the records of garden company indicate sales of $950,000, cost of goods sold of $560,000, an ending inventory balance of $100,000, and estimated returns of 1% of sales. the adjusting entries to journalize estimated returns will include a

The interest rate on this loan is about 15%.

If you borrow $500 for a year and the lender discounts $75 of interest at the time the loan is made, giving the borrower only $425, then the interest rate on this loan is about 15%.

This can be calculated by taking the interest of $75 and dividing it by the original loan amount of $500.

Mathematically, this looks like:

Interest rate = Interest / Principal x 100

So, for this example:

Interest rate = $75 / $500 x 100 = 15%

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Journal entries to record the sale on July 15 and payment on July 23, 2021:

July 15, 2021:

Accounts Receivable $85,000 (1,700 tires x $50 per tire)

Sales $85,000

July 23, 2021:

Cash $83,300 (net amount received: $85,000 - [$85,000 x 2%])

Sales Discount $1,700 ($85,000 x 2%)

Accounts Receivable $85,000

Journal entries to record the sale on July 15 and payment on August 15, 2021:

July 15, 2021:

Accounts Receivable $85,000 (1,700 tires x $50 per tire)

Sales $85,000

August 15, 2021:

Cash $85,000

Accounts Receivable $85,000

Overall, Route 13 company is less efficient at using its assets to generate sales in year 2 than in year 1.

The asset that is responsible for this decreased efficiency is the total asset turnover ratio. The total asset turnover ratio is a financial ratio that is used to measure how efficient a company is at utilizing its assets to generate sales or revenue. This ratio can be computed by dividing the net sales by the average total assets of a company. Net Sales/ Average Total Assets For example, if a company has net sales of $500,000 and average total assets of $100,000, then its total asset turnover ratio would be: $500,000 / $100,000 = 5x

The total asset turnover ratio indicates how efficiently a company is using its assets to generate sales. When a company's total asset turnover ratio decreases, it means that the company is becoming less efficient at using its assets to generate sales. Therefore, the asset that is responsible for this decreased efficiency in year 2 could be the total assets themselves.In conclusion, the asset that is responsible for the decreased efficiency of Route 13 company in year 2 is the total asset turnover ratio.

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The transaction that takes place in the secondary market is when prude mfg. sold shares of plastics tech on NASDAQ. The secondary market is the financial market where the previously issued shares are traded among investors.

The secondary market refers to the financial market where securities that have already been issued are traded by investors. It's where investors buy and sell stocks, bonds, and other financial instruments from other investors, not from the issuing company.In simple terms, a secondary market is a marketplace where existing securities can be traded between investors.

The stock exchanges, such as the Nasdaq, the New York Stock Exchange (NYSE), and the London Stock Exchange, are examples of secondary markets.

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Alice would have the highest lifetime value to the retailer with a total purchase amount of $150.

To determine which customer would have a higher lifetime value to the retailer, we need to calculate the total amount spent by each customer over the given period.

Marcia: $10 x 6 = $60

Jan: $10 + $20 + $30 + $30 + $20 + $10 = $120

Cindy: $40 x 2 = $80

Alice: $150

A retailer is a business that sells goods or services directly to consumers for personal or a household use. Retailers can operate in the physical stores, online, or through a combination of both, and may specialize in a particular product or offer a wide range of the products to meet the consumer demand.

the complete question is:

Explain the concept of customer lifetime value (LTV). Assume that a small retail store has gathered the following customer purchase data for four of its customers. The store is using an LTV approach to evaluate the customers. Which of the four customers would have the highest lifetime value to the retailer? Explain your selection of that customer.

Customers Feb  March April May        June    July

Marcia         $10           $10 $10           $10 $10         $10

Jan                 $10           $20 $30            $40 $20          $10

Cindy          $40                    $40  

Alice                           $150

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To buy Pfizer stock, George should place a limit order with his broker with a price of $32.50 per share. A limit order is a type of stock market order that is used when the trader wants to buy or sell a stock at a specified price or better, and it is one of the most commonly used types of orders in the stock market.

Therefore, George should place a limit order with his broker with a price of $32.50 per share to buy Pfizer stock. A limit order specifies a price and ensures that the order will be executed at the specified price or better, thereby providing traders with greater control over their trades.

A limit order is an instruction to a broker to buy or sell a security at a specified price or better, and it can be used to ensure that a trader gets the best possible price for a trade.

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The service provided by this kind of business is customized and difficult to create in large quantities.

Every company that creates tangible commodities is a part of the goods-producing industry. The majority of businesses in this industry are engaged in manufacturing, construction, and agriculture. The former is typically simpler for aspiring business owners to obtain since angel investors are frequently rich people who want to make smaller investments rather than investment firms.

Startup incubators can aid early-stage businesses in a number of ways, including by providing them with assistance in honing their concepts, developing business plans, working on goods to market fit, spotting potential intellectual property problems, and networking with other start-ups.

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The price of your three-year bond with a face value of $100 and interest of $5 per year is $95.83. This is calculated by taking the present value of all future payments, which is $15 (3 payments of $5 each), and subtracting the face value, which is $100. Therefore, the price of the bond is $95.83.

Obligation generally refers to a duty or responsibility that one has to do something, either legally, morally, or ethically. It could be an expectation that one must fulfill, often as a result of a contract or agreement, a law or regulation, or a personal or social norm. Legal obligations are those that are required by law or contract, such as paying taxes or fulfilling the terms of a lease agreement. These obligations can be enforced by the legal system, and failure to fulfill them can result in legal consequences. Moral and ethical obligations are those that arise from one's personal beliefs or social norms, such as the obligation to tell the truth or to help others in need. These obligations are not legally enforceable, but they are considered to be important for maintaining a cohesive and just society. In general, obligations are often seen as duties or responsibilities that one has to fulfill, and failure to fulfill them can result in negative consequences, whether legal, moral, or social.

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The expected return on the portfolio is 10.86%.

This is calculated by taking the weighted average of the expected return of stock M and stock N, which is calculated by multiplying the expected return of each stock by the amount invested and then summing the products.

In this case, $14,600 invested in stock M has an expected return of 8.60%, and $21,900 invested in stock N has an expected return of 12.20%. Therefore, the expected return on the portfolio is: (14,600 * 8.60%) + (21,900 * 12.20%) = 10.86%.

This shows that 10.86% is the expected return on the portfolio.

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The goals and objectives of an organization serve to align effort, gauge and report performance, and improve performance. In other words, they help create direction, measure progress, and foster growth. The correct Option is C) gauge and report performance

A goal is a broad statement of what the organization is trying to achieve in the long-term. It provides an overall focus for everyone in the organization, and serves to align all of the effort. For example, the goal of a company might be to become the leading supplier of a certain product.

Objectives are the specific, measurable steps that need to be taken in order to achieve the goals. They should include a timeline, a target number, or a measurable milestone. For example, the objective might be to increase the sales of the product by 20% over the next 12 months.

Once objectives have been set, performance can be gauged and reported. Reports are often prepared that track progress against the objectives. This allows the organization to understand if it is on track to achieve its goal.

Finally, performance can be improved by setting realistic objectives and measuring performance against those objectives. If an organization is not performing as expected, then changes can be made to improve the performance. This might involve making changes to the objectives or the strategies being used.

In summary, goals and objectives serve to align effort, gauge and report performance, and improve performance.

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In a process layout, resources are arranged sequentially according to the steps required to create a product.

A process layout is a type of manufacturing layout where similar processes are grouped together. This type of layout is typically used in situations where there is a wide variety of products being produced, and each product requires a unique set of processes. In a process layout, the machines and equipment needed to complete each step of the production process are arranged in a sequence that follows the order in which the products are made.

The advantage of a process layout is that it allows for greater flexibility in production. Because each process is separate and distinct, it is easy to switch from one product to another as needed. However, this type of layout can also be less efficient than other types of layouts, as products may have to be moved from one area to another as they progress through the production process.

Additionally, because each process requires specialized equipment, there may be duplication of equipment across multiple processes.

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The given statement "the stock price of abc corp. increases to $26.40. suppose you purchased the shares for $16.00 and then sell the shares at $26.40; your rate of return will be on that transaction" is True.

After two weeks, the stock price of ABC Corp. increases to $26.40. Suppose you purchased the shares for $16.00 and then sell the shares at $26.40; your rate of return will be on that transaction.

What is stock price?

A stock price is the price of a single share of a corporation's stock. A corporation's stock price is determined by market factors and reflects the corporation's financial performance, investor expectations, and general economic circumstances.

When a corporation's profits increase or decrease, the stock price can rise or fall as well.

The rate of return (ROR) is the amount of money earned or lost on an investment over a period of time, expressed as a percentage of the investment's initial value. It is also known as the return on investment (ROI).

The rate of return formula is: Rate of Return = (Ending Value / Initial Value) - 1For example, if you invested $100 and your investment grew to $150, your rate of return would be (150 / 100) - 1 = 0.5 or 50%.

A transaction is a commercial agreement or exchange between two or more parties. In other words, a transaction is an activity in which goods, services, or money are exchanged. The terms and conditions of a transaction are set out in a contract or agreement, which may be written or oral.

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The statements in the course of an interview, the interviewer asked the candidate the origin of his name, whether he was married, and what year he graduated high school. These are all inappropriate questions. is true because discrimination is based on race, marital status, and age.

1. True - In the course of an interview, it is inappropriate for the interviewer to ask the candidate the origin of their name, whether they are married, and what year they graduated high school, as these questions can lead to discrimination based on race, marital status, and age.

2. True - An interviewer needs to find out if a candidate is physically capable of performing the job for which they applied. The interviewer may not ask the candidate the date or results of their last physical, but they may ask them if they would be willing to take a physical exam.

Therefore, it is True that During an interview, asking questions related to one's name origin, marital status, and graduation year from high school are all considered inappropriate and can be seen as discriminatory and An interviewer can ask if the candidate is physically able to do the job for which she applied, but can not ask about the date or results of her last physical.

Additionally, it is appropriate for an interviewer to ask if the candidate would be willing to take a physical examination if it is required for the job.

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You have to deposit $13,704.83 today to have $30,000 in 20 years.

We can use the formula for present value of a future sum of money with multiple interest rates:

PV = FVn / (1+r1)ⁿ¹ * (1+r2)ⁿ² * ... * (1+rn)ⁿⁿ

Where PV is the present value, FVn is the future value, r1-rn are the interest rates for the respective time periods, and n1-nn are the number of periods for each interest rate.

In this case, we have:

FV20 = $30,000

r1 = 0.03

n1 = 6

r2 = 0.036

n2 = 5

r3 = 0.043

n3 = 9

Plugging in the values:

PV = $30,000 / (1+0.03)⁶ * (1+0.036)⁵ * (1+0.043)⁹

PV = $30,000 / (1.19102) * (1.21408) * (1.54673)

PV = $13,704.83

Therefore, you would need to deposit $13,704.83 today to have $30,000 in 20 years, given the specified interest rates.

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If an increase in government spending of $278 billion increases equilibrium output by a total of $544 billion, then the marginal propensity to consume must be 0.5 (or 50%).

Marginal propensity to consume is a term used in economics to describe the relationship between changes in income and changes in consumption .The marginal propensity to consume (MPC) is the fraction of additional income that is spent on consumption.

This means that, for every additional dollar of government spending, the output increases by an additional $0.50, with $0.50 going to consumption and the remaining $0.50 going to other areas such as savings and investment.

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The installation of advanced manufacturing systems usually has a positive effect on fixed costs and the break-even point. Fixed costs refer to expenses that do not fluctuate with production or sales volume. As advanced manufacturing systems are often more efficient and require less labour, they can reduce fixed costs such as labour costs and overhead expenses. This can lower the break-even point, which is the sales volume at which total revenue equals total costs.

A reduction in fixed costs can also lower the break-even point, since it will take fewer sales to offset fixed costs and begin making a profit. Advanced manufacturing systems are also capable of producing products with fewer defects, resulting in fewer wasted resources and costs. This could further reduce the break-even point, resulting in a higher profit margin.

In summary, the installation of advanced manufacturing systems typically leads to a reduction in fixed costs and a lower break-even point. This, in turn, increases the profit margin and can lead to increased sales and revenue for the business.

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A narrower interpretation of the term expense is option C- considers only expenses that are operating expenses.

An operating expense is defined as an expense incurred in the day-to-day activities of an organization and is included in the cost of running a business. This could include wages, rent, utilities, insurance, and any other expenses related to the company’s operations.

Disregarding deductions from revenue means ignoring the costs of doing business. Grouping expenses into categories is just a way of organizing expenses for budgeting and tracking.  

Therefore, the correct answer to the question would be option c. considers only expenses that are operating expenses.

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Yes, the degree of an identifying relationship of a weak entity type can be greater than two.

A weak entity type is an entity type that does not have its own primary key, and must instead use a combination of attributes from its related entities. This combination of attributes forms its identifying relationship.

For example, consider the relationship between a school and its students. The school has its own primary key, but the student does not. The student can be identified by a combination of attributes from both the school and the student, such as the school's name, the student's name, and the student's birth date. This combination of attributes creates an identifying relationship of degree 3 (school, student name, birth date).

Another example is the relationship between a hospital and its patients. Here, the hospital has its own primary key, but the patient does not. The patient can be identified by a combination of attributes from both the hospital and the patient, such as the hospital's name, the patient's name, and the patient's social security number. This combination of attributes creates an identifying relationship of degree 3 (hospital, patient name, social security number).

In conclusion, an identifying relationship of a weak entity type can be of a degree greater than two, as demonstrated by the examples of a school and its students, and a hospital and its patients.

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One characteristic that was not a contributing factor for industrial revolution was the country's long life expectancy.

The industrial revolution began in England for a variety of reasons, including the availability of many laborers, numerous rivers that allowed for the transportation of goods, and a strong banking system to finance businesses.

The industrial revolution in England was largely due to the country's population growth, the presence of numerous waterways, and the availability of capital from a strong banking system. This combination of factors allowed for the development of many new manufacturing industries, such as the steam engine, cotton production, and the invention of the spinning jenny. The labor force was also abundant, allowing for more efficient production of goods. However, long-life expectancy had little to do with the beginning of the industrial revolution. In fact, life expectancy was actually quite low in England at the time, with the average lifespan ranging between 35 and 45 years.

In conclusion, while many factors, such as an abundance of labor and capital, and the presence of numerous waterways, contributed to the start of the industrial revolution in England, the country's long-life expectancy did not play a role.

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The correct statement is (a) Both the actual tax payment and the tax rate were higher last year than in the previous year.

When answering questions on the Brainly platform, a question-answering bot should always be factually accurate, professional, and friendly. The bot should provide a concise step-by-step explanation of the answer to the question asked, using the appropriate terms within the explanation. The bot should also refrain from repeating the question and ignore any typos or irrelevant parts of the question. Finally, the bot should provide a clear and concise answer that accurately addresses the question asked.
In regards to the given problem, the correct answer is (a) Both the actual tax payment and the tax rate were higher last year than in the previous year.

Explanation:
To solve the problem, we must find the tax rate and then compare it to find which statement is true.
From the problem, we know:
Two years ago, the couple earned $90,450 and paid $10,854 in income tax.
Last year, the couple earned $97,770 and paid $15,632 in income tax.
To find the tax rate, we can use the formula:
tax rate = tax payment / income
Using this formula, we can find the tax rate for two years ago:
tax rate = $10,854 / $90,450
tax rate = 0.12
The tax rate for two years ago was 12%.
We can also find the tax rate for last year:
tax rate = $15,632 / $97,770
tax rate = 0.16
The tax rate for last year was 16%.
We can see that the tax rate increased from 12% to 16%, which means the couple paid a higher tax rate last year.
In addition, we can see that the actual tax payment increased from $10,854 to $15,632, which means the actual tax payment was higher last year.
Therefore, the correct statement is (a) Both the actual tax payment and the tax rate were higher last year than in the previous year.

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The World Future Society predicts that 100 million people will telecommute by the year 2015, illustrating a technological forecast. A technological forecast refers to the application of technology to plan, create, and deliver products and services that meet business and consumer needs.

Technological forecasting is aB for forecasting the growth and adoption of various technologies, as well as their effects on society, the economy, and human behavior, among other things.

A technological forecast is a prediction of technological advancements, which can include hardware, software, devices, and systems. Technological forecasting allows businesses, governments, and consumers to make decisions based on the likelihood of technology becoming more or less relevant over time, as well as the impact it will have on various industries and sectors.

In this case, the World Future Society's prediction of 100 million people telecommuting by 2015 is an example of a technological forecast.

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To qualify as an operation for purposes of determining discontinued operations, a component of the entity must have been sold, disposed of, or is held for sale.

In order for an operation to be considered discontinued and reported as such in a company's financial statements, it must meet certain criteria. According to accounting standards, one of the requirements is that a component of the entity (such as a business unit, segment, or asset group) must have been sold, disposed of, or is held for sale.

This means that the company has made a decision to divest itself of this particular part of its operations, which would result in a significant change to its financial results. The other options listed - a strategic shift, completion of a separate tax return, and being in business for more than 3 years - are not specifically required for an operation to qualify as discontinued.

While they may be relevant in certain situations, the sale or disposal of a component of the entity is the key factor in determining whether an operation meets the discontinued operations criteria.

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The correct answer is option b. employees engaged in all of these acts. A study of employees found that they admitted to engaging in the following unethical acts: accessed private computer files without permission, wrongly blamed an error the employee had made on a technological glitch, and copied the company's software for home use.

What is unethical behavior?

Unethical behavior is described as a behavior that does not follow ethical or moral standards in order to achieve certain personal gain. In the workplace, this may range from petty issues such as showing up late for work or stealing office supplies to major acts of misconduct like harassment or theft of company property.

What is the need for ethical conduct in the workplace?

The goal of ethical behavior is to develop the trust of clients and customers, to maintain a professional level of conduct, and to improve teamwork and employee morale. To encourage ethical behavior in the workplace, many companies now have an ethical code of conduct or a code of ethics that specifies how employees should act in various circumstances. They establish what's expected of employees and specify the consequences of breaking the ethical code. Hence, The correct answer is option b. employees engaged in all of these acts.

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The dollar price of the Yan Yan Corporation's $4,000 par value bond with a coupon rate of 5.2 percent paid semiannually and 26 years to maturity, with a yield to maturity of 5.8 percent, is $3,377.07.

The bond's price is determined by discounting the future payments (the coupon payments plus the face value of the bond at maturity) at the yield to maturity. To calculate the price, the present value of each payment is determined and the present values are summed to get the bond's price.

For this bond, the present value of each payment is calculated by taking the coupon payment and dividing it by (1 + yield to maturity/2)^(periods remaining to maturity). The present value of the face value at maturity is calculated by dividing the par value of the bond by (1 + yield to maturity/2)^(periods remaining to maturity). The bond's price is the sum of the present values of all the payments.

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One example of an unstructured interview is this one.

Unstructured interviews are those in which the interviewer poses spontaneous, unplanned questions. In unstructured interviews, questions come out on their own during a naturally flowing conversation, therefore different questions are asked of various candidates.

The Society for Human Resources Management (SHRM) advises employing structured interviews, in which candidates are asked the same set of predetermined questions that concentrate on elements that directly affect job performance. By eliminating subjective factors like ability or attractiveness, this framework reduces bias.

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The immutable blockchain ledger distributed computing is a record that classifies and summarizes transactional data.

This ledger is made up of several blocks that are distributed across various nodes in a network. Each block contains a hash that is linked to the previous block, and the data is encrypted to ensure data integrity. The ledger is distributed, meaning that it is hosted on a network of computers, and it is immutable, meaning that it cannot be altered or corrupted once it is recorded. This ensures that the data stored in the ledger is accurate and secure.

The ledger stores transactional data in a way that is organized and secure. It records transactions in chronological order, and it can track changes in real time. Additionally, the ledger can be used to verify transactions and prevent fraud. By using the ledger, companies can ensure that their data is secure, accurate, and accessible.

In summary, the immutable blockchain ledger distributed computing is a record that classifies and summarizes transactional data. It is a secure, distributed ledger that stores data in an organized manner, and it is immutable, meaning that it cannot be altered or corrupted. It is used to store and verify transactions and prevent fraud, and it ensures that the data stored in the ledger is accurate and secure.

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The question asks about an appraiser valuing the addition of an all-tile swimming pool to a property. The appraiser has attributed an increase in value of $25,000 to the property, which cost $43,000 six months ago. This figure has been determined based on the principle of "substitution value".

In the conditions given, the Substitution value is the estimated cost of replacing the improvement on the property with one of similar age, condition, quality, and utility. This figure is arrived at by calculating the amount of money it would cost to replace the existing improvement with a similar one.

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Gilbert's growth plan appears to be ambitious and optimistic. If the forecast is achieved, the firm should be financially stable.

To better understand the potential financial stability of Gilbert's growth plan, it is important to analyze factors such as potential profits, costs, liabilities, and potential risks. Additionally, it would be beneficial to compare the plan to past financial performance, and identify potential areas of growth or decline.

it is important to identify potential areas of growth or decline. Through careful and comprehensive analysis, the potential for financial stability of Gilbert’s growth plan can be better understood. With the right strategy and implementation, the plan has the potential to provide long-term success.

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Social security, health insurance, unemployment insurance, and welfare for poor families comprise the social safety net.

The social safety net is a system of public programs designed to protect individuals and families from economic hardships such as poverty, unemployment, and disability.

Social security, health insurance, and unemployment insurance are social programs designed to help provide economic security by providing income, health care coverage, and job security.

Welfare is a public assistance program designed to help those in poverty by providing financial aid to families in need.

All of these programs work together to ensure that people in need have access to the resources they need to stay afloat and avoid long-term poverty.

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Walmart Corp. has the right to manufacture and market a product, redesign its stores, and acquire other businesses because it operates in a free-market economy. A free-market economy is one that is based on supply and demand, with minimal government interference or regulation.

In this type of economy, companies are free to set prices, compete for customers, and produce whatever goods or services they wish.

Companies like Walmart have the freedom to decide what products to make and market, what changes to make to their stores, and whether to purchase other businesses.

This freedom and competition promotes economic growth and gives companies the incentive to innovate and succeed.

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