The Journal entry is the process of maintaining the records of transaction that takes place in the organization. The below are given journal entries of above-mentioned transactions.
The journal entries will be:
1) Dr. Cash $35,000
Dr. Computer Equipment 35,000
Cr. Capital $70000
(Cash and computer equipment invested)
2) Dr. Rent Expense $2,500
Cr. Cash $2,500
(Rented space)
3) Dr. Office Supplies $ 1,800
Cr. Cash $ 1,800
(Company purchased supplies)
4) Dr. Prepaid Insurance $2,880
Cr. Cash $2,880
(Company purchased insurance policy)
5) Dr. Salaries Expense $1,000
Cr. Cash $1,000
(Paid salaries)
6) Dr. Cash $14,000
Cr. Commissions Earned $14,000
(Commission earned)
7) Dr. Repairs Expense $350
Cr. Cash $350
(Payment made for repairs)
8) Dr. Telephone expense $900
Cr. Cash $900
(Paid telephone bill)
9) Dividend paid $1580
To cash $1580
(Payment of dividend)
The complete question is here:
On April 2 Nozomi invested $35,000 cash and computer equipment worth $35,000 in the company in exchange for its common stock. April 3 the company rented furnished office space by paying $2,500 cash for the first month’s (April) rent. April 4 the company purchased $1,800 of office supplies for cash. April 10 the company paid $2,880 cash for a 12-month insurance policy. coverage begins on April 11. April 14 the company paid $1,000 cash for two weeks' salaries earned by employees. April 24 the company collected $14,000 cash for commissions revenue. April 28 the company paid $1,000 cash for two weeks' salaries earned by employees. April 29 the company paid $350 cash for minor repairs to computer equipment. April 30 the company paid $900 cash for this month's telephone bill. April 30 the company paid $1,580 cash in dividends. Form the journal entries of above transactions.
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the city is part of the federal social security system. the city and the employee each pay social security payroll taxes of 6.2 percent of all salary paid up to $118,500 per employee to finance federal retirement and disability insurance and 1.45 percent of all salary paid to finance medicare. the city pays a portion of the cost of health insurance for each full-time employee, an amount equal to $180 per month. employees are part of a pension system financed by a city payment of 20 percent of the employee’s salary and an employee payment of 5 percent of the employee’s salary. full-time employees receive an allowance for uniforms of $750 per year.
$9,065.25 is the total tax which is calculated for all of the taxes including Medicare and security etc.
Explanation:
Both the federal Medicare tax and federal social security taxes are calculated based gross pay.
Social security tax will be
=6.2/100 x $118,500
=0.062 x $118,500
=$7,347
The Medicare tax will be
=1.45% of $118,500
= 1.45/100 x $118,500
=0.0145 x $118,500
=$1,718.25
Total taxes = $7,347+$1,718.25
=$9,065.25
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maxine corp. is enjoying a surge of business prosperity in the recent few years. it just paid common dividends at $0.04 per share to its shareholders last year (d0
The intrinsic value of Maxine Corp. now is $2.63, reflecting the recent growth in corporate prosperity. It recently distributed common dividends to its shareholders at a rate of $0.04 per share.
In-the-money options are referred regarded as having intrinsic value. Its inherent value is 0 when it is out of the money. The difference in absolute value between the shareholders current price of the underlying and the option's strike price is used to determine an in-the-money option's intrinsic value.
Calculation of Discounting Rate (Ke)
Ke = Rf + Beta (Market Risk Premium)
Where,
Ke = Discounting Rate
Rf = Risk free interest rate = 4%
Beta = Beta of Maxine Corp = 1.5
Market Risk Premium = 9%
Therefore,
Ke = 4 + 1.5 (9)
Ke = 4 + 13.5
Ke = 17.5%
D0 = 0.03$ (given)
Calculation of Terminal Value (P6) : Growth remains shareholders constant from year 6 thus we need to calculate terminal value.
P6 = * D6 * (1+9) Ке - 9
P6 = * 0.6172589 *(1 + 0.04) 0.175 – 0.04
P6 = 0.6419492352 0.135
P6 = 4.75517952
Year Growth Rate Cash Inflow Discounting Factor 17.5% Present Value
1 80% 0.0540000 0.851063829787 0.0459574468
2 80% 0.0972000 0.724309642372 0.0704028972
3 80% 0.1749600 0.616433738189 0.1078512468
4 80% 0.3149280 0.524624458033 0.1652189313
5 40% 0.4408992 0.446488900454 0.1968565990
6 40% 0.6172589 0.379990553578 0.2345525435
6 4% 4.7551795 0.379990553578 1.8069232982
Total 2.6277629629
intrinsic value today of Maxine corp = $2.6277629629
Intrinsic value today of Maxine corp = $2.63 (R/off)
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sales mix and break-even analysis conley company has fixed costs of $17,802,000. the unit selling price, variable cost per unit, and contribution margin per unit for the company’s two products follow: product model selling price variable cost per unit contribution margin per unit yankee $180 $99 $81 zoro 225 135 90 the sales mix for products yankee and zoro is 80% and 20%, respectively. determine the break-even point in units of yankee and zoro.
Break even points are
Product Model 94 units = 160,378.38 unitsProduct Model 81 units= 53,459.46 unitsWhat is Break even points?The quantity of each of the two goods that Company must sell in order to break even is known as the break even point in units.
At these sales units, the sales revenue would generate a total contribution that is exactly $17,802,000 in fixed costs.
The break-even point (total units) is calculated as follows: Total fixed costs / average contribution per unit.
The average contribution per unit is (81 75%) + (90 25%), which equals $83.25 in total.
Break-even point is equal to $17, 802,000/83.25 units, or 213, 837.84
Model of Product 75%, or 213,837.84 unit
= 160,378.38 units
Model of Product: 81 units at 25% off: 213,837.84
= 53,459.46 units
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the baking department began july with 14,000 units in its beginning work in process inventory. an additional 296,000 units were transferred in from the prior department during the month to begin processing in the baking department. there were 14,000 units in the ending work in process inventory of the baking department. how many units were transferred to the next processing department during the month?
296000 units were transferred to the next processing department during the month.
14000units +296000 transferred units - 14000 units at work end = 296000.
The 'branch' can discuss with a number of various things. as an instance, an administrative division inside a state, a governmental ministry or even part of an group. in this specific definition, we confer with the term 'branch' as it's used to consult separate divisions of an organization.
A department is usually understood as a part of a larger organization. The time period 'department' may additionally cover a huge variety of meanings, from e.g. a geographical or administrative department within a country, to a governmental ministry or part of an institution, consisting of a college.
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project a has an initial cost of $75,000 and annual cash flows of $33,000 for three years. project b costs $60,000 and has cash flows of $25,000, $30,000, and $25,000 for years 1 to 3, respectively. projects a and b are mutually exclusive. the incremental irr is and if the required rate is higher than the crossover rate then project should be accepted. a) 13.94 percent; a b) 12.89 percent; b c) 12.89 percent; a d) 13.94 percent; b e) 15.86 percent; a
The incremental IRR is 12.89% and if the required rate is higher than the crossover rate then Project B should be accepted.
Initial price is the overall rate related to the acquisition of an asset. The unique price of an asset takes into attention all the objects that may be attributed to its buy and to putting the asset to use.
Cash flow are the income an employer has earned for a period, even as coins go with the drift from running sports measures, in part, the coins getting into and out throughout an employer's daily operations. Net profits are the start line in calculating coins go with the drift from running sports.
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for next year, by-way has projected sales of $435,000, costs of $254,000, depreciation of $35,000, interest expense of $22,000, and taxes of $28,500. what is the amount of the projected operating cash flow? a) $130,500 b) $157,900 c) $152,500 d) $161,500 e) $181,000
Projected sales 435000
(-) Costs (254000)
(-) Depreciation (35000)
Operating income 146000
Operating income 146000
(+) Depreciation 35000
(-) Taxes (28500)
Projected operating cash flow 152500
The amount of the projected operating cash flow is c) $152,500
Cash flow is defined as the quantity of cash entering and leaving your business over a given time frame. Coins go with the flow is essential because it enables you to meet your existing financial responsibilities as well as plan for the future.
"Coins is king" additionally refers to the ability of an organization or a business to have enough cash available to cover short-time period operations, purchase belongings, which include systems and equipment, or gather different centers. Greater corporations fail for loss of coins float than for lack of profit.
The key difference between cash glide and income is even as income indicates the quantity of money left over in spite of everything fees were paid, cash goes with the flow indicating the internet glide of cash into and out of a commercial enterprise.
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joe owns a factory that develops water pumps which get shipped all over the world. several of his pumps are sold to the walt disney company to be used in their it's a small world ride. once the pumps are installed, it is determined that one of the pumps is faulty and it contaminates the whole ride. disney has to close the ride. to repair the ride costs $100,000. what theory of product liability dictates that joe is liable?
The theory of product liability dictates that joe is liable is Manufacture Defect.
The Consumer Protection Act, 2019 (the "2019 Act") defines "Product Liability" for the first time. According to the 2019 Act, product liability refers to a company's obligation to make up for any harm a customer may have suffered as a result of a product that was either created or sold with a flaw or as a result of subpar after-sale services.
Following notification in the Indian Official Gazette and presidential assent on August 9, 2019, the 2019 Act repealed the former Consumer Protection Act of 1986 (the "Erstwhile Act"). While the majority of the law's provisions, including the chapter on product responsibility, were adopted in 2019, they all took effect on July 20, 2020.
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let’s say we just completed a big event for a client and wanted to find out if they were satisfied with their experience. provide some examples of measurable questions that you could include in the customer feedback survey.
Based on the given scenario, some examples of measurable questions that you could include in the customer feedback survey are:
Did you enjoy the event?Would you want to attend a similar event in the future?Do you have any complaints?What is Customer Feedback?This refers to the reply that is given a customer to a person whose product or service he just used or consumed to show if he loves the product or service.
Hence, we can see that based on the fact that you want to measure consumer satisfaction, you would need to include the given questions given above,
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what is the present value of $300 received at the beginning of each year for five years? assume that the first payment is not received until the beginning of the third year (thus the last payment is received at the beginning of the seventh year). use a 10% discount rate, and round your answer to the nearest $1.00.
The display esteem of future installments reflects the truth that cash given within the future is worth less than in the event that the cash were gotten nowadays.
The contrast in value reflects what somebody seem win by contributing the cash nowadays and earning a return on the reserves. For illustration, $100 given to you nowadays can be contributed in a one-year bond creating 4% intrigued.
This implies the $100 would be worth $104 a year from presently. Hence, from a financial angle, $100 nowadays is worth $104 a year from presently. Future installments are balanced agreeing to a markdown rate: 4% within the over illustration. In the event that a installment is made two a long time from presently, the 4% must be recognized for each year. The term for typically compounding. Within the over case, $100 contributed at 4% is worth $108.16 two a long time from presently, since intrigued is earned on a compound premise over two a long time. The $104 contributed at the conclusion of one year would develop to $108.16 since $104 times 1.04=$108.16. This too implies the two-year markdown calculate is 1.04 squared. Hence, $108.16 partitioned by 1.04 squared will allow a show esteem of $100. At long last, any future installment balanced to its show esteem can be included or subtracted to other installments to create the show esteem of different installments over time.
$1,000. The wrinkle within the address is that the installments don't start until the starting of year 3. This implies the display esteem of the primary installment is marked down at 10% for two a long time (not 3 a long time since it is the starting of year 3). The rebate calculate is subsequently 1.10 squared and the show esteem is: $300/1.102=$247.93
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which mid-18th century british economist, who came to be known as the father of free market and open trade systems, recognized the absurdity of mercantilism?
Which mid-18th century British economist Adam Smith, who came to be known as the father of free market and open trade systems, recognized the absurdity of mercantilism.
From the 16th through the 18th centuries, mercantilism was a trade-based economic system. According to the theory of capitalism, commerce must be regulated in order for governments to increase their wealth and level of dominance in the globe. Through increased exports and tariff-enhanced import restrictions, several European countries sought to amass the maximum possible portion of the riches.
Nations typically employed their military force to defend their own markets and supply sources because mercantilism was nationalistic in character.By the middle of the eighteenth century, free-trade economics had supplanted mercantilism.As needed, mercantilism provided protection for the business interests of manufacturers and merchants, including the English and Dutch East India Companies.Learn more about Mercantilism, here
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each of the following factors affects the weighted average cost of capital (wacc) equation. which are factors that a firm can control? check all that apply.
The weighted average cost of capital (wacc) equation. which are factors that a firm can control is interest rates in the economy, the performance of index funds, such as the S&P 500
In the fields of finance and economics, interest is the payment made at a set rate by a borrower or deposit-taking financial institution to a lender or depositor in excess of the principal amount. It differs from a fee the borrower might pay the lender or another entity. Compound interest is preferable to simple interest when it comes to investing since it permits money to increase more quickly than it would in a simple interest account. The combination of multiple external funding sources, also referred to as capital, utilised to finance a corporation is referred to as capital structure in corporate finance. The balance sheet of the corporation includes information on it, which consists of equity owned by shareholders, debt, and preferred stock.
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The question was incomplete. Check below the full question.
Each of the following factors affects the weighted average cost of capital (wacc) equation. which are factors that a firm can control? check all that apply.
a. Interest rates in the economy
b. Tax rates
c. Firm dividend payout ratio
d. The general level of stock prices
The demand for cattle and an increase in railroad construction across the u. S. Contributed most directly to –.
The demand for cattle and an increase in railroad construction across the u. S. Contributed most directly to ranching.
A generic term for the art and science of forming things, systems, or organizations, construction derives from the Latin construction (from com- "together" and struere "to pile up"), as well as the Old French construction. [2] The noun construction refers to the process of building something, whereas the verb to construct refers to the act of building. Ranching is the management of a sizable farm, particularly one that is used to raise sheep, horses, or cattle.
Ranching Grain, vegetable, fruit, and nut crops are all produced by farmers. Additionally, they cultivate fibers like cotton, Texas' leading crop. Meat is what ranchers mainly produce. Leather is created from hides, and sheep and goats can have their hair sheared to produce wool and mohair.
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stormer company reports the following amounts on its statement of cash flow: net cash provided by operating activities was $28000; net cash used in investing activities was $10000 and net cash used in financing activities was $12000. if the beginning cash balance is $5,000, what is the ending cash balance?
The ending of cash balance that Stormer Company reported is $11,000.
Cash balance = beginning cash balance + cash inflows – cash outflows.
Cash balance = $5,000 + $28,000- $10,000 - $12,000
Cash balance = $11,000
A cash balance can be defined as the amount of money a company currently has available. In the cash balance, the money is kept on hand to offset any unplanned cash outflows and cash balance is typically used to pay off debt or is returned to investors as a dividend.
Net cash can be described as a figure that is reported on a company's financial statements and also calculated by subtracting a company's total liabilities from its total cash. The net cash is used to figure an evaluating of a company's cash flows.
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lisa did not deliver goods in 1992 as her contract with jozell required, but jozell took no legal action for fifteen years and then sued lisa for breach of contract. discuss the suit.
Answer:
The UCC statute of limitations for bringing swimsuit for breach of contract of a sales contract especially is four years in a big way. While the statute of obstacles does now now not technically void the debt, it gives the debtor a safety in opposition to any demand for collection.
According to the liquidity premium theory of the term structure, a downward sloping yield curve indicates that short-term interest rates are expected to.
According to the liquidity premium theory of the term structure, a downward sloping yield curve indicates that short-term interest rates are expected to. decline sharply in the future.
Interest is fee from a borrower or deposit-taking monetary organization to a lender or depositor of an amount above repayment of the main sum, at a specific fee. it is wonderful from a price which the borrower may additionally pay the lender or a few 0.33 party.
Interest is the rate you pay to borrow money or the value you rate to lend money. Interest is most customarily meditated as an annual percent of the amount of a loan. This percent is known as the interest charge on the mortgage.
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Companies focusing on innovation relating to product enhancement and experiential factors are all associated with what innovation zone?.
The four fundamental components of innovation are co-creation, ideation, implementation, and value creation. Coordination, idea generation, execution, and value creation are necessary for innovation.
Applying new technology or methods to the current market for your business is known as disruptive innovation, often referred to as stealth innovation. Since emerging technology frequently falls short of what is currently available on the market, it is stealthy in nature.
Greg Satell, an entrepreneur and innovation guru, developed this version of the four categories of innovation. Previously, several academics had innovation developed their own variations on innovation. Performance Improving, Efficiency, and Market Creation were Clayton Christensen's labels for these categories.
Fundamentally, innovation can be divided into three categories: radical, incremental, and disruptive. They may differ according on the market, specialty, brand essence, services, and products made available.
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Answer:
Explanation:
Companies focusing on innovation relating to product enhancement and experiential factors are all associated with what innovation zone?
Co-creation, ideation, implementation, and value creation are the four essential elements of innovation. Innovation requires coordination, idea formulation, idea implementation, and creating value.
Disruptive innovation, sometimes referred to as stealth innovation, is the application of new technology or processes to the current market for your company. Emerging technology is sneaky in nature since it typically falls short of what is currently on the market.
This version of the four types of innovation was created by businessman and creativity expert Greg Satell. Prior to now, a number of scholars had created their own versions on innovation. Clayton Christensen gave these subcategories names like Performance Improving, Efficiency, and Market Creation.
Basically, there are three sorts of innovation: radical, incremental, and disruptive. They could vary depending on the market.
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the supply chain is a network of manufacturers and service providers that work together to convert and move goods from the raw materials stage to the end user.
The above statement that the supply chain is a network of manufacturers and service providers that work together to convert and move goods from the raw materials stage to the end user is true.
In the field of business, the supply chain can simply be described as the management system that makes raw materials into fine products that are to be used by the end users or consumers.
The supply chain process includes the manufacturers who build the product and the service providers who distribute the product. A service provider may or may not be part of a manufacturing organization.
All the resources used, the workers, the management process, the service providers, etc are all a part of the supply chain.
Although a part of your question is missing, you might be referring to this question:
The supply chain is a network of manufacturers and service providers that work together to convert and move goods from the raw materials stage to the end user. True or false
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notes. when a loan is repaid through a series of equal payments, with each payment including interest and principal components, the loan is said to be:annuitized b. predatory c. amerliorated d. amortizedannuitized b. predatory c. amerliorated d. amortized
An amortized loan is one that will be repaid over time in equal or nearly equal principal and interest payments, without the need for a one-time balloon payment.
An installment loan is one that you pay back in a series of equal instalments over a predetermined period of time. A down payment, or a cash percentage of the purchase price, is typically necessary for this kind of financing. After the down payment, your debt is the amount that was financed. First, amortization is a tool used in the process of repaying debt over time with consistent principal and interest payments. A loan's current balance can be decreased using an amortization schedule, such as a mortgage or a vehicle loan. It can be concluded that the loan is negatively amortizing based on the information given in the question regarding the circumstance. loan This refers to a rise in a loan's outstanding balance brought on by a loan payment that is less than the interest being charged during that time period, as specified in the question.
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a benchmark index has three stocks priced at $40, $63, and $73. the number of outstanding shares for each is 435,000 shares, 575,000 shares, and 723,000 shares, respectively. if the market value weighted index was 950 yesterday and the prices changed to $40, $59, and $77 today, what is the new index value?
If the market value weighted index was 950 yesterday and the prices changed to $40, $59, and $77 today, then the new index value is 955
Total portfolio value at the beginning= (40 x 435000)+ (63 x 575000)+( 73 × 723000)
=(174,00,000+362,25,000+52779,000)
=106404,000
Weight of stock A=(174,00,000/1064040000)=16.35%
Weight of stock B= (36225000/106404000)= 34.04%
Weight of stock C=(52779,000/106404000)= 49.60%
Return of stock A = (40-40)/40=0%
Return of stock B= (59-63)/63=-6.34%
Return of stock C= (77-73)/73= +5.479%
Total return of the index= (0 × 16.35%)+(-6.34 × 34.04%)+(5.479 × 49.60%)= (0+2.717-2.158)= 0.55864%
Value at end of the year of index= 950+(.55864% of 950)= 955
The most recent index rate value for a variable rate loan is referred to as the "current index value." The fully indexed rate that a borrower is obliged to pay on variable rate loans is determined using the indexed rate and a margin. This value ought to represent both the overall state of the market and any modifications made in response to those changes.Lenders determine the variable rate loan products by using the most recent index values. The interest rate on these loans is referred to as the fully indexed rate. It is dependent on a margin and an indexed rate. Lenders may provide a range of fully indexed variable rate loan products with rates that adjust at various reset intervals.Learn more about Index value, here
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2.
In physical stock markets, the buying, selling, and trading of stocks happens on the trading floor. This sort of auction for stocks happens as traders verbally submit their offers. What is this type of trading known as?
virtual
expansionary
rational
open outcry
The buying, selling, and trading of stocks that happens on the trading floor is known as open outcry.
What is open outcry?Open outcry is when traders participate in buying and selling of stocks on the floor of stock exchange market. Here, traders who are involved in trading both use verbal and non verbal means of communication in trading.The above means that traders communicate through their body language and facial interaction hence decisions are made by the buyers based on the body language.
Hence, the sort of auction whereby traders verbally submit their offers on the floor of stock exchange market is called open outcry.
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is it true that, under a proportional income tax structure, a person who earns a high income will pay more in taxes than a person who earns a low income? explain your answer.
No, it is not true that under a proportional income tax structure, a person who earns a high income will pay more in taxes than a person who earns a low income..
Elaborate:With a proportional income tax structure , each individual or household pays the same fixed rate of tax .
For instance , low-income taxpayers would pay 12 percent, middle-income taxpayers would pay 12 percent, and high-income taxpayers would pay 12 percent equally.
What is the purpose of proportional tax?A proportional tax system, also known as a flat tax system, assesses that the same tax rate on everyone regardless of income or their wealth. Proportional taxation is intended to form greater equality between marginal tax rates and average tax rates paid.
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Click this link to view o*net’s skills section for accountants. note that common skills are listed toward the top and less common skills are listed toward the bottom. according to o*net, what are some common skills needed by accountants? select four options mathematics reading comprehension equipment maintenance quality control analysis active listening writing
The common skills required for accountants are mentioned at the top of the list, while the less common talents are included at the bottom. These common skills include mathematics, reading comprehension, and active listening.
An individual who carries out accounting tasks like financial statement analysis, audits, or account analysis is referred to as an accountant. Accountants are employed by accounting firms or internal accounts divisions of big businesses. They could even start their own, unique common skills practices. National professional associations certify these individuals once they have satisfied state-specific educational and testing standards.
Accountants are specialized in finance and are in charge of a variety of accounts, both public and private. A company or an individual may be the account owner. As a result, they might find employment with common skills businesses of all sorts, from small to large, with governments and other non-profit accountants organizations, or they might establish their own private practice and work with clients who hire them.
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elvis agrees to provide guitar lessons to angela’s niece for three months for $600. angela decides her niece really is not interested in guitar lessons, and assigns her rights under the contract to jose, so jose can use the lessons for his daughter. when jose contacts elvis to set up the first guitar lesson for his daughter:
When Jose contacts Elvis to set up the first guitar lesson for his daughter, he cannot enforce the contract against Elvis because the contract is for personal services.
What is a contract?In law, a contract entails a promise to do something or to refrain from doing something. Its making often requires the mutual assent of two or more persons, in which one of them ordinarily making an offer and another accepting, that is, when one of the parties fails to keep the promise, the other is entitled to a legal redress.
As well, we can define a contract as a legally binding agreement between two or more parties, the contractual agreement therein helps to creates a promise that certain rights and obligations will be fulfilled by each party
Most often, a typical contract will only be enforceable if both parties have entered into the contract willingly, so, when one parties have been bullied, pressured or manipulated into entering into the contract, such contract will be unenforceable because of lack of consent.
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purchasing-power parity describes the forces that determine a. exchange rates in the short run. b. exchange rates in the long run. c. prices in the short run. d. prices in the long run
It is correct to choose option (b). Long-term exchange rate determinants are characterized by purchasing-power parity.
What does the purchasing power parity method of determining exchange rates entail?An economic theory of how exchange rates are decided is known as purchasing power parity (PPP). According to this, the price ranges in two nations should be comparable. This implies that when the currencies have been converted, the price of commodities will be the same everywhere.
Is buying power parity a long- or short-term goal?Increases in perception of the trajectory of economies' growth, announcements about interest rate changes, and other similar events all affect exchange rates in the short term. PPP, in contrast, analyzes the long-term movement of exchange rates.
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veronica is studying environmental engineering because she is interested in renewable energy. this major has become more popular among college students, and consumers are also looking for environmentally friendly products. this trend is due to which external force?
This trend is due to Sociocultural that Veronica is studying environmental engineering.
Environmental engineers use the standards of engineering, soil technology, biology, and chemistry to broaden answers to environmental issues.
They work to enhance recycling, waste disposal, public fitness, and water and air pollution manipulation.
Studying for a diploma in Environmental Engineering is one of the great things you may do for our planet. it can not be the most famous study software, however, it is clearly one of the maximum critical ones for our destiny.
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the long-term solution to the high price of gasoline is: answers a) to find new sources of supply. b) decrease the fuel consumption of cars. c) reduce the price through government subsidy. d) increase the price further through government taxation.
The long-term solution to the high price of gasoline is d) increase the price further through government taxation.
The high price of gasoline is due to the overconsumption of gasoline in various parts of the world. The supply of gasoline is less whereas the usage is more which ultimately causes the prices to go higher.
The long-term solution to the high price of gasoline is to further increase the price of gasoline through government taxation. Such an act will cause more revenue to be generated to search for more reserves to produce more gasoline. Also, the increase in prices will cause people to use less gasoline. This long-term solution can prove fruitful if more reserves of gasoline are made or gasoline is imported from other countries.
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when are companies most likely to find lump sum increases useful? when the cost of living has increased when employees are at the top of their pay ranges when they are trying to improve employee satisfaction when employees are at the bottom of their pay ranges
Companies most likely to find lump sum increases useful when employees are at the top of their pay. So, the correct answer is (b).
An increase in salary is compensated with a lump sum increase. It is not added to the base wage that is fixed. It is awarded as one lump cash payment. It is also known to as a lump sum bonus for this reason.
While lump sum increases have different applications, their best usage is as a salary increase alternative for employees whose fixed starting salaries have already reached their extremely high levels for that specific position.
The justification is straightforward: the manager wishes to acknowledge the employees for their excellent work, which contributed to the company, therefore rather than raising salaries, the manager offers a lump sum increase, which is a single payment made just for their excellent work.
The complete question is here:
When are companies most likely to find lump sum increases useful?
a. When they are trying to improve employee satisfaction
b. When employees are at the top of their pay ranges
c. When employees are at the bottom of their pay ranges
d. When the cost of living has increased
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a ups employee named theodore johnson who only made $14,000 per year was able to achieve a net worth of $70 million after 50 years through saving and investing, half of which he donated to educational causes in 1991.
Theodore Johnson earned no more than $14,000 per year while working for UPS, yet despite this, he was worth more than $70 million when he retired with out tax.
Theodore Johnson wouldn't see the cash again because it would be withdrawn from his account. In order to enrich himself, he therefore created a tax. He invested 20% of his earnings, despite the fact that he only made a small amount of money. That accrued interest for him over more than five decades, earning him $70 million.
Tony portrays Mr. Johnson's money as if it were nothing because it is only a measly $14,000 per year, which is considered "table scraps." In contrast to the $53,046 median household income, this is little. We tax should all be able to save 20% if he can, by golly. Yes, that's true, but we must not forget that Mr. Theodore Johnson retired in 1952. Amounts in the past and present are not equal. In fact, after inflation, Mr. Johnson's $14,000 is equivalent to almost $123,000.
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An operating cycle is the length of time it takes to convert inventory to accounts receivable plus the time it takes to convert the account receivable back to cash. This statement is.
An operating cycle is the sum of the time required to convert inventory into accounts receivable and the time needed to turn those accounts receivable back into cash. This claim is true.
An operating cycle (OC) is the period of time needed for a company to receive goods, sell that inventory, and get paid for the sale of that inventory. The effectiveness of a firm is greatly influenced by this cycle. Accounts payable turnover days, inventory turnover days, and accounts receivable turnover days are the three parts of the operating cycle. The total number of operating cycle days can be calculated using these. The items and materials a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock. Specifying the size, shape, and location of stocked commodities is the main focus of inventory management.
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the gross capitalized cost includes the price of the vehicle plus what the dealer paid to finance the purchase plus any other items, including insurance or a maintenance agreement over the life of the lease.
True, the gross capitalized cost of the car includes the purchase price, the amount the dealer paid for financing the transaction, and any additional costs, such as insurance or a maintenance contract for the duration of the lease.
The total of a business's current assets is known as gross capitalized cost (assets that are convertible to cash within a year or less). Cash, accounts receivable, inventories, short-term investments, and insurance marketable securities are all assets that make up gross working capital. Net working capital, sometimes known as "working capital," is the result of subtracting current liabilities from gross working capital. This is a more helpful quantity for analyzing balance sheets.
In reality, gross capitalized cost serves no purpose. It only provides a insurance partial view of a company's capacity to effectively use short-term resources and its short-term financial health. Current liabilities make up the remaining 50%. Working capital is equal to current assets minus current liabilities, or gross working capital. When working capital is in the positive, current assets outweigh current liabilities. The current asset to current liability ratio is the primary metric for expressing positive working capital.
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