The cash and cash equivalents for Lester Corporations will be $57033 as per the given trial balance
Cash equivalent refers to the most liquid assets available with the company that can be converted into cash within a very short period of time. Cash equivalent includes tradable financial instruments, accounts receivable, etc.
The calculation for cash and cash equipment is shown below.
Particulars Amount ($)
Currency and coins 733
Add: Balance in checking account 50,000
Add: Customer checks waiting to be deposited 3,300
Add: Commercial paper, purchased on 11/2/2022, mature on 4/30/2023 3,000
Cash and cash equipment $57033
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One of the major trends in the lodging sector is that organizations are becoming more international.
O False
O True
Mark this and return
Save and Exit
Nex
Subm
Which person used a cost-saving strategy when deciding how to spend their money?
a. when selecting a new tablet, Rosita carefully read about the features of each model.
b. when purchasing a new jacket, Thao chose the one that was manufactured locally.
c. when choosing which coffee to buy, Ivan chose the brand with the "fair trade" label.
d. when buying a used dirt bike, Fabian negotiated with the seller to get a better deal.
will give brainliest!
The person who used a cost-saving strategy when deciding how to spend their money is the Fabian who negociated with the seller to buy a used dirt bike to get a better deal.
What is cost-saving stategy?The strategy in which we analysis the basic requirements which are necessary and on which minimum cost can be made in a business
What is a dirt bike?The bikes which are generally used in dirts to have races or to have friction with the roads with dirts.
Hence, option D is the correct answer
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Which phrase describes insurance co-pays?
Coinsurance is a way of saying that you and your insurance carrier each pay a share of eligible costs that add up to 100 percent. For example, if your coinsurance is 20 percent, you pay 20 percent of the cost of your covered medical bills. Your health insurance plan will pay the other 80 percent.
What are the dangers associated with having a high national debt?
Answer:
Explanation:
Lower income and economic opportunities for the people. Might lose investors and business opportunities.
What should investors consider when planning for their retirement? Check all that apply. -the amount an employer will match for a 401(k) -the contributions an employer will make to an IRA -the ideal age to establish a particular retirement plan -the amount an investor is allowed to contribute annually -the tax laws and breaks related to different retirement plans -the amount that can be withdrawn early without getting taxed
In a 401k the employer usually matches a percentage and if you are lucky dollar for dollar, where in an IRA it is does an an extra option with a set amount of money usually 2500 or more for each IRA contribution.
Correct option is A, C, D and E.
1. The amount an employer will match for a 401(k):- you don't have to forget when you will need the money, retirement is years away, but you have to know what choices will make it worth by the time you need the money back. And it is also important to know really how much you can invest. When you have a large amount more options are available. But using a variety of investments will reduce the risk.
3. The ideal age to establish a particular retirement plan:- that will set you up for the plan you need. Below 50 or older.
4. The amount an investor is allowed to contribute annually, the federal law allows a maximum contribution for participants older than 50.
5. The tax laws and breaks related to different retirement plans:- retirement plans can often give you tax benefits in the present it depends to the one you choose. For example, the payment of the tax on the money deposited in a traditional 401 (k) plan can be delayed until the money is withdrawn from the account.
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Answer:
A,C,D,E
Explanation:
I did it and this was correct.
If an asset is sold at the end of its first year of use, which depreciation method would result in the highest amount of gain (or lowest amount of loss) assuming the asset is used fairly evenly over its life? Straight-line
Double-declining-balance
Activity-based Not enough information to determine
Not enough information is provided to determine which depreciation method would result in the highest amount of gain (or lowest amount of loss) if the asset is sold at the end of its first year of use.
The depreciation method used would depend on various factors such as the nature of the asset, its expected useful life, salvage value, and the company's accounting policies.
Additionally, the gain or loss on the sale of the asset would also depend on the sale price and the carrying value of the asset on the balance sheet at the time of the sale.
Therefore, without additional information, it is not possible to determine which depreciation method would result in the highest amount of gain (or lowest amount of loss).
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The law of demand relates primarily to which of the following?
