Answer:
1.(Ratio analysis) is a quantitative method of gaining insight into a company's liquidity, operational efficiency, and profitability by studying its financial statements such as the balance sheet and income statement. (Horizontal)is the opposite of vertical. for eg:A man lying flat on the floor is the same as a man lying horizontally on the floor.The word (vertical)can also be used to describe the motion of objects.for eg:the motion of an apple falling from a tree, would be vertical motion.
2.because Ratios measure companies' operational efficiency, liquidity, stability and profitability, giving investors more relevant information than raw financial data. Investors and analysts can gain profitable advantages in the stock market by using the widely popular, and arguably indispensable, technique of ratio analysis.
Explanation:
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Robinson Crusoe can gather 10 coconuts or catch 1 fish per hour. His friend Friday can gather 30 coconuts or catch 2 fish per hour. What is Crusoe’s opportunity cost of catching 1 fish? What is Friday’s? Who has an absolute advantage in catching fish? Who has a comparative advantage in catching fish?
Answer:
Crusoe's opportunity cost of catching 1 fish is 10 coconuts, since he can either catch 1 fish or gather 10 coconuts in 1 hour. Friday's opportunity cost of catching 1 fish is 15 coconuts, since he can either catch 1 fish or gather 30 coconuts in 2 hours. Friday has an absolute advantage in catching fish, since he can catch twice as many fish as Crusoe in the same amount of time. However, Crusoe has a comparative advantage in catching fish, since his opportunity cost of catching 1 fish is lower than Friday's.
Explanation:
12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.
1. Paid Office Station Co. for part of the debt incurred on April 5, $1,200.
Debit: Accounts Payable - Office Station Co.$1,200
Credit: Cash $1,200
2. Provided services on account, $4,200.
Debit: Accounts Receivable $4,200
Credit: Service Revenue $4,200
To pay off the remaining balance owing to Office Station Co., a debit is sent to the accounts payable account. To account for the cash outflow, the Cash account is credited. This journal entry records the settlement of a portion of the debt incurred on April 5 with Office Station Co.
The acknowledgment of revenue for services rendered to a client on the account is represented by this journal entry. To reflect the increase in the amount due by the client, the Accounts Receivable account is debited.
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The complete question is probably
Write journal entries
12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.
Tableau DA 9-3: Mini-Case, Analyzing warranty liabilities LO P4
1. Looking at past years, does it appear that Arctica has usually underestimated or overestimated its warranty liabilities?
2. How would we suggest Arctica change its estimates of warranty liabilities in future periods?
3. Management tells us that Arctica plans to keep estimated warranty expense percentages to a minimum next year. Why might management want to keep these percentages low?
4. Alternatively, assume management informs us that Arctica had a great year and has very high net income. However, management is now concerned about high taxes, which are calculated as a percentage of net income. What might management try to do to lower Arctica’s taxes?
Question 1 Options:
a. Neither overestimated nor underestimated
b. Overestimated
c. Underestimated
Question 2 Options:
a. Decrease warranty estimate percentage
b. Increase warranty estimate percentage
c. Keep estimate percentages the same
d. No longer estimate warranty expenses
Question 3 Options:
a. To decrease net income to show a "smooth" earnings pattern
b. To increase management bonus that is based on net income.
c. To limit the amount of parts needing to be purchased.
d. To limit the number of warranty claims
Question 4 Options:
a. Decrease warranty estimate percentages
b. Increase warranty estimate percentages
c. Limit parts purchased for warranty claims
d. Limit the number of warranty claims
I got underestimated for the first question. I need help with the others. Much appreciated.
Answer:
Answer 2 - Increase Warranty estimate percentages
Answer 3 - To Increase management bonus that is based on net income
Answer 4 - Increase warranty Estimate percentages
Explanation:
Answer 2 - Total Warranty was above their estimate, if they increase the percentage they will be closer to the actual
Answer 3 - Bonus is based on net income, the higher the net income the better your bonus, you can change this based on the percentage you estimate.
Answer 4 - the more they spend the less taxes they will incur.
Share your ideas from the role of a key stakeholder who wants to settle the issue. Submit your ideas as a blog, a news report or other format of your choice.
Title: Bridging Divides: A Key Stakeholder's Path to Issue Resolution
Blog Post:
In today's increasingly interconnected world, conflicts and disputes have become a common occurrence. As a key stakeholder, it is essential to play a proactive role in settling such issues and fostering harmony. By promoting open dialogue, understanding, and collaboration, we can pave the way for sustainable resolutions that benefit all parties involved.
Firstly, it is crucial to establish a platform for communication and negotiation. This platform should encourage all stakeholders to express their concerns and perspectives openly, creating an environment of trust and respect. By actively listening to each other's viewpoints, we can gain valuable insights into the underlying causes of the issue and identify potential areas of compromise.
Secondly, building bridges requires empathy and a willingness to see beyond our own interests. By considering the needs and aspirations of all stakeholders, we can work towards finding mutually beneficial solutions. This involves exploring creative alternatives and seeking common ground that addresses the core concerns of each party.
Thirdly, fostering collaboration among stakeholders is key to overcoming barriers and finding lasting resolutions. By encouraging joint problem-solving efforts and facilitating partnerships, we can tap into the collective wisdom and resources of diverse groups. Collaboration also enhances ownership of the solutions, increasing the likelihood of successful implementation.
Lastly, it is important to promote ongoing dialogue and learning. Conflict resolution is a dynamic process, and it is essential to continuously assess the effectiveness of implemented solutions. By creating mechanisms for feedback and evaluation, we can refine our approaches and adapt to changing circumstances, ensuring the sustainability of the settlements achieved.
Resolving issues requires a long-term commitment from all stakeholders involved. As a key participant, we have a responsibility to foster an environment of understanding, collaboration, and empathy. By embracing these principles, we can bridge divides and forge a path towards harmonious coexistence and mutual prosperity.
News Report:
Headline: Stakeholder Engagement Drives Successful Resolution of Long-standing Conflict
Date: May 18, 2023
In an inspiring display of diplomacy and cooperation, key stakeholders have come together to settle a long-standing dispute that has plagued our community for years. Their unwavering commitment to dialogue and collaboration has paved the way for a sustainable resolution that promises to benefit all parties involved.
The conflict, which had deep-rooted historical and cultural undertones, threatened to undermine social cohesion and impede progress. However, through the proactive efforts of key stakeholders, a platform for open communication and negotiation was established, providing a safe space for all voices to be heard.
Emphasizing the importance of empathy and understanding, stakeholders actively listened to one another's concerns and perspectives. This empathetic approach enabled them to uncover the underlying causes of the issue and identify potential areas of compromise. By seeking common ground and exploring creative alternatives, they forged a path towards mutually beneficial solutions.
Central to this successful resolution was the fostering of collaboration among stakeholders. Recognizing the power of collective wisdom and resources, they engaged in joint problem-solving efforts and formed partnerships. This collaborative approach not only facilitated the identification of innovative solutions but also fostered a sense of ownership and commitment among all parties.
However, the settlement process did not end with the signing of agreements. The stakeholders have shown a steadfast commitment to ongoing dialogue and learning. They have implemented mechanisms for feedback and evaluation, allowing for continuous refinement and adaptation of the agreed-upon solutions.
As the community celebrates this milestone, it serves as a shining example of what can be achieved when key stakeholders embrace the principles of understanding, collaboration, and empathy. By bridging divides and forging a path towards harmonious coexistence, they have laid the foundation for a brighter, more prosperous future.
In conclusion, resolving complex issues requires the collective effort of key stakeholders who are willing to transcend differences and work towards a common goal. It is through their commitment to open
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Steve Reese is a well-known interior designer in Fort Worth, Texas. He wants to start his own business and convinces Rob O’Donnell, a local merchant, to contribute the capital to form a partnership. On January 1, 2016, O’Donnell invests a building worth $130,000 and equipment valued at $140,000 as well as $60,000 in cash. Although Reese makes no tangible contribution to the partnership, he will operate the business and be an equal partner in the beginning capital balances.
To entice O'Donnell to join this partnership, Reese draws up the following profit and loss agreement:
- O'Donnell will be credited annually with interest equal to 10 percent of the beginning capital balance for the year
- O'Donnell will also have added to his capital account 15 percent of partnership income each year (without regard for the preceding interest figure) or $7,000, whichever is larger. All remaining income is credited to Reese.
- Neither partner is allowed to withdraw funds from the partnership during 2013. Thereafter, each can draw $5,000 annually or 20 percent of the beginning capital balance for the year, whichever is larger.
