On August 31,the balance sheet of La Brava Veterinary Clinic showed cash $9,000,Account receivable$1700,supplies $600,equipments $6000,account payable $3600,common stock $13,00 and retained earings $700. During september,the following transaction occur
1. paid $2900 cash for accounts payable
2. collected $1,300 of accounts receivable
3. purchased additional equipments for $2100,paying $800 in cash and the balance on account
4. recognized revenue of $7300 of which $1500 is collected in cash and balance due in october
5. declared and paid $400 cash dividend
6. paid salaries $1700 rent for september $900,and advertising expense $200
7. Incurred utilities expense for month on account $170
8. Received $10,000 from capital bank on 6 month note payable
a. prepare a tabular analysis of september transactions begin with august 31 balances.column headings: cash,account receivable,supplies,equipments,account payable,common stock,retain earnings with separate column for revenues,expenses,dividends.Including margin explanation changes in retain earnings. Revenue is called Service Revenueb. prepare an income statements for september,a retained earnings statements for september,and a balance sheet at september 30.

Answers

Answer 1

Answer:

Brava Veterinary Clinic

a) Tabular Analysis of September Transactions:

see attached.

b1) Income Statement for September:

Service Revenue  $7,300

Expenses:

Salaries      $1,700

Rent               900

Advertising   200

Utilities          170 ($2,970)

Net Income         $4,330

b2) Retained Earnings Statements for September

Net Income                               $4,330

Beginning Retained Earnings    $700

Dividends                                   ($400)

Ending Retained Earnings     $4,630

b3) Balance Sheet at September 30:

Assets:

Cash                                    $14,900

Accounts Receivable             6,200

Supplies                                    600

Equipment                              8,100

Total Assets                     $29,800

Liabilities + Equity:

Accounts Payable              $12,170

Common Stock                   13,000

Retained Earnings               4,630

Total Liabilities + Equity  $29,800

Explanation:

Financial Statements (Income Statement and Balance Sheet) are prepared at the end of a period to show the financial performance (Net Income) and the financial position (Assets = Liabilities + Equity) of a business entity.

A tabular statement of transactions illustrates the changes that have taken place during the period as a result of transactions.  Transactions affect the Assets and Liabilities and Equity equally.  The excess of revenue over expenses gives a net income.

Answer 2

Answer:

For a better visualization of the answer the first point was attached as an image.

Income Statement

Sales Revenues       7300

Salaries expense     (1700)

Rent Expense           (900)

Advertising Expense (200)

Utilities expense        (170)

Net Income             4,330

Retained Earnings  

Beginning   700

Income     4,330

Dividends   (400)

Ending      4,630

Balance Sheet

Cash                         14,900

Account Receivables 6,200

Supplies                        600

Current                      21,700

Equipment                   8,100

Total Assets               29,800

Liablities  

Account Payable 2,170

Note Payable     10,000

Total Liabilities   12,170

Equity

Common Stock    13,000

Retained Earnings  4,630

Total Equity           17,630

Total Liabilities + Equity 29,800

Explanation:

The dividends paid are not considered an expense.

We consider revenues and expense using the accrual basis rather than cash basis so we also recognize accrued expense (utilities ) and accrued revenues (sales which weren't paid right away)

For the Balance sheet the equipment is considered long.temr asset as their usefil life exceed a year.

The note payable while it is different from account payable is also a current liaiblity as it is due within the one-uyear window.

On August 31,the Balance Sheet Of La Brava Veterinary Clinic Showed Cash $9,000,Account Receivable$1700,supplies

Related Questions

Which of these stores uses fulfillment center?

A) Comet Dry Cleaner

B) Dunkin’ Donuts

C) Amazon

D) 7-11

Answers

The store which uses the fulfillment center is Amazon.

The order fulfillment center is seen as the customer of packaging, receptacles, or of the sections of canisters which it employs to maintain, safeguard, and contain the products which it packages. So, Fulfillment by Amazon (FBA) is a service which tends to allow businesses in order to outsource order fulfillment to Amazon.

Here, there are several business which send products to Amazon fulfillment centers and when a customer makes a purchase, we pick, we pack, and then we ship the order. Thus, they also provide customer service and process returns for the orders placed.

Hence, option C is correct.

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Scott used $4,000,000 from his savings account that paid an annual interest of 5% to purchase a hardware store. After one year, Scott sold the business for $4,100,000. His accounting profits is:

Answers

Answer:

$100,000

Explanation:

Accounting profit = Revenue - Explicit Cost

$4,100,000 - $4,000,000 = $100,000

Accounting profit does not taken into account opportunity cost or implicit cost. The implicit cost here is the amount of interest forgone by starting the store

This interest rate would have been earned if he left the money in his account

Given the information below, calculate the net cash provided from operating activities for Baskin Peter Pty. Ltd.

Receipts from customers $279,247

Payments for property, plant & equipment $42,310

Interest paid $4,231

Proceeds from issue shares $25,836
Payments to supplier and employees $220,013

Repayment of borrowings $53,331

GST paid $16,924

Payments for motor vehicle $37,985

Interest received $6,770

Select one:

$61,773

$44,849

$55,345

$49,080

Answers

To calculate the net cash provided from operating activities, we need to add up the cash inflows from operating activities and subtract the cash outflows from operating activities.

The cash inflows from operating activities are:

Receipts from customers: $279,247

Interest received: $6,770

Total cash inflows from operating activities: $286,017

The cash outflows from operating activities are:

Payments to suppliers and employees: $220,013

GST paid: $16,924

Total cash outflows from operating activities: $236,937

Therefore, the net cash provided from operating activities is:

Net cash provided from operating activities = Cash inflows from operating activities - Cash outflows from operating activities
Net cash provided from operating activities = $286,017 - $236,937
Net cash provided from operating activities = $49,080

Therefore, the net cash provided from operating activities for Baskin Peter Pty. Ltd. is $49,080.

So the answer is D) $49,080.

The following is select financial statement information from Vortex Computing:
Year
2018
2019
2020
Net Credit Sales
$1,557,200
$1,755,310
$1,865,170
Ending Accounts Receivable
$398,000
$444,400
$500,780

The following is select financial statement information from Vortex Computing:Year201820192020Net Credit

Answers

Answer:

Explanation:

can i get the answer

Accounts Receivable Turnover Ratio (2019) =  4.16 times

Number of Days' Sales in Receivable (2019) = 88 (approx) days

Accounts Receivable Turnover Ratio (2020) = 3.95 times

Number of Days' Sales in Receivable (2019) = 92 (approx) days

For calculating the ratio:

Average Accounts Receivable(AAR) = (Beginning Accounts Receivable + Ending Accounts Receivable) / 2

Accounts Receivable Turnover Ratio(ARTR) = Net Credit Sales / Average Accounts Receivable

Number of Days' Sales in Receivable(NDSR) = 365 days / Accounts Receivable Turnover Ratio

For 2019,

Average Accounts Receivable(AAR) =  ($398,000 + $444,400) / 2 = $421,200

Net Credit Sales (2019) = $1,755,310

ARTR (2019) = $1,755,310 / $421,200 = 4.16 times

NDSR (2019) = 365/4.16 = 87.98 ≈ 88 days(approx)

For 2020

AAR(2020) = ($444,400 + $500,780) / 2 = $472,590

Net Credit Sales (2020) = $1,865,170

ARTR (2020) = $1,865,170 / $472,590 = 3.95 times

NDSR (2020) = 365 days / 3.95 = 92.41 ≈ 92 days (approx) days

Vortex Computing is below the industry average as their ARTR (2020) is 3.95 while for the industry it is 4.00 times.

Vortex Computing's days' sales in receivable ratio for 2020 is approximately 92 days, while the industry average is 91.25 days.

It should be noted that these are a partial view of the company's financial health, and other factors such as profitability ratio, liquidity, and overall industry conditions should be considered when evaluating an investment in Vortex Computing.

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Type the correct answer in the box. Spell all words correctly.
What does the last paragraph in a cover letter deal with?
The closing paragraph of a cover letter is where you can mention your
information and request for an interview

Answers

The closing paragraph of a cover letter typically deals with summarizing the main points of the letter and expressing your interest and enthusiasm for the position.

The closing paragraph serves as a conclusion to your letter and provides a final opportunity to make a strong impression on the employer. In this paragraph, you can briefly restate your qualifications and how they align with the requirements of the job. It's also a good place to mention any additional relevant information that you haven't already included in the body of the letter. Furthermore, you can express your gratitude for the opportunity to apply and express your interest in moving forward to the next stage of the hiring process. Finally, you can use the closing paragraph to request an interview or indicate that you are available for further discussion.

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What would the cost of goods sold be if the cost of goods available for sale totaled $650 and the ending inventory total? $86.​
564.00
546.00
5.46
50.64

Answers

Answer:

4

Explanation:

i need points for my test

Explain the advantages of a trade agreement and how it might impact a company like
Red Fish–Blue Fish

Answers

The advantages of a trade agreement is help to reduce tariffs, and also help to find solutions to  behind-the-border barriers, this impact a company like Red Fish–Blue Fish because it help the company to pay less tarrif.

What is the benefit of trade agreement?

The benefit of trade agreement is that it help the countries to have a good relationship with respect to the trading activities between them.

It should be noted that the trade agreement do help the company in the sense that they will not be imposed with so much high tarriff in other country so as to help them to keep running their operation.

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On an automotive assembly line, Naif Marrot checks to make sure that recently painted car bodies are free of paint bubbles. Other people are assigned the task of seeing that other parts of the car are built to specifications. The task of building an automobile has been subdivided into a series of subtasks. The concepts of _____
have been employed in this situation.

(A) decentralization and unity of command

(B) product design and structured manufacturing

(C) functionalism and specialization

(D) centralization and product departmentalization

(E) specialization and division of labor

Answers

Option E. Specialization and division of labor

according to the homeland security mission areas, establishing an inventory of disaster-related supplies should create awareness in which area

Answers

A disaster-related inventory should raise awareness in the "prevention area," per the Homeland Security Mission Areas.

Explain about the Homeland Security?

Wherever and at any time, a disaster might strike, developing gradually or happening suddenly and without warning.

The goal of the disaster response as well as homeland security program aims to have people ready for any local, state-wide, or federal incident so they can respond quickly and effectively.The President authorizes the distribution of monies from the President's Disaster Relief Fund, and indeed the funds are used to complement funds that the state and municipal governments intend to spend. A Presidential Major Disaster Proclamation constitutes the highest level of federal action.Through exchanging intelligence and information, conducting vulnerability assessment risk assessments, funding the development of protecting technologies, and offering other technical services, DHS assists owners and operators executing vital national functions.

Thus, A disaster-related inventory should raise awareness in the "prevention area," per the Homeland Security Mission Areas.

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The correct question is-

According to the Homeland Security Mission Areas, establishing an inventory of disaster-related supplies should create awareness in which area?

You win a lottery with a prize of $1.5 million. Unfortunately the prize is paid in 10 equal annual installments. The first payment is next year. How much is the prize really worth

Answers

The prize is really worth $1,006,512.21.

What is present value?

Present value is the sum of cash flows discounted at the rate of interest or the discount rate.  The annual cash flows for the next 10 years = $1.5 million / 10 = 150,000

The present value can be determined using a financial calculator

Cash flow from year 1 to 10 = $150,000

Discount rate = 8%

Present value = $1,006,512.21

Here is the complete question: You win a lottery with a prize of $1.5 million. Unfortunately the prize is paid in 10 an¬nual installments. The first payment is next year. How much is the prize really worth? The discount rate is 8 percent.

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practice setting goals for various aspects of your personal life such as academics career preparation family hobbie. set at least two short term goals and at least two Long term goals for each area for these goals that you have set write out plans for achieving those goals.think in terms of what you will have to do to accomplish each

Answers

Certainly, setting goals is an essential practice to achieve success and satisfaction in various aspects of personal life.

Academics:

Short-term goals:

Attend all classes and complete assignments on time.Improve my grade in a specific course by studying regularly. Plan to achieve short-term goals:

Create a daily study schedule and allocate time for reading, writing, and reviewing notes.Seek help from a tutor or professor for difficult concepts.

Long-term goals: Achieve a high GPA to qualify for graduate school. Get accepted into my desired graduate program. Plan to achieve long-term goals: Take challenging courses and attend workshops or seminars to improve academic skills.Research graduate programs and their admission requirements, and prepare for standardized tests if necessary.

Career Preparation:

Short-term goals: Update my resume and cover letter for job applications.Attend a networking event and meet new people in my industry. Plan to achieve short-term goals:Research the latest trends in resume and cover letter writing, and tailor them to specific job applications. Prepare a pitch and networking strategy in advance.

Long-term goals:

Secure a job in my preferred industry and position. Develop new skills and advance in my career.Plan to achieve long-term goals:Attend career fairs, conferences, and other industry events to network and learn about job opportunities.Take online courses or certifications to acquire new skills and knowledge.Seek mentorship or coaching from experienced professionals.

Family:

Short-term goals:Plan a weekend outing with my family.Call or video with a family member living in a different city or country.Plan to achieve short-term goals: Discuss with family members and decide on a fun activity that everyone can enjoy.Schedule a specific time for calling or video chatting, and set reminders if necessary.

Long-term goals:

Spend more quality time with family on a regular basis.Plan and save for a family vacation in the next year.Plan to achieve long-term goals:Create a family calendar or schedule to plan and prioritize events and activities.Set aside a specific amount of money each month for family vacations or other activities.

Hobbies:

Short-term goals:

Practice a new hobby for at least one hour each day.Learn a new technique or skill in my hobby.Plan to achieve short-term goals:Schedule a specific time each day for practicing or learning, and avoid distractions. Research online tutorials or courses, and follow step-by-step instructions.

Long-term goals:

Master a specific hobby and showcase my work publicly.Incorporate my hobby into my career or business.Plan to achieve long-term goals:Attend workshops or conferences to learn from experts and connect with like-minded individuals.Create a portfolio or online gallery to showcase my best work and promote my hobby.

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1.4.2 Test (CST): Fundamental Principles of Economics
Question 18 of 20
Which statement best summarizes the relationship between investments and
productivity?
OA. Companies must choose between high levels of productivity and
large investments.
OB. Companies with high levels of productivity are the most likely to
need investment.
OC. Companies use investments to avoid the need to increase overall
productivity.
OD. Companies use investments to pay for services that improve their
productivity.

Answers

Statement first-class summarizes the connection between investments and productiveness: corporations use investments to pay for offerings that improve their productivity.

Investments definition is an asset acquired or invested in to assemble wealth and keep cash from the difficult-earned income or appreciation. funding which means essentially to achieve an extra delivery of profits or advantage and make the most of the investment over a particular time period.

Investments are the determination of an asset to obtain an increase in price over a time period. investment requires a sacrifice of a few gift properties, along with time, cash, or a try. In finance, the motive of making funding is to generate a move back from the invested asset.

In a funding outlook, investment is the acquisition of products that are not fed nowadays but are used inside the destiny to generate wealth. In finance, an investment is an economic asset bought with the idea that the asset will provide earnings similarly or will later be bought at a better cost rate for earnings.

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If you have a given chance to have your own business . what is your mission and vision towards your business?

Answers

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

Do you know the Travis Bruns sales rep for Crown Lift Services case study

Answers

Answer:

what's the question I can help you if u give me the question

Between January 2010 and January 2016, U.S. employment increased by 12.1 million workers, but the number of unemployed workers declined by only 7.3 million. True or False: The labor force has remained unchanged.

Answers

Answer:

False, the labor forced increased

Explanation:

labor force = total number of people actively working (employed) or searching for jobs (unemployed)

lets say L = the total labor force in 2010

by 2016, L had increased by 12.1 million and decreased by 7.3 million

net change of L = 12.1 - 7.3 = 4.8 more million people were part of the labor force in 2016 than in 2010.

5. Briefly describe the asymmetric information theory of capital structure. What are its implications for financial managers?

Answers

Answer:

According to the theory of asymmetric information applied to capital structure. because managers know more about the value of the firm than external investors, managers tend to favor a capital structure that is higher on equity (internal financing) than debt (external financing).

This asymmetric information may also lead them to benefit old investros over new investors.

Closing and opening stores. Sanchez Corporation runs two convenience stores, one in Connecticut and one in Rhode Island. Operating income for each store in 2017 is as follows:
Connecticut Store Rhode Island Store
Revenues $1,150,000 $820,000
Operating costs
Cost of goods sold 700,000 640,000
Lease rent (renewable each year) 86,000 71,000
Labor costs (paid on an hourly basis) 41,000 44,000
Depreciation of equipment 21,000 19,000
Utilities (electricity, heating) 40,000 49,000
Allocated corporate overhead 50,000 42,000
Total operating costs 938,000 865,000
Operating income (loss) $212,000 $(45,000)
The equipment has a zero disposal value. In a senior management meeting, Maria Lopez, the management accountant at Sanchez Corporation, makes the following comment, "Sanchez can increase its profitability by closing down the Rhode Island store or by adding another store like it."
1. By closing down the Rhode Island store, Sanchez can reduce overall corporate overhead costs by $44,000. Calculate Sanchez’s operating income if it closes the Rhode Island store. Is Maria Lopez’s statement about the effect of closing the Rhode Island store correct? Explain.
2. Calculate Sanchez’s operating income if it keeps the Rhode Island store open and opens another store with revenues and costs identical to the Rhode Island store (including a cost of $22,000 to acquire equipment with a one-year useful life and zero disposal value). Opening this store will increase corporate overhead costs by $4,000. Is Maria Lopez’s statement about the effect of adding another store like the Rhode Island store correct? Explain.

Answers

Answer:

Sanchez Corporation

1.                                                       Connecticut

                                                         Store          

Revenues                                        $1,150,000  

Operating costs

Cost of goods sold                             700,000

Lease rent (renewable each year)      86,000

Labor costs (paid on an hourly basis)  41,000

Depreciation of equipment                  21,000

Utilities (electricity, heating)                40,000

Allocated corporate overhead           92,000

Total operating costs                       980,000

Operating income (loss)                 $170,000

Maria Lopez is correct by $3,000 increase in operating income.

2.                                                   Connecticut  Rhode Island   Identical

                                                            Store            Store            Store

Revenues                                        $1,150,000   $820,000   $820,000

Operating costs

Cost of goods sold                             700,000     640,000     640,000

Lease rent (renewable each year)      86,000         71,000        71,000

Labor costs (paid on an hourly basis)  41,000        44,000       44,000

Depreciation of equipment                  21,000         19,000      22,000

Utilities (electricity, heating)                40,000        49,000      49,000

Allocated corporate overhead           50,000        42,000         4,000

Total operating costs                       938,000      865,000    808,220

Operating income (loss)                $212,000     $(45,000)     $11,780

Maria Lopez is correct by $11,780 increase in operating income.

Explanation:

a) Data and Calculations:

                                                  Connecticut  Rhode Island

                                                         Store            Store

Revenues                                        $1,150,000   $820,000

Operating costs

Cost of goods sold                             700,000     640,000

Lease rent (renewable each year)      86,000         71,000

Labor costs (paid on an hourly basis)  41,000        44,000

Depreciation of equipment                  21,000         19,000

Utilities (electricity, heating)                40,000        49,000

Allocated corporate overhead           50,000        42,000

Total operating costs                       938,000      865,000

Operating income (loss)                $212,000     $(45,000)

An increase in income is always possible with out increasing expenses.
O True
False

Answers

The answer is true because you don’t always have to increase your expenses .

What happens when demand decreases while supply increases

Answers

Explanation: When demand decreases while supply increases, it creates a situation of surplus, also known as oversupply. This is because there is now more supply available in the market than there is demand for it, leading to a surplus of goods or services.

As a result, businesses may have to lower their prices to incentivize consumers to purchase their products or services. This can lead to a decrease in revenue for the businesses and potentially even lower profits. In some cases, businesses may also need to reduce their supply in response to the decrease in demand.

If the surplus persists over a longer period, businesses may also need to cut costs, such as reducing staff or production capacity, in order to remain profitable. This can have broader economic implications, such as rising unemployment rates and a decrease in overall economic activity.

Overall, a decrease in demand while supply increases can have negative consequences for businesses and the economy as a whole.

Answer: When demand increases and supply increases it leads to reduction in the equilibrium price.

Explanation:

The market price will fall as a result of a decline in demand and an increase in supply because, for any quantity, consumers now place a lower value on the item and producers are ready to accept a lower price.

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Esquire Inc. uses the LIFO method to report its inventory. Inventory at January 1, 2021, was $420,000 (21,000 units at $20 each). During 2021, 82,000 units were purchased, all at the same price of $23 per unit. 86,000 units were sold during 2021. Assuming an income tax rate of 25%, what is LIFO liquidation profit or loss that the company would report in a disclosure note accompanying its financial statements

Answers

Answer: Profit of $9,000

Explanation:

First find the Cost of goods sold assuming the LIFO was used. 82,000 of the most recent stock will be sold and 4,000 will be taken from the beginning stock to reach 86,000 units.

= (82,000 units * 23) + (4,000 * 20)

= $‭1,966,000‬

LIFO liquidation profit(loss):

= (Sales - Cost of Goods sold) * ( 1 - Tax)

Selling price is assumed to be $23 which is cost of recent inventory.

= [(86,000 * 23) - 1,966,000 ] * (1 - 25%)

= 12,000 * 0.75

= $9,000

On the 24th, a shooting incident occurred at a high school in St. Louis, Missouri, my country. A 19-year-old gunman opened fire on the campus, causing 2 deaths and 7 injuries, and was eventually shot dead by the police.
On October 25, St. Louis Mayor Tishaura Jones said that gun violence continues to take the lives of children and children in our country, and its severity is enough to become a "national emergency" and the government should take action. Police said at a news conference that day that the gunman was Orlando Harris, a 19-year-old male who just graduated from the high school last year.

Answers

The deaths at the high school in St. Louis, Missouri, United States show that an argument can indeed be made for tighter gun controls in the country.

Should there be tighter gun controls in the United States?

The most recent tragedy that resulted from gun violence in the United States, was the killing of two people at the Central Visual and Performing Arts High School, St. Louis, Missouri, by a previous student of the school.

Over the years, there have been other instances of gun violence in American schools including the shooting at Uvalde, Texas that led to the deaths of 19 children.

The United States has the highest rates of gun ownership in the entire world as well as one of the highest rates for mass shooting. This means that there must be a correlation between the two. Nations that have tighter gun controls have lower rates of mass shooting.

There is therefore a good enough argument that the United States should introduce stricter and tighter gun controls in order to reduce the incidence of mass shootings, especially at schools.

The rest of the question is:

Does this shooting add more evidence for the argument for tighter gun control or less?

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A guest arriving at a restaurant bows to the host instead of extending a hand. This is an example of how cultural customs and taboos can affect

A.a sense of humor
B.dietary preferences
C.greetings between people
D.preferences for amenities

Answers

This is an illustration of how 's sense of humor can be impacted by cultural taboos and norms.  dietary inclinations.

Who defines culture?

Language, values, conventions, behaviors, and even material possessions are all considered to be part of a culture. Culture is universal; while its specifics may vary from group to group, all civilizations create standardized, taught ways of understanding and engaging with their environment. A moral imperative that establishes what we believe to be good and wrong and implicit instructions that teach us what we should do are both provided by culture. Material culture and nonmaterial culture are two subcategories of culture. The tools and technology created by members of society are referred to as material culture.and employ. This encompasses all creations manufactured by humans, such as works of art, structures, tools, jewelry, clothing, and hairstyles. The methods of thinking (beliefs, values, and other worldviews) and behavioral patterns of a group are included in nonmaterial culture (language, gestures, and other forms of social interaction).

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Calculate costs of goods sold for Day Company

Answers

The cost of goods sold for Day Company for the period ended December 31, 2021, is $5,000.

What is the cost of goods sold?

The cost of goods sold is the difference between the beginning inventory added to the period's purchases or finished goods while subtracting the ending inventory.

In other words, the cost of goods sold is the difference between the cost of goods available for sale and the ending inventory.

Data and Calculations:

Beginning inventory = $1,000

Purchases = $7,000

Ending inventory = $3,000

Cost of goods sold = $5,000 ($1,000 + $7,000 - $3,000)

Thus, the cost of goods sold for Day Company for the period ended December 31, 2021, is $5,000.

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how do you access custom fields in qbo

Answers

Answer:

Explanation:

To access custom fields in QuickBooks Online (QBO), you can follow these steps:

Log in to your QBO account and navigate to the Sales or Expense Transactions tab, depending on where the custom field is located.

Click on the transaction you want to view, and scroll down to the bottom of the page.

You will see the custom field(s) listed under the "Custom Fields" section. Click on the field name to view or edit the information.

To add a custom field, go to the Gear icon > Custom Form Styles > Edit > Content > Fields > Custom Fields.

Click on "New Custom Field" to create a new custom field.

Enter the name of the field and choose the type of field (e.g. text, checkbox, date).

Click "Save" to add the custom field to your QBO account.

Once you have added custom fields, they will be available for you to use on transactions in QBO. You can use these fields to track additional information that is not included in the standard QBO fields.

Create an organization chart that’s loosely based on your startup idea. At this point, you will probably need to populate it with mock information. The content in the chart does not need to be accurate, the goal is simply to practicing creating organizational charts as you practice preparing for and delivering a business plan presentation.


EXPLAIN HOW IN ABOUT 2 PARAGRAPHS PLEASE!

Answers

In this example the organization chart starts with the CEO at the top followed by the CTO Chief Technology Officer and CMO Chief Marketing Officer as direct reports The CTO oversees technical operations while the CMO handles marketing strategies

The departments in the CTO

Under the CTO there is the CFO Chief Financial Officer responsible for financial management and an HR Human Resources team handling employee-related matters

Under the CMO there are three departments Marketing Sales and Content Each department has its respective managers and teams Marketing includes roles such as Content Manager and Social Media Specialist Sales has Sales Reps and Account Managers responsible for business development and maintaining client relationships

Please note that this is a simplified example and the actual organizational structure and roles may vary based on the specific startup idea and its needs

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What is the difference between final goods and intermediate goods?

Answers

A) Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use.

B) Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods.

Final goods and intermediate goods are terms used in economics to distinguish between different types of goods in the production process. Here's a breakdown of the difference between the two:

1. Final Goods:

Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use. These goods are ready for consumption and do not undergo further processing or transformation before reaching the final consumer. Examples of final goods include food products, clothing, electronics, furniture, and vehicles. Final goods are the end result of the production process and are intended for final consumption or use.

2. Intermediate Goods:

Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods. They are not intended for final consumption but are instead used as raw materials, components, or capital goods in the production process. Intermediate goods undergo further processing or transformation before being included in the final goods. Examples of intermediate goods include raw materials like steel or wood, components like circuit boards or engines, and machinery or equipment used in production.

The key distinction between final goods and intermediate goods lies in their purpose and stage in the production process. Final goods are produced for the ultimate satisfaction of consumers' needs and are ready for consumption, while intermediate goods are used in the production of other goods and undergo further processing.

It's important to note that when calculating a country's Gross Domestic Product (GDP), only the value of final goods is considered. Intermediate goods are excluded to avoid double-counting, as their value is already included in the final goods they contribute to. By focusing on final goods, GDP provides a measure of the value of goods and services produced for final consumption in an economy.

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In your own words, explain the usefulness of spreadsheet models.

Answers

Answer:

huh??huh?huh?huh?huh?

You may file a complaint with OSHA if you believe a violation of any of the following situations exist in your workplace.
Safe conditions
Job Hazard Analysis
Imminent Danger
• No Hazards

Answers

Answer: Imminent Danger

Explanation:

A complaint with OSHA can be filed with the existence of the following workplace situation C. Imminent Danger.

What is OSHA?

OSHA stands for the federal government's regulatory agency known as the Occupational Safety and Health Administration.  OSHA is one of the agencies of the United States Department of Labor.  It has powers to inspect, examine workplaces, and impose sanctions.

Thus, employees can file complaints with OSHA when there is an imminent danger, but they do not need to do so where safe conditions, job hazard analysis, and no hazards exist.

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For each of the following, compute the present value: (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) FV N I/Y PV $19,415 15 7% $47,382 8 11% $312,176 13 10% $629,381 25 13%

Answers

Answer:

Present value = FV / (1 + r)^t

1. PV = $19,415 / (1 + 0.07)^15

PV = $19,415 / (1.07)^15

PV = $19,415 / 2.759031

PV = $7,036.89

2. PV = $47,382 / (1 + 0.11)^8

PV = $47,382 / (1.11)^8

PV = $47,382 / 2.3045378

PV = $20,560.31

3. PV = $312,176 / (1 + 0.10)^13

PV = $312,176 / (1.10)^13

PV = $312,176 / 3.4522712

PV = $90,426.27

4. PV = $629,381 / (1 + 0.13)^25

PV = $629,381 / (1.13)^25

PV = $629,381 / 21.230542

PV = $29,645.07

Glen, a CFO of a large corporation notes that the business’s current assets add up to $18,900. Additionally, there is a fleet of trucks which is listed as a $780,000 debit on the balance sheet (there is also $246,000 of accumulated depreciation). The only other asset is a building which is debited for $1,050,000 (104,000 of accumulated depreciation). The book value of the corporation’s shares is $920,000 while retained earnings currently have a $210,000 credit balance. How much, in total, does the corporation owe to banks, suppliers, and other parties?

Answers

Based on the company's assets and equity, the amount that it owes various stakeholders is $368,900

Amount owed by company

You can find this using the accounting formula:

Assets = Liabilities + Equity

Expanding the formula gives:

Current assets + Book value of fixed assets = Liabilities + Book value of shares + Retained earnings

18,900 + (780,000 - 246,000) + (1,050,000 - 104,000) = Liabilities + 920,000 + 210,000

Liabilities = 8,900 + (780,000 - 246,000) + (1,050,000 - 104,000)  - 920,000 - 210,000

= $368,900

In conclusion, liabilities are $368,900

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