On August 1, 2014, Rafael Masey established Planet Realty, which completed the following transactions during the month:
a. Rafael Masey transferred cash from a personal bank account to an account to be used for the business, $17,500.
b. Purchased supplies on account, $2,300.
c. Earned sales commissions, receiving cash, $13,300.
d. Paid rent on office and equipment for the month, $3,000.
e. Paid creditor on account, $1,150.
f. Withdrew cash for personal use, $1,800.
g. Paid automobile expenses (including rental charge) for month, $1,500, and miscellaneous expenses, $400.
h. Paid office salaries, $2,800.
i. Determined that the cost of supplies used was $1,050.
Instructions
1. Journalize entries for transactions (a) through (i), using the following account titles: Cash; Supplies; Accounts Payable; Rafael Masey, Capital; Rafael Masey, Drawing; Sales Commissions; Rent Expense; Office Salaries Expense; Automobile Expense; Supplies Expense; Miscellaneous Expense. Journal entry explanations may be omitted.
2. Prepare T accounts, using the account titles in (1). Post the journal entries to these accounts, placing the appropriate letter to the left of each amount to identify the transactions. Determine the account balances, after all posting is complete. Accounts containing only a single entry do not need a balance.
3. Prepare an unadjusted trial balance as of August 31, 2014.
4. Determine the following:
a. Amount of total revenue recorded in the ledger.
b. Amount of total expenses recorded in the ledger.
c. Amount of net income for August.
5. Determine the increase or decrease in owner’s equity for August
Answers
Answer:
1) Journalize entries for transactions (a) through (i)
a. Rafael Masey transferred cash from a personal bank account to an account to be used for the business, $17,500.
Dr Cash 17,500 Cr Rafael Masey, capital 17,500b. Purchased supplies on account, $2,300.
Dr Supplies 2,300 Cr Accounts payable 2,300c. Earned sales commissions, receiving cash, $13,300.
Dr Cash 13,300 Cr Sales commissions 13,300d. Paid rent on office and equipment for the month, $3,000.
Dr Rent expense 3,000 Cr Cash 3,000e. Paid creditor on account, $1,150.
Dr Accounts payable 1,150 Cr Cash 1,150f. Withdrew cash for personal use, $1,800.
Dr Rafael Masey, drawings 1,800 Cr Cash 1,800g. Paid automobile expenses (including rental charge) for month, $1,500, and miscellaneous expenses, $400.
Dr Automobile expenses 1,500Dr Miscellaneous expenses 400 Cr Cash 1,900h. Paid office salaries, $2,800.
Dr Office salaries expense 2,800 Cr Cash 2,800i. Determined that the cost of supplies used was $1,050.
Dr Supplies expense 1,050 Cr Supplies 1,0502) Prepare T accounts
Cash
Debit Credit
a. 17,500 d. 3,000
c. 13,300 e. 1,150
f. 1,800
g. 1,900
h. 2,800
20,150
Rafael Masey, capital
Debit Credit
a. 17,500
Rafael Masey, drawings
Debit Credit
f. 1,800
Supplies
Debit Credit
b. 2,300 i. 1,050
1,250
Accounts payable
Debit Credit
e. 1,150 b. 2,300
1,150
Sales commissions
Debit Credit
c. 13,300
Rent expense
Debit Credit
d. 3,000
Automobile expense
Debit Credit
g. 1,500
Miscellaneous expense
Debit Credit
g. 400
Office salaries expense
Debit Credit
h. 2,800
Supplies expense
Debit Credit
i. 1,050
3) Prepare an unadjusted trial balance as of August 31, 2014.
Assets
Cash $20,150
Supplies $1,250
total assets = $21,400
Liabilities + Equity
Accounts payable $1,150
Rafael Masey, capital $20,250
total liabilities and equity = $21,400
4) a. Amount of total revenue recorded in the ledger.
$13,300b. Amount of total expenses recorded in the ledger.
$8,750c. Amount of net income for August.
