Information stress, according to psychologists, can drain and demoralize us and cause symptoms resembling those of attention deficit disorder (ADD). This may ultimately result in overwork, burnout, or depression. Being overloaded with information refers to the feeling of having too much information to digest or pay attention to.
The phrase is used to describe circumstances where there is too much data for a particular decision as well as the ongoing deluge of data from various sources that is a feature of modern living. When you attempt to take in too much knowledge at once, your brain may become overloaded.
To learn more about Information, click here.
https://brainly.com/question/13629038
#SPJ1
what is this ≅ and how I use it
what is this ㏒ and how i use it
what is this⇆ and how i use it
Answer:
≅: Congruent
㏒: Logarithms
⇆: Reversible
Explanation:
None
Mary, a college student, needs to borrow $8,000 today for her tuition. She agrees to pay back the loan in a lump-sum payment upon graduating, 4 years from today. The lender agrees to lending at a fixed 3.85% interest rate during the loan period. What is the total cost of Mary's student loan?
Answer:
$ 9,304.99
Explanation:
The applicable formula is
A = P x (1 + r)^n
where A is the amount after 4 years
P is principal amount $8000
r is interest rate = 3.85% or 0.0385
n = number of periods: 4
A = $8000 x ( 1 + 0.0385) ^4
A = $8000 x (1.0385)^4
A = $8000 x 1.163123
A =$9,304.99
How does the company’s focus on recruiting accountants and related services give Accountingfly a competitive advantage?
In order for a company to make a profitable growth, it must have good terms of accounts and finance people.
The services that may lead the company to focus on competitive advantage are the benefits of hiring those accounts that are honest, hard-working and work with deadlines. The company recruitment can make a competitive advantage by taking in top-notch accountants and giving large pays thereby attracting more clients. It also does this by working with the approved rules, standards, and regulations.Hence the option D is correct.
Learn more about the company’s focus on recruiting accountants.
brainly.com/question/13234529.
Connie works in the Human Resource department of a company and is
head of payroll. She needs some extra money and so she creates bank accounts in the name of employees who get fired or who leave the companyvoluntarily. Then she has those people stay on the payroll in order to have fraudulent payroll checks or bank transfers made to these people, but the checks or the transfer (direct deposit) goes to those bank accounts that Connie created in those names at the banks where she set them up (and she has her name on those account also - so she has access to the money). Unfortunately for the company this goes on for 5 years before the scheme is uncovered and Connie is caught.
Describe:
What type of fraud is this known as?
What do we call the employees that Connie was paying to accounts she controlled?
The fact that this took 5 years to catch indicates what?
Speculate as to what the company failed to do, in general.
Answer:
Explanation:
A This scenario describes a payroll fraud ; This is a form of fraud where an employee or an employer manipulates the payroll system in order to fraudulently receive an un earned wages.
B The employees that Connie was paying to their account that she controls are called Ghost employees. These are fictitious person put on a payroll for fraud purposes.
C The fact that it took the company 5 years to discover the fraudulent practice indicates a weak internal control environment
D
Some of the actions that the company failed to do are No proper authorization in place before employees are added to payrollNo segregation of duties as Connies appears to have been the person that add employees to payroll , approve and also disburse salaryThere has been no headcount of employees for a long timeThe entire payroll system has not been audited and reviewed for a long timeWhat does ceteris paribus mean?
ОА.
other things remain unequal
OB. other things remain constant
Oc. other things remain irregular
OD. other things remain unbalanced
Ceteris paribus mean : B. other things remain constant.
What is Ceteris paribus ?Ceteris paribus was a latin word that tend to means other things remain constant or the same.
Example of Ceteris paribus is when a marketer might say "ceteris paribus, we expect sales to increase by 20% if we lower the price of our product" to show that they are assuming that all other factors affecting sales such as advertising, competition, and consumer sentiment will remain the same
Therefore the correct option is B.
Learn more about Ceteris paribus here:https://brainly.com/question/868746
#SPJ1
How do you know your Business is ready to partner with a Distributor?
Question 1 options:
You have the Sakes Staff to support it.
All of these Answers are right.
You have a strong Trucking and Delivery infastructure.
You have adequate Inventory Housing.
