From Dolan Corporation's income statement and balance sheet:
9. the cash received for interest during 2018 was $127,800. Therefore, the correct option is B.
10. The cash paid for salaries during 2018 was $160,600. Therefore, the correct option is B.
11. The cash paid for insurance premiums during 2018 was $14,400. Therefore, the correct option is D.
9. Since Interest Revenue is recorded on the income statement, and interest receivable is recorded on the balance sheet. Therefore, cash received for interest will be:
Interest Revenue - increase in interest receivable
$131,000 - ($18,200 - $15,000)
Cash received for interest = $127,800
Therefore, the cash received for interest during 2018 was $127,800 which corresponds to option B.
10. Since Salaries and Wages Expense is recorded on the income statement and Salaries and Wages Payable is recorded on the balance sheet. Therefore, cash paid for salaries will be:
Salaries and Wages Expense - Increase in Salaries and Wages Payable
$170,000 - ($17,800 - $8,400)
Cash paid for salaries = $160,600
Therefore, the cash paid for salaries during 2018 was $160,600 which corresponds to option B
11. Since Insurance Expense is recorded on the income statement and Prepaid Insurance is recorded on the balance sheet. Therefore, cash paid for insurance premiums will be:
Insurance Expense - Decrease in Prepaid Insurance
$15,200 - ($3,000 - $2,200)
Cash paid for insurance premiums = $14,400
Therefore, the cash paid for insurance premiums during 2018 was $14,400 which corresponds to option D.
Learn more about Income statement:
https://brainly.com/question/15169974
#SPJ11
What is the oldest Australian brewery still in operation?
The oldest Australian brewery still in operation is the Cascade Brewery, located in Hobart, Tasmania. The brewery was founded in 1824 by Peter Degraves and is the oldest operating brewery in Australia.
Cascade Brewery has a rich history and has undergone several changes over the years. It was originally established as a flour mill, but Degraves soon realized that the local water was well-suited for brewing beer, and decided to switch the operation to brewing beer. The brewery has been in continuous operation since then, and is now owned by the Foster's Group, one of the largest brewing companies in the world.
The Cascade Brewery is also known for its beautiful gardens and historic buildings, which are open to the public for tours. Visitors can learn about the brewery's history, see the brewing process in action, and taste some of the brewery's famous beers.
To know more about oldest Brewery refer to-
brainly.com/question/14906364#
#SPJ11
A company's ____________ is the percentage of the total target market for the product that belongs to the company. A. Market saturation B. Market share C. Brand image D. Market information Please select the best answer from the choices provided A B C D.
It should be noted that a company's market share serves as the percentage of the total target market for the product that belongs to the company.
Market share can be regarded as the percentage of the total revenue that is been made in a particular market or in a business.
This serves as the amount of money that the company is able to make off the market.
Therefore, option B us correct because company's market share serves as the percentage of the total target market for the product.
Learn more about market share at:
https://brainly.com/question/4934175
Although OSHA had not set down specific
regulations governing the matter, a large
retailer was fined when its employee was
trampled to death after opening the store's
doors for the Black Friday sale. Given there
were no regulations in place, what part of
che OSH Act had the retailer violated?
The part of the OSHA regulations that the retailer violated was the "Crowd Management Safety Guidelines for Retailers."
What are OSHA regulations?OSHA regulations are workplace regulations aimed at ensuring the safety of persons, visitors, and workers against physical, biological, or chemical harm.
OSHA regulations are important to workplace safety. In the absence of clear OSHA regulations, the department issues guidelines.
Thus, the part of the OSHA regulations that the retailer violated was the "Crowd Management Safety Guidelines for Retailers."
Learn more about OSHA regulations at https://brainly.com/question/1264446
What vision do you have for your own future?
A short summary of imagination positive future and pls include doctors cuz when I grow up I wanna be a doctor
No one can write down a vision for your future, its your vision and future.
Which of the following is a difference between goods and services? a. Goods are not protected by patents, whereas services are protected by patents. b. Goods are tangible, whereas services are intangible. c. The demand for goods is difficult to predict, whereas the demand for services is easy to predict. d. Goods cannot be stored as physical inventory, whereas services can be stored as physical inventory..
