1. William Company retired $320,000 of bonds, which have an unamortized premium of $14,000, by purchasing them on the open market for $342,000. What is the amount of William's gain or loss on the retirement of the bonds?
Multiple Choice
There was an $36,000 loss.
There was a $8,000 loss.
2. Yaoru Company purchased a computer that cost $10,300. It had an estimated useful life of five years and a residual value of $1,150. The computer was depreciated by the straight-line method and was sold at the end of the third year of use for $5,120 cash.
Which of the following statements correctly describes the computer sale?
Multiple Choice
Assets and stockholders’ equity both increase by $310.
Assets and stockholders’ equity both decrease by $310.
Assets decrease $5,120 and stockholders’ equity is not affected.
Assets and stockholders’ equity both increase by $5,120.
3. Jinay's cost of goods sold in the year of sale (2019) was $890,000 and 2018 cost of goods sold was $910,000. The inventory at the end of 2019 was $202,000 and at the end of 2018 the inventory was $222,000. Jinay’s average number of days to sell its inventory during 2019 is closest to: (Use 365 days a year. Do not round intermediate calculations.)
Multiple Choice
82.84 days
89.04 days
85.03 days
86.94 days
There was a $22,000 loss.
There was a $22,000 gain.
4. On December 31, 2019, Aaditya Company has 11,000 units of an inventory item, which cost $39 per unit when purchased on June 15, 2019. The selling price was $72 per unit. On December 30, 2019, it was determined that cost to sell was $43 per unit. At what amount should the 11,000 units of inventory be reported at on Aaditya's December 31, 2019 balance sheet?
Multiple Choice
$792,000.
$319,000.
$429,000.
$473,000.

To turn your strengths into opportunities, you need to identify what those strengths are and how you can use them to benefit your organization. For example, if you are an excellent communicator, you can use this skill to help build better relationships with your team members and customers.

To turn your weaknesses into opportunities, you first need to identify what those weaknesses are. Once you have identified your weaknesses, you can start to work on improving them. This could involve taking courses or attending training sessions to help you develop new skills. You can also seek out feedback from others to help you identify areas where you need to improve. By turning your weaknesses into opportunities, you can become a stronger leader and help your organization grow and thrive.

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The value of the dollar can influence the cost of gold. In actuality, gold serves as both a currency and a commodity.

When it comes to wealth storage, gold may be much more effective than cash. According to CNN Money, your money in the bank "earns essentially nothing" because interest rates are still low. That cash might really be worth less now that inflation has been taken into consideration. It is well known that gold has a long history of stability.

Gold is a form of money in a free market. A price for gold exists, and that price will change in relation to other mediums of exchange like the US dollar, euro, and yen.

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A business executive feels the need to win in everything he does, from his business deals, to his golf, and even with his romantic partners. The executive's behavior illustrates a(n):need for achievement.

Need for achievement can be defined as the way in which a person is determine to achieve their goals or when a person is always eager to achieve their set goals and objectives.

Hence, the personalities display by the business executives is called  need for achievement as the executives feels the need to win in everything he does,.

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Answer:

Job Cost Card/ Record

Explanation:

A Job cost record accounts for all costs related to the job or order. It is unique to specific order. Therefore, this is a useful tool to deal with situations where firms produce in accordance with customer specifications.

To address the unreliable services for senior citizens in the semi-urban setup. A needs assessment can be conducted to identify the most pressing issues faced by the elderly community.

This information can then be used to develop a comprehensive service offering that caters to their needs. Challenges such as limited resources, lack of funding, cultural and language barriers, and inadequate support from the government or community may arise during the creation of the service offering. Overcoming these challenges will require collaboration with other organizations and stakeholders, leveraging resources, and using creative solutions such as technology to improve service delivery and outreach.

The goal should be to create a sustainable network of support for the elderly population in the community.

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The marginal cost of a 3rd avocado with the "buy two, get one free" sale is $0.

With the "buy two, get one free" sale, for every two avocados purchased, one avocado is given for free. Let's consider purchasing three avocados.

The customer pays for two avocados, each priced at $3, which totals to $6. However, with the sale, the customer receives the third avocado for free. Therefore, the customer pays a total of $6 for three avocados.

To calculate the marginal cost of the 3rd avocado, we compare the total cost of purchasing three avocados with the cost of purchasing only two avocados. When purchasing two avocados, the cost is $6.

Marginal cost = Total cost of purchasing three avocados - Total cost of purchasing two avocados

Marginal cost = $6 - $6

Marginal cost = $0

Hence, the marginal cost of the 3rd avocado is $0. Since the customer gets the third avocado for free as part of the sale, there is no additional cost for acquiring it.

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Answer:

the first one

Explanation:

if you aren't trustworthy you might not get as many opportunities in your workplace

Answer:

Marketing consultants

A business with happy customers will create a good reputation, allowing it to attract the best: Marketing consultants.

The average sales advisor costs are based on one of the two models. The first, and perhaps the most common, is the hourly consultation rate. The second is a consistent bid on a project-by-project basis. This is usually based on their expected number of hours for a project that is multiplied by the hourly rates of professionals.

A typical marketing consultant usually charges about $ 100- $ 175 per hour. This may seem like a lot of money because, in most cases, companies do not pay their employees so much.

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Answer:

the answer is B.FICA

Answer:

A mortgage broker. Have a good day! =)

Explanation:

Answer:

Answer:

observing industry standards and practices that may be unique to the particular industry.

Explanation:

Commercially reasonable activities are based on a standard of reasonableness. It gauges what a reasonable person or entity will do in a given situation.

For example a standard for operation is defined in an industry and used as a basis the determine if business practices of a company are reasonable or not.

It involves good faiths effort on the part of the actors to meet as much as possible a similar objective or activity under similar circumstances.

In this instance commercially reasonable is defined as observing industry standards and practices that may be unique to the particular industry.

Answer:

knew

were

had

understood

The gain or loss on the sale of the manufacturing equipment reported in the income statement can be calculated using the formula: Gain or loss = Sale price - (Original cost - Depreciation).

In this case, the sale price of the equipment was $16,000, while the original cost of the equipment was $80,000 and depreciation through the date of sale totaled $71,000. Using the formula, we can calculate the gain or loss on the sale of the equipment as follows:

Gain or loss = Sale price - (Original cost - Depreciation)
Gain or loss = $16,000 - ($80,000 - $71,000)
Gain or loss = $16,000 - $9,000
Gain or loss = $7,000

Therefore, the gain or loss on the sale of the equipment reported in the income statement was $7,000. This means that Lawler Clothing made a gain of $7,000 on the sale of the equipment.

Depreciation is an accounting method used to allocate the cost of a tangible asset over its useful life. It is used to reduce the book value of an asset over time. In this case, the equipment was originally purchased for $80,000, and depreciation through the date of sale totaled $71,000.

The sale of the equipment would be recorded in the income statement as a gain or loss, depending on the difference between the sale price and the book value of the equipment. In this case, since the sale price was higher than the book value, Lawler Clothing made a gain on the sale of the equipment, which was reported in the income statement.

In conclusion, the gain or loss on the sale of the manufacturing equipment reported in the income statement was $7,000. This gain was calculated by subtracting the book value of the equipment from the sale price. Depreciation plays a critical role in determining the book value of assets and helps businesses to account for the wear and tear of their assets over time.

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Answer:

D

Explanation:

Just imagine yourself being in a work place or in a library, where you have other person's around you. And you're browsing through a site, then suddenly a video pops up and started playing automatically at the highest level. Can you imagine the kind of situation that would be created at that instance? Very awkward.

So therefore, marketer should apply caution when it comes to including video that plays automatically. This will avoid creating such kind of awkward situation for users at work.

Answer: D

Explanation: Just took the quiz

Based on the income effect analysis, processing the cabinets further and then selling them would be the better option to maximize profit, but other factors such as demand, competition, and resources should also be considered.

(a) To analyze whether the cabinets should be sold as is or processed further, we need to compare the income effects of both options. Selling the cabinets as is would generate a revenue of $63,000, while processing them further would generate a revenue of $84,000 after incurring processing costs of $12,600. Therefore, the income effect of selling the cabinets as is would be $63,000 - $52,500 = $10,500, while the income effect of processing further would be $84,000 - $52,500 - $12,600 = $18,900.

(b) Based on the income effect analysis, it appears that processing the cabinets further and then selling them would be the better option. The income effect of processing further is $18,900, which is higher than the income effect of selling as is, which is $10,500. This means that processing the cabinets further would generate a higher profit than selling them as is. Therefore, the company should process the cabinets further and then sell them to maximize their profit.

However, there may be other factors to consider such as demand for finished cabinets, competition, and the time and resources required for processing. The company should take all these factors into account before making a final decision.

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To prepare the company's statement of cash flow using the indirect method, we need to analyze the given information.

Here's a step-by-step breakdown:
1. Start with net income: The given information states that the net income is $61,000.
2. Adjust for non-cash expenses: Depreciation expense is a non-cash expense, which means it doesn't involve actual cash outflow. The given information states that the depreciation expense is $38,000. Therefore, we add this amount to the net income.
Net income + Depreciation expense = $61,000 + $38,000 = $99,000
3. Consider changes in current assets and liabilities:
- Accounts receivable decreased by $43,000. A decrease in accounts receivable means that cash was received, so we need to subtract this amount from the net income adjusted for depreciation.
$99,000 - $43,000 = $56,000
- Inventories decreased by $14,000. A decrease in inventories means that cash was generated, so we subtract this amount as well.
$56,000 - $14,000 = $42,000
- Accounts payable increased by $27,000. An increase in accounts payable means that cash was not paid, so we need to add this amount.
$42,000 + $27,000 = $69,000
4. Consider other cash flows from operating activities:
- Cash dividends paid is a cash outflow. The given information states that cash dividends paid were $23,000. We subtract this amount from the previous result.
$69,000 - $23,000 = $46,000

Therefore, the net cash provided by operating activities is $46,000.

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The recommended ways to improve communication are given below:

Way 1: Implement a centralized communication platform such as Slack or Microsoft Teams to improve collaboration and facilitate real-time communication across different teams and departments. This would enable employees to quickly and easily share information, documents, and updates, leading to increased productivity and more efficient decision-making.

Way 2: Conduct regular town hall meetings or all-hands meetings, where senior leaders can address the entire organization, provide updates on business goals and priorities, and answer questions from employees. This would help improve transparency and ensure that everyone is aligned on company goals and objectives, leading to greater engagement and job satisfaction.

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When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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If the price is $29, the number of products sold will be approximately 8.89.


The demand function is given as d(p) = √(150 - 4p), where p represents the price of the product. To find the quantity of products sold at a specific price, we need to substitute the given price into the demand function.

Substituting p = $29 into the demand function, we get:
d(29) = √(150 - 4 * 29)
= √(150 - 116)
= √34
≈ 5.83

Therefore, approximately 5.83 products will be sold when the price is $29.

When the price is $29, approximately 8.89 products will be sold based on the given demand function

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Answer:

Extended warranty means provided extra protection to the breakage or problems occurred on a newly purchased item for a longer period.

Explanation:

Extended warranty is also known as the service agreement or maintenance agreement that is offered to a customer when they plans to purchase a new item like any electronic item including laptops, mobile phone, television, camera ,etc. It provides extra prolonged protection to the item or device than the regular warranty period.

In the context, the questions that I will ask the salesperson before agreeing the contract on the extended warranty on the purchase of the new computer are :

1. What is the extra amount I have to pay for the extended warranty.

2. For how long this "extended warranty" covers or protects my computer.

3. The extended warranty provides coverage on what items items and what defects.

The capital classification of the bank would be "Adequately Capitalized" as its Tier 1 capital ratio.

To determine the capital classification of the bank, we need to compare its capital levels to the risk-adjusted assets. The capital classification is typically based on regulatory requirements and ratios set by the relevant financial authorities.

One common capital adequacy ratio used for classification is the Tier 1 capital ratio.

The Tier 1 capital ratio is calculated by dividing Tier 1 capital (including common equity) by risk-adjusted assets. Let's calculate the Tier 1 capital ratio:

Tier 1 capital ratio = (Tier 1 capital / Risk-adjusted assets) * 100

In this case:

Tier 1 capital = 38,000

Risk-adjusted assets = 650,000

Tier 1 capital ratio = (38,000 / 650,000) * 100

= 5.846%

Now, let's determine the capital classification based on the Tier 1 capital ratio:

Well-Capitalized: Tier 1 capital ratio ≥ 6%

Since the calculated Tier 1 capital ratio is 5.846%, it does not meet the well-capitalized threshold.

Adequately Capitalized: Tier 1 capital ratio ≥ 4%

The calculated Tier 1 capital ratio is above the adequately capitalized threshold, which is 4%.

Undercapitalized: Tier 1 capital ratio < 4%

Since the calculated Tier 1 capital ratio is above 4%, the bank is not classified as undercapitalized.

Therefore, based on the given information, the capital classification of the bank would be "Adequately Capitalized" as its Tier 1 capital ratio exceeds the minimum regulatory requirement of 4%.

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Asset A has expected return of 8% and beta of 1.25; risk-free rate is 4%. Then the reward-to-risk ratio for asset A is 3.2%

Reward to Risk Ratio = (Expected Return - Risk free Rate) / Beta

Reward to Risk Ratio = (8% - 4%) / 1.25

Reward to Risk Ratio = (0.08 - 0.04) / 1.25

Reward to Risk Ratio = 0.032 = 3.2%

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An innovative business idea that no one has never had is Offering virtual assistance to other businesses.

innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.

It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.

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Complete question:

State An innovative business idea that no one has never had

Answer:

D Values

Explanation:

Expansionary monetary policy leads to an increase in aggregate demand (AD), resulting in "Price level increases; output doesn't change" in the long run.

When the central bank of Hamsterville engages in expansionary monetary policy by buying bonds, it increases the money supply and lowers interest rates. This, in turn, encourages consumers and businesses to spend more, increasing aggregate demand.In the short run, output may increase as firms respond to the higher demand.

However, in the long run, the increase in demand will lead to higher prices, but output will remain unchanged because the increase in demand was only temporary, and firms cannot increase output indefinitely in the long run. Therefore, the long-run effect of an increase in AD due to expansionary monetary policy is an increase in the price level and unchanged output level.

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A company would use the installment sales method of revenue recognition when it sells goods or services to customers on credit and receives payments over an extended period of time.

In this method, revenue from the sale is recognized gradually as cash is collected from the customer, rather than recognizing the full revenue at the time of sale.

This method is typically used when the company has substantial uncertainty regarding the collection of payments or when the payment is spread out over an extended period.

By using the installment sales method, the company can match the revenue recognition with the actual cash inflows and can provide a more accurate representation of its financial performance over time.

It's important to note that the use of the installment sales method is subject to specific accounting guidelines and regulations, such as those outlined in the Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS), depending on the jurisdiction and reporting requirements of the company.

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Answer:

C

Explanation:

The other answers are either positive or neutral. C is a disadvantage because credit card users assume credit = debit, and end up paying a lot of interest if they don't have enough cash in their checking accounts to pay their monthly statements. With credit cards, users think they can buy a lot without having money on hand at first, leading to impulse buy.

please give thanks :)

The correct statement about the company that uses a perpetual inventory system is: "It credits its inventory account when it returns purchased merchandise to its supplier."

In a perpetual inventory system, the company maintains a continuous and real-time record of its inventory levels. It tracks inventory quantities and values as goods are bought, sold, and returned. When the company returns purchased merchandise to its supplier, it credits its inventory account. This ensures that the value of the returned merchandise is accurately recorded, reducing the inventory level and adjusting the corresponding cost of goods sold. The other statements mentioned in the options are not applicable to a perpetual inventory system. The company would typically debit its inventory account when one of its customers returns merchandise to it, as it increases the inventory level.

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