the amounts that are credited to the buyer on the closing statement include a) interest paid in advance. b) rent owed but not yet collected. c) the selling price. d) the earnest money deposit.
Answers
In a real estate transaction, a closing statement is a document that gives an itemized breakdown of all the buying or selling costs related to the transaction. It is a common component of home sales and refinancings, especially when mortgages are involved.
On a closing statement, what does the term "credit to the buyer" mean?When it comes time to complete escrow, a closing cost credit—also referred to as a seller concession—reduces the amount of money that a homebuyer must pay out of pocket. Prior to being applied to the buyer's portion of settlement costs at closing, a credit is negotiable and requires the written consent of both the seller and the buyer.
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Related Questions
Which of the following factors most likely would heighten an auditor's concern about the risk of fraudulent financial reporting?
a) Management's disclosure of unresolved litigation and contingent liabilities
b) A lack of competition in the entity's industry, accompanied by increasing profit margins
c) Year-end adjustments by the entity that significantly affect financial results.
d) The audit committee's approval of the initial selection of accounting principles.
Answers
The factor that most likely would heighten an auditor's concern about the risk of fraudulent financial reporting is option (b), a lack of competition in the entity's industry accompanied by increasing profit margins. And options (a), (c), and (d) may also raise some concern for the auditor, but they are not as likely to indicate a risk of fraudulent financial reporting as option (b). For example, option (a) may indicate potential legal or financial risks, while option (c) may indicate errors or irregularities in the entity's financial statements, and option (d) may indicate a lack of oversight or independence by the audit committee.
Which of the following factors most likely would heighten an auditor's concern about the risk of fraudulent financial reporting?
The factor that would most likely heighten an auditor's concern about the risk of fraudulent financial reporting is (c) Year-end adjustments by the entity that significantly affect financial results. This is because such adjustments may be an indication that management is attempting to manipulate financial statements and may be accompanied by other warning signs, such as unresolved litigation or other contingent liabilities. On the other hand, factors (a), (b), and (d) may not necessarily be indicative of fraud, as they could also be legitimate business circumstances or practices.
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Imagine that you serve as a supervisor in a nonsectarian social services agency that provides social and counseling services to families and children of all kinds and compositions
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The ethical issues in this situation involve the implicit conflict between the social worker's particular beliefs and their professional responsibilities.
The youthful social worker's particular bias may hinder their capability to give unbiased and effective services to the couple. The best advice for social worker to consider the ethical principles of professional competence, artistic competence, and non-discrimination. They should fete the significance of esteeming diversity, promoting inclusivity, and furnishing equal treatment to all clients, regardless of their sexual orientation. It's pivotal for the social worker to set aside their particular beliefs and give non-judgmental and supportive services to the couple.
I would be best for the social worker engage in self- reflection, explore their own affections, and consider seeking supervision or discussion to process their passions. It may also be salutary for the social worker to suffer fresh training or education issues to enhance their understanding and competence in working with diverse populations.
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The correct question is:
Imagine that you serve as a supervisor in a nonsectarian social services agency that provides social and counseling services to families and children of all kinds and compositions. One of the professionals you supervise is a relatively young social worker who has worked in the agency for just a few weeks. During one of your early supervisory meetings, you begin to discuss a case that you plan to assign to her. The case involves a lesbian couple who recently migrated to your community. They want professional help to accomplish two goals: First, they want to get married. They want to know if gay marriage is legal in this state and, if it is not, how and where they can go to become a legally married couple. Second, they hope to have a child—preferably through artificial insemination or, if that fails, through adoption. They would like help in discussing these issues and making plans to accomplish these goals. As you describe the case, the young social worker says, "I'm sorry, I am a religious person who believes that homosexuality is a sin and gay marriage is simply wrong."
As the young social worker's supervisor, what would you identify as the ethical issues in this situation. What would you advise her to consider? What would you suggest that she do?
If the bonds are trading at 130 5/8 and the common stock is trading at $14.75, the parity price of the common stock is:____.
