Answer:
To calculate the projected after-tax operating cash flow for Steber Packaging Inc., we need to determine the net cash inflow from sales, subtract operating expenses, account for the difference between reported and tax depreciation, and consider the tax impact
Explanation:
Net cash inflow from sales: Cash sales ($14.75 million) + Collections from accounts receivable (75% of $44.25 million) = $14.75 million + $33.19 million = $47.94 million
Operating cash flow before taxes: Net cash inflow from sales ($47.94 million) - Operating expenses ($29 million) - Reported depreciation ($3 million) = $15.94 million
Taxable income: Operating cash flow before taxes ($15.94 million) + Tax depreciation ($7 million) = $22.94 million
Taxes: Taxable income ($22.94 million) × Tax rate (34%) = $7.79 million
After-tax operating cash flow: Operating cash flow before taxes ($15.94 million) - Taxes ($7.79 million) = $8.15 million
Therefore, the projected after-tax operating cash flow for Steber Packaging Inc. during the coming year is approximately $8.15 million.
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A company issued 80 shares of $100 par value common stock for $9,400 cash. The total amount of paid-in capital in excess of par is: Multiple Choice $100. $800. $1,400. $8,000. $9,400.
The total amount of paid-in capital in excess of par is $7,400 ($9,400 cash received - (80 shares x $100 par value = $8,000)). Therefore, the closest answer choice is $7,400.
A company issued 80 shares of $100 par value common stock for $9,400 cash. The total amount of paid-in capital in excess of par is:
$1,400.
Here's the calculation:
Cash received for the stock = $9,400
Par value of stock = $100 per share
Number of shares issued = 80
Total par value = Par value per share x Number of shares = $100 x 80 = $8,000
Paid-in capital in excess of par = Cash received - Total par value = $9,400 - $8,000 = $1,400.
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Error in amortization schedule 乌ி LO14-3 Nakano Food Products, Inc., acquired a packaging machine from Lawrence Specialists Corporation. - Lawrence completed construction of the machine on January 1, 2022. - In payment for the machine Nakano issued a threeyear installment note to be paid in three equal payments at the end of each year. - The payments include interest at the rate of 10%. - Lawrence made a conceptual error in preparing the amortization schedule, which Nakano failed to discover until 2024. - The error had caused Nakano to understate interest expense by $45,000 in 2022 and $40,000 in 2023. Required: I. Determine which accounts are incorrect as a result of these errors at January 1. 2024, before any adjustments. Explain your answer. (Ignore income taxes.) 2. Prepare a journal entry to correct the error. 3. What other step(s) would be taken in connection with the error?
1. Accounts affected by the errors at January 1, 2024, before any adjustments need to be determined.(2.) A journal entry should be prepared to correct the error.(3.) Additional steps may be required to address the error.
1. Accounts affected by the errors: The errors in the amortization schedule caused Nakano to understate interest expense by $45,000 in 2022 and $40,000 in 2023. As a result, the interest expense account for both years would be understated. The notes payable account would also be affected because the correct amount of interest expense should have been included in the note payable balance. Therefore, at January 1, 2024, before any adjustments, the interest expense and notes payable accounts would be incorrect due to the errors.
2. Journal entry to correct the error: To rectify the errors, a correcting journal entry needs to be made. The entry would involve increasing the interest expense account by $45,000 for 2022 and $40,000 for 2023, as these amounts were previously understated. Additionally, the notes payable account should be adjusted by the same amounts to reflect the correct balances. The journal entry would debit the interest expense account and credit the notes payable account.
3. Other steps in connection with the error: Apart from the journal entry, further steps may be taken to address the error. This may include notifying external parties, such as auditors or stakeholders, about the correction made to the financial statements. It is important to ensure that the corrected financial statements are properly communicated and any necessary disclosures or adjustments are made to prevent future misstatements. Internal controls and review processes may also be evaluated or strengthened to minimize the chances of similar errors occurring in the future.