A
the actions of producers in response to changes in prices
B
the actions of producers in response to changes in production costs
C
the actions of consumers in response to changes in prices
D
the actions of consumers in response to changes in production costs
The law of demand relates primarily to the actions of consumers in response to changes in prices. Thus option (C) is correct.
What is demand?A demand of a product or a commodity is how much a consumer is willing and able to pay for a product at a given time.
The law of demand states the relationship between price and quantity demanded, ceterus paribus. It states that when the price of a product increases its demand decreases, other things remaining constant and vice versa.
The graphical representation of the law of demand is known as demand curve . When the tuition fees of a college falls then the demand for college enrollment will rise.
The law of demand relates primarily to the actions of consumers in response to changes in prices. Therefore, option (C) is correct.
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All of the following are tools typically used to achieve cost-leadership EXCEPT:
A. Controlling the cost of inputs.
B. Leveraging economies of scale.
C. Offering products that have superior value.
D. Learning by doing.
The answer is:
C. Offering products that have superior value.Cost-leadership is a strategy that focuses on producing and selling products at the lowest possible cost, which can be achieved by controlling the cost of inputs, leveraging economies of scale, and learning by doing. Offering products with superior value may increase the cost of production and pricing, making it difficult to maintain cost-leadership.
About valueValue is a belief or value held by a group of individuals and becomes a guide or guide in behaving. In other words, values are important values in humans that determine the way we interact with others, both in everyday life and in the world of work.
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Which early-warning signal in the borrower's financial statements involves current assets? O Deterioration in borrower's cash position O Rapid changes in borrower's fixed asset concentrationsO Significant increase in borrower's intangible assetsO High and increased financial leverage of borrower
The early-warning signal in a borrower's financial statements that involves current assets is the a) deterioration in the borrower's cash position.
Current assets are those that are expected to be converted into cash within a year, and a decline in cash can indicate that the borrower is struggling to meet its short-term obligations.
This can lead to difficulty in paying bills, repaying loans, and investing in new projects. Monitoring a borrower's cash position can therefore provide important information about its financial health and potential risk of default.
Lenders and investors should keep a close eye on a borrower's cash flow statement to identify any changes in cash position and take appropriate actions to mitigate risk.
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difference between financial markets and financial institutions
Answer:
The financial market is divided between investors and financial institutions. The term financial institution is a broad phrase referring to organizations which act as agents, brokers, and intermediaries in financial transactions.
Which savings account will earn you the most money?
1.One that earns simple interest monthly.
2.One that compounds interest daily.
3.One that earns simple interest daily.
4.One that compounds interest monthly.
Answer:
one that earns simple interest daily
The savings account that earn you the most money is: 3.One that earns simple interest daily.
Savings account is an account that enables you to save while you earn interest on the amount saved reason being that saving account is an interest earning account.
A saving account that gives you simple interest daily is the best as it will enable to accumulate more interest.
Therefore the savings account that earn you the most money is: 3.One that earns simple interest daily.
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gap clothing stores sell primarily what type of products? a. convenience b. shopping c. unsought d. nondurable e. specialty
The correct response is b. shopping. Gap clothing stores primarily sell shopping products. The clothing at GAP is of high quality. Their jeans have been a part of my wardrobe for seven years, and during that period, I've worn them frequently and washed them at least twice a month. They have
Don's inability to find a pair of jeans that fit him well served as the company's motivation. According to Gap, Inc., the term "Gap" refers to the "generation gap" between what was available in the retail sector at the time and what younger customers actually desired from a clothes store. In order to make it simpler to locate a pair of jeans that fit, Gap was established in 1969 with a dedication to doing more. Since then, the company has expanded into seven brands, and our initial resolve to do more has developed into a global aspiration to promote sustainability, inclusion, and equality. Gap's CEO Sonia Syngal revealed a three-year rehabilitation strategy for the company in 2020. Syngal expects Gap to have a reduced share of Gap Inc's entire business by 2023, but remain profitable.
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Which completes the equation?
O + A + Consideration (+______) = K
Legal capability
Legal capacity
Legal corporations
Legal injunction
"Legal capacity" is the final term that completes the equation.
What is the full legal age?What a person is legally capable of doing depends on the rules and regulations of the legal system. It is a fiction with no underlying reality that every legal system uses to establish a relationship with its constituents.
