the total of the credit amounts equals the total amount of the employer's payroll taxes, which is $275.03
To calculate the employer's payroll taxes for the pay period ended March 31st, we first need to calculate the employee's gross pay for March 31st:
Gross pay for March 31st = $1,020
Next, we calculate the FICA taxes:
Social Security tax = $1,020 x 6.2% = $63.24
Medicare tax = $1,020 x 1.45% = $14.79
Then, we calculate the FUTA and SUTA taxes:
FUTA tax = $7,000 x 0.6% = $42.00
SUTA tax = $8,000 x 1.95% = $156.00
Finally, we can prepare the journal entry to record the employer's portion of the payroll taxes:
Date: 03/31
Description: To record employer's portion of payroll taxes for the pay period ending March 31st
Debit:
Payroll taxes expense: $275.03
Credit:
FICA - Social Security taxes payable: $63.24
FICA - Medicare taxes payable: $14.79
FUTA taxes payable: $42.00
SUTA taxes payable: $156.00
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.
Choose a good you are familiar with, and analyze its economic utility, using the questions below. NOTE: Choose a good for this exercise, not a service. a. What type of good did you choose? (1 sentence. 1.0 points)
The correct answer to this open question is the following.
Unfortunately, you did not attach the "questions below." So we do not know what they are or what they say.
However, trying to help, we can comment on the following.
The good I am most familiar with is oil because my father works in the oil industry.
Oil has an enormous economic utility because it literally "moves the world." Oil is used in almost every industry. We use it on a daily basis. First of all, we use gasoline in our cars. We use gas in our homes. Hotels, corporations, public service buildings use gas or gasoline in different forms.
Oil companies are one the most powerful industries in the world. Companies such as British Petroleum, Exxon, Mobile, Shell, and many others, are dominant industries in most of the countries. Some economies are based on oil and its fluctuant price.
Although governments are trying to move on and use alternative forms of energy that protect the environment, oil is still the most important form of energy on planet Earth.
1. Despite the expense, why might a business choose to mail a catalog?
Answer:
Catalogs can promote a business's brand by displaying them in high-traffic areas and distributing them in stores. Customers often have an idea of what they want to buy after looking through a catalog. But, they'll likely find other items they want to buy when they go online or to a brick-and-mortar store to order.
at the end of 5 days, you repay your $1,000 loan plus $50 in interest. what is the ear? multiple choice question. 3,422.24% 2,534.17% 34.22% 1040%
According to the question of interest, the correct answer is 3,422.24%.
What is interest?
Interest is an amount of money charged by a lender to a borrower for the privilege of using the lender's money. It is typically expressed as a percentage of the principal, or original loan amount, that is charged over a period of time, usually a year. Interest can also refer to the amount earned by an investor on their investment, such as the return on a bond or a certificate of deposit. Interest is usually paid periodically, such as monthly or annually, and is usually calculated by multiplying the interest rate by the principal and the amount of time that the money is borrowed.
The interest rate is calculated by taking the total interest paid ($50) divided by the principal amount borrowed ($1,000).
In this case, the interest rate is 5%, so the effective rate (or EAR) is calculated by taking (1 + 0.05)⁵⁻¹.
This equals 3,422.24%.
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you founded your own firm three years ago. you initially contributed $200,000 of your own money and in return you received 2 million shares of stock. since then, you have sold an additional 1 million shares of stock to angel investors. you are now considering raising capital from a venture capital firm. this venture capital firm would invest $5 million and would receive 2 million newly issued shares in return. assuming that this is the venture capitalist's first investment in your firm, the post-money valuation of the angel investor's shares is closest to: group of answer choices $12.5 million. $4.0 million. $5.0 million. $2.5 million.
To calculate the post-money valuation of the angel investor's shares, we need to follow these steps:
1. Determine the total number of shares outstanding before the venture capital investment. You initially received 2 million shares, and you sold 1 million shares to angel investors. Therefore, there are 3 million shares outstanding before the venture capital investment.
2. Calculate the total number of shares outstanding after the venture capital investment. The venture capital firm would receive 2 million newly issued shares, bringing the total number of shares to 5 million (3 million existing shares + 2 million new shares).
3. Calculate the post-money valuation of the firm. The venture capital firm is investing $5 million for 2 million shares. To determine the value per share, divide the investment amount by the number of shares: $5 million / 2 million shares = $2.50 per share. Multiply the value per share by the total number of shares outstanding after the investment (5 million) to find the post-money valuation: $2.50 per share * 5 million shares = $12.5 million.
4. Calculate the post-money valuation of the angel investor's shares. The angel investors own 1 million shares. Multiply the value per share by the number of shares held by the angel investors: $2.50 per share * 1 million shares = $2.5 million.
Therefore, the post-money valuation of the angel investor's shares is closest to $2.5 million.
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Job descriptions, job specifications, and even job evaluations can now be downloaded quickly from O*NET. a. True b. False.
The option a. is true, O*NET is an online database that provides comprehensive information on job descriptions, skills, abilities, and other factors related to various occupations. It allows users to download job descriptions, job specifications, and job evaluations quickly and easily.
Therefore, the statement is true that job descriptions, job specifications, and even job evaluations can be downloaded quickly from O*NET. Job descriptions, job specifications, and job evaluations can indeed be downloaded quickly from O*NET. O*NET, or the Occupational Information Network, is an online database.
That provides comprehensive information on various occupations, including job descriptions, skills, abilities, and knowledge required for each occupation. This resource is valuable for individuals seeking career guidance, employers looking for job specifications, and researchers in the field of labour market analysis.
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in a problem statement, you can limit complexity by making ____________.
In a problem statement, you can limit complexity by making Assumption.
A problem statement is a brief explanation of a problem that needs to be solved or a situation that needs to be improved. It pinpoints the discrepancy between the desired (goal) state and the present (problem) condition of a process or product. The issue statement should be created with an emphasis on the facts and address the Five Ws. Understanding the issue at hand, which may be accomplished via the use of a problem statement, is a prerequisite for problem solving.
The majority of firms and organizations frequently employ problem statements while implementing process improvement initiatives. The project team will utilize a clear and concise problem statement to frame the issue and begin exploring potential solutions.
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digital technologies have caused a massive shift in how and where people buy, today's retailers must adopt what retailing strategy to address the new retailing model?
The digital transformation of retail can increase customer happiness and retention by giving customers the goods and services they want.
Digital technologies what are they?Digital technologies are any techniques, systems, equipment, or resources that produce, store, or process data electronically. Social media, online games, multimedia, and mobile phones are popular examples. Any sort of learning that employs technology is considered digital learning.
What alterations has technology made to the retail sector?The purchasing experience is more effective, more individualized, and more practical thanks to mobile technologies. Any retailer must focus on providing satisfying customer experiences. Mobile apps can speed up checkout procedures, assist customers find products, and provide customer care. The bottom line of the retailer also gains from this.
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Mikayla asked 10 of her friends how many hours of TV they watch in a week. Three of her friends said 8 hours, two of her friends said 9 hours, two of her friends said 11 hours, one of her friends said 12 hours, and two of her friends said 14 hours. Mikayla wanted to make a dot plot of the data she gathered. In what order would she create the dot plot? Draw a number line from 8 to 14. Show the frequency of each number. Title the dot plot. Show the frequency of each number. Title the dot plot. Draw a number line from 8 to 14. Title the dot plot. Show the frequency of each number. Draw a number line from 8 to 14. Show the frequency of each number. Draw a number line from 8 to 14. Title the dot plot.
Answer:A
Explanation:
Draw a number line from 8 to 14 . Show the frequency of each number.Title the dot plot.
Answer:
I think the answer is A, like the first person said.
Explanation:
market-based forecasting of exchange rates has shown to be more consistent and reliable than the other primary forecasting methods. true false
The following statement, "Market-based forecasting of exchange rates has shown to be more consistent and reliable than the other primary forecasting methods" is True.
Market-based forecasting is a type of forecasting that uses market data to predict future market trends. This method can be used to forecast demand for a product or service, as well as exchange rates.
Market-based forecasting is often used by businesses to make decisions about production, pricing, and marketing. This method can be useful for short-term forecasting, but it can also be used to predict long-term trends.
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What is receptive skills ?
Answer: They are skills where the person receives information.
Explanation: When it comes to receptive skills, it is where the person learns by receiving information. A common way to develop receptive skills is through reading and listening. A person who reads is someone who is receiving knowledge through the process of identifying the knowledge that he sees, while the person who listens receives it through hearing.
According to the digital disconnect and the lecture, the global digital divide is the result of _____.
According to Digital Disconnect, the global digital divide is the result of the hyper-commercialization of Internet development that only serves affluent populations/groups.
The Digital Disconnect refers to experts' examination of current theory, research, and practice in socio-digital inequality. The Digital Disconnect provides a thorough analysis of capitalism's exploitation of the Internet. As per the Digital Disconnect, it is the hypercommercialism of mainstream computing technologies that causes the global digital divide. The global digital divide refers to global discrepancies, particularly between developing countries, and developed in access to computing and information resources such as the Internet, as well as the opportunities that such access provides.
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2. Where does Steve Jobs’ power and influence come from?
Answer:
working with apple and creating the mac
Explanation:
When a company uses data from questionnaires and surveys to determine customer preferences, it is utilizing the _____ marketing function.
distribution
product/service management
promotion
marketing information management
When a company uses data from questionnaires and surveys to determine customer preferences, it is utilizing the marketing information management marketing function. Thus option (D) is correct.
What is marketing?Marketing is the process of identifying, promoting, and selling products or services to meet the needs and wants of customers, while achieving the goals of a business or organization.
It involves understanding consumer behavior, conducting market research, developing marketing strategies, creating and implementing marketing plans, and managing customer relationships to build and maintain a strong brand image and achieve business objectives.
A company is utilizing the marketing information management marketing function when it uses data from questionnaires and surveys to determine customer preferences. Therefore, option (D) is correct.
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1.1 Which statement best describes financial accounting …
A. Reports are prepared for managers and users inside the organisation
B. Provides a scorecard by which the past performance of a business is judged in
the form of financial statements which are used by stakeholders outside the
organisation
C. Conduct an official financial inspection of a company or its accounts
D. A and B only
E None of the above
The price charged by a perfectly competitive firm is determined by:
a. the firm's demand curve alone.
b. the firm's cost curves alone.
c. market demand and market supply together.
d. market demand alone.
e. market supply alone.
The price charged by a perfectly competitive firm is determined by optoin (c) market demand and market supply together.
A perfect competitive market, also known as an atomistic market, is defined by several idealizing conditions, which are collectively referred to as perfect competition, or atomistic competition, in economics, specifically general equilibrium theory.
It has been shown in theoretical models with perfect competition that a market will reach equilibrium when the amount supplied for each good or service, including labor, equals the amount demanded at the current price. A Pareto optimum would be this equilibrium.
What is a perfectly competitive market example?
Farmers' markets: The typical farmers' market may be the closest thing to perfect competition that exists in the real world. Small manufacturers charge very similar prices for nearly identical products.
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hareesh's employees are extremely competent and motivated. if hareesh follows the hersey and blanchard model, then what type of leadership style should he use?
Employees at Hareesh are highly skilled and driven. Delegating leadership style should Hareesh employ if he adheres to the Hersey and Blanchard model?
Leadership involves making sound -- and sometimes difficult -- decisions, creating and articulating a clear vision, establishing achievable goals and providing followers with the knowledge and tools necessary to achieve those goals.
No one leadership style is superior to another, according to the Hersey-Blanchard Model. The concept advises leaders to adapt their methods to individuals they lead and their capabilities rather than concentrating on workplace issues. According to the paradigm, effective leadership is relevant to both the work and the connection.
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If you were marketing a product to a particular target market and you only knew the demographic characteristics, what product benefits (WIIFM, or “What’s in it for me?”) would you highlight in your marketing
The product benefits to be highlighted in the marketing based on demographic characteristics are
beneficial to particular agebeneficial to particular working classbeneficial to particular gender etcWhat is the demographic segmentation?In marketing, this refers to the segmenting of customers according to gender, age, ethnicity, family size, religion etc.
The use of demographic segmentation in marketing helps to provide the needs and want to consumers based on the demograph gathered from them.
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Small businesses are required by the Small Business Administration to market hand goods only.
True
False
False. Every small business must register with the secretary.
What happens to the equilibrium price and equilibrium quantity when demand and supply decrease simultaneously, but the relative size of the shifts are not known?.
Then the equilibrium price will be lower than it was before the curves shifted. A growth in demand, all other matters unchanged, will purpose the equilibrium charge to upward thrust; amount provided will growth.
A decrease in call for will motive the equilibrium fee to fall; quantity supplied will decrease.
Demand is the amount of an excellent that consumers are willing and capable of purchase at diverse charges throughout a given time. the connection between charge and quantity call for is also called the call for curve. call for is the amount of customers who are inclined and able to buy products at diverse prices at some point of a given period of time. call for for any commodity implies the consumers' desire to collect the good, the willingness and capability to pay for it.as an example, if a customer is hungry and buys a slice of pizza, the first slice will have the finest advantage or utility. With every extra slice, the client will become greater satisfied, and software declines. In principle, the primary slice might fetch a better rate from the client.
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Which are the roles of a bank? Check all that apply.
Storing and holding money
Making purchases to create profits
Lending money
Investing in the economy
Creating money for the economy
The roles a bank plays includes:
Storing and holding moneyLending moneyWhat are banks?A bank is a financial institution that accepts deposits, lends money, stores valuables from customers. The activites of banks are guided by the Central Bank. The Central Bank is responsible for creating money in the economy.
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clico co. has a $200 petty cash fund. at the end of the first month the accumulated receipts represent $43 for delivery expenses, $127 for merchandise inventory, and $12 for miscellaneous expenses. the fund has a balance of $18. the journal entry to record the reimbursement of the account includes a: question 32 options: debit to petty cash for $200. credit to cash over and short for $18. credit to inventory for $127. credit to cash for $182. debit to cash over and short for $18.
The correct answer is Debit to Petty Cash for $200. Credit to Cash Over and Short for $18. Credit to Inventory for $127. Credit to Cash for $182.
When a Petty Cash fund is created, a journal entry is made that debits the Petty Cash account for the amount of the fund and credits cash for the same amount.
To reimburse the Petty Cash account, a journal entry is made that debits the Petty Cash account for the sum of all receipts and credits cash for the balance of the reimbursement.
In this case, the total receipts are $182 ($43 for delivery expenses, $127 for merchandise inventory, and $12 for miscellaneous expenses).
The Petty Cash fund has a balance of $18, so the total reimbursement amount is $182.
Clico Co. has a $200 petty cash fund.
Here's how the amounts accumulated over the first month:
Delivery expenses: $43
Merchandise inventory: $127
Miscellaneous expenses: $12
The ending balance of the fund is $18.
To record the reimbursement of the account, the following journal entry is made:
Debit: Delivery expenses for $43
Debit: Miscellaneous expenses for $12
Debit: Cash Over and Short for $3
Credit: Petty cash for $58 (i.e., $43 + $12 + $3)
Credit: Cash for $58 (i.e., $200 - $142)
Therefore, the journal entry to record the reimbursement of the account includes a credit to cash for $182. This is because the total of all the debits is $58, while the fund was initially $200.
Therefore, the amount left in the petty cash fund is $142 ($200 - $58), which is the amount that was reimbursed to the cash account.
The journal entry to record the reimbursement of the Petty Cash account includes a debit to Petty Cash for $200 and a credit to Cash for $182, and a credit to Cash Over and Short for $18.
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In trading account freight belongs to which side debit or credit?
Answer:
Explanation:
In trading account, freight belongs to the debit side. It is a direct expenses on purchases and manufacturing operation
Freight is the cost incurred in transporting an item to its final destination when the terms are FOB shipping point. It is treated as part of the cost of merchandise and recorded in the inventory if the merchandise has not been sold.
Increase in the cost of freight are recorded on the debit side while decrease are recorded on the credit side.
outline 2 advantages to H&H of using secondary market research
You take your $1000 of inventory that you bought with cash and sell it for $4000. How are the 3 financial statements impacted?
When you sell your $1000 inventory for $4000, your financial statements are impacted in the following ways: income statement will show a revenue of $4000, balance sheet will show an increase in cash by $4000, cash flow statement will show an increase in cash from operating activities of $4000
1. Income Statement: Your income statement will show a revenue of $4000, which is the amount you received from selling the inventory. This will increase your gross profit by $3000 (Revenue - Cost of Goods Sold).
2. Balance Sheet: Your balance sheet will show an increase in cash by $4000, which is the amount you received from selling the inventory. Your inventory account will decrease by $1000, which is the cost of the inventory you sold. This will result in an increase in your retained earnings by $3000.
3. Cash Flow Statement: Your cash flow statement will show an increase in cash from operating activities of $4000, which is the amount you received from selling the inventory. There will be no impact on cash flows from investing or financing activities. Overall, selling your $1000 inventory for $4000 will increase your revenue, gross profit, cash, and retained earnings, while decreasing your inventory account.
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When using industrial fork-lifts, the load must be at the lowest position for traveling, and the manufacturer's operational requirements must be followed.A. TrueB. False
When using industrial fork-lifts, the load must be at the lowest position for traveling, and the manufacturer's operational requirements must be followed - False
When using industrial fork-lifts, the load does not necessarily have to be at the lowest position for traveling. The specific operational requirements and recommendations provided by the manufacturer should be followed for safe operation. The manufacturer's guidelines typically include instructions regarding load positioning, weight distribution, travel speed, and other safety considerations.
It is important to adhere to these guidelines to ensure the safe and efficient use of the forklift and to prevent accidents or damage to the equipment. Therefore, the correct answer is False.
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You sell friendship bracelets. You have an agreement with your best friend, Georgina, who is a great artist in photography, that she will photograph all her subjects wearing your friendship bracelets. You have agreed that you will get 25 percent of the proceeds from the sale of photographs and she will get 25 percent of the sale proceeds from your bracelets. You didn't register your partnership before, so your original rights are not protected.
False
True
Answer:
true
Explanation:
After receiving an anonymous note indicating fraudulent activities in the company, XYZ Company officials discover that an employee has embezzled a total of $50,000 over the past year. Unfortunately, this employee used an assumed identity and has suddenly disappeared. The CFO at XYZ wants to know how badly this fraud has hurt the company. If XYZ has a profit margin of 7 percent, approximately how much additional revenue will XYZ have to generate to cover the loss?
Since Morgan is the company's owner and must bear any losses, the failure of the XYZ corporation results in legal action being taken against Morgan.
The term "corporation" describes an organization of individuals who collaborate to accomplish shared goals. The company wants to make the most money possible while still meeting the requirements and wants of its clients. In the case above, XYZ is a company owned by the Morgan. The business struggled to make a profit even after operating for several years. Owner Morgan will have to bear the losses of the business, in addition to those of all the shareholders and investors, if the company sells to on the procedure. Thus, it can be inferred that Morgan stands to lose the most if the company falters.
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It cost Levi Jeans $14 to create jeans. The company wishes to mark all jeans up by $42.55. What is the retail price and markup percentage of jeans?
Answer:
0.32902467 but id move the desimal so it would be 32$ and 90 cents but u can cut of the cents sorry i suck at math i tried sorry if this didnt do much
Explanation:
The shareholders' equity of green corporation includes $244,000 of $1 par common stock and $440,000 par of 6% cumulative preferred stock. The board of directors of green declared cash dividends of $54,000 in 2024 after paying $24,000 cash dividends in each of 2023 and 2022. What is the amount of dividends common shareholders will receive in 2024?
The amount of dividends common shareholders will receive in 2024 is $30,000.
Cumulative preferred stockholders must receive any unpaid dividends before common stockholders can receive a dividend. Since the preferred stockholders received $24,000 in dividends each year for the past two years, they are entitled to $48,000 of the $54,000 dividend declared for 2024. The remaining $6,000 is available for common stockholders. To calculate the amount of dividends the common stockholders will receive, we subtract the preferred dividends from the total dividend declared: $54,000 - $48,000 = $6,000. Therefore, the amount of dividends the common stockholders will receive in 2024 is $6,000, or $30,000 less than the preferred stockholders.
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vance was served liquor while he was an intoxicated patron of a united states air force bar. he later injured himself as a result of his intoxication. an alaska state statute makes it a crime to give or to sell liquor to intoxicated persons. vance has brought an action seeking damages for the injuries he suffered. could vance successfully argue that the united states air force was negligent per se by its employee's violation of the statute? under 50 words
Yes, Vance could successfully argue that the United States Air Force was negligent per se by its employee's violation of the Alaska state statute that makes it a crime to give or sell liquor to intoxicated persons.
Negligence per se occurs when a defendant violates a statute or regulation that is designed to protect a specific class of people from a specific type of harm, and that violation results in the type of harm the statute was intended to prevent. In this case, the statute was designed to protect intoxicated persons from being served alcohol, and Vance's injury was the type of harm the statute was intended to prevent.
Therefore, the violation of the statute would be considered a breach of duty, making the United States Air Force negligent per se. However, Vance would still need to prove causation and damages in order to recover compensation for his injuries.
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