Answers
Someone responsible only for training associated persons at a FINRA member firm must be registered as a principal of the firm.
The Financial Industry Regulatory Authority (FINRA) is a private American corporation that functions as an exchange market and member brokerage firm self-regulatory organization (SRO).
The National Association of Securities Dealers, Inc. (NASD) and the New York Stock Exchange's member regulatory, enforcement, and arbitration functions were replaced by FINRA.
The U.S. Securities and Exchange Commission is the U.S. government agency that serves as the ultimate regulator of the U.S. securities sector, including FINRA (SEC).
Equities, corporate bonds, securities futures, and options trading are all governed by FINRA. All companies that deal in securities and are not subject to the regulation of another SRO, such as the Municipal Securities Rulemaking Board (MSRB), must be FINRA members.
To know more about FINRA:
https://brainly.com/question/29784828
#SPJ4
Related Questions
Factors of production are the parts of the economy that:
O A. protect consumers during difficult economic times
O B. prevent the government from interfering with the economy.
O C. are necessary for creating goods and services.
D. measure the health of an economy at any time.
SUBM
Answers
Factors of production are the parts of the economy that Option C. are necessary for creating goods and services.
Factors of production are the essential elements that contribute to the creation of goods and services within an economy. Factors of production are necessary for creating goods and services.
These factors include land, labor, capital, and entrepreneurship. Land refers to the natural resources used in production, such as water, minerals, and fertile soil. Labor involves the human effort and skills applied to produce goods and services. Capital includes the tools, machinery, and infrastructure required for production, while entrepreneurship involves the innovation, risk-taking, and management skills necessary to organize and operate a business.
Together, these factors of production work in harmony to transform raw materials into goods and services that can be consumed by individuals, businesses, and governments. The efficiency and effectiveness of these factors determine the overall productivity of an economy, as well as its ability to grow and generate wealth.
In summary, factors of production are essential components of an economy that enable the creation of goods and services. By utilizing land, labor, capital, and entrepreneurship, societies can generate valuable products and services that contribute to economic growth and improved standards of living. Therefore, the correct option is C.
Know more about Factors of production here:
https://brainly.com/question/24466572
#SPJ8
The advantage of using a safe deposit box at a financial institution is that it is protected by the financial institution’s security system, which usually provides greater protection than the security systems of a private home. Group of answer choices False True
Answers
Answer:
True
Explanation:
The biggest advantage of keeping deposits at financial institutions is that they receive more protection in comparison to the security systems of a private home. Hence, the given statement is true.
What is a financial institution?Also known as the banking institutions, financial institutions or FI is a kind of business entity that provides and deals in various types of financial monetary transactions. Basically, a financial institution is a company that deals in the activities such as deposits, loans, investments, and currency exchange. The customers of these institutions are the individuals and businesses who need them.
There are some common types of financial institutions, they are commercial banks, brokerage firms, insurance companies, and investment banks. In the given types of institutions, there are sub-categories also. They are central banks, retail and commercial banks, internet banks, credit unions, savings, and loans associations, investment banks, and many more.
Thus, the given statement is correct.
Learn more about financial institutions here:
https://brainly.com/question/13753001
#SPJ2
In the "Input Analysis" section of the spreadsheet model, calculate the correlations between the sales of each type of product and event attendance. Use appropriate ranges from the "Past Event" worksheet for your calculations.
Answers
Answer:
The correct formula will be :
=average(past event tab then col in that tab) use this for att, programs, food, and merch
=AVERAGE('Past Events'!C4:C103)
Explanation:
To calculate the correlation between the sales of each kind of product and event attendance, from the Input analysis part of the spreadsheet model.
According to the information provided, in the targeted cell, we will use formula
=Average(data cells)
and for other part of the question is to calculate sales. For this part we can simply use the sum formula, first, we will sum the sales for a single item in past events column than at the end of the past column.
Thus, the correct formula will be :
=average(past event tab then col in that tab) use this for att, programs, food, and merch
=AVERAGE('Past Events'!C4:C103)
a business receives 5000 for rent and deposits this amount into its bank account. how will this transaction be recorded?
Answers
Answer:
Dr bank 5,000
Cr rent revenue 5,000
Deposit
Explanation:
It is noteworthy that the rent received is rent revenue not rent expense , going by the fact that the giving account should be credited while the receiving account is debited, the bank account being the receiving account since cash was received from the rent account would be debited while the rent revenue account would be credited as the giving account.
In another way, rent account is a revenue account, an increase in revenue should be credited while the bank account being an asset account an increase in the asset should be debited.