The partnership reported a net loss of $8,000 during the first year of its operation. On January 1, 2014, Terri Dunn becomes a third partner in this business by contributing $10,000 cash to the partnership. Dunn receives a 20 percent share of the business's capital. The profit and loss agreement is altered as follows:
- O'Donnell is still entitled to (1) interest on his beginning capital balance as well as (2) the share of partnership income just specified.
- Any remaining profit or loss will be split on a 5:5 basis between Reese and Dunn, respectively.
Partnership income for 2014 is reported as $64,000. Each partner withdraws the full amount that is allowed. On January 1, 2015, Dunn becomes ill and sells her interest in the partnership (with the consent of the other two partners) to Judy Postner. Postner pays $75,000 directly to Dunn. Net income for 2015 is $64,000 with the partners again taking their full drawing allowance On January 1, 2016, Postner withdraws from the business for personal reasons. The articles of partnership state that any partner may leave the partnership at any time and is entitled to receive cash in an amount equal to the recorded capital balance at that time plus 10 percent
a. Prepare journal entries to record the preceding transactions on the assumption that the bonus (or no revaluation) method is used. Drawings need not be recorded, although the balances should be included in the closing entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest dollar amount.)
b. Prepare journal entries to record the previous transactions on the assumption that the goodwill (or revaluation) method is used. Drawings need not be recorded, although the balances should be included in the closing entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest dollar amount.)
Question 5 of 10
What role does Congress play in developing the federal budget?
A. Congress sends requests to the president for federal spending
priorities.
B. Congress sends different plans to state governments for their
approval.
C. Congress determines which federal spending programs will be
mandatory.
O D. Congress considers the president's budget proposal and votes on
a finalized budget.
Answer: D
Explanation:
The role that the congress play in developing the federal budget is that the Congress considers the president's budget proposal and votes on a finalized budget.
What is federal budget?The federal budget is a numbered plan for the United States' annual public expenditures.
It is used to pay for a variety of federal expenses, including distributing agricultural subsidies, paying federal personnel, and purchasing military equipment.
The duty of Congress in the development of the federal budget is to evaluate the president's budget proposal and vote on a finalized budget.
Therefore, option D is correct.
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1. Determine the estimated cost of the inventory of Celebrity Tan Co. on August 31 by the retail method, presenting details of the computations. For those boxes in which you must enter subtracted or negative numbers use a minus sign.
to retail price:
2a. Estimate the cost of the inventory of Ranchworks Co. on November 30 by the gross profit method, presenting details of the computations. For those boxes in which you must enter subtracted or negative numbers use a minus sign.
3. Assume that Ranchworks Co. took a physical inventory on November 30 and discovered that $369,750 of inventory was on hand. What was the estimated loss of inventory due to theft or damage during March through November?
1)We require the following details in order to calculate Celebrity Tan Co.'s expected cost of inventory on August 31 using the retail method:Beginning retail inventory is the value of the stock as of August 1.Retail net sales: total sales throughout the time.The proportion relating inventory costs to selling prices is known as the cost-to-retail ratio.
2) Using the gross profit approach, we require the following details to calculate Ranchworks Co.'s inventory cost on November 30:Start of inventory: Inventory's worth as of November 1st.Total period sales, or net sales. Gross profit ratio: The proportion of gross profit to net sales.
3)The following information is required in order to estimate the loss of inventory from theft or damage from March through November: the value of stock as of March 1 is the starting inventory. Inventory acquired throughout the time, totaled as purchases.Cost of goods sold: The cost of the inventory that was sold during the time period. Inventory value as of November 30th, referred to as the ending inventory.
The items and supplies that a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory (in American English) or stock.
The main focus of the discipline of inventory management is determining the location and form of stored products.
stock Prior to the regular and scheduled course of production and material stock
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Which of following is true about percentages
(GIVING BRAINLIEST AS SOON AS I CAN!!)
In her role as an administrative professional, Martina is learning about different types of business letters she might be asked to type. Which is MOST likely to be requested by her manager?
