Cash $22,000 Accounts payable $125, 000

Investments(short-term) 3, 000 Accured Liablilities payable 4, 000

Accounts receivable 3, 000 Notes payable(short-term) 7, 000

Inventory 20, 000 Long-term notes payable 47, 000

Notes receivable(long-term) 1,000 Common stock 10, 000

Equipment 50, 000 Additional paid-in capital 80, 000

Factory building 90, 000 Retained earnings 31, 000

Intanqibles 5, 000


During the current year, the company had the following summarized activities: a. Purchased short-term investments for $ 10,000 cash. b. Lent $ 5,000 to a supplier, who signed a two-year note. c. Purchased equipment that cost $ 18,000 ; paid $ 5,000 cash and signed a one-year note for the balance. d. Hired a new president at the end of the year. The contract was for $ 85,000 per year plus options to purchase company stock at a set price based on company performance. e. Issued an additional 2,000 shares of $ 0.50 par value common stock for $ 11,000 cash. f. Borrowed $ 9,000 cash from a local bank, payable in three months. g. Purchased a patent (an intangible asset) for $ 3,000 cash. h. Built an addition to the factory for $ 24,000 ; paid $ 8,000 in cash and signed a three-year note for the balance. i. Returned defective equipment to the manufacturer, receiving a cash refund of $ 1,000 .

(c) Explain your response to event (d) .

Answers

Answer 1

Event (d) states that the company hired a new president at the end of the year. The contract was for $85,000 per year plus options to purchase company stock at a set price based on company performance.

In response to this event, my explanation would be that the company has incurred an expense for hiring the new president. The expense is the annual salary of $85,000. Additionally, the president has been granted options to purchase company stock at a set price, which will be based on the company's performance.

This event affects the company's financial statements in the following ways:
- Income Statement: The salary expense of $85,000 will be recorded as an expense, which will decrease the company's net income.
- Balance Sheet: The options granted to the president will not be recorded as an expense at this point but will have an impact on the company's equity. The value of the options will depend on the set price and the performance of the company. Overall, the hiring of the new president will increase the company's expenses and may have an impact on its equity in the future, depending on the exercise of the stock options.

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Related Questions

Check all of the following that are correct that can have a single owner ? MARK YOU THE BRAINLIEST!

Check all of the following that are correct that can have a single owner ? MARK YOU THE BRAINLIEST!

Answers

The establishment/items that can ave a single owner includes:

Sole proprietorshipPrivate corporationNon-profit corporation

What is a single owner?

This refers to any form of establishment that can be owned and operated by a natural person.

Therefore, in the list, the Sole proprietorship, Private corporation and Non-profit corporation are establishment that can have a single owner.

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Differentiate between the classifications of products. Which of
the following is an example of a specialty good or service?

Answers

Different classifications of products are classified as convenience goods, shopping goods, specialty goods and unsought goods. An example of a specialty good or service is a luxury car.

What's Specialty goods

Specialty goods are those which have unique characteristics or brand identification, rather than a particular function or composition.

Specialty goods or services are unique or have a brand identification, rather than a particular function or composition. They are generally high in price and of high quality, with many options available. Luxury cars, high-end fashion items, and unique jewelry are examples of specialty products.

Your question is incomplete but most probably your full question was:

Differentiate between the classifications of products. Which of the following is an example of a specialty good or service?

Busluxury carPublic serviceFood

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How creamy is creamy

Answers

Answer:

creamy

Explanation:

Answer:

c r e a m

Explanation:

Which economic effect does a central bank hope to achieve by buying back large amounts of treasury security

Answers

A. It hopes to reduce the amount of money available for lending.

Explanation:

Usually, the central bank(Federal reserve) control the supply of money in circulation in the economy so that the nation's economy would be healthy. One of the ways through which the federal reserve controls the quantity of money in circulation is by selling or purchasing of government securities through a process known as open market operation.

If the federal reserve sells government securities such as treasury bills, in large quantities, its aim is to reduce the amount or quantity of money available to commercial banks for lending, hence mop up the quantity of money in circulation.

Also, if the federal reserve buys government securities, its aim is to make more money available in large quantities to commercial banks and other institutions, hence have more cash to lend people.

The economic effect that central bank are trying to effect by the process of buying back large amounts of treasury security is bring reduction to amount of money available for lending.

Treasury notes as well as bonds are securities that brings about payment of fixed rate of interest which is usually done every six months till the  security reach a stage of maturity.

The central bank do buy large amounts of treasury security so that the money that can be available for lending can be reduced.

Therefore, this process are put in place to balance the economy.

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Pete's, a manufacturer of hygiene and personal care products, launched a new toothpaste, "tidy," that claims to be more effective in maintaining oral hygiene than other brands. the advertisements for tidy provide valid research information. which executional style of advertising is pete's using?

Answers

The executional style of advertising pete's used was scientific executional style.

What is scientific executional style?

It used research findings and results to backup product.

This serve as a selling point as people are interested in having knowledge about the product they want to buy.

Therefore,The executional style of advertising pete's used was scientific executional style.

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Bavarian Brewhouse is planning on going public.Under the underwriting agreement the underwriting discount is $1.25.If the offering price of the stock is set at $12.50 per share and the company is planning on issuing 1 million shares,what are the total proceeds that Bavarian will receive?
A) 12,500,000
B) 11,250,000
C) 13,750,000
D) 10,875,000

Answers

Bavarian Brewhouse is planning on going public. Under the underwriting agreement, the underwriting discount is $1.25. If the offering price of the stock is set at $12.50 per share and the company is planning on issuing 1 million shares, the total proceeds that Bavarian will receive are $11,250,000.

To calculate the total proceeds Bavarian Brewhouse will receive, follow these steps:

1. Determine the offering price per share, which is $12.50.
2. Subtract the underwriting discount of $1.25 from the offering price: $12.50 - $1.25 = $11.25.
3. Multiply the net proceeds per share by the number of shares being issued: $11.25 * 1,000,000 = 11,250,000.

To calculate the total proceeds that Bavarian will receive, use the formula below:

Total proceeds = Offering price × Number of shares offered

Total proceeds = $12.50 × 1,000,000Total proceeds = $12,500,000

However, the company must pay the underwriting discount on the issue, which is equal to the number of shares issued multiplied by the underwriting discount.

Therefore, the total proceeds that Bavarian will receive are the difference between the offering price and the underwriting discount multiplied by the number of shares offered as follows:

Total proceeds = (Offering price - Underwriting discount) × Number of shares offered

Total proceeds = ($12.50 - $1.25) × 1,000,000Total proceeds = $11.25 × 1,000,000

Total proceeds = $11,250,000

Therefore, the total proceeds that Bavarian will receive are $11,250,000.

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there are three kinds of ____ plans. they are single-use plans, standing plans, and budgets.

Answers

The three kinds of plans you are referring to are single-use plans, standing plans, and budgets. Single-use plans are developed for a specific, one-time purpose and are not meant to be repeated. Examples of single-use plans include project plans, event plans, and sales promotion plans.

Standing plans, on the other hand, are developed for ongoing activities that occur repeatedly over time. These plans are meant to be used over and over again, and are typically used to guide day-to-day operations. Examples of standing plans include policies, procedures, and rules.

Finally, budgets are a type of plan that outlines financial goals and priorities for a specific period of time, typically one year. Budgets are often used by organizations to allocate resources and ensure that they are spending money in the most efficient and effective way possible. Budgets can be used for a variety of purposes, including managing expenses, forecasting revenue, and setting financial goals.

In conclusion, there are three types of plans that organizations can use to guide their activities: single-use plans, standing plans, and budgets. Each type of plan serves a specific purpose, and understanding the differences between them can help organizations to be more effective in their planning and decision-making processes.

