Answer and Explanation:
The journal entries are shown below:
On June 1
Stock dividend (120000 × 15% × $13) $234,000
To Common Stock dividend distributable (120000 × 15% × 5) $90,000
To Paid in capital in excess of par-Common Stock $144,000
(being stock dividend declared is recorded)
On June 30
Common Stock dividend distributable $90,000
To Common Stock $90,000
(Being the payment of stock dividend is recorded)
Which of the following scenarios is an example of irrelevant media? A. Graphics that need to be split up and appear on two pages. B. Imagery that matches the content but is too large. C. An image that does not match the text in any manner. D. A video that is inappropriate because it is too long to show in a particular situation.
Irrelevant media includes, for instance, an image that does not correspond to the content. Therefore, option C in the given question is correct.
What is the meaning of Irrelevant?"Irrelevant" refers to something that is not connected or related. While they might not be the best media uses, the additional examples are not necessarily unimportant.
When something is irrelevant, it has no bearing on the topic. People no longer relate to a rock star's music or even listen if they become irrelevant. Nobody is thinking or speaking about it at the moment.
It doesn't matter if they are too big or unimportant because we can still learn a lot of useful knowledge from them. However, if something—an image, text, or anything else—does not fit the condition, that is unquestionably an example of irrelevant media.
Hence, In this case, the correct answer is option C.
Learn more about Irrelevant here:
https://brainly.com/question/30459571
#SPJ5
Once Arnold Patel had decided he wanted to quit working as a Web designer for a large advertising agency and go into some kind of business for himself, he did a self-assessment, which indicated that he had an entrepreneurial spirit. His next step will be to: Group of answer choices determine where the funding will come from look for customers create a business plan find the idea for his business choose a form of business organization
g The Ricardian equivalence states that if the government cuts taxes without changing current or future expenditure then: a) households will consume more because the marginal propensity to consume is positive b) households will save more because they will expect higher taxes in the future c) households will consume less because they will acquire the debt issued by the government d) households will save less because the tax multiplier is bigger than 1 e) both (a) and (d) f) both (b) and (c)
Answer:
b) households will save more because they will expect higher taxes in the future
Explanation:
The Ricardian Equivalence proposition is one of the pillars of classical economics, which sadly has proven to not work very well in the real world. According to classical economists, and their quantity theory of money plus the Ricardian Equivalence, recessions do not exist because it is impossible for them to exist. But in the real world, that is not true. Recessions exist, e.g. the US is in a recession since the first quarter of 2020 (even before the current health crisis). When real people lose their jobs or are afraid to lose their jobs, their spending habits change.
On the other hand, when real people get a tax refund or tax cut, they generally spend it, they will not save it to pay future taxes. That is why car sales increase during February after checks form the IRS are handed out.
Theoretically, classical economics is great. The problem is that we are human beings, and as such, our behavior cannot be controlled or determined by what we should or should not do. This is exactly why the velocity of money (quantitative theory of money) is not constant.
Supercircuits is a decentralized company and has a required opportunity cost of capital of 15%. The home computer division, whose current ROI IS 10%, is considering an investment which will earn 13% return. The gaming division, whose current ROI is 20%. Is considering an investment which will earn a 17% return. If the objective is to maximize residual income, each division will make the following choice:______. Computer Gaming A. Reject Accept B. Accept Reject C. Accept Accept D. Rejec Reject
Answer:
B. Accept Reject
Explanation:
As we can see that the home computer has the earning of 10% and its return on investment is increased to 13% so it is a better choice for division of home computer to accept the investment and the other division i.e. gaming division should reject the proposal as it is already earned the 20% and if it is accepted so it decreased the return on investment
Therefore the option B is correct
You are buying some television time and the station tells you they reach 87,000 people. They quote you $3 CPM (cost per thousand reached). How much will you have to pay for the time?
A) $261
B) $1,000
C) $3,000
D) $87
Answer:
A) $261
Explanation:
Costs per thousand, as the name suggests, is the cost for every 1000 viewers.
The determine the actual cost; the first step is to divide the total audience by 1000
=87,000/1000
=87
There are 87 sets of 1000 viewers. Each set is charged as $3. The total costs will be
=87 x $3
=$261
A share of stock gives the owner with other owners the right to pick the management of the company. does not promise a fixed annual payment. is a fractional ownership of the firm. all of the above.
Answer:
all of the above.
Explanation:
The share of the stock provides the following things like
a. Have the opportunity to pick the company management with the other owners
b. It does not provide the fixed annual payment it is variable annual payment
3. In addition to this, it has the fractional firm ownership
Based on the above things, the correct option is the last one
Hence, the same is to be considered
Consider the following information on returns and probabilities: Invest 1/2 of your money in Asset A and 1/2 in Asset B. State Probability A B Boom .25 12% 4% Bust .75 6% 18% What is the expected return for the portfolio
Answer: 11%
Explanation:
Find the expected return in both Booms and Busts;
0.5 of your money is in Asset A and Asset B each.
Boom;
= (0.50 * 12%) + (0.50 * 4%)
= 8%
Bust
= (0.50 * 6%) + (0.50 * 18%)
= 12%
Portfolio expected return = (0.25 * 8%) + (0.75 * 12%)
= 11%
Suppose a company spends $200,000 in the current year to research and develop a navigation device for hikers. By the end of the year, the company estimates that the new navigation device has a 70% chance of generating $500,000 in revenues from sales to customers over the next four years. For what amount would the company report research and development expense in the current year
Answer: $200,000
Explanation:
The company spent $200,000 on the research that led to the development of the navigation device and according to Accounting guidelines, Research and Development costs are to be expensed in the period that they occurred.
The entire $200,000 that was spent should therefore be expensed as Research and Development.
On December 31, there were 28 units in ending inventory. These 28 units consisted of 2 from the January 10 purchase, 3 from the March 15 purchase, 4 from the April 25 purchase, 11 from the July 30 purchase, and 8 from the October 10 purchase. g
Answer:
The cost of ending inventory is $12,360
Explanation:
In the specific Identity method, the items are values by identifying each unit and its relevant cost.
As per the given data
28 units of Ending inventory comprised of
2 from the January 10 purchase
3 from the March 15 purchase
4 from the April 25 purchase
11 from the July 30 purchase, and
8 from the October 10 purchase
The ending Inventory will be valued as follow
Ending Inventory = ( 2 units x $360 ) + ( 3 units x $390 ) + ( 4 units x $420 ) + ( 11 units x $450 ) + ( 8 units x $480 ) = $720 + $1,170 + $1,680 + $4,950 + $3,840 = $12,360
Identify the statement that characterizes the Age Discrimination in Employment Act. Multiple Choice It permits an employer to reduce the fringe benefits to all employees over 40. It outlaws making employment decisions based on a person's age being over 40. It permits companies to lay off older workers when the economy is slow. It recommends early retirement incentive programs wherein employees agree not to sue the company for ageism.
Answer:
The statement that characterizes the Age Discrimination in Employment Act is:
It outlaws making employment decisions based on a person's age being over 40.
Explanation:
The idea behind the Age Discrimination in Employment Act (ADEA) is to forbid age discrimination against people who are age 40 or older. Following the frequent practice of using arbitrary age limits to make decisions about employees, the ADEA was passed by Congress in 1967. The purpose of the law was to reduce the damaging effects of the long-term loss of job skills affecting the older citizens of the population.
Jacobs Company has warrants outstanding, which are selling at a $3.00 premium above intrinsic value. Each warrant allows its owner to purchase one share of common stock at $26. If the common stock currently sells for $30, what is the warrant price? (Round your answer to 2 decimal places.) $11.00 $7.00 $8.00 $10.00
Answer: $7.00
Explanation:
Based on the information provided in the question, the warrant price would be calculated as the addition of the premium which is above the intrinsic value and the paid in excess of the common stock. This will be:
= $3 + ($30 - $26)
= $3 + $4
= $7.00
The following information is available regarding Grace Smit's capital account in Enterprise Consulting Group, a general partnership, for a recent year: Beginning of the year balance $ 30,000 Share of partnership income $ 10,500 Withdrawals made during the year $ 6,800 What is Smit's partner return on equity during the year in question
Answer:
Return on equity = 32.967%
Explanation:
Given:
Beginning balance = $30,000
Share of partnership = $10,500
Withdrawal = $6,800
Find:
Return on equity
Computation:
Ending equity = Beginning balance + Share of partnership - Withdrawal
Ending equity = 30,000 + 10,500 - 6,800
Ending equity = $33,700
Return on equity = Share of partnership / Average equity
Return on equity = 10,500/(30,000 + 33,700)/2
Return on equity = 10,500/31,850
Return on equity = 32.967%
College football coaching requires that coaches design every facet of practices, set goals for their players, determine schedules, and even direct all of the plays during the games. College football coaching uses ____ type of managing.A. AchievementbConsideration
B. Background image
C. Charismad.D. Empathy.
Answer: d. initiating structure
Explanation:
An Initiating structure management style is one in which the leader is very involved in the activities of the subordinates. They organize tasks, initiate group action and define the team's goals and roles.
This is what happens in collage football. The coach designs everything even on the pitch during games. They are therefore using an initiating structure management style.
You have received a job offer upon graduation from a prestigious consulting firm. Before you receive your first paycheck, you have decided to purchase a $100,000 Porsche. The Eighth National Bank of Okemos is willing to give you a 5-year loan, but they require a 10% down payment, and the interest rate will be 10% annually. How much will your monthly payments be
Answer:
The monthly payments will be $1,912.23.
Explanation:
This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:
PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)
Where;
PV at 65 = Present value of the balance of the Porsche = $100,000 * (100% - Percentage of down payment) = $100,000 * (100% - 10%) = $90,000
P = monthly payments = ?
r = Monthly interest rate = Annual interest rate / 12 = 10% / 12 = 0.10 / 12 = 0.00833333333333333
n = number of months = 5 years * 12 months = 60
Substitute the values into equation (1) and solve for P, we have:
$90,000 = P * ((1 - (1 / (1 + 0.00833333333333333))^60) / 0.00833333333333333)
$90,000 = P * 47.0653690237519
P = $90,000 / 47.0653690237519
P = $1,912.23
Therefore, the monthly payments will be $1,912.23.
(LO 8) Maxim manufactures a hamster food product called Green Health. Maxim currently has 18,500 bags of Green Health on hand. The variable production costs per bag are $3.50 and total fixed costs are $27,000. The hamster food can be sold as it is for $10.00 per bag or be processed further into Premium Green and Green Deluxe at an additional cost. The additional processing will yield 18,500 bags of Premium Green and 4,700 bags of Green Deluxe, which can be sold for $9 and $7 per bag, respectively. Assuming Maxim further processes Green Health further into Premium Green and Green Deluxe, revenue from the two products would be:
Answer:
$ 199,400
Explanation:
Calculation for what the revenue from the two products would be:
VENUE IF PROCESSED FURTHER:
Premium Green $166,500
(18,500 bags * $9 per bag)
Green Deluxe
(4,700 bags * $7 per bag) $32,900
Total revenue if processed further $ 199,400
Therefore Assuming Maxim further processes Green Health further into Premium Green and Green Deluxe what the revenue from the two products would be is $ 199,400
On January 1, a company issues bonds dated January 1 with a par value of $200,000. The bonds mature in 3 years. The contract rate is 4%, and interest is paid semiannually on June 30 and December 31. The market rate is 5%. Using the present value factors below, the issue (selling) price of the bonds is:
Answer:
b. $194,492
Explanation:
Note: The present value factors is attached as picture below
Multiple Choice $205,607. $194,492. $200,000. $22,032. $172,460.
00,000
Calculation of Bond issue price
PV factor at 2.50%
Pv value of bond 200,000 0.8623 172,460
Pv of interest at 2%, 6 4,000 5.5081 22,032
semi annual installment
Present value of the Bond $194,492
The Monster Truck operates several specialty vehicles that provide hot food and beverages for firms that have workers employed in outlying regions. The company has annual sales of $626,600. Cost of goods sold average 36 percent of sales and the profit margin is 4.9 percent. The average accounts receivable balance is $35,100. On average, how long does it take the company to collect payment for its services
Answer:
20.45 days
Explanation:
Calculation for how long does it take the company to collect payment for its services
Days in receivables = 365 days/($626,600/$35,100)
Days in receivables = 365 days/17.85
Days in receivables=20.45 days
Therefore how long does it take the company to collect payment for its services is 20.45 days
What is the form of payment, form of acquisition, acquisition vehicle, and post-closing organization?
Answer:
Check explanation section.
Explanation:
In order to be able to understand and to solve this problem efficiently one must read the case study which is in the Question's comment section.
So, from the case study it can be shown that in order to make sure that there is increament in equity, the kind of financing that took place is through Borrowing. Hence, the form of payment is through BORROWING.
In order to buy, it has to be done via or through what is called merger or say corporate merger. The form of acquisition is through MERGING.
The post closing organization in the case study is HEINZ. The acquisition vehicle is the fact that something was bought from the Hawks.
The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet. She has studied three locations. Each would have the same labor and materials costs (food, serving containers, napkins, etc.) of $1.90 per sandwich. Sandwiches sell for $2.70 each in all locations. Rent and equipment costs would be $5,400 per month for location A, $5,700 per month for location B, and $5,950 per month for location C. a. Determine the volume necessary at each location to realize a monthly profit of $10,000.
Answer and Explanation:
The computation of the volume necessary for each location is as follows;
a) Volume required for break even at location A
= ($5,400 + $10,000) ÷ ($2.70 - $1.90)
= 19,250 units
Volume required for break even at location B
= ($5,700 + $10,000) ÷ ($2.70 - $1.90)
= 19,625 units
Volume required for break even at location C
= ($5,950 + $10,000) ÷ ($2.70 - $1.90)
= 19,938 units
Cassini Company Ltd. publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $28 per year. During November 2022, Cassini sells 6,300 subscriptions for cash, beginning with the December issue. Cassini prepares financial statements quarterly and recognizes subscription revenue at the end of the quarter. The company uses the accounts Unearned Subscription Revenue and Subscription Revenue. The company has a December 31 year-end.Prepare the entry in November for the receipt of the subscriptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Credit Debit Nov. SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare the adjusting entry at December 31, 2017, to record subscription revenue in December 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Credit Debit Dec. 31
Answer:
Cassini Company Ltd
Date Account Titles and Explanation Debit Credit
Nov 2017 Cash (6,300*$28) $176,400
Unearned subscription revenue $176,400
(To record the receipts of subscription)
Dec 2017 Unearned subscription revenue $14,700
Subscription revenue ($176,400*1/12) $14,700
(To record the revenue earned)
March '18 Unearned subscription revenue $44,100
Subscription revenue ($176,400*3/12) $44,100
(To record the revenue earned)
Some customer support call center let incoming callers know how long they would be on hold before talking to a service agent. This improves customer experience because: Group of answer choices it lessens the perception of unfairness in waiting in-process waits seem shorter than pre-process waits uncertain waits seem longer than certain waits unoccupied time seems longer than occupied
Incoming callers' perceptions of unfairness are diminished and a clear expectation is set by communicating the length of their wait time in advance. This enhances the overall customer experience.
What are the abilities in customer service?Client retention and acquisition are highly dependent on customer service. Companies can increase sales by utilising good customer service. Being empathetic, communicating effectively, and addressing problems are essential components of providing exceptional customer service.
A call centre interview is what?For businesses, call centres serve clients who have queries, grievances, or suggestions on goods or services. A call centre interview is a chance for you to highlight your problem-solving abilities and show off your capacity to win over clients' trust.
To know more about customer visit:-
https://brainly.com/question/13735743
#SPJ1
Why is the job market for administrative professionals growing ?
What effects do you think the constant haitian political crisis had on this field ?
Perry Investments bought 2,000 shares of Able, Inc. common stock on January 1, 20X1, for $20,000 and 2,000 shares of Baker, Inc. common stock on July 1, 20X1 for $24,000. Baker paid $2,400 of previously declared dividends to Perry on December 31, 20X1. At the end of 20X1, the fair value of the Able stock was $18,000 and the fair value of the Baker stock was $28,000. The stocks were purchased for short-term speculation prior to the effective date of the change in accounting rules for equity investments. Perry owns 10% of each company. Perry should record the receipt of the Baker dividend as
Answer:
Debit Cash $2,400: Credit Dividends receivable $2,400
Explanation:
Date Account Titles and Explanation Debit Credit
31 Dec 20X1 Cash $2,400
Dividend receivables $2,400
(Record of the receipt of the Baker dividend)
3. Keim, Inc. manufactures baseball gloves that normally sell for $40 each. Keim currently has 1,000 defective gloves in inventory that have $30 of materials, labor, and overhead assigned to each glove. The defective gloves can either be completely repaired at a cost of $25 per glove or sold as is at a reduced price of $18 per glove. Keim would be better off by: a. $3,000 to sell
Answer:
selling the defective gloves as they are results in a $3,000 higher gain
Explanation:
the manufacturing costs of the defective gloves should be considered a sunk cost since they cannot be recovered:
alternative 1, sell defective gloves = $18 x 1,000 = $18,000 gain
alternative 2, repair the gloves and sell them at normal price = ($40 - $25) x 1,000 = $15,000 gain
alternative 1 (selling the defective gloves as they are) results in a $3,000 higher gain
Describe how the business infrastructure should be designed so that employees will be able to continue to perform business functions in the event of a disaster (e.g., storm, hurricane, or earthquake) that destroys or makes it impossible to access the buildings.
Answer:
It should be switched to a fully digital firm which is also called as an e-business.
With the growth of technology ( Cloud Computing, Mobile Digital Platforms and Internet of things )
sometimes using Information Systems, and Information Technology can make the company get higher revenue. but other times not because it needs to achieve these in order to use Information Systems:
choose the right business model.choose the right software for the business.invest in the complementary assets ( organizational and managerial capital )i don't know if that answers your question or not but i hope it does help you. have a good day and a lovely year.
why Dell usually reacts more quickly and more substantially to pricing, product design, and advertising decisions made by Hewlett-Packard and Gateway than when these same types of decisions are made by Apple Computer.
Answer and Explanation:
Since in the question it is mentioned that the dells reacts more quickly and sustainable with the price, design of the product, etc as compared with the apple computer
It is because of that the apple is the less subsitute for dell also the dell Hp and gateway all make the windows machines
Therefore it reacts more quickly
hence, the same is relevant
Which skills are common to Education and Training cluster? skills in math and finance leadership and teaching skills knowledge of instructional design and psychology knowledge of school policies maintenance of classroom discipline communication skills for dealing with students, families, and coworkers
Answer:
Leadership and teaching skillsKnowledge of instructional design and psychologyKnowledge of school policiesMaintenance of classroom discipline Communication skills for dealing with students, families, and coworkersExplanation:
The Education and Training cluster comprises teachers, administrators, and professional student support staff. They work in schools and other educational institutions. Professional in the cluster help students achieve their educations objectives by helping them in academics and providing psycho-social support.
The skills required in this cluster revolve around effective teaching, school administration, and the ability to create good working relationships with students, colleagues, and other stakeholders.
Answer:
The correct answer is A,B,C,E,F
Explanation:
plz mark brailiest i really need it
Jawwal Research & Development has been going through a rough patch lately. Turnover has been high and employee morale is at an all-time low. Though employees and competitors hold management responsible for the decline, the CEO does not let the managers go or change the management style. Which of the following could explain this attitude?
Select one:
a. The CEO is unresponsive to the criticisms from stakeholders.
b. The CEO holds the omnipotent view of management, which asserts that external factors have a significant effect on performance outcomes.
c. Because the organization has a "take-charge" management style, the employees are responsible for organizational policies.
d. The CEO holds the view that managers have only a limited role in organization success or failure.
Answer:
d. The CEO holds the view that managers have only a limited role in organization success or failure.
Explanation:
The CEO of Jawwal Research & Development subscribes to the symbolic view of management. Under the symbolic view, the organization's success or failure is caused by external forces beyond the managers' control. The symbolic view is that the whole of the organization is not in the managers' control.
The CEO of Jawwal Research & development believes that the manager's influence is limited by external factors such as technology, government policies, the economy, competitors, and industry conditions. The symbolic view contrasts with the Omnipotent view, which believes that managers are directly responsible for an organization's failure or success.
assume the following the standard price per pound is 2.00 the standard quantity of pounds allowed per unit of finished goods is 4 pounds the actual quantity of materials purchased and used in production is 50000 pounds the company produced 13000 units of finished goods during the period the actual price per pound of direct materials is closest to
Answer: $2.28
Explanation:
Based on the information given, the actual price per pound of direct materials will be calculated as:
Material Price Variance = (14000)
Since material price valriance is the actual price deducted from the standard price for actual quantity that was used during production process. This will be:
(14000) = [(2 × 50000)] - [Actual Price × 50000]
(14000) = (100000) - (actual price × 50000)
(Actual Price × 50000) = 100000 + 14000
Actual Price × 50000) = 114000
Actual Price = 114000 / 50000
Actual price = 2.28
Coronado Inc. has completed the purchase of new Dell computers. The fair value of the equipment is $708,769. The purchase agreement specifies an immediate down payment of $172,000 and semiannual payments of $66,179 beginning at the end of 6 months for 5 years. What is the interest rate, to the nearest percent, used in discounting this purchase transaction
Answer: 8%
Explanation:
Fair value = $708,769
Down payment will be made so only the amount net of the down payment will be paid periodically.
= 708,769 - 172,000
= $536,769
Present value of Annuity interest factor for payment = 536,769/66,179
= 8.11087
No. of periods = 2 * 5years = 10 semi annums
Look at the Present value of interest factor of Annuity (PVIFA) table and find the interest rate that corresponds to 10 periods and gives an interest factor of 8.11087.
That interest rate is ⇒ 4%
As this is a semi-annual rate, the annual rate is;
= 4% * 2
= 8%