On a statement of cash flows for a provider of tutoring services, the cash flows from financing activities would include the money borrowed to purchase the furniture in the tutorial area and the interest owed on that debt.
The net movement of cash and cash equivalents into and out of an organization is referred to as cash flow. Outflows are represented by the money spent, while inflows are represented by the money received.
In order to fulfill your current financial responsibilities and make plans for the future, you need to have a positive cash flow. But for small firms, cash flow is a regular problem. Contrarily, cash flow statements offer a clearer account of the cash on hand. In other words, a business may look lucrative "on paper," but it may not have the cash on hand to restock its inventory or cover other pressing costs, like rent and utilities.
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Ivers, Inc. purchased 100 shares of its own $10 par value common stock for $20 per share. The journal entry to record this transaction would include which of the following entries?
Please show your work
Debit to Cash; credit to Treasury Stock.
Debit to Treasury Stock; credit to Common Stock.
Debit to Common Stock; credit to Treasury Stock.
Debit to Treasury Stock; credit to Cash.
Ivers, Inc. purchased 100 shares of its own $10 par value common stock for $20 per share. The journal entry to record this transaction would include Debit to Treasury Stock; credit to Cash.
Treasury stock, also known as treasury stock or repurchased stock, refers to previously issued shares that the issuing company has repurchased from its shareholders. As a result, the total number of shares outstanding on the open market is reduced.
A company has surplus funds and cannot find attractive investment destinations. As a result, we have decided to purchase 10,000 of his 300,000 common shares held by shareholders. The market value of 10,000 shares is $40 per share.
Advantages of a company owning treasury stock include limiting external ownership and stockpiling shares to be issued to the public in the future should it need to raise capital.
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which of the following are included as part of the four overview areas for artificial intelligence? (check all that apply)
The following are included as part of the four overview areas for artificial intelligence:
Natural language processingNatural language understandingKnowledge representationKnowledge planningArtificial intelligence (AI) refers to a computer or a robot controlled by a computer's capacity to carry out tasks that are typically performed by humans since they call for human intelligence and judgment. Although no AI can accomplish the entire range of tasks that a typical person can, some AIs can compete with humans in certain areas.
The amount of data produced today, by both humans and machines, considerably exceeds the capacity of humans to comprehend, understand, and base complex decisions on that data.
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Lower nominal interest rates the amount of money demanded and a lower price level the amount of money demanded.
Because interest rates are low, households don't sacrifice much income in pursuit of income. If interest rates rise, the amount demanded will decrease.
What are low interest rates and their benefits?High interest rates make it expensive to borrow money. Before agreeing to a loan, it's important to make sure you fully understand how the interest rate affects the total amount you owe.
Lower interest rates could allow consumers to spend more money, creating a domino effect of more spending across the economy. Businesses and farmers also benefit from low interest rates, as low borrowing costs encourage large-scale equipment purchases.
What to do in times of low interest rates?Refinance your home loan. Buy a house. Choose a fixed rate mortgage. Buy your second home now. Refinance student loans. Refinance car loan. Consolidate your debt. Pay off or move high interest credit card balances.
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Which of the following would NOT be considered in a fundamental analysis of a company?
The total profit last year
A competitive analysis of the company against its competition
What other analysts on Wall Street are saying about this company
Recent movements up and down of the stock's price
option D- Recent movements up and down of the stock's price is NOT be considered in a fundamental analysis of a company.
excludes from a company's fundamental examination. Recent ups and downs are based on the technical analysis of the stock and have little to no impact on the company's fundamentals. To ascertain a company's underlying value and potential for future growth, fundamental analysis examines its revenues, profits, projected growth, return on equity, profit margins, and other financial information. A technique used to estimate the value of a stock or security is fundamental analysis. Analysis of a company's management, business strategy, financial ratios, financial reports, and other data are all part of this process. The term "fundamentals" can also be used to describe macroeconomic statistics, market movements, and economic situations.
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suppose that the tempeh industry is initially operating in long-run equilibrium at a price level of $5 per pound of tempeh and quantity of 175 million pounds per year. suppose a leading foodie video blogger raises awareness for a scholarly article that links tempeh consumption to premature hair loss and unhealthy skin.
The tempeh industry will transition from its current long-run equilibrium, where 175 million pounds of tempeh are produced annually at a cost of $5 per pound, to a new long-run equilibrium.
The popularity of tempeh is anticipated to decline as a result of the foodie video blogger's efforts to spread knowledge of a scientific study that connects tempeh consumption to early hair loss and poor skin. This decline in demand will result in a fall in both the price of tempeh and the amount that is sought after. As a result, the tempeh industry will shift from its long-run equilibrium—where it was producing 175 million pounds of tempeh annually for $5 per pound—to a new long-run equilibrium—where those numbers are lower.
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a common way to assess the effectiveness of all promotion expenditures during the past year is to calculate multiple choice an advertising-to-sales promotion ratio. a promotion-to-expenses ratio. a break-even point. roi. a promotion-to-sales ratio.
In order to evaluate the results of promotional expenditures, we need to consider the advertising-to-sales promotion ratio.
What is advertising-to-sales promotion ratio?
By dividing overall advertising costs by sales revenue, the Advertising to Sales is determined. The advertising-to-sales ratio is intended to demonstrate if and to what extent a company's investment in an advertising campaign contributed to new sales. Results from one industry to another can be very different. Therefore, it is important to compare the figure to others in the same sector or business while computing it. A high advertising-to-sales ratio suggests that marketing costs were excessive in comparison to the amount of sales revenue realized; this could imply that the campaign was unsuccessful. A low ratio means that, in relation to the cost of advertising, the advertising campaign produced significant sales. As always, a number of variables could have an impact on a given sale's performance.
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the change in the economic welfare of a country associated with an increase in a tariff equals group of answer choices
The change in the economic welfare of a country associated with an increase in a tariff equals: efficiency loss - terms of trade gain.
The terms of trade (TOT) describes the relationship between a country's export and import prices. The TOT index is defined as a country's total exports minus its total imports. This ratio is calculated by dividing the export price by the import price and multiplying by 100.
TOT is used as an indicator of a country's economic health, but it can lead analysts to mislead. Changes in import and export prices affect TOT, so it is important to understand what caused prices to rise or fall. TOT measurements are often indexed for economic monitoring.
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broker a secured a signed exclusive right to sell listing agreement with the seller. during the time broker a was acting as an agent for the seller, the seller revealed that he and his wife were getting a divorce and would like to set different times to sign all of the documents at the title company. a buyer purchased the property and successfully closed on the property six weeks later. which of the following fiduciary duties survive the closing?
The fiduciary duties, including the duty of confidentiality, continue after the close.
What exactly does "fiduciary obligation" entail?Someone must conduct in a manner that is profitable for them when they owe another individual a fiduciary commitment. The primary or beneficiary of a fiduciary duty is the party to whom it is owed, and the fiduciary is the party to whom it is owed.
Does keeping things private fall under the fiduciary duty?The duty to exert care, maintain confidentiality, commitment, obedience, and accounting are examples of fiduciary obligations. Association leaders are required to prevent, disclose, and overcome any conflicts of interests before voting or participating in any other conversations affecting an association topic.
A fiduciary is obligated to uphold the principal's confidence and maintain their connection as confidential. Despite not being mentioned explicitly, it is assumed that a fiduciary can be relied upon and trusted because of the fiduciary's obligation to maintain secrecy.
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Focus on gaps between the desired financial outcomes and those actually produced by the firm occurs as part of a) financial analysis b) strategic controls c) accounting controls d) financial controls e) profit techniques
Financial controls place emphasis on discrepancies between planned economic results and those that the company actually produces.
Which types of financial restrictions are there?The balance sheet, income statement (sometimes known as a loss and profit statement), and cash flow statement are the three most crucial financial controls. Each offers the manager a unique viewpoint and insights into how effectively the company is achieving its objectives.
What is a framework for financial control?Internal controls are practices and processes put in place to maximize corporate value and reduce risk. A control framework is an information structure that arranges and categorizes these practices and procedures.
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The following selected transactions were completed by Interlocking Devices Co., a supplier of zippers for clothing:
2017 Dec. 7 Received from Unitarian Clothing & Bags Co., on account, a $34,500, 60-day, 12% note dated December 7.
31 Recorded an adjusting entry for accrued interest on the note of December 7.
31 Recorded the closing entry for interest revenue.
2018 Feb. 5 Received payment of note and interest from Unitarian Clothing & Bags Co.
Journalize the entries to record the transactions. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account titles. Assume a 360-day year.
The journal entries for the given transactions are given below.
Date Particulars Debit Credit
Dec. 7 Notes receivable Dr 90,000
Accounts receivable-Unitarian Clothing and Bags Co. Cr 90,000
Dec. 31 Interest receivable Dr 600
Interest revenue Cr 600
Dec. 31 Interest revenue Dr 600
Retained earnings Cr 600
Feb. 5 Cash Dr 91,500
Notes receivable Cr 90000
Interest receivable Cr 600
Interest revenue Cr 900
Calculations for Interest receivable and interest revenue has to be done.
Interest receivable is 10% and dated December 7, the interest of 24 days has to be calculated.
Interest receivable= 90,000*10%*24/360
Interest receivable=$600
Interest revenue=90,000*10%*36/360
Interest revenue=9000*36/360
Interest revenue=$900
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general hospital is performing peer reviews of its medical providers for quality outcomes of care. the hospital has over 500 providers on its medical staff. the process to review even 10 cases for each provider is quite extensive. the quality department has concluded that, to accomplish this review process, it will review 20 percent of each provider's inpatient admissions to the hospital on an every-other-year rotation. in this situation, the quality department has applied which of the following techniques to its review process?
The quality department has concluded that, to accomplish this review process, In this situation, the quality department has applied, the sampling techniques to its review process.
The sampling technique is the process of identification of the specific process by which the entities of the sample have been selected. It is also defined by the selecting group that actually collect data in your research.
Through the sampling technique is easier to identify the performing peer reviews of its medical providers for quality outcomes of care.
The hospital has over 500 providers on its medical staff. The process to review even 10 cases for each provider is quite extensive.
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If a lump-sum income tax of $50 billion is levied and the MPS is 0.4, the consumption schedule will shift Multiple Choice downward by $30 billion. upward by $30 billion. downward by $50 billion. downward by $20 billion.
The consumption schedule will change lower by $30 billion if a lump-sum income tax of $50 billion is imposed and the MPS is 0.4.
A person's marginal propensity to consume (MPC) is the portion of any change in their disposable income that they would actually use to buy things. The amount of income that is not spent is saved, and his marginal propensity to save is measured as a percentage change in that amount of income (MPS).
MPS + MPC = 1
Here, MPS = 0.4
And hence, MPC = 1 - MPS = 1 - 0.4 = 0.6
According to the query, if an income tax is implemented, the disposable income will decrease due to the multiplier effect and the individual will be able to consume less.
The consumption would fall by $30 billion ($50 billion * MPC) or $600 million ($50 billion * 0.6).
As a result, the consumption plan will be $30 billion lower.
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1......Warrants exercisable at $25 each to obtain 30,000 shares of common stock were outstanding during a period when the average market price of the common stock was $20. Application of the treasury stock method for the assumed exercise of these warrants in computing diluted earnings per share will increase the weighted average number of outstanding shares by:
Select one:
a. 30,000 b. 24,000 c. 6,000 d. 7,500 e. 0
Application of treasury method is used for exercising the warrants.
Outstanding Common shares = Number of shares / Market price * Exercisable price
= 30,000 shares / $25 * $20
= 24,000 shares
After the warrants have been exercise, the increase in weighted average number of common shares is as follows:
Increase in weighted average number of shares = 30,000 shares - 24,000 shares
= 6,000 shares
Thus, the increase in weighted average number of common shares is by 6,000 shares.
How do you figure out diluted EPS when you have a warrant?Net income less preferred dividends, divided by the total number of diluted shares outstanding, is the formula for calculating diluted earnings per share (EPS) (basic shares outstanding plus the exercise of in-the-money options, warrants, and other dilutive securities).
How is the weighted average share count determined?The number of outstanding shares is multiplied by the proportion of the reporting period to which that number pertains for each period to arrive at the weighted average number of shares.
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if the price level recently increased by 20% in england while falling by 5% in the united states, by how much must the exchange rate change if ppp holds? assume that the current exchange rate is 0.55 pound per dollar. mishkin, frederic s. economics of money, banking and financial markets, the (what's new in economics) (p. 426). pearson education. kindle edition.
If ppp holds and prices recently rose 20% in England while declining 5% in the United States, the exchange rate would change to £.0.6875 per USD.
Purchasing power parities are referred to as PPP. In reality, it refers to the rate of currency conversion.
According to the facts provided, prices recently rose by 20% in England while declining by 5% in the United States; therefore, the net rise in the value of the U.S. dollar would be (20+5)=25%.
This can be interpreted as meaning that the same amount of American goods will now cost 20% more pounds.
The new exchange rate would be as follows:
1.25 * £1 = £.0.6875 per USD
If ppp holds and prices recently rose 20% in England while declining 5% in the United States, the exchange rate would change to £.0.6875 per USD.
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on july 1, 2019, the city of corfu received a gift of debt securities of xyz company with a nominal (par) value of $1,500,000. income is to be used to make awards for civic achievements. as of the date of the gift, the securities had a market value of $1,563,000. included in this amount is accrued interest of $18,750. the bonds carried an annual interest rate of 5%, payable semiannually on april 1 and october 1. during the fiscal year ended june 30, 2020, the following transactions took place:
The bonds carried an annual interest rate of 5%, payable semiannually on april 1 and october 1. during the fiscal year ended june 30, 2020, the following transactions took place: $1,714,475
Statement of Changes in Fiduciary Net Assets
Particulars Amount Amount
Contributions: Trading XYZ bonds $1,563,000
Interest Income: $75,000
Sale of XYZ bonds -$1,563,000
Net Investment Earnings: $75,000
Contributions: Trading ABC bonds $1,558,000
Interest Income: $19,475
Contributions: Awards $60,000
Unrealized Gain on Trading ABC bond.$2,000
Net Investment Earnings: $1,639,475
Net Assets-End of Year $1,714,475
Bonds are issued by governments and businesses after they want to raise cash. by means of buying a bond, you are giving the company a loan, and they comply with pay you back the face cost of the mortgage on a particular date, and to pay you periodic interest payments alongside the manner, normally two times a yr.
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with no cooperation, the most likely outcome is that gizelle will charge and devin will charge . $7; $6 $7; $8 $9; $8 $9; $6
With no cooperation, the most likely outcome is that Gizelle will charge $7 and Devin will charge $6.
Coopetition refers to the act of cooperation between competing companies achieved by forming a strategic alliance aimed at assisting both companies. Coopetition includes a mixture of cooperation with prices, suppliers, customers, and firms producing complementary or related products. Competitive pricing refers to the process of strategically selecting price points for goods or services based on competitor pricing in the market or niche, rather than basing prices solely on business costs or target profit margins. With no cooperation, the businesses may charge any price, however, will try to charge a competitive price.
In the given scenario, the likely prices charged by both shops will be such that their total profit is closer together. Charing prices which result in too high profit amount for one shop will imply that the other business is undercharging, hence not charging competitive pricing. Hence, the likely charges based on the information in the table would be that Gizelle will charge $7 and Devin will charge $6.
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Mart retains large amounts of customer data. To understand customer purchase behavior, the company uses a process that automatically discovers correlations in the collected data. Through this process, the company learns that people who buy brend, typically also buy a packet of butter. As a result, the manager of the supermarket places butter near the shelf that stocks bread. In this scenario, KST Mart has most likely used to process information a. bar coding b. data integration radio frequency tagging d. data mining C QUESTION 6 Unlike holding cost, stockout cost: a is incurred when a company runs out of a product Ob, includes inventory taxes and the cost of obsolescence. Oc does not include the transaction costs of overtime work and shipping. d. is also known as carrying cost.
KST Mart has most likely used data mining to process information. Unlike holding cost, stockout cost is incurred when a company runs out of a product.
Large data sets are sorted by using a technique called data mining to find patterns and correlations that may be used to analyze data and find answers to business challenges. Businesses can foresee future trends and make better-educated business decisions thanks to data mining techniques and technologies.
Exploring ever-larger databases and improving market segmentation are two uses for data mining. In order to create tailored loyalty programmes, it is feasible to predict client behavior by examining the correlations between factors like age, gender, and taste.
Hence the correct option is D and A
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A family borrowed $72,000 to buy a house. The loan was at 7.1% and for 25 years. The monthly payments were $513.48 each. (See Example 6.) (a) How much of the first month's payment was interest, and how much was principal? interest $ principal $ (b) What was the total amount paid over the 25 years? $
The total amount paid over the 25 years as the settlement of the loan is $154,044.
What is a loan?A loan is when a set amount of money is provided to someone else in return for the value or principal amount being repaid at a later time. In many cases, the lender raises the principal value by including interest or finance charges, which the borrower is required to pay on top of the principal amount. One-time, fixed-amount loans as well as open-ended lines of credit with a cap of up to a certain amount are both possible loan types. There are alternatives for secured and unsecured loans, as well as commercial and personal lending. A loan is a particular kind of debt that an individual or other entity accrues. A set sum of money is advanced to the borrower by the lender, usually on behalf of a company, financial organization, or government.
Total amount= $513.48*12*25= $154,044
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jimmy is a talented musician, and has already won a number of awards. still, he practices about two hours every day, trying to reach his highest potential. jimmy is motivated by self-actualization needs. true or false
True, jimmy is motivated by self-actualization needs in the given case.
The highest level in Maslow's hierarchy, self-actualization needs, are concerned with realizing one's potential, finding contentment in oneself, seeking personal development, and having peak experiences. This level, according to Maslow (1943), is the drive to achieve everything that is possible and to maximize one's potential.
Maslow argued against the idea that self-actualized people have certain qualities that allow them to deal with the dissonant relationship between free will and the four original categories of needs.
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TRUE/FALSE. ransportation management systems require extensive investments in hardware and software for companies to realize their benefits.
False, transportation management systems require extensive investments in hardware and software for companies to realize their benefits.
What does transport management system?A transportation management system (TMS) is a platform for logistics that makes use of technology to assist businesses in the planning, carrying out, and optimizing of the physical movement of goods, both incoming and outgoing, as well as in ensuring that the shipment is compliant and that the necessary documentation is available. Such a system frequently forms a component of a broader supply chain management (SCM) system. ATMS, sometimes referred to as a transportation management system or transportation management software, offers insight into daily transportation operations, documentation and information regarding trade compliance, and assurances regarding the prompt delivery of freight and goods. In addition to streamlining the shipping process, transportation management systems help firms manage and optimize all aspects of their transportation operations, whether they involve land, air, or sea transportation.
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True or false: The European Union is way ahead of the United States on use of Data Analytics in a tax audit, both by the regulator and the company hoping not to be audited.
The European Union is way ahead of the United States on the use of Data Analytics in a tax audit, both by the regulator and the company hoping not to be audited. This statement is true.
The European Union (EU) is a political and economic grouping of 27 countries committed to shared democratic values. The euro is the shared official currency of 19 EU members known collectively as the eurozone. In recent years, the EU has expanded to include many of the countries that had been Soviet Socialist States before the collapse of the Soviet Union. The EU traces its roots to the European Coal and Steel Community, which was founded in 1950 and had just six members.
The EU established a common market to promote the free movement of goods, services, people, and capital across its internal borders.
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jaylen owns a chain of diners and prefers to recruit employees from different ethnic and cultural backgrounds. when he hires new employees, he spends time educating them on issues that can arise due to diversity at the workplace. his employees are strongly encouraged to question stereotypes. in the given scenario, jaylen uses
Jaylen uses Awareness training to train his employees.
How does awareness training work?A program called awareness training aims to educate users and staff members about their part in preventing data breaches. Employees who receive emails and use the internet are helped by awareness training to comprehend hazards and recognize potential threats they may experience. Employees who have received awareness training are also made aware of risk-reduction recommended practices.
According to research, more than 90% of security breaches are the result of human mistakes. By addressing the errors that staff members could make when using the web and email, as well as by encouraging more secure behavior, security awareness training helps to reduce risk.
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a broker-dealer is a syndicate member in a best efforts underwriting of abc common stock. the issue is oversubscribed. the broker-dealer may allocate sales of the issue to all of the following except:
A broker-dealer (B-D) is a person or association in the commercial enterprise of buying and selling securities for its own account or on behalf of its customers.
The term broker-dealer is used in U.S. securities regulation parlance to describe stock brokerages because most of them act as each sellers and principals.
What Are Examples of Brokers-Dealers?Some of the most ordinary broker-dealers are Charles-Schwab, E-Trade, and TD Ameritrade. Some of these, like Charles-Schwab, are full-scale economic offerings firms, while E-Trade and TD Ameritrade are specially on line brokerage firms.
Technically, a dealer is in the enterprise of buying and promoting securities on behalf of its clients, and a supplier buys and sells securities for its very own account. A broker-dealer does both. Broker-dealers might also appeal to traders who choose to be greater proactive in managing their own portfolios
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the adrenal medulla is a modified sympathetic ganglion that, like other postganglionic neurons, releases norepinephrine directly onto a target tissue. t/f
"The adrenal medulla is a modified sympathetic ganglion that, like other postganglionic neurons, releases norepinephrine directly onto a target tissue." This statement is True.
For the sympathetic nervous gadget:
i.the preganglionic neurotransmitter is acetylcholine, even asii. the postganglionic neurotransmitter is norepinephrineFor the parasympathetic nervous device each pre- and postganglionic neurones use acetylcholine as their neurotransmitter.
Sympathetic and parasympathetic anxious gadget are the two additives of the autonomic nervous machine.
The sympathetic machine arises from the the thoracolumbar (T1-L2) area of the spinal twine.
The parasympathetic anxious machine originate from
At synaptic junctions within the autonomic ganglia ththe preganglionic neuron of both sympathetic and parasympathetic anxious gadget use cholinergic neurotransmitter (acetylcholine). The postganglionic neurotransmitters aren't the identical for both sympathetic and parasympathetic structures. The sympathetic uses norepinephrine (adrenergic) even as the parasympathetic keeps the acetylcholine.
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suppose that the central bank of a given country is not independent, and the elected government has complete control over monetary policy. in the accompanying diagram, assume that the economy starts off at the macroeconomic equilibrium. a. an election is coming up and the majority political party wants to increase its chances of retaining majority control of congress. policy makers decide the best way to ensure reelection is to force the central bank to enact expansionary monetary policy. in the accompanying graph, shift the curve(s) to depict the impact this will have on the macroeconomy.
Monetary and fiscal policy make comprise a nation's macroeconomic strategy.
What effect will this have on the macroeconomic environment?With the aid of these two strategies, a nation can manage practically all of its infrastructure growth, development, and financial sector improvement.
The nation's expansionary monetary policy lowers market interest rates while expanding the money supply. It reduces interest rates and increases the money supply.
What is microeconomic planning?The plan consists of three parts: investing on sound economic principles. boosting access to services in four input sectors and increasing their effectiveness. expanding the potential for employment, growth, and equity in a few selected key areas.
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Delta Motorworks markets its cars based on the age, gender, and income of its customers. Which of the following types of market segmentation is evident here? answer choices
Geographic segmentation
Benefit segmentation
Occasion segmentation
Demographic segmentation
Among following types of market segmentation given here which is more evident here is Demographic market segmentation. Option D is correct.
What is market segmentation?Market segmentation is a marketing tactic that divides the total addressable market share of a brand into more manageable categories using well established criteria. Each group, or segment, has shared traits that allow the brand to provide specialized and niche goods, deals, and experiences.
A precise method of identifying an audience is known as demographic segmentation. It is based on information such as age, gender, marital status, family size, income, education, race, occupation, nationality, and/or religion.
Thus this is the one of the four primary categories of marketing segmentation.
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treasury stock transactions ebenezer consulting had no treasury stock at the beginning of the year. during january, ebenezer purchased 8,600 shares of treasury stock at $21 per share. in april, ebenezer sold 4,100 of the treasury shares for $25 per share. in august, ebenezer sold the remaining treasury shares for $20 per share. required: prepare journal entries for the january, april, and august treasury stock transactions
The journal entries for the January, April, and August treasury stock transactions is
Date Account Debit Credit
Jan Treasury Stock 16800
Cash (8000*21) 16800
Apr Cash (4100*25) 102500
Treasury Stock (4100*21) 86100
Paid in Capital from Treasury Stock 16400
Aug Cash (8000-4100)*20 78000
Paid in capital from Treasury Stock 3900
Treasury stock ((8000-4100)*21 81900
As we know that;
Previously outstanding stock that has been purchased back from stockholders by the issuing business is referred to as treasury stock, also known as treasury shares or reacquired stock. As a result, fewer shares are available for purchase on the open market.
Now the journal entries for the January, April, and August treasury stock transactions is
Date Account Debit Credit
Jan Treasury Stock 16800
Cash (8000*21) 16800
Apr Cash (4100*25) 102500
Treasury Stock (4100*21) 86100
Paid in Capital from Treasury Stock 16400
Aug Cash (8000-4100)*20 78000
Paid in capital from Treasury Stock 3900
Treasury stock ((8000-4100)*21 81900
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Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition):
44 units at $96
74 units at $76
172 units at $50
Sales for the year totaled 271 units, leaving 19 units on hand at the end of the year.
Ending inventory using the average cost method is: (Do not round unit cost calculation. Round your final answer to the nearest whole dollar amount.)
-------------------------------------------------------------------------------------------------------------------------------
On January 1, 2018, Badger Inc. adopted the dollar-value LIFO method. The inventory cost on this date was $100,200. The ending inventory, valued at year-end costs, and the relative cost index for each of the next three years is below:
Year-end Ending inventory at
year-end costs Cost Index
2018 $ 126,630 1.05 2019 143,880 1.10 2020 154,440 1.20 In determining the inventory balance should Badger report in its 12/31/2019 balance sheet:
In determining the total outstanding amount spends over till the 12/31/2019 in the balance sheet is $1,581
Sales for the year totaled 272 units, leaving 17 units on hand at the end of the year.
Ending inventory using the LIFO method is:
17 units x $93 = $1,581
Number of units in a year = 272 units
No. of units leaving on hand = 17
Cost of 1 unit = 93
Therefore , the cost of 17 units will be 17 X 93
which will be 1581 dollars.
Value of Ending Inventory (using avg. cost method) = No. of closing units (given) × Average cost per unit = 17 units * $ 93.61379 let us take it as 93 = $ 1,581
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a registered investment adviser that accepts customer funds must: a segregate the funds from proprietary adviser assets b must deposit the funds to the adviser's general bank account c pay interest on the funds at the legal rate specified by the state d provide each customer with an account statement at least monthly
Out of the choices provided above, it can be concluded that a registered investment adviser that accepts customer funds must segregate the funds from proprietary adviser assets. Therefore, the option A holds true.
An investment adviser is allowed to give appropriate options to monetary engagements to its clients. The advice given by them must be in accordance with the laws related thereto. When there is an intake of funds by the adviser, it must ensure that there is a segregation of the funds from the assets of the adviser.
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All else equal, a decrease in the rate of inflation ____ planned spending and ____ short-run equilibrium output.
All else equal, a decrease in the rate of inflation increases planned spending and increases short-run equilibrium output.
What is inflation rate?Inflation rate is the rate at which prices for goods and services rise over a given period of time. Inflation is generally a broad measure, such as the overall increase in prices or the increase in the cost of living in a country.
In a market economy, prices for goods and services can always change. Some prices increase; some prices decrease. Inflation happens when there is a broad increase in the prices of goods and services, not just of individual items; it means, you can buy less for $1 today than you could yesterday.
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