Answer:
Flint Corporation current assets section of Balance Sheet
Particulars Amount
Cash ($23,500 + 21,100) 43,600
Less: Restricted for plant expansion 23,500 21,100
Trading Securities 9,700
Accounts receivable 73,300
Less: Allowance for bad debts 3,700 69,600
Interest receivables (19,600*7%*9/12) 1,029
Inventories
Finished goods 33,300
Work in Progress 13,000
Raw materials 59,600
Total Current Assets 186,229
A company's ratio of liabilities to stockholders' equity decreased from 0.6 to 0.4 during the year. This is a.an improvement in the margin of safety for creditors. b.an indication that the company's level of debt is increasing. c.a negative change in the company's financial position. d.an improvement in the company's net income.
Answer:
A)an improvement in the margin of safety for creditors.
Explanation:
Margin of safety can be regarded as a principle of investing whereby an investor only make purchases of securities during the time when the market price is below their intrinsic value significantly. In a case whereby
the market price of a security falls below ones estimation of its intrinsic value significantly, then the difference that exist there is regarded as margin of safety. Margin of safety can as well be regarded as financial ratio which gives measurement of the amount of sales which exceed the break-even point. Most times investors may create a margin of safety with regards to their own risk preferences, purchasing of securities in a time that there is a difference give room for an investment to be made with minimal downside risk.
For instance, company's ratio of liabilities to stockholders' equity decreased from 0.6 to 0.4 during the year.
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Which of these is not an example of a trade restriction?
a. paying a subsidy to domestic farmers
b. charging a tariff on imports
c. taking land to build an airport
d. limiting the import of certain goods
Answer:
c. taking land to build an airport.
Explanation:
While the other options (a, b, and d) are examples of trade restrictions, the act of taking land to build an airport is not directly related to trade restrictions. It is more related to the acquisition of land for public infrastructure development, which may involve eminent domain or other legal processes.
Entries into T Accounts and Trial Balance Connie Young, an architect, opened an office on October 1, 2019. During the month, she completed the following transactions connected with her professional practice: Transferred cash from a personal bank account to an account to be used for the business, $28,600. Paid October rent for office and workroom, $2,900. Purchased used automobile for $19,000, paying $4,300 cash and giving a note payable for the remainder. Purchased office and computer equipment on account, $5,700. Paid cash for supplies, $1,370. Paid cash for annual insurance policies, $1,900. Received cash from client for plans delivered, $7,200. Paid cash for miscellaneous expenses, $770. Paid cash to creditors on account, $1,660. Paid $230 on note payable. Received invoice for blueprint service, due in November, $900. Recorded fees earned on plans delivered, payment to be received in November, $4,900. Paid salary of assistants, $1,500. Paid gas, oil, and repairs on automobile for October, $370. Required: 1. Record the above transactions (in chronological order) directly into the T accounts. To the left of the amount entered in the accounts, select the appropriate letter to identify the transaction. 2. Determine account balances of the T accounts. Accounts containing a single entry only (such as Prepaid Insurance) do not need a balance.
Answer:
Cash Capital
debit credit debit credit
1. 28,600 1. 28,600
2. 2,900
3. 4,300
4. 1,370
5. 1,900
6. 7,200
7. 770
8. 1,660
9. 230
12. 1,500
13. 370
20,800
Rent expense Vehicles
debit credit debit credit
2. 2,900 3. 19,000
Notes payable Service revenue
debit credit debit credit
3. 14,700 6. 7,200
9. 230 11. 4,900
14,470 12,100
Accounts payable Equipment
debit credit debit credit
4. 5,700 4. 5,700
8. 1,660
10. 900
4,940
Supplies Prepaid insurance
debit credit debit credit
4. 1,370 5. 1,900
Misc. expenses Blueprint services expense
debit credit debit credit
7. 770 10. 900
Accounts receivable Wages and salaries expense
debit credit debit credit
11. 4,900 12. 1,500
Vehicle maintenance expenses
debit credit
13. 370
For each of the following, indicate if a discrete or a continuous random variable provides the best definition:
a. The number of cars that arrive each day for repair in a two-person repair shop
b. The number of cars produced annually by General Motors
c. Total daily e-commerce sales in dollars
d. The number of passengers that are bumped from a specific airline flight 3 days before Christmas
a.) Discrete variable renders the proper definition in this case because there is no way we can measure the no. Of cars that arrive for washing each day. It can only be counted.
What is Discrete Variable?A discrete variable is one whose value is acquired by counting, and a continuous variable is one which is acquired by measuring.
b.) Discrete variable will render the proper definition of cars produced annually because we cannot measure the no. Of cars produced annually rather, we can count it.
c.) Discrete random variables will provide an improved definition in this case because total daily e-commerce sales can only be counted.
d.) Discrete variable is the one which will provide a better definition because of the no. Passengers can only be counted, not measured.
Therefore, Discrete and continuous random variables are indicated above.
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Which of the following encourages creativity and innovation. Flexibility, realistic expectations, persistence or organized planning
Flexibility fosters invention and creativity.
what is flexibility?If we take corporate work into consideration.
Instead, workplace flexibility is fostering an environment where workers may balance work and personal obligations while still performing at a high level. Options for when, where, and how the work is completed are part of flexible work arrangements.
Creative thinking demands flexibility, which makes it easier to come up with original and creative ideas. If someone is flexible, they will have creative thoughts.
In that we are working with ideas, flexibility is similar to fluency. Yet, while fluency focuses on producing as many ideas as possible, flexibility focuses on producing concepts that are unique from one another.
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Why are marketers sometimes "forced” to reposition their products or services? Il
your answers with examples.
Iar
Explaination
Marketers sometimes forced to reposition their services or products to ensure profitability the company has no other option but to reposition its services or products that would cater to a new target segment of their existing market and ensure sales or profitability.
ReasonThere could be many reasons for marketers repositioning their products.
The products are evolving and getting more features into it. They needs to marketed differently in order to make the customers aware of the new features, add-ons. In this case, it is better to reposition the products.
What is the purpose of every item in the SHARKS mnemonic?
The purpose of every item in the SHARKS mnemonic is:
S – state the agenda before you start your meeting;
H – hijackers will be at your meeting, so watch out;
A - adding relevant information is the key to a good meeting;
R – repeat the agenda at the end of the meeting;
K - keep the meeting small and short;
S - scheduling should be outside the meeting.
What is the significance of a mnemonic?A mnemonic can be referred to or considered as a tool of the English language wherein the initial letters of a concept are used to easily memorize the concept effectively.
In the given condition above, the mnemonic of SHARK is used as an effective memory tool for memorizing the purpose behind each initial in a meeting of intelligence department.
Therefore, the significance regarding mnemonic is aforementioned.
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As defined in The New Rules, what is the art and science of ensuring that the words and phrases on your site, blog, and other online content are found by search engines and that, once found, your site is given the highest ranking possible in the natural search results?
Search engine optimization (SEO) is the artwork and science of getting pages to rank higher in search engines.
Because search is one of the most important ways in which people find out content material online, rating higher in search engines can lead to an increase in site visitors to a website.
What procedure do you use to make sure that your content material is website positioning optimized?To optimize your content, use your target keyword at least as soon as in the first 100-150 phrases to indicate your subject early. Also, use your goal keyword and its editions naturally at some point of the content. You can locate your keyword's editions in the associated search area of search.
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https://brainly.com/question/29582565#SPJ1The 15-year average return for the S&P 500 from January 1973 to December 2016 (29 separate 15 year periods) was as high as a 20% average annual return and as low as a 3.7% average annual return. Additionally, the average dividend yield for the S&P is 4.11% and the average annual dividend growth rate is 6.11%.
Using this information, please compare the investment in the 5% 15-year corporate bond with a $100,000 investment in a stock with a 3.7% dividend yield (10 percent less than the S&P 500 average yield) and a 3% dividend growth rate (50 percent of the S&P 500 dividend growth rate).
The annual investment returns are as follows:
Year 1 (13.40%) Year 2 (23.37%) Year 3 26.38% Year 4 8.99%
Year 5 3.00% Year 6 13.62% Year 7 3.53% Year 8 (38.49%)
Year 9 23.45% Year 10 12.78% Year 11 0.00 Year 12 13.41%
Year 13 29.60% Year 14 11.39% Year 15 (0.73%)
The bond interest payment of 5 percent is paid annually and not reinvested. To compare accurately with the bond investment, the stock dividend will not be reinvested, but paid annually as well.
Please calculate the value of the stock account at the end of each year and the dividend income from the stock on an annual basis.
Once you have performed the calculations, please let me know if you prefer to invest in a 5% corporate bond for 15 years or the stock and why.
What is the value of the stock after year 2? Year 8? Year 11? When does the annual dividend income of the stock exceed the annual interest income of the bond?
1. The value of the stock account after Year 2 is $155,401.626.
2. The value of the stock account after Year 8 is $96,110.0674.
3. The value of the stock account after Year 11 is $96,110.0674.
4. The annual dividend income of the stock exceeds the annual interest income of the bond at the end of Year 15.
Bond interest rate: 5%
Stock dividend yield: 3.7% (10% less than S&P 500 average yield)
Stock dividend growth rate: 3% (50% of S&P 500 dividend growth rate)
We'll assume an initial investment of $100,000.
Year 1:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $100,000 + ($100,000 * 0.2337) = $123,370
1. Year 2:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $123,370 + ($123,370 * 0.2638) = $155,401.626
2. Year 8:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $155,401.626 + ($155,401.626 * (-0.3849)) = $96,110.0674
3. Year 11:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $96,110.0674 + ($96,110.0674 * 0) = $96,110.0674
4. At the end of Year 15, the dividend income of the stock exceeds the interest income of the bond.
Stock dividend income: $100,000 * 0.037 = $3,700
Bond interest income: $100,000 * 0.05 = $5,000
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5 Different between stake holder and shareholders
In a corporation, shareholders are always stakeholders, but not necessarily stakeholders are shareholders.
A stakeholder has an interest in a firm's performance for reasons other than stock performance or appreciation, whereas a shareholder owns a portion of a publicly traded corporation through shares of stock.
A shareholder is anyone who owns at least one share of a company and thus has a financial stake in its success, whether they be an individual, business, or institution. A stockholder is another name for a shareholder. Stakeholders are people who influence or are influenced by a project or business.
Stakeholders are frequently in it for the long haul and have a higher need to see the firm succeed; shareholders don't necessarily need to have a long-term view of the company and can sell the stock anytime they need to.
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In Year 1, the investor acquired 10% ownership of investee and applied fair value method to account for the investment. In Year 2, the investor acquired another 30% ownership and applied equity method to account for the investment (40% ownership). In Year 3, the investor sold 35% ownership of the investee and started using fair value method again to account for the investment (5% ownership). Should the investor apply retrospective adjustment in Year 2 and Year 3
Answer:
b
Explanation:
Mistakes People Make Worksheet 3.9.2 List the 6 mistakes people make while making decisions and explain the mistake. Next, give an example of a decision that would illustrate the mistake. Lastly 1 Class Period: EXPLANATION Date: EXAMPLE WAS THERE A MORE RATIONAL DECISION?
Mistakes people make while making decisions and explain the mistake
Don't face reality - Fall into self-deception.Go with the flow.Too quick to risk. - Rushing to work or home can lead to aggressive driving.Relying too much on intuition. - One of the main reasons against relying on intuition is that intuition can be unreliable and biased.To marry your own thoughts.In summary, we talked about his eight common types of bias. Overconfidence, fixation, affirmation, availability, escalation of commitment, random errors, risk aversion, retrospective bias to confront past mistakes, and bias to face fear and pain. process emotions.
People have shown an amazing ability to deceive themselves and distort their misbehavior in order to reflect positively on themselves. Can make us happier if it means being open.
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On December 27, 2020, Roberta purchased four tickets to a charity ball sponsored by the city of San Diego for the benefit of underprivileged children. Each ticket cost $200 and had a fair market value of $35. On the same day as the purchase, Roberta gave the tickets to the minister of her church for personal use by his family. At the time of the gift of the tickets, Roberta pledged $4,000 to the building fund of her church. The pledge was satisfied by a check dated December 31, 2020, but not mailed until January 3, 2021.
Requried:
a. Presuming that Roberta is a cash basis and calendar year taxpayer, how much can she deduct as a charitable contribution for 2020?
b. Would the amount of the deduction be any different if Roberta was an accrual basis taxpayer? Explain.
Answer:
a. Presuming that Roberta is a cash basis and calendar year taxpayer, how much can she deduct as a charitable contribution for 2020?
Roberta can deduct ($200 x 4) - ($35 x 4) = $800 - $140 = $660. She cannot deduct the check because it was not mailed before December 31.
b. Would the amount of the deduction be any different if Roberta was an accrual basis taxpayer? Explain.
As an accrual taxpayer, she could deduct $660 + $4,000 = $4,660. She had already written the check and the fact that it was mailed on January 3 doesn't make a difference for an accrual taxpayer.
The US Senate overwhelmingly passed the 2022 Defense Authorization Act. The $768 billion "Defense Authorization Act" not only exceeds the defense spending proposed by the Biden administration by $25 billion, but also increases the US defense budget by about 5% compared to last year.
The US Senate passed the 2022 Defense Authorization Act, a $768 billion bill that surpasses the Biden administration's defense spending proposal by $25 billion and represents a 5% increase in the US defense budget compared to the previous year.
1. The US Senate passed the 2022 Defense Authorization Act.
2. The Defense Authorization Act is a bill that determines the budget and expenditures for the US defense sector.
3. The total amount allocated for the Defense Authorization Act is $768 billion.
4. The defense spending proposed by the Biden administration was exceeded by $25 billion in this Act.
5. The Act represents a 5% increase in the US defense budget when compared to the previous year.
6. This increase in the defense budget indicates a commitment to strengthening the country's defense capabilities.
7. The Act was passed overwhelmingly, indicating strong support from the Senate.
8. The Defense Authorization Act is an essential piece of legislation that ensures the funding and resources necessary for the US military to carry out its operations effectively.
9. The Act covers various aspects of defense spending, including military personnel, equipment, research and development, and strategic initiatives.
10. By passing the Defense Authorization Act, the US Senate has demonstrated its commitment to national security and defense preparedness.
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LEONE COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Finished goods inventory, beginning Cost of goods manufactured Goods available for sale Less: Finished goods inventory, ending Cost of goods sold Gross profit General and administrative expenses Selling expenses Net income $ 84,000 84,000 92.000 $ 3,251,000 $ (8,000) 3,259,000 127.000 603,000 2,529,000
How do you find the cost of goods manufactured?
The cost of goods manufactured (COGM) is the cost of all the products that a company has manufactured during a period.
How to calculateIt is calculated by adding the beginning finished goods inventory to the total manufacturing costs, and then subtracting the ending finished goods inventory.
In the income statement you provided, the cost of goods manufactured is calculated as follows:
COGM = $92,000 + $3,251,000 - $127,000 = $3,224,000
Therefore, the cost of goods manufactured for Leone Company is $3,224,000.
Here is the formula for calculating COGM:
COGM = Beginning finished goods inventory + Total manufacturing costs - Ending finished goods inventory
The total manufacturing costs include direct materials, direct labor, and manufacturing overhead.
