The total amount of depreciation expense over an asset's useful life will be the same under all methods of depreciation. True False
Answers
True. The total amount of depreciation expense over an asset's useful life will be the same under all methods of depreciation.
Depreciation expense represents the allocation of an asset's cost over its useful life, and the total depreciable amount remains constant regardless of the depreciation method chosen.
However, the timing and distribution of depreciation expenses may vary among different methods. For example, the straight-line method evenly distributes the depreciation expense over the useful life, while other methods such as the declining balance or units of production methods may result in different amounts of depreciation expense in each period. Nonetheless, the total depreciation expense over the asset's useful life will remain consistent across all methods.
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A company purchased a commercial dishwasher by paying cash of $5,300. The dishwasher's fair value on the date of the purchase was $5,690. The company incurred $500 in transportation costs, $220 installation fees, and paid a $160 fine for illegal parking while the dishwasher was being delivered. For what amount will the company record the dishwasher?
Answers
When a company purchases an asset, the cost of the asset is recorded on the balance sheet as an asset. In this case, the company purchased a commercial dishwasher for $5,300 in cash. However, the fair value of the dishwasher on the date of purchase was $5,690, which means the company received a discount on the purchase.
To record the dishwasher on the balance sheet, we need to add the cost of the dishwasher to any additional costs incurred to get it up and running. The company incurred $500 in transportation costs to get the dishwasher to their location and $220 for installation fees, which brings the total cost to $6,020 ($5,300 + $500 + $220).
The company will record the dishwasher at a total cost of $6,020. This includes the cash payment of $5,300, transportation costs of $500, and installation fees of $220. The $160 fine for illegal parking is not considered as it is not directly related to the acquisition of the dishwasher.
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Thinking and note-taking Discuss the effects of advertising on your day-to-day life with a partner.
Organize your ideas in the diagram. Use your notes from your brainstorming on topic vocabulary
about advertising in activities 1 and 2.
Opinions
Reasons
Education
Facts / Examples
Answers
The discussion of the effects of advertising on your day-to-day life with a partner is done below:
Opinions: Advertisers try to make people seem miserable if they do not make use of their product.
Reasons: This is seen in the types of ads that are used as bandwagon fallacy is one of the most popular which tells you that since a large number of people are using the product, why should you be left out?
Education: There are different ways of disseminating these adverts and they can be done through TV, billboards, social media, etc
Facts / Examples: A company selling toothpaste can make an advert with the caption, "If 20 million people trust our product, you should too" and then someone with pure white teeth flashes a smile.
What is Advertising?This refers to the creation of awareness for a particular product so that people would come and purchase the product.
Hence, we can see that the discussion of the effects of advertising on your day-to-day life with a partner is done above.
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ebit is another term for _______ . multiple choice question. income after taxes residual income net operating income operating assets
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EBIT is another term for operating income.
EBIT refers to Earnings Before Interest and Taxes. It is a term used in accounting and finance that refers to a company's operating profits or earnings before interest and taxes are deducted.
Operating income, also known as EBIT (Earnings Before Interest and Taxes), is a measure of a company's profitability.
It is calculated by subtracting the company's operating expenses from its total revenue, before taking into account interest and taxes.For the given multiple choice question:EBIT is another term for operating income.
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Using productivity software ensures that the end product will look professional.
Answers
Answer: false
Explanation:
on edge 2021
Answer: The answer is false
Explanation:
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.................. people lack enthusiasm.
Answers
prolly cuz we're all depressed in our own lives.
During her lunch break one afternoon, alison set a goal of completing all required trainings in the next 90 days by taking two trainings a week. What is she doing?.
Answers
She is planning
Planning strategically. Strategic plans are all about the reasons why certain things must occur, according to Story.Planning for contingencies and tactical actions
What are the initial three steps in a proper organization's planning process?It's crucial to review key measures that will position you and your business for success before you start the strategic planning process.
Decide on your strategic stance.Set priorities for your goals.Create a plan, then carry it out and manage it.Examine and update the plan.Types of planning
operational, preparation, Motivational speaker for CEOs Mack Story stated on LinkedIn that operational strategies are about how things should proceed. ...
Planning strategically. Strategic plans are all about the reasons why certain things must occur, according to Story.Planning for contingencies and tactical actions
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2. 5Critically discuss how being awarded a busary could urge you to succeed at tertiary institutions
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A bursary is an amount of money provided to a student to help them pay for their education. It could be given to a student based on merit, financial need, or other criteria.
Being awarded a bursary could urge you to succeed at tertiary institutions in various ways, and this will be critically discussed below: Financial assistance: Most students often struggle to pay for their tuition fees and other expenses associated with their academic pursuits. Therefore, being awarded a bursary will ease the financial burden and help you focus on your academic work.
A boost in self-confidence: Being awarded a bursary could serve as a validation of your hard work, academic achievements, and potential. It could boost your confidence and make you more motivated to put in more effort into your studies. This will likely reflect in your academic results.
Improvement in academic performance: Knowing that your academic progress is being monitored as part of the bursary requirements could motivate you to strive for excellence. You may be more likely to work harder, spend more time studying, and seek out help when needed.
Consequently, this could result in improved academic performance and increased chances of success. Greater opportunities: Being awarded a bursary could provide you with greater opportunities that may not have been available otherwise.
For instance, some bursaries may come with internships, mentorship, or other networking opportunities. These experiences could give you a competitive advantage in your field and improve your chances of success.In conclusion, being awarded a bursary could urge you to succeed at tertiary institutions by providing financial assistance, boosting your self-confidence, improving your academic performance, and offering greater opportunities.
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A budget is prepared as part of a(n) _____ plan.
Answers
Answer:
Financial
Explanation:
Answer:
A budget is part of a financial plan.
Explanation:
Financial work is anything having to do with money, and a budget is a plan for spending money. Therefore, budgets are part of a finance plan!!
What are checks?
I put:
Checks are a small piece of paper that is used to be paid money from another person's account, with their consent of course.
and got 100%
Answers
Answer:
A cheque, or check, is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the drawer, has a transaction banking account where their money is held.
Answer:
Checks are a small piece of paper that is used to be paid money from another person's account, with their consent of course.
Explanation:
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suppose that driven by waves of national pride, consumers across the world (including the united states) decide to buy home-produced products where possible. explain how the demand for and supply of us dollars would be affected. what can you say about the impact of the equilibrium dollar exchange rate?
Answers
When foreign demand for US goods decreases, then people buy less of USD products which can skew the equilibrium dollar exchange rate.
What is the equilibrium dollar exchange rate?
The long-term exchange rate that equates a currency's purchasing power parity (PPP) in a scenario where all items are traded and markets are fully functional is known as the equilibrium exchange rate. According to the "PPP theory of exchange rates," such convergence would indicate that similar price levels should be seen internationally. The exchange rate that balances supply and demand for a specific currency relative to another currency is known as the equilibrium exchange rate. The market is cleared at this price.
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The goal of the firm is to maximise profit."" Do you agree or disagree with this statement? Justify your answer.
Answers
I believe that the goal of the firm should be to maximize profit, but it should also focus on other important goals, such as customer satisfaction, employee satisfaction, and social responsibility.
In the past, it was assumed that firms should focus on maximizing profit. However, this view has changed in recent years. Today, it is recognized that there are other important goals for firms, such as customer satisfaction, employee satisfaction, and social responsibility.
Customer satisfaction is important because it leads to repeat business. When customers are satisfied with a firm's products or services, they are more likely to buy from the firm again in the future. This can lead to increased sales and profits for the firm.
Employee satisfaction is important because it leads to increased productivity and reduced turnover. When employees are satisfied with their jobs, they are more likely to be productive and stay with the firm. This can lead to increased profits for the firm.
Social responsibility is important because it can lead to increased trust and loyalty from customers, employees, and investors. When firms are seen as being socially responsible, they are more likely to be successful in the long run.
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assme a sales price per unit of $10, variance cost $6 and total fixd cost $134400 break even points in units
Answers
Break even point in units is 33600$
It is calculated as follows:
Total FC/ unit contribution
Here Total FC is 134400
and unit Contribution is calculated as Sales price- variable cost
Therefore:
$134400/($10 - $6) = 33600 $
The breakeven point or the break-even price for a trade and investment is determined by comparing the market price of an asset to the original cost of the product.
The breakeven point is always reached when the two prices are equal.
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The goal of federal reserve monetary policy is to affect the level of competition in the u.s.
a. True
b. False
Answers
The Fed normally implements monetary policy by setting a target for the federal funds rate. It achieves its goals through open market operations, financial transactions traditionally involving US Treasury bonds.
What is the main objective of monetary policy in the US economic?What is the goal of US monetary policy? Monetary policy has two basic objectives: Promote 'maximum' sustainable production and employment and promote 'stable' prices. These goals are mandated by amendments to the Federal Reserve Act of 1977.
How does monetary policy affect economy?Monetary policy primarily affects the economy, promoting or constraining it in the form of new capital. Monetary policy is implemented by the Fed and involves changes in the money supply interest rate. An expansionary policy involves increasing the money supply while lowering interest rates.
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1. Waves are created when a source of energy causes a _____.
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Answer:
Waves are created when a source of energy causes a medium to vibrate. A vibration is a repeated back-and-forth or up-and-down motion. This motion is the source of the wave. Waves are classified according to how they move.
Explanation:
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Answers
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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1. Antitrust laws are designed to
Answers
Answer:
Antitrust laws are statutes developed by governments to protect consumers from predatory business practices and ensure fair competition. Antitrust laws are applied to a wide range of questionable business activities, including market allocation, bid rigging, price fixing, and monopolies
Explanation:
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Fill the Blank ? if a residual is negative, then that data point lies _________________ the regression line.
Answers
If a residual is negative, then that data point lies below the regression line.
In linear regression, residuals are the differences between the actual values and the predicted values of the response variable. A residual can be either positive or negative, depending on whether the actual value is greater or smaller than the predicted value. If a residual is negative, then the actual value is below the regression line, and if it is positive, then the actual value is above the regression line.
A negative residual indicates that the model underestimates the actual value, which means that the data point lies below the regression line. Understanding residuals is essential to assess the accuracy of the regression model and identify any outliers or influential data points that may affect the model's performance.
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Required information [The following information applies to the questions displayed below.] The Platter Valley factory of Bybee Industries manufactures field boots. The cost of each boot includes direct materials, direct labor, and manufacturing (factory) overhead. The firm traces all direct costs to products, and it assigns overhead cost to products based on direct labor hours. The company budgeted $14,160 variable factory overhead cost, $88,800 for fixed factory overhead cost and 2,400 direct labor hours (its practical capacity) to manufacture 4,800 pairs of boots in March. The factory used 2,800 direct labor hours in March to manufacture 4,700 pairs of boots and spent $15,900 on variable overhead during the month. The actual fixed overhead cost incurred for the month was $90,900. The Platter Valley factory of Bybee Industries uses a two-variance analysis of the total factory overhead variance. Required: 1. Compute the total flexible-budget variance for overhead and the production volume variance for March. What was the total factory overhead cost variance for March? Indicate whether each variance is favorable (F) or unfavorable (U). 2. Determine the three components of the total flexible-budget variance for overhead (i.e., the variable overhead spending variance, the variable overhead efficiency variance, and the fixed overhead spending variance); in addition, show the production volume variance for March. Indicate whether each variance is favorable (F) or unfavorable (U). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Campite the tatal flavikla hidant cincinnan for minchand and tha mundication valuma
Previous question
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Answers
Total flexible-budget variance for overhead: $2,040 U. Production volume variance for March: $2,400 F. Total factory overhead cost variance for March: $360 U (Unfavorable). The total flexible-budget variance measures the difference between the actual overhead cost and the flexible budget amount. The production volume variance shows the difference between the flexible budget amount and the budgeted overhead based on the actual activity level.
Variable overhead spending variance: $540 U. Variable overhead efficiency variance: $1,500 F. Fixed overhead spending variance: $900 U. Production volume variance: $2,400 F (Favorable). The variable overhead spending variance measures the difference between the actual variable overhead cost and the budgeted amount. The variable overhead efficiency variance shows the difference between the budgeted variable overhead based on the actual activity level and the actual variable overhead cost. The fixed overhead spending variance measures the difference between the actual fixed overhead cost and the budgeted amount.
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working on a song for someone I used to love
I'll go through all of the realities to find you
(If I need you)
Just so I can hold your hand...
Even if they think it's fake...
I want you to understand
that there's a certain miss
and a certain love
and a heartache in my chest
every time i hear your name
and im still lying in my bed
without you....
Answers
Answer: this is awsom do we have to add on or no but this is the best lyiric ever lol
Explanation: great job
A seller put her house and lot on the market for $200,000. After receiving several offers within $5,000 of her asking price, the seller entered into a contract to sell the house and lot to a buyer for $200,000. The contract provided that the buyer put up $4,000 in earnest money, which the seller could treat as liquidated damages unless: The seller fails to tender marketable title to the buyer by the agreed-upon closing date, the seller commits a material breach of this contract, or the buyer dies prior to the closing date, in which case the earnest money shall be reimbursed to the buyer's estate. The contract was signed on July 24, and the closing date was set for September 12. On August 5, the buyer was seriously injured in an accident. On September 10, the buyer was released from the hospital in a wheelchair. He determined that a ranch-style house would make his life much more bearable, but the seller's home was two stories. The buyer asked the seller to cancel the contract and to refund the $4,000 earnest money. The seller refused. The buyer did not appear on the closing date. On September 16, the seller contracted to sell the home to a purchaser for $198,000. The closing occurred as planned on October 20. The buyer files suit against the seller, praying for a refund of the $4,000 earnest money. How much is the buyer likely to recover
Answers
Answer:
$0
Explanation:
Both the buyer and seller agreed upon the amount that would be deposited as earnest money and what would happen to it in case the sale wasn't closed. The amount is not unreasonably large compared to the purchase price (2% only) and that represents a fair amount for the damages suffered by the seller. The seller is not responsible for the things that happened to the buyer.
Huge differences in the wealth of relatively similar countries such as North and South Korea are an example of how different ______ and political conditions affect businesses.
Answers
Huge differences in wealth are an example of how different economies and political conditions affect businesses.
What is meant by the word economiesThis is the word that is used to describe the different economic climate that exists in an area. The economy of a place is used to describe the production and the supply and and demand in the area.
The difference in wealth is as a result of the different economies operated in the area.
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_____ enables employees who lose their jobs or have their hours reduced to a level at which they are no longer eligible to receive medical, dental or optical benefits have the right to pay to continue receiving benefits for themselves and their dependents under the employer's policy.
Answers
Answer:
employment and labor law
The firm's short-run supply curve is a(n) average variable cost. -sloping curve that begins at Click the answer you think is right. upward; maximum downward; maximum downward: minimum upward; minimum Do you know the answ? I know it Think so Unsure No idea
Answers
The correct answer is "upward; minimum." The firm's short-run supply curve is determined by its marginal cost curve and the portion of the average variable cost curve that lies above the marginal cost curve.
In the short run, a firm will produce at a level where its marginal cost equals the market price, as long as that price is greater than or equal to the minimum average variable cost.
As a result, the supply curve will slope upward, indicating that the firm will supply more output at higher prices. The curve will begin at the minimum point of the average variable cost curve, since the firm will not produce at a price below this level due to the inability to cover its variable costs.
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After you are done taking notes from a speaker, you should _____. A. Let them know your opinion b. Put your notes away quickly c. Type up your notes for everyone d. Review your notes and clarify.
Answers
After one is done taking notes from a speaker, one's should review your notes and clarify them also.
What are notes?Notes are the short record of particulars or statements written down as support to memory. It provides all the relevant and necessary information in a brief way.
Amended or improved notes will permit a person to recognize thoughts, develop significant learning skills, and acquire a sounder knowledge of a topic.
It is important for the reader to review and clarify their notes, after taking the notes from the speaker.
Therefore, option D is correct.
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Answer:
d
\
Explanation:
Do purchases over 10000 get reported?.
Answers
If the purchase is exceed $10,000, then it will definitely get reported.
Purchase:
Purchases refers the acquisition of goods or services in exchange for a payment of some kind.
Given,
Here we need to find if purchases over 10000 get reported.
As per the concept of accounting, Once the dealership receives cash exceeding $10,000, then the Form 8300 must be filed. Because, the deal not going through may in fact be an attempt to launder illegal funds.
Whereas If $10,000 or less was received by the dealer and the deal was cancelled, then the dealer may voluntarily file a Form 8300 if the transaction appears suspicious.
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telephone solicitations, mail, infomercials, catalogs, and e-mails can all be considered part of
Answers
Telephone solicitations, mail, infomercials, catalogs, and e-mails can all be considered part of Selling.
Selling is a two-way conversation between a buyer and a seller intended to sway the buyer's choice to buy. This can include infomercials, catalogues, telemarketing calls, postal solicitations, and emails.
A phone call that serves as an ad is referred to as a telephone solicitation. However, under FCC regulations, some phone solicitations are allowed, such as those made with your express consent, by or on behalf of a tax-exempt non-profit organisation, or from a person or organisation.
Telesales may be a highly lucrative method to start a sales career with a little bit of skill and technique. We've included some of the greatest advice and strategies for making your sales calls effective, pleasant, and—most importantly—profitable in this post.
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the company "Hives for Live" is both a ____ and a _______ organization at the same time
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The company "Hives for Live" is both a partnership of Turco and a Reese organization at the same time. By definition, a partnership business consists of two or more individuals who pool their resources to create a company and agree to split the risks, rewards, and losses.
Law firms, medical groups, real estate investment firms, and accountancy groups are typical instances of partnership company. The simplest form of joint ownership for two or more people is a partnership. Limited partnerships (LP) and limited time liability partnerships are the two most prevalent types of partnerships (LLP). The three various forms of partnership are as follows: Partnership in general. collaboration with a limit.
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Sirius Cybernetics Corp. produces touch-enabled wearable devices. Its research and development team recently became aware of a new, open-source technology produced by a firm overseas that would improve the processing speed and battery life of all Sirius Cybernetics devices. In this scenario, Sirius Cybernetics would be best served to embrace
A. open innovation.
B. closed innovation.
C. disruptive innovation.
D. radical innovation.
Answers
In the given situation, Sirius Cybernetics should be best served as the open innovation.
The information related to open innovation should be as follows:
The motive of using the inflows and outflow of the knowledge in order to accelerate internal innovation.It is also be used for diversifying the market for innovation purposes.It is for promotion purposes with respect to innovation & the awareness of the new and open technology source.It cannot be a closed innovation, disruptive innovation, and radical innovation.
Therefore we can conclude that Sirius Cybernetics should be best served as open innovation.
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why is enterprise important to a country ?
Answers
Answer:
New and improved products, services, or technology from entrepreneurs enable new markets to be developed and new wealth to be created. Additionally, increased employment and higher earnings contribute to better national income in the form of higher tax revenue and higher government spending.
Explanation:
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Pharoah Construction Corporation contracted to construct a building for $7340000. Construction began in 2018 and was completed in 2019. Data relating to the contract are summarized below: Year ended December 31, 2018 2019 Costs incurred $2880000 $2170000 Estimated costs to complete 1920000 0 Pharoah uses the percentage-of-completion method as the basis for income recognition. For the years ended December 31, 2018, and 2019, respectively, Pharoah should report gross profit of
Answers
Pharoah Construction Corporation should report a gross profit of $2,456,000 for the year ended December 31, 2018, and $5,340,000 for the year ended December 31, 2019.
This is calculated by subtracting the costs incurred from the revenue recognized using the percentage-of-completion method.
The percentage-of-completion method recognizes revenue and expenses proportionally as work is completed. To calculate the gross profit, we need to determine the revenue recognized for each year.
For 2018, the costs incurred were $2,880,000 and the estimated costs to complete were $1,920,000. The total contract price is $7,340,000 ($7,340,000 - $1,920,000 = $5,420,000). The percentage of completion for 2018 is 2,880,000 / 5,420,000 = 53.11%. Therefore, the revenue recognized in 2018 is 53.11% of $7,340,000, which is $3,896,074.
For 2019, the costs incurred were $2,170,000, and there were no estimated costs to complete since the construction was completed. The remaining revenue to be recognized is $7,340,000 - $3,896,074 = $3,443,926.
Therefore, the gross profit for 2018 is $3,896,074 - $2,880,000 = $1,016,074, and for 2019, it is $3,443,926 - $2,170,000 = $1,273,926. Adding the two years together, the total gross profit is $1,016,074 + $1,273,926 = $2,456,000 for 2018 and 2019 combined.
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