Use the following information to determine Total Stockholders' Equity:Total Assets $ 45,000 Total Liabilities 18,000 Total Stockholders' Equity x Total Retained Earnings 5,000

Answers

Answer 1

Answer:

The total stockholder equity value is $27,000

Explanation:

By using the accounting equation which is shown below, we can compute the value of total stockholder equity

Accounting Equation:

Total Assets = Total Liabilities + Total Equity

where,

total assets = $45,000

total liabilities = $18,000

So, total equity = $27,000 which includes retained earnings of $5,000

By using these 3 terms, we get to know the profitability, performance of the company.

Hence, the total stockholder equity value is $27,000


Related Questions

Use the following information to calculate the change in the​ company's cash balance for the year. Credit Sales ​$800,000 Cash Sales ​$500,000 Operating Expenses on Credit ​$200,000 Cash Operating Expenses ​$700,000 Accounts Receivable​ (Beg. of​ Year) ​$50,000 Accounts Receivable​ (End of​ Year) ​$80,000 Accounts Payable​ (Beg. of​ Year) ​$50,000 Accounts Payable​ (End of​ Year) ​$100,000 Income Taxes Paid ​$160,000

Answers

Answer:

Cash generated from operating activities 460,000

Explanation:

Cash Sales                          500,000

Credit sales collection

beginning AR 50,000

+ 800,000 credit sales

- ending AR 80,000 =         770,000

payment to providers

Accounts Payable beginning 50,000

+ Operating expenses credit 700,000

- Accounts Payable ending 100,000=     (650,000)

taxes paid                                                  (160,000)

Cash generated from operating activities 460,000

A condensed income statement by product line for British Beverage Inc. indicated the following for King Cola for the past year: Sales $235,100 Cost of goods sold (110,000) Gross profit $125,100 Operating expenses (142,000) Operating loss $(16,900) It is estimated that 12% of the cost of goods sold represents fixed factory overhead costs and that 21% of the operating expenses are fixed. Since King Cola is only one of many products, the fixed costs will not be significantly affected if the product is discontinued. Prepare a differential analysis report for the proposed discontinuance of King Cola.

Answers

Answer:

Provided total expenses

Cost of goods sold = $110,000

Variable + Fixed

Provided 12% is fixed = $110,000 X 12% = $13,200

Variable = $110,000 - $13,200 = $96,800

Now in Operating Expenses

Total = $142,000

Fixed = $142,000 X 21% = $29,820

Variable = $142,000 - $29,820 = $112,180

Now if the product King Cola is discontinued then

All the variable cost can be avoided

In that case Net loss will be of Fixed cost

Total fixed cost = $13,200 +$29,820 = $43,020

Whereas current operating loss = $16,900

Now if the input and labor used for King Cola can be allocated to some other beneficial product which can further meet at least $43,020 - $16,900 = $26,120 profit from these additional inputs.

Else the company shall operate on king Cola as in case of operating with the same the loss is only of $16,900 whereas in case of non operation loss = $43,020

A stock is expected to pay a dividend of $3.00 at the end of the year (i.e., D1 = $3.00), and it should continue to grow at a constant rate of 10% a year. If its required return is 14%, what is the stock's expected price 5 years from today? Do not round intermediate calculations. Round your answer to the nearest cent.

Answers

Answer:

$120.79

Explanation:

Using dividend growth model, we have

P0 = [tex]\frac{D1}{Ke - g}[/tex]

P0 = Current market price

D1 = Dividend at the end of year 1

Ke = Required rate of return

g = growth rate

Now in the given case, Ke is constant @ 14%

g is also constant @ 10%

For price at the end of 5 years = P5

We need to calculate D6

D6 = (((((D1 +g) + g) + g) + g) + g)

= (((((3 +10%) +10%) + 10%) +10%) +10%)

= 4.83153

Therefore Expected price at the end of 5 years = [tex]\frac{4.83153}{0.14-0.10}[/tex]

= $120.79

Consider the following data from a company annual report: which of the following is inventory turnover? Sales: $1,200,000 Cost of Goods Sold: $60,000 Raw Materials Inventory: $80,000 Finished Goods Inventory: $20,000 Work-in-Process: $20,000

Answers

Answer:

The inventory turnover is 0.5

Explanation:

Inventory turnover ratio or stock turnover ratio is ratio which tells about how much of inventory company has sold and how much of it is left. This ratio helps management in making right decisions regarding pricing and marketing strategy, manufacturing etc.

