To determine the value of accepting 2 percent of the profits, we need to calculate the expected value based on the probabilities and potential outcomes.
The script is bad (with a 95% chance):
In this case, the studio does nothing more and the script is thrown out. The outcome is $0.
The script is good (with a 5% chance):
a) The movie is bad (with a 65% chance):
The movie is not promoted and does not turn a profit. The outcome is $0.
b) The movie is good (with a 35% chance):
The studio promotes heavily and the average profit for this type of movie is $16 million. The outcome is 2% of $16 million, which is $320,000.
To calculate the expected value, we multiply the probability of each scenario by its respective outcome and sum them up:
Expected Value = (0.95 * $0) + (0.05 * (0.65 * $0 + 0.35 * $16,000,000))
= $0 + (0.05 * (0.65 * $0 + 0.35 * $16,000,000))
= 0 + (0.05 * (0 + $5,600,000))
= 0 + $280,000
Therefore, the expected value of accepting 2 percent of the profits is $280,000.
The expected value represents the average outcome or value we can expect from a particular decision, taking into account the probabilities of different scenarios. In this case, the expected value of accepting 2 percent of the profits is $280,000, which is higher than the immediate offer of $10,000. By accepting the 2 percent of profits, Carl Draper has the potential to earn a higher payoff if the movie turns out to be successful. However, it's important to note that the expected value is based on probabilities and does not guarantee a specific outcome.
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what do many ceos believe is the essence of the best companies?
Many CEOs believe that the essence of the best companies lies in their ability to create value for all stakeholders, including customers, employees, shareholders, and the wider community.
This requires a strong sense of purpose, cultural alignment, and a commitment to ethical and sustainable business practices.
Companies that prioritize the well-being of their employees and invest in creating a positive work environment are often more productive, innovative, and successful in the long term. Additionally, companies that prioritize innovation and continuous improvement tend to stay ahead of the competition and grow faster.
Furthermore, companies that engage in responsible and transparent business practices, and have a positive impact on the environment and society, are more likely to earn the trust and loyalty of their customers, employees, and shareholders.
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You open a new bank account at Eastside Savings. You see FDIC stickers around the bank, and the teller specifically mentions that Eastside
Savings is "FDIC Insured". A few months later, you hear on the radio that Eastside Savings is struggling to stay in business. Your savings balance
Is $500. What would happen to that money if Eastside Savings failed?
A.You could lose $250 since FDIC Insurance only covers 50% of the money you have deposited.
B.You would lose all of your money.
C.You would receive $250,000 since FDIC Insurance provides each account at the bank with $250,000 regardless of how much they
have deposited
D.You would receive all the money you have deposited at Eastside Savings since FDIC insurance covers accounts up to $250,000.
Answer:
The correct option is D. You would receive all the money you have deposited at Eastside Savings since FDIC insurance covers accounts up to $250,000.
Explanation:
Based on the information given what would happen to that money in a situation where Eastside Savings failed is that such individual would receive all the money he/she have deposited at Eastside Savings reason been that FDIC which is fully known as FEDERAL DEPOSIT INSURANCE CORPORATE insurance covers accounts up to the amount of $250,000 and Secondly Eastside Savings is "FDIC Insured".
The center of gravity method is used to ________ travel time, distance, and costs.
The center of gravity method is used to distance travel In order to reduce travel distances, the center of gravity approach is applied. The center of gravity method treats the relationship between shipping distance and cost as linear. When choosing a place, climate and taxation are frequently important regional factors.
What is the center of gravity method ?The center of gravity approach is a way to choose a distribution center where the cost of distribution is kept to a minimum. It is a technique for locating a facility such that transportation expenses or transit time to different locations are kept to a minimum. Clustering is the term used to describe when businesses locate close to other comparable businesses.The gravity method includes determining the gravitational pull of the earth at a surface-based measurement site. The mass and hence the density of subterranean materials directly relate to the strength of the gravitational field.To learn more about gravity method refer to:
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Fancy Pineapple produces pineapple juice and canned pineapple rings. This year the company anticipates a demand of at least 36,000 pints of pineapple juice and 3,600 cans of pineapple rings. Each pint of pineapple juice requires 2 pineapples, and each can of pineapple rings requires 1 pineapple. The company anticipates using at least 72,000 pineapples for these products. Each pint of pineapple juice costs the company 16¢ to produce, and each can of pineapple rings costs 40¢ to produce. How many pints of pineapple juice and cans of pineapple rings should Fancy Pineapple produce to meet the demand and minimize total costs?
Therefore, Fancy Pineapple should produce 36,000 pints of pineapple juice and no cans of pineapple rings to meet the demand and minimize total costs.
To determine the optimal production quantities of pineapple juice and canned pineapple rings for Fancy Pineapple, we need to consider the demand requirements and production costs.
Let's denote:
x = Number of pints of pineapple juice to produce
y = Number of cans of pineapple rings to produce
Based on the given information, we have the following constraints:
Demand constraint for pineapple juice: x ≥ 36,000
Demand constraint for pineapple rings: y ≥ 3,600
Pineapple requirement constraint: 2x + y ≤ 72,000
We want to minimize the total costs, which consist of the production costs for pineapple juice and pineapple rings:
Total cost = (16¢ * x) + (40¢ * y)
Now, we can solve this problem using linear programming techniques.
Since the problem asks for the minimum total cost, we can set up the objective function as follows:
Minimize: Z = (16x) + (40y)
Using these constraints and the objective function, we can solve the linear programming problem to find the optimal values for x and y, which represent the quantities of pineapple juice and pineapple rings to produce.
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~PLEASE HELP~
Why is it important to develop an idea of your potential career cluster now?
Answer:
It is important for you to get a idea what you would to be in because it is going to help you understand your purpose in life. It is going to help you choose the right college for you.
Explanation:
Imagine your class has been asked to organize a career fair for your school. Now that you know about all the career clusters, you want to be sure to include each one in the career fair,
Working in small groups, imagine your class has been asked to organize a career fair for your school. Now that you know
Brainstorm how you would begin to organize this career fair. What would you need to do? What information would you
need to have? What permissions would you need to secure? Where will this be held?
Describe your plan below in detail.
Answer: Organizing a career fair requires knowledge of a variety of career clusters. Here are certain ideas you can use while organizing a career fair:-
After dividing the class into smaller groups assign each group a particular career path on which they can prepare a presentation.Prepare an itinerary for the presentations and assign each group a particular time slot.These itineraries can be distributed as pamphlets to the target audience.Each group can make an effort to invite certain professionals or experts from the field for the occasion.Permission from the School Council and higher authorities might be required for the use of school grounds and auditoriums.Each group must have a leader for the coordination of the activities.The leaders must work together as a team and keep each other updated about the progress of their individual groups.in the 1930s, the de beers marketing campaign suggested that men should spend a single month's salary on an engagement ring. in the 1980s, it became two months. what was de beers trying to do?
In the 1930s, the De Beers marketing campaign suggested that men should spend a single month's salary on an engagement ring. In the 1980s, it became two months. De Beers trying to do is:
1) Monopolize diamond prices.
They were successful in acquiring complete ownership of and command over the global diamond trade by establishing De Beers Consolidated Mines, Ltd.
2) Stabilize the market.
De Beers would need to find a means to manage both the global supply and demand for diamonds in order to succeed in this.
De Beers was aware that their commodity lacked fundamental worth (like gold and silver). So instead of selling to their product, they perfected the skill of marketing to values, in this case, the ethics and values associated with love, passion, and marriage. When they did their initial round of detailed market research, no one was interested in buying diamonds, so they had to generate that value themselves.
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How much horsepower does the 2. 0l ecoboost i-4 engine produce?.