Answer:
All of these answers are right, but there are some additional factors that should also be considered when determining if your business is ready to partner with a distributor. Some of these factors include:
Product demand: Distributors are typically interested in partnering with businesses that have a proven track record of strong product demand. If your product is not yet well-established in the market, it may be more difficult to convince a distributor to partner with your business.Marketing and branding: If your business has a strong brand and marketing strategy, this can make it more attractive to potential distributors. Distributors want to partner with businesses that have a clear and compelling value proposition and a strong brand image.Financial stability: Distributors want to partner with businesses that are financially stable and have a strong track record of profitability. This can give them confidence that the partnership will be a mutually beneficial one.Scalability: Distributors want to partner with businesses that have the potential for growth and scalability. If your business has demonstrated that it can scale up production and increase sales, this can make it more attractive to potential distributors.Competitive advantage: Finally, distributors want to partner with businesses that have a competitive advantage in the market. This could be a unique product offering, a proprietary technology, or a strong distribution network. If your business has a strong competitive advantage, this can make it more attractive to potential distributors.Use the information in the adjusted trial balance presented below to calculate current assets for Taron Company, Inc.:
Account Title Debit Credit
Cash 23,000
Accounts receivable 16,000
Prepaid insurance 6,600
Equipment 100,000
Accumulated Depreciation-Equipment 50,000
Land 95,000
Accounts Payable 17,000
Interest Payable 2,400
Unearned revenue 5,000
Long-term notes payable 30,000
Common stock 1,000
Retained earnings 135,200
Totals 240,600 240,600
a) $24,400
b) $45,600
c) $41,200
d) $95,600
e) $21,200"
Answer:
b) $45,600
Explanation:
Current assets = Cash account + Accounts receivable account + Prepaid insurance
Current assets = $23,000 + $16,000 + 6,600
Current assets = $45,600
Think of a scene from a popular movie that shows an involuntary exchange (where a buyer or seller is forced to participate). Identify the movie and explain how the scene would be different if it were a voluntary exchange.
A scene from a popular movie that shows an involuntary exchange (where a buyer or seller is forced to participate) could be in Star Wars, where it fictionally demonstrates the conquest of different planets and galaxies by force, through theft, destruction and violence.
If the exchange were voluntary, the negotiation would take place in a way that is beneficial to both the buyer and the seller, where each would be involved in a legal and ethical agreement to carry out a transaction.
What is the benefit of voluntary exchange for the economy?It assists in the positive development of the market, as voluntary exchange ensures that buyers and sellers benefit from an exchange process, which is an essential principle for the global free trade system.
Therefore, voluntary exchange must be promoted in the world economy, where nations exchange resources in ways that benefit local economic development.
Find out more about voluntary exchange here:
https://brainly.com/question/26349405
#SPJ1
This year Andrews achieved an ROE of 12.9%. Suppose management takes measures that decrease Asset turnover (Sales/Total Assets) next year. Assuming Sales, Profits, and financial leverage remain the same, what effect would you expect this action to have on Andrews's ROE?
Andrew's Return on Equity (ROE) will reduce if the management takes measures to the decrease Asset turnover in the next year.
What is ROE?Return on equity (ROE) is a financial performance metric that is calculated by dividing net income by shareholders' equity. Because shareholders' equity equals a company's assets minus its debt, ROE is also known as return on net assets.
Using the Dupont formula, ROE can be determined using :
ROE = Net profit margin x Asset turnover x Financial leverage
ROE = (Net income / Net Sales) x (Net Sales/Total Assets) x (Total asset / Common equity)
If net profit margin and financial leverage remain the same and asset turnover is reduced, ROE would reduce.
Therefore, the ROE of Andreas will reduce the next year if the management decreases the Asset turnover ratio, Sales, Profits, and financial leverage remaining unchanged.
To know more about ROE, click here:
https://brainly.com/question/16955654
#SPJ1
Suppose that the change in a product's price is 10%, and this causes an 8% change in quantity demanded. The product's demand elasticity is
The concept of demand elasticity is crucial for understanding the relationship between changes in price and changes in quantity demanded of a product.
In this scenario, we are given that the change in the price of a product is 10%, and this leads to an 8% change in the quantity demanded. We can use this information to calculate the product's demand elasticity.