Answer:
B. Goods are tangible whereas services are intangible.
Who plans, coordinates, and controls a project's progress, or a portion thereof? Group of answer choices Architect Civil engineer Project manager The funding bank
Answer:
Project manager
Explanation:
The project manager is a person who holds a manager position in an organization. His or her duty is to do the planning, coordinates, communicates with the team members, employees regarding the work and also controls the progress of the project. He or she should well aware of how much project is pending and how much it is completed
Hence, the correct option is third.
What has too much political references
whats the difference between life values and work values
Answer:
life values: are things you respect in your rights as a human
Authenticity Adventure Balance.
Bravery Compassion Challenge.
Citizenship Community Creativity.
Curiosity Determination Fairness.
Freedom Friendships Fun.
Generosity Growth Honesty.
Integrity Justice Kindness.
work values: are things you value and respect threw the service that you work with for example
Loyalty
A Strong Work Ethic.
Dependability and Responsibility.
Possessing a Positive Attitude.
Adaptability.
Honesty and Integrity.
Self-Motivated.
Motivated to Grow and Learn.
Strong Self-Confidence.
what are some of the steps a business follows in preparing a monthly bank reconciliation
Steps for preparing a monthly bank reconciliation include obtaining the bank statement, comparing transactions, adjusting for outstanding items, finalizing the reconciliation, and investigating discrepancies.
How business ensure that their financial records accurately reflect the transactions processed by their bank?Preparing a monthly bank reconciliation is an essential task for any business to ensure that their financial records accurately reflect the transactions processed by their bank. Here are the steps typically followed in preparing a monthly bank reconciliation:
Obtain the bank statement: The first step is to obtain the bank statement for the relevant month from the bank. This statement will contain a record of all the transactions that have been processed by the bank during that period.Compare deposits: Compare the deposits listed on the bank statement with the deposits in the company's own accounting records. Look for any discrepancies, such as deposits that are missing from the bank statement or deposits that are listed on the bank statement but not in the company's accounting records.Compare checks: Compare the checks listed on the bank statement with the checks in the company's accounting records. Look for any discrepancies, such as checks that are missing from the bank statement or checks that are listed on the bank statement but not in the company's accounting records.Reconcile other transactions: In addition to deposits and checks, there may be other transactions listed on the bank statement, such as electronic funds transfers or bank fees. These should also be reconciled with the company's accounting records.Adjust for outstanding items: After comparing all transactions, there may be outstanding items that have not yet cleared the bank. These may include checks that have not yet been cashed or deposits that have not yet been processed. These outstanding items should be adjusted for in the bank reconciliation.Finalize the reconciliation: Once all transactions have been compared and any necessary adjustments have been made, the bank reconciliation is finalized. This will result in a reconciliation statement that shows the adjusted bank balance, the adjusted company balance, and any reconciling items that were necessary to make the two balances agree.Investigate discrepancies: If there are any significant discrepancies between the bank statement and the company's accounting records, they should be investigated to determine the cause of the discrepancy and to ensure that all transactions have been properly recorded.By following these steps, a business can ensure that their financial records accurately reflect the transactions processed by their bank, and can identify and resolve any discrepancies that may exist.
Learn more about bank reconciliation
brainly.com/question/29097188
#SPJ11
Retailing is composed of all of the business activities that add value to the products and services customers buy. This includes:
Answer: Finance, purchasing, accounting, suppying
Explanation:
Retailing is known as a sub middleman in business that buys from the wholesaler and sells to the consumer in smaller quantity not as big as the wholesaler.
The following are activities of the retailer, although it might not be all followed by many retailers but depending on their ability and understanding
-Finance
-Purchasing
-Accounting
-Management Information System
-Supply management including warehouse and distribution management.
Retailing consists of a wide range of business activities that together add value to the products and services that customers buy. These activities are key to meeting customer needs and ensuring a smooth and satisfying shopping experience. Some of the key components of retail include:
1. Merchandising: Retailers engage in merchandising activities to prepare and present a diverse range of products and services to customers. This includes selecting, sourcing, pricing and displaying merchandise in a way that appeals to the target market.
