Answer:
$898.54
Explanation:
The Price of the Bonds is equal to the Present Value or Fair Value of the Bonds.
Using the Financial Calculator, Input elements will be as follows :
N = 15
pmt = $1,000 × 5.7% = $57
YTM / i = 6.8%
Fv = $1,000
Pv = ?
Pv = $898.54
The Coupon rate is lower than the market rate thus the Bonds will fetch a lower price.
A poultry rancher discovered what when she increased the price of organic eggs from $0.75 to $1.00 per dozen, the sales of her eggs fell from 300 dozen per week to 200 dozen per week. If she wants to increase her total revenue from egg sales, she should: reduce the price of eggs back to $0.75. take up dairy farming. raise the price of eggs even more. hold the price constant at $1.00.
Answer:
reduce the price of eggs back to $0.75
Explanation:
She should reduce the price of eggs back to $0.75 if she wants to increase her total revenue from egg sales because increasing her egg price from$0.75 to $1.00 per dozen make the sales of her eggs fell from 300 dozen per week to 200 dozen per instead of increasing from 300 dozen per per week to 400 per dozen per week.
Therefore for her to makes more sales and have increase in revenue or profit she should revert the price from $1.00 back to $0.75 per dozen which it was before which will inturn leads to more sales and high revenue or profits.
Which of the following is the correct adjusting entry for the account holder when the bank submits a debit memorandum for a monthly service charge of $30?a) Loss on Bank Transactions 30Cash 30b) Miscellaneous Expense 30Cash 30c) Cash 30Account Revenues 30d) Cash 30Bank Service Fee 30
Answer:
b) Miscellaneous Expense 30 Cash 30
Explanation:
As we have to record the adjusting entry for a monthly service of $30
So the adjusting entry is
Miscellaneous Expense $30
To Cash $30
(Being the monthly service charges is recorded)
Since there is a monthly service charges so the miscellaneous expense is debited and the cash is credited since it reduces the cash amount
A student remarks: "135,000,000 shares of General Electric were sold yesterday on the New York Stock Exchange, at an average price of $25 per share. That means General Electric just received a little over $3.4 billion from investors."Do you agree with the student's analysis?
A. No, these shares were likely traded in the secondary market, so General Electric would not receive any of the money.
B. Yes, these shares were likely traded in the primary market, so General Electric would receive a little over $3.4 billion
C. No, these shares were likely traded in an over-the-counter market, so GE would receive less than $3.4 billion.
D. Uncertain, since the sale would be subject to capital gains, more information is required
Answer:
The correct option is B, no, these shares were likely traded in the secondary market, so General Electric would not receive any of the money.
Explanation:
Buying and selling of General Electric shares on the New York Stock Exchange means that existing shares of the company exchange hands between investors who hold the shares wishing to sell and the investors who want to buy the shares,in effect,General Electric does not receive a dime from the transactions.
In essence,the student's analysis is wrong because GE would have received cash if they had come to the market to sell shares publicly as in the case of Initial Public Offer(IPO).
A marketing campaign to target business travelers includes two advertising buys. One buy cost $4,600 and yielded 220 leads. The other buy cost $6,700 and yielded 450 leads. What is the average cost per lead for these two buys
The average cost per lead for these two buys are $20.90 & $14.88 of the buy of the two marketing campaign.
What is marketing?
The practice of a business of promoting the purchase and sale of goods and services is referred to as “marketing.” Promotion, publicity, and advertising make up marketing. The marketing are the important part of the economies. The marketing are the based of the consumer behavior.
The typical pricing is the marketing campaign expenditure incurred to obtain a new potential customer. The average price per lead, or CPL, is computed to use the ratio of entire marketing spend / total leads and sales. CPL assists in determining the most effective marketing strategy.
Determine are the first marketing campaign cost are:
=$4,600/220
=$20.90
Determine are the second marketing campaign cost are:
=$6700/450
=$14.88
As a result, the first marketing campaign is $20.90. The second marketing campaign is $14.88.
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Final answer:
To calculate the average cost per lead for two advertising buys, we sum the costs ($4,600 + $6,700 = $11,300) and divide by the total leads (220 + 450 = 670), resulting in an average cost of $16.87 per lead.
