(a) 2017 cost of goods sold: $1,201,560 (b) 2017 net credit sales: $1,385,800 (c) 2017 net income: $93,042 (d) 2017 total assets at December 31, 2017: $367,890
(a) Average inventory = (181,400 + 206,200)/2 = $193,800 Inventory turnover = Cost of goods sold/Average inventory 6.2 = Cost of goods sold / 193,800
Cost of goods sold = $1,201,560
(b) Average accounts receivable = (134,700+78,500)/2 = $106,600. Accounts receivable turnover = Net Credit sales / Average accounts receivable 13 = Net Credit sales / 106,600
Net Credit sales = $1,385,800.
(c) Average stockholders equity = (Beginning stockholders equity + Ending stockholders equity)/2 = (512,100+521,700)/2 = $516,900
Return on common stockholders equity = Net Income / Average stockholders equity 18% = Net Income/516,900
Net Income = $93,042 Beginning stockholders equity = Common stock + Retained earnings = 404,400+107,700 = $512,100
Ending stockholders equity = Common stock + Retained.
(d) Return on assets = net income divided by average total assets (19 percent) = 93,042
Average total assets = $489,695 Average total assets = (Beginning total assets + Ending total assets)/2 489,695 = (611,500+Ending total assets)/2 Ending total assets = $367,890.
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as mentioned in the text, financial ratio analysis is a key tool used by accounting, auditing, and finance professionals to do all but the following:
Analyzing financial metrics is an important tool that accounting, auditing, and finance professionals use to do more than assess supply chain profitability.
What does financial ratio analysis mean?Financial ratio analysis is the technique of comparing the relationship (or ratio) between two or more financial data from a company's financial statements. It is mainly used to make fair comparisons between different companies and industries over time.
Common financial ratios that every business should track are: 1) liquidity metrics, 2) leverage ratios, 3) efficiency metrics, 4) profitability metrics, and 5) market value metrics.
How to do a financial ratio analysis?The four key financial metrics used to analyze profitability are: Net benefit margin = net benefit divided by sales. Return on assets = net income divided by assets. Total Profitability = EBIT divided by total assets. Return on equity = net earning divided by equity capital.
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Micromax sells personal computers that include a two-year warranty as well as free Web-based tech services for the software installed on the computer. The product offered by Micromax is a(n) ______
mix of both goods and services.
Micromax sells personal computers that include a two-year warranty as well as free Web-based tech services for the software installed on the computer. The product offered by Micromax is a(n) mix of both goods and services.
In the field of business, goods can be described as the particular product that we sell. On the other hand, services are the facilities that we offer. Normally, a service or a good can be sold separately or together.
In the scenario mentioned in the question, Micromax is selling a good which is a personal computer. The two-year warranty as well as the software installed for web-based tech are the services that he is offering.
Hence, in the above case, Micromax is selling both goods as well as services.
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On May 16, 20X1. Safeway Company received a 90-day, 8 percent. $9.800 interest-bearing note from Black Company in settlement of Black's past-due account. On June 30, Safeway discounted this note at Fargo Bank and Trust. The bank charged a discount rate of 13 percent. On August 14, Safeway received a notice that Black had paid the note and the interest on the due date. Required: Prepare the entries in general journal form to record these transactions. Analyze: If the company prepared a balance sheet on July 31, 20X1. how should Notes Receivable-Discounted be presented on the statement? Prepare the entries in general journal form to record these transactions. (Use 360 days a year. Round your intermediate calculations and final answers to 2 decimal places.) View transaction list Journal entry worksheet 1 2 3 > Record entry for a 90-day, 8% note accepted for past-due account. Note: Enter debits before credits. Date General Journal Debit Credit May 16, 20X1 Record entry Clear entry View general Journal Journal entry worksheet < 1 2 3 Record the entry for discounting the 90-day note at 13% Note: Enter debits before credits. Date General Journal Debit Credit June 30, 20X1 Record entry Clear entry View general journal Journal entry worksheet < 1 N 3 Record payment of discounted note receivable. Note: Enter debits before credits. Date General Journal Debit Credit Aug 14, 20X1 Record entry Clear entry View general journal Safeway Company Balance Sheet (Partial) July 31, 20X1 < General Journal Analyze
Interest-bearing Notes is the term used to describe a collection of US Treasury paper money-related emissions from the Civil War era. The grouping comprises the one- and two-year notes
issued in the denominations of $10, $20, $50, $100, $500, and $1000 that were permitted by the Act of March 3, 1863. These notes paid interest at a 5% annual rate, were legal tender at face value, and bore interest at a 5% annual rate. The early civil war treasury notes, which matured in either sixty days or two years and carried interest at 6%, and the seventy-thirties, which matured in three years and bore interest at 7.3%, though none of these latter issues had legal tender status, are also commonly included in the grouping. [2] Compound interest treasury notes are sometimes included in reference books used by coin collectors.