The amount of horsepower does the 2. 0l ecoboost i-4 engine produce is from around 250 to 350 horsepower.
The 2.0L EcoBoost I-4 engine produces a specific amount of horsepower, which is determined by various factors such as engine design, fuel delivery, and efficiency.
To understand how horsepower is calculated, we need to consider the fundamental equation:
Horsepower = (Torque × RPM) / 5252
In this equation, torque represents the rotational force produced by the engine, and RPM stands for revolutions per minute, which measures how fast the engine is spinning. The value 5252 is a constant that allows for the conversion of torque and RPM into horsepower.
The 2.0L EcoBoost I-4 engine typically delivers a range of horsepower depending on the specific model and configuration. As of my knowledge cutoff in September 2021, the horsepower output of the 2.0L EcoBoost I-4 engine can range from around 250 to 350 horsepower.
However, it's important to note that these figures are subject to change as automotive technology evolves and new engine variations are introduced.
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If Tom and Liz Gomes have liquid assets of $200,000, real estate of $350,000, home improvement loans of $250,000, and investments of $30,000, what would their total assets be
Based on the information given their total assets is $580,000.
Total assetsUsing this formula
Total assets=Liquid assets+ Real estate+ Investment
Where:
Liquid assets=$200,000
Real estate=$350,000
Investment=$30,000
Let plug in the formula
Total assets=$200,000+$350,000+$30,000
Total assets=$580,000
Inconclusion their total assets is $580,000.
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Refresh produces soft drinks and sodas. Production of 101715 liters was started in February, 86190 liters were completed. Material costs were $38,360 for the month while conversion costs were $17080 There was no beginning work-in-process, the ending work in process was 40% complete. What is the cost of the product that was completed and transferred to finished goods? Multiple a. $51.714 b. $38.780 c. $55.370 d. $47.040
The cost of the product that was completed and transferred to finished goods is option A. $51.714.
To find the cost of the product that was completed and transferred to finished goods, we need to follow these steps:
1. Determine the total production cost: Add material costs and conversion costs.
Total production cost = Material costs + Conversion costs
Total production cost = $38,360 + $17,080
Total production cost = $55,440
2. Calculate the equivalent units of production (EUP) for completed and transferred units.
EUP = Completed liters + (Ending work-in-process liters * Percentage of completion)
EUP = 86,190 + (15,525 * 40%)
EUP = 86,190 + 6,210
EUP = 92,400
3. Calculate the cost per equivalent unit:
Cost per equivalent unit = Total production cost / EUP
Cost per equivalent unit = $55,440 / 92,400
Cost per equivalent unit = $0.60
4. Determine the cost of the product that was completed and transferred to finished goods:
Cost of completed and transferred product = Completed liters * Cost per equivalent unit
Cost of completed and transferred product = 86,190 * $0.60
Cost of completed and transferred product = $51,714
The cost of the product that was completed and transferred to finished goods is $51,714 (Option A).
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Witch method of commuting is most likely to reduce your need to go to the gym or get a treadmill
Answer:
Walking or using of bicycle
Explanation:
Use of legs are needed in both method of commuting. Leg muscles will be worked up and it also produces sweat that is equivalent to gym exercise
Customer relationship management software does not include information about
A. Current customers
B. Prospective customers
C. Former customers
D. Current Suppliers
Customer relationship management software does not include information about current customers, hence option A is correct.
CRM software is intended to track and manage customer interactions. This information contains contact information, purchasing history, and customer comments.
Software, on the other hand, does not often offer information about existing personnel. This is because CRM software is designed to handle external interactions, whereas HR software is designed to manage employee information.
Thus, "Customer relationship management software does not include information about" is A. Current Customers.
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an investment in equipment helps a business increase productivity by
Track and limit how much time you're spending on tasks.
Take regular breaks.
Set self-imposed deadlines.
Follow the "two-minute rule."
Just say no to meetings.
