Answers
Answer:
private proptery rights are real estates,buildings,objects,intellectual property
Explanation:
private proptery
Related Questions
Rolling rides theme park has a monthly advertising budget of 8400. They plan to spend 25% for television, 20% for newspaper, 20% for outdoor signs, 18% for radio, and the remainder for coupons. How much do they plan to spend on coupons for four months
Answers
Rolling Rides Theme Park plans to spend $5712 on coupons for four months.
To find out how much Rolling Rides Theme Park plans to spend on coupons for four months, we need to first calculate how much they plan to spend on each of the other advertising methods for one month.
Television: 25% of $8400 = 0.25 x $8400 = $2100
Newspaper: 20% of $8400 = 0.20 x $8400 = $1680
Outdoor signs: 20% of $8400 = 0.20 x $8400 = $1680
Radio: 18% of $8400 = 0.18 x $8400 = $1512
To find out how much will be spent on coupons, we can subtract the total amount spent on the other advertising methods from the total advertising budget:
$8400 - ($2100 + $1680 + $1680 + $1512) = $1428
This represents the amount Rolling Rides Theme Park plans to spend on coupons for one month. To find out how much they plan to spend on coupons for four months, we can simply multiply this amount by 4:
$1428 x 4 = $5712
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At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales $ 914,000 Credit sales 314,000 Its year-end unadjusted trial balance includes the following items. Accounts receivable $ 139,000 debit Allowance for doubtful accounts 6,400 debit Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (1) 5% of credit sales, (2) 3% of total sales and (3) 8% of year-end accounts receivable.
Answers
Answer:
a.
Date Account Title Debit Credit
Dec, 31 Bad debt expense $15,700
Allowance for doubtful expense account $15,700
Working
= 5% * 314,000
= $15,700
b.
Date Account Title Debit Credit
Dec, 31 Bad debt expense $36,840
Allowance for doubtful expense account $36,840
Working
= 3% * (Cash sales + Credit sales)
= 3% * (914,000 + 314,000)
= $36,840
c.
Date Account Title Debit Credit
Dec, 31 Bad debt expense $17,520
Allowance for doubtful expense account $17,520
Working
= (8% * Year end accounts receivable) + Debit balance for Allowance for doubtful account
= (8% * 139,000) + 6,400
= $17,520
reflection about simulation in second day and third day
Answers
Simulation is the process of imitating the operations of a real-world system or process over time. It is usually used to analyze the behavior of complex systems and can provide useful insight into how the system will behave under different circumstances.
The second and third days of the simulation were quite interesting. During this time, we were able to put into practice some of the concepts we had learned during the previous days of the simulation. We were able to work as a team and coordinate our efforts to achieve the desired outcome.
One of the things I noticed during this time was how important communication is when working in a team. It is vital to be able to communicate effectively with other team members to ensure that everyone is on the same page and that the project is progressing smoothly.
We were able to learn from our mistakes and adjust our strategies accordingly. This was a valuable experience as it helped us to develop our problem-solving skills and taught us how to be adaptable and flexible in the face of changing circumstances.
Overall, I found the second and third days of the simulation to be a great learning experience. It provided us with an opportunity to put into practice the skills and concepts we had learned during the first day of the simulation. We were able to work collaboratively as a team and learn from each other's strengths and weaknesses. I believe that the simulation has helped me to become a better problem solver and a more effective team player.
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Which principle says that 20 percent of customers provide 80 percent of revenue?
The---------- Principle says that 20 percent of customers provide 80 percent of revenue.
Answers
Answer:
The Pareto principle
Explanation:
The Pareto principle asserts that 80 percent of the results come from 20 percent of the course. The principle was named after Pareto, an Italian economist, who first observed this phenomenon. The Pareto principle is not a law but an observation.
Some other examples that Pereto observed include
20% of the features make 80% of the usage
20% of the employees produce 80% of the result
20% of the clients create 80% of the revenue
Imagine you are an entrepreneur in a market economy. You want to connect with potential customers who would benefit from your unique product. What is an example of a unique product in a market economy? What is the role of voluntary exchange, economic utility, and specialization in the transactions you hope to establish to sell this product? Explain each concept and its role.
Answers
The role of voluntary exchange in the transaction is to allow for the free exchange of goods or services.
The role of economic utility in the transaction is that consumer satisfaction with a product drives additional sales.
What is the best way to explain Market Economy and Voluntary Exchange?
