In 1/1/2022 the Gulf bank started it's businesses in Bahrain with the capital of 10000000 BD. 5000000 BD is deposited on the central bank, 2000000 BD deposited on Arab Bank, and 1000000 BD deposited on National of Bahrain bank, and the rest of the capital kept on the bank cash.
The following transaction happened on the first week
2- Withdrawing 1500000 BD from Arab Bank and deposit the money in the central bank
3- 200000 BD paid cash to payment fund on the bank
4- The bank paid from the payment fund 50000BD, rent of the bank offices and 7500 BD Stationary
5- The bank purchased furniture cost of 75000BD, paid by check to be paid from Arab Bank account
6- The bank purchased computers cost of cost of 30000BD, cars cost of 50000, paid by check to be paid from National bank of Bahrain
7- The amounts that the bank received by the receipt account was 210000 as follows.
- 102000 BD Current accounts
- 28000 BD saving accounts
- 80000 BD debit accounts
8- The amounts that the bank accounts have withdrawals cash from bank as follows.
- 55000 BD Current accounts
- 30000 BD saving accounts
9- the service fees that the bank deducted from the accounts as follows 1000BD from current accounts 500BD from saving accounts Requirements:
- Record the financial transactions on Gulf bank books

Answers

Answer 1

The financial transactions on Gulf bank books on the first week are recorded.

Financial transactions on Gulf bank books on the first week are as follows:2- Withdrawing 1500000 BD from Arab Bank and deposit the money in the central bank:

The journal entry for the transaction is: Central Bank (debit) = 1500000

Arab Bank (credit) = 15000003- 200000 BD paid cash to payment fund on the bank:

The journal entry for the transaction is:

Payment Fund (debit) = 200000

Bank Cash (credit) = 2000004-

The bank paid from the payment fund 50000BD, rent of the bank offices and 7500 BD Stationary:

The journal entry for the transaction is:

Rent Expense (debit) = 50000

Stationary Expense (debit) = 7500

Payment Fund (credit) = 57500 5- The bank purchased furniture cost of 75000BD, paid by check to be paid from Arab Bank account:

The journal entry for the transaction is: Furniture (debit) = 75000Arab Bank (credit) = 750006-

The bank purchased computers cost of cost of 30000BD, cars cost of 50000, paid by check to be paid from National bank of Bahrain:

The journal entry for the transaction is: Computers (debit) = 30000Cars (debit) = 50000

National Bank of Bahrain (credit) = 800007

The amounts that the bank received by the receipt account was 210000:

The journal entry for the transaction is: Current Account (debit) = 102000Saving Account (debit) = 28000

Debit Account (debit) = 80000Receipts (credit) = 2100008-

The amounts that the bank accounts have withdrawals cash from bank: The journal entry for the transaction is:

Cash (debit) = 85000

Current Account (credit) = 55000Saving Account (credit) = 300009- the service fees that the bank deducted from the accounts as follows 1000BD from current accounts 500BD from saving accounts:

The journal entry for the transaction is: Current Account (debit) = 1000Saving Account (debit) = 500

Service Fee Revenue (credit) = 1500

Therefore, the financial transactions on Gulf bank books on the first week are recorded.

Learn more about journal entry here.

https://brainly.com/question/30499005

#SPJ11


Related Questions

List key factors contributing to the GWG in the general workforce, compare them to key factors contributing to the GWG at the C-suite level and provide an analysis of the impact of the contributing factors to the GWG at the C-suite level

Answers

The factors that contribute to the gender wage gap (GWG) at the general workforce level are a lack of bargaining power, discrimination, a lack of access to training and development opportunities, occupational segregation, and the burden of unpaid care work.

These factors have a considerable effect on the GWG.The factors that contribute to the GWG at the C-suite level include a lack of female representation in leadership positions, the absence of policies to promote work-life balance, and systemic biases and stereotypes that hinder women's advancement. These factors also contribute to the GWG and affect the C-suite level.The impacts of these factors on the GWG at the C-suite level can be quite significant. The lack of female representation in leadership positions, for example, perpetuates a cycle of male dominance that can be difficult to break. Women who do manage to rise to the top may face significant barriers that make it difficult to advance further or gain equal pay to their male peers. Additionally, a lack of policies to promote work-life balance can make it difficult for women to balance their work and family obligations, leading to lower wages, decreased opportunities for advancement, and reduced job satisfaction. Discrimination, occupational segregation, and the burden of unpaid care work are the primary factors contributing to the gender wage gap (GWG) at the general workforce level. These factors often result in women being paid less than men for the same work. At the same time, a lack of female representation in leadership positions, the absence of policies to promote work-life balance, and systemic biases and stereotypes contribute to the GWG at the C-suite level. These factors affect women's ability to advance in their careers and earn equal pay for equal work. A lack of female representation in leadership positions perpetuates a cycle of male dominance that can be difficult to break. Women who do manage to rise to the top may face significant barriers that make it difficult to advance further or gain equal pay to their male peers. Additionally, a lack of policies to promote work-life balance can make it difficult for women to balance their work and family obligations, leading to lower wages, decreased opportunities for advancement, and reduced job satisfaction

The factors that contribute to the GWG at the general workforce level differ from those that contribute to the GWG at the C-suite level. The former is characterized by discrimination, occupational segregation, and the burden of unpaid care work, while the latter is characterized by a lack of female representation in leadership positions, the absence of policies to promote work-life balance, and systemic biases and stereotypes. These factors have a significant impact on the GWG at the C-suite level, affecting women's ability to advance in their careers and earn equal pay for equal work. A more proactive approach is needed to address these factors and eliminate the gender wage gap.

Learn more about gender wage gap (GWG) here:

brainly.com/question/30862980

#SPJ11

For the year ended December 31, 2022, Swifty Electrical Repair Company reports the following summary payroll Gross earnings: Administrative salaries Electricians' wages Total Deductions: FICA taxes Federal income taxes withheld State income taxes withheld (3%) United Fund contributions payable Health insurance premiums Total 82°F Sunny $184,000 370,000 $554,000 $37,421 177,000 16,620 26,728 18,500 $276,269 hp 99- record, and 0.6% federal unemployment. Gross earnings subject to Social Security taxes of 6.2% total $4M sabject to unemployment tas total $121,000 No-employee excond the $152,900 limit related to FICA ta (a) Prepare a summary journal entry at December 31 for the full year's payroll. (6) Journalize the adjusting entry at December 31 to record the employer's partes (Round answers to 0 decimal places, 125. Credit account titles are automatically indented when amount is enten Nu. Account Titles and Explanation tal shirt ctrl 129 m H FICK thi công đ M 7 9 G A 2 N W # S * 3 X E a D R C 5 LL F Debit T 4 6 G & Y B H C U (be tap shin f W-2 War and Tax Statement requires the following data A H CAM 1 C fo T 2 Q A A 2 N W 3 M S. 3 X L S E R A 4 D C F LL T G Y 7 B H P C N The W 2 Wage and Tax Statement requires the following dollar data plete the required data for the following employees. Round enswers to decimal places, g 5,275) Employee Maria Sandoval Jennifer Mingback shift T HY +41 1 M Wage T Other Compensation Q A 2 Federal Income $54.000 $26.460 S E Withheld 26,000 10,140 3 S W E X ww State Income Tax Wheld D R C 5 T 6 F G V Y 7 FICA W U H J B N 1 V M

