Answer:
Internal, Increase I think
a new bookkeeper at tlc pet clinic posts transactions to ledger accounts and then journalizes and posts adjusting entries. what step of the accounting cycle did she overlook?
The TLC pet clinic's new bookkeeper journals and posts adjusting entries after posting transactions to ledger accounts. She failed to prepare a trial balance as part of the accounting cycle.
The accounting units known as ledger accounts are used to display the tallied balances of bookkeeper transactions for each category. The grouping of these ledger accounts is known as a general ledger. Assets, liabilities, equity, revenue, and expense are the five different types of ledger accounts that a firm may use.
A ledger account serves as a bookkeeper record of all transactions pertaining to a specific area of the business. The trial balance is always displayed for each ledger account.
Depending on a company's size and type, many ledger account types may be used. Small enterprises, for instance, don't use stock accounts. They instead list it under the owner's equity heading.
When using consolidated statements for its subsidiaries, a business may employ sub-ledger accounts.
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a video game manufacturer has just come out with a new video game. the company wants to develop demand for the product before the holiday shopping season, so it is focusing on advertising the features of the game and how it is different from other games on the market. what type of advertising would be best for building demand for this product?
Based on the video game manufacturer wanting to build demand for the product by advertising the features of the game, the type of advertising that would be best is promotional advertising.
What is promotional advertising?Promotional advertising is the type of advertising that is used when a new product is to be introduced into the market. This type of advertising is meant to make people interested in the new product being offered by talking about the features of the product.
There would also be an emphasis on how the product is different from other products, but not only different, better than them as well. This is why the video game manufacturer would be better off advertising the new video game with promotional manufacturing.
This is because it would help them talk up the features of the game as the new and improved product that it is.
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what is the primary reason to validate and control scope? keep project schedule in check establish the scope baseline keep scope creep in check validate scope baseline
The primary reasons to to validate and control scope is to validate scope baseline.
What is the control scope in project management?This is the term that is used to define the process where there would be the formal acceptance of the project deliverables that have been completed. That is, it is the process that has to do with the formalizing of approval by showing what has been accepted by stakeholders.
This is what has been agreed upon which would then have to do with the recognition of the product and that all of the deliverables would also have to be recognized.
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_________ is a communication standard that enables business partners to exchange routine documents, such as purchase orders, electronically.
Electronic Data Interchange (EDI) is a communication standard that enables business partners to exchange routine documents, such as purchase orders, electronically.
In the field of business, Electronic Data Interchange (EDI) is a reliable procedure that allows businesses to share electronic documents between them. Standardized message formatting is used when sending over data between computers via Electronic Data Interchange (EDI).
Sending over documents manually can take a lot of time and hence the method of Electronic Data Interchange (EDI) proves to be easier, more reliable, and fast.
Routine documents, such as purchase orders, invoices etc can easily be sent between business partners through Electronic Data Interchange (EDI). However, when sending secret or confidential papers, one needs to be careful.
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calculate the expected return for two possible outcomes for the economy next year: recession and recovery suppose for this example that we forecast a 19% chance of recession over the next year let’s suppose that we forecast that in a recession the firm’s return will be 1.02% and that in recovery the firm’s return will be 24.47%
The expected to return for two possible outcomes for the economy will be 1.02%.
This is further explained below.
What is a recession?Generally, In the field of economics, a recession is a contraction of the business cycle that occurs when there is a widespread decrease in economic activity.
When consumers cut down their spending across the board, this often leads to economic recession.
In conclusion, As the chance of recession is 19%, it seems quite probable that the firm will have a return of that of recession. This means that at a recession of 19% recession the return rate will equal the to return of said recession and the for this case is given as 1.02%
Hence, It is forecasted that the firm's return in recession will be 1.02%,
Therefore, Firms return will be 1.02%.
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Four years ago ollie deposited some money into an account. He earned 5 percent interest on this account and now it has a balance of $303. 88. About how much money did ollie deposit into his account when he opened it?.
Upon reopening the bank account, Ollie deposited about $250 into it.
Present value = Future value/ (1+interest rate)^time
= $303.88 /(1+0.05)^4 = $303.88 / 1.2155 = $250
In the financial world, money kept in a bank is referred to as a deposit. A deposit is a transaction in which funds are sent to another entity for storage. A deposit is also defined as a quantity of money used as security or collateral for the delivery of something. A different kind of deposit is the transfer of cash to a third party for safekeeping, such a bank. A bank account is a type of financial account that is kept by a bank or other financial organization and is used to record financial transactions between the bank and its clients.
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Compare the highest nation to the United States. How much does it save?
The keywords in your question "how much" and "save" suggests that you are looking for an economic comparison. The primary indices for comparing nations in the world is the Gross Domestic product (GDP).
Hence, the highest nation in the world (as of 2021) according to GDP ranking is said to be the United States of America. This is based on World Bank Statistics. The US is followed by China. Currently, China has about $3 trillion in total foreign exchange reserves (savings).
What is Gross Domestic Product?Gross domestic product (GDP) is a monetary measure of the market value of all final products and services produced and sold by countries in a given time period. Because of its complexity and subjectivity, this metric is frequently changed before being regarded a credible indication.
It is to be noted that Consumption, investment, government spending, exports, and imports are the components of GDP calculated using the expenditures approach.
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the internal rate of return (irr) for a project will increase if: select one: a. the total amount of the cash inflows is reduced. b. the initial investment of the project is reduced. c. the required rate of return is reduced. d. each cash inflow is moved such that it occurs one year later than originally projected.
The internal rate of return (IRR) for a project will increase if the initial cost of the project can be reduced or we can conclude that IRR increase if initial outlay decreases.
The internal rate of return (IRR) can be described as a metric used in financial analysis to estimate the profitability of potential investments. Internal rate of return (IRR) also can be described as a discount rate that makes the net present value (NPV) of all cash flows equal to zero in a discounted cash flow analysis. To calculate internal rate of return, it has same formula as NPV does.
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frederick winslow taylor: a. was america’s first great ceo. b. conducted the hawthorne studies. c. wrote about new management techniques used in french factories. d. is the ""father"" of modern management thinking.
Answer:
The answer is C
Explanation:
That's the aswer
last year, big w company reported earnings per share of $2.50 when its stock was selling for $50.00. if its earnings this year increase by 10 percent and the p/e ratio remains constant, what will be the price of its stock? (do not round intermediate calculations. round your final answer to the nearest whole dollar amount.)
Previous Year: P/E Ratio = Market Price per Share ÷ Earnings per Share = $50.00 ÷ $2.50 = 20
Briefing:-Current Year: P/E Ratio = Market Price per Share ÷ Earnings per Share 20 = Market Price per Share ÷ ($2.50 × 1.1) 20 × $2.75 = Market Price per Share $55 = Market Price per Share.
What are assessment year and prior year?The year after the financial year, known as the assessment year, is when the previous year's income is assessed, tax is due on it, and ITRs are filed. For instance, the fiscal year 2020–21 is recognized as the period covering the period from 1 April 2020 to 31 March 2021.
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What is the term used to describe politicians’ awarding jobs, offices, government contracts, and other benefits to their supporters?.
The practice of appointing or hiring someone to a government position on the basis of partisan loyalty is known as political patronage. These appointments are used by elected officials at the national, state, and local levels of government to reward those who help them win and keep office.
What were political machines primarily used for?
To gain the support necessary to win an election today, grassroots organizations served as the foundation of political machines. These "clubs," which had a lot of customers, were the main factor in getting the "straight party vote" in the election districts.
What does corruption mean historically?
American English defines graft as the dishonest use of a politician's authority for personal gain, a type of political corruption.
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which model of global leader development argues that the company's global business strategy is a major determinant of the relevant lessons and skills that the leader needs?which model of global leader development argues that the company's global business strategy is a major determinant of the relevant lessons and skills that the leader needs?
The Right Stuff model of global leader development argues that the company's global business strategy is a major determinant of the relevant values and skills that the leader needs.
Tom Wolfe created a vivid portrait of the American military pilots who contributed to the inception of the NASA space programme in his bestselling novel The Right Stuff. He discusses how the seven Mercury Astronauts were chosen and later trained while telling the engrossing tale of these volunteer test pilots who participated in early testing. His book, which is mostly on the bravery of these men, also concentrates on who they were as individuals and how they adhered to a code of morality and values that could be summed up as having "the right thing."
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a company purchased $3,100 worth of merchandise. transportation costs for the buyer were an additional $270. the company returned $215 worth of merchandise and then paid the invoice within the 1% cash discount period. the total cost of this merchandise is: multiple choice $3,045.00. $2,956.00. $3,124.00. $3,126.15. $3,155.00.
Since the initial purchase was $3,100 worth and the company returned $215 worth of merchandise, the total cost of the merchandise is $3,126.15
The total cost of the merchandise, before freight cost, can be calculated as follows:
Net merchandise cost = ( 1 - discount rate) * (Initial purchase cost - returned value)
After applying the discount, then, we need to add the freight cost.
Total merchandise cost = Net merchandise cost + freight cost
Information from the problem:
Initial purchase = $3,100
returned value = $215
discount rate = 1%
Hence,
Net merchandise cost = (1 - 0.01) * (3,100 - 215)
= 2856.15
Adding the freight cost:
Total merchandise cost = 2856.15 + 270 = 3126.15
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what's the present value of a $880 annuity payment over five years if interest rates are 9 percent? (do not round intermediate calculations and round your final answer to 2 decimal places.)
The present value of the annuity payment over five years is $3,422.89.
What is the present value?
Present value is the sum of discounted cash flows. It can be determined by adding the cash flows discounted using the interest rate together.
An annuity is a series of payment that is made over a period of time. When the payment is made at the beginning of the period, it is known as annuity due. When the payment is made at the end of the period, it is known as an ordinary annuity.
Present value = 880 / 1.09 + 880 / 1.09² + 880 / 1.09³ + 880 / 1.09^4 + 880 / 1.09^5 = $3,422.89
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a cost accounting system: (check all that apply.) multiple select question. helps managers' determine selling prices. is used to control costs of manufacturing activities. is used only with a perpetual inventory system. provides general information used by investo
A cost accounting system is used only with a perpetual inventory system.
Force or stock refers to the goods and accouterments that a business holds for the ultimate thing of resale, product, or application. force operation is a discipline primarily about specifying the shape and placement of canted goods. force refers to all the particulars, goods, wares, and accouterments held by a business for dealing in the request to earn a profit. For illustration, If a review dealer uses a vehicle to deliver journals to the guests, only the review will be considered a force.
The four types of force most generally used are Raw paraphernalia, Work- In- Process( WIP), Finished Goods, and conservation, form, and Overhaul( MRO).
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If you estimate that firm b will pay a dividend of $1 per share in one year, and that the dividend will grow at 3% per year indefinitely, what should be the value of stock b?.
Based on the dividends by Firm B and the growth rate of the dividend, the value of Stock B would be $9.17
How to find the stock's value?When given the growth rate and the dividend, the value of a stock can be found by the formula:
Value of stock = Next dividend / ( Expected return - Dividend growth rate)
The expected return will be the average return to Firm B of 13.9%.
The Value of the stock is:
Value of stock = Next dividend / ( Expected return - Dividend growth rate)
= 1 / (13.9% - 3%)
= $9.17
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When a country's imports are more than the total value of its exports over a specified period of time it is referred to as its balance of trade deficit.
The statement 'when a country's imports are more than the total value of its exports over a specified period of time it is referred to as its balance of trade deficit' is true.
In the field of business, a country needs to have a balance between imports and exports. To raise the economy of a country, the level of exports should be higher than the level of imports.
If the level of import for a country is more than the level of export during a certain period, then this is referred to as a balance trade deficit. Higher levels of imports in a country prove to be costly for a country and decrease the economy of the country.
Most countries work on producing raw materials and quality products in their own country in order to reduce imports from other countries.
Although a part of your question is missing, you might be referring to this question:
When a country's imports are more than the total value of its exports over a specified period of time it is referred to as its balance of trade deficit. True or False
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the city wants to acquire private land for a park. the city can obtain the land by paying fair value under the right of a) eminent domain. b) escheat. c) police power. d) taxation.
The city wants to acquire private land for a park. the city can obtain the land by paying fair value under the right of eminent domain. Typically, the "fair market value" the determines valuation in eminent domain cases.
The United States government, states, and municipalities have the authority to seize private property for public use after providing just compensation. This is not just an American idea; it is a behavior's that takes place in many other nations under various names. It might not seem fair to the property owners, and eminent domain cases are rather common, particularly when the owner feels they are not appropriately rewarded.
The value of a piece of property, including the value of the land and any improvements made to it, is known as its land value. It is not to be confused with site value, which is the fair market worth of the land in the absence of liens, mortgages, rentals, or other factors that might otherwise alter the property's value.
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with perfect price discrimination, the marginal revenue curve group of answer choices is below the demand curve. is horizontal. is equal to the demand curve. is above the demand curve.
MR is below demand curve(AR Curve) in case of perfect price discrimination.
What is demand curve?
Demand in economics refers to a consumer's willingness to pay a particular price for goods and services as well as their desire to buy them. Demand for a good or service typically declines when its price goes up. The quantity demanded will rise when a product's price drops, in a similar manner. Consumers and businesses are indeed very familiar with the idea of demand because it makes sense and happens naturally throughout the course of almost any day. For instance, when a product's price is low, shoppers who are keeping an eye on it will buy more of it. When prices increase, such as during a change in season, consumers may buy less or even nothing at all.
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the formula for the sum-of-the-years'-digits method is the depreciable base times the depreciation rate, which is calculated as multiple choice question. the sum-of-the-years'-digits times the previous year's depreciation expense. the number of years remaining in the asset's life divided by the number of years of depreciation recognized to date. the numbers of years remaining in the asset's life divided by the sum-of-the-years'-digits. book value times the depreciation rate per year.
The formula for the sum-of-the-years'-digits method is the depreciable base times the depreciation rate, which is calculated as the numbers of years remaining in the asset's life divided by the sum-of-the-years'-digits.
stages of the asset lifecycle
The plan, acquire, utilize, maintain, and dispose phases are the five basic phases that every asset goes through. The usage and maintenance phases take up the majority of time, but every step is crucial to ensure that you get the most out of your asset life. The percentage rate at which an asset depreciates over its anticipated useful life is known as the depreciation rate. The percentage of a corporation's long-term investment in an asset that the company claims as a tax-deductible expense throughout the asset's useful life may also be used to define it. The depreciation rate is the total amount depreciated each year, expressed as a percentage.
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what are the three commonly used strategies or approaches for implementing changes in an organization? give an advantage and/or disadvantage for each type of approach.
Classical approach, Behavioural approach and Retrospective approach are the three types of strategies used in implementing changes in organization.
A corporation utilising a "high end" strategy is one that frequently offers extremely expensive products. Strategy is a pattern of activities across time. In other words, strategy reflects decisions to offer certain goods or services in specific markets. Perspective, or the ability to see things from many angles, is what constitutes strategy. An entity, such as a business, institution, or association, that is made up of one or more people and has a specific function is known as an organisation or organisation (Commonwealth English; see spelling variations). Functional, departmental, and matrix are three types of organisations that characterise the organisational structures utilised by the majority of businesses today. Before selecting one of them to use for their firm, owners must weigh the benefits and drawbacks of each of these forms.
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juan, a marketing manager at a company, decides to sell a product through all appropriate and willing intermediaries. based on this choice, it is clear that juan wants the product to have .
Juan, will advertise a product by using any willing and suitable middlemen. Juan obviously wants the item to have this feature because he made this selection Intensive Distribution.
In an effort to sell its goods from a small vendor to a large retailer, a corporation may use an intensive distribution marketing approach. A suitable middlemen customer can practically always find the merchandise wherever he goes. Among the examples on which intense distribution is practiced are soft drinks and cigarettes.
Under the intense distribution approach, a business might leverage every distribution channel to market its product. In addition to increasing revenue, it builds brand recognition for the product. For things like soft drinks, cigarettes, etc., this strategy is very helpful. Intensive distribution has a number of benefits. First, it expands the product's supply, which improves the likelihood that more people will buy it.
More sales equal higher revenues for the business. Another benefit is that a business can determine suitable middlemen whether local vendors or outlets of the hypermarket variety are more likely to carry a given product. The corporation can use this information to better plan out its promotional initiatives in an effort to increase sales and brand awareness.
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On october 1, 2021, perry corporation signed a 12-month, 8% interest-bearing promissory note for $10,000. Assume that all appropriate adjusting journal entries were made at 12/31. The journal entry required when the note matures on october 1, 2022 would include a debit to interest expense for.
In business when the note matures on October 1, 2022, a journal entry will be needed that includes a debit for $600 for interest expenditure.
The nation's purchase of machinery would be a journal entry, with the cash account being credited and the machinery account being debited. The day on which a borrower must make their final loan payment is referred to as the "loan maturity date." Upon receipt of such payment and completion of the Repayment Terms, the Promissory Note a record of the Original Debt is Retired.
Let's use an example where a business borrows $1,000 on September 1 with a 4% interest charge. Interest charges for the month of September will come to $40 ($1000 x 4%). The business pays the obligation in full for $500 on October 1. Interest charges for the month of October will come to $20 (500 x 4%).
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at the end of the year, mercy cosmetics’ balance of allowance for uncollectible accounts is $440 (credit) before adjustment. the balance of accounts receivable is $17,000. the company estimates that 12% of accounts will not be collected over the next year.
The company estimates that 12% of accounts will not be collected over the next year is $1,600.
Bad Debt Expense = (Accounts receivable ending balance x percentage estimated as uncollectible) - existing credit balance in the allowance for doubtful accounts.
= 17,000 x 12% - 440
= 2,040 - 440
= $1,600.
A credit balance on your billing statement is a quantum that the card issuer owes you. Credits are added to your account each time you make payment. A credit might be added when you return a commodity you bought with your credit card.
A credit balance is an ending aggregate in an account, which implies either a positive or negative quantum, depending on the situation. Liability accounts similar to Accounts Payable, Notes Payable, stipend Outstanding, Interest Payable, Income levies Outstanding, client Deposits, remitted Income levies, etc.
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a wholesaler offers credit terms of 1/10, n/30. a fabric store bought goods worth $6,500 from the wholesaler. within the discount period, the fabric store returned defective goods worth $300 and paid the amount owed. how much did the wholesaler receive as payment?
the wholesaler received $6,138 as payment. The seller would receive the amount owing to the customer less the return credit and cash discount of 1 %.
The calculation of this amount is as follows :
Account Receivable $6,500
Less Return Credit ($300)
$6,200
Less Cash discount ($6,200 × 1%) ($62)
Payment $6,138
Wholesaling or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional, or other professional business users; or to other wholesalers (wholesale businesses) and related subordinated services. In general, it is the sale of goods in bulk to anyone, either a person or an organization, other than the end consumer of that merchandise. Wholesaling is buying goods in bulk quantity, usually directly from the manufacturer or source, at a discounted rate and selling to the retailer at a higher price. The retailer then sells the goods to the end consumer at a higher price making a profit. According to the United Nations Statistics Division, wholesale is the resale of new and used goods to retailers, to industrial, commercial, institutional, or professional users, or to other wholesalers, or involves acting as an agent or broker in buying merchandise for, or selling merchandise to, such persons or companies.
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With 2023 pathfinder’s available 4-door capacitive request switches, what happens when a user holding an intelligent key double-presses any of the switches?.
Answer: All 4 doors ulock
Explanation:
assume the following information concerning two stocks that make up an index. what is the value-weighted return for the index? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) price per share shares outstanding beginning of year end of year kirk, inc. 37,000 $ 53 $ 57 picard co. 27,000 79 84
The value-weighted return for the index is 8.54%.
What is value-weighted return?A sort of portfolio return weighting algorithm that assigns a proportion to an asset in the investment depending on its market value is referred to as value-weighted return.
According to the question, the current index value is computed as follows: -
Current Index value =
= (69*35000+122*32500)/(63*35000+113*32500)*100
= 108.54
The calculations of the value-weighted return for the index is done as follows: -
Return in percentage = (108.54 -100 )/ 100
= 8.54%
Therefore, it can be concluded that 8.54% is value-weighted return for the index.
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Which statement is true regarding Check No. - 409?
The statement that is true regarding Check No. - 409 is b. This check was wri`en by John and paid to another person or business.
What is a check?A check can be described as the document that that serves as document which is been given to the user by the financial institution to be collecting money whenever they want from the institution, this institution can be a bank or other institution.
It should be noted that the Check No. - 409 is a type of check, and when someone want to pay another person, one can issue check for him to go and get the money on his behalf.
Therefore, option B is correct.
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Check the missing options:
a. This check likely came from John’s employer. b. This check was wri`en by John and paid to another person or business. c. This check caused John to overdraw his checking account. d. This check added $100 to John’s account.
The project manager building a new underwater dolphin exhibit at city aquarium is reviewing the chronological sequence of activities that must be completed on the project and the estimated time of completion of each activity. He is employing?.
The complete statement is given as "The project manager building a new underwater dolphin exhibit at the city aquarium is reviewing the chronological sequence of activities that must be completed on the project and the estimated time of completion of each activity. He is employing the PERT technique."Option C
This is further explained below.
What is PERT technique.?Generally, The program evaluation and review approach is a statistical instrument that is used in project management.
Its purpose is to investigate and depict the activities that must be carried out in order to finish a certain project.
The full statement is presented as follows: "The project manager for the new underwater dolphin exhibit that is being constructed at the city aquarium is currently reviewing both the chronological sequence of activities that need to be completed on the project as well as the estimated time it will take to complete each activity. The PERT method is being used by him right now." Alternative C
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CQ
The project manager building a new underwater dolphin exhibit at Chicago's Shedd Aquarium is reviewing the chronological sequence of activities that must be completed on the project and the estimated time of completion of each activity. He is employing the
A. Gantt chart.
B. total quality management process.
C. PERT technique.
D. lean manufacturing process.
Will you now, or in the future, require sponsorship for employment visa status from walmart?.
This question will typically be answered “yes” by international students since you will need sponsorship to continue working after your work authorization through your student visa expires.
“Employment sponsorship” is when a corporation “sponsors” or affords a few financial or legal backing to allow an person to do some thing: most typically, achieve an employment visa.
Walmart and Sam's club are committed to complying fully with the Immigration Reform and Management Act (IRCA). Walmart and Sam's membership can provide sponsorship for work visas and legal permanent residence for sure professional or specialized management positions.
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