Under FASB 52, the remeasurement and translation process for a wholly owned affiliate involves converting financial statements into the functional currency and then into the parent company's reporting currency, ensuring consistent financial reporting across different currencies.
Under FASB 52, the remeasurement and translation process for a wholly owned affiliate that keeps its books in the local currency of the country in which it operates, different from its functional currency, involves two main steps:Remeasurement: In this step, the affiliate's financial statements prepared in the local currency are remeasured into the functional currency. This process involves converting monetary assets and liabilities using the current exchange rate at the balance sheet date, while non-monetary items are converted at historical exchange rates. Revenues and expenses are translated using the average exchange rate for the period, and any resulting remeasurement gains or losses are recognized in the income statement.Translation: After remeasurement, the financial statements are now in the functional currency and need to be translated into the parent company's reporting currency. The translation process involves converting assets and liabilities using the current exchange rate at the balance sheet date, while equity items are translated at historical exchange rates. Revenues and expenses are translated using the average exchange rate for the period. Any translation gains or losses are recorded as a component of equity in the "cumulative translation adjustment" account.In summary, under FASB 52, the remeasurement and translation process for a wholly owned affiliate keeping its books in a local currency different from its functional currency involves first remeasuring the financial statements into the functional currency and then translating them into the parent company's reporting currency. This process ensures accurate and consistent financial reporting across different currencies.Learn more about assets: https://brainly.com/question/25746199
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if a manager measures which location has the most traffic and includes that information in a model to predict store profits by location, which management perspective is she using
if a manager measures which location has the most traffic and includes that information in a model to predict store profits by location, she is using Quantitative management perspective.
The quantitative method applies statistics, optimization models, information models, computer simulations, and other quantitative tools to the management process. The core of the quantitative approach is the notion that organizations are units of decision-making.
The development of mathematical and statistical models to represent a system, process, or relationship simply using models, equations, and formulas is the main focus of this branch of management theory. These methods aid managers in maximizing the production of goods and services using organizational resources.
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When Rosco was unable to pay the $1,000 he owed Lyden, Lyden agreed to let Rosco paint Lyden's house in payment. When Rosco finished painting Rosco's house, the original obligation was discharged by
Answer:
full (by painting his house)
Explanation:
When Rosco was unable to pay the $1,000 he owed Lyden, Lyden agreed to let Rosco paint Lyden's house in payment. When Rosco finished painting Rosco's house, the original obligation was discharged by full (by painting his house)
Reason -
(i.e. If Rosco is unable to pay $1000 then in that option he painted Lyden's house so he is discharged by painting his house )
as a manager two of aprils greatest strenghts are her ability to clearly communicate goals and her ability to guide coach and motivate her emplopyees based on these strenghts
April, as a manager, possesses two great strengths: her ability to clearly communicate goals and her ability to guide, coach, and motivate her employees. These strengths contribute to her effectiveness in managing a team and achieving desired outcomes.
April's ability to clearly communicate goals and guide, coach, and motivate her employees are two of her greatest strengths as a manager.Clear Communication of Goals: Effective communication is essential for a manager to convey goals, expectations, and objectives to their team members. April's strength in clearly communicating goals means that she can articulate the desired outcomes, explain the rationale behind them, and provide clarity on the steps required to achieve those goals.
This clarity helps her employees understand their roles and responsibilities, align their efforts, and work towards a common objective. It minimizes confusion, promotes engagement, and fosters a sense of purpose among the team.Guiding, Coaching, and Motivating Employees: As a manager, April's ability to guide, coach, and motivate her employees is crucial for their professional development and overall performance. By providing guidance, she offers direction, support, and feedback to help her employees improve their skills, overcome challenges, and reach their full potential.
April's coaching approach involves understanding individual strengths and areas for growth, identifying development opportunities, and providing the necessary resources and support. Additionally, her motivation skills help inspire and encourage her employees, boosting morale and engagement. By recognizing their achievements, providing constructive feedback, and creating a positive work environment, she fosters a motivated and high-performing team.
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Tripple A Manufacturing needs to acquire a piece of equipment which will cost the company $80,000. It is estimated that in six years’ time the equipment can be salvaged for $20,000. The company’s bank has agreed to advance funds for the entire purchase price at 8 percent per annum payable in equal installments over the six years. Alternatively, the machine could be leased over the six years from the manufacturer, by way of an operating lease with annual lease payments of $14,000. Triple A’s tax rate is 40 percent and its cost of capital is 15 percent. The equipment has a CCA rate of 20 percent. If the machine is owned, annual maintenance costs will be $500.
