Your business has two branch stores. The recent physical inventory reports that the merchandise value for each store is: Store A $454,385, and Store B $586,855. The merchandise book value for each store is: Store A $495,275, and Store B $615,225. What is the dollar amount of shrinkage for each store?

Answers

Answer 1

Answer: Shrinkage for Store A ($40,890), Store B ($28,370)

Given:

Merchandise Value of Stores A and B

A1 $454,385, and  B1 $586,855

Book Value of Stores

A2 $495,275, and  B2 $615,225

Shrinkage refers to the loss of inventory from whatever source.   

Shrinkage for each store is computed as:

Book Value – Merchandise Value

Shrinkage for Store A

A2-A1

495,275-454,385

$40,890

 

Shrinkage for Store B

B2-B1

615,225-586,855

$28,370


Related Questions

On many advanced routers and switches, you can implement qos through bandwidth management, such as __________, where you control the flow of packets into or out of the network according to the type of packet or other rules quislet

Answers

On many advanced routers and switches, you can implement Qos through bandwidth management, such as traffic shaping, where you control the flow of packets into or out of the network according to the type of packet or other rules.

Hope this helps!!

The key question in strategic supply management is: how can first tier suppliers contribute to the buying organization's objectives and strategy? how can supply and the supply chain contribute effectively to organizational objectives and strategy? how can first, second, third- and subsequent tiers of suppliers contribute to the buying organization's objectives and strategy? how can the supply manager develop a network of suppliers around a central customer? how can supply strategy be kept separate from and equal to organizational strategy?

Answers

The key question in strategic supply management is: how can supply and the supply chain contribute effectively to organizational objectives and strategy? Strategic supply management refers to the supply chain strategy and how people within the organization can keep the management focus solely on what is best for the business and their processes. It's important to make sure all organizations are working together to complete objectives. 

An example of an asset is:

Time
Money
A Car
All of the above
Main Menu

Answers

All of the Above are all assets. 

"publicity": 1. is generally less effective than advertising for promoting a really new product. 2. is mass selling that avoids paying media costs. 3. is any paid form of nonpersonal presentation of ideas, goods, or services by an identified sponsor. 4. is more expensive than all other promotion methods. 5. both a and b are true.

Answers

Publicity is mass selling that avoids paying media costs. Publicity is attention give to something or someone from the media. The media will advertise things that are going on, positive or negative, for ratings. When they do this, they are driving attention towards a topic that wasn't asking or paying to have their information on air. Publicity serves as mass selling and advertising that is free to the person or organization gaining it. 

a positive externality arises when a person engages in an activity that has

Answers

A positive externality arises when a person engages in an activity that has a beneficial effect on a bystander who does not pay the person who causes the effect. A positive externality is something that benefits someone who didn't produce or consumer the good. A good way to remember a positive externality is a third party who wasn't initially related to the exchange of a good or service but still benefited from it happening. 

A positive externality arises when a person engages in an activity that has benefits for others who did not choose to incur those benefits. This concept is often discussed in economics and social studies.

For example, consider immunization. When an individual gets vaccinated, they protect not only themselves but also others by reducing the likelihood of disease transmission. This external benefit is not accounted for by the vaccinated person alone, hence representing a positive externality.

Similarly, if a person landscapes their property, the improved aesthetic can increase the property values of neighboring homes, benefiting the entire community. Another example can be seen when a person invests in their education, which can lead to increased productivity and innovation benefiting society as a whole.

These activities create what we call a positive externality, and they highlight the importance of understanding the interconnected nature of individual actions and their broader societal impacts.

A large corporation suffers from the​ principal-agent problem when​ its:
a. shareholders sacrifice ​long-term growth for​ short-term profits.
b. board of directors ties the salaries of management exclusively to the profits of the firm.
c. stock shareholders sell firm assets to increase dividend payments.
d. management does not own a large share of firm stock and pursues its own interests rather than those of shareholders.
e. chief executive officer runs the​ day-to-day operations of the corporation while simultaneously sitting on the board of directors.

Answers

The correct answer is d. management does not own a large share of firm stock and pursues its own interests rather than those of shareholders.When management pursues its own interests, there is a conflict with the interest of the shareholders who hired the management in the first place.

Answer:

The correct answer is letter "B": board of directors ties the salaries of management exclusively to the profits of the firm.

Explanation:

Principal-agent problems arise when a principal hires an agent to perform duties that conflict with the agent's best interest. The problem typically occurs when the principal provides incentives to act in the principal's interest but not the agent, generating a conflictive agenda.

In that case, if the boards of directors tie the salaries of management according to the profits of the firm, they will be acting on their own interest but not in the interest of the managers, making option "B" to represent a typical principal-agent problem.

The _____ of a web site is its ability to keep visitors at the site and attract repeat visitors.

Answers

Final answer:

The engagement of a website refers to its ability to keep visitors at the site and attract repeat visitors.

Explanation:

The engagement of a website is its ability to keep visitors at the site and attract repeat visitors. It is important for a website to provide valuable content, an attractive design, and user-friendly features to engage visitors and make them want to return. For example, a website can use interactive elements, such as quizzes or polls, to engage visitors and keep them interested.

The act of buying and selling collectively form a contract. True or False

Answers

Answer:

The given statement is True, The act of buying and selling collectively form a contract.  

Explanation:

It is a general concept that whenever a thing is sold, there must be a buyer to buy it, which means that for every selling product, there will be a buyer. Without the presence of a buyer, nothing can be sold. So commonly the process of selling and buying involves two parties. So when the act of buying and selling takes place, we can say that a contract is formed which tells us the deed between both parties and give information about the buyer as well as the seller. So the act of buying and selling collectively form a contract which tells us that who is selling to whom and what is being sold and at what price with the consent of both parties.

Service utility is rapidly becoming the most important utility for many ________ as they face competition from direct marketing forces, such as the internet and catalogs.

Answers

Service utility is rapidly becoming the most important utility for many retailers as they face competition from direct marketing forces, such as the internet and catalogs. Service is one of the few thing a company can solely control when working with consumers. If products are similar to another companies products and the marketing tactics are similar stand out by providing good service to consumers. Those who provide great customer service are likely to get repeat service and also word of mouth advertising from happy customers. 

What is budgeting time for a presentation?

Answers

In doing a presentation, budgeting ones time is very significant. Budgeting time for a presentation can be the period of preparation or it can be the allotment of time for the presentation itself. During the planning period, of course it is necessary to be ready for the content and visual of the presentation. Plan ahead of time and not just do everything overnight. With regards to the presentation, it depends on the time given to you as a speaker. Just be sure that the body or content of your presentation must be longer compared to the introduction and conclusion. It does not need to be lengthy but it must contain the important details of your topic.  

Answer:

In doing a presentation, budgeting ones time is very significant. Budgeting time for a presentation can be the period of preparation or it can be the allotment of time for the presentation itself. During the planning period, of course it is necessary to be ready for the content and visual of the presentation. Plan ahead of time and not just do everything overnight. With regards to the presentation, it depends on the time given to you as a speaker. Just be sure that the body or content of your presentation must be longer compared to the introduction and conclusion. It does not need to be lengthy but it must contain the important details of your topic.

Explanation:

American express and discover card are examples of open loop systems.
a. True
b. False

Answers

A. True
Btw that's a picture of me.

which best explains what a credit score represents?

Answers

It's an indication of how promptly you pay off your debts.

The digby company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. the expected salvage value at the end of 15 years is $4,090,000. what will the book value of this purchase (exclude all other plant and equipment) be after its third year of use

Answers

Using line depreciation method,
Depreciable cost = Cost - Salvage value = $40,900,000- $4,090,000 = $36,810,000

Depreciation per year = Depreciable cost/life = 36,810,000/15 = $2,454,000

After third year of use,

Depreciation expenses = $,2,454,000*3 = $7,362,000

Book value = cost - depreciation expenses = 40,900,000 - 7,363,000 = $33,538,000
Final answer:

The book value of the plant and equipment after its third year of use would be $33,538,000. This is obtained by subtracting the accumulated depreciation over three years (calculated using the straight-line method) from the initial cost of the asset.

Explanation:

To find the book value of the plant and equipment after its third year of use, you would need to use the straight-line method of depreciation. This method allows you to subtract the salvage value from the cost of the asset and then divide the result by the asset's useful life.

First, deduct the salvage value from the initial cost: $40,900,000 - $4,090,000 = $36,810,000. This gives you the total amount that will be depreciated over 15 years. The straight-line depreciation each year would be: $36,810,000 / 15 = $2,454,000. This will be the annual depreciation.

After three years, this accumulates to: $2,454,000 * 3 = $7,362,000, which is the total depreciation for the first three years. Finally, subtract the total depreciation from the initial cost to find the book value after 3 years: $40,900,000 - $7,362,000 = $33,538,000.

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Tax a tax adjustment must be made in determining the cost of

Answers

This isn't even a question

What is the primary danger during the first 3-5 minutes if you are suddenly immersed in cold water?

Answers

The primary danger during the first 3-5 minutes is cold shock and then swim failure.

Cyberterrorism is more efficient and less dangerous than more traditional forms of terrorist activity because:

Answers

Cyberterrorism is more efficient and less dangerous than more traditional forms of terrorist activity because cyberterrorism quickly and quietly can have a huge amount of damage on an economy. Unlike dropping bombs for terrorism, they attack through the internet and can control all online sources and happenings. 

Cyber terrorism is efficient but less dangerous than the traditional forms of terrorist activities because in Cyber Terrorism, internet is used as a mean to conduct violent acts, especially by the governments to threaten the specific person or group of persons to achieve certain goals.

It is efficient because it doesn't need any thing to do the terrorism except internet and through this, the person whom they want to threaten is directly reached without the interference of anyone else.

It is less dangerous because is doesn't always involve the casualties which is the worst form of terrorism. People lives are somewhat secure in this form of terrorism.

The starting point in preparing a master budget is the preparation of the select one:
a. production budget.
b. sales budget.
c. purchasing budget.
d. personnel budget.

Answers

The starting point in preparing a master budget is the preparation sales budget.

What is the sales budget?

This can be referred to as a financial plan that is used to show the revenue made by a business over a period of time.

The sales budget is one of the ways that is used to make plans and also control expenditure in the business.

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In general, buying an individual stock from a mid-sized company is less risky than

Answers

buying a penny stock
Final answer:

The claim that buying individual stock from a mid-sized company is automatically less risky than other investments is not accurate. The level of risk depends on various factors like the company's financial health, the industry it operates in, and the state of the economy. Thorough research and understanding of company details are paramount before making investment decisions.

Explanation:

In general, it isn't accurate to state that buying an individual stock from a mid-sized company is less risky than other investments. All investments come with a certain level of risk due to market volatility, but the risk associated with buying stock specifically in mid-sized companies is often based on a variety of factors. These include the company's financial health, its industry, competitive positioning, and economic factors.

For example, if a mid-sized company operates in a volatile industry or has poor financial health, it can be more risky than buying stocks in a large, well-established company. Likewise, a stable mid-sized company in a growing industry could be less risky than investing in an unstable, large firm. Therefore, it's essential to conduct thorough research and understand the details of the company and its market before making a decision on investment.

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If the tax multiplier is minus1.5 and a​ $200 billion tax increase is​ implemented, what is the change in​ gdp, holding all else​ constant? ​ (you may assume the price level stays​ constant.)
a. a​ $300 billion increase in gdp
b. a​ $300 billion decrease in gdp
c. a​ $133.33 billion decrease in gdp
d. a​ $30 billion increase in gdp
e. a​ $133.33 billion increase in gdp

Answers

Tax multiplier = -1.5
Tax increase = $200 billion

Therefore, since the multiplier is a negative value, the GDP must have gone down.

GDP = Tax increase/Tax multiplier  = 200/-1.5 = $133.33 billion decrease.
Then, the correct answer is c.

. It is your responsibility to do the following for your own protection, EXCEPT:
A) Notify your employer if you have a respirator problem
B) Ask your employer if you have any respiratory questions
C) Keep your respirator clean and in good working condition
D) Buy your own respirator if your employer won't fit you for one

Answers

The answer is D to this question


Answer

Except: D. Buy your own respirator if your employer won’t fit you for one.

Explanation

It is the responsibility of the worker to ensure safety and his or her own protection through; Notifying the employer if you have a respiratory problem, asking your employer if you have any respiratory questions and keeping your respirator clean and in good working condition.