A market economy is one that is based on capitalism, that is, one in which goods and services are freely exchanged on an open market. The value of the outputs is mostly determined by market interaction between producers and consumers, which is referred to as voluntary exchange. This brings us to one of the most important principles of a market economy: the principle of voluntary exchange.
The Voluntary Exchange Principle in economics is based on consumers and producers acting in their own self-interest; that is, a voluntary exchange between a consumer and a producer makes both parties better off than they were before the exchange.
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Definition of meeting
Answers
Interaction with someone is called meeting..
according to me yes
Kari would like to make a down payment on a house. She currently has $7000. What interest rate must Kari receive for her investment to double in 7 years?
Answers
Answer:
10.29%
Explanation:
Rule of 72 can be defined as a metric used to determine the time it will take to double an investment based on its growth rate.
To find the interest rate Kari must receive for her investment to double in 7 years, we would use the Rule of 72;
Rule of 72 = 72/7
Rule of 72 = 10.29%
Therefore, Kari must receive an interest rate of 10.29% for her investment to double in 7 years.
An investment costs $1,000 and is sold after 1 year for $1,100. What is the rate of return of this investment?
Answers
The rate of return for an investment that costs $1,000 and is sold after 1 year for $1,100, would be 10%.
What is rate of return on an investment?Rate of return on an investment refers to the annual income from an investment that is expressed as a percentage of the original investment.
Calculation of rate of return: Amount Received - Amount Invested
$1,100 - $1,000 = $100.
Amount Return/ Amount Invested
$100/$1,000 = 0.10 = 10%.
Thus, it can be concluded that the rate of return on this investment would be 10%.
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You might have heard about manufacturing jobs moving overseas on the news, in classes, or
from your parents. What do you think about this? Is it important to choose goods manufactured
in the United States or North America?|
Answers
Answer:United States
Explanation:because north america is in the united states
Answer:
I put
Explanation:
I think North America in a way because at times we need to trade in order to get things we need and don't have.
What lessons did the Sony Pictures hack teach the world about cyberwarfare?
Answers
Answer:
Cyberwarfare was now an effective way to challenge the hold that the US once held. Other countries had potential to seriously damage the US.
Explanation: Documents were leaked exposing the ulterior motives of Sony. A notable example were the documents around the movie "The Interview". If art and film from the US could be limited and challenged by North Korea, an enemy of the US, anything could go.
if there are 25 number 05 buyers what will be market demand
Answers
Answer:
its demand increases and when the price of a commodity rises,
Explanation:
demand decreases other things remaining constant.
The Economy Tomorrow Suppose a person who is developing an app crowdfunds $20,000 and holds this as cash for future expenses. If this $20,000 comes from donors' checking accounts, by how much will the money supply fall of the reserve ratio is 10 percent? Instructions: Enter your response as a whole number The money supply will decrease by $___________.
Answers
Answer:
Decrease in money supply = $200,000
Explanation:
Given:
Check account balance = 20,000
Reserve ratio = 10 percent
Find:
Money supply will decrease
Computation:
Decrease in money supply = Decrease in check account balance[1/reserve ratio]
Decrease in money supply = $20,000[1/0.10]
Decrease in money supply = $200,000
Perceptual skills can be enhanced
by
Select one:
a. Knowing and perceiving on
self accurately
b. Being empathetic
c. Both are incorrect
d. Both are correct
= Both are correct
Answers
Answer:
D
Explanation:
A and B both effect Perceptual skills so it would be D
how would you purchase of inventory on credit affect the income statement?
Answers
Answer:
The purchase of credit increases both accounts payable and inventory, which are balance sheet accounts. It would, therefore, have no effect on the income statement.
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Which sentence demonstrates the use of secondary market research technique?
Answers
Answer:
Sentence 3
Explanation:
Answer:sentence three
Explanation:
Price is: always expressed in the United States in dollars and cents based on the expected value you will receive from your purchase based on the actual perception you will receive from your product also called revenue accurately described by none of the above
Answers
Considering the general market situation, Price is "always expressed in the United States in dollars and cents."
This can be proven by trying to make a purchase anywhere in the country.
The price of products is listed in dollars and cents. As such, the buyers would know the price of a product before making a purchase.
The other options are wrong because the price is not based on the expected value to receive and not on the actual perception.
Instead, Price is what the sellers feel is suitable for him, and it is expressed in dollars and cents.
Hence, in this case, the correct answer is option A. "always expressed in the United States in dollars and cents."
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Is paying for health insurance more than your medical expenses?
Answers
Answer:
yes i think
Explanation:
Answer:
Yes
Explanation:
Aqua Ltd issues a prospectus inviting the public to subscribe for 30 million ordinary shares of $2.00 each. The terms of the issue are that $1.00 is to be paid on application and the remaining $1.00 within one month of allotment.
Applications are received for 36 million shares during July 2019. The directors allot 30 million shares on 15 August 2019. The shares were allotted on a first-come, first-serve basis. The directors refunded the application money for 6 million shares on 15 August 2019. The amounts payable on the allotment are due by 20 September 2019.
By 20 September 2019, the holders of 5 million shares have failed to pay the amounts due on allotment. The directors forfeit the shares on 30 September 2019. The shares are resold on 15 October 2019 as fully paid. An amount of $1.90 per share is received. The remaining balance of forfeited shares were refunded on 20 October 2019.
Provide the journal entries necessary to account for the above transactions and events.
Answers
Answer and Explanation:
The journal entries are shown below:
1. Bank Dr $36,000,000 (36 million × $1)
To Share application $36,000,000
(Being the application received)
2. Share application $36,000,000
To Share capital $30,000,000
To bank $6,000,000
(Being the allotment is recorded)
3. Share allotment $30,000,000
To SHare capital $30,000,000
4. Bank Dr $25,000,000
To Share allotment $25,000,000
(being allotment is recorded)
5. Share capital $10,000,000
To SHare forfeited $5,000,000
To Share allotment $5,000,000
(Being share forfetied is recorded)
6. Bank Dr $9,500,000
Share forfeited Dr $500,000
To Share capital $10,000,000
(Being share forfeited is recorded)
7. Share forfeited Dr $4,500,000
To Bank $4,500,000
(Beng share forfeited is recorded)
Tucker, Inc. on January 1, 2017 initiated a noncontributory, defined-benefit pension plan that grants benefits to its 100 employees for services rendered in years prior to the adoption of the pension plan. The total expected service-years of the 100 employees who are expected to receive benefits under the plan is 1,200. An actuarial consulting firm has indicated that the present value of the prior service cost on January 1, 2017 was $5,040,000. On December 31, 2017 the following information was provided concerning the pension plan's operations for its first year. Employer's contribution at end of year $1,600,000 Service cost 600,000 Projected benefit obligation 6,000,000 Plan assets (at fair value) 1,600,000 Expected return on plan assets 9% Settlement rate 8%
Instructions:
(a) Compute the pension expense recognized in 2017. Assume the prior service cost is amortized over the average remaining service life of the employees.
(b) Prepare the journal entries to reflect accounting for the company's pension plan for the year ended December 31, 2017.
(c) Indicate the amounts that are reported on the income statement and the balance sheet for 2017.
Answers
Answer:
a. Computation of Pension Expenses
Particulars Amount
Service cost $600,000
Interest on projected benefit obligation $480,000
($6,000,000 * 8%)
Expected Return on plan assets -$144,000
($1,600,000 * 9%)
Amortized of prior service costs $0
Pension Expense $936,000
b. Account Titles and Explanation Debit Credit
Pension Expenses $936,000
Pension Asset/Liability $664,000
Cash $1,600,000
Other Comprehensive Income $0
c. Tucker Inc.
Income Statement (Partial)
For the year ended December 31, 2017
Expenses:
Pension Expenses $936,000
Tucker Inc.
Balance sheet (Partial)
For the year ended December 31, 2017
Long term Liabilities:
Pension Liability $3,736,000
Stockholders' Equity
Accumulated Other $5,040,000
Comprehensive Income
($5,040,000 - $0)
Workings
Projected benefit obligation, before adjustment $6,000,000
Add: Service cost $600,000
Add: Interest on projected benefit obligation $480,000
($6,000,000 * 8%)
Projected benefit obligation $7,080,000
Fair value of pension assets $1,000,000
Add: Expected return on plan assets $144,000
Add: Cash contribution $1,600,000
Plan assets $3,344,000
Pension Liability $3,736,000
which paragragh of the purchase agreement states that the balance of the purchase price will be deposited into escrow prior to closing
Answers
The paragraph in purchase agreement that states that the balance of the purchase price will be deposited into escrow prior to closing is typically found in section on "Closing and Payment."
What is a purchase agreement?A purchase agreement is a legally binding document that outlines the terms and conditions of a sale between a buyer and a seller. It typically includes details such as the purchase price, payment terms, delivery or shipping arrangements, warranties, representations and warranties of the seller, and any other relevant information related to the transaction. The purchase agreement is designed to protect both parties by ensuring that they understand their rights and obligations and that the transaction proceeds smoothly. Once both parties have signed the agreement, it becomes a legally binding contract and both parties are obligated to fulfill their respective obligations as specified in the agreement.
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Is .gov a good website?
Answers
Answer: most websites with .gov in it are reliable.
Which of the following costs should not be included in product costs for internal management reports that are used for decision-making?
Answers
Answer: d. Cost of organization sustaining activities
Explanation:
Organization sustaining activities are those undertakings that have to be made if a company can keep operating. Examples include; property taxes, insurance, information filing with Government agencies and etc.
These activities are therefore not directly linked to the production process as they are not related to a single product and so should not be included in product costs for internal management reports which will be used for decision-making.
When you've provided goods or services to customers, which of the following should
you add to the invoice?
Answers
Answer:
your time
Explanation:
you didn't list the answers but if I was to take a guess I would say charge for time
There is an investment with the discount rate of 6 %. What should be the present value of the investment if we want to get a net cash flow of $17500;
a) After 1 year
b) After 2 years
Answers
Answer:
a. $16,509.434
b. $15,574.94
Explanation:
The computation of the present value in each case is as followS:
As we know that
Present Value = Future Value ÷ (1+ rate of interest)^number of years
a. AFter one year
= $17,500 ÷ (1 + 0.06)^1
= $16,509.434
b. After 2 years
= $17,500 ÷ (1 + 0.06)^2
= $17,500 ÷ 1.1236
= $15,574.94
Hence, the present value after one year and 2 years is $16,509.434 and $15,574.94 respectively
If we want to draw a sample random sample from a population of 4000 items, how large a sample do we need to draw if we desire to estimate the percent defective within 2% of the true value with 95.45% probability.
Answers
The sample needed to draw if we desire to estimate the percent defective within 2% of the true value with 95.45% probability is 384.16
How to draw a sample random sample from a populationTo calculate the sample size needed to estimate the percent defective within 2% of the true value with 95.45% probability,
we can use the formula:
n = (Z^2 * p * q) / E^2
where:
n = sample size
Z = Z-score for desired level of confidence (95.45% is approximately 1.96)
p = estimated proportion of the population that is defective (we'll use 0.5 for a conservative estimate)
q = 1 - p
E = desired margin of error (2% is 0.02)
Plugging in the values, we get:
n = (1.96^2 * 0.5 * 0.5) / 0.02^2
n = 384.16
Rounding up to the nearest whole number, we get a sample size of 385. Therefore, we would need to draw a sample of at least 385 items from the population to estimate the percent defective within 2% of the true value with 95.45% probability.
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Consider the following BPMN diagram:
Answers
If we look at the process model, we can see that Task A is the first task and must always be completed in order for the model to be run. Further observation reveals that because an exclusive gateway is employed, any of the two jobs, B and C, is carried out individually rather than simultaneously. As we continue to move through the BPMN diagram, we see that task M is the conversing task and is therefore always run along with a networks message flow from it to task F, which is done as soon as a message is received in pool 2 and finishes.
An item of networking hardware or software called a gateway is used in telecommunications networks to allow data to go from one distinct network to another.
The way that gateway differ from routers and switches is that they can join various networks using more than one protocol to communicate and that they can function at any of the seven OSI levels.
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Question - 4 (4-2003) An industrial product may be manufactured by two methods of production Using Method X, fixed costs are £5,500,000 per period and variable costs are £535 per unit of product. Using Method Y, fixed costs are £8,260,000 per period and variable costs are £420 per unit of product. (a) Calculate the level of output per period for which the total costs are the same for the two methods of production. Produced by Method X the product has unit costs during a period as follows: Components £275 Labour £180 Production overheads £85 Distribution expenses £120 The figures include variable costs and apportioned fixed costs. (b)Calculate the number of units produced in the period. (c) Compare the total costs of Methods X and Y at the level of output in (b) above.
Answers
Code snippet
Total cost of Method X = Total cost of Method Y
(5,500,000 + 535x) = (8,260,000 + 420y)
535x = 8,260,000 - 5,500,000
535x = 2,760,000
x = 5,144
Therefore, the level of output per period for which the total costs are the same for the two methods of production is 5,144 units.
(b) The number of units produced in the period is given as 5,144 units.
(c) The total costs of Methods X and Y at the level of output in (b) above are as follows:
Code snippet
Method X:
Total cost = (5,500,000 + 535 * 5,144) = £29,078,440
Method Y:
Total cost = (8,260,000 + 420 * 5,144) = £34,055,680
As you can see, the total cost of Method X is lower than the total cost of Method Y at the level of output in (b) above. This is because Method X has lower variable costs than Method Y.
choosing a computer that costs_______ instead of one that costs ________ means that you'll have less money available for other purchases. $1800;$1900. $1700; $1900. $1800; $1700. $1700; $1800
Answers
Answer:
$1800; $1700.
Explanation:
The scenario presented is that a customer had a choice between two computers. The client spent much money by opting for the high priced computer, leaving little for other requirements. The options will a high figure comes first in the equation. If the customer could have picked a low-priced computer, somebody would have selected the options that start with a relatively low figure followed by a high
Answer: 1800 1700
Explanation:
Prepare the journal entries to record the following transactions of Wildhorse Company's books under a perpetual inventory system. Clarify which are debit and which are credit.
(a) On March 2nd, Windsor Company sold $854,200 of merchandise to Wildhorse Company on account, terms 2/10, n/30. The cost of merchandise sold was $517800.
(b) On March 6th, Wildhorse Company returned $109800 of the merchandise purchased on March 2nd. The cost of the merchandise returned was $66800.
(c) On March 12th, Windsor Company received the balance due from Wildhorse Company.
Answers
a) Credit Inventory for $517,800
b) Debit Inventory for $66,800
c) Credit Accounts Receivable (or Trade Receivables) for the same amount
(a) The journal entry to record the sale of merchandise from Windsor Company to Wildhorse Company on March 2nd would be:
Debit Accounts Receivable (or Trade Receivables) for $854,200
Credit Sales Revenue for $854,200
Debit Cost of Goods Sold for $517,800
Credit Inventory for $517,800
The debit to Accounts Receivable represents the amount owed by Wildhorse Company for the merchandise purchased on account. The credit to Sales Revenue recognizes the revenue generated from the sale. The debit to Cost of Goods Sold recognizes the cost of the merchandise sold, and the credit to Inventory reduces the inventory balance as the goods are no longer in stock.
(b) The journal entry to record the return of merchandise by Wildhorse Company on March 6th would be:
Debit Sales Returns and Allowances for $109,800
Credit Accounts Receivable (or Trade Receivables) for $109,800
Debit Inventory for $66,800
Credit Cost of Goods Sold for $66,800
The debit to Sales Returns and Allowances reduces the revenue from the original sale. The credit to Accounts Receivable reduces the amount owed by Wildhorse Company for the returned merchandise. The debit to Inventory increases the inventory balance as the goods are returned to stock, and the credit to Cost of Goods Sold reduces the cost of the merchandise originally sold.
(c) The journal entry to record the payment received by Windsor Company on March 12th would be:
Debit Cash (or Bank) for the amount received from Wildhorse Company
Credit Accounts Receivable (or Trade Receivables) for the same amount
The debit to Cash represents the inflow of funds from the customer's payment. The credit to Accounts Receivable reduces the amount owed by Wildhorse Company, reflecting the settlement of the outstanding balance.
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Tobin Supplies Company expects sales next year to be $520,000. Inventory and accounts receivable will increase $90,000 to accommodate this sales level. The company has a steady profit margin of 20 percent with a 30 percent dividend payout. How much external financing will Tobin Supplies Company have to seek
Answers
Answer:
$17,200
Explanation:
Calculation to determine How much external financing will Tobin Supplies Company have to seek
Net Income=[$520,000 x 20%]
Net Income = $104,000
Dividend Pay-out= [$104,000 x 30%]
Dividend Pay-out = $31,200
Additions to Retained Earnings = [$104,00 - $31,200]
Additions to Retained Earnings=$72,800
Now let determine the The External Financing Needed using this formula
The External Financing Needed = Increase in Assets – Additions to retained earnings
Let plug in the formula
The External Financing Needed= $90,000 - $72,800
The External Financing Needed= $17,200
Therefore The External Financing Needed is $17,200