A weakness of market economies is that they can distribute resources unequally. This is because the distribution of resources in a market economy is based on supply and demand, which can result in certain individuals or groups having more resources and wealth than others.
Additionally, market economies can be inefficient if there is not enough competition or if there are external factors that disrupt the market. However, market economies can also promote innovation and respond to market forces, which can lead to economic growth and development. Ultimately, it is important to balance the benefits and drawbacks of market economies to create a sustainable and equitable economic system.
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reconstructing incomplete or damaged accounting records and probing money-laundering activities are examples of situations that often involve
Forensic accounting is instrumental in investigating financial irregularities, reconstructing records, and uncovering fraudulent or illegal activities. It combines accounting expertise with investigative techniques to provide reliable financial evidence for legal proceedings and regulatory compliance.
forensic accounting. Forensic accounting is a specialized field that combines accounting, auditing, and investigative skills to analyze financial information for legal purposes. It involves investigating and analyzing financial records to uncover fraud, financial irregularities, or illegal activities.
When it comes to reconstructing incomplete or damaged accounting records, forensic accountants use various techniques and tools to piece together the available information. They may employ methods such as data recovery, financial modeling, and forensic data analysis to recreate the missing or damaged records. This process helps in providing a more accurate representation of the financial transactions and activities that occurred.
Probing money-laundering activities is another area where forensic accounting plays a crucial role. Money laundering involves disguising the origins of illegally obtained funds and making them appear legitimate. Forensic accountants analyze financial transactions, trace funds, and identify patterns or anomalies that could indicate money laundering activities. They may also collaborate with law enforcement agencies and legal professionals to gather evidence, prepare reports, and testify in court if necessary.
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you are an administrative assistant in the purchasing department. Another administrative assistant is getting married in three weeks. Rumor has it that after the wedding, she will not be returning, and two of your peers have come to you asking if it is true because they want to apply for her job. you have not seen an official announcement, however, the assistant did tell you that she plans not to come back. What should you say to your two coworkers?
In this situation, You should tell your coworkers that you are unsure and that it is not yet official announced.
Co - workers.
Co workers refers a person with whom one works, typically someone in a similar role or at a similar level within an organization.
Given,
Here we have given that, you are an administrative assistant in the purchasing department. And another administrative assistant is getting married in three weeks. There is a rumor has it that after the wedding, she will not be returning, and two of your peers have come to you asking if it is true because they want to apply for her job. Now, you have not seen an official announcement, however, the assistant did tell you that she plans not to come back.
Here we need to find how you should handle this situation.
While we looking into the given question, we have identified the following,
There are 2 administrative assistant in your company.
One is you and another one is a girl and she get married in three weeks. And she also planned to resign after her marriage but this resignation is not officially confirmed.
So, in this situation, two of your peer interested for the position and asking you about the recruitment process.
Here you have to reply the co workers that the resignation is not conformed and if it is officially announced they you have the option to apply for that position.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Stakeholder theory claims that ethics and economics can be neatly and sharply separated. A). True B). False
"Stakeholder theory claims that ethics and economics can be neatly and sharply separated." is False because Stakeholder theory proposes that ethics and economics are closely intertwined and cannot be neatly separated.
Stakeholder theory proposes that ethics and economics are closely intertwined and cannot be neatly separated. This theory states that the interests of various stakeholders, such as employees, customers, suppliers, local communities, shareholders and others, need to be taken into consideration and balanced in order to maximize long-term profits. Stakeholders are parties that have an interest in the activities and outcomes of the organization and are affected by the actions of the organization.
These parties should be considered in the decision-making process because they can influence the success of the organization, either directly or indirectly. Therefore, stakeholder theory suggests that ethical and economic considerations cannot be neatly and sharply separated and should be balanced for long-term success.
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external cost of expanding or building airport
Answer:
External costs may involve or interact and be impacted by the environment, society, or economic travesty, especially ones that were uncalled-for.
External costs depend on many things, including area, time, and space, but will mostly be a few hundred thousand U.S.D.
what does an outdoor advertiser buy when it buys a 100 showing?
When an outdoor advertiser buys a 100 showing, they are purchasing the right to display their advertisement on a set of outdoor advertising panels or billboards in a particular area.
A 100 showing in outdoor advertising refers to the purchase of advertising space on a group of billboards or panels that have a combined total of 100 "showings" or impressions. The term "showing" represents the potential number of times an advertisement will be seen by viewers. It is typically based on factors such as traffic volume, visibility, and the location of the billboards.
By buying a 100 showing, the advertiser secures the opportunity to display their advertisement on a set of billboards within a specific market or geographical area. This allows them to reach a targeted audience and maximize the exposure of their message. The specific locations and arrangement of the billboards may vary depending on the advertising agency or outdoor media company involved.
When an outdoor advertiser purchases a 100 showing, they are essentially acquiring the right to have their advertisement displayed on a collection of billboards or panels that collectively provide an estimated 100 impressions. This type of advertising purchase helps the advertiser to increase their brand visibility and reach a broader audience within a specific market.
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For this activity, you will be developing a personal finance plan that demonstrates your ability to manage your money using appropriate financial strategies.
Activity Overview:
Part 1 Overview:
For the first part of this activity, you will be given a hypothetical monthly income, a list of your basic monthly bills, and a brief description of your living situation and daily life.
Based on that information, you will create a monthly budget and financial plan that allows you to pay all of the necessary bills while also having enough money left over to live for the month.
You will also need to take into consideration the details that are given about your life. You will need to weigh your options with these details and decide what is absolutely necessary to fit into your budget and what you can afford to live without.
You may use a spreadsheet program like Microsoft Excel to organize your monthly financial plan; however, this is not a requirement if you are not comfortable using this type of program. You can also create a table or chart in a word processing program like Microsoft Word, or you can come up with another way to creatively and effectively organize and display your monthly plan.
If you are completely stumped as to how to design and organize your monthly financial plan, do a bit of research! Try Googling ‘monthly financial plan’ or ‘monthly budget template’ to get some ideas.
Part 2 Overview:
After completing your monthly financial plan, you will write a brief reflection (one to three paragraphs) on this financial activity.
The following questions should be addressed in your reflection:
How easy or difficult was this activity?
What were some challenges that you encountered?
Were you able to pay for all of your bills and all of the additional expenses with your income?
If not, what did you eliminate or where did you cut back?
How did you decide what to eliminate or where to cut back?
How might this hypothetical financial plan differ from a future real-life financial plan?
Do you feel more or less comfortable with money management after completing this activity?
Your grade will be based on your ability to appropriately create a comprehensive and well-thought out monthly budget and your ability to write a thoughtful reflection that addresses the required questions. For more details on grading, please refer to the rubric below.
Please submit your monthly financial plan and your typed reflection to the dropbox when completed.
Part 1 Information:
You currently work as an elementary school teacher.
Your annual salary is $45,000
You bring home a weekly paycheck and your total monthly income, after taxes, is $2,850.00
You live alone in an apartment with the following bills:
Monthly rent: $1,000
Electric Bill: $82
Gas and Water: $44
Internet: $75
Other monthly bills include:
Cell Phone: $85
Student Loan: $200
Car Insurance: $130
Gym Membership: $20
Other details and expenses:
You live a pretty simple life. You are single and enjoy going out to dinner with friends once or twice a month.
You enjoy eating healthily and generally spend a good portion of your income on purchasing organic food. You like to grocery shop weekly and, on average, spend $100 per week.
You have a dog and he is due for a monthly check-up this month. You estimate this will cost around $150, but you have not scheduled the appointment yet.
You are relatively healthy and rarely visit the doctor, but you do have asthma that requires monthly inhalers. These are not covered by insurance and cost you $110 per month.
You love treating yourself to a movie. A movie ticket costs $10.
There is a concert that your friends have asked you to attend this month. Tickets are $250.
You opened a savings account several months ago and set a goal to deposit $200 into it each month.
Your Mom’s birthday is this month and you want to send her flowers. It will cost $75 to send her a beautiful bouquet.
The service light recently came on in your car. You have been avoiding taking it to the shop because you anticipate that it will cost anywhere from $150-$300. But if your car breaks down, you will not be able to get to work.
PART 1 Careful budgeting and prioritization are essential for creating a comprehensive monthly financial plan. Allocating funds to essential expenses and evaluating discretionary spending allows for effective income management.
PART2 The individual should write a brief reflection on the financial activity.
Creating a monthly financial plan based on the given information can be a challenging task, but with careful budgeting and prioritization, it is possible to manage the income effectively.
To start, the fixed monthly expenses such as rent, electric bill, gas and water, internet, cell phone, student loan, and car insurance should be allocated first. These expenses are essential and need to be paid regularly.
Next, the discretionary expenses can be evaluated and adjusted based on available funds. Considering the desire to eat healthily and purchase organic food, it is important to allocate a reasonable amount for groceries. It is recommended to plan meals and shop strategically to stay within the budgeted amount.
Regarding entertainment expenses, attending a movie and a concert can be considered, but it's crucial to assess their importance and affordability. It may be necessary to prioritize one over the other or find alternative, lower-cost activities to enjoy with friends.
Saving $200 per month as a goal is commendable, but it should be evaluated in the context of the overall financial situation. If it becomes difficult to allocate that amount while meeting all other expenses, it may be necessary to adjust the savings goal temporarily and increase it in the future when financial circumstances improve.
Considering the upcoming expenses, such as the dog's check-up, asthma inhalers, and sending flowers for your mom's birthday, it's important to set aside funds for these obligations. These expenses should be factored into the budget to ensure they can be paid without causing financial strain.
In the reflection, it is important to acknowledge the challenges faced while creating the financial plan. This may include balancing expenses, making decisions on discretionary spending, and adjusting expectations based on available income.
It is also important to consider how this hypothetical financial plan may differ from a real-life plan, as individual circumstances and financial goals can vary.
Completing this activity can enhance money management skills by providing practical experience in budgeting and decision-making. It helps in understanding the importance of prioritizing expenses and making informed financial choices.
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ARTICULATE THE MAJOR APPLICATIONS OF DEMAND AND SUPPLY TOOLS IN DIFFERENT TYPES OF MARKETS . REFERENCE SHOULD BE MADE TO ANY EMERGING ECONOMY OF YOUR CHOICE.
Answer:
Demand and supply are important tools for formulating an economy. The major role is played by demand and supply function in an economy. Demand and supply of a product decides the price for it.
Explanation:
Demand and Supply of a product is set in order to achieve equilibrium in an economy. If demand for a product is higher than its supply then it will create burden on its price and prices for the product will increase. If the supply for a product is high and demand is low then the prices will decline as customer will have sufficient supply to buy from and they will buy at lowest possible price.
What is the central conflict of Animal Farm?
The conflict warfare of Animal Farm arises while the animals' preference for freedom and equality is corrupted with the aid of the consolidation of political energy among the pigs.
The conflict between the animals and the people is resolved by using the animals, led by way of the pigs, to overthrow the people but in the long run, the pigs emerge as acting much like the humans. The struggle between Napoleon and Snowball is solved through Snowball being pushed away and Napoleon gaining entire manipulation over the farm.
Central to George Orwell’s “Animal Farm” is the conflict between revolutionaries seizing power for the good of the people versus seizing power for their own enrichment. The book examines the question of how much power citizens can entrust to a leader who purports to make unilateral decisions for the citizens' benefit.
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All of the following are examples of secondary types of data except:
A. U.S. Census data
B. Consumer Reports
C. test market
D. Rotten Tomatoes (movie reviews)
to encourage high ethical standards and support a strong ethical climate, a company's leadership should
To encourage the high ethical standards and support a strong ethical climate, a company's leadership should set a code of ethics.
A Code of ethics is the principle that the company and its employees follow for unbiased and transparent functioning of the company. A Code of ethics is followed to achieve ethical standards.
A Code of ethics gives clarity to what will be considered right and professional in the situations. These principles adhere to the legal laws of the country to maintain legal professionalism in the company.
The management, employers, and employees follow these codes of ethics to achieve the target of the company pragmatically. The Code of ethics might differ from company to company regarding their approach to production. Some companies might have no animal testing policies while some may have no water pollution policies.
