The Sharpe ratio is used to compare an investment's return to its risk. Instead of demonstrating the amount of expertise of an investor, it is a quantitative expression of the notion.
The reward-to-variability ratio, sometimes referred to as the Sharpe ratio, was created by economist William F. Sharpe in 1966 as a consequence of his work on the capital asset pricing model (CAPM). In 1990, Sharpe won the Nobel Prize in economics for his work on the CAPM.
The numerator of the Sharpe ratio is the difference over time between realized or anticipated returns and a benchmark, such as the performance of a particular investment category or the risk-free rate of return.
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yesterday a bank teller failed to nonverbally recognize you as waiting for service. you perceived their lack of acknowledgement as a response.
Yesterday, the bank clerk did not non-verbally recognize that you were waiting for service. They viewed the lack of awareness as disconfirming response.
What are Disconfirming responses and their types?Disconfirming responses diminish the value of the individual receiving them. Impervious reactions ignore the other person's attempt at communication. When one person starts talking before the other has finished delivering their argument, this is known as interrupting responses. Examples: Ignore your opponent's presence. Do not make any non-verbal contact. Avoid direct eye contact etc.
There are following types of disconfirming responses: Inexplicable, interrupting, irrelevant, tangential, impersonal, or ambiguous responses.
What responses ignores the other person's feelings?Emotional devaluation doesn't have to be just verbal either. It also includes non-verbal behaviors such as Rolling your eyes, ignoring the person, or playing on the phone while someone is talking.
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Which of the following concepts is not part of the definition of a derivative under IFRS?
1) The instrument has one or more underlyings.
2) The instrument requires little or no initial net investment.
3) The instrument permits net settlement.
4) The instrument has a notional amount.
A
The instrument has a notional amount.
The definition of a derivative under IFRS does not include the concept of notional amount.
There is a notional sum for the instrument. The idea of notional amount is not included in the IFRS definition of a derivative.
What does an IFRS derivative mean?A financial instrument or other contract that falls under the purview of this Standard and possesses all of the following features is referred to as a derivative. (a) Its value fluctuates in response to changes in a specified interest rate, financial instrument price, commodity price, foreign exchange rate, index of prices or rates, or credit rating.
What does an accounting derivative mean?Accounting problems A contract that derives its value from changes in an underlying variable is known as a derivative. For instance, the price of the underlying stock determines the value of a stock option contract; if the price of the stock varies,
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a firm that has no ties to a specific nation or region and operates on a worldwide scale is called a national enterprise.
A firm that has no ties to a specific nation or region and operates on a worldwide scale is called a national enterprise. This statement is false.
A company is considered a multinational corporation (MNC) if it conducts business in at least one nation other than its own. It should also produce at least 25% of its revenue outside of its own nation. A multinational corporation typically maintains branches, factories or other facilities throughout the world in addition to a centralized headquarters that organizes worldwide administration. International, stateless or transnational corporate organizations or businesses are other names for multinational corporations. Some might have budgets that are larger than those of small nations. An organization is considered a global corporation if its operations span at least two nations. Some individuals would classify any business having an overseas branch as a multinational corporation.
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a price taker: (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) check all that apply has more control over setting prices has less control over setting prices uses more target pricing methods uses more cost-plus pricing methods
A price taker is a person who has less control over setting prices.
A person or company that accepts market pricing due to a lack of market share is referred to as a price-taker. In a market with perfect competition, all business owners are considered price takers. This applies to producers and consumers of goods and services as well as to buyers and sellers in the debt and stock markets.
In highly competitive marketplaces, businesses are price takers. If these enterprises charge higher prices than the going market rate for their products, buyers will simply buy from a different lower-cost vendor because all of these businesses provide the same (substitutable) products or services.
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The _____ presentation format assumes that given the appropriate stimulus by a salesperson, the prospect will buy. A. adaptive sellingB.stimulus-responseC.non-suggestive sellingD.consultative sellingE.canned sales
The stimulus-response presentation format relies on the notion that the prospect will buy if the salesperson provides the right stimulus.
What are 3 main duties of salesperson?Presenting, promoting, and selling items and services to current and potential clients while employing persuasive arguments are responsibilities. For fulfill the demands of new and existing customers, do cost-benefit analyses and assessing. Create, grow, and sustain a successful business and customer connection.
What makes a good salesperson?A good salesperson has more to offer customers than just an engaging pitch; they are upbeat, resilient people who take the time to learn about their clients' needs, demonstrate empathy, and deal in a product with assurance.
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In order to reduce its production costs, Delta LLC has moved its manufacturing facilities to an developing country where there are few labor protection laws. The employees at the manufacturing facilities are children and teenagers who receive minimal wages. Which of the following ethical issues is illustrated in this scenario?
A. Substandard working conditions
B. Information manipulation
C. Opportunistic exploitation
D. On-the-job consumption
E. Self-dealing
Ethical issues is illustrated in this scenario (a)- Substandard working conditions.
The correct answer is (a).
Work situations are understood as any factor of work with viable terrible effects for the health of workers, along with, further to environmental and technological components, paintings organization and control issues.
Even though we endure in thoughts that sickness isn't some thing foreign to the human situation, however that it's miles a part of its nature, in addition to fitness, it's far no much less proper that at work we get with regards to risky materials, materials and machines, with pressured bodily needs, with dangerous environmental and climatic situations, and so forth.
It's miles viable to avoid unjust infection and loss of life, within the experience of preventable, premature, and with those adjectives maximum of the paintings-related damages may be defined.
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Rydell Company exchanged business realty (initial cost $55,250; accumulated depreciation $25,450) for like-kind realty worth $44,000 and $2,000 cash. Assume that depreciation on the realty exchanged was computed using the straight-line method and that Rydell Company is not a corporation. As a result, Rydell must recognize: Multiple Choice $2,000 ordinary gain $2,000 Section 1231 gain O No gain or loss None of the above
The initial business real estate exchange cost was $55,250.
Amount of accumulated depreciation = $25450
Exchanged business reality value = $29800
Received consideration = $44,000
Received cash consideration = $2,000
Amount received in full = $46,000.
Gain according to Section 1231: $14200 ($44,000 - $29800).
Received cash = $2,000
Total Gain = $16200
Total Gain Amount refers to the sum of all realized capital gains made by the Company cumulatively from its founding to the conclusion of any fiscal year, expressed in dollars.
To calculate the investment's total gain, investors must first discover the investment's original cost or purchase price. The investment's gain or loss is then determined by subtracting the purchase price from the sale price.
The percentage of gain or loss on an investment is very important since it shows the difference between what was achieved and what was needed to achieve the gain.
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goldwin enterprises has hired you as a network administrator to monitor the network and to ensure that the network functions reliably. to monitor the entire network, you will require a device that will display sensor data on your configurable dashboard. which of the following software will you request from the management?
To monitor the entire network, we will require a device that will display sensor data on your configursable dashboard known as Room Alert Monitor by AVTECH.
Software for network monitoring is used to record, analyse, and examine network data as well as to interpret protocols. Network administrators can find network vulnerabilities and activity with the application. The Room Alert Monitor by AVTECH is a well-known piece of networking software. The Room Alert platform, which consists of monitors, sensors, software, and accessories, collaborates to continuously monitor your environment and keep you informed of any changes. This gives you and your team the opportunity to take action in response to potential threats before they develop into irreversible disasters.
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You probably own several pairs of shoes. Further, it is likely you purchased those shoes at retail stores located in a shopping mall and not directly from the manufacturer. In fact, most products are brought to you from a series of other individuals or firms known as amarketing channel
In fact, the most products are brought to you from series of other individuals or firms known as marketing channel.
What is a marketing channel?A marketing channel comprises of the individuals, groups, and tasks required to move ownership of products from the point of production to the point of consumption. It serves as a distribution route and is how things are delivered to consumers, who are the ultimate users. The development of an efficient and well-thought-out marketing strategy depends on the usage of a marketing channel as a management tool. Utilizing more than one distribution route, this less conventional type of the channel enables the manufacturer or wholesaler to reach the end customer. The producer has the option of selling to a different business or retailer who would then market to the consumer through a different channel, such as a store, or directly to them through a direct market like a website.
