Mendrisio Company purchased a piece of machinery for $30,000 on January 1, 2019, and has been depreciating the machine using the sum-of-the-years'-digits method based on a five-year estimated useful life and no salvage value. On January 1, 2021, Mendrisio decided to switch to the straight-line method of depreciation. The salvage value is still zero and the estimated useful life is changed to a total of six years from the date of purchase. Ignore income taxes.

Requirements:

a. Prepare the appropriate journal entry (if any) to record the accounting change (include the account and the dollar amount; no abbreviations!)
b. Prepare the journal entry to record depreciation for 2018.

Answer:

The benefit of buying bonds is to get people out of jail,or for use of other purposes such as a car bond or just a normal bond .A bond is like a loan basically.

Interest : After solving the problem the Lee will receive $23,454.25. at the end of 6 years.

Interest is the cost of borrowing money, or the income earned from lending money. It is expressed as a percentage rate, which represents the amount of money (called interest) paid relative to the amount of money borrowed (called the principal). Interest is a necessary part of any loan or credit agreement. It is the price paid for the use of money over time.

At the end of 6 years, Lee will receive $23,454.25. This is calculated by using the formula A = P(1 + r/n)^nt,
where A is the future value,
P is the principal amount,
r is the annual interest rate,
n is the number of times the interest is compounded, and
t is the number of years.
In this case, P = $16,000, r = 0.08 (8%), n = 4 (quarterly), and t = 6. Plugging those values into the equation, we get A = $16,000(1 + 0.08/4)^4*6 = $23,454.25.

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A general view from the leadership, internal and external communication with stakeholders has been provided

Leadership:

Efficient leadership necessitates setting a definitive vision, encouraging and motivating personnel, and making judicious decisions when required. A successful leader should succinctly verbalize the vision and objectives of the organization and guarantee that employees comprehend their positions in attaining those aims.

Interior communication with stakeholders pertains to communication within an institution with staff, superior executives, and additional internal stakeholders. Successful internal communication can facilitate aligning the visions and aspirations of the corporation and guaranteeing that everybody is progressing towards common ambitions.

External communication with stakeholders:

External communication with stakeholders alludes to communication with purchasers, vendors, financiers, and other external parties. Effective external communication can promote constructing associations with these stakeholders, embellish the standing of the establishment, and elevate customer gratification.

Certain obstructions to productive communication can affect the capability of leaders to communicate effectively with stakeholders. These impediments involve speakers barriers, cultural differences, physical detachment, and technological issues. Other hindrances consist of inadequate trust, deficient listening aptitudes, and indefinite or ephemeral messages.

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Managers must be committed to making decisions in accordance with core values such as honesty, integrity, respect for others, taking responsibility for their actions and being accountable for them. To be an effective, ethical leader, managers must learn how to spot ethical issues in their organization.

Social responsibility is a business's duty to make ethical decisions that positively impact society. Organizations need to consider how their actions affect communities to create long-lasting trusting relationships. In order to be socially responsible, companies must strictly follow their codes of ethics.

Answer: Find out what consumers want to buy.

Explanation: a.p.e.x

Producers use market research in order to know what the consumers want to buy

The goods or products which are made to sale for consumers by an individual or company are known as producers.

The research which is made to know the consumers needs and preferences to further make the better and improved product or service.

Consumers are group of people or an individual who purchases goods or use the services provided by producers.

Hence, option D is the correct answer

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Answer:

Open your web browser.

Type your query in the search bar. ...

Press Enter on your keyboard Enter your search string in the text box. ...

Run the search.

Hope I am right... I didn't quite understand the question so please forgive me if I am wrong.

Explanation:

Creative and innovative ideas. They discovered that they could ride bikes without exerting any more effort when the motorcycle was invented because all they needed to do was click a switch, and it would start on its own. In this case, creativity refers to the idea of creating a new touring motorcycle, while innovation refers to its actual invention.

People strive to become more innovative and creative so they can observe the world from new perspectives and come up with ideas to change or add to it. They must be employed consciously in order to produce anything useful or genuine ideas because they are active traits.