Explanation:
The student's schoolwork question pertains to calculating the average cost per lead from two different advertising buys aimed at business travelers. To find the average cost per lead, we must divide the total cost by the total number of leads from both advertising buys.
First advertising buy: $4,600/220 leads = $20.91 per lead
Second advertising buy: $6,700/450 leads = $14.89 per lead
To calculate the average cost per lead, we add the total costs of both buys and divide by the total number of leads. Total cost is $4,600 + $6,700 = $11,300. Total leads are 220 + 450 = 670 leads. So, the average cost per lead is $11,300 / 670 leads = $16.87 per lead.
The philosophical leaders of the quality movement, Philip Crosby, W. Edwards Deming, and Joseph M. Juran, had the same general message about what it took to achieve outstanding quality. Which of the following was part of that message? A. Quality is freeB. Leadership from senior managementC. Customer focusD. Total involvement of the workforceE. Continuous improvement
Answer:
C. Customer focus
Explanation:
Since the main recipient of what you're producing is targeted at the customer, Customer focus by every organization is very important. Customer focus involves taking into consideration the needs of the customer. It involves carrying out the activities of planning and operating using the terms of the customers who are the final consumers. According to those philosophical leaders, in trying to achieve outstanding quality, one must be customer focused. With customer focus an organization can ensure that its meeting the satisfaction of its customers. The general quality of such products is usually high as it is centered on what the customer wants.
Answer:
Customer focus
Explanation:
Customer focus
Total involvement of the workforce
Continuous improvement needs of the customer was also part of the message
Deming opined that by embracing certain principles of the management, organizations can improve the quality of the product and concurrently reduce costs. Reduction of costs would include the reduction of waste production, reducing staff attrition and litigation while simultaneously increasing customer loyalty. The key, in Deming’s opinion, was to practice constant improvement and to imagine the manufacturing process as a seamless whole, rather than as a system made up of incongruent parts.
The primary focus of every business, during Juran's time, was the quality of the end product, which is what Deming stressed upon. Juran shifted track to focus instead on the human dimension of Quality management. He laid emphasis on the importance of educating and training managers. For Juran, the root cause of quality issues was the resistance to change, and human relations problems.
His approach to quality management drew one outside the walls of a factory and into the non-manufacturing processes of the organization, especially those that were service-related.
Crosby's principle, Doing It Right the First Time, was his answer to the quality crisis. He defined quality as full and perfect conformance to the customers' requirements. The essence of his philosophy is expressed in what he called the Absolutes of Quality Management and the Basic Elements of Improvement.
All this are for the customer, they focus on te customers
A company received cash sales of $15000. They also collected $43000 in receivables during the month. Answer questions 4 to 6 with this information.
4. What is the journal entry for the collection of the receivables?
5. What is the journal entry for the collection of the sales?
6. If the sales received were all made by credit cards with a fee of 1.25%, what would be the journal entry for cash?
The journal entries would be: collection of receivables: Debit Accounts Receivable $43000, Credit Cash $43000; collection of sales: Debit Cash $15000, Credit Sales Revenue $15000; if the sales were made via credit cards with a fee of 1.25%, it would be: Debit Cash $14,812.50, Debit Credit Card Expense $187.50, Credit Sales Revenue $15000.
Explanation:The topic primarily deals with the formulation of journal entries in financial accounting, which is related to a company's cash flows. Here are the answers to the presented questions:
The journal entry for the collection of the receivables would be: Debit Accounts Receivable $43000, Credit Cash $43000.The journal entry for the collection of the sales would be: Debit Cash $15000, Credit Sales Revenue $15000.If the sales were made via credit cards with a fee of 1.25%, the cash amount would be less than $15000 due to the fees. The cash amount would be $15000 less 1.25%, which equals $14,812.50. Therefore, the journal entry for cash would be: Debit Cash $14,812.50; Debit Credit Card Expense $187.50; Credit Sales Revenue $15000.Learn more about Financial Accounting here:https://brainly.com/question/33407257
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Final answer:
The collection of receivables is recorded with a debit to Cash and a credit to Accounts Receivable. Cash sales are recorded as a debit to Cash and a credit to Sales Revenue. For credit card sales with a fee, debit Cash for the net amount received, debit a Credit Card Expense for the fee, and credit Sales Revenue for the total sales amount.
