Answer:
1. 1-Feb
Dr Accounts receivable 1,250
Cr Sales revenue 1,250
2 . 1-Feb
Dr Cost of goods sold 725
Cr Inventory 725
3. 9-Feb
Dr Sales revenue 312.50
Cr Accounts Receivable 312.50
4. 9-Feb
Dr inventory 195
Cr Cost of goods sold 195
5. 2-Mar
Dr Cash 937.50
Cr Accounts receivable 937.50
B. Gross profit percentage=43.47%
Explanation:
A. Preparation of the journal entries to record sales , goods return on February 9 and Cash collected on March 2
1 to 3 Preparation of the journal entries to record sales
1. 1-Feb
Dr Accounts receivable 1,250
Cr Sales revenue 1,250
2 . 1-Feb
Dr Cost of goods sold 725
Cr Inventory 725
3. 9-Feb
Dr Sales revenue 312.50
Cr Accounts Receivable 312.50
(1/4*1,250)
4. Preparation of the journal entry to record goods return on February 9
9-Feb
Dr inventory 195
Cr Cost of goods sold 195
5. Preparation of the journal entry to record collected on March 2
2-Mar
Dr Cash 937.50
Cr Accounts receivable 937.50
(1,250-312.50)
B. Calculation for the gross profit percentage for sales to Sarah's Cycles
First step is to find the gross profit
Net sales 937.50
Less Cost of goods sold (530)
(725-195 )
Gross profit 407.50
Now let calculate the Gross profit percentage using this formula
Gross profit percentage = Gross profit/Sales
Let plug in the formula
Gross profit percentage=407.50/937.50
Gross profit percentage=0.4347*100
Gross profit percentage=43.47%
If you purchase goods worth $1,000 and pay 4% in state sales tax and 0.5% in local sales tax, how much total sales tax will you pay?
- $95
- $45
- $130
- $70
Answer:
45
Explanation:
just multiply 1000 by .04 then add it to a multiplication of 1000 by .005 and u get 45
QUESTION 1 of 10: How do employment agencies normally make money?
a) Selling advertising
b) Charging a fee to the employee or business when a match is made
c) Receiving a percentage of the hiring companies revenue
d) None of the above
Employment agencies normally make money by B. Charging a fee to the employee or business when a match is made.
What is an employment agency?It should be noted that an employment agency simply means the agency that helps employers get employees to suit a particular role.
In this case, employment agencies normally make money by charging a fee to the employee or business when a match is made.
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distinguish between character formating and paragrapgh formating
Answer:
A character style is a collection of character formatting attributes that can be applied to text in a single step. A paragraph style includes both character and paragraph formatting attributes and can be applied to a paragraph or range of paragraphs. Paragraph styles and character styles are found on separate panels.
True or False: A stop-payment fee is more expensive than paying a bounced-check fee and the value of the check itself.
I'm pretty sure it is false
A stop-payment fee is used if you write the wrong amount or the wrong recipient for a personal check. Stop-Payments ensure that you will not be charged for a purchase that you cancel after sending out the check. Most banks charge the account holder a fee of 15$ - 35$ for each stop payment order
A bounced-check fee is if your financial institution does not cover the check, it then bounces and returns to the depositor's bank. You'll most likely be charged for a penalty for the rejected check; this is a nonsufficient funds fee, the costs are around 35$ or more depending on your specific financial institution
Explain 2 differences between financial accountant and management accountant
Explanation:
There are two primary differences between financial and management accounting. The first difference is that management accounting is presented to a company's internal community, while financial accounting is prepared for an external audience.
When should you receive your w-2 form from your employer?.
Answer: January 31
Explanation: by January 31 each year or the next business day if the date falls on a weekend or holiday.
When your résumé is first reviewed, a potential employer looks at it for approximately _____. A. 1 minute b. 30-45 seconds c. 15-30 seconds d. 2 minutes Please select the best answer from the choices provided A B C D.
When the résumé is first examined, a conceivable employer glances at it for approximately 15 to 30 seconds.
Option C is correct.
What is the purpose of a resume?The purpose of a resume is to furnish an overview of an individual's talents, capabilities, and achievements.
It is a temporary promotion of whom a person is. It is a “snapshot” of a person with the intention of charging and highlighting welfare and securing the individuals in an interview.
A provider skims at it for very seconds and passes it. Recruiters and leaders or employers expend an average of 15 to 30 seconds scanning a personal resume.
The resume should function as a sales instrument, developed to merchandise the job-seeker to each forthcoming employer.
Therefore, option C is correct.
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A _____ is a document that outlines specific information about your proposed business, including product, location, and marketing information. A. Financial plan b. Franchise agreement c. Partnership contract d. Business plan.