If the fed increases the supply of bank​ reserves, ________.
a. the federal funds rate falls
b. consumption falls
c. investment falls
d. the inflation

Answers

The federal funds rate falls , because the supply of the bank reserves increases
I believe that the answer is D.

Porter co. is analyzing two projects for the future. assume that only one project can be selected. project x project y cost of machine $ 68,000 $ 60,000 net cash flow: year 1 24,000 4,000 year 2 24,000 26,000 year 3 24,000 26,000 year 4 0 20,000 the payback period in years for project x is: multiple choice 2.00. 3.83. 3.50. 2.83.

Answers

Project x
Year ----- Cash flow ----- Net Invested cash
0              -----------           -68,000
1             24,000              -44,000
2             24,000              -20,000
3             24,000                0

Payback period = 2+ 20,000/24,000 = 2+0.83 = 2.83 years.
The final multiple choice is correct.

Project x

Year ----- Cash flow ----- Net Invested cash

0 ----------- -68,000

1 24,000 -44,000

2 24,000 -20,000

3 24,000 0


Payback period = 2+ 20,000/24,000 = 2+0.83 = 2.83 years.

The final multiple choice is correct.


A firm based in Washington state wants to export a shipload of finished lumber to the Philippines. The would-be importer cannot get sufficient credit from domestic sources to pay for the shipment but insists that the finished lumber can quickly be resold in the Philippines for a profit. Outline the steps the exporter should take to effect this export to the Philippines.

Answers

The steps are as follows:

The Philippine importer places an order with the American exporter, and asks the American if he would be willing to ship under a letter of credit. The American exporter agrees to ship under aletter of credit, and specifies relevant information such as prices, delivery terms, and the like. The Philippine importer applies to the Bank ofManila (or some other international bank) for a letter of credit to be issued in favor of the American exporter for the merchandise the importer wishes to buy. The Bank of Manila issues a letter of credit in the Philippine importer's favor and sends it to the American exporter's bank, the Bank of Seattle. The Bank of Seattle advises the American exporter of the opening of a letter of credit in his favor. The American exporter ships the goods to the Philippine importer on a common carrier.

The American exporter presents a 90 day timedraft to the Bank of Seattle, drawn on the Bank of Manila in accordance with the Bank of Manila's letter of credit and accompanied by the bill of lading. The American exporter endorses the bill of lading such that the title to the goods goes with the holder of the document - which at this point in the transaction is the Bank of Seattle. The Bank of Seattle presents the draft and documents to the Bank of Manila. The Bank of Manila accepts the draft, taking possession of the documents and promising to pay the now accepted draft in 90 days. The Bank of Manila returns the accepted draft to the Bank of Seattle. The Bank of Seattle tells the American exporter that they have the accepted bank draft, whichis payable in 90 days. The exporter sells the draft to the Bank of Seattle for a discount from the face value and receives the discounted cash value of the draftin return. The Bank of Manila notifies the Philippine importer of the arrival of the documents. It agrees to pay the Bank of Manila in 90 days. The Bank of Manila releases the documents so that the Philippine importer can take possession of the shipment. In 90 days the Bank of Manila receives the importer's payment so that it has funds to pay the maturing draft. In 90 days the holder of the matured acceptance, in this case the Bank of Seattle, presents it to the Bank of Manila for payment. The Bank of Manila pays.(If the exporter feels confident in and can completely trust the purchaser in the Philippines, then a much simpler procedure than this could be followed.)

Final answer:

To export lumber to the Philippines, the exporter must assess the importer's credit risk, secure payment through a letter of credit, comply with export regulations, manage shipping logistics, obtain insurance, finalize the purchase agreement and monitor the shipment.

Explanation:

The process of exporting lumber from Washington state to the Philippines involves several critical steps to ensure the transaction is successfully and securely completed. Given the importer's inability to secure sufficient credit domestically, the exporter must take measures to protect their financial interests while facilitating the export.

Assess Credit Risk: Investigate the potential importer's creditworthiness through international credit reports or credit insurance companies.Secure Payment: Consider using a letter of credit issued by a reputable bank as a means of ensuring payment upon delivery. This document guarantees that the bank will pay the exporter once certain conditions are met.Compliance with Export Regulations: Ensure that all export documentation is in place, including export licenses if required and compliance with the U.S. Export Administration Regulations (EAR).Shipping Logistics: Coordinate with a freight forwarder experienced in international shipments to handle the logistics of shipping the lumber efficiently.Insurance: Obtain comprehensive marine insurance to protect against loss or damage during transit.Finalize Purchase Agreement: Prepare a contract that includes all terms of the sale, such as price, delivery schedule, and payment terms.Monitoring the Shipment: Monitor the shipment until it safely arrives in the Philippines and is accepted by the importer.

True or false: In retailing, "product" and "merchandise" are used interchangeably.

Answers

The answer is true.

While talking to a customer you can use either words to represent what your trying to sell or present.

Final answer:

In a retail context, 'product' and 'merchandise' are often used interchangeably. However, while all merchandise is a product, not all products are merchandise.

Explanation:

True, in the context of retailing, the terms 'product' and 'merchandise' are often used interchangeably. However, it's important to note that there can be subtle differences depending on the context. 'Product' generally refers to anything that can be offered to a market for attention, acquisition, use, or consumption that might satisfy a want or need. On the other hand, 'merchandise' refers more specifically to goods that are bought and sold in business. So while all merchandise is a product, not all products can be considered merchandise (such as services).

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Students who participated in a study of the relationship between confidence and college success, with the results r = .78, indicating that 61% of the variance in college success was accounted for by the students' confidence. upon learning this, your statistics classmate decided that if he worked to increase his confidence, he would certainly become more successful in college. what would you say to him in response to his idea?

Answers

You could remind your classmate that although the correlation was strong, and much of the variance was accounted for by confidence, confidence still does not cause college success.

What is correlation?

Any statistical association between two random variables or bivariate data, whether causal or not, is referred to in statistics as correlation or dependency.

Although "correlation" can mean any kind of association in the broadest sense, in statistics it typically refers to the strength of a pair of variables' linear relationships.

Examples of common dependent phenomena include the relationship between parent and child height and the relationship between a good's price and the number of units buyers are prepared to buy, as shown in the so-called demand curve.

Because they can reveal a predicted relationship that can be used in practice, correlations are helpful. The existence of a correlation does not prove the existence of a causal connection.

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Final answer:

While confidence does correlate with college success and self-efficacy can indeed be beneficial, it's not the sole factor in achieving success. A comprehensive approach that includes hard work and making use of available resources is crucial for better academic outcomes. Confidence alone is not a guarantee for success.

Explanation:

The idea that increased confidence will certainly lead to greater college success is a bit simplistic. The correlation value of r = .78 in the study indicates a strong positive relationship between confidence and success, meaning that as confidence levels go up, success tends to increase as well. However, this does not imply causation. The 61% of the variance in college success accounted for by confidence suggests that while there's a notable association, other factors are also at play affecting college success.

Improvements in self-efficacy, which is one's belief in their ability to succeed, can indeed have positive outcomes as supported by research. For example, college students who have higher self-efficacy adapt better and may see more career options. However, it's important to consider that while working on boosting confidence could be beneficial, it should be part of a broader strategy that includes developing study skills, seeking academic support, and other relevant actions.

Therefore, while working on your confidence could contribute to success, it's not a guarantee. It's essential to combine self-confidence with hard work, effective study habits, and utilization of available resources. This more comprehensive approach is more likely to result in improved academic performance and overall success in college.

Adidea Corp. purchased 500 units of merchandise at $15 per unit from a vendor. It pays 50 percent of its purchase with cash and puts the rest on credit. How will the company record this transaction, assuming it uses a perpetual system?

Answers

Merchandise Inventory                          7,500
                   Cash in bank                                                  3,750
                   Accounts Payable                                          3,750

Answer:

Particular                                                   Debit               Credit

Inventory (Merchandise)                          7,500

                     Cash (Paid)                                                  3,750

                     Accounts Payable                                       3,750

Explanation:

First, we determine the value of inventory to be recorded in company's books, which would be as follows:

500 units x $15 per unit = $7,500

Now, out of the total value $7,500 half of which is paid in cash and remainder is put on credit. Therefore, 50% ($3,750) will be credited as cash while the rest will be recorded in accounts payable (credit due to be paid on inventory purchased). The total $7,500 will be debited as inventory bought.

Hence, the following inventory:

Particular                                                   Debit               Credit

Inventory (Merchandise)                          7,500

                     Cash (Paid)                                                  3,750

                     Accounts Payable                                       3,750

Steve is staying at a hotel while on business in Chicago, but he forgot to bring his ties. Who would he most likely turn to for assistance?

A) a Housekeeper
B) a Hotel Manager
C) a Concierge
D) a Bellhop

Answers

Steve is staying at a hotel while on business in Chicago, but he forgot to bring his ties. Who would he most likely turn to for assistance?

A) a Housekeeper
B) a Hotel Manager
C) a Concierge
D) a Bellhop

The correct answer is:
D) a Bellhop

A bellhop is a person whose job involves carrying people's luggage in a hotel. When you check into a fancy inn, the bellhop will take your suitcase up to your room for you. Also, he/she is someone employed to carry luggage and run errands in a hotel. Thus, a bellhop can attend to your needs and is ready to assist you.  Duties often include opening the front door, moving luggage, valeting cars, calling cabs, transporting guests, giving directions, performing basic concierge work, and responding to the guest's needs. They must be able to escort guests into their rooms while carrying luggage, or help move any baggage a customer needs.

Answer:

The correct answer is letter "C": a Concierge.

Explanation:

Hotel concierges do not only welcome guests upon checking-in inside the facility but also provide specialized information and assistance. That aid includes personalized solutions suggesting guests to carry out activities that may be provided partly by the same hotel.

In Steve's case, the hotel concierge can provide him with information about nearby places where to purchase ties and the concierge can even set transportation for Steve, such a hotel taxi, so he can go to the place he selects and return to the hotel safe.

A drawback to implementing environmental taxes and fees is that it ____.
a. helps bring about full-cost pricing
b. introduces environmentally beneficial technologies
c. is easily administered by existing tax agencies
d. penalizes low-income groups unless safety nets are provided
e. encourages businesses to develop environmentally beneficial goods

Answers

A drawback to implementing environmental taxes and fees is that it penalizes low-income groups unless safety nets are provided. If companies and individuals are expected to pay environmental taxes and fees due to their products causing issues or if they add them to everyone, it can hurt those in the low-income bracket. Those who already have a hard time paying bills are extremely price sensitive and likely can't afford added taxes and fees to products or services. 

Cinnamaldehyde is one of the primary constituents of cinnamon oil and contributes significantly to the odor of cinnamon. starting with benzaldehyde, identify reagents that you would use to prepare cinnamaldehyde.

Answers

formaldehyde and cinnamon

Cinnamaldehyde is one of the primary constituents of cinnamon oil----------.  The reagents that we would use to prepare cinnamaldehyde are formaldehyde and cinnamon.

What is  cinnamaldehyde?

Cinnamaldehyde is an organic compound that is responsible for the characteristic flavor and aroma of cinnamon. It is a yellowish liquid that is extracted from cinnamon bark or synthesized in the laboratory.

Cinnamaldehyde has a variety of uses, including as a flavoring agent in food and beverages, as a fragrance in perfumes and cosmetics, and as a natural fungicide and insecticide.

It is also used in the production of various chemicals, such as cinnamyl alcohol and cinnamyl acetate, which are used in the fragrance and flavor industry.

The formaldehyde and cinnamon are the reagents that we would use to prepare cinnamaldehyde.

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For convenience, pricing objectives can be divided into three categories, which are:​

a. ​differentiated, niche, and undifferentiated.

b. ​refundable, competitive, and attainable.

c. ​perceived, actual, and situational.

d. ​profit oriented, sales oriented, and status quo.

Answers

For convenience, pricing objectives can be divided into three categories, which are ​profit oriented, sales oriented, and status quoProfit oriented pricing objective follows the goals of maximizing profits and having a set target return. The sales oriented section focuses on the unit or dollar growth in sales and how the growth in the market relates. The status quo oriented objective focuses on how they are meeting their goals against competition and nonprime competition. 
Other Questions
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