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How do producers and consumers think similarly and differently about price?
Answer:
hsjshsbajakiaiauahabwj
Explanation:
jqbavsysuaiqjqnabahahai
what is bank of america gme?
Bank of America GME stands for Bank of America Global Market Equity. It is a division of Bank of America that deals with equity trading and investments on a global scale. This division of the bank is responsible for providing clients with investment opportunities in global stock markets.
When a company goes public, it offers shares of ownership to investors in exchange for capital. These shares are traded on a stock exchange, such as the New York Stock Exchange, and their value fluctuates depending on various factors such as market demand, company performance, and economic indicators.
The Bank of America GME division helps clients invest in stocks and other equity instruments in various markets around the world. This allows clients to diversify their investment portfolios and potentially achieve greater returns.
These models may incorporate data such as stock prices, earnings reports, economic indicators, and other relevant factors. By analyzing this data, the division can estimate the future performance of a particular investment and make recommendations to clients.
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The hub-and-spoke data warehouse model uses a centralized warehouse feeding dependent data marts. Group of answer choices True False
The user interface communicates with the application server, which then communicates with the database server.
The statement "The hub-and-spoke data warehouse model uses a centralized warehouse feeding dependent data marts" is True.
A data warehouse architecture is an arrangement that describes the connection between various components of data warehouse systems. There are three different types of data warehouse architecture.
They are:
Single-tier architecture, Two-tier architecture, and Three-tier architecture
Single-tier architecture:
A single-tier architecture, also known as a standalone architecture, does not have a distinct client-server relationship. Users directly access the database to run queries.
Two-tier architecture:
In a two-tier architecture, a user interface and the database are the two components. The user interface interacts with the database to run queries. As a result, there is a distinct client-server relationship.
Three-tier architecture:
In a three-tier architecture, three components are involved:
A user interface, application server, and database server. The user interface and application server are located on the client side, whereas the database server is located on the server side. The user interface communicates with the application server, which then communicates with the database server.
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A writer, an illustrator, a publisher and an agent would form a
a. Functional team
b. Cross-functional team
C. Management team
d. Corporate team
Answer:
B. Cross-functional team
Explanation:
A writer, an illustrator, a publisher, and an agent would form a Cross-functional team. The correct option is B.
What are cross-functional skills?A Cross-Functional Candidate, according to Glassdoor, is a candidate with jack-of-all-trades abilities. In other words, a candidate with cross-functional skills is someone who is proficient in one or more related technologies or skills while also being knowledgeable in other technologies or skills.
Working cross-functionally, also referred to as working with teams other than your own, will inevitably occur at some point in your career. And doing it well can inspire innovative ideas, enhance your ability to interact with others, and improve your workplace's culture, productivity, and happiness.
Thus, the ideal selection is option B.
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Please help me the due date is tomorrow!!!
-Find one business/company
- Assess the company
i company background
ii company operation
iii ethical decision/operation taken by the company
iv assess the advantage and disadvantage
Sure, I can help you with that! Here is an assessment of Tesla, Inc. based on the criteria you provided:
i. Company background:
Tesla, Inc. is an American electric vehicle and clean energy company founded in 2003 by Elon Musk, JB Straubel, Martin Eberhard, Marc Tarpenning, and Ian Wright. Tesla designs and manufactures electric cars, battery storage systems, and solar panels. The company is headquartered in Palo Alto, California, and has manufacturing facilities in California, Nevada, New York, and China.
ii. Company operation:
Tesla's operations primarily revolve around the production of electric vehicles and energy storage solutions. The company has a strong focus on innovation and sustainability, and it aims to accelerate the world's transition to sustainable energy. Tesla produces several models of electric cars, including the Model S, Model X, Model 3, and Model Y. The company also sells solar panels and battery storage systems for homes and businesses.
iii. Ethical decisions/operations taken by the company:
Tesla has made several ethical decisions and operations in recent years. For example, the company has committed to sourcing all of its raw materials from sustainable sources and has implemented recycling programs to reduce waste. Additionally, Tesla has made a significant commitment to worker safety and has invested in developing advanced safety systems for its vehicles. The company has also been vocal about its support for climate action and has pledged to reduce its carbon footprint.
iv. Advantages and disadvantages:
Advantages:
Tesla is a leader in the electric vehicle market and has a strong brand reputation for innovation and sustainability.
