Which pair of financial statements show depreciation expense.

Answer:

a professional organization

Explanation:

A professional organization is formed to promote the growth of the profession and advance the interest of people working in that profession.

A professional organization is also known as a professional association. It facilitates communication and connection among its professionals. It supports innovations and creativity that help develop and grow the profession. Through their regular meeting, members of a profession share information on the trending issues, opportunities, and challenges affecting the profession.

Answer:

C

Explanation:

Lachlan will transfer $500,000 to Seroya in exchange for a 7% 10-year bond that can be converted at any time into 500-voting Seroya common stock. If Lachlan converts the debentures into voting common stock, Serouya will have sufficient shares to qualify for its obligations

Lachlan Co., Ltd. Established Seroya Co., Ltd. for the sole purpose of developing new products to be manufactured and sold by Lachlan Lachlan assigns Mr. Jiang to lead a team to develop a new product. Mr. Jiang was appointed as Serouya's general manager with an annual salary of $100,000, of which $10,000 will be paid to him by Serouya when Serouya is established. Mr. Jiang will invest his $10,000 in the project and receive the full initial issue of 10 shares of Serouya voting common stock. Lachlan transfers his $500,000 to Seroya in exchange for his 7% ten-year bond, which can be converted at any time into his Seroya common stock with 500 voting rights. If Lachlan converts the debentures into voting common stock, Serouya will have sufficient shares to qualify for its obligations. The Seroya Constitution gives holders of voting common stock and holders of securities convertible into voting common stock certain powers to require that a majority of each class vote separately. . These include:

The power to change Serouya's corporate purpose; and • The power to approve and issue voting shares in securities convertible into voting shares. At the time of Serouya's incorporation, there were no known financial legal impediments to Lachlan's debt conversion.

For more information on  securities see:

https://brainly.com/question/28070333

#SPJ4

Answer:

To encourage customers to forward the e-mail to their friends.

Answer:

ion know bout that one there

Explanation:

Financial goals are targeted objectives individuals set to attain specific desired financial outcomes.

Saving for college is a prime example, involving allocating funds for forthcoming educational expenses. Similarly, making recurring deposits into a savings account constitutes a financial goal, fostering savings growth for future needs like emergencies or investments.

In contrast, the other options—such as shopping during sales, purchasing a new computer, and obtaining a credit card—may involve transactions but lack the inherent long-term financial purpose of savings, investment, or fiscal stability that characterizes genuine financial goals.

To learn more about Financial gaols, click here.

https://brainly.com/question/29238593

#SPJ2

Answer:

Compound interest

Explanation:

You earn interest on your interest, depending on how often it compounds.

Number of employees with advanced degrees is NOT a nonfinancial performance measure of customer satisfaction on a commercial airline. The correct option is C.

Non-financial performance measures are benchmarks for performance that don't depend on monetary results. Examples of nonfinancial performance measures for customer satisfaction in the context of a commercial airline could include the quantity of reported lost bags and the quantity of canceled flights.

These metrics demonstrate the efficiency of the baggage handling procedures and the dependability of the airline in maintaining regular operations. Another non financial metric that assesses the punctuality of the airline's services is the proportion of on time flights.

Monitoring and enhancing these procedures can help increase customer satisfaction, draw in more travelers and uphold a solid reputation in the cutthroat airline business. The correct option is C.

Learn more about Non-financial performance at:

brainly.com/question/29809264

#SPJ4

As data becomes increasingly abundant and complex, machine learning and artificial intelligence will play an increasingly important role in helping investment managers make more informed investment decisions.

Investment management firms, such as hedge funds, mutual funds, and pension funds, are among the organizations that have invested heavily in machine learning (ML) and artificial intelligence (AI). In the investment management sector, machine learning and artificial intelligence are used in a variety of ways, including risk management, research, and trading. Machine learning algorithms can be used to analyze data, identify trends, and generate predictions in real time. This information can be used by investment managers to make more informed investment decisions. Machine learning and artificial intelligence are becoming increasingly popular in the investment management industry because they are capable of analyzing vast amounts of data more quickly and accurately than humans. As a result, machine learning and artificial intelligence can help investment managers identify market trends and investment opportunities that they may have missed otherwise. Investment managers can use machine learning algorithms to analyze and predict the performance of stocks, bonds, and other assets. This can help them optimize their portfolios and minimize their risk. Machine learning and artificial intelligence can also be used to predict market trends and anticipate changes in the economy, which can be used to make more informed investment decisions.

Overall, machine learning and artificial intelligence are becoming increasingly important in the investment management industry, and they are likely to become even more so in the future. As data becomes increasingly abundant and complex, machine learning and artificial intelligence will play an increasingly important role in helping investment managers make more informed investment decisions.

To know more about machine learning and artificial intelligence: https://brainly.com/question/30073417

#SPJ11

Answer:

Financial Resources

Human Resources

Educational Resources

Explanation:

In accounting, profit, revenue, expenses, and net income/loss are integral and they are defined as:

The Income statement includes the revenue which is the amount of sales or services provided by the company in a period.

The costs of running the company (expenses) are deducted from the revenue to find the profit. This can also be called the net income.

A net loss comes about when the expenses are more than revenue and this is not an ideal situation for companies.

Find out more on the income statement at https://brainly.com/question/21851842.

#SPJ1

Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.

Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.

Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.

Hence, the correct options are "A, B & C".

To know more about social responsibility, click here.

https://brainly.com/question/24176816

#SPJ1

Question Completion:

During January, the company had the following transactions:

a) Purchased $20,000 worth of materials on account.

b) Recorded materials issued to production as follows:

Job Number          Total Cost

201                           $12,000

202                            21,000

Indirect materials       3,200

                              $36,200

c) Recorded factory payroll costs from direct labor time tickets that revealed the following:

Job Number   Hours   Total Cost

201                     100         $2,150

202                    500        10,750

Factory supervisor's         5,000

                                      $17,900

d) Applied overhead to production at a rate of $25 per direct labor hour for 600 actual direct labor hours.

e) Recorded the following actual manufacturing overhead costs:

Items                         Total Cost  Description

Factory rent              $3,100       Paid in cash

Depreciation              2,500       Factory equipment

Factory utilities           1,750        Incurred but not paid

Factory insurance      1,250        Prepaid policy

                                $8,600

f) Completed Job 201 and transferred it to Finished Goods Inventory.

g) Sold Job 200 for $31,000.

Job 202 was still in process at the end of January.

Requirement: Post all transactions to T-accounts, including offsetting accounts, like the Cash Account, etc.

Answer:

Reyes Manufacturing Company

T-accounts:

Raw materials

Account Titles                 Debit     Credit

Accounts payable        $20,000

Job 201                                       $12,000

Job 202                                        21,000

Indirect materials                          3,200

Accounts payable

Account Titles                 Debit     Credit

Raw materials                             $20,000

Job 201

Account Titles                    Debit     Credit

Raw materials                 $12,000

Salaries expenses              2,150

Manufacturing overhead  2,500

Finished Goods                              $16,650

Job 202

Account Titles                    Debit     Credit

Raw materials                 $21,000

Salaries expenses            10,750

Manufacturing overhead 12,500

Ending Balance                              $44,250

Finished Goods Inventory

Account Titles                    Debit     Credit

Job 201                             $16,650

Cost of Job 200 sold                      $

Cost of goods sold

Account Titles                    Debit     Credit

Finished goods                   $

Sales Revenue

Account Titles                    Debit     Credit

Cash                                              $31,000

Cash Account

Account Titles                   Debit     Credit

Sales revenue              $31,000

Manufacturing overhead

Account Titles                 Debit     Credit

Raw materials               $3,200

Salaries expenses          5,000

Job 201                                          $2,500

Job 202                                          12,500

Salaries Expense

Account Titles                 Debit     Credit

Job 201                                        $2,150

Job 202                                        10,150

Manufacturing overhead             5,000

Explanation:

All the accounts involved in Reyes Manufacturing Company's January transactions are posted to the general ledger in the form of T-accounts with debit and credit sides.  The balances are not extracted.

ActioNOW and Becca entered into an oral contract protected by the Statute of Frauds where Becca agrees to work on a project for ActioNOW for eighteen months, the enforcers of this contract are (b) none of the choices.

Who can make this agreement enforceable?

Being an oral contract, the deal between Becca and ActioNOW is protected by the Statute of Frauds. An oral agreement must, however, be less than $500 in value of it to be recognized as valid under this statute.

The duration of the goods or services must also be less than a year. The government cannot enforce this contract since Becca and ActioNow committed to a contract that would last 18 months, which is longer than a year, and it is not enforceable under the Statute of Frauds.

Choices consist of:

• ActioNOW.

• Becca.

• any third party, such as ActioNOW’s clients.

• none of the choices

Learn more about Statute of Frauds here

brainly.com/question/14854791

#SPJ4

The question was incomplete. Check below the full question

ActioNOW and Becca enter into an oral contract in which Becca agrees to work on a project for ActioNOW for eighteen months. This contract is enforceable by: Select one:

a. ActioNOW.

b. none of the choices.

c. Becca.

d. any third party, such as ActioNOW's clients.

Ratio analysis has some restrictions because it completely disregards the qualitative features and only takes into account the quantitative ones.

Information from ratio analyses is historical in nature; it is not current. External issues, such as a global recession, are not included in ratio analysis. The human component of a company is not measured by ratio analysis.

Listed here are a few financial ratio limitations:

Accounting numbers, however, are also susceptible to errors, approximations, variations in practice, and sometimes even some degree of manipulation. Because of this, ratios are not very useful in reaching valid conclusions.

To know more about financial ratio visit:

https://brainly.com/question/28650442

#SPJ4

Answer:

Explanation:

Social Security tax for 2021 is 6.2% on the first $142,800 earned for the year.

Mr. Columbo falls under the limit so will pay the 6.2%.

Social security = 6.2% * 1,052

= $65.22 per week

Medicare is 1.45% with no limits:

= 1.45% * 1,052

= $15.25

Yearly Salary:

= Salary per week * Number of weeks in year

= 1,052 * 52

= $54,704

Answer:

Social media offers many benefits to business owners, as it allows them to reach out to their customers and to gain the attention of more people/potential customers

Explanation:

The lack of increase in measures of student performance despite the increase in per-pupil government subsidies can be attributed to various factors:1. Allocation of funds,2. Quality of education,
3. Socioeconomic factors,4. Time lag.

1. Allocation of funds: The increased subsidies might not have been utilized effectively to improve student performance. The funds may have been allocated to other areas, such as administrative costs or facility upgrades, rather than directly addressing educational needs.

2. Quality of education: Simply increasing subsidies does not guarantee an improvement in the quality of education. Factors like teacher qualifications, curriculum development, and teaching methods play a crucial role in student performance. Without focusing on these areas, the increase in subsidies may not lead to better outcomes.

3. Socioeconomic factors: Student performance is influenced by various socioeconomic factors outside the control of schools, such as parental involvement, home environment, and access to resources. Increased subsidies alone cannot overcome these challenges.

4. Time lag: It takes time for changes in funding to manifest in improved student performance. The impact of increased subsidies may not be immediately measurable, and long-term trends need to be considered.

In summary, the lack of improvement in student performance despite increased subsidies can be attributed to factors such as ineffective fund allocation, inadequate focus on educational quality, socioeconomic influences, and the time lag in observing changes. Efforts should be made to address these factors to ensure that increased subsidies lead to tangible improvements in student outcomes.

Learn more about subsidies :

https://brainly.com/question/33599036

#SPJ11

Suppose that the distribution of the 1-year loss is given as:L($ million)   Probability 0.1a) 1-year 70% is defined as the maximum possible loss for a given level of confidence and period of time.

The 70% VaR, therefore, implies that the confidence level is 1-70% = 30%, and the period of time is 1 year.To calculate the 70% VaR, we need to find the maximum loss of the 30% probability:1. Sort the loss and probability values in descending order:Loss ($ million)    Probability

Cumulate the probability values:Loss ($ million)    Probability    Cumulative Probability        1.03. Identify the maximum cumulative probability that is less than or equal to 0.3. From the table above, the maximum cumulative probability is 0.2.4.

The corresponding loss is the 70% VaR: 2 $ million.b) 1-year 70% ES:ES is defined as the average loss of the worst 30% of scenarios.

In order to find the ES, we must first calculate the loss corresponding to the 30th percentile. From the cumulative probability column of the table above, the loss corresponding to the 30th percentile is $0 million.To calculate the ES, we need to average the losses exceeding $0 million.

These are losses for which the probability is 0.4, 0.1, and 0.1.Loss Probability Cumulative Probability -1 0.4 0.4 0 0.1 0.5 1 0.1 0.6 2 0.1 0.7 4 0.1 0.8 The average of these losses is: (-1*0.4+0*0.1+1*0.1+2*0.1+4*0.1)/0.3 = 1.13 $ millionThus, the 1-year 70% ES is 1.13 $ million.c) 1-year 80% VaR:To calculate the 80% VaR, we need to find the maximum loss of the 20% probability.

Using the same steps from part (a), the 80% VaR is the maximum cumulative probability that is less than or equal to 0.2.Loss Probability Cumulative Probability -1 0.4 0.4 0 0.2 0.6 1 0.2 0.8 2 0.1 0.9 4 0.1 1.0The maximum cumulative probability that is less than or equal to 0.2 is 0.6.

Therefore, the corresponding loss is 0 $ million.d) 1-year 80% ES:To calculate the 80% ES, we need to find the average loss of the worst 20% of scenarios. The loss corresponding to the 20th percentile is $0 million. The losses exceeding $0 million correspond to probabilities of 0.2, 0.2, 0.1, and 0.1.Loss Probability Cumulative Probability -1 0.4 0.4 0 0.2 0.6 1 0.2 0.8 2 0.1 0.9 4 0.1 1.0 The average of these losses is: (-1*0.4+1*0.2+2*0.1+4*0.1)/0.2 = 0.6 $ millionThus, the 1-year 80% ES is 0.6 $ million.

To know more about Probability visit:

https://brainly.com/question/31828911

#SPJ11

An organization can share phi with others, according to professional judgment rights if HIPAA Privacy Rule specifically permits it.

The Health Insurance Portability and Accountability Act serves as the federal law that required the creation of national standards.

This standard help to protect sensitive patient health information from unauthorized access.

Therefore, information can only be shared if HIPAA Privacy Rule specifically permits it.

learn more about (HIPAA at;

https://brainly.com/question/11069745

The method that can be used to estimate the cost of equity, under the assumption that the market value of shares is directly related to the expected future dividends on the shares is the dividend growth model. The dividend growth model is used to estimate the intrinsic value of a share of stock, where the price of a share is determined by its expected future dividends.

The formula is as follows:

Price of share of stock = Dividend for next year / (Cost of equity - Dividend growth rate)

The cost of equity refers to the required return for a company’s shareholders. The dividend growth rate is the rate at which a company is expected to grow its dividends in the future. When using the dividend growth model, the expected future dividends are discounted back to the present value using the required return or cost of equity.

Accordingly, option (c) "Dividend growth model" is the correct option.

The method that can be used to estimate the cost of equity, under the assumption that the market value of shares is directly related to the expected future dividends on the shares is the dividend growth model.

To know more about market value visit:

https://brainly.com/question/28320555

#SPJ11

The case mentioned is the European Communities-Measures Concerning Meat and Meat Products (Hormones) case, which was brought before the WTO Appellate Body in 1998.

The case involved a dispute between the European Union (EU) and the United States regarding the EU's ban on the import of beef treated with growth hormones.

The EU had imposed the ban in response to concerns raised by its citizens regarding the potential risks associated with the consumption of beef injected with natural and synthetic growth hormones. The United States challenged the ban, arguing that the EU had not conducted a proper risk assessment as required under the Agreement on the Application of Sanitary and Phytosanitary Measures (SPS Agreement).

The Appellate Body, in its decision, determined that the EU's ban on hormone-treated beef did not comply with the requirements of the SPS Agreement. It stated that a risk assessment should be a scientific process aimed at establishing the scientific basis for the sanitary measure, and the EU's ban did not follow scientific principles and procedures.

The case highlighted the importance of relying on sound scientific principles and providing evidence when implementing trade measures that may restrict imports. Under the Agreement on Technical Barriers to Trade (TBT Agreement), exceptions to the General Agreement on Tariffs and Trade (GATT) require adherence to scientific principles.

The aftermath of the case resulted in tensions between the United States and the European Union, with the WTO authorizing the United States and Canada to impose extra duties on European exports. Subsequent efforts were made to resolve the dispute, and in 2012, a negotiated agreement was reached. The European Union maintained its ban on importing hormone-treated beef but increased its quota for importing beef from Canada and the United States.

Overall, the case showcased the challenges of balancing trade restrictions based on public health concerns and the need to ensure that such measures are supported by scientific evidence and comply with international trade agreements.

To know more about growth hormones. here

https://brainly.com/question/2485207

#SPJ11

Free rein leaders are a type of leadership style that can be described as democratic.

Free-rein leadership, also known as laissez-faire leadership, is a type of leaders in which supervisors take a back seat and let group members judge.

Managers set goals, and employees are easy to do whatever is necessary to meet those goals.

This leadership is described as democratic because here the peoples having the authority to consider and decide the legislation, is the same as the laissez-faire leadership in which the leader judges.

Therefore, Free rein leaders can be described as democratic.

Learn more about the democratic, refer to:

https://brainly.com/question/14320124

Neufeld Company issued $2,000,000 of 6%, 5-year bonds at 98, which pay interest annually. Assuming straight-line amortization, $1,968,000 is the carrying value of the bonds after one year.

($2,000,000 × .98) + [($2,000,000 × .02) ÷ 5] = $1,968,000

(Face value. × 98%) + [(face value. × (1 - .98)) ÷5

Learn more about bonds here: https://brainly.com/question/25965295

#SPJ4

Disclaimer: The question is incomplete. Please read below to find the missing content.

Neufeld Company issued $2,000,000 of 6%, 5-year bonds at 98, which pay interest annually. Assuming straight-line amortization, what is the carrying value of the bonds after one year?

Answer:

having to make a down payment..

An advantage of renting over buying a home and having to make a down payment. The correct option is D. Financial risks are lower when renting. You are aware of the precise monthly rent payment you will be making.

The three biggest advantages of staying a renter, in Ramsey's opinion, are having more flexibility if you decide to move, not having to pay for home maintenance, and not having to spend as much money initially. Additionally, your landlord will handle all necessary repairs, upkeep, and other costs. There is no additional cost.

Renting offers convenience, consistent monthly costs, and maintenance assistance. Along with the concrete advantages of tax deductions and equity, home ownership also offers intangible advantages like a feeling of security and pride in one's possession.

Thus, the ideal selection is option D.

Learn more about Renting here:

https://brainly.com/question/15057676

#SPJ2

False. While increasing taxes on individuals earning more than $1 million per year would generate additional revenue for the government, it would not necessarily eliminate the deficit.

The deficit is the difference between the government's spending and its revenue, and it is affected by many factors such as government programs, economic conditions, and interest rates. Additionally, some argue that increasing taxes on the wealthy could potentially harm the economy by reducing incentives for investment and entrepreneurship.

While increasing taxes on higher income earners might generate additional revenue for the government, there are various factors that influence the deficit, such as government spending and economic conditions. The deficit may still persist if the additional tax revenue is insufficient to cover the gap between government spending and revenue.

To know more about government visit:-

https://brainly.com/question/15012483

#SPJ11

Exporters could be negatively impacted by a stronger US dollar as their products become more expensive in foreign markets, potentially reducing demand for their goods.

When the US dollar strengthens, it means that the value of the US dollar increases relative to other currencies. This appreciation can have adverse effects on exporters.

A stronger US dollar makes the prices of exported goods more expensive for foreign buyers. As a result, the demand for these goods may decrease as they become relatively more costly compared to similar products from countries with weaker currencies. This can lead to a decline in export sales and potentially harm the revenues and profit of exporters.

Moreover, a stronger US dollar can also make it challenging for exporters to remain competitive in international markets. As their products become more expensive, foreign customers may seek alternatives from countries where their own currencies have a better exchange rate with the US dollar.

Learn more about profit here:

https://brainly.com/question/30091032

#SPJ11

When comparing calculated location quotients with existing location quotients available from the BLS website, the results may vary due to different time periods, data sources, and methodology.

The location quotient (LQ) technique is used to measure the concentration of a specific occupation, industry, or demographic group in a particular region as compared to a larger geographic area, such as the entire nation.

It is calculated as the ratio of the proportion of employment in a particular region for a specific industry or occupation to the proportion of employment in that industry or occupation for the larger geographic area.

The formula for calculating the location quotient is:

LQ = (Employment in region for a specific industry or occupation / Total employment in the region) / (Employment in the larger geographic area for the same industry or occupation / Total employment in the larger geographic area)

A location quotient of 1 indicates that the industry or occupation has the same level of concentration in the region as in the larger geographic area. A location quotient greater than 1 indicates a higher concentration in the region, while a location quotient less than 1 indicates a lower concentration in the region.

To calculate the location quotient, one needs to know the employment figures for the specific industry or occupation for both the region and the larger geographic area. These figures can be obtained from government agencies like the Bureau of Labor Statistics (BLS).

When comparing calculated location quotients with existing location quotients available from the BLS website, the results may vary due to different time periods, data sources, and methodology. However, the general interpretation of the location quotient remains the same.

Learn more about location quotients: brainly.com/question/13716346

#SPJ11