Answers
Government Bonds a bond with exactly four years until maturity has a current yield of 7.58% and a simple yield of 6.27%.
What are government bonds?A bond is a type of debt instrument in which an investor lends money to a borrower, generally a corporation or government, who then borrows the money for a predetermined period of time at a fixed or variable interest rate. Treasury Bills, Treasury Notes, Treasury Bonds, Treasury Inflation-Protected Securities (TIPS), Floating Rate Notes (FRNs), Series I Savings Bonds, and Series EE Savings Bonds are the many securities that are offered. Given that the government guarantees the returns, government bonds are less risky than alternative assets like shares. There are certain market-related hazards, but you can eliminate the risk by simply keeping the bonds until they mature.
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Related Questions
What are 2 tools you can use to identify possible issues in quickbooks online company
Answers
Answer: Transactional Journal and Audit Log can be used to identify possible issues in a Quickbooks Online Company.
The 2 tools you can use to identify possible issues in quickbooks online company are transactional journal and Audit log.
Accountant Toolbox contains the following Features for all QuickBooks Online Users. They are:
Voided/Deleted transaction- this filters the view of the audit log.Journal entries.Close books.Management reports. etcQuickBooks is simply known as an accounting software package developed and marketed by a company called Intuit.
Its products are targeted toward small and medium-sized businesses and offer on-premises accounting applications and also cloud-based versions.
Conclusively, It can be used for accepting business payments, manage and pay bills, and payroll functions.
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Froya Fabrikker A/S of Bergen, Norway, is a small company that manufactures specialty heavy equipment for use in North Sea oil fields. The company uses a job-order costing system that applies manufacturing overhead cost to jobs on the basis of direct labor-hours. Its predetermined overhead rate was based on a cost formula that estimated $399,000 of manufacturing overhead for an estimated allocation base of 1,050 direct labor-hours. The following transactions took place during the year:
Raw materials purchased on account $200,000.
Raw materials used in production (all direct materials) $185,000.
Utility bills incurred on account, $70,000 (90% related to factory operations, and the remainder related to selling and administrative activities).
Accrued salary and wage costs:
Direct labor (975 hours) $230,000
Indirect labor $90,000
Selling and administrative salaries $110,000
Maintenance costs incurred on account in the factory, $54,000.
Advertising costs incurred on account, $136,000.
Depreciation was recorded for the year, $95,000 (80% related to factory equipment, and the remainder related to selling and administrative equipment).
Rental cost incurred on account, $120,000 (85% related to factory facilities, and the remainder related to selling and administrative facilities).
Manufacturing overhead cost was applied to jobs, $__________? .
Cost of goods manufactured for the year, $770,000.
Sales for the year (all on account) totaled $1,200,000. These goods cost $800,000 according to their job cost sheets.
The balances in the inventory accounts at the beginning of the year were:
Raw Materials $30,000
Work in Process $21,000
Finished Goods $60,000
Required:
a. Prepare journal entries to record the preceding transactions.
b. Post your entries to T-accounts. (Don’t forget to enter the beginning inventory balances above.)
c. Prepare a schedule of cost of goods manufactured.
d. Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold.
e. Prepare a schedule of cost of goods sold.
f. Prepare an income statement for the year.
Answers
a. The preparation of the journal entries to record the preceding transactions for Froya Fabrikker A/S of Bergen, Norway is as follows:
Journal Entries:Debit Raw materials $200,000
Credit Accounts Payable $200,000
Debit Work in Process $185,000
Credit Raw materials $185,000
Debit Manufacturing overhead $63,000
Debit Selling and Admin. $7,000
Credit Utilities Payable $70,000
Debit Work in Process $230,000
Debit Manufacturing overhead $90,000
Debit Selling and administrative salaries $110,000
Credit Payroll Payable $430,000
Debit Manufacturing overhead $54,000
Credit Maintenance Expenses Payable $54,000
Debit Selling and Admin. Expenses $136,000
Credit Advertising costs Payable $136,000
Debit Manufacturing overhead $76,000
Debit Selling and Admin. Expense $19,000
Credit Depreciation Expenses $95,000
Debit Manufacturing overhead $102,000
Debit Selling and Admin. Expense $8,000
Credit Rental Expense Payable $120,000
Debit Work in process $370,500
Credit Manufacturing overhead applied $370,500
Debit Finished goods $770,000
Credit Work in Process $770,000
Debit Accounts Receivable $1,200,000
Credit Sales Revenue $1,200,000
Debit Cost of goods sold $800,000
Credit Finished goods $800,000
b. T-accounts:Raw MaterialsAccount Titles Debit Credit
Beginning Balances $30,000
Accounts Payable $200,000
Work in Process $185,000
Balance $45,000
Work in ProcessAccount Titles Debit Credit
Beginning Balances $21,000
Raw materials 185,000
Payroll Payable 230,000
Manufacturing
overhead applied 370,500
Finished Goods $770,000
Balance $36,500
Finished GoodsAccount Titles Debit Credit
Beginning Balances $60,000
Work in Process 770,000
Cost of goods sold $800,000
Balance $30,000
Cost of goods soldAccount Titles Debit Credit
Finished goods $800,000
Under-applied o/h 14,500
Income Summary $814,500
Accounts PayableAccount Titles Debit Credit
Raw materials $200,000
Manufacturing overheadAccount Titles Debit Credit
Utilities Payable $63,000
Payroll Payable 90,000
Maintenance
Expenses Payable 54,000
Depreciation Exp. 76,000
Rental Payable 102,000
Work in Process $370,500
Cost of goods sold 14,500
Selling and Admin. ExpensesAccount Titles Debit Credit
Utilities Payable $7,000
Payroll Payable 110,000
Advertising Payable 136,000
Depreciation Exp. 19,000
Rental Payable 8,000
Income Summary $280,000
Utilities PayableAccount Titles Debit Credit
Manufacturing overhead $63,000
Selling and Admin. expenses 7,000
Payroll PayableAccount Titles Debit Credit
Work in process $230,000
Manufacturing overhead 90,000
Selling and Admin. expense 110,000
Maintenance Expenses PayableAccount Titles Debit Credit
Manufacturing overhead $54,000
Advertising costs PayableAccount Titles Debit Credit
Manufacturing overhead $136,000
Depreciation ExpensesAccount Titles Debit Credit
Accumulated Depr. $95,000
Manufacturing overhead $76,000
Selling and Admin. Expense 19,000
Rental Expense PayableAccount Titles Debit Credit
Manufacturing overhead $102,000
Selling and Admin. Expense 8,000
c. The preparation of a schedule of cost of goods manufactured is as follows:
Schedule of Cost of Goods ManufacturedBeginning Work in Process $21,000
Raw materials used 185,000
Direct labor 230,000
Manufacturing overhead applied 370,500
Ending Work in Process ($36,500)
Cost of goods manufactured $770,000
d. The preparation of a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold is as follows:
Debit Cost of goods sold $14,500
Credit Manufacturing overhead $14,500
To close manufacturing overhead to Cost of Goods Sold.e. The preparation of a schedule of cost of goods sold is as follows:
Schedule of Cost of Goods Sold:Beginning Finished Goods $60,000
Cost of manufactured goods 770,000
Under-applied overhead 14,500
Ending Finished Goods ($30,000)
Cost of goods sold $814,500
f. The preparation of an income statement for the year is as follows:
Froya Fabrikker A/S of Bergen, Norway
Income StatementFor the year ended December 31,
Sales Revenue $1,200,000
Cost of goods sold 814,500
Gross profit $385,500
Selling and admin. exp. 280,000
Net income $105,500
Data and Calculations:Estimated manufactured overhead = $399,000
Estimated direct labor-hours = 1,050
Predetermined overhead rate = $380 ($399,000/1,050)
Direct labor (975 hours) $230,000
Applied overhead = $370,500 ($380 x 975)
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A company makes bikes from recycled metal. For a recent job lot of 200 bikes, the company incurred direct materials costs of $6,000 and direct labor costs of $2,000. Factory overhead applied to this job is $9,000. What is the total manufacturing cost of this job lot
Answers
Answer:
$17,000
Explanation:
Total manufacturing cost = Direct materials + Direct labour + Manufacturing overheads.
