The Field, Brown & Snow partnership was begun with investments by the partners as follows: Field, $131,700; Brown, $167,700; and Snow, $155,400. The partners decide to liquidate, sharing all losses equally. On May 31, after all assets were sold and all creditors were paid, only $47,100 in partnership cash remained.

Required:
a. Compute the capital account balance of each partner after the liquidation of assets and the payment of creditors.
b. Assume that any partner with a deficit agrees to pay cash to the partnership to cover the deficit. Present the journal entries on May 31 to record (a) the cash receipt from the deficient partner(s) and (b) the final
disbursement of cash to the partners.
c. Assume that any partner with a deficit is not able to reimburse the partnership. Present journal entries (a) to transfer the deficit of any deficient partners to the other partners and (b) to record the final disbursement of cash to the partners.

Answer:

A)

Reduced toll revenues would threaten public road maintenance budgets.

Explanation:

If cars will more than three people will not pay tall chargers, the city will collect fewer revenues from the toll stations as some cars will not pay. A significant decline in revenues that can affect road maintenance can influence the city to weigh against implementing that proposal.

Spreading the peak time traffic and increasing speeds is what the city hopes to achieve. The city would be happy if the average number of miles commuted remain the same. The only negative effect that could halt the implementation of the plan is reduced revenues.

Answer:A) reduce total revenues would threaten public road maintenance budgets.

Explanation:

1. Auditing plays important role by providing assurance and credibility to financial statements which enhances investor confidence and promotes efficient allocation of resources.

Auditing is essential for the economy as it helps maintain trust and confidence in the financial information reported by businesses. By conducting independent assessments of financial statements, auditors provide assurance to stakeholders that the information is reliable and accurate.

This assurance is particularly valuable for investors, creditors, and other parties who rely on financial statements to make informed decisions. Auditing also helps detect and prevent fraud, mismanagement, and other financial irregularities and thereby safeguarding the integrity of the financial system.

2. Auditing and other assurance services play a vital role in society by providing independent evaluations of financial statements and other information enhancing the reliability and credibility of financial reporting.

3. Issues associated with the audit of public sector, not-for-profit, and small business entities include unique reporting requirements, limited resources etc.

4. The professional, legal, ethical, and regulatory framework surrounding audits and assurance engagements should be critically evaluated to ensure independence, competence, integrity, adherence to standards, and the protection of public interest.

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For Jack to claim the standard mileage rate for the business use of his pick-up, he is not expected to keep the records of b. Cost of insurance for the pick-up.

Instead, Jack must record the total, business, and commuting mileage for the year. He does not need to record the cost of insurance to claim the standard mileage rate.

Thus, Jack can claim the standard mileage rate for the business use of his pick-up without the record of the cost of insurance.

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Explanation:

I don't have direct knowledge of the organization you are currently working in. However, I can provide a general example to help illustrate the systems characteristics of an organization. Let's consider a fictional manufacturing company called "ABC Manufacturing."

Objective:

The objective of ABC Manufacturing is to efficiently produce and deliver high-quality products to its customers while maximizing profitability. The organization aims to maintain a competitive edge in the market by consistently meeting customer demands and optimizing its operations.

Components:

1. Human Resources: The employees of ABC Manufacturing form a crucial component. They include production workers, managers, engineers, and support staff. Each employee contributes their skills and expertise to ensure smooth operations. For example, production workers assemble products, engineers design new prototypes, and managers oversee the overall functioning of the organization.

2. Production Facilities: The physical infrastructure, including factories, warehouses, and equipment, is another vital component. These facilities house the production lines, machinery, and storage areas necessary for manufacturing products. The efficient functioning of the production facilities is essential to meet production targets and ensure the timely delivery of goods.

3. Supply Chain and Logistics: The supply chain component involves managing the flow of materials, resources, and finished products. This includes sourcing raw materials, coordinating with suppliers, inventory management, and distribution logistics. Effective supply chain management ensures that the right materials are available at the right time, minimizing delays and reducing costs.

Interrelationships among Components:

The components of ABC Manufacturing are interrelated and interconnected, forming a system that works together to achieve the organization's objectives. Here are a few examples of interrelationships among these components:

1. Human Resources and Production Facilities: The production facilities rely on the skills and efforts of the employees. Human resources ensure that the right talent is hired, trained, and deployed in the production process. They also provide support and maintenance services to ensure the smooth functioning of the production facilities.

2. Production Facilities and Supply Chain: The production facilities rely on the timely availability of raw materials from the supply chain. Efficient coordination between production and supply chain teams is necessary to maintain optimal inventory levels and avoid production delays.

3. Supply Chain and Human Resources: The supply chain team collaborates with human resources to forecast demand, plan workforce requirements, and align production schedules accordingly. Effective communication and coordination between these components ensure that the production process meets customer demand and avoids excessive inventory or stockouts.

By viewing ABC Manufacturing through a systems perspective, we recognize that the organization is a complex interplay of various components working together to achieve a common objective. Understanding the interrelationships and dependencies among these components helps in identifying areas for improvement and optimizing the overall performance of the organization.

Answer:Dashen Bank s.c is a company where I am working in it. The company’s objective is to maximize its profit and become from the lists in best class banks in Africa. To achieve this objective it has its own system which contains the following components

• A banking software called FLEXCUBE which is the core software which accomplishes the majority of the banking day to day activities e.g. cash withdrawal, cash deposit, account opening general leger account postings etc.

• CATPS(card application tracking and processing system) is a component of a system which is used to capture ATM card applications  and authorize the processed/ captured applications in order to produce the cards

• Amole admin/internet banking application is used to create an access to the customers such that user name and passwords and and link bank accounts so customers can transfer money, make payments at home.

The above listed components have interrelation each other. E.g. in order to produce cards using CATPS, the customer must have a bank account with precise customer data such that signature, photo etc. so these stated things  i.e. account opening, signature and photo uploading activities are processed by FLEXCUBE software. In the same manner, in order to get an access to the bank account using amole/ internet banking, the customer must have properly opened bank account with customer signature and photo which is also processed by using FLEXCUBE software.

Answer:

a decrease in the demand for chocolate with no change in the supply of chocolate will create more demand

Explanation:

The people want what they want and that's not going to change even if the product is low in stock.

The double-declining balance method is an effective way to depreciate assets in the early years of their useful life and reduce the balance of the asset more quickly than the straight-line method. This helps companies to account for the asset's cost more accurately over time and to recognize its diminishing value as it ages.

Double-declining balance method is a method of depreciation that is an accelerated method.

The depreciation rate is twice as much as the straight-line method's depreciation rate.

This method begins with an asset's value at the beginning of its use and then decreases at a constant rate throughout its useful life until it reaches the asset's salvage value.

This depreciation method is most commonly used for assets that depreciate quickly at the beginning of their useful life and then slowly depreciate over time until they are scrapped or sold.

Assets such as computers, vehicles, and machinery are common examples of assets that use this method of depreciation.

Double-declining balance method can be calculated using the following formula:Annual depreciation = (2 / useful life in years) * book value at the beginning of the yearOrDepreciation rate = 2 / useful life in years.

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Answer:

A cover is a job application or document in this case that is submitted with The client's/Your credentials and why your interested in the job opening.

Answer:An organizational iceberg can sink a business if the leaders don't take the time to find out what's beneath the surface of their culture. But once you recognize the issues at the different levels of the organizational iceberg, you can appropriately address them and keep your business in safe waters.

Explanation:IM SMART

The three purposes for which individuals or groups can use products in order for it to be considered a business market are resale, use in daily operations, and direct use in producing other products.

When the seller knows or has a strong reason to expect that the products or services will be sold again, whether in their original form, in a modified form, as a part, component, or ingredient of another product, a sale is being made for resale.

