It is FALSE that the expected level (value) of the forecasted quantity is the most important aspect of the forecast.
What is a forecast?A forecast is an estimate of future trends using predictions of past and present data. A forecast assumes future repeatable patterns. However, a good forecast is:
Cost-effectiveAccurateMeaningful.Thus, since the actual values will always differ from forecasted values, the most important aspect of the forecast is not the expected value.
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Which of the following options is a strong argument for why you should receive a raise?
Pay is a major factor in why people leave their occupations, among many other factors. Pay is linked to several indicators of job satisfaction in addition to helping your staff cover their living expenditures. Giving the appropriate starting salary and maintaining inflation rates is insufficient. It might be expensive to hire a new employee. Staff raises will not only aid in employee retention but also boost productivity as morale rises. Exceeding Expectations, Loyalty, Seeking Professional Development, Producing High-Quality Work, Driving Sales and Revenue, Possessing Special Skills and Talents, Demonstrating a Positive Attitude, Being Responsible, Taking Initiative, and Going Above and Beyond are the reasons they deserve a raise.
A raise is an increment in the wage or hourly rate that an employee is paid for services rendered to a company.
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lawrence company acquired levels company during the current year. at the date of the acquisition, where a bargain purchase did not occur, the acquisition method group of answer choices consolidates the subsidiary's assets at fair value and the liabilities at book value. consolidates all subsidiary assets and liabilities at book value. consolidates all subsidiary assets and liabilities at fair value. consolidates current assets and liabilities at book value, long-term assets and liabilities at fair value.
When Lawrence Company acquired Levels Company during the current year and a bargain purchase did not occur, the acquisition method group of answer choices that best describes the consolidation process is consolidates the subsidiary's assets at fair value and the liabilities at book value.
1. First, the acquisition method is applied when one company (in this case, Lawrence Company) acquires control over another company (Levels Company). This method is used to prepare consolidated financial statements.
2. During the consolidation process, the acquiring company (Lawrence Company) needs to determine the values at which the acquired company's (Levels Company) assets and liabilities will be consolidated.
3. In this specific scenario, where a bargain purchase did not occur, the subsidiary's assets are consolidated at their fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.
4. The liabilities of Levels Company, on the other hand, are consolidated at their book value. Book value is the original cost of the liability minus any accumulated amortization, depreciation, or impairment.
5. The other options mentioned, such as consolidating all subsidiary assets and liabilities at book value, consolidating all subsidiary assets and liabilities at fair value, and consolidating current assets and liabilities at book value with long-term assets and liabilities at fair value, are not applicable in this case.
In conclusion, when Lawrence Company acquired Levels Company and a bargain purchase did not occur, the appropriate method for consolidating the subsidiary's assets and liabilities is to consolidate the assets at fair value and the liabilities at book value.
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An S corporation had the following income and expenses: Sales $240,000 Rent expense 25,000 Business meals 5,000 Interest income 1,500 Contributions to qualifying charities 600 IRC Section 179 expense 3,000 Depreciation expense 1,800 What would be reported as ordinary income on the corporation's income tax return
The amount that should be reported as the ordinary income on the income tax return of the corporation is $210,700.
Sales $240,000
Less: Rent expense ($25,000)
Less: 50% Entertainment expense ($2,500)
Depreciation ($1,800)
Ordinary income $210,700
Ordinary income involved the sales amount, rent expense, 50% of entertainment expense, and the depreciation expense
Therefore, we can conclude that the amount that should be reported as the ordinary income on the income tax return of the corporation is $210,700.
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thanks to donations from merchants in the community, an after-school club for disadvantaged children has introduced a new promotion: those who maintain a b average for the school year will each receive $100 in gift certificates from local businesses, such as an ice-cream parlor and a clothing store. this is an example of
This initiative can be seen as an example of Option A. incentivizing academic achievement.
By offering gift certificates to students who maintain a B average for the school year, the after-school club is creating a system of rewards to motivate and encourage the children to excel academically.
The donations from local businesses serve as a means to provide tangible incentives for the students, giving them a direct benefit for their hard work and dedication.
By linking academic success with the opportunity to receive gift certificates, the after-school club is reinforcing the value of education and emphasizing the importance of maintaining good grades.
This not only motivates the disadvantaged children to strive for better academic performance but also instills in them a sense of accomplishment and self-worth.
Moreover, this initiative also has a positive impact on the community as a whole.
By collaborating with local merchants, the after-school club is promoting community engagement.
The donations from these businesses demonstrate their commitment to supporting educational opportunities for disadvantaged children.
This partnership fosters a sense of unity and shared responsibility among community members, as they collectively work towards uplifting the underprivileged youth.
In conclusion, the promotion of providing $100 gift certificates to students who maintain a B average is an example of incentivizing academic achievement while simultaneously promoting community engagement.
By doing so, the after-school club aims to inspire and empower disadvantaged children while fostering a stronger and more supportive community.
Therefore, the correct Option is A.
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The probable question may be:
"Thanks to donations from merchants in the community, an after-school club for disadvantaged children has introduced a new promotion: those who maintain a B average for the school year will each receive $100 in gift certificates from local businesses. This is an example of (a) incentivizing academic achievement, (b) promoting community engagement, or (c) fostering entrepreneurial skills?"
Recently, the cable television networks have bombarded viewers with a variety of shows based around teams that come in to redecorate homes and gardens in a very short time frame. Since these teams are typically made up of men and women of different ethnic backgrounds, age, and physical capabilities, the fact they work so well with each other to accomplish the redecorating goal is an example of ____.
a. discrimination heterogeneity
b. social integration
c. organizational plurality
d. acculturation
e. an integrative locus of control
Answer:
social integration. i hope this helps for you!
Explanation:
An innovative business idea that no one has never had
An innovative business idea that no one has never had is Offering virtual assistance to other businesses.
What is innovative business idea ?innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.
It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.
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Complete question:
State An innovative business idea that no one has never had
Which of the following is a similarity between an industrial metrologist and a legal metrologist?
Both ensure confidence in the quality of measurements
Both are employed by private companies
Both develop measurement standards based on research
Both ensure adequate functioning of measurement instruments
Answer:
is a
Explanation:
Answer:
Both ensure confidence in the quality of measurementsExplanation:
The correct answer is Both ensure confidence in the measurements. A legal metrologist and an industrial metrologist are both concerned with the confidence organizations have in the quality of measurements. Industrial metrologists are concerned with the quality of measurements for the industry in which they work. Legal metrologists are concerned with the quality of measurements for all groups affected by measurement regulations.
Whipple Logistics Company's Transportation Challenge Ruby Shelton is part of the executive development training program. As part of her executive development plan, Ruby has temporarily been assigned to the transportation division of Whipple Logistics Company. The objective is to expose her to different parts of the company as a method of grooming her for a senior position someday. Ruby is excited about the opportunity. Her background is in operations management, therefore, she is familiar with transportation requirements, although not an expert. Doreen Delgado is Ruby's mentor in the program Doreen is a senior vice president and participated in the program when she was a junior executive. She understands the value of such a learning experience. Whipple Logistics Company has several new clients who want a briefing on the best mode of transportation for their businesses. Doreen assigned Ruby to this project. Doreen believes this is the perfect instrument to help Ruby develop a deep appreciation of the importance of selecting the best mode of transportation for specific products. Ruby is to prepare the briefing for the new clients Ruby understands that this is a great opportunity to learn more about Whipple's clients' needs. Her research illustrates that the best mode of transportation often depends on the industry using it. Industries that deal in bulk products such as corn, soybeans, wheat, cement, crude oil and coal must decide which mode of transportation is best. That decision is often based on the distance over which the shipment must be moved. Trucks have a cost advantage for short distances up to 500 miles consequently, they function primarily as the short haul option. As the distance increases rail has a cost advantage over trucks, however, barges have the greatest cost advantage if a waterway connects the point of origin and the destination Although Whipple Logistics Company provides shipping services to all industries, the new clients were primarily shipping large balk items. For bulk shipments barges are the least expensive mode of transportation However, waterways do not go everywhere: consequently, the critical factors are the shipment origin and its proximity to navigable waterways Ruby began to investigate what besides cost could be a driving factor. She discovered that seldom were single barges alone used to haul cargo Generally, barges are cabled together in what is called a 15-barge tow, giving it a capacity of 22.500 tons. Ruby wondered how this compared to the capacity of rail and trucks. She knew that rail cars are also connected together to increase capacity. The standard is a 100-car train whose hauling capacity is 11.200 tonths, it takes two 100-car trains to match a 15-barge tow. A third option is semitrucks or "18-wheelers." A single semitruck can haul 26 tons. Unfortunately, the drawback of semitrucks is they are a single shipping system, unlike barges or rail cars that are combined to create a larger shipping system. Approximately 870 semitrucks* would be required to equal the cargo capacity of either a 15- barge tow or two 100-car trains. Ruby decided that barges are the best bulk transportation option, if the origin and destination can be accessed by water. She appreciated that it was more complex that just cost though. One needs to factor in possible delays due to weather and the hauling capacity of a specific mode of transportation Questions 1. How should Ruby approach this briefing? Should she explain each type or should she discuss only the concept of intermodal transportation? Explain your recommendation; why do you think one approach is better than another, that is, what is the benefit to those being briefed? 2. In your opinion, which mode of transportation has the most potential for problems? Explain why you say that. 3. Identify the mode of transportation that is the most flexible and the one that is the least flexible. Explain why you consider them as the most and least flexible.
1. Ruby should approach the briefing by explaining each type of transportation (trucks, rail, and barges) and discussing the concept of intermodal transportation. This approach provides a comprehensive understanding of available options, allowing clients to make informed decisions based on their specific needs.
The mode of transportation has the most potential for problems?2. Trucks have the most potential for problems in transportation due to factors such as traffic congestion, accidents, adverse weather conditions, human error, delays, and capacity constraints.
3. Trucks are considered the most flexible mode of transportation due to their accessibility to various locations and the ability to provide door-to-door service. On the other hand, barges are the least flexible mode, as they heavily rely on waterways and may require additional transportation modes if waterway connectivity is lacking.
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Which of the following job search materials is the most important?
A. resume
B. list of references
C. cover letter
D. personal information card
Answer: A
Explanation:
Your resume is what you are telling the boss about you, your skills, your accomplishments, and what you do in the internet. This will prove if you get the job or not and I think this is the most important.
A resume is one of the most important materials for job searching. Hence, option A is appropriate.
What is a Resume?Job seekers must create a formal paper called a resume to describe their qualifications for a position. A personalized cover letter that is included with a resume typically conveys interest in a particular position or business and attracts attention to the CV's most crucial details.
A CV, usually called résumé, is a formal record used to describe a person's professional experience and skill set. It is typically made to aid an applicant in finding a new job. A professional overview, work history, as well as education parts make up a conventional resume.
The goal of a resume would be to persuade potential employers that you are qualified for just a position and therefore warrant an interview. Many job seekers are under the impression that their resumes must provide a detailed account of their professional experiences. Consider your resume as just an advertisement for yourself instead.
Hence, option A is correct.
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Strategic planning requires ________________ to facilitate the process of assessing opportunities or threats from competitors.
Strategic planning requires marketing Analytics to facilitate the process of assessing opportunities or threats from competitors.
What is Marketing Analytics?Please note that this is the study of data to assess the performance of marketing activity.
It strives to uncover market-related insights from data and helps to:
stop or prevent continuous lossesuncover hidden opportunitiesevaluate competitionunder stand consumption patterns and triggers etc.Following from the full question which is attached, the correct answer is B.
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People often plan in business. Strategic planning requires development of an organizational mission statement to facilitate the process of assessing opportunities or threats from competitors.
What is Strategic planningStrategic planning is known to be a kind of organizational management activity that is often done to show priorities, base energy and resources, empowers operations, make sure that employees and the stakeholders are working hard in hand for common goals.
This kind of planning needs the growth or workings of an organizational mission statement to boost the act of looking for opportunities or threats from competitors.
Here, there are establish agreement centers on the intended outcomes or results, and look into and adjust the organization' management.
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how do i get an egg out of my fridge????? HELP NEED TO KNOW ASAP
Answer:
open fridge!!!
Explanation:
STEP 1: open fridge
STEP 2: find the egg then grab with hand!!!!!!!!
(Its really hard!!)
A travel company sells tours in Costa Rica on its website. Instead of designing the website themselves, the company hired an outside software development company to design, run, and manage the website for them. This is an example of Multiple choice question. accessing capabilities through a collaborative partnership. matching organizational structure to strategy. acquiring capabilities through mergers and acquisitions. internal development.
The typical amount of capital needed to launch a startup, according to the Bureau of Labor Statistics, is
$10,000 - $12,000
$100,000 - $500,000
$1000 - $5000
$25,000 - $200,000
Answer:
b
Explanation:
The typical amount of capital needed to launch a startup, according to the Bureau of Labor Statistics, is B)$100,000 - $500,000.
What percentage of small businesses fail within the first 5 years?Consistent with the U.S. Bureau of hard work records (BLS), this isn't necessarily actual. Records from the BLS indicate that about 20% of recent businesses fail at some stage in the primary two years of being open, 45% at some stage in the primary five years, and sixty-five% during the primary 10 years. The simplest 25% of the latest corporations make it to fifteen years or greater.
In step with records published in 2019 with the aid of the Small enterprise management (SBA), about twenty percent of business startups fail within the first yr. About 1/2 succumb to commercial enterprise failure within 5 years. by way of 12 months 10, only approximately 33% live to tell the tale.
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showing in accounting rcords all information needed to prepare financial statements
Preparing financial statements involves recording and organizing financial transactions, events, and data to ensure accurate and comprehensive preparation.
In accounting, it is essential to maintain detailed and accurate records of financial transactions and events. These records serve as the foundation for preparing financial statements, such as the income statement, balance sheet, and cash flow statement.
The process involves systematically recording and organizing information related to revenues, expenses, assets, liabilities, and equity.
By diligently recording and documenting financial data, businesses ensure that all relevant information is captured and included in the financial statements.
This includes details about transactions, supporting documentation, calculations, and other necessary information.
Accurate and comprehensive accounting records provide transparency and facilitate the preparation of financial statements that present a true and fair view of the company's financial position, performance, and cash flows.
Moreover, maintaining complete accounting records allows for effective financial analysis, auditing, and compliance with regulatory requirements.
It enables stakeholders, such as investors, creditors, and government authorities, to assess the company's financial health, make informed decisions, and ensure compliance with accounting standards and regulations.
Overall, showing all the needed information in accounting records is vital for the preparation of reliable and informative financial statements.
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The National Income and Product Accounts allows us to relate ________ to ________ to ________. Group of answer choices household income; government income; firm income total output; total spending; inflation household income; household expenditure; total output total output; inflation; total income total output; total spending; total income
Answer:
gross domestic product (GDP), gross national product (GNP), and gross national income
Explanation:
The National Income and Product Accounts allows us to relate total output to total spending to total income. Therefore, option E is correct.
The National Income and Product Accounts (NIPA) is a system of economic measures used by the government to track and analyze the overall economic activity of a country.
It provides comprehensive data on national income, production, consumption, and investment. NIPA allows for the calculation of important indicators such as Gross Domestic Product (GDP), which measures the total value of goods and services produced within a country over a specific period.
By providing a framework to track income and output flows across different sectors, NIPA enables policymakers, economists, and analysts to monitor economic performance, make informed decisions, and assess the overall health of an economy.
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Most probably, your complete question is this:
The National Income and Product Accounts allows us to relate ________ to ________ to ________.
Group of answer choices
A. household income; government income; firm income
B. total output; total spending; inflation
C. household income; household expenditure; total output
D. total output; inflation; total income
E. total output; total spending; total income
Fixtures that are located on aisles and designed primarily to attract customers' attention and bring them into a department are called
Fixtures that are located on aisles and designed primarily to attract customers' attention and bring them into a department are called "attention-getting fixtures".
Attention-getting fixtures are display fixtures designed to draw customers' attention and entice them to enter a particular area or department of a store. They are typically located on prominent positions within aisles and include features such as bright colors, bold signage, unique shapes, and attractive lighting.
These fixtures are often used to promote specific products or sales, and may be changed frequently to keep the store looking fresh and new. Attention-getting fixtures can help to create a sense of excitement and urgency among customers, encouraging them to explore the store and make purchases.
Common types of attention-getting fixtures include display tables, feature walls, mannequins, and product demonstration areas. These fixtures may be used to highlight specific products or product lines, or to create themed displays that align with current trends or seasonal events.
Overall, attention-getting fixtures are an important tool in retail merchandising, helping to create a dynamic and engaging shopping environment that attracts customers and drives sales.
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disadvantages of creative thinking in a workplace
Answer:
This article will dive into what creative thinking is, types of creative thinking, and the benefits of thinking creatively in the workplace. As it happens, it is not the experience of failure that holds you back. There are six major obstacles to creative thinking that could be preventing you from learning how to improve your problem solving skills for business success. Creative thinking and creative thinkers are needed in those situations because it pushes out of that linear way of thinking. To think creatively, set aside any assumptions or biases you may have, and look at things in a completely new way. You don't have to be an artist for your work to have an artistic element. In homeostasis, there seems to be an irresistible unconscious pressure that brings you back to doing what you have always done. This requires the ability to examine things carefully to know what they mean. Thinking The following transcript is based on material in Skills for Success: The Personal Development Handbook, by Stella Cottrell. asked Feb 22, 2018 in Grade 12 by Admin Master (890k points) grade-12; ... discuss the disadvantages of creative thinking. Advantages Of Creative Thinking. Being rational means that we continually use our minds to explain the world to ourselves, so we can understand it better and feel more secure. Here are some of the types of creative thinking you might see in the workplace.
U.S. is established as a country based on freedom is to the early america era as federal support for the growth of big business is to the?
U.S. is established as a country based on freedom is to the early America era as federal support for the growth of big business is to the Industrial revolution.
What is American Industrial revolution?The 1870s saw the beginning of the Revolution, also referred to as the American Manufacturing Revolution, which lasted until the conclusion of World War II. During this time, new transport methods like steamships, vehicles, and airplanes were developed along with the mechanization of industry and agriculture.
What are the four root reasons of the American Industrial Revolution?The advent of capitalism, European imperialism, efforts to mine coal, and the effects of the agricultural revolution are some of the factors that historians have recognised as contributing to the Industrial Revolution.
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Lox, stock and bagel, inc. Issued 50,000 shares of the 100,000 authorized. It has since repurchased 5,000 of its shares. The number of shares outstanding equals ______ shares
Answer:
Explanation:
Lox, stock and bagel, inc. Issued 50,000 shares of the 100,000 authorized. It has since repurchased 5,000 of its shares. The number of shares outstanding equals ______ shares
The number of shares outstanding equals to 45,000 shares.
What are shares?Shares or share capital is the money a company raises by issuing common or preferred stock. It refers to the amount of money the owners of a company have invested in the business.
The number of shares outstanding is calculated as:
Number of shares issued = 50,000
Number of shares repurchased = 5,000
Number of outstanding shares = Number of shares issued- Number of shares repurchased
= 50,000-5,000
= 49,000
Therefore 49,000 shares is outstanding after repurchase.
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identify the condition in which most of the debate focuses on discriminatory consequences and the plaintiff need not prove an employer's intent to discriminate.
A disparate impact is the condition in which most of the debate focuses on discriminatory consequences, and the plaintiff need not prove an employer's intent to discriminate. Therefore, the option C holds true.
The discriminatory consequences can be referred to or considered as the one wherein the plaintiff files a case against his or her employer for the charges of discrimination against the plaintiff, who is also an employee. However, the plaintiff cannot prove discriminative intent of an employer in case of a disparate impact.
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Complete Question
Identify the type of case where most of the debate focuses on discriminatory consequences and the plaintiff need not prove an employer's intent to discriminate. an Select one:
O a. corrective action
O b. reasonable accommodation
O c. disparate impact
O d. affirmative action
O e. disparate treatment
FILL IN THE BLANK. ______ search is when the buyer looks for information beyond personal knowledge to help make the buying decision, such as checking the internet, asking a friend, or visiting a showroom.
External search is when the buyer looks for information beyond personal knowledge to help make the buying decision, such as checking the internet, asking a friend, or visiting a showroom.
External search refers to the process of gathering information from sources beyond personal knowledge to make informed buying decisions. It is a critical component of the consumer decision-making process, particularly for complex or high-risk purchases.
External search can involve a variety of information sources, including online reviews, expert opinions, recommendations from friends or family members, and visits to retail stores or showrooms. Consumers may also consult professional organizations or government agencies to gather information about a particular product or service.
The extent of external search can vary depending on factors such as the complexity of the product, the level of risk associated with the purchase, and the consumer's level of involvement or interest in the buying decision.
Overall, external search plays a crucial role in the consumer decision-making process by providing consumers with the information they need to make informed choices and ensure that their purchases meet their needs and expectations.
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Blueroot Inc. is considering a change in its financing policy. Currently, it uses maximum trade credit by not taking discounts on its purchases. The standard industry credit terms offered by all its suppliers are 2/10 net 30 days, and the firm pays on time. The new CFO is considering borrowing from its bank, using short-term notes payable, and then taking discounts. The firm wants to determine the effect of this policy change on its net income. Its net purchases are $11,760 per day, using a 365-day year. The interest rate on the notes payable is 10%, and the tax rate is 40%. If the firm implements the plan, what is the expected change in net income?
Answer:
net income should increase by $38,448
Explanation:
net purchases per day = $11,760
net purchases x 20 days = $11,760 × 20 = $235,200
interest expense = $235,200 × 10% = $23,520
the gross amount purchased during the 20 day period:
= (net purchases × 365) ÷ (1 - discount rate) = ($11,760 × 365 days) ÷ (1 - 0.02) = $4,292,400 / 98% = $4,380,000
lost discounts = $4,380,000 × 2% = $87,600
the after tax change in net income = ($87,600 - $23,520) × (1 - 40%) = $64,080 × 60% = $38,448
Please Help 100 Points + Brainlest Answer
Take in note *If I have $1046 spending cash for 1 month * Answer the Following questions based on that.
Your daughter gets sick and has to be in the hospital. You have to pay $2000 out of pocket before the health insurance company starts to pay the bill. What is this an example of?
Did you have enough left over from your pay check to cover that expense?
The following month, your wife gets into a car accident. She is out of work, but luckily you have been paying for _________________________ which helps pay the bills.
The month after, your son gets into a minor car accident. You must pay $500 out of pocket before your _______________________ company pays for the rest of the damages.
Your insurance goes up to $250 per month from $100. Do you have enough left over from your paycheck to cover that expense?
The government passes a new tax law that increases the tax percentage to 20% (.2) for less than $50,000, 30% (.3) for 50-99,999, and 40% (.4) for anyone making over $100,000. How much less will you be bringing home after taxes?
You get laid off from your job and find a job that only pays $25,000 a year. Your spouse finds a job that only makes $25,000 a year. You make $50,000 total but now you have to pay for daycare which is $300 a month. How much money do you have left over after you include all your other expenses?
Do you have enough money, or do you have to cut back on your expenses?
You want to go on vacation, and you charge $6,000 for a vacation to Disney. If the interest rate is 25%, how much will you have to pay IF you were able to pay it off all at once? 6,000 x .25 = _____ + 6,000 = _______
You have a third child, and now your grocery bill goes up another $100. How much do you have left over?
Explanation
you ill have 234 left
Explanation:
234 Will Be Left Hope It Helps U
If the demand for a product decreases, what is likely to happen?
A.
The supply is likely to increase.
B.
The demand is likely to be inelastic.
C.
The price is likely to increase.
D.
The price is likely to decrease.
Lyon Company had the following transactions: Apr. 8 Issued a $6,000, 60-day, six percent note payable in payment of an account with Bennett Company. May 15 Borrowed $40,000 from Lincoln Bank, signing a 60-day note at nine percent. Jun. 7 Paid Bennett Company the principal and interest due on the April 8 note payable. Jul. 6 Purchased $14,000 of merchandise from Bolton Company; signed a 90-day note with ten percent interest. Jul. 14 Paid the May 15 note due Lincoln Bank. Oct. 2 Borrowed $30,000 from Lincoln Bank, signing a 120-day note at nine percent. Oct. 4 Defaulted on the note payable to Bolton Company. Required a. Record these transactions in general journal form. b. Record any adjusting entries for interest in general journal form. Lyon Company has a December 31 year-end. Round answers to nearest dollar. Use 360 days for interest calculations.
Answer:
Lyon Company
General Journal with adjusting entries for interest expense:
Date Account Titles Debit Credit
Apr. 8 Accounts payable
(Bennett Company) $6,000
6% Note payable (Bennett Company) $6,000
To record the issuance of a 60-day note at 6% interest.
May 15 Cash $40,000
9% Note payable (Lincoln Bank) $40,000
To record the issuance of a 60-day note at nine percent.
Jun. 7 6% Note payable
(Bennett Company) $6,000
Interest expense $60
Cash $6,060
Jul. 6 Inventory $14,000
10% Note payable (Bolton Company) $14,000
To record the purchase of inventory by issuing a 90-day note.
Jul. 14 9% Note payable
(Lincoln Bank) $40,000
Interest expense $600
Cash $40,600
To record the full settlement of the note with interest.
Oct. 2 Cash $30,000
9% Note payable (Lincoln Bank) $30,000
To record the issuance of a 120-day note at 9% interest.
Oct. 4 10% Note payable
(Bolton Company) $14,000
Interest expense $350
Accounts payable (Bolton Company) $14,350
To record the default on payment of the note payable.
Explanation:
a) Data and Analysis:
Apr. 8 Accounts payable (Bennett Company) $6,000 6% Note payable (Bennett Company) $6,000 60-day
May 15 Cash $40,000 9% Note payable (Lincoln Bank) $40,000 a 60-day note at nine percent.
Jun. 7 6% Note payable (Bennett Company) $6,000 Interest expense $60 Cash $6,060
Jul. 6 Inventory $14,000 10% Note payable (Bolton Company) $14,000 a 90-day note
Jul. 14 9% Note payable (Lincoln Bank) $40,000 Interest expense $600 Cash $40,600
Oct. 2 Cash $30,000 9% Note payable (Lincoln Bank) $30,000
a 120-day note
Oct. 4 10% Note payable (Bolton Company) $14,000 Interest expense $350 Accounts payable (Bolton Company) $14,350
Which of the following actions can be considered good business etiquette?
A.
switching your cell phone off before you enter a meeting
B.
keeping your cell phone on low volume before you enter a meeting
C.
setting a pleasant ring tone on your cell phone before you enter a meeting
D.
setting a standard ringtone on your cell phone before you enter a meeting
C. George Delivery Co.'s adjusted trial balance shows two expense accounts: Wages Expense with a debit balance of $12,000 and Advertising Expense with a debit balance of $3,000. The journal entry to close these accounts will include a debit to which account(s):____________
Answer: income summary
Explanation:
during the 1990s positive technological change in the production of chicken caused the price of chicken to fall. holding everything else constant, how would this affect the market for pork (a substitute for chicken)? group of answer choices
The interest for pork would diminish and the harmony cost of pork would increment. The demand for pork would decrease and the equilibrium price of pork would increase. choice (A) is right.
Expecting the expense of chicken falls, customers would grow the sum mentioned of chicken and reduce their advantage in pork. The fall in the interest in pork would provoke a leftward shift in the interest twist for pork. A leftward shift in the interest twist while the reserve twist stays unaltered would provoke a fall together as one expense of pork.
As such, demand for pork fell since supply for chicken developed, chicken became less expensive, and part of the interest that was for pork previously, moved to chicken.
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This question is not complete , Here I am attaching the complete question:
During the 1990s positive technological change in the production of chicken caused the price of chicken to fall. holding everything else constant, how would this affect the market for pork (a substitute for chicken)? group of answer choices
(A) The demand for pork would decrease and the equilibrium price of pork would increase.
(B) The supply of pork would increase and the equilibrium price of pork would decrease.
(C) The demand for pork would increase because consumers could afford to buy more chicken and pork.
(D) The demand for pork would decrease and the equilibrium price of pork would decrease.
consider a binomial economy with a stock with starting price of $50. each period the stock can go up 5% or drop 3%. an investment bank sells a european put option on the stock that matures after four periods and has a strike price of $45. interest rate per period is 2%. describe the steps to be taken by the investment bank in order to hedge the position (only at the moment the option is sold).
The steps to be taken by investment bank in order to hedge position are Calculate number of options to be sold, Calculate option's delta, Determine number of shares to be held and Rebalance hedge
To hedge the position, the investment bank needs to take certain steps to manage the risk associated with the sold European put option. Here are the steps to be taken:
Calculate the number of options to be sold: Determine the number of European put options to be sold based on the desired level of exposure and risk management.
Calculate the option's delta: Delta measures the sensitivity of the option's price to changes in the underlying stock price. Calculate the delta of the put option to determine the number of shares required for a delta-neutral hedge.
Determine the number of shares to be held: Multiply the delta of the put option by the number of options sold to calculate the number of shares required for the hedge. The delta of a put option is negative, so the investment bank needs to hold a positive number of shares.
Invest in risk-free assets: To offset the risk, the investment bank invests in risk-free assets, such as government bonds or Treasury bills, to earn a guaranteed return over the option's life. The amount invested in risk-free assets should be sufficient to cover the potential payoff of the put option.
Rebalance the hedge: Periodically monitor the stock price and adjust the hedge accordingly by buying or selling additional shares or risk-free assets to maintain a delta-neutral position.
By following these steps, the investment bank can hedge its position by neutralizing the potential losses from the sold put option, reducing its exposure to stock price fluctuations, and managing the overall risk of the portfolio.
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Which of the following scenarios would lead to improved productivity for a farmer who is growing corn?
A the farmer adds workers but still produces the same amount of corn
B the farmer buys a radio for his tractor so that he can enjoy music while working
C the farmer builds an irrigation system which increases the output and his profits
D the farmer sells his corn for a lower price in order to out-sell his competitors
Answer:
im pretty sure the answer is d but im not sure