$6,000 + $2,000 + $9,000 = $17,000
Suppose you have the opportunity to invest in a project that provides you with $4,000 every year forever. If you require an 8% return on investments with similar risk, what is the most you would be willing to pay for this project?
Answers
To determine the maximum amount you would be willing to pay for the project, we can use the concept of the present value of perpetuity. The present value is the current worth of future cash flows discounted at a specified rate of return. In this case, the perpetuity provides a constant cash flow of $4,000 every year indefinitely.
The formula for the present value of perpetuity is:
Present Value = Cash Flow / Discount Rate
Given that the cash flow is $4,000 and the required return or discount rate is 8% (0.08 as a decimal), we can calculate the present value as follows:
Present Value = $4,000 / 0.08 = $50,000
Therefore, the most you would be willing to pay for this project is $50,000. This amount ensures that the annual cash flow of $4,000 is equivalent to an 8% return on your investment, considering the risk and time value of money.
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Changes in the market environment impact _____
how competitive the marketplace is
how many offerings are available
how many marketing communication channels are used
how consumers behave
Answers
Changes in the market environment impact how competitive the marketplace is, how many offerings are available, how many marketing communication channels are used, and how consumers behave.
Aspects of the business landscape are significantly impacted by changes in the market environment. First and foremost, they have an impact on the level of market competition because changes in variables like technology, rules, and consumer preferences can affect how businesses compete with one another.
Changes in the market environment can also have an impact on the variety and range of goods and services that are offered to customers. New technologies and trends have an impact on how businesses communicate with their target audiences through marketing channels. Last but not least changes in the market environment such as those in the economy in social trends and in technological advancements have a significant impact on consumer behavior causing changes in buying patterns and preferences.
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Discuss the reasons why founder and CEO Mikitani feels it is imperative for Rakuten to expand beyond the boundaries of Japan. Provide examples to support your answer.
Answers
Answer:
CEO RAKUTEN JAPAN BEYOND PROVIDE
Companies like Uber and UPS use what type of control system to monitor employee performance and behavior? 10/10/10 program Domain Excellence Platforms 360-degree feedback Enterprise Social Networking Site Technology-mediated control
Answers
An technology-mediated control is used by companies like Uber and UPS to monitor their employee performance and behavior.
What is a technology-mediated control?A technology-mediated control refers to a technology that allows organization's to monitor or influence their workers in other for them to behave in a manner consistent with organizational objectives.
Hence, the technology-mediated control is used to monitor employee performance and behavior while they are working.
Therefore, the Option D is correct.
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Riverbend Inc. received a $240,000 dividend from stock it held in Hobble Corporation. Riverbend's taxable income is $2,710,000 before deducting the dividends received deduction (DRD), a $50,500 NOL carryover, and a $153,000 charitable contribution.
Corporate Income Tax Rates
Taxable Income Tax
$50,000 15% of the taxable income
$50,000-$75,000 $7,500 + 25% of taxable income over $50,000
$75,000-$100,000 $13,750 + 34% of taxable income over $75,000
$100,000-$335,000 $22,250 + 39% of taxable income over $100,000
$335,000-$10,000,000 $113,900 + 34% of taxable income over $335,000
$10,000,000-$15,000,000 $3,400,000 + 35% of taxable income over $10,000,000
$15,000,000-$18,333,333 $5,150,000 + 38% of taxable income over $15,000,000
Over $18,333,333 35% of the taxable income
a. What is Riverbend’s deductible DRD assuming it owns 11 percent of Hobble Corporation?
b. Assuming the facts in part (a), what is Riverbend’s marginal tax rate on the dividend?
c. What is Riverbend’s DRD assuming it owns 36 percent of Hobble Corporation?
d. Assuming the facts in part (c), what is Riverbend’s marginal tax rate on the dividend?
e. What is Riverbend’s DRD assuming it owns 89 percent of Hobble Corporation (and is part of the same affiliated group)?
f. Assuming the facts in part (e), what is Riverbend’s marginal tax rate on the dividend?
Answers
1: list common form properties?
Answers
Answer:
Explanation
properties of form
auto scroll
back color
control box
enabled
cancel button
auto scale mode
auto control min size
Which of the following skills are important for job interviews?
Answers
You own a graphic design business. You have a new client who is refusing to
pay her bill because she doesn't like the way her brochures turned out, even
though you created them based on her specifications. Because you do not
have a long-standing relationship with this client and you don't want to spend
a lot of money getting this dispute resolved, which of the following is the best
method for you to pursue?
Answers
Owning a graphic designing business the best way to resolve the dispute is mediation , as the individual will address the loss of a party to another.
What is litigation?Litigation is the process of taking a dispute to court, where the court hears the trial and upon considering all the aspects it provides a decision.
Litigation process is lengthy and requires more money to be paid to lawyers.
Mediation is the process in which an unrelated person tries to consider the negative effects of both the parties and addresses them to the other party.
Arbitration is the process in which all the facts and figures of the dispute is highlighted and then a decision is taken by a third party.
Negotiations are done when the other party is considering the other party which does not seem to be the case here.
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reflection about simulation in second day and third day
Answers
Simulation is the process of imitating the operations of a real-world system or process over time. It is usually used to analyze the behavior of complex systems and can provide useful insight into how the system will behave under different circumstances.
The second and third days of the simulation were quite interesting. During this time, we were able to put into practice some of the concepts we had learned during the previous days of the simulation. We were able to work as a team and coordinate our efforts to achieve the desired outcome.
One of the things I noticed during this time was how important communication is when working in a team. It is vital to be able to communicate effectively with other team members to ensure that everyone is on the same page and that the project is progressing smoothly.
We were able to learn from our mistakes and adjust our strategies accordingly. This was a valuable experience as it helped us to develop our problem-solving skills and taught us how to be adaptable and flexible in the face of changing circumstances.
Overall, I found the second and third days of the simulation to be a great learning experience. It provided us with an opportunity to put into practice the skills and concepts we had learned during the first day of the simulation. We were able to work collaboratively as a team and learn from each other's strengths and weaknesses. I believe that the simulation has helped me to become a better problem solver and a more effective team player.
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use a well labelled group to explain why the introduction of maximum prices in the petrol industry will not be an ideal decision for the country's economy??
Answers
Implementing maximum prices in the petrol industry may not be an ideal decision for the country's economy.
Consumer Group:
Implementing maximum prices may initially benefit consumers as it could lead to lower fuel costs. However, it can have negative consequences in the long run. With lower prices, there may be increased demand for petrol, leading to shortages and long queues at gas stations. Additionally, if prices are kept artificially low, it can discourage investment in the industry, hampering exploration, production, and infrastructure development. This could result in limited supply and dependence on imports, potentially leading to fuel shortages and price fluctuations.Business Group:
For businesses in the petrol industry, maximum prices can restrict their ability to cover costs and maintain profitability. Fuel companies have various expenses such as exploration, refining, distribution, and employee wages. If prices are capped, it can lead to reduced profit margins, making it challenging for companies to invest in new technologies, research, and development, which are crucial for improving fuel efficiency and reducing environmental impacts.Government Group:
From a government perspective, implementing maximum prices can have adverse effects on tax revenues. Taxes on fuel sales contribute significantly to government revenue. If prices are capped, tax income will decrease, impacting the government's ability to fund public services and infrastructure projects. It can also limit the government's ability to incentivize renewable energy sources and reduce environmental pollution.Considering these factors, the introduction of maximum prices in the petrol industry may have unintended consequences such as supply shortages, reduced investment, profitability challenges for businesses, and decreased tax revenue for the government. It is crucial to strike a balance between consumer affordability, industry sustainability, and government revenue to ensure a stable and efficient petrol market.
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Next
13
Post Test: Personal Finances
Select the correct answer from the drop-down menu.
Fill in the correct term to complete the statement.
You can withdraw money from an ATM using your
Reset
Next
Submit Test
Answers
You can withdraw money from an ATM using your Debit card. A card that can electronically transfer money from a bank account at the time of purchase. So, the correct option is A.
What Is a Debit Card?A debit card is a payment card that withdraws money directly from a consumer's checking account when used. Also known as a "bank card" or "debit card", it can be used to purchase goods and services. Alternatively, you can receive cash from an ATM or merchant that allows you to add extra money to your purchase.
In a sense, a debit card functions as a cross between an ATM card and a credit card. Like the former, it can be used to withdraw cash from his ATM at the bank. Or you can shop like the latter. In fact, many financial institutions are replacing simple proprietary ATM cards with debit cards issued by major card payment processors such as Visa and Mastercard. Such debit cards are automatically provided to your checking account.
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The complete question is as follows:
Fill in the correct term to complete the statement.
You can withdraw money from an ATM using your _____.
A. Debit card
B. Credit card
C. Deposit card
PLEASE GIVE ME AN EXPLANATION ON HOW TO DO THIS OR DO IT FOR ME I REALLY NEED THIS SO I CAN PASS
You will assist four of the affected patients or their family members with their concerns regarding the lack of heating, ventilation, and air
conditioning (HVAC) in the maternity ward.
• For each interaction, note the time, describe who is voicing a concern, what the problem is, and the approach you are taking to
assist the customer. Be sure to include in the interaction any source of conflict, and the ultimate resolution.
• You may describe each encounter by writing in a short paragraph format, covering all points of the interaction. Or, you may
describe by using dialogue parts, as you would find in a play.
Answers
Answer:
hii can we be friends
अनुपात के लिए प्रतिशत कैसे प्राप्त करें
अनुपात अक्सर एम: एन या एम / एन के रूप में व्यक्त किए जाते हैं। अनुपात को प्रतिशत के रूप में परिवर्तित करने के लिए, केवल m को n से विभाजित करें और फिर परिणाम को 100 से गुणा करें।
अनुपात को प्रतिशत में बदलने के लिए कदम
रूपांतरण में तीन सरल चरण होते हैं:
चरण 1: पहली संख्या को दूसरी संख्या से विभाजित करें
चरण 2: प्रतिशत में बदलने के लिए 100 से गुणा करें
चरण 3: प्रतिशत प्रतीक जोड़ें (%)
उदाहरण के लिए , यदि अनुपात 12: 4 है, तो इसे प्रपत्र 12/4 में बदल दें, जो एक समीकरण है जिसे हम हल कर सकते हैं। उसके बाद, प्रतिशत प्राप्त करने के लिए परिणाम को 100 से गुणा करें।
12 3 4 = 3 3 × 100 = 300%अनुपात के लिए प्रतिशत को हल करने के लिए समीकरण
The following data are given for good Luck Limited for the calculation of Cost of Capital:
Source
Book Value in Birr
Market Value in Birr
Common Shares
12,000,000
20,000,000
Retained Earnings
3,000,000
-
Preference Shares
3,600,000
3,375,000
Debentures
900,000
1,040,000
Equity: Common shares are priced at Br.125 per share and will be fully subscribed; flotation costs will be Br.5 per share.
II. Dividend: During the previous 5 years, dividends have steadily increased from Br.10.60 to Br.14.19 per share. Dividend at the end of the current year is expected to be Br.15 per share.
III. Preference shares: 15% Preference shares with face value of Br.100 would realize Br.105 per share (net proceed).
IV. Debentures: The Company proposes to issue 11-year 15% bond but the yield on bonds of similar maturity and risk class is 16%; flotation cost is 2%.
Tax: Corporate tax rate is 35%. Ignore dividend tax
A. Determine the Specific (Component) cost of capital for the Good luck.
B. Determine the Weighted Average cost of capital using Book value weight.
C. Determine the Weighted Average cost of capital using Market value weight.
Answers
A. Cost of Debentures is 16%
b. Weight of Debentures is 0.0462 or 4.62%
c. WACC is 0.4459 or 44.59
How to calculate the valueA. Specific (Component) Cost of Capital:
Dividend at the beginning of the 5-year period = Br.10.60 per share
Dividend at the end of the current year = Br.15 per share
Growth Rate = (15 - 10.60) / 10.60 = 0.4151
Cost of Equity = (15 / 125) + 0.4151 = 0.12 + 0.4151 = 0.5351 or 53.51%
Cost of Preference Shares = Dividend Rate / Net Proceeds per Share = 15 / 105 = 0.1429 or 14.29%
The cost of debentures is equal to the yield on similar bonds of maturity and risk class.
