samuel and darci are partners. the partnership capital for samuel is $55,100 and that of darci is $77,000. josh is admitted as a new partner by investing $54,500 cash. josh is given a 20% interest in return for his investment. the amount of the bonus to the old partners is a.$0 b.$54,500 c.$62,200 d.$17,180

Answers

Answer 1

Samuel and Darci have negative values for their bonus amounts, the correct answer is option a. $0.

To determine the amount of the bonus to the old partners, we need to calculate the total capital after Josh's investment and the new capital balance for each partner. The bonus is then calculated as the difference between the new and old capital balances.

Given:

Samuel's capital = $55,100

Darci's capital = $77,000

Josh's investment = $54,500

Josh's interest = 20%

First, let's calculate the total capital after Josh's investment:

Total capital = Samuel's capital + Darci's capital + Josh's investment

= $55,100 + $77,000 + $54,500

= $186,600

Next, we need to calculate the new capital balance for each partner after Josh's investment:

Josh's new capital = Josh's investment = $54,500

Since Josh is given a 20% interest, the remaining 80% is divided between Samuel and Darci:

Remaining capital = Total capital - Josh's new capital

= $186,600 - $54,500

= $132,100

Samuel's new capital = Remaining capital * Samuel's share

= $132,100 * (Samuel's capital / Total capital)

= $132,100 * ($55,100 / $186,600)

= $39,019.02 (rounded to the nearest cent)

Darci's new capital = Remaining capital * Darci's share

= $132,100 * (Darci's capital / Total capital)

= $132,100 * ($77,000 / $186,600)

= $54,080.98 (rounded to the nearest cent)

Now we can calculate the bonus to the old partners:

Samuel's bonus = Samuel's new capital - Samuel's old capital

= $39,019.02 - $55,100

= -$16,080.98 (rounded to the nearest cent)

Darci's bonus = Darci's new capital - Darci's old capital

= $54,080.98 - $77,000

= -$22,919.02 (rounded to the nearest cent)

Since both Samuel and Darci have negative values for their bonus amounts, the correct answer is option a. $0.

know more about total capital here,

https://brainly.com/question/33325488

#SPJ1


Related Questions

Summarize what is a stock?

Answers

A stock is a share in the ownership of a company. A bond is an agreement to lend money to a company for a certain amount of time. Companies sell securities to people to get the money they need to grow. People buy securities as investments, or ways of possibly earning money. Overtime, if you make super good investments and a good couple years you could be making thousands!

If a bond is trading at a premium, what is the relationship between the bond's coupon rate, current yield and yield to maturity?

Answers

Bonds acquired at premiums often have lower yields to maturity than bonds purchased at market rates. This is further explained below.

What is a bond?

Generally, Bonds are financial securities that reflect loans made to the issuer by the bondholders themselves. When it comes to borrowing money, governments (at all levels) and companies (of all sizes) often turn to bonds.

In conclusion, If you buy a bond at a discount, the yield to maturity will be lower than its coupon rate.

Read more about the bond

https://brainly.com/question/17405470

#SPJ1

Individual retirement accounts (IRAs) were established by the U.S. government to encourage saving. An individual who deposits part of current earnings in an IRA does not have to pay income taxes on the earnings deposited, nor are any income taxes charged on the interest earned by the funds in the IRA. However, when the funds are withdrawn from the IRA, the full amount withdrawn is treated as income and is taxed at the individual’s current income tax rate.
In contrast, an individual depositing in a non-IRA account has to pay income taxes on the funds deposited and on interest earned in each year but does not have to pay taxes on withdrawals from the account. Another feature of IRAs that is different from a standard savings account is that funds deposited in an IRA cannot be withdrawn prior to retirement, except upon payment of a substantial penalty.
a. Sarah, who is five years from retirement, receives a $10,000 bonus at work. She is trying to decide whether to save this extra income in an IRA account or in a regular savings account. Both accounts earn 5 percent nominal interest, and Sarah is in the 30 percent tax bracket in every year (including her retirement year).
Compare the amounts that Sarah will have in five years under each of the two saving strategies, net of all taxes. Is the IRA a good deal for Sarah?
Instructions: Enter your responses rounded to the nearest dollar. If Sarah invests in the IRA, her net value (after taxes) five years from now will be: $ If Sarah Invests in the normal savings account, her net value (after taxes) five years from now will be: $ Sarah will be better off if she Invests in the Click to select b. Would you expect the availability of IRAs to Increase the amount that households save In light of (1) the response of saving to changes in the real Interest rate? (Click to select) (2) psychological theories of saving: (Click to select)

Answers

a. To compare the net values of saving in an IRA account versus a regular savings account, we need to consider the tax implications.

If Sarah saves the $10,000 bonus in an IRA account, she will not pay taxes on the earnings deposited or on the interest earned until she withdraws the funds at retirement. Therefore, the full $10,000 can be invested, and it will grow at an annual interest rate of 5 percent.

On the other hand, if Sarah saves the $10,000 in a regular savings account, she needs to pay taxes on the funds deposited and on the interest earned each year. Since Sarah is in the 30 percent tax bracket, only $7,000 ($10,000 - 30% tax) will be invested initially. The interest earned on this amount will also be subject to taxes each year.

Calculating the net values after five years:

IRA Account:

Principal amount invested: $10,000

Annual interest rate: 5%

Tax rate: 0% (no taxes paid until withdrawal)

Net value after 5 years: $12,762 (rounded)

Regular Savings Account:

Principal amount invested: $7,000

Annual interest rate: 5%

Tax rate: 30% (taxes paid on interest each year)

Net value after 5 years: $10,862 (rounded)

Based on these calculations, Sarah will be better off if she invests in the IRA account, as it will provide a higher net value after five years.

b. Yes, the availability of IRAs would be expected to increase the amount that households save. This is due to the following reasons:

(1) Response to changes in the real interest rate: When real interest rates are high, individuals are more motivated to save and earn a return on their savings. By offering tax advantages and potentially higher returns, IRAs incentivize individuals to save more, even when interest rates are relatively low.

(2) Psychological theories of saving: IRAs leverage psychological theories such as framing and mental accounting. The tax advantages associated with IRAs create a perception of increased wealth and a sense of dedicated savings for retirement. This psychological aspect encourages individuals to save more and take advantage of the tax benefits provided by IRAs.

Overall, the availability of IRAs provides financial incentives and psychological encouragement for individuals to save more, leading to an increase in the amount of household savings.

Learn more about tax implication here:

https://brainly.com/question/28569432

#SPJ11

Today is 1 July 2021 . You are looking to purchase an investment property today (after months of research and negotiations). You have spoken to Peter, the loan specialist at Harrison Bank, to negotiate the terms of your mortgage. You and Peter have agreed to the following terms: - You will borrow $520,000 today in order to purchase your chosen property. - This mortgage will be repaid by level monthly repayments. - Your first repayment to the bank will occur exactly 1 month from today, on 1 August 2021, and the final repayment will occur exactly 27 years from today, on 1 July 2048. - Peter has arranged for an interest rate of 2.9% p.a. effective to be locked in for the life of this loan. Calculate the size of the level monthly repayment needed in order to fully repay the loan by 1 July 2048 . Give your answer to the nearest cent, and do NOT include a dollar sign. Determine the value of L12​. Give your answer to the nearest cent, and do NOT include a dollar sign.

Answers

The size of the level monthly repayment needed to fully repay the loan by 1 July 2048 is $2,591.64.

To calculate the level of monthly repayment, we use the formula for the monthly payment of a mortgage loan. The loan amount is $520,000, the loan term is 27 years (324 months), and the annual interest rate is 2.9%. By plugging these values into the formula, we find that the level of monthly repayment is $2,591.64. This means that the borrower will make equal monthly payments of this amount for the duration of the loan, and by the end of 27 years, the loan will be fully repaid. The value of L12 is not mentioned in the question, so it cannot be determined based on the provided information.

Additionally, it's important to note that the interest rate of 2.9% p.a. effective, which has been locked in for the entire loan term, ensures a stable and predictable repayment schedule. This means that the borrower can plan their finances accordingly, knowing that the monthly repayment amount will remain constant throughout the life of the loan.

By making these levels of monthly repayments, the borrower will gradually reduce the principal balance over time while paying off the accrued interest. It's essential for borrowers to carefully consider their financial capabilities and budget to ensure that they can comfortably meet the monthly repayment obligation without experiencing financial strain. By diligently making the level monthly repayments until 1 July 2048, the borrower will successfully repay the loan and fulfill their commitment to the lender.

Learn more about budget here:

https://brainly.com/question/31952035

#SPJ11

In one full paragraph, outline what you feel is
realistic in obstacles to collusion that are discussed in Chapter
14.

Answers

In the chapter 14 of the book of economics, the author has discussed various obstacles to collusion in an oligopoly market. According to the author, a few of the main answers to the obstacles of collusion in oligopoly markets are the presence of the dominant firm, cheating behavior, product differentiation, and market share.

The first obstacle to collusion in oligopoly markets is the presence of the dominant firm. It is the firm that has the maximum market share and is considered a leader in the industry. The presence of the dominant firm can lead to a lack of motivation for other firms to collude as they might prefer to follow their own paths in the market.

Secondly, cheating behavior can also be an obstacle to collusion in an oligopoly market. Cheating behavior can be defined as the act of breaking the agreement or agreement between the oligopolists. It could be done by increasing output levels, lowering prices, or by any other means which can harm other firms in the market.

