Answer:3 grills
Explanation: Each grill can cook 20 meals in an hour so 3 grills is needed, the restaurant could cook 60 meals in one hour
John Rawls owns and operates Philosophical Consulting, Inc. During 2019 and 2020 he made the following purchases of assets for use in the business:
Asset Date of Purchase Cost
Office Furniture 5/1/2019 $100,000
Computer System 9/15/2020 $500,000
In addition, his business income before any cost recovery deduction in 2020 is $350,000. Prior to 2020, he only used regular MACRS depreciation for all purchases. However, at the beginning of 2020 he decides to take the maximum deduction possible for all new purchases. Ignore any excess business or net operating loss limitations.
Required: What is the 2020 cost recovery deduction for Philosophical Consulting, Inc?
Answer:
The right solution is "600000".
Explanation:
The given values are:
Cost of office furniture,
= $100,000
Cost of the computer system,
= $500,000
The changed MACRS enables a company to reduce the mortgage balance of such deteriorating properties over time.Throughout the very first years, MACRS permits quicker depreciation although subsequently slows down depriving. This seems to be fantastic for corporations from a tax point of view.Now,
The cost recovery deduction will be:
= \(Office \ furniture+Computer \ system\)
On substituting the values, we get
= \(100000+500000\)
= \(600000\)
The micro-EWOT implies, inter alia, all of the following, EXCEPT
Option (c), All of the following are implied by the micro-EWOT, with the exception of uncritical reasoning.
What dangers may EWOT pose?EWOT poses no risks or adverse effects when used correctly and for no more than 15 minutes at a time. When more oxygen is breathed than is recommended, there is no risk of becoming ill from it.
How is EWOT unique from hyperbaric oxygen?HBOT functions in a different way than EWOT. HBOT is a passive procedure in which the pressure forces oxygen into the tissues. More oxygen enters the tissues as a result of the plasma's super saturation caused by EWOT. After then, the extra oxygen is used by the body.
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The complete question is:
The micro-EWOT implies, inter alia, all of the following, EXCEPT
Marginal cost/benefit analyses Opportunity cost calculi Uncritical reasoning Plausible,L-MEST-G data Inter-temporal comparisonsWilson sells software during the recruiting seasons. During the current year, 10,000 software packages were sold resulting in $470,000 of sales revenue, $130,000 of variable costs, and $48,000 of fixed costs. If sales increase by $80,000, operating income will increase by ________. (Round interim calculations to two decimal places and the final answer to the nearest whole dollar.) Group of answer choices $48,000 $57,872 $32,000
Answer:
$57,872
Explanation:
Calculation to determine what the operating income will increase by
Price = $470,000 / 10,000
Price= $47.00
Sales in software packages = $80,000 / $47.00 Sales in software packages= 1,702.13 software packages
Operating income increase = 1,702.13 × $34.00 per
Operating income increase = $57,872
Therefore the operating income will increase by
$57,872
M6-15 (Algo) Computing and Interpreting the Gross Profit Percentage [LO 6-6]
Cost of goods sold is deducted from net sales to determine a company's gross profit margin percentage. To determine the gross profit margin in percentage terms, this amount is then divided by net sales.
What is meant by Gross Profit Percentage?Cost of goods sold (COGS) is deducted from net sales to determine a company's gross profit margin percentage (gross revenues minus returns, allowances, and discounts). To determine the gross profit margin in percentage terms, this amount is then divided by net sales.
Direct costs or cost of goods sold (COGS) are subtracted from net sales to determine the gross profit margin (gross revenues minus returns, allowances and discounts). To determine the gross profit margin ratio, this amount is multiplied by 100% and then divided by net revenues.
By deducting direct costs or the cost of goods sold (COGS) from net sales, the gross profit margin is calculated (gross revenues minus returns, allowances and discounts). The gross profit margin ratio is determined by dividing that sum by net revenues and multiplying the result by 100%.
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Your company will generate $60,000 in annual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 8.50 percent, what is the present value of the savings? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)Present value
Answer:
The answer is "\(\$307,110.81\)"
Explanation:
Following are the calculation for the present value of the saving:
Present value\(= c\times \frac{1-[\frac{1}{(1+r)^t}]}{r}\\\\\)
\(=\$60,000 \times \frac{1-[\frac{1}{(1+8.5\%)^7}]}{8.5\%}\\\\=\$60,000 \times 5.118514\\\\= \$307,110.81\\\\\)
therefore, the present value of the savings is \(\$307,110.81\)
"Is college the best choice?" Using economic reasoning skills you have learned in this course, you will write an extended paragraph making a claim to the prompt, cite two pieces of evidence directly from the sources, and explain your reasoning of how this evidence connects to the claim.
Answer:
College education is undoubtedly the best choice for individuals seeking higher-paying jobs and better career prospects. According to the Bureau of Labor Statistics, individuals with a bachelor's degree earn an average of $1,248 per week, while those with only a high school diploma earn an average of $746 per week. This means that college graduates earn almost twice as much as those without a college degree. Additionally, a report by Georgetown University's Center on Education and the Workforce found that by 2020, 65% of all jobs in the United States will require some form of postsecondary education. This means that individuals without a college degree will have limited job opportunities and will be at a disadvantage in the job market.
The evidence from the Bureau of Labor Statistics and Georgetown University's Center on Education and the Workforce supports the claim that college education is the best choice. The higher earnings of college graduates compared to those without a college degree indicate that investing in a college education can lead to better financial outcomes. Furthermore, the report by Georgetown University's Center on Education and the Workforce highlights the increasing demand for postsecondary education in the job market. This means that individuals without a college degree will have limited job opportunities and will be at a disadvantage in the job market. Therefore, it is clear that college education is the best choice for individuals seeking higher-paying jobs and better career prospects.
Which components should Enterprise Free Cash Flows include? I. Capital expenditures II. Financing costs III. Taxes IV. Working capital requirements
Answer:
I , III and IV
Explanation:
The free cash flow is the cash flow in which the cash is left after paying off the operating expenses and the capital structure
Free cash flow is
= EBIT × (1 - tax rate) + depreciation & Amortization - changes in net working capital - capital expenditure
Therefore, the correct option is I, III and IV and the same is to be considered
Africanisation ( how will you incorporate the learners' culture or heritage into this lesson - playing traditional game, or doing a traditional activity, singing a song, telling a story that relates to the learners culture, use a traditional African teaching strategy - be creative and make this lesson relevant to the learners culture )
Incorporating learners' culture or heritage into a lesson on Africanisation can be done in a creative and engaging manner.
To make the lesson relevant, I would begin by introducing the topic through a storytelling session, sharing a traditional African tale that highlights the importance of preserving cultural identity. This storytelling session would help students connect with their heritage and develop a sense of pride in their cultural roots.
After the storytelling, I would organize a group activity where students can participate in a traditional African game, such as Mancala or Morabaraba. This game not only promotes critical thinking and problem-solving skills but also exposes students to a traditional African activity that has been enjoyed for generations.
To further immerse students in their culture, I would include a segment where we learn and sing a traditional African song or chant. This would allow students to experience the rhythmic and melodic aspects of African music, fostering a sense of unity and shared heritage among the learners.
Lastly, I would incorporate a teaching strategy known as Ubuntu, a concept deeply rooted in African culture. Ubuntu emphasizes the interconnectedness and interdependence of individuals within a community. Through group discussions and collaborative learning tasks, students would practice Ubuntu, working together, sharing ideas, and respecting diverse perspectives.
By incorporating storytelling, traditional games, music, and Ubuntu, this lesson would provide a comprehensive and culturally relevant exploration of Africanisation, empowering students to appreciate and embrace their own heritage while fostering a sense of unity and respect for others.
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The NYSE is an example of a(n) _______________ exchange while NASDAQ is an example of a(an) __________________ market. Organized; over-the-counter Broker; dealer Electronic; private Private; public
Considering the functions and operations of the organizations, The NYSE is an example of a(n) Organized exchange while NASDAQ is an example of a(an) Over the Counter market.
NYSE is an acronym for the New York Stock Exchange. It is generally considered the most significant capital market in the world, with over $30 trillion. Its stock market is deemed to be stable. It is also known as a designated market.
On the other hand, NASDAQ is an acronym for National Association of Securities Dealers Automated Quotations. However, its stock market is considered to be volatile. It is also a dealer market
Hence, in this case, it is concluded that the correct answer is option A. "Organized; over-the-counter."
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what is paying divedends to stockholders do?
Dividends are paid out by companies as a strategy to reward present stockholders and lure in new ones.
Owners of one or more shares of a company's capital stock are referred to as stockholders or shareholders. As a result of being seen as distinct from the corporation, an investor is only partially liable for its debts. Common stockholder is a term used to describe a person who owns shares of common stock in a firm. The corporation's board of directors is chosen by the company's common investors, who also cast ballots on specific decisions like the company's merger with another corporation. When a business succeeds more and more, common stockholders typically benefit financially. Some businesses also issue preferred stock along with common stock. Preferred stockholders are the people who own shares of preferred stock.
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what is different between applied market research and basic market research
what is Internal information ?
Answer:
Internal information is any information, oral or recorded in electronic or paper format, maintained by the District or used by the District or its employees.
Explanation:
HOPE THIS HELPS AND HAVE A NICE DAY <3
in the united states ,dollar bills, , and dimes are representative money
Answer:
In the United States, dollar bills, nickels, and dimes are Representative money It can be exchanged for a valuable good, was used in systems involved a "gold standard", and can be traded for a commodity such as silver.
The price elasticity of supply reflects the flexibility of firms to increase or decrease the quantity supplied.
Which of the following does NOT increase flexibility?
So far in this chapter, all of the elasticity metrics have been related to the demand side of the market. Knowing how sensitive the amount given is to a change in pricing is also helpful.
Let's say there is a surge in apartment demand. There will be a dearth of flats available at the previous level of rent, which will put pressure on rents to increase. With all other factors remaining constant, the lower the rise in rent necessary to address the shortfall and restore market equilibrium, the more sensitive the supply of available flats is to changes in monthly rates. In contrast, price would need to climb more if quantity provided is less responsive to price changes, resulting in a shortage brought on by a spike in demand.
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You realize you forgot to pay yourself for work done in February. You create an account called
"Accrued Expenses" (Account #221) and record the $300 due you for your accounting work
You use Feb23.2 as the entry number
Based on the fact that you created an account called accrued expenses and need to record the $300 you are due for your accounting work, the journal entry would be:
Date Account Title Debit Credit
Feb 23 Accrued expenses $300
Accounts Payable $300
How to record accrued expenses?Accrued expenses are expenses which means that they will be recorded like expenses are. When expenses increase, they are debited to the expenses account which in this case is the Accrued expenses account. The amount of $300 is therefore debited to the Accrued expenses account.
Accrued expenses mean that a business has not paid for certain expenses and so owe them. They will therefore be credited to the accounts payable account as was done above.
Rest of the question is:
You use Feb23.2 as the entry number to make the relevant journal entry.
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What is the function of the audio tools on the Format contextual tab?
Answer:
to determine how an audio file will appear on a slide
Explanation:
i got it right on edj :)
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Which of the following statements is true regarding project managers?
O a. Project managers have authority over the project but not over the people assigned to it.
O b. Project managers have authority over finances but not over the product assigned to them.
c. Project managers have authority over resources but not over the project assigned to them.
d. Project managers have authority over people but not over the project assigned to them.
O e. Project managers have authority over people but not over the other resources assigned to the project.
The truth regarding project managers is option a. Project managers have authority over the project but not over the people assigned to it.
As the leader of a project, a project manager is responsible for ensuring the project's success by overseeing various aspects such as planning, execution, monitoring, and closure. They are also in charge of managing the project's scope, time, cost, quality, and risks. However, a project manager's authority over the people assigned to the project is often limited.
While they can assign tasks and set deadlines, they may not have direct control over the team members, as these individuals usually report to their functional managers. Project managers work with functional managers to coordinate resources and ensure team members are engaged and contributing effectively to the project. This arrangement enables project managers to focus on the overall project objectives and delegate specific tasks to team members with relevant expertise.
Project managers rely on their communication, negotiation, and problem-solving skills to work effectively with team members and stakeholders to achieve project goals. In summary, project managers have authority over the project, but their authority over the people assigned to it is often limited, as team members usually report to their respective functional managers. Therefore, the correct answer is option a.
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Question 1: Ron Knuckle set up a business selling keep fit equipment, trading under the name of Buy Your Biceps Shop. He put $7.000 of his own money into a business bank account (transaction A) and in his first period of trading, the following transactions occurred. Transactions:
B: Paid rent of shop for the period: $3.500.
C: Purchased equipment (inventories) on credit: $5.000.
D: Raised loan from bank: $1.000.
E: Purchase of shop fittings (for cash): $2.000.
F: Sales of equipment cash: $10.000.
G: Sales of equipment, on credit: $2.500.
H: Payments for trade accounts payable: $5.000.
I: Payments from trade accounts receivable: $2.500.
J: Interest on loan (paid): $100.
Required: Identify the debit, the credit entries and the amount in the above transactions
Answer:
Explanation: YOU WOULD GET 300,000
Which is an example of a diversified portfolio?
A. A variety of stocks, bonds, and bank accounts
B. A variety of high-risk stocks
C. High-yield bonds and growth stocks
D. Multiple bank accounts with high interest
A variety of stocks, bonds, and bank accounts.
What Is Diversification?
A portfolio's investments are mixed together in a broad variety as part of the risk management approach known as diversification. To reduce exposure to any one asset or risk, a diversified portfolio combines a variety of different asset classes and investment vehicles.
This strategy is justified by the idea that a portfolio made up of many asset classes would, on average, produce superior long-term returns and reduce the risk of any one holding or security.
In order for the beneficial performance of certain assets to offset the bad performance of others, diversification aims to smooth out unsystematic risk occurrences in a portfolio. The benefits of diversity only apply if the assets in the portfolio are not fully linked; in other words, if they react to market factors differently, frequently in opposite directions.
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The price for predictability is often
Answer: The price for predictability is often long-term boredom.
Cash paid to creditors ra 9000 after deducting 10% discount journal entry
Department 1 of a two department production process shows: Units Beginning Work in Process 10,000 Ending Work in Process 50,000 Total units to be accounted for 160,000 How many units were transferred out to Department 2?
Answer:
20000 for ending work 100000 total & 320000 are accounted for
Question 1 (4 points)
Identify four Rules of Behavior you would want if you shared an apartment with a
roommate.
Answer:
Take turns paying the rent.
clean up after yourself.
Explanation:
because if you both live there it's not fair if one pays rent and other doesn't pay for anything.
clean up after yourself others
wise it will always be dirty or only one person cleaning
compare and contrast the different types of sentences in active writing.
In active writing, there are four different types of sentences: simple, compound, complex, and compound-complex.
A simple sentence consists of one independent clause and expresses a single idea. This type of sentence is commonly found in concise writing and can be useful for emphasizing a main point.
A compound sentence consists of two or more independent clauses, joined by a coordinating conjunction such as "and" or "but." This type of sentence is useful for showing relationships between ideas and can help the writer connect different ideas cohesively.
A complex sentence consists of an independent clause and at least one dependent clause. The dependent clause cannot stand alone as a complete sentence. This type of sentence emphasizes a subordinate idea to the main idea.
A compound-complex sentence consists of two or more independent clauses and at least one dependent clause. This type of sentence combines the features of the compound and complex sentence structures.
In general, the different sentence structures allow writers to convey a wide range of ideas and connect them in various ways. Each one has its advantages, and writers can use them strategically to create a clear and effective communication of their ideas.
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Dori is 58 years old and retired in 2019. She receives a pension of $25,000 a year and no other income. She wishes to put the maximum allowed into an IRA. How much can she contribute to her IRA?
Answer:
$7,000 per year
Explanation:
Since Dori is over 50 years old, she can contribute up to $7,000 per year to her IRA or Roth IRA account. If she was a little younger, less than 50 years old, her maximum contribution would have been $6,000 per year.
The IRS sets the maximum contribution limits that anyone can contribute to an IRA account, and that limit was set for 2019 and continues to be valid.
The Chartered Financial Analyst (CFA) designation is fast becoming a requirement for serious investment professionals. Although it requires a successful completion of three levels of grueling exams, the designation often results in a promising career with a lucrative salary. A student of finance is curious about the average salary of a CFA charterholder. He takes a random sample of 36 recent charterholders and computes a mean salary of $162,000 with a standard deviation of $36,000. Use this sample information to determine the 90% confidence interval for the average salary of a CFA charterholder.
The confidence interval for the average salary of a CFA charter holder : ( 1,49,820, 1,74,180)
We assume that the salary of CFA charterholders is typically distributed.
