The ending Retained Earnings balance of Juan's Mexican Restaurant chain increased by $3.2 million from the beginning of the year. The company declared a dividend of $1.3 million during the year. What was the net income earned during the year?
A. $1.9 million
B. $3.2 million
C. $4.5 million
D. $1.3 million

Answer:

Explanation:

As a result, NGOs can interface easier with the sector and generally have more access to information and resources, while CBOs are formed by people as a way of responding to the needs and challenges facing their communities.  However, in some instances it is the CBOs that do the work the NGOs receive funding for

The reason for NGO and CBOS for part of the market environment should be explained below.

Since NGOs could interface easier along with the sector and normally have more access to information and resources, while on the othe rhand CBOs are created by people this represent responding to the needs and challenges that are faced by the communities.  But, in some situations,  it is the CBOs that do the work the NGOs collecting the funding.

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The next items to subtract from net sales in order to compute net income for a merchandiser are Expenses.

The expenses for a merchandiser include selling and distribution expenses.  Others are administrative expenses, including depreciation for long-term assets, and tax expenses.

Thus, o compute net income for a merchandiser, you will start with net sales, subtract the cost of goods sold and subtract other expenses.

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The manager of a hospital unit may contribute to a strategic planning project by serving on a planning committee or task force, gathering and/or analyzing data for the project, and suggesting criteria for performance measures. Thus, the correct options are A, B, and D.

Strategic planning can be referred to as the art of creating specific business strategies, implementing them, and evaluating the results of executing the plan, in regard to a company’s overall long-term goals or desires. This concept concept focuses on integrating various departments (such as accounting and finance, marketing, and human resources) within a company to accomplish its strategic goals. The term strategic planning is synonymous with strategic management.

The manager of a hospital unit may be involved in tasks such as serving on a planning committee or task force, gathering and/or analyzing data for the project, and suggesting criteria for performance measures. However, writing the organization's mission statement may not necessarily be within the scope of the hospital unit manager's responsibilities. Thus, options A, B, and D are correct.

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The Credit Accountability Commitment and Accountability Act of 2009 is just a consumer protection law that was enacted to provide consumers with further protection from unfair activities by credit card issuers.

Product safety laws are designed to shield customers against dishonest corporate tactics, subpar goods, and potentially harmful products and services. They are crucial to a stable market economy because they keep vendors honest and remove the possibility of unpleasant surprises.

Markets function properly when consumers and corporations are both protected. Consumers must have access to reliable, unbiased news about the goods and services they choose to buy. They are capable of making the right decisions based on their objectives as a result, and firms cannot take advantage of them or deceive them.

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Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

Answer:

D. banks only keep a portion of their deposits as cash reserves.

Explanation:

A fractional reserve system needs a commercial bank to maintains the customer deposit percentage at the time of custody. This means that at any time the deposit fraction should have the cash backing i.e. physical also the fraction should be maintained

So according to the given situation, the last option is correct as the bank keep a portion of the deposits in cash reserves

Answer:

The answer is C

Explanation:

Let's say that we have 100 cars unique in the world and each car's value is 10000$. Now, let's say that you have 3 cars like the last ones, 3 cars unique in the world? You won't sell them at 10000$, you have to increase the price because the cars are very rare.

In a business setting, the given occurrence we called the reverse discrimination

Reverse discrimination is the non-fair treatment of members who belong to the majority group in the workplace that depends upon race, gender, etc.

Reverse discrimination might arise at the time when the majority group like white or males are to be overlooked for following things

These should provide the preference to the minority group like for women

So therefore we can conclude that In a business setting, the given occurrence we called  the reverse discrimination

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The correct option is A. The YTM is 8.9332%.

coupon payments are made semiannually, there will be 40 coupon payments of $42.50 each ($1000 x 8.5% / 2) over the life of the bond. The principal repayment at maturity will be $1000.

we can calculate the present value of these cash flows at the current market price of 91.4% of the par value:

PV = -$914 (negative because this is an outflow)

N = 40 x 2 = 80 (since there are 40 semiannual coupon payments)

PMT = $42.50 (semiannual coupon payment)

FV = $1000 (principal repayment at maturity)

I/Y = ? (unknown yield to maturity)

Solving for I/Y, we get 4.4666% as the semiannual yield to maturity. Multiplying by 2 to convert to an annual yield, we get:

YTM = 2 x 4.4666% = 8.9332%

Yield to maturity (YTM) is an important financial concept used in the bond market to determine the expected rate of return on a bond investment. It represents the total return that an investor can expect to receive from holding a bond until it reaches maturity, assuming that all coupon payments are reinvested at the same rate.

YTM takes into account several factors that affect the bond's price, including the coupon rate, the face value, the current market price, and the time to maturity. It is calculated by solving a complex mathematical equation that equates the present value of the bond's future cash flows with its current market price. YTM is a crucial metric for investors who are considering buying or selling bonds. It helps investors compare different bond investments and assess their relative risk and reward.

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Complete Question:

Stoessel, incorporated, issued 20-year bonds 3 years ago at a coupon rate of 8. 5 percent. The bonds make semiannual payments. If these bonds currently sell for 91. 4 percent of par value, what is the ytm?

A). 8.93%

B). 9.13%
C). 9.27%

D). 8.42%

E). 9.53%

Answer:

an automatic deposit will put a set amount of money away into savings without you having to do it that way you will not have to worry about it and won't be tempted to spend it instead of saving it. it's a good strategy because it eliminates that temptation and makes it so much easier to save without falling off track

Answer : Monopolistic competition

Answer:

Monopolistic Competition

Explanation:

In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.

according to the text, maximum profits is the ultimate hallmark of success for a business.

earnings from commerce or company after covering the expenses associated with manufacturing and distributing products and services: Selling textile firms waste material allows her to make a sizable profit. Profit in economics is the difference between the income generated by an economic entity's outputs and the sum of its input costs. It is equivalent to total income less total expenses, which includes both direct and indirect expenses. The money that remains after paying your company expenditures is your profit. Gross profit, operational profit, and net profit are the three primary forms of profit. The largest profit is gross. The amount left over after paying for the sold products and services is displayed.

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By multiplying the two-week interest rate (0.052) by the number of interest periods in the year (in this case, 52/2, or 26), one can determine the yearly interest rate. The result of multiplying 26 by 0.052 is 1.352, or an annual interest rate of 135.2%.

The term "annual interest rate" refers to the interest rate that is imposed year-round. Among other time periods, interest rates may be imposed on a monthly, quarterly, or biennial basis. However, interest rates are typically annualized.

For instance, the effective yearly interest rate for a loan with a stated interest rate of 30% and monthly compounding would be 34.48%. Banks often promote the 30% advertised interest rate rather than the 34.48% effective interest rate.

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The incremental variable cost for a firm to produce one additional unit of a good is the increase in total variable cost that results from producing that additional unit.

Variable costs are costs that vary with the level of production, such as the cost of raw materials, labor, and energy.

For example, if a firm is currently producing 100 units of a good and has total variable costs of $10,000, and the incremental variable cost of producing one additional unit is $50, then the total variable cost of producing 101 units would be $10,050 ($10,000 + $50).

The incremental variable cost is important for firms to consider when making decisions about production levels, pricing, and profitability. If the incremental variable cost of producing an additional unit is less than the price the firm can charge for that unit, then producing that unit will increase the firm's profit. However, if the incremental variable cost is greater than the price the firm can charge, then producing that unit will decrease the firm's profit.

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Answer:

According to the law of supply and demand, when the demand of a good exceeds supply, the price of the good tends to rise. But when the supply of a good exceeds demand, the price of the good tends to fall.

Answer:

C!!

Explanation:

Two Major Types of Markets • Consumer Market -- All the individuals or households that want goods and services for personal use and have the resources to buy them. Business-to-Business (B2B) -- Individuals and organizations that buy goods and services to use in production or to sell, rent, or supply to others.

Cash, in addition to the down payment, that a proprietor needs to run and keep a speculation property is known as this Liquidity of cash.

Liquidity is the expense adequacy with which a resource or security can be transformed into prepared cash without affecting its reasonable worth. The most fluid resource is cash itself. Liquidity presents how much a resource can be effortlessly traded in the market at a cost showing its genuine worth.

Cash is constantly viewed as the most fluid resource since it can generally effectively be changed into different resources, for example, fine art, a real home, adornments, etc. , which are completely viewed as non-fluid.

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Answer: A

Explanation:

you will thank am me later

To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.

In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.

The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.

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Answer:

A

Explanation:

because when you have social security then you are able to secure your money or pension

Answer:

A

Explanation:

because when security are around your money will safe

The amount of the entity's revenue from each of the two customers.

The entity must disclose the amount of revenues received from a single customer that totals 10% or more of total revenues.

Financial statements are documents that outline a company's operations as well as its financial success. Government organizations, accounting firms, and other entities frequently audit financial statements to assure their accuracy and for reasons related to taxes, financing, or investment. The cash flow, income statement, cash flow statement, and statement of equity changes are the four basic financial statements used by for-profit organizations. Nonprofit organizations employ a comparable but distinct financial statement set.

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A public entity sells steel for use in construction. One of its customers accounts for 43% of sales, and another customer accounts for 40% of sales. What should the entity disclose in its annual financial statements about these two customers?

-The payment terms of accounts receivable due from each of the two customers.

-The amount of the entity's revenue from each of the two customers.

-The names of the two customers.

-The financial condition of the two customers.

Complete Question:

Under Article 7 on “hard money loans” (cash) of $30,000.00 and over for first trust deed loans, and $20,000.00 and over for junior deeds of trust, except where the new usury laws apply, the loan broker’s commission maximum is:

Group of answer choices

A. 10%.

B. 12%

C. 20%

D. As much commission as her borrower will agree to pay her.

Answer:

D. As much commission as her borrower will agree to pay her.

Explanation:

Under Article 7 on "hard money loans" (cash) of $30,000.00 and over for first trust deed loans, and $20,000.00 and over for junior deeds of trust, except where the new usury laws apply, the loan broker’s commission maximum is as much commission as her borrower will agree to pay her.

However, in some states a usury law has been passed to define the maximum rate of interest that may be charged on some hard money loans.

In real estate transactions, a hard money loan can be defined as a short-term loan or loans of last resort which is secured by a real property. These type of loans are mainly issued by the private investors (individuals or companies) rather than the common lenders such as credit union or a bank.

6. $13,600 Determine total contra revenues for the company

7. $608,700 Determine net sales for the company

To determine the total contra revenues for the company, we add up the amounts of sales allowances ($1,100), allowance for uncollectible accounts ($4,500), sales discounts ($8,200), and sales returns ($5,300), which sum up to $13,600.

To calculate the net sales for the company, we subtract the contra revenues ($13,600) from the total sales ($625,000). The result is $611,400. However, we need to further adjust this figure by subtracting the sales returns ($5,300) to arrive at net sales of $608,700.

Contra revenues represent deductions or reductions in the gross sales amount and include items like sales allowances, sales discounts, and sales returns. These amounts are subtracted from total sales to arrive at the net sales figure, which reflects the revenue generated after accounting for these deductions. In this case, the total contra revenues for MC, Inc. amount to $13,600, and their net sales amount to $608,700.

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It can be seen from the solutions given that Cain's net income is $24,000.

Net income = Net cash provided by operating activities - Adjustments

= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000

= $24,000

Therefore, Cain's net income is $24,000.

Here is a breakdown of the adjustments:

To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.

A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.

The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.

A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.

A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.

A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.

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Answer:

A. hold deposits in accounts and use that money to offer loans.

Explanation:

Depository institutions include commercial banks, credit unions, among others. They provide a safe, secure, and convenient way for customers to save money and a source of credit for households and businesses. Depository institution offers interest on deposits and uses that money to extends loans at a higher interest.

Interest on loans is the main source of revenue for depository institutions. They create loans from customer deposits and facilitate household and business expansion in the economy.

A. hold deposits in accounts and use that money to offer loans.

Adapters allow rescuers to plug their equipment into standard electrical outlets. Correct answer is A).

Adapters are the equipment that allows rescuers to plug their equipment into standard electrical outlets. An adapter is a device that enables the connection between two different types of electrical plugs or sockets. In the context of rescuers using their equipment, adapters play a crucial role in ensuring compatibility between the equipment and the electrical outlets available at the rescue site.

Standard electrical outlets can have different types of plugs and voltages depending on the region or country. Rescuers may have specialized equipment designed for specific plug configurations or voltage requirements. To ensure that their equipment can be powered and used effectively, adapters are used to bridge the gap between the different types of plugs or sockets.

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Customer is termed as the individual that consumes or uses the goods and services that are availed to them for their satisfaction or need fulfillment. The customers are known as the king of the market that decides the production of the goods and the services.

The correct answer for the blank is  b. customer relationship management.

Customer Relationship Management is termed as the process or the activities that manage the company's relationship and communications of the customers with the firm and manage to explore the potential customers or the new customers.

The main aim of CRM is to build and construct good relationships between the customer and the firm. It connects the corporate sector with the customers in order to let them know about their services.

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Answer:

B

Explanation:

The interest earned on a principal amount over a given period of time. In this case, the problem provides us with the interest rate of 7%, the time period of 5 years, and the amount of interest earned, which is $550,000.

To calculate the principal amount, we can rearrange the simple interest formula as follows:

P = I / (r * t)

Where P is the principal amount, I is the interest earned, r is the interest rate, and t is the time period.

Substituting the given values, we get:

P = $550,000 / (0.07 * 5)

P = $1,571,428.57

Therefore, the principal amount that must be invested at an annual interest rate of 7% for 5 years to earn $550,000 is $1,571,428.57.

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