Your employer's responsibilities as regards keeping you safe at work include:
To provide adequate first aid and fire prevention facilitiesTo make the workplace safe - carry out risk assessments to inform you of potential hazardsTo ensure safe practices and policies are set up, implemented and followedTo ensure equipment is safe to use and training has taken placeHow are employers to keep employees safe at work ?Employers are accountable for the health and safety of all people who enter their property, including customers, suppliers, and members of the public. In addition to these obligations, there are laws for specific risks and for sectors where risks are particularly significant.
According to health and safety regulations, employers are required to evaluate workplace dangers. This entails identifying workplace activities that may result in disease or injury and taking steps to reduce the risk, or, if this is not possible, eliminate the hazard.
Additionally, they must have sufficient facilities for first aid and fire protection. Conduct risk assessments to alert you to potential hazards in the workplace. ensuring that the tools are secure to use and that training has been completed
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according ot the fundamental archetypes of leadership, a works on developing something that will benefit all the memebers in an organization
These archetypes, according to Moore, are the King/Queen, Warrior, Magician, and Lover. In essence, we can develop our own potent leadership mythology.
If we can connect with these archetypes potentials. The product managers can fall into one of four categories: business-driven, data-driven, engineering-driven, or data-driven. To make the biggest effect, choose the PM mythology that most closely matches your skill set. Find ways to challenge yourself if you play one of these positions so that you can develop a broader skill set. A notable that recurring feeling, personality trait, or event in the human experience is called an archetype.
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The following information is taken from the production budget for the first quarter:
Beginning inventory in units 600
Sales budgeted for the quarter 446000
Capacity in units of production facility 492000
How many finished goods units should be produced during the quarter if the company desires 2600 units available to start the next quarter?
448000
448600
444000
494000
In order to have 2600 units available to begin the following quarter, the company should create 428,000 completed goods units during the quarter.
Units of finished goods that should be produced are: finished goods units to be produced = inventory available for the following quarter + budgeted sales - beginning inventory = 3,200 + 426,000 - 1,200 = 428,000 428,000 units should be produced.
Inventory includes both the raw materials needed in production and the finished commodities that are offered for sale. Since inventory turnover is one of the main means of generating income and, consequently, profits for the firm's shareholders, it is one of the most significant assets a company may have. Raw materials, work-in-progress, and finished goods are the three categories of inventory. On a company's balance sheet, it is listed as a current asset.
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the process of negotiating a labor contract between a union and management is referred to as _____ .
The process of negotiating a labor contract between a union and management is referred to as collective bargaining.
Until they come to an agreement on a labor contract or reach an impasse or "impasse," your union and employer must negotiate in good faith over pay, working conditions, and other aspects of employment. If negotiations come to a standstill, the employer may impose terms and conditions as long as it first made them available to the union. Unless there are exceptional circumstances, neither party may, once the contract has been executed, modify its terms without the other party's approval. Nearly all of the conditions of an expiring contract continue to apply while the parties negotiate its replacement if it expires before the new contract is in place.
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the operations list shows group of answer choices the time expected to complete each step or operation the labor and machine requirements all are correct the steps and operations in the production cycle
All are right steps and operations in the production cycle.
The four primary things to do in the manufacturing cycle are: (1) product design; (2) planning and scheduling; (3) manufacturing operations; and (4) cost accounting.
What is the most important step of production cycle?So, scheduling is an necessary step in production planning and control. It is integral in a factory, the place many merchandise are produced at the equal time.
What is your production cycle?The manufacturing cycle is a routine set of commercial enterprise things to do and associated statistics processing operations associated with the manufacture of products. The manufacturing cycle includes four basic activities: product design, planning and scheduling, production operations, and price accounting.
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https://brainly.com/question/14293417#SPJ4easton can currently purchase the scooters it makes from another company. if the company purchases the scooters, easton would still continue to use its own logo, sales staff, and advertising programs. which of the following costs would be classified as a facility-level cost?
Company president's salary. Facility-level costs are incurred to support the entire company. They are not related to any specific product, batch, or unit of product. Because these costs maintain the facility as a whole, they are frequently called facility-sustaining costs.
