When it comes to game design, it is false to say that Games design is not a STEM career because it is just about making entertainment.
Game design:
Incorporates the feedback of users to make better games. Is quite iterative. Requires that many different people from different careers work in different teams.Game design is a STEM career because it requires people with expertise in science, technology, and engineering. It would be false to say that these careers are not present in game design.
In conclusion, option B is correct.
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In the extended Labor CAPM, the CAPM measure of systematic risk, beta, is replaced by an adjusted beta that also accounts for covariance with the portfolio of aggregate human capital. Despite the complications inherent in any extension of the CAPM with a labor component, labor is an important consideration in explaining the systematic risk of financial securities.
a. True
b. False
Answer:
Despite the complications inherent in any extension of the CAPM with a labor component, labor is an important consideration in explaining the systematic risk of financial securities.
b. False
Explanation:
Instead of being an important component of the systematic risk, labor is a component of the unsystematic risk of a financial security or investment. Therefore, the risk arising from the labor component is a type of unsystematic risk. Unsystematic risks are peculiar to a firm or an industry. They are internal to the business environment of a firm or an industry. Systematic risks are market-driven risks. These latter risks include market, interest rate, and purchasing power (inflation) risks.
please answer asap! In one to two sentences, explain how the money for a negative tax for low-income earners could be redistributed from high-income earners.
One way that money for a negative tax for low-income earners could be redistributed from high-income earners is by increasing tax rate on high income earners.
How to fund a negative tax ?One plausible method to address income inequality is via an increase in tax rates for high-income earners. By doing so, a larger percentage of their revenue would be allocated towards taxes which could then be utilized to finance the negative tax program.
Another potential avenue would involve imposing a wealth tax upon individuals or households based on their net worth. This type of taxation would predominately affect those with significant lifetime acquisition of assets and resources – particularly the wealthiest members of society.
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According to money measurement concept, which of the following will NOT E the books of accounts? a. search O b. Commission payable to a salesman. O c. Quality of the products O d. a and b Extra profits arising out of revaluation of assets O e. All the above Check
Answer: Commission payable to the salesman
Explanation: According to the money measurement concept, the commission payable to the salesman will be recorded in the books of accounts.
Quality control in business, extra profits made due to the introduction of a budgetary control system are qualitative in nature and cannot be recorded, as according to the money measurement concept, only those transactions which can be measured in terms of money are recorded in the books of accounts.
Using the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix C, determine the federal income tax withholding and calculate the net pay of the following employees. They are paid semimonthly.
C. Pare | Married, Filing Jointly, dependents < 12 = 2 | Pay $1,720
S. Lightfoot | Single, 1 Other dependents | Pay $3,265
The federal income tax withholding for C. Pare is $700.80, and the net pay is $159.20. Since the calculated federal income tax withholding exceeds the gross pay, the net pay for S. Lightfoot is negative. This is not possible, so there may be an error in the input data.
For C. Pare
Determine the gross pay for one pay period
$1,720 / 2 = $860
Calculate the annual salary
$860 x 24 = $20,640
Calculate the taxable income
$20,640 - (12,800 + 2,000) = $5,840
Find the appropriate tax bracket and calculate the federal income tax withholding
Taxable income falls in the 12% tax bracket for married filing jointly.
$5,840 x 0.12 = $700.80
Calculate the net pay
Gross pay - Federal income tax = Net pay
$860 - $700.80 = $159.20
Therefore, the federal income tax withholding for C. Pare is $700.80, and the net pay is $159.20.
For S. Lightfoot
Determine the gross pay for one pay period
$3,265 / 2 = $1,632.50
Calculate the annual salary
$1,632.50 x 24 = $39,180
Calculate the taxable income
$39,180 - (12,800 + 2,000 + 2,000) = $22,380
Find the appropriate tax bracket and calculate the federal income tax withholding
Taxable income falls in the 22% tax bracket for single filers.
($22,380 - $9,875) x 0.22 + $987.50 = $3,018.70
Calculate the net pay
Gross pay - Federal income tax = Net pay
$1,632.50 - $3,018.70 = -$1,386.20
Since the calculated federal income tax withholding exceeds the gross pay, the net pay for S. Lightfoot is negative. This is not possible, so there may be an error in the input data.
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Land originally purchased for $27,500 is sold for $74,987 in cash what is the effect of the sale on the accounting equation
The effect of the sale on the accounting equation is an increase in assets by $47,487 and an equal increase in equity.
In the given scenario, when land originally purchased for $27,500 is sold for $74,987 in cash, the effect on the accounting equation can be described as follows:
Assets: The land is an asset, and its original value of $27,500 is removed from the asset side of the equation. Additionally, the cash received from the sale, which is $74,987, is added to the asset side. Therefore, the net effect on assets is an increase of $74,987 - $27,500 = $47,487.
