On April 3, Redstone Company sold $20,000 of merchandise on account to Helton Corporation, terms 4/10, n/30, FOB shipping point. Redstone's cost of sales for thi merchandise was $12,000. The merchandise left Redstone's facility on April 4 and arrived at Helton on April 10. Heston paid the invcice for the merchandise on April 11. Read the Requirement 1. Prepare the journal entries for Redstone Company for the sale of the merchandise, the cost of the sale, and the related receipt of payment trom Helton Corporation. Assume that Helton Corporation takes the discount if payment is within the discount period. (Use the gross mathod to record the sales tratsactions Record debits first, thet credits. Exclude explanations from any foimal entries.) Prepare the journat entry for the sale of the merchandite. (Do not rocord the cost of the sale, we will do that in the next step.) Requirements 1. Prepare the journal entries for Redstone Company for the sale of the merchandise, the cost of the sale, and the related receipt of payment from Helton Corporation. Assume that Helton Corporation takes the discount if payment is within the discount period. 2. Indicate which company (Redstone or Helton) owns the merchandise at the end of each of the following dates: a. April 3
b. April 4 c. April 10 (Assume that Redstone Company uses the gross method of recording sales discounts.)

Exchange rates are an effective way to analyze the price of one currency in terms of another currency with the tools of demand and supply.

Exchange rates refer to the value of one's nation's currency over the currency of another nation.

An exchange rate can be fixed or free-floating. A fixed exchange rate is pegged to the value of other currency and a free-floating exchange rate may rise or fall due to changes in the foreign exchange market.

Thus, exchange rates are an effective way to analyze the price of one currency in terms of another currency with the tools of demand and supply.

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When inventory is sold, the cost of the goods sold is recognized as an expense in the income statement, along with the related sales revenue.

The cost of goods sold (COGS) is calculated as the cost of the inventory items that were sold during the period.

The expense recognition principle of accounting requires that expenses be recognized in the period in which the related revenue is recognized. Therefore, the cost of the inventory sold must be recognized as an expense in the same period as the revenue from the sale. This ensures that the income statement accurately reflects the company's profitability during that period.

The COGS is calculated using a cost flow assumption, such as FIFO (first-in, first-out) or LIFO (last-in, first-out). The cost of the oldest inventory items (under FIFO) or the newest inventory items (under LIFO) are matched with the sales revenue to determine the cost of goods sold.

Recognizing the cost of goods sold as an expense also allows for the calculation of gross profit, which is the difference between sales revenue and COGS. Gross profit is an important measure of a company's profitability and is used to calculate other financial ratios, such as gross margin.

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Answer: Egalitarian

Explanation:

From the question, we are informed that Anthony and Cathy Smith have been married for thirty-one years and that they have always had a joint bank account, discussed big expenditures, and shared household duties.

The term that can be used to describe them is egalitarian. Egalitarian is a principle which believes that everyone is equal and everybody deserve a equal opportunity and has an equal right.

The impacts of documenting bad debt expense utilising the allowance technique on the financial statement include an increase in expenses and a decrease in assets.

When a customer is unable to pay an outstanding debt owing to bankruptcy or other financial difficulties, a receivable is no longer recoverable, and a bad debt expense is recorded.

Because the allowance is a contra account, it pairs with and balances the accounts receivable account. The accounts receivable account is credited and the provision for doubtful accounts is debited in response to the discovery of a specific bad debt (which reduces the receivable asset).

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If you missed a credit card payment, the late payment information may appear on your credit report for up to seven years.

This information can negatively impact your credit score and make it more difficult for you to secure loans or credit in the future. Typically, late payments are reported to credit bureaus after thirty days from the due date. Once reported, a late payment can remain on your credit report for up to seven years. It's essential to make timely payments and keep a low credit utilization ratio to maintain a good credit score.

If you have a history of on-time payments, consider contacting your credit card issuer to discuss the situation and request a waiver of any late fees or penalties.

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Al won't get $20 until he builds 25 radios. There is a fixed-ratio reinforcement schedule in place.

A fixed-ratio schedule is a reinforcement schedule in operant conditioning in which a response is reinforced only after a certain number of responses. Essentially, the subject provides a predetermined number of responses, after which the trainer provides a reward.

A fixed-ratio schedule has the advantage of producing a high, consistent rate of response with only a brief pause after the delivery of the reinforcer. By looking at it, you can understand what the term "fixed-ratio reinforcement schedule" means.

The term "fixed" refers to the regular distribution of rewards. The number of responses required to receive reinforcement is referred to as the "ratio."

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The correct answer to this open question is the following.

Unfortunately, the question is incomplete. Indeed, there is no question at all, just a series of statements.

What we can do is to comment on this case.

We are talking about the story of Bob Bell and Michael Sharpe.

Royalties were the main reason for this dispute. Bob Bell was the engineer that invented the bicycle trailer. Michale Sharpe would focus on Marketing the product due to his experience with computers and sales. Sharpe wanted both to share the financial risks but Bell considered it hos invention and wanted more royalties. Things went in the wrong direction, the situation got worse and they both hired lawyers in Toronto, Canada.

After disputes and legal actions, Bell won the case and he could expanse his business nationwide and signed an agreement with a Chinese company to sell the product.  On the other hand, Sharpe made a 180-degree turn and started a fitness business.

The probability that the contractor will get both projects is 0.52

Project A probability = 0.65

Project B probability = 0.77

Least one of the projects probability = 0.90

Hence:

P(A)=0.65

P(B)=0.77

P(A∪B)=0.90

Using this formula

P(a and b)=P(a)+P(b)-P(a ∪ b)

Let plug in the formula

P(a and b)=0.65+0.77-0.90

P(a and b)=0.52

Inconclusion the probability that the contractor will get both projects is 0.52.

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Answer: reference pricing strategy

Explanation:

The problem solving approach followed by an organizational buyer in a new task buying situation is: b. extensive.

The required details about  organizational buyer is mentioned in below paragraph.

Organizational buyers are people who represent an organization. When making purchases, these buyers frequently consider both their own tastes and the expected preferences of the customers to whom the organizational buyer's business will sell.. There are various types of organizational purchasers. Resellers are either wholesalers or retailers who purchase goods from one company and resell them to another. For instance, major grocery chains may purchase goods directly from producers and resell them to final customers.

The three different buy classes are: (1) new buy, where an organization purchases a good or service for the first time; (2) straight rebuy, where an organization purchases a good or service from a list of approved suppliers again; and (3) modified rebuy, where an organization's buying center modifies the good's specifications.

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The role which transportation plays for individual-firm is significant and multifaceted.

Transportation is crucial for the efficient movement of goods, raw materials, and finished products throughout the supply chain. It enables the timely delivery of inputs to production facilities and the distribution of finished goods to customers.

Efficient transportation systems help reduce lead times, minimize inventory holding costs, and enhance customer satisfaction.

Transportation also impacts firm's cost structure. The choice of transportation mode, such as road, rail, air, or sea, can have implications for shipping costs, transit times, and reliability.

Transportation plays a crucial role in supporting market expansion and accessing new customers. It enables firms to reach geographically dispersed markets, expand their customer base, and tap into new business opportunities.

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Transportation plays a crucial role in the success of a firm. It enables firms to deliver products to customers in a timely manner, maintain inventory levels, and reduce costs. efficient transportation systems are essential for ensuring customer satisfaction and facilitating trade. Firms need to consider factors such as cost, speed, reliability, and sustainability when choosing the most suitable transportation mode for their needs.

Transportation plays a crucial role in the success of a firm. It involves the movement of goods, raw materials, and finished products from one location to another. efficient transportation systems enable firms to deliver products to customers in a timely manner, maintain inventory levels, and reduce costs.

One of the key benefits of transportation for a firm is the ability to deliver products to customers in a timely manner. Whether it's delivering goods to retail stores or shipping products directly to consumers, transportation ensures that products reach their intended destinations on time. This is particularly important in industries where customer demand is time-sensitive, such as the fast fashion industry or the perishable goods industry.

In addition to timely delivery, transportation also helps firms maintain optimal inventory levels. By having efficient transportation systems in place, firms can ensure that they have the right amount of inventory at the right locations. This helps prevent stockouts and reduces the need for excess inventory, which can tie up capital and increase storage costs.

Furthermore, transportation plays a crucial role in cost reduction for firms. Efficient transportation systems can help minimize transportation costs by optimizing routes, consolidating shipments, and leveraging economies of scale. By reducing transportation costs, firms can improve their overall profitability and competitiveness in the market.

Transportation also facilitates trade and enables firms to access new markets. By having reliable transportation networks, firms can expand their reach and tap into new customer bases. This is particularly important for firms that operate on a global scale and need to transport goods across different countries and continents.

When choosing the most suitable transportation mode for their needs, firms need to consider various factors. These include cost, speed, reliability, and sustainability. Different modes of transportation, such as road, rail, air, and sea, offer different advantages and disadvantages. For example, air transportation is known for its speed but can be costly, while sea transportation is more cost-effective for long-distance shipments but takes longer.

