Capital and Revenue Expenditures On April 29, Welllington Co. paid $2,440 to install a hydraulic lift and $55 for an air filter for one of its delivery trucks. Journalize the entry for the new lift. If an amount box does not require an entry, leave it blank. April 29 Journalize the entry for air filter expenditures. If an amount box does not require an entry, leave it blank. April 29 Impaired Goodwill and Amortization of Patent On December 31, it was estimated that goodvill of $6,100,000 was impaired. In addition, a patent with an estimated useful economic life of 12 years was acquired for $1,152,000 on April 1 . a. Journalize the adjusting entry on December 31 for the impaired goodwill. If an amount box does not require an entry, leave it blank. Dec. 31 b. Journalize the adjusting entry on December 31 for the amortization of the patent rights. Do not round intermediate calculations. If an amount box does not require an entry, leave it blank.

Answer:

credit

Explanation:

On January 1, 2022, the patent should be recorded at approximately $1,080,582 (rounded to the nearest dollar).

To record the patent on January 1, 2022, we need to determine the fair value of the note being issued in exchange for the patent. Since there is no established exchange price or ready fair value for the note, we can use the present value of the note's future cash flows as the fair value.

The note is a zero-interest bearing note with a face value of $1,500,000 and a maturity date of January 1, 2025. The appropriate interest rate for a note of this type is 10%.

To calculate the fair value of the note, we can discount the future cash flow of $1,500,000 using the appropriate interest rate:

Fair Value of Note = Future Cash Flow / (1 + Interest Rate)^n

Where:

Future Cash Flow = Face Value of the note = $1,500,000

Interest Rate = 10% or 0.10

n = Number of periods until maturity = 3 years (from 2022 to 2025)

Fair Value of Note = $1,500,000 / (1 + 0.10)^3

Fair Value of Note ≈ $1,080,582.39

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Answer:

A transfer price.

A transfer price is the amount that one division charges when it sells goods or services to another division within the same company.

The appropriate reflection of the cash transactions between these reporting entities is as follows:

        John Hamilton       Sauce-it-up          Stone Creek Bank

Cash   +$500,000           $450,000             -$500,000

           -$450,000

Balance $50,000            $450,000             -$500,000

A reporting entity is an economic unit that publishes general purpose financial reports to enable users make and evaluate their decisions about the allocation of scarce resources.

Thus, John Hamilton's cash holding increased by $50,000 net.  The cash holding of Sauce-It-Up increased by $450,000 while the cash holding of Stone Creek Bank decreased by $500,000.

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Answer:

1. The three types of business mentioned are – Manufacturing, Retail store and School

2. She means that whenever there  is loss both Ashley’s father and aunt get tensed.  

3. They sell their product on sale to increase the revenue

4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment

Explanation:

1. The three types of business mentioned are – Manufacturing, Retail store and School

2. She means that whenever there  is loss both Ashley’s father and aunt get tensed.  

3. They sell their product on sale to increase the revenue

4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment

Answer:

the present value is $397,741.39

Explanation:

The computation of the present value is shown below

As we know that

Present value = Future value ÷ (1 + rate of interest)^years

= 800,000 ÷ (1 + 0.15)^5

= 800,000 ÷ 1.15^5

= $397,741.39

Hence, the present value is $397,741.39

Answer:Human resource management

Explanation:

The Total Manufacturing cost is $46,500 and the unit production cost is $31.

a. To calculate the total manufacturing cost assigned to Job 313, we need to determine the overhead cost based on the direct labor cost and then add it to the direct materials and direct labor costs.

Overhead cost = 114% of direct labor cost

= 114% * $10,800

= $12,312

Total manufacturing cost

= Direct materials cost + Direct labor cost + Overhead cost

= $23,388 + $10,800 + $12,312

= $46,500

Therefore, the total manufacturing cost assigned to Job 313 is $46,500.

b. To calculate the unit product cost for Job 313, we divide the total manufacturing cost by the number of units produced.