Liabilities: The sale of land does not directly impact the liabilities side of the equation. Liabilities represent the debts and obligations of the company, such as loans or accounts payable. Unless there are specific liabilities related to the land, they would remain unchanged in this transaction.
Equity: Equity represents the owner's interest in the company and is calculated as assets minus liabilities. Since the transaction does not impact liabilities, the effect on equity is equal to the effect on assets. Therefore, the equity increases by $47,487.
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Which of the following represents a primary business activity
Answer:Marketing and Advertising
Explanation:.
Which of the following is NOT a step in the basic selling process?
make a connection
recite product features
personalize service
assess needs
From the options given recite product features is not a step in the basic selling process
What is the basic selling process about?The series of steps a salesperson takes to find and approach prospects, give a sales presentation, address objections, and close a sale is known as the selling process
Prospecting, planning, approaching, presenting, addressing objections, closing, and following up are often involved in the process .The technique may be applied to the majority of selling scenarios, including non-product selling.
The objective is to persuade the consumer that the product or service can satisfy their demand and to establish long-term customer relationships.
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2. What will lead directly to a government "shut down"?
O
when the President vetoés Congress's appropriations bills
when government spending exceeds revenues before the end of the fiscal year
when Congress and the President cannot agree on temporary funding
when Congress fails to override a presidential veto
Explanation:
2. What will lead directly to a government "shut down"?
O
when the President vetoés Congress's appropriations bills
when government spending exceeds revenues before the end of the fiscal year
when Congress and the President cannot agree on temporary funding
when Congress fails to override a presidential veto
What are the four basic assumptions of perfect competition? Explain in words what they imply for a perfectly competitive firm.
Answer:
Perfect competition is a market situation by means of which no supplier can influence or determine the price of a good or service, as long as there is a multiplicity of suppliers who offer a homogeneous good, equivalent to that of the other suppliers. These goods, therefore, would not have differences between them (an example could be the fruit market), and therefore buyers could decide to buy from those sellers who offer the best prices. In this way, perfect competition would be generated between the bidders, who through their price would seek to attract buyers. For this type of competition (in theory, since in practice it is almost impossible) to occur, it requires a market without any type of barriers, with a product with the same characteristics, a high number of market players and abundant information about each of the products.
After graduating from college, Joseph Tantillo decided to start a retail Web site that specializes in personalized Greek apparel. To fund his Web site, he borrowed money from his parents (who expect to be repaid with interest). In other words, he used _____ financing.
Answer:
Debt financing
Explanation:
Debt financing is defined as borrowing that a company undertakes to finance it's operations by selling of debt instruments to investors.
The debt instrument attracts interest payment.
Examples of debt financing includes bank loans, loans from friends and family, and government backed loans.
In the given scenario Joseph Tantillo decided to borrow money from his parents to start a retail Web site that specializes in personalized Greek apparel. This is debt financing
In contrast equity financing involves sale of shares to obtain capital
When purchases of merchandise are made for cash, the transaction may be recorded with the following entry *
Answer:
Dr Merchandise Inventory Cr Cash
Explanation:
Based on the information given in a situation where purchases of merchandise are made for cash the transaction will be recorded in the journal entry by debiting Merchandise Inventory and Crediting Cash reason been that MERCHANDISE are current asset and Secondly merchandise are anticipated to be either sold out, used or turn them into cash within a period of one year, although it sometimes depends on the method of payment in which the merchandise was been paid for , which is why we have to Debit Merchandise Inventory Account and Credit Cash Account.
Hence:
Journal entry
Dr Merchandise Inventory
Cr Cash
Circle Square, incorporated had an ROI of 9%, turnover of 3.0, and sales of 4 million for the year. What is the margin for the year
The margin for the year is 30% for Circle Square, incorporated had an ROI of 9%, turnover of 3.0, and sales of 4 million for the year.
What is margin?
To calculate the margin, we can use the formula:
Margin = Net Income / Sales
First, we need to find the net income, which is calculated as:
Net Income = ROI x Total Assets
Total Assets = Sales / Turnover
Net Income = ROI x (Sales / Turnover)
Net Income = 0.09 x (4,000,000 / 3.0)
Net Income = $1,200,000
Now we can calculate the margin:
Margin = Net Income / Sales
Margin = $1,200,000 / $4,000,000
Margin = 0.30 or 30%
Therefore, the margin for the year is 30%.
What are the assets?
An asset is a resource that is owned or controlled by an individual, company, or organization that has economic value and is expected to generate future benefits. Assets can be both tangible and intangible. Tangible assets are physical objects that can be seen and touched, such as buildings, equipment, inventory, and cash. Intangible assets, on the other hand, are non-physical items that do not have a physical presence but still have value, such as intellectual property, brand names, patents, trademarks, and copyrights.
