tang company accumulates the following data concerning raw materials in making its finished product: (1) price per pound of raw materials—net purchase price $3.20, freight-in $0.30, and receiving and handling $0.40. (2) quantity per gallon of finished product—required materials 3.20 pounds, allowance for waste and spoilage 0.90 pounds

Answer:

1. 1-Feb

Dr Accounts receivable 1,250

Cr Sales revenue 1,250

2 . 1-Feb

Dr Cost of goods sold 725

Cr Inventory 725

3. 9-Feb

Dr Sales revenue 312.50

Cr Accounts Receivable 312.50

4. 9-Feb

Dr inventory 195

Cr Cost of goods sold 195

5. 2-Mar

Dr Cash 937.50

Cr Accounts receivable 937.50

B. Gross profit percentage=43.47%

Explanation:

A. Preparation of the journal entries to record sales , goods return on February 9 and Cash collected on March 2

1 to 3 Preparation of the journal entries to record sales

1. 1-Feb

Dr Accounts receivable 1,250

Cr Sales revenue 1,250

2 . 1-Feb

Dr Cost of goods sold 725

Cr Inventory 725

3. 9-Feb

Dr Sales revenue 312.50

Cr Accounts Receivable 312.50

(1/4*1,250)

4. Preparation of the journal entry to record goods return on February 9

9-Feb

Dr inventory 195

Cr Cost of goods sold 195

5. Preparation of the journal entry to record collected on March 2

2-Mar

Dr Cash 937.50

Cr Accounts receivable 937.50

(1,250-312.50)

B. Calculation for the gross profit percentage for sales to Sarah's Cycles

First step is to find the gross profit

Net sales 937.50

Less Cost of goods sold (530)

(725-195 )

Gross profit 407.50

Now let calculate the Gross profit percentage using this formula

Gross profit percentage = Gross profit/Sales

Let plug in the formula

Gross profit percentage=407.50/937.50

Gross profit percentage=0.4347*100

Gross profit percentage=43.47%

In a market economy, the allocation of resources and distribution of goods are determined by the forces of supply and demand.

Producers compete with each other to sell their goods and services to consumers who are willing to pay the most for them. This competition drives prices up or down, and producers adjust their production levels accordingly to maximize profits.

In a planned economy, the government controls the allocation of resources and distribution of goods. The government decides what goods and services should be produced and how much should be produced. The prices of goods and services are also set by the government rather than by market forces.

The aim of a planned economy is to distribute resources and goods in a way that benefits society as a whole, rather than just the individual interests of producers and consumers. However, planned economies have historically struggled to efficiently allocate resources and often suffer from shortages or surpluses.

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Answer:

Expansionary monetary policies

Explanation:

A recession is characterized by reduced economic activities, a high unemployment rate, and low business incomes. The economy experiences a reduced demand for products and services, leading to low production and a slow economic growth rate.

In a recession like in 2020, the Fed should employ measures that will stimulate economic growth. The appropriate measures are the expansionary monetary policies. These policies seek to increase liquidity in the market, thereby increasing the aggregate demand. Expansionary monetary policies increase the money supply in the economy; they include a reduction in the reserve requirement, reduction in the discount rate, and open market purchases.

Answer:

Oligopoly is a market structure with a small number of firms, none of which can keep the others from having significant influence, whereas monopoly is one firm, a duopoly is two firms and an oligopoly is two or more firms.

Explanation:

got it from class with help from investopida

Answer:

A

Explanation:

The given scenario that states "The Ford Motor company purchases an existing production facility in China for the purpose of a new product release" is an example of a direct investment.

Direct investment (DI) is a form of foreign investment in which a business establishes a direct investment in foreign markets by acquiring or starting a company in another country. This entails substantial ownership of foreign operations in the country where investment is being made. Direct investment is a method of foreign investment in which firms create, extend, or maintain overseas production or services.

International investments, either by buying a business or by expanding operations of an existing business in a foreign country, are classified as direct investment.

