Southern Distributors, Incorporated, supplies ice cream shops with various toppings for making sundaes. On November 17, 2024, a fire resulted in the loss of all of the toppings stored in one section of the warehouse. The company must provide its insurance company with an estimate of the amount of inventory lost. The following information is available from the company's accounting records:

Southern Distributors, Incorporated, Supplies Ice Cream Shops With Various Toppings For Making Sundaes.

Answers

Answer 1

you must preserve important points of:

All profits and expenditure.

Assets owned by means of the company.

Stock the company owns at the end of every economic year.

The stocktakings used to work out the inventory figure.

Company liabilities.

Amounts owed to or due to the company.

Which of the following is an accounting record?

Accounting data include records of belongings and liabilities, monetary transactions, ledgers, journals, and any assisting files such as exams and invoices.

What are accounting information examples?

Examples of accounting documents are the everyday ledger, all subsidiary ledgers, invoices, bank statements, cash receipts, and checks.

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Related Questions

The entry to pay a previously declared dividend of $.25 per share on 12,500 outstanding shares of common stock requires a:

Answers

Answer:

debit to dividends payable for $3,125

Explanation:

Based on the information given the journal entry to pay a previously declared dividend of the amount of $.25 per share on 12,500 outstanding shares of common stock requires a:

Debit to dividends payable for $3,125

Calculated as:

Dividends payable =Dividend of the amount of $.25 per share *12,500 outstanding shares of common stock

Dividends payable=$3,125

The MR = MC rule can be restated for a purely competitive seller as P = MC because:?

1 each additional unit of output adds exactly its price to total revenue.

2 the firm's average revenue curve is downsloping.

3 the market demand curve is downsloping.

4 the firm's marginal revenue and total revenue curves will coincide.

Answers

1 each additional unit of output adds exactly its price to total revenue

The postal service of St. Vincent, an island in the West Indies, recently introduced a limited edition deluxe souvenir sheet priced at $15.00 each. The initial market response was quite positive, with an increase in unit sales compared to the regular souvenir sheets. The postal service sold a total of 50,000 units of the deluxe souvenir sheet.
Based on the given information, calculate the following:
What was the postal service's increase (decrease) in total contribution margin when it sold 50,000 deluxe souvenir sheets at $15.00 each, compared to selling 80,000 regular souvenir sheets at $8.00 each?
By what percentage did the St. Vincent post office increase the selling price for the deluxe souvenir sheet compared to the regular souvenir sheets? Additionally, calculate the percentage increase in unit sales for the deluxe souvenir sheet compared to the regular souvenir sheets. (Round your answers to one-tenth of a percent.)
If the postal service wants to maintain the same total contribution margin per unit for the deluxe souvenir sheets as it did for the regular souvenir sheets, what selling price should they set for the deluxe souvenir sheet? (Round your answer to the nearest whole dollar.)
Calculate the number of deluxe souvenir sheets the postal service would need to sell at the price determined in question 3 to equal the total contribution margin earned by selling 80,000 regular souvenir sheets at $8.00 each. (Round your answer to the nearest whole number.)
Please show your calculations and provide explanations for each answer.

Answers

1. the postal service experienced an increase in total contribution margin of $7.00

2. The unit sales for the deluxe souvenir sheets decreased by 37.5% compared to the regular souvenir sheets.

3. The postal service should set the selling price for the deluxe souvenir sheet at $15.00

4. The exact number of deluxe sheets is 45.

Calculation of the increase (decrease) in total contribution margin:

The contribution margin is calculated as the selling price minus the variable cost per unit. Given the information, we have:

Selling price of regular souvenir sheets: $8.00

Selling price of deluxe souvenir sheets: $15.00

Number of regular souvenir sheets sold: 80,000

Number of deluxe souvenir sheets sold: 50,000

To calculate the increase (decrease) in total contribution margin, we need to compare the contribution margin of the two scenarios:

Contribution margin regular souvenir sheets = Selling price - Variable cost

= $8.00 - Variable cost

Contribution margin deluxe souvenir sheets = Selling price - Variable cost

= $15.00 - Variable cost

To find the increase (decrease), we'll subtract the contribution margin of regular souvenir sheets from that of deluxe souvenir sheets:

Increase (decrease) in contribution margin = Contribution margin deluxe - Contribution margin regular

= ($15.00 - Variable cost) - ($8.00 - Variable cost)

= $15.00 - $8.00

= $7.00

So, the postal service experienced an increase in total contribution margin of $7.00 when selling 50,000 deluxe souvenir sheets compared to selling 80,000 regular souvenir sheets.

