$2,000. When a person makes a quick decision without taking the time to compare the opportunity cost of all possible options, he or she is using: the status quo.
If the accounting profit for a firm is negative, the: The correct answer is d) firm will not owe any taxes to the government. Firms do not owe taxes when operating at profit loss.
What if the accounting profit is negative?
A negative net income means a company has a loss, and not a profit, over a given accounting period. While a company may have positive sales, its expenses and other costs will have exceeded the amount of money taken in as revenue.
Accounting profit is greater than or equal to economic profit. Accounting profit is determined by total income minus the business costs that are indicated in the ledger accounts.
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standard cost per output unit for each variable direct cost input is calculated by multiplying . question 1 options: actual input allowed for one output unit by standard price per input unit actual input allowed for one output unit by actual price per input unit standard input allowed for one output unit by standard price per input unit standard input allowed for one output unit by actual price per input unit
Standard cost per output unit for each variable direct cost input is calculated by multiplying standard input allowed for one output unit by standard price per input unit.
A standard cost is that the budgeted price of an everyday producing method against that actual costs ar compared. Of course, if a brand new product, service, or method is to be meted out, the initial normal costs can need to be calculable.
Variable cost are any expenses that amendment supported what quantity an organization produces and sells. tThis suggests that variable prices increase as production rises and reduce as production falls. A number of the foremost common sorts of variable costs embrace labor, utility expenses, commissions, and raw materials.
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the preemptive right protects stockholders proportionate interest by allowing stockholders to purchase their proportional share of any common stock later issued by a corporation
Stockholders have a preemptive proper to buy ample newly issued shares to maintain their proportionate ownership in the corporation. Preemptive rights provide traders the proper to keep a proportionate interest in a company's stock
What is the preemptive right of a stockholder?A preemptive proper is a right of existing shareholders in a organization to buy newly issued inventory earlier than it is offered to others. The proper is supposed to shield modern-day shareholders from dilution in price or control. Preemptive rights, if recognized, are usually set forth in the company charter.
Pre-emptive right refers to the right granted to the stockholders to have the first option to subscribe to any issuance or disposition of shares from the capital inventory in share to their respective shareholdings in the corporation.
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https://brainly.com/question/11256269#SPJ4Aaron, Inc. is a nonprofit corporation that collects and distributes food for needy families. Aaron, Inc. also operates a small grocery store for profit. Which of the following statements is true?
A) The income from the collection and distribution of food and the income from grocery store are taxable.
B) No income from either of the activities is taxable.
C) Only the income from the collection and distribution of food is taxable.
D) Only the income from the grocery store is taxable.
The following statement, "Only the income from the grocery store is taxable." is true.
Taxable income is the portion of your income that is subject to income tax. This can include income from wages, investments, and other sources. The amount of taxable income you have will determine the amount of income tax you owe.
Taxable income is the money that you earn from your job, investments, or other sources that is subject to taxation. This includes both your pre-tax and after-tax income. The amount of taxable income that you have will determine how much you owe in taxes.
Hence, the correct option is "D".
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when the federal reserve increases the money supply, at the previous equilibrium interest rate households and firms will now have
Federal Reserve have more money than the money they want to hold.
The United States of America's central banking system is called the Federal Reserve System. With the passage of the Federal Reserve Act on December 23, 1913, it was established in response to the need for centralized control of the monetary system to prevent financial crises following a string of financial panics. To guarantee that the financial system supports a strong economy for American people, communities, and businesses, the Federal Reserve analyzes financial system risks and actively participates at home and abroad.
Each of the 12 regional reserve banks of the Federal Reserve System is owned by its member banks, who initially provided the capital to keep them operating, in accordance with the Federal Reserve Act of 1913.
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Fill in the blank: Videos related to __________ moments address company milestones, new product or service features, or other company-related updates.
brand
business
entertainment
sales
Videos highlighting BRAND moments cover business achievements, brand-new features for goods or services, or other business-related news.
A brand moment: what does it look like?
There are several ways to help your customers remember your brand, from the initial transaction to surprise-and-delight chances.
impose some restrictions.
Create Expert Staff Members.
Give the discourse more importance than the transaction.
Always Keep in Mind That Reply Timing Matters.
Shock and pleasure
What elements ought to be in a brand video?
creating a marketing video
Be aware of the intended audience.
Plan beforehand.
Tell tales that your audience will enjoy.
Your material should reflect the voice of your brand.
Include the hues and logo of your company.
Create films rapidly prior spending a lot of money on development.
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Joe is a manager. He recently purchased a new stock that is permissible and requires reporting.
What action should he take upon settlement of the purchase?
Answer:
The action that should be taken upon settlement of the purchase will be as follows: When the material enters the premises they require to be checked if it is according to the stock ordered. The delivery challan requires to be signed and given back to the seller of the goods.
The action should he take upon settlement of the purchase is Material must be verified upon arrival to the building to ensure that it matches the stock order.
What is a manager?
A manager refers to a person who is responsible head of any project and helps in arranging the resources, checking the progress, and timely completion of it in order to achieve the vision and goal of the organization.
It is necessary to verify that the material is in agreement with the inventory order as it enters the structure. It is necessary to sign the shipment challan and return it to the product vendor.
There must be entries made in the inventory book when the material comes onto the property. In order to provide evidence, the journal entry must be recorded in the books of accounts.
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Which of the following are consistent with the efficient markets hypothesis? Check all that apply.O Correct An average person in the market will believe that all stocks are fairly valued.O Correct A positive news release about a company will increase the value and stock price for that firm.O Correct Changes in stock prices can be accurately predicted by investors.
A positive news discharge about an organization will build the worth and stock cost for that firm as it manages data that is open to the overall population, it demonstrates a moderate degree of proficiency. At the point when an organization gets great press, stock costs rise and there is a comparing ascend popular for the organization's stock.
The three types of productive market speculation — weak, semi-strong, and strong— all fight that the market is for the most part proficient. all fight that the market is for the most part proficient.
The frail structure states that no kind of specialized examination can help financial backers and that ongoing stock costs precisely address all verifiable cost information.
Subsequently, choice (A) is the correct response.
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Both large and small companies use proposals to solicit or place competitive bids on projects. Most proposals are external and are a critical means of generating income. What type of proposal is written to obtain funding from agencies that support worthwhile causes? a. Informal proposal b. Grant proposal
Both large and small companies use proposals to solicit or place competitive bids on projects. Most proposals are external and are a critical means of generating income. The type of proposal is written to obtain funding from agencies that support worthwhile causes Grant proposal. The correct answer is B.
What traits set a successful grant application apart?A strong grant proposal should be concise, clear, and persuasive. Avoid being overly lengthy while still giving the donor enough details so that they can understand your request and know that you've given it some thought. The narrative you give in your grant application should also aid the sponsor in comprehending your project.
What is the purpose of a grant?The government may provide grants in order to support your initiatives and ideas for providing public services and fostering the economy. Numerous programs in the Catalog for Federal Domestic Assistance, such as ground-breaking research initiatives, vital recovery measures, and others, are funded by grants (CFDA).
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9 . given the following account balances before closing entries, what would be the balance for harris, capital on the postclosing trial balance (assuming the beginning capital balance is zero)? harris, withdrawals 26000 service revenue 309000 salaries expense 62000 depreciation expense-building and equipment 6800 supplies expense 14,200 insurance expense 16,700 utilities expense 20,300 a. 283,000 b. 163,000 c. 120,000 d. 189,000
Capital balance for Harris would be $155300 on the post-closing trial balance.
Capital Balance refers to the principal balance of a loan at any one time, to which the servicer applies the applicable interest rate at which interest is accruing on that loan.
CAPITAL BALANCE OF HARRIS-
INCOME STATEMENT FOR THE YEAR ENDED
PARTICULARS AMOUNT
Service Revenue 308000
Less-Expenses
Supplies expense 14000
Insurance expense 16400
Utilities expense 20300
Depreciation expense 7000
Salaries expense 68000
Total expenses 125700
Net profit 182300
STATEMENT OF OWNER'S EQUITY
FOR THE YEAR ENDED DECEMBER 31 Amount
Harris Capital, December 31 prior year end 0
Add- Net income 182300
Less- Drawings 27000
Harris Capital, December 31 Current year end 155300
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which of the following methods is an approach to business communications designed to help presenters not make the mistake of presenting evidence without first stating a central position?
PREP methods is an approach to business communications designed to help presenters not make the mistake of presenting evidence without first stating a central position.
Trading is the practise of earning a living or earning money by producing, purchasing, and selling things. Despite having a trade name, the proprietors of the business are the ones who are accountable for any responsibilities the business incurs. If the business runs up debt, creditors may be able to confiscate the owner's personal belongings.
A firm structure cannot be subject to the corporation tax rate. The proprietor is required to pay personal taxes on all business earnings. Contrary to sole proprietorships and partnerships, corporations are independent legal entities with limited responsibility for their owners/members and are taxed at corporate rates.
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which of the following statements about within-participant designs are false? group of answer choices carryover can be a problem in within-group designs they are less time consuming for participants than between-group designs they require fewer participants than between-group designs none of the above
Regarding the statements about Within- Participant designs in the question, the answer is none of the below.
A within-subjects design, or an in- groups design, is one way that experimenters can assign test actors to different treatment groups. In an in- subjects design, each party gets every condition of the independent variable.
Within-subjects studies are generally used for longitudinal studies as experimenters can assess changes within the same group of subjects over an extended period. Within- subjects designs necessitate lower sample sizes as each party provides repeated measures for each treatment condition.
This also reduces the cost and finances necessary to conduct these studies. Because individual variation is removed, this study design has little room for error, and experimenters can fluently determine any differences that be among treatments.
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Mrs. Simpson buys loaves of bread and quarts of milk each week at prices of $1 and 80 cents, respectively. At present she is buying these products in amounts such that the marginal utilities from the last units purchased of the two products are 80 and 70 utils, respectively. a. Is she buying the utility-maximizing combination of bread and milk? O No, the marginal utility per cent spent on bread is 0.80 and the marginal utility per cent spent on milk is 0.875. O No, the marginal utility per cent spent on bread is 0.875 and the marginal utility per cent spent on milk is 0.80. O She may or may not be buying the utility-maximizing combination since the amount that she is purchasing is not given. We cannot determine the utility-maximizing combination of bread and milk from the given information. b. If not, how should she reallocate her expenditures between the two goods? She should buy more milk and less bread. She should buy less milk and more bread. O She should buy more bread and more milk. She is currently buying the utility-maximizing combination of bread and milk.
A. O No, the marginal utility per cent spent on bread is 0.80 and the marginal utility per cent spent on milk is 0.875.
Marginal utility from last units purchased of milk/ Price of milk= 70/80 =0.875.
B. She should buy more milk and less bread.
Utility is the satisfaction or advantage derived by using ingesting a product. The marginal utility of a very good or service describes how an awful lot delight or pleasure is won with the aid of consumers as a result of the growth or decrease in consumption with the aid of one unit. There are three kinds of marginal utility.
Marginal application, in economics, the extra delight or gain (application) that a patron derives from shopping for a further unit of a commodity or carrier.
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which of the following is the correct equation for total mixed costs under the linearity assumption? a)Total fixed cost + (variable cost per unit x units of activity) b) total variable cost + (fixed cost per unit x units of activity) c) (total fixed cost x units of activity) + total variable cost d) (total fixed cost x units of activity) + (total variable cost x units of activity)
A. The total mixed cost is the sum of the total fixed cost and the variable cost per unit multiplied by the number of units.
The concepts of mixed costs in cost accounting are important to every business. An expense conduct represents both the proper expenses and variable costs caused during the creation interaction.
What is an example of a mixed cost?For instance, if a company pays $10,000 per month for its office space and $500 per month for its utilities, their total monthly expenditure would be $10,500. Rent would be the fixed cost in this scenario, while utilities would be the variable cost. The total cost would consist of them all.
What is a combined cost?A blended expense is an expense that contains both a proper expense part and a variable expense part. In order to predict how costs will change with various levels of activity, it is essential to comprehend the mix of these costs' components.
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_____ perform the work that users and firms are directly interested in accomplishing and can be thought of as places where a user's real work is done.
Applications perform the work that users and firms are directly interested in accomplishing and can be thought of as places where a user's real work is done.
An software application is a computer program designed to carry out a specific task aside from one referring to the operation of the pc itself, commonly to be used by cease-users. word processors, media players, and accounting software are examples. applied gaining knowledge of refers to an academic technique wherein students study through conducting direct utility of competencies, theories and fashions. easy software Server is a compute service that is designed for single-server eventualities. The carrier gives cloud-primarily based and lightweight servers which can be clean to set up and manipulate.
A scholar utility shape is a record that a teacher or important uses to acquire statistics from the pupil and their mother and father that allows you to follow for a school software or elegance.
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Identify sections that appear on the cash budget. (Select all that apply.)
Cash payments
Cash receipts
Financing section
Cash payments, Financing section and Cash receipts are the sections that appear on the cash budget
A cash budget is a projection of a company's cash flows over a given time frame. The budget in question can be for a week, month, quarter, or year. This budget is used to determine whether the entity has enough money to keep running for the specified period of time.
This budget is used to determine if business operations and other activities will generate enough cash to cover anticipated cash needs. If not, management needs to find more financing.
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nancy altidore invested $8,000 at 12% annual interest, and left the money invested without withdrawing any of the interest for 8 years. at the end of the 8 years, nancy withdrew the accumulated amount of money.
At the end of the 8 years, Nancy withdrew the accumulated amount of money-
(a) As per simple interest = $15,680
(b) As per compound interest = $19,807.70
What is simple interest?Simple interest is calculated by multiplying the interest rate by the principal or the amount invested, by the number of days that elapse between the payments.
(a) The amount that Nancy withdrew assuming the investment earns simple interest:-
Simple Interest = Principal × Rate× Time/100
= $8,000 × 12 × 8/100
= $7,680
∴ Amount = Principal + Interest
= $8,000+ $7680
= $15,680
(b) The amount that Nancy withdrew assuming the investment earns interest compounded annually:-
Amount = P(1+r/100)^n
where, P = Amount Invested , r = rate of interest and n = time
= $8,000(1+12/100)^8
= $19,807.70
Therefore, $15,680 and $19,807.70 are the amounts that Nancy can withdrew after 8 years if the investment earns simple and compound interest respectively.
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The full question is attached for reference.
Write a query to return Territory and corresponding Sales Growth. Compare growth between periods Q4-2021 vs Q3-2021.
If Territory (say T123) has Sales worth $100 in Q3-2021 and Sales worth $110 in Q4-2021, then the Sales Growth will be 10% [ i.e. = ((110 - 100)/100) * 100 ]
Output the ID of the Territory and the Sales Growth. Only output these territories that had any sales in both quarters.
(select s.order value) as q2.claims Inner join MAP CUSTOMER TERRITORY c on s.customer id=c.customer id where s.order datetime between 1/10/2019 and 31/12/2019, group by c.territory id.
A query might ask your database for data results, a specific action to be taken with the data, or both. A query can add, alter, or remove data from a database, conduct computations, integrate data from other databases, and answer simple questions.
The ability of your sales staff to increase revenue over a predetermined period of time is measured by a metric called sales growth. Businesses run the risk of being surpassed by rivals and stagnating without revenue growth.
Tables include: Cust Sales:
Cust id,product sku,order date,order value,order id,month
Cust Territory: customer city, customer pincode, cust id, and territory id
For this query, consult the databases MAP CUSTOMER TERRITORY and FCT CUSTOMER SALES, which include sales information for each customer respectively.
SALES GROWTH | TERRITORY ID as the output format
Select ((q2.claims - q1.claims)/q1.claims * 100) AS SALES GROWTH, c.territory id from the required query.
From
(select s.order datetime between 1/07/2019 and 30/09/2019 group by c.territory id) as q1.claims, inner join MAP CUSTOMER TERRITORY c on s.customer id=c.customer id,
(select s.order value) as q2.claims Inner join MAP CUSTOMER TERRITORY c on s.customer id=c.customer id where s.order datetime between 1/10/2019 and 31/12/2019 group by c.territory id.
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Purchasing a foreign currency overseas at a low price and reselling it in the US market at a higher price is dubbed: A) Moral Hazard B) Leveraging C) Credit Default Swap D) Currency Arbitrage
Purchasing a foreign currency overseas at a low price and reselling it in the US market at a higher price is dubbed Currency Arbitrage . Correct option (d).
What Is Currency Arbitrage?
Currency arbitrage is a forex trading method in which a trader makes use of the various spreads provided by brokers for a certain currency pair. For a given currency pair, varying spreads indicate discrepancies between the ask and bid prices. In order to profit from the mispriced rates, currency arbitrage includes buying and selling currency pairs from several brokers.
Currency arbitrage is the exploitation of differences in quotes offered by brokers.Currency arbitrage can be practiced using different strategies, such as two-currency arbitrage and three-currency arbitrages.Learn more about Currency Arbitrage to visit this link
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at the beginning of the year, monroe company estimates annual overhead costs to be $1,200,000 and that 300,000 machine hours will be operated. using machine hours as a base, the amount of overhead applied during the year if actual machine hours for the year was 315,000 hours is group of answer choices $1,200,000. $1,142,857. $840,000. $1,260,000.
Using machine hours as a base, the amount of overhead applied during the year if actual machine hours for the year were 315,000 hours is $126,000.
The expected overhead rate needs to be determined: Entire expected period overhead expenses divided by the total amount of the allocation base is the estimated manufacturing overhead rate. 120,000/300,000 or $0.4 per machine hour is the estimated manufacturing overhead rate.
We can now assign overhead: Allocated MOH= Estimated manufacturing overhead rate * Actual amount of allocation base = 0.4*315,000= $126,000.
In general, overhead costs are not assigned to products directly. According to a predetermined allocation rate, it is an indirect cost that is split among various departments and added to the cost of the product or charged to the income statement. The product cannot be allocated directly to overhead. It is distributed to departments in accordance with an established allocation rate.
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Laramie, Inc., has an operating environment with considerable uncertainty. The company prepares the budget for several different volume levels.
Laramie had the following budgeted data:
Budgeted variable costs per unit: Direct materials $ 7.00
Direct labor 10.00
Supplies 1.00
Indirect labor 0.50
Power 0.05
Budgeted fixed overhead for 2018: Supervision $4,000
Depreciation 3,000
Rent 2,000
What is the difference in total budgeted costs between the volume range of 4,000 and 5,000 units?
$2000 is the difference in total budgeted costs between the volume range of 4,000 and 5,000 units.
What are budgeted costs?Budgeted costs are anticipated future costs that the company anticipates racking up in the future. In other words, based on anticipated revenues and sales, it is an estimated expense that management thinks will be incurred in a future period. A cost budget is a financial plan that details the anticipated expenses associated with operating a firm, tackling a project, or creating a product. Cost budgets are created for project-related expenses that are large. The cost budget can be created for any time frame, whether it be a quarter, semester, or year. In business, the process of creating a budget involves estimating a company's future revenues and outlays (the money used to pay for expenses and bills).
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Which of the following terms represents the proposition that a negligent party is legally liable only for the foreseeable risk that they cause?A. actual causeB. proximate causeC. establishment causeD. negligent causeE. injurious cause
Option (b), Proximate causation asserts that a negligent party is only held accountable for the risk they could have reasonably foreseen.
How is proximal cause applied?In both law and insurance, a proximate cause is an event that is sufficiently connected to a harm for the courts to identify it as the primary cause of the injury. The legal system distinguishes between proximate cause and actual causality (also known as legal cause). The "but for" test is employed to identify the root cause: Without the action, the outcome would not have occurred. (The crash, for instance, would not have happened if the driver had not sped through the red light.) Although the injury must develop prior to the activity, the harm may not still arise from the action alone. A few situations render the but for test useless.
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morgan mayfield gives a number of reasons why we should turn off our cell phones during class. it appears that mayfield is one of those luddites who are opposed to technology altogether. no computers, no ipods, no palm pilots--that's what mayfield wants. but that's just ridiculous. it's clear that mayfield is wrong.
Morgan Mayfield is not totally wrong, she is absolutely right that we should turn off our mobile phones during classes because it distracts us from studying in numerous ways. It doesn't mean that she opposes technology altogether. Using a mobile during class is a distraction and it's a disadvantage of technology.
Distractions from technology have a subtle effect on how you think, adapt, and solve problems. For instance, you may look up information on something you saw on television. When you do this, it diverts your attention from the programme and lessens the likelihood that your brain will use its memory.
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outdoors season is underway in oregon, and tiana and her cousins are planning a weekend fishing trip. they have the choice between fishing the lake near town where anyone is allowed to fish without a permit, or they could drive a short distance to a creek located on a family friend's property in the woods. assume throughout the problem that all fish caught in either body of water are free for those fishing to keep.
Due to Option C (anybody can fish in the river, one and person's fishing activity reduces the ability of another to fish successfully), it is possible that fishing will result in the tragedy of the commons.
Why is there a tragedy in the commons?Common resources, often called public resources, run out when people who have access to them act selfishly. A tragedy of the commons is how we refer to this situation. A British author by the name of William Forster Lloyd is the creator of this economic theory.
The number of users that want to use the common in issue, the consumptive nature of their uses, and the relative robustness of the common all have a significant impact on determining the rate of resource depletion.
Unlike the fish in the private stream, which are rival in eating and excludable by nature, the fish in the river were rival in eating and non-excludable by nature. In other words, whereas fish in a personal pond are not regarded a communal resource, fish in the river is an example.
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Inthe context of the study conducted by Lazarova and Caligiuri, which of thefollowing refers to the most important HRM practice for successfulrepatriation?
A)continuous communication with the home office
B)financial and tax assistance
C)agreement about position upon repatriation
D)visible signs that the company values international experience
The correct response would be Option (D), Visible indicators that the business values international experience rank as the most crucial HRM practice for successful repatriation.
When repatriation happens, Employees frequently encounter significant variations between organizational practices and national cultures.
Career planning meetings need to be held by the organization to complete the repatriation. A career planning session gives employees the tools they need to make professional decisions and helps them feel at home in the workplace.
Human resources practices that fall within the definition of HRM include employee staffing, staff development, performance management, compensation management, and encouraging employee involvement in decision-making.
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TRUE/FALSE. though there is some overlap with the two concepts market economy and laissez faire, several important differences between them must be borne in mind.
Though there is some overlap with the two concepts market economy and laissez faire, several important differences between them must be borne in mind. The given statement is False.
Between the two concepts market economy and laissez faire, several important differences must be borne in mind.
What is Fredrick Hayek theory?
Hayek theory is related to interest rate and how it is a crucial determinant in economy especially investors.
Savers and investors are interested in interest rate as the higher rate of interest, the better for them through time.
Hayek's theory is said to affect inflation as the policy tends towards decreasing unemployment but Laissez-faire believes in allowing things to unfold itself without interfering.
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For each of the following accounts, give the growth factor per compounding period, then give the annual growth factor and the annual percent change (APY).
Account A has a 5% APR compounded monthly.
Monthly growth factor: Correct
Annual growth factor: Correct
APY: Incorrect %
Account B has a 3.2% APR compounded daily. Assume there are 365 days in the year.
Daily growth factor: Incorrect
Annual growth factor: Incorrect
APY: Incorrect %
A. Monthly Growth Factor = (1+0.0041667) = 1.0041667
Annual Growth Factor = 1.0041667^12 = 1.0511623
Annual percent change (APY %) = 5.11623 or 5.12% .
B. Annual percent change (APY %) = 3.25156% or 3.25% .
Daily Growth Factor = 1.00008767
Annual Growth Factor = 1.0325156
What is Growth Factor?⇒ A growth factor is a naturally occurring molecule that can promote cell growth, wound healing, and cellular differentiation sporadically. Typically, a protein or steroid hormone is secreted. Growth factors are crucial for controlling numerous biological activities.
Growth factors frequently serve as chemicals that cells use to communicate. Cytokines and hormones are two examples of molecules that bind to particular receptors on the surface of their target cells.
Growth factors differ in how often they stimulate cell differentiation and maturation. For instance, fibroblast growth factors and vascular endothelial growth factors increase blood vessel differentiation, while epidermal growth factor (EGF) improves osteogenic differentiation (angiogenesis).
Calculation:
A.
5% APR compounded monthly = Monthly interest rate = (5%)/12 = 0.41667% or 0.0041667
Monthly Growth Factor = (1+0.0041667) = 1.0041667
Annual Growth Factor = 1.0041667^12 = 1.0511623
APY % = (1.0511623 – 1) * 100 = 5.11623 or 5.12% (rounded off)
B.
3.2% APR compounded daily = Daily interest rate = (3.2%)/365 = 0.008767% or 0.00008767
Daily Growth Factor = (1+0.00008767) = 1.00008767
Annual Growth Factor = 1.00008767^365 = 1.0325156
APY % = (1.0325156 – 1) * 100 = 3.25156% or 3.25% (rounded off)
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issuing stock for assets other than cash on november 23, elder lift corporation, a wholesaler of hydraulic lifts, acquired land in exchange for 26,000 shares of $20 par common stock with a current market price of $26. journalize the entry to record the transaction. if an amount box does not require an entry, leave it blank. date account debit credit nov. 23 - select - - select - - select - - select - - select - - select -
Journal Entry- Land A/c dr - 676000;Common Stock A/c cr- 520000; Common stock Cr ...........156000
In order to document a business transaction in the accounting records of the company, a journal entry is used. A journal entry is often made in the general ledger, but it can also be made in a subsidiary ledger and subsequently rolled forward into the general ledger after being summarized.
The Journal Entry will be
Land account Dr ....................676000 (26000x26)
Common stock account Cr 520000.................... (26000x20)
Paid in capital in excess of Par - Common stock Cr ...........156000 (26000x6)
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which of the following groups meets to discuss changes in the economy and determine monetary policy?
There are no groups to choose from, however, it should be inferred that within a country the entity in charge of discussing changes in the economy is the government of that country.
The central banks are in charge of determining the monetary policy of the country, since they are in charge of guaranteeing economic and financial stability.
What is economics?It is a type of social science which is responsible for studying the laws that govern the distribution and consumption of goods and services available in a country.
Governments are the main entities which have power over the economies of nations, banks are those entities that control and economically finance governments.
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conflicts of interest conflicts of interest always involve personal financial gain. have become less frequent today. are morally worrisome only when the employee acts to the detriment of the company. occur when employees have special or private interests that are substantial enough to interfere with their job duties.
Out of the choices provided above, it can be concluded to state that the conflicts of interests occur when the employees have special or private interests that are substantial enough to interfere with their job duties. Therefore, the option D holds true.
The conflict of interest can be referred to or considered as a phenomenon that represents the interference of two likely subjects of an individual's interest. These are generally found in an organization for the employees who have special or private interests with the tasks that are external, but similar to those of the company.
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Which of the following statements is correct?
a. If the tentative minimum tax exceeds the regular income tax liability, the AMT is $0.
b. The exemption amount decreases as AMTI increases.
c. The AMT tax rate for an individual taxpayer can be as high as 26%.
d. Only a. and c. are correct.
e. a., b., and c. are correct.
Only a. and c. are correct statements are correct. The excess of the proposed minimum tax over the standard tax is known as the AMT.
Therefore, the AMT is only due if the annual tentative minimum tax is higher than the annual normal tax. The proposed minimum tax is calculated independently of the standard tax. If your adjusted gross income (AGI) exceeds the exemption for your filing status, then you only need to worry about the AMT. The greater tax would then need to be calculated based on your alternative minimum taxable income. By completing Form 8801 and including it with your tax return.
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