allen retired from the partnership of allen, beck, and chale. allen's cash settlement from the partnership was based on new goodwill determined at the date of retirement plus the carrying amount of the other net assets. as a consequence of the settlement, the capital accounts of beck and chale were decreased. in accounting for allen's withdrawal, the partnership could have used the
Answers
In accounting for Allen's withdrawal from the partnership, the partnership could have used the "bonus method" or the "goodwill method."
What is the bonus method?Bonus Method: Under the bonus method, the partnership adjusts the capital accounts of the remaining partners (Beck and Chale) by decreasing their capital balances.
This decrease is typically proportional to their respective profit and loss sharing ratios or as agreed upon in the partnership agreement. The amount of the decrease in their capital accounts reflects the cash settlement paid to Allen for his share of the partnership's goodwill.
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Related Questions
We wish to develop a confidence interval for the population mean. The population follows the normal distribution, the standard deviation of the population is 3, and we have a sample of 10 observations. We decide to use the 90 percent level of confidence. The appropriate value of to represent the level of confidence is ________________.
Answers
new england radiology (ner) serves a number of local hospitals with providing a full range of imaging services and differentiates itself by providing personalized high-touch patient care. on their site in andover ma, they operates one mri scanner, two x-ray imaging systems, and two ct scanners. staff is dedicated to its individual unit and is trained to operate only one of the above systems. ner is open 5 days a week, 52 weeks per year, between 8am and 6pm all patients arrive to the reception where they are registered by two clerks. after registration, patients proceed to the common waiting room waiting to be called in for the imaging or scanning service. ner wants to determine its staffing levels for reception clerks for next week. to do this, they first need a forecast for the average number of patients that will need radiology services. they have historical data for the past few weeks in the table below. which type of forecasting method uses only historical data: causal, qualitative, time series, or simulation? please create a 4-period moving average forecast for weekly demand. then compute the measure of error that is most appropriate when the cost of forecast error is proportional to its size. what is the estimate of demand for next week? week demand forecast error absolute error 1 100 2 95 3 102 4 101 5 97 6 103 7 96 8 sme tom 2002 - integration module 2 fall 2020 page 2 of 8 in addition to providing radiology services, ner provides the annual flu vaccine shots for patients. ner could purchase flu vaccines in bulk at a price of $10 per vaccine and the average reimbursement from patient insurance companies was $75 per vaccine. for safety reasons, the company outsourced disposal of excess vaccines at a cost of $5 per vaccine. historically, the average number of flu vaccines provided was 1,200 with a standard deviation of 80. q7. what is the cost per vaccine of exceeding the number of vaccines required? q8. what is the cost per vaccine of not having enough vaccines? q9. how many vaccines should you order?
Answers
The method of forecasting that uses only historical data is time series. The 4-period moving average forecast for next week's demand is 99.25. The cost of overestimating is $65, and the cost of underestimating is $750. The recommended number of vaccines to order is 1,223.
A 4-period moving average forecast for weekly demand can be computed by adding the demand for the previous four weeks and dividing it by four. The measure of error that is most appropriate when the cost of forecast error is proportional to its size is the mean absolute deviation (MAD), which is calculated by taking the absolute value of the forecast error for each week, adding them up, and dividing by the number of weeks.
Using the data provided, the 4-period moving average forecast for next week's demand would be (97 + 103 + 96 + 101) / 4 = 99.25. The MAD is (5 + 6 + 3 + 2) / 4 = 4, so the estimate of demand for next week is expected to be within plus or minus four patients.
To answer the flu vaccine questions:
The cost per vaccine exceeding the number of vaccines required is $5 (the cost of outsourcing the disposal of excess vaccines).
The cost per vaccine of not having enough vaccines is $65 ($75 reimbursement minus $10 cost per vaccine).
Based on historical data, the average number of flu vaccines provided is 1,200 with a standard deviation of 80. Using a safety stock of 1.65 (corresponding to a 95% service level), the recommended number of vaccines to order would be (1,200 + 1.65 * 80) - 1,200 = 132.
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How accurate are measures of poverty? Measures of poverty, such as the poverty rate, are inaccurate in that they include noncash benefits such as food stamps. inaccurate in that they are based on income with government transfer payments included. accurate in that they are snapshots in time. inaccurate in that they ignore the effects of government programs meant to reduce poverty. accurate for the United States but not for other countries around the world.
Answers
Measures of poverty, such as the poverty rate, are inaccurate in that they include noncash benefits such as food stamps.
The poverty rate, commonly used to measure poverty, is calculated based on income thresholds set by the government. However, it is important to note that these measures often include noncash benefits, such as food stamps or housing subsidies, when determining an individual's income. This inclusion of noncash benefits can potentially inflate the reported income and lead to an inaccurate representation of the poverty level.
Including noncash benefits in the calculation of poverty rates can be misleading because these benefits do not directly increase an individual's cash income, which is often a more accurate indicator of economic well-being. By incorporating noncash benefits, the poverty rate may appear lower than it would if only cash income were considered, giving a potentially distorted view of the actual poverty situation.
Measures of poverty, such as the poverty rate, are inaccurate in that they include noncash benefits such as food stamps. To gain a more comprehensive understanding of poverty, it is important to consider both cash income and noncash benefits separately and evaluate their impact on an individual's economic situation.
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what is measured by the level of real gdp divided by hours worked over that year? a.productivity for a given year. b.growth rate of real gdp. c.nominal gdp per person. d.real gdp per person.
Answers
b.growth rate of real gdp is measured by the level of real gdp divided by hours worked over that year.
Gross domestic product is a financial degree of the market fee of all the very last goods and services produced and offered in a particular time period via international locations. due to its complicated and subjective nature this measure is often revised earlier than being considered a dependable indicator.
GDP measures the financial value of very last items and offerings—that is, the ones that are sold by means of the very last consumer—produced in a country in a given time frame (say 1 / 4 or a yr). It counts all of the output generated inside the borders of a rustic
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Which of the following gas satisfaction measures wWhich of the following gas satisfaction measures would Be this for a company to use if they want to estimate how many customers might recommend them to their friends?
CES
CSAT
PSC
NPS
Answers
Answer:
Simple Random Sample
Explanation:
Which represents the greatest acceleration?
200 m/s
200 cm/s2
0.020 km/s2
0.002 km/s2
Answers
Answer:
(3) 0.020km/s²
Explanation:
The option with greatest acceleration is the one with greatest magnitude.
To do this, we have to analyse each if the given options.
1. 200m/s.
This doesn't represent acceleration because acceleration is not measured in m/s. Rather, this option is a measure of velocity..
2. 200 cm/s²
[Convert to m/s²]
= 200 / 100 m/s²
= 2 m/s²
3. 0.020 km/s²
[Convert to m/s²]
= 0.020 * 1000m/s²
= 20m/s²
4. 0.002 km/s²
[Convert to m/s²]
= 0.002 * 1000 m/s²
= 2m/s²
By comparison options 1 through 4, option (3) has the highest magnitude of acceleration.
Hence, 0.020km/s² is the highest acceleration
Question 7, 2008 WAEC. Kofi is a dealer in general merchandise. The following are his transactions for the month of June, 2002. June 1: Sold goods to Mensah Le 20,000 less 10% trade discount. June 4: Purchases from Kwesi the following: 200 iron rods at Le20 each 100 fillers at Le30 each June 6: June 7: June 9: Invoice subject to 10% trade discount. Purchased from Asante Ltd., 10 bottles of gin at Le 30 each. Returned 60 iron rods purchased on 4th June, to kwesi. Sold the following to Kojo: 300 bags of cement at Le15 each, Less 15% trade discount, 150 tins of target at Le10 per tin. June 18: Kojo returned 10 bags of cement bought on the 9th of June. June 20: Sold to Jones 80 iron rods at Le50 each 110 bags of cement at Le16 each 250 fillers at Le35 each Invoice subject to 50% trade discount June 21: Jones was allowed 50% reduction on the total invoice price for goods damaged in transit. June 30: Purchased from Femi: 100 bags of cement at Le 15 each 50 gallon of oil paint at Le20 each 300 metal sheets at Le18 each You are required to write up the following: (a) sales day book (b) sales returns book (d)purchases returns book purchases day book.
Answers
Answer: Table uploaded in the Explanation Section
Explanation:
KOFFI SALES DAY BOOK
DATE QTY DESCRIPTION UNIT PRICE (N) AMOUNT (N) TOTAL (N)
1-Jun Mensah
Goods 20, 000
Less 10% Trade Discount (2, 000) 18, 000
9-Jun Kojo
300 Bags of Cement 15 4, 500
Less 15% Trade Discount -675 3, 825
150 Tins of Target 10 1, 500
5, 325
20-Jun Jones
80 Iron rods 50 4, 000
110 Bags of Cement 16 1, 760
250 Fillers 35 8, 750
14, 510
Less 15% Trade Discount (2, 177) 12, 333
35, 658
KOFFI PURCHASES DAY BOOK
DATE QTY DESCRIPTION UNIT PRICE (N) AMOUNT (N) TOTAL (N)
4-Jun Kwesi
200 Iron rods 20 4, 000
100 Fillers 30 3, 000
Less 10% Trade Discount -700 6, 300
6-Jun Asante Ltd
Bottles of Gin 30 300
30-Jun Femi
100 Bags of Cement 15 1, 500
50 Gallons of Oil Paint 20 1, 000
300 Metal Sheets 18 5, 400 7, 900
14, 500
SALES RETURNS BOOK
DATE QTY DESCRIPTION UNIT PRICE (N) AMOUNT (N)
18-Jun Kojo
10 Bags of Cement 15 150
2,250
PURCHASES RETURNS BOOK
DATE QTY DESCRIPTION UNIT PRICE (N) AMOUNT (N)
7-Jun Kwesi
60 Irons rod 20 1, 200
1, 200
Question 22 of 29
Match each type of good below with an example of that type of good.
Merit good
Public good
Individual good
?
?
?
Education
School buildings
Textbooks
SUBMIT
Answers
Merit good: Education
Public good: School buildings
Individual good: Textbooks
Merit goods are goods or services that are considered beneficial for individuals or society as a whole, even if they may not be fully recognized or demanded by individuals in the market. Education is an example of a merit good because it provides long-term benefits to both individuals and society by improving knowledge, skills, and overall human capital. The government often intervenes to ensure the provision of education as it is seen as essential for the well-being and progress of society.
Public goods are goods or services that are non-excludable and non-rivalrous in consumption, meaning that once they are provided, they are available to all and one person's consumption does not diminish the availability for others. School buildings can be considered as public goods because they can be used by multiple individuals simultaneously without exclusion. They provide a shared infrastructure for educational purposes that benefits the community as a whole.
Individual goods are goods that are rivalrous in consumption and can be excluded from others. Textbooks are an example of individual goods as they can be owned by individuals and used exclusively by them. Each textbook has a limited supply and can only be used by one person at a time. Access to textbooks can be restricted, and individuals need to acquire their own copies.
In summary, education is a merit good as it benefits individuals and society, school buildings are public goods as they provide shared infrastructure, and textbooks are individual goods as they can be owned and used exclusively by individuals.
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The wall materials cost $500 per linear meter and your company allocates $7,200,000 for that part of the project involving the walls. Which dimensions maximize the area of the warehouse?
Answers
The dimensions that maximize the area of the warehouse is Length is 3600 m and Breadth is 1800 m .
In the question ,
it is given that ,
the cost of wall material linear per meter is = $500 per linear meter .
amount allocated by the company is = $7200000 .
From the figure given below .
we can see that ,
the total linear length of the wall material is = (2L + 4w)
According to the question ,
500(2L + 4w) = 7200000
1000(L + 2w) = 7200000
L + 2w = 7200
So , L = 7200 - 2w
the area(A) of the warehouse = L × w ,
Substituting the values of L from above ,
we get ,
A = (7200 - 2w)×w
A = 7200w - 2w²
differentiating the area with respect to the width and equating to 0 ,
we get ,
dA/dw = 7200 - 4w = 0
w = 7200/4
w = 1800 m
So , L = 7200 - 2(1800)
= 7200 - 3600
= 3600 m .
So , the maximum area is = 3600 ×1800
= 64,80,000 m² .
Therefore , the dimensions are length = 3600 m and width = 1800 m .
The given question is incomplete , the complete is
The wall materials cost $500 per linear meter and your company allocates $7,200,000 for that part of the project involving the walls. Which dimensions maximize the area of the warehouse(figure given below) ?
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setting goals and figuring out how to achieve them describes the function of the management process. multiple choice question. controlling organizing planning leading
Answers
Defining objectives and sorting out some way to accomplish them portrays the capability of the administration interaction planning is the capability of the executives that includes setting goals and deciding a strategy for accomplishing those targets.
Planning is the capability of the board that includes setting targets and deciding a strategy for accomplishing those goals.
There are four by and large acknowledged elements of the executives: planning, organizing, leading, and controlling. These capabilities cooperate in the creation, execution, and acknowledgment of authoritative objectives. The four elements of the board can be viewed as an interaction where each capability expands on the past capability.
Hence option (C) is correct.
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Which best explains how consumers purchases influence the decisions of
producers?
Producers can judge whether they have an efficient production process based
on what consumers buy.
Producers can determine how best to reduce waste by knowing what consumers
don't buy
Producers can predict the effects of new technologies based on the
technologies used by consumers.
Producers can figure out what consumers are willing to pay based on what they
buy
WU
Answers
Answer:
Producers can figure out what consumers are willing to pay based on what they buy
How does the financial market impact the economy?
Answers
Financial markets help to efficiently direct the flow of savings and investment in the economy in ways that facilitate the accumulation of capital and the production of goods and services.
The needs of borrowers and lenders are met by the combination of well-established financial markets and institutions as well as a wide range of financial products and instruments, which benefits the economy as a whole.
Investors can specialize in specific industries or services, diversify their risks, or do both thanks to financial markets (like those that trade stocks or bonds), instruments (including bank CDs, futures, and derivatives), and institutions (like banks, insurance companies, mutual funds, and pension funds). Financial markets and financial institutions, collectively contribute to economic growth; nevertheless, the relative proportion of the two does not seem to be a significant determinant in growth.
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Which of the following list of factors of production would be considered land?
O Factories, assembly lines, buildings
O Farms, tractors, pesticides
O Iron ore, natural gas, water
O Dams, bridges, oil wells
Answers
Explain what diversification means and how it can help manage risk. (Answer in 3-5
sentences)
Answers
Answer:
See below
Explanation:
Diversification involves investing in different and diverse classes of assets. In diversification, the investor opts to spread his capital in several investment options rather than focusing on one investment vehicle.
Diversification is a risk management strategy. Since investments are spread in different classes of assets, the investor does not suffer total losses should the market progress in the unexpected direction one class of investments. Investment tools do not react the same to market events. In the case of uncertainties, some investments will make losses and other profits. This way, the investor's capital will not be wiped out.
Should the job evaluation depend on an appraisal of the jobholder's performance? Why? Why not?
Answers
No, the Job evaluation should not base on the appraisal of the jobholder's performance.
Job evaluation helps to determine the value of a job in comparison to other jobs in an organization.
The job appraisal have to do with evaluation of the performance of a certain employee occupying a certain job position.
So, the Job evaluation should not base on the appraisal of the jobholder's performance because the performance of different employee in certain position can changes.
Therefore, the Job evaluation should not base on the appraisal of the jobholder's performance.
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.Others at work see me as assertive. need answers for application
Answers
Answer:
yes
Explanation:
It is an ability to defend your rights without hurting those of others. An assertive person, therefore, is the one who can express his emotions, needs, and opinions to others without being forceful in any way
Why is it common for producers of services to sell through short distribution channels directly to the end user
Answers
Answer: “The people providing the service often fo so by interacting directly with the user”
Explanation: just took the quiz
Answer: B. The people providing the service often fo so by interacting directly with the user
Explanation: I just took the quiz and the answer was correct
Question 6 of 10
Which of the following speeds will produce lowest miles per gallon?
A. 75 mph
B. 45 mph
C. 85 mph
D. 55 mph
Answers
how many tines in earth does the sun intersect equartor
Answers
Answer:
два
Explanation:
Noriko analyzes ways to create and improve computer systems.
Boris helps people who are having difficulty using computers.
Lane writes code for operating systems.
Jewel tests software to identify problems.
Carla fixes and maintains databases.
Ignacio plans, organizes, and oversees information technology projects.
Answers
Answer:Brian uses ultrasound technology to create images of a patient’s liver and kidneys.
Nigel performs tests on a patient to get information about how his heart is working.
Krystal analyzes X-rays to determine whether a patient has a broken arm.
Explanation:
Answer:
A. B. F.
Explanation:
Edge
when a brand becomes commonplace and identified with a category of goods rather than the unique product of a specific manufacturer, the brand may become a:
Answers
When a brand become commonplace and identified with category of goods rather than unique product of specific manufacturer,it become generic brand.
This means that the brand name is used to refer to all products within that category, regardless of who produces them. For example, the brand name "Kleenex" has become synonymous with facial tissues, even though there are many other manufacturers in a business facial tissues.
Becoming a generic brand can have both positive and negative effects for the original manufacturer. On one hand, the brand has become so well-known that it is associated with an entire category of goods, which can increase brand recognition and sales. However, it also means that the brand has lost its unique identity and is no longer associated exclusively with the original manufacturer. This can lead to decreased brand loyalty and difficulty in differentiating the product from competitors.
Overall, it is important for companies to maintain their brand identity and differentiate themselves from competitors to avoid becoming a generic brand. This can be done through unique product features, marketing strategies, and maintaining a strong brand image.
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as a percentage of gni, the trend indicated is that the share of manufacturing in developed countries began to be surpassed by manufacturing in developing countries in the mid-1990s. was less than manufacturing in developing countries in the mid-1970s. was greater than manufacturing in developing countries in the late 1980s. was roughly equal to manufacturing in developing countries in the early 1990s. was roughly equal to manufacturing in developing countries in the early 1980s.
Answers
The share of manufacturing in developed countries was greater than manufacturing in developing countries in the late 1980s.
According to the trend, manufacturing in developing countries started to overtake manufacturing in rich countries in the middle of the 1990s. However, in the mid-1970s, the share of manufacturing in developed countries was less than manufacturing in developing countries. In the early 1990s and early 1980s, the share of manufacturing in developed countries was roughly equal to manufacturing in developing countries.
This trend indicates a shift in the global manufacturing landscape. In the mid-1990s, developing countries started to increase their share of manufacturing, resulting in a higher percentage of GNI when compared to developed countries. This change could be attributed to factors such as globalization, cost advantages, and technological advancements in developing countries during that time period.
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The production era marked a time when companies were able to increase their profits because they were able to decrease their production costs.
True
False
Answers
Answer:
true
Explanation:
it was the time of the production line making it easy to make expensive things with people that are lower skilled and cheaper overall
Answer:
True
Explanation:
have a good day
the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%
Answers
It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).
What is Operating Leverage?The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.
Magnitude of operating leverage= 4.5
Old sales= $100000
New sales= $110000
Percentage increase in sales:
(New-old)/old = (110,000-100,000)/100,000
= 10%
Consequently, a percentage rise in profit might be anticipated:
sales percentage growth times the degree of operational leverage
= 10% * 4.5
= 45%
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PLEASE HELP Question 21(Multiple Choice Worth 5 points) (04.09 LC) A paid position with specific duties, tasks, and responsibilities in a particular place of work. O Career Interests O Job O Values Question 22 Multiple Choice Worth 5 points) con. PLEASE HELP
Answers
Answer:
Job
Explanation:
A job is any regular and legal activity that one does to earn money. A job is a responsibility, position, or role assigned to a worker/ employee. Each job has a job description which details what duties the employer expects the employees to perform.
A job refers to employment, either full-time or part-time. It is also a piece of work to be performed.
A product has three distinct layers. The second layer is the ________, which is the physical good or delivered service.
A) actual product
B) augmented product
C) core product
D) innovation
E) brand
Answers
A product has three distinct layers. The second layer is the actual product , which is the physical good or delivered service. (Option A).
The actual product represents the tangible features, functionalities, and attributes that customers can directly experience and interact with. It encompasses the physical aspects, performance, and quality of the product.
The actual product layer is one of the components in the broader product hierarchy, which also includes the core product (option C) representing the essential benefit or problem-solving aspect, and the augmented product (option B) incorporating additional features, services, or value-added elements beyond the physical product. Options D (innovation) and E (brand) are not specific to the second layer of a product.
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In business, a group of people who work together in an attempt to achieve some specific purpose is known as a(n) _____. Multiple choice question. cadre symposium cohort organization
Answers
There are different kinds of firms. In business, a group of people who work together in an attempt to achieve some specific purpose is known as an organization.
What is an organization?An organization is regarded as a combination or a group of people that are said to be working together such as an association, a charity, a union, etc.
The word organization also connote a group or business, or to the process establishing something.
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consider the market for capital equipment. suppose the value of the marginal product of capital equipment increases. holding all else constant, the equilibrium rental price of capital equipment will
Answers
Consider the market for capital equipment. suppose the value of the marginal product of capital equipment increases. holding all else constant, the equilibrium rental price of capital equipment will increase.
What is the relation between the marginal product of capital and the cost of capital?Capital's marginal product determines its real rental price. The cost of capital is determined by the real interest rate, depreciation rate, and relative price of capital goods.
Because the marginal product of capital declines as more capital is used, increasing capital reduces the marginal returns and its rental rate.
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Which of the following are part of the marketing mix? (Check all that apply)
Answers
Answer:
product, price, place, promotion—are often referred to as the marketing mix. These are the key elements involved in marketing a good or service, and they interact significantly with each other.
Explanation:
PLZZ mark brainlyist
7. Priscilla took out a loan for a new car. What is MOST likely to be TRUE about this process?
Answers
Answer: D. The bank will hold the title of the car until her loan is paid off.
Explanation:
When a person uses a car loan to buy a car, the car itself is also used as collateral which means that if the person defaults on the loan, the bank is allowed to repossess the car.
In order to do this, the bank will hold the title of the car until the borrower is able to pay off the loan. Only then is the title properly transferred to the owner who is this case is Priscilla.