Answers
If the bonds are trading at 130 5/8 and the common stock is trading at $14.75, the parity price of the common stock is: 13.75, Each bond can be converted at $10.50 per share into common stock based on its par value.
A security that symbolizes ownership in a firm is called common stock. After creditors, bondholders, and preferred stockholders have been paid, whatever assets are left over after a liquidation go to common stockholders. In the market, various kinds of equities are traded.
A form of corporate equity ownership and a kind of security is common stock. Outside of the United States, the words voting share and ordinary share are widely used. In the UK and other Commonwealth nations, they are referred to as equity shares or ordinary shares.
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Question 10 of 20
What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers,
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers
D. A market economy is determined by consumers and a command
economy is determined by central authority,
Answers
How much will we end up buying?
Answers
Pretend you are President of the United States. The Citizens and the economy of the USA need financial assistance to get back on their feet. List and describe three fiscal Policies you would initiate (describe each policy in 3 sentences):
Answers
Assuming i am the President of U.S. and the country needs a financial assistance to get back on their feet. The most likely fiscal Policies we would initiate are the:
contractionary fiscal policyexpansionary fiscal policyWhat do we call a Fiscal policy?In economics, a fiscal policy refers to a governmental decision to increase or decrease taxation and spending. Most time, a Fiscal and monetary policy are often used together to influence the economy. But the fiscal policy can affect a company’s growth, hiring ability and taxes.
We have 3 types of fiscal policy which includes a neutral, expansionary, and contractionary fiscal policy. The neutral policy is one where government takes no steps to provide economic support because it feels the economy is healthy and stable, the expansionary fiscal policy mainly involves increasing spending or cutting taxes to prevent or end a recession or depression and the contractionary fiscal policy involves cutting spending or raising taxes to slow down unsustainable economic growth.
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Self-motivation is a very important quality that employers look for. Being ready to complete assigned tasks without having to be told and working hard are factors in a successful career. Explain why being careful to pick our career path can help us maintain motivation when we enter the work force.
Answers
Answer:
if you pick a job you really dont like you're not gonna go to it clock in none of that picking a job you like and comfortable with you'll want to go everyday and give 110 percent
Answer:
Actually enjoying doing a job can give you a lot more motivation than doing one you hate. Be careful to pick a job you'll actually enjoy so you'll have a reason to work hard for it.
To calculate the number of montly payments required to pay off a loan or meet an investment goal, use the _______ function.
Answers
To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.
In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.
The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.
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Hailey, a lawyer on the staff of International Group, always considers the consequences of an action rather than the nature of the action itself when making ethical decisions in a business context. Hailey is applying
the utilitarian theory of ethics in business contexts.
religious beliefs in business contexts.
Kantian ethics in business contexts.
the principle of rights theory of ethics in business contexts
Answers
Answer:
the utilitarian theory of ethics in business contexts.
Explanation:
According to the Utilitarian theory of ethics, the steps to be chosen by any business of entity should rely on maximizing the good and minimizing the sufferings. Also, at the same time, the benefit or good to the maximum is required to be considered before taking any decision.
In the given excerpt, Hailey adopts the utilitarian theory of ethics by focusing on the outcome of the steps that he take.
Do you see yourself working as a channel manager in the future?
Answers
Wrote off an uncollectible account for $650. Provided $88,000 of services on account. Provided $32,000 of services and collected cash. Collected $81,000 cash from accounts receivable. Paid $65,000 of salaries expense for the year. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible. d-1. Organize the transaction data in accounts under an accounting equation. d-2. Prepare an income statement for 2019. d-3. Prepare the statement of changes in stockholders' equity for 2019. d-4. Prepare the balance sheet for 2019. d-5. Prepare the statement of cash flows for 2019. d-6. What is the net realizable value of the accounts receivable at December 31, 2019?
Answers
Answer:
This question is incomplete. Since it is missing most of the information, I looked for a similar question and found this:
2018:
Issued $10,000 of common stock for cash. Provided $78,000 of services on account. Provided $36,000 of services and received cash. Collected $69,000 cash from accounts receivable. Paid $38,000 of salaries expense for the year. Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible. Closed the revenue account. Closed the expense account.
2019:
Wrote off an uncollectible account for $650. Provided $88,000 of services on account. Provided $32,000 of services and collected cash. Collected $81,000 cash from accounts receivable. Paid $65,000 of salaries expense for the year. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.journal entries 2018Issued $10,000 of common stock for cash.
Dr cash 10,000
Cr common stock 10,000
Provided $78,000 of services on account.
Dr accounts receivable 78,000
Cr service revenue 78,000
Provided $36,000 of services and received cash.
Dr cash 36,000
Cr service revenue 36,000
Collected $69,000 cash from accounts receivable.
Dr cash 69,000
Cr accounts receivable 69,000
Paid $38,000 of salaries expense for the year.
Dr wages expense 38,000
Cr cash 38,000
Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.
Dr bad debt expense 450
Cr accounts receivable 450
Closed the revenue account. Closed the expense account.
Dr service revenue 114,000
Cr income summary 114,000
Dr income summary 38,450
Cr wages expense 38,000
Cr bad debt expense 450
Dr income summary 75,550
Cr retained earnings 75,550
income statement 2018
Service revenue $114,000
Expenses:
Wages $38,000 Bad debt $450 ($38,450)Net income $75,550
balance sheet 2018
Assets:
Cash $77,000
Accounts receivable $8,550
total assets $85,550
Equity:
Common stock $10,000
Retained earnings $75,550
total equity $85,550
statement of cash flows 2018
Cash flows form operating activities:
Net income $75,550
adjustments:
Increase in accounts receivable ($8,550)
net cash from operating activities $67,000
Cash flow from financing activities:
Common stocks issued $10,000
Net cash increase $77,000
beginning cash balance $0
Ending cash balance $87,000
journal entries 2019
Wrote off an uncollectible account for $650.
Dr bad debt expense 650
Cr accounts receivable 650
Provided $88,000 of services on account.
Dr accounts receivable 88,000
Cr service revenue 88,000
Provided $32,000 of services and collected cash.
Dr cash 32,000
Cr service revenue 32,000
Collected $81,000 cash from accounts receivable.
Dr cash 81,000
Cr accounts receivable 81,000
Paid $65,000 of salaries expense for the year.
Dr wages expense 65,000
Cr cash 65,000
Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.
Dr bad debt expense 745
Cr accounts receivable 745
income statement 2019
Service revenue $120,000
Expenses:
Wages $65,000 Bad debt $1,395 ($38,450)Net income $53,605
balance sheet 2019
Assets:
Cash $125,000
Accounts receivable $14,155
total assets $139,155
Equity:
Common stock $10,000
Retained earnings $129,155
total equity $139,155
statement of cash flows 2019
Cash flows form operating activities:
Net income $53,605
adjustments:
Increase in accounts receivable ($5,605)
net cash from operating activities $48,000
Net cash increase $48,000
beginning cash balance $77,000
Ending cash balance $125,000
net realizable value accounts receivable
net realizable value of accounts receivable 2018 = $8,550
net realizable value of accounts receivable 2019 = $14,155
Critically explain Robbins definition of economics?
Answers
Answer:
In his landmark essay on the nature of economics, Lionel Robbins defined economics as. “the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses”
Explanation:
1. What are some things a career counselor can do to increase the likelihood of positive outcomes for their clients?
2. Discuss three types of support offered to clients seeking career counseling.
3. Amundson and his colleagues suggest the acronym PLEASE as an aid for expressing mattering to client. Please explain each aspect of this acronym.
4. Differentiate between the types of questions one would approach with subjective assessment versus objective assessment strategies.
5. Describe the four phases of career counseling as articulated by Gysbers et al (2014).
Answers
1. To increase the likelihood of positive outcomes for their clients, career counselors can take a few measures. First, they can conduct a comprehensive assessment of their clients' interests, skills, values, and personality traits. This can help them to provide their clients with accurate and useful information about various career options. Additionally, career counselors can help their clients to identify their strengths and weaknesses, set realistic goals, and develop a plan of action to achieve their career objectives. They can also provide their clients with information about educational and training opportunities, job search strategies, and networking techniques. Finally, career counselors can offer emotional support and encouragement to their clients as they navigate the often-challenging process of career development.
2. The three types of support offered to clients seeking career counseling are emotional, informational, and instrumental. Emotional support refers to providing clients with a safe and supportive space to explore their thoughts and feelings related to their career goals. Informational support involves providing clients with accurate and useful information about various career options, educational and training opportunities, job search strategies, and networking techniques.
3. The acronym PLEASE, as suggested by Amundson and his colleagues, is an aid for expressing mattering to clients. It stands for:
P - Provide Personal Attention
L - Listen Actively
E - Empathize
A - Assess for Client Strengths
S - Support Goals
E - Encourage Decision Making
4. Subjective assessment strategies are designed to gather information about clients' thoughts, feelings, and perceptions related to their career development. Examples of subjective assessment strategies include interviews, self-reports, and case studies. Objective assessment strategies, on the other hand, are designed to gather information about clients' abilities, interests, and values using standardized tests and measures. Examples of objective assessment strategies include aptitude tests, interest inventories, and values clarification exercises.
5. The four phases of career counseling as articulated by Gysbers et al (2014) are assessment, goal setting, implementation, and evaluation.
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Create a monthly budget for yourself using the steps discussed in the unit. If you don't wish to discuss your financial situation, you can create a budget based on an average individual your age.
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Hannah is acting as a (Choose between: manager, leader) when she establishes her department’s work schedule for the next month.2) As a manager seeks to develop her leadership skills, she should be aware that:A) Leadership is primarily about personal efficiencyB) Leadership is first and foremost about establishing a personal bond with employeesC) Many different styles of leadership can be effectiveD) There is one best leadership style to which all managers should aspire3) In a Harvard Business Review article, consultant Ben Dattner emphasizes the importance of giving credit to others for their good ideas and successes, both in private and in public. A leader with (humility, egotism, will, discipline) would generally behave in this way.
Answers
Answer:
leader
Explanation:
She has leadership or whatever it says abt leader ship. She doesn't sound like she would want to be a manager
Hannah is acting as a leader when she establishes her department’s work schedule for the next month.
As a manager seeks to develop her leadership skills, she should be aware that Many different styles of leadership can be effective. Thus the correct option is C.
In a Harvard Business Review article, consultant Ben Dattner emphasizes the importance of giving credit to others for their good ideas and successes, both in private and in public. A leader with will would generally behave in this way.
What is a leader?A leader refers to an individual who carries as the art of directing and influencing pople or groups of people in an organization with pleasing efforts to gain their support and help them to grow by providing better direction.
A manager is a person who oversees a project and is accountable for allocating resources, monitoring the project's development, and ensuring that it is completed on schedule in order to fulfill the organization's mission and goals.
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Offering a false contract to sign is fraud in the execution.
False
True
Answers
Answer:
true but you don't get killed
Explanation:
it is illegal to do that that is fraud but it doesn't lead to death
plz i need one brainiest plzzzzz
Answer:
true
Explanation:
muhammad yunus, founder of the grameen bank, was highly successful in his use of applying social incentives through group responsibility in order to maximize loan repayment rates. this success created an incentive for other banks to:
Answers
Muhammad Yunus, The Grameen bank founder, was highly successful in applying social incentives through group responsibility to maximize loan repayment rates and created an incentive for other banks to offer similar loans to the poor.
Since Professor Muhammad Yunus founded Grameen Bank in 1976, several economists have analyzed the Grameen Bank's success in trying to eradicate poverty in Bangladesh, either theoretically or empirically. He used social incentives through group responsibility to maximize loan repayment rates and created an incentive for other banks to offer similar loans to the poor.
Social incentives refer to a wide variety of interpersonal motivations and rewards that encourage people to act in a socially valued and approved manner. Projecting a positive reputation and social image, obtaining social acceptance, and moving up the social hierarchy are all examples of social incentives.
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which best describes why countries establish limits on international trade?
Answers
Countries establish limits on international trade for several reasons, with the main goal being to protect and promote their domestic industries and economies. Here's an explanation of why countries establish such limits:
1. Protection of domestic industries: By implementing trade barriers such as tariffs, quotas, or subsidies, countries aim to shield their domestic industries from foreign competition. These measures help to create a level playing field and prevent foreign goods from flooding the domestic market, which could potentially harm local industries and lead to job losses.
2. National security concerns: Countries may impose trade restrictions on goods that are deemed essential for national security. This ensures that critical industries, such as defense or strategic resources, are not overly reliant on foreign suppliers and can maintain self-sufficiency.
3. Infant industry protection: Emerging industries often require protection in their initial stages to grow and compete with established international players. By imposing trade barriers, countries can provide support and nurture these industries until they become competitive enough to survive in the global market.
4. Environmental and health standards: Countries may enforce trade limits to ensure that imported goods meet their environmental or health regulations. This ensures that products entering the country adhere to certain standards, protecting consumers and the environment.
5. Retaliation and negotiation: Trade limits can be used as a bargaining tool in international negotiations. Countries may impose restrictions on trade to address unfair practices or to encourage other nations to change their trade policies.
In conclusion, countries establish limits on international trade primarily to protect their domestic industries, address national security concerns, support emerging industries, uphold environmental and health standards, and utilize trade as a negotiation tool. These limits are implemented to safeguard the interests of the country and promote economic growth and stability.
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an increase or decrease in which of the following factors would cause a shift in the demand curve for a given good? select the two correct answers.
price of the good
input prices
number of sellers
price of related goods
income
Answers
Answer:
price of related goods
income
The a change in these factors would lead to a shift for the demand curve for a good: price of related goods and income
The demand curve shows the relationship between the price of a good and the quantity demanded of that good.
All things remaining equal, the higher the price of the good, the lower the quantity demanded and the lower the price of the good, the higher the quantity of the good demanded. This explains why the demand curve is negatively sloped.
A change in the price of a good would lead to a movement along the demand curve for that good.
These factors would lead to a shift of the demand curve a good
1. The price of other goods : Assume that pen and pencils are substitutes. If the price of a pen increases, it becomes more expensive relative to pencils. As a result, the demand for pencils will increase. This would lead to a rightward shift of the demand curve.
2. Income : if the income of a person increases, the person would be able to buy more quantities of goods and services. This would lead to a rightward shift of the demand curve for those goods.
Please find attached images of the demand curve
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The marginal revenue curve of a monopoly crosses its marginal cost curve at $30 per unit and an output of 2 million units. The price that consumers are willing to pay for this output is $40 per unit. If it produces this output, the firm's average total cost is $43 per unit, and its average fixed cost is $8 per unit. What is the profit-maximizing (loss-minimizing) output? What are the firm's economic profits (or economic losses)?
Answers
The profit-maximizing (loss-minimizing) output for the monopoly is 2 million units, where the marginal revenue equals the marginal cost at $30 per unit.
To calculate the economic profits (or losses), we need to compare the total revenue with the total cost. The total revenue at the output of 2 million units is:
Total revenue = Price per unit x Quantity
Total revenue = $40 x 2 million units
Total revenue = $80 million
The total cost at the output of 2 million units is the sum of the average variable cost and the average fixed cost, multiplied by the quantity:
Total cost = (Average variable cost + Average fixed cost) x Quantity
Total cost = ($43 + $8) x 2 million units
Total cost = $102 million
Therefore, the economic losses for the firm are:
Economic losses = Total revenue - Total cost
Economic losses = $80 million - $102 million
Economic losses = -$22 million
The negative value means that the firm is experiencing losses, and it is not earning enough revenue to cover its total costs.
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This is all apart of one question I promise. This is for a Marketing Class. Answer each separately please.
Describe some ways in which Zappos uses digital media tools. How does Zappos encourage word-of-mouth marketing through digital media? How does Zappos use digital media to create an authentic relationship with consumers?
Answers
Zappos, an online retailer known for its customer-centric approach, effectively utilizes various digital media tools to enhance its marketing efforts.
Zappos is an online retailer that has become synonymous with exceptional customer service and a customer-centric approach. Founded in 1999, Zappos has built a reputation for providing a wide range of products, with a particular focus on footwear and apparel. However, what truly sets Zappos apart is its commitment to creating an exceptional customer experience. From its hassle-free return policy to its 24/7 customer service, Zappos goes above and beyond to ensure customer satisfaction.
The company's success can be attributed to its core values of delivering happiness, fostering a positive company culture, and embracing innovation. Zappos has become a prime example of how a strong customer focus can lead to long-term success in the online retail industry.
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Let x1 be the number of units to make and x2 be the number of units to buy. if it costs $1.5 to make a unit and $4 to buy a unit and 4000 units are needed, what is the objective function?
Answers
The objective function is a linear function that represents the cost in terms of the variables x1 and x2. By minimizing this objective function, we can determine the optimal values of x1 and x2 that will result in the minimum cost of producing the required 4000 units.
The objective function in this case refers to the mathematical representation of the goal or objective that we want to optimize. In this question, the objective is to minimize the cost of producing the required 4000 units.
To determine the objective function, we need to consider the cost of making units (x1) and the cost of buying units (x2).
Let's break down the cost of making the units. We know that it costs $1.5 to make one unit, so the total cost of making x1 units would be 1.5 * x1.
Similarly, the cost of buying the units is $4 per unit, so the total cost of buying x2 units would be 4 * x2.
To minimize the cost, we need to minimize the total cost of making and buying the units. Therefore, the objective function can be expressed as:
Objective function = Cost of making units + Cost of buying units
Objective function = 1.5 * x1 + 4 * x2
The objective function is a linear function that represents the cost in terms of the variables x1 and x2. By minimizing this objective function, we can determine the optimal values of x1 and x2 that will result in the minimum cost of producing the required 4000 units.
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Donny owns and leases a coal mine to brian. the lease agreement states that brian will pay donny $4 per ton royalty on coal mined. what is brian's percentage depletion deduction for the current year from the information given below? gross income from coal $250,000 income from trucking coal 20,000 royalty paid donny 30,000 taxable income on coal (excluding depletion) 40,000 coal depletion rate 10%
Answers
Answer: $25,000
Explanation:
Given Data:
Gross income from coal = $250,000
Income from trucking coal = $20,000
Royalty paid to Donny = $30,000
Taxable income on call excluding depletion = $40,000
Coal depletion rate = 10%
Lease agreement = $4/ton
Therefore:
brian's percentage depletion deduction for the current year is
= gross income x coal depletion rate
= $250,000 x 0.1
=$25,000
