Answer:
A. Avoidable interest cost= $183,000
B. Dr Building 183, 000
Dr Interest expense 857,000
Cr Cash 1,040,000
Explanation:
A. Calculation to Determine the amount of interest to be capitalized in 2020 in relation to the construction of the building
Expenditure 2020 Average investment
Mar-01 $ 360,000 *10//12= 300,000
Jun-01 $ 600,000* 7//12=350,000
Jul-01 $ 1,500,000 *6//12= 750,000
Dec-01 $ 1,500,000 *1//12= 125,000
Total Average investment $1,525,000
Loans Issued Actual interest cost
12% to finance construction $ 3,000,000 12/31/19 $360,000
(12%*3,000,000=360,000)
13% bond $ 4,000,000 years ago $ 520,000
(13%*4,000,000=520,000)
10% bond $ 1,600,000 years ago $ 160,000
(10%*1,600,000)
Total $1,040,000
Average investment = $1,525,000
Avoidable interest cost = $1,525,000* 12%
Avoidable interest cost= $183,000
B. Preparation of the journal entry to record the capitalization of interest and the recognition of interest expense
31/12/2020
Dr Building 183, 000
Dr Interest expense 857,000
(1,040,000-183,000)
Cr Cash 1,040,000
Taisha operates equipment to transfer oil from one container to another. Her job title is best described as
Spencer manages the flow of electricity through substations and distribution lines. His job title is best described as
Mariko maintains cables and supporting structures for transmitting electricity. Her job title is best described as
Fred operates equipment to transfer hydrogen through pipelines. His job title is best described as
Answer:
she would be the pump opperater
Explanation:
Answer:pump operator
Power dispatcher
Electrical power-line repairer
Gas pumping station operator
Explanation:
As it relates to a formal business plan, the ________ defines how the company will generate revenue and produce a profit.
Answer:
capital , the reward of capital is profit
In the context of marketing management philosophies, a sales orientation aims at
Answer:
In the context of marketing management philosophies, a sales orientation aims at: Pushing manufacturers' products more aggressively to achieve high profits. A production orientation philosophy focuses on: Assessing the resources of a firm.
Question 2
Describe how your responses to the above questions would be different if you were farming in a market-based econom
Market-based economy, farmers would need to be more market-oriented, conduct extensive market research, and adapt their pricing strategies based on the specific dynamics of the agricultural market they operate in.
Factors to Consider for Pricing: In a market-based economy, the factors to consider for pricing would remain largely the same, including cost structure, competitive analysis, and customer demand elasticity. However, the competitive analysis becomes even more critical as farmers need to understand the pricing strategies of other farmers and agricultural businesses in the market.
They would also need to consider factors like market demand-supply dynamics, seasonal variations, and the impact of government policies or subsidies on pricing decisions. They would need to be responsive to changing market conditions and make informed decisions to stay competitive and sustainable in the marketplace.
Market Penetration Strategy: In a market-based economy, a market penetration strategy would still involve setting lower prices to gain market share. However, farmers would need to analyze market conditions, competition, and consumer behavior more closely.
They would need to assess the potential impact on their profitability and sustainability when adopting a market penetration strategy. Additionally, they may need to consider the long-term effects of pricing decisions on their reputation and relationships with buyers in the market.
Optimum Price and Output Level: Determining the optimum price and output level would require a more detailed analysis of market forces and dynamics. Farmers would need to consider factors like market demand, price trends, supply chain logistics, and potential risks or uncertainties in the market.
They would also need to evaluate the cost of production, economies of scale, and their own resource capabilities to make informed decisions about the optimal price and output level that maximize their profitability and competitiveness in the market.
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Who might an HR professional turn to for help in making good use of external
recruitment sources?
OA. A recruitment agency
OB. A corporate manager
OC. A guidance counselor
O D. An advertising firm
A recruitment agency is a source to which the HR professional turn to for help in making good use of external recruitment sources. Thus, option A is appropriate.
Identification, attraction, interviewing, selection, hiring, and onboarding of personnel are all included in the recruitment process. Put it another way, it covers everything from identifying a staffing requirement to meeting it. Various employees are in charge of recruiting, depending on the size of the company.
The entire process of finding, sourcing, screening, shortlisting, and interviewing people for positions within an organization is known as recruitment. The selection of candidates for unpaid positions is another step in the recruitment process.
Thus, option A is correct.
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What products do you think will increase in demand because of the 2020 election?
Answer:
you know the basics. masks, gloves, hand sanitizer, stuff like that
Explanation:
Do you disagree that “leaders are born, not made”?
Answer: I disagree
Explanation: everyone was born but not everyone is a leader. anyone can be born to do something but it is up to the person who they will become
Most modern workers _________.
a.
Will change their careers, but not their jobs
b.
Will change their jobs, but not their careers.
c.
Will change both their jobs and careers
d.
Will change neither their jobs nor their careers
Answer:
B. Will change both their jobs and careers
Explanation:
Internet made it really easy for people to access information , including new educations. Due to the abundant of information that the people can use, acquiring new skills and connections that required to change jobs became much Easier.
According to the data that recorded by the government, around 51% of modern workers change their jobs within 1-5 years period and around 30% workers change their careers every 12 months.
Answer:
c.
Will change both their jobs and careers
Explanation:
got it right on edge
The difference between the lower class limits of adjacent classes provides?
Answer:
C
Explanation:
students from the lowest income backgrounds are eligble for the
Pell Grants are available to students from low-income families in the following categories: Undergraduate students with financial need can apply for this federal grant, which is not repaid.
Who are students with low incomes?Students with low incomes come from families with annual incomes below 200% of the federal poverty line, or around $40,000, in the lowest 20% of families nationwide. The poverty line for a four-person family was $25,100 in January 2018. The poverty line varies based on the number of family members, with smaller families having a lower poverty line and larger families having a higher poverty line because they need more money to support all of their members.
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Reggie, who is 55, had AGI of $35,200 in 2022. During the year, he paid the following medical expenses:
Drugs (prescribed by physicians)
Marijuana (prescribed by physicians)
Health insurance premiums-after taxes
Doctors' fees
Eyeglasses
Over-the-counter drugs
$ 570
1,470
1,280
1,320
445
270
Required:
Reggie received $570 in 2022 for a portion of the doctors' fees from his insurance. What is Reggie's medical expense deduction?
Reggie's medical expense deduction is $7,276.
AGI, or adjusted gross income, is a person's total income minus certain deductions and is used to calculate taxable income.
Reggie, who is 55 years old, had an AGI of $35,200 in 2022. During the year, he incurred the following medical expenses:
Drugs (prescribed by physicians): $5,701
Marijuana (prescribed by physicians): $1,470
Health insurance premiums-after taxes: $1,280
Doctors' fees: $1,320
Eyeglasses: $445
Over-the-counter drugs: $270
Reggie was reimbursed $570 by his insurance company for a portion of the doctors' fees. To calculate his medical expense deduction, we first need to subtract any reimbursements from his total medical expenses.
Total medical expenses: $5,701 + $1,470 + $1,280 + $1,320 + $445 + $270 = $10,486
Reimbursements: $570
Medical expenses after reimbursements: $10,486 - $570 = $9,916
To claim a medical expense deduction, the expenses must exceed a certain percentage of AGI, which varies depending on the taxpayer's age. For taxpayers who are 65 or younger, the threshold is 7.5% of AGI. For taxpayers who are over 65, the threshold is 7%.
Since Reggie is 55 years old, the threshold is 7.5% of his AGI or $35,200 x 0.075 = $2,640.
Therefore, Reggie can deduct the portion of his medical expenses that exceed $2,640.
Amount of medical expenses that exceed the threshold: $9,916 - $2,640 = $7,276
Therefore, Reggie's medical expense deduction is $7,276.
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It is possible for an increase in minimum wage to increase the number of workers hired in a competitive labor market, but not in a monopsony setting. True False
It is possible for an increase in minimum wage to increase the number of workers hired in a competitive labor market, but not in a monopsony setting. False, it is possible for a Monopsony to hired more workers but the workers are hired at the same minimum wage as before the rise in minimum wages. A monopsony, as compared to a perfectly competitive firm, pays a lower wage and hires more labor.
What is a Monopsony?A labor market in which there is only one firm demanding labor is called a monopsony.
A monopsonist is the sole demander of the labor in the market, the monopsonist's demand for labor is the market demand for labor.
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a good member of a business social network community is expected to take which of the following actions?
a good member of a business social network community is expected to take assist others when asked.
A community is a group of people who share a common setting, set of rules, religion, set of beliefs, set of values, or set of traditions. Through communication platforms, communities can share a sense of place that is located in a particular geographical location or in virtual space. living together in a bigger community is a group of individuals who share a common trait or interest. a neighbourhood for the elderly. a group of people with similar interests, particularly those related to their professions, dispersed among a greater society. A community is just a collection of individuals who share a similar location or trait. Individuals who live in the same area, work at the same firm, or attend the same school together are the types of people we most frequently associate with the word "community."
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Which measure of central tendency is affected by outliers?
The measure of central tendency that is most affected by outliers is the mean.
The mean is calculated by summing all the values in a dataset and dividing it by the number of data points. However, if there are outliers present in the dataset, which are extreme values that significantly differ from the rest of the data, they can heavily influence the mean.
Outliers have a disproportionate impact on the mean because they contribute to the sum of the values and can pull the mean towards their extreme values.
In summary, while the mean is more susceptible to the influence of outliers, the median and mode are more resistant to their impact and often provide more reliable measures of central tendency in such cases.
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An office's computers are connected in a mesh topology. How many cables are required to connect four computers to each other?
Give us an example of a marketing brief you admired for a recent marketing project or program? Elaboratively discuss importance of 4 P's in the same
Product, pricing, place, and promotion make up the four Ps. They serve as an illustration of a "marketing mix," or the collection of tools and techniques utilized by marketers to accomplish their marketing goals.
A website is an illustration of a marketing project. The website could be a component of a marketing effort that conveys a consistent message for a new product launch. A press release, a social media post, and an email could all be additional campaign projects.
The marketing mix, which includes the four Ps of marketing (product, pricing, place, and promotion), is frequently used. These are the main factors that go into creating and promoting a good or service, and they interact heavily.
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Herb calalang manages a local roofing company. Herb often returns clients phone call a in his car when he and his employee are listing to rowdy talk radio shows
If Herb calalang manages a local roofing company. Herb often returns clients phone call a in his car when he and his employee are listing to rowdy talk radio shows. Herb's behavior is: Unprofessional.
What is unprofessional?Unprofessional can be defined as the way in which an employee does not act in a professional way or manner.
Based on the given scenario Herb lack work professionalism or was acting unprofessional based on the fact that he often returns clients phone call a in his car when he and his employee are listing to rowdy talk radio shows.
Therefore Herb's behavior is: Unprofessional.
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Land originally purchased for $27,500 is sold for $74,987 in cash what is the effect of the sale on the accounting equation
The effect of the sale on the accounting equation is an increase in assets by $47,487 and an equal increase in equity.
In the given scenario, when land originally purchased for $27,500 is sold for $74,987 in cash, the effect on the accounting equation can be described as follows:
Assets: The land is an asset, and its original value of $27,500 is removed from the asset side of the equation. Additionally, the cash received from the sale, which is $74,987, is added to the asset side. Therefore, the net effect on assets is an increase of $74,987 - $27,500 = $47,487.
Liabilities: The sale of land does not directly impact the liabilities side of the equation. Liabilities represent the debts and obligations of the company, such as loans or accounts payable. Unless there are specific liabilities related to the land, they would remain unchanged in this transaction.
Equity: Equity represents the owner's interest in the company and is calculated as assets minus liabilities. Since the transaction does not impact liabilities, the effect on equity is equal to the effect on assets. Therefore, the equity increases by $47,487.
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Insurance companies create a pool of funds to handle
Orisk
O gain
Oloss
O safety
10
Answer:
A) risk
Explanation:
An insurance company creates a pool of funds to handle risk. This helps to protect the company financially if there are more claims than expected.
100 POINTS PLZ HELP
Career and Technical Student Organizations: Tutorial
Choosing a Professional Organization
This activity will help you meet these educational goals:
Content Standards— You will research and choose a professional organization for your chosen career path.
Inquiry—You will conduct online research in which you will collect information and communicate your results in written form.
21st Century Skills — You will use critical-thinking and problem-solving skills.
Directions
Read the instructions for this self-checked activity. Type in your response to each question, and check your answers. At the end of the activity, write a brief evaluation of your work.
Activity
Identify three professional organizations for your chosen career via Internet research. Describe the membership requirements, as well as any certifications that the organization might offer. Why would you join the organization? What are the benefits of joining it? What are the drawbacks? Do you have to get any certifications? Identify the one organization that you believe would be the best for a professional entering the field in that chosen career cluster, and explain why.
Answer:
Hydrologist
Architect
Naval architect
Architectural or civil drafter
Materials lab and supply technician
Explanation:
Answer:
PLATO/edmentum sample answer :)
Explanation:
I have conducted an online research and identified three professional organizations for my chosen career path of finance and insurance. The organizations are as follows.
International Cost Estimating and Analysis Association (ICEAA): This association is a non-profit organization that has not only national chapters but also international ones. It fosters the professional growth of its members and has open membership for students, professionals, and government employees. It offers a certification program that could train you to become a Certified Cost Estimator/Analyst. This certification program consists of two parts. However, one needs five years of cost experience and a bachelor’s degree. A benefit of joining this program is that members can get international exposure because of the presence of international chapters.
International Association of Insurance Professionals: This association provides a platform for people who want to establish a career in insurance. This professional association is open to all individuals in the insurance and risk management industries. It offers various programs for entry-level professionals and for those who want to continue their education. One of the most popular certifications it offers is the Certified Leadership Program (CLP). This program has four modules, with papers ranging from strategic planning to self-leadership. The benefits of joining this organization are that it provides mentoring opportunities, has various educational programs and certifications, and—most important—offers partnerships with other business organizations that could prove beneficial in the long run.
Government Finance Officers Association (GFOA): This organization has an open membership for those moving toward government financial management. It has comprehensive resources and updates its members on accounting standards such as GAAP and the Code of Professional Ethics. The Certified Public Finance Officers Program is the certification that GFOA offers. This self-study program tests your knowledge of government finance. It is a series of five examinations that receives technical support from Radford University. The benefit of joining this organization is that it provides internships and scholarships for students. Because of this benefit, I think GFOA is the best organization for providing guidance and support to students and professionals entering the Finance career cluster.
For each situation below, state whether it is an example of the income effect changing quantity demanded or an example of a change in income shifting demand.
a. The mean income in Detroit rises and people purchase more homes. _______________
b. The price of frozen pizza decreases, making frozen pizza more popular among college students. ______________
c. A recession forces many people out of work and more people purchase ramen noodles than before. ____________
d. An increase in the price of game consoles decreases sales, as fewer people can afford them. _______________
The following are examples of the the income effect changing quantity demanded :
The price of frozen pizza decreases, making frozen pizza more popular among college students.An increase in the price of game consoles decreases sales, as fewer people can afford themThe following are examples of a change in income shifting demand:
The mean income in Detroit rises and people purchase more homes.A recession forces many people out of work and more people purchase ramen noodles than before.The income effect leading to a change in quantity demanded arises when a change in the price of the good changes. Here purchasing power changes yet money income remains constant. The income effect leads to movement among the demand curve for the good.
A change in income that leads to a shift in demand occurs when there is a change in income leading to either an outward or inward shift of the demand curve.
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2. What are the ways of forecasting cost of sales?
a. cost of materials
b. cost of labor
c. cost of overhead
d. all of the choices
Answer:
d. all of the choices
Explanation:
Cost of Goods sold = Cost of material purchased + Conversion cost
And
Conversion cost hereby includes Direct labor cost and other production overheads directly attributable to the Goods sold.
So, The correct option is - d. all of the choices
At the end of the car model year, what source of financing for a new car would probably have the best terms? Select only one answer.
1.) a collateral loan from a bank
2.) a collateral loan from the car company
3.) a home equity loan
4.) revolving credit line
The source of financing for a new car would probably have the best terms is a collateral loan from a bank. Thus, option first is correct.
Why do lenders ask for collateral while lending?Collateral is an asset or kind of tangible wealth owned by the borrower, such as a home, cattle, or automobile. Banks make loans to borrowers on the basis of these assets. The collateral acts as a kind of security for the lender.
Banks are one of the most common forms of automobile finance, with around 40% of all car purchasers obtaining a loan from them. Because each bank analyzes risk differently, interest rates might vary significantly.
A bank collateral loan would most likely offer the finest conditions for financing a new automobile. As a result, option one is correct.
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now imagine that there is a bumper coffee bean crop in south america that lowers price of coffee beans such that market supply increases by 50% at every price. calculate this and report the new market supply in in column l in cells l2 through l17. this column is titled new market supply
The impact of a bumper coffee bean crop in South America that lowers the price of coffee beans and increases the market supply by 50% at every of supply and demand.
If the supply of coffee beans increases dramatically, it is likely that the price will decrease. This is because the increased supply will create an excess of coffee beans in the market supply , and suppliers will need to reduce their prices to sell the surplus. On the demand side, a decrease in the price of coffee beans may attract new consumers who were previously deterred by the higher price. However, it may also discourage existing consumers who are accustomed to paying a higher price for the product. Overall, the change in the market supply will depend on the balance between the increase in supply and the shift in demand. If the increase in supply is greater than the shift in demand, the market will experience a surplus, and prices will decrease further. If the shift in demand is greater than the increase in supply, the market will experience a shortage, and prices will increase.
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The complete Question is:
What is the impact on the coffee bean market when there is a bumper crop in South America?
The CEO is interested in learning more about probability and how it works. The CEO is also asking about how probability and analytics can be integrated into the business model. In the process of looking for information on probability, you find that it is important to understand optimization and forecasting and how they can be applied to benefit the business. Do some research and present the results for the CEO. The following is the necessary information to complete this lab assignment. Deliverables Step 2: Probability Research • Considering the CEO's request, you determine that some research needs to take place. • Define the following terms for the CEO and locate some chart examples of each type of analysis. o Probability o Optimization o Forecasting Step 3: Integrating Data Research for Business • In one to two paragraphs, discuss what role probability and statistics play in business decisions. • In one to two paragraphs, discuss any ethical considerations when doing probability. • Summarize by explaining why probability is a good method for the CEO to consider.
Step 2: Probability Research Probability, Optimization, Forecasting.
Step 3: Integrating Data Research for Business.
Probability:
Probability is a branch of mathematics that deals with the likelihood of events occurring. It is a measure of uncertainty and is expressed as a number between 0 and 1, where 0 represents impossibility and 1 represents certainty.
Optimization:
Optimization involves finding the best possible solution from a set of alternatives. It aims to maximize desired outcomes or minimize undesirable ones, considering constraints and objectives.
Forecasting:
Forecasting is the process of predicting future events or outcomes based on historical data and statistical models. It helps businesses anticipate demand patterns, market trends, and other factors that can influence decision-making.
Step 3: Integrating Data Research for Business
Probability and statistics play a crucial role in business decisions. They provide a framework for analyzing and interpreting data, assessing risks, making predictions, and supporting evidence-based decision-making.
When working with probability, ethical considerations are important. It is essential to ensure that data used in probability analysis is collected ethically, respects privacy and confidentiality, and adheres to relevant legal and regulatory requirements.
Probability is a valuable method for the CEO to consider because it provides a systematic and quantitative approach to analyzing uncertainty and making informed decisions.
By integrating probability into the business model, the CEO can better understand risks, optimize resource allocation, improve forecasting accuracy, and ultimately enhance strategic decision-making and business performance.
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an audit should be designed to obtain reasonable assurance of detecting material misstatements due to:
An audit should be designed to obtain reasonable assurance of detecting material misstatements due to fraud, infractions of the law, and mistakes that have a direct impact on the financial statement amounts.
The audit should be planned by the auditors to provide them a reasonable certainty that they will find any major misstatements brought on by failure to comply with a contract or grant agreement clauses that directly and materially affect the amounts reported in the financial statements.
The purpose of an audit should be to provide a fair level of certainty that fraud and major errors in the financial statements will be found. Although an auditor shouldn't assume that management is dishonest, it must be taken into account that it might be the case.
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One reason why firms might want to pursue a strategic alliance strategy is to exploit
economies of scale. Exploiting economies of scale should reduce firm’s costs. Does this
mean that a firm pursuing an alliance strategy to exploit economies of scale is actually
pursuing a cost leadership strategy? Why or why not? Support your answer
So, a strategic alliance may benefit the combined group in two ways: one, it will enable them to target larger clients without facing significant rivalry
Economies of scale, which are commonly assessed by the quantity of product provided per unit of time, seem to be the cost savings that businesses gain as a result of the significant scale of the economy.
In order to lower manufacturing costs, economies of scale is the method of producing any good at a very high volume. Strategic alliances allow two businesses to more effectively merge their operations.
It will enable them to lower costs through economies of scale. Additional benefits of economies of scale include lower prices for goods or cost focus in the marketplace.
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What is the term for the illegal practice of using special
knowledge about a firm for profit or gain?
Answer:
Insider trading.Explanation:
Illegal practice of using special knowledge about a firm for profit or gain is called insider trading
(5 points)
Willie's Hot Dogs had sales last year of $250,300 and a guest count of 76,079.
Sales this year were $280,750 with a guest count of 83,556.
What was Willie's guest count percentage variance?
Willie's guest count percentage variance is 9.82%.
How to calculate guest count percentageTo calculate the guest count percentage variance
Use the following formula:
Guest count percentage variance = [(current year guest count - prior year guest count) / prior year guest count] x 100%
Guest count percentage variance = [(83,556 - 76,079) / 76,079] x 100%
Guest count percentage variance = (7,477 / 76,079) x 100%
Guest count percentage variance = 0.0982 x 100%
Guest count percentage variance = 9.82%
Therefore, Willie's guest count percentage variance is 9.82%.
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What do most companies do when they look to provide an offering to global markets?
Your
1) inform their competitors of their move to a global market
You do
2) send a memo to their internal employees
one op
3) adjust the offering to meet the needs of various other buyers around the globe
4) hold a press conference to answer media questions about selling the offering globally.
Making an adjustment to the offerings to meet the needs of various other buyers around the globe is done by most of the companies when they look to provide an offering to global markets. Therefore, the option 3 holds true.
What is the significance of global markets?Global markets can be referred to or considered as the relevant market for a business organization or a firm that deals in products or services such that their consumption is at a global level, and two or more countries or continents at large.
When companies require access to the global markets for expansion, they have to keep in mind the needs and demands of different kinds of buyers around the globe too, so that they have an opportunity to attract customers around the globe.
Therefore, the option 3 holds true and states regarding the significance of global markets.
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