Explanation:
To answer the student's questions regarding journal entries for the cash sales and the collection of receivables:
Question 4: The journal entry for the collection of receivables:
When a company collects on its accounts receivable, the entry to record this would be a debit to Cash and a credit to Accounts Receivable.
Journal Entry:
Debit Cash $43,000Credit Accounts Receivable $43,000Question 5: The journal entry for the collection of the sales:
For cash sales, the journal entry is a debit to Cash and a credit to Sales Revenue.
Journal Entry:
Debit Cash $15,000Credit Sales Revenue $15,000Question 6: The journal entry for cash sales with a credit card fee:
If the sales were made by credit card and there's a fee of 1.25%, the company would record the net amount received after the fee. To calculate the fee, multiply $15,000 by 1.25%, which equals $187.50. Therefore, the company receives $15,000 minus $187.50, which equals $14,812.50.
Journal Entry:
Debit Cash $14,812.50Debit Credit Card Expense $187.50Credit Sales Revenue $15,000Assume you own shares in Honeywell Inc. and that the company currently earns $4.40 per share and pays annual dividend payments that total $2.40 a share each year. Calculate the dividend payout for Honeywell. (Enter your answer as a percent rounded to 2 decimal places.)
Answer:
$54.54%
Explanation:
Data provided as per the question below:-
Dividend payments = $2.40
Earnings = $4.40
The computation of dividend payout is shown below:-
Dividend payout ratio = Dividend payments ÷ Earnings × 100
= $2.40 ÷ $4.40 × 100
= $54.54%
Therefore for computing the dividend payout ratio we simply divide earnings by dividends payments and convert into percentage.
The dividend payout ratio for Honeywell Inc. is determined by dividing the annual dividends per share ($2.40) by the earnings per share ($4.40). This results in a dividend payout ratio of 54.54%.
Explanation:The dividend payout ratio is a financial metric that shows the proportion of earnings a firm pays to its shareholders in the form of dividends from its net income. In your case, if Honeywell Inc. is currently earning $4.40 per share and pays out $2.40 in dividends per share, the dividend payout would be calculated by dividing the annual dividends by the earnings per share.
Dividend Payout Ratio = Annual Dividends per Share / Earnings per Share
Thus, = $2.40 / $4.40 = 0.5454 (or 54.54%)
So, the dividend payout ratio for Honeywell Inc. is 54.54%. This means that Honeywell Inc is distributing 54.54% of its net income to shareholders as dividends, and retaining the rest for re-investment into the business or to cover future expenses.
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An increase in U.S. interest rates relative to German interest rates would likely ____ the U.S. demand for euros and ____ the supply of euros for sale. a. increase; reduce b. increase; increase c. reduce; reduce d. reduce; increase
Answer:
An increase in U.S. interest rates relative to German interest rates would likely decrease the U.S. demand for euros and increase the supply of euros for sale
Explanation:
An increase in U.S. interest rates relative to German interest rates would make U.S investments more attractive. This will increase the demand for U.S bonds: to buy them, investors have to acquire dollars. Then, in this case, it is more convenient to exchange euros to dollars to be able to buy US bonds, which have a higher yield (because they pay more interest than German ones). This implies than dollar's demand will increase and euro's supply will decrease.An increase in U.S. interest rates would likely reduce the U.S. demand for euros and increase the supply of euros for sale due to more attractive investment opportunities in the U.S.
Explanation:An increase in U.S. interest rates relative to German interest rates would likely reduce the U.S. demand for euros and increase the supply of euros for sale. When U.S. interest rates are higher, it becomes more attractive to save and invest in the U.S., reducing the demand for euros. At the same time, a higher interest rates can attract investors from other countries, such as those using euros, to invest in the U.S. This leads to an increased supply of euros for sale as they are exchanged for U.S. dollars. So, the correct answer should be (d) reduce; increase.
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The idea behind the marketing concept is ___________. understanding how to sell each and every product available, in a transactional type environment increasing productivity, by creating innovative products and producing as much as possible, in a short amount of time a mutually beneficial exchange between buyers and sellers, where buyers receive quality products and good service, and sellers realize a profit building satisfying relationships between buyers and sellers, even if some years the seller experiences losses
Answer:
a mutually beneficial exchange between buyers and sellers, where buyers receive quality products and good service, and sellers realize a profit.
Explanation:
Marketing concept is a business philosophy which stated that in order for a business to acquire customers, that business need to be able to learn about customers' needs and do something in order to satisfy that needs. In return, the customers will contribute to the business' income. This relationship resulted in a mutually beneficial exchange between the two.
For example,
I want a food from this Mexican restaurant in the middle of the city. But i'm too lazy to drive there and buy it.
This create a need. For someone to go there , buy the food and deliver it to me.
There is a company who offered that service for me. That company require me to download an app and i can use that app to order a delivery. This company has satisfied the needs. In return, I'm willing to pay a delivery fee for their services. Both me and that company benefited from the situation.
The primary focus of the 'marketing concept' is a mutually beneficial exchange between buyers and sellers, where customers' needs and wants are identified and satisfied better than the competition. It acknowledges the significance of building relationships and increasing productivity, but accents on the benefits the buyers and sellers derive from the process.
Explanation:The marketing concept is primarily focused on a mutually beneficial exchange between buyers and sellers, where buyers receive quality products and good service, and sellers realize a profit. This idea emphasizes the importance of understanding the needs and wants of the target market and satisfying those needs better than the competition does. For instance, a company should not just focus on selling any product but should rather identify consumer's desires and produce products that meet those desires.
While increasing productivity through innovative products and building satisfying relationships between buyers and sellers are important aspects, they serve the bigger goal of creating a process where both buyers and sellers benefit. This concept holds that the key to achieving organizational goals lies in the company being more effective than its competitors in integrating marketing activities toward determining and satisfying the needs and wants of its target markets.
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Mr. Lui has just finished his lesson on catharsis in his English literature class. He assigns students homework that entails researching other examples of catharsis in contemporary motion pictures. What strategy of promoting concept formation has Mr. Lui utilized in his homework assignment?
Answer:
Checking for students' understanding of a concept by asking them to apply the concept to other contexts.
Explanation:
Concept formation is an inductive teaching technique that enhance discovery learning and helps to get clear understanding of a concept in pupils by using psychological processes such as observation, analysis, hypothesis, generation and testing a small set of the concepts.
Mr. Lui utilized the strategy of checking for students' understanding of a concept by asking them to apply the concept to other contexts in his homework assignment.
Bill Raymond is the CEO of the Drummond Group, a consulting group in the Carolinas. Sales have increased at least five percent every year for the past seven years. Unfortunately, the company has hit a slump this year, and revenue is far less than anticipated. However, in order to receive his performance bonus, Bill must show a sales increase of at least seven percent. When the financials are released, sales have increased by exactly seven percent. Which of the following ratio analyses would be most helpful in revealing that Bill included bogus sales in the company's financials? a) Inventory turnover b) Receivable turnover c) Debt-to-equity ratio d) Quick ratio
Answer:
B. Receivable turnover
Explanation:
Bill Raymond is the CEO of the Drummond Group, a consulting group in the Carolinas. Sales have increased at least five percent every year for the past seven years.
Unfortunately, the company has hit a slump this year, and revenue is far less than anticipated. However, in order to receive his performance bonus, Bill must show a sales increase of at least seven percent. When the financials are released, sales have increased by exactly seven percent. The ratio analyses that would be most helpful in revealing that Bill included bogus sales in the company's financials is called RECEIVABLE TURNOVER
Accounting profit is equal to a. total revenue minus the opportunity cost of producing goods and services. b. average revenue minus the average cost of producing the last unit of a good or service. c. total revenue minus the explicit cost of producing goods and services. d. marginal revenue minus marginal cost.
Answer:Option C
Explanation:
Accounting profit means the book keeping profit where the explicit cost is taken and subtracted from the revenue of the firm. This rule is followed according to the GAAP rule of accounting. The explicit cost of production includes the production cost, raw material costs, distribution costs, and other production expenses.
Explicit cost are the direct cost incurred in the production of goods and services. Hence these cost are deducted from revenue. Implicit cost are hidden cost which are not paid directly.
Accounting profit is a company's total revenue minus all explicit costs related to the production of goods or services. It's a fundamental measure of financial performance.