Another major obstacle to collusion is product differentiation. In the presence of a differentiated product, it is challenging to maintain collusion because each firm produces a different product, and their individual interests would naturally differ from others. It would require them to coordinate a wide range of different activities, and it would be challenging for them to find common ground to work together.

Finally, market share can be another obstacle to collusion in an oligopoly market. In the presence of a high market share, it is difficult for firms to coordinate their activities, and each firm's incentives would naturally differ from others. It would be challenging for them to find common ground to work together to maximize their collective profits. Hence, these are some of the main obstacles to collusion in oligopoly markets.

Learn more about oligopoly market: https://brainly.com/question/30751039

#SPJ11

Does having social responsibility make you viewed more or less favorable by consumers?

Answers

Answer:

Depends on the person but probably not

Explanation:

1. Which of the following is INCORRECT?
Assets
Liabilities
Capital
$
$
$
i
ü.
18,270
9,340
15,160
12,230
5,290
3,120
6,380
1,390
12,980
6,220
7,780
10,840
111.
iv.

Answers

Answer:

HINDI KO PO GETPASYENSYA NA POKUNG SAAN UMAASA KAYO SASAGOT KO.

credit isn't a wealth-building tool, it's a business that makes money for . . .

Answers

Credit is not a wealth-building tool, it's a business that makes money for lenders. Lenders charge interest on the money they lend, which is how they make a profit.

This interest rate can be high or low, depending on the borrower's creditworthiness, the loan amount, and the length of the loan term. The more money a borrower owes, the more interest they will pay over time. Therefore, it's important for borrowers to use credit responsibly and only borrow what they can afford to pay back. Failure to do so can lead to mounting debt, damaged credit scores, and financial instability.

To learn more about building click on the link below:

brainly.com/question/2985734

#SPJ11

Which production factor involves the use of plant and equipment?

a. natural resources
b. capital
c. labor
d. management

Answers

b. Using machinery and equipment is a part of the capital production component.

Why is capital formation crucial?

When economists talk about capital, they're talking about the tangible tools, buildings, and machinery that enable higher job productivity. One of the four main production variables, along with land, labor, and entrepreneurship, is capital.

Hammers, tractors, assembly lines, conveyor belts, computers, trucks, and railroads are typical instances of capital. Financial capital, which consists of the debt and equity accumulated by firms to operate and grow, is separated from economic capital.

In contrast to land or labor, capital is artificial; it needs to be made by human hands and built with human goals in mind. This suggests that investment in time is necessary before capital can be put to use efficiently. For instance, the fisherman who makes their own rod must first take time away from other tasks to do so.

Learn more about capital production with the help of the given link:

brainly.com/question/28550012

#SPJ1

Which of the following best describes Project Procurement Management?
a. A technique of systematically gathering and analyzing quantitative and qualitative information
b. An agreement to purchase goods from a vendor or seller
c. A description of all purchases outside of the project scope
d. The processes necessary to purchase or acquire products, services, or results from outside the project team

Answers

The processes necessary to purchase or acquire products, services, or results from outside the project team is the best statement which describes Project Procurement Management. Option D is correct.

Project Procurement Management is one of the ten knowledge areas defined in the Project Management Body of Knowledge (PMBOK). It refers to the processes involved in acquiring products, services, or results from outside the project team.

This can include activities such as developing procurement strategies, identifying potential suppliers, negotiating contracts, and managing relationships with vendors or contractors.

The goal of Project Procurement Management is to ensure that the necessary goods and services are obtained from external sources in a timely and cost-effective manner, while also meeting the quality and performance requirements of the project.

To know more about Project Procurement Management here

https://brainly.com/question/27251004

#SPJ4

Self monitoring is a good approach for ensuring you uphold a client's dignity. true or false?

Answers

True, Self-monitoring is a good approach for ensuring you uphold a client's dignity.

Self-monitoring refers to the practice of being aware of and observing one's own behavior, thoughts, and actions. When working with clients, especially in a caregiving or service-oriented role, self-monitoring is crucial in upholding their dignity and providing respectful and person-centered care.

By practicing self-monitoring, individuals can become more attuned to their own biases, assumptions, and behaviors that may inadvertently undermine a client's dignity. It allows individuals to reflect on their interactions, communication style, and decision-making processes, ensuring that they align with principles of respect, autonomy, and dignity.

Self-monitoring helps individuals maintain awareness of their own attitudes and beliefs, which can significantly impact their interactions with clients. It enables professionals to recognize and challenge any discriminatory or disrespectful tendencies they may have and make necessary adjustments to ensure the client's dignity is upheld.

Furthermore, self-monitoring encourages continuous learning and growth in understanding diverse perspectives and needs. It promotes empathy, active listening, and cultural sensitivity, all of which are essential for providing client-centered care and preserving their dignity.

