Gold Company was experiencing financial difficulties, but was not bankrupt or insolvent. The National Bank, which held a mortgage on other real estate owned by Gold, reduced the principal from $110,000 to $85,000. The bank had made the loan to Gold when it purchased the real estate from Silver, Inc. Pink, Inc., the holder of a mortgage on Gold’s building, agreed to accept $40,000 in full payment of the $55,000 due. Pink had sold the building to Gold for $150,000 that was to be paid in installments over 8 years. As a result of the above, Gold must:____________
a. Include $40,000 in gross income.
b. Reduce the basis in its assets by $40,000.
c. Include $25,000 in gross income and reduce its basis in its assets by $15,000.
d. Include $15,000 in gross income and reduce its basis in the building by $25,000.
e. None of these.

Answer:

$765,400

Explanation:

This can be calculated step by step below:

Ending inventory at base-year-prices = current inventory at end of year prices / Current index = $825,000 / 1.1 = $750,000

Real-dollar quantity increase in inventory = Ending inventory at base-year-prices - Beginning inventory or base year layer = $750,000 - $596,000 = $154,000

Value of real-dollar quantity increase in inventory = Real-dollar quantity increase in inventory *  Current index = $154,000 * 1.1 = $169,00

Dollar-value LIFO Ending inventory = Beginning inventory + Value of real-dollar quantity increase in inventory = $596,000 + $169,00 = $765,400.

Therefore, the ending inventory using dollar-value LIFO is $765,400.

To design a managerial strategy centered on effective human relations, it is important to focus on creating a supportive and emotionally safe work environment. Here are two key aspects to consider Creating an interview framework to reveal the feelings and needs of employees and Implementing managerial rituals to create a climate of emotional safety.

1. Creating an interview framework to reveal the feelings and needs of employees:

Establishing open and honest communication channels is crucial to understanding the concerns and needs of employees. This can be achieved through structured interviews that provide a safe space for employees to express their feelings. The interview framework should prioritize active listening, empathy, and non-judgmental attitudes. Managers should encourage employees to openly share their experiences, challenges, and expectations.

This will help identify areas of improvement, sources of dissatisfaction, and potential solutions. Additionally, regular feedback sessions and follow-ups should be incorporated to ensure continuous improvement and support for employees' well-being.

2. Implementing managerial rituals to create a climate of emotional safety:

Managerial rituals can play a vital role in fostering emotional safety and building trust within the organization. These rituals can include team-building activities, regular check-ins, and shared experiences that encourage open dialogue and emotional expression. Managers should lead by example, demonstrating vulnerability and empathy, which can create a sense of psychological safety for employees.

It is also important to establish clear boundaries and expectations, ensuring that feedback and disciplinary actions are handled respectfully and constructively. Encouraging collaboration, recognizing achievements, and promoting a positive work-life balance are additional strategies to cultivate a supportive and emotionally healthy work environment.

By designing an interview framework that encourages open communication and implementing managerial rituals that promote emotional safety, managers can improve human relations within the organization. This approach will help address employee resentment, enhance well-being, and strengthen the bond between employees and their supervisors.

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Answer and Explanation:

The presentation of the partial income statement is presented below:

                                                  Nash Corporation

                                            Partial income statement

Income from continuing operations    $10,813,600

Discontinued operations

Loss from operations of a division   $316,100

Loss from disposal of the division    $206,600                  ($522,700)

Net income                                         $10,290,900

Earning per share

Income from continuing operations                    

($10,813,600 ÷ 10,000,000 shares)        $1.08

Less Discontinued operations

($522,700 ÷ 10,000,000 shares)              -$0.05

Net income

($10,290,900 ÷   10,000,000 shares)      $1.03

We simply deduct the losses from the income so that the net income could arrive

Answer: A. Effective operations, financial reporting, and compliance.

Explanation:

Internal controls are meant to promote the effectiveness of operations in a company so as to bring about maximum profitability.

Internal controls also fall under financial reporting because they are sometimes done to ensure that the information presented by a company is accurate and complete.

There are compliance controls as well to ensure that the company is complying with the various regulations that apply to them be it federal, state, local or private.

The information for preparing a trial balance on a work sheet is obtained from the general ledger accounts.

A trial balance is said to be prepared by using the amounts in the company's general ledger accounts which considers each of the company's ledgers accounts and as well as it tends to include their amounts which is in the total calculation of the trial balance.

So, this Ledger account will tend to include debit or credit amount as per the balance. Thus, the trial balance is said to be prepared after the transactions are first recorded in the journal and then they are subsequently posted in the general ledger.

Hence, trial balance is a part of the accounting process.

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Answer:

c adding a watermark they cannot remove it if they copy picture off the internet.

The correct option is C.

Watermarking is the process of superimposing a logo or piece of text atop a document or image file, and it's an important process when it comes to both the copyright protection and marketing of digital works.

A watermark is a logo, piece of text, or signature superimposed onto a photograph. Watermarks are typically transparent, so those viewing the image can still admire it. You can usually identify the photographer through the watermark, too.

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Market-based economy, farmers would need to be more market-oriented, conduct extensive market research, and adapt their pricing strategies based on the specific dynamics of the agricultural market they operate in.

Factors to Consider for Pricing: In a market-based economy, the factors to consider for pricing would remain largely the same, including cost structure, competitive analysis, and customer demand elasticity. However, the competitive analysis becomes even more critical as farmers need to understand the pricing strategies of other farmers and agricultural businesses in the market.

They would also need to consider factors like market demand-supply dynamics, seasonal variations, and the impact of government policies or subsidies on pricing decisions. They would need to be responsive to changing market conditions and make informed decisions to stay competitive and sustainable in the marketplace.

Market Penetration Strategy: In a market-based economy, a market penetration strategy would still involve setting lower prices to gain market share. However, farmers would need to analyze market conditions, competition, and consumer behavior more closely.

They would need to assess the potential impact on their profitability and sustainability when adopting a market penetration strategy. Additionally, they may need to consider the long-term effects of pricing decisions on their reputation and relationships with buyers in the market.

Optimum Price and Output Level: Determining the optimum price and output level would require a more detailed analysis of market forces and dynamics. Farmers would need to consider factors like market demand, price trends, supply chain logistics, and potential risks or uncertainties in the market.

They would also need to evaluate the cost of production, economies of scale, and their own resource capabilities to make informed decisions about the optimal price and output level that maximize their profitability and competitiveness in the market.

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

Total Cost = Quantity * Cost per pound

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

Total Cost = $110

Spoilage Quantity = 3% of Quantity

Spoilage Quantity = 3% of 1,000 pounds

Spoilage Quantity = 0.03 * 1,000 pounds

Spoilage Quantity = 30 pounds

Effective Quantity = Quantity - Spoilage Quantity

Effective Quantity = 1,000 pounds - 30 pounds

Effective Quantity = 970 pounds

Makeup Rate = 180%

Selling Price per pound:

= (Total Cost * Makeup Rate) / Effective Quantity

= ($110 * 1.80) / 970 pounds

= $2.03505/pound.

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The Cultural and behavioural expectations of studying for a degree in business management help to learn about the culture that affect the behaviors of employees, as well as customers.

Cultural expectations can be described as the messages that can be  internalize with respect to what is and is what is not acceptable which focus on the standards of behavior as well as the cultural norms by our social systems.

It should be noted that the Social groups  can be in many forms,  such as the community, friends, workplace,  hence the Cultural and behavioural expectations behaviors of employees, as well as customers.

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What Kareem needs to do to change the timing of animation is change the delay and duration for the slide.

A typical Presentation slide helps to keep an audience's attention during a presentation and as well provide additional supporting information.

A presentation slides entails the use of text, images, artworks, aesigns, animation to facilitate a smart slide for proper presentation.

Animation basically move on the slides and are timed/programmed to move in a specific time or direction.

Therefore, in conclusion, Option C is correct. All Kareem have to do to change the timing of an animation in the slide is changing the delay and duration for the animation.

hope this helps

chatGPT

Answer:

c. Attracting large amounts of capital is more difficult for partnerships than for corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity (difficulty buying and selling) of partnership interests.

steps

A.

1. slow growth vs. fast isn't the reason

2. incorporate so owners are not personally responsible for the company's debts

3. incorporate to make it easier to sell shares of the company to investors

B.

1.This statement is incorrect because it says "all partnerships" and "all corporations," which is not true for every partnership or corporation

2.partnerships, partners have to pay federal income taxes

3.In corporations, the taxes are paid by the firm itself

4.Partnerships have a disadvantage compared to corporations

5. This disadvantage is related to taxes

D.

incorrect because

in a regular partnership,

all partners are responsible for the actions of the other partners,

not just limited to the amount they invested in the business.

called "joint and several liability."

E.

1. limited partners are not individually responsible for the firm's debts in the event of bankruptcy

2.limited partners in a limited partnership do not have voting control, only the general partner does

3. pro rata basis means limited partners' liability is limited to the amount they have invested in the partnership. NOT equally divided

4. They are not personally responsible for the partnership's debts beyond that amount.

5. general partner has operating control over the business, but not voting control.

Answer:

a

Explanation:

cuz it just is

Answer:

1.)A “digital presence” simply refers to how your business appears online; it's what people find when they search for your business or company on the internet. Digital presence includes content that you control, like your website and social media profiles, but also content that you don't control, such as online reviews.

2.)Job Security:This may seem like it should go without saying, but keeping a professional online presence is very important to keep your job! Your employers need to know that you are not going to hurt the brand and image of the company. ... Then keeping your online presence professional is key.

3.)The Importance of Having an Online Presence is Crucial Now More Than Ever. During this pandemic, it is critical businesses must be online. Having an online presence can help you build an audience, connect with your customers, and keep them updated on your day to day activities, as well as hours of operation.

Answer:

Return on investment =  -0.71%

Explanation:

The return on investment is the sum of the dividends earned and capital gains made during the holding period of the investment.  

Dividend is the proportion of the profit made by a company which is paid to shareholders.  

Capital gains is another type of the return made on an equity investment as a result of increase in the value of the shares. It is difference between the cost of the share and the value at the time of disposal.  

Therefore, we can can compute the return on the investment as follows:  

Total  Return on investment =  

(Capital gain/ loss + dividend )/purchase price × 100  

Capital loss = (184 -140) × 120 = - 480

Dividend = 427

Commission = 34 + 39 =-73

Net loss on investment = - 480 - 73 + 427= -126

Return on investment = -126 /(148× 120) = -0.71%

Return on investment =  -0.71%

Answer:

B. $9.33 per canoe

Explanation:

Variable Cost Per Unit = (Highest Activity Cost – Lowest Activity Cost) / (Highest Activity Units – Lowest Activity Units)

Highest Activity Cost = 2000

Lowest Activity Cost = 1700

Highest Activity Units = 7800

Lowest Activity Units = 5000

Variable Cost Per Unit = ($7,800 – $5,000) / (2000 – 1700)

Variable Cost Per Unit = ($2,800) / (300)

Variable Cost Per Unit = $9.33

The correct answer is B) a formal group.

The group of managers that Bill discovers is an example of a formal group.

During their visit to a large manufacturing business, Bill discovers a formal group. It is a group of managers who have been placed together to study and recommend a course of action on a flextime schedule for employees.

When we are referring to an organization, a formal group can be understood as a workgroup that is formed by design, depending on a hierarchical composition. The members of this group have specific tasks according to the work they perform in the company.

Usually, these groups are formed based on the experience of their members because they want to accomplish goals in a more effective way and to improve the decision-making process of difficult issues.

The proper way to eat in class is to follow the rules and teacher's instructions, choose quiet and odorless foods, eat discreetly, and be respectful of others.

1: Be mindful of the class rules and teacher's instructions. Different schools and teachers may have different policies regarding eating in class. Make sure you are aware of these rules before proceeding.

2: Choose appropriate foods. Opt for foods that are quiet, odorless, and easy to eat without making a mess. Avoid foods that are crunchy, smelly, or require utensils, as they may disrupt the class or distract other students.

3: Prepare in advance. If you know you will be hungry during class, have a small snack or meal before class starts to curb your hunger. This way, you won't be tempted to eat during the class session.

4: Eat discreetly. If you do need to eat something during class, do so discreetly. Choose a moment when the teacher is not actively speaking or when there is a break in the lesson. Take small, quiet bites and avoid making unnecessary noise.

5: Be respectful of others. Ensure that your eating habits do not disturb or distract your classmates. Avoid chewing loudly, slurping drinks, or engaging in messy eating habits. Keep your focus on the class material while eating.

6: Clean up after yourself. Dispose of any food wrappers or containers properly in designated trash cans. If you accidentally make a mess, clean it up discreetly and quickly to avoid drawing attention.

7: Follow teacher's instructions. If your teacher explicitly prohibits eating in class, respect their rules and refrain from eating until an appropriate time, such as during designated breaks or lunchtime.

Remember, the primary purpose of being in class is to learn and engage in educational activities. Eating should only be done when necessary and in a manner that does not disrupt the learning environment.

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A job application is a legal document. Thus, option B is correct.

A legal document is one that, by definition, outlines an agreement between two or more parties, has been signed by mutual consent, and can be relied on in court in all other respects. However, there are many other types of documents that people will refer to as legal. A contract, will, deed, trust, and business arrangement are all examples.

A legal document functions by outlining the legal terms and conditions of an arrangement detailed in the document. However, in order for that legal document to be legally enforceable, it must also adhere to the elements that make it so. That is mutual assent, offer and acceptance, consideration, legality, and capacity.

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Full question:-

A  job application is a(n)           document.

A. temporary

B. legal

C. permanent

D. electronic

Answer:

$15,300

Explanation:

Solution

Recall that:

Suppose that Tim is 75 years old at the end of 2018

The marginal tax rate here is = 32%

The distribution = $50,000

Now,

What amount of distribution he get after taxes

At 75 years of age that is the age of the participant

Distribution period = 22.9

The Applicable percentage = 4.37%; this is gotten from the table attached below

Thus,

He implies that 2,000,000 * 4.37 %

=$87,400

The less amount received  = $50,000

The balance is = $87,400 = $50,000

= $37,400

Tim needs to pay tax  at 32%

= 50,000 * 32%

=$16,000

The pay penalty become s =37,400 * 50% = $18,700

The total amount for tax to be paid and the penalty is = $16000 + $18700= $34,700

The amount received by Tim after tax is = $50,000 - $34700 =$15,300

The amount Tim will receive after tax is $15,300

Note: Kindly find the complete question and table as part of the solution solved below

Pick n Pay's proposed strategy, known as Ekuseni, aims to implement changes in their brand and take the fight to competitors. The strategy, conceived in September last year, focuses on strategic planning and was launched recently. While the strategy holds potential for success, there are risks associated with its implementation.

1. Pick n Pay's proposed strategy, called Ekuseni, includes changes to their brand and a competitive approach to rivals. This strategic plan was conceived in September last year, with the term Ekuseni referring to "dawn" in Zulu.

2. The strategy aims to revamp the brand image and position Pick n Pay as a strong competitor in the market. By taking the fight to competitors, the company intends to gain a competitive edge and attract more customers.

3. The launch of the new strategic plan indicates that Pick n Pay is committed to implementing this strategy and achieving its goals. It demonstrates the company's intention to adapt and stay relevant in the evolving market.

4. However, like any strategic plan, there are potential risks associated with its implementation. These risks include customer resistance to changes in the brand, increased competition from rivals, and potential financial strains due to the cost of rebranding and marketing efforts.

5. Customer resistance is a common risk when brands undergo significant changes. If the proposed strategy doesn't resonate with Pick n Pay's target market, it could lead to a decline in customer loyalty and affect sales.

6. Additionally, taking the fight to competitors may trigger retaliatory actions from rival companies. This could result in intensified competition, price wars, and potential market share loss for Pick n Pay.

7. Finally, implementing a new strategic plan involves financial investments. The cost of rebranding, marketing campaigns, and operational changes may strain the company's resources, potentially impacting its financial stability.

In conclusion, while Pick n Pay's proposed strategy holds promise for the company's growth and competitiveness, there are risks involved. Proper planning, market research, and effective execution will be crucial to mitigating these risks and ensuring the success of the strategy.

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Answer:

Your vehicle's brakes affects its inertia.

Explanation:

Newton's first law of motion: "An object at rest stays at rest and an object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force." So the build up of inertia can only be affected by the vehicles brakes. If it's an act outside of the vehicle's control the answer may be road or weather conditions.

Based on contemporary regulation rates, the mortgage interest is a tax-deductible expense if it’s available for the loan below or equal to the amount of $750,000.

Mortgage Interest is a term that is used to describe the interest charged on a loan used to purchase a piece of property.

Generally, the mortgage interest is the amount of interest owed and it is calculated as a percentage of the total amount of the mortgage issued by the lender.

From another perspective, Mortgage interest is typically a tax-deductible expense for homeowners who itemize their deductions. The deduction is available for mortgage interest paid on a loan secured by a primary residence or second home, up to a maximum loan amount of $750,000.

Hence, in this case, it is concluded that the correct answer is a mortgage loan below or equal to the amount of $750,000.

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The definition corresponds to the concept of prejudice, because it involves a set of opinions, thoughts, and feelings.

A prejudice is a concept from the Latin praeiudicium that refers to an opinion, thought, or feeling (usually negative) that a person has formed about something or someone in advance and without prior knowledge.

Prejudice is the action and effect of establishing a definition or a meaning for something before the opportune time, that is, before knowing it in depth.

Note: This question is incomplete because the question is missing. Here is the complete question:

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Answer:

I think

B. Carlos was able to finish a design bootcamp and

interview at many companies until he finds the job he likes

best.

Answer:

1. Nov 1, 2018

  Cash                                           6,000,000

     Notes Payable (short-term)                      6,000,000

2. Dec 31, 2018

  Interest Expense                       80,000

     Interest Payable                                        80,000

3. Apr 30, 2019

  Notes payable (short-term)       6,000,000

  Interest Payable                              80,000

  Interest Expense                            160,000

     Cash                                                           6,240,000

Explanation:

1. $6,000,000 cash Mattel acquired from Metropolitan Bank for signing a short-term note (matures in six months).

2. 6,000,000 x .08 x 2/12 = 80,000

   2 months (Nov and Dec) time that Mattel accrued $80,000 worth of interest.

3. The note was signed for 6,000,000.

    Interest payable is the amount that was accrued from the last year, but hasn't been paid yet for $80,000.

    Interest expense is the interest amount that is from the current year and is being repaid for $160,000.

    Cash is the total (the principal payment and the interest) that Mattel is paying the bank back for borrowing for $6,240,000.

The journal entries of the given case are given in the image below.

Journal entry is the systematic record of the accounting transactions that is commenced under the usual business in cash. It is the financial transactions.

It is also referred to as the primary accounting procedure, means the financial statement is prepared on the basis of journal entry.

Computation of the amount of journal entry:

On November 2018, the amount of $6,000,000 cash Mattel grown from Metropolitan Bank for signing a short-term note that matures in 6 months.

On December 31, 2018, Mattel accrued $80,000 worth of interest, means :

\(= \$6,000,000 \times .08 \times \dfrac{2}{12} \\= \$80,000\)

Then the amount of Cash is the total, means the principal payment and the interest is that Mattel is paying the bank back for borrowing for $6,240,000 ( \(\$6,000,000 + \$80,000 + \$160,000\)).

Therefore, the journal entries of the above transactions are given in the image below.

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