Greek Peak is a ski resort in upstate New York. The company sells lift tickets, ski lessons, and ski equipment. It operates several restaurants and roots Townhouse to vacationing skiers the following hypothetical December transactions are typical of those that occur at the resort.
a. Borrowed $640,000 from the hank on December 1, signing a note payable due in six months.
b. Purchased a new snowplow for $14,750 cash on December 31.
c. Purchased ski supplies for 517,800 on the account.
d. Incurred $26,900 in routine maintenance expenses for the chairlifts paid cash.
e. Received $74,000 for season passes (beginning in the new year).
f. Daily lift passes were sold this month for a total of $97,200 cash.
g. Received a $750 deposit on a Townhouse to be rented for five days in January.
h. Paid half the charges incurred on account in (c).
i. Paid $26,500 in wages to employees for the month of December.
1. Prepare accrual basis journal entries for each transaction.
2. Calculate the company's preliminary net income

Answer:

C : All costs can be classified as either variable or fixed with reasonable accuracy

Explanation:

Cost volume profit analysis (CVP) makes the following assumptions when it is used to determine how any change in costs can affect income:

Answer:

Today SIPRI estimated that global military expenditure in 2015 was $1676 billion, about 2.3% of the world's total Gross Domestic Product (GDP). Such high levels of spending frequently raise concerns as to the 'opportunity cost' involved in military spending—the potential civilian uses of such resources that are lost.

Explanation:

Hope this helps. Have a nice day!

This question involves accounting for a business combination where company P acquires 80,000 ordinary shares of company S by paying cash and issuing its own shares.

The market value of P's shares is given, and financial information for S is provided to calculate the goodwill arising from the acquisition using the proportionate method, which involves calculating the fair value of net assets acquired and comparing it to the consideration paid.

In part (a), the accounting treatment of goodwill in the consolidated financial statements of the P group is also required. Goodwill is an intangible asset that arises when the consideration paid for an acquisition exceeds the fair value of the identifiable net assets acquired. In consolidated financial statements, goodwill is initially recognized as an asset and subsequently tested for impairment.

The impairment test involves comparing the carrying amount of goodwill to its recoverable amount, which is the higher of its fair value less costs of disposal and its value in use. Any impairment losses are recognized in the income statement.

Part (b) requires calculating the non-controlling interest, which represents the portion of S that is not owned by P. This is calculated by multiplying the post-acquisition profit or loss of S by the non-controlling interest percentage.

Finally, part (c) requires making consolidation adjustments to reflect the cancellation of intra-group balances. This involves eliminating any intra-group balances and transactions between P and S to avoid double counting of assets and liabilities in the consolidated financial statements.

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The government use the money for purposes of Government Spending.

Government expenditure is the amount of money allocated by the public sector for the purchase of products and the delivery of services, such as defence, social protection, healthcare, and education.

All government purchases, investments, and transfer payments are included in what is known as government spending or expenditure. Governments can manufacture and purchase products and services through public spending in order to achieve their goals, such as the provision of public amenities or the transfer of resources.

Government spending is the term used to describe expenditures made by the government to accomplish particular goals, such as creating and supplying public goods.

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Answer:

d. not selected option d mandatory bargaining items

Explanation:

Since in the question it is mentioned that the Gary Wheeler discussed that the union could negotiate with the company for the wages purpose so here the wages could be classified as mandatory bargaining items as these are items that are for collective bargaining here the party could bargain over the other party i.e. introduced by them

Therefore as per the given situation, the option d is to be selected

Outsourcing suppliers can frequently give economies of scale, particularly for equipment and programming, that may not be accessible to the client alone. The advantage does this proposition is an associated reduction in costs.

The option (B) is correct.

Outsourcing suppliers is an organization to which the enterprise subcontracts an errand completed by qualified workers in situations where the association and the organization of accomplices have concurred in the concurred sum that the organization would give occupations to current qualified competitors substantiating that endeavor for the organization.

Utilizing a third coordinated factors (3PL) firm to screen, redesign, and smooth out the store network is alluded to as re-appropriating the inventory network of the executives. A fixed cost is a repetitive cost with a steady worth. The degree of result or income no affects fixed costs.

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Answer: credit CARD act

Hope this helps!!!

