The 2021 net sales for Jake's Jamming Music, Inc. is approximately $7,990,000. Given data: ROA = 8.47%ROE = 13.60% Profit Margin = 9.1% Total assets = $8.6 million (year-end 2021)
Let us calculate the 2021 value of net income available to common stockholders for Jake's Jamming Music, Inc.Net income = ROA × Total assets
Net income = 8.47% × $8.6 million
Net income = $0.727 million ≈ $727,000
Therefore, the 2021 value of net income available to common stockholders for Jake's Jamming Music, Inc. is approximately $727,000.
Let us calculate the 2021 common stockholders' equity for Jake's Jamming Music, Inc.Common stockholder's equity = Total assets - Total liabilities
Common stockholder's equity = $8.6 million - $4.8 million
Common stockholder's equity = $3.8 million
Therefore, the 2021 common stockholders' equity for Jake's Jamming Music, Inc. is approximately $3,800,000.Let us calculate the 2021 net sales for Jake's Jamming Music, Inc.Profit Margin = Net income / Net salesProfit Margin = 9.1%
Net income = Profit Margin × Net sales$0.727 million = 9.1% × Net salesNet sales = $7.99 million ≈ $7,990,000.
Therefore, the 2021 net sales for Jake's Jamming Music, Inc. is approximately $7,990,000.
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the typical job title of the individual supervising a single work crew is
The "job-title" given to individual supervising single work crew is : Foreperson.
The term "foreperson" is a gender-neutral variation of the traditional term "foreman," reflecting inclusivity and diversity in the workplace.
The foreperson is responsible for overseeing the activities of the work-crew, ensuring that tasks are completed efficiently, and maintaining a safe working environment.
They often serve as a point of contact between the crew and higher-level management, providing guidance, assigning tasks, and coordinating the team's efforts.
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what does the release of earnings announcements have in common?
Answer:
Analysts estimate both of these things ahead of time. Engines are the most expensive and heavy component of an aeroplane, therefore they are meticulously developed.
Explanation:
Using this data, determine which of the statements is correct. A) Germany has an absolute advantage in both drill and computer production. B) The U. S. Has an absolute advantage in both drill and computer production. C) Germany has an comparative advantage in both drill and computer production. D) The U. S. Has an absolute advantage in drill production and Germany has an absolute advantage in computer production.
B) The U.S Has an absolute advantage in both drill and computer production. This is the correct statement.
Over the five years leading up to 2022, aggressive competition in the increasingly standardized Computer Manufacturing industry has led to revenue volatility and product price decreases. In order to compete with foreign manufacturers and benefit from cheaper labor and production costs, several industry operators have relocated manufacturing abroad. Despite having its headquarters in the US, Apple. .
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A man has his property listed with a broker. On June 23, a fire causes considerable damage to the property. On June 25, the owner revokes the listing. On June 29, the broker is deemed incompetent. Two days later, on July 1, the listing expires. On what date was the listing terminated
On June 29, the broker is deemed incompetent. Two days later, on July 1, the listing expires. On June 23 listing will be terminated.
How does this occur?
A listing agreement may be amended, but only with the written consent of all parties. A different broker is chosen by the seller to handle the listing.When the listing broker is still eligible to get a commission after the listing has expired.The Fifth Amendment of the United States Constitution states that "nor shall private property be seized for public use, without just compensation." We both believe that it is useful to remember the justifications behind the provision in order to comprehend it.To know more about listing here
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Scenario: Wilson Industries Inc. Wilson Industries Inc. is a multinational firm that designs and produces premium leather bags for major destinations worldwide. The company's board of directors is meeting to discuss changes that might be needed in the company's operations. The board plans to examine Wilson's ability to produce enough bags to satisfy their customers' demands. This evaluation is known as ________.
Answer:
capacity planning
Explanation:
From the question we are informed about scenerio of Wilson Industries Inc. which is a multinational firm that designs and produces premium leather bags for major destinations worldwide. The company's board of directors is meeting to discuss changes that might be needed in the company's operations. The board plans to examine Wilson's ability to produce enough bags to satisfy their customers' demands. In this case, the evaluation is known as capacity planning.
Capacity planning can be regarded as process involving knowing of
production capacity that is required or needed by an organization in order to meet changing demands as regards
its products. IT capacity planning encompass estimation of the storage as well as computer hardware and software along with connection infrastructure resources that is needed over some future period of time.
Vail is one of the largest ski resorts in the united states. suppose that on october 1, 2024, vail sells gift cards (lift passes) for $103,000. the gift cards are redeemable for one day of skiing during the upcoming winter season. the gift cards expire on april 1, 2025. customers redeem gift cards of $20,300 in december, $30,300 in january, $25,300 in february, and $15,300 in march.
1. record the sale of gift cards on october 1, 2024.
2. record the redemption of gift cards as of december 31, 2024.
3.record the redemption of gift cards in 2025 by preparing a summary entry as of march 31, 2025.
4. record the expiration (breakage) of gift cards on april 1, 2025.
Debit gift cards will be converted to credit gift cards at the following dates: October 1, 2024, December 31, 2024, March 31, 2025, and April 1, 2025. Debit gift cards will be converted to credit gift cards at the following dates: 15,300$ on March 31 and 37,100$ on April 1.
What details are printed on gift cards?It doesn't have to be difficult, and your customers will notice it more readily if it is more transparent. We advise writing your address, email, website, or other contact details on the gift card's back. You want to be discoverable by others.
What are gift cards and how do they operate?An alternative method of payment is a gift card. It is also like a gesture of goodwill for the customers.
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Which situation is the best example of ethical investing?
Answer:
Lucy buys a stock in a local recycling company
Answer: lucy buys a stock in a local recycling company
Explanation: trust is key
1. the accounting process does not include: a. interpreting d. observing b. reporting e. classifying c. purchasing
The accounting process does not include interpreting. The correct answer is A.
Accounting refers to the process of recording, classifying, summarizing, and interpreting financial transactions to help make informed decisions. Therefore, interpreting is not a part of the accounting process. Reporting is the final stage in the accounting process that follows classifying, recording, and summarizing. The correct answer is A. Interpreting.
The accounting process refers to the systematic process of recognizing, measuring, classifying, recording, summarizing, analyzing, and interpreting financial information. The primary objective of accounting is to provide financial information to internal and external users, such as investors, creditors, shareholders, and regulatory agencies. The following steps are involved in the accounting process:
Recording transactions: The first step in the accounting process is recording transactions. All business transactions, including purchases, sales, receipts, and payments, are recorded in the general journal or subsidiary journals. A business transaction is any financial activity that affects the assets, liabilities, or equity of the company. The two types of accounting methods are double-entry accounting and single-entry accounting.Classifying Transactions: The second step in the accounting process is classifying transactions. The classification of transactions involves sorting and grouping transactions into categories based on their nature and type. The chart of accounts is a list of all the accounts that are used to classify transactions. The accounts are classified into five categories: assets, liabilities, equity, revenues, and expenses.Summarizing Transactions: The third step in the accounting process is summarizing transactions. The summary of transactions involves creating financial statements, such as income statements, balance sheets, and cash flow statements, to provide financial information about the company's performance to stakeholders.Reporting Transactions: The fourth step in the accounting process is reporting transactions. Reporting involves communicating financial information to internal and external users, such as investors, creditors, shareholders, and regulatory agencies. The reports provide a summary of the financial performance of the company over a specific period.Interpreting Transactions: The final step in the accounting process is interpreting transactions. Interpreting involves analyzing financial information to help make informed decisions. Financial ratios, trend analysis, and industry comparisons are some of the techniques used to interpret financial information.You can learn more about the accounting process at: https://brainly.com/question/13246772
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For what reason can you infer that it might be relevant for a policy analyst to have a law degree?
A) Departments of education are in the executive branch, and most executive-branch officials have law degrees.
B) Policy analysis is a volatile job market, and it is helpful to have another field to fall back on.
C) Education policy needs to be enacted into law by our legislators and needs to comply with other state and federal laws.
D) Policy analysts tend to get sued by ideological foes, so legal knowledge is good protection.
Explanation:
i think is answer b.....m.
Budgeting for Needs
Select the items that are needs from your credit card statement.
CREDIT CARD STATEMENT
Last Month
Groceries$200
Movie rentals$15
Concert tickets$120
Internet services$60
Fitness class$35
Go-kart racing$50
Submit
Select the correct answer.
James has set the goal of achieving all "A"s during this year of school. Which term best describes this goal?
O A long-term goal.
OB. short-term goal
OC. self-goal
OD inner goal
Answer:
OB. short-term goal
Explanation:
One way of categorizing goals is by the time set to achieve them. Under this grouping, goals are either long-term goals or short -term goals.
Short-term goals are the goals set to be achieved within one year. These goals can be accomplished within a day, one week, a few weeks, a month but not more than 12 months. James intends to score A'' this year. This goal is set to be achieved with one year; hence it is a short-term goal.
Long-term goals take one year and beyond to accomplish.
how do monopolies affect the price of goods? monopolies always result in higher consumer prices. monopolies always result in lower consumer prices.
Monopolies raise the price of goods and monopolies always result in higher consumer prices.
A monopoly is basically a market with a single seller who is called the monopolist, but with many buyers. Monopolist always result in higher consumer prices and raises the price. Usually, a market that is competitive consists of a large number of both sellers and buyers, no single buyer or seller can influence the price of a commodity, but a monopolist has control over the prices of the market. The market with monopolies usually has high prices as a result fewer consumers can afford the goods or services.
A perfectly competitive firm is considered a “price taker,” but a monopolist is considered as a “price maker.” A monopolist is the one who can raise the price of a product with no worry about the actions of competitors. In a market that is competitive, if a firm raises the price of its products, it will usually lose market share as buyers move to other sellers.
The monopolist is basically the market maker and controls the amount of a commodity/product available in the market.
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Which of the following is NOT a deception method of customers
A)Warning label
B)Pigeon Drop
C)Ponzi Scheme
D)Bait and Switch
So i feel the answer to this is obvious because a warning label is not meant to trick a consumer so the answer would be a since the rest are trying to bait costumers into something. hope this helps and makes sense to you.
Deanna purchased $24,000 worth of stock and paid her broker a 1% broker fee. She sold the stock when it increased to $29,100 three years later and used a discount broker who charged $35 per trade. Compute her net proceeds after the broker fees were taken out
Answer:
Here:
Explanation:
Purchase price of shares = 24000
total purchase cost = price of shares bought + broker fees total purchase cost = 24000 + 0.01*24000 =24240
selling price of shares = 29100
total selling cost = price of shares sold - broker fees total selling cost = 29100 - 35 = 29065
Net proceeeds = total selling cost - total purchase cost Net proceeds = 29065 - 24240 = 4825
y
What are the two costs used to compare credit offers?
I
Question 2 (5 points)
What is the difference between simple and compound interest?
Answer:
#2Simple interest is interest paid only on the original investment whereas compound interest paid both on the original investment and on all interest that has been added to the original investment. Since compound interest is calculated based on a larger amount than simple interest, it results in a larger amount of money over time.
A distribution manager at a company that has customers in all 50 states considers that storing goods in every state will make them quickly available to all customers. What other major factor should affect the decision on the number of warehouses?.
The major factor that should affect the decision on the number of warehouses is Operating 50 or more warehouses will be expensive.
While a warehouse is any building that stores physical items for any reason, a distribution center could be a sort of warehouse that's particularly planned for satisfying orders for distribution to other businesses or consumers. A warehouse may be a structure utilized to store products. Manufacturers, wholesalers, merchants, transportation companies, customs, and others utilize warehouses. They are regularly huge plain buildings found on the edges of cities, towns, or towns. other components depending on the number of stockrooms are Provider network, Lease Rates, Building Accessibility, and Expandability, etc.
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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
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
If the ussr’s economy had remained agriculture-based rather than industrialized, then.
Answer:
then the unemployment rate among men would have been much lower. women would have been much less in demand in the workforce. crop productivity would have led to larger, better nourished populations. children would not have had to leave school early to work in factories.
Explanation:
women would have been much less in demand in the workforce.
Which one of the following is an example of a procurement?
Answer:
Using a JIT stock control system
Explanation:
Procurement refers to the process of buying goods and services for an organization. It involves engaging many suppliers and identifying the most suitable ones. Procurement is the process of acquiring quality goods and services for a company in the most cost-efficient manner.
Just in time (JIT) is a strategy that aligns procurement with the production schedule. In the JIT strategy, materials are procured and delivered only when required for production.
What would be the uitimate eifect on the U.S. ageregate demand curve? Question 38 2pts Suppose that for the fiscal year, the government of Econland collects $150 bilion in taxes, and spends $175 billion on government programs. For the year, we would say that Econland if This would cause its overall debt level to Question 39 2p+5 Suppose the foliowing for Kane's Landirg earke - They have deposits totaling 5900.000 - They eurrentiy tave outstandince loarks in the ansount of $500000 - The recuied reserve ratio is 100 र Given that, what is the bank hoissing in reouyed reseive, excess reserves and tocal riserves? What would be the ulitimate effect on the U.S. aggregate demand curve? AD would shins Question 38 2pse Suppose that for the fiscal year, the government of Econland collects $150 bifion in takes. and 'spends $175 billion on povernment programs. For the year, we would say that Econland ran a This would cause its overall debt levelt Question 39 2 pts Suppose the following for Kirz's Lainding Bank: - They have deposits totaine 4000000 - They currently have outstanding ioans in the amourat of 5500,000 - The required roserve ratio 610% Given that. what fo the bank halding in required reserve. excess roserves and cotal reserves?
Suppose that for the fiscal year, the government of Econland collects $150 billion in taxes and spends $175 billion on government programs. For the year, we would say that Econland ran a?The given scenario is showing a Fiscal Deficit, as the government of Econland spends more on government programs than it collects from taxes. The fiscal deficit is calculated as follows:Fiscal Deficit = Government Spending - Tax Collection$175 billion - $150 billion= $25 billion
Thus, we can say that Econland ran a fiscal deficit.Question 39: Suppose the following for Kane's Landing Bank: They have deposits totaling $900,000. They currently have outstanding loans in the amount of $500,000. The required reserve ratio is 10%. Given that, what is the bank holding in required reserve, excess reserves, and total reserves?To calculate the required reserve, we have to use the required reserve ratio as given and find out the amount that needs to be kept as a reserve.
Required Reserve = Deposits * Required Reserve Ratio= $900,000 * 0.10= $90,000
We can calculate the excess reserve by subtracting the required reserve from the total reserves.
Excess Reserves = Total Reserves - Required Reserve= $400,000 - $90,000= $310,000
Finally, we can calculate the Total Reserves of the Kane's Landing Bank as follows:
Total Reserves = Excess Reserves + Required Reserve= $310,000 + $90,000= $400,000
What would be the ultimate effect on the U.S. aggregate demand curve?If the required reserve ratio is increased, then the excess reserves will decrease, and the bank would be left with less money to lend out. It means the money supply would contract, and the interest rates would rise due to an increase in demand for loans, which would lead to the decrease in the investment and consumption spending, and thus the aggregate demand curve would shift to the left.
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What are the three components of a basic accounting equation? Should a basic accounting formula balance at all times ? If yes explain the reason if it does not balance what does this mean
Answer:
answer from edmentum/plato
Explanation:
The basic accounting equation shows an interrelationship between three main components: assets = liabilities + owners’ equity. Any accounting transaction has a dual effect on this equation; that is, it changes two of the three components. Because of the double-entry nature of accounting, the equation should always balance. Because all debits are equal to credits, both sides of the equation should be equal to each other. If the accounting formula or equation does not balance, it means that there was a mistake in the recording of the accounting data. You must analyze the accounting information again in order to make the necessary corrections to balance the equation.
Assume the economy is operating at P1Y2.
Which of the following would cause a shift to bring the economy to P3Yf?
Real wages fall.
Productivity increases.
Personal income taxes increase.
Transfer payments decrease.
A major hurricane hits the southeastern United States.
The decrease in aggregate demand would also reduce productivity and lead to a decrease in output and employment.
What is employment?Employment is an agreement between two parties, usually based on a contract, where work is exchanged for compensation, such as wages, salary, or commission. Employment is typically for a fixed period of time, and the employer usually has the right to dismiss an employee for a legitimate reason. Employment typically involves an exchange of services, knowledge, skills and experience for remuneration. Employment can be either full-time, part-time, or casual, depending on the type of job and the agreement between the employer and the employee.
A major hurricane hitting the southeastern United States would cause a shift to bring the economy to P3Yf as it would reduce aggregate demand in the affected areas, resulting in a decrease in consumption and investment spending. This would lead to a contraction in output and employment, resulting in a decrease in real wages, a decrease in transfer payments, and an increase in personal income taxes.
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How does “principal” relate to an auto/college loan?
The relation of “principal” to an auto/college loan is given below:
What is principal?
The term "principal" refers to the amount of money borrowed in a loan, not including interest. In an auto loan or college loan, the principal is the initial amount of money that the borrower receives from the lender.
For example, if you take out a $20,000 auto loan to purchase a car, the principal of the loan would be $20,000. This is the amount of money that you receive from the lender to purchase the car.
Interest is a fee that the lender charges the borrower for the use of the money. The interest is typically expressed as a percentage of the principal and is paid over the term of the loan.
For example, if the interest rate on the $20,000 auto loan is 5% per year and the loan term is 5 years, the total interest paid over the course of the loan would be $2,500 (5% of $20,000 per year for 5 years). This means that the total cost of the loan, including both the principal and the interest, would be $22,500 ($20,000 principal + $2,500 interest).
Hence, the principal of a loan is the initial amount of money borrowed, while interest is a fee charged by the lender for the use of the money.
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T/F: the bailment relationship is created wehn the bailor owner entrusts a bailee to temporaily hold the property usually for the parties mutual beneit
When a bailor owner entrusts a bailee with temporarily holding the property, typically for the benefit of both parties, the bailment relationship is established.--- True
A "bailment" is when one person sends goods to another for a reason and agrees that when the purpose is accomplished, the goods will be returned or disposed of in another way according to the instructions of the person who gave them.
The "bailor" is the individual who delivers the goods. When both parties agree that the property temporarily in the bailee's custody will be used for the bailee's benefit without giving the bailor anything in return, a bailment is made for the bailee's sole benefit. A bailment is a borrowing of a book from a library for the sole benefit of the bailee.
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Which of the following statements explains the unity of command principle of management?
A. All workers must share the same goal.
B. Every firm has one strong leader, and everyone should support that individual.
C. Workers can become frustrated and confused if they have more than one boss.
D. All authority should rest with top management, since only top managers carry the responsibility of bad decisions.
The unity of command principle of management is explained by statement C: Workers can become frustrated and confused if they have more than one boss.
The unity of command principle in management states that each employee should have only one direct supervisor or boss. Statement C accurately reflects this principle by highlighting the potential issues that can arise when workers have multiple bosses. When employees receive conflicting instructions or have to report to multiple supervisors, it can lead to confusion, inefficiency, and frustration.
Having more than one boss can create difficulties in coordinating tasks, prioritizing work, and receiving consistent feedback and guidance. It can also lead to a lack of accountability and clarity in reporting relationships. The unity of command principle aims to establish a clear chain of command, ensuring that employees have a single supervisor who provides direction, assigns tasks, evaluates performance, and maintains a cohesive working environment.
By adhering to the unity of command principle, organizations can promote effective communication, streamline decision-making, and foster a sense of clarity and structure within the workplace. It helps minimize conflicts, enhances productivity, and improves overall organizational effectiveness.
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What things should you consider when setting up a checking or savings account with a financial institution?
Answer:
What profit will you get
(e) Recommend two ways in which communication could be improved in a large
organisation. Justify your recommendations.
Way 1:
Way 2:
Give suggestions I will write analysis and conclusion
The recommended ways to improve communication are given below:
The RecommendationsWay 1: Implement a centralized communication platform such as Slack or Microsoft Teams to improve collaboration and facilitate real-time communication across different teams and departments. This would enable employees to quickly and easily share information, documents, and updates, leading to increased productivity and more efficient decision-making.
Way 2: Conduct regular town hall meetings or all-hands meetings, where senior leaders can address the entire organization, provide updates on business goals and priorities, and answer questions from employees. This would help improve transparency and ensure that everyone is aligned on company goals and objectives, leading to greater engagement and job satisfaction.
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What are the subsidiaries of ViacomCBS?
Answer:
These are the subsidiaries of ViacomCBS :
Paramount Pictures InternationalParamount Licensing, IncShowtime NetworksNickelodeonMTVComedy CentralBETCBS All AccessPluto TV Simon & Schusterand more......
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4) Turn the cell reference in cell C22 into an absolute cell
reference for both the row and column
C22
5) Find the minimum of cells C26 through G26 in cell I26
Sales 54,141 14,845 41,467 15,486 17,765
Absolute cell reference in excel an absolute cell reference is a cell reference that does not change even if you move or copy the formula to another cell.
It is created by adding a dollar sign ($) before the column and row reference of the cell address. In order to turn the cell reference in cell C22 into an absolute cell reference for both the row and column, you would use the following formula Finding the minimum of cells in Excel.
The MIN function in Excel is used to find the smallest value among a set of numbers. In order to find the minimum of cells C26 through G26 in cell I26, you would use the following formula:
17765The formula would return the value 14,845, which is the smallest value in the range C26:G26.
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