Bill Darby started Darby Company on January 1, Year 1. The company experienced the following events during its first year of operation: Earned $16,200 of cash revenue. Borrowed $12,000 cash from the bank. Adjusted the accounting records to recognize accrued interest expense on the bank note. The note, issued on September 1, Year 1, had a one-year term and an 8 percent annual interest rate. Required a. What is the amount of interest payable at December 31, Year 1? b. What is the amount of interest expense in Year 1? c. What is the amount of interest paid in Year 1? d. Use a horizontal statements model to show how each event affects the balance sheet, income statement, and statement of cash flows. Indicate whether the event increases (I) or decreases (D) each element of the financial statements. In the Statement of Cash Flows column, classify the cash flows as operating activities (OA), investing activities (IA) or financing activities (FA). Columns for events that have no effect on any of the elements should be left blank. The first transaction has been recorded as an example.

The sticker price of the car is $17,544.76. To find the car's sticker price, we need to add up the dealer's cost, dealer's options cost, and destination charge, and then divide by the percentage of the total cost that is represented by the dealer's cost and options cost.

Let x be the sticker price of the car.

The dealer's cost is 92% of the sticker price, so we can write:

0.92x = 16558.16

Solving for x, we get:

x = 16558.16 / 0.92 = 18007.22

Similarly, the dealer's options cost is 88% of the sticker price, so we can write:

0.88x = 611.60

Solving for x, we get:

x = 611.60 / 0.88 = 695.00

Finally, we add up the dealer's cost, dealer's options cost, and destination charge to get the sticker price:

Sticker price = Dealer's cost + Dealer's options cost + Destination charge

Sticker price = 16558.16 + 611.60 + 475

Sticker price = 17544.76

In conclusion, the sticker price of a car is calculated by adding the dealer's cost of the base price, dealer's options cost, and the destination charge paid by the consumer. To calculate each of these costs, we need to know the percent of the dealer's cost and the percent of the dealer's options cost.

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The analysis of variance (ANOVA) table is a tabular representation of the findings. It details each source of variation's sources of variation, degrees of freedom, sum of squares, mean squares, and F-ratio.

To set up the ANOVA table, we need the following information:

Total sum of squares (SST): 10,800

Sum of squares between treatments (SSTR): 4560

Calculating the sum of squares within treatments (SSE):

SSE = SST - SSTR

SSE = 10,800 - 4560

SSE = 6240

For degrees of freedom (df),

Total degrees of freedom (dfTotal) = Total number of observations - 1

Treatment degrees of freedom (dfTreatment) = Number of treatments - 1

Error degrees of freedom (dfError) = dfTotal - dfTreatment

In this case.

Total number of observations = 30

Number of treatments = 3

dfTotal = 30 - 1

= 29

dfTreatment = 3 - 1

= 2

dfError = 29 - 2

= 27

Calculating mean squares (MS),

MST = SSTR / dfTreatment

MSE = SSE / dfError

MST = 4560 / 2 = 2280

MSE = 6240 / 27 ≈ 231.85

Calculating the F-ratio,

F-ratio = MST / MSE

F-ratio = 2280 / 231.85

≈ 9.83

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Question:

Three different methods for assembling a product were proposed by an industrial engineer. To investigate the number of units assembled correctly with each method. 30 employees were randomly selected and randomly assigned to the three proposed methods in such a way that each method was used by 10 workers. The number of units, assembled correctly was recorded, and the analysis of variance procedure was applied to the resulting data set. The following results were obtained: SST = 10,800. SSTR = 4560. Set up the ANOVA table for this problem. Using alpha = .05. test for any significant difference in the means for the three assembly methods.

'Developmental programs improve conceptual skills of managers for the future job' is true. The right answer is a.

The goals and content of training and development are different from one another. While "development" refers to a long-term method through which managerial personnel understand conceptual and theoretical knowledge for broad reasons, "training" is a short-term process through which non-managerial personnel acquire technical knowledge and skills for a specific purpose.

Development covers the process through which managers and executives build capacity for both future managing roles as well as skills and competence for their current ones.

The correct answer is option a.

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Answer:

f

Explanation:

Perfect Tender Rule obligates seller to ship conforming goods. Reefpoint and Forman dispute payment over workmanship. 'As is' disclaimer may not prevent liability.

What is workmanship ?

Workmanship refers to the quality of the work done by a person or a company in creating or repairing a product or structure.

1) The Perfect Tender Rule obligates the seller/lessor to ship or tender conforming goods. Exceptions include installment contracts, commercial impracticability, and agreement of the parties.

2) Reefpoint may not rescind the contract and obtain a return of its $400, as they did not give Forman a chance to make repairs. Forman may be entitled to recover the difference between Reefpoint’s payment and the contract price, depending on the extent of the shoddy workmanship.

3) The 'as is' disclaimer may not be sufficient to put Bell on notice that the odometer reading could be false and that the car might have been in an accident. Gobran may not be able to avoid liability because Bell did not obtain the Carfax until after she bought the car, as Gobran had already made a few ineffectual attempts to repair it.

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Answer:

The question is not quiet clear? Would you explain a bit more please?

I personally prefer to use cash for business and economic transactions. I find that it provides a sense of security as I am able to physically see and hold the money, which makes it easier to keep track of my spending. Cash also allows me to have more control over my finances and helps me stick to a budget, as I can physically see how much money I have left. Additionally, using cash avoids the potential risks of identity theft or fraud that come with using electronic methods of payment such as debit cards. Overall, for me, cash provides a more reliable and secure way of conducting business and economic transactions.

The manufacturers are trying to counteract the negative environmental impacts of manufacturing by:

The emission of carbon and waste from the manufacturing plant plays a part in the concentration of greenhouse gases on earth.

However, the manufacturers are adopting the process of reducing & eliminating waste and establishing green initiatives to minimize its pollution of the environment.

Therefore, the Option B and E is correct.

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The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.

Total Cost = Quantity * Cost per pound

Total Cost = 1,000 pounds * $0.11/pound

Total Cost = $110

Spoilage Quantity = 3% of Quantity

Spoilage Quantity = 3% of 1,000 pounds

Spoilage Quantity = 0.03 * 1,000 pounds

Spoilage Quantity = 30 pounds

Effective Quantity = Quantity - Spoilage Quantity

Effective Quantity = 1,000 pounds - 30 pounds

Effective Quantity = 970 pounds

Makeup Rate = 180%

Selling Price per pound:

= (Total Cost * Makeup Rate) / Effective Quantity

= ($110 * 1.80) / 970 pounds

= $2.03505/pound.

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Answer: strategic planning

Explanation:

A planning concerned with long-range decisions such as defining the scope of business is referred to as the strategic planning.

Strategic planning helps in giving a business or an organization a direction which is required in knowing where the company is presently and where the company intends going.

The strategic plan shows the visions,, missions, of the organization and the necessary steps that such organization will take to achieve its goals.

the cash flow to stockholders for the year is $169,000 negative.

Equity is equal to common stock plus any paid-in surplus.

Common stock plus additional paid-in excess equals total equity at the outset.

=136,000+2,610,000=$2,746,000

Common stock + Extra Paid-in Surplus = Total Equity at End

=146,000+2,910,00)=$3,056,000

Hence, new equity equals total equity at the end minus total equity at the beginning.

3,056,000-2,746,000=$310,000

Dividends paid minus new equity equals cash flow to investors.

= 141,000-310,000

= -169,000

=$169,000 a loss

a sum of money distributed to shareholders from a company's profits. Although they can do so at any time, public firms that pay dividends often do so on a predetermined timetable. Special dividends or additional dividends are terms used to describe unexpected dividend payouts.

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Items such as sales receipts, bank statements, checks, and purchase orders are examples of a business's source documents

A source document is a document that has the initial information on a business transaction.

A source document has the following information:

Examples of source documents:

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Answer:

The investor will need to deposit additional $5,000 cash.

Explanation:

a) Data:

Marginable stock in margin account = $10,000

Payment with fully paid marginable stock = $5,000

Balance to be called in the margin account = $5,000 ($10,000 - $5,000)

b) Mrs. Christie opens an account with a brokerage firm by borrowing from the broker in order to purchase stocks or other financial products, and the broker's loan is secured on the collateral of the purchased investments and cash deposited into the account, then a margin account exists.  A margin account attracts a periodic interest rate.  Though, it gives Mrs. Christie the opportunity to purchase more securities than her funds would have initially allowed her, it has all the rewards and risks attached.

c) The stocks or securities which Mrs. Christie has thus purchased are said to be marginable stocks because they are paid for by a loan from the brokerage or other financial institution that lends the money for these trades.

Answer:In conclusion, virtual payments offer many advantages, including convenience, security, and reduced costs. However, there are several disadvantages to consider, such as technical issues, security risks, and limited consumer protection.

Explanation:

Poor Communication, Inadequate Leadership, Lack of Training and Development, Resistance to Change and Low Employee Engagement are the problems that may be identified in any organization.

All company must have excellent communication since it affects how well it performs as a whole. Misunderstandings, disputes, and a lack of cooperation among employees can result from poor communication.

Any organization's performance is heavily dependent on its leadership, and poor leadership can result in a lack of focus, murky objectives, and depressed staff morale.

Thus, Poor Communication, Inadequate Leadership, Lack of Training and Development.

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Answer:

Organizing

Explanation:

Organizing involves coordinating and allocating a firm's resources so that the firm can carry out its plans and achieve its goals. This organizing, or structuring, process is accomplished by: Determining work activities and dividing up tasks (division of labor) Grouping jobs and employees (departmentalization

Answer:

Oikonomos, latinized oeconomus or œconomus, was an Ancient Greek word meaning 'household manager. Hope this helps :)

Explanation:

it means household manager

Answer:

Shawn would choose form 1040 filing tax form.

Explanation:

The answer is D.) 1040

I got a picture of the answer.

Hope this helps!

An amount of $10,337 is the maximum investment at the current time that can be justified for the new surface.

Here, the Maximum investment equals the Present Worth of Benefits.

Maximum investment = $1,000 (P/A, 4%, 10) + $500 (P/A, 4%, 5)

Maximum investment = $1,000 (8.111) + $500 (4.452)

Maximum investment = $8,111 + $2,226

Maximum investment = $10,337

Hence, the amount of $10,337 is the maximum investment at the current time that can be justified for the new surface.

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A decrease in the supply of loanable funds causes a leftward shift in the supply curve.

A movement to the left on the demand curve indicates a decline in the demand for loanable funds. The amount of loanable money will decline, and real interest rates will rise, as a result of these two changes.

The actual interest rate will decline as loanable funds become more plentiful.

The actual interest rate will rise as the availability of loanable money declines.

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Accounts payable would be (credited) on the (right) side of the T-account, and Supplies would be (debited) on the (left) side of the T-account.

Accounts payable (AP), sometimes known as "payables," are a company's unpaid short-term commitments to creditors or suppliers. Payables appear as a current liability on a company's balance sheet.

Another, less common, meaning of "AP" is the business department or division in charge of making payments to suppliers and other creditors on behalf of the company.

The overall accounts payable balance of a corporation at a given point in time will appear on its balance sheet under the current liabilities column.

Accounts payable are commitments that must be paid in a specific time frame to avoid default. AP refers to short-term payments owing to suppliers at the corporate level.

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Correct question:

Brown company purchased $900 of supplies on credit. illustrate how to record the transaction to t-accounts by completing the following sentence. accounts payable would be (debited,/credited) on the (left/right) side of the t-account, and supplies would be (debited/credited) on the (left/right) side of the t-account.

Answer:

Exchange commodities

store value

measure the value of commodities

If the cost of a product is R 909 then the selling price, based on the markup would be d. R 1, 272.60.

The price that is paid for goods that are bought for resale is called the A. cost price.

The markup is 40%, so we need to calculate 40% of the cost price, which is R909:

Markup amount = 0.40 x R909 = R363.60

Now, add the markup amount to the cost price to get the selling price:

Selling price = Cost price + Markup amount = R909 + R363.60 = R1272.60

So, the selling price of the product is R1, 272.60

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The given dialogue reflects the good listening aspect of communication. Therefore, option B is the correct option.

Communication is a process of conveying a message, an opinion, learning, and experience to other people through the means of writing it down, saying it, and so on.

Good communication is a skill in present times where it is valued in every sphere of life. With the help of good communication skills, an individual, can excel in his or her career by getting more contacts. The good communication skills also help in maintaining good relationships in life because one becomes emotionally intelligent, which strengthens the bonds among people.

The dialogue shown demonstrates the importance of effective listening in communication. As a result, choice B is the best one.

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The given question is probably incomplete. The complete question is given below.  

Sara: "Tell me all about your weekend! Was it nice to be on the beach?" Rose: "It was awful! It rained the whole time and I didn't get to spend any time on the beach at all. This dialougue reflects what aspect of communication?

body language

good listening

working together

leadership

If ABC declared and paid a $200 dividend to the stockholders On December 31 ABC had accrued salaries of $4,000. The amount of net income (loss) reported on the December 31, Year 2 income statement is $2,000.

First step is to calculate the revenue

Revenue =  Earned revenue on account + Provided services for cash

Revenue =$9,000+$1,000

Revenue = $10,000

Second step is to calculate the expenses

Expenses =Operating expenses +  Accrued salaries

Expenses=$4,000+$4,000

Expenses= $8,000

Third step is to calculate the Net income

Net income = Revenue − Expenses

Net income=$10,000- $8,000

Net income=$2,000

Inconclusion if ABC declared and paid a $200 dividend to the stockholders On December 31 ABC had accrued salaries of $4,000. The amount of net income (loss) reported on the December 31, Year 2 income statement is $2,000.

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Answer:

The Pareto principle

Explanation:

The Pareto principle asserts that 80 percent of the results come from 20 percent of the course. The principle was named after Pareto, an Italian economist, who first observed this phenomenon. The Pareto principle is not a law but an observation.

Some other examples that Pereto observed include

20% of the features make 80% of the usage

20% of the employees produce 80% of the result

20% of the clients create 80% of the revenue

The GDP deflator measure of prices includes all of the final goods and services in a nation's output.

The implicit price deflator and GDP price deflator are other names for the GDP deflator. It will make it easier to gauge how much the pricing of various commodities and services produced inside an economy have changed. This is also used by economists to compare the real level of economic activity in one economy from one year to the next.

The quantity of goods created in an economy with the use of labor, equipment, and raw materials that are available for sale in the market to customers and contribute to the creation of profit is known as output.

The main quantitative indicator of economic activity is the gross domestic product. It is a measurement of the total market value of all finished goods and services produced within a nation's borders in a given year.

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Answer:

Explanation:

Terminal value of business Formula = FCF (1+g)/(WACC- g)

Where:

FCF= current free cash flow = 100  

g= Growth rate = 2%  

WACC = Weighted average cost of capital = Cost of capital = 5%

Terminal Value of the business= FCF (1+g)/(WACC- g)

Terminal Value of the business= 100 (1+2%)/(5%- 2%)

Terminal Value of the business= 3,400

Answer:

C

Explanation:

A firm is making economic losses if opportunity cost is greater than accounting profit.

In the short run, a firm should shut down if price is less than variable cost.

A short run is the period where all the factors of production are fixed

Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments

If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.  

Hourly wage costs and payments for production inputs are variable costs

Variable costs are costs that vary with production

If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.