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On April 15, 2019, Powell Inc. obtained a six-month working capital loan from its bank. The face amount of the note signed by the treasurer was $1,200,000. The interest rate charged by the bank was 9%. The bank made the loan on a discount basis.

a-2. Use the horizontal model to show the effect of signing the note and the receipt of the cash proceeds on April 15, 2019. Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative financial statement effect.)

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Answer 1

Answer:

how to get rid and jack cheesecake factory menu with prices or tv show cast or tv show cast or tv show cast or tv show cast or tv show


Related Questions

Japan and other Asian countries have been experiencing an economic boom, what impact will this have on the US economy. Answers the following questions to determine the impact.
A. What curve will shift and it what direction? B. What macro-equilibrium condition is created because of the Asian boom? C. Explain why this macro-equilibrium condition needs to be fixed? D.Explain the fiscal policy tools that are available to fix this problem.

Answers

A) The impact of the Asian economic boom on the US economy is:  The demand curve shifts to the left ( decrease in demand for US products )

B) The macro-equilibrium condition created because of the Asian economic boom is :  The aggregate supply and aggregate demand moves inwards, becomes equal ( i.e. negative macro-equilibrium )

C) The macro-equilibrium condition needs to be fixed to : Avoid inflation and decrease in GDP

D) The fiscal policy that can be used is : Decrease of Income tax

Effects of economy boom on rival economies

An economic boom in the Asian countries will negatively impact the demand for US products, therefore the demand curve of the US market will shift to the left. Also the macro-equilibrium condition will move inwards ( shift to the left ). fixing the negative macro-equilibrium will help the US economy avoid inflation and decrease in GDP.

Hence we can conclude that the answers to your questions are as listed above

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Vaughn Manufacturing began the year with retained earnings of $114000. During 2022, the company issued $84500 of common stock for cash. The company recorded revenues of $735000, expenses of $647000, and paid dividends of $36000. What was Vaughn's net income for the year 2022?

$136500

$172500

$88000

$52000

Answers

If the company recorded revenues of $735000, expenses of $647000. Vaughn's net income for the year 2022 is: c. $88,000.

Net income

Using this formula

Net income=Revenues - Expenses

Let plug in the formula

Net income=$735,000-$647,000

Net income=$88,000

Therefore the correct option is c. $88,000.

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A couple decides that Sophia will drive the first 3/5 of a trip and Toby the last 2/5. The entire trip is 500 miles long. How far will Sophia drive? 200 miles 100 miles 300 miles 400 miles

Answers

Sophia will drive 300 miles :) 3/5 of 500 3/5 of 5, 3 so 300 ig

Evaluate the importance of doha development round?

Answers

The Doha development round is important to reform the national trading system.

What is Doha development round?

The Doha Round of negotiations focuses on industrial and non-tariff barriers, agriculture, services, and easing trade rules.

In this case, the Doha development round is important to reform the national trading system.

It is aimed at lowering global trade barriers and is the first agreement reached through the WTO that is approved by all its members.

It introduced lower trade barriers and a revision of the trade rules.

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a person has 100$ to spend on two goods x and y whose respective price are 3$ and 5$. what happen to the original budget line if the budget falls by 25%?​

Answers

Answer:

If the budget falls by 25%, then the new budget line would be:

x: 3*0.75 = 2.25

y: 5*0.75 = 3.75

Explanation:

The Economy Tomorrow The following Economy Tomorrow section provides estimates of time spent in traffic delays.
If the average worker produces $110 of output per hour, what is the opportunity cost of.
a. Current traffic delays? $ billion
b. Estimated delays in 10 years (assuming no change in worker productivity)?

Answers

The opportunity cost of Current traffic delays , and Estimated delays in 10 years is mathematically given as

The existing traffic bottlenecks are costing the economy $385 billion in lost productivity per year.It is anticipated that in 10 years, traffic delays would cost $440 billion in lost productivity.

Current traffic delays, and Estimated delays in 10 years?

The opportunity cost is defined as the product of the value of production per hour multiplied by the hourly wage.