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Write down two or three ways you compare yourself to others.
A submarine sends a sonar signal, which returns from another ship 2.250 s later. a. How far away is the other ship if the speed of sound in seawater is 1,530.0 m/s
To calculate the distance, we can use the formula: distance = speed x time.
Given that the time taken for the sonar signal to return is 2.250 seconds and the speed of sound in seawater is 1,530.0 m/s, we can plug in these values into the formula to find the distance.
We can enter these numbers into the formula to get the distance since the time it takes for the sonar signal to return is 2.250 seconds, and the speed of sound in water is 1,530.0 m/s.
Distance = 1,530.0 m/s x 2.250 s
Calculating this, we get:
Distance = 3,442.5 meters
Therefore, the other ship is approximately 3,442.5 meters away from the submarine.
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what is an accurate description of microprocessors? multiple choice question. the cost to produce them continues to increase even though their power diminishes. they have become an outdated form of technology. they provide a low-cost way to process large amounts of information. they are a highly expensive technology
An accurate description of microprocessors is that they provide a low-cost way to process large amounts of information.
Microprocessors, also known as central processing unit, is a processor that performs data processing functions. The data processing logic and control is encompassed in a single integrated circuit, or a small number of integrated circuits. The microprocessor involves the arithmetic, logic, and control circuitry needed to execute the functions of a computer's central processing unit. It is a cost-effective means to process large amounts of information. A microprocessor comprises of an ALU, control unit and register array. The ALU performs arithmetic and logical operations on the data which is received from an input device or memory. Control unit regulates the instructions and date flow within the computer. Register array comprises of registers identified by letters like B, C, D, E, H, L, and accumulator. (See the figure).
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Green Ltd. had an asset. The asset was purchased before 3 years for $10,000 The Company applied depreciation, so the accumulated depreciation on December 31, 2020, was $3,000. Other information (on December 31, 2020): The fair value less cost of disposal was $4,500 The value-in-use was $5,600 Required: Answer the questions below. 1. 1. What would be the carrying amount of the asset on December 31, 2020: What would be the recoverable amount of the asset on December 31, 2020: 2. 11. Show the double journal entry regarding the impairment. Use the table below for double journal entries. The number of rows in the table does not necessarily match the number of rows to be used. Meaning: there could be additional lines.
Carrying amount of the asset on December 31, 2020: $7,000. Recoverable amount of the asset on December 31, 2020: $4,500.
Green Ltd. had an asset that was purchased for $10,000 three years ago and had accumulated depreciation of $3,000 as of December 31, 2020. On that date, the fair value less cost of disposal of the asset was $4,500, and its value-in-use was $5,600. The carrying amount of the asset as of December 31, 2020, would be $7,000, and the recoverable amount of the asset would be $5,600. The double journal entry for the impairment of the asset would involve a debit to the impairment loss account for $1,400 and a credit to the accumulated depreciation account for $3,000 and a credit to the asset account for $4,400.
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according to the u.s. government, the 2012 median family income was
According to the U.S. government, the median family income in 2012 was approximately $51,017.
Median family income refers to the income level at which half of the families in the United States earn more and half earn less. It is a commonly used measure to understand the overall income distribution and economic well-being of families in the country.
The median family income can provide insights into the economic conditions and trends within a given year. It helps gauge the average income of American families and serves as a benchmark for comparisons and analyses.
Changes in median family income over time can indicate shifts in household earnings, income inequality, and economic growth.
It is important to note that median family income can vary based on factors such as geographic location, family size, and composition. Different regions and demographic groups may have distinct income levels and disparities.
Therefore, the median family income reported by the U.S. government for a particular year serves as an average estimate and may differ across specific contexts.
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When a nation imports a good, its ________ surplus decreases and its ________ surplus increases.
A. producer, producer
B. producer, total
C. consumer, consumer
D. consumer, producer
When a nation imports a good, its producer surplus decreases and its total surplus increases. Option (b) is correct.
What do you mean by Consumer?Consumers are those who buy products for their own needs and use or consume them. Although a customer cannot resell the good, product, or service, he or she may use it to support himself or herself and engage in self-employment.
A tariff on imports reduces consumer surplus in the import market while increasing it in the market of the exporting nation. A higher producer surplus in the import market and a lower one in the export country market result from an import tariff.
Therefore, Option (b) is correct. When a nation imports a good, its producer surplus decreases and its total surplus increases.
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Place the steps to creating a budget in order:
Figure out your net income.
Make a list of fixed expenses
Make a list of variable expenses.
Adjust expenses as needed
Determine if you have enough income to cover all your expenses.
Answer:
1. Figure out your net income
2. Determine if you have enough income to cover all your expenses
3. make list of variable expense
4. make list of fixed expenses
5. adjust expense
done !
We can hire the best economist in the country, give them enough resources to find the best point of production on a PPC. True False
False. Hiring the best economist and providing resources can help in analyzing production possibilities, but determining the best point on a production possibilities curve (PPC) involves trade-offs and subjective factors that go beyond expertise and resources.
While hiring the best economist in the country and allocating resources can contribute to analyzing production possibilities, identifying the "best" point on a production possibilities curve (PPC) is not solely dependent on their expertise and resources.
PPC illustrates the maximum combinations of two goods that can be produced with limited resources and technology . Determining the optimal point on the PPC involves considering various factors such as consumer preferences, market demand, opportunity costs, efficiency, and external factors like government policies and technological advancements.
Even with the best economist and abundant resources, determining the "best" point on the PPC requires subjective judgments and trade-offs. It may involve considering factors like maximizing output, minimizing costs, achieving sustainability, or meeting specific goals and objectives. Different stakeholders may have different perspectives on what constitutes the "best" point on the PPC, based on their priorities and objectives.
, while economists and resources can contribute to analyzing production possibilities, the determination of the best point on a PPC involves subjective factors and trade-offs that go beyond expertise and resources alone.
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which of these transactions types increase how much you owe the credit card company
Answer:
hope it is helpful to you
☆☆☆☆☆☆☆☆☆☆☆
Bug-Off Exterminators provides pest control services and sells extermination products manufactured by other companies. Following is the company's unadjusted trial balance as of December 31, 2021.
December 31, 2021
Unadjusted Trial Balance
Debit Credit
Cash $ 19,200
Accounts receivable 20,570
Allowance for doubtful accounts $ 850
Merchandise inventory 15,000
Trucks 43,000
Accumulated depreciation—Trucks 0
Equipment 51,600
Accumulated depreciation—Equipment 14,070
Accounts payable 5,550
Estimated warranty liability 1,950
Unearned services revenue 0
Interest payable 0
Long-term notes payable 26,000
Common stock 21,000
Retained earnings 63,600
Dividends 21,000
Extermination services revenue 82,000
Interest revenue 894
Sales (of merchandise) 93,826
Cost of goods sold 49,600
Depreciation expense—Trucks 0
Depreciation expense—Equipment 0
Wages expense 46,000
Interest expense 0
Rent expense 20,000
Bad debts expense 0
Miscellaneous expense 1,270
Repairs expense 13,500
Utilities expense 9,000
Warranty expense 0
Totals $ 309,740 $ 309,740
The following information in a through h applies to the company at the end of the current year.
The bank reconciliation as of December 31, 2021, includes the following facts.
Cash balance per bank $ 16,200
Cash balance per books 19,200
Outstanding checks 2,350
Deposit in transit 3,000
Interest earned (on bank account) 74
Bank service charges (miscellaneous expense) 26
Reported on the bank statement is a canceled check that the company failed to record. (Information from the bank reconciliation allows you to determine the amount of this check, which is a payment on an account payable.)
An examination of customers’ accounts shows that accounts totaling $690 should be written off as uncollectible. Using an aging of receivables, the company determines that the ending balance of the Allowance for Doubtful Accounts should be $755.
A truck is purchased and placed in service on January 1, 2021. Its cost is being depreciated with the straight-line method using the following facts and estimates.
Original cost $ 43,000
Expected salvage value $ 12,400
Useful life (years) 4
Two items of equipment (a sprayer and an injector) were purchased and put into service in early January 2019. They are being depreciated with the straight-line method using these facts and estimates.
Sprayer Injector
Original cost $ 29,200 $ 22,400
Expected salvage value $ 3,000 $ 3,600
Useful life (years) 8 5
On September 1, 2021, the company is paid $15,900 cash in advance to provide monthly service for an apartment complex for one year. The company began providing the services in September. When the cash was received, the full amount was credited to the Extermination Services Revenue account.
The company offers a warranty for the services it sells. The expected cost of providing warranty service is 2.50% of the extermination services revenue of $71,400 for 2021. No warranty expense has been recorded for 2021. All costs of servicing warranties in 2021 were properly debited to the Estimated Warranty Liability account.
The $26,000 long-term note is an 8%, five-year, interest-bearing note with interest payable annually on December 31. The note was signed with First National Bank on December 31, 2021.
The ending inventory of merchandise is counted and determined to have a cost of $13,900. Bug-Off uses a perpetual inventory system.
Required:
1. Determine amounts for the following items:
Correct (reconciled) ending balance of Cash; and the amount of the omitted check.
Adjustment needed to obtain the correct ending balance of the Allowance for Doubtful Accounts.
Depreciation expense for the truck used during year 2021.
Depreciation expense for the two items of equipment used during year 2021.
The adjusted 2021 ending balances of the Extermination Services Revenue and Unearned Services Revenue accounts.
The adjusted 2021 ending balances of the Warranty Expense and the Estimated Warranty Liability accounts.
The adjusted 2021 ending balances of the Interest Expense and the Interest Payable accounts.
2. Use the results of part 1 to complete the six-column table by first entering the appropriate adjustments for items a through g and then completing the adjusted trial balance columns. Hint: Item b requires two adjustments.
3. Prepare journal entries to record the adjustments entered on the six-column table. Assume Bug-Off’s adjusted balance for Merchandise Inventory matches the year-end physical count.
4a. Prepare a single-step income statement for 2021.
4b. Prepare the statement of retained earnings (cash dividends during 2021 were $21,000), for 2021.
4c. Prepare a classified balance sheet for December 31, 2021.
Correct (reconciled) ending balance of Cash: $17,300
Amount of the omitted check: $690
Adjustment needed to obtain the correct ending balance of the Allowance for Doubtful Accounts: $755 - $850 = -$95
Depreciation expense for the truck used during year 2021: $43,000 - $12,400 / 4 = $9,600
Depreciation expense for the two items of equipment used during year 2021: ($29,200 - $3,000) / 8 + ($22,400 - $3,600) / 5 = $3,650 + $3,600 = $7,250
The adjusted 2021 ending balances of the Extermination Services Revenue and Unearned Services Revenue accounts: $82,000 - $15,900 = $66,100 and $15,900
The adjusted 2021 ending balances of the Warranty Expense and the Estimated Warranty Liability accounts: $71,400 * 2.5% = $1,785 and $1,950 - $1,785 = $165
The adjusted 2021 ending balances of the Interest Expense and the Interest Payable accounts: $26,000 * 8% / 12 = $320 and $320
Adjusted Trial Balance
Debit Credit
Cash $ 17,300
Accounts receivable 20,570
Allowance for doubtful accounts $ -95
Merchandise inventory 13,900
Trucks 43,000
Accumulated depreciation—Trucks $ 9,600
Equipment 51,600
Accumulated depreciation—Equipment 21,320
Accounts payable 5,550
Estimated warranty liability 165
Unearned services revenue 15,900
Interest payable 320
Long-term notes payable 26,000
Common stock 21,000
Retained earnings 77,435
Dividends 21,000
Extermination services revenue 66,100
Interest revenue 894
Sales (of merchandise) 93,826
Cost of goods sold 49,600
Depreciation expense—Trucks $ 9,600
Depreciation expense—Equipment 7,250
Wages expense 46,000
Interest expense 320
Rent expense 20,000
Bad debts expense 690
Miscellaneous expense 1,296
Repairs expense 13,500
Utilities expense 9,000
Warranty expense 1,785
Totals $ 345,636 $ 345,636
pls show work
Question 10 Two firms are bidding on a contract for future production (they are competing on price). One has cost function C(q) = 25qA - 10. The other has C(q) = 25qB. What type of competition is this
This is a type of perfect competition known as Bertrand competition.
In Bertrand competition, firms compete by setting prices rather than quantities. In this case, the two firms are bidding on a contract for future production and competing on price. Each firm has a different cost function, with Firm A having a cost function of C(q) = 25qA - 10 and Firm B having a cost function of C(q) = 25qB.
In Bertrand competition, firms assume that they can sell any quantity they produce at the market price set by their competitors. Since the firms are competing on price, they will try to set the lowest price to win the contract. In this scenario, both firms will have an incentive to set the price equal to their marginal cost to undercut their competitor.
Therefore, in Bertrand competition, firms will end up setting prices equal to their marginal costs until the price reaches the minimum of the two firms' marginal costs. This type of competition leads to a zero-profit equilibrium where the market price is equal to the marginal cost of the most efficient firm, ensuring that customers receive the lowest possible price.
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Which pathway would you find in the Agriculture, Food, and Natural
Resources Career Cluster?
O A. Quality Assurance
O B. Biotechnology Research and Development
O C. Natural Resource Systems
O D. Consumer Services
Answer:
O B. Biotechnology Research and Development
Explanation:
The agriculture, food and natural resources cluster comprise all careers related to the production of agricultural products. It includes farmers, scientists, veterinarians, bio technologists, extension officers, and many others. The cluster has skilled professionals who research and develop modern methods of improving agricultural productivity. Biotechnology Research and Development will fit into this role.
Answer: natural resource systems
Explanation:
Amy and Jack were loyal customers of GreenFoods, a local grocery store. However, after a couple of incidents where they had to return products that were stale and out of date, the couple decided to try out VeggiesNmore, a chain store that recently opened in town. Both Amy and Jack must move through each stage in the marketing funnel before becoming loyal customers.
Jack has shopped at VeggiesNmore. He was happy with the experience and thought that this could be an alternative to GreenFoods. However, he is also keen to try out other stores in the neighborhood. He is in the ________ stage of the marketing funnel as far as shopping at VeggiesNmore is concerned.
a. aware
b. open to trial
c. most often used
d. nonrejecter
e. regular user
Answer: B) Open to Trial
Explanation:
what is the required return for a stock with a beta of 1.1? the market returns 12% and the risk-free rate is 4%. a. 12.80% b. 8.8% c. 17.2% d. 12.00%
The required return for the stock with a beta of 1.1 is 12.8%. So, the correct option is (a) 12.80%.
The required return for a stock can be calculated using the Capital Asset Pricing Model (CAPM), which is given by the formula:
Required Return = Risk-Free Rate + Beta * (Market Return - Risk-Free Rate)
Given the information provided:
Beta = 1.1
Market Return = 12%
Risk-Free Rate = 4%
Plugging in these values into the formula:
Required Return = 4% + 1.1 * (12% - 4%)
Required Return = 4% + 1.1 * 8%
Required Return = 4% + 8.8%
Required Return = 12.8%
Therefore, the required return for the stock with a beta of 1.1 is 12.8%. So, the correct option is (a) 12.80%.
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How do I record on windows computer
Explanation:
Navigate to the screen you wish to record and press Win+G to open Game Bar. Several Game Bar widgets appear on the screen with controls for capturing screenshots, recording video and audio, and broadcasting your screen activity. Click the Start Recording button to capture your screen activity.
Answer:
you'd need to download software for recording. as far as i know windows doesnt have built in recording capabilities. are you looking at screen recording or just sound?
Explanation:
For what reasons would people pay close attention to what James said in a letter?.
Answer:
is this a Bible question?
What store do you think has this?
Winner receives: 20 points
1-Elmer invested, P250,000- cash in his new business.
analysis
debit is -
credit is -
Answer:
debit is P250,000
credit is 0
Explanation:
hope it helps:)
each listed stock option contract gives the holder the right to buy or sell shares of stock. each listed stock option contract gives the holder the right to buy or sell shares of stock. 10 100 1000 1
The correct statement is:
Each listed stock option contract gives the holder the right to buy or sell 100 shares of stock.
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