2. Inventory Management: Retailers are responsible for managing inventory levels to ensure product availability to meet customer demand. This includes forecasting demand, optimizing inventory turnover and implementing efficient replenishment processes.
3. Store Operations: Day-to-day retail store operations include activities such as store layout and design, staffing, customer service, sales management, and security. These activities are essential to creating a pleasant and customer-friendly environment.
4. Marketing and Promotion: Retailers use various marketing strategies and promotional activities to attract customers, build brand awareness and promote sales. This includes advertising, public relations, social media marketing, loyalty programs and sales promotion.
5. E-commerce and Omni-channel retailing: With the rise of online shopping, retailers are engaging in e-commerce activities to provide convenience to customers in purchasing products online. They also adopt omnichannel strategies to integrate online and offline channels to create a seamless shopping experience.
6. Supply Chain Management: Retailers work closely with suppliers and distributors to ensure the efficient movement of products from manufacturers to stores or customers. Effective supply chain management includes logistics, warehousing, transportation and order fulfillment.
7. Customer Relationship Management (CRM): Retailers focus on building and maintaining strong relationships with customers through personalized service, loyalty programs and targeted marketing efforts. CRM helps retailers understand customer preferences, behavior and buying patterns.
Overall, retailing encompasses a complex set of activities aimed at delivering value to customers and promoting business success. It involves the integration of various features and strategies to create a positive and engaging retail experience for customers.
For more such questions on business ,
https://brainly.com/question/24553900
#SPJ11
How can one improve customer service?
One can obtain regular
from customers to devise effective strategies.
Fill in the customer satisfaction survey You go to your in-house database, which houses eCompeteUSA's domestic and international sales as well as revenue composition over the past 10 years. You examine this data and apply some statistical analysis in order to help decide where to go next. What should you present at the next meeting to put your investigation on the right path?a. Present the trends in the growth of the U.S. eSports market, because the majority of eCompeteUSA's sales are domestic.b. Present data on eCompeteUSA's current revenue streams, broken down by source with sales trend extrapolations.c. After further consideration, you decide to step back and work on defining the research problem.
Answer: After further consideration, you decide to step back and work on defining the research problem.
Explanation:
Based on the options given, the answer will be "After further consideration, you decide to step back and work on defining the research problem".
It should be noted that the research problem isn't stated and one doesn't really know what the person wants to do. Do the right thing is to work on the research problem first before doing any other thing.
Common/general barriers of entry of small businesses into markets(make special reference to township entrepreneurship
Special tax incentives for existing businesses, patent protections, strong brand recognition, devoted consumers, and high switching costs are a few examples of common entrance barriers.
Contracts, patents, and licenses: When incumbent companies hold licenses, patents, or exclusive agreements, it becomes challenging for new entrepreneurship to enter the market. Loyalty programs: Unique programs and services aid oligopolists in retaining clientele and discouraging would-be competitors from entering the market.
The research identifies a number of crucial psychological roadblocks to the growth of entrepreneurship, including fear of failure, a lack of self-assurance. Aversion to risk, a lack of desire, a lack of knowledge, social and cultural concerns, and poor psychological health.
Thus, option B is correct.
For more information about entrepreneurship, click here:
https://brainly.com/question/31539666
#SPJ1
Why is it important for a person to invest and save
First, we need to figure out how much you want to borrow. You said you wanted to spend $5,000, and you will put $500 down. Based on that, we can estimate your taxes to be $340. Put those numbers into the calculator and press calculate to see how much money you will need for your loan.
"$4840" will be the total amount for the loan.
To "borrow" a thing means to use it with the purpose of giving it back. "Loan" is a word that can refer to either the act of giving anything to anyone or a number of funds it must be repaid with interest. That basically implies you can't say you're "borrowing" anything from anyone.
From the information that is provided:
Money that is spent = $5000
Down payment made = $500
The amount of taxes = $340
The total amount for the loan that is taken is
= 5000 - 500 +340
= $4840
Learn more about loan, here:
https://brainly.com/question/11794123
#SPJ1
Assume that currently banks pay 2% interest on money that customers deposit in savings accounts. As the overall amount of money held in savings accounts increases, in financial markets
Savings accounts earn compound interest, which means that the interest you earn one period is deposited into your account, and the interest you earn the following period is added to your account.