Answers

The summary journal entry for Swifty Electrical Repair Company's payroll for the year ended December 31, 2022, is as follows:

Debit:

Administrative salaries: $184,000

Electricians' wages: $370,000

FICA taxes payable: $37,421

Federal income taxes withheld: $177,000

State income taxes withheld: $16,620

United Fund contributions payable: $26,728

Health insurance premiums: $18,500

Credit:

Cash (or Wages payable): $554,000

FICA taxes payable: $37,421

Federal income taxes payable: $177,000

State income taxes payable: $16,620

United Fund contributions payable: $26,728

Health insurance premiums payable: $18,500

In the summary journal entry, we record the gross earnings and deductions for Swifty Electrical Repair Company's payroll for the year. The debit side includes the amounts of administrative salaries, electricians' wages, FICA taxes payable, federal income taxes withheld, state income taxes withheld, United Fund contributions payable, and health insurance premiums. These amounts represent the expenses and liabilities associated with the payroll.

On the credit side, we record the corresponding amounts for cash (or wages payable) and the various payable accounts such as FICA taxes, federal income taxes, state income taxes, United Fund contributions, and health insurance premiums. These accounts represent the liabilities to be paid or remitted based on the deductions made from the gross earnings.

The entry ensures that the expenses are properly recognized, and the liabilities are accurately recorded for the payroll transactions of the year.

Learn more about journal entry

brainly.com/question/33045014

#SPJ11

if c = $400, i = $100, g = $50, nx = $30, and nfp = $5, how much is gdp?

Answers

The value of GDP (Gross Domestic Product) from C = $400, i = $100,G = $50, NX = $30, and NFP = $5 is $580.

To determine the GDP (Gross Domestic Product), we can utilize the Expenditure approach to calculate it, which includes the following formula: GDP = C + I + G + NX

Where,

C is Consumption is Investment

G is Government Spending

NX is Net Exports

The formula will be:

GDP = $400 + $100 + $50 + $30 = $580

The amount of NFP (Net Foreign Product) is already included in the consumption, investment, and government spending values.

Hence, we do not need to add it separately. The GDP (Gross Domestic Product) is $580.

Learn more about Gross Domestic Product at https://brainly.com/question/30467227

#SPJ11

Aramex includes the following package delivery services;

Aramex Domestic Same Day
Aramex Domestic Next Day
Aramex Domestic Deferred

They are looking at adding a new service; 'Logihouse Warehousing Services'; which is an engineering service that ensures a suitable layout for storage, material handling and operational areas for warehouses.
This an example of which brand/product development strategy?

Brand Extension
Line extension
New brand
Multibrand

Answers

The addition of the 'Logihouse Warehousing Services' by Aramex, which is an engineering service for optimizing warehouse layouts and operations, represents an example of brand extension.

Brand extension is a brand/product development strategy where a company introduces a new product or service under an existing brand name. In this case, Aramex is expanding its range of offerings beyond package delivery services by introducing a service related to warehouse optimization. By leveraging the existing brand reputation and customer base, Aramex aims to provide additional value to its customers in the logistics and supply chain industry.

The introduction of the 'Logihouse Warehousing Services' under the Aramex brand allows the company to leverage its existing brand equity and customer trust to enter a new segment of the market. This strategy enables Aramex to capitalize on its established brand presence and diversify its service portfolio to meet customer needs in the logistics industry.

learn more about "operations":- https://brainly.com/question/28768606

#SPJ11

Who won the case on Burwell vs Hobby Lobby?

Answers

The Burwell v. Hobby Lobby Stores, Inc. case was a United States Supreme Court case that was decided on June 30, 2014, in which the court ruled that closely held for-profit businesses may claim a religious objection to the contraception mandate in the Affordable Care Act, also known as Obamacare. The court held that the government cannot require closely held corporations to provide contraceptive coverage, despite the corporation's obligations under the Affordable Care Act, if the corporation's owners have a sincere religious objection to contraception.

Hobby Lobby, the arts-and-crafts retail chain that was the defendant in the case, won the case. The company's owners argued that providing insurance coverage for certain kinds of birth control went against their religious beliefs. The ruling was a significant victory for religious freedom, although critics argued that it represented a setback for women's rights.
The decision was limited to closely held for-profit corporations like Hobby Lobby and did not apply to publicly traded companies or nonprofit organizations. The ruling led to further litigation and debate over the balance between religious freedom and women's reproductive rights. In conclusion, the case of Burwell v. Hobby Lobby was won by Hobby Lobby.

To know more about Burwell v. Hobby Lobby  visit:

https://brainly.com/question/30837406

#SPJ11

Many businesses borrow money during periods of increased business activity to finance inventory and accounts receivable. For example, Mitt builds up its inventory to meet the needs of retailers selling to Christmas shoppers. A large portion of Mitt's sales are on credit. As a result, Mitt often collects cash from its sales several months after Christmas. Assume on November 1, 2018, Mitt borrowed $7.8 million cash from Metropolitan Bank and signed a promissory note that matures in six months. The interest rate was 8.00 percent payable at maturity. The accounting period ends December 31.

Required:

1, 2 & 3. Prepare the required journal entries to record the note on November 1, 2018, interest on the maturity date, April 30, 2019, assuming that interest has not been recorded since December 31, 2018. (Enter your answers in whole dollars. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

Answers

On November 1, 2018, to record the note issuance:

Account Titles Debit Credit

Cash $7,800,000

Notes Payable $7,800,000

On December 31, 2018, to record accrued interest expense for the period from November 1 to December 31:

Account Titles Debit Credit

Interest Expense $52,000

Interest Payable $52,000

On April 30, 2019, to record the payment of the note and interest:

Account Titles Debit Credit

Notes Payable $7,800,000

Interest Payable $208,000

Interest Expense $52,000

Cash $8,060,000

Please note that the interest expense is calculated based on the 8% annual interest rate for six months. The interest for the period from November 1 to December 31, 2018, is $52,000, and the interest for the period from January 1 to April 30, 2019, is $208,000 (8% * $7,800,000 * 3/12).

The journal entries above record the borrowing of $7.8 million on November 1, 2018, the accrual of interest expense on December 31, 2018, and the payment of the note and interest on April 30, 2019.

Learn more about   interest rate  Here-  

https://brainly.com/question/25720319

#SPJ4

The latent consequences of employment according to your text include:___________

Answers

The latent consequences of employment, as mentioned in the text, can vary depending on the specific context and perspective. However, some common examples of latent consequences of employment may include:

1. Social status: Employment can provide individuals with a sense of social status and identity within society, as their occupation and position may influence how they are perceived by others.

2. Economic stability: Employment often brings financial stability and security, allowing individuals to meet their basic needs and support themselves and their families.

3. Skill development: Through employment, individuals have the opportunity to acquire new skills, knowledge, and experience, which can contribute to their personal and professional growth.

4. Social connections: Workplaces can serve as a platform for building social connections and networks, allowing individuals to interact with colleagues, clients, and other professionals.

5. Career advancement: Employment can offer opportunities for career progression, promotions, and increased responsibilities, leading to personal and professional growth over time.

6. Sense of purpose and fulfillment: Having meaningful employment can provide individuals with a sense of purpose, fulfillment, and a sense of contributing to something greater than themselves.

7. Health and well-being: Employment can have positive effects on mental and physical health, as it provides structure, routine, social interaction, and a sense of accomplishment.

It's important to note that the specific latent consequences of employment may vary depending on factors such as cultural norms, industry, job type, and individual circumstances.

To know more about Employment visit-

brainly.com/question/30247393

#SPJ11

& what is the incremental IRR
Consider two mutually exclusive R&D projects that Savage Tech is considering. Assume the discount rate for both projects is 12 percent. Project A: Project B: Server CPU .13 micron processing project B

Answers

To calculate the incremental Internal Rate of Return (IRR) between Project A and Project B, we need more information such as the cash flows associated with each project.

Without specific cash flow data, it is not possible to determine the incremental IRR. The incremental IRR measures the additional return generated by choosing one project over another. It is calculated by finding the difference in the cash flows between the two projects and then determining the IRR of those incremental cash flows.

To calculate the incremental IRR, we would need the cash inflows and outflows for both Project A and Project B over their respective time periods. With this data, we can compare the cash flows and calculate the incremental IRR.

However, in the given question, only limited information about the projects is provided, such as their names and some technical details. Without the cash flow data, we cannot calculate the incremental IRR.

Please provide the cash flow information for both projects, including the initial investment and future cash flows, to determine the incremental IRR between Project A and Project B.

Learn more about Rate of Return (IRR): https://brainly.com/question/13373396

#SPJ11

.Which of the following organizational structures is particularly appropriate for product lines using similar technology and for businesses with a narrow spectrum of customers? A) global functional structure B) international division C) global product structure D) matrix structure

Answers

The following organizational structures are particularly appropriate for product lines using similar technology and for businesses with a narrow spectrum of customers' global functional structure.

The option (A) is correct.

The global functional structure coordinates the organization's exercises given capabilities or divisions like promoting, money, tasks, and innovative work. It is a progressive design where each capability works freely, zeroing in on its specific subject matter.

With regards to product offerings utilizing comparable innovation and a tight range of clients, the worldwide useful construction takes into consideration concentrated control and coordination of exercises connected with the particular innovation and client fragment.

Learn more about organizational structures:

https://brainly.com/question/29807534

#SPJ4

Fringe benefits are a large component of total compensation. There is a puzzle as to why payments "in-kind" like fringe benefits prevail given the basic economic proposition that cash or money payments are more efficient than payments "in-kind". (a) Discuss why workers may prefer fringe benefits to cash wages at least for a portion of their compensation. (b) Discuss why employers may prefer fringe benefits to cash wages for at least a portion of their compensation.

Answers

a) Why workers may prefer fringe benefits to cash wages at least for a portion of their compensation: Workers may prefer fringe benefits to cash wages for several reasons:

First, workers may get specific goods or services as a result of fringe benefits that they can't afford to buy on their own. For example, health insurance, dental insurance, and paid leave are common fringe benefits that employees receive. Second, fringe benefits might be tax-free or subject to lower taxes than cash wages. Workers get more take-home pay as a result of this.Third, workers who receive fringe benefits may feel valued by their employers. When employers offer fringe benefits, they demonstrate that they care about their workers' well-being, which can improve morale and employee loyalty.Fourth, workers can't always convert fringe benefits to cash, which means they're less likely to spend them impulsively. Instead, they may be more inclined to save their tax-deductible for the future.

As a result, fringe benefits may be a useful tool for encouraging workers to save money. b) Why employers may prefer fringe benefits to cash wages for at least a portion of their compensation:

Employers might prefer to offer fringe benefits for several reasons: First, some fringe benefits, such as health insurance, can attract a high-quality workforce. When companies offer generous health insurance packages, they can persuade talented workers to join their company and stay there.Second, some fringe benefits, such as paid leave, can help to prevent employee burnout. Employers who are concerned about employee morale and productivity can use these fringe benefits to demonstrate that they care about their workers' well-being. Third, fringe benefits might be tax-deductible or subject to lower taxes than cash wages. As a result, offering fringe benefits can be less expensive for employers than increasing cash wages. Fourth, employers can limit the extent to which workers convert fringe benefits to cash, which can help to keep payroll costs down. For example, employers can offer health insurance benefits to their workers that cannot be converted to cash.

To learn more about tax-deductible, visit here

https://brainly.com/question/29756791

#SPJ11




Question 4 (1 point) Beginning Ending Inventory $27,000 $28,000 Accts. Rec. 21,000 22,000 Accts. Pay. 10,000 14,000 Credit Sales = $175,000 COGS = $125,000 How many days are in the receivables period?

Answers

The receivables period is approximately 45 days and the annual credit sales are $175,000.

The average number of days it takes for a company to collect payment after a sale has been made is known as the receivables period, which is also known as the day's sales outstanding (DSO). The formula to determine the Receivables period is given as,

Receivables period = (Accounts receivable / Annual credit sales) × 365

Given data:

Annual credit sales = $175,000.

accounts receivable = 21,000 and 22,000

The average accounts receivable for the period = ($21,000 + $22,000) / 2

= $21,500.

Substuting the values into the formula gives us:

Receivables period = ($21,500 / $175,000) × 365

=45 days

Therefore, the receivables period is approximately 45 days.

To learn more about the receivables period:

https://brainly.com/question/30049186

#SPJ4

Q1. A firm's total cost function is c(y) = y² + (a + B)y + 100ß. p = $50. Find the best output level, y*.

Answers

The required solution is `(a + B - 50)/2`.

The firm's total cost function is, `c(y) = y² + (a + B)y + 100ß`.The price is, `p = $50`.To find: The best output level, `y*`.

Formula used: Total Revenue = Price × Quantity Total Cost = Fixed Cost + Variable Cost Total Profit = Total Revenue - Total Cost. To find the best output level, we need to find out the profit and then derive the total profit equation by differentiating the profit equation with respect to the output level and equate it to zero.

Here, the total cost function can be represented as follows: c(y) = y² + (a + B)y + 100ß Using the formula, Total Revenue = Price × Quantity or, R(y) = p × y= $50 × y= 50yUsing the above cost and revenue equation, Total Profit = Total Revenue - Total Cost or, P(y) = R(y) - C(y)or, P(y) = 50y - (y² + (a + B)y + 100ß)or, P(y) = - y² - (a + B - 50)y - 100ß

Differentiate the profit function with respect to output level to get the maximum profit .p'(y) = - 2y - (a + B - 50)Setting `p'(y) = 0`, we get- 2y - (a + B - 50) = 0or, 2y = - (a + B - 50)or, y = `(a + B - 50)/2`. Therefore, the best output level, `y*` is `y = (a + B - 50)/2`.Hence, the required solution is `(a + B - 50)/2`.

Learn more about cost function: https://brainly.com/question/2292799

#SPJ11

Your brother-in-law’s investment portfolio consists solely of $10,000 invested in McDonald’s stock. Suppose the risk-free rate is 4%, McDonald’s stock has an expected return of 9% and a volatility of 27%, and the market portfolio has an expected return of 10% and a volatility of 16%. Under the CAPM assumptions, which portfolio has the lowest possible volatility while having the same expected return as McDonald’s stock? Which portfolio has the highest possible expected return while having the same volatility as McDonald’s stock?

Answers

Under the CAPM (Capital Asset Pricing Model) assumptions, the lowest possible volatility portfolio with the same expected return as McDonald's stock is the risk-free asset. The risk-free rate represents an investment with no volatility or uncertainty. In this case, the risk-free rate is given as 4%. Since the risk-free rate has zero volatility, it offers the lowest possible risk.

On the other hand, the portfolio with the highest possible expected return while having the same volatility as McDonald's stock is the market portfolio. The CAPM suggests that the market portfolio, which represents the overall market, provides the highest expected return for a given level of volatility.

In this scenario, the market portfolio has an expected return of 10% and a volatility of 16%. Therefore, it offers the highest possible return among portfolios with the same level of volatility as McDonald's stock.

By diversifying their investment from a single stock like McDonald's to a portfolio that includes the risk-free asset and the market portfolio, investors can optimize their risk-return tradeoff. The risk-free asset provides stability, while the market portfolio offers higher returns based on the overall market performance.

For more questions on: CAPM

https://brainly.com/question/31947469

#SPJ8


Given the information in the table below, what is the total
market value of debt?




# bonds
Price Quote


Bond A
9727
91.61


Bond B
12947
102.89

Answers

The total market value of debt - Bond A and Bond B is $2,222,373.30.

Given the information in the table below, the total market value of debt can be calculated as follows:

Market value of debt = (#bonds × price quote)

= Bond A + Bond B

= (9,727 × 91.61) + (12,947 × 102.89)

= 889,467.47 + 1,332,905.83

= $2,222,373.30

The total market value of debt is $2,222,373.30.

The calculation above shows that the sum of the market value of Bond A and Bond B is $2,222,373.30.

The formula for calculating market value is the number of bonds multiplied by the price quote.

Hence, to calculate the total market value of debt, you need to multiply the number of bonds of each bond by their respective price quotes and sum the two values.

To know more about Market  visit :

brainly.com/question/31502281

#SPJ11

Modos Company has deposited $4,020 in checks received from customers. It has written $1,510 in checks to its suppliers. The initial bank and book balance was $410. If $3,400 of its customers' checks h

Answers

The ending bank and book balance would be $1,420.

To calculate the ending bank and book balance, we need to account for the deposits, checks written, and any outstanding checks.

Given:

Initial bank and book balance: $410

Checks received from customers: $4,020

Checks written to suppliers: $1,510

Customers' checks that have not yet cleared: $3,400

First, let's calculate the adjusted bank balance:

Bank balance = Initial bank and book balance + Deposits - Checks written

Bank balance = $410 + $4,020 - $1,510

Bank balance = $2,920

Next, we need to consider the outstanding checks:

Adjusted bank balance = Bank balance - Outstanding checks

Adjusted bank balance = $2,920 - $3,400

Adjusted bank balance = -$480

Since the adjusted bank balance is negative, it indicates that the company has issued more checks than it has funds available in the bank. This situation may lead to an overdraft.

To reconcile the bank and book balance, the company needs to make adjustments, such as depositing additional funds or waiting for the customers' checks to clear. Without further information, we cannot determine the exact ending balance.

Learn more about book balance: https://brainly.com/question/29416565

#SPJ11

valentine co. owns a building which was purchased for $500,000 on december 31, 2020. valentine expects to use the building for 40 years, at which time it estimates it will be able to sell the building for $100,000. valentine uses straight-line depreciation method to allocate the costs evenly over the periods in which they provide benefits. on december 31, 2025, the building has an appraised value of $525,000. at what net amount would the building be reported on the december 31, 2025, balance sheet

Answers

The building would be reported on the December 31, 2025, balance sheet at a net amount of $475,000.

To determine the net amount at which the building would be reported on the December 31, 2025, balance sheet, we need to consider the accumulated depreciation and the appraised value of the building.

Given that the building was purchased for $500,000 and is expected to have a useful life of 40 years, we can calculate the annual depreciation expense as:

Depreciation expense = (Cost - Residual value) / Useful life

Depreciation expense = ($500,000 - $100,000) / 40 years

Depreciation expense = $10,000 per year

To calculate the accumulated depreciation by December 31, 2025, we need to multiply the annual depreciation expense by the number of years since the building was purchased:

Accumulated depreciation = Depreciation expense per year * Number of years

Accumulated depreciation = $10,000 per year * 5 years (2021-2025)

Accumulated depreciation = $50,000

The net amount of the building on the December 31, 2025, balance sheet is calculated by subtracting the accumulated depreciation from the appraised value:

Net amount = Appraised value - Accumulated depreciation

Net amount = $525,000 - $50,000

Net amount = $475,000

To learn more about balance sheet click on,

https://brainly.com/question/28144897

#SPJ4

Alejandro expects the price level to rise from 105 this year to 108 next year. If the price level rises to 110 next year instead of 108, which of the following will occur? a.Alejandro's real wage may rise or fall, depending on the unemployment rate. b. Alejandro's real wage remains unchanged. c. Alejandro's real wage rises. d. Alejandro's real wage falls.

Answers

If the price level rises to 110 next year instead of 108, Alejandro's real wage rises. Option C is the correct answer.

If the price level rises to 110 next year instead of the expected 108, it means that the overall price level has increased more than anticipated. In this scenario, Alejandro's real wage, which is the purchasing power of his wages adjusted for inflation, will likely rise.

Since the price level has increased more than expected, the goods and services Alejandro can purchase with his wages will be relatively cheaper compared to the previous year. This results in an increase in his real wage, as he can afford more goods and services with the same nominal wage. Therefore, option c. Alejandro's real wage rises is the most likely outcome in this situation.

Learn more about price levels at

https://brainly.com/question/27247223

#SPJ4

What are the unique elements of Hatsu's marketing mix?
what are the characteristics of Hatsu brand and how do they influence its marketing positioning?
What alternatives can Hatsu implement to grow and become a megabrand?
From a marketing perspective, what are the main motivations that can explain Postobon's decision to acquire Hatsu?
In terms of marketing strategy, what positive and negative aspects does the acquisition by Postobon have for Hatsu?

Answers

Hatsu is a brand that belongs to the Postobon company. Hatsu brand is a unique brand that has many unique elements in its marketing mix that make it different from its competitors. The marketing mix of Hatsu brand is made up of four key elements which are product, price, promotion and place.

The product element of the Hatsu brand is very unique as it is a non-alcoholic malt drink that is targeted towards the younger generation. The price element of the Hatsu brand is very affordable, making it accessible to a large number of consumers. The promotion element of the Hatsu brand is focused on digital marketing, social media, and influencer marketing. Lastly, the place element of the Hatsu brand is focused on convenience stores, supermarkets and online stores.

Hatsu is a unique brand that has many characteristics that influence its marketing positioning. One of the key characteristics of the Hatsu brand is its focus on the younger generation. The brand is marketed towards young consumers who are looking for a non-alcoholic drink that is healthy and refreshing. Another characteristic of the Hatsu brand is its focus on affordability. The brand is very affordable, making it accessible to a large number of consumers. Lastly, the Hatsu brand is known for its unique taste, which is a combination of malt, sugar and natural flavors. This unique taste sets it apart from its competitors and gives it a competitive advantage. These characteristics have helped to position the Hatsu brand as a unique and refreshing alternative to traditional soft drinks.

To grow and become a megabrand, Hatsu can implement several alternatives such as expanding its product line, entering new markets, and increasing its marketing efforts. Hatsu can expand its product line by introducing new flavors or variations of its existing products. This will help to attract new consumers and keep current consumers interested. Hatsu can also enter new markets by expanding its distribution network and partnering with local retailers. This will help to increase its brand awareness and reach new consumers. Lastly, Hatsu can increase its marketing efforts by investing in digital marketing, social media, and influencer marketing. This will help to increase its brand visibility and attract new consumers.

From a marketing perspective, there are several main motivations that can explain Postobon's decision to acquire Hatsu. One of the main motivations is to expand its product line and reach new consumers. Hatsu's unique product offerings and brand positioning make it an attractive addition to Postobon's portfolio. Another motivation is to increase its market share in the non-alcoholic beverage industry. With the acquisition of Hatsu, Postobon can increase its market share and compete more effectively with its competitors. Lastly, the acquisition of Hatsu will help Postobon to diversify its revenue streams and reduce its dependence on traditional soft drinks.

In terms of marketing strategy, the acquisition by Postobon has both positive and negative aspects for Hatsu. One of the positive aspects is that Hatsu will have access to Postobon's extensive distribution network. This will help to increase its brand visibility and reach new consumers. Another positive aspect is that Hatsu will have access to Postobon's marketing resources. This will help to increase its brand awareness and attract new consumers. However, one of the negative aspects is that Hatsu may lose some of its brand identity and uniqueness as it becomes part of a larger company. Additionally, Hatsu may face increased competition from other brands within Postobon's portfolio.

Hatsu is a unique brand that has many unique elements in its marketing mix that make it different from its competitors. The brand is marketed towards young consumers who are looking for a non-alcoholic drink that is healthy and refreshing. The Hatsu brand is known for its unique taste, affordability, and focus on digital marketing, social media, and influencer marketing. To grow and become a megabrand, Hatsu can implement several alternatives such as expanding its product line, entering new markets, and increasing its marketing efforts. With the acquisition of Hatsu, Postobon can increase its market share, expand its product line, and reduce its dependence on traditional soft drinks. However, the acquisition may have some negative aspects such as loss of brand identity and increased competition from other brands within Postobon's portfolio.

To learn more about marketing mix visit :

brainly.com/question/14410009

#SPJ11

Consider the Solow growth model. Suppose there are two economies, the North' and the South'. The North' has a saving rate of 10% (s = 0.1) and the South' has a saving rate of 30% (s = 0.3). They are identical in all other respects. They have the same population and labour force L, no population growth (n = 0), no technological progress (g = 0), and a 10% depreciation rate (8= 0.1). Both economies have the same production function Y = K¹/2¹/2, where Y is output and K is the capital stock. Let y = Y/L and k = K/L denote output per worker and capital per worker. The per- worker production function is y=√k, and the dynamics of the capital stock per worker are described by the equation Ak = s√k - 8k. (a) Show how the equation for Ak is derived. Suppose both 'North and *South' have reached their steady states (Ak = 0). Confirm that the 'North' has a capital-worker ratio of 1 and an income per worker of 1. Find the levels of capital and income per worker in the 'South'.

Answers

In the steady state, the North has a capital-worker ratio and income per worker of 1, while the South also has a capital-worker ratio and income per worker of 1.

To derive the equation for Ak, we start with the per-worker production function: y = √k. The equation represents the output per worker (y) as a function of capital per worker (k).

Next, we consider the savings and depreciation in the economy. The saving rate (s) represents the portion of output saved and invested in new capital. Hence, the investment per worker (I) is given by I = sy.

The capital per worker in the next period (k') is equal to the previous capital per worker (k) plus investment (I) minus depreciation (δ):

k' = k + I - δk

Since I = sy, we substitute this into the equation:

k' = k + sy - δk

Rearranging the terms, we get:

k' - k = sy - δk

Now, the change in capital per worker (k' - k) represents the accumulation of capital per worker (Ak):

Ak = sy - δk

This equation represents the dynamics of the capital stock per worker.

In the steady state, Ak = 0. For the North, where the saving rate (s) is 0.1 and depreciation (δ) is 0.1:

0 = 0.1√k - 0.1k

Simplifying the equation:

0 = 0.1(√k - k)

To find the steady-state capital per worker (k), we set √k - k = 0:

√k = k

Squaring both sides:

k = k^2

Solving this equation, we find k = 1.

Therefore, the North has a capital-worker ratio of 1 in the steady state. Since y = √k, the income per worker (y) in the North is also 1.

For the South, where the saving rate (s) is 0.3 and depreciation (δ) is 0.1:

0 = 0.3√k - 0.1k

Simplifying the equation:

0 = 0.3(√k - k)

To find the steady-state capital per worker (k), we set √k - k = 0:

√k = k

Squaring both sides:

k = k^2

Solving this equation, we find k = 0 or k = 1.

Since k = 0 does not make economic sense (capital cannot be zero), the steady-state capital per worker in the South is 1. Therefore, the income per worker (y) in the South is also 1.

For more question on income visit:

https://brainly.com/question/28390284

#SPJ11

Which of the following events will shift the aggregate demand curve to the right?
A?An increase in government expenditures, but not a change in the price level
B?An increase in government expenditures or a decrease in the price level
C?An? decrease in the price level, but not an increase in governmnet expenditures.
D: A decrease in governmnet expenditures or an increase in the price level

Answers

An increase in government expenditures or a decrease in the price level. will shift the aggregate demand curve to the right. Therefore, option A is correct.

The aggregate demand (AD) curve represents the relationship between the overall price level and the total quantity of goods and services demanded in an economy. Shifts in the aggregate demand curve can be caused by various factors, including changes in government expenditures and the price level.

Option A states that an increase in government expenditures, but not a change in the price level, will shift the aggregate demand curve to the right. This is incorrect because an increase in government expenditures would lead to an increase in aggregate demand at the existing price level, resulting in a shift of the AD curve to the right.

Option C states that a decrease in the price level, but not an increase in government expenditures, will shift the aggregate demand curve to the right. This is also incorrect because a decrease in the price level, also known as deflation, would lead to an increase in real purchasing power and stimulate consumer spending, causing an increase in aggregate demand and shifting the AD curve to the right.

Option D states that a decrease in government expenditures or an increase in the price level will shift the aggregate demand curve to the right. This is incorrect because a decrease in government expenditures would lead to a decrease in aggregate demand, shifting the AD curve to the left, while an increase in the price level would also decrease aggregate demand and shift the AD curve to the left.

:

Among the options provided, the event that will shift the aggregate demand curve to the right is B) An increase in government expenditures or a decrease in the price level. Both of these factors would lead to an increase in aggregate demand and cause a rightward shift of the AD curve.

To know more about Aggregate Demand, visit

https://brainly.com/question/1490249

#SPJ11

e 10. In a recent government discussion,a senior minister stressed the importance of levelling-up' the economy,currently reliant on agriculture,mining and a heavy industry sector with low-quality capital stock. Levelling-up' was presented as a programme of policies to encourage investment in industry and improvements in efficiency. Discuss four ways in which the government could intervene in the economy to support these aims.

Answers

There are four ways through which the government can intervene in the economy to support the aims of levelling-up, namely: Investment in research and development;  Infrastructure development; Education and training; and Tax incentives.

The government could intervene in the economy to support the levelling-up' of the economy in the following ways:

1. Investment in research and development: Encouraging investment in research and development would lead to innovation in the industry and could support the growth of new industries. For instance, there is currently a shift in the world economy to industries based on renewable energy and information technology, which could provide opportunities for investment in these sectors.

2. Infrastructure development: Investing in infrastructure, such as roads, bridges, and ports, can make the transportation of goods and services more efficient and less costly. This would provide opportunities for businesses to expand and reach new markets.

3. Education and training: Improving the education and training of the workforce can provide the skills necessary to support new industries and improve efficiency in existing ones. This would involve investing in vocational training, apprenticeships, and higher education to ensure that the workforce has the necessary skills to compete in a changing economy.

4. Tax incentives: Providing tax incentives to businesses that invest in industry and improve efficiency can encourage investment and innovation. This would involve reducing the tax burden on businesses that invest in research and development or make improvements to their capital stock.

Learn more about investment at:

https://brainly.com/question/13638344

#SPJ11

– A bike company sells 9000 fat bikes in a year. They purchase
them directly from a manufacturer and sell it at a physical store.
The carrying cost is estimated to be $20 per year, and the ordering

Answers

The economic order quantity (EOQ) for the fat bike inventory is approximately 164 bikes.

To calculate the EOQ, we can use the following formula:

EOQ = sqrt((2 * Annual Demand * Ordering Cost) / Carrying Cost)

Given the following information:

Annual Demand (D) = 9000 bikes

Ordering Cost (S) = $30 per order

Carrying Cost (H) = $20 per year

Substituting these values into the formula:

EOQ = sqrt((2 * 9000 * 30) / 20)

EOQ = sqrt((540,000) / 20)

EOQ = sqrt(27,000)

EOQ ≈ 164.32

Therefore, the economic order quantity (EOQ) for the fat bike inventory is approximately 164 bikes. This means that the bike company should consider ordering approximately 164 bikes per order to minimize the total cost associated with ordering and carrying inventory.

To know more about economic order refer to-

https://brainly.com/question/28347878

#SPJ11

Complete question

– A bike company sells 9000 fat bikes in a year. They purchase

them directly from a manufacturer and sell it at a physical store.

The carrying cost is estimated to be $20 per year, and the ordering cost is $30 per order. The company wants to determine the economic order quantity (EOQ) for their fat bike inventory.

Because companies expect they will have product recalls in the normal course of doing business - recalls have no impact on a company's supply chain. True or False

Answers

Recalls can significantly impact a company's supply chain because companies expect they will have product recalls in the normal course of doing business. So, the statement is false.

Product recalls involve identifying, retrieving, and replacing defective or unsafe products, which can disrupt the regular flow of goods through the supply chain. The process of recall requires coordination with suppliers, distributors, and retailers to ensure affected products are removed and replaced, leading to potential delays and additional costs.

Moreover, recalls can damage a company's reputation, resulting in decreased consumer trust and reduced demand for their products. To mitigate these effects, companies need to have effective recall management systems in place and work closely with their supply chain partners to minimize disruptions and maintain customer satisfaction.

Learn more about supply chain https://brainly.com/question/28165491

#SPJ11

Smash Company has 4.000 machine hours available annually to manufacture badminton racquets. The following information is available for the two different racquets produced by Smash: How many units of each racquet should be manufactured for the company to maximize its operating income? 1.900 units of Pro and 271 units of Mid 1.900 units of Pro and 1,629 units of Mid 4.000 units of Mid and 271 units of Pro 1.900 units of Pro and 4.000 units of Mid

Answers

The company should manufacture 1,900 units of the Pro racquet and 271 units of the Mid racquet. This will maximize the company's contribution margin, which is the difference between the selling price and the variable cost of each racquet.

The company has 4,000 machine hours available annually. The Pro racquet requires 1.25 machine hours per unit, and the Mid racquet requires 6 machine hours per unit. This means that the company can manufacture 3,200 units of the Pro racquet and 667 units of the Mid racquet. The contribution margin for the Pro racquet is $300, and the contribution margin for the Mid racquet is $20. This means that the company will generate a total contribution margin of $960,000 if it manufactures 1,900 units of the Pro racquet and 271 units of the Mid racquet.

If the company manufactures more units of the Mid racquet than the Pro racquet, it will use up all of its machine hours and will not be able to manufacture as many units of the Pro racquet. This will reduce the company's contribution margin and will reduce its operating income.

If the company manufactures more units of the Pro racquet than the Mid racquet, it will have machine hours left over. This means that it could have manufactured more units of the Mid racquet, which would have increased its contribution margin and operating income. Therefore, the company should manufacture 1,900 units of the Pro racquet and 271 units of the Mid racquet to maximize its operating income.

Learn more about variable costs here:- brainly.com/question/31811001

#SPJ11

Consider the following IS-LM model:
C = 200+ 0.25%
I= 150+ 0.25Y -1000i
G = 250
T = 200
(M/P)64 - 2Y -8,000i
M/P 1,600
e. Solve for the equilibrium values of C and I and verify the value you obtained for Y by adding up C, I, and G. M - 1,840
f. Now suppose that the money supply increases to M/P = 1,840 Solve for Y, i, C, and I, and describe in words the effects of an expansionary monetary policy.
g. Set M/P equal to its initial value of 1,600. Now suppose that government spending increases to G = 400. Summarize the effects of an expansionary fiscal policy on Y, i, and C.

Answers

e. Equilibrium values: C = 700, I = 1,050, Y = 2,000.

f. Equilibrium values: Y = 2,400, i = 0.05, C = 800, I = 1,100. Expansionary monetary policy leads to higher output, lower interest rates, and increased consumption and investment.

g. Effects of expansionary fiscal policy: Increase in output (Y) and consumption (C), no change in interest rate (i), and no impact on investment (I).

e. The equilibrium value of C is 700 and the equilibrium value of I is 1,050. The value of Y obtained by adding up C, I, and G is 2,000.

To find the equilibrium values of C and I, we need to solve the IS and LM equations simultaneously.

From the IS equation: Y = C + I + G

Substituting the given values of C and G: Y = (200 + 0.25Y) + (150 + 0.25Y - 1000i) + 250

Simplifying the equation: 0.5Y = 600 - 1000i

From the LM equation: (M/P) = 64 - 2Y - 8000i

Substituting the given values of (M/P): 1600 = 64 - 2Y - 8000i

Solving these two equations simultaneously, we find: Y = 2,000 and i = 0.06

By adding up C, I, and G: Y = C + I + G = 700 + 1,050 + 250 = 2,000

Therefore, the equilibrium values of C and I are 700 and 1,050 respectively, and the value of Y obtained by adding up C, I, and G is 2,000.

f. With an increase in the money supply to (M/P) = 1,840, the new equilibrium values are Y = 2,400, i = 0.05, C = 800, and I = 1,100. The expansionary monetary policy leads to an increase in output (Y), a decrease in the interest rate (i), and an increase in consumption (C) and investment (I). This is because the increased money supply lowers interest rates, stimulating investment and consumption spending, which in turn leads to higher output.

g. With an increase in government spending to G = 400, the effects of expansionary fiscal policy are an increase in output (Y) and an increase in consumption (C). The interest rate (i) remains unchanged. The increase in government spending increases aggregate demand, leading to higher output and increased consumption. However, as the interest rate is not affected, there is no impact on investment (I).

To learn more about IS-LM model, here

https://brainly.com/question/32407094

#SPJ4

is a technique often used to hide items (such as data centers) in plain site by using anonymity to guard against espionage, theft or sabotage. O Security through diversity O Security through obscurity O Security through availability O Security through promiscuity M pis allows users within an organization to access its network and computer resources from locations outside the organization's premises. --- O Data security standards O Remote access O Communication systems O Encryption _helps ensure that standard processes or requirements are followed and that control is maintained. O Management tools O Oversight and tracking O Resource management O Planning is a broad category of resources that allows for tracking people, progress on tasks, costs, and other project metrics and complexities. O Planning O Resource management O Oversight and tracking O Management tools 7 O CPM The is the PMI's foundational certification that validates the project manager's skills, knowledge, and experience in bringing projects to successful completion. O PMP O ASC O CPMP

Answers

"Security through obscurity" hides items in plain sight, "Remote access" allows accessing resources from outside, "Oversight and tracking" ensure compliance, "Resource management" tracks project resources, and "PMP" certifies project management skills.

The technique often used to hide items (such as data centers) in plain sight by using anonymity to guard against espionage, theft, or sabotage is "Security through obscurity."

Mpis allows users within an organization to access its network and computer resources from locations outside the organization's premises is referred to as "Remote access."

"Oversight and tracking" helps ensure that standard processes or requirements are followed and that control is maintained.

"Resource management" is a broad category of resources that allows for tracking people, progress on tasks, costs, and other project metrics and complexities.

The PMI's foundational certification that validates the project manager's skills, knowledge, and experience in bringing projects to successful completion is the "PMP" (Project Management Professional).

Learn more about resource management here:

brainly.com/question/14099157

#SPJ4

In the fair value method, if the investee reports any unrealized
or extraordinary income, the investor also reports his share of
those extraordinary or unrealized incomes.
True
False

Answers

The statement "In the fair value method, if the investee reports any unrealized or extraordinary income, the investor also reports his share of those extraordinary or unrealized incomes" is true in accounting.

What is the fair value method?

The fair value method is a way of recording the assets of an organization on its financial statement. When an investor acquires securities or other financial instruments in a company, he or she will have the option of using the fair value method to account for the investment in the company's financial statements. When using the fair value method, any changes in the value of the securities are reported as revenue or loss on the investor's income statement.In conclusion, when the investee reports any unrealized or extraordinary income, the investor also reports his share of those extraordinary or unrealized incomes when using the fair value method.

Learn more about fair value method  here:

brainly.com/question/28000453

#SPJ11

You are a consultant to a firm evaluating an expansion of its current business. The cash-flow forecasts (in millions of dollars) for the project are as follows:
Years Cash Flow
0 – 100
1–10 + 18
On the basis of the behavior of the firm’s stock, you believe that the beta of the firm is 1.45. Assuming that the rate of return available on risk-free investments is 6% and that the expected rate of return on the market portfolio is 14%, what is the net present value of the project? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer in millions of dollars rounded to 2 decimal places.)
Net present value $ million

Answers

The net present value of the project is approximately $1.59 million (rounded to 2 decimal places).

First, we calculate the required rate of return using the CAPM formula:

[tex]Required Rate of Return = Risk-Free Rate + Beta * (Market Return - Risk-Free Rate)[/tex]

Risk-Free Rate = 6%

Beta = 1.45

Market Return = 14%

Required Rate of Return = 6% + 1.45 * (14% - 6%)

Required Rate of Return = 6% + 1.45 * 8%

Required Rate of Return = 6% + 11.6%

Required Rate of Return = 17.6%

Next, we discount the cash flows to present value:

[tex]NPV = Cash Flow / (1 + Discount Rate)^{Year}[/tex]

Year 1-10 Cash Flow: +18

NPV = -100 / (1 + 17.6%[tex])^{0}[/tex] + 18 / (1 + 17.6%[tex])^{1}[/tex] + 18 / (1 + 17.6%[tex])^2[/tex] + ... + 18 / (1 + 17.6%[tex])^{10}[/tex]

Using the formula for the sum of a geometric series, we can simplify the calculation:

NPV = [tex]-100 + 18 * (1 - (1 + 17.6 )^{-10)} / (1 - (1 + 17.6)^{-1})[/tex]

Calculating the NPV:

NPV = -100 + 18 * (1 - (1 + 17.6%[tex])^{-10})[/tex] / (1 - (1 + 17.6%)[tex]^{-1})[/tex]

NPV ≈ [tex]-100 + 18 * (1 - 0.3763) / (1 - 0.8235)[/tex]

NPV ≈ [tex]-100 + 18 * (0.6237) / (0.1765)[/tex]

NPV ≈[tex]-100 + 101.59[/tex]

To know more about net present value, here

brainly.com/question/31111988

#SPJ4

Which of the following are techniques for constructing a
continuous yield curve from a discrete set of spot bond prices or
interest rates?
A) Splines
B) Polynomial Interpolation
C) Neson-Siegel Functi

Answers

Techniques for constructing a continuous yield curve from a discrete set of spot bond prices or interest rates areA) Splines and C) Nelson-Siegel Function

A) Splines: Splines are a mathematical technique used to construct a smooth curve that passes through a set of given data points. In the context of constructing a yield curve, spline interpolation can be used to create a continuous curve that connects the observed spot bond prices or interest rates at different maturities. The spline curve ensures a smooth transition between the observed data points, allowing for a more accurate representation of the yield curve.

C) Nelson-Siegel Function: The Nelson-Siegel function is a specific parametric form of the yield curve. It is defined by an equation that combines exponential and polynomial terms to fit the observed bond prices or interest rates. The Nelson-Siegel function has four parameters that can be estimated to generate a continuous yield curve. This technique is widely used in fixed income analysis and provides a flexible framework for capturing the term structure of interest rates.

Both splines and the Nelson-Siegel function are commonly employed methods for constructing a continuous yield curve from discrete spot bond prices or interest rates. They offer different approaches to modeling the yield curve and have their respective advantages and limitations.

The choice between these techniques depends on factors such as the available data, desired accuracy, and specific requirements of the analysis.

Therefore the correct option is A) Splines and C) Nelson-Siegel Function

Learn more about continuous yield curve:https://brainly.com/question/16999020

#SPJ11

Solve the problem. Round dollars to the nearest cent and rates to the nearest tenth of a percent. The cost of an item is $76. For a special year- end sale the price is marked down 20%. Find the selling price of the item. A. $63.33 B. $91.20 C. $60.80 D. $15.20

Answers

Given, the cost of an item = $76Rate of discount = 20%To find the selling price of the item at the end of the year, we have to subtract the discount price from the original price.

We know that the discount on an item is given by discount rate / 100 × Original price Since 20% is the rate of discount, therefore the discount on the item = 20 / 100 × 76= $15.20Therefore, the selling price of the item is given by: Selling price = Cost of item − Discount Selling price = 76 − 15.20 = $60.80The selling price of the item is $60.80.Hence, the main answer is option C, $60.80.

Given, the cost of an item = $76Rate of discount = 20%To find the selling price of the item at the end of the year, we have to subtract the discount price from the original price. We know that the discount on an item is given by discount rate / 100 × Original price Since 20% is the rate of discount, therefore the discount on the item = 20 / 100 × 76= $15.20Therefore, the selling price of the item is given by: Selling price = Cost of item − Discount Selling price = 76 − 15.20 = $60.80The selling price of the item is $60.80.Therefore, the main answer is option C, $60.80, and the explanation consists of 120 words.

To know more about selling price visit:-

https://brainly.com/question/31662282

#SPJ11

Other Questions
Are the following true or false? Justify your answers briefly. a) Let f, g (0, [infinity]) R. If limx[infinity] (fg)(x) exists and is finite then so are both limx[infinity] f(x) and limx[infinity] g(x). b) Let {n} and {n} be sequences such that n < yn for all n N. If x and Yny, then x What should community safety look like and how can we attain that? i just need some other ideas pls :)) thank youuu A high-technology centre is looking into the advisability of taking on a team of technicians to meet the maintenance and adjustment needs of some of its complex equipment. At present, this service is 4(8x - 3) - 6 = 5 + 2xWHATS THE SOLUTION??? Find the area of the shape shown below.33units? Which of the following is most likely an example of accounting fraud?a. Selecting an acceptable depreciation method that misrepresents the economics of the transaction.b. Booking revenue from a fictitious customer.c. Using aggressive pension assumptions. How does the author's discussion of different death rates help readers understanspread of the Black Death? Use evidence from the text in your response. The figures are similar. Give the ratio of the perimeters and the ratio of the areas of the first figure to the second.a. 7:8 and 49:64b. 8:9 and 49:64c. 8:9 and 64:81d. 7:8 and 64:81 Solve system of equations given below using both inverse matrix (if possible) and reduced row echelon forms. (20 Points each) a) xy + 2x_2 + 2x_3 = 1 x_1 - 2x_2 + 2x_3 = - 3 3x_1 - x_2 + 5x_3 = 7 b) x_1 + 2x_2 + 2x_3 + 5x_4 = 0 x_1 - 2x_2 + 2x_3 - 4x_4 = 0 3x_1 - x_2 + 5x_3 + 2x_4 = 0 3x_1, -2x_2 + 6x_3 - 3x_4 = 0. The current period statement of cash flows includes the following:Cash balance at the beginning of the period$462,081Net cash flow from operating activities188,891Net cash flow used for investing activities58,036Net cash flow used for financing activities104,867The cash balance at the end of the period isa.$546,105b.$813,875c.$299,178d.$488,069 The following dot plots compare the height of the members of the basketball team and the swimming team.Determine the mean, median, mode and range for the dot plot. Show your work.(2pts) Mean: (2pts) Median: (1pt) Mode: (2pts) Range/Spread: Andy has $ 200 to buy a new TV . One- forth of that money came from his grandmother and he saved the rest . How much money did Andy save? What are the rocks that form when dissolved minerals precipitate from water solutions? ABGQuestion 14Some fast-food restaurants sell only chicken, others sell only tacos and burritos, and still others sell only hamburgers. This is an example of the economic concept ofinvestmentBbusiness cyclesCspecializationDelasticity How many turns must an ideal solenoid 10 cm long have if it is to generate a magnetic field of 1.5 mT when a current of 1.0 A passes through it?a) 3.5b) 1.8c) 2.2d) 0.50e) 2.8 7. What does Allah command us to do when we hear people talking falsely about Allahs Verses and mocking Islam? What types of decision need to be made by groups? mrs shalini asked her students to draw pictures of their home. 17/30 used color pencils and 11/30 used crayons for coloring. what fraction of the class used either color pencils or crayons? the refreeze there was like ice after I folded the other playerssimile or metaphor what could this mean 5/8 - 1/4 simplest form