Answer and Explanation:
The journal entries are shown below:
cash Dr $7,500
To Service revenue $7,500
(being cash receipts is recorded)
Prepaid insurance $3,060
To cash $3,060
(being cash paid is recorded)
Musical equipment Dr $10,500
To cash $10,500
(being cash paid is recorded)
Cash Dr $11,000
To note payable $11,000
(being receipt of the loan is recorded)
These four journal entries are need to be recorded
is the amount of money you need to deposit now to attain a desired amount of money in the future.
1_Automatic value
2_Present value
3_Time value of money
4_Future value
Answer:
C
Explanation :
D
what is different between applied market research and basic market research
Some of Best Buy’s internal issues could best be addressed by ______
Some of Best Buy's internal issues could best be addressed by implementing strategic changes and initiatives. These initiatives should focus on improving various aspects of the company's operations and addressing specific challenges it may be facing.
Here are a few possible approaches:
1-Restructuring and optimizing operations: Best Buy could assess its organizational structure, processes, and workflows to identify areas for improvement and streamline operations. This could involve reevaluating roles and responsibilities, enhancing communication channels, and implementing more efficient systems and technologies.
2-Employee training and development: Investing in comprehensive training programs and professional development opportunities for employees can enhance their skills, product knowledge, and customer service abilities. This can lead to improved employee performance, increased customer satisfaction, and a better overall shopping experience.
3-Inventory management and supply chain optimization: Best Buy could focus on improving its inventory management processes to ensure the availability of popular products and minimize stockouts. Analyzing demand patterns, optimizing supply chain logistics, and strengthening relationships with suppliers can help streamline operations and reduce costs.
4-Enhancing the omnichannel experience: Best Buy could invest in technology and infrastructure to provide a seamless omnichannel experience for customers. This may involve integrating online and offline sales channels, improving website functionality, implementing effective order fulfillment processes, and enhancing the in-store experience through innovative technologies.
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A bond issued by the U.S. Treasury with a maturity of 90 days is sold on the
O capital market.
O money market
O primary market.
O secondary market.
A bond issued by the U.S. Treasury with a maturity of 90 days is sold on the money market.
What is money Market?
Money market are market that provides money both large and small amount of money for business opportunities, banks, and the government.
Government can sell to money market.
Therefore, A bond issued by the U.S. Treasury with a maturity of 90 days is sold on the money market.
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Bonds and Financial Assets Quick Check
Answer:
1. Junk Bonds
2. $510
3. Money Market
4. an investor sells a bond to another investor
5. One of the bonds was sold at face value while another was sold below face value.
Hope This Helps!
For Future Generations
Assume (1) estimated total manufacturing overhead cost = $100,000, (2) estimated total amount of the allocation base = 20,000 direct labor hours, (3) the total direct labor hours actually worked during the period = 21,700, and (4) the total manufacturing overhead actually incurred during the period is $103,000. What is the total amount of underapplied or overapplied overhead for the period?
Answer:
Explanation:
To determine the total amount of underapplied or overapplied overhead, we need to compare the estimated overhead cost with the actual overhead cost that was incurred, based on the actual amount of the allocation base that was used during the period.
First, we need to calculate the predetermined overhead rate:
Predetermined overhead rate = Estimated total manufacturing overhead cost / Estimated total amount of the allocation base
Predetermined overhead rate = $100,000 / 20,000 direct labor hours
Predetermined overhead rate = $5 per direct labor hour
Next, we can calculate the amount of overhead that should have been applied based on the actual amount of direct labor hours worked:
Applied overhead = Actual direct labor hours worked x Predetermined overhead rate
Applied overhead = 21,700 direct labor hours x $5 per direct labor hour
Applied overhead = $108,500
Finally, we can calculate the amount of underapplied or overapplied overhead:
Underapplied/Overapplied overhead = Actual manufacturing overhead incurred - Applied overhead
Underapplied/Overapplied overhead = $103,000 - $108,500
Underapplied/Overapplied overhead = -$5,500
Since the result is negative, we have an overapplied overhead of $5,500 for the period. This means that the actual manufacturing overhead incurred was less than the overhead that was applied based on the predetermined rate.
How teachers apply stenhouse theory
Answer:
In curriculum, a vision of knowledge, the role of the educator and a concept of the process of education are all present. In this sense, Stenhouse suggests that the role of teachers and professors is fundamental in the elaboration and implementation of curriculum.
Define the term ‘‘Retail banking’’ and explain how different is it from ‘‘wholesale
banking’’?
retail banking is banking which is used by retailer and bankers
Which of the scattergraph plots above suggests a mixed cost relationship between direct labor-hours and manufacturing overhead?
The statement graph indicates a mixed cost association between direct labor hours and machine hours. It is growing.
The Scattergraph approach is what?In order to anticipate and budget for future expenses, its scattergraph (or scatter plots) approach is a visual tool used in accounting for distinguishing the fixed and fluctuating components of a sub expense (also known as a mixed cost).
What is the name of a scatter plot?Another name for a plot is an XY graph, scatter chart, or scattergram. The scatter diagram displays the relationship between pairs of numerical data by graphing them with one element on each axis.
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DESCRIBE THE FUNCTIONS OF
PRELIMINARY DATA GATHERING?
Preliminary data gathering involves collecting and analyzing relevant information to establish a foundation for research or decision-making, including identifying objectives, assessing data availability, etc.
What are the Functions of Preliminary Data Gathering?Preliminary data gathering encompasses the initial acquisition and evaluation of pertinent information, serving as a basis for research or decision-making. It aids in defining project scope, goals, and needs, while also assessing data availability and quality.
This stage assists researchers and decision-makers in gaining insights, assessing project feasibility, recognizing potential obstacles, and formulating a strategic plan for subsequent data collection and analysis.
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If you are asked to fill out a W-9 instead of a W-4 when you first start a job, what does that mean? What kind of taxes might you have to pay and how much are they?
Answer:
The difference between W-4 and a W-9 depends on your profession.
Explanation:
If you are asked to fill out a W-9 instead of a W-4 when you first start a job, it means that you're a freelancer, self-employed, or do contract work for a company.
W-9 is a Request for Taxpayer Identification Number and Certification.
While a W-4 is a Employee's Withholding Allowance Certificate.
The kind of taxes you might have to pay don't withhold any of the required taxes, like federal taxes or Social Security taxes.
Someone using the W-9 is responsible for paying the taxes themselves.
pls help i will give branlyist
Choose a specific administrative support job. Then explain the type of multitasking a person might have to do in that job.
Give an example of a clear subject line for an email and an unclear subject line. Then explain why the clear subject line is better.
The administrative position of human resources entails multiple tasks, including payroll, hiring, recruiting, preserving the work environment, and others.
Describe human resources.?Human resources professionals hire, interview, and screen job prospects as well as designate positions for newly hired personnel. They could also be in charge of pay and benefits, employee relations, and training. Professionals in labor relations supervise and assess employment contracts.
Processing payroll, writing job descriptions, establishing workplace norms, and purchasing benefits are all common HR administration tasks.
Thus, the administrative position is in human resources.
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Does the requirement to walk an average of eight or nine miles at a fast pace every day strike you as a reasonable expectation for employees at Amazon, or any other workplace?
The requirement to walk an average of eight or nine miles at a fast pace every day strike as a reasonable expectation for employees at Amazon Distribution center, or workplace like warehouses.
What is a Amazon Distribution center?Amazon is online ecommerce platform where goods are sold via use internet & electronic device. Amazon has large distribution centers across the globe. The Employees who work there have great amazon pace in movement of goods.
The Amazon Pace is a quick, aggressive walk, verified that the typical workers walks between eight and nine miles every shift.
These workers are referred to as "pickers," and it is their responsibility to swiftly fill orders and transport them to the processing and packing center. The center's layout, which is a trade secret, produces a random distribution of products.
Therefore there is material requirement of quick pace in Amazon centers as well as places like warehouses.
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how can the size of the industrial/service sector and the agriculture employment rate indicate the level of industrialization?
Answer:
as agriculture is in the primary sector an increase in the employment of that sector can indicate its in the primary sector .
Explanation:
industrialisation is the increase in the importance of the secondary sector of industry.
why, do you think ,do banks and ther financial institutions offer cash loans to people that did nt apply for it?
Answer:
This is the "pre-approved" loan issuing model.
Explanation:
This is a sales/marketing effort, in which access to credit is facilitated by providing potential consumers with a pre-approved offer. Normally, there is some study/intelligence behind (socio-economic and other factors) before people in a certain area would receive these offers. This makes people "believe" that they are closer to getting a loan due to the pre-approved nature of the offer, but this is just to catch their attention and turn this into a "sale" for the bank. Sometimes, people would only consider getting a loan if they already received an offer.
Derek is a gymnast, and his favorite event is the rings. To score well, he is required to hold a position for several seconds before continuing into the next move. In his favorite move, he performs shoulder abduction to form a T and then holds it without moving. While Derek is holding this position, what type of contraction is his deltoid performing?
A. An eccentric contraction
B. A concentric contraction
C. A static contraction
D. A dynamic contraction
Answer:
C. A static contraction
Explanation:
I just got it right on the test.
For the current year ($ in millions), Central Park Corp. had $80 in pretax accounting income. This included bad debt expense of $6 based on the allowance method, and $20 in depreciation expense. Two million in receivables were written off as uncollectible, and MACRS depreciation amounted to $35. In the absence of other temporary or permanent differences, what was Central Park's taxable income
Answer:
$69
Explanation:
Calculation for Central Park's taxable income
Pretax accounting income $80
Less Temporary differenceDepreciation (15)
($35 – $20)
Bad debt expense $4
($6 – $2)
Taxable income$69
($80-$15+$4)
Therefore Central Park's taxable income will be $69
Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
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Jake discovers that no flood insurance rate map (FIRM) is available in Lower Riverton, where he has just purchased a home. However, he can obtain a flood hazard boundary map (FHBM) that
If Jake issued flood insurance on real estate situated in flood areas, an ideal insurable risk may have been violated as the loss should not be catastrophic.
What is flood insurance?Flood insurance provides coverage for losses caused directly by flooding. Any buildup of water on typically dry terrain that impacts at least two acres of land or two or more properties is known as a flood.
For instance, the harm caused by a sewage backlog that resulted directly from flooding would be paid.
Thus, If Jake issued flood insurance on real estate situated in flood areas.
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Market researchers have determined nine categories of lifestyles for computer users. One of the categories is described as "Mouse Potatoes," who like the Internet for entertainment and can't wait to buy the latest in "techno-entertainment." In terms of the diffusion process, how would "Mouse Potatoes" be classified?
Answer: Innovators.
Explanation:
The Diffusion Process defines how new products are able to spread across a market.
It does this by using the Adoption Process to determine the various groups in the market and how fast the product gets to those groups. There are 5 groups in total.
- Innovators
- Early Adopters
- Early Majority
- Late Majority
- Laggards.
In the above scenario, the Mouse Potatoes would be the Innovators. These are the first buyers of a product and as such their opinions are very important as they then tell others how useful the product is. Mouse Potatoes regularly browse the net looking for the latest in "techno-entertainment", so they can buy or use it first thus making them Innovators.
Knowledge Check 01
Intercontinental, Incorporated, uses a perpetual inventory system, Consider the following information about its inventory; August 1,
rchased 10 units for $910 or $91 per unit; August 3, purchased 15 units for $1,590 or $106 per unit; August 14, sold 20 units; August
17, purchased 20 units for $2,300 or $115 per unit; August 28, purchased 10 units for $1,190 or $119 per unit; August 30, sold 23 units.
Using FIFO, the cost of goods sold for the sale of 23 units on August 30 is
and the inventory balance at August 30 is
The cost of good sold is $2,255
The ending inventory is $1,765
What is the cost of goods sold and ending inventory?
FIFO is an inventory system in which the first inventory that is purchased is the first that is assumed to be sold. Ending inventory is made up of goods that are purchased last.
The 23 units sold on August 30 would be taken from the inventory purchased on August 3 and 17. This is because the goods sold on August 14 would be taken from the inventory purchased on August 1 and 3.