The company's focus on sustainability has helped it attract customers who are interested in reducing their carbon footprint.
Tesla's energy storage solutions have the potential to help reduce dependence on fossil fuels.
Disadvantages:
Tesla faces significant competition from other electric vehicle manufacturers.
The high cost of Tesla's vehicles may limit the company's market reach.
The company's reliance on battery technology may pose challenges in terms of supply chain and availability of raw materials.
Overall, Tesla is a company with a strong commitment to sustainability and innovation, and it has the potential to play a significant role in reducing the world's carbon footprint. However, the company also faces challenges and limitations that may impact its future success.
What is the future value of $1,900 in 18 years at an APR of 7.2 percent compounded semiannually? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future
To calculate the future value of $1,900 in 18 years at an annual percentage rate (APR) of 7.2 percent compounded semiannually, the future value formula can be used.
The specific calculation requires knowledge of the interest rate, compounding period, and time period. The result represents the amount the initial $1,900 will grow to after 18 years.
The future value (FV) can be calculated using the formula FV = PV * (1 + r/n)^(nt), where PV is the present value ($1,900), r is the annual interest rate (7.2% or 0.072), n is the compounding frequency per year (2 for semiannual compounding), and t is the number of years (18).
Plugging in the given values into the formula, we have FV = $1,900 * (1 + 0.072/2)^(2 * 18).
Simplifying the expression within the parentheses, we get (1 + 0.036)^36.
Calculating the value within the parentheses, we have 1.036^36.
Using a calculator or spreadsheet, raising 1.036 to the power of 36 yields approximately 2.1176.
Multiplying $1,900 by 2.1176 gives us the future value: $4,023.84.
Therefore, the future value of $1,900 in 18 years at an APR of 7.2 percent compounded semiannually is approximately $4,023.84, rounded to 2 decimal places.
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11. What are assets?
Answer:
I believe it's the last option.
Explanation:
An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit. Assets are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations.
Which of the following is most likely to create a long-term trend?
A. Fashion
B. Entertainment
C. Television shows
D. Demographics
Demographics is most likely to create a long-term trend. Demographics is the study of the characteristics of human populations, such as age, sex, education, income, and race. The correct answer is option D.
These factors have a significant impact on consumer behavior, and thus, they can create long-term trends in the marketplace. As people age, their preferences change, and they tend to consume different products and services. For example, as the baby boomer generation has aged, there has been a trend towards products and services that cater to their needs, such as retirement communities, healthcare, and leisure activities.
Additionally, changes in education, income, and race can create new trends in consumer behavior. For example, if there is an increase in the number of people with higher education degrees, this could lead to a trend towards products and services that cater to their needs, such as high-tech gadgets, gourmet foods, and luxury vacations. Therefore, demographics is most likely to create a long-term trend. The correct answer is option D.
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Hansel just bought 100 N95 masks to sell during the pandemic. Hansel realizes he doesn’t have enough and calls Gretel on the phone to see if she has any extra. Hansel offers to pay Gretel $500 if Gretel sends him 50 N95 masks within 48 hours. Gretel needs the money, so she promises to send Hansel the 50 masks within 24 hours. Please explain what type of contract was created, if any?
Does it matter that all of the interaction between Hansel and Gretel occurred through cell phone conversations and voice mail? [Clearly state ”Yes” or “No”] Why or why not? Please explain any relevant contract principle(s) in your answer.
Answer:
There is no specific type of contract to define this agreement, as it was a verbal acceptance. And yes, there is a difference in the use of cellphone and voicemail as there would be a time difference. Please give brainliest.
This arrangement had verbal acceptance , hence there is no particular kind of document to describe it. As there would be a time gap, using a cellphone and voicemail do differ from one another.
What is verbal acceptance?A verbal contract, which is sometimes referred to as an oral contract or parol contract, is an agreement reached between two or more persons using the spoken word. Parol is to vocally communicate or provide something.
Even without written words, actions can be used to verify verbal agreements. Any oral agreement to provide a service is a legally binding contract. However, some agreements must be in writing and if they are not, they are not legally binding.
Just like a written offer, an unconditional verbal offer becomes enforceable and legally binding upon acceptance. However, some offers, including those made in the sale or purchase of real estate, must be made in writing.
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Why is it important to file your federal incomes taxes every year?.
Answer:
Avoid losing future refunds.
Explanation:
Part or all of any refund is first used to pay any back taxes owed. Safeguard credit. If the IRS files a tax lien against a taxpayer, it could affect credit scores and make it harder to get a loan.
Exercise equipment manufacturer Heavyweight, Inc. has experienced disappointing financial results due to the costs associated with shipping its products to wholesalers. This is an example of a(n) ______ cost disadvantage. Multiple choice question. forward channel ally supplier-related internal impossible
Answer:
Forward channel ally
Explanation:
The distribution channel is made up of a network of different players that help in movement a good from the manufacturer to the final consumer.
It is made up of suppliers, middle men, shipping agents, wholesalers, and retailers.
Forward channel ally are the next steps in the distribution channel.
In this instance it is the shipping agent that is supposed to transfer the goods to the wholesalers.
Heavyweight, Inc experiencing disappointing financial results due to the costs associated with shipping its products to wholesalers is a example of forward channel ally cost disadvantage
A business-level strategy is: a. a marketing and positioning program designed to explain a business to its customers. b. an integrated and coordinated set of commitments and actions the firm uses to gain a competitive advantage by exploiting core competencies in a specific product market. c. the actions the firm takes by selecting and managing a group of different businesses competing in different product markets. d. a set of actions and commitments through which the firm sells its products outside of its domestic market.
The planning effort by top management in large companies is more _____.
Answer: Comprehensive
Explanation:
Top management in large companies typically have a more comprehensive approach to planning than smaller companies. This is because larger companies often have more complex operations and require a more detailed strategic plan to ensure long-term success. They may also need to consider a larger range of variables, such as economic trends, political changes, and competitor behavior. As a result, top management in large companies typically invest more time and resources into planning and developing strategies to address these issues.
Sales Tax is the amount added to a purchase that is charged by the government
True
O False
Answer:
True
Explanation:
If I am wrong, I am sorry!
You have $55,000 in a savings account that pays 2% interest per year.
The inflation rate that year is 3.24%.
To calculate simple interest: Principal x Rate x Time = Interest
How much do you make in interest in a year?
Answer:
1. the interest make in a year is $1100
2. the spending power need to make to keep up with inflation in that year is $1782.
3. the buying power lose in that year because of inflation is $682. the buying power lose in that year because of inflation is $682.
Explanation:
In a savings account, amount $55,000 which pays 2% interest each year and the rate of inflation is 3.24% gives,
1.The interest make in a year is $1100
2. Spending power need to make to keep up with inflation in that year is $1782.
3. Buying power lose in that year because of inflation is $682
1. the interest make in a year is $1100
2. the spending power need to make to keep up with inflation in that year is $1782.
3. the buying power lose in that year because of inflation is $682. the buying power lose in that year because of inflation is $682.
Hey Yall I am giving 100 points away and a brainliest!!!!!!!!!!!!
Answer:
tysm
Explanation:
Answer:
ty
Explanation:
True or False, for both parties to gain from trade, the price at which they trade must lie between the two opportunity costs.
True. As a result, in order for both parties to benefit from trade, the price must fall between the two opportunity costs.
To benefit from trade, both parties must agree on a price that is between the two opportunity costs. This is because if the price is lower than one of the parties' opportunity costs, that party will not trade because it would be better off not trading. Similarly, if the price exceeds the opportunity cost for one of the parties, that party will not trade because they are better off not trading. The net benefits to economic agents from increased voluntary trading with one another are known as trade benefits. In technical terms, they are the increase in consumer surplus plus the increase in producer surplus as a result of lower tariffs or other trade liberalization.
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Automobile manufacturers such as ford and general motors often use ________ distribution, such that dealers act as retailers.
Automobile manufacturers such as ford and general motors often use indirect distribution, such that dealers act as retailers.
What is indirect distribution?
Indirect distribution is selling wholesale to agents or merchants who will distribute the product on your behalf. They keep it, show it, and use salespeople to get it into the hands of customers.
When there are middlemen or intermediates in the distribution channel, this is referred to as indirect distribution. The intermediates in the wood example would be the lumber manufacturer, the furniture maker, and the retailer.
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Which statement best explains why interest rates are impprtant when saving money? A lower interest rate allows someone's debt to grow more quickly The higher the interest rate the more cost to save money in a bank The higher the interest rate helps someone's money grow larger over time The lower the interest rate, the less it costs tk save money in a bank
Answer:
The higher the interest rate helps someone's money grow larger over time
Explanation:
Interest rate is the percentage earned by depositors on their deposit. For example, if a person save $200. If the interest rate is 10%, the person earns $20 on her deposit.
The higher the interest rate, the higher the growth in deposit.
For example if a bank offers a compound interest of 10% on deposit and another bank offers a compound interest of 20% on deposit. If $200 is deposited, after 3 years, the total amount that would be had in each bank is
$200 x (1.1)^3 = $266.20
$200 x (1.2)^3 = $345.60
It can be seen that the amount after 3 years is higher at the bank with the higher interest rate
1 - At the extremes of KM strategy, How knowledge management drives enterprise strategy? What is the importance of the IS/1 department and HR departments talking to one another for the development of a KM strategy? Word Limit: 250-300 Words in Total
At the extremes of KM strategy, knowledge management drives enterprise strategy through its integration in all the organizational activities. Knowledge management enables companies to leverage their knowledge assets and put them to good use.
It allows companies to harness knowledge as a critical resource to achieve their strategic objectives. KM drives enterprise strategy in the following ways:1. Facilitating innovation Knowledge management can help companies generate new ideas that lead to innovation. It provides a framework that enables employees to share their knowledge, collaborate, and brainstorm ideas. This fosters a culture of innovation that drives enterprise strategy.2. Improving customer service Customer service is a critical component of enterprise strategy. Knowledge management enables companies to provide better customer service by empowering customer-facing employees with relevant information. This improves the customer experience and helps companies build customer loyalty.3. Enhancing operational efficiency KM can also help companies streamline their operations by improving efficiency. It provides employees with the tools and information they need to do their jobs more effectively. This reduces the time and resources required to complete tasks, allowing companies to be more agile and responsive to changing market conditions.4. Driving revenue growth Finally, KM can help companies drive revenue growth by enabling them to leverage their knowledge assets. It allows companies to identify new markets, develop new products, and enter new business lines. This creates new revenue streams and drives enterprise strategy.
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Identify and explain the three basic steps strategy formulation
The first three steps in the strategic management process are part of the strategy formulation phase. These include analysis, strategy formulation, and goal setting. The final two steps in strategic management constitute implementation.
I hope this helps it’s all I know
Contribution margin is:
A) Revenues divided by fixed costs
B) Revenues minus variable cost
C) Revenues plus variable cost
D) Net Sales
E) None of these
The correct answer for the definition of contribution margin is B) Revenues minus variable costs.
Contribution margin is the amount of revenue that remains after deducting the variable costs associated with the production or sale of a product. It is a useful tool for determining the profitability of individual products or services, as it helps to assess the amount of revenue that contributes towards covering the fixed costs of a business.
By calculating the contribution margin, a business can determine the level of sales volume required to break even or generate a profit. This information is important for making strategic decisions regarding pricing, cost management, and product mix.
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Learning is Fun company had current assets amounting to Php 100,000. Noncurrent assets for the year totaled Php 76,000. How much is the company's total assets?
The company's total assets are Php 176,000
How to calculate total assets?By adding current and non-current assets, we will get the company's total assets.
Given:
Current assets = 100,000
Non current assets = 76,000
By adding current and non-current assets:
Total assets = current + non current
Total assets = 100,000 + 76,000
Total assets = 176,000
Taking liabilities into account makes for the most accurate calculation of total assets. To determine total assets, you subtract the value of liabilities from the value of assets.
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A high growth market in South America has the following five brands competing in two regions (yearly sales): Total Units Units Brands Revenues (South) (North) (Pesos) Allright 9,000 150 159 Besthelp 4,580 100 200 Coldcure+ 6,000 179 Defogg 6,940 200 200 Effect 14,000 350 317 What is Defogg's revenue market share?
Defogg's revenue market share, given the total revenue made from the high growth market by the 5 firms in the industry, is 17. 18 %
How to find the market share ?Market share is the percentage of a company's industry's total revenues that it generates. The company's sales for the time period are divided by the total sales for the sector for that time period to determine market share. This metric is employed to provide a basic understanding of a company's size in relation to its market and rivals. The business with the biggest market share in a certain sector is the market leader in that sector.
To find the revenue market share, you first need to find the total market share of all the firms as :
= (total revenue of Allright) + (total revenue of Besthelp) + ( total revenue of Coldcure+) + (total revenue of Defogg) + (total revenue of Effect)
= 9, 000 + 4, 580 + 6, 000 + 6, 940 + 14, 000
= 40, 520 Pesos
Defogg's revenue market share is :
= Defogg revenue / Total market share
= 6, 940 / 40, 520
= 17. 18 %
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The king company purchased equipment on may 1, 2023 for $13,800 and expects that it will be useful for five years at which time it could be sold for $1,500. What is the balance of accumulated depreciation at the end of 2024? enter as a positive number
The equipment was purchased on May 1, 2023, so it was in service for 8 months in 2023 (May-December). The remaining useful life of the equipment at the beginning of 2024 is 4 years (5 - 1).
The annual depreciation expense is ($13,800 - $1,500) / 5 years = $2,460 per year.
Therefore, the accumulated depreciation for the end of 2024 would be:
Accumulated depreciation = Depreciation expense x Time in use
Accumulated depreciation = $2,460 x 1 year
Accumulated depreciation = $2,460
So the balance of accumulated depreciation at the end of 2024 would be $2,460.
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Look at the following statements. Choose the one correct answer.
Online bill paying can make a lot of sense.
You cannot overdraw your account with online bill paying.
Checking accounts can (and should) be linked to savings accounts.
Both A and C.
The following statements should be considered true:
When the bill is paid online so it makes understandable.The checking account should be connected with the saving accounts.The following information should be considered:
The account could be overdrawn when the bill is to pay online.When the bill is to be paid online so it is understandable.Also, the checking account could be connected with the saving account.Therefore, we can conclude that both A and C are correct.
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What is gross profit? A. The money left over after the cost of making a product or providing a service B. The cost of labor to produce a product C. The difference between a product's price and the revenue of the company D. A negative net profit, so the company experiences a loss Please select the best answer from the choices provided A B C D Mark this and return
Answer:
The answer is A
Explanation:
Answer from another website: Gross profit is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Hope dis helps u
asar1:sajan commerce business with cash rs150000and furniture rs5000
asar5:purchased goods form raj rs5000 on cash and 10000 on credit.
asar11:good sold to hair for rs10000 on credits.
asar15:cash received from hair rs 5000
Answer: i think its B
Explanation: