U.S. companies became globally competitive again by emphasizing
quality and the strategic importance of operations. Select one:
True False

Answers

Answer 1

The statement "U.S. companies became globally competitive again by emphasizing quality and the strategic importance of operations" is true.

Quality refers to the level of excellence or the degree of satisfaction that a product or service provides to the customer. A product that satisfies the customer's needs and expectations and is free of defects is considered high quality. The emphasis on quality has become more critical for businesses in recent years as customers have become more demanding and competition has intensified.

A company's operations are the activities that it engages in to create and deliver goods and services to its customers. Operations can include everything from purchasing raw materials to manufacturing products to delivering them to customers. The strategic importance of operations refers to the role that operations play in achieving a company's overall goals and objectives. When a company emphasizes the strategic importance of operations, it focuses on improving its operations to achieve better results and create a competitive advantage.

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Related Questions

1. What does diversity mean?
2. Why might diversity matter in the study of public speaking?
3. What are some techniques or things to think about when presenting for diverse audiences?

Answers

Answer:

1. diversity is variety, or being diverse.

Explanation:

ex: my school is very diverse because we have people from all ethnicities and genders.

2. diversity might matter in the fact of public speaking because there isn't one set group of listeners to your public speech so you have to be open to all groups (being diverse)

3. one technique or thing to think about when you're presenting for diverse audiences is you have to keep bias out of your speech. you also have to have a sort of idea on how each group of listener would react to what you say because some groups May react differently.

hope this helps! <3

f) Purchased furniture for Rs. 12,000 giving Rs. 4,000 in cash and balance on credit.
journal entry ​

Answers

The journal entry for the purchase of furniture for Rs. 12,000, with Rs. 4,000 paid in cash and the balance on credit, would be:

Debit: Furniture account for Rs. 12,000
Credit: Cash account for Rs. 4,000
Credit: Accounts Payable account for Rs. 8,000

Explanation:
- Furniture account is debited as it is an asset acquired by the business.
- Cash account is credited as the payment of Rs. 4,000 is made in cash.
- Accounts Payable account is credited as the remaining balance of Rs. 8,000 is still payable on credit.

What is the difference between using an action button to play an audio file via 'play sound' and an audio clip set up through the Media Group?

Answers

Answer: The action button lets users play the audio file, the sound button will play an audio clip.

Explanation:

The action button lets users play the audio file once it is clicked or has a mouse over action over the assignment button. The sound button will play an audio clip that you have specified in the action settings dialog box.

please help me fill the boxes Subject Science chapter8 cell-Structure and function class 8th ​

please help me fill the boxes Subject Science chapter8 cell-Structure and function class 8th

Answers

this is the answer I got from my text book

make me brainlist

please help me fill the boxes Subject Science chapter8 cell-Structure and function class 8th

What three factors play a large role in determining your monthly payment?

Answers

It's critical to understand your existing credit situation and take any required actions to improve it in order to reduce your overall loan costs, which may be significantly influenced by your credit, debt, and income.

What is credit?

Credit is the belief that allows one party to lend money or resources to another party, with the understanding that the second party will not immediately pay the first party back (forming a debt), but will instead promise to pay back or return the resources at a later time. Credit includes all forms of deferred payments. Credit is given to a debtor, also known as a borrower, by a creditor, also known as a lender. Credit cards were more popular in the 1900s. Chains of larger companies formed, and they all started accepting credit cards as payment. Companies paid cardholders an annual fee that was predetermined and allowed them to select their preferred billing methods while each participating company received a share of the total billings.

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Question 4 (10 points)
The ABC Company executives decide that they will begin to produce more gidgets
than gadgets. They previously had been producing 500,000 gadgets per year and
only 300,000 gidgets. Yet they noticed that at the end of the year, there were still
100,000 gadgets left on the shelves and no gidgets.
a. In an answer of at least one paragraph, explain why the company would want to
produce more gidgets based on this market data.
b. In an answer of at least one paragraph, explain why the ABC Company's decision
involves a trade-off and identify what the trade-off is.

Answers

Answer:

A. In an answer of at least one paragraph, explain why the company would want to produce more gidgets based on this market data.

Explanation:

The company has 100000 gadgets left in the stock and no gidgets

Answer:

The company has 100000 gadgets left in the stock and no gidgets

Explanation:

The ABC Company executives decide that they will begin to produce more gidgets only 300,000 gidgets. Yet they noticed that at the end of the year, there were still

12. As the second trial began, what happened to Ruby Bates?

Answers

She was missing and they could not find her.

When you purchase shares of a company in the market, who are you buying those shares from?

Answers

Answer:

Normally, you are buying those shares from someone who already owns them. You are not buying them directly from the company itself, but instead someone who owns shares from the company, called a shareholder or stockholder.

Explanation:

I hope this helps! :)

Investors in stocks could be large entities like commercial banks, or they could be individuals just like you. Rather than buying the shares from the issuing company, you buy them from someone who already owns them. Most major stock exchanges engage in trading from 9:30 am to 4 pm, known as trading hours.

increasing the amount of consumption spending and reducing the amount of savings investment expenditures, and long-run economic growth in the economy. a. increases; increases b. increases; decreases c. decreases; increases d. decreases; decreases

Answers

a.; increases Increasing the amount of consumption spending will lead to an increase in economic activity, which can lead to an increase in long-run economic growth.

Reducing the amount of savings investment expenditures may also lead to increased economic activity in the short run, but in the long run, it can reduce the economy's capacity for growth and productivity. Therefore, the combination of increasing consumption spending and reducing savings investment expenditures is likely to lead to both an increase in short-term economic growth and long-term economic growth.

Therefore, increasing consumption spending may have a short-term positive effect on economic growth, but reducing savings and investment expenditures can have a negative impact on long-run economic growth.

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If a bank pays interest at a rate of i compounded m times a year, then the amount of money Pk at the end of k time periods (where one time period = 1/mth of a year) satisfies the recurrence relation Pk = 1 + i m Pk − 1 with initial condition P0 = the initial amount deposited. Find an explicit formula for Pn. The given recurrence relation defines a geometric sequence Correct: Your answer is correct. With constant multiplier Correct: Your answer is correct. , which is Incorrect: Your answer is incorrect. . Therefore, Pn = Incorrect: Your answer is incorrect. For every integer n ≥ 0

Answers

The explicit formula for the nth term, \(P_n\), of the given recurrence relation \(P_k = 1 + im P_{k-1}\) is \(P_n = \left(1 + \frac{i}{m}\right)^n \cdot P_0\).

The given recurrence relation, \(P_k = 1 + im P_{k-1}\), defines a geometric sequence because each term is obtained by multiplying the last time by a constant multiplier (1 + i/m).

To find an explicit formula for \(P_n\), we can express \(P_k\) in terms of the initial amount deposited, \(P_0\), and the constant multiplier (1 + i/m).

It's important to note that this formula assumes that the recurrence relation holds for all values of k, where k is a positive integer. Additionally, this formula assumes that the initial condition, \(P_0\), is known and the interest rate and multiplier are constant throughout the sequence.

Starting from the initial condition, \(P_0\), we can calculate the subsequent terms as follows:

\(P_1 = (1 + \frac{i}{m}) \cdot P_0\)

\(P_2 = (1 + \frac{i}{m}) \cdot P_1 = (1 + \frac{i}{m}) \cdot (1 + \frac{i}{m}) \cdot P_0 = (1 + \frac{i}{m})^2 \cdot P_0\)

\(P_3 = (1 + \frac{i}{m}) \cdot P_2 = (1 + \frac{i}{m}) \cdot (1 + \frac{i}{m})^2 \cdot P_0 = (1 + \frac{i}{m})^3 \cdot P_0\)

.

.

.

\(P_n = (1 + \frac{i}{m}) \cdot P_{n-1} = (1 + \frac{i}{m}) \cdot (1 + \frac{i}{m})^{n-1} \cdot P_0 = (1 + \frac{i}{m})^n \cdot P_0\)

Therefore, the explicit formula for \(P_n\) is \(P_n = (1 + \frac{i}{m})^n \cdot P_0\).

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When writing a check...

Spell out the dollars and cents in the short box next to the $ symbol
Spell out the dollars and cents on the long line that ends in "Dollars"
Never sign the check
Sign on the line that says "Pay to the order of"
Always print your signature

Answers

The answer would be B
When writing a check:

- Spell out the dollars and cents in the short box next to the $ symbol
- Spell out the dollars and cents on the long line that ends in "Dollars"
- Sign on the line that says "Pay to the order of"
- Sign your name in cursive or as you normally do
- Make sure the amount written in words matches the numerical amount in the box
- Ensure the date is correct and current
- Write the name of the person or organization you are paying on the line that says "Pay to the order of"
- Include any optional memo or note on the memo line
- Keep a record of the check in your checkbook register or other tracking system.

why is it important to be a good communicator for a successful future?

