The following accounts appear in the ledger of Oriole Company after the books are closed at December 31, 2020.

Common Stock, no par, $2 stated value, 393,000 shares authorized; 284,000 shares issued $ 568,000
Common Stock Dividends Distributable 25,000
Paid-in Capital in Excess of Stated Value—Common Stock 1,110,000
Preferred Stock, $5 par value, 8%, 38,000 shares authorized; 28,700 shares issued 143,500
Retained Earnings 758,000
Treasury Stock (13,800 common shares) 96,600
Paid-in Capital in Excess of Par—Preferred Stock 343,000
Accumulated Other Comprehensive Loss 34,500

Prepare the stockholders’ equity section at December 31, 2020, assuming retained earnings is restricted for plant expansion in the amount of $112,000. For capital stock first enter the preferred stock details.

Answer:

Andy's demand for beer will increase.

Explanation:

Andy’s demand for beer will increase because it is given that pizza and beer are complements. Therefore, there is an inverse relationship between the price of one complement goods and the number of other complement goods. Here, we can see that price of one good ( say pizza) decreases so the demand for other goods (say beer) will increase because there is an inverse relationship between these commodities.

The activity variance for selling and administrative expense in December is negative, which means that the actual expense was less than what we would expect based on the flexible budget.

To calculate the activity variance for selling and administrative expense in December, we need to use the cost formula provided by Lartey Corporation, which is $22,200 per month plus $27 per unit.

First, let's calculate the planned (budgeted) selling and administrative expense for December based on the planned activity level of 5,300 units:

Planned selling and administrative expense = $22,200 + ($27 x 5,300) = $171,900

Next, we can calculate the flexible budget for selling and administrative expense based on the actual level of activity, which was 5,270 units:

Flexible budget for selling and administrative expense = $22,200 + ($27 x 5,270) = $170,790

Finally, we can calculate the activity variance by subtracting the flexible budget from the actual selling and administrative expense:

Activity variance = Actual selling and administrative expense - Flexible budget
Activity variance = $168,150 - $170,790
Activity variance = -$2,640

The activity variance for selling and administrative expense in December is negative, which means that the actual expense was less than what we would expect based on the flexible budget. This could be due to cost savings or efficiencies in the company's operations.

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The best option for Lexi, who needs access to funds anytime she wants to pay her rent and other bills, would be a checking account (option A).

Checking accounts offer features such as check writing, debit card usage, and online banking, allowing Lexi to conveniently and quickly access her money whenever needed. With a checking account, she can easily pay bills by writing checks or using electronic payment methods.

In contrast, options B and C, a certificate of deposit (CD) and a savings account, respectively, may not be the best fit for Lexi's immediate needs. A CD typically requires the funds to be locked in for a specified period of time, usually ranging from a few months to several years, with limited or no access to the funds until the maturity date.

Option D, a money market account, is another viable choice for Lexi. Money market accounts often offer higher interest rates than traditional savings accounts, and they also provide check-writing and debit card capabilities. However, some money market accounts may have minimum balance requirements or limitations on the number of transactions.

Option A.

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Answer:

Yes, I feel like anyone can be taught what charitable means and what it is. Its all about helping..and anyone could learn that without being taught

Explanation:

A clinic encourages its customers to have their bond checked with the claim that one out of four 60-year-old men need to be supplemented with glucosamine. If this is true, then the probability of the following events is Two out of the next eight 60 year old men need to be supplemented with glucosamine.

Glucosamine is a naturally occurring compound in the body. It is required for the formation and repair of cartilage as well as other body tissues.

Because glucosamine production slows in age, some people take glucosamine supplements to help them fight aging-related health issues like osteoarthritis. The majority of supplements are made from the shells of marine life, such as prawns and crabs.

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asdfghjaaaaaaaaaaaaaaaaaaasssssssssssssssssssssssddddddddddddddddddddfffffffffff

Answer:

bhgvggfccftcfcuvftvftcftcvtvftfvfgtuvvvgghgggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggg

Explanation:

i win

Ask the name and purpose of the Loan documents as A Notary Signing Agent with nearly 10 years experience has reviewed and is completely familiar with all the documents in a loan package.

Loan package is the documentation and the business plan that provides loan or money on installation to the lender to review to analyze whether the loan has been approved or not. It takes a lot of rime in approving a loan as bank has to see the backgrounds and other information.

Thus, Ask the name and purpose of the Loan documents

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Max has reached the "demonstrate" step in the sales process by showing the potential customer how a particular cleaning product works. This step involves demonstrating the features and benefits of the product to the customer in order to persuade them to make a purchase.

Answer: - demonstrate

Explanation:

Answer: I did not agree that the agreement of trial balance is an indication that all transactions have been properly recorded in the books of account .it only means that certain types of errors have not been made.

Explanation:

Trial balance is an account prepared in order to test the arithmetical accuracy of entries in the ledger account. When a double entry principle has been observed then the total of debit entry must equal the total of credit entry in the trial balance. The balancing of the two sides of the trial balance does not mean that the account is correct. It means that certain types of errors have not been made. In the sense that there are several types of error which will not affect the balancing of trial balance such as the compensating error, error of original entry, error of omission, error of commission and so on will not affect the balancing of trial balance.

Answer:

Medium of Exchange

Explanation:

A medium of exchange is an instrument used as an intermediary to facilitate the exchange of goods and services. A good medium of exchange must give a fair valuation of the items being traded. Money is a widely accepted medium of exchange.

Almost all items in a market have a monetary value attached to them. A Buyer or seller would easily know the amount of money needed to trade an item. The $50 is being used as a medium of exchange for the purchase of groceries. The seller accepts the money if they agree with the buyer on the quantity of groceries worth $50.

Answer:

COGS= $11,600

Explanation:

Giving the following information:

Beginning inventory= 735 units for $8

During February the company produced 700 units for $12 per unit.

Units sold= 1,100

Under the LIFO (last-in, first-out) method, the cost of goods sold is calculated using the cost of the last units produced.

COGS= 700*12 + 400*8

COGS= $11,600

Answer:

organization has a team oriented culture because it is collaborative and values teamwork and cooperation among employees.

Explanation:

hope this helps if not please let me know

The project's Year 4 cash flow, CF, is just the same as the Year 3 cash flow, CF.

The project's estimated working life is 10 years, during which time income and operating expenses are anticipated to remain stable. We are unable to compute the precise quantities of income and costs because we are not provided with this information. Instead, we'll presump that the project will produce a steady annual cash flow (CF) for the course of its ten-year lifespan. We do not need to account for any depreciation costs for the project because the equipment is depreciated at time zero. The yearly cash flow generated by the endeavor, which we'll assume is CF, will be equal to the cash intake in Year 4 of the project. All operating expenses related to the project in that year, in addition to any taxes that must be paid, will be included in the cash outflow in Year 4. We are unable to compute the particular operational costs or tax rates because we are not given this information. Instead, we'll assume that the project's constant yearly cash flow includes the operational expenses and taxes.

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Answer:

cheap things like snacks and lighters

Explanation:

To encourage impulse purchases, inexpensive items such as snacks and lighters are placed near the cash registers.

A cash register is also known as a machine-controlled money handling system. It is a mechanical device used at a point of sale to register and calculate transactions.

It is typically attached to a storage space and applied to store cash and other valuables. In order to encourage impulse purchases, inexpensive items such as snacks and lighters are strategically placed near cash registers.

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By raising the cost of imported products and services and decreasing their appeal to domestic consumers, tariffs are used to limit imports.

Consumers are those who buy products for their own needs and use or consume them. Although a customer cannot resell the good, product, or service, he or she may use it to support himself or herself and engage in self-employment. Describe a consumer. The person who uses any goods or services on a daily basis is the consumer.

A tariff, sometimes known as an import tax, is the most prevalent trade barrier. Due to tariffs, imported items are more expensive than domestic ones (goods produced at home). Government subsidies to a specific home industry are another frequent trade obstacle. Producing those things is less expensive thanks to subsidies than it is for export.

Therefore, Tariffs are used to restrict imports since they increase the cost of imported goods and services and lessen their attraction to domestic consumers.

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Answer:

The straight-line depreciation method

Explanation:

Under the straight-line method, the depreciation amount is a percentage of the asset value at cost. The percentage is the depreciation rate. It is obtained by dividing one by the number of useful years.

i.e. depreciation rates =1/ useful life  x 100.

Since the depreciation rate will be constant, and the asset cost does not change its value, the depreciation amount will be a constant figure throughout the useful life of the asset.

Answer:

kk I'll report them! :)

Answer:

Ok I'll report him tho kdheineje

Tracking and managing the gross profit margin percentage empowers businesses to assess financial performance, control costs, set prices effectively, benchmark against competitors, make informed decisions, and ensure financial stability and growth.

Tracking and managing the gross profit margin percentage in a business offers several advantages:

Financial Performance Analysis: The gross profit margin percentage provides a clear picture of a company's financial performance by measuring the profitability of its core operations. It indicates how effectively the company is generating revenue and managing its direct costs. By tracking this metric over time, businesses can assess their profitability trends and make informed decisions to improve their financial health.

Cost Control and Pricing Strategy: Monitoring the gross profit margin percentage helps in evaluating and controlling costs associated with production or service delivery. By understanding the direct costs and their impact on profitability, businesses can identify areas where cost reductions or efficiencies can be implemented. Additionally, the gross profit margin percentage can guide pricing decisions, as businesses need to set prices that not only cover costs but also generate sufficient gross profit to support operations and growth.

Performance Benchmarking: Comparing the gross profit margin percentage with industry standards or competitors can provide insights into a company's competitiveness and efficiency. It enables businesses to assess their relative performance in terms of profitability and identify areas for improvement. Benchmarking against industry leaders can also inspire strategies for enhancing profitability and market positioning.

Decision Making: The gross profit margin percentage is a valuable tool for making informed business decisions. It helps in evaluating the profitability of different products, services, or customer segments. By analyzing the gross profit margin percentage associated with each, businesses can identify their most profitable offerings and allocate resources accordingly. It also assists in assessing the viability of new business opportunities or expansion plans by estimating their potential impact on profitability.

Financial Stability and Growth: Tracking and managing the gross profit margin percentage contributes to the financial stability and growth of a business. A healthy and consistent gross profit margin indicates that a company is generating sufficient revenue to cover direct costs and contribute towards covering overhead expenses and generating net profit. It provides a foundation for reinvestment, expansion, and long-term sustainability.

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Explanation:

A manufacturer of computer memory chips produces chips in lots of 1000. If nothing has gone wrong in the manufacturing process, at most 7 chips each lot would be defective, but if something does go wrong, there could be far more defective chips. If something goes wrong with a given lot, they discard the entire lot. It would be prohibitively expensive to test every chip in every lot, so they want to make the decision of whether or not to discard a given lot on the basis of the number of defective chips in a simple random sample. They decide they can afford to test 100 chips from each lot. You are hired as their statistician.

There is a tradeoff between the cost of eroneously discarding a good lot, and the cost of warranty claims if a bad lot is sold. The next few problems refer to this scenario.

Problem 8. (Continues previous problem.) A type I error occurs if (Q12)

Problem 9. (Continues previous problem.) A type II error occurs if (Q13)

Problem 10. (Continues previous problem.) Under the null hypothesis, the number of defective chips in a simple random sample of size 100 has a (Q14) distribution, with parameters (Q15)

Problem 11. (Continues previous problem.) To have a chance of at most 2% of discarding a lot given that the lot is good, the test should reject if the number of defectives in the sample of size 100 is greater than or equal to (Q16)

Problem 12. (Continues previous problem.) In that case, the chance of rejecting the lot if it really has 50 defective chips is (Q17)

Problem 13. (Continues previous problem.) In the long run, the fraction of lots with 7 defectives that will get discarded erroneously by this test is (Q18)

Problem 14. (Continues previous problem.) The smallest number of defectives in the lot for which this test has at least a 98% chance of correctly detecting that the lot was bad is (Q19)

(Continues previous problem.) Suppose that whether or not a lot is good is random, that the long-run fraction of lots that are good is 95%, and that whether each lot is good is independent of whether any other lot or lots are good. Assume that the sample drawn from a lot is independent of whether the lot is good or bad. To simplify the problem even more, assume that good lots contain exactly 7 defective chips, and that bad lots contain exactly 50 defective chips.

Problem 15. (Continues previous problem.) The number of lots the manufacturer has to produce to get one good lot that is not rejected by the test has a (Q20) distribution, with parameters (Q21)

Problem 16. (Continues previous problem.) The expected number of lots the manufacturer must make to get one good lot that is not rejected by the test is (Q22)

Problem 17. (Continues previous problem.) With this test and this mix of good and bad lots, among the lots that pass the test, the long-run fraction of lots that are actually bad is (Q23)

When the debit portion of an adjusting entry is used to increase the balance of an asset account, the credit portion of the entry will decrease the balance of another account, which will be either a liability account or an equity account.

What is the adjusting entry?Adjusting entries are journal entries that are made at the end of an accounting period to modify the accounts' balances. They are done to update and verify revenue and expense accounts' accuracy, as well as to adjust the balance sheet accounts for adjustments that have yet to be recorded.When should adjusting entries be made?Adjusting entries are typically made at the end of an accounting period. For example, adjusting entries may be needed if a company's insurance premiums have been paid in advance, or if a company has earned revenue but has not yet received payment.Adjusting entries are critical in determining the correct profit and loss as well as the balance sheet, which is why they must be accurate and complete.Adjusting entries are required for each financial statement's following types:Income Statement - revenue and expense accounts are adjusted.Balance Sheet - asset, liability, and equity accounts are adjusted.How are adjusting entries made?Adjusting entries are made with the following steps:Step 1: Determine the transaction or event that necessitates an adjustment. Step 2: Determine which accounts are affected by the transaction or event. Step 3: Decide whether each account is to be debited or credited. Step 4: Make the necessary adjusting journal entries.

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Explanation:

do not know what you are looking for

Answer:

rat

Explanation:

Answer:

Well there Hell to work with they think everything belongs to them and there just brats.

Explanation:

LIFO (last-in, first-out) is a cost flow assumption used by firms to value their inventory, in which the last goods placed in inventory are the first items sold. As a result, the oldest acquired or generated inventory remains at the conclusion of the term.

The final expenses available at the moment of sale are the first to be withdrawn from the Inventory account and charged to the Cost of Goods Sold account under everlasting LIFO. We cannot wait till the end of the year to estimate the final cost because this is a perpetual system. (as is done with periodic LIFO).

Based on the given information, the schedule of cost of goods sold under LIFO method can be prepared as follows:

Date Quantity Unit Cost Total Cost Cost of Goods Sold Inventory Balance

Jan. 1 4,000 $40   $160,000 -                     $160,000

Apr. 19 2,500 $44   $110,000 $100,000                  $70,000

June 30 2,500 $44  $110,000 -                              $180,000

Sept. 2 4,500 $46  $207,000 $187,500        $92,500

Nov. 15 2,000 $46  $92,000 $92,000                            $500

To calculate the cost of goods sold and inventory balance, we use the LIFO method, which assumes that the last units purchased are the first to be sold.

On Jan. 1, the company had 4,000 units in inventory at a cost of $40 each, which gives a total inventory value of $160,000.

On Apr. 19, 2,500 units were sold. The most recent purchase was on June 30, when 4,500 units were purchased at a cost of $44 each. Since the most recent purchase was used up first, we assume that the cost of goods sold is based on these units, resulting in a cost of goods sold of 2,500 units x $44 = $110,000. The inventory balance is now 4,000 units (Jan. 1 inventory) - 2,500 units (sold) + 4,500 units (purchased) = 6,000 units at a total cost of $270,000. We assume that the units from the Jan. 1 inventory and the June 30 purchase are still in inventory at this point, but the units from the April 19 sale have been sold.

On June 30, 2,500 units were sold. The most recent purchase was on Nov. 15, when 2,000 units were purchased at a cost of $46 each. Since the most recent purchase was used up first, we assume that the cost of goods sold is based on these units, resulting in a cost of goods sold of 2,500 units x $46 = $115,000. The inventory balance is now 4,000 units (Jan. 1 inventory) + 4,500 units (June 30 purchase) - 2,500 units (sold) - 2,000 units (sold) = 4,000 units at a total cost of $184,000. We assume that the units from the Jan. 1 inventory and the June 30 and Nov. 15 purchases are still in inventory at this point, but the units from the April 19 and Sept. 2 sales have been sold.

On Sept. 2, 5,000 units were sold. The most recent purchase was on Nov. 15, when 2,000 units were purchased at a cost of $46 each. Since the most recent purchase was used up first, we assume that the cost of goods sold is based on these units, resulting in a cost of goods sold of 2,000 units x $46 = $92,000. The remaining 3,000 units sold are assumed to come

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Accessing technology and innovation are supply management goals in this scenario when a firm plans to introduce a new line of products and solicits the help of its suppliers to aid the design of the products.so option a is correct.

Supply chain management is the process of coordinating the various processes necessary to produce and provide clients with goods and services. Supply chain activities include, among others, designing, farming, manufacturing, packaging, and transportation. Supply management is the process of locating, procuring, and overseeing the suppliers and resources that are crucial to a company's operations. One aspect of supply management, which is frequently called procurement, is buying the material items, information, services, and other resources required for a business to operate and grow.

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Answer:

Explanation:

WTmonkie IS THIS