Tootsie Roll Industries is engaged in the manufacture and sale of candy. Major products include Tootsie Roll, Tootsie Roll Pops, Tootsie Pop Drops, Tootsie Flavor Rolls, Charms, and Blow-Pop lollipops. The following items were listed on Tootsie Roll's recent income statement and balance sheet. Select each item from the balance sheet as an asset (A), liability (L), or shareholders' equity (SE) item and each item from the income statement as a revenue (R) or expense (E) item.

a. Bank loans
b. Selling, marketing, and administrative expenses
c. Accounts payable
d. Dividends payable
e. Retained earnings
f. Cash and cash equivalents
g. Accounts receivable
h. Provision for income taxes
i. Product cost of goods sold
j. Machinery and equipment
k. Net product sales
l. Inventories
m. Trademarks
n. Buildings
o. Land
p. Income taxes payable
q. Rental and royalty costs
r. Investments (in other companies)

Answers

Answer 1

Answer:

Balance Sheet

a. Bank loans ( L )

c. Accounts payable ( L )

d. Dividends payable ( L )

e. Retained earnings ( SE )

f. Cash and cash equivalents ( A )

g. Accounts receivable ( A)

h. Provision for income taxes ( L )

j. Machinery and equipment ( A )

l. Inventories ( A )

m. Trademarks ( A )

n. Buildings ( A )

o. Land ( A )

p. Income taxes payable ( L )

r. Investments (in other companies) ( A )

Income Statement

b. Selling, marketing, and administrative expenses ( E )

i. Product cost of goods sold ( E )

k. Net product sales ( R )

q. Rental and royalty costs ( E )

Explanation:

All the Assets, Liabilities, and Shareholder's equity are part of the balance sheet so, these are classified under the Balance sheet as A, L, and SE respectively.

Revenue and Expesne are incorporated in the income statement to calculate the net income for the period. Both of these are classified under the income statement as R and E respectively.

All those items over which the business has control and the right to receive an economic benefit from it are defined as assets. e.g Land

All the item which represents the obligation for the business to be fulfilled in future is classified as liabilities. e.g Bank loan

All the items associated with the shareholders of the company are classified as shareholder's equity. e.g Retained Earnings.

All the items which show the income for the flow of the economic benefit for the business are considered as Revenue. e.g Net sales.

All the items show the costs incurred to receive the benefit for the business are classified as the expense. e.g Rental expenses


Related Questions

hello I would like a Hawaii pizza please how much would that be

Answers

The average price for a good quality one, will run you for $50

Answer:

Since today is Thursday kids will eat free Hawaii Pizza

a. “South Africa’s mobile market: the bottlenecks blocking competition”. With particular reference to the South African economy, discuss the validity of the opinions highlighted in the case study.

Answers

Answer:

k

Explanation:

James often feels underappreciated at work and feels as though his quality of
work on projects is unrecognized.

HOW CAN THIS PROBLEM BE SOLVED ?

Answers

James should solicit feedback, Inform your management, Be accountable for your contributions, and Let them know how much you appreciate them.

What does your job best for recognizing and appreciating you?

They will feel most valued when you provide your staff members with a sense of purpose, success, and community.

Tell them exactly how they contribute and how they fit into the bigger picture of your firm, in addition to how they interact with their teams and the more significant business.

Verify your own worth, Exercise before work, change your attitude, and concentrate on minor victories.

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Which of the following would be considered residential transactions please select all that apply

Answers

Answer:

is the reduces of an Insurance

Explanation:

there have been several complaint about the increase in the number of teenage hawkers in the street. write a letter to the editor of national newspaper discussing the problem suggesting solution

A flatter, more horizontal demand or supply curve ____

A. Is elastic
B. Is inelastic
C. Has zero elasticity
D. Has price in elasticity

Answers

A. A flatter, more horizontal demand or supply curve is elastic

ichiro just recived his latest bank statement and discovered the balance was less than the balance on his check register. what is the best explanation for the problem?
A) he deposited money in an ATM
B) he earned more money last month
C) he forgot to enter a withdrawal in the register
D) his employer paid him through direct deposit

Answers

Ichiro just received his latest bank statement and discovered that the balance was less than the balance on his check register. The best explanation for the problem is Option C. He forgot to enter a withdrawal in the register.

