Answer: $32500
Explanation: i did 30% of 25000 and it is 7500 so i add 25000 to it and got $32,500.
Phương pháp công ty Samsung xác định giá, phân tích ưu/ nhược điểm:
help me
On December 31, 2017, Ivanhoe Company had $1,313,000 of short-term debt in the form of notes payable due February 2, 2018. On January 21, 2018, the company issued 23,200 shares of its common stock for $45 per share, receiving $1,044,000 proceeds after brokerage fees and other costs of issuance. On February 2, 2018, the proceeds from the stock sale, supplemented by an additional $269,000 cash, are used to liquidate the $1,313,000 debt. The December 31, 2017, balance sheet is issued on February 23, 2018. Show how the $1,211,000 of short-term debt should be presented on the December 31, 2017, balance sheet.
Answer:
They should be reported in 2 different parts, first under current liabilities as:
Notes payable $269,000Then under long term liabilities:
Notes payable expected to be refinanced $1,044,000Explanation:
the total short term notes payable on December 31 = $1,313,000
$1,044,000 were paid off by issuing common stocks, so that portion of the debt must be reported as notes payable expected to be refinanced (or refinanced debt)the remaining $269,000 which were paid using cash reserves must be reported as current notes payableQ1: What are the strategically relevant components of the pizza
restaurant segment of the U.S. quick service restaurant industry
macro-environment?
The strategically relevant components of the pizza restaurant segment of the U.S. quick service restaurant industry macro-environment are as follows:
Technological advancements: In recent years, the pizza industry has seen technological advancements, including the ability to place online orders, which can result in increased customer convenience. Many pizza restaurants have mobile apps that customers can use to order food, making it easier to use their services. Online advertising has also been used by pizza restaurants to reach new customers.
Environmental factors: Pizza restaurants need to consider the effect of weather changes on sales. Extreme weather events can affect sales as people tend to avoid ordering food when they cannot go out of their homes. Pizza restaurant owners need to evaluate how they will deal with such instances.
Demographic factors: Demographics play a crucial role in the success of pizza restaurants. The pizza restaurant industry targets a broad range of customers and has a significant customer base among younger customers. In recent years, there has been an increase in health-conscious customers, leading to changes in the pizza industry, including the addition of new healthy menu items.
Socio-Cultural factors: The pizza industry has experienced increased competition from new entrants such as gourmet pizza restaurants. The preference of customers for the type of pizza and the eating experience has also changed. People prefer pizzas that are customized to their taste buds, including the type of crust and toppings.
Political/Legal factors: Pizza restaurants need to comply with government regulations such as health and safety standards, as well as taxes. The pizza industry is also affected by regulations on labor practices and food labeling requirements.
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8. Why is language so critical in understanding international culture? How can this problem be dealt with effectively?
Answer:
By learning a foreign language, you can understand ideas and thoughts that may be different from your own culture. You can learn customs and how people interact in a given society. Language helps preserve cultures, but it also allows us to learn about others and spread ideas quickly. Language Is Important To Business
Language Is Important To Culture And Society Language helps us express our feelings and thoughts — this is unique to our species because it is a way to express unique ideas and customs within different cultures and societies. By learning a foreign language, you can understand ideas and thoughts that may be different from your own culture.
It is also an inseparable part of our culture. Why is language important to culture? While there is still some debate whether the particular language influences people’s thought process or it is indeed people’s culture that influences the language, there is no doubt that language and culture are closely connected.
Language changes often represent a culture’s changing values. Language and culture are inextricably related. And you can’t learn one without first knowing the other. Language is related to all features of human life in society. And comprehension of the surrounding culture is key to learning a language.
Explanation:
You can comprehend concepts and thoughts that may differ from those in your own society by studying a foreign language. You can discover the traditions and social dynamics of a certain society. Language not only enables us to learn about others and share ideas swiftly, but it also aids in the preservation of civilizations. The importance of language in business
What is language?Language is a set of common spoken, manual (signed), or written symbols that people use to communicate as members of a social group and members of that group's culture. When people in a particular country or region talk or write, they use a particular set of sounds and written symbols, which together make up their language.
