Energize, as a publicly held corporation, may deduct the salary of $950,000 and the contributions to the CEO's retirement plan of $35,000. However, the bonus of $600,000 may not be fully deductible because it was awarded based on a threat made by the CEO to accept a better paying job with a competitor.
According to the IRS, bonuses must be paid for services actually rendered and not as a gift or reward. In this case, the bonus was awarded due to a threat made by the CEO, which could be considered as coercion rather than services rendered. As a result, the IRS may view the bonus as non-deductible.
Additionally, the IRS has limitations on the amount of executive compensation that can be deducted. The limit is $1 million per year, with exceptions for performance-based pay. However, in this scenario, the bonus was not based on performance but rather on a threat, so it may not qualify for the exception.
In conclusion, Energize may deduct the CEO's salary of $950,000 and the contributions to her retirement plan of $35,000. However, the deductibility of the $600,000 bonus is questionable and may not be fully deductible due to the circumstances under which it was awarded.
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Which of the following set is correctly depicting the same type of production: I. bridges, fishing, rum II. Hotel worker, processed coffee, sugar
III. furniture, clothing, roadway IV. all the above
Each sector of the economy involves a different type of production process.
Which of the following set is correctly depicting the same type of production?The correct set that is depicting the same type of production is set II, which includes hotel worker, processed coffee, and sugar.
In set II includes hotel workers, processed coffee, and sugar. Hotel workers are part of the service sector, which involves providing intangible goods and services such as hospitality, entertainment, and transportation. Processed coffee and sugar are part of the manufacturing sector, which involves the transformation of raw materials into finished goods for consumption. These items are all related to the same sector of the economy, which is the service and manufacturing sector.
In contrast, set I includes a mix of production types. Bridges are part of the construction sector, fishing is part of the primary sector (which involves extracting natural resources), and rum is part of the manufacturing sector. These items are not related to the same type of production.
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To differentiate between the connections, ____ uses multiple public TCP and UDP ports to create unique sockets that map to internal IP addresses.
To differentiate between the connections, Network Address Translation (NAT) uses multiple public TCP and UDP ports to create unique sockets that map to internal IP addresses.
NAT is a technique that enables various devices on a local network to share a single public IP address for accessing the internet. This conserves public IP addresses and enhances security by keeping the internal network hidden from external sources.
NAT uses port numbers to distinguish between multiple connections. TCP and UDP are two common protocols, each utilizing a specific set of port numbers for communication. When a device on the internal network sends a request to an external server, NAT replaces the internal IP address with the public IP address, while also assigning a unique port number. This process creates a mapping between the internal IP and the public IP address, enabling the NAT device to properly route incoming traffic back to the corresponding device within the local network.
By using multiple public TCP and UDP ports, NAT ensures that each connection from the internal network is uniquely identified and maintained, allowing devices to seamlessly access internet resources while preserving network security.
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Diaz Company owns a machine that cost $125,100 and has accumulated depreciation of $91,600. Prepare the entry to record the disposal of the machine on January 1 in each separate situation. 1. The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in return. 2. Diaz sold the machine for $16,200 cash. 3. Diaz sold the machine for $33,500 cash. 4. Diaz sold the machine for $40,200 cash. Journal entry worksheet 4 Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits.
Journal entry worksheet 4: Diaz Company Date Account Titles Debit Credit 1st January Accumulated Depreciation Machine 91,600 Machine 125,100 Cash 16,500
Given that Diaz Company owns a machine that cost $125,100 and has accumulated depreciation of $91,600. To prepare the entry to record the disposal of the machine on January 1 in each separate situation, follow the steps below:
Situation 1: The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in return. In this case, since there is no cash received, the debit will go to the machine account and the accumulated depreciation account, and the credit will go to the loss account. So, the journal entry will be as follows:
Accumulated Depreciation Machine; 91,600
Machine; 125,100
Loss on Disposal Machine; 33,500
Cash; 0
Here, the amount credited to loss is $33,500 which is calculated as follows: $125,100 - $91,600 = $33,500
So, the machine was disposed of by crediting the machine account with $125,100, debiting the accumulated depreciation account with $91,600 and crediting the loss on disposal account with $33,500.
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What is the incremental manufacturing cost incurred if the company increases production from 27,500 to 27,501 units? what is the incremental cost incurred if the company increases production and sales from 27,500 to 27,501 units? assume that kubin company produced 27,500 units and expects to sell 27,160 of them. If a new customer unexpectedly emerges and expresses interest in buying the 340 extra units that have been produced by the company and that would otherwise remain unsold, what is the incremental manufacturing cost per unit incurred to sell these units to the customer? assume that kubin company produced 27,500 units and expects to sell 27,160 of them. If a new customer unexpectedly emerges and expresses interest in buying the 340 extra units that have been produced by the company and that would otherwise remain unsold, what incremental selling and administrative cost per unit is incurred to sell these units to the customer?
The incremental manufacturing cost incurred if the company increases production from 27,500 to 27,501 units will depend on the nature of the manufacturing process and the cost structure of the company. Without additional information, it is impossible to provide an accurate estimate of the incremental cost.
What are the other consequences if the incremental cost is incurred?Similarly, the incremental cost incurred if the company increases production and sales from 27,500 to 27,501 units will depend on the selling price of the product and the cost structure of the company. Without additional information, it is impossible to provide an accurate estimate of the incremental cost.
Assuming that the cost structure of the company remains constant and the additional units are sold to the new customer, the incremental manufacturing cost per unit incurred to sell these units to the customer is the cost of producing one additional unit. This cost may include direct material, direct labor, and variable manufacturing overhead costs. For example, if the cost of producing one additional unit is $10, then the incremental manufacturing cost per unit incurred to sell these units to the customer is $10.
The incremental selling and administrative cost per unit incurred to sell these units to the customer will depend on the nature of the selling and administrative activities involved in the sale. This cost may include marketing costs, sales commissions, and shipping costs. Without additional information, it is impossible to provide an accurate estimate of the incremental selling and administrative cost per unit.
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ACT of the Mpumi bottle Manufacturing case study.
A machine receives plastic pellets and warms them to a very high temperature, turning them into a thick liquid.
How are seamless plastic bottles made? Can you describe the procedure with clear diagrams?Production of hollow plastic objects is accomplished by the injection blow moulding (IBM) method. Injection blow moulding is generally completed in three steps. To create a preform partner, melted plastic is first pumped into a mould cavity.
How much does it cost to produce PET bottles?A capital investment of approximately Rs. 84,45,000/- is required for the development of a PET bottle manufacturing facility with a capacity of 51,90,000 bottles per year.
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If there is always a three-for-one tradeoff between goods X and Y, then the PPF between X and Y is:_______
a. a downward-sloping curve that is bowed outward.
b. a downward-sloping curve that is bowed inward.
c. a downward-sloping straight line.
d. an upward-sloping straight line.
Answer:
c. a downward-sloping straight line.
Explanation:
In case when there is a three for one tradeoff lies between the X goods and Y goods so the curve of PPF should be fall sloping contains straight line. This slope should be downward as it generated more and more of one goods and it could be sacrificed for the other good and the reason of the straight line is that here the opportunity cost would remain the same or constant
Therefore in the given case, the correct option is C.
A straight line, downward - sloping demand curve often mean that, as price falls, there is an elasticity of demand. If there is always a three-for-one tradeoff between goods X and Y, then the PPF between X and Y is a Downward-sloping straight line.
Trade-off is simply known as a situational decision. It is simply the reduction of one quality, quantity, or property so as to get gains in other areas.It is simply known as where one thing increases, another have to decrease. it often arise from limitations of a lot of source.
It is often called a tactical or strategic choice made with full knowledge of the advantages and disadvantages of each decision.
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Multiple Choice
Which of the following illustrates why corn was such a precious commodity to Native Americans?
The kernels were easy to transport.
It was easy to plant and grew quickly.
o One kernel could produce one to two ears.
It could be grown in any type of soil.
Fredo, Inc. , purchased 10% of Sonny Enterprises for $1,000,000 on January 1, 2021. Sonny recognized a total of $360,000 net income during 2021, paid $26,000 of dividends to Fredo during 2021, and at December 31, 2021, the market value of the Sonny investment increased to $1,036,000. Required: Prepare the journal entries necessary to account for the Sonny investment, assuming that Fredo (1) does not have significant influence or (2) does have significant influence over the operating and financial policies of the investee
The journal entries necessary to account for the Sonny investment are given below:
(1). Assuming Fredo does not have significant influence over Sonny Enterprises:
January 1, 2021
To record the purchase of the investment in Sonny Enterprises:
Investment in Sonny Enterprises dr. $1,000,000
To Cash $1,000,000
December 31, 2021
To record Fredo's share of net income recognized by Sonny Enterprises in 2021:
Investment in Sonny Enterprises dr. $36,000
To Equity income from Sonny Enterprises $36,000
December 31, 2021
To record dividends received from Sonny Enterprises in 2021:
Cash dr. $26,000
To Investment in Sonny Enterprises $26,000
December 31, 2021
To record the increase in market value of the investment in Sonny Enterprises:
Investment in Sonny Enterprises dr. $36,000
To Unrealized gain on investment in Sonny Enterprises $36,000
(2). Assuming Fredo does have significant influence over Sonny Enterprises:
January 1, 2021
To record the purchase of the investment in Sonny Enterprises:
Investment in Sonny Enterprises dr. $1,000,000
To Cash $1,000,000
December 31, 2021
To record Fredo's share of net income recognized by Sonny Enterprises in 2021, assuming significant influence:
Investment in Sonny Enterprises dr. $72,000
To Equity income from Sonny Enterprises $72,000
December 31, 2021
To record dividends received from Sonny Enterprises in 2021:
Cash dr. $26,000
To Investment in Sonny Enterprises $26,000
December 31, 2021
To record the increase in market value of the investment in Sonny Enterprises:
Investment in Sonny Enterprises dr. $36,000
To Unrealized gain on investment in Sonny Enterprises $36,000
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What is the difference between traditional manufacturing and a cottage
industry?
A. Manufacturing is done on a lower scale.
B. Manufactured products are better quality.
C. Manufactured items are worth more.
D. Manufacturing is done on a larger scale.
SUBMIT
Answer:
its a D
Explanation:
The difference between traditional manufacturing and a cottage industry is manufacturing is done on a larger scale. Thus, option D is correct.
What is cottage industry?A cottage industry is a small manufacturing company run by an individual or family, usually from their house rather than a specially constructed facility. The minimal expenditure needed to launch a cottage industry serves as its defining characteristic.
They frequently concentrate on making labor-intensive goods but have a tough time competing with manufacturers of mass-produced goods who operate factories. The original cottage industries in the U.S. and Europe were light manufacturing businesses that performed subcontracted work in shoemaking, minor metal machine components, textile or garment production, or stitching. These small-scale companies frequently used raw materials provided by the contract supplier to make final goods.
Therefore, we can conclude that option D is correct.
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Brink presents an alternative approach to estimate VaR for Fund Y. Fund Y has assets of USD 213 million. Brink's Historical VaR analysis indicates that Fund Y's average monthly return over the past 10 years is 1.16% with a monthly standard deviation of 2.51%. The 10 worst monthly returns during that period are shown in the Table 1 Table 1: Ten Worst Monthly Returns for Fund Y over the Past 10 Years Jul 2008 Aug Sep Sep Sep Dec Jun 2009 Oct Jun 2011 Aug 2008 2009 2011 2013 2008 2013 111.56% -10.87% -9.53% 8.47% 7.24% 6.92% 5.37% 4.71% -3.98% -2.72% 2008 13. Calculate the 5% monthly VaR (in %) for Fund Y using the analytical method. (2 Marks) a. -3.21% b. -2.98% c. -2.54% d. -4.68% 14. Calculate the 5% monthly VaR (in USD) for Fund Y using the analytical method. (2 Marks) a. -6.35 million b. -9.99 million c. -14.74 million d. -15.42 million 15. Calculate the 5% monthly VaR (in %) for Fund Y using the historical method. (2 Marks) a. -8.47% b. -7.24% c. -6.92% d. -5.37% 16. Calculate the 5% monthly VaR (in USD) for Fund Y using the historical method. Marks) a. -18.04 million b.-15.42 million c.-14.74 million d. -11.44 million
The borrower's payment for February 2007 was 30 credit limit days overdue. In February 2007, the borrower is 30 days late with the credit payments; otherwise, they are made on time. Paying for whatever you've bought with your credit card.
We also accept credit cards for mail-in or online orders. It's possible that your supplier will find themselves "in credit" with you if you pay your energy bill via direct debit, which means that they owe you money.
When using a Visa card to make a transaction, the user consents to repay the bank later; hence, the card is considered a form of credit. Credit can be given in cash or in other ways.
A unique The weight of chocolate chips in an 18-ounce package falls in the 27th percentile. Ahoy! chip cookies contain 190 chocolate chips.The middle 97% of X are found between the 1.5th percentile and the 98.5th percentile.
The "NORM.S.INV" function in Excel allows us to
The associated z-score for the 1.5th percentile is -2.17.
The z-score that represents the 98.5th percentile is 2.17. The X value for the 1.5th percentile is therefore X=p+zoX = 1262 + (-2.17 x 118)X 1006
And X=u+ zoX = 1262 + (2.17 x 118)X 1518 is the result that corresponds to the 98.5th percentile. The 1006 to 1518 chocolate chips that make up the middle 97% of a bag of chips Ahoy! constitute the bag's total chocolate chip content.
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Murry created a $1 million trust that provided his brother with an income interest for 10 years, after which the remainder interest passes to Murry's sister. Murry retained the power to revoke the remainder interest at any time. The income interest was valued at $600,000.
a The remainder interest is:
b a gift of present interest.
c a gift of a future interest.
d not a completed gift.
Murry retained the power to revoke the remainder interest at any time. The remainder interest is not a completed gift, option D.
The person who inherits or is eligible to inherit property after the life estate of the previous owner expires is referred to as a remainderman in property law.
An arrangement known as a life estate is one in which a person's ownership of real estate lasts for the rest of their life before being returned to the original owner or another party. The remainderman is the individual to whom property ownership is passed.
A remainderman receives the principle that is still in the trust in a trust account. However, this transaction won't take place until all necessary payments, such those for expenditures, have been completed.
Because the donor retains the right to revoke the residual interest, it is not a fully completed gift. The grantor must give up all authority and control over the transferred property for the gift to be considered complete. In general, a gift is not considered full if there is any remaining right to cancel it or modify how it is used. If a transfer into trust is irreversible and the grantor has no remaining control over the trust, the transfer may qualify as a full gift.
A gift that is not complete is not subject to gift tax.
Regulation Section 25.2511-2(b)
4331.01
4331.02
4331.03
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01-024 - Definition of a Data Set
A dataset is a collection of data that has been structured and prepared in a specified way, typically for study or research. A dataset can be organized or unstructured, and it can contain a range of data kinds such as numerical, category, or textual data.
A dataset should, in general, be large enough to be statistically significant and representative of the topic being examined. It should also be thoroughly curated and cleansed to guarantee accuracy, consistency, and the absence of mistakes or biases.
Datasets are available from a range of sources, including public repositories, government organizations, academic institutions, and commercial businesses. They are useful for a variety of tasks such as predictive modeling, data mining, machine learning, and statistical analysis.
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(This class is called life management)
A basic decision that you make every day about every day things are known as:
A) Major Decisions
B) Routine Decisions
C) Classic Decisions
D) Life altering decisions
Answer:
B is answers for the question
Explanation:
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which one of the following is a correct ranking of securities based on their volatility over the period of 1926 to 2017? rank from highest to lowest volatility.
In order of highest to lowest volatility, small business stocks, long-term corporate bonds, large company stocks, and long-term government bonds represent a real ranking of securities from 1926 to 2017. Here option B is the correct answer.
Small company stocks have historically exhibited the highest level of volatility among the listed securities. This is because small companies are generally riskier than large companies and are more susceptible to market fluctuations. Long-term corporate bonds are next in line in terms of volatility due to their relatively long maturity and sensitivity to changes in interest rates.
Large company stocks are less volatile than small company stocks because they are typically more stable and have a wider economic moat. Lastly, long-term government bonds are the least volatile due to their high credit quality and lower risk profile.
It's important to note that past performance is not a guarantee of future results and that these rankings are based on historical data. Investors should always do their own research and analysis before making any investment decisions. Additionally, diversification across different asset classes and industries can help mitigate risk and improve overall portfolio performance.
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Complete question:
Which of the following represents a correct ranking of securities based on their volatility over the period of 1926 to 2017, from highest to lowest volatility?
A) Long-term corporate bonds, small company stocks, large company stocks, and long-term government bonds.
B) Small company stocks, long-term corporate bonds, large company stocks, and long-term government bonds.
C) Small company stocks, long-term government bonds, large company stocks, and long-term corporate bonds.
D) Long-term corporate bonds, large company stocks, small company stocks, and long-term government bonds.
How Woolworths lessen its impact on the environment
Woolworths lessen its impact on the environment b saying that we can lower the amount of waste that humans do send to landfill, an also recycling what we are able to recycle and also the use of recyclable materials where we can.
What is Woolworths said to be doing to be sustainable?He stated that man is said to be committed to cultivating greener environment every day and this act to reduce emissions, remove food waste, lower plastic and also handles the issue of sourcing responsibly.
He stated that they were proud to share the journey about their sustainability journey with all , due to the various steps that they all take to create a better tomorrow for all future generations.
Hence, Woolworths lessen its impact on the environment b saying that we can lower the amount of waste that humans do send to landfill, an also recycling what we are able to recycle and also the use of recyclable materials where we can.
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14. Fine Exporters Limited, a leading exporter from Ahmedabad, exports ready made cotton garments to
European market regularly. The factory received an order to deliver an order worth Rs. 25,00,000 within
4 weeks to a client based in Germany. Unfortunately there is acute power crisis in the city and so the fac-
tory faces several power cuts during the day. The owners of the business promptly invest in a generator
to overcome this problem by incurring a heavy expenditure of Rs.2,00,000. Due to this, despite the power
cuts, the business is able to deliver its order to the German client on time.
What does this highlight?
It highlights sunk cost which is a previously incurred expense that cannot be recovered.
A sunk cost is a previously incurred expense that cannot be recovered. These costs should not be considered in decision-making. A sunk cost varies from future costs that a company may face, such as inventory purchase costs or product pricing decisions. Sunk costs are exempted from future company choices as they will remain constant regardless of decision outcome. A manufacturing company, for example, might have a number of sunk costs, such as the expense of machinery and equipment, as well as the cost of factory lease. Institutions should only take into consideration the following costs when making financial decisions, which include future costs that must still be incurred.
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According to the video, what products were made by Biomedical Engineers?
imaging systems
prescription drugs
artificial limbs
lasers for surgery
naturopathic
Answer:
Imaging systems
artificial limbs
lasers for surgery
Explanation:
I just did the assignment
Answer:
→imaging systems←
→artificial limbs←
→lasers for surgery←
( 1, 3, and 4)
Explanation:
Doing the Assignment, but I hope this helps
The person above is correct so all credit to them↑↑
What could be the career fallout for someone who is unwilling or unable to train to become a better communicator? Can workers today be successful if their writing is and remains poor?
Answer:
No, workers today cannot be successful when their writings are poor.
Explanation:
Proper communication skills and good writing skills is very important for somebody to achieve success in their life and it should be learned by people.
A person who does not want to undergo any training for good communication skills will be at big disadvantage because :
--- it will affect the career growth adversely.
--- the person will not be considered competitive and will not be preferred by the management.
--- there will be communication gap and he will not be able to communicate and express himself to others.
--- they will face a great deal of obstruction and improper communication can lead to big mistakes.
Workers or professional cannot be successful in their career if their writing skills are poor because :
--- they will not be able to prepare any reports or write any emails to their colleagues and to their seniors.
--- Instruction given to others in the organisation can be misleading and ambiguous if the workers are not able to properly communicate the written instructions.
Between the writer and the reader, clear messages help to develop trust and integrity. People should learn proper communication and writing abilities if they want to attain success in their lives.
A person who refuses to receive training in effective communication skills will be at a significant disadvantage because:
It will have a negative impact on job advancement.The person will not be regarded as competitive, and management will not favor them.He will be unable to speak and convey himself to others due to a communication gap.They will confront a significant deal of resistance, and a lack of communication can lead to major blunders.Workers and professionals cannot succeed in their careers if they have weak writing abilities because:
They will be unable to create any reports or send any emails to their coworkers or superiors.Written instructions given to others in the organization can be deceptive and confusing if the workers are unable to effectively express them.For more information regarding better communication, refer to the link:
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if the production possibilities frontier shown is for 24 hours of production, then how long does it take brazil to make one pound of peanuts? a. 1/3 hour b. 1/10 hour c. 10 hours d. 3 hours
A PPF shows maximum combination of two goods that a country can produce with its given resources. Brazil can produce eight pounds of peanuts in 24 hours of production. So it would take 3 hours to make one pound of peanuts, correct answer is option d
Now, to determine how long it takes Brazil to make one pound of peanuts, we need to look at the slope of the PPF. The slope of the PPF represents the opportunity cost of producing one good in terms of the other. In other words, if Brazil wants to produce more peanuts, it has to give up some soybeans, and vice versa.
Looking at the graph, we can see that the slope of the PPF is steeper for peanuts than for soybeans. This means that the opportunity cost of producing peanuts is higher than the opportunity cost of producing soybeans. In other words, Brazil has to give up more soybeans to produce one pound of peanuts than it would have to give up to produce one pound of soybeans.
The answer choices given are all in terms of hours, so we can eliminate options b and c. Option a, 1/3 hour, is too low because it implies that Brazil can produce three pounds of peanuts in one hour, which is not possible given the PPF. Therefore, the correct answer is d.
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Unemploym substitution of new goods for customary ones, is known as: a. frictional unemployment. b. structural unemployment. c. seasonal unemployment. d. cyclical unemployment. e. underemployment
Unemployment substitution of new goods for customary ones is known as: b. structural unemployment.
Unemployment substitution refers to the phenomenon where consumers switch to alternative goods or services due to changes in their preferences or income levels. This can lead to a decrease in demand for certain industries or job types, resulting in structural unemployment. Customary unemployment is not a commonly used term, but it may refer to situations where certain industries or jobs have historically been associated with a particular region or culture but are no longer in demand.
Structural unemployment occurs when there is a mismatch between the skills of the workforce and the skills required by employers, often due to technological advancements or changes in the economy. This leads to a situation where some workers are unable to find jobs that match their skills, while new jobs are created that require different skills. In this case, the substitution of new goods for customary ones represents the changing economic landscape that contributes to structural unemployment.
Structural unemployment can be more long-term and requires structural changes in the economy, such as investing in education and training programs or promoting the growth of emerging industries, to create new job opportunities.
The correct answer is (b) structural unemployment.
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For those brave enough to act effectively now to stabilise and protect your business and maintain liquidity, opportunity will come." Explain whether the Statement of Cash Flows is able to illustrate the ‘liquidity' of an entity to its users and provide ONE recommendation how companies can maintain liquidity during this pandemic.
Answer:
1. Yes. Cash flows are able to illustrate liquidity.
2. Recommendations
a. Reducing levels of Inventory.
b. Negotiating Longer credit settlement period with suppliers.
Explanation:
One of the uses of a Cash flow Statement is its use in negotiating loans with bank and other lenders. Of interest to these parties is the liquidity of the entity.
Liquidity is the ability of an entity to honor its short-term obligations using its current assets. Liquidity is reflected in the Cash flow from Operating Activities of the Cash flow Statement.
Recommendation
Companies can maintain liquidity through reducing levels of inventory. Inventory ties up cash. Negotiating longer credit settlement period with suppliers can also increase liquidity.
Running Company had the following information for the month of June: Work in process beginning inventory, June 1 Units transferred in Work in process ending inventory, June 30 3,100 units 15,700 units 3,900 units Beginning work-in-process inventory is 30 percent complete as to conversion. Ending work-in-process inventory is 50 percent complete as to conversion. Materials are added at the end of the process. The equivalent units for materials under the weighted-average method are calculated to be:
The equivalent units for materials under the weighted-average method are 18,300 units.
To calculate the equivalent units for materials using the weighted-average method, we need to consider the units started and completed during the period, as well as the units in ending work-in-process inventory.
The calculation involves two steps:
Step 1: Calculate the equivalent units for units completed.
Units completed = Units transferred in - Work in process ending inventory
Units completed = 15,700 units - 3,900 units
Units completed = 11,800 units
Step 2: Calculate the equivalent units for units in ending work-in-process inventory.
Equivalent units for ending work-in-process inventory = Ending work-in-process inventory * Percentage complete
Equivalent units for ending work-in-process inventory = 3,900 units * 50% (0.50)
Equivalent units for ending work-in-process inventory = 1,950 units
Total equivalent units for materials = Units completed + Equivalent units for ending work-in-process inventory
Total equivalent units for materials = 11,800 units + 1,950 units
Total equivalent units for materials = 13,750 units
However, since materials are added at the end of the process, we need to add the units in beginning work-in-process inventory.
Equivalent units for materials = Total equivalent units for materials + Work in process beginning inventory
Equivalent units for materials = 13,750 units + 3,100 units
Equivalent units for materials = 16,850 units
Therefore, the equivalent units for materials under the weighted-average method are 18,300 units.
The equivalent units for materials under the weighted-average method for the given information are calculated to be 18,300 units. This calculation takes into account the units completed, the units in ending work-in-process inventory, and the units in beginning work-in-process inventory.
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which assest is the least liquid
Answer:
Land, real estate, or buildings are considered among the least liquid assets because it could take weeks or months to sell them.
It is the journey and not the destination that counts? is this a growth or fixed mindset?
Question 9 of 10
3 Points
Suppose a merchant in a moneyless economy traded his goods for a large
amount of purple fabric. He intended to use the fabric to trade for other
goods in another location. While he traveled to the other marketplace,
however, a trade ship arrived with a large shipment of purple fabric. As a
result, the merchant was only able to trade his fabric for about half of what he
had expected it to be worth in return. This situation illustrates the need for
what aspect of the purpose of money?
A. Preservation of value
B. Unit of measure
C.Ease of exchange
D.Government endorsement
I NEED HELP PLEASE!!
Answer:
Preservation of value
Explanation:
One of the advantages of money over trade by barter or any other moneyless transaction is the time value of money.
Time value of money can be explained as the ability of money to preserve its value and even increase in nearest future due to its potential earning capacity.
It can be inferred from the given scenario that the purples fabrics has lost a significant value due to the surplus of supply in the market place as it could no longer achieve the original worth.
Answer:
A) Preservation of value!
Explanation:
This means preserving a value, the cost of things at one point and another, you want to preserve that value in order to get the most out of your payment.
A trader goes short twelve SPI200 contracts at 6422 and then
shorts 5 more contracts at 6415 before purchasing 19 contracts at
6417. How much profit or loss does the trader make on this trade?
Given that the trader goes short twelve SPI200 contracts at 6422 and shorts five more contracts at 6415 before purchasing 19 contracts at 6417. Let us calculate the profit or loss made by the trader on this trade : In the given problem, a trader goes short twelve SPI200 contract at 6422 and then shorts 5 more contracts at 6415 before purchasing 19 contracts at 6417.
To calculate the profit or loss of the trader, we have to use the formula: Profit or Loss = Number of Contracts * Contract Size * (Sell Price – Buy Price)Let’s consider the three transactions separately:In the first transaction, the trader goes short twelve SPI200 contracts at 6422.Sell price of each contract = 6422Number of contracts = 12Contract size = $25 per pointHence, the sell value is:Sell value of twelve contracts = 12 * 25 * 6422 = $1,928,400In the second transaction, the trader shorts 5 more contracts at 6415.
Sell price of each contract = 6415Number of contracts = 5Contract size = $25 per pointHence, the sell value is:
Sell value of five contracts = 5 * 25 * 6415 = $802,375In the third transaction, the trader purchases 19 contracts at 6417.Buy price of each contract = 6417Number of contracts = 19Contract size = $25 per pointHence, the buy value is:Buy value of \(nineteen contracts = 19 * 25 * 6417 = $3,052,925\)Total sell value = 1,928,400 + 802,375 = $2,730,775Total buy value = 3,052,925Total profit or loss = Sell Value – Buy Value= $2,730,775 – $3,052,925= –$322,150The total profit or loss made by the trader is –$322,150. Therefore, the trader has incurred a loss of $322,150 on this trade.
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What are three elements of negligence?
Actual Harm
Breach of duty
State of mind
Duty of care
Proximate cause
Motive
Answer:
actual harm
breach of duty
duty to act
suppose it costs both mcdonald’s and wendy’s $3 (cogs) per their value meal offerings, each sold at the same price of $4. assume that the cost of inventory for both companies is 30 percent a year. approximately how much does mcdonald’s save in inventory cost per value meal compared to that of wendy’s? you may assume that inventory turns are independent of the price.
$ 0.0222 per unit is the inventory that turns independent of the price.
Inventory
Inventory, often known as stock, refers to the items and supplies that a company keeps for the purpose of resale, manufacturing, or use. Inventory management is largely concerned with establishing the shape and positioning of stocked products.
McDonalds Inventory: $129.40 Revenue: $17,140.50 COGS: $11943,70 Gross Profit: $5,196.80
Wendy's Inventory: $54.40 Revenue: $3148.90 COGS: $1534.60 Gross Profit: $1513.40
Inventory Turnover Ratio = COGS/Inventory
McDonalds = 11943.70 / 129.40 = 92.30
Wendy = 1534.60 / 54.4 = 28.21
Holding Cost for one unit
McDonalds = 0.3 \(\times\) $ 3 \(\times\) 1/92.3 = $ 0.0097
Wendy = 0.3 \(\times\) $ 3 \(\times\) 1/28.21 = $ 0.0319
Higher for Wendy = .0319 -.0097 = $ 0.0222 per unit
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Check all of the perks a job might offer as incentives for potential applicants
A) gym membership
B) 401k investment plans
C) health benefits
D) child care services
Answer:C,D
Explanation:
nadine would like to improve the management of inventory in her company. one of her first activities should be to:
Nadine can take a number of steps to improve the management of inventory in her company such as reviewing current inventory management processes, introducing new software, reviewing the company's purchasing policies and procedures, etc.
One of her first activities should be to conduct a thorough review of the current inventory management processes in place. This will help her to identify any inefficiencies or weaknesses in the system, and to understand where improvements can be made.
Once she has a good understanding of the current situation, Nadine can start to implement changes. This may involve introducing new software or systems to help track inventory levels and orders, or providing training to staff on best practices for managing inventory.
She may also need to review the company's purchasing policies and procedures to ensure that they are optimized for effective inventory management. Ultimately, the key to the successful management of inventory is to maintain accurate, up-to-date records of all inventory levels and movements.
This will help to prevent stock shortages or overstocking and ensure that the company has the right products on hand to meet customer demand. By taking a proactive approach to inventory management, Nadine can help her company to operate more efficiently and effectively, improving both its bottom line and its reputation among customers.
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