Business risk is the possibility that a company or organisation will experience lower profits or fail. Anything that jeopardises a business' ability to achieve its financial goals is considered a business risk. Numerous elements may interact to cause business risk.
The business risk of a firm depends on the willingness of its shareholders to risk everything for the company.
What Does the Term Shareholder Mean?
A person or organization that has contributed funds to a corporation in exchange for a "share" of ownership is referred to as a shareholder. Common or preferred shares issued by the corporation and held (i.e., owned) by the shareholder serve as a representation of that ownership.
the correct option is D.
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what is the meaning of marketing
Answer:
Marketing is a set of activities related to creating, communicating, delivering, and exchanging offerings that have value for others.
Question 6 of 10
A distribution manager at a company that has customers in all 50 states
considers that storing goods in every state will make them quickly available
to all customers. What other major factor should affect the decision on the
number of warehouses?
A. Operating 50 or more warehouses will be expensive.
B. Some transportation modes serve limited locations.
C. Operating 50 or more warehouses will increase safety risks.
D. The number of warehouses will affect the length of the
distribution channel.
Answer:
a.) was right for me
Explanation:
The other major factor should affect the decision on the number of warehouses that Operating 50 or more warehouses will be expensive.
Option A is an appropriate response.
What is a warehouse?While a warehouse is technically any building that stores physical products for any reason, a distribution center is a type of warehouse that is specifically designed for fulfilling orders for the purpose of distribution to other businesses or consumers.
A warehouse is a structure used to store goods. Manufacturers, importers, exporters, wholesalers, transportation companies, customs, and others use warehouses. They are typically large plain buildings located on the outskirts of cities, towns, or villages.
Some of the Factors to considers on deciding the number of warehouses are-
Customer baseSupplier network Foreign Trade Zones (FTZs)Proximity to transportationBuilding Availability and ExpandabilityLease RatesHence, Option A is an appropriate response.
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Seadrill Engineering sold software to oil-drilling firms. In addition to providing the software, the company also provides consulting services and support for 5 years to ensure smooth operation of the software. The total transaction price is $350,000. Based on standalone values, the company estimates the consulting services and support have a value of $150,000 and the software license has a value of $250,000. Seadrill generally records software sales using Sales Revenue account and consulting service using Service Revenue account. Assuming the performance obligations are not interdependent, the journal entry to record the transaction includes:A) a credit to sales revenue for $250,000 and a credit to unearned service revenue of $100,000.B) a credit to service revenue of $100,000.C) a credit to unearned service revenue of $100,000.D) a credit to sales revenue of $350,000.
Answer:
a credit to sales revenue for $250,000 and a credit to unearned service revenue of $150,000
Explanation:
The Journal entry is shown below:-
Cash Dr, $400,000
To Sales revenue $250,000
To unearned service revenue $150,000
(Being cash receipts is recorded)
The unearned revenue from service is the revenue in which the customer has paid the money, and the company does not provide the services. Acceptance of the money for the warranty which has been extended. The seller expects to continue to provide the services.The income will not be gained from this, because the company will not be reported until the company refuses to deliver the services in the future.
For recording this we debited the cash as it increased the assets and credited the sales revenue and unearned service revenue as it increased the revenue and liability
This is the answer but the same is not provided in the given options
Question 32
$24,800 is invested for 3 months in a savings account with a rate of 9% simple interest per year.
Find the interest.
$66,960.00
$5,580.00
$6,6960
$558.00
One major advantage of organizing a business as a sole proprietorship is
that:
A. the owner has total control over the company.
B. the company has an unlimited life span.
C. legal liability is spread among many people.
D. it is easy to quickly raise large amounts of capital.
Answer:
A
Explanation:
the owner has total control over the company
One major advantage of organizing a business as a sole proprietorship is that the owner has total control over the company.
