The following information is available for the Johnson Corporation: Beginning inventory $ 43,000 Inventory purchases (on account) 173,000 Freight charges on purchases (paid in cash) 28,000 Inventory returned to suppliers (for credit) 30,000 Ending inventory 48,000 Sales (on account) 268,000 Cost of inventory sold 166,000 Required: Applying both a perpetual and a periodic inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated.

Answers

Answer 1

Answer:

如果我沒有在同一時間做一個關於事情的問題以獲得一個好主意來得到答案可以嗎如果我來


Related Questions

Why is it important to include industry terminology in a résumé? How can you find industry terminology?

Answers

Including industry terminology will show you are "current" with the profession and know what the trends are at this time.

Answer:

Including industry terminology will show you are "current" with the profession and know what the trends are at this time.

Explanation:

SELECT AN ORGANISATION OF YOUR CHIOCE.
1.1 SUMMARISE THE NATURE OF BUSINESS
1.2 SUMMARISE THE BUSINESS MODEL
1.3 WHAT ARE THE KEY BUSINESS DRIVERS
2.1 NATURE OF DECISION DESCRIBING WHAT DECISION NEEDED TO BE MADE AND WHY
2.2 SUMMARISE HOW WAS THE DECISION MADE
2.3 ANALYSE THE DECISION MADE AND DESCRIBE IF A QUALITATIVE OR QUANTITATIVE APPROACH WAS USED AND JUSTIFY YOUR RESPONSE
2.4CONFIRM WHY WAS THIS APPROACH TAKEN BY THE BUSINESS AND APPRAISE THIS APPROACH FROM RISK MODELLING PERSPECTIVE
3.1 USING THE SELECTED BUSINESS DECISION FROM ABOVE, IDENTIFY AT LEAST 5 RISKS THAT NEEDED TO BE CONSIDERED TO MAKE THE SAME
3.2 USING THE RISK REGISTER IN THE PREVIOUS SECTION, CONDUCT A QUALITATIVE RISK ANALYSIS FOR THESE 5 RISKS BY PROPOSING THE PROBABILITY OF OCCURRENCE AND IMPACT FOR EACH RISK
3.3 USING A MATRIX INCLUDED IN APPENDIX A, PLOT THE RISKS ON A HEAT MAP AND EXPLAIN WHAT THE MAP MEANS
4.1 USING THE REGISTER DERIVED IN QUESTION 3.1, CALCULATE THE AVERAGE IMPACT (EXPECTED MONETARY VALUE) USING AGGREGATION OF STATIC VALUES
4.2 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
5.1 USING THE REGISTER FROM 3.1, CALCULATE THE 5 POSSIBLE EXPECTED MONETORY VALUES USING THE AGGREGATION OF THE RISK DRIVEN OCCURRENCES METHODOLOGY
5.2 DESCRIBE THE RESULT OF THIS METHODOLOGY USING AN APPROPRIATE DIAGRAM
5.3 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION

Answers

An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.

Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.

Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.

This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions

5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:

The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:

The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.

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why is digital presence is important
Give 3 reasons
I will give brainliest answer

Answers

Answer:

1.)A “digital presence” simply refers to how your business appears online; it's what people find when they search for your business or company on the internet. Digital presence includes content that you control, like your website and social media profiles, but also content that you don't control, such as online reviews.

2.)Job Security:This may seem like it should go without saying, but keeping a professional online presence is very important to keep your job! Your employers need to know that you are not going to hurt the brand and image of the company. ... Then keeping your online presence professional is key.

3.)The Importance of Having an Online Presence is Crucial Now More Than Ever. During this pandemic, it is critical businesses must be online. Having an online presence can help you build an audience, connect with your customers, and keep them updated on your day to day activities, as well as hours of operation.

Samantha is interested in setting up her own accounting firm and wants to speciallze in the area ofaccounting that has experlenced the most
significant growth in recent years. Which area of accounting should she choose as her specialty?


Samantha should choose_______as her specialty.

Fill in the blank

Answers

Answer:

Samantha should choose Financial Accounting

Explanation:

Financial Accounting is the area of accounting that has experienced the most growth in recent years. This is because of the large size and complexity of financial markets, and the increasing importance that they have in the overall economy.

Financial Accounting specializes in the recording and analysis of financial transactions. Financial transactions are those that a firm uses to obtain funds in order to invest in new projects, pay off other obligations, or simply capitalize the firm.

What is more important to you, annual salary or working in the job of your dreams? Please explain your answers

Answers

Answer:

The answer to this question depends on the person who is asking it and how they define what a dream job is. For most people, a dream job means having the opportunity to work with people that you like and enjoy being around, doing something that you are passionate about, and earning enough money to support yourself and your family. However, there are some jobs out there that can be very fulfilling but also take away from your personal time-management skills or cause health problems due to poor working conditions.

Explanation:

2.suppose 40% of the people entering X electronics store this month make a purchase. If 10 people enter the store, find the expected number making a purchase. Suppose that for the next month X electronics store forecasts 1000 customers will enter the store. (i)What is the expected number of customers who will make purchase? (ii) Find also the Standard Deviation.​

Answers

i) The expected number of customers who will make a purchase in the current month is 4.

ii) The standard deviation for the number of customers making a purchase in the current month is approximately 1.55.

To find the expected number of customers making a purchase, we can multiply the total number of customers entering the store by the probability of making a purchase.

(i) For the current month:

Number of people entering the store = 10

Probability of making a purchase = 40% = 0.4

Expected number of customers making a purchase = Number of people entering the store * Probability of making a purchase

Expected number of customers making a purchase = 10 * 0.4

Expected number of customers making a purchase = 4

Therefore, the expected number of customers who will make a purchase in the current month is 4.

(ii) To find the standard deviation, we need to consider the binomial distribution since the number of customers making a purchase follows a binomial distribution with parameters n (number of trials) and p (probability of success).

For the current month:

n = Number of people entering the store = 10

p = Probability of making a purchase = 0.4

q = Probability of not making a purchase = 1 - p = 1 - 0.4 = 0.6

Standard deviation (σ) of a binomial distribution is given by the formula:

σ = √(n * p * q)

Substituting the values:

σ = √(10 * 0.4 * 0.6)

σ = √(2.4)

σ ≈ 1.55

Therefore, the standard deviation for the number of customers making a purchase in the current month is approximately 1.55.

For the next month, if the store forecasts 1000 customers to enter the store, we can use the same calculations with updated values of n and p to find the expected number of customers making a purchase and the standard deviation.

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Tisdale Incorporated reports the following amount in its December 31, 2021, income statement. Sales revenue $ 250,000 Income tax expense $ 20,000 Non-operating revenue 100,000 Cost of goods sold 180,000 Selling expenses 50,000 Administrative expenses 30,000 General expenses 40,000 Required: 1. Prepare a multiple-step income statement

Answers

Answer and Explanation:

The preparation of the multiple step income statement is presented below

Sales revenue $250,000

Less: cost of goods sold -$180,000

Gross profit $70,000

Less

Selling expenses 50,000

Administrative expenses 30,000

General expenses 40,000

Total operating expenses -$120,000

Non operating revenue $100,000

Income before income taxes $50,000

Less: income tax expense -$20,000

Net income $30,000

The two general approaches to forecasting discussed in the notes are:________
A. judgmental and qualitative
B. historical and associative
C. qualitative and quantitative
D. judgmental and associative
E. mathematical and statistical

Answers

Answer:

C. qualitative and quantitative

Explanation:

Qualitative forecasting should be used when the data is insufficient or less. Here the managers applied the subjective that depend upon the opinion and the consumer judgement to forecast the future. The methods like sales force, excuetive opinion represent the qualitative one

On the other hand the quantitative one should be used when the mathematical model to the past and the present are available. Like time series analysis, regression models, etc

hence, the option c is correct

Mauro Products distributes a single product, a woven basket whose selling price is $13 per unit and whose variable expense is $11 per unit. The company’s monthly fixed expense is $4,600. Required: 1. Calculate the company’s break-even point in unit sales. 2. Calculate the company’s break-even point in dollar sales. (Do not round intermediate calculations.) 3. If the company's fixed expenses increase by $600, what would become the new break-even point in unit sales? In dollar sales? (Do not round intermediate calculations.)

Answers

Answer:

Break-even point in unit sales = 2,300 units

Break-even point in dollar sales = $29,908.97 (Approx)

New break-even point in unit sales = 2,600 units

New break-even point in dollar sales = $33,810.14 (Approx)

Explanation:

Given:

Selling price = $13 per unit

Variable expense = $11 per unit

Fixed expense = $4,600

Computation:

Break-even point in unit sales = Fixed expense / [Selling price - Variable expense]

Break-even point in unit sales = 4,600 [13-11]

Break-even point in unit sales = 2,300 units

Contribution margin = [(13-11)] / 13 = 15.38%

Break-even point in dollar sales =  Fixed expense / Contribution margin

Break-even point in dollar sales = $4,600 / 15.38%

Break-even point in dollar sales = $29,908.97 (Approx)

New break-even point in unit sales = [4,600+600][13-11]

New break-even point in unit sales = 2,600 units

New break-even point in dollar sales =  Fixed expense / Contribution margin

New break-even point in dollar sales = $5,200 / 15.38%

New break-even point in dollar sales = $33,810.14 (Approx)

Robert has always enjoyed working on cars as a hobby. He feels that he could earn a good living if he opened a mechanics shop. He does not have any startup money at this time, and he does not really know how to get started. Which business organization is best and why? How will he overcome his dilemmas?

Answers

There are several business organizations that Robert could consider when starting his mechanics shop. Each has its own advantages and disadvantages, so it is important for Robert to carefully consider which one is best suited for his needs.The first option is a sole proprietorship. This is the simplest and most common form of business organization, where the business is owned and operated by a single individual. The advantages of a sole proprietorship are that it is easy to set up and maintain, there are no separate taxes or legal requirements, and the owner has complete control over the business. However, the disadvantages are that the owner is personally liable for all debts and obligations of the business, and it may be difficult to raise capital or expand the business.Another option is a partnership, where two or more individuals own and operate the business together. The advantages of a partnership are that it is easy to set up and maintain, there is shared responsibility and workload, and it may be easier to raise capital than with a sole proprietorship. However, the disadvantages are that each partner is personally liable for all debts and obligations of the business, there may be disagreements between partners, and it may be difficult to dissolve the partnership if necessary.A third option is a limited liability company (LLC), which combines elements of both a partnership and a corporation. The advantages of an LLC are that it provides limited liability protection for its owners, there are fewer formalities required than with a corporation, and profits and losses can be passed through to individual tax returns. However, the disadvantages are that it can be more expensive to set up and maintain than a sole proprietorship or partnership, there may be restrictions on ownership transferability, and there may be additional taxes or legal requirements.In Robert's case, an LLC may be the best option as it provides limited liability protection while still allowing him to have control over his business. To overcome his dilemma of not having startup money, Robert could consider taking out a small business loan or seeking funding from investors. He could also start small by offering his services as a mobile mechanic or working out of his home garage until he can afford to rent or purchase a physical location for his shop.In conclusion, Robert should carefully consider the advantages and disadvantages of each business organization before deciding which one is best suited for his needs. An LLC may be the best option for him, but he will need to find a way to secure startup funding in order to get his business off the ground.

Ignacio received his certificate in hospitality management Which type of schooling would give him a certificate?
O a two-year college
O a vocational school
O a four-year college
O high school

Answers

Answer: B: a vocational school

Explanation:

The kind of the schooling that  would give him a certificate is a four-year college. Thus, option second is correct.

What is hospitality management?

The study of the hospitality business is known as hospitality management and tourism. A degree in the field may be conferred by a university college specialized in hotel management studies or a business school with a related department.

