Answer:
The debit balance as per the cash book means the balance of deposits held at the bank. Such a balance will be a credit balance as per the passbook. Such a balance exists when the deposits made by the firm are more than its withdrawals. ... On the other hand, the credit balance as per the cash book indicates bank overdraft.
mr kleaners acquired new industrial washing mavhine,the list price price of which was 52000.the supplier allowedva tade discount of 4000 off the list price.on delivery the cost of installing the machine in its desire location was 950
what is the cost if machine to be capitalised in the machinery account
Answer:
I think its $48,950.
Explanation:
you subtract 4,000 from 52,000 which is 52,000 - 4,000 = 48,000.
then you will add that extra $950 getting you a total of $48,950.
if I'm wrong I'm sorry I'm not that good at math.
It is important that budgets be accepted by:____
a. division managers only.
b. department heads only.
c. supervisors only.
d. all of these answers are correct.
Answer:
d. All of these answers are correct.
Explanation:
Budget can be regarded as the overall
estimation of revenue as well as expenses of an organization, government, individuals, or those that make and spend out money, within a particular period of time. Whereby there would be need for compilation and re-evaluation on periodic base. When making a budget It should be noted, It is important that budgets be accepted by
✓division managers only.
✓department heads only.
✓supervisors only.
Government agencies allow consumers to initiate transactions with government agencies, such as when they pay their taxes, pay traffic fines, or renew automobile registrations via the Internet. The online marketing domain involved is ____________ .
Answer:
affiliate marketing
Explanation:
In simple words, the affiliate marketing relates to the type of marketing under which the user and the handler of any online domain interact with each other due to the actions made by one or both of the parties. In this type of online marketing the transactions are done on the basis of the pre-defined information on the user end.
Thus, from the above we can conclude that the given case depicts affiliate marketing.
The online marketing domain involved is C2G.
The following information related to C2G is:
The full form of C2G is Consumer to Government. In this, the consumer provide the feedback related to the government authority. In this, the traffic fines, taxes are paid.Therefore we can conclude that The online marketing domain involved is C2G.
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If your superior tells you that they will offer you a raise if you perform additional work beyond the requirements of your job, they are exercising ________ power.
Answer:
Legitimate power.
Explanation:
Legitimate power is the type of one that is exercised by someone in a position of authority in the workplace.
The leader gives instructions based on his official office or title in the organisation.
I'm the given scenario where your superior tells you that they will offer you a raise if you perform additional work beyond the requirements of your job, he is stating conditions got a pay raise based on his position as your supervisor
Answer:
If your superior tells you that they will offer you a raise if you perform additional work beyond the requirements of your job, they are exercising ________ power.
Incentive power.
Explanation:
The superior is exercising the power of incentive. Incentives are motivations for people to take certain actions. They can be positive and negative. These incentives also affect the choices and behavior made by individuals and groups based on different individual and group values. Most often, incentives cause people to change their behavior in certain predictable ways. Superiors can employ various incentive schemes to address organizational changes, and they usually include economic, social, and moral incentives.
Mullin, InC., purchases supplies such as paper towels, soap, toilet paper, and seat covers directly from manufacturers and then sells them to other firms. Mullin, InC. is a(n)
Answer:
wholesaler
Explanation:
A wholesaler is part of the downstream supply chain. It operates by purchasing large amounts of certain goods and then reselling them to smaller retailers. Wholesalers act as intermediaries between small retailers that are unable to purchase large amounts from manufacturers, but still need to purchase them at a discount price. Generally, wholesalers do not sell directly to the general public, only to other smaller businesses.
What is the difference between inflation and deflation.
A. Inflation can result from falling demand and boosts the value of money. Deflation can result from rising demand and reduces the value of money.
B. Inflation can result from rising demand and boost the value of money. Deflation can result from failing demand and reduces the value of money.
C. Inflation can result from falling demand and reduces the value of money. Deflation can result from rising demand and boost the value of money.
D. Inflation can result from rising demand and reduces the value of money. Deflation can result from falling demand and boost the value of money.
Answer:
D. Inflation can result from rising demand and reduces the value of money. Deflation can result from falling demand and boost the value of money.
Explanation:
Inflation is the general increase in prices in the economy over time. As the economy grows, prices automatically rise. There is a direct correlation between economic development and inflation. A high growth rate may result in a high inflation rate. High growth is caused by an increase in demand for goods and services.
Inflation erodes the purchasing power of money. As prices increase, it means one unit of money will purchase fewer quantities of goods and services than the previous season.
Deflation is the opposite of inflation. It means a general decline in prices in the country. Low production due to reduced demand causes prices to decline. One unit of money will purchase more quantities of goods and services as prices decline.
Answer:
I believe the answer is D :)
Explanation:
Blossom Biotech management plans a $120 million IPO in which the offering price to the public will be $50 per share. The company will receive $47.50 per share. The firm’s legal fees, SEC registration fees, and other out-of-pocket costs will total $500,000. If the stock price increases 14 percent on the first day of trading, what will be the total cost of issuing the securities?
Total cost $ _________
Answer:
$23,300,000
Explanation:
Total IPO costs include both direct and indirect costs. Direct costs are all the associated costs related to the IPO itself, while indirect costs equal the amount of money lost due to not pricing the stocks correctly.
total stocks issued = $120,000,000 / $50 = 2,400,000
total underwriting fees = ($50 - $47.50) x 2,400,000 = $6,000,000
other associated costs = $500,000
total direct costs = $6,500,000
total indirect costs = ($50 x 14%) x 2,400,000 = $16,800,000
total costs = $23,300,000
A five-year bond has a par value of 1000, a coupon of 3%, and a required yield of 5%. What should be the market price of this bond?
Answer:
The market price of the bond is $913.41
Explanation:
The coupon payment is annual, meaning it is being paid once a year.
N(Number of years/Number of periods) = 5
I/Y(Yield-To-Maturity) = 5 percent
PMT(coupon payment) = $30 [(3/100) x $1,000]
FV(Future value/Par value) =$1,000
PV(present value or market value) = ?
Now to solve this, lets use a financial calculator (e.g Texas BA II plus)
N= 5; I/Y = 5%; PMT = $30; FV = $1,000; CPT PV = -$913.41
Therefore, the market price of the bond is $913.41
The money lost by not working is called
it's called bankrupt
The Tax Reform Act of 1986 eliminated the deductibility of interest payments on consumer debt (mostly credit cards and auto loans) but maintained the deductibility of interest payments on mortgages and home equity loans. What do you think happened to the relative amounts of borrowing through consumer debt and home equity debt
Answer:
what is the question?
Explanation:
Calculate the average stock in a department with annual sales of $1,840,000 and an annual stock turnover of 5.4.
Answer:
$366,667
Explanation:
Average stock can be regarded as stock at the beginning of the period as well as stock towards ending of it
Given:
annual sales =$1,840,000
annual stock turnover =5.4.
average stock can be calculated as
average stock =annual sales/
annual stock turnover
= 1,840,000/ 4.5
= $366,667
Hence the average stock in a department is $366,667
Gerry is concerned about the risks involved in launching a new business, especially the financial risks. If she chooses the sole proprietorship form of ownership, her liability is
Answer:
Unlimited
Explanation:
Here are the options to this question :
is shared with his creditors
shared with his investors
limited to the amount of his taxes
unlimited
A sole proprietorship is a type of business that is owned by one person
Characteristics
it is owned by one person
the business has unlimited liability
the business has limited access to capital
the business usually lacks continuity. this type of business usually ceases to exist when the owner dies
the business is usually not separated from the owner
Who are the most aggressive of the types we looked at?
At contract maturity the value of a call option is ___________, where X equals the option's strike price and ST is the stock price at contract expiration.
a. max (0, ST - X)
b. min (0, ST - X)
c. max (0, X - ST)
d. min (0, X - ST)
Answer:
A. Max (0, ST - X)
Explanation:
call option which is also known as a "call", can be regarded as a contract, that exist between both buyer as well as the seller of the call option, in so that security exchange at a set price can occur. It should be noted that At contract maturity the value of a call option is Max (0, ST - X) where X equals the option's strike price and ST is the stock price at contract expiration.
Your campus computer store reported Sales Revenue of $175,000. The company's gross profit percentage was 65 percent. What amount of Cost of Goods Sold did the company report?
Answer:
The company reported $61,250 amount of Cost of Goods Sold
Explanation:
As gross profit percentage is the net percentage of sales revenue and cost of goods sold. We can find the cost of goods sold percentage as follow
Gross profit = Sales - Cost of Goods Sold
Placing the percentage
65% = 100 % - Cost of Goods sold
Cost of Goods sold = 100% - 65%
Cost of Goods sold = 35%
Now calculate the value of cost of goods sold using following formula
Cost of goods sold percentage = Cost of good sold / Sales Revenue
35% = Cost of Goods sold / $175,000
Cost of Goods sold = $175,000 x 35%
Cost of Goods sold = $61,250
The economic and logical position of a firm in an oligopoly industry can be well understood through ___________.
Answer:
The economic and logical position of a firm in an oligopoly industry can be well understood through Concentration Ratios, which measure measure the proportion of total market share controlled by number of firms. When there is a high fixation proportion in an industry, financial specialists will in general recognize the business as an Oligopoly.
