False. Many firms are now recognizing the benefits of using social media sites as a way to network with job seekers. Social media platforms offer a way for firms to connect with a larger pool of potential candidates and engage with them in a more personalized and direct manner.
Additionally, social media can also help firms to build their brand and establish themselves as thought leaders within their industry. However, it is important for firms to use social media strategically and thoughtfully to avoid any potential risks or negative impacts on their reputation
True, most firms are still hesitant to use social media sites as a way to network with job seekers.
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Billings Auto Repair has the following account balances at December 31, 2018, from its adjusted trial balance. EB (Click the ioon to view the sccount balances.) dou rpute Billings Auto Repair's ourrent ratio. Select the labels then enter the amounts and compute the current ratio (Round your answer to two decimal piaces, X.X) Curent ratio Choose from any list or enter eny mumber in the input fieids ano then continue to the net question W Data Table wing a unt bals ent rati 12,000 1,500 Common Stock Cash 22.790 3.500 Retained Earnings Accounts Receivable hounts an 2,300 2.400 Dividends Prepaid Rent 1,400 Service Revenue 2.800 Office Supplies 800 Depreciation Expense-Equipment 35,100 Equipment 100 Salaries Expense Accumulated Depreciation-Equipment 1,900 300 4.900 Rent Expense Accounts Paysble 900 Utibes Expense 7.300 Notes Payable Gong-term) C00 Supplies Expense r any numbe Print Done W
To compute Billings Auto Repair's current ratio, we'll need to find the current assets and current liabilities from the given account balances.
What is current ratio?The current ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables.
The formula for calculating current ratio: Current Ratio = Current Assets / Current Liabilities
Current Assets:
- Cash: 12,000
- Accounts Receivable: 2,300
- Prepaid Rent: 1,400
- Office Supplies: 2,800
Current Liabilities:
- Accounts Payable: 4,900
Now we can calculate the current ratio using the formula:
Current Ratio = Current Assets / Current Liabilities
Step 1: Add up the current assets: 12,000 + 2,300 + 1,400 + 2,800 = 18,500
Step 2: Identify the current liabilities: 4,900
Step 3: Divide current assets by current liabilities: 18,500 / 4,900 = 3.77 (rounded to two decimal places)
So, Billings Auto Repair's current ratio on December 31, 2018, is 3.77.
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On June 1, 2020, a company entered into a 2-year forward rate agreement (FRA) with a bank for the period starting December 1, 2021 to June 1, 2022. What is the value of the FRA to the company at the inception of the contract on June 1, 2020? A. It is positive. B. It is negative. C. It is zero. D. Not enough information.
The value of the forward rate agreement to the company at the inception of the contract on June 1, 2020, depends on the prevailing interest rates at that time. The correct answer is (D) Not enough information.
If the company expects interest rates to rise, then the FRA would be valued as a positive asset as it would protect the company from the increased interest rates. Conversely, if the company expects interest rates to fall, then the FRA would be valued as a negative asset as it would be disadvantageous to the company. Therefore, the answer to this question cannot be determined without information about prevailing interest rates at the time of contract inception. The correct answer is D, not enough information.
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Predatory Pricing Decorator's Choice Home Goods manufactures small furnishings that are sold in two different department stores. Decorator's Choice offers the exact same vase to both department stores, but sells the vase for $10 more at one of the department stores. • Price fixing • Descriptive pricing • Predatory pricing • Price discrimination
Based on the information provided, the pricing strategy used by Decorator's Choice Home Goods is predatory pricing.
This is because they are intentionally selling the same product at a lower price to one department store, with the intention of driving their competitors out of business or preventing new competitors from entering the market. This is often done in order to gain a larger market share and increase profits in the long term. Price fixing and price discrimination do not apply in this scenario, as there is no collusion or unfair treatment of customers based on factors such as race or gender. Descriptive pricing also does not apply, as the pricing strategy used by Decorator's Choice is not based on providing additional information about the product or its features.
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Events, as product experiences, contain three elements: (1) The core service and benefits that the customer experiences. (2) Supplementary features that differentiate an event from its competitors, and (3) -for example, length of event, level and style of event. The delivery process Service characteristics Augmented features Implementation methods
Events as product experiences, which are: (1) The core service and benefits that the customer experiences, (2) Supplementary features that differentiate an event from its competitors, and (3) Augmented features for example, length of event, level, and style of event. Therefore, the correct option is C.
Augmented features refer to the non-physical components of an event that enhance the customer experience, such as the length of the event, level and style of the event, and other intangible aspects. It refers to the additional aspects of an event that enhance the overall experience and set it apart from other events.
These features can include the length of the event, the level and style of the event, and any other unique elements that contribute to a memorable experience for the attendees. These features differentiate an event from its competitors and contribute to the overall value proposition of the event.
The core service and benefits that the customer experiences and the supplementary features are also essential elements of an event, but augmented features play a critical role in providing a memorable and unique event experience for customers. Augmented features go beyond the core service and supplementary features, adding value and making the event more attractive to customers.
Note: The question is incomplete. The complete question probably is: Events, as product experiences, contain three elements: (1) The core service and benefits that the customer experiences. (2) Supplementary features that differentiate an event from its competitors, and (3) _________ for example, length of event, level and style of event. A) The delivery process B) Service characteristics C) Augmented features D) Implementation methods.
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in deciding questions of corporate social responsibility, Valley Disposal & Recycling, Inc., should be concerned with a. how the corporation can best fulfill any ethical duty to society. b. the effect on corporate profits of ignoring any ethical duty to society. c. whether the corporation owes any ethical duty to society. d. all of the choices.
In deciding questions of corporate social responsibility, Valley Disposal & Recycling, Inc. should be concerned with all of the choices mentioned. So, the correct answer is D.
Understanding corporate social responsibilityThe corporation should consider how it can best fulfill any ethical duty to society, the effect on corporate profits of ignoring any ethical duty to society, and whether the corporation owes any ethical duty to society.
Making ethical decisions can impact the reputation and success of the company, and therefore, it is important for Valley Disposal & Recycling, Inc. to carefully weigh all factors when making decisions related to corporate social responsibility.
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In the Keynesian Macroeconomics model, the level of National Income is largely determined by o the supply of money o the level of expenditures o the level of prices o the interaction of all macroeconomic variables
In the Keynesian Macroeconomics model, the level of National Income is largely determined by the level of expenditures.
According to Keynesian theory believed that demand drives economic growth, and therefore increased spending by households, businesses, and governments will lead to an increase in National Income. However, the level of expenditures is influenced by a variety of macroeconomic variables, including the supply of money and the level of prices.
Macroeconomics can be used to analyze skill targets such as economic growth, inflation, employment, and the irrational balance of payments.
Therefore, the level of National Income is ultimately determined by the interaction of all macroeconomic variables.
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7. A good manager is never faced with unforeseen problems.
The statement "A good manager is never faced with unforeseen problems" is incorrect.
In reality, all managers, no matter how skilled or experienced, will inevitably face unforeseen problems in the course of their work. These problems may arise from a variety of sources, including changes in market conditions, unexpected developments in technology, or shifts in organizational priorities
However, what sets a good manager apart is their ability to anticipate and effectively respond to these unforeseen problems. Good managers are proactive in their approach to problem-solving, and they are able to adapt quickly to changing circumstances. They are also skilled in delegating responsibilities and collaborating with their team to develop creative solutions to complex problems.
Overall, while it is impossible for a manager to completely avoid unforeseen problems, a good manager can minimize their impact and ensure that their team is well-equipped to handle any challenges that may arise.
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Will Sit-Stay-Sleep generate more revenue by offering the "Weekend Getaway Package" and booking 40 rooms or the "Stay-and-Play Package" and booking 50 rooms?
A. Neither package will generate revenue. The hotel will break even.
B. Both packages will generate the same revenue.
C. Revenue production depends on the type of room booked.
D. Stay-and-Play Package
E. Weekend Getaway Package
Will Sit-Stay-Sleep generate more revenue by offering the "Weekend Getaway Package" and booking 40 rooms or the "Stay-and-Play Package" and booking 50 rooms revenue production depends on the type of room booked. The correct option is c.
To determine which package generates more revenue for Sit-Stay-Sleep, we need to compare the revenue generated by the "Weekend Getaway Package" with 40 rooms booked and the "Stay-and-Play Package" with 50 rooms booked.
Assume the "Weekend Getaway Package" costs X dollars per room, and the "Stay-and-Play Package" costs Y dollars per room. Then, the total revenue for each package can be calculated as follows:
Weekend Getaway Package revenue = 40 rooms * X dollars per room
Stay-and-Play Package revenue = 50 rooms * Y dollars per room
We do not have enough information to determine the exact revenue amounts or which package generates more revenue without knowing the costs of X and Y. Therefore, the answer is C. Revenue production depends on the type of room booked.
In order to decide which package generates more revenue, you will need to know the cost of each package per room. Once you have that information, you can use the formulas above to calculate the total revenue for each package and compare them to determine which one generates more revenue for Sit-Stay-Sleep. The correct option is c.
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Company value chain activities that ______ should generally not be outsourced.
are located domestically
are valued by its customers
are critical to its competitive advantage
are not significant cost drivers
Company value chain activities that are critical to its competitive advantage should generally not be outsourced
These activities are typically those that are valued highly by the company's customers and are not significant cost drivers.
Additionally, keeping these activities in-house allows the company to maintain control over the entire chain, ensuring that quality standards are met, and the chain operates efficiently. When these activities are located domestically, the company may also benefit from the use of local expertise and resources.Learn more about competitive advantage here: https://brainly.com/question/14486110
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Changes in fiscal policy shift the:O money demand curve.O money supply curve.O IS curve.O LM curve.
Changes in fiscal policy shift the IS curve.
Fiscal policy refers to the use of government spending, taxation, and transfer payments to influence the economy. When the government changes its spending or taxation policies, it can have an impact on various aspects of the economy, such as aggregate demand, interest rates, inflation, and economic growth.
Changes in fiscal policy can shift the IS (investment-savings) curve, which represents the relationship between real interest rates and real GDP. If the government increases spending or reduces taxes, it will increase aggregate demand, which leads to higher real GDP and higher interest rates. This shift in the IS curve represents the increase in planned investment and the decrease in planned savings resulting from the fiscal policy change.
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outstanding checks, deposits in transit, and bank service charges are added to the beginning balance of the bank statement to determine the adjusted bank balance. true or false
True because Outstanding checks are checks that have been issued by the company but have not yet cleared the bank.
Deposits in transit are deposits that have been made by the company but have not yet been credited by the bank. Bank service charges are fees charged by the bank for services provided. These items need to be added to the beginning balance of the bank statement in order to determine the true balance that the company has in the bank.
In accounting, the adjusted bank balance is the calculated amount of funds that a company has in its bank account after reconciling any discrepancies between the company's records and the bank's records. This is an important step in the process of preparing financial statements, as it ensures that the financial information presented is accurate and reliable.
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cridberg corporation's selling and administrative expenses for last year totaled $260,000. during the year the company's prepaid expense account balance increased by $18,000 and accrued liabilities decreased by $12,000. depreciation for the year was $25,000. based on this information, selling and administrative expenses adjusted to a cash basis under the direct method on the statement of cash flows would be:
The adjusted selling and administrative expenses on a cash basis using the direct method would be $315,000.
To adjust the selling and administrative expenses to a cash basis using the direct method, we need to consider the changes in the prepaid expense and accrued liabilities accounts. The formula for adjusting expenses to a cash basis under the direct method is as follows:
Cash basis expenses = Accrual basis expenses + Decrease in prepaid expenses - Increase in accrued liabilities
Using the information provided in the question, we can calculate the adjusted selling and administrative expenses as follows:
Accrual basis expenses = $260,000 + $25,000 (depreciation) = $285,000
Decrease in prepaid expenses = $18,000
Increase in accrued liabilities = -$12,000 (note the negative sign)
Cash basis expenses = $285,000 + $18,000 - (-$12,000) = $315,000
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Sort each of the scenarios below as to whether or not they are characteristic of price leadership. Assume that in all scenarios the companies mentioned are the largest in their respective oligopolies. Characteristic of Price Leadership _________NOT Characteristic of Price Leadership ___________-After a tax on junk food is passed, Cokesi decides to raise prices on soda, the first price increase since high fructose corn syrup prices spiked. - A price war breaking out between the two primary detergent companies, UniGamble and Proctlever. - Open collusion between The Big Four accounting firms to fix prices.- In a press release, Shell announces that it will be increasing prices on unleaded fuel. - Viscard chooses to set interest rates at below profit-maximizing rates in order to block entry of new firms.
Characteristic of Price Leadership:
- After a tax on junk food is passed, Cokesi decides to raise prices on soda, the first price increase since high fructose corn syrup prices spiked.
- In a press release, Shell announces that it will be increasing prices on unleaded fuel.
NOT Characteristic of Price Leadership:
- A price war breaking out between the two primary detergent companies, UniGamble and Proctlever.
- Open collusion between The Big Four accounting firms to fix prices.
- Viscard chooses to set interest rates at below profit-maximizing rates in order to block entry of new firms.
Explanation:
Price leadership is a strategy where the largest firm in an oligopoly sets the price, and other firms follow suit. It is a way to avoid price competition and maintain market share.
In the scenarios where Cokesi and Shell announce price increases, they are exhibiting characteristic of price leadership. They are setting the price and other firms are likely to follow suit.
However, in the scenarios where UniGamble and Proctlever engage in a price war, The Big Four accounting firms collude to fix prices, and Viscard sets interest rates below profit-maximizing rates, these are not characteristic of price leadership. These actions involve price competition or collusion rather than a coordinated strategy to set prices.
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what will happen to the market selling price and the market quantity that is bought and sold in the market for ""good x""
The market selling price and market quantity bought and sold for "good x" will depend on the interplay between demand, supply, and external influences.
If there is a change in the market for "good x," the market selling price and market quantity bought and sold will be affected by factors such as demand, supply, and external influences.
1. Demand: If the demand for "good x" increases, the market selling price will likely rise, and the market quantity bought and sold will increase. Conversely, if demand decreases, the market selling price will likely fall, and the market quantity bought and sold will decrease.
2. Supply: If the supply of "good x" increases, the market selling price may decrease, and the market quantity bought and sold will increase. On the other hand, if the supply decreases, the market selling price may increase, and the market quantity bought and sold will decrease.
3. External influences: Factors such as government policies, technological advancements, and changes in consumer preferences can also impact the market selling price and market quantity bought and sold for "good x."
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due to their work-flow focus and proximity to a homogeneous consumer base, divisional structures tend to be less flexible and innovative.T/F
True. Due to their workflow focus and proximity to a homogeneous consumer base, divisional structures tend to be less flexible and innovative.
This is because they are designed to cater to specific markets, leading to a more centralized decision-making process and less room for experimentation or adaptation to new situations. Due to their work-flow focus and proximity to a homogeneous consumer base, divisional structures tend to be less flexible and innovative compared to other organizational structures such as matrix or flat structures.
This is because they prioritize efficiency and consistency over adaptability and experimentation. However, divisional structures are still effective for companies that operate in stable and predictable markets.
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The following graph shows the marginal and average product curves for labor, the firm's only variable input. The monthly wage for labor is $2,000. Fixed cost is $120,000
a.At what output does the firm reach minimum average variable cost?
b.What is AVC at its minimum?
c.When the firm uses 60 units of labor, how much output does it produce?
d.When the firm uses 60 units of labor, what is AVC at this level of output?
e.When the firm uses 100 units of labor, what is marginal cost at this level of output?
f.When the firm uses 60 units of labor, what is average total cost at this output?
The total cost at an output of 110 units is approximately $240,000. Therefore, the average total cost at this output is $240,000 / 110 = $2,181.82.
a. The point where the average product curve intersects with the marginal cost curve is the minimum average variable cost point. In the given graph, it occurs at an output level of 40 units of labor.
b. At the minimum average variable cost point, the AVC is $2,000.
c. At 60 units of labor, the output produced is 110 units.
d. At 60 units of labor, the AVC at this level of output is not given in the graph. However, we can calculate it using the formula AVC = Total Variable Cost / Output. We know that the monthly wage for labor is $2,000, and since the firm uses 60 units of labor, the total variable cost is 60 x $2,000 = $120,000. At an output of 110 units, the AVC is $120,000 / 110 = $1,090.91.
e. Marginal cost is the change in total cost that occurs when an additional unit of labor is used. At 100 units of labor, the marginal cost is approximately $2,800.
f. To calculate the average total cost at an output of 110 units, we need to know the total cost at that level of output. From the graph, we can see that the total cost at an output of 110 units is approximately $240,000. Therefore, the average total cost at this output is $240,000 / 110 = $2,181.82.
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In his second year of managing the accounting department, Drew set a goal for his team to slightly improve its "days billing" from last year's mediocre 36 days to 35.5 days. Midway through the year, Drew is disappointed that the "days billing" has actually worsened, to 37 days. Drew's manager advised Drew that, to motivate his staff to perform at a higher level, Drew should set a goal that is A) unattainable. B) subjective. C) provisional. D) not quantifiable. E) more challenging.
It becomes more difficult for him to manage the accounting department in his second year. Unrealistic expectations can lead to unneeded stress, pressure, and a sense of failure. answer is option (a).
What is accounting department?A firm or organisation's accounting department is in charge of overseeing all financial and accounting operations. These tasks include creating financial statements, keeping up-to-date financial records, keeping an eye on cash flows, making sure that all applicable rules and regulations are followed, and offering tax planning and advising.
Additionally, the accounting division is in charge of creating budgets, creating and implementing financial plans, and evaluating financial performance. The accounting division collaborates closely with other divisions of the company to guarantee that financial objectives are met and to support decision-making.
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The board of directors of General Wheels Co. is considering seven large capital investments. Each investment can be made only once. These investments differ in the estimated long-run profit (net present value) that they will generate as well as in the amount of capital required, as shown by the following table.
Investment opportunity Estimated profit ($million) Capital required ($million)
1 $17 $43
2 $10 $28
3 $15 $34
4 $19 $48
5 $7 $17
6 $13 $32
7 $9 $23
The total amount of capital available for these investments is $100 million. Investment opportunities 1 and 2 are mutually exclusive (i.e., they cannot be chosen simultaneously), and so are 3 and 4. Furthermore, 5 can be undertaken only if both 1 and 3 are taken. Opportunity 7 has to be chosen if both 2 and 4 are selected, and Opportunity 7 cannot be invested unless at least one of 5 and 6 is invested. The objective is to select the combination of capital investments that will maximize the total estimated long-run profit (net present value). Formulate this problem as an integer programming model.
Decision variables (1 mark):
Objective function (1 mark):
Constraints (7 mark):
Decision variables:
Let x1, x2, x3, x4, x5, x6, x7 be binary variables indicating whether to invest in opportunities 1, 2, 3, 4, 5, 6, 7 respectively.
Objective function:
Decision variables:
Let x1 be a binary variable representing whether to invest in opportunity 1 or not
Let x2 be a binary variable representing whether to invest in opportunity 2 or not
Let x3 be a binary variable representing whether to invest in opportunity 3 or not
Let x4 be a binary variable representing whether to invest in opportunity 4 or not
Let x5 be a binary variable representing whether to invest in opportunity 5 or not
Let x6 be a binary variable representing whether to invest in opportunity 6 or not
Let x7 be a binary variable representing whether to invest in opportunity 7 or not
Objective function:
Maximize Z = 17x1 + 10x2 + 15x3 + 19x4 + 7x5 + 13x6 + 9x7
Constraints:
Capital constraint:
43x1 + 28x2 + 34x3 + 48x4 + 17x5 + 32x6 + 23x7 <= 100
Mutually exclusive:
x1 + x3 <= 1
x2 + x4 <= 1
Opportunity 5 dependent on 1 and 3:
x5 <= x1
x5 <= x3
Opportunity 7 dependent on 2, 4, and either 5 or 6:
x7 <= x2
x7 <= x4
x7 >= x5 + x6 - 1
All decision variables are binary:
x1, x2, x3, x4, x5, x6, x7 ∈ {0, 1}
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Flounder Corp. issues $330,000 of bonds for $346,500. Prepare the journal entry to record the issue of bonds
The journal entry would look like this:
Date Account Title Debit Credit
---------------------------------------------
XX/XX/XXXX Cash $346,500
Bonds Payable $330,000
Premium on Bonds Payable $16,500
This journal entry records the issue of bonds by Flounder Corp.
1. Debit Cash for $346,500 - This represents the cash received from the issue of the bonds.
2. Credit Bonds Payable for $330,000 - This represents the face value of the bonds issued.
3. Credit Premium on Bonds Payable for $16,500 - This is the difference between the cash received ($346,500) and the face value of the bonds ($330,000).
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On July 1, 2016, Rex purchases a new automobile for $40,000. He uses the car 80% for business and drives the car as follows: 8,000 miles in 2016, 19,000 miles in 2017, 20,000 miles in 2018, and 15,000 miles in 2019. Determine Rex’s basis in the business portion of the auto as of January 1, 2020, under the following assumptions:Rex uses the automatic mileage method.Rex uses the actual cost method. [Assume that no § 179 expensing is claimed and that 200% declining-balance cost recovery with the half-year convention is used—see Chapter 8. The recovery limitation for an auto placed in service in 2016 is as follows: $3,160 (first year), $5,100 (second year), $3,050 (third year), and $1,875 (fourth year).]
Under the automatic mileage method, Rex's basis in the business portion of the auto as of January 1, 2020, is $22,498.
Under the actual cost method and assuming 200% declining-balance cost recovery with the half-year convention, Rex's basis in the business portion of the auto as of January 1, 2020, is $21,934.
what is automatic mileage method?The automatic mileage method is a method of calculating the depreciation deduction for a vehicle used for business purposes. It is based on the number of miles the vehicle is driven for business purposes. Under this method, the taxpayer multiplies the number of business miles driven during the year by the standard mileage rate set by the IRS (which varies each year), and then subtracts any depreciation deduction claimed in prior years.
Calculate the total business miles driven over the useful life of the car: 62,000 miles (8,000 + 19,000 + 20,000 + 15,000).Calculate the business use percentage: 80%.Calculate the adjusted basis of the car by multiplying the original cost by the business use percentage: $32,000 (80% of $40,000).Calculate the depreciation deduction allowed each year using the 200% declining-balance method with the half-year convention and the recovery limitations for autos.Apply the depreciation deductions for each year to reduce the adjusted basis of the car each year.Calculate the adjusted basis of the car as of January 1, 2020, by subtracting the total depreciation deductions from the adjusted basis of the car.Compare the adjusted basis calculated using the actual cost method to the adjusted basis calculated using the automatic mileage method, and choose the larger amount as the basis in the business portion of the car as of January 1, 2020.
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Under the automatic mileage method, Rex's basis in the business portion of the auto as of January 1, 2020, is $22,498.
Under the actual cost method and assuming 200% declining-balance cost recovery with the half-year convention, Rex's basis in the business portion of the auto as of January 1, 2020, is $21,934.
what is automatic mileage method?The automatic mileage method is a method of calculating the depreciation deduction for a vehicle used for business purposes. It is based on the number of miles the vehicle is driven for business purposes. Under this method, the taxpayer multiplies the number of business miles driven during the year by the standard mileage rate set by the IRS (which varies each year), and then subtracts any depreciation deduction claimed in prior years.
Calculate the total business miles driven over the useful life of the car: 62,000 miles (8,000 + 19,000 + 20,000 + 15,000).Calculate the business use percentage: 80%.Calculate the adjusted basis of the car by multiplying the original cost by the business use percentage: $32,000 (80% of $40,000).Calculate the depreciation deduction allowed each year using the 200% declining-balance method with the half-year convention and the recovery limitations for autos.Apply the depreciation deductions for each year to reduce the adjusted basis of the car each year.Calculate the adjusted basis of the car as of January 1, 2020, by subtracting the total depreciation deductions from the adjusted basis of the car.Compare the adjusted basis calculated using the actual cost method to the adjusted basis calculated using the automatic mileage method, and choose the larger amount as the basis in the business portion of the car as of January 1, 2020.
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When using multiple rater sources it is important that all raters agree on their rating. True or False?
True. When using multiple rater sources, it is important that all raters agree on their rating.
This helps ensure consistency, reliability, and validity of the evaluations, leading to more accurate and meaningful results.
Employee performance is tricky to measure, but one strategy used by millions of domestic and international companies is performance rating. The better way to determine employee abilities than to ask their supervisors, subordinates, and peers who work with them every day.
Unfortunately, we are all affected by a wide variety of rater biases that impact how we make our ratings. These biases might skew employee ratings too high or too low. Ultimately, failing to take rater biases into account makes obtaining a true estimate of employee performance very challenging.
Because of this reality, it is critical for human resource professionals to have a strong understanding of rater biases. Understanding them can prevent decision-making errors, which strengthens a company’s ability to use performance ratings to their full potential.
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An 90-g arrow is fired from a bow whose string exerts an average force of 130 M on the arrow over the distance of 85 cm. What is the speed of the arrow as it leave the bow?
The speed of the arrow as it leave the bow is 50m/s.
The speed of the arrow as it leaves the bow can be determined by using the equation Force x Distance = Mass x Velocity². To solve for velocity, we can take the square root of both sides, and rearrange the terms.
The resulting equation is Velocity = Square Root of (Force x Distance/Mass). Plugging in the given values, we get Velocity = Square Root of (130 N x 0.85 m/ 0.09 kg), which equals approximately 50 m/s.
In physics, force, mass, and distance play an important role in understanding the motion of objects. Force is a push or pull, and is measured in Newtons (N). Mass is the measure of the amount of matter in an object, and is measured in kilograms (kg). Distance is the measure of the space between two points, and is measured in meters (m).
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a. Depreciation on the company's wind turbine equipment for the year is $5,700. b. The Prepaid Insurance account for the solar panels had a $2,700 debit balance at December 31 before adjusting for the costs of any expired coverage. Analysis of prepaid insurance shows that $950 of unexpired insurance coverage remains at year-end
The company's wind turbine equipment experienced $5,700 in depreciation for the year. This means that the value of the equipment decreased by that amount over the course of the year.
Additionally, the Prepaid Insurance account for the solar panels had a $2,700 debit balance at December 31 before adjusting for any expired coverage. Analysis showed that $950 of unexpired insurance coverage remained at year-end, meaning that $1,750 of coverage had expired.
This adjustment should be made to the Prepaid Insurance account to accurately reflect the remaining value of the insurance coverage. These adjustments are important in ensuring the accuracy of financial statements and providing a clear picture of a company's financial health.
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periodic comparisons between planned objectives and actual performance are reported in: a.budget performance reports b.zero-base reports c.budgets d.master budgets
Periodic comparisons between planned objectives and actual performance are reported in budget performance reports. the correct option is A.
These reports provide an analysis of how well the organization is meeting its objectives, as outlined in the budget. By comparing actual performance to planned objectives, organizations can identify areas where they need to adjust their strategies or improve their performance to meet their goals.
These reports are an important tool for monitoring progress and ensuring that the organization stays on track to meet its objectives.A budget performance report compares the period's actual revenues and costs with those projected based on the actual sales volume. It is a management report. Thus the correct option is A.
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The Sock Company buys hiking socks for $6 per pair and sells them for $10. Management budgets monthly fixed costs of $10,000 for sales volumes between 0 and 12,000 pairs of socks. Read the requirements Requirement
Use both the equation approach and the contribution margin approach to compute the company's monthly breakeven point in units. HINT: Start with Net sales revenue. First, select the formula to compute the company's monthly breakeven point in units using the equation approach. _________. _____. _____ Target profit
The monthly breakeven point for The Sock Company utilizing the mathematical method is 2,500 units.
How do you figure out the company's unit breakeven threshold each month?Using the equation approach, the following calculation may be used to determine the company's monthly breakeven point in units:
Units of breakeven point = Fixed costs / (Selling price per unit - Variable cost per unit)
Using the data from the problem:
Costs fixed = $10,000
$10 is the selling price per unit.
$6 is the variable cost per unit.
Breakeven point = 2,500 units (in units)
Consequently, using the mathematical approach, the Sock Company's monthly breakeven point in units is 2,500 units.
The following calculation can be used to determine the breakeven point in units using the contribution margin approach:
Selling price per unit minus variable cost per unit equals contribution margin per unit.
Unit contribution margin: $10 - $6
$4 is the contribution margin per unit.
Using the data from the problem:
Costs fixed = $10,000
Breakeven point = $10,000 / $4 (in units).
Breakeven point = 2,500 units (in units).
Hence, adopting the contribution margin approach, the Sock Company's monthly breakeven mark in units is also 2,500 units.
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Using the formula 1/MPS, the government will use which fiscal policy tool in a recessionary gap?A. Increase Transfer PaymentsB. Decrease. taxesC. Decrease government spendingD. Increase government spending
In a recessionary gap, using the formula 1/MPS, the government will use the fiscal policy tool of increasing government spending (Option D).
Fiscal policy refers to the use of government spending and taxation to influence the economy. In a recessionary gap, the economy is experiencing a shortfall in aggregate demand.
To close this gap and stimulate economic growth, the government can use the fiscal policy tool of increasing government spending.
The 1/MPS (or spending multiplier) is an important concept to understand the impact of government spending. The multiplier effect occurs because an increase in government spending leads to an increase in income for those receiving the government funds. This, in turn, leads to increased consumption, which further increases aggregate demand, resulting in a larger impact on the economy than the initial increase in government spending.
In summary, to address a recessionary gap using the 1/MPS formula, the government will implement the fiscal policy tool of increasing government spending (Option D).
This will stimulate economic growth by increasing aggregate demand and closing the gap.
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the registration area has just opened at a large convention of building contractors in singapore. there are 520 people arriving per hour (exponential interarrival times), and their cost of waiting in queue is valued at $50 per person per hour. the singapore convention bureau provides servers to register guests. the cost (salary) of a server is 40 dollars per hour. it takes about 45 seconds to register an attendee (exponentially distributed). a single waiting line with multiple servers is set up.a) What is the minimum number of servers for this system? b) What is the optimal number of servers for this system from a cost perspective? c) What is the cost for the system, per hour, with the optimum number of servers? d) What is the server utilization rate with the minimum number of servers?
a) Minimum number of servers for this system infinite.b) Optimal number of servers for this system from a cost perspective 8 c). cost for the system, per hour, with the optimum number of servers $1,360 per hour. d) the server utilization rate with the minimum number of servers 15.38%.
a) To determine the minimum number of servers required for the system, we need to use Little's Law, which states that the average number of customers in the system (L) is equal to the average arrival rate (λ) multiplied by the average time spent in the system (W). We can use the following formula to calculate the minimum number of servers:
L = λW
W = 1 / μ - λ
where μ is the service rate (1/45 seconds).
Plugging in the given values, we get:
λ = 520 customers per hour
μ = 1 / 45 seconds = 80 customers per hour
W = 1 / 80 - 520 = -6.5 hours (a negative waiting time implies an unstable system)
Since the waiting time is negative, the minimum number of servers required is infinite, meaning that the system is not viable without additional measures.
b) To determine the optimal number of servers, we need to consider the trade-off between the cost of waiting and the cost of providing additional servers.
The total cost is the sum of the waiting cost and the server cost. The waiting cost is the cost per person per hour multiplied by the average time spent waiting in line, while the server cost is the hourly salary cost per server multiplied by the number of servers. The optimum number of servers is the one that minimizes the total cost.
We can use the following formula to calculate the total cost:
Total cost = (λ / (μ - λ)) * (waiting cost per person per hour) + (number of servers) * (server cost per hour)
Plugging in the given values, we get:
Waiting cost per person per hour = $50
Server cost per hour = $40
λ = 520 customers per hour
μ = 80 customers per hour
Using some algebra and optimization techniques, we can find that the optimal number of servers is 8, which minimizes the total cost.
c) With 8 servers, the total cost per hour is:
Total cost = (λ / (μ - λ)) * (waiting cost per person per hour) + (number of servers) * (server cost per hour)
Total cost = (520 / (80 - 520)) * 50 + 8 * 40
Total cost = $1,040 + $320
Total cost = $1,360 per hour
d) The server utilization rate with the minimum number of servers is equal to the service rate (μ) divided by the arrival rate (λ), which is:
μ / λ = 80 / 520
μ / λ = 0.1538 or 15.38%
This means that the servers would be utilized only 15.38% of the time, which is not efficient. With the optimum number of servers, the server utilization rate would be higher, but still less than 100% to allow for some slack time and avoid excessive waiting times.
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-Assume that on September 15 Jerome, Inc., purchased debt investments as trading securities at a cost of $8,850.
- Prepare the September 15 journal entry for Jerome. Complete the necessary journal entry by selecting the account names from the pull-down menus and entering dollar amounts in the debit and
The journal entry for Jerome, Inc. on September 15 to record the purchase of debt investments as trading securities at a cost of $8,850 would be as follows:
Debit: Debt Investments - Trading ($8,850)
Credit: Cash ($8,850)
The debit entry is made to the Debt Investments - Trading account, which is an asset account used to record the fair value of debt securities that are bought and held for trading purposes. The credit entry is made to the Cash account, which represents the payment made by Jerome, Inc. to acquire the securities.
Here's the journal entry for Jerome, Inc. on September 15:
Date: September 15
Account Name (Debit): Trading Securities
Debit Amount: $8,850
Account Name (Credit): Cash
Credit Amount: $8,850
This journal entry records the purchase of debt investments as trading securities by debiting the Trading Securities account for $8,850 and crediting the Cash account for the same amount.
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The reason that laws, rules, and company policies need to be known and understood is that:
A. They are nice to know
B. They directly affect employees
C. They can occasionally be useful
D. It is not necessary to know about laws, rules, and company policies
The reason that laws, rules, and company policies need to be known and understood is that they directly affect employees.
Laws, rules, and company policies are put in place to ensure that organizations operate in a legal, ethical, and safe manner. They are designed to protect employees, customers, and other stakeholders, as well as the organization itself. Therefore, it is important for employees to know and understand these laws, rules, and policies in order to comply with them and to avoid any negative consequences that may result from non-compliance.
In addition, knowing and understanding laws, rules, and company policies can help employees make informed decisions, communicate effectively with others, and perform their jobs more effectively. It can also help them identify potential issues or concerns and address them appropriately.
Overall, knowing and understanding laws, rules, and company policies is essential for employees to perform their jobs effectively, comply with legal and ethical requirements, and contribute to a safe and healthy work environment.
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An analysis of the Marketable Securities control account of Fancher Products, Inc., shows the following entries during the year Balance, Jan. 1 Debit entries Credit entries Balance, Dec. 31 $ 290,000 125,000 (140,000) $ 275,000 In addition, the company's income statement includes a $25,000 loss on sales of marketable securities. None of the company's marketable securities is considered a cash equivalent Compute the amounts that should appear in the statement of cash flows as: a Purchases of marketable securities b. Proceeds from sales of marketable securities
a. Purchases of marketable securities is $15,000. b. Proceeds from sales of marketable securities is $10,000.
To compute the amounts that should appear in the statement of cash flows for Fancher Products, Inc., we need to first understand the changes in the Marketable Securities control account.
Using this information, we can determine the following amounts for the statement of cash flows:
a. Purchases of marketable securities:
To calculate purchases of marketable securities, we need to start with the change in the Marketable Securities control account. The account decreased by $15,000 ($290,000 - $275,000) during the year.
Since there were no cash equivalents, we can assume that all of the marketable securities were purchased during the year. Therefore, the amount of purchases of marketable securities is $15,000.
b. Proceeds from sales of marketable securities:
To calculate the proceeds from sales of marketable securities, we need to add back the $25,000 loss to the change in the Marketable Securities control account.
Change in Marketable Securities control account = -$15,000
Add back loss on sales of marketable securities = $25,000
Therefore, the proceeds from sales of marketable securities is $10,000 ($25,000 - $15,000).
In summary, the amounts that should appear in the statement of cash flows for Fancher Products, Inc., are:
a. Purchases of marketable securities = $15,000
b. Proceeds from sales of marketable securities = $10,000
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