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Answer:

um look and ctrl C my link and it have the answer

Explanation:

um that should also give ur answer too

https://quizlet.com/68451633/personal-finance-flash-cards/

Answer:

The answer is Budget D

Explanation:

a) We can use the computer to run the linear programming model.

By adding another worker, the new optimal solution is (13, 167, 30, 0, 133) with a profit of $37.57.

By increasing the vending machine capacity by 100 sandwiches, the new optimal solution is (14, 164, 35, 0, 136) with a profit of $37.50.

Therefore, the optimal decision is to hire another worker as it would result in a higher profit of $0.07.

b) The new optimal solution is (8.57, 148.57, 42.86, 0, 148.57) with a profit of $35.71.

The profit of the optimal solution with the requirement that at least 200 sandwiches of each kind be stocked is $37.50.

Therefore, the optimal solution is to keep the requirement that at least 200 sandwiches of each kind be stocked.

c) By increasing the profit for a ham and cheese sandwich to $0.40, we can run the linear programming model again to find out what the new optimal solution is.

The new optimal solution is (11.25, 168.75, 31.25, 0, 131.25) with a profit of $38.44.

By increasing the profit for a ham and cheese sandwich to $0.45, the new optimal solution is (12.5, 168.75, 28.13, 0, 137.5) with a profit of $38.59.

Therefore, the optimal decision is to increase the profit for a ham and cheese sandwich to $0.45 as it would result in a higher profit.

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The company's taxable income, in this case, was $385,714.29.

To calculate the taxable income, we can use the formula: Taxable Income = Tax Bill / Tax Rate.

In this case, the tax bill is given as $81,000 and the tax rate is 21%. Substituting these values into the formula, we get:

Taxable Income = $81,000 / 0.21 = $385,714.29.

Therefore, the company's taxable income for its first year of operation was $385,714.29.

Taxable income refers to the portion of a company's income that is subject to taxation. It is calculated by subtracting allowable deductions and exemptions from the company's total income. The resulting taxable income is then used to determine the amount of taxes owed to the government based on the applicable tax rate. In this case, the company's federal tax bill of $81,000 represents 21% of its taxable income, indicating that the taxable income was $385,714.29.

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Answer:

C.

Explanation:

It's obviously not A, because that would lead to a corrupt society. It's not B either, because no one would pay if that were a policy, and it wouldn't be any different than giving out money for free.

C is correct. If a debtor misses payments on a loan, the creditor has the right to transfer the amount due plus interest to the next given payment. The next given payment will cost the debtor the amount due previously, plus interest (for being late), and the amount due that month.

For example, a debtor makes monthly payments of $1,000 to their creditor. If the debtor misses this month's payment (which equates to $1,000), the creditor has the right to move the amount due plus interest to next January.

Generally speaking, interest should be around 10% annually and broken down into monthly charges. So the annual interest rate would be $100, which makes the monthly interest rate $8.33. Next January, the debtor would pay the amount due previously ($1,000), plus interest ($8.33), and the amount due that month ($1,000).

The debtor will need to pay $2008.33 in January.

A lot of people might mistake D as the correct answer, but creditors don't have to declare bankruptcy.

The correct option is C. When you miss payments on a loan, creditors have the right to take measures to get their money back. Normally, the creditor will get in touch with you and let the credit bureaus know about the default.

A creditor is a company that extends credit, allowing another company to borrow money that will eventually be repaid. A company that offers goods or services but does not request payment upfront is also considered a creditor because the customer owes the company money for work already completed.

A creditor has a range of alternatives available to it to induce payment if you miss a payment or are unable to pay a debt, including using collection firms. Inability to pay a debt can still have negative effects, such as ruined credit scores and lawsuits, even though debtor's prison is a thing of the past.

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Answer:

pure competition ids defined as a market structure with many fully informed buyers and sellers in an identical producer and ease of entry. if there were more market shares, there would be more competition.

Explanation:

Answer: Be consistent

If you change your branding too often you will confuse consumers

Explanation:

Answer:

the expected returns are missing, so I looked for a similar question:

Treasury bills  4.5%   $80,000

Ford (F) 8.0%   $60,000

Harley Davidson (HOG) 12.0%   $60,000

a) portfolio's expected return = (4.5% x $80,000) + (8% x $60,000) + (12% x $60,000) = $15,600

b) new portfolios expected return = (8% x $100,000) + (12% x $100,000) = $22,000

c) to lower risk. Treasury bills pay a low return but they are risk free investments. While stocks yield a higher return but they also carry a much higher risk.

Natural capital are natural assets in their function of providing natural aid inputs and environmental offerings for monetary production. Context:

Natural capital is normally regarded to include three important categories: natural aid stocks, land and ecosystems

Natural Capital can be described as the world's shares of natural assets which consist of geology, soil, air, water and all residing things. It is from this Natural Capital that humans derive a broad range of services, often referred to as ecosystem services, which make human life possible.

Businesses would possibly use this natural capital data to assist them to examine vast risks and opportunities at either a product, venture or organizational level. Conducting these assessments allows companies to determine which areas of their business are in need of higher management or extended investment.

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Answer:false Explanation:

Answer:

False

Explanation:

Copyright exists from the moment the work is created.

Answer:

I managed workers of seven in the associate degree info Services department whose responsibilities enclosed delivering specifications and software package to internal purchasers. My role was that of PM or Project Manager, and my responsibilities enclosed one. guaranteeing every staffer was alert to their specific duties, 2. maintained the relevant timelines and ensured every team-member's deliverables arrived on time, 3. arranged, coordinated, and crystal rectifier conferences to debate current and approaching come, and 4. maintained knowledgeable and cozy social atmosphere for my workers.

One of the tougher problems I Janus-faced was after we employed a very bright developer whose my leader had W2'd in from the Asian nation. though he was very precocious in development of the cultural variations between his land and our mostly-female dev team quickly became telling. Sensing the growing hostility in my work cluster, and distinctive the problem, I quietly organized for the W2 worker to attend a cultural sensitivity coaching seminar (couching it as a necessary attend for all employees), and taking aside the pained parties and asking in a well-mannered way to figure with Maine on desegregation him. In the end, he came to a lot of embarrassed, apologized, and our team ran like mechanism thenceforth

Answer:

There are two points that I would like to single out that are very similar. First by implementing tax and gift taxes, Founding Father wanted to weaken families and business of that time, since there was a threat that rich families could become permanent aristocracy which over time could lead to the point where that families will rule the US. Second, by implementing those two taxes, government is taking a share from receivers since the receivers are getting some good that they did not earn it, they have just received it as a gift or as an estate. This way inheritance or gift would be of a much lesser value then it was before someone’s death or before someone made a gift. This was important because wealth of powerful families would just accumulate and grow so government of that time, strictly out of political reasons, prescribed those two taxes, so that the wealth will be smaller of value after tax.

The idea of avoiding an aristocracy by the founders of USA is related to estate and gift taxes because:

According to the given question, we are asked to show the link which the founders of America had to preventing aristocracy and imposing estate and gift taxes.

As a result of this, we need to remember than an aristocracy is a government based on the wealthy and influential members of the society and this was one of the things which the Founding Fathers of America sought to prevent.

With this in mind, we can see that they imposed gift and estate taxes which was specifically targeted at the extremely wealthy so that their influence would be reduced and the country would not become an aristocracy.

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In a perfectly competitive industry that operates in a constant-cost industry, the long-run equilibrium is established at a point where the price equals the minimum average total cost of production. In this scenario, the industry is in long-run equilibrium at a price of $20. If the demand for the product decreases, it would lead to excess supply, which would force firms to reduce their prices to remain competitive. This reduction in price would result in some firms leaving the industry as they would not be able to cover their costs at the new lower price.

In the long-run, this exit of firms would decrease the supply of the product, which would then increase the price. The increase in price would continue until the remaining firms in the industry are once again earning a normal profit, which would happen when the price is equal to the minimum average total cost of production. Therefore, the long-run equilibrium would be reestablished at a price less than $20, as the decrease in demand would lead to a decrease in the equilibrium price. The answer, in this case, would be "less than $20".

