On July 1, 2020, Big Corp. sold a parcel of land to Four Winds Inc. for $200,000 under an
instalment sale contract. Four Winds made a $60,000 cash down payment on July 1, 2020, and
signed a four year, 11% note for the $140,000 balance. The equal annual payments of principal and
interest on the note will be $45,125, payable on July 1, 2021, through July 1, 2024. The land could
have been sold at an established cash price of $200,000. Collection of the instalments on the note is
reasonably assured. Calculate interest income related to this note for 2020. Determine how the note
and interest should be presented on the 2020 balance sheet.
Date (A) Cash Receivable (B) Interest Income (C) Principal received = (A) - (B) NotesReceivableCarryingAmount
7/1/2020 $140000
7/1/2021 $45125

The piecewise function for income tax, t(i), is not continuous at i = 12,000. To make t(i) continuous at i = 32,000, the value of constant b needs to be determined.

Part a: To show that the function t(i) is not continuous at i = 12,000, we need to evaluate the limits from both sides of i = 12,000.

From the left-hand side, as i approaches 12,000, t(i) is equal to one-tenth times i. Therefore, the limit as i approaches 12,000 from the left is (1/10) * 12,000 = 1,200.

From the right-hand side, as i approaches 12,000, t(i) is equal to 755 plus 12 hundredths times (i - 11,000). Therefore, the limit as i approaches 12,000 from the right is 755 + (12/100) * (12,000 - 11,000) = 755 + 12 = 767.

Since the limit from the left (1,200) is not equal to the limit from the right (767), the function t(i) is not continuous at i = 12,000.

Part b: To make t(i) continuous at i = 32,000, we need to determine the value of constant b. We evaluate the limit from the left and the limit from the right as i approaches 32,000.

From the left-hand side, as i approaches 32,000, t(i) is equal to 755 + 12 hundredths times (i - 11,000). Therefore, the limit as i approaches 32,000 from the left is 755 + (12/100) * (32,000 - 11,000) = 755 + 252 = 1,007.

From the right-hand side, as i approaches 32,000, t(i) is equal to 4,500 plus b times (i - 35,000). To make t(i) continuous, the limit from the right must be equal to the limit from the left, which is 1,007.

Setting up the equation, we have 4,500 + b * (32,000 - 35,000) = 1,007. Simplifying the equation, we get b * (-3,000) = 1,007 - 4,500, which results in b = (1,007 - 4,500) / (-3,000) = -0.497.

Therefore, the value of constant b that makes t(i) continuous at i = 32,000 is approximately -0.497.

Learn more about income here : https://brainly.com/question/31552040

#SPJ11

Yes, the service will make at least 12% per year compounded monthly over a period of 3 years.

The present value of the income from the service for the first year is calculated as the monthly income of $70 for 12 months. The present value of the income for the second year is calculated as the monthly income of $70 for 12 months, multiplied by (1 + 0.01) raised to the power of 12, which is the compound interest rate per month.

Similarly, the present value of the income for the third year is calculated as the monthly income of $70 for 12 months, multiplied by (1 + 0.01) raised to the power of 24, which is the compound interest rate per month.

The tof the income for the three years is the sum of the present values of the income for each year. The present value of the equipment and setup cost is $950.

Therefore, the net present value (NPV) of the service is the difference between the total present value of the income and the present value of the cost. If the NPV is positive, the service will make at least 12% per year compounded monthly over a period of 3 years.

The NPV can be calculated using a financial calculator or spreadsheet software. For example, using a spreadsheet software, the NPV can be calculated with the formula

=NPV(0.01/12,{950,-950,70*12,70*12*(1+0.01)^12,70*12*(1+0.01)^24}).

The result is approximately $362.

Therefore, the service will make at least 12% per year compounded monthly over a period of 3 years.

Learn more about net present value here:

https://brainly.com/question/33465349

#SPJ11

B. The cost of the items that are available for sale is equal to the beginning inventory plus the cost of the goods that were purchased.

Starting inventory equals sales (COGS) plus ending inventory minus purchases (inventory added to stock). Sales (COGS) is the cost of goods sold, ending inventory is the inventory value at the conclusion of the accounting period, and purchases are the total amount of inventory added to stock during the accounting period.

Returns, allowances, and discounts can be subtracted from the total sales figure to determine net sales. Net Sales are calculated as follows: Total Sales - Refunds, Allowances, and Discounts.