What is sole proprietorship?A sole proprietorship is an unincorporated business that is also known as a sole trader or a proprietorship with only one owner who is responsible for paying personal income tax on the company's profits. Since it's not essential to register a distinct business or trade name, many sole owners operate under their own identities. Due to a lack of governmental oversight, a sole proprietorship is the most straightforward type of business to start or dissolve. As a result, consultants, sole proprietors, and other freelancers frequently operate these kinds of enterprises. The majority of small firms begin as sole proprietorships, grow, and ultimately convert to a corporation or limited liability entity.
The quickest and easiest way to start a firm with just one owner is through a sole proprietorship. As soon as you start operating your business, you become a sole proprietor. It is the best approach for new self-employed individuals to get started because it doesn't need submitting federal or state forms and has little regulatory constraints.
In that no separate legal organization is created, a single proprietorship differs significantly from a corporation (corp. ), limited liability company (LLC), or limited liability partnership (LLP). As a result, the proprietor of a sole proprietorship is not immune from the obligations imposed by the business.
The key advantages of a sole proprietorship are the pass-through tax benefit, the simplicity of formation, and the minimal startup and ongoing costs.
A sole proprietorship has several drawbacks, including unrestricted liability that extends beyond the business to the individual and the challenge of acquiring capital backing, particularly through recognized methods such issuing shares and securing bank loans or lines of credit.
Therefore, business owners who operate as sole proprietors start out as an entity with limitless liability. As the company expands, they frequently switch to a limited liability entity that does provide some level of protection to the owners.
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Communication skills involve
A. Speak, writing, and listening
B. Identifying problems, gathering information, and imaging alternatives
C. Cooperating, providing support, and expressing feelings
D. Being punctual, managing time, and enforcing policies
Answer: Speak, writing and listening
Explanation: Besides speaking, writing, and listening, other communication skills include observation and empathizing. Communication is a process that goes beyond transmitting a message, it is something that involves the use of signs, body expressions and tone, since depending on these it can be interpreted what type and nature of the message.
Brace Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 21,600 hours. At the end of the year, actual direct labor-hours for the year were 20,400 hours, the actual manufacturing overhead for the year was $506,920, and manufacturing overhead for the year was underapplied by $23,440. The estimated manufacturing overhead at the beginning of the year used in the predetermined overhead rate must have been:_________
A. $501,920
B. $531,445
C. $483,480
D. $511,920
Answer:
D. $511,920
Explanation:
For determining the estimated manufaturing overhead first determined the predetermined overhead which is shown below:
= (Actual manufacturing overhead - underapplied overhead) ÷ (actual direct labor hours)
= ($506,920 - $23,440) ÷ (20,400 hours)
= $23.7
Now the estimated manufacturing overhead is
= $23.7 × 21,600 hours
= $511,920
Which two advantages do renters have that home buyers don’t have?
Two advantages do renters have that home buyers don’t have are:
B. Renters are not affected by changing property prices.
C. Renters don't have to pay for major repairs to the property.
Major repairs that need to be made in a rented property, like a faulty roof or leaking gas, must be paid for by the homeowner, according to the housing department. In addition, if the housing market crashes, it would be the home's owner who would suffer financial harm.
For homeowners, who are responsible for installation and repairs, amenities that are often free for tenants are not. When renting, a security deposit typically equal to one month's rent is required, but when buying a home with a mortgage, a significant down payment is needed. Renters benefit from cheaper energy costs, more housing flexibility, and access to facilities like a pool or fitness center that would otherwise be prohibitively priced.
Option B and C are the correct answers.
The complete question is, "Which two advantages do renters have that home buyers don't have?
A. Renters don't have to pay a security deposit.
B. Renters are not affected by changing property prices.
C. Renters don't have to pay for major repairs to the property.
D. Renters can have the property renovated at the landlord's expense."
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Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
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Wisdom Toys has budgeted sales and production over the next quarter as follows: Unit Sales Production September 43,000 44,400 October 50,000 52,800 November 64,000 61,200 The company requires that 20% of the next month’s sales in units are on hand at the end of each month. December sales are expected to be 50,000 units. How many video games are in inventory at October 31?
