The money she received from her parents for the purchase of school supplies would be used as a medium of exchange.
What is money?Money is anything that is generally chosen and accepted by a community, as a medium of exchange and standard of value.
Characteristics of money are:
Medium of exchangeStore of valueMeasure of valueHence, the money she received from her parents for the purchase of school supplies would be used as a medium of exchange.
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One natural consequence of mastering your job can be increased _______. a. excitement b. boredom c. interest d. fear please select the best answer from the choices provided a b c d
The complete statement is "One natural consequence of mastering your job can be increased interest." Option C. This is further explained below.
What is interest?Generally, interest is simply defined as the desire to understand more about something.
In conclusion, When you've mastered your profession, it's normal to feel more enthusiastic about it.
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Which investment type describes loans to business or governments
A. Bonds
B. IRAs
C. Mutual funds
D. Stocks
The investment type that describe loans to business or governments is called bonds.
What is a bond?This is a debt instrument, in which the holder gets interest for a period of time. Here, when the bond matures, the holder gets back his or her money.
A bond is like a loan, with an option to receive interest.
Hence, the investment type that describe loans to business or governments is called bonds.
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Answer: BONDS
Explanation:
Minaret, Inc., issued 10,000 shares of $50 par value preferred stock at $68 per share and 12,000 shares of no-par value common stock at $15 per share. The common stock has no stated value. All issuances were for cash. a. Prepare the journal entries to record the share issuances. b. Prepare the journal entry for the issuance of the common stock assuming that it had a stated value of $4 per share. c. Prepare the journal entry for the issuance of the common stock assuming that it had a par value of $2 per share.
Journal entries are described as follows:
The journal entry for preferred stock is recorded as a debit to cash by $680,000 and credit to preferred stock by $500,000 and the rest of the amount is transferred to additional capital at $180,000 and the journal entry for common stock with no stated value is recorded as a debit to cash and credit to common stock with equal amounts of $180,000.The journal entry for common stock at stated value is recorded as a debit to cash by $ 180,000 and credit to common stock and additional capital with $48,000 and $132,000.The journal entry for common stock at modified par value is recorded as a debit to cash by $ 180,000 and credit to common stock and additional capital with $24,000 and $156,000.What is a journal book?A journal book is an accounting book firstly prepared by a company to record monetary transactions in a specified format.
The journal entries are recorded as follows:
Date Particulars Debit (in $) Credit (in $)
A) Cash (10,000 X $68) 680,000
Preferred stock (10,000 X $50) 500,000
Additional capital (10,000 X $18) 180,000
(To record the issue of preferred stock)
Cash (12,000 X $15) 180,000
Common stock 180,000
(To record the issue of common stock
with no stated value)
B) Cash (12,000 X $15) 180,000
Common stock (12,000 X $4) 48,000
Additional capital (12,000 X $11 ) 132,000
(To record the issue of common stock
with stated value at $4 per share)
C) Cash (12,000 X $15) 180,000
Common stock (12,000 X $2) 24,000
Additional capital (12,000 X $13 ) 156,000
(To record the issue of common stock
with par value at $2 per share)
Therefore, the journal entries are recorded as mentioned and explained above.
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What are the F. W. Taylor's
[tex] \large \sf \blue {\underline{Principles}} \: \: of \:\bf \: \underline\red{Management}[/tex]
Answer:
In his own words, these are: “Develop a science for each element of…work”; “Scientifically select and then train, teach, and develop the [worker]”; “Cooperate with the [worker] so as to [ensure] all of the work [is] being done in accordance with the principles of the science which has been developed”; and.
[tex]\huge\pmb{\red{A}\pink{N}\orange{S}\blue{W}{E}\purple{R}\purple{→}}[/tex]
Frederick Winslow Taylor is known as the Father of Scientific Management, which also came to be known as “Taylorism.”Taylor believed that it was the role and responsibility of manufacturing plant managers to determine the best way for the worker to do a job, and to provide the proper tools and training.Explanation:
Hope it helps you!!For almost 20 years, Hank has been the top sales professional for Strickland Propane. He credits his success to following the first law of business, which is toMultiple Choicedo things right.get things done through people.innovate or die.take care of the customer.
Instead of "discovering" what clients already know they need, they gain their allegiance by introducing them to a completely different way of thinking.
Customers expect salespeople to offer creative fixes for issues. They search for adaptability and imagination. demonstrates to me how to evade dangerous land mines.
Thus, Option D is correct.
What defines exceptional client service?Going above and beyond to meet your customer's needs is what excellent customer service is all about. It entails much more than just offering timely and pleasant help. More significantly, it entails going above and above to ensure that your customers are more than just satisfied.
They are genuinely pleased with your offerings. This skill set includes the capacity to pay attention to a customer's issue, recognize potential conflict causes, generate alternate alternatives, and implement a solution. It's beneficial to demonstrate to clients your willingness to efficiently sort through the chaos.
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An IAR has a customer with $1 million under management. The customer is experiencing a cash flow shortfall but does not want to liquidate part of the portfolio because it is performing so well. The client calls the IAR and asks for a short-term loan of $25,000. What should the IAR do
What the IAR has to do would be to The IAR should refuse the client's request.
Who is an IAR?This is a person that works in an investment office an issues investment advise to clients for a certain fee.
The IAR has to refuse the request based on the situation s following the request that the client is making.
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Read the sentence.the marketing mix, also known as the four ps of marketing, consists of product, price, promotion, and _[blank]_.which best completes the sentence
The marketing mix, also known as the four p's of marketing, consists of product, price, promotion, and place. They are the main essential elements in the marketing mix, which implies in the strategic formation of the company.
What is marketing mix?Marketing mix is the strategy in the initial state of introducing the product. The company do the study about the product which they are going to launch before introducing it into the market.
They have four main elements of the marketing mix that are product is that which is going to launch, price consist of the price of the product in the initial stage, place consist of the place where the product is going to launch, and promotion is the technique of advertising the product's and features.
Thus, it is place.
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What is the yield on a corporate bond with a $1000
face value purchased at a discount price of $875, if
it pays 8% fixed interest for the duration of the
bond?
yield = [ ? ] %
Give your answer as a percent rounded to the nearest
hundredth
Hint: yield = interest paid
price paid
Based on the calculations, the yield on this corporate bond is equal to 9.14%.
What is yield?Yield can be defined as a measure of the income returned or earned from an investment such as the interest earned from holding a corporate bond.
Mathematically, the yield on an investment can be calculated by using this formula:
Yield = Interest paid/Price paid
However, we would need to determine the interest paid as follows:
Interest paid = value of bond × Interest rate
Interest paid = 1000 × 0.08
Interest paid = $80.
Substituting the given parameters into the formula, we have;
Yield = Interest paid/Price paid
Yield = 80/875 × 100
Yield = 9.14%.
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Pina Colada Company has the following balances in selected accounts on December 31, 2022.
Accounts Receivable
$ 0
Accumulated Depreciation—Equipment
0
Equipment
9,240
Interest Payable
0
Notes Payable
13,200
Prepaid Insurance
2,772
Salaries and Wages Payable
0
Supplies
3,234
Unearned Service Revenue
39,600
All the accounts have normal balances. The following information has been gathered at December 31, 2022.
1. Pina Colada Company borrowed $13,200 by signing a 12%, 1-year note on September 1, 2022. Interest will be paid when the note is repaid.
2. A count of supplies on December 31, 2022, indicates that supplies of $1,188 are on hand.
3. Depreciation on the equipment for 2022 is $1,320.
4. Pina Colada paid $2,772 for 12 months of insurance coverage on June 1, 2022.
5. On December 1, 2022, Pina Colada collected $39,600 for consulting services to be performed evenly from December 1, 2022, through March 31, 2023.
6. Pina Colada performed consulting services for a client in December 2022. The client will be billed $5,544.
7. Pina Colada pays its employees total salaries of $11,880 every Monday for the preceding 5-day week (Monday through Friday). On Monday, December 29, employees were paid for the week ending December 26. All employees worked the last 3 days of 2022.
The appropriate journal entries to record the transactions are: Debit Interest expense $528; Credit Interest payable $528.
Journal entriesPina Colada Company journal entries
Debit Interest expense $528
Credit Interest payable $528
($13,200×12%×4/12)
Debit Depreciation expenses $1,320
Credit Accumulated depreciation equipment $1,320
Debit Supplies expenses $2,044
Credit Supplies 2044
(3234-1,188)
Debit Insurance expenses $1,617
Credit Prepaid insurance $1,617
($2,772×7/12)
Debit Unearned service revenue $9,900
Credit Service revenue $9,900
($39,600×1/4)
Debit Accounts Receivable $5,544
Credit Service Revenue $5,544
Debit Salaries and wages expenses $7,128
Cred it Salaries and wages pay $7,128
($11,880×3/5)
Therefore the appropriate journal entries to record the transactions are: Debit Interest expense $528; Credit Interest payable $528.
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A 4% S/A coupon bond with 4 coupons remaining has a BEY of 8.00%. You buy the bond a little over a month before you get the first coupon. Specifically, the fraction of the 6-month period that has already elapsed is 0.80. Calculate the dirty price of this bond.
A 4% S/A coupon bond with 4 coupons remaining has a BEY of 8.00%, is mathematically given as
DP=95.696. Option D is correct
What is the dirty price of this bond?Generally, dirty price is simply defined as It's important to note that a "dirty price" is simply a bond pricing quotation that takes into account both the coupon rate and any interest that has already accumulated on the bond.
In conclusion, Dirty price
DP = (Clean price + interest Accrued)
Therefore
DP=0.80*(4%*100/2)+2*(1-(1+4%)^(-3.20))/(4%)+100/(1+4%)^(3.20)
DP=95.696
CQ
A4% S/A coupon bond with 4 coupons remaining has a BEY of 8.00%. You buy the bond a little over a month before you get the first coupon. Specifically, the fraction of the 6-month period that has already elapsed is 0.80.
Calculate the dirty price of this bond.
O 81.370
85.216
93.471
o 95.696
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Why should you avoid leaving your idle
cash sitting in a bank?
A. You will not be able to access it quickly.
B. Your money will not be growing as rapidly as if you used
another option.
C. You will be required to pay a high interest rate.
A local clinic (institution) in need of more Purell antibacterial soap might purchase it from Target, which is a Blank______ of soap, whereas a local high school (institution) in need of more textbooks might buy some from McGraw-Hill, which is a Blank______.
The complete statement is "A local clinic (institution) in need of more Purell antibacterial soap might purchase it from Target, which is a retailer soap, whereas a local high school (institution) in need of more textbooks might buy some from McGraw-Hill, which is a manufacturer. This is further explained below.
What is a clinic?Generally, clinic is simply defined as a unit where outpatients get medical treatment or counseling, particularly of a specialized kind.
In conclusion, Target is a retailer of Purell antibacterial soap, while McGraw-Hill is a producer of textbooks. "A local clinic (institution) in need of extra Purell antibacterial soap may acquire it from Target, which is a retailer soap," the whole statement reads.
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conduct a research in your community on the negative impact of strikes as a socio-economic issue on businesses and present your findings
The negative impact does strikes have on the economy are:
Low employment rate.Low business confidence.Increases in the level of risk of economic stagflation, etc.What are the effects of strikes on the economy?The negative impact of strike is that it strains the employment relationships that exist between parties and thus influence teamwork and profitability negatively.
Note that a lot of Businesses suffer production and financial losses as well as low consumer confidence during these strikes.
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The___________ made farming more eddcient meaning that less people were needed to work on farms. This created abundance of workers who could work in factories leadigng to the sucess of the __________
The Industrial Revolution made farming more decent meaning that less people were needed to work on farms. This created abundance of workers who could work in factories leading to the success of the production.
What is Industrial Revolution?Industrial Revolution can be regarded as the period which involves the increase of industry as well as usage of plants and advance machineries for increase in production and efficiency.
Therefore , Industrial Revolution created abundance of workers who could work in factories leading to the success of the production.
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When choosing a capital budgeting technique, the Blank______ may play an important role in the choice.
When choosing a capital budgeting technique, the projects may play an important role in the choice.
What is capital budgeting?Capital budgeting refers to the decision-making process for rejecting and accepting projects or investments.
It refers to a process a business undertakes to evaluate the potential major projects or investments. When choosing a capital budgeting technique, the projects may play an important role in the choice.
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An indirect measure of risk that tells us how much a firm earned for each dollar invested by its owners is called blank______. multiple choice question. the current ratio earnings per share return on sales return on equity
An indirect measure of risk that tells us how much a firm earned for each dollar invested by its owners is called return on equity.
What is return on equity?Return on equity can be defined as a process use by company or organization to measure risk , profit or net income after tax divide by the company equity over a period of time.
Formula for Return or equity is:
Return on equity= Net income after tax/ Total owners' equity.
Therefore the correct option D.
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Managers make assumptions in CVP analysis. These assumptions include: (Check all that apply.) Multiple select question. some units produced are not sold. constant total variable costs. costs can be classified as variable or fixed. costs are linear within the relevant range. constant unit sales. constant fixed cost per unit.
The assumptions that are made in CVP analysis includes the following:
costs can be classified as variable or fixed.costs are linear within the relevant range.constant fixed cost per unit.What is CVP analysis?Cost Volume Profit analysis is the type of analysis that has to do with the cost accounting. This type of analysis is one that takes the impact of the various costs and volume on profit.
It helps to check how the changes that occur in the variable and the fixed cost affect profit.
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Answer:
only
-cost are linear within the relevant range
-cost can be classified as variable or fixed
Explanation:
Grandpa owns a farm. in a signed writing, grandpa gave sue the irrevocable right to use a road on his farm so that sue could more easily reach her own property. what kind of interest in land did grandpa give to sue
The kind of interest in the land did grandpa give to sue is Easement appurtenant.
What is interest?
"Interest in land" refers ownership right of any individual in their property. A right over a piece of real estate is referred to as an interest in land.
A registered proprietor tenement and dominating tenement estates are connected together in an easement appurtenant.This right of property entitles the possessor to use adjacent land.
This real estate goes with the land when you sell it. The land parcel that benefits from the easement is known as the dominant tenement, whereas the land parcel that supplies the easement is known as the servient tenement.
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On January 1, 2022, Sunland Corporation had retained earnings of $548,000. During the year, Sunland had the following selected transactions. 1. Declared cash dividends $128,000. 2. Corrected overstatement of 2021 net income because of inventory error $44,000. 3. Earned net income $349,000. 4. Declared stock dividends $64,000.
The retained earnings balance at the end of the year is $661,000.
Retained earnings balanceUsing this formula
Ending retained earning = Beginning retained earning balance - Cash dividend declared - Overstatement of inventory error + Net income - Stock dividend declared
Let plug in the formula
Ending retained earning= $548,000 - $128,000 - $44,000 + $349,000 - $64,000
Ending retained earning= $661,000
Therefore the retained earnings balance at the end of the year is $661,000.
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The goals of most labor unions in the 1930s was the right to organize, in the 1970s to increase worker pay and benefits, in the 1980s union recognition and job security, today to reduce job loss from outsourcing. One can conclude that: Multiple choice question. changes in the social and economic environment determine the goals of labor in a given period union leadership operates without concern for the economic and social environment the goals of labor unions do not change over time regardless of the economy unions do not adapt to changes in the environment
It can be concluded from the Labor Union goals that changes in the social and economic environment determine the goals of labor in a given period. Thus the First option is correct.
What is Economic Environment?Economic environment refers to the External factors of the economy which affects the working of the Company. For example The rise in the prices of the fertilizer will affect the farmer.
The goal of the labor union defines the changing patterns of the social and the economic environment estimates the aim of the labor in the given period of the time.
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Dominick earned $7.25 per hour until his state raised the minimum wage to $12 per hour, at which time his pay was increased to $12. Which law is the organization abiding by in this scenario
The law that Dominick's organization is abiding to when they increased his pay is the Fair Labor Standards Act (FLSA).
What does the Fair Labor Standards Act (FLSA) call for?It states that employees should be treated in a fair manner that is consistent with the work they put in.
The Act makes this clearly by specifying that minimum wage laws should be abided by which was why the organization increased Dominick's wages when the minimum wage was raised.
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How would you best describe a manufacturing employee who has lost his job because he was replaced by a robot (new technology) and does not have the skills necessary to help operate the robot
The manufacturing employee who has lost his job because he was replaced by a robot and does not have the skills necessary to help operate the robot can be best described as "structurally unemployed".
What is new technology?Any set of productive techniques which offers a significant improvement (whether measured in terms of increased output or savings in costs) over the established technology for a given process in a specific historical context is termed as new technology.
Artificial Intelligence, or AI, has already received a lot of buzz in the past decade, but it continues to be one of the new technology trends because of its notable effects on how we live, work and play are only in the early stages.
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A certain percentage rise in the money supply will inevitably lead to a predictable effect on nominal GDP __________. (Select all that apply. Hint: There are two correct answers.) Select all that apply: if velocity is constant over time if velocity is changing but in a constant and predictable way if velocity changes unpredictably over time
A certain percentage rise in the money supply will inevitably lead to a predictable effect on nominal GDP if velocity is constant over the time.
What is money supply?The control of the availability of money in an economy during a particular financial period, is known as the money supply of such economy. When the money supply increases, nominal GDP also increases over time.
Hence, option A holds true regarding the increasing money supply.
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Just before the accident, Alicia actually reduced her policy from $50,000 to $25,000.
How much does Alicia have to pay?
How much does her insurance pay?
Alicia has to pay $15,500. Meanwhile, her insurance pays $25,000.
Solution
After reducing her policy coverage from $50,000 to $25,000 this implies that her insurance would only cover any claim up to a maximum of $25,000.
In this case, we subtract the amount to be compensated according to the verdict ($40,000) from $25,000 to get the amount not covered by her policy and which Alicia would have to pay herself
40000-25000 = 15000
$15,000 + $500 deductible = $15,500.
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in cell f5, insert a formula without using a function that multiplies the wholesale price
(cell b5) by the markup amount (cell l3). use an absolute reference to cell l3 in the
formula. copy the formula in cell f5 and paste only the formula and number formatting
in the range f6:f15.
By using an absolute reference to cell l3, the function that will multiplies the wholesale price by the markup amount In cell F5 is "B5*$L$3"
What is a cell?In a spreadsheet. this refers to the rectangular area that is formed by the intersection of a column and a row.
On a typical spreadsheet, every cells have its assigned code from Combination of Number 1-10 and Alphabet A-Z.
However, in the question context, the function that will multiplies the wholesale price by the markup amount In cell F5 is "B5*$L$3"
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Adriana wants to work in broadcasting, but she sees that it might be hard to find work in that career. Why are there fewer jobs for reporters and broadcasters? A. The number of news outlets has not changed, even though the population has risen. B. There are more news outlets, so there are more people competing for jobs. C. There are fewer news outlets, so there aren’t as many jobs as there used to be. D. The number of readers and viewers have decreased, so the number of jobs has decreased too.
There are fewer jobs for reporters and broadcasters these days because the number of readers and viewers has decreased, so the number of jobs has also decreased.
Why are there fewer jobs for reporters and broadcasters?What happens is that technological development led to the digital revolution, impacting the way in which people search for information for news, which occurs more quickly and instantly through the internet and social media.
Therefore, there is a transformation in the broadcasting sector, impacted by the current new information technologies
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The typical amount of capital needed to launch a startup, according to the Bureau of Labor Statistics, is
$10,000 - $12,000
$100,000 - $500,000
$1000 - $5000
$25,000 - $200,000
Answer:
b
Explanation:
The typical amount of capital needed to launch a startup, according to the Bureau of Labor Statistics, is B)$100,000 - $500,000.
What percentage of small businesses fail within the first 5 years?Consistent with the U.S. Bureau of hard work records (BLS), this isn't necessarily actual. Records from the BLS indicate that about 20% of recent businesses fail at some stage in the primary two years of being open, 45% at some stage in the primary five years, and sixty-five% during the primary 10 years. The simplest 25% of the latest corporations make it to fifteen years or greater.
In step with records published in 2019 with the aid of the Small enterprise management (SBA), about twenty percent of business startups fail within the first yr. About 1/2 succumb to commercial enterprise failure within 5 years. by way of 12 months 10, only approximately 33% live to tell the tale.
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Imagine that there are currently three major cell phone service providers available in the united states. the largest one has enough money to buy out the other two companies and make one giant company. what is most likely to happen if the largest company attempts to buy out the other two companies? a. the government will approve this monopoly. b. customers will have more choice in their service provider. c. the new, large company can control all prices and services provided. d. osha will step in and make sure that this merger is not approved.
Analyzing the scenario, the new and the large company can control all prices and services provided, generating a monopoly situation.
What is monopoly?It is a market situation where a company controls the market, being the entity responsible for establishing the price for a good or service, characterizing a situation of imperfect competition.
Therefore, in the monopoly market, consumers are harmed because they do not have the right to choose which products or services they want to consume, in addition to the fact that the price charged may be higher in a situation of perfect competition.
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If people expect future earnings of Galt Corporation to be high relative to current earnings, then a. the P/E ratio of its stock will be high. A P/E ratio of 8 is relatively low. b. the P/E ratio of its stock will be high. A P/E ratio of 8 is relatively high. c. the P/E ratio of its stock will be low. A P/E ratio of 8 is relatively low. d. the P/E ratio of its stock will be low. A P/E ratio of 8 is relatively high.
When earnings are expected to be high relative to current earnings, then a. the P/E ratio of its stock will be high. A P/E ratio of 8 is relatively low.
What happens when future earnings are expected to be high?If earnings are expected to be high as in the case of the Galt Corporation, then the price of the stock will rise.
This will then lead to a high P/E ratio because the price will rise but the earnings will remain the same.
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According to the keynesian framework, ____________________________ will not help reduce inflation, but may help a country get out of a recession.
Increased spending by the government on health care will not reduce the inflation, but may help a country get out of recession.
What are the ways via which government can reduce the inflation?Fiscal policy is best to adopt in the situation of the inflation. Government can increase the tax and minimize its spending to tackle the inflation situation.
In the inflation, the prices for everything increases rapidly and touches the ceiling. This can be avoid through the fiscal policy.
Fiscal policy can be used in the situation of the inflation.
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