Demand elasticity is the measure of the responsiveness of the quantity demanded of a product to changes in its price. It is calculated as the percentage change in quantity demanded divided by the percentage change in price. Therefore, in this scenario, the demand elasticity can be calculated as:
Demand elasticity = (% change in quantity demanded) / (% change in price)
Demand elasticity = (8% / 10%)
Demand elasticity = 0.8
The demand elasticity in this scenario is 0.8, which means that the product's demand is relatively inelastic. Inelastic demand means that changes in price have a relatively small impact on the quantity demanded of the product. This is because the percentage change in quantity demanded is less than the percentage change in price.
Overall, understanding the concept of demand elasticity is essential for businesses to make informed decisions about pricing strategies. In this scenario, the product's relatively inelastic demand suggests that changes in price may not have a significant impact on the quantity demanded, and businesses may need to consider other factors when deciding on pricing strategies.
Know more about Demand elasticity here:
https://brainly.com/question/1048608
#SPJ8
Enviro Company issues 8%, 10-year bonds with a par value of $300,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 10%, which implies a selling price of 87 1/2. The straight-line method is used to allocate interest expense. 1. Using the implied selling price of 87 ½, what are the issuer's cash proceeds from issuance of these bonds? 2. What total amount of bond interest expense will be recognized over the life of these bonds? 3. What is the amount of bond interest expense recorded on the first interest payment date?
Answer:
1. Issuer's cash is $262,500
2. Total amount of bond interest is $277,500
3. The amount of bond interest expense is $13,875.
Explanation:
1. Issuer's cash = Face Value × Selling Price
Issuer's cash = $300,000 × 87.50%
Issuer's cash = $262,500
2. Discount on bond = $300,000 × 12.5% = $37,500
Interest on bond = $300,000 × 8% = $24,000
Period of bonds= 10 years
Total amount of bond interest = Discount on Bond + (Interest on Bond × period)
Total amount of bond interest = $37,500 + ($24,000 × 10)
Total amount of bond interest = $277,500
3. Discount on bond = $300,000 × 12.5% = $37,500
Interest on bond = $300,000 × 8% = $24,000
Period = 0.5 years
The amount of bond interest expense = (Discount of Bond ÷ 20) + Interest
The amount of bond interest expense = ($37,500 ÷ 20) + ($24,000 × 0.5)
The amount of bond interest expense = $1,875 + $12,000
The amount of bond interest expense = $13,875.
Schoene Company reports its inventory at replacement cost. This is an application of the measurement attribute of: ________
Answer:
Current cost
Explanation:
What is the role of a consumer in the economy nation
Please help with below question
A bond has $10,000 face value and 10 years to maturity. The bond promises to pay a coupon of $1,000. The bond interest is paid annually. The interest rate for similar bonds is 12%.
Required: Determine the following:
A. What is the bond’s terminal value
B. Determine the coupon rate
C. What is the maturity period
D. What is the yield to maturity
E. Determine the value of the bond
A. Terminal value: $10,000.
B. Coupon rate: 10%.
C. Maturity period: 10 years.
D. Yield to maturity: Approximately 12%.
E. Bond value: The sum of the present value of coupon payments and the present value of the face value at maturity.
A. The bond's terminal value is equal to its face value, which is $10,000. This represents the amount that the bondholder will receive at maturity.
B. To determine the coupon rate, we divide the annual coupon payment by the face value of the bond and multiply by 100%. In this case, the annual coupon payment is $1,000 and the face value is $10,000.
Coupon Rate = ($1,000 / $10,000) * 100% = 10%
C. The maturity period of the bond is given as 10 years. This means that the bond will reach its full term and the bondholder will receive the face value of $10,000 at the end of the 10-year period.
D. The yield to maturity (YTM) is the total return anticipated on a bond if it is held until it matures. It is the internal rate of return (IRR) of the bond's cash flows. Calculating the YTM requires finding the discount rate that equates the present value of the bond's cash flows to its current market price. In this case, the bond's coupon payments are $1,000 per year for 10 years, and the terminal value is $10,000.
Using a financial calculator or spreadsheet software, we can find that the yield to maturity is approximately 12%.
E. To determine the value of the bond, we need to calculate the present value of the bond's future cash flows. The cash flows consist of the annual coupon payments of $1,000 and the terminal value of $10,000. We discount these cash flows back to the present using the yield to maturity as the discount rate.