Answer:
$12,800
Explanation:
This can be calculated as follows:
November sales in unit = 64,000
Since Wisdom Toys requires that 20% of the next month’s sales in units are on hand at the end of each month, we have:
Number of video games in inventory at October 31 = November sales in unit * 20% = 64,000 * 20% = 12,800
Therefore, 12,800 video games in inventory at October 31.
Evergreen Company sells lawn and garden products to wholesalers. The company’s fiscal year-end is December 31. During 2021, the following transactions related to receivables occurred:
Feb. 28 Sold merchandise to Lennox, Inc., for $10,000 and accepted a 10%, 7-month note. 10% is an appropriate rate for this type of note.
Mar. 31 Sold merchandise to Maddox Co. that had a fair value of $7,200, and accepted a noninterest-bearing note for which $8,000 payment is due on March 31, 2022.
Apr. 3 Sold merchandise to Carr Co. for $7,000 with terms 2/10, n/30. Evergreen uses the gross method to account for cash discounts.
11 Collected the entire amount due from Carr Co.
17 A customer returned merchandise costing $3,200. Evergreen reduced the customer’s receivable balance by $5,000, the sales price of the merchandise. Sales returns are recorded by the company as they occur.
30 Transferred receivables of $50,000 to a factor without recourse. The factor charged Evergreen a 1% finance charge on the receivables transferred. The sale criteria are met.
June 30 Discounted the Lennox, Inc., note at the bank. The bank’s discount rate is 12%. The note was discounted without recourse.
Sep. 30 Lennox, Inc., paid the note amount plus interest to the bank.
Required:
1. Prepare the necessary journal entries for Evergreen for each of the above dates. For transactions involving the sale of merchandise, ignore the entry for the cost of goods sold.
2. Prepare any necessary adjusting entries at December 31, 2021. Adjusting entries are only recorded at year-end.
3. Prepare a schedule showing the effect of the journal entries on 2021 income before taxes
Answer:
Evergreen Company
1. Necessary Journal Entries for Evergreen involving the sale of merchandise:
Feb. 28 Debit Notes Receivable (Lennox Inc.) $10,000
Credit Sales Revenue $10,000
To record the sale of goods on credit, terms 10% 7-month note.
Mar. 31: Debit Notes Receivable (Maddox Co.) $8,000
Credit Sales Revenue $7,200
Credit Interest Receivable $800
To record the sale of goods on credit.
Apr. 3 Debit Accounts Receivable (Carr Co.) $7,000
Credit Sales Revenue $7,000
To record the sale of goods with terms 2/10, n/30.
Apri. 11 Debit Cash Account $6,860
Cash Discount Allowed $140
Credit Accounts Receivable (Carr Co.) $7,000
To record the collection on account.
Apr. 17 Debit Sales Returns $5,000
Credit Accounts Receivable $5,000
To record the return of goods on account.
Apr. 30 Debit Cash Account $49,500
Debit Finance Charges $500
Credit Accounts Receivable $50,000
To record the transfer of receivables to a factor without recourse and 1% finance charge.
June 30 Debit Cash Account $8,800
Debit Finance Charges $1,200
Credit Notes Receivable $10,000
To record the discounting of the note at the bank at 12%.
2. Necessary Adjusting Journal Entries at December 31, 2021:
3. A Schedule showing the effect of the journal entries on 2021 income before taxes:
Sales revenue $10,000
Sales Revenue 7,200
Sales Revenue 7,000
Discount Allowed (140)
Interest Receivable 800
Sales Returns (5,000)
Finance charges (500)
Finance charges (1,200)
Explanation:
Finance charge of $500 = ($50,000 * 1%). Factoring accounts receivable enables Evergreen to collect on its accounts receivable before the due date. This usually attracts some finance charges. Sales without recourse means that the factoring company and not Evergreen accepts the risk associated with credit default. Sales with recourse implies that Evergreen retains the risk arising from credit default.