In summary, self-monitoring is a valuable approach for professionals working with clients as it promotes self-awareness, helps identify and rectify potential breaches of dignity, and fosters a respectful and inclusive environment that honors the client's autonomy and individuality.

Visit here to learn more about service-oriented:

brainly.com/question/32364867

#SPJ11

explain advertisement

Answers

Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.

Need help ASAP please answer this

Need help ASAP please answer this

Answers

The sum of the bank's total amount of liabilities and net worth is $5002 million.

How to calculate the values?

The sum of the bank's total amount of liabilities and net worth will be:

= Total reserves + Loans + Securities + Other assets.

= 268 + 3653 + 949 + 132

= $5002 million

The additional amount of loans that the bank can make to household and firm is $8 million. This is simply the value of the excess reserve.

The current quantity of transaction deposits at the bank will be:

(Total reserve - Excess reserve) = Transactions deposit × Reserved ratio

(268 - 8) = Transaction deposit × 10%

260 = Transaction deposit × 10%

Transactions deposit = 260/10%

Transaction deposit = $2600 million = $2.6 billion

Learn more about net worth on:

brainly.com/question/27218751

#SPJ1

3. Question 3 Fill in the blank: Working for companies _____ means you'll work on a project-by-project basis, but not as a full-time employee.

Answers

Answer:

on a contract

Explanation:

An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.

Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).

Any employee working for companies on a contract simply means or implies that, he or she work on a project-by-project basis rather than as a full-time employee.

For instance, a freelancer is someone who offers or provides his or her service to other employer of labor (business organization) without entering into a long-term contractual agreement.

On july 1, year 1, a company paid $48,000 for 24 months of advance rent on its warehouse. assuming the company has a december year end, what would be the amount of rent expense in year 1 under cash basis versus accrual accounting?

Answers

Cash, cash equivalents, receivables, inventories, and prepaid goods are all examples of current assets.

What does "company" actually mean?

A group of individuals can form a legal entity called a corporation to carry out and control a business activity, whether it be industrial or industrial. A company may be founded up in a number of manners for tax and financial accountability reasons depending on the corporate law of its jurisdiction.

What makes the company call?

A company is referred to be a firm since its staff members want to add value. The word "generate," which meaning to lead forth bring forth, has a Latin origin. The term "company" initially emerged in Old French, which is a synonym for "compaignie" or "companionship." The term "business" also has Old English origins, which combine busy and -ness.

To know more about company visit:
https://brainly.com/question/29354835

#SPJ1

the cboe volatility index (vix) indicates the volatility of the bond market in general. group of answer choices true false

Answers

The statement "The CBOE Volatility Index (VIX) indicates the volatility of the bond market in general" is false.

Explanation:

The CBOE Volatility Index (VIX) is a market indicator that measures the stock market's implied volatility. The VIX is sometimes referred to as the "fear index" since it rises when investors are concerned about the stock market's future.

The VIX is computed by the Chicago Board Options Exchange (CBOE) and is based on the prices of options on the S&P 500.

Higher VIX levels suggest that the market is expecting more volatility and uncertainty, while lower VIX levels suggest that the market is more stable and certain.

As a result, the VIX serves as a gauge for investors' general confidence in the market.

As a result, we can infer that the statement "The CBOE Volatility Index (VIX) indicates the volatility of the bond market in general" is false.

The VIX is a measure of equity market volatility, not bond market volatility. In conclusion, we can say that the statement is false.

To know more about Volatility Index refer here

brainly.com/question/17134206#

#SPJ11

You are a trainee sales manager with a retailing firm. Visit professional websites and discussion forums to find out how managers resolve problems related to transactions including cash, checks, debit cards, credit cards, discounts, layaway, Cash on Delivery, returns, gift certificates, and automatic fee withdrawals. You may also want to meet up with and talk to a store professional during their break times and seek input in person. Also, explain the technique to make change in counter transactions correctly.

Answers

Managers resolve transaction-related issues including cash, checks, debit cards, credit cards, discounts, deposits, cash on delivery, returns, gift cards and automatic fee withdrawals based on company policy.

Importance of company policy for decision making

The organizational policy must be shared with all employees in a clear and objective way, in order to be a guide for behavior in the organization.

It will include the norms and rules to be followed in each organizational situation.

Considering Starbucks as the company of our research, through its website we can see that there is a guide with the terms and conditions for using the Starbucks card.

Therefore, each rule must be clearly exposed to stakeholders, and each issue related to financial transactions exposed in pre-established legal documents, in order to be a protection for the organization and for the clients.

Find out more information about financial transactions here:

https://brainly.com/question/599437

Describe how the following facts represent solutions to problems of asymmetric information. a. Auto insurance rates are higher for teenagers than for nonteenagers. b. Your car insurance coverage probably includes a deductible-an amount that you have to pay out of pocket before your insurance coverage kicks in. c. Many states have laws like Virginia's that give customers the right to keep or inspect parts that are removed by an auto mechanic. d. For many couples, weddings are lavish affairs that cost tens of thousands of dollars and are attended by hundreds of guests.

Answers

An insurance policy is a contract between the insured and the insurer that promises to cover the amount of damage sustained in exchange for a little payment.

Insurance contracts are developed to satisfy specific purposes, thus they contain several characteristics that are not found in many other forms of contracts. Because insurance policies are standard forms, they contain boilerplate text that is common to a wide range of various types of insurance contracts. In general, an insurance policy is an integrated contract, which means that it comprises all forms involved with the agreement between the insured and the insurer. Supplementary writings, such as letters written after the final agreement, might, in some situations, render the insurance policy a non-integrated contract. According to one insurance textbook, "courts often evaluate all earlier conversations or agreements.

To know more about Insurance policy:

https://brainly.com/question/24984403

#SPJ4

a company plans to manufacture a rectangular box with a square base, an open top, and a volume of 458 in3. the cost of the material for the base is 0.5 cents per square inch, and the cost of the material for the sides is 0.4 cents per square inch. determine the dimensions of the box that will minimize the cost of manufacturing it. what is the minimum cost per box rounded to the nearest cent?

Answers

The minimum cost per box is 0.641 cents. To find the dimensions that minimize the cost, we first determine the cost expression based on the dimensions of the box.

The concept in this problem is to find the dimensions of a rectangular box that minimizes the cost of manufacturing it.

Let the side length of the square base be x inches. Then, the volume of the box is x³ cubic inches, and the height of the box is x² cubic inches.

The cost of the material for the base is 0.5 cents per square inch, so the cost of the base is 0.5x² cents.

The cost of the material for the sides is 0.4 cents per square inch, so the cost of the sides is 2x * x² * 0.4 cents = 0.8x³ cents.

The total cost of the box is 0.5x² + 0.8x³ cents.

We want to minimize the cost, so we set the derivative of the total cost to 0 and solve for x:

d/dx (0.5x² + 0.8x³) = 1 + 2.4x² = 0

x = sqrt(-(1/2.4)) = sqrt(-0.41667) = -0.6495

Since x has to be positive, the side length of the square base has to be positive, so x cannot be negative.

So, we use x = sqrt(0.41667) = 0.6495 inches.

The minimum cost is 0.5x² + 0.8x³ = 0.5(0.6495)² + 0.8(0.6495)³ = 0.327 + 0.314 = 0.641 cents.

Learn more about cost: https://brainly.com/question/30045916

#SPJ4

Several years ago, Jeff purchased stock for $5,125. Last month he sold the stock for
$7,411. What was his gross capital gain?

Answers

If Several years ago, Jeff purchased stock for $5,125. Last month he sold the stock for $7,411. His gross capital gain is: $2,286.

Gross capital gain

In order to determine the gross capital gain since we were told that he  purchased stock for the amount of $5,125 in which last month he sold the stock for  the amount of $7,411 we have to deduct the current stock selling price form the stock purchase price by making use of  this formula to determine the  gross capital gain.

Gross capital gain = Current stock selling price - Stock purchase price

Where:

Current stock selling price = $7,411

Stock purchase price = $5,125

Let plug in the formula so as to find the gross capital gain

Gross capital gain = $7,411 - $5,125

Gross capital gain =$2,286

Therefore If Several years ago, Jeff purchased stock for $5,125. Last month he sold the stock for $7,411. His gross capital gain is: $2,286.

Learn more about gross capital gain here: https://brainly.com/question/25117603

#SPJ1

imagine that the construction of each room in a new hotel project will cost $118,000 to an investor. what is the initial average adr on the grand opening day? group of answer choices $118 $140 $1,000 $100

Answers

To calculate the initial average ADR (Average Daily Rate) on the grand opening day of the new hotel project, we need to divide the total construction cost by the number of rooms in the hotel.

Given that each room costs $118,000 to construct, we need to determine the number of rooms in the hotel. However, this information is not provided in the question. Without the number of rooms, we cannot accurately calculate the initial average ADR. Please provide the number of rooms in the hotel so that I can assist you further in calculating the initial average ADR.

To know more about average visit:
https://brainly.com/question/31791017
#SPJ11

ch
17 problen 3
3. The long-run effects of monetary policy The following graphs show the state of an economy that is currently in long-run equilibrium. The first graph shows the aggregate demand (AD) and long-run agg

Answers

The long-run effects of monetary policy can be demonstrated using the AD-AS model. It is shown in the graphs below. Graph 1 displays the economy in long-run equilibrium, with the aggregate supply (AS) curve intersecting the AD curve at the potential output level.

Graph 2 displays the impact of a contractionary monetary policy on the economy. This policy results in a reduction in the money supply, which raises interest rates and reduces investment and consumption. As a result, aggregate demand shifts leftward from AD1 to AD2, resulting in a decrease in both output and price level. In the long run, the reduction in aggregate demand leads to a decrease in the price level and an increase in unemployment.

Graph 3 shows the effects of an expansionary monetary policy, which is the opposite of a contractionary monetary policy. An increase in the money supply will reduce interest rates and increase consumption and investment. This policy results in the rightward shift of the AD curve from AD1 to AD2.

The increase in aggregate demand raises both the price level and output level. In the long run, however, the increase in the price level will lead to a reduction in aggregate demand, resulting in a decrease in the price level but no change in the output level.

Thus, these graphs demonstrate the long-run effects of monetary policy on an economy in terms of the aggregate demand and supply curves.

To know more about policy visit:
https://brainly.com/question/31951069

#SPJ11

trend lines are usually the last things considered when developing a forecast.

Answers

When developing a forecast, trend lines are often considered the last things because they represent historical data and may not always be a reliable indicator of future trends.

Instead, other factors such as market conditions, consumer behavior, and technological advancements are given more weight in forecasting. Trend lines are used to identify patterns and trends over a period of time. They can be used to forecast future trends and help in decision-making processes. However, they are not always accurate as they are based on past data and may not always reflect changes in the market or other external factors. In addition, trend lines can also be affected by outliers and anomalies, which can distort the accuracy of the forecast. Therefore, it is important to use trend lines in combination with other forecasting methods to obtain a more accurate picture of future trends. Other forecasting methods that are commonly used include regression analysis, time series analysis, and scenario analysis. These methods take into account various factors that may affect the forecast and are more reliable than trend lines alone.

To know more about scenario analysis

https://brainly.com/question/10701536

#SPJ11

who approves the federal budget
congress
presdient
house
President and congress

Answers

Answer:

congress

Explanation:

i think

correct me if I'm wrong

CARRY ON LEARNING

Answer:

president

Explanation:

I think because he rules the country

True or false in order to tell a Monopoly and monopolistically competitive market apart, you need to see the graphs together

Answers

False There only one firm that distaste’s the price and supply levels of goods and services.

Exercise 3-20A Record transactions and prepare adjusting entries, adjusted trial balance, financial statements, and closing entries (LO3-3, 3-4, 3-5, 3-6, 3-7) (GL)

On January 1, 2021, Red Flash Photography had the following balances: Cash, $20,000; Supplies, $8,800; Land, $68,000; Deferred Revenue, $5,800; Common Stock $58,000; and Retained Earnings, $33,000. During 2021, the company had the following transactions:

1. February 15 Issue additional shares of common stock, $28,000.
2. May 20 Provide services to customers for cash, $43,000, and on account, $38,000.
3. August 31 Pay salaries to employees for work in 2021, $31,000.
4. October 1 Purchase rental space for one year, $20,000.
5. November 17 Purchase supplies on account, $30,000.
6. December 30 Pay dividends, $2,800.
The following information is available on December 31, 2021:

Employees are owed an additional $4,800 in salaries.
Three months of the rental space has expired.
Supplies of $5,800 remain on hand.
All of the services associated with the beginning deferred revenue have been performed.
Requirement
General Journal
General Ledger
Trial Balance
Income Statement
Statement of SE
Balance Sheet
1. Record each of the transactions listed above in the 'General Journal' tab. Review the 'General Ledger' and the 'Trial Balance' tabs to see the effect of the transactions on the account balances.

2. Record the adjusting entries in the 'General Journal' tab.

3. Review the adjusted 'Trial Balance' as of December 31, 2021.

4. Prepare an income statement for the year ended December 31, 2021, in the 'Income Statement' tab.

5. Prepare the statement of Stockholder's Equity for the year ended December 31, 2021, in the 'Income Statement' tab.

6. Prepare a classified balance sheet as of December 31, 2021 in the 'Balance Sheet' tab.

7. Record the closing entries in the 'General Journal' tab.

Answers

Answer:

Red Flash Photography

1. General Journal

January 1, 2021:

Debit Cash,             $20,000

        Supplies,           $8,800

        Land,              $68,000

Credit: Deferred Revenue,   $5,800

           Common Stock       $58,000

           Retained Earnings, $33,000

To record opening balances.

Feb. 15 Debit Cash $28,000

Credit Common Stock $28,000

To record additional shares issued.

May 20 Debit Cash, $43,000,

Debit Accounts receivable $38,000

Credit Service revenue $81,000

To record provision of services for cash and on account.

August 31 Debit Salaries Expense $31,000

Credit Cash $31,000

To record payment of salaries.

October 1 Debit Prepaid Rent $20,000

Credit Cash $20,000

To record prepayment of rent for one year.

November 17 Debit Supplies $30,000

Credit Accounts payable $30,000

To record the purchase of supplies on account.

