Answer:
Unitary cost= $12.30
Explanation:
Giving the following information:
Overhead rate:
Rate 1= 150% of material costs
Rate 2= $7.25 per direct labor hour.
Production:
540 neckties
raw materials= $2,110
Direct labor hours= 69 direct labor hours at a total cost of $865.
First, we need to calculate the total cost:
Total cost= 2,110 + 865 + (1.5*2,110 + 7.25*69)
Total cost= $6,640.25
Unitary cost= 6,640.25/540= $12.30
Which three research options are examples of credible resources that give business writers accurate information?
discussion boards on a university website
social media posts made by a university professor
ООООО
websites owned by commercial organizations
digital archives of US government agencies
websites that belong to nonprofit organizations
Because they have undergone peer review, scholarly journals, conference papers, and books are the most frequently used reputable sources. There are, however, reliable websites that can be used.
What do you mean by scholarly journals?Faculty at the university level frequently demand or strongly advise using articles from scholarly publications, also known as peer-reviewed, academic, refereed, or professional journals, for use in producing research papers and projects.
This is crucial for high-caliber graduate work and is especially true for upper level courses. Scholarly journals can be identified by various features that set them apart from other periodicals: to disseminate the findings of recent research in the journal's area of study.
Scholarly publications demonstrate a methodical and in-depth investigation of a certain subject, frequently involving experiments or surveys.
Review papers that summarize the present state of knowledge on a subject may occasionally be published in scholarly publications.The advertisements, vibrant graphics, and photos that can be seen in popular periodicals are absent from scholarly journals.
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what tax event must take place when a taxpayer receives a Form 1099-A?
One of the most significant differences between Canada and the United States
regarding tax systems and payroll costs involves __________.
a. income tax
b. worker's compensation
c. pension funds
d. socialized medicine
One of the most significant differences between Canada and the United States regarding tax systems and payroll costs involves Option D. Socialized medicine.
Socialized medicine is a healthcare system where the government owns and runs the healthcare system. Under this system, the government provides healthcare services to citizens and residents without requiring them to pay directly out of their pockets for every service. In Canada, socialized medicine is a significant feature of the country's healthcare system. In the United States, socialized medicine is not a significant feature of the healthcare system. The healthcare system in the US is dominated by private insurance companies that require individuals to pay for healthcare services.
This means that the US healthcare system is primarily based on a market-driven approach, where individuals are required to purchase health insurance from private companies. These companies then provide healthcare services to individuals based on the type of coverage that they have purchased. The difference in the approach to healthcare systems between Canada and the United States affects the tax systems and payroll costs in these countries. In Canada, the government provides healthcare services, which means that the government needs to fund the healthcare system.
This funding is primarily done through taxes paid by individuals and businesses in the country. This tax system is designed to be progressive, which means that individuals who earn more money pay a higher percentage of their income in taxes than those who earn less. In the United States, the healthcare system is dominated by private insurance companies. This means that individuals are required to pay for healthcare services out of their pockets or through health insurance plans. This system of healthcare financing means that the tax system in the United States is less progressive than the tax system in Canada.
In conclusion, socialized medicine is one of the most significant differences between Canada and the United States regarding tax systems and payroll costs. Canada's healthcare system is funded through taxes that are paid by individuals and businesses, while the US healthcare system is primarily funded through private insurance companies. This means that the tax system in Canada is more progressive than the tax system in the United States. Therefore, the correct option is D.
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opportunities and challenges when participating in international economic integration
Economic integration typically results in lower trade costs, increased availability of goods and services, and efficiency gains that lead to increased purchasing power.
The challenges are as follows: (a) port and customs quality, (b) trade and investment barriers, (c) development gaps, and (d) nascent regional economic governance.
What is economic integration?Economic integration is the collaboration of two or more countries to reduce or eliminate trade barriers and promote political and economic cooperation.
The benefits include:-
Assists developing countries in taking advantage of economies of scale by integrating with developed countries.Increases production capacity and opens up new opportunities.The disadvantages are as follows:
Trade diversions may deflect small countries' economies and land while benefiting member countries.Developing countries become dependent on more developed countries, resulting in depressed areas.Therefore, opportunities and challenges when participating in international economic integration are mentioned above.
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How many times can you ask for refund on door dash because my order is messed up?
if mulitple orders are getting messed up you can get a refund anytime but not mulitple times if it comes from the same order
Assalam waliakum
How are you?
Answer:
oh wait ..... I know this language ... are you from Pakistan???...
define financial accounting
Answer:
see below
Explanation:
Financial accounting is a branch of accounting whose primary function is to gather information and produce reports of an organization's financial activities. Financial Accounting applies either the accrual basis or the cash accounting basis. It involves recording, summarizing, and preparing financial statements of a company's business transactions.
The financial statements communicate business performance and financial positions to stakeholders, including employees, management, business partners, investors, and shareholders.
The financial statements are
The income statementsThe balance sheetThe cash flow statementThe statement of retained earningsWhat would you feel is an appropriate amount of business clothing for your cousin to own in order to succeed at their job
Answer: For seeking a job a formal dressing is required.
Explanation:
Formal dressing is appreciated for job interview. The job interview require a business attire. For women a business suit, shirt and pants, or statement dress are recommended. For men business suit, shirt along with tie and pants are recommended. The cleanliness and well ironed dress are recommended. The way one handle the dress is also taken into consideration the dress should not be extra tight or loose which can negatively affect the impression on the employers.
Discuss the challenge created for financial accountants by the presence of uncertainty.
Uncertainty creates challenges for financial accountants in accurately measuring, reporting, and disclosing financial information.
The presence of uncertainty poses significant challenges for financial accountants. Uncertainty refers to the lack of predictability or reliability in future events or outcomes, which makes it difficult to accurately measure and report financial information. Here are some key challenges created by uncertainty:
Measurement and valuation: Uncertainty makes it challenging to determine the appropriate measurement and valuation of assets, liabilities, revenues, and expenses.
Financial accountants must make estimates and judgments based on available information, assumptions, and professional judgment. However, the accuracy of these estimates may be compromised by the inherent uncertainty.
Financial statement presentation: Uncertainty affects the presentation of financial statements. Accountants must disclose the nature and extent of significant uncertainties that could impact the company's financial position and performance. However, determining which uncertainties are material and require disclosure can be subjective and complex.
Risk assessment: Uncertainty introduces risk into financial reporting. Accountants need to assess and manage risks associated with uncertain events, such as changes in market conditions, legal disputes, or environmental factors. They must consider the potential impact of these risks on financial statements and disclose them appropriately.
Forecasting and decision-making: Uncertainty makes forecasting and decision-making challenging for financial accountants. They need to analyze financial data and projections while considering the potential impacts of uncertain factors.
This requires them to use sophisticated models, scenario analysis, and sensitivity analysis to assess the range of possible outcomes.
Regulatory compliance: Financial accountants must comply with accounting standards and regulatory requirements. Uncertainty adds complexity to compliance efforts, as new and evolving regulations may require additional disclosures or adjustments to financial statements to reflect uncertain events or future obligations.
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I. A clinic encourages its customers to have their bond checked with the claim that one out
of four 60-year-old men need to be supplemented with glucosamine. If this is true, what is
the probability of the following events:
a. Two out of the next eight 60 year-old men need to be supplemented with glucosamine
b. Three out of the next 12 60 year-old men need to be supplemented with glucosamine
A clinic encourages its customers to have their bond checked with the claim that one out of four 60-year-old men need to be supplemented with glucosamine. If this is true, then the probability of the following events is Two out of the next eight 60 year old men need to be supplemented with glucosamine.
Glucosamine is a naturally occurring compound in the body. It is required for the formation and repair of cartilage as well as other body tissues.
Because glucosamine production slows in age, some people take glucosamine supplements to help them fight aging-related health issues like osteoarthritis. The majority of supplements are made from the shells of marine life, such as prawns and crabs.