A) Fair and Accurate Credit Transaction Act

Collective bargaining is the process in which working people, through their unions, negotiate contracts with their employers to determine their terms of employment, including pay.

Collective bargaining benefits, hours, leave, job health and safety policies, ways to balance work and family, and more.Collective negotiation is classified into five types: composite negotiating, concessionary bargaining, distributive bargaining, integrative bargaining, and productivity bargaining. Convertible preferred rates are greater than non-convertible preferred yields. A non-convertible preferred shareholder receives a set rate of return with no opportunity for expansion. Important Takeaways. Convertible preferred stock can be converted into common stock at a predetermined conversion ratio. When the market price of the company's common stock increases above the conversion price, preferred stockholders may find it desirable to convert and earn an instant profit. Distributive negotiation, integrative negotiation, team negotiation, and multiparty negotiation are some of the most popular.

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Answer:

30%

Explanation:

The computation of the profit margin is shown below:

Given that

Net income earned for the month of October = $3,000

And, the net sales for the month of October is $10,000

Based on the above information, the profit margin is

= Net income ÷ Net sales

= $3,000 ÷ $10,000

= 30%

By dividing the net income from the net sales we can get the profit margin and the same is to be considered

Answer:

30%

Explanation:

quick math

It is to be noted that the area of producer surplus (PS1) when the market price is $5. is indicated in the attached graph. The new demand curve and the new area of producer surplus are also drawn and identified therefin.

As a result of the lower price, the producer surplus is: fallen by less than $40.

The difference between the amount the producer is willing to supply items for and the actual amount he obtains when he does the deal is known as producer surplus. Producer surplus is a metric of producer well-being.

The computation for the producer surplus is give as follows:

For PS1 = 0.5 (9-5)(40)

= $80

PS2 = 0.5(7-4)(30)

=$45

Hence,

Fall in Producer surplus = $80-$45

PS = $35

Thus, it is correct to state that PS < $40.

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Answer:

It allowed pre-emptive identification of problems to minimize the impact on customers.

A. Terminal value: $10,000.

B. Coupon rate: 10%.

C. Maturity period: 10 years.

D. Yield to maturity: Approximately 12%.

E. Bond value: The sum of the present value of coupon payments and the present value of the face value at maturity.

A. The bond's terminal value is equal to its face value, which is $10,000. This represents the amount that the bondholder will receive at maturity.

B. To determine the coupon rate, we divide the annual coupon payment by the face value of the bond and multiply by 100%. In this case, the annual coupon payment is $1,000 and the face value is $10,000.

Coupon Rate = ($1,000 / $10,000) * 100% = 10%

C. The maturity period of the bond is given as 10 years. This means that the bond will reach its full term and the bondholder will receive the face value of $10,000 at the end of the 10-year period.

D. The yield to maturity (YTM) is the total return anticipated on a bond if it is held until it matures. It is the internal rate of return (IRR) of the bond's cash flows. Calculating the YTM requires finding the discount rate that equates the present value of the bond's cash flows to its current market price. In this case, the bond's coupon payments are $1,000 per year for 10 years, and the terminal value is $10,000.

Using a financial calculator or spreadsheet software, we can find that the yield to maturity is approximately 12%.

E. To determine the value of the bond, we need to calculate the present value of the bond's future cash flows. The cash flows consist of the annual coupon payments of $1,000 and the terminal value of $10,000. We discount these cash flows back to the present using the yield to maturity as the discount rate.

Using a financial calculator or spreadsheet software, we can calculate the present value of the cash flows. The value of the bond is the sum of the present values of the coupon payments and the present value of the terminal value.

Assuming a 12% yield to maturity, we find that the value of the bond is approximately $10,000, which is equal to its face value. This indicates that the bond is trading at par value, as the market price matches its face value.

It's important to note that bond valuation can be more complex when considering factors such as market conditions, risk, and different compounding periods for coupon payments. The provided calculation assumes an annual coupon payment and a simple discounting method using the yield to maturity as the discount rate.

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It's crucial to be respectful and professional while responding to a job application. Read the message carefully and locate the proper contact information before sending an acknowledgment email.

After that, add a salutation and express your gratitude to the person for acknowledging your application. It also expresses your want to speak with them again and further discuss your credentials. If are responding to a recruiter email.

It's crucial to react to job applications promptly and to use the right email templates to let applicants know that you have received their application for a position that is open.

As a result, the significance of the job application are the aforementioned.

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Your question is incomplete, but most probably the full question was.

Responses to your job application what should be included?

Answer:

I think "False" but I'm not sure.

Explanation:

I'm sorry if it's wrong.

Answer:

APR= 7.32%

Explanation:

The APR is computed as shown below:  

Future value = Present value (1 + r/ m)^nm

Future value = 10,000

Present value= 6,000

n=7

m=12

$ 10,000 = $ 6,000 (1 + r / 12 )^12 x 7

$ 10,000 = $ 6,000 (1 + r / 12 )^84

($ 10,000 / $ 6,000)^ 1 / 84 - 1 = r / 12

1.006099786 - 1 = r / 12

0.006099786 x 12 = r

r=0.006099786 x 12

r = 7.32%

APR= 7.32%

Answer:

cost of goods sold will be overstated

Explanation:

An inventory turnover can be defined as a measure of the amount of times an inventory is used or sold by an organization at a specific period of time. The inventory turnover is calculated by dividing cost of goods sold by average inventory.

Generally, if ending inventory is understated, cost of goods sold will be overstated because it is typically considered to be an expense.

A periodic system of inventory can be defined as a method of financial accounting, that typically involves updating informations about an inventory on a periodic basis (at specific intervals) as the sales or purchases are being made by the customers, through the use of either an enterprise management software applications or a digitized point-of-sale equipment.

A perpetual inventory system is a type of inventory management that continuously records in real-time the amount of inventory sold or purchased through the use of enterprise software or technological software applications such as a point of sale (POS).

Under a perpetual system of inventory, updates of the journal entry for cost of goods sold or received would include debiting accounts receivable and crediting sales immediately as it is being made or happening. The advantage of the perpetual system of inventory over the periodic system of inventory is that, it ensures the inventory account balance is always accurate provided there are no spoilage, theft etc. Also, the periodic system of inventory is a function of the cost of goods sold.

According to explicit leadership theory, people have preconceived notions about how leaders ought to act and what they ought to do for their followers, hence this claim is untrue.

A leadership theory describes how and why specific individuals take on leadership roles. The focus is on the abilities and behaviors that people can develop to enhance their leadership abilities. Leaders claim that a good leader must possess strong ethics and high moral standards. The outcome will be better the closer they are to their supporters. Additionally, because of their strong bonds, the team members continue to share the leader's inspiration and motivation.

Theories of leadership explain how and why specific individuals become leaders. They emphasize the personality qualities and actions that individuals could do to develop overall leadership skills. One of the top qualities leaders consider as essential for effective leadership is having strong moral convictions and ethics.

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Answer:

1 week

Explanation:

because you didn't know if the employer has seen the mail or not

The statement that the cost of direct labor equals $ 2, 560, 000, given the production budget and the direct labor required, is True .

Wages paid to employees directly related to producing goods or rendering customer services are referred to as direct labor costs. The overall direct labor cost exceeds wages paid by a significant amount.

Direct labor will additionally include any payroll taxes related to those salaries, as well as the cost of any other corporate benefits such as medical, life, and workers' compensation insurance that are paid for by the employer.

The direct labor for the solar company in this regard is :
= Number of hours of direct labor per unit x Direct labor cost x Production budget

= 8 x 32 x 10, 000

= $ 2, 560, 000

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Native advertising can include all οf the fοllοwing except: Independent jοurnalists

Native advertising is a type οf οnline advertising that is made tο fit the lοοk and functiοn οf the platfοrm it is displayed οn, like a website, sοcial media platfοrm, οr mοbile app. Native ads, οn the οther hand, are frequently incοrpοrated seamlessly intο the platfοrm's cοntent, making them less disruptive and mοre engaging fοr users. This is in cοntrast tο traditiοnal banner ads οr display ads, which are easy tο identify as advertisements.

Spοnsοred cοntent, branded cοntent, and sοcial media pοsts that are marked "spοnsοred" οr "prοmοted" are all examples οf native advertising. Instead οf simply prοmοting a prοduct οr service, these advertisements typically aim tο add value tο the user by prοviding useful infοrmatiοn οr entertainment.