Precise definitions of sustainability are tough to agree on and have varied within the literature and over the years.[2][1] The concept of sustainability can be used to guide choices at the worldwide, national, and character levels (e.g. sustainable residing).[3] Sustainability is usually defined as having 3 dimensions (also known as pillars): environmental, economic, and social.[1] Many guides state that the environmental dimension (also referred to as "planetary integrity" or "ecological integrity") is the most essential,[4][5] and, in everyday usage, "sustainability" is frequently targeted on countering essential environmental issues, such as climate trade, loss of biodiversity, lack of surroundings offerings, land degradation, and air and water pollutants.
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which of these is a disadvantage associated with personal selling? multiple choice a salesperson cannot control to whom a presentation is made. there may be inconsistency in the presentation of the message from one salesperson to another. personal selling is subject to extensive federal, state, and company regulation. personal selling permits too much wasted coverage. presentations often provide little opportunity for consumer feedback.
There may be inconsistency in the presentation of the message from one salesperson to another is a disadvantage associated with personal selling. Thus, option (b) is correct.
What is personal selling?Personal selling occur when a salesperson meets with a potential customer to close a transaction. Personal selling, often known as facial expression selling, occurs when a single person, the salesman, attempts to persuade a customer to purchase a product.
According to the disadvantage of the personal selling are salesperson are the share the message on the one time to the one consumer it was not the mass and the wide level. It was the inconsistency in the presentation of the audience.
As a result, the downside of personal selling is that there may be variability in the presenting of the content from one salesman to the next. Therefore, option (b) is correct.
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if you choose a passive investing strategy, how will your portfolio look with its first allocation? mostly stocks of companies you know mostly etfs of industries you think will grow mostly empty while you decide which individual stocks you want mostly full of stocks you heard about in the news and plan on replacing lat
Dividend stocks are one of the simplest ways for investors to create passive income. As public companies generate profits, a portion of those earnings are siphoned off and funneled back to investors in the form of dividends. Investors can decide to pocket the cash or reinvest the money in additional shares.
A dividend is a distribution of income via a company to its shareholders.[1] when a business enterprise earns a profit or surplus, it is able to pay a part of the earnings as a dividend to shareholders. Any amount now not dispensed is taken to be re-invested inside the commercial enterprise (referred to as retained earnings). The modern yr earnings as well as the retained income of previous years are available for distribution; a enterprise is usually prohibited from paying a dividend out of its capital. Distribution to shareholders can be in coins (usually a deposit right into a financial institution account) or, if the company has a dividend reinvestment plan, the amount may be paid by using the issue of further stocks or by means of share repurchase.
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Elise Philips, a leading fashion designer, connects with her followers through a strong online presence, promoting her brand and discussing fashion tips through articles and videos on her personal fan page. In this case, which of the following marketing forms does Elise use?
a blog
A blog, also referred to as a weblog, is a frequently updated internet presence that is used for comments from both businesses and individuals.
What services do blogs mostly offer?So a blog's main objective is to introduce you to the right audience. Another is to drive qualified leads to the website and enhance traffic there. The more frequently and well-written your blog posts are, the more likely it is that your target audience will discover and visit your website.
What problems do bloggers face?Low content quality. The most crucial factor is poor content quality. It is your most powerful tool for grabbing and holding readers' attention. Lack of top-notch content might be a big problem. Also take into account the very real trade-off between quantity and quality.
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Which of the following situations will not result in modification of the auditor’s report because of a scope limitation?
A. Restriction imposed by the client.
B. Reliance placed on the report of another auditor.
C. Inability to obtain sufficient appropriate evidential matter.
D. Inadequacy in the accounting records.
Any constraint on the applicability of an auditor's report known as a "scope limitation" may be the result of an inability to gather enough credible information to support a particular aspect of the financial statements. These are typically enforced by the client.
Therefore, relying on reports from external auditors does not restrict the scope of the audit. Hence, option b) is correct.