FORMULA FOR CALCULATING INVENTORY TURNOVER RATIO =

[tex]\frac{COST OF GOODS SOLD}{AVERAGE INVENTORY}[/tex]

Here we will take cost of goods sold not sales because by taking cost of goods sold we will get better accuracy , as sales will include a mark up over cost.

Average inventory will include raw material inventory, finished goods and work in progress

[tex]\frac{\$60000}{\$80000+\$20000+\$20000}= .5[/tex]

Therefore the average turnover ratio is 0.5

T/F: The theory of purchasing-power parity states that a unit of a country's currency should be able to buy the same quantity of goods in foreign countries as it does domestically.

Answers

Answer: The statement is  TRUE.

Explanation: The theory of purchasing-power parity is an economic theory that tries to calculate the exchange rate between the currencies of two countries necessary so that the same basket of goods and services can be purchased in the currency of each one, that is, so that the purchasing power (or purchasing power) ) of both currencies is equivalent.

4. A manufacturer of microwaves has discovered that male shoppers, on average, have lower values for microwave ovens than female shoppers. Additionally, male shoppers attribute almost no extra value to an auto-defrost feature, while female shoppers, on average, value the auto-defrost feature. There is little additional cost to incorporating an auto-defrost feature. The manufacturer is considering introducing two different models. The manufacturer has determined that men value a simple microwave at $70 and one with auto-defrost at $80, while women value a simple microwave at $80 and one with auto-defrost at $150. If there is an equal number of men and women, what pricing strategy will yield the greatest revenue? What if women comprise the bulk of microwave shoppers?

Answers

Final answer:

The price increase of refrigerators by only $50 despite $100 external costs is due to consumer surplus.

Explanation:

The increase in the market price of refrigerators by only $50, even though the external costs of pollution were $100, can be attributed to the concept of consumer surplus. Consumer surplus refers to the difference between what consumers are willing to pay for a product and the actual price they pay. In this case, even though the external costs pushed up the production cost, the market price increased by a lesser amount due to the willingness of consumers to pay higher prices for refrigerators.

Enviro Company issues 8%, 10-year bonds with a par value of $250,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 5%, which implies a selling price of 123 ⅜. The straight-line method is used to allocate interest expense. 1.Using the implied selling price of 123 ⅜, what are the issuer's cash proceeds from issuance of these bonds. 2.What total amount of bond interest expense will be recognized over the life of these bonds? 3.What is the amount of bond interest expense recorded on the first interest payment date?

Answers

Final answer:

The issuer's cash proceeds from issuing the bonds would be $308,437.50. The total bond interest expense recognized over the life of the bonds would be $141,562.50, and the bond interest expense recorded on the first interest payment date would be $7,078.12.

Explanation:

1. To find the issuer's cash proceeds from issuance of these bonds, we multiply the par value by the selling price. A selling price of 123 ⅜ means 123.375 in decimal format, which is equivalent to a selling price of 123.375% of the par value. So, $250,000 x 1.23375 = $308,437.50, which would be the cash proceeds from the bond issuance.

2. The total bond interest expense over its life will consist of the bond interest payments plus the bond discount or less the bond premium. In this case, bond interest payments are made semiannually with an 8% interest rate, so each payment is $250,000 x 0.08/2 = $10,000. Across the 10-year life of the bond, that’s 20 payments, so $10,000 x 20 = $200,000. A bond premium is the extra cash proceeds from selling the bond over its par value, which in this case is $308,437.50 - $250,000 = $58,437.50. So, the total bond interest expense will be $200,000 - $58,437.50 = $141,562.50.

3. Bond interest expense under the straight-line method is found by taking the bond premium of $58,437.50 and spreading it evenly over the 20 interest payment periods. This would mean $58,437.50 / 20 = $2,921.88 in bond premium expense per period. Subtract this from the cash interest payments of $10,000 per period to find the interest expense recognized every half year, $10,000 - $2,921.88 = $7,078.12 for the first interest payment date.

