Denzel Brooks opened a Web consulting business called Venture Consultants and completed the following transactions in March.
March 1 Brooks invested $195,000 cash along with $29,000 in office equipment in the company in exchange for common stock.
2 The company prepaid $8,000 cash for six months' rent for an office. Hint: Debit Prepaid Rent for $8,000.
3 The company made credit purchases of office equipment for $4,200 and office supplies for $2,400. Payment is due within 10 days.
6 The company completed services for a client and immediately received $3,500 cash.
9 The company completed a $9,200 project for a client, who must pay within 30 days.
12 The company paid $6,600 cash to settle the account payable created on March 3.
19 The company paid $4,700 cash for the premium on a 12-month insurance policy. Hint: Debit Prepaid Insurance for $4,700.
22 The company received $3,900 cash as partial payment for the work completed on March 9.
25 The company completed work for another client for $3,760 on credit.
29 The company paid a $6,200 cash dividend.
30 The company purchased $1,600 of additional office supplies on credit.
31 The company paid $700 cash for this month's utility bill.
Required:
1. Prepare general journal entries to record these transactions using the following titles:
Cash (101); Accounts Receivable (106); Office Supplies (124); Prepaid Insurance (128); Prepaid Rent (131); Office Equipment (163); Accounts Payable (201); Common Stock (307); Dividends (319); Services Revenue (403); and Utilities Expense (690).
Answers
Answer:
March 1
Cash $195,000 (debit)
Office equipment $29,000 (debit)
Common Stock $224,000 (credit)
March 2
Prepaid Rent $8,000 (debit)
Cash $8,000 (credit)
March 3
office equipment $4,200 (debit)
office supplies $2,400 (debit)
Accounts Payable $6,600 (credit)
March 6
Cash $3,500 (debit)
Revenue $3,500 (credit)
March 9
Trade Receivable $9,200 (debit)
Revenue $9,200 (credit)
March 12
Accounts Payable $6,600 (debit)
Cash $6,600 (credit)
March 19
Prepaid Insurance $4,700 (debit)
Cash $4,700 (credit)
March 22
Cash $3,900 (debit)
Trade Receivable $3,900 (credit)
March 25
Trade Receivable $3,760 (debit)
Revenue $3,760 (credit)
March 29
Dividend $6,200 (debit)
Cash $6,200 (credit)
March 30
Office supplies $1,600 (debit)
Cash $1,600 (credit)
March 31
Utility Bill $700 (debit)
Cash $700 (credit)
Explanation:
Identify the two Accounts Affected and place them in the respective given titles then record the journal.
Related Questions
Vanya inc. charter authorizes 1000 shares of stock at a stated value of $1 per share. Vanya sells 50 shares of stock at its initial offering for $10 [er share. The journal entry to record this transaction?
Answers
Credit for Paid-In Capital, in Surplus of Stated Worth for $450, $50 toward Common Stock, and $500 toward Cash.
Why do you use the term "Common Stock"?A form of business equity and a kind of security is common stock. Within the borders of the United States, the words vote share and common share are widely used. In the UK as well as other Commonwealth nations, they are referred to as share capital or ordinary shares. A investor holds 1% of the company if they hold shares of a company of the ordinary stock. This investor will receive $100 (1,000 units X $0.10) in dividends if the company declares a $0.10 per share dividend.
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Windborn Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock.
The following amounts were distributed as dividends:
20Y1 $30,000
20Y2 12,000
20Y3 45,000
Common Stock
(dividends per share)
I cannot figure out Y1 or Y3
Answers
The dividends per share for the common stock in year 1 (Y1) is $0.60 per share, and in year 3 (Y3) is $0.90 per share.
To calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3), we need to determine the total dividends distributed and divide them by the number of common shares outstanding.
Given information:
Cumulative preferred stock: 15,000 shares, 1% dividend
Common stock: 50,000 shares, $30 par value
Dividends distributed:
Y1: $30,000
Y2: $12,000
Y3: $45,000
First, let's calculate the dividends per share for the cumulative preferred stock in each year.
Dividends per share for cumulative preferred stock = (Par value * Dividend rate) / Number of preferred shares
Dividends per share for cumulative preferred stock = ($100 * 1%) / 15,000 shares
Dividends per share for cumulative preferred stock = $1 / 15,000
Dividends per share for cumulative preferred stock = $0.000067 per share
Now, let's calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3).
For Y1:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $30,000 - ($0.000067 * 15,000)
Total dividends for common stock = $30,000 - $1.005
Total dividends for common stock = $29,998.995
Dividends per share for common stock in Y1 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y1 = $29,998.995 / 50,000 shares
Dividends per share for common stock in Y1 = $0.5999799 per share (rounded to $0.60 per share)
For Y3:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $45,000 - ($0.000067 * 15,000)
Total dividends for common stock = $45,000 - $1.005
Total dividends for common stock = $44,998.995
Dividends per share for common stock in Y3 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y3 = $44,998.995 / 50,000 shares
Dividends per share for common stock in Y3 = $0.8999799 per share (rounded to $0.90 per share)
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Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
Answers
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
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what are the three element of business equipment and resource?
Answers
Answer:
1.1 Identify and access business equipment or resources required to
complete task under direct instructions
1.2 Estimate quantities and resources correctly to complete the task
1.3 Check equipment for serviceability in accordance with equipment
instructions
2. Operate equipment
2.1 Operate equipment in accordance with manufacturer's specifications
and under direct instructions
2.2 Identify equipment faults accurately and take action to ensure
equipment is repaired in accordance with manufacturer's
specifications
2.3 Report repairs outside area of own responsibility to appropriate
persons
3. Maintain equipment or resources
3.1 Maintain equipment or resources to support completion of tasks under
direct instructions
3.2 Undertake maintenance to ensure equipment meets manufacturer's
specifications
3.3 Maintain records concerning equipment or resources under direct
instructions
3.4 Store equipment and resources under direct instructions
Explanation:
The appropriate section in the statement of cash flows for reporting the receipt of cash dividends from investments in securities is: Group of answer choices Operating activities. Financing activities. Investing activities. Schedule of noncash investing or financing activity. This is not reported on the statement of cash flows.
Answers
Answer:
Operating activities
Explanation:
In the case when there is a receipts of the cash dividend from the investment securities held so the same would be shown in the operating activities section of the cash flow statement as the cash inflow as the cash is coming also it would be shown in the positive amount
Therefore the first option is correct
Effective team members are able to deal with and resolve _________.
challenges
disagreements
conflict
problems
Answers
Answer:
Challenges
Explanation:
1. Briefly explain how globalization encourages worldwide economic growth through trade and labor markets. Also, explain how globalization and technological advancement encourage each other. (4 points)
2. Rapid inflation or deflation can have a domino effect on the global economy. One dramatic example occurred in the first half of the 20th century, when the world faced both the Great Depression and World War II. Briefly explain how rapid inflation and deflation affected the global economy during the Great Depression (1929 – 1938), World War II (1939 – 1945), and the postwar era (1946 – 1950). (4 points)
3. Identify and describe the three most common reasons countries trade, and give an example of each of these trade motivations in action. (4 points)
4. Four of the main types of trade barriers are tariffs, quotas, embargoes, and standards. Define each and briefly describe its economic impact. (4 points)
5. Describe the impact of a strong (appreciating) U.S. dollar and a weak (depreciating) U.S. dollar on both the U.S. economy and the economies of major U.S. trading partners. (4 points)
Part II: Application and Critical Thinking (20 points)
6. In the 20th century, the U.S. economy's shift from the gold standard to the Bretton Woods system, and what happened over time as a result, had an important role in changing the United States' standing in the world. Write a short essay on the Bretton Woods system and the global role of the U.S. dollar that addresses the following prompts.
a. Explain what the gold standard was, including its connection to the U.S. and world economies in the early 1900s.
b. Explain the Bretton Woods system and how it initially affected the global role of the U.S. dollar.
c. What was the effect of the Bretton Woods system over time? Explain what happened in the early 1970s that ended the system. How was the status of the U.S. dollar affected as a result?
(20 points)
Answers
1. Globalization places pressure on nations to reduce tariffs, subsidies and other barriers to free trade. As a result, Globalization promotes economic growth, creates jobs, makes companies more competitive and lowers prices for consumers. Globalization increases technological development by allowing countries to gain easier access to foreign knowledge. Globalization also enhances international competition.
2. The worldwide prosperity of the 1920s ended abruptly with the stock market crash in October 1929 and the great economic depression that followed. The inflation of the money supply during this period led to an unsustainable inceease in both asset prices and capital goods.
