I, II, and III. All three statements concerning disclosure requirements for derivatives used as cash flow hedges are correct.
The net gain or loss recognized in earnings during the period must be disclosed, as must the amount of gain or loss deferred in other comprehensive income. Additionally, a listing of each of the derivatives used for cash flow hedges and the amount of each must be disclosed.
A cash flow hedge entails using a hedging tool (a derivative) to lock in the amount of a future cash inflow or outflow that would otherwise be affected by market fluctuations.
For instance, the business could agree upon a forward contract with a different party to buy the steel. The forward contract then serves as a hedging instrument because your net payment will remain the same even if the price of steel increases.
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Compared to other retail formats, the greatest benefit that store shopping offers is:
a. the ability to touch and feel the products
b. acceptance of multiple forms of payment
c. cash and carry
d. broader and deeper assortmentsa. the ability to touch and feel the products
When compared to other retail formats, the opportunity to touch and feel the items is the most appealing feature of in-store shopping.
When you shop in-store, you don't have to wait for an item to arrive. You get what you need straight now, with no shipping costs. It may be enticing to visit the store and depart with your purchase for customers who want to swiftly eliminate items from their shopping list.The store is an essential component of material management. The items are stored in such a way that they are carefully accounted for, kept safe, and readily available when needed.Retail is the sale of goods and services to individuals, as opposed to wholesale, which is the sale of goods and services to corporations or organizations. A retailer buys things in bulk from manufacturers, either directly or through a wholesaler, and then sells them in smaller amounts to customers for a profit.Thus the correct option is A.
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paul drives a truck as an employee for quick delivery, inc. paul would most likely be considered acting outside of the scope of her employment if he group of answer choices crashed into a car at the airport while off-duty hit a pedestrian in a parking lot during a working lunch ran over an attendant at a gas station while refueling his company truck smashed into a store-front window while driving on-duty
Paul drives a truck as an employee for quick delivery, inc. paul would most likely be considered acting outside of the scope of her employment if he a. crashed into a car at the airport while off duty.
Off-duty time manner any length apart from on-obligation time and consists of “sleeper berth time.” The necessities of these obligation statuses in addition to the “using time” obstacles could be defined in an extra element later on in this module. off-obligation time approach any length apart from on-responsibility time.
Whilst the registered nurse is on obligation he or she will perform the nursing care for the organization of patients. at some point of off duty, one or extra associate nurses are responsible to the number one nurse to perform the planned care for the patients.
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Which one of the following statements related to WACC is correct for a firm that uses debt in its capital structure?
The WACC will decrease as the corporate tax rate decreases.
The WACC should decrease as the firm's debt-equity ratio increases.
The weight of equity is based on the number of shares outstanding and the book value per share.
The WACC will remain constant unless a firm retires some of its debt.
The weight assigned to preferred stock decreases as the market value of the stock increases.
The WACC should decrease as the firm's debt-equity ratio increases. This is the correct answer to the given question.
Let us understand WACC
WACC stands for weighted average cost of capital for a corporation. In any business, capital markets (both debt and equity) expect returns proportionate to the perceived riskiness of their investments, according to the weighted average cost of capital study.
The average rate of return a business is anticipated to provide to all of its shareholders, including debt holders, equity investors, and preferred equity investors, is known as the weighted average cost of capital (WACC). WACC Formula equals [Cost of Equity*% of Equity] plus [Cost of Debt*% of Debt*(1-Tax Rate)].
WACC is the cost of generating an extra dollar of revenue. For instance, a WACC of 5% suggests that the business needs spend on average $0.05 to obtain an extra $1. It's possible that the $0.05 represents the interest paid on debt or the dividend or capital return demanded by private investors.
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During this unit you will be working on a final project in order to bring together everything that you've learned. You should be thinking about this unit project as you participate in each lesson, then submit the project at the end of the unit. In this project, imagine you are the new accountant for The Matrix Computer Service and you need to use the attached accounting stationery to complete the accounting procedures.
