MACRS stands for Modified Accelerated Cost Recovery System. It is the current tax depreciation method that US businesses use when calculating the depreciation of assets such as equipment, machines, and real property.
The depreciation rate depends on the class to which an asset belongs.The proper methodology for computing the depreciation expense for year 3 if the equipment is classified as 5-year property for MACRS.The MACRS rates are 20 percent, 32 percent, 19.2 percent, 11.52 percent, and 5.76 percent for years 1 to 6, respectively is given below:Year 1: 20% × $650,000 = $130,000Year 2: 32% × $650,000 = $208,000Year 3: 19.2% × $650,000 = $124,800.Therefore, the depreciation expense for year 3 if the equipment is classified as 5-year property for MACRS and the MACRS rates are 20 percent, 32 percent, 19.2 percent, 11.52 percent, and 5.76 percent for years 1 to 6, respectively is $124,800.
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Using the chart, identify an example of absolute advantage for the United States over either Country A or Country B. Be sure to identify the product and the country. Explain how the availability and use of a natural resource may impact advantage.
Answer:
Absolute advantage is the advantage that a country has when it can produce a particular good or service at a lower cost than other countries.
Explanation:
The United States, in particular, has absolute advantage in the production of oil. Currently, the U.S. is the largest oil producer in the world, with around 15 million barrels a day.
This advantage occurs because the United States has ample oil deposits, both conventional and non-conventional (non-conventional deposits are those that can only be exploited through fracking), and also because the U.S. has the technical capacity, both in terms of infrastructure and human capital, to exploit those oil deposits in a satisfactory manner, and more importantly, in a more efficient and cheaper way than most other countries in the world.
Which social networking service did people from around the world use to participate in the Social Good Summit?
Answer:
Mashable
Explanation:
Mashable is a global, multi-platform media and entertainment company. It is a go-to source for tech, digital culture and entertainment content for its dedicated and influential audience around the globe.
the process of securing an operating system is called hardening. true false
The statement is true that the process of securing an operating system is called hardening. It involves implementing various security measures to make the system less vulnerable to cyber attacks and unauthorized access.
Hardening can include configuring firewalls, setting up access controls, enabling encryption, updating software, and applying patches. By hardening an operating system, organizations can reduce the risk of data breaches and protect sensitive information.
Hardening is an ongoing process that requires constant monitoring and updating to ensure the security measures remain effective against evolving cyber threats. In summary, hardening is an essential aspect of securing an operating system and should be prioritized by organizations to safeguard their assets and reputation.
Therefore, the statement is true.
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Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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The _____ is an international bank that normally provides short-term loans to countries that are unable to meet their budgetary expenses.
Answer:
international monetary fund
Explanation:
The international monetary fund is an international bank that normally provides short-term loans to countries that are unable to meet their budgetary expenses.
What is international monetary fund?The IMF is a group of 189 member nations that seeks to promote international monetary cooperation, ensure financial stability, ease trade between nations, encourage high employment and long-term economic growth, and lessen poverty worldwide.
The IMF offers financial support and collaborates with nations to guarantee prudent spending. The IMF provides a range of loans that are specifically suited to the needs and unique circumstances of each nation. Low-income nations receive loans with zero interest.
Their methods for attaining this common objective are complementary: the World Bank focuses on long-term economic development and poverty reduction, while the IMF emphasizes macroeconomic and financial stability.
Thus, international monetary fund.
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Question 8 of 20 Which of the following reasons for writing a formal business document would lead you to write a proposal?
A. To tell your manager a project is on budget and on schedule
B. To summarize what happened during a meeting
C. To convince your manager to use a new meeting organization tool
D. To describe what tasks you completed during the week
Answer: i say A
Explanation:
Answer:
cc just did it
Explanation:
What resource outlines documentation requirements for MTM services, participation guidelines and other critical program information for OutcomesMTM
Answer: Policy & Procedure Guide
Explanation:
It should be noted that the MTM services can be performed by licensed pharmacist who have completed an outcomesMTM training or the students who are sounder a licensed pharmacist supervision.
Policy & Procedure Guide outlines documentation requirements for MTM services, participation guidelines and other critical program information for OutcomesMTM.
Question 9 of 10
Why is it important to meet people who work in the career you're considering?
A. It's the best way to fully understand what the career involves.
B. It's quicker than actually taking an internship in the field.
C. It's a good way to impress college admissions staff.
D. It ensures that you'll be able to get a good job in the field.
On January 1, 2020, Novak Company purchased at par 5% bonds having a maturity value of $240,000. They are dated January 1, 2020, and mature January 1, 2025, with interest received on January 1 of each year. The bonds are classified in the held-to-maturity category.
(a) Prepare the journal entry at the date of the bond purchase.
(b) Prepare the journal entry to record the interest revenue on December 31, 2020.
(c) Prepare the journal entry to record the interest received on January 1, 2021.
(a) Journal entry at the date of the bond purchase:
Debit: Bonds Payable - Held-to-Maturity $240,000
Credit: Cash $240,000
(b) Journal entry to record the interest revenue on December 31, 2020:
Debit: Interest Receivable $12,000
Credit: Interest Revenue $12,000
(c) Journal entry to record the interest received on January 1, 2021:
Debit: Cash $12,000
Credit: Interest Receivable $12,000
(a) When Novak Company purchases the bonds, they would debit Bonds Payable - Held-to-Maturity for the face value of the bonds ($240,000) and credit Cash for the same amount, representing the cash outflow for the bond purchase.
(b) On December 31, 2020, Novak Company accrues the interest revenue earned on the bonds. They would debit Interest Receivable for the interest amount ($12,000) and credit Interest Revenue, recognizing the revenue.
(c) On January 1, 2021, Novak Company receives the interest payment. They would debit Cash for the interest amount ($12,000) and credit Interest Receivable, reducing the amount owed from the bond issuer.
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when local government relationships are critical to the success of international operations, the best organizational structure for a firm would be .
when local government relationships are critical to the success of international operations, the best organizational structure for a firm would be geographic regions.
A geographical organizational structure organizes people within an organization by geographic location.
This structure creates specific divisions for each location. Each division acts as if it is its own company, combining different types of personnel for various business functions.
Therefore, when local government relationships are critical to the success of international operations, they need a geographical organizational structure.
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a discount on a purchase was debited to merchandise inventory and a credit to accounts payable at the time the entry was recorded. this error will cause:
When a discount on a purchase is debited to merchandise inventory and a credit to accounts payable is recorded, this error will cause a distortion in the inventory valuation and financial statements of the company.
This is because the discount should have been recorded as a reduction in the accounts payable, and not in the inventory.
The merchandise inventory account is used to record the cost of goods purchased by the company and held for sale. On the other hand, accounts payable is used to record the company's obligations to pay its suppliers for goods or services received on credit.
By incorrectly debiting the discount to the inventory account, the cost of goods sold will be understated, and the inventory will be overstated. This will result in a higher net income, higher gross profit, and higher inventory levels, which can be misleading to the company's management, investors, and creditors.
Moreover, this error can also affect the company's tax liabilities, as taxes are based on the company's reported net income. Therefore, if the error is not corrected, it can result in penalties, fines, and potential legal liabilities.
To correct this error, the company needs to make an adjusting entry that debits accounts payable and credits the merchandise inventory for the amount of the discount. This will reduce the inventory and increase the accounts payable, which will correctly reflect the company's liabilities and expenses.
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quantitative assessments of sales performance may be based on output-related measures, such as
Quantitative assessments of sales performance may be based on output-related measures, such as new lead generation, sales quotas, and sales increases over the previous evaluation period. The correct answer is option A.
Statistical evaluations of sales performance may be based on indicators of output, such as fresh lead generation, new sales, and customer billing, the creation of fresh leads, sales targets, and sales growth from the preceding evaluation period, the selection, training, and hiring of fresh salespeople.
Input measurements that are typically employed include the quantity of sales calls made, selling expenses associated with those sales, and the quantity of reports given to superiors. The dollar or unit sales volume, the last year/current sales ratio, the creation of new accounts, and the profit realised are frequently used as output measurements.
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The question is incomplete, complete question is mentioned below.
Quantitative assessments of sales performance may be based on output-related measures, such as
A. new lead generation, sales quotas, and sales increases over the previous evaluation period
B. dollar or unit sales volume, last year/current year sales ratio, and new accounts generated
C. selling expenses, profits generated, and emotional intelligence quotient
D. recruitment, selection, and training of new sales representatives
What are 20 things to do at home when I have nothing to do and have done all my online school?
Which of the following would cause a decrease in supply of good? . A- the price of a complementary good decreases B- the price paid for a labor decreases c-the price of a substitute good increases D- the price of Key raw material increases
Answer:
D- the price of Key raw material increases
Explanation:
Supply is the size or quantity of goods and services that sellers are willing to avail to the market at a set price. By supplying products and services, suppliers satisfy a need in society and also make profits. As business people, suppliers will be happy to sell more when the profit margins are high.
An increase in the price of a key raw material increases the cost of production. Suppliers may lack sufficient resources to purchase the raw material at a high price, which decreases production. Again, the increased cost of production reduces the profits margin from the product. A reduction in profits margin makes a business unattractive to suppliers.
The other options decrease the cost of production, which results in a higher output.
when a firm integrates the competitive strategies of cost-leadership and differentiation, it will most likely result in
A summary budget, one that contains the combined information of the flexible and operating budgets and is compiled
annually for the consideration of upper management, is called a____
-master
-operating
-industry standard
-start up
-accounting
Answer:
master
Explanation:
A master budget is an integration of all other functional budgets such as sales, purchases, marketing, and production. It is prepared when all the other budgets have been completed. The master budget is a summary budget that indicates the planned activities of the business for the coming period.
Master budgets have to be approved by the top management before implementation. A Master Budget shows the projected operating profit of the company for the coming financial period. It also portrays how the balance sheet will be at the close of the period.
What is the difference between revenue and marginal revenue?
While marginal revenue is the additional income received from the sale of a single additional unit of a good or service.
Since it represents the extra money received by selling an extra unit, marginal revenue is directly related to total revenue. The overall revenue will keep rising so long as the marginal revenue exceeds the marginal cost of generating a new unit. Companies frequently see a decline in overall revenue if the marginal cost exceeds the marginal revenue.
While both types of revenue are related to a company's overall earnings, marginal revenue solely relates to the assessment of enhanced earnings when selling an additional good or service, whereas total revenue is the sum of all profits. In other words, a unit increase in sales will result in a marginal revenue increase of any total income.
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a 5-year u.s. treasury bond has a yield of 2.4%, while a 10-year aaa corporate bond has a yield of 5.6%. the primary cause(s) of the difference in yield between the two bonds is likely…
The primary cause of the difference in yield between the 5-year U.S. Treasury bond and the 10-year AAA corporate bond is likely a combination of factors, including the default risk premium, interest rate risk premium, and liquidity premium. Option D is correct.
Default Risk Premium; The AAA corporate bond carries a higher yield than the U.S. Treasury bond due to the higher credit risk associated with corporate issuers. Investors demand compensation for the potential default risk of the corporate bond, which is reflected in the higher yield. This is an example of the default risk premium.
Interest Rate Risk Premium; The 10-year corporate bond has a longer maturity compared to the 5-year Treasury bond. With a longer time horizon, there is an increased possibility of changes in interest rates over the bond's life. Investors demand a higher yield to compensate for the additional interest rate risk associated with longer-term bonds. This is an example of the interest rate risk premium.
Liquidity Premium; U.S. Treasury bonds are considered highly liquid and have a deep market, making them easier to buy and sell. On the other hand, corporate bonds may have lower liquidity and a narrower market, which makes them less attractive and potentially riskier for investors. Investors may require a higher yield for corporate bonds to compensate for the lower liquidity and the associated liquidity risk. This is an example of the liquidity premium.
Hence, D. is the correct option.
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--The given question is incomplete, the complete question is
"A 5-year u.s. treasury bond has a yield of 2.4%, while a 10-year aaa corporate bond has a yield of 5.6%. the primary cause(s) of the difference in yield between the two bonds is likely…A) The defailt risk premium B) The interest rate risk premium C) The liquidity premium D) All of these."--
If a manufacturer is currently working to position its retail stores and determining how they will implement the four Ps, what are they doing
pros and cons of min wage essay
Answer
Hope this answer will help you.
A company owns a building it had purchased on
Janvary 1, 2020, for $4 million in cash. It is accounted for in a seperate account called
"buildings." The company uses the revaluation model and revalues anually. The company
uses straight-line depreciation over the asset's
10-year useful life with no residual value. The asset's fair value was equal to its carrying amount on December 31, 2020 and was
4000000 on December 31, 2021. The company uses the asset adjustment method for the revaluation.
Make all journl entries for 2020 and 2021:
2020: On January 1st, 2020 the business purchased a building for $4 million. This would create a journal entry of :
Debit Buildings $4 million
Credit Cash $4 million.
At the end of the year, a revaluation of the building needs to be done to ensure that the carrying value of the building on the company's balance sheet is up to date. Under the revaluation model, a journal entry must be created to adjust the book value of the building to its current-market value, assuming the current-market value is greater than its carrying value.
Every year the company uses straight-line depreciation for the building. This would create a journal entry as:
Debit Accumulated Depreciation Buildings $400,000
Credit Depreciation Expense $400,000
2021: At the end of 2021, the fair value of the building is equal to its carrying amount. Therefore, no journal entry needs to be created. The asset adjustment method for the revaluation also should not be used, as the asset's book value is equal to its current market value. Therefore, no adjusting journal entry needs to be created.
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What does negative savings rate mean?
Answer:
see below
Explanation:
The negative savings rate is when the bank's interests on deposits fall below zero percent. It means that banks should charge customers interest on savings rather than pay interests on customer deposits. The negatives savings rate is meant to encourage customers to consume more, as opposed to saving. The objective is to promote spending to boost the economy.
The negative savings rate encourages banks to give more loans. The banks find it more prudent to offer loans and earn interest instead of being charged for holding customer deposits.
T/F. Samantha's assistant just handed her a report that summarizes and organizes many raw facts and figures into a few key measures that will help her judge whether her department is meeting its key objectives. The summary measures included in the report are information, while the raw facts and figures used to compute these measures are data.
True. In the given statement, Samantha's assistant handed her a report that summarizes and organizes many raw facts and figures into a few key measures.
What does the summary refer to?The summary measures included in the report are indeed information. Information refers to processed or organized data that provides meaning and context to the raw facts and figures.
On the other hand, the raw facts and figures used to compute these measures are considered data. Data refers to unprocessed, discrete pieces of information that are collected and can be analyzed or processed to derive meaning or draw conclusions.
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Someone help me in my homework please?
Answer:
im sorryi wish i was good at math
Explanation:
im failing math btw
which are examples of team (or group) incentive plans? a. piecework and profit sharing b. piecework and merit pay c. gainsharing and merit pay d. gainsharing and profit shari
A team-based incentive program called profit sharing pays employees a portion of the overall profits of the business.
What kinds of group incentive plans are there?Merit-based remuneration, piece-rate incentive programs, other kinds of bonus systems, and commissions are just a few examples of the various ways that specific incentive schemes may be recognized. The success of the group or organization is dependent on at least some of an employee's benefits, according to group incentive plans.
What are incentives for teams?Employees are financially rewarded for achieving goals as a team, as opposed to individually, under a team-based incentive pay plan. Examples of team-based benefits include group bonuses, departmental lunches, group outings that are enjoyable, and more vacation time.
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Need help with graph please
18 points
Answer:
D point is the right answer according to the graph.
Which of these is considered the highest level of management?
A. Supervisor
B. Team member
C. Executive
D. Middle manager
C. The Executive. Hope that helps...
The Executive is considered the highest level of management. Option C is correct.
What is the management?Management may be described as the process of completing the job or activity necessary to achieve an organization's goals in an efficient and effective manner.
The process implies the management functions. This includes organizing, planning, staffing, directing, and controlling. A manager's responsibility is to offer common guidance and direction to individual efforts to achieve organizational goals.
Management contributes to increased corporate efficiency by increasing productivity via effective planning, organizing, controlling, and directing.
Therefore, option A is correct that The Executive is the most senior level of management.
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The controller of Lola Inc. told you that salaries of $50,000 were incurred during 2020 and would not be paid until January 2021. On which statements for 2020 would you find this information?
a) Statement of financial position and statement of cash flows
b) Statement of earnings and statement of financial position
c) Statement of cash flows only
d) Statement of financial position only
e) Statement of earnings and statement of cash flows
The information regarding salaries incurred during 2020 but not paid until January 2021 would typically be found in the following statements for 2020:
a) Statement of financial position and statement of cash flows
b) Statement of earnings and statement of financial position
e) Statement of earnings and statement of cash flows
Explanation:
a) Statement of financial position (also known as the balance sheet) includes information about liabilities, which would encompass the unpaid salaries as a current liability.
b) Statement of earnings (also known as the income statement) captures the expenses incurred during the period, including salaries. However, it does not specifically indicate the timing of the payment.
e) Statement of earnings and statement of cash flows together provide a comprehensive view of financial performance. While the statement of earnings includes the salaries as an expense, the statement of cash flows shows the movement of cash and would indicate the payment of the salaries in January 2021.
c) Statement of cash flows alone may not provide complete information about the salaries incurred in 2020 but paid in January 2021. It focuses on the movement of cash and may not explicitly mention the unpaid liabilities.
d) Statement of financial position alone would include the unpaid salaries as a liability but would not provide information about the timing of the payment or the expense incurred in 2020.
Therefore, the most accurate answer would be option e) Statement of earnings and statement of cash flows, as these two statements together would provide a complete picture of the incurred expenses and the timing of the payment.
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fiscal policy refers to the idea that aggregate demand is affected by changes in group of answer choices the money supply. government spending and taxes. trade policy. all of the above are correct.
Fiscal policy refers to the use of government spending and taxation policies to influence the economy. By changing the levels of government spending and taxation, policymakers can affect aggregate demand.
The correct answer is "government spending and taxes". Fiscal policy is one of the key tools used by governments to manage their economies. It involves changes in government spending and taxation policies in order to achieve specific macroeconomic objectives, such as controlling inflation, stabilizing economic growth, and reducing unemployment.
When the government increases its spending, it injects more money into the economy, which can stimulate economic growth and create job opportunities. On the other hand, if the government reduces its spending, it can slow down the economy and reduce inflationary pressures.
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Why is it important to maintain network relationships, even after you have found a job?
a. You never know when you are going to have to find a new job.
b. You can return the favor by helping network members with career advice and job leads.
You will remain informed and connected to people in your field.
d. All of the above
C.
Please select the best answer from the choices provided
ΟΑ
B
С
OD
Answer:
D (all of the above)
Explanation:
When a person has gotten a job, it is critical to keep network contacts since a person never know when he will need to locate a new career, and he will stay informed and connected to bin his sector.
What is network relationships?Relationship networking is another name for network relationships. It's all about making connections and finding ways for both sides to gain. Like the relationship, networking and partnerships intersect in numerous ways, resulting in economic potential.
Even when a person has gotten a job, it is critical to keep network contacts since you never know when you will need to locate a new career, and he will stay informed and connected to people in the sector.
With the utilization of network ties, an individual might refund the kindness by supplying career counseling and job metals to network members.
Therefore, option D is correct.
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