the following information is from the manufacturing budget and the budgeted financial statements of schenck development partners. direct materials inventory, january 1 $ 100,000 direct materials inventory, december 31 115,000 direct material usage budgeted for the year 375,000 accounts payable to suppliers of materials, january 1 64,000 accounts payable to suppliers of materials, december 31 112,000 a. compute the budgeted amount for purchases of direct materials during the year. b. compute the budgeted amount for cash payments during the year to suppliers of materials.

A company's assets that can be easily converted into cash are called liquid assets.

Liquid assets play a crucial role in a company's financial health and operations. They represent the resources that can be readily accessed and converted into cash without significant loss in value. The most obvious example of a liquid asset is cash, which is readily usable for any purpose. Cash equivalents, such as short-term investments and marketable securities, are also considered liquid assets because they can be easily sold or redeemed for cash. These investments are typically low-risk and have a short maturity period, allowing companies to quickly access funds if needed.

Another form of liquid asset is accounts receivable, which represents money owed to the company by its customers. While accounts receivable may not be immediately available as cash, they can be converted into cash through the collection process. Companies often have credit terms with their customers, allowing them to extend payment deadlines. However, if necessary, companies can accelerate the collection of accounts receivable to generate cash quickly.

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Answer:

b.planning times and meeting

Explanation:

The journal entry to record the sale of the tractor would be as follows:

Debit: Equipment 17,500

Credit: Cash 17,500

Debit: Gain on Sale of Equipment 7,500

Credit: Accumulated Depreciation - Equipment 7,500

An entry in your journal serves as a record of a transaction in your company's books. For every transaction, at least two journal entries must be made in double-entry bookkeeping. A bookkeeper records all of the changes that a transaction can bring about in a firm because they can be rather numerous.

To keep the accounting formula (Assets = Liabilities + Shareholders' Equity) in balance, the debits and credits in each journal entry must be equal.

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Answer:

?

Explanation:

Answer:

$2191.12

Explanation:

We are asked to find the value of a bond after 10 years, if you invest $1000 in a savings bond that pays 4% interest, compounded semi-annually.

FV=C_0\times (1+r)^n, where,

C_0=\text{Initial amount},

r = Rate of return in decimal form.

n = Number of periods.

Since interest is compounded semi-annually, so 'n' will be 2 times 10 that is 20.

4\%=\frac{4}{100}=0.04

FV=\$1,000\times (1+0.04)^{20}

FV=\$1,000\times (1.04)^{20}

FV=\$1,000\times 2.1911231430334194

FV=\$2191.1231430334194

FV\approx \$2191.12

Therefore, the bond would be $2191.12 worth in 10 years.

Answer: you don’t see your own money.

Explanation:

That which is not a criterion when evaluating financial service providers is this: C. past and current employees.

To successfully evaluate the qualification of a financial service provider, the customer must be able to look at their present and past history. They should consider their ability to incorporate emerging technologies into their businesses.

It is not really the business of the consumer to dig out the past and current employees of the business. He should be interested in other relevant factors like the above.

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The increased variability in earnings per share due to the firm's use of debt financing is measured by: degree of financial leverage.

What Is Earnings Per Share (EPS)?

The profit of a company is divided by the number of outstanding shares of its common stock to arrive at earnings per share (EPS). The resultant figure is used to gauge a company's profitability.

What is a good earnings per share ratio?

Divide the net income of a corporation by the total number of outstanding shares. However, look for superior profit performance to identify top growth stocks. Particularly, equities with EPS growth rates of at least 25% over the prior year indicate a firm has goods or services that are in high demand.

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Answer: marketing is beneficial to customers because they can receive lower price they can receive new and improved products and it is also beneficial to the business because it allows businesses to maintain long-lasting and ever-present relationships with their audience

An economic system is a means by which societies or governments organize and distribute available resources, services, and goods across a geographic region or country.

An economic system is a mechanism used by communities or governments to coordinate and distribute resources, services, as well as goods throughout a territory or nation. The factors of production, such as land, capital, labor, and physical resources, are governed by economic systems.

A society's or a specific geographic area's system of production, resource allocation, and distribution of products and services is known as an economic system or economic order.

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The discrepancy in the bank reconciliation suggests that two checks totaling $10,000 were cleared by the bank but not recorded in the ledger. This could be due to an oversight or omission by the previous bookkeeper.

It is likely that the previous bookkeeper failed to record the two checks in the ledger, leading to the discrepancy in the bank reconciliation. This could have occurred due to an oversight, negligence, or a mistake made by the bookkeeper before quitting the job.

To resolve this issue, I would take the following actions:

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Answer:

Explanation:

In this situation, the statement that would best apply would be that the broker does not have the right to ever use an interest-bearing account under Florida Real Estate laws. Since Florida Real Estate laws specifically prohibit a broker from placing a clients money in an interest account then the broker in this scenario is breaking the law and can have his real estate license taken away as well as being fined.

Answer:

Work with them on their next velocity estimate.

Explanation:

Expenditures by households on final goods and services is referred to as consumption.

Consumption is a term used to describe the amount of money spent by individuals or households on goods and services that are used to satisfy their needs or wants. It is a major component of the Gross Domestic Product (GDP) of a country and is calculated by adding up all the spending by households on goods and services during a given period of time.

Consumption is an important factor in determining the level of aggregate demand in an economy and has a direct impact on economic growth and development. In contrast, investment refers to spending on capital goods and services that are used to increase the production of goods and services. Disposable income is the income that remains after taxes and other deductions are taken out, which can be used for consumption or savings purposes.

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Answer: i wish i was in paris

Explanation:

Answer:

Ernest hemlingway

Explanation:

he was a Paris writer in 1899-1961

Hello there! A complete answer is below!

Answer:

A. Interest rates would decrease because real estate would have a relatively lower rate of return compared to​ bonds, which would cause the demand for bonds to increase.

Explanation:

Interest rates would decrease because companies would realize customers aren't buying anymore. Due to low business and little profit, they would be forced to cut prices. There would be a sharp rate of returns rather than bonds. This would cause the rate of bonds to decrease. So, the answer is A.

Answer:

A second mortgage loan uses real estate for security

Coronado Company lost all of its inventory in a fire on December 26, 2022.

To determine the total inventory value for November and December, we need to sum up the inventory values for both months.

Since the accounting records provided the inventory-related data, we can refer to those records.

However, the specific details of the inventory values for November and December are not provided in the question.

Therefore, without the inventory values, we cannot calculate the total inventory value for the two months.

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Answer:

Limitations do exist with an MIS, such as the expense to create and implement an MIS, training time for employees, lack of flexibility and capturing wrong or incomplete information.

Explanation:

Answer:

Answer:

Gross Domestic Product

Explanation:

Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of a given country’s economic health.

Mrs. Bartola will draft the following documents: A note to all employees inviting her to Christmas dinner.

The required details for memo in given paragraph

A note is a short note written to remind someone of something. In many cases, this note is written to remind the author of something. The note is small. A common size is about 8×8 cm. Because many notes are so small, small notes are soon called notes (cow-animal relationship). The best-known notes are small yellow square notes that can be attached anywhere with an adhesive strip on the back (Post-it). Memo is a modern word from the English language. The "old" word for note is scribble.

The word derives from the Italian scartabello or cartabello (book or register) and is still widely used, especially in Flanders. The word is written without the intervening n, in contrast to the eponymous catbell.

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Complete question

Read the following document and answer the question that follows.

Based on the information in the memo, which one of the following documents would you expect Ms. Bartola to write?

a business letter welcoming the new vice president of sales

an e-mail inquiring about the expected shipment date on new chair runners

a procedure manual for all company employees

a memo to all staff inviting them to attend a holiday luncheon

The correct option would be No. 2 Inadequate organizational structure. In the given scenario, the auditor has determined that the client has had excessive growth over the past several years due to recent acquisitions and internal expansion.

Through discussions with management, the auditor concludes that the company's operational staff is too lean and that internal controls in several operational functions may be currently insufficient to accommodate this rapid growth. With the lack of adequate controls and a lean operational staff, the auditor would be concerned with the Inadequate organizational structure fraud risk factor. In the given scenario, the company's rapid growth could have overwhelmed the current control systems and resources in place.

The lack of adequate organizational structure, which is responsible for the design and implementation of internal controls to prevent, detect and deter fraud, could increase the risk of fraud. The other fraud risk factors that are typically considered by auditors include rationalization/attitude, incentives/pressures, and opportunity. However, in the given scenario, the inadequate organizational structure represents the highest risk for fraud.

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The key indicators that control of goods or services has been transferred to the customer are Customer has an obligation to pay and Customer accepted the risks and rewards of ownership.The correct answer among the given options are A and C.

A) Customer has an obligation to pay: When a customer has an obligation to pay for the goods or services, it indicates that the control has been transferred to them.

This means that the customer is responsible for making the payment, which is a clear indication of their ownership and control over the goods or services.

C) Customer accepted the risks and rewards of ownership: If the customer has accepted the risks and rewards of ownership, it signifies that control has been transferred to them. This means that the customer bears the risks associated with the goods or services, such as loss or damage, and also enjoys the benefits or rewards that come with ownership, such as the right to use or sell the goods.

B) Customer has legal title to the asset: Although legal title to the asset can be an indicator of control transfer, it is not always necessary. Control can be transferred to the customer even if legal title remains with the seller.

For example, in cases of leasing or financing arrangements, the customer may not have legal title to the asset but still have control over its use.

D) Customer signed a legally enforceable contract: While a contract is important for establishing the terms and conditions of the transaction, the mere signing of a contract does not necessarily indicate that control has been transferred.

The transfer of control is determined by the actual performance of the obligations outlined in the contract.

In conclusion, the key indicators that control of goods or services has been transferred to the customer are A) Customer has an obligation to pay and C) Customer accepted the risks and rewards of ownership.

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The outputs of estimating activity resources process are:

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Assuming bucky’s hardware sold merchandise worth $1,200 to a customer, and offered terms of 2/10, n/30. if the customer pays within 10 days, bucky’s hardware will receive: $1,176

Using this formula

Amount received=Merchandise sold-(Merchandise sold ×Discount)

Where:

Merchandise sold =$1,200

Discount=2%

Let plug in the formula

Amount received=$1,200-($1,200×2%)

Amount received=$1,200-$24days

Amount received=$1,176

Inconclusion if the customer pays within 10 days, bucky’s hardware will receive: $1,176

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Answer:

Weather, Car, house, and appliances.

Explanation:

Its simple

Suing Solvents Inc. Option D

Generally, Product liability laws are laws that hold manufacturers, distributors, and retailers liable for the damages and injuries caused by the products they produce, distribute, and/or sell. These laws may vary by state and country, but generally, manufacturers and sellers must prove that they took reasonable care in making and/or selling the product.

If they fail to do so, they can be held liable for any harm caused by the product. Product liability laws also require manufacturers and sellers to provide consumers with clear and accurate product information and warnings to help protect consumers from potential harm.

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