Larned Corporation recorded the following transactions for the just completed month.

$72,000 in raw materials were purchased on account. $70,000 in raw materials were used in production. Of this amount, $62,000 was for direct materials and the remainder was for indirect materials. Total labor wages of $106,000 were paid in cash. Of this amount, $102,200 was for direct labor and the remainder was for indirect labor. Depreciation of $193,000 was incurred on factory equipment.

Required:
Record the above transactions in journal entries.

Answers

Answer 1

Answer:

Larned Corporation

Journal Entries

Sr. No                   Account                     Debit                  Credit

1                          Materials                     $72,000

                     Accounts Payable                                      $72,000

$72,000 in raw materials were purchased on account.

2                   Work in Process              $62,000

                     Materials  Inventory                                $62,000

$70,000 in raw materials were used in production. Of this amount, $62,000 was for direct materials

3                 Manufacturing Overheads  $8000

                      Materials Inventory                                  $ 8000

$70,000 in raw materials were used in production. Of this amount, $62,000 was for direct materials and the remainder was for indirect materials.

4                Work In Process               $ 102,000

                    Payroll ( Direct Labor )                            $102,000

$102,200 was for direct labor

5                  Manufacturing Overheads   $3800

                    Payroll (Indirect  Labor)                               $3800

Total labor wages of $106,000 were paid in cash. Of this amount, $102,200 was for direct labor and the remainder was for indirect labor.

6                Depreciation                     $193,000

                     Factory Overhead Control Account        $193,000

Depreciation of $193,000 was incurred on factory equipment.


Related Questions

how to gain competitive advantage​

Answers

Answer:

I know ur answer.

Explanation:

1. become the low-cost supplier

2. develop differentiated, innovative products and services

3. target a niche: geography, industry, product/service

4. employ differentiated business methods and approaches.

Answer:

Gaining a competitive advantage can be challenging, but there are several strategies businesses can adopt to achieve this goal. Here are some recommendations to improve your business's competitiveness:

1. Differentiation: One way to gain a competitive advantage is to differentiate your product or service from those of competitors. You can stand out by focusing on a unique feature or benefit that none of your competitors offer.

2. Cost Leadership: Another approach is to lower your costs and offer lower prices than your competitors. This helps attract price-sensitive consumers who value cost savings while still making a profit.

3. Innovation: Building new and innovative products or services can help you stand out in the market, attract customers who like new trends, and establish a competitive advantage in the industry.

4. Quality products and services: Offering high-quality products or services can increase customer satisfaction and loyalty that can set a business apart from competitors.

5. Customer focus: Focusing on customer satisfaction by regularly evaluating customer needs and concerns, improving service or product quality, and striving to exceed customer expectations can create a competitive advantage for your business.

In summary, businesses can gain competitive advantage by offering unique features or benefits, lowering cost, innovating, providing high-quality goods and services, and focusing on outstanding customer service.

Refer to the above diagram, which shows three demand curves for coffee. Which would cause the change in the demand for coffee illustrated by the shift from D_1 to D_3? A. A decrease in the price of tea B. An increase in consumer incomes C. A decrease in the price of sugar D. A technological improvement in the production of coffee.

Answers

A decrease in the price of tea. Prices and quantities demanded have an inverse connection in the demand curve. The correct answer is option (A).

What is a demand curve?

The demand curve dips from D1 to D3, as seen in the diagram. It indicates a decline in coffee demand. Due to the fact that tea and coffee are substitute goods, it will occur as a result of the price decline of tea. Since tea is less expensive to consume than coffee, people will switch from drinking coffee to tea as a result.

The demand curve is a graphical representation of the relationship between the price of an item or service as well as the quantity demanded over a given period of time.

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Which of the following is true of a good benefits plan?
a. It is generally inexpensive to buy and administer.
b. It will stimulate higher performance levels.
c. It will encourage people to join an organization.
d. It will include redundancies in coverage.
e. It allows for smaller pay increases.

Answers

Answer:

C

Explanation:

The following is true of a good benefits plan it will encourage people to join an organization. The correct option is c.

What are the benefits of motivated employees?

There are several benefits to having a motivated workforce, including lower absenteeism rates, employee retention rates, low staff turnover rates, improved management-worker relationships, higher worker performance, improved quality, and enhanced customer service.

A good benefits plan is an essential part of an organization's compensation strategy. It can be used to attract and retain talented employees and can be a competitive advantage in the job market. A well-designed benefits plan can also help to improve employee morale, motivation, and job satisfaction. While it may require a significant investment, a good benefits plan can provide a good return on investment for the organization.

Thus, the ideal selection is option c.

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15. The owners of a small bar and grill want to run an ad on local radio in the town where the business is located. Their objective is to create awareness for the restaurant among the town’s consumers. Which measure should be used to determine how many different people will hear the advertisement?

Answers

A survey could be issued to the people who listen to the radio. The survey could ask questions about their background and this can be used to collect data for the targeted audience of the ad.

What does O + A + C = K stand for and mean in the legal "Formula" for contracts?
please helpppp

Answers

Answer:

O Stands for offer , A stands for acceptance , C stands for consideration , K stands for contract . An offer requirement, a contract and acceptance have it’s own thing.

Explanation:

power given to people because of their superior knowledge about the work is what

Answers

Answer:

Expert Power.

One of the most fundamental issues in business law involves the question of when a company can be held liable for the acts of an individual person, whether this involves a contractual obligation or a personal injury (meaning a tort).
A) Choose one of the scenarios below and explain whether or not you think the business is liable for the acts under the principles of agency law.
1. A real estate agent hires a handful of local kids to do the landscaping of homes that he is trying to sell. In addition to the general payment, he reimburses them for the cost of gasoline for lawn mowers and other equipment. While mowing a lawn, one of the kids loses control of a lawn mower and it mows down a neighbors very expensive collection of lawn gnomes.
2. In a hurry to get his apartment complex painted, a homeowner hires three people he meets at the local home improvement store to do the work. Since they’re not professional painters, he provides all of the equipment and paint needed to do the work. While at the apartment complex, one of them breaks into an apartment, assaults the resident and steals a wallet.
3. An entrepreneur decides to open up his own car-for-hire business, and creates an app allowing anyone to connect with people who need a ride. The passengers pay the entrepreneur, who in turn pays a percentage to the driver. Other than the app, the entrepreneur has no other involvement between the driver and the passenger. One night, a driver who is intoxicated picks up a passenger and then gets into an accident, and the passenger is severely injured.

Answers

Answer:

Explanation below.

Explanation:

When considering the first illustration it will be discovered that the company involved can be held responsible for the act performed or carried out by the kids.

This is because, the people that were employed to do the work are kids and inexperienced. Under the agency law, the kids in this aspect are not punishable because they are still considered to be under the tutelage of older people.

The company will be held responsible for all the act the kids performed. The company can also be charged for child abuse.

Scenario 1 :

The business is liable for the acts under the principles of agency law :

When considering the first scenario states that it will be discovered that the company involved can be held responsible for the actions performed or carried out by the kids. This is because the people that were employed to do the work are kids and inexperienced. Under the agency law, the kids in this aspect are not punishable because they are still considered to be under the tutelage of older people. The company will be held responsible for all the actions the kids perform. The company can also be charged for child abuse.

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what is the factor affect the net export of a country

Answers

The factor that affect the net export of a country include:

domestic and foreign incomesrelative price levelsexchange ratesforeign trade policies etc

What is a net export?

This refers to the the difference between the monetary value of a nation's exports and imports over a certain time period.

In conclusion, the net export is derived after the deduction of the total import from the total export in a year.

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not sure if this information helps or not. I only need help with figuring out the amount for line 16 on 2021 tax form 1040. Beth R. Jordan lives at 2322 Skyview Road, Mesa, AZ 85201. She is a tax accountant with Mesa Manufacturing Company, 1203 Western Avenue, Mesa, AZ 85201 (employer identification number 11-1111111). She also writes computer software programs for tax practitioners and has a part-time tax practice. Beth is single and has no dependents. Beth was born on July 4, 1975, and her Social Security number is 123-45-6785. She did not engage in any virtual currency transactions during the year, and she wants to contribute $3 to the Presidential Election Campaign Fund. Beth received the appropriate coronavirus recovery rebates (economic impact payments); related questions in ProConnect Tax should be ignored. The following information is shown on Beth's Wage and Tax Statement (Form W-2) for 2021. Line Description Amount 1 Wages, tips, other compensation $65,000.00 2 Federal income tax withheld 9,500.00 3 Social Security wages 65,000.00 4 Social Security tax withheld 4,030.00 5 Medicare wages and tips 65,000.00 6 Medicare tax withheld 942.50 15 State Arizona 16 State wages, tips, etc. 65,000.00 17 State income tax withheld 1,954.00 During the year, Beth received interest of $1,300 from Arizona Federal Savings and Loan and $400 from Arizona State Bank. Each financial institution reported the interest income on a Form 1099-INT. She received qualified dividends of $800 from Blue Corporation, $750 from Green Corporation, and $650 from Orange Corporation. Each corporation reported Beth's dividend payments on a Form 1099-DIV. Beth received a $1,100 income tax refund from the state of Arizona on April 29, 2021. On her 2020 Federal income tax return, she used the standard deduction. Fees earned from her part-time tax practice in 2021 totaled $3,800. She paid $600 to have the tax returns processed by a computerized tax return service. On February 8, 2021, Beth bought 500 shares of Gray Corporation common stock for $17

Answers

Here is the amount for line 16 on 2021 tax form 1040 for Beth R. Jordan: $1,292.50

Here is the calculation:

To calculate your overall earnings, you can subtract the state income tax withheld and add the state income tax refund and net self-employment income, while also taking into account any self-employment expenses.

These figures can be found on lines 2 and 17 of your W-2 form, and lines 3 and 27 of your Schedule C, respectively.

The precise figures of these items are given below:

Federal income tax withheld: $9,500

State income tax withheld: $1,954

State income tax refund: $1,100

Net self-employment income: $3,800

Net expenses from self-employment: $600

Plugging these values into the calculation above, we get:

$9,500 - $1,954 + $1,100 + $3,800 - $600 = $1,292.50

Therefore, the amount for line 16 on 2021 tax form 1040 for Beth R. Jordan is $1,292.50.

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Landon Jewelers uses the perpetual inventory system. On April​ 2, Landon sold merchandise with a cost of $3,500 for $7,000 to a customer on account with terms of 3​/15, ​n/30. The journal entry to record the cost of goods sold would​ be:
A.
Merchandise Inventory
3,500
Cost of Goods Sold
3,500
B.
Sales Revenue
3,500
Cost of Goods Sold
3,500
C.
Cost of Goods Sold
3,500
Merchandise Inventory
3,500
D.
Cost of Goods Sold
3,500
Accounts Receivable
3,500

Answers

Answer: C.

Cost of Goods Sold

3,500

Merchandise Inventory

3,500

Explanation:

A perpetual inventory system is a system thats uses records transactions that take place in real-time. Both the returns and the purchases are recorded immediately as they happen in the inventory account.

Under the perpetual inventory method, it should be noted that sales will be credited to the inventory while the purchases that are incurred will be debited to the inventory and it should be noted that the debit will be recorded in the account of the cost of goods sold.

Therefore based on the question, the journal entry to record the cost of goods sold would​ be:

Debit: Cost of goods sold $3500

Credit: Merchandise inventory $3500

Therefore, the correct option is C.

Which of the following is true about non- profits

A. Owners keep the profit

B. No money is made

C. Profits are put back into the business

D. Profits go to the public​

Answers

Answer: profits are put back into the business (letter C)
I’m pretty sure it’s C

The future of work is characterized by (choose all that apply):

a.
Staying at the same job for your entire career.

b.
Working with international colleagues.

c.
Repetitive jobs.

d.
Multiple career changes.

Answers

Answer:

B

Explanation:

You want a good impression with people and you also need people to help you along the way

12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.​

Answers

1. Paid Office Station Co. for part of the debt incurred on April 5, $1,200.

Debit: Accounts Payable - Office Station Co.$1,200

Credit: Cash $1,200

2. Provided services on account, $4,200.

Debit: Accounts Receivable $4,200

Credit: Service Revenue  $4,200

To pay off the remaining balance owing to Office Station Co., a debit is sent to the accounts payable account. To account for the cash outflow, the Cash account is credited. This journal entry records the settlement of a portion of the debt incurred on April 5 with Office Station Co.

The acknowledgment of revenue for services rendered to a client on the account is represented by this journal entry. To reflect the increase in the amount due by the client, the Accounts Receivable account is debited.

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The complete question is probably

Write journal entries

12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.​

In which of the following situations would you sell/serve an alcoholic beverage?

Answers

A gentleman walks up to the counter with a bottle of whiskey, you watched him walk through the store, he answers your questions directly and clearly, you do not smell alcohol on his breath and his eyes are clear. then, we will sell/serve an alcoholic beverage.

what is beverage?

Beverages are any liquids that can slake a thirst. Drinks may be any form of liquid.

Water is a liquid that we always consume. Beverage products include things such as water, tea, coffee, milk, juice, beer, and any other type of beverages. Actually, the term "beverage" refers to any liquid product.

Beverage is a noun, not a verb. Beverage might be hot and frothy or include alcohol, and it can be used for anything you can drink, but sometimes it's more commonly associated with certain types of beverages, like soft drinks.

In restaurants, bars, and stores, the word beverage is used in place of the word "drink."

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Discuss the political, social, economic, technological and other
configurations that support cross-border trade by giving examples of any
multinational firms operating in Ethiopia

Answers

Answer: , I can give you an overview of the political, social, economic, and technological factors that support cross-border trade, along with some examples of multinational firms operating in Ethiopia.

Political Factors: - The government's policies and regulations play a significant role in supporting cross-border trade. - A favorable political climate encourages multinational firms to invest in the country.

- Ethiopia has implemented policies aimed at attracting foreign investors, such as tax incentives and relaxed regulations.

- The government's efforts to improve infrastructure, such as roads and ports, has also contributed to the growth of cross-border trade. Social Factors:

- The availability of skilled and affordable labor is an important factor that influences the growth of multinational firms in Ethiopia. - Ethiopia's young and growing population presents an opportunity for firms to expand their markets. - The cultural diversity of the country is also attractive to multinational firms seeking to expand their operations globally. Economic Factors: - Ethiopia has a liberalized economy with a stable macroeconomic environment that supports cross-border trade. - The country has made significant progress in economic reforms, including the privatization of state-owned enterprises. - Ethiopia's strategic location, with access to the Red Sea and proximity to the Middle East and Europe, has made it an attractive destination for multinational firms. Technological Factors: - Technology has played a significant role in supporting cross-border trade, making it easier and more cost-effective. - The use of e-commerce platforms has made it possible for multinational firms to reach customers in different parts of the world. - The availability of high-speed internet and mobile networks has also facilitated cross-border trade. Examples of Multinational Firms Operating in Ethiopia: - Coca-Cola is a global brand that operates in Ethiopia and has invested heavily in the country. - H&M, the Swedish fashion retailer, has opened stores in Ethiopia, taking advantage of the country's textile industry. - Unilever, the British-Dutch consumer goods company, has also invested in Ethiopia, setting up a manufacturing plant for its products. In conclusion, the political, social, economic, and technological factors mentioned above have contributed to the growth of cross-border trade in Ethiopia. This has attracted multinational firms to invest in the country, with many seeing Ethiopia as a potential hub for doing business in Africa

Explanation:

Substitute x = b 2 into the simplified expression, the value was 20.

Answers

Answer:

b= 10 x = 20

Explanation:

b= 10. 10 x 2 =x

Therefore the value of X is 20 if you substitute the value twenty for x then divide that value by two you received your variable b's answer.

[100 points, economics, midpoint question]
Consider two markets: the market for motorcycles and the market for pancakes. The initial equilibrium for both markets is the same, the equilibrium price is $6.50, and the equilibrium quantity is 21.0. When the price is $12.75, the quantity supplied of motorcycles is 63.0and the quantity supplied of pancakes is 101.0. For simplicity of analysis, the demand for both goods is the same.

Using the midpoint formula, calculate the elasticity of supply for pancakes. Please round to two decimal places.

[100 points, economics, midpoint question]Consider two markets: the market for motorcycles and the market

Answers

The elasticity of supply for televisions:  2. less elastic than supply in the market for televisions.

To calculate the elasticity of supply, we use the midpoint formula, which is given by:

Elasticity of Supply = (Percentage change in quantity supplied) / (Percentage change in price)

First, we need to calculate the percentage change in quantity supplied:

Change in quantity supplied = New quantity supplied - Initial quantity supplied

Change in quantity supplied for televisions = 800 - 1,000 = -200

Percentage change in quantity supplied = (Change in quantity supplied / Initial quantity supplied) * 100

Percentage change in quantity supplied for televisions = (-200 / 1,000) * 100 = -20%

Next, we calculate the percentage change in price:

Change in price = New price - Initial price

Change in price = $1,200 - $800 = $400

Percentage change in price = (Change in price / Initial price) * 100

Percentage change in price = ($400 / $800) * 100 = 50%

Now, we can calculate the elasticity of supply for televisions:

Elasticity of Supply = (-20% / 50%) = -0.4

The elasticity of supply for televisions is -0.4, it indicates that the supply of televisions is inelastic. This means that the quantity supplied of televisions is not very responsive to changes in price.

The answer is: 2. less elastic than supply in the market for televisions.

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Complete question:

Consider two markets: the market for smartphones and the market for televisions. The initial equilibrium for both markets is the same, with an equilibrium price of $800 and an equilibrium quantity of 1,000. When the price increases to $1,200, the quantity supplied of smartphones is 1,500, and the quantity supplied of televisions is 800. For simplicity of analysis, assume that the demand for both goods is the same.

Using the midpoint formula, calculate the elasticity of supply for televisions. Please round to two decimal places.

Supply in the market for smartphones is

the same elasticity as supply in the market for televisions.less elastic than supply in the market for televisions.There is not enough information to tell which has a higher elasticity.more elastic than supply in the market for televisions.

Which component of the contract documents actually formalizes the contract and is signed by the Owner and the Contractor

Answers

Answer:

An agreement.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.

Hence, an agreement is a component of the contract documents which actually formalizes the contract and is signed by the Owner and the Contractor.

In the event of a breach of the contract by any of the parties involved (the owner or contractor), the contract agreement would be referred to for proper legal purposes.

What is a list of a business employees and how they are to be compensation

Answers

Answer:

1. Base pay package

A base pay package is a standard amount of money an employee receives in exchange for working a set number of hours (typically 40 hours per week). Employees who receive a base pay package are paid an hourly wage or a salary. Although most employees work for base pay, whether they are salaried or hourly employees depends on their role. "An employee working on a project or with defined tasks will usually prefer a base salary package," Jeremy Jarry, CEO of stock-option consultancy B3GIN, told business.com. "Hourly-type packages are often for entry-level positions or low-paying jobs."

2. Commission package

A commission package is compensation given based on employee performance. Some commission packages include a low base-pay salary and high commissions, whereas others offer only commissions. A commission package incentivizes employees to perform well, since their paycheck is tied to their performance. "Often, these compensation packages are given to individuals working in sales," Jarry said. "They will receive a percentage on the turnover they generate or a flat dollar amount if they hit a sales target."  

3. Equity package

Equity packages are typically offered to employees in leadership positions or for hard-to-recruit profiles. However, Jarry said giving every employee access to stock options can create a culture of sharing and inclusion, as well as align the interests of investors, founders, and employees. "Equity will vary by organization and may be used as a larger component if cash is tight (e.g., at a startup) and as a method to incentivize employee retention," Roy said.

4. Benefits package

includes additional perks that workers receive on top of their base wages. There are a few employee benefits you are legally required to offer, including family and medical leave, health insurance (for companies with 50 or more full-time employees), FICA (Social Security, Medicare, and federal insurance contributions), unemployment insurance, and workers compensation

5. Bonuses

Bonuses are often tied to the performance of the employee, their team or the company. Although you can offer bonuses to employees of any level, many employers give bonuses to employees in leadership roles.

I really hope this helps :)

if god died for us who made the book????????????

Answers

Answer:

you mean the bible?

Explanation:

if so, the people from that year who saw everything wrote that down in the bible if u still dont understand let me know

Banks that offer low interest rates to people with good credit

maximize profits at little risk.
sacrifice profits for less risk.
maximize profits at great risk.
sacrifice profits for more risk.

Answers

Banks that offer low interest rates to people with good credit :sacrifice profits for less risk.

What is interest rate?

Interest rate can be defined as the rate a bank or a lender add to the money they lend to a borrower.

Banks tend offers low interest rate to customers with good credit tend to sacrifice the profits they are suppose to gain  for less risk because they believe the customers will payback.

Therefore the correct option is B.

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Question 1: Refer to lecture PowerPoint slides on organizational culture and discuss how Noor bank transformed on seven dimensions?
Seven dimensions are

Detail-oriented
Innovative
Aggressive
Outcome-oriented
Stable
People-oriented
Team-oriented

Answers

Noor Bank, a UAE-based Islamic bank, underwent a significant transformation across seven dimensions to enhance its competitiveness in the market.

The first dimension was customer-centricity, where the bank focused on delivering personalized experiences to customers through digital channels. The second was innovation, where the bank introduced new products and services such as mobile banking and digital payments to cater to the evolving needs of customers.

The third was operational efficiency, where the bank streamlined its processes to reduce costs and improve productivity.

The fourth dimension was risk management, where the bank implemented a robust risk management framework to mitigate potential risks. The fifth was talent management, where the bank invested in employee training and development to build a high-performing workforce.

The sixth was sustainability, where the bank demonstrated its commitment to social and environmental responsibility through various initiatives.

Finally, the seventh dimension was collaboration, where the bank formed partnerships with other institutions to expand its reach and offerings. Through these transformations, Noor Bank has become a leading player in the UAE's banking industry and continues to innovate and grow.

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Complete question is:

Discuss how Noor bank transformed on seven dimensions?

An example of two way communication

Answers

Answer:

Radio, telephone, and computer-aided dispatch systems etc.

Explanation:

Hope it helps,

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How and why would the accounting profession use the results of behavioural research in accounting

Answers

Answer:

Behavioral accounting is a subset of accounting that, in addition to accounting expertise, is concerned with behavior. It is concerned with people's attitudes and behaviors when confronted with an accounting phenomenon, which defines the actions that they will exhibit in decisionmaking. This accounting specialization addresses issues such as human informationprocessing activity, judgement accuracy, accounting problems caused by accounting information users and suppliers, and accounting information users' and producers' decisionmaking skills.

Behavioral psychology seeks to understand how people make choices, communicate with others, and affect economies and societies. The impact of accounting knowledge on conduct, administrative management (budget engagement, nonfinancial interventions, leadership, and balanced scorecard), auditing (auditorclient negotiations, auditor's judgement, and decisionmaking), and ethics (ethical decisionmaking, ethical orientation, and rationalizations for unethical behavior) are all included under the Behavioral accounting definition.

The accounting profession use the results of behavioural research in accounting so that they can understand the behaviour of different entities like a consumer or a retailer and use that in the accounting so that it can help in making a better conclusion.

What is research ?

Research is a defined as the whole process of making hypothesis, collection of data; and analysis and interpretation of that data/information, in accordance with suitable methodologies and drawing the conclusion.

Behavioral research tries to find out how individuals make decisions, interact and influence other individuals, organizations, markets, and society. Behavioral research about individuals like consumers is used in accounting to  analyze and study about the outcome or result like profits.

So we can say that behavioural research plays an important role in analyzing the data and for drawing the conclusion in accounting.

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Which of the following is a true statement?

a. Meals, lodging, and incidental expenditures are deductible if the taxpayer is away from home overnight while traveling.
b. Meals are deductible for an employee who is forced to work during the lunch hour.
c. When a taxpayer travels solely for business purposes, only half of the costs of travel are deductible.
d. If travel has both business and personal aspects, the cost of transportation is always deductible but the deductibility of lodging depends upon whether business is conducted that day.
e. None of the choices are true because business travel is not deductible.

Answers

D ............!.!.!!.!.!.!.!.!.!.!!!.

Prepare a statement of retained earnings in proper form for White Corporation

Answers

The Retained earning for White Corporation is $5,200 for the year ended December 31, 2012.

What is retained earning?

After deducting all of a company's overhead expenses, income taxes, and profits for shareholders, the amount of profit left over is known as retained earnings.

Following is the statement of retained earning for White Corporation-

Retained Earning      $2,000

    less(Dividend)         -$800

              Balance  =    $1,200

 add(Net income)     +$3000

add (Rent Expense)  +$1,000

Retained earning   =   $5200

Therefore, the Retained earning for the year ended on December 31, 2012 of White Corporation will be $5200.

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Is the increase of VAT good or bad And the reasons

Answers

Answer:

increase of VAT is bad

Explanation:

In particular, raising VAT will have a negative effect on productivity growth. Increasing its rate reduces the economic incentives to trade and therefore hampers the division of labour and the associated productivity gains from increased specialisation, economies of scale and so on.

Marketers commonly ask celebrities to endorse products, but tying a brand to a celebrity
can come with risks if that celebrity falls out of favor with the public as the result of a
something they do or say that is perceived negatively.
1. How would you determine if the signing of a celebrity to an endorsement deal is
worth the risk? 2. What would you want to know to make that determination and reduce
the risk potential? 3. List two pros and two cons of tying celebrities to a brand.
The answer to each of the three questions must be a minimum of a paragraph consisting
of five useful sentences per paragraph.

Answers

Several considerations need to be taken into account in order to decide whether signing a celebrity to an endorsement arrangement is worth the risk. It is crucial to first assess the public's view of the celebrity.

How would you decide whether it's worthwhile to sign a famous person to an endorsement contract?

Consider the costs and potential future sales before deciding whether the investment is worthwhile. Whenever in doubt, pick a different marketing strategy. Take into account the celebrity's private life or choices because any publicity could have an impact on the success of your endorsement.

What risks are associated with celebrity endorsement?

The study's findings suggest five criteria that are connected to the possible hazards of celebrity endorsements. These elements are: Several Products

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Joey has opened a restaurant. He paid a large amount of money up front to get the business started. He only sells products that are licensed by someone else. What type of business opportunity is Joey a part of?

Question 9 options:

1: Franchise


2: Dealership


3: Licensing


4: Network marketing

Answers

Answer:

Franchise

Explanation:

The answer is FRANCHISE

What kind of business would you create if you had the chance and why

Answers

I would like to create my own company of Architecture designer, because I like to draw and design, as well as construct!

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Writing ebooks

Similar to blogging, e-books allow you to teach others new skills through a digital book that will cost readers a fraction of the price of a printed copy while offering them the same level of education. E-books are free to start and can be sold on huge platforms such as Amazon. You could even donate copies to not-for-profit organizations who believe in your cause.

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