Answers
If the Talk of the Town Resort reports in its financial statements that it assumes that its business will continue until the assets are fully utilized, this is in accordance with the going principle.
What do you mean by asset?An asset is a resource having economic worth that a person, organization, or nation owns or manages with the hope that it may someday be useful. A company's balance sheet lists its assets. They are divided into current, fixed, financial, and intangible categories.
What kinds of things are assets?Intangible assets like patents, royalties, and other intellectual property are included in the category of assets together with tangible items like machinery, real estate, raw materials, and inventory.
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Related Questions
The parts of the process cost summary include:______.
a. cost charged to each job.
b. costs charged to departments.
c. cost assignment and reconciliation.
d. equivalent units of production.
Answers
Answer:
b. costs charged to departments. c. cost assignment and reconciliation. d. equivalent units of productionExplanation:
In Process costing, the company involved is producing a large amount of goods and services that are exactly the same. In order to assign costs therefore, the company will assign costs to all the products instead of individually.
Costs would be charged to various departments because they produce the goods so the entire department cost has to be assigned and reconciled with with the department that produce the goods. When the company only managed to partially complete the production of a good, they will still have to assign costs and so use equivalent units of production to do so.
compute the income elasticity of demand for each good and use the dropdown menus to complete the first column in the following table. then, based on the income elasticities, classify each good as either a normal good or an inferior good. (hint: be careful to keep track of the direction of change. the sign of the income elasticity of demand can be positive or negative, and the sign gives important information.)
Answers
Clubs. Demand elasticity evaluates the impact of elements like price and pay on patron interest in a specific product. A customer's fluctuating pay affects the flexibility of interest for a given item.
how would you define "income elasticity of demand"?"Income elasticity of demand" describes how responsive a certain decent's amount request is to variations in the actual pay of the customers that buy it. Calculating the pay flexibility of interest involves dividing the percent change in the amount asked by the percent change in pay. With the help of the interest rate pay flexibility calculator, you can determine if a certain product is a necessity or a luxury.
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how might a workers emotional state lead to an accident on the job
Answers
An employee's emotional state can have a significant impact on their job performance and potentially lead to accidents in the workplace.
Distraction: If an employee is feeling anxious, angry, or upset, they may be more prone to distraction and have difficulty focusing on their job.
Impaired decision-making: Negative emotions can impair an employee's decision-making ability. If they are feeling overwhelmed or stressed, they may not be able to think clearly and make sound judgments.
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A recipe for macaroni and cheese calls for 18 ounces of cheddar cheese to make 32 four-ounce portions. How much would cheddar would be needed to produce 40 eight-ounce portions?
Answers
Answer: 45 ounces of cheddar
Explanation:
18 ounces of cheddar is used to make 32 four-ounce portions.
To make 1 four-ounce portion requires;
= 18/32
= 0.5625 ounces of cheddar
Making 1 eight-ounce portion should therefore be double that;
= 0.5625 * 2
= 1.125 ounces of cheddar
To make 40 ounces;
= 1.125 * 40
= 45 ounces of cheddar
Case Study
Sovrano Café is considering a major expansion of its business. The details of
the proposed expansion project are summarized below:
- The company will have to purchase $950,000 equipment, that require
installation cost and transportation cost equal $100,000.
- The project has an economic life of 5 years.
- The cost can be depreciated using straight line method.
- At t = 0, the project requires that working capital will increase by $200,000
- The project’s salvage value at the end of 5 years is expected to be $60,000.
- The company forecasts that the project will generate $725,000 in sales the
first 2 years and $650,000 in sales during the last 3 years
- Each year the project’s operating cost excluding depreciation is expected to
be 50% of sales revenue.
- The company’s tax rate is 40%
- The company already pays marketing expenses equal 80,000.
- The project’s cost of capital is 10%
What do you recommend?
Answers
Based on the analysis of the cash flows, the expansion project seems feasible as it has a positive NPV of $142,919.49, and a profitability index of 1.15, indicating that the project will generate value for Sovrano Café and its shareholders.
