Flat Deluxe Sales $5,112,000 $20,000,000Cost of goods sold $3,338,000 $14,562,000Direct material $2,124,000 $4,600,000Direct labour $252,000 $60,000Manufacturing overhead $822,000 $1,560,000Gross margin $1,774,000 $5,438,000Gross margin percentage 34.73% 27.19%
Activity-based costing is an accounting system that assigns costs to individual activities. This method assigns more indirect costs (overhead) into direct costs (products or services) as compared to conventional costing. Carla Vista Electronics Company manufactures two large-screen television models: the Deluxe, which has been produced for many years and sells for $1,000, and the Flat, a new model, which sells for $1,420.Flat Deluxe Sales $5,112,000 $20,000,000Cost of goods sold 3,067,200 12,880,000 Gross margin 2,044,800 7,120,000 Selling and administrative expenses 810,000 2,960,000 Net profit $1,234,800 $4,160,000 Units produced and sold 3,600 20,000Net profit per unit sold $343 $208 Standard unit costs for the Flat and Deluxe models are as follows:Flat Deluxe Direct materials $590 $230 Direct labor: Flat (3.5 hrs. × $20/hr.) 70 Deluxe (1.5 hrs. * $20/hr.) 30 Machine usage: Flat (4 hrs. * $24/hr.) 96 Deluxe (8 hrs. × $24/hr.) 192 Manufacturing overhead 96 192Standard cost $852 $644The CFO of Carla Vista's Company has decided to use activity-based costing, and the following is the information about the company's manufacturing overhead costs for 2022 using this method. Units of the Cost Driver Activity Costs Activity Centres and Cost Drivers Soldering (number of solder joints) Flat 270,000 4,300 Total 1,370,000 $ 822,000 Shipments (number of shipments) 738,000 18,000 Quality control (number of inspections) 1,080,000 19,000 72,000 Purchase orders (number of orders) 576,000 99,000 144,000 Machine power (machine hours) 86,000 14,400 174,400 Machine set-ups (number of set-ups) 900,000 3,500 9,000 Total traceable costs $ 4,202,000 Deluxe 1,100,000 13,700 53,000 45,000 160,000 5,500We need to calculate the gross margin and the percentage for Flat and Deluxe models using activity-based costing.Flat Deluxe Sales $5,112,000 $20,000,000Cost of goods sold $3,338,000 $14,562,000Direct material $2,124,000 $4,600,000Direct labour $252,000 $60,000Manufacturing overhead $822,000 $1,560,000Gross margin $1,774,000 $5,438,000Gross margin percentage 34.73% 27.19%The gross margin percentage for Flat model is 34.73% and for Deluxe model is 27.19%. Carla Vista Electronics should continue to emphasize the Flat model and phase out the Deluxe model as it generates more gross margin and hence profit. Therefore, B & B Electronics should continue with its plans to emphasize the Flat model and phase out the Deluxe model.
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at a minimum you should contribute enough into your retirement account to receive the maximum____
At the very least, you should contribute enough to your retirement account to obtain the maximum employer match.
If your employer offers one. Many companies offer a matching program where they contribute a certain percentage of your salary into your retirement account, typically a 401(k) or similar plan. The maximum employer match refers to the highest percentage of your salary that your employer is willing to match.
By contributing enough to receive the maximum employer match, you are essentially taking advantage of free money. If you don't contribute enough to meet the matching threshold, you're essentially leaving potential funds on the table that could significantly boost your retirement savings.
The specific details of employer matching programs vary, but a common example is a 50% match on contributions up to 6% of your salary. This means if you contribute 6% of your salary, your employer will contribute an additional 3% of your salary to your retirement account. It's important to understand your employer's specific matching formula and contribution limits to maximize this benefit.
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what happen to andi mack
Answer:
The show ended in July 26 of 2019
Explanation:
The show's story ended a while ago.
