Answer:
a: March 2
Dr Accounts Receivable 900,000
Cr Sales Revenue 900,000
March 2
Dr Cost of Good Sold 590,000
Cr Inventory 590,000
b. March 6
Dr Sales Returns and Allowances 90,000
Cr Accounts Receivable 90,000
March 6
Dr Inventory 62,000
Cr Cost of Goods Sold 62,000
c. March 12
Dr Cash 793,800
Dr Sales Discount 16,200
Cr Accounts Receivable 810,000
Explanation:
Preparation of Journal entries using a perpetual inventory system
a. March 2
Dr Accounts Receivable 900,000
Cr Sales Revenue 900,000
(To record sale of merchandise)
March 2
Dr Cost of Good Sold 590,000
Cr Inventory 590,000
b. March 6
Dr Sales Returns and Allowances 90,000
Cr Accounts Receivable 90,000
(To record sale of merchandise)
March 6
Dr Inventory 62,000
Cr Cost of Goods Sold 62,000
c. March 12
Dr Cash 793,800
(98%*810,000)
Dr Sales Discount 16,200
(2%*810,000)
Cr Accounts Receivable 810,000
(900,000-90,000)
A: March 2
Dr assets 900,000
Cr Sales Revenue 900,000
March 2
Dr Cost of excellent Sold 590,000
Cr Inventory 590,000
B. March 6
Dr Sales Returns and Allowances 90,000
Cr assets 90,000
March 6
Dr Inventory 62,000
Cr Cost of products Sold 62,000
C. March 12
Dr Cash 793,800
Dr Sales Discount 16,200
Cr assets 810,000
Journal entriesPreparation of Journal entries employing a perpetual inventory system
A. March 2
Dr assets 900,000
Cr Sales Revenue 900,000
(To record sale of merchandise)
March 2
Dr Cost of fine Sold 590,000
Cr Inventory 590,000
B. March 6
Dr Sales Returns and Allowances 90,000
Cr assets 90,000
(To record sale of merchandise)
March 6
Dr Inventory 62,000
Cr Cost of products Sold 62,000
C. March 1
Dr Cash 793,800
(98%*810,000)
Dr Sales Discount 16,200
(2%*810,000)
Cr assets 810,000
[tex](900,000-90,000)[/tex]
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suppose that we are in butter market and the government implements an excise tax on butter. the price elasticity of demand for butter equals 2 and the price elasticity of supply for butter equals 2. what is the portion of the tax that consumers will be burdened with? is this realistic given the market we are in?
Answer:
Portion of tax burden shared by buyers (consumers) & sellers will be equal, ie half half each.
Explanation:
When an indirect tax, whose burden & incidence are on different people, (like excise tax) is levied : Its burden is borne more by buyers if demand is relatively more inelastic (or less elastic), & more by sellers if supply is relatively less inelastic (or less elastic).
Given, price elasticity of demand & supply both = 2 respectively. So, excise tax burden is shared by both buyer & sellers equally, as both demand & supply are equally price elastic.
Burke Company has a break-even of $600,000 in total sales. Assuming the company sells its product for $40 per unit, what is its margin of safety in units if sales total $1,000,000
Answer:
The margin of safety in units is 10,000 units
Explanation:
The computation of the margin of safety in units is shown below:
The Margin of safety in units is
= Budgeted or actual sales - break even sales
= ($1,000,000 ÷ $40 per unit) - ($600,000 ÷ $40 per unit)
= 25,000 units - 15,000 units
= 10,000 units
Hence, the margin of safety in units is 10,000 units
. A consumer electronics company introduced a new music system into the market with multiple features like built in alarm, mobile and iPod charger, radio and many more. The company is trying to influence the _____ perspective of quality by providing multiple features in a single
Answer:
a. product
Explanation:
Since in the question it is mentioned that the consumer electronics company launched a new music system that contains the various features like alarm, mobile & iPod charger, radio and etc
So here the company wants to influence the product by displaying the features of the company so that the chances of sale of the product could be high
Therefore the option a is correct
Jake borrowed $18,000 from his father to purchase a camper. Jake paid back $25,000 to his father at the end of 6 years. What was the average annual compound rate of interest on Jake's loan from his father
Answer:
5.63%
Explanation:
The annual compound rate of interest on Jake's loan from his father is calculated as :
PV = $18,000
N = 6
P/yr = 1
Pmt = $ 0
FV = - $25,000
i = ?
Using a financial calculator to input the values as shown above, the annual compound rate of interest is 5.6277 % or 5.63%
On June 30, 20X1, a tornado damaged Jensen Corporation’s warehouse and factory, completely destroying the work-in-process inventory. Neither the raw materials nor finished goods inventories were damaged. A physical inventory taken after the tornado revealed the following valuations:
Raw materials $87,000
Work-in-process 0
Finished goods 151,000
$238,000
The inventory of January 1, 20X1, consisted of the following:
Raw materials $41,000
Work-in-process 128,000
Finished goods 173,000
$342,000
A review of the books and records disclosed that the gross profit margin historically approximated 28% of sales. The sales total for the first six months of 20X1 was $405,000. Raw material purchases totaled $150,000. Direct labor costs for this period were $112,000, and manufacturing overhead has historically been applied at 50% of direct labor.
Required:
Compute the value of the work-in-process inventory lost at June 30, 20X1.
Answer:
$130,400
Explanation:
Raw material transferred to WIP = Beginning balance + Purchase - Closing balance = $41,000 + $150,000 - $87,000 = $104,000
Cost of Goods manufactured = Closing balance + Cost of goods sold - Beginning balance
Cost of Goods manufactured = $151,000 + $405,000*70% - $173,000 = $151,000 + $291,600 - $173,000
Cost of Goods manufactured = $269,000
Ending Work in Process = Beginning balance + Direct material + Direct labor - Manufacturing overheads - Cost of goods manufactured
Ending Work in Process = $128,000 + $104,000 + $112,000 + $112,000*50% - $269,600
Ending Work in Process = $128,000 + $104,000 + $112,000 + $56,000 - $269,600
Ending balance of Work in Process = $130,400
Linda Williams is the new owner of Linda’s Computer Services. At the end of July 2022, her first month of ownership, Linda is trying to prepare monthly financial statements. She has the following information for the month.
1. At July 31, Linda owed employees $1,950 in salaries that the company will pay in August.
2. On July 1, Linda borrowed $18,000 from a local bank on a 12-year note. The annual interest rate is 10%.
3. Service revenue unrecorded in July totaled $1,600.
Prepare the adjusting entries needed at July 31, 2022. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
Answer and Explanation:
The Journal entries are shown below:-
1. Salaries expenses Dr, $1,950
To Salary payable $1,950
(Being salaries expense is recorded)
2. Interest expense Dr, $150
To Interest payable $150
(Being interest expense is recorded)
3. Accounts receivable Dr, $1,600
To Service revenue $1,600
(Being sales revenue is recorded)
The shoe buyer plans to promote flip-flop sandals at $24.99. The buyer needs to purchase10,000 flip flops for the event. 6,000 flip-flop sandals have been purchased at a cost of $11.50. The planned markup for the event is 59.0%. What will be the average cost of the remaining sandals?
Answer:
$22.04
Explanation:
Sales price per sandal = $24.99
Sales price of 10,000 sandals = $24.99*10,000 = $249,900
Markup percentage = 59%
Cost of 10,000 sandals = $249,900 / 1 + 59%
Cost of 10,000 sandals = $249,900 / 1.59
Cost of 10,000 sandals = $157169.81
Cost of 10,000 sandals = $157,169.81
Less: Cost of 6000 sandals = $69,000 ($11.5*6,000)
Cost of the remaining 4,000 $88,169.81
Average cost of the remaining sandals = $88,169.81/4,000 sandals
Average cost of the remaining sandals = $22.0424525
Average cost of the remaining sandals = $22.04
Case ScenarioOver the past four years, the LSS organization, a nonprofit organization headquartered in Minneapolis, MN, has become renowned nationally for its Camp Noah project. Following floods, tornadoes or other weather emergencies, children lose their daily routine, their schools and oftentimes their homes. Parents are often stressed and unavailable during emergencies, and children have few resources to help them understand their situation. In Camp Noah, volunteers with skills in child psychology and counseling meet in a two day support group environment with children in flood ravaged areas. They encourage the children to share their stories and develop important resiliency skills and learn how to cope emotionally with the disaster.Due to the need for such services, LSS has developed a training system that lets them partner with resource organizations located near flood or tornado areas. They have partnered with many local organizations around the U.S. to train, equip and empower volunteers to staff local camps attended by children during their summer vacation. LSS also provides pre-packaged Camp Noah supplies that range from workbooks, crayons and puppets to a quilt for each child.Recently, powerful rainstorms in southeastern France triggered flash flooding that displaced more than 1000 families, and left 200,000 people without electricity for more than two weeks. City officials in France called the LSS Director of Camp Noah Services, Chris Walker, and asked if she could provide training and equip 20 volunteers in southeastern France to deliver the Camp Noah curriculum to up to 500 children. The French officials have asked that a decision to proceed be made within 2 weeks, and that the training and they want the equipment be delivered 6 weeks after the decision is made. Chris Walker wants to help but isn’t sure how to