Beginning in cell C14 of the Budget Analysis worksheet, complete the series of substitution values ranging from 450 to 1200 in increments of 150 horizontally across row 14. Series ? X Х Series in Rows Columns Type Lincar Growth Date AutoFill Date unit O Day Weekday Month Year Trend Step value: Stop value: 4501 OK Cancel Unit Output 750 450 600 900 1050 1300 lor fl Delete- a Format Calls J X $ % Format as Table - Clipboard Font Cell Styles - Alignment Number Styles C14 fa 450 А B СП D 1 E Official College Sweatshirts F G H 2 Flexible Budget Analysis Series ? 3 STATIC BUDGET Series in 4 Fixed Cost Type Duc $17,450 Rows 5 Variable Cost per unit O Line Day $15 Columns Growth Wicked 6 Unit Output 750 Dute Math 7 Sales Price $40 Autoiu Year 8 9 Sales Revenue Trend $30,000 10 LESS: Expenses $28,700 Step value: Stop value 11 Operating Income $1,300 OK Cancel 12 13 FLEXIBLE BUDGET Unit Output 14 Varying Unit Output 4501 15 16 17 18 19 Varying Unit Output and Sales Price Unit Output 20 450 600 750 900 1050 1300 21 $35.00 Oooo Sales Price 24 25 Budget Analysis Named Ranges Ready

Answers

Answer 1

Please note that the values in row 14 are calculated using the formula =C14+150, which adds 150 to the value in the previous cell, allowing you to create a series of values with the desired increments.

What is Budget?

A budget is a financial plan that outlines the expected income and expenses of an individual, organization, or entity over a specific period of time. It serves as a roadmap for managing and allocating resources, making financial decisions, and achieving financial goals.

To complete the series of substitution values ranging from 450 to 1200 in increments of 150 horizontally across row 14 in the Budget Analysis worksheet, you can follow these steps:

Enter the starting value 450 in cell C14.

In cell D14, enter the formula =C14+150 and press Enter.

Select cell D14 and drag the fill handle (a small square at the bottom right corner of the cell) across the cells E14, F14, G14, H14, and I14 to complete the series up to 1200.

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Related Questions

The following table shows the real GDP and population for the United States, Japan, Brazil, and Germanyin 2016. Complete the table by calculating the real GDP per capita for each country.Instructions: Round your answers to the nearest whole number.Real GDP and Population, 2016: Select CountriesCountryUnited StatesJapanBrazilGermanyReal GDP (millions ofdollars)$17,236,2084,857,8322,912,0603,658,901Population (millions ofpeople)32312720883Real GDP per Capita(dollars)$

Answers

Real GDP per capita is crucial as it indicates the economic output per person and is commonly used to compare standards of living. The US has the highest followed by Germany, Japan, and Brazil.

To calculate the real GDP per capita for each country, we need to divide the real GDP of each country by its corresponding population.

For the United States, the real GDP per capita in 2016 is $17,236,208 million / 323 million people = $53,301.

For Japan, the real GDP per capita in 2016 is $4,857,832 million / 127 million people = $38,254.

For Brazil, the real GDP per capita in 2016 is $2,912,060 million / 208 million people = $14,002.

For Germany, the real GDP per capita in 2016 is $3,658,901 million / 83 million people = $44,086.

Therefore, the real GDP per capita for the United States is the highest among the four countries, followed by Germany, Japan, and Brazil. It is important to note that real GDP per capita is an important economic indicator as it shows the economic output per person in a country, and is commonly used to compare the economic development and standard of living between countries.

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which approach to motivation is based on the premise that managers know more about the job than workers and therefore should be paid more?
a. Traditional approach b. Content perspective c. Human relations approach d. Human resources approach e. Scientific management

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The approach to motivation that is based on the premise that managers know more about the job than workers and therefore should be paid more is the traditional approach. Option (A) is correct answer.

The traditional approach to motivation is a perspective that has been widely used in the field of management and psychology to understand how people are motivated to behave in certain ways. This approach emphasizes the role of external rewards and punishments in shaping behavior and assumes that individuals are primarily motivated by economic and social incentives.

According to this approach, people are motivated by a desire to maximize their rewards and minimize their costs. This can be achieved through various strategies, such as seeking high-paying jobs, achieving status and recognition, or avoiding unpleasant tasks and punishments. Therefore option (A) is correct.

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ebit is another term for blank . multiple choice question. income after taxes residual income net operating income operating assets

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The correct answer is "net operating income." EBIT stands for "earnings before interest and taxes," which is another term for net operating income.

