Which of the following capital budgeting techniques ignores firm’s objective and doesn’t consider all the cash flows of a new project?

A.
Profitability index

B.
NPV

C.
IRR and Payback period

D.
Payback period

Change can be Active, Reactive, External, or Revolutionary. All of the above. Option 5.

There are different types of changes that can occur. These changes can be categorized into various categories such as active, reactive, external, revolutionary, or all the above.

Active change: This type of change is initiated by an individual or a group who has the intention of changing something. It is also referred to as proactive change because the person or group wants to change something before it becomes a problem.

Reactive change: This type of change occurs when there is already a problem or an issue. It happens when an individual or a group reacts to a problem that has already occurred and tries to find a solution to fix it.

External change: This type of change occurs when there are external factors influencing the change. These can include factors such as economic or political conditions, market changes, technological advancements, or cultural shifts.

Revolutionary change: This type of change is a radical change that brings about a significant impact on an organization or society. It can involve a complete overhaul of the existing system and can be driven by political, economic, or social factors.

All the above: Change can be any or all of the above types.

Hence, the right answer is All of the above. Option 5.

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You should pay no more than $131.83 for the Grow On, Inc's common stock now.

The most you should pay for the Grow On, Inc's common stock now is $131.83. Here's how to solve the problem:

We can use the dividend discount model (DDM) to find the present value of the future dividend payments and calculate the intrinsic value of the stock.

DDM = Next expected dividend / (Required return on equity - Dividend growth rate)

Next expected dividend = $7.60

Dividend growth rate = 6.0%

Required return on equity = Risk-free rate + Beta x (Market return - Risk-free rate)

= 6.1% + 0.93 x (13.6% - 6.1%)

= 12.19%

DDM = $7.60 / (0.1219 - 0.06)

= $131.83

Therefore, you should pay no more than $131.83 for the Grow On, Inc's common stock now.

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The given statement provided is false, because exchange rate determines the conversion between currencies, but prices can still differ due to various factors.

According to the law of one price, in a perfectly efficient market with no transportation costs or trade barriers, identical goods should have the same price when expressed in the same currency. However, this does not mean that the price in different currencies will be equal. The exchange rate of 0.90 euros per dollar indicates that one dollar is equivalent to 0.90 euros.

Therefore, a computer that costs $1,000 in the United States would be equivalent to 900 euros in Europe (not "nothing euros"). The exchange rate determines the conversion between currencies, but prices can still differ due to various factors such as taxes, market conditions, and other economic considerations.

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--The complete question is, If transportation costs and trade barriers are low and the exchange rate is 0.90 euros per​ dollar, then according to the law of one​ price, a computer that costs​ $1,000 in the United States will cost nothing euros in Europe. ​True or False.

The given statement Information about fair value is commonly listed as an additional disclosure on the face of the financial statements is True.

True or false: Information about fair value is commonly listed as an additional disclosure on the face of the financial statements. In terms of accounting, fair value is the estimated price at which an asset or liability can be exchanged or a transaction can take place between willing and knowledgeable parties.

It reflects the present value of future cash flows expected from an asset or liability. To ensure transparency and enhance understanding for users of financial statements, fair value disclosures are commonly included in financial statements.

Information about fair value is frequently disclosed in the notes section of financial statements rather than on the face of the financial statements.

It's worth noting that while fair value disclosure is not required for all assets and liabilities, it is frequently disclosed for some of the most important ones, such as investment securities, financial derivatives, and certain debt instruments.

This can aid investors in assessing the financial condition of a company and determining its future potential. Furthermore, the Financial Accounting Standards Board (FASB) has established guidelines for disclosing fair value information, including requirements for the type of information that must be disclosed and the manner in which it must be presented.

These guidelines assist in ensuring consistency and transparency in fair value reporting across all financial statements. Conclusively, True, information about fair value is frequently listed as an additional disclosure on the notes of the financial statements rather than on the face of the financial statements.

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Western account, salaries for repair technicians and annual maintenance costs are operating expenses, while remodeling, production line improvements, and adding a sprinkler system are capital expenditures.

1. Salaries for the repair technicians, $152,000: Salaries for repair technicians are considered period costs. They should be recorded as operating expenses on the income statement for the period they were incurred.

2. Remodeling of the executive offices, $89,000: Remodeling of the executive offices is a capital expenditure and should be capitalized by Western Wholesale Foods.

3. Annual maintenance costs related to its machinery, $71,200: Annual maintenance costs related to its machinery are considered operating expenses and should be recorded as such on the income statement.

4. Improvement of the production line resulting in an increase in productivity, $38,500: The improvement of the production line that results in an increase in productivity is a capital expenditure. Western Wholesale Foods should capitalize this expenditure.

5. Addition of a sprinkler system to the manufacturing facility to reduce the risk of fire damage, $39,900: The addition of a sprinkler system to the manufacturing facility to reduce the risk of fire damage is a capital expenditure. Western Wholesale Foods should capitalize this expenditure.

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The pleasant estimate for total upkeep costs could be $696,098.24.

To estimate the full maintenance fees, we are able to use the regression evaluation consequences for both direct hard work hours and devices produced.

For the relationship between maintenance fee and direct hard work hours:

Intercept Coefficient: -9,466.87

X Variable 1 Coefficient: -5.96

To estimate the renovation cost based totally on direct hard work hours, we use the formulation:

Estimated Maintenance Cost = Intercept Coefficient + (X Variable 1 Coefficient * Direct Labor Hours)

Substituting the given fee of 100,20,625 direct labor hours:

Estimated Maintenance Cost = -9,466.87 + (-5.96 * 120,625)

Estimated Maintenance Cost = -9,466.87 - 719,650

Estimated Maintenance Cost = -729,116.87

For the relationship between protection cost and devices produced:

Intercept Coefficient: -21,810.74

X Variable 1 Coefficient: -13.95

To estimate the renovation fee-based totally on gadgets produced, we use the system:

Estimated Maintenance Cost = Intercept Coefficient + (X Variable 1 Coefficient * Units Produced)

Substituting the given price of 48,250 devices produced:

Estimated Maintenance Cost = -21,810.74 + (-13.95 * forty eight,250)

Estimated Maintenance Cost = -21,810.74 - 674,287.5

Estimated Maintenance Cost = -696,098.24

Since terrible protection prices are not realistic, we are able to forget about the poor signal and take the absolute fee of the envisioned costs.

Therefore, the pleasant estimate for total upkeep costs could be $696,098.24.

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The correct question is:

The net operating income of Rovinsky Corporation, if it sells 7,600 units, should be closest to $48,500 (option a).

To calculate the net operating income, we need to determine the contribution margin per unit. We can do this by dividing the contribution margin ($154,000) by the number of units sold (7,700 units), which gives us a contribution margin per unit of $20. The variable expenses per unit can be calculated by dividing the variable expenses ($246,400) by the number of units sold (7,700 units), resulting in variable expenses per unit of $32. Next, we can calculate the fixed expenses plus the target net operating income: $103,500 + $48,500 = $152,000. Finally, we can calculate the required sales revenue by adding the variable expenses per unit to the target net operating income per unit: $32 + $20 = $52. Therefore, the required sales revenue for 7,600 units would be $52 × 7,600 = $395,200. Since the net operating income for this level of sales is $48,500, option a ($48,500) is the closest answer.

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Answer:

did you copyright the song because i think you cant do nothing to the band being manage b your best friend will

Explanation:

Answer:

B. A permanent injunctionExplanation:

The Terms of Sale should be written in a professional way using legal terminology. It should include all contractual clauses established for customer relationships and supplier relationships. The students will write an agreement based on their business idea.

The Terms of Sale will be statements included on the website when they want to sell their product. The students must write the Terms of Sale considering the business plan they have worked on throughout the course.

The following are the statements to be included in the Terms of Sale of a website:

1. Acceptance of terms: The first statement to be included in the Terms of Sale of a website should be a statement regarding the acceptance of the terms of sale. The statement should mention that by using the website, the customer agrees to the terms and conditions of the sale.

2. Payment terms: Payment terms should be mentioned in the Terms of Sale of a website. It should include all the details about the mode of payment, the time of payment, and the amount of payment.

3. Delivery terms: The Terms of Sale should include the details about the delivery of the product. The time of delivery, mode of delivery, and delivery charges should be mentioned.

4. Return and refund policy: The Terms of Sale should mention the return and refund policy. It should include the conditions under which a product can be returned and the process of refunding the payment.

5. Product warranty: The Terms of Sale should include the details of the product warranty. It should mention the duration of the warranty, the conditions under which the warranty is applicable, and the process of claiming the warranty.

6. Limitation of liability: The Terms of Sale should include a statement of limitation of liability. It should mention that the website is not responsible for any loss or damage caused to the customer while using the product.

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The working capital is $4,500. The length of Prestipino's cash conversion cycle: It is important to first calculate the length of Prestipino’s cash conversion cycle (CCC) before answering the question of what amount of working capital must it finance.

The length of Prestipino's cash conversion cycle: It is important to first calculate the length of Prestipino’s cash conversion cycle (CCC) before answering the question of what amount of working capital must it finance. To begin, it's important to keep in mind that the CCC is the time it takes a firm to convert raw materials into cash obtained from sales. CCC=Operating Cycle - Accounts Payable Period,

and its operating cycle is calculated as Accounts Receivable Period + Inventory Conversion Period.

The formula for the operating cycle is the total time that elapses from the time when inventory is purchased to the time when the firm receives cash from the sale of the final product, with the firm using the raw materials. It's 62 days; the accounts receivable period is 40 days, and the inventory conversion period is 22 days. Thus, the CCC is calculated by subtracting the accounts payable period from the operating cycle, resulting in 32 days. The amount of working capital Prestipino must finance: To calculate the working capital needed to finance Prestipino’s production, use the following formula:

Working capital = (Average inventory + Average accounts receivable) – Average accounts payable.  

The Average inventory can be calculated using the following formula,

Average inventory = (Daily cost of production) * (Inventory conversion period).

Average inventory= $9,000 = (1,500 batteries/day) * ($6 per battery/day) * (22 days).

The Average accounts receivable can be calculated as the Daily sales amount multiplied by the Accounts Receivable Period,

which is $9,000 = (1,500 batteries/day) * ($6 per battery/day) * (40 days).

The Average accounts payable can be calculated by multiplying the cost per unit by the daily production and the Accounts Payable Period.

$3,60,000 = ($6 per battery) * (1500 batteries/day) * (30 days).

Therefore, the working capital is $4,500.

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Given that at the end of the current year, the accounts receivable account has a debit balance of $4,800,000 and sales for the year total $1,080,000.Based on this information, we can calculate the accounts receivable ratio by using the below formula.

Accounts receivable turnover ratio = Net credit sales / Average accounts receivable.Net credit sales = Total sales - Sales returns and allowancesAverage accounts receivable = (Opening accounts receivable + Closing accounts receivable) / 2.

Now, we can find out the accounts receivable turnover ratio as follows.Accounts receivable turnover ratio = $1,080,000 / [($0 + $4,800,000) / 2]

Accounts receivable turnover ratio = $1,080,000 / $2,400,000Accounts receivable turnover ratio = 0.45 times.

As per the given information, it is not possible to find out the number of days sales in receivables. However, it can be found out by using the below formula.Number of days sales in receivables = 365 days / Accounts receivable turnover ratio.Now, we can find out the number of days sales in receivables as follows.Number of days sales in receivables = 365 days / 0.45 times.Number of days sales in receivables = 811 days.Hence, the main answer is as follows:Accounts receivable turnover ratio = 0.45 times.Number of days sales in receivables = 811 days.

The accounts receivable turnover ratio is a measure of how many times a company's accounts receivable is converted to cash in a given period. This ratio measures a company's effectiveness in collecting its receivables or its ability to extend credit and collect money owed. A higher ratio indicates that a company is better at collecting its accounts receivable than a lower ratio.Accounts receivable turnover ratio = Net credit sales / Average accounts receivable.Number of days sales in receivables = 365 days / Accounts receivable turnover ratio.Based on the given information, the accounts receivable turnover ratio is calculated to be 0.45 times.

This indicates that the company's effectiveness in collecting its receivables is low, and it takes a longer time to convert its receivables into cash.The number of days sales in receivables is calculated to be 811 days. This means that the company's receivables are outstanding for an average of 811 days before they are converted to cash. This is a high number of days, which indicates that the company is taking a long time to collect its receivables.

Therefore, based on the above calculations, it can be concluded that the company needs to improve its accounts receivable management practices to reduce the number of days sales in receivables and improve its accounts receivable turnover ratio.

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If the form for producing e-stored information is not indicated in the request, the responding party must state the form in which it intends to produce the information.

This requirement ensures that both parties are aware of the format in which the electronically stored information (ESI) will be provided.

The form of production refers to how the ESI will be presented and delivered to the requesting party. It can include various formats such as paper printouts, electronic files, or access to online databases. By stating the intended form of production, the responding party clarifies the logistics and technical aspects of fulfilling the request.

This requirement is important because the form of production can have practical implications for both parties. It affects the ease of reviewing and analyzing the ESI, the ability to search and manipulate data, and the cost and efficiency of the production process. By explicitly stating the intended form of production, the responding party promotes transparency, reduces potential disputes, and allows the requesting party to assess the feasibility and compatibility of the provided format with their own systems and needs.

Overall, the requirement to state the form of production when it is not indicated in the request ensures clarity, facilitates effective communication, and enables both parties to proceed with the discovery process in a fair and efficient manner.

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Based on the cash flows and the project criteria, Project B would be chosen.

To determine which project to choose, we need to consider the payback period and the discounted payback period. The payback period is the time it takes for the initial investment to be recovered. Project A has a payback period of 2 years, which meets the criteria. However, Project B has a payback period of 3 years, which exceeds the maximum allowable payback period.

The discounted payback period considers the time it takes for the present value of cash flows to equal or exceeds the initial investment. Project A has a discounted payback period of 3 years, which meets the criteria. Project B, on the other hand, has a discounted payback period of 4 years, which exceeds the maximum allowable period.

Therefore, based on the given criteria, Project B would be chosen.

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a. Gordon’s 3 industrial revolutions that have spanned 1750 to the present are as follows:

Revolution 1: This started in the mid-1700s and lasted until the beginning of the 1800s. This period was marked by new inventions like the steam engine, spinning jenny, water frame, power loom, and other such inventions that completely transformed manufacturing and agriculture.

Revolution 2: This started in the late 1800s and lasted until the 1970s. This period saw the rise of electricity, telegraph, telephone, radio, internal combustion engine, automobile, and other such inventions that changed not only manufacturing but also communication, transportation, and farming.

Revolution 3: This started in the 1970s and has continued until the present day. This period has been characterized by new technologies, including personal computers, the Internet, smartphones, social media, and the cloud, which have transformed various industries such as information technology, communications, finance, healthcare, and many more.

b. Gordon thinks that the latest revolution will never match the 2nd because of the following reasons:

c. Whether Gordon is right or not is still a subject of debate, but many experts agree with his view that the current rate of technological progress will not lead to the same level of economic growth and productivity as in the past.

d. The new technologies that could prove Gordon wrong are as follows: 5G networks, Internet of Things, Artificial Intelligence, robotics, blockchain, renewable energy, 3D printing, and quantum computing, among others. These new technologies have the potential to transform various industries and sectors and lead to new economic growth and productivity.

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The Title of the team activity analysis paper is: Analysis of a Team Activity: Board Game Night with Friends. The paper would include: Introduction; Process of the Activity; Problems in the Activity; Personality Characteristics of Participants and Conclusion

The paper starts with an introduction part like this: team activities play a vital role in fostering social connections, enhancing collaboration, and promoting personal growth. In this paper, we will analyze a team activity in which I participated with my friends—a board game night.

The paper ends with an introduction part like this: The analysis of our board game night activity highlighted the purpose, process, challenges, conflicts, and personality characteristics of the participating members.

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The example of M2 money is option b)certificates of deposit.

M2 money refers to a broader measure of money supply that includes currency, demand deposits, savings deposits, money market securities, and certain time deposits. Among the options provided, certificates of deposit (CDs) qualify as an example of M2 money. CDs are time deposits offered by banks and financial institutions, where individuals deposit a fixed amount for a specific period at a predetermined interest rate. They are considered part of M2 money because they represent a form of savings and can be readily converted into cash or used for transactions.

The correct answer is option b) certificates of deposit. Credit cards, while facilitating transactions, do not directly represent a form of money supply. Corporate bonds are financial instruments issued by corporations to raise capital but are not considered part of M2 money as they are not readily used for transactions or as a medium of exchange.

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If an entity receives payment prior to satisfying its performance obligation under a contract, the discrepancy between when the payment is received and when the obligation is satisfied is considered an unearned revenue.

The obligation to the customer under a contract is typically fulfilled over time, and as the entity fulfills its obligations, it recognizes a portion of the revenue earned until it has fulfilled its obligations completely.In order to accurately report the revenue recognized, the revenue must be deferred or held in unearned revenue until the entity completes its obligation. When the entity satisfies the obligation, it recognizes the revenue by removing the amount of revenue from the unearned revenue account and placing it in the revenue account.

The amount of unearned revenue is usually reported on the balance sheet, where it is classified as a liability. This is because the entity has received payment from the customer but has yet to fulfill its obligations under the contract. The amount of unearned revenue is usually recognized as revenue over time or as the entity satisfies its performance obligations under the contract.

In conclusion, the discrepancy between when the payment is received and when the obligation is satisfied is considered unearned revenue, which is recognized as revenue over time or as the entity satisfies its obligations under the contract.

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a. The journal entry for the disposal of the truck, assuming it sold for $14,900 cash, would be: Accumulated Depreciation $29,100, Loss on Disposal $500, Cash $14,900, Equipment $44,000.

a. $14,900 cash,

Account Debit Credit

Accumulated Depreciation $29,100

Loss on Disposal $ 500

Cash $14,900

Equipment $44,000

The accumulated depreciation account is debited to remove the accumulated depreciation on the truck. The loss on disposal account is debited with the difference between the cash received and the carrying value of the truck ($44,000 - $14,900 = $29,100). Cash is credited with the amount received from the sale, and the equipment account is credited to remove the truck's original cost.

b. $16,000 cash,

Account Debit Credit

Accumulated Depreciation $29,100

Cash $16,000

Equipment $44,000

Gain on Disposal $ 100

The accumulated depreciation account is debited to remove the accumulated depreciation on the truck. Cash is credited with the amount received from the sale. The equipment account is credited to remove the truck's original cost. A gain on disposal account is credited with the difference between the cash received and the carrying value of the truck ($16,000 - $29,100 = $100).

c. $13,500.

Account Debit Credit

Accumulated Depreciation $29,100

Loss on Disposal $ 1,400

Cash $13,500

Equipment $44,000

The accumulated depreciation account is debited to remove the accumulated depreciation on the truck. The loss on disposal account is debited with the difference between the cash received and the carrying value of the truck ($44,000 - $13,500 = $30,500). Cash is credited with the amount received from the sale, and the equipment account is credited to remove the truck's original cost.

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Inventory can be used to maintain independence of operations  is NOT a reason for carrying inventory. The answer is OPTION B.

Profitability can be significantly impacted by inventory carrying costs, or the total amount firms spend to stock and hold goods until they are sold. Usually, this cost represents roughly 25% of the entire cost of the inventory. The numerous expenses a firm incurs for keeping goods on hand are known as carrying costs.

Taxes, insurance, personnel costs, and opportunity costs are a some examples of carrying costs. The entire cost of keeping unsold products in inventory includes all storage-related costs. The total covers storage expenses as well as intangibles like depreciation and lost opportunity cost. First, maintaining inventory on hand enables a business to accommodate any anticipated demand growth.

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The model of a price-taking firm is characterized by a few key features. The correct statement is " the price is equal to the marginal cost." Therefore, statement (b) is correct

First, the firm operates in a perfectly competitive market, which means that there are many firms in the market and none of them have any control over the price of the good or service they produce. This is because there are many substitutes available to consumers, so if one firm raises its price, consumers will simply switch to a different firm. As a result, the firm must take the market price as given and produce as much as it wants at that price.


Statement (a) is incorrect because in a perfectly competitive market, the demand curve facing each firm is perfectly elastic, not perfectly inelastic. This means that if the firm were to raise its price, it would lose all of its customers.

Statement (c) is also incorrect because price-taking firms do not have any market power. They must take the market price as given and cannot influence it in any way.

Statement (d) is correct because in a perfectly competitive market, goods or services produced by one firm are perfect substitutes for those produced by any other firm. This means that consumers are indifferent between the products of different firms and will choose whichever one is cheapest.

Statement (e) is incorrect because price-taking firms do not typically use advertising to promote their products. Since they have no market power, there is no benefit to advertising, as it will not increase their sales. Therefore statement (b) is correct

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The theory of rational expectations indicates that agents' expectations change immediately and therefore preclude the effectiveness of monetary or fiscal policy. Option(b)

Rational expectations theory assumes that individuals and firms make predictions about future economic variables based on all available information, including past data and current market conditions. According to this theory, agents have rational expectations, meaning their predictions are unbiased and efficient given the available information. If monetary or fiscal policy actions are predictable, agents incorporate these expectations into their decision-making process, which results in a quick adjustment of their behavior. As a result, the intended effects of policy changes may be anticipated and offset by agents' rational expectations, limiting the effectiveness of such policies in influencing economic outcomes. Therefore, agents' immediate adjustment of expectations precludes the desired impact of monetary or fiscal policy.

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Answer:

yes yes yes yes yes

Explanation:

There is so much pressure and things at stake that sometimes you feel like everything's gonna go wrong.

The false statement is "The break-even point is 8,000 units". This is option D.

The break-even point can be calculated using the following formula: Break-even point in units = Fixed expenses ÷ Unit contribution margin.

The total contribution margin can be calculated using the formula:Total contribution margin = Sales - Variable expenses.

Calculation of the required values is shown below:Unit contribution margin = Contribution margin ratio x Unit selling price

Unit contribution margin = 25% x $20

Unit contribution margin = $5

Total contribution margin = Sales - Variable expenses

$40,000 = $200,000 - Variable expenses

Variable expenses = $160,000

Therefore, Fixed expenses = Net operating income + Variable expenses

Fixed expenses = $10,000 + $160,000 = $170,000

Break-even point in units = Fixed expenses ÷ Unit contribution margin

Break-even point in units = $170,000 ÷ $5Break-even point in units = 34,000 units

The given statement "The break-even point is 8,000 units" is False

.Therefore, the correct option is D. The break-even point is 34,000 units.

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(a) The issuance of bonds: Marigold Company issued $180.000 of 7%, 10-year bonds at par on January 1, 2020. The journal entry to record this transaction would be:  Debt Service Fund Cash 180.000 Bonds Payable 180.000. (b) Payment of interest on July 1: The interest on Marigold Company's bonds is payable quarterly on April 1, July 1, October 1, and January 1.

The journal entry to record the payment of interest on July 1, 2020, would be:  Debt Service Fund Interest Expense 3.500 Cash 3.500. (c) Accrual of interest on December 31: The interest on Marigold Company's bonds is payable quarterly on April 1, July 1, October 1, and January 1. On December 31, 2020, Marigold Company would accrue interest expense of $3,500 ([$180,000 × 7% × 6/12]), and record the following journal entry:  Debt Service Fund Interest Expense 3.500 Accrued Interest Payable 3.500. For Swifty Company, the journal entry to record the issuance of bonds would be: Debt Service Fund Cash 132.000 Bonds Payable 132.000. Interest on Swifty Company's bonds is payable semiannually on July 1 and January 1, so no entry is required for the payment of interest on July 1. Finally, on December 31, 2020, Swifty Company would accrue interest expense of $2,640 ([$132,000 × 12% × 5/12]) and record the following journal entry: Debt Service Fund Interest Expense 2.640 Accrued Interest Payable 2.640.

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Answer:

u r sentence doesn't mean any sense

Answer:

what does your sentence mean?

Explanation:

in Juliette's case, she will not have to pay the Medicare Levy Surcharge.

To determine if Juliette will have to pay the Medicare Levy Surcharge (MLS), we need to consider her income and whether she has the appropriate level of private patient hospital cover.

The MLS is an additional tax imposed on Australian taxpayers who do not have an appropriate level of private hospital cover and have an income above a certain threshold.

For the 2020/21 financial year, the MLS thresholds are as follows:

Singles: MLS applies if the income is equal to or exceeds $90,000.

Families: MLS applies if the combined income is equal to or exceeds $180,000.

In this case, Juliette is single and has a taxable income of $80,000, which is below the MLS threshold for singles. Therefore, she will not have to pay the Medicare Levy Surcharge.

It's important to note that the reportable fringe benefits total and total net investment loss are not directly considered when determining MLS liability. Only taxable income is taken into account for this purpose.

Therefore,  she will not have to pay the Medicare Levy Surcharge.

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Complete Question : Juliette, a resident, is 35 years old, single, and does not have the appropriate level of private patient hospital cover. Juliette has taxable income of $80,000 in 2020/21.

Juliette also has the following amounts:

reportable fringe benefits total $9,000

total net investment loss $6,000

Will Juliette have to pay the Medicare levy surcharge, and, if so, how much will she have to pay?

The given problem is regarding the computation of the depreciation of an asset in the first three years. Let us try to understand the problem and solve it. An asset is purchased for P9000. Its estimated economic life is 10 years after which it will be sold for P1000.

Find the depreciation in the first three years.We know that the formula to calculate the depreciation of an asset is given as follows: Depreciation = (Cost of asset - Salvage value) / Useful lifeHere, the cost of the asset = P9000, the salvage value of the asset = P1000, and the useful life = 10 years.Depreciation = (9000 - 1000) / 10Depreciation = 800We can now calculate the depreciation of the asset for the first three years as follows

Depreciation for the first year = 800/10 × 1 = P80 Depreciation for the second year = 800/10 × 2 = P160 Depreciation for the third year = 800/10 × 3 = P240 Therefore, the depreciation of the asset in the first three years would be P80, P160, and P240.

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The consolidated sales amount is $10,200,000, Option A is the correct answer.

To compute the consolidated sales, we need to consider the sales of both P Company and S Inc., taking into account the intercompany sales.

Calculate the gross profit of P Company:

Gross profit = Sales - Cost of goods sold

= $10,000,000 - $7,500,000

= $2,500,000

Calculate the gross profit rate of P Company:

Gross profit rate = Gross profit / Sales

= $2,500,000 / $10,000,000

= 0.25 or 25%

Calculate the sales to P Company from S Inc. based on the gross profit rate:

Sales to P Company = Gross profit / Gross profit rate

= $2,500,000 / 0.25

= $10,000,000

Calculate the sales from P Company to S Inc. based on the markup:

Sales from P Company to S Inc. = Cost of goods sold + (Cost of goods sold × Gross profit rate)

= $160,000 + ($160,000 * 0.25)

= $200,000

Calculate the consolidated sales:

Consolidated sales = Sales of P Company + Sales of S Inc.

= $10,000,000 + $200,000

= $10,200,000

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The question is -

P Company owns 80% of the common stock of S, Inc. In the current year, P Company reports sales of $10,000,000 and cost of goods sold of $7,500,000. For the same period, S Inc. has sales of $200,000 and cost of goods sold of $160,000. During the year, P Company sold merchandise to Sinc. for $60,000 at a price based on the normal markup (Hint use seller's sales and COGS to determine gross profit rate) At the end of the year, S Inc. still possesses 30 percent of this inventory Assume the same information, except SIncsold inventory to P Company, Compute consolidated sales.

A. $10.200.000

B. $10,140,000

C. $10, 200,000.

D. $10,160,000

E. $10.126,000.

F. $10.000,000.

G. $10,260,000

The accounting entry for a sales invoice is debit Accounts Receivable, credit Sales provide Debit and credit are the two main components of an accounting entry. Debit is the act of entering an amount on the left-hand side of an account, while credit is the act of entering an amount

on the right-hand side of an account .When a company provides a product or service to a client on credit, the client receives a sales invoice. The company records this transaction with a debit to the Accounts Receivable account and a credit to the Sales account. This is because the client will have to pay for the item at a later date, resulting in an increase in the company's Accounts Receivable account. The Accounts Receivable account is a current asset account on a company's balance sheet, representing money that the company is owed by its clients for goods or services that have been provided.

The Sales account, on the other hand, is an income statement account that records the income earned by a company from its primary business activities. To sum it up, the accounting entry for a sales invoice is debit Accounts Receivable, credit Sales. This is because the company is recording an increase in the Accounts Receivable account as a result of the client receiving credit, as well as an increase in the Sales account due to the income earned by providing the product or service.

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