Answers

Answer:

Explanation:

Being an excellent communicator can help you land that first job in your new career and ensure a positive future. It can separate you from other applicants, help you be a more effective employee and serve as a stepping stone to leadership responsibilities and career advancement.

onomics-CPB 2020
Match each occupation with its 2016 employment number, as listed in the previous article.
3,452,200
Office Clerks
4,602,500
Registered Nurses
3,555,500
General Combined Food Preparation and
Serving Workers, Including Fast Food
2,955,200
Cashiers
3,117,700
Retail Salespersons
Correct
Intro
Final

Answers

Answer:

Cashiers - 3,550,500

Retail - 4,602,500

Office Clerks - 3,117,700

General Combine Foods - 3,452,200

Registered Nurses - 2,955,200

Explanation:

I just took it and got them right

Answer:

Cashiers - 3,550,500

Retail - 4,602,500

Office Clerks - 3,117,700

General Combine Foods - 3,452,200

Registered Nurses - 2,955,200

Explanation:

I just took it and got them right

How much should you pay for a $1,000 bond with 9% coupon, annual payments, and 7 years to traturity if the interest rate is 10 s.? 595132 598140 $1,00000 $1.075.82
Previous question

Answers

the amount to pay for the bond will be $860.25.

The value of a $1,000 bond with a 9% coupon, annual payments, and 7 years to maturity will depend on the prevailing interest rate. In this case, if the interest rate is 10%, the bond's price will be discounted as compared to its face value.The bond price can be calculated using the formula for present value of a bond:PV = C × [1 - (1 + r)-n]/r + FV/(1 + r)nWherePV = Present value of bondC = Annual interest paymentr = Interest raten = Number of years to maturityFV = Face value of bondSubstituting the given values into the formula, we get:PV = 90 × [1 - (1 + 0.1)-7]/0.1 + 1000/(1 + 0.1)7≈ $860.25. Therefore, the amount to pay for the bond will be $860.25.

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Precarious Manufacturing had its human resource department set up an online suggestion program, and employees submitted 376 ideas for improving workers' safety and health. An assistant in the department entered all the responses into a database. What additional step would be most important to add to this safety program?

Answers

It is essential to analyze the employee suggestions to determine the best ideas to implement and to track their progress using a database.

Given that the human resource department of Precarious Manufacturing has set up an online suggestion program where employees submitted 376 ideas for improving workers' safety and health, an additional step would be most important to add to this safety program.

The additional step would be to evaluate the ideas that have been submitted by employees to determine which ideas are feasible to implement, which ideas can be implemented and will be beneficial to the company.

The data collected from the employee suggestions should be analyzed, which can be achieved by using the database, as this helps to get a clear picture of what is working and what isn't.

A database is a structured set of data that is stored in a computer or server and is used to organize data so that it can be easily accessed and managed.

Databases can be designed in many ways, depending on the needs of the organization.

For precarious manufacturing, it could be designed to store employee suggestions in a way that allows for easy sorting and categorizing of data.

This would help the HR department to be able to track which employee suggestions have been evaluated, implemented, and the feedback received from workers on the changes made.

The database can also be used to create reports and graphs that would help management to see the progress made and to identify areas where more attention needs to be given.

In summary, it is essential to analyze the employee suggestions to determine the best ideas to implement and to track their progress using a database.

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What is earning interest on previously earned interest called?

Answers

Answer:

Compounding. Earning interest on previously earned interest plus the principal amount.

Explanation:

Earning interest on previously earned interest is called compounding. Thus, compounding is the correct term for this definition.

It refers to the process of reinvesting the accumulated interest back into the initial principal amount, allowing for exponential growth over time. With each compounding period, the interest is calculated not only on the original principal but also on the interest earned in previous periods.

This compounding effect leads to the gradual growth of the investment or savings. Compounding is a powerful concept in finance and can significantly enhance the growth of investments or savings over the long term. It is a key factor in various financial instruments such as savings accounts, bonds, and investment portfolios.

Thus, earning interest on previously earned interest is called compounding.

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How does the placement affect the hyper cycle?

Answers

Explanation:

The placement of robotics can makeother items in the hype cycle move to the peak of inflated expectations.

What are some good colleges in New Orleans that arent expensive??

Answers

Answer:

southern university, Dillard university, university of new orleans

Q.1 ALL intangible assets should be?
a) depreciated
b) amortised
c) expended
d)none of the above
Q2. read the statement about the closing process and select the one that is FALSE.
a) depreciation expense is credited
b) service revenue is debited
c) none of these are false
d)cost of goods sold is credited
Q3. during the closing process, which one of these accounts does not get close?
Q4. of these adjusting entries, which one would result in a decrease in profit for the period?
a) recognition of depreciation for a motor vehicle
b)none of these
c) recognition of unearned revenue that has now been earned
d) recognition of rent earned but nor received
Q5. which one of these adjusting entries would have an impact on the cash account?
a) unearned revenue
b) none of these
c)prepaid insurance
d) supplies
Q6 Bullshark industries operated Monday to Saturday with a daily payroll of $40000. they pay their employees every Sunday for the workweek they just completed. if the last day of the mont is a Tuesday, the correct adjusting entry on this day would be:
a) Dr wages expenses 40000 - Cr cash 40000
b) dr wages payable 80000 - Cr cash 80000
c) Dr wages expenses 80000 - Cr wages payable 80000
d) Dr wages expenses 40000- Cr wages payable 40000
Q7 Sarah's avocado shop had $2400 of supplies on hand at 1 January. over the course of the month , she purchased $4000 of additional supplies, at 31 January, actual supplies on had were $4000. what were the balances in the supplies and the supplies expenses account after the adjusting entries on the 31 January?
Q8 Mark's Tuan's Moving received $240,000 in advances payments from customers on 1 January 2021. At 30 June 2021, $20000 of the advance revenue still had not been earned. what was the balance of the unearned revenue and service revenue accounts after the adjusting on the 30th of June 2021?
Q9 Under which condition does an impairment have to be recognize?
Q10 A printing business purchased a new printing press at a cost of $300,000 which is expected to produce 2 million copies during its 10 year life. Residual value is expected to be $20,000. If the press produces 200,000 copies during first year, how much depreciation should be recorded under units of production?
a) $30,000
b)$28,000
c)25,200
d)27,000
Q11. A business purchase a new truck at a cost of $200,000 with useful life of 4 years. residual value is expected to be $40,000. During the second year. how much should be recorded under the straight method?
Q12. which of these statements about depreciation is TRUE?
a) depreciation is the calculation of how much cash is expected on an annual basis
b) depreciation allows us to understands what value assets is during it's life
c) none of the are true
d) depreciation is the allocation of an asset's cost over its useful life
Q13 Which of the inventory costing method is not allowed by Australia accounting standards?
Q14. A Compny's accountant campitalises a payment that should be expensed. which of the following is True?
Q15 which of the following statements is FALSE about the perpetual inventory method?
a) the cost of goods sold account is credited after sale of inventory
b)the inventory account is credited after sale of inventory
c) the inventory account is debited after purchase of inventory
d) none of these are false
16. Australia accounting standards allow companies to choose between different depreciation methods.
1. explain what depreciation is.
2. using your knowledge from this subject so far explain why accounting standard may allow companies to choose between different depreciation method.

Answers

Accounting standards may allow companies to choose between different depreciation methods because different methods may be more appropriate for different types of assets or industries.

Q1. b) amortized

Q2. b) service revenue is debited

Q3. Cash account does not get closed.

Q4. a) recognition of depreciation for a motor vehicle

Q5. c) prepaid insurance

Q6. d) Dr wages expenses 40000- Cr wages payable 40000

Q7. The balances in the supplies account and the supplies expenses account are $4000 and $1600 respectively

.Q8. The balance in the unearned revenue account is $20000 and the service revenue account is $220000.

Q9. If the carrying amount of an asset is greater than its recoverable amount, an impairment loss must be recognized.

Q10. d) $27,000

Q11. Under the straight-line method, $40,000 should be recorded during the second year.

Q12. d) depreciation is the allocation of an asset's cost over its useful life

Q13. LIFO (last-in, first-out) method is not allowed by Australian accounting standards.

Q14. If an accountant capitalizes a payment that should be expensed, the company's assets and profits will be overstated

.Q15. b) the inventory account is credited after sale of inventory. This statement is false. In the perpetual inventory method, the inventory account is continuously updated after each sale and purchase of inventory.

Q16.1. Depreciation is the allocation of the cost of an asset over its useful life.

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1. Being offered opportunities to prosper in your career.

A. Physiological

B. Esteem

C. Belongingness

D. Self- actualization

2. Gaining positive attention from your manager after a presentation.

A. Physiological

B. Esteem

C. Belongingness

D. Self- actualization

3. Having a salary that allows you to adequately feed your family.

A. Physiological

B. Esteem

C. Belongingness

D. Self- actualization

4. Alderfer combined the needs for gaining positive attention from your manager and having opportunities to prosper in a career into the categor of ________ needs.

