A company purchased a power plant on December 31,2020 for $7,800,000 The power plant is expected to be used for the next 20 years At the end of the useful life,the power plant will have to be decommissioned at an expected cost of $1,850,000. The company uses the straight-line method of depreciation with a salvage value of $250,000.The relevant discount rate is 6% Required: a.Prepare all journal entries for the years ended December 31,2020 and 2021. b.During 2039,advances in technology cause the estimate of the ARO to be revised to $800.000.it is now also expected that the asset will now have an additional4 years of use.Prepare the journal entry to reflect the change in estimate.

The relation of “principal” to an auto/college loan is given below:

What is principal?

The term "principal" refers to the amount of money borrowed in a loan, not including interest. In an auto loan or college loan, the principal is the initial amount of money that the borrower receives from the lender.

For example, if you take out a $20,000 auto loan to purchase a car, the principal of the loan would be $20,000. This is the amount of money that you receive from the lender to purchase the car.

Interest is a fee that the lender charges the borrower for the use of the money. The interest is typically expressed as a percentage of the principal and is paid over the term of the loan.

For example, if the interest rate on the $20,000 auto loan is 5% per year and the loan term is 5 years, the total interest paid over the course of the loan would be $2,500 (5% of $20,000 per year for 5 years). This means that the total cost of the loan, including both the principal and the interest, would be $22,500 ($20,000 principal + $2,500 interest).

Hence, the principal of a loan is the initial amount of money borrowed, while interest is a fee charged by the lender for the use of the money.

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Answer:

A,B, D:

Market Research

Surveys

Individualize

I just got a 100 on this quiz

The steps used by businesses to develop a customer profile survey include surveys.

In order to gather information about a service, product, or process, a survey is described as the act of looking at a process or questioning a predetermined sample of people.

Surveys used to gather data ask a specific set of people about their beliefs, actions, or knowledge.

Further Surveys provide a rich collected data or learning ability more in areas like demography and social research. Survey research is frequently used to evaluate ideas, beliefs, and emotions. Surveys may have narrow, specialized objectives or they may have more general, extensive objectives.

Therefore for business to develop customer profile survey they start with market survey & make results out of it.

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Answer:

Following are the solution to the given point:

Explanation:

Calculating the value of the effective interest rate:

Formula:

\(\text{Effective interest rate} =\frac{\text{annual nominal rate of interest}}{\text{compound year}}\)

                                  \(=\frac{12}{2} \\\\ =6\%\)

Calculating the value of Effective annual rate of interest:

\(=(1+ \text{The effective rate})^{\text{(compound number )}} -1\)

\(=(1+0.06)^2 -1\\\\=(1.06)^2 -1\\\\=1.1236-1\\\\=0.1236\\\\=12.36 \%\)

Calculating the Amount in each semiannual payment:

\(= 5000 \times (\frac{F}{P}, 6\% ,9) \times (\frac{A}{P}, 6\%,4)\\\\= 5000 \times 1.689479 \times 0.288591\\\\= 2437.85\)

Calculating the value of the total interest paid:

\(= 2437.85 \times 4 - 5000\\\\= 9751.40-5000\\\\ = 4751.40\)

Ways in which change unions should assist workers in addressing noncompliance with operating conditions are the standard sports of alternate unions consist of supplying assistance and services to their contributors, collectively bargaining for better pay and conditions for all people, and running to enhance the excellent of public offerings, political campaigning, and commercial movement.

The definition of a worker is someone or animal that performs a particular or essential project or who completes duties in a certain way. someone who works in a store is an instance a retail employee. someone who works diligently on his homework for hours a day is an instance of a tough employee.

A person is normally classed as a 'worker' if: they have a contract or other association to do work or offerings personally for praise (a contract may be written or unwritten) their reward is for money or an advantage in type, for example the promise of a settlement or future paintings.

Workers are the people employed by using a selected organization or company. Manpower is all the employees available to paint for a business enterprise or USA. A colleague or co-employee is a person you figure with, mainly in the workplace.

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President Kennedy aimed to provide economic assistance, and consolidate democracy and social justice in Latin America.

Kennedy proposed, via the corporation for international improvement and the Alliance for progress, both launched in 1961, to mortgage greater than $20 billion to Latin American nations that would sell democracy and adopt significant social reforms, specifically in making land possession possible for more numbers.

The Peace Corps, a program that despatched younger volunteers to foreign places to assist those in want, turned into probably one of the high-quality-acknowledged New Frontier programs.

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Answer:

The role of retail banking is to help individual consumers manage their money, gain access to credit, and deposit their money in a secure way.

Explanation:

Providing credit and debit cards to customers is a major function of retail banks. Hence, the correct answer is option C.

Retail banks are financial institutions that provide banking services to individuals and small businesses. These services include deposit accounts, such as savings and checking accounts, as well as loans, mortgages, credit and debit cards, and other financial products.

Providing credit and debit cards to customers is a major function of retail banks because it allows customers to make purchases without the need for cash and helps facilitate online and mobile payments. Credit and debit cards also generate revenue for retail banks through fees and interest charged on balances, making them an important source of income for banks.

Hence, providing credit and debit cards to customers is a major function of retail banks. Therefore, the correct answer is option C.

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Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

Answer:

- Protection of Labor Rights

- Co-surviving Public and Private Sectors

- Safeguarding of Consumer Rights

- Economic Planning

Explanation:

Don't know how many you're looking for, or what specifically, but those are a few that I've learned

Hope it helped

Purposeful practice is intended to enhance performance and is defined by remaining committed and upbeat, establishing precise objectives, scheduling time each week, accepting challenges that are above your current level of competence, and asking for feedback.

Deliberately means to carefully consider something or to speak about it; it also refers to the cautious decision-making process' slow and controlled speed.

Deliberate practice is described as deliberate action that is effortful in character, conducted frequently without immediate reward, and has as its primary objective the enhancement of one's own performance rather than enjoyment.

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Because the company does not lists the ingredient in the product, then, this is an example of violation to disclosure aspect of consumer protection laws.

The Consumer protection law includes different legislation which intended to prevent businesses owners from engaging in fraud or reducing quality of product.

One of the Consumer protection law makes its necessary for the manufacturer to disclose the full ingredient they use in producing the product.

In conclusion, the scenario is an example of violation to disclosure aspect of consumer protection laws.

Therefore, the Option B is correct.

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Answer:

Venture capital firms get paid through two revenue streams: management fees and carried interest. Management fees are an annual payment made by investors to the venture capital firm to cover its operational expenses. The fee is usually around 2%. Carried interest is a performance incentive paid to the venture capital.

Therefore, the answer is True.

True.

Leadership has indeed been defined as the process of transforming organizations from what they are to what the leader envisions them to become. This definition highlights the proactive and visionary nature of leadership, emphasizing its role in driving change and progress within an organization.

Leaders are responsible for setting a clear direction, inspiring and motivating their team, and guiding them towards achieving a shared vision. They influence and empower others to contribute their skills and efforts towards realizing a desired future state.By recognizing the current state of the organization and envisioning a future state, leaders take on the responsibility of initiating and managing the transformation process. They identify areas for improvement, introduce innovative strategies, and make decisions that align with their vision.Transformational leaders, in particular, emphasize the importance of inspiring and empowering their followers, fostering a sense of shared purpose, and creating a supportive environment for growth and development.

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Some ways that you can spend money legally are:

This refers to the legal tender that is used for the buying and selling of goods and services that have an inherent value

Hence, we can see that based on the given question, money can be spent in a variety of ways legally and this includes starting a business, giving to the poor, etc.

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When there is a Fed open market sale, the initial impact is D. an increase in commercial bank deposits at the Fed.

When the Fed sells securities, the impact is that people will use dollars to buy the securities and so the volume of money in the economy will decrease.

The way this happens is that the Fed will take money from commercial banks which would increase commercial banking deposits at the Fed.

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Answer:

oD. being skilled at negotiating and bargaining with people

Answer:

the journal entry to record this adjustment would be:

December 31, 202x, adjustment to merchandise inventory

Dr Accounts payable 3,090

    Cr Merchandise inventory 3,090

When goods are purchased FOB destination, the title of the goods passes only after the goods have been delivered to the buyer. Also, freight costs should be paid by the seller. When goods are purchased FOB shipping point, the title of the goods passes after the goods leave the seller's dock, they are considered property of the buyer even if they haven't arrived yet. Freight costs are generally paid by the buyer.

The ways seen in department stores, online stores, or social media ads to activate the amygdala is carried out by companies using emotional marketing to encourage consumers to purchase the products.

Amygdala is a complex structure of cells in the brain which are involved in processing of emotions and memories. Emotional marketing plays an important role in companies’ marketing campaigns.  Consumers decisions always involve an emotional component. Emotional branding use messages to target human emotions and persuade consumers to buy products.

Ways used by departmental stores, online store, or social media ads to activate the amygdala is encourage buying products are:

1. Know your target audience by performing marketing research on what could encourage an emotional reaction in your campaign. The material should connect to consumers’ desire, dreams, fears, or memories.

2. Foster inspiration by associating the brand with famous and accomplished people making your consumer believe they can achieve the same.

3. Create aspirations by suggesting that consumer can achieve a certain goal by using the product.

4. Use location-based marketing which can stimulate connection with customers located in that area.

5. Express love and passion expressing company’s commitment to the consumer or the product.

6. Use colors in your ads as colors create emotional response in consumers attracting them to the product.

7. Tell a story as stories resonate with consumer at a higher level than a simple product description. Adding humor or interactive features can go a long way.

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Answer:

B. Whether an action is objectively right depends on its consequences

Explanation:

Ayn Rand developed the theory of Objectivism. Objectivism according to her is the philosophical idea, that every thing people do, be it the pursuit of education or financial security is done simply for the purpose of preserving the human life. This theory promotes selfishness over altruism. It also advocates realism. Every other thing people do is supposed to conform to that which is the fact.

This theory also opines that if our philosophy of life is correct or right, then we would be successful. But if our philosophy of life is wrong, then the consequences would be inimical.

Answer:

misunderstanding happens due to the distance . misunderstanding happen due to lack of time to solve problem . misunderstanding happens due to third person between two persons . misunderstanding happens due to the virtual world .

Answer:

The auditor's report typically covers the following five documents:

1)Financial Statements: The auditor's report provides an opinion on the fairness and accuracy of the financial statements prepared by the company. This includes the balance sheet, income statement, cash flow statement, and statement of changes in equity.

2)Management's Discussion and Analysis (MD&A): MD&A is a section of the annual report where management provides an analysis of the company's financial performance, results of operations, and future prospects. The auditor's report may reference or provide assurance on specific information contained in the MD&A.

3)Notes to the Financial Statements: The notes to the financial statements provide additional information and explanations regarding specific items in the financial statements. The auditor's report may refer to the notes and provide assurance on their presentation and disclosure.

4)Internal Control Report: In some cases, companies are required to provide an internal control report, which outlines management's assessment of the effectiveness of internal controls over financial reporting. The auditor's report may include a reference to the internal control report and provide assurance on its reliability.

5)Other Supplementary Information: The auditor's report may also reference or provide assurance on other supplementary information included in the annual report, such as schedules, disclosures, or additional financial data that accompany the financial statements.

It's important to note that the specific documents covered by the auditor's report may vary depending on the reporting requirements and regulations applicable to the company or organization being audited.

Import spending is subtracted from the sum of consumption, investment, government purchases and export spending in the calculation of GDP because import represents spending on goods and services that are not produced in that economy.

Gross domestic product is the total sum of goods and services produced in a particular economy in a given period. One of the ways that can be used to determine the value of GDP is the expenditure approach.

The expenditure approach to determine GDP = Consumption + investment + government purchases + ( export - import).

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Answer:

D) certificate of deposit.

Explanation:

Answer:

It is said that when Okomfo Anokye was born in Awukugua he was already holding in his right hand a short white tail of a cow (Podua); and he had so firmly clenched the fist of the other hand that no one could open it. The woman who went to deliver the labouring mother tried to open it because she suspected there was something in it. The father was called in to assist... Okomfo Anokye opened his eyes and, staring at the father, quickly opened the mysterious hand, showing it to the father and saying "Ano....Kye" (Guan language) meaning "Ano...see" and gave to the father what was in it. It is alleged that it was a talisman. From this incident Kwame Agyei got his name "Anokye".

Explanation:

Answer: c. To reduce the balances of revenue and expense accounts to zero so that they may be used to accumulate the revenues and expenses of the next period.

Explanation:

Closing entries are the journal entries that are made at the end of an accounting period in order to be able to transfer temporary accounts to the permanent accounts.

The primary purpose of closing entries is to reduce the balances of revenue and expense accounts to zero so that they may be used to accumulate the revenues and expenses of the next period.

Therefore, the correct option is C.

Explanation:

● Steps on how to create your own app

First you have to know coding and programing...

Answer:

A

Explanation:

it allows users to create and edit macros edge 2021

The answer is false. In the implementation stage of scenario planning, managers will not necessarily activate the dominant strategic plan. Instead, they will use the scenario planning process to evaluate different strategic options and develop a range of contingency plans based on various possible future scenarios.

The purpose of scenario planning is to help organizations prepare for unexpected events and ensure that they have the flexibility to adapt to changing circumstances. This means that may need to revise their strategic plans and adjust their actions based on new information or unexpected events that arise during the implementation stage.

Ultimately, the goal of scenario planning is to enable organizations to make better decisions and navigate uncertain environments with greater confidence and agility.

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Answer is the letter C

The steady growth line indicates that the economy improves steadily over several business cycles.

In conclusion, the correct option is C.

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Answer:

false

Explanation: