Answer:
a. if the partnership agreement is silent as to notice required prior to termination, 90 days' written notice is required before the limited partner may withdraw.
Explanation:
Limited partners: The term "limited partner" is described as a "part-owner" of a specific company or organization whose liability associated with the company's debts can't exceed the amount that a person invested in that company. Limited partners are also referred to as "silent partners".
A "limited partner" can withdraw himself or herself from the company or firm any time he or she wants after a six months notice to the other partners, and the person who is withdrawing is being entitled to any specific distribution based on the agreement or, if none, associated with the "fair value" of the interest on the basis of the right to share in "distributions".
In the question above, the correct answer is option a.
Evaluating the possible positive and negative outcomes of different
economic decisions is called:
A. marginal cost analysis.
B. cost-benefit analysis.
C. revenue projection analysis.
D. opportunity cost analysis.
Answer:
marginal cost analysis
1. Ryan can show Delia homes listed with XYZ Realty and other brokers in the market if:
(a) None of the homes are owned by Agent Ryan
(b) Ryan discloses to Broker Bradley that he will show homes listed by XYZ Realty
(c) Delia gives verbal consent to see homes listed by XYZ Realty
(d) Delia has given written Intermediary consent
Ryan can show Delia homes listed with XYZ Realty and other brokers in the market if:
Delia has given written Intermediary consent Delia gives verbal consent to see homes listed by XYZ Realty None of the homes are owned by Agent RyanWhen can homes be shown in the marketDelia gives verbal consent to see homes listed by XYZ Realty: This condition highlights the significance of Delia's consent. If Delia explicitly gives verbal consent to Ryan, it signifies that she is comfortable with viewing homes listed by XYZ Realty. Delia's consent is crucial in allowing Ryan to proceed with showing homes from XYZ Realty.
(d) Delia has given written Intermediary consent: This condition specifically refers to written consent in the form of an intermediary agreement. In some cases, Delia may choose to engage Ryan as an intermediary, authorizing him to show homes listed by multiple brokers, including XYZ Realty.
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For which reasons could you face a penalty annual percentage rate (APR)?
Select all the correct answers.
balance transfer
exceeding credit limit
late payment
low credit score
paying entire balance in full
returned payment
The reasons one could face a penalty annual percentage rate (APR) include;
balance transferexceeding credit limitlate paymentAnnual Percentage Rate (APR)Annual percentage rate (APR) refers to the yearly interest generated by a sum that's charged to borrowers or paid to investors. APR as the name implies is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan or income earned on an investment.
On this note, it follows that Annual percentage rate can be charged on the occurrence of any of the aforementioned situations.
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Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional
questions.
Online Content: Site 1
What is the main difference in the way that "earned income" and "capital gains (or portfolio income)" are acquired?
The main difference in the way that "earned income" and "capital gains (or portfolio income)" are acquired is:
Earned income is money gained though occupation.Capital additions are medium of exchange gained though investment(s).Salary, bonuses, commissions, and tips that you receive from an employer or the company are examples of earned money.
Capital gains are funds received as a result of the sale of an investment such as stocks or real estate. Earned income is often taxed more heavily than gains from investments, which are taxed less heavily.
As a result, the significance of the main difference in the way that "earned income" and "capital gains (or portfolio income)" are acquired are the aforementioned.
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A planning bill has 3 alternatives. Each alternative has 4 options for the customer to choose from. How many potential product configurations exist
12 potential product configurations exist.
Given that a planning bill has 3 alternatives, and each alternative has 4 options for the customer to choose from, the following calculation must be performed to determine how many potential product configurations exist:
Alternative x options = Potential product configurations 3 x 4 = X 12 = X
Therefore, 12 potential product configurations exist.
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Martin Services Company provides its employees vacation benefits and a defined contribution pension plan. Employees earned vacation pay of $49,000 for the period. The pension plan requires a contribution to the plan administrator equal to 6% of employee salaries. Salaries were $500,000 during the period. a. Provide the journal entry for the vacation pay. b. Provide the journal entry for the pension benefit.