A. Growth

B. Relatedness

C. Existence

Answers

1. Opportunities to prosper in a career matches a need for esteem.

2. Gaining positive attention from your manager after a presentation represents the need for esteem.

3. Having a salary that allows you to adequately feed your family corresponds to physiological needs.

4. The combination of the manager's needs to get positive attention and opportunities to thrive in a career is related to relationship needs.

What is Maslow's hierarchy of needs theory?

It is based on the belief that all human needs are arranged in a hierarchical relationship that, when achieved, is able to direct the satisfaction and motivation of individuals, defining the concept of Maslow's pyramid, whose human needs are defined as:

Physiological needsSecurity needSocial needsEsteem needsSelf-actualization needs

Therefore, the hierarchy of needs theory is a psychological theory widely used in human resource management to understand employee needs and motivation.

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what country consumes the most ice cream per capita?

Answers

The country that is the highest consumer of ice cream per capita is New Zealand.

What is per capita?

Per capita is the statistical unit to measure anything with respect to the average per person.

According to the latest scenario, New Zealand is the country where ice creams are most consumed by people and it is about 28.4 per capita liters every year. After this, the country of the US and Australia also consumed most ice creams in a year with 20.8 per capita liters and 18 per capita liters every year.

Therefore, New Zealand is the largest ice cream consumer country in the whole world.

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How can you take effective notes during a classroom lecture? Check all that apply.
Write down everything I hear.
Use the Cornell method.
Listen for keywords.
Pause to take notes when needed.
Write down notes without pausing.
Sit where I can see the speaker.

Answers

Answer:

bcdf

Explanation:

You should make sure to send a ____ letter to the person who interviewed you:
A. thank-you
B. cover
C. recommendation
D. formal

Answers

Answer:

Maybe a thank you letter?

I’m not sure if its correct

Explanation:

Social responsibility is: a. a personal moral philosophy that focuses on the greatest good for the greatest number by assessing the costs and benefits of the consequences of ethical behavior. b. a democratic consensus of moral principles and laws that govern the behavior of individuals based on legislation adopted at the federal, state, and local levels. c. a societal moral philosophy based on the Golden Rule of the Judeo-Christian ethic found in the U.S. Constitution's Bill of Rights. d. the view that organizations are part of a larger society and are accountable to that society for their actions. e. a personal moral philosophy that considers individual rights or duties as universal, regardless of the outcome.

Answers

d. the view that organizations are part of a larger society and are accountable to that society for their actions.

Social responsibility refers to the belief that organizations have an obligation to operate in a manner that benefits society as a whole. It emphasizes that organizations should not solely focus on maximizing profits but should also consider the impact of their actions on the environment, employees, customers, and the community. This perspective recognizes that businesses exist within a broader societal context and should act responsibly by taking into account the interests and well-being of various stakeholders. Socially responsible organizations strive to contribute positively to society, promote ethical behavior, and address social and environmental issues in their operations.

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2. Choose any national or global chain with an online presence. Do a web search and spend time looking at their website. List the company's strengths in the space below. You may write in complete sentences or list form. (5-10 strengths) TIP: Look for strengths in different areas (product, price, promotion, place, sales, distribution).

Answers

The correct answer to this open question is the following.

I choose the Amazon website to answer this question.

These are the strengths of this global company.

-First, it has a presence almost worldwide, due to the benefits of e-commerce.

-Reputation. It has a good reputation because serves the customer well.

-Infrastructure. World-class facilities and delivery infrastructure to get the product on time.

-Variety of products. You access the company's website and can find anything. From books to toys, movies, and furniture.

-Prices. Accessible or competitive process because that is the advantage of e-commerce.

-Customer Service. Good client service that aims for entire satisfaction.

-Promise of delivery. Delivery time. Period.

Chapter 2 Mastery Problem
The T –
Hassan Rahim won a concession to rent bicycles in the local park during the summer. During the month of June, Hassan completed the following transactions for his bicycle rental business:

Chart of Accounts


Cash
Hassan Rahim Capital
Accounts Receivable
Hassan Rahim, Withdrawals
Supplies
Rental Income
Shed
Wages Expense
Bicycles
Maintenance Expense
Accounts Payable
Repair Expense

Concession Fee Expense

June
2
Began business by placing $7,200 in a business checking account.

3
Purchased supplies on account, $150

4
Purchased 10 Bicycles for $2,500, paying $1,200 down and agreeing to pay the rest in thirty days.

5
Purchased for cash a small shed to hold the bicycles and to use for other operations, $2,900

6
Paid cash for shipping and installation costs (considered as an addition to the cost of the shed) to place the shed at the park entrance, $400.

8
Received cash of $470 for rentals during the first week of operation.

13
Hired a part-time assistant to help out on weekends at $7.50 per hour

14
Paid a maintenance person to clean the grounds, $75.

15
Received cash, $500, for rentals during the second week of operation.

16
Paid the assistant for a weekend’s work, $150.

20
Paid for the supplies purchased on June 3, $150.

21
Paid repair bill on bicycles, $55.

22
Received cash for rentals during the third week of operation, $550.

23
Paid the assistant for a weekend’s work, $150.

26
Billed a company for bicycle rentals for an employee outing, $110

27
Paid the fee for June to the Park District for the right to the bicycle concession, $100.

28
Received cash for rentals during the week, $410.

29
Paid the assistant for a weekend’s work, $150.

30
Transferred $500 to personal checking account.

Answers

Answer:

27.

Explanation:

The association stradegy is used to_________information

Answers

Answer:

The association strategy is used to help memorized information.

Explanation:

A benefit of using association is that it allows the learner to be creative and have fun. ... The association strategy is used to help memorized information.

The number one reason risk pooling is valuable to the insurance industry is... A. It allows companies to charge the same premium to all members of the pool. B. It brings together many individuals' premiums so that there is money to cover the select few with losses. C. It makes insurance coverage available to everyone, even those who are unable to make their payments. D. It is subsidized by the federal government.

Answers

The reason for risk pooling which is beneficial for the insurance industry is best described as it brings together many individuals' premiums so that there is money to cover a selected few losses.

Option B is the correct answer.

Who is a policyholder?

The policyholder is an individual who takes an insurance policy from an insurance company. He pays insurance premiums against their respective policies.

The insurance contract is an agreement between the individuals and insurance company to indemnify them at the happening of the specified event and individuals also agreed to pay the insurance premiums on time. The risk pooling allows the insurance company to get insured many people against a small amount of money called an insurance premium.

Therefore, risk pooling is valuable for the insurance company in respect of the insurance policies.

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fact pattern: on january 2, year 3, emme co. sold equipment with a carrying amount of $480,000 in exchange for a $600,000 noninterest-bearing note due january 2, year 6. there was no established exchange price for the equipment, and the market value of the note cannot be reasonably approximated. the prevailing rate of interest for a note of this type at january 2, year 3, was 10%. the present value of 1 at 10% for three periods is 0.75. in emme’s year 3 income statement, what amount should be reported as interest income? $15,000 $48,000 $45,000 $60,000

Answers

In Emme Co.'s year 3 income statement, $48,000 should be reported as interest income.

To determine the amount of interest income, we need to calculate the present value of the note. Since there is no established exchange price for the equipment and the market value of the note cannot be reasonably approximated, we use the prevailing rate of interest for a note of this type at January 2, year 3, which is 10%.

The carrying amount of the equipment is $480,000, and it was exchanged for a noninterest-bearing note of $600,000. Since the note is due on January 2, year 6, which is three periods from January 2, year 3, we need to calculate the present value of the note for three periods.
The present value of 1 at 10% for three periods is 0.75. Therefore, the present value of the note is $600,000 multiplied by 0.75, which equals $450,000.

To calculate the interest income, we subtract the present value of the note ($450,000) from the carrying amount of the equipment ($480,000). The difference, $30,000, represents the interest income earned over the life of the note.

However, since the note is noninterest-bearing, we need to impute the interest using the prevailing rate of interest. The imputed interest is calculated by multiplying the present value of the note ($450,000) by the prevailing interest rate of 10%. The result is $45,000.

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answered "I am 27 years old and have just finished law school and passed the state bar examination. Now I am ready to begin my new career as a lawyer. I am not interested in a job with a big firm. I’d like to be more on my own. I have two friends who are in similar situations. But it takes money to start a law practice. A modern law firm needs a lot of business machines—computers, copiers, fax machines, and so on. Even in a small firm the lawyers might need to hire some helpers—a receptionist, maybe a paralegal worker. I want this firm to be a success, but I am not sure I have all the legal and business skills I need to pull it off." What type of business do you recommend?

Answers

Answer: I THINK YOU SHOULD DO WHAT YOU REALLY WANT

Explanation:

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