Answer:
Company P should defer $1,926 of unrealized profit in reporting the investment using equity method.
Explanation:
Gross Profit Percentage = Revenue - Cost of goods sold / Revenue
Gross Profit Percentage = $133,000 - $93,100 / $133,000
Gross Profit Percentage = 0.3
Gross Profit Percentage = 30
Unrealized Intra-entity Gross profit = (Remaining ending inventory * Gross profit percentage) * Investor's ownership percentage
Unrealized Intra-entity Gross profit = ($21,400 * 30%) * 30%
Unrealized Intra-entity Gross profit = $6,420 * 30%
Unrealized Intra-entity Gross profit = $1,926
Company P should defer $1,926 of unrealized profit in reporting the investment using equity method.
is the degree to which an organization achieves its goals. Group of answer choices Effectiveness Contingency Sustainability Efficiency
Answer:
Effectiveness
Explanation:
Effectiveness is the degree to which an organization achieves its goals. Effectiveness is defined as the level of quality with which a particular task or process is accomplished successfully. In businesses, a process is said to be effective when it produces the desired output against the set of inputs. A highly effective organization is the one in which its employees perform their duties on time and in the manner in which they are expected to do and thereby, achieving significant business performance. For example, a sales manager who is able to achieve her sales targets consistently month on month will be said to be performing her duties effectively.
The loan amount (principal) is $50,000 and the annual interest paid is $5,500. What is the annual interest rate
Answer:
The interest rate is 11%
Explanation:
The loan amount = $50000
Interest amount = $5500
Since the annual interest amount and the principal amount is given so we have to find the interest rate by using the given information. Below is the formula to find the interest rate.
Let the interest rate = x
Principal × interest rate = Interest amount
$50000 × r = $5500
r = $5500 / $50000
r = 0.11 or 11%
The interest rate is 11%
Identify some of the reasons why Congress passed the Sarbanes-Oxley Act.
A) To decrease management's responsibility of the accounting reports issued by the company
B) To help stop financial abuses at companies that issue their stock to the public
C) To require public companies to document and verify their internal controls.
Answer: C) To require public companies to document and verify their internal controls.
Explanation:
The Sarbanes-Oxley Act was passed in the year 2002 and represented an unprecedented increase in influence of the Government on the activities of public companies.
Passed in the aftermath of several financial scandals such as the Enron and Worldcom scandals, SOX as it is usually referred to, aimed to make companies more accountable for their actions by amongst other things, requiring that they document and verify their internal controls and made it the responsibility of senior management to ensure that it was done.
Which of the following describes the growth part of the business cycle?
When the business is just starting. This is the second stage of a business cycle
The second stage describes the growth part of the business cycle.
What is business cycle?
The term “business cycle” refers to the expansion of a business as well as the rise and fall of the economy. The business cycle refers to the various economic factors such as interest rates, investment, the trading system, profit, and production costs.
There are the four fundamental stages of the business cycle, such as first is expansion, second is peak, third is contraction, and last fourth is trough. The second stage, the peak stage, was the growth of the maximum rate of business. The peak simply means the imbalance of the economy that needs to be corrected at the right time.
As a result, the business cycle was the second stage of the peak related to the growth.
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he town of Rock River decides to put a new road through the middle of town to increase tourist traffic. To build the road, the town must tear down a number of buildings. It sends a note to the buildings' owners, telling them to vacate the premises within 24 hours. It is
Answer:
the due process clause
Explanation:
It is likely that the town has violated the due process clause of the Constitution. This is a clause found in the fifth and fourteenth amendments to the United States Constitution and ultimately acts as a safeguard from arbitrary denial of life, liberty, or property by the government outside the sanction of law. Which the government is violating since they cannot just simply decide to tear down buildings and force individuals to vacate.
Joel klippert says he pays himself last, after he pays his vendors and employees. explain this decision in terms of the principle of business profit. do you agree with his payment priorities?
Answer with Explanation:
Paying employees and the vendors is necessary because they are very important stakeholders of the company. The company must manage its vendors and must not surpass the agreed credit period and credit allowed. If the company is properly managing its vendors then it is most likely that the company will taking maximum benefit out of it by increasing its credit period or credit allowed amount or both. This lower the working capital investment and thus would save the cost of financing the working capital, and hence the business profit would be increased. This means that the effective management of vendors increases business profit.
On the other hand, if we are not paying the employees in time then it will lower the motivation of the employees which would affect their productivity as well. Hence it is better to keep them motivated because it increases it productivity and also lowers employee turnover.
The impact of these decision would might seem that it has decreased the profit but employee cost are both fixed cost (salaried) and variable cost (wages) which means the fixed will remain the same but if the wages are growing then it is a sign of increased production. Hence we must pay them in time irrespective of business profit.
A specialist in the HR department is invited to promote the cybersecurity program in community schools. Which three topics would the specialist emphasize in the presentation to draw students to this field
Answer:
The answer is below
Explanation:
In a given situation like the one presented in the question, it is believed and expected that three topics in which the Human Resources specialist in the area of the cybersecurity program, would emphasize in the presentation to draw students to this field are the following:
1. It has a high earning potential
2. it is a career field in high demand
3. It is a service to humanity
The three topics would the specialist emphasize in the presentation to draw students to this field should include
1. It has a high earning potential
2. it is a career field in high demand
3. It is a service to humanity
The following information should be considered:
The specialist can draw the students' attention to this field. This career is well-paid because it has a potential for earning a lot of money, also the services are providedLearn more: https://brainly.com/question/1368131?referrer=searchResults
In an open listing, the first broker to find a buyer who agrees to all the terms and whose offer is accepted by the seller is the __________ of the sale
Answer:
point of the sale
Explanation:
The broker is an intermediary person who makes efforts to meet buyer with the seller. The sellers and buyers agree to the terms of the sale and then broker proceeds the deal. In case of any problem during the deal the broker is held responsible for solving the matter. There can be dispute between buyer and seller for which terms are mentioned and agreed by both of them before the deal is finalized.
The first broker to find a buyer who agrees to all the terms and whose offer is accepted by the seller is the Offer is accepted by the seller is the point of the sale.
An open listing agreement is the one in which the seller retains the right to employ any number of brokers as agent.
Here, the broker act as an intermediary between the buyer and seller of the property. He makes efforts to connect buyer with the seller.
When an agreement has been reached between the sellers and buyers, the broker facilitate the deal and also settles dispute that might arise between them.
Therefore, the first broker to find a buyer who agrees to all the terms and whose offer is accepted by the seller is the point of the sale
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The following passage would be appropriate for a document aimed at a multicultural audience: Two companies found themselves in the financial equivalent of sudden-death overtime. The first to raise the necessary capital would be the one to survive.a) trueb) false
Answer: False
Explanation:
This passage would not work on a multi-cultural audience because it uses a culture specific term which is sudden-death overtime.
The term is used by the National Football League for American football which is not a sport that is very popular outside the shores of the United States. A person from Nigeria or even France for instance might have a hard time understanding the reference to sudden-death overtime because they are unfamiliar with the term.
A study of the potential demand for a new hospitality and travel business is called______
Answer:
market analysis
Explanation:
A market analysis is the studies the dynamics of the study market such that of a potential rise in demands for a new hospitality and travel business. The market analysis is also a part of the global environmental analysis. It identifies the possible strengths and weaknesses along with the opportunities and threats. It areas include market trends, growth probability, and key success factors.After cost overruns of the solar project, $10 million was already spent and unrecoverable. It was going to cost $12 million more in order to complete the project, and now society somehow needs to make the rational choice to
Answer:
a. continue with the project provided that the additional solar electricity is worth more than $10 million.
Explanation:
Here are the options to this question :
a. continue with the project provided that the additional solar electricity is worth more than $10 million.b. continue with the project provided that the additional solar electricity is worth more than $32 million.c. continue with the project provided that the additional solar electricity is worth more than $22 million.
The $10 million is the sunk cost. Sunk cost is cost that has already being incurred and cannot be recovered. It should not be considered when making future economic decisions.
In making the decision to continue the project, the value of the project should be more than $10 million
What are the two names for the assets that reside within the minds of members, customers, and colleagues and include physical structures and recorded media?
Answer:
Intellectual capital and knowledge assets.
Explanation:
Intellectual capital and knowledge assets are the two names for the assets that reside within the minds of members, customers, and colleagues and include physical structures and recorded media. Intellectual capital can be defined as an intangible asset or collective knowledge of employees or individuals working in an organization, which has the potential to contribute to the development, as well as generate value for the organization.
On the other hand, a knowledge asset is the sum total (cumulative) of the intellectual resources possessed by an organization and by extension contributes to its success.
The organization that is primarily responsible for developing GAAP for use by all U.S. companies is the:
Answer:
C. FASB
Explanation:
The FASB refers to the Financial Accounting Standards Board that is an independent non profit organization who is responsible for developing accounting and finance related standards for reporting with respect to companies and non profit organization in the United states that followed GAAP
So as per the given situation, the option C is correct
Any given demand or supply curve is based on the ceteris paribus assumption that ___________________.
Answer:
All else is help equal, is the right answer.
Explanation:
“All else is help equal” is the correct answer because the demand curve is downward sloping and the supply curve is upward sloping. Here, the relationship between the price and demand is negative that means a rise in price leads to a fall in demand or vice versa. Similarly, in the case of supply, the price and supply are positively related that means a rise in price leads to a rise in supply or a fall in price lead to a fall in supply.
All employers are required by law to provide certain benefits to their employees. An example of such a benefit would be
Answer:
B) workers compensation insurance
Explanation:
Workers compensation insurance refers to an insurance which is developed to protect, safe the employee against their liabilities with respect to the injuries suffered at the time when they are in the course of their employment
So by law this insurance is provided so that it could provide the benefits to all the employers
Therefore the benefit here we called as workers compensation insurance
hence the correct option is B.
An insurer gathers the information it needs for underwriting from what form submitted by the individual?
Answer:
Application
Explanation:
In the insurance process, the application is considered to be the basic source of information for the insurer, it is a form in which the individual applying for coverage, must fill and submit them accordingly. The information gotten from the application is then used by the insurer to perform the underwriting process. It is often attached as part of the insurance contract.
Hence, in this case, the correct answer is referred to as APPLICATION
Funds that adjust the asset allocation weights in the portfolio to match the needs of an investor who is nearing retirement are known as
Answer:
Target date funds.
Explanation:
Funds that adjust the asset allocation weights in the portfolio to match the needs of an investor who is nearing retirement are known as target date funds. This is achievable because it can mix up several types of investments, bonds and stocks, which allows the investor to take more risks at a younger age or work in service and move to a more conservative investment with respect to the target date.
Which approach to measuring fair value uses information from actively traded stock on the New York Stock Exchange?
Answer:
Fair Value Measurement Approach:
Market approach
Explanation:
Fair value can be measured using any of the three approaches recognized by the standard. They include the market approach, the cost approach, and the income approach. The market approach particularly uses information from the market prices of similar stock to measure the fair value of a particular stock, after adjusting for minor differences. Like the other two methods, the market approach is consistent with the going concern assumption.
Corporate procurement, also called corporate purchasing, deals with the transactional elements of buying products and services by an organization for its operational and functional needs.a) trueb) false
Answer: True
Explanation:
Cooperate procurement could be defined as the process where a firm or organization buys materials needed for projects and other items that would be useful in the organization. This is handled by the procurement department of the organization, every other department would tender items that her needed to be purchased, when these items are approved by the management, the procurement department either contacts it's vendors or acquire the items by themselves.
Determine if the items represent an example of positive economics or normative economics. The richest 1% of americans should pay more taxes than the rest of the 99%. Positive economics normative economics a decrease in the supply of coconut will increase the price of german chocolate cake, a good which requires coconut shavings as a key ingredient. Positive economics normative economics as minimum wage increases, the prices of all goods and services also tends to increase. Positive economics normative economics social welfare spending in sweden occupies too large a portion of the national budget. Positive economics normative economics
Answer:
A. Normative Economics
B. Positive Economics
C. Positive Economics
D. Normative Economics
Explanation:
Positive Economics is objective and statements are usually based on facts and economic theory. They can be tested.
For example, an increase in input would lead to a decreases in supply of the good is based on economic theory and facts. An increase in input would increase the cost of production and this would discourage sellers from producing.
Normative economics s based value judgements, opinions and perspectives. For example, the statement - social welfare spending in Sweden occupies too large a portion of the national budget - is based on opinion. To some the expenditure might be even too small. There is no economic theory that can be used to determine if this expenditure is too large or small
Your friend is starting a company and wants to identify the job their product will do for people. What advice would you give them
Answer:
they should make a google doc or slides and inform them with if
The ideal advice in this situation would be to put a plan in place to interview your first customers after they buy from you.
How to start a new business?It is essential that the entrepreneur carries out business planning to identify the ideal actions to achieve his goal. Market research is also effective in identifying the needs and wants of potential consumers before starting a new business.
Therefore, conducting surveys with the first customers can help the entrepreneur to identify feedback on products and services, increasing their knowledge and coordination of the business.
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For the situation in exercise 8, fashion an equitable remedy that might encourage cracked mirror to decide to keep its commitment to play at your prom.
Incomplete question. Here's the full text;
Cracked Mirror, a locally well-known rock group, contracts to play for your high school prom. A week before the dance, the group cancels its appearance. A teacher finds out that the band took the opportunity to perform in a concert that will pay them $800 more. The class president’s mother is an attorney and offers her services to the school.....In the question above, could you fashion an equitable remedy that might prompt Cracked Mirror to decide to keep its commitment to play at your prom? (Certain remedies that may come to mind could violate portions of the U.S. Constitution and therefore could not be pursued.)
Explanation:
A good remedy that comes to mind is the equitable remedy of Specific performance. The remedy of Specific performance is usually issued by a court order requiring a party to perform a specific action, as obliged in a contract.
Thus, by suing Cracked Mirror rock group to pay monetary damages for its failure to perform could prompt them to keep its commitment to play at your prom, especially when the damages involves a significant amount.
Jamareo has found a "favorable" authority directly on point for his tax question. If the authority is an administrative authority, which specific type of authority would he prefer to answer his question?
Answer: IRS Regulations
Explanation:
Jamareo has found a "favorable" authority directly on point for his tax question. If the authority is an administrative authority, the specific type of authority would he prefer to answer his question will be IRS Regulation
Treasury Regulations are simply the tax regulations that are issued by the Internal Revenue Service (IRS) of the United. The regulations contained here are the official interpretations of the treasury Department of the Internal Revenue Code.
IT professionals have a responsibility to set up computers with the proper safeguards. Which of the following is a safeguard that can be installed on a computer? Check all of the boxes that apply. malware protection antivirus software spyware protection anti-firewall protection
Answer:
✅malware protection
✅antivirus software
✅spyware protection
Explanation:
It is very important for IT professionals to safeguard computers. They have a responsibility to set up computers with the proper safeguards. Some of those safegaurds are:
malware protection, antivirus software and spyware protection.
Malware protection helps to keep and defend the computer against malicious software.
Antivirus software is usually a class of program which are installed in a computer to protect, prevent, detect and also remove malware infections.
Spyware protection gives the computer protection against unnecessary spying while you are surfing the internet.
Answer:
“Malware protection”, “Anti-virus software”, and “spyware protection”
Explanation:
What are the two major feelings that must exist for great ledership to happen?What is the problem with these two major components in adapting them in the workplace?
Answer:
Two feelings which are critical to the success of leadership are:
Trust andConfidenceExplanation:
The leader must be able to give and receive trust.
The followers must trust that their leader knows where he is headed and they have to be confident that that destination will be in favour of the entire team.
The leader in delegating responsibilities must trust that those to whom those tasks have been given will be able to complete it. He or she must also trust that those he has as followers have his best interest as he or she does theirs.
Adapting these components in the workplace is not reliant on the leader. Everything rises and falls on leadership and that is the major problem.
The leader must first trust that the followers will trust their capability. He or she has to earn their trust and depose that trust in their capabilities as well.
Cheers!
When Terry Doyle of CommuniCom, Inc. created smaller, more independent maintenance units, he was performing the function of:
Answer:
Organising
Explanation:
Organising is defined is the process of sharing responsibility based on sections and departments. It is also establishment of relationship among between the people involved in a project so that efficiency is ensured.
In this scenario where Terry Doyle of CommuniCom, Inc. created smaller, more independent maintenance units, he is performing organising function by allocating resources in the organisation.
Answer: Organizing
Explanation:
Many organizations split units of the organization from the larger it has been to smaller units. The purpose for this splitting is to aid growth in the organization and keep every activity that would be happening within the firm organized; accessible, and task to be carried out easily.
Which of these is an off-site metric for social media marketing?
Answer:c
Explanation:
A consumer will use one of three general problem-solving variations, extended, limited, or routine, based on product knowledge and
Answer: level of involvement
Explanation:
It should be noted that when people want to purchase a product, they usually look for information themselves or probably seek informations from those close to them such as friends and family.
It should be noted that a consumer will use one of three general problem-solving variations, extended, limited, or routine, based on product knowledge and level of involvement.
When more resources are added, the additional output that these resources produce decreases. This is called the:
Answer:
law of diminishing returns.
Explanation:
The law of diminishing returns refers to decrease or fall in the marginal productivity i.e. if one input of the production rises, while all other inputs would remain fixed
Since in the question it is mentioned that when at the time resources are added an extra output that produced would be decreased so this is we called as law of diminishing returns and hence the same is to be considered
The CFO needs information on the risks that may cause the firm to incur substantial losses. Which person in the company would be in charge of maintaining that type of information?
Answer:
Internal auditor
Explanation:
An internal auditor is a trained professional that has the responsibility of providing concise and precise evaluations on the financial and operational activities of an organization.
The job of an internal auditor involves the following:
1. review an organization's business processes.
2. evaluation and assessment of risk management procedures that are currently in place in the organization.
3. protect the organization and its finances against fraud and theft of the organization's assets.
From the above stated functions of an internal auditor, it can be seen in the question also that risk information can only be gotten from the internal auditor.