Explanation:
Fixed assets, also known as long-lived assets, tangible assets or property, plant and equipment, is a term used in accounting for assets and property that cannot easily be converted into cash. This can be compared with current assets such as cash or bank accounts, described as liquid assets.
Answer:
Fixed assets, also known as long-lived assets, tangible assets or property, plant and equipment, is a term used in accounting for assets and property that cannot easily be converted into cash. This can be compared with current assets such as cash or bank accounts, described as liquid assets.
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Explanation:
Given the information below, calculate the net cash provided from operating activities for Baskin Peter Pty. Ltd.
Receipts from customers $279,247
Payments for property, plant & equipment $42,310
Interest paid $4,231
Proceeds from issue shares $25,836
Payments to supplier and employees $220,013
Repayment of borrowings $53,331
GST paid $16,924
Payments for motor vehicle $37,985
Interest received $6,770
Select one:
$61,773
$44,849
$55,345
$49,080
Given the following information for Blue Bell Company for last year: Net sales (all on account) $5,200,000 Cost of goods sold 2,080,000 Interest expense 240,000 Income tax expense 280,000 Net income 420,000 Income tax rate 40% Total assets: January 1 $1,800,000 December 31 2,400,000 Shareholders' equity (all common): January 1 1,500,000 December 31 1,600,000 Current assets, December 31 700,000 Quick assets, December 31 400,000 Current liabilities, December 31 300,000 Net accounts receivable: January 1 200,000 December 31 180,000 Inventory: January 1 210,000 December 31 250,000
Refer to table: Blue Bell's current ratio at December 31 was:____.
a. 2.33 times
b. 3.67 times
c. 0.43 times
d. 1.33 times
Based on the information given Blue Bell's current ratio at December 31 was:
a. 2.33 times.
Using this formula
Current ratio=Total current assets/ Total current liabilities
Where:
Total current assets=$700,000
Total current liabilities=$300,000
Let plug in the formula
Current ratio=$700,000/$300,000
Current ratio=2.33 times
Inconclusion Blue Bell's current ratio at December 31 was:
a. 2.33 times.
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The five stress in the workplace
The five stress in the workplace
WorkloadInterpersonal conflictsLack of controlOrganizational culture and job demandsWork-life balanceThe five stress in the workplaceStress in the workplace can stem from various factors, including excessive workloads, tight deadlines, and a high volume of tasks. Interpersonal conflicts, such as poor communication and personality clashes, can also contribute to workplace stress.
Feeling a lack of control over work-related decisions and schedules, along with a toxic organizational culture or unrealistic job demands, can further exacerbate stress levels. Additionally, difficulties in achieving work-life balance due to long hours and limited personal time can lead to increased stress and burnout.
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f Honduras is open to international trade in oranges without any restrictions, it will import
tons of oranges.
Suppose the Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers. A tariff of
$
per ton will achieve this.
A tariff set at this level would raise
$
in revenue for the Honduran government.
Suppose that Honduras is open to international trade in oranges without any restrictions, it will import an infinite amount of oranges. Therefore, the import of oranges can be limited through a tariff. The Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers.
A tariff of $720 per ton will achieve this. A tariff set at this level would raise $72,000 in revenue for the Honduran government.
Tariff: It is a tax imposed by a government on imported or exported goods. The main purpose of a tariff is to limit imports and protect domestic production and employment.
In this scenario, a tariff is imposed by the Honduran government to limit the import of oranges and help domestic producers. Therefore, if the tariff is set at $720 per ton, then it would reduce the imports of oranges to exactly 100 tons, which is the desired goal of the Honduran government.
Moreover, the tariff rate multiplied by the number of imports gives the amount of revenue raised by the Honduran government, which is $720 × 100 = $72,000. Thus, a tariff set at $720 per ton will raise $72,000 in revenue for the Honduran government.
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I need help please .
Answer:
Yes I think it does. News channels can be saying different opinions.
No I do not. People would like to hear the whole story.
Explanation:
QUESTION TWO
a) A bakery bakes cakes under the brand name “super cakes.” Irene Juma, the manageress does not know the cost of each cake. She therefore gathers data on the total cost of each day’s production for the last 10 days. The results are shown in the table below:
Day Number of cakes (‘00’ units) Total cost (Sh. ‘000’)
1 22.5 23.0
2 21.0 21.6
3 27.5 23.3
4 21.5 24.0
5 30.0 28.2
6 20.0 22.4
7 24.0 23.1
8 26.5 25.3
9 18.3 20.1
10 17.0 16.5
Required:
i) Estimate the total cost function using the ordinary least squares method. State the fixed cost and unit cost. (11 marks)
ii) If each cake is sold at Sh. 10, determine the break even number of cakes. (3 marks)
b) Two different models are available for the same machine. The production statistics (number of units produced per hour) of these two models are given below. The data was collected on different days.
Model A: 180, 176, 184, 181, 190, 137,
Model B: 195, 194, 190, 192, 187, 185, 187,
Will you conclude that Model A and Model B have the same productivity (6Marks)
a) i) Using ordinary least squares, the estimated total cost function for the bakery's "super cakes" is Total Cost (Sh. '000') = 4.07 + 0.81 * Number of cakes ('00' units).
ii) The break-even number of cakes is approximately 21.42 cakes.
b) Model A has an average productivity of 171.33 units per hour, while Model B has an average productivity of 190.71 units per hour. We cannot conclude that they have the same productivity.
a) i) To estimate the total cost function using the ordinary least squares method, we can use the given data on the number of cakes and total cost for the last 10 days. Let's denote the number of cakes as X and the total cost as Y.
Using a linear regression model, we can find the equation of the line that best fits the data. The general form of the linear equation is Y = a + bX, where a represents the fixed cost and b represents the unit cost.
We can calculate the values of a and b using the ordinary least squares method. This involves minimizing the sum of the squared differences between the observed total cost and the predicted total cost based on the equation.
After performing the calculations, we obtain the following results:
a = 4.07 (fixed cost)
b = 0.81 (unit cost)
Therefore, the estimated total cost function for the bakery's production of "super cakes" is:
Total Cost (Sh. '000') = 4.07 + 0.81 * Number of cakes ('00' units)
ii) To determine the break-even number of cakes, we need to find the number of cakes at which the total cost equals the total revenue. Since each cake is sold at Sh. 10, the revenue function can be expressed as Revenue = 10 * Number of cakes ('00' units).
Setting the total cost function equal to the revenue function, we have:
4.07 + 0.81 * Number of cakes = 10 * Number of cakes
Simplifying the equation, we find:
0.19 * Number of cakes = 4.07
Dividing both sides by 0.19, we get:
Number of cakes = 21.42
Therefore, the break-even number of cakes for the bakery is approximately 21.42 cakes.
b) To conclude whether Model A and Model B have the same productivity, we can analyze the production statistics provided for both models. Based on the data, we can calculate the mean (average) number of units produced per hour for each model.
Model A: (180 + 176 + 184 + 181 + 190 + 137) / 6 = 171.33
Model B: (195 + 194 + 190 + 192 + 187 + 185 + 187) / 7 = 190.71
From the calculated means, we can see that Model A has a lower average productivity (171.33 units per hour) compared to Model B (190.71 units per hour). Therefore, based on the given data, we cannot conclude that Model A and Model B have the same productivity.
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eBook
Dividing Partnership Income
Beau Dawson and Willow McDonald formed a partnership, investing $65,000 and $195,000, respectively.
Determine their participation in the year's net income of $275,000 under each of the following independent assumptions:
a. No agreement concerning division of net income.
b. Divided in the ratio of original capital investment.
c. Interest at the rate of 6% allowed on original investments and the remainder divided in the ratio of 2:3.
d. Salary allowances of $34,000 and $49,000, respectively, and the balance divided equally.
e. Allowance of interest at the rate of 6% on original investments, salary allowances of $34,000 and $49,000, respectively, and the remainder divided equally.
Dawson
McDonald
137,500
137,500
$ 68,750 ✓
a.
b.
C.
d.
Show Me How
e.
Feedback
X
$206,250
Check My Work
Set up a column for each partner and a total column.
a. Determine the distribution of income and losses in the absence of a partnership agreement.
h Lise the ratio of the partner's original capital investment to distribute the net income.
The distribution of income and losses to the partners is as follows:
Beau Dawson Willow McDonald Total
a) No agreement (income or loss
is shared equally) $137,500 $137,500 $275,000
b) Ratio of original capital $68,750 $206,250 $275,000
c) Interest at 6% and the remainder shared equally:
Total income shared $107,660 $167,340 $275,000
d) Salary Allowances and the remainder shared equally:
Total income shared $130,000 $145,000 $275,000
e) Interest at 6%, salary allowances of $34,000 and $49,000, and the remainder shared equally:
Total income shared $126,100 $148,900 $275,000
How do partners share profits?Partners share profits and losses according to their partnership agreements.
In the absence of a partnership agreement, profits and losses are distributed equally.
Beau Dawson Willow McDonald Total
Capital investment $65,000 $195,000 $260,000
Profit-sharing ratio (capital) 1 : 3
Sum of ratios = 4
Net income for the year = $275,000
Profit-sharing under these scenarios:
Beau Dawson Willow McDonald Total
a) No agreement (income or loss
is shared equally) $137,500 $137,500 $275,000
b) Ratio of original capital $68,750 $206,250 $275,000
c) Interest at 6% and the remainder
in the ratio of 2:3
Interest on capital $3,900 $11,700 $15,600
Income-sharing $103,760 $155,640 $259,400
Total income shared $107,660 $167,340 $275,000
d) Salary Allowances $34,000 $49,000 $83,000
Income-sharing (equally) 96,000 96,000 $192,000
Total income shared $130,000 $145,000 $275,000
e) Interest at 6%, salary allowances of $34,000 and $49,000, and the remainder shared equally:
Interest on capital $3,900 $11,700 $15,600
Salary Allowances $34,000 $49,000 $83,000
Income-sharing (equally) $88,200 $88,200 $176,400
Total income shared $126,100 $148,900 $275,000
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Two key aspects of financial planning are cash planning and profit planning. Cash planning involves the preparation of the cash budget and profit planning involves preparation of pro forma statements. To make cash budget and pro forma statements for a firm, accounting knowledge is needed. Do accounting courses you took before help you better understand how to make cash budget and pro forma income statement and balance sheet? Explain.
Yes. Accounting courses I took before helps us understand how to make cash budget and pro forma income statement and balance sheet.
Here's how accounting courses can help individuals in creating cash budgets, pro forma income statements, and balance sheets:
Cash Budget: Accounting courses teach students about the importance of cash flow management and how to prepare a cash budget. Pro Forma Income Statement: Accounting courses teach students how to analyze historical financial data and use it to forecast future performance. Balance Sheet: Accounting courses provide a comprehensive understanding of balance sheets and their components. Students learn how to analyze assets, liabilities, and shareholders' equity to assess the financial position of a company.By studying accounting, individuals gain a solid foundation in financial concepts, reporting standards, and analytical techniques. This knowledge equips them with the skills necessary to create cash budgets, pro forma income statements, and balance sheets effectively.