$4,5505) Determine the increase or decrease in owner’s equity for August
owner's equity increased by $4,550 during AugustRelated Questions
Information and Data
White Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows:
Raw Materials $20,000
Work in Process $15,000
Finished Goods $30,000
The company applies overhead cost to jobs on the basis of machine-hours worked. For the current year, the company's predetermined overhead rates was based on a cost forumulat that estimated $450,000 of total manufacturing overhead for an estimated activity level of 75,000 machine-hours. The following transactions were recorded for the year:
A. Raw materials were purchased on account, $410,000.
B. Raw materials were used in production, $380,000 ($360,000 direct materials and $20,000 indirect materials).
C. The following costs were accrued for employee services: Direct Labor, $75,000; Indirect Labor, $110,000; Sales Commissions, $90,000; and Administrative Salaries, $200,000.
D. Sales travel costs (on account) were $17,000.
E. Utility costs (on account) in the factory were $43,000.
F. Advertising costs (on account) were $180,000.
G. Depreciation was recorded for the year, $350,000 ($280,000 relates to factory assets and $70,000 relates to selling and administrative assets).
H. Insurance expired during the year, $10,000 ($7,000 relates to factory operations and the remaining relates to sellling and administrative activities.
I. Manufacturing overhead was applied to production. Due to greater than expected demand for its products, the company worked 80,000 machine hours on all jobs during the year.
J. Jobs costing $900,000 to manufacture according to their job cost sheets were completed during the year.
K. Jobs were sold on account to customers during the year for a total of $1,500,000. The jobs cost $870,000 to manufacture according to their job cost sheets.
L. Close out entry to for Underapplied / Overapplied Manufacturing Overhead (as stated in item 3 above).
1. Prepare journal entries to record the preceding transactions.
2. Post the entries prepared in step 1 to their respective T-accounts.
3. Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold.
4. Prepare and income statement for the year.
Answers
Entry in a journal: Raw materials bought on credit: Inventory of Raw Materials: 410,000 Accounts Raw materials used in production, payable at 410,000: Manufacturing Overhead 360,000 Work in Process Inventory 20,000.
Do manufacturers like Hogle Company employ task order costing?Job-order costing is used by the manufacturing company Hogle Company. The company's inventory balances on January 1, the start of its fiscal year, were as follows: The business allocates overhead costs to projects based on the number of machine hours used.
In a job order costing system, what are the three types of manufacturing costs?Overhead, direct labour, and direct materials are the three primary categories of expenses that are taken into consideration during the production process.
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Kabete limited is a one of the seed companies operating in Kenya. The company develops, produces, and
distributes high quality seeds that guarantee high performance for the farmers located in dry lands and
highlands part of the country. Last month, the company had a major breakthrough in the development of
a resistant and high quality seed of sorghum suitable for growing conditions of Kerio Valley where Kenya
Development Authority (KVDA) has commissioned irrigation schemes on thousands of hectares of
arable land. In order to process and deliver the seed, Kabete limited has the option either hiring a
processing plant from Smart Seed limited or acquiring it in order to meet the demand of the already
identified market. The following information for the two options has been availed by the capital
budgeting team.
OPTION ONE: HIRING PROCESSING PLANT
(i) Smart Seed limited will charge $ 250 per hour for a maximum of ten hours a day
(ii) The charges per hour beyond ten hour processing time is $280
(iii)Smart Limited estimates that inflation will go up each year by five per cent. As a result, annual
charges will be adjusted upwards to accommodate for inflation.
(iv)Kabete limited estimates that it requires 2,000 hours of the hired plant at most for 80 days a year.
OPTION TWO: SET UP THE PLANT
(i) Acquisition cost is estimated to be $1.5 Million
(ii) Preliminary expenses is estimated to be $ 0.2 Million
(iii)Excess capacity is anticipated which the company plans to rent out for eight hours a day for $ 280
per hour, 250 days in a year
(iv)Installation Costs estimated to be $ 75,000
(v) Initial amount of required of working capital estimated at $ 40,000
(vi)Maintenance cost per year is estimated at $ 30,000
(vii) Energy Consumption cost per year is estimated at $ 50,0000
(viii) Incremental overheads cost per year is estimated at $ 140,000
(ix)Financing costs per year estimated at $ 20,000
(x) Useful Life of the machine = five years
(xi)Estimated salvage value at the end year five is $ 20,000
(xii) No Depreciation charge in Year five
(xiii) Corporate tax rate = 30 %
(xiv) Risk adjusted cost of capital is estimated at 12 %
(xv) Depreciation rate is given 25 % on a reducing balance basis
(xvi) The plant can be rented out
Questions:
(a) What is the intuitive explanation of the hurdle rate of 12 %
(b) Compute total savings in hiring charges if the company sets up the plant
(c) Compute rental revenue from renting out the processing plant
(d) Using Discounted cash flow techniques of NPV and BC-R , compute the figure of merit and decision
criterion
Page 2 of 6
Answers
(a) The hurdle rate of 12% is the minimum rate of return that an investment project must earn to be considered viable.
b) Total savings in hiring charges if the company sets up the plant is $38,385,000.
c) Rental revenue from renting out the processing plant is $2,800,000.
d) The figure of merit can be computed using the discounted cash flow techniques of NPV and BC-R.
a) It represents the opportunity cost of investing in the project, which is the return that could be earned by investing in an alternative project with similar risk. Therefore, any investment project must be evaluated against this hurdle rate to determine if it is worth pursuing.
(b) Total savings in hiring charges if the company sets up the plant can be calculated as follows:
Total hours required = 2,000 hours x 80 days = 160,000 hours
Maximum hours per day = 10 hours
Total days required = 160,000 hours / 10 hours per day = 16,000 days
Hiring cost for 16,000 days = $250 x 10 hours x 16,000 days = $40,000,000
Cost of setting up the plant = $1.5 million + $0.2 million + $75,000 + $40,000 = $1,615,000
Total savings in hiring charges = $40,000,000 - $1,615,000 = $38,385,000
(c) Rental revenue from renting out the processing plant can be calculated as follows:
Rental revenue per year = $280 x 8 hours x 250 days = $560,000
Total rental revenue for five years = $560,000 x 5 = $2,800,000
(d) The net present value (NPV) method calculates the present value of all expected cash inflows and outflows of a project, using a discount rate to adjust for the time value of money. The benefit-cost ratio (BC-R) method measures the ratio of the present value of expected cash inflows to the present value of expected cash outflows.
NPV can be calculated as follows:
Year 0:
Initial investment = -$1,615,000
Year 1-4:
Cash inflows = Rental revenue + Tax savings on depreciation
= $560,000 x (1 - 0.3) + ($1,615,000 x 0.25 x (1 - 0.3))
= $452,600
Cash outflows = Operating expenses + Financing costs
= $30,000 + $50,000 + $140,000 + $20,000
= $240,000
Discount factor at 12% = 1 / (1 + 0.12)^n, where n is the year
NPV = Sum of (Cash inflows - Cash outflows) x Discount factor
= -$1,615,000 + ($452,600 x 0.893) + ($452,600 x 0.797) + ($452,600 x 0.712) + ($452,600 x 0.636)
= $366,420
BC-R can be calculated as follows:
Present value of cash inflows = $452,600 x (1 / (1 + 0.12)^1) + $452,600 x (1 / (1 + 0.12)^2) + $452,600 x (1 / (1 + 0.12)^3) + $452,600 x (1 / (1 + 0.12)^4)
= $1,384,511
Present value of cash outflows = $1,615,000
BC-R = Present value of cash inflows / Present value of cash outflows
= $1,384,511 / $1,615,000
= 0.857
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The cost of external equity capital raised by issuing new common stock (re) is defined as follows, in words: "The cost of
external equity equals the cost of equity capital from retaining earnings (rs), divided by one minus the percentage flotation
cost required to sell the new stock, (1 - F)."
Answers
given that x is equals to -2 find the value of y and z for the simultaneous equation x+-z=-1, x-2y+z=-7
Answers
Answer:
Explanation:
given
x = - 2
Then
x + ( - z) = - 1
-2 - z = - 1
- z = - 1 + 2
z = - 1
now
x - 2y + z = - 7
- 2 - 2y - 1 = - 7
- 3 - 2y = - 7
- 2y = - 7 + 3
- 2y = - 4
y = 2
hope it helps :)
Who might an HR professional turn to for help in making good use of external
recruitment sources?
OA. A recruitment agency
OB. A corporate manager
OC. A guidance counselor
O D. An advertising firm
Answers
A recruitment agency is a source to which the HR professional turn to for help in making good use of external recruitment sources. Thus, option A is appropriate.
Identification, attraction, interviewing, selection, hiring, and onboarding of personnel are all included in the recruitment process. Put it another way, it covers everything from identifying a staffing requirement to meeting it. Various employees are in charge of recruiting, depending on the size of the company.
The entire process of finding, sourcing, screening, shortlisting, and interviewing people for positions within an organization is known as recruitment. The selection of candidates for unpaid positions is another step in the recruitment process.
Thus, option A is correct.
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You have an investment that will provide $1,000 at the end of each of the next 24 months and
$1,500 at the end of each of the following 24 months (periods 25 through 48). If your opportunity cost of funds is 10%, how much would you pay for this investment (what is the present value)?
Answers
Answer:A. $48,307
Explanation: Did the test.
The quantity demanded of Good A has recently increased by 2% in response to an increase in income. By how much must income have increased (as a percentage) for the income elasticity of demand to equal 0.2?
Answers
Answer:
Income must have increased by 10%
Explanation:
To find the answer, we use the Income Elasticity of Demand (IED) formula:
IED = Change in quantity demanded / change in income
Now, we plug the amounts into the formula and solve:
0.2 = 0.02 / X
0.2 *X = (0.02 / X ) * X
0.2X = 0.02
0.2X*100 = 0.02*100
20X = 2
20X/20 = 2/20
X = 1/10
X = 0.1
X = 10%
Evaluate the impact that the Total quality management elements have on woolworths, as a large company and provide practical examples to support your findings
Answers
The elements of total quality management in a large company like Woolworths is the creation of value in the micro and macro environment.
How does total quality management impact the business?Total quality management is a method that assists in the continuous improvement of processes, through a strategy of monitoring, controlling and reviewing processes to reduce bottlenecks and maximize quality.
Therefore, in a supermarket chain like Woolworths, total quality management can increase employee and consumer satisfaction, increasing the company's positioning and competitive advantage.
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What is the total number of questions available on the Brainly platform and where can I find them?
Answers
Someone who takes charge and solves problems without being asked to is demonstrating.
a. loyalty
b. malleability
c. cooperativeness
d. initiative
.
Answers
Cooperativeness was my second choice, but initiative means to be forward and be the one to take charge.
Answer:
D.
Explanation:
A contractor purchased a dozer for $180,000 and anticipates using it for nine years. The salvage value of the dozer at the end of the nine years is estimated to be $27,000. Using the straight-line method of depreciation accounting, determine the book value of the dozer at the end of each of the nine years.
Answers
The salvage value of the dozer at the end of year 1 is $163,000
The salvage value of the dozer at the end of year 2 is $146,000
The salvage value of the dozer at the end of year 3 is $129,000
The salvage value of the dozer at the end of year 4 is $112,000
The salvage value of the dozer at the end of year 5 is 95,000
The salvage value of the dozer at the end of year 6 is 78,000
The salvage value of the dozer at the end of year 7 is 61,000
The salvage value of the dozer at the end of year 8 is $44,000
The salvage value of the dozer at the end of year 9 is $27,000.
What is the book value of the dozer?Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
(180,000 - $27,000) / 9 = $17,000
Book value = cost of the asset - depreciation expense
Year 1 = $180,000 - $17,000 = $163,000Year 2 = $163,000 - $17,000 = $146,000Year 3 = $146,000 - $17,000 = $129,000Year 4 = $129,000 - $17,000 = $112,000Year 5 = $112,000 - $17,000 = 95,000Year 6 = 95,000 - $17,000 = $78,000Year 7 = $78,000 - $17,000 = $61,000Year 8 = $61,000 - $17,000 = $44,000Year 9 = $44,000- $17,000 = $27,000To learn more about straight line depreciation, please check: https://brainly.com/question/6982430
QUESTION ONE
ABC Ltd wishes to expand its business. On 31 Dec 2021, the company had
the following existing and proposed capital structures to support the
expansion programme.
1. The existing 8% debt capital has a book value of Ksh 50 000 000 and
matures in 10 years. The market value of debt at the close of business on
31 Dec 2021 was Ksh 40 000 000
2. A ten year loan of Ksh 300 000 000 is to be raised at an interest of 10
percent p.a. A cost of Ksh 20 000 000 will be incurred in raising this loan
3. A 12% preference stock capital stands in the books at Ksh 100 000 000
( 1 000 000 shares) and has a total market value of Ksh 150 000 000.
4. There are 40 000 000 ordinary shares with a current market price of Ksh
1500 each. The firm’s expected earnings per share (EPS) stand at Ksh
200, its growth rate is 6% and has a dividend payout of 60%.
5. The company plans to issue 10 000 000 ordinary shares at a market price
of Ksh 1 500 per share. The cost of floating the shares is estimated at Ksh
10 000 000.
Required:
i) Firm’s current weighted average cost of capital (10 marks)
ii) Firm’s expected weighted average cost of capital after the expansion
programme (i.e. marginal cost of capital) (5 marks)
QUESTION TWO
An investor intends to place Ksh 112,000,000 in the 91 days Treasury bill at a quoted rate/yield of 7.65%
p.a.
Required:
a) Compute the investor’s return, assuming that he is withholding tax-payer
b) Compute the investor’s return, assuming that he is non-withholding taxpayer (6 marks)
Answers
Answer:
rat
Explanation:
how is the aggregate supply curve for the economy related to the supply curves of individual producers?
Answers
Answer:
The aggregate supply curve depicts the quantity of real GDP that is supplied by the economy at different price levels. Increases in the price level will increase the price that producers can get for their products and thus induce more output. ...
Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.40 per card, and the cost of printing is $0.10 per card. The company receives $3.75 per card sold. Since the cards have the current year printed on them, unsold cards have no salvage value. Their customers are from the four areas: Los Angeles, Santa Monica, Hollywood, and Pasadena. Based on past data, the number of customers from each of the four regions is normally distributed with mean 2,300 and standard deviation 200. (Assume these four are independent.)
What is the optimal production quantity for the card?
Answers
Answer:
≈ 9644 quantity of card
Explanation:
given data:
n = 4 regions/areas
mean demand = 2300
standard deviation = 200
cost of card (c) = $0.5
selling price (p) = $3.75
salvage value of card ( v ) = $ 0
The optimal production quantity for the card can be calculated using this formula below
= u + z (0.8667 ) * б
= 9200 + 1.110926 * 400
≈ 9644 quantity of card
First we have to find u
u = n * mean demand
= 4 * 2300 = 9200
next we find the value of Z
Z = ( \(\frac{p-c}{p-v}\) )
= ( 3.75 - 0.5 ) / 3.75 = 0.8667
Z( 0.8667 ) = 1.110926 ( using excel formula : NORMSINV (0.8667 )
next we find б
б = 200\(\sqrt{n}\) = 400
if there are a total of ten 100 point tests for the quarter, is it possible for her to raise her average to 90
Answers
Since she needed 160 to make the expected average of 90 and can obtain 185 based on previous average performance, she can raise her standard to 90.
What is average?Average refers to the mean value. It is a central value that shows the mean score in a data set.
The mean is computed by dividing the sum of the data values by the data set number.
Data and Calculations:Total scores obtained = 740
Number of tests taken = 8
Average scores per test = 92.5 (740/8)
Expected average = 90
Total scores based on the expected average = 900 (90 x 10)
The remaining test scores based on the achieved average = 160 (100 x 10 - 740)
The remaining test scores = 200
Based on her average performance so far, she can obtain = 185 (200 x 92.5%)
Thus, based on her previous average performance, she can raise her average to 90.
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Question Completion:She has already scored 740 marks on 8 tests.
1.) Name two alphabetic arrangements of subject records storage.
2.) Explain how the two arrangements are alike and how they differ?
Answers
Answer:
1.) An alphabetic listing of all subject titles used in the filing system
2.) Titles on the master index are used for filing and retrieving records
An economy where trade is encouraged and not monitored by the government is called a
a
command economy
b
free enterprise economy
c
global export economy
d
mixed enterprise economy
This is career research and decision making ITS NOT BUSINESS
Answers
Based on the principle of trade, correct answer is b. free enterprise economy
Free enterprise economyThe free enterprise economy is an economic system that is based on demand and supply with no government influence or control.In conclusion,we can conclude that free enterprise economy is the correct answer
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Answer:
B.
Explanation:
Mr. Ghani wants to deposit his savings of Rs. 50,000 in a bank which offers 8% interest compounded semi-annually to withdraw Rs. 2,500 at the end of each six months from the date of deposit. How many withdrawals will he or his heir (in case of his death) be able to make before the entire amount is exhausted
Answers
Answer:
How many withdrawals will he or his heir (in case of his death) be able to make before the entire amount is exhausted is explained below in detail explanation.
Explanation:
Let the no of withdrawals be n, then
Present value of n withdrawals = 50000
Interest rate per 6 months =8%/2 =4%
Withdraw amt/(Int rate)*(1-1/(1+interest)^n) = 50000
=> 2500/0.04*(1-1/1.04^n) = 50000
1/1.04^n = 0.2
1.04^n = 5
=> n = ln(5) / ln(1.04) = 41.03
Total 41 withdrawals of Rs.2500 can be made (with a smaller 42nd installment of less than Rs.2500)
2.suppose 40% of the people entering X electronics store this month make a purchase. If 10 people enter the store, find the expected number making a purchase. Suppose that for the next month X electronics store forecasts 1000 customers will enter the store. (i)What is the expected number of customers who will make purchase? (ii) Find also the Standard Deviation.
Answers
i) The expected number of customers who will make a purchase in the current month is 4.
ii) The standard deviation for the number of customers making a purchase in the current month is approximately 1.55.
To find the expected number of customers making a purchase, we can multiply the total number of customers entering the store by the probability of making a purchase.
(i) For the current month:
Number of people entering the store = 10
Probability of making a purchase = 40% = 0.4
Expected number of customers making a purchase = Number of people entering the store * Probability of making a purchase
Expected number of customers making a purchase = 10 * 0.4
Expected number of customers making a purchase = 4
Therefore, the expected number of customers who will make a purchase in the current month is 4.
(ii) To find the standard deviation, we need to consider the binomial distribution since the number of customers making a purchase follows a binomial distribution with parameters n (number of trials) and p (probability of success).
For the current month:
n = Number of people entering the store = 10
p = Probability of making a purchase = 0.4
q = Probability of not making a purchase = 1 - p = 1 - 0.4 = 0.6
Standard deviation (σ) of a binomial distribution is given by the formula:
σ = √(n * p * q)
Substituting the values:
σ = √(10 * 0.4 * 0.6)
σ = √(2.4)
σ ≈ 1.55
Therefore, the standard deviation for the number of customers making a purchase in the current month is approximately 1.55.
For the next month, if the store forecasts 1000 customers to enter the store, we can use the same calculations with updated values of n and p to find the expected number of customers making a purchase and the standard deviation.
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what is the importance of Business Development Services?
Answers
Answer:
Business development services are important because they can assist entrepreneurs to run their business more effectively and, if appropriately applied, can act as an enhancer of access to finance and as an alternative form of “collateral” in circumstances where tangible collateral may be an impediment to meeting .
A major glass factory just closed because it wasn't making enough money to sustain itself. As a result, hundreds of workers lost their jobs. In addition to impacting the people who are now unemployed, what impact does this factory closure have on other businesses in the area
Answers
Answer:
They are very sad now because they liked the old factory.
Common shares of which of the following issuers are likely to have a Beta coefficient much lower than +1?A. Tool and die makerB. Pharmaceutical manufacturerC. Public utilityD. Electronics manufacturer
Answers
Answer:
C
Explanation:
Beta measures the volatility of a stock. The higher the beta, the higher the volatility and the higher the risk of the stock.
Public utility would most like have a beta less than 1 because it would most likely not be affected by business cycles
7. If net sales decrease and cost of goods sold increases, the gross profit percentage
O A. decreases.
O B. will change based upon the change in total assets.
OC. increases.
D. remains the same.
Answers
Answer:
A. decreases.
Explanation:
When provided with the sales figure and the costs of golds sold (COGS), the calculation of gross profit will be the sales revenue minus the cost of goods sold.
I.e., Sale revenue - COGS = gross profit.
IF sales revenue is high and the cost of goods is low, a business will have a gross profit. The business will make losses if the cost of good s sold is greater than sales.
If sales revenue reduces and COGS increases, the gross profit percentage will decrease.
How can life expectancy and literacy rates affect the quality of labor in the economy?
Answers
Explanation:
Life expectancy and literacy rates can affect the quality of labor in the economy because if citizens are literate, they are educated and likely have white-collar jobs. Citizens who are illiterate likely have more manual labor jobs.A nation with lower fertility rates will usually have less people, and scarce resources will take longer to run out
I. A clinic encourages its customers to have their bond checked with the claim that one out
of four 60-year-old men need to be supplemented with glucosamine. If this is true, what is
the probability of the following events:
a. Two out of the next eight 60 year-old men need to be supplemented with glucosamine
b. Three out of the next 12 60 year-old men need to be supplemented with glucosamine
Answers
A clinic encourages its customers to have their bond checked with the claim that one out of four 60-year-old men need to be supplemented with glucosamine. If this is true, then the probability of the following events is Two out of the next eight 60 year old men need to be supplemented with glucosamine.
Glucosamine is a naturally occurring compound in the body. It is required for the formation and repair of cartilage as well as other body tissues.
Because glucosamine production slows in age, some people take glucosamine supplements to help them fight aging-related health issues like osteoarthritis. The majority of supplements are made from the shells of marine life, such as prawns and crabs.
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A solid business blank addresses a customers blank
Answers
A solid business plan addresses a customers needs and offers a solution.
What is business?Generally, Business is an activity of providing goods and services in exchange for money. It includes all forms of trade conducted within a society, including bartering and exchange of services.
It is a major part of the economy and is an essential component of economic growth. Businesses can range from small, one-person operations to large, multi-national corporations.
The primary purpose of business is to create and provide goods and services to satisfy customers, generate profits, and create social value.
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Explain the percentage distribution in statistics
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Answer:
The percentage distribution is a statistical distribution of relative frequency, in which the relative frenquencies are percentages over the total number of data, that in this case is equal to 100%.
In order to create a percentage distribution chart, we group the data into classes, and then, we count the number of times the elements of the class appear in the sample, finally, we convert this number into a percentage.
Which one of these documents itemizes the closing costs and explains the terms of your loan?
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Answer: Closing disclosure
Explanation:
Closing Disclosure is a form which gives the final details about the loan an economic entity has chosen. Closing disclosure is made up of the loan terms, the projected monthly payments, and also on how much the person will pay in fees and every other necessary costs in order for the person to get the closing costs.
Once the signed Closing disclosure has been received by the lender from the borrowers, then preparation on the loan documents begin.
A loan is a type of debt that a person or another organization takes on. The borrower receives a sum of money from the lender, which is typically a corporate or government.
The documents that itemizes the closing costs and explains the terms of your loan is "Closing Disclosure"
Closing Disclosure is a document that provides the last facts about the loan that a business has chosen. The loan conditions, expected monthly payments, as well as how much the person will spend in fees and other required expenditures in order to obtain the closing costs are all included in the closing disclosure. The loan documentation are prepared once the lender receives the signed Closing Disclosure from the borrowers.
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while many south asian migrants move to cities seeking education, training, or business opportunities, they likely will not experience:
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While many south asian migrants move to cities seeking education, training, or business opportunities, they likely will not experience B) a lack of any cell phone service, as areas are too crowded for reliable service.
What was the reason why the south asian migrants move to cities ?The reason why the south asian migrants move to cities are so many depending on individuals, for instance some of them moved to the cities because they wer seeking a good education foir themseleves as well as for their children, some of them on the other hand moved to the cities so that they can get some business opportunities so that their financila lives can be imp[roved.
In conclusion, the migration of the south asian to the cities help them not to experience lack of any cell phone servicebecause in the city the network coverage is mich more better with a stable service.
Therefore, option B is correct.
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Missing options:
A) a lack of adequate housing, forcing them to live in large, rambling shantytowns.
B) a lack of any cell phone service, as areas are too crowded for reliable service.
C) children working in risky settings, instead of attending schools.
D) women being forced or recruited into sex work to make ends meet.
materials requisition forms are used for ____. multiple select question. a.specifying the cost of materials to be ordered b.summarizing the cost of a job c. controlling the flow of materials into production d. making journal entries in accounting records
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Materials requisition forms are used for controlling the flow of materials into production. Hence, option C is appropriate.
What is the meaning of Production?The process of mixing several inputs, both material and immaterial, to produce output is known as production. In a perfect world, this output would be a product or service that is useful to people and has value.
Producing something is the act of creating something out of components or raw resources. To put it another way, the production employs inputs to produce an output that is fit for consumption—a good or product that has value for a customer or end-user.
Hence, option C is correct.
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