventh bike $60
Why is important for all business majors to study strategic management since most students will never become a chief executive officer nor even a top manager in a large company
Answer:
it is good that all business majors study this regardless, as strategic management takes place at several/multiple levels in any organization they may find themselves
Explanation:
Even though most students may never become CEOs or branch manager or department heads of departments, it is good they study strategic management as strategic management provides directions through the development of plans on how to achieve an organizations set goals.
Several other levels in an organization may require the knowledge of strategic management. These employees in these other job roles could be asked to complete strategic plans for their various departments. Also at all levels, employees are asked to make contributions towards their organizations strategic plan. This makes it important for all business majors to study.
what is another name for a task force? multiple choice strategic alliance liaison group cross-functional team ad hoc committee
The term "task force" is often used interchangeably with "ad hoc committee," as both refer to a temporary group or committee formed to address a specific issue or problem.
However, among the options given, the term "cross-functional team" is most similar in meaning to "task force," as both involve bringing together individuals from different departments or areas of expertise to work on a specific project or goal.
A "strategic alliance" typically refers to a long-term partnership or collaboration between two or more organizations, while a "liaison group" typically involves representatives from different organizations or groups working together to exchange information or coordinate efforts.
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Why does the US import oil?
A.because it has exported too much oil
B.because it does not produce any oil
C.because it does not produce enough oil
D.because it has exported too little oil
Answer:
C. because it does not produce enough oil.
Explanation:
Although, the United States is one of the leading producers of oil, yet still import oil because it does not produce enough oil to meet the demand of its citizens. In other words, the United States consumes more than what she can produce.
Another reason is that most refineries in the United State are created basically for heavy crude whereas most of what she produce are light crude oil. The United States import the oil she is able to process while she export to other countries to complete the setup process.
The remedy to the above situation is when new refineries are built which are somewhat expensive or the existing refineries are upgraded to meet with the demand.
Answer:
D. Because it does not produce enough oil.
edg 2020.
Understanding that arab businessmen tend to stand face-to-face when holding a conversation reveals the importance of understanding another culture's use of:_______.
Understanding that arab businessmen tend to stand face-to-face when holding a conversation reveals the importance of understanding another culture's use of: body language.
What is body language?Body language can be defined as the ways use by people to express themselves when communicating or interacting with others.
People tend to make use of different body language during communication example of this body language includes the following:
Body postureFacial expressionEye contactGestures etc.When people face each other face to face when communicating they are displaying what is called body language.
Therefore understanding that arab businessmen tend to stand face-to-face when holding a conversation reveals the importance of understanding another culture's use of: body language.
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