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Hayes Inc. provided the following information for the current year: Beginning inventory 270units Units produced 920units Units sold 980units Selling price$320/unit Direct materials$52/unit Direct labor$33/unit Variable manufacturing overhead$32/unit Fixed manufacturing overhead$45,080/year Variable selling/administrative costs$25/unit Fixed selling/administrative costs$32,500/year What is the unit product cost for the year using absorption costing
Answer:
$163
Explanation:
Given the above information, the unit product cost using absorption costing is computed as;
= Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead per unit
= $52 + $33 + $32 + ($45,080/980)
= $117 + $46
= $163
PLEASE HELP!! Retirement plans-
Under what circumstances is it better to be taxed later(when you retire and draw money from your account) instead of now?
Answer:
Though retirement may seem far off, saving for it as early as possible will ensure you have enough money to get you through your retirement years. In addition, investing benefits from compounding returns, which will increase your money more over a longer period of time.
What are some elements of conventional morality that you think are morally mistaken? Be sure to provide the reasons that support your verdict.
An element of conventional morality that might be morally mistaken is caring about others' thoughts of you. This is wrong cause you will always be competing.
This is further explained below.
What are some elements of conventional morality that you think is morally mistaken?Generally, One of the most essential components of conventional morality is the idea that the individual in issue should give consideration to the opinions and perspectives of others.
Furthermore, one's moral value is determined by what other people think of them, which means that a person is a good person when other people approve of the behaviors they do.
In conclusion, pre-conventional morality is more egocentric, and it requires the individual to consider primarily in terms of how they could be penalized or how they might profit from their actions.
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Consider a firm redesigning its logistics network. What are the advantages of having a small number of centrally located warehouses? What are the advantages of having a larger number of warehouses closer to the end customers?
Small centrally located warehouses offer cost efficiency and simplified inventory management, while larger warehouses closer to customers provide faster delivery, better customer service, and cost savings in shipping.
Having a small number of centrally located warehouses offers several advantages in a firm's logistics network:
Cost Efficiency: Centralized warehouses can lead to cost savings in terms of inventory management, transportation, and operational overheads. With fewer warehouses, the firm can benefit from economies of scale in procurement, storage, and distribution.
Simplified Inventory Management: Managing inventory becomes more streamlined when there are fewer warehouses. It allows for better control and visibility over stock levels, reducing the risk of stockouts or overstocking.
Faster Transit Times: With centrally located warehouses, products can be shipped more quickly to various regions since they are closer to major transportation hubs. This reduces lead times and improves overall customer satisfaction.
Improved Coordination: Centralized warehouses facilitate better coordination and synchronization of supply chain activities. It becomes easier to manage inbound and outbound logistics, optimize transportation routes, and consolidate shipments.
On the other hand, having a larger number of warehouses closer to end customers provides the following advantages:
Faster Delivery: Proximity to end customers enables faster order fulfillment and delivery. Products can reach customers more quickly, reducing transit times and improving responsiveness.
Enhanced Customer Service: Local warehouses allow for better customization and personalization of service. They can cater to specific regional preferences, offer faster response times to customer queries, and handle returns or exchanges more efficiently.
Lower Shipping Costs: By locating warehouses closer to customers, transportation costs can be reduced as products travel shorter distances. This can lead to cost savings in shipping expenses.
Flexibility and Redundancy: Having multiple warehouses distributed geographically provides redundancy and flexibility in the supply chain. It mitigates the risk of disruptions, such as natural disasters or transportation issues, as the firm can rely on alternative warehouse locations.
In summary, a small number of centrally located warehouses offer cost efficiency and streamlined inventory management, while a larger number of warehouses closer to end customers provide faster delivery, improved customer service, lower shipping costs, and increased flexibility.