Yield on Similar Bonds = 16%
Cost of Debentures = Yield on Similar Bonds = 16%
B. Total Book Value = Common Shares (Book Value) + Retained Earnings + Preference Shares + Debentures
= 12,000,000 + 3,000,000 + 3,600,000 + 900,000
= 19,500,000
Weight of Equity = (Common Shares (Book Value) + Retained Earnings) / Total Book Value
= (12,000,000 + 3,000,000) / 19,500,000
= 15,000,000 / 19,500,000
= 0.7692 or 76.92%
Weight of Preference Shares = Preference Shares / Total Book Value
= 3,600,000 / 19,500,000
= 0.1846 or 18.46%
Weight of Debentures = Debentures / Total Book Value
= 900,000 / 19,500,000
= 0.0462 or 4.62%
C WACC = (Weight of Equity * Cost of Equity) + (Weight of Preference Shares * Cost of Preference Shares) + (Weight of Debentures * Cost of Debentures)
= (0.7692 * 0.5351) + (0.1846 * 0.1429) + (0.0462 * 0.16)
= 0.4120 + 0.0265 + 0.0074
= 0.4459 or 44.59
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Please post about a time when your attitude made a positive difference.
Answers
Developing a positive mindset at work can help you achieve success. It has happened for me several times in my career.
One of the instances I'd like to tell is when I was vying for the position of manager in my workplace as an employee.
In a telecom company, I managed the sales department. I had been working there for 7 years with no success; three of the employees put in less time than I did yet managed to get the top position. I was demotivated by the thought that perhaps there is something I am not doing correctly when I repeatedly lost the post to them. Even though my sales figures were strong, luck evaded me in some way.
Since there had been no advancement, it had been ten years. Nonetheless, I never wavered from my commitment to keep trying. I consistently adhered to the fundamentals and worked to become a better seller. My sales started to rise considerably.
Ultimately, the figures were significant enough to turn the proper heads. Finally, I received a promotion, but guess what? It was to the position of Area Retail Head, which is much more important than Manager. While it took ten years, I am still happy with my accomplishments. It's still as delicious as it was before.
Therefore, being positive in all those years, not looking back or getting discouraged paid dividends and made a huge difference in my life.
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The primary purpose of accounting is to
A. report financial information
B. generate company profits
C. keep financial records
D. stop fraud and neglect
Answers
Answer:
C. keep financial records
A preparation outline is used to help organize the speaker's thoughts, ideas, and information. What is the purpose of a presentation outline? Question 14 options:
a. A presentation outline is used to provide copies of the speech to each member of the audience.
b. A presentation outline is used to present only the key points of a speech.
c. A presentation outline helps the speaker remember what to say during his or her speech.
d. A presentation outline is used to explore different patterns of organization.
Answers
The purpose of a presentation outline is to help the speaker organize and structure their speech in a clear and logical manner.The outline can also be used to help the speaker remember what they want to say during the presentation, allowing them to focus on delivering the content effectively without worrying about forgetting important details. The correct option is c.
The outline provides a framework for the content that will be presented, ensuring that all important points are covered and that the content is loaded with relevant information. Additionally, a presentation outline can be helpful for the audience as well, providing them with a clear roadmap of what to expect during the presentation and allowing them to follow along with ease.
While it may not be necessary to provide copies of the outline to each member of the audience, having a clear and organized presentation can make a big difference in how well the content is received and understood. Overall, a well-prepared presentation outline is an important tool for any speaker looking to deliver a successful and engaging presentation. The correct option is c.
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Charging a license fee for access to a fishery will ... a) result in no change in total harvest levels. b) result in harvest levels equal to the maximum sustained yield. c) reduce harvest levels towards the economic optimum. d) result in harvest levels at the open-access equilibrium. e) result in increased entry into the fishery.