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Lucia withdraws $6,000 from her checking account to pay tuition this semester. Assume that the reserve requirement is 20% and that banks do not hold excess reserves. As a result of the withdrawal, required reserves: decrease by $6,000.
b) As a result of the withdrawal, required reserves: decrease by $1,200.
This is because the required reserve ratio is 20%. This means that for every $100 that is withdrawn from the account, the bank must keep $20 in reserves. Since Lucia withdrew $6,000, the bank must keep $1,200 in reserves ($6,000 x 20% = $1,200). Therefore, the required reserves decrease by $1,200.
Required reserves refer to the amount of money that banks must hold in reserve against deposits made by customers. Banks are required to hold a certain percentage of their deposits as reserves with their central bank. These reserves are used to meet customer withdrawals and to cover unexpected losses.
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Country X's economy is in an inflationary gap. Which of the following combinations of fiscal and monetary policy actions would restore full employment in the short run?
answer choices
A decrease in income taxes and a decrease in the required reserve ratio
A decrease in government spending and an open-market purchase of government bonds by the country’s central bank
A decrease in government spending and an open-market purchase of government bonds by the country’s central bank
A decrease in government spending and an open-market purchase of government bonds by the country’s central bank
The way to move forward would be a decrease in government spending and an open-market purchase of government bonds by the country’s central bank.
What is an open-market purchase?
The Federal Reserve's purchases and sales of securities on the open market are referred to as "open market operations" (OMO) (Fed). The Fed runs open market operations to control the amount of money held in reserve by American banks. Treasury securities are bought by the Fed to boost the money supply and sold to decrease it. The federal funds rate, which affects other short-term, long-term, and foreign exchange rates, can be changed by the Fed using OMO. This may alter the quantity of money and credit accessible to the economy and have an impact on a number of economic variables, including output, unemployment, and the price of goods and services.
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Hinkley Corporation recently filed the following information with the SEC regarding its executive compensation.
Base Salaries: We provide competitive base salaries that allow us to attract and retain a high-performing leadership team.
Annual Bonus: All executive officers participate in our Company’s Management Incentive Plan (MIP). The MIP is designed to motivate and reward executives by aligning pay with annual performance.
Long-Term Incentives: To better align the interests of management with long-term stockholder interests, we provide long-term incentives to executive officers. We deliver long-term incentives typically in the form of stock options. The long-term incentives are designed to reward executives for increasing long-term stockholder value and to retain them at the company.
Long-Term Incentives:
a) Fixed bonus
b) Local orientation
c) Competitive schemes
d) Short horizon
e) Company-wide orientation
f) Variable bonus
g) Stock-based evaluation
h) Cooperative schemes
i) Accounting-based evaluation
j) Long horizon
The characteristics of long - term incentives are, as awarded by Hinkley Corporation, are:
e) Company-wide orientationf) Variable bonusg) Stock-based evaluationh) Cooperative schemesj) Long horizonWhat are long - term incentives ?A long-term incentive plan (LTIP) is a corporate rule that compensates staff for achieving particular objectives that boost shareholder value.
The retirement plan known as a 401(k) is one sort of LTIP. Employees are more likely to stay with a company until retirement if their employer matches a portion of their contributions to the retirement plan.
An further LTIP is stock options. Employees may be permitted to purchase business stock at a reduced price after a predetermined period of employment while the employer covers the remaining balance.
An LTIP will have a long horizon as it goes far into the future. The schemes will be corporative to encourage team work and the criteria will be Stock-based evaluation. The bonus will be variable depending on performance.
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which of the following statements is a primary objective of accounting for income taxes? to compare an enterprise's federal tax liability to its state tax liability. to identify all of the permanent and temporary differences of an enterprise. to estimate the effect of the tax consequences of future events. to recognize the amount of deferred tax liabilities and deferred tax assets reported for future tax consequences.
To recognize the amount of deferred tax liabilities and deferred tax assets reported for future tax consequences is a primary objective of accounting for income taxes.
An income tax is a charge levied against people or organizations in relation to the income or profits they make. In most cases, income tax is calculated as the sum of the tax rate and the amount of taxable income. The kind of taxpayer and the type of income are two factors that might affect the tax rate.
The money the government receives is referred to as tax revenue, and it can be used for a variety of things, including building public infrastructures like roads, railways, bridges, dams, and other similar things, financing public healthcare and education, and funding the military and other civil services.
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In a BIP problem, 1 corresponds to a yes decision and 0 to a no decision. If there are 4 projects under consideration (A, B, C, and D) and at most 2 can be chosen then the following constraint needs to be added to the formulation:
The following limitation needs to be added to the formula A+B+C+D2 if there are four projects (A, B, C, and D) under consideration and only two can be chosen.
What is a constraint graph?A constraint network can be depicted by the graph referred to as a primal constraint graph, or just a constraint graph. A variable is represented by each node on the graph, and the arcs connecting those nodes whose variables are covered by a constraint scope of the issue are known as constraints.
What makes a constraint either linear or nonlinear?If every term in a constraint is of the first order, then it is said to be linear. Indicating that the constraint has no variables that have been squared, cubed, or raised to powers other than one, split by variables, or multiplied by themselves. Also necessary is proportionality.
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FILL IN THE BLANK considering both the keynesian and the aggregate demand-supply frameworks, if households as a group experience an increase in wealth at a given price level, then the te curve shift____ , the ad curve shifts ______ , and real gdp .____
The TE curve shifts upward, the AD curve shifts upward, and Real GDP rises if households as a group experience a gain in wealth at a particular price level.
What does Keynes' definition of aggregate demand entail?The Keynesian viewpoint emphasizes total demand. The concept is straightforward: businesses only produce stuff if they anticipate selling it. Thus, a country's potential GDP is determined by the availability of the factors of production, whereas the number of goods and services actually produced and sold, or real GDP, depends on the level of demand across the economy. Let's say GDP falls short of potential. Changes in aggregate demand then directly affect GDP without affecting the level of prices. Real GDP is calculated, in essence.
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a prospectus that contains detailed financial data may be sent annually to stockholders of publicly owned corporations.
A prospectus that contains detailed financial data may be sent annually to stockholders of publicly owned corporations. This statement is false.
What are stockholders ?Owners of an organization's existing shares, also known as shareholders or stockholders, are entitled to a piece of the company's remaining assets, earnings, and voting power.
To go deeper into the concepts, the phrase "stockholder" actually refers to the owner of stock, which is akin to inventory, as opposed to shares. In contrast, "shareholder" refers to the person who owns shares, which can only refer to equity shares in a company.
Thus, A prospectus that contains detailed financial data may be sent annually to stockholders of publicly owned corporations. This statement is false.
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Which of the following factors is important in selecting a forecasting method? O Data availability O Time horizon to forecast O Observing trend or seasonality in data O All of the other choices
B) When choosing a forecasting method, time horizon to forecast factors are crucial.
Since accuracy is the most important aspect, choosing a forecasting method should only take into account forecast accuracy.
How does data forecasting work?An estimate is an expectation made by concentrating on verifiable information and past examples. Data that has been collected over a long period of time is analyzed by businesses using software tools and systems.
What kinds of data are available for forecasting?Opinions, guesses, facts, figures, and other relevant data are all used to make forecasts. When making a forecast, every factor reflects, at least in part, what the company has done in the past and what is thought to be likely to happen in the future.
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jan. 19 sold merchandise on account to dr. kyle norby, $17,190. the cost of goods sold was $9,550. june 2 received $5,500 from dr. kyle norby and wrote off the remainder owed on the sale of january 19 as uncollectible. oct. 23 reinstated the account of dr. kyle norby that had been written off on june 2 and received $11,690 cash in full payment. journalize the above transactions in the accounts of canyon river medical co., a medical equipment company that uses the direct write-off method of accounting for uncollectible receivables.
The journal entry for the given transaction is written as follows.
Jan. 19 Accounts receivable Dr. $ 17,190
To Sales $ 17,190
( Sales details)
Cost of Goods Dr. $ 9,550
To Inventories $ 9,550
(Purchase details)
The term journal entry in accounting is known as the method used to record all individual financial transactions made by a company into its journal.
Here we have given the list of transactions.
And we need to journalize the transaction based on the credit and debit basis.