Assets are recorded on a company's balance sheet and are typically classified as current assets, such as cash or inventory that can be converted to cash within one year, or long-term assets, such as buildings or equipment that will provide future economic benefits over a period of several years.
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Ethiopia's incomes and expenditures are as follows (in billion bire) in 2009
Wages
at what approach 100
Social security contributions
7
Interest income
5
Personal taxes
20
Consumption expenditure by households
60
Government purchases of goods and services
150
50
Transfer payments
100
Corporate profit
30
Investment expenditures by business
20
Corporate Income taxes
50
Indirect business taxes
Undistributed corporate profit
90
Consumption of fixed capital( depreciation)
40
Non income charges
65
Expenditures by foreigners
25
Net foreign factor income earned domestically
25
a. Using expenditure approach, what is GDP?
The GDP of Ethiopia using the expenditure approach in 2009 was 205 billion bire.
What is Ethiopia's GDP?By adding up all of the expenditures on finished goods and services produced domestically, we may compute the GDP using the expenditure method. The following formula is used to determine GDP when utilizing the spending method:
GDP = C + I + G + (X - M)
where:
C = Consumption expenditure by households
I = Investment expenditures by business
G = Government purchases of goods and services
X = Expenditures by foreigners on domestically produced goods and services
M = Expenditures by domestic residents on foreign-produced goods and services
Using the given values for Ethiopia's incomes and expenditures in 2009, we can further input the values to calculate the GDP as;
GDP = C + I + G + (X - M)
= 60 + 20 + 150 + (25 - 25)
= 205 billion bire
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Hrubec Products, Incorporated, operates a Pulp Division that manufactures wood pulp for use in the production of various paper goods. Revenue and costs associated with a ton of pulp follow:
Selling price $ 102
Expenses:
Variable $ 74
Fixed (based on a capacity of 50,000 tons per year) 18 92
Net operating income $ 10
Hrubec Products has just acquired a small company that manufactures paper cartons. Hrubec plans to treat its newly acquired Carton Division as a profit center. The Carton Division manager is purchasing 6,600 tons of pulp per year from a supplier at the cost of $95 per ton. Hrubec’s president is anxious for the Carton Division to begin purchasing its pulp from the Pulp Division if the managers of the two divisions can negotiate an acceptable transfer price.
Required:
For (1) and (2) below, assume the Pulp Division can sell all of its pulp to outside customers for $102 per ton.
1. What is the Pulp Division's lowest acceptable transfer price? What is the Carton Division's highest acceptable transfer price? What is the range of acceptable transfer prices (if any) between the two divisions? Are the managers of the Carton and Pulp Divisions likely to voluntarily agree to a transfer price for 6,600 tons of pulp next year?
2. If the Pulp Division meets the price that the Carton Division is currently paying to its supplier and sells 6,600 tons of pulp to the Carton Division each year, what will be the effect on the profits of the Pulp Division, the Carton Division and the company as a whole?
For (3)–(6) below, assume that the Pulp Division is currently selling only 30,000 tons of pulp each year to outside customers at the stated $102 price.
3. What is the Pulp Division's lowest acceptable transfer price? What is the Carton Division's highest acceptable transfer price? What is the range of acceptable transfer prices (if any) between the two divisions? Are the managers of the Carton and Pulp Divisions likely to voluntarily agree to a transfer price for 6,600 tons of pulp next year?
4-a. Suppose the Carton Division’s outside supplier drops its price to only $91 per ton. Should the Pulp Division meet this price?
4-b. If the Pulp Division does not meet the $91 price, what will be the effect on the profits of the company as a whole?
5. Refer to requirement 4. If the Pulp Division refuses to meet the $91 price, should the Carton Division be required to purchase from the Pulp Division at a higher price for the good of the company as a whole?
6. Refer to requirement 4. Assume that due to inflexible management policies, the Carton Division is required to purchase 6,600 tons of pulp each year from the Pulp Division at $102 per ton. What will be the effect on the profits of the company as a whole?
The Pulp Division's lowest acceptable transfer price is the variable cost per ton plus any opportunity cost of selling to the outside market, which is $74.
The Carton Division's highest acceptable transfer price is the cost of purchasing from the outside supplier, which is $95 per ton. The range of acceptable transfer prices is between $74 and $95 per ton.
What are the responses to other questions?The managers of the Carton and Pulp Divisions may not be able to voluntarily agree on a transfer price since the range of acceptable transfer prices may not overlap.
If the Pulp Division meets the price that the Carton Division is currently paying to its supplier, the profits of the Pulp Division will increase by $7 per ton since the transfer price is $95 per ton and the variable cost per ton is $74.
The profits of the Carton Division will decrease by $7 per ton since the transfer price is now $95 per ton instead of $95 per ton.
The profits of the company as a whole will remain the same since the $7 increase in profit for the Pulp Division is offset by the $7 decrease in profit for the Carton Division.
The Pulp Division's lowest acceptable transfer price is the variable cost per ton plus any opportunity cost of selling to the outside market, which is $74.
The Carton Division's highest acceptable transfer price is the cost of purchasing from the outside supplier plus any additional cost of switching suppliers, which is $95 + $2 = $97 per ton.
The range of acceptable transfer prices is between $74 and $97 per ton.
The managers of the Carton and Pulp Divisions may be able to voluntarily agree on a transfer price since the range of acceptable transfer prices overlaps.
4-a.
If the Carton Division’s outside supplier drops its price to only $91 per ton, the Pulp Division should not meet this price since it is below the Pulp Division's variable cost of $74 per ton.
4-b.
If the Pulp Division does not meet the $91 price, the Carton Division may switch to the outside supplier and the profits of the Pulp Division will decrease by $28 per ton since it is now selling 6,600 fewer tons of pulp. The profits of the Carton Division will increase by $4 per ton since the cost of pulp is now $91 per ton instead of $95 per ton. The profits of the company as a whole will decrease by $16,560.
If the Pulp Division refuses to meet the $91 price, the Carton Division should not be required to purchase from the Pulp Division at a higher price for the good of the company as a whole since this would result in lower profits for the company as a whole.
If the Carton Division is required to purchase 6,600 tons of pulp each year from the Pulp Division at $102 per ton, the profits of the Pulp Division will increase by $280,000 since it is now selling 6,600 more tons of pulp. The profits of the Carton Division will decrease by $66,000 since the cost of pulp is now $102 per ton instead of $95 per ton. The profits of the company as a whole will increase by $214,000.
If the Carton Division can purchase pulp from the outside supplier for only $91 per ton, it should not be required to purchase
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Suppose that the U.S Department of Transportation imposes costly regulations on manufactures that cause them to reduce supply by one-third at any given price. Calculate the new supply schedule by filling by in the blanks in this table (quantities should include one decimal place. Based on your findings, identify the new equilibrium price and the new equilibrium quantity. Price of Truck Quantity of trucks demanded (millions) Quantity of trucks Supplied (millions) Quantity of trucks supplied after regulation (millions)
$20,000 20 14 25,000 18 15 30,000 16 16 35,000 14 17 40,000 12 18
The correct option is D. The new supply will become, and The new equilibrium price is $40,000.
In economics, monetary equilibrium is a scenario in which financial forces which include delivering and demand are balanced and in the absence of external impacts the (equilibrium) values of financial variables will not change. For instance, in the trendy textual content best competition, equilibrium occurs at the factor at which the quantity demanded and the amount provided is equal.
market equilibrium in this example is a circumstance in which a market price is hooked up via opposition such that the amount of goods or offerings sought by using customers is equal to the number of goods or offerings produced with the aid of dealers. This rate is frequently called the competitive charge or market clearing price and could tend no longer to trade unless demand or supply adjustments, and the amount is called the "competitive amount" or market clearing amount.
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Complete Question:
Suppose that the U.S. Department of Transportation imposes costly regulations on manufacturers that cause them to reduce supply by one-third at any given price. Calculate the new supply schedule by filling by in the blanks in this table (quantities should include one decimal place. Based on your findings, identify the new equilibrium price and the new equilibrium quantity. Price of Truck Quantity of trucks demanded (millions) Quantity of trucks Supplied (millions) Quantity of trucks supplied after regulation (millions)
A). $20,000
B). 25,000
C). 30,000
D). 35,000
E). 40,000
908 25. द्वितीय लेखाविधि तथा विश्लेषण Nuwakot Consultancy was organized on June 2, 2019, by a group of accountants to provide accounting and tax services to small businesses in Kathmandu. The following transactions occurred during the first month of business. June 2 June 5 June 8 June 15 June 17 June 23 June 28 June 29 Received contributions of Rs. 10,000 from each of the three owners of the business is exchange for shares of stock. Purchased a computer system for Rs. 12,000. The agreement with the vendor requires a down payment of Rs. 2,500 with the balance in 60 days. Signed a two-year promissory note at the bank and received cash of Rs. 20,000. Billed Rs. 12,350 to clients for the first-half of June. Paid a Rs. 900 bill from the local newspaper for advertising for the month of June. Received the amounts billed to clients for services performed during the first half of the month. Received and paid gas, electric, and water bills. The amount is Rs. 2,700. Received the landlord's bill for Rs. 2,200 for rent on the office space that Nano Consultancy leases. The bill is payable by the 10th of the following month. Paid salaries and wages for June. The total amount is Rs. 5,670. Billed Rs. 18,400 to clients for the second half. Declared and paid dividends in the amount of Rs. 6,000. June 30 June 30 June 30 Required: (a) Journal entries on the books of Nuwakot Consultancy. (For the transactions entered into during the month. Ignore depreciation and interest expenses). (b) Post the transactions into T-accounts. (c) A trial balance at June 30, 2019.
1. The Journal Entries on the books of Nuwakot Consultancy for the June Transactions are as follows:
Journal Entries:Date Transactions Debit Credit
June 2 Cash Rs. 30,000
Common Stock Rs. 30,000
June 5 Computer Rs. 12,000
Cash Rs. 2,500
Accounts Payable Rs. 9,500
June 8 Cash Rs. 20,000
Notes Payable Rs. 20,000
June 15 Accounts Receivable Rs. 12,350
Service Revenue Rs. 12,350
June 17 Advertising Expense Rs. 900
Cash Rs. 900
June 23 Cash Rs. 12,350
Accounts Receivable Rs. 12,350
June 28 Utility Expense Rs. 2,700
Cash Rs. 2,700
June 29 Rent Expense Rs. 2,200
Rent Payable Rs. 2,200
June 30 Salaries &
Wages Expense Rs. 5,670
Cash Rs. 5,670
June 30 Accounts Receivable Rs. 18,400
Service Revenue Rs. 18,400
June 30 Dividends Rs. 6,000
Cash Rs. 6,000
2. The Posting of the transactions into T-accounts is as follows:
Cash AccountDate Transactions Debit Credit
June 2 Common Stock Rs. 30,000
June 5 Computer Rs. 2,500
June 8 Notes Payable Rs. 20,000
June 17 Advertising Expense Rs. 900
June 23 Accounts Receivable Rs. 12,350
June 28 Utility Expense Rs. 2,700
June 30 Salaries and Wages Expense Rs. 5,670
June 30 Dividends Rs. 6,000
June 30 Balance Rs. 44,580
Rs. 62,350 Rs. 62,350
Common StockDate Transactions Debit Credit
June 2 Cash Rs. 30,000
ComputerDate Transactions Debit Credit
June 5 Cash Rs. 2,500
June 5 Accounts Payable Rs. 9,500
June 30 Balance Rs. 12,000
Accounts PayableDate Transactions Debit Credit
June 5 Computer Rs. 9,500
Notes PayableDate Transactions Debit Credit
June 8 Cash Rs. 20,000
Rent PayableDate Transactions Debit Credit
June 29 Rent Expense Rs. 2,200
Accounts ReceivableDate Transactions Debit Credit
June 15 Service Revenue Rs. 12,350
June 23 Cash Rs. 12,350
June 30 Service Revenue Rs. 18,400
Service RevenueDate Transactions Debit Credit
June 15 Accounts Receivable Rs. 12,350
June 30 Accounts Receivable Rs. 18,400
June 30 Balance Rs. 30,750
Advertising ExpenseDate Transactions Debit Credit
June 17 Cash Rs. 900
Utility ExpenseDate Transactions Debit Credit
June 28 Cash Rs. 2,700
Rent ExpenseDate Transactions Debit Credit
June 29 Rent Payable Rs. 2,200
Salaries and Wages ExpenseDate Transactions Debit Credit
June 30 Cash Rs. 5,670
DividendsDate Transactions Debit Credit
June 30 Cash Rs. 6,000
3. The preparation of the trial balance at June 30, 2019, is as follows:
Date Transactions Debit Credit
Cash Rs. 44,580
Common Stock Rs. 30,000
Computer Rs. 12,000
Accounts Payable Rs. 9,500
Notes Payable Rs. 20,000
Rent Payable Rs. 2,200
Accounts Receivable Rs. 18,400
Service Revenue Rs. 30,750
Advertising Expense Rs. 900
Utility Expense Rs. 2,700
Rent Expense Rs. 2,200
Salaries and Wages Expense Rs. 5,670
Dividends Rs. 6,000
Totals Rs. 92,450 Rs. 92,450
What are the journal entries?Journal entries are made to record the transactions of a business as they occur daily.
Journal entries help post transactions to the general ledger (T-accounts).
With a trial balance, the balances in the general ledger are summarized to prepare financial statements.
Transaction Analysis:June 2 Cash Rs. 30,000 Common Stock Rs. 30,000
June 5 Computer Rs. 12,000 Cash Rs. 2,500 Accounts Payable Rs. 9,500
June 8 Cash Rs. 20,000 Notes Payable Rs. 20,000
June 15 Accounts Receivable Rs. 12,350 Service Revenue Rs. 12,350
June 17 Advertising Expense Rs. 900 Cash Rs. 900
June 23 Cash Rs. 12,350 Accounts Receivable Rs. 12,350
June 28 Utilities Expense Rs. 2,700 Cash Rs. 2,700
June 29 Rent Expense Rs. 2,200 Rent Payable Rs. 2,200
June 30 Salaries and Wages Expense Rs. 5,670 Cash Rs. 5,670
June 30 Accounts Receivable Rs. 18,400 Service Revenue Rs. 18,400
June 30 Dividends Rs. 6,000 Cash Rs. 6,000
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During a job interview, Pam Thompson is offered a salary of 49,000. The company gives annual raises if 6 percent. What will be Pam"s salary during her 5th year on the Job?
Create Transactions, a Deposit and a Report
In this exercise, you will create all the transactions for April 8, 2026, and then create a bank deposit and
report.
1. Use this information to create the appropriate transactions:
• Esther Green paid her outstanding invoice with cheque #598.
• Roy Fisher decided to hire Melanie for the custom flower design for $550 and wants to be
invoiced; Melanie reminds you apply the credit.
• Karuna Ramachandran pays both of her outstanding invoices with debit.
• One of the birthday vases Sharon McColl bought in February had a crack, so Melanie wants to
create and apply a credit memo of $25, plus HST, before she pays her invoice. Sharon then pays
the new balance with cash.
Hint: Once you create the credit, it may apply automatically depending on your settings.
• Mary Beth Dunham made a recommendation to a friend of hers to hire Melanie for their
wedding. Melanie tells Mary Beth that if her friend hires her, Melanie will give Mary Beth $75
as a credit on her next invoice for the wedding arrangements. Enter the delayed credit on Mary
Beth’s account for Sharon’s wedding.
2. Melanie will take the cheques from today’s sales and all cash received to the bank and deposit
them. You will need to record a bank deposit for those items and any debit card payments that
were also received up through April 8 (the deposit amount should be $2,570.75). Then, run an
Open Invoices report and an Unbilled Charges report for all dates.
3. Export both reports to Excel and save to your Chapter 04 folder as: CH04 Open Invoices
and CH04 Unbilled Charges 2
Using QuickBooks Online, you must begin by clicking the " Receive Payments " option. Intuit created and sells the accounting software suite known as QuickBooks.
How can transactions be created in QuickBooks?
The procedures listed below can be used to create transactions on QuickBooks Online based on transactions that have already occurred:
Choose "Receive Payment" by clicking the "+" button in the dashboard's upper right corner.
Choose "Esther Green" as the client, and then enter the sum paid as the invoice's unpaid balance. Choose "Cheque" as the payment option and input the 598-digit check number. Transaction saved.
Choose "Invoice" by clicking on the "+" symbol once again. Choose "Roy Fisher" as the client and type $550 as the balance owed. Choose Melanie's unique floral design service in the products/services area to apply the credit of $25 + GST to the bill. Transaction saved.
Refresh your browser and choose "Receive Payment" from the "+" menu. Choose "Karuna Ramachandran" as the client and input the sum owed for the two unpaid bills. Choose "Debit" as the mode of payment, then save the deal.
Choose "Credit Note" by clicking on the "+" button once again. Choose "Sharon McColl" as the customer, then input a credit amount of $25 + GST. Save the transaction and apply the credit to the birthday vase invoice.
Refresh your browser and choose "Receive Payment" from the "+" menu. When the credit has been applied, choose "Sharon McColl" as the client and input the new balance. Choose "Cash" as the mode of payment, then save the deal.
Click the "+" symbol and choose "Bank Deposit" to make a deposit. Choose the payments made by Karuna Ramachandran, Sharon McColl, and Esther Green as the deposit items, then save the transaction.
Go to the Reports tab on the left-side menu and choose "Profit and Loss" to create a report. Run the report with April 8, 2026 as the date range.
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2. Explain the reasons for downward and upward slopes of aggregate demand and short run aggregate supply curves respectively.
Answer:
The downward slope of the aggregate demand curve can be attributed to the wealth effect, interest rate effect, and the net export effect. Firstly, the wealth effect refers to the tendency of consumers to spend more as their wealth increases, and vice versa. As the price level decreases, the real value of household wealth increases, leading to increased consumer spending and aggregate demand. Secondly, the interest rate effect suggests that a decrease in the price level leads to lower interest rates, which in turn stimulates borrowing and investment, leading to an increase in aggregate demand. Lastly, the net export effect indicates that a decrease in the price level leads to a decrease in the exchange rate, making exports cheaper and imports more expensive, which increases net exports, leading to an increase in aggregate demand.
On the other hand, the upward slope of the short-run aggregate supply curve is due to the sticky-wage theory, the sticky-price theory, and the misperceptions theory. Firstly, the sticky-wage theory suggests that nominal wages are slow to adjust to changes in the price level. As the price level falls, firms' profits decrease, leading to a reduction in output and employment. However, nominal wages remain the same, causing a decrease in firms' production costs and an increase in their profits, leading to an increase in output and employment. Secondly, the sticky-price theory indicates that some firms' prices are inflexible in the short run and do not adjust immediately to changes in the price level. As the price level falls, firms' output decreases, leading to a decrease in profits. However, their production costs also decrease due to lower input prices, leading to an increase in profits and output. Lastly, the misperceptions theory suggests that firms confuse relative price changes with changes in the overall price level, leading to a change in output and employment in response to perceived changes in demand and supply conditions.
In summary, the downward slope of the aggregate demand curve can be explained by the wealth effect, interest rate effect, and net export effect, while the upward slope of the short-run aggregate supply curve can be explained by the sticky-wage theory, the sticky-price theory, and the misperceptions theory. Understanding these theories is crucial for policymakers to implement effective macroeconomic policies to stabilize the economy in the short run.
what is your analysis on walmart financial health as of january 2021 compare to 2022
Bramble Corp. reported net income of $87800 for the year ended December 31, 2021. Included in net income were depreciation expense of $16500 and a gain on sale of equipment of $3600. The equipment had an historical cost of $80500 and accumulated depreciation of $48400. Each of the following accounts increased during 2021: Land $10900 Prepaid rent $14000 Available-for-sale securities $2000 Bonds payable $9500 What is the amount of cash provided by or used by investing activities for Bramble Corp. for the year ended December 31, 2021?
Answer:
net cash provided by investing activities $22,800
Explanation:
the carrying value of the equipment = $80,500 - $48,400 = $32,100
the sales price of the equipment was $32,100 + $3,600 (gain on sale) = $35,700
land was purchased for $10,900
available for sale securities were purchased fro $2,000
total cash flows from investing activities = $35,700 (cash proceeds from sales of equipment) - $10,900 (land purchased) - $2,000 (AFS securities purchased) = $22,800
Which of the global PR strategies does the Coca-Cola website use
your discussion with examples from the website.
Coca- Cola uses a combination of global PR strategies on its website. The company has historically employed the standardization approach.
Presenting a harmonious brand communication and image across all requests. Coca- Cola also adapts its communication to specific original requests following the localisation strategy. On its website, Coca- Cola features elevations, events, and marketing campaigns that appeal to indigenous requests while still adhering to the company's core values. also, Coca- Cola recognises artistic differences, employing across-cultural strategy in its global communication.
By exercising these approaches, Coca- Cola can maintain a consistent brand identity while connecting with different consumers across various requests.
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You are given the following information for Lightning Power Company. Assume the company’s tax rate is 24 percent.
Debt: 9,000 5.8 percent coupon bonds outstanding, $1,000 par value, 24 years to maturity, selling for 106 percent of par; the bonds make semiannual payments.
Common stock: 420,000 shares outstanding, selling for $60 per share; beta is 1.11.
Preferred stock: 18,000 shares of 3.6 percent preferred stock outstanding, a $100 par value, selling for $81 per share.
Market: 5 percent market risk premium and 4.6 percent risk-free rate.
What is the company's WACC?
The Weighted Average Cost of Capital (WACC) for Lightning Power Company is 9.84%.
To calculate the Weighted Average Cost of Capital (WACC) for Lightning Power Company, we need to determine the cost of each component of its capital structure and their respective weights. The WACC is the weighted average of these costs.
Cost of Debt:
The debt component consists of 9,000 bonds with a 5.8 percent coupon rate, a $1,000 par value, and selling for 106 percent of par. The semiannual coupon payment is calculated as (5.8% * $1,000) / 2 = $29.
The current market price of the bond is 106% of $1,000, which is $1,060. The yield to maturity (YTM) can be calculated using financial calculators or Excel. Let's assume the YTM is 4.5%. Therefore, the cost of debt is 4.5%.
Cost of Common Stock:
The cost of common stock is determined using the Capital Asset Pricing Model (CAPM). The risk-free rate is given as 4.6%, and the market risk premium is 5%. The beta for Lightning Power Company's common stock is 1.11.
Using the CAPM formula: Cost of equity = Risk-free rate + Beta * Market risk premium. Therefore, the cost of equity is 4.6% + 1.11 * 5% = 9.71%.
Cost of Preferred Stock:
The cost of preferred stock is the dividend yield, which is the preferred dividend divided by the market price per share. The preferred stock has a 3.6% dividend yield, and it is selling for $81 per share. Therefore, the cost of preferred stock is 3.6% / $81 = 4.44%.
Next, we need to determine the weights of each component based on their market values. The market value of debt is 9,000 * $1,060 = $9,540,000. The market value of common stock is 420,000 * $60 = $25,200,000.
The market value of preferred stock is 18,000 * $81 = $1,458,000. The total market value of the company's capital structure is $36,198,000.
Now we can calculate the WACC using the formula:
WACC = (Weight of Debt * Cost of Debt) + (Weight of Equity * Cost of Equity) + (Weight of Preferred Stock * Cost of Preferred Stock).
Weight of Debt = $9,540,000 / $36,198,000 = 0.2639 (26.39%)
Weight of Equity = $25,200,000 / $36,198,000 = 0.6961 (69.61%)
Weight of Preferred Stock = $1,458,000 / $36,198,000 = 0.0401 (4.01%)
Plugging in the values, we get:
WACC = (0.2639 * 4.5%) + (0.6961 * 9.71%) + (0.0401 * 4.44%) = 2.88% + 6.78% + 0.18% = 9.84%.
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Which of the following is not a way in which the satisfaction of customer needs can be achieved?
discontinuing the product all together
increased customer service
distribution changes
pricing adjustments
Answer:
I think distrubustion changes
Explanation:
Sorry if wrong
Answer:
discontinuing the product all together
Explanation:
Its correct for me
what step in the rational decision-making process involves assessing what worked and did not work about the process and solution
The step in the rational decision-making process which involves assessing what worked and did not work about the process and solution is defining the problem.
What is rational decision-making process?Rational decision can be described as the opposite of intuitive decision making.
It can be described as the strict procedure utilizing objective knowledge and logic and this also involves identifying the problem to solve, it hence The step in the rational decision-making process which involves assessing what worked and did not work about the process and solution is defining the problem.
In conclusion, Decision making serves as the process that involves consideration of choices through the identification of a decision.
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Answer:
the last step
Explanation:
Evaluate the differences between fayol’s and Mintzeberg’s view about what managers do
Fayol's and Mintzberg's views about what managers do differ in terms of their emphasis on managerial functions and roles. Fayol focused on functions, while Mintzberg emphasized roles.
What are the differences between their views?Fayol identified five primary functions of management which are planning, organizing, commanding, coordinating, and controlling because he believed that managers perform these functions regardless of their level in the organization or their specific industry.
Mintzberg emphasized roles that managers play which include interpersonal, informational and decisional roles because he believed that managers engage in a range of activities such as networking, information gathering and problem-solving depending on the situation and their level in the organization.
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Which of the following are the responsibilities of middle-level managers? (Choose every correct answer.)
To supervise workers over their day-to-day tasks. generally, middle- position directors are responsible for overseeing their brigades and workers to help a company negotiate its pretensions through design and platoon operation. They will apply programs and objects, and manage prospects with elderly- position operation.
What are the responsibilities of middle-level managers?Middle superintendences part is substantial and critical to the overall health of the association! Unfortunately, middle operation is overlooked, more frequently than not, as they're micromanaged or not allowed the capability to make opinions that lead to failures or successes. Middle directors MUST be grown, trained, chops developed, ideas allowed and trusted. Middle directors MUST be viewed as the unborn leaders of your association! Organic growth from within, and people moving through the species of the company, is the healthiest way to develop a culture from within.
Middle directors are assigned with running their departments, or divisions, and to execute the plays handed down from upper/ elderly position directors they make the business work daily. They're closest to thrills on the ground and their views, opinions, and fancies need to be taken seriously and openly by elderly leaders. Only by having a strong, stable and visionary middle operation platoon, can you look at the overall company as one which will achieve greatness.
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Sun Tzu is considered an early contributor to the management thought in which of the following the areas?
Division of labor, communication and coordination
The correct answer is Division of labor, communication and coordination. some Chinese scholars began to doubt the historical existence of Sun Tzu, primarily on the grounds because of no mentioned in the historical classic.
Who was Sun tzu?Sun Tzu was a Chinese military general, strategist, philosopher and writer who lived during the Eastern Zhou dynasty from 771 to 256 BC.
Sun Tzu is traditionally credited with authoring The Art of War, an influential work on military strategy that influenced philosophy and military thought in both West and East Asia.
Sun Tzu's history is uncertain. The Han Dynasty historian Sima Qian and other traditional Chinese historians placed him as a minister of Lu Lu to the King of Wu and dated his life from 544 to 496 BC.
Accepting its historicity, modern scholars place the extant martial arts texts to the late Warring States period, 475-221 BC. - based on his compositional style and portrayal of war.
Sun Tzu's works have been admired and used in the East Asian wars since his composition. In the 20th century, the art of warfare grew in popularity and was put to practical use in the West.
It continues to influence many modern competitive endeavors in the modern world beyond military strategy and warfare, including espionage, culture, politics, business, and sports.
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In some parts of the country, the buyer and the seller never meet at closing; the paperwork is handled by an escrow agent in a process called
Answer:
Closing escrow
Explanation:
Closing escrow refers to completing the sale and transfering the ownership from the seller to the buyer in a process in which a third party that would be the escrow agent maintains the papers and the money until the operation is closed. According to this, the answer is that in some parts of the country, the buyer and the seller never meet at closing; the paperwork is handled by an escrow agent in a process called closing escrow because the escrow agent keeps the funds and the paperwork until the transaction is complete and because of that the buyer and the seller don't need to meet at closing.
People in societies where uncertainty avoidance is high want
Answer:
I don't see any options.