To know more about  Beginning inventory visit:

https://brainly.com/question/30270658

#SPJ1

a. The fraction defective in each sample is: Sample 1: 0.0254, Sample 2: 0.0152, Sample 3: 0.0305, Sample 4: 0.0457
b. Our estimate of the true fraction defective is 2.92%.
c. The estimate of the mean and standard deviation of the sampling distribution are: Mean: 0.0292 , Standard deviation: 0.0060
d. The control limits that give an alpha risk of 0.03 are approximately 0.0215 and 0.0370.
e. The alpha risk given control limits of 0.047 and 0.011 is approximately 0.0002.
f. Yes, the process is in control using control limits of 0.047 and 0.011.
g. The values of the mean and standard deviation of the sampling distribution, assuming a long-term fraction defective of 2 percent, are: Mean: 0.02, Standard deviation: 0.0056
h. The process is not in control when assuming a fraction defective of 2 percent and using two-sigma control limits.

a. To determine the fraction defective in each sample, we divide the number with errors by the total number of samples in each case.

Sample 1: \(\frac{5}{197} = 0.0254\)
Sample 2: \(\frac{3}{197} = 0.0152\)
Sample 3: \(\frac{6}{197} = 0.0305\)
Sample 4: \(\frac{9}{197} = 0.0457\)

b. Since the true fraction defective for this process is unknown, our estimate is the average fraction defective across all the samples.

\(\frac{{0.0254 + 0.0152 + 0.0305 + 0.0457}}{4} = 0.0292\)

Our estimate is 2.92%.

c. To estimate the mean and standard deviation of the sampling distribution of fractions defective, we use the formulas:

Mean = True fraction defective = 0.0292
Standard deviation = \(\sqrt{\frac{{p(1-p)}}{n}}\), where p is the estimated fraction defective and n is the sample size.

Using the values, we get:
Standard deviation = \(\sqrt{(\frac{{0.0292(1-0.0292)}}{197})}\) = 0.0060

d. To find the control limits that give an alpha risk of 0.03, we use the formula:

z = \(invnorm(1 - (alpha/2))\), where alpha is the desired alpha risk.
The formula for the control limits is: Upper limit = \(p + z * \sqrt{(\frac{{p(1-p)}}{n})}\), Lower limit = \(p - z * \sqrt{(\frac{{p(1-p)}}{n})}\)

Using alpha = 0.03, we find z = 2.1701.

Upper limit = 0.0292 + 2.1701 * \(\sqrt{(\frac{{0.0292(1-0.0292)}}{197})}\) = 0.0370
Lower limit = 0.0292 - 2.1701 * \(\sqrt{(\frac{{0.0292(1-0.0292)}}{197})}\) = 0.0215

e. To find the alpha risk given control limits of 0.047 and 0.011, we use the formula:

z = \(\frac{(Upper limit - p)} { \sqrt{(\frac{{p(1-p)}}{n})}}\)
Using the values, we get:
z = \(\frac{(0.047 - 0.0292)} { \sqrt{\frac{((0.0292(1-0.0292))}{197})}}\) = 3.7676
alpha risk = \(2 * (1 - normdist(z))\) = 0.0002

f. The process is in control if the estimated fraction defective falls within the control limits.
Using control limits of 0.047 and 0.011, the estimated fraction defective is 2.92%, which falls within the control limits. Therefore, the process is in control.

g. If the long-term fraction defective of the process is known to be 2 percent, the values of the mean and standard deviation of the sampling distribution are:

Mean = True fraction defective = 0.02
Standard deviation = \(\sqrt{(\frac{{p(1-p)}}{n})} = \sqrt{\frac{(0.02(1-0.02))}{197})}\) = 0.0056

h. To construct a control chart for the process, assuming a fraction defective of 2 percent and using two-sigma control limits, we calculate the control limits using the formulas:

Upper limit = p + 2 * \(\sqrt{\frac{{p(1-p)}}{n}}\)
Lower limit = p - 2 * \(\sqrt{\frac{{p(1-p)}}{n}}\)

Using p = 0.02 and n = 197, we get:
Upper limit = 0.02 + 2 * \(\sqrt{\frac{(0.02(1-0.02))}{197}}\) = 0.0249
Lower limit = 0.02 - 2 * \(\sqrt{\frac{(0.02(1-0.02))}{197}}\) = 0.0151

Since the estimated fraction defective of 2.92% falls outside the control limits, the process is not in control.

Learn more about standard deviation from the given link

https://brainly.com/question/475676

#SPJ11

Answer:

lol ummmmmmmm how abt d

An emergency fund should NOT be used for a last minute school trip.  Option 3

An emergency fund is typically intended to cover unexpected and urgent expenses that could not have been anticipated or budgeted for in advance. It is important to use your emergency fund wisely and not to deplete it for non-essential expenses.

Based on that, it is generally not recommended to use your emergency fund for a last-minute school trip or repairing your laptop that you use for homework, as these expenses are not urgent or unexpected.

On the other hand, using your emergency fund to cover a sudden health issue that requires care or fixing a blown tire on your car that you use to get to work can be considered legitimate uses of the fund, as they are unforeseen and necessary expenses.

It is important to have a clear understanding of what constitutes an emergency and to use your emergency fund accordingly to ensure that it remains available to cover truly urgent and unforeseen expenses.

Read more on emergency funds here:https://brainly.com/question/13420184

#SPJ1

Answer:

C. a last minute school trip

Explanation:

Answer:

Globalization is the process of integration among individuals, businesses, and governments.

Answer Choices:

Make sure to include the answer choices next time, hope this helps!

The statement which correctly describes globalization is that: it is a process of integration among individuals, businesses, and governments.

Globalization can be defined as a strategic process that involves the integration of various markets comprising individuals and business firms across the world, so as to enhance the continuous buying and selling of goods and services.

This ultimately implies that, globalization is a process of integration among individuals, business firms, and governments, in order to continually produce goods and services that are used by consumers across the world.

Read more on globalization here: https://brainly.com/question/23711616

#SPJ2

Rhett must include a total of $1,850 in his gross income. This amount is derived from his $450 winnings at the slots and $1,400 winnings at poker, which totals $1,850.

To calculate Rhett's gross income from gambling, we subtract his total gambling losses from his total gambling winnings:

Gross income from gambling = Total gambling winnings - Total gambling losses

Gross income from gambling = $1,850 - $800

Gross income from gambling = $1,050

Therefore, Rhett must include $1,850 in his gross income, which is the total amount of his gambling winnings. The gambling losses can only be used to offset gambling winnings and reduce the tax liability on the net gambling income, but in this case, Rhett has no losses to offset his winnings.

Learn more about gross income: https://brainly.com/question/13793671

#SPJ11

Answer:

1. It will cause them confusion throughout the tax calculating process.

2. Using a single account will make it difficult to keep payroll records.

3. Keep track of your personal expenses and earnings.

Explanation:

1. It is preferable to establish a separate account to separate the firm's actual income and expenses.

2. Payroll expenses are indistinguishable from personal expenses.

3. This allows you to cross-check bank and hand-made documents for income and expenses. Because cash transactions may not be recorded in the bank account, the entrepreneur should preserve receipts in order to compute revenue and expenses, which may result in erroneous financial statements.

Answer:

this could be a hard lead if this has to do with writing an article of some sort Explanation:

The option that is not true about process layouts when they are compared to product layouts is the one which states that "lower rates of output" is true. Hence, option E is the correct answer.Option E: lower rates of output.

Process layouts involve grouping identical processes together, making it easier to move goods through the plant to the required process. A process layout is advantageous when the processing of different parts or products is sporadic or when the goods have non-uniform processing conditions.Process layouts are different from product layouts in several ways. Process layouts tend to have a higher in-process inventory, require more involved cost accounting, and have a lower span of supervision, resulting in higher unit costs. Process layouts, on the other hand, can achieve lower rates of output, resulting in higher unit costs. Option E is the correct answer.Option E: lower rates of output.

Learn more about product layouts:

https://brainly.com/question/30199514

#SPJ11

Answer:

The building envelope of a usually consists of its roof, sub floor, exterior doors, windows and exterior walls. 

The definition of a qualifying child applies to the Earned Income Tax Credit (option b) specifically, as it determines eligibility for this tax benefit.

A qualifying child is a key factor in determining eligibility for the Earned Income Tax Credit (EITC). The EITC is a tax benefit for low-to-moderate-income individuals and families that is designed to provide financial assistance and reduce the overall tax burden. To claim the EITC, you must meet certain criteria, including having a qualifying child.

A qualifying child must meet specific requirements related to age, relationship, residency, and dependency.

These requirements ensure that the child is a legitimate dependent and that the taxpayer is eligible for the tax credit. Meeting the definition of a qualifying child allows taxpayers to claim the EITC, which can provide significant financial support and potentially result in a tax refund.

Learn more about the Earned Income Tax Credit

brainly.com/question/29653839

#SPJ11

The answer is D) drawing conclusions about the company’s overall business situation.

SWOT analysis is an assessment of a company's strengths, weaknesses, opportunities, and threats (SWOT). It entails identifying and examining a company's internal and external conditions in order to understand its overall situation. Drawing conclusions about a company's overall business situation is not part of conducting a SWOT analysis.

The answer is D) drawing conclusions about the company’s overall business situation.  When it comes to conducting a SWOT analysis, here are some of the important points to consider:Conduct a thorough analysis of your company's internal strengths and weaknesses as well as its external opportunities and threats.Using SWOT analysis, try to identify the key areas where your company can improve its position.

Assess the value of your company's assets in order to determine which resources can be leveraged for strategic advantage.Identify the external threats and opportunities that your company may face. This will assist you in developing an action plan that can help you protect your company and grow its market share.

Conclusion:SWOT analysis is an essential component of strategic planning, and it may be used in a variety of industries and company types. It is critical to make informed decisions and develop effective strategies by identifying the strengths and weaknesses of your company and the opportunities and threats that it faces.

The goal of SWOT analysis is to help businesses to determine the best strategies for success.

Know more about SWOT analysis here,

https://brainly.com/question/19626045

#SPJ11

Answer:

The question would be written again below with options attached this time, so as to aid understanding.

Identify the members of the supply chain who are affected by a high forecast. (Check all that apply.) Multiple select question. A. The firms that own the supply chain incur the expenses of high forecasting. B. The operations managers pay for the costs incurred due to high forecasting. C. The workers pay for the costs incurred due to high forecasting. D. The customers pay for it in the form of higher prices.

The Correct Answer is: Option A (The firms that own the supply chain incur the expenses of high forecasting), and Option D (The customers pay for it in the form of higher prices).    

Explanation:      

Forecasting is a key process that helps companies, firms make financial and operational decisions through the act of predicting demand, supply of a  market. Forecasting helps the firm plan for future price and price fluctuations, and it also helps firms make enough research on the right supply of goods that would be necessary to satisfy demand.              

The customers, from the answer selected, are key members of the supply chain as their tastes, opinions, affect the supplier decisions. High forecast makes the customers pay for it in the form of higher prices.

The firms that own the supply chain incur the expenses of a high forecast. Firms use forecasting to help them develop business strategies. Firms make adequate research on how high forecast affects other members of the supply chain.

Answer:

To remove unfair discrimination To promote equity in the workplace To remove the barriers of the past The Employment Equity Act No.55 of 1998 governs the way in which we conduct opportunity in the workplace and aims to ensure that fair and equal treatment of employees takes place.

Explanation:

hope this helps

$33534.73 should be deposited today to reach the goal assuming on other deposits.

Let the lump sum be P.

The interest, I, on a rate, R%, per annum after T years is given by

                              I = PRT/100

The amount, A, is

      A = P + I = (1 + RT/100)

After 2 years at 4.5% interest rate, the amount is

A = P( 1 + 4.5 × 2 /100)

  = 1.09P

$7500 is added after 2 years. The principal for the beginning of the third year is then

                 1.09P + 7500

The amount after the next 3 years is

A = ( 1.09P + 7500) (1 + 4.5 ×3/100)

  = (1.09P + 7500) × 1.135

This is the amount expected to be saved.

5000 = (1.09P + 7500) × 1.135

Solving for P, we have

    1.09P + 7500 = 44052.86

⇒  1.09P = 36552.86

⇒ P = 33534.23

Learn more about Deposit:

https://brainly.com/question/29454677

#SPJ4

The partial measure of productivity is option (d) All of these: Output/Inputs.

The partial measure of productivity is obtained by dividing the output by the inputs used in the production process. It considers various resources used, including labor, capital, energy, and materials. Therefore, the formula for calculating the partial measure of productivity is Output/Inputs.

In option (a), Output/All resources used, the denominator includes all resources, which is the same as considering all inputs. Option (b), Output/(Labor + Capital + Energy), considers the three specific types of inputs. Option (c), Output/Materials, focuses solely on materials as inputs. However, option (d), Output/Inputs, is the most comprehensive and inclusive measure, as it encompasses all inputs used in the production process.

Learn more about measure of productivity

brainly.com/question/20382981

#SPJ11

Tag: #SPJ11

Based on macroeconomic theory and financial regulations policies, the Central Bank is the institution designed to control the quantity of money in the economy and oversee the "safety and stability of the banking system."

Central Bank is crucial in the development of the nation's financial institutions and economy.

Some other roles of the Central Bank include the following:

Hence, in this case, it is concluded that Centra Bank is vital in the economic development of any nation.

Learn more here: https://brainly.com/question/491958

This is an example of technological convergence. Technological convergence refers to the merging or integration of different technologies into a single device or platform.

In this case, major cell phone manufacturers have incorporated digital photo and video capabilities, as well as GPS functionality, into their phones.

This convergence allows users to capture photos and videos, as well as utilize GPS for location-based services, all in a single device.

Learn more about convergence here : brainly.com/question/29258536
#SPJ11

The recommendations provided in the article and additional research emphasize the need for companies to go beyond traditional methods of attracting and retaining talent. While compensation and benefits are important, factors such as workplace culture, work-life balance, career growth opportunities, and a sense of purpose are crucial for employee satisfaction, engagement, and commitment.

The article rightly points out that employees today have different expectations from their employers. It suggests that companies need to focus on creating a positive workplace culture that fosters collaboration, inclusivity, and work-life balance. This includes providing flexible work options, recognizing and rewarding employee contributions, and investing in professional development and career growth opportunities. By offering a sense of purpose and aligning company values with employee values, organizations can attract and retain top talent who seek meaningful work experiences.

Another challenge companies should consider is the increasing competition for talent. With the rise of remote work and the global nature of talent acquisition, organizations need to adapt their recruitment strategies to attract candidates from diverse backgrounds and locations. Utilizing technology and digital platforms can help expand the talent pool and reach a wider range of potential candidates.

In terms of retaining employees, companies should focus on creating a supportive and inclusive work environment that values employee well-being and provides opportunities for growth and advancement. Regular feedback, clear communication, and recognition of employee achievements are vital in fostering engagement and commitment. Offering work-life balance initiatives, such as flexible schedules or remote work options, can also contribute to employee satisfaction and retention.

As an AI language model, I don't have personal experiences or preferences. However, employees often value factors such as meaningful work, a supportive and collaborative work environment, opportunities for learning and career development, recognition for their contributions, and a healthy work-life balance. Companies that prioritize these aspects alongside compensation and benefits are more likely to retain talented employees who are motivated, engaged, and committed to their work.

Learn more about professional development here:

https://brainly.com/question/33053847

#SPJ11

The inventory costing method that reports the earliest costs in ending inventory is  LIFO.

The LIFO (Last-In-First-Out) method is an inventory valuation method where the goods procured recently are considered to be sold first while the oldest goods are considered in the ending inventory.

It displays the ending inventory's earliest expenses. When inventory is valued at cost and the purchase price remains unchanged, it is also a way of the cost that will produce the highest net income. Additionally, it allocates the most recent costs to the cost of goods sold. The generally accepted accounting standards (GAAP) have been applied to this system, which is solely employed in the United States

For more questions like Inventory click the link below:

https://brainly.com/question/14835995

#SPJ4

Answer:

C. budgeting

Explanation:

The main components of money management that involve creating a plan for spending and saving during particular periods, such as a year, month, or week is known as BUDGETING

Budgeting is a part of the components of money management. It is an act of estimating the total expenses and income that deals with establishing a plan for spending and saving and usually gathered and regularly re-examine, including yearly, monthly, or weekly

Answer:

Solicited for a bid from the supplier.

Explanation:

Solicited for a bid from the supplier should Nate have done differently. Thus, option (a) is correct.

What is supplier?

The term supplier refers to supplies of the raw material and the goods. The supplier was the always part of the company to provide the customer the goods and the services. Suppliers provided the  transportation of those materials. Suppliers are the mediator of the supply chain.

A bid is solicited, it signifies the target is actively looking for a buyer and wants to be bought as the supplier. These offers—also known as those that have the support of the management of both companies are frequently referred to as “friendly takeovers.” Solicitation bids, submission bids, and selection bids are the three different categories of bids.

As a result, the solicited for a bid from the supplier have the differently done. Therefore, option (a) is correct.

Learn more about on supplier, here:

https://brainly.com/question/27375800

#SPJ2

Answer:

d. then both GDP and consumption spending will be higher

Explanation:

In case when the consumer purchased a burger and the fries to the favorite of his fast-food restaurant than it leads to an increase in the spending of the consumer and the Gross domestic product

As if the consumer spends his money so automatically his consumer spending risen also leads to the increase in gross domestic product.

Therefore the last option is correct

Answer:

Try A. Federal Pell Grant

Answer:

answer : b

Explanation:

cauise

Sam Wilson's Marvel Corporation team refers to him as "the motivator" since he consistently encourages his coworkers to put in more effort. Belbin team members play "shapers" duties. Sam is enacting.

To learn more about Belbin's theory refer,

https://brainly.com/question/29370287?referrer=searchResults

#SPJ4

Answer:obtain a bachelors degree in accounting

Explanation: