Option (d), The current account includes income earned on foreign assets held by the United States as well as interest paid to foreigners on American investment assets.
the current account in detail.The current account and the capital account serve as the balance of payments system's two fundamental cornerstones. Transactions in international trade are tracked by the current account.
A current account is comparable to a checking account in that it measures the inflow and outflow of cash, but a capital account is similar to a savings account in that it tracks changes to the positions of assets. Interest received on foreign assets and interest paid to foreigners on U.S. assets are both flows of funds and are therefore both recorded in the current account.
Do I have to report interest I received on accounts in foreign nations?U.S. persons who have a financial stake in, signing authority over, or other control over one or more accounts, such as bank accounts, brokerage accounts, and mutual funds, in another nation are obliged by the Bank Secrecy Act to file a Report of Foreign Bank and Financial Accounts since 1970. (FBAR).
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Select all the ways you can help children maintain social distance:
1) Stagger arrival times
2) Allow children to play outdoors in mixed groups
3) Place napping cots head to toe
4) Space children at least 6 feet apart for table activities
Answer:
1,2,4
Explanation:
1. This will reduce interaction between children
2. By playing outdoors, it will improve ventilation
4. Distancing helps reduce interactiosn
Answer:
Answer Below
Explanation:
4) Space children at least 6 feet apart for table activities
1) Stagger arrival times
3) Place napping cots head to toe
Managers spend most of their time:
Authorizing budgets and expenses
O Monitoring employee work
O Planning
O Communicating
Managers spend most of their time D. Communicating.
What do managers spend most of their time doing ?Communication is a key aspect of a manager's role and is often considered one of the most time-consuming activities. Managers spend a significant portion of their day communicating with a variety of stakeholders, including employees, other managers, customers, suppliers, and senior executives.
Effective communication is essential for a manager to be successful in their role. It is critical for building and maintaining relationships, conveying information, sharing ideas, making decisions, and motivating and engaging employees.
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Better managing a daily scheduler through effective time management can reduce stress on the job.
Answer:
Good time management is essential if you are to handle a heavy workload without excessive stress. Time management helps you to reduce long-term stress by giving you direction when you have too much work to do. It puts you in control of where you are going and helps you to increase your productivity
Answer:
it helps put your daily life at relief
Explanation:
Write a 1-page memo to the CEO. Include each chart (3) and a paragraph per chart. Each paragraph should explain the story of each visualization and explain why visualizations are important.
STEP 2
Income CATEGORIES PERCENTAGE NUMBER
$100,000 to $124,999 8% 2
$125,000 to $149,999 4% 1
$20,000 to $24,999 4% 1
$25,000 to $34,999 29% 7
$35,000 to $49,999 13% 3
$50,000 to $74,999 17% 4
$75,000 to $99,999 21% 5
Decline to answer 4% 1
24
STEP 3
GENDER PERCENTAGE NUMBER
Female 54% 13
Male 46% 11
24
STEP 4
QUESTION RESPONSES PERCENTAGE NUMBER
0 6% 1
2 11% 2
5 28% 5
6 11% 2
7 17% 3
8 11% 2
9 6% 1
10 11% 2
18
Answer:
[Your Name]
[Your Position]
[Date]
Subject: Insights from our Survey - A Window into the Lives of our Valued Customers
Dear [CEO's Name],
I hope this message finds you well. I wanted to take a moment to share some fascinating insights from the recent survey we conducted among our cherished customer base. To make the data more relatable and easier to grasp, I have transformed the findings into a series of engaging visualizations. These visuals not only bring the data to life but also allow us to truly connect with our customers on a human level. Let's dive into the story behind each visualization and explore why these visual representations are crucial in understanding our customers.
Chart 1: Income Categories - Reflecting the Lives of our Customers
This insightful chart provides a glimpse into the diverse income categories of our survey respondents. As you observe the bars rise and fall, you can visualize the financial landscapes our customers navigate. From the bustling middle-income group, representing 29% of respondents, to the resilient individuals in the $75,000 to $99,999 range, accounting for 21% of participants, we gain an intimate understanding of the financial tapestry that influences their decisions.
By presenting this information in such a humanized manner, we can empathize with the varying needs and aspirations of our customers. This visualization guides us in tailoring our products and services to better address the unique challenges and aspirations of each income segment.
Chart 2: Gender Distribution - Celebrating Diversity and Inclusion
This delightful pie chart celebrates the diversity among our survey participants by highlighting their gender identities. As you glance at the vibrant slices, you witness the vibrant mosaic of our customer base. With 54% of respondents identifying as female and 46% as male, we recognize the importance of inclusivity and strive to ensure our products and services cater to the needs and desires of all genders.
Visualizations like this one allow us to see the human faces behind the data. It reminds us to embrace diversity and equality in our business operations, ensuring that every customer feels heard and valued.
Chart 3: Question Responses - Unveiling Our Customers' Voices
Within this insightful bar chart, we uncover the authentic voices of our customers through their responses to a specific question. The bars rise and fall, revealing the choices they made and their preferences. The most popular response, "5," chosen by 28% of participants, demonstrates the collective sentiment that echoes among our customers. As we observe the varying heights of each bar, we gain a deeper understanding of their thoughts and desires.
Visualizations like this empower us to hear our customers' voices loud and clear. By listening attentively to their responses, we can make informed decisions that resonate with their needs, aspirations, and desires.
In summary, these captivating visualizations humanize our survey data, enabling us to truly connect with our customers and gain invaluable insights. By considering the stories behind each chart, we ensure that our strategies, products, and services align with their lived experiences. Together, we can build lasting relationships, foster inclusivity, and deliver the exceptional experiences our customers deserve.
Thank you for your time and attention. Should you have any questions or require further information, please don't hesitate to reach out.
Warm regards,
[Your Name]
[Your Position]
Explanation:
A new manufacturing machine is expected to cost $278,000, have an eight-year life, and a $30,000 salvage value. The machine will yield an annual incremental after-tax income of $35,000 after deducting the straight-line depreciation. Compute the accounting rate of return for the investment.
Answer:
22.7 %
Explanation:
Accounting rate of return = Average Profits / Average Investments × 100
Where,
Average Profit = Sum of Profits ÷ Number of Years
= $35,000
and
Average Investment = (Initial Investment + Salvage Value) ÷ 2
= ($278,000 + $30,000) ÷ 2
= $154,000
Therefore,
Accounting rate of return = $35,000 ÷ $154,000
= 22.7 %
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.
mary a second year college student wants to earn extra pocket money.she is good with making hamburgers,so she is considering opening up a hamburger stall on weekends at the local flea market near the campus
The answer is , since we know that each hamburger costs R5 to make, and Mary would like to sell her double cheeseburgers at the same price as her major competitor, R15 each.
What to do-
In order to cover her costs, she needs to sell enough hamburgers to generate R2000 in revenue. Since each hamburger is sold for R15, this means she needs to sell 133.33 hamburgers per day:
R2000 ÷ R15/hamburger = 133.33 hamburgers/day.
It is good to note that she needs to sell more hamburgers than her competitors, to generate the same amount of money while having additional costs.
What does a company' revenue mean?Revenue for a company is its gross income before deducting any costs. Revenue is the financial benefit from sales and/or services provided and is defined by profits and total earnings.
Difference between revenue and profit?Profit refers to net income after deducting expenditures from earnings, whereas revenue refers to income produced via company activities.
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Nevertire Ltd purchased a delivery van costing $52,000. It is expected to have a residual value of $12,000 at the end of its useful life of 4 years or 200,000 kilometers. Ignore GST.
Required:
a) Assume the van was purchased on 1 July 2019 and that the accounting period ends on 30 June. Calculate the depreciation expense for the year 2019–20 using each of the following depreciation methods
straight-line.
diminishing balance (depreciation rate has been calculated as 31%).
units of production (assume the van was driven 78,000 kilometers during the financial year).
b) Record the adjusting entries for the depreciation on 30 June 2021 using a diminishing balance method.
c) Show how the van would appear in the balance sheet prepared at the end of year 2 using the Straightline method.
Answer:
a.
Straight line method
This method gives a uniform depreciation figure over the lifetime of the asset. Formula is,
= ( Cost - Residual Value) / Useful life
= (52,000 - 12,000) / 4
= $10,000
Diminishing Balance Method
This method applies depreciation at a faster rate so that the assets depreciates faster in it's earlier years.
Formula is,
= Cost * Depreciation rate
= 52,000 * 31%
= $16,120
Units of Production
This method depreciates based on the usage of the asset vs the total capacity of the asset. Assuming the van was driven 78,000 kilometers during the financial year
Formula is,
= (( Cost - Residual value) * units for the year) / Estimated production capacity
= ((52,000 - 12,000)*78,000)/200,000
= 3,120,000 / 200,000
= $15,600
b.
Date
June 30 2021
DR Depreciation $11,123
CR Accumulated Depreciation $11,123
Working
June 30 2021 Depreciation
= ( Cost - 2020 Depreciation ) * 31%
= (52,000 - 16,120 ) * 31%
= 35,880 * 31%
= $11,123
c. Straight line depreciation is constant so Value at the second year using Straight line will be,
= Cost - 2020 Depreciation - 2021 Depreciation
= 52,000 - 10,000 - 10,000
= $32,000
Balance sheet excerpt,
Particulars Amount
Assets
Fixed assets
Vechicles $32,000
Someone who takes charge and solves problems without being asked to is demonstrating.
a. loyalty
b. malleability
c. cooperativeness
d. initiative
.
Answer:
D.
Explanation:
What step of the scientific method involves a cosmetologist trying to determine what is behind a clients issue that needs to be addressed? 
A) Identify the problem
B) Develop the explanation
C) Predict future events
D) Test predictions
I’m so stuck on this question cause I would say all of above but there is no selection for that so I just want a second opinion.
Answer:
A) Identify the problem is the correct answer.
Explanation:
The scientific method is a systematic approach to solving problems and answering questions that involves the following steps:
Identify the problem: This is the first step in the scientific method and involves identifying a problem or question that needs to be addressed. In the case of a cosmetologist trying to determine what is behind a client's issue, this step would involve identifying the specific problem that needs to be addressed, such as a particular skin condition or hair issue.
Develop a hypothesis: After the problem has been identified, the next step is to develop a hypothesis, or an educated guess, about what might be causing the problem.
Test the hypothesis: The third step involves conducting experiments or observations to test the hypothesis.
Analyze the results: This step involves analyzing the data collected during the testing phase to see if the hypothesis was supported or not.
Draw conclusions: Based on the analysis of the results, the final step is to draw conclusions about the problem and communicate the findings to others.
Therefore, the step of the scientific method that involves a cosmetologist trying to determine what is behind a client's issue that needs to be addressed is A) Identify the problem.
Suppose a country`s workers can produce 4 watches per hour or 12 rings per hour. If there is no trade,
Suppose a country`s workers can produce 4 watches per hour or 12 rings per hour. If there is no trade,: The opportunity cost of 1 watch is 3 rings.
What is opportunity cost?Opportunity cost can be defined as the way in which a person tend to forgone others alternative as a result of choosing an alternatives .
Example of opportunity cost is when a student choose to forgone the choice of watching a movies because the student want to read for his/her examination.
Now let find the opportunity cost;
Opportunity cost = 12 rings / 4 watches per hour
Opportunity cost = 3 rings
Therefore the opportunity cost of 1 watch is 3 rings.
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1. Deirdre has one hour this afternoon in which she can either practice the piano for the upcoming school concert, work at
the library for $7 per hour, or babysit her neighbor's son for $10 per hour. Deirdre chooses to practice the piano, but
if she hadn't chosen to practice the piano, she would have chosen to babysit over working at the library. What is the
opportunity cost of Deirdre's decisions
A. The value gained from practicing the piano for an hour.
B. The value of babysitting her neighbor's son for an hour.
C. The value of working at the library for an hour.
D. The value of babysitting her neighbor's son and working at the library for an hour.
Answer:
The correct answer is B) The value of taking care of her neighbours son for 60 minutes.
Explanation:
Opportunity Cost belongs more in the parlance of microeconomics and is used to describe the idea that one cannot have everything all the time. There are alternative ends competing for limited means. In order words, when we decide to take a course of action, in the hope of achieving a thing or getting a reward, there is always another benefit forgone.
So knowing that there is an opportunity that was foregone helps the microeconomist to think carefully about what they want to achieve using the limited resources at their disposal.
Further simplified, if I have $5 dollars to spend, and that amount can purchase either a cupcake or a cup of ice cream, the one I chose to buy becomes the opportunity taken, whilst the alternative forgone is the opportunity cost.
Therefore, the cost of an item is not just the amount of money for which it was purchased, but all other alternatives with which the same amount could have been purchased.
In the question above, Deidre would have chosen to babysit her neighbor's son. That to her is the next best use of her time, and therefore the opportunity cost. According to the question, she wouldn't have worked in the library even if she had nothing else to do. Hence, that does not pass as opportunity cost.
Opportunity cost must be an alternative choice and is very subjective.
Cheers!
According to Maslow's hierarchy of needs theory, the need for fringe benefits is an example of needs.
The second-most important need, according to Maslow's theory of the hierarchy of needs, is safety, which is reflected in workplace perks like job security.
The importance of Maslow's hierarchy of requirementsThe model of choice for illuminating the physiology of human motivation is Maslow's hierarchy of needs. It will enable you to spend less time speculating about what makes your employees tick and more time engaging in activities that inspire them.
How is the philosophy of Maslow applied today?We can think more freely and tactically as practitioners thanks to Maslow's approach. Understanding career development plans, methods, goals, and experiences aids both ourselves and our clients. It gives us the information necessary to pinpoint our interests, skill sets, abilities, and values.
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forward linking sector
Answer:
wut?
Explanation:
In late 2022, P&S Corp sells product to a client who, instead of paying cash, signs a non-interest-bearing note promising to pay in three years. This amount is based on a 6% interest rate, resulting in the present value of the note being $150,000. How much sales revenue will be recorded for this sale in 2022?
Zero interest bearing notes are debt obligations that have been issued by a company but have no dividend yield associated with them.
What is a non-interest-bearing note ?The issuing corporation is not compelled to continue paying interest to investors after the issuance of such securities. These are also referred to as zero-coupon bonds.
Because they are not subject to periodic interest, the corporation issues zero interest bearing notes at a significant discount to their face value. These securities also have a fixed maturity length. Every time the notes mature, the company is required to give the investors their full face value back.
Hence the amount of sale will be recognized
= $150000/1.06^(4)
= $ 1,18,841
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All other things being equal, supply curves slope upwards from left to right because
In most cases, the supply curve is drawn as a slope rising upward from left to right, since product price and quantity supplied are directly related (i.e., as the price of a commodity increases in the market, the amount supplied increases). ... A change in any of these conditions will cause a shift in the supply curve.
John feels that he owns an insignificant percentage of shares and he wants to sell his shares what otherwise would you offer him provide three points
If John purchased a minor share, he must replace it with other potentially profitable options.
What options does he have?There are several ways to invest in the financial market. The first is to buy a bond, also known as a fixed income security, in which he will receive interest along with the principal at maturity.
Second, he can analyse the market and find the best or most profitable share at the time, and then invest in that share to profit in the future.
He can also go to the option market, where he can pay a small amount of money as a premium or give the person the right to buy or sell the share in the future.
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Use sensitivity analysis to determine the range of demand probabilities for which each of the decision alternatives has the largest expected value. (Round your answers to four decimal places.) If the probability of strong demand falls below 690 Incorrect: Your answer is incorrect. , the discount Correct: Your answer is correct. service is the best choice. If the probability of strong demand is greater than 980 Incorrect: Your answer is incorrect. , the full price Correct: Your answer is correct. service is the best choice.
Answer: Hello attached below is the missing part of your question
answer : discount will be the preferred service, if the probability of strong demand is less than 0.5786
Explanation:
The full price ( EV ) = (960)*p + ( -490 )*(1-p)
= 960p + 490p - 490
= 1450p - 490 ------------- ( 1 )
Discount price ( EV ) = (370)*p + (320)*(1-p)
= 370p - 320p + 320
= 50 p + 320 ---------------- ( 2 )
equate equation 1 and 2
1450p - 490 = 50p + 320
1450p - 50p = 320 + 490
∴ p = 810/1400 = 0.5786
Hence discount will be the preferred service, if the probability of strong demand is less than 0.5786
Entrepreneurs generally think differently about resources than do employee-managers in which of the following ways?
Managers want larger budgets; entrepreneurs work to do more with less.
How do entrepreneurs approach resources differently from employee-managers?Entrepreneurs have a distinct mindset when it comes to resources compared to employee-managers. While managers often seek larger budgets to accomplish their goals, entrepreneurs tend to focus on doing more with less.
This difference in perspective stems from the inherent nature of entrepreneurship which involves taking calculated risks and maximizing efficiency in resource allocation.
Entrepreneurs understand that resources, such as capital, time, and manpower, are limited and valuable. They recognize that acquiring substantial budgets may not always be feasible, especially in the early stages of a venture.
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Find the area of the curved surface of a cylinder having a radius 16 cm and length 38 cm.Express the area in meters.
Answer:
1216πm^2
Explanation:
radius of cylinder= 16 cm
height of cylinder = 38 cm
Then,
Curved surface area = 2πrh
= 2×22/7×16×38
=3821.72m^2 or 1216πm^2
Henri, Jon, Camilla, and Olivia are working together to create a presentation for a virtual conference. What is the MOST logical and effective way to assign tasks to group members?
Each team member should draw their tasks randomly out of a hat.
Females should always work on text; males should work on visuals.
Delegate tasks based on each team member's strongest skillset.
Divide the deck so each person creates an equal number of slides.
The most effective way to ensure that the team works efficiently and produces a high-quality outcome.
The most logical and effective way to assign tasks to group members is to delegate tasks based on each team member's strongest skillset. This ensures that each person is assigned tasks that they are best suited to complete, and thus the team can work together more efficiently and produce a higher quality outcome.
It is important to consider each team member's strengths and weaknesses, and to allocate tasks accordingly.
Randomly drawing tasks out of a hat may not ensure that each team member is working to their strengths, and may result in some team members being assigned tasks that they are not particularly skilled at.
Assigning tasks based on gender is also discriminatory and not a fair or effective way to allocate work.
Dividing the deck equally may be a good way to ensure that each team member has an equal workload, but it does not necessarily take into account individual strengths and may result in some team members being overworked while others are underutilized.
Overall, assigning tasks based on each team member's strongest skillset is the most effective way to ensure that the team works efficiently and produces a high-quality outcome.
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During its first year of operations, Drone Zone Corporation (DZC) bought goods from a manufacturer on account at a cost of $55,000. DZC returned $8,500 of this merchandise to the manufacturer for credit on its account. DZC then sold $43,000 of the remaining goods at a selling price of $69,600. DZC records sales returns as they occur and then records estimated additional returns at year-end. During the year, customers returned goods that had been sold at a price of $7,300. These goods were in perfect condition, so they were put back into DZC’s inventory at their cost of $4,500. At year-end, DZC estimated $9,510 of current year merchandise sales would be returned to DZC in the following year; DZC estimates $5,800 as its cost of this merchandise.
Required:
Prepare journal entries to record DZC's transactions and estimates, assuming DZC uses a perpetual inventory system.
Answer:
Explanation:
Journal Entries
Event Account Title and Explanation Debit Credit
1 Inventory (or merchandise) $ 55,000
Accounts Payable $ 55,000
To record the purchase on account
2 Accounts Payable $ 8,500
Inventory (or merchandise) $ 8,500
To record return the merchandise
3. Cash ( or Accounts receivable) $69,600
Sales Revenue $ 69,600
To record sales revenue
4. Cost of goods sold $43,000
Inventory (or merchandise inventory) $43,000
To record cost of goods sold
5. Sales return and allowances $7,300
Cash (or Accounts receivable) $7,300
To record the sales return
6. Inventory (or merchandise Inventory) $ 4,500
Cost of goods sold $4,500
To record the reversal of COGS (Cost of goods sold)
7. Sales return and allowances $ 9510
Allowances for sales return $9510
To record the allowances for the estimated return
8. Inventory - Estimated Return $5,800
Cost of goods $5,800
To record the allowances for the estimated -
return of the cost of goods sold
Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04
The solution to the given question when we consider total cost and total revenue, given in the following table:
The Financial TableQuantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit
------- | -------- | -------- | -------- | -------- | --------
0 | 5 | 5 | 0 | 0 | -5
1 | 11 | 6 | 6 | 6 | 1
2 | 17 | 6 | 12 | 6 | 5
3 | 24 | 7 | 18 | 6 | 4
4 | 31 | 8 | 24 | 6 | -7
5 | 39 | 8 | 30 | 6 | -9
6 | 47 | 8 | 36 | 6 | -11
7 | 55 | 8 | 42 | 6 | -13
As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.
Therefore, the answer to the question is 3.
In summary:
The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.Read more about marginal revenue here:
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Market culture is controlled and has an internal focus
A marketplace culture has a strong external focus and values balance and control whereas a hierarchical culture has an internal focus and values balance and manipulation over flexibility.
What do you mean by market culture?A marketplace culture is a sort of company tradition that emphasizes competitiveness now no longer only among the corporation and its marketplace competition but additionally among employees.
The marketplace version is the maximum competitive and capitalistic of the four common corporate culture models.
Hence, A marketplace culture has a strong external focus and values balance and control whereas a hierarchical culture has an internal focus and values balance and manipulation over flexibility.
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1. Complete the following financial statements of Omega Company on the basis of the ratios given below.
omega company Income Statement for the year ended June 30 2001
Sales 2000000
Cost of Goods sold 600000
Gross profit 1400000
Operating Expenses. 1190000
Earning Before Interest and Tax. ? Debenture Interest. 10000
Income Tax. ?
Net Profit ?
Omega Company Income Statement For the year ended June 30 2001
Assets liabilities
Cash ? sundry creditors 60000
Stocks ? 10% debentures ?Debiors. ? Total liabilities. ?
total Current Assets ? reserve and surplus ?
Fixed Assets. ? share capital ?
Total Assets total liability and equity ?Additional Information
A. Net Profit to Sale Times 5%
B. Current Ratio. 1.5
C.Return on Net Worth 20%
D. Inventory Turnover 15
E Share Capital to Reserve 4:1
F. Tax Rate 50%
To complete the financial statements of Omega Company for the year ended June 30, 2001, we can use the provided ratios and additional information.
A. Net Profit to Sales Ratio = 5%
Net Profit = Net Profit to Sales Ratio * Sales
Net Profit = 0.05 * $2,000,000 = $100,000
B. Current Ratio = 1.5
Current Assets = Current Ratio * Total Liabilities
Total Liabilities = $60,000 (sundry creditors)
Current Assets = 1.5 * $60,000 = $90,000
C. Return on Net Worth = 20%
Net Worth = Net Profit / Return on Net Worth
Net Worth = $100,000 / 0.2 = $500,000
D. Inventory Turnover = 15
Cost of Goods Sold = Sales / Inventory Turnover
Cost of Goods Sold = $2,000,000 / 15 = $133,333
E. Share Capital to Reserve Ratio = 4:1
Share Capital = (4 / 5) * Reserve and Surplus
Share Capital = (4 / 5) * Net Worth = (4 / 5) * $500,000 = $400,000
Reserve and Surplus = $500,000 - $400,000 = $100,000
F. Tax Rate = 50%
Income Tax = Tax Rate * Net Profit
Income Tax = 0.5 * $100,000 = $50,000
Now we can complete the financial statements:
Omega Company Income Statement for the year ended June 30, 2001:
Sales: $2,000,000
Cost of Goods Sold: $600,000
Gross Profit: $1,400,000
Operating Expenses: $1,190,000
Earnings Before Interest and Tax: $210,000 (Gross Profit - Operating Expenses)
Debenture Interest: $10,000
Income Tax: $50,000
Net Profit: $100,000 (Earnings Before Interest and Tax - Debenture Interest - Income Tax)
Omega Company Balance Sheet as of June 30, 2001:
Assets:
Cash: To be determined
Stocks: To be determined
Debtors: To be determined
Fixed Assets: To be determined
Total Assets: To be determined
Liabilities:
Sundry Creditors: $60,000
10% Debentures: To be determined
Total Liabilities: To be determined
Equity:
Share Capital: $400,000
Reserve and Surplus: $100,000
Total Liability and Equity: To be determined
Please note that the values for Cash, Stocks, Debtors, Fixed Assets, 10% Debentures, Total Assets, Total Liabilities, and Total Liability and Equity need to be provided in order to complete the financial statements accurately.
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Which of the following is true?
A. None of the above is true.
B. Free trade areas and customs unions do not conflict with either the most- favoured-nation or national treatment principles of the GATT. C .Free trade areas and customs unions are a violation of the most-favoured-nation principle, but were permitted by the contracting parties to the GATT so long as they created trade.
D. Free trade areas and customs unions are a violation of the national treatment principle, but were permitted by the contracting parties to the GATT so long as they created trade.
Answer:
C.
Explanation:
In the context of the General Agreement on Tariffs and Trade (GATT), free trade areas and customs unions were seen as exceptions to the most-favored-nation (MFN) principle, which states that countries should not discriminate between their trading partners. Free trade areas and customs unions involve preferential treatment among member countries, which goes against the MFN principle.
However, the contracting parties to the GATT allowed for the creation of free trade areas and customs unions as long as they promoted trade and economic integration among member countries. These exceptions were made in recognition of the potential benefits that such arrangements could bring.
Therefore, option C accurately describes the stance on free trade areas and customs unions in relation to the GATT.
What is the best way to prevent the transmission of Hepatitis B?
Vaccination
Avoidance of situations where the virus could be present
Improper disposal of sharps
None of the above, because Hepatitis B is not a communicable
disease
Answer:
A! But in addition to vaccination, there are other simple ways to help stop the spread of hepatitis B:
Wash your hands thoroughly with soap and water after any potential exposure to blood
Use condoms with sexual partners
Avoid direct contact with blood and bodily fluids
Clean up blood spills with a fresh diluted bleach solution (mix 1 part bleach with 9 parts water)
Cover all cuts carefully
Avoid sharing sharp items such as razors, nail clippers, toothbrushes, and earrings or body rings
Discard sanitary napkins and tampons into plastic bags
Avoid illegal street drugs (injecting, inhaling, snorting, or popping pills)
Make sure new, sterile needles are used for ear or body piercing, tattoos, and acupuncture
Explanation:
An example of two way communication
Answer:
Radio, telephone, and computer-aided dispatch systems etc.
Explanation:
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categories such as education and household size represent which of the following?
a) Culture
b) Demographic
c) Benefit
d) Psychografic
Benchmark Company is viewed as the best company in Iffy's industry, the company against which all other companies in the industry compare themselves.
Which ONE of the following statements is TRUE?
The following DuPont framework ratios are for Iffy Company and Benchmark Company:
Iffy | Benchmark
Return-on-Sales (5%%) | (7%)
Asset Turnover (2.0) | (1.5)
Assets-to-Equity (2.0) | (2.0)
(B) Iffy | Benchmark Return-on-Sales (5%%) | (7%) is true about Benchmark Company is viewed as the best company in Iffy's industry
what is Benchmark ?Benchmarking is the process of contrasting corporate procedures and performance indicators with industry benchmarks and other businesses' best practices. The three main metrics are quality, time, and cost.
What is a benchmark example?Benchmarks, for instance, could be used to compare the operations of one retail location with those of another location in the same chain. External benchmarking, also known as competitive benchmarking, evaluates a company's performance in relation to that of other businesses.
learn more about Benchmark ?
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