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The opportunity cost of computer chip production (in terms of bags of potato chips/computer chip) is 1.33 bags of potato chips.

Opportunity cost is the cost of forgoing the next-best alternative when making a decision. It is the cost of the most desirable lost alternative when an individual chooses one option over another. Opportunity cost is an economic concept that helps to measure the cost of any decision by evaluating the potential benefits of the next best alternative that is given up when a decision is made. Opportunity cost can be evaluated both in terms of money and time, as well as in terms of the expected value of each activity.

This is because for every one computer chip produced, Ned must give up 1.33 bags of potato chips in order to produce it. This means that the opportunity cost of computer chip production is 1.33 bags of potato chips for every computer chip produced.

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Answer:

The main requirement is that it should meet the requirement of the customer.

Explanation:

DoD stands for the Department of Defense. A defense contract is any individual or firm or corporation or association that enters in to a contract with the DoD directly to furnish.

Before when a non Dod contract or order is placed, it is necessary to check the requirement on the evaluation of a non dod order or a contract to be in the best interest of a dod contract which includes the following factors to be considered : schedule, satisfying customer requirements, cost effectiveness, contract administration and price.

Answer:

The hypothetical constant-benefit payment is $51,481.38.

Explanation:

This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * [{1 - [1 / (1 + r)]^n} / r] …………………………………. (1)

Where;

PV = Present value accumulated retirement benefit = $500,000

P = Annual hypothetical constant-benefit payment = ?

r = investment return = 6%, or 0.06

n = life expectancy = 15

Substitute the values into equation (1) and solve for P, we have:

$500,000 = P * [{1 - [1 / (1 + 0.06)]^15} / 0.06]

$500,000 = P * [{1 - [1 / 1.06]^15} / 0.06]

$500,000 = P * 9.712248987741

P = $500,000 / 9.712248987741

P = $51,481.38

Therefore, the hypothetical constant-benefit payment is $51,481.38.

Answer:

The difference between your assets and your liabilities is known as either your profit or loss.

Answer:

assets are things that you might need, or are more important. Liabilities are things that are extra.

Explanation:

All of the aforementioned statements regarding the career agency distribution system are correct except: Personal producing general agents (PPGAs) are commonly hired to manage career agencies.

An agency can be defined as the ability of an individual to identify valued goals, priorities and desired outcomes, so as to enhance the purposeful pursuit of those goals and desired outcomes proactively, efficiently and effectively.

A career agency distribution system can be defined as a type of distribution system that typically involves an insurance company making use of its own commissioned agents, in order to sell and deliver insurance policies.

In conclusion, a career agency distribution system is the most common system that is used for distributing individual life insurance products.

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Complete Question:

All of the following statements regarding the career agency distribution system are correct EXCEPT:

It uses agents who primarily if not exclusively represent one insurer.

Personal producing general agents (PPGAs) are commonly hired to manage career agencies.

There are two types, the general agency system and the managerial system.

The managerial form of career agency system uses company employees as the agency managers.

Answer:

Get a job, spend less money and only get things you need. Or you can file for government assistance.

Explanation:

Answer: You must deduct a bad debt in the year it becomes worthless. If you realize you could have reported and taken a deduction for an unpaid debt years ago but didn't, you generally have only three years to amend your return in order to claim it on your tax return.

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The issue with the sentence is that : The sentence is grammatically correct, but it is unclear what "these exports" refer to

The sentence is grammatically correct, but it is unclear what "these exports" refer to. To improve clarity, the sentence should be revised to provide more context or specificity about the exports in question.

For example: "The report applies to western Europe, where people are interested in buying cars from Japanese manufacturers."

