long, inc. purchased 50 shares of its own $10 par value common stock for $50 per share. the journal entry to record this transaction would include a debit to the

Answer:

D £165,000​

Explanation:

The computation of gross profit for the year using the first in first out (FIFO) method of inventory  valuation is shown below:-

As we know that

Gross profit = Sales - the cost of goods sold

where

Sales is

= 500 units × £550

= £275,000

And, the cost of goods sold is

= 200 units × £250 + 300 units × £200

= £50,000 + £60,000

= £110,000

We considered only 500 units as these sold units are sold

And, this is a first in first out method so we pick the first date units only

So, the gross profit is

= £275,000 - £110,000

= £165,000

Some contents of a balance sheet are:

This refers to the financial statements that make a report on a company's assets and liabilities and their shareholder equity.

The uses of a balance sheet are:

Please note that your question is incomplete so I gave you a general overview of what a balance sheet is, its contents and other relevant information.

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It leads to profit maximization is not an advantage of cost plus pricing.

Profit maximization is a short- or long-term technique that helps businesses choose the prices, input levels, and output levels that will provide the most profit overall.

Businesses go through the procedure of profit maximization to ensure that the ideal levels of productivity and pricing are attained in order to maximize their profits. In order to meet its profit goals, the corporation alters crucial factors including sale price, cost of production, and value of output. Businesses must reduce costs if they want to increase earnings. Simply said, cost reduction refers to a company's ability to maximize production or provide a particular outcome with the fewest resources feasible.

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The Carlson Auto Dealers Inc.'s 2021 cost of ending inventory is $252,000 based on the specific identification inventory method.

2. The Carlson Auto Dealers Inc.'s Cost of Goods Sold for 2021 is $729,300 using the specific identification inventory method.

Data and Calculations:

Beginning Inventory of cars:

Car ID        Cost

203         $78,000

207           78,000

210            81,000

Total = $237,000

Cost of Ending Inventory:

Car ID        Cost      

213          79,500      not sold

216          82,500       not sold

219         90,000       not sold

Total  $252,000

Cost of Goods Sold:

Car ID                  Cost    

203                    $78,000

207                      78,000

210                       81,000

211                       78,000

212                      78,000  

214                      81,000

215                     84,000  

217                     87,000

218                    84,300

Total Cost = $729,300

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Answer:

D. None of the above

Explanation:

The historical cost principle refers to that principle in which the asset should be recorded at the purchased price

The periodicity assumption refers to a period in which the period is divided i.e. weeks, monthly, quarterly, semi annually, yearly, etc

And, the expense recognition principle refers to that principle in which the expenses should be recognized in that year in which they are incurred along with it, the revenues are also recognized in which they are earned

Hence, the correct option is D. none of the above

The answer is median and mode

How to Find the mean and median

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The maximum amount of RCRA hazardous waste that a CESQG can generate per month is 220 pounds (100 kilograms) of non-acute hazardous waste, or one kilogram of acute hazardous waste.

CESQG (conditionally exempt small quantity generator) and VSQG (very small quantity generator) are two different classifications of hazardous waste generators under the Resource Conservation and Recovery Act (RCRA) regulations in the United States.

The maximum amount of RCRA hazardous waste that a CESQG can generate per month is 220 pounds (100 kilograms) of non-acute hazardous waste, or one kilogram of acute hazardous waste.

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Mark Kemp, a student, asked for help in understanding the following characteristics of a corporation: (a) separate legal existence, (b) limited liability of stockholders, and (c) transferable ownership rights.

The explanation of these characteristics to Mark is as follows:

Separate Legal Existence: It is a characteristic of a corporation that it is a legal entity created under state law. It has a distinct legal personality and can own assets, engage in business, sue, and be sued under its name. In short, it can be called as a separate legal entity.

Limited Liability of Stockholders: Another characteristic of a corporation is limited liability. It means that the shareholders are only liable for the amount they have invested in the business. They cannot be held responsible for any debts or obligations incurred by the corporation. This means that the personal assets of the shareholders are not at risk in case the corporation is unable to pay off its debts.

Transferable Ownership Rights: The ownership of a corporation is represented by shares of stock, which can be easily bought or sold by the shareholders. The shares of stock are the proof of ownership in the corporation. It is a characteristic of a corporation that ownership rights can be transferred from one person to another without disrupting the continuity of the business.

In conclusion, the characteristics of a corporation include a separate legal existence, limited liability of stockholders, and transferable ownership rights. A corporation is a legal entity that can own assets, engage in business, sue, and be sued under its name. The shareholders are only liable for the amount they have invested in the business and not responsible for any debts or obligations incurred by the corporation. The ownership of a corporation is represented by shares of stock, which can be easily bought or sold by the shareholders.

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Communication, ethics, conflict management, learning, and inclusion are some issues to consider when leading a multicultural and diversified workforce in Ghanaian business organizations.

In order to foster a culture that celebrates variety and individuality, it is crucial that there be a number of rules and procedures that concentrate on organizational ethics. The manager must be aware of the requirements of the teams, encourage learning, and include the staff in organizational procedures.

Therefore, the sharing of knowledge, learning, and creativity can benefit from a diverse culture.

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Answer:

An organization do not need to compensate employee in order to be fair. If there's someone doing that it is not totally wrong though, it will encourage haziness and uncared attitude in such organization.

Career values are crucial since they can help define the parameters for your personal fulfillment and professional success. You may be intentional in your employment search and utilize your values to build your future by recognizing your own values and what matters most to you.

Work values, also known as career values, are the personal ideas, drives, and beliefs that guide you in determining what matters most to you in your professional life. Your drive to work and your overall success at work are both influenced by them.

Our actions, relationships, and lives as a whole are influenced by our own values. In addition to helping us make important decisions, our beliefs can affect how we develop personally. Knowing your values will help you make decisions about your profession, relationships with others, and interests that are most important to you.

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Answer:

government contract

Explanation:

For most consumers, the term life insurance is considered to be worst option.

A sort of death benefit that pays the policyholder's heirs over a predetermined length of time is term life insurance, commonly referred to as pure life insurance. The owner of the term life insurance policy has three options after the term has ended: renewing it for a new term, changing it to permanent protection, or letting the policy lapse. The premium for term life insurance is established by the insurance provider based on the value of the policy (the payout amount), as well as your age, gender, and general health. A medical examination could be necessary in several situations. Your driving history, current medications, whether you smoke, your work, your hobbies, and your family history may all be requested by the insurance provider.

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Answer:

b. call to action

Explanation:

An element of an effective advertisement is Frank's billboard missing is Call to action. Thus the correct option is B.

An advertisement is referred tool of promotion to create awareness of any product among customers and persuade them to make a purchase which helps in the sales of the product.

In this paragraph, it is described that Billboards have a catchy slogan that gets successful gets the attention of the customer, and influences them to make a visit to their website.

The element of effective advertising which the billboard is missing is a call to action that encourages customers to take action of buying. Here Billboards is unable to tell a story to engage customers so that they will not turn their actions of buying.

Therefore, option B is appropriate.

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Users of financial statements are primarily served by accounting information by providing them with financial and economic data about a corporation.

Creating and keeping up with significant financial reports. preparing tax returns and ensuring timely and accurate payment of taxes. assessing financial operations in order to make recommendations for best practices, spot problems and develop solutions, and aid organizations in functioning effectively.

The service industry includes accounting. Its purpose is to provide quantitative data on economic entities, primarily of a financial (financial) nature (money) that can be used to help with decisions about the economy.

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The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.

Total Cost = Quantity * Cost per pound

Total Cost = 1,000 pounds * $0.11/pound

Total Cost = $110

Spoilage Quantity = 3% of Quantity

Spoilage Quantity = 3% of 1,000 pounds

Spoilage Quantity = 0.03 * 1,000 pounds

Spoilage Quantity = 30 pounds

Effective Quantity = Quantity - Spoilage Quantity

Effective Quantity = 1,000 pounds - 30 pounds

Effective Quantity = 970 pounds

Makeup Rate = 180%

Selling Price per pound:

= (Total Cost * Makeup Rate) / Effective Quantity

= ($110 * 1.80) / 970 pounds

= $2.03505/pound.

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The key that his keyboard does not have is the alt and the shift or the command key is the major difference in the computers.

Using a keyboard, people can input letters, characters, and quantities into the computer. When people type, you push each button on the keyboard separately. On the right-left side alongside the keyboard, one can also find the key warning that runs throughout the top of both the number .

Using shortcut keys for computer applications can help you navigate and carry out commands more quickly and easily. Alt (on Computers), Command (on Mac systems), Ctrl, or Shift combined with some other key is used to execute shortcut keys.

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Answer:

a customer is required to buy one product only if the customer also buys a second product.

Explanation:

Tying sales means the circumstance in which a customer is needed to purchase other item so that he or she is able to acquire the commodity

So here it refers that the situation where the customer is needed to purchase one product only in the case when the customer also purchased the second product

Therefore as per the given situation, the first option is correct

Entrepreneurs often produce innovations related to market identification. Thus, option (d) is correct.

Who is Entrepreneurs?

The term “entrepreneur” refers to the person who launches a new business at their own risk and profit basis. The starting up of a new business with a new idea and logic is called entrepreneurship. The entrepreneur's main motive is to set up a business to generate employment.

The entrepreneur is work new idea as called startup company. The entrepreneurs as the startup, the business as the innovations of the consumer  problems. The entrepreneur as the search, the market identification of the consumer demand and needs. The entrepreneur as also search the competitors of the market.

As a result, the entrepreneurs as they produced the identification of the market. Therefore, option (d) is correct.

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Financial aid letters show your aid and costs of attendance for an academic year.

This is a letter that a tertiary institution gives to a student to show the cost of their attendance at the college they are currently enrolled in.

The period covered in the letter is the academic year which means that the costs associated with two semesters of attending the university will be shown to the student.

These costs will include things like tuition fees, room and board fees, transportation and other miscellaneous costs.

The letter will also include all the financial aids that the student may receive including federal grants, college grants, state grants, and federal loan options that a person may be eligible for.

In conclusion, financial aid letters show the costs of attendance in an academic year and the aid that comes with it.

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Answer:

ok

Explanation:

The potential impacts of each decision with regard employee classification include financial costs, legal battles, public perception, and potentially losing market share to competitors who are able to navigate the regulatory landscape more effectively.

Uber's options in handling California AB5 are as follows:

Comply with AB5 and reclassify drivers as employees, which would result in significant increases in labor costs and potential loss of driver flexibility.

Contest AB5 and argue that their drivers are independent contractors, which could lead to legal battles and potentially a negative public image.

Seek a compromise with California lawmakers, such as creating a new worker classification that falls between employee and independent contractor, which could help maintain some flexibility for drivers while also providing certain benefits.

The potential impacts of each decision include financial costs, legal battles, public perception, and potentially losing market share to competitors who are able to navigate the regulatory landscape more effectively.

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Comprehensive cash budget for January to March:

To prepare the cash budget, we need to calculate the total cash receipts, total cash payments, and the net cash flow for each month.

What is cash budget ?

Here are the calculations for January to March:

January:

Total cash receipts = (94,000 × 0.85 × 0.95 × 1.04 × 128,000 / 1000) + (94,000 × 0.10 × 1.04 × 128,000 / 1000) + (94,000 × 0.03 × 1.04 × 128,000 / 1000) = 91.53 million TZS

Total cash payments = 110,000 × 0.85 × 1.04 × 1.04 × 1.04 + 45,000 × 1.04 + 0.8 million TZS = 102.28 million TZS

Net cash flow = Total cash receipts - Total cash payments = -10.75 million TZS

February:

Total cash receipts = (114,000 × 0.85 × 0.95 × 1.04 × 132,000 / 1000) + (114,000 × 0.10 × 1.04 × 132,000 / 1000) + (114,000 × 0.03 × 1.04 × 132,000 / 1000) + 55,000 = 121.35 million TZS

Total cash payments = 30,000 × 0.85 × 1.04 × 1.04 × 1.04 + 88,000 × 0.85 × 0.95 × 1.04 + 110,000 × 0.15 × 1.04 × 1.04 + 0.8 million TZS + 0.8 million TZS = 121.58 million TZS

Net cash flow = Total cash receipts - Total cash payments = -0.23 million TZS

March:

Total cash receipts = (132,000 × 0.85 × 0.95 × 1.04 × 132,000 / 1000) + (132,000 × 0.10 × 1.04 × 132,000 / 1000) + (132,000 × 0.03 × 1.04 × 132,000 / 1000) = 127.17 million TZS

Total cash payments = 100,000 × 0.85 × 1.04 × 1.04 × 1.04 + 42,000 × 1.04 + 0.8 million TZS + 0.8 million TZS = 100.37 million TZS

Net cash flow = Total cash receipts - Total cash payments = 26.8 million TZS

Based on the above calculations, the comprehensive cash budget for January to March is as follows:

     Jan                  Feb                  Mar

Opening balance 175,000 -10,750,000 -10,983,000

Cash receipts 91,530,000 121,350,000 127,170,000

Total cash available 91,705,000 110,600,000 116,187,000

Cash payments -102,280,000 -121,580,000 -100,370,000

Net cash flow -10,575,000 -223,000 26,800,000

Closing balance 164,425,000 164,202,000 191

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Answer:

Explanation:

can i get the answer

The effect of the sale on the accounting equation is an increase in assets by $47,487 and an equal increase in equity.

In the given scenario, when land originally purchased for $27,500 is sold for $74,987 in cash, the effect on the accounting equation can be described as follows:

Assets: The land is an asset, and its original value of $27,500 is removed from the asset side of the equation. Additionally, the cash received from the sale, which is $74,987, is added to the asset side. Therefore, the net effect on assets is an increase of $74,987 - $27,500 = $47,487.

Liabilities: The sale of land does not directly impact the liabilities side of the equation. Liabilities represent the debts and obligations of the company, such as loans or accounts payable. Unless there are specific liabilities related to the land, they would remain unchanged in this transaction.

Equity: Equity represents the owner's interest in the company and is calculated as assets minus liabilities. Since the transaction does not impact liabilities, the effect on equity is equal to the effect on assets. Therefore, the equity increases by $47,487.

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Labor efficiency variance = (Actual hour * Standard rate) - (Standard hour * Standard rate).

Labor efficiency variance = $404,600 F

By "efficiency of labor," we mean a worker's ability to produce more or better work, or both, over the course of a given amount of time.

1) Labor efficiency variance = (68,000 * $17) - ((30,600 * 3) * $17)

Labor efficiency variance = $1,156,000 - (91,800 * $17)

Labor efficiency variance = $404,600 F

2) Variance in direct labor worked divided by variance in labor efficiency

Variance in labor costs is $404,600 - $68,000.

Variance in labor costs = $336,600 F

3) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.

Manufacturing variable overhead cost = 24,000 * $21

$504,000 is the variable manufacturing overhead cost.

4) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.

Cost of variable overhead in production = 30,600 * $21

$642,600 is the variable manufacturing overhead cost.

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In response to the temporary increase in oil prices, the short-run equilibrium experiences a higher price level and lower GDP, while the long-run equilibrium sees a higher price level and unchanged GDP.

In the short-run, the AD curve shifts leftward due to the increase in oil prices. This is because higher oil prices increase production costs for firms, leading to reduced consumption and investment spending by households and businesses.

As AD shifts leftward, it intersects with the SRAS curve at a new short-run equilibrium (ESR). At this new equilibrium, the price level increases while GDP decreases compared to the initial equilibrium.

In the long-run, the SRAS curve adjusts to the higher oil prices as firms gradually reduce production and adjust their input costs. This adjustment reflects the fact that higher oil prices affect the overall cost structure of the economy.

As the SRAS curve shifts leftward, it eventually intersects with the LRAS curve at a new long-run equilibrium (ELR). At this equilibrium, the price level is higher than the initial equilibrium due to the higher oil prices. However, GDP returns to its potential level determined by the LRAS curve.

Therefore, in response to the temporary increase in oil prices, both the price level and GDP initially decrease in the short-run but eventually stabilize in the long-run, with a higher price level and unchanged GDP compared to the initial equilibrium.

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The lead/lag phase relations between the studied series are shown as an arrow in the wavelet coherence plots. When the two-time series have a zero phase difference, they move in unison on that scale. Depending on whether the time series are in phase or antiphase, arrows will point to the right (left). The correlation between two signals is gauged by wavelet coherence.

The examination of frequency change in the time domain is made possible by wavelet analysis, which enables the change from a time-value system to a time-scale (frequency) system. Based on the frequency components that each signal contains, the coherence function calculates the correlation between the signals. The spectrum is hence a correlation. By calculating the cross-phase spectrum, one can also derive time differences as a function of frequency.

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An operating budget is a financial statement that outlines the organization's expenditures and revenues for a specific period.

The operating budget is typically for a fiscal year, which is usually twelve months. The future period for an operating budget is usually a fiscal year or less than a year. The operating budget is critical because it establishes guidelines for financial activities and operations in an organization. It provides a roadmap for financial plans for a short-term, future period, which typically begins on January 1st and ends on December 31st.

An organization creates an operating budget to aid in the allocation of resources and expenditures to achieve its objectives for a given period. A typical operating budget is for a fiscal year. A fiscal year is the period when an organization prepares its financial statements. It is usually 12 months, but it may be shorter or longer depending on the organization. An operating budget typically covers one fiscal year; however, it may be longer or shorter based on the organization's preferences.

The future period for an operating budget is frequently updated to reflect the company's current situation and financial standing. It takes into account the actual results of the previous period and the estimated expenditures and revenues for the upcoming year to develop the operating budget for a future period.

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Answer:

The interpretation including its question would be characterized in the explanatory segment elsewhere here.

Explanation:

(a)

(b)