Hold standing meetings.
Quit multitasking.
Explain the change in demand for watermelons using evidence, and show this effect on a supply and demand graph.
Answer:
Explanation:
Changes in the supply of melon
is brought about both positive and negative factors affecting supply of melon apart from the price of melon
Discuss the impact of effective college and career planning. After reviewing the career plan for your chosen career pathway, discuss how you might revise your school-related activities and associations in order to follow your plan, such as joining a CTSO. Consider any possible changes in plans you may have to make in the future, such as moving to a new city or state, and discuss how you can plan for unforeseen setbacks, such as failing a class or placement exam. Also discuss any possible backup plans, just in case the career you have chosen might not turn out to be the right choice for you. How might you change your plan if you decide that you want to do something else?
The effect of effective college and career planning is that it would give a student a clear plan on what he wants to study and the study resources he would need to make it possible.
This college and career planning is key to help the student make better informed decisions about the career he wants and the courses he would study in school.
What is Career Planning?This refers to the situation where a person makes plans that are feasible that would help his career path.
Hence, we can see that The effect of effective college and career planning is that it would give a student a clear plan on what he wants to study and the study resources he would need to make it possible.
This college and career planning is key to help the student make better informed decisions about the career he wants and the courses he would study in school.
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in the business cycle, a transition period of rising economic growth and increasing employment is a
In the business cycle, a transition period of rising economic growth and increasing employment is called an expansion or a recovery phase. This phase occurs after a trough, which represents the lowest point of economic activity during a recession.
Some key characteristics of an expansion phase include:
1. Economic Growth: The overall output and production levels of goods and services in the economy start to increase. Gross Domestic Product (GDP) rises, indicating a growing economy.
2. Increasing Employment: As businesses experience growth and demand for their products or services expands, they generally hire more workers to meet the increased demand. This leads to a decline in unemployment rates as job opportunities become more available.
3. Business Investment: During an expansion phase, businesses tend to have more confidence in the economy's future prospects. This often leads to increased business investment in capital goods, technology, and infrastructure to support growth and expansion.
4. Consumer Confidence: Rising employment levels, income growth, and overall economic optimism typically result in increased consumer confidence. This can lead to higher consumer spending and increased demand for goods and services.
It's important to note that the length and intensity of expansion phases can vary, and they are typically followed by periods of slower growth, called contractions or recessions, as part of the natural ebb and flow of the business cycle.
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PLS HELP…… What is the difference between a charge card and a credit card?
O A charge card is paid off each month while a credit card has a revolving credit line.
O A charge card is issued by a bank while a credit card is issued by a merchant.
O A charge card has a revolving line of credit while a credit card is paid off each month.
O A charge card has zero interest while a credit card has a high interest
A charge card is paid off each month while a credit card has a revolving credit line is the difference between a charge card and a credit card. Thus, option (a) is correct.
What is credit card?A credit card is a payment card was the issued by the financial institutions. It was the provided of the customers to borrow funds, and the pre-approved credit limit. It was the provided the facilities such as purchases, balance transfers and the other things.
According to the main difference between the charge card is paid off each month. On the another hand was the credit card has a revolving credit line. It was the pay of the purchase of the goods and the services. It was the paid by the card issuer.
As a result, the significance of the charge card and a credit card are the aforementioned. Therefore, option (a) is correct.
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Explain why socialist societies do not use a circular flow chart.
What is one request a borrower can make of a lender if they know they will never be able to pay their full debt?
A. The borrower can ask for fees and penalties to be eliminated.
B. The borrower can ask for a reduction of the interest rate.
C. The borrower can ask to be absolved of some of the debt.
D. The borrower can ask for the monthly payment to be reduced.
The one request a borrower can make of a lender if they know they will never be able to pay their full debt is the borrower can ask for fees and penalties to be eliminated.
What happens if the borrower fails to repay the loan?A loan is known to be a kind of money that is borrowed for a length of time and it is known to be a non-performing asset (NPA).