Cost of good sold = (5 x $106) + (15 x $115)
$530 + $1,725 = $2,255
Ending inventory = (5 x $115) + $1190 = $1,765
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James Stilton is the chief executive officer (CEO) of RightLiving, Inc., a company that buys life insurance policies at a discount from terminally ill persons and sells the policies to investors. RightLiving pays the terminally ill patients a percentage of the future death benefit (usually 65%) and then sells the policies to investors for 85% of the value of the future benefit. The patients receive the cash to use for medical and other expenses, and the investors are "guaranteed" a positive return on their investment. The difference between the purchase and sale prices is RightLiving's profit.
Stilton is aware that some sick patients may obtain insurance policies through fraud (by not revealing their illness on the insurance application). An insurance company that discovers such fraud will cancel the policy and refuse to pay. Stilton believes that most of the policies he has purchased are legitimate, but he knows that some are probably not.
Answer the following questions:
Would a person who adheres to the principle of rights consider it ethical for Stilton not to disclose the potential risk of cancellation to investors? Why or why not?
Under the categorical imperative, are the actions of RightLiving ethical? Why or why not?
Under utilitarianism, are Stilton's actions ethical? Why or why not? If most of the policies are legitimate, does this make a difference in your analysis?
Using the IDDR approach, discuss the decision process Stilton should use in deciding whether to disclose the risk of fraudulent policies to potential investors.
What are other ethical concerns that Stilton may be facing?
Based on the information given regarding ethics, the risk of cancellation is not disclosed to the investors and this is against the ethical principles.
What is ethics?Ethics is the moral principle that governs a person's behavior or the conducting of an activity. In this case, the risk of cancellation is not disclosed to the investors and this is unethical.
Regarding the views of Immanuel Kant's categorical imperative, Shilton should consider ethical guidelines properly and take a long-term preview for better decisions to generate business value.
Lastly, he should have valid facts and data about his potential customers which can be used for the insurance application. This can be used to visualize if a patient may be on the verge of termination.
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What are some Benefits of Government Debt?
Answer:
Increasing the debt allows government leaders to increase spending without raising taxes.
It can help deal with a crisis.
Explanation:
____________________ will not cause a shift of the AS curve in a Keynesian framework.
Answer:
C. Changes in output prices
Explanation:
Keynesian economics is a theory that deals in macroeconomics and its impact on the output, employment, inflation, etc, In this it give rise to the government expenditure and less taxes in order to stimulate the demand and pull out the global economy
If there is any changes with respect to the output prices so the shift of the AS curve would not be resulted
So the option c is correct
discuss a time when you succeeded landing the job that you want! as how you were able to get the job? What resources did you use?
To succeed in landing the job you want, you need to take the following steps:
Step 1: Identify the job that you want Before you start applying for jobs, you need to know what job you want. Identify the job position and the industry that you want to work in. Make a list of the companies that you would like to work for. Doing research about the company and job position is necessary to be able to tailor your resume and cover letter to match their requirements.
Step 2: Update your resume and cover letterThe resume and cover letter are two important tools in the job search process. It’s essential to keep them updated. It is essential to tailor the resume and cover letter for the job position you want. Be specific about the skills and experience that match the job description.
Step 3: NetworkIt’s important to network and make connections with people who work in your industry of interest. Networking could be done through LinkedIn, attending job fairs, or joining clubs or organizations that are related to your industry of interest.
Step 4: Job search engines and recruitment agencies Job search engines and recruitment agencies are excellent resources to help you find jobs in your industry of interest. Some of the popular job search engines are Indeed, Monster, and Glassdoor. Recruitment agencies are also helpful in finding jobs and have a database of available job positions.
Step 5: Prepare for the interview Once you land the job interview, it’s important to prepare and research the company and the job position. Prepare answers to common interview questions. Dress professionally and be on time. Show your enthusiasm and interest in the job position. Be confident and be yourself.
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What is the term for the idea that you can never recover more than the loss is worth, regardless of the amount of insurance that you have?
ОА
consensus ad idem
B.
the principle of indemnity
OC negligence
OD
risk classification
The principle of indemnity is the idea that you can never recover more than the loss is worth, regardless of the amount of insurance that you have.
What is loss?Loss occur due to some unplanned circumstances. It could be loss of live and properties such as cars and house.
Insurance allows us to have a backup in case of loss.
Therefore, The principle of indemnity is the idea that you can never recover more than the loss is worth, regardless of the amount of insurance that you have.
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How do state and federal courts differ in the United States?
Answer:The primary distinction is that state and local courts are authorized to hear cases involving the laws and citizens of their state or city, while federal courts decide lawsuits between citizens of different states, cases against the United States, and cases involving specific federal laws.
Explanation:
Occupations, robots are replacing humans. As it turns out, robots make very good house cleaners, but very poor guidance minants of demand for the two services are roughly similar, you would expect the demand for human guidance counselors to be the demand for human house cleaners. One factor that affects the elasticity of demand for labor is its share of total production costs. The smaller labor's share of production costs, the elasticity of demand for labor. The year is 2033. In many occupations, robots are replacing humans. As it turns out, robots make very good house cleaners, but very poor guidance counselors. Assuming the other determinants of demand for the two services are roughly similar, you would expect the demand for human guidance counselors to be the demand for human cleaners. One factor that affects the elasticity of demand share of total production costs. The smaller labor's share of production costs, the the elasticity of demand for labor.
As it turns out, robots make very good house cleaners, but very poor guidance minants of demand for the two services are roughly similar, you would expect the demand for human guidance counselors to be less elastic than the demand for human house cleaners.
RobotsThe study of robots is known as robotics. Robots are machines that can do tasks. Some robots can do tasks on their own. Other robots must always be instructed on what to do. ROBOTS is a periodical of IEEE Spectrum, the flagship publication of the IEEE, the world's biggest technical professional organization dedicated to technological growth. ROBOTS contributes to IEEE's aim of advancing technology for mankind and the engineering profession, as well as introducing students throughout the world to careers in technology.
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HELP PLEASE.
Recent research indicates that it may take only a few minutes to prevent unethical behavior. When workers face a choice between right and
wrong, they are about five times more likely to make the unethical choice when the decision is rushed.* Think about times in your life when you faced a moral decision and made the wrong choice. Did you feel rushed to make the decision? If you had taken more time to think or consult an ethical colleague, would you have made a different decision? (5-7 sentences )
Answer:
I had once visited a client and he, unusually, offered me a complimentary tip. Somewhere at the back of my mind, it felt off. So I declined. He on the other hand persisted.
Because I wanted to round up the meeting, I eventually accepted and left.
The next day was our weekly in-house academy - a day of the week when we set aside about 2 hours for learning and re-learning.
At that meeting, the HR Executive did a reminder on the value of the organisation, as well as the ethics which guide our operations. There she mentioned categorically that it was prohibited by the company to accept any type of cash gifts from the client or from the insurance companies.
As, soon as the meeting was done, I reported myself to the HR Executive and she advised that I return it and I did immediately, thankfully, the exact note was still in my possession.
I wrote a letter to the client respectfully returning the gift on the grounds that company policy forbade it and that marked the end of that episode.
If I had the company blueprint on ethics at my fingertips, I would have insisted on my initial position not to take the gift.
Cheers
The United States is an example of a __________ economy?
a)traditional
b)command
c)market
d)private
Answer:
C. Market
Explanation:
I majored in Health
Fixed vs variable cost preference. bates operates a kiosk at a local mall, selling duck calls for $30 each. the variable cost to make a duck call is $18. a new mall is opening where bates wants to locate a new kiosk. the mall operator offers the following two options for bates: 1. paying a fixed rent of $15,000 a month, or: 2. paying a fixed rent of $9,000 per month plus 10% of revenue earned from each duck call, the amount of monthly sales (in units) at which bates would be indifferent as to which plan to select is: a) 1,900 b) 2,000 c) 1,500 d) 1,600
Answer:
b) 2,000
Explanation:
sales price = $30
10% from each sale = $3
the amount of rent paid as a percentage of sales = $15,000 - $9,000 = $6,000
the indifference point in units = $6,000 / 10% revenue margin = $6,000 / $3 = 2,000 units
If Bates sells less than 2,000 units, then he should prefer option 2, but if he sells more than 2,000 units, then option 1 is better for him.