Cadet Votcher failed to inform Cadet Strauss when he failed to meet Air Force fitness standards, but Captain Wilson held him accountable because it is a requirement for field training.
Bodily fitness standards assist make sure that humans continue to be bodily energetic and might carry out regular responsibilities. for instance, standards help human beings understand how an awful lot they have to be able to elevate, how rapid they ought to run, and how long they should be able to stay active before turning into exhausted.
Health includes activity of some type that stimulates various structures of the frame and keeps a sure circumstance within the body. fitness, however, includes each gadget of the frame and is best done thru a way of life that supports health.
Physical fitness may be described in two classes: health associated and motor related. The fitness associated components of physical fitness are of splendid significance due to the fact they make an character in shape, practical and effective for everyday living.
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T/F: The rate of interest specified in a bond contract as the interest rate to be paid by the company to investors in the bond is known as the market rate.
"The rate of interest specified in a bond contract as the interest rate to be paid by the company to investors in the bond is known as the market rate." This statement is True.
A bond represents a promise through a borrower to pay a lender their primary and normally interest on a mortgage. Bonds are issued by way of governments, municipalities, and agencies. A bond among human beings is a sturdy feeling of friendship, love, or shared ideals and reports that unites them. The revel in created a totally unique bond between us. [ + between].
There are numerous classes of bonds: Treasury securities are issued with the aid of the federal government; municipal bonds are issued with the aid of states and nearby governments; and company bonds are issued by means of organizations. other styles of bonds include high-yield bonds, corporation securities, and asset-backed securities.
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taxpayers whose only unearned income consists of qualified dividends and capital gain distributions reported to them on form 1099-Dlv generally compute the amount of tax on this income using A. form 8949, sales and other dispositions of Capitals assets B. The qualified Dividends and capital gain tax worksheet C. The schedule D Tax worksheet D. The tax tables
The taxpayers who report on form 1099-Dlv generally compute the amount of tax on the income using the qualified Dividends and capital gain. The Option B is correct.
What is the form 1099-Dlv?In U.S., the Form 1099-DIV are used by banks and other financial institutions to report dividends and other distributions to taxpayers and to the IRS. Its shows the dividends received, taxes withheld, non-dividend distributions, capital gains distributions, investment expenses and certain other types of gains.
By using Form 1099-DIV, the dividends and distributions is sent to investors who receive distributions from any type of investment during a calendar year.
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the employees of home depot are experienced craftspeople who enjoy giving their customers advice about do-it-yourself projects. the employees' advice increases the of their goods.
The employees of Home Depot are experienced craftspeople who enjoy giving their customers advice about do-it-yourself projects. The employees’ advice increases the information of their goods.
As a employee, there is no one right way to deal with customers. Being sincere and eager to assist the client in finding what they require is the most crucial aspect. Customers are able to tell when someone is merely trying to sell them something or actually wants to be of assistance.
Any sales contact will inevitably involve some back-and-forth, but as long as the salesman is patient and respectful, they will typically be able to reach a satisfactory compromise.
The question is incomplete, the complete question is :
The employees of Home Depot are experienced craftspeople who enjoy giving their customers advice about do-it-yourself projects. The employees’ advice increases the _____ of their goods.
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In the simple deposit expansion model, when the required reserve ratio is equal to 10 percent, a contraction in checkable deposits of $5,000 implies that the Federal Reserve _____________
A) sold $100 in government bonds. B) sold $500 in government bonds. C) purchased $100 in government bonds. D) purchased $500 in government bonds.
The correct option is B. In the simple deposit expansion model, when the required reserve ratio is equal to 10 percent, a contraction in checkable deposits of $5,000 implies that the Federal Reserve sold $500 in government bonds.
The purchase of government bonds by the Fed leads to a rise of reserve with the bank and marketing of bonds leads to a rise within the reserve with the bank. And money reserve decreases by two hundredth of $500 if there's a decline within the checkable deposit of $500.
The open market operations square measure the one within which the financial institution of the country buys or sell government securities to the banks or general public. The open market operations with the bank square measure created to have an effect on the reserve maintained by the bank, this method indirectly affects the disposal capability of the bank.
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retailers that receive an online order and ship the product from a store's inventory, refer to the store as a . group of answer choices hub demand network cash cow fullfillment center
Retailers that receive an online order and ship the product from a store's inventory, refer to the store as a fulfilment center.
Hence, Option D is correct
A retailer is a person or establishment where you buy products. Typically, retailers don't produce their own goods. They buy products from a producer or a wholesaler and then sell them in tiny quantities to customers.A retailer, sometimes known as a merchant, is an organization that sells products such as apparel, groceries, or automobiles to customers directly through a variety of distribution methods in an effort to make a profit. This business may be located offline or online.To know more about Retailers here
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Which of the following is a good tool for planning the verbal and visual components of a collaborative presentation?
a. a Web-based application b. PowerPoint SmartArt c. a flowchart d. a Gantt chart e. a storyboard
The answer is B. The visual and verbal elements of a collabrative presentation can be planned with PowerPoint SmartArt.
What might a presentation gain from collaboration?In order to get the finest results, a team must work collaboratively so that each member can express their thoughts, learn how their teammates think, & riff on novel ideas. Employees are more likely to contribute their knowledge through collaboration, and they also pick up new skills from one another in the process.
Which 4 forms of cooperation are there?The four primary categories of collaboration that are currently recognized (Coalitions, Investments, Invention Networks, and Ecosystems) are briefly described here, along with an explanation of their respective significance.
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The spot rate for the Argentine peso is $0.3600 per peso. Over the year, inflation in Argentina is 10 percent and U.S. inflation is 4 percent. If purchasing power parity holds, at year-end the exchange rate should be approximately ______________ dollars per peso.
a) 0.3015
b) 0.2987
c) 0.3614
d) 0.2875
e) 0.3384e
The exchange rate should be approximately 0.340364 dollars per peso.
Spot rate = 1 Argentina Peso = $0.3600
Inflation in Argentina = 10 %
U.S. inflation = 4 %
Hence Expected rate =
1Peso (1.10) = $0.3600(1.04)
Hence
1 Peso = $0.3600(1.04) / 1.10
1 Peso = 0.340364
What Is the Spot Rate?
The spot rate is the price quoted for immediate settlement on an interest rate, commodity, a security, or a currency. The spot rate, also referred to as the "spot price," is the current market value of an asset available for immediate delivery at the moment of the quote.
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using the direct method, pone hill company allocates janitorial department costs based on square footage serviced. it allocates cafeteria department costs based on the number of employees served. it has the following information about its two service departments and two production departments, cutting and assembly
The cost allocated to the Assembly Department from the Cafeteria Department was $125,000, thus, option A is the correct answer.
Consider the expense incurred by the cafeteria and the allocation basis to be used for calculating the cost allotted to the assembly department from the cafeteria department under the direct approach.
Only the Cutting and Assembly Departments would get funding for the service departments' costs under the direct method.
The cafeteria department spent $500,000, which would be distributed according to how many employees were fed for 80 hours (60 for Cutting and 20 for Assembly). The computation looks like this.
-Cafeteria's cost allocated to Assembly = Cafeteria's costs × Number of employees served in Assembly / Total number of employees served in Cutting and Assembly
-Cafeteria's cost allocated to Assembly = $ 500,000 ×20 / 80 = $125,000
Hence, The cost allocated to the Assembly Department from Cafeteria Department was $125,000
In contrast to the reciprocal approach, which is the most accurate because it distributes funds to every department that benefits from the support departments' services, the direct method of cost allocation is the simplest because the calculation is straightforward and does not require algebraic equations.
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—------CORRECT QUESTION IS ATTACHED BELOW IN IMAGES —-----
Using a perpetual inventory system, the purchase of inventory on account increases the balance of which of the following accounts? Multiple Choice O Cost of Goods Sold O Inventory O Sales Revenue O Accounts Receivable
Both the property (inventory) and liabilities (accounts payable) accounts grow as a result. As a result, the contract's assets and obligations sides are identical.
What does the term "transaction" mean?
An executed contract between someone the buyer and the seller to goods traded, services, or investment securities in the form of cash is known as a transaction.
What is an example of a transaction?
Here are some examples of transactions: compensating a provider for services or goods received. purchasing a property that was previously owned by a seller by paying the owner with dollars and a note. paying a worker for the hours they put in.
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a bank meets a deposit withdrawal with one of the following alternatives. which one of the following is an example of using stored liquidity to meet a deposit withdrawal? multiple choice selling the bank's holdings of t-bills contacting an investment banker to find new corporate deposits increasing eurodollar deposits increasing fed funds borrowed
Selling the banks' holdings of T-bills is an example of using stored liquidity to meet a deposit withdrawal.
A company's liquidity is its capacity to convert assets into cash or to get cash through a loan or funds in the bank to settle its short-term liabilities or obligations. Liquidity, in its simplest form, is the ability to swiftly transform something into currency while maintaining its worth.
An asset's liquidity refers to its capacity to be swiftly sold or swapped without influencing its price. Liquidity, then, is a measure of how quickly an asset may be turned into cash. Treasury bills are liabilities for repayment of debt that are issued by the US Department of Treasury. All of the debt that the federal government has issued has a maturity date, but T-bills have the earliest.
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Experiments show that the quantities x of corn and y of soybean required to produce a hog of weight Q satisfy
Q = 0.5 x^1/2 y^1/4.
The unit of x, y, Q is the cwt, an agricultural unit equal to 100 lb. Find the values of x and y that minimize the cost of a hog of weight
Q = 2.5 cwt
if corn costs $8/cwt and soy costs $11/cwt. (Round your answers to two decimal places.)
We therefore conclude that in order to minimize the cost, x≈ 14.288 cwt and y ≈ 3.062 cwt.
What does the term "minimize" mean?Minimizing something to the most minimal degree or quantity We take every precaution to reduce the risk of infection. Making something appear smaller or less important than it actually is is another meaning of minimization: He downplayed his part in the incident.
Briefing:
Step 1. Choose variables. We let z and y be the quantities of corn and soybean respectively, producing hog of weight Q given by the equation below. Here, we seek for the values of x and y that give the minimum cost.
Q = 0.5x¹/2y1/4 = 2.5cut
(1)
Step 2. Find the objective function.
From equation (1), we express y in terms of æ.
0.5x¹/2y¹/4 = 2.5⇒ y¹/4 2.5 0.5x1/2 625 2 ⇒ y =
Shown below is the function that represents the total cost f(x), in terms of the variable. Note that the cost function is represented by the sum of the quantities of the corn and soybean, where $3/cut for corn and $7/cut for soybean.
f(x)=3x+7y=0
=3x+7(625/x²) =0
=3x+ 4375/x²=0
Step 3. Optimize the function.
To minimize total cost, we need to find the minimum value of x through determining the critical point of the function by solving for f'(x) = 0.
f'(x) = 3- 2(4375)/x3 = 0
⇒ 3x3= 4375(2)
4375(2)=x 3
⇒x= 14.28769814≈ 14.288
Solving for the quantities of soybean y, we get the following: 625 (14.28769814)2 = = 3.0616496≈ 3.062
We therefore conclude that in order to minimize the cost, x≈ 14.288 cwt and y ≈ 3.062 cwt.
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thomson co. produces and distributes semiconductors for use by computer manufacturers. thomson issued $480,000 of 15-year, 12% bonds on may 1 of the current year at face value, with interest payable on may 1 and november 1. the fiscal year of the company is the calendar year. date transaction may 1. issued the bonds for cash at their face amount. november 1. paid the interest on the bonds. december 31. recorded accrued interest for 2 months. journalize the entries to record the above selected transactions for the current year. if an amount box does not require an entry, leave it blank. date account debit credit may 1 cash cash 480,000 cash bonds payable bonds payable bonds payable 480,000 nov. 1 interest expense interest expense 60,000 interest expense cash cash cash 60,000 dec. 31 interest expense interest expense 40,000 interest expense interest payable interest payable interest payable 40,000
May 1 Cash $450,000 To record the cash received from the issuance of bonds Bonds Payable $450,000, Nov 1 Interest Expense 27,000 To recognize an expense account, related to the interest paid Cash 27,000 To record the interest paid in cash($450k x 12% x 6/12).
Describe what expenses are.Cost is what expenses simply mean. A cost of operations is what is referred to as an expense in accounting language. It refers to the flow of money received in exchange for commodities or services. Expenses can alternatively be expressed as the total of all activities that typically result in a profit.
What do expenses mean in accounting?A company's expenditures and associated costs in generating revenue are referred to as expenses in accounting. Account expenses are, to put it simply, the costs associated with operating a firm. They all work together to support the processes required in making a profit.
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when developing probabilistic estimates of project duration, it is necessary to know which of the following? multiple choice the standard deviation of activities on the critical path the distribution of activity times the mean and variance of activities on the critical path each activity's probability of completion the mean and variance of every activity
When developing probabilistic estimates of project duration, it is necessary to know the mean and variance of every activity.
Define the probabilistic time estimations.A statistical method for determining how long it will take to complete a project is the probabilistic time estimation technique. A number of techniques, including the PERT technique, GERT technique, and application method that combines the PERT technique and Monte Carlo simulation are presented for the probabilistic duration estimation method, which stochastically evaluates the time to reach either the major intermediate completion points or the entire project duration.
CPD is a probabilistic approach that uses a motion coherence constraint over a velocity field to enable the smooth transfer of points from one spatial position to another.
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when accounting for income taxes, a temporary difference occurs in which of the following scenarios? an item is included in the calculation of net income, but is neither taxable nor deductible. an item is included in the calculation of net income in one year and in taxable income in a different year. an item is no longer taxable, owing to a change in the tax law. the accrual method of accounting is used.
This occurs when an asset or obligation has a different tax basis from its GAAP basis.
What is GAAP?
A unified set of accounting guidelines, methods, and standards known as generally accepted accounting principles (GAAP) were released by the Financial Accounting Standards Board (FASB). When their accountants put together a public company's financial statements, they must adhere to GAAP in the United States. Ten basic principles serve as the framework for GAAP, which is a set of regulations. The International Financial Reporting Standards (IFRS), which are seen as more of a principles-based norm, are frequently used as a comparison. There have recently been initiatives to move GAAP reporting to IFRS because it is a more global standard. The FASB's set of accounting regulations known as GAAP is what U.S. businesses must adhere to when creating their financial statements.
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a firm finances its activities with both debt (that costs 8%) and equity (that costs 14%). the firm can borrow additional funds at 8% if it so desires. a financial analyst at this firm argues that the firm should undertake any investment that earns a return of at least 8% because such investments will enable the firm to pay debtholders what they require, and any earnings above 8% will go to stockholders. if a firm decides to make investments based on this logic it will .
It is to be noted that if a firm decides to make investments based on this logic as argued by the financial analyst, it will decline to make investments that it should undertake.
What is an Investment?An investment is an asset or object purchased with the intention of earning revenue or increasing in value.
An increase in the worth of an asset over time is referred to as appreciation. When a person buys a thing as an investment, the intention is not to consume the commodity but rather to utilize it to build wealth in the future.
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An increase in flotation costs will most likely result in which of the following?
a. smaller dividend payments so that external equity financing is needed
b. larger dividend payments so shareholders are able to earn their requested returns
c. no charge in dividend policies because flotation costs are paid by purchases of common stock
d. larger dividend payments to offset higher taxes paid by investors
In response to the question Smaller dividend payments necessitate the use of external equity financing.
What exactly do users mean by costs?
Costs are the monetary value of spendings for goods, services, labor, products, equipment, and other pay for the goods for use by a company or other accounting entity in accounting. It is the quantity denoted as the price on invoices and recorded as an expenditure or resource cost basis in bookkeeping records.
What are some cost examples?
Cost Varieties:
Some intangibles (i.e. patents)Tools used to build (i.e. equipment, vehicles)Insurance.Fixed interest rates are included in loan agreements.Rent.Salaries are fixed amounts of money paid to employees.Utility companies (i.e. electricity, phones)To know more about Costs visit:
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Adaptation is more costly than standardization because ________.
A) a firm that chooses adaptation over standardization is likely to lose customers in the long run
B) adaptation often requires the firm to engage in substantial modifications to product design, manufacturing, pricing, distribution, and communications
C) adaptation requires the firm to scale up production without regard to quality
D) standardization holds no market risks
Because a company that opts for adaptation over uniformity is likely to experience long-term client loss, adaptation is more expensive than standardization.
How would you define standardization?
In order to standardize a specific industry, standards-based and comparable technology and processes must be developed, promoted, and perhaps mandated. Technology standards can impose requirements on the caliber and consistency of a technology and guarantee its compatibility, interoperability, and safety.
Describe standardization using an example.
To establish a level of consistency or uniformity to specific activities or operations within the chosen environment is the purpose of standardization. The generally accepted accounting principles (GAAP), which must be followed by all businesses listed on U.S. stock markets, are an illustration of standardization.
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blossom, incorporated, is a small company that manufactures three versions of patio tables. unit information for its products follows:
The order in which Blossom Inc. should rank the items using contribution per work hour is based on the production expenses of the three varieties of patio tables:
Product A / Product B / Product C
What order should the items be placed in?
The project that contributed the most labor hours per product should be put first, and so should the project that contributed the least.
For all items, the contribution per labor hour is: see table attached below..
According to this table, Product B ought to be placed first, followed by Product A and then Product C.
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The ability to create money ___________ as banks lend out __________ money. (multiple answers)
A. Increase, more
B. Increase, less
C. Decrease, more
D. Decrease, lessA. Increase, more
D. Decrease, less
The ability to create money increase/decrease as the banks lend out more/less money.
What is money?In certain nation or socioeconomic setting, money is any tangible object or verifiable record that is commonly accepted as payment for the products and services as well as repayment of debts, such as taxes. Since almost all modern monetary systems are based on unbacked fiat money with no inherent value as a good or service, money was historically an emerging market phenomenon with intrinsic worth as a commodity. According to the definition being employed, the money supply of a nation includes all forms of legal tender as well as one or more types of bank money. The vast majority of broad money in developed nations is made up of bank money, which has value that is recorded on the books of financial organizations and may be converted into physical notes or used for the cashless transactions.
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which of the following statements about dividends is not accurate? dividends are generally reported quarterly as a dollar amount per share. low dividends may mean high stock returns. the board of directors is obligated to declare dividends. payment of dividends from legal capital is illegal in many states.
The statement about dividends that is not accurate is that the board of directors is obligated to declare dividends. So option c. is correct.
A dividend is the distribution of corporate earnings to eligible shareholders. Dividend payments and amounts are determined by a company's board of directors. The dividend yield is the dividend per share and is expressed as a percentage of a company's share price. Many companies do not pay dividends and instead retain earnings to be invested back into the company. Dividends must be approved by the shareholders by voting rights. Although cash dividends are common, dividends can also be issued as shares of stock.
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according to the open economy macroeconomic model, which of the following would cause the real interest rate to decrease in the united states? true false
This statement is true: according to the open economy macroeconomic model, which of the following would cause the real interest rate to decrease in the united states.
The drivers of money supply and demand are emphasized in the monetary approach to open-economy macroeconomics. Both fixed and floating exchange rates can be considered individually when analyzing the monetary strategy. The monetary approach is known as the Monetary Approach to Balance of Payments in this situation because it applies to the balance of payments if the exchange rate is fixed. The Monetary Approach to Exchange Rates, in contrast, explains exchange rate changes when exchange rates are floating.
The models that have been mentioned up to this point provide crucial insights into how components of global trade, open economy macroeconomics, and international asset pricing can be brought together under a single framework and how they interact with one another. Future study in this field will be lively and fruitful because the literature is developing in a number of ways.
First, the insertion of market incompleteness into the narrative is necessary for the consideration of global imbalances, current account sustainability, and, more generally, of international portfolios and risk sharing.
Second, a lot of the international macro-finance models that have been created so far have pure exchange economies.
Third, these models lack a complete financial sector, whose significance has been shown by a number of recent infectious crises.
Finally, only models with agents who have log-linear preferences have so far yielded closed-form solutions.
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the sml approach requires estimates of the . multiple select question. beta coefficient cost of debt capital cost of equity capital market risk premium
The sml approach requires estimates of the beta coefficient and the market risk premium.
Money managers and investors frequently use the security market line to assess an investment product they're considering adding to a portfolio. When evaluating whether security offers a positive expected return in relation to its level of risk, the SML is helpful.
The capital asset pricing model is illustrated by the securities market line (SML) (CAPM). The projected returns of assets based on systematic, non-diversifiable risk are theoretically represented by SML. The security market line does not contain idiosyncratic risk.
The SML shows the combination of assets that delivers the best-projected return for a specified degree of risk. It represents the efficient frontier, where the returns on risk-free investments intersect the returns on the entire market.
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of the listed methods of collecting demographic information, which is the most effective for organizations defining their target market?
Of the listed methods of collecting demographic information, surveys are the most effective method for organizations defining their target market.
Give a brief account on surveys.In human subject research, a survey is a series of questions designed to elicit specific data from a target group. Surveys can be taken over the phone, by mail, online, at street corners, and even within retail malls.In disciplines like social research and demography, surveys are used to collect or gain knowledge.
Survey research is frequently employed to gauge beliefs, viewpoints, and emotions. Survey goals can be more general and broad-based or more specialized and confined. Surveys are frequently used by psychologists and sociologists to study behavior, and they are also employed by the media to serve more practical purposes including assessing political candidates, public health officials, professional associations, and advertising and marketing directors.
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Fill in the blanks: The plan you present during the advise phase of your inbound sales strategy closes the gap between _______ and _______.
The plan you present during the advice phase of your inbound sales strategy closes the gap between inbound sales and out.
Inbound sales is a income method that prioritizes the desires, demanding situations, dreams and interests of character buyers. in preference to focusing on remaining the sale as soon as viable, inbound salespeople work to meet customers in which they are and then guide — no longer push — them thru the decision-making procedure. Inbound is a scalable income approach that focuses on attracting interested potentialities in your business and constructing lasting relationships to help your customers prevail. Outbound sales procedures engage ability consumers who may or might not be interested in your services and products.
here is a short precis: Inbound sales is when a capacity purchaser or prospect reaches out for your enterprise to ask approximately a service or product. Outbound income is the end result of a sales rep reaching out to a ability client who has no longer but expressed interest in a products or services provided by the business.
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the structure whose function is to allow substances to diffuse from an area of higher concentration to an area of lower concentration
Facilitated transport, also known as facilitated diffusion, is a process in which transmembrane proteins help transfer molecules across the plasma membrane in the direction of a concentration gradient (from high to low concentration) without using any cellular energy.
Diffusion is the process by which a substance moves from a region of high concentration to a region of low concentration, and so on until the concentration is uniform over a given region. Diffusion via a plasma membrane. At first, the outer layer has a greater concentration of molecules.
In contrast to active transport, which requires the cell to expend energy, passive transport occurs spontaneously. Diffusion is the means by which chemicals in passive transport travel from a region of higher concentration to an area of lower concentration. A concentration gradient describes the distribution of a single substance throughout a certain volume.
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Taylor is considering job offers from two companies. Company A offered her a starting salary of $46,000 with a $2100 raise at the end of each year. Company B offered her a starting salary of $46,000 with a 4.4% raise at the end of each year.
Let f(t)represent Julia's salary at Company A t years after accepting a position at Company A, and let g(t)represent Julia's salary at Company B t years after accepting a position at Company B. Complete the table of values below.
t f(t) g(t)
0 46000 46000
1 ? ?
2 ? ?
3 ? ?
The salary for first year will be $46,000 for both companies.
Now, Company A is offering a steady raise and it is represented by f(t), so it can be written as following:
Company A:
f(t) = 46000 + 2100t
Company B is giving raise at rate of 4.4% and represented by g(t) so it can be written as:
Company B:
g(t) = 46000*( 1 + .044 )^t
In both equations t represents time passed.
when t = 0
Company A
f(t) = 46000 + 2100t
f(0) = 46000 + 2100*0 = 46000
Company B
g(t) = 46000*( 1 + .044 )^t
g(0) = 46000*( 1 + .044 )^0 = 46000 *1 = 46000
when t = 1
Company A
f(t) = 46000 + 2100t
f(1) = 46000 + 2100*1 = 46000 + 2100 = 48100
Company B
g(t) = 46000*( 1 + .044 )^t
g(1) = 46000*( 1 + .044 )^1 = 46000 *1.044 = 48024
When t = 2
Company A
f(t) = 46000 + 2100t
f(2) = 46000 + 2100*2 = 46000 + 4200 = 50200
Company B
g(t) = 46000*( 1 + .044 )^t
g(2) = 46000*( 1 + .044 )^2 = 46000 * 1.089936 = 50,137
When t = 3
Company A
f(t) = 46000 + 2100t
f(3) = 46000 + 2100*3 = 46000 + 6300 = 52300
Company B
g(t) = 46000*( 1 + .044 )^t
g(3) = 46000*( 1 + .044 )^3 = 46000 * 1.137893184 = 52,343
-----------------------------------------
The final table is:
t ------- f(t) ------- g(t)
0 ----- 46000 ----- 46000
1 ------ 48100 ----- 48024
2 ----- 50200 ----- 50,137
3 ----- 52300 ----- 52,343
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Accounting systems are utilized by companies for several reasons, but they have little value when it comes to making economic decisions.True/False
False. Accounting systems are used by businesses for a variety of purposes, but they are not very useful for making economic decisions.
What does an accounting system serve?A company can keep track of all kinds of financial activities with the use of an accounting system, including purchases (expenses), sales (invoices and income), obligations (funding, accounts payable), etc.
Quiz: What function does an accounting system serve?a bookkeeping system. the techniques and steps a company use to gather, sort, condense, and report financial data for use by management and outside users.
What are the most important duties an accountant carries out for a company?producing and maintaining important financial reports. completing tax returns and ensuring accurate and on-time tax payment. In order to identify best practices, identify issues and provide solutions, and help firms operate efficiently, financial processes are evaluated.
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Dextra Computing sells merchandise for $6,000 cash on September 30 (cost of merchandise is $3,900). Dextra collects 5% sales tax. Record the entry for the $6,000 sale and its sales tax. Also record the entry that shows Dextra sending the sales tax on this sale to the government on October 15. View transaction list Journal entry worksheet 2 3 1 Record the cash sales and 5% sales tax.
A journal entry is the record of the financial transaction of a business in its financial books.
Cost of merchandise = $3,900
Sale = $6,000
Sales Tax = 5%
Formulating the journal entries for Dextra Computing -
1. September 30,
Cash A/c Dr. $6,300 ( 5% of 6000 + 6000)
To Sales $6,000
To sales tax payable $300
( Being recording the sales with 5% sales tax payable)
2. September 30,
Cost of goods sold A/c Dr. $3,900
To merchandise inventory $3,900
( Being the transfer of the cost to the finishing department)
3. 15th October,
Sales tax payable A/c Dr. $300
To cash $300
( Being the entry for remittance of sales tax to the state government)
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when the market value of the benefits exceeds the market value of the costs the decision benefits the firm?
Yes, when the market value of the benefits exceeds the market value of the costs, the decision benefits the firms.
In the field of business, a decision is known to benefit a particular business when there is a higher market value of benefits that have occurred to the business rather than the market value of the costs.
This means that the business is able to generate more profit and other benefits such as enhanced market value when a decision benefits a firm.
On the other hand, when a decision does not benefit a firm, then the market value of costs that were utilized on that particular product will have a higher market value or costs in comparison to the market value of benefits.
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the insurance company wants to invest in some combination of 1-year and 5-year bonds such that the liability is immunized. both bonds have a face value of $1,000 and a ytm of 4%. the 1-year bond pays a coupon of 2% and the 5-year bond pays a coupon of 6%. you may assume annual payments. use 4% as the discount rate throughout this problem.
There is a possibility that the portfolio value will not meet the target value when specific future liabilities become due when the portfolio is constructed with the intention of funding those liabilities.
This risk can be mitigated precisely through portfolio immunization.
To put it simply, we need to match the durations of future liabilities and portfolio assets in order to immunize a portfolio. To get it, let us investigate the tradeoff between value chance and reinvestment risk with regards to a fixed-pay portfolio. Price risk (return) and reinvestment risk (return) have an opposite relationship.
A coupon bond's reinvestment return rises while its price decreases when interest rates rise. After the portfolio is set up, the goal of immunization is to create a portfolio in which, in the event of a parallel interest rate shift, these two components of total return—price return and reinvestment return—exactly balance each other out. This is accomplished by matching the portfolio's duration to the future liability's investment horizon.
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