Required: Advise Triple A which alternative they should choose, providing them with calculations to support your recommendation.
Compare the NPV results for both options. If the NPV of purchasing the equipment is greater than the NPV of leasing, it would be financially favorable to purchase the equipment. Conversely, if the NPV of leasing is higher, it would be more advantageous to opt for the lease.
Option 1: Purchase the Equipment:
Calculate the annual loan payment using the present value of an annuity formula:
Loan payment = Present Value of Loan Amount / Present Value Factor for an Annuity
Loan payment = $80,000 / Present Value Factor for an Annuity (8%, 6 years)
Loan payment = $80,000 / 4.1117 ≈ $19,439.48
Calculate the annual after-tax cash flow from the salvage value:
Salvage value after tax = Salvage value - (Salvage value * Tax rate)
Salvage value after tax = $20,000 - ($20,000 * 0.4) = $12,000
Calculate the net cash flow each year by considering the loan payment, salvage value, and maintenance costs:
Year 0: -$80,000 (initial investment)
Year 1-5: $19,439.48 - $500 = $18,939.48
Year 6: $19,439.48 - $500 + $12,000 = $30,939.48
Calculate the net present value (NPV) of the cash flows using the cost of capital:
NPV = Sum of [Net cash flow / (1 + Cost of capital)^Year]
NPV = -$80,000 + ($18,939.48 / 1.15) + ($18,939.48 / 1.15^2) + ... + ($30,939.48 / 1.15^6)
Option 2: Lease the Equipment:
Calculate the after-tax lease payment:
Lease payment after tax = Lease payment - (Lease payment * Tax rate)
Lease payment after tax = $14,000 - ($14,000 * 0.4) = $8,400
Calculate the net cash flow each year by considering the lease payment and maintenance costs:
Year 1-6: -$8,400 - $500 = -$8,900
Calculate the NPV of the cash flows using the cost of capital:
NPV = Sum of [Net cash flow / (1 + Cost of capital)^Year]
NPV = ($8,900 / 1.15) + ($8,900 / 1.15^2) + ... + ($8,900 / 1.15^6)
Please note that the specific NPV calculations depend on the exact values of the present value factors and the number of decimal places used.
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Antitrust laws have been implemented by governments to promote _____.
A. price fixing
B. competition
C. monopolies
D. bid rigging
Antitrust laws are implemented by both federal and state governments to promote B. Competition among firms.
Without these Antitrust laws implemented by governments, some companies will stifle competition and tend towards monopolies. Antitrust laws check collusion among market players who may engage in price fixing and other anti-competition practices against consumers. Particularly, these Antitrust laws frown on the formation of cartels and the concentration of economic power in fewer hands.Thus, Antitrust laws are not implemented to promote price fixing, monopolies, or bid rigging but to promote competition.
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Answer:
B. competition
An author can register his or her copyright application with the _____. International Trade Administration (ITA) International Trade Administration (ITA) US Copyright Office US Copyright Office US Patent and Trademark Office (USPTO) US Patent and Trademark Office (USPTO) Department of Commerce (DOC)
Answer:
United States copyright office
Explanation:
hope this helps!
A Stove Can be bought on hire purchase by making a deposit of $750
and 15 monthly installments of $185 each. Calculate the hire Purchase
Price of the stove
Answer:
$3,525.00
Explanation:
The hire purchase price will be the sum of the deposit and the total monthly installments.
The deposit is $750
Monthly installments =monthly fee multiplied by 15 months
=$185 x 15
=$2,775.00
Hire purchase cost will be
=$2,775.00 +$750
=$3,525.00
Which of the following responsibility accounting centers may be evaluated on the basis of residual income?
Group of answer choices
a.cost center
b.investment center
c.revenue center
d.profit center
Residual income is a financial performance measurement technique used to evaluate the profitability of an investment center, which is a responsibility accounting center that generates revenues and incurs costs associated with its assets. Therefore, the answer to the question is (b) investment center.
An investment center is a responsibility accounting center that has the authority to make capital investment decisions that affect the organization's future profitability. This center is responsible for generating revenues and incurring costs associated with its assets. As such, investment centers are evaluated on the basis of their ability to generate returns on their investments.
Residual income is a method of measuring the profitability of an investment center by comparing the return generated by the center to the cost of the assets used in generating the return. It is calculated as the center's net operating income less a charge for the cost of capital employed in the center's assets. The cost of capital is the minimum rate of return required by the organization's investors.
Other responsibility accounting centers may also be evaluated using other financial performance measurement techniques. For example, revenue centers may be evaluated based on their ability to generate sales, while profit centers may be evaluated based on their ability to generate profits. Cost centers, on the other hand, may be evaluated based on their ability to manage costs efficiently.
In conclusion, investment centers may be evaluated on the basis of residual income because this measurement technique is specifically designed to evaluate the profitability of centers that generate revenues and incur costs associated with their assets.
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Which of the following statements is correct? Multiple Choice A transaction that is properly recorded in the cash payments journal will always include the recording of an amount in the Cash Debit column. The entry to record the payment of an invoice within the cash discount period would include a debit to the Purchases Discounts account. The entry to record a cash purchase of merchandise would include a debit to Purchases and a credit to Cash. Purchase discounts is a contra revenue account.
Which investors have the right to vote for or against business initiatives presented at the annual general meeting?
_________ shareholders have the right to vote for or against a business decision made by the company in which they invested.
Answer: Equity
Explanation: Plato(Edmentum)
Equity shareholders have the right to vote for or against a business decision made by the company in which they invested.
What is the shareholder?A shareholder of a corporate body is an individual or legal entity who is certified by the corporate body as the registered proprietor of shares of a private or publicly traded corporation's share capital. Anyone who owns'shares in a company limited by shares is referred to as a shareholder.
Members of a corporation may be referred to as shareholders. The shareholder is the company's owner who provides financial security, controls how the directors manage the company, and receives a percentage of any profits produced by the company.
Therefore, Equity shareholders can vote for or against a business decision made by the firm in which they have invested.
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HURRY I NEED HELP!!!
Does globalization (or global trade) provide an opportunity to the world (positive), or does it take advantage of local individuals and cultures (negative)? Explain in a CREW format.
Interviewer: I am here on a very crowded Wall Street with protesters chanting all around me…
Group of Protesters: People before profits! People before profits! People before profits!
Interviewer: Many of these folks are against the growth of global free trade. They believe free trade is to blame for increases in poverty, income inequality (lots of rich and lots of poor), and environmental damage in recent decades. They claim that the elimination of tariffs and other barriers to trade have simply allowed large, multinational corporations to move into and exploit (take advantage of) developing nations, while hurting many U.S. workers and families, too.
Protester 1 (wearing a “No More Sweatshops” T-shirt): The extreme expansion of capitalism and free trade has allowed large, multinational companies to exploit developing countries, and especially their poorest citizens who are often forced to work for less than $1.00 day. Many of the factories set up by these big companies are sweatshops– dirty, dangerous, and the pay is awful. We are here protesting for a ‘living wage’ for all foreign employees of U.S. corporations.
Union representative: I’m tired of these large, unfeeling corporations sending our good paying manufacturing jobs overseas to some factory where workers make $1.50 an hour, instead of letting Americans have those jobs…That’s what’s happening in the textile industry, the steel industry, and the auto industry, too. These are industries that built America and now our jobs are going to China or Mexico...
Interviewer: The other side of this global debate–you might call them free-trade advocates– argues that opening up markets and international borders to free trade has had all kinds of benefits for developing nations, as well as the United States and other industrialized nations. They cite data showing increased life expectancy, increased literacy (ability to read and write), more political freedom, and a reduction in the proportion of people living on less than $1.00 per day in the developing nations.
Manager: Evidence shows that the number of people living on $1.00 per day or less has decreased by 50% in the last 20 years, which was a period of rapid world economic growth, largely because of international trade. And the percentage of people who are malnourished (Starving) has dropped from 56% in the 1960s to only 10% today. Again, during a period of global economic growth, fueled by trade. Look, our corporation has a factory in Vietnam. Last year our factory there paid 2 times the local wage. That was a big step up for those workers, and it made sense for us, too, because it meant we could get the most productive local workers.
Shopper: Let’s also look at all of the different product choices we have. I can go into the grocery store and find different types of food from all over the world. We are limited in what we can produce and grow here in America, so having global trade gives us so many more options.
C- Claim (Globalization provides an opportunity to people throughout the world [or] Globalization takes advantage of local individuals and cultures around the world.)
