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the obtaining of affiliation or direct association rights with a thing or an occasion with the intention of reaping rewards from that association
Creating a range of ways to engage a target market with a brand is generally referred to as leveraging or bringing a brand to life.Activation is the process of using various tools to engage a target audience in order to leverage or "live" a brand.
Which of the following methods will a company employ to reach its clients with its products?Using the marketing mix in a marketing plan Merchandise, cost, location, and advertising The set of tactical marketing instruments that a business utilizes to elicit the desired response from its audience is known as the marketing mix.
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Related Questions
The board of directors of Herbalife Nutrition approved a 2-for-1 stock split. After the split, how many shares of Herbalife stock will an investor have if he owned 1,020 shares before the split
Answers
If the board of directors of Herbalife Nutrition approved a 2-for-1 stock split. After the split, the number of shares of Herbalife stock will an investor have if he owned 1,020 shares before the split is:2,040 shares.
Using this formula to find the number of shares
Number of shares before the split = Number of shares owned × Stock split
Let plug in the formula
Number of shares before the split = 1,020 shares × 2/1
Number of shares before the split = 2,040 shares
Therefore we can conclude that the number of shares before the split is 2,040 shares.
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what is business mathematics ? and what are the basics of business mathematics ?
Answers
Answer: Business calculation is mathematics used by industrial companies to record and maintain enterprise operations. Profit-making organizations use mathematics in accounting, catalog management, retailing, deals forecasting, and monetary analysis.
Answer: Business mathematics are mathematics used by commercial enterprises to record and manage business operations. Commercial organizations use mathematics in accounting, inventory management, marketing, sales forecasting, and financial analysis.
You become the manager of a team historically accustomed to a very
"old-fashioned": the employees had no say in the matter, they were
considered as executors and in the service of their former manager. THE
performances were no longer there, the team being used by these
very top-down practices.
What would be your first actions as a new
manager of this team?
Answers
As the new manager of a team that has historically experienced top-down practices and low performance, my first actions would focus on creating a positive and collaborative work environment while addressing the performance issues.
Here are some steps I would take:
Build Relationships: I would make an effort to get to know each team member individually, understand their strengths, challenges, and career aspirations. Communicate a New Vision: I would clearly communicate a new vision and goals for the team, emphasizing the importance of collaboration, empowerment, and individual contributions. Encourage Employee Input: I would actively seek input and ideas from team members, encouraging them to share their perspectives, opinions, and suggestions. Delegate Authority: I would delegate meaningful tasks and responsibilities to team members, giving them opportunities to showcase their skills and take ownership of their work. Provide Support and Development: I would identify training and development needs within the team and provide resources and support to enhance their skills and knowledge. Foster Collaboration: I would promote a collaborative work environment by encouraging teamwork, cross-functional collaboration, and knowledge-sharing. Recognize and Reward Performance: I would establish a system for recognizing and rewarding exceptional performance, whether through formal recognition programs, public praise, or performance-based incentives. Regular Feedback and Performance Reviews: I would implement regular feedback mechanisms, such as one-on-one meetings or performance reviews, to provide constructive feedback, set goals, and track progress.For such more question on performance:
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Barker Company produces and sells a single product with budgeted or standard costs as follows:
Inputs Standards
Direct materials 10 lbs at $10.00 per pound
Direct labor 8 hours at $12.50 per hour
Factory overhead: Variable
Fixed 8 hours at $20.00 per hour
8 hours at $40.00 per hour
Overhead rates are based on 8,000 standard direct labor hours per month, i.e., this is the master budget denominator activity level.
Desired ending inventories of materials are based on 10% of the next months materials needed. Desired ending finished goods are based on 5% of next periods budgeted unit sales.
Unit Sales are budgeted as follows:
January February March April
1,000 1,200 1,600 1,400
The budgeted sales price is $1000 per unit. Sales are budgeted as 80% credit sales and 20% cash sales. Past experience indicates that 60% of credit sales are collected during the month of sale, 38% are collected in the following month, and 2% are uncollectible. A 1% cash discount is allowed to all customers (cash or credit) who pay within the month the sale takes place. Selling and administrative expenses are:
Variable = 20% of sales dollars, Fixed = $250,000 per month. The budget assumption concerning cash payment proportions is that all current purchases of direct material, direct labor, factory overhead and selling and administrative items will be paid for during the current period. The beginning cash balance for February is $10,000. Depreciation and other non-cash fixed costs are: manufacturing = $100,000, selling and administrative = $75,000.
REQUIRED: A Partial Master Budget for February as follows.
1. Sales budget for February, including net sales dollars.
2. Calculate collections for February.
3. Production Budget, i.e., units to be produced for February.
4. Direct Material quantity needed for production for February.
5. Direct Material quantity to be purchased for February.
6. Budgeted cost of direct material purchases for February.
7. Budgeted cost of direct material used for February.
8. Direct labor needed for production for February.
9. Budgeted cost of direct labor used for February.
10. Budgeted factory overhead costs for February.
11. Budgeted cost of goods sold for February.
12. Prepare a simple Budgeted Income Statement for February.
13. Prepare a cash budget for February.
Answers
Sales Budget for February:
Expected unit sales in February: (1,200 units × 80%) = 960 units
Sales revenue: 960 units × $1,000 per unit = $960,000
What are the calculations for other questions?Below are the calculations for all kinds of budget in February:
2. Collections Budget for February:
Credit sales in February: 960 units × $1,000 per unit × 80% = $768,000
Collections from February credit sales (60% collected in February): $768,000 × 60% = $460,800
Collections from January credit sales (38% collected in February): ($960,000 - $768,000) × 38% = $68,640
Cash sales in February: 960 units × $1,000 per unit × 20% = $192,000
Total collections in February: $460,800 + $68,640 + $192,000 = $721,440
3. Production Budget for February:
Expected unit sales in February: 960 units
Add: Desired ending finished goods inventory (5% of next period sales) = 5% × 1,600 = 80 units
Total units required: 960 units + 80 units = 1,040 units
Less: Beginning finished goods inventory (assume zero) = 0
Units to be produced: 1,040 units
4. Direct Material Quantity Needed for Production for February:
Direct materials required per unit: 10 lbs
Total direct materials required: 1,040 units × 10 lbs per unit = 10,400 lbs
5. Direct Material Quantity to be Purchased for February:
Direct materials needed for production: 10,400 lbs
Add: Desired ending materials inventory (10% of next period's materials needed) = 10% × (10,400 lbs) = 1,040 lbs
Total materials required: 10,400 lbs + 1,040 lbs = 11,440 lbs
Less: Beginning materials inventory (assume zero) = 0
Direct materials to be purchased: 11,440 lbs
6. Budgeted Cost of Direct Material Purchases for February:
Direct material purchase price: $10.00 per lb
Direct materials to be purchased: 11,440 lbs
Budgeted cost of direct materials purchases: $10.00 per lb × 11,440 lbs = $114,400
7. Budgeted Cost of Direct Material Used for February:
Direct materials used in production: 10,400 lbs
Direct material purchase price: $10.00 per lb
Budgeted cost of direct materials used: $10.00 per lb × 10,400 lbs = $104,000
8. Direct Labor Needed for Production for February:
Direct labor required per unit: 8 hours
Total direct labor required: 1,040 units × 8 hours per unit = 8,320 hours
9. Budgeted Cost of Direct Labor Used for February:
Direct labor hours required: 8,320 hours
Direct labor rate: $12.50 per hour
Budgeted cost of direct labor used: 8,320 hours × $12.50 per hour = $104,000
10. Budgeted Factory Overhead Costs for February:
Variable factory overhead rate: $20.00 per direct labor hour
Fixed factory overhead: $40.00 per direct labor hour × 8,000 standard direct labor hours per month ÷ 12 months = $26,667
Total factory overhead: ($20.00 per hour × 8,320 direct labor hours) + $26,667 = $186,667