5. Consider the markets below. Summarize and show on a fully labeled S/D diagram what happens, all else equal, what
happens if the mentioned events occur. Be sure to indicate which curve changes, how it changes, why it changes and
what the effect is on P* and Q*. If the determinant (reason why) has a subcategory, be sure to name both the
determinant AND the subcategory involved. Start grey pencil/black pen, shifting curve changes color to blue.
a. Market for gasoline, all else equal, new oil reserves found in easily accessible fields in the US greatly reduce the
cost of crude oil.
b.
d.
c. Market for operating system software (i.e. Windows 11), all else equal, the price of computers increases.
Market for electric vehicles all else being equal, consumer marketing for electric vehicles becomes much more
effective in persuading people to ditch gasoline/diesel fueled vehicles.
Market for tropical fruit, all else equal, costs of labor, fertilizer and pesticides increase in countries that produce
tropical fruit.
Market for Home Computer Equipment: A pandemic requires a large number of people to work remotely from home.
What happens to the market for home computer equipment when a pandemic requires remote work?When a pandemic requires a large number of people to work remotely from home, the demand for home computer equipment increases. This shift in demand is due to the increased need for individuals to have their own personal computers and accessories to effectively carry out their work tasks from home.
As a result, the demand curve for home computer equipment shifts to the right, indicating a higher quantity demanded at each price level. This leads to an increase in both the equilibrium price (P*) and the equilibrium quantity (Q*) of home computer equipment in the market.
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Which of these are NOT basic approaches to minimizing the agency problem?
ignore the conflict of interest
monitor managers' actions
align managers' personal interest with those of the owners by making the managers owners
all of these choices are correct.
The agency problem refers to the conflict of interest between the principals (owners) and the agents (managers) who act on their behalf. The agents may prioritize their own interests over those of the owners, leading to a suboptimal outcome.
The option that is NOT a basic approach to minimizing the agency problem is "ignore the conflict of interest." There are several approaches to minimizing this problem, including monitoring managers' actions, aligning their personal interests with those of the owners, and eliminating the conflict of interest. However, the option "ignore the conflict of interest" is NOT a basic approach to minimizing the agency problem. Ignoring the problem can lead to further divergence between the interests of the owners and managers, potentially resulting in reduced firm performance and value. It is important to acknowledge and address the agency's problem through appropriate mechanisms to ensure that managers act in the best interest of the owners. Thus, the correct answer to your question is: "Ignore the conflict of interest."
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Why doesn't the Lorax do anything to stop the Once-ler (hint: he's a symbol)? What does this tell us
about the future of business decisions?
Answer:
The Lorax is a symbol of environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. This tells us that if we do not take steps to balance economic growth and environmental sustainability, it could lead to long-term negative consequences for the environment and future business decisions.
Explanation:
The Lorax is a children's book by Dr. Seuss that explores the environmental impact of economic growth and consumerism. In the story, the Once-ler begins cutting down Truffula trees to make a product called Thneeds, despite the warnings of the Lorax, who speaks for the trees and the animals that depend on them.
The Lorax represents environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. The Once-ler's actions are driven by his desire for profit, and he continues to cut down trees despite the negative impact it has on the environment. The Lorax, as a symbol of environmental awareness, is unable to stop the Once-ler from destroying the ecosystem, which ultimately leads to the disappearance of the Truffula trees and the animals that depend on them.
This lack of balance between economic growth and environmental sustainability is a lesson that has implications for future business decisions. If businesses prioritize profit over environmental sustainability, it could lead to long-term negative consequences for the environment, which could ultimately harm the economic viability of those businesses. It is important for businesses to consider the environmental impact of their decisions and take steps to balance economic growth and sustainability for the long-term health of the environment and economy.
X Company recognized $500 of revenue on account and realized $400 of cash collections. The company had accrued salary expense of $300 and invested $200 in a certificate of deposit. Based on this information alone, the amount of cash flow from operating activities would be
The amount of cash flow from operating activities can be calculated by adjusting the net income for non-cash items and changes in working capital. Since we only have limited information, we can determine the cash flow from operating activities as follows:
Net income: $500 (recognized revenue on account) - $300 (accrued salary expense) = $200
Adjustments for non-cash items: None provided in the given information.
Changes in working capital: None provided in the given information.
Therefore, based on the information provided alone, the amount of cash flow from operating activities would be $200, which is equal to the net income.
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Why do countries pursue the macroeconomic goal of stable prices? O )A. Stable prices help businesses plan future economic decisions. OB. Stable prices result in a wealthier country overall O c. Stable prices create a lower per capita gross domestic product. D. Stable prices ensure that all citizens have jobs.
Answer:
A
Explanation:
Having a stable prices gives way for country to plan for future plans without any issue of inflation
Answer:
A
Explanation:
What is the first-known example of a corporation issuing stock? In what time period did
this take place
Answer:
i love you :)
Explanation:
The first modern IPO occurred in March 1602 when the Dutch East India Company offered shares of the company to the public in order to raise capital. The Dutch East India Company (VOC) became the first company in history to issue bonds and shares of stock to the general public.
The household income for the Washington family is $100,000, and they pay an income tax rate of 25%. What is the Washington's
annual disposable income?
-0)
A)
$100,000
B)
$25,000
C)
$50,000
D)
$75,000
Answer:
D)
$75,000
Explanation:
Disposable income is the diffrenced between gross pay and deductions.
Net pay =$100,000
the come tax = $100,00 -$25,000
=$75,000
Vicki Company issued $1 million face amount of 8.20%,20-year bonds on April 1,2022 . The bonds pay interest on an annual basis on December 31 each year. Required: a. Assume that market interest rates were slightly lower than 8.20% when the bonds were sold. Would the proceeds from the bond issue have been more than, less than, or equal to the face amount? b. Independent of your answer to a, assume that the proceeds were $1,038,000. Calculate the amount of discount or premium on bonds payable that Vicki Company would record upon the issuance of the bonds on April 1,2022. c. Calculate the interest expense that Vicki Company will show with respect to these bonds in its income statement for the year ended December 31,2022 , assuming that the discount or premium calculated in b is amortized on a straight-line basis. Complete this question by entering your answers in the tabs below. Assume that market interest rates were slightly lower than 8.20% when the bonds were sold. Would the proceeds from the bond issue have been more than, less than, or equal to the face amount? Vicki Company issued $1 million face amount of 8.20%, 20 -year bonds on April 1,2022 . The bonds pay interest on an annual basis on December 31 each year. Required: a. Assume that market interest rates were slightly lower than 8.20% when the bonds were sold. Would the proceeds from the bond issue have been more than, less than, or equal to the face amount? b. Independent of your answer to a, assume that the proceeds were $1,038,000. Calculate the amount of discount or premium on bonds payable that Vicki Company would record upon the issuance of the bonds on April 1, 2022. c. Calculate the interest expense that Vicki Company will show with respect to these bonds in its income statement for the year ended December 31, 2022, assuming that the discount or premium calculated in b is amortized on a straight-line basis. Complete this question by entering your answers in the tabs below. b. Independent of your answer to a, assume that the proceeds were $1,038,000. Calculate the amount of discount or premium on bonds payable that Vicki Company would record upon the issuance of the bonds on April 1, 2022. c. Calculate the interest expense that Vicki Company will show with respect to these bonds in its income statement for the year ended December 31,2022 , assuming that the discount or premium calculated in b is amortized on a straight-line basis. Note: Enter your answers in whole dollars, not in millions.
a. The proceeds from the bond issue would have been more than the face amount.
b. The amount of premium on bonds payable would be $38,000.
c. The interest expense for the year ended December 31, 2022, would be $80,100.
a. When market interest rates are slightly lower than the coupon rate (in this case, 8.20%), the proceeds from the bond issue would typically be higher than the face amount. This is because investors are willing to pay a premium to receive a higher interest rate compared to the prevailing market rates. Therefore, the proceeds would be more than the face amount.
b. Given that the proceeds from the bond issue were $1,038,000, we can calculate the amount of discount or premium on bonds payable. The face amount of the bonds is $1 million, so the difference between the proceeds and the face amount is the premium or discount. In this case, the premium would be $1,038,000 - $1,000,000, = $38,000.
c. To calculate the interest expense, we need to determine the amortization of the premium on a straight-line basis. The premium of $38,000 would be amortized over the 20-year life of the bond. Since the bond pays interest annually, the annual amortization would be $38,000 / 20 = $1,900. Therefore, the interest expense for the year ended December 31, 2022, would be the coupon payment of $1,000,000 * 8.20% = $82,000 minus the amortized premium of $1,900, resulting in an interest expense of $80,100.
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What is location analysis
Answer:
Location analysis is a technique for discovering, assessing and specifying the optimal placement of an organization's people, information, activities, and materials.Location models are key in performing location analysis by providing a well-documented common vision of current and desired location arrangements.
A U.S. corporation builds an amusement park in France. Its expenditures are U.S. a. foreign portfolio investment that increase U.S. net capital outflow. b. foreign portfolio investment that decrease U.S. net capital outflow. c. foreign direct investment that increase U.S. net capital outflow. d. foreign direct investment that decrease U.S. net capital outflow.
Answer:
C)Foreign direct investment that increase US net capital outflow
Explanation:
From the question we are informed about A U.S. corporation who builts an amusement park in France. In this case, Its expenditures are U.S. Foreign direct investment that increase US net capital outflow. An expenditure can be regarded as payment used in purchasing goods or services either with cash or credit. It is regarded as money been spent on something. A foreign direct investment (FDI) can be regarded as an investment which is been set up by a firm or individual in ones country having business interests which is been located in another country. foreign direct investment do occur when foreign business operations is been set up by an investor or the investor is a able to acquire business assets in particular
foreign company.
The four levels of integration between the hrm function and the strategic management function include one-way linkage, two-way linkage, administrative linkage and:.
The four levels of integration between the HRM function and the strategic management function include one-way linkage, two-way linkage, administrative linkage, and integrative linkage.
Integrative linkage is the highest level of integration between HRM and strategic management. It is a reciprocal relationship between HRM and strategic management. In this level, HRM and strategic management work together to develop strategies, policies, and practices that support the organization's objectives. HRM is viewed as a critical resource in achieving strategic objectives.
.In conclusion, Integrative linkage is the fourth level of integration between the HRM function and the strategic management function. It is the highest level of integration, where HRM and strategic management work collaboratively to achieve the organization's goals and objectives.
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Describe an ethical dilemma related to employee relations.
An ethical dilemma or ethical paradox is a decision-making problem between two possible moral imperatives, neither of which is unambiguously acceptable or preferable. The complexity arises out of the situational conflict in which obeying would result in transgressing another.
why is workplace diversity so important in today’s business environment?
Answer:
Explanation:
Workplace diversity is important for several reasons in today's business environment:
Improved Decision Making: A diverse workplace brings together individuals with different perspectives, experiences, and backgrounds, leading to better decision making and problem solving.
Increased Creativity and Innovation: A workplace with a mix of different perspectives can lead to new and innovative ideas, and a more creative approach to problem solving.
Better Representation of Customer Base: A diverse workplace can help to better reflect the demographics of a company's customer base, leading to a better understanding of their needs and preferences.
Enhanced Reputation: Companies that are known for promoting diversity and inclusion are often viewed more favorably by both customers and employees, and may have an advantage in attracting and retaining top talent.
Improved Employee Satisfaction and Retention: A workplace that values diversity and provides equal opportunities for all employees can lead to a more positive and inclusive work environment, resulting in higher levels of employee satisfaction and reduced turnover.
Legal Compliance: Promoting diversity in the workplace is also important from a legal perspective, as there are laws and regulations in place to prevent discrimination in the workplace.
Overall, workplace diversity helps to create a more inclusive and productive work environment, which can lead to increased success for the business.
which of the products of fermentation is most valuable to the ruminant?
In the context of ruminant digestion, the most valuable product of fermentation is volatile fatty acids (VFAs). VFAs are short-chain fatty acids produced during the microbial fermentation of carbohydrates in the rumen of ruminant animals, such as cows, sheep, and goats.
The three main VFAs produced are acetate, propionate, and butyrate. These VFAs serve as the primary energy source for the ruminant, supplying up to 70% of their energy needs. Acetate is particularly important as it contributes to the synthesis of milk fat in lactating animals. Propionate is crucial for gluconeogenesis, the process of producing glucose, which is vital for energy metabolism and maintenance of blood glucose levels.
Butyrate plays a role in providing energy to the rumen epithelium, supporting its health and function. Overall, VFAs derived from fermentation are essential for the nutritional requirements and overall well-being of ruminant animals.
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Brandtly Industries invests a large sum of money in R&D; as a result, it retains and reinvests all of its earnings. In other words, Brandtly does not pay any dividends, and it has no plans to pay dividends in the near future. A major pension fund is interested in purchasing Brandtly's stock. The pension fund manager has estimated Brandtly's free cash flows for the next 4 years as follows: $4 million, $7 million, $11 million, and $15 million. After the fourth year, free cash flow is projected to grow at a constant 6%. Brandtly's WACC is 10%, the market value of its debt and preferred stock totals $50 million; and it has 15 million shares of common stock outstanding. Write out your answers completely. For example, 13 million should be entered as 13,000,000. What is the present value of the free cash flows projected during the next 4 years? Round your answer to the nearest cent. Do not round your
Answer:
Brandtly Industries
The present value of the free cash flows projected during the next 4 years is $27,924,000 in total, details for each year are below:
Explanation:
a) Data and Calculation of the Present Value of the Free Cash Flows:
Present Value of Projected Free Cash Flows
Free Cash Flow Discount Factor PV
Year 1: $4,000,000 0.909 $3,636,000
Year 2: $7,000,000 0.826 $5,782,000
Year 3: $11,000,000 0.751 $8,261,000
Year 4: $15,000,000 0.683 $10,245,000
Total $37,000,000 $27,924,000
b) To get the present value of the free cash flow for each year for Brandtly Industries, we discounted the free cash flow with their discount factors from the present value table at 10%, which is the weighted average cost of capital as given in the question.
The summation of the present values gives the total free cash flows projected for the next four years.
business do not maximise output from the given inputs
Answer:
Allocative inefficiency.
Explanation:
Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.
In Economics, there are four (4) main factors of production and these are;
I. Land.
II. Labor (working).
III. Capital resources.
IV. Entrepreneurship.
When these aforementioned factors of production are combined effectively and efficiently, they can be used for the manufacturing or production of goods and services to meet the unending requirements or needs of the consumers.
Basically, there are two (2) types of inefficiency associated with the production of goods and services to meet the unending requirements or needs of consumers, these includes;
1. Technical (productive) inefficiency: it occurs when a company or business firm produce goods and services that consumers do not want. This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.
2. Allocative inefficiency: it occurs when a company or business firm do not maximise output from the given inputs such as raw materials, capital, etc. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.
Hence, when a business do not maximise output from the given inputs, it is referred to as an allocative inefficiency.
In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.
Describe the precise harms that are associated with mobile phone. Show the negative social and environmental consequences that it causes for people, communities, and/or the environment.
Mobile phones have brought about a tremendous change in the way we communicate. They have made our lives simpler and convenient. It’s difficult to imagine a world without mobile phones as we have become so dependent on them. However, there are some negative social and environmental consequences that it causes for people, communities, and the environment.
The overuse of mobile phones can lead to a sedentary lifestyle, which may result in obesity, back pain, and neck pain. Prolonged use of mobile phones can cause eye strain, headaches, and sleep disorders. The radiation emitted from mobile phones can affect our brain and other organs. Mobile phones emit radiofrequency energy which is a form of non-ionizing electromagnetic radiation. This radiation is absorbed by the human body, which can cause serious health issues like brain tumors, cancer, and other chronic diseases.
Socially, mobile phones can impact the quality of our interactions with others. People are increasingly getting addicted to their phones, which may lead to a lack of social skills, lower self-esteem, and reduced productivity. This addiction can also lead to a lack of interest in physical activities, and poor mental and emotional health. This can affect family relationships, and lead to reduced communication and interactions between family members. Mobile phones can also contribute to environmental degradation. The manufacturing of mobile phones consumes a lot of natural resources, such as water, energy, and minerals. The disposal of old mobile phones is also an environmental issue. E-waste from mobile phones is toxic and can contaminate the soil, air, and water. Mobile phones can also cause environmental pollution as they are made from non-biodegradable materials and are difficult to recycle. In conclusion, mobile phones have brought about a revolution in the field of communication. They have made our lives easier, but they have also caused some negative social and environmental consequences. It is essential to use mobile phones in moderation and dispose of them responsibly.
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How education is medium to enhance the ability of human beings?
Which of the following would a recent journalism graduate most likely need to consider before taking a lower-level copyediting job at a major publishing conglomerate?
student loan debt
benefits package
potential for advancement
vacation time available
Answer:
potential for advancement
Explanation:
Answer:
Potential for advancement
Explanation:
the other three are important for all jobs, but specifically for conglomerates you are going to want to advance and eventually get better positions.
When you work for a conglomerate, each magazine will get its own editors as well as content to publish. But the workers still have to make sure what they put out there regards the policies, sales, and other factors of the company. A downside to conglomerates is that there are a lot of strict procedures and policies to follow to, and sometimes the general environment of one can be difficult. Working for a conglomerate means you should able to work with others, and help people come up with creative plans. You work with other people who are in the same field, and doing the work takes a lot of time and effort. You have to be flexible and creative, be able to communicate, as well as research a lot of things. There are benefits though in terms of being able to move up in your career, and advance through magazines getting good positions. There is also the pay that you get as well.
A person who needs a car for a few weeks while visiting family out of state
would most likely choose to do which of the following?
A. Finance a car
B. Rent a car
C. Lease a car
D. Join a carpool
Answer:
B. Rent a car or A car rental
Explanation:
Got the quiz question correct!
If a business is owned by many people, it is called a _____ . A. sole proprietorship. B. corporation. C. limited liability company. D. partnership
Answer:
bbb
Explanation:
When a business is owned by many people, then such a kind of business will be termed as corporation. Hence, Option B is correct.
What is a business?A business is a term which is used to denote the kind of activity that makes a person engaged and so that they can earn money to provide support to their family as well as themselves.
In terms of the monetary sector, with the help of this , they will continue in a smooth and efficient manner. With the help of business, one can earn that much money through which they can move towards master status.
When a person runs a kind of business there, apart from him, many other people will also become owners. It will be referred to as a corporation.
Therefore, Option B is correct.
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Your friends' credit scores are 560, 675, 710, 590, and 640. Your credit score is 680. What is the difference between the average credit score of your friends and your credit score?
Answer:
mine is higher by 45 points
Explanation:
Average score is the total score divided by number of entries
Average credit score = 560 + 675 + 710 + 590 +640 / 5
=3175/5
=635
friends average credit score = 635
My credit score =680.
the difference = 680-635=45 credit points
my credit score is better by 45 points
Sometimes news organizations have biases because:
A. they are concerned about a national crisis.
B. the government pays them to be biased.
C. they need to make money and get advertisers.
D. the audience has to be influenced.
Answer:
c
Explanation:
Sometimes news organizations have biases because they need to make money and get advertisers. Hence, option C is correct.
What is organizations?a group of people who work together in an organized way toward a common objective: the World Health Organization. The essay was about international aid organizations. more occurrences.
A structured grouping of people, such as a company, nonprofit, political party, or club, is known as an organization. These speciality schools are mostly run by nonprofit organizations. a report from the International Labor Organization.
The majority of firms today use one of three types of organizational structures: functional, departmental, or matrix. The advantages and disadvantages of each form must be considered by owners before deciding which to utilize for their business.
Thus, option C is correct.
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which of the following is not a characteristic of services? part 2 a. standardized product b. intangible c. produced and consumed simultaneously d. unique
The answer to the question is the following :Option A (Standardized product) is not a characteristic of services. It refers to the fact that a service can be customised to meet the specific needs of a customer and that it can be delivered in a variety of ways.
Services are characterized by several characteristics. The five most common characteristics of services are as follows:
1. Intangibility2. Perishability3. Variability4. Inseparability5. Non-ownership of servicesStandardized product, on the other hand, is not a characteristic of services. A service can be tailored to meet the specific needs of a customer. It is delivered in a variety of ways.
A service is generally provided in a highly customized manner, which is tailored to the specific needs of the customer. The customization of a service is one of its most important attributes, as it allows the provider to meet the specific needs of the customer.
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Christian is 33 years old, has been renting for the past five years, and is now thinking about purchasing a home by applying for a mortgage. Why is it important for him to check the information recorded on his credit report? Group of answer choices To confirm that his landlords' names are not on the report To verify the accuracy of his rental history To check the accuracy of his landlords' addresses To ensure that his roommates' names are on the report
Answer: To verify the accuracy of his rental history
Explanation:
Based on the scenario in the question, it is it important for Christian to check the information recorded on his credit report so as to verify the accuracy of his rental history.
He has to verify his rental history so as to know if there's a mistake or if the details written are not correct. To apply for the mortgage, he needs to ensure that the details are correct.
Which of the following types of work would a company be most likely to preform through outsourcing?
A) Long- term work that requires close supervision
B) A consistent, predictable amount of work
C) Important tasks that the company wants control over
D) Specialized work that doesn’t require much supervision
Answer:
The answer is D.
Explanation:
Got it right on edg
The following types of work would a company be most likely to preform through outsourcing: Specialized work that doesn’t require much supervision. Thus option (D) is correct.
What is a company?A company is a legal entity formed by a group of people, known as shareholders, to conduct business. It is a separate legal entity from its owners, which means that it can enter into contracts, sue or be sued, and own property in its own name.
The primary goal of a company is to generate profits for its owners, but it can also have other objectives such as providing goods and services to customers, creating jobs, and contributing to the community.
The specialized work that doesn’t require much supervision would a company be most likely to preform through outsourcing. Therefore, option (D) is correct.
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Smith & Sons uses the allowance method of handling its credit losses. It estimates credit losses at two percent of credit sales, which were $1,900,000 during the year. On December 31, the Accounts Receivable balance was $300,000, and the Allowance for Doubtful Accounts had a credit balance of $21,400 before adjustment. Show how Accounts Receivable and the Allowance for Doubtful Accounts would appear in the December 31 balance sheet. (Do not use negative signs with your answers.)
Answer: See explanation
Explanation:
Firstly, we need to calculate the amount of bad debt. This will be:
= Credit sales × Bad debt expense
= $1900000 × 2%
= $38000
Also, the adjusted balance of allowance account will be the addition of the uadjusted balance of Allowance account and the bad debt expense which will be:
= $21,400 + $38000
= $59,400.00
Then, the balance sheet will be:
Accounts receivables = $300,000
Less: Allowance for Doubtful Accounts = $59,400
Net Realizable value of Accounts receivables = $240,600
The costs of a purely competitive firm and a monopoly could be different because
-the competitive firm has a lower price.
-the competitive firm is unregulated.
-the monopoly controls the input prices.
-the monopoly might experience economies of scale not available to the competitive firm.
The costs of a purely competitive firm and a monopoly could be different because the monopoly might experience economies of scale not available to the competitive firm. Option d is correct.
Economies of scale refer to the cost advantages that companies can achieve when production increases, causing the average cost per unit to decrease. Monopolies have a larger market share, allowing them to produce and sell more goods at a lower cost than purely competitive firms, which have a smaller market share.
In contrast, the competitive firm has a lower price and is unregulated, but the monopoly controls the input prices. The competitive firm has no control over the price of inputs, but the monopoly can exert some control over input costs, allowing them to lower their overall production costs.
Regardless of this, economies of scale may only be achievable in the long run. Thus, in the short run, the costs of a purely competitive firm and a monopoly could be similar or different, but in the long run, economies of scale will cause a considerable difference in the costs of production between a competitive firm and a monopoly.
Therefore, d is correct.
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