To remain competitive, organizations must constantly identify and develop innovative ways to enhance customer relationships. The Correct option A
This means adding value to the customer experience by improving the quality of products or services, providing exceptional customer service, personalizing interactions, or offering unique and innovative solutions. Customer relationships are a key driver of long-term success and profitability, and organizations that fail to invest in them risk losing customers to their competitors.
By continuously identifying and developing new ways to add value to customer relationships, organizations can build brand loyalty, increase customer retention, and ultimately gain a competitive advantage in the market. This requires ongoing effort and investment, but it is essential for organizations that want to thrive in today's rapidly changing business environment.
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Which trait do MOST employers look for when hiring new employees?
Group of answer choices
punctuality
an outgoing personality
financial independence
a fashionable wardrobe
Answer: Punctuality
Explanation:
Beth is a college student who lives in San Francisco and provides math tutoring for extra cash. At a wage of $30 per hour, she is willing to tutor 6 hours per week. At $50 per hour, she is willing to tutor 16 hours per week.
Using the midpoint method, the elasticity of Beth's labor supply between the wages of $30 and $50 per hour is approximately ( ), which means that Beth's supply of labor over this wage range is ( ).
Answer:
Using the midpoint method formula for elasticity of labor supply, we have:
E = [(Q2 - Q1) / ((Q1 + Q2)/2)] / [(P2 - P1) / ((P1 + P2)/2)]
where Q1 is the initial quantity of labor supplied (6 hours per week), Q2 is the final quantity of labor supplied (16 hours per week), P1 is the initial wage ($30 per hour), and P2 is the final wage ($50 per hour).
Substituting the given values, we get:
E = [(16 - 6) / ((16 + 6)/2)] / [($50 - $30) / (($50 + $30)/2)]
Simplifying the equation, we get:
E = [(10 / 11)] / [(20 / 40)]
E = 1.1
Therefore, the elasticity of Beth's labor supply between the wages of $30 and $50 per hour is approximately 1.1. This means that her supply of labor is relatively elastic over this wage range, meaning that she is responsive to changes in the wage rate. Specifically, her labor supply will increase by a proportionally greater amount than the increase in the wage rate, resulting in a greater total increase in hours worked.
Which type of promotion would you use to attract customers quickly with the help of coupons, samples, and free gifts?
(blank) is a way of promoting your products and attracting customers quickly with the help of free coupons, vouchers, samples, and gifts.
Answer:
Sales promotion
Explanation:
Sales promotions refer to the persuasive activities of convincing potential customers to buy a product. The objective of a sales promotion is to boost sales volumes. The tactics used in a sales promotion are designed to have a short term effect. However, a business may acquire long-term customers through sales promotion techniques.
Sales promotion may focus on customers by enticing them to buy. They may also target traders by encouraging them to sell more. The techniques used in a sale promotion include Money off coupons, Competitions, Free gifts, Loyalty cards, Discount vouchers, among others.
Answer:
Sales promotion may focus on customers by enticing them to buy. They may also target traders by encouraging them to sell more. The techniques used in a sale promotion include Money off coupons, Competitions, Free gifts, Loyalty cards, Discount vouchers, among others.
Explanation:
Why do you think Bill Bowerman liked that Tinker shared his thoughts about the test shoes
Answer:
to connect
Explanation:
make moneyghgghgjjvyiv
What does an exchange rate tell you?
A. How many products have been exchanged between two different countries
B. The number of people in one country in comparison to another country
C. How much one unit of currency is worth when converted to another currency
D. The speed that people are buying a specific type of product
Answer:
C. How much one unit of currency is worth when converted to another currency
It tells you: C. How much one unit of currency is worth when converted to another currency.
BOX 2.5 Case Highlight Limiting Imports of Hormone-Treated Beef Case Name and Tribunal European Communities-Measures Concerning Meat and Meat Products (Hormones) (WTO Appellate Body, 1998)17 Facts In response to concerns of EU citizens about the risks presented by beef injected with natural and synthetic growth hormones, the European Union imposed a ban on the import of such beef. The United States challenged the restriction under the SPS Agreement, claiming that the panel reviewing the issue evalu- ated the risk associated with the use of hormones for growth promotion twice and the only evidence on record showed that the studies looked at a "theoretical framework for the systemic analysis of such problems" but did not actually investigate and evaluate the problems that arise from the use of such hormones. Issue Did the EU's ban on hormone-treated beef comply with the re- quirements of the SPS Agreement? Decision A risk assessment, as required by Article 5.1, is "a scientific process aimed at establishing the scientific basis for the sani- tary measure a Member intends to take." The ban was found not to be based on a risk assessment that followed scientific principles and procedures and, therefore, was in violation of the SPS Agreement. Analysis/Application In order to rely on exceptions to the GATT under the Agree- ment on Technical Barriers to Trade (TBT Agreement), member states must rely on sound scientific principles and provide evi- dence of such. Aftermath The case raised difficult issues and required a consideration of the uncertainty presented by divisions of scientific opinion. The European Union was unwilling to remove its restrictions on the import of the hormone-treated beef, with the result that the WTO in 1999 authorized the United States and Canada to col- lect penalties of more than $100 million per year in extra duties on European exports. The European Union brought the issue back to the WTO, where unprecedented open hearings were held in 2005. The European Union argued that new scientific evidence showed that the European Union complied with the 1998 WTO judgment. The impasse between the United States and the European Union was settled by way of a negotiated agreement in 2012 in which the European Union kept its ban on importing hormone-treated beef but increased its quota for importing beef from Canada and the United States.
The case mentioned is the European Communities-Measures Concerning Meat and Meat Products (Hormones) case, which was brought before the WTO Appellate Body in 1998.
The case involved a dispute between the European Union (EU) and the United States regarding the EU's ban on the import of beef treated with growth hormones.
The EU had imposed the ban in response to concerns raised by its citizens regarding the potential risks associated with the consumption of beef injected with natural and synthetic growth hormones. The United States challenged the ban, arguing that the EU had not conducted a proper risk assessment as required under the Agreement on the Application of Sanitary and Phytosanitary Measures (SPS Agreement).
The Appellate Body, in its decision, determined that the EU's ban on hormone-treated beef did not comply with the requirements of the SPS Agreement. It stated that a risk assessment should be a scientific process aimed at establishing the scientific basis for the sanitary measure, and the EU's ban did not follow scientific principles and procedures.
The case highlighted the importance of relying on sound scientific principles and providing evidence when implementing trade measures that may restrict imports. Under the Agreement on Technical Barriers to Trade (TBT Agreement), exceptions to the General Agreement on Tariffs and Trade (GATT) require adherence to scientific principles.
The aftermath of the case resulted in tensions between the United States and the European Union, with the WTO authorizing the United States and Canada to impose extra duties on European exports. Subsequent efforts were made to resolve the dispute, and in 2012, a negotiated agreement was reached. The European Union maintained its ban on importing hormone-treated beef but increased its quota for importing beef from Canada and the United States.
Overall, the case showcased the challenges of balancing trade restrictions based on public health concerns and the need to ensure that such measures are supported by scientific evidence and comply with international trade agreements.
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The Free enterprise system is:
A: Supply & Demand
B: Designed to protect consumers' best interests
C. Requires both sides of the story
D. Free of competition
Answer:
Free enterprise is the freedom of individuals and businesses to regulation. It enables individuals and businesses to create, produce, are able and willing, enterprising people produce goods and services for produce and sell goods and services. In this system, no one forces people they believe to be best for them.
What are the advantages of insurance
On February 24, 2020, Allison's building, with an adjusted basis of $1,300,000 (and used in her trade or business), is destroyed by fire. On March 31, 2020, she receives an insurance reimbursement of $1,650,000 for the loss. Allison invests $1,550,000 in a new building and buys stock with the balance of insurance proceeds. Allison is a calendar year taxpayer. a. By what date must Allison make the new investment to qualify for the nonrecognition election
Answer:
December 31,2022
Explanation:
a. Since in the question it is mentioned that the allison is a taxpayer for the calender year so here the date that should be make the new investment in order to qualify for the non-recognition election is Dec 31,2022
So the same would be considered and relevant too
Hence, the date would be December 31,2022
Teamwork: Teamwork Makes the App Work (OB) Narrator Hybrid rewards could work to increase cooperation as a team. It may take extra work and approval from Sara, so this may not be the best path. You propose the idea to the team. What kind of hybrid reward did you have in mind? Kelsey We'll take 50% of your salary and link it to app performance as a whole. If the team does well - you could all make more money. We'll give each person a target specific to their field - like staying under budget for Jose - and if the team hits your target you get a bonus of 5-10% of your salary. We'll create a bonus pool of 5-10% of your salaries that everyone will get if the app hits its target release date and sales numbers
The proposed hybrid reward system is a great way to increase cooperation and motivation within the team.
It's important to note that hybrid rewards are a combination of individual and team-based incentives. The system that Kelsey proposed is a good example of this. The third reward is another team-based incentive. By creating a bonus pool of 5-10% of everyone's salaries, it creates a sense of camaraderie and shared responsibility.
A hybrid reward system combines individual and team-based incentives to increase cooperation within a team. In the proposed idea, 50% of each team member's salary would be linked to the overall performance of the app. Individual targets specific to each member's field would be set, and if the team meets these targets, each person would receive a bonus of 5-10% of their salary.
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Fixed expenses are expenses that do not change from month to month, and variable expenses
are expenses that can fluctuate from month to month. Complete the second column of the
chart by determining if each expense is fixed or variable. (10 points - 2 points each)
Housing expense is a fixed expense, Food expense is a variable expense, Insurance and medical expense are variable expenses, Entertainment expense is variable expense and Savings for retirement expense is also a variable expense.
What do you mean by the fixed expenses and variable expenses?Fixed expenses are those expenses, which remain constant in each month. Some of the fixed expenses are monthly rent, insurance premium etc.
Variable expenses are those expenses, which can be changed. It is unpredictable such as repairs, medical expenses etc.
Fixed expenses generally remain the same each month.
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Of the cartons produced by a company, % have a puncture, % have a smashed corner, and % have both a puncture and a smashed corner. Find the probability that a randomly selected carton has a puncture or a smashed corner.
After Using Venn probabilities, it is found that:
The chance that a randomly selected carton has a puncture or a smashed corner is 15.6%.
In probability, a Venn diagram is a parent with one or more circles inside a rectangle that describes logical relations between events. The rectangle in a Venn plan represents the sample space or the well-known set, that is, the set of all possible outcomes.
In this problem, the activities are:
Event A: Puncture.
Event B: Smashed corner.
The "or" probability is given by:
10% have a puncture, subsequently
6% have a smashed corner, consequently .
0.4% have each a puncture and a smashed corner, hence .
Then:
The likelihood that a randomly chosen carton has a puncture or a smashed nook is 15.6%.
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Answer:
Sleep well. ...
Exercise. ...
Talk it out. ...
Make time for fun — and quiet. ...
Get outside. ...
Write about it. ...
Learn mindfulness.
Vendors submit invoices prior to receiving purchase orders from companies.
True
False
Answer:
False
Explanation:
Only after the purchase was approved
with respect your paycheck, what term is used to describe the total amount of money earned from wages before payroll withholdings?
In the term of paycheck, the gross pay is used to described the total amount of money earned from wages before payroll withholdings.
In the term of economic and financial accounting, Gross pay generally can be defined as what employees earn before taxes, benefits and other payroll deductions are withheld from their wages. In the other side, gross pay also can be called as gross income For households and individuals. Gross income has a definition as the sum of all wages, salaries, profits, interest payments, rents, and other forms of earnings, before any deductions or taxes. There are several aspects that included in the gross pay, such as Bonuses, Shift differentials, Commissions, and also Piece rate pay.
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Which of these is not a parameter in a report? Select one: a. Ability to acquire information Ob. Quality of Information Oc. Extent of Information d. Age of the Writer
d. Age of the Writer is not a parameter in a report
In a report, the age of the writer is not considered a parameter. Parameters in a report typically refer to factors that affect the content, presentation, or analysis of information.
These parameters may include the ability to acquire information, the quality of information, and the extent of information. However, the age of the writer is not directly relevant to the parameters of a report.
When assessing the parameters of a report, factors such as the ability to acquire information, the quality of information, and the extent of information are important, but the age of the writer is not considered a relevant parameter.
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QUESTION: Identify an example of the change in relative prices of two products.
pls help T o T
Answer: First lets start off with relative change. Relative changes shows the change of a value of an indicator in the first period and in percentage terms, ext. Relative change is calculated by subtracting the value of the indicator in the first period from the value of the indicator in the second period which is then divided by the value of the indicator in the first period and the result is taken out in percentage terms. The formula for relative change is very simple, and it is derived by initially deducting the initial value of the variable from the final value, then dividing the result by the initial value, and then finally multiplying by 100% to express in terms of percentage. Also
Explanation:
A small example in relative prices is In apple season, apples cost half as much as oranges. In orange season, oranges cost half as much as apples. Also to understand better, either market forces or government intervention, the relative price of goods and services does impact the allocation of resources used to produce these goods and services. A relative price is the price of one good compared to another. Resource allocation addresses how land, capital, and labor are spent in the production of goods and services. Since we went over that relative price is the price of something compared to something else. In other words, it is the ratio of two prices. Completely logical people will make purchasing decisions by considering the relative prices of their options. We can conclude that gas is $2.76 compared to the $3.02 of diesel . Now the gas is $0.26 cents cheaper than diesel. This is caused by the price to refine diesel compared to gas. Now that we have two simple example to show the basis of relative prices, you can clearly see the mean and definition of relative prices through the examples shown!
while martha’s paying off her loan, her lender is holding on to something that includes her name, property address, the interest rate on her loan, what the late charge amount would be, and the amount and term of the loan. when her loan is paid off, the lender returns it to mary, marked paid in full. what is this item?
The item that Martha's lender is holding onto is called a promissory note. A promissory note is a legal document that outlines the terms and conditions of a loan, including the borrower's name, property address, the interest rate on the loan, the late charge amount, and the amount and term of the loan.
Here is a step-by-step explanation:
1. A promissory note is a written promise by the borrower (Martha) to repay a loan to the lender (Mary).
2. It includes important information such as the borrower's name, property address, the interest rate on the loan, the late charge amount, and the amount and term of the loan.
3. The promissory note serves as evidence of the borrower's debt and the terms of repayment.
4. While Martha is paying off her loan, her lender, Mary, holds onto the promissory note as proof of the loan agreement.
5. Once Martha's loan is fully paid off, the lender returns the promissory note to Martha, marked as "paid in full."
6. This indicates that Martha has fulfilled her obligation to repay the loan, and the debt has been satisfied.
The item that Martha's lender holds onto is a promissory note, which includes important details about the loan and serves as evidence of the borrower's debt.
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4. What are some of the things that could happen on the job that would cause me to resign?
Answer:
Some of the things that could happen on the job that would cause you to resign are:
A toxic work environment. If you are constantly feeling stressed, anxious, or unhappy at work, it may be time to resign. A toxic work environment can have a negative impact on your physical and mental health, and it can make it difficult to be productive.A lack of opportunities for growth. If you feel like you are not learning or growing in your current role, you may be ready to move on. A lack of opportunities for growth can lead to boredom, frustration, and a feeling of stagnation.Unrealistic expectations. If your employer is constantly setting unrealistic expectations, it can be very difficult to meet them. This can lead to stress, anxiety, and burnout.A lack of support from your manager. If you feel like your manager is not supportive of you or your work, it can be very difficult to be successful in your role. A lack of support can make it difficult to ask for help when you need it, and it can make you feel like you are not valued.A change in the company culture. If the company culture changes in a way that you do not agree with, it may be time to resign. A change in company culture can make it difficult to fit in, and it can make you feel like you are no longer a good fit for the company.A personal reason. Sometimes, you may need to resign from your job for a personal reason, such as a family emergency or a health issue. If you are facing a personal crisis, it is important to put your own needs first.Which of the following refers a reduction the production and availability of a good or service in due to a decrease in its market price? a. An increase in the supply for a product b. An increase in the quantity supplied for a product C. A decrease in the supply of a product d. A decrease in the quantity supplied for a product
Answer:
B. an increase in the quantity supplied for a product.
_______ is effective for sharing routine information
Information sharing is effective for sharing the routine information.
What is Information sharing?Information sharing describes the exchange of information between various businesses, individuals, and technological platforms. Widely dispersed networks, intranets, cross-platform interoperability, application porting, and IP protocol standardization have all dramatically accelerated the sharing of information globally. However, the majority of countries have laws that prohibit transmitting personal information without explicit authorization, regardless of how easy the data transfer itself may be. In the United States and Europe, it is against the law to share a person's personal information without that person's express agreement. Information sharing is expanding as more networks and organizations connect up and it becomes easier to share information online. There are numerous additional forms of information sharing that are not illegal.
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"What effect does financing with debt have on a company?
A. It will increase financial risk
B. It will decrease the potential return for shareholders
C. It will create a requirement to pay dividends
Financing with debt can increase financial risk and decrease the potential return for shareholders. A. It will increase financial risk: When a company chooses to finance with debt, it takes on additional financial risk. B. It will decrease the potential return for shareholders: Financing with debt introduces interest payments that need to be made before any profits are distributed to shareholders. C. It will create a requirement to pay dividends: Financing with debt does not create a requirement to pay dividends.
Financing with debt can have several effects on a company. Let's explore each option to determine the impact:
A. It will increase financial risk: When a company chooses to finance with debt, it takes on additional financial risk. Debt requires regular interest payments, which can strain a company's cash flow. If the company fails to meet these obligations, it may face penalties or even bankruptcy. Furthermore, excessive debt can lead to higher interest rates, negatively affecting the company's credit rating.
B. It will decrease the potential return for shareholders: Financing with debt introduces interest payments that need to be made before any profits are distributed to shareholders. This reduces the amount of profit available to distribute as dividends or reinvest in the company, potentially lowering the potential return for shareholders.
C. It will create a requirement to pay dividends: Financing with debt does not create a requirement to pay dividends. Dividends are payments made to shareholders as a distribution of profits. Debt financing involves repaying the borrowed funds, but it does not create an obligation to pay dividends.
In conclusion, financing with debt can increase financial risk and decrease the potential return for shareholders. However, it does not create a requirement to pay dividends. It is important for a company to carefully consider the implications of debt financing and strike a balance that aligns with its financial goals and risk tolerance.
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4. A few minutes later you came across some old commercials for the movie The Hunger Games.
Again, you realized that you learned about this type of economy in your economics class. Which type
of economic system best describes the fictional country of Panem? How can you tell?
The type of economic system that is in place in the fictional country of Panem is a Command economy.
How was Panem a command economy ?In a command economy, all economic decisions are made at the discretion of the central authority. The land and the means of production are either owned by the state or a group.
Government control, as opposed to private enterprise, according to proponents of command economies, can guarantee a just distribution of goods and services.
Panem was a command economy in the Hunger Games because the government in the Capital controlled all aspects of life in the various districts.
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Perry Enterprises is considering a number of investment possibilities. Specifically, each investment under consideration will draw on the capital account during each of its first three years, but in the long run, each is predicted to achieve a positive net present value (NPV). Listed here are the investment alternatives, their net present values, and their capital requirements, and all figures are in thousands of dollars. In addition, the amount of capital available to the investments in each of the next three years is predicted to be $9. 5 million, $7. 5 million, and $8. 8 million, respectively. A. Assuming that any combination of the investments is permitted, which ones should Perry make to maximize NPV?b. What is the optimal NPV in the combination chosen in part (a)?c. Suppose that the expansion investments are mutually exclusive and only one of them can be made. How does this alter the solution in part (a)?d. Suppose that the test market cannot be carried out unless the advertising campaign is also adopted. How does this contingency alter the solution in (a)?
To determine the optimal investment strategy for Perry Enterprises, we need to compare the net present values (NPVs) of each investment alternative and consider the available capital in each year.
Given the available capital for each of the next three years:
Year 1: $9.5 million
Year 2: $7.5 million
Year 3: $8.8 million
Now let's analyze each part of the question:
a. Assuming any combination of the investments is permitted, we need to choose investments that maximize the NPV. To do this, we compare the NPVs of each investment alternative with the capital requirements in each year to ensure that the investments are feasible.
b. To determine the optimal NPV in the chosen combination, we sum the NPVs of the selected investments.
c. If the expansion investments are mutually exclusive, and only one can be made, we need to compare the NPVs of the investments and choose the one with the highest NPV. In this case, the solution in part (a) will change, as we can only select one investment.
d. If the test market cannot be carried out unless the advertising campaign is also adopted, we need to consider this contingency. We would need to choose both the test market and the advertising campaign as a combined investment if either one is selected. This alters the solution in part (a) as the two investments become a single entity.
To provide a specific solution and optimal NPV, we would need information on the investment alternatives, their NPVs, and capital requirements. Without this information, it is not possible to determine the exact investments and their respective NPVs. Please provide the specific data, and I will be able to assist you further in determining the optimal investment strategy and NPV.
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A big temple trust wants to develop a big hospital management system for their hospital management system. This problem highlights the importance of the 4+1 Views Model and the answers should emphasize this theory (4×2=8) A. Which group of people are concerned with Physical view? B. How is the Deployment view different from the Physical view? C. Draw the sample topology of software components as well as the physical connections between them. D. Briefly state how you would measure one of the dynamic elements in this system.
The 4+1 Views Model is a concept in software engineering that is concerned with the organization of a software development project into five separate views, with the goal of improving communication and reducing complexity.
The model includes the following views: Logical view, Process view, Physical view, Development view, and the Use case view.
A. People concerned with Physical view: People who are concerned with the Physical view are architects, system administrators, developers, and network engineers. They are responsible for making sure that the system is installed and running correctly and that the system meets all physical constraints.
B. Differences between Deployment and Physical view: Deployment view shows how the system will be deployed on hardware, such as servers or other computing devices, and how it will be connected to other systems and networks. Whereas, the Physical view shows the hardware, networks, and other physical resources needed to support the system, including servers, storage, and other devices.
C. Sample Topology of software components and physical connections.
D. Measurement of one dynamic element in this system
Measuring response time is an essential part of measuring the dynamic elements of a hospital management system. Measuring response time helps to identify performance bottlenecks and other issues that might be impacting the system's overall performance. The system administrator can use various tools such as APM (Application Performance Monitoring) software to measure response time.
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which of the following is not a capital component when calculating the weighted average cost of capital (wacc) for use in capital budgeting? group of answer choices preferred stock. long-term debt. common stock. accounts payable. retained earnings.
The one that is not a capital component when calculating the weighted average cost of capital (wacc) for use in capital budgeting is option D. accounts payable.
What is a weighted average cost of capital?The weighted average cost of capital is the rate with which an organization is projected to pay on average to all its security holders to sponsor its assets. The weighted average cost of capital is popularly known to be the organization's cost of capital. Crucially, it is shaped by the external market and not by management.
Therefore, the correct answer is D. accounts payable. This is as a result of the fact that accounts payable is the duty that a firm has to fulfil to its creditors or suppliers. Weighted average cost of capital is the weighted average of cost of equity and cost of debt of a company.
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Perry Mazza wants to borrow $30,000 from the bank. The interest rate is 6% and the term is for 5 years.
What is the yearly payment amount?
A.$360
B.$6,360
C.$1,800
D.$18,000
a. The adjusting entries for cash in transit and goods in transit for parent and subsidiary. b. The adjusting entries for unrealised profit arisen from trading of goods between parent and wholly owned subsidiary.
The entries ensure that both the parent and subsidiary's financial statements accurately reflect transactions and eliminate any potential distortions in financial results.
a. The adjusting entries for cash in transit and goods in transit for parent and subsidiary:
1. Cash in transit: If there is cash in transit between the parent company and its subsidiary, an adjusting entry is required to record this transaction. The parent company would debit the Cash in Transit account and credit the Cash account, while the subsidiary would do the opposite. This ensures that both companies' books reflect the transfer of cash.
2. Goods in transit: Similarly, if there are goods in transit between the parent company and its subsidiary, an adjusting entry is needed. The parent company would debit the Goods in Transit account and credit the Inventory account, while the subsidiary would do the opposite. This adjustment ensures that both companies' books accurately reflect the movement of goods.
b. The adjusting entries for unrealized profit from trading of goods between parent and wholly owned subsidiary:
The parent company would debit the Unrealized Profit account and credit the Sales account, while the subsidiary would do the opposite. This adjustment recognizes that the profit is unrealized until the goods are sold to external customers.
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abc corporation purchased various items of depreciable tangible personal property, with a total cost of $3.26 million, for use in its business during 2022. assume that abc has taxable income (without regard to the section 179 expense) of $290,500 this year. what is the maximum section 179 deduction that abc may claim in the current year? a) $520,000 b) $290,500 c) $3,260,000 d) $1,080,000
The maximum section 179 deduction that ABC may claim in the current year is b) $290,500.
How to find the maximum deduction ?Section 179 deduction is such that when a company purchases a depreciable tangible personal property, they can deduct the entire cost of the asset.
However, they can only deduct to the value of their taxable income for the current year. As the current taxable income for ABC Corporation is $ 290, 500, this means that the maximum deduction is therefore $ 290, 500.
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The equity sections from Atticus Group's 2016 and 2017 year-end balance sheets follow. Stockholders' Equity (December 31, 2016) Common stock-$4 par value, 100,000 shares authorized, 35,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 140,000 100,000 340,000 $ 580,000 Stockholders' Equity (December 31, 2017) Common stock-$4 par value, 100,000 shares authorized, 41,200 shares issued, 4,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($30,000 restricted by treasury stock) $164,800 162,000 420,000 746,800 (30,000) $716,800 Less cost of treasury stock Total stockholders' equity The following transactions and events affected its equity during year 2017 Jan. 5 Declared a $0. 60 per share cash dividend, date of record January 10. Mar. 20 Purchased treasury stock for cash. Apr. 5 Declared a $0. 60 per share cash dividend, date of record April 10. July 5 Declared a $0. 60 per share cash dividend, date of record July 10. July 31 Declared a 20% stock dividend when the stock's market value was $14 per share. Aug. 14 Issued the stock dividend that was declared on July 31. Oct. 5 Declared a $0. 60 per share cash dividend, date of record October 10. 3. What is the amount of the capitalization of retained earnings for the stock dividend? Capitalization amount
the amount of the capitalization of retained earnings for the stock dividend in Atticus Group's equity section is $115,360.
To calculate the capitalization amount of retained earnings for the stock dividend, we need to multiply the number of shares issued as a stock dividend by the market value per share at the time of the dividend declaration.
In this case, the stock dividend involved 20% of the 41,200 shares issued. So, the number of shares issued as a stock dividend is:
Number of shares issued = 20% of 41,200 shares
= 0.20 * 41,200
= 8,240 shares
The market value per share at the time of the dividend declaration was $14. Therefore, the capitalization of retained earnings for the stock dividend is:
Capitalization amount = Number of shares issued * Market value per share
= 8,240 * $14
= $115,360
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