On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $85,360 in assets in exchange for its common stock to launch the business. On December 31, the company’s records show the following items and amounts.


Cash $ 7,010 Cash dividends $ 3,390
Accounts receivable 18,350 Consulting revenue 18,350
Office supplies 4,480 Rent expense 4,820
Office equipment 19,360 Salaries expense 8,370
Land 46,040 Telephone expense 910
Accounts payable 9,740 Miscellaneous expenses 720
Common stock 85,360

The opportunity cost of the firm is $8 per pipe and the sunk cost is $2 per pipe. The expense with the greatest alternatives is the opportunity cost. Sunk costs are expenses that were incurred in the past but cannot be recovered now.

When you choose between possibilities, you forfeit opportunity cost. The best option should always be chosen in order to reduce opportunity costs. Contrarily, a sunk cost is an expense that has already been paid. The potential gain that a person or an organization forgoes by selecting one option over another is known as opportunity cost.

For instance, a sunk cost of $10,000 might be incurred by purchasing 1,000 shares of firm A at $10 each. This is the sum of money invested, and selling shares is the only way to recover it. Instead, the potential cost examines how that $10,000 may have been better spent.

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Mike will have a total of $2100 in his Christmas Club as his bank deduct $210 a month from March till December. Hence he may get $110.25 in interest if the interest rate is 5.25% on December 1.

An account specifically intended for holiday spending is a Christmas club account. It typically only lasts for a year or less. A savings account of this type, often known as a Christmas club or holiday club account, is one in which regular deposits are made by customers all year long. In order to pay for holiday shopping and other expenses, such as travel, the accrued savings are then withdrawn just before the holiday season.

Regular direct transfers from your paycheck may be permitted by the account in Christmas club, and those funds would be preserved and transferred to them in time for the holiday buying season. Based on the balance in the account, the yearly percentage yield will fluctuate between 0.05% and 5.00%.

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The complete question is:

On March 1 Mike joined Christmas Club His bank automatically deduct a $210 from his Chaser account of the end of each month, and deposit it into his Christmas Club account. What will he earn at 5.25% APR simple interest for the year, as the account comes to term on December 1.

The margin of error for the 2008 poll with 90% confidence in the estimate of the percent of national adults who are baseball fans is 0.33.

Margin of error is the amount of numerical error that a survey result can contain and still be considered valid. It is a measure of the accuracy of the survey results and is typically expressed as a percentage of the total sample size.

The margin of error (ME) for a confidence interval can be calculated using the following formula: ME = z*(σ/√n), where z is the z-score associated with the desired confidence level (in this case 90%), σ is the population standard deviation, and n is the sample size.
For this problem, we are given that the sample size is 2000 and the standard deviation is 5. Using the above formula, the margin of error is calculated as: ME = 1.645 * (5/√2000) = 0.33.
Therefore, the margin of error for the 2008 poll with 90% confidence in the estimate of the percent of national adults who are baseball fans is 0.33.

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The correct answer is option C. Cash 7,056; Sales discounts 144; Accounts receivable 7,200.

Why is it?

The journal entry on March 12 when the sale is made:

Accounts receivable 7,800

Sales revenue 7,800

Cost of goods sold 4,500

Inventory 4,500

On March 15, when the merchandise is returned:

Accounts receivable 600

Sales returns and allowances 600

Inventory 350

Cost of goods sold 350

On March 20, when the payment is received:

Cash 7,200 (7,800 - 2% discount)

Sales discounts 144 (7,800 x 0.02)

Accounts receivable 7,344 (7,800 - 600)

Therefore, the correct option is C. Cash 7,056; Sales discounts 144; Accounts receivable 7,200.

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The statement that are consistent with the pure expectations theory of the yield curve are:

According to the Pure Expectation Theory, the various maturities are substitutes, and the shape of the yield curve is determined by the market's expectation of future interest rates.

This theory states that yields change over time, but it fails to define the specifics of yield curve shapes. This theory disregards interest rate and reinvestment risk.

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The computation of the total cost per unit for each product is as follows:

                                       Standard      Deluxe

Direct materials per unit   $11.00        42.00

Direct labor per unit           18.00         18.00

Overhead cost per unit     14.57           15.17

Total cost per unit        $43.57        $74.17

The ABC (Activity-based costing) costing system is a costing method that:

The ABC costing system is not like the traditional costing system that uses a single plantwide rate as the overhead rate based on a single cost driver.

Both products require 2 hours of direct labor for completion. Therefore, total annual direct labor hours are 140,000 [2 hrs. × (20,000 + 50,000)]. The expected annual manufacturing overhead is $1,050,000. Thus, the predetermined overhead rate is $7.50 ($1,050,000 ÷ 140,000) per direct labor hour. The direct materials cost per unit is $42 for the deluxe model and $11 for the standard model. The direct labor cost is $18 per unit for both the deluxe and the standard models.

The company’s managers identified six activity cost pools and related cost drivers and accumulated overhead by cost pool as follows.

Required

Compute the total cost per unit for each product under ABC.

Activity Cost Pool  Cost Driver  Estimated  Expected Use   Expected Use

                                                   Overhead  of Cost Drivers  of Drivers by

                                                                                                       Product

                                                                                              Standard Deluxe

Purchasing         Orders             $ 126,000            400             100         300

Receiving          Pounds                 30,000       20,000         4,000    16,000

Assembling      Number of parts 444,000       74,000       20,000   54,000

Testing              Number of tests  115,000       23,000        10,000   13,000

Finishing           Units                   140,000        70,000       20,000 50,000

Packing & shipping Pounds       195,000        80,000        18,000 62,000

Total                                      $1,050,000

Overhead rate per Activity Cost Pool

Activity Cost Pool  Cost Driver  Estimated  Expected Use     Overhead

                                                   Overhead  of Cost Drivers       Rates

Purchasing         Orders             $ 126,000            400              $315 ($126,000/400)

Receiving          Pounds                 30,000       20,000            $1.50 ($30,000/20,000)

Assembling      Number of parts 444,000       74,000           $6.00 ($444,000/74,000)

Testing              Number of tests  115,000       23,000           $5.00 $115,000/23,000)

Finishing           Units                   140,000        70,000           $2.00 ($140,000/70,000)

Packing & shipping Pounds       195,000        80,000           $2.4375 ($195,000/80,000)

Allocation of Overhead per product:

Activity Cost Pool   Overhead  Standard                        Deluxe

Purchasing                 $315     $31,500 (100 x $315)     $94,500 (300 x $315)

Receiving                  $1.50        6,000 (4,000 x $1.5)    24,000 (16,000 x $1.5)

Assembling             $6.00     120,000 (20,000 x $6) 324,000 (54,000 x $6)

Testing                    $5.00      50,000 (10,000x $5)     65,000 (13,000 x $5)

Finishing                 $2.00      40,000 (20,000 x $2)  100,000 (50,000 x $2)

Packing &

shipping Pounds  $2.4375   43,875 (18,000 x $2.4375) 151,125 (62,000 x $2.4375)

Total overhead allocated  $291,375                     $758,625   $1,050,000

Total units produced             20,000                         50,000

Overhead per unit                 $14.57                            $15.17

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Answer:

DIRECTV:

($30)(6) + ($75)(18) = $1530

Current:

($50)(24) + $1200

Do not switch providers.

Explanation:

You should not switch providers because, in the long run, you will be paying less money with your current provider than with DIRECTV. Emotionally, you may want to purchase DIRECTV's contract because of the drawing; however, there is a low probability that you would actually be chosen, so it is not worth the increase in payments.

Answer:

Hello, I'm here to help you.

Explanation:

Supply Chain: Is a network between a company and its suppliers to produce and distribute a specific product or service.

Answer:

[A] 2 2/3

Explanation:

Base on the given data you can see that 2 of the circle are fully shaded meaning

2 whole

There is one that is shade 2/3 {2 out of 3 are shaded}
Hence, put together

2 2/3

Therefore, the answer is [A] 2 2/3

~lenvy~

An accounting software module is called General Ledger Module. Accounts payable, trade receivables, and payroll are three modules used by accounting software to keep track of transactions.

A general ledger (GL), a collection of numerical accounts, is used by an institution to track its financial transactions and produce financial reports. Each account is a distinct record describing a certain type of asset, liability, equity, profit, or expense.

Money due to your company is represented by accounts receivable, an asset account. Accounts payable is an expenditure account for money that your company owes. Cash: Any liquid assets that your business possesses, such as owners' equity (an equity account). Sales or transactions affecting the inventory are considered an asset account.

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To promote the interest of consumers is the purpose of consumer-advocacy groups. Actions performed by people or organizations to advance and defend the interests of the buying public are referred to as consumer advocacy.

Most countries have implemented legislation to safeguard customers against unsafe or subpar craftsmanship, dishonest sales tactics, and deceptive advertising. Consumer advocacy, movements, or laws that protect consumers' interests by regulating the goods, services, practices, and expectations of producers, merchants, and advertising.

Protecting the interests of the consumer or buyer is the goal of consumer advocacy groups. These organizations use a variety of tactics to expose companies that engage in unfair business practices or sell dangerous goods. These tactics include litigation, letter-writing campaigns, boycotts, and public relations. The Consumer Federation of America, which has 220 member groups, is the biggest consumer advocacy organisation in the United States.

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The treatment that is used to manage the symptoms of celiac disease is to stick to a gluten-free diet.

Currently, the only treatment for celiac disease is lifelong adherence to a strict gluten-free diet. People living gluten-free must avoid foods with wheat, rye, and barley, such as bread and beer.

Ingesting small amounts of gluten, like crumbs from a cutting board or toaster, can trigger small intestine damage.

Long-Term Health Effects

People with celiac disease have a 2x greater risk of developing coronary artery disease, and a 4x greater risk of developing small bowel cancers.

The treatment burden of celiac disease is comparable to end-stage renal disease, and the partner burden is comparable to caring for a patient with cancer.

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Answer:

Elastic demand means there is a substantial change in quantity demanded when another economic factor changes typically the price of the good or service, whereas inelastic demand means that there is only a slight or no change in quantity demanded of the good or service when another economic factor is changed.

Explanation:

Hope this helps

From,

1kvibing

Noor Bank, a UAE-based Islamic bank, underwent a significant transformation across seven dimensions to enhance its competitiveness in the market.

The first dimension was customer-centricity, where the bank focused on delivering personalized experiences to customers through digital channels. The second was innovation, where the bank introduced new products and services such as mobile banking and digital payments to cater to the evolving needs of customers.

The third was operational efficiency, where the bank streamlined its processes to reduce costs and improve productivity.

The fourth dimension was risk management, where the bank implemented a robust risk management framework to mitigate potential risks. The fifth was talent management, where the bank invested in employee training and development to build a high-performing workforce.

The sixth was sustainability, where the bank demonstrated its commitment to social and environmental responsibility through various initiatives.

Finally, the seventh dimension was collaboration, where the bank formed partnerships with other institutions to expand its reach and offerings. Through these transformations, Noor Bank has become a leading player in the UAE's banking industry and continues to innovate and grow.

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Complete question is:

Discuss how Noor bank transformed on seven dimensions?

the correct answer is c. technical skills

Preparing a budget is an example of technical skills under several management skills.

A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future spending and saving in addition to anticipated income and expenses.

However Budgeting is the act of estimating a company's income and expenses for a given time period. Examples include the sales budget created to project the company's sales and the production budget created to predict the company's output, among others.

There are four sorts of budgets that businesses typically employ: incremental, activity-based, value-based, and zero-based are the first four.

Therefore, One of the most crucial competencies for someone working in business management is budgeting. The fundamentals of budgeting involve setting goals and making choices on particular spending patterns. Understanding the fundamentals of business is the most crucial component of finance.

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The concepts of 50/50 and 40/40 emotional balance are often used in relationships and emotional relationships.

50/50 Emotional strength is a state in which two people in a relationship are equal in relation to each other and are willing to give equal weight to maintain the relationship. In this case, both parties give and receive equal incentives and share responsibility for the success or failure of the relationship. An example of 50/50 emotional strength in a good relationship is a couple who communicate well, listen to each other's needs, and encourage each other.

On the other hand, the 40/40 mindset is when both partners in a relationship focus on their own emotional needs and refuse to give their partners equal support.

In this case, neither partner is invested in the other's feelings, resulting in a lack of motivation and a contradictory relationship. An example of 40/40 emotional stability in a romantic relationship would be a couple in which one partner feels neglected and supported while the other focuses only on their own needs and feelings.

In general, the concept of emotional strength emphasizes the importance of joint initiatives in relationships and the benefits of motivation and balance between two partners.

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Answer:

) $275,000

Explanation:

The charge per square foot is $5.

The total square feet leased

=275ft x 200ft

=55,000 square ft.

The total cost of the annual rent is

=55,000 x $5

=$275,000

Answer: $275,000

Explanation: This is the correct answer.

Answet

45-24

Explanation:

503

Answer:

(c) discount rate

Explanation:

The discount rate is the interest rate at which a central bank lends money to commercial banks. When the central bank increases the discount rate, it becomes more expensive for commercial banks to borrow money from the central bank, and this can lead to an increase in interest rates in the broader economy. This is because commercial banks may pass on the higher borrowing costs to their customers in the form of higher interest rates on loans.

Open market operations refer to the buying and selling of government securities by a central bank in the open market, with the aim of influencing the money supply and interest rates.

Reserve requirements refer to the amount of money that commercial banks are required to hold in reserve by the central bank, as a proportion of their deposits.

Quantitative easing refers to the purchase of government securities or other financial assets by a central bank in order to inject more money into the economy and stimulate lending and economic growth.

It can begin service again approval is obtained from the regulatory authority.

The duration for an organization to recommence its services after enduring a foremost electricity malfunction relies on several elements, such as the character of the operation, the magnitude of destruction caused by the power cut-off, as well as the accessibility of supplies requisite to renew operations.

For instance, if the establishment is a minor retail outlet, it can possibly resume working once the power source is restituted and various necessary safeguards have been established. Conversely, if the business is a major production concern or informatics server, it could take longer to reinstate tasks due to the meticulously intricate facilities and networks entailed.

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Based on the cost of production by Stam Company, the overhead rate which is applied to the jobs are:

Data and Calculations:

                                                       Job 306           Job 307        Job 308

Balances on March 31

Direct materials used (in March)    $33,600         $41,900

Direct labor used (in March)           $24,600        $20,300

Overhead applied (March)              $12,300         $10,150

Costs during April

Direct materials used                     $139,000      $226,900     $102,000

Direct labor used                            $94,200       $161,500       $107,300

Overhead applied                           $55,600       $77,500       $52,500

                             ($94,200 × 50%)  ($161,500 × 50%)  ($107,300 × 50%)

Job 306 - $47,100

Job 307 - $80,750

Job 308 - $53,650

The overhead rate applied for Job 306 in April is:

= Direct labor cost x 50%

= 94,200 x 50%

= $47,100

The overhead applied for Job 307 in April is:

= 161,500 x 50%

= $80,750

The overhead for Job 308 in April is:

= 107,300 x 50%

= $53,650

Hence, based on the cost of production by Stam Company, the overhead rate applied to the jobs are calculated above.

The given question is incomplete, the complete question is-

Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.

Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal 4. Prepare a schedule of cost of goods manufactured for the month end April 30. Stam Company Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured.

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Mrs. Wyatt may or may not have been justified in her perception of the situation. It is possible that she felt that she was being ignored or treated unfairly, and that the bank employee was not taking her seriously.

Here are some factors that may have influenced Mrs. Wyatt's perception of the situation:

It is important to note that everyone experiences situations differently. What may seem like a minor inconvenience to one person could be a major source of frustration or anger for another. It is also important to remember that bank employees are human beings, and they are not perfect.

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Answer:

False

Explanation:

Promotion is promoting a product or service so that someone can buy it.

An unsecured loan would most likely be used to pay for a college. Option (b) is correct.

Unsecured loans do not require any form of collateral in order to be obtained. Based on your borrower's creditworthiness, the lender issues it to you. As a result, obtaining approval for an Unsecured Loan requires having great credit.

Unsecured loans include credit cards, personal loans, and student loans. Financial companies grant unsecured loans because there is no collateral, largely based on your credit score and track record of repaying previous obligations.

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A good research is seen as deductive in nature because it:

This refers to a careful and organized study as well as gathering of information about a specific topic.

When a research works explain causal relationships between concepts and variables, measures concepts quantitatively and generalize research findings to a certain extent, then, it is seen as a good research.

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Answer:

b) 2,000

Explanation:

sales price = $30

10% from each sale = $3

the amount of rent paid as a percentage of sales = $15,000 - $9,000 = $6,000

the indifference point in units = $6,000 / 10% revenue margin = $6,000 / $3 = 2,000 units

If Bates sells less than 2,000 units, then he should prefer option 2, but if he sells more than 2,000 units, then option 1 is better for him.

its like keeping the funds private and makeing sure no one knows alot about it

Answer:

Business deflation

Explanation:

it is a fall in aggregate of prices so it's a situation of business deflation