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the residual value for a leased asset multiple choice question. is the fair value of the asset at the end of its useful life. is the fair value of the asset at the beginning of the lease. normally belongs to the lessee. is the expected fair value of the at the end of the lease. is normally zero in a short-term lease.
The residual value for a leased asset: is the expected fair value of the asset at the end of the lease. Therefore, the correct option is D.
The residual value of a leased asset is the asset's anticipated fair value at the end of its lease period. It is a key aspect in determining lease payments and the overall cost of the lease. The larger the residual value, the lower the lease payments are going to be.
The residual value is an estimate of what the asset is estimated to be worth once the lease time is finished, and it is used to calculate the asset's depreciation or amortization during the lease term.
Thus, the ideal selection is option D.
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The complete question might be:
the residual value for a leased asset multiple choice question.
A is the fair value of the asset at the end of its useful life.
B is the fair value of the asset at the beginning of the lease.
C normally belongs to the lessee.
D is the expected fair value of the at the end of the lease.
E is normally zero in a short-term lease.
_____ is the process of gathering, consolidating, updating, and enhancing the information about customers that resides in an organization's database.
The correct response is Data management, a process of obtaining, combining, updating, and improving the customer and prospect information that is stored in a company's database.
As a Company is required to comply with an increasing number of regulatory obligations, including data privacy and protection regulations like GDPR and the California Consumer Privacy Act, data management has also become more crucial.
One essential aspect of data management is database administration. After databases are set up, performance monitoring and tweaking must be done to ensure acceptable response times on database queries that users run to access the data stored in them.
A company’s Environment can become cumbersome and challenging to traverse without effective data management.
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salespeople may use their buyers' public web sites as sources of information when classifying accounts and analyzing their territories. True or False
Answer:
true
Explanation:
crm systems can raise security and ethical concerns for customers. which of the following is one of those concerns?
CRM systems may cause clients to worry about the privacy and morality of their personal information.
CRM is a tool that organizes all of your business's interactions and connections with prospective and current customers. A better business environment is the simple objective. Businesses can boost productivity, process efficiency, and client retention using a CRM system.
What 3 categories of CRM are there?
CRM systems come in three different flavors: operational, analytical, and collaborative.
Describe CRM and ERP.
Enterprise resource planning (ERP) and customer relationship management (CRM) software are effective tools that may be used by businesses and other organizations. CRM manages the data for selling, advertising, and client service.
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Social epidemiology is:
A) the total number of cases of a specific disorder that exist at a given time.
B) the total number of communicable diseases that exist at a given time.
C) the study of the distribution of disease, impairment, and general health status across a population.
D) the total number of cases of infant deaths for a given population during a specific period of time.
Social epidemiology is the study of the distribution of diseases, disorders, and general health in populations.
What is epidemiology for?The term epidemiology has its roots in studying what is happening to populations. Epidemiology uses mortality and morbidity to study disease in populations. Epidemiology is concerned with the possibility of controlling the spread of diseases that affect large numbers of people. Blood pressure, anxiety, depression, and obesity are some common epidemiological examples.
What is the nature of social epidemiology?The term social epidemiology refers to the branch of epidemiology that studies how social interactions and social conditions affect population health. Researchers in this field take the view that health and disease are multifactorial and affect their hosts on many levels.
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assume the following: beginning finished goods inventory $ 6,000 ending finished goods inventory $ 14,000 underapplied overhead $ 3,000 adjusted cost of goods sold $ 53,000 what is the cost of goods manufactured
O $56,400 O $65,600 O $49,600 O $57,600
Consider what follows: Underapplied overhead of $3,000, beginning completed goods inventory of $6,000, ending finished goods inventory of $14,000, and adjusted cost of goods sold of $53,000. The price of producing the goods will be $57,600.
The phrase "cost of goods sold" refers to the direct costs a business incurs in producing the products it sells. The cost of the supplies and labour utilised directly to make the item is also included in this total. It doesn't include indirect expenses like those related to the sales team and distribution.
The COGS category includes costs that vary depending on how much product is produced, such as labour and raw materials. Indirect expenses that the business must cover whether or not there is production are not included. Gross profit, a metric of profitability, assesses how effectively a business manages its labour and resources throughout the production process.
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suppose both consumers are consuming positive amounts of both goods, that consumer a has a marginal rate of substitution between the two goods of -3 , and that this is known to be a pareto efficient allocation. consumer b's marginal rate of substitution between these two goods must be . (use a negative sign in your answer if necessary.)
Consumer b's marginal rate of substitution between these two goods must be -4
In pure exchange in economy pareto efficient allocations are those allocations at which Marginal rate of Substitutions of the consumers are equal.
Here Marginal Rate of substitution = -4 and that allocation is pareto efficient.
As allocations are pareto efficient when Marginal Rate of substitution of A = Marginal Rate of substitution of B
Hence, Marginal Rate of substitution of B = -4
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prance, inc., earned pretax book net income of $1,881,000 in 2021. prance acquired a depreciable asset that year, and first-year tax depreciation exceeded book depreciation by $188,100. prance reported no other temporary or permanent book-tax differences. the pertinent u.s. federal corporate income tax rate is 21%, and prance earned an after-tax rate of return on capital of 4%. enter below prance's 2021 deferred tax benefit or expense and any deferred tax asset or liability.
Deferred Tax liability is $395,010.
Pretax income, additionally called earnings before tax or pretax earnings, is that the net income earned by a business before taxes ar subtracted/accounted for. Pretax income, however, accounts for deductions associated with in operation expenses, depreciation, and interest expenses.
Depreciable asset is usually an asset used for generating financial gain or profit and contains a helpful lifetime of quite a year and step by step reduces in worth over time. it's a kind of physical asset that's capable of depreciation treatment below tax laws in accordance with the interior Revenue Service rules.
The question is incomplete, find the complete question here
prance, inc., earned pretax book net income of $1,881,000 in 2021. prance acquired a depreciable asset that year, and first-year tax depreciation exceeded book depreciation by $188,100. prance reported no other temporary or permanent book-tax differences. the pertinent u.s. federal corporate income tax rate is 21%, and prance earned an after-tax rate of return on capital of 4%. enter below prance's 2021, in balance sheet, Deferred Tax liability:
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Suppose Raul has budgeted $100 of his monthly income toward two goods: t-shirts and jeans. If the price of a pair of jeans is $20 and last month he spent his $100 on a bundle containing 2 pairs of jeans and 12 t-shirts, which of the following is another point on Raul's budget line?a. 3 pairs of jeans and 6 t-shirtsb. 1 pair of jeans and 15 t-shirtsc. 3 pairs of jeans and 16 t-shirtsd. 0 pairs of jeans and 20 t-shirtsd. 0 pairs of jeans and 20 t-shirts
Another point on Raul's budget line is 3 pairs of jeans and 6 t-shirts.
A budget line shows all the possible combinations of two goods that a person can afford to purchase with a given amount of money. In this case, Raul has budgeted $100 for t-shirts and jeans, and the price of a pair of jeans is $20. This means that Raul can afford to buy 100 / 20 = 5 pairs of jeans.
If last month Raul spent his $100 on a bundle containing 2 pairs of jeans and 12 t-shirts, then we know that the price of a t-shirt must be $100 / (2 pairs of jeans + 12 t-shirts) = $5. This means that Raul can afford to buy 100 / 5 = 20 t-shirts.
Therefore, another point on Raul's budget line is 3 pairs of jeans and 6 t-shirts, because 3 pairs of jeans * $20/pair = $60 and 6 t-shirts * $5/shirt = $30, which is equal to Raul's budget of $100.
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many u.s. companies that rely on china fo production are rethinking their production strategies. the integration and coordination of logistics, purchasing, operations, and market channel
The integration and coordination of logistics, purchasing, operations, and market channel as supply chain management.
The primary management of the flow of products and services is supply chain management (SCM), which includes all the processes that turn raw materials into completed items. By streamlining the supply chain, businesses may cut back on wasteful spending and deliver items to clients more swiftly and efficiently.
Systems for effectively managing the supply chain cut down on costs, waste, and production cycle time. The industry norm is now a just-in-time supply chain, where retail sales instantly convey replenishment orders to manufacturers.
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Planned Obsolescence has a product that will be in vogue for 3 years, at which point the firm will close up shop and liquidate the assets. As a result, forecast dividends are DIV1 = $11.50, DIV2 = $12.00, and DIV3 = $27.50.
What is the stock price if the discount rate is 11%? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Broadly speaking, prices in the inventory market are pushed by means of provide and demand. This makes the inventory market comparable to other monetary markets.
When a inventory share is sold, a client and seller exchange cash for share ownership. The fee for which the stock is bought turns into the new market price.
What is modern-day inventory price?Current charge is the most current price at which a safety was once offered on an exchange. Current price serves as a baseline for customers and sellers. Current charge is an indicator of modern value, but the actual price of the subsequent sale might also be greater or lower relying on furnish and demand.
Why share expenses are falling?The rate of a share modifications because there may be a trade in the provide and demand equilibrium. When the demand for a stock is high but furnish low, it reasons the charge of those shares to rise. Similarly, if the provide is high, but the demand is low, the share fee decreases.
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https://brainly.com/question/28539863#SPJ4Shopping for a new car right after college, you are comparing car H, and car F. Suppose you strictly prefer a "cheaper" car. Car H costs $25,000 upfront (year 0) and requires an annual maintenance and gas cost of $2,000 per year. Car H has a reputation for being reliable and can last 15 years; at the end of year 15, you can trade-in car H for $5,000. • Car F costs $21,000 upfront and requires a yearly maintenance and gas cost of $2,250 per year. Car F is fun to drive, but it can only last ten years; at the end of year 10, you can trade-in car H for $3,000. 1. Assume you are using an annual discount rate of 5%. What's the total cost, in terms of the present value, of owning car H and car F, respectively? Which car is cheaper to own on a per-year basis? 2. Re-do the previous question by assuming a discount rate of 15%. Which car do you prefer now? Provide some intuition. 3. At what discount rate are you indifferent between car H and car L
In both cases Car H is cheaper to own on a per-year basis, and the person would prefer Car H.
Define Discount.A corporation will give a product or service at a reduced price as a sales discount. Learn the steps for adding discounts to invoices. A sales discount, sometimes referred to as a "discount," provides customers with a cheaper price on one or more of the products or services being offered by a firm.
