The total recorded cost of the land is $ 207,100.
What does the term Land acquisation mean?
The ability of the government to seize private property for public use while compensating the original owners and other parties impacted by the acquisition is known as land acquisition.
The contract price, commissions, options, legal fees, title searches, insurance premiums, and unpaid taxes are all included in the recorded cost of land. Additionally, there are costs associated with conducting surveys and preparing the land for its intended use, such as clearing and grading.
The informations given in the question are-
Purchase price of the land = $ 186,000
Real estate commissions = 16,100
Legal fees = 1,900
Expenses of clearing the land = 3,100
The total recorded cost of the land = $ (186,000 + 16,100 + 1,900 + 3,100)
= $ 207,100
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pace’s total cost of producing co 2 cartridges is given by tc = 0.5 x 3 – 24 x 2 144 x. the level of output that minimizes average total cost is: A. 12 B. 24 C. 36
The level of output that minimizes average total cost for Pace's CO2 cartridges is B. 24.
To find the minimum average total cost, we need to take the derivative of the total cost function and set it equal to zero. This will give us the level of output that minimizes the total cost.
The total cost function is: TC = 0.5x^3 - 24x^2 + 144x
The derivative of the total cost function is: dTC/dx = 1.5x^2 - 48x + 144
Setting the derivative equal to zero, we get:
1.5x^2 - 48x + 144 = 0
Using the quadratic formula, we can solve for x:
x = (-b ± √(b^2 - 4ac))/(2a)
x = (-(-48) ± √((-48)^2 - 4(1.5)(144)))/(2(1.5))
x = (48 ± √(2304 - 864))/3
x = (48 ± √1440)/3
x = (48 ± 37.95)/3
x = 28.65/3 or 10.05/3
x = 9.55 or 3.35
Since we are looking for the level of output that minimizes average total cost, we want the larger value of x, which is 9.55. However, this is not one of the answer choices. The closest answer choice is B. 24, so that is the correct answer.
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Describe the internal control issue in the following situation. The mail clerk opens the mail, records the receipts, and turns this record and the receipts over to the bookkeeper, who deposits the receipts in the bank. The bookkeeper then records the receipts in the customer accounts.
The internal control issue in the situation with the mail clerk opening the mail and recording the receipts, and the bookkeeper recording the deposits, is Segregation of Duties.
What is the Segregation of Duties internal control ?The procedures, checks, and balances that must be put in place when a business expands are known as internal controls. Any component of your business, from IT to human resources, can be related to internal controls.
One important internal control is the separation of duties, which prevents employees from being able to commit fraud or errors while also covering them up while performing their regular duties.
The idea that managing a firm shouldn't be the responsibility of one person forms the cornerstone of segregation of roles. No one individual should be in charge of any task that could result in fraud or other illegal activities that could hurt the business.
This is why the mail clerk and the bookkeeper should not be doing the number of tasks that they do.
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you have accepted a loan in the amount of $15,000 for your new car. you have agreed to pay the loan back in four years. what is your monthly payment if you agree to pay an interest rate of 9% compounding monthly? solve this problem for i
Your monthly payment on the loan for the new car, given the interest rate, and the compounding period is $ 373. 28
How to find the monthly payment ?The monthly payment will be an annuity because it is constant and periodic.
The interest rate on this payment needs to be converted to a monthly figure as :
= 9 % / 12
= 0. 75 %
The number of periods is :
= 4 years x 12 months per year
= 48 months
The monthly payment is :
= Loan amount / Present value interest factor of annuity, 48 periods, 0.75%
= 15, 000 / 40.18478188518
= $ 373. 28
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On August 5, 2021, Wildhorse Furniture shipped 50 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining set was $440 each. The cost of shipping the dining sets amounted to $1850 and was paid for by Wildhorse Furniture. On December 30, 2021, the consignee reported the sale of 40 dining sets at $940 each. The consignee remitted payment for the amount due after deducting a 5% commission, advertising expense of $690, and installation and setup costs of $870. The total profit on units sold for the consignor is
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financial statements express each item as a percent of a base amount. the base amount is assigned a value of 100%.
Common size financial statements express each item as a percent of a base amount. the base amount is assigned a value of 100%.
What is the main purpose of common size financial statements?
A company’s performance throughout many periods with different sales numbers can be analyzed and compared with the use of financial statements of a common size. The performance of the company in relation to the industry can then be assessed by comparing the common size percentages to those of rivals.
What are the 4 common financial statements?
The balance sheet, income statement, cash flow statement, and statement of owner’s equityare the four forms of financial statements that might be vital in assisting you in reaching your financing objectives whether you’re seeking for investors for your company or want to apply for loans.
What are the two main objectives of common size statement?
Common-size income statements have three main goals:
to examine trends in various revenue and expense items, to research changes in individual profit and loss statement items, and to evaluate the effectiveness of the business.To know more about common size financial statements:
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I understand that the question you are looking for is:
_______ financial statements express each item as a percent of a base amount. the base amount is assigned a value of 100%.
Which of the following is a key component of an organizational mission statement?
a.How the organization meets its customers’ needs
b.How the organization will treat employees c.
c.How the organization will treat suppliers
d.How the organization will measure performance
Answer: its a
Explanation:
A key component of an organizational mission statement is option a. how the organization meets its customers’ needs. A mission statement defines the purpose of an organization and its goals.
It is important to develop a mission statement that effectively communicates these things to employees, stakeholders, and customers. A mission statement should be brief, concise, and specific.The primary function of a mission statement is to clarify an organization's objectives, providing guidance and a sense of direction to its employees and stakeholders. As a result, mission statements must be well thought out, clearly articulated, and relevant to the organization's goals.
A mission statement's key components are as follows:Customers' needs are a key component of the mission statement because they provide a guide to the organization's values and principles. The mission statement should convey a customer-centric approach to business operations, with the organization demonstrating a commitment to meeting and exceeding customer expectations. The statement must also communicate how the organization plans to achieve its customer service objectives within a specific timeframe, and how it will measure success. Therefore, the correct option is (a) How the organization meets its customers’ needs.
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What is the apr (interest rate) on this card for purchases made during the first six months that a cardholder has this card?.
A credit card with 0% APR does not charge interest for six to 21 months. You won't pay interest on new purchases, balance transfers, or both during the introductory no-interest period (depending on the card).
How is the APR of your credit card calculated?
The APR for your credit card is typically listed near the end of your monthly statement.The statement will include a section with the heading "Interest Charge Calculation" or something similar.You will also see how much of your balance will be used to calculate your monthly interest charge in the statement section.
What is the purchase APR?
If you have a credit card balance, the annual percentage rate, or APR, is the interest rate you will pay each year. Your interest rate can fluctuate over time thanks to variable APRs found on some credit cards.
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A nursery has $50,000 of inventory in dogwood trees and red maple trees. the profit on a dogwood tree is 28% and the profit on a red maple tree is 18%. the profit for the entire stock is 20%. how much was invested in each type of tree?
Answer and Explanation:
Let us assume the following things
x = dogwood inventory percentage
and, (50,000 - x) = red maple tree inventory percentage
And, the amount of profit is
= $50,000 × 0.20
= $10,000
Now the equation would be
0.28x + 0.18 × ($50,000 - x) = $10,000
0.28x + $9,000 - 0.18x = $10,000
0.10x = 1,000
x = 10,000 = dogwood
So, the red maple would be
= 50,000 - 10,000
= 40,000
in a periodic review system the order up to level equals
In a periodic review system, the order up to level equals the average demand during the review period plus the safety stock.
The order up to level is the level of inventory at which a new order is placed in a periodic review system. It is calculated by taking the average demand during the review period and adding the safety stock, which is a buffer inventory held to protect against stockouts due to unexpected demand or lead time variability.
To calculate the order up to level, you need to find the difference between the target inventory level and the current inventory level. This difference will determine the quantity of items you need to order to reach the desired inventory level.
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if you deposit $ today into an account earning an annual rate of return of percent, what would your account be worth in 40 years?
The future value will be $135,011.97, if you deposit $ today into an account earning an annual rate of return of percent
The question statement does not include the values for years, interest rates, or present value. We presummed those values as a result. The present value at an interest rate of 11% is $3,500. a male of 35 years old. Future value equals Present value plus (r+1) n = $3,500 plus (1+1%) n = $3,500 x (38.57) = $135,011.97. A rate of return is the net gain or loss of an investment over a specified time period expressed as a proportion of the investment's initial cost (RoR). When calculating the rate of return, you decide what percentage changed from the beginning of the period to the conclusion. While the simple rate of return calculation ignores inflation, the actual rate of return calculation does. Internal rate of return considers the value of money over time (IRR).
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Globalization has prompted so much online commerce that many career opportunities in transportation are
likely to continue to grow. Which of these hypothetical transportation scenarios might be related to this
issue? (Select all that apply.)
Globalization has prompted so much online commerce that many career opportunities in transportation are
likely to continue to grow. The hypothetical transportation scenario related to this issue are
1) It is now cost effective for road transportation companies to buy entire fleets of electric vehicles.
2) The ability of more companies to put pressure on air carriers based on their higher value of international business has resulted in reduction of air shipping rates.
As online commerce grows it connects each and every country and every cities and towns which will lead to a rise in delivery services outside and within the country.
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How many days does the pay stub cover?
Answer:
Pay stubs are usually an extent of 30 days which is a month.
Joe owns a business which produces wooden furniture he employs 20 workers in the production Department and three workers in the office is Joe pays all his workers wages which are calculated by time rate but he is thinking of changing to peace rate
Answer:
The peace rate will result in lower total wages than time rate.
Explanation:
Piece rate is a wages calculator in which labors are paid for the piece of work done by them. They are paid for the quantity of units produced irrespective of time consumed. Time rate is wage calculation method in which wages are calculated based on hours worked. The major disadvantage for this method is that labors can waste time making products due to securing high wage.
What makes it difficult to use the term transformational leadership when referencing leaders such as Saddam Hussein and Adolf Hitler? a. Transformational leadership focuses on the leader's own interests. b. Hussein and Hitler had no redeeming qualities. c. Transformational leadership is effective; Hussein and Hitler's leadership styles were not. d. Transformational leadership includes transforming, but only in a positive way.
The main reason it is difficult to use the term transformational leadership when referencing leaders such as Saddam Hussein and Adolf Hitler is that transformational leadership is typically associated with positive change and improvement for both the leader and their followers. (option d)
Why is it challenging to speak about transformational leadership while discussing figures like Saddam Hussein & Adolf Hitler?However, in the case of Hussein and Hitler, their leadership styles were characterized by oppression, violence, and destruction.
Additionally, transformational leadership is centered on the idea of serving the interests of the group, rather than solely focusing on the leader's interests.
Therefore, it would not be accurate to apply the term transformational leadership to these leaders, as their actions were not aimed at benefiting the group, but rather serving their agendas.
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Complete question: What makes it difficult to use the term transformational leadership when referencing leaders such as Saddam Hussein and Adolf Hitler?
a. Transformational leadership focuses on the leader's own interests.
b. Hussein and Hitler had no redeeming qualities.
c. Transformational leadership is effective; Hussein and Hitler's leadership styles were not.
d. Transformational leadership includes transforming, but only in a positive way.
what is one reason for creating high-performance work systems?
The one reason for creating high-performance work systems is to create a sustainable competitive advantage in the marketplace
What is high performance work so crucial?The high-performance work system's beneficial side effect is an increase in output and effectiveness. Employees that are content, well-trained, and motivated desire to work as hard and productively as they can for the good of their firm, which enhances business operations.
The main goal of high-performance work systems is to forge a long-lasting competitive edge in the market. Such treatment of staff directly affects how consumers are treated and can add genuine value to a business.
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On January 2, 2021, Vaughn Manufacturing issued at par $1920000 of 6% convertible bonds. Each $1000 bond is convertible into 10 shares of common stock. No bonds were converted during 2021. Vaughn had 193000 shares of common stock outstanding during 2021. Vaughn's 2021 net income was $893000 and the income tax rate was 35%. Vaughn's diluted earnings per share for 2021 would be (rounded to the nearest penny): $4.56
$4.70
$5.00
$4.63
The diluted earnings per share for Vaughn Manufacturing in 2021 would be $4.70. This is calculated by dividing the net income of $893,000 by the weighted average number of diluted shares.
To calculate diluted earnings per share, we need to consider the potential conversion of the convertible bonds into common stock. Since no bonds were converted during 2021, the diluted shares would be the sum of the common stock outstanding (193,000 shares) and the potential shares from the conversion of the bonds (192,000 bonds * 10 shares/bond = 1,920,000 shares). This gives us a total of 2,113,000 diluted shares.
The diluted earnings per share is then calculated by dividing the net income of $893,000 by the weighted average number of diluted shares (2,113,000 shares), resulting in a diluted earnings per share of approximately $4.70.
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Consumer surplus will _____ when a monopolist goes from single-price monopoly to perfect price discrimination. Remain the same increase decrease initially increase and then return to its original level.
If a monopolist switches from a single-price monopoly to complete price discrimination, consumer surplus will decline.
Describe consumer Surplus?
The term "consumer surplus" is used in economics to refer to the advantage or satisfaction that a customer has while paying less than their maximum acceptable price for a good or service. It represents the discrepancy between the overall price consumers are willing to pay for a service or product and the price actually paid for it.
If sellers are willing to provide at the level on the demand curve, consumer surplus will rise as prices fall and producer surplus rises as prices rise.
Therefore, Consumer surplus will reduce when a monopolist goes from single-price monopoly to perfect price discrimination.
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Which of the following is not a fixed cost? *
O monthly gym membership
car payment
O rent
O vacation/recreation/fun expenses
ways in which landscape can be created .plz answer this
Answer:
finding land and making the land into wha ever yu want
Explanation:
hopes this helps
how are resources and scarcity connected?
Answer:
Explanation:
resources and scarcity are connected.
HOW?????
If we do not have resources, it leads to scarcity.
For example, If we do not have water which is a very precious resource, it leads to scarcity of water.
Hope this helps
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a country that introduces a currency board commits itself to converting its domestic currency on demand into another currency at a fixed exchange rate. a) true b) false
The statement is true. A currency board is a monetary system in which a country's domestic currency is fixed to another currency at a specified exchange rate.
The central bank of the country that implements a currency board system commits itself to maintaining the fixed exchange rate by backing its domestic currency with foreign reserves, typically in the currency to which it is fixed. Under a currency board arrangement, the central bank is legally obligated to convert the domestic currency into the specified foreign currency at the fixed exchange rate upon demand. This commitment provides a high degree of confidence and stability in the exchange rate, as it ensures that the domestic currency can always be converted at the predetermined rate.
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Structures the internal acStructures the internal accounting operations of an organisation within Controlling.Counting operations of an organisation within Controlling.
Answer:
Controlling area.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, account payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
Typically, it's a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.
In Accounting, Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
Sap FICO is a finance and cost controlling module that avails a business firm or organization the ability to store all of their external and internal financial transaction data at the end of the trading period.
Controlling area structures the internal accounting operations of an organisation within "Controlling." Thus, it manages profits and costs of an organization which are necessary to provide informations to the management for proper decision-making and effective control of its resources.
A career_____includes the education, training, and experience needed to reach a particular career.
A.pathway
B.agend
C.goal
How do the potential costs and benefits of each career path affect your choice?
My decision is influenced by the potential costs and advantages of each job route because the amount of money I will make depends on how much I can spend.
What is a job?Numerous things can be categorised as jobs. a paid position that might be either full- or part-time. a task that has been finished, usually for a specified fee. a specific task that employees carry out as part of their regular job responsibilities a pledge or commitment. like a project, "The airport job took twelve months to complete." It can also be used colloquially to refer to a person's pet using the restroom. As an illustration, to indicate that my dog went to the potty, I might say, "I waited for my dog Tommy to do his business, then we walked home." When someone says, "There has been a surge of bank jobs in suburbs," they can be referring to routine tasks that people carry out to obtain money, such as bank robberies.
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A substantial revision of the income tax code that made business and personal tax returns much easier to complete would tend to cause which of the following changes in the labor market for accountants?
a. an increase in the demand for accountants
b. an increase in the employment of accountants
c. a decrease in the wage rate of accountants
d. an increase in the number of students choosing to major in accounting
Answer:
c. a decrease in the wage rate of accountants
Explanation:
As a result of the revision that makes personal tax returns much easier to complete, people would no longer need the services of accountants to calculate their tax returns. As a result, the demand for accountants would fall, all other things remaining equal.
The fall in demand would lead to a fall in wage rate of accountants
Please check the attached image for a graph explaining this concept
What are the top three types of sole proprietorships and percentages?
similarities between editing and proofreading
Macroeconomics is the branch of economics that focuses on:
A. comparing the lifestyles of poor and wealthy citizens.
B. economic principles affecting entire countries.
C. helping people find jobs when they're unemployed.
D. financial problems affecting individual families.
Answer:
B. economic principles affecting entire countries.
Explanation:
Macroeconomics is the part of economic studies that studies the economy of a country as a whole. In this branch of economics, the aggregate income, growth, expenditure and inflation are considered. The performance of the entire economy is measured under macroeconomics. National income, Gross domestic product, inflation and unemployment fall under the macroeconomic studies.
Answer:
economic principles affecting entire countries
Explanation:
i took the test
A small manufacturing firm has two products that are produced using its in house 3-D printers. The budget and time constraints for this process give the production possibilities curve that is defined by the table below. If the company is currently producing 30 units of product A and 39 units of product B, can the production of product B be increased? Explain.
A. Yes, the production of product B can be increased up to 60 by decreasing the volume for product A.
B. Yes, the production of product B can be increased to whatever value is desired.
C. Yes, the production of product B can be increased up to 51 by decreasing the volume for product A.
D. No, the point is already on the production possibilities curve.
At the firm's current production level, the firm can increase the production of product B. The production of product B can be increased up to 51 by decreasing the volume for product A.
The production possibilities curve shows the various combination of the two products a firm produces.
The production possibilities curve is concave to the origin. This shows opportunity cost involved in production. Due to the fact that the factors required in the production of a good are limited, as more quantities of one good is produced, less of the other good would be produced.
Looking at the table, when the firm produces 51 units of product B, none of product A would be produced. When the frim reduces quantity of product B produced to 46, 20 units of product A would be produced (20).
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In addition to the Small Business Job Protection Act of 1996 encouraging small businesses to allow employees to enroll into a 401(k), what percentage of vesting begins immediately for the employee
Answer:
100%
Explanation:
401(k) plans are financial provisions that guarantee financial security after retirement. Prior to the Small Business Job Protection Act of 1996, these provisions were bogus and difficult to understand/comply with by businesses. The Act simplifies the requirements and allows employees to enroll in the 401(k) plans where the annual contributions testing is bypassed. Employees vest 100% of their salary. This means that they cannot forfeit all the money contributed. After retirement, they can benefit from their deferrals and profits.