Answer:
oh i will be your friend
Explanation:
Novak Corp. Has accounts receivable of $90,300 at March 31, 2022. Credit terms are 2/10, n/30. At March 31, 2022, there is a $2,284 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of uncollectibles are as shown below.
Answer:
Allowance for doubtful accounts balance as at March 31st 2022 is $10,056.
Explanation:
Novak Corp. already have a balance of $2,284 in allowance for doubtful account.
The increase in allowance for doubtful account is calculated as follows.
$61,700 * 2% = $1,234
$12,600 * 5% = $630
$9,200 * 28% = $2,576
$6,800 * 49% = $3,332
Total = $7,772
$7,772 + $2,284 = $10,056
A firm has EBIT of $375,000, interest expense of $75,000, preferred dividends of $6,000 and a tax rate of 40 percent. The firm's degree of financial leverage at a base EBIT level of $375,000 is
Answer: 1.29
Explanation:
The following can be deduced from the question:
EBIT = $375000
Interest expense = $75000
EBT = EBIT - Interest Expense
= $375000 - $75000
= $300000
Before tax preference dividend
= Preferred dividend / (1 - Tax rate)
= 6000 / (1 - 40%)
= 6000 / 60%
= 6000 / 0.6
= $10000
The firm's degree of financial leverage will then be:
= EBIT / (EBIT - Interest expense - Before tax preference dividend)
= 375000 / (375000 - 75000 - 10000)
= 375000 / 290000
= 1.29
Therefore, the firm's degree of financial leverage is 1.29.
A(n) -Select- is a long-term contract under which a borrower agrees to make payments of interest and principal on specific dates. There are four main types reflecting who the issuers are: -Select- , corporate, state and local government, and foreign. Each type differs with respect to -Select- and expected return. All have some common characteristics even though they may have different contractual features.
Answer:
Bond; treasury; degree of risk.
Explanation:
A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.
A bond is a long-term contract under which a borrower agrees to make payments of interest and principal on specific dates. There are four main types reflecting who the issuers are: treasury, corporate, state and local government, and foreign. Each type differs with respect to degree of risk and expected return. All have some common characteristics even though they may have different contractual features.
Or open Meet and enter this code: wtb-tsif-cpq female
Answer:..................
For what ?_?
Discs and the Internet are unreliable and often slow, and there's nothing quite as distracting as "_____" in the middle of a presentation.
Answer:
Discs and the Internet are unreliable and often slow, and there's nothing quite as distracting as "having this issue" in the middle of a presentation.
Explanation:
Presentation is often a formal talk or sharing of ideas about a topic which can be on any field, matter, discovery, product, to an audience.
Since discs are used for optical storage, which allows data storage and data retrieval are very good to store information for presentation.
However, discs can be unreliable likewise the internet. As a disc is a computer hardware, it can be attacked by a computer virus thereby affecting the stored data, and the internet speed also varies across locations, all these can cause distractions in the middle of a presentation especially if one needs the disc and the internet to be able to render a presentation efficiently.
Paying Your Taxes Reading Quiz
QUESTION 2 of 10: If you want to reduce the amount you pay in taxes each year:
O a) You should work less hours
b) Start contributing to an individual retirement account
O c) Don't claim any earnings
O d) All the above
Submit
©2021 Knowledge Matters, Inc
Answer:
b
Explanation:
If you want to reduce the amount you pay in taxes each year, then Start contributing to an individual retirement account
If you want to reduce the amount you pay in taxes each year, there are several strategies you can consider. One option is to start contributing to an individual retirement account (IRA). By contributing to an IRA, you may be able to deduct the amount of your contributions from your taxable income, thereby reducing your overall tax liability. Another strategy is to work fewer hours, as your income will be lower and may result in a lower tax obligation.
However, reducing your work hours may also affect your overall income and financial goals, so it's important to consider the trade-offs. Lastly, not claiming any earnings would not be a practical or legal solution, as the tax authorities require accurate reporting of income. In conclusion, the best approach to reducing your tax payments would be to start contributing to an individual retirement account (IRA).
So, the correct answer: b) Start contributing to an individual retirement account
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Five Card Draw manufactures and sells 24,000 units of Diamonds, which retails for $180, and 27,000 units of Clubs, which retails for $190. The direct materials cost is $25 per unit of Diamonds and $30 per unit of Clubs. The labor rate is $25 per hour, and Five Card Draw estimated 180,00 direct labor hours. It takes 3 direct labor hours to manufacture Diamonds and 4 hours for Clubs. The total estimated overhead is $720,000. Five Card Draw uses the traditional allocation method based on direct labor hours.
Question Completion:
Find the gross profits for Diamonds and Cards
Find the total gross profit
Answer:
Five Card Draw
Diamonds Clubs Total
Gross profit $1,632,000 $1,188,000 $2,820,000
Explanation:
a) Data and Calculations:
Diamonds Clubs Total
Units manufactured and sold 24,000 27,000 51,000
Retail price $180 $190
Sales revenue $4,320,000 $5,130,000 $9,450,000
Direct materials cost per unit $25 $30
Labor rate = $25 per hour
Direct labor hours per unit 3 4
Total direct labor hours 72,000 108,000 180,000
Estimated overhead = $720,000
Predetermined overhead rate = $4 ($720,000/180,000) per DLH
Overhead allocation $288,000 $432,000 $720,000
Total direct materials costs $600,000 $810,000 $1,410,000
Total direct labor costs $1,800,000 $2,700,000 $4,500,000
Total costs of production $2,688,000 $3,942,000 $6,630,000
Income Statement:
Diamonds Clubs Total
Sales revenue $4,320,000 $5,130,000 $9,450,000
Total costs of production $2,688,000 $3,942,000 $6,630,000
Gross profit $1,632,000 $1,188,000 $2,820,000
Anheuser-Busch established its Corporate Social Responsibility (CSR) Department to A) promote the positive aspects of moderate beer consumption. B) promote responsible drinking and curb underage drinking before it starts. C) encourage recycling of both aluminum cans and glass bottles by ultimate consumers and suppliers. D)educate employees about the importance of serving as role models by drinking responsibly themselves. E) promote Anheuser-Busch as more socially responsible than its competitors.
Answer: B. promote responsible drinking and curb underage drinking before it starts.
Explanation:
Anheuser-Busch Companies, LLC is simply a brewery company as it produces alcoholic drinks.
Corporate Social Responsibility is when companies contribute a positive impact to the economy. This can be in form of giving scholarships to students, construction of infrastructure etc.
Anheuser-Busch established its Corporate Social Responsibility (CSR) Department to promote responsible drinking and curb underage drinking before it starts.
Interrelated activities that must work together to get goods and services from producers to customers are
Answer:
Marketing function
Explanation:
Marketing functions are a series of activities that are carried out in marketing. Through marketing functions, goods move from where they were made to where they would be consumed. This function is a link from producer to consumer.
These functions include
1. Promotion of product
2. Selling
3. Management of product
4. Price setting
5. Distribution to consumers
6. Financing
7. Risk management
Smith & Sons uses the allowance method of handling its credit losses. It estimates credit losses at two percent of credit sales, which were $1,900,000 during the year. On December 31, the Accounts Receivable balance was $300,000, and the Allowance for Doubtful Accounts had a credit balance of $21,400 before adjustment. Show how Accounts Receivable and the Allowance for Doubtful Accounts would appear in the December 31 balance sheet. (Do not use negative signs with your answers.)
Answer: See explanation
Explanation:
Firstly, we need to calculate the amount of bad debt. This will be:
= Credit sales × Bad debt expense
= $1900000 × 2%
= $38000
Also, the adjusted balance of allowance account will be the addition of the uadjusted balance of Allowance account and the bad debt expense which will be:
= $21,400 + $38000
= $59,400.00
Then, the balance sheet will be:
Accounts receivables = $300,000
Less: Allowance for Doubtful Accounts = $59,400
Net Realizable value of Accounts receivables = $240,600
SECTION A
QUESTION 1 Multiple-choice questions
1.1 The micro environment includes the components:
A unions and customers
B political and technological environments
Answer: unions and customers
Explanation:
Micro environment simply refers to the nearby environment, where a firm operates. They are the factors in the immediate environment of a firm that affects the decision making of the firm. Examples include customers, competitors, suppliers, unions etc
Macro environment simply means the environment as a whole that affects businesses. They include economic, ecological, demographic, political, technological factors etc.
QUESTION: Identify an example of the change in relative prices of two products.
pls help T o T
Answer: First lets start off with relative change. Relative changes shows the change of a value of an indicator in the first period and in percentage terms, ext. Relative change is calculated by subtracting the value of the indicator in the first period from the value of the indicator in the second period which is then divided by the value of the indicator in the first period and the result is taken out in percentage terms. The formula for relative change is very simple, and it is derived by initially deducting the initial value of the variable from the final value, then dividing the result by the initial value, and then finally multiplying by 100% to express in terms of percentage. Also
Explanation:
A small example in relative prices is In apple season, apples cost half as much as oranges. In orange season, oranges cost half as much as apples. Also to understand better, either market forces or government intervention, the relative price of goods and services does impact the allocation of resources used to produce these goods and services. A relative price is the price of one good compared to another. Resource allocation addresses how land, capital, and labor are spent in the production of goods and services. Since we went over that relative price is the price of something compared to something else. In other words, it is the ratio of two prices. Completely logical people will make purchasing decisions by considering the relative prices of their options. We can conclude that gas is $2.76 compared to the $3.02 of diesel . Now the gas is $0.26 cents cheaper than diesel. This is caused by the price to refine diesel compared to gas. Now that we have two simple example to show the basis of relative prices, you can clearly see the mean and definition of relative prices through the examples shown!
which of the following jobs typically requires an associate’s degree
you never added the jobs...
One strategy U.S. manufacturers have employed in order to become more competitive is
Multiple Choice
increasing advertising budgets.
creating technology foreign manufacturers depend on to increase effectiveness and efficiency.
focusing on providing the lowest-priced products.
maintaining a distance relationship with suppliers in an effort to guard trade secrets.
Answer:
creating technology foreign manufacturers depend on to increase effectiveness and efficiency.
Explanation:
Technology can be defined as a branch of knowledge which typically involves the process of applying, creating and managing practical or scientific knowledge to solve problems and improve human life. Technologies are applied to many fields in the world such as medicine, information technology, cybersecurity, engineering, environmental etc.
Generally, technology has impacted the world significantly and positively as it has helped to automate processes, increased efficiency and level of output with little or no human effort.
One strategy U.S. manufacturers have employed in order to become more competitive is creating technology foreign manufacturers depend on to increase effectiveness and efficiency.
This ultimately implies that, U.S. manufacturers will have to continue to be innovative so as to improve, strengthen or fortify their manufacturing base in the future.
Additionally, U.S. manufacturers will have to be reliant on advanced technology and an interconnected network (internet) to unite various companies in order to become more competitive.
A ___________ enables you to view data from a table based on a specific criteria
A. Query
B. Report
C. Form
D. All of the above
Answer:The answer is A
Explanation:
Which of the following is NOT a basis for applying discrimination standards for hiring or promoting employees.
A. Language skills
B. Age
C. Race
D. Gender
Answer: language skills
Explanation:
Language skills are not a basis for applying discrimination standards for hiring or promoting employees.
What is the meaning of Language?Grammar and vocabulary make up the structured system of communication known as language. It is the main way that people express meaning, both verbally and in writing. Sign languages can also be used to do this.
A language is a form of written communication that is used by the inhabitants of a certain nation or region for speaking and writing. It is made up of a set of sounds.
One of the most crucial aspects of every civilization is language. It is how individuals interact with one another, form bonds with one another, and foster a feeling of community. Currently, there are about 6,500 spoken languages worldwide, and each is distinctive in a number of ways.
Hence, option D is appropriate.
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Is financial analyst hard to study?
Financial analysts are reimbursed well. The median pay in 2010 was more than $74,000 annually, according to the most recent figures released by the U.S. Bureau of Labor Statistics. ... Working as a financial analyst is an extremely stressful career, defined by long work hours and high pressure levels.
It may be hard but not IMPOSSIBLE!
Best wishes! :)
what signs of maturity were shown towards the end of Tall Girl? Movie
What does it take for a consumer boycott to be successful?
A. The boycott must be conducted by consumers, producers, and the government
B. The boycott must bring the target company's offensive practices to the attention of the news media
C. The boycott must significantly reduce the target company's profits
D. The boycott must succeed in replacing traditional sales with online sales
Edit: Its C
Answer: IT'S C!!
Someone said it's b but it's not i just got it wrong
The boycott should be successful when the profits of the target company get minimized.
Option C is the correct answer.
What is meant by the target company?
A target company refers to an entity that is targeted in respect of the boycott movement.
The situation where the consumers of the market agree to not acquire a specific product from a specific company is called a consumer boycott. It represents disapproval towards something.
Therefore, the reduction in profits of the target company results in the success of the boycott movement.
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Diversified Industries is a multi-product firm operating in a number of industries. Assume the firm is analyzing a new project that has risks unrelated to those of the current firm's product. When computing the net present value of the new project the cash flows should be discounted using: the risk-free rate of return. the market rate of return. a rate commensurate with the risk level of the project. a rate based on a beta of one since the firm is well diversified. a rate based on the firm's current beta.
Answer: a rate commensurate with the risk level of the project.
Explanation:
When computing the net present value of the new project, we should note that the cash flows should be discounted using a rate that is commensurate with the risk level of the project.
Since it is a new project and it possesses risks that are unrelated to those of the current firm's product, the risk that pertains to the project level should be used in the discounting to get the net present value.
To emphasis on profit alone in introducing a product to the market will misdirect managers to the point where they may endanger the survival of the business. Briefly discuss this statement
Answer: Business are not meant for profit alone. Having a business that focuses on profit has only the managers and owners in mind and not the customer's.
Explanation:
Business are not meant for profit alone. Having a business that focuses on profit has only the managers and owners in mind and not the customer's. The main goal of a business is to satisfy the customer, customers would be glad to pay for services and products, but when the whole focus is on what the managers would gain, it'll affect productivity and would make the product or service minimal compared to what is paid for.
A critique of modernization theory suggests that neocolonialism causes underdevelopment, and that poor countries stay underdeveloped because the global economic system extracts and transfers ________ to developed nations. a. resources b. energy c. people d. culture
Answer:
a. resources
Explanation:
Migration refers to the movement of a group of people from one geographical region (location) to another geographical destination in search of better living conditions, work or social amenities.
Migration selectivity can be defined as the likelihood or tendency that a subset (part) of a group of people are going to move (migrate) out of a particular geographical location or area.
Some of the factors that influence migration selectivity are income level, age, education, gender etc.
A critique of modernization theory suggests that neocolonialism causes underdevelopment, and that poor countries stay underdeveloped because the global economic system extracts and transfers resources to developed nations.
Poor countries stay underdeveloped because the global economic system extracts and transfers resources to developed nations.
The answer to this question is option a. A lot of countries are blessed with a lot of natural resources yet they remain very poor and dependent on other first world nations.
Neo colonialism means that some of these nations are still heavily influenced by the nations that they are highly dependent on.
The continent of Africa is blessed with a lot of natural resources. Crude oil for instance, but most of these resources are transported abroad and the continent remains underdeveloped.
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4.1. Why will a business pay a salary or wage to a member of a household?
Answer:
because they work in the company.
Sabrina is trying to decide between opening an account at a local commercial bank or at her college credit union. What TRUE statement about these two institutions will BEST influence her decision?
A.
Since commercial banks are for-profit, they can often keep their costs down, which translates into higher interest rates for savings and lower rates on loans.
B.
Since credit unions are for-profit, they can often keep their costs down, which translates into higher interest rates for savings and lower rates on loans.
C.
Since commercial banks are nonprofit, they can often keep their costs down, which translates into higher interest rates for savings and lower rates on loans.
D.
Since credit unions are nonprofit, they can often keep their costs down, which translates into higher interest rates for savings and lower rates on loans.
Answer:
D.
Since credit unions are nonprofit, they can often keep their costs down, which translates into higher interest rates for savings and lower rates on loans.
Explanation:
I just took the test and got it right
A commercial bank is a type of financial institution that accepts public deposits and grants borrowers loans for profit-making investments and consumption. Hence option C is correct .
What are commercial bank or college credit union ?To distinguish it from a retail bank and an investment bank, it can alsorefer to a bank, or a section of a big bank, that works with corporations or a large/middle-sized firm. Public and private sector banks are both considered commercial banks.
Commercial banks' primary responsibility is to offer financial services to individuals and businesses in order to promote social and economic stability and long-term economic growth.
They are nonprofit, member-owned cooperatives that offer discounts and other member perks in exchange for their profits. For college students, a credit unionoffer some of the lowest interest rates available for all types of loans and credit. Additionally, they provide free and affordable checking and savings accounts.
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# SPJ 2
Which of the following is the best example of a SMART goal?
A. Graduate with a degree in business.
B. Learn as much about marketing as possible.
C. Graduate with a bachelor's degree in marketing in a year.
D. Earn a "B" or better in my Intro to Marketing course this semester.
Answer:
c
Explanation:
although all were good options for answers, but this graduate got through this in a year, Speaks volumes to me
Answer:
The answer is definitely: D. Earn a "B" or better in my Introduction to Marketing course this semester.
Explanation:
100 % correct
15 POINTS
Talk about the different features of a modern day check and its built in security against fraud
Answer:
(hope help you keep smiling in lovely life )
The partnership agreement of Owens, Gehrig, and Nagurski provides for the following income ratio: (a) Owens, the managing partner, receives a salary allowance of $18,000, (b) each partner receives 15% interest on average capital investment, and (c) remaining net income or loss is divided equally. The average capital investments for the year were: Owens $100,000, Gehrig $200,000, and Nagurski $300,000. If partnership net income is $90,000, the amount distributed to Owens should be
Answer:
Owens will get $18,000 + $12,000 = $30,000
Explanation:
average capital investments:
Owens $100,000Gehrig $200,000Nagurski $300,000Net income = $90,000
Owens received a $18,000 salary
Remaining income = $72,000
interest on capital investment = $600,000 x 15% = $90,000
since $90,000 ≥ $72,000, profits must be allocated proportionally:
Owens = $72,000 x 1/6 = $12,000
Gehrig = $72,000 x 2/6 = $24,000
Nagurski = $72,000 x 3/6 = $36,000
15 POINTS
State the features of various types of savings accounts and how would each be used by you as a customer?
Explanation:
The base for carrying financial transactions. A savings account can be used to send and receive payments and it serves as a base for all transactions. ...
Nominal interest rates. ...
Minimum average balance. ...
Passbook and cheque facility. ...
Additional benefits. ...
will give 41 points
C. now that company Z has a list of options for improvements, how can they use step three and four of the decision making process to solve some of their problems
D. The final step of the decision making process is very important what does this step offer for company z once they have made decisions and implemented them?
Steps 3 and 4 of the decision-making process allow the company Z to evaluate the best possible alternative based on the company's available resources. Also, step 6 allows you to evaluate that decision and learn from it.
What is the decision making process?The decision-making process is a set of actions that a company can take to improve some of its activities. Generally, the decision-making process is made up of the following 6 steps:
Identify the problem.Review the objective.Identify available resources.Identify possible alternatives.Make the most convenient decision.Execute, evaluate and learn.According to the above, steps 3 and 4, allow the company to identify the resources available to solve a problem and identify the alternatives to solve that problem with the available resources.
Additionally, step 6 allows you to implement the decision that they made and constantly improve by reviewing the results of that decision.
Note: This question is incomplete because there is some information missing. However, I can answer it based on my prior knowledge.
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Answer:
The first one is right... I got it right because of the first answer... thank you!
Explanation:
DUE TODAY PLEASE HELP T^T
One reason picking a career that interests you is that you might easily spend 30-40 years doing that job.
False
True
Answer:
False
Explanation:
Because you would spend 30-40 years of that career that YOU would enjoy. If you do something that's easy but not fun, then you would most likely end up quitting that job/career.