Explanation:
An oligopoly is a market structure in which a couple of firms overwhelm. At the point when a market is shared between a couple of firms, it is supposed to be exceptionally thought. Although a couple of firms overwhelm, it is conceivable that numerous little firms may likewise work on the lookout. Thinking about the market for air travel, significant air crafts like British Airways (BA) and Air France regularly work their courses with a couple of close contenders, yet there are additionally numerous little carriers providing food for the holidaymaker or offering expert administrations.
Fuschia Company's contribution margin per unit is $11. Total fixed costs are $77,770. What is Fuschia's break-even point in units
Answer:
Fuschia's break-even point in units is 7,070 units.
Explanation:
In accounting, the breakeven point in units refers to the units of production where total revenues for a product equal its total cost. This can be calculated for using the following formula:
Break even point in units = Total fixed cost / Contribution margin per unit ............. (1)
.Where, for Fuschia Company;
Total fixed costs = $77,770
contribution margin per unit = $11
Substituting the values into equation (1), we have:
Break even point in units = $77,770 / $11 = 7,070 units
Therefore, Fuschia's break-even point in units is 7,070 units.
Examine the quarterly sales data in a little different way. Contruct two pie charts, one for sales in 2012 and the other for sales in 2013. Does it appear that sales are becoming more seasonal or less seasonal?
Revenues
Quarter 2011 2012 2013
$ 767 $ 10,613 $ 30,342
$ 2,174 $ 6,424 $ 33,867
$ 9,687 $ 19,283 $ 34,246
$ 8,999 $ 33,019 $ 43,783
Totals $ 21,626 $ 69,338 $142,238
Answer:
sales are becoming less seasonal
Explanation:
besides constructing a pie chart, we can also answer this question by percentages (which is more exact).
2012:
total sales = $69,338
Q1 sales = $10,613 / $69,338 = 15.31%
Q2 sales = $6,424 / $69,338 = 9.26%
Q3 sales = $19,283 / $69,338 = 27.81%
Q4 sales = $33,019 / $69,338 = 47.68%
2013:
total sales = $142,238
Q1 sales = $30,342 / $142,238 = 21.33%
Q2 sales = $33,867 / $142,238 = 23.81%
Q3 sales = $34,246 / $142,238 = 24.08%
Q4 sales = $43,783 / $142,238 = 30.78%
During 2012, almost 50% of total sales happened during Q4, something similar to selling toys which are extremely seasonal due to Christmas.
During 2013, this changed since Q4 sales only represent 30% of total sales. Sales increased during Q1 and Q2, and slightly decreased in Q3. They are much more similar now, since sales are almost evenly spread throughout the year.
Jones Company bought Wood Company in 2020 and appropriately recorded $750,000 of goodwill related to the purchase. On December 31, 2021, the fair value of Wood Company is $6,000,000 and it is carried on Jones' books for a total of $5,100,000, including the goodwill. What goodwill impairment should be recognized by Jones in 2021?
Answer: $0
Explanation:
Wood company's value is carried in Jones company books as $5,100,000 which is less than the fair value of $6,000,000. There is therefore no goodwill because the fair value is larger than the carrying value and goodwill only exists if the reverse is the case.
If there is no goodwill, there can be no goodwill impairment so goodwill impairment recognized in 2021 is $0.
How are SAE programs expanded and/or diversified?
Answer:
The SAE programs could be extended even diversified using the following techniques.
Explanation:
Increased self-employment has led to something like the SAE programs. Rather than growing the breadth of this. The concept seems to be the volume, gross margin, quantity of acres, respectively. By introducing or growing new goods as well as companies. This would be referred to those as diversification. Whilst also connecting to the awareness acquired via the SAE programs.1. What is the eventual effect on real GDP if the government increases its purchases of goods and services by $60,000?
2. What is the eventual effect on real GDP if the government, instead of changing its spending, increases transfers by $60,000? Assume the MPC has not changed.
3. An increase in government transfers or taxes, as opposed to an increase in government purchases of goods and services, will result in:___.
a. a smaller eventual effect on real GDP.
b. no change to real GDP.
c. a larger eventual effect on real GDP.
d. an identical eventual effect on real GDP.
Answer:
Missing word in 1. "Assume the marginal propensity to consume (MPC) is 0.75."
1. Using the ffg formula to calculate the effect of real GDP
Real GDP = [1/1-MPC]*Government purchase
= [1 / 1 - 0.75]*60,000
= (1/0.25)*60,000
= 4*60,000
= $240,000
Thus, the total change in real GDP is $240,000, it means the real GDP increases by $240,000
2. Real GDP = (MPC/1-MPC)*Government spending
= 0.75/1-0.75*60,000
= 0.75/0.25 * 60,000
= $180,000
Thus, the total change in real GDP is $180,000, it means the real GDP increases by $180,000
3. Thus, from the calculation, it is clear than an increase in government transfers or taxes as opposed to an increase in government purchases of goods and services will result in a smaller eventually effect on real GDP.
Résumés should be prepared using the following guidelines:
12-point font
uniformly designed
white space to improve readability printed on quality paper
Answer:
I personally selected all of them, not sure if it's right or not because my teacher didn't tell me for some reason, but it's worth a try.
Explanation:
Juan purchases an annuity for 3890 dollars that will make 19 annual payments, the first to come in one year. If the effective rate of interest is 10.8 percent, how much is each annual payment?
Answer:
489.92
Explanation:
The formula for the present value of an ordinary annuity below can be used to determine the size of annual payment wherein the formula is rearranged to make annual payment the subject of the formula:
PV=Annual payment*(1-(1+r)^-n/r
PV=price paid today=3,890
Annual payment= the unknown
r=effective rate of interest=10.8%
n=number of annual payments expected=19
3,890=Annual payment*(1-(1+10.8%)^-19/10.8%
3,890=Annual payment*(1-(1.108)^-19/0.108
3,890=Annual payment*(1-0.142476931 )/0.108
3,890=Annual payment*0.857523069 /0.108
Annual payment=3,890*0.108/0.857523069
Annual payment= 489.92
For a pure competition firm if price is less than the minimum of the __________, output at 0 will result in less loss than producing at any other level.
Answer:
need more information
Explanation:
For a pure competition firm is charging a price less than the minimum average variable cost at zero output , will result in a loss than producing at any other level.
What is a pure competition firm?A theoretical market structure is referred to as pure competition. There are numerous buyers and sellers, and prices are determined by supply and demand. Companies make only enough money to stay in business. If they made too much money, other companies would enter the market and drive down profits.
If a profit-maximizing firm produces a positive output in the short run, then the market price must be greater than or equal to the Average variable cost (AVC) at that output level. Hence when price is less than minimum AVC, the firm produces zero output.
Therefore the market price is less than average variable cost for zero output for pure competition firm.
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Duncan foods orders 500 cans of crushed tomatoes every month to be consistent with recommendations made by the EOQ model. If the annual inventory holding cost is​ $0.50 per can per​ year, then what are its annual inventory holding costs in​ dollars? (assume that the assumptions for the EOQ model​ hold) nothing
Answer:
$125
Explanation:
average inventory = 500 / 2 = 250
annual holding costs = 250 x $0.50 = $125
also, if you want to determine the order cost:
EOQ = √[(2 x S x D) / H]
EOQ = 500
H = annual inventory holding cost per unit = $0.50
D = annual demand = 500 x 12 = 6,000
500 = √[(2 x S x 6,000) / 0.50]
500² = 12,000S / 0.50
250,000 x 0.5 = 12,000S
125,000 = 12,000S
S = 125,000 / 12,000 = $10.417 ≈ $10.42
annual ordering costs = $10.42 x 12 = $125.04
Piper Pipes has the following inventory data: July 1 Beginning inventory 20 units at $120 5 Purchases 120 units at $112 14 Sale 80 units 21 Purchases 60 units at $115 30 Sale 56 units Assuming that a periodic inventory system is used, what is the cost of goods sold on a LIFO basis?
a. $15,392.
b. $15,412.
c. $7,328.
d. $7,348.
Answer:
COGS= $15,412
Explanation:
Giving the following information:
July 1 Beginning inventory 20 units at $120
July 5 Purchases 120 units at $112
July 14 Sale 80 units
July 21 Purchases 60 units at $115
July 30 Sale 56 units
First, we need to calculate the number of units sold:
Units sold= 136
To calculate the cost of goods sold using LIFO (last-in, first-out), we need to use the cost of the last units incorporated into inventory:
COGS= 60*115 + 76*112
COGS= $15,412
When reflecting upon the newer generation, each older generation says the same thing:
Answer:
live long boomers
Explanation:
In what ways are retail banks, credit unions, and online banks different?
Answer:
The bottom line is that banks are for-profit institutions, while credit unions are non-profit. Credit unions typically brag better customer service and lower fees, but have higher interest rates. On the contrary, banks generally have lower interest rates and higher fees
The credit unions have lower fees and better interests in the saving accounts. Credit unions are a type of institution controlled by members and operated on a nonprofit basis.
Online banks are those that have internet-based services such as e-loans, and all electronic transactions. It also includes net banking and does it yourself system. Retail banking is a provision of services by the banks to the general public. They are often called as whole ale banking. While a bank can have diverse offering a credit union is limited. Banks provide a higher fee for interest and loans, while credit union is lower fees and interest rates.Learn more about the ways are retail banks, credit unions, and online banks different.
brainly.com/question/12980617.
who was the first men in india
Answer:Jawaharlal Nehru
Explanation:
Can a business succeed without having ALL four of the Factors of Production (Land, Capital, Labor and Entrepreneurs)? Why or why not?
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