Explanation:The correct statement is c. Accounting profit is equal to total revenue minus the explicit cost of producing goods and services. Traditionally, accounting profit is a firm's total revenue minus all the explicit costs involved in producing goods or services. The explicit costs include payments for labor, rent, raw materials, and other tangible expenses. The concept is one of the fundamental measures of a company's financial performance that investors, regulators, and other stakeholders use to make decisions.
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Fran’s Crazy Salts has just been bought by Allspice. Employees are unsure of what that will mean for their jobs, as Allspice already has a competent workforce. As a result, many employees have started to call out sick and have begun to look for other jobs. Fran’s Crazy Salts should use a change agent to address ________.a. evaluating the intervention.
b. collecting feedback.
c. revitalizing the organization.
d. adapting to mergers.
e. managing conflict.
Answer:
d. adapting to mergers.
Explanation:
The change agent has a clear confidence in the workforce for the current workforce (previous company) on company policy so that they can be sure about their future with the company and their future activity. So adaptation to mergers the right choice because the change agent must be ready and committed to the workforce as soon as possible.A flexible budget:a) Is designed to be adjusted at frequent intervals for changes in the general price level. b) Consists of estimates of costs and expenses for various possible levels of activity.c) Cannot be prepared when a standard cost system is in use. d) Is better suited for use with a job cost system than a standard cost system.
Answer:
A flexible budget is a budget that adjusts or flexes with changes in volume or activity.
Explanation: For costs that vary with volume or activity, the flexible budget will flex because the budget will include a variable rate per unit of activity instead of one fixed total amount.
An electronics manufacturer in Norway has developed a training program to train its support staff in foreign markets on the repair and maintenance of its products. The firm also ensures that there is enough stock of spare parts in all its distribution centers. According to the Product Component Model, the company is making improvements in the ________ component of the product.
A) coreB) support servicesC) packagingD) designE) global
Answer:
The correct answer is B) support services.
Explanation:
The main purpose of this model is to provide knowledge to collaborators so that they can provide the support service in the correct way. When any breakdown occurs in the electronic products, the buyer goes to the service centers recognized by the manufacturer in order to solve the problem with the product, for which it is necessary to train all the personnel looking for an effective and quality.
Answer:
B. Support service
Explanation:
The support service component is made up of activities like repair and maintenance services of products sold by the organization, installation, delivery, warranty information, training and instructions on how to use the product and so on. By training support staff and stocking the distribution centers with spare parts for repairs, maintenance and installation amongst others, the electronic manufacturer company is improving in its support service component.
g What will happen to the short-run Phillips curve? A. The short-run trade-off between uemployment and inflation will be better than before as the economy moves to a lower short-run Phillips curve. B. The short-run trade-off between uemployment and inflation will be worse than before as the economy moves to a higher short-run Phillips curve. C. The economy will go back to equilibrium with a lower inflation rate and a higher unemployment. D. The real wage will fall, unemployment will fall and the economy will go back to equilibrium with an even higher inflation rate.
Answer:
B. The short-run trade-off between uemployment and inflation will be worse than before as the economy moves to a higher short-run Phillips curve.
Explanation:
What will happen to the short-run Phillips curve? The short-run trade-off between unemployment and inflation will be worse than before as the economy moves to a higher short-run Phillips curve.The short-run Phillips curve shows that in the short-term there is a tradeoff between inflation and unemployment
Ryan is a manager at Steve's Stoneworks, Inc. Hersey and Blanchard would consider most of Ryan's subordinates highly ready based on their ability to perform their jobs. Based on this, which of the following leadership styles is best for Ryan?
a. Telling
b. Delegating
c Forcing
d. Participating Selling
Answer:
B. Delegating
Explanation:
Delegating refers to the situation whereby an entity is assigned the authority or given the leeway in carrying out specific job task. Before an individual is delegated to carrying out an assignment, he or she must have shown competence in completing such task in the past. In this scenario, it is believed that Ryan's workers are highly ready based on their ability to perform their job. Thus, Ryan could decide to carry out delegation style of leadership since the workers are highly ready.
Business intelligence analytical capabilities may include​ ________
Answer:
The answer options to this question would be the following:
A. operational intelligence
B. a client metric
C. data warehousing
D. predictive analytics
The correct answer is D. predictive analytics.