Using a financial calculator or spreadsheet software, we can calculate the present value of the cash flows. The value of the bond is the sum of the present values of the coupon payments and the present value of the terminal value.
Assuming a 12% yield to maturity, we find that the value of the bond is approximately $10,000, which is equal to its face value. This indicates that the bond is trading at par value, as the market price matches its face value.
It's important to note that bond valuation can be more complex when considering factors such as market conditions, risk, and different compounding periods for coupon payments. The provided calculation assumes an annual coupon payment and a simple discounting method using the yield to maturity as the discount rate.
For more such questiosn on coupon payments visit:
https://brainly.com/question/30367472
#SPJ8
In March, Kelly Company had the following unit production costs: materials $12 and conversion costs $8. On March 1, it had no work in process. During March, Kelly transferred out 27,500 units. As of March 31, 4,900 units that were 32% complete as to conversion costs and 100% complete as to materials were in ending work in process. Compute the total units to be accounted for. Total units Type your answer here
Answer:
32,400 units
Explanation:
Compute the total units to be accounted for
Total units to be accounted for = Units transferred out + Ending Inventory
Total units to be accounted for = 27,500 units + 4,900 units
Total units to be accounted for = 32,400 units
Thus, total units to be accounted for are 32,400 units
The brand changes form part of a strategic plan the group conceived in September last year called Ekuseni (the Zulu word for “dawn”)”
“Pick n Pay and its new CEO are taking the fight to competitors in a strategy..”
“Pick n Pay yesterday launched a new strategic plan…”
Evaluate the proposed strategy that Pick n Pay is planning to implement, including in your evaluation, the potential risks attached to the proposed new strategy
Pick n Pay's proposed strategy, known as Ekuseni, aims to implement changes in their brand and take the fight to competitors. The strategy, conceived in September last year, focuses on strategic planning and was launched recently. While the strategy holds potential for success, there are risks associated with its implementation.
1. Pick n Pay's proposed strategy, called Ekuseni, includes changes to their brand and a competitive approach to rivals. This strategic plan was conceived in September last year, with the term Ekuseni referring to "dawn" in Zulu.
2. The strategy aims to revamp the brand image and position Pick n Pay as a strong competitor in the market. By taking the fight to competitors, the company intends to gain a competitive edge and attract more customers.
3. The launch of the new strategic plan indicates that Pick n Pay is committed to implementing this strategy and achieving its goals. It demonstrates the company's intention to adapt and stay relevant in the evolving market.
4. However, like any strategic plan, there are potential risks associated with its implementation. These risks include customer resistance to changes in the brand, increased competition from rivals, and potential financial strains due to the cost of rebranding and marketing efforts.
5. Customer resistance is a common risk when brands undergo significant changes. If the proposed strategy doesn't resonate with Pick n Pay's target market, it could lead to a decline in customer loyalty and affect sales.
6. Additionally, taking the fight to competitors may trigger retaliatory actions from rival companies. This could result in intensified competition, price wars, and potential market share loss for Pick n Pay.
7. Finally, implementing a new strategic plan involves financial investments. The cost of rebranding, marketing campaigns, and operational changes may strain the company's resources, potentially impacting its financial stability.
In conclusion, while Pick n Pay's proposed strategy holds promise for the company's growth and competitiveness, there are risks involved. Proper planning, market research, and effective execution will be crucial to mitigating these risks and ensuring the success of the strategy.
For more such questions on strategy, click on:
https://brainly.com/question/28561700
#SPJ8
Calcula el interés simple de un capital de $24,000 invertido durante 5 años al 8% anual
Answer:
End Balance: $33,600.00
Total Interest: $9,600.00
Explanation:
Calculation steps:
Total Interest = $24000 × 8% × 5
= $9,600.00
End Balance = $24000 + $9,600.00
= $33,600.00
LEONE COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Finished goods inventory, beginning Cost of goods manufactured Goods available for sale Less: Finished goods inventory, ending Cost of goods sold Gross profit General and administrative expenses Selling expenses Net income $ 84,000 84,000 92.000 $ 3,251,000 $ (8,000) 3,259,000 127.000 603,000 2,529,000
How do you find the cost of goods manufactured?
The cost of goods manufactured (COGM) is the cost of all the products that a company has manufactured during a period.
How to calculateIt is calculated by adding the beginning finished goods inventory to the total manufacturing costs, and then subtracting the ending finished goods inventory.