Hospitality managers oversee the day-to-day operations of a restaurant or hotel, including hiring and firing employees, ensuring that the facilities are properly maintained, guaranteeing client satisfaction, and maintaining administrative and financial records.

A four-year college is the type of education that would get him a certificate. As a result, option two is correct.

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Fill in the "description" column for the below table by mentioning if it is elastic, inelastic or unit
elastic.
Price
$2.0
$3.0
$4.0
$5.0
$6.0
$7.0
$8.0
$9.0
Quantity
20
18
16
14
12
10
8
6
Total Revenue
(Price x
Quantity)
$40
$54
$64
$70
$72
$70
$64
$54
Slope Point Elasticity Description
-2.00
$0.10
-0.20
-2.00 $0.17
-0.33
-2.00
$0.25
-0.50
-2.00
$0.36
-0.71
-2.00
$0.50
-1.00
-2.00 $0.70
-1.40
-2.00
$1.00
-2.00
-2.00
$1.50
-3.00

Answers

Answer:

Explanation:

Price   Quantity   Total Revenue   Description

$2.0        20                $40                    Elastic

$3.0        18                $54                    Elastic

$4.0        16                $64                    Elastic

$5.0        14                $70                    Unit Elastic

$6.0        12                $72                    Inelastic

$7.0        10                $70                    Inelastic

$8.0        8                   $64                    Inelastic

$9.0        6                   $54                    Inelastic

The description for each value is as follows:

-2.00: Elastic

-0.20: Inelastic

-0.33: Inelastic

-0.50: Inelastic

-0.71: Inelastic

-1.00: Elastic

-1.40: Elastic

-2.00: Elastic

What defines the elasticity of the demand?

To determine whether the demand is elastic, inelastic, or unit elastic, there is need to look at the absolute value of the slope of the point elasticity.

Price Qty Total Rev Slope Point Elast. Des.

$2.0 20 $40 -2.00 Elastic

$3.0 18 $54 -0.20 Inelastic

$4.0 16 $64 -0.33 Inelastic

$5.0 14 $70 -0.50 Inelastic

$6.0 12 $72 -0.71 Inelastic

$7.0 10 $70 -1.00 Elastic

$8.0 8 $64 -1.40 Elastic

$9.0 6 $54 -2.00 Elastic

Based on the given values, it is seen that when the absolute value of the slope of the point elasticity is less than 1, it indicates inelastic demand. When it is exactly 1, it represents unit elastic demand. And when it is greater than 1, it indicates elastic demand.

Therefore, the description for each value is as follows:

-2.00: Elastic

-0.20: Inelastic

-0.33: Inelastic

-0.50: Inelastic

-0.71: Inelastic

-1.00: Elastic

-1.40: Elastic

-2.00: Elastic

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Two key aspects of financial planning are cash planning and profit planning. Cash planning involves the preparation of the cash budget and profit planning involves preparation of pro forma statements. To make cash budget and pro forma statements for a firm, accounting knowledge is needed. Do accounting courses you took before help you better understand how to make cash budget and pro forma income statement and balance sheet? Explain.

Answers

Yes. Accounting courses I took before helps us understand how to make cash budget and pro forma income statement and balance sheet.

Here's how accounting courses can help individuals in creating cash budgets, pro forma income statements, and balance sheets:

Cash Budget: Accounting courses teach students about the importance of cash flow management and how to prepare a cash budget. Pro Forma Income Statement: Accounting courses teach students how to analyze historical financial data and use it to forecast future performance. Balance Sheet: Accounting courses provide a comprehensive understanding of balance sheets and their components. Students learn how to analyze assets, liabilities, and shareholders' equity to assess the financial position of a company.

By studying accounting, individuals gain a solid foundation in financial concepts, reporting standards, and analytical techniques. This knowledge equips them with the skills necessary to create cash budgets, pro forma income statements, and balance sheets effectively.

