g Consider the following two separate events for a company during the year: 1. Gain on sale of investments = $10. 2. Unrealized gain on investment from increase in fair value = $20. The company reports the unrealized gain as a component of other comprehensive income. By how much would these two events increase net income and comprehensive income, ignoring tax effects?

Answers

Answer 1

Answer:

B.) Net income = $10; Comprehensive income = $30.

Explanation:

The computation and effect of these two events increase net income and comprehensive income is shown below:

Since there is a gain on sale of investment so it increased the net income

So the net income would be increased by $10

And, there is an Unrealized gain on investment from an increase in fair value of $20

So, the comprehensive income increased by

= $10 + $20

= $30

Hence, the correct option is B


Related Questions

#hi makenzie thomas this is the owner of Brainly we or taking away some of your coins because of the inappropriate language and offensive cheating you have been using

:Thank You

Answers

Answer:

girl yk you aint nobodies owner

Explanation:

New Venture Management (1)


1. Explain the below the process of financial management.

*. Importance of Financial Statements - Preparation of historic Financial statements
*. Forecasts - Preparation of Forecasts
*. Budgets - Preparation of pro forma financial statement
*. Financial Ratios - Ongoing analysis of financial results

Answers

The process of financial management involves the preparation and analysis of historic financial statements, forecasts, budgets, and ongoing monitoring of financial ratios.

The process of financial management involves several key components that contribute to effective financial decision-making and the overall financial health of a business. Here is an explanation of each component:

Importance of Financial Statements - Preparation of Historic Financial Statements:

Financial statements, such as the income statement, balance sheet, and cash flow statement, provide a historical snapshot of a company's financial performance, position, and cash flows. These statements are crucial for assessing profitability, liquidity, solvency, and overall financial stability. By analyzing past financial statements, management can identify trends, evaluate the impact of previous decisions, and make informed decisions for the future.

Forecasts - Preparation of Forecasts:

Forecasts involve projecting future financial performance based on historical data, market trends, and other relevant factors. This process helps businesses anticipate potential opportunities, challenges, and financial needs. Forecasts typically include projected income statements, balance sheets, and cash flow statements, providing insights into expected revenue, expenses, assets, liabilities, and cash flows. It enables management to plan and allocate resources effectively, set financial goals, and make strategic decisions.

Budgets - Preparation of Pro Forma Financial Statements:

Budgets are financial plans that outline anticipated income, expenses, and cash flows for a specific period, typically on a monthly, quarterly, or annual basis. Pro forma financial statements, including pro forma income statements, balance sheets, and cash flow statements, are created as part of the budgeting process. Budgets help in setting targets, allocating resources, and monitoring performance against the planned financial objectives. They serve as a roadmap for financial management and aid in identifying areas that require adjustment or improvement.

Financial Ratios - Ongoing Analysis of Financial Results:

Financial ratios are quantitative indicators that provide insights into a company's financial performance, efficiency, and profitability. Ratios compare different financial figures from the financial statements to assess liquidity, profitability, solvency, efficiency, and other key aspects. By monitoring and analyzing financial ratios on an ongoing basis, management can identify trends, compare performance against industry benchmarks, and make informed decisions to optimize financial performance. These components contribute to understanding a company's financial position, making informed decisions, and driving sustainable growth and profitability.

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The average annual income rises from $25,000 to $38,000, and the quantity of bread consumed in a year by the average person falls from 30 loaves to 22 loaves. What is the income elasticity of bread consumption? Is bread a normal or an inferior good?

Answers

Answer:

the income elasticity of bread is 20/39 and bread is an inferior good

You are the Finance Executive, and you are required to reply by email to Holly for her queries on the advantages and disadvantages of ABC to set the costs of the "Storage & Store on the Go". You also need to propose to Holly, whether ABC, marginal cost plus approach or the full cost plus approach is more suitable.

Answers

Answer:

different between isoquant and isocost

identify 2 challenge that are experienced by tertiary sector​

Answers

Answer:

Explanation:

Two challenges commonly experienced by the tertiary sector include technological disruption and increasing customer expectations.

TECHNOLOGICAL DISRUPTION: The rapid advancement of technology has significantly impacted the tertiary sector. Automation, artificial intelligence, and digitalization have led to the emergence of new business models and processes, disrupting traditional service industries. Tertiary sector businesses must adapt to these changes by integrating technology into their operations, upskilling their workforce, and redefining their service offerings to remain competitive.

INCREASING CUSTOMER EXPECTATIONS: In today's digital age, customers have higher expectations when it comes to service quality, convenience, and personalization. They demand seamless online experiences, instant responses, and customized solutions. Meeting these expectations requires tertiary sector organizations to invest in customer relationship management systems, improve their digital presence, and provide personalized and efficient services.

A macroeconomic policy which is adopted to combat inflation through
government expenditure and tax is?​

Answers

Fiscal Policy

(: hope this helps

The CEO is interested in learning more about probability and how it works. The CEO is also asking about how probability and analytics can be integrated into the business model. In the process of looking for information on probability, you find that it is important to understand optimization and forecasting and how they can be applied to benefit the business. Do some research and present the results for the CEO. The following is the necessary information to complete this lab assignment. Deliverables Step 2: Probability Research • Considering the CEO's request, you determine that some research needs to take place. • Define the following terms for the CEO and locate some chart examples of each type of analysis. o Probability o Optimization o Forecasting Step 3: Integrating Data Research for Business • In one to two paragraphs, discuss what role probability and statistics play in business decisions. • In one to two paragraphs, discuss any ethical considerations when doing probability. • Summarize by explaining why probability is a good method for the CEO to consider.

Answers

Step 2: Probability Research Probability, Optimization, Forecasting.

Step 3: Integrating Data Research for Business.

Probability:

Probability is a branch of mathematics that deals with the likelihood of events occurring. It is a measure of uncertainty and is expressed as a number between 0 and 1, where 0 represents impossibility and 1 represents certainty.

Optimization:

Optimization involves finding the best possible solution from a set of alternatives. It aims to maximize desired outcomes or minimize undesirable ones, considering constraints and objectives.

Forecasting:

Forecasting is the process of predicting future events or outcomes based on historical data and statistical models. It helps businesses anticipate demand patterns, market trends, and other factors that can influence decision-making.

Step 3: Integrating Data Research for Business

Probability and statistics play a crucial role in business decisions. They provide a framework for analyzing and interpreting data, assessing risks, making predictions, and supporting evidence-based decision-making.

When working with probability, ethical considerations are important. It is essential to ensure that data used in probability analysis is collected ethically, respects privacy and confidentiality, and adheres to relevant legal and regulatory requirements.

Probability is a valuable method for the CEO to consider because it provides a systematic and quantitative approach to analyzing uncertainty and making informed decisions.

By integrating probability into the business model, the CEO can better understand risks, optimize resource allocation, improve forecasting accuracy, and ultimately enhance strategic decision-making and business performance.

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The Chartered Financial Analyst (CFA) designation is fast becoming a requirement for serious investment professionals. Although it requires a successful completion of three levels of grueling exams, the designation often results in a promising career with a lucrative salary. A student of finance is curious about the average salary of a CFA charterholder. He takes a random sample of 36 recent charterholders and computes a mean salary of $162,000 with a standard deviation of $36,000. Use this sample information to determine the 90% confidence interval for the average salary of a CFA charterholder.

Answers

The confidence interval for the average salary of a CFA charter holder : ( 1,49,820, 1,74,180)

We assume that the salary of CFA charterholders is typically distributed.

Let the salary of CFA charter holders be = x

ATQ

n = 36 and x = 1,62,000

Degree of freedom :

df = 35    [ df= n-1]

s=  $36,000

Significance level :

a = 1 - 0.95

= 0.05

Using the t-distribution table,

Ta/2, df = t(0.025), 35

= 2.030

95% confidence interval for the average salary of a CFA charterholders

1,62,000 + (2.030). 36000/√36

= 1,62,000 +- 12180

= ( 1,62,000 - 12180,  1,62,000 + 12180)

= ( 1,49,820, 1,74,180)

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Note that common skills are listed toward the top, and less common skills are listed toward the bottom. According to O*NET, what are common skills needed by Postsecondary Education Administrators? Check all that apply.

speaking
active listening
reading comprehension
science
critical thinking
quality control analysis

Answers

According to O*NET, the common skills needed by Post-secondary Education Administrators are: Speaking, Active listening, Reading comprehension, and Critical thinking.