Additionally, transportation logistics, including route planning, scheduling, and tracking, are essential for optimizing the flow of goods and ensuring customer satisfaction. By effectively managing transportation logistics, firms can minimize delays, improve efficiency, and provide better service to their customers.

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There are several benefits for McDonald's by using FIFO methods. Here we will discuss some of them: better food hygiene, which gives more customers satisfaction; easier to reduce products near their end-date—resulting in more sales and less waste;

FIFO is a measuring tool for inventory valuation or management. In this, we have sold the goods which come first. This is called a FIFO, which is known as First In First Out.

Thus, McDonald's using the FIFO method gets such benefits as better food hygiene, which gives more customer satisfaction; easier to reduce products near their end-date – therefore more sales and less waste.

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Answer:

Money serves several functions: a medium of exchange, a unit of account, a store of value, and a standard of deferred payment.

There are gains on sale of fixed asset which are known to enter on income statement. Nonoperating items that increase net income must be added in calculating operating cash flows is a false statement

A Non-operating assets are simply described as a kind of assets that does not look into to be part of a company's core operations.

A company's non-operating assets can be said to be unused land, leftover and unused equipment, investment securities, etc.

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Because the broker is accountable for the acts of the sales agent, the broker must ensure the competence of a sales agent in the services he offers to a party in a real estate transaction.

Brokers oversee a range of commercial transactions in the banking and financial industries, such as investments, real estate, and insurance. In addition to managing sales, brokers also create and maintain relationships, serve as a point of contact for parties, and perform administrative tasks.

A broker is obligated to carefully carry out a client's request and look for the best possible price. The broker is also supposed to be honest and not to make any representations on potential investments or trades. A brokerage firm has a duty to oversee the brokers it employs.

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Answer:

Explanation:

Stocks prices fluctuate as long as the market is open. The price of a stock may rise and fall depending on its demand and other factors.  The financial performance of a company creates demand for its shares. A company that had good returns will be in high demand, which makes its stock prices rise. A company with poor financial performance will see its share price decline.

The overall performance of the economy and the exchange markets also affects prices. When the economy and the market are performing well, prices tend to rise. The opposite is also true.

Answer:

Market performance

The company's financial health

The economy

Explanation: This is the correct answer for Edge 2020. ^-^

Using the Units of Production method, Apogee recorded depreciation expenses of $29,437.50 for

Year 1, $53,025.00

for Year 2, and $37,800.00

for Year 3,

respectively, based on the actual usage of the machine in each year.

Year 1: How many hours were used?

Year 2: How much was depreciated?

Year 3: How was the cost calculated?

On June 1, 20X1, Apogee Corp. bought a machine for $101,700. They estimated that the machine would be useful for 12,000 hours and would have a residual value of $4,500 at the end of its useful life.

Over the next three years, Apogee used the machine for the following number of hours: 3,100 hours in Year 1, 5,600 hours in Year 2, and 4,000 hours in Year 3.

To calculate the depreciation expense for each year, Apogee used the Units of Production (UOP) method. Under this method, depreciation expense is calculated based on the actual usage of the machine in each period.

To calculate the depreciation expense for each year, Apogee first calculated the total expected hours of usage over the machine's useful life. They then divided the depreciable cost (the cost of the machine minus its residual value) by the total expected hours of usage to get the depreciation rate per hour. Finally, they multiplied the depreciation rate per hour by the number of hours the machine was used in each period to calculate the depreciation expense for that period.

Using this method, Apogee calculated the depreciation expense for each year as follows:

Year 1: (($101,700 - $4,500) / 12,000 hours) x 3,100 hours = $29,437.50

Year 2: (($101,700 - $4,500) / 12,000 hours) x 5,600 hours = $53,025.00

Year 3: (($101,700 - $4,500) / 12,000 hours) x 4,000 hours = $37,800.00

Therefore, Apogee recorded depreciation expenses of $29,437.50 for Year 1, $53,025.00 for Year 2, and $37,800.00 for Year 3, respectively, on the income statement.

Based on the information provided, Apogee Corp :

To calculate the depreciation expense using the UOP method, we first need to calculate the depreciation rate. The formula for UOP depreciation rate is (Cost - Residual value) / Estimated total units of production. In this case, the calculation would be as follows:

We can calculate the depreciation expense for each year as follows:

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Answer:

demand is equal to 1000 and factors is equal to 5000

No, that statement is not true. Liabilities are not economic resources that are expected to benefit the business in the future.

Liabilities are obligations or debts that a business owes to external parties. They represent the company's financial obligations or commitments that arise from past transactions or events. Liabilities typically require the business to make future payments or provide goods or services in the future to settle the obligations. Examples of liabilities include loans, accounts payable, accrued expenses, and deferred revenue. While liabilities are important in the financial structure of a business, they do not represent economic resources that are expected to benefit the business. Instead, they represent the company's obligations and claims on its assets.

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Answer:

expense

explanation :

when we're about loan we are talking about a business or a person who is taking a loan. in this case the person or the firm pay interest on the loan.

Answer:

Be smart and watch out for snakes

Answer:

Explanation:

Answer:

Not I.

Explanation:

This is just constructive criticism, but I don't recommend listing your school here.

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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a)  The economic order quantity for the Super-Z Wedge is approximately 42 units.

b) The total cost per year for the Super-Z Wedge using the economic order quantity is approximately $1,340.67.

a. To calculate the economic order quantity (EOQ), we can use the following formula:

EOQ = sqrt((2 * demand * ordering cost) / carrying cost per unit)

where:

demand = 30 units/period (average demand)

ordering cost = $30/order

carrying cost per unit = $2.00/unit/period

Plugging in the values, we get:

EOQ = sqrt((2 * 30 * $30) / $2.00)

EOQ = sqrt(1800)

EOQ = 42.43

Therefore, the economic order quantity for the Super-Z Wedge is approximately 42 units.

b. The average cycle stock refers to the average inventory level that is carried during the lead time between placing an order and receiving it. Assuming zero lead time, the average cycle stock would simply be half of the economic order quantity.

So, the average cycle stock for the Super-Z Wedge would be:

Average cycle stock = EOQ / 2

Average cycle stock = 42.43 / 2

Average cycle stock = 21.22

c. To calculate the total cost per year, we need to consider both the ordering cost and the carrying cost. Since there are 12 periods per year, we can use the following formula:

Total cost per year = (demand * ordering cost / EOQ) + (EOQ / 2 * carrying cost per unit * demand)

Plugging in the values, we get:

Total cost per year = (30 * $30 / 42.43) + (21.22 * $2.00 * 30)

Total cost per year = $63.27 + $1,277.40

Total cost per year = $1,340.67

Therefore, the total cost per year for the Super-Z Wedge using the economic order quantity is approximately $1,340.67.

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Answer:

hmmmmm let me think first sorry for not helping but have a great day sir

A boosted post helps an adviser to connect with the audience and gain trust.

Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.

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Sarah can ask a wide range of questions from the job applicants during the interview.

However, two potential questions that she can ask are:

1. Can you tell me about a time when you had to resolve a conflict with a co-worker or team member?

This question can help Sarah assess the candidate's problem-solving skills and their ability to handle conflicts professionally. It also reveals their communication skills and their approach to teamwork.

2. What experience do you have working in a fast-paced environment?

This question can help Sarah evaluate the candidate's ability to handle high-pressure situations, manage their time efficiently, and work effectively under tight deadlines. It also shows their adaptability and willingness to work in a dynamic environment.

In addition to these questions, Sarah can ask more specific questions related to the job responsibilities and requirements to determine the candidate's suitability for the position. It's crucial for Sarah to ensure that her questions are relevant, fair, and legally compliant to hire the best candidate for the job.

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To find the inverse supply curve, we investment need to solve the supply equation for price (P_x). Let's start by rewriting the equation: Q_x = -520 + 20P_x Rearranging the equation, we isolate P_x:

20P_x = Q_x + 520

Dividing both sides by 20:

P_x = (Q_x + 520) / 20

So, the inverse supply curve is given by P_x = (Q_x + 520) / 20.

To plot this curve on a conceptual graph, we'll place quantity (Q_x) on the horizontal axis and price (P_x) on the vertical axis. The curve will have a positive slope of 20, indicating that as quantity increases, the price also increases. To find the producer surplus when Q_x = 400, we need to determine the area between the supply curve and the price level at Q_x = 400. The formula for producer surplus is the area between the price and the supply curve up to the quantity level. Using the inverse supply curve equation, we can substitute Q_x = 400 to find the corresponding price:

P_x = (400 + 520) / 20

P_x = 920 / 20

P_x = 46

Now, let's calculate the producer surplus. The formula for producer surplus is:

Producer Surplus = (1/2) * (Price - Minimum Supply Price) * Quantity

The minimum supply price is the intercept of the supply curve when Q_x = 0. From the original supply equation, when Q_x = 0:

0 = -520 + 20P_x

520 = 20P_x

P_x = 26

Substituting the values into the formula:

Producer Surplus = (1/2) * (46 - 26) * 400

Producer Surplus = (1/2) * 20 * 400

Producer Surplus = 4,000

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