In the income statement you provided, the cost of goods manufactured is calculated as follows:
COGM = $92,000 + $3,251,000 - $127,000 = $3,224,000
Therefore, the cost of goods manufactured for Leone Company is $3,224,000.
Here is the formula for calculating COGM:
COGM = Beginning finished goods inventory + Total manufacturing costs - Ending finished goods inventory
The total manufacturing costs include direct materials, direct labor, and manufacturing overhead.
Read more about income statement here:
https://brainly.com/question/28936505
#SPJ1
Whitmer Inc. sells to customers all over the U.S., and all receipts come in to its headquarters in New York City. The firm's average accounts receivable balance is $2.5 million, and they are financed by a bank loan at an 11% annual interest rate. The firm is considering setting up a regional lockbox system to speed up collections, and it believes this would reduce receivables by 20%. If the annual cost of the system is $15,000, what pre-tax net annual savings would be realized
Answer:
$40,000
Explanation:
Average accounts receivables = $2,500,000. Loan amount is also $2,500,000.
Interest rate is 11%. So, interest paid = $2,500,000*0.11 = $275,000
If the system reduces receivables by 20%,then current receivables = $2,500,000*0.8 = $2,000,000. So, loan amount = $2,000,000
Interest payable = $2,000,000*0.11 = $220,000
Cost of system = $15,000
Net annual savings = Interest payable without system - Interest payable after system installed - Cost of system
Net annual savings = $275,000 - $220,000 - $15,000
Net annual savings = $40,000
In recent years, hours of market work have declined and leisure time increased. This trend
a. causes GDP to rise.
b. causes GDP to fall.
c. does not improve the well-being of people because they do not value leisure.
d. is not accounted for in GDP.
Explanation:
option B.........i guess
Search the Internet and locate a job that you would consider applying for.
Construct a Cover Letter for this actual job.
Upload your professional cover letter
A Cover Letter for this actual job.
[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Today's Date]
[Recipient's Name]
[Company Name]
[Company Address]
[City, State, ZIP Code]
Dear [Recipient's Name],
I am writing to express my keen interest in the [Job Title] position at [Company Name], as advertised on [Job Board/Company Website]. With my strong background in [Relevant Skills/Experience], I am confident in my ability to contribute to the success of your organization.
Having [X years] of experience in [Industry/Field], I have honed my skills in [Key Skills/Expertise], which I believe align perfectly with the requirements of the [Job Title] role. I am particularly drawn to [Company Name]'s commitment to [Specific Company Values/Initiatives] and its reputation for excellence in [Industry/Field].
Throughout my career, I have demonstrated a strong track record in [Relevant Achievements/Projects], showcasing my ability to [Specific Skills/Results]. I am highly skilled in [Technical Skills/Software], and I possess excellent [Soft Skills/Abilities], allowing me to collaborate effectively with cross-functional teams and deliver outstanding results.
I am excited about the opportunity to contribute to [Company Name]'s ongoing success and would welcome the chance to discuss further how my skills and experience align with your organization's goals. Enclosed is my resume for your review.
Thank you for considering my application. I look forward to the possibility of meeting with you to discuss how my qualifications make me a strong fit for the [Job Title] position at [Company Name].
Sincerely,
[Your Name]
For more such questions on Cover Letter visit:
https://brainly.com/question/3602860
#SPJ8
Rue operates a food truck on Florida beaches, where she sells paninis and drinks, which she can sell for $3.00 and $1.50, respectively. Rue uses all of the money she makes to purchase theme park tickets, which cost $36.00, and her only other income comes from dividend payments of $12.00 from her investment portfolio.Q1. Let x1 represent paninis, x2 represent drinks, ???? represent tickets, and ???? represent dividend income. Complete Rue's budget equation:? x1 + ? x2 + ? = ?tQ2. Two of Rue's friends are coming to town, and Rue wants to take them to a theme park. If she buys three tickets, use the graph below to illustrate the possible combinations of paninis and drinks that will allow her to afford three tickets.First, draw a graph the line that shows the combinations that will result in just enough money, then shade the area the set of all combinations that will make enough money for Rue to buy at least three tickets.