2. Calculation of the percentage increase in selling price and unit sales:

Percentage increase in selling price = [(Selling price deluxe - Selling price regular) / Selling price regular] * 100

= [(15.00 - 8.00) / 8.00] * 100

= 87.5%

Therefore, the St. Vincent post office increased the selling price for the deluxe souvenir sheet by 87.5% compared to the regular souvenir sheets.

Percentage increase in unit sales = [(Unit sales deluxe - Unit sales regular) / Unit sales regular] * 100

= [(50,000 - 80,000) / 80,000] * 100

= -37.5%

The unit sales for the deluxe souvenir sheets decreased by 37.5% compared to the regular souvenir sheets.

3. Calculation of the selling price for the deluxe souvenir sheet to maintain the same total contribution margin per unit:

To maintain the same total contribution margin per unit, the selling price for the deluxe souvenir sheet should be equal to the selling price for the regular souvenir sheet plus the increase in contribution margin per unit:

Selling price deluxe = Selling price regular + Increase in contribution margin

= $8.00 + $7.00

= $15.00

So, the postal service should set the selling price for the deluxe souvenir sheet at $15.00 to maintain the same total contribution margin per unit.

4. Calculation of the number of deluxe souvenir sheets to be sold to equal the total contribution margin earned from selling 80,000 regular souvenir sheets:

Total contribution margin from selling regular souvenir sheets = Contribution margin regular * Number of regular sheets sold

= ($8.00 - Variable cost) * 80,000

To calculate the number of deluxe souvenir sheets to be sold, we'll set the total contribution margin equal to that of regular sheets and solve for the number of deluxe sheets:

Contribution margin deluxe * Number of deluxe sheets = Contribution margin regular * Number of regular sheets

($15.00 - Variable cost) * Number of deluxe sheets = ($8.00 - Variable cost) * 80,000

Simplifying the equation:

Number of deluxe sheets = (Contribution margin regular * Number of regular sheets) / (Contribution margin deluxe)

= ($8.00 - Variable cost) * 80,000 / ($15.00 - Variable cost)

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According to O*NET, what is the projected growth for this career between 2019–2029?

Answers

Answer:

Average

Explanation:

What enables a oligopoly to form within a market

Answers

It would be too costly to launch a competing business To establish Oligopoly in the market.

What is a market?

The entire number of buyers and sellers in the area or region under consideration is referred to as the market.

A market structure known as an oligopoly has a small number of enterprises, none of which can prevent the others from having a large impact.

The market share of the major companies is calculated using the concentration ratio.

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How can we measure what we gain and lose when making choices?
A. production possibilities curve
B. production possibilities frontier
C. law of diminishing marginal unity
D. marginal unity
Turn In

Answers

Answer:a

Explanation:


In her Principles of Marketing class, Sai's professor has repeatedly emphasized how important relationship
marketing is to the success of a business. Which of the following is correct regarding relationship marketing?

Answers

The correct option regarding relationship marketing is option A: It refers to marketing decisions and activities focused on achieving long term satisfying relationships with customers.

How does relationship marketing operate?

A strategy to build enduring ties with prospects and consumers is relationship marketing. Relationship marketing places more emphasis on customer experience than just sales. A brand experience aids in bringing in new clients and keeping them around for a very long time, resulting in repeat business.

Therefore, Relationship marketing is a component of customer relationship management (CRM) that prioritizes long-term engagement and client loyalty over short-term objectives like customer acquisition and individual sales.

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See full question below

In her Principles of Marketing class, Sars professor has repeatedly emphasized how important relationship marketing is to the success of a business. Which of the following is correct regarding relationship marketing? It refers to marketing decisions and activities focused on achieving long.term, satisfying relationships with customers. it is created by converting production inputs into finished products. It refers to marketing decisions and activities focused on achieving short-term, satisfying relationships with customers: It relers to the ability of a good or service to satisfy a human need.

issues on Camelot security printing under the vision and mission of the company ​

Answers

Camelot security printing under the vision and mission of the company ​.

Our Vision

To become the industry leader in providing top-notch business paperwork and document security solutions, utilizing the best available human resources and technology in a way that is both cost-effective and profitable and benefits both ourselves, our clients, and the communities in which we operate.

C – Care : We care for our customers

A – Assured : We assure our customers of the highest quality products and services

M – Money for Value : we give you your money’s worth and more

E – Efficiency: We maximize the use of our resources and waste nothing

L – Leadership : We chart the course of change

O – Originality : We strive to lead the market through innovation

T – Trust : We believe in mutual trust and long – term relationship

Our Mission Statement

Our goal is to continue to be leaders in the delivery of excellent business forms and file security solutions, utilizing the best available human capital and generation in a cost-effective and profitable manner that benefits all parties involved—including ourselves, our clients, and the communities where we work.

Our Core Values

M – Motivation

O – Originality

V – Verve (i.e. Vigour, Spirit, Style)

E – Ethical

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Ying pays $300 of investment interest related to her investments. The interest is not directly related to any particular investment owned by Ying. She owns $40,000 worth of municipal bonds that pay her $2,400 in interest and $20,000 worth of bonds that pay her taxable interest of $2,000. Ying allocates the investment fees based on the fair market value of the securities. The allocation between the nondeductible portion of the fee and the deductible portion is:

Answers

Answer:

yeet

Explanation:

Help!! Developing alternative lesson to generate a list of six ways quest can improve their educational tours

 Help!! Developing alternative lesson to generate a list of six ways quest can improve their educational

Answers

Six alternative ways that Quest Specialty Travel could consider to improve their educational tours:

Collaborate with local expertsCustomize tour itinerariesIncorporate interactive technologyHire more engaging tour guidesFocus on hands-on experiencesOffer unique experiences

How do these list play out?

Collaborate with local experts: Quest Specialty Travel could partner with local historians, chefs, artists, or other subject matter experts to provide more engaging and insightful instruction during their tours. This could involve on-site lectures, workshops, or demonstrations that bring the destination to life for customers.

Customize tour itineraries: Instead of offering one-size-fits-all tours, Quest Specialty Travel could create customizable itineraries that allow customers to personalize their experience. This could involve offering different activities or excursions based on a customer's interests or skill level.

Incorporate interactive technology: Quest could incorporate interactive technology, such as augmented reality, virtual reality, or gamification into their tours to make them more engaging and interactive. This could help bring historical sites or cultural experiences to life in new and exciting ways.

Hire more engaging tour guides: Quest could focus on hiring more engaging and personable tour guides who can connect with customers and make the educational content more interesting and engaging. This could involve training guides on how to make the content more accessible and interactive.

Focus on hands-on experiences: Quest could focus on providing more hands-on experiences that allow customers to actively participate in learning activities. This could involve offering cooking classes, art workshops, or other experiential learning opportunities that allow customers to engage with the destination in a meaningful way.

Offer unique experiences: Quest could differentiate their tours by offering unique experiences that customers can't find elsewhere. This could involve partnering with exclusive venues, providing private access to historical sites or cultural experiences, or offering behind-the-scenes tours that provide a deeper level of insight into the destination.

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Online retailers lose approximately 25% of their customers every year. Unfortunately, due to the highly competitive camping gear marketplace, Camp Plus loses approximately 35% of its customers every year to its competition, giving it a retention rate of only 65%. Using a discount rate of 10%, you calculate a CLV for each of the 10,000 customers in Camp Plus's database.

Answers

Answer:

CLV =  [(GC * r) / (1 + i - r)] - AC]

Explanation:

CLV is the customer lifetime value which is the calculation of net profit during the tenure of relationship with the clients and customers.

The formula for CLV calculation is :

CLV = [(GC * r) / (1 + i - r)] - AC]

Where,

GC is annual gross contribution,

r is retention rate of customers

i is discount rate

AC is Acquisition cost

An HR manager is typically expected to function as an in-house consultant to supervisors, managers, and executives.
Select one:
True
False

Answers

True, an HR manager is typically expected to function as an in-house consultant to supervisors, managers, and executives. Thus option (A) is correct.

Who is a manager?

A manager is a person in a company or a business or a firm, who has the responsibility of managing and coordinating the assignments and projects or any work of a company.

A manager is like a coordinator of a school who manages work o a company. They can be in charge of a department or a small unit of department and the people who work in it.

An HR manager is typically expected to function as an in-house consultant to supervisors, managers, and executives.

