The minimum required annual saving in labor to achieve a 12% return on investment is approximately $7,795.
To determine the minimum required annual saving in labor without using Excel, we need to calculate the Present Worth (PW) of the investment and the Present Worth of the savings.
1. Calculate the Present Worth (PW) of the investment:
PW = Initial Cost - Salvage Value / (1 + Interest Rate)^Years
PW = $65,000 - $5,000 / (1 + 0.12)^6
PW = $65,000 - $5,000 / (1.973)
PW = $60,000 / 1.973
PW ≈ $30,383
2. Calculate the Present Worth of the savings (A):
To get a 12% return on investment, the PW of savings should be equal to the PW of the investment:
A(P/A, 12%, 6) = $30,383
The Present Worth of Savings Factor (P/A) can be found using the following formula:
P/A = ((1 + Interest Rate)^Years - 1) / (Interest Rate * (1 + Interest Rate)^Years)
P/A = ((1 + 0.12)^6 - 1) / (0.12 * (1 + 0.12)^6)
P/A ≈ 3.895
3. Calculate the minimum required annual saving in labor (A):
A = $30,383 / 3.895
A ≈ $7,795
The minimum required annual saving in labor to achieve a 12% return on investment is approximately $7,795.
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What are 3 different checking accounts?
Checking Account, Savings Account, Money Market Deposit Account are three different checking accounts.
What is a Savings Account?The savings account is a type of bank account which generates interest deposits at bank or any other financial institution.
Although these accounts pay very little interest, their dependability and security make them a perfect choice for saving money for unexpected expenses.
Savings accounts are excellent for creating an emergency fund, saving for an immediate necessity, such as a car or vacation, or just putting extra money you don't need into your checking account so it can earn more interest.
Savings accounts offer amazing flexibility. The frequency of withdrawals from a savings account is subject to various restrictions, but overall, they offer excellent flexibility.
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On Dec 31, 2020 ABC Corp ved 4 year 7% bonds with $3,000,000 as par value ABC Corp received $3.360,000 in cash. The band interest is paid semannually on June 35 and December 31 every year Compute the foot Total bonds premium. Interest paid in cash semiannually. The Semiannual amortization amount of the bond premium. Total bonds interest expense over the 4 years.
The total bond premium is $360,000. To calculate the bond premium, we need to find the difference between the cash received and the par value of the bonds.
In this case, ABC Corp received $3,360,000 in cash for the 4-year 7% bonds with a par value of $3,000,000.
The bond premium is the excess amount received over the par value, which is $3,360,000 - $3,000,000 = $360,000.
The interest on the bonds is paid semiannually on June 30 and December 31 every year. The interest expense is calculated using the effective interest rate method. Since the bonds have a 7% interest rate, the semiannual cash interest payment would be ($3,000,000 * 7%) / 2 = $105,000.
To amortize the bond premium, we divide the total premium by the number of periods (8 semiannual periods over 4 years). The semiannual amortization amount of the bond premium would be $360,000 / 8 = $45,000.
Total bond interest expense over the 4 years is calculated by multiplying the semiannual interest payment by the number of periods (8) which is $105,000 * 8 = $840,000.
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The following transactions for the month of March have been journalized and posted to the proper accounts. Mar. 1 The business received $8,000 cash and issued common stock to stockholders. Mar. 2 Paid the first month's rent of $800. Mar. 3 Purchased equipment by paying $3,000 cash and executing a note payable for $8,000. Mar. 4 Purchased office supplies for $730 cash. Mar. 5 Billed a client for $9,000 of design services completed. Mar. 6 Received $7,500 on account for the services previously recorded. What is the balance in Cash on March 6? A. $10,970 B. $13,970 C. $11,770 D. $12,500
The balance in Cash on March 6 is $12,500.
This is the amount of cash received on account subtracted from the total amount of cash received and paid out in the previous transactions.
According to the question, the following transactions occurred in the month of March:
Mar. 1 The business received $8,000 cash and issued common stock to stockholders.