Goal
Set up accounting records and complete the accounting cycle for The Matrix Computer Service.
Role
As the new accountant forThe Matrix Computer Service, you need to use the attached accounting stationery to complete the accounting procedures.
Audience
Your work will be reviewed by any government involved in the accounting procedures of The Matrix Computer Service. The more accurate the information and the records of the business are, the better the management can make more informed decisions concerning the business
Situation
The Matrix Computer Service is owned by Charles Stoudamyer. It has been in business for three months. The business is structured as a sole proprietorship and provides computer services to individuals or small businesses. The business earns revenue from three different areas; 1-hardware repair, 2-software repair, and 3-computer basic training. You are taking over the accounting work as of February 28 (not leap year).
Purpose
Your purpose and responsibilities as the accounting clerk are as follows:
Open a general ledger account for each account in the chart of accounts.
Analyze each business transaction.
Enter each business transaction in the general journal starting on page
Post each journal entry to the appropriate general ledger accounts.
Prepare a trial balance (in the worksheet) and complete a 6-column worksheet.
Prepare the following financial documents: --Income Statement --Statement of Change in Owner's Equity --Balance Sheet
Journalize and post the closing entries Use the general journal you used for all the daily transactions and the bank service charge. Include it at the bottom.
Prepare a post-closing trial balance.Use these attached documents, the charts of accounts and transaction schedule following:
[Files attached]
[Picture here]
Standards and Criteria for Success
Your performance needs to pull together all the concepts and procedures you have learned in this unit.
1 Accuracy of the general journal
2 Accuracy of the general ledger
3 Proper reconciliation of the bank statement
4 Completion of the 6-column worksheet
5 Accuracy of the financial documents
pleasee hellppp
Answer:
explained down
Explanation:
A specialty journal records special events or transactions related to the particular journal. There are mainly four kinds of specialty journals – Sales journal, Cash receipts journal, Purchases journal
, and Cash disbursements journal. The company can have more specialty journals depending on its needs and type of transactions, but the above four journals contain the bulk of accounting activities.
All other transactions not entered in a specialty journal account for in a General Journal. It can have the following types of transactions:
Accounts receivables
Accounts payable
Equipment
Accumulated depreciation
Expenses
Interest income
and expenses, etc.
Table of contents
What is General Journal?
General Journal Accounting
General Journal Format
General Journal Examples
Flow Process
Uses
Technological Advances
Conclusion
General Journal Video
Recommended Articles
GAAP requires that all exchange transactions be recorded at the fair value of the exchanged assets. Thus, except in the rare case that the book value and the fair value of exchanged assets are identical, gains (or losses) on exchanges should be expected to be recognized.False
A kind of the assigned carrying amount of the AIR asset will normally be lower if two or more widely recognized accounting standards are used.
When assets are bought in exchange for a note with no interest, at what price should they be recorded?Its fair value is referred to as "boot" when money or other items are received in return. Plant assets acquired in exchange for a note bearing no interest should be recorded at the note's present value.
Which assets are valued at fair market value?Fair value is the agreed-upon actual value of an item, such as a good, stock, or security, between the buyer and the seller. An item that is sold or traded in has a fair worth.
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A market maker in ABCD stock is currently quoting the stock in the OTCBB at: $42.00 Bid (500 shares); $43.00 Ask (1,000 shares)
If the market maker receives a customer order to sell 800 shares of ABCD at $42.50, the market maker:
As per the stock price, if the market maker receives a customer order to sell 800 shares of ABCD at $42.50, then the market maker must update its quote to: $42.00 Bid (500 shares); $42.50 Ask (800 shares)
The term stock price in accounting is defined as a security that represents the ownership of a fraction of the issuing corporation.
Here we need to identify the quote of the market maker if the market maker receives a customer order to sell 800 shares of ABCD at $42.50.
Here we have the Customer limit orders that are better priced than the current quote must be displayed in the marketplace.
And here we also know that the dealer is currently offering the stock at $43.00 and this is the price at which he is willing to sell up to 1,000 shares.
Therefore, this customer is willing to accept less to sell price of $42.50 for up to 800 shares, the customer's offer must be displayed in the market.
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True or False?
In comparing bonds with notes, bonds are typically issued to a single lender while notes are issued to many lenders.
False, In contrast to notes, which are normally issued to a single lender, bonds are typically issued to a variety of lenders.
Term bonds are bonds that must have the entire amount paid at one maturity date. The majority of bonds call for payment of the entire amount at one maturity date.
Governments and corporations sell bonds to raise money. By acquiring a bond, you are lending money to the issuer, who promises to refund the bond's face value on a particular date and to provide ongoing, often twice-yearly, interest payments to the user.
Five categories of bonds exist: commercial, municipal, agency, cash reserves, and Treasury. Each bond has a unique set of buyers, sellers, and risk levels. You can also purchase bonds-based securities, such as bond mutual funds, if you want to benefit fully from securities.
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people believe they own and have a right to control their private information. people control their private information through the use of personal privacy rules. when others are told or given access to a person's private information, they become co-owners of that information. co-owners of private information need to negotiate mutually agreeable privacy rules about telling others. when co-owners of private information don't effectively negotiate and follow mutually held privacy rules, boundary turbulence is the likely result.
Disclosure makes a co-owner and confidant: A person's private information is shared with others when they are informed about it or learn about it.
When co-owners of personal information don t effectively negotiate or follow privacy rules what occurs?
Co-owners of private information must come to mutually acceptable privacy standards on sharing that information. 5. Boundary turbulence is likely to occur when co-owners of private information fail to successfully negotiate and adhere to mutually held privacy norms.
Someone makes another person a co-owner of the information when they decide to disclose private information to them. Co-ownership entails guidelines, obligations, and rights that must be agreed upon both the party disclosing the information and the party receiving it.
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assume that the central bank buys securities from member banks using open-market operations. which of the following will decrease in the short run? group of answer choices investment taxes interest rate aggregate demand
With an assumption that the central bank buys securities from member banks using open-market operations, it will decrease B: interest rate in the short run.
The term open market operations refer to the sale and purchase of government securities in the open market by the central bank of any country. The purpose is to regulate the money supply in the economy. When the central bank purchases securities on the open market, then it will have some effects such as increasing the reserves of commercial banks increasing the price of government securities, and decreasing interest rates in order to encourage business investment.
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One of the employees in your organization is suspected of hacking into the network. You as a network administrator want to check the user's activity for the last week. Which of the following will you use in such a scenario?
The network administrator will use the master checker feature in such a scenario.
Who is a network administrator?A network administrator is someone assigned in an organization to maintain computer infrastructures, with a focus on local area networks (LANs) and up to wide area networks (WANs). In order to ensure that an organization's data network's computer hardware and network infrastructure are properly maintained, network administrators are in charge of these tasks. In smaller organizations, they are typically involved in the acquisition of new hardware, the rollout of new software, the maintenance of disk images for new computer installs, the assurance that licenses are paid for and current for software that requires them, the maintenance of standards for server installations and applications, the monitoring of network performance, the investigation of security lapses, and the examination of bad data management practices. Some of the aforementioned positions are filled by system administrators in other organizations.
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Arizona Desert Homes (ADH) constructed a new subdivision during 2020 and 2021 under contract with Cactus Development Co. Relevant data are summarized below:
Contract amount $ 2,550,000 Cost: 2020 1,100,000 2021 500,000 Gross profit: 2020 650,000 2021 300,000 Contract billings: 2020 1,275,000 2021 1,275,000 ADH recognizes revenue upon completion of the contract.
In its December 31, 2020, balance sheet, ADH would report:
Multiple Choice
The contract asset, contract amount in excess of billings, of $1,275,000.
The contract asset, deferred profit, of $300,000.
The contract asset, cost and profits in excess of billings, of $475,000.
The contract liability, billings in excess of cost, of $175,000.
The correct answer is The contract asset, cost and profits in excess of billings, of $475,000.
This answer is correct because on December 31, 2020, ADH had cost and profits in excess of billings of $475,000 ($1,100,000 in cost in 2020 and $650,000 in gross profit in 2020 minus the $1,275,000 in contract billings in 2020). This amount would be reported as a contract asset on the balance sheet.
A contract asset is an entity's right to consideration in exchange for goods or services that the entity has transferred to a customer.
Assume, for instance, that you are a supplier and you have provided some of the agreed-upon services or items, but that you still have some obligations to fulfil before you may charge the client. A contract asset is what results from partial performance.
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you are in charge of making sure the it systems of your company survive in case of any type of disaster in any of your locations. your document should include organizational charts, phone lists, and order of restore. each business unit should write their own policies and procedures with guidelines from corporate management. which of the following documents should you create for this purpose?
You are in charge of making sure that the IT systems of your company survive in any case of disaster in any of your locations. A business continuity plan (BCP) should be created for this purpose.
A mechanism for protecting against and recovering from potential risks to a business is called a business continuity plan (BCP). In the case of a disaster, the plan makes sure that people and property are safeguarded and can operate rapidly. BCPs should be evaluated to make sure there aren't any vulnerabilities that need to be found and fixed.
BCP is a crucial component of the firm's risk management strategy since it entails defining all hazards that may have an impact on the business's operations. Businesses are vulnerable to a wide range of catastrophes, from minor to severe. Business continuity plan is often intended to assist an organisation in carrying on operations in the case of significant calamities like fires.
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Start -> A -> B -> C -> D -> E -> Finish. You have the following process information: Process A requires 10 minutes per widget. Process B does 4 widgets per hour. Process C does 4.6 widgets per hour. Process D can do 28 widgets per 8-hour shift. Process E takes 16 minutes per widget. What is the process time of the system? minutes per widget. (Please round to the nearest integer; if you would like to enter 12.345, please type in a 12.) Which process is the bottleneck? If you tied yourself to a widget just as it started Process A, how many minutes later would you find yourself done with Process E? minutes. (Please round to the nearest integer; if you would like to enter 12.345, please type in a 12. Hint: this is another way of asking for the throughput time.) Would it help make more widgets per day if we could speed up Process A by one minute per widget? . (Please enter yes or no). Say we didn't end up changing Process A after all. If we could speed Process D up by 5 minutes per widget, what would the new process time of the system be? minutes. (Please round to the nearest integer; if you would like to enter 12.345, please type in a 12.) Say we did speed up Process D by those 5 minutes per widget. Where is the bottleneck of the system now?
The process time of the system is 19 minutes per widget.
A widget is a comparatively straightforward and easy-to-use computer code application or element created for one or additional totally different computer code platforms. A table accent or applications programme is an example of a widget, complete computer programme, in distinction with a additional complicated application like a computer programme or applications programme.
A bottleneck is a method in an exceedingly chain of processes, such its restricted capability reduces the capability of the complete chain. The results of having a bottleneck ar stalls in production, provide buy in, pressure from customers, and low worker morale.
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metlock inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product.
The material, labour and total price variance is computed in the tables as below for metlock inc.
Both the direct materials and the direct labour variances in cost accounting have a price/rate and a quantity/efficiency component. These variances are favourable if the actual cost is lower than the standard allowed, and unfavourable if it is higher.
Actual quantity x actual price/rate Actual quantity x standard price/rate Standard quantity x standard price/rate
Direct materials $7,600 $7,410 (1,900 x $3.90) $8,073 ((230 units x 9 pounds) x $3.90)
Direct labor $7,630 $7,700 (700 x $11) $7,590 ((230 units x 3 hours) x $11)
Material variances:
Formula Variance
Total material variance (AQ x AP) - (SQ x SP) $7,600 - $8,073 = $473 F (because actual is better than budget)
Material price variance (AQ x AP) - (AQ x SP) $7,600 - $7,410 = $190 U
Material quantity variance (AQ x SP) - (SQ x SP) $7,410 - $8,073 = $663 F
Labour variances:
Formula Variance
Total labour variance (AH x AR) - (SH x SR) $7,630 - $7,590 = $40 U (because actual is worse than budget)
Labor Rate variance (AH x AR) - (AH x SR) $7,630 - $7,700 = $70 F
Labor efficiency variance (AH x SR) - (SH x SR) $7,700 - $7,590 = 110 U
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consider a competitive market with a large number of identical firms. the firms in this market do not use any resources that are available only in limited quantities. in long-run equilibrium, market price is determined by
A. the portion of the marginal cost curve below average variable cost. B. the minimum point on the firms' average variable cost curve. C. a firm's level of sunk costs. D. the minimum point on the firms' average total cost curve.
In limited quantities. in long-run equilibrium, market price is determined by
the minimum point on the firms' average total cost curve.
Hence, Option D is correct.
An increase in demand generates economic profit in the short run and encourages entry in the long run in a perfectly competitive market in long-run equilibrium.It generates economic losses in the short run and forces some businesses to leave the industry in the long run.Quantity of factors, factor quality, technological level, production efficiency, and government policies with long-term impacts are all elements that affect aggregate supply over the long term.To know more about Long run here
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In breakeven analysis, the costs that change with the level of production are considered ________ costs. a. variable b. recoverable c. labor d. fixed
In breakeven analysis, the costs that change with the level of production are considered variable costs.
Break-Even Point: The quantity of units that must be sold in order to provide a loss (but will recover all associated costs). The breakeven point, in other words, is the point at which your product stops costing you money to produce and sell and begins to make money for your business.
JavaScript can be used to resolve several other related managerial decision challenges, like:
price level determination and its sensitivity
assessing the financial attractiveness of various strategic options for your organization by aiming for the "optimal" values for the variable and fixed cost combinations.
You can better comprehend the idea of the breakeven point by looking at the analysis in the following graphic. The following formula, however, allows for a quicker and more precise determination of the breakeven point:
Break-Even Point = Fixed Cost / (Unit Price - Variable Unit Cost)
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Last year, Maxim convinced his boss to allow him to invest in an expensive customer relationship management software package so that all customer data could be consolidated in one place. Maxim and his team worked together to research various options and choose what they all agreed was the best solution, and everyone was eager to go through the training process. Since then, however, Maxim’s team has had trouble adapting to the software, which can be cumbersome to use. And because it doesn’t have the exact features they need, team members frequently keep their own records outside the system. Maxim has encouraged his team to try harder to learn the CRM system and keep all data within it. Which cognitive bias is most likely to be influencing him in this situation?
Question 5 options:
a)
Emotion
b)
Prospect theory
c)
Overconfidence
d)
Escalating commitment
Emotion cognitive bias is most likely to be influencing him in this situation.
Cognition and Emotion is a peer-reviewed medical journal with a particular recognition on the interaction among wondering and feeling, or cognition and emotion. inside Western idea, cognition and emotion have traditionally been conceived as adversaries.
The cognitive thing is defined as how we interpret emotions and consider conditions. The physiological component is how the body reacts to an emotion. as an example, earlier than sitting an exam, your body feels sweaty, and your heart beats faster. The behavioural components is the way you explicit and show your emotion.
emotions are not innately programmed into our brains, but, in reality, are cognitive states because of the gathering of records.
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________ is a state of reduced attention that is expressed in behavior that is rigid or thoughtless. This state is natural because human beings simply cannot keep up with all the stimuli they receive.
Nonverbal communication
Mindlessness
Cognitive distortion
The mirror effect
Mindfulness
Mindlessness is a state of reduced attention that is expressed in behavior that is rigid or thoughtless. This state is natural because human beings simply cannot keep up with all the stimuli they receive.
MindlessnessMindlessness is frequently interpreted and characterized as a state of being, as opposed to mindfulness, which is connected with enhanced general well-being and improved physical and mental health. It is not the same as being ignorant. Mindlessness is an inert state of consciousness defined by dependence on previous distinctions. People who are thoughtless are caught in a fixed worldview, oblivious to the ways in which meaning changes based on tiny changes in context. We all experience mindlessness at some point in our lives, whether it's because we're weary, overloaded, bored, or just because it's simpler to function on autopilot.
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consider the following five procedures followed by eikenberry company several individuals operate the cash register using the same register drawer
The procedures followed by Eikenberry Company and analysis are shown below:
Internal control procedures are put in place by an entity for a number of reasons. By implementing appropriate control procedures an entity can reduce the risk of misstatement due to fraud or error in addition to reducing the risk of misappropriation of assets.
Number Item Good or Weak Principle
1. Several individuals operate the cash register using the same register drawer. Weak Physical controls over cash
2. A monthly bank reconciliation is prepared by someone who has no other cash responsibilities. Strong Segregation of duties is adhered to
3. The same person writes checks and also records cash payment journal entries. Weak Segregation of duties is not adhered to
4. One individual orders inventory while a different individual authorizes payments. Strong Segregation of duties between order and authorized
5. Unnumbered sales invoices from credit sales are forwarded to the accounting department every four weeks for recording. Weak Invoices are unnumbered and may be missed. Sales may be incomplete.
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Corporations are prohibited from giving more than 10 percent of their income for philanthropic purposes. True False
The act of corporations giving to charity; involves making monetary donations, supplying goods and equipment, and supporting the voluntary work of staff members. Concern for the wellbeing of society as a whole extends beyond what is required by law or contractual duties for enterprises.
A company has a duty to give back to society, which is known as social responsibility. As they make important choices, forward-thinking businesses carefully evaluate the goals of all stakeholders—groups that are interested in their performance and activities. Companies will often match the charitable contributions that their staff members make to nonprofits. Grants for Volunteers: Businesses provide money to groups where their workers frequently volunteer. A firm or business supporting the wellbeing of others via philanthropic gifts of money or time is said to be engaging in corporate philanthropy. On average, the businesses who answered donate 1% or less of their pretax profit to charity. According to the National Center for Charitable Statistics, most Americans who contribute generally donate between 2% and 3% of their income to NGOs. This is not an exact comparison.
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Which of the following might logically be reasons used in support of a value-added tax for the federal government?
A. Improve separation of revenue sources across the levels of government (federal, state, and local).
B. Provide an increased economic incentive for private saving.
C. Increase the responsiveness of the federal tax base to changes in the natural economic activity.
The incentive should emphasise the need for physical activity by informing participants of increased and funding to ensure surveillance and monitoring of the likelihood of the spread of childhood obesity. The correct response is B. Provide an increased economic incentive for private saving.
To promote children's active participation in physical activities, governments should build more parks and with better amenities. The government should put policies in place to support both public and private initiatives that educate kids and their families about the importance of a healthy diet and physical the activity.
Health and agricultural research should be more supported in order to develop new strategies for encouraging students to engage in physical activity and consume a healthy diet. Task forces should be established by the governments to carry out policies and to guarantee cooperation and efficient way adherence by the students and the schools.
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derp corporation has issued 4% convertible debentures maturing in 2042. the conversion price is $25 and the common stock is currently trading at $30 per share. one would expect the derp debentures to be selling
The common stock is trading for $30 per share right now, and the conversion price is $25. The derp debentures should be trading at around $48 per share, as expected.
Here, the parity price must be calculated first. The debenture is convertible into 25 shares of the company's ordinary stock at a conversion price of $40 (par value of $1,000 divided by $30 equals 25 shares). The parity price of the stock would be $48 with a current market price of $1,200. The stock should currently be worth somewhat less than $48 per share on the market because convertible securities often trade at a modest premium to its parity price.
Shares of publicly traded corporations can be bought and sold on a number of exchanges together referred to as the stock market. Such financial transactions are made through official exchanges and over-the-counter (OTC) markets that follow a set of rules.
The terms "stock market" and "stock exchange" are frequently used synonymously. On one or more of the stock exchanges that make up the broader stock market, traders can buy and sell shares of stock.
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George has a warehouse buidding worth 1 million dollars with an adjusted basis of $400,000. He wishes to acquire another warehouse building of similar value in another area where trucks could more easily park and load/unload merchandise. In order to avoid currently recognizing gain on the sale of his warehouse, George should: O Sell his bullding for 1 million now, and immediately use the proceeds to buy a new bulding. O Sell his bulking now and buy a new like kind building in the next tax year O Exchange his building for one of like-kind. O Sell his building and put the proceeds in a separate bank account to use the proceeds to purchase a new building in the next tax year.
If George wants to avoid currently recognizing gain on the sale of his warehouse, he should C. Exchange his building for one of like-kind.
How can exchanging help avoid gain recognition ?Using a like-kind exchange, which is a tax-deferred transaction, it is possible to sell one asset and buy another one that is comparable to it without having to pay capital gains tax on the sale of the first asset.
Simply put, capital gains tax is not due on a property until after it has been sold and the proceeds have not been reinvested. In essence, this permits the deferral of any taxable gains on the property that is initially sold rather than their avoidance. A 1031 exchange requires both properties to be owned for investment or business purposes and to be domestically situated.
George should exchange his building for one of like-kind if he wants to prevent now recording gain on the sale of his warehouse.
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the time series competitive efforts section of the cir which provides every company's management team with a means of reviewing how the regional competitive efforts of any company of interest have changed over the years is particularly useful for
Estimating the amounts of competitive effort that the best-performing companies in the sector would use in the coming years and figuring out what strategies they might need to use to close the performance gap.
Why is it vital to be competitive?Your sense of accomplishment and a desire to succeed at the task drive you. During a competition, you make a concerted effort to perform to the best of your ability—not the best—and to advance your knowledge or abilities. Higher self-esteem, self-development, self-discovery, and task satisfaction may result from this.
Which 12 factors make up competitiveness?Institutions, infrastructure, technological maturity, macroeconomic environment, health, education, and skills, as well as the markets for goods and labor, the financial system, market size, business dynamics, and innovation capacity are all factors.
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Inventory records for Eliza Company revealed the following:Date Transaction Number of Units Unit CostMarch 1 Beginning Inventory 1,100 $ 7.20March 10 Purchase 520 7.70March 16 Purchase 398 8.30March 23 Purchase 510 9.00Eliza sold 1,900 units of inventory during the month. Ending inventory assuming FIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.)Multiple Choice$5,569.$4,900.$7,920.$1,259.
Ending inventory assuming FIFO would be : (a) $5,569
Inventory is updated at the conclusion of every transaction under the perpetual inventory system. In contrast, the periodic method updates inventory at the end of each period rather than at the end of each transaction.
When we enter sales data using the perpetual method, we should also enter the cost of the goods sold.
Whichever goods are purchased first in the store will be sold first.
Whichever goods are sold last from the store are known as LIFO.
There is no first and last in the store. Weighted average. Assume that all goods arrive at the same time for this method.
Ending inventory unit = Total units available for sale - Sales unit = 2528 - 1900 = 628
Ending inventory Cost = (510 * $9 + 118 * $8.3) = $5,569.40
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in an investment center, the manager has responsibility and authority for making decisions that affect
The manager of an investment center is in charge of and has the power to make decisions that have an impact on costs, revenues, and assets.
In which organisation is manager is in charge of costs, revenues, and assets?An organizational division in charge of expenses, income, and asset investments is known as an investment center. Decisions on the investment of assets are made by investment center managers. Investment centers are frequently handled like independent companies. In the workplace, taking responsibility is crucial since it demonstrates your professionalism, opens up career opportunities, fosters professional relationships among coworkers, and demonstrates to management your value as a worker. a division of an organization in charge of expenses, income, and capital expenditures.
Decisions on the investment of assets are made by investment center managers. The daily buying and selling of securities, portfolio monitoring, transaction settlement, performance evaluation, regulatory and customer reporting, and other tasks related to managing client portfolios may all be handled by an investment manager.
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snow corp sells bonds to sled corp on january 1, 2010 that will mature in 10 years. the face value of the bonds is $50,000 and the annual stated rate is 6%. the bond pays interest annually on december 31. the market rate for the snow corp bonds is 4% on 1/1/2010, 8% on 6/30/2010, and 10% on 12/31/2010. the fair market value of the bonds on december 31, 2010 is equal to $38,481.95. assume that all fair-market value adjustments (if needed) are made at the end of the year (december 31). answer the following questions with the above information.
As per the market rate, the fair-market value adjustments are made at the end of the year is 6%
The term market value in economics refers the price of something, such as an asset that's determined by the supply and demand of the asset in the marketplace.
Here we have given that
And we need to find the fair-market value adjustments (if needed) are made at the end of the year.
Here let us assume a corporation issues $10,000,000 of bonds having a stated interest rate of 6% and maturing in 10 years.
Which means that the corporation agrees to pay interest of $300,000 semiannually, then it can be computed as,
=> ($10,000,000 X 6% X 1/2 year) at the end of each of the 20 semiannual periods.
Here at the time the bonds mature the corporation agrees to also pay $10,000,000.
Therefore these cash amounts will not change even if there are significant changes in the market interest rates.
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Using the 4 C's, we consider a variety of costs associated with the purchase of a product. Cost in the Four C's model is similar to ________using the Four Ps. a). price b). place c). promotion d). product
We take into account a range of expenses related to the purchasing of a product using the 4 Cs. The Four C's model of cost is similar to price using the Four Ps.
The four Ps of product, pricing, place, and promotion allude to the goods your business sells and how to convince customers to buy them. Stakeholders, costs, communication, and distribution channels are all various facets of how your business operates and are collectively referred to as the "4Cs."
Pricing experts frequently employ the four Cs to define a price: the consumer, costs, competition, and constraints. The ideas center on the consumer's requirements and wants, the expense of meeting those needs and wants, and the ease of purchasing the goods. The marketing mix is another name for the four Cs.
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question temporary-services firms supply trained workers to other companies on a temporary basis. temporary-services firms lose business when the economy shows signs of beginning to weaken. they gain business when the economy begins to recover but often lose business again when the economy stabilizes. these firms have begun to gain business in the present weak economy. the economy therefore must be beginning to recover. which of the following is an assumption on which the argument depends?
The one which is an assumption on which the argument depends is that, the temporary-services firms do not gain business when an already weak economy worsens.
The temporary-services firms agency tend to provide workers to companies on a case-by-case basis. So these tend to allow the companies a cost-efficient way in order to employ new employees with any specialized skill sets.
However, the temporary-services firms do not gain any business when an already weak economy tend to worsen. Thus, such employees are released after the project or period of contract is over.
Hence, temporary service is the service of a temporary government worker.
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Determine which of the following statements below regarding a merchandiser are correct. (Check all that apply.)
1. Merchandisers are also identified as wholesalers.
2. Wholesalers only sell services to customers.
3. Merchandisers are often identified as retailers.
4. A merchandiser earns net income by buying and selling merchandise.
You can show off your understanding of a consumer and a merchandiser. By buying and reselling also products, merchandisers make money. The right answer is 4. A merchandiser makes money by buying and selling goods.
Merchandisers are responsible for overseeing every step of the process from the time a product enters the shop until a consumer takes it off the shelf. They monitor the products' availability and presentation at various retailers within the designated geographic area.
It concentrates on luring clients through effective product placement and attractive product displays. There are two different types of merchandisers retail and wholesale. Unlike wholesalers who purchase goods from producers and resale them to retailers, retailers sell their items straight to customers.
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