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Listed below are selected transactions of Schultz Department Store for the current year ending December 31.
1. On December 5, the store received a deposit from the Selig Players to be returned after certain furniture to be used in stage production was returned on January 15. $ 500
2. During December, cash sales were received, which include the 5% sales tax that must be remitted to the state by the fifteenth day of the following month. $ 798,000
3. On December 10, the store purchased for cash three delivery trucks. The trucks were purchased in a state that applies a 5% sales tax. $ 120,000
4. The store sold 25 gift cards for $100 per card. At year-end, 20 of the gift
cards are redeemed. Schultz expects three of the cards to expire unused.
Number of gift cards sold 25
Value of each gift card $ 100
Number of cards unredeemed at year-end 20
Number of cards expected to expire unused 3
Instructions
Prepare all the journal entries necessary to record the transactions noted above as they occurred and any adjusting entries relative to the transactions that would be required to present fair financial statements at December 31. Date each entry. For simplicity, assume that adjusting entries are recorded only once a year on December 31.
NOTE: Enter a formula, a cell reference, or a value (if you are unable to reference a cell), into the yellow shaded input cells.

Debit Credit
1. Dec.5
2. Dec. 1 - 31
3. Dec. 10
4. Dec. 31
Dec. 31

Answers

The journal entry of Department Store for the current year ending December 31 is given below:

What are journal entries?

Journal entries are the entries made to document the transactions carried out by the company. The books of accounts have a record of every dollar that comes in and goes out. The transactions that are documented are in the book of accounts and are examined and audited for surplus payments or deficits, which are the most frequent errors to be discovered over recording, after they have been made. Below are the diary entries related to the context that are attached.

Date                    Particular                    Amount (Dr)                  Amount(Cr)

1 Dec 2005         cash                                 500                                                                                                                                                               500   2 Dec 31              cash                              798,000

                           Sales                                                                    760,000                            

                    Sales Taxes Payable                                                  38,000

                    (Being sales recorded)                            

3. Dec 10              Delivery   Truck             126,000

                               cash                                                                    126,000   4. Dec 31                 cash                              126000

                               Sales                                                                     2500  

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Juniper Design Limited of Manchester, England, is a company specializing in providing design services to residential developers. Last year the company had net operating income of $420,000 on sales of $1,500,000. The company’s average operating assets for the year were $1,700,000 and its minimum required rate of return was 15%.



Required:

Compute the company’s residual income for the year.

Answers

Answer: 165,000

Explanation:

To compute the company’s residual income for the year, we can use the formula:

Residual Income = Net Operating Income – (Minimum Required Rate of Return x Average Operating Assets)

Given: Net Operating Income = $420,000 sales = $1,500,000

Average Operating Assets = $1,700,000

Minimum Required Rate of Return = 15% = 0.15

Residual Income = Net Operating Income – (Minimum Required Rate of Return x Average Operating Assets)

Residual Income = $420,000 – (0.15 x $1,700,000)

Residual Income = $420,000 – $255,000

Residual Income = $165,000

Therefore, the company’s residual income for the year was $165,000.

Harvey owns a restaurantHe had 425 customers at the end of the second quarter455 customers at the beginning of the second quarter, and 17 new customer in the second quarter. What is his customer retention rate for the second quarter?

Answers

92%Answer:

my teacher told me

Mark Adler earned $1,963.71 salary per month as an assistant technician at a recording studio. His new job pays $9.80 per hour with time and a half for all hours over 40 hours per week. How many hours of overtime per week will he have to work to earn the same amount per week at his current job?

Answers

Mark Adler will have to work 133.59 hours of overtime per week to earn the same amount at his current job.

Word problems in algebra?

Word problems in algebra involve the use of mathematical models and variables to solve them. We use a careful and effective method to interpret the variables.

In Mark Adler's current job, it was noted that he earns $1963.71 per month

However, his new job pays him $9.80 per hour and a half for all hours over 40 hours per week.

It implies that if he works for over 40 hours per week, he gets paid at the rate of:

\(\mathbf{= 9.80 + \dfrac{9.80}{2}= \$14.7/h}\)

For 40 hours, he will make 40 hr × $14.7 / hr = $588

Therefore, to make the same amount per week at his current job, he has to work for:

\(\mathbf{= \dfrac{\$1963.71}{\$14.7}}\)

= $133.59 hours

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Which of these is an example of intangible personal property?
O A. A computer
O B. A printer
O C. A contract
O D. A car

Answers

Answer:

C. A Contract

Explanation:

A contract is most likely to be an agreement between two parties, with or without paperwork. It provides evidence to the possession of a person's belonging. Therefore, personal property.

Contract because you can’t touch it

if the pictures are not the same size when they are selected from a file

Answers

There’s no picture scab
Sorry dude u need to finish the question

the following is an example of _____ stop by our store this Saturday between 2 and 4 to get a free gift
A-a call to action
B-white space
c- a unique selling proposition
D- cultural sensitivity

Answers

Answer: a call to action

Explanation:

The following is an example of a call to action stop by our store this Saturday between 2 and 4 to get a free gift. The correct option is A. Your call to action is the section of your advertisement that instructs your target audience on what they should do after clicking on your PPC ad and arriving at your website or landing page.

What is the main goal of a call to action?

CTAs are used all across the web to entice potential leads or convert existing leads into customers. Their goal is to entice the visitor to do a specific activity.

A call-to-action is a short statement on your website, email, or another piece of content that encourages visitors to perform some desired action, which eventually continues their contact with your company.

Thus, the ideal selection is option A.

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How many times did Donald trump declare bankruptcy

Answers

Six times is the answer
The person above it correct.....6

Vaughn Company's budgeted sales and direct materials purchases are as follows. Budgeted Sales Budgeted D.M. Purchases January $ 196,000 $29.400 February 215,600 35,280 March 245.000 37,240 Vaughn's sales are 30% cash and 70% credit. Credit sales are collected 10% in the month of sale, 50% in the month following sale, and 36% in the second month following sale: 4% are uncollectible. Vaughn's purchases are 50% cash and 50% on account. Purchases on account are paid 40% in the month of purchase, and 60% in the month following purchase. (a) Prepare a schedule of expected collections from customers for March. (b) Prepare a schedule of expected payments for direct materials for March.

Answers

$215,502 in customer collections are anticipated for March.

For the month of March, direct material payments are anticipated to total $36,652.

Expected Collections is the total of I the anticipated monthly instalments related to the financing contracts under which the Purchased Receivables are secured and (ii) the anticipated monthly prepayments, as determined by the Servicer and disclosed in each Servicer Report.

For the avoidance of doubt, a payment due after an Original Reference Security has been redeemed early in accordance with its terms and conditions is not included in the term "Expected Payment," which refers to a payment due to be received under the terms of an Original Reference Security at the time the Original Reference Security is issued.

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Vaughn Company's budgeted sales and direct materials purchases are as follows. Budgeted Sales Budgeted

Match the methods to monitor on-floor selling activity and sales effectiveness to the scenario that portrays them.

Answers

Monitoring on-floor selling activity and sales effectiveness can be done through various methods that help retailers make informed decisions about their store's performance.

Here are some methods for monitoring on-floor selling activity and sales effectiveness:1. Mystery shoppingThis is where retailers hire a third-party to pose as a customer and visit the store to evaluate the level of service and sales effectiveness. Mystery shoppers can be used to evaluate different areas of the store, such as customer service, product knowledge, and sales techniques. The results can be used to identify areas of weakness and opportunities for improvement.2. Point of sale data analysisThis involves analyzing sales data collected at the checkout. This method can provide insights into sales trends, popular products, and the effectiveness of promotions and sales strategies. Retailers can use this data to make informed decisions about their store's inventory and pricing.3. In-store camerasInstalling cameras on the sales floor can help retailers monitor customer behavior, such as how long they spend in a particular area and which products they are looking at. Retailers can use this information to improve store layout and product placement.4. Customer feedback forms Retailers can use feedback forms to gather information about customers' experiences in the store.

This can include questions about the level of service, product availability, and overall satisfaction. Retailers can use this information to identify areas of improvement and make changes to the store's operations.5. Sales tracking softwareRetailers can use sales tracking software to monitor sales performance and set sales goals. This software can provide real-time updates on sales data and identify areas of strength and weakness. Retailers can use this information to make informed decisions about their store's operations and sales strategies.In conclusion, retailers can use different methods to monitor on-floor selling activity and sales effectiveness. These methods include mystery shopping, point of sale data analysis, in-store cameras, customer feedback forms, and sales tracking software. The choice of method will depend on the retailer's goals and the specific areas they want to evaluate.

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Which precaution should you take while working on a computer?
A.
Hold the connecting wires and not plugs when connecting and disconnecting.
B.
Maintain a cool temperature to avoid sweating.
C.
Keep all the screws you remove in a container because you want to use them on any device.
D.
Leave wires loose because they allow proper circulation of air.

Answers

Answer:

D.

Leave wires loose because they allow proper circulation of air.

Answer:

B

Explanation:

100% on PLATO

Recently, "de-dollarization" has become a hot topic of global discussion. Recently, a Chinese think tank published an article saying that the trend of global de-dollarization has become very clear, and many countries in the world are working hard to reduce their dependence on the US dollar. The main driving force for this trend is my country's weaponization of its currency through excessive sanctions.

Answers

De-dollarization, or the reduction of dependence on the US dollar in global financial transactions, has indeed gained attention in recent years. While it is true that some countries are actively working to diversify their currency holdings and reduce reliance on the US dollar, it is essential to consider multiple factors that contribute to this trend.

One of the factors that have led to discussions about de-dollarization is the use of economic sanctions by the United States. Economic sanctions can be a powerful tool for a country to exert pressure on another nation, but they can also have unintended consequences. When the US imposes sanctions, it often restricts access to the US financial system, which is heavily reliant on the US dollar. This has prompted some countries to explore alternative methods of conducting international trade and finance to mitigate the impact of sanctions.

China, as a rising economic power, has been at the forefront of efforts to promote de-dollarization. It has taken steps to internationalize its currency, the yuan (also known as the renminbi), and has established currency swap agreements with various countries to facilitate trade settlements in yuan. Additionally, China has been promoting the use of its currency in international transactions through initiatives like the Belt and Road Initiative, which aims to enhance trade connectivity and financial integration among participating countries.

While weaponization of the US dollar through sanctions is indeed a contributing factor to the de-dollarization trend, it is not the sole driver. Other factors include concerns about the long-term stability of the US dollar, efforts by countries to reduce vulnerability to currency fluctuations, and geopolitical considerations. Some countries view de-dollarization as a way to enhance their economic and financial sovereignty, diversify risk, and reduce exposure to potential US policy changes.

It is important to note that the process of de-dollarization is gradual and complex. The US dollar still remains the dominant global reserve currency and the primary currency for international trade. The global financial system has deep-rooted structures and networks that make a rapid shift away from the US dollar challenging. However, as various countries seek to reduce their dependence on the US dollar, we can expect ongoing discussions and actions related to de-dollarization in the global economic landscape.

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Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?

Answers

The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.

It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.

As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.

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Denzel Corporation is planning to issue bonds with a face value of $730,000 and a coupon rate of 7.5 percent. The bonds mature in 6 years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Denzel uses the effective-interest amortization method and also uses a discount account. Assume an annual market rate of interest of 8.5 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1)

Note: Use appropriate factor(s) from the tables provided.

Required:
1. and 2. Prepare the journal entries to record the issuance of the bonds and interest payment on June 30 of this year.

3. What bonds payable amount will Denzel report on its June 30 balance sheet?

Answers

1. and 2. The journal entries to record the issuance of the bonds on January 1 and the interest payment on June 30 are as follows:

Journal Entries:

January 1 Debit Cash $696,236

Debit Bond Discounts $33,764

Credit Bonds Payable $730,000

To record the issuance of the bonds.

June 30 Debit Interest Expense $29,590

Credit Bonds Amortization $2,215

Credit Cash $27,375

To record the first payment of interest.

3. The Bonds Payable on June 30 will be reported in the balance sheet as $698,451.

Bond face value = $730,000

Bonds proceeds = $696,236

Bond discount =    $33,764 ($730,000 - $696,236)

Coupon rate = 7.5%

Market rate = 8.5%

Bond maturity period = 6 years

Interest payment = semiannually

Amortization method = Effective interest

N (# of periods) = 12 (6 x 2)

I/Y (Interest per year) = 8.5%

PMT (Periodic Payment) = $27,375

FV (Future Value) = $730,000

Results:

PV = $696,236.06

Sum of all periodic payments = $328,500.00

Total Interest = $362,263.94

Transaction Analysis:

January 1 Cash $696,236 Bond Discounts $33,764 Bonds Payable $730,000

June 30 Interest Expense $29,590 Bonds Amortization $2,215 Cash $27,375

Bonds Payable on June 30 = $698,451 ($696,236 + $2,215)

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Which of the following is true if you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels?