An auditor's report, which is a written letter from the auditor, expresses the auditor's opinion regarding whether a company's financial statements comply with generally accepted accounting principles (GAAP) and are free of material misstatement.
Typically, the company's annual report and the independent and external audit report are both made public. Because banks and creditors desire an audit of a company's financial records before lending to them, the auditor's report is crucial.
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All of the following are EXCLUDED from the definition of an agent EXCEPT an individual who represents the issuer in the:A.sale of municipal securities to the publicB.private placement of common stockC.sale of common stock to the issuer's employeesD.sale of federal covered common stock to the public
The exemption with respect to the agent is the sale of federally covered common stock to the public
According to the issuer exemption, the issuer's issuance of securities is not regarded as a "sale" within the meaning of the Securities Act and is consequently free from the Act's registration requirements. This indicates that before offering the securities to the general public, the issuer is not required to register them with the Securities and Exchange Commission (SEC).
The corporation that issues and sells the securities to the general public, or the issuer of the securities, is exempt from this requirement. The sale of federally protected common stock as well as other securities, including bonds and notes, are covered by the issuer exemption. Its goal is to make it possible for businesses to raise money by selling securities to the general public without having to go through the time-consuming and expensive process of registering those securities with the SEC.
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Firm A has a stock price of $35, and 60% of the value of the stock is in the form of PVGO. Firm B also has a stock price of $35, but only 20% of the value of stock B is in the form of PVGO. We know that: I. Stock A will give us a higher return than Stock B. II. An investment in stock A is probably riskier than an investment in stock B. III. Stock A has higher forecast earnings growth than stock B. В. Ш only D. II and III only A. I only C. I and II only E. I, II, and III
As per the stock price, here an investment in stock A is probably riskier than an investment in stock B and the Stock A has higher forecast earnings growth than stock B.
Here we have given that the Firm A has a stock price of $35, and 60% of the value of the stock is in the form of PVGO.
And the Firm B also has a stock price of $35, but only 20% of the value of stock B is in the form of PVGO.
While we looking into the given question, we have identified that the difference between the stock price percent is calculated as,
=> 60% - 20% = 40%.
Based on these difference we have identified that in this investment in Stock A is probably riskier than an investment in Stock B and here the Stock A has a higher forecast earnings growth than Stock B.
Therefore, option (c) is correct.
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swifty company ppurchased a building on january 2 by signing a long term 516600 mortgae with monthly payments of 4428 the mortgage carries an interest rate of 8 percent
Over the course of the mortgage, $209,789.12 has been paid in interest.
What do you mean by the rate of interest?An interest rate is the sum that a lender charges a borrower for any type of debt that is granted, and it is typically stated as a percentage of the principal. The borrowed asset may be cash, a sizable item like a car or a house, or simply consumer products.
How is the interest rate figured out?The basic interest formula is as follows: Interest is equal to P, R, and T. P is the principal sum (the beginning balance). Interest rate, R (usually per year, expressed as a decimal). T = Number of intervals of time (generally one-year time periods).
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assume that pearle vision uses standard costs to control the materials in its made-to-order sunglasses. the standards call for 3 ounces of material for each pair of lenses. the standard cost per ounce of material is $12. during july, the santa clara location produced 6,000 pairs of sunglasses and used 17,750 ounces of materials. the cost of the materials during july was $12.25 per ounce, and there were no beginning or ending inventories. note: round answers to the nearest whole number, when needed. required
Ordinarily, the material is priced at $12 per ounce. In July, the Santa Clara plant produced 6,000 pairs of sunglasses using 17,750 ounces of material. The material's $12.25 per ounce price for the entire month of July had no beginning or end. In this instance, the favorable material use variance is 141000.
A flexible budget, also called a "flex" budget, is one that may be adjusted to changes in the actual amount of revenue received.
The difference between the amount of material actually used and the amount projected to be used, based on standard consumption levels and standard pricing, is known as the material usage variance. To review previous studies, this is done.
Cost of Material = 6000 * 3 * 12 = 216000
Actual Material Cost = 17,750 * 12.25 = 217437.5
Price Variance = (12.25 - 12) * 17750 = 4437.5 Unfavourable
Material Usage Variance = (6,000-17,750) * 12 = 141000 Favourable
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A partnership has the following account balances at the date of termination: Cash, $98,000; Noncash Assets, $750,000; Liabilities, $484,000; Bell, capital (50 percent of profits and losses), $170,000; Mann, capital (30 percent), $120,000; Scott, capital (20 percent), $74,000. The following transactions occur during liquidation: Noncash assets with a book value of $590,000 are sold for $490,000 in cash. A creditor reduces his claim against the partnership from $175,000 to $110,000, and this amount is paid in cash. The remaining noncash assets are sold for $130,000 in cash. The remaining liabilities of $309,000 are paid in full. Liquidation expenses of $23,000 are paid in cash. Cash remaining after the above transactions have occurred is distributed to the partners. Prepare a statement of partnership liquidation to determine how much cash each partner receives from the liquidation of the partnership. (Amounts to be deducted should be entered with a minus sign.) . BELL, MANN, AND SCOTT PARTNERSHIP Statement of Partnership Liquidation Cash Noncash Liabilities Assets Bell, Capital (50%) Mann, Capital Scott, Capital (30%) (20%) Beginning balances Sale of noncash assets Pay liabilities Sale of remaining noncash assets Pay remaining liabilities Pay liquidation expenses Subtotal Distribution to partners Ending balances
Requirement asked:
follow the numbers as:
1. Cash
2. Non Cash Assets
3. Liabilities
4. Bell Capital
5. Mann Capital
6. Scott, Capital
*Beginning balances
$98,000$750,000 $484,000$170,000 $120,000$74,000*Sale of non cash assets
$490,000 ($590,000)($50,000)($30,000)($20,000)*Pay liabilities
($110,000)($175,000)$32,500$19,500$13,000*Sale of remaining non
cash assets
$130,000 ($160,000)$15,000$9,000$6,000*Pay remaining liabilities
($309,000)($309,000)*Pay liquidation expense
($23,000)($11,500)($6,900)($4,600)*Subtotal
$276,000$0$0$126,000$93,600$56,400Distribution to partner
($276,000)($126,000) ($93,600)($56,400)*SO, total
$0$0$0$0$0$0To know more about cash, visit:
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Roberto really enjoys mingling at work functions, both to network for new contacts and simply to share stories with other interesting people. Roberto probably scores high in extroversion. openness to experience. conscientiousness. emotional stability, agreeableness
Roberto loves to mingle at professional events, both to meet new individuals and just to swap stories with other interesting people. Roberto likely has a high extroversion score.
What in personality is extroversion?Extraversion is the propensity to place emphasis on satisfaction received from sources other than oneself. Warmth, optimism, gregariousness, and an appetite for adventure are traits of extroverts.
An example of an extrovertMany people are your buddies. New friends come readily to extroverts. This is partly because they like the energy of others and interacting with those around them. They frequently have a sizable social network and a significant number of acquaintances.
What distinguishes extraversion from extroversion?Extroversion, also referred to as extraversion, is one of the five primary characteristics that the big 5 theory of personality holds to be essential to human personality. Sociability, talkativeness, assertiveness, and excitability are traits of extroversion. People with low extroversion are not socially anxious.
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When there is inflation, the number of dollars needed to buy a representative basket of goods group of answer choices decreases, and so the value of money falls increases, and so the value of money falls. decreases, and so the value of money rises. increases, and so the value of money rises.
When there is inflation, the number of dollars needed to buy a representative basket of goods decreases, so the value of money rises.
The financial impact is on the time value of money if it reduces the value of a dollar over time. The time value of money is a concept that describes how money available to you today is worth more than money in the future.
This also assumes that you do not invest the money available to you today in equity securities, debt instruments, or bank interest. Essentially, if you have a dollar in your pocket today, that value, or value, will be lower one year from today if you keep it in your pocket.
Inflation increases the price of goods and services over time, effectively reducing the amount of goods and services you can buy with a dollar in the future as opposed to a dollar today. If wages are the same but inflation causes the cost of goods and services to increase over time, it will take a higher percentage of your income to buy the quality or future service.
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a company was replacing the single-use plastic bags with cloth bags. however, the selected fabric is on backorder and will not be in stock for three weeks. the vendor suggested using another fabric that is in stock, but it is less sturdy than the original choice. if the company decides to wait until the original fabric is available, this will change the of the project.
The price of the project will fluctuate if the company chooses to wait until the original cloth is available.
A company, sometimes known as co., is a legal designation for a group of people with a particular goal who are either naturally occurring, legally created, or a combination of both. Members of the company collaborate to accomplish clearly stated objectives.
A company can be established as a legal entity with limited liability as long as its members fulfill or fail to fulfill their obligations in accordance with the publicly proclaimed incorporation or published policy. If a business closes, it might need to be liquidated in order to discharge all outstanding debts.
Corporate groupings are the collectively registered entities that occur when two or more firms join forces and register as new businesses.
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at this step of the crm process, firms develop the ability to customize their activities to target specific customers.
Utilize analysis to build customer relationships. Customer relations is the company-wide process of nurturing positive relationships with your customers.
Customer relationships include both reactive and proactive functions performed by customer service teams.
Reactive Response is a team effort to resolve customer-reported issues. This includes tasks such as responding to customer complaints and resolving issues with the support team. Being able to solve unexpected customer blocks is critical for brands looking to build strong customer relationships.
Proactive functions are actions taken to ensure long-term relationships with customers. These efforts are designed to drive customer success by staying responsive to their evolving needs. The Customer Success team does this by providing information about products and updates, and promoting discounts and exclusive offers. This type of long-term customer relationship management helps businesses make a lasting impression on customers who ultimately remain loyal to the brand.
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The trend of federal state and local government abandoning price regulation if the possibility of competition looks promising is due to __
X-inefficiency
The trend of federal state and local government abandoning price regulation if the possibility of competition looks promising is due to X-inefficiency.
Economic gains spur entry, economic losses cause exit, and in the long run, firms in a fully competitive industry will generate no economic gains. In a sector where expansion does not affect input costs (a constant-cost sector), the long-term supply curve is horizontal. The perfectly competitive firm that maximizes profits will keep producing until the cost of its output is exactly equal to its short-term marginal cost. By generating a quantity where marginal income and marginal cost are identical, businesses can maximize their profits.
As a result, the firm's profits are maximized when it selects an output level where its marginal revenue and marginal cost are identical.
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technicians are paid a fixed amount of hours for a job based on an established average time to perform the repair is referred to as .
Technicians are paid a fixed number of hours for their jobs based on a set average time to complete a repair, known as a fixed fee.
Why flat rate is better?One of the benefits of the flat-rate model is that flat-rate pricing rewards productivity. When small businesses receive a flat fee to provide their services, they can generate more revenue by providing more services in less time.
What is manual flat rate?A flat rate manual is a list of almost any job that can be done on a vehicle in the amount of time it takes a mechanic to do the job. It is used in service workshops to determine labor costs. The customer will be charged the flat rate even if the mechanic completes the work before the flat rate expires.
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Which of the following are correct statements about the Internal rate of return? (Check the apply.) Check all that apply. A) IRR is expressed in dollars. B) If a project has a positive NPV, then the IRR is less than the hurdle rate. C) IRR reflects the time value of money. D) IRR uses accrual income as the measurement basis. E) The higher the IRR, the better.
The correct statement about the internal rate of return include, the higher the IRR, the better.
Describe IRR.In financial analysis, the internal return rate (IRR) is a statistic used to calculate the profitability of possible investments. IRR is a rate of return that, in a net present value method, reduces all cash flows' net present values (NPV) to zero.
A good IRR is what?An IRR of 20%, for instance, would be seen favorably in the field of commercial property but it's crucial to keep in mind that it's always correlated with the capital cost. An "excellent" IRR is one that exceeds the initial sum that a business has put into a project.
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Pedro, age 57, is the sole owner of his principal residence, which he has owned and occupied for 10 years. Maria, his spouse, has also lived there 10 years. He sells the house for a realized gain of $340,000. If an amount is zero, enter "0".
a. Can Pedro use the § 121 exclusion if he and Maria file a joint return? yes or no ??
If Pedro can use the § 121 exclusion, the maximum eligible amount of § 121 exclusion (before any limitations) is ?
Their realized gain is ?
and the recognized gain is ?
b. Can Pedro use the § 121 exclusion if he files a separate return? yes or no ?
What is the maximum eligible amount of the exclusion?
The recognized gain is ?
c. Assume instead that the realized gain is $550,000 and a joint return is filed.
The recognized gain is ?
d. Assume instead that the realized gain is $550,000 and separate returns are filed.
The recognized gain is ?
e. Assume same facts as in requirement (a) except that Maria and Pedro have been married for only 18 months and that she has lived in his house only since their marriage. They file a joint return.
The recognized gain is ?
In the United States, any gain from the sale of a personal use asset is taxable. 167 121 however, if taxpayers meet certain conditions, the Internal Revenue Code provides an income tax exemption.
Pedro must satisfy the ownership and use requirements, that is, he must have owned, in order to use the § 121 exclusion.
a. Replies: Yes; $500,000; $340,000; $0.
Pedro and Maria can exclude up to $500,000 from their taxes under section 121. Pedro, one of the spouses, satisfies the ownership requirement, and both fulfill the use requirement.
Gain realized: $340,000 Less: 340,000 minus 121 equals: Recognized gain: b, no money. Yes; $250,000; $90,000.
On his own return, Pedro is entitled to a maximum 121 exclusion of $250,000. Maria's separate return contains no information about the residence's sale because she does not own it.
Gain realized: $340,000 Less: 250,000 minus 121 equals: c. Acknowledged gain: $90,000 $50,000.
Pedro and Maria can be excluded for up to $500,000 at a time.
Gain realized: $550,000 Less: 500,000 minus 121 equals: Perceived gain$50,000
d. Reply: $300,000.
Pedro is entitled to a maximum exclusion of $250,000 under section 121. Maria's separate return contains no information about the residence's sale because she does not own it.
Gain realized: $550,000 Less: 250,000 minus 121 equals: Gain that was recognized was $300,000 e. $90,000.
On the off chance that a several records a joint return, the $250,000 sum is expanded to $500,000 on the off chance that the accompanying necessities are fulfilled:
The minimum ownership requirement of two years is satisfied by either spouse.
The requirement for at least two years of use is met by both spouses.
Due to the fact that one spouse sold another principal residence within the preceding two years, neither spouse is ineligible for the 121 exclusion on the sale of the current principal residence.
Only the sale of Pedro's house qualifies for the 121 exclusion. To be eligible for the exclusion, both Pedro and Maria must satisfy the use requirement, whereas only Pedro must satisfy the ownership requirement.
Gain realized: $340,000 Less: 250,000 minus 121 equals: Gain recognized: $90,000 CH13.
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in march, an investment adviser wishes to increase its annual management fee from 1% of assets annually to 1.25% of assets annually, starting the following july 1st. in order to do this:
In order to increase its annual management fee the investment adviser must amend the Form ADV filed with the State within 30 days and the adviser's customers must approve of the change by July 1st.
Any changes which are to be made to an advisory contract are considered to be a material change that must be filed as a Form ADV update with the State within 30 days. In addition, since this is a contract between the customer and the investment adviser, both parties that is the customer and the investment adviser must agree to any changes which are made to the advisory contract.
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A company determined that the budgeted cost of producing a product is $30 per unit. On June 1, there were 60,000 units on hand, the sales department budgeted sales of 225,000 units in June, and the company desires to have 90,000 units on hand on June 30. The budgeted cost of goods manufactured for June would be
The budgeted cost of goods manufactured for June would be 7650000.
In the given question, a company determined that the budgeted cost of producing a product is $30 per unit.
On June 1, there were 60,000 units on hand, the sales department budgeted sales of 225,000 units in June, and the company desires to have 90,000 units on hand on June 30.
We have to find the budgeted cost of goods manufactured for June.
Sales units 225000
Add: Desired ending inventory 90000
Less: Beginning inventory -60000
Budgeted production 255000
X Budgeted cost per unit 30
Budgeted cost of goods manufactured for June 7650000
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For each question, fill in the letter from the following list which best describes the presentation of the item on the financial statements of Helton Corporation for 2021.
a. Change in estimate
b. Prior period adjustment (not due to change in principle)
c. Retrospective type accounting change with note disclosure
d. None of these choices1. In 2021, the company changed its method of recognizing income from the completed-contract method to the percentage-of-completion method. abcd
2. At the end of 2021, an audit revealed that the corporation's allowance for doubtful accounts was too large and should be reduced to 2%. When the audit was made in 2020, the allowance seemed appropriate. abcd
3. Depreciation on a truck, acquired in 2018, was understated because the service life had been overestimated. The understatement had been made in order to show higher net income in 2019 and 2020. abcd
4. The company switched from a LIFO to a FIFO inventory valuation method during the current year. abcd
5. In the current year, the company decides to change from expensing certain costs to capitalizing these costs, due to a change in the period benefited. abcd
6. During 2021, a long-term bond with a carrying value of $3,600,000 was retired at a cost of $4,100,000. abcd
7. After negotiations with the IRS, income taxes for 2019 were established at $42,900. They were originally estimated to be $28,600. abcd
8. In 2021, the company incurred interest expense of $29,000 on a 20-year bond issue. abcd
9. In computing the depreciation in 2019 for equipment, an error was made which overstated income in that year $75,000. The error was discovered in 2021. abcd
10. In 2021, the company changed its method of depreciating plant assets from the double-declining balance method to the straight-line method.
For each question, fill in the letter from the following list which best describes the presentation of the item on the financial statements of Helton Corporation for 2021 is Retrospective type accounting change with note disclosure
1. In 2021, the company changed its method of recognizing income from the completed-contract method to the percentage-of-completion method. Retrospective type accounting change with note disclosure
2. At the end of 2021, an audit revealed that the corporation's allowance for doubtful accounts was too large and should be reduced to 2%. When the audit was made in 2020, the allowance seemed appropriate is Change in estimate.
3. Depreciation on a truck, acquired in 2018, was understated because the service life had been overestimated. The understatement had been made in order to show higher net income in 2019 and 2020 is Prior period adjustment (not due to change in principle)
4. The company switched from a LIFO to a FIFO inventory valuation method during the current year is Retrospective type accounting change with note disclosure.
5. In the current year, the company decides to change from expensing certain costs to capitalizing these costs, due to a change in the period benefited is Change in estimate.
6. During 2021, a long-term bond with a carrying value of $3,600,000 was retired at a cost of $4,100,000 is None of these choices
7. After negotiations with the IRS, income taxes for 2019 were established at $42,900. They were originally estimated to be $28,600 is Change in estimate.
8. In 2021, the company incurred interest expense of $29,000 on a 20-year bond issue is None of these choices
9. In computing the depreciation in 2019 for equipment, an error was made which overstated income in that year $75,000. The error was discovered in 2021 is . Prior period adjustment (not due to change in principle)
10. In 2021, the company changed its method of depreciating plant assets from the double-declining balance method to the straight-line method is Change in estimate.
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Maldonia has a comparative advantage in the production of , while Desonia has a comparative advantage in the production of Suppose that Maldonia and Desonia specialize in the production of the goods in which each has a comparative advantage. After specialization, the two countries can produce a total of million pounds of sugar and million pounds of potatoes. Suppose that Maldonia and Desonia agree to trade. Each country focuses its resources on producing only the good in which it has a comparative advantage. The countries decide to exchange 4 million pounds of potatoes for 4 million pounds of sugar. This ratio of goods is known as the price of trade between Maldonia and Desonia. The following graph shows the same PPF for Maldonia as before, as well as its initial consumption at point A. Place a black point (plus symbol) on the graph to indicate Maldonia's consumption after trade. Note: Dashed drop lines will automatically extend to both axes. Maldonia + Consumption After Trade PPF SUGAR (Millions of pounds) 0 4 28 32 8 12 16 20 24 POTATOES (Millions of pounds)
Desonia produces more potatoes than Maldonia, which has a comparative advantage in the production of sugar.
The two nations can generate 24 million pounds of sugar and 24 million production pounds of potatoes after specialization.
Reason: When producing a good with a lower opportunity cost than another country, some countries have a comparative advantage.
Producing anything is the process of mixing different inputs, both tangible (such metal, wood, glass, or polymers) and intangible (like plans or knowledge). This output should ideally be a product or service that is useful and increases people's utility. [1] Production theory, a subfield of economics that focuses on the production process, is closely tied to the consumption (or consumer) theory of the economy.
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FILL IN THE BLANK when discounting the cash flows of a project at the wacc to estimate npv, we need to find an alternative in the financial markets that is________ as the given project. multiple choice question. twice as risky the exact same half as risky in the same risk class
When discounting the cash flows of a project at the wacc to estimate npv, we need to find an alternative in the financial markets that is the exact same as the given project. (second option)
What is the NPV and WACC?The net present value is a method used to determine the profitability of a project. It entails subtracting the discounted cash inflows from the cash outflow. A project should only be carried out if the net present value is a positive value. This means that the project is profitable.
The weighted average cost of capital (WACC) is the firm's average after-tax cost of capital from all sources. The sources include debt, preferred stock and common stock.
When using the weighted average cost of capital (WACC) to determine the net present value of a project, comparable companies in terms of risk should be chosen. This means that the alternative should have the same risk .
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Components of a merchandiser's multi-step income statement are shown below. In which order would they appear on the statement?
The order would they appear on the statement is D. Net Income, Operating Income, Total Other Income and Expenses, and Gross Profit.
While working out a multi-step pay proclamation, we initially deduct the expense of items offered from the income to show up as the net benefit. The working pay is then determined in the wake of deducting every working expense. To make income before interest and duty, the functional pay has now been changed to mirror the complete other pay and costs. At last, we show up at the overall gain following the allowance of interest and expense costs.
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This question is incomplete , here I am attaching the complete question:
Components of a merchandiser's multi-step income statement are shown below. In which order would they appear on the statement?
a. Cost of goods sold
b. Net sales
c. Gross profit
d. Net income
e. Expenses
grandiose growth has a dividend growth rate of 20%. the discount rate is 10%. the end-of-year dividend will be $2 per share. what is the present value of the dividend to be paid in: (i) year 1? (ii) year 2? (iii) year 3? note: do not round intermediate calculations. round your answers to 2 decimal places. Present Value Year 1 Year 2 Year 3 $I
The dividend growth rate for grandiose growth is 20%. 10% is the discount percentage. The last dividend of the year will be $2 per share. The anticipated dividend's current value in Year 1 = 1.82, Year 2 = 2.4 Year 3 = 2.16.
A dividend is a payment made by a corporation to its shareholders that is decided by the board of directors. Quarterly dividend payments are common and can be provided in the form of cash or stock reinvestments.
Dividend Year 1, D1 = 2
PV (D1) = D1 / (1 + r)
= 2 / (1 + 10%)
= 1.82
D2 = 2 x (1 + 20%)
= 2.4
PV (D2) = D2 / (1 + r)^2
= 2.4 / 1.1^2
= 1.98
D3 = 2.4 x (1 + 20%)
= 2.88
PV (D3) = 2.88 / 1.1^3
= 2.16
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ARUN stock closed at $8.11 + $.33. Yesterday's closing price was: $8.44 $8.40 $7.78 $7.87 None of these
If ARUN stock closed at $8.11 + $.33. Yesterday's closing price was: C. $7.78.
How to find the Yesterday's closing price?Using this formula to find the Yesterday's closing price
Yesterday's closing price = Closing ARUN stock closed
Where:
Closing ARUN stock closed = $8.11 + $.33
Let plug in the formula
Yesterday's closing price = $8.11- $.33
Yesterday's closing price = $7.78
Therefore the correct option is C.
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