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Stazia Inc is a software company that intends to collaborate with Softron Inc, another multinational company. Steve, the chief executive officer of Stazia, decides to discuss the company's objectives with Jared, the chief executive officer of Softron. Steve seeks to obtain information about the services Softron offers and the quality process it follows. Steve intends to gather maximum information from this discussion including nonverbal cues. In this scenario, which of the following channels of communication should Steve use? A) An email message B) A telephone conversation C) A face-to-face meeting D) A voice mail

Answers

Answer: option C

Explanation: A face to face interaction between the concerned parties will be the best alternative in this case as Steve wants to have maximum information and also non verbal clues. In Email message and voice mail there might be a lack of information as the transmission and transfer of messages will be slow and also there will be no nonverbal clues. In case of telephone conversation the information transmission will be fast but the problem regarding non verbal clues will still be there, hence, face to face conversation is the best alternative.

The correct answer is C. A face-to-face meeting

Explanation:

A face-to-face meeting is one of the most common communication forms used in business, this implies participants meet in the same space and at the same time and therefore interaction occurs directly. This type of interaction is more beneficial than email messages, telephone conversation or voice mails in terms of understanding both the verbal and non-verbal information.

Indeed, only in a face-to-face meeting, you can see the gestures, movements, and position of the other person which often reveals more than his/her words. Due to this, Steve should use a face-to-face meeting because this channel would allow him to gather more information than other channels as it is the only one that would allow him to understand nonverbal cues.

After Jeff Bezos read about how the Internet was growing by 2,000 percent a month, he set out to use the Internet as a new distribution channel and founded Amazon, which is now the world's largest online retailer. This is clearly an example of a(n)A. firm that uses closed innovation. B. entrepreneur who commercialized invention into an innovation. C. business that entered the industry during its maturity stage. D. exception to the long tail business model

Answers

Answer:

B. entrepreneur who commercialized invention into an innovation

Explanation:

A- there wasn't any firm before

C- the business was growing not at maturity state

D.- his business is a distribution channel it is not relater to find niche markets

B.- He use an invention The Internet  to innovate in the ways product are distribute and comercialized. It made an innovation(it didn't exist before) out of the invention

Transactions for Buyer and Seller Shore Co. sold merchandise to Blue Star Co. on account, $110,500, terms FOB shipping point, 2/10, n/30. The cost of the goods sold is $66,300. Shore paid freight of $1,900. Journalize Shore Co.'s entry for the sale, purchase, and payment of amount due.

Answers

Answer:

account receivable debit 110,500

sales revenue credit 110,500

freight-out debit 1,900

cash credit 1,900

COGS debit 66,300

inventory credit 66,300

Explanation:

the sales will be recorded as nominal, because there is no information about the customer taking the discount or paying within this period.

Because term are FOB shipping point, the freight corespond to shore Co

You are considering a 10-year, $1,000 par value bond. Its coupon rate is 8%, and interest is paid semiannually. If you require an “effective” annual interest rate (not a nominal rate) of 7.1225%, how much should you be willing to pay for the bond?

Answers

Final answer:

To calculate how much you should pay for a bond, you should calculate the present value of the bond's cash flows, including semiannual coupon payments and the face value payment at the end of the bond's term, using your desired rate of return as your discounting factor.

Explanation:

Firstly, we need to understand the components of a bond. A bond is essentially an IOU note that a capital provider buys, and then at the maturity date, that amount (also known as the face value of the bond) is repaid to the investor along with the final interest repayment. The bond has a coupon rate or interest rate which is generally paid semiannually.

In order to calculate the amount one should be willing to pay for the bond given an effective annual rate, we need to calculate the present value (PV) of the bond. PV is based on the principle that a dollar you have now is worth more than the promise or expectation that you will receive a dollar in the future. In simpler terms, money you have now could be invested in a way that will earn interest and grow over time, therefore the same amount of money promised or expected in the future is worth less to you today.

The bond pays semiannual coupons, which means you receive interest twice a year and it has a 10-year period, so it equals to 20 periods. The coupon payment per period will be $1,000 * 8% / 2 = $40. At the end of the 10th year, you will receive the last coupon payment (40) plus the face value of the bond (1000).

We discount these cash flows back to present with the desired annual rate of return. Since cash flows are semiannually, we would use half the rate. We then add together these PVs to get the PV of the bond, which is the amount you should be willing to pay for this bond.

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Cabell Products is a division of a major corporation. Last year the division had total sales of $25,540,000, net operating income of $1,277,000, and average operating assets of $7,151,200. The company's minimum required rate of return is 16%. The division's return on investment (ROI) is closest to:

Answers

Answer:

The divisions return on investment would be close to 17.86%

Explanation:

Return on investment is a very useful financial ratio which is used to take out how much of the benefit or profit , an investor would get in relation to the investment made by them.

FORMULA FOR CALCULATING RETURN ON INVESTMENT =

\frac{NET \: OPERATING \: INCOME}{TOTAL \: OPERATING \: ASSETS}

given - operating income = $1277,000

           total operating assets = $7151,200

= \frac{\$ 1,277,000}{\$ 7,151,200} \times 100

= 17.857%

= 17.86% ( APPROXIMATELY )

Top Company holds 90 percent of Bottom Company’s common stock. In the current year, Top reports sales of $1,010,000 and cost of goods sold of $757,500. For this same period, Bottom has sales of $510,000 and cost of goods sold of $310,000. During the current year, Top sold merchandise to Bottom for $310,000. The subsidiary still possesses 40 percent of this inventory at the current year-end. Top had established the transfer price based on its normal gross profit rate. What are the consolidated sales and cost of goods sold?

Answers

Answer:

Sales Consolidated                     $1,159,000

COGS consolidated                    $804,000

Explanation:

The company will need to remove their sales between affiliates, because the goal for the consolidate statment is to represent the group performance with external entities

Sales Top                                       $1,010,000

-sales between afilliates        -$310,000

90% Bottom                                 $459,000

Sales Consolidated                     $1,159,000

COGS top                                     $757,500

-COGS sales between afiliated  -$232500 (cross multiply)

90% Bottom                                 $279,000

COGS consolidated                    $804,000

cross multiply:

1,010,000 generates 757,500 of COGS

310,000 generates   310,000x757,500/1,010,000 = 232,500 COGS

 Jim is beginning his research on franchise businesses in order to find one that meets his needs. A quick, easy way to get general information is to 

      A. ask a local franchise owner.  B. check the Yellow Pages.  C. look up Internet sites.  D. call the corporate headquarters 17.​

Answers

Answer:

Jim is beginning his research on franchise businesses in order to find one that meets his needs. A quick, easy way to get general information is to look up Internet sites - C.

Answer:

The correct answer is letter "C": look up Internet sites.

Explanation:

The internet offers diverse information about different topics at an incredibly fast speed. In recent years, many web pages allow random users to rate or give comments on certain topics, individuals or institutions so others can have a general idea of what they could deal with.

In that case, if Jim is looking for franchise businesses, it is not a bad idea to made research on the internet but he will need to dive into some of the information he finds to obtain a consistent idea of them.

From the ledger balances given below, prepare a trial balance for the Metlock, Inc. at June 30, 2019. All account balances are normal.

Accounts Payable $8,700, Cash $6,400, Common Stock $21,200, Dividends $2,500, Equipment $16,500, Service Revenue $7,700, Accounts Receivable $4,700, Salaries and Wages Expense $4,800, and Rent Expense $2,700.

Answers

Answer:

[tex]\left[\begin{array}{ccc}Account&DEBIT&CREDIT\\Cash&6,400&-\\Account\: Receivable&4,700&-\\Equipment&16,500&-\\Account \: Payble&-&8,700\\Common \: Stock&-&21,200\\Dividends&2,500&-\\Serice \: Revenue&-&7,700\\S/W \: expense&4,800&-\\Rent \: expense&2,700&-\\Total&37,600&3,7600\\\end{array}\right][/tex]

Explanation:

Cash assets --> debit balance

AR assets --> debit balance

equipment assets --> debit balance

Account payable liability --> credit balance

CS equity --> credit balance

dvidends --> debit balance

revenue --> credit balance

expenses --> debit balance

A firm that is first to the market with a new product frequently discovers that there are design flaws or problems with the product that were not anticipated. For​ example, the ballpoint pens made by the Reynolds International Pen Company often leaked. What effect do these problems have on the innovating​ firm, and how do these unexpected problems open up possibilities for other firms to enter the​ market?

Answers

Answer: The sales and image of the innovating firm might decline in the market.

Explanation: As only the innovating firm will have the option to sell the product in the market, customers will judge the whole firm on the basis of that product, the overall research done by the innovating firm will result in loss of money and time. On the other hand other firms can use the research done by the innovating firm and can analyze the problem that sustains in the model and just by correcting the flaws detected they will be able to capture a substantial amount of market share in a very small span of time.

Adjusting entries are made to ensure that?-expenses are recognized in the period in which they are incurred.-revenues are recorded in the period in which the performance obligation is satisfied.-All of these choices are correct.-None of the choices are correct.-balance sheet and income statement accounts have correct balances at the end of anaccounting period.e

Answers

Answer:

The correct option is all of these choices are correct.

Explanation:

Adjusting Entries: The adjusting entries are those entries which are adjusted at the end of the year.

According to the statements given in the question:

1. Whenever expenses are incurred, it is recognized in the financial statements on that year itself. Moreover, the adjustment entries is also made.

Thus, the given statement is true

2. Under revenue recognition principle, the revenue is recorded when products are supplied and services are rendered to the customers or the performance obligation is completed. Rather than payment is received or not.

Thus, it is a part of adjustment entries

3. If all the correct entries are passed and the income statement and the balance sheet are matched. Or we can say

Assets = Owner's Equity + Liabilities

So, it would be a part of adjusting entries.

When all choices are correct. So, none of the choices are correct option is invalid.

Hence, The correct option is all of these choices are correct.

Final answer:

Adjusting entries ensure expenses and revenues are recorded in their appropriate periods and that financial statement accounts are accurate, which aligns with accrual accounting principles necessary for reliable financial reporting and budgeting.

Explanation:

Adjusting entries are made to ensure that expenses are recognized in the period in which they are incurred, revenues are recorded in the period in which the performance obligation is satisfied, and balance sheet and income statement accounts have correct balances at the end of an accounting period.

All of these choices are correct because they are integral to the accrual basis of accounting, which matches income and expenses to the period they pertain to. This is essential for producing accurate financial statements and for effective budgeting, ensuring that a company or individual has adequate funds to cover their expenses.

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C Co. reported a retained earnings balance of $320,000 at December 31, 2017. In September 2018, C determined that insurance premiums of $69,000 for the three-year period beginning January 1, 2017, had been paid and fully expensed in 2017. C has a 35% income tax rate. What amount should C report as adjusted beginning retained earnings in its 2018 statement of retained earnings?

Answers

Answer:

C should report $349,900 as the adjusted beginning retained earnings in its 2018 statement of retained earnings.

Explanation:

We are given the retained earnings for 2017 as $320,000, and in September of 2018 C realized that the insurance premium of $69,000 which had been paid on 1 January , 2017 was for 3 years , which means 2/3 of $69,000 was not for the year 2017 and it is now prepaid .

 Amount prepaid = 2/3 x $69,000

                              = $46,000

But it is given that the income tax rate is 35% , so of $46,000 C will adjust or add only 65% of 46,000 in he earnings because 35% would be deducted,

= $46,000 - $46,000 x 35%

= $46,000 - $16,100

= $29,900

So we will add this amount with the $320,000,

therefore adjusted beginning retained earnings would be $349,900.

Robinson Company purchased Franklin Company at a price of $3,830,000. The fair market value of the net assets purchased equals $2,790,000. 1. What is the amount of goodwill that Robinson records at the purchase date? 2. Does Robinson amortize goodwill at year-end? 3. Robinson believes that its employees provide superior customer service, and through their efforts, Robinson believes it has created $1,420,000 of goodwill. Should Robinson Company record this goodwill?

Answers

Answer:

Goodwill 1,040,000

2.- It will need to be amortized at year-end

3.- Goodwill can only be created through third parties operations, Robinson cannot increase his own goodwill. A third party must be willing to pay that amount

Explanation:

3,830,000 -  2,790,000 = difference 1,040,000

The efficiency-wage theory of worker turnover suggests that firms with higher turnover will have A. higher production costs and higher profits. B. lower production costs and higher profits. C. higher production costs and lower profits. D. lower production costs and lower profits.

Answers

Answer:

I believe the correct answer is C: higher production cost and lower profits

Explanation:

High turnover is directly connected with low efficiency, due to costly and time consuming worker on-boarding and training which translates into deterioration of margin (lower profits).