(1) Total cost of H with 5% discount is $40215.64
Total cost of F with 15% discount is $48164.40
Car H is cheaper
(2) Total cost of H with 5% discount is $33033.78
Total cost of F with 15% discount is $37309.21
Car H is cheaper
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In 2019, Alliant Corporation acquired Centerpoint Inc. for $422 million, of which $62 million was allocated to goodwill. At the end of 2021, management has provided the following information for a required goodwill impairment test: Fair value of Centerpoint Inc. $ 330 million Book value of Centerpoint’s net assets (excluding goodwill) 298 million Book value of Centerpoint’s net assets (including goodwill) 360 million Required: 1. Determine the amount of the impairment loss. (Negative amount should be indicated by a minus sign. Enter your answer in millions (i.e., 10,000,000 should be entered as 10)). 2. Determine the amount of the impairment loss assuming that the fair value of Centerpoint is $392 million. (Enter your answer in millions (i.e., 10,000,000 should be entered as 10)).
1 Impairment Loss ... million
2 Impairment Loss ... million
the answer of the first point is Impairment loss = $ 32 Million and the for the second point is no Impairment loss.
When an asset's book value exceeds its recoverable value, an impairment cost must be recorded as an expense. Asset impairment refers to a decline in an asset's quality, strength, or value. Long-lived assets like buildings, land, machinery, and equipment are considered fixed assets, also referred to as PPE (Property, Plant & Equipment). These assets are more prone to face impairment, which can be brought on by a variety of circumstances. The International Accounting Standards Board (IASB) first addressed asset impairment in IAS 16, which went into effect in 1983. IAS 36 took its position as of July 1999.
The Financial Accounting Standards Board (FASB) introduced the idea in United States GAAP in 1995 with the publication of SFAS 121.
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problem 8-10 what is the required return on an investment with a beta of 1.2 if the risk-free rate is 1.2 percent and the return on the market is 8.1 percent? round your answer to two decimal places. % if the expected return on the investment is 14.4 percent, what should you do? since the expected return -select- than the required return, the individual -select- make the investment.
The risk-free rate of return, sometimes abbreviated to the "risk-free rate," is the rate of return on a fictitious investment with predetermined payments over a predetermined period of time.
that is presumed to fulfill all financial obligations. [1] [failed to verify] Any other investment with some risk will need to have a greater rate of return in order to persuade investors to hold it since the risk-free rate can be acquired with no risk. Market investors frequently use the yield to maturity on a risk-free bond issued by a government of the same currency, whose risks of default are so minimal as to be negligible, in practice, to deduce the risk-free interest rate in a given currency.
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Cullumber Corporation sells rock-climbing products and also operates an indoor climbing facility for climbing enthusiasts. During the last part of 2025 , Cullumber had the following transactions related to notes payable. Sept. 1 Issued a
$14,400
note to Pippen to purchase inventory. The 3-month note payable bears interest of
6%and is due December 1. (Cullumber uses a perpetual inventory system.) Sept. 30 Recorded accrued interest for the Pippen note. Oct. 1 Issued a
$20,400,8%
, 4-month note to Prime Bank to finance the purchase of a new climbing wall for advanced climbers. The note is due February 1. Oct. 31 Recorded accrued interest for the Pippen note and the Prime Bank note Nov. 1 Issued a
$25,200
note and paid
$8,500
cash to purchase a vehicle to transport clients to nearby climbing sites as part of a new series of climbing classes. This note bears interest of
8%
and matures in 12 months. Nov. 30 Recorded accrued interest for the Pippen note, the Prime Bank note, and the vehicle note. Dec. 1 Paid principal and interest on the Pippen note. Dec. 31 Recorded accrued interest for the Prime Bank note and the vehicle note.
Rock climbing gear is sold by Cullumber Corporation, which also runs a facility for indoor climbing. Towards the end of 2025.
What are the acquired interests?Interest due on October 31st =(15600*7%*1/12 + 18000*8%*1/12) = 211.
Interest due on November 30th=(15600*7%*1/12) + (18000*8%*1/12) + 25200*8%*1/12, or 379.