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Joel plans on using a variety of different pen colors while drawing on his slides. What should he do to simplify this process? Select the drawing and change the color in the Format pane. Change the pek's color as needed. Select the Add Pen command and create new pens. Right click the drawing to change the color.
Select Format Background from the Design tab. Choose Solid Fill and a color from the collection. If you want the same background color on all slides, go to the Design tab and pick Format Background > Apply to All. Try right-clicking My Computer on the desktop and going to Properties>Advanced System Settings.
Click the Settings radio button under "Performance" under the "Advanced" tab and either select a custom scheme or click the button for Adjust for best appearance or Adjust for best performance and click "Apply." On a dark background, use white or light beige; on a light background, use black color. As a result, your slides will appear more professional.
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Supply Club, Incorporated, sells a variety of paper products, office supplies, and other products used by businesses and individual consumers. During July 2024, it started a loyalty program through which qualifying customers can accumulate points and redeem those points for discounts on future purchases. Redemption of a loyalty point reduces the price of one dollar of future purchases by 20% (equal to 20 cents). Customers do not earn additional loyalty points for purchases on which loyalty points are redeemed. Based on past experience, Supply Club estimates a 60% probability that any point issued will be redeemed for the discount. During July 2021, the company redeemed 12,200 points and sold additional product of $152,500, so it recorded $164,700 of revenue. The aggregate stand-alone selling price of the purchased products is $164,700. Seventy percent of sales were cash sales, and the remainder were credit sales.
Required:
1. & 2. Prepare Supply Club’s journal entry to record July and August sales. During August, customers redeem loyalty points on $73,200 of merchandise. Seventy-five percent of those sales were for cash, and the remainder were credit sales.
A journal entry is the record of the financial transaction of a business in its financial books.
(1)
Cash ($164,700 * 70%) 115,290
Accounts Receivable ($164,700 * 30%) 49,410
Sales revenue 163,053 Deferred Revenue - Loyalty Point 1,647
(2)
Cash (73,200 * 75% * 70%) 38,430
Accounts Receivable (73,200 * 25% * 70%) 12,810
To Deferred Revenue 16,470
To Sales Revenue 67,710
WORKING NOTES:
a) Price of loyalty points = (Loyalty points × Estimated redemption) =$12,200 × 20% × 60%
= $1,464
b) Total Stand−alone selling price
= Stand−alone selling price of the purchased product + Stand−alone selling price of the loyalty points
= $164,700+$1,464 = $166,164
c) Percentage of FMV for loyalty points
= (Total stand-alone selling price FMV of loyalty points)
= ($164,700 + $1,464 = $166,164) = 1%
d) Percentage of FMV for purchased products
= (Total stand−alone selling price FMV for purchased products) = ($164,700 + $1,464 = $166,164) = 99%
e) Revenue allocation for the purchased product
= Package amount of purchased products × Percentage of FMV for purchased products = ($164,700 × 99%) = $163,053.
(f) Revenue allocation for loyalty points
= Package amount of loyalty points × Percentage of FMV for loyalty points
= ($164,700 × 1%) = $1,647.
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1. Discuss the emerging issues in cost and management accounting ( 15 marks)
2. ABC Ltd made the following purchases
Date of purchase Units purchased Price/unit
1st January 500 100
2nd January 600 200
3rd January 800 400
Units used on 4th January are 900.
Required:
Determine the cost of units used and the value of the closing stocks using FIFO, LIFO and
weighted average. (15 marks)
The emerging issues in cost and management accounting are:
Sustainability as well as Environmental AccountingTechnology as well as AutomationIntegrated Reporting and Non-Financial Performance Measures, etc.What is the emerging issues in cost and management accountingNew technology like robots and smart software is changing the way we do accounting work and save money. We use special computer programs to help us figure out how much things cost and keep track of the numbers.
Using only financial measures to judge business success is not enough anymore. People now uses "Integrated Reporting" and includes non-financial measures as well.
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According to the island equilibrium model, species richness would be greatest on an island that isa. Large and remoteb. Small and remotec. Large and close to a mainlandd. Small and close to a mainlandAnswer: c. Large and close to a mainland
The larger island will therefore have a higher species richness since it can support more species and is more easily colonized by them due to its proximity to the mainland.
Why is species richness greater on larger islands?Larger islands will have a wider variety of habitats, so species that migrate to the island will diversify to fill the available niches, which has an impact on an island's biodiversity.Since there is a greater diversity of habitats and consequently a greater availability of resources, larger islands typically have more species than smaller islands.As a result, species richness is predicted to decline in smaller islands farther from the mainland due to higher local extinction rates and less immigration, while increasing in larger islands closer to the mainland due to high levels of immigration and a larger area available for foraging (MacArthur & Wilson, 1963, 1967.To Learn more About larger island refer to:
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1 typewritten reviews of a Business Management, or Marketing
Article of the students choosing that appeared in the required Online
readings, You may also select articles from the New York Times.
The articles due on the assign due date. The News Article Review must
be printed out and attached to the student’s Typewritten review in Pdf.
The review must summarize the article in the student’s own words and
discuss how the subject matter of the News Article Review relates to
topics covered in the course.
THE ARTICLE SHOULD NOT BE
MORE THAN 14 DAYS OLD AND MUST BE RETRIVED FROM A
BUSINESS, OR MARKETING JOURNAL PUBLICATION
Explanation:
Title: "Digital Marketing Strategies for Small Businesses: A Case Study"
Article Source: Harvard Business Review
Summary:
The article "Digital Marketing Strategies for Small Businesses: A Case Study" discusses how small businesses can effectively utilize digital marketing strategies to compete in today's highly competitive business landscape. The case study presented in the article focuses on a small boutique clothing store that implemented various digital marketing tactics to increase their online visibility and drive more sales.
The article highlights the importance of having a strong online presence for small businesses, as consumers increasingly rely on digital channels to discover and purchase products and services. The case study outlines the steps taken by the boutique store, including optimizing their website for search engines, creating engaging social media content, and implementing email marketing campaigns to engage with customers.
The article also emphasizes the need for small businesses to adapt their digital marketing strategies based on changing consumer behaviors and market trends. For example, the boutique store in the case study shifted their focus to social media advertising when they noticed that their target audience was spending more time on social media platforms.
Relation to Course Topics:
The article aligns with several topics covered in the Business Management or Marketing course. It highlights the importance of digital marketing for small businesses and the need to adapt strategies to changing consumer behaviors, which are key concepts in modern marketing. The case study also provides practical examples of how small businesses can implement digital marketing tactics, such as search engine optimization, social media marketing, and email marketing, which are commonly covered in marketing courses.
The article also emphasizes the significance of understanding consumer behavior and market trends, which are important considerations in business management. It underscores the need for small businesses to continually assess and adjust their marketing strategies to remain competitive in the ever-evolving digital landscape.
Overall, the article provides a relevant and practical case study that showcases the application of digital marketing strategies for small businesses, making it a valuable resource for students studying business management or marketing.
Review:
The "Digital Marketing Strategies for Small Businesses: A Case Study" article is a well-written and informative piece that provides practical insights into how small businesses can effectively leverage digital marketing strategies. The case study presented in the article is relevant and relatable, making it easy to understand the challenges faced by small businesses in the digital marketing realm.
The article is concise, yet comprehensive, covering key concepts such as search engine optimization, social media marketing, and email marketing in a clear and understandable manner. The use of a real-life case study adds credibility and practicality to the article, making it more engaging for readers.
The author's writing style is engaging and easy to follow, with a good balance of theoretical concepts and practical examples. The article is well-structured, with clear headings and subheadings that make it easy to navigate and locate specific information.
One potential improvement could be the inclusion of more recent data or statistics to support the author's points and provide additional evidence of the effectiveness of the digital marketing strategies discussed. However, overall, the article is a valuable resource for students studying business management or marketing, as it provides relevant and practical insights into how small businesses can navigate the digital marketing landscape to achieve their business goals.
In conclusion, the "Digital Marketing Strategies for Small Businesses: A Case Study" article is a recommended read for students studying business management or marketing. It offers valuable insights into the challenges and opportunities of digital marketing for small businesses and provides practical examples that can be applied in real-world business settings. The article's alignment with course topics and its clear and engaging writing style make it a useful resource for students looking to deepen their understanding of digital marketing strategies.
The primary goal of market research by entrepreneurs is to:
a) Reduce costs
b) Analyze data
c) Make better decisions
d) None of the above
The primary goal of the market research by entrepreneurs is to make better decisions.
Market research is referred to as an activity which is undertaken by the entrepreneurs in order to get the required information which is thus about the needs and also the preferences of the consumer who are in their target market.
Market research allows companies in order to understand the demand as well as the viability of their product and in order to see how it might perform in the real world. Thus, market research tends to help the entrepreneur in finding out their rivals in the business.
Hence, option C is correct.
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what is anthropology?
Answer:
the study of human societies and cultures and their development.
the study of human biological and physiological characteristics and their evolution.
Solve the system by any method.
x-6y+2z= 1
3x - 5y + 2z =-1
The solution to the system of equations, in terms of x, is given as follows:
y = -2 - 2x.z = -6.5x - 5.5.What is a system of equations?A system of equations is a set of equations involving multiple variables that are related, and then arithmetic operations are made to solve these equations and identify the numeric value of each variable.
For this problem, we have three variables and two equations, meaning that one of these variables is a free variable, that is, the system has infinite solutions in terms of the free variable.
We are going to use this free variable as x, hence the first equation is:
2z = 1 + 6y - x
z = 0.5 + 3y - 0.5x.
Replacing on the second, we have that the solution for the variable y is obtained as follows:
3x - 5y + 2(0.5 + 3y - 0.5x) = -1
3x - 5y + 1 + 6y - x = -1
2x + y = -2
y = -2 - 2x.
Then the solution for the variable z is obtained as follows:
z = 0.5 + 3(-2 - 2x) - 0.5x
z = 0.5 - 6 - 6x - 0.5x
z = -6.5x - 5.5.
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researching investments online can be valuable because
Answer:
Researching investments online can be valuable because: If the information is trustworthy it can provide a recent status of the investment. Also, online research tools provide the ability to find a great number of diverse investments
Explanation:
Answer:
d) You can track stock value trends over time
Explanation:
Depreciation of equipment is an example of a(n) relevant cost. opportunity cost. sunk cost. variable cost. None of these.
There are different kinds of cost incurred in business. Depreciation of equipment is an example of sunk cost.
Sunk cost is a financial term for a cost that has been incurred and one cannot recover again. This type of costs are taken as bygone and are not taken into consideration when making decisions.They are money that has been spent and one cannot get back again. Example is Depreciation, amortization, and impairments.
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Spruce Company uses a job costing system. Spruce Company's schedule of cost of goods manufactured showed the following amounts for the month ended August 31. Cost of goods manufactured $124,600 Cost of direct materials used $43,000 Cost of direct labor ($30 per hour) $76,800 Work in process inventory, August 1 $15,500Manufacturing overhead cost is allocated at the rate of $19 per direct labor hour. What is the amount of allocated manufacturing overhead costs for August
Answer:
$48,640
Explanation:
With regards to the above, first we have to compute the direct labor hours.
Direct labor hours = Direct labor cost / Per hour rate
= $76,800/30
= 2,560 hours
Now, the allocated manufacturing overhead cost equals
= Direct labor hours × Manufacturing overhead rate
= 2,560 × $19
= $48,640
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Carly has two children under 13 and worked full time while her spouse, Michael, was attending college for 9 months during the year. Carly incurred $7,000 of child care expenses. In calculating the credit for child care expenses, the applicable percentage would be multiplied by which of the following amounts?
a. $7,000
b. $6,000
c. $4,500
d. $3,000
$3000 because you are a madarchod okay
Al-Baida wants to buy a new machine with special purposes for an amount $ (1) million for the production of a product, and the economic life of the machine is (10) years, bearing in mind that there is no residual value for the machine at the end of its useful life. The company adopts the straight-line method in calculating the depreciation, and it is expected that the annual revenues from operating the machine will be 1,200,000 ID, and the annual expenses excluding taxes, (700,000 ID. If you know that the company adopts a discount rate of 12% The income tax rate is 30% for all years. Required: Calculate the following: .1. payback period. 2. Rate of accounting return on investment.
1. Payback period will be 2 years.
2. The rate of accounting return on investment for the machine is 35%.
To calculate the payback period, we need to determine the number of years it takes for the company to recover the initial investment of $1 million.
Step 1: Calculate the annual net cash flow.
Annual net cash flow = Annual revenues - Annual expenses excluding taxes
Annual net cash flow = $1,200,000 - $700,000 = $500,000
Step 2: Determine the payback period.
Payback period = Initial investment / Annual net cash flow
Payback period = $1,000,000 / $500,000
Payback period = 2 years
Therefore, the payback period for the investment in the machine is 2 years.
To calculate the rate of accounting return on investment, we need to determine the average annual net income generated by the investment.
Step 1: Calculate the average annual net income.
Average annual net income = (Annual revenues - Annual expenses excluding taxes) * (1 - Tax rate)
Average annual net income = $500,000 * (1 - 0.30)
Average annual net income = $350,000
Step 2: Calculate the rate of accounting return on investment.
Rate of accounting return on investment = Average annual net income / Initial investment * 100
Rate of accounting return on investment = $350,000 / $1,000,000 * 100
Rate of accounting return on investment = 35%
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Explain Maitland’s argument for morality of sweatshops.
a. You need to understand the Classic Liberal Standard in contrast to other standards.
b. Consistently Libertarian, his argument is both Kantian and Utilitarian. You need to know why.
2. Why does Maitland thing that requiring a living wage in sweatshops is itself immoral?
a. This is primarily an economic argument that leads to a moral judgment. You need to explain why.
3. According to Arnold’s and Bowie’s use of the Respect Principle, what do we owe other people?
a. Focus on what they say based on Thomas Hill’s work.
b. Contrast what they say with the way a Libertarian would argue about what we own others.
4. Explain Arnold’s and Bowie’s use of the Kantian Respect Principle in their discussion of a living wage.
a. It will be important to understand what is owed to other people.
Maitland's argument is utilitarian and Kantian in that he upholds the autonomy of the individual and contends that the overall advantages of sweatshops such as increased economic growth and the eradication of poverty outweigh any potential drawbacks. The shops intentions are misguided and they would actually do more harm than good.
1. The Classic Liberal Standard, on which Maitland's argument is predicated, asserts that people have the right to pursue their own self interest without interference or coercion as long as they do not harm others in the process.
Maitland contends that employment opportunities in sweatshops are appealing to workers and frequently superior to those offered by other sources.
2.Maitland contends that requiring a living wage in sweatshops is morally wrong in and of itself because it would stunt economic development and raise unemployment in developing nations. He contends that wages in sweatshops are frequently higher than the going rate in the neighborhood and that employees have the option of working there or not.
According to him, mandating a living wage would raise the cost of labor and deter businesses from using sweatshops, which would limit the number of jobs available to workers. The main thrust of Maitland's argument is economic, but he thinks it ends up being moral because efforts to require a living wage would hurt the very people they are meant to help.
3. Arnold and Bowie emphasize the significance of treating employees as ends in themselves rather than as means to an end in their discussion of a living wage by applying the Kantian Respect Principle. They contend that employers have a moral duty to respect employees inherent dignity by paying them a living wage.
This rule is based on Kant's contention that people should always be regarded as ends in and of themselves, as opposed to merely being used as means to further our own goals.
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