Answer and Explanation:
Panini = $3.00
Drinks = $1.5
X1 = panini
X2 = drinks
? = Tickets
Dividends income = $12.00
For Q1 her budget equation
= X1 +?X2 +? = ?tQ2
3(x1) = 3X1
1.5(x2) = 1.5X2
d = 12
3X1 + 1.5X2 + 12 = 36t is the budget equation
For Q2 Her budget equation is
3X1 + 1.5X2 + 12 = 36t
t = 3
3X1 + 1.5X2 + 12 = 36(3)
3X1 + 1.5X2 + 12 = 108
3X1 + 1.5X2 = 108 - 12
3X1 + 1.5X2 = 96 is the budget equation
1.1.1 Name any one leakage in an economy. NAME ONE SECTOR INVOLVED MULTIPHER 1.1.2 What does the 45° line in the graph represent? 1.1.3 Briefly discuss the term autonomous consumption. 1.1.4 Explain the negative impact of a decrease in consumer spending on the size of the (2) multiplier. (1) IN DERIVING THE MACRO-ECONOMIC 1.2 Why is it important for a country to calculate its national income? [18] (1) 1.1.5 Calculate the multiplier when individual spending on consumption is 60%. Show all calculations. (4) (8)
1.1.1 One leakage in an economy is saving. The saving sector is involved in the leakage as individuals and businesses save a portion of their income rather than spending it on consumption or investment. Saving represents the portion of income that is not immediately injected back into the economy and can lead to a decrease in aggregate demand.
1.1.2 The 45° line in the graph represents the equilibrium level of output or income in an economy. It shows the points where aggregate spending (aggregate demand) is equal to aggregate production (aggregate supply). The line represents the condition where spending equals production, indicating a state of macroeconomic equilibrium.
1.1.3 Autonomous consumption refers to the level of consumption expenditure that occurs even when income is zero or negative. It represents the minimum level of consumption that individuals and households maintain regardless of their income. Autonomous consumption is usually influenced by factors such as basic needs, fixed expenses, or borrowing. It plays a crucial role in determining the level of aggregate demand in an economy.
1.1.4 A decrease in consumer spending has a negative impact on the size of the multiplier. The multiplier refers to the amplification effect that occurs when an initial change in spending or investment leads to a larger overall change in the economy. When consumer spending decreases, it leads to a decrease in aggregate demand, which in turn reduces the level of output and income. As a result, the multiplier effect is dampened, and the overall impact on the economy becomes smaller.
1.2 Calculating national income is important for a country for several reasons:
- It provides policymakers and economists with crucial information about the overall health and performance of the economy.
- National income data helps in formulating economic policies and making informed decisions related to fiscal and monetary policies.
- It allows for the comparison of economic performance across different countries and over time, providing insights into economic growth and development.
- National income calculations help in identifying income distribution patterns and inequalities within a country.
- It serves as a basis for calculating various economic indicators, such as GDP per capita, which are used to assess the standard of living and well-being of the population.
1.1.5 To calculate the multiplier when individual spending on consumption is 60%, we can use the formula:
Multiplier = 1 / (1 - Marginal Propensity to Consume)
Given that the individual spending on consumption is 60% or 0.6, the Marginal Propensity to Consume (MPC) would be 0.6. Substituting this value into the formula:
Multiplier = 1 / (1 - 0.6)
Multiplier = 1 / 0.4
Multiplier = 2.5
Therefore, the multiplier in this case would be 2.5.
What was the two important information in the financial position that is useful to financial users?
Answer:
1)balance sheet
2)income statement
Explanation:
Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each month, as if it uses a periodic inventory system. Assume Oahu Kiki’s records show the following for the month of January. Sales totaled 240 units.
Date Units Unit Cost Total Cost
Beginning Inventory January 1 120 $ 80 $ 9,600
Purchase January 15 380 90 34,200
Purchase January 24 200 110 22,000
Required:
Calculate the number and cost of goods available for sale.
Calculate the number of units in ending inventory.
Calculate the cost of ending inventory and cost of goods sold using the (a) FIFO, (b) LIFO, and (c) weighted average cost methods.
A) The number and cost of goods available for sale are 700 units and $65,800, respectively.
B) The number of units in the ending inventory is 460 units.
C) The cost of ending inventory and cost of goods sold using the following cost methods are:
Ending Inventory Cost of Goods Sold
a) FIFO $45,400 $20,400
b) LIFO $40,200 $25,600
c) weighted average $43,240 $22,560
What is the difference between these inventory costing methods?The FIFO assumes that goods sold first are the first to be in, that is, First-in, First-out.
The LIFO method assumes the opposite of FIFO, that is Last-in, First-out.
The weighted average uses the average cost to determine the cost of goods sold and the cost of ending inventory.
Date Description Units Unit Cost Total Cost
January 1 Beginning Inventory 120 $ 80 $ 9,600
January 15 Purchase 380 90 34,200
January 24 Purchase 200 110 22,000
Total inventory 700 $65,800
Sales of units 240
Ending inventory 460
Average cost per unit = $94 ($65,800/700)
FIFO:Ending inventory = $45,400 (260 x $90 + 200 x $110)
Cost of goods sold = $20,400 ($65,800 - $45,400)
LIFO:Ending inventory = $40,200 (120 x $80 + 340 x $90)
Cost of goods sold = $25,600 ($65,800 - $40,200)
Weighted average:Ending inventory = $43,240 ($94 x 460)
Cost of goods sold = $22,560 ($94 x 240)
Learn more about inventory costing methods at https://brainly.com/question/27788988
#SPJ1
Robyn was a lawyer for the Department of State who has been disbarred for ethical lapses including dishonesty and interfering with investigations.
After losing his license to practice law, he was fired from the State Department. What MOST likely must Robyn do now?
A. Appeal his case to the American Bar Association.
B. Find a new career outside the legal profession.
C. Wait a year and reapply for his license.
D. Take his case to an appeals court.
The most likely thing for Robyn to do is B. Find a new career outside the legal profession.
Why does Robyn need to leave the legal profession ?Since he has lost his license to practice law, he would not be able to continue working as a lawyer or in any other legal capacity. In addition, his firing from the State Department would likely make it difficult for him to find employment in a related government agency.
Therefore, the most realistic option for Robyn would be to seek employment in a different field or industry. Appealing his case to the American Bar Association or taking his case to an appeals court would likely not be fruitful options, as his disbarment and firing from the State Department suggest that his ethical lapses were significant and serious.
Find out more on license at https://brainly.com/question/17197957
#SPJ1
True or False: You should try to limit your overall debt to 50% of your gross monthly income.
Answer:
False
It should ve less than or equal to 36% anything above 43% is considered to much debt.
Which of the following is true of a good benefits plan?
a. It is generally inexpensive to buy and administer.
b. It will stimulate higher performance levels.
c. It will encourage people to join an organization.
d. It will include redundancies in coverage.
e. It allows for smaller pay increases.
Answer:
C
Explanation:
The following is true of a good benefits plan it will encourage people to join an organization. The correct option is c.
What are the benefits of motivated employees?There are several benefits to having a motivated workforce, including lower absenteeism rates, employee retention rates, low staff turnover rates, improved management-worker relationships, higher worker performance, improved quality, and enhanced customer service.
A good benefits plan is an essential part of an organization's compensation strategy. It can be used to attract and retain talented employees and can be a competitive advantage in the job market. A well-designed benefits plan can also help to improve employee morale, motivation, and job satisfaction. While it may require a significant investment, a good benefits plan can provide a good return on investment for the organization.
Thus, the ideal selection is option c.
Learn more about motivated employees here:
https://brainly.com/question/30290742
#SPJ2
What are some of the tax planning strategies which may be employed to reduce the tax on the decedent's gross estate?
Some of the tax planning strategies which may be employed to reduce the tax on the decedent's gross estate are Marital Transfers, Gifting to Minors, Irrevocable Life Insurance Trust and Private Annuity.
Tax compliance refers to policy actions and individual behavior aimed at ensuring that taxpayer pays the right amount of tax at the right time and securing the correct tax entitlements and tax reliefs.
A tax is a mandatory financial charge or other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures. Around 3000–2800 BC, the first recorded taxes was enacted in ancient Egypt. A violation of the law includes failing to pay on time and evading or resisting taxation.
To know more about Tax here-
https://brainly.com/question/23347326
#SPJ4
rong 200 từ hoặc ít hơn, hãy giải thích một trường hợp sử dụng phân tích lợi ích – chi phí để ra quyết định mà bạn quan sát được trong cuộc sống
say wHaT?! I don't know what that meanss