Bgp electrical supply is developing its annual financial statements at december 31, current year. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized: current year prior year balance sheet at december 31 cash $ 37,000 $ 29,000 accounts receivable 32,000 28,000 merchandise inventory 41,000 38,000 property and equipment 132,000 111,000 less: accumulated depreciation (41,000) (36,000) $ 201,000 $ 170,000 accounts payable $ 36,000 $ 27,000 accrued wages expense 1,200 1,400 note payable, long-term 38,000 44,000 common stock and additional paid-in capital 88,600 72,600 retained earnings 37,200 25,000 $ 201,000 $ 170,000 income statement for current year sales $ 120,000 cost of goods sold 70,000 other expenses 37,800 net income $ 12,200 additional data: bought equipment for cash, $21,000. Paid $6,000 on the long-term note payable. Issued new shares of stock for $16,000 cash. No dividends were declared or paid. Other expenses included depreciation, $5,000; wages, $20,000; taxes, $6,000; other, $6,800. Accounts payable includes only inventory purchases made on credit. Because there are no liability accounts relating to taxes or other expenses, assume that these expenses were fully paid in cash. Required:
Answers
Cash at the beginning of the year $29,000 , Cash at the end of the year $37,000, To prepare the statement of cash flows for BGP Electrical Supply, we need to analyze the changes in the company's balance sheet accounts and additional data provided. Here's how we can calculate the statement of cash flows:
Statement of Cash Flows
For the Year Ended December 31, Current Year
Operating Activities:
Net Income $12,200
Adjustments for non-cash items:
Depreciation $5,000
Changes in operating assets and liabilities:
Increase in accounts receivable ($4,000) [($32,000 - $28,000)]
Increase in merchandise inventory ($3,000) [($41,000 - $38,000)]
Increase in accounts payable $9,000 [($36,000 - $27,000)]
Decrease in accrued wages expense ($200) [($1,200 - $1,400)]
Net cash provided by operating activities $19,000
Investing Activities:
Purchase of equipment ($21,000)
Net cash used in investing activities ($21,000)
Financing Activities:
Repayment of long-term note payable ($6,000)
Issuance of common stock for cash $16,000
Net cash provided by financing activities $10,000
Net increase in cash $8,000
Cash at the beginning of the year $29,000
Cash at the end of the year $37,000
Therefore, the statement of cash flows for BGP Electrical Supply for the year ended December 31, current year, is as follows:
Statement of Cash Flows
For the Year Ended December 31, Current Year
Operating Activities:
Net cash provided by operating activities $19,000
Investing Activities:
Net cash used in investing activities ($21,000)
Financing Activities:
Net cash provided by financing activities $10,000
Net increase in cash $8,000
Cash at the beginning of the year $29,000
Cash at the end of the year $37,000
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The sales of Sherwin-Williams paint in different regional markets depends on several input variables. One variable that partially drives selling price, which in turn affects sales, is the cost to get the product to market. When other input variables are held constant, sales can be modeled as
when it costs x dollars to get a gallon of paint to market, data from 0 ≤ x ≤ 2.
(Source: Based on data from Sherwin-Williams as reported in J. McGuigan et al., Managerial Economics, Stamford, CT: Cengage, 2008)
a. How many gallons of paint are sold when it costs 75 cents for a gallon to reach the market?
b. How quickly is sales changing when x = 0.75?
Answers
a.18.5 gallons of paint are sold when it costs $0.75 for a gallon of paint to reach the market
b. when x = 0.75, the rate at which the sales of paint is changing is -23.
a.Based on the data from Sherwin-Williams as reported in J. McGuigan et al., Managerial Economics, Stamford, CT: Cengage, 2008, the sales of paint are given byS(x) = 8 + 16x − 25x2.
In this scenario, the value of x is 0.75 as the cost to get a gallon of paint to the market is $0.75 per gallon.
Then, the number of gallons of paint that are sold is given by substituting x = 0.75 in the sales equation.
S(x = 0.75) = 8 + 16(0.75) − 25(0.75)2= 18.5
Therefore, 18.5 gallons of paint are sold when it costs $0.75 for a gallon of paint to reach the market
b. The rate at which the sales of paint is changing at x = 0.75 is given by the derivative of the sales equation with respect to x.
dS/dx = 16 − 50x.
Substituting x = 0.75 in the above expression gives:dS/dx (x = 0.75) = 16 − 50(0.75) = −23.
Therefore, when x = 0.75, the rate at which the sales of paint is changing is -23.
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"What a given group of people appreciates" are their ___________. A. Cultural contexts b. Culture shock c. Cultural education d. Cultural values Please select the best answer from the choices provided A B C D
Answers
Answer:
d. Cultural values
Explanation:
Cultural values are the values and norms that are followed by a distinct society or a group of people. In other terms, values and norms developed within the society to form its basis are said to be the cultural values. The people believe, follow, and appreciate the values. They help in defining the ways of living and leading the life. The behavior, nature, and thinking of the society is influenced or structured as per the cultural values.
Answer:
D
Explanation:
I just took the assignment
A print cartridge company sent a letter to a business office offering to supply a free premium printer if the business office would agree to purchase all the print cartridges the office would need from the print cartridge company. This letter arrived in the hands of the business owner on the same day the office printer failed. The business office had experienced a slow month and the business owner was trying to decide whether to pay the office rent for the month or fix the printer. Based on the offer, the owner paid the rent. A week after she put the rent check in the mail, the owner received a second letter from the print cartridge company indicating that the printer program was being canceled due to a lack of printers. The next day, before she read the second letter, the owner mailed her acceptance letter to the print cartridge company. The print cartridge company refused to supply the business owner with a printer. If the business owner brings a breach of contract action against the print cartridge company, how should the court rule
Answers
Answer:
B. For the print cartridge company, because its revocation latter was received by the business owner before she dispatched the acceptance letter.
Explanation:
The print cartridge company had issue a business offer to customers for a free premium printers if they buy cartridges from them. The print cartridge company should have communicated that this is limited time offer or offer is valid till stock lasts. The company can still have option to revoke its offer but it should communicate to all its customers whom they have sent this offer. The business owner has received mail before she had provided the acceptance.
Maya got a job transfer from Italy to New York. After working for some time in New York, she started to understand the mental models held by her colleagues from other cultures, as well as their emotional experiences in a given situation. Furthermore, she started to effectively use words and behaviors that were compatible with the local culture of New York. Which of the following features of a global mindset occurred in Maya's life?
A. The capacity to judge the competence of others by their national or ethnic origins.
B. The ability to develop more of a parochial than a global frame of reference about their business.
C. The capacity to empathize and act effectively across cultures.
D. The ability to process complex information about familiar environments.
Answers
Answer:
C. The capacity to empathize and act effectively across cultures.
Explanation:
Since in the question it is mentioned that the use the words and behavior that are compatible with the new york local culture so here the global mindset that arise in her life represent the attribute with related to the capacity for empathizing and it act effectively over and across the culture
so as per the given situation, the option c is correct
By making sure that you have properly prioritized your tasks, you are showing
a. Confidence
b. Honesty
Self management
d. Neatness
C.
Please select the best answer from the choices provided
Ο Α
OB
Answers
By making sure that I have properly prioritized my tasks, I am Showing the characteristics of Self Management. Hence, option C is correct.
Self ManagementTo increase productivity and better performance, self-managment is very important. The basic process making self-management a habit is to prioritize tasks to be done before anything.
Hence, going by the statement, the proper prioritization of task is related to managing things properly, hence the option C is correct option.
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By making sure that you have properly prioritized your tasks, you are showing is the self-management. Thus, option (c) is correct.
What is self-management?The term self-management, refers to “self-control.” It was the basis of the self-emotions, feelings and the perception. It was the different situations are the different behavior or to react. It was the responsibility to the own are the achieving the academic and the personal goal.
The individual responsibility to take they properly prioritized your tasks in the better performance and the self-management it was the necessary. A habit of the person are the perform the task are to give the 100% is the increase productivity and the developed the personality.
As a result, the self-management is the aforementioned. Therefore, option (c) is correct.
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Someone Help This Is Due today !!!!
Match the Professionalism term with its meaning
1.
Accountability
2.
Integrity
3.
Punctuality
4.
Productivity
5.
Initiative
a.
doing your job as efficiently and effectively as possible
b.
doing the right thing, even when no one is watching
c.
being responsible for your actions and words
d.
being on time
e.
to take charge or do things without being told
Answers
Answer:
Number 1
Explanation:
Number 1 is correct