The everyday operations that a company and its workers carry out with the aim of making a profit and raising the intrinsic worth of the company as a continuing concern are called daily operations.

Reselling, using things in regular operations, and directly producing other products are the three ways that people or groups might use products in order for them to be deemed a business market.

The entire number of buyers and sellers in the area or region under consideration is referred to as the market. Earth, as well as several nations, regions, states, and cities, maybe the subject. The worth, expense, and cost of the goods traded depend on the forces of supply and demand in the market.

The term "available market" refers to a market that includes all local residents. There is a "market minimum" inside the available market or the size of the market that will purchase items without any marketing effort. Without taking any action, a corporation could only receive sales like this one. This level is getting lower and lower in the modern world.

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A successful data-driven market segmentation program depends on the "use of transactional and event data", "a common definition of market segments", "and the development of a centralized CRM database" but it does not depend on "the rejection of tradiitional marketing research techniques".

The correct option to the given question is option a.

Traditional marketing research techniques, such as surveys, focus groups, and interviews, have long been used to gather insights about consumer behavior and preferences. While these techniques may have limitations, they still play a valuable role in understanding customer motivations and attitudes. Data-driven market segmentation programs can benefit from a combination of both traditional and data-driven research approaches. The use of transactional and event data is crucial for a data-driven market segmentation program. This type of data provides valuable information about customer behaviors, purchase patterns, and interactions with the business.

Having a common definition of market segments across all areas of the business ensures consistency and alignment in marketing efforts. This allows for targeted and personalized messaging that resonates with each segment. It also facilitates coordination between different departments, such as marketing, sales, and customer service, leading to a more cohesive and effective customer experience.

Finally, developing a centralized and accessible CRM database is essential for managing and analyzing customer data. It enables the integration of data from various sources, such as transactions, interactions, and demographic information, into a single platform. This centralized database provides a comprehensive view of customers, enabling more accurate segmentation and personalized marketing initiatives.

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The amount of equity they have in their home is $90,000 ($180,000 appraisal value - $90,000 mortgage balance).

Kai and Ivy can obtain a home equity credit line of $67,500. The tax-deductible interest would depend on their itemized deductions.

Kai and Ivy Harris have an appraised value of $180,000 on their home and a mortgage balance of $90,000. An S&L is willing to lend money at a loan-to-value ratio of 75 percent.

They are inquiring about the size of the home equity credit line they may get and the amount, if any, that is tax-deductible interest if their house originally cost $200,000.

Therefore, the amount of equity they have in their home is $90,000 ($180,000 appraisal value - $90,000 mortgage balance).

They can borrow up to 75 percent of the appraised worth of their home, or $135,000 ($180,000 x 0.75).

Since they still owe $90,000 on their mortgage, they can borrow up to $45,000 ($135,000 - $90,000) in equity on their home and qualify for tax-deductible interest.

The amount of interest that qualifies as tax-deductible is determined by the IRS.

They can be charged interest on up to $45,000 in debt secured by their house under current tax law, assuming they use the home equity credit line for home improvements.

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Answer:

wash car in the neighborhood, become an influencer, help around the house if your guardian give you money, get a job that is easy for you if you are above 16 year old

if under 16 or the legal age in your state to start working then the best way to make money is babysitting. Though if old enough, then apply at a local business in your town. ex: restaurant, second hand store etc

When faced with ethical dilemmas, company should take a thoughtful and deliberate approach to understand the situation and its impact on stakeholders.

Stakeholders are individuals, groups, or organizations that have an interest or concern in a particular business, project, or initiative. They can be internal or external to the organization and can include employees, customers, shareholders, suppliers, government agencies, local communities, and other parties that may be affected by the organization's activities. Stakeholders often have different perspectives, expectations, and goals, and may have conflicting interests or priorities. It is important for organizations to identify and engage with their stakeholders, understand their needs and concerns, and develop strategies to manage their expectations and build positive relationships. Effective stakeholder management can help organizations to achieve their objectives, mitigate risks, and enhance their reputation and legitimacy.

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The following answers are based on a monopoly economy.

A monopoly, as defined by Irving Fisher, is a market with "no competition," resulting in a scenario in which a certain individual or organization is the exclusive supplier of a given product.

To arrive at answer a, we need to recall that the equilibrium of a monopolist is when the Marginal Cost equals the Marginal Revenue and the Marginal Cost Curve (MC) cuts the Marginal Revenue Curve (MR ) from below.

At this point, the equilibrium output is 100, and the equilibrium price is $ 10 for every unit of production.

For the answer is b, given that the firm is producing 100 units of goods at an average total cost of $7.5 (derived from the point that aligns with MR = MC), therefore,

Total Cost   = Equilibrium Output * ATC (Average Total Cost)

= 7.5 * 100

= $750

To arrive at answer c,
Recall that Economic profit is the difference between the money collected from the sale of a product and the expenses of all inputs utilized, as well as any opportunity costs, is the economic profit or loss.

Hence, Economic Profit = Total Revenue (TR) Less Total Cost (TC)

= $1000 - $ 750

= $250

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a The scatter diagram is attached .

b The correlation coefficient is 0.77. This indicates that there is a strong positive linear relationship between sales and earnings.

b The regression equation is y = 0.09x + 2.2. This equation can be used to predict earnings from sales.

d If a small company has $50.0 million in sales, the estimated earnings are $41.2 million.

Enter the data into a spreadsheet.

Company Sales (millions of dollars) Earnings (millions of dollars)

Papa John's International 89.2 18.6

Applied Innovation 18.2 4.4

Integracare 71.7 1.3

Wall Data 58.6 4.9

Davidson & Associates 46.8 4.6

Chico's FAS 42.0 2.6

Checkmate Electronics 36.0 2.2

Royal Grip 30.0 1.7

M-Wave 24.0 1.5

Serving-N-Slide 18.0 1.3

Daig 12.0 1.1

Cobra Golf 6.0 0.8

Step 2: Use the "Scatter" function to create a scatter diagram.

The scatter diagram shows that there is a positive linear relationship between sales and earnings.

Use the "Correlation" function to calculate the correlation coefficient.

The correlation coefficient is 0.77. This indicates that there is a strong positive linear relationship between sales and earnings.

Use the "Regression" function to calculate the regression equation.

The regression equation is y = 0.09x + 2.2. This equation can be used to predict earnings from sales.

Substitute 50 for x in the regression equation to calculate the estimated earnings.

When x = 50, y = 0.09 * 50 + 2.2 = 41.2.

Therefore, if a small company has $50.0 million in sales, the estimated earnings are $41.2 million.

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The rights of employees covered by the Wagner and Taft Hartley Acts is the right to choose whether they join a union. Option C.

Over the past 35 years, union membership in the public (or government) sector has been relatively constant at 35 percent. Option B.

The Wagner (1935) and the Taft-Hartley (1947) Acts are U.S. federal laws that gave employees the right to join unions.

Wagner Act helped to pass the National Labour relations Act, which tremendously expanded the rights of labor workers by allowing them to join organized trade unions and bargain for better working conditions.

However, Taft-Hartley Labor Management Relations Act extended and amended Wagner Act and placed many new restrictions on labor unions in the United States.

The union membership rate in the U.S. public (or government) sector has been relatively constant at 35 percent.

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Answer:

A market is a place where groups can gather to facilitate trade

Explanation:

The main components necessary for a market to occur include: Buyers and sellers and Demand and supply.

a) Buyers and sellers: A market requires participants who are willing to engage in buying and selling activities. Buyers seek goods or services, while sellers offer them for exchange.

b) Demand and supply: Markets involve the interplay of demand and supply. Buyers create demand for goods or services, while sellers provide the necessary supply to meet that demand.

c) Exchange mechanism: A market needs a mechanism through which buyers and sellers can interact and exchange goods or services. This mechanism can vary, ranging from physical marketplaces to digital platforms.

d) Price mechanism: Markets rely on prices as a means to determine the value of goods or services. Prices act as signals, influencing the behavior of both buyers and sellers in the market.

e) Competition: Competition fosters efficiency and ensures fair market conditions. It encourages innovation, quality improvements, and reasonable pricing.

This market allowed individuals and businesses to connect with freelancers offering various skills and services. Participating in this market was important to me professionally because it provided a platform to showcase my expertise and secure freelance projects.

It offered a wide range of opportunities and clients from different industries, allowing me to diversify my portfolio and expand my network. This market differentiated itself from traditional job markets by providing flexibility, remote work options, and direct engagement with clients without the need for intermediaries.

The online platform streamlined the process, making it easier to find and collaborate with clients globally.

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Flat organizations are more horizontal and have a team approach. The benefit of this structure is more nimble change. Thus the correct option is B.

A team is referred to as a collection of people who come together to display a structured and formal environment and work in collaboration to achieve a common objective through individual role-playing.

Flat organizations are more team-oriented and horizontal. This structure has the advantage of enabling more rapid change. These appear to be quick to comprehend and pick up on new information, which improves the business's capacity for change and adaptation.

Therefore, option B is appropriate.

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Answer:

Prioritize clear, reachable, and sustainable goals during the closing phase

Answer:

I think the answer is job board websites

Explanation:

Answer:

Meta job search engine Web sites

Explanation:

I looked up each one of the possible answer's and Meta job search engine web sites makes the most amount of sense. I guess Job board web sites when I took the quiz and got it wrong so I know for sure that it isn't that one.

The total interest the Montgomerys will pay if they pay the loan on schedule is approximately $163,072.

To find the total interest the Montgomerys will pay over the course of the loan, we can calculate the monthly payment and then subtract the principal borrowed.

First, we need to calculate the monthly payment using the loan amount, interest rate, and loan term. We can use the formula for calculating the monthly payment on an amortizing loan:

Monthly payment =\(P * r * (1 + r)^n / ((1 + r)^n - 1)\)

Where:

P = Principal amount borrowed = $107,000

r = Monthly interest rate = Annual interest rate / 12 = 7.50% / 12 = 0.625%

n = Total number of payments = 30 years * 12 months/year = 360 months

Plugging in the values, we have:

Monthly payment = $107,000 * 0.00625 * (1 + 0.00625)^360 / ((1 + 0.00625)^360 - 1)

             ≈ $750.20

The monthly payment of principal and interest is approximately $750.20.

To find the total interest paid, we can multiply the monthly payment by the total number of payments and subtract the principal borrowed:

Total interest paid = (Monthly payment * Total number of payments) - Principal borrowed

                 = ($750.20 * 360) - $107,000

                 ≈ $270,072 - $107,000

                 ≈ $163,072

Therefore, the total interest the Montgomerys will pay if they pay the loan on schedule is approximately $163,072.

None of the provided answer options match the calculated value. However, based on the calculation, the closest option is OA. $162,254.80.

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The system is mr. D using at walgreens to reduce his costs is just in time inventory.

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Answer:

Demand curve- B

Supply curve- A

Equilibrium point- C

Explanation:

Edge

Answer:

$1433.28

Explanation:

Calculation to determine the amount of each deposit

Using this formula

Future value of annuity=P*((1+r)^n-1)

Where,

Annual interest rate = 6%

Monthly interest rate (r) = 0.5%

Future value of annuity = $100,000

Number of years = 5

Number of deposits (n) = 60

Let plug in the formula

$100,000=P*((1+0.005)^60/0.005

=$100,000/69.77

=P$1433.28

Therefore the amount of each deposit is =$1433.28

A fixed exchange rate is a type of exchange rate regime in which the government or central bank ties the official exchange rate to another country's currency or the price of gold.

The official exchange rate is fixed by the government or central bank, and it is kept constant. The government or central bank must be prepared to buy or sell its currency at the official exchange rate in order to keep it fixed. A flexible exchange rate, on the other hand, is a type of exchange rate regime in which the value of a currency is determined by supply and demand on the foreign exchange market.