Generally, the Opportunity cost is  mathematically given as

Opportunity cost =$110 million * $3.5 billion

Opportunity cost = $385 billion

The existing traffic bottlenecks are costing the economy $385 billion in lost productivity per year.

b)

For every year that goes by, 4 billion hours will be wasted in traffic.

The opportunity cost of a lost hour of work is defined as the product of its value per hour of production times its price.

Generally, the Opportunity cost  is  mathematically given as

Opportunity cost =$4 billion *$110

The answer is = $440 billion

It is anticipated that in 10 years, traffic delays would cost $440 billion in lost productivity.

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Scobie Company began 2016 with a retained earnings balance of $142,400. During an examination of its accounting records on December 31, 2016, Scobie found it had made the following material errors, for both financial reporting and income tax reporting, during 2015.
1. Depreciation expense of $15,000 inadvertently had been recorded twice for the same machine.
2. No accrual had been made at year-end for interest; therefore, interest expense had been understated by $4,000.
Scobie’s net income after taxes during 2016 was $60,000. The company has been subject to a 30% income tax rate for the past several years. It declared and paid dividends of $13,000 during 2016.
Required:
1. Prepare whatever journal entries in 2016 are necessary to correct Scobie’s books for its previous errors. Make your corrections directly to the Retained Earnings account.

Answers

The total retained earnings on 31st December 2016 is $197,100. The journal entry are attached below.

What is Retained Earnings?

Retained earning is basically the profits of the company which is kept aside to meet the future requirement of the company. It the amount which is left over after deducting all cost such as direct cost, indirect cost, income taxes and dividend.

The retained earning is used in the future projects or for buying the equipment for the company.

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.

How far do differences in behaviour relate to national characteristics?

Answers

The differences in behavior and national characteristics are : Very close

What is National character

National character is the shared perceptions of personality characteristics or behaviors of a group of people, which is shared and believed amongst the people living in a geographical area.

Therefore the differences in behavior is closely related to difference in national characteristics  

Hence we can conclude that The differences in behavior and national characteristics are : Very close

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Roles of the different types of organisations in the context of the business environment​

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The roles of the different types of organizations in the context of the business environment include:

Helping the business to have a clear view of its prioritiesEnabling better communication between employees and managers andHelping the employees to know their roles and perform better.What are the different types of orgaizations?

The different types of organizations include the matrix, functional, flat, and divisional forms.

All of these types of organizations help to structure the business and helps employees to know who to report to. In the end productivity is enhanced.

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What is discretionary spending within a budget?
A. Money that can be used for any purpose
B. Money that pays for fixed expenses
C. Money that goes directly into savings
D. Money invested in high-yield financial instruments

Answers

Answer:

The answer is a

Explanation: hope this helps :)

Accumulated Depreciation: The company has only one fixed plant asset (equipment) that it purchased at the start of this year. That asset had cost $48,000, had an estimated life of seven years, and is expected to be valued at $8,800 at the end of the seven years. The company uses straight line depreciation method to calculate its depreciation.

Step 1: Determine what the current account balance equals.
Step 2: Determine what the current account balance should equal.
Step 3: Record the December 31 adjusting entry to get from step 1 to step 2

Answers

Based on the depreciation of the equipment, the current balance would equal $0 and but it should equal $5,600.

The adjusting entry would be:
Date                        Account title                                     Debit          Credit

December 31          Depreciation expense                   $5,600

                                Accumulated depreciation                             $5,600

How is depreciation recorded?

The current account balance would be $0 because depreciation has not yet been adjusted for.

The depreciation amount would be:

= (48,000 - 8,800) / 7

= $5,600

This amount should be credited to the Accumulated depreciation account, but debited to the Depreciation expense account as expenses usually are.

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Which of the following topics should be covered by HAZWOPER training? (Select all that apply.)
SELECT ALL THAT APPLY


Work practices to minimize risks of exposure

Selection and use of personal protective equipment

Emergency response plans

All potential hazards

Answers

Topics that should be covered by HAZWOPER training are-

Work practices to minimize risks of exposureSelection and use of personal protective equipmentEmergency response plansAll potential hazards

What  is the objecetive of HAZWOPER training?

HAZWOPER training aims to provide a hazardous-free, safe and healthy environment to the workers at their workplace while doing dangerous tasks. Thus encouraging better learning, growth, and development.

This training program includes practices at the workplace to minimize the risk of exposure to danger, use of personal protective equipment to ensure safety, development of emergency plans to avoid any big injury, and study of all potential hazards.

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By agreeing to the Statement of Understanding, the consumer

Answers

By agreeing to the Statement of Understanding, the consumer acknowledges that they clearly understand that they are enrolling in a plan, combined with knowing the specific plan in which they are enrolling.

What is a Statement of Understanding?

Applicants and foster parents who sign a statement of understanding indicate that they have read, comprehend, and agree to abide by all laws, rules, and regulations that belong to the running of residential care.

The complete question is attached-

This ensures that the consumer is aware of the enrollment in a plan and activities associated with the plan and respective actions. It reflects that they have all the information related to the deal.

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From the picture below, the marketing vice president is interested in the revenue numbers broken down by month, division, customer demographics, sales office, product version, and plan. These are her business dimensions along which she wants to analyze her numbers.
Question: In the case of Marketing Manager and Financial controller, what are their business dimensions they analyze their numbers?

Answers

The business dimensions to be analyzes by the Marketing Manager and Financial controller includes:

profitabilityliquiditysolvencyefficiencyvaluation.

Who is a Marketing Manager & Financial controller?

Marketing Manager are those managers that specializes in the development of marketing strategies for their organizations while the Financial controller is a top-hierarchy manager that oversees and controls the firm's day-to-day financial operations.

The main role of the Marketing Manager is to promote the firm's business, product, service etc while the main role of the Financial controller is to records and manages the accounting function.

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Windsor, Inc. uses a periodic inventory system. Details for the inventory account for the month of January 2022 are as follows: Units Per unit price Total Balance, 1/1/2022 260 $4.00 $1040 Purchase, 1/15/2022 130 ..4.60 598 Purchase, 1/28/2022 130 ..4.70 611 An end of the month (1/31/2022) inventory showed that 210 units were on hand. If the company uses FIFO and sells the units for $9 each, what is the gross profit for the month? $1890 $1270 $1520 $2790

Answers

Based on the cost of the inventory to Windsor Inc, and the FIFO method, the gross profit for the month is C. $1,520

What is Windsor's gross profit?

FIFO means that the earlier goods are sold first.

210 units were left on hand which means that none of the Purchase on the 28th of January was sold.

The 15th Janaury purchase sold:
= 130 - (210 - 130)

= 50 units

The sales revenue is therefore:

= (260 + 50) x 9

= $2,790

The cost is:

= (260 x 4) + (50 x 4.60)

= $1,270

Gross profit is:

= 2,790 - 1,270

= $1,520

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Jacinda Herschel wants to buy a car and determines she can afford to pay $365.15 a month for a 4-year loan. The rate on her loan would be 4.65%. How much can Jacinda borrow?

Answers

Jacinda Herschel wants to buy a car this amount $15965.57 can borrow.

What is loan?

An amount of money borrowed by a person or business from a business, financial institution, or government is known as a loan.

Jacinda Herschel monthly saving (M) = $365.15

Term = 4 years loan

Interest rate = 4.65% or 0.0465

Number of months (n) = 4 years x 12

Calculation of number of month is = 48

Monthly interest rate (r) = 0.0465/12 = 0.003875

Loan amount formula as = [tex]M/r [1-(1 + r)^{-n}[/tex]

= [tex]$365.15/0.003875 [1-(1 + 0.003875)^{-48}[/tex]

[tex]= $365.15/0.003875 x (1-(1.003875)^{-48})[/tex]

= $365.15/0.003875 x [1 – 0.83057208775233]

= $365.15/0.003875 (0.16942791224767)

= $15965.57

As a result, $15965.57 is correct.

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what is a karst scenery​

Answers

Answer:

Karst is a type of landscape where the dissolving of the bedrock has created sinkholes, sinking streams, caves, springs, and other characteristic features. Karst is associated with soluble rock types such as limestone, marble, and gypsum.

Can you have 2 jobs like .. can you work 1 full-time and 1 part-time at the same time?

Answers

Answer:

Yes

Explanation:

my answer has to be 20 characters long lol. but yes you can

Prepare the necessary general journal entries for the month of October for Crane Retail for each situation given below. Crane uses a perpetual inventory system. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)

Oct. 5 Paid cash of $10,332 for operating expenses that were incurred and properly recorded in the previous period.
9 Purchased merchandise for $18,000 on account. Credit terms: 3/10, n/30.
12 Paid a freight bill of $90 for merchandise purchased on October 9.
17 Paid for merchandise purchased on October 9. The company takes all discounts to which it is entitled.
20 Sold merchandise for $6,560 to Rattles Distribution on account. The cost of the merchandise sold was $2,624. Credit terms: 2/10, n/30.
26 Issued a credit memo to Rattles Distribution for $246 for merchandise returned from the sale on October 20. The cost of the merchandise returned was $148.

Answers

The necessary journal entries for October month are attached below in the image :

What do you mean by journal entries?

All company transactions are documented in journal entries. Generally speaking, a transaction is any financial activity that has an effect on a business.

All the necessary journal entries are attached below:

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Which of the following statements is true with respect to a company's control
environment? (Check all that apply.)
A. One of the greatest control strengths is the dishonesty of
employees; one of the greatest control weaknesses is the honesty
of employees.
B. Management should assign authority and responsibility for goals
and objectives to departments and individuals and hold them
accountable for achieving them.
C. An involved board of directors represents shareholders and
provides an independent review of management that acts as a
check and balance on their actions.
4
D. An overly complex or unclear organizational structure is not an
indication of possible serious problems in an organization.
Submit

Answers

Answer:

b

Explanation:

The main objective of an organisation is to achieve organisation goal.For the organisation goal to be achieved,the organisation must have passed through the objectives of management which are planning,organising,controlling and controlling.A good proper planning by an organisation is to give thier employee thier role in achieving organisation goal,control the staffs when needed, when things needs to be controlled.lack of planning might lead to the failure of the organisation goal.

An individual contributed $50,000 to her nonqualified annuity, and when she annuitized the policy, the insurance company determined that, based on her life expectancy, she will receive $100,000 in payments. If her initial monthly payment was $1,000, how much of that payment was taxable?

Answers

Payment of $500 will be taxable, as Non-qualified annuity distributions are never tax-free.

What is a nonqualified annuity?

An individual can acquire a non-qualified annuity apart from an employee benefit. The tax-deferred growth of your investment is a benefit of an annuity.

Working note-

nonqualified annuity of an individual=$50,000

expected distribution=$100,000

initial payment=$1,000

=cost basis/expected distribution

=$50,000/$100,000

=0.50

To calculate how much payment was taxable-

The initial payment will be multiplied by the find rate

                 =$1,000*0.50

                 =$500

Therefore, $500 will be a taxable payment.

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what is effectiveness in customer service?​

Answers

Answer:

the helping of the emmployee in where something is or to reach something or to get something from the back

Explanation:

What does the net income tell the
business?
A. Whether or not they made a profit.
B. Whether or not they have too many employees.
C. Whether or not their financing is too high.

Answers

Answer:

A

Explanation:

..........................

Which of the following is not included in the heading of a cover letter?
a.
Applicant’s contact information
b.
Date
c.
Employers contact information
d.
Salutation

Answers

Answer:

d. Salutation

Explanation:

A salutation is not typically included in the heading of a cover letter. The heading of a cover letter typically includes the applicant's contact information, the date, and the employer's contact information.

Answer:

C

Explanation:

Suppose that Sheffield Corp. produced and sold 4800 laptop computers during 2022. It reported $137800 cash provided by operating activities. In order to maintain production at 4800 laptops, Sheffield invested in $9120 in equipment. Sheffield paid $1480 in dividends. What is Sheffield's free cash flow?



$137800


$148400


$144800


$127200

Answers

Suppose that Sheffield Corp. produced and sold 4800 laptop computers during 2022. Sheffield's free cash flow is $127200.

Free cash flow

Free cash flow

Cash provided by operating activities $137,800

Less Investment  in equipment $9120

Less Dividends $1480

Free cash flow $127200

Therefore the correct option is d. $127200.

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It is very difficult for small businesses to be successful. The Small Business Administration estimates that 20 percent will dissolve or go bankrupt within two years. A sample of 50 new businesses is selected. a. What is the mean and standard deviation of this distribution? b.What is the probability that more than 16 in the sample will go bankrupt? c. What is the probability that exactly 14 will go bankrupt? d.What is the probability that between 7 and 9 businesses will go bankrupt? e. What is the probability that between 7 and 15 businesses will go bankrupt?

Answers

A) Mean and standard deviation of this distribution :

   Mean = 10,  Std = 2.82843

B) Probability of >16 in sample will be bankrupt : 0.01444

C) Probability that exactly 14 will go bankrupt : 0.04986

D) P( x = 7, 9 ) = 0.0878

E) P( x = 7, 15 ) = 0.0757

Analysis of the Problems

n = 50

p = 20/100 = 1/5.

q = 4 / 5

Applying binomial distribution to determine the mean and std

A) Mean = E(x) = n * p

                        = 50 * 1/5 = 10

   Standard deviation = [tex]\sqrt{np(1-p)}[/tex]  =  [tex]\sqrt{8}[/tex]  ≈ 2.82843

B) P( x >16 )

∑[tex]50k=17P(X=k)=\sum50k=17 \binom{50}{k}( k50​ )4^{50-k} /5^{50}[/tex] =  0.01444.

C) Probability of ( x = 14 )

[tex]P(X=14)=\binom{50}{14}[/tex] *  4^36 / 5^50  ≈ 0.04986.

Applying the same formula to resolve options D and E

Hence we can conclude that the answers to your questions areas listed above:

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In the context of corporate social responsibility, _____ responsibilities are to obey local, state, federal, and relevant international laws.


a.
moral


b.
legal


c.
economic


d.
philanthropic


e.
ethical

Answers

Answer:

b. legal

In the context of corporate social responsibility, legal responsibilities are to obey local, state, federal, and relevant international laws.

Explanation:

hope it helps

1. For each case, determine the maximum quantity of money generated in the
economy after all rounds of leading are completed. Show all your work.
a. Reserve requirement is 10% and excess reserves are $11 million
b. Reserve requirement is 5% and excess reserves are $13 million
c. Reserve requirement is 2% and excess reserves are $7 million

Answers

Reserve requirement is 10% and excess reserves are $11 million is $122.2 million. Reserve requirement is 5% and excess reserves are $13 million is  $273.6 million. Reserve requirement is 2 % and excess reserves are $7 million is $357 million.

What is money generated?

In the form of bank deposits, or the figures that show up in your account, banks produce the majority of the money that circulates in our economy.

(a) Excess reserve, the balance of the entire deposit remaining after the reserve requirement of 10% has been met. Therefore, $11 million represents 90% of the total deposit. 11+(11×10%) The entire amount of the deposit will be $12.22 million.

The money multiplier determines how much money is generated.

Money Multiplier = 1/10% of Reserve Ratio = 10

Therefore, Quantity of money generated= $12.22 million * 10 = $122.2 million.

(b) Excess reserve, the balance of the entire deposit remaining after the reserve requirement of 5% has been met. Since $13 million represents 95% of the total deposit,13+(13×5%) There will be a total deposit of $13.68 million.

The money multiplier determines how much money is generated.

Money Multiplier = 1/5 Reserve Ratio = 20

Therefore, Quantity of money generated=$13.68 million * 20 = $273.6 million.

(c) Excess reserve, the remaining balance of the total deposit after the reserve requirement of 2% has been subtracted. 98 percent of the total deposit is therefore $7 million. 17+(17×2%) Therefore, the overall deposit will be $7.14 million.

The money multiplier determines the amount of money that is produced.

Money Multiplier = 1 / Reserve Ratio = 0.5 % = 50

Therefore, Quantity of money generated=$7.14 million * 50 = $357 million

As a result, option (a)  $122.2 million (b) $273.6 million (c) $357 million is an accurate answer.

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When an individual pays the full cost of disability income insurance, a disabled employee’s benefit will be:

A
Taxable in part, up to 60% of the employee’s pretax wage

B
Nontaxable up to 60% of the employee’s pretax wage

C
Taxable in full, regardless of the employee’s wage

D
Nontaxable in full, regardless of the employee’s wage

Answers

When an individual pays the full cost of disability income insurance, a disabled employee’s benefit will be Non-taxable in full, regardless of the employee’s wage. Thus the correct answer is D.

What is disability income insurance?

Disability income insurance is an additional coverage created to safeguard policyholders in the event that they are unable to work as a result of an accident or illness.

When a policyholder is unable to work, disability income payments provide a monthly income to help with living expenses. When an employee pays the complete cost of disability insurance, then disabled benefits will be nontaxable in full despite of wages of employees.

Therefore, option D will be appropriate.

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Pork barrel projects are approved because they do what?
A. Pay for the provision of public goods
B. Help politicians win support from their constituents
C. Provide support for the poor and the elderly
D. Provide funding for antitrust enforcement
SUBMIT

Answers

Hello!!
It’s number ,c hope this helps
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One car travels 30 meters east in 5 seconds. A second car travels 42 meters west in 7 seconds. During their respective periods of travel, the cars must have had the same _______________. What caused the violent events at Wounded Knee in December 1890? Select all that apply. When Yum Brands (which owns KFC, Taco Bell, and Pizza Hut) entered China, it had to spend heavily to establish itself in that market. What would be a disadvantage of Yum Brands' large-scale entry into China Can not be bothered to write the question so ima just attach it A responsibility of a salesperson as a client relationship manager is to assist customers identify problems, offering information about potential solutions, and providing after-sale service to make sure that they have long-term satisfaction. The phrase often used to describe this is _____. How would I combine celebrities and everyday objects in one pop art drawing? Can someone please help me with this Ecosystems change when _______. a. living components of an ecosystem change b. nonliving components of an ecosystem change c. their stability is disrupted d. all of the above please select the best answer from the choices provided a b c d will give brainliest Consider a sample with data values of 27, 25, 20, 15, 30, 34, 28, and 25. Compute the 21st, 26th, 65th, and 75th percentiles. If needed, round your answers to two decimal digits. Percentile Value 21% 26% 65% 75% Anybody knows the answer?. Rudolph the Reindeer has a red nose (n), which is a recessive trait. Betsy the Reindeer has a black nose (N), which is a dominant trait, and she does not carry the recessive allele. Assume the rules of human genetics also apply to reindeer.A. Either NN or NnB. NnC. NND. nn What is the axis of symmetry and vertex for the function f(x)=3(x-2)^2+4? Which of the following is an example of a combination?A. Selecting the best cake and runner-up best cake from a cakedecorating competitionB. Selecting 5 CDs to take with you on a trip from a collection of 30CDsC. The number of orders in which 6 people can arrive at a party if noone arrives at the same timeD. The number of orders in which triplets can be born If you are willing to sell a stock of Summer Drive Inc. and wish to receive the option premium you should: helpp. The Eiffel Tower in Paris, France is 1063 feet tall. If you took an elevator 3/4 the way up the tower, how far from the ground would you be in feet? In most change situations, there are factors that will make the job of change more difficult and others that seem to ease the change process. The process by which the manager identifies, evaluates and tries to minimize as many of the forces against change as possible is called Next year's earnings are estimated to be $3. The company plans to reinvest 25% of its earnings at 20%. If the cost of equity is 9%, what is the present value of growth opportunities If a hypothesis is supported by data from repeated experiments, it is proven to be true. A man ordered 5 times as many boxes of ballpoint pens as boxes of felt-tip pens. Ballpoint pens cost $4.33 per box, and felt-point pens cost $3.42. If the mans order of pens totaled $75.21, how many boxes of each type of pen did he buy