When the repayment is overdue, the lender can seize the asset of the borrower and when a borrower can make of a lender if they know they will never be able to pay their full debt is the borrower can ask for fees and penalties to be eliminated.
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Answer:
C. The borrower can ask to be absolved of some of the debt
Explanation:
what is the opportunity cost of producing one gallon of milk in tahiti?
The opportunity cost of producing one gallon of milk according to the production possibilities frontiers in Tahiti is 5/6 of a gallon of honey. (Option C)
To find the opportunity cost of producing one gallon of milk in Tahiti, we need to look at the production possibilities frontier for Tahiti. The production possibilities frontier shows the maximum amount of two goods that can be produced given the resources and technology available.
On the production possibilities frontier for Tahiti, we can see that when Tahiti produces 6 gallons of milk, it can produce 0 gallons of honey. When Tahiti produces 0 gallons of milk, it can produce 5 gallons of honey. This means that the opportunity cost of producing one gallon of milk in Tahiti is the amount of honey that must be given up in order to produce one more gallon of milk.
To calculate the opportunity cost, we can use the formula: Opportunity cost = (Change in quantity of honey) / (Change in quantity of milk) Opportunity cost = (5 - 0) / (0 - 6) Opportunity cost = 5 / (-6) Opportunity cost = -5/6 Since opportunity cost is always positive, we can take the absolute value of -5/6 to get 5/6. Therefore, the opportunity cost of producing one gallon of milk in Tahiti is 5/6 of a gallon of honey.
Note: The question is incomplete. The complete question probably is: Figure shows the production possibilities frontiers for Tahiti and Bora Bora. Each country produces two goods, milk and honey. What is the opportunity cost of producing one gallon of milk in Tahiti? A) 1.5 gallons of honey B) 1/2 of a gallon of honey C) 5/6 of a gallon of honey D) 1.2 gallons of honey.
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As a FedEx contractor, you own 50 trucks. Ten of your trucks are brand
new, and each of these trucks has a 95% chance of being in service on
any particular day. Twenty of your trucks are of an intermediate age, and
each of these trucks has a 90% chance of being in service on any particular
day. Finally, twenty of your trucks are old; each truck has a 80% chance
of being in service on any particular day. You need at least 44 trucks to
be in service in order to meet your delivery goals.
(a) Using your probability formulas, calculate what the average (i.e. ex-
pected) number of trucks will be serviceable on any given day. Show
your work. (5 pts)
(b) What is the probability that you have enough trucks (i.e. that you
have 44 or more trucks)? Use Excel to conduct a simulation with
20,000 trials in order to answer this. (5 pts)
(c) Repeat the above exercise, once for each of the following quantities:
30, 35, 40, 43, 44, 45, 50. Plot your answers on a line graph, with the
probability on the y-axis, and the quantities on the x-axis. Be sure
to title your graph and provide axis labels. Note, your graph should
be sloping downward or upward, but it shouldn’t zig-zag upward and
downward. Such zig-zags can happen because of random error from
the simulations. Be sure to conduct enough trials in your simulations
so that your graph doesn’t zig-zag (i.e. it should be monotonic).
The average number of trucks expected to be in service on any given day is 44.9.
To calculate this, we can use the formula for expected value, which is the sum of the products of each possible outcome and its corresponding probability.
For the brand new trucks, since there are 10 of them and each has a 95% chance of being in service, the expected number of brand new trucks in service is 10 * 0.95 = 9.5.
For the intermediate age trucks, with 20 of them and a 90% chance of being in service, the expected number of intermediate age trucks in service is 20 * 0.9 = 18.
For the old trucks, with 20 of them and an 80% chance of being in service, the expected number of old trucks in service is 20 * 0.8 = 16.
Adding up the expected numbers of trucks in service from each category, we get 9.5 + 18 + 16 = 43.5.