3. Differences in Technology: Advantageous trade can happen amongst nations if the countries differ in their technological abilities to produce goods and services. For example conversion of resources to outputs
ii. Differences in Resource Endowments: Advantageous trade can happen between nations if the nations differ in their endowments of resources. For example, presence of certain resources in one country and its absence in another.
iii. Differences in Demand: Advantageous trade can happen among countries if demands or preferences differ between countries. Individuals in different countries can prefer or demand for different products. For example, the Chinese are likely to demand more rice than Americans, even if consumers face the same price.
4. Tariffs are described as levies that a government places on imports entering a country, its impact is that it may increase the price of a commodity.
An import quota infers the numerical limit set to deduce the quantity of a commodity that can be imported into a country.
Tariffs and quotas are established to react to international trade and its effects.
5. The impact of the appreciation and depreciation of dollars is that it will reduce inflation in the US and vice versa in their partners. That is, if dollars appreciate, in the US, inflation is reduce and inflation is increased in that of their partners but when dollars depreciate, inflation occurs in the US and not in their partners .
6a. The gold standard is a monetary system where a country's currency or paper money has a value directly linked to gold. The gold standard is not currently used by any government. Britain stopped using the gold standard in 1931, and the U.S. followed suit in 1933, finally abandoning the remnants of the system in 1973.
b. The Bretton Woods System required a currency peg to the U.S. dollar which was in turn pegged to the price of gold.
What was the effect of the Bretton Woods system over time?The Bretton Woods System demanded a currency peg to the U.S. dollar which was in turn pegged to the price of gold. The Bretton Woods System ended in the 1970s but created a lasting influence on international currency exchange and trade through its development of the IMF and World Bank.
Therefore, the correct answers are as given above
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Longshore Group bought a piece of equipment for use in its operations under the following terms: 5 annual payments of $64,000 for the equipment, including interest. Although the list price of the equipment was $315,000, Longshore Group could have bought it for $300,000 cash. Salvage value is $20,000. Which amount should Longshore Group use to record the purchase of the machine on its books
Answers
Answer:
$300,000
Explanation:
Calculation for Which amount should Longshore Group use to record the purchase of the machine on its books
Amount to record machine purchased=($64,000*5 annual payment)-$20,000
Amount to record machine purchased=$320,000-$20,000
Amount to record machine purchased=$300,000
Therefore the amount that Longshore Group should use to record the purchase of the machine on its books is $300,000
g The Dynatech Brewing Company is a small craft brewer that produces five standard varieties of beer. The beers sell for $6 per six-pack, and the company currently sells 7,000 six-packs per month. The company is considering producing a seasonal beer that will be sold in October, November, and December. The company estimates that at $6 per six-pack, the company will sell 1,400 six-packs. At $7 per six-pack, sales will be 700 six-packs. The company also estimates that sales of the seasonal beer will eat into sales of its standard items. Specifically, for every 700 six-packs of the seasonal beer that are sold, 210 six-packs of the standard varieties will not be sold. The variable production costs of all beers is $1.70 per six-pack. Calculate the incremental profit associated with the two selling prices under consideration for the seasonal beer (i.e., $6 and $7 per six-pack). (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) $6 per six-pack $7 per six-pack Incremental profit/(loss) $enter a dollar amount $enter a dollar amount eTextbook and Media Should Dynatech Brewing produce the beer
Answers
Answer:
The Dynatech Brewing company
a. Incremental Profit with the Seasonal Production and Sales:
1,400 units 700 units
Sales revenue $8,400 $4,900
Variable costs 2,380 1,190
Contribution $6,020 $3,710
Lost Contribution 1,806 903
Incremental profit $4,214 $2,807
b. Dynatech Brewing should produce 1,400 six-pack seasonal beer. It will increase its profit (contribution) by $4,214. It will only suffer a lost contribution of $1,806.
Explanation:
a) Data and Calculations:
Selling price per six-pack = $6
Variable production costs per six-pack = $1.70
Contribution per six-pack = $4.30
Units sold per month = $7,000
Seasonal Production and Sales:
1,400 units 700 units
Sales revenue $8,400 ($6 * 1,400) $4,900 ($7 * 700)
Variable costs 2,380 ($1.70 * 1,400) 1,190 ($1.70 * 700)
Contribution $6,020 ($4.30 * 1,400) $3,710 ($4.30 * 700)
Lost Contribution 1,806 ($4.30 * 420) 903 ($4.30 * 210)
Incremental profit $4,214 $2,807
Which would an economist say best describes a "trust"?
a. a federal order
b. a public good
c. an illegal combination
d. a feeling in a market
Answers
An economist would say that "an illegal combination" best describes a "trust." In economics, a trust refers to an illegal combination or arrangement where multiple companies or entities collude to control and monopolize a particular market or industry, limiting competition and manipulating prices to their advantage. Thus, option c is correct.
In the context of trusts, an illegal combination refers to the collusion or agreement among multiple companies or entities to control and manipulate a market in an anti-competitive manner. It involves practices such as price-fixing, market allocation, and monopolistic behavior that are prohibited by antitrust laws.
The term highlights the unlawfulness and negative implications of such arrangements, as they distort market forces, hinder fair competition, and potentially harm consumers by limiting choices, driving up prices, and suppressing innovation.
Legal measures are in place to prevent and address these illegal combinations to safeguard market integrity and promote fair and open competition.
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Drag each tile to the correct location on the table
Image provided below
Answers
Based on business management and the available options, to write computer use policy for the workplace we have References = Sources Privacy Act Internet Use Bulletin.
What is Computer Use Policy?Computer use policy is a term that is used to describe the document that provides employees with stratagems on how to properly use company equipment and the internet on their work computer network.
Generally, the computer use policy different components which are: no manhandling, abusing, stealing, misusing, intentional damaging, etc.Therefore, in this case, the proper words and headings for the computer use policy are:
Purpose Statement = This policy will inform employees about the appropriate use of computer and networking resources in the workplace. Applicability = All employees including managers, workers, interns, and trainees, must follow this policy.Related Policies = Conduct Standard, Confidentiality AgreementReferences = Sources Privacy Act Internet Use Bulletin.Hence, in this case, it is concluded that the Computer Use policy is simple yet direct instructions for any business firm to apply.
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The board of directors of Herbalife Nutrition approved a 2-for-1 stock split. After the split, how many shares of Herbalife stock will an investor have if he owned 1,020 shares before the split
Answers
If the board of directors of Herbalife Nutrition approved a 2-for-1 stock split. After the split, the number of shares of Herbalife stock will an investor have if he owned 1,020 shares before the split is:2,040 shares.
Using this formula to find the number of shares
Number of shares before the split = Number of shares owned × Stock split
Let plug in the formula
Number of shares before the split = 1,020 shares × 2/1
Number of shares before the split = 2,040 shares
Therefore we can conclude that the number of shares before the split is 2,040 shares.
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Find the following values.
a. An initial $500 compounded for 10 years at 6%
b. An initial $500 compounded for 10 years at 12%
c. The present value of $500 due in 10 years at 6%
d. The present value of $1,552.90 due in 10 years at 12% and at 6%
e. Define present value and illustrate it using a time line with data from Part d. How are present values affected by interest rates?
Answers
a. An initial $500 compound-ed for 10 ye-ars at 6%.
PV= $500
I=6%
N= 10
FV=?
PMT= 0
FV = PV(1+i)^n
500(1.06)^10= $895.45
b. An initial $500 comp-ounded 10 years at 12%.
I= 12%
N= 10
PMT= 0
PV= -500
FV= ?
FV = PV(1+i)^n
500(1.12)^10= $1552.92
c. The pre-sent va lue of $500 due in 10 yea-rs at 6%
I= 6%
N= 10
PMT=0
PV=?
FV=500
PV = FV/(1+i)^n
PV = $500 / (1.06)^10
= $279
d. The pre-sent value $1,552.90 due in 10 ye-ars at %12 and at %6
I= 12% and 6%
N= 10
PMT= 0
PV= ?
FV= $1,552.90
PV = FV/(1+i)^n
PV = $1,552.90 / (1.12)^10
= $499.99
PV = $1,552.90 / (1.06)^10
= $867.13
e. Present Value
Present Value is today's value of mo-ney received at some point in the future discount-ed at current int-erest rates.
How are present values affect-ed by int-erest rates? The pre-sent value gets small-er as you incr-ease the disco-unt rate.
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2. When percentage change in quantity demanded is greater than percentage change in price then,
a) Consumers are relatively sensitive to price changes
b) Demand is inelastic
c) Coefficient of price elasticity is less than one
d) All of the above
e) None of the above
Answers
Answer: A. Consumers are relatively sensitive to price changes
Explanation:
In a situation whereby the percentage change in quantity demanded is greater than the percentage change in price then, we can say that the demand for the product is elastic.
When demand is elastic, the consumers are relatively sensitive to price changes and the coefficient of price elasticity is greater than 1.
What is the present value of a $10,000 payment you will receive in one year, assuming a discount rate of 3.75%?
Answers
Answer:
$9,636
I hope it helps. Thank you
PLEASE HELP FOR 30 POINTS
1. If you are filing your tax return as an individual, you will need to itemize your taxes if
the sum of your deductible contributions is less than $300.
the sum of your deductible contributions exceeds $300.
you don’t have any deductible contributions.
you donated to a religious institution.
2.What does the CARES Act allow regarding charitable contributions?
It allows the government to tax your charitable contributions.
It allows you to deduct $300 in charitable contributions.
It allows you to create a 501(c)(3) organization.
It allows you to deduct the price of merchandise you buy from charities.
4.Which is an example of a financial institution?
a government regulatory agency of money
the IRS
a group of investors
a retail or commercial bank
5.What does it mean when a bank is FDIC insured?
It has insurance on the building.
It has insurance on its investments.
It guarantees that you won't lose all of your money.
It is one of the top 100 banks in the world.
Answers
Answer:
1. The sum of your deductible contributions exceeds $300.
2. It allows you to deduct $300 in charitable contributions.
3. It carried into the next year.
4. Internal Revenue Service.
5. It is an acronym for "Coronavirus Aid, Relief and Economic Security." It allowed someone to deduct up to 100% of their Adjusted gross income.
Explanation:
Good luck!
Which of the following is an example of investing in yourself?
A) Investing your money in the stock market
B) Taking the time to learn how to create a budget
C) Signing up for an online class
D) Planning out your financial goals
Answers
What is one the greatest benefits of using a materials requirements planning system
Answers
One of the greatest benefits of using a materials requirements planning (MRP) system is improved inventory management. MRP allows companies to forecast demand for materials based on production schedules and sales orders, and plan for procurement of materials accordingly. This results in reduced inventory carrying costs, improved order fulfillment rates, and reduced waste and obsolescence of materials. MRP systems also help improve production planning and scheduling, as they allow for better coordination of resources and better management of lead times. This leads to improved efficiency and productivity, as well as improved customer satisfaction due to on-time deliveries.
Questions for Critical Thinking
1. Do you think Quirky’s basic business model is sound and fair? If you could suggest any changes, what would they be?
2. To what degree does Quirky’s business reflect the attributes of a sound business idea as described in Chapter 2?
3. In what other product areas would Quirky’s business model work the best?
4. Think of the challenges in your own life that might represent a product idea for Quirky. If you don’t think of something right away, don’t give up. All of us encounter problems and challenges in our everyday lives that might represent the basis of a promising idea. Be prepared to describe to others one of the challenges or problems you encounter and how a solution to the problem could be fashioned into a product idea to submit to Quirky.
Answers
Critical thinking questions1. Do you think Quirky’s basic business model is sound and fair? If you could suggest any changes, what would they be? Quirky’s basic business model is sound and fair because they involve the public in developing products by taking ideas from people and turning them into products, splitting the profits from the product sales with the inventor, and also collaborating with the inventor from the start of the idea to its final product.
However, there are a few changes I would suggest. First, the public could have more control over which product idea is to be developed into a product. Second, the company could offer more compensation to the inventor, especially if the product becomes a commercial success.2.
To what degree does Quirky’s business reflect the attributes of a sound business idea as described in Chapter 2?Quirky’s business idea reflects the attributes of a sound business as described in Chapter 2 of the text, including the following attributes:
Quirky is innovative in its business model, as it involves the public in developing products.Quirky has a good system of assessing the market’s demand for each product idea.
Quirky has a flexible business model, as it is able to adapt to changes in the market.3. In what other product areas would Quirky’s business model work the best?
Quirky’s business model could work well in a number of other product areas, including Home improvement and do-it-yourself (DIY) products;
Fashion and clothing; Outdoor gear and accessories; Personal care and hygiene; Consumer electronics.4. Think of the challenges in your own life that might represent a product idea for Quirky. If you don’t think of something right away, don’t give up.
All of us encounter problems and challenges in our everyday lives that might represent the basis of a promising idea. Be prepared to describe to others one of the challenges or problems you encounter and how a solution to the problem could be fashioned into a product idea to submit to Quirky.
One of the challenges I have encountered is the issue of losing small items such as keys, earrings, and others. A solution to this challenge could be fashioned into a product idea by developing a small, inexpensive device that could be attached to small items.
The device would emit a signal that would be detected by an app on the user’s phone if the item were lost. This could be developed into a product idea and submitted to Quirky for further development.
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f the inflation rate was 2.60% and the nominal interest rate was 8.00% over the last year, what was the real rate of interest over the last year? Disregard cross-product terms; that is, if averaging is required, use the arithmetic average. Round intermediate calculations to four decimal places.
Answers
If the inflation rate was 2.60% and the nominal interest rate was 8.00% over the last year, the real rate of interest over the last year was 5.40%.
How to solve for the real rate of interestTo calculate the real rate of interest, we need to subtract the inflation rate from the nominal interest rate.
Real interest rate = Nominal interest rate - Inflation rate
Real interest rate = 8.00% - 2.60%
Real interest rate = 5.40%
Therefore, the real rate of interest over the last year was 5.40%.
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Which statement is TRUE about non-contributory defined benefit retirement plans?
A. Contribution amounts are the same for each employee
B. All benefit payments are tax free
C. Annual benefit payments are fixed
D. Annual benefit payments are taxable at lower capital gains rates.
Answers
The statement that is TRUE about non-contributory defined benefit retirement plans is C. Annual benefit payments are fixed. This means that the amount of the benefit payment does not change and is set by the retirement plan.
Non-contributory retirement plans are those in which the employer is responsible for making all of the contributions to the plan. This is different from contributory plans, where the employee is also responsible for making contributions. It is important to note that while the annual benefit payments are fixed in a non-contributory defined benefit retirement plan, the benefit payments are typically taxable at ordinary income tax rates, not at lower capital gains rates. Additionally, contribution amounts may vary for each employee based on factors such as age and salary. In conclusion, the correct answer to the question is C. Annual benefit payments are fixed in non-contributory defined benefit retirement plans.
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Assume the risk free rate equals Rf = 4%, and the return on the market portfolio has expectation E [RM] = 12% and standard deviation σM = 15%. (a) What is the equilibrium risk premium (that is, the excess return on the market portfolio)? (b) If a certain stock has a realized return of 14%, what can we say about the beta of this stock? (c) If a certain stock has an expected return of 14%, what can we say about the beta of this stock?
Answers
The equilibrium risk premium is the excess of the return of the market portfolio less the risk free rate.
Risk premium = Return of the market portfolio - risk free rate
12% - 4% = 8%.
According to the capital asset pricing model, the return of an asset can be determined using this formula:
Expected return = risk free asset + (beta x risk premium)
If the realized return is 14%, the value of beta can be determined from the above formula.
14% = 4% + (beta x 8%)
Beta = (14% - 4%) / 8% = 1.25.
Beta is a measure of the risk of an asset. The beta of the market is 1. Ig the beta of a stock is greater than 1, it means that the stock has a greater measure of risk compared to the market. If the beta of a stock is less than 1, it means that the stock is less risky when compared with the market.
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Give an example to each of the three categories of influence on customers
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Answ er:
Explanat ion:
extranaughtee kitties, inc., sells obscene materials. this is
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Explanation:
You are given the following data on the Employed, Unemployed, and the Labor Force for 1997: Population 16 years old or over (millions) 203.1 Employed (millions) 129.6 Unemployed (millions) 6.7 The total labor force in millions in the economy for 1997 equals:__________
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Answer:
136.30 million
Explanation:
Total Labor force = Total of the Unemployed + Total of the Employed
Total Labor force = 129.6 million + 6.7 million
Total Labor force = 136.30 million
So, the total labor force in millions in the economy for 1997 equals 136.30 million
Amy Auto Parts has inventory that has been recorded on their balance sheet at $156,000. The fact that Amy’s inventory is not reflected at a value that would be realized if it were required to be sold immediately to pay bills is referred as the ___________.
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The fact that Amy’s inventory is not reflected at a value that would be realized if it were required to be sold immediately to pay bills is referred to as the Going concern concept. Thus, option C is correct.
What is inventory?An inventory will be defined as the part in which the resources will be available with the company or the business. This will help them to define the state in which the organization will either have a raw, in-process, or finished inventory.
In the process of the going concern concept, it will be determined that the accounting principle was to be made sure that the inventory is in the processing feature. In the Amy, Auto parts book the amount of $156,000 will not be reflected in the books when prepared.
Therefore, option C is correct.
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The question is incomplete, Complete question probably will be is:
Amy Auto Parts has inventory that has been recorded on their balance sheet at $156,000. The fact that Amy’s inventory is not reflected at a value that would be realized if it were required to be sold immediately to pay bills is referred as the ___________.
materiality concept
liquidity concept
going concern concept
consistency concept
Create a list of five action verbs you might use on a job application to describe skills and/or work history. Here are some examples: (organized, produced, selected, coordinated, contributed). Find five other than the examples.
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Answer:
Examples:
• accomplished
• designed
• initiated
• supervised
• addressed
• corresponded
• persuaded
• publicized
• reconciled
• executed
• monitored
• operated
• consolidated
• appointed
• delegated
• established
Explanation:
Action verbs: One type of power word is an action verb. This kind of verb shows your ability to succeed. These words demonstrate the skills you have used in previous jobs to achieve success. I added in some more because I'm extra.
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Action verb describes motion, which includes running, jumping, kicking, beating, breaking, crying, smiling, or thinking.
What are Action verbs?Action verbs are additionally referred to as bendy actions, explicit motions whether not bodily or mental. The verb describes what the sentence maker is doing.
So are a few examples of the action verbs are:
planning (you can plan accordingly - for example, your daily life and your plan)Include (such as tasks or other items that can help complete a task on time)Analyze (this will be great, so review the details, analyze the issue to manage it, but also follow the rules)You're ready (good and ready for the start of your shift, or maybe you have the stuff for the next shift that will start after you)Design (this can be followed by several tasks, you have the skills to design / present ideas to the table such as website ideas, sales items to attract sales, pick lines to sell items)
Thus, action verbs are good to include in your resume as well, this makes your skills stand out.
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Can Uber Be the Uber of Everything?
Case studies topic ⬆️
The Internet may not make corporations obsolete, but the corporations will have to change their business models. Do you agree? Why or why not?
Answer the question refrence too
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Answer: Corporations will not have to change their business model as much as one may think.
Explanation: Uber becoming the Uber of everything isn't a strange idea or anything new: they just get to now insert their name what ever they are expanding to. A glaring example would be the existence in oligarchies in the corporations of the US and the variety of companies owned by a ruler.
Suppose that college students in your town persuaded the town council to enact a law setting the maximum price for rental housing at $400 per month.
This will hurt college students who rent housing for the following reasons: Check all that apply.
a The quality of housing will deteriorate, making it difficult for students to find quality housing.
b The price ceiling will create a housing shortage.
c The quality of housing will improve, benefiting tenants.
d Over time, more affordable housing will be created.
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The reply is option a and b. The first-class of housing will deteriorate, making it hard for students to locate satisfactory housing. The fee ceiling will create a housing shortage.
A constant quantity of money that you pay in many instances for the use of a room, house, car, television, etc. that someone else owns: I pay a greater rent/more lease than the different tenants because my room is bigger.
How do you calculate the lease of a house?The condominium price have to be 2.5-3.5 percentage of the property cost. For instance, if the market value of your property is Rs 30 lakh, its annual condo value will vary between Rs 75,000, and Rs 1,05,000 and monthly values will range from Rs 6,250 to Rs 8,750.
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Why do investors invest in stocks of different companies?
Investors invest in stocks of different companies to earn_____
and to make a profit when they sell the stocks at a higher price.
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The stock market carries dangers, so it's vital to understand what they are before investing.
Why would a shareholder purchase shares in another business?For a number of reasons, investors purchase stocks. Here are a few examples: A stock's price rising results in capital appreciation. Dividend payments are made when a corporation gives its stockholders a portion of its earnings.
Why should you make several company investments?You are not limited to investing in a single industry when you diversity your portfolio; you can do so. This enables you to profit from some of the biggest consumer trends while simultaneously investing in several areas. To invest, you don't have to be an authority in a certain sector or discipline.
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