The Value of Language in Culture and Society Our ability to express ourselves through language is unique to our species because it allows us to communicate the distinctive concepts and practices that exist across various civilizations and societies. You can comprehend concepts and thoughts that may differ from those in your own society by studying a foreign language.
Therefore, In addition to helping us share ideas and learn about others, language also
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Gemma's seller client, Hugo, is selling his house in Benton. As Hugo's seller agent,
Gemma has several tasks to perform for him. One of these tasks is to what
Gemma's task as Hugo's seller agent is to conduct a comparative market analysis (CMA) to determine the appropriate listing price for the house in Benton.
The purpose of a CMA is to determine the appropriate listing price for the property by comparing it to similar properties in the local market.
Gemma will gather information on recently sold properties in Benton that are similar in size, condition, location, and features to Hugo's house. This information includes the selling prices of these properties, as well as the time they spent on the market before being sold.
By analyzing the data from the comparable properties, Gemma will be able to assess the current market value of Hugo's house. This will help her and Hugo determine a competitive and realistic listing price that attracts potential buyers while maximizing the property's value.
Gemma's CMA will involve carefully selecting and evaluating the most relevant comparable properties and making adjustments to account for any differences between them and Hugo's house. These adjustments may consider factors such as square footage, upgrades, amenities, and location.
By performing a thorough and accurate CMA, Gemma will provide Hugo with valuable insights into the local real estate market and enable him to make informed decisions regarding the listing price and marketing strategy for his house in Benton.
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Why is Organizational Culture critical to an organization's success?
Answer:
The culture at your organization sets expectations for how people behave and work together, and how well they function as a team.
Explanation:
You're welcome.
What is the main reason why a boycott might not be successful?
A. Many consumers won't stay away from a company that offers the
lowest prices.
B. The news media often refuses to cover boycotts for fear of driving
away advertisers.
C. Companies will only change their ways if their sales and profits
are affected
D. The company is able to spend more money lobbying the
government
Answer:
A
Explanation:
cause i searched it and i believe it ryt hope it helpful enough
Answer:
The correct answer is A) Many consumers won't stay away from a company that offers the lowest prices.
Explanation:
Verified by correct test results.
This was not a necessarily an economically efficient move. The fact that it is scrap wood implies that it is not useful for the company's purposes, i.e., making furniture. It is presumptuous to associate a value of $150,000 or $29,000 to the scrap since there is no market for it and thus no market value can be assigned. There is no rational way to calculate the optimal amount of scrap wood. The manager did not go far enough. The most economically efficient outcome would be to reduce scrap altogether. Even at the reduced amount, the company is literally throwing away $29,000 per year when it could recoup that amount with greater diligence.
The manager's decision to reduce scrap wood is not economically efficient, and a more optimal outcome would be to aim for its complete elimination.
The manager's decision to reduce scrap wood, as mentioned in the provided excerpt, is deemed not economically efficient. While it is commendable, the most economically efficient outcome would involve completely minimizing scrap production. The fact that the wood is considered scrap implies its lack of usefulness for furniture manufacturing, making it inappropriate to assign a value of $150,000 or $29,000 to it since there is no existing market or ascertainable market value. Additionally, determining the optimal amount of scrap wood to maintain lacks a rational basis. Despite the manager's efforts, the company still wastes $29,000 annually, which could be salvaged through greater diligence. Thus, the recommended course of action is to aim for a total reduction in scrap production to achieve the utmost economic efficiency.In conclusion, while the manager's effort to reduce scrap wood is commendable, the most economically efficient outcome would be to strive for the complete elimination of scrap, minimizing waste and maximizing cost savings for the company.
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in this activity, you will use online resources to find a person that gained unintentional social media exposure.
Have you ever regretted what you shared on any social networking site? Have you been concerned about sharing your information online?
Use online resources to find a person that gained unintentional social media exposure. Provide the name of the person.
Describe how the person became popular online unexpectedly.
Explain how this could have been prevented?
Answer:
The person who gained unintentional social media exposure is Christian Clay, a college freshman from Florida. He gained online fame when his mother, who was disappointed with his academic performance, tweeted about him in an attempt to shame him. The tweet went viral and Clay was soon being recognized by people online who wanted to show their support for him.
Clay became popular online unexpectedly because his mother's tweet was picked up by multiple social media users and circulated around the internet in a matter of hours. This could have been prevented if Clay's mother had not tweeted about her son in the first place. Additionally, Clay could have avoided this situation by being more mindful of his online presence and being more aware of the potential consequences of having his personal information available to the public.
Explanation:
Classify each of the following as a(n) Operating Activity, Investing Activity, or Financing Activity. 1. Issuance of bonds. select a type of activity 2. Sale of equipment. select a type of activity 3. Amortization expense. select a type of activity 4. Purchase of treasury stock. select a type of activity 5. Receipt of dividends on investment. select a type of activity 6. Purchase of land. select a type of activity
Answer:
1. Issuance of bonds
Cash-flow classification: Financing activity
2. Sale of equipment
Cash-flow classification: Investing activity
3. Amortization expense
Cash-flow classification: Operating activity
4. Purchase of treasury stock
Cash-flow classification: Financing activity
5. Receipt of dividends on investment
Cash-flow classification: Operating activity
6. Purchase of land
Cash-flow classification: Investing activity
Type the correct answer in the box. Spell all words correctly.
Information systems can provide summary data, but the functionality of accounting technology is able to improve upon that in what way?
the _____ capabilities of accounting technology enable the identification of trends and patterns in large volumes of data.
The data mining capabilities of accounting technology enable the identification of trends and patterns in large volumes of data.
The often challenging process of analysing large amounts of data to find information that might assist businesses in making wise decisions about their operations, such as hidden patterns, correlations, market trends, and customer preferences, is known as big data analytics.
Organisations can analyse data sets and gain new insights using data analytics technology and processes. Basic inquiries regarding business performance and operations are addressed by business intelligence (BI) queries.
Advanced analytics, which includes aspects like predictive models, statistical algorithms, and what-if analysis powered by analytics systems, is a subset of big data analytics.
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if the most likely reason customers will purchase a company's product is its many useful attributes, what advertising focus would likely be more effecitve
Answer:
If the most likely reason customers will purchase a company's product is its many useful attributes, an advertising focus that highlights the product's features and benefits would likely be more effective.
Explanation:
If the most likely reason customers will purchase a company's product is its many useful attributes, an advertising focus that highlights the product's features and benefits would likely be more effective. This approach involves emphasizing the specific attributes and benefits of the product, such as its quality, functionality, durability, convenience, and other useful characteristics. By highlighting these features, the advertising can appeal to the customer's desire for a product that meets their needs and provides practical benefits. Additionally, providing specific details and comparisons of the product's attributes with those of competitors can help to differentiate the product and increase its appeal to potential customers.
How did Alexander and successors spread Greek culture through the Hellenistic world? Give me a short answer
Answer:
Alexander and his successors spread Greek culture by founding several dozens of new cities based on Greek cultural background in conquered areas. They inhabited those cities with Greek soldiers, philosophers, merchants, and scholars, and they encourage them to marry women from different cultures.
Commercial banks are funded through which of the following?
IAS 16. Fixed Assets. We are a graphic arts company, and at the beginning of 2016, we acquired a new printer. The price of this printer was 25,000 euros. The additional expenses of the purchase were as follows:
Answer:
1.Initial Acquisition cost €24,882.15
2.Amortization fee €1,688.215
3.The costs derived from daily maintenance €30,000
Explanation:
1. Calculation for the initial cost of the acquisition for IAS 16. Fixed Assets.
Using this formula
Initial Acquisition cost = (Purchase price + Additional direct expenses relative to acquisition) - (Depreciation + Amortization + taxes + impairment costs)
Let plug in the formula
Initial Acquisition cost= (25,000+ 3.00+1.150) - (122)
Initial Acquisition cost =25,004.15-122
Initial Acquisition cost = 24,882.15 Euro
Therefore the Initial Acquisition cost will be €24,882.15
2.Calculation for the amortization fees.