What is Payable Interest?The amount of interest expenditure that has accrued to date but has not been paid as of the balance sheet date is represented by the liability account known as Interest Payable on a company's balance sheet.The cost and accrued interest must be recorded in your books. Debit your Interest Expense account and credit your Accrued Interest Payable account to reflect the accrued interest for a given accounting period. An illustration of Interest Due A company pays interest to a lender on a $1,000,000 loan with a 6% interest rate.
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proceeds from an issue of debt securities having stock purchase warrants should not be allocated between debt and equity features when group of answer choices exercise of the warrants within the next few fiscal periods seems remote. the market value of the warrants is not readily available. the warrants issued with the debt securities are non-detachable. the allocation would result in a discount on the debt security.
The debt securities' accompanying warrants are nondetachable. A stock warrant is a form of derivative that entitles the holder to purchase shares of a firm for a predetermined price within a predetermined time frame or on a predetermined date.
They are frequently distributed by businesses as a means of capital raising, employee rewards, hiring, or retention strategies. While a stock warrant and a stock option are similar in many ways, there are significant variations in their functions, eligibility requirements, and taxation. Let's examine stock warrants in detail and discuss how you may profit from them. Your financial plan's other investment decisions and when to act on a stock warrant might be guided by a financial counselor. A stock warrant is a legal agreement between a firm and a person. It grants the holder the right to trade shares of that firm at a specified price on or before a specified date.
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rint advertisement providing survey evidence that the company is better than others is an example of the
Word-of-mouth advertising is considered the most effective form. It has the desired qualities of strong credibility, high audience attention levels, and friendly audience reception.
Marketing strategies used by businesses to encourage customers to express their levels of satisfaction with their services or goods are referred to as word-of-mouth marketing. These tactics include gifts, competitions, and sponsored influencers. Brand loyalty programs reward consumers for returning business and provide them forums to express user feedback. Word-of-mouth marketing is a strategy used to encourage casual conversations and referrals for a service or business. Essentially, the purpose of this kind of marketing is to encourage consumers to talk about your brand, item, or company. In essence, WOMM is unpaid endorsement of a brand by a consumer as a result of a favorable interaction.
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A type of lease that applies to an entire area of a building and allows for short-term subleasing is a:
A master lease is a sort of lease that covers the whole space of a building and permits momentary subleasing.
What is a lease?A lease is a legal agreement that requires the user to pay the owner in exchange for using a certain item. Common assets that are leased include real estate, construction projects, and cars. Equipment for businesses or industries is also leased. A leasing agreement is essentially a contract between the lessor and the lessee.
Both the seller and the buyer of the property win in a sale-leaseback deal. The flexibility to release balance sheet capital invested in a real estate asset to finance business expansion, lower debt, or return cash to investors is advantageous to the seller/lessee.
Therefore, A master lease is a type of lease that applies to the entire building's space and allows for brief subleasing.
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in the united states, if there is a decrease in the expected inflation rate of 2%, then the short-run phillips curve will and the actual inflation rate will .
The Phillips curve illustrates that there is an inverse relationship between unemployment and inflation in the short run, but not the long run. The economy is always operating somewhere on the short-run Phillips curve (SRPC) because the SRPC represents different combinations of inflation and unemployment.
In arithmetic, an aggregate is a selection of gadgets from a set that has awesome individuals, such that the order of selection does no longer matter (not like variations). as instance, given three end result, say an apple, an orange and a pear, there are three combos of that can be drawn from this set: an apple and a pear; an apple and an orange; or a pear and an orange. greater officially, a k-aggregate of a fixed S is a subset of k wonderful elements of S. So, mixtures are identical if and best if every combination has the same members. (The association of the contributors in each set does now not count number.) If the set has n elements, the wide variety of okay-mixtures, denoted.
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megan wants to purchase a type of whole life insurance policy that will allow part of her premium to be invested in stock, bonds, or money market funds. which of the following policies should she buy?
Whole lifestyles insurance ensures payment of a dying benefit to beneficiaries in trade for level, regularly-due premium payments.
The coverage consists of a financial savings portion, referred to as the “cash value,” alongside the loss of life benefit. In the savings component, activity may accumulate on a tax-deferred basis.
What are the dangers of a total life insurance plan policy?Cons of Whole Life Insurance
Whole existence is tons more highly-priced than term life and normally more pricey than established lifestyles insurance. Whole lifestyles is a long-term investment, and it can take years to build up your cash value.
Whole lifestyles insurance plan builds money value, gives permanent coverage, and can assist construct your family's wealth over the lengthy term. These policies also offer greater ensures than other sorts of coverage, making them an choice to reflect onconsideration on for many people.
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https://brainly.com/question/30048613#SPJ4Tom Smith is the marketing manager of Food Lion, a chain of grocery stores in North Carolina. Each year, Tom is required to make a decision on whether the current advertising campaign needs to be revamped to generate the sales targets for the year. In order to help him arrive at a decision, Tom reads up on latest shopping trends of buyers, observing buying habits of customers, and reviewing daily sales figures. In this scenario, Tom is _____.
a. monitoring the decision environment
b. defining the decision problem
c. specifying decision objectives
d. diagnosing the problem
monitoring the decision environment
In order to help him arrive at a decision, Tom reads up on latest shopping trends of buyers, observing buying habits of customers, and reviewing daily sales figures. In this scenario,Tom is specifying decision objective.
Tom consults his friends and searches the internet for good deals and sales before making a dishwasher purchase.Tom is conducting information research for the purpose of consumer decision-making.The steps in a consumer's decision-making process include activities that help him decide what to buy. There are 5 steps in the consumer decision-making process, including
1.Problem identification
2.Finding information
3. An alternative assessment
4. Purchasing choice
5. Post-purchase assessment
Before deciding to buy a product, a consumer must identify a need or problem.To be able to choose the direction of his subsequent step in the decision-making process, a consumer needs to be aware of what he want
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the manager of a company situated in the country of aria lost a business deal with a company situated in the country of iota. the arian manager complained to the iotan higher-level executives when he couldn't obtain information from his counterparts in iota. the higher-level iotan executives were offended by his behavior. the arian manager was surprised since hierarchy was never a matter of concern in his country. in the context of the given scenario, which of the following statements is true?
The manager of a company situated in the country of Aria lost a business deal with a company situated in the country of Iota. Due to the higher-level iotan executives were offended by his behavior.
The business deal, the deal in which the two parties or companies can work together on the particular project to earn profit and increase the business operation.
The business deal is also done between two parties for the development and innovation that the company will able to do the innovative operation.
To make business deal, the behavior and communication is the key to make the deal possible. That's why, the manager lost a business deal with a company situated in the country of Iota.
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https://promotion, layoff, and retirement policies are typically contained in:/92489636/practice-questions-flash-cards/
Promotion, layoff, and retirement regulations are normally contained in union contract (settlement).
What's the maximum critical part of union settlement?Labor union contracts are multiyear, bilateral agreements among the exertions union and the employer. Union settlement codifies the terms and situations of employment for union members, in addition to the employer's responsibilities.
Employee blessings are one of the maximum critical factors of union contracts. These blessings can consist of fitness coverage, holiday time, dental or imaginative and prescient coverage, pensions and lifestyles coverage
How lengthy do union contracts last?Union contracts normally expire after 3-4 years (relying on what period of time you and the organization agree on together), so usually negotiations start whilst an old settlement is on the brink of expire.
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certain balance sheet accounts of a foreign subsidiary of orchid company have been stated in u.s. dollars as follows:
Using the subsidiary’s functional currency 1. $490,000, 2. $481,000
The primary currency in which a business transacts is called a functional currency. The foreign currencies must be converted into the functional currency because businesses deal in a variety of currencies but only report their financial statements in one.
1. The computation of the total currency which is included in the balance sheet is shown below: = Accounts receivable + Accounts receivable, long term + Land + Patents = $215,000 + $118,000 + $63,000 + $94,000 = $490,000 In this the land and patents are recorded in the historical rates
2. The computation of the total amount which is included in the balance sheet is shown below: = Accounts receivable + Accounts receivable, long term + Land + Patents = $215,000 + $118,000 + $59,000 + $89,000 = $481,000, In this all items are recorded in the current rates
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Complete Question:
Stated at Current Rates Historical Rates
Accounts receivable, current $ 215,000 $ 235,000 '
Accounts receivable, long term 118,000 125,000
Land 59,000 63,000Patents 89,000 94,000
Total 481,000 517,000
1. This subsidiary’s functional currency is the U.S. dollar. What total should Orchid’s balance sheet include for the preceding items?
2. This subsidiary’s functional currency is foreign currency. What total should Orchid’s balance sheet include for the preceding items?
Check all answers that apply. Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the box once to place a check mark. For incorrect answer(s), click the option twice to empty the box. Which of the following are arguements that are given to support trade barriers? O To increase exports. Foreign firms can pay lower wages. O To increase employment domestically. O To increase employment abroad.
O To prevent dumping.
The arguments in support of trade barriers are A: to increase exports C: to increase employment domestically D: to increase employment abroad.
A trade barrier refers to government-imposed constraints or restrictions on the flow of international products and services. Those constraints are sometimes obvious but are most often subtle and non-obvious. Trade barriers are often imposed in order to protect industries and workers within a country. It can be said that trade barriers can help to increase exports as well as employment rates both domestically and abroad.
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which of the following requires an agent to follow the instructions of the principal using reasonable care and skill in performance of the job?
According to the duty of care, an agent must carry out the principal's instructions with reasonable care and skill.
What does it mean to have a "duty of care"?The phrase "duty of care" describes a situation in which you owe it to other people to protect their health, safety, and well-being. It can be used to describe actions such as upholding secure working conditions and offering constructive criticism.
In California, the phrase "duty of care" refers to the legal obligation to take reasonable efforts to avoid harming others. In California, a plaintiff must show both of the following in order to succeed in a personal injury lawsuit: (1) that the defendant owes them a duty of care; and (2) that the defendant breached that duty.
What obligations does the agent have to the principal?The main responsibilities of an agent include acting on behalf of and being under the control of the principle, acting within the parameters of the principal's assigned authority or power, and discharging those responsibilities with due care and diligence.
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ffect of transactions on cash flows state the effect (cash receipt or cash payment and amount) of each of the following transactions, considered individually, on cash flows: retired $260,000 of bonds, on which there was $2,600 of unamortized discount, for $270,000. sold 7,000 shares of $20 par common stock for $42 per share. sold equipment with a book value of $48,100 for $69,300. purchased land for $309,000 cash. purchased a building by paying $81,000 cash and issuing a $90,000 mortgage note payable. sold a new issue of $320,000 of bonds at 99. purchased 4,400 shares of $15 par common stock as treasury stock at $29 per share. paid dividends of $2.40 per share. there were 18,000 shares issued and 3,000 shares of treasury stock. line item description effect amount a. $fill in the blank 2 b. $fill in the blank 4 c. $fill in the blank 6 d. $fill in the blank 8 e. $fill in the blank 10 f. $fill in the blank 12 g. $fill in the blank 14 h. $fill in the blank 16
The effect is cash payment and the amount is 3,32,500 is the correct answer among the options.
What Is Money?Money or coins that are legal tender can be used to pay for goods, debts, or services. Additionally, as stated by a corporation, it occasionally includes the worth of assets that can be quickly converted into cash.
Is money an asset?In a nutshell, yes—cash is the top item on a company's balance sheet and a current asset. The easiest way to acquire other assets is by using cash, which is the most liquid sort of asset. The simplicity with which an asset can be turned into cash is known as liquidity.
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