Portions of the financial statements for Horizon Telecom are provided below. HORIZON TELECOM Income Statement For the Year Ended December 31, 2018 Revenues $616,000 Expenses: Cost of goods sold $366,000 Operating expenses 118,000 Depreciation expense 25,000 Income tax expense 53,500 Total expenses 562,500 Net Income $ 53,500 HORIZON TELECOM Selected Balance Sheet Data December 31, 2018 Increase in accounts receivable $ 5,300 Increase in inventory 11,300 Decrease in prepaid rent 9,900 Increase in operating expenses payable 5,000 Decrease in accounts payable 7,400 Increase in income tax payable 21,900 Prepare the operating activities section of the statement of cash flows for Horizon Telecom using the indirect method. (Amounts to be deducted and negative values should be indicated by minus sign.)

Answer:

The maximum amount Spencer can claim as a deduction for charitable contributions in the current year is $5,000.

Explanation:

The following are the list of allowable deductions:

Cash Contribution to Church = $4,000

Excess of amount paid for art object at church bazaar over fair market value = $1,200 - $800 = $400

Fair market value used clothing donated to Salvation Army = $600

Total allowable deductions = Cash Contribution to Church + Excess of amount paid for art object at church bazaar over fair market value + Fair market value used clothing donated to Salvation Army = $4,000 + $400 + $600 = $5,000

The decision rule is that the total allowable deduction must be less than the 50% of adjusted gross income ceiling.

50% of adjusted gross income = Adjusted gross income * 50% = $60,000 * 50% = $30,000

Since the total allowable deductions of $5,000 is less than the $30,000 which is 50% of adjusted gross income,  the maximum amount Spencer can claim as a deduction for charitable contributions in the current year is $5,000.

My purpose: learn business programe at RMIT

My purpose: learn business programe at RMIT

To succeed in landing the job you want, you need to take the following steps:

Step 1: Identify the job that you want Before you start applying for jobs, you need to know what job you want. Identify the job position and the industry that you want to work in. Make a list of the companies that you would like to work for. Doing research about the company and job position is necessary to be able to tailor your resume and cover letter to match their requirements.

Step 2: Update your resume and cover letterThe resume and cover letter are two important tools in the job search process. It’s essential to keep them updated. It is essential to tailor the resume and cover letter for the job position you want. Be specific about the skills and experience that match the job description.

Step 3: NetworkIt’s important to network and make connections with people who work in your industry of interest. Networking could be done through LinkedIn, attending job fairs, or joining clubs or organizations that are related to your industry of interest.

Step 4: Job search engines and recruitment agencies Job search engines and recruitment agencies are excellent resources to help you find jobs in your industry of interest. Some of the popular job search engines are Indeed, Monster, and Glassdoor. Recruitment agencies are also helpful in finding jobs and have a database of available job positions.

Step 5: Prepare for the interview Once you land the job interview, it’s important to prepare and research the company and the job position. Prepare answers to common interview questions. Dress professionally and be on time. Show your enthusiasm and interest in the job position. Be confident and be yourself.

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Answer:

one sec i can help

Explanation:

To calculate the cost of capital for each source, we'll consider the cost of debt, cost of preferred stock, and cost of common stock.

1. Cost of Debt:

The cost of debt is the interest rate the company pays on its debt. In this case, the company has issued bonds with a par value of $50, currently selling at $60, and a coupon rate of 10% for 5 years.

Cost of Debt = (Interest Expense / (Bonds Market Value - Bond Discount)) * (1 - Tax Rate)

Interest Expense = Bonds Market Value * Coupon Rate

Bonds Market Value = Number of Bonds * Bond Selling Price

Number of Bonds = 10,000

Bond Selling Price = $60

Coupon Rate = 10%

Tax Rate = 35%

Interest Expense = $60 * 10,000 * 10% = $60,000

Bonds Market Value = 10,000 * $60 = $600,000

Bond Discount = Par Value - Bond Selling Price = $50 - $60 = -$10 (Negative value because the bond is selling at a premium)

Cost of Debt = ($60,000 / ($600,000 - (-$10))) * (1 - 0.35) = $6,000 / $600,010 * 0.65 = 0.064997 (approximately 6.50%)

2. Cost of Preferred Stock:

The cost of preferred stock is the dividend rate the company pays on its preferred stock. In this case, the preferred stock is issued at $150 with a promised dividend of $8 per share.