Using this formula
Amortization fees = total interest amount/period in the debt's life
Let plug in the formula
Interest amount= 24,882.15-5000- (250*12)
Interest amount =19,882.15-3,000
Interest amount= 16,882.15
Hence, Amortization fee will be :
Interest amount/Period in the debt's life
Where,
Interest amount=16,882.15
Period in the debt's life=10 years
Amortization fee =16,882.15/10 years
Amortization fee= €1,688.215
Therefore the Amortization fee will be €1,688.215
3.Calculation for he costs derived from daily maintenance
The costs derived from daily maintenance will be ;
Using this formula
Costs derived from daily maintenance= Specialised weekly maintenance× 12 month ×Numbers of years
Let plug in the formula
Costs derived from daily maintenance= 250*12*10
Costs derived from daily maintenance=30,000
Therefore the costs derived from daily maintenance will be €30,000
Performance feedback is most effective when managers
Feedback is most effective when the employee is expecting it, employees are motivated and directed by regular feedback.
Feedback is an essential communication tool in business performance management. One of the most effective techniques is constructive feedback. Managers are responsible for correcting performance deficiencies as soon as they occur.
Hope that this helps :)
Kabete limited is a one of the seed companies operating in Kenya. The company develops, produces, and
distributes high quality seeds that guarantee high performance for the farmers located in dry lands and
highlands part of the country. Last month, the company had a major breakthrough in the development of
a resistant and high quality seed of sorghum suitable for growing conditions of Kerio Valley where Kenya
Development Authority (KVDA) has commissioned irrigation schemes on thousands of hectares of
arable land. In order to process and deliver the seed, Kabete limited has the option either hiring a
processing plant from Smart Seed limited or acquiring it in order to meet the demand of the already
identified market. The following information for the two options has been availed by the capital
budgeting team.
OPTION ONE: HIRING PROCESSING PLANT
(i) Smart Seed limited will charge $ 250 per hour for a maximum of ten hours a day
(ii) The charges per hour beyond ten hour processing time is $280
(iii)Smart Limited estimates that inflation will go up each year by five per cent. As a result, annual
charges will be adjusted upwards to accommodate for inflation.
(iv)Kabete limited estimates that it requires 2,000 hours of the hired plant at most for 80 days a year.
OPTION TWO: SET UP THE PLANT
(i) Acquisition cost is estimated to be $1.5 Million
(ii) Preliminary expenses is estimated to be $ 0.2 Million
(iii)Excess capacity is anticipated which the company plans to rent out for eight hours a day for $ 280
per hour, 250 days in a year
(iv)Installation Costs estimated to be $ 75,000
(v) Initial amount of required of working capital estimated at $ 40,000
(vi)Maintenance cost per year is estimated at $ 30,000
(vii) Energy Consumption cost per year is estimated at $ 50,0000
(viii) Incremental overheads cost per year is estimated at $ 140,000
(ix)Financing costs per year estimated at $ 20,000
(x) Useful Life of the machine = five years
(xi)Estimated salvage value at the end year five is $ 20,000
(xii) No Depreciation charge in Year five
(xiii) Corporate tax rate = 30 %
(xiv) Risk adjusted cost of capital is estimated at 12 %
(xv) Depreciation rate is given 25 % on a reducing balance basis
(xvi) The plant can be rented out
Questions:
(a) What is the intuitive explanation of the hurdle rate of 12 %
(b) Compute total savings in hiring charges if the company sets up the plant
(c) Compute rental revenue from renting out the processing plant
(d) Using Discounted cash flow techniques of NPV and BC-R , compute the figure of merit and decision
criterion
Page 2 of 6
(a) The hurdle rate of 12% is the minimum rate of return that an investment project must earn to be considered viable.
b) Total savings in hiring charges if the company sets up the plant is $38,385,000.
c) Rental revenue from renting out the processing plant is $2,800,000.
d) The figure of merit can be computed using the discounted cash flow techniques of NPV and BC-R.
a) It represents the opportunity cost of investing in the project, which is the return that could be earned by investing in an alternative project with similar risk. Therefore, any investment project must be evaluated against this hurdle rate to determine if it is worth pursuing.
