a pull system is a production system in which actual downstream demand sets off a chain of events that pull material through various steps in the production process.

The two accounts involved in this transaction are Cash and Common Stock. Thus the correct option is D.

A stockholder is referred to as an individual who purchases the stock of any company and holds the authority of selling that stock. The stockholders who own a higher percentage in any company will receive voting rights.

A remaining right to a company's present and future earnings is represented by its common stock. In the account of this, shareholders are referred to as co-owners of a business.

In the given case,  Mars electronic companies receive cash from the stockholder and issue common stock to him refer as a transaction of Cash and Common Stock

Therefore, option D is appropriate.

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Answer:

(a) update depreciation for 2018

Debit ; Depreciation $10,800

Credit Accumulated Depreciation  $10,800

(b) record the sale

Debit : Cash $12,960

Debit : Accumulated Depreciation $62,100

Credit : Profit and Loss $10,260

Credit : Equipment at Cost $64,800

Explanation:

(a) update depreciation for 2018

Recognize deprecation

(b) record the sale

Recognize proceeds from sale and profit or loss from sale

The price an investor pays to purchase an outstanding bond is typically referred to as the "purchase price" or "transaction price." This price is determined by various factors, including the bond's face value, coupon rate, current market interest rates, and the remaining time to maturity.

When a bond is traded on the secondary market, its price may differ from its face value. If the bond's coupon rate is higher than the prevailing market interest rate, the bond may be sold at a premium, meaning the purchase price will be higher than the face value. Conversely, if the coupon rate is lower than the market interest rate, the bond may be sold at a discount, and the purchase price will be lower than the face value.

The purchase price of a bond is influenced by supply and demand dynamics, credit rating changes, economic conditions, and investor sentiment. It is important for investors to consider these factors when determining the price they are willing to pay for an outstanding bond in order to achieve their desired yield or return on investment.

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Answer:

going out to eat,

Explanation:

In this scenario, the opportunity cost would be going out to eat, which is what you are giving up doing. Opportunity cost is just that, whatever you give up in order to accept another opportunity between two or more choices. In this scenario, the two choices were going to the movies or going out to eat, since you chose to go to the movies your opportunity cost was going out to eat. If you would have chosen to go out to eat, then your opportunity cost would have instead been going to the movies since you gave that up.

To compute the Olds' net tax payable (or refund due) for 2019, we need to gather all the relevant information and calculate their taxable income, apply the appropriate tax rates, deductions, and credits. Since the tax calculation involves various factors and tax laws, it would be best to use tax software such as ProConnect Tax Online or consult with a tax professional. The software will streamline the process and ensure accurate calculations based on the specific tax laws and regulations applicable to the Olds' situation.

Answer:

The correct ways to prepare a customer's change over the counter are:

Explanation:

1. In the cash drawer, store each denomination together in a section

2. As you receive cash, straighten them out and arrange them uniformly. Let every bill be faced in the same direction.

3. Deduct the total price of goods bought from the total amount handed to you by the customer.

4. The result from the above calculation is the customer's change.

5. Peek into the cash drawer and neatly pick out the notes or bills that make up this amount.

6. Carefully replace the shifted bills or coins in the drawer.

7. Place your hands on the desk or in sight of the customer and count the change for them to see.

8. Hand it over to the customer!

The following answers are based on a monopoly economy.

A monopoly, as defined by Irving Fisher, is a market with "no competition," resulting in a scenario in which a certain individual or organization is the exclusive supplier of a given product.

To arrive at answer a, we need to recall that the equilibrium of a monopolist is when the Marginal Cost equals the Marginal Revenue and the Marginal Cost Curve (MC) cuts the Marginal Revenue Curve (MR ) from below.

At this point, the equilibrium output is 100, and the equilibrium price is $ 10 for every unit of production.

For the answer is b, given that the firm is producing 100 units of goods at an average total cost of $7.5 (derived from the point that aligns with MR = MC), therefore,

Total Cost   = Equilibrium Output * ATC (Average Total Cost)

= 7.5 * 100

= $750

To arrive at answer c,
Recall that Economic profit is the difference between the money collected from the sale of a product and the expenses of all inputs utilized, as well as any opportunity costs, is the economic profit or loss.

Hence, Economic Profit = Total Revenue (TR) Less Total Cost (TC)

= $1000 - $ 750

= $250

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Answer:

yess omg correct babe

Explanation:

Answer:

A. It is removed entirely.

Explanation:

After the equipment has been sold,  entries are made to remove it from the balance sheet. The equipment is not an asset of the business anymore hence should not appear in the balance sheet. one equipment is sold, the accountant needs to update its accumulated depreciation and determine its book value.  

Journal entries are posted to completely remove the accumulated depreciation from the books and the balance sheet.

The primary advantages to choosing a sole proprietorship is that there is no separate legal entity from the ownership.

Asole proprietorship serves as a type of business which is been owned and controlled by single entity, in this type of business, there is no partnership.

In this type of business, the ownership is the same with the legal identity.

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Answer:

school

private

University

After accounting for all the given information, H Ltd had a balance of Shs. 314,979 carried to the balance sheet, while S Ltd had a balance of Shs. 163,310 carried to the balance sheet.

Based on the given Profit & Loss accounts, H Ltd has a gross profit of Shs. 560,000 and a net profit of Shs. 320,000, while S Ltd has a gross profit of Shs. 520,000 and a net profit of Shs. 240,000.

H Ltd acquired 3000 equity shares in S Ltd on October 1st, 2010, and sold goods to S Ltd costing Shs. 60,000 for Shs. 80,000 during the year, with one fourth of the goods remaining unsold on March 31st, 2011, and included in S Ltd's closing stock at cost.

H Ltd's commission and rent credited to the profit & loss account includes Shs. 40,000 and Shs. 10,000 received from S Ltd, respectively.

It is also known that H Ltd acquired debentures on April 1st, 2009, but no further information is given.

The Profit & Loss accounts also show that H Ltd proposed a dividend of Shs. 90,000, while S Ltd paid a preference dividend of Shs. 40,000.

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Answer:

Net Realizable Value

A $450

B $430

C $640

D $1,000

OR

Net Lower of Cost or NRVA

A $450

B $430

C $640

D $1,000

Explanation:

Calculation for the amount that each of the four desks should appear in the company’s December 31, 2020

Using this formula

Net Realizable Value = Catalog selling price in the year 2021 - Estimated costs to complete and sell.

Item Cost NET REALIZABLE VALUE

A =(47*10 desks) 470 450(50*10desks-5*10desks)

B =(45*10 desks)450 430(54*10desks-11*10desks)

C =(83*10 desks)830 640(90*10desks-26*10desks)

D =(96*10 desks)960 1,000(120*10desks-10*10desks)

OR

Item Cost NET LOWER OF COST or NRVA

A =(47*10 desks) 470 450(50*10desks-5*10desks)

B =(45*10 desks)450 430(54*10desks-11*10desks)

C =(83*10 desks)830 640(90*10desks-26*10desks)

D =(96*10 desks)960 1,000(120*10desks-10*10desks)

THEREFORE the amount that each of the four desks should appear in the company’s December 31, 2020 will be :

NET REALIZABLE VALUE

A $450

B $430

C $640

D $1,000

OR

NET LOWER OF COST or NRVA

A $450

B $430

C $640

D $1,000

Based on the Lower-of-FIFO-cost-or-net realizable value (LCNRV), the items will be stated in inventory at December 31, 2020 as follows:

Item A: $500

Item B: $540

Item C: $900

Item D: $1,160.

Data and Calculations:

                                                                A         B            C           D

2020 catalog selling price                 $45     $48         $90     $105

FIFO cost per inventory list 12/31/20   47        45           83        96

Estimated cost to complete and sell     5         11           26         20

Total production costs                        52       56         109        116 ($96 + $20)

2021 catalog selling price                   50       54           90        120

Lower-of-FIFO-cost-or-net realizable

  value (LCNRV)                                  50       54           90        116

Items in inventory                                 10        10            10         10

Total value of inventory                $500  $540      $900   $1,160

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The computations of Cruz Company's current ratio, inventory turnover, and days' sales in inventory for Year 2, are as follows, using:

                                    (a) LIFO numbers           (b) FIFO numbers

1. Current ratio  =                    1.73                               2.11

2. Inventory turnover =           3.57x                           2.81x

3. Days' sales in inventory =  102.1 days        129.7 days

The current ratio is computed by dividing the current assets by the current liabilities.

The inventory turnover ratio is the cost of goods sold divided by the average inventory.

