Marvel Media, LLC, has three members: WLKT Partners, Madison Sanders, and Observer Newspaper, LLC. On January 1, 2016, the three members had equity of $200,000, $40,000, and $160,000, respectively. WLKT Partners contributed an additional $50,000 to Marvel Media, LLC, on June 1, 2016. Madison Sanders received an annual salary allowance of $55,000 during 2016. The members' equity accounts are also credited with 10% interest on each member's January 1 capital balance. Any remaining income is to be shared in the ratio of 4:3:3 among the three members. The net income for Marvel Media, LLC, for 2016 was $360,000. Amounts equal to the salary and interest allowances were withdrawn by the members. Required: A. Determine the division of income among the three members. B. Prepare the journal entries to close the net income and withdrawals to the individual member equity accounts. Refer to the Chart of Accounts for exact wording of account titles. C. Prepare a statement of members' equity for 2016.

Oceanic crust is frequently pushed into the mantle near convergent plate borders, where it starts to melt. Granite, the rock that forms the continents, is formed when magma rises into and through the other plate.

Therefore, at convergent boundaries, oceanic and continental crust are annihilated. At convergent borders, the oceanic lithosphere is recycled into the Earth's mantle through the geological process of subduction. Where a tectonic plate's oceanic lithosphere meets another plate's less dense lithosphere, the heavier plate falls beneath the second plate and into the mantle. A subduction zone is the location where this process takes place, and an arc-trench complex is where it manifests itself on the surface. Most of the continental crust on Earth was formed during subduction. The average rate of convergence at most plate borders is between two and eight millimeters per year, with rates of subduction commonly recorded in centimeters per year.

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A rising GDP and a falling unemployment rate are most likely indicators that an economy is in the expansion phase of the business cycle.

During the expansion phase, the economy experiences an increase in economic activity and employment opportunities, resulting in a rise in GDP and a decline in unemployment rate. This phase is typically characterized by increased consumer and business spending, rising stock prices, and increasing confidence in the economy. The expansion phase is usually followed by the peak, recession, and trough phases in the business cycle.

The business cycle refers to the fluctuation of economic activity in an economy over time. It is typically characterized by alternating periods of expansion and contraction, with the peak, recession, and trough phases in between. Various factors contribute to the business cycle, including consumer spending, business investment, and government policies.

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Option (b), The salesperson is one of the most crucial in-store elements. The exchange theory, which emphasizes that each participant provides to the other and anticipates receiving something in return, can be used to explain this influence.

According to the social exchange hypothesis, two people's relationships grow as a result of a process of cost-benefit analysis. In other words, it's a statistic designed to measure the amount of effort a person expends during a face-to-face conversation.

The basic tenet of the theory of social trade is the concept of costs and benefits. This suggests that people's decisions and behaviors are influenced by their estimations of cost and reward. Costs are the unfavorable outcomes of a decision, including time, money, and energy. Social interactions produce benefits, which are rewards.

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Regarding the utilisation of delivery equipment, Robinson Furniture Co. executed the following transactions: bought a used truck, paid for maintenance and repairs, recorded depreciation, bought a new truck, sold the used truck.

To represent the expense in the income statement and the decline in the fixed asset's value on the balance sheet, an adjusting entry for depreciation expense is a journal entry made at the end of the period.

Debiting the Depreciation Expense account and crediting the Accumulated Depreciation account is the fundamental journal entry for depreciation (which appears in the balance sheet as a contra account that reduces the amount of fixed assets).

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The correct answer is d. The short-run Phillips curve will shift downward. The natural rate of unemployment represents the level of unemployment that exists when the economy is at full employment and there is no upward or downward pressure on prices.

When the actual rate of unemployment is below the natural rate, it indicates that the economy is operating above full employment, which typically leads to increased inflationary pressures. In the short run, this will cause the Phillips curve to shift downward, as there is a tradeoff between inflation and unemployment. However, in the long run, the economy will adjust to the higher level of inflation, and the Phillips curve will shift back to its original position.

This is because when the actual rate of unemployment is below the natural rate, it indicates that the economy is experiencing a higher demand for goods and services, which results in increased production and higher prices. This situation leads to an increase in inflation.

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Affective commitment encompasses loyalty and a deep concern for an organization's welfare.

Affective commitment refers to a psychological attachment and emotional connection an individual develops towards an organization. It goes beyond mere job satisfaction and encompasses loyalty and a deep concern for the organization's welfare. Employees with high affective commitment feel a strong sense of belonging and identification with the organization's values, goals, and mission.

They are genuinely dedicated and willing to invest their time, effort, and energy to contribute to the organization's success. Affective commitment is driven by positive emotions, trust, and a belief in the organization's purpose, fostering long-term engagement, dedication, and a desire to support the organization through thick and thin.

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To examine the weekly payroll of all employees, one would look at the: d. payroll register.

The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.

A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.

Options:

a. W-4

b. employee earnings record

c. W-2

d. payroll register.

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Explanation:

Product promotion is the act of advertising a good or service with the goal of increasing sales. Many companies use different techniques to promote their products through a vast array of communication media.

The nominal interest rate and the real interest rate are calculated as follows.

Nominal interest rate = (Ending balance − Beginning balance) / Beginning balance * 100

Nominal interest rate = (2100 − 2000) / 2000 * 100

Nominal interest rate = 5%Real interest rate = (1 + Nominal interest rate) / (1 + Inflation rate) − 1Inflation rate = (204 − 200) / 200 * 100Inflation rate = 2%

Real interest rate = (1 + 5%) / (1 + 2%) − 1Real interest rate = 2.93%Therefore, the nominal interest rate is 5% and the real interest rate is 2.93%.

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The positive growth rate of the Real Gross Domestic Product (RGDP), which accounts for inflation, does not necessarily indicate the actual economic well-being of society.

While a positive Real Gross Domestic Product (RGDP) growth rate signifies an expanding economy, it alone does not provide a complete picture of the overall well-being of society. RGDP measures the value of goods and services produced, but it does not account for factors such as income distribution, quality of life, environmental sustainability, and social welfare.

Inequality within society can exist even during periods of RGDP growth. If the benefits of economic growth are concentrated in the hands of a few, while the majority of the population experiences stagnant or declining incomes, the overall well-being of society may not improve significantly. Similarly, RGDP growth does not reflect the quality of life, as it does not consider aspects such as access to healthcare, education, housing, and social services.

Additionally, RGDP growth can come at the expense of environmental degradation. Economic activities that harm the environment, such as pollution and depletion of natural resources, may contribute to RGDP growth but negatively impact the long-term well-being of society.

While positive RGDP growth is generally indicative of economic expansion, it does not capture the complete picture of societal well-being. A more comprehensive assessment of the financial well-being of society should consider income distribution, quality of life indicators, and environmental sustainability alongside RGDP.

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The manufacturer would be indifferent between manufacturers' representatives and an internal sales force at a sales volume of approximately $29,285,714.29. The savings achieved by switching to an internal sales force at double the breakeven volume can be calculated using the provided cost estimates.

To determine the sales volume at which the manufacturer would be indifferent between manufacturers' representatives and an internal sales force, we need to equate the costs of both options.

For the manufacturers' representatives:

Total cost = Commission + Fixed costs

Total cost = 7.9% of sales + $645,000

For the internal sales force:

Total cost = Commission + Fixed costs

Total cost = 3.0% of sales + $2,080,000

To find the sales volume, we set the total costs of both options equal to each other:

7.9% of sales + $645,000 = 3.0% of sales + $2,080,000

Subtracting 3.0% of sales from both sides gives:

4.9% of sales + $645,000 = $2,080,000

Subtracting $645,000 from both sides gives:

4.9% of sales = $2,080,000 - $645,000

4.9% of sales = $1,435,000

Dividing both sides by 4.9% gives:

sales = $1,435,000 / 4.9%

sales ≈ $29,285,714.29

Therefore, the manufacturer would be indifferent between manufacturers' representatives and an internal sales force at a sales volume of approximately $29,285,714.29.

For the second question, we need to find the savings achieved by switching to an internal sales force at double the breakeven volume.

Assuming the breakeven volume is the sales volume at which the manufacturer would be indifferent, which is $29,285,714.29, we can calculate the savings.

Savings = Total cost with manufacturers' reps - Total cost with internal sales force

Savings = (8.8% of sales + $600,000) - (3.3% of sales + $1,750,000)

At the breakeven volume, the sales would be $29,285,714.29:

Savings = (8.8% of $29,285,714.29 + $600,000) - (3.3% of $29,285,714.29 + $1,750,000)

Calculating this equation will give the amount saved by switching to an internal sales force.

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Explanation:

Vermicomposting pits are mainly used by farmers. These farmers dig a large hole that serves the purpose of burying worms and organic waste material. Pits made for vermicomposting are usually 1 m deep and 1.5 ms wide.

The price variance is -$104,250. Since the actual price paid is lower than the standard price per pound, we have an unfavorable or negative price variance.

To calculate the price variance, we need to compare the actual price paid per pound of material with the standard price per pound.

Standard price per pound = $25

Actual price paid = $14,000

Actual pounds purchased = 4,730

First, we calculate the standard cost of the pounds purchased:

Standard cost = Standard price per pound * Actual pounds purchased

Standard cost = $25/pound * 4,730 pounds

Standard cost = $118,250

Next, we calculate the price variance:

Price variance = Actual cost - Standard cost

Price variance = Actual price paid - (Standard price per pound * Actual pounds purchased)

Price variance = $14,000 - ($25/pound * 4,730 pounds)

Price variance = $14,000 - $118,250

Price variance = -$104,250

The price variance is -$104,250. Since the actual price paid is lower than the standard price per pound, we have an unfavorable or negative price variance. This indicates that the company paid less than expected for the materials, resulting in potential cost savings.

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The state in the country has the highest percent of their credit economy with subprime credit scores is: Wisconsin.

Credit economy can be defined as the  way in the money is the means of exchange in an economy as people sell goods in exchange for money.

Based on this  Wisconsin has the highest percentage of their credit economy with subprime credit score followed by Vermont and then Washington.

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Answer:

1. Gen X 41-56years

2. Silent Gen reduced debt by 4.6%

3.Baby boomers increased by 0.3% from 2019 to 2020, they had the least increase in debt

Gen X followed with 3.5% increase from 2019 to 2020 while Millenials had 11.5% increase in debt between 2019 and 2022. Even though Gen Z debt increased by 67.2%, they still have the lowest debt overall into two years.

4.Gen Z average debt $16,000

Gen X average debt $ 140,000

In 5years, it will meet up with Gen Xs level of debt

5. The silent Gen are the elderly, mostly retired and no longer taking new loans while Gen Z is the younger generating, newly exploring the world, teenagers and students, young school leavers and new work force taking loans at the slightest offer. The silent age are no longer active, they are most been taken care of and won't be taking loan facilities for any purpose. Student loan, technology etc is available and most suitable for the age range of Gen Z, hence the difference in the loan dimension.

The first phase of usability testing is preparing for the test. The final phase of usability testing is interpreting the results. Usability testing is a method of measuring how well users can use a product, website, or system.

Usability testing, also known as user testing, is an essential component of the design and development process for websites, apps, and other digital products.Usability testing is used to evaluate a product's ease of use, efficiency, effectiveness, and satisfaction by allowing real users to perform real tasks while observing their behavior. In this way, you can identify and correct any usability issues or roadblocks that are hindering user satisfaction and ultimately leading to lost revenue for your business.

Preparing for the test- The first phase of usability testing is preparing for the test. In this stage, researchers will typically develop a test plan, identify test participants, and create test scenarios. They'll also decide on the test environment and any software or hardware that will be needed to conduct the test.The final phase of usability testing is interpreting the results. After the tests have been completed, researchers will analyze the data and identify any patterns or trends. They'll then use this information to make recommendations for improvements to the product, website, or system under review.

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Based on the computation of EBIT by using reported sales of $5,070,642, $3,528,000 in cost of goods sold, $719,988 in other operating expenses, and $18,900 in depreciation, then, the Earnings Before Interest and Taxes equals to $803,754.

In accounting, an Earnings Before Interest and Taxes refers to a company's net income before income tax expense and interest expenses are deducted. The finance tool is mostly used to analyze the performance of a company's core operations without the costs of the capital structure and tax expenses impacting profit.

Also, an Earnings Before Interest and Taxes is also known as operating income because they both exclude interest expenses and taxes from their calculations.

Computation of the EBIT

EBIT = Sales - (COGS+ Expenses+Depreciation)

EBIT= $5,070,642 - ($3,528,000+$719,988+$18,900)

EBIT= $803,754.

In conclusion, the the Earnings Before Interest and Taxes equals to $803,754.

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The U.S. Environmental Protection Agency (EPA) today published the final rule to lower dangerous Nitrogen Oxide (NOx) emissions from heavy-duty vehicles.

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Explanation:

a. Net exports = Exports - Imports = $70 - $80 = -$10 b. Net investment = Investment - Depreciation = $50 - $10 = $40 c. GDP = Consumption + Investment + Government Spending + Net Exports = $200 + $50 + $60 - $10 = $300 d. Net Domestic Product = GDP - Depreciation = $300 - $10 = $290 e. National Income = Net Domestic Product + Foreign Factor Income = $290 + $10 = $300

Answer:

Secretarial and Administration

Explanation:

Business, Management, and Administration can be defined as a strategic process which typically involves controlling, directing and organizing the personnel and resources of a business in order to achieve the goals and objectives of the business firm. Thus, it provides students with the requisite knowledge and skills for the effective and efficient management of the operations of a business based on factors such as finance, administrative functions, records, and secretarial.

Hence, the career pathway which describes the two main aspects of the Business, Management, and Administration career cluster are Secretarial and Administration. These two aspects deals with office management, records and book keeping, typing of documents, etc.

Answer:

C

Explanation:

Answer:

comparative

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

For example, country A produces 10kg of beans and 5kg of rice. Country B produces 5kg of beans and 10kg of rice.  

for country A,  

opportunity cost of producing beans = 5/10 = 0.5

opportunity cost of producing rice = 10/5 = 2

for country B,  

opportunity cost of producing rice = 5/10 = 0.5

opportunity cost of producing beans = 10/5 = 2

Country A has a comparative advantage in the production of beans and country B has a comparative advantage in the production of rice

Country A should specialise in the production of beans and country B should specialise in the production of rice

Answer:

$15

Explanation:

The computation of the average fixed cost is shown below:

As we know that

Average fixed cost is

= Total fixed cost ÷ Quantity

where,

Total fixed cost is

= Total cost - total variable cost

= $1,200 - $200 × 3

= $1,200 - $600

= $600

And the quantity is 40 products

So, the average fixed cost is

= $600 ÷ 40

= $15

According to the AICPA code of professional conduct, the covered member should notify an appropriate person in the firm upon learning that another member of an attest engagement team is considering employment with the client.

What is AICPA code of professional conduct?

The American Institute of Certified Public Accountants published the AICPA Code of Professional Conduct, which is a set of codified statements outlining a CPA's ethical and professional obligations. The code outlines requirements for auditor independence, objectivity, and integrity as well as obligations to customers and coworkers and behaviors that are detrimental to the accounting profession. The code must be written, revised, and reissued by the AICPA every year on June 1. In his speech to the American Association of Public Accountants' annual meeting in 1907, Joseph Edmund Sterrett discussed the controversy and problems surrounding the creation of a code of professional conduct.

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David Polston makes a profit of $0.20 for each T-shirt sold. It's important to note that other costs, such as production overhead, marketing expenses, and any other costs associated with printing and selling the T-shirts, are not mentioned in the given information. These additional costs would need to be considered to determine the overall profitability of David's T-shirt business.

Based on the information provided, let's calculate the profit per T-shirt for David Polston: Profit per T-shirt = Selling price - Cost price

Profit per T-shirt = $15.10 - $14.90 = $0.20

Therefore, David Polston makes a profit of $0.20 for each T-shirt sold.

It's important to note that other costs, such as production overhead, marketing expenses, and any other costs associated with printing and selling the T-shirts, are not mentioned in the given information. These additional costs would need to be considered to determine the overall profitability of David's T-shirt business.

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Answer:

58

ohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

it's fake

This is fake!!! It's not even the real MrBeast!!

One way to establish and enhance your personal brand online is by maintaining a professional and active presence on social media platforms.

By creating a personal website or an online portfolio, you can showcase your skills, experience, and achievements to potential employers or clients. This platform allows you to regularly update your résumé with new accomplishments, certifications, or relevant projects, demonstrating your growth and expertise over time.

Additionally, your personal website or portfolio can serve as a hub for professional articles, blog posts, or case studies that highlight your industry knowledge and thought leadership. Sharing valuable insights and expertise through these mediums not only helps establish you as a credible professional in your field but also attracts a wider audience and increases your online visibility.

Moreover, it is crucial to ensure that your social media accounts align with the professional image you want to portray. Consistently posting relevant content, engaging with industry peers, and participating in meaningful discussions can help you build a strong network and establish yourself as a valuable contributor in your professional community. Furthermore, showcasing your involvement in conferences, workshops, or volunteering activities can enhance your reputation and demonstrate your commitment to continuous learning and personal development.

It's important to remember that hiring managers often use social media accounts to gain insights into a candidate's personality, values, and professionalism. Therefore, maintaining a positive and professional online presence is essential. Regularly reviewing your privacy settings, avoiding controversial or offensive content, and sharing content that reflects your expertise and interests can help create a favorable impression and enhance your chances of being considered for opportunities.

In summary, establishing a personal brand online through a professional website, active social media presence, and sharing valuable content allows you to showcase your skills, expertise, and accomplishments. By maintaining a positive and professional image, you can attract potential employers, clients, and opportunities while building a strong professional network within your industry.

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Answer:

Confidece, and empathy.

Explanation:

Confidence to know you will do great at your job, and empathy to know how others feel about themselves!

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Mariam’s experience in prison changed her as a person, and this can be seen through different aspects of her life. She develops from a submissive girl into a courageous woman who can stand for herself.

Mariam’s prison experience makes her mature quickly as she sees the world with a new set of eyes that offer her an insight into life she had never considered before. She learns that life can be cruel, and it is full of hardships and obstacles that one has to overcome to be successful. This knowledge strengthens her and makes her a better person.Being in prison has also taught Mariam to be patient. In prison, she learns how to live with others, and it teaches her that everyone is different, and people have different perspectives. In the end, Mariam learns to forgive herself and others, and she moves on with her life with newfound strength and vigor.

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