start. Currently, Camp Noah supplies are all written in English, and the counselor training documents are only written in English as well. The floods occurred in an area of France that has few English speakers.You are a contract employee who has been engaged to help LSS because you speak French fluently and because you are an expert, experienced project manager with great interpersonal skills. Your job is to assist the director, Chris Walker, during project initiation. If the project is approved, you may be asked to lead the remainder of the project as well. You and Chris have been in meetings together all day discussing the opportunity for a French Camp Noah. You’ve been listening very carefully and asking dozens of questions about the potential effort. Now, you’re ready to get started and put your considerable project management skills and knowledge to work.Questions based on above scenario and answer need to be 1/2 page long:1. Is this (or will this be) a project or operations? Justify your choice.2. What process group is this project currently in? How do you know?3. As an experienced project manager, you are aware that analyzing the environment in which a project operates is critically important. Select two (2) OPA and two (2) EEF that you believe are important to understand for this project. Apply these to the case scenario and justify why the four items you selected are important. 4. Once the decision is made to proceed with the project, Chris Walker, the director, will need to select a project manager. You know that LSS is a strong-matrix org. What does this mean in terms of how the project will be conducted and the role of the project manager? (5. You and Chris Walker, the director, will work on trying to define what project success will look like as you define the project objectives. What should you keep in mind about the process of writing objectives? Why are good statements of project objectives important to project success?
Answer and Explanation:
1. This is a project because it is carefully planned and follows a series of tasks to achieve a particular goal
2. Project is at initiation stage. It is yet to be approved and discussions are still on
3. Two organizational process assets (OPA) are : checklist, lessons database. Two Enterprise environmental factors(EEF): Organization management, group performance. EEF enable project managers understand their environment and factors that influence the project which may be beyond their control. OPAs here will enable organization learn from the knowledge base and everything other thing already acquired by management that can be used in the project or from projects initially executed by organization
4. Since LLS is a matrix organization(answering to both functional head and project manager), employees involved in the project would answer to project manager and project manager reports to functional head
5. The important to have in mind while writing project objectives is the goal of the project while considering threats and opportunities surrounding reaching the goal of the project. Clear objectives are important as they form guidelines to achieving project goal.
denver company issued bonds with a face value of 100,000 and stated interest rate of 8%. the bonds have a life of five years and were sold at 102 1/2. if denver amoritizes discounts and premiums using the straight line method, the amount of interest expense each full year would be
Answer:
$7,500
Explanation:
Calculation for the amount of interest expense each full year
First step is to calculate the the annual interest
Annual interest =$ 8,000
($100,000*8%)
Second step is to calculate the premium paid
Premium paid=$ 2,500
($ 100,000 * 2.5%)
Third step is to calculate the Amortization of premium
Amortization of premium=$500
( $2,500 / 5years )
Last step is to calculate the interest expenses using this formula
Interest expenses=Annual interest-Amortization of premium
Let plug in the formula
Interest expenses ($8,000 - $500 )
Interest expenses= $ 7,500
Therefore the amount of interest expenses each full year would be $7,500
The readings suggest there are certain strategies for pricing new products, which is decidedly more difficult than adjusting prices to existing products. The new product pricing approaches are:
Skimming
Penetration
Everyday low prices
The pricing approaches discussed for existing products are:
Cost plus
Markup
Markdown
Odd-even pricing
Prestige pricing
Price lining
Demand backward pricing
Leader pricing
Sealed bid pricing
Going-rate pricing
Price bundling
Captive pricing
Product mix pricing
Two-part pricing
Promotional pricing
There is no shortage of pricing approaches, and as customers, we are exposed to all of them at some time or another in our purchasing processes.
Choose one of the pricing approaches and discuss the product, the pricing approach, and why you think it is the most appropriate approach for that particular product given your consumer characteristics. Be sure you understand the definition of your approach before tackling this topic.
Many of you will be tempted to use promotional pricing since it is the easiest to demonstrate. So promotional pricing is not "for sale" (pun intended). Pick one of the other approaches for this topic.
Answer:
Strategy - Prestige Pricing
Product - Female Bags
Explanation:
Another term for this is Premium Pricing or Image Pricing.
It's a pricing strategy where a product's price is set very high in order to create the impression that it is of very high quality. This strategy is mostly used if it is discovered that keeping the prices low will discourage sales or at best leave it dormant.
In order to use this strategy successfully, the manufacturers always take particular care to differentiate the product by including additional features to the product such as using high-quality materials.
The target market for this product is usually the influencers and love to show off. In order words, they are more particular about their image.
For this strategy to work, the manufacturer has to be consistent in the brand positioning and pay exceptional attention to fine details and finishing. It is also important to target consumers with high spending ability.
A real-world example of a business that uses this strategy is Nike.
Cheers
When given one variable value, the value of other variables can be easily estimated. This applies to which type of graph? a. Line c. Scale b. Bar d. Both A and B
Answer: d.
Both A and B
Explanation: 100% EDGE
Answer:
d. both A and B
Explanation:
When given one variable value, the value of other variables can be easily estimated with a line and scale graph.
Sadie Equestrian Services established a petty cash fund in the amount of $500 on June 1, 2013. On June 30, a review of the petty cash vouchers showed disbursements for the following: Stamps $60 Cab Fare for Ms. Sadie to attend meeting downtown $28 Dinner for employees working overtime $185 Messenger Costs for delivering legal documents $54 Advance to salesperson for attending networking event $25 Purchase of emergency office supplies $69. The Petty cash fund had a remaining cash balance of $77. The proprietor, Ms. Sadie also decided to increase the size of the Petty Cash fund to $700. Journalize the following:
a) Transaction to establish
Petty Cash Fund
b) Transaction to replenish
Petty Cash Fund on June 30
c) Transaction to increase the size of the
Petty Cash Fund
Answer:
a. Date Description Debit Credit
1-Jun Petty cash fund $500
Cash $500
[To open the petty cash fund]
b. Date Description Debit Credit
30-Jun Stamps 60
Cab fare 28
Dinner expense 185
Messenger cost 54
Advance to sales person 25
Office supplies 69
Cash short and over 2
Petty cash fund 423
[To replenish the petty cash fund]
c. Date Description Debit Credit
June 30 Petty cash [$700-$500] $200
Cash $200
[To increase the petty cash fund]
The balance sheet for Appalachian Corporation at the end of the current year includes the following:
Bonds payable, 6% $5,000,000 6%
Preferred stock, $100 par 1,000,000
Common stock, $10 par 2,000,000
Net income was $565,000 and income tax expense for the current year amounted to $285,000.
Cash dividends paid on common stock were $200,000, and the common stock was selling for $28 per share at the end of the year.
There were no ownership changes during the year. Determine each of the following:
a. Number of times bond interest charges are earned;
b. Number of times preferred dividends are earned;
c. Earnings per share on common stock;
d. Price-earnings ratio;
e. Dividends per share of common stock; and
f. Dividend yield.
According to the question, the answer should be the Number of times preferred dividends are earned. Therefore option B is correct.
What is a dividend?A dividend is a payment made by a corporation to its shareholders that is decided by the board of directors. Dividend payments are frequently made quarterly and might take the form of cash payments or stock reinvestments.
The dividend yield, which is the dividend per share, is expressed as a percentage of the share price of a company, for example, 2.5%. If a common shareholder of a dividend-paying company owns the stock on the ex-dividend date or earlier, they are eligible to receive a distribution.
By using their voting powers, shareholders must approve dividends. Despite the fact that stock dividends are less prevalent than cash dividends, they are still a possibility. Different exchange-traded funds (ETFs) and mutual funds also provide dividends.
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PinaCompany is preparing its master budget for 2017. Relevant data pertaining to its sales, production, and direct materials budgets are as follows.
Sales: Sales for the year are expected to total 1,200,000 units. Quarterly sales are 20%, 25%, 26%, and 29%, respectively. The sales price is expected to be $40 per unit for the first three quarters and $43 per unit beginning in the fourth quarter. Sales in the first quarter of 2018 are expected to be 15% higher than the budgeted sales for the first quarter of 2017.
Production: Management desires to maintain the ending finished goods inventories at 25% of the next quarter’s budgeted sales volume.
Direct materials: Each unit requires 2 pounds of raw materials at a cost of $10 per pound. Management desires to maintain raw materials inventories at 10% of the next quarter’s production requirements. Assume the production requirements for first quarter of 2018 are 510,000 pounds.
Required:
Prepare the sales, production, and direct materials budgets by quarters for 2017.
Answer:
where is the question
Explanation:
Assume that you are part of the accounting team for Logan Digital. The company currently expects to sell 362 units for total revenue of $16,300 each month. Logan Digital estimates direct materials costs of $3,150, direct labor costs of $4,200, variable overhead costs of $2,100, and variable selling and administrative costs of $1,050. Fixed costs of $4,800 are also expected, which includes fixed overhead and selling and administrative costs. Using this information, complete the contribution margin income statement shown below.
Logan Digital is examining cost behavior patterns. Your recommendation is to first determine the break-even point in units. First, calculate the contribution margin (CM) per unit (rounded to the nearest dollar).
Next, complete the formula below to determine the break-even units.
Total Fixed Costs / Contribution Margin per Unit = Units
A profit-volume graph helps managers to visualize the relationship between profits and units sold. The data for Logan Digital has been used to construct the profit-volume graph below. The purple points (diamond symbols) plot the profit line. The operating loss is the shaded area bordered by the red points (cross symbols). The operating profit is the area bounded by the green points (triangle symbols). Graph the correct profit-value graph.
APPLY THE CONCEPTS: Effect of Changes to Sales Price, Variable Costs and Fixed Costs
Now consider each of the following scenarios for Logan Digital. Calculate the contribution margin (CM) per unit, rounded to nearest dollar, and the new break-even point in units, rounded to the nearest whole unit, for each scenario separately.
Scenario 1 Scenario 2 Scenario 3
Logan will dispose of a machine in the factory. The depreciation on that equipment is $500 per month. After some extensive market research, Logan has determined that a sales price increase of $2 per unit will not affect the sales volume and will be effective immediately. Logan has been experiencing quality problems with a materials supplier. Changing suppliers will improve the quality of the product but will cause direct materials costs to increase by $1 per unit.
Full question attached
Answer and Explanation:
Please find attached
Given the following information regarding an income producing property, determine the internal rate of return (IRR) using levered cash flows. Expected Holding Period: 5 years; 1ˢᵗ year Expected NOI: $89,100; 2ⁿᵈ year Expected NOI: $91,773; 3ʳᵈ year Expected NOI: $94,526; 4ᵗʰ year Expected NOI: $97,362; 5ᵗʰ year Expected NOI: $100,283; Debt Service in each of the next five years: $58,444; Current Market Value: $885,000; Required equity investment: $221,250; Net Sale Proceeds of Property at end of year 5: $974,700; Remaining Mortgage Balance at end of year 5: $631,026.A) 10.6%B) 12.2%C) 22.9%D) 33.4%
Question options:
A. 10.6%
B. 22.9%
C.33.4%
D.12.2%
Answer and Explanation:
Find attached
Panarin Company entered into two contracts on the same date with Hjalmarsson Corporation. Pana has provided the following analysis of price and cost for the contracts: Hjalmarsson, the customer, may cancel both contracts if either of them is not fulfilled by Panarin in a timely manner. Stand-alone prices are typically $120,000 for the goods in Contract A and $80,000 for the goods in Contract B.
Required:
1. Should the two contracts be combined for purposes of applying the 5-step revenue recognition model?
2. What amount of revenue should Panarin associate with each of the contracts?
3. When should revenue be recognized on each of the contracts?
Here are some missing parts of your question.
contract price for a = 125,000, for b = 80,000
cost of related goods for a = 70,000 for b = 55,000
Explanation:
1. Both contracts should be combined for the the purpose of applying this model. so the answer is yes
2.
120000 + (5000 x 60%)
= 120000 + 3000
= $123000
80000 (5000 x 40%)
= 80000 + 2000
= $82000
from the question we were told that prices for Contract A is $120,000 while prices for Contract B is $80,000. the Contract price of Contract A put to be $125,000. so we have $5,000 more that should be shared between the contracts a and b. so the obligations for goods from A is calculated to be $123,000 and tht of contract B is $82,000.
c.
when control of goods is shifted to customer then the revenue has to be recognized
Humana Hospital Corporation installed a new MRI machine at a cost of $780,000 this year in its medical professional clinic in Cedar Park. This state-of-the-art system is expected to be used for 5 years and then sold for $100,000. Humana uses a return requirement of 24% per year for all of its medical diagnostic equipment. As a bioengineering student currently serving a Co-op semester on the management staff of Humana Corporation in Louisville, Kentucky, you are asked to determine the minimum revenue required each year to realize the expected recovery and return.
a. What is your answer?
b. If the AOC is expected to be $80,000 per year, what is the total revenue required to provide for recovery of capital, the 25% return, and the annual expenses?
c. Write the spreadsheet functions to display your answers.
Answer:
A) $277824
B) $357824
C) 80000 - PMT(25%,5,780000,0) + PMT ( 25%,5,0, - 100000 )
Explanation:
MRI machine cost = $780000
Salvage value of the MRI machine = $100000
Return requirement = 25% per year
A) Determine the the minimum revenue required each year to realize the expected recovery and return
Principal cost ( p )= $780000
salvage value ( S ) = $100000
i = 25%
n = 5 years
Minimum revenue per year
CR = - 780000 ( A / P , 25%,5 ) + 100000( A/P , 24%,5)
= - 780000 ( 0.3718 ) + 100000 ( 0.1218 )
= - 290004 + 12180 = -$277824
which means the minimum revenue required each year = $277824
B) If AOC = $80000
The total revenue required = $80000 + $277824
= $357824
C) spreadsheet functions to display answers
80000 - PMT(25%,5,780000,0) + PMT ( 25%,5,0, - 100000 )
If the economy is on the production possibilities frontier, which of the following might allow the economy to increase its capacity?
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
a
Increase consumption and decrease government spending
b
Decrease exports
c
Decrease imports
d
Increase government spending
Answer:
The Correct Answer is A
Increase consumption and decrease government spending
Explanation:
In macroeconomics, the PPF is the tip at which a nation's economy is most efficiently manufacturing its multiple services and goods, therefore designating its sources in the best means possible.
In a market report, the production possibility frontier is a curve representing the different amounts of two commodities that can be created both depend on the same measurable resources.
The Butler-Perkins Company (BPC) must decide between two mutually exclusive projects. Each costs $6,750 and has an expected life of 3 years. Annual project cash flows begin 1 year after the initial investment and are subject to the following probability distributions:
Project A Project B
Probability Cash Flows Probability Cash Flows
0.2 $6,000 0.2 $0
0.6 $6,750 0.6 $6,750
0.2 $7,500 0.2 $17,000
BPC has decided to evaluate the riskier project at 11% and the less-risky project at 8%.
What is each project's expected annual cash flow?
A. Project A. B. Project B. Project B's standard deviation (?B) is $5,444 and its coefficient of variation (CVB) is 0.73. What are the values of (?A) and (CVA)?
Answer:
Explanation:
Project A Project B
Probability Cash Flows Probability Cash Flows
0.2 $6,000 0.2 $0
0.6 $6,750
Laws governing sales are only enacted when the rights of an organization are infringed upon
True
False
Answer:
This is true for odyssey-ware
Explanation:
For each of the following, is the business a price-taking producer?
Indicate what components of GDP (if any) each of the following transactions would affect.
Transaction Consumption Investment Government Net Exports
Purchases
You buy a new Toshiba computer
Ford manufactures a Focus and sells it to Avis, the car rental company
Dell sells a desktop computer from Its inventory to the Johnson family
Aunt Jane buys a new house from a local builder.
The federal government sends your grandmother a Social Security check.
Texas hires public mlddie school teachers
You pay a domestic plumber for fixing a leak in your bathroom.
Uncle Paul pays a domestic contractor for renovating hlis home Save & Continu Grade
It Now Continue without saving
Answer:
It will fall under Consumption if it is a commodity or non-capital good purchased.
It will fall under Investment if it is a capital good that was sold or purchased.
It will fall under Government Spending if the Government bought or paid for it.
It will fall under Net Exports if it involves the purchase of goods from another country or the sale of goods to another country.
You buy a new Toshiba computer - CONSUMPTION AND NET EXPORTS.
Toshiba is a Japanese Company.
Ford manufactures a Focus and sells it to Avis, the car rental company. INVESTMENT.
It becomes a capital good to Avis.
Dell sells a desktop computer from its inventory to the Johnson family . - CONSUMPTION and INVESTMENT.
The Desktop is considered a capital good as it can be an investment by the family to produce goods or services.
Aunt Jane buys a new house from a local builder. INVESTMENT
Housing is a capital good.
The federal government sends your grandmother a Social Security check. - TRANSFER PAYMENT which means it is not to be included in GDP.
Texas hires public middle school teachers . - GOVERNMENT SPENDING.
Texas will be spending to pay teacher's salaries.
You pay a domestic plumber for fixing a leak in your bathroom. - CONSUMPTION.
Uncle Paul pays a domestic contractor for renovating his home - CONSUMPTION.
This is housing but it involves buying goods to change the appearance of the house not buying the house itself.
Suppose that per-unit costs for Alpha-Zeta Co. are $25 when they are producing 50,000 units. Now suppose that the firm increases production to 50,100 units and total costs are $2,000,000 at that level of production. Question: What is occurring as the firm increases production from 50,000 to 50,100 units?
Answer:
Diseconomies of scale due to the fact that per unit cost increased from $25 to $39.92
Explanation:
Economies is scale is when a larger production is a product leads to reduced cost of production.
For example if production of 1,000 units of a good costs $20 per unit, but production of 1,500 units goes for $17. The cost of production per unit reduces. So there is economies of scale.
In the given scenario production of 5,000 units is at $25 per unit.
While at 5,100 units it is (2,000,000 ÷ 50,100) = $39.92
So this is a diseconomies of scale.
The readings suggest there are certain strategies for pricing new products, which is decidedly more difficult than adjusting prices to existing products. The new product pricing approaches are:SkimmingPenetrationEveryday low pricesThe pricing approaches discussed for existing products are:Cost plusMarkupMarkdownOdd-even pricingPrestige pricingPrice liningDemand backward pricingLeader pricingSealed bid pricingGoing-rate pricingPrice bundlingCaptive pricingProduct mix pricingTwo-part pricingPromotional pricingThere is no shortage of pricing approaches, and as customers, we are exposed to all of them at some time or another in our purchasing processes.Choose one of the pricing approaches and discuss the product, the pricing approach, and why you think it is the most appropriate approach for that particular product given your consumer characteristics. Be sure you understand the definition of your approach before tackling this topic.Many of you will be tempted to use promotional pricing since it is the easiest to demonstrate. So promotional pricing is not "for sale" (pun intended). Pick one of the other approaches for this topic.
Explanation:
Penetration Pricing:
It is the marketing approach that consists of a strategy to insert a new product in the market offering lower prices.
This strategy would help a new company, for example, to enter the market and already achieve good demand for its products and services, in addition to this strategy being a barrier of entry for new competitors.
Penetration pricing is the most appropriate marketing strategy for companies that need to reach a market place and reach a large number of people, which is achieved when offering a product with quality and benefits that can create consumer needs for customers, which makes it possible for the company to fulfill its objective and then be able to establish itself in the market and then increase prices so that the demand for the products is maintained.
This strategy is generally used by retailers and organizations that offer products offered in bulk, such as food, cosmetics, automobiles, etc.
HELP ME ASAP!!
_______ is the design of buildings and creation of building plans, or
blueprints.
O Construction
O Marketing
O Architecture
O Drafting
Answer:
Architecture
:):)
Explanation:
hope I help!!:)
Im learning same thing and just completed that, I know its Architecture!!!!
U.S. employees work harder now than ever before, and almost 75 percent report regularly experiencing job-related stress symptoms. Stress costs organizations an estimated $30 billion a year in lost productivity, and hundreds of billions a year if you include health care costs and absenteeism. This activity is important because managers can help to decrease unnecessary workplace stressors, and can help employees to experience fewer stress symptoms, if they are attuned to the sources from which workplace stress can manifest. The goal of this exercise is to challenge your knowledge of the six sources of work-related stress.
For each person, select the source of job-related stress that his or her example best depicts:
a. Demands created by individual differences
b. Individual task demands
c. Individual role demands
d. Worklife balance
e. group demands
f. Organizational demands
Answer:
1. Cedrick tends to worry about things in his life, regardless of what’s going on in his job or whether he is facing anything objectively stressful.
d. Worklife balance
2. Chien-Shiung has to miss his daughter’s softball game because he is committed to a work meeting.
d. Worklife balance
3. Lourdes works as a barista at a very busy campus Starbucks location.
c. Individual role demands
4. Danilo feels anxiety every morning on his commute to work thinking about the fact that he will be spending the next 8 hours with his coworkers who are neither kind nor helpful to one another.
a. Demands created by individual differences
5. Ang manages the front desk at a New York City hotel and has to pretend that he is happy and cheerful all day long, even when customers are rude to him or his employees.
c. Individual role demands
6. Norman works a full-time 8 to 5 job but also does consulting work on the side. He is stressed trying to decide whether he should take two days off from his full-time job, thus putting himself behind on tasks, in order to take advantage of a lucrative consulting opportunity.
b. Individual task demands
7. Teri’s direct supervisor often ignores subordinates’ concerns, manipulates others to get ahead, and engages in unethical behavior.
a. Demands created by individual differences
8. Violeta’s office feels overly stimulating to her. There are too many people crammed into the space, the overhead fluorescent lighting causes her daily headaches, and there are no walls to provide any quiet or privacy for employees.
e. group demands
9. Ahmed’s company expects its employees to be available 24 hours a day. Last week he spent the weekend hiking with friends but was on his phone responding to emails half the time. He knew that if he ignored the emails his boss would reprimand him on Monday.
f. Organizational demands
10. Farrah is always on the go. She keeps a to-do list for everything, speed walks between meetings, and often feels impatient.
b. Individual task demands
11. Devisha’s manager tends to assign projects without giving much explanation for how employees’ performance will be evaluated. Devisha is experiencing work stress because she has no idea whether she is performing well or not and won’t be sure until her annual evaluation.
b. Individual task demands
12. Philip and his spouse just adopted a baby. Philip is taking a month of paternity leave, and because of this he knows he will likely miss out on being assigned to a project that he was looking forward to working on.
d. Worklife balance
Explanation:
a. Demands created by individual differences: These differences arise by virtue of the fact that humans have different personalities and behaviors that might make us clash with them or misunderstand them.
b. Individual task demands: These problems arise when employees are unsure of the changes that might occur in the jobs given them to accomplish.
c. Individual role demands: These stress issues occur by virtue of the position the employee holds.
d. Worklife balance: This occurs when individuals try to balance life both at home and at work.
e. Group demands: Are stress-related issues that arise due to an employee having to work with others.
f. Organizational demands: Are the stress that arises because of the demands imposed by the company an employee works with.
1. All receivables that are expected to be realized in cash within a year are reported in the __________ section of the balance sheet. current assets investments noncurrent assets current liabilities
Answer:
A. current assets
Explanation:
In Financial accounting, Accounts Receivable are considered to be a current asset because it is the payment a business firm would receive from its customers for goods purchased or services taken on credit. Also, accounts receivable are recorded in the current assets section of the balance sheet because they add value to a business firm.
Generally, current assets are considered to be liquid because they are listed on the balance sheet in the order (descending) in which they are expected to turn or be converted to cash within a relatively short term period.
Hence, receivables are current assets on the balance sheet, which are listed in order of liquidity.
All receivables that are expected to be realized in cash within a year are reported in the current assets section of the balance sheet.
Joy is looking into many different career choices. She is leaning toward the Information Technology cluster. Why
would this be a better career choice than some of the other options she was looking into?
O IT jobs are projected to increase fourteen percent between 2010 and 2020.
O IT jobs are projected to increase twenty-two percent between 2010 and 2020.
O IT jobs are projected to increase thirty-five percent between 2010 and 2020.
O IT jobs are projected to increase forty-seven percent between 2010 and 2020.
Answer:
B
Explanation:
Because I took the unit test review on edge and got it right
Answer:
bbbbbbbbbbbbbbbbbbbbbbbbb
Explanation:
Mortar Corporation acquired 80 percent ownership of Granite Company on January 1, 20X7, for $173,000. At that date, the fair value of the noncontrolling interest was $43,250. The trial balances for the two companies on December 31, 20X7, included the following amounts:
Item Mortar Corporation Granite Company
Debit Credit Debit Credit
Cash $38,000 $25,000
Accounts Receivable 50,000 55,000
Inventory 240,000 100,000
Land 80,000 20,000
Buildings and Equipment 500,000 150,000
Investment in Granite Company Stock 202,000
Cost of Goods Sold 500,000 250,000
Depreciation Expense 25,000 15,000
Other Expenses 75,000 75,000
Dividends Declared 50,000 20,000
Accumulated Depreciation $155,000 $75,000
Accounts Payable 70,000 35,000
Mortgages Payable 200,000 50,000
Common Stock 300,000 50,000
Retained Earnings 290,000 100,00
Sales 700,000 400,00
Income from Subsidiary 45,000
$1,760,000 $1,760,000 $710,000 $710,000
Additional Information:
a. On January 1, 20X7, Granite reported net assets with a book value of $150,000 and a fair value of $191,250.
b. Accumulated depreciation on Buildings and Equipment was $60,000 on the acquisition date.
c. Granite's depreciable assets had an estimated economic life of 11 years on the date of combination.
d. The difference between fair value and book value of Granite's net assets is related entirely to buildings and equipment.
Required:
Give all journal entries recorded by Mortar related to its investment in Granite during 20X7.
Answer:
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Explanation:
sdhfd dyhdf jkdfgd fhkdfksdgusbmnj64 uey734n vui8 34bnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnbnb ky khr uy