R- Reason (It provides the opportunity because… [Or] It takes advantage of others because…)
E- Evidence (insert a quote from the reading to prove your positive or negative side)
W- Warrant (This quote shows how globalization is positive/negative because… We should/shouldn’t continue to trade with other countries of the world because...)
Answer:
In general, globalization has been shown to increase the standard of living in developing countries, but some analysts warn that globalization can have a negative effect on local or emerging economies and individual workers. Globalization is not new.
a recession is always associated with group of answer choices the end of a war. slowly growing real gdp. rising inflation. declining real gdp
A recession is always associated with a declining real GDP.
An economic recession is characterized by a significant decline in economic activity that lasts for a long period of time. A recession is typically caused by a decline in the country's gross domestic product (GDP) or a reduction in its growth rate, and it can affect the economy's production, consumption, and distribution of wealth.
A recession is always associated with declining real GDP. Real GDP, which is the country's total economic output, is calculated by adjusting for inflation. When the economy's real GDP falls for two consecutive quarters, a recession is said to have occurred. During a recession, there is a general decrease in economic activity, with fewer jobs and a reduction in the production of goods and services. This situation typically leads to a decrease in consumer spending, which further exacerbates the problem by reducing the demand for goods and services.
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write a short response paragraph explaining how a credit score could contribute to keeping someone caught in a cycle of poverty
Answer:
A credit score is a numerical representation of a person's creditworthiness, which lenders use to determine their ability to repay loans. Unfortunately, people with low credit scores may find it difficult to access credit, which can make it challenging to obtain loans to start a business, purchase a home, or cover emergency expenses. This lack of access to credit can make it challenging for people caught in the cycle of poverty to break free, as they may not have the resources to address urgent financial needs or invest in income-generating opportunities. Additionally, without access to credit, they may turn to predatory lenders or high-interest credit cards, further perpetuating the cycle of poverty. Therefore, a low credit score can contribute to keeping someone caught in a cycle of poverty by limiting their financial options and making it difficult to improve their economic situation.
Explanation:
the data analysis procedure that focuses on analyzing what items are bought during a single shopping occasion is called
The data analysis procedure that focuses on analyzing what items are bought during a single shopping occasion is commonly referred to as "market basket analysis" or "transactional analysis."
Market basket analysis is a technique used to uncover associations and patterns in consumer purchasing behavior by examining the combinations of products that customers tend to buy together in a single transaction. It is often used in retail and e-commerce industries to understand customer preferences, optimize product placement, and make recommendations for cross-selling or upselling. Transactional analysis is a psychoanalytic theory and therapeutic approach developed by Eric Berne. It focuses on understanding and improving communication and relationships. The theory proposes that people have three ego states—Parent, Adult, and Child—and interactions occur through transactions. Transactional analysis aims to identify and analyze these transactions to uncover patterns, roles, and dynamics within relationships. It provides tools to recognize and modify unhealthy patterns, enabling individuals to improve their communication skills, develop self-awareness, and enhance interpersonal relationships. Transactional analysis has applications in counseling, coaching, and organizational development, promoting personal growth, and fostering healthier interactions and emotional well-being.
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Under CERCLA, as amended, the rule that regardless of whether hazardous contamination is the result of the landowner's actions or those of others, the owner can be held responsible for the cleanup, A) applies to all property owners who have conducted a title search before the purchase of the property. B) does not apply to a subsequent purchaser to avoid creating a restraint on alienation of the property. C) applies only when the landowner has actual knowledge of the contamination. D) does not apply to someone who is an innocent landowner
Under CERCLA, as amended, the owner can be held responsible for the cleanup does not apply to someone who is an innocent landowner.
The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) is a federal law in the United States that addresses the cleanup and liability of hazardous substances. Under CERCLA, there is a principle called strict liability, which holds that landowners can be held responsible for the cleanup costs of hazardous substances, even if they were not directly involved in causing the contamination.
However, there is an exception known as the innocent landowner defense. This defense applies to landowners who can demonstrate that they had no knowledge of the contamination and took reasonable steps to prevent it. Therefore, someone who is an innocent landowner, meaning they had no knowledge of the contamination and took appropriate precautions, would not be held responsible for the cleanup costs under CERCLA.
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in the national income accounts, government purchases are goods and services purchased by: the state and local governments. the federal, state, and local governments. the federal and state governments. the federal government.