Which hobbies help develop an open mind
Answer:
Reading, it extracts your mind.
Explanation:
The second issue you chose to address with Kenisha is the complexity of the product. The marketing department conducted numerous focus groups to gauge their reaction to the prototype, and the feedback from these focus groups revealed that customers perceived the product to be too complicated and not sufficiently user-friendly. Which of the following statements would be the best explanation for the rejection based on the focus groups' feedback that the product was too complex?
a. The good news is that you've put a lot of great features in the Radio-DRM. The bad news is that focus group customers thought that it was about as complicated as programming the Starship Enterprise. They don't want to spend hours adjusting dials and knobs; all they want to do is plug it in and set a few controls.
b. The customers in the focus groups thought this product is just too complicated! You're building a cruise ship when a simple rowboat will do. You and your team need to stop over- engineering.
c. The marketing department conducted several focus groups for this prototype, and it looks like there are some problems with its complexity. You need to fix these problems as soon as possible.
d. As you know, the marketing department conducted several focus groups for the prototype. Although there were features customers liked, much of the feedback from customers was that the Radio-DRM needs to be made simpler and more user-friendly.
Answer:
ushdusbs
Explanation:
espero te si ha bro zorry
started businesse with cash rs 5000 and bank balance rs 10000
Answer:
maybe he earned 5000 more
Explanation:
5000+5000=10000
E-commerce is the buying and selling of goods .
E-commerce is the buying and selling of goods and services "over an electronic network known as internet".
What is the role of E-commerce on the world countries?Basically, an E-commerce fully means an electronic commerce, which refers to the companies and individuals that buy and sell goods and services over the Internet. An electronic commerce operates in different types of market segments and can be conducted over computers, tablets, smartphones and other smart devices.
Almost all imaginable product and service are now available through the ecommerce transactions including books, music, plane tickets and financial services such as stock investing and online banking
Some of the important role of E-commerce on the world economy includes promotion of efficiency of national resources allocation, optimizes the economic structure, improvement of national competitiveness etc.
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Prepare the journal entries for the following petty cash transactions of LintonGaming Supplies:Feb.1Established a petty cash fund with a $ 150balance.28The petty cash fund has $ 14in cash and $ 145in petty cash tickets that were issued to pay for Office Supplies ($ 35)and Entertainment Expense ($ 110).Replenished the fund and recorded the expenses.Mar.15Increased the balance of the petty cash fund to $ 300.
Answer and Explanation:
1. Petty cash Dr, 150
To Cash account $150
(Being establishment of the fund is recorded)
For recording this we debited the petty cash as it increased the current assets and credited the cash as it decreased the value of current assets
2. Office supplies $35
Entertainment expense Dr, $110
To Cash account (balancing figure) $140
To Cash short and over $5 ($150 - $35 - $110)
Here we debited the office supplies and entertainment expense as it increased the expenses and we credited the cash account as it decreased the current assets
3. Petty cash account $150 ($300 - $150)
To Cash account $150
(Being the increase in balance is recorded)
For recording this we debited the petty cash as it increased the current assets and credited the cash as it decreased the value of current assets
what do you do if your lender rejects your loan application
Answer:you tie a noose and hope for the best my friend. and if all goes south, you have a backup plan.
Explanation:
Depreciation On March 20, 2019, Norton Systems acquired two new assets. Asset A was research equipment costing $23,000 and having a 3 year recovery period. Asset B was duplicating equipment having an installed cost of $49,000 and a 5 year recovery period. Using the MACRS depreciation percentages, prepare a depreciation schedule for each of these assets.