Let the salary of CFA charter holders be = x
ATQ
n = 36 and x = 1,62,000
Degree of freedom :
df = 35 [ df= n-1]
s= $36,000
Significance level :
a = 1 - 0.95
= 0.05
Using the t-distribution table,
Ta/2, df = t(0.025), 35
= 2.030
95% confidence interval for the average salary of a CFA charterholders
1,62,000 + (2.030). 36000/√36
= 1,62,000 +- 12180
= ( 1,62,000 - 12180, 1,62,000 + 12180)
= ( 1,49,820, 1,74,180)
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please answer asap! In one to two sentences, explain how the money for a negative tax for low-income earners could be redistributed from high-income earners.
One way that money for a negative tax for low-income earners could be redistributed from high-income earners is by increasing tax rate on high income earners.
How to fund a negative tax ?One plausible method to address income inequality is via an increase in tax rates for high-income earners. By doing so, a larger percentage of their revenue would be allocated towards taxes which could then be utilized to finance the negative tax program.
Another potential avenue would involve imposing a wealth tax upon individuals or households based on their net worth. This type of taxation would predominately affect those with significant lifetime acquisition of assets and resources – particularly the wealthiest members of society.
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What is the correct definition of an ad valorem tariff?
A.
It varies with the type of goods imported.
B.
It is a fixed charge on the value of imported goods.
C.
It is a percentage of the value of the imported goods.
D.
It varies with the foreign content of the imported goods.
Answer:
c
Explanation:
that is an answer and cheak your answer
On April 20, 2010, an oil rig in the Gulf of Mexico experienced a blowout. As a direct result of the blowout, more than 200 million gallons of crude oil were pumped into the Gulf of Mexico for a total of 87 days, making it the biggest oil spill in U.S. history. The following are some of the results directly attributed to the oil spill. Choose the appropriate societal impact from the dropdown list provided.
a. The initial oil rig explosion killed 11 people and injured 17 others.
b. Of the 400 miles of Louisiana coast, approximately 125 miles were polluted by the oil spill.
c. 170 US Coast Guard vessels, 7,500 employees, and 2,000 volunteers were engaged in grassroots cleanup activities.
d. 4,768 dead animals were collected as of August 2013. 4,080 of those were birds and 525 were sea turtles.
e. The fishing industry in the gulf lost $2.5 billion.
f. The gulf coast tourist industry lost approximately $23 billion in revenue.
g. 108 individuals working on the cleanup efforts reported symptoms including dizziness, vomiting, nausea, headaches, and chest pains, according to the Louisiana Department of Health.
h. Investors saw the value of their stock in the affected company drop by 54% in the three months following the oil spill.
Choosing the appropriate societal impact from the dropdown list for some of the results attributed to the Gulf of Mexico Oil Spill is as follows:
Results Societal Impacta) 11 people killed and injured 17 others. Health and Safety risks
b) 125 miles were polluted Environmental Damage
c) 170 US Coast Guard vessels,
7,500 employees, and 2,000 volunteers Social Disruption
d) 4,768 dead animals Environmental Damage
e) The fishing industry Social Disruption
f) The gulf coast tourist industry Social Disruption
g) 108 workers reported symptoms Health and Safety risks
h) Investors saw the value of their stock Social Disruption
What are the societal impacts of the Deepwater Horizon Spill?On April 20, 2010, the Gulf of Mexico Oil Spill was the largest marine oil spill.
Some of the societal impacts included:
Environmental DamageSocial DisruptionHealth and Safety risks.Thus, the Deepwater Horizon Spill recorded many socio-economic impacts as enumerated above.
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Suppose a farmer is expecting that her crop of oranges will be ready for harvest and sale as 150,000150,000 pounds of orange juice in 33 months time. Suppose each orange juice futures contract is for 15,00015,000 pounds of orange juice, and the current futures price is F_0 = 118.65F 0 =118.65 cents-per-pound. Assuming that the farmer has enough cash liquidity to fund any margin calls, what is the risk-free price that she can guarantee herself.
Answer:
Explanation:
The risk-free rate is the interest that an investor will typically expect from an investment over a period of time.
From the question, the risk free price will be the current futures price which has been given as 118.65 cents per pound.
Therefore, since the farmer is ready for harvest and sale as 150,000 pounds of orange juice in 33 months time, he will have a price of:
= 150,000 × $118.65
= $17,797.5