A borrower who is unable to make loan payments on a property may start a voluntary foreclosure process in an effort to forego additional payments, avoid an involuntary foreclosure, and escape eviction.
If a borrower's mortgage is considerably underwater, they may select this option.
is distinct from an involuntary foreclosure, which is started by the lending company to seize ownership of a home to make up for its losses and is often the last resort for debtors who are unable to make loan payments.
For both residential and commercial properties, borrowers may request a voluntary foreclosure from a bank or other lending institution.A borrower who is unable to make loan payments on a voluntary foreclosure is started then.
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can someone help? it's accounting !
Answer: i cant see
Explanation:
Please help me the due date is tomorrow!!!
-Find one business/company
- Assess the company
i company background
ii company operation
iii ethical decision/operation taken by the company
iv assess the advantage and disadvantage
Sure, I can help you with that! Here is an assessment of Tesla, Inc. based on the criteria you provided:
i. Company background:
Tesla, Inc. is an American electric vehicle and clean energy company founded in 2003 by Elon Musk, JB Straubel, Martin Eberhard, Marc Tarpenning, and Ian Wright. Tesla designs and manufactures electric cars, battery storage systems, and solar panels. The company is headquartered in Palo Alto, California, and has manufacturing facilities in California, Nevada, New York, and China.
ii. Company operation:
Tesla's operations primarily revolve around the production of electric vehicles and energy storage solutions. The company has a strong focus on innovation and sustainability, and it aims to accelerate the world's transition to sustainable energy. Tesla produces several models of electric cars, including the Model S, Model X, Model 3, and Model Y. The company also sells solar panels and battery storage systems for homes and businesses.
iii. Ethical decisions/operations taken by the company:
Tesla has made several ethical decisions and operations in recent years. For example, the company has committed to sourcing all of its raw materials from sustainable sources and has implemented recycling programs to reduce waste. Additionally, Tesla has made a significant commitment to worker safety and has invested in developing advanced safety systems for its vehicles. The company has also been vocal about its support for climate action and has pledged to reduce its carbon footprint.
iv. Advantages and disadvantages:
Advantages:
Tesla is a leader in the electric vehicle market and has a strong brand reputation for innovation and sustainability.
The company's focus on sustainability has helped it attract customers who are interested in reducing their carbon footprint.
Tesla's energy storage solutions have the potential to help reduce dependence on fossil fuels.
Disadvantages:
Tesla faces significant competition from other electric vehicle manufacturers.
The high cost of Tesla's vehicles may limit the company's market reach.
The company's reliance on battery technology may pose challenges in terms of supply chain and availability of raw materials.
Overall, Tesla is a company with a strong commitment to sustainability and innovation, and it has the potential to play a significant role in reducing the world's carbon footprint. However, the company also faces challenges and limitations that may impact its future success.
Bonita sells softball equipment. On November 14, they shipped $2950 worth of softball uniforms to Palos Middle School, terms 2/10, n/30. On November 21, they received an order from Tinley High School for $1620 worth of custom printed bats to be produced in December. On November 30, Palos Middle School returned $350 of defective merchandise. Bonita has received no payments from either school as of month end. What amount will be recognized as net accounts receivable on the balance sheet as of November 30
The amount recognized as net accounts receivable on the balance sheet as of November 30 is: $2600. The correct optin is B
Bonita sells softball equipment and had two transactions in November. On November 14, they shipped $2950 worth of softball uniforms to Palos Middle School with terms 2/10, n/30. On November 21, they received an order from Tinley High School for $1620 worth of custom printed bats to be produced in December. On November 30, Palos Middle School returned $350 of defective merchandise. No payments have been received from either school as of month end.
To calculate the net accounts receivable on the balance sheet as of November 30, we need to consider the value of the shipments made and the returns received. The total value of the shipment to Palos Middle School was $2950. However, they returned $350 worth of defective merchandise, so the net value of the shipment is $2950 - $350 = $2600. Since the order for Tinley High School is to be produced in December, it does not affect the accounts receivable for November.
Therefore, the amount recognized as net accounts receivable on the balance sheet as of November 30 is $2600 (option b).
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Complete question:
Bonita sells softball equipment. On November 14, they shipped $ 2950 worth of softball uniforms to Palos Middle School, terms 2/10./30. On November 21, they received an order from Tinley High School for $ 1620 worth of custom printed bats to be produced in December. On November 30, Palos Middle School returned $ 350 of defective merchandise. Bonita has received no payments from either school as of month end. What amount will be recognized as net accounts receivable on the balance sheet as of November 30?
a. $ 4220
b. $ 2600
c. $2950
d. $ 4570
marcela's mini pizzas tries to offer higher-quality food products, more product variety, and wider distribution than its competitors do. what business strategy is marcela's mini pizzas pursuing?
A) Differentiation strategy
B) Concentration strategy
C) Conglomerate diversification
D) Vertical integration
E) Lateral diversification
Marcela's Mini Pizzas is pursuing a differentiation strategy. A differentiation strategy is a business strategy that aims to offer unique and higher-quality products and services than its competitors in order to attract customers and stand out in the market.
The focus of this strategy is on creating a unique value proposition that sets the business apart from its competitors. Marcela's Mini Pizzas is attempting to differentiate themselves from their competitors by offering higher-quality food products. This means that they are using higher quality ingredients and putting more effort into the preparation of their pizzas than their competitors. By doing this, they are hoping to attract customers who are willing to pay a premium for better quality food.
In addition to offering higher-quality food products, Marcela's Mini Pizzas is also trying to offer more product variety than their competitors. This means that they are offering a wider range of toppings, sauces, and crusts to appeal to a wider range of customers. By doing this, they are hoping to attract customers who are looking for more variety in their pizza options.
Finally, Marcela's Mini Pizzas is pursuing a wider distribution strategy than its competitors. This means that they are trying to make their pizzas available in more locations than their competitors. By doing this, they are hoping to reach a wider range of customers and make it easier for people to access their unique and high-quality pizza products.
Overall, Marcela's Mini Pizzas is pursuing a differentiation strategy that is focused on offering unique and high-quality products, more product variety, and wider distribution than its competitors. By doing this, they are hoping to stand out in the market and attract customers who are willing to pay a premium for their products. This strategy is risky as it can be expensive to produce high-quality products, but it can also be very rewarding if done correctly.
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the role of an art director is to multiple choice create the words and concepts for ads and commercials. determine the design and look and feel of the ad. take ultimate responsibility for the creative product and final ad. develop the verbal message and the copy within a print ad. act as the head of a creative team of agency copywriters and artists.
Take ultimate responsibility for the creative product and final ad is the role of an art director. Hence, option C is correct.
What is art director?
Art directors choose which photographs, pieces of art, or other design elements to employ. Art directors provide the visual style and images that are utilized in periodicals, newspapers, commercial packaging, and film and television productions. They create the overall plan and provide guidance to others who create the artwork or layouts.
A "art director" is a professional who makes up a creative team in an advertising agency, similar to a "copywriter." However, in the context of design, it alludes to a hierarchical level and the leader of a team of designers.
Thus, option C is correct.
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2. A closer estimate of the total cost can be made by including the estimated sales tax. Use a formula to
calculate the estimated cost for July 2014 using 7% sales tax. Then, write the formula you used and the
estimated cost in the cell below. Hint: Convert 7% into a decimal for the formula. (5 points)
Answer:
=([Cost] * 1.07)
Explanation:
The question has missing details.
The complete question is to calculate write a Microsoft Excel formula that calculates the total cost which includes the sales tax
Assume that the table heading for estimated cost in July 2014 is Cost
The formula to calculated the total cost which includes the sales tax is:
=([Cost] * 1.07)
The above uses structured reference to make reference to the cost in July 2014.