Using the MACRS depreciation percentages, a depreciation schedule for each of the assets is as follows:
Asset A Research Equipment:Year Cost Depreciation Accumulated Net Book
Expense Depreciation Value
2019 $23,000 $7,666 $7,666 $15,334
2020 23,000 10,224 17,890 5,110
2021 23,000 3,406 21,296 1,704
2022 23,000 1,704 23,000 $0
Asset B Duplicating Equipment:Year Cost Depreciation Accumulated Net Book
Expense Depreciation Value
2019 $49,000 $9,800 $9,800 $39,200
2020 49,000 15,680 25,480 23,520
2021 49,000 9,408 34,888 14,112
2022 49,000 5,645 40,533 8,467
2023 49,000 5,645 46,178 2,822
2024 49,000 2,822 49,000 $0
What is MACRS depreciation?MACRS means the Modified Accelerated Cost Recovery System. It is a depreciation that allows the capitalized cost of an asset to be recovered over a specified period through annual deductions.
The MACRS system puts depreciable long-term assets into classes based on their set depreciation periods with predetermined rates.
The Modified Accelerated Cost Recovery System (MACRS) is a tax-based depreciation system that gives room for faster depreciation of an asset in its first year.
Data and Calculations:Date of Purchase = March 20, 2019
Asset A Research Equipment Depreciation Expense :
2019 = $7,666 ($23,000 x 33.33%)
2020 = $10,224 ($23,000 x 44.45%)
2021 = $3,406 ($23,000 x 14.81%)
2022 = $1,704 ($23,000 x 7.41%)
Asset B Duplicating Equipment Depreciation Expense :
2019 = $9.800 ($49,000 x 20%)
2020 = $15,680 ($49,000 x 32%)
2021 = $9,408 ($49,000 x 19.20%)
2022 = $5,645 ($49,000 x 11.52%)
2023 = $5,645 ($49,000 x 11.52%)
2024 = $2,822 ($49,000 x 5.76%)
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Question Completion:Applicable MACRS % Rate: rt
Year t 3-year 5-year
property property
1 33.33 20.00
2 44.45 32.00
3 14.81 19.20
4 7.41 11.52
5 --- 11.52
6 --- 5.76
Sum 100.00 100.00
Define nongovernment organizations
Answer:
-UNICEF Việt Nam – Quỹ Nhi đồng Liên Hiệp Quốc
– UNFPA – Quỹ Dân số Liên Hợp Quốc
– UNIDO – Tổ chức Phát triển Công nghiệp Liên Hiệp Quốc
– Aide et Action International
– IntraHealth International
– The Asia Foundation
Explanation:
Tổ chức phi chính phủ phủ là tổ chức quốc tế trong đó các thành viên tham gia không phải là chính phủ, tổ chức phi chính phủ được thành lập một cách tự nguyện, hợp pháp không vì lợi nhuận, thúc đẩy sự phát triển trong công nghệ, khoa học kỹ thuật…
Isabella and Antonio are auto mechanics. Isabella takes 6 hours to replace a clutch and 4 hours to replace a set of brakes. Antonio takes 8 hours to replace a clutch and 6 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage.
Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.
- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.
How to determine the whether anyone has an absolute advantage at either task and, for each taskTo determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.
Let's analyze the tasks:
1. Clutch Replacement:
- Isabella takes 6 hours.
- Antonio takes 8 hours.
Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.
2. Brake Replacement:
- Isabella takes 4 hours.
- Antonio takes 6 hours.
Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.
Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.
Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.
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Hudson Corporation is considering three options for managing its data processing operation: continuing with its own staff, hiring an outside vendor to do the managing (referred to as outsourcing), or using a combination of its own staff and an outside vendor. The cost of the operation depends on future demand. The annual cost of each option (in thousands of dollars) depends on demand as follows:
Demand
Staffing Options High Medium Low
Own staff 650 650 600
Outside vendor 900 600 300
Combination 800 650 500
a) If the demand probabilities are 0.2, 0.5, and 0.3, which decision alternative will minimize the expected cost of the data processing operation?
Own staff, Outside vendor, Combination
What is the expected annual cost associated with that recommendation?
Expected annual cost = $
(b) Construct a risk profile for the optimal decision in part (a).
What is the probability of the cost exceeding $700,000?
