national shops, inc., reported the following amounts on its balance sheet on december 31, 2020: inventory $ 325,000 notes payable 100,000 cash 150,000 common stock 750,000 net property, plant, and equipment 600,000 accounts receivable 30,000 accounts payable 45,000 retained earnings ? compute national's total assets as of dec. 31st.
Answers
The National's total assets as of Dec. 31st are worth $1,105,000
What are assets of the National shops, Inc.?
The assets of National shops, Inc. refer to its resources whose controlled was acquired as a result of past transactions and their benefits are expected to follow to the company over, as a result, its total assets include inventory, cash, net property, plant, and equipment and accounts receivable.
total assets= inventory+ cash+ net property, plant, and equipment+ accounts receivable
inventory=$ 325,000
cash=$150,000
net property, plant, and equipment=$600,000
accounts receivable=$30,000
national's total assets as of Dec. 31st=$325,000+$150,000+$600,000+$30,000
national's total assets as of Dec. 31st=$1,105,000
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Related Questions
what was beachside co.'s total unit selling price? a.$36.80 b.$94 c.$104 d.$92
Answers
Beachside Co.'s Total Unit Selling Price Beachside Co.'s total unit selling price can be calculated using the given information. There are two methods to calculate the selling price for any product.
One is the cost-plus pricing method, and the other is the market-based pricing method. Here, we are using the cost-plus pricing method to calculate the total unit selling price. Based on the cost-plus pricing method, the selling price is calculated as follows:
Selling Price = Cost Price + Mark-up Percentage × Cost Price The given cost price per unit for Beachside Co.'s product is $24.50, and the mark-up percentage is 60%.We can calculate the selling price as:
Selling Price = $24.50 + 60% × $24.50 = $24.50 + $14.70 = $39.20.
Therefore, Beachside Co.'s total unit selling price is $39.20.Option (a) is the correct option. More than 100 words are written above.
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What can a boosted post help an advertiser achieve?
Answers
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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The table shows Chi's cost of producing and selling baskets of apples in a perfectly competitive market at the local farmers' market.
Output Total variable cost Total cost Average variable cost Average total cost Marginal cost
0 $0 $10 - - -
1 5 15 $5.00 $15.00 $5
2 8 18 4.00 9.00 3
3 10 20 3.33 6.67 2
4 11 21 2.75 5.25 1
5 13 23 2.60 4.60 2
6 16 26 2.67 4.33 3
7 20 30 2.86 4.29 4
8 25 35 3.13 4.38 5
9 32 42 3.56 4.67 7
10 41 51 4.10 5.10 9
If the apples sell for $5 per basket, Chi's profit per basket is, using numerals, $_____.Please type the correct answer in the following input field, and then select the submit answer button or press the enter key when finished.
Your answer:
Answers
The profit per basket can be calculated by subtracting the average total cost from the selling price. In this case, the selling price of a basket of apples is $5.
To calculate the profit per basket, we can use the following formula:
Profit per basket = Selling price - Average total cost
Let's calculate the profit per basket for each level of output:
For output level 0:
Profit per basket = $5 - Average total cost at output level 0
Since the average total cost at output level 0 is not provided in the table, we cannot calculate the profit per basket for this level of output.
For output level 1:
Profit per basket = $5 - $15.00
Profit per basket = -$10.00
For output level 2:
Profit per basket = $5 - $9.00
Profit per basket = -$4.00
For output level 3:
Profit per basket = $5 - $6.67
Profit per basket = -$1.67
For output level 4:
Profit per basket = $5 - $5.25
Profit per basket = -$0.25
For output level 5:
Profit per basket = $5 - $4.60
Profit per basket = $0.40
For output level 6:
Profit per basket = $5 - $4.33
Profit per basket = $0.67
For output level 7:
Profit per basket = $5 - $4.29
Profit per basket = $0.71
For output level 8:
Profit per basket = $5 - $4.38
Profit per basket = $0.62
For output level 9:
Profit per basket = $5 - $4.67
Profit per basket = $0.33
For output level 10:
Profit per basket = $5 - $5.10
Profit per basket = -$0.10
From the calculations, we can see that the profit per basket is positive and equals $0.40 at output level 5.
At output level 5, the profit per basket is positive, indicating that Chi is earning some profit on each basket sold. It means that the revenue generated from selling a basket of apples exceeds the average total cost of producing that basket. However, the profit margin is relatively small, only $0.40 per basket.
Chi's profit per basket, at the given selling price of $5 per basket, is $0.40. While Chi is making a profit, it is important to note that the profit margin is not substantial, suggesting a relatively low level of profitability in this perfectly competitive market.
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in the consumer buying decision process for new products, identify the one incorrect stage in the adoption process consumers experience:
Answers
The incorrect stage in the adoption process of the consumer buying decision process for new products is "Evaluation of Alternatives." The correct stages in the adoption process are as follows:
Awareness: Consumers become aware of the new product through various sources such as advertising, word-of-mouth, or marketing efforts.
Interest: Consumers develop an interest in the product and actively seek out information to learn more about its features, benefits, and potential value.
Evaluation of Alternatives: incorrect stage the new product with other available alternatives, considering factors such as price, quality, features, and perceived value.
Trial: Consumers engage in a trial or initial purchase of the new product to experience it firsthand and evaluate its performance and fit with their needs.
Adoption: Based on the trial experience, consumers decide whether to fully adopt the new product, continuing to use it and potentially becoming loyal customers.
So, all the stages listed above are correct.
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bucher credit bank is offering 6.8 percent compounded daily on its savings accounts. assume that you deposit $6,500 today. how much will you have in the account in 3 years?
Answers
If you deposit $6,500 in a savings account that compounds interest daily at a rate of 6.8%, you will have approximately $7,976.38 in the account after 3 years.
To calculate the future value of the deposit after 3 years with a daily compounded interest rate of 6.8%, we can use the following formula:
FV = PV x (1 + r/n)^(n x t)
Where:
PV = present value or initial deposit ($6,500)
r = annual interest rate (6.8% or 0.068)
n = number of times the interest is compounded per year (365, since it is compounded daily)
t = number of years (3)
Plugging in the values, we get:
FV = 6,500 x (1 + 0.068/365)^(365 x 3)
FV = 6,500 x (1.000186301)^1,095
FV = 6,500 x 1.227129814
FV = $7,976.38 (rounded to the nearest cent)
Therefore, if you deposit $6,500 in a savings account that compounds interest daily at a rate of 6.8%, you will have approximately $7,976.38 in the account after 3 years.
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The opportunity cost of watching a movie will be equal to;
А) The time lost while watching the show
B)The pleasure that could have been enjoyed watching TV instead
С )The pleasure enjoyed by watching the show
D) The amount paid to buy the tickets
Answers
Answer:
А) The time lost while watching the show
Explanation:
Opportunity cost is the value of the next-best alternative when a decision is made; it's what is given up.
A and D seems correct, but the wording on D makes A the better answer.
Eager, a tipped employee, reported to his employer that he had received $320 in tips during March. On the next payday, April 4, he was paid his regular salary of $250. The amount of OASDI taxes to withhold from Eager’s pay is a. $19.84 b. $15.50 c. $35.34 d. $43.61 e. None of the above. 2 points
Answers
Answer:
Amount of OASDI taxes to withhold = $35.34
Explanation:
Find:
Amount received in march = $320
Amount of salary = $250
Find:
Amount of OASDI taxes to withhold .
Computation:
OASDI tax rate = 6.2%
Total amount = Amount received in march + Amount of salary
Total amount = $320 + $250
Total amount = $570
Amount of OASDI taxes to withhold = Total amount × OASDI tax rate
Amount of OASDI taxes to withhold = $570 × 6.2%
Amount of OASDI taxes to withhold = $35.34
What happens to the demand for
products whenever the price of
a
substitute item decreases?
Answers
Answer:
Demand decreases
Explanation:
Substitute goods are products that can be used in place of each other. Goods are described as substitutes if a customer can use them interchangeably and get equal or almost the same satisfaction. Tea and coffee will be substitutes if a customer can consume either of them and be happy.
If the price of a substitute good declines, customers will prefer consuming it instead of the other product. The other product's demand will decrease due to a change in customer preferences as a result of a lower price.
discuss how the central bank uses the open market operations as a sutible measure of credit control. Explain with respect to both inflation and deflation
Answers
Answer: By affecting the money in circulation
Explanation:
The central bank uses the open market operations as a sutible measure of credit control by affecting the quantity of money in circulation. It's the central bank that prints money that's being used, to avoid economical unbalance, the central bank has to regulate how the money is circulated in the country. They do this by either selling or buying government securities through open market operations. During this process the purchase government securities from commercial banks and institutions making bank assets free and more cash for loans.
Whitney deposits for two years. She compares two different banks. State Bank will pay her 4.1% interest, compounded monthly. Kings Savings will pay her 4.01% interest, compounded
continuously.
Answers
Answer:
State Bank,$16.21
Explanation:
Result part (a): $767.74
Result part (b): $751.53
we note that the results of part (a) is higher and thus State Bank earns more interest.
we are also interested in the difference of the interest:
$767.74 - $751.53 = $16.21
Thus State Bank will result in $16.21 more interest.
What are the Fabrication Department's equivalent units of production related to conversion costs for July?
Answers
Answer:
94
Explanation:
The computation of the Fabrication Department's equivalent units of production related to conversion costs for July is shown below
Equivalent unit = Unit completed and transferred out + (ending work in process × percent completion)
= 74 + (20 × 100%)
= 94
Acme Fasteners keeps efficiency high by making a million of each kind of bolt
at a time. But its customers usually want to buy only 1,000 to 10,000 of a kind
at a time. What service of wholesalers can best help Acme in this situation?
O
A. Buying large quantities and selling in smaller lots needed by
customers
O
B. Transporting fasteners to storage facilities
O
C. Being experts in fasteners and customers who use them
O
D. Keeping fasteners stored without theft or other kinds of loss
Answers
Answer:
A. Buying large quantities and selling in smaller lots needed by customers
Explanation:
Wholesalers can best help Acme in this situation by buying large quantities and selling in smaller lots needed. Thus, option A is correct.
Who is the customer?A customer is a client who places a request for a commodity, payments for such a product or service, and then receive it. The person who purchases a good or receives a service is known as a customer. A consumer is essentially the person who pays for the item or service.
In this situation, the wholesaler should buy the quantities in bulk that is being produced by the company and then divide the load into smaller quantity of 1000 unit or 10000 unit so that they can easily sell it to the customer and also benefit from the same and earn a profit from the same. Also, bulk buying can provide them with some offers.
Therefore, option A is the correct option.
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This is a receipt for a purchase made at a restaurant in Sacramento, California. The total cost of the food and drinks before taxes was . The buyer paid in sales tax. Based on the receipt, Sacramento has a sales tax rate of .
Answers
Answer:
Total bill = $10.00Sales tax = $0.85Sales tax rate = 8.5%Explanation:
According to the receipt in question, the buyer paid a total bill of $10.00.
Buyer also paid a sales tax of $0.85.
The total cost of the food was $10.00 and a sales tax of $0.85 was paid.
The sales tax is based on the amount paid so the sales tax rate is the percentage of $10 that $0.85 is.
= Sales Tax / Total bill * 100%
= 0.85 / 10 * 100%
= 0.085 * 100%
= 8.5%
Answer:
1- B) $10.00
2- A) $0.85
3- B) 8.5%
Explanation:
I did it on edge and got it right
What button is used to format a table’s text to make it more interesting?
Answers
Then click the “Table Design” contextual tab in the Ribbon.
The preset table styles appear in a list in the “Table Styles” button group.
Use the following chart to explain how the amount of principal affects the total cost of the loan
Answers
Answer: The higher the principal, the higher the total cost of the loan
Explanation:
From the chart shown we can see that the loan with a higher principal has a higher total cost than the loan with the smaller principal.
This happens because the interest rate attached affects larger figures more than smaller ones. 6.47% of $6,000 is $389 which is larger than 6.47% of $5,000 which is $324 (calculating the cost of a loan is more cumbersome than this but this shows the effect as well).
When compounded overtime, this difference will be even more and thus shows that larger principals cause larger total costs.
Answer:
The higher the principal, the higher the total cost of the loanExplanation: In a part of the mortgage payment is dedicated to repayment of the principal balance.
Now explain that Loans are structured so the amount of principal returned to the borrower starts low and increases with each mortgage payment.Then, The payments in the first years are applied more to interest than principal, while the payments are in the final years.In our mortgage $100,000, The principal is $100,000.
This happens because the interest rate attached affects larger First figures will more than smaller ones.6.47% of $6,000 is $389 which is larger than = 6.47% of $5,000 which is $324 .
now,(calculating the cost of a loan is more this shows the effect as well).
When compounded over time, this is difference will be even more and thus shows that larger principals cause larger total costs.Learn more about :
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if the marginal propensity to save is 0.2, the multiplier will be _____. a. 0.8
b. 8
c. 1.25
d. 5
Answers
where Marginal Propensity to Consume (MPC) is equal to 1 - Marginal Propensity to Save.
Given that the Marginal Propensity to Save is 0.2, we can calculate the MPC as:
MPC = 1 - Marginal Propensity to Save
MPC = 1 - 0.2
MPC = 0.8
Substituting the value of MPC into the formula for the multiplier, we get:
Multiplier = 1 / (1 - MPC)
Multiplier = 1 / (1 - 0.8)
Multiplier = 1 / 0.2
Multiplier = 5
Therefore, the multiplier is 5, and the correct answer is (d).
Is paper a natural resource or capital good?
Answers
Answer:
capital goods
Explanation:
becos it is raw material that is use to making papers
What is the best idea when you are filling out tax forms for the very first time?
Answers
To avoid debt, a new business owner should have enough projected revenue to cover expences for the first
A) 6 months
B) year
C) 2 years
D) 5 years
⚠️THIS IS FOR SCHOOL. NO TROLL ANSWERS OR LESS YOU WILL BE REPORTED.⚠️
Answers
Answer:
b) a year
Explanation:
100 points please help. let’s say eur/usd is trading at=1.1872. So if I have a forex account worth 100$ and I use a leverage of 1:100 I have 10000$ of buying power so if buy a mini lot of eur/usd. Do I only need to pay 10k or the quote price which would be 11872$ that I need to pay?
Answers
Answer:
With 100:1 leverage a trader can open a position 100 times greater than they could without leverage. For example, if the cost to purchase . 01 lots of EUR/USD is normally $1000 and the broker offers 100:1 leverage, then the trader must put up only $10 as margin.
Explanation:
in an individual retirement account, a 6% penalty tax will be imposed for: a failing to make a contribution to an individual retirement account by april 15th b the purchase of a mutual fund in an individual retirement account c premature distributions from an individual retirement account d excess contributions to an individual retirement account
Answers
The correct answer is
D) Excess contributions to an individual retirement account.
An individual retirement account, or IRA, is a form of pension provided by many financial organizations in the United States that provides tax advantages for retirement savings. It is a trust that oversees financial assets acquired with tax payer money for the possible retirement benefit of the taxpayer. An individual retirement account is a particular type of individual retirement plan, according to IRS Circular 590, Individual Retirement Arrangements (IRAs). Two additional choices are employer-established benefit funds and individual retirement annuities, in which a person purchases an annuity contract or an endowment contract from a life insurance company.
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There are a number of different ethical issues you could discuss with your employees. What topics would serve as a good basis for the beginning of the course?
Answers
I think you should claim there to be racism and blame someone for being racist to you and that WILL show them that you are responsible and want best for them .
Hope this helped
Jeff
Most businesses use __________ networks.
wired
wireless
Answers
Answer: wired
Explanation:
wired is the cheapest
What is a trend in business
Answers
A source of money that allows individuals to pay for goods and services later is called cashconsumer creditcurrency. An advantage of this source of money is it can be used for shopping onlinethere are no interest chargesit leads to good financial habits. A disadvantage of this source of money is it is used for mobile phone plansit does not add to purchasing powerit requires you to carry cash
Answers
An advantages of this source of money stopping it can be used for online shopping without any interest rate and instant payment also there is no delay and funfund proof.
Why do people still use cash to pay?According to Rossman, cash is useful for two reasons: privacy and anonymity. Furthermore, cash transactions are critical for the estimated 5.4% of unbanked families, he observed. According to Rossman, the majority of individuals prefer to pay with credit or debt cards. Carrying cash eliminates the possibility that credit and debit card payments will be unavailable. Inclusion: Notes and coins are essential for preventing exclusion of vulnerable populations such as the elderly or low-income households who may have limited access to digital payment methods.
You may use a credit card for regular purchases to build credit and gain incentives for your existing spending. However, keep in mind that you should only use a credit card for emergencies.
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Mandy used to work as a costume designer at her local theatre until she left work 3
years ago to bring up her daughter Natalie, now 4 years old. Mandy now works from
her house in Slough where she provides, makes and sells hand made glove puppets.
At the moment she sells at local craft fairs and through word of mouth. She now
wants to expand her business to include an on line shop and also to provide puppet
shows for children's parties and puppet making workshops for slightly older
children's parties.
1. Identify 2 reasons why Mandy may need to raise finance.
(2 marks)
2. Explain 1 advantage and 1 disadvantage to Mandy of taking out a bank loan.
(4 marks)
3. Mandy is considering applying for an additional mortgage on her house to
finance the business expansion. Do you think this is a good idea? Justify your
(9 marks)
answer.
Answers
Answer:
1. Mandy may need to raise a finance because she wants to expand her business, so therefore she may need extra money.
2. 1 advantage of taking out a bank loan is that she could build up her business with the money she’s taking out and the disadvantage is that her business may not work out or she won’t be able to pay the bank back
3. It may be a good idea to finance the business expansion because she may or may not grow her business after expanding it. But after expanding it there is possible chances of her business working out and growing more.
Explanation:
A policy for small businesses that do not qualify for a BOP that combines property insurance and commercial general liability insurance is called a
Answers
Answer: Commercial Package Policy
Explanation: A Commercial Package Policy (CPP) is an insurance policy that combines coverage for multiple perils, such as general liability and property risk
A BOP is designed for more smaller businesses with less risk, while a Commercial Package policy is meant for a more risky business, or a business that needs more customized coverages.
factorise the following3x^2-18 +24
Answers
Answer:
it's 3(x^2-2) bcoz -18-24= -6 and 3 is divisible into 6 twice
True or False
organizations can use customer facing business intelligence in
business commercial settings but not in government
settings
Answers
False. Organizations can use customer-facing business intelligence in both business commercial settings and government settings. Customer-facing business intelligence refers to the use of data and analytics to understand and improve customer experiences, make data-driven decisions, and enhance overall business performance.
In business commercial settings, customer-facing business intelligence is commonly employed by companies to gain insights into customer behavior, preferences, and trends. It helps businesses understand their target market, tailor their products or services to meet customer needs, and improve customer satisfaction. By analyzing customer data, businesses can optimize marketing strategies, personalize customer interactions, and drive revenue growth.
Similarly, in government settings, customer-facing business intelligence can be used to enhance citizen services and improve public administration. Governments can leverage data analytics to understand citizen needs, gather feedback, and design policies and programs that align with public interests. By utilizing customer insights, governments can enhance service delivery, streamline processes, and improve citizen satisfaction.
Therefore, customer-facing business intelligence is applicable and valuable in both business commercial settings and government settings, as it enables organizations to better understand and serve their customers or citizens.
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_____ include tools and equipment used to produce goods and services.
a. Capital resources
b. Consumer resources
c. Human resources
d. Natural resources
Answers
Answer:
The correct answer is B!
Explanation:
Consumer resources, include tools and equipment used to produce goods and services. Thus, option (b) is correct.
What is goods?
The term goods as the another name was the commodities. The goods are the sold to the exchange of the money. The goods are the produced with the help of raw material. The goods are the based on the two prices, such as the manufacturing prices and retail prices. The goods are the two types are the raw goods and the finished goods.
According to the manufactured goods and services as the companies are the manufacturing to the based on the consumer resources. The foundation is built on economic development. Factors of production are the resources used to create all commodities and services.
As a result, the consumer resources, include tools and equipment used to produce goods and services.
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