Therefore, the average number of trucks expected to be in service on any given day is 43.5.
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Padre Ltd. holds 90 percent of the outstanding shares of Sonora Ltd. On January 1, 2019, Padre Ltd. transferred equipment to Sonora for $95,000. The equipment had cost $130,000 originally but had a $50,000 carrying value and five-year remaining life at the date of transfer. Depreciation expense is computed according to the straight-line method with no residual value.
Needed
What would be the consolidation worksheet entries in relation to this asset when preparing the consolidated financial statements for the following accounting periods ending at (Ignore the tax effect):
31 December 2019
31 December 2020
31 December 2021
To prepare the consolidation worksheet entries for the given asset, we need to consider the transfer of equipment from Padre Ltd. to Sonora Ltd. The equipment's cost was $130,000, with a carrying value of $50,000 and a remaining useful life of five years.
For the consolidation worksheet entries at the end of each accounting period, we need to account for the depreciation expense. Since the straight-line method with no residual value is used, the annual depreciation expense is $16,000 ($80,000 divided by 5 years).
For the period ending on December 31, 2019:
1. Debit: Depreciation Expense - Sonora Ltd. ($16,000)
Credit: Accumulated Depreciation - Sonora Ltd. ($16,000)
For the period ending on December 31, 2020:
1. Debit: Depreciation Expense - Sonora Ltd. ($16,000)
Credit: Accumulated Depreciation - Sonora Ltd. ($16,000)
For the period ending on December 31, 2021:
1. Debit: Depreciation Expense - Sonora Ltd. ($16,000)
Credit: Accumulated Depreciation - Sonora Ltd. ($16,000)
These entries reflect the depreciation of the equipment in Sonora's financial statements and the corresponding increase in the accumulated depreciation account. Remember, these are only the consolidation worksheet entries and will be used to prepare the consolidated financial statements.
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list two examples of items that could be used as collateral for a secured loan.
The list two examples of items that could be used as collateral for a secured loan are cash in a savings account, a car, or even a home.
What is account?The entry of a transaction in a financial statement is referred to as a “account.” The account has been updated to reflect the debit and credit transactions. Assets, liabilities, revenue, equity, and expenses are all types of financial activity. This means the loan is guaranteed by something you own.
A secured collateral loan requires the borrower to use their assets as collateral (such as a car, house, or savings account) to "secure" the loan. In summary, secured loans necessitate collateral, but personal loan do not. The collateral is a pledge to the lender that if the borrowers fails to repay the loan, the lender would be able to repossess the asset.
As a result, the list of two examples of items that could be used as collateral for a secured loan are cash in a savings account, a car, or even a home.
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Which people in government and public administration act as first responders during emergencies?
Law enforcement professionals, such as ________, act as the country’s first responders during emergencies, such as natural disasters.
Answer:
see below
Explanation:
Law enforcement professionals, such as firefighters, emergency medical technicians (EMT's), state police offices, and paramedics, act as the country's first responders during emergencies and natural disasters. The U.S. marshals, deputy marshals, and the military may also be called depending on the gravity of the disaster.
The law enforcement professionals' core mandate is to protect citizen's lives and property. During emergencies, law enforcement agencies are always called upon to execute their mandate with speed and the utmost care.
What source documents can be issued by Thandi to her customers name three types of documents
These source documents serve as evidence of the exchange between Thandi and her customers and are essential for record-keeping and financial reporting.
Sales invoices: Sales invoices are one of the most common source documents issued by Thandi to her customers. These documents include details such as the customer's name, date of sale, description of goods or services sold, unit price, total price, and any applicable taxes. Sales invoices are important because they provide customers with a detailed breakdown of what they purchased and how much they paid.
Receipts: Receipts are another type of source document that Thandi can issue to her customers. These documents serve as proof of payment and include details such as the date of the sale, the amount paid, and the method of payment. Receipts are particularly useful for customers who need to track their expenses and for Thandi's records as well.
Credit notes: If Thandi needs to issue a refund or credit to her customer, she can issue a credit note. These documents include details such as the customer's name, date of the sale, the original amount paid, and the amount being credited back. Credit notes are essential for record-keeping purposes and ensure that both Thandi and her customer have an accurate record of the transaction.
In conclusion, the source documents that Thandi can issue to her customers include sales invoices, receipts, and credit notes. These documents are essential for record-keeping, financial reporting, and serve as evidence of the transactions made between Thandi and her customers.
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Culver Corporation's adjusted trial balance contained the following accounts at December 31, 2020: Retained Earnings $129,000; Common Shares $705,000; Bonds Payable $104,000; Contributed Surplus $211,000; Preferred Shares $59,000; Goodwill $60,000; and Accumulated Other Comprehensive Income (Loss) ($154,000). Prepare the shareholders' equity section of the statement of financial position. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Culver Corporation Statement of Financial Position (Partial) Shareholders' Equity Total Shareholders' Equity LA $ +A
The total shareholders' equity of Culver Corporation is $1,020,000.
Total equity = Common shares + Preferred shares + Contributed surplus + Retained earnings + Accumulated other comprehensive income(loss) + Goodwill.
Culver Corporation's shareholders' equity section of the statement of financial position includes the following accounts; Common Shares, Preferred Shares, Bonds Payable, Contributed Surplus, Retained Earnings, Goodwill, and Accumulated Other Comprehensive Income (Loss).
To calculate the total shareholders' equity, the accounts included in the shareholder equity section are added up. The following are the calculation steps;
Total shareholders' equity = Common shares + Preferred shares + Contributed surplus + Retained earnings + Accumulated other comprehensive income(loss) + Goodwill
Therefore;
Total shareholders' equity = $705,000 + $59,000 + $211,000 + $129,000 - $154,000 + $60,000
Total shareholders' equity = $1,020,000Therefore, the total shareholders' equity of Culver Corporation is $1,020,000.
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The value of the next-best forgone alternative is the:.
The value of the next-best alternative that was foregone in making a decision is known as the Opportunity Cost.
What is Opportunity cost?It represents the cost of picking one alternative over another. It is the value of the payoff of the next best decision to the one you chose.In conclusion, opportunity costs represents the value of the alternative that you would have picked if you had not chose the alternative you went with.
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Angelina hires Brad to drive a truck to a depot 200 mile away.She specifies the route that he is to take and tells him to be sure to arrive by 5:00 pm.On the way,Brad finds himself nodding off due to hunger.He checks the time and finds that he has plenty of time to make the 5:00 pm deadline so he decides to stop at a diner that he is familiar with.The diner is ¾ of a mile off of the route that Angelina had specified.Brad does not call Angelina to ask for permission.On the way to the diner,Brad runs a light and has a collision with Billy Bob.Billy Bob sues Angelina.
A) Angelina wins because Brad was on a detour, freeing her from liability
B) Angelina wins because Brad was on a frolic, freeing her from liability
C) Angelina loses because Brad was on a detour, so she is liable
D) Angelina loses because Brad was on a frolic, so she is liable
Answer: C) Angelina loses because Brad was on a detour, so she is liable.
Explanation:
Brad was acting under the employ of Angelina so Angelina will be liable for his actions while he is on duty so long as he is acting under the bounds of his employment commitments to her.
According to U.S. law, an employee is still within the bounds of employment commitment if they take a detour vs a frolic. As Brad only took a detour, he is still maintaining his commitments which means that Angelina is liable for his actions.
If you could replace all of the grass in the world with something else, what would it be and why?
Answer:
I would replace it with cannabis, everyone is happier when there is green :)
Explanation:
Answer:
I would replace it with oil because oil is a rare resource
Explanation:
The column headed by a check mark in a checkbook register is provided so you can make a note of your checks that have bounced.
T or F