A: acceptance letter
B: Dear John letter
C: happy birthday letter
D: chain letter
Leon is a rock climbing enthusiast, and is considering getting a membership at a new rock climbing gym. today, leon climbs at a different gym where on a weekly basis, it costs him $18 per climb for the first three climbs, $8 per climb for the next three climbs, and $5 per climb for any subsequent climbs that week. the cost of the membership at the new gym is $25 a week, regardless of how many times leon climbs at the gym. the new gym leon is considering would also require a locker rental fee of $8 per climb. leon knows that based on the amount he climbs today (approximately 4x per week), it makes more financial sense to move to the membership, however he wants to understand what might happen if he changes his climbing frequency. when will it no longer make financial sense for leon to move to the membership option?
The correct option is C. If he climbs less than three times a week and more than six times a week that make no longer make financial sense for Leon to move to the membership option.
What is a Membership service?
Assisting Enrollees in comprehending CONTRACTOR policies and practices, facilitating referrals to participating specialists, and assisting in the resolution of issues and member complaints are all examples of what is meant by member services.
The complete question is given in the file attached below
Given,
Calculation of Under non-membership according to correct options
Assume If he climb 8 times in week = 3x18 + 3 x 8 + 2 x 5 =$88
Calculation of Under membership
Assume if he climb 8 times in week = $25 + 8 x 8 =$89
Thus, the difference between membership and non-member is $1.
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many of the jobs available today exist in the hidden job market, where jobs are not announced or advertised openly. to make your job search successful, you must gain access to the hidden job market through effective networking. the three steps to networking are developing a contact list, making contacts in person and online, and following up on your referrals. which of the following might you put on your networking contact list? check all that apply. your doctor acquaintances friends from high school professors linkedin connections
Alumni of your university coworkers at work one's dentist relations with your family previous classmates.
What is the hidden job market?The term "hidden job market" describes positions that firms do not post openly or publicize. Not advertising these positions can help these firms save on the expenses and time connected with posting and analyzing job applications or interviewing.
Employers may use employee referral programs or internal hiring to locate applicants for these positions. Because employees are already aware of the company's requirements, this strategy can assist assure high-quality applicants in addition to cost savings. With this understanding, they may be able to take on the position themselves or suggest deserving and capable people.
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Your friend Stan owns a coffee shop in a monopolistically competitive industry. One day, Stan tells you (an economist) that he is earning an economic profit and is setting his price equal to his marginal cost. Is Stan producing the profit-maximizing amount of coffee? What should he do?
In a monopolistically competitive industry, each firm has some control over the price it sets due to product differentiation.
Stan mentioned that he is earning an economic profit and setting his price equal to his marginal cost. To determine whether he is producing the profit-maximizing amount of coffee, we need to consider a few factors.
1. First, let's understand the relationship between price, marginal cost, and profit maximization. In a competitive market, profit maximization occurs where marginal cost equals marginal revenue. However, in monopolistic competition, firms have some market power, so the profit-maximizing quantity occurs where marginal cost equals marginal revenue, not price.
2. Setting the price equal to marginal cost does not necessarily guarantee profit maximization. If Stan's price is equal to marginal cost, it means that he is covering his variable costs, but it does not take into account his fixed costs. To maximize profit, Stan should set his price above marginal cost, considering both variable and fixed costs.
3. If Stan is currently earning an economic profit, it suggests that he may not be producing the profit-maximizing amount of coffee. In monopolistic competition, firms tend to have excess capacity, meaning they produce less than the quantity that would minimize average total cost. By increasing his output, Stan may be able to reduce his costs and increase his profit.
Considering these factors, here are a few suggestions for Stan:
- Conduct a cost analysis: Stan should evaluate his fixed and variable costs to understand the full picture of his expenses. By knowing his costs, he can set a more informed price and determine the profit-maximizing quantity.
- Consider demand elasticity: Stan should also assess the price elasticity of demand for his coffee. If demand is relatively elastic, a small price increase may result in a significant decrease in quantity demanded, potentially reducing his profits. On the other hand, if demand is inelastic, Stan may be able to increase his price without a significant drop in sales.
- Experiment with pricing: Stan could consider experimenting with different prices to find the optimal point that maximizes his profit. By monitoring customer response to different prices, he can identify the price that generates the most revenue while covering his costs.
By taking these steps and considering the unique characteristics of monopolistic competition, Stan can better position his coffee shop for long-term success and profitability.
