Answer:
Requirement: Journalize the entry to close the revenues and expenses. If an amount box does not require an entry, leave it blank. Lorraine Grecco, Capital Carrie Rosenfeld, Capital Journalize the entry to close the drawing accounts. If an amount box does not require an entry, leave it blank
Account Titles Debit Credit
Revenues $654,000
Expenses 570,000
Lorraine Grecco, Capital $42,000
Carrie Rosenfeld ,Capital $42,000
Lorraine Grecco, Capital $43,000
Carrie Rosenfeld ,Capital $53,000
Lorraine Grecco, Drawing $43,000
Carrie Rosenfeld ,Drawing $53,000
During June, Birch Bay Company's Department B equivalent unit product costs computed under the FIFO method were as follows: Materials $2 Conversion $3 Transferred-in $5 Materials are introduced at the end of the process in Department B. There were 4,000 units (70 % complete as to conversion costs) in work in process at June 30. The total costs assigned to the June 30 work in process inventory should be:
At the end of June, there were 4,000 units in production that were 60% complete in terms of conversion costs. A total of $27,200 should be allocated toward the work-in-progress inventory as of June 30.
What else do you mean by that?Inventory is the term used to describe all the products, materials, goods, and merchandise that a company has on hand and plans to sell to customers for a profit. The car will be handled like an asset.
What are the three different categories of stock?There are three sorts of inventories that manufacturers deal with. These are unfinished products, work in progress, and raw materials, which are all ready to be worked on .
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Ana is a supervisor at a hotel. She needs to talk with an employee who has been rude to coworkers and seems uninterested in learning new job duties.
What is the FIRST thing Ana should do before she has this difficult conversation?
She should avoid the underperforming employee for as long as possible in case their behavior improves on its own.
She should see if she can convince someone else on the team to have this difficult conversation with the underperforming employee.
She should decide what the purpose and outcome of the conversation will be-whether she will give the employee a written warning.
for instance
OD. She should make a list of the employee's positive qualities so she doesn't act too harshly or hastily
OA.
B.
C.
Reset
Next
The first thing that ana should do before she has a difficult conversation with the underperforming employee is to decide what the purpose and outcome of the conversation will be therefore the correct answer is c
What Ana has to doshe should decide what the purpose and outcome of the conversation will be whether she will give the employee a written warning for instance before having a difficult conversation with an underperforming employee
it is important for the supervisor to define the purpose and outcome of the conversation this will help to ensure that the conversation is productive and focused and that the employee understands the expectations and consequences of their behavior
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Which of these are advantages of increasing your market
share? (Select three answers.)
Building your reputation
Inspiring competition
Limiting capacity
Lowering costs through economies of scale
Increasing sales in slow markets
Unprofitable customers
Answer:
The three advantages of increasing market share are as follows:
Explanation:
1. Building your reputation:
Reputation in business terminology is called "Goodwill". Goodwill is measured in monetary terms and is shown on the assets side of the balance sheet. Higher goodwill indicates a higher reputation of the firm which in turn attracts potential buyers of the shares.
2. Lowering costs through economies of scale:
Lowering costs through economies of scale maximizes the profit, and the higher profits higher the dividends, and the higher dividends increase the demand for shares in the market.
3. Inspiring competition:
Inspiring competition tells the external and internal users of the company what makes them different from its competitors and when you stand unique from others in the market the market price of the share increases.
That is it called when you give up something to have
something else
When you have to give up one thing in order to get another this is called a Tradeoff.
Why do we have tradeoffs?As a result of scarcity, the resources available to us are not enough for all our needs and wants. We are forced to choose between needs and wants that will be satisfied.Tradeoffs therefore lead to opportunity costs because we would be giving up the benefits of the alternative to the option we chose.
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With more organizations providing dispute resolution procedures will unions become obselete
Unions have the gain of demanding high wages, higher working conditions, job security, and addressing the grievances of their affiliated workers.
However, unions additionally have disadvantages, such as creating unemployment and being lethargic. In addition, unions can lead to a waste of productive time for the duration of strikes.