In the national income accounts, government purchases are goods and services purchased by the federal, state, and local governments.
National income accounts are a set of macroeconomic measures that provide information about a country's overall economic activity, including its production, income, expenditure, and savings.
In this framework, "government purchases" refer to the goods and services bought by the federal, state, and local governments, which are collectively referred to as the public sector.
This category of spending is an important component of the national income accounts because it represents the government's contribution to overall demand in the economy.
When the government buys goods and services, it injects money into the economy, which in turn stimulates demand and drives economic growth. Additionally, government purchases may also contribute to the provision of public goods and services, such as national defense, education, and infrastructure.
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Paige is thinking about discontinuing a software program her company
makes that is no longer profitable. The main advantage she sees is that the
company will save money by not creating more of that software and be able
to spend it on a product that could be more profitable. What is the main
disadvantage of discontinuing the product?
A. Her company's costs will rise if it discontinues a product.
B. Discontinuing software will narrow her company's product mix.
C. Her company may still need to provide customer service to
existing customers.
D. Software is in the growth stage of the product life cycle.
SUBMIT
Answer:
C. Her company may still need to provide customer service to existing customers.
Explanation:
on
a p e x
After discontinuing a software program she has to provide service to the user of the software. Hence option C is correct .
What is Customer service ?Customer service refers to the help and guidance a business offers to consumers who purchase or utilize its goods or services.
Every industry has distinct standards for customer service, but ultimately, the goal of a well-performed service is to boost profits. Employees "who can modify themselves to the personality of the customer" are critical to the perceived effectiveness of customer service encounters.
Customer is typically used to publicity how well customer service is performing. For some businesses, providing excellent customer service is one of their goodwill that sets them apart from competitors.
The major drawback of discontinuing a product is that you run the risk of losing the customers who used it since they can't locate it anymore and develop a negative image of the firm because they can't utilize the product.
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Which strategy best helps a famous brand company reach consumers?
selling at trade shows
sending out mailings in small towns
advertising nationally
marketing selectively
Answer:
C.) advertising nationally
Explanation:
This is the correct answer. The person above may only have a 3-star rating, but they are correct.
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question: if you were evaluating multiple investment opportunities and could only pick one, would you think it important to understand the cash flows for the entire project (i.e., including those after payback)? if yes, which other capital budgeting analysis tool would you use to evaluate your decision?
Yes, it is important to understand the cash flows for the entire project when evaluating multiple investment opportunities. In addition to understanding the cash flows, other capital budgeting analysis tools that can be used to evaluate the decision include the internal rate of return (IRR) and net present value (NPV).
This is because cash flows provide an accurate picture of the potential profitability of the investment, including the ability to generate returns beyond the payback period.
In addition to understanding the cash flows, other capital budgeting analysis tools that can be used to evaluate the decision include the internal rate of return (IRR) and net present value (NPV). The IRR calculates the rate of return that the investment will generate, while the NPV calculates the present value of all expected cash flows from the investment.
Both of these tools can help in evaluating the investment decision as they provide an objective measure of profitability and can be used to compare different investment options. The decision should be made based on a combination of factors, including the risks involved, the expected return on investment, and the company's overall investment strategy.
Ultimately, understanding the cash flows for the entire project and utilizing other capital budgeting analysis tools can help make informed decisions and ensure that the investment generates the expected returns over the long term.
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On February 22, Brett Corporation acquired 290 shares of its $4 par value common stock for $23 each. On March 15 , the company resold 61 shares for $27 each. What is true of the entry for reselling the shares? Multiple Choice
a. Debit Treasury Stock $1,403
b. Credit Cash $1,403
c. Credit Additional Paid-in Capital $244
d. Credit Treasury Stock $1,647
The correct entry for reselling the shares is to credit the Treasury Stock account for $1,647.
The correct answer is:
d. Credit Treasury Stock $1,647
Here's the step-by-step explanation:
1. Brett Corporation acquired 290 shares of its $4 par value common stock for $23 each. To record this transaction, we need to debit the Treasury Stock account and credit the Cash account.
Treasury Stock (290 shares x $23) $6,670
- Credit
Cash $6,670
- Debit
2. On March 15, the company resold 61 shares for $27 each. To record this transaction, we need to credit the Treasury Stock account and debit the Cash account.
Treasury Stock (61 shares x $23) $1,403
- Credit
Cash $1,403
- Debit
Therefore, the correct entry for reselling the shares is to credit the Treasury Stock account for $1,647.
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why is it important to protect profit motive in a mixed economy
Answer:
A company's profit motive benefits consumers by ensuring the products and services they need are available at a high quality.
Explanation:
I looked it up, cause I don't know much about this stuff, but I hope it helps you!
Identified by Schein Authority, responsibility, and delegation Without this, the organization begins to drift and become disorganized Individuals do make a difference, but they cannot do everything themselves Coordinated effort This results in greater efficiency Division of labor Without the right to direct the work of others, there is no coordination of effort Centralization vs. decentralization Span of control Additional Elements Most Agree Upon Hierarchy of authority This is linked with whether the structure is taller or flatter Common purpose This has to do with having the rights associated with managerial tasks This is related to who makes important decisions in the organization
The identified elements of organizational structure (including authority, responsibility, delegation, coordinated effort, span of control, hierarchy of authority, etc.) are associated with managerial tasks.
Organizational structure is a vital aspect of any successful organization, and the identified elements of Schein's model highlight the importance of clear lines of authority and responsibility, effective delegation, and coordinated effort. The division of labor and span of control help ensure that tasks are assigned appropriately, while centralization vs. decentralization determines how decisions are made and communicated.
The hierarchy of authority and common purpose further reinforce the importance of a clear organizational structure, while the rights associated with managerial tasks ensure that those in leadership positions are able to effectively direct and guide the organization.
Overall, these elements are critical for ensuring that an organization is able to operate efficiently and achieve its goals.
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if a buyer's willingness to pay for an item is $10, and the buyer purchases the item for $8, what is the buyer's economic surplus?
The buyer's economic surplus is $2, which is the difference between the buyer's willingness to pay ($10) and the purchase price ($8).
The buyer's economic surplus is a concept that measures the benefit a buyer receives from purchasing an item. It is determined by calculating the difference between the buyer's willingness to pay for the item and the actual price paid. In this scenario, the buyer's willingness to pay is stated as $10, while the purchase price is $8.
By subtracting the purchase price from the willingness to pay, we find that the buyer's economic surplus is $2. This indicates that the buyer has gained an additional $2 in value by purchasing the item at a price lower than their maximum willingness to pay. The economic surplus represents the buyer's perceived gain and can be seen as a measure of the transaction's efficiency and mutual benefit.
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Act ii costumes has a quick ratio of 3.5:1, $120,000 in cash, $340,000 in inventory, and $20,000 in accounts receivable. What are its current liabilities?
Answer:
$40,000
Explanation:
Based on the given information, the current liabilities will be 40,000.
What are current liabilities?
Current liabilities are debts or obligations owed by a corporation to others that are due within one year or during the typical operating cycle of the business, whichever is longer.
To calculate the current liabilities, the formula used will be
Quick ratio = (cash + accounts receivable) / current liabilities
3.5 = Cash + accounts receivable/current liabilities
3.5 = $120,000 + $20,000 / current liabilities
current liabilities = $40,000
Therefore, the current liabilities in the given case are $40,000.
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in 202 t pe tres Conh fow tom Awet wes $1209250 On its 2020 Balance Sheet, Liddle inc, reported Currents Assets of $215,000, Net Fixed Assets of $1,300,000. Long-Term Debt of $780,000, and Total Equity of $600,000, On the 2021 Balance Sheet, Net Fixed Assets are $1,150,000 and Net Working Capital is $240,000. On the 2021 income statement, the fitm reported Sales of $2,550,000, Earnings Before interest and Taxes of $1,435,000 and Depreciation of $225,000. In 2021, the firms Cash Flow from Assets was $1,209,250. What were the firm's Taxes in 2021 ? P Present the answer rounded to the nearest dollar, e.g. 359462]
The company's taxes in 2021 was $280,838.
To determine the Taxes in 2021, the first step is to determine the Operating income.
Operating income is given as follows:
Earnings Before interest and Taxes = $1,435,000 Depreciation = $225,000
Now we can calculate the Operating income as follows:
Operating income = Earnings Before interest and Taxes + Depreciation Operating income = $1,435,000 + $225,000Operating income = $1,660,000Now, we can find the Total taxes by using the formula;
Total taxes = Net income * Tax rate Net income = Earnings Before interest and Taxes - Interest Total assets = Current assets + Net Fixed Assets + Total equity - Long-Term Debt Total assets in 2020 = $215,000 + $1,300,000 + $600,000 - $780,000Total assets in 2020 = $1,335,000Total assets in 2021 = Total assets in 2020 - (Cash Flow from Assets - Operating income)Total assets in 2021 = $1,335,000 - ($1,209,250 - $1,660,000)Total assets in 2021 = $1,786,750Interest = (Total debt/Total assets) * Interest rate Interest = ($780,000 / $1,335,000) * 0.10Interest = $0.059Taxes rate is calculated as:
Tax rate = Taxes / Earnings Before Taxes
Therefore,Tax rate = Taxes / $1,435,000We can determine the Taxes using the following formula:
Total assets in 2021 = Current assets + Net Fixed Assets + Total equity - Long-Term Debt - Current Liabilities Total liabilities in 2021 = Total assets in 2021 - Total equity Total liabilities in 2021 = $1,786,750 - $600,000Total liabilities in 2021 = $1,186,750Now, we can calculate the Current liabilities as follows:
Current liabilities = Current assets - Net Working Capital Current liabilities = $240,000 - ($1,786,750 - $1,335,000 - $600,000 + $780,000)Current liabilities = $240,000 - $451,750Current liabilities = $211,750Total liabilities = Long-Term Debt + Current Liabilities Total liabilities = $780,000 + $211,750Total liabilities = $991,750
Now we can calculate the Taxes as follows:
Taxes = Net income * Tax rateNet income = Earnings Before interest and Taxes - Interest Net income = $1,435,000 - $0.059Net income = $1,434,941Tax rate = Taxes / Earnings Before TaxesTax rate = Taxes / $1,435,000Tax rate = $280,838 / $1,435,000Tax rate = 0.19590Tax rate = 19.590%.
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Please answer as soon as possible
Organizational Behaviour - MC
Question 25 (1 point) The Director of Nursing is looking for a new work schedule for nurses throughout the hospital. She evaluates a schedule system as soon as she learns about it. Eventually, she finds a schedule that is 'good enough' for her needs, even though there may be better schedules available. The Director of Nursing is engaging in: a) escalation of commitment b) satisficing e) perceptual blinders d) post-decisional justification e) none of these statements describes the Director of Nursing's decision Save Q
The Director of Nursing is engaging in : satisficing . (B)
Satisficing is a decision-making strategy where an individual or a group chooses an option that meets a minimum level of satisfaction, instead of searching for the optimal solution regarding that decision.
In this case, the Director of Nursing found a schedule that was "good enough" for her needs, even though better options might be available.
She decided to go with this option instead of investing more time and resources in finding the best possible schedule.(B)
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what is the primary source of fuel in south america
Tracking a website you visit and compiling information could be an example of _____.
Answer:
ISP
Explanation:
Internet Service Providers (ISPs) can see everything you do online. They can track things like which websites you visit, how long you spend on them, the content you watch, the device you're using, and your geographic location.
Martin is a credit counselor working with a client, Kim, who is in serious financial trouble. Kim is hesitant because she has a long way to go and a lot of work to do before she can be financially healthy again. What is the best way for Martin to explain the next steps to her?
A.) Martin should present the information in small manageable steps rather than give her a lengthy to-do list.
B.) Martin should make a list of tasks that must be completed and do them for her, since he is an experienced professional.
C.) Martin should compile a list of all the tasks that Kim must complete and suggest that she report back to him after she is finished.
D.) Martin should not encourage her to do anything she is reluctant to do, even if it means salvaging her financial life in the long term
Answer:
C
Explanation:
C la respuesta es la C ya que
who owns the intercontinental hotel group?
The InterContinental Hotels Group (IHG) is a large hotel chain with additional properties and is the sole owner.
The renowned hotel brands that are owned and managed by the global hospitality company InterContinental Hotels Group include InterContinental, Crowne Plaza, Holiday Inn, and Kimpton Hotels & Restaurants (IHG). It is a publicly traded corporation as of year 2021, with its headquarters in Denham, Buckinghamshire, United Kingdom. It is also listed on the London Stock Exchange.
Although the Hotels Group has a sizable number of institutional shareholders, not a single person or organization is the sole owner of this corporation. A sizable component of the hotel group's ownership is made up of mutual funds, retirement funds, hedge funds, as well as other institutional and individual investors.
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