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Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production information follows:
Home Work
Direct materials cost per unit $38 $72
Direct labor cost per unit 23 40
Sales price per unit 359 573
Expected production per month 620 units 490 units
Harbour has monthly overhead of $180,660, which is divided into the following cost pools:
Setup costs $80,840
Quality control 68,620
Maintenance 31,200
Total $180,660
The company has also compiled the following information about the chosen cost drivers:
Home Work Total
Number of setups 41 53 94
Number of inspections 320 410 730
Number of machine hours 1,200 1,400 2,600
Required:
a. Suppose Harbour uses a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line.
b. Calculate the production cost per unit for each of Harbour's products under a traditional costing system.
c. Calculate Harbour's gross margin per unit for each product under the traditional costing system.
Answer:
Instructions are below.
Explanation:
a)
First, we need to calculate the predetermined overhead rate:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 180,660/2,600
Predetermined manufacturing overhead rate= $69.49 per machine hour
Now, we can allocate overhead to each product line:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Home= 69.49*1,200= $83,388
Work= 69.49*1,400= $97,286
b) We need to determine the unitary cost for each product:
Home:
Unitary cost= 38 + 23 + (83,388/620)= $195.50
Work:
Unitary cost= 72 + 40 + (97,286/490)= $310.54
c) Gross margin= selling price - unitary cost
Home:
Gross margin= 359 - 195.5= $163.4
Work:
Gross margin= 573 - 310.54= $262.46
Listed below are nine technical accounting terms introduced:
Variable costs Relevant range Contribution margin
Break-even point Fixed costs Semi-variable costs
Economies of scale Sales mix Unit contribution margin
Each of the following statements may (or may not) describe one of these technical terms. For each statement, indicate the accounting term described, or answer "None" if the statement does not correctly describe any of the terms.
a. The level of sales at which revenue exactly equals costs and expenses.
b. Costs that remain unchanged despite changes in sales volume.
c. The span over which output is likely to vary and assumptions about cost behavior generally remain valid.
d. Sales revenue less variable costs and expenses.
e. Unit sales price minus variable cost per unit.
f. The reduction in unit cost achieved from a higher level of output.
g. Costs that respond to changes in sales volume by less than a proportionate amount.
h. Operating income less variable costs.
Answer:
a. Break-even point
b. Fixed costs.
c. Relevant range.
d. Contribution margin.
e. Unit contribution margin.
f. Economies of scale
g. Semi-variable costs.
h. None.
Explanation:
a. The level of sales at which revenue exactly equals costs and expenses: Break-even point.
b. Costs that remain unchanged despite changes in sales volume: Fixed Costs.
c. The span over which output is likely to vary and assumptions about cost behavior generally remain valid: Relevant range.
d. Sales revenue less variable costs and expenses: Contribution margin.
e. Unit sales price minus variable cost per unit: Unit contribution margin.
f. The reduction in unit cost achieved from a higher level of output: Economies of scale.
g. Costs that respond to changes in sales volume by less than a proportionate amount: Semi-variable costs.
h. Operating income less variable costs: None.
what is 2 + 5
help
pls
Action research is an effective strategy to address teams who may not be functioning well. What might this
involve?
Select an answer:
Leadership meets to select model sites, collect information on successful learning plans, and write and implement a
plan from these model sites.
A consultant meets with managers to determine the main areas of concern, then jointly develops and reviews
improvement plans over time.
A management team consisting of the leaders of each key organizational group meets to develop and implement a
detailed learning plan for each group.
All employees within the organization are formed into new groups, each meet to develop a learning plan for a different
topic.
↓
Action research is an effective strategy to address teams who may not be functioning well because it involves a collaborative, reflective, and problem-solving approach that aims to improve team performance and dynamics. In this process, a consultant typically meets with managers to determine the main areas of concern, and then jointly develops and reviews improvement plans over time (Option B).
During the action research process, the consultant and managers work together to identify specific issues affecting the team's performance, such as communication barriers, lack of clear roles and responsibilities, or interpersonal conflicts. Based on these identified areas, they develop an action plan with specific goals and strategies to address the issues.
The action plan might include strategies such as training sessions, team-building activities, or the implementation of new processes to improve communication and collaboration within the team. Throughout the implementation of the action plan, the consultant and managers continually assess the progress and effectiveness of the strategies, making adjustments as needed to ensure that the desired outcomes are achieved.