What does the legal competence to contract mean?A party has the legal authority to enter into a contract if they have the capacity to do so. Capability also implies that a person must be legally competent. A person's ability is determined by two factors: whether they are of legal age to enter into contracts and if they are mentally able to do so.
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question 8 fill in the blank: role is when you partner with companies to fill their digital marketing and advertising needs.
The answer for the blank is Agency.
Main answer:
An agency is a business with specific expertise that provides highly specialized services,
There are different kinds of agencies with specialization, such as:
Advertising agency or creative agency: an agency that focuses on creating advertisements to promote a product/service. Employment agency: an agency that finds employees based on the employer's needs & requirements. Government agency: an agency that supports the government's agenda and ensures its success, etc.Therefore, the agency mentioned in the question can be classified as an advertising or creative agency.
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Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Samantha a marketing professional integrates her work with other departments daily. Relate the dependence of marketing on other core functions
Answer:
Marketing is not only much broader than selling, it is not a specialized activity at all. It encompasses the entire business. It is the whole business seen from the point of view of the final result, that is, from the customer's point of view. Concern and responsibility for marketing must therefore permeate all areas of the enterprise
Explanation:
Like any other marketing professional her marketing makes a huge impact on her other functions.
Answer:.
Explanation:
A company's value chain Multiple choice question. is not analytically useful if it is a non-manufacturing company. includes only the company's supply chain management activities that add value for customers. includes only the primary activities that the company performs. identifies the company's internal activities that create value for customers.
Answer:
identifies the company's internal activities that create value for customers.
Explanation:
A value chain is a business model that shows the activities in the full range required for developing the product or service. Here the motive of value chain analysis is to rise the production efficiency so that the company is able to delivered the maximum value at the lesser cost
Also, it identified the internal activities of the company that could develop and add the value to the customers
What is total amount spent on wages and salary before any tax is being taken? [those ernings above £40000 are paying 40% income tax on income tax over £40000 and 20% on anything below £40000
Answer: hello your question is open ended hence I will give you a more general answer
answer : $12,000 * number of workers or $24,000 * number of workers
Explanation:
Income taxes are taxes been levied directly on the income earned by the tax payer.
According to Tax rules there is a certain amount of income an individual would have to earned before any tax will be taken, incomes below $12,000 are tax free ( for singles ) and $24,000 for married individuals ; Hence the Total amount spent on wages and salary before tax is being taken = $12,000 * number of workers or $24,000 * number of workers . ( unless otherwise stated )
A computer game that can be purchased online and played right away has good _____utility.
A. Form
B. Information
C. Value
D. Time
this is what i get for missing online lessons haha
Answer:
22.28%
Explanation:
As per the pie chart
Variable costs: £2,150.00
Fixed costs £7,500.00
Total weekly costs = variable costs + fixed costs
= £2,150.00 +£7,500.00
=£9,650
Variable costs as a percentage of weekly costs
= £2,150/£9,650 x 100
=22.279792%
=22.28%
If policy makers believe that an inflationary boom is about to begin, the keynesian view indicates that they should.
The Keynesian view indicates that policy makers should take steps to increase taxes and reduce government spending if they believe an inflationary boom is about to begin. This is because Keynesian economics advocates for demand management through fiscal policy rather than relying solely on monetary policy.
In an inflationary boom, the economy is overheated, and prices are increasing at a rate that's unsustainable. Policy makers can use fiscal policy tools such as taxation and government spending to adjust aggregate demand. When demand is too high, taxes can be increased to reduce disposable income and discourage consumer spending. On the other hand, government spending can be reduced to limit aggregate demand.
The goal is to achieve a balance between aggregate demand and supply to stabilize the economy. Keynesian economics emphasizes the role of government intervention in managing the business cycle and maintaining macroeconomic stability. Therefore, policy makers can use fiscal policy tools to prevent an inflationary boom from occurring and maintain price stability in the economy.
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what is your favorite food?
do you love pets?
do you make good grades?