Mar. 2 Paid the first month's rent of $800.
Mar. 3 Purchased equipment by paying $3,000 cash and executing a note payable for $8,000.
Mar. 4 Purchased office supplies for $730 cash.
Mar. 5 Billed a client for $9,000 of design services completed.
Mar. 6 Received $7,500 on account for the services previously recorded.
To determine the balance in Cash on March 6, we need to subtract the cash paid out from the cash received.
On March 1, the business received $8,000 in cash and issued common stock to stockholders.
On March 3, the business purchased equipment by paying $3,000 in cash and executing a note payable for $8,000. On March 4, the business purchased office supplies for $730 in cash.
Therefore, the total cash received in the month of March is $8,000 + $3,000 = $11,000. The total cash paid out in the month of March is $800 + $730 = $1,530. Thus, the balance in Cash on March 6 is $11,000 - $1,530 + $7,500 = $12,500.
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If your building a 10,000 sq ft restaurant how much woult the utilities cost each month if your in san antonio, texas. please do your research to find out how much gas, electric, water, trash and internet would cost.
Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All of Halifax's sales are for credit (no cash is collected at the time of sale). The company began 2021 with a refund liability of $380,000. During 2021, Halifax sold merchandise on account for $12,300,000. Halifax's merchandise costs it 70% of merchandise selling price. Also during the year, customers returned $603,000 in sales for credit, with $333,000 of those being returns of merchandise sold prior to 2021, and the rest being merchandise sold during 2021. Sales returns, estimated to be 5% of sales, are recorded as an adjusting entry at the end of the year. Required: 1. Prepare entries to (a) record actual returns in 2021 of merchandise that was sold prior to 2021; (b) record actual returns in 2021 of merchandise that was sold during 2021; and (c) adjust the refund liability to its appropriate balance at year end. 2. What is the amount of the year-end refund liability after the adjusting entry is recorded?
1. Record the actual sales return of merchandise sold prior to 2021.
2. Record the cost of merchandise returned for goods sold prior to 2021.
3. Record the actual sales return of merchandise sold during 2021.
4. Record the cost of merchandise returned for goods sold during 2021.
5. Record the year-end adjusting entry for estimated returns.
6. Record the adjusting entry for the estimated return of merchandise to inventory.
The amount of the year-end refund liability after the adjusting entry is recorded is $928,500.
Record the actual sales return of merchandise sold prior to 2021:
Date Account Debit Credit
[Date] Sales Returns $333,000
Accounts Receivable $333,000
Record the cost of merchandise returned for goods sold prior to 2021:
Date Account Debit Credit
[Date] Cost of Goods Sold $233,100
Inventory $233,100
Record the actual sales return of merchandise sold during 2021:
Date Account Debit Credit
[Date] Sales Returns $270,000
Accounts Receivable $270,000
Record the cost of merchandise returned for goods sold during 2021:
Date Account Debit Credit
[Date] Cost of Goods Sold $189,000
Inventory $189,000
Record the year-end adjusting entry for estimated returns:
Date Account Debit Credit
[Date] Sales Returns $615,000
Estimated Refunds Liability $615,000
Record the adjusting entry for the estimated return of merchandise to inventory:
Date Account Debit Credit
[Date] Inventory $427,500
Estimated Refunds Liability $427,500
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Mangroves and coral reefs are examples of ________ in the ocean.
Answer: I hope this is helpful
Explanation:
Sea is the answer because it shows that what apart of I think this is the answer
Mangroves and coral reefs are examples of marine ecosystem in the ocean.
What is an ecosystem?An ecosystem is a group or community of living organisms with the non-living components and their interaction with each other and the surrounding environment.
An ecosystem is a structural and functional unit of ecology where the living organisms interact with each other and their surrounding environment.
The structure of an ecosystem is characterized by the organization or interaction of both biotic and abiotic components. It includes the distribution of energy in the environment and also the climatic conditions prevailing in that particular environment.
Like mangroves and coral reefs are examples of marine ecosystem in the ocean.
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Which two events do you think are the most important in the history of journalism? Explain your answer.
How would the news be different if it depended on older methods, such as town criers or notices?
Why is Ida B. Wells an important figure in the history of journalism? What aspect of her careers set her apart for other journalists of her era?
In many ways, the format of the news has changed quite a bit. In other ways, it has always had many of the same features. Describe one difference and one similarity in significant changes in the news industry in the past century.
When radio was first emerged, newspapers sought to limit its influence because it did not want the competition. Today, traditional news outlets are facing competition from a variety of online sources. Do you think that these new outlets will be able to limit online news like newspaper did to radio in the 1930s? Explain your answer.
Maintaining the integrity of the field of journalism by upholding moral principles like objectivity, truthfulness, and fairness is crucial. For journalism to retain its credibility and the public's trust, it must put the facts first and refrain from sensationalism or bias.
In order for citizens to make the best decisions for their lives, communities, societies, and governments, journalism must therefore give them the knowledge they need. The truth is the most significant factor in journalism.
Journalists should make an effort to provide context and perspective for their reports as well as accurate and timely information. This requires them to conduct in-depth research, speak with dependable sources, check the accuracy of the data, and make sure all facts are backed up by proof.
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is it fine to work on improving up to four EQ skills at a time?
Answer:
In order to build EQ—and become emotionally healthy—you must reconnect to your core emotions, accept them, and become comfortable with them. You can achieve this through the practice of mindfulness. Mindfulness is the practice of purposely focusing your attention on the present moment—and without judgment.
When considering your financial situation, you should consider ———
A. Long-term goals
B. Short-term goals
C. Medium-term goals
D. All of the above
Answer:
C. Medium-term goals. pls mark me branilest pls
what is the formula for total depreciation
Answer:
annual depreciation = (purchase price - salvage value) / useful life.
Andrew Jackson primarily supported the rights of
.
In this passage, Jackson calls for the removal of tribes from
.
He also demonstrates his
the American Indian way of life.
Answer:
1. White settlers
2.Mississipi and Alabama
3.Disaproval of
Explanation: i just did it on edg
[A speedy removal] will relieve the whole State of Mississippi and the western part of Alabama of Indian occupancy, and enable those States to advance rapidly in population, wealth, and power. It will separate the Indians from immediate contact with settlements of whites; free them from the power of the States; enable them to pursue happiness in their own way and under their own rude institutions; will [slow down] the progress of decay, which is lessening their numbers, and perhaps cause them gradually, under the protection of the Government and through the influence of good counsels, to cast off their savage habits and become an interesting, civilized, and Christian community.Like most politicians of the early 19th century, President Andrew Jackson believed that the rights of independent white farmers should take priority over the rights of American Indians. Furthermore, the country’s population was growing, and Jackson knew that white settlers would probably move onto American Indian lands no matter what treaties were signed. As this would likely lead to conflict, Jackson thought it was in American Indians’ best interests to move west.
In this speech, Jackson addresses Congress on the subject of American Indian removal.
Answer:
Andrew Jackson primarily supported the rights of ✔ white settlers.
In this passage, Jackson calls for the removal of tribes from ✔ Mississippi and Alabama.
He also demonstrates his ✔ disapproval of the American Indian way of life.
Explanation:
1) white settlers
2) Mississippi and Alabama
3) disapproval of
A monopolist's profit maximisation model: O a. Can be solved using either the price or the quankaly supplied as control variables, and both methods will produce identical numerical results. O b. Can only be solved using the quantity supplied as a control variable, and using the price as control variable would produce different numerical results that are not economically meaningful. OC is usually solved using the quantity supplied as a control variable, and using the price as control variable would produce different numerical results that are appropriate for describing markets in which the monopolist fixes the price rather than the quantity supplied. Od None of the above.
C). Is usually solved using the quantity supplied as a control variable, and using the price as a control variable would produce different numerical results that are appropriate for describing markets in which the monopolist fixes the price rather than the quantity supplied.
The monopolist's profit maximisation model is based on the premise that the firm seeks to maximise profits by setting the output level at which marginal revenue equals marginal cost. This can be achieved by either setting the price or the quantity supplied as the control variable. However, in most cases, the monopolist chooses to fix the quantity supplied and let the price adjust accordingly.
This is because in a monopolistic market, the firm has the power to set the price at a level that maximises profits. Using the price as the control variable in this scenario would produce different numerical results that may not be economically meaningful. A monopolist's profit maximisation model.
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w How does a training change a traditional profession into a modem profession? Discuss in the class.
Answer:
when one gains training he/she likes to do some works which gains much profit .he /she leaves the works which they worked for first time.
Q 9.22: Aledo Manufacturing utilizes a calendar year as its fiscal year and depreciates plant assets using the straight-line method. On January 2nd, 2017, the company purchased a semi-truck for $215,000 with a useful life of ten years and an estimated salvage value of $23,000. On January 1st, 2022, the company decides to extend the useful life to twelve years while decreasing the estimated salvage value to $21,000. What amount will Aledo report as depreciation expense for the year ended December 31st, 2022
Answer:
$3,000
Explanation:
The depreciation expense for the year ended December 31st, 2022 is $3,000
Discuss the relationship between trade and management
Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties. Trade can take place within an economy between producers and consumers. International trade allows countries to expand markets for both goods and services that otherwise may not have been available. It is the reason why an American consumer can pick between a Japanese, German, or American car. As a result of international trade, the market contains greater competition and therefore, more competitive prices, which brings a cheaper product home to the consumer.
a contract of is one that the courts will not enforce because of the strong public policy underlying such contract. multiple choice adhesion illegality unconscionability apprehension
The correct option is A, a adhesion contract of is one that the courts will not enforce because of the strong public policy underlying such contract.
Adhesion contract refers to a type of agreement that is imposed upon one party by another party in a dominant position. The terms and conditions of the contract are pre-written and cannot be negotiated, leaving the weaker party to either accept or reject the agreement as a whole. Adhesion contracts are commonly used in the insurance, rental, and consumer goods industries, and include terms such as standard boilerplate language and fine print.
These types of contracts are often seen as unfair because the dominant party has complete control over the terms and conditions, leaving the weaker party with limited bargaining power. This is particularly true in situations where the weaker party may not fully understand the terms and conditions of the agreement or may feel pressured to sign the contract due to time constraints or other factors.
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What do I need to do to build a solid credit history and how can I maintain it?
Answer:
Explanation:
Only Borrow What You Can Afford.
Use Only a Small Amount of the Credit You Have Available.
Start With Only One Credit Card.
Pay Your Credit Card Balance in Full.
Make All Your Payments on Time.
If You Carry a Balance, Do It the Right Way.
Which policy covers an organization against losses which might arise as a result of debtors failure to pay their debts
Answer:
A credit insurance policy covers an organization against losses that might arise as a result of debtors failing to pay their debts. Credit insurance is designed to protect a business against the risk of nonpayment by its customers or clients. It can cover a wide range of risks, including commercial and political risks, and can be customized to meet the specific needs of an organization. Credit insurance can be an important tool for businesses that rely on credit to fund their operations or that have a large number of customer accounts. It can help to mitigate the financial impact of unpaid debts and reduce the risk of financial losses for the business.
In American Society, which of these is an example of a want?
O food
O shoes
O video games
O utility bills
Answer:
c
Explanation:
video games just didthe test
Which career pathway is expected to have a growth rate that is average or below?
O Film Editing
O Visual Arts
O Telecommunications
O Television Announcing
Answer:
Telecommunications
Explanation:
The answer is telecommunications.
What is Telecommunication?
Telecommunication is the transmission of information by various types of technologies over the wire, radio, optical, or other electromagnetic systems.
