Answer:
Project A is the better option than Project B.
Explanation:
The NPV of the project will decide which is the option with greater value to shareholders. As we can see that the NPV of Project A at 10% cost of capital is greater than the NPV of Project B at the same 10% cost of capital. So the best option here is Project A as is more in value than project B. Hence the CEO must select Project A.
Which of the following is an example of a macroeconomic statement?
Lay-offs have led to increasing unemployment in the RV industry.
John Smith was recently laid off from his job at Thor.
The Elkhart County unemployment rate is 2%.
The national unemployment rate is 4%.
Answer:
The national unemployment rate is 4%
Explanation:
The following statement is an example of a macroeconomic statement: "The national unemployment rate is 4%."
A macroeconomic statement refers to an economic statement or analysis that focuses on the broader economy as a whole rather than on individual markets or companies. In this case, the statement about the national unemployment rate refers to the overall labor market in the country and not to a specific company or industry. The other statements are either about an individual's experience (John Smith's layoff) or a specific regional unemployment rate (Elkhart County's unemployment rate).
Boyd Docker engaged in the following activities in establishing his photography studio, SnapShot!:
1. Opened a bank account in the name of SnapShot! and deposited $7,590 of his own money into this account in exchange for common stock.
2. Purchased photography supplies at a total cost of $920. The business paid $290 in cash, and the balance is on account.
3. Obtained estimates on the cost of photography equipment from three different manufacturers.
In what form (type of record) should Joel record these three activities? Prepare the entries to record the transactions.
Answer:
In what form (type of record) should Joel record these three activities? Joel should record these three activities in the General Journal format as it is standardized.
Journal Entries
S/N Account Titles and Explanation Debit Credit
1. Cash $7,590
Common stock $7,590
(To record the investment)
2. Supplies $920
Cash $290
Account payable $630
(To record the purchase of supplies)
3. No Entries - -
(This is because it is just an receiving of quotation)
Supervisory managers are mostly concerned with which type of planning?
Answer:
Operational
Explanation:
Supervisory managers oversee things like schedules, inventory, and employee tasks. Day to day planning. These are functions of operational planning.
Comprehensive Problem 2 Part 4 and 6: Note: You must complete parts 1, 2 and 3 before attempting to complete part 4 and part 6. Part 5 is an optional work sheet. 4. At the end of May, the following adjustment data were assembled. Analyze and use these data to complete Part 6. a. Merchandise inventory on May 31 $585,200 b. Insurance expired during the year 12,000 c. Store supplies on hand on May 31 4,000 d. Depreciation for the current year 14,000 e. Accrued salaries on May 31: Sales salaries $7,000 Office salaries 6,600 13,600 f. The adjustment for customer refunds and allowances is $60,000. 6. Journalize the adjusting entries. If an amount box does not require an entry, leave it blank. Post the adjusting entries to the attached spreadsheet you used in parts 1 and 2.
Relevant Question:
At the end of May, the following adjustment data were assembled.
a. Merchandise inventory on May 31 $585,200
b. Insurance expired during the year 12,000
c. Store supplies on hand on May 31 4,000
d. Depreciation for the current year 14,000
e. Accrued salaries on May 31: Sales salaries $7,000 Office salaries 6,600 13,600
f. The adjustment for customer refunds and allowances is $60,000.
Stores Supplies at the beginning of May is $11,400.
Journalize the adjusting entries. If an amount box does not require an entry, leave it blank.
Answer:
Journal Entries:
a. No Journal Entry
b. Debit Insurance Expense $12,000
Credit Prepaid Insurance $12,000
To record the insurance expense for the year.
c. Debit Supplies Expense $7,400
Credit Store Supplies $7,400
To record the supplies expense ($11,400 - $4,000) for the year.
d. Debit Depreciation Expense $14,000
Credit Accumulated Depreciation $14,000
To record the depreciation expense for the year.
e. Debit Sales Salaries Expense $7,000
Debit Office Salaries Expense $6,600
Credit Salaries Payable $13,600
To record the accrued salaries for the year.
f. Debit Customer Refunds and Allowances Expenses $60,000
Credit Customer Refunds and Allowances $60,000
To record the expense for customer refunds and allowances.
Explanation:
The journal entries record the business transactions as they occur daily. Accounts are identified based on the accounting equation and the double-entry system of accounting. For every transaction, two or more accounts are recorded, with some debited and others credited accordingly.
In cell C16, enter a formula to calculate the price of the vehicle minus your available cash (from cell A3 in the Data worksheet). Use absolute references where appropriate you will be copying this formula across the row
Answer:
Assuming that the cell A3 in the Data worksheet contains the available cash, the formula in cell C16 would be:
=B16-$'Data'!$A$3
Note the use of absolute reference $'Data'!$A$3 to fix the reference to cell A3 in the Data worksheet, so that it does not change when the formula is copied across the row.
Explanation:
Here is the formula to calculate the price of the vehicle minus your available cash in cell C16: =C15-A3
The formula uses absolute references for cell C15 and cell A3. This means that the formula will always refer to cell C15 and cell A3, even if you copy it across the row.
The formula works by subtracting the value in cell A3 (your available cash) from the value in cell C15 (the price of the vehicle).
For example, if the price of the vehicle is $20,000 and your available cash is $10,000, the formula will return the value of 10,000. This means that you would need to borrow $10,000 to purchase the vehicle.
Here is the breakdown of the formula:
=C15 refers to the value in cell C15, which is the price of the vehicle.-A3 subtracts the value in cell A3, which is your available cash, from the value in cell C15.Learn more about Price, here:
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Nicky Ackerley (2014) of Veterinary Nursing Journal says this about posting on social media An employee should be aware that he or she loses the right to privacy once their comments are placed in a public forum and they should be mindful of their action. Do you agree or disagree with this and why?
Yes, I do agree with Nicky Ackerley on the fact that An employee should be aware that he or she loses the right to privacy once their comments are placed in a public forum and they should be mindful of their action.
The reason i agree with her is that every individual has a digital footprint and what ever you write or post on social media whether good or bad can be used against you and as such one need to be mindful of what they post online.
What is the issue of employee privacy about?Employee privacy is a problem that can occur in a variety of circumstances. For instance, in order to assess employee performance and customer service, businesses may want to listen in on telephone calls between staff members and consumers.
Note that Employers may decide to monitor email for what they deem to be legitimate business needs. Employers may decide to administer drug testing to their staff members or search their lockers for contraband narcotics.
Hence, Data left behind by users after they utilize the internet is known as a digital footprint. Digital footprints come in two flavors: passive and active. When data is taken from a user without that person's knowledge, a passive footprint is created.
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Torres Company uses the gross method and a perpetual inventory system. Assuming the following entries, compute the amount that Torres Company received on March 18.
March 8 Sold goods costing $8,400 to Howard Company on account, $14,000, terms 4/10, n/30. The goods are shipped FOB Shipping Point, Freight Prepaid by Seller, $490.
March 14 Howard Company returned undamaged merchandise previously purchased on account, $2,800.
March 18 Received the amount due from Howard Company.
Answer:
$10,752
Explanation:
March 8
Dr Accounts receivable 14,000
Cr Sales revenue 14,000
March 8
Dr Cost of goods sold 8,400
Cr Inventory 8,400
March 14
Dr Sales revenue 2,800
Cr Accounts receivable 2,800
March 14
Dr Inventory 1,680
Cr Cost of goods sold 1,680
March 18
Dr Cash 10,752
Dr Sales discounts 448
Cr Accounts receivable 11,200
Sterile Feral, Inc. is a nonprofit organization that catches wild or stray cats, and then neuters, vaccinates, and releases them back into the wild. In recent years, nonprofit organizations such as Sterile Feral have turned to marketing to help:__________.
a. receive additional government funding.
b. expand its business to stray dogs.
c. maintain its nonprofit status.
d. achieve organizational goals.
e. compete with other similar organizations.
Answer:
d. achieve organizational goals.
Explanation:
Sterile Feral, Inc. being a non-profit organization that catches wild or stray cats, and then neuters, vaccinates, and releases them back into the wild.
If Sterile Feral Inc. then turns to marketing, this simply means that they're more interested in achieving organizational goals of saving endangered cats.
Also, as a non-profit organization, Sterile Feral Inc. isn't operating solely to make money or profits, it is rather literally trying to impact positively the cat world.
Why do cell phone service providing firms often charge higher price to pre-paid clients than those on contract?
Answer:
Contract customer ensures a regular income as compared to the pre paid users and hence cell phone service provider prefer to hold these customers by lowering their services rates
Explanation:
Prepaid phone call rates are higher than the call rates of contract phone services because the contract services ensures a minimum of certain amount per month. Along with that the service provider charges an activation charge prior to providing contract services hence they make the call rates and rates of other services like internet low for contract customers.
In management, scholars argue that,1 + 1 = 10. Do you agree? Explain.
Answer:
I disagree.
Explanation:
Scholars may argue that 1+1= 10. But in fact if you do simple addition, 1+1 is 2. Not 10.
Brian Wilson plans to invest in a rental property worth $250,000. He plans to hold the property for 6 years and expects to sell it for $280,000 at the end of the sixth year. He estimates that the average monthly net income from renting the property will be $3,450. His target return is 10%. Calculate the net present value of the investment.
Answer:
I do not know anything at all
Which of the following forms of sex-related conduct does each of the example represent ?
Sexual Harassment is a behavior. It is defined as unwelcome behavior of a sexual nature.
The variety of behaviours that people, creatures, systems, and artificial things exhibit in a given context is referred to as behaviour. These systems may consist of both the inanimate physical world and other systems or species.
Behaviour is an individual's actions. It is what a person does to bring about, bring about change, or to maintain the status quo. Behaviour is a reaction to internal events, such as thoughts and feelings. externally: the surrounding area, which includes other people.
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when sam returned home from the grocery Store, he realized that he did not have his wallet. His wallet contains his credit card, debit Card, drivers license, and some cash what would you do in this situation? explain answer. ty
Answer: go back and find the wallet and if I can’t find it go to the police so they can track my card
Explanation:
Which of the following income and expense items is NOT recorded initially directly in equity?
A. The impairment of goodwill in accordance with IAS 36 Impairment of Assets, where the entity is confident that the factors giving rise to the impairment will reverse in a future period.
B. An increase in the fair values of land & buildings, where the revaluation method is used to account for land & buildings in accordance with IAS 16 Property, Plant & Equipment.
C. A change in the fair value of an investment in another entity, which is classified as an available-for-sale financial asset in accordance with IAS 39 Financial Instruments: Recognition & Measurement.
D. Foreign currency translation adjustments arising on the translation of a foreign operations financial statements from their functional currency in accordance with IAS 21 The Effects of Changes in Foreign Exchange Rates.
The income and expense items that is NOT recorded initially directly in equity is A. The impairment of goodwill in accordance with IAS 36 Impairment of Assets, where the entity is confident that the factors giving rise to the impairment will reverse in a future period.
What is equity?Equity can be regarded as the ownership interest in property which can be used in the offset by debts or other liabilities.
It should be noted that there are some of the income and expense items which is been recorded in this , this can be increase in the fair values of land & buildingsas well as others.
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what are two nonmarket ways of distributing goods and services
Answer: Rationing and Black Market
Describe the process you will use to manage your career readiness.
Answer:
My career is my Very own Butt
A database program would probably be used to
Answer:
The application scope of the database is very wide, such as the student information management system, course selection system, as well as the telecommunications department payment system, statistical system, and online game account management, etc., can be said that the current software, especially the network application software, is to use the database
Answer:
A database program would probably be used to track purchases on a commercial website.
Explanation:
A database is the heart of a business information system and provides file creation, data entry, query and reporting functions.
、HowTotalRevenueChangesWhenPriceChanges?PleaseusetheElasticityandDemand 订curvetoexplainit.
B. Matching Type. Match Column B with Column A
Answer:
B. Matching Type. Match Column B with Column A
1. Safety equipment ⇒ C. Must be worn.
2. Danger signs ⇒ D. Inflammable
3. Safety information ⇒ E. Warning Do not touch.
4. Caution signs ⇒ B. No Smoking
5. Serious injuries ⇒ A. First Aid
Josh buys an $8000 10-year bond that has a coupon rate of 4.5 %. If he keeps the bond to maturity, how much interest will he collect?
Josh will collect $3600 in interest if he keeps the $8000 10-year bond with a 4.5% coupon rate to maturity.
To calculate the interest that Josh will collect from the 10-year bond with an $8000 face value and a coupon rate of 4.5%, we need to consider the annual interest payment and the total number of interest payments over the bond's lifespan.
The annual interest payment can be calculated by multiplying the face value of the bond ($8000) by the coupon rate (4.5%). This gives us an annual interest payment of $360 (8000 * 0.045).
Since the bond has a 10-year maturity, there will be a total of 10 interest payments over its lifespan. Therefore, the total interest Josh will collect can be calculated by multiplying the annual interest payment ($360) by the number of interest payments (10).
Total interest = Annual interest payment * Number of interest payments
Total interest = $360 * 10
Total interest = $3600
Therefore, if Josh keeps the bond to maturity, he will collect a total of $3600 in interest over the 10-year period.
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Which of the following should be considered last when searching for financing? Question 6 options: Family members Banks Commercial finance companies Credit cards
Answer:
Credit cards
Explanation:
Sandra’s Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system.
Date Transactions Units Unit Cost Total Cost
October 1 Beginning inventory 6 $ 790 $ 4,740
October 4 Sale 4
October 10 Purchase 5 800 4,000
October 13 Sale 3
October 20 Purchase 4 810 3,240
October 28 Sale 7
October 30 Purchase 8 820 6,560
$ 18,540
3. Using LIFO, calculate ending inventory and cost of goods sold at October 31
The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.
The LIFO method (last-in, first-out) of inventory valuation requires that the most recent purchases of inventory be used first in the cost of products sold and ending inventory calculations. The ending inventory and cost of products sold at the end of October will be calculated using the LIFO method, based on the data given in the table.Based on the data given, the total units sold is 14, and the total units purchased is 17. Here's how to calculate the ending inventory and cost of products sold using the LIFO method:Step 1: The last purchase of 8 units at a cost of $820 each on October 30 is deducted from the inventory count, leaving 9 units.Step 2: The previous purchase of 4 units at a cost of $810 each on October 20 is deducted from the inventory count, leaving 5 units.Step 3: The next purchase of 5 units at a cost of $800 each on October 10 is deducted from the inventory count, leaving 0 units.Step 4: Based on the LIFO method, the cost of the ending inventory is the sum of the cost of the oldest units remaining in stock, which is 4 units at a cost of $790 each on October 1, totaling $3,160.Step 5: Based on the LIFO method, the cost of goods sold (COGS) is calculated by adding the total cost of units sold, which is 14 units at a cost of $820 each on October 30, 4 units at a cost of $810 each on October 20, and 5 units at a cost of $800 each on October 10, totaling $17,260.Therefore, the cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.For more questions on cost of goods sold (COGS)
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1. AROR for the first increment (Alt. C-Alt. A) is
B. 9.38%
A. 10.12%
C. 11.85%
D. 11.00%
The initial increment's AROR (Alt. C-Alt.) is 11.00%.
Does increment denote currency?An increment often reflects a percentage of the employee's annual salary. Increments are used by employers to raise or lower base salary as well as to give bonuses. They serve as a standard for employees when negotiating a pay raise or a beginning salary with such a new employer.