Answer:
Shimp, ehh, yeah
Explanation:
disadvantages for the business for allowing debtors to buy on credit
Answer:
they can be expensive
Explanation:
limits can be low
On January 1, 2025, a company acquired equipment for $140,000. Residual value was estimated to be $25,000. The equipment can be used 75,000 machine hours or a useful life of four years. Actual usage of the equipment was recorded as 12,000 hours for the first year. What is the journal entry for depreciation expense for the first year calculated by the double - declining - balance method?
Depreciation Expense $70,000. Accumulated Depreciation $70,000
To calculate the depreciation expense using the double-declining-balance method, we need to determine the depreciation rate and apply it to the net book value of the equipment each year. The formula for the double-declining-balance method is:
Depreciation Rate = (2 / Useful Life) * 100%
In this case, the useful life is four years, so the depreciation rate would be:
Depreciation Rate = (2 / 4) * 100% = 50%
Now, let's calculate the depreciation expense for the first year:
: Calculate the net book value at the beginning of the first year.Net Book Value = Cost of Equipment - Accumulated Depreciation
Given that the cost of the equipment is $140,000 and there is no accumulated depreciation in the first year, the net book value at the beginning of the first year is $140,000.
Calculate the depreciation expense for the first year.Depreciation Expense = Depreciation Rate * Net Book Value
Depreciation Expense = 50% * $140,000 = $70,000
Now, let's create the journal entry for the depreciation expense for the first year:
Date: December 31, 2025
Depreciation Expense $70,000
Accumulated Depreciation $70,000
This entry records the depreciation expense for the first year using the double-declining-balance method. The Accumulated Depreciation account is increased by $70,000, representing the portion of the equipment's cost that has been allocated as depreciation.
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According to the concept of the invisible hand, what emerges due to the self-interested
choices of buyers and sellers in a free market?
Answer: The invisible hand is a metaphor for how, in a free market economy, self-interested individuals can promote the general benefit of society at large.
Compare two similar companies or products based on their consumers (audience), costs, communications (customer service), and convenience (relevance). When you are finished comparing, explain which product is better for people like yourself.
Answer:
i need this too
Explanation:
What’s the difference between a brand name and a private title
Answer:
Private brands tend to be cheaper than name brand goods
Explanation:
Fill in the blank. Those who borrow money are on the______________________ the financial market.
A. Price side
B. Supply side
C. Control side
D. Demand side
Answer:
Demand side
Explanation:
prime factorization of 1624
Answer:
1624 = 2, 4, 8, 7, 56, 29, 1624 divided by 2, 2, 2, 7, 29
Explanation:
start by dividing the number by the first prime number which is 2.and continue dividing. only can divide by prime numbers since it's prime factorization.
In Year 1, Kane's residence had an adjusted basis of $250,000 and it was destroyed by a tornado (in a federally declared disaster area). An appraiser valued the decline in market value at $425,000. Later that same year, Kane received $200,000 from his insurance company for the property loss and did not elect to deduct the casualty loss in an earlier year. Kane's Year 1 adjusted gross income was $100,000. What total amount can Kane deduct as a Year 1 itemized deduction for casualty loss, after applying any limitations?
Answer:
The total amount that Kane can deduct as a Year 1 itemized deduction for casualty loss is $39,900.
Explanation:
According to the Internal Revenue Service (IRS), Disaster Area Losses in a federally declared disaster refers the occurrence of a disaster in an area that the President has declared to be eligible to enjoy federal assistance under the Robert T. Stafford Disaster Relief and Emergency Assistance Act.
Since Kane's residence falls into the category of personal-use property or it is not totally destroyed, the amount of loss of the property is the lesser of the adjusted basis of the residence, $250,000, and the decline in market value determined by the appraiser, $425,000. Based on this, the amount of loss of the residence is $250,000.
The total amount that Kane can deduct as a Year 1 itemized deduction for casualty loss can therefore therefore be calculated as follows:
Particulars Amount ($)
Loss amount 250,000
Amount from insurance (200,000)
Loss of the Taxpayer's 50,000
Deduct $100 (100)
Eligible Loss 49,900
Limitation of 10% annual gross income (10,000)
Loss to be deducted 39,900
Therefore, the total amount that Kane can deduct as a Year 1 itemized deduction for casualty loss is $39,900.