A check register is a document used to record transactions made in a bank account. It records the amount of money that has been withdrawn or deposited, as well as any fees or other charges that are associated with the account. A check register is usually kept up-to-date by the account holder. They can use this document to keep track of how much money is in their account, as well as how much money they have spent or received.

This document can be useful for creating a budget and making sure that there are no errors in the account. However, sometimes there can be discrepancies between the balance on a check register and the balance on a bank statement. This can happen for a variety of reasons, such as deposits or withdrawals that were not recorded, checks that were not cashed, or bank errors.

The best explanation for the problem in this scenario is that Ichiro forgot to enter a withdrawal in his check register. This means that he spent more money than he thought he did, resulting in a lower balance than he expected. Therefore, option C is the correct answer: he forgot to enter a withdrawal in the register.

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A had a capital of ₹ 125,000 on 1st April, 2018. He had also goods amounting to ₹ 45,000
which he had purchased on credit and the payment had not been made. Find out the value of
the total assets of the business.
(b) After a period of one month, he came to know that he had suffered a loss of ₹ 3,700. He
withdrew ₹ 1800 for his personal use. Find out his capital and assets of the business.

Answers

Answer and Explanation:

The computation is shown below:

a. Total assets is

= Capital + creditors

= 125,000 + 45,000

= 170,000

b. The ending capital is

= Capital - loss - drawings

= 170,000 - 3,700 - 1,800

= 164,500

The assets is

= Ending capital + creditors

= 164,500 + 45,000

= 209,500

The same should be considered

MotoSport is buying an asset that costs $730,000 and can be depreciated at 20 percent per year (Class 8) over its eight-year life. The asset is to be used in a three-year project; at the end of the project, the asset can be sold for $740,200. The company faces a tax rate of 26%. The sale of this asset will close the asset class. what is tax on CCA recapture

Answers

The tax on the CCA recapture is $306,332.

To calculate the tax on the Capital Cost Allowance (CCA) recapture, we need to determine the CCA claimed over the years and calculate the recaptured amount. The recaptured amount is the difference between the proceeds from the sale of the asset and the undepreciated capital cost (UCC) at the time of sale.

Given that the asset costs $730,000 and has a depreciation rate of 20% per year (Class 8) over eight years, we can calculate the CCA claimed each year:

Year 1: $730,000 * 20% = $146,000

Year 2: $730,000 * 20% = $146,000

Year 3: $730,000 * 20% = $146,000

Year 4: $730,000 * 20% = $146,000

Year 5: $730,000 * 20% = $146,000

Year 6: $730,000 * 20% = $146,000

Year 7: $730,000 * 20% = $146,000

Year 8: $730,000 * 20% = $146,000

The total CCA claimed over the eight years is $1,168,000.

At the end of the project, the asset can be sold for $740,200. The UCC at the time of sale is the original cost of the asset minus the CCA claimed:

UCC = $730,000 - $1,168,000 = -$438,000

Since the UCC is negative, there is a recapture of CCA. The recapture amount is the proceeds from the sale minus the UCC:

Recapture Amount = $740,200 - (-$438,000) = $1,178,200

Now, we can calculate the tax on the CCA recapture by multiplying the recapture amount by the tax rate:

Tax on CCA Recapture = $1,178,200 * 26% = $306,332

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swot explanation with examples

Answers

The answer is SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. Strengths and weaknesses are internal to your company—things that you have some control over and can change. Examples include who is on your team, your patents and intellectual property, and your location.

What's the greatest way to define business?

A company or entrepreneurial entity that engages in business, industrial, or professional activity is referred to as a business. Both for-profit and nonprofit organizations can operate as businesses. Limited liability firms, corporations, partnerships, and sole proprietorships are all examples of different business structures.

What are the two qualities that make up a business?

Business has the following characteristics: Economic activity: Since business is done with the intention of making money, it is seen as an economic activity. Buying and selling: Buying and selling products and services are part of business. Products made for personal use are not regarded as being created for sale.

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With practical illustration, discuss how managers can leverage on organizational behaviour components to maximize business success.

Answers

Answer:  

Within every organisation that is made up of humans, people are usually placed in groups and units. Because these units collectively make up the organisation, it is important to understand how people behave when they are placed in them. The study of the above is referred to as Organisational Behaviour.  

When discussing Organisational Behavior, one has to look at the following:  

1. People: Every organisation needs the right people to survive. It needs strong leadership and competent people who are culture fit with the ability to key into the vision, mission and objectives of the organisation and run with it with minimal supervision.  

Practically speaking, let's assume Tendon LLC is a start-up, the culture of the organisation will most likely reflect the values, habits and tendencies of the CEO. If the CEO values partnerships, integrity, quality, he'd lookout for those qualities in the heads of departments who he'd hire to manage units within the organisation. Those, in turn, will do the same. The extent to which such values are implemented will determine the success of the organisation, to a large extent.  

Leadership: Companies that can develop leaders the fastest will eventually win in the market place. For the sake of this explanation, let's say Leadership is the ability to influence others towards the attainment of organisational goals which are ethical and profitable and to make them love doing it.  

Strong and quality leadership prevents high attrition rates and ensure cohesion within teams. If Tendon LLC, for instance, enters the market with a stronger team that Reflex LLC who has been in the business for 15 years, the probability that Tendon will kick Reflex out of the market is high. One of the attributes of leaders are they groom other leaders quickly, they share information rather than hoard them, as they share what they know, they learn more and have more to share thus there is a free and increasing flow of knowledge.  

Other attributes of good leadership are accountability and ownership mentality. Leaders don't own the business but they show up every day like they own it and put in the work like they would if they own it. Contrast the above with Reflex who has staff that only show up to work because they have to and do only the bit they are required to.  

2. Structure: This simply refers to the various formal relationships that have been created within the organisation for the effective working of the same. For example, there is the Accounting Unit, Human Resources Unit, Marketing Unit, Customer Care Unit, Board of Directors, Executive Management etc.  

The relationship between each of these units/ roles servers to clarify reporting structures thus removing any ambiguity with the contractual, political and power relationships between the organisation.  

3. Technology: Technology in some industries has replaced a lot of jobs. The purpose of technology is to make life and work simpler, easier. However, in certain industries, for instance, robots have taken over the jobs of millions of people. This simply means that the future of organisations cannot exist without technology. Looking at it from the entrepreneur’s perspective, it is cheaper in the long run to have robots. Robots don't take sick and maternity leaves, come late to work or feel bad. They simply get the job done. This means more profit in the long run.

4. Social System:  

Where ever there is a group of people, organised towards a common goal, a social system is most likely to emerge. The values, attributes, personality and thinking of the leaders in any organisation will always influence its social system/ culture. Just like it is important to form healthy habits as an individual, an organisation must form social systems that are healthy and critical to the attainment of its organisational objectives.  

Automattic Inc --an American company-- for instance, has successfully codified its social system such that as employees are coming on board, this is communicated to them and they sign off on it. Thus, it becomes like a social contract which will guide their behavior during their stay there.  

5. Environment  

Every organisation must take into cognisance its internal and external environments. If the external environment is conducive for business, then there is one less factor to worry about. If however, just like in recent times, workers cannot come physically to work due to a pandemic, the behaviour of the organisation is altered. If they do not quickly adjust their operations to accommodate this new behaviour, it will translate to the loss of man-hours, loss of value to customers, loss of customers and ultimately an erosion of the bottom line of the business.  So is the internal environment. The internal environment must be conducive for employees to work. The environment must be such that encourages and elicits creativity, problem-solving, teamwork and cohesion.  

Cheers!  

A chain of dry-cleaning outlets wants to improve its operations by using data from devices at individual locations to make real-time adjustments to service delivery.

Which technology would the business combine with its current Cloud operations to make this possible?

Answers

Answer: edge computing

Explanation:

Edge computing refers to an open and distributed IT architecture which possesses features such as decentralized processing power, and Internet of Things (IoT) technologies.