To arrive at this conclusion, we first calculated the cash flows for the project, which included the initial investment, operating cash flows, salvage value, and tax savings from depreciation. We then discounted these cash flows using the project's cost of capital to calculate the net present value (NPV) and profitability index (PI).
The NPV of $142,919.49 suggests that the project's expected cash inflows exceed its expected cash outflows, taking into account the time value of money. The PI of 1.15 further supports the conclusion that the project will generate value for the company, as a PI greater than 1 indicates that the present value of the project's expected cash inflows exceeds the present value of its expected cash outflows.
Therefore, based on the financial analysis, it is recommended that Sovrano Café move forward with the proposed expansion project.
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Data related to the acquisition of timber rights and intangible assets during the current year ended December 31 are as follows:
Timber rights on a tract of land were purchased for $1,600,000 on February 22. The stand of timber is estimated at 5,000,000 board feet. During the current year, 1,100,000 board feet of timber were cut and sold.
On December 31, the company determined that $3,750,000 of goodwill was impaired.
Governmental and legal costs of $6,600,000 were incurred on April 3 in obtaining a patent with an estimated economic life of 12 years. Amortization is to be for three-fourths of a year.
Required:
1. Determine the amount of the amortization, depletion, or impairment for the current year for each of the foregoing items. Do not round your intermediate calculations.
Item Impairment, Amortization or Depletion Expense
a. $
b. $
c. $
Hide
2. Journalize the adjusting entries required to record the amortization, depletion, or impairment for each item.
Answers
Solution:
Given :
Timber rights were purchased for = $1,600,000
The stand of the timber is = 5,000,000 board feet
Goodwill impaired by the company = $3,750,000
Timber cut and sold during current year = 1,100,000 board feet
Government legal cost = $6,600,000
Therefore the amount of amortization , depletion and the impairment of the current year for each foregoing item are :
1.
Item Impairment, Amortization or the depletion
a). $ 352,000
b). $ 3,750,000
c). $ 412,500
2. Jornalizing the entries that required to record the depletion, amortization or the impairment of each of the items are :
a). The depletion expense = $ 352,000
Accumulated expense = $ 352,000
b). Loss from the impaired goodwill = $3,750,000
The goodwill = $3,750,000
c). Amortization expenses patent= $412500
Patent = $412500
If the cost of a package of 12 hamburger buns was $2.49, what would the unit price of one hamburger bun be?
Answers
2.49/12=0.2075$ for one bun
What does confirmation bias encourage?
Answers
The confirmation bias concept comes from the field of cognitive psychology and has been adapted to behavioral finance. Confirmation bias flourishes because it's an efficient way to process information, it promotes self-esteem, and it eases stress by eliminating conflict and contradictions.
Affirmation bias is a time period from the sphere of cognitive psychology that describes how humans certainly favor information that confirms their previously existing ideals. Professionals in the discipline of behavioral finance locate that this essential principle applies to buyers in notable ways.
Because buyers are seeking for out statistics that confirms their current evaluations and ignore facts or information that refutes them, they will skew the value in their selections based totally on their very own cognitive biases. This mental phenomenon takes place when buyers filter out probably useful facts and evaluations that don’t coincide with their preconceived notions.
Traders must be aware about their very own tendency closer to affirmation bias to be able to overcome negative decision-making, missing chances, and avoid falling prey to bubbles. Looking for contrarian perspectives and keeping off affirmative questions are two approaches to counteract affirmation bias.
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what is the importance of analyzing and recording transactions
Answers
a. At the beginning of the year, Addison Company's assets are $176,000 and its equity is $132,000. During the year, assets
increase $80,000 and liabilities increase $59,000. What is the equity at year-end?
b. Office Store Company has assets equal to $224,000 and liabilities equal to $194,000 at year-end. What is the equity for
Office Store Company at year-end?
c. At the beginning of the year, Quaker Company's liabilities equal $69,000. During the year, assets increase by $60,000,
and at year-end assets equal $190,000. Liabilities decrease $18,000 during the year. What are the beginning and ending
amounts of equity?
