On April 1, 2021, Shoemaker Corporation realizes that one of its main suppliers is having difficulty meeting delivery schedules, which is hurting Shoemaker's business. The supplier explains that it has a temporary lack of funds that is slowing its production cycle. Shoemaker agrees to lend $490,000 to its supplier using a 12-month, 10% note.
Required:
The loan of $490,000 and acceptance of the note receivable on April 1, 2021.
The adjustment for accrued interest on December 31, 2021.
Cash collection of the note and interest on April 1, 2022.
Record the above transactions for Shoemaker Corporation. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)
Record the loan of $490,000 and acceptance of the note receivable on April 1, 2021.
Note: Enter debits before credits.
Date General Journal Debit Credit
April 01, 2021
Record the adjusting entry for accrued interest.
Note: Enter debits before credits.
Date General Journal Debit Credit
December 31, 2021
Record the cash collection.
Note: Enter debits before credits.
Date General Journal Debit Credit
April 01, 2022

Answer:

The retail sector consistently accounts for around 5% of Gross Value Added in the UK economy. 14% of all UK investment made by large non financial-sector firms is made by large retailers. Retailers purchase around £180bn worth of goods for resale, supporting £47bn of output from other sectors.

Answer:

The retail sector consistently accounts for around 5% of Gross Value Added in the UK economy.

Explanation:

14% of all UK investment made by large non financial-sector firms is made by large retailers. from other sectors. Retailers pay out £4 billion every year in dividends to shareholders, around 5% of the UK total.

Answer: business can be defined as an organization dedicated to do commercial and professional activities.

Explanation:

The word business can also be defined as the activities and efforts that a person makes in order to produce money. To do this, the person creates products or sells services to obtain a reward.

Currently, many people are taking the line of entrepreneurship, where they put their own businesses and become their bosses. They themselves develop their model of how they are going to distribute and market the products or services they have so that they reach the population.

The business is something that comes from ancient times. Barter was a way of doing business since if a person was interested in something that another had, they proceeded to make an exchange.

Answer:

because it makes friends

Explanation:

Answer:

because you make friends andhelp chan d

Explanation:

Answer:

True

Explanation:

One of the many lean techniques that have been successfully applied in service firms is leveling facility load. One of the many lean techniques that have been successfully applied in service firms is the eliminating of unnecessary activities. One of the few lean techniques that does not work well in service firms is demand-pull scheduling.

Answer:

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Explanation:

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jhhhhvvhgsvdtg

Risk management involves the process of identifying, assessing, and prioritizing potential risks and taking actions to minimize or control their impact.

Risk management is a process used by individuals or organizations to identify, evaluate, and prioritize potential risks that could adversely affect their objectives or goals. It involves a systematic approach to assessing the likelihood and impact of risks and developing strategies to mitigate or manage them.

The ultimate goal of risk management is to minimize or control the negative effects of risks, while also taking advantage of any potential opportunities that may arise. Effective risk management can help individuals and organizations make informed decisions and improve their overall performance and success.

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Answer:

Leon's gain = $65,000

Explanation:

Total consideration received by Leon = $75,000 (cash) + $25,000 (artwork) + $20,000 (loan assumed by buyer) = $120,000

Leon's total costs = $50,000 (equipment's basis) + $5,000 (selling expenses) = $55,000

Leon's gain = total consideration received - total costs = $120,000 - $55,000 = $65,000

Answer:

excuse me but where is the phrase?

The scenario that shows the best time to "play it safe" in investing because the law of diminishing returns is against the investor is option D: You just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.

In this scenario, the investor has already experienced a significant gain by hitting a big jackpot in Las Vegas. However, investing the entire amount back into another game with the intention of doubling the return poses a high level of risk. The law of diminishing returns suggests that as an investment or activity continues, the incremental return or benefit diminishes over time. By putting all the winnings back into another game, the investor is exposing themselves to unnecessary risk. Instead, it would be wiser to consider diversifying the investment portfolio, preserving a portion of the winnings, and adopting a more conservative approach. This helps to protect the gained wealth and potentially generate more stable, sustainable returns in the long run. Hence the correct answer in Option D. you just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.

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The profit-maximizing output for this firm, given the short - run data on the graph, is 320 units.

The profit-maximizing output for a firm is the point where the marginal revenue received is equal to the marginal cost incurred. This means that every additional unit sold both cost the same to produce, as the revenue it brings in.

The point where the marginal revenue and the marginal cost are equal to each other is the lowest point of the Total cost curve This point on the graph is 320 units so this is the profit-maximizing output.

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a. The decision would be to reject null if p value < α

b. pooled estimate is = 1.320769

c. test statistic is  -1.490

d. Do not reject H0

e. p value is 0.16

The decision rule is if to ≤ tc or if p value < α then we are to reject the null hypothesis.

the level of significance = 0.05

degrees of freedom = n1 + n2 - 2

= 13

pooled estimate of variance

\(S^{2} _{p} =\frac{(n1-1)S^{2} _{1}+(n2-1)S^{2} _{2}}{(n1-1)(n2-1)}\)

= 1.320769

We have to solve for the test statistic

\(\frac{23 - 24}{1.320769/11+1.320769/4}\)

= -1.490

we have to use excel to find the pvalue

= p(t) > 1.490 = 2 x t dist (-1.49, 13, 1)

= 0.16

critical value = 2.160

the p value is greater than the alpha value, hence we would have to fail to reject the null hypothesis that we have from the calculation. There is insufficient data to supply this claim.

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Answer:

Correct answer is A, They know how to oversell their product so the customer can't say no. Explanation: Good salespeople are those who sell more and more of their company's product.

The correct answer is debt-equity rate=0.37. Net worth, or shareholder's equity, in the account, denotes the quantum which is reckoned after reducing total arrears from total means.

It's a way to assess the wealth of an association or an existent.  The  calculation of the debt-equity rate is shown below

Debt- equity rate =  Debt ÷ Equity Hello fam it's been an awful time with Brewdiés family really enjoyed it. Some really cool musketeers and met  numerous new people but I guess I have overstayed my  hello now it's time for me to go love ya guys thanks for always being there and supporting me  = $,101 ÷$,700= 0.37.

As the  rate is lower than 1 so Robert would not reached the upper limit with respect to the debt  scores. The debt-to-equity rate is calculated by dividing your total arrears by your networth. However, you have reached the upper limit of debt  scores, If your debt- to- equity  rate is about ½.

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Based on the amount that the Wong family pays every month, the total amount of interest and principal that they will pay after 30 years is $358,200.

The monthly payment of $995 includes both the interest payment and the principal.

The total to be paid in 30 years is:

= Amount per month x Number of months in year x Number of years paid

= 995 x 12 x 30

= $358,200

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Answer:

c or $358,200

Explanation: edg 2023

Answer:

c

Explanation:

Answer:

Explanation:

In order to calculate the operating income for one year we would have to make the following calculation:

operating income=revenue-variable costs-fixed costs

revenue=300*$50*365=$5,475,000

variable costs=300*$10*365=$1,095,000

fixed costs=$2,000,000

Therefore, operating income=$5,475,000-$1,095,000-$2,000,000

operating income=$2,380,000

The operating income for one year is $2,380,000

Acceptable methods of assigning specific costs to inventory and cost of goods sold include all of the following except LIFO method. Thus, option D is correct.

Inventory or stock alludes to the merchandise and materials that a business holds for a definitive objective of resale, creation or usage. Stock administration is a discipline fundamentally about indicating the shape and position of loaded merchandise.

The LIFO technique is certainly not an adequate strategy for stock costing under IFRS. monitoring every particular thing in stock and relegating costs exclusively as opposed to gathering things together.

Therefore, option D is correct.

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The broker will treat real estate  as deposits as liquidated damages.

Demand is the consumer's intention to buy a specific product or service.

The demand for a specific good on the market is known as market demand. The total demand for goods and services in the economy is known as aggregate demand. The price of an item or service is determined by how well supply and demand match. Recognizing the idea of demand.

Thus, the buyer demand for money has void.

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Answer:

Fee product samples

Explanation:

makes pay

Answer:

I know ur answer.

Explanation:

1. become the low-cost supplier

2. develop differentiated, innovative products and services

3. target a niche: geography, industry, product/service

4. employ differentiated business methods and approaches.

Answer:

Gaining a competitive advantage can be challenging, but there are several strategies businesses can adopt to achieve this goal. Here are some recommendations to improve your business's competitiveness:

1. Differentiation: One way to gain a competitive advantage is to differentiate your product or service from those of competitors. You can stand out by focusing on a unique feature or benefit that none of your competitors offer.

2. Cost Leadership: Another approach is to lower your costs and offer lower prices than your competitors. This helps attract price-sensitive consumers who value cost savings while still making a profit.

3. Innovation: Building new and innovative products or services can help you stand out in the market, attract customers who like new trends, and establish a competitive advantage in the industry.