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Scarlet Corporation, the parent corporation, has a basis of $600,000 in the stock of Brown Corporation, a subsidiary in which Scarlet owns 90% of all classes of stock. Scarlet purchased the stock in Brown Corporation 10 years ago. In the current year, Scarlet Corporation liquidates Brown Corporation and acquires assets worth $800,000 and with a tax basis to Brown Corporation of $950,000. What basis will Scarlet Corporation have in the assets acquired from Brown Corporation

Answers

Answer:

$950,000

Explanation:

As per IRS section 332, in the case when the parent company received a property when the complete liquidation of subsidiary company is done so the receipts of such property would not recorded either any loss or gain. Also the basis of the parent company assets would be carry over basis.

So here the basis would be $950,000

The same is to be considered

Please only answer if you can help!!

Bobby is building a home for Shyla that under the original contract is to be completed by June 3rd. Shyla found the plans for the home in a publication focusing on unique houses and is excited because it will be the only style of home in this area. Because he underestimated the time needed for special antique framing required for Shyla's house, Bobby tells Shyla that he needs to hire additional workers in order to have the home done by that time and that Shyla needs to pay him an extra $5,000. Shyla says that she will pay the extra $5,000. Bobby finishes the home and asks for his $5,000. Shyla refuses to pay. What will happen if Bobby sues? Which theory of contracts/consideration is applicable and then who will win in this scenario.

Answers

Shyla must pay Frank the extra $5,000 because she consented to do so and didn't object to Frank's miscalculation of time when she consented to give him $5,000.

Is an agreement a contract if consent to it was obtained by coercion?

When agreement is gained by the exercise of undue influence, the agreement may be revoked at the sole discretion of the individual whose consent was coerced.

What is agreement when it is forced and the outcome of mistake?

It is impossible to argue that consent was granted voluntarily if it was obtained under duress, coercion, fraud, misrepresentation, or error. The contract is voidable if there is a mistake in the cause or the factor that led to the mistake.

Is the contract valid when a party's consent is not freely given?

When a contract is signed without the parties' express assent, it is deemed voidable. The legislation defines a voidable contract as one that is enforceable by law at the choice of one or more parties, but not at the discretion of the other parties.

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Please help ASAP will give 25 points.

What would happen to the document if the change “A” is pointing to was accepted?

a. The selected sentence would be inserted.

b. The comment would be deleted.

c. There would be no changes.

d. The selected sentence would be removed.

Please select the best answer from the choices provided
A B C D

Answers

Answer:

c

Explanation:

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When a manager is analyzing how to promote sales and increase production, the best approach is to determine which product or products will provide thea. maximum contribution margin. b. lowest direct labor hours per product. c. lowest product costs per segment. d. greatest amount of sales revenue.

Answers

When a manager is analyzing how to promote sales and increase production, the best approach is to determine which product or products will provide the maximum contribution margin. The correct option is a.

This means that the manager should look at which products generate the highest profits after deducting all the variable costs associated with producing and selling them. By focusing on the contribution margin, the manager can identify the most profitable products and prioritize them in the sales and production process.

While the other factors mentioned, such as direct labor hours per product, product costs per segment, and sales revenue, are important, they do not necessarily guarantee profitability. Therefore, the manager must prioritize the contribution margin in their analysis.

Therefore, the correct option is a.

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Which two age groups have seen the sharpest increase as a percentage of taxpayers from 2008 to 2018?

Answers

Answer:

over age 55 paid about 45 percent

The  two age groups that have seen the sharpest increase as a percentage of taxpayers from 2008 to 2018 are 45 and 55, 55 and 65.

Who has the sharpest increase as a percentage of taxpayers?

This is known to be those who have the biggest  increase in terms of the percentage of taxpayers.

The biggest or largest share of the income tax burden is said to be 29 percent and it is one that is often is borne by an approximate of between the age of 45 and 55, and the other next largest share is 23 percent – that are carried by people between the ages of 55 and 65.

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PLEASE HELP!!!!!!!!!!!!!!

Type the correct answer in the box. Spell all words correctly.
Alisha appears to be overconfident which makes her unapproachable to her employees. Which negative quality is she displaying?

Alisha is displaying the negative quality of___.

Answers

As Alisha appears to be overconfident which makes her unapproachable to her employees, the negative quality that she is displaying is known as arrogance.

What is an arrogance?

It refers to the personality trait whereby a person has an obnoxiously elevated sense of self-worth. An arrogant individual is one who acts as if they are more superior, worthy, and important than others. So, they tend to disrespect and put others down.

While an arrogance can make someone feel strong and be a coping strategy for low self-esteem initially, the long term arrogance is harmful as it can contributes to loneliness, depression, lack of direction and success. It can also impact the physical health if its pushes you to take unnecessary risks. It is possible to change arrogant ways of thinking, when we feel stuck or have noticed arrogant tendencies, then, the mindfulness, gratitude and focusing on curtailing these thoughts can help.

Therefore, as Alisha appears to be overconfident which makes her unapproachable to her employees, the negative quality that she is displaying is known as arrogance.

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Olivia's workstation includes an industrial robot that she uses for machining parts. Which of the following best characterizes this equipment? a. Transport b. Positioning c. Unit load formation d. Storage

Answers

Olivia's industrial robot is a positioning equipment that plays a vital role in her work, allowing her to perform machining tasks with high precision and accuracy.

The best characterization for Olivia's industrial robot used for machining parts would be "positioning". This is because the primary function of an industrial robot is to precisely position and manipulate materials or parts. The robot's ability to move in multiple axes allows it to accurately perform complex tasks that require high precision and repeatability. This makes it an ideal tool for manufacturing and machining applications where consistency and accuracy are critical.

Transport equipment refers to machines that are designed to move goods from one location to another. Unit load formation is a process of combining materials into larger units for more efficient handling and storage, while storage equipment is used for holding and storing materials. While the robot may perform some of these tasks as part of its overall function, its primary role is to position and manipulate materials, making "positioning" the best characterization for this equipment.

In summary, Olivia's industrial robot is a positioning equipment that plays a vital role in her work, allowing her to perform machining tasks with high precision and accuracy.

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Why do people enter an apprenticeship rather then attend college?

Answers

    And here are three great reasons to choose an apprenticeship instead: 1. You need to start earning a livable wage.  On average, college costs $23,600 per year — and if you don't finish with a degree, you still have to pay for the classes you took.

    Benefits of Apprenticeship

Customized training that meets industry standards, tailored to the specific needs of businesses, resulting in highly-skilled employees.

Increased knowledge transfer through on-the-job learning from an experienced mentor, combined with education courses to support work-based learning.

    Apprenticeships are an excellent way to gain access to a company or a sector you want to work in, and if you do a great job and become a valued member of the team, it will put you in a strong position when there are permanent job opportunities. Learn transferable skills

    If you're someone who really wants to embrace the student experience and explore your course subject in-depth, going to university might be for you. If you enjoy hands-on learning, want to get paid for on-the-job training and get a degree without tuition fees, then an apprenticeship could be a good option.

     Though they receive valuable training, individuals often endure both pros and cons of apprenticeships. You might want to research the pros and cons tho.

    A person is eligible to undertake an apprenticeship or traineeship in NSW if they are: an Australian citizen, or. a foreign national with permanent residency, or. a New Zealand passport holder who has been a resident in Australia for more than six months.

    I HOPE THIS HELPS AND MAYBE I COULD GET  BRAINLIEST <3

Answer:

So you dont have to go to college?

Explanation:

Give examples of the ways in which each of the five factors of production can affect the business performance of McDonald's or Walmart.

Answers

Explanation:

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Answer:

Give examples of the ways in which each of the five factors of production can affect the business performance of McDonald's or Walmart.

The opportunity cost of a choice is the _____ of the opportunities lost.a. Valueb. Interest

Answers

Answer:

a. Value.

Explanation:

The opportunity cost of a choice is the value of the opportunities lost.

In Economics, Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.

Hence, the opportunity cost of a choice  is the benefits that could be derived in from another choice using the same amount of resources.

