Ending Balance of Retained Earnings: $382,000
To prepare the retained earnings statement, Blossom needs to start with the beginning balance of retained earnings, which is calculated by subtracting the total of liabilities and common stock from assets.
Beginning Balance of Retained Earnings: $575,000 - $137,000 - $127,000 = $311,000
Next, Blossom needs to add the net income for the year to the beginning balance of retained earnings:
Net Income: $295,000
Beginning Balance of Retained Earnings: $311,000
Total Retained Earnings: $606,000
Finally, Blossom needs to subtract the dividends paid during the year from the total retained earnings:
Dividends Paid: $224,000
Total Retained Earnings: $606,000 - $224,000 = $382,000
Therefore, the retained earnings statement in good form would look like this:
Beginning Balance of Retained Earnings: $311,000
Add: Net Income: $295,000
Total Retained Earnings: $606,000
Less: Dividends Paid: $224,000
Ending Balance of Retained Earnings: $382,000
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what did not contribute to the collapse of the stock market in 1929?
Answer: stock prices reflected the real value of companies
Explanation:
In the early 1900s, the ________ bitterly criticized business and political corruption and condemned the cruel treatment of workers.
In the early 1900s, the muckrakers bitterly criticized business and political corruption and condemned the cruel treatment of workers.
Political corruption is using powers via authorities officials or their community contacts for illegitimate non-public benefit. forms of corruption range, but can encompass bribery, lobbying, extortion, cronyism, nepotism, parochialism, and patronage, and have an impact on peddling, graft, and embezzlement.
Condemned is declared to be reprehensible, incorrect, or evil condemned practices.
Cruelty is the delight in causing struggling or inactiveness closer to another's struggling whilst a clear treatment is easy to be had. Cruelty can also be related to this form of movement or idea. Cruel approaches to causing suffering may additionally contain violence, but affirmative violence isn't always vital for an act to be merciless.
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Joey has $1,000.00 to invest. He loves tracking crude oil prices. If he were to invest, what type of investment strategy would he be investing in?
An investment strategy is a plan created to assist lone investors in achieving their monetary and investment objectives. Your specific circumstances, including your age, wealth, risk tolerance, and aspirations, will determine your investing plan.
What is an investment strategy example?Due to the possibility of generating a monthly rental income, rental properties are a typical form of income investment. You may then utilize those profits to increase the size of your investment portfolio. Dividend stocks, index funds, and specific bonds are some more typical income investment ideas.
Finding growth investments is a common beginner's tactic. This entails searching for up-and-coming businesses and buying a stock before the enterprise takes off. When using a growth investing plan, one of the most well-known instances is to look at Apple shareholders.
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what are expenses from those:
1. premises
2. Machinery
3. Rent received
4. Advertising
5. Motor Vehicle
6: Motor expense
1. on culture: suppose the education system of a given country teaches values that can make it very difficult to do business profitably in the country. is that an impossible barrier, or is there anything that can be done to change it? defend your answer.
Education plays an important role in carving the personality of an individual, but other factors such as religion, culture and traditions are also responsible in shaping individuals personality.
What is culture?Culture is an umbrella term that encompasses human societies' social behaviour, institutions, and norms, as well as the individuals' knowledge, beliefs, arts, laws, customs, capabilities, and habits. Culture is frequently attributed to or originated in a specific region or location.
Education is important in shaping an individual's personality, but other factors such as religion, culture, and traditions are equally important.
Aside from these factors, an individual's perception of a situation or environment plays an important role in the development of specific personality traits.
As a result, a value-based educational system is not an impassable barrier to doing business. Individuals' working styles are influenced by their operating experience and perception of the business environment.
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A firm has preferred stock that pays an 8 percent dividend on a $75 par value. If a new issue is offered, flotation costs will be 3 percent of the current market price of $80. The firm's marginal tax rate is 35 percent. What is the firm's cost of preferred stock financing? a. 8.0% b. 7.7% c. 6.7% d. 5.0% e. 74%
The firm's cost of preferred stock financing is approximately 5.55%, which is closest to option d) 5.0%.
To calculate the firm's cost of preferred stock financing, we need to consider the dividend payment, flotation costs, and the tax rate.
The dividend payment on the preferred stock is 8% of the $75 par value, which is $75 * 0.08 = $6 per share.