Probability =
Answer:
Kindly check explanation
Explanation:
Given the data :
______________DEMAND______________
Staffing option __High ___Medium______Low
Own staff ______650_____ 650 _______600
Outside vendor _900_____ 600 _______ 300
Combination ___ 800 _____650_______ 500
a) If the demand probabilities are 0.2, 0.5, and 0.3, which decision alternative will minimize the expected cost of the data processing operation?
Expected cost :Σp(x) *x
Expected value for OWN STAFF:
(650*0.2) + (650*0.5) + (600*0.3) = 635
Expected value for OUTSIDE VENDOR:
(900*0.2) + (600*0.5) + (300*0.3) = 570
Expected value for COMBINATION:
(800*0.2) + (650*0.5) + (500*0.3) = 635
The decision alternative which will minimize expected cost is OUTSIDE VENDOR as it has the lowest expected value.
Expected annual cost associated with outside vendor is 570
(b) Construct a risk profile for the optimal decision in part (a).
Risk portfolio for outside vendor:
Demand ____cost ____probability
Low _______900 ______ 0.2
Medium ____600 ______ 0.5
High ______ 500 _______0.3
What is the probability of the cost exceeding $700,000?
Probability : This is the probability associated with the low demand of the optimal risk portfolio = 0.2 (0.2 * 100) = 20%
True or False: The term “academic training” refers primarily to formal classes taken in school.
Answer:
False
Explanation:
The cost of using industry sponsored websites such FINRA usually exceeds the benefits for small investors.
True or False
This is correct; the cost of using industry-sponsored websites such as FINRA usually outweighs the benefits for small investors.
What is FINRA?FINRA, or the Financial Industry Regulatory Authority, is a government-authorized not-for-profit organization that oversees US broker-dealers in order to protect investors and ensure market integrity. FINRA's integrity allows investors and firms to participate in the market with confidence. We use deep expertise, cutting-edge technology, and extensive market intelligence to serve as the brokerage industry's first line of defense all at no cost to taxpayers. Broker-Dealers, Capital Acquisition Brokers, and Funding Portals are all regulated by FINRA. A Broker Dealer is a company that buys and sells securities on behalf of its customers, its own account, or both. A Capital Acquisition Broker is a Broker Dealer with fewer restrictions.To learn more about FINRA, refer to:
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Smith, Inc., has the following stockholders’ equity accounts as of January 1, 2021: Preferred stock—$100 par, nonvoting and nonparticipating, 6% cumulative dividend $ 2,250,000 Common stock—$20 par value 4,250,000 Retained earnings 10,250,000 Haried Company purchases all of Smith's common stock on January 1, 2021, for $14,550,000. The preferred stock remains in the hands of outside parties. Any excess acquisition-date fair value will be assigned to franchise contracts with a 40-year remaining life. During 2021, Smith reports earning $700,000 in net income and declares $610,000 in cash dividends. Haried applies the equity method to this investment. What is the noncontrolling interest's share of consolidated net income for this period? What is the balance in the Investment in Smith account as of December 31, 2021? What consolidation entries are needed for 2021?
The specific consolidation entries would depend on the specific details of the transactions and the accounting policies adopted by the companies involved.
To determine the noncontrolling interest's share of consolidated net income for the period and the balance in the Investment in Smith account as of December 31, 2021, we need to calculate the noncontrolling interest's share of net income and the equity method adjustment.
1. Noncontrolling interest's share of consolidated net income for the period:
Net income for Smith, Inc. in 2021 is $700,000. Since Haried Company applies the equity method to its investment, it recognizes its share of Smith's net income as an increase in its Investment in Smith account.
Noncontrolling interest's share of consolidated net income = Net income for Smith, Inc. - Haried Company's share of net income
Net income for Smith, Inc. - Haried Company's share of net income = $700,000 - Haried Company's share of net income
2. Balance in the Investment in Smith account as of December 31, 2021:
The Investment in Smith account represents Haried Company's initial investment in Smith, Inc. and any subsequent adjustments based on the equity method. To calculate the balance in the Investment in Smith account as of December 31, 2021, we need to consider the initial investment, share of net income, dividends, and any equity method adjustments.