Answers

If you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels, the Marriott’s Best Rate Guarantee policy comes into effect.

Marriott’s Best Rate Guarantee policy is a commitment to providing the lowest rate possible. If you find a lower rate within 24 hours of booking through one of Marriott’s direct channels, Marriott will match that rate and offer an additional discount of 25%.

This policy applies to any Marriott brand including Ritz-Carlton, St. Regis, Westin, Sheraton, Aloft, and othersYou need to first book your reservation through Marriott’s direct channels like Marriott.com, the Marriott Mobile app, Marriott Bonvoy app, the Marriott Reservation Center, or directly with the hotel.

After that, you should look for lower rates on other third-party websites. If you find a lower rate within 24 hours, contact Marriott’s Customer Care team, and they will match that rate plus an additional discount of 25%.The policy does come with some terms and conditions.

The lower rate you find on the third-party website must be for the same hotel, same room type, same dates, same number of guests, same currency, and with the same booking conditions. It also excludes rates that are only available to members of certain groups or organizations, package rates that include flights, car rentals, and other amenities, and rates that are not available to the general public

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#hi makenzie thomas this is the owner of Brainly we or taking away some of your coins because of the inappropriate language and offensive cheating you have been using

:Thank You

Answers

Answer:

girl yk you aint nobodies owner

Explanation:

Answer the following questions on the basis of the monopolist's situation is illustrated in the following graph.

a. At what output rate and price does the monopolist operate?
b. In the equilibrium, approximately what is the firm's total cost and total revenue?
c. What is the firm's economic profit or loss in equilibrium?

Answer the following questions on the basis of the monopolist's situation is illustrated in the following

Answers

The following answers are based on a monopoly economy.

The output rate and the price at which the monopolist operates based on the graph is 100 quantities at $10.In the market equilibrium, the firm's total cost and total revenues are $750 and $1000 respectively. The firm's economic profit in the equilibrium is $250.

What is a monopoly?

A monopoly, as defined by Irving Fisher, is a market with "no competition," resulting in a scenario in which a certain individual or organization is the exclusive supplier of a given product.

To arrive at answer a, we need to recall that the equilibrium of a monopolist is when the Marginal Cost equals the Marginal Revenue and the Marginal Cost Curve (MC) cuts the Marginal Revenue Curve (MR ) from below.

At this point, the equilibrium output is 100, and the equilibrium price is $ 10 for every unit of production.

For the answer is b, given that the firm is producing 100 units of goods at an average total cost of $7.5 (derived from the point that aligns with MR = MC), therefore,

Total Cost   = Equilibrium Output * ATC (Average Total Cost)

= 7.5 * 100

= $750

To arrive at answer c,
Recall that Economic profit is the difference between the money collected from the sale of a product and the expenses of all inputs utilized, as well as any opportunity costs, is the economic profit or loss.

Hence, Economic Profit = Total Revenue (TR) Less Total Cost (TC)

= $1000 - $ 750

= $250

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Why is it important to understand the advantages and disadvantages of different ways to pay for
expenses? Give specific examples.
Entry (350-500 words)*

Answers

The essay on understanding the advantages and disadvantages of different ways to pay for expenses is given below.

What benefits and loss do payment methods offer?

It streamlines the payment process, boosts security and convenience, happens in real-time, is incredibly handy for everyone, gives the firm a more modern appearance, spans boundaries, enhances the likelihood that budgets will be converted into sales, swiftly digitizes any business,

Accepting a paperless system with electronic payments, however, is comparatively easy. The advantages of digital payment systems include speed, safety, ease of collection, and lower costs for the company.

Making money is the entire reason a firm is established. And only if your company allows clients to make payments is the entire concept of profitability viable. Online payments have grown in importance as a result of recent technology breakthroughs in the e-commerce sector.

Offering consumers a variety of payment alternatives is advantageous for the business as well because customers are more likely to pay quickly and fully given the simplicity of payment than they would be if they only had a few options.

Lastly, Some Problems with  Payments are:

Technical difficulties.password dangers.The cost of fraud.Security worries.technological ignorance.time and resource restrictions.contested transactions

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