What are the weak point of change union movement in India?Limited Membership two Domination of Political Parties 3 Small Size of Trade Unions 4 Lack of Unity 5
Trade unions fail because of vested interests and lack of dedication on the phase of stakeholders. This 'lack of commitment' limits the required attitude, knowledge, ability and application for sustained success. Primarily, there are 4 stakeholders—workers, trade union leaders, company administration and the government.
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the basics of color theory assume what central tenets?
Answer:
Color has important psychological and visual effects on the audience.!
Explanation:
give brainly please:)
Answer:I hope this helps you out
Explanation:
The basics of color theory assume three central tenets: hue, saturation, and brightness. Hue is the aspect of color that we identify as red, blue, green, yellow, etc. Saturation refers to the intensity or purity of a color, and brightness refers to how light or dark a color appears.
James received a raise after his first year on the job to $43,800 from his initial salary of $42,000. Inflation averaged 2.8% for that first year. In real terms (i.e., adjusted for inflation), what was his real raise stated as a percentage?
The calculation for percentage change of personal income is:
Group of answer choices
4.29%
2.29%
5.29%
1.29%
The calculation for percentage change of personal income is A. 4.29%. that is, the real raise of salary in percentage is 4.29%.
What is inflation?The overall rise in prices of goods and services over time in an economy is referred to as inflation. When inflation occurs, people may purchase fewer products and services with the same amount of money because the purchasing power of a unit of currency declines.
How do you determine it?James's initial income of $42,000 must be adjusted for inflation before being compared to his current compensation of $43,800 in order to determine his actual raise. The inflation rate was 2.8%.
Raise in salary = 43800 - 42000 = $1800
Therefore, real raise of salary in percentage is:
= Raise in salary/ initial salary x 100%
= 1800/42000 x 100%
= 4.285% = 4.29%
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What are some of the legal restrictions on how organizations can recruit employees?
The legal restrictions on how organizations can recruit employees are no illegal to discriminate against a job candidate , there should be not favoritism when collection applicants.
What are the legal restrictions on recruitment of employees?The legal restrictions on recruitment of employees are those restriction that is been set up so that the employers can not be able to do as they like when recruiting the new employees.
One of this restriction is that there should not be any kind of discriminate against a job candidate which could base on the color as well as gender differences when making the recruit.
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Oakley bakes muffins that he sells at the local farmer's market. If he purchases a new convection oven that reduces the costs of baking muffins, the asupply of Oakley's muffins will increase. b. supply of Oakley's muffins will decrease. c. demand for Oakley's muffins will increase. d. demand for Oakley's muffins will decrease.
According to the given statement supply of Oakley's muffins will decrease.
The correct option is B.
What is called market?The entire number of market participants in the region or region under review is referred to as the market. Earth, as well as several nations, regions, states, and cities, may be the subject. The worth, expense, and cost of the goods traded depend on the dynamics of supply and demand on the market.
What is marketing plan?A marketing strategy is a long-range plan for attaining a business' objectives via a knowledge of client demands and the development of a distinct and long-lasting competitive advantage. It includes everything, from choosing which channels to utilise to contact your consumers to figuring out who they are.
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An organization that provides goods and services while seeking to operate at a profit is atn)
(Enter one word in the blank)
The organization where the goods & services should be operated for profit is known as the business.
The following information related to the business is:
It is an organization or the company where the entity should be engaged in commercial activities, industrial activities, etcIt is the efforts & activities of an individual or the company that generated the production and sale of the goods and services for the profit purpose.Therefore we can conclude that The organization where the goods & services should be operated for profit is known as the business.
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Strong _______ skills influence hiring decisions and job performance, while at the same time promoting good relations in your personal life.
An accurate description of privatization is that Multiple Choice it started in China in the early 1980s. it involves replacing a state-owned monopoly with a private monopoly. it is most successful whencountries adopt communism. when newly privatized firms are protected from foreign competition, they have little incentive to restructure their operations to become more efficient. in today's context, a country runs the risk of experiencing a serious economic crisis if it liberalizes and privatizes state-owned enterprises.
Answer: When newly privatized firms are protected from foreign competition, they have little incentive to restructure their operations to become more efficient.