The flotation costs are 3% of the current market price of $80, which is $80 * 0.03 = $2.40 per share.
Since the flotation costs are tax-deductible, we need to adjust the cost by the tax rate. The after-tax flotation costs are $2.40 * (1 - 0.35) = $1.56 per share.
The net cost of preferred stock financing is the dividend payment minus the after-tax flotation costs, which is $6 - $1.56 = $4.44 per share.
To calculate the percentage cost, we divide the net cost by the market price and multiply by 100: ($4.44 / $80) * 100 = 5.55%.
Therefore, the firm's cost of preferred stock financing is approximately 5.55%, which is closest to option d) 5.0%.
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Investment spending includes spending on: Multiple Choice consumer durable goods. New capital goods. Services. Stocks and bonds
investment spending includes spending on:
a. New capital goods.
b. Services.
Investment spending refers to spending on goods and services that are used to produce other goods and services in the future, such as new capital goods (e.g. machines, equipment, buildings) and services (e.g. research and development, business consulting). It does not include spending on consumer durable goods (e.g. cars, appliances) or stocks and bonds.Capital goods are physical assets that are used in the production of goods and services. Examples of capital goods include machinery, equipment, and buildings. They are typically long-lasting and are used repeatedly in the production process. New capital goods refer to newly acquired or manufactured items that are used for production. They can be bought or leased and are often used to increase productivity, efficiency, or output.
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What would be the total cost of software F
over time?
$[?]
$6,000
Software E
Software F
$10,000
Satisfaction 75%.$0
Not Satisfied
Satisfaction,
Not Satisfied
25% $12,500
90%-$0
10% $5,000
Enter
The total cost of software F over time is - $3000.
The total cost of software E over time is $1,900.
Data and calculations:
Software cost F = 10,000
Satisfaction rate with F software = 75%
Cost of satisfaction level = 0
Dissatisfaction level cost = 12,500
Percentage of unsatisfied = 25%
The total cost of F software over time is - $3000 {($10,000 x $75% - $0) + ($10,000 x $25% - $12,500)}.
Software cost X = 6,000
Satisfaction rate with software X=90%
Cost of satisfaction level = 0
Dissatisfaction level cost = 5,000
Percentage of unsatisfied = 10%
The total cost of E software over time is $1,900 {($6,000 x 90% - $0) + ($6,000 x 10% - $5,000)
What is total cost?Total cost refers to the amount of economic cost of production and consists of variable cost, which varies depending on the quantity of a good produced with inputs such as labor and raw materials, plus fixed cost, which is independent of the quantity of a good produced plus inputs that cannot be varied in the short term such as buildings and machinery, together with possibly sunk costs.
Therefore, the correct answer is as given above.
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what can i do if my total in cash account is not the same in credit and debit side?
Answer:
Consider which items are meant for debit and credit.
Explanation:
The principle of double entry States that for every debit entries, there must be a corresponding credit entries and vice versa. This principle follow suits when preparing ledger accounts and trial balance.
Trial balance is the arithmetrical accuracy of the ledger. Once double entry principle is adhered to, the trial balance must definitely balance.
Where there are differences, check that items which ought to be debited and credited are correctly done. Also check if correct amount is posted like avoiding transposition error.
Identify any company of your choice
2.2 Give a brief history of the company
2.3 In detail, discuss the SWOTS of the above company, and provide relevant examples
SWOT analysis is a strategic planning tool used to assess the strengths, weaknesses, opportunities, and threats of an individual, organization, or project. I will choose Apple Inc. Identify any company of your choice: Apple Inc.
2.2 Brief history of the company: Apple Inc. is an American multinational technology company that designs, develops, and sells consumer electronics, computer software, and online services. Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976. The iPad tablet computer was introduced in 2010, and the Apple Watch smartwatch was introduced in 2015. Apple's online services include the iTunes Store, the iOS App Store, and Mac App Store, Apple Music, and iCloud.
2.3 SWOT analysis of Apple Inc. (with relevant examples)
Strengths- Apple is a brand leader with a loyal customer base that is willing to pay premium prices for its products. Its strong brand identity and reputation have been built up over years of innovative and cutting-edge products and services. Apple's brand recognition also contributes to its successful marketing campaigns.
Weaknesses- Apple's heavy reliance on its iPhone product line puts the company at risk of significant revenue losses if there is a decline in demand for the product. This was evident in 2019 when iPhone sales declined, leading to a decrease in overall revenue for the company.
Opportunities- Apple has an opportunity to expand into new markets and regions. For instance, the company has been expanding its services segment with the introduction of Apple Music and Apple TV+, which can be accessed by users around the world.
Threats- Competition is one of the biggest threats to Apple. With the rise of Chinese competitors such as Huawei and Xiaomi, and the increasing popularity of budget smartphones, Apple faces significant competition in the market.
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You can best show a business your interest in their job position through:
A.)social media
b.) an application
c.) a resume
d.) a cover letter
Answer:
d.) a cover letter
Explanation:
The best way to show a company/business your interest in the job position is through the cover letter. This is a letter that goes in front of your resume when applying for a job and is where the applicant usually explains who they are and why they want the job. This cover letter is the first thing that the employer will see and should tell them why you want the job and why you are the best choice for that job in order to convince them into interviewing or hiring you.
Your mentor suggests that you assume a ''power pose'' before a stressful job interview. Striking such a pose is an example of positive __________ behavior that helps some people perform better.
Striking a “power pose” is an example of positive kinesic behavior that helps some people perform better.
Holding a position of power produces a chemical process, causing our testosterone to increase and cortisol to decrease. These lead us to a confident and calm state that others can evidence.
Through body language, the interviewer can gather valuable information that is not expressible by words alone. It helps identify whether the candidate is self-assured, confident, focused, or motivated. It can also reveal whether the person is nervous, insecure, or bored.
Non-verbal communication is the communicative process by which signals are sent and received without the need for spoken words.
Besides body language (kinesics), touch (haptic) can reveal aspects of a person by how they approach others with a touch, as well as the distances a person chooses to maintain in front of others (proxemics).
Kinesics derives from the word “Kinesis”, meaning movement. It stands to the study of the body’s movements, specifically head movements, eye contact, hand gestures, and, more importantly, posture, as if they were verbal communications.
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This is a method of evaluation in a credit bureau that assigns points based on several factors to compute credit
scores for consumers.
Answer:
point system
Explanation:
If my revenue is one million and my expenses are 1,386,000, what's my profit in percentage
The profit in percentage given the revenue and the expenses is -38.60%
What is the profit in percentage?Percentage is the fraction of a number expressed as a value out of 100. The sign that is used to represent percentage is %. In order to convert a number to percentage, multiply by 100.
Profit is the difference between revenue and expenses. Revenue is the total income earned by a company before any deductions are made. Expenses include all the cost incurred in running a business.
Profit = revenue - expenses
1,000,000 - 1,386,000 = -386,000
Profit in percentage = (profit / revenue) x 100
(-386,000 / 1,000,000) x 100 = -38.6%
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Alfonso's Daughter Is On The High School Football Team And The Team Is Hosting A Bake Sale To Raise Funds For Travel. This Is An Example Of: a. Indirect Channel
b. Retail Channel c. Agent Channel d. Direct Channel
The scenario described, where Alfonso's daughter's high school football team is hosting a bake sale to raise funds for travel, is an example of a direct channel.
A direct channel refers to a distribution channel that involves the manufacturer or producer selling directly to the end consumer, without the involvement of intermediaries such as wholesalers, distributors, or retailers.
In this case, the high school football team is the producer, and they are directly selling their baked goods to end consumers, which are likely members of the local community.
The use of a direct channel can be advantageous in certain situations. It allows the producer to have more control over the marketing and sales process, and potentially earn higher profit margins by eliminating intermediary markups.
Additionally, direct channels can be beneficial for building relationships with customers and gathering direct feedback on the product or service being sold.
In conclusion, the high school football team hosting a bake sale to raise funds for travel is an example of a direct channel distribution, where the producer (the football team) is directly selling their product (baked goods) to end consumers.
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for audits of financial statements made in accordance with generally accepted auditing standards the use of analytical procedures is required to some extent.
a. As a substantive test: yes; in the final review stage: yes
b. As a substantive test: yes; in the final review stage: no
c. As a substantive test: no; in the final review stage: yes
d. As a substantive test: no; in the final review stage: no
The correct answer is (a) As a substantive test: yes; in the final review stage: yes.
Analytical procedures are an important component of the audit process and are required to some extent for audits of financial statements conducted in accordance with generally accepted auditing standards (GAAS).
Analytical procedures involve evaluating financial information through analysis and comparison of relationships and trends. They help auditors identify unusual or unexpected fluctuations, potential errors, or inconsistencies that may indicate material misstatements in the financial statements.
Analytical procedures are used in two different stages of the audit process:
1. As a substantive test: During the substantive testing phase, analytical procedures are performed to obtain substantive evidence regarding specific assertions made in the financial statements. Auditors use analytical procedures to assess the reasonableness of financial statement balances or transactions and to identify potential areas of risk that require further investigation. This helps in determining the nature, timing, and extent of substantive testing procedures to be performed.
2. In the final review stage: Even after completing the substantive testing phase, auditors perform analytical procedures as part of the final review stage. This is done to gain an overall understanding of the financial statements, assess the overall reasonableness and consistency of financial results, and detect any potential material misstatements that may have been missed during the substantive testing phase. The final review stage allows auditors to consider the financial statements as a whole and provide an independent opinion on their fairness and compliance with applicable accounting standards.
Therefore, analytical procedures are used both as a substantive test and in the final review stage of the audit process, making option (a) the correct answer.
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Which of the following could result in higher living costs for the homeowner that the renter doesn’t have? a. Decreased property value b. Down payment c. Maintenance d. Monthly payment.
Maintenance could result in higher living costs for the homeowner that the renter doesn't have.
The homeowners are more beneficial as compared to renters because the homeowners own the house as the property or the assets or can be called as the possession.
Who are the renters?The renter is the person who takes a room or part of the house at rent and pays for the area that is utilized by the individual.
The maintenance cost is the additional cost that is paid by the renter to the homeowner in order to keep the rooms and the house well maintained.
Therefore, the correct answer is C.
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What is the summary of the podcast "Go after what you want before it's too late with" by Rich Cardona
Answer:
The podcast is about how to go after what you want in life before it's too late. Rich Cardona interviews people who have done just that and shares their stories.
Is debt finance the same as debt capital?
Answer:
no they are not the same hope this helps
What is the definition of hangry my friend keeps saying it but i dont understand
Answer:
hangry is when you feel hungry and angry at the same time
Explanation:
basically, your angry because of the fact that your hungry
how is planning done and why is it important
Answer:
Planning helps us decide how best to use our resources (people, time, money, information, equipment) so that they make the most significant contribution to achieving our goal. Planning lays the basis for us to assess and evaluate our achievements effectively.
Explanation:
Hope it helps!!!
You are reporting on a concert that is coming to town tonight. Since the concert is a big event, you have a full minute for your news segment. You have shot all kinds of footage with the band, interviews with the fans, video of the venue and the band’s tour bus arriving and found footage from some of the band’s previous shows.
Use the storyboard below to edit all of your footage into a one-minute story. In each box describe what footage you’d use, write what will be said (or what viewers will hear) and how long it will last. Your story should include commentary and information on the concert along with the visuals.
There needs to be extensive planning for this. To begin, you must focus on the point that you want to emphasise the most, making sure to adhere to all the guidelines. There should be a box for each highlighted section.
In management, what does planning mean?Setting goals and figuring out a plan of action to reach those goals is the responsibility of planning, a management function. It is necessary for managers to foresee future situations and be aware of current environmental factors affecting their firm. The act of planning is considering the steps necessary to accomplish a specific objective. The essential ability for mental time travel, foresight, is the foundation of planning. It is claimed that one of the main forces in human evolution was the development of foresight, or the ability to plan forward.
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During the past year, a company thad cash flow io stockholders, an operating cash fow, and riet capetal spending of $16,158,538,834, and $17,800, respectively. The net working capitat at the beginning of the year was $6,822 and it was $8,480 at the end of the year. What was the company's cash flow to ereditors during the year?
Cash flow to creditors refers to the amount of cash that was paid to the creditors over a particular period. It is one of the three major sections of a cash flow statement, the other two being cash flow from operations and cash flow from investing.
The cash flow statement is used to describe a company’s cash inflows and outflows and is an essential financial statement to analyze the company’s financial health. In this question, the cash flow to creditors during the year can be calculated using the formula below: Cash flow to creditors = interest payments - net new borrowing The net new borrowing can be calculated using the formula below: Net new borrowing = (ending long-term debt - beginning long-term debt) + (ending short-term borrowing - beginning short-term borrowing)Using the figures provided in the question: Net new borrowing = (0 - 0) + (17800 - 0) = $17,800The interest payments made during the year were not given in the question, hence, we cannot calculate the cash flow to creditors directly.
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_______are independent businesses that do not own the products they sell. They act as intermediaries to brinna
buyers and sellers together
Agents and brokers
Wholesalers
Retailers
Final consumers
Answer:
Agents and brokers
Explanation:
Agents and brokers connect buyers and sellers. They are contracted by either sellers or buyers to help them increase sales or find items to buy. Agents and brokers act on behalf of their clients.
Wholesalers and retailers take ownership of the goods they sell. They first buy the goods, which gives them title to the goods before selling to retailers or consumers. Agent and brokers do not buy goods. They look for buyers or sellers for their clients' merchandise.
a 6.75 percent coupon bond with 10 years left to maturity is priced to offer a 6.5 percent yield to maturity. you believe that in one year, the yield to maturity will be 6.65 percent. if this occurs, what would be the total return of the bond in percent? (assume semiannual interest payments and $1,000 par value.) multiple choice 5.5 percent 5.6 percent 6.6 percent 6.7 percent
The total return of the bond can be calculated by adding the income return and the capital gains/losses. To calculate the income return, we need to find the semiannual interest payment.
The coupon rate is 6.75 percent, so the semiannual interest payment is (6.75 percent / 2) = 3.375 percent. To calculate the capital gains/losses, we need to find the difference between the yield to maturity (YTM) and the new yield to maturity (NYTM). The YTM is 6.5 percent, and the NYTM is 6.65 percent. The difference is (6.65 percent - 6.5 percent) = 0.15 percent. The total return is the sum of the income return and the capital gains/losses. The income return is 3.375 percent, and the capital gains/losses are 0.15 percent. Therefore, the total return is (3.375 percent + 0.15 percent) = 3.525 percent. Therefore, the total return of the bond in percent would be 3.525 percent.
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When a business pays for the use of an equipment owned by an outside supplier for a specified period of time, the process is known as:
when a business pays for the use of an equipment owned by an outside supplier for a specified period of time the process is known as Leasing
LEASING
In which type of economy is a business owner most likely to benefit from free enterprise?
A.Traditional Economy
B.Mixed Economy
C.Market Economy
D.Command Economy
*15 POINTS*
PLEASE HELP WITH ALL SOLUTIONS
Answer:
i cant see them
Explanation:
High team cohesion and team norms that support the company’s goals will generally result in ________ performance. group of answer choices moderate poor low high
Last option. High team cohesion and team norms that support the company’s goals , will generally result in high performance.
What is meant by high cohesiveness in a team?This is the team that is known to have a high degree of unity existing in it. This is the type of team that would have the members aligning together this is what is meant by cohesion. This type of team is needed in every organization.
The reason is that that they have the ability to work together without issues. This would help to raise the performance of the team. Also the team would not have much issues. This would in turn show in the fact that the productivity of the company would be raised.
High team cohesion and team norms that support the company’s goals will generally result in high performance.
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PLEASE HELP! IN A TEST! A salesperson may sell from a distance except when it involves _____.
A. contacting people through email messages
B. contacting people who have opted
out of receiving sales messages
C. letting customers place orders on a company's website
D. contacting people through telemarketing
Answer:
b
Explanation:
A salesperson may sell from a distance except when it involves contacting people who have opted out of receiving sales messages. Thus option (b) is correct.
Who is a salesperson?A salesperson is a person who is employed by a company or organization to sell products or services to customers. The primary role of a salesperson is to identify potential customers, establish relationships with them, and persuade them to purchase the company's products or services.
They may use a range of techniques to sell, including advertising, direct marketing, and personal selling. Successful salespeople typically have strong communication, interpersonal, and negotiation skills, and are able to build trust and rapport with customers.
If a person has opted out of receiving sales messages, the salesperson is not allowed to contact them for marketing purposes. Therefore, option (b) is correct.
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