Unit product cost = Total manufacturing cost / Number of units produced = $46,500 / 1,500

= $31

Therefore, the unit product cost for Job 313 is $31.

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With an adoption of a data processing tool,Taylor gathered and generate all the reports quickly.

Data Processing tool is any software tool that helps to arrange

scattered,raw and  unprocessed documents( text file data, excel file

data, images, audio clips, video clips etc) into a structured, readable and

useable data that can be stored and retrieved easily.

Different types of data processing tools for different reports or

management exist and some of them  include:

Taylor can therefore gather and generate his reports using a good data processing tool like Excel or Fine report software.

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The correct answer is B) ) Dayson is from a high-context culture, and Claudia is from a low-context culture.

Explanation:

The term "high-context culture" is used to refer to cultures in which implicit communication, nonverbal elements, and context are important factors of communication. This implies many words and expressions in these cultures do not have a literal meaning. According to this, it is likely Dayson is from a high-context culture, considering he focused on the implicit message in Jorge's words rather than considering the message was literal.

On the other hand, in "low-context culture" elements such as implicit meaning or context are not frequently used, this means, most communication is literal and explicit. This shows Claudia is from a low-context culture because rather than thinking Jorge's answer was just a formalism or irony, she interpreted the message literally.

Answer:

By following points international trade help in human capital and so on

Explanation:

1 International trade increases competition between national and international products

2 It strengthens bilateral and multilateral relationship

3 It enhances employment opportunities and helps in profit from trade sulprus

4 It facilitates specialization in the production of goods and services

5 It encourages national products to increase the quality at lower price.

6. It helps in production firms and companies to expand a large scale due to the entry of their products in international markets

Capital formation leads to the increase rate of savings due to which people can invest their saving in the productive sectors and can earn profit. Capital helps to increase the further wealth. Due to which people can raise their living standards. Country will be prosperous, reduction of poverty takes place in the country, proper mobilization of goods and services will be done properly e.t.c

Hope this helps

Have a great day. Thank you

Answer:

the answer is D

Explanation:

Answer:

D. Metal was used to make stronger items that lasted longer

Explanation:

Did it on Edg.2020

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If households and firms decide to hold less of their money in checking account deposits and more in currency, then initially the money supply may increase or decrease. The correct option is A.

This is because the money supply is composed of both currency and checking account deposits, so a shift towards holding more currency will decrease the checking account deposits and potentially decrease the money supply, but it will also increase the amount of currency in circulation, potentially increasing the money supply. The net effect on the money supply will depend on the relative magnitudes of these opposing forces.

Therefore, the correct option is A.

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Answer:

People-first

Explanation:

People-first language is a form of linguistic medication style involving a speaker putting a person before describing the actual diagnosis, that is, what a person "has" rather than asserting what a person "is."

For example, “a man walks with crutches” rather than” he is disabled.” Person-first language tends to be positive and promotes abilities rather than limitations.

Hence, in this case, Referring to an individual as “a person with schizophrenia,” as opposed to “a schizophrenic,” is an example using PEOPLE-FIRST Language.

The leftward shift of the market demand curve, ceteris paribus, causes equilibrium to decrease the price and the quantity exchanged.

When we talk about ceteris paribus, it means that all other factors influencing the demand for the good or service remains constant. Therefore, when there is a leftward shift in the market demand curve, it means that the demand has decreased and that there is less willingness to buy the goods or services at the given prices.

Since there are fewer buyers in the market, there is no need to produce the same quantity of goods or services as the previous equilibrium. It results in less demand, and the equilibrium point will move to a lower quantity at a lower price than the previous equilibrium point.

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Answer:

1 3 5

Explanation:

got it right on edge

Answer:

1 3 5

Explanation:

got it right

Answer:

$2:00,o income $ 1:50 huda soda most type that tax 3)1 point )

Answer:

a secondary market, such as the AIM, where securities which are not listed on the main Stock Exchange can be traded.

Explanation:

Answer:

\( \: \)

Perfect competition refers to a market situation in which there are large number of buyers and sellers , that produces homogeneous product and free entry and exit of firm.

perfect competition occurs when all companies sell identical products, market share does not influence price, companies are able to enter or exit without barrier, buyers have perfect or full information, and companies cannot determine prices.

The probability that an employee prefers plan 2 and is in a supervisory position is 0.260.

To calculate the probability, we need to consider the number of employees who prefer Plan 2 and are in a supervisory position, and divide it by the total number of employees.

From the given table, we can see that there are 52 employees in the supervisory position who prefer Plan 2. To find the probability, we divide this number by the total number of employees, which is the sum of employees in the supervisory position who prefer Plan 1 and Plan 2.

So, the probability is calculated as follows:

Probability = Number of employees in supervisory position who prefer Plan 2 / Total number of employees in supervisory position

Probability = 52 / (33 + 52)

Probability ≈ 0.260

Therefore, the probability that an employee prefers plan 2 and is in a supervisory position is approximately 0.260.

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Answer:A

Explanation:

The paragraph that best describes the options enabled by dynamic allocation of resources is: "When you need computing power, you access the cloud and use some of the resources. When you do not need computing power, other companies will use it."

The selected paragraph accurately describes the options enabled by dynamic allocation of resources. It states that when computing power is required, users can access the cloud and utilize a portion of the available resources. However, when the computing power is not needed, those resources are made available to other companies or users. This concept highlights the flexibility and efficiency of resource allocation in the cloud. It ensures optimal utilization of resources, as they are dynamically allocated based on demand. The paragraph does not mention additional features like adapting resources, switching computer centers, or using different operating systems, so it focuses solely on the core concept of sharing and utilizing computing power as needed.

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OIption C 4500 will make the income statement accurate

An income statement, also known as a profit and loss statement (P&L statement), is a financial statement that provides a summary of a company's revenues, expenses, gains, and losses over a specific period. It provides a snapshot of a company's financial performance and its ability to generate profits during a given timeframe, typically a quarter or a year.

The income statement consists of several key components:

Revenue: This section lists the total amount of money generated from the sale of goods or services, often categorized by different revenue streams.

Cost of Goods Sold (COGS): This includes the direct costs associated with producing or delivering the goods or services sold. It typically includes costs like raw materials, labor, and manufacturing expenses.

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The required return for a stock with a beta of 2 is 13%.

To calculate the required return of a portfolio, we need to use the capital asset pricing model (CAPM). The CAPM formula is as follows:

Required Return = Risk-Free Rate + Beta * Market Risk Premium

Given:

- Stock A: $200 invested with a beta of 1.5

- Stock B: $200 invested with a beta of 1.9

- Stock C: $100 invested with a beta of 0.8

- Risk-Free Rate: 3%

- Market Risk Premium: 7%

Calculating the weighted average beta of the portfolio.

Weighted Beta = (Beta A * Investment A + Beta B * Investment B + Beta C * Investment C) / Total Investment

Weighted Beta = (1.5 * $200 + 1.9 * $200 + 0.8 * $100) / ($200 + $200 + $100)

Weighted Beta = (300 + 380 + 80) / 500

Weighted Beta = 760 / 500

Weighted Beta = 1.52

Calculating the required return of the portfolio.

Required Return = Risk-Free Rate + Weighted Beta * Market Risk Premium

Required Return = 3% + 1.52 * 7%

Required Return = 3% + 10.64%

Required Return = 13.64%

Therefore, the required return of the portfolio is 13.64%.

For the second question:

Given:

- Beta of the stock: 2

- Risk-Free Rate: 3%

- Expected Market Return: 8%

Required Return = Risk-Free Rate + Beta * Market Risk Premium

Required Return = 3% + 2 * (8% - 3%)

Required Return = 3% + 2 * 5%

Required Return = 3% + 10%

Required Return = 13%

Therefore, the required return for a stock with a beta of 2 is 13%.

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Answer:

D) the replacement of the director of finance​

Explanation:

The replacement of the director of finance is an internal affair on the company. It is not subject to any government regulations, unlike the other options. In choosing the director of finance, the company directors will select the best candidate for the job according to their judgment. In deciding who will the next director of finance, the directors don't need to consult any other person or regulations.

A) Health and safety laws,  interest on loans, and the minimum wages are subject to regulation by government agencies such as OSHA for health and safety and the Federal Reserve for interest rates.

Cost Variance Analysis for Maple Leaf Productions:

Direct Materials Variance:

Actual Direct Materials Cost = 397,000 pounds × $1.70 per pound = $674,900

Standard Direct Materials Cost = 93,000 tires × 4 pounds × $2.00 per pound = $744,000

Direct Materials Variance = Actual Direct Materials Cost - Standard Direct Materials Cost

Direct Materials Variance = $674,900 - $744,000 = -$69,100 (Favorable)

Direct Labor Variance:

Actual Direct Labor Cost = 28,500 hours × $15.30 per hour = $436,050

Standard Direct Labor Cost = 93,000 tires × 0.35 hours × $15.00 per hour = $484,050

Direct Labor Variance = Actual Direct Labor Cost - Standard Direct Labor Cost

Direct Labor Variance = $436,050 - $484,050 = -$48,000 (Favorable)

Variable Overhead Variance:

Actual Variable Overhead Cost = 11,000 machine-hours × $15.70 per hour = $172,700

Standard Variable Overhead Cost = 93,000 tires × 0.10 machine-hours × $15.00 per hour = $139,500

Variable Overhead Variance = Actual Variable Overhead Cost - Standard Variable Overhead Cost

Variable Overhead Variance = $172,700 - $139,500 = $33,200 (Unfavorable)

Fixed Overhead Cost Variance Analysis:

Fixed Overhead Applied = 93,000 tires × $16.00 per tire = $1,488,000

Fixed Overhead Budgeted = $1,458,000

Fixed Overhead Variance = Fixed Overhead Applied - Fixed Overhead Budgeted

Fixed Overhead Variance = $1,488,000 - $1,458,000 = $30,000 (Unfavorable)

c. Journal Entries for the Last Period (Using Standard Costing):

Direct Materials Purchased:

Debit: Direct Materials Inventory - $674,900

Credit: Accounts Payable - $674,900

Direct Materials Used in Production:

Debit: Work in Process Inventory - $744,000

Credit: Direct Materials Inventory - $744,000

Direct Labor:

Debit: Work in Process Inventory - $436,050

Credit: Wages Payable - $436,050

Variable Overhead:

Debit: Work in Process Inventory - $172,700

Credit: Variable Overhead Applied - $172,700

Fixed Overhead:

Debit: Work in Process Inventory - $1,488,000

Credit: Fixed Overhead Applied - $1,488,000

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Customers pay a charge to utilize items or to access premium services under this subscription-based business model.The basis of this business approach is to provide customers a sense of exclusivity and specialness.Amazon Prime is a good illustration of this membership business.

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Answer:

Perfect competition is a type of market structure where products are homogenous and there are many buyers and sellers. ... Whilst perfect competition does not precisely exist, examples include the likes of agriculture, foreign exchange, and online shopping.

Explanation:

The Taylor salesperson is using the referral method to deal with objections.

A referral is a way of dealing with objections in which the speaker refers to a previous experience to object to what another person has told him about a topic.

In the case presented, the manager of the golf club was expressing his concern about the opinion of golfers about Taylor clubs that had a special characteristic on their center of gravity.

To counter this argument, the seller refers to a real case of a buyer who was left with very good impressions of the Taylor stick.

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Answer:

Explanation:

The major provisions of the Equal Credit Opportunity Act are that it is against the established law for any creditor to differentiate against any applicant, based on certain characteristics such as race, color, religion, national origin, sex, marital status, or age

It is also considered illegal for any creditors to ask questions such as "their marital status or if they have the intention to have children.

Also, the usual practice is to inform any applicants of the status of their credit application, whether it is granted or otherwise within 30 days of application.

Generally, creditors look for information that may suggest that the applicants can easily repay their loan or credit facilities. Such as your income level, and age.