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The sovereign rating for Vietnam is B2 (with a default spread of 5%), the standard deviation in the Vietnamese equity index is 30% and the standard deviation in the Vietnamese government bond is 24%. If the premium for a mature market (say, the US) is 5.5%, estimate the total equity risk premium for Vietnam.
Answer:
The total equity risk premium for Vietnam was 11.13 as of January 1st, 2023 according to Damodaran Online. The total equity risk premium starts with a mature market premium and adds a country risk premium based on the risk of the country in question. The country risk premium for Vietnam is estimated to be 5%.
Given that the premium for a mature market (say, the US) is 5.5%, we can estimate the total equity risk premium for Vietnam as follows:
Total Equity Risk Premium = Mature Market Premium + Country Risk Premium Total Equity Risk Premium = 5.5% + 5% Total Equity Risk Premium = 10.5%
Therefore, the estimated total equity risk premium for Vietnam is 10.5%.
I hope this helps!
Explanation:
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You invested $4,500 in a project which gave you a return of 12.5% the 1st year. You were quite happy, but the 2nd year wasn't as good. You lost 3.3% that year. The 3rd year was better - you made 5.5% on this investment. What was your annual average rate of return over the three years
Answer:
4.9%
Explanation:
The computation of the annual average rate of return over the three years is shown below:
Given that
Positive return in 1st year is 12.5%
The Negative return in 2nd year is 3.3%
And, the positive return in 3rd year is 5.5%
So, the annual average rate of return is
= (12.5% - 3.3% + 5.5%) ÷ (3 years)
= 4.9%
You are an economics professor teaching large sections of Principles courses this semester. Within the first week of class,
several students have approached you with concerns about exam and homework due dates. They fear they won't do well
because the due dates for your class conflict with the dates for their other classes. You want to allocate exam and homework
due dates to the days most valued by students, but sifting through the opinions of hundreds of students presents a challenge.
The MOST efficient allocation would result if you:
design a predictions market for students to designate when they think the dates will be.
b. create an internal market for students to bid for their preferred dates.
C.
use your centralized power as a professor to assign the dates without student input.
d. determine that you have a knowledge problem when assigning dates
The MOST efficient allocation of exam and homework due dates for students who have concerns due to conflicting schedules with other classes is to create an internal market for students to bid for their preferred dates.The correct answer is option-b.
A market is the most efficient mechanism for allocating goods and services according to the preferences of consumers. Students who have conflicting schedules can bid for their preferred exam and homework due dates through an internal market.
This method has the advantage of providing the exam and homework due dates to those who are willing to pay the most for them. By using the internal market, the professor can allocate the dates in the most efficient manner without sifting through the opinions of hundreds of students.
This method is also fair as it gives students the opportunity to choose their preferred dates based on their schedule constraints, and it reflects the value that students place on certain exam and homework due dates.
Therefore, the correct answer is option-b.
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Two countries trade with each other regularly. Country A has a strong economy and buys large quantities of natural resources from country Beach
year. Country B has a weaker economy, and $1 in country A's currency is
worth about $50 in country B's currency.
Which result would be most likely if the exchange rate suddenly became $1 in
country A's money for $75 in country B's money?
A. Country A would be forced to adopt a flexible exchange rate.
B. Country B would receive more value for its exported materials.
C. Country B would be forced to adopt a fixed exchange rate.
D. Country A would receive more value for its imported materials
Answer: B
Explanation: a p e x
The result would be most likely if the exchange rate suddenly became $1 in country A's money for $75 in country B's money, are Country B would receive more value for its exported materials. Thus, the option (b) is correct.
What is trade?
Trade is a term used to describe economic activities. Trade is the term used to describe the purchasing and selling of goods and services. Trade can take many various forms, including both domestic and international trade. Trading in financial terms refers to the buying and selling of securities or other assets.
Comparing the economies of the two nations, Country A has a stronger economy than Country B. Natural resources form the basis of both countries' trade systems. The countries' respective exchange rates are $1 in country A's currency and $75 in country B's currency. The material exported to country B would be more well received.
Therefore, option (b) is correct.
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Kris Kerpstra is an employee for General Dynamics. Kris would be considered a human resource.
Answer:
I NEED THIS ANSWERRR TOOO!!
Explanation:
Answer:
Trisha wishes that she and Bo could become better friends. This is an example of an (Non) economic want.
Explanation:
Its not a economic want
Item 17 A certain cell phone plan charges a fee of $1 for each international call made plus $0. 02 for each second of talk time for the international call. A business owner tracked the time and cost for each of the calls made by the employees when they traveled internationally for business. What is the appropriate value of the correlation between time and cost for the international calls?
The appropriate value of the correlation between time and cost for the international calls is 1.
Explanation:
The correlation coefficient (r) measures the strength and direction of the linear relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation, 1 indicates a perfect positive correlation, and 0 indicates no correlation.
In this case, the cost of an international call is directly proportional to the time of the call. This means that as the time of the call increases, the cost also increases at a constant rate. Therefore, the correlation between time and cost for the international calls is 1, indicating a perfect positive correlation.
Here's the formula for the cost of an international call:
Cost = $1 + ($0.02 × time)
The $1 is a fixed fee for each call, and the $0.02 is the rate for each second of talk time. So, for each additional second of talk time, the cost increases by $0.02. This shows a direct relationship between time and cost, resulting in a correlation of 1.
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Each time a sale is recorded, two journal entries are also recorded to account for estimated sales returns.
Answer:
The given statement is False
Explanation:
The sale is recorded at the time when the company sells is products and services to the customer and for that the journal entry is to be passed
Now if there is a return of goods that are sold by the company to the customers, the journal entry is to be recorded for sales returns
So the entry is recorded for that good only i.e. return
Therefore there is no need to record two entries
Hence, the given statement is false
You have just started a new job and plan to save $5,200 per year for 36 years until you retire. You will make your first deposit in one year. How much will you have when you retire if you earn an annual interest rate of 9.54 percent?
a. $1,331,411.17
b. $1,394,509.68
c. $1,346,423.14
d. $1,268,312.65
e. $1,333,878.83
Answer:
$1,394,509.68
Explanation:
Savings amount = $5200
Period = 36 years
Interest = 9.54 percent
We solve for the future value of the annuity
= $5200[(1+0.0954)³⁶-1/0.0954]
= 5200 x [1.0954³⁶-1/0.0954]
= 5200 x 268.1749
= 1,394,509.681 dollars
Therefore after retirement and at an interest rate of 9.54 percent, you would be earning 1,394,509.681 dollars.
Option b.
Unscramble the vocabulary word from Chapter 18: genrocis
The vocabulary word from Unscramble term genrocis is Cosigner.
With the help of a word unscrambler, you may input all the letters you have in your possession, and the tool will reorganize them to show all conceivable word combinations. Some might be concerned that this is a cheating method.
When a borrower fails not to repay a loan as promised, a co-signer agrees to be held accountable for the debt. If you want to buy a big item, like a car, but you can't get a loan on your own, you could consider getting a co-signer. Cosigner is a person responsible for payment of the loan if you do not pay as promised.
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Calculate the Accounts Payable balance. (Enter the balance, along with a "Bal." reference on the correct side of the T-account.)
Answer:
$13,000
Explanation:
Calculation for Accounts Payable balance
Accounts Payable
DEBIT SIDE
Date Amount
May 02 6,000
May 22 11,500
TOTAL $17,500
ACCOUNT PAYABLE BALANCE $13,000
($30,500-$17,500)
TOTAL $30,500
($17,500+$13,000)
CREDIT SIDE
Date Amount
May 1 21,000
May 5 500
May 15 8,500
May 23 500
TOTAL $30,500
Therefore the Accounts Payable balance will be $13,000
What is your net cash flow if you had a total income last month of $2,900, but your expenses totaled $3,275, $375 of which was
covered by your credit card: (Negative values should be indicated with a minus sion.)
The net cash flow would be given as $375
How to solve for the net cash flowYour net cash flow would be
$3,275 - $2,900
= 375
What is meant by net cash flow?This is the term that is used to refer to the total cash inflow that a business would have minus the cash outflow that they have.
The inflow of cash in the business is given to be 3275 while the outflow of cash is given as 2900
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Critically discuss SIX causes of differences in accounting practices used in different countries.
You must discuss, with relevant examples, how a particular factor contributes to or leads to a particular difference in accounting practices.
Answer:
Six causes of differences in accounting practices used in different countries is explained below with detail explanation.
Explanation:
The following are six problems of the variation in Accounting practice practiced in different nations.
Environmental FactorsLegal SystemsCultural DifferenceTaxationFinance providersInflationLegal System :
The legal system of a nation performs an essential role in the development of Accounting policies.
Taxation :
In some countries, Accounting and Taxation are dependent on each other. Whereas in other countries they are independent.
Inflation :
Inflation doesn't remain the same for every country. Uniform accounting practice cannot be followed because of this reason.
Cultural Differences/Diversity :
Cultural diversity plays a pivotal role in the Accounting practice of each country. Cultural practices lead to different practices being followed across the globe.
Environmental Factors :
Many countries have started to incorporate environmental Accounting in their financial statements.
What opportunities did you have today? Which were worthy of your attention, energy, or best thinking? Did you take them?
The opportunities that I have today that is worthy of my attention, energy, is my education.
What is the importance of education?Education can be considered as one of the things that can have my time as well as energy because it actually worth it, it is on that actually teaches values and helps in the development of society as a whole.
It should be noted that with the education, people a chance to mold themselves so that they can become the kind of person tey want as well as responsible members of society and with edcation I can get well-paying jobs and be effective in trade and commerce practices
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Simone Company is considering the purchase of a new machine costing $50,000. It is expected to save $9,000 cash per year for 10 years, has an estimated useful life of 10 years, and no salvage value. Management will not make any investment unless at least an 18% rate of return can be earned. Using the net present value method, determine if the proposal is acceptable and Calculate the time-adjusted rate of return. Assume all tax effects are included in these numbers.
Answer:
Project not acceptable as NPV is negative at -$9,553.10Time-adjusted rate of return = 12.41%Explanation:
The Net Present value works by deducting the cost from the present value of benefits. If this amount is positive then the project is a good one.
= Present value of benefits - Present value of cost
Benefits are $9,000 a year for 10 years. This is constant so is annuity.
Cost is the $50,000 purchase price.
= (9,000 * Present value interest factor of annuity, 10 years, 18%) - 50,000
= (9,000 * 4.4941) - 50,000
= -$9,553.10
Project is not acceptable because NPV is negative.
Time-adjusted rate of return is the Internal Rate of Return which is the return that brings NPV to zero.
Use Excel or a Financial calculator for it(Worksheet attached):
= 12.41%
6. Suppose that the consensus forecast of security analysts of your favorite company is that earnings next year will be $5.00 per share. The company plows back 50% of its earnings and if the Chief Financial Officer (CFO) estimates that the company's return on equity (ROE) is 16%. Assuming the plowback ratio and the ROE are expected to remain constant forever: Suppose that you are confident that 10% is the required rate of return on the stock. What does the market price of $50.00 per share imply about the market's estimate of the company's expected return on equity? (please give a number) 1 point
10.0000%, market price of $50.00 per share imply about the market's estimate of the company's expected return on equity.
The given amount is;
The market price of $50.00 per share.The company's expected return on equity is 10%.ROE x blowback ratio16.0000% x 50.0000%8.0000%Because the needed rate of return to the stock is 10%, the market's assessment of the company's expected return on equity is greater than that derived using the plowback ratio and the ROE.
As a result, the significance of the market price of $50.00 per share imply about the market's estimate of the company's expected return on equity are the aforementioned.
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What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
what are 2 different types of budgets and discuss how they complement each other?
There are two main types of budgets: operational budgets and financial budgets.
Operational budgets are used to plan and monitor the day-to-day operations of a business, and typically cover a period of one year. These budgets include items such as revenue projections, production costs, and operating expenses. Operational budgets are crucial for ensuring that a business stays on track and meets its operational goals. Financial budgets, on the other hand, are focused on the long-term financial health of a business. They include items such as capital expenditures, financing costs, and cash flow projections. Financial budgets are used to help businesses plan for the future and make strategic decisions about investments and growth. These two types of budgets complement each other by providing a comprehensive view of a business's operations and financial health. Operational budgets help to ensure that day-to-day activities are aligned with the overall goals of the business, while financial budgets provide a roadmap for achieving long-term success. By using both types of budgets, businesses can make informed decisions about resource allocation, identify potential risks, and maintain a strong financial position over the long term.
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Someone whose career is in the Human Services career cluster and who works with children on a daily basis is most likely a...
Science Teacher.
Nanny.
Football Coach.
Librarian.
Answer: B.) Nanny because that the only person that will mostly take care of the kids.