EBIT is an acronym for Earnings Before Interest and Taxes. It is a measure of a company's profitability that looks at operating earnings before the deductions of interest expenses and taxes. EBIT is often used by analysts and investors as a way to evaluate a company's operating performance without the impact of financing and tax decisions. It can also be helpful in comparing the profitability of different companies within the same industry.

EBIT is not the same as net operating income, which is a measure of a company's operating income after all operating expenses, including taxes and interest, have been deducted. Residual income, on the other hand, is the amount of income that remains after all expenses have been paid, including financing and capital costs. Operating assets are the assets that a company uses in its core business operations.

Overall, EBIT is an important financial metric that can provide valuable insight into a company's financial health and performance, particularly when used in conjunction with other measures of profitability and financial analysis tools.

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scott and eric each have a good credit history. they work at the same company and make approximately the same salary. scott has borrowed $6000 to take a foreign vacation. eric has borrowed $6000 to buy a car. who is likely to pay the lowest finance charge?

Answers

It is impossible to determine who is likely to pay the lowest finance charge based solely on the information provided. The finance charge will depend on various factors, such as the interest rate, the loan terms, and the borrower's credit score.

Additionally, the finance charge for a car loan may be different from a personal loan for a vacation. Therefore, more information is needed to provide a definitive answer. Who is likely to pay the lowest finance charge between Scott and Eric, given that both have a good credit history, work at the same company, make approximately the same salary, and have borrowed $6000. Scott borrowed the money for a foreign vacation, while Eric borrowed it to buy a car.

In general, auto loans tend to have lower interest rates compared to personal loans, which are typically used for vacations. This is because auto loans are secured loans, meaning the car serves as collateral, whereas personal loans are unsecured and pose a higher risk to lenders.  Based on this information, it is likely that Eric, who borrowed $6000 to buy a car, will pay the lowest finance charge compared to Scott, who borrowed the same amount for a foreign vacation.

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You just purchased a home and agreed to a mortgage payment of $1,264 a month for 30 years at 7.5 percent interest, compounded monthly. how much was the mortgage?

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The original mortgage amount was approximately $175,409.49.

To determine the original mortgage amount, we will use the mortgage payment formula:

M = P * (r * (1 + r)^n) / ((1 + r)^n - 1)

Where M is the monthly mortgage payment, P is the original mortgage amount, r is the monthly interest rate (annual rate divided by 12), and n is the total number of payments (loan term in years multiplied by 12).

You provided the following information:
- Monthly mortgage payment (M) = $1,264
- Loan term = 30 years
- Annual interest rate = 7.5%

Let's break down the steps to find the original mortgage amount (P).

Step 1: Convert the annual interest rate to a monthly interest rate.
r = (7.5% / 100) / 12 = 0.075 / 12 = 0.00625

Step 2: Calculate the total number of payments.
n = 30 years * 12 payments/year = 360 payments

Step 3: Calculate (1 + r)^n.
(1 + 0.00625)^360 ≈ 7.7449

Step 4: Plug the values into the mortgage payment formula and solve for P.
$1,264 = P * (0.00625 * 7.7449) / (7.7449 - 1)
$1,264 = P * (0.048392) / (6.7449)

Now, we solve for P:
P ≈ $1,264 * (6.7449) / 0.048392 ≈ $175,409.49

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In 2019, Mary had the following items:
Salary $30,000
Personal use casualty gain 10,000
Personal use casualty loss (after $100 floor)
Business Casualty Loss 17,000
4,000
Other itemized deductions 21,000
Assuming that Mary files as head of household (has one dependent child), determine her taxable income for 2019. None of the casualty items relate to a Federally declared disaster area. What is Mary’s casualty loss deduction?

Answers

Mary's taxable income for 2019 can be calculated as follows below steps: Therefore, Mary's casualty loss deduction for 2019 is $2,890.

Here Total income = Salary + Personal use casualty gain = $30,000 + $10,000 = $40,000

Adjusted gross income (AGI) = Total income - Personal use casualty loss = $40,000 - ($4,000 + $100) = $35,900

Itemized deductions = Business Casualty Loss + Other itemized deductions = $17,000 + $21,000 = $38,000

Since Mary is filing as head of household, her standard deduction for 2019 is $18,350.

Taxable income = AGI - Itemized deductions - Standard deduction = $35,900 - $38,000 - $18,350 = -$20,450

Mary's taxable income is negative, which means that she has a tax loss for the year. However, since tax losses cannot be used to offset non-business income, Mary's taxable income is considered to be zero for the year.

Mary's casualty loss deduction can be calculated as follows:

Casualty loss deduction = Personal use casualty loss - 10% AGI = ($4,000 - $100) - (10% x $35,900) = $2,890

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If a company has plenty of capacity, it should accept a special order at a discounted sales price if the sales price exceeds the ____A. variable costs B. gross profit C. fixed costs D. contribution margin

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If a company has plenty of capacity, it should accept a special order at a discounted sales price if the sales price exceeds the variable costs.

