journal entries, financial statements, and closing entries for a capital projects fund the following transactions occurred during the fiscal year july 1, 2021 to june 30, 2022: 1. the city of spainville approved the construction of a city hall complex for a total cost of $120,000,000. a few days later, a contract with a 5 percent retainage clause was signed with paltrow construction for the complex. the buildings will be financed by a federal expenditure-driven grant of $25,000,000 and a general obligation bond issue of $100,000,000. during the current year, investment revenue of $4,000,000 is budgeted. (assume the budget is recorded in the accounts and encumbrance accounting is used.) 2. the bonds were issued for $90,000,000 (the face amount of the bonds was $100,000,000). the difference between the actual cost of the project and the bond and grant proceeds was expected to be generated by investing the excess cash during the construction period. 3. the city collected the grant from the government. 4. the city invested $90,000,000. 5. the contract signed with paltrow stipulated that the contract price included architect fees. the architects were paid their fee of $45,000 by spainville. retainage does not apply to the architect fees. (assume a vouchers payable account is used.) 6. paltrow submitted a progress billing for $25,000,000. the billing, less 5 percent retainage, was approved. assume that the city will use resources from the federal grant to make this payment. 7. investments that cost $5,000,000 were redeemed for a total of $5,020,000. note: the $20,000 increase represents interest income. 8. interest income totaling $3,500,000 was received in cash. 9. the contractor was paid the amount billed in transaction 6, less a 5 percent retainage. 10. the contractor submitted another progress billing for $25,000,000. the billing, less retainage, was approved. 11. investments totaling $14,600,000 were redeemed, together with additional interest income of $1,400,000. 12. the contractor was paid the amount billed in transaction 10, less a 5 percent retainage. 13. interest income of $250,000 was accrued. 14. bond interest totaling $10,000,000 was paid.

As mistake has already been propagated into multiple places which requires a considerable clean-up effort upon discovery, she had realizes that improving the quality of the data at her firm would change this situation raising productivity.

Basically, a productivity refers to an efficiency of production of goods or services expressed by some measure. Its measurement is are often expressed as a ratio of an aggregate output to a single input or an aggregate input used in a production process.

A raised productivity is best related to a productivity improvement, which means getting more done & more output with the same amount of input. At best, the best improvements of outputs can allow your business to increase productivity while decreasing cost.

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If the big rig delivery service communications equipment: cost, $3,840 with useful life of 8 years. Assume the residual value of all the assets is zero and the straight-line method is used. Big Rig's monthly depreciation journal entry will include a : Credit to Accumulated Depreciation - Equipment of $443.

Given data:

Equipment: cost = $3,840

Useful life = 8 years

Delivery equipment: cost =$17,712

Useful life = 12 years

Computer: cost = $12,960

Useful life = 4 years

Hence,

In order to determine the accumulated depreciation we would have to find the total annual depreciation.

Total annual depreciation :

Total annual depreciation = (3840/8)+(17,712 /12)+(12,960/4)

Total annual depreciation = 480+1476+3240

Total annual depreciation = 5196

Now let determine the Depreciation expense per month

Depreciation expense per month = 5304/12 months

Depreciation expense per month = $443

Therefore we can conclude that the company monthly depreciation journal entry will include  Credit to Accumulated Depreciation - Equipment of the amount of $443.

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The complete question is:

big rig delivery service has the following plant assets: communications equipment: cost, $3,840 with useful life of 8 years; delivery equipment: cost, $17,712 with useful life of 12 years; and computer: cost, $12,960 with useful life of 4 years. assume the residual value of all the assets is zero and the straight-line method is used. Big Rig's monthly depreciation journal entry will include a :

When considering sales and operations planning for​ services, a strategy to vary workforce​ levels, where additional​ full-time or part time employees are hired during peak demand periods while a​ smaller, permanent staff is maintained​ year-round is known as tiered workforce.

Tiered Employment acts as a free resource for hiring by offering employers a continual stream of recommendations from social services and training organizations. Tiered employment also stabilizes a company's personnel, which lowers the expense of turnover.

Workforce, or the entire number of individuals working for a particular organization or on a certain project, is referred to as the workforce. Additionally, as implied by the phrase itself, the idea of workforce management is strongly tied to the enhancement of employees' productivity.

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business universal corporation, a U.S. firm, establishes a wholly owned subsidiary firm in Brazil. In this situation, business universal retains complete control and authority over all the operation.

A parent company and subsidiary relationship exists when one business controls another. When a business buys a large portion of the voting stock in another business, it typically creates a parent company. A parent company is typically a big business that controls a smaller business.The subsidiary business may operate in the same sector as the parent business or one that is closely related to it. A parent business may be the owner of numerous tiny subsidiaries.

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Calculate the amount of interest and, separately, principal paid on each mortgage. what is the difference in interest paid? b. calculates your monthly payments on the two mortgages. what is the difference in the monthly payment on the two mortgages are:

1.=370000*(1-20%) *(7.25%/12)/(1-1/(1+7.25%/12)^(12*15))*12*15-370000*(1-20%) =190373.343

2.=370000*(1-20%)*(8.25%/12)/(1-1/(1+8.25%/12)^(12*25))*12*25-370000*(1-20%)=404143.7196

3.=370000*(1-20%)*(8.25%/12)/(1-1/(1+8.25%/12)^(12*25))*12*25-370000*(1-20%)-(370000*(1-20%)*(7.25%/12)/(1-1/(1+7.25%/12)^(12*15))*12*15-370000*(1-20%))=213770.3766

4.=370000*(1-20%)*(7.25%/12)/(1-1/(1+7.25%/12)^(12*15))=2702.074128

5.=370000*(1-20%)*(8.25%/12)/(1-1/(1+8.25%/12)^(12*25))=2333.812399

6.=370000*(1-20%)*(7.25%/12)/(1-1/(1+7.25%/12)^(12*15))-370000*(1-20%)*(8.25%/12)/(1-1/(1+8.25%/12)^(12*25))=368.2617292

A loan price is commonly made of 4 components: principal, interest, taxes and insurance.  The principal component is the quantity that can pay down your superb mortgage amount. Interest is the price of borrowing cash.

A loan is a settlement among you and a lender that offers the lender the proper to take your house in case you fail to pay off the cash you have borrowed plus interest.  Mortgage loans are used to shop for a domestic or to borrow cash in opposition to the cost of a domestic you already own.

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The rental rate was $23.70 per square foot per month five years ago if the rental costs have been going up at 6.2% per year compounded annually.

The compound interest formula can be used to solve the rental rates of the office space 5 years ago.

It is given as;

A = P (1 + r/n)^nt

In this formula; P is the initial balance

A is the final amount ($32)

r is the interest rate (6.2% = 0.062)

n is the number of times interest was applied per time period (1)

t is the time periods elapsed (5)

Therefore,

32 = P (1 + 0.062)^5

32 / (1.062)^5 = P

P = $23.70

Therefore, $23.70 is calculated to be the rental rate five years ago provided that the current rent is $32 per square foot per month.

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The total value of the investment is [$16,000 x (1.00558)^12t] + [9000t e^0.091].

The total amount of the investment after t years is the sum of the total value of the amount invested in the low-risk mutual fund and the amount invested in the high-yield bound fund.

FV = P (1 + r)^nm

Where:

$16,000 x (1.00558)^12t

The formula for calculating future value when there is continuous compounding is : A x e^r x N

Where:

9,000 x e^0.091 x t

9000t e^0.091

Total value of the investment = [$16,000 x (1.00558)^12t] + [9000t e^0.091]

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Answer:

A well-documented evaluation of your campaign builds credibility and respect. It helps determine if your ads are hitting the target audience, and what are their opinions and feedback on it.

Explanation:

The evaluation of your advertisement campaign helps in enhancing transparency and the report showcases the achievements you have attained during this and also helps showcase the entire campaign to every key stakeholder. It helps in building trust across the various departments in the company and enables them to measure the strengths and weaknesses of the campaign, in order to adjust for future campaign drives.

It will take around 2.46 years to buy the Ferrari worth $180,000 with investment of $48,000 today at 5.5% annual rate of interest.

Amount needed to but the car = $180,000

Investment amount= $ 48,000

annual rate of interest (r) = 5.5%= 0.055

Let the total number of years required = n

Amount= Principal(1+r) ^n

180,000 = 48000 (1.055) ^n

180,000/48000 = (1.055) ^n

3.75 = (1.055) ^n

using log both sides

log (3.75)/log (1.055) =n

0.5740/0.2325 = n

2.46 years.

The amount invested today i.e. $48,000 is the present value whereas amount required in the future to buy the Ferrari in known as its future value.

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The entertainment budget category is the simplest to target for spending cuts. Thus option A is correct.

A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.

Include them in your internet bill if you frequently purchase scratch cards, play mobile games, or buy stuff, movies, or other TV shows. Your budget won't be made or broken by these modest costs. The easiest budget item to minimize expenditure is entertainment. This was to be made sure that the entertainment is helped in the cuts that the person is spending on.

Therefore, option A is the correct option.

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The scheduling that considers limited resources when making a project schedule and includes buffers to protect the project completion date is using critical chain scheduling.

Critical chain scheduling may be a strategy centered on resource leveling. A technique such as the basic way may be exceedingly effective in situations, where there's no asset deficiency.

Even though subordinate errands, for the most part, characterize the venture timelines, asset utilization plays a key part.

The critical chain of an extension is the subordinate assignments that characterize the lower constraint of conceivable lead time. In this manner, it is secure to accept that the basic chain is made of sequenced subordinate errands.

In basic chain planning (CCS), these subordinate assignments are planned in the most viable and useful way.

When it comes to basic chain planning, conditions are utilized to decide the basic chain. In this case, two sorts of conditions are utilized: hands-off conditions and asset conditions.

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The rate of return is 10.5%. The percentage of the invested sum that is profit would be the rate of return.

The Capital gain on stock = The stock price at the end - The stock price at the beginning

The Units of stock purchased = $4000/$20 = $200

The Stock price at the end= 109% × $20 = 21.8

The Capital gain = (21.8 - $20)  × $200 = $360

The Cost of fund = the interest rate × the amount borrowed

Amount borrowed = $2000

The Cost of fund= 7.5% × $2000 = 150

The Rate of Return = The Capital gains - The cost of funds /(Total cost - amount borrowed)

The Rate of return= ($360 - $150)/($4000-$2000)× 100 = 10.5%

The Rate of return = 10.5%

Hence, the rate of return is 10.5%.

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Pinnacle is in the phase of the new product development process known as idea screening stage as it is selecting ideas with the greatest potential for development for further review.

In marketing, a new product development refers to the process of bringing a new product to market, renewing an existing product or introducing a product in a new market. The central aspect of the new product development is product design with other various business considerations.

In marketing, the 7 stages of new product development are classified into:

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If Jordan is a certified yoga instructor and nutrition coach. he started offering yoga lessons and nutrition workshops at his friend’s businesses on the weekends. one area where he may struggle in managing his new business is: option D. he may lack the skills and experience to make good management decisions.

Skills can be defined as what a person acquired through training and learning although skills can be inbuilt skills and acquired skills.

Management decision can be defined as the ability of a person to effectively makes decisions that will benefit their own company or the  company they work for.

Bases on the scenario he may find it hard to makes a management decision in a situation were he lacks skills and experience that is needed for the business.

Therefore the correct option is D.  he may lack the skills and experience to make good management decisions.

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The definition that has been given by Jonah in the context of a bottleneck is that it is the stage of a process that causes the entire process to slow down or stop completely. Hence, Option A is correct.

An assembly line or computer network bottleneck is a location of congestion that causes a manufacturing system to halt or move very slowly.

A "bottleneck" in an operation is a work stage that, even while operating at maximum throughput, is unable to achieve the production quota, causing the flow of activities to be slowed down or stopped.

Therefore, Option A is correct.

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In desiring employees with more restricted and departmentalized job responsibilities, the employer should hire employees with specific experience and limited job responsibilities.

Analyzing the information regarding the issue, it is correct to say that this approach is related to the centralized organizational structure.

What is a centralized organizational structure?

It corresponds to the systematization of resources and departments in a more inflexible and centralized way, with the high hierarchy as decision-making and organizational control, that is, a centralized organization is highly hierarchical, with employees performing specific and pre-defined functions, with departments formed by specialization from work.

Therefore, a centralized organization can allow greater control, but be more demotivating for creativity, innovation and autonomy, as it is a more rigid and hierarchical work structure.

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Nicholai is the director of human resources for a small film production firm. If the firm decides to upgrade its audio equipment, Nicholai will probably function in influencer role in the firm's buying center.

The movie business is the same. In fact, the movie industry may have more influencers than any other sector of the global economy. There is a wide variety of talent available because film is such a widely accessible art form. Many people have opinions regarding the industry, including producers, film stars, and editors of film magazines. It might be challenging to distinguish apart in an industry where so many people are well-known.

A leader or executive who inspires or encourages others or subordinates through their methods, strategies, knowledge, innovations, and thoughts is known as an influencer. They guide and aid others in their activities, encouraging them to be responsible and showing empathy for them.

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'when Toyota purchases information about quality and customer satisfaction research from j. d. power and associates, it is acquiring a form of tertiary data.

A  tertiary data source is an index or textual integration of previously published primary and secondary sources that does not provide additional interpretation or analysis of the source. These are sources that index, summarize, organize, assemble, or process other sources. Some reference materials and textbooks are considered tertiary sources if their primary purpose is to enumerate, summarize, or simply repackage ideas or other information. Tertiary data sources are not usually assigned to a specific author.

Tertiary data sources combine information from primary and secondary sources. A third source is a good way to get a quick overview of a particular topic. Most textbooks are tertiary sources. The following are examples of tertiary sources available through the library: CountryWatch.

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Answer:

full purchase price of the pickup= $1,824.33

The beta of the stock be 1.08

It is calculated as:

Expected return = risk free rate + beta *(market risk premium)

              11.4%     = 3.7% + beta*(7.1%)

        11.4%-3.7%   = beta*(7.1%)

           7.7%          = beta*(7.1%)

            7.7%/7.1% = beta

                  1.08        = beta

The concept of beta is used in the capital budgeting while calculating capital asset pricing model which is used to determine the required return that investor expects from its stock. Beta is considered the coefficient which depicts the impact on the stock of the changes in the market.

Higher the value of beta , high will be risk involved.

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The net income earned is $240

The term net income refers to a company's net earnings. It is determined by subtracting total expenses from total receipts. The term total expenditure can refer to taxes, business expenditures, interest payments, fees, and depreciation. The calculation of shareholders' earnings per share is aided by net income.

1.

Dr.  Account Receivable $5,760

Dr. Service charges         $240

Cr.  Service revenue        $6,000

2.

Dr.  Cash                            $5,760

Cr.  Accounts receivable  $5,760

Working Notes

Assuming all the sales are performed on the account first, cash is received after issuing the invoice.

Service revenue                      $6,000

Less: Credit card expenses    $ (240)

Net income                             $5,760

Service charges = $6,000 x 4% = $240

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Threats of new entrants would be  helpful in assessing  the five forces in that industry.

The Threat of Entrants, one of the forces in Five Forces industry defines the framework, refers to the threats  that new competitors pose to current players acting  within an industry. It is one of the type of  forces that builds  the competitive landscape of an industry, and it helps to  defined  the attractiveness of the industry.

The five forces in the airlines industry includes  

(1) rivalry among current  competitors,

(2) bargaining power of the buyers,

(3) bargaining power of the suppliers,

(4) threat of substitutes, and

(5) threat of new entrants (barriers to entry)

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The industrial revolution saw the development of continuous manufacturing, sophisticated transportation and communications systems, advanced construction practices, and improved education and leisure time.

In the field of history, the industrial revolution is categorized as one of the biggest revolutions through which agriculture and handwork societies moved towards more advanced industrial processes for revenue.

Before the industrial revolution, people lived more in rural areas and focused on agriculture. However, during the industrial revolution, people moved toward cities in order to find better jobs. The industries manufactured various products for the benefit of humans, iron and steel industries came into existence, proper methods of communication were set up, and new machines were invented along with various other advancements during the industrial revolution. The quality of education was also improved.

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Main Answer:

The couples should withdraw $ 3086.29 every month if they don’t want any money in the account after the 10 years?.

Explanation:

PV of Annuity = Annuity payment * [ 1 - [(1+r)^-n]] /r

r - Int rate per period

n - No. of periods

Particulars Amount

PV Annuity $ 250,000.00

Int Rate 0.7000%

Periods 120

Annuity Payment = PV of Annuity / [ 1 - [ ( 1 + r ) ^ -n ] ] / r

= $ 250000 / [ 1 - [ ( 1 + 0.007 ) ^ -120 ] ] / 0.007

= $ 250000 / [ 1 - [ ( 1.007 ) ^ -120 ] ] /0.007

= $ 250000 / [ 1 - 0.432976 ] / 0.007

= $ 250000 / [ 0.567024 / 0.007 ]

= $ 250000 / [ 81.00347 ]

= $ 3086.29

Annuity payment is $ 3086.29

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The amount that the couple can withdraw each month is the payout annuity and it is $3,086.29

The situation can be seen as payout annuity problem.

The formula is:

P = PMT. [1 - (1 + i)⁻ⁿ] / i

Where:

P = present value

PMT = payout annuity

i = interest rate per period

n = number of periods

Parameters from the problem:

P = $250,000

i =  8.4%/12 = 0,007

n = 12 x 10 years = 120

Hence,

250,000 = PMT. [1 - (1 + 0,007)⁻¹²⁰] / 0.007

PMT = 250,000 × 0.007 / 0.567

        = 3086.29

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The expected return on Jami's fund which includes stock A and stock B will be 6.048 %

Information given

Stock A:

Standard deviation of 22%

Expected return of 12%

Weight = 0.40

Stock B:

standard deviation of 25%

expected return of 10%

Weight = 0.60

Expected return= (stock A weight * expected return) + (Stock b weight *expected return)

= 0.40*0.12 +0.60*0.10

= 6.048%

A stock, also recognized as ownership, is a financial product that represents ownership of a portion of the company that issued. Shares are components of stock that authorizes the holder to a percentage of the company's assets and revenues based on the number of stocks they own.

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The two most well-known stores in the world are still Walmart and Costco. Both businesses are still highly renowned for their affordable rates, carefully chosen merchandise, and distinctive products.

Founded in 1962, Walmart today runs more than 5,000 stores worldwide, while Costco manages more than 800 warehouses. In recent years, the rivalry has intensified as people contrast Walmart's extensive presence with Costco's explosive growth.

Food Courts at Costco Walmart provides dining options

Members can frequently stop by the counter for some post-shopping goodies in the well-liked Costco food court. These cherished menu items, which include the pizza, onion crank, and $1.50 hot dogs, continue to be customers' favorites throughout its warehouses.

Walmart functions somewhat differently. You may be welcomed by a restaurant that is housed inside the store after you enter or exit depending on which side of the store you enter. Wendy's, Frutta Bowls, Saladworks, and even the fast-casual Shawarma Press have joined the Walmart market and have taken up residence inside its stores.

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Jackson company is a publicly held corporation whose $1 par value stock is actively traded at $64 per share. The barton company will debit land for $192,000.

Given that

Par value of stock = $1

Actively traded per share = $64

Number of shares issued = 3,000 shares

Acquired value of land = $200,000

By considering the above information, the calculation would be done as follows

Land value would be

= Number of shares issued × actively traded per share

= 3,000 shares × $64 per share

= $192,000

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On Jan. 2, Callie Company performed $800 worth of services for a client. The client paid $800 immediately, The journal entry to record this transaction in Callie Company's books would include a "Debit to the Cash account"(debit/credit) to the Cash account; and a "Credit to the Service Revenue account"(debit/credit) to the Service revenue account.

This is further explained below.

Generally,  The customer made an initial payment of $800, This transaction would be recorded in the books of Callie Firm as a "Debit to the Chequing account" (debit/credit) to a Cash book, and as a "Credit to the Service Revenue account" (debit/credit) to the Service revenue account, as part of the journal entry that would be used to record this transaction.

In conclusion, Based on the following accounting rules, record a debit entry in the Cash account and a credit entry in the Service Revenue account:

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CQ

On Jan. 2, Callie Company performed $800 worth of services for a client. The client paid $800 immediately, The journal entry to record this transaction in Callie Company's books would include a ___________ (debit/credit) to the Cash account; and a _______ (debit/credit) to the Service revenue account.

Corporate-level managers/executives are responsible for making decisions that impact profitability and the short-term and long-term success of an organization. To get the information they need, managers rely on output provided by Transaction Processing Systems (TPS).

A Transaction Processing gadget (TPS) is a form of facts gadget that collects, shops, modifies and retrieves the information transactions of a company.

Transaction processing structures additionally try to provide predictable response times to requests, although this is not as critical as for real-time structures.

Transaction processing systems include laptop hardware and software web hosting a transaction-oriented utility that performs the ordinary transactions important to conduct commercial enterprise.

Examples encompass systems that manager income order access, airline reservations, payroll, employee information, manufacturing, and shipping.

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As a project manager that is leading the agile adoption at an organization, it is important to find an executive sponsor to support the change because:

A project manager is the manager involved in a project management, which involves the planning, organization and cordination of a company's resources to move a specific task, event, or duty towards completion. This managers are also involve a one-time project, ongoing activity and resources managed including the personnel, finances, technology, intellectual property etc.

Furthermore, the project managers does everything from putting together groups of skilled workers to designing the structure and schedule of the project. They often have an undergraduate degree in management and some have a master's degree, internships, on-the-job training or experience in other areas of business management.

Therefore, the Option B & C is correct.

Missing options "a. It guarantees an increase in the project's budget. b. It increases your chances of successfully shifting organizational culture. c. It helps to create a sense of ownership for the change you are creating. d. It helps to answer your team’s questions about what’s working and what’s not working right now."

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