Data is not transmitted to a day center but rather being processed by the device itself or the server. It helps in bringing data storage and computation closer to the data sources and this helps in saving bandwidth and improving response times.

Since the company wants to improve its operations by using data from devices at individual locations to make real-time adjustments to service delivery, then the technology that would be combine with its current Cloud operations to make this possible is the edge computing.

What intermediaries are most threatened by the growth of direct-to-consumer (D2C) companies?

Answers

Intermediaries such as retailers, distributors, and wholesalers may be most threatened by the growth of direct-to-consumer (D2C) companies.

What are direct-to-consumer (D2C) companies?

Generally, Direct-to-consumer (D2C) companies are businesses that sell products or services directly to consumers, bypassing traditional intermediaries such as retail stores or distributors. Instead of relying on third-party retailers to reach customers, D2C companies use their own channels to market and sell their products, such as e-commerce websites, social media, or mobile apps.

Examples of D2C companies include Warby Parker, Dollar Shave Club, and Casper.

These intermediaries typically act as middlemen between manufacturers and consumers, and D2C companies bypass them by selling products directly to consumers through their own channels.

This can result in lower costs and prices for consumers, as well as increased control over the customer experience for the D2C company. However, it can also lead to lower profit margins and reduced market share for intermediaries.

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2. What will $110,000 grow to be in 9 years if it is invested today at 11%?

Answers

The $110,000 would grow to $ 281,384.06  in 9 years if invested at 11% per year.

What is future value?

The future value of an amount is its future equivalent value when the amount invested today has earned interest as well as the interest earned upon interest, which is known as the compounding effect, for instance, interest earned in year 1 would also earn interest in years 2-9.

The future value formula of a single cash flow is provided below:

FV=PV*(1+r)^N

PV=$110,000

r=11%

N=number of years that investment would last=9

FV=$110,000*(1+11%)^9

FV=$ 281,384.06

In essence, $110,000 invested today would become $281,384.06  in 9 years.

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When the perpetual inventory system is used, the inventory sold is debited to

Answers

The journal? Ambiguous question

________ is a common sales indicator which tells how well the hotel has fully utilized the room resources to maximize profit.

Answers

GOPPAR is a common sales indicator which tells how well the hotel has fully utilized the room resources to maximize profit.

Gross operating profit per available room is a hospitality enterprise metric that measures the connection between a hotel's sales and fees, offering a higher photograph of your inn's monetary health

GOPPAR is the abbreviation for gross running profit per to be had room, a key overall performance indicator for the inn enterprise.

First, you need to parent out the lodge or hotel's gross operating earnings. To do that, subtract operating prices from gross sales. From there, surely divide the motel's gross running earnings by means of the full wide variety of to be had rooms.

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- Any four major manufacturing firms of Nepal. ​

Answers

4 major manufacturing firms in Nepal

Nepal Lever Ltd.Himalayan Snacks Pvt. Ltd.Unitech Nepal Pvt. Ltd.Gorkha Brewery Pvt. Ltd.

Nepal Lever Ltd. has 3 divisions homecare, Beauty and personal care and has a long history going back to the 1950s, it has FnR that aims for consistent, competitive, profitable and responsible growth.

Himalayan Snacks Pvt. Ltd. was established in 1900 and deals in supplying and trading noodles, foodstuffs, etc. The supplier company is located in Kathmandu, Bagmati.

Unitech Nepal Pvt. Ltd. offers a variety of products and services, some of which are software development, e-web development, mobile application development, digital marketing and IT consulting.

Gorkha Brewery Pvt. Ltd. deals with the production and distribution of alcoholic beverages and was established in 1989 in Kathmandu, Nepal.

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Which of the following are pre-award considerations that impact post-award subcontracting compliance management?

Answers

The options that are pre-award considerations that impact post-award subcontracting compliance management are:

1)Will advance notification and consent to subcontract be required?

3)Will the contract be set aside for one of the small business socioeconomic categories?

4)Will the contract include government property?

Why is subcontract management important?

Subcontract management, when correctly implemented, encourages uniformity in the administration of subcontracts across functions, reduces risk to the business and contract, and can boost profitability.