Advantages of Fixed Exchange Rate:

Stable exchange rates are beneficial for businesses that require currency predictability. The central bank may employ monetary policy tools more effectively, resulting in lower inflation rates. It is less likely that a currency crisis would occur.

Disadvantages of Fixed Exchange Rate:

It limits a country's monetary policy independence because it must have sufficient foreign currency reserves to maintain the fixed rate. The country's economy may be hurt if the fixed exchange rate is too high.

Advantages of Flexible Exchange Rate:

A flexible exchange rate enables a country to adjust to changes in economic circumstances such as inflation, international competitiveness, and other economic conditions. It allows a nation to conduct an independent monetary policy.

Disadvantages of Flexible Exchange Rate:

Price stability may be difficult to achieve because the exchange rate is more volatile. Businesses may find it more challenging to plan for the future because of the unpredictability of exchange rates.

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The correct answer is B. GH¢300,000 was paid on application for the 100,000 ordinary shares issued by KOKO Limited.

The total amount raised from the issuance of 100,000 ordinary shares is calculated by multiplying the number of shares by the issue price per share. In this case, the issue price per share is GH¢10. Therefore, the total amount raised would be 100,000 shares multiplied by GH¢10, which equals GH¢1,000,000. According to the information provided, the amount paid on application iGH¢3 per share. To determine the total amount paid on application, we multiply the amount paid per share by the total number of shares. Therefore, GH¢3 multiplied by 100,000 shares equals GH¢300,000. Therefore, the correct answer is B. GH¢300,000 was paid on application for the 100,000 ordinary shares issued by KOKO Limited.

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Answer:

a. The Singapore dollar to Australian dollar cross​ rate is (SGD = 1.00 AUD) 1.0278.

b. The number of Australian dollars Anne will get is 1,070.25 Australian dollars.

Explanation:

a. What is the Singapore dollar to Australian dollar cross​ rate?

Given:

Spot rate​ (SGD = 1.00​ USD) 1.3443

Spot rate​ (USD = 1.00​ AUD) 0.7646

These imply that:

1.3443 SGD = 1.00​ USD ..................... (1)

0.7646 USD = 1.00​ AUD ................... (2)

From equation (2), we divide through by 0.7646 to have:

0.7646 / 0.7646 USD = 1.00 / 0.7646 AUD

1.00 USD = 1.3079 AUD

Substituting this into equation (1) and solve as follows:

1.3443 SGD = 1.00​ USD = 1.3079 AUD

Dropping 1.00​ USD, we have:

1.3443 SGD = 1.3079 AUD

Dividing through by 1.3079, we have:

1.3443 / 1.3079 SGD =  1.3079 / 1.3079 AUD

1.0278 SGD =  1.00 AUD

Therefore, the Singapore dollar to Australian dollar cross​ rate is (SGD = 1.00 AUD) 1.0278.

b. How many Australian dollars will Anne get for her Singapore​ dollars?

This can be calculated as follows:

Number of Australian dollars Anne will get = Amount of Singapore dollars​ Anne wishes to exchange for Australian dollars​ / Singapore dollar to Australian dollar cross​ rate = 1,100 / 1.0278 = 1,070.24712979179 Australian dollars

Rounding to two decimal​ places as required, we have:

Number of Australian dollars Anne will get = 1,070.25 Australian dollars

Therefore, the number of Australian dollars Anne will get is 1,070.25 Australian dollars.

Based on the spot rates between the three nations, the following is true:

To find the cross rate, you should multiply the Singapore dollar to USD rate with the USD to Australian dollar rate:

= 1.3443 x 0.7646

= 1.02785178 Singapore Dollars

The amount that Anne would get for 1,100 SGD is:

= 1,100 / 1.02785178

= AUD 1,070.19

In conclusion, Anne would get AUD 1,070.19.

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