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Steve met Diana at the local gym and they started talking about how Diana needed her
house painted. Steve told Diana that he would paint her whole house for $5,000 and
that he would keep the offer open for seven days. Later that night, Steve even sent
Diana an email detailing the terms of the offer. Two days later, Steve sent Diana an
email around 2:25 p.m., stating that the original offer was revoked. Around 1:55 p.m.
that same day, Diana wrote Steve a letter, stating that she accepted his offer for the
house painting. As soon as Diana was able, she went to Post Office and sent Steve the
letter by certified mail (time stamped by the Postal Service at 2:27 p.m.). That night
around 5:45 p.m., Diana was reviewing her emails and saw Steve's earlier email
informing her about the revocation of the offer. She immediately called him to tell him
that she had wrote him a letter of acceptance. Was the offer revoked by Steve and why
or why not?
Answer:
Was the offer revoked by Steve and why
or why not?
No
Explanation:
I am not the best with contracts so no guarnatee but there was a clear offer, acceptance, consideration, making this a contract. Unless in the terms of the contract it stated that there could be a cancellation at any time, Steve is obligated to follow through.
What happens if you only make the minimum payment on your credit card statements
Yes, you can maintain the use of your credit card by making only the Minimum Payment Due each month. However, there won't be an interest-free time and you'll have to pay exorbitant interest rates.
What takes place when you only pay the minimum amount. Even though it's crucial to make at least the minimum payment each month, it's not recommended to carry a credit card balance from month to month because you'll accrue interest fees (unless you're taking advantage of an introductory 0% APR) and run the danger of going into debt. A minimum payment won't lower your credit score by itself because you aren't skipping a payment.
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Consider that the market demand function For IBM Computer represented as a. Calculate Price elasticity of demand when d=20,000-0.5P, Ceteris paribus the price per unit is Birt 10,000. b. It the demand for IBM Computer aces elsarric, inelastic or Unitary elastic? C. Interpret the result
A. The price elasticity of demand is PED ≈ -0.67.
B. The demand for IBM computers is inelastic because the absolute value of the price elasticity of demand (PED) is less than 1.
C. The negative value of the price elasticity of demand (-0.67) indicates an inverse relationship between price and quantity demanded.
To calculate the price elasticity of demand (PED), we need to use the formula:
PED = (% change in quantity demanded) / (% change in price)
a. Given the demand function d = 20,000 - 0.5P and the price per unit is $10,000, we can calculate the quantity demanded at this price by substituting P = $10,000 into the demand function:
d = 20,000 - 0.5 * 10,000
d = 20,000 - 5,000
d = 15,000
Now, let's consider a small change in price. Let's say the price decreases to $9,500, and the quantity demanded changes to 15,500. We can calculate the percentage changes:
% change in quantity demanded = (15,500 - 15,000) / 15,000 * 100 = 3.33%
% change in price = (9,500 - 10,000) / 10,000 * 100 = -5%
Now we can calculate the price elasticity of demand:
PED = (% change in quantity demanded) / (% change in price)
PED = 3.33% / -5%
PED ≈ -0.67
b. The demand for IBM Computer is inelastic because the absolute value of the price elasticity of demand (PED) is less than 1. In this case, the PED is approximately -0.67, indicating that a 1% change in price will lead to a smaller percentage change in quantity demanded.
c. The negative value of the price elasticity of demand (-0.67) indicates an inverse relationship between price and quantity demanded. In other words, as the price of IBM Computers increases, the quantity demanded decreases, and vice versa. However, since the demand is inelastic, the change in quantity demanded is proportionately smaller than the change in price. This suggests that consumers are not highly responsive to price changes, and IBM Computers are relatively price-insensitive.
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A job analysis report transforms the analysis into three components: an
analysis, a summary, and
?
Work activities, worker attributes, and work context are the three main categories of data used in job analysis.
What is Job analysis?Work analysis is the process of gathering all the essential details about a certain job, including the tasks involved, the knowledge and skills needed to accomplish the job, and the responsibilities and skills necessary for the job to be performed successfully.
One of the most crucial tasks carried out by a human resource manager is job analysis. By defining the relevance, definition, and technique of "job analysis" with an emphasis on the job description & job specification, which are seen as the process's output, this article will help readers understand the concept.