(b) Total savings in hiring charges if the company sets up the plant can be calculated as follows:
Total hours required = 2,000 hours x 80 days = 160,000 hours
Maximum hours per day = 10 hours
Total days required = 160,000 hours / 10 hours per day = 16,000 days
Hiring cost for 16,000 days = $250 x 10 hours x 16,000 days = $40,000,000
Cost of setting up the plant = $1.5 million + $0.2 million + $75,000 + $40,000 = $1,615,000
Total savings in hiring charges = $40,000,000 - $1,615,000 = $38,385,000
(c) Rental revenue from renting out the processing plant can be calculated as follows:
Rental revenue per year = $280 x 8 hours x 250 days = $560,000
Total rental revenue for five years = $560,000 x 5 = $2,800,000
(d) The net present value (NPV) method calculates the present value of all expected cash inflows and outflows of a project, using a discount rate to adjust for the time value of money. The benefit-cost ratio (BC-R) method measures the ratio of the present value of expected cash inflows to the present value of expected cash outflows.
NPV can be calculated as follows:
Year 0:
Initial investment = -$1,615,000
Year 1-4:
Cash inflows = Rental revenue + Tax savings on depreciation
= $560,000 x (1 - 0.3) + ($1,615,000 x 0.25 x (1 - 0.3))
= $452,600
Cash outflows = Operating expenses + Financing costs
= $30,000 + $50,000 + $140,000 + $20,000
= $240,000
Discount factor at 12% = 1 / (1 + 0.12)^n, where n is the year
NPV = Sum of (Cash inflows - Cash outflows) x Discount factor
= -$1,615,000 + ($452,600 x 0.893) + ($452,600 x 0.797) + ($452,600 x 0.712) + ($452,600 x 0.636)
= $366,420
BC-R can be calculated as follows:
Present value of cash inflows = $452,600 x (1 / (1 + 0.12)^1) + $452,600 x (1 / (1 + 0.12)^2) + $452,600 x (1 / (1 + 0.12)^3) + $452,600 x (1 / (1 + 0.12)^4)
= $1,384,511
Present value of cash outflows = $1,615,000
BC-R = Present value of cash inflows / Present value of cash outflows
= $1,384,511 / $1,615,000
= 0.857
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Avery is writing a marketing plan for his toy company. Which of the following should be included in the plan to help him understand how other toy companies are marketing? Choose the answer. budget competition pricing brand image goals
The item that Avery should include in his marketing plan to help him understand the marketing of other toy companies is B. Competition planning.
What is a marketing plan ?An organization's advertising strategy for generating leads and reaching its target market is outlined in a marketing plan, which is a practical document. A marketing strategy outlines the outreach and PR initiatives that will be implemented over time, along with how the business will evaluate their success.
The target market, the brand's or product's value proposition, the campaigns to launch, and the metrics to be applied to judge the success of marketing initiatives are all identified in the plan.
Avery should therefore include the pricing of the competing toy companies so as to properly market his own company.
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If Avery is writing a marketing plan for his toy company. The statement that should be included in the plan to help him understand how other toy companies are marketing is: D. brand image.
What is brand image?Brand image can be defined as what companies use to market or advertise themselves to potentials customers. Brand image help to create product awareness and enables product to reach the target audience.
Based on the given scenario Avery should make use of brand image as this will him understand how other toy companies are marketing.
Therefore the correct option is D.
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in a 3 - 4 page essay, discuss warren Buffett's approach to business dealings, especially as they relate to business ethics.
Compare that approach to Benie Madoff's.
Apply ethical philosophies that you have learned about in this module and state which you think apply to Mr. Buffett.
Which ethical philosophies apply to Mr. Madoff? Why?
