In Draco Corporation’s first year of business, the following transactions affected its equity accounts. Issued 6,400 shares of $2 par value common stock for $42. It authorized 20,000 shares. Issued 1,600 shares of 12%, $10 par value preferred stock for $47. It authorized 3,000 shares. Reacquired 320 shares of common stock for $54 each. Retained earnings is impacted by reported net income of $74,000 and cash dividends of $27,000. Prepare the stockholders’ equity section of Draco’s balance sheet as of December 31. (Amounts to be deducted should be indicated by a minus sign.)

Answer:

All the following are advantages of ERP systems except: ______

c. moderate to low cost

Explanation:

Enterprise resource planning (ERP) integrates the important parts of their businesses and reduces the time and efforts required to do work.  A good ERP system enables teams to focus on revenue-generating tasks by eliminating repetitive tasks.  But, these advantages come at some steep costs, especially in initial infrastructure and continuous maintenance.

The most appropriate method to collect the average number of cars using the new highway in a month's time would be (A) Observation. This method allows for accurate and direct counting of cars without relying on self-reported data, which could be subject to bias or errors in recall.

Observation involves directly observing and recording the behavior or phenomenon of interest, without relying on self-report from participants. In this case, an observer could be stationed at various points along the highway to count the number of cars that pass by over the course of a month. This method would provide an accurate count of the number of cars using the highway and would not rely on self-report from drivers.Telephone interviews and questionnaires are methods of self-report, which may be subject to bias or inaccuracies. For example, individuals may not accurately remember or report the number of times they used the highway in a month. These methods may also suffer from response biases, such as social desirability bias, where individuals may provide answers that they believe are socially acceptable, rather than truthful.

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Answer:

I would assume it is true

Explanation:

The efficient market hypothesis is a theory in finance that posits that financial markets are “informationally efficient.”

This means that all publicly available information about an asset is already reflected in its current price. Investors cannot earn “abnormal” profits by trading on this information because it is already known and priced in. Consequently, stock prices follow a random walk pattern, and no one can consistently predict stock prices or beat the market in the long run. The efficient market hypothesis (EMH) comes in three forms: weak, semi-strong, and strong.

The weak EMH states that current stock prices reflect all past market data, while the semi-strong EMH claims that prices reflect all publicly available information, including past and present data. The strong EMH, on the other hand, asserts that stock prices reflect all information, including non-public or insider information. The efficient market hypothesis has significant implications for investors.

It suggests that investors should not waste their time trying to beat the market by analyzing information that is already reflected in stock prices. Instead, investors should focus on investing in diversified portfolios to minimize risk. As for evidence consistent with the EMH, numerous studies have shown that stock prices follow a random walk pattern.

In other words, past stock prices are not useful in predicting future stock prices. Additionally, studies have shown that professional money managers have a hard time consistently beating the market. For example, the S&P Dow Jones Indices 2021 mid-year SPIVA report showed that the majority of actively managed mutual funds underperformed their respective benchmark indices in the first half of 2021.

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Answer:

Time-and-materials contracts, which bill the project at an agreed-upon rate based on actual resources used and time spent by developers.

Fixed-price contracts, which bill the project at a flat rate, regardless of the time spent or resources used.

Explanation:

If the annual oil production for a region was about 550 million tons in 1980 and increased at a rate of 7.6​% per year, then oil production in the year 2000 is 2,038 million.

Given that initial production is 550 million and the rate of growth is 7.6% per year.

The exponential growth formula is A= A₀(1+rt)

where Ais the final value,

A₀ is the initial value,

r is the rate of growth and

t is the time in years.

Here A₀= 550

Then the number of years is

t= 2000-1980

= 20 years

Rate of growth is-

r= 7.6/100= 0.076%

Substitute all the values into the equation exponential growth and solve for A.

A= 550( 1+ 0.076)²⁰

= 550(1.076)²⁰

= 550. 4.327583204

= 2,380 million.

Therefore the oil production in the year 2000 is 2,380 million.

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Answer:

Explanation:

Using the A = p (1 + r ) ^t:-

→ P = 550 million

→ R = 7.6% or 7.6/100 = 0.076

→ t = 2000 - 1980 = 20

Therefore, the oil production in 2000 would be around 2,380 million.

_________________________

Hope this helps!

different between isoquant and isocost

C. FIFO produces the lowest cost of goods sold and the highest gross profit when prices are increasing.

FIFO (First-In, First-Out) is an inventory valuation method that assumes the first items purchased are the first items sold. This means that when prices are rising, the older, cheaper items are sold first, resulting in a lower cost of goods sold (COGS) and a higher gross profit.

In contrast, the Last-In, First-Out (LIFO) method assumes the latest items purchased are the first items sold. This would result in higher COGS and a lower gross profit when prices are increasing. Specific Identification and Average cost methods can also produce different results depending on the actual costs and the timing of purchases and sales.

In summary, the FIFO method is best for producing the lowest cost of goods sold and the highest gross profit when prices are increasing, as it sells off older, lower-priced inventory first, leading to a lower COGS and a higher gross profit. Therefore, the correct option is C.

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Answer: Year-end function planning with my tips

Involve management in the arrangements.

Set the date.

Decide on a theme.

Get a venue.

Decide on food and be mindful of allergies, cultures, and eating habits.

Make personal and exciting online invitations.

Arrange for group shuttle services for safe transportation.

Always keep the budget in mind.

Explanation:

Done this before.

Components come in two types, Class components, and Function components, in this tutorial we will concentrate on Function components.

An approach for condensing a large number of connected variables into fewer, more significant components is simple component analysis. It offers a more understandable result than the principal component analysis but is similar.

The parts that make up something is its constituents. One essential element of a nuclear bomb is enriched uranium. There are four basic parts to the management strategy. The parts which make up something are its constituent parts.

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Based on the changes in customer changes and the changes in discounts, customer questions were Not impactful on customer questions.

In conclusion, we can say that discounts were not impactful on customer questions because customer questions did not change in relation to changes in discount.

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When nations cannot successfully produce a true or service, they can seek to acquire it through trade with every other country. These opportunities to specialize regularly lead to greater effectivity in production, greater levels of innovation, and extended satisfactory of development.

The fundamental sorts of International business include: Export Trade: Selling products and services to different nations. Import Trade: Buying items and offerings from different countries. Entrepot Trade: Importing items and offerings to re-export them to other nations.

Attract foreign demand: Some companies are unable to extend their market share due to fierce competition within the enterprise

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When Sylvia Baxter reaches an agreed-upon selling price, it means that she and the buyer have negotiated and come to a mutual agreement on the price at which the item or property will be sold, and they have signed a legally binding sales agreement or contract.

Based on the information you provided, Sylvia Baxter has reached an agreed-upon selling price for a particular item or property. This means that she and the buyer have come to a mutual agreement on the price at which the item or property will be sold.
When negotiating a selling price, it's important for both parties to consider several factors, such as the current market value of the item or property, its condition, and any unique features or attributes that may affect its value. Additionally, both parties should be clear about any terms and conditions of the sale, such as the date of transfer of ownership, any repairs or renovations that need to be made before the sale, and any financing or payment arrangements.
Once the selling price has been agreed upon, both parties will typically sign a sales agreement or contract that outlines the terms of the sale. This document serves as a legally binding agreement between the buyer and seller and ensures that both parties are aware of their rights and obligations.
In summary, when Sylvia Baxter reaches an agreed-upon selling price, it means that she and the buyer have negotiated and come to a mutual agreement on the price at which the item or property will be sold, and they have signed a legally binding sales agreement or contract.

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The result at the end of the year would be that the money in the savings account will lose 2% of its value.

If the inflation rate is higher than the interest earned on a savings or checking account, the investor is losing money.

As the demand for goods and services rises, inflation happens. There will probably be increased demand from customers as the total amount of money in an economy increases. Sellers raise their pricing when more individuals purchase more things.

The loss of value would be :

= Inflation rate - Interest rate

= 6 % - 4 %

= 2 %

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Answer:

yes

Explanation:

it was her boa constrictor so therefore she is held responsible

False. Versatility and adaptability are tremendous assets.

Adaptability is the ability of a person and or a leader to acclimatize into different environments. This might be a:

Versatility, on the other hand, is the ability to be flexible, that is possessing many different abilities or skills with allow one to adapt easily.

Inherent in their definitions lie their differences. However, each quality is very crucial for any person either as a follower or as a leader.

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Answer:

B. You are a good delegator.

Explanation:

Delegation involves identifying the right people for the right tasks, and it allows the project manager to focus on other important aspects of the project. By being able to identify who on the team can take on certain tasks, the project manager is demonstrating good leadership skills and effective delegation. While collaboration, conflict resolution, and motivation are also important skills for a project manager to have, they are not directly related to the ability to delegate tasks to team members.

At the end of a short-term program, the offer should be made to the client in person. Option A

The best way to present an offer at the end of a short-term program will depend on various factors, such as the nature of the program, the client's communication preferences, and the type of offer being made.

Option A (in-person) may be appropriate for a high-value offer that requires face-to-face interaction, such as a job offer or a business partnership. Option B (via text) is less formal but may be appropriate for a quick follow-up or reminder. Option C (in a phone call) can be a good option for building rapport and having a more personalized conversation. Option D (via email) is a common way to present offers and allows for easy documentation and tracking. Option E (in a written letter) may be suitable for more formal or ceremonial occasions, such as a scholarship award or a congratulatory message.

Overall, the best approach is to consider the client's communication preferences and the nature of the offer, and choose the most appropriate method accordingly.

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Answer:

Purchases=  696,000 pounds

Explanation:

Giving the following information:

Production= 222,000 units.

To make one unit of a finished product, three pounds of direct material Z are required.

To calculate the purchases of direct material, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

Purchases= 222,000*3 + 420,000 - 390,000

Purchases=  696,000 pounds

Answer:

Angela and Stenbach Service Centre

Contract for Service and Contract of Service:

1. Angela has a contract for service.

2. Factors used to decide whether a contract is for service or of service:

a) Employment terms are slightly different from business contract terms.

b) Employees are paid Wages and Salaries, while contractors are paid fees.

c) Employees do not submit monthly invoices for payment, but contractors do.

d) Angela fills tax forms for herself and remits the taxes, so she is self-accounting with respect to her income taxes, unless withholding taxes like Sales taxes.  An employee's income tax is deducted from her salary before payment and the company remits the taxes to the IRS.

Explanation:

The agreement between Angela, a self-employed individual, and Stenbach Service Centre is a contract for service.   A contract of service is an employment contract between Stenbach Service Centre, the employer, and the Payables Supervisor, an employee, for example.  Essentially, Angela can be described as an outsourcer for services vendor or service provider to Stenbach Service Centre, an outsourcer of service company.  Angela is engaged for a fee to carry out property maintenance services, including lawn care, snow removal, and parking lot maintenance.  She is an independent contractor with Stenbach.  She does not need to work on any day and she can subcontract her work by hiring others to help her discharge the service.  An employee, like Chris, cannot hire another person to discharge his responsibilities and must work on designed days.

Another important difference is that Angela submits monthly invoices for actual work done.  An employee does not have to submit an invoice in order to be paid for work done.  Angela's invoices will not be of the same amount from one month to the other, unlike Chris' whose salary pay sheet may be static in amount from month to month.  

Based on the information, it can be deduced that it's an indication of the uncertainty that exists in the Vietnamese cultural model.

From the complete information, Vietnam has low points in the avoidance index. This implies that they're less associated with their cultural roots and don't have concern for hiring white people.

Some of the solutions that can be applied for training the workers include providing them with ethical and language-based training and also encourage a team culture.

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Answer:

B

Explanation:

Investment, government spending, and exports rapidly boost an economy's whole demand, which further increases the level of income or output. They can be regarded as injections to the circular flow of income.

Answer:

The Answer is explanatory so it is given as under:

Explanation:

Part 1. At the start of the year:

The part of the salary includes $150,000 per year for the next 10 years and this must be recorded as an deferred compensation liability. All we have to do is to calculate the present value of the annual salary payments.

Present Value = Annual Payment * Annuity factor

And for Annuity factor we will use 5% rate of interest.

So

Annuity Factor = (1 - (1-r)^n) / r

Here

r = 5%

n = 10 years

Which means

Annuity Factor = (1 - (1 + 5%)^10)  / 5%   = 7.722

Hence

Present value = $150,000 * 7.722 = $1,158,260

So the journal entry would be as under:

Dr Deferred Compensation expense $1,158,260

Cr    Deferred Compensation Liability $1,158,260

Part 2. At the end of the Year 1:

At the first year end, the annual payment of $1,158,260 will be discounted back by using the following formula:

Discounted Back Amount = Annual Amount * (1- (1+r)^n)

Remember for the first year n is 10, for second n is 9 and so on.

Discounted Back Amount = 150,000 x (1 - 0.614) = $57,913

Dr Deferred Compensation Expense   $57,913

Cr    Deferred Compensation Liability        $57,913

Part 3. And when the first payment of the salary is made, the journal entry would be:

Dr Deferred compensation Liability $ 150,000

Cr                                       Cash Account    $150,000

Likewise we will till the year 10 and will record the part 2 and part 3 until at the end of the year 10, the whole of the deferred tax liability is reduced to zero.

The life insurance policy payments can not be offset against the deferred compensation liability because it will be accounted for as a different transaction and hence must not be treated as Riley desires.

So the Cash surrender value will be treated as an asset and annual increase in this asset would be treated as an income.

If a person wants to know how to calculate the unemployment rate and the inflation rate, then he or she should take the economics course known as macroeconomics. The alternative B. macroeconomics is correct.

Macroeconomics is the branch of economics that focuses on the overall performance of the economy, including issues such as unemployment, inflation, and economic growth. This is the course that will cover how the unemployment rate is calculated and how inflation is measured.

Microeconomics, on the other hand, focuses on the behavior of individual consumers and firms, and financial accounting is concerned with the recording and reporting of financial transactions. Therefore, for your friend's specific interests, a macroeconomics course would be the best choice.

In conclusion, the alternative B. macroeconomics is correct.

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Answer:

A business transaction is a financial transaction between two or more parties that involves the exchange of goods, money, or services

In order for a company to make a profitable growth, it must have good terms of accounts and finance people.

Hence the option D is correct.

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Career values are crucial since they can help define the parameters for your personal fulfillment and professional success. You may be intentional in your employment search and utilize your values to build your future by recognizing your own values and what matters most to you.

Work values, also known as career values, are the personal ideas, drives, and beliefs that guide you in determining what matters most to you in your professional life. Your drive to work and your overall success at work are both influenced by them.

Our actions, relationships, and lives as a whole are influenced by our own values. In addition to helping us make important decisions, our beliefs can affect how we develop personally. Knowing your values will help you make decisions about your profession, relationships with others, and interests that are most important to you.

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Manufacturing overhead is an indirect cost. Hence, option B is correct.

Manufacturing overhead costs are the initial charges that a corporation incurs for things like the purchase of materials and indirect labeling. electricity, machinery, maintenance, factory supplies, insurance, etc.

This is often referred to as "factory overhead," and it refers to costs that are further recorded in the balance sheet or in the profit and loss statement and divided by the company's profit even if they have no direct bearing on manufacturing.

Thus, option B is correct.

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