Journalize Smart Touch Learning's closing entries for December 31 in RED order. Record debits first, then credits.
Debit entries: Debit Service Revenue, Income Summary, and Retained Earnings for their respective amounts.Credit entries: Credit Income Summary, followed by the expenses (Salaries Expense, Depreciation Expense - Furniture, Insurance Expense, Utilities Expense, Rent Expense, and Supplies Expense).Final credit entry: Credit Dividends to close the dividends account.To journalize Smart Touch Learning's closing entries for December 31 in RED order, follow these steps:
1. Record the debit entries first, starting with the balances in the temporary accounts (revenues and expenses) and ending with the balance in the income summary account.
- Debit Service Revenue for $20,800
- Debit Income Summary for $9,090 (this is the sum of all the expenses and revenues)
- Debit Retained Earnings for $9,090
2. Record the credit entries next, starting with the income summary account and ending with the balances in the temporary accounts.
- Credit Income Summary for $9,090
- Credit Salaries Expense for $6,600
- Credit Depreciation Expense - Furniture for $200
- Credit Insurance Expense for $450
- Credit Utilities Expense for $230
- Credit Rent Expense for $2,000
- Credit Supplies Expense for $110
3. Record the final credit entry to close the dividends account.
- Credit Dividends for $4,200
After these entries are posted, the balances in the temporary accounts will be zero and the net income or loss for the period will be reflected in the Retained Earnings account.
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highlight characteristics of itinerant traders
How many control points are required to specify a Bezier curve of degree d?
The number of control points required to specify a Bezier curve of degree d is (d+1). A Bezier curve is a smooth curve that is used in computer graphics and related fields.
A Bezier curve is defined by a set of control points that determine the curve's shape. A Bezier curve is usually defined by a degree, which determines how "curvy" the curve is. The degree of a Bezier curve determines the number of control points required to define the curve. The degree of a Bezier curve is the highest power of the variable "t" in the equation of the curve. For example, a degree 2 Bezier curve would have an equation like this: P(t) = (1-t)2P0 + 2t(1-t)P1 + t2P2.The number of control points required to define a Bezier curve of degree d is (d+1). Therefore, a degree 2 Bezier curve would require 3 control points, a degree 3 Bezier curve would require 4 control points, and so on.
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The weekly Kroger advertisement states that five-pound chubs of ground chuck are available for eighty-nine cents per pound. Arlene sees the advertisement; she realizes that ground chuck has not been priced this low in quite some time, so she hurries to the store to purchase some. Arlene loads seven chubs of ground chuck in her shopping cart. When she goes to the checkout to pay, however, the cashier informs Arlene that the price in the advertisement is a typo and that the correct price is $1.89 per pound. Arlene insists that the store must honor the price listed in the advertisement, because it is an offer that she has just accepted. The cashier calls the store manager for a decision. The store manager will likely explain to Arlene:_________.
i. that the advertisement is a valid offer because it is in writing.
ii. that the advertisement is a valid offer, and the store must honor the price in the advertisement.
iii. that advertisements are not offers, but merely a request for offers.
iv. that the advertisement is a valid offer because its terms are definite.
The manager would likely explain to Arelene that advertisements are not offers, but merely a request for offers.
What is an offer?In business, an offer is defined as a formal proposal to be part of a contract. In the case of stores, they offer products but the customer needs to express the proposal or make the offer by showing he/she wants to buy this product. Afterward, the store can accept the offer if the price is convenient for it.
What happens when the price in the advertisement is wrong?In the U.S. there are no laws that force stores to sell the product at an incorrect price displayed in the advertising. This is because there is a contract between the store and the customer only if the store accepts the money the customer is willing to pay.
Based on this, the store does not have the obligation to honor the price in the advertising as advertisements are only requests for offers.
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a firm finds that as it adds workers, each worker is adding less and less output to the production process. what must be true about average cost?
Average cost is increasing must be true about average cost .
What does "average cost" mean?
In economics, average cost or unit cost is determined by dividing the total cost (TC) by the quantity of a good produced (the output Q). The choice of how much to charge for commodities by businesses is strongly influenced by average cost.What is an example of typical cost?
The weighted-average cost is calculated by dividing the total inventory purchased during the quarter ($113,300) by the total inventory count from that quarter (100), yielding an average cost per unit of $1,133.
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Which scenario can occur when specialization in tasks is coupled with trade?
A. it can lead to gains for all parties
B. it leads to gains for one party and losses for the other parties
C. it leads to losses for all parties
D. it works only with government intervention
As countries' economic operations become more and more entwined, trade and specialisation activity strengthens the linkages between them. Hence option C is correct .
What scenario can occur when specialization in tasks is coupled with trade?Individual nations can boost their economic production when they are able to benefit from specialisation.
Specialization can boost productivity and give a company or economy a competitive advantage. Macroeconomic specialisation deals with the general advantage an economy holds in production, while microeconomic specialisation deals with the specific actors and economic elements.
Trade and specialisation are propelled by comparative advantage. Instead of producing all consumer items independently, countries with a propensity towards specialisation trade certain products for other goods.
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What is the W-4 form used for?
filing taxes with the federal government
determining the amount of money an employee has paid out in taxes
calculating how much tax should be withheld from a person's paycheck
calculating how much income was paid in the previous year
Answer:
C. calculating how much tax should be withheld from a person's paycheck
Explanation:
In order to ensure that, all employees pay taxes on the income earned throughout the year, the internal revenue service (IRS) has made it compulsory and mandatory for all employers to make available a W-4 Form to all their employees, so as to enable these employees fill out how much income tax is to be withheld from their respective paycheck in relation to their filing status.
Hence, a W-4 form is used for calculating how much tax should be withheld from a person's paycheck and submitted to the internal revenue service (IRS).
Additionally, any employee who defaults in the payment of his or her income tax would be faced with stiff penalties such as failure-to-file, paying a fine etc.
Answer:
its c
Explanation:
just took the unit test on edge
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Principal: $15,900 Interest rate: 20%
Compounded quarterly Calculate the effective rate (apy) of interest for 1 year. (use the table provided.)
Effective rate _____ %
Answer: 21.55%
To calculate the effective rate (APY), use the formula:
APY = (1 + (nominal interest rate / number of compounding periods))^(number of compounding periods) - 1
Given: Interest rate= 20%
Compounding periods: 4 (i.e., number of quarters in 1 year)
1. Convert the nominal interest rate to decimal form: 20% = 20/100= .20
2. Divide the nominal interest rate by the number of compounding periods: 0.20 / 4 = 0.05
3. Add 1 to the result: 1 + 0.05 = 1.05
4. Raise the result to the power of the number of compounding periods: 1.05^4 = 1.21550625
5. Subtract 1 from the result: 1.21550625 - 1 = 0.21550625
6. Convert the result back to a percentage: 0.21550625 * 100 = 21.55%
The effective rate (APY) of interest for 1 year is approximately 21.55%.
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Why can't I get 104.1 K-LOVE in Oceanside California 92054, but I can get 100.3 K-Love over there and what is the radio Frequency for K-LOVE 104.1 if you're going down south? Radio Business Signals. And is it good that 92.1 Air1 is the local station for Oceanside California?
The availability and reception of radio stations can be influenced by several factors, including the geographical location, distance from the broadcasting tower, signal strength, and interference from other radio signals or physical obstacles.
In the case of not being able to receive 104.1 K-LOVE in Oceanside, California, while receiving 100.3 K-Love, it is likely due to differences in the broadcasting tower locations and signal coverage areas.
Each radio station operates on a specific frequency, which determines its assigned spot on the radio dial. K-LOVE is a network of contemporary Christian music radio stations, and the frequency for K-LOVE 104.1 can vary depending on the specific region or location.
To determine the radio frequency for K-LOVE 104.1 while going down south, it would be necessary to consult local radio station listings or use a radio frequency database that provides detailed information on specific station frequencies in different areas.
As for the suitability of 92.1 Air1 as the local station for Oceanside, California, it depends on personal preferences and the desired content. Air1 is a Christian radio network that offers contemporary Christian music and programming.
If you enjoy the content provided by Air1 and find it to be a good fit for your listening preferences, then having it as the local station in Oceanside can be considered positive. However, the suitability of a radio station ultimately depends on individual tastes and interests, so it may vary from person to person.
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If dishwasher’s management chose to pay out all earnings as dividends, what would be the intrinsic value of its stock?
5/12% or $41.67 would be the intrinsic value of its stock.
Intrinsic value of a stock is its real value. It is estimated by considering the future monetary benefit an investor can expect from it. Intrinsic value, in simple terms, is the maximum value that an investor can buy an asset at, without incurring a loss while selling it in the future.
A logical question that any investor would ask is whether intrinsic value is the same as market value? The answer is no. These two are different stock valuations that are often confused with another.
If they pay all earnings, there is no growth as retention ratio becomes zero and g = 0
hence, price = 5/12% = $41.67
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Do an online search on team members in the workplace. Identify several types of group members. From your experience, identify other types of group members not mentioned in your online search. In four or more paragraphs, illustrate how you, as facilitator, would deal with each type of member. You may use the types mentioned in your research as well as those you identified.
What other things would you do as facilitator to ensure the team ran smoothly and efficiently?
Explanation:
A Guide to Effective Facilitation.
...
A good facilitator will:
Develop a detailed agenda after discussion with organization leaders. ...
Use participants' names. ...
Call on people in the order in which they raise their hands. ...
Make eye contact. ...
Use the ground rules (mutually agreed upon meeting rules for participation) early on.
A competent moderator will:
Following a conversation with the organization's executives, create a thorough agenda.Identify participants by name.As people raise their hands, call on them in that order.Establish eye contact.Use the ground rules, which are shared participation guidelines for meetings, as soon as possible.What is an online search?Online search is the interactive process of looking for and obtaining information from online databases using a computer. With the introduction of quicker databases and smart terminals in the 1980s, interactive searches became feasible. On the other hand, automated batch searching was widely used in the 1960s and 1970s. The bulk of internet searches done now are done via search engines. Supplemental reference transactions are frequently conducted online.
Online search is the interactive process of looking for and obtaining information from online databases using a computer. With the introduction of quicker databases and smart terminals in the 1980s, interactive searches became feasible. On the other hand, automated batch searching was widely used in the 1960s and 1970s. Today, the bulk of queries are made via search engines.
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The Girl Scouts would like to estimate the proportion of people who consider Thin Mints to be their favourite Girl Scout cookie. A pilot sample of 60 cookie customers found that 15 favoured Thin Mint cookies. The total sample size needed to construct a 90% confidence interval for the proportion of customers who favour Thin Mint cookies with a margin of error equal to 6% is ________. 235 142 187 270
The total sample size needed to construct a 90% confidence interval for the proportion of customers who favor Thin Mint cookies with a margin of error equal to 6% is 235.
The Girl Scouts would like to estimate the proportion of people who consider Thin Mints to be their favorite Girl Scout cookie. A pilot sample of 60 cookie customers found that 15 favored Thin Mint cookies. The total sample size needed to construct a 90% confidence interval for the proportion of customers who favor Thin Mint cookies with a margin of error equal to 6% is 235.
What is the formula for determining the minimum sample size?The formula for determining the minimum sample size is:
N = [(Z² * p(1-p)) ÷ E²] ÷ [1 + ((Z² * p(1-p)) ÷ E²N: The minimum sample size
Z: The confidence level p: The expected proportion
E: The margin of error.
In this problem, Z is 1.65 (90% confidence level), p is the pilot study's proportion (15/60 = 0.25), and E is 0.06.
You can substitute the provided values into the formula and calculate it: Minimum Sample Size = [(1.65)² * 0.25(1-0.25)] ÷ (0.06)² ÷ [1 + (1.65)² * 0.25(1-0.25)]
Minimum Sample Size = 234.97 ≈ 235.
Hence, the total sample size needed to construct a 90% confidence interval for the proportion of customers who favor Thin Mint cookies with a margin of error equal to 6% is 235.
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10)
How might a mission statement help Donna with her new
business?
A mission statement can help Donna with her new business by providing clarity and direction for her venture. It serves as a guiding statement that outlines the purpose, values, and goals of the business.
It helps Donna align her decisions, actions, and strategies with the overall mission, facilitating focus and consistency in her business operations. A mission statement is a concise statement that articulates the purpose and core values of a business. It outlines what the business aims to achieve and how it intends to operate. For Donna, having a mission statement for her new business can provide several benefits.
Firstly, it helps Donna define the purpose and direction of her business. It clarifies the reason for starting the business and what it aims to accomplish, providing a sense of focus and clarity.
Secondly, a mission statement helps Donna communicate her business's values and principles to stakeholders, including employees, customers, and investors. It sets the foundation for building a strong company culture and aligning everyone's efforts toward a common goal.
Lastly, a mission statement can serve as a guide for decision-making and strategy development. When faced with choices or challenges, Donna can refer to her mission statement to ensure that her actions align with the overall purpose and values of her business.
A mission statement plays a crucial role in helping Donna with her new business by providing clarity, guiding decision-making, and aligning stakeholders toward a common vision.
In conclusion, a mission statement can significantly benefit Donna in her new business. It provides clarity and direction, communicates values to stakeholders, and guides decision-making and strategy development. By establishing a mission statement, Donna can effectively define her business's purpose and goals, foster a strong company culture, and make informed decisions that align with her business's overall mission. This helps create a solid foundation for success and growth in her new venture.
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Why is it important to maintain network relationships, even after you have found a job?
a. You never know when you are going to have to find a new job.
b. You can return the favor by helping network members with career advice and job leads.
You will remain informed and connected to people in your field.
d. All of the above
C.
Please select the best answer from the choices provided
ΟΑ
B
С
OD
Answer:
D (all of the above)
Explanation:
When a person has gotten a job, it is critical to keep network contacts since a person never know when he will need to locate a new career, and he will stay informed and connected to bin his sector.
What is network relationships?Relationship networking is another name for network relationships. It's all about making connections and finding ways for both sides to gain. Like the relationship, networking and partnerships intersect in numerous ways, resulting in economic potential.
Even when a person has gotten a job, it is critical to keep network contacts since you never know when you will need to locate a new career, and he will stay informed and connected to people in the sector.
With the utilization of network ties, an individual might refund the kindness by supplying career counseling and job metals to network members.
Therefore, option D is correct.
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please do it in one hour please urgently... I'll give you up thumb definitely Under your advice,A has decided to enter the market as a digital two-sided platform.You and your partners have also decided if you will be the first to operate in the market or not. The next issue to solve is selling the software you and your partners own and use the revenues to build the digital platform The software produces a revenue of 130,is proprietary which means only those with the license can use it, and it has unique capabilities with no substitutes in the market.It is copyrighted,so no one can duplicate it You have information about how much 8 potential buyers value the software You also consider it is sensible to assume the bidders are identically and independently distributed according to a uniform distribution, and that the valuations are private information. The information on the bidders' valuations is summarized in Table 1 below Table 1.Valuation of 8 bidders Bidder Valuation 1 100 2 140 3 60 4 130 5 160 6 50 7 80 8 145 3. You know the characteristics of the software make an auction a good way of selling the software,if the auction has the appropriate design.How would you explain to your partners that using an auction mechanism is a good option? In your explanation include the main characteristics of the auction design.
Using an auction is a good option because it ensures a fair and competitive process for selling the software. It allows potential buyers to reveal their true valuations, maximizing revenue.
Auction design characteristics include private valuations, uniform distribution, and the absence of substitutes, ensuring an efficient allocation of the software to the bidder with the highest value.
Using an auction mechanism is a good option because it promotes fairness and competition among potential buyers, ensuring that the software is sold at its highest possible value. In an auction, bidders reveal their private valuations, providing valuable information about their willingness to pay. This information allows for an efficient allocation of the software to the bidder who values it the most, maximizing revenue. Additionally, the assumption of a uniform distribution ensures equal opportunities for all bidders. Moreover, since the software has unique capabilities with no substitutes, an auction allows for a transparent and market-driven determination of its value. Overall, an auction design enables a competitive environment that optimizes revenue generation for the sale of the software.
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Question 1 of 10
How does a person's marital status affect the amount that is deducted from
his or her paycheck for taxes?
O A. Divorced people pay more in taxes than married people.
O B. Deductions for married people are often less than those for single
people
C. Marital status has no impact on taxes.
D. Deductions for married people are often more than those for
single people.
Answer:
B. Deductions for married people are often less than those for single people
Explanation:
You want to know how a person's marital status affects the amount that is deducted from his or her paycheck for taxes.
DiscussionIn the US, the withholding tax tables generally call for smaller deductions for a person who is married than for a single person. The amount deducted depends on the declarations made on the W-4 form: whether the person is single or married, the number of dependents, and whether they are the head of the household.
Other things being equal a married person will have less withholding tax deducted than a single person.
__
Disclaimer
This should not be considered to be tax advice. Consult a tax professional for the latest and best information on this subject.
After the u.s. took over new mexico, the army and navy was able to which future state starting with the battle of monterrey?
The answer is, By its terms, Mexico ceded 55 percent of its territory, including the present-day states California, Nevada, Utah, New Mexico, most of Arizona and Colorado, and parts of Oklahoma, Kansas, and Wyoming.
What is the navy's function?The Navy is frequently called upon to conduct rescue and relief operations in the wake of distress and natural disasters including earthquakes, cyclones, floods, and drought. The Indian Navy's importance to us all is therefore not surprising.
Do you mean army by navy?A navy is a type of military force made up of boats and ships that are outfitted for both combat and defense. Consider joining the army rather than the navy if you are constantly seasick. During a conflict, a nation's navy plays a crucial role in both defending its coastline and launching attacks on the foe's.
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Which answer best shows all of the elements you need to conside
Orisk and return
O liquidity, risk, time, and return
O return and liquidity
O time, risk, and liquidity
When making an investment, one must take into conside all four that are Liquidity, risk, time, and return.
What is a reasonable investment return period?Most investors consider an average yearly rate of return of 10% or above to be a respectable ROI for long-term stock market investments. Remember, though, that this is an average. There will be years when the returns are smaller, maybe even negative. There will be years with noticeably higher returns.
What exactly is investing risk return?A fundamental tenet of investing is the risk-return tradeoff, which states that the potential gain increases with risk. Investors must take into account a variety of aspects, including as their general risk tolerance, their ability to replenish lost cash, and more, in order to determine the right risk-return tradeoff.
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Which of the following is most likely to create a long-term trend?
A. Fashion
B. Entertainment
C. Television shows
D. Demographics
Demographics is most likely to create a long-term trend. Demographics is the study of the characteristics of human populations, such as age, sex, education, income, and race. The correct answer is option D.
These factors have a significant impact on consumer behavior, and thus, they can create long-term trends in the marketplace. As people age, their preferences change, and they tend to consume different products and services. For example, as the baby boomer generation has aged, there has been a trend towards products and services that cater to their needs, such as retirement communities, healthcare, and leisure activities.
Additionally, changes in education, income, and race can create new trends in consumer behavior. For example, if there is an increase in the number of people with higher education degrees, this could lead to a trend towards products and services that cater to their needs, such as high-tech gadgets, gourmet foods, and luxury vacations. Therefore, demographics is most likely to create a long-term trend. The correct answer is option D.
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The secretion of PYY _________ hunger and the secretion of orexin ________ hunger.
a. increases; decreases
b. decreases; increases
c. increases; increases
d. decreases; decreases
The secretion of PYY decreases hunger and the secretion of orexin increases hunger.
The role of the hypothalamus in preserving homeostasis and influencing motivated actions has long been acknowledged. The lateral hypothalamic area, a section of the hypothalamus, is covered in this article (LHA).
It is hypothesised that brain regions located within the LHA, such as the perifornical area (PeF) and the dorsal portion of the lateral hypothalamus (LHAd), serve as a bridge between neuronal systems that control homeostasis and those that mediate appetitively motivated actions.
According to functional and immunohistochemical data, the LHA encourages a variety of motivated behaviours, such as eating, drinking, consuming salt, and engaging in sexual activity.
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Macroeconomics is the branch of economics that focuses on:
A. comparing the lifestyles of poor and wealthy citizens.
B. economic principles affecting entire countries.
C. helping people find jobs when they're unemployed.
D. financial problems affecting individual families.
Answer:
B. economic principles affecting entire countries.
Explanation:
Macroeconomics is the part of economic studies that studies the economy of a country as a whole. In this branch of economics, the aggregate income, growth, expenditure and inflation are considered. The performance of the entire economy is measured under macroeconomics. National income, Gross domestic product, inflation and unemployment fall under the macroeconomic studies.
Answer:
economic principles affecting entire countries
Explanation:
i took the test
On 8/1, supplies costing $500 were purchased on credit. Record this transaction in the accounting equation by:
Based on the information given this transaction in accounting equation is: Increasing supplies, and increasing accounts payable.
Accounting equation:Based on the given transaction the supplies costing of the amount of $500 will increase supplies while account payable will increase by the same amount of $500.
The company account payable increases because the supplies costing were purchased on credit which means that the company is still owing their supplier for the goods worth of $500 that was supplied to them or the goods and services that was provided to them.
Inconclusion in accounting equation is: Increasing supplies, and increasing accounts payable.
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kate and mark, a married couple, own a limited liability company. although kate and mark are not yet ready to retire, they would like to begin involving their three children in the business since they are now all responsible adults. their primary concern is ensuring that the business will remain in their family for future generations. it is also important to kate and mark that their children learn the value of a dollar, so they would like them to purchase their interests in the company. kate and mark have been successful in their business and have a modest estate, but they do not predict they will owe any estate tax. which one of the following is the most appropriate form of business transfer technique for kate and mark to use to achieve their objectives? a) a preferred stock recapitalization of the business b) a cross-purchase buy-sell agreement between kate, mark, and the children c) an entity buy-sell agreement between kate and mark d) a gift of the business interests from kate and mark to each child
The most appropriate form of business transfer technique for Kate and Mark to use to achieve their objectives is a cross-purchase buy-sell agreement between Kate, Mark, and the children.
What is a cross- purchase buy-sell agreement?A cross-purchase buy-sell agreement is an arrangement between business partners or shareholders in which each agrees to purchase the shares of a partner in the event of the partner's death, disability, or retirement. The agreement typically specifies that the shares are to be purchased with life insurance proceeds or other funds, and at a predetermined price. The purpose of a cross-purchase buy-sell agreement is to ensure the continuity of the business in the event of the death or departure of a partner. It also ensures that the remaining partners can purchase the shares of the departing partner at an agreed-upon price.
Application of business transfer technique
The most appropriate form of business transfer technique for Kate and Mark to use to achieve their objectives is a cross-purchase buy-sell agreement between Kate, Mark, and the children. This type of agreement allows them to transfer ownership of the business to their children in a way that ensures that the business remains in the family while also teaching their children the value of a dollar. The agreement would require the children to purchase the interests in the business from Kate and Mark and would provide them with the necessary financing to do so. This is a more tax-efficient way of transferring ownership of the business than a gift, as it does not create any tax liability for either Kate or Mark.
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Special interests are groups that try to influence government policies pertaining to a particular issue. Such groups have an incentive to stay informed about potential policies that would affect them. Place the groups in order according to how much interest they would have in a governmental policy regarding an import tariff on auto tires, with the group with the greatest level of interest at the top. Greatest interest Least interest Answer Bank tire manufacturers people who don't own carsunionized auto workersauto owners
Special interest groups are organizations that try to influence government policies that concern a particular topic. These groups have a stake in staying up-to-date on potential policies that would have an impact on their group’s interests.
Import tariffs on auto tires would impact specific interest groups. Here are the groups, in order of the amount of interest they would have, from the one with the highest level of interest to the one with the least:1. Tire Manufacturers: They will be most interested in import tariffs on auto tires since they are the ones that manufacture tires. They will be heavily impacted by tariffs, which may raise costs and hurt their profit margins.2. Unionized Auto Workers: They are the ones who build cars and install tires as part of their work, so they will be interested in policies that impact the auto industry. They will be impacted by the policies, but not as much as tire manufacturers.3. Auto Owners: While they might feel the impact of tariffs when they buy tires, they do not have as much of an incentive to keep track of these policies since it is not their primary concern.4. People who don't own cars: They will have the least amount of interest in these policies since they have no direct connection to the industry and therefore will not be impacted by these policies.
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Boreki enterprises has the following 10 items in inventory. theodore boreki asks you, a recent om graduate, to divide these items into abc classifications. develop an abc classification system for the 10 items. how can boreki use this information
To develop an ABC classification system for Boreki Enterprises' 10 items in inventory, follow these steps:
1. List the 10 items and determine their annual usage value by multiplying the annual demand by the unit cost.
2. Arrange the items in descending order based on their annual usage value.
3. Calculate the cumulative annual usage value and the percentage of the total annual usage value for each item.
4. Assign the items to the ABC categories based on their percentage of the total annual usage value (A: 70-80%, B: 15-25%, C: 5-10%).
Boreki can use this ABC classification information to optimize inventory management. By focusing on the high-value A-items, Boreki Enterprises can reduce stockouts, minimize carrying costs, and improve cash flow.
The company should implement tighter controls and more frequent reviews for A-items, while applying less stringent measures for B- and C-items, resulting in more efficient inventory management and cost savings.
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me and my group members have to put on a act about (what happens if u don't pay enough attention to the task your doing in the workshop) so it's basically about what what would happen if you don't pay attention any suggestions on what we can say or do
In the act, you can start by showing that many students are attending the workshop and everyone is paying attention to it. When the task was assigned everyone was able to complete it but one student was not able to because he or she was not paying attention.
What is attention?Attention in psychology is the concentration of awareness on some phenomenon to the exclusion of other stimuli. A process of selectively concentrating on a discrete aspect of information, whether considered subjective or objective. William James wrote that "Attention is the taking possession by the mind, in clear and vivid form, of one out of what seem several simultaneously possible objects or trains of thought. Focalization, concentration, of consciousness are of its essence.
Attention has also been described as the allocation of limited cognitive processing resources.
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A family has total assets of $240,000 and total liabilities of $180,000. What is thefamily's net worth?
Answer:
60k
Explanation:
Subtract the family's liabilities from their total assets to give you their net worth.
Answer:
Hope it helps you.
$60,000
free 27 points, come on up, and see if u can earn them- i act weird
Answer:
haha i am wierd too i feel u
Explanation:
Answer:
i shall win them and im wierd also.
Explanation:
If the computation (selling price - book value) is positive, it gives the amount of the _____________.
A. Book value in year t-1
B. CFBT
C. Depreciation recapture
D. Higher
If the computation (selling price - book value) is positive, it gives the amount of the Higher or excess amount that the asset was sold for, above its book value. Therefore, the correct answer is D. Higher.
When an asset is sold for more than its book value, the excess amount is considered a gain. This gain can be used to offset any losses or expenses that a company may have incurred. It can also be reinvested into the business to improve operations or pay off debts.
On the other hand, if an asset is sold for less than its book value, the difference is considered a loss. This loss must be reported on the company's financial statements and can affect its overall financial performance.
It is important for companies to monitor their assets' book values and selling prices to ensure they are making profitable decisions. By understanding the gain formula and how it relates to the selling price and book value of an asset, companies can make informed decisions and improve their financial performance.
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If the computation (selling price - book value) is positive, it gives the amount of the CFBT. The Option B.
What does a positive computation of the values indicate?When the result of subtracting the book value from the selling price is positive, it signifies the presence of a positive cash flow before taxes (CFBT).
This means that the revenue generated from selling an asset exceeds its recorded value in the books, resulting in a positive financial outcome. The positive CFBT indicates that the asset was sold at a higher price than its original value potentially leading to increased profitability or financial gains for the entity involved.
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on january 1, 2024, corvallis carnivals borrows $30,000 to purchase a delivery truck by agreeing to a 5%, five-year loan with the bank. payments of $566.14 are due at the end of each month, with the first installment due on january 31, 2024. determine the financial statement effects of the issuance of the installment note and the first monthly payment.
The issuance of the installment note and the first monthly payment will result in an increase in assets of $30,000, an increase in liabilities of $30,000, a decrease in cash of $566.14, and an expense of $50 for interest.
The issuance of the installment note will result in an increase in the asset account for the delivery truck by $30,000, and an increase in the liability account for the loan by $30,000.
The first monthly payment of $566.14 will result in a decrease in the liability account for the loan by $516.14 ($566.14 - $50 interest), and a decrease in the cash account by $566.14. The interest expense for the first month will be $50 ($30,000 x 5% / 12).
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