Rosie Dry Cleaning was started on January 1, Year 1. It experienced the following events during its first two years of operation:
Events Affecting Year 1
Provided $27,530 of cleaning services on account.
Collected $22,024 cash from accounts receivable.
Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account.
Events Affecting Year 2
Wrote off a $206 account receivable that was determined to be uncollectible.
Provided $32,128 of cleaning services on account.
Collected $28,433 cash from accounts receivable.
Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account.
Required
Organize the transaction data in accounts under an accounting equation for each year.
Determine the following amounts:
(1) Net income for Year 1.
(2) Net cash flow from operating activities for Year 1.
(3) Balance of accounts receivable at the end of Year 1.
(4) Net realizable value of accounts receivable at the end of Year 1.
Determine the following amounts:
(1) Net income for Year 2.
(2) Net cash flow from operating activities for Year 2.
(3) Balance of accounts receivable at the end of Year 2.
(4) Net realizable value of accounts receivable at the end of Year 2.

The statement that is true about the benefits of economic growth is that it can help people at all income levels.

Economic growth can create new and better-paying jobs, increase the availability of goods and services, and provide more opportunities for individuals to save and invest. This, in turn, can lead to greater economic stability and improved standards of living for all members of society, regardless of their income level.

In addition, economic growth can lead to increased tax revenue, which can then be used to fund public services and reduce public debt.

However, economic growth does not automatically guarantee full employment or eliminate poverty. It is important to consider the structural and institutional factors that can affect the impact of economic growth on different groups in society.

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Answer:

la A

Explanation:

Households are a important component in the circular flow of goods. They consume goods that companies produce. Hence, the correct answer is option A.

Money is utilized in the economy's circular movement to buy products and services. Money moves in the opposite direction from goods and services throughout the economy. Land, labor, capital, and entrepreneurship are all production elements.

The concept, also known as the circular flow of revenue, because it keeps the record of  monetary flows between the sectors in to determine a nation's national income or GDP.

In the two-factor circular flow model, consumer spending moves money from homes to companies in return for the goods and services those businesses generate, and then company labor moves money back to households.

Therefore, in the circular flow of goods household buys goods that companies produce.

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In the formula above, T is an abbreviation for time.

This is said to be a Base formula. It is often written as I = Prt or I = P × r × t

Here, rate is known as r, time is denoted as  t.

This is one that is the same time units known as months or years. Time conversions is one that is based on day numbers of 365 days/year.

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Answer:

Changes in technology can affect the demand for different products or the demand for related products. It can increase the market for a product by increasing the demand for a new product and making an older product obsolete

Explanation:

When a firm discovers a new technology that allows it to produce at a lower cost, the supply curve will shift to the right as well. ... A technological improvement that reduces costs of production will shift supply to the right, causing a greater quantity to be produced at any given price.

The price of XYC Corporation's 30-year bonds will decrease when the yield to maturity (YTM) increases from 6.5% to 6.9%. This is because the bond's YTM is the return an investor can expect to receive if they hold the bond until maturity.

When the YTM increases, it means that the yield or return on the bond is higher, making it less attractive to investors. To understand how the price will change, we need to consider the relationship between bond prices and YTM. Bond prices and YTM have an inverse relationship - when one goes up, the other goes down. This is because as the YTM increases, the existing bond's fixed interest payments become less attractive compared to newer bonds with higher yields.

Let's consider an example:
- Initially, the bond has a price of $980 and a YTM of 6.5%.
- When the bond gets downgraded and the YTM increases to 6.9%, the price of the bond will decrease.
To calculate the new price, we can use the bond pricing formula. The formula is:
Price = C * [1 - (1 + r)^(-n)]/r + M/(1 + r)^n
Where:
- C is the coupon payment (interest payment)
- r is the yield to maturity (expressed as a decimal)
- n is the number of periods (in this case, the number of years)
- M is the face value or maturity value of the bond

However, we can conclude that the new price will be lower than $980 due to the increased YTM.

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Answer:

C. Your company has a limited capacity for producing your product.

Explanation:

Increasing the market share will result in an increased demand for the company's products. The company will sell its products to more customers. Its sales volume will most likely go up. If a company lacks the capacity to produce more goods, then it might not want to increase its market share. Should be company fail to meet the market demand for its products, its risks damaging its reputation.

Answer:

c-Your company has a limited capacity for producing your product.

Explanation:

got it right on edge

Answer: give him the brainlyst kasliwalalvi24Ambitious1.6K answers5.7M people helpedWork ethics is defined as the set of moral values, benefits, and virtue by which an individual can strengthen their character and abilities. It is based on the determination, importance of work, and desire to work hard. The three ways in which a newly hired employee can do great at the company are:1. Integrity and Honesty are the two values that are most important in a workplace. The individual should be honest about the work and work with full determination. 2. Discipline and Responsible for the kind of work the individual is doing. The person should have the desire to work hard, responsibly, and have the discipline to achieve promotion in a company. 3. Productivity and communication are also the key elements of work ethics. The person should increase and bring out productivity every day and have excellent communication skills. Therefore, responsibility, honesty, hard work, and discipline are some of the elements to achieve great at a company. To know more about work ethics, refer to the following link:brainly.com/question/7129473

Explanation:

The net operating income of the apartment building is $87,300.

The net operating income (NOI) of an apartment building can be calculated by multiplying its value by the capitalization rate. In this case, the apartment building is valued at $970,000 and has a capitalization rate of 9%.

NOI = Property Value x Capitalization Rate

NOI = $970,000 x 0.09

NOI = $87,300

This represents the income generated by the property after deducting operating expenses such as property taxes, insurance, maintenance costs, and property management fees.

The NOI is a crucial financial metric used in real estate investment analysis as it provides an estimate of the property's profitability and cash flow potential.

It serves as a basis for evaluating the property's investment value, determining its potential return on investment (ROI), and comparing it to other investment opportunities in the real estate market.

Investors and lenders often consider the NOI when assessing the feasibility of acquiring or financing an apartment building. It helps them determine the property's ability to generate income and cover operating expenses, which ultimately affects its value and potential profitability.

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Answer:

A. a nonmonetary incentive

Explanation:

Non-monetary incentives are ways other than monetary or cash gifts of compensating employees for performing excellently within the organization. Giving of public awards, a sit-out with a boss, or letters of commendation are examples of non-monetary incentives that can be given to employees.

Employees tend to remember these rewards for a longer time because it boosts their confidence and mental disposition. It is important to provide these incentives as it motivates employees to work harder at their jobs.

Answer:

We should utilized them property.

If we want to preserve traditional knowledge ,skill we have to promise to ourselves that we have to not to forget our tradition skill knowledge

They give our cultural identity.

They help in presentation of art.

In order to preserve our traditional knowledge, skill, and technology, we need to;

1. Incorporate them into our museums.

2. Set days aside for their remembrance.

3. Teach them to our children and younger generation.

4. Use them in our daily lives.

Our traditional knowledge, skill, and technology are things that identify us. Therefore, we must preserve them if we do not want to lose parts of ourselves. Museums are places where sacred things and valued aspects of our culture can be kept for preservation and monetization purposes. Special days in the year can also be marked for the celebration of these technologies and skills.

It is also vital that the younger generation are taught these skills and technologies so that they do not die with the older generation. Finally, we should proudly use these skills in our daily lives so that they become entrenched in our lives.

Conclusively, Museums, special days, teaching, and proudly using our skills, knowledge, and technology are effective ways to preserve them.

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In the context of health insurance, premium refers to the amount paid by an individual or employer to an insurance company for coverage. This payment is typically made on a monthly or annual basis, and represents the cost of purchasing insurance.

Covered services are the medical treatments and procedures that are included in an individual's health insurance plan. These services can vary depending on the type of insurance plan, and may include preventive care, doctor visits, hospitalization, and prescription drugs, among other things.

Cost sharing refers to the amount that an individual is responsible for paying for covered services. This can include deductibles, copayments, and coinsurance. A deductible is the amount that must be paid out-of-pocket before insurance coverage kicks in. Copayments and coinsurance are both types of cost sharing that require the individual to pay a portion of the cost of a medical service or treatment.

Together, these concepts help to define the scope of health insurance coverage, and determine the financial responsibility of the individual and the insurance company for medical expenses. Understanding these concepts is important for making informed decisions about health insurance coverage, and managing the costs associated with medical care.

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c.Some jobs are outsourced to other countries

The correct option is D. The reason for the shrinking of the middle class in the United States is some jobs are outsourced to other countries.

Outsourcing has resulted in high unemployment, revenue loss, and loss of competitive edge, leaving individuals unemployed and without a job.

Since 2000, more than 500,000 jobs have been outsourced,  Additionally, outsourcing has resulted in the loss of almost 250,000 additional employees. IT firms are the greatest offenders when it comes to outsourcing.

American labor, American manufacturers, American suppliers, and the standard of life for many families have all suffered irreparable harm as a result of outsourcing by American enterprises. The company might make some short-term money off of it, but eventually, its overseas rivals will win the technology and the market.

According to a recent study, globalization has reduced the middle class's share of income. Even the poorer segments of the population observed a fall in their income shares as compared to an increase in high-income shares. Developments in developing and transitional nations are what are responsible for this effect.

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Answer:

i am late but this true

Explanation:

I did the test on this and got it right :)

Answer:

out of pocket

Explanation:

plato

The thickness exceeded by 35 percent of the paper sheets is approximately 0.0094 inch

A)  mean and variance for thickness of each paper sheet will be 0.00084025 inch.

B) Proportion of paper sheets less than 0.0070 inch thick will be 0.27307692308.

C) Thickness exceeded by 35 percent of paper sheets will be 0.0094

(a) Mean and Variance:

The given information provides us with the probability density function (PDF) of the thickness of each paper sheet, denoted as x. From the given data, we have:

Mean (μ) = 0.0095 inch (given as e(x))

Variance (σ^2) = [(0.015 - 0.004)^2] / 12 = 0.00084025 inch^2 (calculated using the formula for variance of a uniform distribution)

Therefore, the mean thickness of each paper sheet is 0.0095 inch and the variance of the thickness is 0.00084025 square inches.

(b) Proportion of paper sheets less than 0.0070 inch thick:

To find the proportion of paper sheets that are less than 0.0070 inch thick, we need to calculate the cumulative distribution function (CDF) at x = 0.0070 inch. The CDF of a uniform distribution is given by the formula:

CDF(x) = (x - a) / (b - a), for a <= x <= b

where a and b are the lower and upper limits of the uniform distribution, respectively.

Plugging in the values, we get:

CDF(0.0070) = (0.0070 - 0.004) / (0.015 - 0.004) = 0.27307692308

Therefore, the proportion of paper sheets that are less than 0.0070 inch thick is approximately 0.273 (rounded to three decimal places).

(c) Thickness exceeded by 35 percent of paper sheets:

To find the thickness that is exceeded by 35 percent of the paper sheets, we need to find the inverse of the CDF at 0.35. In other words, we need to find the value of x for which CDF(x) = 0.35.

Using the inverse CDF formula, we get:

x = a + (b - a) * CDF^-1(0.35)

Plugging in the values, we get:

x = 0.004 + (0.015 - 0.004) * 0.35 ≈ 0.0094

Therefore, the thickness exceeded by 35 percent of the paper sheets is approximately 0.0094 inch (rounded to four decimal places). Please note that rounding may introduce some error, so it's important to use the exact values in any precise calculations. Also, it's always recommended to verify the results using appropriate statistical software or consulting with a qualified statistician for accurate and reliable results.

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Functional skills are the term refers to skills that workers use to accomplish the general tasks of a job.

What are functional skills for employment?

Competencies known as functional skills can be applied in a variety of workplace scenarios. You can focus on jobs that would suit your talents and bring you more enjoyment by making a list of the practical skills you possess and most love using. Communication Knowledge and ideas are shared, communicated, and expressed.

Why are functional skills important?

Functional skills are crucial because they give both adults and children the knowledge, abilities, and perspectives they need to advance in their careers, educational pursuits, and personal lives. It has to do with applying a learner's capacity for problem-solving to authentic situations.

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The statement that comprehensive income includes all changes in equity during a period except those resulting from investments by owners and distributions to owners is true.

a. True Comprehensive income is a financial reporting concept that includes all changes in equity during a specific period, except for those resulting from investments made by owners (e.g., issuing new shares) and distributions made to owners (e.g., dividends).  It encompasses both net income (or loss) and other comprehensive income, which consists of gains or losses that bypass the income statement. Comprehensive income is designed to provide a more comprehensive view of an entity's financial performance and changes in equity, including items that are not captured in net income alone. These items may include foreign currency translation adjustments, unrealized gains or losses on certain investments, changes in the fair value of financial instruments, and actuarial gains or losses on employee benefit plans.

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Tax incentives for foreign corporations are not permitted under international law. This is not true.

International law is a body of laws, norms, and standards that are commonly accepted as binding between states. It sets normative norms as well as a shared conceptual framework for governments in a variety of disciplines, including military, diplomacy, economic interactions, and human rights.

Scholars differentiate international legal institutions based on their responsibilities (the degree to which states are obliged by the rules), precision (the degree to which the laws are unequivocal), and delegation (the degree to which third parties can interpret, implement, and make rules).

International law is derived from international customs, treaties, and broad legal principles acknowledged by most national legal systems.

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Answer:

3%

Explanation:

Calculation to determine what the Annual real interest rate is

Using this formula

Annual real interest rate = Annual nominal interest rate - expected annual inflation rate

Let plug in the formula

Annual real interest rate=8%-5%

Annual real interest rate=3%

Therefore Annual real interest rate is 3%

The change is implemented, profits will blank will be-

The company should accept the idea reason been that the profit will increase by $24,000

Calculation to determine What should the company do

First step

Increased CM = [10,750 x (27+(40-45))]- (10,000 x 27)

Increased CM = [10,750 x(27+5)]- (10,000 x 27)

Increased CM = (10,750 x 32) - (10,000 x 27)

Increased CM = $344,000-$270,000

Increased CM = $74,000

Now let calculate the profit

Profit =$74,000-$50,000

Profit=$24,000 Increase

Therefore based on the above calculation The company should accept the idea reason been that the profit will increase by the amount of $24,000

Complete Question

A company is currently selling 10,000 units of product monthly for $40 per unit. The unit contribution margin is $27. The company believes that spending $50,000 per month on advertising will allow them to increase the selling price to $45 and that sales will increase by 750 units per month. The company should ______ the idea because profit will ______.

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What's the problem? I'd be happy to help you if you would be willing to specify what you need help with.

The additional details that should be included in the communication plan for performing backlog clean-up every month are: Location, Type of communication, Recipients, and Duration.

The communication plan for performing backlog clean-up every month should include details such as the Location where the clean-up will take place, the Type of communication that will be used (e.g., in-person meeting, email, video conference), the Recipients who need to be informed or involved in the clean-up process.

The Duration of the clean-up session (e.g., how long it is expected to take). Including these additional details in the communication plan helps ensure that everyone is aware of when and how the backlog clean-up will be conducted, facilitating effective coordination and productivity improvement in the organization.

Full:

As a project manager, part of your communication plan is to perform backlog clean-up every month. What additional details should the communication plan include? Select all that apply. Location Type of communication Recipients Duration

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Answer:

all od the above but it depends on the employer

Global supply chain practices can contribute to pollution and global warming through various mechanisms. Some of the key factors that contribute to these environmental issues are:

1. Transportation: The transportation of goods over long distances, especially by air and sea, releases significant amounts of greenhouse gases (GHGs) into the atmosphere. Shipping emissions, in particular, contribute to air pollution and climate change. Additionally, the reliance on fossil fuel-powered vehicles for land transportation also contributes to carbon emissions.

2. Packaging: Excessive and inefficient packaging practices lead to the generation of large amounts of waste, including plastics, which contribute to pollution and environmental degradation. Packaging materials that are not environmentally friendly, such as non-recyclable or non-biodegradable materials, further exacerbate the problem.

3. Energy Consumption: The energy-intensive operations involved in manufacturing, warehousing, and distribution can contribute to pollution and global warming. High energy consumption and reliance on non-renewable energy sources, such as coal, can lead to increased emissions of GHGs.

4. Waste Generation: Supply chains generate significant waste, including product waste, packaging waste, and operational waste. Improper disposal of waste can result in pollution of land, water, and air, as well as contribute to the release of harmful substances into the environment.

To mitigate the risks associated with supply chain disruptions and minimize their impact, several steps are being taken:

1. Diversification of Suppliers: Companies are increasingly diversifying their supplier base to reduce dependency on a single source. This helps mitigate the risk of disruptions caused by natural disasters, political instability, or other unforeseen events in a specific region.

2. Supplier Relationship Management: Establishing strong relationships with suppliers, including regular communication, collaboration, and risk assessment, enables better visibility into potential disruptions. Close collaboration allows for proactive identification and mitigation of risks.

3. Enhanced Data and Technology: Companies are leveraging data analytics, artificial intelligence, and machine learning to improve supply chain visibility and forecast potential disruptions. This helps in identifying and addressing risks more effectively.

4. Inventory Optimization: Companies are adopting advanced inventory management techniques to optimize stock levels and reduce the risk of stockouts or excess inventory. This includes demand forecasting, just-in-time inventory practices, and lean inventory management principles.

5. Sustainable Practices: Organizations are increasingly focusing on sustainability initiatives to reduce the environmental impact of their supply chains. This includes implementing green transportation strategies, optimizing packaging materials, adopting renewable energy sources, and implementing waste reduction and recycling programs.

6. Business Continuity Planning: Robust business continuity plans are being developed to address potential disruptions. These plans outline strategies and actions to be taken in the event of a disruption, ensuring a coordinated response and quick recovery.

7. Supplier Audits and Certifications: Companies are conducting regular audits of their suppliers' environmental and social practices. This ensures adherence to sustainability standards, responsible sourcing, and compliance with regulations, reducing the risk of disruptions due to non-compliant suppliers.

By adopting these risk mitigation steps, companies aim to minimize supply chain disruptions and their associated environmental impacts. Implementing sustainable practices and focusing on resilience and flexibility in supply chain operations contribute to both environmental protection and the overall stability of supply chains.

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Answer:

b. find ways to help workers who are physically challenged.

Explanation:

MPL = 30. MRPL = $75 per day.

Maharaja Samosa hires workers to produce samosas. The market for samosas is perfectly competitive, and samosas sell for $2.50 each. The labor market is competitive, and the wage rate is $75.00 a day. The MPL of hiring the fourth worker is 30 and the MRPL of hiring the fourth worker is $75 per day. The calculation of the MPL and MRPL is explained below.

Marginal Product of Labor (MPL): The marginal product of labor (MPL) is the change in total output that results from a one-unit increase in labor. MPL= ΔQ/ΔL, where ΔQ is the change in output and ΔL is the change in labor. To calculate the MPL of the fourth worker, we need to calculate the difference between the total product of 4 workers (89) and the total product of 3 workers (59).So, MPL= (89-59) / (4-3)= 30

Marginal Revenue Product of Labor (MRPL): The marginal revenue product of labor (MRPL) is the change in revenue that results from a one-unit increase in labor. MRPL= ΔTR/ΔL, where ΔTR is the change in total revenue and ΔL is the change in labor. The formula for MRPL is: MRPL = MP x P, where MP is the marginal product of labor and P is the price of the output.The price of samosas is given as $2.50, which is the price that Maharaja Samosa can sell each samosa. Therefore, MRPL= MP x P= 30 x 2.5= $75 per day. The MPL of hiring the fourth worker is 30 and the MRPL of hiring the fourth worker is $75 per day.

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Answer:

A. Passionate

Explanation:

Hope this helps

Answer: independence

Explanation:

The account most commonly debited by purchasers for transportation costs they are responsible for paying is the "Transportation-In" account

Normally included in the cost of products sold, this account is intended to track the transportation expenses related to the acquisition of goods or materials.

Transportation-In costs cover a range of costs associated with moving products, including goods, insurance, handling, and customs taxes. These expenses are borne by the buyer and are consequently included in the price of the products or materials being purchased.

The buyer can keep track of and record these transportation costs apart from the price of the products by debiting the Transportation-In account. This data can be used to compute the gross margin on sales, estimate the true cost of inventories, and analyse the overall cost of a purchase.

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They do use the funds you deposit to balance their books and meet the required cash reserves, which allow them to make those loans.

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