The process of hiring and supervising subcontractors on behalf of a customer is known as subcontractor management. General contractors are accountable for this in construction.

Respect for the standards and guidelines established in a contract is referred to as contract compliance. This frequently entails periodic inspections of an existing contract to look for deviations and assess compliance with compliance rules and standards.

Therefore, The process of making sure people and operations at all levels of the business abide by rules, regulations, and specifications is known as compliance management. Governments, industry groups, regulatory agencies, and employee unions are just a few of the many organizations that set requirements.

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See full question below

Which the following are pre-award considerations that impact post-award subcontracting compliance management?) (Select three that apply)

1)Will advance notification and consent to subcontract be required?

2) Will the prime contractor be required to attend the post-award orientation conference?

3)Will the contract be set aside for one of the small business socioeconomic categories?

4)Will the contract include government property?

What does it mean for a marketer to use an integrated promotional strategy?
A. Developing a promotional mix in which all methods work together
toward a shared purpose
B. Measuring success in terms of number of people who receive a message, customers' attitudes, and sales volume
C. Promoting products to end users, so they will persuade resellers
to carry the products
D. Promoting products to wholesalers and retailers, so they will in
turn promote to consumers
Please help

Answers

Answer:

the answer is A. Developong a promotional mix in which all methods work together toward a shared purpose.

Explanation:

In order to use an integrated promotional strategy by developing a promotional mix in which all methods work together toward a shared purpose. Thus, option 'A' is the correct option.

What is an integrated promotional strategy?

A strategy for communicating a consistent message via all the marketing platforms your brand employs is called integrated marketing. It offers uniformity no matter where clients choose to deal with a business. Without an integrated marketing plan, you run the danger of conveying conflicting information or speaking incoherently.

With the aid of an integrated content strategy, sales prospects may advance through the conversion funnel at their own speed and on their own terms. With awareness-raising and educational content like films, infographics, and whitepapers, your buyer's sales journey gets started. A coordinated strategy, overall corporate goals, and company values are followed by all channels of marketing communications under an integrated approach.

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John Bryant Optical Dispensary completed the following transactions during the latter part of​ March:Mar. 15 Purchased office supplies on account, $4,200 28 Paid $1,800 on account. Requirements. Mar. 28 Accounts Payable 1,000 Cash 1,800 Paid cash on account. The following T-accounts have been opened for you: Cash Accounts PayableBal $21,000Office SuppliesRequirements
1. Journalize the transactions of Roland Foster Optical Dispensary. Include an explanation with each journal entry.
2. Open the following accounts (use T-account format): Cash (Beginning Balance of $21,000), Office Supplies, and Accounts Payable. Post the journal entries from Requirement 1 to the accounts, and compute the balance in each account.

Answers

Answer:

1.                             Journal Entry

Date            Account and Explanation              Debit       Credit

March 15     Office supplies                               $4,200

                          Accounts Payable                                     $4,200

                    (To record purchase of office supplies on account)

March 28      Account Payable                          $1,800

                            Cash                                                           $1,800

2.                                Cash

Debit          Amount        Credit          Amount

Balance      $21,000        $1,800        March 28

Balance      $19,200

                              Office Supplies

Debit             Amount        Credit          Amount

March 15         $4,200            -                      -

Balance          $4,200

                               Account Payable

Debit          Amount        Credit          Amount

March 28      $1,800        March 15      $4,200

                                         Balance       $2,400

Name and explainations of 2 CSR/CSR initiatives that Woolworths carries out

Answers

Woolworths introduced The Good Business Journey in 2007 as a long-term initiative as part of their corporate social investment (CSI) plan. My Village My School Woolworths' educational program, etc.

What are CSR initiatives ?

Woolworths is also funding a trial program for nutrition and a WASH (water, sanitation, and hygiene) program.

The program trains community members who volunteer to handle food in the safe and hygienic preparation of nutritious lunches for kids.

According to Schreuder, Woolworths has been successful in providing high-quality goods, convenience, and quick service while rapidly growing, including a growing presence in gas station forecourts.

This demonstrates that, when given the option, people are willing to pay extra for high-quality goods.

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On December 31, 2021, Wildhorse, Inc. leased machinery with a fair value of $1,425,000 from Cey Rentals Co. The agreement is a 6-year noncancelable lease requiring annual payments of $270,000 beginning December 31, 2021. The lease is appropriately accounted for by Wildhorse as a finance lease. Wildhorse’s incremental borrowing rate is 11%. Wildhorse knows the interest rate implicit in the lease payments is 10%. The present value of an annuity due of 1 for 6 years at 10% is 4.7908. The present value of an annuity due of 1 for 6 years at 11% is 4.69590.In its December 31, 2021 balance sheet, Wildhorse should report a lease liability of:_______

Answers

Answer:

$1,023,516

Explanation:

The computation of the lease liability reported is shown below:

= Present value of annual payment - Annual payments

where,

Present value of annual payment = 270000 × 4.7908

= $1,293,516

And, the annual payment is $270,000

So, the lease liability reported is

= $1,293,516 - $270,000

= $1,023,516

We simply applied the above formula to determine the lease liability

The deans' suite hoped to cut costs and decided to perform a total cost analysis on its vodka supplier. Consumption was currently 6,000 bottles per semester and this was predicted to maintain that level for the next few years. Their current source, Byron's, charged $9.50 per bottle and packed 288 bottles in a crate. The cost to ship the crate was $15. Another potential source of vodkas was Pancho's, who charged $9.00 per bottle but could ship only 100 bottles in a crate and at a higher price, $20. Assume that a partial crate may be purchased. What is the total annual cost to supply vodka from their current supplier

Answers

Answer:

$55,200

Explanation:

Consumption = 6000 bottles

Cost per bottle = $9

Consumption Cost = 6000*$9 = $54,000

No of crates = 6000/100 = 60 crates

Cost pet crate = $20

Crate cost = $1,200

Total annual cost = Consumption Cost + Crate cost

Total annual cost = $54,000 + $1,200

Total annual cost = $55,200

So, the total annual cost to supply vodka from their current supplier is $55,200

The  total annual cost to supply vodka from their current supplier is $55,200.

Total annual cost

Consumption Cost:

Consumption Cost = 6000×$9

Consumption Cost = $54,000

Number  of crates:

Number  of crates = 6000/100

Number  of crates= 60 crates

Total annual cost:

Total annual cost=$54,000+(60×$20)

Total annual cost = $54,000 + $1,200

Total annual cost = $55,200

Inconclusion the  total annual cost to supply vodka from their current supplier is $55,200.

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NBM common stock recently paid annual dividend in the amount of $2.25 per share. The analyst’s estimate of the firm’s growth forecast over the next 4 years is 18.00% and over 3 years after that of 16.5%. You expect the firm to slow down in the long run and estimate the long-term growth rate after 7 years to be 6.5%. If the required rate of return on the stock is 11%, what is your estimate of the stock price?

Answers

Using the dividend discount model with given growth rates and required rate of return, the estimated stock price for NBM common stock is calculated by discounting future dividends, resulting in the stock price.

To estimate the stock price of NBM common stock, we can use the dividend discount model (DDM) which calculates the present value of future dividends.

First, let's calculate the dividends for the next 7 years:

Year 1: $2.25 (given)

Year 2: $2.25 * (1 + 18%) = $2.655

Year 3: $2.655 * (1 + 18%) = $3.1399

Year 4: $3.1399 * (1 + 18%) = $3.7029

Year 5: $3.7029 * (1 + 16.5%) = $4.3177

Year 6: $4.3177 * (1 + 16.5%) = $5.0273

Year 7: $5.0273 * (1 + 6.5%) = $5.3485

Next, let's calculate the present value of these dividends using the required rate of return of 11%:

PV = D1 / (1 + r) + D2 / (1 + r)^2 + ... + D7 / (1 + r)^7

PV = $2.25 / (1 + 0.11) + $2.655 / (1 + 0.11)^2 + $3.1399 / (1 + 0.11)^3 + $3.7029 / (1 + 0.11)^4 + $4.3177 / (1 + 0.11)^5 + $5.0273 / (1 + 0.11)^6 + $5.3485 / (1 + 0.11)^7

Finally, summing up the present values, we can estimate the stock price:

Stock Price = PV

Calculating this equation will give the estimated stock price of NBM common stock.

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Which of the following is not a measure of central tendency?​

Answers

Answer:

Standard deviation is not a measure of central tendency

Explanation:

Deviation means change or distance. But change is always followed by a reference. Hence standard deviation is a measure of change from central tendency i.e. mean. It is not itself a measure of central tendency.

Innovate ways where you can prove the law of action-reaction.

Answers

The ways where you as a person can prove the law of action-reaction are:

When a player pushes the ball forward with force while holding it, the ball pushes back on the player's hand.Student tugs on desk, which tugs back on student (This is how you can "pull" yourself forward.)

How can the law of action and reaction be proven?

When a person pushes against a wall (action force), the wall pushes back with an equal and opposing force (reaction force). The Space Shuttle lifts (there is no slingshot involved!) because the hot gases push out hot gases (action force) and exert a force on the Space Shuttle engines (reaction force).

Therefore, it can also be shown through Swimming. With  the use of the hands, a forward-swimming individual forces the water to move backward. A response force is created as a result of the action force that the individual is exerting.

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Smith Law Firm specializes in the preparation of wills for estate planning. On October 1, 2021, the company begins operations by issuing stock for $11,000 and obtaining a loan from a local bank for $22,000. By the end of 2021, the company provides will preparation services of $29,000 cash and pays employee salaries of $20,000. In addition, Smith pays $1,700 in cash dividends to stockholders on December 31, 2021.

Answers

Answer: $31,300

Explanation:

The Financing Section of the Cashflow statement deals with any and everything that has to do with the raising of capital for the business and the accounts that are concerned with this. This means that anything to do with the Equity Accounts including dividends as well as the Bond Accounts and long term loans falls under this section.

Out of Smith Law Firm's transactions for 2021 that we are given, the following are therefore classified as Financing Activities.

1. Issuing Stock

2. Obtaining a Loan

3. Dividend Payment.

Remember, inflows increase the cash balance and Outflows reduce it.

The total.amount of Financing Cashflows will therefore be,

= 11,000 (stock issuance which is inflow) + 22,000 (loan acquisition which is an inflow) - 1,700 (dividends are Outflows)

= $31,300

$31,300 is the amount of Financing Cashflows Smith will report in 2021.

people in the labor force without jobs who have not made active efforts to find a job during the month before the survey are considered to be not in the labor force, but not officially unemployed.

Answers

The employed and the unemployed together make up the labor force. No one is regarded as being in the labor force if they are neither employed nor looking for work.

What is the phrase used when a person is actively looking for work but does not currently have one?

Three groups of persons are referred to as being underemployed: those who are looking for work while they are unemployed, those who are required to work part-time jobs despite wanting full-time jobs, and those who are still regarded as somewhat attached but are no longer looking for work.

What is the name of someone who is unemployed?

Having no paid employment involves being unemployed. When someone is referred to as being unemployed, they are often out of work and looking for employment.

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What happens if you pay more than the minimum payment on a credit card statement?

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You Reduce Your Credit Utilization Ratio and Likely Improve Your Credit Scores. Paying more than the minimum will reduce your credit utilization ratio—the ratio of your credit card balances to credit limits.

When you utilize something, you use it, whether or not it's miles a device, like while you make use of a pen to put in writing something down, or a skill or expertise, like the pace you utilize whilst you run a race. So utilization is the act of using, just like the utilization of your voice that permits you to sing a song.

Usage is defined as the amount of an employee's available time that's used for effective, billable work, expressed as a percent. A worker's usage fee is a vital metric for companies to tune.

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what are other information that should be included in the deposit and withdrawal forms?​

Answers

Answer:

account number needed , name of bank, withdrawing needs pin e.t.c

Percentage of sales budgeting can also be called _____.


arbitrary budgeting

objective and task budgeting

rule of thumb budgeting

competitive budgeting

Answers

Answer:

promotional budget is set as a percentage of current or anticipated sales

Typical percent of sales is 2%-5%

Explanation:

so I would have to say arbitrary budgeting
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