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what are the core secret to success
Answer:
#Secret 1 – Be Passionate About Goals.#secret 2 – Set Your Mind On Positive Mode.#Secret 3 – Create Your Own Strategies.#Secret 4 – Value Your Time.#Secret 5 – Make Your Mission Enthusiastic.
Explanation:
This can help you to be good.
Erik is acting in a single agency capacity in a transaction. What does this mean?
Which of the following is NOT a disadvantage of personal interviews?
Answer:
Where are the options to this question
What is the difference between accounts payable and accounts receivable?
Please help me out with this question
Thanks ~
Accounts payable - Accurately tracking what's owed to suppliers, ensuring payments are properly approved and processing payments.
\( \: \: \: \: \: \: \: \: \: \: \: \: \)
Accounts receivable - The balance of money due to a firm for goods or services delivered or used but not yet paid for by customers.
Answer:
Accounts payable represents money that your business owes to suppliers, accounts receivable represents money owed to your business by customers.
Explanation:
Would you say that the organizational partnerships in the Jumpstart case reflect good fits between partners? Why, or why not?
In the Jumpstart case, the organizational partnerships in the Jumpstart case reflect good fits between partners because they depends on shared goals, skills, resources and mutual benefit
Do Organizational Partnerships in Jumpstart case show good fits?Often, ll good fits between partners are reflected when they align their objectives, expertise and resources towards a common goal, and when their collaboration results in value creation for all parties involved.
If we have mismatches in terms of objectives, values, or capabilities, the partnerships may not be considered good fits and could face challenges in achieving their intended outcomes.
Therefore, the evaluating the compatibility and alignment of partners' goals and capabilities is crucial in determining the suitability of organizational partnerships in the Jumpstart case or any other context.
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The inflationary spiral explains the causes and effects of high inflation.
The spiral usually begins with an increase in demand. What is the direct effect of this increase?
a. Producers raise prices to continue to make a profit.
b. The government prints more money, lowering the value of money.
c. Workers negotiate with employers to receive more money.
d. Consumers need higher wages to keep up with rising prices.
Answer:
A. Producers raise prices to continue to make a profit.
Explanation:
The direct result of increase in demand is that the producers raise prices to continue to make a profit.
So, option a. is correct.
Inflationary spiralInflation is defined as a broad, gradual increase in the costs of goods and services in a market. An inflationary spiral starts when there is an increase in price, which leads to people requesting pay increases.
The inflationary spiral describes why and how high inflation occurs. Typically, the spiral begins with a rapid growth. The direct result of this increase is that the producers raise prices to continue to make a profit. So, option a. is correct.
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One reason why, in the lust four decades, the number of new auto makers in the world has been very small compared to the past is that :_________ a) the automobile cannot be improved upon in any way by new producers b) new auto makers cannot obtain necessary inputs to produce new cars c) governments restrict who can produce automobiles d) new producers cannot match the economies of scale of existing auto makers
Answer:
DD
Explanation:
After taking this course and learning more about business communication, do some internet research on companies that make communication in the workplace a priority. Find one organization that stands out to you as one that you would be excited to work for.
Name the organization.
What did you discover about this organization and their approach to communication in business?
Share what makes their communication strategy unique or intriguing to you?
What will you look for in organizations you want to work for? What will you look for in managers as you interview with organizations in the future?
Go-ogle is one of the most sought-after companies in terms of employment. Employees at Go-ogle make a lot of money in addition to enjoying benefits like access to dog parks and coffee cafes.
Why is working for Go-ogle a fantastic opportunity?It is a popular choice among job seekers since the company provides its employees with cutting-edge tools and technology as well as a friendly work atmosphere. It is a popular choice because of its career progression opportunities, competitive pay structure, and other perks.
In addition to having flexible hours, It allows its employees to work remotely for up to four weeks every year. A "work-from-anywhere week" is an employee advantage that allows them to bring their work with them wherever they go.
What is the communication method it employs?It provides several different ways to communicate, such as social networking, text messaging, videos, and email. The benefit of using it for some of your communication needs is that all of the tools can be accessed with a single username, and information is integrated between them without any gaps.
Why do you want to work for your business?Express your pas-sion for the goals, goods, and services of the business. Employers want to know that you are pas-sionate about their job, whether it is a service, a mission, a brand, or a combination of these. The organization's guiding values, which are typically posted on its web-site, may help you connect your pas-sion to the organization.
What traits should I evaluate while interviewing a manager?A person like this might be emotionally intelligent, well-organized, inspiring, or a gifted speaker. To be able to describe a manager who would work well in that environment, you should take the time to study the organizational structure of the company and where your desi-red position would lie within it.
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Based on systems characteristics, identify any component (substructure) in the organization and describe its objective, the activity currently the component is performing (in relation to services it is rendering and/or contributing towards the production of goods/products)
The substructure in the organization is the functional organizational structure which help in structuring the workers.
What is the purpose of functional organizational structure?A functional organizational structure serves as the structure that help to organize the workers in the organization and this is usually done by grouping specific skills and knowledge.
And this structure ,it is usually easy to maintain good production of goods/products, because it will help employees to be assigned to one product or service.
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Which of the following is NOT an example of sales promotion?
Coupons
Telemarketing
Catalogs
Samples
Answer:samples
Explanation:All of the other answers are indeed marketing but samples are just a way of seeing other people views on whatever your giving samples for
Sales promotion basically mean the process of persuading or enticing some targeted potential customer to buy the company product.
Sales promotional activities are designed to be used as a short-term tactic to boost the company sales on a product.
Sales promotion are used as a method of building long term customer relationship and loyalty.
Below are some sales promotion examples used in boosting product awareness in a targeted location
a. Giving Samples and Coupons
b. Direct marketing of product (Telemarketing)
c.Referral discounts.
d. contests and giveaways
In conclusion, Catalogs is not an example of sales promotion
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Holloway Company earned $6,800 of service revenue on account during Year 1. The company collected $5,780 cash from accounts receivable during Year 1. Required Based on this information alone, determine the following for Holloway Company. (Hint: Record the events in general ledger accounts under an accounting equation before satisfying the requirements.) (Enter any decreases to account balances with a minus sign.) a. The balance of the accounts receivable that would be reported on the December 31, Year 1, balance sheet. b. The amount of net income that would be reported on the Year 1 income statement. c. The amount of net cash flow from operating activities that would be reported on the Year 1 statement of cash flows. d. The amount of retained earnings that would be reported on the Year 1 balance sheet.
The further discussion can be defined as follows:
For point A:Calculated to use this formulation is the account receivable
reported on the balance sheets
Using formula:
Admissible Accounts
For point B:The reported net income is revenue from services of \(\$18,000\)
For point C:The reported net cash flow from operations is \(\$14,000\) in
cash from accounts receivables in 1 year.
For point D:Reclaimed revenues are \(\$18,000\) representing the amount of net
income transferred to the retained income account.
So, the final answer is "$4,000, $18,000, $14,000, and $18,000".
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Question 3 of 10
What is an advertising campaign?
A. A method of finding customers according to particular
characteristics
B. A set of games customers receive for free when they buy certain
products
C. An electronic device that enables customers to interact with an
advertisement
D. A series of product-related activities designed to get the attention
of customers
An advertising campaign is a series of product-related activities designed to get the attention of customers. Option D
What is an advertising campaign?An advertising campaign is a series of product-related activities designed to get the attention of customers. It involves the creation and dissemination of advertising messages through various channels such as TV, radio, print, online and social media, with the goal of promoting a product, service or brand to a specific target audience.
The campaign typically has a specific objective and a set budget and may run for a defined period of time.
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Student Presentation Graphic Organizer
* Business Communications * Mrs. Menz * 2022 - 2023 *
Step One (6.01) Choose an audience
Highlight one or write in your response:
Your classmates
OR: you can role play for a different audience
A hiring committee A third-grade class A local community
organization
A club or team
A group of teachers A group of co-
workers
Your family Write in your own:
Step Two (6.01) Choose a category
Highlight one:
Informative Persuasive Instructional
The purpose of this
category is to give
background on an item, not
to convince someone to
think a certain way
The purpose of this
category is to move the
audience to action
The purpose of this
category is to demonstrate
proper technique or inform
on how to apply a skill
Works well with:
presentations on animals,
locations, biographies, and
historical events
Works well with:
environmental causes;
encouraging healthy
practices; giving music,
book, or song
recommendations;
Works well with: describing
sports techniques, teaching
how to make a recipe,
creating a product
Step Three (6.01) Choose a topic
Write in your response
Step Four (6.03) Finding appropriate sources
At least two sources of information
Name of Website: URL:
(Before completing the project, you will revisit your cites to gather details for APA
citation. “Knight Cite” by Calvin College is a handy resource)
Step Five (6.03) Determining Key data
Write in five to ten measurable facts
Step Six (1.03) Create an APA reference list for your sources
Create an APA citation for all sources that will be included on your final slide
Resources:
Purdue University Online Writing Lab (OWL)
Calvin College Knight Cite
Step Seven (7.03) Create a visually pleasing slide deck to share your information
Include at least two graphics / visuals. Credit sources in your works cited.
Time limit: 1 to 3 minutes, using audio recording on PowerPoint
Content is suitable for purpose and topic and includes 5 – 10 facts.
Additional resources:
https://piktochart.com/
Canva.com
Student PowerPoint Presentations
* Business Communications * Mrs. Menz * 2022 - 2023 *
Grading Criteria:
Content (8 points total)
The topic and purpose are clear
The message is appropriate for the target audience
Includes five to ten facts
Delivery (5 points total)
Presentation is between one and three minutes
Speaking voice is clear and confident
Visual Presentation (3 points total)
At least two visuals included
Visual effects add value to the presentation and do not distract from the message
References (4 points total)
At least two sources referenced
References are listed in APA format
Business Communications * Mrs. Menz * 2022 - 2023
For my student presentation in Business Communications with Mrs. Menz during the 2022-2023 academic year, I have chosen the following options:
Step One: Audience
I have decided to present to a hiring committee. This audience will allow me to showcase my skills and knowledge in a professional setting.
Step Two: Category
I have chosen the persuasive category for my presentation. The purpose of my presentation will be to persuade the hiring committee to consider me as a strong candidate for a specific job or role.
Step Three: Topic
I will focus on presenting the benefits of implementing a remote work policy in a company. I will discuss how remote work can improve employee productivity, work-life balance, and cost savings for the organization.
Step Four: Sources
I will gather information from at least two sources. The names of the websites and their URLs will be determined later after conducting research.
Step Five: Key Data
I will include measurable facts such as statistics on increased productivity in remote work environments, cost savings from reduced office space, and employee satisfaction surveys.
Step Six: APA Reference List
I will create an APA citation for each source I use in my presentation, ensuring proper credit for the information.
Step Seven: Slide Deck
I will create a visually appealing slide deck using PowerPoint, including at least two graphics or visuals related to remote work. I will credit the sources of these visuals in my works cited.
Overall, I will aim to meet the grading criteria by ensuring that my content is clear, appropriate for the hiring committee, includes five to ten persuasive facts, and is delivered within the time limit.
Additionally, I will focus on creating a visually pleasing slide deck that enhances my presentation without distracting from the message.
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Star Bank provided cash to a customer, J. Brown, to pay for a building. Star required that Brown also sign a(n) ______ (
Star Bank provided cash to a customer. Star required that Brown also sign Promissory Note.
What is customer?A customer is an individual or group who purchases goods or services from a business. They are the end-users of the products and services provided by the organization. Customers have an important role in a company’s success as they generate income and help the business to grow. Therefore, it is important for organizations to understand their customers and their needs in order to provide the best possible service. Companies must also make sure they keep their customers satisfied, as happy customers are likely to return and become repeat customers. By understanding their customers, organizations can also plan for future products and services that will meet the needs of the customer. Therefore, customers are essential for successful business operations.
Promissory Note. A promissory note is a legal document that contains a written promise by one party (J. Brown) to pay a sum of money to another party (Star Bank) on demand or at a specified future date. The note documents the amount of money borrowed, the interest rate (if any), and other terms of the loan, such as the date of repayment. The promissory note also serves as evidence of the debt, and it can be used to collect the debt in a court of law.
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Question 5
If an individual has a Holland code suggesting Conventional strengths,
career in which field might be most satisfying?
h
O Finance
O Teaching
O Food Service
O Medicine
If an individual has a Holland code suggesting Conventional strengths, the career in finance field might be most satisfying. Thus, the correct answer is option B.
What is a Holland Code?The Holland Codes, also known as the Holland Occupational Themes, are a taxonomy of interests based on a career and vocational choice theory developed by American psychologist John L. Holland.
The Holland Codes are a component of the Strong Interest Inventory, which is used to assess interests. Holland defines the "Conventional Type" as a person who has "a preference for actives that entail the explicit, ordered, systematic manipulation of data . These behavioral tendencies, in turn, lead to the development of clerical, computational, and business system competencies.
Therefore, a career in finance would be appropriate for an individual who has a Holland code suggesting Conventional strengths.
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Which regulatory agencies provide general oversight for the banking industry the Fed and the FDIC?
The "Regulatory Agencies for the Financial Activities of State Governments" are a particular group of organizations that regulate the financial services sector. These organizations are able to authorize a wide range of banking laws and operations.
The two main organizations in charge of policing the banking sector are the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC). In reality, the Fed is its own internal financial regulator. Maintaining banks' strong financial standing is its key duty, and its primary duty is to oversee the capital and liquidity of the banking system. The U.S. government's insurance corporation, the FDIC, is largely in charge of protecting its deposits.
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New lithographic equipment, acquired at a cost of $859,200 on March 1 of Year 1 (beginning of the fiscal year), has an estimated useful life of five years and an estimated residual value of $96,660. The manager requested information regarding the effect of alternative methods on the amount of depreciation expense each year. On the basis of the data presented to the manager, the double-declining-balance method was selected.
Required:
a. Determine the annual depreciation expense for each of the estimated five years of use, the accumulated depreciation at the end of each year, and the book value of the equipment at the end of each year by (a) the straight-line method and (b) the double-declining-balance method. Round your answers to the nearest whole dollar.
b. Journalize the entry to record the sale assuming the manager chose the double-declining-balance method.
Answer and Explanation:
The calculation and the journal entry is given below:
a)
Depreciation expense= (Original cost - Residual Value) ÷ Estimated useful life
= $(859200 - 96660) ÷ 5
= $152508
Year Depreciation Expense Accumulated depreciation Book Value,
1 $152508 $152508 $706692
2 152508 305016 554184
3 152508 457524 401676
4 152508 610032 249168
5 152508 762540 96660
b)
Depreciation rate is
= 100 ÷ 5 × 2
= 40%
Year Depreciation Expense Accumulated depreciation Book Value,
1 $343680 $343680 $515520
( 40% of 859200)
2 206208 549888 309312
(40% of 515520)
3 123725 673613 185587
4 74235 747848 111352
5 14692 762540 96660
(111352-96660)
c)
The journal entry is
Cash $141422.00
Accumulated depreciation- Equipment $747848.00
To Gain on sale of Equipment $30070.00
To Equipment $859200.00
(Being the sale of equipment is recorded)
Goods or services are limited after a natural disaster or during times of war. Which economy can be described as the best type to serve its citizens when taking scarcity into account?