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QUESTION ONE
ABC Ltd wishes to expand its business. On 31 Dec 2021, the company had
the following existing and proposed capital structures to support the
expansion programme.
1. The existing 8% debt capital has a book value of Ksh 50 000 000 and
matures in 10 years. The market value of debt at the close of business on
31 Dec 2021 was Ksh 40 000 000
2. A ten year loan of Ksh 300 000 000 is to be raised at an interest of 10
percent p.a. A cost of Ksh 20 000 000 will be incurred in raising this loan
3. A 12% preference stock capital stands in the books at Ksh 100 000 000
( 1 000 000 shares) and has a total market value of Ksh 150 000 000.
4. There are 40 000 000 ordinary shares with a current market price of Ksh
1500 each. The firm’s expected earnings per share (EPS) stand at Ksh
200, its growth rate is 6% and has a dividend payout of 60%.
5. The company plans to issue 10 000 000 ordinary shares at a market price
of Ksh 1 500 per share. The cost of floating the shares is estimated at Ksh
10 000 000.
Required:
i) Firm’s current weighted average cost of capital (10 marks)
ii) Firm’s expected weighted average cost of capital after the expansion
programme (i.e. marginal cost of capital) (5 marks)
QUESTION TWO
An investor intends to place Ksh 112,000,000 in the 91 days Treasury bill at a quoted rate/yield of 7.65%
p.a.
Required:
a) Compute the investor’s return, assuming that he is withholding tax-payer
b) Compute the investor’s return, assuming that he is non-withholding taxpayer (6 marks)

Answers

Answer:

rat

Explanation:

Market research can help you strategize your _______ and _______ goals.

Primary research is more _______ than secondary research.

Your first marketing priority is to find out if you can _______ your product or services.

The grouping of people for marketing purposes is called _______.

Once you find out what people want, there’s a need to know the _______ for their choices.

Answers

Market research can help you strategize your business and marketing goals.

Primary research is more specific and tailored to your specific needs than secondary research.

Your first marketing priority is to find out if you can sell your product or services.

The grouping of people for marketing purposes is called segmentation.

Once you find out what people want, there's a need to know the motivations for their choices.

Market research plays a critical role in shaping business and marketing strategies by providing valuable insights into customer preferences, market trends, and competitive landscapes. It helps in identifying target markets, understanding customer needs, and developing effective strategies to achieve business and marketing goals.

By conducting research, businesses can gather data and information to inform their decision-making and ensure that their goals are aligned with customer expectations and market opportunities.

Primary research involves gathering firsthand data directly from the source, such as through surveys, interviews, or observations. It is more specific and focused on the unique needs and objectives of a particular study. Secondary research, on the other hand, involves using existing data and information from published sources.

While secondary research provides a broader understanding of a topic, primary research allows for more control and customization of the research process to address specific research objectives.

When launching a new product or service, one of the primary marketing priorities is to determine if there is a demand for it in the market.

Market research helps in assessing the viability and potential success of a product or service by gathering insights on customer preferences, needs, and market conditions. This information enables businesses to make informed decisions about product development, positioning, pricing, and marketing strategies.

Segmentation is the process of grouping individuals with similar characteristics or behaviors into distinct segments for marketing purposes.

By segmenting the market, businesses can target specific groups that are most likely to be interested in their products or services. Market segmentation allows for more personalized and targeted marketing strategies, resulting in better customer engagement and increased marketing effectiveness.

Once businesses identify what people want through market research, it becomes crucial to understand the motivations behind their choices. This involves delving deeper into the underlying reasons, preferences, and factors that drive consumer behavior.

By understanding the motivations behind consumer choices, businesses can tailor their marketing messages, product features, and overall customer experience to better align with customer needs and increase the chances of success in the market.

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Select the qualification that is best demonstrated in each example.

Harriet does not give up until she figures out what is wrong with an engine.

Giovanni is friendly and pleasant when interacting with others.

Tabitha is good at identifying and fixing problems with equipment.

Answers

Answer:

1: persistence

2: customer service skills

3: troubleshooting skills

Explanation:

Can I have Brainly?

Answer:

1: persistence

2: customer service skills

3: troubleshooting skills

Explanation:

The Government of Ghana has initiated severally policies aimed at digitalizing the economy. Over the past
decade, the government has initiated policies such as the e-payslip to curb ghost workers, the construction of
the Accra digital centre, the introduction of Ghana.gov to facilitate online payments such as filling taxes among
others and the QR code system. However, the patronage of such platforms and systems has not been
encouraging. In an attempt to encourage adoption and frequent usage of the online platforms, the Government
of Ghana wishes to understand the reasons Ghanaians fail to fully patronize these platforms. Your friend who
works with the ministry of communication recommends you as the best consultant for the project. As a
consultant, you are expected to determine how the age of citizens, level of education, gender, income, and rural
and urban settlement affect patronage of digital platforms. As the consultant:
a. Formulate a research topic and state the dependent and independent variables.
b. State the general objective and two specific objectives for this study.

Answers

Answer:

3x3+4-4hrhrbrbrbbrbbdbdbdbbrbr

Liliana de la Cruz puts $8,000 into a load mutual fund. She knows that her up-front sales charge is 5 percent. How much of her money actually goes to buy shares in the mutual fund?

Answers

$7,600 of money actually goes to buy shares in the mutual fund

How much of her money actually goes to buy shares in the mutual fund?

Liliana de la Cruz puts $8,000 into a load mutual fund. She knows that her up-front sales charge is 5 percent.

To "mutually" purchase stocks, bonds, and other investments, mutual funds allow you to combine your funds with those of other investors. They are managed by seasoned money managers who select the stocks, bonds, and other securities to acquire and determine when to sell them. You are exposed to every investment in the fund as well as any revenue they produce.

$8,000 × 0.05 = $400; $8,000 − $400 = $7,600

$7,600 of money actually goes to buy shares in the mutual fund

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a _____ attempts to gain access to a system for malicious purposes without the owner's consent.

Answers

Answer:

A black hat hacker

Answer: Black hat hacker

Explanation:

Last year Electric Autos had sales of $100 million and assets at the start of the year of $150 million. If its return on start-of-year assets was 15%, what was its operating profit margin?

Answers

Answer:

22.50%

Explanation:

Amount of return on asset = Rate of return * Asset value

Amount of return on asset = 15% * $150 million

Amount of return on asset = $22.5 million

Operating profit margin = Amount of return on asset / Sales

Operating profit margin = $22.5 million / $100 million

Operating profit margin = 0.225

Operating profit margin = 22.50%

Which of the following is true?
A. None of the above is true.
B. Free trade areas and customs unions do not conflict with either the most- favoured-nation or national treatment principles of the GATT. C .Free trade areas and customs unions are a violation of the most-favoured-nation principle, but were permitted by the contracting parties to the GATT so long as they created trade.
D. Free trade areas and customs unions are a violation of the national treatment principle, but were permitted by the contracting parties to the GATT so long as they created trade.​

Answers

Answer:

C.

Explanation:

In the context of the General Agreement on Tariffs and Trade (GATT), free trade areas and customs unions were seen as exceptions to the most-favored-nation (MFN) principle, which states that countries should not discriminate between their trading partners. Free trade areas and customs unions involve preferential treatment among member countries, which goes against the MFN principle.

However, the contracting parties to the GATT allowed for the creation of free trade areas and customs unions as long as they promoted trade and economic integration among member countries. These exceptions were made in recognition of the potential benefits that such arrangements could bring.

Therefore, option C accurately describes the stance on free trade areas and customs unions in relation to the GATT.

Why consumer is important in economy?; How is the economy affected by wise consumers?; How does consumer demand affect a company's ability to make profit?; What is the consumer demand?

Answers

Consumers play a key role in raising demand for goods and services that have adopted circular economy principles. Moreover, The increase in consumer spending in turn helps the economy sustain its expansion. A undersupply and high demand will cause the company to be constantly running out of items and displeasing customers. Overall, a consumers demand is an economic measure of a group's desire for a product or service based on availability.

2. In 2020, Leon Longrove sold a piece of business equipment that had an adjusted basis to him of $50,000 for $75,000 cash plus artwork that had a fair market value of $25,000. The buyer assumed Leon's $20,000 loan on the equipment. Leon paid $5,000 in selling expenses. What is the amount of Leon's gain on the sale

Answers

Answer:

Leon's gain = $65,000

Explanation:

Total consideration received by Leon = $75,000 (cash) + $25,000 (artwork) + $20,000 (loan assumed by buyer) = $120,000

Leon's total costs = $50,000 (equipment's basis) + $5,000 (selling expenses) = $55,000

Leon's gain = total consideration received - total costs = $120,000 - $55,000 = $65,000

Alistair owns and runs a bakery. He buys groceries worth $250 for his business. What entries does he make in the book of accounts?

Alistair makes two entries in the book of accounts. He debits the supplies account and
compliance with the
principle of transaction
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Answers

Alistair is the owner and operator of a bakery. He spends $250 on groceries for his business. He makes two bookkeeping entries in the book of accounts. He debits the supplies account and follows the transaction principle.

A book of accounts contains commercial account transaction records. Commercial double entry accounting systems include numerous ledgers or books, such as the general ledger as well as general journal. These ledgers are collectively referred to as books, a shortened term for books of account. Any of the numerous books utilised in the accounting process can be referred to as a single book of accounts.

Thus the entries that he make in the book of accounts is that he makes two entries in the book of accounts. He debits the supplies account and compliance with the principle of transaction.

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Reflect on how the money multiplier concept can be an important tool of both expansionary as well as contractionary monetary policy for any central bank such as the U.S. Federal Reserve Bank?

Answers

The money multiplier can be used as an expansionary and also an expansionary tool by a given government.

What is an expansionary tool?

As an expansionary tool, the money multiplier may be used to increase the amount of money supply that is in an economy. This would cause the interest rates to be low so that people would not have much benefits from saving their money.

As a contractionary tool

The money multiplier can be used to reduce the amount of money that is in circulation in a given economy. This would make people want to save more money in the bank because the interest rate is going to be raised.

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Lux Ladies, Inc., is a company that specializes in expensive and unusual gifts for all occasions. It keeps a large file of information on all of its regular customers, including names, addresses, and type of gifts they have ordered in the past, and the size and frequency of their orders. The electronic file which stores this information is a(n)

Select one:
a. spreadsheet.
b. MP3 file.
c. PERT file.
d. database.

Answers

Option D. The database is the The electronic file which stores this information for the company Lux Ladies, Inc.

What is a database?

A database in computing is a structured collection of data that is electronically accessible and stored. Large databases are housed on computer clusters or cloud storage, whilst small databases can be stored on a file system.

A database is a collection of data that has been organized to make it simple to manage and update. Data records or files containing information, including as sales transactions, customer information, financial data, and product information, are often aggregated and stored in computer databases.

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This chapter is all about trade--imports and exports and the balance of payments.

Answers

I just need for point

In which of these do homeowners own BOTH the home and the
land it sits on?

cooperative
timeshare
condominium
townhouse

Answers

Answer:

time share is the answer or townhous

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

Answers

Answer: a call to action

Explanation:

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

What is the main goal of a call to action?

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

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

Thus, the ideal selection is option A.

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Rachelle transfers property with a tax basis of $800 and a fair market value of $960 to a corporation in exchange for stock with a fair market value of $765 and $42 in cash in a transaction that qualifies for deferral under section 351. The corporation assumed a liability of $153 on the property transferred. What is the corporation's tax basis in the property received in the exchange

Answers

Answer:

$842

Explanation:

The computation of corporation's tax basis in the property received in the exchange is shown below:-

corporation's tax basis = Fair market value + Transaction

= $800 + $42

= $842

Therefore, The corporation's tax basis should be equivalent to the shareholder's tax basis as the property is transferred for $800 (a substituted basis) and add gain recognized of $42. And If the corporation sells the property for $960, the recognized gain would be $52.

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