The days' sales in inventory is the average inventory divided by the cost of goods sold and multiplied by 365 days.

                                                Year 2          Year 1

LIFO inventory                        $260           $210

Average LIFO inventory for Year 2 = $235 ($260 + $210)/2

LIFO cost of goods sold           840            780

FIFO inventory                          330            235

Average FIFO inventory for Year 2 = $282.5 ($330 + $235)/2

FIFO cost of goods sold          795             780

Current assets (using LIFO)    320             290

Current assets (using FIFO)    390              315

Current liabilities                      185              165

The actual computations of Cruz Company's current ratio, inventory turnover, and days' sales in inventory for Year 2, are as follows, using:

               (a) LIFO numbers                     (b) FIFO numbers

1. Current ratio = Current Assets/Current Liabilities

                  =  1.73 ($320/$185)                2.11 ($390/$185)

2. Inventory turnover = Cost of goods sold / Average Inventory

                 = 3.57x ($840/$235)              2.81x ($795/$282.5)

3. Days' sales in inventory = Average Inventory/Cost of goods sold x 365

            = 102.1 days ($235/$840 x 365)  129.7 days ($282.5/$795 x 365)

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The financial crisis in 2008 could've been avoided in some ways by Regulating the housing market, Proper regulation banks and financial institutions, Introduction of better accounting standards, Encouraging greater transparency, and Regulating credit rating agencies.

The global financial crisis of 2008 was a significant economic event that had a far-reaching impact on the worldwide economy. The crisis resulted in the collapse of numerous leading financial institutions, which led to unprecedented losses in the stock market, a decline in economic growth, and high levels of unemployment. It is commonly believed that the crisis could have been avoided if appropriate measures had been taken at the right time.

Here are some ways the financial crisis in 2008 could have been avoided:

1. Regulating the housing market: The financial crisis of 2008 originated from the housing market collapse. Banks and financial institutions had given loans to people who could not afford them, and when the housing bubble burst, a massive number of mortgages went into default. If the government had regulated the housing market more effectively, the financial institutions would not have been able to give out loans to risky borrowers, and the housing market would not have collapsed.

2. Proper regulation of banks and financial institutions: If banks and financial institutions were regulated more effectively, they would not have been able to engage in risky financial practices that led to the crisis. Regulators would have spotted the risky activities early on and would have been able to take corrective action before it was too late.

3. Introduction of better accounting standards: During the financial crisis of 2008, banks and financial institutions engaged in creative accounting practices to hide their losses. This deception made it difficult to ascertain the real situation of the banks and financial institutions, leading to a lack of confidence in the market. If better accounting standards had been introduced, this could have been avoided.

4. Encouraging greater transparency: The financial crisis of 2008 was partly caused by a lack of transparency in the market. If regulators had encouraged greater transparency, there would have been more information available to investors, which could have led to greater confidence in the market.

5. Regulating credit rating agencies: Credit rating agencies played a significant role in the financial crisis of 2008. They gave high ratings to toxic financial products, which misled investors and led to the collapse of the market. If credit rating agencies were regulated more effectively, they would not have been able to give high ratings to risky products, and the market would have been more stable.

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Answer:

A charter is a legal document that formally establishes a corporate entity. Charters are issued by national or provincial governments.

Explanation:

The incorporator oversees setting up the company, prepares and files the charter, and supervises the creation of other corporate documents.  The business may also propose an amended charter if the number of directors changes, the board members themselves change, or the corporation moves its primary location.

Answer:

cash flow, goodluck to you

Answer:

Any firm needs data management and digital transformation, but the banking sector especially needs them. They may be able to minimize the stress associated with managing business activity through the digitalization of the working system, including the load caused by a substantial number of financial instruments and loans that are performing poorly or not at all. The bank is able to boost its competitiveness against other banks in the same industry while maintaining its competencies. Societe Generale was better prepared than its rivals to address the demands for data of today by controlling and utilizing the potential of its data (Societe Generale).

Societe Generale needs an intelligent system to manage the data it collects from its consumers since it has chosen a universal banking model, a one-stop shop to satisfy customers' wishes and needs. It operated in three different banking sectors: retail banking for individual customers, international banking for corporate clients, and investment banking for affluent clients and other capital sources including pension funds, insurance companies, and sovereign off-shore funds. The use of sophisticated systems ensures that the bank's business operations run properly.

Answer:

The answer to this question can be defined as follows:

Explanation:

In part A

When Most citizens can't deductible in tax and their daily IRA donation, when the revenue is higher then all thresholds refer to specific levels. So, It can also pay to save for a non-deductible IRA to your withdrawal. Even if your IRA is not exempt.  

Regulations on IRA Revenue:

When a company provides individuals or their spouse has been decided to hire by users have a 401(k) or 403(b) employee withdrawal account, experience some IRA depreciation contribution limits donations.  

For an alternative to Roth IRA:  

Most individuals have incomes above limits and the  Roth IRA may indeed meet the criteria for a frequent IRA tax benefit and the higher level donation.

In part B

I will also take a glance at the answer from a tax viewpoint if a competent payment decreases subject to tax salaries and further decreases taxable income. It is a great way for both management and workers and employers receive big profits without taxation. Its value of a qualified retirement benefit provided for both the worker increases the amount that can be spent on behalf of the company by providing an eligible program.

1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.

Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.

This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.

In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.

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Answer:

1. 511000

2. 221844

3. 2 percent

4.26150

5. 758994

6.250150

7.  11185

8. 261335

9. 758994

10. Litmus stock(18,000) checking account(15,250) Savings account(188,594)

Explanation:

Answer:

Sole ownership will be the best for the coffees business

Explanation:

This is because opening a coffee shop comes with the individual usually having a very great deal of passion for it. The recipes for the coffee would also be best suited to a person who prepares it in his/her unique way.

The coffee shops mostly comes with a reasonably average degree of profitability and lower risks due to a low degree of wastage or spoilage and it being very easy to make so it’s best owned by a single person to cut cost and avoid profit sharing .

For Wong's Hardware, the balance in owner's equity is $20,920.

A statement of owner's equity is a one-page report that displays the difference between total assets and total liabilities, as well as the total value of owner's equity.

The snapshot depicts the flow of money through a company over a specific time period or bookkeeping period.

The statement of owner's equity is as follows:

                                    Wong's Hardware

                             Statement of owner's equity

                     for the month ended December 31, 20X1,

Han Wong, Capital, December 1, 20X1                                 16,670

Add: Net income                                                                      7800

Less: Drawing                                                                          (3550)

Ending owner's equity                                                           20,920

Therefore, in the Wong's Hardware, the statement of owner's equity is $ 20,920.

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Taylorism underlines the conventional construction, order of the executives, the specialized prerequisites and the supposition of judicial way  of behaving is a genuine assertion.

judicial way , Arrangement of logical administration upheld by Fred W. Taylor. In Taylorism view, the assignment of processing plant the executives was to decide the most effective way for the laborer to finish the work, to give the appropriate apparatuses and preparing, and to give motivations to great execution.

He separated each occupation into its singular movements, examined these to figure out which were fundamental, and planned the specialists with a stopwatch.

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The Maslow hierarchy of need helps marketers to create various marketing strategies because its already provides a way of evaluating the customers' motivations beyond what raw data will give.

The psychological theory established the motivation theory that models the 5 categories of human needs that helps to dictate an individual's behaviour.

The needs of human according to the Maslow Hierarchy includes Self-actualization, Esteem need, love and belonging need, safety need and physiological needs.

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Answer:

The Shift from Artisan to Factory Worker and the Factory System

a) The Shift from Artisan to Factory Worker:  Earlier, people produced everything they needed by their own hands.  Food production was limited to subsistence level as every household owned farms on which they cultivated the food the family required.  The artisan worked alone to handcraft tools and other ornamental works.

But, all this changed with the invention of the steam engine.  Following the improved systems of transportation with steamboats, travelling was enhanced.  Gradually, production processes were mechanized.  Factories started springing up in concentrated areas near water channels.  People left their rural areas to live near the factories in towns and cities.  With the birth of the factory system, goods were mass-produced and could be sold in markets farther from the factory towns.

It was the age of industrialization, trade unionization, assembly line production, scientific management, and now complete automation of processes with robots replacing manual labor.  It has been a long way.

b) Advantages of the Factory System:

c) Disadvantages of the Factory System:

Explanation:

The factory system encourages a method of manufacturing through the use of machines, automation, and division of labour. It gave rise to urbanization, transportation efficiency, and globalization.