Can two savings accounts be held at the same bank?Because it does not affect your credit, having multiple accounts, whether at the same bank or at different banks, can be useful for managing various savings objectives. Furthermore, there is little harm in doing so.
How is interest earned on a savings account calculated?Using the formula a = r * t * p, where a is the amount of interest you will earn, r is the interest rate your bank pays, t is the time it takes for your financial institution to calculate interest, and p is your principal, or the amount in your savings account.
To learn more about Savings accounts here:
https://brainly.com/question/10777478
#SPJ4
A friend of yours has E-mailed their English paper to you so that you can proofread it. Explain the tools you would use to add your comments, and describe why this would be beneficial to your friend.
Answer:
you would have to use evidence from a different resource/source and let them know what resources you have used to answer the question from the english paper
Explanation:
thx make me brainliest :)
differences between productive and service orientated profession
Answer:
ASAP what how and why and who and me
Explanation:
hehe I am noob baby girl I p onge is Canada ducks but
Which of the following is a Liability?
A. Notes Payable
B. Cash in Hand
C. Accounts Receivable
D. All of the Above
Answer:
The following that is a Liability is all of the above, because it all means borrow, but in a different sense and definition :3
Explanation:
:3
question content area the solution to the lp relaxation of a minimization problem will always be less than or equal to the value of the integer program minimization problem. true false
The main answer is "True." The solution to the linear programming (LP) relaxation of a minimization problem will always be less than or equal to the value of the corresponding integer programming (IP) minimization problem.
In linear programming relaxation, the IP problem is relaxed by allowing fractional values for the decision variables, resulting in a continuous LP problem. The optimal solution to the LP relaxation provides a lower bound on the optimal solution of the IP problem.
Since the LP relaxation allows more flexibility by considering fractional solutions, it is possible to find a solution with a lower objective function value compared to the IP problem, where integer solutions are required. However, the optimal solution of the IP problem will never have a lower value than the optimal solution of its LP relaxation.
This property is crucial in various optimization techniques, including branch and bound, where the LP relaxation provides a valuable initial bound for finding the optimal solution of the IP problem.
learn more about linear programming here:
https://brainly.com/question/29590190
#SPJ11
I need some help with my business assignment, I am not sure what else to add.
How can technology trends affect a pharmacy business (please don't add drugs I am only doing medications)
Give me few words
AI can analyze big data sets and find patterns. Digital transformation investment will reach $2.8 trillion in 2025.
This is further explained below.
What are technology trends?Generally, Technology trends might reveal new markets, products, and approaches that could offer you an edge over your online competitors.
In conclusion, Artificial intelligence, for instance, is able to analyze enormous volumes of data and identify links and patterns in the data. The amount of money spent on digital transformation technologies throughout the world is expected to reach $2.8 trillion by the year 2025.
Read more about technology trends
at https://brainly.com/question/15609699
#SPJ1
Item 2 The following data have been extracted from the records of Puzzle Incorporated: February August Production level, in units 9,600 20,160 Variable costs $ 27,840 $ ? Fixed costs ? 34,300 Mixed costs 25,984 ? Total costs $ 88,124 $ 142,930 Required: Calculate the missing costs. Calculate the cost formula for mixed cost using the high–low method. Calculate the total cost that would be incurred for the production of 13,824 units. Identify the two key cost behavior assumptions made in the calculation of your answer to part c. cost behavior pattern relevant range
The missing costs are:
Variable costs for August = $116,620.80Fixed costs for February = $34,300Mixed costs for August = $1,009.20The cost formula for the mixed costs is: Total cost = $36,176.80 + ($5.78 x Production level) + Mixed cost.
The two key cost behavior assumptions made in the calculation of the answer to part c are:
The assumption that the mixed costs are linear within the relevant range of production levels.The assumption that the variable cost per unit remains constant within the relevant range of production levels.How to Solve the Problem?To calculate the missing costs, we need to use the high-low method to separate the mixed costs into their fixed and variable components. The high-low method involves taking the highest and lowest production levels and their corresponding total costs and using them to calculate the variable cost per unit and the fixed cost.
Using the data given, we can find the missing costs as follows:
Variable costs for August:
Variable cost per unit = (Total cost at highest production level - Total cost at lowest production level) / (Highest production level - Lowest production level)
Variable cost per unit = ($142,930 - $88,124) / (20,160 - 9,600)
Variable cost per unit = $5.78
Variable costs for August = Variable cost per unit x August production level
Variable costs for August = $5.78 x 20,160
Variable costs for August = $116,620.80
Fixed costs for February:
Fixed costs = Total costs - (Variable costs + Mixed costs)
Fixed costs = $88,124 - ($27,840 + $25,984)
Fixed costs = $34,300
Mixed costs for August:
Mixed costs = Total costs - (Fixed costs + Variable costs)
Mixed costs = $142,930 - ($34,300 + $116,620.80)
Mixed costs = $1,009.20
Therefore, the missing costs are:
Variable costs for August = $116,620.80
Fixed costs for February = $34,300
Mixed costs for August = $1,009.20
Using the high-low method, we can calculate the cost formula for the mixed costs as follows:
Variable cost per unit = ($142,930 - $88,124) / (20,160 - 9,600)
Variable cost per unit = $5.78
Using the highest production level and its corresponding total cost, we can find the total fixed cost:
Total cost at highest production level = Fixed cost + (Variable cost per unit x Highest production level) + Mixed cost
$142,930 = Fixed cost + ($5.78 x 20,160) + $1,009.20
Fixed cost = $36,176.80
Therefore, the cost formula for the mixed costs is: Total cost = $36,176.80 + ($5.78 x Production level) + Mixed cost.
To calculate the total cost for the production of 13,824 units, we can use the cost formula for mixed costs:
Total cost = $36,176.80 + ($5.78 x 13,824) + $1,009.20
Total cost = $107,683.16
The two key cost behavior assumptions made in the calculation of the answer to part c are:
The assumption that the mixed costs are linear within the relevant range of production levels.
The assumption that the variable cost per unit remains constant within the relevant range of production levels.
Learn more about mixed costs here: https://brainly.com/question/29840754
#SPJ1
what are factors affect demand for labour
The factors that effect demand for labour are:
The quantity of a produt that labor produces
A change in the production process that uses more or less labor
A change in goverment policy that effects the quantity of labor
Ricardo wants to rent a personal watercraft for a beach party. Wavy Dave's charges $17. 50 per hour plus a $20 fuel fee. Sun'N'Fun charges $15. 00 per hour plus a $30 fuel fee. After how many hours will Sun'N'Fun be cheaper than Wavy Dave's?.
Answer:
5 hours
Explanation:
(h = hour)
Wavy Dave's:
h1=20 + 17.50= 37.50
h2= 20 + 17.50 + 17.50 = 55
h3= 20 + 17.50 + 17.50 + 17.50 = 72.50
h4 = 20 + 17.50 + 17.50 + 17.50 + 17.50 = 90
h5= 20 + 17.50 + 17.50 + 17.50 + 17.50 + 17.50 = 107.50
Sun'N'Fun:
h1= 30 + 15 = 45
h2= 30 + 15 + 15 = 60
h3= 30 + 15 + 15 + 15 = 75
h4= 30 + 15 + 15 + 15 + 15 = 90
h5= 30 + 15 + 15 + 15 + 15 + 15 = 105
Role of Insurance in a Business Environment - minimizing the risk of loss due to a tortious action on the part of the employer or employee (vicarious liability)
What is the primary purpose of a rating service company such as A.M Best?
Determine financial strength of an insurance company
Which of the following is NOT considered advertising?
A rating from a rating service company, such as A.M. Best
A plan in which an employer pays insurance benefits from a fund derived from the employer's current revenues is called
A self-funded plan
A nonparticipating policy will
not pay dividends
What kind of life insurance policy issued by a mutual insurer provides a return of divisible surplus?
participating life insurance policy
Why are dividends from a mutual insurer not subject to taxation?
Because dividends are considered to be a return of premium
A type of insurer that is owned by its policyowners is called
A mutual insurer is owned by its policyowners.
A life insurance company has transferred some of its risk to another insurer. The insurer assuming the risk is called the
reinsurer. When risk is transferred from one insurer to another, the insurer assuming the risk is called the reinsurer.
A nonparticipating company is sometimes called a(n)
stock insurer. A stock insurer is referred to as a nonparticipating company because policyholders do not participate in dividends resulting from stock ownership.
Karen is a producer who has obtained personal information about a client without having a legitimate reason to do so. Under the McCarran-Ferguson Act, what is the minimum penalty for this?
A fine of $10,000 or up to one year in jail is the penalty for any person who obtains information about a client without having a legitimate reason to receive it.
An insurer's ability to make unpredictable payouts to policyowners is called
liquidity. Liquidity indicates a company's ability to make unpredictable payouts to policyowners.
Reducing the likelihood that a loss may result from a tort on the side of the employer or employee When an employer is held vicariously liable for the actions of his employees, it means that the employer is also held accountable.
There are limits to vicarious culpability. The frolic and divert defence is one of the most widely used strategies. The frolic and detour rule decides whether employers will be held vicariously accountable when employees hurt others while behaving beyond the scope of their employment.
For violations of Article 21 involving tortious conduct by employees while on the job, the Union and State governments would be held accountable. In many cases, the Supreme Court granted monetary settlements. Regarding Nibati Behera v.
Read more about vicarious liability at
https://brainly.com/question/20037829
#SPJ4
A coating machine costs $125,000. The coating solution costs $.15 per piece. You expect the coating machine to coat 50,000 parts over its useful life. What is the machine cost per part?
Answer:
$17.50
Explanation:
Cost of 50,000 times coating solution:
15 * 50,000 = 750,000 ($)
So 750,000 + 125,000 = 875,000 ($) ← Total cost
Single cost is 875000 ÷ 50,000 = 17.5 ($)
Why are economic systems needed? Respond to the question below with a minimum of 5 sentences.
Answer:
Explanation:Since economic resources are scarce, they must be used efficiently. We want to produce as much goods and services as we can, and in the process, produce the goods and services needed the most. There are five functions an economic system performs in producing goods and services for consumption.
An architect’s functions may include which of the following? (SELECT ALL THAT APPLY.)
-planning and designing houses, commercial buildings, and other structures
-ensuring worksite safety
-collaborating with engineers
-acting as a construction manager and supervising contractors
Answer:
the answer is planning, ensuring, and acting
Explain what Public Relations is?
Cite as much information as you can.
Explain what a Public Relations Manager does?
Cite as much information as you can.
Why would public figures (such as celebrities, politicians, professional athletes, etc) need a Public Relations Manager?
Cite as much information as you can.
How much money do PR Managers make?
What type of training or schooling do PR Managers need?
Public relations is the management and dissemination of information from a person or an organisation to the public with the goal of altering their view. Public relations is internally managed in contrast to publicity, which is unmanaged and supported by outside sources.
What is Public Relations?
Public relations is the process of gathering and disseminating information to the general public in an effort to alter public perceptions of an individual or an organisation. Publicity differs from public relations in that it is created by outside sources and is not subject to internal control.
Hence, Public relations experts work to improve and maintain the public's favourable view of a company or organisation. They offer press releases and material for social media that improves brand recognition and changes the public's impression of the company or organisation. A savvy public relations specialist is engaged in the world and keeps up with news in the industries of their clients as well as current events, trends, and developments in our own "industry," which includes being aware of the effects of social media. Both bringing the outside in and bringing the inside out are PR's responsibilities.
To learn more about Public Relations click,
https://brainly.com/question/943156
#SPJ1
taylorism attempted to use scientific principles to better handle which aspect of business?
Taylorism attempted to use scientific principles to better handle industrial production in a business.
The term Taylorism was a scientific management theory that was proposed by Frederick Taylor.
It was a factory management theory that was established in the nineteenth century in order to raise efficiency.
To do this every step in the industrial manufacturing process had to be broken down so that the production would be more specialized and the tasks would be repetitive.
Read more on https://brainly.com/question/1933121?referrer=searchResults