Callas Corporation paid $380,000 to acquire 40 percent ownership of Thinbill Company on January 1, 20X9. The amount paid was equal to Thinbill’s underlying book value. During 20X9, Thinbill reported operating income of $45,000 and income of $20,000 from gains on derivative contracts that were designated as cash flow hedges, so these gains were reported in Other Comprehensive Income (OCI). Thinbill paid dividends of $9,000 on December 10, 20X9.
Required:
a. Give all journal entries that Callas Corporation recorded in 20X9, associated with its investment in Thinbill Company.
b. Give all closing entries at December 31, 20X9, associated with its investment in Thinbill Company.
Answers
Answer: Please refer to Explanation
Explanation:
A.
January 1 20X9
DR Investment in Thinbill Company $380,000
CR Cash $380,000
(To record Investment in Thinbill Company)
DR Investment in Thinbill Company $18,000
CR Income from Thinbill Company $18,000
(To record income from Thinbill company)
DR Investment in Thinbill Company $8,000
CR Unrealised gain on Investment $8,000
(To record share of OCI reported by Thinbill Company)
DR Cash $3,600
CR Dividend $3,600
(To record dividend received from Thinbill Company)
Workings
Income from Thinbill Comapny
Callas owns 40% of Thinbill company and so is entitled to 40% of income which is,
= 40% x 45,000
= $18,000
Dividends
= 9,000 x 40%
= $3,600
Unrealised Gain on Income
= 20,000 x 40%
= $8,000
b. The closing entries are as follows,
DR Income from Thinbill Company $18,000
CR Retained Earnings $18,000
(To recognise income from Thinbill Company)
DR Unrealised Gain on Investment $8,000
CR Accumulated OCI Income from Investee (Thinbill Company) $8,000
(To record accumulated OCI income)
Related Questions
What is a benefit of a command economy?
Answers
A command economy is one in which a centralized government manages the means of production. This has benefits and drawbacks compared to free-market economy where output, pricing are set by supply and demand.
What are a command economy's benefits and drawbacks?Advantages and Drawbacks of the Command Economy. You can cast a vote for products you like in market economies by purchasing them.
What is the standard of living in a command economy?The entire government's resources are always available in a command economy. In an emergency, like a natural disaster, it is possible to respond to the population's needs more quickly than in other economies.
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The following transactions occurred during July: Received $930 cash for services provided to a customer during July. Issued common stock for $2,600 cash. Received $780 from a customer in partial payment of his account receivable which arose from sales in June. Provided services to a customer on credit, $405. Borrowed $6,300 from the bank by signing a promissory note. Received $1,280 cash from a customer for services to be performed next year. What was the amount of revenue for July
Answers
Answer:
the amount of revenue for the july month is $1,335
Explanation:
The computation of the amount of revenue for the july month is shown below:;
= Cash received from the service provided to the customer + provided the service to the customer on credit basis
= $930 + $405
= $1,335
Hence, the amount of revenue for the july month is $1,335
The same would be relevant
Whether to pay a lawmaker for giving a speech at your company is an ethical
dilemma that deals with
O A. lobbying
B. awarding honoraria
c. professional standards
D. gift giving
Answers
Answer: D
Explanation:
Answer:
D. gift giving
Explanation:
Precision Systems manufactures CD burners and currently sells 18,500 units annually to producers of laptop computers. Jay Wilson, president of the company, anticipates a 15 percent increase in the cost per unit of direct labor on January 1 of next year. He expects all other costs and expenses to remain unchanged. Wilson has asked you to assist him in developing the information he needs to formulate a reasonable product strategy for next year.
You are satisfied that volume is the primary factor affecting costs and expenses and have separated the semivariable costs into their fixed and variable segments. Beginning and ending inventories remain at a level of 1,000 units. Current plant capacity is 20,000 units. The following are the current-year data assembled for your analysis.
Sales price per unit $100
Variable costs per unit:
Direct materials $10
Direct labor $20
Manufacturing overhead and selling and administrative expenses 30 60
Contribution margin per unit (40%) $40
Fixed costs $390,000
Required:
a. What increase in the selling price is necessary to cover the 15 percent increase in direct labor cost and still maintain the current contribution margin ratio of 40 percent?
b. How many units must be sold to maintain the current operating income of $350,000 if the sales price remains at $100 and the 15 percent wage increase goes into effect?
c. Wilson believes that an additional $700,000 of machinery (to be depreciated at 20 percent annually) will increase present capacity (20,000 units) by 25 percent. If all units produced can be sold at the present price of $100 per unit and the wage increase goes into effect, how would the estimated operating income before capacity is increased compare with the estimated operating income after capacity is increased? Prepare schedules of estimated operating income at full capacity before and after the expansion.
Answers
a. An increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.
b.The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The required sales volume is 18,500 units.
c. The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units
a. To maintain the current contribution margin ratio of 40 percent, the selling price per unit needs to be increased by 20 percent [(15 percent wage increase) / (current contribution margin ratio)].
Therefore, an increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.
b. To maintain the current operating income of $350,000, the number of units that must be sold can be calculated using the contribution margin ratio.
The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The formula for calculating the required sales volume is:
(Number of units) = (Fixed costs + Desired operating income) / Contribution margin per unit
Plugging in the values, we have:
(Number of units) = ($390,000 + $350,000) / $40 = 18,500 units
c. Before the capacity expansion, the estimated operating income can be calculated using the current production and sales volume of 18,500 units.
The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units.
The schedules of estimated operating income at full capacity before and after the expansion can be prepared by multiplying the respective sales volumes with the contribution margin per unit and subtracting the fixed costs and the wage increase.
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Judge made laws are known as
Answers
In law, common law (also known as judicial precedent or judge-made law, or case law) is the body of law created by judges and similar quasi-judicial tribunals by virtue of being stated in written opinions. The defining characteristic of “common law” is that it arises as precedent.
Which part of the result block should you evaluate to determine the Needs Met rating for that result?
True False
You always need to evaluate both the block and the landing page.
True
False
For a Special Content Result Block, you only need to evaluate the content inside the block and nothing else.
O True
False
For a Web Search Result Block, in most cases you should evaluate just the content inside the block.
O True
False
For a Special Content Result Block, evaluate the content inside the block. You may also need to evaluate the landing page as well in some cases.
Answers
You always need to evaluate both the block and the landing page. It is False
For a Special Content Result Block, you only need to evaluate the content inside the block and nothing else. It is True
For a Web Search Result Block, in most cases you should evaluate just the content inside the block. It is True
For a Special Content Result Block, evaluate the content inside the block. You may also need to evaluate the landing page as well in some cases. It is True
How to Know if the Needs met for the resultThe answer is False because while it is important to evaluate both the block and the landing page in some cases, it is not always necessary to do so, depending on the type of search result and the specific evaluation criteria being used.
For a Special Content Result Block, there is always need to evaluate both the content inside the block and the landing page to know the Needs Met rating for that result, depending on the specific evaluation criteria being used.
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As a market moves from a single seller to a competitive one, a product's price _____.
stays the same
increases
decreases
Answers
Answer:
Decreases
Explanation:
1. Supplies on hand are valued at $1,760.
2. Accrued salaries payable are $550.
3. Depreciation for the month is $275.
4. $715 of services related to the unearned service revenue has not been performed by month-end.
Journalize the adjusting entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Answers
Answer:
Dr Supplies Expense $1,760
Cr Supplies $1,760
Dr Salaries and Wages Expense $550
Cr Salaries and Wages Payable $550
Dr Depreciation Expense $275
Cr Accumulated Depreciation Equipment $275
Dr Unearned Service Revenue $715
Cr Service Revenue $715
Explanation:
Preparation of the adjusting entries.
Dr Supplies Expense $1,760
Cr Supplies $1,760
Dr Salaries and Wages Expense $550
Cr Salaries and Wages Payable $550
Dr Depreciation Expense $275
Cr Accumulated Depreciation Equipment $275
Dr Unearned Service Revenue $715
Cr Service Revenue $715
introduction of business presentation on investment: securities
Answers
Securities play a vital role in modern investment portfolios, providing individuals and organizations with opportunities to grow their wealth and achieve their financial goals.
Securities are financial instruments that represent ownership or a creditor relationship with a corporation, government, or other organizations. They are tradable assets, such as stocks, bonds, mutual funds, and exchange-traded funds (ETFs).
The primary goal of investing in securities is to generate returns through capital appreciation, income generation, or a combination of both. By investing in securities, individuals and businesses can diversify their portfolios, mitigate risks, and potentially earn higher returns than traditional savings accounts.
Securities offer various advantages to investors. Stocks provide an ownership stake in a company, offering potential capital gains and dividend income. Bonds, on the other hand, represent loans made to governments or corporations and offer fixed interest payments. Mutual funds and ETFs enable investors to pool their money and gain exposure to a diversified portfolio managed by professionals.
Investing in securities requires careful consideration of individual risk tolerance, investment horizon, and financial objectives. It is crucial to conduct thorough research, analyze market trends, and seek professional advice when making investment decisions.
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Smores Co. Smores Co. produces and sells many camping products. The company has just opened a new plant to produce a cushy sleeping bag that will be marketed throughout the United States. The following cost and revenue data relate to May, the first month of the plant's operation: Beginning inventory 0 Units produced 47,000 Units sold 42,000 Selling price per unit $81 Selling and administrative expenses: Variable per unit $2 Fixed (total) $561,000 Manufacturing costs: Direct materials cost per unit $17 Direct labor cost per unit $8 Variable manufacturing overhead cost per unit $4 Fixed manufacturing overhead cost (total) $846,000 Management is anxious to see how profitable the new camp cot will be and has asked that an income statement be prepared for May. Assume that the company uses absorption costing. 1) What is the unit product cost
Answers
Answer:
$29
Explanation:
Smores corporation produces and sells many camping products
The following data was recorded during its first month of operation
Selling price per unit= 42,000
Selling and administrative expenses= $81
Units produced = 47000 units
Variable per unit= $2
Total= $561,000
Manufacturing costs
Dirct materials= $17
Direct labor= $8
Variable manufacturing overhead= $4
Therefore the unit of product cost can be calculated as follows
= Direct material + direct labor + variable manufacturing overhead
= $17 + $8 + $4
= $29
Hence the unit of product cost is $29
Discussion 3 - Fiat Money vs Bitcoin
Must post first.
Context Information: Money is anything that is accepted in exchange for goods and services or for the payment of debts. Our current form of money, the dollar, is considered Fiat Money, because it does not have any intrinsic value but is accepted as money because the US government has made it legal tender. The Fiat Monetary system is regulated by the Federal Reserve (The Fed) which is the United States Central Bank. The Fed regulates financial institutions such as banks, and issues the currency. In other words, the Fed controls the amount of money in circulation. It can increase it, or decrease it. This feature makes the Fiat Monetary system a centralized system. In contrast, Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world.
Instructions and Steps:
1. Review the Ongoing Discussion Topic General Instructions > Select this link to Open
2. Access this introductory video on blockchain and cryptocurrencies.
TEDInstitute. (2017, September 22). Blockchain and the Middleman | TED Institute. [Video].
3. View the following TED Talk (video presentations). As you watch the video, take notes of any relevant information.
TEDx. (2020, January 10). What is Money? And Could Bitcoin Be the Best One? | Jad Mubaslat. [Video].
4. In 500 words or more produce an original post that answers the following questions:
According to Jad Mubaslat what are the benefits of a decentralized currency like Bitcoin?
If you had to choose one, which system (centralized fiat money or decentralized Bitcoin) would prefer to have as a form of currency? Explain your rational with examples.
Answers
The essay based on Jad Mubaslat that are the benefits of a decentralized currency like Bitcoin is given below
The benefits of a decentralized currency like BitcoinAccording to Jad Mubaslat, the benefits of a decentralized currency like Bitcoin are numerous. One of the main benefits is that it eliminates the need for intermediaries such as banks, which reduces the cost and time of transactions.
Furthermore, Bitcoin is transparent and has a fixed supply, which makes it less susceptible to manipulation or inflation. The transparency of the system allows for greater accountability and reduces the likelihood of fraud. The fixed supply also helps to prevent hyperinflation, which can occur when governments print excessive amounts of money, thereby reducing its value.
In terms of choosing between the two systems, I would prefer a decentralized system like Bitcoin. The benefits of a decentralized system far outweigh those of a centralized system. Centralized systems like the Fiat Monetary system, which is regulated by the Federal Reserve, can be manipulated by the government and the central authority.
In addition, the centralized nature of the Fiat Monetary system makes it easier for governments to manipulate the economy. For example, the Federal Reserve can increase or decrease the money supply to control inflation, which can have unintended consequences for the economy and the average citizen.
In conclusion, while there are benefits to both centralized and decentralized systems, I believe that a decentralized system like Bitcoin offers greater security, transparency, and control for users. With its numerous benefits, it is clear that Bitcoin is an innovative and promising solution for a modern currency system.
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if your purchases of toothpaste remain constant at 9 units per year when the price of shampoo increases from $8 to $12, all other things equal, for you, shoes and shirts are goods. group of answer choices a. inferior b. unrelated c. substitute d. complementary
Answers
If your purchases of toothpaste remain constant at 9 units per year when the price of shampoo increases from $8 to $12, then, shoes and shirts are Unrelated goods.
b. Unrelated
What are Unrelated goods?Unrelated goods can be described as goods that have no corresponding effect on each other. This often means that the price of one of such goods does not affect the other in any way.
This is seen in the description above, where the shirts and shoes are paired. These two goods are unrelated because the increase in the price of one has no direct bearing on the price and sales volume of the other.
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Calculate the cost of goods manufactured using the following information: Direct materials used $ 298,700 Direct labor used 132,200 Factory overhead costs 264,200 General and administrative expenses 85,700 Selling expenses 49,000 Work in Process inventory, January 1 118,700 Work in Process inventory, December 31 126,100 Finished goods inventory, January 1 232,300 Finished goods inventory, December 31 238,900
Answers
Answer:$687,700
Explanation:
$
Direct Materials 298,700
Add: Direct Labour 132,200
--------------
Prime Cost 430,900
Factory Overhead 264,200
Add: Opening WIP 118,700
Less: Closing WIP 126,100
--------------
256,800
--------------
Cost of Good Manufacture 687,700
----------------
Question 10 of 20
When wili the U.S. Armed Forces provide financial aid?
A. Before, during, and after your service
OB. During and after your service
OC. Before and after your service
D. After you have served two years
Answers
The U.S. Armed Forces will provide financial aid during and after your service. The Option D is correct.
When will U.S. Armed Forces provide financial aid?The Forces offer financial aid during and after your service. This support is available to servicemembers throughout their military career and extends into their transition back to civilian life.
During service, the financial assistance may come in the form of various benefits including housing allowances, educational benefits such as the GI Bill and health care coverage. After completing their service, veterans may be eligible for additional financial aid programs like VA home loans, disability benefits etc.
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Which of the following statement is TRUE?
(1 Point)
Developmental programs improve conceptual skills of managers for the future job.
Training programs improve conceptual skills of nonmanagers for the future job.
Developmental programs improve technical skills of nonmanagers for the current job.
Training programs improve technical skills of mangers for the current job.
Answers
'Developmental programs improve conceptual skills of managers for the future job' is true. The right answer is a.
The goals and content of training and development are different from one another. While "development" refers to a long-term method through which managerial personnel understand conceptual and theoretical knowledge for broad reasons, "training" is a short-term process through which non-managerial personnel acquire technical knowledge and skills for a specific purpose.
Development covers the process through which managers and executives build capacity for both future managing roles as well as skills and competence for their current ones.
The correct answer is option a.
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I will give brainliest and ratings if you get this correct
Answers
Answer:
When the price of a commodity changes the tilt of the budget line of the consumer moves.
Explanation:
he following information is from the materials requisitions and time tickets for job 9 completed by great bay boats. materials requisitions are identified by code numbers starting with the letter m, and the time tickets start with t. estimated (applied) overhead for job 9 is $1,400. date document amount july 1 m-46 $ 1,250 july 1 t-33 600 july 5 m-47 1,000 july 5 t-34 450 july 10 t-35 300 prepare a job cost sheet for job 9, which includes costs for direct materials, direct labor, overhead, and total cost.
Answers
The job cost sheet preparation for Job 9 for Great Bay Boats is as follows:
JOB COST SHEET: Job 9
Direct Materials Direct Labor Overhead
Date Materials Requisition Amount Time-Ticket Amount Amount
Number Number
July 1 M-46 $ 1,250
July 1 T-33 $600
July 5 M-47 1,000
July 5 T-34 450
July 10 T-35 300
July 10 Applied overhead $1,400
Total $2,250 $1,350 $1,400
Total costs = $5,000
What is a job cost sheet?
A job cost sheet is a record of all the costs that involve the production of a job segment or single job.
The job cost accounting system collects costs by job using job cost sheets. The job cost sheet helps to determine how much each job costs to determine the price per unit or job.
Data and Calculations:
Date Document Amount
July 1 M-46 $ 1,250
July 1 T-33 600
July 5 M-47 1,000
July 5 T-34 450
July 10 T-35 300
Therefore, the total costs for Job 9 are $5,000.
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NEED HELP ASAP
In the circular flow diagram with government, what does the government provide directly to firms?
A. expenditures
B. factors of production
C. taxes
D. goods and services
Answers
In the circular flow diagram, the government provides goods and services directly to firms. The correct option is D.
In the circular flow diagram, the government provides goods and services directly to firms. This is represented by the flow of resources from the government sector to the business sector.
The government plays a significant role in the economy by providing public goods and services that are necessary for the functioning of the society as a whole.
Public goods include infrastructure projects like roads, bridges, and public utilities, as well as services such as defense, law enforcement, and education.
These goods and services are not typically provided by private firms, so the government steps in to ensure their provision.
By supplying goods and services directly to firms, the government facilitates the production process and supports the overall functioning of the economy.
This enables businesses to operate efficiently and effectively, contributing to economic growth and development.
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Item 17 A certain cell phone plan charges a fee of $1 for each international call made plus $0. 02 for each second of talk time for the international call. A business owner tracked the time and cost for each of the calls made by the employees when they traveled internationally for business. What is the appropriate value of the correlation between time and cost for the international calls?
Answers
The appropriate value of the correlation between time and cost for the international calls is 1.
Explanation:
The correlation coefficient (r) measures the strength and direction of the linear relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation, 1 indicates a perfect positive correlation, and 0 indicates no correlation.
In this case, the cost of an international call is directly proportional to the time of the call. This means that as the time of the call increases, the cost also increases at a constant rate. Therefore, the correlation between time and cost for the international calls is 1, indicating a perfect positive correlation.
Here's the formula for the cost of an international call:
Cost = $1 + ($0.02 × time)
The $1 is a fixed fee for each call, and the $0.02 is the rate for each second of talk time. So, for each additional second of talk time, the cost increases by $0.02. This shows a direct relationship between time and cost, resulting in a correlation of 1.
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Scenario
The CEO is interested in learning more about probability and how it works. The CEO is also asking about how probability and analytics can be integrated into the business model. In the process of looking for information on probability, you find that it is important to understand optimization and forecasting and how they can be applied to benefit the business. Do some research and present the results for the CEO.
The following is the necessary information to complete this lab assignment.
Deliverables
Step 2: Probability Research
• Considering the CEO's request, you determine that some research needs to take place.
• Define the following terms for the CEO and locate some chart examples of each type of analysis.
o Probability
o Optimization
o Forecasting
Step 3: Integrating Data Research for Business
• In one to two paragraphs, discuss what role probability and statistics play in business decisions.
• In one to two paragraphs, discuss any ethical considerations when doing probability.
• Summarize by explaining why probability is a good method for the CEO to consider.
Answers
Data integration enables businesses to combine pertinent data from several sources onto a single platform, giving users a real-time perspective of corporate performance. Making decisions that can hasten business progress requires the transformation of data into meaningful information.
The process of merging data from several source systems to produce uniform sets of information for both operational and analytical usage is known as data integration.
The process of merging data from various sources into a single, cohesive perspective is known as data integration. Integration involves procedures like cleansing, ETL mapping, and transformation and starts with the ingestion process.
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Which of the following types of accounts have a normal credit balance?
assets and liabilities
revenues and capital
capital and drawing
liabilities and expenses
Answers
Answer:
Liabilities and expenses
Explanation:
Liabilities and expenses are mostly thee ones that have a normal credit balance
Two individuals A and B have to simultaneously decide how
much effort to exert in a partnership. If denotes the effort of A
and that of B, the value generated for each partner from the
partnership is. The cost of effort for A is and the cost of effort
for B is .
a) Write down the payoff functions for the two players and,
explaining your reasoning, derive their reaction functions.
Remember to include all your working and describe what a
reaction function is. Using words and mathematics, explain
whether this a game of positive or negative externalities.
Using words and mathematics, explain whether this game
exhibits strategic substitutes or strategic complements.
Answers
Answer:
a
Explanation:
it's answer a that's really the right answer
The company is dedicated to developing high-quality housing projects that meet the needs of families and individuals, with a focus on affordability, sustainability, and innovation.
Answers
The focus of the company's housing projects is to provide affordable and sustainable housing solutions.
The focus of the company's housing projects is to address the global issue of housing affordability and sustainability. The company aims to provide cost-effective and eco-friendly housing solutions that cater to the needs of different income groups. They use sustainable building materials and technologies that reduce energy consumption, minimize waste, and lower carbon emissions.
In addition, the company works with local communities to understand their housing requirements and preferences, and designs housing projects that align with their needs. Overall, the company's focus on affordable and sustainable housing solutions contributes to the social, economic, and environmental well-being of the communities they serve.
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--The complete question is, What is the focus of the company's housing projects?--
Part A
Step 1 Starting at MIDNIGHT, (12:01am) ending 3 days later (72hr) at MIDNIGHT (11:59pm) You can start any day of the week, upto Sat Mar 04.
For a minimum of 3 consecutive days monitor the time you spend doing the 8 different activities listed below
NOTE: Avoid using weekends only in your monitoring and try to stay with mid-week,
e.g. Tues, Wed, Thurs, where majority of days are mid-week.
Use the attached time sheets to record blocks of time. Round off to the nearest hour. Precision isn’t the goal. e.g. 2hrs and 20 minutes, would be rounded down to 2 hours. 2 hrs and 30 minutes would be rounded up to 3 hrs.
The full 24 hours of each day must be accounted for.
The following 8 categories are recommended to cover the majority of possible activities one might perform in the course of a day.
Sleep
Personal maintenance (showers, laundry, housecleaning, grocery shopping, family requirements etc.)
Travel (to work, to school, or for appointments)
Work hours (total hours at the workplace, excluding lunch or breaks)
School (total hours in classes, plus time spent, studying, re-writing notes, completing assignments, time on blackboard)
Fitness (formal or informal, attending the gym or walking home from work)
Recreation (other than fitness related, TV, Movies, Leisure reading, online shopping, crafts, Video games, children’s sports activities, dates, coffee meet ups)
Volunteer activities (United Way, Big Brothers/Sisters, your religious institution activities, PTA with schools)
Three day's activities
Time day day day
Activities Activities Activities
12:01-
1:00am
1:00am-
2:00am
2:00am-
3:00am
3:00am-
4:00am
4:00am
5:00am
5:00am-
6:00am
6:00am=
7:00am
7:00am-
8:00am
8:00am-
9:00am
9:00am-
10:00am
10:00am
11:00am
11:00am-
12:00pm
12:00pm
1:00pm
1:00pm-
2:00pm
2:00pm-
13:00pm
3:00pm-
4:00pm
4:00pm-
5:00pm
5:00pm-
6:00pm
6:00pm-
7:00pm
17:00pm-
8:00pm
8:00pm-
9:00pm
9:00pm-
10:00pm
10 00pm
11:00pm
11:00pm-
11:59pm
Answers
The instructions provided describe a task to be completed over a period of three consecutive days.
What does it involve?
The task involves monitoring the time spent on eight different activities during each of the three days.
The eight activities are sleep, personal maintenance, travel, work hours, school, fitness, recreation, and volunteer activities. The time spent on each activity should be recorded using the attached time sheets, rounding off to the nearest hour.
The monitoring period should start at midnight (12:01 am) and end three days later at midnight (11:59 pm). The task should not be limited to weekends only and should include mid-week days such as Tuesday, Wednesday, and Thursday.
The goal is to account for the full 24 hours of each day and to cover the majority of possible activities one might perform in the course of a day.
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What are some of your entrepreneurial strengths? How would they help you in starting or running a business?
Answers
Answer:
My entrepreneurial strengths are in providing helpful advice and information related to running a business. I am able to quickly process large amounts of data and quickly generate a summarized analysis to provide insight into the current state of a business. Additionally, I have access to vast amounts of data that can be used to make informed decisions. These strengths would help me in starting and running a business by providing a useful source of information, aiding in decision-making processes, and providing a bird's-eye view of the company's overall situation.
I NEED HELP PLEASE PLEASE I BEG
The article claims "Import taxes from 60% to 100% in the world's fourth-largest car market rank among the highest globally, drawing criticism from companies such as Tesla Inc (TSLA.O)Links to an external site., which shelved entry plansLinks to an external site. because of the high tariffs." Why is it that the Indian government has allowed so far 60% - 100% tariffs on imported cars? Your answer needs to be found in the article OR in the chapter that you learnt (3). NOT in Internet desktop research! (50-75 words, 5 pts).
Why are Maruti Suzuki, Tata Motors and Mahindra resisting this change? Again, use the article and what you have learnt in class. NO desktop research. (50 words max, 4 pts).
All else equal, would the WTO - a priori - be pleased about this potential development? Meaning a possible reduction of Import Taxes or Tariffs. If yes why? If no why? (50 words max, use your arguments based on the textbook material AND/OR Internet research here!, 3 pts)
Say you're a resident of India, and you were planning to buy a Range Rover made in the UK. All else equal, and given this article, and given you have the money available to buy the car - would you, a priori, buy the car or postpone your purchase? If yes why? If no why? (50 words max, 3 pts)
PLEASE I NEED HLEP
Answers
The Indian government has allowed such high tariffs on imported cars in order to protect domestic car manufacturers such as Maruti Suzuki, Tata Motors and Mahindra, who would otherwise face competition from foreign companies and face a possible decrease in their market share.
What is domestic?Domestic refers to activities or relationships that occur within a country or nation, such as domestic policy, domestic trade, domestic travel, and domestic affairs. Domestic activities are usually distinguished from international activities, as those that occur between two or more countries. Domestic activities are generally related to the internal affairs of a country and its citizens, including political, social, and economic issues.
Maruti Suzuki, Tata Motors and Mahindra are resisting the potential change because they are concerned that they would be unable to compete against foreign companies, who would be able to offer cheaper cars due to the lower tariff rates.
The WTO would not be pleased with this potential development because it is against their objective of free trade and would create an uneven playing field between domestic and foreign companies.
If I were a resident of India and planning to buy a Range Rover made in the UK, I would postpone my purchase because the high tariff rates would make the car much more expensive than it would normally be. This would mean that I would have to pay significantly more for the same car than if I had bought it from a domestic manufacturer.
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Novak Corporation commenced operations in early 2020. The corporation incurred $53,000 of costs such as fees to underwriters, legal fees, state fees, and promotional expenditures during its formation. Prepare journal entries to record the $53,000 expenditure and 2020 amortization, if any.
Answers
Answer:
S/n Date Account Titles and Explanation Debit Credit
1. 2020 Organization expenses $53,000
Cash $53,000
(Being amount paid to underwriters recorded)
2. No Entry
No Entry
(For amortization)
why all answer i received is differ from the question i have asked?
Your friend tells you that if you let her keep 202020 of your Pokemon cards for three months, she will give you 222 cards extra when she returns your cards to you.
What is the annual rate of interest she is willing to pay for the borrowed cards?
Note: Even though she only keeps your cards for three months, we can still calculate an annual interest rate.
Answers
Based on the fact that your friend will give you 2 cards extra in addition to your 20 Pokémon cards after three months, the annual rate of interest she is willing to pay is 46.41%
What annual rate of interest is your friend willing to pay?The annual rate of interest can be found by finding out the number of periods that your friend takes to return the cards in terms of a year.
As this is in months, the annual rate of interest can be found as:
= (Ending value / Beginning value) ^ number of months in year / number of months your friend had your cards - 1)
Solving gives:
= ((20 + 2) / 20) ¹² / ³ - 1
= 46.41%
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How often should a business prove cash?
O A. as often as necessary
OB. only once a year
OC. only once a month
D. only after a bank reconciliation
Answers
Answer:The answer is A
Explanation:
In your business plan, you note that investors can expect to gain 110 percent of their investment back after three years. The time frame here provides your:
Group of answer choices
turnover.
point-of-sale.
rate of return.
return on interest.
Answers
If in your business plan, you note that investors can expect to gain 110 percent of their investment back after three years. The time frame here provides your: C. rate of return.
What is rate of return?Rate of return can be defined as the gain or loss a person make on their investment and the rate of return is in a form of percentage.
In a situation where a person who invest his/her money into a business make a profit of 110% of the amount the person invested after two to three years this is called a rate of return.
Therefore the correct option is C.
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