4. Quality products and services: Offering high-quality products or services can increase customer satisfaction and loyalty that can set a business apart from competitors.

5. Customer focus: Focusing on customer satisfaction by regularly evaluating customer needs and concerns, improving service or product quality, and striving to exceed customer expectations can create a competitive advantage for your business.

In summary, businesses can gain competitive advantage by offering unique features or benefits, lowering cost, innovating, providing high-quality goods and services, and focusing on outstanding customer service.

Financial aid letters show your aid and costs of attendance for an academic year.

This is a letter that a tertiary institution gives to a student to show the cost of their attendance at the college they are currently enrolled in.

The period covered in the letter is the academic year which means that the costs associated with two semesters of attending the university will be shown to the student.

These costs will include things like tuition fees, room and board fees, transportation and other miscellaneous costs.

The letter will also include all the financial aids that the student may receive including federal grants, college grants, state grants, and federal loan options that a person may be eligible for.

In conclusion, financial aid letters show the costs of attendance in an academic year and the aid that comes with it.

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Answer:

A Mission Statement defines the company's business, its objectives and its approach to reach those objectives. A Vision Statement describes the desired future position of the company. Elements of Mission and Vision Statements are often combined to provide a statement of the company's purposes, goals and values. pls add me in brainliest answer

The shareholder's basis, the fair market value, and the built-in gain (loss) of each property are 75000

A $300,000 carryover basis serves as Martin's basis in Property 1.

Martin has a stepped-down basis in Property 2 of $475,000.

Workings:

Martin's basis in Property 2 is 525,000 less 50,000, which is 475,000.

b. Martin has a recognised loss of $75,000 and a $125,000 realised loss.

Workings:

Realized loss is calculated as follows: 350000 - 475000 (Distribution value FMV - Stepped down basis) = 125000

Acquired value FMV - Stepped down basis = 400000 - 475000 = Recognized loss = 75000

Given that the shareholding is less than 50%, the distribution is not a related party transaction, and the related party limitation is therefore not applicable.

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Suppliers who provide the goods and services your business needs to operate

The objective of a competition analysis is to uncover any market gaps and to comprehend your competitors' advantages and disadvantages in comparison to your own. An essential part of any business strategy is the competitor analysis because it will help you refine your own.

Financial analysis is the word used to describe an assessment of the viability, stability, and profitability of a project, a sub-project, or a firm. It is completed by professionals that compile reports utilizing ratios and other approaches, utilizing information from financial statements and other reports.

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The indication of the items to be included (I) and the ones to be excluded (E) from the inventory of Marcelle's Boutiques on December 31, 2005 is as follows:

a) E

b) E

c) I

d) E

e) I

f) E

g) I

h) E

i) I

The year-end inventory includes goods that belong to Marcelle's Boutiques as at December 31. Goods on consignment from other companies are excluded while goods on consignment to other companies are included.  Goods sold on FOB shipping point to customers are excluded while goods sold on FOB shipping point from suppliers are excluded.

Thus, if the goods do not accrue ownership interest to Marcelle as at December 31, 2005, they are excluded, while those in which Marcelle has ownership interest are included.

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Answer:

C i think tell me if im wrong

Answer:

the answer is A

Explanation:

just took the test and got 100%

Under the traditional costing method (which assigns overhead on the basis of direct labor hours), the amount of manufacturing overhead costs assigned to the following by Perdon Corporation are:

1) One mobile safe    $448  per unit

2) One walk-in safe   $3,808 per unit

A predetermined overhead rate is used by the traditional costing method, unlike the Activity-based costing system (ABC), which uses activity drivers and cost pools.

The traditional costing method assigns overhead costs based on a companywide cost driver, for example, direct labor hours.

Total overhead = $280,000

                                                          Mobile Safes     Walk-in Safes   Total

Units planned for production                   200                     50             250

Material moves per product line              300                    200           500

Purchase orders per product line            450                    350           800

Direct labor hours per product line         800                 1,700         2,500

Predetermined overhead rate per direct labor hour = $112 ($280,000/2,500).

Total overhead costs assigned to        $89,600         $190,400

                                                          ($112 x 800)    ($112 x 1,700)

Overhead per unit                                     $448     $3,808

                                                    ($89,600/200)    ($190,400/50)

Thus, under the traditional costing method, the amount of manufacturing overhead costs assigned are $448  per unit of Mobile Safe and $3,808 per unit of Mobile Safe.

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