Explanation:
Predictive analysis are data mining techniques that allow conclusions to be drawn about present conditions and future events, through the application of different techniques, both statistical, mathematical, and artificial intelligence, among others. The objective of predictive analysis is to reach conclusions through this data to generate information and, in turn, with that information, generate knowledge. This knowledge will serve to develop business strategies.
Complete Question:
Business intelligence analytical capabilities may include ________, which utilizes statistics and data mining to try to determine the likelihood of future events for planning purposes.
A. operational intelligence
B. a client metric
C. data warehousing
D. predictive analytics
E. a cloud service
Answer:
D. predictive analytics
Explanation:
Business intelligence analytical capabilities may include predictive analytics, which utilizes statistics, artificial intelligence, predictive modeling, machine learning and data mining to try to determine the likelihood of future events for planning purposes.
La Belle Inc. introduced a new line of accessories for teenage girls last season. Following its immense popularity with the targeted group, the company anticipated high sales in the current season and ordered raw materials accordingly. However, the success of the new line turned out to be a fad as the teens soon turned to other products offered by competing brands and La Belle's sales declined. This forecasting error caused a huge discrepancy in the amount of raw materials they needed and the amount of inventory they had already piled up in anticipation of good sales. This is an example of ________. the multiplier effect safety stock planning hindsight bias product recall the bullwhip effect
Answer:
The bullwhip effect
Explanation:
The bullwhip effect is identified by the supply chain, specifically where a great difference exists between the sales to the end-user and the orders sent to the supplier or manufacturer. This irregularity affects the supply chain process because it would lead to exaggerated fluctuations.
Certain factors are responsible for the bullwhip effect or are contributors, some of them are:
When qualitative communication does not exist between links in the supply chain. This results in ordering different quantities because each link in the supply chain is working individually on perceived product demand.Categorizing orders in different batches. This occurs when companies tend to accumulate demand before placing an order. This could affect the supply chain negatively due to inconsistencies in demand. Using obsolete demand information. When the previous demand information is used without considering demand fluctuations over a period of time contributes greatly to the bullwhip effect.Answer:
The Bullwhip effect
Explanation:
This is an example of bullwhip effect.
The Bullwhip supply chain effect has to do with firms having to procure more, to keep pace with fluctuations in consumer demand as a result of forecast inaccuracies.
The Bullwhip starts from the retailer who has direct interface with the consumer and first receives the shock of the change in demand and passes it on to the wholesaler and then to the manufacturer and finally, raw material supplier.
It is indicated in the scenario that ''This forecasting error caused a huge discrepancy in the amount of raw materials they needed and the amount of inventory they had already piled up in anticipation of good sales.''
Hence consumer demand was not adequately anticipated and that is an example of the bullwhip effect.
Ayesha is a strategist for the firm Optiks Inc., which produces high-quality HD movie cameras. This company needs a specific material for a new camera they are developing, which is manufactured in large quantities by a competitor called Expert Technology Inc. However, this material is difficult to trade. Because of this, which of the following is most likely the best strategy for Ayesha to suggest? Optiks should enter into co-opetition with Expert Technology. Optiks should form a long-term agreement with Expert Technology. Optiks should acquire Expert Technology. Optiks should form a short-term agreement with Expert Technology.
Answer:
Option C Optiks should acquire Expert Technology.
Explanation:
Ther reason is that the competitor will never let an organization to use its innovation to compete with itself in the same market in which it is operating. This means that the only solution is to acquire the expert technology by either investing in research and development or buying the innovation from the Competitor which it would not sell.
Answer:
Firm Optiks Inc, should acquire Expert Technology
Explanation:
Co-opetition ,long-term agreement as well as short-term agreement would be nearly impossible due to the fact the difficult inherent in trading the material as the three options are all trade agreements.
However,acquiring Expert Technology Inc, means the company would now be under the control of Optiks Inc, and it is able to direct its affairs to suit its preference including the usage of the material required by Optiks Inc,to manufacture its HD movie cameras.
Select the correct answer.
What is Jill actually doing when she makes a note of trade ideas that strike her every now and then?
A citizen of York purchased a truck in 20X3 for $50,000. On June 10, 20X9, she donated the truck to York. The fair value of the truck on the date of donation was $30,000. How should York report the truck in its government-wide Statement of Net Assets
Answer:
Since the fair value was $30,000 hence the interest was $50,000-30,000=$20,000
option C is correct.
Answer:
B. Machinery and equipment should be increased $30,000.
Explanation:
Given that the current fair value of the truck donated to the city of York is valued at $30,000, the amount or entry to be written on the government wide statement of net asset will be machinery and equipment should be increased by $30,000. The initial amount of the truck that the citizen purchased it for in 20X3 is not a true represented of the current worth of the truck, hence the reason it is not being used and it's why the fair value estimation gives a better current worth of the asset.
Which part of a computer takes the text and pictures on your screen
and prints them onto paper?
A) Monitor
B) Printer
C) Computer Case
D) Central Processing Unit (CPU)
The monitor works with a video card that is located inside the computer case, to display images and text on the screen. Thus, the correct option is A). Monitor.
What is a Monitor?A monitor is an electronic visual computer display that includes a screen, circuitry and the case in which that circuitry is surround. It is an output device that displays information in pictorial or text form.
A monitor is an electronic output device that is also known as a video display terminal, which is used to display images, text, video, and graphics information generated by a connected computer via a computer's video card.
There are five types of monitors CRT, LCD, LED, OLED and Plasma Monitor all are used in televisions or computer desktops. Monitor is basically used for Gaming.
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When a company is following the proportionality principle in its policy creation, the security levels, costs, practices, and procedures are all appropriate and proportionate to the degree of reliance on the system and the value of the data. True False
Answer:
True
Explanation:
The proportionality principle encourages for balance or fairness. Therefore, in its policy creation, the security levels, costs, practices, and procedures of a company should be appropriate and proportionate to the degree of reliance on the system and the value of the data.
For instance, you would not expect the security level of a company concerning its customers contact information to be the same with the company's operating address, because the latter is less sensitive.
Final answer:
The statement given by the student is true; applying the proportionality principle in company policy ensures that security measures are matched with the value of the data and system reliance. Companies conduct risk assessments and cost/benefit analyses to determine the appropriate security investments. This ensures both compliance and efficient resource allocation.
Explanation:
The statement posed by the student is true: when a company is following the proportionality principle in its policy creation, it is ensuring that security levels, costs, practices, and procedures are proportionate to the degree of reliance on the system and the value of its data. This concept is rooted in the practice of balancing the cost of security measures with the potential risk and impact of a security breach. For instance, in cases where data is essential and irreplaceable, a higher risk value is assigned, and more stringent security protections may be justified. Conversely, data with minimal risk if exposed may warrant less extensive security.
Organizations often face the challenge of determining what level of reliability and security is needed for their IT systems. This is particularly true for critical services like airlines or healthcare systems, where IT breakdowns can have severe implications.
Yet, the incorporation of robust security features and protocols often implies higher costs. Therefore, companies perform a cost/benefit analysis to determine the most appropriate level of investment in security technologies, weighing potential losses against the cost of implementation.
Businesses must consider the value of their systems to both the company and its clients. Moreover, industries are frequently subject to compliance measures that dictate the necessary security standards. Ultimately, the cost of security must be weighed carefully against the risks, data value, and compliance requirements to ensure that businesses follow the proportionality principle effectively.
A note to the financial statements of the First Security Bank indicates that the company self insures itself for the first $500,000 of liability to employees, with liability insurance for the remainder. Based upon this, one would expect the auditors' report to express:_________.
Answer:
A standard unmodified opinion.
Explanation:
When a note to the financial statements of the First Security Bank indicates that the company self insures itself for the first $500,000 of liability to employees, with liability insurance for the remainder. Based upon this, one would expect the auditors' report to express a standard unmodified opinion.
A standard unmodified opinion is an opinion where financial statements are presented free of any misinterpretation, in all material respects, in accordance with standards known as Generally Accepted Accounting Principles (GAAP) to provide a high level of assurance.
The standard unmodified opinion comprises of report title, audit report address, introduction paragraph, managements responsibility, auditor's responsibility, opinion paragraph, audit report date and signature and address of certified public accountant firm.
Answer: a standard unmodified opinion
Explanation: Based on the above scenario the author's report is expected to express "a standard unmodified opinion ".
Financial statement is a record of the financial activities or position of a business. It is an official or a formal record.
A standard unmodified opinion is an opinion that is accepted by most people and unaltered.