While we looking into the given question, here the following transactions are given
The first step for preparing the journal is to identify the debits and credits,
Here we have given that on Jan. 19 sold merchandise on account to dr. Kyle Norby, $17,190 and the cost of goods sold was $9,550.
Here the merchandise account will fall under debit and the goods sold falls under the credit.
So, the journal for the given transaction has been created above.
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Which of the following is not a threat to the revenue cycle sales order entry process? A) incomplete orders. B) invalid orders. C) cash flow problems
cash flow problems is not a threat to the revenue cycle sales order entry process.
The appointment or hospital visit initiates the revenue cycle, which concludes when the hospital or provider is fully compensated for the services rendered. Preregistration, registration, charge capture, claim filing, remittance processing, insurance follow-up, and patient collections are the seven steps of the revenue cycle. The financial management procedure that aids in tracking, identifying, collecting, and managing incoming payments is known as revenue cycle management (RCM). By doing this, businesses can encourage financial openness inside their organisation and ensure that people are charged fairly for the services and medical care they get. The financial procedure that healthcare institutions employ to track patient care episodes from registration and appointment scheduling through the final payment of a balance is known as revenue cycle management (RCM), and it makes use of medical billing software.
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FILL IN THE BLANK. E-commerce ________ is the ability of an organization to create a strong presence among consumers in many places, with minimal time constraints, to sell them products and services.
prevalence
selectivity
presence
ubiquity
The capacity of a firm to build a strong presence among customers in numerous areas, with low time limitations, in order to sell them products and services is referred to as e-commerce ubiquity. Thus, the correct choice is ubiquity.
What is ubiquity in e-commerce?E-commerce is the electronic purchase and selling of products utilizing online services over the Internet. Mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange, inventory management systems, and automated data gathering systems are all employed in e-commerce.
The power of a company—and the products and services it sells—to create a dominant presence among customers is referred to as ubiquity. Although physical retail locations and traditional marketing efforts help to attain this aim, the Internet and e-commerce do a lot to increase a company's ubiquity.
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customer life-cycle (clc) planning is: group of answer choices making sure each product does not become obsolete. reducing product cost to support a low price strategy. a strategy for retaining customers over much of their lifetime. reducing marketing communicatio costs over the product life-cycle (plc). all of these answers are correct.
Customer life-cycle (clc) planning is (c) a strategy for retaining customers over much of their lifetime
The main goal of customer life cycle planning is to keep clients for the majority of their lives. It is because consumers do not support brands or products for an extended period of time. By offering goods and services that satisfy consumers' requirements, wants, and expectations, businesses want to extend their customers' stay.
Customer lifecycle management, or CLM, is the measurement of several customer-related metrics that, when examined over time, reveal an organization's success.
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a flexible budget would be useful for how many of the following: wages for direct labor variable overhead costs administrative salaries direct material costs
A flexible budget would be useful for all of the following
A flexible budget is a budget that adjusts to changes in activity levels within a certain range. It is designed to be responsive to changes in business conditions and allows an organization to better respond to fluctuations in demand or factors affecting its operations. For example, if an organization experiences an increase in demand for its products it may need to hire additional labor to meet this demand. A flexible budget would allow the organization to adjust its labor budget to reflect this increase in demand.
Similarly, a flexible budget would be useful for variable overhead costs, such as utilities or supplies, which can vary based on changes in activity levels. Administrative salaries and direct material costs may also be subject to fluctuations based on demand changes or other factors, and a flexible budget would allow an organization to adjust its budget accordingly.
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jonas is a 60% owner of ard, an s corporation. at the beginning of the year, his stock basis is zero. jonas's basis in a $20,000 loan made to ard and evidenced by ard's note has been reduced to $0 by prior losses. during the year, jonas's net share of ard's taxable income is $10,000. at the end of the year, ard makes a $15,000 cash distribution to jonas.
Jonas's capital gain on distribution of cash is $5,000.
What is a capital gains distribution?The capital gains distribution is the payment of a percentage of the profits from the sale of stocks and other assets from a mutual fund's or exchange-traded fund's (ETF) portfolio. It represents the investor's pro rata portion of the earnings from transactions made with the fund. Cash distributions made by C-corporations are frequently qualified dividends that result in taxable dividend income.
Such dividend income will be taxed to U.S. citizens at either the short-term or long-term capital gains rates depending on how long they held the dividends. Throughout the year, fund managers buy and sell investments. They are legally obligated to distribute capital gains, which are the earnings from such transactions, to shareholders.
The capital gain on distribution of cash is calculated as follows;
Given
The Capital Gain = Cash Distribution - Jonas's basis in is stock
=$15,000 - $10,000
=$5,000
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The complete question is:
Jonas is a 60% owner of Ard, an S corporation. At the beginning of the year, his stock basis is zero. Jonas’s basis in a $20,000 loan made to Ard and evidenced by Ard’s note has been reduced to $0 by prior losses. During the year, Jonas’s net share of Ard’s taxable income is $10,000. At the end of the year, Ard makes a $15,000 cash distribution to Jonas. After these transactions, what is Jonas’s basis in his stock, and what is his basis in the debt? What is Jonas’s recognized capital gain?
Paulina manages a fast food restaurant. Which of the following represents Paulina dealing with a personal barrier to communication?
A. Feeling overwhelmed by the high volume of e-mails, reports, and customer calls, Paulina decides to walk around the exterior of the restaurant for 15 minutes.
B. After hiring two new employees who speak Portuguese, Paulina has the employee handbook and all the restaurant’s signs translated.
C. When Paulina notices a customer who is clenching her fists and glaring angrily into the kitchen, Paulina warmly greets the customer and asks what she can do to help.
D. Paulina orders new cash registers because the old ones could not integrate credit cards sales in with cash purchases.
Feeling overwhelmed by the high volume of e-mails, reports, and customer calls, Paulina decides to walk around the exterior of the restaurant for 15 minutes.
Correspondence hindrances keep an individual from accurately getting and tolerating the messages others use to impart their data, contemplations, and thoughts. A portion of the instances of correspondence obstructions is data over-burden, finicky insights, work environment tattles, semantics, and distinctions in sexual orientation.
An individual confronting an obstruction in correspondence will respond contrastingly in specific circumstances which aren't normal. Paulina being a café director ought to be acclimated to getting a high volume of messages, reports, and minutes and there isn't anything overpowering in it.
Paulina's mind-boggling response addresses that she is managing an individual obstruction to correspondence. In this manner, the right response is choice A.
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The following are the components in determining cost of goods sold Determine the missing amounts Beginning Inventory Purchases (a) (b) S S $81,000 $48,300 $ $105,200 5 $115,000 Cost of Goods Available for Sale $113,000 $159.000 Ending Inventory $33,900 S $30,700 $ Cost of Goods Sold $120,000 This problem has been solved!
$66,200, $79,100, $128,300 are the missing amounts Beginning Inventory Purchases.
(a) Cost of goods available for sale= Beginning inventory + Purchases
= $81,000+$105,200
= $186,200
Cost of goods sold =Cost of goods available for sale- Ending inventory
$120,000 = $186,200-Ending inventory
Ending inventory = $186,200-$120,000
= $66,200
(b) Cost of goods available for sale= Beginning inventory + Purchases
$113,000 = $48,300+ Purchases
Purchases = $113,000-$48,300
= $64,700
Cost of goods sold =Cost of goods available for sale- Ending inventory
= $113,000-$33,900
= $79,100
(c) Cost of goods available for sale= Beginning inventory + Purchases
$159,000 = Beginning inventory + $115,000
Beginning inventory = $159,000-$115,000
= $44,000
Cost of goods sold =Cost of goods available for sale- Ending inventory
= $159,000-$30,700
= $128,300.
inventory or stock refers to the products and materials that a enterprise holds for the last goal of resale, manufacturing or utilisation. stock control is a field on the whole about specifying the shape and placement of stocked items.
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Which of the following exerts force necessary to focus on distant objects? Note: the correct answer to this question is correct, but misleading. As the smooth muscle relaxes, force is exerted on the suspensory ligaments. The question will not appear on the final. Please enter "smooth muscle in the ciliary body".not . Elastic tissue in the lens
c. Smooth muscle in the ciliary body.
The tissue ring that surrounds the lens is known as the ciliary body. The ciliary body is made up of ciliary muscles, which are smooth muscular fibers that help to shape the lens. There are ciliary processes that contain capillaries on the lens' posterior surface. The fluid (aqueous humor) is secreted into the anterior part of the eyeball by the capillaries.
The short ciliary nerves that emerge from the ciliary ganglia supply parasympathetic fibers to the ciliary muscle. While presynaptic parasympathetic fibers to the ciliary ganglia travel with the oculomotor nerve, the parasympathetic postganglionic fibers are a component of cranial nerve V1 (Nasociliary nerve of the trigeminal).
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Complete Question:
Which of the following exerts force necessary to focus on distant objects? Note: the correct answer to this question is correct, but misleading. As the smooth muscle relaxes, force is exerted on the suspensory ligaments. The question will not appear on the final. Please enter "smooth muscle in the ciliary body".
Select one:
a. Smooth muscle in the optic nerve
b. Elastic tissue in the lens
c. Smooth muscle in the ciliary body
d. Smooth muscle in the sclera
e. Smooth muscle in the iris
When a cost formula is used to describe a mixed (semi-variable) cost behavior pattern, total costs are expected to increase and per unit variable costs are expected to:
remain constant as the level of activity increases.
decrease as the level of activity increases.
decrease as the level of activity decreases.
increase as the level of activity increases.
remain constant as the level of activity increases.
When a cost formula is used to describe a mixed (semi-variable) cost behavior pattern, total costs are expected to rise while per unit variable costs are expected to stay the same as activity levels rise.
What is the semi-variable cost formula?
Semi-variable cost is the sum of fixed and variable costs. Change in cost divided by change in output is variable cost per unit.
What is a cost that is semi-variable?
A cost that is made up of a mix of fixed and variable parts is called a semi-variable cost, a semi-fixed cost, or a mixed cost. After a certain level of production or consumption is exceeded, costs become variable and become fixed.
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TRUE/FALSE. similar to a stock split, a stock also distributes additional shares of stock to existing stockholders on a pro rata basis at no cost to the stockholders.
Similar to a stock split, a stock dividend also distribute additional shares of stock to existing stockholders on a pro-rata basis.
A stock dividend is a distribution of additional shares of stock to existing shareholders on a pro-rata basis, similar to a stock split. It is usually paid out of company's retained earnings and does not require any additional investment from the shareholders. Both stock splits and stock dividends are used by companies to increase the liquidity and marketability of their stock.
The difference between a stock split and a stock dividend is that a stock split increases the number of shares outstanding and reduces par value of each share, while a stock dividend does not change the number of shares outstanding or par value of each share. Instead, a stock dividend simply increases the number of shares held by each shareholder, without changing the overall value of the shareholder's investment.
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Willingham, Inc., an accrual basis C corporation, reports pretax book income of $1,600,000. At the beginning of the year, Willingham reported no deferred tax accounts on its balance sheet. At the end of the year, Willingham’s depreciable assets had a net book value of $15,000,000. It is subject to a 21% U.S. income tax rate in the current year and for the foreseeable future.
Willingham’s book-tax differences include the following. Compute the entity’s current and deferred Federal income tax expense for the year.
Answer:
Willingham, Inc. reports pretax book income of $1,600,000. The entity is subject to a 21% income tax rate, so its current Federal income tax expense would be 21% * $1,600,000 = $<<21*.01*1600000=33600>>336,000.
If Willingham has no deferred tax accounts on its balance sheet at the beginning of the year and its depreciable assets have a net book value of $15,000,000 at the end of the year, then it likely has a significant amount of depreciation expense on its income statement. This would create a book-tax difference, as depreciation expense is deductible for tax purposes but not for book purposes. As a result, Willingham may have a deferred tax liability on its balance sheet at the end of the year.
To calculate the deferred tax liability, we would need to know the amount of depreciation expense on Willingham's income statement and the difference between the depreciation expense for book and tax purposes. With this information, we can calculate the deferred tax liability as follows:
Deferred tax liability = (Book depreciation expense - Tax depreciation expense) * Tax rate
Without more information about Willingham's depreciation expense and book-tax differences, it is not possible to calculate the entity's deferred tax liability.
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