To calculate the total which includes sales tax, we use:
\(Total = Cost * (1 + Sales\ Tax)\)
\(Total = Cost * (1 + 7\%)\)
Convert percentage to decimal
\(Total = Cost * (1 + 0.07)\)
\(Total = Cost * 1.07\)
Hence, the Excel equivalent is:
=([Cost] * 1.07)
Answer:
=([Cost] * 1.07)
Explanation:
The complete question is to calculate write a Microsoft Excel formula that calculates the total cost which includes the sales tax
Assume that the table heading for estimated cost in July 2014 is Cost
The formula to calculated the total cost which includes the sales tax is:
=([Cost] * 1.07)
The above uses structured reference to make reference to the cost in July 2014.
To calculate the total which includes sales tax, we use:
Total = Cost x ( 1 + Sales Tax )
Total = Cost x ( 1 + 7% )
Convert percentage to decimal
Total = cost x ( 1 + 0.07 )
Total = Cost x 1.07
Hence, the Excel equivalent is:
=([Cost] * 1.07)
Plz mark as brainlist..
zola is an online company that helps people with the complex task of planning a wedding. multiple vendors are recommended for things like flowers, caterers, wedding gowns, and more. through zola, a couple can establish a website that acts as a registry. once the couple is married, the website directs them to another site having to do with beginning married life. what type of utilities is this site providing to its users?
The type of utilities is this site providing to its users is service and information
What are utility?Water, electricity, and gas utilities are fundamental services that are crucial to the development of the economy and society. Effective poverty eradication requires reliable utilities. Governments are ultimately in charge of ensuring dependable, all-inclusive service access within responsible regulatory frameworks. In recent years, increased competition in the utilities sector has necessitated changes to enterprise ownership structures, regulatory frameworks, and business diversification.
In this case, Zola is an online company that helps people with the complex task of planning a wedding. multiple vendors are recommended for things like flowers, caterers, wedding gowns, and more. through zola, a couple can establish a website that acts as a registry. This illustrates service and communication.
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which of the following statements is most accurate? question 5 options: high income countries spend much less on subsidies to their own farmers as they do on aid to poor countries. high income countries spend about the same amount on subsidies to their own farmers as they do on aid to poor countries. high income countries spend slightly more on subsidies to their own farmers as they do on aid to poor countries. high income countries spend slightly less on subsidies to their own farmers as they do on aid to poor countries. high income countries spend much more on subsidies to their own farmers than on aid to poor countries.
The most accurate statement is "high income countries spend much more on subsidies to their own farmers than on aid to poor countries". The correct option is A.
Subsidies refer to financial assistance or benefits provided by the government to individuals or organizations, usually in the form of cash, tax breaks, or other incentives. Subsidies are often given to promote certain economic activities, such as agriculture, renewable energy, or small businesses, or to assist groups that are deemed to be in need of help, such as low-income families or disadvantaged regions.
That's the reason, high income countries spend much more on subsidies to their own farmers than on aid to poor countries that many high income countries provide substantial subsidies to their domestic agricultural producers in order to promote food security and maintain stable agricultural industries.
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Which of the following influences the price elasticity of demand?
1. percentage of a consumer's budget
2. amount of time available to adjust to price changes
3. number and availability of substitutes
4. all of the above
-
thank you!!
Explanation:
1. percentage of a consumer's budget
The given factor that determines the price elasticity of demand is 3. number and availability of substitutes.
What determines price elasticity of demand?The price elasticity of demand refers to how much demand can change as a result of a change in price.
If a good has several available substitutes, it would have a higher price elasticity of demand because people who switch to other products if prices rise.
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Clearly answer the following questions. Explain your answers in detail.
a) How does forecasting lead to an increase in profit of an organization? Explain your answer by giving an example.
b) State three advantages of forecasting within an organization.
c) What are the tactics for Matching Capacity to Demand when capacity exceeds demand?
Notes about the assessment:
• Your paragraphs should be well organized with appropriate format and relevant content.
• Plagiarism is not allowed (You need to paraphrase the content from your sources)
• Please do not Copy and Paste from any sources You should answer in your own words.
a) Forecasting leads to an increase in profit of an organization in various ways. For instance, forecasting helps businesses to prepare for future needs and potential opportunities. In this regard, the organizations can allocate their resources such as labor, raw materials, and capital effectively. This, in turn, reduces wastage, increases efficiency, and lowers the costs of production.
Example: Suppose the forecast shows that demand for product X will increase in the coming year. The organization can then decide to increase production to meet the anticipated demand. This may lead to an increase in the organization's sales revenue, consequently leading to an increase in profit.
b) The advantages of forecasting within an organization include:
Better planningRisk managementImproved decision makingc) There are various tactics for matching capacity to demand when capacity exceeds demand. They include:
Increase marketing effortsDiversify product or service offeringsAdjust pricingForecasting leads to an increase in profit of an organization as it helps the organization to prepare for the future and make informed decisions. It enables organizations to plan ahead and avoid unnecessary costs, thereby increasing profits. For example, a manufacturing company can use forecasting to predict the demand for its products in the future and plan its production accordingly. This helps the company to avoid overproduction or underproduction, reduce wastage, and save on costs, leading to increased profits.
The three advantages of forecasting within an organization are:
Better planning: Forecasting helps organizations to plan better by providing them with insights into the future. This enables organizations to allocate resources efficiently and make informed decisions that help them achieve their goals.Risk management: Forecasting helps organizations to manage risks by identifying potential risks and taking proactive measures to mitigate them. This reduces the impact of risks on the organization and helps them to stay competitive in the market.Improved decision making: Forecasting provides organizations with accurate information about the future, which enables them to make informed decisions. This reduces the likelihood of making wrong decisions, thereby increasing the chances of success.The tactics for matching capacity to demand when capacity exceeds demand are:
Increase marketing efforts: Organizations can increase their marketing efforts to attract more customers and increase demand for their products or services. This can be done by offering discounts, promotions, or improving the quality of their products or services.Diversify product or service offerings: Organizations can diversify their product or service offerings to attract a wider customer base and increase demand. This can be done by introducing new products or services that cater to different market segments.Adjust pricing: Organizations can adjust their pricing strategy to match demand by reducing prices during periods of low demand to attract more customers and increase sales. Conversely, they can increase prices during periods of high demand to maximize profits.Learn more about Forecasting: https://brainly.com/question/21445581
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8300 dollars is placed in an account with an annual interest rate of 6. 5%. How much will be in the account after 14 years, to the nearest cent?.
The amount in the bank after the period of 14 years at 6.5 % interest is $15,853.
The interest is the amount that is paid by the party at the annual rate of interest for a given period on the principal amount.
Computation for Amount after 14 yearsThe interest (I) added to the amount is given as:
\(I=\dfrac{P\;\times\;R\;\times\;T}{100}\)
The given principal amount, \(P=8300\;\\)
The rate of interest is, \(R=6.5\;\%\)
The time for the interest is, \(T=14\;\rm years\)
Substituting the values for the interest,
\(I=\dfrac{8300\;\times\;6.5\;\times\;14}{100}\\ I=7553\; \\)
The amount of interest added to the base amount after 14 years is, $7553.
The total amount in the account after 14 years is:
\(\rm Total\;amount=Principal\;amount\;+\;Interest\\\\Total\;amount=8300\;+\;7553\;\$ \\\\Total amount=15,853\;\\)
The amount in the bank after the period of 14 years at 6.5 % interest is $15,853.
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Which of the following is an intangible noncurrent asset?
Answer:
Trademark
Explanation:
influences of Business environment,
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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providing incentives to employees to motivate them toward achieving organizational objectives relates to the management function of
Providing incentives to employees to motivate them toward achieving organizational objectives relates to the management function of employee motivation and rewards.
The management function of employee motivation and rewards involves creating strategies and systems to encourage and incentivize employees to perform at their best and achieve organizational objectives. By providing incentives, such as monetary rewards, recognition, career advancement opportunities, or additional benefits, managers aim to increase employee engagement, job satisfaction, and productivity. These incentives can be tailored to align with individual and team goals, creating a sense of purpose and motivating employees to contribute their skills and efforts toward the success of the organization. Effective employee motivation and reward systems contribute to a positive work environment, improved performance, and the attainment of organizational objectives.
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what source of information is most useful for telling you whether a company is worth investing in
Investors can find information about a company's financial status, prospects for the future, and past performance in corporate filings. This kind of data is necessary for you to determine whether particular stocks, bonds, or mutual funds are wise investments.
Stocks are a sort of instrument that represent a holder's portion of a company and are frequently referred to as equity. As a result, the investors in that proportion own the company's assets and profits. Companies raise money by selling stock in order to finance future growth. The majority of stock transactions occur on stock exchanges like the New York Stock Exchange, while it is also possible to trade equities privately (or NYSE). Even though the bond market is larger, the stock market attracts more media attention. In terms of return over time, historically, stocks have outperformed other investment types. The Securities Exchange Commission (SEC), which ensures the fair and effective operation of the securities markets, regulates stock trading in order to protect investors.
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Tina, a sales manager, is interviewing a worker who applied for a sales job. She likes the applicant so much that she says, "This is a great place to work. If you are loyal to us, we will be loyal to you, and you can count on a job here." Phil, the HR manager, learns what Tina said. He asks her not to make this kind of statement again. What reason best explains why Tina's comment was unwise?
The reason why the comment by Tina was unwise was because A. Tina's statement could be taken as an implied contract to keep the worker in future, making it hard to dismiss the worker if problems arise.
Why should Tina not have said that?Tina essentially gave the applicant an implied contract because she gave the applicant terms that they needed to abide by in order to get the job and to keep it.
Those terms revolved around loyalty. This means that if the company needed to dismiss the worker in future, the worker could go to court and argue that they deserve to keep their job because they have given the loyalty that was a requisite according to Tina.
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Answer:
Tina's statement could be taken as an implied contract to keep the worker in the future making it hard to dismiss the worker if problems arise
Patient satisfaction with va care and services is often reported to be at what percentage?.
Your highness, caught you sippin' on lean
Reminds me that's how it's supposed to be
Explanation:
Compute cost of goods sold using the following information: $ 10 points Finished goods inventory, beginning Cost of goods manufactured Finished goods inventory, ending 600 7,800 1,150 eBook Hint Cost of Goods Sold is Computed as: Beginning finished goods inventory Print References Cost of goods sold 0 Check my work Compute the total manufacturing cost for a manufacturer with the following information for the month. 10 points Raw materials purchased Direct materials used Direct labor used Factory supervisor salary Salesperson commissions Depreciation expense-Factory building Depreciation expense-Delivery equipment Indirect materials $ 42,400 62,750 16,400 12,000 6,600 3,900 3,000 1,350 eBook Hint Print References Total Manufacturing Cost is Computed as: 1 $ 62,750 Direct materials used in production Direct labor used in production Factory overhead used in production 16.400 Total manufacturing costs $ 79,150
The cost of goods sold is $7,250 and the total manufacturing cost is $108,000.
To compute the cost of goods sold (COGS) and total manufacturing cost, we can use the given information
For the cost of goods sold (COGS)
Beginning finished goods inventory: $600
Cost of goods manufactured: $7,800
Ending finished goods inventory: $1,150
COGS = Beginning finished goods inventory + Cost of goods manufactured - Ending finished goods inventory
= $600 + $7,800 - $1,150
= $7,250
Therefore, the cost of goods sold is $7,250.
For the total manufacturing cost
Raw materials purchased: $42,400
Direct materials used: $62,750
Direct labor used: $16,400
Factory supervisor salary: $12,000
Salesperson commissions: $6,600
Depreciation expense - Factory building: $3,900
Depreciation expense - Delivery equipment: $3,000
Indirect materials: $1,350
Total manufacturing cost = Direct materials used + Direct labor used + Factory overhead used
= $62,750 + $16,400 + ($12,000 + $6,600 + $3,900 + $3,000 + $1,350)
= $62,750 + $16,400 + $29,850
= $108,000
Therefore, the total manufacturing cost is $108,000.
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Determine the effective tax rate for a taxable income of $23,470. round the final answer to the nearest hundredth.
a. 11.12%
b. 12.00%
c. 13.49%
d. 15.63%
The effective tax rate for a taxable income of $23470 is 12.00%. The final answer is $2800 would be the tax amount. So the correct option is (b).
What is the Effective Tax rate?
The effective tax rate represents the percent of income that an individual or corporation owes/pays in taxes. It is the average rate at which their earned income such as wages and unearned income such as stock divisends are taxed.
For corporations it is the rate they pay on their pre-tax profits while the statutory tax rate is the legal percentage established by law. It typically refers to only federal income tax.
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Answer:
11.12%
Explanation:
which warehouse ownership type provides the most flexible contract terms? which warehouse ownership type provides the most flexible contract terms? contract warehouse public warehouse private warehouse
Public Warehouse provides the most flexible contract terms. The correct option is b.
What is a public warehouse?A public warehouse can be understood as a warehouse storage option run by a third party that can be rented for long-term or short-term needs. Public warehouses are commercial inventory spaces and a viable option when dealing with seasonal surges or temporary warehousing needs. They can often provide a variety of services including cross-docking, freight consolidation, in-house trucking, MIS/EDI, pick/pack, performance reports and more.
Public warehouses offer better value for money as the user pays only for the space they occupy.
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Type the correct answer in the box. Spell all words correctly.
What economic theory does the country follow?
A country in the Middle East has state-run enterprises that regulate and oversee all its oil-based operations and means of production. This
characterizes an)
economy
Answer: planned economic system or sociallism
Explanation:
Planned economic system is when the means of production are under the control of the state government.
Here, the government is the one in charge of the allocation of the resources in the economy coupled with the production if goods and its distribution.
Answer:
Command
Explanation:
Which of the following best describes the objectives of the Monetary Policy?
a. controlling banks over our currencies
b. controlling household money in circulation
c. controlling the firm's money in circulation
d. managing or manipulating the money supply in the economy
Answer:
d. managing or manipulating the money supply in the economy
Explanation:
i feel like it's D
Answer:
d. managing or manipulating the money supply in the economy
1. The economies of Canada and Mexico produce only fruit and timber. Each country has a labor force of 100. The following table gives the production per month for each labor in each country: Basket of
Canada's production per month is as follows;Basket of fruit Timber Canada Total Production (in baskets)400200600 Production (in cords) 8001200920 Mexico's production per month is as follows;Basket of fruit Timber Mexico Total Production (in baskets) 300300600 Production (in cords) 6006001200.
The productivity per worker in Canada for a basket of fruit is 4 baskets per worker, and for timber, it is 2 cords per worker. Mexico's productivity per worker for a basket of fruit is 3 baskets per worker, and for timber, it is 2 cords per worker. From the data above, it can be concluded that;Canada produces 600 baskets of fruit and 920 cords of timber per month.
Their total production, is 1520. Mexico produces 600 baskets of fruit and 1200 cords of timber per month. Their total production, is 1800. In general, the productivity of Mexico is higher than Canada since Mexico can produce more baskets of fruit and cords of timber per worker than Canada.
Mexico has a comparative advantage in producing baskets of fruit because it can produce 1.5 baskets per worker more than Canada. On the other hand, Canada has a comparative advantage in producing timber because it can produce 0.5 cords per worker more than Mexico.
In conclusion, it is evident that Mexico has an absolute and comparative advantage in producing baskets of fruit, while Canada has an absolute and comparative advantage in producing timber.
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HELP PLEASE, I WILL GIVE BRAINLIEST!!
Select the qualification that is best demonstrated in each example.
*Judy is a Veterinarian who lifts animals onto her examination table ________
*Isaac is an Aquacultural Manager who trains and oversees workers ________
*Felix is a Zoologist who studies goats and carefully records information in his notes about them _________
options:
-For Judy: problem-solving skills, physical strength, teaching skills, and communication skills
-For Isaac: attention to detail, problem-solving skills, organizational skills, and leadership skills
-For Felix: teamwork, attention to detail, teaching skills, and flexibility
Answer:
1. Physical strength
2. Leadership skills
3. Attention to detail
Have a good day!!
Answer:
✔leadership skills
✔ physical strength
✔ attention to detail
Explan ation:
Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
On May 12, 2022, Hudson Merchandise sold merchandise on account to Guzman Housewares for $6,897, terms 3/10, n/30. If Guzman returns merchandise with a sale price of $318 on May 15, 2022, what amount will Hudson record in their Cash account if Guzman pays in full on May 20, 2022
The amount that Hudson will record in their Cash account if Guzman pays in full on May 20, 2022 is $6381.63.
Using this formula
Cash account =[(Merchandise on account - Merchandise sale price)× (1-Discount rate)]
Where:
Merchandise on account=$6,897
Merchandise sale price=$318
Discount rate=3%
Let plug in the formula
Cash account=[($6,897 - $318)×(1-0.03)]
Cash account=$6,579× 0.97
Cash account= $6.381.63
Inconclusion the amount that Hudson will record in their Cash account if Guzman pays in full on May 20, 2022 is $6381.63.
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how long does it take for tax refund to show in bank account after approved
Answer:
Assuming no issues, IRS issues tax refunds in less than 21 calendar days after IRS receives the tax return. IRS has an on-line tool, "Where's My Tax Refund", at www.irs.gov that will provide the status of a tax refund using the taxpayer's SSN, filing status, and refund amount.
Explanation:
What is a Capital Gain on an investment?
Money that you are paid for letting others borrow your money for a period of time.
An increase in the number of investment types you add to your portfolio.
Increase in value of an equity investment that is a result of appreciation of that asset.
Money that you are paid as a result of owning stock in a company that is earning a profit.
Profits from investments are referred to as capital gains. Capital gains are "realized" when investments are sold for more than they were originally purchased, at which point you must pay taxes on the profit.
What exactly are capital gains and how are they taxed?Most investments that are sold after being held for at least a year are subject to capital gains taxes. A Schedule D form is used to record the taxes.
Are capital gains equivalent to income?Based on the source of the profit, capital gains and other investment income are different. Capital gains are the profits made when an investment is sold for more money than it cost to buy it. Investment income is the gain from dividends, interest payments, and capital gains.
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Andy, a contracting officer, is reviewing a Performance Based Payment (PBP) request from his contractor. The PBP event listed in the contract requires the contractor to complete the mock-up of a prototype unit for Government technical team review. The contractor has completed 99% of the mock-up, but ran into a delay with a 3rd tier subcontractor. The contractor informs Andy that the mock-up will be 99% complete at the time of the Government review. Based only on these facts, may Andy approve the PBP request at this time?
Answer: No. Andy must not approve the PBP request at this time because it is not 100% complete.
Explanation:
Performance-based payment is the transfer of money after a measurable action has been taken or a performance target that has been predetermined has been met.
In this scenario, we are told that the contractor has completed 99% of the mock-up, but ran into a delay with a 3rd tier subcontractor and that the contractor then inform Andy that the mock-up will be 99% complete at the time of the Government review. Dur to this, Andy should not approve this because the PBP event is not yet 100%. For payment to be approved, it must be 100%.
There are 5 women and 3 men applicants for a job.Only two out of eight are selected for a job.The probability that at least one of the selected person will be a women is: