(bad/invalid)(collectible/debts) are accounts of customers who do not pay what they have promised to pay. it's considered an expense of selling on credit.

Percentage increase in real GDP between 1986 and 1989: 4.2% . To find the real GDP in 1989.

We need to use the GDP deflator formula:

Real GDP = Nominal GDP / GDP deflator x 100

Substituting the given values, we get:

Real GDP in 1989 = $10 trillion / 120 x 100 = $8.333 trillion

Rounding to three decimal places, we get:

Real GDP in 1989: $8.333 trillion

To find the percentage increase in real GDP between 1986 and 1989, we can use the formula:

Percentage increase = (New value - Old value) / Old value x 100

Substituting the given values, we get:

Percentage increase in real GDP = ($8.333 trillion - $8 trillion) / $8 trillion x 100

Simplifying, we get:

Percentage increase in real GDP between 1986 and 1989: 4.162%

Rounding to one decimal place, we get:

Percentage increase in real GDP between 1986 and 1989: 4.2%

Learn more about Percentage here:

https://brainly.com/question/29306119

#SPJ11

Based on the given information, the machine's cost is $215,400 with a four-year life and an estimated $19,000 salvage value. The factory manager estimated the machine would produce 491,000 units of product during its life. However, it actually produces a total of 501,000 units over the four years, which is 10,000 more than the original estimate.

To calculate the depreciation of the machine, we need to first determine the annual depreciation expense using the straight-line depreciation method. Straight-line depreciation is calculated by subtracting the salvage value from the cost of the asset and dividing that amount by the useful life of the asset. In this case, the annual depreciation expense is:

($215,400 - $19,000) / 4 years = $49,850 per year

Using this annual depreciation expense, we can calculate the accumulated depreciation for each year:

Year 1: $49,850
Year 2: $99,700
Year 3: $149,550
Year 4: $199,400

Now we can calculate the book value of the machine at the end of each year by subtracting the accumulated depreciation from the cost of the asset:

Year 1: $165,550
Year 2: $115,700
Year 3: $65,850
Year 4: $16,000 (not below the estimated salvage value)

Since the machine produced more units than originally estimated, it does not affect the depreciation calculation. The machine must not be depreciated below its estimated salvage value of $19,000. Therefore, at the end of year 4, the book value of the machine is $19,000, which is also the salvage value.

To know more about depreciation, visit:

https://brainly.com/question/30531944

#SPJ11

When using the indirect strategy to draft bad news messages, it is important to begin with a buffer, provide clear reasons, deliver the bad news directly, and close with a positive statement or action item.

When drafting bad news messages using the indirect strategy, it is important to follow a specific process. The process typically involves the following four steps:

Begin with a buffer: The message should begin with a neutral or positive statement that is not directly related to the bad news being conveyed. This can help to soften the blow and prepare the recipient for the negative information that is to follow.

Provide reasons: After the buffer, the message should provide clear and honest reasons for the bad news. This should be done in a way that is respectful and tactful, but also provides the recipient with a clear understanding of the situation.

Deliver the bad news: Once the reasons have been provided, the bad news should be delivered in a clear and concise manner. It is important to avoid any ambiguity or confusion, as this can lead to additional stress or anxiety for the recipient.

Close with a positive statement: The message should end with a positive statement or action item that can help to mitigate the negative impact of the bad news. This can include offering support or resources, expressing empathy, or providing an alternative solution.

In summary, when using the indirect strategy to draft bad news messages, it is important to begin with a buffer, provide clear reasons, deliver the bad news directly, and close with a positive statement or action item.

To know more about indirect strategy refer here:

https://brainly.com/question/29803285#

#SPJ11

Answer: False, a hybrid costing system would not be appropriate for a company that manufactures several varieties of jam. Hope this helps! :)

The statement given "A hybrid costing system would be appropriate for a company that manufactures several varieties of jam." is true because a hybrid costing system would be appropriate for a company that manufactures several varieties of jam.

A hybrid costing system combines elements of both job costing and process costing systems. This allows a company to use different costing methods for different types of products or production processes.

In the case of a company that manufactures several varieties of jam, a hybrid costing system would be appropriate because each variety of jam may require different production processes and have different costs associated with it. Job costing would be appropriate for the production of customized or specialized jams, while process costing would be more appropriate for the production of standard or mass-produced jams.

Using a hybrid costing system would allow the company to accurately allocate costs to each product or production process, and provide more accurate information for decision-making and pricing strategies. This would help the company to better understand its profitability for each variety of jam, and make more informed decisions about which products to continue producing and which to discontinue.

"

Complete question

A hybrid costing system would be appropriate for a company that manufactures several varieties of jam.

True

False

"

You can learn more about hybrid costing system at

https://brainly.com/question/31377586

#SPJ11

Hershel's situation involves a transaction between a manufacturer and an appliance store owner. In this case, the manufacturer can "stop delivery" when they discover that Hershel is insolvent. when a manufacturer discovers that a buyer, such as Hershel, is insolvent.

Stopping delivery is an action taken by the seller to prevent the goods from being delivered to the buyer when the seller becomes aware of the buyer's insolvency. This measure protects the seller from financial losses that may occur if the buyer cannot pay for the goods. In this situation, the manufacturer has the right to withhold the high-end cooktops from being delivered to Hershel's appliance store.

It is important for the manufacturer to take prompt action upon discovering Hershel's insolvency to mitigate potential losses. Stopping delivery allows the manufacturer to retain possession of the goods and potentially sell them to another buyer, thereby reducing their financial risk.

On the other hand, Hershel may need to address his insolvency issues to maintain good business relationships with manufacturers and ensure the supply of high-end cooktops for his appliance store.

Know more about insolvency here:

https://brainly.com/question/24324784

#SPJ11

Employees are likely to do what Rosa says because she has legitimate power as the CEO of Down Home Fashion.

Legitimate power is the power that comes from a person's position or role within an organization. As the CEO of Down Home Fashion, Rosa has the authority to make decisions and give orders that are expected to be followed by her subordinates. This power is seen as legitimate because it is based on her position and responsibilities within the organization. Therefore, employees are likely to comply with her requests or orders because they understand that it is part of their job duties to do so.

Legitimate power is derived from an individual's position or role within an organization. As the CEO, Rosa has the authority to make decisions and give directions to her employees, who are expected to comply because they recognize her position and its associated responsibilities.

Learn more about legitimate power: https://brainly.com/question/11655781

#SPJ11

The likely outcome for a firm that bases its marketing decisions on explicit consumer behavior theory, assumptions, and research is that it can create a competitive advantage for the firm.

By understanding consumer behavior and preferences through research and theory, a firm can create a marketing strategy that is tailored to its target market's needs, preferences, and behavior.

This understanding can help the firm to develop and market products that are more likely to be accepted and purchased by consumers, leading to increased sales and market share.

Additionally, this approach can help firms to identify and exploit opportunities that their competitors may not be aware of, which can further strengthen their competitive advantage.

Option B (it can lead to poor decisions based on narrow-minded thinking) and Option D (it does not provide a clear focus for the firm in its decision-making) is incorrect because basing marketing decisions on explicit consumer behavior theory and research provides a more focused and informed approach to decision making.

Option C (it can put the firm at a competitive disadvantage) is also incorrect because utilizing consumer behavior theory and research can provide a competitive advantage for the firm.

To know more about consumer behavior theory refer here:

https://brainly.com/question/30714493#

#SPJ11

As we operate in a highly competitive industry, the need for talented employees has never been more crucial.

In order to sustain our competitive advantage, it is imperative that we develop a talent management strategy that not only attracts but retains top talent. This report outlines the business case and rationale for talent management in the workplace, the individual and organizational benefits of talent management, an occupational definition for workplace talent, fit-for-purpose talent management approaches, talent management practices, and governing the talent management functions.

The Business Case and Rationale for Talent Management in the Workplace:

Talent management is a strategic approach to attract, develop, and retain the best employees in an organization. With an effective talent management strategy, we can foster a culture that prioritizes the development of our employees, enhancing their capabilities, and improving their engagement levels.

Studies have shown that investing in talent management has a significant positive impact on a company's bottom line. Companies that invest in talent management experience increased productivity, improved employee morale, reduced employee turnover, and a more competitive advantage. An effective talent management strategy is a long-term investment that will pay dividends for years to come.

The Individual and Organizational Benefits of Talent Management:

Talent management not only benefits the organization, but it also benefits individual employees. By investing in their development and career progression, we can increase employee satisfaction and motivation, leading to higher levels of employee engagement and retention. Additionally, talented employees are more likely to be innovative and contribute to the organization's success, leading to a more competitive advantage.

From an organizational perspective, talent management helps to build a sustainable workforce. It ensures that we have the right people in the right positions, equipped with the skills and knowledge to meet the organization's goals and objectives. Talent management also fosters a culture of learning and development, where employees are continuously improving their skills and competencies, leading to better business outcomes.

An Occupational Definition for Workplace Talent:

Talent in the workplace refers to individuals who have the necessary skills, knowledge, and potential to meet the organization's goals and objectives. Talented employees are individuals who can make a significant contribution to the organization's success and who possess the skills and competencies that are critical to the organization's success.

Learn more about employees here:

https://brainly.com/question/21847040

#SPJ11

Johanna needs to set aside $14,238 today to have sufficient funds available to take an around the world cruise in four years, assuming an 8% return on her investment.To calculate the amount Johanna needs to set aside today for her dream vacation, she needs to use the present value formula.

Using an 8% annual interest rate and a four-year timeframe, the calculation would be: Present Value = Future Value / (1 + r) ^ n, where r is the annual interest rate, and n is the number of years. Plugging in the values, we get: Present Value = $20,000 / (1 + 0.08) ^ 4, which comes out to be approximately $14,238.

Therefore, Johanna needs to set aside $14,238 today to have sufficient funds available to take an around the world cruise in four years, assuming an 8% return on her investment.

To know more about value, refer to the link:

https://brainly.com/question/30145972#

#SPJ11

Travel Planners, Inc. borrowed $5,000 from First State Bank and signed a promissory note. When recording this transaction, Travel Planners should make the following entry: Debit Notes Payable for $5,000 and Credit Cash for $5,000. The answer is C.

Option A (Debit Notes Receivable, $5,000; Credit Cash, $5,000) is incorrect because the company borrowed money and therefore should not debit Notes Receivable, which represents amounts owed to the company.

Option B (Debit Cash, $5,000; Credit Notes Payable, $5,000) is also incorrect because the company borrowed money and should not credit Notes Payable, which represents amounts owed by the company.

Option D (Debit Cash, $5,000; Credit Notes Receivable, $5,000) is incorrect because the company borrowed money and should not credit Notes Receivable, which represents amounts owed to the company.

The correct entry is Option C (Debit Notes Payable, $5,000; Credit Cash, $5,000) as it accurately reflects the borrowing of $5,000 by Travel Planners, Inc. and the corresponding increase in its liabilities (Notes Payable) and decrease in its assets (Cash).

Therefore, option C is the correct answer.

The complete question is:

Travel Planners, Inc. borrowed $5,000 from First State Bank and signed a promissory note. What entry should Travel Planners record?

A.    Debit Notes Receivable, $5,000; Credit Cash, $5,000.

B.    Debit Cash, $5,000; Credit Notes Payable, $5,000.

C.    Debit Notes Payable, $5,000; Credit Cash, $5,000.

D.    Debit Cash, $5,000; Credit Notes Receivable, $5,000.

To know more about Notes Receivable, refer here:
https://brainly.com/question/32108547
#SPJ11

Strong work ethic: Accounting and financial management are demanding fields that require hard work and dedication. Students are expected to put in long hours of study and to be committed to their coursework.

Attention to detail: Accuracy is crucial in accounting and financial management. Students are expected to have an eye for detail and to be meticulous in their work.

Ethical conduct: Accounting and financial management professionals are often entrusted with sensitive financial information. Therefore, students are expected to adhere to strict ethical standards and to maintain confidentiality.

Professionalism: Students are expected to conduct themselves in a professional manner at all times. This includes dressing appropriately for class, using proper language and behavior, and showing respect to their professors and fellow students.

Analytical skills: Acounting and financial management require strong analytical skills. Students are expected to be able to analyze financial data, identify trends, and make informed decisions.

These cultural and behavioral expectations have future implications for students studying for a degree in accounting and financial management. For example:

Career opportunities: Students who excel in their coursework and meet the cultural and behavioral expectations of the field are more likely to be successful in their future careers. Accounting and financial management are highly competitive fields, and employers are looking for candidates who possess the right skills and qualities

Professional development: Meeting the cultural and behavioral expectations of the field can help students develop important professional skills such as time management, communication, and teamwork. These skills are essential for success in any career.

Reputation: Accounting and financial management professionals are often held to high standards of professionalism and ethics. Students who meet the cultural and behavioral expectations of the field are more likely to earn a positive reputation among their peers and future employers.

In summary, studying for a degree in accounting and financial management comes with certain cultural and behavioral expectations. Meeting these expectations can have significant future implications for students, including career opportunities, professional development, and reputation.

Learn more about Accounting  here:

https://brainly.com/question/22917325

#SPJ11

An example of how an environmental regulation uses a technology-based standard to achieve its goals is the US Clean Air Act's National Emission Standards for Hazardous Air Pollutants (NESHAP) for industrial facilities.

These standards set specific emissions limits based on the technology available to control the pollutants. For instance, if a certain technology is available to reduce a pollutant by 90%, the NESHAP standard may require facilities to achieve that level of reduction.

The NESHAP standards are an example of a technology-based regulation because they are based on the level of emissions control that can be achieved using available technologies. These standards are designed to reduce emissions of toxic air pollutants from industrial sources and protect public health and the environment. By setting specific emissions limits based on technology, the regulation encourages the use of pollution control equipment and other technologies to reduce emissions.

Learn more about technology here:

https://brainly.com/question/28288301

#SPJ11

On her 2021 tax return, Jen should treat the loss from the completely worthless TV stock as a capital loss.


Since Jen purchased the TV stock on 11/15/20 and it became completely worthless on 6/1/21, this investment falls under a long-term capital loss, as she held the stock for more than one year. In general, capital losses can be used to offset capital gains, and if there are any excess losses, they can be deducted from ordinary income up to a limit of $3,000 per year ($1,500 if married filing separately).
1. Determine the holding period: Jen held the stock from 11/15/20 to 6/1/21, which is more than one year, making it a long-term capital loss.
2. Calculate the loss: Jen's loss is $100,000 (the entire value of the stock).
3. Offset capital gains (if any): If Jen has any capital gains, she can use this loss to offset those gains.
4. Deduct the remaining loss from ordinary income: If there are excess losses, Jen can deduct up to $3,000 ($1,500 if married filing separately) from her ordinary income.
In summary, Jen should treat the loss from the completely worthless TV stock as a long-term capital loss on her 2021 tax return, offset any capital gains she might have, and potentially deduct the remaining loss from her ordinary income up to the allowable limit.

For more information on capital loss kindly visit to

https://brainly.com/question/23917348

#SPJ11

The answer is maximizes the value of the firm. The correct answer is option b.

The optimal capital structure is the mix of debt and equity financing that maximizes the overall value of the firm.

This is determined by finding the point where the cost of capital is minimized and the value of the firm is maximized. The cost of capital is minimized at the point where the weighted average cost of capital (WACC) is the lowest.

The WACC is the average cost of each source of capital (debt and equity) weighted by their proportion of the total capital. However, the optimal capital structure may also depend on other factors such as the company's industry, size, growth rate, and risk.

The correct answer is option b.

To know more about firm refer to-

https://brainly.com/question/29840644

#SPJ11

Differentiation and positioning are types of communications of market offerings, shopping goods and specialty goods are types of consumer goods, while market-penetration pricing and cost-based pricing are types of pricing strategies.

1. Communicating market offering to create value perceptions superior to competitors: Differentiation.

2. Communicating market offering to create value perceptions in the customer's mind: Positioning.

3. A pricing strategy that sets a low price for a new product in order to attract a large number of buyers and a large market share: Market-penetration pricing.

4. Consumer goods that are less frequently purchased, usually purchased only after the comparison of brands on price, quality, and style: Shopping goods.

5. Consumer goods for which buyers have strong brand preference & loyalty, and are willing to make special purchase effort: Specialty goods.

6. A pricing strategy that sets prices based on the costs of producing, distributing, and selling the product plus a fair rate of return for effort and risk: Cost-based pricing.

To learn more about market-penetration pricing, visit: https://brainly.com/question/14313239

#SPJ11

The Direct Labor Rate Variance is $2,600. The direct labor rate variance measures the difference between the actual cost of labor and the budgeted cost of labor for a particular job.

In this case, the budgeted labor cost per unit was $50 ($10 per hour x 5 hours per unit), and the total budgeted labor cost for the job was $445,000 ($50 x 8,900 units). However, the actual labor cost for the job was $447,600, which is $2,600 more than the budgeted cost.

To calculate the direct labor rate variance, we need to compare the actual hours worked to the budgeted hours and apply the budgeted labor rate. In this case, the actual hours worked were 41,500, which is the same as the budgeted hours. Therefore, the direct labor rate variance is simply the difference between the actual labor cost and the budgeted labor cost:

Direct Labor Rate Variance = Actual Labor Cost - Budgeted Labor Cost
Direct Labor Rate Variance = $447,600 - $445,000
Direct Labor Rate Variance = $2,600 (Favorable)

The favorable variance means that the actual labor cost was lower than the budgeted labor cost. This could be due to a lower hourly rate or more efficient use of labor hours. It is important to analyze variances to identify areas of improvement and to make adjustments to the budget or operations as necessary.

For more about direct labor rate:

https://brainly.com/question/14259749

#SPJ11

The government in Canada is comprised of three levels: municipal, provincial, and federal. Each level has different areas of responsibility and plays a unique role in our daily lives.

At the municipal level, responsibilities include local issues such as garbage collection, snow removal, and parks and recreation. As a resident of a municipality, these services directly impact my daily life. For example, the availability of parks and recreational facilities provides me with opportunities to stay active and socialize with others in my community.

At the provincial level, responsibilities include issues such as healthcare, education, and transportation. As a student, the quality of education provided by my province affects my future opportunities and success. Additionally, the accessibility and efficiency of public transportation directly impact my ability to travel to work and other commitments.

Finally, at the federal level, responsibilities include issues such as national defense, immigration, and international trade. The policies and decisions made at the federal level have the potential to impact my daily life in a variety of ways. For example, changes to immigration policies could affect the diversity of my community and workplace.

Overall, I believe that each level of government has a significant impact on my life. While the areas of responsibility differ, they are all essential to ensuring the smooth functioning of society. By understanding the different levels of government and their responsibilities, I am better equipped to engage with the political process and advocate for the issues that matter to me.

Learn more about federal here:-

https://brainly.com/question/1951874

#SPJ11

Product Life Cycle Management (PLM) is an approach to manage the entire lifecycle of a product from its conception, design, and manufacture, through to its service and disposal. PLM includes several processes and systems that cover various aspects of a product's lifecycle, such as product design, development, marketing, and maintenance. Some of the processes and systems that are included in PLM are:

Product design and development

Quality management

Product data management

Supply chain management

Customer relationship management

Based on this, it appears that PLM incorporates all of the above processes and systems, and there is no one that it excludes.

Product Life Cycle Management (PLM) is a systematic approach to managing the life cycle of a product, from its inception to its disposal. PLM aims to optimize product-related processes, increase efficiency, and reduce costs. It encompasses various aspects, including product design, development, manufacturing, distribution, and customer support. However, there are certain elements that PLM does not incorporate:

1. Unrelated personal interests: PLM focuses on product-related processes and aims to streamline operations related to the product. It does not involve the personal interests of individuals or unrelated topics that do not directly impact the product's life cycle.

2. Non-product-related marketing: While PLM includes marketing efforts aimed at promoting and selling the product, it does not encompass marketing initiatives unrelated to the product. For example, company branding and general advertising that does not target the product specifically are not part of PLM.

3. Human resource management: PLM does not cover aspects related to hiring, training, and managing employees, as these are not directly associated with the product life cycle. Human resource management is a separate discipline that focuses on managing an organization's workforce.

In summary, Product Life Cycle Management is a comprehensive approach to managing a product's life cycle and involves various aspects such as design, development, manufacturing, and customer support. However, it does not include unrelated personal interests, non-product-related marketing, and human resource management.

To know more about Human resource visit -

brainly.com/question/29871347

#SPJ11

As the bond's yield has remained the same, any change in price would be due to external factors affecting the market. One of the main factors that affect bond prices is the interest rate. When interest rates rise, bond prices fall, and when interest rates fall, bond prices rise.

However, in this scenario, we know that the yield on the bond has not changed. Therefore, we can assume that there are no significant changes in the interest rate or any other market conditions that would affect the bond's price.

Given this information, we can conclude that the bond's price is most likely to remain the same in twelve days, i.e., it will be $827. Therefore, the answer to the multiple-choice question is "less than $827" is incorrect, and the correct answer is "higher than $827" is incorrect.

In summary, if there are no changes in market conditions or any other external factors, the bond's price is most likely to remain the same.

It is essential to understand that the bond's price may change if there is any news or events that may affect the market, such as inflation or economic growth, so it is important to stay informed about any such developments.

To know more about interest rates refer here

https://brainly.com/question/13324776#

#SPJ11

The correct answer is

1. Income Statement:

STARK COMPANY
Income Statement
For the Year Ended December 31

Services revenue: $220,000

Expenses:
Interest expense: $1,100
Wages expense: $33,000
Insurance expense: $920
Utilities expense: $12,000
Depreciation expense-Buildings: $4,300
Supplies expense: $1,700

Total expenses: $53,020

Net income: $166,980

2. Statement of Retained Earnings:

STARK COMPANY
Statement of Retained Earnings
For the Year Ended December 31

Retained earnings, Dec 31 prior year: $108,400
Add: Net income: $166,980
Total: $275,380
Less: Dividends: $24,400
Retained earnings, Dec 31 current year: $250,980


The income statement presents the revenues and expenses of the company, resulting in the net income for the year. The statement of retained earnings shows the beginning retained earnings, adds the net income, and subtracts the dividends to arrive at the ending retained earnings. To calculate the net income, subtract the total expenses from the services revenue. The statement of retained earnings starts with the beginning retained earnings, adds the net income, and subtracts the dividends to find the ending retained earnings.

To know more about Income Statements visit:

brainly.com/question/28035395

#SPJ11

The Balanced Scorecard measures how effectively a company is working its assets is by using a combination of financial and non-financial metrics. One such financial metric is Days of Working Capital, which measures the number of days it takes a company to convert its current assets into cash flow. The correct option to this question is A.

Non-financial metrics like Inventory Carrying Costs, Product Count, and Plant Utilization also help assess the company's effectiveness in using its assets. An explanation of each of these metrics is as follows:
- Days of Working Capital measures the company's liquidity and efficiency in managing its cash flow. It is calculated by subtracting the company's current liabilities from its current assets and dividing the result by the average daily expenses. A lower number indicates that the company is more efficient in managing its working capital.
- Inventory Carrying Costs measure the cost of holding and managing inventory. It includes costs like storage, insurance, taxes, and obsolescence. A lower inventory carrying cost indicates that the company is managing its inventory efficiently.
- Product Count measures the number of products that the company offers. A higher product count can indicate that the company is diversifying its offerings and potentially expanding its customer base.
- Plant Utilization measures the percentage of a plant's capacity that is being utilized. A higher plant utilization rate indicates that the company is making better use of its assets and is likely more efficient in producing its products.
The Balanced Scorecard uses a mix of financial and non-financial metrics, including Days of Working Capital, Inventory Carrying Costs, Product Count, and Plant Utilization, to assess how effectively a company is working its assets. By analyzing these metrics, companies can identify areas for improvement and make data-driven decisions to optimize their operations.

For more information on days of working capital kindly visit to

https://brainly.com/question/28283534

#SPJ11

For Marco, two prospective career paths along the telecommunication avenue stand out more than the rest—Telecommunications Engineer and Digital Marketing Specialist.

If Marco chooses to pursue the former role, problem-solving aptitude, programming savviness, circuit scheme competency, and grasping of transmission conduction would be essential.

Therefore it is strongly recommended that he accumulate specific qualifications in either electrical engineering, computer science, or telecommunications engineering as preparation.

As for becoming a Digital Marketing Expert, epitomes of communicability, originality, and nimbleness when being apprised regarding current digital promotion resources coupled with the capacity to assay data analytically should be implemented.

Read more about Telecommunications Engineer here:

https://brainly.com/question/29062236

#SPJ1

the deduction for lodging is $1,575. In November 2021, Kortney (who is a self-employed management consultant) travels from Chicago to Barcelona (Spain) on business. She is gone 10 days (including 2 days of travel) during which time she spends 5 days conducting business and 3 days sightseeing.

a. Deduction for airfare:

Kortney's airfare expense is fully deductible as it is a necessary and ordinary expense directly related to her business travel. Therefore, the deduction for airfare is $2,590.

b. Deduction for meals:

Kortney's meal expense is partially deductible. According to the IRS, taxpayers can deduct 50% of the cost of meals incurred while traveling for business purposes. Since Kortney spent 5 days conducting business during her 10-day trip, the deductible amount for meals is calculated as:

5 business days x $290 per day x 50% = $725

Therefore, the deduction for meals is $725.

c. Deduction for lodging:

Kortney's lodging expense is also partially deductible. However, the amount of the deduction depends on whether she stayed in a hotel or with relatives. Since Kortney stayed with relatives for 5 out of the 8 nights she was away, she can only deduct the lodging expenses incurred for the 3 nights she stayed in a hotel. The deductible amount is calculated as:

3 hotel nights x $525 per night = $1,575

Learn more about business here:.

https://brainly.com/question/15826604

#SPJ11

To calculate the break-even point using the per-unit contribution margin approach, we need to first calculate the per-unit contribution margin. Per-unit contribution margin = selling price - variable costs

Per-unit contribution margin = $37 - $15
Per-unit contribution margin = $22
Next, we can use the formula for the break-even point in units:
Break-even point (units) = Annual fixed cost / Per-unit contribution margin
Break-even point (units) = $486,200 / $22
Break-even point (units) = 22,100 units
Therefore, Walton Corporation needs to sell 22,100 units in order to break even.
To calculate the break-even point in dollars, we can multiply the break-even point (units) by the selling price:
Break-even point (dollars) = Break-even point (units) x Selling price
Break-even point (dollars) = 22,100 units x $37
Break-even point (dollars) = $817,700
Therefore, Walton Corporation needs to generate $817,700 in sales in order to break even.

To know more about per-unit contribution margin

https://brainly.com/question/27773337

#SPJ11

The after-tax IRR for the investment in the backhoe can be calculated by using the formula:

ATIRR = [(PV of cash inflows - PV of cash outflows) / PV of cash outflows] x (1 - corporate tax rate)

Here, the PV of cash inflows will be the total cash savings over the six-year period, which is calculated as follows:

Total cash savings = Annual cash savings x number of years

= $30,000 x 6

= $180,000

The PV of cash savings can be calculated using the present value formula as:

[tex]PV = FV / (1 + r) ^ n[/tex]

Where FV is the future value of cash savings, r is the discount rate, and n is the number of years.

Assuming a discount rate of 9%, the PV of cash savings will be:

[tex]PV = $180,000 / (1 + 0.09) ^ 1 + $180,000 / (1 + 0.09) ^ 2 + $180,000 / (1 + 0.09) ^ 3 + $180,000 / (1 + 0.09) ^ 4 + $180,000 / (1 + 0.09) ^ 5 + $180,000 / (1 + 0.09) ^ 6[/tex]

= $870,223.52

The PV of cash outflows will be the initial cost of the backhoe minus the salvage value, which is calculated as:

PV of cash outflows = ($110,000 - $20,000) / (1 + 0.09) ^ 1
= $87,155.96

Using the above values in the ATIRR formula, we get:

ATIRR = [($870,223.52 - $87,155.96) / $87,155.96] x (1 - 0.55)
= 0.1255 or 12.55%

Therefore, the exact after-tax IRR for this investment is 12.55%.

As for whether DigCo should buy the backhoe, we can compare the ATIRR with the MARR of 9%. Since the ATIRR is greater than the MARR,

the investment is expected to generate a positive return for DigCo. Therefore, it would be recommended for DigCo to buy the backhoe.

To know more about after-tax IRR refer here

https://brainly.com/question/17166677#

#SPJ11

The maximum amount of time that an account can be frozen due to a temporary medical condition varies depending on the financial institution's policies and regulations. Account holders should contact their financial institution to inquire about the specific requirements and duration of the account freeze.

The maximum amount of time that an account can be frozen due to a temporary medical condition varies depending on the financial institution's policies and regulations. Generally, account freezing due to medical conditions is a temporary measure taken by the bank or credit union to protect the account holder's funds from unauthorized access or fraud. The account may be frozen until the account holder provides the necessary documentation and proof of recovery to the financial institution.
In some cases, the maximum time for which an account can be frozen due to a temporary medical condition may be up to six months or one year, depending on the bank's policies. However, the account holder should contact their financial institution as soon as possible to inform them of their medical condition and to inquire about the maximum duration of the account freeze.
It is important to note that account freezing due to a medical condition is different from account closure. Account closure may have different procedures and requirements, depending on the financial institution's policies.
For more such questions on Account freeze

https://brainly.com/question/28804774

#SPJ11

Market share goals are often set by managers when c) they are coupled with penetration pricing to establish a maximizing current profit objective.

A company's market share is the percentage of the overall market for its products and services that it controls. Market share is an important business metric since it indicates a company's profitability and performance.

It might indicate an industry's dominance and how successfully a company's revenue-generating initiatives are performing to fulfill corporate objectives.

Market share can have an impact on operations, product and service pricing, and potentially stock market performance. Growing market share leads to increased revenue. As a result, a company can scale up its operations and increase its profitability. Gaining market share should be a serious business objective.

To know more about market share goals:

https://brainly.com/question/31194082

#SPJ4

Correct question:

Market share goals are often set by managers when

a)  a target return objective has not been met previously.

b) the product category is new.

c) they are coupled with penetration pricing to establish a maximizing current profit objective.

d) industry sales are relatively flat or declining.

e) they insist on long-run profits.

Market share goals are set by managers to establish a maximizing current profit objective or when seeking long-run profits. This strategy is often employed in scenarios where industry sales are flat or declining, when introducing a new product, or under regulatory conditions such as price cap regulation.

Market share goals are often set by managers when they are coupled with penetration pricing to establish a maximizing current profit objective, when industry sales are relatively flat or declining, or when companies insist on long-run profits. Market share is essentially the percentage of total sales in the market. Managers could use this strategy when the product category is new, looking to establish the brand in the market.

An example of this scenario could be a new technology firm entering an established market. The firm might have a goal to obtain a certain percentage of the market share within a given timescale, therefore a market share goal would be set.

Further, this can also be used as a strategy to affect competition. For instance, consider price cap regulation, where regulators set a price that a firm cannot exceed over a specific period. Firms may set market share goals under these conditions to increase competition.

https://brainly.com/question/32747939

#SPJ6

The term "extending the experience" means: c. Offering pre- and post-event tours

Extending the experience refers to offering additional opportunities for attendees to engage with and continue to benefit from the event's content or themes beyond the main event itself. This could include pre- or post-event tours, follow-up webinars or workshops, or other ways to further enrich and build upon the life experiences gained during the initial event.

Extending the experience involves enhancing attendees' life experiences by providing additional activities or opportunities before and after the main event. This allows participants to have a more enriched and memorable experience.

To know more about post- event tours visit:

https://brainly.com/question/28337238

#SPJ11

Assuming that the state income tax refund is not taxable in Kent's case, he should include: only the $30 from US Treasury Certificates as interest income in his tax return.

To determine the amount Kent should include for interest income in his tax return, let's consider the three sources of interest income he received:

1. Veterans Administration Insurance Dividends: $20
2. US Treasury Certificates: $30
3. State Income Tax Refund: $40

First, we need to identify which of these sources are taxable and should be included in Kent's tax return.

1. Veterans Administration Insurance Dividends: According to the IRS, the interest on insurance dividends left on deposit with the VA is not taxable. Therefore, Kent does not need to include this $20 in his tax return.

2. US Treasury Certificates: Interest on US Treasury Certificates is taxable on federal tax returns. So, Kent should include the $30 from this source in his tax return.

3. State Income Tax Refund: The state income tax refund is not considered as interest income, and its taxability depends on whether Kent had itemized deductions in the previous year. If Kent itemized his deductions and claimed a deduction for state income tax, the $40 refund may be taxable. Otherwise, it is not taxable.

Assuming that the state income tax refund is not taxable in Kent's case, he should include only the $30 from US Treasury Certificates as interest income in his tax return.

To know more about tax refund, refer here:

https://brainly.com/question/19577427#

#SPJ11

To determine if Alanco should make or buy the component, we need to compare the cost of producing the component internally with the cost of purchasing it from the outside supplier.

The relevant costs of making the component are:

Direct materials: $4

Direct labor: $6

Variable manufacturing overhead: $2

Traceable fixed manufacturing overhead (30% x $5): $1.50

Total relevant cost per unit: $13.50

If Alanco buys the component from the supplier, the cost will be $21 per unit.

Since the relevant cost of making the component internally is less than the cost of buying it from the supplier, Alanco should make the component.

Therefore, the if statement should be:

if (13.50 < 21) {

Alanco should make the component.

} else {

Alanco should buy the component.

}

The cost of producing the component internally is $25 per unit, while the outside supplier is offering it for $21 per unit. This means that Alanco can save $4 per unit by purchasing from the outside supplier.

Therefore, the if statement to determine if Alanco should make or buy the component would be:

If the cost of producing the component internally is greater than the cost of purchasing it from the outside supplier, Alanco should buy the component.

In this case, since the cost of purchasing the component from the outside supplier is lower than the cost of producing it internally, Alanco should buy the component.

Learn more about relevant here:

https://brainly.com/question/13036889

#SPJ11