In this essay, we explore Warren Buffett's ethical approach to business, compare it to Bernie Madoff's, and analyze the applicable ethical philosophies for each.
Here are the steps to be followed:
1. Introduction:
2. Warren Buffett's Approach to Business Dealings and Business Ethics:
Explain Warren Buffett's overall approach to business dealings.Discuss his stance on business ethics, emphasizing any specific principles or values he adheres to.Provide examples or case studies that demonstrate Buffett's ethical decision-making in his business practices.Discuss the impact of his ethical approach on his reputation and long-term success.3. Bernie Madoff's Approach to Business Dealings and Comparison to Buffett:
Describe Bernie Madoff's approach to business dealings, specifically in relation to ethics.Highlight any unethical practices or actions committed by Madoff, such as his infamous Ponzi scheme.Compare and contrast Madoff's approach to Buffett's approach, pointing out the key differences in their ethical standards and behaviors.Discuss the consequences of Madoff's unethical actions, including the financial losses and damage to investors.4. Application of Ethical Philosophies to Warren Buffett:
Introduce the ethical philosophies that you have learned in the module.Identify which ethical philosophies apply to Warren Buffett based on his approach to business dealings.Explain why you believe these philosophies are applicable and provide supporting evidence or examples from Buffett's actions or statements.Discuss the implications and benefits of Buffett aligning with these ethical philosophies.5. Ethical Philosophies Applicable to Bernie Madoff and Reasons:
Analyze the ethical philosophies that can be applied to Bernie Madoff's actions.Discuss which ethical philosophies are relevant to understanding Madoff's unethical behavior.Provide justifications and explanations for the selected ethical philosophies, considering how they align with Madoff's actions or motivations.Reflect on the consequences of Madoff's departure from ethical principles.6. Conclusion:
Summarize the key points discussed in the essay regarding Warren Buffett's approach to business dealings and ethics, as well as the comparison to Bernie Madoff.Emphasize the importance of ethical decision-making in business and the long-term implications it can have.Offer any final thoughts or insights on the topic.Remember to support your arguments with evidence, examples, and references to credible sources. Properly cite any sources used in your essay according to the appropriate citation style.
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What should you do when you open a checking account?
A) Open a savings account and link it to your checking account.
B)Try to sign up for true overdraft protection, even though you have to pay
for it.C. Both A and B.
Answer: both a and b
Explanation:
An agent from MoneyGram calls asking for your help. He claims a CVS Health
colleague processed a transaction was incomplete. A customer paid for a wire
transfer of $500 but only $300 was sent. He would like to you to send the
additional $200 and provides you with the information.
What should you do? (Select All That Apply)
Based on the information provided, the things which you should do include:
C. Never process transactions over the phone. Write down the caller ID information (if you have it). After you hang up, tell a management team member so they can submit a Money Product Alert form to the AML Compliance Department.
D. In an effort to encourage trust between CVS Health and our customers, see if you can locate the customer in the store to verify the claim and situation.
What is information security?Information security can be defined as a preventive practice which is typically used to protect an information system (IS) that use, store or transmit information, from potential theft, attack, damage, or unauthorized access, especially through the use of a body of technologies, encryption, frameworks, processes and network engineers.
The types of security control.In Cybersecurity, there are three (3) different types of security control and these include the following:
Physical security.Operational security.Management security.As a preventive measure to cybercrimes, it is very important for customers and service providers to avoid processing financial transactions over the phone or requesting personally identifiable information (PII).
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Complete Question:
An agent from MoneyGram calls asking for your help. He claims a CVS Health colleague processed a transaction was incomplete. A customer paid for a wire transfer of $500 but only $300 was sent. He would like you to send the additional $200 and provides you with the information.
What should you do? (Select All That Apply)
A. Ask for the origination information so you can verify it and send the additional $200.
B. Earning trust with our customers and the community is important. You should take down the information and send the $200 to the recipient as instructed.
C. Never process transactions over the phone. Write down the caller ID information (if you have it). After you hang up, tell a management team member so they can submit a Money Product Alert form to the AML Compliance Department.
D. In an effort to encourage trust between CVS Health and our customers, see if you can locate the customer in the store to verify the claim and situation.
In a within-groups design, each participant experiences all levels of the –. There are two types of this design. The first is the – design, in which researchers expose participants to various levels of the independent variable and measure the dependent variable after each exposure. The second is the – design, in which participants interact with the various levels of the independent variable simultaneously.
In a within-groups design, there are two types of this design which are:
The repeated-measures designThe concurrent-measures designWhat is within-groups design?A within-groups design is known to be a kind of an experimental design that is one where each participant is said to often experiences the total levels of the independent variable.
Note that there are two types of this design which is the repeated-measures design whose role is to measure or one where participants are said to be opened to a lot of levels of the independent variable and they are known to be tested on the dependent variable after every exposure.
The second is said to be the concurrent-measures design and this is one where participants are said to communicate with the different levels of the independent variable in a simultaneous way..
Hence, In a within-groups design, there are two types of this design which are:
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Frank Petronick decided to start an accounting practice after graduation from college. The following is a list of events that occurred concerning Frank’s practice.
June 1: After shopping around, Frank found an office to lease and signed a lease agreement. The lease calls for a payment of $1051 rent per month.
June 4: Frank borrowed $3840 from his grandmother to assist in starting up his new business
June 4: deposits the $3840 plus $534 of his own cash in a new bank account at BMO under the name Petronick Accounting Services.
June 6: Paid the landlord the first month’s rent.
June 8: purchased furniture for $3290 on account
June 11: moved into the office and obtained the first assignment from a client to prepare year end financial statements for $1868
June 15: Performed the work on the assignment and sent an invoice to the customer for $1868
June 15: Paid half of the amount of the June 8 purchase of furniture
June 18: Purchased supplies on account for $339
June 26: paid for internet services, $53 cash
June 28: collected $903 of June 15 billing to the customer
June 30: withdrew cash from the business of $135 for personal expenses
A) prepare a tabular analysis of the effects of the above transactions on the accounting equation.
A tabular analysis of the effects of the transactions on the accounting equation is as follows:
Transaction Date Assets = Liabilities + Equity
June 4 $4,374 $3,840 $534
June 6 -$1,051 -$1,051
June 8 $3,290 $3,290
June 15 $1,868 $1,868
June 15 -$1,645 -$1,645
June 18 $339 $339
June 26 -$53 -$53
June 28 $903 - $903
June 30 -$135 -$135
Balance $6,987 = $5,824 + $1,163
What is the accounting equation?The accounting equation is a mathematical statement that shows that the assets are equal to the liabilities and equity given each business transaction and at the end of the accounting period.
For instance, the assets of Petronick Accounting Services at the end of June are equal to its liabilities plus equity.
At each date that a transaction occurs, the accounting equation remains in balance.
Transactions Analysis:June 4 Cash $4,374 Loan Payable $3,840 Common Stock $534
June 6 Rent Expense $1,051 Cash $1,051
June 8 Office Furniture $3,290 Accounts Payable $3,290
June 15 Accounts Receivable $1,868 Service Revenue $1,868
June 15 Accounts Payable $1,645 Cash $1,645
June 18 Supplies $339 Accounts Payable $339
June 26 Internet Services $53 Cash $53
June 28 Cash $903 Accounts Receivable $903
June 30 Withdrawal $135 Cash $135
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Match each regulatory function with the correct agency
Answer:
follows are the solution to this question:
Explanation:
Inh the question some data is missing that's why its correct solution can be defined as follows:
FR: Consider accounts for financial institutions contributing to both the federal reserve but fall asleep capital rules with all banks. FDIC: It offers insurance for most any depot in a commercial bank for $ 250,000 checks protected bank records or limits the investments of assets. OTC: It reviews its records and limits mostly on properties that can be held to savings and lending organizations. CC: Contract, review books, or financial institutions operated throughout the national govt and enforce limitations on resources this could carry. SEC: Require full reporting of financial products exchanged in structured trade.Answer:
FTC: Prevents unfair competition and protects consumers from
FDIC: Guarantees consumer and business and arranges for failed banks
Explanation:
Cinnamon Buns Co. (CBC) started 2021 with $53,400 of merchandise on hand. During 2021, $294,000 in merchandise was purchased on account with credit terms of 3/10 n/30. All discounts were taken. Purchases were all made f.o.b. shipping point. CBC paid freight charges of $10,700. Merchandise with an invoice amount of $2,600 was returned for credit. Cost of goods sold for the year was $312,000. CBC uses a perpetual inventory system. Assuming CBC uses the gross method to record purchases, ending inventory would be:
Answer:
The ending inventory would be 300
radar plumbers do plumbing for household.Their service for the year bought in an income of R86000 .They paid out R36 200 for material ,R12400 for water and electricity,R3 800 for telephone and R18 900 for other expenses.. calculate whether the business make profit or loss
Answer:
the business is making a profit of R14700
Explanation:
A business earns a profit if total cost is less than revenue and a business earns a loss of total cost exceeds revenue
total cost = R36 200 + ,R12400 + ,R3 800 + R18 900 = 71,300
total revenue = R86000
revenue exceeds cost, so a profit is being made
profit = R86000 - 71,300 = R14,700
What type of cost are batteries for the renewable-energy industry?
a. explicit cost
b. variable cost
c. implicit cost
d. fixed cost
e. marginal cost
The batteries will be recognized and treated as Fixed cost in the renewable energy industry.
Renewable-energy industry are the industry that generates power from the infinite resources provided by the nature.
The Renewable-energy industry can be divided into 5 and includes hydroelectric power, wind power, bio-energy, solar energy and geothermal energy industry.Industries like Solar Energy industry often use Batteries to store energy for usage when the Sun foes down.The batteries will be classified as Fixed Cost because its facilitate the day to day operations due the increase in demand for energy.
Therefore, in conclusion, the correct answer is D.
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3. What is the opportunity cost of our military spending?
Answer:
Today SIPRI estimated that global military expenditure in 2015 was $1676 billion, about 2.3% of the world's total Gross Domestic Product (GDP). Such high levels of spending frequently raise concerns as to the 'opportunity cost' involved in military spending—the potential civilian uses of such resources that are lost.
Explanation:
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Jeanine is willing to pay up to $16 per month for a Netflix subscription and accordingly buys Netflix's basic plan in 2020, when the price is $14 per month. When the price rises to $15.50 per month in January of 2022, Jeanine's monthly consumer surplus from Netflix falls by:
a.$1.50.
b.$1.00.
c.$0.50.
d.$14.00.
Jeanine's monthly consumer surplus from Netflix falls by Option c.$0.50.
Consumer surplus is the difference between what a consumer is willing to pay for a product or service and what they actually pay.
The consumer surplus is a measure of the economic surplus that occurs when the price a consumer pays for a product is less than the maximum price they are willing to pay for it. The concept is used in economics to measure the efficiency of markets and to analyze the benefits of public policies that affect consumer welfare.
Jeanine is willing to pay up to $16 per month for a Netflix subscription but buys the basic plan for $14 per month. Therefore, her consumer surplus is $2 per month. When the price of Netflix's basic plan rises to $15.50 per month, Jeanine's consumer surplus from Netflix falls by $0.50 per month.
In other words, Jeanine's consumer surplus decreases by $0.50 per month when the price of Netflix's basic plan increases from $14 to $15.50 per month. The decrease in consumer surplus is a result of the increase in the price of the product and the fact that Jeanine is now paying more than she was willing to pay in the past.
The concept of consumer surplus is important because it helps economists understand the value that consumers place on products and services and how changes in prices affect their welfare. In the case of Jeanine and Netflix, the increase in price results in a decrease in consumer surplus, which means that Jeanine is worse off as a result of the price increase. Therefore, the correct option is C.
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In a communist economy all economic activities are controlled by?
Answer:
benefits of quality management