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When I notice aftershave or perfume on sale in a grocery shop, these are my impressions of its quality:

Following are some ways in which the aforementioned viewpoint alters the perfume or aftershave offered for sale in a high-end department store:

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Answer: they should be loaded on the tool bar  

Explanation:

for quick and easy access  

Answer:

Firms differ in fundamental ways because each firm possesses a unique bundle of resources

Explanation:

The resource-based view can be regarded as managerial framework utilized in finding strategic resources that can be exploited by a firm so that sustainable competitive advantage can be achieved. It should be noted that the underlying premise of the resource-based view is that Firms differ in fundamental ways because each firm possesses a unique bundle of resources

A stable process is characterized by no variation over time in output, no defects in the output, a high volume of outputs, and motivated workers. Achieving a stable process requires a focus on quality, productivity, and employee engagement.

By implementing control charts, quality control measures, statistical process control techniques, and other tools, organizations can achieve a stable process that delivers consistent, high-quality results.

A stable process has no variation over time in output. It means that the process can be accurately repeated to achieve consistent results. This can be achieved by implementing control charts to identify and control the variability of the process. If the process is stable, then it will produce consistent and predictable output. This is important because it ensures that customers receive a consistent level of quality in the product or service.
A stable process also has no defects in the output. The quality of the output is consistently high and free of defects. This can be achieved by implementing quality control measures and using statistical process control techniques to monitor and control the quality of the output. This helps to ensure that the customer receives a high-quality product or service.
A stable process also has a high volume of outputs. This means that the process can produce a large number of outputs efficiently and effectively. This can be achieved by optimizing the process and eliminating waste. This helps to improve productivity and reduce costs, which can lead to increased profitability.
Motivated workers are also important for a stable process. Motivated workers are more likely to take pride in their work and strive to improve the process. This can lead to increased efficiency, productivity, and quality. Motivated workers can also help to reduce turnover and absenteeism, which can improve overall productivity.
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The best way to apply the principles of self-management daily is by creating a to-do list for accomplishing your goals.

Self-management is a term that refers to the use of any method, skill, and strategy in an autonomous way focused on the achievement of its objectives.

Self-management requires that the person have control over all processes to achieve a goal. Therefore, it must be in charge of the following processes autonomously:

To achieve a goal the person must work daily to achieve it, therefore, the best option would be to create a list of pending activities (focused on the objective) and carry them out in a complete and organized way. According to the above, the correct answer is C. because it poses the best alternative for a person's self-management.

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Answer:

11.51 %

Explanation:

The computation of the interest rate is shown below:

As we know that

Amount = P (1 + rate)^number of years  

$325,000 = $51,000 (1+r)^17

(1+r)^17 = $325,000 ÷ $51,000

(1+r)^17 = 6.372549

(1+r) = (6.372549)^1 ÷ 17

1 + r = 1.115097

r = 1.115097 - 1

r = 0.115097

= 11.51 %

Answer:

Dec. 31

Dr Amortization Expense $21,000

Cr Copyright $21,000

Dec. 31

Dr Amortization Expense $11,750

Cr Patent $11,750

Dec. 31

No entry

Explanation:

Preparation of all adjusting entries at December 31 to record amortization required by the events.

Dec. 31

Dr Amortization Expense $21,000

Cr Copyright $21,000

($126,000/6)

(To record amortization of copyright)

Dec. 31

Dr Amortization Expense $11,750

Cr Patent $11,750

(To record amortization of patent)

Dec. 31

No entry

(To record amortization of goodwill)

Calculation for 2020 amortization

First step is to calculate the Annual amortization

Annual amortization = $56,400/4

Annual amortization= $14,100

Now let calculate 2020 amortization

2020 amortization = $14,100 x 10/12

2020 amortization= $11,750

If the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not impact the socially efficient level of pollution. The level is still determined by equating Marginal Damage with the Aggregate MAC.

To graph each function, we can plot MAC1 and MAC2 on a graph with the quantity of emissions (E) on the x-axis and the marginal abatement cost (MAC) on the y-axis.

For MAC1: MAC1 = 100 - 10E

For MAC2: MAC2 = 50 - 10E

To compute the aggregate MAC curve, we add the individual MAC curves together. So, Aggregate MAC = MAC1 + MAC2.

Aggregate MAC = (100 - 10E) + (50 - 10E) = 150 - 20E

Now, let's calculate the socially efficient equilibrium by setting the Marginal Damage (MD) equal to the Aggregate MAC.

MD = Aggregate MAC

30E = 150 - 20E

Simplifying the equation, we get:

50E = 150

E = 3

Therefore, the socially efficient equilibrium occurs when the quantity of emissions (E) is 3.

Now, let's calculate the net social costs of the policy when the government sets the pollution level at four units.

Net social costs = Aggregate MAC - MD

Net social costs = (150 - 20(4)) - (30(4))

Net social costs = 110 - 120

Net social costs = -10

The net social costs of this policy would be -10, indicating a net benefit to society.

If a technological change occurs that reduces the marginal costs of abatement for polluter 1 to that of polluter 2, it means that MAC1 will become equal to MAC2.

Setting MAC1 equal to MAC2:

100 - 10E = 50 - 10E

Simplifying the equation, we find that E can have any value, as both sides are equal.

Graphically, this change would mean that MAC1 and MAC2 become parallel lines on the graph, with the same slope and intercept. The socially efficient level of pollution would still be determined by equating MD with the aggregate MAC.

In conclusion, if the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not affect the socially efficient level of pollution. The socially efficient level is still determined by equating the Marginal Damage with the Aggregate MAC, regardless of the marginal costs of individual polluters.

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Answer:

4.93%

Explanation:

For computing the yield to maturity we need to apply the RATE formula i.e to be shown in the attachment below:

Provided that,  

Present value = $1,046.487

Future value or Face value = $1,000  

PMT = 1,000 × 5.524% ÷ 2 = $27.62

NPER = 10 years × 2 = 20 years

The 10 years is come from

= May 2029 - May 2019

= 10 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after applying the above formula,

The yield to maturity is

= 2.46% × 2

= 4.93%

An individual pays for service rendered so when someone buys something on the menu, what are they paying for service.

A service charge is the amount an individual pays for a service that is been rendered.

It could be a product that is purchased or workdone and the amount is computed and paid for.

Therefore, When someone buys something on the menu, what are they paying for service.

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The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.

Total Cost = Quantity * Cost per pound

Total Cost = 1,000 pounds * $0.11/pound

Total Cost = $110

Spoilage Quantity = 3% of Quantity

Spoilage Quantity = 3% of 1,000 pounds

Spoilage Quantity = 0.03 * 1,000 pounds

Spoilage Quantity = 30 pounds

Effective Quantity = Quantity - Spoilage Quantity

Effective Quantity = 1,000 pounds - 30 pounds

Effective Quantity = 970 pounds

Makeup Rate = 180%

Selling Price per pound:

= (Total Cost * Makeup Rate) / Effective Quantity

= ($110 * 1.80) / 970 pounds

= $2.03505/pound.

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The decision to share feedback about a manager should be based on a careful evaluation of the potential impact and one's own personal values and goals.

Sharing negative feedback about a manager can be a delicate situation, especially when it may affect the manager's performance review and future career opportunities. Before deciding whether to share the thoughts with the manager's manager, it is important to consider the potential consequences and benefits of doing so.

If the feedback is constructive and could help the manager improve their leadership skills, it may be worth sharing with the manager's manager in a tactful and respectful manner. However, if the feedback is solely based on personal opinions and could harm the manager's reputation or career prospects, it may be best to keep those thoughts to oneself.

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Answer:

A

Explanation:

The main risk posed by pests when it comes to food is that of d. Biological contamination

Pests are very bad for food because:

Fetal contamination and bacterial (pathogenic) infections are examples of biological contamination.

We can therefore conclude that pests are more likely than not, to pose a risk of biological contamination.

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Answer:

The answer is $304,000

Explanation:

Barber's ending equity is:

Barber's beginning partnership capital balance for the current year plus share of partnership net income minus Barber's withdrawal

Barber's beginning partnership capital balance for the current is $314,000

Share of partnership net income

= $152,000 /2

= $76,000

Barber's withdrawal = $86,000

Therefore, Barber's ending equity is

$314,000 + $76,000 - $86,000

= $304,000