What is variable cost?

Variable costs are expenses that change in proportion to the level of activity or output of a business. In other words, as the volume of production or sales increases, variable costs also increase, and as the volume decreases, variable costs decrease as well. Examples of variable costs include direct materials, direct labor, and sales commissions.

If a company has plenty of capacity, accepting a special order can be a good decision as long as the incremental revenue from the order exceeds the incremental cost of producing and delivering the order. Therefore, the company should accept the special order if the sales price exceeds the variable costs, as this is the minimum incremental cost that the company would incur to produce and deliver the additional units.

Gross profit and fixed costs are not relevant for this decision since they do not consider the incremental costs of the special order. Contribution margin, on the other hand, is relevant but only if it exceeds the variable costs. Therefore, the correct answer is A. variable costs.

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Complete question is: If a company has plenty of capacity, it should accept a special order at a discounted sales price if the sales price exceeds the variable costs.

Assume a $65,000 investment and the following cash flows for two alternatives.
Year Investment X Investment Y
1 $20,000 $25,000 2 10,000 20,000 3 15,000 25,000 4 40,000 — 5 25,000 — a. Calculate the payback for investment X and Y. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
Investment X= __?__ years
Investment Y= __?__ years

Answers

The payback period for Investment X is 3 years and the payback period for Investment Y is 2 years.

What is payback period ?

Payback period is a financial metric used to measure the length of time it takes for an investment to generate enough cash flows to recover its initial cost. It is calculated by dividing the initial investment by the expected annual cash inflows.

To calculate the payback period for each investment, we need to determine how long it will take for the initial investment to be recovered by the cash inflows.

For Investment X:

Year 1 cash flow = $20,000

Year 2 cash flow = $10,000

Year 3 cash flow = $15,000

Year 4 cash flow = $40,000

Year 5 cash flow = $25,000

Cumulative cash flow after Year 1 = $20,000

Cumulative cash flow after Year 2 = $30,000

Cumulative cash flow after Year 3 = $45,000

Cumulative cash flow after Year 4 = $85,000

Cumulative cash flow after Year 5 = $110,000

Since the initial investment of $65,000 is recovered in Year 3, the payback period for Investment X is 3 years.

For Investment Y:

Year 1 cash flow = $25,000

Year 2 cash flow = $20,000

Year 3 cash flow = $25,000

Cumulative cash flow after Year 1 = $25,000

Cumulative cash flow after Year 2 = $45,000

Cumulative cash flow after Year 3 = $70,000

Since the initial investment of $65,000 is recovered in Year 2, the payback period for Investment Y is 2 years.

Therefore, the payback period for Investment X is 3 years and the payback period for Investment Y is 2 years.

The payback period indicates how long it will take for the investment to pay for itself and become profitable. A shorter payback period is generally preferred, as it means the investment is generating positive cash flows sooner and is less risky. However, payback period does not take into account the time value of money or the cash flows that occur after the payback period, which may result in a less accurate assessment of the investment's profitability.

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When there is more than one sign change in the net cash flow, there may be more than one real-number root to the ROR equation, resulting in multiple i* values. (True or False)

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When there is more than one sign change in the net cash flow, there may be more than one real-number investment root to the ROR equation, resulting in multiple. This statement is False.

A different name for it is the internal rate of return.The internal rate of return, i, is calculated using the real-number root that is obtained by solving the ROR equation using the net cash flow from the investment.The IRR is the interest rate at which all cash flows (inflows and outflows) have a present worth (PW) of zero. Simple cash flows, sometimes referred to as conventional cash flows, are cash flows where the algebraic signs do not change more than once. Cash flows that have multiple algebraic sign changes are considered non-conventional cash flows. When the net cash flow exhibits several sign changes.

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You can change your PivotTable's configuration so that subtotals Select an answer: appear below each subgroup all of these answers are not displayed at all appear above each subgroup

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I understand that you need help with configuring subtotals in a PivotTable. You can change your PivotTable's configuration so that subtotals:

1. Appear above each subgroup
2. Appear below each subgroup
3. Are not displayed at all

To do this, follow these steps:

1. Click on your PivotTable to activate the PivotTable tools.
2. Go to the "Design" tab under "PivotTable Tools" in the Excel toolbar.
3. Click the "Subtotals" button in the "Layout" group.


4. Choose one of the following options:
  a. "Show all Subtotals at Top of Group" to have subtotals appear above each subgroup.
  b. "Show all Subtotals at Bottom of Group" to have subtotals appear below each subgroup.
  c. "Do Not Show Subtotals" to remove subtotals entirely from the PivotTable.

I hope this helps you with configuring your PivotTable subtotals!

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Dubon Consultants works with businesses to identify inefficiencies in their filing and computer system to enhance customer support. Dubon Consultants is an example of a ________ company.
A. marketing
B. manufacturing
C. merchandising
D. service

Answers

Dubon Consultants is an example of a service company. A service company provides services rather than physical goods.

In this case, Dubon Consultants provides consulting services to businesses to improve their filing and computer systems, with the goal of enhancing customer support. They do not manufacture or sell physical goods, but instead provide expertise and guidance to help their clients improve their operations. Dubon Consultants is an example of a D. service company. They work with businesses to identify inefficiencies in their filing and computer system to enhance customer support, which falls under the category of providing services to their clients.

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Northern Telecom markets telephone equipment to businesses throughout North America. In contrast to consumer markets for telephones, one would expect Northern Telecom’s customers:
Question 1 options:
A) to be fewer in number, but make larger purchases.
B) to buy exclusively from a single vendor.
C) to be more widely scattered geographically.
D) to maintain impersonal relationships with suppliers.
E) to seek bundling options with other telecom service providers.

Answers

D) to maintain impersonal relationships with suppliers. This is because business-to-business transactions in the telecom industry tend to be more professional and focused on meeting specific needs rather than building personal relationships.

Northern Telecom is likely to have many customers across different regions, so their relationships with customers are likely to be impersonal rather than intimate.

A) to be fewer in number, but make larger purchases. This is because businesses require a higher volume of telephone equipment to accommodate their employees, departments, and different locations. Additionally, business customers often make larger purchases in order to take advantage of economies of scale and negotiate better prices.

B) It is less likely that businesses will buy exclusively from a single vendor since they have more complex needs that may require multiple vendors to fulfill.

C) Northern Telecom's business customers are likely to be more widely scattered geographically since businesses operate in different locations and regions.

D) Maintaining personal relationships with suppliers is important for businesses to ensure that they receive quality products and services, as well as good prices and delivery times.

E) Businesses may seek bundling options with other telecom service providers to reduce costs and simplify their procurement processes.

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f it is critical that your staff buy into the strategy the team will use in selling the company’s services t

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Yes, It is critical that your staff buy into the strategy the team will use in selling the company's services.

Is it critical that your staff buy into the strategy?

Yes, It is critical that your staff buy into the strategy the team will use in selling the company's services because:

Alignment with goals: When staff understand and support the strategy, they are more likely to work towards achieving the company's objectives.
Increased motivation:

Staff will feel more motivated and engaged when they see the value in the company's services and the strategy being used to sell them.
Effective communication: Staff who are on board with the strategy can better communicate its benefits to potential clients, improving sales success.
Enhanced teamwork: When all team members are committed to the same strategy, collaboration and teamwork will be more effective.
Adaptability: Staff who are familiar with and support the strategy will be better equipped to adapt to any changes or challenges that may arise.

To achieve staff buy-in, it's essential to communicate the strategy clearly, provide training and support, and involve team members in the decision-making process where appropriate. This will help ensure your company's services are successfully marketed and sold.

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Which of the following is not an assumption of perfect competition?
A. many firms
B. many buyers
C. restrictions on entry into the market
D. each firm sells an identical product

Answers

The right response is C. barriers to entry into the market. Businesses operating in monopolistic markets or monopolies must contend with a downward-sloping demand curve.

Are there numerous enterprises in ideal competition?

A market with perfect competition is one with many enterprises and no dominant player. No market is entirely monopolistic or completely competitive in the actual world.

What qualities define the ideal competition firm?

Perfect competition is characterised by three key factors: (1) the absence of any significant market dominance; (2) standardisation of industry output; and (3) freedom of entry and exit. If there is perfect competition, the efficient market equilibrium occurs when marginal revenue and marginal cost are equal.

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Improved robots in the factories make car production cheaper. The supply of cars will

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Improved robots in the factories make car production cheaper. The supply of cars will "shifted to the right".

The production or manufacturing is the process in which the machines create the parts of the cars in the automobile industry from the preparing parts to the final car produced.

The use of improved robots in factories to produce cars can be considered a positive technological advancement in the automobile industry.

The technology leads to increased productivity and lower costs of production, which can lower cost of cars for consumers.

As a result, the supply of cars in the market is likely to increase, shifting the supply curve to the right.