Answer:

The correct answer would be option A, Higher Production Costs and Higher Profits.

Explanation:

The Efficiency Wage theory of worker turnover states that if employee are paid more wages than the equilibrium level, the level of employee's efficiency increases which in turn will increase the productivity of the organization and thus contribute in the increase of profitability for the organization, and vice versa. It is commonly known that when wages increase, the production costs also increase. So this theory suggests that firms with higher turnover will have higher production costs and higher profits.

James and Amanda are brother and sister who still live at home with their parents. Amanda is almost completely finished with her classes and is scheduled to graduate in a few months while James has only completed three courses. Amanda allows James to use her work from all of her past classes and to turn them in as his own. This is, a. not plagiarism because James and Amanda are related. b. a type of plagiarism called sharing work (collusion). c. a type of plagiarism called fabrication. d. not plagiarism because the tuition for both James and Amanda is paid by their parents so they can use the answers.

Answers

Answer:

The correct option is b) a type of plagiarism called sharing work ( collusion)

Explanation:

Plagiarism is a very unethical and unprofessional thing a person can do. It actually means when take some other persons thought, idea ,or any work and show it as your own, sometimes people do it intentionally and unintentionally.

In the question given above, it is the above it is a case of share working which is also know as collusion, this type of situation arises when a person passes on his or her work to other person willingly, as you can see the same thing has happened in this question as Amanda has allowed James to use her work as her own.

The following selected information is from Princeton Company’s comparative balance sheets. At December 31 2017 2016 Common stock, $10 par value $ 120,000 $ 110,000 Paid-in capital in excess of par 577,000 347,000 Retained earnings 323,500 297,500 The company’s net income for the year ended December 31, 2017, was $53,000. 1. Complete the T-accounts to calculate the cash received from the sale of its common stock during 2017.

Answers

Answer:

cash 240,000 debit

common stock 10,000 credit

additional paid-in 230,000 credit

Explanation:

Common stock 2017 - Common stock 2016 = Δ2017

additional paid-in 2017 - additional paid-in 2016 = Δ2017

120,000 - 110,000 = 10,000

577,000 - 347,000 = 230,000

Total increase 240,000

The cash received from the sale of common stock during 2017 is calculated by the increase in common stock ($10,000) and the increase in paid-in capital in excess of par ($230,000), totaling $240,000.

To calculate the cash received from the sale of common stock during 2017, we need to analyze the changes in the common stock account. The comparison of the common stock values between 2016 and 2017 shows an increase from $110,000 to $120,000, which means the company issued more stock. However, the paid-in capital in excess of par also increased from $347,000 to $577,000. We can calculate the total cash received by summing the increase in common stock and the increase in paid-in capital in excess of par.

The increase in common stock is $120,000 - $110,000 = $10,000.

The increase in paid-in capital in excess of par is $577,000 - $347,000 = $230,000.

Therefore, the cash received from the sale of common stock is $10,000 + $230,000 = $240,000 in 2017.

You are the manager of the packaging department in a cookie factory. (Obviously, the packaging employees cannot eat the cookies that are transferred in during the period.) After your employees insert cookies into colorful packages (step 1) for display on store shelves, the packages of cookies are then boxed using cardboard cartons (step 2) for shipment to stores. Each unit of product is represented by a carton of packaged cookies. The packaging department began the period with 1,000 units of cookies. During the period, 5,000 units of cookies were transferred in from the baking department and 5,500 units of cookies were transferred out to the finished goods department. The number of units of cookies in the ending inventory of the packaging department equals:

Answers

Explanation:

Cookies are transferred to the colorful packaging to be displayed on the shelves of the stores. These packaged cookies are transferred in the carton to be delivered at the stores.

Now the data given in this question is as follows:

Staring Units of cookies in the packaging department = 1000 units

New units of cookies transferred in from the baking department to the packaging department = 5000 units.

Now total units that packaging department have = 1000 + 5000 = 6000 units of cookies.

Total unit of cookies transferred out to the finished goods department = 5500 units of cookies.

So the number of units of cookies in the ending inventory of the packing department will be the total units in the packaging department less the total units transferred out to the finished goods department, i-e

6000 - 5500 = 500 units of cookies remaining in the packaging department.

Difference between a will and a living trust

Answers

Answer:

A will gets into effect after a person dies. trust gets into effect as soon as it is created. The will covers all the property under the individual's name. Trust covers property which has been transferred in the name of the trust.

Explanation:

A will directs who will receive his property after an individual's death. It also appoints a representative to carry out the wishes of the deceased. A trust on the other hand can divide the property before, after or at death.

A will is a document through which a person expresses his wishes about how his property is to be distributed, it can also contain details regarding funeral.

A trust is an arrangement through which property of an individual is held by other individuals or institution.

A marketing specialist needed to find a new way of marketing the company's main product to its potential clients. While watching a movie one evening, the marketing specialist saw a scene that gave her inspiration for a new marketing plan. According to the creative process model, which of the following is the next stage in the creative process after such an inspiration?
a. preparation
b. incubation
c. verification
d. insight
e. morphological analysis

Answers

Answer:

The correct answer is c) verification

Explanation:

This creative process model is a situation where a person starts the process of transforming his or her ideas or thoughts in to an actual product.

There are many steps in the process of creative process model, first one being the preparation where a person first identifies the problem , set his or her targets or goals.

After preparation comes the step of incubation where a person starts researching on the ideas, person will do brainstorming , he or she will continuously try to find out the solution.

After incubation comes the step of illumination , where a person gets an epiphany ( just like in this question marketing specialist gets) about how to structure together his or her plan.

And finally after illumination step comes the step of verification , where a person(marketing specialist in this case) evaluates whether the plan he has made is worth continuing and investing time in, he would changes to his plan if necessary.

the answer is d. insight

Because through insight, someone will get an idea of ​​what he knows beforehand. Therefore, a marketing specialist must have extensive insight in order to be able to provide interesting ideas for future business development.

Further Explanation

Growing a business is like traveling. So that the trip was not felt, we just enjoy the process of the trip to get to the destination.

Development Stage

At this stage, you just find ideas and initial business concepts. To be able to mature this stage, every businessman must at least conceptualize a business that can answer the following questions:

Does this idea/concept answer the problems and needs in the market? Will this idea/concept be accepted in the market? What is the business structure needed to support this idea/concept? Will this idea/concept benefit me?

The point is to make sure that the ideas/concepts that you have thought of are really needed by the market, are able to be realized by you, and also have a clear monetization (ability to make a profit).

Start-up Stage

At this stage, business is in a critical period. All kinds of stress, anxiety, and uncertainty come together at this stage.

At this stage, you are usually still in the "groping" period and are still trying to validate your ideas/concepts. Not infrequently the cost will be far greater than the budget. Broadly speaking, challenges in this stage include:

Proving that our ideas/concepts can really bring us to profit Fund Raising or seeking funding Recruit staff and fill the role vacancy in the organization Manage sales expectations and manage cash reserves Build markets, brands, and customer bases

Growth Stage

Challenges that business people usually have at this stage include:

How to "welcome" revenue and customers who are always growing Manage company operations to be effective and efficient How to win market competition How to increase profit volume

Expansion Stage

Some challenges in this stage include:

Increased competition in the market Thinking about how to acquire competitors How to achieve vertical integration from the production side

Maturity Stage

At this stage, business is "mature" so that all kinds of forms of growth that were sensational at the growth stage and expansion stage no longer exist. At the maturity stage, business growth tends to be slow but full of stability.

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Business insight https://brainly.com/question/12958170

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Grade: College

Subject: Business

Keywords: insight, growth, business

What is joint tenancy?

Answers

Answer:

Explanation:

Joint tenancy is a lawful course of action in which at least two individuals possess a property together, each with equivalent rights and commitments. When one of the proprietors in a joint tenure dies, that proprietor's interest in the property goes to the survivors without the property experiencing the courts.

Kent Enterprises purchased a truck for $60,000 on January 1 of its first year. The company uses the units-of-activity method and it estimates that the truck’s useful life will be 100,000 miles. The truck will have an estimated salvage value of $10,000. The company drives the truck 25,000 miles in the first year and drives it 20,000 miles in the second year. How much accumulated depreciation will be reported on the company’s balance sheet as of the end of the second year?

Answers

Answer:

Accumulated depreciation on car at the end of year 2 will be 22,500

Explanation:

The unit-of use Method recognize depreciation base on the use of a cost driver. This cost driver could be miles, number of units produced, or others.

[tex]\frac{Adquisition \: Value- \: Salvage \: Value}{cost \: driver}= Depreciation \: rate[/tex]

(60,000-10.000)/100,000 = .5 rate per mile

acumulated depreciation at year 2

[tex](year 1 + year 2) \times \: rate = \: accumulated \: depreciation[/tex]

25,000 + 20,000= 45,000 total miles driven

45,000 * 0.5 = 22,500

Bunny Bread Company manufactures different types of bread and accounts for its production using an ABC costing system. It has a 5,000-square-foot factory space that it rents for $2,500 a month for all its manufacturing activities. Bunny Bread has identified its activities as follows: preparation and setup, kneading, baking, packaging, and quality control. Two thousand five hundred (2,500) square feet of the factory are used for kneading, while 750 square feet (each) are used for preparation and setup and quality control. Baking and packaging use 500 square feet each. When assigning indirect costs to each activity, how much factory rent should be assigned to the preparation and setup cost pool?

Answers

Answer:

Area occupied by Preparation and setup cost = $375

Explanation:

Under activity based costing, cost is allocated based on each level of activity.

Provided monthly rent = $2,500 for 5,000 square feet.

Rate per square feet  = $2,500/5,000 = $0.5 per square feet

Area occupied by Preparation and setup cost = $0.5 X area taken 750 square feet = $375

As this was provided in the information, given in question.

Area occupied by Preparation and setup cost = $375

A project is expected to create operating cash flows of $22,500 a year for three years. The initial cost of the fixed assets is $50,000. These assets will be worthless at the end of the project. An additional $3,000 of net working capital will be required throughout the life of the project. What is the project’s net present value if the required rate of return is 10%?

Answers

Answer:

Net Present Value = $58,188 - $53,000 = $5,188

Explanation:

Net Present Value = Net Cash Inflow - Net Cash Outflow

Computing Net Cash Inflow Discounted @10% PV factor for each year =  [tex]\frac{1}{(1 + r){^n}}[/tex] Where, r = interest rate = 10%, and n = period that is for year 1 = 1 for year 2 = 2 and for year 3 = 3

Year            Cash Inflow           PV Factor        PV

1                    $22,500                0.909              $20,452.5

2                   $22,500                0.826              $18,585

3                   $22,500                0.751                $16,897.5

3                   $3,000                   0.751               $2,253 (Working capital will be realized at end of project)

Net Cash inflow                                                  = $58,188

Net Cash outflow = Cost of fixed asset + Cost of working capital initially incurred

                      = $50,000 +  $3,000 = $53,000

Net Present Value = $58,188 - $53,000 = $5,188

Shimada Products Corporation of Japan is anxious to enter the electronic calculator market. Management believes that in order to be competitive in world markets, the price of the electronic calculator that the company is developing cannot exceed $67. Shimada’s required rate of return is 28% on all investments. An investment of $3,100,000 would be required to purchase the equipment needed to produce the 42,000 calculators that management believes can be sold each year at the $67 price. Required: Compute the target cost of one calculator

Answers

Final answer:

To compute the target cost of the electronic calculator for Shimada Products Corporation, the total investment must be adjusted for the desired rate of return and then divided by the number of units expected to sell. The initial calculation shows that the target cost per calculator ($94.48) exceeds the desired selling price of $67, indicating that adjustments are necessary for Shimada to be competitive.

Explanation:

The student is asking to compute the target cost of a calculator that Shimada Products Corporation is planning to develop. To determine this, we need to consider the total investment, the required rate of return, and the number of units Shimada expects to sell annually. We initiall subtract the total expected return on the investment from the total investment to find out the total allowable cost for all calculators. Then we divide this allowable cost by the number of units to get the target cost per calculator which cannot exceed the set selling price to stay competitive.

Determine the total return on investment by multiplying the initial investment by the required rate of return ($3,100,000 x 0.28 = $868,000).Add this annual return to the initial investment to determine the total amount that needs to be recovered each year ($3,100,000 + $868,000 = $3,968,000).Calculate the target cost per calculator by dividing this amount by the number of calculators expected to be sold each year ($3,968,000 ÷ 42,000 ≈ $94.48).Since the target cost exceeds the desired selling price of $67, Shimada will need to reduce costs or reconsider its price or investment to meet the target cost within the competitive range.
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