Arturo Alvarez's charge account shows an unpaid balance of $6,255. The monthly finance charge is 1.5 percent of unpaid balance. What is the total finance charge?
Answer:
$93.825
Explanation:
The computation of the total finance charge is shown below:
= Unpaid balance of the charge account × monthly finance charge percentage
= $6,255 × 1.5%
= $93.825
By multiplying the unpaid balance with the monthly finance charge percentage we can get the total finance charge and the same is shown above i.e on the calculation part
On January 1, a machine with a useful life of 4 years and a residual value of $512000 was purchased for $480000. What is the depreciation expense for year 2 under the double-declining-balance method of depreciation? $240000. $180000. $90000. $120000.
Answer:
$120,000
Explanation:
The computation of the double-declining-balance method of depreciation is shown below:-
Depreciation rate
= One ÷ Useful life
= 1 ÷ 4
= 25%
The rate is double So, 50%
In year 1, the original cost is $480,000, so the depreciation is $240,000 after applying the 50% depreciation rate
And, in year 2, the $240,000 × 50% = $120,000
Which of the following is an example of a positive, as opposed to normative, statement? a. The federal government should decrease coverage of unemployment benefits to stimulate the economy out of the recession. b. Congress should agree on lower government spending for the next fiscal year. c. The Federal Reserve Bank should increase interest rates in response to the higher-than-expected inflation in the economy. d. The unemployment rate last year was lower than any other year in the last century.
A positive statement is based on facts or objective analysis, while a normative statement expresses an opinion or value judgment.
Explanation:A positive statement refers to a statement based on facts or objective analysis, while a normative statement expresses an opinion or value judgment.
Out of the options given, option 'd' is an example of a positive statement. It states a fact about the unemployment rate last year being lower than any other year in the last century. This statement can be objectively evaluated and verified.
In contrast, options 'a', 'b', and 'c' are normative statements as they express opinions or value judgments about what should be done.
Learn more about Positive vs Normative Statements here:https://brainly.com/question/33515539
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The process of attracting individuals on a timely basis, in sufficient numbers, and with appropriate qualifications, to apply for jobs with an organization is referred to as ________. HR planning recruitment appraisal selection
Answer:
recruitment is the correct answer.
Explanation:
Recruitment is a process of hiring and selecting the right and qualified person for a vacant position.The recruitment process involves selecting a required candidate, sourcing attracting, investigating the job qualifications, screening, analyzing the application, strategy development, evaluation and shortlisting.The advantages of the Recruitment process are increased applicant quality, increase manager satisfaction and improve employment name.Final answer:
The process of attracting individuals on a timely basis, in sufficient numbers, and with appropriate qualifications, to apply for jobs with an organization is referred to as recruitment.
Explanation:
The process of attracting individuals on a timely basis, in sufficient numbers, and with appropriate qualifications, to apply for jobs with an organization is referred to as recruitment. Recruitment is an important part of the HR planning process as organizations need to ensure they have a pool of qualified candidates to choose from when filling job openings. This process may involve advertising job positions, collecting and reviewing résumés, conducting interviews, and selecting the best candidate for the job.
Presented below is information related to Splish Company. Cost Retail Beginning inventory $318,504 $279,000 Purchases 1,363,000 2,117,000 Markups 93,200 Markup cancellations 16,400 Markdowns 38,300 Markdown cancellations 5,500 Sales revenue 2,158,000 Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using conventional retail inventory method $
Answer:
$191,760
Explanation:
For determining the ending inventory using the conventional retail inventory method we need to do following computations which are given below:
As per cost method
Goods available for sale:
= Beginning inventory + Net Purchase for the year
= $318,504 + $1,363,000
= $1,681,504
Under Retail method
Goods available for sale:
= Beginning inventory + Net Purchases for the year + net markups - net markdown
= $279,000 + $2,117,000 + $76,800 - $32,800
= $2,440,000
Now
Cost to retail ratio is
= $1,792,000 ÷ $279,000 + $2,117,000 + $76,800
= 0.68
And, Estimated ending inventory as per retail
= Goods available for sale at Retail - Net sales
= $2,440,000 - $2,158,000
= $282,000
Therefore, Estimated ending inventory as per cost is
= Estimated ending inventory at retail × Cost to retail ratio
= $282,000 × 0.68
= $191,760