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a project that provides annual cash flows of $2,620 for eight years costs $9,430 today.
a. At a required return of 8 percent, what is the NPV of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
b. At a required return of 24 percent, what is the NPV of the project? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
c. At what discount rate would you be indifferent between accepting the project and rejecting it? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

The question is related to the concept of net present value (NPV) in finance, which is the difference between the present value of cash inflows and the present value of cash outflows over a specified period of time.  NPV will be $539.72 in option (a).

a. To calculate the NPV of the project at a required return of 8 percent, we need to discount each of the annual cash flows and subtract the initial cost of the project:

NPV = -9,430 + (2,620/1.08) + (2,620/1.08²) + ... + (2,620/1.08⁸)

NPV = -9,430 + 2,418.52 + 2,236.56 + ... + 837.52

NPV = $539.71

Therefore, the NPV of the project at a required return of 8 percent is $539.71.

b. To calculate the NPV of the project at a required return of 24 percent, we use the same formula:

NPV = -9,430 + (2,620/1.24) + (2,620/1.24²) + ... + (2,620/1.24⁸)

NPV = -9,430 + 1,466.94 + 1,077.98 + ... - 2,000.61

NPV = -$1,610.53

Therefore, the NPV of the project at a required return of 24 percent is -$1,610.53.

c. To find the discount rate at which we would be indifferent between accepting and rejecting the project, we need to solve for the discount rate that makes the NPV equal to zero:

0 = -9,430 + (2,620/1+r) + (2,620/1+r²) + ... + (2,620/1+r⁸)

Using a financial calculator or spreadsheet, we can find that the discount rate that satisfies this equation is approximately 16.04 percent.

Therefore, we would be indifferent between accepting and rejecting the project at a discount rate of 16.04 percent.

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The following table displays uncertainties in John's monthly income:State Probability(θ) Income (Y) Utility(U)Sick 0.4 2,500 U(2,500)Healthy 0.6 4,900 U(4,900) a. What is John's expected income (expected value of income)?b. Let John's utility function be U-Yas, where Y is John's monthly income. Cal- culate John's expected utility of income (expected value of utility of income). c. Compare the utility of John's expected income and the expected utility of his income. Is John risk averse or not (refer to John's utility function given above)? Explain your answer using a graph, with income on the horizontal axis and utility on the vertical axis. d. Calculate the maximum amount that John is willing to pay to avoid the risk of income loss resulting from becoming sick.

Answers

,John would be willing to pay up to $160 to avoid the risk of income loss resulting from becoming sick.

John's expected income is the weighted average of his income in each state:

(0.4 x 2,500) + (0.6 x 4,900) = 3,540

Therefore, John's expected income is $3,540 per month.

b. To calculate John's expected utility of income, we first need to calculate the utility of income in each state using his utility function:

U(2,500) = 2,500

U(4,900) = 1,900

Next, we can calculate the expected utility of income by taking the weighted average of the utility in each state:

(0.4 x 2,500) + (0.6 x 1,900) = 2,260

Therefroe, John's expected utility of income is 2,260.

c. To compare the utility of John's expected income and the expected utility of his income, we can calculate the utility of his expected income:

U(3,540) = 1,040

Comparing this to his expected utility of income (2,260), we can see that John is risk averse. This is because his utility function is concave, meaning that he values additional income less and less as his income increases. A graph of his utility function would show a curve that starts out steep and then flattens out as income increases.

d. The aximum amount that John is willing to pay to avoid the risk of income loss resulting from becoming sick is equal to the difference between the expected utility of income in the healthy state and the expected utility of income in the sick state:

(0.6 x 1900) - (0.4 x 2,500) = -160

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Identify the correct statement. Select one: a. Savings is not necessary for production because the opportunity cost of production is zero. b. Savings reduces the current production of only consumer goods. c. Savings reduces the current production of only capital goods. d. Savings is necessary for production because production takes time. e. Savings is necessary for production because production is expensive.

Answers

The correct statement is e. Savings are necessary for production because production is expensive

Savings is the amount of money left over after spending and other obligations are deducted from earnings. Savings represent money that is otherwise idle and not being put at risk with investments or spent on consumption.

There are different types of savings accounts to choose from, and they're not all alike. The options include traditional savings accounts, high-yield savings accounts, money market accounts, certificates of deposit, cash management accounts and speciality savings accounts.

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All revenues of the City of Capri are accounted for on the modified accrual basis. Below is shown a list of Capri's General Fund transactions of a revenue nature. State which ones should be recognized by the General Fund as a current revenue in the year of occurrence, Not a revenue or Not a current revenue. 1) Receipt of money from issue of tax anticipation notes. 2) Collection of taxes that had been written off in prior year. 3) Collection of current-year property taxes. 4) Collection of prior years' delinquent property taxes. 5) Receipt of money in prepayment of a property owner's next-year taxes. 6) Collection of accounts receivable for charges for services.

Answers

Transactions 2, 3, 4, and 6 should be recognized as current revenues in the year of occurrence, while transaction 1 is not a revenue, and transaction 5 is not a current revenue.


1) Receipt of money from the issue of tax anticipation notes: Not a revenue. These notes represent borrowing and are not considered a revenue source.
2) Collection of taxes that had been written off in prior years: Current revenue. These taxes were written off but are now collected, and therefore, they should be recognized as current revenue in the year of occurrence.
3) Collection of current-year property taxes: Current revenue. These taxes are collected within the current fiscal year, so they should be recognized as current revenue.


4) Collection of prior years' delinquent property taxes: Current revenue. Even though these taxes are from prior years, they should be recognized as current revenue in the year they are collected.
5) Receipt of money in prepayment of a property owner's next-year taxes: Not a current revenue. These funds are for future taxes and should not be recognized as current revenue.
6) Collection of accounts receivable for charges for services: Current revenue. These collections represent revenue for services provided and should be recognized as current revenue in the year of occurrence.

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true or false: technical, fundamental, and market-based forecasting typically yield similar exchange rate forecasts.

Answers

Technical, fundamental, and market-based forecasting typically yield similar exchange rate forecasts. This, statement is false. Thus, option (b) is correct.

The effectiveness of the forecast is influenced by a number of variables, including the time horizon, the currency pair, and the market conditions, and each technique has strengths and shortcomings of its own.

In order to calculate exchange rates, fundamental analysis concentrates on factors related to the economy, such as inflation, interest rates, and trade balances, whereas technical analysis makes use of historical price and volume data to spot trends and patterns.

Therefore, option (b) is correct.

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If you deposit a $50 check in the bank, the immediate impact on your bank's balance sheet will be a
$50 decrease in reserves and a $50 increase in checkable deposits.
$50 increase in reserves and a $50 increase in checkable deposits.
$50 increase in reserves and a $50 decrease in checkable deposits.
$50 decrease in liabilities and a $50 increase in checkable deposits.

Answers

The impact will be a $50 increase in reserves and a $50 increase in checkable deposits.

When you deposit a check in the bank, the bank adds the amount to your account balance, increasing the checkable deposits. At the same time, the bank increases its reserves, which is the portion of deposits that the bank holds in cash or deposits at the Federal Reserve. This helps the bank meet its reserve requirements and enables it to make loans and invest in securities.

Therefore, the immediate impact on the bank's balance sheet is a $50 increase in reserves and a $50 increase in checkable deposits.

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27, Gwen is n unpaid worker in her family's restaurant. The Bureau of Labor Statistics counts Giwen as A unemployed and not in the labor force B. unemployed and in the labor force. C. employed and in the labor Sorce. D. employed and not in the labor force

Answers

Gwen would be classified as option D: employed and not in the labor force.

This is because she is working for her family's restaurant but is not receiving a wage or salary. Therefore, she is not considered to be actively seeking employment and is not part of the labor force.

The labor force, or currently active population, comprises all persons who fulfil the requirements for inclusion among the employed (civilian employment plus the armed forces) or the unemployed. The employed are defined as those who work for pay or profit for at least one hour a week, or who have a job but are temporarily not at work due to illness, leave or industrial action. The armed forces cover personnel from the metropolitan territory drawn from the total available labor force who served in the armed forces during the period under consideration, whether stationed in the metropolitan territory or elsewhere. The unemployed are defined as people without work but actively seeking employment and currently available to start work. This indicator is seasonally adjusted, and it is measured in persons.

Therefore, the correct answer is option D. employed and not in the labor force.

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Question: Which of these categories describes the largest group of liabilities for banks—by far? a. Demand and long-term deposits b. Trading c. Borrowing.

Answers

The largest group of liabilities for banks by far is generally a) demand and long-term deposits.

These deposits represent the funds that customers have entrusted to the bank, often in the form of checking or savings accounts. Banks use these deposits to make loans and investments, which generate income for the bank. While trading and borrowing can also be significant sources of liabilities for banks, they typically represent a smaller portion of a bank's total liabilities compared to deposits.

Option a) is the correct answer.

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There is a choice to buy a car worth $28,000 with 100% financing at 4.99% APR for 60 month or lease at $450 per month. The car will need maintenance in the 3rd year worth $525 and $825 in the 4th year. The car will have 35% residual value in the 5th year. Sales tax on new car is 6% and required rate of return is 5%.
a) Calculate the Ownership Operating Advantage in year 5.
b) Calculate the Ownership Operating Advantage in year 4.
c) Which option is better?

Answers

There is a choice to buy a car worth $28,000 with depreciation 100% financing at 4.99% APR for 60 month or lease at $450 per month. The correct answer is b) Calculate the Ownership Operating Advantage in year 4.

The car will be worth $7340 after six years.

The formula A = P(1- r/100)n can be used to compute the depreciation, where A is the amount, P is the principal, r is the rate of depreciation, and n is the duration.

The answer to the question states that the car's worth (P) is $28,000.

Depreciation rate (r) is 20% per year for a duration (t) of six years.

the values in the depreciation formula are substituted, and we obtain,

Amount is equal to 28000*

(1 - 20/100)°,

28000*(80/100)°,

28000*(0.80)°,

28000*0.26214,

which equals 7339.92 7340.

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which individual is out of the labor force? ashley is working 2 hours per week. joshua is working 40 hours per week. william is without a job, is able to work, but is not actively looking for work. sandra is without a job, is able to work, and is actively looking for work.

Answers

William is out of the labor force because he is able to work but is not actively looking for work.

Out of the four individuals mentioned, William is the one who is out of the labor force. This is because he is without a job, able to work, but not actively looking for work. The other individuals (Ashley, Joshua, and Sandra) are considered part of the labor force as they are either working or actively seeking employment.

Labor force refers to the group of people who are either employed or not employed who are in search of work. They are important part of the country and play a major role in increasing the economic growth of the country.

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based on the following information: Assume the six-month European call option has a striking price of $0.95/CHF. Assume the option premium is $0.02/CHF What is the breakeven price of this call option? $0.95/CHF $0.93/CHF o $0.97/CHF o cannot be determined

Answers

Based on the given information, the breakeven price of this call option can be calculated by adding the option premium to the striking price. In this case, the striking price is $0.95/CHF and the option premium is $0.02/CHF. Breakeven price = Striking price + Option premium Breakeven price = $0.95/CHF + $0.02/CHF Breakeven price = $0.97/CHF, So, the breakeven price of this call option is $0.97/CHF.

The price at which sales precisely cover all related expenses is known as the break-even point for a good or service. This indicates that at the break-even pricing, a business is neither making a profit nor suffering a loss. By taking into account both fixed costs (like rent and equipment) and variable costs (like labor and raw materials) incurred during the creation and sale of the good or service, the break-even price is calculated.

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How can Sue create context in which Candace will support Bow Wow's strategic objectives? Check all that apply. If certaln employees who tend to be short with customers do not Improve, Sue can give Candace a written reprimand. whenever Sue sees Candace being impatient with a staff member because she is busy and stressed out, Sue can sympathize with Candace to try to help her feel better. Sue can work with Candace to develop measures of how frequently she gives her employees feedback and the response to that feed back Sue can respectfully coach Candace on the impact her impatience has on employee morale and performance

Answers

In order for Sue to create a context in which Candace will support Bow Wow's strategic objectives, she can take several approaches.

One approach is to work with Candace to develop measures of how frequently she gives her employees feedback and the response to that feedback. This will help Candace to be more effective in her role as a leader and to understand the impact that her actions have on employee morale and performance.

Another approach is to respectfully coach Candace on the impact her impatience has on employee morale and performance. By doing so, Sue can help Candace to be more mindful of her behavior and to make positive changes that will benefit the organization.

Additionally, whenever Sue sees Candace being impatient with a staff member because she is busy and stressed out, Sue can sympathize with Candace to try to help her feel better. This will help Candace to feel supported and valued, which can increase her motivation to support Bow Wow's strategic objectives.

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By the property of "more is better," the consumer views the products under consideration as:
A.goods.
B.bads.
C.inferior goods.
D.normal.

Answers

The property of "more is better" indicates that the consumer views the products under consideration as goods. Option b is answer.

This means that the consumer values the product positively and desires more of it, given that other factors like price and availability remain constant. This is the basic assumption of consumer behavior in economics, which states that consumers are rational and strive to maximize their utility by choosing the best combination of goods that meet their preferences and budget constraints.

Option b is answer.

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Edwards and Everett, Inc. had the following items in its capital structure at December 31, 2020:
Common stock options, issued in 2019, exercisable for 22,000 shares, beginning in 2022, at a "strike" price of $20 per share. The cash that would be received from the option-holders from a hypothetical exercise of the options at December 31, 2020 would be sufficient for Edwards & Everett to acquire 13,400 shares of its own common stock (as treasury stock).
Treasury stock, common, 20,000 shares, acquired on November 30, 2019 …...
$
280,000
Additional paid-in-capital ....................................................................................
760,000
Common stock, $10 stated value, issued January 2, 2019
(current market value, $17 per share) ..................................................................
1,200,000
Preferred stock, 10%, $8 par value, convertible into 146,000 common
shares no earlier than 2020, issued at par value on July 1, 2020
(current market value, $8 per share) ....................................................................
1,660,000
Stock warrants, issued in 2019 in exchange for legal services at the company’s formation, convertible into 1,300 shares of common stock at the
discretion of the warrant-holders, but not earlier than 2022. A
hypothetical conversion of the warrants at December 31, 2020 would
require a $14,000 cash payment from the warrant-holders, which would
be sufficient for Edwards & Everett to acquire 300 shares of its own
common stock (as treasury stock)........................................................................
20,000
Edwards & Everett’s net income for 2020 was $783,000; the company’s Board of Directors has not yet declared a dividend for 2020 for the preferred shareholders.
What earnings per share did Edwards and Everett, Inc. report for the year ended December 31, 2020? Prepare a schedule to support your answer.

Answers

For the year ending December 31, 2020, Edwards and Everett, Inc. reported earnings per share of $6.04.

To calculate the earnings per share (EPS) for Edwards and Everett, Inc. for the year ended December 31, 2020, we need to first determine the weighted average number of common shares outstanding.

Common stock outstanding on January 2, 2019 (issued) = $1,200,000 / $10 = 120,000 shares
Common stock options exercisable = 22,000 shares
Treasury stock acquired on November 30, 2019 = (20,000) shares (negative because it is a reduction in outstanding shares)

Weighted average number of common shares outstanding = (120,000 + 22,000 - 20,000) / 2 = 61,000 shares

Next, we need to calculate the net income available to common shareholders. Since there are no dividends declared for the preferred shareholders, we can assume that the entire net income is available to the common shareholders.

Net income available to common shareholders = $783,000

Finally, we can calculate the earnings per share:

EPS = Net income available to common shareholders / Weighted average number of common shares outstanding
EPS = $783,000 / 61,000 shares
EPS = $12.84 per share

Therefore, Edwards and Everett, Inc. reported earnings per share of $12.84 for the year ended December 31, 2020.
To calculate the earnings per share (EPS) for Edwards and Everett, Inc. for the year ended December 31, 2020, we need to calculate.

1. Calculate the weighted average number of common shares outstanding.
2. Calculate the diluted shares due to stock options and warrants.
3. Calculate the net income available for common stockholders.
4. Divide the net income by the weighted average number of shares outstanding (including diluted shares).

1: Calculate the weighted average number of common shares outstanding.
Common stock: $1,200,000 / $10 (stated value) = 120,000 shares

2: Calculate the diluted shares due to stock options and warrants.
Stock options: 22,000 shares (exercise) - 13,400 shares (buyback) = 8,600 shares
Stock warrants: 1,300 shares (conversion) - 300 shares (buyback) = 1,000 shares
Total diluted shares: 8,600 (options) + 1,000 (warrants) = 9,600 shares

3: Calculate the net income available for common stockholders.
Net income for 2020: $783,000
No preferred dividends declared, so no adjustment needed.

4: Divide the net income by the weighted average number of shares outstanding (including diluted shares).
Total shares outstanding: 120,000 (common stock) + 9,600 (diluted shares) = 129,600 shares
Earnings per share (EPS): $783,000 (net income) / 129,600 (total shares outstanding) = $6.04 per share

Answer: Edwards and Everett, Inc. reported earnings per share of $6.04 for the year ended December 31, 2020.

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1. Small enterprises that have a strictly cash-based operation sometimes just use the to record all transactions.
A. Reports B. Invoice form C. Purchase Order form D. check Register
2. One way to use QuickBooks Online to record money coming in to a company is
A. purchase order B. sales reciept C. Bank withdrawl D. none
3. Which transaction types should be recorded using the Bank Deposit form ? A. Cash received from loans. B. Other income . C. Interest earned . D. All of the choices are correct

Answers

1. Small enterprises that have a strictly cash-based operation sometimes just use the check Register to record all transactions. 2. One way to use QuickBooks Online to record money coming in to a company is sales receipt. 3.  All of the choices are correct (Cash received from loans, Other income, and Interest earned) should be recorded using the Bank Deposit form

Small businesses that run entirely on cash may keep track of all transactions, including cash and check payments, in a check register. Businesses can monitor their cash inputs and outflows by using a check register, a document or ledger. Popular accounting program QuickBooks Online can be used to track and manage a business's financial activities. A sales receipt is one way to utilize QuickBooks Online to record money coming into a business. Regardless of the source of the cash, any deposit made to a company's bank account must be documented using the Bank Deposit form. This covers any other sort of deposit as well as funds received through loans (option A), other income (option B), and interest earned (option C). Businesses may precisely record and track their deposits using the bank deposit form, which is crucial for maintaining accurate financial records and controlling cash flow.

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