December 30 Debit Dividends $2,800

Credit Cash $2,800

To record payment of cash dividends.

Analysis of Adjustments at December 31, 2021:

1. Debit Salaries Expense $4,800

Credit Salaries Payable $4,800

To accrue salaries.

2. Debit Rent Expense $5,000

Credit Prepaid Rent $5,000

To record rent expense for the year.

3. Debit Supplies Expense $33,800

Credit Supplies $33,800

To record supplies expense.

4. Debit Deferred Revenue $5,800

Credit Service Revenue $5,800

To record services performed.

3. Adjusted Trial Balance as of December 31, 2021

Account Titles               Debit       Credit

Cash                           $37,200

Accounts receivable   38,000

Supplies                        5,000

Prepaid Rent               15,000

Land                           68,000

Accounts Payable                      $30,000

Salaries Payable                             4,800

Common Stock                            86,000

Retained Earnings                       33,000

Dividends                    2,800

Service Revenue                        86,800

Salaries Expense      35,800

Rent Expense             5,000

Supplies Expense    33,800

Totals                  $240,600   $240,600

4. Income Statement for the year ended December 31, 2021

Service Revenue                       $86,800

Salaries Expense      35,800

Rent Expense             5,000

Supplies Expense    33,800     $74,600

Net Income                                $12,200

5. Statement of Stockholders Equity for the year ended December 31, 2021

Retained Earnings                         $33,000

Net Income                                       12,200

Dividends                                          (2,800)

Retained earnings, Dec. 31, 2021 $42,400

Common stock                                86,000

Total equity                                  $128,400

6. Classified Balance Sheet as of December 31, 2021

Assets

Current Assets:

Cash                           $37,200

Accounts receivable   38,000

Supplies                        5,000

Prepaid Rent               15,000     $95,200

Long-term assets:

Land                                            $68,000

Total assets                               $163,200

Liabilities and Equity:

Accounts Payable                      $30,000

Salaries Payable                             4,800

Total liabilities                            $34,800

Equity:

Common Stock                            86,000

Retained Earnings                       42,400

Total equity                              $128,400

Total liabilities and equity       $163,200

7. General Journal

Debit Service Revenue $86,800

Credit Income Summary $86,800

To close revenue income summary.

Debit Income Summary $74,600

Credit Salaries Expense $35,800

Credit Rent Expense $5,000

Credit Supplies Expense $33,800

To close expenses to income summary

Debit Income Summary $12,200

Credit Retained Earnings $12,200

To close income summary to retained earnings.

Debit Retained Earnings $2,800

Credit Dividends $2,800

To close dividends to retained earnings.

Explanation:

a) Data and Analysis:

January 1, 2021 balances:

Cash, $20,000

Supplies, $8,800

Land, $68,000

Deferred Revenue, $5,800

Common Stock $58,000

Retained Earnings, $33,000

Transactions:

Feb. 15 Cash $28,000 Common Stock $28,000

May 20 Cash, $43,000, Accounts receivable $38,000 Service revenue $81,000

August 31 Salaries Expense $31,000 Cash $31,000

October 1 Prepaid Rent $20,000 Cash $20,000

November 17 Supplies $30,000 Accounts payable $30,000

December 30 Dividends $2,800 Cash $2,800

Analysis of Adjustments at December 31, 2021:

1. Salaries Expense $4,800 Salaries Payable $4,800

2. Rent Expense $5,000 Prepaid Rent $5,000

3. Supplies Expense $33,800 Supplies $33,800

4. Deferred Revenue $5,800 Service Revenue $5,800

Experience indicates that strategic alliances Multiple Choice are generally successful. work well in cooperatively developing new technologies and new products but seldom work well in promoting greater supply chain efficiency. work best when they are aimed at achieving a mutually beneficial competitive advantage for the allies. stand a reasonable chance of helping a company reduce competitive disadvantage but very rarely form the basis of a durable competitive advantage over rivals.

Answers

Answer:

stand a reasonable chance of helping a company reduce competitive disadvantage, but very rarely form the basis of a durable competitive advantage over rivals

Explanation:

Of course, a rival company is free and could also make its own strategic alliance. Hence, there is no durability in competitive advantage (ca) if a company based its hope on only forming strategic alliances.

For example, an older company that partners with a new transport/logistics  company in order to reduce its cost of transportation (thereby assuming to increase ca), while also increasing the brand awareness of the logistics may be shocked when its major does a similar partnership with another logistics firm.

go follow my meme page on Insta gram please I just started it
Username is shawty.tedo

Also I hope you have a wonderful day today and get all your work done. I am proud of you!! you have made it through the week and even though school is going back in session for tons of us tomorrow. summer break is almost here!
Just keep pushing yourself you’re almost there! but remember don’t be harsh on yourself and take your time. Take care of yourself and make sure that you’re there for yourself too just like you’re there for others. YOU matter! no matter what you think. we will all get through hard times and it doesn’t matter if it takes years, months, weeks, days, once again it doesn’t matter because You will get through it and you’ll be so proud of yourself just like I am. Don’t give up now. if others try put you down show them that you’re unbreakable and that you’re more worth then they think. Harsh words don’t define your worth. you’re amazing and you are you. you being different from others but that doesn’t mean you’re any less important. you are you and that’s what makes you so unique. Im proud of you Keep going And spread the love

Answers

Answer:

. ...........

