Which of the following is NOT a temporary account? a Unearned Revenue. b. Salary Expense C interest Revenue d. Consulting Expense.

a. Adjusted Gross Income (AGI)The adjusted gross income (AGI) is calculated by deducting adjustment from gross income. AGI is computed on the very first page of the 1040 tax return. If you are taking the standard deduction, enter that number on line 8. If you itemize your deductions, enter the total amount on line 9. If you and your spouse are filing separately, both you and your spouse must use the same method of deduction. The formula is given by;

Adjusted Gross Income (AGI) = Gross income – Adjustments The adjustments to the gross income given is $6,900.AGI = $125,000 - $6,900AGI = $118,100Therefore, the adjusted gross income is $118,100.b. They should itemize When the total itemized deductions exceed the standard deduction amount, the taxpayer should itemize the deductions. The itemized deduction given in the problem is $10,400.Therefore, they should itemize. c.

Taxable Income Taxable income is the amount of your income that is taxed after deductions are made. The formula for calculating taxable income is given by; Taxable income = Adjusted gross income (AGI) – Deduction The standard deduction for a married filing jointly is $24,000.Therefore, the taxable income is;  Taxable income = AGI - Standard deduction Taxable income = $118,100 - $24,000Taxable income = $94,100d.

To know more about deduction visit:

https://brainly.com/question/29756791

#SPJ11

The commenting are type of function does a project management tool have that a task management tool does not. Thus, option (c) is correct.

What is management?

The term “management” refers to the act of managing. The management of the business activities. Management is the basis of art, science, and the profession.

The management are the division of the different departments are the created such as project management and the task management. The file sharing, progress tracking, and budgeting. But, the commenting is not the function of the task management tool.

As a result, the commenting is not the function does a project management tool have that a task management tool does not. Therefore, option (c) is correct.

Learn more about on management, here:

https://brainly.com/question/14523862

#SPJ1

Income Statements, Balance Sheet, Statements of Owner's Equity, and Cash Flow Statements are the financial statements that serve entrepreneurs the most.

Income statement: An income statement is a financial statement that details a company's revenues and outlays for a given time period. An entrepreneur is aware of the gross profit, operating net income, and tax costs. An entrepreneur can also get an estimate of the earnings per share if it's a corporation.

Financial statement that displays the input and outflow of cash is known as a cash flow statement.

The balance sheet is a financial statement that lists all of an organization's assets, liabilities, and owner capital. Current assets, non-current assets, current liabilities, long-term obligations, and owner's equity are all listed on the balance sheet. While the balance sheet is generated for a certain date, the income statement is prepared for an accounting period.

The disclosure of owners' equity is required regardless of whether the company is publicly or privately held. It displays the starting balance, retained earnings, and dividends that the business has paid out.

To know more about Balance Sheet, click the below link

https://brainly.com/question/26323001

#SPJ4

a) The receivables turnover ratio is 110.5 for walco, 9.1 for Tarmart and 212.2 for costget. The average collection period is 3.31 months for walco, 40.11 days for Tarmart and 1.72 months for costget.

b) Costget appears to be the most efficient in collecting cash from sales

a) The receivables turnover ratio measures how quickly a company collects its accounts receivable during a period. It is calculated by dividing net sales by the average accounts receivable balance.

The average collection period is the number of days it takes for a company to collect its accounts receivable on average. It is calculated by dividing the number of days in the period by the receivables turnover ratio.

Calculating the receivables turnover ratio and the average collection period for each company, we get:

Walco: Receivables Turnover Ratio = $308,427 / (($1,675 + $2,622) / 2) = 110.5

Average Collection Period = 365 / 110.5 = 3.31 months

Tarmart: Receivables Turnover Ratio = $53,878 / (($5,466 + $5,994) / 2) = 9.1

Average Collection Period = 365 / 9.1 = 40.11 days

Costget: Receivables Turnover Ratio = $54,963 / (($489 + $525) / 2) = 212.2

Average Collection Period = 365 / 212.2 = 1.72 months

b) Among the three companies, Costget appears to be the most efficient in collecting cash from sales since it has the highest receivables turnover ratio of 212.2 and the shortest average collection period of 1.72 months.

This indicates that Costget is able to collect its accounts receivable quickly, which is a positive indicator of the company's financial health and liquidity. In contrast, Tarmart has the lowest receivables turnover ratio and the longest average collection period, suggesting that it may have difficulty collecting its accounts receivable in a timely manner.

To learn more about accounts click on,

https://brainly.com/question/17079439

#SPJ4

Discipline is the practice of training people to behave in a particular way. It is the process of making people comply with rules and regulations and ensuring that they abide by certain moral codes. As a leader, I have discovered that discipline has played a critical role in my life. It has had a positive impact, ensuring that I can perform my duties to the best of my abilities and that I am focused on the task at hand.The role that discipline has played in my life as a leader has been entirely positive. It has helped me to remain focused on the job and kept me on the path of achieving my goals. It has taught me the importance of perseverance and hard work in achieving success. It has also instilled in me the value of planning, prioritization, and time management. This has allowed me to be more productive, and I am able to achieve more in less time.Overall, I would say that discipline has been a positive force in my life as a leader. It has allowed me to develop the right habits and values that have contributed to my success. It has helped me to remain motivated, focused, and committed to achieving my goals. It has taught me the importance of self-control and has allowed me to become a more effective leader.

Criticism is the practice of judging the merits and faults of something. Criticism as an evaluative or corrective exercise can occur in any area of human life.

You are a film director and your latest film has just been released. You're excited to see what people think of your work, but when you read the reviews, you are met with a lot of criticism. Some reviewers claim the acting was lackluster, others say the plot was confusing, and a few even say that the special effects were underwhelming.

At first, you feel disheartened and defensive. But after some reflection, you realize that criticism can be a valuable tool for growth and improvement. You start to take the criticism seriously and use it to inform your future work. You work on improving your acting direction, make sure that your plots are clearer, and pay more attention to the special effects.

A year later, you release a new film and it is met with widespread praise. Critics call it a major improvement over your previous work and praise the acting, plot, and special effects. You realize that criticism is an important part of the creative process and can help you become a better filmmaker.

To know ore about Criticism, visit:

brainly.com/question/8936925

#SPJ1

An investor, age 52, with funds in a 401(k) plan, is leaving her employer and wants to transfer the funds to an IRA account at your firm. There will be no penalty is true. Thus, option (c) is correct.

It is crucial to keep in mind that if the transfer is executed improperly, it can be viewed as a distribution and subject to taxation and perhaps an early withdrawal penalty.

Additionally, there may be a 10% federal penalty tax (with some circumstances) on withdrawals of contributions and gains made before age 59 1/2 if the money is converted to a regular IRA.

Unless certain conditions are met, the investor who needed access to the funds after they have been rolled over to an IRA risked incurring the 10% penalty.

Therefore, option (c) is correct.

Learn more about on investor, here:

https://brainly.com/question/31888450

#SPJ4

Your question is incomplete, but most probably the full question was.

An investor, age 52, with funds in a 401(k) plan, is leaving her employer and wants to transfer the funds to an IRA account at your firm. which of the following statements is true?

Answer: Gertrude has a Reverse Annuity Mortgage, which is a loan that must be repaid upon the owner’s death, if she moves elsewhere, or upon the sale of the property.

Explanation:

A reverse annuity mortgage is referred to as a loan secured against the value of the home of a person which allows the owner cash in on some of the equity of the home without the person selling the house. This is what Simi's aunt is enjoying.

Therefore, the correct option is D "Gertrude has a Reverse Annuity Mortgage, which is a loan that must be repaid upon the owner’s death, if she moves elsewhere, or upon the sale of the property".

Answer:

Marketing is the set of activities and strategies by means of which a company seeks to maximize its sales and, therefore, its economic returns. Thus, marketing involves all types of business action aimed at advertising the products offered, attracting potential customers, meeting the needs and creating other needs for the market, and, ultimately, all types of activity that positions the company in the market.

Putting a strategy into action is what is meant by implementation. Beginning with a specific issue they want to address or a strategy they want to implement, managers create a plan to address it.

The act of carrying out a plan, a method, or any other design, idea, model, specification, standard, or policy is known as implementation. As a result, for something to actually occur, action must come after any previous thinking.

Functions in C have to be defined before they may be utilized. They can either be stated in a header file or at the start of the C code and then implemented afterwards, or they can be implemented in the order they are used (less preferable).

To Know more about  implementation.

https://brainly.com/question/13312818

#SPJ10

When a new partner is admitted to a partnership, the existing partners' capital accounts must be adjusted to reflect the new partner's contribution.

Assuming that A and B share profits and losses equally, the initial journal entry for the admission of C would be:

Debit: Cash $60,000

Credit: A, Capital $20,000

Credit: B, Capital $20,000

Credit: C, Capital $20,000

This entry reflects C's contribution to the partnership and the corresponding increase in the total capital of the partnership

Learn more about partnership here:

https://brainly.com/question/19988417

#SPJ11

Answer:

d. managing or manipulating the money supply in the economy

Explanation:

i feel like it's D

Answer:

d. managing or manipulating the money supply in the economy

Answer:

the purpose and character of the use i think

Explanation:

As a licensee, you should inform the client about the concept of fixtures and discuss how they are typically handled in real estate transactions.

Here are some actions you can take or information you can provide to address the client's concern: Explain the concept of fixtures: Inform the client that fixtures are generally considered items that are permanently attached to the property and are therefore assumed to transfer with the sale unless specifically excluded.

Review the listing agreement: Check the listing agreement to see if any specific items are mentioned as exclusions. If the flagpole is explicitly listed as an exclusion, it means that it will not transfer with the sale unless negotiated separately.

Assess the nature of the flagpole: Determine whether the flagpole is permanently affixed to the property or if it can be easily removed without causing damage. If it is permanently attached, it is more likely to be considered a fixture.

Advise the client to clarify their intentions: Ask the client if they want to include the flagpole in the sale or if they prefer to keep it. If they want it to transfer, make sure they communicate this clearly in the listing agreement and any negotiations.

Suggest documenting agreements in writing: To ensure clarity and avoid any misunderstandings, advise the client to include specific details about the flagpole in the purchase agreement. This can include describing the flagpole and explicitly stating that it is included in the sale.

Recommend seeking legal advice: It's important to let the client know that real estate laws can vary depending on the jurisdiction and that it may be beneficial to consult with a real estate attorney to fully understand their rights and obligations regarding the flagpole.

Learn more about the client  here:

https://brainly.com/question/31862434

#SPJ11

The woman should invest $68,700 at an annual rate of 18% and $77,500 at a rate of 10%.

Let's say the amount invested in the safe investment is x.
The amount invested in the more risky investment is (146200 − x).
As per the question, the safe investment pays 10% per year and a more risky investment pays 18% per year.
The income of the woman who has $146,200 to invest would like to have an income of $20,140 per year from her investments.
Therefore,(10/100)x + (18/100)(146200 − x)
= 20140(10/100)x + 26256 − (18/100)x
= 2014010x − 18x + 2625600

= 2014000
(by multiplying the whole equation by 100) −8x = −6200x = 775
($ 77,500 has to be invested in the safe investment and $ 68,700 has to be invested in the more risky investment.)
Thus, the woman should invest $77,500 at 10% per year and $68,700 at 18% per year.

To learn more about invest
https://brainly.com/question/29547577
#SPJ11

The woman should invest $77,950 at 10% and $68,250 at 18% to achieve an annual income of $20,140. To determine how much the woman should invest at each rate, we can set up a system of equations based on the given information.

Let x represent the amount invested at 10% and y represent the amount invested at 18%. We can then write two equations:

Equation 1: x + y = 146,200 (the total amount invested is $146,200)

Equation 2: 0.10x + 0.18y = 20,140 (the total income from investments is $20,140)

To solve this system of equations, we can use substitution or elimination. Let's use substitution.

Solve Equation 1 for x:

x = 146,200 - y

Substitute this expression for x in Equation 2:

0.10(146,200 - y) + 0.18y = 20,140

Simplify the equation:

14,620 - 0.10y + 0.18y = 20,140

14,620 + 0.08y = 20,140

Subtract 14,620 from both sides:

0.08y = 5,520

Divide both sides by 0.08:

y = 68,250

Substitute this value for y back into Equation 1 to solve for x:

x + 68,250 = 146,200

x = 77,950

Learn more about elimination from the given link:

https://brainly.com/question/32403760

#SPJ11

Unemployment is inversely related to the multiplier, meaning that an increase in unemployment will result in a decrease in the multiplier. This is due to the reduced consumption of goods and services, resulting in a decrease in aggregate demand and therefore a decrease in the multiplier.

How is the economic impact of unemployment measured?

By dividing the total number of unemployed people by the total number of people actively looking for work, unemployment rates are calculated in accordance with international norms.

What elements support it?

Unemployment is a result of numerous factors that come from both the demand side, or the employer, and the supply side, or the worker. Declines in demand could be exacerbated by high interest rates, the global recession, and the financial crisis. Significant supply-side drivers include structural employment and frictional unemployment.

For such more question on Unemployment:

brainly.com/question/14227610

#SPJ11

Answer:

Subject: Request List: Approved Reference Books for Space Exploration Article

Dear Mr. Jackson,

I am writing to request you to email me the list of approved reference books for the space exploration article. We had discussed some tentative suggestions in our previous meeting. We are a bit behind schedule with writing the article. The reference book list will be a great help to us. Thank you for your time in considering this request.

Sincerely Yours,

Janice Collins

Head Writer

Star Communications

2563 Maple Road

Sunny City, CA 4523

Tel: (123) 456-7890

THIS IS THE EXAMPLE ANSWER!

The direct quote for the Chinese yuan from the US perspective is approximately 0.1393.

To calculate the direct quote for the Chinese yuan from the US perspective, we need to take the reciprocal of the indirect quote.

Given:

Indirect quote for the Chinese yuan (CNY) from the US perspective = 7.1638 CNY

Direct quote = 1 / Indirect quote

Direct quote for the Chinese yuan from the US perspective = 1 / 7.1638

Direct quote for the Chinese yuan from the US perspective ≈ 0.1393

Learn more about direct quote  here:

https://brainly.com/question/32651345

#SPJ11

Answer:

Primary-export-led development

Explanation:

Primary-export-led development policies refer to government programs designed to exploit natural comparative advantage by increasing production of a few export goods most closely related to a country's resource base.

Four important elements can contribute to profitability. Costs are coming down, turnover is going up, production is going up, and efficiency is going up.

1. Limit additional payroll costs- Increase

2. Find the best advertising prices- Increase

3. Modify the offering you make- decrease

4. Make good use of resources- Increase

5. Outperform the opposition- Increase

6. Find the most affordable supplier prices- Increase

7. Discontinue a few free services - No effects

8. Boost personnel effectiveness- Increase

Profit is the term used to describe the financial gain experienced when the revenue from a commercial activity exceeds the costs, costs, and taxes associated with maintaining that activity.

In accounting, a profit is an income that is given to the owner throughout a successful market producing process. Profitability, which is the owner's primary interest in the income-formation process of market production, is measured by profit. There are various profit metrics that are frequently used.

Profitability may be boosted in four important areas. Costs are being cut, turnover is rising, productivity is up, and efficiency is up. You can also diversify into new market segments or create brand-new goods or services.

Learn more about Profits: https://brainly.com/question/9281343

#SPJ13

Answer:

a. increase in supply.

Explanation:

Production, supply, the pattern of consumption, and market price all interrelate with each other. One major challenge associated with forecasting prices using the relationship between demand and pattern of supply is the complexity of quantifying demand. Supply can be accurately calculated to some degree, based on production or stock figure.  There may be several exceptional cases, however, in most cases, the supply can be assessed when compared with the quantity demanded.

Answer:

liver cells

Explanation:

it eats at your inner parts of the body in prolonged use

The Black-Scholes price for the European Call option is $3.0187.

Given:Stock price = $10

Strike price = $10

Risk-free interest rate = 5% per annum

Volatility = 20% per annum

Time to maturity = 1 year

Black-Scholes formula for European Put Option:

$$P=S_0N(-d_1)-Ke^{-rt}N(-d_2)

whereS0= Stock price

= $10K

= Strike price

= $10r

= Risk-free interest rate

= 5% per annum

T= Time to maturity

= 1 yeartime in years

= 1

Volatility= 20% per annum

= 0.2

Using the formula for d1 and d2:

d1 = (ln(S/K) + (r + σ²/2)T) / (σ√T)

d1 = (ln(10/10) + (0.05 + 0.2²/2)×1) / (0.2×√1)

d1 = 0d2 =

d1 - σ√T

d2 = 0 - 0.2×√1

d2 = -0.2

Now, calculate the Put price:

P=S_0N(-d_1)-Ke^{-rt}N(-d_2)

P=10N(-0)-10e^{-0.05×1}N(-0.2)

P=10(1)-10e^{-0.05}(0.4207)

P=10-10(0.3981)

P=$3.0187(round to four decimal places)

Therefore, the Black-Scholes price for the European Put option is $3.0187.

Black-Scholes formula for European Call Option:

C=S_0N(d_1)-Ke^{-rt}N(d_2)

where

S0= Stock price = $10

K= Strike price = $10

r= Risk-free interest rate = 5% per annum

T= Time to maturity = 1 yeartime in years= 1

Volatility= 20% per annum= 0.2

Using the formula for d1 and d2:

d1 = (ln(S/K) + (r + σ²/2)T) / (σ√T)

d1 = (ln(10/10) + (0.05 + 0.2²/2)×1) / (0.2×√1)

d1 = 0d2 = d1 - σ√T

d2 = 0 - 0.2×√1

d2 = -0.2

Now, calculate the Call price:

C=S_0N(d_1)-Ke^{-rt}N(d_2)

C=10N(0)-10e^{-0.05×1}N(-0.2)

C=10(0)-10e^{-0.05}(0.4207)

C=0-10(0.3981)

C=$3.0187(round to four decimal places)

Therefore, the Black-Scholes price for the European Call option is $3.0187.

Know more about Call option here:

https://brainly.com/question/28501870

#SPJ11

Answer:

yes :)

Explanation:

wisdom comes from experience intelligence doesn't

Answer:

yes of course .................

Answer:

i am late but this true

Explanation:

I did the test on this and got it right :)

e, Tauck's asset beta is 1.1, and its asset cost of capital is 9.6%. f, After recapitalization, the asset beta becomes 1.0, and the asset cost of capital remains at 9%. g, The equity beta after recapitalization is 0.4, and the cost of equity is 5.4%. h, The net present value of the recapitalization is $0.

E, To calculate Tauck's asset beta, we need to use the formula

Asset Beta = (Equity Beta * (Equity Market Value / Total Asset Value)) + (Debt Beta * (Debt Market Value / Total Asset Value))

First, let's calculate the market values of equity and debt:

Market Value of Equity = Stock Price * Number of Shares Outstanding

Market Value of Equity = $2 * 300 million = $600 million

Market Value of Debt = Book Value of Debt = $400 million

Next, we can calculate the total asset value

Total Asset Value = Market Value of Equity + Market Value of Debt

Total Asset Value = $600 million + $400 million = $1 billion

Now, let's calculate the asset beta:

Asset Beta = (1.5 * (600 million / 1 billion)) + (0.5 * (400 million / 1 billion))

Asset Beta = 0.9 + 0.2

Asset Beta = 1.1

To calculate Tauck's asset cost of capital, we can use the Capital Asset Pricing Model (CAPM)

Asset Cost of Capital = Risk-Free Rate + Asset Beta * (Market Return - Risk-Free Rate)

Risk-Free Rate = 3%

Market Return = 9%

Asset Cost of Capital = 0.03 + 1.1 * (0.09 - 0.03)

Asset Cost of Capital = 0.03 + 1.1 * 0.06

Asset Cost of Capital = 0.03 + 0.066

Asset Cost of Capital = 0.096 or 9.6%

F, If Tauck issues an additional $100 million in debt and uses the proceeds to buy back its equity, the new market value of debt would be:

New Market Value of Debt = Market Value of Debt + New Debt Issued

New Market Value of Debt = $400 million + $100 million = $500 million

The new market value of equity would be

New Market Value of Equity = Market Value of Equity - Amount Used for Equity Repurchase

New Market Value of Equity = $600 million - $100 million = $500 million

The total asset value remains the same

Total Asset Value = Market Value of Equity + Market Value of Debt

Total Asset Value = $500 million + $500 million = $1 billion

Now, let's calculate the asset beta after recapitalization

Asset Beta after Recapitalization = (Equity Beta * (New Market Value of Equity / Total Asset Value)) + (Debt Beta * (New Market Value of Debt / Total Asset Value))

Asset Beta after Recapitalization = (1.5 * (500 million / 1 billion)) + (0.5 * (500 million / 1 billion))

Asset Beta after Recapitalization = 0.75 + 0.25

Asset Beta after Recapitalization = 1.0

To calculate the asset cost of capital after recapitalization, we can use the same formula as before

Asset Cost of Capital after Recapitalization = Risk-Free Rate + Asset Beta after Recapitalization * (Market Return - Risk-Free Rate)

Asset Cost of Capital after Recapitalization = 0.03 + 1.0 * (0.09 - 0.03)

Asset Cost of Capital after Recapitalization = 0.03 + 1.0 * 0.06

Asset Cost of Capital after Recapitalization = 0.03 + 0.06

Asset Cost of Capital after Recapitalization = 0.09 or 9%

G, where the debt beta is now 0.6.

To calculate the equity beta after recapitalization, we can use the formula

Equity Beta after Recapitalization = Asset Beta after Recapitalization - (Debt Beta * (Debt Market Value / Equity Market Value))

Equity Beta after Recapitalization = 1.0 - (0.6 * (500 million / 500 million))

Equity Beta after Recapitalization = 1.0 - 0.6

Equity Beta after Recapitalization = 0.4

To calculate the cost of equity after recapitalization, we can use the CAPM

Cost of Equity after Recapitalization = Risk-Free Rate + Equity Beta after Recapitalization * (Market Return - Risk-Free Rate)

Cost of Equity after Recapitalization = 0.03 + 0.4 * (0.09 - 0.03)

Cost of Equity after Recapitalization = 0.03 + 0.4 * 0.06

Cost of Equity after Recapitalization = 0.03 + 0.024

Cost of Equity after Recapitalization = 0.054 or 5.4%

H, To calculate the NPV, we need to consider the cash flows associated with the recapitalization. In this case, the cash flows include the cash received from issuing $100 million in debt and the cash used to repurchase equity.

NPV = Present Value of Cash Inflows - Present Value of Cash Outflows

Present Value of Cash Inflows = Cash Received from Debt Issuance = $100 million

Present Value of Cash Outflows = Cash Used for Equity Repurchase = $100 million

Since the cash inflows and outflows are equal, the NPV of the recapitalization would be zero.

Therefore, the net present value (NPV) of the recapitalization is $0.

To know more about NPV:

https://brainly.com/question/28590944

#SPJ4

Answer:

c- simple interest

Explanation:

Simple interest is the interest attained on the principal amount only. It is expressed as a percentage of the principal amount. Because the principal amount does not change, and the interest rate remains constant, the simple interest amount is a constant figure throughout the investment life.

Simple interest contrast compound interest that earns interest on previously earned interest.

Will, they would see 1 Million advertisements in their lifetime.

Because consumers behave in a rationally self-interested manner, the consumer will purchase a good or service when the marginal benefit is greater than the marginal cost.

Marginal benefit is the benefit a consumer derives from increasing consumption of a good or service by one unit. Marginal cost is the change in total cost when consumption is increased by one unit.  

According to economic theory, a rational consumer would consume a good as long as marginal revenue is greater than marginal cost. Utility is maximised when marginal revenue is equal to marginal cost.

To learn more about marginal revenue, please check: https://brainly.com/question/7781429

The state of the United States' economy has an effect on local businesses that are started by entrepreneurs as it determines the amount of sales that the local business would make.

The state of the U.S. economy determines the income level of the average person in America. If the economy is doing well, then people generally have more income than if the economy is performing poorly.

When the economy is doing well and people have more income, they will be able to buy more goods and services from businesses including the local businesses established by entrepreneurs. If the reverse is the case, then local businesses would generally suffer when the economy is bad and people have less income.

There are also local businesses that see their income increase when the economy is doing poorly for instance, financial planners and health care.

In conclusion, local businesses started by entrepreneurs get affected by the state of the U.S. economy.

Find out more on the effect of the economy on business at https://brainly.com/question/13721949

#SPJ1