Answer:
b) credit of $520,000 to Bonds Payable
Explanation:
Date Accounts titles and explanation Debit Credit
Oct. 1 Cash $520,000
Premium on bonds payable $20,000
Bonds payable $500,000
(To record the issuance of bond at premium)
Juniper Design Limited of Manchester, England, is a company specializing in providing design services to residential developers. Last year the company had net operating income of $420,000 on sales of $1,500,000. The company’s average operating assets for the year were $1,700,000 and its minimum required rate of return was 15%.
Required:
Compute the company’s residual income for the year.
Answer: 165,000
Explanation:
To compute the company’s residual income for the year, we can use the formula:
Residual Income = Net Operating Income – (Minimum Required Rate of Return x Average Operating Assets)
Given: Net Operating Income = $420,000 sales = $1,500,000
Average Operating Assets = $1,700,000
Minimum Required Rate of Return = 15% = 0.15
Residual Income = Net Operating Income – (Minimum Required Rate of Return x Average Operating Assets)
Residual Income = $420,000 – (0.15 x $1,700,000)
Residual Income = $420,000 – $255,000
Residual Income = $165,000
Therefore, the company’s residual income for the year was $165,000.
How can VietNam attract foreign investments into transportation infrastructure??
How does Vietnam attract foreign investment?
Another evidence to prove Vietnam's economic openness is that Vietnam has been participating in many bilateral and multilateral free trade agreements with many countries and regions to attract foreign investment into Vietnam such as the bilateral trade agreements with the US, Korea, Japan, ASEAN Economic Community
Why Vietnam is an attractive destination for foreign investment?
Some are due to its political stability, steady economic growth, abundant workforce, vast market, increasing per capita income, extensive international integration, competitive incentives, and geographic location in the heart of Southeast Asia, Vietnam has been regarded as a bright spot in ASEAN by investors
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In the circular flow diagram with government, what does the government provide directly to firms?
A. expenditures
B. factors of production
C. taxes
D. goods and services
In the circular flow diagram, the government provides goods and services directly to firms. The correct option is D.
In the circular flow diagram, the government provides goods and services directly to firms. This is represented by the flow of resources from the government sector to the business sector.
The government plays a significant role in the economy by providing public goods and services that are necessary for the functioning of the society as a whole.
Public goods include infrastructure projects like roads, bridges, and public utilities, as well as services such as defense, law enforcement, and education.
These goods and services are not typically provided by private firms, so the government steps in to ensure their provision.
By supplying goods and services directly to firms, the government facilitates the production process and supports the overall functioning of the economy.
This enables businesses to operate efficiently and effectively, contributing to economic growth and development.
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Question 5 of 10
Which of the following best describes the advantage of living in a suburban
area?
OA. Suburbs give people access to city jobs along with more living
space.
B. Suburbs have the widest availability of low-cost housing of any
living area.
C. Suburbs have the lowest population density of any living area.
D. Suburbs give people easy access to cultural attractions and high-
paying jobs.
SUBMIT
The statement that best describes the advantage of living in a suburban
area is: A. Suburbs give people access to city jobs along with more living space.
What is Suburban areas?Suburban areas can be defined as the area that is located at the outskirt of a city or urban area.
The advantage of living in a suburban area is that it enables your to have access to job in urban area and it as well gives your enough living space due to the large metropolitan area.
Therefore the correct option is A. Suburbs give people access to city jobs along with more living space.
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Answer:Suburbs give people access to city jobs along with more living space.
Explanation:
Which are 2 open issues that you can view from the Transaction review tab?
Undeposited funds
Unapplied payments
Transactions posted to the wrong period
Reclassified transactions
Transactions without dates
The two open issues that can be viewed from the Transaction review tab are Undeposited funds and Unapplied payments.
What is undeposited funds?Undeposited funds refer to payments that have been received but have not yet been deposited into your bank account. This could happen if someone pays you with a check, but you haven't had a chance to go to the bank yet. Keeping track of undeposited funds is important because it helps you to accurately reconcile your accounts and ensure that you don't accidentally record the same transaction twice.
What is unapplied payment?Unapplied payments, on the other hand, refer to payments that have been received but haven't been applied to a specific invoice or customer account. This could happen if you receive a partial payment from a customer and haven't yet allocated it to a specific invoice, or if you receive a payment and aren't sure which customer account it belongs to. Keeping track of unapplied payments is important because it helps you to ensure that you're accurately tracking your accounts receivable and that you're not missing any payments.
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Low return investments are sometimes a better option than high return investments because :
Answer:
D.) They are less likely to cause the investor to lose money.
Explanation:
Its on ApX
Answer:
Low return investments are sometimes a better option than high return investments because :
Answer:
D.) They are less likely to cause the investor to lose money.
Explanation:
The above assertion depends on the risk appetite of the investor concerned. Another investor with high risk profile may prefer a high risk, high return investment to a low return investment. Risk cannot be removed from the return of an investment because there is a trade-off. The higher the risk involved in an investment, the higher the expected returns. The converse is also true. What decides the chosen option is the investor's risk appetite and the availability and type of investments.
Answer: They are less likely to cause the investor to lose money.
Explanation:
Question Content AreaThe amount of increase or decrease in revenue that is expected from a particular course of action as compared with an alternative is a.differential revenue b.manufacturing margin c.differential cost d.contribution margin
A differential revenue means the amount of increase/decrease in revenue expected from a particular course of action as compared with an alternative.
What is a differential revenue?A differential revenue refers to the difference in sales that will be generated by two different courses of action
Hence, this revenue are expected from a particular course of action as compared with an alternative.
Therefore, the Option A is correct.
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performance.
Below is the information relating to production and sale of the
threeproducts for the year ending 31 December 2019:
Particulars
Krollers
Bags
Output sold (000)
Unit sales and costs
Selling price
Direct materials
Direct labour
Fixed production costs
Selling and distribution
Costs
Layers
Bags
1,200
Shs
1,050
Shs
Broilers
Bags
1,300
Shs
200,000 185,000 180,000
90,000 100,000
60,000 50,000
28,000 24,000
7,000 7,000
80,000
45,000
30,000
7,000
Administrative costs
5,000 5,000
6,000
Management accountant further advised that shutting down the
production line of feed concentrate for Kroilers will save 20% of the
total annual fixed costs.
Required:
Advise SIL's management, on whether the production line of
feed concentrate for Kroilers should be shut down.
(9 marks)
Based on the information provided, I recommend that SIL does not shut down the production line of feed concentrate for Kroilers
How to explain the informationThe decision to shut down a production line is a complex one that should be made on a case-by-case basis.
In the case of SIL, the management accountant has advised that shutting down the production line of feed concentrate for Kroilers will save 20% of the total annual fixed costs. This would result in a net profit increase of Shs. 2,800,000 (20% of 28,000,000). However, there are a number of other factors that need to be considered.
Based on the information provided, I recommend that SIL does not shut down the production line of feed concentrate for Kroilers. The financial benefits of the closure would be offset by the costs of job losses, lost sales, and damage to the company's reputation. The company should explore other options, such as finding a way to reduce costs without closing the production line.
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Which of the following is the most relevant example of value in use pricing? A special replacement part is worth becuase: it cost much more to make or the price is more elastic or its maker has more famous brand or it results in reduce maintenance cost?
Answer:
I think 1 option is right answer
A technique for pricing in which an effort is made to capture a portion of the savings that a customer would experience by purchasing a company's goods. Thus, option A is correct.
What is the value in use pricing?Value pricing refers to the practice of businesses setting prices based on what consumers think a product is worth. Commoditized products are not well suited for value pricing.
Thus, the price that consumers are prepared to pay for a product can rise as a result of the addition of value. A value-added feature might be giving a new computer a year's worth of complimentary tech help.
Additionally, people can add value to the services they provide by entering the profession with advanced skills.
Therefore, the farmer could make more money by erecting commercial or residential structures on the property, the value-in-use of farmland in an urban area may be significantly lower than its highest and best use.
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a company that has been in business for 10 years is a
Answer:
is still considered a startup after 10 year of existance
Explanation:
What actions where required by GMC company to do business in in other countries?
GMC Company was obliged to take certain steps in order to conduct business in other nations. It is typical for businesses to take a number of steps in order to grow their business.
As well as carrying out market research to discover possible possibilities and difficulties, forming alliances with nearby companies, abiding by local rules and regulations, acquiring required permits and licenses, and customizing their goods and services to suit regional preferences.
Businesses may also need to take into account logistical difficulties like shipping and transportation as well as linguistic and cultural variations. It is crucial for companies to have a thorough strategy for conducting business abroad as well as a firm understanding of the local market.
As a result, the significance of the actions were required by GMC company to do business in other countries are the aforementioned.
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The national average interest rate for Savings Account is 0.13%. Calculate the time it will take to you double your money based up on the following scenarios: ● You’re getting a 0.05% interest rate and currently have $1,000 in your account. ● You’re getting 0.49% interest rate and currently have $40,000 in your account. ● You’re getting 0.8% interest rate and currently have $500 in your account.
Answer:
1) 1387 Years
2) 142 Years
3) 87 Years
Explanation:
what will cause demand to change?
pls help with business (extra points)
Answer:
The easiest business to start is a service business, especially for a beginner. A service business is any kind of business where you sell services. In other words, you sell your skill, labor or expertise — instead of products or goods
Explanation:The easiest business to start is a service business, especially for a beginner. A service business is any kind of business where you sell services. In other words, you sell your skill, labor or expertise — instead of products or goods
if price is currently between average variable cost and average total cost, then in the short run a perfectly competitive firm should:
If price is currently between average variable cost and average total cost, then in the short run a perfectly competitive firm should:Continue to run to minimize losses
What is average variable cost and average total cost?Average variable cost (AVC) can be described as the variable costs divided by the total quantity of output produced.
It should eb noted that the Average total cost (ATC) sevres as the total cost divided by the total quantity of output produced hence the Marginal can be seen as additional cost incurred by producing one additional unit of output, .
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What are the reasons of marketing for Air Jordans shoes??
Answer:
to better their brand recognition and better their market shares through embracing social media and customer interactions.
Explanation:
Four Corners Delivery Company acquired an adjacent lot to construct a new warehouse, paying $40,000 and giving a short-term note for $240,000. Legal fees paid were $2,310, delinquent taxes assumed were $11,800, and fees paid to remove an old building from the land were $17,000. Materials salvaged from the demolition of the building were sold for $4,200. A contractor was paid $851,200 to construct a new warehouse. Determine the cost of the land to be reported on the balance sheet.
Answer:
$306,910
Explanation:
the cost of the land includes:
cash payment $40,000 short term note $240,000 legal fees $2,310delinquent taxes assumed $11,800demolition fees $17,000- salvaged materials sold ($4,200)total $306,910
The cost of the construction must be recorded under buildings (warehouse) since it is a depreciable asset.
What contingency factors might affect the
planning a business managers have to
do?
The contingency factors that might affect the planning a business managers have to do includes:
Environmental Uncertainty.Organizational Level.Time limit.What is a contingency factor?It refers to the provision that the cost estimator makes to cover the unforeseeable expenses that the project may incur. Such expenses may result from factors such as unpredictable weather conditions, uncertainties within the project, incomplete design plans
In conclusion, the amount to be allotted for each contingency factor depends on the amount of detail in the project's design as well as its level of uncertainty.
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HELP!!
In what type of economy does the government decide whether houses or apartments will be built?
traditional
Command
Mixed
Market
Answer:
it's a command market :)
California residents are allowed a credit for net income taxes paid to another State on income also subject to the California income tax. However, the credit is not allowed for which of the following reasons?
The reason this credit is not allowed is because: A. If the other state allows California residents a credit for net income taxes paid to California
The types of tax.
In Economics, there are different types of tax and these include the following:
Gift taxExcise taxAlcohol taxIncome taxEstate taxEmployment taxNet income taxWhat is net income tax?Net income tax can be defined as a type of tax which grants either deductions or exemptions from an employee's gross income. Additionally, a net income tax is a system of taxation which is designed and developed to assess taxes on the basis of gross income, gross dividends or gross receipts.
In conclusion, it is a fact that any form of deductions or exemptions that doesn't qualify for a credit is not considered as a net income tax in California and every other part of the world.
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Complete Question:
California residents are allowed a credit for net income taxes paid to another State on income also subject to the California income tax. However, the credit is not allowed for which of the following reasons?
A. If the other state allows California residents a credit for net income taxes paid to California
B. If the income taxed by the other state has a source within the other state under California law
C. If such states do not allow their residents a credit for net income taxes paid to California
D. The amount of the credit is greater than the same proportion of the total California tax as the income taxed by both states bears to the total income taxed by California
When travelling to remote locations, it is often helpful to bring cash, in case you want to buy something from someone who does not accept credit or debit cards.
a. True
b. False
define investment bank.
Answer:
a bank that purchases large holdings of newly issued shares and resells them to investors.
Kamal made a scale drawing of a house. The scale of the drawing was 7 inches : 3 feet. A rug in the hallway is 6 feet long in real life. How long is the rug in the drawing?
Answer:
14 inches
Explanation:
Given that :
Scale drawing ; 7 inches = 3 feets ;
This means that 7 inches on the drawing equals 3 feets in real life
With this, we can calculate the length of scale drawing for 1 feet long object.
7 inches = 3 feets
x = 1 feet
Cross multiply :
3x = 7
x = 7/3 inches
Therefore, for a 6 feet long rug in real life, the length of drawing will be :
1 Feet = 7/3 inches
6 feets = (7/3 * 6) inches
(7/3 * 6) = 42 / 3 = 14 inches
what is your analysis on walmart financial health as of january 2021 compare to 2022
Use the following information to compute the cost of direct materials used for the current year. (Assume no indirect materials.)
January 1 December 31
Inventories
Raw materials inventory $6,000 7,500
Work in process inventory 12,000 9,000
Finished goods inventory 8,500 5,500
Activity during the current year
Materials purchased $123,500
Direct labor 94,000
Factory overhead 39000
Answer:
$122,000
Explanation:
Computation for the cost of direct materials used for the current year.
COST OF DIRECT MATERIALS USED
January 1 Raw materials inventory $6,000
Add Materials purchased $123,500
Raw material available for production $129,500
($6,000+$123,500)
Less December 31 Raw material Inventory $7,500
Cost of direct materials used $122,000
($129,500-$7,500)
Therefore the cost of direct materials used for the current year is $122,000
What dose it mean to be fully human were interacting with others any virtual space like classroom why or why not
While interacting with others in a virtual space, to be fully human means for instance such as in a classroom, means having the qualities and characteristics inclusive to humanity, even though the medium of communication being virtual.
It involves identifying and embracing our shared humanity and engaging in meaningful connections with other people like friends family colleagues, even though miles apart and can only see by virtual screens.
Emotional connections, sharing knowledge, expression ,communication collaboration cooperation are the various forms. Therefore, virtual experiences though lack sensory and physical aspects of face-to-face interactions, they still provide a platform for human connection, learning, and growth.
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If
you are
using $50 to buy your groceries, which function of money is
this?
Answer:
Medium of Exchange
Explanation:
A medium of exchange is an instrument used as an intermediary to facilitate the exchange of goods and services. A good medium of exchange must give a fair valuation of the items being traded. Money is a widely accepted medium of exchange.
Almost all items in a market have a monetary value attached to them. A Buyer or seller would easily know the amount of money needed to trade an item. The $50 is being used as a medium of exchange for the purchase of groceries. The seller accepts the money if they agree with the buyer on the quantity of groceries worth $50.
Submit
A city is considering a plan to ease traffic congestion by offering to eliminate tolls on cars with 3 or more passengers in them. An
economic analysis is done on the plan. Which conclusion, if reached in this analysis, would weigh against adopting the plan?
A)
Reduced toll revenues would threaten public road maintenance budgets.
B)
Peak traffic times would be spread out over a larger portion of the day,
Typical travel speeds on the toll roads would increase 5% during rush
hours
D)
Average numbers of miles commuting would remain level, due to indirect
routes caused by carpooling
Answer:
A)
Reduced toll revenues would threaten public road maintenance budgets.
Explanation:
If cars will more than three people will not pay tall chargers, the city will collect fewer revenues from the toll stations as some cars will not pay. A significant decline in revenues that can affect road maintenance can influence the city to weigh against implementing that proposal.
Spreading the peak time traffic and increasing speeds is what the city hopes to achieve. The city would be happy if the average number of miles commuted remain the same. The only negative effect that could halt the implementation of the plan is reduced revenues.
Answer:A) reduce total revenues would threaten public road maintenance budgets.
Explanation:
What is the collection of direct, non-advertising messages a company presents to the public about itself, its brand, and its products? A. Sales promotions B. Market research C. Direct marketing D. Public relations Please select the best answer from the choices provided A B C D
Answer:
Is a D. Public relations
how can both stocks and bonds generate a positive return for investors
A. paying dividends
B. Paying Interest
C. Tax Deduction
D. Price Appreciation
A stock and bond can generate a positive return for investors by tax deduction.
What is a stock and a bond?
A bond is a debt instrument used by businesses to raise capital needed for business operations. Bondholders earn interest on the amount invested and at the maturity of the bond, they are paid back the amount invested.
A stock gives the holders ownership right in the company. Shareholders are paid dividends and when the value of the company appreciates, the wealth of shareholders increases.
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