An increase at work is what?An employee's annual income may be increased through a salary increment, which is distinct from a bonus. Increments are a tool used by employers to change remuneration and boost or cut basic salaries. When compared to bonuses & commissions, which typically are based on performance, this type of wage increase is different.
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Insurance companies create a pool of funds to handle
Orisk
O gain
Oloss
O safety
10
Answer:
A) risk
Explanation:
An insurance company creates a pool of funds to handle risk. This helps to protect the company financially if there are more claims than expected.
38. A log book used to record information about visitors who call in an organization is called A. Complimentary card B. Telephone directory C. Telephone pad D. Visitor's register E. Visitor's request form
A logbook used to record information about visitors who call in an organization is called an Option D. Visitor's Register.
A visitor's register is an essential tool for maintaining security and professionalism in a workplace. It helps in keeping track of the people entering and leaving the premises, which aids in monitoring the flow of visitors and ensuring their proper identification.
A visitor's register typically includes columns for the visitor's name, contact details, purpose of visit, time in, time out, and the name of the person they are meeting. This information is valuable in case any follow-up is required or for emergency situations where it's crucial to know who is on the premises.
In contrast, a complimentary card (A) is a business card exchanged during formal introductions. A telephone directory (B) is a listing of telephone numbers organized by name or business. A telephone pad (C) is a notepad used for taking messages or notes during phone calls, and a visitor's request form (E) may be a document required to be filled out by visitors for specific purposes or access.
In summary, a visitor's register (D) is the correct term for a log book used to record information about visitors who call an organization. It helps maintain security, monitor visitor flow, and ensure proper identification of guests. Therefore, the correct option is D.
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At the end of last year, Cynthia, a 20 percent partner in the five-person CYG partnership, has an outside basis of $28,500, including her $14,000 share of CYG debt. On January 1 of the current year, Cynthia sells her partnership interest to Roger for a cash payment of $21,500 and the assumption of her share of CYG's debt CYG has no hot assets. What is the amount and character of Cynthia's recognized gain or loss on the sale?
A. $7,000 capital loss.
B. $2,000 ordinary loss.
C. $7,000 capital gain.
D. $7,500 ordinary income.
C. $7,000 capital gain
First, we need to find Net value of Cynthia's share
Net value of Cynthia's share = Value of share - Liabilities
Net value of Cynthia's share = $28,500 - $14,000
Net value of Cynthia's share = $14,500
The next step is to compute Cynthia's net value of her shares sold to Roger.
Then,
Cynthia's gain = Selling value - Net value of share
Cynthia's gain = $21,500 - $14,500
Cynthia's gain = $7,000
Therefore, the amount and character of Cynthia's recognized gain or loss on the sale is $7,000 capital gain.
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2 Drag each label to the correct location on the image. Match the situations to the benefits provided by personalized or online services. understanding the process clearly easy registration process faster filing of claim form understanding policy benefits and limitations addressing clarifications Personalized Insurance Service Online Insurance Service All rights resented
Answer: Here is the correct answer
Explanation:
Jay P Horgan Bank holds deposits of $700 million. The current market value of the bank's loans is $500 million. It also holds reserves of $40 million and government bonds worth $100 million. What is the value of the bank's total liabilities?
$700 million
$540 million
$640 million
$800 million
Answer:
$700 million
Explanation:
From a bank's perspective, liabilities are the money it owes to customers. Customer deposits make up a big proposition of a bank's liabilities. Customer deposits held in the bank are liabilities because the money belongs to customers and not the bank.
The deposits of $700 are the liabilities. Reserves are a part of customer deposits that must be retained at the bank's custody at all times. Bonds are trading assets to the bank.
Activities would you perform as an entrepreneur?
Answer:
no. because why it make since to person as an entrepreneur
Should entrepreneurs be charged less taxes?
(Subject: Economics)
Answer: No.
Explanation: they should be charged the same amount as everyone else