Western Sound Studios records and masters audio tapes of popular artists in live concerts. The performers use the tapes to prepare ‘‘live’’ albums, CDs, and MP3s. The following account balances were available at the beginning of 2009:
Accounts Payable $ 11,900
Accounts Receivable 384,000
Cash 16,300
Common Stock 1,000
Insurance Payable 11200
Interest Payable 100,000
Notes Payable (Long-term) 4000
Rent Payable (Building) 10000
Retained Earnings, 12/31/201101,200
During 2009, the following transactions occurred (the events described below are aggregations of many individual events):
a. Taping services in the amount of $994,000 were billed.
b. The accounts receivable at the beginning of the year were collected.
c. In addition, cash for $983,000 of the services billed in transaction a was collected.
d. The rent payable for the building was paid. In addition, $48,000 of building rental costs was paid in cash. There was no rent payable or prepaid at year-end.
e. The equipment rent payable on January 1 was paid. In addition, $84,000 of equipment rental costs was paid in cash. There was no rent payable or prepaid at year-end.
f. Utilities expense of $56,000 was incurred and paid in 2009.
g. Salaries expense for the year was $702,000. All $702,000 was paid in 2009.
h. The interest payable at January 1 was paid. During the year, an additional $11,000 of interest was paid. At year-end no interest was payable.
i. Income taxes for 2009 in the amount of $19,700 were incurred and paid.

Answers

Answer 1

Answer:

the journal entries for the unrecorded transactions are:

a. Taping services in the amount of $994,000 were billed.

Dr Accounts receivable 994,000

    Cr Service revenue 994,000

b. The accounts receivable at the beginning of the year were collected.

Dr Cash 384,000

    Cr Accounts receivable 384,000

c. In addition, cash for $983,000 of the services billed in transaction a was collected.

Dr Cash 983,000

    Cr Accounts receivable 983,000

d. The rent payable for the building was paid. In addition, $48,000 of building rental costs was paid in cash. There was no rent payable or prepaid at year-end.

Dr Rent expense 48,000

Dr Rent payable 10,000

    Cr Cash 58,000

e. The equipment rent payable on January 1 was paid. In addition, $84,000 of equipment rental costs was paid in cash. There was no rent payable or prepaid at year-end.

there is no equipment rent payable

Dr Equipment rent expense 84,000

    Cr Cash 84,000

f. Utilities expense of $56,000 was incurred and paid in 2009.

Dr utilities expense 56,000

    Cr Cash 56,000

g. Salaries expense for the year was $702,000. All $702,000 was paid in 2009.

Dr Salaries expense 702,000

    Cr Cash 702,000

h. The interest payable at January 1 was paid. During the year, an additional $11,000 of interest was paid. At year-end no interest was payable.

Dr Interest expense 11,000

Dr Interest payable 100,000

    Cr Cash 111,000

i. Income taxes for 2009 in the amount of $19,700 were incurred and paid.

Dr Taxes expense 19,700

    Cr Cash 19,700


Related Questions

Prompt
What should you do after writing something?

Answers

Answer:

give full stop

Explanation:

if u didn't give full stop than the statement won't be completed

which option is best described as a complementary good for trucks?
A. truck blogs
B. Truck Fuel
C. Truck factories
D. Truck regulations

Answers

The option that is best described as a complementary good for trucks is A. truck blogs.

What is complementary good ?

A good that adds value to another good or service is said to be complimentary. To put it another way, they are two items that the client uses in tandem with one another. For instance, cereal and milk or a DVD and a DVD player.

A complementary good in economics is one whose appeal rises along with the appeal of its counterpart. Technically speaking, it exhibits a negative cross elasticity of demand, meaning that when the price of one commodity lowers, demand for it also rises.

Therefore, option A is correct.

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Which of the following is an example of an internal proposal?

Answers

The statement that express an example of internal proposal is A:An email from a subordinate to a superior requesting for leave.

An internal proposal  can be regarded as a type of proposal that is utilized for pitching a project within your organization.

This is different from external proposals, because external proposal is been submitted outside the organization so that job can be secured.

Option A expressed a kind of internal proposal.

