By establishing personal and ongoing connections with people, mobile marketing has a special capacity to empower them. Connected users will interact with vendors more directly in this socially networked society.
Any form of advertising that uses mobile devices, such as tablets and smartphones, to advertise goods and services is known as mobile marketing. It uses characteristics of contemporary mobile technology, such as location services, to customize marketing campaigns according on a person's location. Technology may be applied to mobile marketing to offer tailored promotions of products or services to a user who is always connected to a network. Promotions provided by SMS text messaging, MMS multimedia messaging, downloaded applications utilizing push notifications, in-app or in-game marketing, mobile websites, or by using a mobile device to scan QR codes are all examples of mobile marketing.
learn more about mobile marketing here:
https://brainly.com/question/29571937
#SPJ4
in text mining, if an association between two concepts has 7% support, it means that 7% of the documents had both concepts represented in the same document. t/f
In text mining, if an association between two concepts has 7% support, it means that 7% of the documents had both concepts represented in the same document. This statement is true.
The process of converting unstructured text into a structured format with the purpose of identifying significant patterns and fresh insights is known as text mining, also known as text data mining.
Companies are able to investigate and find hidden links within their unstructured data by utilizing advanced analytical approaches like Naive Bayes, Support Vector Machines (SVM), and other deep learning algorithms.
Text mining is a method that consists of various steps that let you infer information from unstructured text data. The process of cleaning and converting text data into a usable format is called text preprocessing, and it must be done before you can use any of the various text mining techniques.
To know more about text mining:
https://brainly.com/question/25578967
#SPJ4
you are given: a european put option on a stock is priced with a two-period binomial tree. the risk-neutral probability of an down-move in the stock price remains constant throughout the tree. the put option tree is as follows:
Therefore, the Value of two-month European name alternative with a stock price or strike rate of $49 is $2.23.
How do you rate a put alternative in a binomial model?Calculating Price with the Binomial Model
The fundamental approach of calculating the binomial choice mannequin is to use the same chance each duration for success and failure until the alternative expires. However, a dealer can comprise one of a kind probabilities for each duration primarily based on new statistics received as time passes.
What is the danger impartial assumption in the binomial model?Under the threat neutrality assumption, ultra-modern fair rate of a spinoff is equal to the expected value of its future payoff discounted by means of the chance free rate.
Learn more about price a put option here:
https://brainly.com/question/17135327#SPJ4The price of Matador is $7.11. Jenna wants to short 1,054 shares of MTDR. The maintenance margin is 25%, the initial margin is 51%. The yearly securities lending fee (APR) is 10.56%. If the price of MTDR is $7.43 one year after she shorted the shares, what is the value of equity in the position?
According to the question the value of equity in the position is equals to $3,296.67
Why is equity essential? What is it?Equitable treatment, opportunity, and advancement are guaranteed by equity. The goal of equity is to identify and eliminate obstacles that hinder some groups from participating fully. Barriers might take a variety of shapes, but this research provides a clear illustration.
Briefing:
1 Initial Equity share x price x margin% = 1054 x 7.24 x 51% = 3891.79
2 Borrowing = Share x price - Equity = 1054 x 7.24-3891.79 = 3739.17
3 Interest = Borrowing x APR = 3739.17 x 10.56% = 394.86
4 Value of Equity = Initial Equity - increase in price x shares - interest
= 3891.79 (7.43-7.24) x 1054 - 394.86
= $3,296.67
To know more about equity visit:
https://brainly.com/question/14811584
#SPJ4
Which of the following is a true statement about the number of declared undergraduate computer science majors at doctoral-granting computer science departments? a. There was an increase in enrollment in spite of the forecast for a decreased number of workers in this field. b. There was a 50% decline in degrees awarded between 2004 and 2009. c. There has been a steady decline in enrollment for the past twelve years. d. The level of enrollment has remained about the same for the past ten years.
The true statement about the number of declared undergraduate computer science majors at doctoral-granting computer science departments is that there was a 50% decline in degrees awarded between 2004 and 2009. So option b. is the correct option.
Computer science has a connection to most areas of computer and information technology. The discipline now applies to most fields, including healthcare, business, sociology, and mathematics. Computer science is the study of computing systems to understand and use technology in various industries. Computer science professionals seek solutions to problems, create improvements to processes, and make forecasts for future developments. Students who complete master's degrees in computer science can pursue roles as computer and information research scientists.
Learn more about computer science here:
https://brainly.com/question/20837448
#SPJ4
Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $15 and $25, respectively. Because of the intense competition that Edington faces, management budgets sales semi-annually. Its projections for the first 2 quarters of 2014 are as follows:
Unit Sales
Product Quarter 1 Quarter 2
XQ-103 20,000 22,000
XQ-104 12,000 15,000
No changes in selling prices are anticipated.
Required:
Prepare a sales budget for the 2 quarters ending June 30, 2022.
Product Units Selling Price Total Sales
XQ-103:
Quarter 1 Quarter 2 6 Months XQ-104:
Quarter 1 Quarter 2 6 Months Total List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total.
The Sales budget for the 2 quarters ending June 30, 2022
Product Units Selling Price Total Sales
XQ-103:
Quarter 1 20,000 $15 $300,000
Quarter 2 22,000 $15 $330,000
6 Months 42,000 $15 $630,000
XQ-104:
Quarter 1 12,000 $25 $300,000
Quarter 2 15,000 $25 $375,000
6 Months 27,000 $25 $675,000
Total 69,000 $1,305,000
A sales budget is a financial plan for the estimated sales of a company for a specific period of time. It is typically used to plan for and track the progress of a business’s sales activities. The sales budget helps a company to identify potential areas of growth and areas where additional resources may be needed.
To know more about sales budget here
https://brainly.com/question/13237645
#SPJ4
savings and loan associations, mutual savings banks, and credit unions are known collectively and specifically as .
Savings and loan associations, mutual savings banks, and credit unions are known collectively and specifically as: Thrift institutions.
What is Thrift institutions?Thrift institutions can be defined as a financial institution which rendered banking services by accepting deposit, giving out loans, mortgages among others.
This type of financial institution enables their client to save their money and to as well borrow money in which the borrower is expected to pay back the financial institution within a stipulated period of time.
Therefore savings and loan associations are known as thrift institution.
Learn more about Thrift institutions here:https://brainly.com/question/13720842
#SPJ1
Sears offers discount coupons and lowers prices on 1,000 items in the store in order to generate sales. This is most likely to occur during an economic recession. True or False
True or False "Sears offers discount coupons and lowers prices on 1,000 items in the store in order to generate sales. This is most likely to occur during an economic recession." The statement is true.
What is economic recession?A recession can be defined as a prolonged period of low or negative real GDP (manufacturing) growth accompanied by a significant rise in unemployment. Many other economic indicators also weaken during recessions. A recession is a significant and widespread reduction in economic activity. A common definition is that his two consecutive quarters of contraction in Gross Domestic Product (GDP) constitute a recession. A recession generally results in lower economic output, lower consumer demand, and higher unemployment.
Learn more about economic recession: https://brainly.com/question/1417711
#SPJ4
The Rational Rule for Sellers is that sellers should choose the quantity _____ and choose the price _____.
1where marginal revenue equals marginal cost; with maximum marginal revenue
2that is associated with a minimum average total cost; with maximum marginal revenue
3that is associated with a minimum average total cost; that is on the seller's demand curve for the quantity
4where marginal revenue equals marginal cost; that is on the seller's demand curve for that quantity
On the seller's demand curve, marginal cost equals marginal revenue at that production level. A supply curve is a graphical representation of a supply schedule.
The connection between the cost of an item or service and the quantity demanded over a specific time period is represented graphically by the demand curve. The price and quantity requested are often represented with the price on the left vertical axis and the horizontal axis, respectively. The law of demand states that when the price of a particular good rises, the quantity required falls, all other things being equal. This is shown by the demand curve moving downward from the left to the right. The price is implied to be the independent variable in this formulation, and the quantity to be the dependent variable. Economics is an exception to the general norm that the independent variable appears on the horizontal or x-axis.
learn more about demand curve here:
https://brainly.com/question/13131242
#SPJ4
which of the following is not a key activity in the nist it risk management security control assessment process?
The National Institute for Standards and Technology (NIST) has produced numerous special publications (SP), and the NIST management framework represents the conclusion of those SPs (NIST).
Any business can utilize the NIST Risk Management Framework (RMF), a seven-step process, to manage the risk of information security and privacy for systems and organizations. It can be altered, repeated, and quantified. It is based on NIST standards and guidelines to make risk Identify, Protect, Detect, Respond, and Recover adoption possible. It is helpful to describe the framework's core as a collection of cybersecurity projects with a particular objective.To know more about Risk here
https://brainly.com/question/24129294
#SPJ4
In the execution phase of a project's life cycle, activities are guided by decisions that were made in the __________ phase.
A. initiating
B. planning
C. monitoring/controlling
D. closing
E. assessment
In the execution phase of a project's life cycle, activities are guided by decisions that were made in the option B. planning phase
How crucial is the planning process, and what does it entail?In order to ensure project success, all project procedures and activities must be planned during the planning phase. The PMP is a comprehensive collection of plans that will be used to manage the project from this phase through project completion.
Therefore, in this stage, you have to decide the steps to really accomplish the project goals during the planning phase—the "how" of project completion. You'll set up spending limits, deadlines, and checkpoints, as well as the sources and required paperwork.
Learn more about planning phase from
https://brainly.com/question/27989299
#SPJ1
the cumulative effect of a change in accounting principle should be recorded as an adjustment to retained earnings, when the change is: cash basis of accounting for vacation pay to the accrual basis. straight-line method of depreciation for previously recorded assets to the double-declining-balance method. longer useful life of equipment to shorter useful life. completed-contract method of accounting for long-term construction-type contracts to the percentage-of-completion method.
Completed-contract method of accounting for long-term construction-type contracts to the percentage-of-completion method.
Production is a well-known time period which means the artwork and technology to shape objects, systems, or businesses,[1] and springs from Latin constructio (from com- "together" and struere "to pile up") and old French production.[2] To construct is the verb: the act of constructing, and the noun is production: how some thing is constructed, the character of its shape. In its maximum widely used context, creation covers the procedures concerned in turning in homes, infrastructure, commercial centers and related activities thru to the give up in their lifestyles. how some thing is constructed, the character of its shape. In its maximum widely used context, creation covers the procedures concerned in turning in homes, infrastructure, commercial centers and related activities thru to the give up in their lifestyles.
Learn more about construction here
https://brainly.com/question/25795065
#SPJ4
Fill in the blank: ____are items you need to help get the project done. they are considered project resources. A) Status updates B) materials C) reports D) meetings
Materials are things you'll need to finish the job. They are regarded as resources for the project. The right response in this case is option B.
Project resources are crucial components for the successful completion of a project. They contain everything you would need from the project planning through the project delivery phases, including people, tools, cash, time, and knowledge.
The personnel, money, and/or materials needed for a project's effective execution and completion are referred to as project resources.
Projects are kept on schedule and under budget by making the most use of available resources. It decreases oversights and multiple bookings by assisting project managers in keeping an eye on the project. It is easier to see changes and glitches, which helps to stop issues from growing worse.
To learn more about project resources
https://brainly.com/question/18369950
#SPJ4
the total physical damage due to the september 11th attacks was about $16 billion. the economic damage is estimated to be $30 billion. we can thus estimate that the wealth of the u.s. dropped in the matter of a few hours by about $46 billion, causing group of answer choices deflation and the unemployment rate to fall deflation and the unemployment rate to rise inflation and the unemployment rate to rise inflation and the unemployment rate to fall
According to estimates, the September 11th attacks cost $30 billion in economic loss, which included a $46 billion decline in US economic worth.
The US economy saw a deflationary effect as a result, which decreased the unemployment rate. This is due to the fact that when the US economy has a significant decline in wealth, businesses often cut expenses by reducing the number of employees, which lowers the unemployment rate.
When prices usually fall, an economy experiences deflation, commonly referred to as negative inflation. This might be because there are more goods available than there is demand for, but it might also be because the value of money has increased.
Learn more about economy here brainly.com/question/951950
#SPJ4
Suppose a basket of goods and services has been selected to calculate the CPI and 2002 has been selected as the base year. In 2002, the basket's cost was $50; in 2004, the basket's cost was $52; and in 2006, the basket's cost was $54.60. The value of the CPI in 2004 was
a. 104.0.
b. 152.0.
c. 102.0.
d. 96.2.
Consumer price index can be calculated by dividing the prices in the current year by the base year.
Taking base year as 2002, the CPI for 2004 is 104.
The correct answer is option a. 104.0
Every month in the US, the Consumer Price Index (CPI) tracks changes in consumer prices. The Bureau of Labor Statistics (BLS) calculates the cost-of-living index (CPI) as a weighted average of prices for a sample of goods and services that is representative of overall consumer spending in the United States. One of the most popular indices of inflation and deflation is the CPI.
The CPI of the good is calculated by using the formula:
[tex]CPI = \frac{C_{t} }{C_{0} } *100[/tex]
Here [tex]C_{t}[/tex] is the cost of basket in the current period and,
[tex]C_{0}[/tex] is the cost of basket in the base period.
[tex]CPI=\frac{52}{50} * 100\\CPI=104[/tex]
Hence, CPI in 2004 is 104.0
To know more about CPI, refer to
https://brainly.com/question/16985069
#SPJ4
for an employee to be eligible to participate in an employer's group health insurance plan, he/she must be considered full-time and work a minimum of hours as established by the affordable care act. a 35
For the purposes of the employer shared responsibility requirements, a full-time employee is one who works 130 hours or more per month, or at least 30 hours per week, on average.
According to the monthly assessment approach, the employer assesses each month if an employee has at least 130 hours of service in order to determine whether they are a full-time worker.
According to the look-back measurement approach, an employer may decide whether a worker qualifies as a full-time employee during the stability period based on the worker's service hours in the previous period, also known as the measurement period. For the purposes of determining ALE status, the look-back measurement method may not be utilized to assess whether a person is a full-time employee.
Know more about full-time employee here:
https://brainly.com/question/11853330
#SPJ4
denver, incorporated, has sales of $19.1 million, total assets of $14.1 million, and total debt of $4.9 million. the profit margin is 9 percent.
The answer to the question is that Denver's net income is $1719,000 as according to given data.
What exactly do you mean by profit?Your profit is the sum of money after all business expenses have been covered. The three main categories of profit are operational profit, net profit, and gross profit. Gross profit is the highest profit. The balance after payment for the items and services that were sold is shown. Profit is calculated as revenue minus costs. From the gross profit, some expenses are subtracted. To arriving at net profit, you deduct all expenses.
Briefing -
We have to find net income-
Profit margin = Net income / Sales
Net income = Profit margin(Sales)
Net income = .09($191x00,000)
Net income = $1719000
To know more about profit visit :
https://brainly.com/question/15036999
#SPJ4
True Or False, relationship marketing tries to rebuild damaged relationships and rejuvenate unprofitable customers.
True, relationship marketing does attempt to rebuild damaged relationships and rejuvenate unprofitable customers.
What is relationship marketing?It is all those marketing tactics or actions whose purpose is to improve communication and relationship with customers in order to guide them during their buying process, this type of strategy also serves to start having an affective relationship with new customers.
Relationship marketing is fundamental because it serves to foster loyalty between employee and buyer during the life cycle. It is profitable for all companies to make use of Relationship Marketing in order to achieve an efficient treatment of people.
Learn more about marketing in: https://brainly.com/question/25754149
#SPJ4
using the model of supply and demand, consider the market for navel oranges. illustrate the impacts on the market for navel oranges if (i) the price of cuties (a type of mandarin oranges) falls while (ii) changes to the clean water act mean that citrus farmers have to adopt new expensive farming practices to avoid nutrient runoff harming the environment. explain the changes to the navel orange market, drawing conclusions about expected changes to the market price and quantity for navel oranges
The demand for navel oranges increases when the price of its substitute, cuties, increases.
1. Price of substitute increase
The demand curve shifts rightwards. The equilibrium price increases from P1 to P2 and the equilibrium quantity increases from Q1 to Q2.
2. Decrease in supply
When the farmers are forced to adopt expensive farming practices, supply of navel oranges decreases.
In economics, demand is the quantity of a very good that customers are willing and able to purchase at various costs all through a given time. the connection among fee and quantity demand is also referred to as the demand curve.
demand is the purchaser's preference to buy a selected proper or service. market call for is the call for for a particular precise inside the market. mixture call for is the overall demand for items and services in the financial system. demand and supply match determines the charge of the best or carrier. information the concept of call for.
Learn more about demand here: https://brainly.com/question/1245771
#SPJ4
Use the following information and the multi-period dividend discount model to find the value of Computech's common stock.
Last year's dividend was $1.62.
The dividend is expected to grow at 12% for three years.
The growth rate of dividends after three years is expected to stabilize at 4%.
The required return for Computech's common stock is 15%.
Which of the following statements about Computech's stock is least accurate?
A) At the end of two years, Computech's stock will sell for $20.64.
B) Computech's stock is currently worth $17.46.
C) The dividend at the end of year three is expected to be $2.27.
The false statement is Computech's stock is currently worth $17.46. (option B)
What is the false statement?The two-stage dividend model would be used to determine the value of the stock.
In the two-stage dividend growth model, the first stage is characterised by high growth rate. In the second stage, the high growth rate falls to a steady or normal growth rate.
dividend in Y1 = 1.62 x 1.12 = 1.81
dividend in Y2 = 1.81 x 1,12 = 2.03
dividend in Y3 = 2.03 x 1.12 = 2.27
Value of the dividend after year 3 = (2.27 x 1.04) / (0.15 - 0.04) = $21.46
Find the present value of these cash flows
1.81 / 1.15 + 2.03 / 1.15² + 2.28 / 1.15³ + 21.46 / 1.15³ = $18.71
To learn more about how to determine the value of a stock, please check: https://brainly.com/question/15710204
#SPJ1
ethan djuna is a territorial salesperson for lennox heating and air conditioning systems. every six months djuna's sales manager gives him feedback by showing djuna a comparison between his actual sales figures and his sales objectives. this feedback is called a appraisal. controlled compensation projected prospective performance
The feedback is called a performance appraisal.
An employee's job performance is analyzed and evaluated by their manager or supervisor during a performance appraisal. Normally, annual or semi-annual performance reviews are undertaken on a regular basis. Although they can take many different forms, they usually involve a review of the tasks, goals, and responsibilities of each employee as well as an evaluation of how well they are performing in relation to those goals.
The feedback that Ethan Djuna's sales manager is giving him by showing a comparison between his actual sales figures and his sales objectives is called a performance appraisal. Because they give employees the chance to get feedback on their performance and give employers the chance to pinpoint areas for improvement and encourage employee growth, performance evaluations may be helpful for both people and businesses.
Read more about the performance appraisal on:
https://brainly.com/question/27953070
#SPJ4
The internal research department of Libra Inc. has found that the packaging of health supplements produced by the company is faulty and resulting in poor quality. Despite this knowledge, the company has not improved the packaging and instead has advertised to its customers that this packaging is foolproof. Which of the following concepts is illustrated in this scenario?
a. Information manipulation
b. Information symmetry
c. Agency strategy
d. Anticompetitive behavior
e. On-the-job consumption
Option a. Information manipulation is the correct concepts is illustrated in this scenario.
Information manipulation: What does that mean?In order to influence public opinion or reduce confidence in the veracity of information, information manipulation is practiced. The use of new and old media to accentuate disparities and spark unrest at home is part of this, and it is occasionally coordinated with illegal online activity.
What do manipulation techniques entail?In order to evade accountability, hide their genuine motives, or to raise uncertainty and confusion, a person may manipulate others by engaging in destructive and controlling actions. The psychological health of an individual can be severely harmed by manipulation techniques such gaslighting, lying, accusing, condemning, and humiliating.
To know more about information manipulation visit:
https://brainly.com/question/18298234
#SPJ4
1. List the five principles of the Lean Startup (method). Define/explain, in your own words, three (of the five) key principles of the Lean method.
2. What is a minimum viable product (MVP), and provide an example.
3. What is a pivot, and provide an example of such from a publicly-traded company, within the past year.
4. Which type of risk is most common in startups: Product Risk, Customer Risk, or Business Model Risk? Pick one and, in a few sentences, explain why.
5. On the second day of class, we briefly reviewed the Customer Development Model (CDM), by Steve Blank (Hint: Slide deck is still on canvas).
6. In a sentence or two, please explain how the CDM fits into the Lean Startup Method. What (definition) is a Startup, and Why (purpose) do they exist? I am looking for responses based on reading the Lean Startup, looking at the Customer Development Model, doing a Business Model Canvas, and listening to guest lectures on product/market fit.
The five principles of the Lean Startup (method) are:
Entrepreneurs are everywhere.Entrepreneurship is management.Validated learning.Innovation Accounting.Build-Measure-Learn.What are the factors about?1. There are businesspeople everywhere- Startups and entrepreneurs come in a variety of forms. There are numerous options for entrepreneurs to create a prosperous firm.
2. Management is entrepreneurship- Just like any other business, startups require management. But there is a particular kind of lean startup. A successful lean startup has management that is adaptable and learning-focused.
3. Verified education -Customers are the main focus of lean startups' products. By figuring out exactly what the target market wants, they can adjust to its needs. They experiment to see what is most effective.
4. Innovation Accounting- Lean startups meticulously document their testing and analyses to determine what is most effective. Instead of focusing on the volume of new work produced, they measure progress based on how much was learnt about the innovation.
5. Build-Measure-Learn- The Minimum Viable Product (MVP), developed by lean startups, is the simplest product that does what it should (MVP). This is put through a thorough review process that includes tests and user feedback to gather information on how well-suited users react to the product. If it succeeds, they use an iterative approach to improve it based on the feedback.
Learn more about Lean Startup from
https://brainly.com/question/27007031
#SPJ1
True or False: Competitive research for owned, paid, and earned media uses different metrics and dimensions than non-competitive owned, paid, and earned media analytics.
It is false to claim that competitive research for owned, paid and purchased media uses different metrics and dimensions than analysis of non-competitive, paid and purchased media.
What is competitive research for the average?Corresponds to analysis of the competitor market, this is conducting research to assess the strengths and weaknesses of the company and threats and opportunities of competing companies.
Therefore, competitive media research uses similar metrics and dimensions as non-competitive media analysis, that is, metrics that help you understand the company and the market more comprehensively and effectively.
Find out more about competitive media on:
https://brainly.com/question/5690196
#SPJ1
If interest rates in the U.S. increase significantly over a short period of time, we should expect to see:
A. consumption spending to increase and investment spending to decrease.
B. consumption spending to decrease and investment spending to increase.
B. consumption spending and investment spending to decrease.
D. consumption spending and investment spending to increase.
If Interest rates in the U.S. increase significantly over a short period of time, we should expect to see consumption spending and investment spending decrease. It's option C.
Interest rate means the cost a client pays to a lender for adopting finances over a period of time expressed as a change rate of the loan quantum. Companies would suddenly and suddenly be hit with advanced borrowing costs.
This would negatively have an impact on earnings, increase their cost of capital, and dampen investment. Also, investors would see their net worth plunge if they are invested in bonds.
Lower interest rates increase business investment by making it cheaper and easier for businesses to adopt plutocrats in order to finance new systems. They have much the same effect on consumers, who might act on a major new purchase or buy a home because low backing rates make it attainable.
To know more about Interest rates,
brainly.com/question/29051555
#SPJ4
2. Hanna and Metta are identical twins who attended elementary school through high school together. Hanna got a job after high school, and Metta got a job after graduating from college. Hanna earns $36,000 a year, and Metta earns $69,000 a year. Select the best explanation for this wage difference. A Hanna has less human capital than Metta. Metta has less human capital than Hanna B C. Hanna has received a compensating differential D Hanna is a member of a union I
The reason for the wage difference is Hanna has less human capital than Metta. (option A).
What is the reason for wage difference?Wage is the total amount of money that is paid to labor for the services rendered in the production process.
The wage paid to labor differs for different reasons. One of the reasons for a difference in wage is human capital. The more educated or more trained a person is, the higher the human capital is. The higher the human capital, the higher the wage that is paid.
Another reason for wage differences is union. The presence of a union in the labor market increases the bargaining ability of labor. Thus, if a worker belongs to a union, it is expected that her wages would be higher when compared with the wage of a person that does not belong to a union.
To learn more about wage differential, please check: https://brainly.com/question/14103407
#SPJ1
Prince Corporation holds 75 percent of the common stock of Sword Distributors Inc., purchased on December 31, 20X1, for $2,160,000. At the date of acquisition, Sword reported common stock with a par value of $900,000, additional paid-in capital of $1,250,000, and retained earnings of $530,000. The fair value of the noncontrolling interest at acquisition was $720,000. The differential at acquisition was attributable to the following items:
Inventory (sold in 20X2) $ 50,000 Land 70,000 Goodwill 80,000 Total Differential $ 200,000 During 20X2, Prince sold a plot of land that it had purchased several years before to Sword at a gain of $28,000; Sword continues to hold the land. In 20X6, Prince and Sword entered into a five-year contract under which Prince provides management consulting services to Sword on a continuing basis; Sword pays Prince a fixed fee of $92,000 per year for these services. At December 31, 20X8, Sword owed Prince $23,000 as the final 20X8 quarterly payment under the contract.
On January 2, 20X8, Prince paid $280,000 to Sword to purchase equipment that Sword was then carrying at $320,000. Sword had purchased that equipment on December 27, 20X2, for $480,000. The equipment is expected to have a total 15-year life and no salvage value. The amount of the differential assigned to goodwill has not been impaired.
At December 31, 20X8, trial balances for Prince and Sword appeared as follows:
Prince Corporation Sword Distributors Inc.
Item Debit Credit Debit Credit
Cash $ 52,700 $ 40,000 Current Receivables 102,800 90,400 Inventory 298,000 220,900 Investment in Sword Distributors 2,812,250 Land 406,000 1,211,000 Buildings & Equipment 2,570,000 3,080,000 Cost of Goods Sold 2,193,000 510,000 Depreciation & Amortization 184,000 83,000 Other Expenses 1,363,000 213,000 Dividends Declared 48,000 18,000 Accumulated Depreciation $ 1,098,000 $ 410,000 Current Payables 93,200 441,300 Bonds Payable 879,000 190,000 Common Stock 91,000 900,000 Additional Paid-in Capital 1,270,000 1,250,000 Retained Earnings, January 1 1,474,800 1,300,000 Sales 4,877,000 1,002,000 Other Income or Loss 93,000 27,000 Income from Sword Distributors 153,750 Total $ 10,029,750 $ 10,029,750 $ 5,493,300 $ 5,493,300 As of December 31, 20X8, Sword had declared but not yet paid its fourth-quarter dividend of $5,000. Both companies use straight-line depreciation and amortization. Prince uses the fully adjusted equity method to account for its investment in Sword.
Required:
a. Compute the amount of the differential as of January 1, 20X8.
b. Verify the balance in Prince’s Investment in Sword Distributors account as of December 31, 20X8.
c. Present all consolidation entries that would appear in a three-part consolidation worksheet as of December 31, 20X8. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to nearest whole dollar amount.)
Straight line basis is a method of calculating depreciation and amortization, the method of expensing an asset over a longer length of time than when it was once purchased.
It is calculated by dividing the distinction between an asset's cost and its anticipated salvage fee by way of the quantity of years it is expected to be used.
How do you amortize the use of the straight line method?The straight line amortization equation to calculate straight line amortization is pretty simple. You subtract the anticipated salvage fee of the intangible asset from its book value, and then you divide that the ensuing amount via the variety of intervals that the asset will be active.
Amortization is the technique that is used to decrease the fee of the asset over time, whilst depreciation is the loss in fee of the asset over time. This perception helps in better appreciation the financial implications of the purchase and saving time, effort, and money.
Learn more about straight line method here:
https://brainly.com/question/19091134#SPJ4prepare the (1) may 2 entry to establish the fund, (2) may 30 entry to reimburse the fund [hint: credit cash over and short for $5 and credit cash for $1,138], and (3) june 1 entry to increase the fund to $2,280.
(1) This entry is to establish the fund with a cash balance of $1,133. The cash balance is offset by an over and short of $5. This entry debits cash for the total amount of $1,138 and credits the fund balance for the net amount of $1,133.
May 2 Entry to Establish the Fund
Cash over and short 5
Cash 1,138
Fund Balance 1,133
(2) This entry is to reimburse the fund. It credits cash for the amount of $1,138 and debits the fund balance for the same amount. The over and short of $5 is also reversed. This entry returns the fund balance to its original amount of $1,133.
May 30 Entry to Reimburse the Fund
Cash over and short -5
Cash 1,138
Fund Balance 1,133
(3) This entry is to increase the fund balance to $2,280. It debits cash for the amount of $1,147 and credits the fund balance for the same amount. This entry increases the fund balance from the prior balance of $1,133 to the new balance of $2,280.
June 1 Entry to Increase the Fund to $2,280
Cash 1,147
Fund Balance 2,280
To know more about fund balance click here
https://brainly.com/question/13488866
#SPJ4
kainen company reported the following information at the end of the year: common stock ($1 par value; 570,000 shares outstanding) $ 570,000 preferred stock, 6% ($10 par value; 28,000 shares outstanding) 280,000 retained earnings 935,000 the board of directors is considering the distribution of a cash dividend to the two groups of stockholders. no dividends were declared during the previous two years. assume the three cases below are independent of each other.
Kainen company needs to budget $570,000 for the common stock of the new building and $28,000 for the cost of the land, as the board of directors is considering the distribution of a cash dividend.
Given,
Common stock = $570,000
Preferred stock = 6%
Retained earnings = $935,000
An investment is said to represent ownership in a portion of the issuing corporation and so it is referred to as a common stock, which is also known as equity. Shares are commonly referred to as units of stock.
So, here in order to cover the cost of the new structure and also its property, the Kainen company must set aside $570,000 and $28,000, respectively. Thus, cash dividend is considered.
Hence, people tend to own shares of common stock.
To learn more about the common stock here:
https://brainly.com/question/13762106
#SPJ4
check all that apply: according to the dietary guidelines, a healthy eating pattern includes promoting the consumption of
According to the dietary guidelines, a healthy eating pattern includes promoting the consumption of:
-Vegetables
- Fruits
- Healthful oils
- Whole-grains
- Lean protein sources
What is dietary guidelines?Food-based dietary guidelines can be described as the intended to establish a basis for public food and nutrition, health and agricultural policies as well as the nutrition education programmes to foster healthy eating habits and lifestyles.
It should noted that Following a healthy eating pattern across the life span as well as the Focus on variety, nutrient density, and amount as well Limit calories from added sugars and saturated fats, and reduce sodium intake and Shift to healthier food and beverage choices will help to follow the guidelines.
It should be notede that the Dietary Guidelines for Americans can be bseen as an advice on what to eat and drink to build a healthy diet can be described as to promote healthy growth and development, help prevent diet-related chronic disease, and meet nutrient needs.
Learn more about dietary guidelines at:
https://brainly.com/question/959682
#SPJ1
missing options:
Vegetables
- Fruits
- Healthful oils
- Whole-grains
-fat and junks
- Lean protein sources
I would like to know how to solve this problem using Excel.
i think the best way is watching Videos about it