What is the purpose of telecommunication?The purpose of a telecommunication system is to exchange information among users of the system. This information exchange can take place in a variety of ways, for example, multiparty voice communications, television, electronic mail, and electronic message exchange.
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You have decided to form a study group for your Study Skills class. How should you decide who will be in the group?
Answer:
figure out who has the skilles needed to join
Explanation:
when you are in a study group you have to have a set of skilles that benefit others and some other ways, the way to do this is print out aplications and have them fill out what they can contribute and when they get turned in read them.
Answer:
when you are in a study group you have to have a set of skilles that benefit others and some other ways, the way to do this is print out aplications and have them fill out what they can contribute and when they get turned in read them.
Work Scope consists of:
a. Cost, performance, and design
b. Schedule, cost, and quality
c. Schedule, cost, and performance
d. Performance, marketing, and design
e. Sales, marketing, and cost
Work scope consists of Schedule, cost, and performance. Option c is correct.
Work scope is a critical aspect of project management that outlines the boundaries of a project and determines the work that needs to be done. It comprises a comprehensive definition of all the work that is required to complete a project successfully. A well-defined work scope is necessary for project success, and it should be documented and agreed upon by all project stakeholders.
The work scope defines the project deliverables and outlines the resources, time, and cost required to complete them. It helps the project manager to plan and manage the project effectively, ensuring that it is completed on time, within budget, and to the required quality standards. Therefore, the three key elements of work scope are schedule, cost, and performance.
Schedule refers to the timeline of the project, including milestones, deadlines, and delivery dates. It is crucial to ensure that the project is completed on time, and any delays are identified and addressed promptly.
Cost refers to the budget allocated for the project and the resources required to complete it. A well-defined work scope helps to manage costs and ensure that the project is completed within the allocated budget.
Performance refers to the quality of work produced, including the output, outcome, and overall success of the project. It ensures that the project meets the expectations of the stakeholders and delivers the desired results.
In summary, work scope consists of schedule, cost, and performance, and these elements are critical to the success of any project.
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Explain what Public Relations is?
Cite as much information as you can.
Explain what a Public Relations Manager does?
Cite as much information as you can.
Why would public figures (such as celebrities, politicians, professional athletes, etc) need a Public Relations Manager?
Cite as much information as you can.
How much money do PR Managers make?
What type of training or schooling do PR Managers need?
Public relations is the management and dissemination of information from a person or an organisation to the public with the goal of altering their view. Public relations is internally managed in contrast to publicity, which is unmanaged and supported by outside sources.
What is Public Relations?
Public relations is the process of gathering and disseminating information to the general public in an effort to alter public perceptions of an individual or an organisation. Publicity differs from public relations in that it is created by outside sources and is not subject to internal control.
Hence, Public relations experts work to improve and maintain the public's favourable view of a company or organisation. They offer press releases and material for social media that improves brand recognition and changes the public's impression of the company or organisation. A savvy public relations specialist is engaged in the world and keeps up with news in the industries of their clients as well as current events, trends, and developments in our own "industry," which includes being aware of the effects of social media. Both bringing the outside in and bringing the inside out are PR's responsibilities.
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Joann wants to insert page numbers at the bottom of the pages of her document using the Field option in Quick Parts. Which options in the Field dialog box does she click to accomplish this task? Check all that apply. Footer under the All category Header under the Page category Page under the Numbering category PageNum under the Document Automation category NumPages under the Document Information category
Answer:
C and E
Explanation:
Edge 2020
Answer: C. Page under the Numbering category
E. NumPages under the Document Information category
Explanation:
Hope this helps!!
which of the following is not a product cost under variable costing?
10. All items are provided under one roof in
retailing.
Match the term with the correct definition.
Democracy:
Aristocracy:
Oligarchy:
Kleptocracy:
Gynecocracy:
Autocracy:
A state where politicians and government employees steal a significant amount of the wealth of the nation because corruption has become so institutionalized.
government signifies "rule by the trivial few" 2.Based on their military might, family power, or religious authority, very few people hold all power.3.It is not uncommon for oligarchies to originate from or lead to other types of government, such as monarchies and dictatorships.
How does direct democracy work?
Direct majority rules system, in some cases called "unadulterated majority rules system," is a type of a vote based system in which all regulations and strategies forced by still up in the air by individuals themselves, as opposed to by delegates who are chosen by individuals.
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3. Which website did you use to find the image you used in your career presentation? Complete sentences are not necessary. (2.0 points)
Needed ASAP
The best kind of image to use for career presentation if you don't want to buy one is a Royalty-Free or Free License image.
How can you find Royalty-Free Images?In order to find and download Royalty-Free Images, you will need to run an internet search using the keyword "Royalty-Free Images" or "License-Free Images".
An image is a Royalty-Free Image if you are not required to pay before downloading it.
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Bob’s Bistro produces party-sized hoagie sandwiches. For next year, Bob’s Bistro predicts that 50,000 units will be produced with the following total costs:
Direct materials $200,000
Direct labor 100,000
Variable overhead 60,000
Fixed overhead 260,000
Required:
If required, round your answers to the nearest cent.
1. Calculate the prime cost per unit.
$fill in the blank 1 per unit
2. Calculate the conversion cost per unit.
$fill in the blank 2 per unit
3. Calculate the total variable cost per unit.
$fill in the blank 3 per unit
4. Calculate the total product (manufacturing) cost per unit.
$fill in the blank 4 per unit
5. What if the number of units decreased to 40,000 and all unit variable costs stayed the same? indicate the impact on the following costs.
a. Total direct materials decreases by 20%
b. Total direct labor decreases by 20%
c. Total variable overhead decreases by 20%
d. Total fixed overhead does not change no change
e. Unit prime cost decreases by 20%
f. Unit conversion cost decreases by less than 20%
What would the product cost per unit be in this case?
1. The calculation of the prime cost per unit for Bob’s Bistro is $6 ($300,000/50,000).
2. The calculation of the conversion cost per unit for Bob’s Bistro is $7.20 ($360,000/50,000).
3. The calculation of the total variable cost per unit for Bob’s Bistro is $ $7.20 ($360,000/50,000).
4. The calculation of the total product (manufacturing) cost per unit $12.40 ($620,000/50,000).
5. The impact of the following considerations if the production units decrease to 40,000 units is as follows:
a. The total direct materials decreases by 20% to $160,000 (40,000 x $4).
b. The total direct labor decreases by 20% to $80,000 (40,000 x $2).
c. The total variable overhead decreases by 20% to $48,000 (40,000 x $1.20)
d. The total fixed overhead remains at $260,000.
e. The unit prime cost decreases by 20% to $4.80 ($6 x 80%).
f. The unit conversion conversion decreases by less than 20%.
Then, the product cost per unit would be $12.50 (40,000 x $4.80 + $48,000 + $260,000)/40,000.
What are the costs of production?The costs of production are the costs involved in the manufacture of goods.
The costs of production include the costs of materials, labor, and overhead (both variable and fixed).
Data and Calculations:Production units next year = 50,000 units
Cost information: Total Unit
Direct materials $200,000 $4 ($200,000/50,000)
Direct labor 100,000 $2 ($100,000/50,000)
Variable overhead 60,000 $1.20 ($60000/50,000)
Total variable costs = $360,000 $7.20 ($360,000/50,000)
Fixed overhead 260,000
Total production costs = $620,000
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Give a Brief history from subsistence economy to money economy.
Please Help ASAP. Please
Answer:
Explantation to the following question is as follows;
Explanation:
A subsistence economy frequently engages in artisans fisheries, labor-intensive agriculture, and animal grazing. Handmade, basic tools and traditional procedures are used in each of these undertakings. The absence of excess is another feature of subsistence economies.
Money is an economic entity that serves as a universally accepted means of trade in a transactional economy. Money performs the function of lowering transaction costs, namely the twofold coincidence of desires.