A company reported the following financial information: Taxable income for current year $120,000 Deferred income tax liability, beginning of year 50,000 Deferred income tax liability, end of year 55,000 Deferred income tax asset, beginning of year 10,000 Deferred income tax asset, end of year 16,000 Current and future years' tax rate 35% The current-year's income tax expense is what amount?

Managers want larger budgets; entrepreneurs work to do more with less.

Entrepreneurs have a distinct mindset when it comes to resources compared to employee-managers. While managers often seek larger budgets to accomplish their goals, entrepreneurs tend to focus on doing more with less.

This difference in perspective stems from the inherent nature of entrepreneurship which involves taking calculated risks and maximizing efficiency in resource allocation.

Entrepreneurs understand that resources, such as capital, time, and manpower, are limited and valuable. They recognize that acquiring substantial budgets may not always be feasible, especially in the early stages of a venture.

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Answer:

True

Explanation:

If it doesn't work for your needs it's pretty much useless. If it doesn't work what's the point.

Answer:

McDonalds! Who doesn't love them, but it's unfortunate to say that Phoenix Jumbo's staffs lacks some customers services and lack of attention towards their customers. Just because we all love mcdonalds does mean you shouldn't have a good way to treat the clients. I had a issue two times with them. I had my order on the online systems found in the store. As I was the only customer in the store they served me enough quick which I was happy but while checking my bag, they forgot to give me my chips as I had ordered a meal combo. I had to return and ask for it. Like where are you guys attention? If it was a busy day I would have understand.

Explanation:

McDonald's goods and services were in high demand by incorporating the ideas of needs and wants because it offers great customer service and use efficient marketing techniques.

McDonald's achieved a great success as it became the leader in the fast food industry with their strong focus on customer service. It offers best customers services, response to competition, and use effective marketing techniques that results in the development.

McDonald's follows a main business strategy to invest advertising & the franchising model, which yield them great profit and brand introduction among the public. It offer fast service, clean environment, higher quality products, that helps them retain their customers.

Basically, McDonalds sustains their competitive advantage by providing more value to the customer.

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Answer:

1255

Explanation:

gh\\667

Answer:

you buy stuff from the store while you store stuff in a warehouse

Explanation:

smarts

Answer:

Conversion EUP = 65,000 units

Conversion cost per EUP = $6.00

Explanation:

Conversion EUP = Units completed + EUP Work in Process

EUP Work in process = % completed * ending WIP

= 40% * 25,000

= 10,000

Conversion EUP = 55,000 + 10,000

= 65,000 units

Conversion cost = Beginning conversion cost + August conversion cost

= 120,000 + 270,000

= $390,000

Conversion cost per unit = 390,000 / 65,000

= $6.00

Cash basis accounting is a common accounting method that tracks revenues and costs as they are incurred.

Revenue and costs are only recorded under the cash basis of accounting when money is exchanged. This technique is simpler than the accrual basis of accounting, which records income and expenses as they are incurred or generated, regardless of when money is actually transferred.

According to accruals based accounting, sometimes referred to as accrual accounting or traditional accounting, a company's income and costs are recorded at the date indicated on an invoice it issues or a bill it receives.

Accrual Basis of Accounting Changed. The terms cash basis and full accrual basis are combined to form modified accrual. When revenues are both measurable and accessible, they are recognized. Yet, as expenses are always quantifiable at the time of incurrence, they are recorded using the full accrual method.

Jan11 Customers were billed $6,000 for services delivered, but only $2,000 in payment was collected.- Modified Accrual Basis

21 purchased a truck for $144,000 in cash, with the intention of using it for 6 years.- Cash Basis

Feb 13 10 000 paid in recorded accumulated pay to date; 6,000- Modified Accrual Basis

For the month, the truck's depreciation- Accrual Basis

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Answer:

$8,870

Explanation:

Calculation to determine the balance in the allowance for doubtful accounts after bad debt expense is recorded

Using this formula

Balance in the allowance for doubtful accounts=

(Credit sales* Percentage of Credit sales)+Allowance for doubtful accounts credit balance

Let plug in the formula

Balance in the allowance for doubtful accounts= ($458,000*1.5%)+$2,000

Balance in the allowance for doubtful accounts=$6,870+$2,000

Balance in the allowance for doubtful accounts=$8,870

Therefore the balance in the allowance for doubtful accounts after bad debt expense is recorded will be $8,870

Answer:

Cost-volume-profit [CVP] Analysis

The cost-volume-profit analysis model assumes that the total fixed cost, the variable cost per unit, and the selling price per unit remain constant within the relevant range.

It is very difficult for a company to remain in the relevant range, where the assumptions will be obtained.  Market forces, including the dynamics of competition change the underlying assumptions.  For example, a company may become more efficient in its operations, thereby reducing its variable cost per unit.  The total fixed cost may also change when the company increases its activity levels.

However, these limitations do not make the model less useful.  It can be relied on to make short-run profit and pricing decisions.

Explanation:

The management of a business finds the CVP model useful in making important management decisions, especially decisions that relate to budgeting of production and sales, cost control, and profit planning.  Management uses the CVP model to determine the break-even point in both units and sales dollars.  Overall, management relies on the model to select its competitive products.

Developing a profitable company idea involves imagination, investigation, and cautious preparation.

To generate a business idea, consider your interests, skills, and knowledge. Think about problems that you or others face in your daily life and whether there are potential solutions that could be turned into a business. Research the market to see if there is demand for the product or service you are considering and whether there are existing competitors.

To determine the feasibility of your business idea, conduct a thorough analysis of the potential costs and revenue streams. Create a business plan that outlines your goals, marketing strategy, and financial projections. Consider seeking advice from experts in your industry or consulting with a business mentor. It is also important to assess any legal or regulatory requirements that may apply to your business.

Overall, generating a successful business idea requires creativity, research, and careful planning. By considering your interests, skills, and market demand, you can identify a potential product or service that meets a need and has the potential to be profitable. With thorough analysis and planning, you can determine the feasibility of your idea and take steps towards launching a successful business.

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The probability that a randomly selected student is female and an undergraduate = 37%

The probability of being female or an undergraduate= 1.05

The male population = 55%

Therefore female population would be 1 - 0.55 = 45%

Undergraduates = 60%

The male undergraduate = 38%

Therefore female undergraduates = 60%-38%

= 22%

a. The probability that a randomly selected student is an undergraduate and female

= \(\frac{0.22}{0.60}\)

= 37%

B. The probability that the student is female or undergraduate

P(A or B)

= Probability of female = 45/100

Probability of undergraduate = 60/100

= 0.45 + 0.60

= 1.05

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quipllAmredneck

kvtvfb to k

Answer:

Sense Appeal

Explanation:

Sensory branding is a type of marketing that appeals to all the senses in relation to the brand. It uses the senses to relate with customers on an emotional level. Brands can forge emotional associations in the customers' minds by appealing to their senses.

Answer:

Sense Appeal

Explanation:

Just took the test

The acronym PLC, which stands for a public limited company, indicates that the firm's shares are publicly traded. It is the British equivalent of "Inc." in the United States.

In the United Kingdom, a public limited company (PLC) is a type of public business. PLC is the counterpart of a publicly listed firm in the United States that uses the Inc. or corporation classification. The inclusion of the PLC acronym following a business's name is required, and it informs investors and anybody interacting with the firm that it is a publicly listed corporation. PLC, which stands for a public limited company, is an acronym for public corporations in the United Kingdom.

PLCs make up the majority of the firms listed on the London Stock Exchange. A PLC shares can be purchased by any regular investor. Unlike privately held companies, public companies are required to publish financial data and disclosures to the public on a regular basis.

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A consumer can help his or her community financial literacy wise by purchasing the goods produced locally because its helps the economy in GDP.

A financial literacy refers to a possession of an ability to understand financial skills including personal financial management, budgeting, investing etc

Hence, a consumer can help his or her community financial literacy wise by purchasing the goods produced locally because its helps the economy in GDP.

Therefore, the Option C is correct

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Answer:

You suck!!

I new I should of flagged you!

Answer:

Search it up on the internet.

Explanation:

Go to g00gle and write, how to set up a small business plan for loan.

In a monopolistically competitive industry, each firm has some control over the price it sets due to product differentiation.

Stan mentioned that he is earning an economic profit and setting his price equal to his marginal cost. To determine whether he is producing the profit-maximizing amount of coffee, we need to consider a few factors.
1. First, let's understand the relationship between price, marginal cost, and profit maximization. In a competitive market, profit maximization occurs where marginal cost equals marginal revenue. However, in monopolistic competition, firms have some market power, so the profit-maximizing quantity occurs where marginal cost equals marginal revenue, not price.
2. Setting the price equal to marginal cost does not necessarily guarantee profit maximization. If Stan's price is equal to marginal cost, it means that he is covering his variable costs, but it does not take into account his fixed costs. To maximize profit, Stan should set his price above marginal cost, considering both variable and fixed costs.
3. If Stan is currently earning an economic profit, it suggests that he may not be producing the profit-maximizing amount of coffee. In monopolistic competition, firms tend to have excess capacity, meaning they produce less than the quantity that would minimize average total cost. By increasing his output, Stan may be able to reduce his costs and increase his profit.

Considering these factors, here are a few suggestions for Stan:
- Conduct a cost analysis: Stan should evaluate his fixed and variable costs to understand the full picture of his expenses. By knowing his costs, he can set a more informed price and determine the profit-maximizing quantity.
- Consider demand elasticity: Stan should also assess the price elasticity of demand for his coffee. If demand is relatively elastic, a small price increase may result in a significant decrease in quantity demanded, potentially reducing his profits. On the other hand, if demand is inelastic, Stan may be able to increase his price without a significant drop in sales.
- Experiment with pricing: Stan could consider experimenting with different prices to find the optimal point that maximizes his profit. By monitoring customer response to different prices, he can identify the price that generates the most revenue while covering his costs.

By taking these steps and considering the unique characteristics of monopolistic competition, Stan can better position his coffee shop for long-term success and profitability.

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Team members who have the right set of skills needed to get the job done are demonstrating competency.

Competency refers to the ability to get things done. In other words, when someone can do a particular thing/work efficiently, then he/she is demonstrating competency.

Thus, when a person exhibits all the required skills to finish a job, that too efficiently, then that person is said to be demonstrating competency. This means that the person possesses all the necessary skills and expertise that the work or job requires.

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1. Zainab's total bill when she got home will be $3,703.33.

2. The total interest paid is $28.33.

A credit card is a payment card that enables the cardholder to make purchases charged to a line of credit instead of the account holder's cash deposits. The credit card account accrues interest periodically (most ideally, daily) and payment may be required each month to offset the balance.

The future value is the amount that will be due on an investment or payment after compounding interest for a future date.  The future value can be computed with the formula below.

FV = PV(1+r)^n

Where:

FV = future value

PV = present value

r = annual interest rate

n = number of periods interest held

The future value can also be calculated using an online finance calculator as follows:

Annual interest rate = 28%

Daily interest rate = 0.0767 (28%/365)

N (# of periods) = 21 days

I/Y (Interest per year) = 28%

PV (Present Value) = $0

PMT (Periodic Payment) = $175

P/Y (# of periods per year) = 365 days

C/Y (# of times interest compound per year) = 365 days

Results:

FV = $3,703.33

Sum of all periodic payments = $3,675.00 ($175 x 21)

Total Interest = $28.33

Thus, Zainab's total bill is $3,703.33 with an interest of $28.33.

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Answer:

$663.420

Explanation:

The value for the investment is the future of $1000, earning a compound interest of -5% for eight years.

The formula for compound interest is as below.

FV = PV × (1+r)^n

Fv = $1000 x ( 1 + (-5/100)^8

Fv= $1000 x (1 +(-0.05)^8

FV= $1000 x (0.95)^8

Fv=$1000x 0.6634204

Fv=$663.420

The value will be $663.42

Answer:

663.42

Explanation:

Trust me and him ^

The appropriate value of the correlation between time and cost for the international calls is 1.

Explanation:

The correlation coefficient (r) measures the strength and direction of the linear relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation, 1 indicates a perfect positive correlation, and 0 indicates no correlation.

In this case, the cost of an international call is directly proportional to the time of the call. This means that as the time of the call increases, the cost also increases at a constant rate. Therefore, the correlation between time and cost for the international calls is 1, indicating a perfect positive correlation.

Here's the formula for the cost of an international call:

Cost = $1 + ($0.02 × time)

The $1 is a fixed fee for each call, and the $0.02 is the rate for each second of talk time. So, for each additional second of talk time, the cost increases by $0.02. This shows a direct relationship between time and cost, resulting in a correlation of 1.

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A class action suit is a case, brought up by a group of consumers that suffer similar damages, against a business together. Hence, the correct answer will be an option(c).

Consumers, suffering a similar loss caused by a business, come forward and file a lawsuit together against the same business. This type of lawsuit is known as a class action suit. It is also known as Representative action. If the group wins the lawsuit, it will be compensated for the damages caused but if they lose the lawsuit, it will not receive any type of financial compensation.

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Answer: Net cash used/ spent was $193,000

Explanation:

Cash from Financing activities involves cash transactions in relation to Equity (including dividends paid) and long term debt as these are the chief providers of cash to finance the business.

Cash from financing activities is:

= Issuance of common stock - Dividend - Settlement of Note payable - Treasury stock purchase

= 73,000 - 18,000 - 130,000 - 118,000

= -$193,000

If the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not impact the socially efficient level of pollution. The level is still determined by equating Marginal Damage with the Aggregate MAC.

To graph each function, we can plot MAC1 and MAC2 on a graph with the quantity of emissions (E) on the x-axis and the marginal abatement cost (MAC) on the y-axis.

For MAC1: MAC1 = 100 - 10E

For MAC2: MAC2 = 50 - 10E

To compute the aggregate MAC curve, we add the individual MAC curves together. So, Aggregate MAC = MAC1 + MAC2.

Aggregate MAC = (100 - 10E) + (50 - 10E) = 150 - 20E

Now, let's calculate the socially efficient equilibrium by setting the Marginal Damage (MD) equal to the Aggregate MAC.

MD = Aggregate MAC

30E = 150 - 20E

Simplifying the equation, we get:

50E = 150

E = 3

Therefore, the socially efficient equilibrium occurs when the quantity of emissions (E) is 3.

Now, let's calculate the net social costs of the policy when the government sets the pollution level at four units.

Net social costs = Aggregate MAC - MD

Net social costs = (150 - 20(4)) - (30(4))

Net social costs = 110 - 120

Net social costs = -10

The net social costs of this policy would be -10, indicating a net benefit to society.

If a technological change occurs that reduces the marginal costs of abatement for polluter 1 to that of polluter 2, it means that MAC1 will become equal to MAC2.

Setting MAC1 equal to MAC2:

100 - 10E = 50 - 10E

Simplifying the equation, we find that E can have any value, as both sides are equal.

Graphically, this change would mean that MAC1 and MAC2 become parallel lines on the graph, with the same slope and intercept. The socially efficient level of pollution would still be determined by equating MD with the aggregate MAC.

In conclusion, if the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not affect the socially efficient level of pollution. The socially efficient level is still determined by equating the Marginal Damage with the Aggregate MAC, regardless of the marginal costs of individual polluters.

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If consumers start saving more rather than spending, the most likely outcome would be a decrease in the real interest rate (option D).

If the Federal Reserve institutes Contractionary Policy, the most likely outcome would be an increase in interest rates (option A).

This happens because an increase in savings means that there is more supply of loanable funds in the market, which can lead to a decrease in the cost of borrowing and, consequently, a decrease in the real interest rate.

If the Federal Reserve institutes Contractionary Policy, the most likely outcome would be an increase in interest rates (option A). Contractionary policy is designed to reduce the money supply and slow down economic growth to combat inflation.

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Answer:

multiple choices or answer each question

Answer:

Your Semester Assignment (SA) is instructed below: The submission process of the SA. 1. Deadline for submission: Dec 13, 2021, Monday, 23:59 2. Do NOT prepare a "Copy-Paste" assignment. 3. DO NOT prepare the same numbers, same examples, or same thoughts for more than one student in assignments. 4. The SA should be prepared with high quality by considering English grammar and good shape in structuring paper. 5. There should be a cover page that should include; • The name, department, and number of the student. • The subject of the assignment. • The abstract (summary) of your accomplishment (by saying that what you did, what you reach, what you learn, etc.) 6. If necessary, I will inform further considerations. 7. The SA's subject: Given data and requests: You will imagine a newly established SERVICE COMPANY as of Jan 01, 2015. You will start and finish the Accounting Cycle according with the below instructions. You should prepare your Semester Assignment by considering below items to be recorded to the Journal; 1. During January, record 12 economic events (directed below) to the Journal and post these recorded entries to the related Ledger accounts (10 points): a. 1 investing some capital (On the 1" of January, some capital from shareholders (14 economic event) is transferred to the company.) b. 1 getting some loan from a bank (On the 1" of January, some loan from the creditors (banks) with 20% annual interest rate is deposited to the company's bank account (2nd economic event). c. 3 prepaid expenses, 1 unearned revenue, d. 3 accrued expense, 1 accrued revenue, e. 1 purchasing a vehicle in the beginning of January, f. 1 purchasing equipment in the beginning of January, 2. At the end of January, Prepare Trial Balance (10 points). 3. Record 8 adjusting entries (5 deferrals, 3 accruals) for previously recorded entries explained above and post these adjusting entries to the related Ledger accounts (25 points). 4. Prepare Adjusted Trial Balance (15 points), 5. Prepare Income Statement (15 points), 6. Prepare Retained Earnings Statement (10 points), 7. Prepare Balance Sheet (15 points).

Explanation:

The order of presentation of activities on the statement of cash flows is Operating, Financing, and Investing.

The option (B) is correct.

Cash flows are classified and introduced into working exercises (either utilizing the 'immediate' or 'circuitous' technique), contributing exercises, or funding exercises, with the last two classes commonly introduced on a gross premise. as it shows whether the business has sufficient fluid money to put in now is the ideal time and invest in assets.

When creating your income statement, list incomes first. Then, at that point, drill down any costs your organization had during the period and take away the costs from your income. The lower part of your pay proclamation will let you know whether you have a net gain or shortfall for the period.

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The company's sales revenue for the year is $343,500 (2nd option).

Operating income is the income that is derived from the company in the course of running its normal business activities. In order to derive the operating income, operating expenses such as wages is deducted from the sales revenue. Depreciation and cost of goods sold is also subtracted from sales revenue.

If the operating income is given, in order to determine the sales revenue, add salaries, depreciation and cost of goods sold to income from operations. Dividend revenue is not included in the calculation because it not part of the income derived in the course of the company's activities.

Sales revenue = income from operations + depreciation + cost of goods sold + salary expense

$210,000 + $12,500 + $9,000 + $112,000 = $343,500

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