11. Budgeted Cost of Goods Sold for February:
Direct materials: $104,000
Direct labor: $104,000
12. Prepare a simple Budgeted Income Statement for February.
Barker Company
Budgeted Income Statement
For the Month Ended February 28
Sales (1,200 units x $1,000) $1,200,000
Cost of goods sold:
Direct materials used $100,000
Direct labor 120,000
Factory overhead 40,000
Total manufacturing costs 260,000
Add: Beginning finished goods inventory 0
Less: Ending finished goods inventory (5% x 1,200 units x $1,000) (60,000)
Cost of goods sold 200,000
Gross profit 1,000,000
Selling and administrative expenses:
Variable (20% x $1,200,000) 240,000
Fixed 250,000
Total selling and administrative expenses 490,000
Net operating income $510,000
13. Prepare a cash budget for February.
Barker Company
Cash Budget
For the Month Ended February 28
Beginning cash balance $10,000
Cash receipts:
Cash sales (20% x 1,200 units x $1,000) $240,000
Collections on credit sales:
January sales (60% x 1,000 units x $1,000) 600,000
February sales (38% x 1,200 units x $1,000) 456,000
Total collections 1,296,000
Total cash available 1,306,000
Cash disbursements:
Direct materials purchases $100,000
Direct labor 120,000
Factory overhead 40,000
Selling and administrative expenses:
Variable (20% x $1,200,000) 240,000
Fixed 250,000
Total cash disbursements 750,000
Excess (deficiency) of cash receipts over disbursements $556,000
Financing:
Short-term loan (if necessary) 0
Ending cash balance $556,000
It should be noted that the cash budget assumes that all cash payments for direct materials, direct labor, factory overhead, and selling and administrative expenses are paid in the same month. The cash budget also assumes that all current purchases of direct materials, direct labor, factory overhead, and selling and administrative items will be paid for during the current period.
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Prepare a cash budget for the Ace Manufacturing Company, indicating receipt and disbursement for May, June and July. The firm wishes to maintain all times a minimum cash balance of $20,000. Determine whether or not borrowing will be necessary during the period, and if it is, when and for how much. As of April 30, the firm had a balance of $20.000 in cash.
Actual sale__________ l Forecasted sale
January $50,000 _____ l May $70.000
February $50,000_____ l June $80,000
March $60,000_______ l July $100,000
April $60,000________ l August $100,000
- Account receivable: 50% of total sale are for cash in current month. The remaining 50% will be collected equally during the following two month.
- Cost of goods sold: 80% of sale. 75% of this cost is paid the following month.
- Selling, general, and administrative expense: $10,000 per month plus 10% of sale. All of these expenses are paid during the month of incurrence.
- Interest payment: A semiannual interest payment on $150,000 of bonds outstanding for a year is paid during July and December. An annual $50,000 sinking fund payment is also made in August.
- Dividend: A S10,000 dividend payment will be declare and made in July.
- Capital expenditure: $40,000 will be invested in plant and equipment in June.
- Taxes: Income tax payment of $1,000 will be made in July.
Answers
The cash budget for the Ace Manufacturing Company is attached accordingly.
What is the explanation for this?Ace ManufacturingCompany will need to borrow $10,000 in July to meet its minimum cash balance of $20,000. Cash inflows fluctuate due to seasonal sales, while outflows include costs, expenses,and interest payments.
The company will repay the loan in August with its annual sinking fund payment. Cash flow is highest in July, with net cash flow of $18,000, while May and June have lower net cash flows of $7,000 and $6,000, respectively.
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True or False. You should use your net income, or income after taxes have been taken out, to create a more accurate budget.
Answers
Answer:
The answer is true Goodluck
Southard was stranded in Hawaii as the result of an airline strike. he had purchased a round-trip ticket before leaving his home in Denver. He sued the union for tortious interference with his contract with the airline and sought to recover the additional expense he incurred on another airline. Was the union liable to mr. southard?
Answers
Southard was stranded in Hawaii as the result of an airline strike. It would depend on the specific circumstances of the case and the laws in the jurisdiction where the lawsuit is filed.
Where is Hawaii?Generally, for the union to be liable for tortious interference with the contract, it would need to have intentionally interfered with the contract between Southard and the airline, and caused Southard damages as a result.
Additionally, the union would have to have acted without legal justification or excuse. Without more information, it is difficult to say whether the union would be liable in this case.