Answer:
D
Explanation:
Answer:
the answer will be d
Explanation:
because the laws of newtons explains that 2+2+4 so wheni multiply the 3 bermuda triangles i get the answer of 5,350 meaning that when you get a question asked about A _____ is a document that outlines specific information about your proposed business, including product, location, and marketing information.
a.
financial plan
b.
franchise agreement
c.
partnership contract
d.
business plan
your answer will be d
What can disqualify you from unemployment benefits.
Answer:
Quit without good cause.Were fired for misconduct.Didn't earn enough in your benefit year.Weren't employed long enough.Were self-employed.Provided false information on your unemployment compensation application.Did not actively look for a new job.(Easy & Urgent) Drag each label to the correct location on the image.
Match the factors to the type of financing adopted by the business.
Options Tiles:
A business with a poor credit rating.
A business in its growth stage.
A business which is not keen to
give up any part of its ownership.
A highly taxed company
A business which does not want
any obligation to pay back any
part of the investment
Boxes:
Equity Financing
Debt Financing
Answer:
first 2 go in dept financing the last 3 go in equity financing.
Explanation:
Hope this helps correct me if i'm wrong :)
If the United States had negative net exports, it Question 6 options: sold more abroad than it purchased abroad and has a trade surplus. sold more abroad than it purchased abroad and has a trade deficit. bought more abroad than it sold abroad and had a trade surplus. bought more abroad than it sold abroad and had a trade deficit.
If U.S bought more abroad than it sold abroad and had a trade deficit, it will have negative net exports.
What is a negative net export?A negative net export means a trade deficit which occurs because the overall value of the country's imports is greater than the overall value of its exports.
Hence, when its bought more abroad than it sold abroad and had a trade deficit, it will have negative net exports.
Therefore, the Option D is correct.
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If the average family makes $50,000 and the real GDP per capita increases 4%, that will increase the family's total income to $_____.
Answer:
$52,000
Explanation:
$50,000 + 4% = 52,000
Sorry If I misunderstood
Cameron Herold, business coach and mentor, challenges entrepreneurs to imagine the business in ______ year(s) with his concept Vivid Vision.
Cameron Herold, business coach and mentor, challenges entrepreneurs to imagine the business in three year(s) with his concept vivid vision.
Who is an entrepreneur?An entrepreneur refers to a person that creates a new business and bears most of the risks and enjoying most of the rewards.
It is to be noted that an entrepreneur is the coordinating factor of a production as well hence bear the risk involved in such coordination.
Hence, Cameron Herold, business coach and mentor, challenges entrepreneurs to imagine the business in three year(s) with his concept Vivid Vision.
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What role does product/service management play in marketing?.
Answer:
El Marketing de Servicios es un conjunto de tácticas que tienen como objetivo agregarle valor al servicio ofrecido, con el fin de persuadir al cliente para que opte por una determinada empresa. A través de una estrategia de Marketing de Servicios, es posible garantizar la máxima satisfacción de consumidores y usuarios
Explanation:
Answer:
✒️Answer:Product/service management is a marketing function that involves obtaining, developing, maintaining, and improving a product or service mix in response to market opportunities.
Explanation:
#CarryOnLearning[tex]watch.some.anime[/tex]
On May 1, Widget Company had 10 gadgets in its Inventory that cost $5 each. On May 10, it sold 5 gadgets. On May 15, it bought 20 more gadgets that cost $6 each. At May 31, it had 25 gadgets in ending inventory. Cost of Goods Sold using LIFO perpetual will be ______ Cost of Goods Sold using LIFO periodic inventory.
The cost of goods sold using the LIFO perpetual will be $25 ($5 x 5), while the cost of goods sold using the LIFO periodic is $30 ($6 x 5).
What if the LIFO method?The LIFO method is a cost flow assumption that is based on valuing the cost of goods sold based on the cost of items in stock at the end of the period (periodic) or the period when the stock was sold (perpetual) by assuming that the last stock is sold first.
Data and Calculations:Date Description Units Unit Cost Total Cost
May 1 Beginning inventory 10 $5 $50
May 10 Sales -5
May 15 Purchases 20 $6 $60
May 31 Ending inventory 25
Thus, the cost of goods sold using the LIFO perpetual will be $25 ($5 x 5), while the cost of goods sold using the LIFO periodic is $30 ($6 x 5).
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Airlines that offer lower fares on seats shortly before the flight’s departure date to fill empty seats are utilizing what type of pricing tactic?.
Airlines that offer lower fares on seats shortly before the flight’s departure date to fill empty seats are utilizing what type of pricing tactic: Dynamic pricing.
Dynamic pricing can be defined as the situation where a company or business owner decide to change the price of the product due to low demand or when the price of a product is slice down or reduce due to market demand for such product.
Based on the given scenario the airline is making use of dynamic pricing due to low patronage so as to attract people.
Inconclusion airlines that offer lower fares on seats shortly before the flight’s departure date to fill empty seats are utilizing what type of pricing tactic: Dynamic pricing.
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A company makes adjusting entries monthly. Its unadjusted trial balance on December 31 reports Income Taxes Expense of $100,000 and Income Taxes Payable of $20,000. The company's Tax Department estimates Income Taxes Expense for the entire year as $130,000. After making the necessary adjusting entry, the company's adjusted trial balance will report a
The company's adjusted trial balance after making the necessary adjusting entry will report a :
Debit balance in Income Taxes Expense of $130,000.
Credit balance in Income Taxes Payable of $50,000.
What is an adjusted trial balance?A trial balance is the arithmetical accuracy of the ledger. An adjusted trial balance is a listing of the ending balances in all accounts after adjusting entries have been prepared.
The adjusting entry requires a $30,000 debit to Income Taxes Expense, which will increase its balance to $130,000 in the adjusted trial balance.
It also requires a $30,000 credit to Income Taxes Payable, which will increase its balance to $50,000 in the adjusted trial balance.
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The flexible budget performance report consists of ______. Multiple select question. the manager's performance evaluations the planning budget, flexible budget and actual results revenue and spending variances activity variances
The flexible budget performance report consists of the following:
Planning budget, flexible budget and actual results.Revenue and spending variances.Activity variances.What is flexible budget performance report?A flexible budget performance report can be defined as the type of report that use by management of a company to measure the actual revenue generated with the budgeted revenue.
Flexible budget performance report is important for company or organization as they use it for performance evaluation.
Inconclusion the flexible budget performance report consists of Planning budget, flexible budget and actual results.
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When Ellen buys a new computer for her accounting business, it is included in gross domestic product (GDP) as ________, and when she buys a new computer for personal use at home, it counts as ________.
a. consumption; consumption.
b. consumption; investment.
c. government purchases; consumption.
d. investment; investment.
e. investment; consumption.
Answer:
ITS A NEW COMPUTER IT SHOULD WORK FOR EVERYTHING YOU NEED
Explanation:
BUT I THINK A DESKTOP WILL DO BETTER
When Ellen buys a new computer for her accounting business, it is included in gross domestic product (GDP) as investment, and when she buys a new computer for personal use at home, it counts as consumption.
What is investment?
This can be referred to as all process of investing money in order to accrue profit at the end.
The investment in computers is to ensure that the business makes profit at the end of the period.
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why do you suppose California and Texas have the highest concentrations of federal employees outside of the Washington DC region? use your knowledge of geography and the location of the states on this map to guide your decisions (select all that apply)
A. both states have large seaports handling petroleum and another imports each year .
B. both states are important producers of agricultural products for the nation.
C. both states maintain international borders.
D. California headquarters the U.S air force and Texas headquarters the army.
Answer:
I hope this helps
Explanation:
The answer is B
The strategy of making work interesting and motivating employees by moving them from one job to another is called job.
The strategy of making work interesting by moving them from one job to another is called job rotation.
What is job rotation?Job rotation can be defined as the way of moving an employee to work from one department to another department within the same organization or company.
Job rotation is important as it enables employee to gain more skills, experience and as well gives the employee the opportunity to work on different job roles.
Inconclusions the strategy of making work interesting by moving them from one job to another is called job rotation.
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Of the following statements, which one or ones indicate possible effects of a low credit score? I. You will have a difficult time qualifying for loans. II. Any loans you take out will be relatively short-term. III. You will have to pay higher than average interest rates. A. I only b. I and II c. III only d. I and III Please select the best answer from the choices provided A B C D.
The statements that are correct about the low credit scorer are:
I. The holder has a difficult time qualifying for loans.
II. The holder have to pay higher than average interest rates.
Option D is correct.
What is a credit score?A credit score is defined as a numeric statement. That statement is on a level analysis of a person's credit files, to represent the creditworthiness of an individual.
A credit score is primarily founded on a credit statement or report, and the information is naturally sourced from credit departments.
The low credit scores are bad for the credit card holders, this arises due to them having a difficult time qualifying for loans.
If the credit score becomes low, then the credit card holder has to pay more taxes than the average interest rates.
Therefore, option D is correct.
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Answer:
D
Explanation:
Just took the test
The discussion about the book encourages teens to.
consider the ethics of certain scientific advances.
B
broaden what they consider dystopian literature.
explore environmental consequences of technology.
consider what happens when a person rebels against the norm.
The discussion about the book encourages teens to consider the ethics of certain scientific advances.
What is Dystopian Literature?This refers to the use of speculative fiction to show the readers the settings of a place where there is bad events happening as a result of the actions of humans.
With this in mind and from the complete text, we can see that there is the narration of why teens find the end of the world so appealing and this makes use of dystopian literature to show them dangers of current social and political structures.
Hence, the correct answer is that the book encourages teens to consider the ethics of certain scientific advances.
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Which of the following would most likely negatively affect a person's net worth?
A. A $25,000 salary
B. A $500 savings bond
C. A $500,000 mortgage
D. A $5,000 money market account
Answer: c
Explanation:
$500,000 mortgage would most likely negatively affect a person's net worth. Thus, option (c) a $500,000 mortgage is correct.
What is net worth?
Totally unrelated to income is what is meant by the phrase "net worth." Liabilities are subtracted from assets to arrive at the person's own net worth. The wealthy possess possessions including real estate, investments, jewels, memorabilia, cars, and so on. A period of emergencies is covered by the net worth.
A person's personal net worth is significantly impacted by a $500,000 mortgage. The amount of money saved by the individual who wants to spend it is their net worth. The net worth mostly consists of investments and personal savings. Money accumulates to form the net worth.
The mortgages are highly impact on net worth. The net worth are personal liabilities minus to personal asset.
Therefore, option (c) a $500,000 mortgage is correct.
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How might right to work laws affect the success of collective bargaining at a company.
Answer: reduce the union's bargaining strength,
Explanation:
A firm's product line depth is the number of Blank______ within a product line, as opposed to the number of product lines a firm has.
The blank space about a firm's product line depth should be filled with; products.
What is Product line depth?Product line depth refers to the number of products offered under a product line.
It therefore follows from the definition above that; Product depth in some cases may include details like a product's size, flavor, useful life and other characteristics. For instance, if a company has a product line of plantain chips that includes five flavors and three bag sizes, the product depth for the line is consequently, 15.
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what is the impact of inflation on business cycles?
Answer:
Inflation is the rise in the price of goods and services in an economy over a certain period. Inflation that is controlled and low generally helps an economy recover from a recession and results in increases in employment
Explanation:
mark me brainliest
Higher inflation indicates higher demand and suggests entrepreneurs to expand their production level.
You are considering paying $700 per year for a health plan that pays 70% of the first $1,000 of medical costs and 100% of any additional costs over that. If your total medical expenses for the year are $900, is it worth it for you to get the plan?.
Based on the cost of the health plan and the total medical expenses for the year, it is not worth it for you to get the plan.
Is it worth it to get the plan?In order to determine if it is worth it to get the plan, compare the cost of the health plan to your medical expenses for the year. If your medical expenses for the year is less than the cost, then the plan is worth it.
Medical expense covred by plan is zero since your medical expense is less than $100. Thus the plan is too expensive.
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After you are done taking notes from a speaker, you should _____. A. Let them know your opinion b. Put your notes away quickly c. Type up your notes for everyone d. Review your notes and clarify.
After one is done taking notes from a speaker, one's should review your notes and clarify them also.
What are notes?Notes are the short record of particulars or statements written down as support to memory. It provides all the relevant and necessary information in a brief way.
Amended or improved notes will permit a person to recognize thoughts, develop significant learning skills, and acquire a sounder knowledge of a topic.
It is important for the reader to review and clarify their notes, after taking the notes from the speaker.
Therefore, option D is correct.
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Answer:
d
\
Explanation:
a scenario involving functions of a business
Scenario Analysis
Scenario AnalysisExploring Different Futures
Imagine that you're facing a really important decision. It's one that could fundamentally affect your personal life, or determine the future of your business.
You've crunched the numbers and looked at the data, and everything seems fine. But deep down, you dread what might go wrong.
No one has a foolproof vision of the future, and even if your instincts are good, the outcomes that you predict could be disrupted by a range of different factors. On the other hand, things may turn out far better than you expected!
In this article, we explore how Scenario Analysis can bring these hopes and fears into the open, give you a rational framework for exploring them, and enable you to make the best possible choices.
Types of Scenarios
Challenging your assumptions about the future, and basing your plans and decisions on the most likely outcomes, means that your decisions will more likely be sound, even if circumstances change.
But what are the most likely outcomes? Author and corporate strategist Peter Schwartz, one of the pioneers of scenario thinking, identified the following common scenarios:
Evolution: all trends continue as expected. Things gently move toward a predictable end point.
Revolution: a new, disruptive, factor fundamentally changes the situation.
Cycles: what goes around comes around. Boom follows bust follows boom follows bust.
Infinite Expansion: exciting trends continue. Think of the computer industry in the 1950s.
Lone Ranger: the triumph of the lone hero against the forces of inertia.
My Generation: changes in culture and demographics affect the situation.