Behavior is perceived differently from culture to culture is true.
Culture is an umbrella term that encompasses the social conduct, establishments, and norms found in human societies, in addition to the understanding, ideals, arts, legal guidelines, customs, competencies, and behavior of the people in these businesses. way of life is often originated from or attributed to a specific region or place.
Lifestyle may be defined as all of the approaches of existence such as arts, beliefs and institutions of a populace which are exceeded down from generation to era. tradition has been referred to as "the manner of existence for an entire society." As such, it consists of codes of manners, get dressed, language, religion, rituals, artwork.
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which of the following statements about systematic and unsystematic risk is least accurate? statement 1: total risk equals market risk plus firm-specific risk. statement 2: the unsystematic risk for a specific firm is similar to the unsystematic risk for other firms in the same industry. statement 3: as an investor increases the number of stocks in a portfolio, the systematic risk will remain constant.
The following statements about systematic and unsystematic risk is least accurate that total risk equals market risk plus firm-specific risk.
The sum of systematic (market) and unsystematic (company-specific) risks is the total risk. The unsystematic risk for a particular company is distinct from the unsystematic risk for other businesses operating in the same sector.
Firm-specific or unique risks, such as corporate, financial, or credit risks, are referred to as unsystematic risks. The majority of the time, systematic risk cannot be completely removed and remains mostly constant regardless of the number of assets in a portfolio; however, the unsystematic risk may be decreased by adding securities to a portfolio.
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use the following selected information from corolla to determine the year 1 and year 2 trend percentages for net sales using year 1 as the base.
119.5% for Year 2 and 100.0% for Year 1. Net sales are calculated by subtracting a company's gross sales from its returns, allowances, and discounts.
Externally, net sales calculations are not always transparent. They are frequently included in the reporting of top-line revenues on the income statement. You can subtract all other deductions, such as discounts, returns, and allowances, from the total number of sales. For example, if your gross sales are $100,000, your net sales are $96,000 minus $2,000 in sales discounts, $1,000 in sales allowances, and $1,000 in sales returns. Net sales are total revenue minus sales returns, allowances, and discounts.
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For each of the three independent situations determine the amount of cash received from the customers and prepare journal entries that summarize the selling and collection activities for the reporting period. All dollars are in millions. nts Complete this question by entering your answers in the tabs below
For each of the three independent situations determine the amount of cash received from the customers and prepare journal entries that summarize the selling and collection activities for the reporting period. sales revenue and account receivables is $240 and $17 which is shown in the following table.
Sales revenue is the profit a company earns from supplying products or providing services. Sales and profits can, and prevalently are, employed interchangeably to describe to the very same thing in bookkeeping. It is imperative to remember that revenue is not always equate to revenue generated. The proportion of products and services sold multiplied by the unit cost is used to compute sales income. The proceeds or money that the organisation will obtain from its clientele who have subsidized their acquisition of its goods and services are known as accounts receivable (AR).
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nala inc. reported deferred tax assets and deferred tax liabilities at the end of 20x4 and at the end of 20x5. according to fasb 109, for the year ended 20x5, nala should report deferred income tax expense or benefit equal to the sum of the net changes in deferred tax assets and deferred tax liabilities. decrease in the deferred tax assets. increase in the deferred tax liabilities. amount of income tax liability, plus the sum of the net changes in deferred tax assets and deferred tax liabilities.
According to FASB 109, for the year ended 20x5, Nala should report deferred income tax expense or benefit equal to the sum of the net changes in deferred tax assets and deferred tax liabilities.
A deferred tax assets is an item on a company's record that reduces its nonexempt financial gain within the future. Such a point quality may be found once a business overpays its taxes. This cash can eventually be came back to the business within the style of tax relief.
A deferred tax liabilities is a listing on a company's record that records taxes that are owed however aren't thanks to be paid till a future date. The liability is delayed thanks to a distinction in temporal order between once the tax was increased and once it's due is to be paid.
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the mm theory with taxes implies that firms should issue maximum debt. in practice, this does not occur because: question 10 options: debt is more risky than equity. bankruptcy is a disadvantage to debt. the weighted average cost of capital is directly related to the debt-equity ratio. the weighted average cost of capital is inversely related to the debt-equity ratio. u.s. regulations require the debt-equity ratio of publicly-traded firms to be in the range of .3 to .7.
The mm theory with taxes imp-lies that firms should issue maxi-mum debt. in practice, this does not occ-ur because : bankruptcy is a dis-advantage to debt.
The Modigliani-Miller theo-rem (MM) states that the mar-ket value of a company is corr-ectly calculated as the present value of its future earn-ings and its under-lying assets, and is independent of its capital stru-cture.
The main idea of the M&M theory is that the cap-ital structure of a comp-any does not affect its over-all value.
The theory demon-strates that how a manufacturing comp-any funds its activities is less import-ant than the profitability of tho-se activities.
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Depreciation expense, loss on sale of assets and gain on retirement of debt are:
multiple choice
always reported on the statement of cash flows using the direct method.
never reported on the statement of cash flows using the direct method.
Depreciation expenses, loss on sale of assets, and gain on retirement of debt are never reported on the statement of cash flows using the direct method.
Under the direct method, only specific cash flows activities associated with items that affect cash flows are presented in the statement of cash flows. Those typical items include:
Cash collected from customersInterest and dividend receivedCash paid to employees and suppliersInterest and income taxes paidDirect method reveals the operating cash receipts and payments, unlike the indirect method. Any other account such as depreciation and amortization, loss on sale of assets, and gain on retirement of debt will be recorded under the Reconciliation of net income to net cash provided by operating activities, separated from the Statement of Cash flows.
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According to the monopoly audio vnus lecture from Professor Torres. If an elderly person needed to have stable income then owning a dividend paying monopoly stock like an electricity company or a local water company that pumps water to houses would be a good investment income strategy Now Please do not think about the PGE monopoly when you think about this question is so sad but POSE is the only electric monopoly in the entire nation that had to file for technical bankruptcy twice during the last several years due to gross mismanagement and political corruption
If an elderly person needed to have stable income then owning a dividend paying monopoly stock would be a good investment income strategy. This statement is true.
A Monopoly variation called Monopoly: Stock Exchange includes stock trading and manipulation. Now, numerous people can own stock in a corporation (property), as opposed to just one player.
The person holding a simple majority of the company's equity is the president. You can create a monopoly if you become the leader of a group of businesses.
Monopolies may be detrimental to consumers, but they benefit investors. It's a smart idea to invest in a firm with a sizable market share, particularly in a sizable and expanding market.
It's a smart idea to invest in a firm with a sizable market share, particularly in a sizable and expanding market. These businesses typically have enormous profit margins and vast economic moats since their monopolistic status tends to keep out competitors, leaving any regulatory problems aside.
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which statements are true regarding investment advisory contracts under the uniform securities act? i assignment of the contract is not permitted unless the customer consents ii if the investment adviser is a partnership, the death or withdrawal of a majority of the partners constitutes an assignment iii if the investment adviser is a partnership, the death or withdrawal of a minority of the partners constitutes an assignment
The statements are true regarding investments advisory contracts under the Uniform Securities Act is if the investment adviser is a partnership, the death or withdrawal of a majority of the partners constitutes an assignment.
It is correct that an investment advising contract cannot be assigned without the client's approval (after all, the client chose a certain company to serve as the adviser because of that firm's experience; he does not want someone else to handle his assets without his agreement!).
If the investment adviser is a partnership, an assignment occurs when a majority of the partners pass away or leave the business. A minority of the partners leaving or dying, however, does not amount to an assignment. Finally, if the investment adviser is a partnership, every change in the membership of the partnership must be disclosed to the client within a reasonable amount of time.
Hence the correct option is II
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perform a horizontal analysis providing both the amount and percentage change. (round percentage answers to 1 decimal place. decreases should be indicated by a minus sign.) year 2021 2020 cash $ 272,640 $ 710,000 accounts receivable 274,010 110,000 inventory 691,740 610,000 long-term assets 3,246,490 2,210,000 total assets $ 4,484,880 $ 3,640,000
Horizontal analysis, also known as trend analysis, examines an organization's positive or negative trends by examining financial statements from multiple years.
The company reported a $1.1 million capitalization in long-term assets, despite a significant decrease in cash of -$521,240, or 168.8%. a 48.1% increase from the previous year. Inventory and accounts receivable showed positive trends, rising by 150,000.3% and 16,000%, respectively, over the previous period.
A bookkeeper, in any case, would additionally explore the development in debt claims to guarantee that the development is happening through development in deals and not through delinquent and easing back receivable turnover.
Long-term assets 1,120,730 48.1% Total assets 1,051,769 25.5% Cash -521,240 -168.8% Accounts receivable 345,690 150.3% Inventory 106,589 14.6%.
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Which of the following statements regarding organizational culture and its impact on the firm is accurate?
a. Strong organizational cultures are always a strategic advantage.
b. Having a culture that fits with the company leads to good company performance, but having a culture that does not fit has no impact.
c. Organizational cultures that are hard to imitate can create a competitive advantage for a firm.
d. Organizational culture is an effective control mechanism for dictating employee job attitudes.
Organizational cultures that are hard to imitate can create a competitive advantage for a firm regarding organizational culture and its impact on the firm is accurate. Thus, option (c) is correct.
What is culture?The term “culture” describes society's entire life, such as dress code, language, religion, rituals, and artistic standards as a result. The culture depends on area, location, country, and the group of people's behavior.
According to the organizational culture is the good for the impact on the firm. Firm increase the value in the market and also the competitive advantage for a firm. The organizational culture is included in the different aspects.
Therefore, option (c) is correct.
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When High Horizon LLC was formed, Maude contributed the following assets in exchange for a 25 percent capital and profits interest in the LLC: Fair Market Basis Value Maude: Cash Land* $ 38,250 38,250 111,000 364,000 Totals $149,250 $402,250 Nonrecourse debt secured by the land equals $177,500 James, Harold, and Jenny each contributed $224,750 in cash for a 25 percent profits and capital interest. (Leave no answer blank. Enter zero if applicable.) a. How much gain or loss will Maude and the other members recognize? Maude James Harold Jenny Gain or loss recognized
Gain or Loss Maude and others recognize are
Gain/loss recognized:
Maude-$0
James-$0
Harold-$0
Jenny-$0
None recognize gain because debt relief is not an excess of interest basis in interest paid.
In well-known, debt that enables you to attain your desires, like owning a domestic, procuring school, or beginning a commercial enterprise, might be taken into consideration well. appropriate debt can also assist you to construct credit if you've practiced responsible credit use through the years—and if that account hobby is pronounced to credit score bureaus.
Fairness market. while the credit market gives traders a danger to invest in company or customer debt, the equity marketplace offers investors a danger to invest within the fairness of a company. as instance, if an investor buys a bond from a corporation, they are lending the corporation cash and making an investment in the credit score market.
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the interest rate on overnight loans from one bank to another is the discount rate . part 2 reserve requirements are the most important policy tool the fed has for controlling the money supply.
The interest rate on overnight loans from one bank to another is the discount rate. Reserve requirements are the most important policy tool the FED has for controlling the money supply.
In a discounted cash flow (DCF) analysis, the interest rate used to calculate the present value of future cash flows is known as the discount rate. This aids in determining if the present-day capital outlay required to support a project or investment will be greater than the value of the projected future cash flows from that project or investment.
When the Fed wants other interest rates to increase, it will boost the discount rate. The contractionary monetary policy that central banks employ to lower inflation is known as such. Additionally, this strategy decreases the amount of money available and lowers lending, which slows (contracts) economic development.
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which of the following guidelines should be followed by a trainer in order to provide uncompromising customer service to his clients?
the correct answer of the given question is Obsess over developing artistic methods to help clients.
A personal trainer creates and implements safe and effective training regimens for people who look to be in good health or who have received a medical clearance to exercise. They motivate clients by helping them set goals, offering frank feedback, and acting as a trustworthy source of responsibility.
Trainers also conduct a number of tests, beginning with a pre-participation health screening, and may assess a client's posture, movement, flexibility, balance, core function, cardio-respiratory fitness, muscular fitness, body composition, and skill-related parameters (such as power, agility, coordination, speed, and reactivity), in order to observe and gather the information required for developing an efficient exercise program and assisting in the achievement of goals.
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Which of the following must be included in the notes to the financial statements in a company's summary of significant accounting policies?
a. Description of current year equity transactions.
b. Summary of long-term debt outstandting
c. Shedule of fixed assets.
d. Revenue recognition policies.
The word "policy" should be included in the list of major accounting policies. The sole policy among the options is the one pertaining to revenue recognition. The correct answer is option (D).
What is Revenue Recognition?The goal of revenue recognition is to determine when a company has truly made money. Revenue is typically recorded whenever the performance requirements are deemed satisfied, and the organization can easily quantify the financial amount.
The commitment to offer a consumer a "unique" commodity or service is known as a performance obligation. Although it can appear straightforward at first, whether or not a performance obligation is regarded met depends on a number of different things. A company's financial reporting accuracy directly depends on accurate revenue recognition, hence it is essential.
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Itak Company transferred an old asset with a $44,300 adjusted tax basis in exchange for a new asset worth $48,000 and $3,000 cash. Which of the following statements is false? a. If the exchange is taxable, Itak recognizes a $6,700 gain. b. If the exchange is nontaxable, Itak recognizes a $3,000 gain. c. If the exchange is nontaxable, Itak's tax basis in the new asset is $44,300. d. None of the statements is false.
Correct answer: Option D) None of the statements is false itself is a false statement .
Gain on Exchange of like kind business / investment real property are not recognized until there is a exception case.
Exception is that is any boot is also received in exchange along with property , the gain arised on exchange will be recognized to the extent of lower of 1) capital gain realized 2) boot received.
Here capital gain realized will be $48,000 + $3,000 - $44,300 = $ 6,700 gain.
This gain will be recognized to the extent of lower of the following:
$6,700 or $3,000 = lower = $3,000 gain recognized
Itak basis for new property = adjusted basis of property given up - boot received + gain recognized
= 44,300 - 3000 + 3000
= $ 44,300 basis of new property.
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Describe the meaning of internet of things (IOT). And provide two examples of
everyday devices and explain how its related to the concept of IOT.
Answer:
Below
Explanation:
The internet of things, or IoT, refers to the connection of devices, such as everyday objects or appliances, to the internet. This allows these devices to send and receive data, and can enable them to be controlled and monitored remotely.
Two examples of everyday devices that are related to the concept of IoT are smart thermostats and smart speakers. A smart thermostat is a device that can be connected to the internet and controlled using a smartphone app. This allows users to adjust their home's temperature remotely, as well as set automatic temperature schedules based on their preferences.
A smart speaker, is another example of an IoT device. These devices can be connected to the internet and controlled using voice commands. They can be used to play music, provide information, and control other smart devices in the home, such as lights or thermostats.
Overall, the concept of IoT refers to the ability of everyday objects to connect to the internet and communicate with each other, enabling greater control and automation of our daily lives.
if the majority of workers at a facility choose union representation, then the union negotiates for the employees. if the union representative negotiates a raise for its members, then
a. only union members get a raise
b. only employees get more money
c. non-members can negotiate theselves
If the majority of workers at a facility choose union representation, then the union negotiates for the employees. if the union representative negotiates a raise for its members, then all employees get more money,
What is union simple definition?
In general term, union refer an organization made up of members (a membership-based organization) and its membership must be made up mainly of workers.
Here we need to find if the majority of workers at a facility choose union representation, then the union negotiates for the employees. if the union representative negotiates a raise for its members, then what must the result of the income.
While we looking into the given situation, we have identified that the majority of workers at a facility choose union representation.
And we also know that the union representative negotiates a raise for its members then the production must be increased then the payment will also be increased.
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In economic development terminology, smart growth refers to the construction, maintenance, and innovation of information technology systems into new and existing neighborhoods and cities to increase efficiency and reduce the carbon footprint. (268)
a. True
b. False
False
"an urban planning and transportation theory that concentrates growth in the center of a city to avoid urban sprawl; and advocates compact, transit-oriented, walkable, bicycle-friendly land us, including mixed-use development with a range of housing choices. "= not information technology.
In the given case of economic development terminology and the carbon footprint.
The statements provided are False
The four main sources of carbon emissions are transportation, residential energy, consumption, and food. Meat in particular is a problem because food has a significant impact on carbon footprints. Beef is one of the main contributors to the substantial quantity of greenhouse gas emissions caused by livestock.With a staggering 75.6% (37.6 GtCO2e) global share, energy consumption is by far the major source of human-caused greenhouse gas emissions. Transportation, electricity and heat, buildings, manufacturing, construction, fugitive emissions, and other fuel combustion are all included in the energy sector.To know more about Carbon footprint here
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at the beginning of the year, mitchum enterprises allows for estimated uncollectible accounts of $16,600. by the end of the year, actual bad debts total $19,000. record the write-off to uncollectible account
At the beginning of the year, mitchum enterprises allows for estimated uncollectible accounts of $16,600. by the end of the year, actual bad debts total $19,000. Record the write-off to uncollectible account. Following the write-off, the balance of Allowance for Uncollectible Accounts is $2,400.
Uncollectible accounts, commonly referred to as bad debts, are obligations owed by individuals to a company. They are receivables with almost no value because they won't be paid back.
The balance of Allowance for Uncollectible Accounts can be calculate as follows
The balance of Allowance for Uncollectible Accounts = Actual bad debts - Beginning balance in Uncollectible
The balance of Allowance for Uncollectible Accounts = $19,000 - $16,600
The balance of Allowance for Uncollectible Accounts = $2,400 debit
your question is incomplete but most probably your full question was
At the beginning of the year, mitchum enterprises allows for estimated uncollectible accounts of $16,600. by the end of the year, actual bad debts total $19,000. Record the write-off to uncollectible account. Following the write-off, what is the balance of Allowance for Uncollectible Accounts?
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the appropriate discount rate for the following cash flows is an 8 percent apr compounded quarterly.
PV in total is $2,736.39
How do you figure up the cash flow discount rate?The discounted cash flow (DCF) formula is the sum of the cash flow for each period divided by one plus the discount rate (WACC) raised to the power of the period number.
Providing the following details:
Annual Cash Flow
1 $ 870\s2 950\s3 0\s4 1,540
We must first determine the actual annual discount rate:
Discount rate each quarter = 0.08/4 = 0.02.
Real annual interest rate is equal to [(1+i)n]. - 1
Real annual interest rate is equal to [(1.024) - 1].
Rate of real yearly interest = 0.08243
We can now determine the cash flows' present value:
PV = Cf/(1 + I ) n
Year 1= 870/1.08243= 803.75
Year 2= 950/1.08243^2= 810.82
Year 4= 1,540/1.08243^4= 1,121.82
PV in total is $2,736.39
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Based on the following production and sales estimates for May for Heron Company, determine the number of units expected to be manufactured in May. Estimated inventory (units), May 1 30,000 Desired inventory (units), May 31 25,000 Expected sales volume (units) South region 20,000 West region 40,000 North region 20,000 Unit sales price $10 0.75,000 mit b. 85,00) G 105,000 units d. 10,000 units
Count the number of items that should be produced in May. Inventory (units) estimated as of May 1: 30,000. preferred stock 85,000 units were produced.
What does inventory mean?Inventory refers to all the products, services, and supplies that a business keeps on hand with the intention of reselling them for a profit. Example: Only the article will be regarded as inventory if a newspaper supplier utilizes a vehicle to distribute newspapers to clients. The car will be considered an asset.
Briefing
Estimated inventory (units), May 1= 20,000
Desired inventory (units), May 31= 15,000
Expected sales volume (units):
South region 30,000
West region 40,000
North region 20,000
To calculate the number of units to be produced, we need to use the following formula:
Production= sales + desired ending inventory - beginning inventory
Production= 90,000 + 15,000 - 20,000
Production= 85,000
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in response to the deep economic downturn in the us in 2008 and 2009, the us group of answer choices reduced taxes. increased government spending. all of the above are correct. increased the supply of money.
D. The information above is correct
Give a brief summary of the US economy's countdown?The most prolonged economic downturn since World War II lasted from December 2007 to June 2009. The duration of the Great Recession, which started in December 2007 and ended in June 2009, was the longest since World War II. In addition to its length, the Great Recession was notably harsh in a number of ways.
What led to the economic crisis between 2008 and 2009?Falling US housing values and an increase in the number of borrowers unable to make loan payments were the GFC's main causes. Around the middle of 2006, the number of newly constructed homes for sale in several places in the United States reached its peak.
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given zero-coupon bond yields are 2.0%, 2.5%, and 2.8% in years 1, 2, and 3, respectively, calculate the prepaid swap price for corn. assume corn forward prices for the proceeding 3 years are $5.00, $5.20, and $5.35, respectively. group of answer choices $14.78 $15.04 $16.12 $16.20
The prepaid SWAP price Corn is $14.78.
The prepaid SWAP price Corn
= $5 / (1 + 0.02) + $5.2 / (1 + 0.025)2 + $5.35 / (1 + 0.028)3
= $5 / 1.02 + $5.2 / 1.05 + $5.35 / 1.086
= $14.78
A swap is a by-product contract via which parties alternate the coins flows or liabilities from exclusive monetary contraptions. maximum swaps involve cash flows based totally on a notional predominant quantity including a loan or bond, despite the fact that the device may be almost whatever.
Swap refers to an change of 1 financial device for every other among the parties concerned. This change takes location at a predetermined time, as specified within the contract. Description: Swaps are not change oriented and are traded over the counter, normally the dealing are oriented via banks.
Swaps are by-product contraptions that constitute an agreement among parties to change a sequence of coins flows over a particular period of time. Swaps offer exquisite flexibility in designing and structuring contracts primarily based on mutual agreement.
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Assuming constant inventory quantities, which of the following inventory-costing methods will produce a higher inventory turnover ratio in an inflationary economy? Multiple Choice a. LIFO (last in, first out).
b. Moving average. c. Weighted average. d. FIFO (first in, first out).
Option d is Correct. In an inflationary economy, FIFO is the inventory-costing approach that will result in a greater inventory turnover ratio, presuming stable inventory amounts (first in, first out).
When an economy is described as being inflationary, it suggests that prices are generally growing swiftly. The FIFO approach should not be used by a business when inflation is high because it will cause it to exaggerate its profit and understate its COGS. In the end, they might even sell their goods for less than their actual cost. For instance, suppose the business purchased 100 units in January for $10 each with the intention of selling them for $20 more.
However, because the rate of inflation is so high—for example, 15%—the price of the same units when the corporation next purchases them will have significantly increased. If they purchased 50 units in July, they most likely paid $11 each unit. Instead of getting a 20% gross profit when the corporation sells the units for $12, they will only make a gross profit of roughly 10-13%. Imagine how much worse things would be if inflation was 50% rather than 15%. Always employ the LIFO approach when there is high inflation. Businesses that adopt the FIFO strategy in an economy with high inflation will not be eager to sell many units.
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Under the Uniform Securities Act, prepaid advisory fees
1. must be detailed in the advisory contract
2. may not exceed 2% of the customer's deposited assets
3. in excess of $500 for 6 months or more of service require the adviser's balance sheet to be included in the brochure
4. may never be accepted1 & 3
Option 1 and 3 are correct. Under the Uniform Securities Act, prepaid advisory fees,
must be detailed in the advisory contractin excess of $500 for 6 months or more of service require the adviser's balance sheet to be included in the brochureThe Uniform Securities Act is a model regulation made as a beginning stage for state-level protections guideline. The motivation behind the Uniform Securities Act is to manage protections misrepresentation at the state level and to help the Securities and Exchange Commission (SEC) in implementation and guideline
Since not all ventures are covered governmentally and not all speculation vendors are enrolled at the administrative level, the SEC can't safeguard all financial backers and seek after all security infringement. This made the requirement for state-level guidelines, for example, the Uniform Securities Act to additionally safeguard financial backers. Each state has its own security regulations casually alluded to as the "blue sky laws."
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Use AutoFilter to filter the query results first to show only records where value in the Department field is Economics and the value in the Credits field is 4.
The way to use AutoFilter to filter the query results first to show only records where value in the Department field is Economics and the value in the Credits field is 4 is given below
You chose the Department column's top arrow in the Access Table. You selected the (Select All) checkbox, the Economics checkbox, and the OK button in the Table Column Filter's right-click menu. You choose the arrow at the top of the Credits column in the Access Table. You selected the 4 checkbox, the (Select All) checkbox, and the OK button in the Table Column Filter right-click menu.How do I filter Excel query results?Open the query in Datasheet View, select a filter option by clicking the down arrow at the top of a column.
Therefore, a person can use filters to only print particular records from a report, table, or query, as well as to display specified records in a form, report, query, or datasheet. You can restrict the data in a view by applying a filter without changing the design of the underlying object.
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ed, who is single, owns a personal residence in the city. He also owns a condo near the ocean. He uses the condo as a vacation home. In March, he borrowed $50,000 on a home equity loan and used the proceeds to acquire a luxury automobile. During the year, he paid the following amounts of interest. On his personal residence $15,500 On his condo 6,200 On the home equity loan 4,800 On credit card obligations 1,700 What amount, if any, must Ted recognize as an AMT adjustment in 2018? a. $0 b. $4,800 c. $6,200 d. $11,000
Ted recognises an AMT adjustment of $4,800 for the calendar year 2018.
A minimum tax known as the AMT can be used in place of standard taxes. Rate. The AMT is a tax levied on "adjusted total income" in a fiscal year (FY) where the tax on ordinary income is lower than the AMT on Adjusted total income. Therefore, regardless of regular tax, taxpayers to whom AMT provisions apply must pay AMT.
AMT accepts T's condo and home as acceptable interest payments for a total of $21,700 ($15,500+$6,200).
The combined interest for T's home equity loan, basic taxes, mortgage interest on his house and condo, and interest on all of the individual loans would total $21,700, which is less than the $26,500 total interest that would be applicable.
$26500-$21,700 = $4,800
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game theory is: a view on the development of children's games and toys. the analysis of market forces when there is role reversal for buyers and sellers. the science of making good decisions in situations involving strategic interactions. a view on decision making when clear paths to optimum outcomes are known.
The correct answer to the given question about Game Theory is option c) The science of making good decisions in situations involving strategic interactions.
In order to imagine social scenarios with rival participants, game theory provides a theoretical framework.
It can be used to set up real-world scenarios and forecast their results in a variety of contexts, including pricing competition and product introductions, among many others.
Among many others, scenarios include the dictator game and the prisoner's dilemma.
Cooperative and non-cooperative games, zero-sum and non-zero-sum games, and simultaneous and sequential games are a few of the several varieties of game theory.
Question:
game theory is:
a) a view on the development of children's games and toys.
b) the analysis of market forces when there is role reversal for buyers and sellers.
c) the science of making good decisions in situations involving strategic interactions.
d) a view on decision making when clear paths to optimum outcomes are known.
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on june 30, manning company wrote checks to employees, totaling $1,500 for wages related to hours worked in june to provide services to its customers. which of the following describes how matisse will account for the payment to employees? multiple choice debit cash for $1,500. debit prepaid wages for $1,500. debit salaries and wages expense for $1,500. credit salaries and wages revenue for $1,500.
Matisse will account for the payment to employees debit Salaries and Wages Expense for $1,500.
A wage is charge made through an corporation to an worker for paintings achieved in a specific period of time. a few examples of salary payments include compensatory payments consisting of minimum salary, winning wage, and every year bonuses, and remunerative bills which includes prizes and tip payouts.
An worker is a employee hired via an agency to do a specific process. Employers control how employees are paid, while employees work, and how employees work. In trade, employees get advantages that contractors do not.
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banks serve as centers where many individuals can combine their money to create a large pool of .
Banks act as hubs where numerous people can pool their funds to develop substantial capital reserves.
Which type of financial firm combines funds and sells shares to the general public?An open-end investment company known as a mutual fund, which is registered with the SEC, pools money from many investors and invests it in securities like stocks, bonds, short-term money market instruments, other assets, or a combination of these, including money from many participants.
What is a reserve bank's other name?The primary beneficiaries of Reserve Bank activity are the U.S. Treasury, banks, and the general public: Since they provide commercial banks with services that are similar to those that commercial banks provide to their clients, Federal Reserve Banks are commonly referred to as "bankers' banks."
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