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The maturity date of a promissory note represents the due date for both the principal and any accrued interest. The statement is False.

The maturity date of a promissory note represents the due date for both the principal amount borrowed and any accrued interest. A promissory note is a legal document that outlines the terms and conditions of a loan, including the repayment schedule. It specifies the maturity date, which is the date on which the borrower is obligated to repay the lender the full amount borrowed.

In addition to the principal amount, a promissory note typically includes provisions for interest. The interest represents the cost of borrowing and is calculated based on the principal amount and the agreed-upon interest rate. The interest may accrue over the loan's duration and is payable along with the principal at the maturity date.

Therefore, when the maturity date of a promissory note is reached, the borrower is required to repay both the principal amount and any accrued interest to the lender. It is essential for both parties involved to adhere to the terms of the promissory note to ensure proper repayment and fulfillment of the loan agreement.

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Answer:

I would define the concept of business as the activity of making, buying, selling goods or providing services in exchange for payment.

Have a nice rest of your day!

Answer:

a person's regular occupation, profession, or trade.

Explanation:

When comparing calculated location quotients with existing location quotients available from the BLS website, the results may vary due to different time periods, data sources, and methodology.

The location quotient (LQ) technique is used to measure the concentration of a specific occupation, industry, or demographic group in a particular region as compared to a larger geographic area, such as the entire nation.

It is calculated as the ratio of the proportion of employment in a particular region for a specific industry or occupation to the proportion of employment in that industry or occupation for the larger geographic area.

The formula for calculating the location quotient is:

LQ = (Employment in region for a specific industry or occupation / Total employment in the region) / (Employment in the larger geographic area for the same industry or occupation / Total employment in the larger geographic area)

A location quotient of 1 indicates that the industry or occupation has the same level of concentration in the region as in the larger geographic area. A location quotient greater than 1 indicates a higher concentration in the region, while a location quotient less than 1 indicates a lower concentration in the region.

To calculate the location quotient, one needs to know the employment figures for the specific industry or occupation for both the region and the larger geographic area. These figures can be obtained from government agencies like the Bureau of Labor Statistics (BLS).

When comparing calculated location quotients with existing location quotients available from the BLS website, the results may vary due to different time periods, data sources, and methodology. However, the general interpretation of the location quotient remains the same.

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Answer: A trade war happens when one country retaliates against another by raising import tariffs or placing other restrictions on the other country's imports.

Explanation:

Answer:

Chef

Explanation:

A chef prepares food

Invest in sponsored social media marketing campaigns or run Face-book banner advertising. Retargeting advertising should be used for prospects who have already visited your website. Customers social media contests to attract new clients.

Promote your products on the radio or television. International marketing is vital since it exposes your company to a bigger, global audience. On a brand level, foreign marketing provides opportunities for improved exposure, product awareness, and sales. Local marketing Customers is when you market your business to people within a certain geographical radius, such as those in your neighborhood or city. By focusing on a single area, you can begin to raise awareness of your products and services in the market that is nearest to you.

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Answer:

False

Explanation:

A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.

This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, workers working as a team usually interact with the other team members and as a result, this enhances performance and strengthen the level of relationship they share.

Basically, when coworkers or employees working in an organization have mutual respect for one another, it would help to tighten or strengthen the bond that exists in the workplace and as such improving their feelings for each other.

This ultimately implies that, feelings cannot be hurt by mutually respecting coworkers.

An expression that can be used to determine the total amount of credit cards opened at the two locations is: (A+B) (t)=35+t.

Expression for location A

Location A total number of credit card=A(t)=10+2t

Expression for location B

Location B total number of credit card=B(t)=25-t

Hence,

Total amount of credit card:

(A+B) (t)=(10+2t) + (25-t)

(A+B) (t)=10+2t+25-t

(A+B) (t)=35+t

Therefore an expression that can be used to determine the total amount of credit cards opened at the two locations is: (A+B) (t)=35+t.

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