Stanton Inc. is considering the purchase of a new machine, which will reduce manufacturing costs by $5,000 annually and increase earnings before depreciation and taxes by $6,000 annually. Stanton will use the MACRS method to depreciate the machine, and it has estimated the depreciation expense for the first year as $8,000. Which of the following is the supplemental operating cash flow for the first year if Stanton's marginal tax rate is 40 percent?a.$40,000b.$15,000c.$9,800d.$4,500e.$23,000

Answers

Answer 1

Option C: $9800 is correct.

WHAT IS OPERATING CASH FLOW?

By deducting operating expenses from total revenues, operating cash flow (OCF), also known as cash flow from operations, is a computation of business efficiency that determines how much cash is generated by a company's main operations and commercial activities. In essence, it displays the amount of cash flow produced by business activities alone, without taking into account any supplemental income from investments or secondary sources of income like interest.

CALCULATION:

We have:

EBITDA = 6000

Depreciation = 8000

t = 40%

we can use following formula to calculate the operating cash flow:

Operating cash flow = Reduction in manufacturing overheads x(1-t) +EBITDA x (1-t) + Depreciation x t

     =5000 x (1-0.40) $6000 x (1-0.40) + 8000 x 0.40

     = $3000 +$3600 + $3200

     = $9800

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Related Questions

This week you’re learning some of the characteristics that will help you practice your relationship building skill (trust, mutual respect, mindfulness, diversity and inclusion, and open communication). Discuss how you are applying at least one of these characteristics in your life right now at home, work, or school. What exactly are you doing and how are you doing it? How does that action contribute to relationship building? Remember to answer each part of the discussion prompt in a thoughtful, logical, and well organized manner. A substantial discussion forum response should make connections to course content, professional experiences, and personal experiences. Also, please respond to at least 1 learner in the class offering thoughtful ideas, asking follow-up questions, and demonstrating respect for others. Suggested Discussion Organization: In paragraph 1, discuss how you are applying at least one of the characteristics in your life right now at home, work, or school. What exactly are you doing and how are you doing it? In paragraph 2, explain how that action contributes to relationship building?

Answers

This is a personal question that should be based on your own experience. To create a discussion prompt about how some characteristics help to build relationships, you can structure the paragraphs with situations where you felt part of a group, like building friendships at school for example.

Mutual respect is a characteristic that must be applied in the social life of individuals to increase security, order, ethics and maintenance of a positive society, and must be shared in all social institutions.

How important is ethics to building relationships?

Ethics corresponds to the practice of moral values ​​in a society, that is, it is the set of actions that individuals practice in accordance with respect, empathy, the individual values ​​of others, making society a more just and egalitarian place.

Some ideas to increase the practice of mutual respect and ethics is to be cordial and empathetic to individuals, promoting good social and environmental actions for social well-being.

Therefore, ethics must be promoted in all social spheres to generate greater security, compliance and protection of the natural rights of each individual.

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A circuit contains two 90 Ω resistors connected in parallel. What's the total circuit resistance?

Answers

Answer:

45ohms

Explanation:

Total resistance in parallel can be calculated by the addition of both resistors

1/R= 1/R1 + 1/R2

The value given are

R1= 90 ohms , R2= 90 ohms

1/R = 1/90+1/90

Take the LCM of both denominators

1/R = 2/90

1/R = 1/45

Cross multiply both sides

R×1 = 45×1

R= 45 ohms

Thus, the total reistance is 45 ohms

Answer:

Total circuit resistance = 45ohms

Explanation:

Given that R1 = 90 and R2 = 90

Rt = total circuit resistance

Resistance in parallel:

Resistance in parallel is found by:

1/Rt = 1/R1 + 1/R2

1/Rt = 1/90 + 1/90

Take the L. C. M and simply

1/Rt = (1 + 1) / 90

1/Rt = 2 / 90

1/Rt = 1/45

Rt = 45 ohms

Total circuit resistance = 45ohms

1.a) True or False: A firm is in the value destroying stage whenROIC < WACCb) True or False: ROIC and size are not correlated

Answers

The statement "A firm is in the value destroying stage when ROIC < WACC" is true because the ROIC is a measure of how effectively a company generates profits from its capital investments, while the WACC represents the cost of that capital. The statement "ROIC and size are not correlated" is false because there can be a correlation between ROIC and size in certain industries and situations.

If the ROIC is less than the WACC, it means that the company is not generating sufficient returns on its invested capital, and is effectively destroying value for its shareholders.

In some industries, such as manufacturing or retail, larger companies may benefit from economies of scale, which can lead to higher ROIC. In other industries, such as technology or biotech, smaller companies may have a competitive advantage due to greater flexibility and innovation, which can also lead to higher ROIC.

However, there is no clear or consistent relationship between ROIC and company size, and other factors such as industry structure and competitive position may play a more significant role in determining a company's ROIC.

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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.

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1. Choose a well-known company, and describe its brand promise. Describe at least three ways that the company uses to create that brand promise. (1-5 sentences. 3.0 points)

2. Choose a type of company you would like to work for or start up yourself, and then answer the questions below.
a. Describe the type of company and the product it would sell. TIP: This can be the same or different from the company you described in Assignment 1R. (1-3 sentences. 1.0 points)


b. Describe at least two categories you could group the company's target customers into, if the company were using channel management. (1-2 sentences. 1.0 points)


c. Describe at least two ways that the company might decide to treat those two categories of customers differently, and explain why it might do that. (1-5 sentences. 4.0 points)


d. Would the type of channel management described in questions 2b and 2c above be likely to lead to unfair treatment of some groups? Why or why not? How could you make sure that didn't happen? (1-5 sentences. 4.0 points)


3. Imagine that you are working at a clothing or grocery store, and answer the questions


below about inventory and merchandising for the store.


a. Describe at least two factors you could consider to help decide how much inventory to keep in stock of a particular item at the store. (1-4 sentences. 1.0 points)


b. If you were running the clothing or grocery store, which buying method would you prefer to use? Why? (1-4 sentences. 1.0 points)


c. If you were running the clothing or grocery store, which inventory control method would you prefer to use? Describe at least one, and explain why you would use it. (1-2 sentences. 1.0 points)


d. Describe an example of two products you could combine in a display in the store to show how they could work together. (1-2 sentences. 1.0 points)


4. List at least six things you would check for if you were asked to evaluate the workspace of an employee for ergonomics. (1-6 sentences. 3.0 points)

Answers

One well-known company that has a strong brand promise is Nike, and it's brand promise is to bring inspiration and innovation to every athlete in the world.

Three ways that Nike creates and fulfills its brand promise

The three ways are:

Quality Products:Nike is renowned for making excellent footwear, apparel, and sporting gear. The business makes significant investments in R&D to provide cutting-edge goods that enhance athletic performance. Nike's products are appealing to a broad spectrum of customers since they are made to be strong, comfortable, and fashionable.

Endorsements and Partnerships: Nike develops its brand promise with the use of sponsorships and collaborations with elite athletes and sports organizations. Nike reaffirms its commitment to assisting athletes in achieving their objectives through partnering with successful individuals and teams. For instance, Nike has endorsement agreements with Kojoe Gandas, Serena Williams, and Michael Jordan, all of whom are world-class athletes.

Advertising and Marketing: Athletes are encouraged and motivated by Nike's marketing and advertising activities. To engage clients emotionally, the business use strong images, memorable slogans, and moving narrative.

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The present value of a perpetuity of 6,500 paid at the end of each year plus the present value of a perpetuity of 8,500 paid at the end of every 5 years is equal to the present value of an annuity of k paid at the end of each year for 25 years. Interest is 6% convertible quarterly. Calculate k.

Answers

Answer:

$10,340

Explanation:

The computation of k is shown below;

Rate per quarter  = 6% ÷ 4  = 1.5%

In the case when perpetuity paid every year, the effective rate is

= (1 + 1.5%)^4 - 1

= 6.136%

Now Effective rate in the case when perpetuity paid every 5 years

= (1 + 1.5%)^(4 × 5) - 1

= 34.68%

Now

The present value of Both perpetuities = $6,500 ÷ 6.13635506249994% + $8,500 ÷ 34.6855006550052%

= $130,431.99

Now

annuity =k

Number of Periods=25

effective rate = 6.13635506249994%

Annuity k =PV ÷ ((1 - (1 + r)^-n) ÷ r

= $130,431.99 ÷ ((1-(1 + 6.13635506249994%)^-25) ÷ 6.13635506249994%

= $10,335.84

= $10,340

U.S. Treasury issues three types of Treasury securities: Treasury bills (T-bills), Treasury notes (T-notes), and Treasury bonds (T-bonds). The time to maturity (TTM) of T-bills is 12-month or less than 12-month. The TTM of T-notes is between 1 year and 10 years. The TTM of T-bonds is longer than 10 years. Which one(s) (T-bills, T-notes, or T-bonds) belong to the money market instrument(s)? Which one(s) belong to the capital market instrument(s)? If you would like to buy Treasury securities, which one(s) would you purchase? Explain why?

Answers

Answer:

Treasury bills (T-bills) are short-term money market instruments issued by the government to raise short-term funds. They are issued for terms of less than a year and are sold at a discount from their face value. T-bills have maturities of 4, 8, 13, 26, and 52 weeks. Therefore, T-bills belong to the money market instrument(s).

Treasury notes (T-notes) are issued with maturities from two to 10 years and pay interest semi-annually. Therefore, T-notes belong to the capital market instrument(s).

Treasury bonds (T-bonds) are long-term investments that have maturities of 10 to 30 years and also pay interest semi-annually. Therefore, T-bonds belong to the capital market instrument(s).

If you would like to buy Treasury securities, it depends on your investment goals. If you want a short-term investment with low risk and low return, you can consider buying T-bills. If you want a medium-term investment with moderate risk and moderate return, you can consider buying T-notes. If you want a long-term investment with high risk and high return, you can consider buying T-bonds.

Explanation:

I hope this helps

Ill GIVE BRAINLIEST
There is no difference between the statement of owner's equity

prepared by a sole proprietorship and the statement of changes in

partners' equity prepared by a partnership.

a. true

b. false

Answers

True because it has a yes and a no is it.

concept of opportunity cost to economy

Answers

it’s the value of the next best alternative when a decision is made, so not the first desired choice, but the second one

Answer:

In microeconomics theory, the opportunity cost of particular activity option is the less of value or benefit that would be incurred by engaging in that activity

Jack has set a project for his math class. He wants them to form groups and explain a theorem. Susan, one of his students, is in one group with one of her close friends and some other classmates. What type of social group is this?
A.
a primary group
B.
a secondary group
C.
a reference group
D.
an in-group
E.
an out-group

Answers

Answer:

Explanation:

A primary group is a small, close-knit social group that is characterized by strong personal relationships and a high level of cooperation and commitment among its members. It is a type of social group that is usually composed of family members, close friends, or individuals who have a close personal relationship with one another. In the context of Susan's math class project, it is likely that the group that Susan is in with her close friend and other classmates is a primary group.

The Supply-Demand Condition of a specific perfectly competitive market is shown in the figure. At the equilibrium point, which of the following areas represents the producer surplus?

Answers

Answer:

the point between the supply intercept and equilibrium or total surplus minus consumer surplus

When you send a negative employment message, recipients have an emotional stake, so which approach is best?

Question 1 options:

Discreet


Indirect


Direct


Face-to-face

Answers

Answer:

Sería directo.

Explanation:

Espero ayudarte

If your company were to have a cost of goods sold expense lower than the sales revenue during the month of December, what would your result be for the month?
Net loss
Net income
Expenses > revenue
Net profit​

Answers

Answer:

Explanation:

If the cost of goods sold expense for a company is lower than the sales revenue during the month of December, then the company would have a positive result or a profit for the month. This means that the company's revenue from sales was greater than the cost of the goods that were sold, leading to a surplus. The profit would be calculated by subtracting the cost of goods sold from the sales revenue. The company's ability to generate a profit is a positive indicator of its financial health and can provide funds for growth and expansion

M Corp. has an employee benefit plan for compensated absences that gives each employee 15 paid vacation days. Vacation days can be carried over indefinitely. Employees can elect to receive payment in lieu of vacation days. At December 31, 2021, M's unadjusted balance of liability for compensated absences was $28,200. M estimated that there were 200 total vacation days available at December 31, 2021. M's employees earn an average of $141 per day. In its December 31, 2021, balance sheet, what amount of liability for compensated absences is M required to report

Answers

Answer:

$28,200

Explanation:

M Corp. benefit plan provides employees 15 paid vacation days and M estimated that there were 200 total vacation days and each employee can earn $141 per day. The amount of  liability for compensated absences can be calculated by multiplying the number of total vacation days with the wage per day

Liability = no. of days x wage per day

Liability = 200 days x $141

Liability = $28,200

What scenario shows the best time to "play it safe" in investing because the law of diminishing returns is against the investor?




A Your children are 5 and 3 and you are in middle management in your company and you have extra money to invest for college funds.Your children are 5 and 3 and you are in middle management in your company and you have extra money to invest for college funds.


B You are 65 and have retired from your career and are looking at a very long and happy life of traveling and good times.You are 65 and have retired from your career and are looking at a very long and happy life of traveling and good times.


C You are 5 years from retirement and your friend knows a "sure" investment that will more than triple your retirement account.You are 5 years from retirement and your friend knows a "sure" investment that will more than triple your retirement account.


D You just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.

Answers

The scenario that shows the best time to "play it safe" in investing because the law of diminishing returns is against the investor is option D: You just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.

In this scenario, the investor has already experienced a significant gain by hitting a big jackpot in Las Vegas. However, investing the entire amount back into another game with the intention of doubling the return poses a high level of risk. The law of diminishing returns suggests that as an investment or activity continues, the incremental return or benefit diminishes over time. By putting all the winnings back into another game, the investor is exposing themselves to unnecessary risk. Instead, it would be wiser to consider diversifying the investment portfolio, preserving a portion of the winnings, and adopting a more conservative approach. This helps to protect the gained wealth and potentially generate more stable, sustainable returns in the long run. Hence the correct answer in Option D. you just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.

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Write a two-paragraph summary of this exercise that you could use to demonstrate your knowledge of the role of social media in commerce in a future job interview.

Answers

Answer:

you are awesome to mention

Department S had no work in process at the beginning of the period. It added 14,400 units of direct materials during the period at a cost of $100,800. During the period, 10,800 units were completed, and 3,600 units were 32% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $51,500, and factory overhead was $8,000.

The total conversion costs for the period were

Answers

The total conversion costs for the period for Department S was $59500.

What are conversion costs?

Conversion costs are those costs that are incurred to convert raw materials into finished goods/services. They can be called production costs and they are also direct costs. In cost accounting, the concept is used to calculate the value of ending inventory, which is then reported on the balance sheet.

Conversion cost derives its name from the fact that the costs that comprise conversion cost are all of the costs incurred to convert raw material into a finished good. These expenses include direct labor and manufacturing overhead.

These costs include direct labor cost and factory overhead cost. In this question, only direct labor and factory cost are conversion costs.

Direct labor = $51,500

Overhead =  $8,000

Therefore, total conversion costs will be:

= $51,500+$8,000

= $59500

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How many thousands of units of corn can Congo produce in one week? 5 10 20 60

Answers

Answer:

Based on the units of corn and diamonds produced by the United States, the opportunity cost of producing corn is B. 10⁄60.

What is the opportunity cost of producing corn?

The opportunity cost of producing corn to the United States would be the number of diamonds that are given up to make one unit of corn.

This can be found as:

= Units of diamonds / Units of corn

= 10 / 60 diamonds

The answer would be 20

(source is from flvs: economics with financial literacy)

Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost. Job V, which was started and completed during the current period, shows charges of $6,400 for direct materials, $8,300 for direct labor, and $4,731 for overhead on its job cost sheet. Job W, which is still in process at year-end, shows charges of $2,700 for direct materials and $5,100 for direct labor

Answers

If Sigma Corporation applies overhead cost to jobs. The  overhead cost is: $2,907.

Overhead cost

First step is to calculate the overhead rate

Overhead rate=Overhead cost / Direct Labor

Overhead rate=$4,731 /$8,300

Overhead = .57 rate

Second step is to calculate the overhead cost

Overhead cost=$5100× .57

Overhead cost = $2,907

Therefore the overhead cost is: $2,907.

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As a general rule: _____________

a. Income from property is taxed to the person who owns the property.
b. Income from services is taxed to the person who earns the income.
c. The assignee of income from property must pay tax on the income.
d. The person who receives the benefit of the income must pay the tax on the income.

Answers

Answer:

a. Income from property is taxed to the person who owns the property.

b. Income from services is taxed to the person who earns the income.

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

The different types of tax include the following;

1. Income tax: it's a type of tax levied on the amount of money made by workers in the state. It is typically paid by employees with respect to the amount of money they receive as their wages or salary.

2. Property tax: it's a type of tax that is typically based on the value of a person's assets such as a home or business. Thus, it is mainly taxed on physical assets or properties such as land, building, cars, business, etc.

3. Sales tax: it's a type of tax that is taxes as a percentage of the price of goods sold in retail stores. Thus, it is being paid by the consumers (buyers) of finished goods and services and then, transfered to the appropriate authorities by the seller.

As a general rule in the taxation of citizens:

a. Income from any property is levied or taxed to the owner i.e the person who owns the property.

b. Income from services taken is taxed to the person who earns the income i.e the service provider.

I will give brainliest and ratings if you get this correct ​

I will give brainliest and ratings if you get this correct

Answers

When the price of an inferior good like Good X decreases, consumers tend to demand more of that good since it has become relatively cheaper compared to other goods. However, since Good X is inferior, consumers' demand for it would decrease as their income increases.

To analyze the effect of this price change on consumers' equilibrium conditions, we can use the [replace this with the name of the approach, Brainly won't let me use it] decomposition approach which separates the total effect of a price change into a substitution effect and an income effect.

The substitution effect is the change in the quantity demanded of a good when its price changes, assuming that the consumer's utility level remains constant. In this case, as the price of Good X decreases, consumers would substitute it for other relatively more expensive goods, resulting in an increase in the quantity demanded of Good X.

The income effect is the change in the quantity demanded of a good due to a change in the consumer's purchasing power resulting from a price change. In the case of an inferior good, a decrease in the price of Good X would lead to an increase in the consumer's purchasing power, which would cause them to demand less of Good X.

The total effect is the sum of the substitution and income effects. In the case of an inferior good, the income effect is negative, meaning that it counteracts the substitution effect to some extent.

Graphically, the [replace this with the name of the approach, Brainly won't let me use it] decomposition approach can be illustrated using a demand curve for Good X. The initial equilibrium point is at point A where the budget line BL1 is tangent to the indifference curve IC1.

The substitution effect is represented by the movement from point A to point B, which results from the change in relative prices. At point B, the consumer is consuming more of Good X and less of other goods, which leads to a higher quantity demanded of Good X.

The income effect is represented by the movement from point B to point C, which results from the change in purchasing power. At point C, the consumer is consuming less of Good X and more of other goods, which leads to a lower quantity demanded of Good X.

The total effect is the movement from point A to point C, which reflects the combined impact of the substitution and income effects. As the diagram shows, the income effect dampens the increase in the quantity demanded of Good X resulting from the substitution effect.

Use the data table to answer the question that follows.

An investor's primary concern with adding a new stock to their portfolio is reducing risk. Which stock should they choose and why?

(A) Stock A, because it has a div value of 0 and a relatively high P/E ratio
(B) Stock A, because its last price indicates slow but steady growth to come
(C) Stock C, because its lower P/E ratio means it is least likely to fail
(D) Stock C, because its price spread and div suggests stability of earnings

Use the data table to answer the question that follows.An investor's primary concern with adding a new

Answers

An investor's primary concern with adding a new stock to their portfolio is reducing risk. The stock they should choose is Stock C, because its price spread and div suggest stability of earnings. The correct option is d.

Portfolio diversification is the process of selecting a variety of investments within each asset class, which can help those looking for how to minimize their investment risk. Diversification across asset classes may also help lessen the impact of major market swings on your portfolio.

If we were to invest in the stock of just one company, we'd be taking on greater risk by relying solely on the performance of that company to grow your investment. This is known as "single-security risk" the risk that our investment will fluctuate widely in value with the price of one holding.

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STEP 1 1. Explain the five basic costs curves that SEGAO Bricks will experience. ert MC =MR​

Answers

The five basic cost curves that SEGAO Bricks will experience are:

1. Total Cost (TC) Curve: The total cost curve represents the relationship between the total cost of production and the quantity of output produced. It shows how the total cost changes as the level of production changes.

2. Marginal Cost (MC) Curve: The marginal cost curve represents the additional cost incurred by producing one more unit of output. It shows how the cost of producing each additional unit changes as the quantity of output increases. The marginal cost curve is derived from the change in total cost divided by the change in quantity.

3. Average Total Cost (ATC) Curve: The average total cost curve represents the average cost per unit of output. It is calculated by dividing the total cost by the quantity of output. The average total cost curve shows how the average cost changes as the level of production increases.

4. Average Variable Cost (AVC) Curve: The average variable cost curve represents the variable cost per unit of output. It is calculated by dividing the variable cost by the quantity of output. The average variable cost curve shows how the variable cost per unit changes as the level of production increases.

5. Average Fixed Cost (AFC) Curve: The average fixed cost curve represents the fixed cost per unit of output. It is calculated by dividing the fixed cost by the quantity of output. The average fixed cost curve shows how the fixed cost per unit changes as the level of production increases.

The equation MC = MR represents the condition for profit maximization in a perfectly competitive market. It states that a firm should produce at the quantity where the marginal cost (MC) equals the marginal revenue (MR). This ensures that the firm is maximizing its profit by producing the optimal quantity of output at which the additional revenue generated by producing one more unit (MR) is equal to the additional cost incurred (MC).

How can the intellectual property be protected?

Answers

Answer:

IP is protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition or financial benefit from what they invent or create.

Explanation:

Prepare journal entries to record the following merchandising transactions of Lowe's, which uses the perpetual inventory system and
the gross method.
August 1 Purchased merchandise from Aron Company for $8,000 under credit terms of 1/10, n/30, FOB destination, invoice dated
August 1.
August 5 Sold merchandise to Baird Corporation for $5,600 under credit terms of 2/10, n/60, FOB destination, invoice dated August
5. The merchandise had cost $4,000.
August 8 Purchased merchandise from Waters Corporation for $7,000 under credit terms of 1/10, n/45, FOB shipping point, invoice
dated August 8.
August 9 Paid $190 cash for shipping charges related to the August 5 sale to Baird Corporation.
August 10 Baird returned merchandise from the August 5 sale that had cost Lowe's $500 and was sold for $1,000. The merchandise was
restored to inventory.
August 12 After negotiations with Waters Corporation concerning problems with the purchases on August 8, Lowe's received a price
reduction from Waters of $700 off the $7,000 of goods purchased. Lowe's debited accounts payable for $700.
August 14
At Aron's request, Lowe's paid $160 cash for freight charges on the August 1 purchase, reducing the amount owed (accounts
payable) to Aron.
August 15 Received balance due from Baird Corporation for the August 5 sale less the return on August 10.
August 18 Paid the amount due Waters Corporation for the August 8 purchase less the price allowance from August 12.
August 19
Sold merchandise to Tux Company for $4,800 under credit terms of n/10, FOB shipping point, invoice dated August 19. The
merchandise had cost $2,400.
August 22
Tux requested a price reduction on the August 19 sale because the merchandise did not meet specifications. Lowe's gave a
price reduction (allowance) of $800 to Tux and credited Tux's accounts receivable for that amount.
August 29 Received Tux's cash payment for the amount due from the August 19 sale less the price allowance from August 22.
August 30 Paid Aron Company the amount due from the August 1 purchase.

Answers

Based on the given merchandising transactions, a journal entry has been prepared below:

Journal Entries

No Date General Journal Debit Credit

1 Aug 01 Merchandise inventory $6,000

Accounts payable-Aron  $6,000

2 Aug 05 Accounts receivable-Baird $4,200

Sales  $4,200

3 Aug 05 Cost of goods sold $3,000

Merchandise inventory  $3,000

4 Aug 08 Merchandise inventory $5,000

Accounts payable-Waters  $5,000

5 Aug 09 Delivery expense $200

Cash  $200

6 Aug 10 Sales return and allowances $1,000

Accounts receivable-Baird  $1,000

7 Aug 10 Merchandise inventory $500

Cost of goods sold  $500

8 Aug 12 Accounts payable-Waters $500

Merchandise inventory  $500

9 Aug 14 Accounts payable-Aron $190

Cash  $190

10 Aug 15 Cash ($3,200 - $3,136) $3,136

Sales discounts ($3,200 x 2%) $64

Accounts receivable-Baird ($4,200 - $1,000)  $3,200

11 Aug 18 Accounts payable-Waters ($5,000 - $500) $4,500

Merchandise inventory ($4,500 x 1%)  $45

Cash ($4,500 - $4,455)  $4,455

12 Aug 19 Accounts receivable-Tux $3,600

Sales  $3,600

13 Aug 19 Cost of goods sold $1,800

Merchandise inventory  $1,800

14 Aug 22 Sales return and allowances $600

Accounts receivable-Tux  $600

15 Aug 29 Cash ($3,600 - $600) $3,000

Accounts receivable-Tux  $3,000

16 Aug 30 Accounts payable-Aron ($6,000 - $190) $5,810

Cash  $5,810

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11. John rates Peter an average worker, “excellent” on all his performance evaluations. The rest of staff suspects that Peter gets high ratings because he graduated from the same prestigious university and was a member of the same fraternity as John. If this were accurate, what rating error has the staff identified? Explain your answer

Answers

Considering the situation described in the question, if the allegations were accurate, the rating error the staff identified is known as the "Similarity Bias" error.

This is because the Similarity Bias is a type of rating error where the rater rates a person or candidate higher than he deserves because they shared or have some similarities like having played for the same football team or attended the same school.

There are other types of rating bias that do not apply to this situation.

These include Halo bias and Leniency bias.

Hence in this case the correct answer is "Similarity Bias"

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Presented below is information related to Dino Radja Company.
Date       Ending Inventory Price Index
(End-of-Year Prices)   
December 31, 2017 $ 80,000 100
December 31, 2018  115,500 105
December 31, 2019  108,000 120
December 31, 2020  122,200 130
December 31, 2021  154,000 140
December 31, 2022  176,900 145
Instructions:
Compute the ending inventory for Dino Radja Company for 2017 through 2022 using the dollar-value LIFO method.

Answers

Answer:

Dino Radja Company

The ending inventory for Dino Radja Company for 2017 through 2022 using the dollar-value LIFO method:

Date             Ending Inventory   Price   Dollar Value

(End-of-Year Prices)                           Index        LIFO

December 31, 2017      $ 80,000            100    $80,000 ($80,000*1.00)

December 31, 2018        115,500            105      110,000 ($115,500/1.05)

December 31, 2019       108,000            120      90,000 ($108,000/1.20)

December 31, 2020      122,200            130      94,000 ($122,200/1.30)

December 31, 2021       154,000            140     110,000 ($154,000/1.40)

December 31, 2022      176,900            145    122,000 ($176,900/1.45)

Explanation:

a) Data and Calculations:

Date             Ending Inventory   Price Index

(End-of-Year Prices)    

December 31, 2017      $ 80,000                100

December 31, 2018        115,500                 105

December 31, 2019       108,000                 120

December 31, 2020      122,200                 130

December 31, 2021       154,000                 140

December 31, 2022      176,900                 145

Which best describes how the FOMC conducts monetary policy to increase employment during a recession to achieve its maximum employment objective

Answers

The statement that best describes how the FOMC conducts monetary policy to increase employment during a recession to achieve its maximum employment objective is that "It decreases the target rate range for the federal funds rate."

This is because by decreasing the target rate range for the federal funds rate, the Federal Reserves would reduce, thereby pumping more money into the economy.

FOMC is an acronym for Federal Open Market Committee, and its central role or function is to manage the money supply.

Therefore, knowing that the recession period is characterized by low economic activities, high unemployment rate, etc., to increase the money supply in the economy, the FOMC would need to decrease the target rate range for the federal funds rate.

Hence, in this case, it is concluded that the correct answer is "It decreases the target rate range for the federal funds rate."

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Elephant is a company dedicated to the sale and distribution of wine with Designation of Origin Ribera del Duero. It was founded in 1999 and since then its sales have been increasing.
Elephant (fictitious company), has a high quality product, has won some prizes and aims to become a reference for the younger consumers.
The company has created an online sales platform and proposes a new sales strategy, based on the online channel to reach a wider market share and surpass the reach of its stores to the virtual experience.
DEVELOP
Preparation of the Marketing Plan for Elephant’s proposal, presenting the strategy and actions that will form the implementation route of the online business in the Spanish market.
Analysis of the external situation.
It will be necessary to research the Spanish market in relation to the wine sector and an analysis of its competence.
In addition, a study of electronic commerce in Spain will be necessary.
Analysis of the internal situation.
Identify the target audience and the different customer segments and their positioning.
SWOT analysis to identify the weaknesses and strengths of the company, and the opportunities and threats from abroad.

Answers

Hi how are you doing today Jasmine

Elephant made the strategic choice to broaden its sales channel to the online platform in order to increase market share and outperform the reach of its physical stores. The objectives that this business plan is in line with are as follows:

within the first year of using the online sales platform, to improve sales revenue by 20%.

to draw in younger customers and establish a reputation among them in the wine industry.

to build a solid online presence and broaden brand recognition.

to give clients a seamless and practical online purchasing experience.

Product strategy: Elephant's online store allows them to provide a greater selection of goods, such as premium wines and limited editions.

Price strategy: Elephant can provide its wines on the internet market at affordable pricing.

Place strategy: Elephant can advertise its online shopping platform via social media sites and online media.

Promotion strategy: Elephant may reach out to customers using email marketing and advertise its online store.

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The total cost of producing 15 tons of butter is $35000. If average variable cost is $530, then what is the firm's average fixed cost? (enter answer as just a number, no commas, dollar signs, or the like)

Answers

Answer:

$1803.33

Explanation:

average total cost = average variable cost + average fixed cost

average total cost = total cost / quantity = $35000  / 15 = $2,333.33

average fixed cost = $2,333.33 -  $530 = $1803.33

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