Balance in the Investment in Smith account as of December 31, 2021 = Initial investment + Haried Company's share of net income - Dividends +/- Equity method adjustments
3. Consolidation entries for 2021:
Since Haried Company applies the equity method, the consolidation entries for 2021 would involve recording the initial investment, recognizing Haried's share of Smith's net income, and adjusting for any dividends declared by Smith.
The specific consolidation entries would depend on the specific details of the transactions and the accounting policies adopted by the companies involved. Generally, the entries would involve debiting the Investment in Smith account for the initial investment, crediting the equity or investment income account for Haried's share of net income, and debiting the Investment in Smith account for any dividends received.
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how to use standard deviation, I don't really understand how to calculate and use the formula, someone can please give me an example with formula it would be great thank you so much. 
Envision a multinational enterprise (MNE) making decisions about its internationalization strategy. The more such company's products have HIGH local responsiveness pressures, the MORE such company would TEND to _______ : Group of answer choices serve international markets from locations as close as possible to local consumers and preferences lower the costs of value creation decrease product and SKU variation to increase scale serve domestic and international markets from a single (or from very few) production facilities
Answer: serve international markets from locations as close as possible to local consumers and preferences
Explanation:
High local responsiveness pressures means that some or most of the countries that the MNE is involved in has tastes and preferences that differ from each other. There is therefore a need to customize products to suit these preferences.
This is why the MNE would have to serve its international markets from locations that are as close as possible to local consumers so that they may be able to customize their products as required for that specific market.
9.
Which must pass through the state probate court system?
O A. Testamentary trust
O B. Living trust
O C. Pour-over trust
Before a will is written, a testamentary trust must go through probate. The correct answer is option (a).
What do you mean by probate?Before a will is written, a testamentary trust must pass through probate. In the course of probating the will, the executor will also establish the trust. Legal expenses may be deducted from the trust funds if the trustee needs legal counsel on how to manage the trust.
The term "probate" refers to a copy of a will that has been witnessed by a court official and is accompanied by a grant of management of the testator's assets. Only the will's appointed executor is eligible for a probate. A probate is also required if the will covers real estate in more than one state.
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If a savings account has a nominal interest rate of 2% and compounds quarterly, what is the effective annual interest rate?
Answer:
To calculate the effective annual interest rate (EAR) from a nominal interest rate with quarterly compounding, you can use the following formula:
EAR = (1 + (r/n))^n - 1
Where:
r is the nominal interest rate (expressed as a decimal), which is 2% in this case (0.02).
n is the number of compounding periods per year, which is 4 (quarterly compounding).
Plugging in the values, we have:
EAR = (1 + (0.02/4)) - 1
= (1 + 0.005) ⁴- 1
= (1.005) 1
≈ 0.0202
Therefore, the effective annual interest rate for a savings account with a nominal interest rate of 2% and quarterly compounding is approximately 2.02%.
Why is it that everyone cannot have everything they could possibly want?
because that would make you spoiled, and no one will like you. And some things aren't buyable
I
The constant growth formula is a good tool to use to value companies in the
industry.
O technology
2000
о
pharmaceutical
utility
I DON'T KNOW YET
The constant growth formula is typically applied more commonly in the utility industry.
The constant growth formula, also known as the Gordon Growth Model, is commonly used to value companies in industries with stable and predictable dividend growth rates. It assumes that the company's dividends or earnings will grow at a constant rate indefinitely. However, it may not be the most suitable tool for valuing companies in every industry.
The constant growth formula can be a useful tool for valuing companies in certain industries like utilities, but it may not be the most appropriate choice for valuing companies in the technology or pharmaceutical sectors.
Utility companies often exhibit stable and predictable cash flows, making them suitable candidates for valuation using the constant growth model.
Therefore, the correct option is utility.
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