Administrators in postsecondary education help students with a range of activities, including class registration and admissions application completion.

Administrators in postsecondary education are in charge of faculty research, academics, and student services in colleges and universities.

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Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Classes
Customers
Products and Services
Locations
Tax Code

Answers

The Batch Reclassify Transactions tool in QuickBooks Online Accountant provides a streamlined and efficient way to reclassify these four items.

In QuickBooks Online Accountant, the "Batch Reclassify Transactions" tool can be used to reclassify the following four items:

1. Classes: The Batch Reclassify Transactions tool allows you to reclassify transactions based on their assigned classes. You can select a range of transactions and update the class assignment in bulk, which is useful for correcting any misclassifications or for making changes to your class structure.

2. Customers: With the Batch Reclassify Transactions tool, you can also reclassify transactions based on the customer associated with them. This is helpful when you need to make changes to the customer assignments for a group of transactions, ensuring accurate reporting and tracking of sales and expenses.

3. Products and Services: The Batch Reclassify Transactions tool enables you to reclassify transactions based on the products and services involved. By selecting a range of transactions, you can update the product or service assignment in bulk, allowing you to correct any misclassifications or make changes to your product and service categorizations.

4. Tax Code: The Batch Reclassify Transactions tool can be used to reclassify transactions based on their assigned tax codes. This feature is particularly useful when there are changes to tax regulations or when transactions have been mistakenly assigned incorrect tax codes. By selecting the transactions and updating their tax code in bulk, you can ensure accurate tax reporting and compliance.

The Batch Reclassify Transactions tool in QuickBooks Online Accountant provides a streamlined and efficient way to reclassify these four items, helping to maintain accurate financial records and ensure proper reporting and analysis of your business's data.

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Which of the following is true of service companies?
O A. Service companies carry no inventories of products for sale.
O B. Service companies modify and resell products they buy from manufacturers.
O C. Revenues of service companies are only recorded on cash receipt.
O D. All costs of service companies are product costs.

Answers

The answer correct answer I believe would be . B
The B service compañías carry no inventores

Present value. The State of Confusion wants to change the current retirement policy for state employees. To do​ so, however, the state must pay the current pension fund members the present value of their promised future payments. There are 220,000 current employees in the state pension fund. The average employee is 20 years away from​ retirement, and the average promised future retirement benefit is ​$380,000 per employee. If the state has a discount rate of 5.5​% on all its​ funds, how much money will the state have to pay to the employees before it can start a new pension​ plan?

Answers

Answer:

$28,652,141,334

Explanation:

For the money to be paid first determine the present value which is shown below:

Present value = Future value × 1 ÷ (1 + rate)^n

= $380,000 × 1 ÷ (1 + 0.055)^20

= $130,237.0061

Now the money i.e. to be paid is

=  $130,237.0061  × 220,000 current employees

= $28,652,141,334

Hence, the above is the answer and the same is to be considered


Which of the following are the responsibilities of middle-level managers? (Choose every correct answer.)

Answers

To supervise workers over their day-to-day tasks. generally, middle- position directors are responsible for overseeing their brigades and workers to help a company negotiate its pretensions through design and platoon operation. They will apply programs and objects, and manage prospects with elderly- position operation.

What are the responsibilities of middle-level managers?

Middle superintendences part is substantial and critical to the overall health of the association! Unfortunately, middle operation is overlooked, more frequently than not, as they're micromanaged or not allowed the capability to make opinions that lead to failures or successes. Middle directors MUST be grown, trained, chops developed, ideas allowed and trusted. Middle directors MUST be viewed as the unborn leaders of your association! Organic growth from within, and people moving through the species of the company, is the healthiest way to develop a culture from within.

Middle directors are assigned with running their departments, or divisions, and to execute the plays handed down from upper/ elderly position directors they make the business work daily. They're closest to thrills on the ground and their views, opinions, and fancies need to be taken seriously and openly by elderly leaders. Only by having a strong, stable and visionary middle operation platoon, can you look at the overall company as one which will achieve greatness.

