The cash payments made during April are $238,050. This is calculated as Opening balance + cash receipts - ending balance.
What is Cash account?Cash is the head of accounting and this represents a complete account. The management of cash is represented in the cash account in the company accounts.
The cash account balance at 1st April was $46,220, the cash receipts for the month of April needs to be added in this opening figure of cash account so the total will be $294,820. However the ending balance on 30 April was $56,770, this is the balance of cash account that is remaining at the end of the month which means the difference of the two would represent the cash payments made during the month of April.
The cash payments made during the month of April is $238,050 ($294,820 - $56,770).
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Interdependency between various segments of the hospitality industrymeans that a. each segment, to an extent, depends on another for business b. all segments are very independent and do not rely on one another at all c. when airlines lower fares, tourism slows d. tourism has little effect on other segments of the industry
The correct answer is a. Interdependency between various segments of the hospitality industry means that each segment depends on another to some extent for business.
For example, hotels depend on airlines to bring in guests, restaurants depend on hotels to refer customers, and attractions depend on tourism to attract visitors. A change in one segment can have a ripple effect on the entire industry. When airlines lower fares, tourism may slow down as people have more affordable options for travel. This in turn affects hotels, restaurants, and other hospitality businesses. Therefore, understanding the interdependence between segments of the hospitality industry is crucial for businesses to make informed decisions and adapt to changes in the market.
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If real gdp in 2005 is $8,000 billion and the price level is 125, what is nominal gdp in 2005?
If real gdp in 2005 is $8,000 billion and the price level is 125, Then the nominal GDP in 2005 is $1,000,000 billion.
The nominal GDP in 2005 can be calculated using the formula:
Nominal GDP = Real GDP × Price Level
Given that the real GDP in 2005 is $8,000 billion and the price level is 125, we can substitute these values into the formula:
Nominal GDP = $8,000 billion × 125
To calculate the nominal GDP, we multiply the real GDP by the price level:
Nominal GDP = $1,000,000 billion
In this case, the price level of 125 indicates that the overall price level has increased by 25% compared to the base year. The nominal GDP takes into account the effects of inflation by adjusting the real GDP for changes in the price level. It reflects the current dollar value of goods and services produced in a given year.
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The nominal GDP in 2005 is $1,000,000 billion or $1 trillion. Nominal GDP (Gross Domestic Product) refers to the total value of all final goods and services produced within a country's borders during a specific period, typically a year, at current market prices.
The nominal GDP in 2005 can be calculated by multiplying the real GDP by the price level.
In this case, the real GDP is given as $8,000 billion and the price level is 125. To find the nominal GDP, we multiply $8,000 billion by 125.
Nominal GDP = Real GDP * Price Level
Nominal GDP = $8,000 billion * 125
To calculate the result, we multiply $8,000 billion by 125, which gives us a nominal GDP of $1,000,000 billion or $1 trillion. In summary, the nominal GDP in 2005 is $1,000,000 billion or $1 trillion.
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1. Suppose that incomes have fallen on average, and that the state of Florida had an extremely favorable growing season for its orange crop. How would we expect that this will affect the supply curve and why? (The supply curve can remain static, the supply curve can shift to the left, we do not have enough information to say, or the supply curve will shift to the right)
Due to severe weather and a disease that affects citrus fruit, Florida's orange harvest is anticipated to fall to its lowest level since before World War II. Orange juice costs would rise as a result of this further reducing the state's already meager supply.
Where Florida is Located?Florida is a state located in the southeast region of the United States. It is bordered by the Atlantic Ocean and Bahamas to the east and southeast, Georgia to the north, Alabama to the north and northwest, the Straits of Florida to the south, and the Gulf of Mexico to the west.
The Atlantic Ocean and the Gulf of Mexico both border this state, making it unique. With approximately 21 million residents and a land size of 65,758 square miles, Florida is the 22nd-largest state in the nation by both population and area (170,310 km2).
The Miami metropolitan area, which is funded by Florida, is the state's largest metro area even though Jacksonville is the largest city in terms of area.
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Brenda is a housekeeper who is supposed to stand in the presence of her employers as a sign of respect. Given this information, it can be said that Brenda is required to show __________
Brenda is required to show deference or reverence in the presence of her employers as a sign of respect.
In certain cultural contexts or specific employment situations, there may be social or professional expectations that require individuals to demonstrate deference or respect in the presence of their employers. This can manifest in various ways, such as standing in their presence, using specific forms of address, or maintaining a certain level of formality in communication and behavior. The act of standing in the presence of employers can be seen as a symbolic gesture of respect, acknowledging their authority or position of power. By remaining standing, Brenda is essentially showing that she is ready and available to assist her employers and carry out her duties promptly.
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The Bradshaw family has $200,000 of total assets and $140,000 of liabilities. What is their net worth?
Malleable
Measurable
Maintainable
Manageable
Answer: $60,000
Explanation:
The Net worth of a person or people can be calculated by deducting their liabilities from their total assets.
The net worth of the Bradshaw family is therefore;
= 200,000 - 140,000
= $60,000
The options given are not for this question. There is a similar question which asks what the M in the Goal-setting acronym S.M.A.R.T stands for.
The answer to that is Measurable.
Law firms sometimes ask their employees to pad their billable hours or charge customers for tasks they did not perform. this is an example of ________.
There are times when law firms push their staff to increase their billable hours or bill clients for services they did not provide. An illustration of unethical behavior might be this.
What is an unethical behavior?An act that goes against what is morally right for a person, a business, a profession, or in politics is deemed unethical behavior. Additionally, it can refer to a person's actions that go against the values upheld in the neighborhood where they reside. Person acting unethically: lying to loved ones, friends, and coworkers in order to obtain dishonest gain; robbing a home or job; borrowing money from a friend and not paying it back with the intent to defraud him; maintaining an extramarital relationship; criticizing friends, family, or coworkers behind their backs; conducting personal business during work hours; manipulating expense reimbursements; and selling a property without disclosing its flaws.
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You are asked to give a presentation for a local university business class. What should you focus on first when preparing for your oral presentation
When giving an oral presentation, the focus of the presentation should be on:
An oral presentation is a speech being delivered in person to an audience verbally and in person.
As indicated above, the key components of the oral presentation are:
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During 2021, a building with a book value of $70,000 and an original cost of $300,000 was sold at a gain of $60,000. 1. How much cash did anders receive from the sale of the building? 2. How much depreciation expense was recorded on buildings during 2021? 3. What was the cost of buildings purchased by anders during 2021?
1. The cash that Anders received from the sale of the building was $130,000.
2. The depreciation expense recorded on buildings during 2021 was $45,000.
3. The purchase cost of buildings by Anders in 2021 was $280,000.
How were the numbers determined?The cash received from the sale of the building was an addition to the book value and the gain from the sale.
The depreciation expense is worked out by preparing the T-account for Accumulated Depreciation using the data on buildings.
Similarly, the cost of the buildings purchased during 2021 is a product of the T-account for Buildings.
Book value of building during 2021 = $70,000
Original cost of building = $300,000
Gain from the sale of the building = $60,000
Cash received from the sale of the building = $130,000 ($70,000 + $60,000)
T-accounts:Building
Account Titles Debit Credit
Beginning balance $400,000
Sale of a building $300,000
Purchase of building 280,000
Ending balance $380,000
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Accumulated Depreciation - Buildings
Account Titles Debit Credit
Beginning balance $285,000
Sale of a building $230,000
Depreciation Expense 45,000
Ending balance $100,000
Question Completion:2021 2020
Buildings $ 380,000 $ 400,000
Accumulated depreciation-Buildings (100,000) (285,000)
Buildings, net $ 280,000 $ 115,000
What sports have been founded by an entrepreneur?
An individual who plans, manages, and takes on the risk of a sport-related business enterprise is known as a sports entrepreneur. There are numerous instances of professional players succeeding in business after leaving sports.
The most well-known professional sport players who successfully transitioned from athletics to entrepreneurship include Payton Manning, David Beckham, John Elway, Magic Johnson, and Venus Williams, to name just a few. Many of you are familiar with his court movements. It is less typical to be aware of his entrepreneur side. However, how many companies does Shaq actually own? Even though the solution is not obvious, it is still amazing.
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The ____ is the amount earned on an investment for a given period of time.
Answer:
Investment income.
Explanation:
Investment income is income that comes from interest payments, dividends, capital gains collected upon the sale of a security or other assets, and any other profit made through an investment vehicle. Generally, individuals earn most of their total net income each year through regular employment income.
hope this helped broski =))
An investor in able inc. would like to understand able's availability of resources to pay its short-term cash requirements. this type of analysis is known as a(n):__________
An investor in able inc. would like to understand able's availability of resources to pay its short-term cash requirements. this type of analysis is known as liquidity measure.
The measurement of indicators such as the current ratio, quick ratio, and operating cash flow ratio allows us to calculate liquidity ratios, which assess a company's capacity to satisfy debt obligations as well as its margin of safety.
The term "liquidity" describes how quickly or easily money may be raised to cover short-term obligations like bills. Liquid assets include those that can be easily sold, such as stocks and bonds.
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Who is required to pay for the subdivision information under the TREC Addendum for Property Subject to Mandatory Membership in a Property Owners Association?
Answer:
The buyer
Explanation:
TREC is Texas real estate commission, a state agency under Texas staye government. Established in 1949, the agency governs real estate practices and protects consumers of real estate .
Some homeowners and homeowners association require buyers who wish to buy property to cover certain costs in transfer of ownership of the property. The costs and who covers them is covered under TREC Paragraph C, Fees of the Addendum for Property Subject to Mandatory Membership in a Property Owners Association (TAR 1922, TREC 36-8). According to the law the buyer will pay for all costs and fees in transfer except for fees covered in Paragraphs A, D, and E.
The _____ is an international bank that normally provides short-term loans to countries that are unable to meet their budgetary expenses.
Answer:
international monetary fund
Explanation:
The international monetary fund is an international bank that normally provides short-term loans to countries that are unable to meet their budgetary expenses.
What is international monetary fund?The IMF is a group of 189 member nations that seeks to promote international monetary cooperation, ensure financial stability, ease trade between nations, encourage high employment and long-term economic growth, and lessen poverty worldwide.
The IMF offers financial support and collaborates with nations to guarantee prudent spending. The IMF provides a range of loans that are specifically suited to the needs and unique circumstances of each nation. Low-income nations receive loans with zero interest.
Their methods for attaining this common objective are complementary: the World Bank focuses on long-term economic development and poverty reduction, while the IMF emphasizes macroeconomic and financial stability.
Thus, international monetary fund.
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Acme Fasteners keeps efficiency high by making a million of each kind of bolt
at a time. But its customers usually want to buy only 1,000 to 10,000 of a kind
at a time. What service of wholesalers can best help Acme in this situation?
O
A. Buying large quantities and selling in smaller lots needed by
customers
O
B. Transporting fasteners to storage facilities
O
C. Being experts in fasteners and customers who use them
O
D. Keeping fasteners stored without theft or other kinds of loss
Answer:
A. Buying large quantities and selling in smaller lots needed by customers
Explanation:
Wholesalers can best help Acme in this situation by buying large quantities and selling in smaller lots needed. Thus, option A is correct.
Who is the customer?A customer is a client who places a request for a commodity, payments for such a product or service, and then receive it. The person who purchases a good or receives a service is known as a customer. A consumer is essentially the person who pays for the item or service.
In this situation, the wholesaler should buy the quantities in bulk that is being produced by the company and then divide the load into smaller quantity of 1000 unit or 10000 unit so that they can easily sell it to the customer and also benefit from the same and earn a profit from the same. Also, bulk buying can provide them with some offers.
Therefore, option A is the correct option.
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The GATT Uruguay Round negotiations led to groundbreaking changes in the following areas, with the exception of which one?
O intellectual property
O dispute resolution
O trade in services
O poverty eradication in the least-developed countries
Pls help me.
Answer:
Poverty eradication in the least-developed countries
Explanation:
I just did the assignment and it graded this answer as correct. They did try to adress this issue, but they weren't successful so it didn't have any groundbreaking changes.
Answer:
Poverty eradication in the least-developed countries
Explanation:
got it right on edge 2023
10. Studying data with the goal of discovering new information to aid decision-making is
A. data analysis
B. cash flow statement
C. recordkeeping
D. money management software
Summarize how the Peer-to-peer payment process typically works?
Answer:
Peer-to-peer payments are transactions that can be used for anything from splitting a dinner bill between friends to paying the landlord rent. These payments allow the transfer of funds between two parties using their individual banking accounts or credit cards through an online or mobile app.
A U.S. corporation builds an amusement park in France. Its expenditures are U.S. a. foreign portfolio investment that increase U.S. net capital outflow. b. foreign portfolio investment that decrease U.S. net capital outflow. c. foreign direct investment that increase U.S. net capital outflow. d. foreign direct investment that decrease U.S. net capital outflow.
Answer:
C)Foreign direct investment that increase US net capital outflow
Explanation:
From the question we are informed about A U.S. corporation who builts an amusement park in France. In this case, Its expenditures are U.S. Foreign direct investment that increase US net capital outflow. An expenditure can be regarded as payment used in purchasing goods or services either with cash or credit. It is regarded as money been spent on something. A foreign direct investment (FDI) can be regarded as an investment which is been set up by a firm or individual in ones country having business interests which is been located in another country. foreign direct investment do occur when foreign business operations is been set up by an investor or the investor is a able to acquire business assets in particular
foreign company.
Which aspect is an essential feature of a joint venture between two companies that come together for global trade?
A.
shared production facilities
B.
shared marketing staff
C.
shared workspaces
D.
joint equity ownership
Answer:
D. joint equity ownership
Explanation:
The aspect that is an essential feature of a joint venture would be joint equity ownership. That is because in a joint venture all parties combine all of their resources and share in both the liability and profits of the company. Joint Equity Ownership is the main part of this as it explains how these companies joint their assets in order to make as much profit as possible from their business venture.
Which term refers to a changing price that causes a proportional change in total revenue?.
If the family decides to reduce its clothing budget by $200 a month, how much will the new clothing budget be? Round to the nearest dollar.
Answer:
$970
Explanation:
Find a product demonstration that educates people about a particular product. Describe that demonstration. Evaluate the demonstration by explaining whether it educated you about the product or simply tried to persuade you to buy the product
Answer:
An Example of a product demonstration is Scrub Daddy.
Explanation:
Scrub Daddy is the most successful product from the hit television show Shark Tank with more than $100 million in retail sales. It became popular due to the founder's simple and effective presentation that was all about clearly demonstrating it's benefits instead of being a 'sales person'
The scrub daddy makes it easier to wash dishes and sensitive crockery. If it is placed in cold water, it becomes hard, making it useful to scrub greasy surfaces. However, under hot water, it becomes soft which is excellent for expensive China etc.
He demonstrated this in front of the TV cameras clearly with props and tools and quickly won a large dedicated audience.
Answer:
Answer:
An Example of a product demonstration is Scrub Daddy.
Explanation:
Scrub Daddy is the most successful product from the hit television show Shark Tank with more than $100 million in retail sales. It became popular due to the founder's simple and effective presentation that was all about clearly demonstrating it's benefits instead of being a 'sales person'
The scrub daddy makes it easier to wash dishes and sensitive crockery. If it is placed in cold water, it becomes hard, making it useful to scrub greasy surfaces. However, under hot water, it becomes soft which is excellent for expensive China etc.
He demonstrated this in front of the TV cameras clearly with props and tools and quickly won a large dedicated audience.
Explanation:
In which way can podcasts be organized when used by organizations? check all that apply.
Podcasts are an amazing strategy for building endow with your clients since they grant you to share your authority and data. It can similarly help you with getting an investigation from your group and show that you care about their necessities.
Ways of organizing podcasts used by an organization are :-
Associations embraced podcasting for sound or video messages that needn't bother with a live presence yet offer a heartfelt human face.
System to impart draw-out information that doesn't require affiliation.
It can also override costlier live video visits.
They are featured on media locales, association passageways, or shared on web diaries and long-range relational correspondence objections.
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There is a bond that has a quoted price of 108.711 and a par value of $2,000. the coupon rate is 6.99 percent and the bond matures in 21 years. if the bond makes semiannual coupon payments, what is the ytm of the bond?
If the bond makes semiannual coupon payments, 6.34% is the YTM of the bond.
Given the par value = $2,000
Annual Coupon Rate = 6.99%
Semiannual Coupon Rate = 6.99% / 2 = 3.495%
Semiannual Coupon = 3.495% * $2,000 = $69.90
Current Price = 108.711% * $2,000 = $2,174.22
Time to Maturity = 21 years
Semiannual Period = 42
Let semiannual yield to maturity be s%
$2,174.22 = $69.90 x PVIFA(s%, 42) + $2,000 x PVIF(s%, 42)
With the help of Ms. Excel we can have the following data;
N = 42
PV = -2,174.22
PMT = 69.90
FV = 2000
s = 6.34%
Semiannual yield to maturity = 6.34%
Thus the effective annual rate can be found with the following formula
EAR = (1 + Semiannual YTM - 1)
= (1 + 0.0634 - 1)
= 1.0634 - 1
= 0.0634 or 6.34%
Therefore 6.34% should be the effective annual rate.
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At the end of the month, ABC Co.'s petty cash fund contains $4 in cash and receipts for postage of $50 and delivery expenses of $44. It started out with $100 in the fund at the beginning of the month. Demonstrate the journal entry to replenish the account and recognize its shortage by choosing the correct action from those given below.
A. Petty Cash is debited for $96.
B. Cash is credited for $98.
C. Cash is credited for $94.
D. Cash is credited for $96.
alpha company bought inventory from omega company, fob shipping point. on december 31, the last day of the accounting year, the goods were on a truck owned by theta, inc., exactly half-way between alpha and omega. which company should include these goods in its december 31 inventory? multiple choice question. alpha and omega should each include half of the goods in inventory theta alpha omega
In this scenario, the ownership of the goods depends on the terms of the FOB shipping point. According to FOB shipping point terms, the ownership of the goods transfers from the seller (Omega Company) to the buyer (Alpha Company) when the goods are loaded onto the truck.
Therefore, Alpha Company should include these goods in its December 31 inventory, regardless of where the goods are located on that date. It is important for companies to keep accurate records of their inventory as it is a significant asset and affects the financial statements. The inventory balance is reported on the balance sheet and impacts the cost of goods sold (COGS) on the income statement. Inaccurate inventory records can result in misstated financial statements and ultimately lead to financial consequences. To properly account for inventory, companies should establish inventory management systems that accurately track the inflow and outflow of goods. These systems can include periodic physical counts, inventory valuation methods, and inventory control policies. By maintaining accurate inventory records, companies can make informed business decisions, monitor stock levels, and avoid overstocking or understocking of products.
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consumers who have all the information they need to make buying decisions are most indicative of which type of market?
Consumers have all the knowledge necessary to decide what to buy. Thus, the predominance of perfect information is a characteristic of market structure. In other words, buyers and sellers are fully aware of the state of the market.
This only applies when a market is completely competitive.
Imperfect information is a characteristic of oligopolies and monopolies.
Therefore, the fact that consumers have access to all the information they need to make purchasing decisions shows that the market is highly competitive.
What four qualities define the ideal market for competition?
No obstacles to entry or departure, no market influences, identical products, and total product transparency are requirements for perfectly competitive markets.
Which four sorts of market structures are there?
The four types of economic market structures are oligopoly, monopoly, perfect competition, and monopolistic competition. The following characteristics explain why the categories are different: In oligopoly, there are few producers, many in perfect and monopolistic competition, and one in monopoly.
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elana filed a discrimination charge against her employer. while the case was still pending, she was transferred to a less desirable job. in this situation, the employer is engaging in
It's possible that the employer is engaging in retaliation against Elana, which is illegal under many anti-discrimination laws.
Retaliation occurs when an employer takes an adverse action against an employee who has engaged in protected activity, such as filing a discrimination charge or complaint.
Elana's transfer to a less desirable job could be seen as an adverse action that could dissuade her from pursuing her discrimination charge or complain. It could also be interpreted as a form of punishment or reprisal for making the charge or complain.
However, whether or not the employer's actions constitute illegal retaliation would depend on various factors, such as the timing and circumstances of the transfer, and whether there were legitimate market reasons for the transfer. Elana should consult with an employment lawyer or her local anti-discrimination agency to assess her legal options and determine if her employer's actions were illegal.
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URGENT
In which situation is a country most likely to choose a fixed exchange rate for its currency?
A. A country expects its currency to be more valuable than other countries’ currency.
B. A country is confident that its currency’s market value will remain steady over time.
C. A country that ants to encourage other countries to freely buy and sell its currency.
D. A country wants to make sure that it’s currency is stable in all economic situations.
Answer:
D. A country wants to make sure that its currency is stable in all economic situations.
Explanation:
In the given options, the situation where a country is most likely to choose a fixed exchange rate for its currency is:
D. A country wants to make sure that its currency is stable in all economic situations.
Choosing a fixed exchange rate allows a country to maintain stability in its currency value and minimize fluctuations. It provides certainty for trade and investment by ensuring that the exchange rate remains constant and predictable. This can be particularly advantageous for countries that want to promote economic stability and attract foreign investment.
Suppose you have three choices as to what to do for two hours on Sunday afternoon: work around the house, earning $3.50 an hour; baby-sit for your neighbor earning $10 an hour; or go to the movies and pay $6 for a ticket. You choose to go to the movies. What is your opportunity cost?
Answer:
the opportunity cost is in the case when you choose to go to the movies is $20
Explanation:
The computation of the opportunity cost is in the case when you choose to go to the movies is shown below:
= Earning per hour × number of hours
= $10 × 2 hours
= $20
Hence, the opportunity cost is in the case when you choose to go to the movies is $20