In summary, action research is an effective strategy for addressing poorly functioning teams as it involves a collaborative, reflective, and problem-solving approach to improve team performance. The process typically involves a consultant working with managers to identify areas of concern, develop an action plan, and review and adjust the plan over time to achieve the desired outcomes. So, the correct option is B.
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4 "Youth culture" is a term that marketers use when they are trying to sell their product to which group?
children between the ages of 1-5
children between the ages of 6-10
teenagers
college students
Most businesses won't tell you the truth about their product or service.Their job is tell you the good things Your job is to find out the truth.
Most businesses won't tell you the truth about their product or service. Their job is to tell you the good things Your job is to find out the truth. this statement is true.
Business nouns are countable or uncountable. In more general and commonly used contexts, the plural can also be business. However, in more specific contexts, the plural can also be firm. Concerning various kinds of companies or collections of companies.
A company is defined as an organization or business entity engaged in commercial, industrial, or professional activities. A company can be either a commercial entity or a non-profit entity. Company types range from limited liability companies to sole proprietors, corporations, and partnerships. Business is made up of individuals working together to meet the needs of society and common goals. Examples of businesses include Coca-Cola and Walmart, as well as small private companies such as accounting firms and local grocery stores.
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On November 1, 2018, Mason Corp. sold $700,000 of its 10% term bonds dated October 1, 2018. The bonds were sold to yield 8%, with total proceeds of $800,000 plus accrued interest. Interest is paid every April 1 and October 1.
What amount should Mason report for interest payable in its December 31, 2018 balance sheet?
Answer:
$16,000
Explanation:
The computation of the amount reported for the interest payable is shown below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $800,000 × 8% × (3 months ÷ 12 months)
= $16,000
The three months should be taken from October 1 To November 1 and November 1 to December 31
We simply applied the above formula so that the interest payable amount could come
Spectra Scientific of Santa Clara, California, manufactures Q-switched solid-state industrial lasers for LED substrate scribing and silicon wafer dicing. The company got a $46 million loan, amortized over a 6-year period at 8% per year interest.
Required:
What is the amount of the unrecovered balance immediately before the payment is made at the end of year 1?
The amount of the unrecovered balance immediately before Spectra Scientific of Santa Clara, California made the first payment at the end of year 1 is $49,680,000.00.
What is future value?The unrecovered amount is the future value of the loan at the end of year 1 after the first year's interest has been added, and before subtracting the first payment.
The future value can be computed using the Future Value Formula below or an online finance calculator as follows:
Future Value Formula:FV = PV(1+r)^{n}
FV = future value
PV = present value
r = annual interest rate
{n} = number of periods interest held
Data and Calculations:N (# of periods) = 6 years
I/Y (Interest per year) = 8%
PV (Present Value) = $46,000,000
PMT (Periodic Payment) = $0
Results:
FV = $49,680,000.00
Annual Schedule of Payment and Balance:
Period PV PMT Interest FV
1 $46,000,000.00 $0.00 $3,680,000.00 $49,680,000.00
Thus, the amount of the unrecovered balance immediately before Spectra Scientific of Santa Clara, California made the first payment at the end of year 1 is $49,680,000.00.
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1. Which of categories are Internal controls are grouped?
A. Effective operations, financial reporting, and compliance.
B. Efficient operations, financial analysis, and compliance.
C. Efficient operations, financial analysis, and management reporting.
D. Production and operations, financial reporting, and management reporting
Answer: A. Effective operations, financial reporting, and compliance.
Explanation:
Internal controls are meant to promote the effectiveness of operations in a company so as to bring about maximum profitability.
Internal controls also fall under financial reporting because they are sometimes done to ensure that the information presented by a company is accurate and complete.
There are compliance controls as well to ensure that the company is complying with the various regulations that apply to them be it federal, state, local or private.
On November 1, 2018, Arch Services issued $ 331 comma 000of eightminusyearbonds with a stated rate of 14%at par. Interest payments occur each April 30 and October 31. On December 31, 2018, Arch made an adjusting entry to accrue interest at yearminusend.What is the amount of Interest Expense that will be recorded on December 31, 2018? (Do not round any intermediate calculations, and round your final answer to the nearest dollar.)
Answer:
Arch ServicesInterest Expense as at December 31:
Explanation:
a) Computation of Interest Expense:
Interest per annum = $331,000 x 14% = $46,340
Interest per month = $3,861.66667 ($46,340/12)
Interest for two months = $7,723 ($46,340/12) x 2
b) Interest on bonds is usually paid monthly, quarterly, semi-annually, or yearly. In this example, the interest is payable every six months, on April 30 and October 31. However, as the year ends on December 31, there is need to accrue interest expense for the period, in line with the accrual concept and matching principle of generally accepted accounting principles. These require that expenses are accrued for the period for which they are incurred and matched to the revenue that they produced whether payment was made or not for them.
Steve has built an online shopping website and he would like to increase his website ranking in the search results. You are his consultant. Which of the following would you recommend for him to help achieve his goal?
Your friend John works producing dress shirts and dress pants. Currently John can work a maximum of 8 hours per day. With the equipment he has, and the current level of expertise, he can finish either 2 shirts or 8 pairs of pants in an hour. This is true when he is performing at full capacity. Meaning doing the best possible work.
1. What is the maximum number of shirts he can make in a day? (10 points)
2. What is the maximum number of pants he can make in a day? (10 points)
3. What is the opportunity cost of making one pair pants (in terms of the amount of shirts he won't be able to make)? As an example, when you give up $20 dollars in exchange for 40 pencils, you can say that the “cost” per pencil was $0.50, because $20/40 = $0.50. (15 points)
4. What is the opportunity cost of making one shirt (in terms of the amount of pants he won't be able to make)? (15 points)
5. John's friend Anne, can make 2 shirts or 10 pairs of pants in an hour. Who has a lower opportunity cost of making shirts? In other words, who has a comparative advantage in the production of shirts? Explain your rationale (15 points)
6. Imagine now, that John and Anne are the only shirt and pants producers in their small town, how would you suggest that they spend their time at work to achieve the highest production of shirts and pants for the town? Explain your rationale. (15 points)
7. Imagine now, that John completes a training that doubles his capacity to make both shirts and pants per hour. a) What is the maximum number of shirts he can make in a day? b) What is the maximum number of pants he can make in a day? (15 points)
8. In 250 words, explain the relationship between comparative advantage and specialization. Support your answer with an example. (5 points)
To answer the questions provided, we must understand the concept of opportunity cost and comparative advantage and take the data into consideration.
John can make 16 shirts in day, that is, 2 shirts per hour worked, working 8 hours.Working 8 hours a day, John can make 64 pairs of pants, that is, 8 pairs per hour worked.The opportunity cost would be 0.25.The opportunity cost would be 4.Both John and Anne can make the same amount of shirts in an hour, so no one has a comparative advantage for the production of shirts.It would be best for them if Anne focused on making pants, since she can make more pants than John per hour. John would then focus on making shirts.a) John will make 32 shirts in a day, working 8 hours per day. b) John will make 128 pants a day, working 8 hours per day.Comparative advantage refers to being able to produce something at a lower opportunity cost than your competitors. Specialization, that is, the production of one specific product, can increase comparative advantage.What is opportunity cost?In economics, opportunity cost is what we do not gain, that is, what we miss from making a choice over another. If John chooses to use an hour to make 2 shirts, the opportunity cost refers to the pants that he will not make in that same hour.
Comparative advantage is related to who has a lower opportunity cost. Notice how Anne can make more pants than John in an hour. If she chooses to make shirts, she will be losing more than John. Thus, it is better for her to focus on making pants. John, on the other hand, should specialize in shirts, since his opportunity cost is lower.
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The company started when it acquired $38,000 cash by issuing common stock. Purchased a new cooktop that cost $14,200 cash. Earned $23,400 in cash revenue. Paid $12,500 cash for salaries expense. Adjusted the records to reflect the use of the cooktop. Purchased on January 1, Year 1, the cooktop has an expected useful life of five years and an estimated salvage value of $3,500. Use straight-line depreciation. The adjusting entry was made as of December 31, Year 1.
Required:
Record the above transactions in a horizontal statements model like the following one. (In the Cosh Flow column, indicate whether the item is an operating activity (OA), an investing activity (IA),a financing activity (FA) and net change in cash (NC). The letters NA indicate that an element is not affected by the event. Enter any decreases to account balances and cash outnows with。 minus sign.) Horizoetal Statements Model Balance Sheet Income Statement Statement of Cash Flows Event Assets Equity Common R Revenue -Expense Net Income Cash Equipment Bal
Answer:
Horizontal Statements Model
Balance Sheet Income Statement Statement of
Assets = Liabilities + Equity Revenue - Expenses = Profit Cash Flows
1. +$38,000)= 0 + $38,000 FA
2. +$14,200-$14,200 = L + E IA
3. +$23,400 = L + E +$23,400 - $23,400 OA
4. -$12,500 = L + E - $12,500 -12,500 OA
5. -$2,140 = L + E - $2,140 - 2,140 None
Total $46,760 = Liabilities + $38,000 + $8,760
Where A = assets
L = Liabilities
E = Equity
Explanation:
a) Data and Analysis:
Cash $38,000 Common stock $38,000
Cooktop $14,200 Cash $14,200
Cash $23,400 Sales revenue.
Cash $12,500 Salaries expense $12,500
Depreciation $2,140 ($14,200 - $3,500)/5
Systematic investing is a
approach to making an investment. You
start with low risk liquid investments and then go to more risky investments so the
principal will grow over time.
Yes, it is a true statement as to achieve a diverse portfolio outcome, it stresses data-driven insights, rigorous testing, and disciplined portfolio development methodologies.
What are the step by step in doing systematic investments?Some basic steps that are involved in the systematic investments are given below-
Step 1: Determine the risk appetite as well as the investment goal.
Step 2: Select a Mutual Fund for the Investment
Step 3: Choose a SIP start date.
Step 4: Determine the SIP's duration.
Step 4: Decide if the person want to invest in the stock market or online.
Thus, the statement is true.
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The given statement is correct. Systematic investing should start with a low-risk liquid investment, and then we have to move to more risky investments.
What is a Systematic Investing?Systematic investing is an investment technique that primarily focuses on data-driven insights and disciplined portfolio construction to seek verified portfolio results.
The systematic investing technique states that we should go for low-risk liquid investments on an initial level, then move to more risky investments.
Thus, to grow over time, you first invest in low-risk liquidity and then move into high-risk investments for investment.
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A requested tasA requested task is subject to be reported when:
Requesting for a screenshot
When it is asking for 3 proofs
When it requests for email address to be submitted
When it requires payment from the Workers in order to proceed with the taskk is subject to be reported when:
A requested task is subject to be reported when it requires payment from the Workers in order to proceed with the task. The appropriate response is option D.
What is a task?A task is an action that must be finished by a specific date or time in order to advance professional objectives. It is a minor but crucial task that helps to distinguish between different project components.
Work that needs to be done is referred to as a task, duty, job, chore, stint, or assignment. Task connotes work that is required by an employer, a higher authority figure, or other external factors. assigned a variety of duties. Duty denotes responsibility for performance or an obligation to perform.
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mr sumesh started selling cars at the age of 23 and he then started selling planes at the age of 43 years. what is the fraction of his agr did he sell the car?
Answer:
\(Fraction = \frac{20}{43}\)
Explanation:
Given
\(Cars = 23\)
\(Planes = 43\)
Required
Fraction of his age where he sold cars.
So, first we need to calculate the duration which he sold cars.
\(Duration = 43 - 23\)
\(Duration = 20\)
This means that he sold cars for 20 years.
To solve further, we'll assume that his current age is 43.
So, the fraction of his age is:
\(Fraction = \frac{Duration}{Current\ Age}\)
Substitute values for Duration and Current Age
\(Fraction = \frac{20}{43}\)