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If anyone knows about businesses can you help me please

If anyone knows about businesses can you help me please

Answers

Answer:

I believe it is team standard

Explanation:

One way a group of people can become an effective team is to create team standards. These are essentially the rules that govern how the team works and behaves. To be effective, the team standards need to be set and agreed to by the team members and not dictated to them by a boss or manager.

Sadie is a reporter who has researched an in-depth article about the prevalence of mercury found in local fish. During her investigation she finds that although a few fish have been caught with high levels of mercury, for the most part, they are rare. Considering that Sadie’s organization needs to sell ad space, which title will she MOST likely pick for this article?

A.
No Cause for Alarm with Local Fish

B.
Few Fish Affected by Mercury, Study Finds

C.
Mercury Levels Not an Issue Here

D.
Toxic Ingredients in Local Seafood

Answers

The title that Sadie is most likely to pick for the article, considering that her organization needs to sell ad space, is B. Few Fish Affected by Mercury, Study Finds.

Why is the title appropriate ?

The title of Sadie's investigation accurately portrays the rarity of local fish with high mercury levels. It puts forward an optimistic perspective by emphasizing the low incidence of mercury within these aquatic species, possibly sparking interest from advertisers and readers.

However, choosing option A which says No Need to Worry About Local Fish, may undermine concerns related to mercury poisoning risks in fish, hindering engagement from people and marketers alike.

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The study of economics is nothing but the study of a tree and a forest. Discourse with respect to branches of economics

Answers

The study of economics involves the examination of individual components represented by branches and the analysis of the broader system represented by the forest.

How does the study of economics relate to a tree and a forest?

Just as a tree consists of various branches that connect and support each other, the study of economics comprises different branches that explore specific aspects of the economy. These branches including microeconomics, macroeconomics and international economics focus on understanding and analyzing elements of economic behavior and systems.

The interplay between the various branches of economics contributes to comprehensive understanding of how individual economic decisions and activities collectively shape the broader economic system. By studying both the branches and the forest, economists can gain insights into the intricate relationships.

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A political scientist surveys 31 of the current 131 representatives in a state's congress. what is the size of the sample?
what is the size of the population?

Answers

Answer:

the sample is 31

Explanation:

the population is 31+131=162

Nate works 40 hours and makes $8.95 per hour. his deductions are federal tax, $45.95; state tax, $8.80; social security tax, $13.76 and health insurance, $7.16. what is his net pay?​

Answers

Answer: The answer would be $282.33

Explanation: Multiply the $8.95 per hour by the 40 hours he works which will equal to 358, add all the deduction amounts together which will equal to 75.67, take away 75.67 from the 358 from before which will give your answer $282.33.

Why is a tariff imposed

Answers

impose tariffs to raise revenue or to protect domestic industries

What is the term for the joining of two or more firms involved in different stages of producing the same good or service?
horizontal merger
conglomerate
closely held corporation
vertical merger

Answers

Answer:

vertical merger

Explanation:

Sharon has been working for Company A for three months and has fallen
Sick ill, How.
slek Leave
Is She
ent Hed to
many
(Page 47)
A She is not entitled to any sick leave within the first srx months
B she is entitled to one days
Sek leave for every tusenty Six day's worked
She is entitled to one days gick leave
within the first six monts
D
She is entitled to one days leave for every six week uxarked

Answers

According to the given options, the correct answer is:

B. She is entitled to one day's sick leave for every twenty-six days worked.

Based on the information provided, Sharon has been working for Company A for three months and has fallen sick. The option states that she is entitled to one day's sick leave for every twenty-six days worked. Since she has been working for three months, which is equivalent to approximately ninety days, she would be entitled to (90 / 26) = 3.46 days of sick leave. However, since the options do not provide a fractional value, it can be inferred that she would be entitled to one day's sick leave within the first six months of her employment.

It's important to note that employment policies regarding sick leave can vary between companies, so it's always best to refer to the specific policies and guidelines of the employer in question.

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Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below.


Balance Sheets

2019 2018

Assets

Cash and equivalents $100 $85

Accounts receivable 275 300

Inventories 375 250

Total current assets $750 $635

Net plant and equipment 2,300 1,490

Total assets $3,050 $2,125

Liabilities and Equity

Accounts payable $150 $85

Accruals 75 50

Notes payable 150 75

Total current liabilities $375 $210

Long-term debt 450 290

Total liabilities 825 500

Common stock 1,225 1,225

Retained earnings 1,000 400

Common equity 2,225 1,625

Total liabilities and equity $3,050 $2,125



Income Statements

2019 2018

Sales $2,265 $1,565

Operating costs excluding depreciation and amortization 1,250 1,000

EBITDA $1,015 $565

Depreciation and amortization 100 75

EBIT $915 $490

Interest 63 46

EBT $852 $444

Taxes (25%) 213 111

Net income $639 $333


Dividends paid $54 $48

Addition to retained earnings $585 $285


Shares outstanding 100 100

Price $25.00 $22.50

WACC 10.00%


The balance in the firm's cash and equivalents account is needed for operations and is not considered "excess" cash.


Using the financial statements given above, what is Rosnan's 2019 free cash flow (FCF)? Use a minus sign to indicate a negative FCF. Round your answer to the nearest cent.

Answers

The 2018 free cash flow for Rosnan Industries is $158. The balance sheet was the based on the Rosnan Industries' 2019 and 2018.

Particular                                                              2018                 2019

Current Asset                                                       $635                $750

Current Liability                                                   $135                  $255

Net working capital                                             500                    525

Net increases in working capital                                                    25

The capital expenditure is made are computed:

Ending balance of fixed asset                                                    2300

Add: Depreciation                                                                          100

Less: Begging of fixed amount                                                   1490

Capital expenditure:                                                                     910

Net income:                                                                                 677

Add: Depreciation                                                                       100

Less: Capital expenditure                                                           -910

Less: Net increases in Net WC                                                    -25

Free cashflow                                                                              -158

The 2018 free cash flow for Rosnan Industries is $158.

As a result, the significance of the Rosnan Industries' 2019 and 2018 balance sheets are the aforementioned.

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Thomas believes that he has an NOL for the current year and wants to carry it back to a previous year and receive a tax refund. In determining his NOL, Thomas offset his business income by alimony payments he made to his ex-wife, contributions he made to his traditional Individual Retirement Account (IRA), and moving expenses he incurred. His reason for using these items in the NOL computation is that each item is a deduction for AGI.

Required:
Identify the relevant tax issues for Thomas

Answers

Answer:

The relevant tax issues for Thomas to consider are whether the amount of NOL would be reduced if ; payments made with regards to Alimony , Moving Expenses and contributions made to Traditional IRA  are included .

Explanation:

The relevant tax issues for Thomas to consider are whether the amount of NOL would be reduced if ; payments made with regards to Alimony , Moving Expenses and contributions made to Traditional IRA  are included .

according to rule : Non business deductions are limited in the Ongoing year's NOL hence Non business deductions made with regards to Alimony , Moving Expenses and contributions made to Traditional IRA  are included  the amount of NOL will reduce.

Isabella and Antonio are auto mechanics. Isabella takes 6 hours to replace a clutch and 4 hours to replace a set of brakes. Antonio takes 8 hours to replace a clutch and 6 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage.

Answers

Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.

- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.

How to determine the whether anyone has an absolute advantage at either task and, for each task

To determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.

Let's analyze the tasks:

1. Clutch Replacement:

- Isabella takes 6 hours.

- Antonio takes 8 hours.

Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.

2. Brake Replacement:

- Isabella takes 4 hours.

- Antonio takes 6 hours.

Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.

Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.

Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.

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Accounting and subsequently violates the covenant not to complete, what equitable remedy is available to big three accounting inc

Answers

Injunction equitable remedy is available to Big Three Accounting, Inc. Thus option D is correct.

What is Accounting?

Accounting is the act of documenting a business's monetary operations. All transactions are compiled, examined, and reported to factor in making, regulatory bodies, and tax collection organizations as part of the accounting cycle.

A lawsuit for an injunction is brought to court when someone infringes any contract clause relating to not competing. An equitable relief is where a court directs a party to carry out a certain act or desist from doing so. Therefore, option D is the correct option.

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After passing his CPA exam, Mohammad is hired by Big Three Accounting, Inc. Part of his contract includes a covenant not to compete. If, after working for three years, Mohammad retires from Big Three Accounting and subsequently violates the covenant not to compete, what equitable remedy is available to Big Three Accounting, Inc.?

a. Rescission O b. Specific Performance O c. Reformation O d. Injunction

Milton Company closes its books on its July 31 year-end. The company does not make entries to accrue for interest except at its year-end. On June 30, the Notes Receivable account balance is $23,800. Notes Receivable includes the following.

date Maker Face Value Term Maturity Date Interest Rate
21-Apr Coote Inc 6,000 90 Days 20-Jul 8%
25-May Brady Co 7,800 60 Days 24-Jul 10%
30-Jun BMG Co 10,000 6 Months 31-Dec 6%

During July, the following transactions were completed.
July 5 Made sales of $4,500 on Milton Company credit cards.
14 Made sales of $600 on Visa credit cards. The credit card service charge is 3%.
20 Received payment in full from Coote Inc. on the amount due.
24 Received payment in full from Brady Co. on the amount due.

Required:
a. Journalize the July transactions and the July 31 adjusting entry for accrued interest receivable.
b. Show the balance sheet presentation of the receivable accounts at July 31.

Answers

a) Journalizing the July transactions and the July 31 adjusting entry for accrued interest receivable for Milton Company is as follows:

July 5 Debit Credit Card $4,500

Credit Sales Revenue $4,500

Milton Company credit cards.

July 14 Debit Visa Credit Card $582

Credit Visa Credit Card Expense $18

Credit Sales Revenue $600

Visa credit cards with a service charge of 3%.

July 20 Debit Cash $6,120

Credit Notes Receivable (Coote Inc.) $6,000

Credit Interest Revenue $120

July 24 Debit Cash $7,930

Credit Notes Receivable (Brady Co.) $7,800

Credit Interest Revenue $130

Adjusting Journal Entry:

July 31 Debit Interest Receivable $50

Credit Interest Revenue $50

b. The balance sheet presentation of the receivable accounts as of July 31 is as follows:

Milton Company

Balance Sheet as of July 31:

Receivable Accounts:

Credit Cards           $5,082

Notes Receivable $10,000

Interest Receivable     $50

Data and Calculations:

Notes Receivable account balance = $23,800

Detailed as follows:

Date       Maker         Face Value      Term      Maturity Date    Interest Rate

21-Apr    Coote Inc       $6,000      90 Days       20-Jul                   8%

25-May  Brady Co          7,800      60 Days       24-Jul                   10%

30-Jun   BMG Co         10,000       6 Months     31-Dec                   6%

Total                          $23,800

Transactions Analysis:

July 5 Credit Card $4,500 Sales Revenue $4,500

Milton Company credit cards.

July 14 Visa Credit Card $582 Visa Credit Card Expense $18 Sales Revenue $600

Visa credit cards with a service charge of 3%.

July 20 Cash $6,120 Notes Receivable (Coote Inc.) $6,000 Interest Revenue $120

July 24 Cash $7,930 Notes Receivable (Brady Co.) $7,800 Interest Revenue $130

July 31 Interest Receivable $50 Interest Revenue $50

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Which of the following line items appear on an income statement?
O Inventory
O Revenues
O Accounts Receivable
O Salaries and Wages Payable

Answers

Revenues appear on an Income statement.

The income statement, which is often referred to as the profit and loss statement (P&L) or the statement of revenue and expense, primarily focuses on the company's revenue and expenses for a specific time period. Understanding how to study an income statement is the greatest approach to evaluating a business and choosing whether or not to invest. Total income is the sum of operating and non-operating income, and total expenses are the costs associated with both primary and auxiliary operations. Receipts are not revenue. Earned revenue is shown on the income statement. Cash receipts (cash paid in or received) are not.

An income statement offers useful information about a company's operations, managerial effectiveness, underperforming industries, and performance in comparison to competitors.

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Pepper Department store allocates its service department expenses to its various operating (sales) departments. The following data is available for its service departments:


Expense Basis for allocation Amount
Rent Square feet of floor space $ 30,000
Advertising Amount of dollar sales 36,000
Administrative Number of employees 51,000

The following information is available for its three operating (sales) departments:


Department Square Feet Dollar Sales Number of employees
A 3,200 $ 236,000 5
B 4,800 $ 354,000 7
C 8,000 $ 590,000 8
Totals 16,000 $ 1,180,000 20

What is the total expense allocated to Department B?

Answers

To allocate the expenses to Department B, we first need to determine the allocation rates for each of the service departments:

- Rent: $30,000 / 16,000 sq ft = $1.875 per sq ft
- Advertising: $36,000 / $1,180,000 = 0.03 per dollar of sales
- Administrative: $51,000 / 20 employees = $2,550 per employee

Using these allocation rates, we can allocate the expenses to each department:

- Department A: (3,200 sq ft x $1.875/sq ft) + ($236,000 x 0.03) + (5 employees x $2,550/employee) = $6,000 + $7,080 + $12,750 = $25,830
- Department B: (4,800 sq ft x $1.875/sq ft) + ($354,000 x 0.03) + (7 employees x $2,550/employee) = $9,000 + $10,620 + $17,850 = $37,470
- Department C: (8,000 sq ft x $1.875/sq ft) + ($590,000 x 0.03) + (8 employees x $2,550/employee) = $15,000 + $17,700 + $20,400 = $53,100

Therefore, the total expense allocated to Department B is $37,470.

The annual dividend rates for a random sample of 16 companies in three different industries, utilities, banking, and insurance, were recorded. The ANOVA comparing the mean annual dividend rate among three industries rejected the null hypothesis that the dividend rates were equal. The mean square error (MSE) was 3.36. The following table summarized the results:

Utilities Banking Insurance
Number Sampled 5 5 6
Mean Annual Dividend Rate 11.62 15.4 17.4
Based on the comparison between the mean annual dividend rate for companies in utilities and banking, the 95% confidence interval shows an interval of 1.28 to 6.28 for the difference. This result indicates that _______.

Multiple Choice

A. the annual dividend rate in the utilities industry is significantly less than the annual dividend rate in the banking industry

B. the annual dividend rate in the banking industry is significantly less than the annual dividend rate in the utilities industry

C. there is no significant difference between the two rates

D. the interval contains a difference of 5.00

Answers

Based on the information given, the results show that A.The annual dividend rate in the utility industry is significantly less than the annual dividend rate in the banking industry.

A dividend rate simply means a financial ratio that is important as it shows how much a company pays out in dividends every year relative to the stock price of the company.

In this case,  the 95% confidence interval shows an interval of 1.28 to 6.28 for the difference. This implies that the annual dividend rate in the utilities industry is significantly less than the annual dividend rate in the banking industry.

Learn more about dividends on:

https://brainly.com/question/3161471

Outline and describe the main types of Communication in your own words. Give one practical example for each type to support your discussion.​

Answers

Answer:

There are four main types of communication: verbal, nonverbal, written, and visual.

1. Verbal communication involves the use of words to convey a message. This can be done through spoken or written language. Verbal communication can be formal or informal, and it is often used in face-to-face conversations, meetings, presentations, and interviews. A practical example of verbal communication is a teacher giving a lecture to a classroom full of students.

2. Nonverbal communication involves the use of body language, facial expressions, and other nonverbal cues to convey a message. This can include gestures, eye contact, posture, and tone of voice. Nonverbal communication is often used in conjunction with verbal communication to reinforce a message or convey meaning. A practical example of nonverbal communication is a job interview, where the interviewer may use body language to convey their interest or disinterest in a candidate.

3. Written communication involves the use of written words to convey a message. This can include emails, memos, reports, and letters. Written communication is often used in business and academic settings, where a permanent record of the communication is required. A practical example of written communication is a business proposal that is sent to a potential client.

4. Visual communication involves the use of images, graphics, and other visual aids to convey a message. This can include charts, diagrams, videos, and photographs. Visual communication is often used in advertising, marketing, and design, where visual impact is important. A practical example of visual communication is a billboard that advertises a new product.

In summary, each type of communication has its own strengths and weaknesses, and they are all important in different contexts. Effective communication requires a combination of these four types, depending on the situation and the message that needs to be conveyed.

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