For instance, if you decide to invest resources such as money in a food business (restaurant), your opportunity cost would be the profits you could have earned if you had invest the same amount of resources in a salon business or any other business as the case may be.

craig, a marketing manager at helizone inc., rarely takes initiative or suggests new ideas during project meetings. he does his work half-heartedly and needs to be guided by his manager on a regular basis. according to robert kelley's basic styles of followership, craig most likely is a(n)

Answers

According to Robert Kelley's basic styles of followership, Carig most likely is a passive follower.

Robert Kelley categorized fellowship style into five styles. Based on Robers Kelley's basic styles of fellowship these are five styles of fellowship:Exemplary: they are independent, innovative, and willing to stand up to superiors. Conformists: they are very active in doing their organization's work they used to be called "yes people". Passive; they rarely take initiative or suggest new ideas during a project meeting. Alienated: They are highly independent critical thinkers but low in engagement. Pragmatic: they are rarely committed to their group's work goals.

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candice insists on buying only revlon cosmetics. rather than purchasing other brands when revlon is not available, candice will postpone her purchase or drive substantial distances to find her preferred brand. to candice, revlon is what marketers refer to as a (select the best answer):

Answers

King's debut album, It's candice  Always the Innocent Ones, was independently released in the US in December 2006. 12 of the album's 14 songs have her co-writing credits.

The final two songs were 'Til Tuesday's cover of the well-known song "Voices Carry" and American Hi's female-focused rendition of "The Fi's Breakup Song," "Our Breakup Song."The candice  record saw a rise in popularity in 2008 after being released there. King supported Miley Cyrus on her international "Best of Both Worlds" tour. In the 2008 3D concert movie Hannah Montana & Miley Cyrus: Best of Both Worlds Concert, she played herself. The Bangles' "Eternal Flame" was sung by King on The Vampire Diaries in February 2011.

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Under what condition do you think extravert make more effective leader than introvert? What unique abilitie of introvert could make them more effective in ome ituation?

Answers

When it comes to interacting with peers and big groups of people, extroverts can be more effective leaders. Extraversion frequently manifests as talkativeness, friendliness, and excitement. These traits facilitate effective group interaction, communication, problem-solving, and critical thinking.

Introverts can become more effective in a one on one situation because listening is among the unique skills that tend to come naturally for introverts. They listen to what is explicitly stated and often pick up on implications, thoughts, and feelings that are not said.

Introverts allow others to speak while yet speaking up when necessary. Others instantly feel at home with them since they always endeavor to make others around them happy. Due to their delicate nature, they may also be patient with others, even when they are stepping on their toes.

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What is Charlie able to immediately notice about the 840 names listed on the petition?

Book:Flowers for Algernon

Answers

Charlie was able to notice that all 840 names listed on the petition were written in the same handwriting.

He felt a sense of shock, betrayal, and hurt upon realizing that people who he thought were his friends, had not signed the petition with their own hands. They were merely asked to sign the petition, which was written and signed by someone else.What is a Notice?A notice is a written or printed announcement or advertisement that is used to inform people about an event, item, or fact.

What is a Petition?A petition is a written request, signed by a significant number of people, that requests a specific action, policy, or cause. It is usually presented to an organization or authority with the hope of effecting change or addressing grievances.

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what is a business?​

Answers

A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.

a) A man has $4.55 in change composed entirely of dimes and quarters. What are the maximum and minimum number of coins that he can have? Is it possible for the number of dimes to equal the number of quarters? (b) The neighborhood theater charges $1.80 for adult admissions and $.75 for children. On a particular evening the total receipts were $90. Assuming that more adults than children were present, how many people attended? (c) A certain number of sixes and nines is added to give a sum of 126; if the number of sixes and nines is interchanged, the new sum is 114. How many of each were there originally?

Answers

The man has a minimum of 14 coins and a maximum of 50 coins. It is not possible for the number of dimes to equal the number of quarters.

Let's assume the number of adult admissions is x and children's admissions is y. Therefore, the number of adults was greater than the number of children, and the total receipt was $90. Also, the theater charges $1.80 for adult admissions and $.75 for children.

Now, as per the given data, we can form two equations:

x + y = the total number of people (equation 1)$

1.80x + $0.75y = $90 (equation 2)

To solve these equations, we can multiply equation 1 with 1.80 and subtract it from equation 2.

Let's solve the equation:

(1.80x + 1.80y) - (1.80x + 0.75y) = 90 - (1.80 × total number of people)y = 3.6(total number of people - 50)

As the number of adults is greater than children,

the value of x is greater than y.

Also, the number of attendees cannot be a fraction, so we can try different values of y to find a suitable value that satisfies both the above conditions.

By substituting the value of y in equation 1, we can calculate the value of x.

Let's try different values of y:

y = 1, then x = 89y = 2, then x = 88y = 3, then x = 87y = 4, then x = 86

From the above calculations,

it is evident that y = 4, and x = 86 satisfy both conditions.

Hence, 86 adults and 4 children attended the show.

c)There were 45 sixes and 81 nines originally.

The steps to solve this problem are as follows:

Let the number of sixes is x and the number of nines be y.

Therefore, x + y = 126 (equation 1)6x + 9y = 1260 (equation 2)Dividing equation 2 by 3,

we get,2x + 3y = 420 (equation 3)Multiplying equation 1 by 2 and subtracting it from equation 3, we get:

y = 54Substituting the value of y in equation 1,

we get:

x + 54 = 126

Therefore, x = 72

Hence, there were 72 sixes and 54 nines originally.

If the number of sixes and nines is interchanged, the new sum is 114. Therefore, the number of sixes and nines interchanged were 54 and 72, respectively.

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When renting an apartment, in addition to the first month's rent, the amount to move-in often requires the last month's rent as well as a security deposit. the rent is $725 per month and the security deposit is $900. how much money must be paid to the apartment management to be able to live in the apartment the first year? assume that the renters moved out at the end of the first year. a. $9,425 b. $9,600 c. $10,325 d. $11,050 please select the best answer from the choices provided a b c d

Answers

When renting an apartment, you will often need the previous month's rent and a move-in security deposit in addition to the first month's rent. The rent is $725/month and the security deposit is $900. the amount of money must be paid to the apartment management to be able to live in the apartment the first year $9600.

The amount of money must be paid can be calculate as follows:

Advance payment of first month's rent:

$725

Advance rent for the previous month:

$725

deposit:

$900

To live for one year, you have to pay the rent for the remaining months.

12-2 =10 months

months rent: 10 x 725 =$7250

In total, we have:

725+725+7250+900 =$9600

So, for her first year living in an apartment, we must pay the housing authority her $9,600.

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gemini inc.'s optimal cash transfer amount, using the baumol model, is $60,000. the firm's fixed cost per cash transfer of marketable securities to cash is $180, and the total cash needed for transactions annually is $960,000. on what opportunity cost of holding cash was this analysis based? group of answer choices 19.2% 6.3% 9.6% 12.1% 10.4%

Answers

D. The opportunity cost of holding cash, based on the analysis, is 10.4%.

1. Calculate the cash transfer amount by using the Baumol Model:

Optimal cash transfer amount = (Fixed cost per cash transfer of marketable securities to cash / Opportunity cost of holding cash) x Total cash needed for transactions annually

Optimal cash transfer amount = ($180 / x) x $960,000

2. Solve for the opportunity cost of holding cash:

$60,000 = ($180 / x) x $960,000

x = 10.4%

Therefore, the opportunity cost of holding cash on which this analysis was based is 10.4%.

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Estimates of a stock's beta may vary depending on
I. when the estimate was made.
II. the risk−free rate of interest used.
III. how many months of returns were used to estimate the beta.
IV. the index used to represent market returns.
A.II and IV only
B.I, II and III only
C.I, II and IV only
D.I, III and IV only

Answers

Estimates of a stock's beta can vary depending on when the estimate was made (I), the risk-free rate of interest used (II), and the index used to represent market returns (IV).

