Therefore, the depreciation expense for 2021 is $9,500. The answer is option B.
First, we need to calculate the annual depreciation rate, which is (100% / estimated life) x 2. For double-declining-balance, we double the straight-line depreciation rate.
Annual depreciation rate = (100% / 8 years) x 2
= 25%
Depreciation expense for 2021 = (carrying value at beginning of year) x (annual depreciation rate)
The carrying value at the beginning of the year is the cost of the van minus any accumulated depreciation. Since this is the first year, accumulated depreciation is zero.
Carrying value at beginning of year = $38,000 - $0
= $38,000
Depreciation expense for 2021 = $38,000 x 25%
= $9,500
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abigail bought 28 shares of stock at $30.00 per share. she received dividend of $49.50 during the year. at the end of the year, her stock was valued at $43.50 per share. what was her ROI?
If her stock was valued at $43.50 per share. Her ROI is:50.89%
Return on investmentFirst step
Purchase price=(28×$30)-(28×$43.50)
Purchase price= $840-$1218
Purchase price=$378
Gain in value=$378+ $49.50
Gain in value=$427.5
Second step
ROI=$427.5/$840×100
ROI=50.89%
Therefore the ROI is $15.89%.
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Carl is an electrician. A new building is starting construction. Carl would like to win the contract for
electrical work for the building. He should
do nothing; they will contact him if they need his work
O send a resumé
O call and leave a long voicemail that gives prices and procedures
O create a type of business report called a business proposal
A enterprise idea is a formal report that's created by means of a enterprise and furnished to a prospect to invulnerable a commercial enterprise agreement. It's a frequent misconception that enterprise proposals and enterprise plans are the same.
The notion targets to promote your product or carrier alternatively than your enterprise itself.
What is called business proposal?Image end result for TO create a type of commercial enterprise document called a commercial enterprise proposal
A commercial enterprise proposal is a document that outlines a proposed enterprise plan, detailing the product or services to be provided, the fees related with the project, and the predicted outcomes.
Is a business concept a report?Some human beings tend to use them interchangeably, though they refer to two kinds of professional documents. A formal research record is carried out to see if a workable assignment will succeed, while a business notion is written with the intention of beginning a new product.
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Four people are applying for a job. This chart shows the company’s favorite characteristic of each of these job applicants:
what is the differences and similarities between rental goods services and non goods services
Answer and Explanation:
Rented-Goods Services are represented by retailom where consumers can own a good, or use a service for a specified time. As an example of this, we can mention hotel rooms, ski clothes, cars, houses, among others.
Nongoods Services are also represented by retail, but it presents personal services, where consumers can try them, judge them and then decide if they want to own them.
Write a question keep it simple
Answer:
Why do people break up if they love each other?
Explanation:
sorry it's not simple lol
education opens the door to employment.
Answer:
yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.
The Morrit Corporation has $1,080,000 of debt outstanding, and it pays an interest rate of 11% annually. Morrit's annual sales are $6 million, its average tax rate is 25%, and its net profit margin on sales is 3%. If the company does not maintain a TIE ratio of at least 6 to 1, then its bank will refuse to renew the loan, and bankruptcy will result. What is Morrit's TIE ratio?
Answer:
3.020
Explanation:
Morrit Corporation
interest amount = $1,080,000*.11 = $118,800
Net profit = 3% *$6,000,000= $180,000
Net profit + tax = profit before tax =
180000/.75 = 240000
Profit before tax + Interest = Earning before interest and tax
= $240,000+$118,800 = $358,800
TIE ratio= EBIT/Interest = $358,800/118,800
= 3.020
Therefore the TIE ratio is 3.020
If the CEO assumes that the customer profiles in Chicago is most representative of all the locations and she only samples customers from Chicago for the survey, she is doing
a. Quota sampling
b. Simple random sampling
c. Convenience sampling
d. Judgment sampling
Representative of all the locations and she only samples customers from Chicago for the survey, she is doing Judgment sampling.
In the non-probability sampling technique known as judgment sampling, or authoritative sampling, the researcher chooses the units to be sampled based on his own prior knowledge or his professional judgment. Purposive sampling, also known as judgmental, selective, or subjective sampling, is a type of non-probability sampling in which researchers pick individuals from the public to take part in their surveys based on their own judgment. Three circumstances make the use of judgemantal sampling appropriate: (1) choosing distinctive respondents who are particularly instructive; (2) choosing members of a hard-to-reach, niche community; and (3) identifying specific sorts of respondents for in-depth examination.
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If gas prices increase, what would happen to incomes for households and businesses?
Answer:
If gas prices continue to increase household incomes people are getting now may not be enough for the family, causing people to ask for extra hours which when giving extra hours once a person is on overtime they legally have to make at least pay and a half per hour, so if someone is making $15 an hour, once they are on overtime they make $22.50 causing businesses to put out more money. Businesses may also not be able to afford the overtime causing the worker to continue struggling with pay and either look for a higher-paying job or get a second job.
Establish the correct sequence of steps in the accounting measurement process. a. Record in a systematic fashion b. Identify relevant economic activity c. Quantify economic activity Select one: O ACB O СВА O CAB O BCA O ABC O BAC
O ABC. Determining the monetary value of an economic activity entails measurement, a fundamental accounting concept.
In the accounting process, which involves calculating the monetary value of economic activity, measurement is an important stage. Finding the relevant economic activity, which is any transaction or occurrence that has an effect on the organization's finances, is the first step in the measuring process. The economic activity is then quantified, or given a monetary value. Finally, the data is systematically recorded, typically in a ledger or other accounting records. Financial data used to create financial statements like the balance sheet and income statement is the end product of the measurement process. Management, investors, and other stakeholders utilise these statements as a quick picture of an organization's financial condition and performance to make defensible decisions.
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Which policy highlight would discuss how to approach an employer if you need to change a scheduled interview?.
The policy highlight that would address how to approach an employer if a scheduled interview needs to be changed is: The Public highlight.
What is a Public highlight?A public highlight is an unwritten social laws institutionalized to solve unplanned problems. These policies serve as guide when implementing programs or actions created by an organization.
So for a planned interview to suddenly change, a public policy highlight would be most appropriate to implement. It gives room for an unforeseen event.
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Suppoe that the government regulate the price that a natural monopolit can charge to be equal to the firm' average total cot. Then the firm will
A natural monopolist can charge to be equal to the firm's average total cost. Then the firm will: average cost pricing rule. The correct answer is false.
A monopoly, as defined by way of Irving Fisher, is a market with the "absence of competition", creating a situation wherein a particular person or employer is the only supplier of a particular factor.
A monopolist refers to a character, institution, or corporation that dominates and controls the marketplace for a particular accuracy or carrier. With this lack of competition and shortage of substitute goods or offerings approach the monopolist wields sufficient power inside the market to rate high expenses.
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1 point
Danny receives a salary of $660 a month and a 7.5% commission on all
sales above his monthly quota of $15,000. His sales for the month totaled
$32,000. What was his gross income for the month? *
$3,060
$1,275
$2,400
$1,935
Answer:
1935
Explanation:
32,000-15,000 = 17,000
17,000 x 0.075 = $1275 (this is his commission)
1275 + 660 = $1935
$1935 is his gross income for the month
Compute Bond Proceeds, Amortizing Discount by Interest Method, and Interest Expense Lewis Co. Produces and sells aviation equipment. On the first day of its fiscal year, Lewis Co. Issued $90,000,000 of three-year, 12% bonds at a market (effective) interest rate of 14%, with interest payable semiannually. Compute the following: a. The amount of cash proceeds from the sale of the bonds. Use the tables of present values in Exhibit 8 and Exhibit 10. Round to the nearest dollar. $ b. The amount of discount to be amortized for the first semiannual interest payment period, using the interest method. Round to the nearest dollar. $ c. The amount of discount to be amortized for the second semiannual interest payment period, using the interest method. Round to the nearest dollar. $ d. The amount of the bond interest expense for the first year. Round to the nearest dollar. $
To compute Bond Proceeds, Amortizing Discount by Interest Method, and Interest Expense of Lewis Co. that Produces and sells aviation equipment will be as follows:
a. Sale of the Bonds from cash proceeds
Bond issue price is bond face value at present value plus all future interest payments at present value.
At a market interest rate of 12% (semiannually), the face value of bonds is worth:
For a total of 10 periods, $60,000,000 × PV of $1 at 6%
$60,000,000 × 0.558 = $33,480,000
The present value of interest payments to be paid at 10% semiannually:
Every semi-annual interest payment equals $60,000,000 x 0.05 = $3,000,000.
For ten periods, we utilize the present value of an ordinary annuity rate at 6%.
PV of interest payments = 3,000,000 x 7.3601 and is $22,080,300.
Hence, the bond's issue price is $33,480,000 + $22,080,300, which is $55,560,300.
b and c. Determine the Discount Amortization for the First and Second Semiannual Periods
Date Bonds Discount on Book value of the
payable bonds payable bonds payable $
balance $ (a) opening balance $ (b) (c) = (a) - (b)
issue 60,000,000 4,439,700 55,560,300
date
1st
semi-
annual 60,000,000 4,439,700 55,560,300
2nd
semi-
annual 60,000,000 4,106,082 55,893,918
Total interest Interest Expense
to be paid 12% effective interest rate
(10% semiannually) (over 5 years semiannually)
on (a) on (c)
0 0
3,000,000 3,333,618
3,000,000 3,353,635
Amortization of Discount on bonds
discount on payable
bonds payable closing balance
0 4,439,700
3,333,618 4,106,082
3,353,635 3,752,447
d. First-Year Bond Interest Costs: $3,333,618 + $3,353,635 = $6,687,253
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common misconception about entrepreneurship
Answer:
1. Entrepreneurs can only be successful if they have large funding backing them.
2. Entrepreneurs have cushy hours.
3. Entrepreneurs have to do everything themselves.
5. Entrepreneurs have to take huge risks.
7. Entrepreneurs are never stressed out.
8. Entrepreneurs are all wealthy.
9. Entrepreneurs are their own boss.
10. Entrepreneurs have more personal time.
Rachel wants to borrow $8,000. She is willing to pay back $8,380 in 6 months. What interest rate will she pay?
The interest rate is the percentage charged or earned on a loan or investment, representing the cost of borrowing or the return on investment. Rachel will pay an interest rate of approximately 0.7917% for the 6-month loan.
To calculate the interest rate Rachel will pay, we can use the formula for simple interest:
Interest = Principal x Rate x Time
In this case, the principal (P) is $8,000, the amount Rachel wants to borrow, and the interest (I) is $8,380 - $8,000 = $380, the amount she will pay back. The time (T) is 6 months.
Plugging the values into the formula, we have:
$380 = $8,000 x Rate x 6
Rate = $380 / $48,000
Calculating the division:
Rate = 0.00791666...
Converting to a percentage:
Rate ≈ 0.7917%
Therefore, Rachel will pay an interest rate of approximately 0.7917% for the 6-month loan.
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A span of control is a diagram that shows the structure of an organization.
O a. True
O b.False
Answer:
False
Explanation:
hierarchy shows the structure of an organization
In human resource management span of control are the management procedure of the business and its components like several working people, projects, deals, organizations etc.
The span of control does not represent the structural organization and hence the statement is:
Option B. False
The structural organization is a blueprint of how a certain task or activity will be performed to achieve the targeted goal.It depicts the flow of information within the company and between the different posts and levels.The span of control is a depiction of how single or multiple organizers and leaders supervise subordinates.Therefore, the given statement is false.
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To calculate profit, you __________. Choose the answer.
A.) subtract the costs from the revenue
B.) add up the revenue
C.) add up the revenue and the costs
To calculate profit, a person must subtract the costs from the revenue. Option A is correct.
What is the profit?Profit is defined as the financial advantage obtained when the income generated by a commercial activity exceeds the expenses, costs, and taxes associated with the activity in question. To determine profit, subtract the costs from the revenue.
Profit is the money left over after deducting company expenditures. Profit is classified into three types: gross profit, operational profit, and net profit. The gross profit is the highest. It demonstrates how much money was left over after paying for the products and services offered.
Therefore, option A is correct.
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The first paragraph of a business letter is the ____.
A. Introduction
B. Addresses
C. Conclusion
D. Supporting details
Answer:
A. Introduction is the first paragraph
Explanation:
You start with an introduction when writing a business letter
Which of the following correctly expresses the avenue through which expansionary monetary policy affects output in the standard model?...
Expansionary monetary policy leads to lower interest rates, which raises investment and leads to higher output.
Expansionary monetary policy affects output in the standard model by lowering interest rates, which in turn raises investment and leads to higher output.
Expansionary monetary policy refers to the actions taken by a central bank, such as decreasing interest rates or increasing the money supply, to stimulate economic growth and increase aggregate demand. In the standard model, when the central bank implements expansionary monetary policy, it aims to lower interest rates.
Lowering interest rates has a direct impact on investment. When interest rates are lower, it becomes cheaper for businesses and individuals to borrow money for investment purposes. As a result, investment spending increases, leading to an expansion of productive capacity and output in the economy.
The reduction in interest rates also encourages consumer spending. Lower borrowing costs make it more affordable for individuals to finance purchases such as homes, cars, and other goods. This increase in consumer spending further boosts overall demand and contributes to higher output levels.
To summarize, expansionary monetary policy's avenue to affecting output in the standard model involves lowering interest rates. This action stimulates investment and consumer spending, ultimately leading to increased output and economic growth.
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Imagine you are a training and development specialist.
You are tasked with creating a training workshop about strong meeting facilitation. Create an outline for this workshop.
Include:
Medium: Is your training in-person, webinar, online, or some other method? Objectives: What are your intended outcomes?
Outline: What information topics will you deliver on? What activities will you ask the people in the training to do, individually and in groups? How will the content be organized?
Deliverables: What will you have attendees produce or accomplish by the end of the training to show that they have absorbed the information?
Evaluation: What can you do at the end to measure participants' feelings about the training?
The goal of training session is to provide attendees with knowledge, skills, and understanding that they can apply in their work or personal lives.
What is training?Training is the process of teaching or learning a particular skill, knowledge, or behavior through practice and instruction. In the context of machine learning, training refers to the process of teaching a computer algorithm to recognize patterns and make predictions based on input data. During training, the algorithm is fed a large amount of data, along with the correct outputs, and it adjusts its parameters to minimize the difference between the predicted output and the actual output. This process is repeated over many iterations until the algorithm can accurately make predictions on new, unseen data. Training is a crucial step in developing effective machine learning models and is essential for a wide range of applications, from image recognition and natural language processing to self-driving cars and fraud detection.
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Help answer these two questions pleaseee
1. Across the course, you've learned about many other desktop publishing software programs besides PowerPoint. Identify at least two other technologies available for desktop publishing (the software can be presentation-based, word processing, spreadsheet software.etc.). What are some common features across PowerPoint and these other programs?
2. What are 2 differences that could be expected in how an employee would speak to other staff members in a truly flat organizational structure compared to a hierarchical structure?
Answer:
1.
At least two other technologies available for desktop publishing:
Microsoft WordMicrosoft ExcelMicrosoft PublisherCommon features across PowerPoint and the above programs:
These programs are all part of the Microsoft 365 (formerly Microsoft Office) suite of software tools. They are available for both personal and professional use. All programs use a subscription model. They are designed to be compatible across Microsoft's entire product line and allow for instant collaboration among multiple registered users.
2.
Two differences in how an employee might speak to other staff members in a flat organizational structure versus a hierarchical structure:
Less expectation of formality: speech would likely be delivered in a more casual manner and tone among many staff membersAn increase in dialogue: a reduction or elimination of middle management necessitates increased collaboration among staffIn U.S. markets, there are many substitute products for Fruit Loops cereal, suggesting the price elasticity of demand for Fruit Loops is low. True False
Fruit Loops is a well-known brand of colorful, sugar-coated cereal that is popular among children and adults alike. Kellogg's introduced Fruit Loops to the American market in 1963, and it has been a popular breakfast cereal ever since.
Price elasticity of demand is defined as the percentage change in the quantity demanded in response to a one percent change in the price of a good or service. When the price elasticity of demand is low, it means that the quantity demanded for a good or service is not significantly affected by changes in price, whereas, if the price elasticity of demand is high, it means that even minor price changes can have a significant impact on the quantity demanded. The elasticity of demand can be influenced by a variety of factors, including the availability of substitute goods, the proportion of the buyer's budget spent on the good, and the length of time the good remains in use. Therefore, in the U.S. markets, Fruit Loops cereal has many substitute goods, and as a result, its price elasticity of demand is high. This means that even small changes in the price of Fruit Loops cereal can have a significant impact on the quantity demanded of the cereal.
As mentioned above, Fruit Loops cereal has many substitute products in the United States, which implies that the price elasticity of demand for Fruit Loops is high, not low. When the price elasticity of demand is high, small changes in the price of a good can have a significant impact on the quantity demanded, whereas when it is low, changes in the price of a good do not have a significant effect on the quantity demanded. As a result, even a small change in the price of Fruit Loops cereal can have a significant impact on the quantity demanded.
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compare and contrast reference theory of meaning and idea theory of meaning
Explanation:
Reference theory of meaning is a philosophical thought that believes the meaning of a word or acronym is doing in what it points out in the world. But the idea theory of meaning feels the meaning of a word or acronym lies in the group it represents.
For example, the meaning of the term would be seen as relating to illnesses and viruses as well as number of years from the point of view of idea theory of meaning. While the reference theory of meaning would allude the meaning using proper reference to the illness (Coronavirus) that caused the disease.
An applicants medical information receives from the medical informatuon bureau may be furnished to who?
Why is organic manure used in soil? Explain briefly.
Explanation:
the supply plant nutrients including micronutrients they improve soil physical properties like structure of water holding capacity etc. they increase the availability of nutrients.
3. describe the treatment of a not-for-profit, nongovernmental foundation that is related to a public university under gasb standards.
A not-for-profit foundation related to a public university is considered a component unit of the university under Governmental Accounting Standards Board (GASB) standards, and its financial statements must be presented with the university's financial statements.
The foundation's financial statements must follow GASB standards, which require the use of the accrual basis of accounting and the preparation of a statement of financial position, a statement of activities, and a statement of cash flows.
The foundation's financial statements must also include a note disclosing its relationship with the university, including any financial support or other significant transactions between the two entities.
If the foundation is financially interrelated with the university, the university must also disclose the foundation's financial information in its own financial statements. This is to ensure transparency and accountability in the financial reporting of the university and its related entities.
In summary, a not-for-profit, nongovernmental foundation that is related to a public university is treated as a component unit of the university under GASB standards. Its financial statements must be presented in conjunction with the university's financial statements, and follow GASB standards for financial reporting and disclosure.
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The income effect of an increase in the price of salmonA) is the change in the demand for salmon when income increases.B) refers to the relative price effect—salmon is more expensive compared to other types offish—which causes the consumer to buy less salmon.C) refers to the effect on a consumer's purchasing power which causes the consumer to buy lesssalmon, holding all other factors constant.D) is the change in the demand for other types of fish, say trout, that results from a decrease inpurchasing power.Table 10-2
Income effect of an increase The correct option is A) is the change in the demand for salmon when income increases.
The possibility for spending and saving that an entity has obtained during a specific period of time is referred to as income, which is often expressed in monetary terms. [1] Income is a difficult concept to define, and different sectors could have different definitions. [2] Required Page For instance, a person's income in a legal sense and their income in an economic sense may not be the same thing. A key concept of income that is widely applied in economics is Haig-Simons income. Income is described as consumption plus net worth change.In the United States, income is defined by tax law as the sum of all wages, salaries, profits, interest payments, rent, and other forms of earnings received within a calendar year.
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As you read through the draft of your message, you consider whether parts of your message should be rearranged to make your point more effective. Proofreading Evaluating Editing
Answer:
The correct answer will be "Editing".
Explanation:
Editing seems to be the process where even the letter being written is reconstructed or reconfigured to more efficiently express the letter. Arranging, modifying, as well as assembling a recorded, written, or video content for official completion, commonly by such an individual except for the producer of the content (considered as an editor).The other options in question aren't relevant to the particular circumstance. So the option available here is just the right one.
You buy a TIPS at issue at par for $1,000. The bond has a 4.5% coupon. Inflation turns out to be 3.5%, 4.5%, and 5.5% over the next 3 years. The total annual coupon income you will receive in year 3 is _________.$47.03$45.00$51.35$49.50
the total annual coupon income you will receive in year 3 is $47.48, which is closest to option C: $51.35.
The total annual coupon income you will receive in year 3 can be calculated using the formula: Par Value x Coupon Rate. In this case, the Par Value is $1,000 and the Coupon Rate is 4.5%. So, the annual coupon income is $45.
However, since this is an annual bond, we need to adjust for inflation. The inflation rates for the next 3 years are 3.5%, 4.5%, and 5.5%. To calculate the inflation-adjusted coupon income, we need to multiply the original coupon income by the inflation-adjustment factor for each year.
For year 1, the inflation-adjustment factor is 1 + 3.5% = 1.035. So, the inflation-adjusted coupon income for year 1 is $45 x 1.035 = $46.58.
For year 2, the inflation-adjustment factor is 1 + 4.5% = 1.045. So, the inflation-adjusted coupon income for year 2 is $45 x 1.045 = $47.03.
For year 3, the inflation-adjustment factor is 1 + 5.5% = 1.055. So, the inflation-adjusted coupon income for year 3 is $45 x 1.055 = $47.48.
Therefore, the total annual coupon income you will receive in year 3 is $47.48, which is closest to option C: $51.35.
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