Answers
At the beginning of the year, Addison Company's assets will be:
a. The equity at year-end will be $197,000.
b. The equity for Office Store Company at year-end will be $30,000.
c. The beginning and ending amounts of equity will be $103
What is assets?
Assets are items of value owned by an individual or an organization. Assets are divided into two categories: tangible and intangible. Tangible assets are physical in nature, such as cash, land, buildings, equipment, inventory, and investments. Intangible assets are non-physical, such as intellectual property, goodwill, copyrights, and trademarks. Assets can be used to measure the value of a business and its performance.
a. Equity at year-end = $176,000 + $80,000 - $59,000 = $197,000
b. Equity for Office Store Company at year-end = $224,000 - $194,000 = $30,000
c. Beginning equity = $69,000; Ending equity = $190,000 - $69,000 - $18,000 = $103
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Conduct Internet research and find whether your state levies inheritance tax. and how is it different from the federal inheritance tax.
Answers
Answer:
My state is Wisconsin, and Wisconsin does not levy a state inheritance tax, nor a estate tax, being one of the 34 states that do not levy any of these two taxes.
This is in contrast with the federal leve, because there is a federal inheritance tax, although with a quite high exemption of around 11 million for individuals, and of 22 million for married couples.
Answer:Inheritance tax is a tax that a person has to pay on money or property inherited after the death of a family member, loved one, and so on. This tax is sometimes referred to as a death tax. It is fundamentally a state tax.
In the federal inheritance or estate tax, the tax value depends on the fair market value of the inheritance. The amount is then levied on the representative of the estate. The taxable amount comes from the value of the estate. Then, the balance goes to the beneficiary of the estate.
As per the state inheritance tax, the beneficiary of the estate must pay the taxable amount. For example, if five family members inherit a property from a deceased relative, each member will individually pay tax on their share of the inheritance
Only eight states have inheritance taxes, these include Indiana, Iowa, Kentucky, Maryland, Nebraska, New Jersey, Pennsylvania, and Tennessee. My state, the state of Texas, does not levy an inheritance tax. Even for states that do levy such taxes, many beneficiaries are exempt from the tax under various circumstances.
Explanation: plutos example after answering question so change it up a little dont use word for word.
The initial cash outlay of a project is X is Rs 100,000 and it can generate cash inflow of Rs 40,000, Rs 30,000, Rs 50,000 and Rs 20,000 in year 1 through 4. Assume a 10 per cent rate of discount. Assume that a project Y requires an outlay of Rs 50,000 and yields annual cash inflow of Rs 12,500 for 7 years at the rate of 12%.
A) Determine the:
1)NPV
2) IRR (Assume the above mentioned rate is the cut off point)
3) Pi
4) Payback period (expected period t is 3 years)
5) Discount payback period of both project (expected period is 4 years)
B) Make a decision whether to accept or reject the projects as individual project
C) Make a decision for both projects assume they are mutual exclusive type of projects
D) Make a decision for both projects assume they are mutual exclusive type of projects
Answers
A) Calculating the financial metrics for the projects:
For project X: Net Present Value (NPV): Discounted Cash Flow (DCF) for project X:
Year 1: Rs 40,000 / (1 + 0.10)^1 = Rs 36,363.64
Year 2: Rs 30,000 / (1 + 0.10)^2 = Rs 24,793.39
Year 3: Rs 50,000 / (1 + 0.10)^3 = Rs 37,190.08
Year 4: Rs 20,000 / (1 + 0.10)^4 = Rs 13,322.31
NPV = Sum of DCF - Initial Cash Outlay
NPV = Rs 36,363.64 + Rs 24,793.39 + Rs 37,190.08 + Rs 13,322.31 - Rs 100,000
NPV = Rs 111,669.42 - Rs 100,000
NPV = Rs 11,669.42
Internal Rate of Return (IRR):
Using the cash inflows and the initial cash outlay, we can calculate the IRR using a financial calculator or Excel. The IRR for project X is approximately 16.26%.
Profitability Index (PI):
PI = (Present Value of Cash Inflows) / (Initial Cash Outlay)
PI = (Rs 36,363.64 + Rs 24,793.39 + Rs 37,190.08 + Rs 13,322.31) / Rs 100,000
PI = Rs 111,669.42 / Rs 100,000
PI = 1.1167
Payback Period:
The payback period is the time it takes for the initial investment to be recovered.
Payback Period = 2 years and 8 months (approximately)
Discounted Payback Period:
To calculate the discounted payback period, we compare the discounted cash inflows to the initial cash outlay.
Discounted Payback Period = 3 years
For project Y:
NPV:
Discounted Cash Flow (DCF) for project Y:
Year 1-7: Rs 12,500 / (1 + 0.12)^1 + Rs 12,500 / (1 + 0.12)^2 + ... + Rs 12,500 / (1 + 0.12)^7 = Rs 69,282.60
NPV = DCF - Initial Cash Outlay
NPV = Rs 69,282.60 - Rs 50,000
NPV = Rs 19,282.60
IRR: The IRR for project Y is approximately 12%.
PI:
PI = (Present Value of Cash Inflows) / (Initial Cash Outlay)
PI = Rs 69,282.60 / Rs 50,000
PI = 1.3857
Payback Period:
The payback period for project Y is 4 years.
Discounted Payback Period:
Discounted Payback Period = 4 years
B) Decision for Individual Projects:
For project X:
NPV is positive (Rs 11,669.42)
IRR (16.26%) is greater than the discount rate (10%)
PI is greater than 1 (1.1167)
Payback period is less than the expected period of 3 years
Discounted payback period is less than the expected period of 4 years
Therefore, project X should be accepted as an individual project.
For project Y
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Calculate your month 1 expenses by adding the contents of column 8, your month 1 expenses. What is the total amount?
Answers
The total amount after adding month 1st expenses in the 8th column is 53,900$.
How to find?Lets add all the values in column 8-
= 2000+3000+3500+3250+4700+5575+6500+7500+8375+9500
= 53,900$
Hence, the total amount is 53,900$.
What are those expenses, exactly?Wages, salaries, repairs, rent, and depreciation are all examples of expenses. Profits are calculated by subtracting expenses from revenue. To lessen the tax burden and increase profits, businesses are permitted to deduct certain costs from taxes.
What are costs and expenses?Expenses are ongoing payments, whereas costs are one-time payments. Cost typically appears on the balance sheet, whereas expense appears on the profit and loss statement.
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3. As a project manager, you email all team members requesting their feedback on processes and their preferred
method of collaboration. Which aspect of effective team building does this scenario demonstrate?
Answers
The aspect of aspect of effective team building does this scenario demonstrates is "Promote psychological safety" (Option D)
What is Effective Team Building?Team development is a continuous process that assists a work group in becoming a cohesive one. Not only do team members share expectations for completing group work, but they also trust and support one another and appreciate one another's distinctive characteristics.
It fosters trust, reduces conflict, promotes communication, and fosters collaboration. Effective team building results in more engaged employees, which is beneficial to corporate culture and the bottom line. It may also be exciting and fun if done with a little flair.
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Full Question:
Although part of your question is missing, you might be referring to this full question:
As a project manager, you email all team members requesting their feedback on processes and their preferred method of collaboration. Which aspect of effective team building does this scenario demonstrate?
Answers
Prioritize tasks
Listen and ask questions
Celebrate team success
Promote psychological safety
2.2 List any TWO characteristics of public goods.
Answers
Answer:
non-excludable and Non-rivalrous
50K in 2018 what does it mean or what is it?
Answers
Answer:
50K in 2018 means that 50,000 dollars were earned in the year 2018, so this could refer to the annual income of a person or a household.
This would be equivalent to a monthly wage of 4,166 dollars each month, because 50,000 / 12 = 4,166.
This wage would be very close to the median wage in the United States.
-5/12 - (-9/3) how do i do this
Answers
Explanation:
\(-5/12 - (-9/3)\)
3. How do British Social Anthropologists place an emphasis on structural-functionalism or the function of social structures?
Answers
Answer: HELLO DO YOU REMEBER ME FRIEND?
Explanation:
Can someone explain this to me?
Since inflation is already factored into the data, what is the most likely reason that the costs of a doctorate degree rise to such a high level?
Answers
The rate at which prices increase over a specific time period is known as inflation.
What is the meaning of Inflation?Inflation is often measured in broad terms, such as the general rise in prices or the rise in a nation's cost of living.
Although low inflation might be detrimental, both levels can hurt the economy. The Fed will adopt the opposite strategy when the economy is having trouble or inflation is too low by cutting interest rates or purchasing assets to boost cash flow.
The main cost of inflation is the erosion of real income, which occurs when prices rise unevenly and cause some customers' purchasing power to decline. For both those who receive and pay fixed interest rates, inflation might over time affect their ability to make purchases.
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reflection about simulation in second day and third day
Answers
Simulation is the process of imitating the operations of a real-world system or process over time. It is usually used to analyze the behavior of complex systems and can provide useful insight into how the system will behave under different circumstances.
The second and third days of the simulation were quite interesting. During this time, we were able to put into practice some of the concepts we had learned during the previous days of the simulation. We were able to work as a team and coordinate our efforts to achieve the desired outcome.
One of the things I noticed during this time was how important communication is when working in a team. It is vital to be able to communicate effectively with other team members to ensure that everyone is on the same page and that the project is progressing smoothly.
We were able to learn from our mistakes and adjust our strategies accordingly. This was a valuable experience as it helped us to develop our problem-solving skills and taught us how to be adaptable and flexible in the face of changing circumstances.
Overall, I found the second and third days of the simulation to be a great learning experience. It provided us with an opportunity to put into practice the skills and concepts we had learned during the first day of the simulation. We were able to work collaboratively as a team and learn from each other's strengths and weaknesses. I believe that the simulation has helped me to become a better problem solver and a more effective team player.
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Discuss the implication of government domestic debt on a time value of money
Answers
The concept of the money's time value states that given its prospective earning power, money is worth more than a comparable amount in the future. in relation to the domestic debt of the government.
Discuss the effects of domestic government debt on the time value of money.A government effectively raises the amount of money in the economy when it borrows by issuing bonds. Since inflation lowers the money's purchasing power and hence its temporal value, this expansion of the money supply has the potential to cause inflation. The demand for treasury securities may decline and their yield may rise if inflation is strong and is predicted to stay high, which will raise the cost of financing for the government. Furthermore, a high level of public debt may raise questions about how well the government will be able to pay off its debts in the future, which may undermine investor confidence and weaken the market for government bonds. This may increase the government's borrowing costs, which would have an impact on the time value of money once more.
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In this assignment, you will develop a more personalized understanding of the Balanced Scorecard concept and see how your vision and mission can be linked to your goals and objectives. Using the S-M-A-R-T tools in section 6.7 of Chapter 6 in the text, create your own list of goals and objectives.
Create 4 to 5 S-M-A-R-T goals and objectives and demonstrate how they link to your Strategy Diamond and personal vision and mission statements.
Be sure that your Learning Journal entry is a minimum of 500 words.
Answers
Answer: The answer is provided below.
Explanation:
The following are my SMART goals:-
Specific
1. I want to be physically fit within 5 months so as to be able to run a marathon in less than 2 hours.
2. I want to become a head of department in my current organization from my current position as a junior staff within the next 4 years in order to be able lead a team.
3. I want to become an amazing and better husband to my wife through spending more quality time with her.
4. I want to become a better father to my children by spending time with them and helping them with their school works.
Measurable
1. I would start my training from the following week. I would begin by running 3 to 5 kilometers with walk breaks.
2. I would talk to my boss next week and request for more responsibilities and also to ask him the requirements neccesary to get promoted.
3. I would come back from office early and spend time with my wife.
4. I would come early from work and spend my weekends together with my children.
Attainable
1. I will talk to other marathoners to know whether my goal is attainable and will also research about it.
2. I will talk to my colleagues whom are head of departments about how they were promoted.
3. I will talk to other husbands that are successful.
4. I will talk to other dads to know whether my goal is attainable.
Realistic
When I start measuring my progress weekly and getting a feedback from people whom I admire, then I would know how realistic my goals are.
Timely
I have given a time frame for the attainment of all these goals which is very vital.
For implementing these goals, I m going to use the Plan-Do-Act-Dare cycle.
Since my objective is to become a well rounded person in my personal and also my professional life, the above steps will surely help me in becoming that person.
The strategy diamond will consist of:-
1. Arenas- Professional and Personal
2. Vehicles- Focus and hard work
3. Differentiation- Being different and unique from others.
4. Staging- Speed of initiatives
There should also be an economic logic that is binding this.
The owner of Kat Motel wants to develop a time standard for the task of cleaning a cat cage. In a preliminary study, she observed one of her workers perform this task six times, with the following results:
Observation
1
2
3
4
5
6
52
Time (seconds)
27
30
54
69.8
98
What is the standard time for this task if the employee performance rating is 5.9% percent, and an allowance of 10.8 percent of job time is used?
seconds
Answers
Given: 1 2 3 4 6 Observation Time 5 93 99 87 90 81 90. Observed Time = Average of 6 samples -> ( 99+87 + 90 + 81 + 93 + 90 )/6 = 90. This observed time is at 50% faster rate. Hence Normal Time would be 90*3/2 = 135 seconds.
Standard Time : The standard time for a job can be obtained by multiplying the normal time by an appropriate allowance factor. Hence Standard Time = 135*1.1 = 148.5 ~ 150 seconds.
The synchronisation of clocks inside an area of geography to a single time standard, instead of a local mean time standard, is known as standard time. In general, standard time agrees with local mean time at a few meridian that passes through the area, usually near the centre. Standard time was established in the nineteenth century to help with weather forecasting as well as train travel. Geographical regions became time zones when they were applied globally in the twentieth century.
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The 15-year average return for the S&P 500 from January 1973 to December 2016 (29 separate 15 year periods) was as high as a 20% average annual return and as low as a 3.7% average annual return. Additionally, the average dividend yield for the S&P is 4.11% and the average annual dividend growth rate is 6.11%.
Using this information, please compare the investment in the 5% 15-year corporate bond with a $100,000 investment in a stock with a 3.7% dividend yield (10 percent less than the S&P 500 average yield) and a 3% dividend growth rate (50 percent of the S&P 500 dividend growth rate).
The annual investment returns are as follows:
Year 1 (13.40%) Year 2 (23.37%) Year 3 26.38% Year 4 8.99%
Year 5 3.00% Year 6 13.62% Year 7 3.53% Year 8 (38.49%)
Year 9 23.45% Year 10 12.78% Year 11 0.00 Year 12 13.41%
Year 13 29.60% Year 14 11.39% Year 15 (0.73%)
The bond interest payment of 5 percent is paid annually and not reinvested. To compare accurately with the bond investment, the stock dividend will not be reinvested, but paid annually as well.
Please calculate the value of the stock account at the end of each year and the dividend income from the stock on an annual basis.
Once you have performed the calculations, please let me know if you prefer to invest in a 5% corporate bond for 15 years or the stock and why.
What is the value of the stock after year 2? Year 8? Year 11? When does the annual dividend income of the stock exceed the annual interest income of the bond?
Answers
1. The value of the stock account after Year 2 is $155,401.626.
2. The value of the stock account after Year 8 is $96,110.0674.
3. The value of the stock account after Year 11 is $96,110.0674.
4. The annual dividend income of the stock exceeds the annual interest income of the bond at the end of Year 15.
Bond interest rate: 5%
Stock dividend yield: 3.7% (10% less than S&P 500 average yield)
Stock dividend growth rate: 3% (50% of S&P 500 dividend growth rate)
We'll assume an initial investment of $100,000.
Year 1:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $100,000 + ($100,000 * 0.2337) = $123,370
1. Year 2:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $123,370 + ($123,370 * 0.2638) = $155,401.626
2. Year 8:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $155,401.626 + ($155,401.626 * (-0.3849)) = $96,110.0674
3. Year 11:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $96,110.0674 + ($96,110.0674 * 0) = $96,110.0674
4. At the end of Year 15, the dividend income of the stock exceeds the interest income of the bond.
Stock dividend income: $100,000 * 0.037 = $3,700
Bond interest income: $100,000 * 0.05 = $5,000
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How are a startup's financing requirements estimated
Answers
Answer:
How are Startups Financing Requirements Estimated?
1. Make Use of a Startup Work Sheet to be Able to Plan the Initial Financing.
2. Focus on the Expenses versus Assets. Another way for startups to estimate their financing requirements is by means of focusing on the expenses versus assets.
3. Similar Articles.
4. Cash Balance Prior to the Starting Date.
Explanation:
a company purchased new furniture at a cost of $30,000 on september 30, the furniture is estimated to have a useful life of 4 years and a salvage value of $3,600. The company uses the straight-line method of depreciation. How much depreciation expense will be recorded for the furniture for the first year ended december 31
Answers
$412.5
Explanation:
(cost - salvage) ÷4
Then multiply the answer by 3/48
(1) As the VP of human resources, you are trying to determine how much your organization should invest in leadership development. Which of the following factors indicate that leadership skills are less relevant to the organization’s success? Check all that apply.
A) Most employees are highly experienced.
B) Rewards such as pay and promotions are highly valued by employees.
C) Employees find their work intrinsically satisfying.
D) The organization typically hires people with entrepreneurial backgrounds.
(2)You are giving a presentation to a group of managers on transformational leadership. Which of the following would you emphasize as a benefit that this type of leader brings to the organization?
A) Reducing the amount of employee dissent
B) Stimulation of new ways of thinking
C) More precise control mechanisms
D) Methodical decision making
Answers
Answer:
Factors that indicate that leadership skills are less relevant to the organization's success are:A) Most employees are highly experienced.
C) Employees find their work intrinsically satisfying.
2. A benefit that transformational leadership brings to the organization is:
B) Stimulation of new ways of thinking.
19. If line 18 is more than line 15, subtract line 15 from line 18. This is the amount you overpaid?
Answers
when the business cycle or economic activity is declining the economy is said to be what
Answers
Answer:
Contraction
Explanation:
Contraction is when the level of economic activities in a country goes down. There is decreased productivity in the country, as indicated by a decline in the GDP value. At contraction, the economy will experience a drop in real incomes, retail sales, and industrial production. The unemployment rate begins to rise steadily as companies stop hiring while other lay-off workers due to reduced demand.
For each of the following items, indicate by using the appropriate code letter, how the item should be reported in the statement of cash flows, using the direct method.
Potential Matches:
1 : Declaration and payment of a cash dividend.
2 : Decrease in accounts receivable during a period.
3 : Conversion of bonds payable into common stock.
4 : Purchase of land for cash.
5 : Decrease in merchandise inventory during a period.
6 : Decrease in accounts payable during a period.
7 : Issuance of preferred stock for cash.
8 : Sale of equipment for cash at book value.
: Added in determining cash receipts from customers
: Added in determining cash payments to suppliers
: Deducted in determining cash payments to suppliers
: Cash outflow-investing activity
: Cash inflow-investing activity
: Cash outflow-financing activity
: Cash inflow-financing activity
: Significant non-cash investing and financing activity
Answers
Answer and Explanation:
The matching is as follows;
1. The cash dividend should belong from financing activity as a cash outflow
2. If there is an decrease in the account receivable so it would be added for calculating the cash receipts from customers
3. The bond payable would be converted into common stock so this is a non-cash investing and financing activity
4. The land should be purchased for cash so it belong from investing activity as a cash outflow
5. There is a reduction in the merchandise inventory so it would be subtracted for calculating the cash payment made to suppliers
6. There is a reduction in the account payable so it would be added for calculating the cash payment made to suppliers
7. The preferred stock is issued for cash belong from financing activity as a cash inflow
8. The equipment is sold at the book value belong from investing activity as a cash inflow