The timing of the estimate matters because market conditions and stock prices can fluctuate over time, which can impact the calculation of beta. The risk-free rate of interest is a key component in determining the expected return of an investment. Different estimates of the risk-free rate can result in variations in the calculation of beta. The number of months of returns used to estimate the beta (not mentioned in the choices) can impact the precision and reliability of the estimate. However, this option is not included in the given choices. Beta measures a stock's sensitivity to market movements, and the choice of market index used can influence the calculated beta. Different market indices represent different segments of the market, and their returns may vary.

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The price elasticity of demand (based on the midpoint formula) when price increases from $18 to $20 is?

Answers

The price elasticity of demand, when price increases from $18 to $20, is approximately -2.12.

The price elasticity of demand (based on the midpoint formula) measures the responsiveness of quantity demanded to a change in price. To calculate it, we need to use the midpoint formula:

Elasticity = ((Q2 - Q1) / ((Q2 + Q1)/2)) / ((P2 - P1) / ((P2 + P1)/2))

Given that the price increases from $18 to $20, and assuming the initial quantity demanded is Q1 and the final quantity demanded is Q2, we can substitute these values into the formula.

Let's say Q1 = 100 and Q2 = 80. We can calculate:

Elasticity = ((80 - 100) / ((80 + 100)/2)) / ((20 - 18) / ((20 + 18)/2))

Elasticity = (-20 / 90) / (2 / 19)

Elasticity = (-0.222) / (0.105)

Elasticity ≈ -2.12

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What is a litigation support system that enables a user to search and retrieve information contained in the entire contents of a document called

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The litigation support system that allows a user to search and retrieve information from the whole document is known as Full-Text Searching.

A litigation support system is software that provides an array of tools and services to support the work of attorneys and other legal professionals. Litigation support software is used to organize, index, analyze, and access case information and other documents associated with litigation.

Litigation support systems may be used to handle several aspects of the litigation process, such as:

Document management

Electronic discovery

Deposition and trial presentation

Case analysis

Data analysis

Project management

Legal billing and accounting

Full-Text Searching: Full-Text Searching is a feature that is widely used in a litigation support system. The full-text search engine allows the user to find specific words, phrases, and concepts in a document. The Full-Text Searching feature works by scanning and indexing the whole document to ensure that each word is easily accessible in the system. As a result, when the user enters a keyword or phrase, the system can retrieve the whole document that includes that keyword or phrase.

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How is days to collect accounts receivable determined? A) 365 days divided by accounts receivable turnover. B) Net sales divided by 365. C) Net sales divided by average net trade receivables. D) Accounts receivable turnover divided by 365 days.

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Days to collect accounts receivable is determined by dividing the number of days in the accounting period by the accounts receivable turnover. Thus, option A) 365 days divided by accounts receivable turnover is the correct answer.

How is days to collect accounts receivable determined? Days to collect accounts receivable is calculated as follows: Days to collect accounts receivable = 365 days ÷ Accounts receivable turnover is the measure of how frequently accounts receivable are converted into cash.

It is calculated by dividing net credit sales by the average net accounts receivable during the accounting period. It is a ratio that measures the effectiveness of a company's credit and collection policies.

Days to collect accounts receivable is a measure of the average number of days it takes a company to collect its accounts receivable.

A lower number of days to collect accounts receivable is an indicator that the company is efficient in its collection procedures.

A high number of days to collect accounts receivable indicates a weak collection process, which may result in an increase in bad debt expense.

The days to collect accounts receivable is an important measure of a company's financial performance because it indicates how efficiently the company is managing its accounts receivable.

The faster a company collects its accounts receivable, the more cash it will have on hand to invest in its operations, pay its bills, or distribute to shareholders.

Therefore, it is essential for a company to manage its accounts receivable effectively, so it can have sufficient cash to meet its short-term obligations.

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Select all that apply.

Careers in the Arts, Audio/Video Technology, & Communications Career Cluster include:

news anchor
soldier
ballet dancer
recording artist

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Answer:

Mechanics, arts

Explanation:

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