Infinity Corporation purchased equipment with a 10-year useful life and zero residual value for $10,000. At the end of the fifth year, the equipment is sold for $6,000. The entry to record this sale will include _____. Assume the straight-line depreciation method is used. Select all that apply and click Submit. a credit to Loss for $1,000 a credit to Gain for $6,000 a debit to Equipment for $6,000 a credit to Equipment for $10,000 a debit to Cash for $6,000 a debit to Accumulated Depreciation for $5,000 a credit to Gain for $1,000

The policy by Sally's health insurance policy that requires that she pay $500 of the first medical cost each year is the Annual Deductible.

This is an amount that an insurance policy reuires that its holders pay because the policy starts covering their medical costs.

This amount is paid once a year and is paid on the first medical cost that a person incurs in the year.

In conclusion, this is an annual deductible.

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Option 2, is one of the important goals in product development, because it represents the fundamental aim of the production of a particular good, since the better the good, the higher the demand, thereby increasing sales.

What are sales?

Sales refers to a transaction between two or more parties that involves the exchange of  goods which could either be tangible or not, rendering of services,  for money. Cash is either paid to a seller, or an asset can be given.

in essence, sales is represents a contract between a seller of a particular good or service and a buyer who is in need of the good or service, and is willing to pay for that good or service.

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Answer: Medicare and social security

Explanation:your welcome

Answer:

C). Obsolescence

Explanation:

Obsolescence is defined as the 'state of being obsolete or no longer in use' as the better alternate options become available in the market which possesses the ability to offer higher productivity. It is 'the expected consequence of a technology that enhances briskly and alternative service options with upper quality become accessible.' The producers are more likely to switch to the alternate not always due to the uncompetitiveness of the present technology but also due to the higher advantages and yielding capacity of the new option. Thus, option C is the correct answer.

The major value drivers that managers have at their disposal include product features, customer service, and complements. True

A manager is the person responsible for achieving an organization's goals and objectives.

A manager who must perform effectively would have at his disposal  product features, customer service, and complements.

This is because product features shows uniqueness of a product or service can set it apart from the competition hence must be at the disposal of a manager.

Also, good customer service will retain both new and existing customers of an organization, hence a value driver for a manager.

Therefore, it is true that the major value drivers that managers have at their disposal include product features, customer service, and complements.

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The equilibrium interest rate is determined by the interaction of supply and demand in the loanable funds market. If all else remains constant, there are several factors that can cause the equilibrium interest rate to increase:

1. Increased demand for loans: If there is an increase in the demand for loans, such as from businesses or individuals seeking to invest or make purchases, this can lead to an increase in the equilibrium interest rate.
2. Decreased supply of funds: If there is a decrease in the supply of loanable funds, such as from households saving less or banks lending less, this can also cause the equilibrium interest rate to increase.

3. Expansionary monetary policy: When the central bank implements expansionary monetary policy, such as lowering interest rates or increasing the money supply.
4. Inflation expectations: If individuals and businesses expect higher inflation in the future, they may demand higher interest rates to offset the anticipated loss in purchasing power.
5. Government borrowing: Increased government borrowing can crowd out private investment and lead to higher interest rates.

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Journal entries for the following transactions of Famous Company: Famous Company is a merchandising company that trades in electronic devices.

Aug 1: Purchased 8,000 BD of merchandise inventory and immediately paid 8,000 BD cash.

Accounts Involved: Inventory account and Cash account.

Accounts to be Debited or Credited.

Inventory 8,000

         To Cash 8,000

(Note: When the merchandise inventory is purchased, we increase the inventory account, and decrease the cash account because the purchase is made in cash.)

Aug 3: Paid 300BD cash for shipping the merchandise purchased on Aug 1.

Accounts Involved: Freight-Out account and Cash account.

Accounts to be Debited or Credited.

Freight-Out 300

      To Cash 300

(Note: Freight-out is a type of expense. When we pay the amount to the transporter for shipping the goods, we increase the freight-out expense account and decrease the cash account because the payment is made in cash.)

The above transactions are recorded in the accounting records of Famous Company using the journal entries as shown above.

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Answer:

Operations can help a business sustain their competitive advantage by reducing its cost without considering the way they are reduced.

Explanation:

First of all, to create a business competitive advantage the business has to be more profitable than its competition. In other words, they need to make money in a more effective way than its competitors. This means that they have more margin of profit, instead of selling more. Now, in operations, this works the same. However, the reasons might come from different sources. Whether by having technology more advanced than its competitors. By having more productive processes, or by using materials bought at cheaper prices.

The term that describes the amount of output produced in relation to the resources invested is known as productivity. It is a key factor in determining a company's profitability and competitiveness.

A high level of productivity means that a company can produce more goods or services using fewer resources, which can lead to higher profits and a lower cost structure. In contrast, low productivity can result in waste, inefficiency, and higher costs.

Improving productivity requires a focus on optimizing processes, reducing waste, and investing in technology and human resources. By doing so, companies can achieve their goals of increased output, profitability, and success.

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Answer:

true is the answer to the question

Answer:

c

Explanation:

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Answer:22 years

Explanation:

Price elasticity of demand is a measure of how responsive a change in consumption is to a specific change in a product's price. There will be less demand for the newspaper because its price increased.

How much a product's consumption alters in response to price changes is measured by price elasticity of demand. A good is perfectly elastic if its price elasticity is infinite (if demand changes substantially even with minimal price change). If price elasticity is greater than 1, the good is elastic; if it is less than 1, it is inelastic. If a good's price elasticity is zero, then no amount of price fluctuation will change demand for that good. A demand or supply curve that is inelastic will result in a lesser percentage change in quantity demanded or supplied for a given change in price.

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What we own are asset, adjustments ensure that asset balances are reported

An asset is of worth that has economic value and future benefit.  An asset can serve as a source of income generating money for present and future endeavors.

Therefore, what we own are asset, adjustments ensure that asset balances are reported

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The average operating assets are $10,000,000. Net operating income is $3,000,000.The minimum required return is 25%.The residual income is $500,000. The formula for calculating ROI is as follows: ROI = (Net Operating Income/Average Operating Assets) x 100%.

where Net Operating Income = Sales - Operating Expenses.

In your case, sales were $25,000,000 and net operating income was $3,000,000. Operating expenses would be the difference between these two values, which would be $22,000,000 ($25,000,000 - $3,000,000).Average operating assets were $10,000,000, and the minimum required rate of return was 25%.

To calculate the ROI, we'll need to use the formula mentioned earlier: ROI = (Net Operating Income/Average Operating Assets) x 100%

ROI = ($3,000,000/$10,000,000) x 100%ROI = 30%

To calculate the residual income, we'll need to use the following formula: Residual Income = Net Operating Income - (Minimum Required Return x Average Operating Assets)

Residual Income = $3,000,000 - (0.25 x $10,000,000)

Residual Income = $3,000,000 - $2,500,000

Residual Income = $500,000

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Inequality in the U.S. and other developed countries has increased since 1970 due to various factors such as globalization, technological advancements, and changes in government policies.

These trends have led to a concentration of wealth among the top earners while middle and lower-income groups have seen stagnant or slow growth in their incomes. The implications of these trends for market societies are significant. Increasing inequality can lead to social unrest, reduced social mobility, and diminished trust in institutions. It hampers economic opportunities for the disadvantaged, exacerbates disparities in education and healthcare, and undermines social cohesion. Moreover, it can create a vicious cycle where the wealthy have more resources and political influence, further perpetuating inequality. Addressing inequality requires a comprehensive approach, including progressive taxation, investments in education and skills training, strengthening social safety nets, and promoting inclusive economic growth. By mitigating inequality, market societies can foster greater social mobility, shared prosperity, and a more stable and cohesive society.

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The equity amount used in the weight calculation should be consistent with the total equity as reported in the company's financial statements.

The weights used in the WACC calculation should be consistent with the financial data used in the analysis. For example, if the cost of debt is based on the interest rate on the company's outstanding debt, the corresponding debt amount used in the weight calculation should also be based on the outstanding.

The weights used in calculating the Weighted Average Cost of Capital (WACC) represent the proportion of a company's financing that comes from different sources. Typically, these sources include debt and equity, but other forms of financing, such as preferred stock, may also be included.

The weights used for the WACC calculation can be determined based on either the market value or the book value of each source of financing. The market value of a company's financing represents the current market price of its equity and the present value of its debt. The book value, on the other hand, represents the value of the financing as reported in the company's financial statements.

The choice between using market value versus book value weights in the WACC calculation depends on the specific circumstances of the company and the purpose of the analysis. In general, market value weights are considered more appropriate because they reflect the current market prices and investor perceptions of the company's financing. However, there are some situations where book value weights may be more appropriate, such as when the company has a stable capital structure and its market value and book value weights are similar.

To calculate the market value weights, the market value of equity is divided by the sum of the market value of equity and the market value of debt. To calculate the book value weights, the book value of equity is divided by the sum of the book value of equity and the book value of debt.

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The idea behind Nixon's decision to "freeze" wages and prices was inflation affects wages and prices, so freezing those would halt inflation.

When the total demand (AD) exceeds the total supply (AS) of a given item or service in the market, this is referred to as inflation.

As a result, the cost of those goods and services rises. This occurs as a result of people having money, either through high government spending or from high incomes or low loan rates.

Nixon thus decides to maintain a specific level of prices and salaries in order to freeze employment. As a result, the population's purchasing power will be constrained, and prices will eventually balance out.

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Answer:C

Explanation:edge 2022

The cost of inventory used on job A3B during October is $26,500. Direct materials cost is a type of cost that is directly linked with the manufacturing of a particular product or service. The cost is incurred on the purchase of raw material, freight charges, duties, and taxes.

Therefore, the cost of inventory used on job A3B on September 25 is $2,500. During October, Jaycee Corporation used $4,000 of inventory. Therefore, the ending inventory balance is equal to the inventory balance on September 25 minus $4,000. The cost of inventory on September 30 is equal to $2,500 + ($4,000) = $6,500. Therefore, the cost of inventory used during October is equal to $6,500 − $2,500 = $4,000. Therefore, the total cost of inventory used on job A3B is $2,500 + $4,000 = $6,500. Therefore, the cost of inventory used on job A3B during October is $6,500 - $2,500 = $4,000. Direct materials cost is a type of cost that is directly linked with the manufacturing of a particular product or service.

The company needs to use the direct materials and reduce its inventory to manufacture the products.The cost of inventory used in production is a component of the cost of goods sold. The cost of inventory used during production is equal to the change in inventory balance during the period. The change in inventory balance is equal to the beginning inventory balance minus the ending inventory balance. Therefore, the cost of inventory used during October is equal to the cost of inventory on September 30 minus the cost of inventory on September 25. The cost of inventory on September 25 is the direct materials used on job A3B. The cost of inventory on September 30 is equal to the sum of the direct materials inventory and the ending inventory balance. The ending inventory balance is the inventory that was not used on job A3B.During the month of September, Jaycee Corporation used $2,500 of direct materials. Therefore, the cost of inventory used on job A3B on September 25 is $2,500.

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Answer:

true

Explanation:

its Tax Day so they are very busy

Answer:

its C

Explanation:

i got it right on edge

Buying a franchise might be a good decision for someone who doesn’t have experience developing management systems. The appropriate response is option C.

A franchise is a technique of selling goods or services that involves a franchisor who creates the brand's trade name and business model and a franchisee who pays a royalty and frequently an upfront fee to have the right to use the franchisor's name and system.

You can run a business if you buy a franchise as an investor or franchisee. You receive a format or system created by the business (franchisor), the right to use its name for a predetermined period of time, and help in exchange for paying a franchise fee.

Due to the pool of support provided by the franchisor and network of other franchisees, a small firm with a franchise is better able to compete with large corporations than a small business operating independently. In your territory, you often have exclusive rights.

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The term for goods that your business ships to another country is known as Exports.

Export/ Exporting:

According to the question by evaluating this limit, we can find the derivative function of S(i) with respect to i.

To compute the derivative function using the limit method, we'll use the definition of the derivative. Let's assume the function is denoted as f(i), where i represents the parent's income level in thousands of dollars per year.
The derivative of f(i) with respect to i is given by the following limit:
f'(i) = lim(h->0) [f(i+h) - f(i)] / h
Let's denote the U.S students' average math SAT score as S(i), where i represents the parent's income level in thousands of dollars per year.
Using the given information, we have:
f(i) = S(i)
Now, let's compute the derivative function step by step:
Step 1: Compute f(i+h):
f(i+h) = S(i+h)
Step 2: Compute the difference:
[f(i+h) - f(i)] = S(i+h) - S(i)
Step 3: Compute the limit as h approaches 0:
lim(h->0) [f(i+h) - f(i)] / h = lim(h->0) [S(i+h) - S(i)] / h
By evaluating this limit, we can find the derivative function of S(i) with respect to i.

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Answer:

Free-market, or laissez-faire, economics and Keynesian theory.

Explanation:

The economic school of thought can largely be influenced by prevailing societal values and the historical context in which the theory is developed.

There are many factors that might influence an economic school of thought, but the two key elements are often prevailing societal values and historical context. Prevailing societal values can drastically influence an economic philosophy.

Furthermore, the historical context in which an economic thought emerges is crucial. Economists develop their theories in response to the economic challenges and realities of their time. The Great Depression deeply influenced Keynesian economics, and the stagflation of the 1970s prompted a shift towards monetarism.

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Vivid vision exercise involves the entrepreneur envisioning how they will build the business and the steps needed to get there. The entrepreneur tries to imagine what the business will look like 3 years into the future, and sometimes up to 10 years. The correct option is a.

The vivid vision exercise is crucial in helping entrepreneurs create a mental picture of what their businesses should be like in the future. It is a tool used to drive the direction of the company, unify the team, and motivate employees to work towards the same goal.

It helps entrepreneurs to get clear on what they want to achieve, and how they want to get there.In the vivid vision exercise, the entrepreneur should imagine what the company looks like in the future and what goals they should have accomplished in that period. They should also visualize the steps needed to achieve those goals and make sure they are actionable.

The exercise should be clear and simple and should be shared with the team to align their efforts with the company's goals. In conclusion, the vivid vision exercise is a powerful tool that entrepreneurs can use to achieve their long-term goals. The correct option is a.

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Answer:

Peak

Explanation:

The peak is the business cycle with the highest growth rate. The economy is operating and its full potential. The demand for goods and services is high, which results in high sales and high income for businesses.

The peak presents the best opportunities for business. A firm makes optimal use of its resources. It experiences high sales and incomes, which is a good opportunity to expand or offer good returns to investors.

Financial accounting is a branch of accounting that is concerned with summarizing financial data for external stakeholders.

Financial accounting is the method of recording and summarizing all of an organization's monetary transactions. It provides information to various stakeholders, including investors, creditors, management, and regulators. Financial accounting's primary goal is to provide stakeholders with information about an organization's financial health and activities. It accomplishes this by producing a variety of financial reports, including income statements, balance sheets, and cash flow statements. These reports are usually produced on a quarterly or annual basis and are required by law for publicly traded businesses. They provide stakeholders with an understanding of an organization's profitability, financial stability, and liquidity.

Financial accounting is critical for investors and creditors since it allows them to assess the financial stability of a company. Investors use financial statements to determine whether to invest in a company, while creditors use them to determine whether to lend money to a company. Management may also use financial statements to identify areas where they can increase profitability or reduce expenses. In conclusion, financial accounting provides crucial information to various stakeholders, allowing them to make informed decisions about an organization.

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Leadership conceptualized as that which moves followers to accomplish more than is usually expected of them is known as the Transformational leadership.

Transformational leadership can be regarded as kind of leadership that motivate followers to accomplish the set goal of the organization excellently as expected of them  by their leaders.

Therefore, Transformational leadership moves followers to accomplish more than is usually expected .

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