Answers
Answer:
c) reduce harvest levels towards the economic optimum.
Explanation:
An individual transfer rights (ITR) system can be defined as a system in which the government of a particular country gives each fishing vessel or owner a specific percentage of the total fish allowable to be caught each year.
Licensing can be defined as a strategic business approach, which involves a company giving permission (license) to another company so it has the right to produce or manufacture its products, usually for a specific amount of money.
When a license fee is charged by a licensor for access to a fishery, it will significantly reduce harvest levels towards the economic optimum, where neither a smaller nor a larger factor would yield any form of advantage.
This ultimately implies that, a license fee would serve as a limiting factor that prevents or limits the number of people going into fish farming and as a result of this, the total amount of fish that would be harvested would be smaller.
Megg Stallion wants to open an account with a balance of about 300, issued checks 50, and makes 6 deposits each month. Which bank(s) will be most fitting if she expects to always maintain a minimum of her monthly contribution and does not mind spending at most $6 per month
Answers
Answer: Regular checking account with a monthly fee $4 for an unlimited number of checks,no monthly balance required and no interest earning.
Explanation:
I searched further online and got the options. The correct option will be "Regular checking account with a monthly fee $4 for an unlimited number of checks,no monthly balance Required and no interest earning"
Since Megg has an opening balance of 300, she can't open a account that requires a minimum balance of 400. Likewise, it'll be unwise to charges $6 monthly when the balance in the account falls below 300.
Therefore, she should open this account with a monthly fee of $4 and no minimum monthly balance required since the cost of keeping the account is cheaper and better than others.
how can I create a new business?
Answers
Find a business idea. Which is the easiest business to start?
Write a business plan. A strong business plan can help you prepare for every aspect of your business.
Choose a Name.
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Build a Website.
g. The net income attributed or residual to the land is estimated to be $44,000. Land value is estimated to be stable. What is the value of the land if the yield rate is 8%
Answers
The amount of the Value of land will be $550,000.
The formula to use to derive the Value of land is {Annual estimated income from the land / Yield rate}
Given Information
Annual estimated income from the land = $44,000
Yield rate = 8%
Value of land = $44,000 / 8%
Value of land = $44,000 / 0.08
Value of land = $550,000
Hence, the amount of the Value of land will be $550,000.
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Causwell Company began 2021 with 13,000 units of inventory on hand. The cost of each unit was $6.00. During 2021 an additional 30,000 units were purchased at a single unit cost, and 23,000 units remained on hand at the end of 2021 (20,000 units therefore were sold during 2021). Causwell uses a periodic inventory system. Cost of goods sold for 2021, applying the average cost method, is $150,000. The company is interested in determining what cost of goods sold would have been if the FIFO or LIFO methods were used.
1. Determine the cost of goods sold for 2021 using the FIFO method. [Hint: Determine the cost per unit of 2021 purchases.] (Do not round intermediate calculations.)
Answers
The cost of Goods Sold - FIFO is 120000 and the cost of Goods Sold - LIFO is 120000.
How is the cost of goods sold for 2021 using the FIFO method calculated?Per Unit Average Cost:
= Cost of Goods Sold with Average Cost ÷ Total Units Sold
= 150,000 ÷ 20,000
=7.5
Cost of Goods Available for Sales:
= (Total of Inventory + Purchased Units) × Per Unit Average Cost
= 43,000 × 6.00
= 258000
Cost of Units Purchased in 2021:
= Cost of Goods Available for Sale - Opening Inventory × Unit Cost
=258000 - 13,000 ×6
=180000
Per Units Cost of Units Purchased in 2021:
= Cost of Units Purchased in 2021 ÷ Total Units Purchased
= 180000 ÷ 30,000
= 6
Part 1:
Cost of Goods Sold - FIFO
Cost of Goods Sold:
= (Opening Inventory × Unit Cost) + (30,000 - 23,000) × Per Units Cost of Units Purchased in 2021
= 13,000 × 6 + 7,000 × 6
= 120000
Part 2:
Cost of Goods Sold - LIFO
Cost of Goods Sold:
= units sold in 2021 × Per Units Cost of Units Purchased in 2021
= 20,000 × 6.00
= 120000
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the upscale hotel chain hilton wants to compare its growth to another benchmark company. what company should it compare itself to?
Answers
The upscale hotel chain Hilton should compare its growth with Marriott which is also an upscale hotel chain.
Operations in hotels can vary in size, purpose, complexity, and expense. To categorize different hotel kinds, the majority of hotels and significant hospitality organizations have established industry standards. Luxury facilities, full-service lodging, an on-site restaurant, and the greatest level of individualized attention, such as a receptionist, room service, and employees to press clothes, are all features of an upscale full-service hotel facility. In addition to numerous full-service rooms, an on-site full-service cafeteria, and a number of other on-site amenities, full-service hotels frequently have luxury full-service facilities. Smaller, independent, non-branded hotels known as "boutique hotels" frequently have luxury amenities. Small to medium-sized hotels only provide a few amenities on the premises.
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(all data in real $ bn). Assume a fixed price, open economy model with government. If AEx1440 + 0.62 Y, what is the equilibri
level of Y? (if needed, round to one decimal).
a. 3789.5
b. 2322.6
c. 1447.4
d. 1625.8
e. 3031.6
Answers
Answer:
a.3789.5
Explanation:
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how often do you rely on your time management skills to meet deadlines
Answers
Answer:
I usually rely on time management skills to meet deadlines all the time. If I look into my calendar I just see what's due first and then do only that work. commonly we have relied on google and to tell us what's do... especially online with so many assignments due at different times it could be very useful.
Explanation:
Melanie’s partially completed schedule a, itemized deductions is shown below. Given the adjusted gross income limitation, what amount can she deduct for eligible medical and dental expenses
Answers
The Schedule A, Itemized Deductions, for Melanie is displayed below. Her deduction for allowable medical and dental costs is limited to $2,260 (Option C) due to the adjusted gross income cap.
How can I figure out my gross income?If you are paid annually, performing the computation is not too difficult. Just to be clear, gross income is the total of your earnings before any deductions for taxes or other expenses.
The presentation of annual compensation is typically done in this manner. Simply divide the total amount of money you receive (your pay) throughout the course of the year by the number of months.
In conclusion, the Schedule A, Itemized Deductions, section of the tax return that Melanie has already finished is displayed below. The highest amount she is allowed to deduct for her eligible medical and dental charges is $2,260 due to the limitation imposed by the adjusted gross income.
Hence, option (C) is accurate.
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Melanie's partially completed Schedule A, Itemized Deductions, is shown below. Given the adjusted gross income limitation, what amount can she deduct for eligible medical and dental expenses?
(A) $0
(B) $1,603
(C) $2,260
(D) $2,583
Give a minimum of three reasons why cover letters are important.
Answers
Answer:
1. Cover letters can prove that you're a serious candidate for the job.
2. It can showcase how your unique skills and experience meet the key requirements of the job description.
3. It gives more of a background knowledge of who you are.
Explanation:
Answer:
- Demonstrates professionalism and initiative
- Expands upon the main idea in the résumé
- Goes in-depth about experiences and skills
- Shows employer a glimpse of the applicant’s personality
- Opportunity to show company and industry knowledge
- Provides a sample of written communication skills
Explanation:
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3. How did followers in this case act in ways that contribute to the power of destructive leaders and their goals? What was the debilitating impact their actions had on the organizations?
Answers
The followers in the Penn State Sexual Abuse Scandal acted in ways that contributed to the power of the destructive leader and his goals.
How did followers contributed to power of the destructive leader?Jerry Sandusky was convicted of sexually abusing multiple young boys over a period of several years which has erupted following Sandusky's arrest revealed a pattern of behavior in which followers including university officials and members of the football program.
This rruption enabled Sandusky's abusive behavior by ignoring or covering up reports of misconduct. In some cases, individuals who spoke out against Sandusky's behavior were ostracized or punished for challenging the status quo. This pattern of behavior allowed Sandusky to continue his abuse unchecked and contributed to the power he held over those around him.
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