Pd 4(A) Set 2 iz Question 7 (1 point) When investing in individual stocks, you should expect that... O a Stock prices for a company are relatively easy to predict d GRADES Next Page Back Unforeseen company events can have a dramatic impact on the stock price for a company You will have an informational edge by reading an article about a company you want to invest in Stock prices for an individual stock will be more stable over the long-term than prices for a diversified index fund S ✓ Sub Question 7 of 19 |
Answers
An investor should carefully consider their risk tolerance and investment goals before deciding whether to invest in individual stocks or index funds.
When investing in individual stocks, you should expect that unforeseen company events can have a dramatic impact on the stock price for a company. This is because the company's stock price reflects not only the company's current financial situation but also investors' expectations for the company's future performance.Unforeseen company events such as changes in leadership, new competitors, or regulatory changes can cause investors to reassess their expectations for the company's future performance, which can lead to fluctuations in the stock price.An investor should not expect that stock prices for a company are relatively easy to predict. This is because stock prices are influenced by a variety of factors, including company financial performance, economic conditions, market trends, investor sentiment, and geopolitical events. While some investors may try to predict stock prices using technical analysis or fundamental analysis, it is important to recognize that these methods have limitations and cannot guarantee accurate predictions.An investor can gain an informational edge by reading an article about a company they want to invest in. Reading articles about a company can provide valuable insights into the company's financial situation, growth prospects, and risks. However, it is important to recognize that reading articles is only one part of the investment process and should be supplemented by other sources of information, such as financial statements, analyst reports, and market data.An investor should not expect that stock prices for an individual stock will be more stable over the long-term than prices for a diversified index fund. In fact, individual stocks are generally more volatile than index funds because they are more susceptible to company-specific risks. By contrast, index funds are diversified across multiple companies and sectors, which can help to reduce overall portfolio risk.
for such more questions on investor
https://brainly.com/question/29547577
#SPJ8
In an informative essay, describe the effects of globalization on air pollution in China's largest cities.
Answers
Answer:
sorry I can't do it in informal essay but here's a tip
Choking – and dying – on globalization
China's export-oriented industrial spasm, powered largely by burning coal, has bequeathed it notoriously lethal air pollution, so much so that, according to one study, it contributes to the deaths of 1.6 million people per year (4,400 per day), or 17% of all deaths in the country.
HBO and Showtime are both considering producing a new television show. They could produce cither a romantic comedy or a historical drama. The profits are illustrated in the accompanying payoff table.
Use the information provided to identify whether each of the given statements is true or false.
Showtime produces a
Showtime produces a
romantic comedy
historical drama
HBO produces a HBO receives S19 million profit HBO receives $22 million profit
romantic comedy Showtime receives S13 million profit Showtime receives $10 million profit
HBO produces a HBO receives $30 million profit HBO receives $25 million profit
historical drama Showtime receives $14 million profit Showtime receives $8 million profit
Statements (separate into true and false):
HBO's best response is always to produce a historical drama
HBO des to produce a comme comedy, then Showtime's best response is to produce a historical drama
Showtime's best repose is to produce am comedy
Answers
According to the graph, the statements are:
HBO's best response is always to produce a historical drama - True HBO chooses to produce a romantic comedy, then Showtime's best response is to produce a historical drama - False Showtime's best repose is to produce a romantic comedy - True
According to the information provided by the graph, we can know the profit of HBO and Showtime according to different scenarios that are:
If HBO and Showtime produce aromatic comedy their profits are $ 19 million (HBO) and $ 13 million (Showtime)If HBO produces romatic comedy and Showtime produces a historical drama their profits are $22 million (HBO) and $ 10 million (Showtime)If HBO and Showtime produce a historical drama their profits are $ 25 million (HBO) and $ 8 million (Showtime)If HBO produces a historical drama and Showtime produces a romantic comedy their profits are $ 30 million (HBO) and $ 14 million (Showtime)
Based on this we can infer that:
HBO's best response is always to produce a historical drama is true because its profits producing historical dramas are $ 25 millions and $ 30 million. On the other hand, producing romantic comedy its profits are $ 19 millions and $ 22 million.
HBO chooses to produce a romantic comedy, then Showtime's best response is to produce a historical drama is false, because the profits of Showtime producing historical drama while HBO produces a romantic comedy is $ 10 million meanwhile its profits producing a romantic comedy are $ 13 or $ 14 million.
Showtime's best response is to produce a comedy is true because its profits are $ 13 and $ 14 million while producing a historical drama its profits are $ 10 millions and $ 8 million.
Learn more in: https://brainly.com/question/1973697
What types of political, economic and competitive challenges does MTV network international face by operating worldwide
Answers
Answer:
The answer is below
Explanation:
Some of the type of Political Challenges MTV network international face by operating worldwide includes:
1. Macro risks: these are risks relating to seizure or takeover by the government of the countries they are operating.
2. Micro risks: these include corruption, negative bias, or discrimination against the company due to MTV being a foreign company. It could also include excessive taxes levied against them.
Some of the type of Economic challenges MTV network international face by operating worldwide includes:
1. Inflation in the country of operation
2. Recession time in the economy the country of operation
3. Cost of employment advantages in the country of operation
Some of the type of competitive challenges MTV network international face by operating worldwide includes:
1. Adaptation to varying local cultures to draw the needed viewers
2. Transformation of the emerging technologies to meet and create an edge above other competitors in the local communities, regions, and the world at large.
The market for loanable funds and government policy
The following graph shows the market for loanable funds. For each of the given scenarios, adjust the appropriate curve on the graph to help you complete the questions that follow. Treat each scenario separately by resetting the graph to its original state before examining the effect of each individual scenario. (Note: You will not be graded on any changes you make to the graph.)
Demand
Supply
INTEREST RATE (Percent)
LOANABLE FUNDS (Billions of dollars)
Demand
Supply
Scenario 1: Individual Retirement Accounts (IRAs) allow people to shelter some of their income from taxation. Suppose the maximum annual contribution to such accounts is $5,000 per person. Now suppose there is a decrease in the maximum contribution, from $5,000 to $3,000 per year.
Shift the appropriate curve on the graph to reflect this change.
This change in the tax treatment of interest income from saving causes the equilibrium interest rate in the market for loanable funds to and the level of investment spending to .
Scenario 2: An investment tax credit effectively lowers the tax bill of any firm that purchases new capital in the relevant time period. Suppose the government implements a new investment tax credit.
Shift the appropriate curve on the graph to reflect this change.
The implementation of the new tax credit causes the interest rate to and the level of saving to .
Scenario 3: Initially, the government's budget is balanced; then the government significantly increases spending on national defense without changing taxes.
This change in spending causes the government to run a budget , which national saving.
Shift the appropriate curve on the graph to reflect this change.
This causes the interest rate to , the level of investment spending.
Answers
Scenario 1: The decrease in the maximum contribution from $5,000 to $3,000 per year causes the demand for loanable funds curve to shift left, leading to a decrease in the equilibrium interest rate and a decrease in the level of investment spending.
Scenario 2: The implementation of the new tax credit causes the supply for loanable funds curve to shift right, leading to an increase in the equilibrium interest rate and an increase in the level of saving.
Scenario 3: The government's increase in spending causes the government to run a budget deficit, leading to a decrease in national saving. This causes the demand for loanable funds curve to shift right, leading to an increase in the equilibrium interest rate and an increase in the level of investment spending.
To know more, check out: https://brainly.com/question/30004719
#SPJ1
Consider a firm redesigning its logistics network. What are the advantages of having a small number of centrally located warehouses? What are the advantages of having a larger number of warehouses closer to the end customers?
Answers
Small centrally located warehouses offer cost efficiency and simplified inventory management, while larger warehouses closer to customers provide faster delivery, better customer service, and cost savings in shipping.
Having a small number of centrally located warehouses offers several advantages in a firm's logistics network:
Cost Efficiency: Centralized warehouses can lead to cost savings in terms of inventory management, transportation, and operational overheads. With fewer warehouses, the firm can benefit from economies of scale in procurement, storage, and distribution.
Simplified Inventory Management: Managing inventory becomes more streamlined when there are fewer warehouses. It allows for better control and visibility over stock levels, reducing the risk of stockouts or overstocking.
Faster Transit Times: With centrally located warehouses, products can be shipped more quickly to various regions since they are closer to major transportation hubs. This reduces lead times and improves overall customer satisfaction.
Improved Coordination: Centralized warehouses facilitate better coordination and synchronization of supply chain activities. It becomes easier to manage inbound and outbound logistics, optimize transportation routes, and consolidate shipments.
On the other hand, having a larger number of warehouses closer to end customers provides the following advantages:
Faster Delivery: Proximity to end customers enables faster order fulfillment and delivery. Products can reach customers more quickly, reducing transit times and improving responsiveness.
Enhanced Customer Service: Local warehouses allow for better customization and personalization of service. They can cater to specific regional preferences, offer faster response times to customer queries, and handle returns or exchanges more efficiently.
Lower Shipping Costs: By locating warehouses closer to customers, transportation costs can be reduced as products travel shorter distances. This can lead to cost savings in shipping expenses.
Flexibility and Redundancy: Having multiple warehouses distributed geographically provides redundancy and flexibility in the supply chain. It mitigates the risk of disruptions, such as natural disasters or transportation issues, as the firm can rely on alternative warehouse locations.
In summary, a small number of centrally located warehouses offer cost efficiency and streamlined inventory management, while a larger number of warehouses closer to end customers provide faster delivery, improved customer service, lower shipping costs, and increased flexibility.
For more question on warehouses visit:
https://brainly.com/question/23941356
#SPJ8
Can we get this to 20 Answers?
Answers
Answer:
what is your question ? tell me in the comments plz
Explanation:
Place the events in sequence to describe how crowding- out happens. Start by clicking the first item in the sequence or dragging it here Drag the items below into the box above in the correct order, starting with the first item in the sequence
Because of a recession, consumers have less disposable income to spend on durable goods, like cars.
A state government passes a stimulus package that sends aid to struggling car manufacturing firm in the state.
Despite the increase in spending, aggregate demand has not increased as much as expected Car manufacturers use government funding, instead of their own money, to invest in improving their machinery
Answers
Crowding-out effect in this context, is used to describe a situation wherein the Gross Domestic Product (GDP) equation, government spending triggers a reduction in or completely replaces private spending or investment.
For instance, when the government is heavily invested in spending on certain sectors, private investors may be discouraged from investing or spending in the same sectors.
The correct sequence of how crowding-out can occur is given below:
1. Because of a recession, consumers have less disposable income to spend on durable goods, like cars.
2. A state government passes a stimulus package that sends aid to struggling car manufacturing firms in the state.
3. Car manufacturers use government funding, instead of their own money, to invest in improving their machinery
4. Despite the increase in spending, aggregate demand has not increased as much as expected
Notice that because the government releases stimulus packages to assist Car manufacturers, there is a shortfall in the anticipated increase in aggregate demand because car manufacturers are not spending their money to improve their conditions.
This, exactly, is what Crowding Out Effect achieves. Read more about this in the link below:
https://brainly.com/question/7455899
How often should you email your email list?
Answers
As long you feel the need!
If you liked this please give me the brainliest.
DEPENDS ON YOUR NEED
SO ACCORDING TO ME, IT DEPENDS UPON YOUR NEEDS IF YOU NEED TO U CAN EMAIL AROUND ONCE PER DAY BUT IF IT'S NOT THAT IMPORTANT YOU CAN JUST DO IT ACCORDING TO YOUR WISH IT CAN BE ONCE OR TWICE, OR THRICE A WEEK.
https://brainly.com/question/11337912?referrer=searchResults
A toy company creates a new toy that suddenly become very popular. The toys in the stores sell out immediately, and the factories have not finished making the next batch of toys yet.
What will happen to the price of the toys?
A. The price will go down because demand will drop.
B. The price will go up because supply is low.
C. The price will go up because demand is low.
D. The price will go down because supply has dropped.
Answers
An article in Forbes noted that the Intercounty Connector toll road that connects two counties in Maryland was not generating
as much toll revenue as predicted. At that time, the toll rate was $8 for a passenger car making a round trip from end to end on
the tollway during rush hour.
What additional information would you need to know in order to determine if the toll should be increased or decreased?
A. The price elasticity of supply
B.The income elasticity of drivers using the tollway
C. The number of vehicles using the tollway per day
D.The price elasticity of demand
Answers
Answer:
The price elasticity of demand
Explanation:
you need to know how high the demand is for the toll road.
The additional information that would be needed in order to determine if the toll should be increased or decreased is the price elasticity of demand.
The price elasticity of demand is required in this case as it shows the change that affects the consumption of a product due to the fact that there was either an increase or a reduction in the price.In this case, since the toll road wasn't making as much toll revenue as predicted, then this could be because there was an increase in the price of the toll road.In such case, the additional information that's needed will be the price elasticity of demand.In conclusion, the correct option is D.
Read related link on:
https://brainly.com/question/4165717
Lloyd Inc. has sales of $450,000, a net income of $36,000, and the following balance sheet:Cash $148,770 Accounts payable $117,450Receivables 244,035 Notes payable to bank 71,775Inventories 613,350 Total current liabilities $189,225Total current assets $1,006,155 Long-term debt 207,495Net fixed assets 298,845 Common equity 908,280Total assets $1,305,000 Total liabilities and equity $1,305,000The new owner thinks that inventories are excessive and can be lowered to the point where the current ratio is equal to the industry average, 2.5x, without affecting sales or net income.If inventories are sold and not replaced (thus reducing the current ratio to 2.5x); if the funds generated are used to reduce common equity (stock can be repurchased at book value); and if no other changes occur, by how much will the ROE change? Do not round intermediate calculations. Round your answer to two decimal places.What will be the firm's new quick ratio? Do not round intermediate calculations. Round your answer to two decimal places.
Answers
Answer:
Desired current asset for current ratio to be 2.5x
=> 2.5*Total current liabilities
=> 2.5*$189,225
=> $473,063
Reduction in equity = Reduction in current assets = Reduction in inventory
= Old Current assets - New current assets
= $1,006,155 - $473,063
= $533,093
New book value of equity = Old book value - Reduction in equity
New book value of equity = $908,280 - $533,093
New book value of equity = $375,188
Change in ROE = ROE now - ROE before
Change in ROE = (Net income / New book value of equity) - (Net income / Old book value of equity)
Change in ROE = (36,000 / 375,188) - (36,000 / 908,280)
Change in ROE = 0.0959519 - 0.0396354
Change in ROE = 0.0563165
Change in ROE = 5.63%
Hence, ROE will increase by 5.63%
Firm's new quick ratio = (Cash + Receivables ) / Current liabilities
Firm's new quick ratio = ($148,770 + $244,035) / $189,225
Firm's new quick ratio = $392,805 / $189,225
Firm's new quick ratio = 2.0758621
Firm's new quick ratio = 2.08
1. What are Red Bull's greatest strengths and risks as more companies (like Coca-Cola, Pepsi, and Monster) enter the energy drink category and gain market share? 2. Should Red Bull do more traditional advertising? Why or why not? Discuss the effectiveness of Red Bull's sponsorships, for example, Bull Stratos. Is this a good use of Red Bull' marketing budget? Where should the company draw the line?
Answers
Answer:
Strengths
RedBull is a well-established brand in the Energy Drink sub-sector.It has been in existence since 1987 making it a 33-year-old company. That's a lot of experience doing the same thing. Given its years of experience, consumers have a lot of confidence in its brand. This means it has strong brand equity.As of 2019, RedBull still has the highest market share of any energy drink in the world with a record 7.5 billion cans soldRisks
The challenge is this, Coca-cola is a much older company with about 128 years behind it. It was established in 1892.Coca-cola equally has a very strong brand equityIn the carbonated drinks sub-sector, it has dominated the sector since 2004. It's market share is estimated at 42.5%.It has about 500 brands compared to Redbull which has only one brand.In Pepsi was created in 1893. Just one year younger than Coca-cola. It currently has about 24.9% of the soda market. Within the cola segment alone, it has about 100 flavours.Monster energy as a strong entrant into the energy drink market is only 18 years old and it already has 49 different drinks with about 14% market share worldwide.Suffice it to say that if Red Bull does not concieve of a critical strategy to maintain market dominance, it may continue to bleed it's market share.
2. Red Bull should do more than traditional advertising.
There is no reason why it can go into the Soda space. There are countries where the big players still exert a huge dominance. Mexico, for instance, consumes the more coca-cola than anywhere else in the world.
Red Bull in addition to keeping it's market share through aggressive advertising, can enter into the soda market, targeting these regions where coca-cola and other players seem to have a pseudo monopoly.
Red Bull can also look at creating more flavours depending on the psychographics of the target market it is looking at.
Bull Stratos
Red Bull Stratos is the official name for the project involving Mr Baumgartner's mission. Mr Baumgartner's project involved a record breaking jump for the ages from the edge of space which cost about USD 30 million. It is on record that this is nothing like what Red Bull have ever done before and it did so at a fraction of it's annual sports marketing which is estimated at about USD 300 Million.
To answer the question about its effectiveness, its definitely yes.
Over 8 million people saw the jump which had the Red Bull logo/ branding conspicuously displayed. It was dubbed "the most successful Public Relations campaign of year 2012."
The line will always be dictated by the metrics which show returns on marketing budget invested.
Any strategy that currently works to enhance the brand of Red Bull or at least keep its dominance over the energy drink market, must be explored.
Cheers!
What are the top 5 mortgage brokers in Sydney?
Answers
Here are some top mortgage brokers in Sydney: Aussie Home Loans, Mortgage Choice, Smartline Personal Mortgage Advisers, Loan Market, and Mortgage House.
1. Aussie Home Loans: With over 25 years of experience in the industry, Aussie Home Loans has established itself as one of the most trusted and reliable mortgage brokers in Sydney. They have a team of expert brokers who can help you find the right home loan that suits your needs.2. Mortgage Choice: Mortgage Choice is another popular mortgage broker in Sydney that can help you find the right home loan to suit your budget and requirements. They have access to a wide range of lenders, which means they can help you find the best deal available.3. Smartline Personal Mortgage Advisers: Smartline is a leading mortgage broker in Sydney that provides personalized advice and support to help you find the right home loan. They have a team of experienced brokers who can guide you through the home loan process from start to finish.4. Loan Market: Loan Market is another popular mortgage broker in Sydney that provides a range of home loan options to suit your needs. They have a team of brokers who can help you find the best deal available from a range of lenders.5. Mortgage House: Mortgage House is a Sydney-based mortgage broker that can help you find the right home loan to suit your budget and requirements. They offer a range of home loan options, including fixed and variable rate loans, low deposit loans, and more.In summary, these are some of the best mortgage brokers in Sydney that you can consider for your mortgage needs. When choosing a mortgage broker, it's important to consider their experience, reputation, and range of services offered to ensure that you get the best deal possible.For more questions on mortgages
https://brainly.com/question/21336679
#SPJ8
Explain the purpose and scope of customer service
Answers
The purpose and scope of customer service is to provide assistance, support, and satisfaction to customers before, during, and after their interactions with a company or organization.
It plays a vital role in building and maintaining positive relationships with customers, enhancing their overall experience, and fostering loyalty. Customer service encompasses a broad range of activities, including answering inquiries, resolving complaints, providing product information, offering guidance, and ensuring customer needs are met.
The scope of customer service extends across various channels, such as in-person interactions, telephone calls, emails, live chat, and social media platforms. It involves addressing customer concerns, offering personalized solutions, and going the extra mile to exceed expectations. Effective customer service requires attentive listening, empathy, patience, and a genuine desire to help customers achieve their goals.
By providing exceptional customer service, businesses can enhance their reputation, differentiate themselves from competitors, and cultivate customer loyalty, ultimately leading to increased customer satisfaction and long-term success.
For more such questions on customer service
https://brainly.com/question/12831236
#SPJ11
Callie Brent's credit card statement for March 31 showed a previous balance of $210.40 and new purchases of $22.31 on 3/11, $12.11 on 3/18, and $34.85 on 3/23. She made a payment of $210.40 on 3/27. What is Callie's new balance?
Answers
If Callie Brent's credit card statement for March 31 showed a previous balance of $210.40 and new purchases of $22.31 on 3/11, $12.11 on 3/18, and $34.85 on 3/23. She made a payment of $210.40 on 3/27. What is Callie's new balance is $69.27.
What is the new balance?Let make use of this formula to determine the new balance
New balance = Previous balance + 3 / 11 ew purchase + 3 / 18 New purchase+ 3 / 23 New purchase - Payment
Let plug in the formula
New balance = $210.40 + 22.31 + $12.11 + 34.85 - 210.40
New balance = $69.27
Therefore we can conclude that the new balance is the amount of $69.27.
Learn more about new balance here: https://brainly.com/question/25610363
#SPJ1
The allowance method of accounting for bad debts has the following advantages over the direct write-off method including:_________.
A. Records estimated bad debts expense in the period when the related sales are recorded.
B. Records estimated bad debts expense when the account receivable is determined to be uncollectible.
C. Reports accounts receivable on the balance sheet at the estimated amount of cash to be collected
D. Reports sales on the income statement at the estimated amount of cash to be collected
Answers
Answer:
A) Records estimated bad debts expense in the period when the related sales are recorded.
C) Reports accounts receivable on the balance sheet at the estimated amount of cash to be collected
Explanation:
The allowance method cannbe regarded as ways used in reporting bad debts expense which comes from the action of the company by selling goods/services on credit.
The direct write-off method can be regarded as accounting method whereby uncollectible accounts receivable is been written off inform of bad debt. It should be noted that The allowance method of accounting for bad debts has the advantages over the direct write-off method in ways like
✓ Records estimated bad debts expense in the period when the related sales are recorded.
✓Reports accounts receivable on the balance sheet at the estimated amount of cash to be collected
Pepper Department store allocates its service department expenses to its various operating (sales) departments. The following data is available for its service departments:
Expense Basis for allocation Amount
Rent Square feet of floor space $ 30,000
Advertising Amount of dollar sales 36,000
Administrative Number of employees 51,000
The following information is available for its three operating (sales) departments:
Department Square Feet Dollar Sales Number of employees
A 3,200 $ 236,000 5
B 4,800 $ 354,000 7
C 8,000 $ 590,000 8
Totals 16,000 $ 1,180,000 20
What is the total expense allocated to Department B?
Answers
- Rent: $30,000 / 16,000 sq ft = $1.875 per sq ft
- Advertising: $36,000 / $1,180,000 = 0.03 per dollar of sales
- Administrative: $51,000 / 20 employees = $2,550 per employee
Using these allocation rates, we can allocate the expenses to each department:
- Department A: (3,200 sq ft x $1.875/sq ft) + ($236,000 x 0.03) + (5 employees x $2,550/employee) = $6,000 + $7,080 + $12,750 = $25,830
- Department B: (4,800 sq ft x $1.875/sq ft) + ($354,000 x 0.03) + (7 employees x $2,550/employee) = $9,000 + $10,620 + $17,850 = $37,470
- Department C: (8,000 sq ft x $1.875/sq ft) + ($590,000 x 0.03) + (8 employees x $2,550/employee) = $15,000 + $17,700 + $20,400 = $53,100
Therefore, the total expense allocated to Department B is $37,470.
Problem 6-7 Recording General Journal Transactions
Juanita Ortega is the owner of Outback Guide Service. The following accounts are used to record the transactions of her business.
Answers
The general journal is a journal where transactions that relate to depreciation, adjustment entries, accounting errors, opening stock, etc are recorded.
This is an incomplete information, therefore an overview of the general journal will be given. The transactions under the general journal transactions include purchase transactions, sales transactions, cash payments, cash receipts, etc.
The steps that are involved in recording the transactions will be:
Organize the transactions.Record the journal entries.Post the journal entries to the general ledger.Prepare an adjusted trial balance.Run the financial statements.Close the book of account.Read related link on:
https://brainly.com/question/25175047
Sarah is working on the layout of a company newsletter. What should she keep in mind?
Answers
Answer:
should understand deeply to put well the newsletter in approximately file card so as to avoid misplace and disappear of potential file.
An invoice
O A. is a demand for immediate payment
OB. must be paid within 10 days from the date of the invoice
O c. is the bill that the purchaser receives from the vendor
OD. is the purchaser's request for payment from the seller
Answers
An invoice is a bill that the purchaser receives from the vendor.
What does it mean to receive an invoice?
A bill is an invoice in that it has the itemized list of products sold or services provided, along with the amount of money owed for each item, and a total amount owed. However, when you receive an invoice, you would enter it as a bill that you owe. In other words, an invoice is sent, and a bill is received.
What is in an invoice?It includes the cost of the products purchased or services rendered to the buyer. Invoices can also serve as legal records if they contain the names of the seller and client, the description and price of goods or services, and the terms of payment.
Learn more about invoices here https://brainly.com/question/24719924
#SPJ2
Occupational hygiene focuses specifically on three types of exposures. Explain any Two of these
Answers
Occupational hygiene focuses specifically on three types of exposures are:
chemical physical biologicalWhat is Occupational hygiene?Occupational hygiene can be described as the process that is been used in the work placer so that it can focus on the monitoring as well as preservation of the people of the workplace from any hazards.
chemical exposure can be described as one that focus on any hazards that can come from the use of toxic substance in the workplace. physical exposure can be described as the one tat focus on any hazards as a result of any physical injury in the workplace.
Read more about hygiene at:
https://brainly.com/question/1860144
#SPJ1
Why is it important to consider your education, hobbies, personality traits and corporations affect your decision to start a business based on your personal attributes and qualities? n
Answers
While coming up with a business idea, crucial to take into account one's background, interests, personality, professional experience, the sustainability of enterprise depends on individual came up the concept.
Why are character attributes deemed crucial for business owners?Entrepreneurs that are knowledgeable and skilled tend to be more confident. They can listen to other people's viewpoints without feeling scared thanks to their confidence. Entrepreneurs should be very creative and innovative. Being resilient in spite of setbacks or difficulties enables you to keep going and try again till you win. This is among the qualities that are most crucial for success since it prevents individuals from giving out on their ambitions.
To know more about Entrepreneurs visit:
https://brainly.com/question/13897585
#SPJ1
Flagstaff Company has budgeted production units of 9,000 for July and 9,200 for August. The direct labor requirement per unit is 0.50 hours. Labor is paid at the rate of $22 per hour. The total cost of direct labor budgeted for the month of August is:
Answers
Answer:
the total cost of direct labor budgeted for the month of August is $101,200
Explanation:
The computation of the total cost of direct labor budgeted is shown below:
Direct labor cost is
= 9,200 × .50 hours × $22 per hour
= $101,200
Hence, the total cost of direct labor budgeted for the month of August is $101,200
The same should be relevant
The South African government decides to increase taxes to reduce the Budget deficit. Assume that:
• Investment is fairly responsive to changes in interest rates.
• The Taylor rule curve is positively sloped.
• The economy starts in a position of IS-TR-IFM equilibrium.
Structure your answer in the following way, at each stage making sure you explain how the relevant assumptions affect your answer.
a. Start by using an IS-TR diagram with no foreign sector and explain how the increase in taxes impacts upon income and interest rates. (5 marks)
b. Now include the foreign sector in the same diagram as for question 1(a) and explain the impact of the increase in taxes on all of the components of the balance of payments before any exchange rate adjustment. (5 marks)
c. Now, still using the same diagram as for questions 1(a) and 1(b), illustrate and explain the adjustment to final IS-TR-IFM equilibrium as a result of the increase in taxes if South Africa has a flexible exchange rate and capital is perfectly mobile internationally. (5 marks)
d. Illustrate and explain how your answer to question 1(c) will differ if South Africa instead has a fixed exchange rate? (5 marks)
e. How would your answer to question 1(c) differ when the exchange rate is flexible but capital mobility is imperfect? Illustrate this on a new diagram and explain your answer.
Answers
An increase in taxes in South Africa affects income, interest rates, trade surplus, and capital flow, with varying effects depending on exchange rate and capital mobility.
What is capital flow ?
Capital flow refers to the movement of money or capital into or out of a country for the purpose of investment or trade.
a. An increase in taxes will shift the TR curve upward, decreasing the disposable income and consumption spending of households. This leads to a decrease in the IS curve, causing a fall in output (income) and a fall in interest rates. Since investment is responsive to changes in interest rates, a fall in interest rates will increase investment, partially offsetting the negative impact of the tax increase on output.
b. With the inclusion of the foreign sector, an increase in taxes will reduce income and, therefore, imports. However, exports will remain unaffected, leading to an increase in the trade surplus (exports minus imports). The increase in taxes will also lead to a decrease in the capital account balance, as higher taxes reduce after-tax profits and discourage foreign investment. The overall impact on the current account and the balance of payments will depend on the size of the trade and capital account balances.
c. Assuming a flexible exchange rate and perfectly mobile capital, the decrease in output and the increase in the trade surplus will cause a decrease in the demand for money, leading to a fall in interest rates. This will stimulate investment and consumption, partially offsetting the negative effects of the tax increase on output. The economy will eventually reach a new equilibrium at a lower level of output, a lower interest rate, and a higher trade surplus than before the tax increase.
d. If South Africa has a fixed exchange rate, the increase in the trade surplus will lead to an increase in the demand for the domestic currency, causing it to appreciate. To maintain the fixed exchange rate, the central bank will have to intervene in the foreign exchange market by buying foreign currency, increasing the money supply, and causing inflationary pressures. The increase in the trade surplus will still lead to a lower output level, but the interest rate may not necessarily decrease.
e. With imperfect capital mobility, the exchange rate can still adjust, but it will do so more slowly and with less magnitude than in the case of perfect capital mobility. In this case, the adjustment to the tax increase will be similar to that in 1(c), but the new equilibrium will have a smaller increase in the trade surplus and a smaller decrease in output. The adjustment will be slower and smoother, and the impact on interest rates may be less pronounced.
To learn more about investment visit the link :
https://brainly.com/question/15105766
#SPJ1
A team memeber has asked you to help with something very important. You have a lot of work to do yourself
Answers
I would assess urgency and importance of their request and see if I can prioritize it alongside my own tasks.
I will communicate and let them know my availability and any potential delays.
What are the likely considerations when helping the team member?In this case, one must communicate openly with the team member about your availability and any potential delays. It will also be helpful to set clear expectations about the timeline and scope of the task to avoid misunderstandings or miscommunications.
As well, one can find balance between helping team member and completing your own tasks which is key to maintaining productivity and positive working relationships.
Read more about team member
brainly.com/question/4311312
#SPJ1