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A bank is preparing a financial asset for trading in the over-the-counter market. It most nearly sounds as though they are _____. securitizing securitizing collateralizing a loan collateralizing a loan creating a derivative creating a derivative offsetting negative risk
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A bank is preparing a financial asset for trading in the over-the-counter market. It most nearly sounds as though they are a derivative offsetting negative risk. The correct option is D.
What are over-the-counter financial instruments?OTC securities are those that are not listed on a national securities exchange. The majority of these securities are traded on Alternative Trading Systems (ATSs), which are quotation mediums that may include electronic interdealer quotation systems that show quotes from broker-dealers for many OTC securities.
In over-the-counter markets, trading is done electronically rather than in a physical location. An auction market system is very dissimilar from this. Dealers serve as market makers in OTC markets by quoting prices at which they will buy and sell securities, currencies, or other financial products.
Thus, the ideal selection is option D.
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Sellers allow customers to use credit cards for all of the following reasons: (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
a. seller does not have to decide who gets credit
b. seller accepts the risk for extending credit to customers
c. seller receives cash sooner than if credit is granted directly to the customers
d. may allow seller to increase sales volume
e. seller determines which customers receive credit and how much
Answers
Answer:
c. seller receives cash sooner than if credit is granted directly to the customers
d. may allow seller to increase sales volume
Explanation:
When a customer uses a credit card, the bank that issued the card pays the seller immediately, and later, the bank recovers the money plus interest from the customer.
So this method allows for a faster collection of cash (basically immediatly) than if the seller granted the credit directly to the customer.
Credit cards also allow seller to increase sales volume because many people lack the cash necessary to pay down the full value of the purchase.
Sellers allow customers to use credit cards for the following reasons:
a. Seller does not have to decide who gets credit.
c. Seller receives the cash sooner than if credit is granted directly to the customers.
d. May allow seller to increase sales volume.
Usage of credit cards:
At the time when the customer used the credit card, so the payment is done immediately by the card but the bank should recovered the amount by adding the interest. Also, it permits the quicker collection of the cash.
Therefore, the above 3 statements should be correct.
And, the rest of the options are incorrect.
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what is short term debt?
Answers
Answer:
Explanation:
short term debt is debt that needs to be paid off in a short term. for example bank loans
Answer:
Debet is credit. it means debt is oweing someonea favor either for lending a money or for helping them in time of need.
Which statement about small businesses is true?
Answers
Answer:
The first job for most Americans is likely to be in a small business.
Explanation:
48% of Americans work in small businesses.
There are 31.7 million small businesses in the US.
Small businesses make up about 50 percent of the GDP.
Small businesses actually employ about tow thirds of private sector employees.
The statement that the first job for most Americans is likely to be in a small business is true.
What is a small business?Small businesses operate on a smaller scale, requiring less capital, fewer employees, and fewer machines to operate. The kind of industries or small businesses that generate goods and services on a small scale are known as industries. These industries are crucial to the growth of a nation's economy. The owner either makes a single investment in machinery, businesses, and plants, or opts to lease or hire these items. Less than one crore is invested in these sectors. Paper, toothpick, pen, bakeries, candles, local chocolate, and other small-scale enterprises are a few examples. These businesses are typically located in urban areas as a separate entity.
While small businesses can often implement the same quality management systems as larger corporations, they may face unique challenges along the way. Small businesses, for example, typically have fewer human resources and less upfront capital to devote to quality initiatives. In a smaller business, however, upper management commitment and accessibility may be stronger, and internal communications may be more straightforward.
Small business personnel's perceived values tend to become common factors in their behavior and can become important factors that generate good long-term performance. Upper management can make a significant contribution to small business culture development if they can express values and ideas to help guide personnel efforts.
The struggle for organizational excellence may be particularly challenging for many small organizations due to constrained resources and competing agendas. The Baldrige self-assessment form is a great addition to the standard SWOT (strengths, weaknesses, opportunities, and threats) analysis for small business owners launching a quality program.
Organizational values are ideas that characterize a specific aspect of the culture and are communicated through ideas like values, mission, vision, policies, and objectives. Usually, the leadership establishes these ideas, and then the staff members accept them.
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Which best describes how consumers may benefit from specialization?
Consumers can only purchase high-quality goods.
Consumers have more price options.
O Consumers receive more sale offers.
O Consumers find products at lower prices.
Answers
In specialization a company have produced the product at different price levels. Consumers have more price options.
What is consumer?A consumer is a person who purchases the goods and or services from the business and is also the ultimate user of the products or services. In specialization the company produces a certain product at many different levels by which they have many price options available which vary according to their customization and quality that can be offered to the consumers and hence the customer can purchase different types of a single product from a single company or Brand.
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A very large company would be most likely to have a(n) ___ at the ahead of its accounting department.
A. Executive vice president
B. Controller
C. Chief financial officer
D. Accounting manager
Answers
A very large company would be most likely to have a Chief financial officer as the head of its accounting department.
The Chief Financial Officer (CFO) would most likely be in charge of the accounting division of a very large corporation. A company's Chief Financial Officer (CFO) is in charge of all financial operations, including accounting, budgeting, financial reporting, and forecasting. The day-to-day accounting activities of a corporation are managed by the controller, who holds a mid-level role. The basic duties of the accounting manager include leading a group of accountants and supervising the creation of financial statements and reports. Even though the executive vice president may be in charge of the entire organization, they could not have specific knowledge of accounting and finance.
A Chief Financial Officer (CFO) is a senior executive accountable for directing the financial actions of a firm. Monitoring cash flow, assessing the firm's financial advantages and disadvantages, and creating strategies for financial expansion are all tasks assigned to the CFO. Also, they are in charge of supervising the creation of predictions and current financial reports. In conclusion, the CFO is essential to the efficient management of a company's finances.
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Which of these is an example of a monopoly? Utility companies Soda companies Airlines Computer companies
Answers
Utilities firms are one example of a monopoly among the possibilities given. When they are the exclusive provider of these necessary services in a certain region, utility firms, such as those that provide electricity, water, or natural gas, frequently act as Monopoly. As a result, customers are virtually forced to adopt the services offered by the local utility company since they have no other alternatives.
The Landlord's Game, which was developed by Lizzie Magie in the United States in 1903 to advance Henry George's economic theories, particularly his views on taxation, and to show that an economy that rewards Utilities individuals is preferable to one in which monopolies hold all the wealth, is the source of Monopoly.
The Landlord's Game originally featured two sets of rules, one that included taxes and another that serves as the foundation for the present regulations.
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Carlos transfers property with a tax basis of $965 and a fair market value of $1,135 to a corporation in exchange for stock with a fair market value of $995 and $67 in cash in a transaction that qualifies for deferral under section 351. The corporation assumed a liability of $73 on the property transferred. What is the corporation's tax basis in the property received in the exchange
Answers
Answer:
$1,032
Explanation:
Calculation for the corporation's tax basis in the property received in the exchange
Based on the information given we were been told that he made a transfer of property with a TAX BASIS of the amount of $965 which as well include a FAIR MARKET VALUE of the amount of $67 which simply indicates or means that the amount of $1,032 ($965+$67) is the tax basis amount of the property that was received in the exchange.
Tax BASIS =Tax basis +Fair market value
Tax BASIS=$965+$67
Tax BASIS=$1,032
Therefore the corporation's tax basis in the property received in the exchange will be $1,032.
Your company is building a new office site in a different state. You want to show your board members the progress of construction.
What should you use to illustrate the data?
a) Photographs
b) A flowchart
c) An organizational chart
Answers
Deposits of $1,530 each were received for advance tour reservations from 10 school groups. At November 30, all of these
deposits have been earned.
Answers
Task: Now that you are about 50% completed with your course, I would like for you to take this time to reflect on your current grade. Your task is to:
1. Review your grade by looking up your Actual Grade and Progress.
2. Write a 3-4 sentence reflection piece on how you aim to continue thriving or how you will improve your grade. This
must be in complete sentences in order to recieve appropriate credit.
Once you have gathered your information, you will enter it below in paragraph form. Everything must be in complete sentences. Please check for any grammar and/or punctuation errors.
Answers
Answer:
I don't really think you need help with this but umm you can write after looking at your grade: *this is an example*
Explanation:
(For online)
"I would like to improve my grade by focusing more and not getting distracted. Another way I would like to improve my grade is where I can work without any noise. Lastly, I would like to improve my grade by turning off any electronics in sight or reach."
(Longer sentence with some grammar and/or punctuation errors checked):
"I would like to generally improve my grade by focusing kind of more and not getting distracted, particularly contrary to popular belief. Another way I would like to mostly improve my grade basically is where I can work without any noise, which specifically is quite significant. Lastly, I would like to kind of improve my grade by turning off any electronics in sight or reach, or so they for the most part though."
-------------------------------------------------------------------------------------------------------------
(For face to face school)
"I would like to improve my grade by asking the teacher for help when needed. Try and ignore my friends when they try and talk to me in class (if you're with friends), Try and ignore people around me if they talk to each other or if they talk to me (without friends). Focus on my work and take notes when asked or needed."
(Longer sentence with some grammar and/or punctuation errors checked):
"I would like to for the most part improve my grade by asking the teacher for particular help when needed, or so they definitely thought. Try and mostly ignore my friends when they for the most part try and definitely talk to me in class (if you're with friends), generally Try and basically ignore people around me if they really talk to each definitely other or if they, for the most part, talk to me (without friends), basically contrary to popular belief. Focus on my work and particularly take notes when for all intents and purposes asked or needed, demonstrating how literally try and for the most part ignore my friends when they mostly try and specifically talk to me in class (if you\'re with friends), actually Try and basically ignore people around me if they, for the most part, talk to each definitely other or if they actually talk to me (without friends), which particularly is fairly significant."
Lastly:
Good Luck!
All leaders tend to share several common characteristics.
O True
O False
Answers
Answer:
O True
Explanation:
The data given below are from the accounting records of the Kuhn Corporation:
Net Income (accrual basis) $45,000
Depreciation Expense $9,000
Decrease in Accounts Payable $2,500
Decrease in Inventory $3,000
Increase in Bonds Payable $10,000
Sale of Common Stock for cash $30,000
Increase in Accounts Receivable $4,500
Based on this information, the net cash provided by operating activities using the indirect method would be:__________.
a. $55,000
b. $58,000
c. $50,000
d. $60,000
Answers
The net cash provided by operating activities using the indirect method would be: c. $50,000.
Net Cash From Operating Activities
Net income $45,000
Depreciation expense $9,000
Decrease in accounts payable ($2,500)
Decrease in inventory $3,000
Increase in accounts receivable ($4,500)
Net cash provided by operating activities $50,000
Inconclusion the net cash provided by operating activities using the indirect method would be: c. $50,000.
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What claims does this advertisement make? Check all that apply.
Answers
Fabuzene is secretly used by famous individuals. Your heath will improve after taking Fabuzene. Medical research has established the safety and efficacy of Fabuzene for weight reduction. Cost of Fabuzene is just $29.95. Losing weight is simple with Fabuzene.
Why do product promises made by advertisers?Category-leading product claims primarily seek to educate, reassure, or advance a market segment that customers are not yet completely aware of. Companies that are creating a new market explain what they provide and why people need it in this manner.
A declaration is something like a juice company saying that it use organic fruits to create its product. Claims commonly garner the focus of a target market and create intrigue.
This is how companies that are pioneering a new industry describe what they offer and why people need it.
Therefore, claims need Fabuzene
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The given question is incomplete. Complete question is given below.
What claims does this advertisement make? Check all that apply. Famous people secretly use Fabuzene. Fabuzene will make you feel healthier. Medical studies have proven that Fabuzene is safe and effective for weight loss. Fabuzene only costs $29.95. Using Fabuzene is an easy way to lose weight.
Prepare the journal entries to record the following transactions of Wildhorse Company's books under a perpetual inventory system. Clarify which are debit and which are credit.
(a) On March 2nd, Windsor Company sold $854,200 of merchandise to Wildhorse Company on account, terms 2/10, n/30. The cost of merchandise sold was $517800.
(b) On March 6th, Wildhorse Company returned $109800 of the merchandise purchased on March 2nd. The cost of the merchandise returned was $66800.
(c) On March 12th, Windsor Company received the balance due from Wildhorse Company.
Answers
a) Credit Inventory for $517,800
b) Debit Inventory for $66,800
c) Credit Accounts Receivable (or Trade Receivables) for the same amount
(a) The journal entry to record the sale of merchandise from Windsor Company to Wildhorse Company on March 2nd would be:
Debit Accounts Receivable (or Trade Receivables) for $854,200
Credit Sales Revenue for $854,200
Debit Cost of Goods Sold for $517,800
Credit Inventory for $517,800
The debit to Accounts Receivable represents the amount owed by Wildhorse Company for the merchandise purchased on account. The credit to Sales Revenue recognizes the revenue generated from the sale. The debit to Cost of Goods Sold recognizes the cost of the merchandise sold, and the credit to Inventory reduces the inventory balance as the goods are no longer in stock.
(b) The journal entry to record the return of merchandise by Wildhorse Company on March 6th would be:
Debit Sales Returns and Allowances for $109,800
Credit Accounts Receivable (or Trade Receivables) for $109,800
Debit Inventory for $66,800
Credit Cost of Goods Sold for $66,800
The debit to Sales Returns and Allowances reduces the revenue from the original sale. The credit to Accounts Receivable reduces the amount owed by Wildhorse Company for the returned merchandise. The debit to Inventory increases the inventory balance as the goods are returned to stock, and the credit to Cost of Goods Sold reduces the cost of the merchandise originally sold.
(c) The journal entry to record the payment received by Windsor Company on March 12th would be:
Debit Cash (or Bank) for the amount received from Wildhorse Company
Credit Accounts Receivable (or Trade Receivables) for the same amount
The debit to Cash represents the inflow of funds from the customer's payment. The credit to Accounts Receivable reduces the amount owed by Wildhorse Company, reflecting the settlement of the outstanding balance.
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An individual taxpayer reports the following items for the current year: Ordinary income from Partnership A, operating a movie theater in which the taxpayer materially participates $70,000 Net loss from Partnership B, operating an equipment rental business in which the taxpayer does not materially participate (9,000) Rental income from building rented to a third party 7,000 Short-term capital gain from sale of stock 4,000 What is the taxpayer’s adjusted gross income for the year?
Answers
Answer:
$74,000
Explanation:
Calculation to determine the taxpayer’s adjusted gross income for the year
Taxpayer’s adjusted gross income=Net loss from Partnership B+Capital gain from sale of stock
Let plug in the formula
Taxpayer’s adjusted gross income=$70,000+ $4,000
Taxpayer’s adjusted gross income=$74,000
Therefore the taxpayer’s adjusted gross income for the year is $74,000
What is the executive branch mainly responsible for?
Answers
To executive and uphold the laws passed by Congress, the President appoints the heads of all executive branches of government, including the Cabinet. In an emergency, the vice president is capable of acting as president.
The President, his or her advisors, and other departments and organisations make up the executive branch. The duty of this branch includes upholding the law. The executive branch is made up of the organisations and agencies listed below: Bills are approved or rejected by the President's Executive Office (White House). represent our country when interacting with other nations. enforce the legislation passed by the Congress.
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Q2. Describe three roles of the Government in a Planned or Command Econom
What are some of its function?
Answers
Answer:
Three roles of government in a planned economy:
*Planning economic activity: in a planned or command economy, the government actually plans the economy, in the sense that it determines the amount of goods and services to be produced an distributed over a period of time. In the Soviet Union for example, this period of time was of 5 years.
*Owning businesses: in planned or command economies, most or all firms are public, since private property usually does not exist in this type of economices. These firms tend to have a high degree of government control, where directly in the form of government ownership, or indirectly.
*Setting prices: a key characteristic of a planned economy is that prices are set beforehand. They are not left for the market to decide.
You purchased 1,350 shares of stock in Natural Chicken Wings, Inc., at a price of $43.58 per share. Since you purchased the stock, you have received dividends of $1.09 per share. Today, you sold your stock at a price of $47.76 per share. What was your total percentage return on this investment?A. 10.84%B. 12.09%C. 13.76%D. 9.59%E. 12.90%
Answers
Answer:
B. 12.09%
Explanation:
Calculation for the total percentage return on this investment
Investment total percentage return= ($47.76 per share -$43.58 per share+$1.09 per share/$43.58) × 100
Investment total percentage return= $5.27/$43.58 × 100
Investment total percentage return= 0.1209× 100
Investment total percentage return= 12.09%
Therefore the total percentage return on this investment will be 12.09%
St. Augustine Corporation originally budgeted for $360,000 of fixed overhead at 100% of normal production capacity. Production was budgeted to be 12,000 units. The standard hours for production were 5 hours per unit. The variable overhead rate was $3 per hour. Actual fixed overhead was $360,000, and actual variable overhead was $170,000. Actual production was 11,700 units. The fixed factory overhead volume variance is a.$5,500 favorable b.$9,000 unfavorable c.$5,500 unfavorable d.$9,000 favorable
Answers
Answer:
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Explanation:
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Explain how implementing these public policies could result in “trade-offs” that harm other broad social goals
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Answers
Placing a tax on soda restricts the freedom of producers and consumers to sell and buy a legal food.If the tax restricts consumption of sugary drinks and leads to reduced obesity, this may improve economic security for workers and if this improves productivity, it can increase economic growth.
Providing subsidies for farmers increases security for the farmers and for consumers who see more stable food prices.However, subsidies result in inefficient farms remaining in business and keep food prices artificially low, harming lower-cost farm producers in other countries. Low food prices may be viewed as providing equity for consumers.
What is economic systems?
All economic systems strive to achieve a set of broad social goals, including economic efficiency, equity, freedom, growth, security and stability. How these goals are prioritized and how successful an economy is at attaining these goals influences the quality of life for all its citizens.
Achieving theses goals is difficult because although the goals complement each other in some cases but in many cases there are trade-offs to face.
What is Trade-offs?
It is a situational decision that involves diminishing or losing one quality,quantity or property of a set or design in return for gains in other aspects.
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Unit: Exploring Career Options
This activity will help you meet these educational goals:
• Content Knowledge—You will research career optionsin different career clusters and pathways.
• Inquiry—You will conduct online research in which you will collect information, make observations, and communicate your results in written form.
• 21st Century Skills—You will employ online tools for research and analysis, use critical-thinking skills, and communicate effectively.
Introduction
In this activity, you will research and choose three career pathways that are suited to your personality and natural talents. Then, you will determine the academic requirements, the skills you would need, and colleges or training programs for each of the three career pathways.
__________________________________________________________________________
Directions and Analysis
Task 1: Academic Requirements for Your Career
Choose three career clusters that interest you and that you think you are suited for, considering your natural talents and personality traits.Choose a career pathwayor a specific career within each cluster and determine the academic requirements for an entry-level job in each pathway. You may use this jobs information network to identify the academic requirements.
Type your response here:
Task 2: Skills for Your Career
Identify the skills that you would need to acquire for success in each of the career pathways that you chose in the previous task. You may use this jobs information networkto complete this task.
Type your response here:
Task 3: Training Programs for Your Career
Research and list at least three colleges or training programs in your state for each of your chosen career pathways. Then, for each career pathway determine which school would be the best choice for you, and why.
Type your response here:
__________________________________________________________________________
Answers
To evaluate oneself, take a professional test.
Find out more about the careers that most interest you.
Find out if you need to get retrained.
Investigate the businesses and industries that interest you.
What does the phrase "career exploration" mean?After you have a better understanding of your personality, values, talents, and interests, you should engage in career exploration. It means deliberately scanning a list of occupations that fit you well and doing some study to find out exactly what that career path entails.
What value does career exploration have?The first stage in assisting a student in achieving long-term employment goals is career exploration. This investigation can assist a student in finding a path that appeals to them, is rewarding, and leads to the profession they want.
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Apple rolled out new versions of its popular iPod music player. CEO Tim Cook also unveiled cheaper models of its Touch music player, a touchscreen-only device. An 8-gigabyte version now costs $229, down from $299. A 32-gigabyte model costs $399, down from $499. Suppose when the price of an iPod decreases by 20 percent, the number of songs downloaded on iTunes increases by 30 percent. Based on this information iTunes are
A. complements to iPods.
B. substitutes for iPods.
C. an inferior good.
D. a normal good.
Answers
Answer:
It should be A
Explanation:
I hope this helps