Explanation:
Privatization of state owned companies refers to the process of making them private firms that are owned by other parties apart from the Government.
This is usually done to the improve efficiency of the company as state owned firms can be inefficient resulting from being a monopoly.
If firms that are newly privatized are protected from foreign competition, the company would just become a private monopoly so they will not have any incentive to restructure their operations to become more efficient thereby defeating the whole point of making them efficient in the first place.
⦁ Which of the following is NOT one of the ways the U.S. Government tries to stabilize the economy?
⦁ ensure that jobs are available for all those who can work
⦁ prevent drastic shifts in prices
⦁ regulate the banking system
⦁ insist on American citizenship for all immigrants
Answer:
4, the last one
Explanation:
Poehling Medical Center has a single operating room that is used by local physicians to perform surgical procedures. The cost of using the operating room is accumulated by each patient procedure and includes the direct materials costs (drugs and medical devices), physician surgical time, and operating room overhead. On January 1 of the current year, the annual operating room overhead is estimated to be: Disposable supplies $278,900 Depreciation expense 69,800 Utilities 29,800 Nurse salaries 259,300 Technician wages 118,200 Total operating room overhead $756,000 The overhead costs will be assigned to procedures, based on the number of surgical room hours. Poehling Medical Center expects to use the operating room an average of eight hours per day, seven days per week. In addition, the operating room will be shut down two weeks per year for general repairs. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.1. Determine the predetermined operating room overhead rate for the year.
2. Bill Harris has a five-hours procedure on Jan 22. How much operating room overhead would be charged to his procedure, using the rate determined in part 1?
3. During January, the operating room was used 240 hours. The actual overhead costs incurred for January were $67,250. Determine the overhead under or over applied for the period.
Answer:
Results are below.
Explanation:
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Total number of surgical room hours= (8*7)*52= 2,912 hours
Predetermined manufacturing overhead rate= 756,000 / 2,912
Predetermined manufacturing overhead rate= $259.61 per surgical room hour
Now, we can allocate costs using the following formula:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 259.61*5
Allocated MOH= $1,298.05
Finally, the under/over allocation for January:
Under/over applied overhead= real overhead - allocated overhead
Allocated overhead= 259.61*240= $62,306.4
Under/over applied overhead= 67,250 - 62,306.4
Underapplied overhead= $4,943.6
A) What does it mean for a country to have a negative interest rate? What does it mean for borrowers?
B) Do some research and find countries that currently have a negative interest rate.
C) Why would a central bank lower the interest rate beyond zero?
A) When a country has a negative interest rate, it implies that the central bank, or the monetary authority of the country, has taken a stance that is intended to promote spending and investment.
B) Countries that currently have a negative interest rate are:Switzerland. -0.75 percentEuropean Central Bank (ECB) -0.50 percentDenmark -0.60 percentJapan -0.10 percentSweden -0.35 percent
C) Lowering interest rates beyond zero serves as a stimulus for the economy, causing people to spend more money and businesses to invest more in capital projects.
A) When a country has a negative interest rate, it implies that the central bank, or the monetary authority of the country, has taken a stance that is intended to promote spending and investment. This is accomplished by creating a climate that encourages borrowers to borrow and lenders to lend.
Negative interest rates make it less expensive for businesses and individuals to borrow money, making it easier for them to invest in growth or make major purchases. As a result, consumption increases, and deflation, or a decrease in prices, can be reduced.
B) Countries that currently have a negative interest rate are:Switzerland. -0.75 percentEuropean Central Bank (ECB) -0.50 percentDenmark -0.60 percentJapan -0.10 percentSweden -0.35 percent
C) Lowering interest rates beyond zero serves as a stimulus for the economy, causing people to spend more money and businesses to invest more in capital projects. As a result, low-interest rates encourage borrowers to borrow more money, lowering borrowing costs and increasing spending.
This spending can help increase economic growth and reduce unemployment by putting more money in people's pockets and increasing demand for goods and services.
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As a leader, which of the following will NOT effectively influence the growth and performance of your direct reports?
Lack of managerial trust is the main barrier to the development of effective organisations.
What impact do leaders have on a company's performance?Leaders may support the success of their teams and the upholding of corporate values by offering chances for learning and development, goal-setting, and recognition. Employees can reach new heights with the aid of frequent one-on-one sessions and two-way feedback. Regular, transparent communication about their job increases the trust that employees have in their leader.
What factors have an impact on a company's performance?How successfully the organisation performs is influenced by a variety of factors, including human resource planning, recruiting procedures, employee training, and career management. Technology, organisational norms, material purchases, and inflation are other factors that have indirect effects on organisational effectiveness.
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As a leader, which of the following will NOT effectively influence the growth and performance of your direct reports?
a- organisational intelligence
b- team promotion
c- trust building
d- Lack of managerial trust
An example of product placement is when a:
A. Verizon phone is featured in an advertisement,
B. TV show has a character who uses an iPhone,
c. movie's characters use lots of computers.
D. celebrity uses a product in an advertisement
Answer:
verizon phone is featured in an advertisement
What is the difference between final goods and intermediate goods?
A) Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use.
B) Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods.
Final goods and intermediate goods are terms used in economics to distinguish between different types of goods in the production process. Here's a breakdown of the difference between the two:
1. Final Goods:
Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use. These goods are ready for consumption and do not undergo further processing or transformation before reaching the final consumer. Examples of final goods include food products, clothing, electronics, furniture, and vehicles. Final goods are the end result of the production process and are intended for final consumption or use.
2. Intermediate Goods:
Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods. They are not intended for final consumption but are instead used as raw materials, components, or capital goods in the production process. Intermediate goods undergo further processing or transformation before being included in the final goods. Examples of intermediate goods include raw materials like steel or wood, components like circuit boards or engines, and machinery or equipment used in production.
The key distinction between final goods and intermediate goods lies in their purpose and stage in the production process. Final goods are produced for the ultimate satisfaction of consumers' needs and are ready for consumption, while intermediate goods are used in the production of other goods and undergo further processing.
It's important to note that when calculating a country's Gross Domestic Product (GDP), only the value of final goods is considered. Intermediate goods are excluded to avoid double-counting, as their value is already included in the final goods they contribute to. By focusing on final goods, GDP provides a measure of the value of goods and services produced for final consumption in an economy.
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tehe adjusted trial balance for wayne company at the end of the current year contained the following accounts
The total long-term liabilities reported on the balance sheet is $3355000 based on adjusted trial balance for wayne company at the end of the current year.
the The total long-term liabilities can be calculated as:
Total long term liabilities = Bond payable + Premium on bond payable +
note payable (5 yrs.) + Long term Mortgage
payable
= $2900000 + 102000 + 165000 + (201000
-13000)
= $3355000
the complete question is:
The adjusted trial balance for wayne Company at the end of the current year, contained the following accounts.
5-year Bonds Payable 9% is $2900000
Interest Payable is 51000
Premium on Bonds Payable is 102000
Notes Payable (3 months.) is 40000
Notes Payable (5 yr.) is 165000
Mortgage Payable ($13000 due currently) is 201000
Salaries and wages Payable is 16000
Income Taxes Payable (due 3/15 of 2022) is 23000
The total long-term liabilities reported on the balance sheet are
a) $3368000.
b) $3266000.
c) $3355000.
d) $3253000.
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Which of these is not an example of good practice when differentiating phonological awareness instruction?
a.
Increasing the intensity of instruction by teaching in smaller group sizes.
b.
Expecting all children to be able to produce rhyming words at the same time of the year.
c.
Increasing the intensity of instruction by giving individual children more opportunities to respond.
d.
Supporting children's understanding of an activity by using visual supports.
The option that is not an example of good practice when differentiating phonological awareness instruction is (b) Expecting all children to be able to produce rhyming words at the same time of the year.
What is good practice?Recognizing that children learn at various speeds and have varied degrees of preparedness is a key component of good practice in differentiating phonological awareness training. It is unrealistic to anticipate that all kids will develop at the same rate.
Each child's unique requirements and talents are taken into account while differentiating instruction. Therefore, it is inconsistent with the ideas of differentiation to expect all kids to be able to come up with rhymes at the same time of the year.
Therefore the correct option is b.
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Để hành nghề, thẩm định viên bắt buộc phải có những năng lực tối thiểu về
Explanation:
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which of the following is not a sign to clear a table?
A. Napkins are put back on table.
B. Cutlery is placed in a vertical position on top of plate
C. Cutlery is placed in a perpendicular position on top of plate
D All of the above
Answer:
is placed in a vertical position on top of plate
C. Cutlery is placed in a perpendicular position on top of plate
D All of the above
The Management of “TanjungUdaBerhad” is planning a RM4,000,000 expansion this year. The expansion can be financed by issuing either common shares of bonds. The new common share can be sold for RM$5 per share. The bonds can be issued with a 12% coupon rates. The firm’s existing preference share pay dividends of RM$2 per share. The company’s corporate income tax is 30%. The financial statement of TanjungUdaBerhad is as follow:-
TanjungUdaBerhad
Balance Sheet as at 31st December 2021
Current Assets RM$ 2,000,000
Fixed Assets RM$ 8,000,000
RM$ 10,000,000
Current Liabilities RM$ 1,500,000
Bonds:
(8.5%, RM1,000 par value) RM$ 4,000,000
(9%, RM1,000 par Value) RM$ 1,000,000
Preference Shares
(RM$ 100 par value) RM$ 500,000
Ordinary Shares
(RM$ 2 par value) RM$ 2,400,000
Retained Earnings RM$ 600,000
RM$ 10,000,000
Required:
a) Calculate the indifference level of EBIT between the two Plans.
b) If EBIT is Expected to be RM1,500,000 which plan will result in ahigh EPS?
Based on the preference shares and the bond values given, the indifference level of EBIT for TanjungUdaBerhad is $1,142,857.
With an EBIT of RM1,500,000, the plan with the higher EPS will be to Issue bonds.
What is the indifference level of EBIT?This can be found as:
(Indiffernce level x ( 1 - tax rate) - Preference share dividends) / Outstanding shares if new shares are issued = ( (Indifference level - Interest) x (1 - tax rate) - Preference dividends) / Outstanding shares if bonds issued
Outstanding shares if new shares are issued is:
= Current shares + New shares
= (2,400,000 / 2) + (4,000,000 / 5)
= 2,000,000 shares
Interest amount:
= 12% x 4,000,000
= $480,000
Indifference level is:
(I x ( 1 - 30%) - 10,000) / 2,000,000 = ( ( I - 480,000) x ( 1 - 30%) ) / 1,200,000
I = $1,142,857
Which EPS is higher if EBIT is RM1,500,000?Issuing shares:
= (1,500,000 x ( 1 - 30%) - 10,000) / 2,000,000
= 0.52
Issuing bonds:
= ( ( 1,500,000 - 480,000) x ( 1 - 30%) ) / 1,200,000
= 0.59
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SSG Cycles manufactures and distributes motorcycle parts and supplies. Employees are offered a variety of share-based compensation plans. Under its nonqualified stock option plan, SSG granted options to key officers on January 1, 2021. The options permit holders to acquire 12 million of the company’s $1 par common shares for $11 within the next six years, but not before January 1, 2024 (the vesting date). The market price of the shares on the date of grant is $13 per share. The fair value of the 12 million options, estimated by an appropriate option pricing model, is $3 per option. Required: 1. Determine the total compensation cost pertaining to the incentive stock option plan. 2. & 3. Prepare the appropriate journal entries to record compensation expense on December 31, 2021, 2022, and 2023. Record the exercise of the options if all of the options are exercised on May 11, 2025, when the market price is $14 per share.
1. The total compensation cost pertaining to the incentive stock option plan is $36 million.
2. & 3. The appropriate journal entries to record compensation expense on December 31, 2021, 2022, and 2023 are:
1. Total compensation expense
Total compensation expense=Total option× Fair value per option
Total compensation expense=$3×12 million
Total compensation expense= $36 million
2. SSG Cycles Journal entry
December 31, 2021
Debit Compensation expense $12 million
Credit Additional-paid in capital -Stock options $12 million
($36 million/3 years = $12 million per year)
(To record compensation expense)
December 31, 2022
Debit Compensation expense $12 million
Credit Additional-paid in capital -Stock options $12 million
($36 million/3 years = $12 million per year)
(To record compensation expense)
December 31, 2023
Debit Compensation expense $12 million
Credit Additional-paid in capital -Stock options $12 million
($36 million/3 years = $12 million per year)
(To record compensation expense)
3. May 11, 2025
Debit Cash $132 million
($11×12 million)
Debit Additional-paid in capital -Stock options $36 million
Credit Common stock $12 million
($1×12 million)
Credit Additional-paid in capital -excess par $156 million
($132 million+$36 million-$12 million)
(To record the exercise of stock option)
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B2B marketing requires a special, unique set?
Gilberto is a talented artist who sells hand-crafted goods on his website. Gilberto currently crafts and sells both crochet hats and embroidered sweaters. He spends 8 hours a day working on crafts. The following table gives different daily output scenarios depending on how much of his time is spent on each good.
The circle symbols on the graph that are colored blue indicate the initial production possibilities frontier of Gilberto.
What happens if Gilberto was producing knit caps?If Gilberto dedicates all his time to producing knit caps, he can make up to 8 per day, or he can make up to 20 pillows per day if he solely focuses on making pillows.
Unfortunately, due to his limited working hours of only 8 per day, he is unable to manufacture a total of 8 knitted hats and 20 cushions daily.
The production possibilities frontier (PPF) displays the various pairings of knit caps and pillows that Gilberto is capable of manufacturing within a day.
While boosting the production of knitted caps, Gilberto would have to cut down on the production of pillows. The reason for this is that his work time is restricted. By choosing to produce an additional knit cap, the sacrifice is the ability to produce one less pillow.
The concept of opportunity cost can be better comprehended with the aid of the PPF. This indicates that in order to increase the production of a particular item, we must sacrifice the production of another item. Gilberto would need to sacrifice the production of some pillows if he aims to increase the output of knit caps.
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Gilberto is a talented artist who sells hand-crafted goods on his website. Gilberto currently crafts and sells both knit caps and pillows. He spends 8 hours a day working on crafts. The following table gives different daily output scenarios depending on how much of his time is spent on each good.
Choice
Hours Crafting
Produced
(Knit caps)
(Pillows)
(Knit caps)
(Pillows)
A 8 0 4 0
B 6 2 3 10
C 4 4 2 16
D 2 6 1 19
E 0 8 0 20
On the following graph, use the blue points (circle symbol) to plot Gilberto's initial production possibilities frontier (PPF).
which of the following attempts to match the sunk cost of an asset with the periods that benefit from that cost?
Accounting depreciation will match the sunk cost of an asset with the periods that benefit from that cost.
What is Accounting depreciation?The Accounting depreciation is an asset throughout its useful life is referred to as depreciation. Depreciation is a measure of how much an asset has been used for. By paying for investments over a specific amount of time, it enables businesses to generate income from the ones they possess.
The initial cost of ownership is drastically lowered because businesses are not required to fully account for them in the year the assets are purchased. The profitability of a corporation may suffer significantly if Accounting depreciation is not taken into account. For both tax and accounting reasons, businesses can depreciate long-term investments.
The difference in value over time of intangible assets is taken into account by amortization, which is comparable to Accounting depreciation.
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Free Cash Flow
100
Growth rate
2%
Tax Rate
1%
Cost of Capital
5%
Debt-to-total value
50%
Given the data in the above, what is the terminal value of the business (using the growing perpetuity formula)?
Answer:
Explanation:
Terminal value of business Formula = FCF (1+g)/(WACC- g)
Where:
FCF= current free cash flow = 100
g= Growth rate = 2%
WACC = Weighted average cost of capital = Cost of capital = 5%
Terminal Value of the business= FCF (1+g)/(WACC- g)
Terminal Value of the business= 100 (1+2%)/(5%- 2%)
Terminal Value of the business= 3,400
What basic economic question is addressed in the press release?
Answer:
for whom to produce
Explanation:
for whom to produce
Which career requires LESS education than an Auditor?
a) Accountant
b) Bookkeeper
c) Credit Analyst
d) Financial Manager