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Native advertising can include all of the following except:

Answer:

During a pandemic everyone and everything is crazy and it hasn't gone very for me at work or at home. I guess that's why they say it's best for you stay home and quaretine for days because of a test that came back positive.

Explanation:

A Proxy Agreement is an FOCI mitigation strategy generally employed by the American government in order to restrict  foreign ownership, control, or influence (FOCI) over United States organizations that work within sensitive commercial areas.

Under a Proxy Agreement, the US firm will organize one or more American citizens to act as proxies and exert the voting powers which are owned by foreign proprietors. In most situations, these proxies are entirely impartial from both the US organization and the international owners.

This particular Proxy Agreement guarantees that foreign holders cannot pursue a direct influence on the US company's functions or decisions. The US government can also make use of the Proxy Agreement for monitoring the compliance with other FOCI impediment techniques being implemented by the same US business.

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Answer:

b.$184,400

Explanation:

Finch Company

                                          April         May                 June

Manufacturing costs*    $157,400      $193,400        $200,500

Payment of April 1/4                            $ 39350

Payment of May 3/4                             $145050

Insurance expense,Depreciation expense , Property tax expense,None of these will be paid in the month of May .

The insurance is paid four times yearly in the first month of the quarter, (i.e., January, April, July, and October).

Depreciation is not paid . It is deducted from the value of the asset.

Property tax is paid once a year in November.

Total Payments in May are   $ 39350 +$145050= $184,400

Choice B is the correct answer.

The 5 reasons for the failure of Direct Marketing efforts are:

Direct marketing can be regarded as a  marketing that relies on direct communication as well as distribution to individual consumers.

This a kind of marketing whereby   no third party such as mass media is required.

however, it is necessary to do follow up which is a  common factor in much of direct marketing.

Hence,  The 5 reasons for the failure of Direct Marketing efforts are:

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Answer: if the reserve ratio is 75 percent, the value of the monetary multiplier is 1.33, meaning that for every dollar increase in reserves, the money supply will expand by $1.33.

Explanation: hope it helps

One key function of marketing that stimulates sales, encourages customer loyalty, and communicates methods of payment is promotion.

Promotion is an integral part of the marketing mix and involves various activities aimed at creating awareness, generating interest, and influencing customers' purchasing decisions.

Through promotional strategies such as advertising, sales promotions, public relations, and direct marketing, businesses can effectively communicate the benefits and value of their products or services to the target audience. This creates a sense of urgency and drives sales by enticing customers to make a purchase.

Moreover, promotions can be designed to foster customer loyalty by offering exclusive discounts, rewards, or loyalty programs. These initiatives not only incentivize repeat purchases but also enhance the overall customer experience, fostering long-term relationships with the brand.

Additionally, promotions often include clear messaging about different methods of payment accepted by the business. By communicating convenient and flexible payment options, such as credit cards, online payments, or installment plans, customers feel empowered and informed about how to complete their transactions.

In summary, promotion plays a vital role in stimulating sales, cultivating customer loyalty, and effectively communicating methods of payment, thereby contributing to the overall success of a marketing strategy.

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In his career explorations class, Navid took personality assessments and he discovered that he is an outgoing person and truly enjoys being around many people. This realization can open up a variety of career options for Navid, as there are many professions that require individuals who are comfortable interacting with large groups of people.

For instance, Navid may consider a career in sales, where he can use his outgoing personality to establish connections with potential clients and close deals. Alternatively, he may pursue a career in public relations, where his ability to build relationships with people can be utilized to promote products or services on behalf of his clients.
Another potential option for Navid is event planning, where his sociable nature can come in handy for organizing events and engaging with attendees. He could also consider a career in teaching or coaching, where his ability to connect with others can help him to motivate and inspire his students or team members.
Overall, Navid's realization about his outgoing personality can be a valuable asset in his career journey, as it can help him to narrow down his options and find a job that is fulfilling and enjoyable for him. By understanding his personality traits, Navid can make informed decisions about his career path and set himself up for success in the long run.

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Answer:

I'd think 40 it looks like an acute angle and acute angles are less than 90 and If you subtract the numbers you have

155-115 = 40