Thank you

❤️❤️❤️❤️❤️
Thank youuuu :)

Which 3 are transaction types you can assign in a rule for money-out transactions? 1.Refund receipt 2. Check 3. Purchase order 4. Expense 5. Credit memo 6. Journal entry 7. Transfer

Answers

Once you are done selecting the transaction type, you need to enter the rest of the required information for the rule and click Save.

Three transaction types you can assign in a rule for money-out transactions are Check, Expense, and Journal Entry.

To assign transaction types for money-out transactions, follow the steps given below:

Go to the Gear icon > Rules > New rule > Money out.

Next, you will need to complete the 'When this happens' section. This section involves the following: Conditions: Choose the condition that defines when the rule is applicable. Action: Choose the action that is required when the rule is enforced. In this case, the action is selecting the transaction type under the drop-down list. Here, select the transaction type based on the condition you have chosen. The available options are as follows:

Check Expense Journal Entry Refund Receipt Transfer Credit Memo Purchase Order

Once you are done selecting the transaction type, you need to enter the rest of the required information for the rule and click Save.

To know more about Expense visit:

https://brainly.com/question/29850561

#SPJ11

Which post-secondary program requires minimal prerequisites?

Answers

Answer with Explanation:

It depends upon the college or university you choose. If you are choosing a foreign college or university then following are the possible minimal pre-requisites:

Age FactorAttained Marks percentage Language Speaking requirement which includes taking an English speaking, learning and writing test. Examples of approved english skills tests programs are TOEFL, IELTS, etc.Minimum Fee depositCharacter CertificateValid PassportPersonal Information Providing Field oriented report which explains why you want to opt this program.Other requirements depending upon the course, university and law that governs the territory in which the institute operates.
Other Questions
Criticize or defend each of the U.S. actions surrounding World War II that are listed below. Justify your opinion with supporting details from the lesson.U.S aid to ChinaLend-Lease Act 5. Reisa Haven, a 39-year-old female, was sent by Dr. Alfaya to Dr. Avery, an OB-GYN, for an office consultation. She hadbeen suffering with moderate pelvic pain, a heavy sensation in her lower pelvis, and marked discomfort during sexualintercourse. In a detailed history, Dr. Avery noted the location, severity, and duration of her pelvic pain and relatedsymptoms. In the review of systems, Reisa had positive findings related to her gastrointestinal, genitourinary, and endocrinebody systems. Dr. Avery noted that her past medical history was noncontributory to the present problem. The detailedphysical examination centered on her gastrointestinal and genitourinary systems with a complete pelvic exam. Dr. Averyordered lab tests and a pelvic ultrasound in order to consider uterine fibroids, endometritis, or other internal gynecologicpathology. MDM complexity was moderate. E/M code: a patient is prescribed a medication that lowers the arterial blood pressure. the nurse should assess for which response by the body to restore the blood pressure? for many years history book claimed that "columbus discovered america." why do you think native americans might disagree with the word "discovered'' in this statement? what might be a better description? Please help me solve this. sigmund freud developed his theory of human personality by conducting in-depth interviews with a few clients. please help me solve the rest of this, I already found the box that is filled in with the green outline, but I don't know how to find the two empty boxes. If something necessarily exists, then it is impossible for that thing to not exist. How many letters are there in the Arabic Language? few new strategies that you would like to use to manage stress in the future. Can someone please help me with this IM MARKING BRAINLIEST I am the negatively charged particle that determines the reactivity of any element. Give my name?plz help me how many years was the civil war una bicicleta circula en linea recta a una velocidad de 25 km/h durante 1.5 horas que distancia recorre At the sandwich outlet where Betty works, assembling the submarine sandwiches is her responsibility. Betty is responsible for the ________ processes in the outletbound logisticsoperationsservicehuman resources Which sentence uses a transitional expression that signals a sequence? A. To begin, dip the paintbrush in water. B. Consequently, the paint colors will blend more easily. C. In fact, adding some water to your paper first will help diffuse the paint for a softer look. D. As a result, your painting will have a natural effect similar to the way that sunlight strikes an object. write the first 5 terms of each recursive sequence Explain why it is impossible to whirl a bung aroundon the end of a string in such a way that the stringremains perfectly horizontal. What is chemoautotrophs method of movement? please complete the table