Cost of Preferred Stock = Dividend / Preferred Stock Price

Dividend = $8

Preferred Stock Price = $150

Cost of Preferred Stock = $8 / $150 = 0.053333 (approximately 5.33%)

3. Cost of Common Stock:

The cost of common stock is calculated using the dividend growth model. The dividend is expected to grow at different rates for different periods.

First 3 years: Dividend Growth Rate = 8%

Next 3 years: Dividend Growth Rate = 6%

Indefinite period: Dividend Growth Rate = 5%

Cost of Common Stock = Dividend / Current Stock Price + Growth Rate

Dividend = $2

Current Stock Price = Market Price

Growth Rate = Dividend Growth Rate

Cost of Common Stock = $2 / Market Price + Growth Rate

Weighted Average Cost of Capital (WACC):

The weighted average cost of capital is the weighted average of the costs of each source of capital, considering their respective proportions in the capital structure.

WACC = (Weight of Debt * Cost of Debt) + (Weight of Preferred Stock * Cost of Preferred Stock) + (Weight of Common Stock * Cost of Common Stock)

Weight of Debt = Debt / Total Capital

Weight of Preferred Stock = Preferred Stock / Total Capital

Weight of Common Stock = Common Stock / Total Capital

Debt = $100,000

Preferred Stock = $200,000

Common Stock = $600,000

Total Capital = Debt + Preferred Stock + Common Stock = $100,000 + $200,000 + $600,000 = $900,000

Weight of Debt = $100,000 / $900,000 = 0.111111 (approximately 11.11%)

Weight of Preferred Stock = $200,000 / $900,000 = 0.222222 (approximately 22.22%)

Weight of Common Stock = $600,000 / $900,000 = 0.666667 (approximately 66.67%)

WACC = (0.111111 * 6.50%) + (0.222222 * 5.

The cost of capital for each source can be calculated by determining the cost of debt, cost of preferred stock, and cost of common equity. The cost of debt is 8.33%, the cost of preferred stock is 5.33%, and the cost of common equity is 14.77%.

To find the cost of capital for each source, we will calculate the cost of debt, cost of preferred stock, and cost of common equity.

The cost of debt can be calculated using the formula: Cost of Debt = (Annual Interest Payment / Bond Price) x 100%. In this case, the bond price is $60 and the annual interest payment is 10% of the bond's par value of $50, so the cost of debt is (0.10 * $50 / $60) x 100% = 8.33%.

The cost of preferred stock can be calculated using the formula: Cost of Preferred Stock = Dividend / Stock Price. In this case, the dividend is $8 per share and the stock price is $150, so the cost of preferred stock is $8 / $150 = 5.33%.

The cost of common equity can be calculated using the Dividend Discount Model (DDM) formula: Cost of Common Equity = Dividend / Current Stock Price + Growth Rate. The growth rate for the first 3 years is 8%, for the following 3 years is 6%, and for an indefinite period is 5%. The dividend for common stock is $2 per share. The current stock price can be calculated using the market value of the common stock ($2 * 600,000 = $1,200,000) divided by the number of shares (600,000), which equals $2 per share. The cost of common equity is $2 / $2 + 0.08 + 0.06 + 0.05 = 14.77%.

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For the month of June, Cullumber Company reports using a periodic inventory system. The weighted-average unit cost  is $10.117, or $951 ÷ 94.

All purchases made between physical inventory counts are recorded in a purchases account under the periodic inventory system. After a physical inventory count, the balance in the purchases account is moved into the inventory account, where it is rebalanced to match the cost of the finished inventory. Simply put, to determine the weighted average, all data set values must first be multiplied by their respective weights. After that, add up the products that resulted and divide by the total weights. While managing rates, one will as a rule observe that the amount of loads is equivalent to 1 or 100 percent.

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Answer:

B. Exporting

Explanation:

Answer:Real estate property

Explanation:Real estate property

Daniel and Melissa have to pay real estate property tax for purchasing new house. The correct option is (c).

Real estate property tax refers to that amount which is paid by the owner of the property holder to the local government or Municipal Corporation according to the law of their country.

Real estate property refers to office buildings, commercial buildings, property, residential homes that are rented out to the third parties all these are considered under it. Householders pay this tax every year to the local government.

Calculate the property tax:

Property tax = base value × built up area ×age factor× type of building × category of use × floor factor.

Daniel and Melissa pay the property tax because it comes under the residential property. This tax shall be go to the local government. This real estate property tax paid by every year.

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The best way to describe these steps for recruiting, hiring, and onboarding a new employee would be through a hiring hierarchy. Option C.

First, there must be an assessment of the need for specialized personnel, so that the company can then start a structured recruitment/selection process based on requirements such as the employee's experience and education.

After the recruitment process, it is necessary to follow the steps of formalizing the registration of the new employee through a contract and other legal provisions. Integration is also essential so that the employee can adapt to the rules, team and organizational culture.

Therefore, the process of selecting, hiring and integrating a new employee into the company follows a series of essential steps that must be arranged in a hiring hierarchy, so that the process proceeds as planned.

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Answer:

C and D

Explanation:

A lender replaces your old loans with a new one that has a lower interest rate when you refinance A student loan

A student loan is a specific kind of loan intended to assist students in covering the costs of post-secondary education and related expenses, including tuition, books, and living costs. In comparison to other loan kinds, it could have a much cheaper interest rate and a deferred repayment plan while the borrower is still enrolled in school.

A lender replaces your old loans with a new one that has a reduced interest rate when you refinance. That can help you save money over time, starting with your first payment. Whether you'll find a rate that changes your life will determine when to refinance your student loans.

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If we assume that dividend has not yet been paid, the journal entry to record the declaration of the dividend would be:

The journal entry to record the declaration of the dividend is Debit: Retained Earnings (or Dividends Declared) for $6,596 (0.74 x 8,900 shares) and Credit: Dividends Payable for $6,596

This entry increases the dividends declared or retained earnings account, which reduces the amount of retained earnings available for other purposes. It also creates a liability on the balance sheet called dividends payable, which represents the amount of the dividend that the company owes to its shareholders but has not yet paid out.

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Answer:

Explanation:

If we assume that dividend has not yet been paid, the journal entry to record the declaration of the dividend would be:

Debit to Retained Earnings for $6,596

Credit to Dividends Payable for $6,596

What is the Journal entry to record the dividend?

The journal entry to record the declaration of the dividend is Debit: Retained Earnings (or Dividends Declared) for $6,596 (0.74 x 8,900 shares) and Credit: Dividends Payable for $6,596

This entry increases the dividends declared or retained earnings account, which reduces the amount of retained earnings available for other purposes. It also creates a liability on the balance sheet called dividends payable, which represents the amount of the dividend that the company owes to its shareholders but has not yet paid out.

The pattern of the liquidity of the firm shows that The pattern indicate deteriorating liquidity position because liquidity ratio is decreasing year by year.

This is the term that has to do with the ease through which it would be able to convert assets to be come money. It could also be the ability to convert other forms of capitals to money. Cash is a liquid asset and can be said to be the most liquid of all assets.

Hence we can say that the firms liquidity from the period that we have here is indicative of deteriorating liquidity position because liquidity ratio is decreasing year by year.

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Since, the Company Executives have new laptops with PowerPoint 2013 installed , I would demonstrate the properties of PowerPoint 2013 in the presentation.

PowerPoint 2013 is a presentation software that allows you to create dynamic slide presentations. Slideshows can include animation, narration, images, videos, and much more.

The presentation will contain all the features of the PowerPoint and how to use them. The features include Presenter View, Color Picker, Play From and Motion Path End, Threaded comments, Switching accounts / SkyDrive integration.

Therefore, the presentation for the training session will include features about PowerPoint 2013 and how to use them.

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Answer:

FALSE

Explanation:

NO Canada is NOT an export because the Telecommunications equipment was produced in USA and not in CANADA which means that the USA is an export because USA manufactured or produced the TELECOMMUNICATIONS EQUIPMENT which was then sold to another country which is Canada, Based on this we can defined EXPORT as a trade that occur between two countries in which a country produced good or service in which such goods or service produced by this country is been sold to another country just as in the case of USA which produced Telecommunications equipment which was then sold to Canada which means that the USA which is the manufacturer of the Telecommunications equipment sold to Canada is the EXPORT.

Example of TELECOMMUNICATIONS EQUIPMENT include the following;

Routers,Telecommunication towers, Switches among other.

Answer:

cause how are illiterate people gonna read the newspaper? therefore: newspapers=not for people who can't read

Answer: False

Explanation:

For the goal to be concluded as reached, the research must follow rules that will enable the proper testing of the data.

One of those is that the sample chosen must be random and the other is that the sample size must be sufficient.

The sample here is not random as it is the first 100 units and it also has an insufficient size because a sample of more than 100 will be needed to adequately test this method.

We are therefore unable to conclude that the goal has been reached, yet.

Answer:

-0.417

Explanation:

Lerner Index in case of Cournot Oligopoly: LI = [-1 / nEd = P - MC/P]. Ed = Elasticity of demand, n = Number of times

-1 / nEd = P - MC/P

-1/6Ed = 5 - 3 / 5

-1/6Ed = 2/5

Ed = -1/6*5/2

Ed = -5/12

Ed = -0.41666666

Ed = -0.417

So, the price elasticity of the market demand is -0.417

Answer:

Summary of costs to be accounted for

Costs to be accounted for:            Materials         Conversion     Total

Beginning WIP                                   0                          0                  0

Costs incurred in the period         $142,800          $390,960     $533,760

Total costs to be accounted for   $142,800          $390,960     $533,760

Calculation of cost per equivalent unit

                                                       Materials         Conversion     Total

Total costs to be accounted for   $142,800          $390,960     $533,760

Total equivalent units                      35,700              32,580                        

Cost per equivalent unit                   $4                     $12              $16

Cost allocation

                                                       Materials         Conversion     Total

Units finished and transferred      $122,000        $366,000      $488,000

Ending WIP                                     $20,800          $24,960         $45,760  

Total costs to be accounted for    $142,800        $390,960      $533,760

Explanation:

beginning WIP 0 units

units started and completed 30,500

ending WIP 5,200

100% complete for materials

40% complete for conversion costs (2,080 EU)

total EU:

materials 35,700

conversion 32,580

total costs:

materials 35,700 x $4 = $142,800

conversion 32,580 x $12 = $390,960

total = $533,760

A bank Account Description is a type of financial account that is kept by a bank or other financial organisation and is used to record financial transactions between the bank and its clients.

To open an account, you must select a bank and give that bank the required documentation, such as identity and proof of address. Typically, in order to qualify, you must be at least 18 years old. To avoid fees, you may also need to fill the account or maintain a minimum level.

When you open a bank account, you are given a specific set of digits called a bank account number. Such numbers will be assigned by financial organisations to every account you have.

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The three details which Dawn should include on the label for retail sale at the store include the following:

A product label can be defined as a paper document that is designed and developed to provide specific information about the chemical elements, ingredient list, nutrients, storage guidelines, and other chemical compounds that are present in a product and its general use or function, including storage guidelines.

This ultimately implies that, a product label is a paper document which must be used by manufactures and store managers to specify the nutrients, ingredient list, chemical elements, storage guidelines, expiry date, and other compounds that were used to make a particular product.

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Answer:

The price elasticity of demand is the percentage change in the quantity demanded of a good or service divided by the percentage change in the price. The price elasticity of supply is the percentage change in quantity supplied divided by the percentage change in price

Tο the CC Cοffee Bοard: Ratiο Evauatiοn, the grοss prοfit is divided by saes tο determine the grοss prοfit margin. After subtracting the cοst οf the prοducts sοd, it cacuates the pοrtiοn οf each pοund οf revenue that is sti avaiabe.

By dividing οperating prοfit by saes, οperatiοna prοfit margin is οbtained. It cacuates the pοrtiοn οf each pοund οf revenue that remains after a οperating cοsts have been paid. In 2023, CC Cοffee's οperating prοfit margin wi be 17.87% (545/3,050), up frοm 12.18% (361/2,800) in 2022. An imprοvement in cοmpany efficiency is indicated by the rising οperating prοfit margin.

Divide current assets by current iabiities tο get the current ratiο. It gauges a cοmpany's capacity tο pay οff its immediate οbigatiοns. In 2022, the CC Cοffee current ratiο was 1.39 (820/590); in 2023, it is 1.30 (818/629). Because οf the current ratiο's decine, it's pοssibe that the cοmpany may have sοme cash fοw prοbems.

The settement periοd fοr trade receivabes is cacuated by dividing revenue by the cοst οf saes and mutipying the resut by 365. It measures the average number οf days that it takes fοr the business tο pay its οutstanding trade payabes. Fοr CC Cοffee in 2023, the settement periοd was 33 days, whie in 2022 it was 38 days. The decrease in the settement periοd suggests that the business is cοecting mοre quicky.

The turnοver periοd is a financia ratiο that measures the average number οf days it takes fοr a cοmpany tο se its inventοry and cοnvert it intο saes revenue. A οwer turnοver periοd is generay better, as it indicates that a cοmpany is seing its inventοry faster and mοre efficienty. It is cacuated by dividing the average inventοry by the cοst οf gοοds sοd per day.

In 2023, CC Cοffee's grοss prοfit margin wi be 49.02% (1,495/3,050), up frοm 45.54% in 2022 (1,495/3,280). The imprοvement in the grοss prοfit margin is a sign that the cοmpany is becοming mοre prοfitabe.

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Answer: analyze, informational reports;

the use of contractions

Explanation:

Focused reports help managers (analyze) the challenge before recommending solutions. Reports that present data without conducting analysis are (informational reports)

b. The option that contributes to an informal writing style is ( the use of contractions). Other informal writing styles are:

• First-person pronouns

• Active-voice verbs

• Conversational language

Answer:

it's not just the way you look like you do it and you don't want it was in the best place an artist would have said you would have been playing a little bit more and a little more of the time than you would be okay with a little more than one thing in a while you have a better th the better th and a lot more than a lot more to me for a while and it was the best thing in my office for the first one of the year now I think it is the most popular movie in a long sleeve and the better of the game end is a great deal of that is it for a while now and it's a good thing in this world and the other thing you have is the fact of that matter of the day for a good reason and the better th and more of a good thing to say

Answer:

Sole proprietors and partners have unlimited liability. The unlimited liability means that if you're unable to repay the debts of the business, your creditors can go after whatever you own

A solid business plan addresses a customers needs and offers a solution.

Generally, Business is an activity of providing goods and services in exchange for money. It includes all forms of trade conducted within a society, including bartering and exchange of services.

It is a major part of the economy and is an essential component of economic growth. Businesses can range from small, one-person operations to large, multi-national corporations.

The primary purpose of business is to create and provide goods and services to satisfy customers, generate profits, and create social value.

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Answer: Max is a 14-year-old dependent of his parents. During 2019, Max earned $1,800 working part-time jobs, and he received $1,500 of interest income from corporate bonds that were given to him last year. What is Max's 2019 taxable income? How much of Max's income is subject to the Kiddie Tax?

* Note: Please provide the calculations for your answer. Thanks!!!

Explanation: