Answer:
the present value is $169,086.35
Explanation:
The computation of the present value is as follows:
As we know that
Present value = Future value ÷ (1 + rate of interest)^number of years
= $2,500,000 ÷ (1 + 0.08)^35
= $169,086.35
Hence, the present value is $169,086.35
It could be simply calculated by applying the above formula
Why are we forced to make decisions in a day-to-day life?
What types of home products are manufactured in your locality? Write with examples..
please help
Explanation:
tell me how I do this question
The kinds of the product apart from food products normally bought by customers for domestic usage could be considered as home products. A further explanation is provided below.
Products such as soap goods, home cleansers, and food packaging things, but not furniture or perhaps even equipment, as well as other similar products, typically not entirely eaten throughout one annum, are much more assurance.The household items using cotton linter encompass healthcare apparel, felt as well as paper of extremely high quality.
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The demand and supply curves show how buyers and sellers ________; the interaction of buyers and sellers ________. compete against each other; shows that there is no winner respond to prices; determines the price compete against each other; determines the winner determine the price; shows how they respond to prices
Answer:
The correct answer is the second option: respond to prices; determines the price.
So the final statement will be:
The demand and supply curves show how buyers and sellers respond to prices; the interaction of buyers and sellers determines the price.
Explanation:
To begin with, in the microeconomics theory both the demand and supply curves are economic functions that are represented in the graphic in order to give a better understanding of what is going on in the reality of the economy out there. So that means that they are both determine by the quantity demanded or supplied and the price, the relation between those two components. And regarding that, they both will show how the buyers and sellers respond to prices. Moreover, their interaction will determine the price as explained before.
Ella Company reported the following income statement information for the current year: Sales $410,000 Cost of goods sold: Beginning inventory $132,000 Cost of goods purchased 273,000 Cost of goods available for sale 405,000 Ending inventory 144,000 Cost of goods sold 261,000 Gross profit $149,000 The beginning inventory balance is correct. However, the ending inventory figure was overstated by $20,000. Given this information, the correct gross profit would be:
Answer:
$129,000
Explanation:
Calculation for what the correct gross profit would be:
Correct gross profit =$410,000-($261,000+$20,000)
Correct gross profit =$410,000-$281,000
Correct gross profit =$129,000
Therefore the correct gross profit would be:$129,000
True False 1. Capital projects funds account for proceeds of specific revenue sources that are legally required to be spent for specified purposes. 2. Utility bill payments are recognized in a proprietary fund. 3. The economic resources measurement focus is used to report the government-wide financial statements. 4. Capital assets and long-term liabilities specifically related to proprietary funds activities are accounted for using the modified accrual basis of accounting. 5. Governmental funds are accounted for using the accrual basis of accounting. 6. Government-wide financial statements report general long-term liabilities.
Answer and Explanation:
1. The given statement is false as the specific projects are those projects that are funded for the specific or particular task
2. The given statement is true as the bill payment made for utility would be recorded in a proprietary fund
3. The given statement is true as the measurement of the economic resources would be recognized in the financial statement i.e. government wide
4. The given statement is true as the capital assets and long term liabilities that related to the proprietary find would be accounted under modified accrual basis
5. The given statement is true as for the government funds as well, it used the accrual basis
6. The given statement is true as the financial statement i.e. government wide would recognize the long term liabilities
How is the Sole Trading business financed?
Answer:
Sources of Finance for a Sole Trader
The sole trader can invest his own savings into his business for expansion. Retained Profit. A profitable business generates a positive net income every year. Sale of Assets.
what are the steps in the recording process
Match each type of lending institution to its description.
-consumer finance company
-credit union
-bank
-payday lender
-provides credit only to the organization’s members
-offers short-term credit at very high interest rates
-typically provides credit for purchasing items on an installment basis
-provides credit for a wide variety of purposes and periods of time
The Following are correctly matched with their description:
Consumer Finance Company: typically provides credit for purchasing items on an installment basis. Consumer finance companies are recognized and defined by their operations, which include lending money to customers largely for personal purposes. state small-loan regulations.Credit union: provides credit only to the organization’s members. A credit union is a non-profit financial organization that is owned by the clients it serves.Bank: provides credit for a wide variety of purposes and periods of time. A person or corporation can borrow a certain amount of money from a bank, which is known as bank credit. Credit may be secured or unsecured from a bank.Payday lender: offers short-term credit at very high-interest rates. A payday lender is a business that makes short-term, small-dollar loans with an extremely high-interest rate.Why is it called a payday loan?When a borrower takes out a payday loan, the phrase "payday" refers to the situation where they write the lender a postdated check for their payday wage and then give them some cash in exchange.
Thus, the mentioned above are corrrectly matched with its descriptions.
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Income tax in a certain state is calculated as follows on the first 1000 at 2%,3% on next 2000,4% on the next 3000 and 5% there after.Find the tax to be paid by an individual who earns an income 2500 per mont, a.his income tax. b.his percentage tax?
Answer:
This person must pay an income tax of $ 65, which represents 2.6% of his monthly income.
Explanation:
Given that income tax in a certain state is calculated as follows: on the first $ 1000 at 2%, 3% on next 2000, 4% on the next 3000 and 5% there after, to find the tax to be paid by an individual who earns an income of $ 2500 per month, and his percentage tax, the following calculations must be performed:
2500 - 1000 = 1500
1000 x 0.02 = 20
1500 x 0.03 = 45
20 + 45 = 65
2500 = 100
65 = X
65 x 100/2500 = X
2.6 = X
Thus, per month, this person must pay an income tax of $ 65, which represents 2.6% of his monthly income.
Which controls almost all of the media industry?
a few large companies
government agencies
small broadcasters
innovative entrepreneurs
The video discusses the extensive planning required to meet the operational goals for serving high-qual
foods quickly. The goal of 5 minutes from order-taking to serving each meal is critical to maintaining
Noodles & Company's promise to the customer of high-quality food served quickly. If a meal needs to be
remade due to a processing error, what percent increase is this additional 3.5 minutes
Answer:
..................................................................
Developing informative, non-salesy content to educate customers to solve problems is part of: a. In-supplier b. Push strategy c. Pull strategy d. Out-supplier
Answer:
D : Out-supplier
Explanation:
The reason is that out suppliers focus more on the customer needs than on their own greeds. That's why their more based on customer priorities......
I hope this helps. :)
For its most recent year a company had Sales (all on credit) of $830,000 and Cost of Goods Sold of $525,000. At the beginning of the year its Accounts Receivable were $80,000 and its Inventory was $100,000. At the end of the year its Accounts Receivable were $86,000 and its Inventory was $110,000.
a) The inventory turnover ratio for the year was?
b) The accounts receivable turnover ratio for the year was?
c) On average how many days of sales were in Accounts Receivable during the year?
d) On average how many days of sales were in Inventory during the year?
Answer:
A. 5 times per year
B. 10
C. 36.5 days
D. 73 days
Explanation:
A. Calculation for what The inventory turnover ratio for the year was
Inventory turnover ratio =$525,000/($100,000+$110,000/2)
inventory turnover ratio =5 times per year
B. Calculation for what The accounts receivable turnover ratio for the year was
Accounts receivable turnover ratio=$830,000/($80,000+$86,000/2)
accounts receivable turnover ratio=10
C. Calculation for On average how many days of sales were in Accounts Receivable during the year
Days sales in Account Receivable=($80,000+$86,000/2)/($830,000/365)
Days sales in Account Receivable=36.5 days
D. Calculation for On average how many days of sales were in Inventory during the year
Days of Sales in Inventory=($100,000+$110,000/2)/($525,000/365)
Days of Sales in Inventory=73 days
James Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two departments: Assembly and Sanding. The Assembly Department uses a departmental overhead rate of $35 per machine hour, while the Sanding Department uses a departmental overhead rate of $20 per direct labor hour. Job 603 used the following direct labor hours and machine hours in the two departments: Actual results Assembly Department Sanding Department Direct labor hours used 8 5 Machine hours used 10 7 The cost for direct labor is $30 per direct labor hour and the cost of the direct materials used by Job 603 is $1,400. How much manufacturing overhead would be allocated to Job 603 using the departmental overhead rates
Answer:
Total allocated overhead= $450
Explanation:
Giving the following information:
The Assembly Department uses a departmental overhead rate of $35 per machine hour.
The Sanding Department uses a departmental overhead rate of $20 per direct labor hour.
Job 603:
Actual results Assembly Department Sanding Department
Direct labor hours used 8 5
Machine hours used 10 7
To allocate overhead to Job 603, we need to use the following formula:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Assembly= 35*10= $350
Sanding= 20*5= $100
Total allocated overhead= $450
Tierney Construction, Inc. recently lost a portion of its financial records in an office theft. The following accounting information remained in the office files: Cost of goods sold $ 92,750 Work in process inventory, January 1, 2016 23,600 Work in process inventory, December 31, 2016 18,750 Selling and Administrative Expenses 22,800 Net Income 38,500 Factory overhead 22,550 Direct materials inventory, January 1, 2016 29,400 Direct materials inventory, December 31, 2016 16,125 Cost of goods manufactured 112,450 Finished goods inventory, January 1, 2016 38,225 Direct labor cost incurred during the period amounted to 2.5 times the factory overhead. The CFO of Tierney Construction, Inc. has asked you to recalculate the following accounts and to report to him by the end of tomorrow. What should be the amount of direct materials used?
Answer:
$28,675 = direct materials used
Explanation:
To calculate the direct material used, we need to use the following formula:
Cost of goods manufactured= beginning WIP + direct materials used + direct labor + allocated manufacturing overhead - Ending WIP
112,450= 23,600 + direct materials used + (22,550*2.5) + 22,550 - 18,750
112,450 - 23,600 - 56,375 - 22,550 + 18,750 = direct materials used
$28,675 = direct materials used
To maintain financial stability in the country with reduction in deficit, Govt gets help from different international financial institutions. Discuss the different pragmas introduced by IMF, World bank, Asian development bank and Islamic development bank for Pakistan.
Answer:
Pakistan is an under developed country. The resources here are sufficient but the main constraint which hinders the country progress is heavy debt burden on it. The country is struggling to become developed as other nations in the world. Pakistan is insufficient in financial resources and all the money which country generates is offset by the interest on the debt.
Explanation:
There are times when the country has to approach different financial aid institutions in the world for the money. IMF is one of the major financial aid institution which provides finance for developing country. Pakistan has approached IMF many times and it has imposed certain covenants on the country to provide financial aid. The tax imposition, restrictions on usage of fund, military and defense restrictions are imposed on Pakistan.
Product safety has become a hot topic for businesses around the world. The purpose of product safety policies and legislation is to keep consumers safe, with the expectation that product quality is balanced against business profits. How does a company factor these competing expectations and still hold the consumer responsible for safe and effective use of the product
Answer:
The purpose of product safety policies and legislation is to keep consumers safe, with the expectation that product quality is balanced against business profits. How does a company factor these competing expectations and still hold the consumer responsible for safe and effective use of the product? Product safety is a key component of any business.
Explanation:
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Jose can't wait to buy his first car next month. He imagines that he will make several new friends at school since everyone will want to ride in his car. He is even having a hard time concentrating on filling orders at the restaurant where he works. Does Jose's thinking have an ethical component? Who is most affected by Jose's conduct? *
Answer:
His thinking does NOT have a ethical componet.
HISELF is most affected by his conduct.
Answer:
C
Explanation:
im him
Who is responsible for filing your federal tax return?
A. The IRS.
B. Your employer.
C. The state tax agency.
D. You.
what are the functions of business.
A) employee staff support personnel and logistics.
B) employment accounting marketing and management.
C) logistics social media the Internet and staffing.
D) production accounting and finance management administration human resources and sales and marketing.
if you saw i homeless man or woman what are you ganno do
A. KICK THE HOMELESS MAN OR WOMAN
B. GAVE SA MONEY
C GAVE SOME FOOD
D. STEAL THERE FOOD OR MONEY
Answer:
b and c and maybe if i could i would take them to my place for shelter
Explanation:
Answer:
give food
Explanation:
I would give food because they could get drugs with the money and kicking them is rude
Jim and his friends have an upcoming mountain bike trip in the fall. He has collected information about a variety of coaches and gyms where there is crossfit training and emailed his findings to his friends. The following weekend they all meet at a local coffee shop to decide which gym and coaches they will go to as a group. First, they discuss what criteria they will use to make the decision and come up with 1) location, 2) coaches, and 3) price. Next, they review the collected information and narrow down the possibilities to two gyms. What part of the consumer decision-making process are Jim and his friends working through now
Answer:
evaluating alternatives
Explanation:
In this scenario, Jim and his friends are going through the evaluating alternatives part of the decision-making process. This is when an individual analyzes all of the options that provide the product or service that they are trying to obtain. They go through all the details of each option in order to obtain the absolute best deal. This allows the consumer to obtain all of the products or services that they want but by paying the lowest possible price in comparison to the other options.
You are in the market for a used car and decide to visit a used-car dealership. You know that the Blue Book value of the car you are looking at is between $20,000 and $24,000. If you believe the dealer knows as much about the car as you do, how much are you willing to pay
Answer:
$22,000
Explanation:
In this case, both you and the dealer have the same information about the car, meaning that information is symmetrically distributed. Since the value of the car is between $20,000 and $24,000, you should be willing to pay ($20,000 + $24,000) / 2 = $22,000
If the car dealer had more information than you, then you should be willing to pay the lower price $20,000.
Text aids are sources of information regarding the contents of a book or document.
Please select the blest answer from the choices provided
От
Of
Answer:
TRUE
Explanation:
Text aids are sources of information regarding the contents of a book or document a true statements. Thus, option A is correct.
What is a text aid?Text aids provide sources of knowledge on a book's or document's topics. When we first proceed to read it, the knowledge in document aids can assist us to comprehend its meaning.
Most nonfiction texts make use of text aids. Characteristics in the text draw the editor's attention to particular sections and aid in the identification of key concepts.
The reader is provided with additional details that back up it text through the use of illustrations in the form of photos or infographics. This helps in a better understanding of the texts that are provided. Also, it can illustrate a book and also help in giving an example.
Therefore, option A is the correct option.
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Kaitlin manages the organization’s employee-related actions to ensure compliance with equal opportunity laws and regulations as well as organizational affirmative action plans. Part of her job also involves managing diverse groups of people within the organization. Kaitlin’s human resource management specialty is ______.
Answer:
C. the legal environment
Explanation:
Since in the question it is mentioned that the compliances that have laws and regulations are complied also the actions plans is also enforced or not. In addition to this, her job part includes the diverse group of people so here her speciality is in the legal environment as the laws, regulations, actions plans are considered
On May 1, 2020, Friendly Company issued 2,000 $1,000 bonds at 102. Each bond was issued with one detachable stock warrant. Shortly after issuance, the bonds were selling at 98, but the fair value of the warrants cannot be determined.Instructionsa. Prepare the entry to record the issuance of the bonds and warrants.b. Assume the same facts as part (a), except that the warrants had a fair value of $30. Prepare the entry to record the issuance of the bonds and warrants.
Answer:
A. Dr Cash $2,040,000
Dr Discount on Bonds Payable $40,000
Cr Bonds Payable $2,000,000
Cr Paid-in Capital—Stock Warrants 80,000
B. Dr Cash $2,040,000
Dr Discount on Bonds Payable $20,594
Cr Bonds Payable $2,000,000
Cr Paid-in Capital—Stock Warrants $60,594
Explanation:
A. Preparation of the entry to record the issuance of the bonds and warrants.
Dr Cash 2,040,000
[(2,000*$1,000 )*1.02]
($2,000,000 *1.02=2,040,000)
Dr Discount on Bonds Payable $40,000
[(1 – .98) *$2,000,000]
Cr Bonds Payable $2,000,000
(2,000*$1,000 )
Cr Paid-in Capital—Stock Warrants 80,000
[$2,040,000 – ($2,000,000 * .98)]
(Being to record issuance of the bonds and warrants)
b. Preparation of the Journal entry Assume the same facts as part (a), except that the warrants had a fair value of $30
First step is to calculate the Total market value
Market value of bonds without warrants $1,960,000
($2,000,000 * .98)
Add Market value of warrants $60,000
(2,000 * $30)
Total market value $2,020,000
($1,960,000+$60,000)
Now let prepare the journal entry
Dr Cash $2,040,000
($2,000,000 *1.02=2,040,000)
Dr Discount on Bonds Payable $20,594
[($2,000,000+$60,594-$2,040,000]
Cr Bonds Payable $2,000,000
(2,000*$1,000 )
Cr Paid-in Capital—Stock Warrants $60,594
[($60,000/$2,020,000)*$2,040,000]
(Being to record issuance of the bonds and warrants)
Which franchise model do automobile dealerships usually follow?
(plato)
Which examples demonstrate common education and qualifications for Counseling and Mental Health Services careers? Check all that apply.
1. Soo uses leadership skills to guide a group of people in religious worship.
2. Jacqueline stays calm even when counseling patients who are angry or upset.
3. Brent uses math skills to help people fill out financial paperwork.
4. Nakisha provides therapy to families and has a master’s degree in Psychology.
5. Tao pays close attention to what patients say and how they behave during counseling sessions.
6. Adam lifts and carries young children while playing with them outdoors.
Answer:
Jacqueline, Nakisha, Tao or B, D, E
Explanation:
got it right
Answer:
B. Jacqueline stays calm even when counseling patients who are angry or upset.
D. Nakisha provides therapy to families and has a master’s degree in Psychology.
E. Tao pays close attention to what patients say and how they behave during counseling sessions.
Explanation:
edge 2021 :)
stay safe and good luck <3
Why do people need to budget their money?
Answer:
Since budgeting allows you to create a spending plan for your money, it ensures that you will always have enough money for the things you need and the things that are important to you.
Why does the supply curve slope upward? To answer this question, use the choices below to identify the characteristics of an upward-sloping supply curve. Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the box once to place a check mark. For incorrect answer(s), click the option twice to empty the box. check all that apply Increasing opportunity costsunanswered Increasing marginal costsunanswered Diminishing marginal utilityunanswered A decrease in resource pricesunanswered An increase in resource pricesunanswered Increasing labor productivity
Answer: Increasing marginal costs
Explanation:
As production increases, so does the marginal cost of production because the marginal cost refers to the additional cost of producing more goods and services.
In order for producers to offer a higher quantity of goods and services therefore, they need to charge a higher price so that they can recover these marginal costs being expended to produce more goods and services.