Answer:
a. Provide the journal entry for the vacation pay
Debit Vacation and Holiday expense $49,000
Credit Vacation and Holiday payable $49,000
(To record earned Vacation and Holiday expenses)
b. Provide the journal entry for the pension benefit
Debit Pension expense $30,000
Credit Pension liability $30,000
(Being pension benefit recognition)
Explanation:
The earned vacation and holiday expense has to be recognized in line with the accrual principle of accounting.The pension benefit was also recognized in line with the accrual principle of account. The pension plan is a contribution of 6% of employee salaries, which amounted to $500,000. So, 0.06 x 500,000 = $30,000.Critique the case: How did Karin originally approach the project? Comment specifically about Karin’s project management skills and approach? 2. While assessing the case, draw a project organigram, identifying the role-players/ stakeholders and whether they were all in original agreement of the project?
The project organigram should identify the role-players and stakeholders involved in the project and determine if they were all in original agreement.
Who are the role-players and stakeholders involved in the project?The project organigram outlines the key individuals and entities involved in the project including project managers, team members, clients, executives and any other relevant stakeholders.
It also highlights their roles, responsibilities, and relationships within the project structure. Assessing whether they were all in original agreement requires examining the project's initiation phase and the documented agreements such as contracts, memorandums of understanding or project charters.
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Monica, a doctor, owns a small health care clinic that serves underserved people in a lower-income neighborhood. What type of entrepreneur is Monica?
A.
A social entrepreneur
B.
A home-based entrepreneur
C.
A growth oriented entrepreneur
D.
An Internet entrepreneur
E.
A franchisee
Answer:
b
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David has a landscaping business. He charges $20 per mow, and he has calculated
that it costs him $3.00 in gas per mow, $2.00 in yard bags per mow, and he pays a
local teen $8.00 per mow to cut his customer's grass. David has $ 500 a month in
bills that he must pay.
Answer:
could you tell me the question please?
Explanation:
Write a pin introducing yourself to the class, and addressing one or more of the following questions.
[NOTE: do not feel that you have to post a response to ALL of these questions - just select one or more to which you'd like to provide a response.]
1) How would each of the three views assess the U.S. corporations' practice of offshoring their manufacturing operations to lower cost locations? Is it wrong for international managers to do this?
2) From the "Uber" mini-case in the Hill & Hult textbook: what are the pros/cons of Uber's Global Strategy? What could Uber have done differently?
3) From the "Boeing" mini-case in the Hill & Hult textbook: Do you think that Boeing's most recent decision to rethink its outsourcing strategy is correct?
4) From the "Medical Tourism" mini-case in the Hill & Hult textbook: What are the benefits to American medical providers of outsourcing certain well-defined tasks such as interpreting an MRI scan to foreign providers in countries such as India? What would Economic Nationalists in the United States say about this? How would Liberals defend this practice?
Based on my own opinion, i will say that From the "Boeing" mini-case in the Hill & Hult textbook, I do think that Boeing's most recent decision to rethink its outsourcing strategy is correct.
Why did Boeing restructure and outsource the project operations?The reason for the outsource is so that they can lower the costs and and the time spent on development.
Note that Boeing was known to have created about 787 through the use of a system that is said to be an unconventional three-tier supply chain.
Note that The implementation of this was said to have led to a substantial increase in outsourcing.
Hence, Based on my own opinion, i will say that From the "Boeing" mini-case in the Hill & Hult textbook, I do think that Boeing's most recent decision to rethink its outsourcing strategy is correct.
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An executive summary should briefly explain everything in a business plan in how many pages?
Answer:
An executive summary should be one to two pages in length.
Explanation:
instance, think about the jobs listed below. While those in positions like these get to work
in and around show business, the functions they perform are based right in the clusters we
considered today: Business Management, Finance, Marketing and Sales. See if you can
search online to find what is involved with these three specific jobs. Can you find an example
of someone who holds this position? What do the do? How might their job allow them to
feel like a part of Hollywood?
Senior Vice President of Theatre Operations
Media Production Accountant
Social Media Director, Film Marketing Agency description of each of the three careers that you researched, including what tasks the
job requires and why the job is so important
2. A breakdown of the education requirements for each career, including subjects that might
be beneficial in preparing for each career
3. The projected annual salary for someone in each career and the job outlook according to
the Bureau of Labor
4. A summary of why you think this job is a good choice for someone who is interested it
"show business*
Each of these careers can be a good choice for someone interested in "show business" as they offer opportunities to work closely within the entertainment industry and contribute to its success. They provide a chance to be involved in the operations, financial management, marketing, and promotion of films and theaters.
Senior Vice President of Theatre Operations:
This role involves overseeing the operations and management of theaters within a company. Responsibilities may include developing and implementing operational strategies, managing budgets and financial performance, coordinating with production teams, ensuring smooth theater operations, and enhancing the overall customer experience. An example of someone who holds this position is Mark Manuel, Senior Vice President of Theatre Operations at AMC Theatres.
Media Production Accountant:
A media production accountant is responsible for managing the financial aspects of film and television production. They handle budgeting, cost tracking, payroll, financial reporting, and ensuring compliance with industry regulations. Their role is crucial in managing the financial resources of a production, tracking expenses, and providing accurate financial information for decision-making. Relevant education in accounting or finance is essential for this career, and knowledge of the entertainment industry can be beneficial.
Social Media Director, Film Marketing Agency:
As a social media director in a film marketing agency, the role involves developing and implementing social media strategies to promote films. They oversee social media campaigns, manage content creation, engage with audiences, analyze performance metrics, and work closely with marketing teams. Their job is important in building an online presence, creating buzz, and engaging fans within the film industry. A background in marketing, communication, or digital media is typically desired for this role.
Each of these careers can be a good choice for someone interested in "show business" as they offer opportunities to work closely within the entertainment industry and contribute to its success. They provide a chance to be involved in the operations, financial management, marketing, and promotion of films and theaters. These roles allow individuals to work behind the scenes, making critical decisions and supporting the overall success of productions. Additionally, being part of the entertainment industry can be exciting and fulfilling for those passionate about the world of show business.
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If the commercial mortgages on the balance sheet of this bank decline in value then the value of the bank's equity will rise.a. Trueb. False
Answer: False
Explanation:
According to the Accounting equation, the debit side must equal the credit side.
The Commercial mortgages for this bank are on the debit side so if they reduce, the credit side will have to reduce as well to remain in balance.
The Equity will therefore not rise but rather decrease in value so that the two sides will be balanced.
WBS for the knowledge area of Human/Resource Management for a low-cost housing project
Here's an example of a WBS for the knowledge area of Human/Resource Management for a low-cost housing project:
The wbs for a knowledge area of Human/Resource Management for a low-cost housing projectHuman/Resource Management
1.1 Staffing Plan
1.1.1 Define project roles and responsibilities
1.1.2 Identify required staffing resources
1.1.3 Determine the project team structure
1.1.4 Develop a staffing plan and budget
1.2 Recruitment and Selection
1.2.1 Create job descriptions and specifications
1.2.2 Advertise and promote job openings
1.2.3 Review resumes and conduct initial screenings
1.2.4 Conduct interviews and select candidates
1.2.5 Perform background checks and reference checks
1.2.6 Extend job offers and negotiate terms
1.3 Training and Development
1.3.1 Assess training needs for project team members
1.3.2 Develop a training plan and schedule
1.3.3 Conduct training sessions and workshops
1.3.4 Provide on-the-job training and mentoring
1.3.5 Evaluate training effectiveness and adjust as needed
1.4 Performance Management
1.4.1 Set performance expectations and goals
1.4.2 Monitor and assess individual and team performance
1.4.3 Provide feedback and coaching to improve performance
1.4.4 Conduct performance appraisals and evaluations
1.4.5 Identify and address performance issues or conflicts
1.5 Resource Allocation
1.5.1 Identify project resource requirements
1.5.2 Allocate resources based on project needs
1.5.3 Monitor resource utilization and availability
1.5.4 Optimize resource allocation to meet project objectives
1.6 Stakeholder Management
1.6.1 Identify project stakeholders and their interests
1.6.2 Develop a stakeholder engagement plan
1.6.3 Communicate and manage stakeholder expectations
1.6.4 Address stakeholder concerns and resolve conflicts
1.6.5 Maintain positive relationships with stakeholders
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Elm Company's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 Raw materials inventory $420,000 $350,000 Work in process inventory 400,000 275,000 Finished goods inventory 200,000 125,000 During 2020, $750,000 of raw materials were purchased, direct labor costs amounted to $560,000, and manufacturing overhead incurred was $630,000. The total raw materials available for use to assign to production during 2020 for Elm Company is Group of answer choices
Answer:
$680,000
Explanation:
The computation of the raw material allocated to production is shown below:
As we know that
Raw materials used in production = Beginning raw materials + Purchase of raw materials - Ending raw materials
= $350,000 + $750,000 - $420,000
= $680,000
A source document should always do which of the following?
A. Be printed on paper
B. Record the date of the transaction
C. Bear an authorized
D. Include a number that can be used for recording
Answer:
Record the date of transaction
Explanation:
Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,510 and two jobs in process: Job No. 429 $2,150, and Job No. 430 $1,360. During May, a summary of source documents reveals the following. Job Number Materials Requisition Slips Labor Time Tickets 429 $2,970 $2,100 430 4,100 3,200 431 4,540 $11,610 8,100 $13,400 General use 900 1,590 $12,510 $14,990 Stine Company applies manufacturing overhead to jobs at an overhead rate of 68% of direct labor cost. Job No. 429 is completed during the month. (a) Prepare summary journal entries to record (1) the requisition slips, (2) the time tickets, (3) the assignment of manufacturing overhead to jobs, and (4) the completion of Job No. 429. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Preparation of journal entries
Stine Company Journal entries
1. May 31
Dr Work in process inventory $11,610
Dr Manufacturing overhead $900
Cr Raw materials inventory $12,510
(To record requisition slips)
2. May 31
Dr Work in process inventory $13,400
Dr Manufacturing overhead $1,590
Cr Factory labor $14,990
(To record the time tickets)
3. May 31
Dr Work in process $9,112
($13,400*68%)
Cr Manufacturing overhead $9,112
(To record assignment of manufacturing overhead to jobs)
4. May 31
Dr Finished goods inventory $8,648
Cr Work in process inventory $8,648
[( $2,150+$2,970+$2,100+($2100*68%)]
(To record the completion of Job No. 429)
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3 reasons for pricing a product
Answer:
The three reasons for pricing a product are:
Achieving market share.Investments.Supply.In a newsvendor setting where the seller faces random demand, if two products have the same critical ratio, then their optimal ordering quantity (i.e., the Newsvendor ordering quantity) will be the same.
A. True
B. False
Answer:
A. True
Explanation:
Critical ratio determines the area covered by optimal ordering quantity. The non perishable goods have high critical ratio then perishable goods. Optimal order quantity can be determined by Economic order quantity.
on june 15, a newspaper columnist predicted that the coast of state x would be flooded on the following september 1. relying on this pronouncement, gullible quit his job and sold his property at a loss so as not to be financially ruined. when the flooding did not occur, gullible sued the columnist in a state x court for damages. the court dismissed the case for failure to state a cause of action under applicable state law. on appeal, the state x supreme court upheld the lower court. three months after this ruling, the state y supreme court heard an appeal in which a lower court had ruled that a reader could sue a columnist for falsely predicting flooding.
The state Y Supreme Court heard an appeal where a lower court had ruled that a reader could sue a columnist for falsely predicting flooding, three months after the state X Supreme Court upheld the lower court's dismissal of a similar case for failure to state a cause of action under applicable state law.
In this case, the plaintiff, Gullible, relied on the prediction of the columnist and took actions that resulted in a financial loss. However, the court in state X dismissed the case, stating that there was no cause of action under the state's law. On appeal, the state X Supreme Court upheld the lower court's decision. The ruling in state Y, however, may be different, and it remains to be seen what the outcome will be.
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B C x-Coordinate 57 y-Coordinate 5 Hamilton 97 85 65 6 Kingsport 7 Chicago 35 130 8 Pittsburgh 90 110 9 New York 126 130 10 Atlanta 70 50 11 12 Center of Gravity 13 14 Use the area to the right to draw a scatter diagram. 15 1 2 ~34 A Center of Gravity Name D Volume 400 300 300 100 400 100 E Taylor Paper Products is a producer of paper stock used in newspapers and magazines. Taylor's demand is relatively constant, and thus can be forecast rather accurately. The company's two factories are located in Hamilton, Ohio, and Kingsport, Tennessee. The company distributes paper stock to four major markets: Chicago, Pittsburgh, New York, and Atlanta. The board of directors has authorized the construction of an intermediate warehouse to service those markets. Coordinates for the factories and markets as well as the amounts produced and demanded have been collected in the Microsoft Excel Online file below. Use the following equations to compute the coordinates of the center of gravity: C₂ = ΣXW₁/W G-ΣΥN/ΣΜ where C₂ = x coordinate of the center of gravity Cy = y coordinate of the center of gravity X₁ x coordinate location / Y = y coordinate of location / W₁ = volume of goods or services moved to or from location i Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet Questions 1. What are the x and y coordinates of the Center of Gravity? Round your answers to two decimal places. C₂: 74.29 Cy: 96.47 X
The x coordinate of the Center of Gravity (C₂) is approximately 14.25, and the y coordinate (Cy) is approximately 36.69.
To find the x and y coordinates of the Center of Gravity (COG) using the given data, we need to calculate the weighted averages of the x and y coordinates.
First, we calculate the weighted sum of the x coordinates (ΣXW₁):
ΣXW₁ = (57 * 400) + (85 * 300) + (65 * 300) + (6 * 100) + (97 * 400) + (35 * 100) = 22800
Next, we calculate the total volume of goods moved (ΣW₁):
ΣW₁ = 400 + 300 + 300 + 100 + 400 + 100 = 1600
Using the formula for the x coordinate of the COG (C₂):
C₂ = ΣXW₁ / ΣW₁ = 22800 / 1600 = 14.25
Similarly, we calculate the weighted sum of the y coordinates (ΣYW₁):
ΣYW₁ = (5 * 400) + (130 * 300) + (130 * 300) + (50 * 100) + (85 * 400) + (130 * 100) = 58700
Using the formula for the y coordinate of the COG (Cy):
Cy = ΣYW₁ / ΣW₁ = 58700 / 1600 = 36.69
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Accounting for Financial Management: Free Cash Flow
The focus on traditional financial statements is market data rather than cash flow. However, cash flow is important to investors, managers, and stock analysts. Therefore, decision makers and security analysts need to modify financial statement data provided to them. An important modification is the concept of free cash flow (FCF). Many analysts regard FCF as being the single and most important number that can be developed from the income statements, even more important than net income. The equation for free cash flow is: FCF = = (EBIT(1 - T) + Depreciation and amortization) - [Capital expenditures + delta Net operating working capital]
Free cash flow is the cash flow actually available for payments to all investors (stockholders and debtholders) after the company has made investments in fixed assets, new products, and operating working capital. A negative FCF means that the company does not have sufficient internal funds to finance its investments in fixed assets and working capital, and that it will have to raise new money in the capital markets to pay for these investments. Negative FCF is not always bad. If FCF is negative because after- tax operating income is negative this is bad, because the company is probably experiencing operating problems. Exceptions to this might be startup companies, companies incurring significant expenses to launch a new product line, and high-growth companies-with large capital investments.
Quantitative Problem: Rosnan Industries' 2018 and 2017 balance sheets and income statements are shown below.
Balance Sheets
Assets 2018 2017
Cash and equivalents $100 $85
Accounts receivable 275 300
Inventories 375 250
Total current assets $750 $635
Net plant and equipment 2,300 1,490
Total assets $3,050 $2,125
Liabilities and Equity
Accounts payable $150 85
Accruals 75 50
Notes payable 150 75
Total current liabilities $375 210
Long-term debt 450 290
Total liabilities 825 500
Common stock 1,225 1,225
Retained earnings 1,000 400
Common equity 2,225 1,625
Total liabilities and equity $3,050 $2,125
Income Statements
2018 2017
Sales $3,100 $1,600
Operating costs excluding
depreciation and amortization 1,250 1,000
EBITDA $1,850 $600
Depreciation and amortization 100 75
EBIT $1,750 525
Interest 62 45
EBT $1,688 $480
Taxes (40%) 675 192
Net income $1,013 $288
Dividends paid $53 48
Addition to retained earnings $600 $240
Shares outstanding 100 100
Price $25.00 $22.50
WACC 10.00%
The balance in the firm's cash and equivalents account is needed for operations and is not considered "excess" cash. Using the financial statements given above, what is Rosnan's 2018 free cash flow (FCF)?
Rosnan's 2018 free cash flow (FCF) is $765
ROSNAN'S 2018 FREE CASH FLOW
First step is to calculate Net operating working capital for 2017
Using this formula
Net operating working capital = Current assets - (Current liabilities - Notes payable)
Let plug in the formula
Net operating working capital 2017 = $635 - ($210 - $75)
Net operating working capital = $635 - $135
Net operating working capital= $500
Second step is to calculate Net operating working capital for 2018
Net operating working capital 2018 = $750 - ($375 - $150)
Net operating working capital 2018= $750 - $225
Net operating working capital 2018= $525
Third step is to calculate the Change in net operating working capital
Change in net operating working capital =$525 -$500
Change in net operating working capital=$25
Fourth step is to calculate Capital expenditure
Using this formula
Capital expenditure = Net fixed assets in 2018 + Depreciation for 2018 - Net fixed assets in 2017
Let plug in the formula
Capital expenditure= $2,300 + $100 - $1,490
Capital expenditure = $910
Now let determine the Free cash flow using this formula
Free cash flow = EBIT * (1-Tax rate) + Depreciation - Capital expenditure - Change in net operating working capital
Let plug in the formula
Free cash flow = $1,750 ×(1 - 0.40) + $100 - $910 - $25
Free cash flow =($1,750×0.60) +$100-$910-$25
Free cash flow =$1,050+600-$910+$25
Free cash flow =$765
Inconclusion Rosnan's 2018 free cash flow (FCF) is $765
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Which one has the objective of "long-term financial success"?
A. Plotting
B. Spending
C. Saving
D. Investing
Answer:
C saving
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If the central bank can act as a lender of last resort during a banking panic, banks can.
If the central bank can act as a lender of last resort during a banking panic, banks can satisfy customer withdrawal needs and eventually restore the public's faith in the banking system.
A financial institution is a monetary group certified to receive deposits and make loans. There are several varieties of banks inclusive of retail, commercial, and investment banks. In maximum nations, banks are regulated by using countrywide authorities or vital financial institutions.
Although banks do many things, their number one position is to soak up funds—called deposits—from people with money, pool them, and lend them to individuals who need a price range. Banks are intermediaries among depositors (who lend money to the bank) and debtors (to whom the financial institution lends money).
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What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
Select from the option list provided the most likely classification(s) of net assets, if any, that are affected by each transaction of a not-for-profit entity. The entity reports the minimum required classes of net assets. Each choice may be used once, more than once, or not at all.
1. Legally restricted gains.
2. Expenses reported by functional classification.
3. Contributions of services that do not create or enhance nonfinancial assets or require special skills.
4. Costs of collection items not capitalized by the NFP.
5. Board-designated endowment.
6. Expenses reported by natural classification.
7. Conditional promise to give if the barrier has not been overcome.
8. Unconditional promises to give cash with amounts due in future periods.
9. Receipt of a gift restricted to acquisition of a long-lived asset that has been placed in service. The entity chooses to imply a time restriction over the life of the asset.
10. Investment return on a donor-restricted perpetual endowment fund with no donor restriction on the investment return, which has not been appropriated by the governing board.
11. Losses on an underwater endowment fund.
a. Net Assets without Donor Restrictions
b. Net Assets with Donor Restrictions
c. Net Assets without Donor Restrictions or Net Assets with Donor Restrictions
d. Temporarily Restricted Net Assets
e. Permanently Restricted Net Assets
f. No Effect on Net Assets
Answer:
1. Legally restricted gains
Classification: Net Assets without Donor Restrictions
2. Expenses reported by functional classification
Classification: Net Assets without Donor Restrictions
3. Contributions of services that do not create or enhance nonfinancial assets or require special skills
Classification: No Effect on Net Assets
4. Costs of collection items not capitalized by the NFP
Classification: No Effect on Net Assets
5. Board-designated endowment
Classification: Net Assets without Donor Restrictions
6. Expenses reported by natural classification
Classification: Net Assets without Donor Restrictions
7. Conditional promise to give if the barrier has not been overcome
Classification: No Effect on Net Assets
8. Unconditional promises to give cash with amounts due in future periods
Classification: Temporarily Restricted Net Assets
9. Receipt of a gift restricted to acquisition of a long-lived asset that has been placed in service. The entity chooses to imply a time restriction over the life of the asset
Classification: Net Assets with Donor Restrictions
10. Investment return on a donor-restricted perpetual endowment fund with no donor restriction on the investment return, which has not been appropriated by the governing board
Classification: Net Assets with Donor Restrictions
11. Losses on an underwater endowment fund
Classification: Net Assets with Donor Restrictions
The Department of Customer Service's Accounting Division bases its budget request for the following year on the average of its actual
expenses for the previous four years. The division has both fixed costs, which remain the same year-to-year, and variable costs, which
fluctuate year-to-year. Each year's budget request is determined by adding the fixed costs for the current year to the average of the variable
costs for the previous four years. Below is a summary of the Accounting Division's fixed and variable costs for the years 2018 through 2021.
Variable costs change in share to aircraft usage, and encompass fuel and oil, preservation and crew costs.
Which apportion the charges from the provider departments to the manufacturing departments?(i) Direct Re-Distribution Method:
Under this method, the expenses of carrier departments are without delay apportioned to production departments barring taking into consideration any provider from one service branch to every other provider department.
The intention of the production price range is to make accessible enough extent of items and offerings as and when required with the aid of the income or advertising and marketing department. Like sales budget, the manufacturing budget have to also be organized for every sub-period of the overall budget period.
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O A. New refrigerator
B. Extended warranty on the refrigerator
O C. Refrigerator repair
O D. Refrigerator delivery
Answer:
refrigerator- repair
Explanation:
Answer:
A. New refrigerator
Explanation:
It is the only actual instance of an item one could buy at a store. The rest are not fiscal items, but instead services for the product.
Customer experience size is not good enough
If the customer experience is not good enough, then there would be complaints and dissatisfaction.
Customer ExperienceThis has to do with the general feelings which a customer who has had an encounter with a product or service has after using them.
With this in mind, we can see that if the customer experience is bad, then that means that there would be negative feedback.
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Which of the following is not true about a mixed cost?It consists of both fixed and variable cost components.A company will still incur some costs if the level of activity is zero.It increases in proportion to increases in the level of activity.A company will incur no costs if the level of activity is zero.
A company will incur no costs if the level of activity is zero this is not true for a mixed cost. Here option D is the correct answer.
Mixed costs are costs that contain both fixed and variable components, and as a result, they don't increase or decrease in a constant proportion to changes in the level of activity. Instead, they will exhibit some degree of fixed and some degree of variable behavior.
If the level of activity is zero, a company will still incur some costs, as the fixed component of a mixed cost remains constant regardless of changes in the level of activity.
For example, a company may incur rent expenses, salaries, and insurance premiums, even if no production takes place. These costs are part of the company's fixed overhead and will remain constant regardless of changes in production levels.
Complete question:
Which of the following is not true about a mixed cost?
A - It consists of both fixed and variable cost components.
B - A company will still incur some costs if the level of activity is zero.
C - It increases in proportion to increases in the level of activity.
D - A company will incur no costs if the level of activity is zero.
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