Assume BarnesandNoble.com has 289 business math texts in inventory. During one month, the online bookstore ordered and received 1,855 texts; it also sold 1,222 on the web. What is the bookstore’s inventory at the end of the month? If each text costs $59, what is the end-of-month inventory cost?

A collection of financial records that employ double-entry accounting is referred to informally as a T-account.

The phrase defines how the bookkeeping entries appear. On a page, a huge letter T is first drawn.The account name is then written above the top horizontal line and split by the bottom horizontal line., and below that, split by the vertical T of the letter, debits are reported on the left and credits are recorded on the right.

Every financial transaction is taken into account to have an impact on at least two of a company's accounts in double-entry bookkeeping, a common accounting technique. Each transaction will be recorded in one account as a debit entry and in the other as a credit entry.

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The amount of current liabilities is $23,600

Current liabilities refers to liabilities of a company that have to be settled in cash within the fiscal year.

The current liabilities here are Deferred revenue, Accounts payable and Interest payable. Note that notes payable are due in more than 12 months, so, these are not a current liability.

Amount of Current Liabilities = Deferred revenue + Accounts payable + Interest payable

Amount of Current Liabilities = $4,300 + $13,700 + $5,600

Amount of Current Liabilities = $23,600

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Total liabilities and equity: $36,050 Note that the negative retained earnings indicate that the company has not yet generated enough revenue to cover its expenses.

Why is it?

Based on the given transactions, the balance sheet of the company can be prepared as follows:

Assets:

Cash and cash equivalents: $12,520 ($10,000 initial investment + $2,520 from servicing computers)

Inventory: Not provided

Equipment: $23,530 ($20,530 total equipment cost - $5,000 contributed equipment + $8,000 loan from bank)

Total assets: $36,050

Liabilities:

Bank loan: $49,000

Total liabilities: $49,000

Equity:

Share capital: $10,000

Retained earnings: -$22,950 ($1,485 rent + $20,000 shopfitters + $1,000 newspaper ad + $1,500 insurance + $350 cash register + $400 lounge suite + $380 table and chairs)

Total equity: -$12,950

Therefore, Total liabilities and equity: $36,050

Note that the negative retained earnings indicate that the company has not yet generated enough revenue to cover its expenses.

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B. one person can produce a good at a lower opportunity cost than another person.

Comparative advantage is a concept in economics that refers to the ability of a person, firm, or country to produce a good or service at a lower opportunity cost than another. Opportunity cost is the cost of forgoing an alternative opportunity in order to pursue a particular action. Hence, the correct option will be B: one person can produce a good at a lower opportunity cost than another person.

For example, let's say Person A can produce 10 units of product X or 5 units of product Y in one hour, while Person B can produce 8 units of product X or 4 units of product Y in one hour. Person A has an absolute advantage in producing both X and Y, as they can produce more of each product than Person B. However, Person B has a comparative advantage in producing product Y, as they can produce it at a lower opportunity cost than Person A, since they have to give up less of their production of product X to produce product Y.

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(a) Cost of property, plant and equipment:

(i) Land: RM2,000,000

(ii) Land Improvement: RM165,000

(iii) Building: RM1,880,000

(iv) Equipment: RM4,595,350

(b) Journal entries:

Debit: Equipment (new truck) RM250,000, Accumulated Depreciation RM160,000, Cash RM50,000

Credit: Equipment (old truck) RM100,000.

(a) Calculation of cost of property, plant and equipment:

(i) Land:

Cost of land: RM2,000,000

(ii) Land Improvement:

Fencing around the land: RM100,000

Landscaping (trees and shrubs): RM40,000

Parking lots and concrete walks: RM200,000

Total land improvement cost: RM100,000 + RM40,000 + RM200,000 = RM340,000

(iii) Building:

Construction costs: RM1,200,000

Demolition cost: RM50,000

Insurance premium (50% during construction): RM30,000 * 50% = RM15,000

Total building cost: RM1,200,000 + RM50,000 + RM15,000 = RM1,265,000

(iv) Equipment:

Manufacturer's list price: RM4,500,000

Discount received (2% of RM4,500,000): RM4,500,000 * 2% = RM90,000

Net amount paid for equipment: RM4,500,000 - RM90,000 = RM4,410,000

Additional components cost: RM100,250

Delivery charge: RM75,000

Installation charge: RM50,000

Storage cost: RM5,000

Total equipment cost: RM4,410,000 + RM100,250 + RM75,000 + RM50,000 + RM5,000 = RM4,640,250

(b) Journal entries for the exchange of truck:

Debit:

- Equipment (new truck): RM250,000

- Accumulated Depreciation: RM160,000

- Cash: RM50,000

Credit:

- Equipment (old truck): RM100,000

Note: The above journal entries reflect the exchange of the old truck with a new truck where the fair value of the old truck is RM100,000 and the cash paid is RM50,000. The difference between the fair value of the old truck and the cost of the new truck is accounted for in the Equipment (new truck) account.

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The federal funds rate is the interest rate at which banks can lend or borrow money from each other, or from the Federal Reserve, overnight. The Federal Reserve sets a target for the federal funds rate, which is used as a benchmark for other short-term interest rates.

The federal funds rate is important because it serves as a benchmark for other short-term interest rates. Changes in the federal funds rate can affect interest rates on credit cards, auto loans, and home mortgages, as well as the return on savings accounts and certificates of deposit.

When the Federal Reserve lowers the federal funds rate, it is trying to stimulate economic growth by making it cheaper for businesses and consumers to borrow money. This can lead to increased spending, which in turn can lead to more hiring and higher wages. On the other hand, when the Fed raises the federal funds rate, it is trying to slow down the economy and control inflation which can make borrowing more expensive and lead to less spending and hiring.

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Answer:

Selection measures simply refer to the yardstick that HR Managers or businesses use to make hiring decisions.

Three litmus tests which the successful candidate must pass are:

1. Culture Fit: An International Resort business with a 5-star rating must have gotten there with the right values, and culture. When a candidates attitudes, beliefs and values mirror that of the organisation, they are said to be culture fit.

2. Job Fit: It is the job of the Human Resources manager to ensure that the candidate can do the job. He or she can achieve this by using various recruitment, selection and interview. For a 5 Start International Resort, for instance, the employees must be very people-centric, courteous and display high levels of social and emotional intelligence.

3. Background Checks: Having satisfied the first two criteria, the prospective employees must have strong references and background checks which reveal:  

Cheers!

At the end of 2011, the XYZ city deferred Br. 40,000 in property taxes, which means that the city did not recognize this amount as revenue in the 2011 financial statements. Instead, it carried it forward as a liability on the beginning balance sheet for 2012.

In 2012, the Br. 40,000 deferred property taxes are recognized as revenue, reflecting an increase in the city's financial resources. This recognition follows the accrual accounting principle, where revenue is recognized when it is earned, regardless of when the cash is received. By recognizing the deferred property taxes as revenue in 2012, the city accurately reflects its financial position and performance for that year.

The recognition of the deferred property taxes as revenue in 2012 will impact the city's income statement, increasing its revenue figure, and potentially affecting its net income or surplus. It also signifies the city's ability to generate resources from property taxes, which can contribute to funding public services and projects within the XYZ city.

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The asset that is the most liquid is a certificate of deposit. This is further explained below.

Generally, a certificate of deposit is simply defined as depositors who put money in the bank for a certain period of time being given a certificate of deposit.

In conclusion, The  asset that  is the most liquid is  a certificate of deposit

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Answer:

A wholesaler serves as a link between a manufacturer and a retailer. Wholesalers buy huge quantities of things at a discounted price and sell them to retailers or other firms, who then sell them to end customers through their e-commerce sites or storefronts.

Explanation: Hope this helps :D

A hotel allows travelers concerned about personal con tact to access rooms with an a pp instead of a key.

A scenario where the hotel's location and proximity to attractions might affect room rates is when a hotel is very close to the main highway and is also within walking distance from a metro station. Thus, Option (C) is correct.

Being close to the main highway makes the hotel easily accessible to travelers, while being within walking distance from a metro station provides convenience for guests using public transportation. Such advantageous locations can attract more guests, leading to higher demand for the hotel's rooms.

As a result, the hotel may charge higher room rates to capitalize on its strategic positioning. Additionally, the added convenience and time-saving benefits of staying near major transportation hubs and attractions justify the potential price adjustments.

Thus, Option (C) accurately, exemplifies how a hotel's location can play a crucial role in determining its room rates based on demand and value-added amenities.

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Which of the following accurately describes a scenario in which location and proximity to attractions might affect room rates?

A)A beachfront hotel in Virginia charges triple the price for its rooms in June in comparison to January.

B)A hotel allows travelers concerned about personal contact to access rooms with an app instead of a key.

C)A hotel is very close to the main highway and is also within walking distance from a metro station.

D)Hotels globally dropped their prices and offered free cancellations during the COVID-19 crisis.

Answer:

$393,162

Explanation:

Units sold last year were 3,700

the projection for this year is an increase of 10% in volume.

projected units sales for this year will be

=110% of 3,700

=1.1 x 3,700

=4,070 units

The selling price last year was $75.

projected price this year is an increase by 40%

price for this year will be 140% of $75

=140/100 x $75

=1.4 x $75

=$105

Projected sales in dollar will be sales volume x selling price

= 4070units x $105

=$427,350

Purchase return = 8% of projected sales in dollars

=8/100 x  $427,350

=34,188

Net projected sales

= $427,350 - $34,188

=$393,162

Monetary Policy Implementation: The Fed's Policy Toolkit. Reserve requirements, the discount rate, and open market operations are the three instruments the Fed has historically used to implement monetary policy.

To accomplish macroeconomic objectives, a monetary policy employs a variety of tools, including open market operations, requirements for bank reserves, and the discount rate. Open market operations, however, are regarded as the most significant and frequently applied tool of the three.

The most crucial and efficient method of expanding the money supply out of these three is to purchase bonds on the open market. The Fed must convince banks to make fewer loans if it wants to shrink the money supply.

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Michael should receive $124,000 in the final settlement.

First, we need to determine the total value of the partnership's assets. The cash is worth $10,000, and the equipment has a book value of $160,000. If the equipment is sold for $100,000, we need to adjust the value of the assets accordingly:

Total assets = Cash + Equipment - Equipment loss

Total assets = $10,000 + $160,000 - ($160,000 - $100,000)

Total assets = $110,000

Next, we need to determine the partners' shares of the remaining assets based on their profit-sharing ratios. The total profit-sharing ratio is 4 + 3 + 3 = 10.

Michael's share = (4/10) x $110,000 = $44,000

Gregory's share = (3/10) x $110,000 = $33,000

Phillips' share = (3/10) x $110,000 = $33,000

Finally, we need to add the partners' capital account balances to their shares of the remaining assets to determine their total distribution.

Michael's total = $44,000 + $80,000 = $124,000

Gregory's total = $33,000 + $60,000 = $93,000

Phillips' total = $33,000 + $30,000 = $63,000

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The given question is incomplete, the complete question is:

A partnership has assets of cash of $10,000 and equipment with a book value of $160,000. All liabilities have been paid. The partners' capital accounts are as follows Michael $80,000, Gregory $60,000 and Phillips $30,000. The partners share profits and losses on a 4:3:3 basis. If the equipment is sold for $100,000 and there are no liquidation expenses what amount should Michael receive in the final settlement?

Answer: Solution for What is 30 percent of 3/5

30 percent *3.50 =

(30:100)*3.50 =

(30*3.50):100 =

105:100 = 1.05

Now we have: 30 percent of 3.50 = 1.05

Question: What is 30 percent of 3.50?

Percentage solution with steps:

Step 1: Our output value is 3.50.

Step 2: We represent the unknown value with $x$x​.

Step 3: From step 1 above,$3.50=100\%$3.50=100%​.

Step 4: Similarly, $x=30\%$x=30%​.

Step 5: This results in a pair of simple equations:

$3.50=100\%(1)$3.50=100%(1)​.

$x=30\%(2)$x=30%(2)​.

Step 6: By dividing equation 1 by equation 2 and noting that both the RHS (right hand side) of both

equations have the same unit (%); we have

$\frac{3.50}{x}=\frac{100\%}{30\%}$

3.50

x​=

100%

30%​​

Step 7: Again, the reciprocal of both sides gives

$\frac{x}{3.50}=\frac{30}{100}$

x

3.50​=

30

100​​

$\Rightarrow x=1.05$⇒x=1.05​

Therefore, $30\%$30%​ of $3.50$3.50​ is $1.05$

Explanation:

Answer: 2

Explanation:

30% 0f that number works out to be 3/5

30/100 * x = 3/5

isolate x by multiplying on both sides by 100/30

100/30 * 30/100 *x = 100/30 * 3/5

x = 20/10 = 2

Treat it as direct proportion

3/5 = 0.6

so,

x/100 = 0.6/30

x = 100*0.6/30

x = 2

The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.

Direct materials (Assembly + Testing & Packaging) = $375 + $39

= $414

Direct labor (Assembly + Testing & Packaging) = $168 + $84

= $252

Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126

= $442

Total manufacturing cost = $414 + $252 + $442

= $1110

Unit product cost = Total manufacturing cost / Number of units

= $1110 / 10

= $111.00

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Answer:

A) Wages

Explanation:

The term that best completes the diagram is A) Wages.

The discovery of Stephen realizing that the same shoes he just purchased are being offered for a lower price by the same company is known as predatory pricing.

Predatory pricing is a marketing strategy that employs the approach of discounting on a wider scale, in which a dominating corporation in an industry may purposefully lower the prices of a product to potential loss levels within the short term.

Predatory pricing typically causes customers harm or loss and is viewed as anti-competitive in many regions, rendering the practice unlawful under several legal provisions.

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Here is an example of a three-day activity log:

Day 1:

Time Sleep Personal Travel Work School Fitness Recreation Volunteer

12:01-1:00 1

1:00-2:00 1

2:00-3:00 1

3:00-4:00 1

4:00-5:00 1

5:00-6:00 1 1

6:00-7:00 1 1

7:00-8:00 1 1

8:00-9:00 1 1

9:00-10:00 1 1

10:00-11:00 1 1

11:00-12:00 1 1

12:00-1:00 1

1:00-2:00 1

2:00-3:00 1

Day 2:

Time Sleep Personal Travel Work School Fitness Recreation Volunteer

12:01-1:00 1

1:00-2:00 1

2:00-3:00 1

3:00-4:00 1

4:00-5:00 1

5:00-6:00 1 1

6:00-7:00 1 1

7:00-8:00 1 1

8:00-9:00 1 1

9:00-10:00 1 1

10:00-11:00 1 1

11:00-12:00 1 1

12:00-1:00 1

1:00-2:00 1

2:00-3:00 1

Day 3:

Time Sleep Personal Travel Work School Fitness Recreation Volunteer

12:01-1:00 1

1:00-2:00 1

2:00-3:00 1

3:00-4:00 1

4:00-5:00 1

5:00-6:00 1 1

6:00-7:00 1 1

7:00-8:00 1 1

8:00-9:00 1 1

9:00-10:00 1 1

10:00-11:00 1 1

11:00-12:00 1 1

12:00-1:00 1

1:00-2:00 1

2:00-3:00 1

Note: The actual activities and time allocation would depend on the individual's personal and work life. This is just an example to illustrate how the log can be filled out.

It's important to be honest and accurate while filling out the log to get the most benefit from it.

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Answer:

Capital assets, such as plant, and equipment (PP&E), are included in long-term assets, except for the portion designated to be depreciated (expensed) in the current year.

Answer:xz

Explanation:xx

Answer:

Explanation:

Select the correct answer from each drop-down menu.

Identify the interpersonal skills demonstrated in this scenario.

Belinda gets along well with her coworkers and managers because she doesn’t judge people, even when she disagrees with them. She is demonstrating the skill of

respect for diversity

.

Harold is always in demand because he takes time to help others when they are struggling to complete a task. He is demonstrating the skill of

social sensitivity

.

Answer:

add all together 19 x1000

19995 has a square root of around 141.429.

There are two square root for every positive integer x: a positive square root sqrt and a negative square root sqrt. By expressing the sign as display style pm sqrt x, the two roots may be conveyed more concisely. Even though the major square root is only one of a positive number's around two square roots, the phrase "the square root" is occasionally used to refer to it.

The context of complex numbers can be used to analyze square roots of negative numbers. More broadly, square roots can be taken into account in any situation where the concept of an object's "square" is established. Among other mathematical structures, these include square matrices and function spaces.

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Suppose that Honduras is open to international trade in oranges without any restrictions, it will import an infinite amount of oranges. Therefore, the import of oranges can be limited through a tariff. The Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers.

A tariff of $720 per ton will achieve this. A tariff set at this level would raise $72,000 in revenue for the Honduran government.

Tariff: It is a tax imposed by a government on imported or exported goods. The main purpose of a tariff is to limit imports and protect domestic production and employment.

In this scenario, a tariff is imposed by the Honduran government to limit the import of oranges and help domestic producers. Therefore, if the tariff is set at $720 per ton, then it would reduce the imports of oranges to exactly 100 tons, which is the desired goal of the Honduran government.

Moreover, the tariff rate multiplied by the number of imports gives the amount of revenue raised by the Honduran government, which is $720 × 100 = $72,000. Thus, a tariff set at $720 per ton will raise $72,000 in revenue for the Honduran government.

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Answer:

C

Explanation:

LRAS would shift left because there would be fewer workers available to produce goods at any given price. however sras is capable of shift left and right.

hope this helps <3

If Rolo's charge account statement showed a previous balance of $658.94. The new balance on Rolo's charge account is $812.89.

First step is to calculate the subtotal of charges:

Subtotal of charges = Previous Balance + Finance Charge + New Purchases

Subtotal of charges = $658.94 + $10.71 + $54.21 + $36.28 + $98.56

Subtotal of charges = $858.70

Second step is to calculate the subtotal of credits:

Subtotal of credits = Credits - Payment

Subtotal of credits = $145.81 - $100.00

Subtotal of credits = $45.81

Now let calculate the new balance:

New Balance = Subtotal of charges - Subtotal of credits

New Balance = $858.70 - $45.81

New Balance = $812.89

Therefore the new balance on Rolo's charge account is $812.89.

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Answer:

Jose's father weighs 70 kilos.

Explanation:

Given that Jose weighs 25 kilograms, while his father is 5 kilograms less than 3 times Jose's weight, to determine what is the weight of Jose father the following calculation must be performed:

Jose = 25

Father = (25 x 3) - 5

Father = 75 - 5

Father = 70

Therefore, Jose's father weighs 70 kilos.

An advertising campaign is a series of product-related activities designed to get the attention of customers. Option D

An advertising campaign is a series of product-related activities designed to get the attention of customers. It involves the creation and dissemination of advertising messages through various channels such as TV, radio, print, online and social media, with the goal of promoting a product, service or brand to a specific target audience.

The campaign typically has a specific objective and a set budget and may run for a defined period of time.

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