Therefore, the first option is correct.

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CHECK THE COMPLETE QUESTION HERE;

Which of the following is an example of an internal proposal?

An email from a subordinate to a superior requesting for leave.

A vendor's email proposing to handle the distribution of a company's products

You are International Business Manager at a UK based company. Your company has identified USA and Europe as potential markets and wish to expand asap and plans a full-scale expansion. You are requested to analyse both projects and advise.

In considering such large project, you must work out the risk of each project, cost of capital and NPV. Allocate discount rate for each project according to current international business climate and justify why you allocated the discount rate for each region. Discuss how you aim to manage international risks.

Projected cash flows in respective currencies:

Year Net Cash Flow – USA USD Net Cash Flow - Europe EUR
0 -20 million -20 million
1 2 million 2 million
2 4 million 3 million
3 5 million 4 million
4 6 million 8 million
5 8 million 8 million

Instructions:
a. Briefly discuss viability of both projects in today’s global business context. Based on your discussion allocate and justify discount rate for both projects. (30 Marks)
b. How much investment (GBP) is needed for each project and what is the NPV of each project? Use spot and forward exchange rates to discuss. (30 Marks)
c. Considering current world economic climate, the future exchange rates are uncertain. How would you analyse/anticipate the change in exchange rates? Write a brief proposal to mitigate impact of possible exchange rate fluctuations (30 Marks)
d. Discuss your calculations and advise which project should be selected. (10 Marks)

Answers

Answer:

a. In order to determine the viability of these projects and allocate the appropriate discount rate, it is necessary to consider the current global business context. This includes factors such as economic conditions, political stability, competition, and other risks specific to each region.

Based on this analysis, the USA project may be considered more viable due to its larger market size and generally more stable economic and political environment compared to Europe. However, the European project may offer potential for growth in certain sectors, such as technology or green energy.

In terms of discount rates, it would be appropriate to allocate a higher rate for the European project due to the greater inherent risks associated with expanding into this region. The discount rate for the USA project could be lower, reflecting the lower perceived risk.

b. In order to calculate the amount of investment needed for each project and the corresponding NPV, we will need to convert the projected cash flows into GBP using the current spot exchange rate. For example, if the spot exchange rate for USD is 1.30 GBP and the spot exchange rate for EUR is 1.20 GBP, the investment needed for the USA project would be £20 million and the investment needed for the European project would be £20 million.

Using a discount rate of, say, 10% for the USA project and 15% for the European project, we can then calculate the NPV of each project as follows:

USA project:

NPV = -£20 million + (£2 million / 1.1) + (£4 million / (1.1^2)) + (£5 million / (1.1^3)) + (£6 million / (1.1^4)) + (£8 million / (1.1^5))

= £2.8 million

European project:

NPV = -£20 million + (£2 million / 1.15) + (£3 million / (1.15^2)) + (£4 million / (1.15^3)) + (£8 million / (1.15^4)) + (£8 million / (1.15^5))

= £2.2 million

c. In order to anticipate and mitigate the impact of exchange rate fluctuations on these projects, it may be advisable to use forward exchange contracts to lock in a specific exchange rate for a future date. This can help to reduce uncertainty and protect against potential losses due to unfavorable movement in the exchange rate.

Additionally, it may be helpful to diversify the currency exposure of the projects by investing in a range of currencies or using currency hedging strategies. This can help to reduce the overall risk associated with exchange rate fluctuations.

d. Based on the calculations above, it appears that the USA project may offer a higher NPV and therefore may be the more attractive option. However, it is important to consider all factors when making this decision, including the specific risks and opportunities associated with each region, as well as the company's overall goals and resources.

Creating your own flyer assignment

Answers

Answer:

what's the question ...?

Explanation:

write the interrelationship between education and profession​

Answers

Explanation:

in order to have a profession you need to get an education first ... if you start out working along side someone,that someone is giving you an education in how to do the job you want to do. if you are planning a profession such as a doctor or a lawyer , prepare yourself for a lot of education..

Medallion Cooling​ Systems, Inc., has total assets of $9,800,000​, EBIT of $2,050,000​, and preferred dividends of $201,000 and is taxed at a rate of 40%. In an effort to determine the optimal capital​ structure, the firm has assembled data on the cost of​ debt, the number of shares of common stock for various levels of​ indebtedness, and the overall required return on​ investment:

Capital structure/debt Cost of​ debt Number of stock shares Rate of​ return
0% 0% 200,000 12.3%
15 7.8 175,000 13.1
30 9.1 140,000 14.2
45 12.1 111,000 16.3
60 15.2 75,000 20.1

Calculate earnings per share for each level of indebtedness.

Answers

Answer:

Earnings per share:

0% debt = $5.145 per share

15% debt = $5.487 per share

30% debt = $6.203 per share

45% debt =  $6.386 per share

60% debt = $6.570 per share

Explanation:

The earnings per share is the monetary value of how much each share of common stock outstanding has earned. The earnings per share can be calculated by dividing the Net Income attributable to common stockholders by the number of common stock shares outstanding.

Net Income attributable to Common stockholders = Net Income - Preferred stock dividends

Thus, Earnings per share = (Net Income - Preferred stock dividends) / Number of common stock shares outstanding

To calculate Earnings per share at each level of indebtedness, we first need to calculate the net income at each debt level. The net income will change as interest is deducted before calculating net income.

Net Income = EBIT - interest - tax

Total debt = Total assets * weightage of debt in capital structure

Tax = EBT * tax rate

a. 0% debt

Net Income = 2,050,000 - 0 - (2050000 * 0.4) = $1,230,000

Earnings per share = (1230000 - 201000) / 200000   =  $5.145 per share

b. 15% debt

Total debt = 9,800,000 * 0.15 = 1470000

EBT = 2,050,000 - (1470000 * 0.078)  =  $1935340

Net Income = 1935340 - ( 1935340 * 0.4) = $1161204

Earnings per share = (1161204 - 201000) / 175000   =  $5.487 per share

c. 30% debt

Total debt = 9,800,000 * 0.30 = 2940000

EBT = 2050000 - (2940000 * 0.091)   =  $1782460

Net Income = 1782460 - (1782460 * 0.4) = $1069476

Earnings per share = (1069476 - 201000) / 140000   =  $6.203 per share

d. 45% debt

Total debt = 9,800,000 * 0.45 = 4410000

EBT = 2050000 - (4410000 * 0.121)   =  $1516390

Net Income = 1516390 - (1516390 * 0.4) = $909834

Earnings per share = (909834 - 201000) / 111000   =  $6.386 per share

e. 60% debt

Total debt = 9,800,000 * 0.60 = 5880000

EBT = 2050000 - (5880000 * 0.152)  =  $1156240

Net Income = 1156240 - (1156240 * 0.4) = $693744

Earnings per share = (693744 - 201000) / 75000   =  $6.570 per share

In which situation would a banker's draft be used?

A. When a person is traveling in another country and does not want
to carry a lot of cash

B. When a buyer doesn't want to wait for the seller to confirm that
funds exist in an account

C. When a buyer wants to purchase a large number of items at once and wants the seller to have quick access to funds

D. When the person making the payment wants money to be
available in the receiving bank's account

Answers

Banker's draft can be used when the person making the payment wants money to be

available in the receiving bank's account.

What is bank draft?

Banker's draft is a a form of cheque that is given to a customer at the bank either for a purchase payment.

It can also be brought to another bank for remittance, it serves as evidence for transactions.

Therefore, a banker draft can be used when the person making the payment wants money to be

available in the receiving bank's account.

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Answer:

D. When the person making the payment wants money to be

available in the receiving bank's account

Explanation:

A banker's draft is used as a guarantee of payment to another bank or financial institution. Nonetheless, when someone wants money to be available in the receiving bank's account they use a banker's draft.

The process of allocating funds to projects and investments includes the following:
A. Analysis
B. Selection
C. Monitoring
D. Evaluating performance


Analyze or explain any three of the above.

Answers

The process of allocating funds to projects and investments involves several important steps, including analysis, selection, and monitoring. By following these steps, organizations can make informed decisions about where to invest their resources and ensure that their investments are delivering the expected returns.

The process of allocating funds to projects and investments involves several important steps, including analysis, selection, monitoring, and evaluating performance. Here are explanations of three of these steps:

Analysis: This step involves gathering and analyzing information about potential projects and investments to determine whether they are financially viable and aligned with the organization's goals and objectives. This includes conducting market research, analyzing financial statements and projections, assessing risks, and identifying potential barriers to success. The analysis phase helps decision-makers to make informed choices about which projects and investments to pursue.

Selection: Once potential projects and investments have been analyzed, the next step is to select the most promising ones. This involves using the information gathered during the analysis phase to compare options and choose the projects and investments that are most likely to provide the greatest returns on investment. The selection process may involve developing criteria for evaluating potential options, ranking them based on their financial potential, and weighing the costs and benefits of each option.

Monitoring: Once projects and investments have been selected and funded, it is important to monitor their progress and performance over time. This involves regularly reviewing financial and operational data to identify any potential issues or risks, and taking action to address them. Monitoring can help decision-makers to stay informed about the status of their investments, identify opportunities for improvement, and make adjustments to their funding strategies as needed.

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operations management course concept​

Answers

The operations management course concept refers to the systematic design, direction, and control of the processes that transform inputs such as raw materials, energy, and labor into outputs such as goods and services that satisfy customer needs.

This management process includes inventory management, scheduling, supply chain management, quality control, and more. The goal of operations management is to create efficient processes that maximize productivity while minimizing costs.

Students taking an operations management course learn about these concepts and how to apply them to real-world situations in various industries. They also study topics like process design, project management, lean principles, and decision-making models.

The course is usually offered as a part of business administration, engineering, or industrial technology programs. Graduates of the course may go on to careers as operations managers, logistics managers, supply chain analysts, process improvement specialists, or manufacturing engineers, depending on their areas of focus and interests.

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What are examples of Information Technology careers?

Answers

Answer:

web developer

information security analyst

product safety engineer

computer user support specialist

computer programmer

some careers in information technology are listed below;

Computer TechnicianComputer EngineerWeb MasterProgrammerData ArtchiterComputer DesignerSoftware EngineerSoftware TrainerInformation technology TeacherIT Manager

Potential entrepreneurs would be well advised to surround themselves with people who are smarter than they are.

a. True
b. False

Answers

Answer:

a. True

Explanation:

The entrepreneurs who are potential wants them to surround themselves with the people who are more smarter with them so that they would feel more challenging due to which they make the plans accordingly also it keeps the eye to the people what they are doing so accordingly they would make the strategies in order to capture the market share

therefore the given statement is true

DONT ANSWER PLZZZZZZZZZ

Answers

Answer:

ok i gochu

Explanation:

An amount for which of the following accounts would not appear in the Balance Sheet columns of the end-of-period spreadsheet?
a. Terry James, Drawing and Unearned Revenue
b. Service Revenue
c. Terry James, Drawing
d. Unearned Revenue

Answers

Answer:

Service revenue

Explanation:

Service revenue does not appear on a balance sheet. It appears on an income statement.

Philosopher T.M. Scanlon makes four points about why we should be concerned with economic inequality. What did you think of his arguments? Are there any you find convincing? Explain your position.

Answers

Answer : yes , i find the following scriptures by philosopher convincing:

T.M. Scanlon, a philosopher, has made several points about why we should be concerned with economic inequality.

Fairness and Desert: Scanlon argues that economic inequality is a concern because it can violate principles of fairness and desert. He suggests that individuals should be rewarded based on their contributions and efforts rather than arbitrary factors like birth circumstances. This perspective implies that extreme economic disparities can undermine fairness in society.

Democratic Equality: Scanlon contends that economic inequality can undermine democratic equality by allowing the wealthy to exert undue influence over political decisions, potentially distorting democratic processes. This argument highlights the potential threat to the principle of political equality when wealth disparities are significant.

Social and Economic Power: Scanlon argues that economic inequality can lead to the concentration of social and economic power in the hands of a few, creating disparities in opportunities and social mobility. This perspective suggests that unequal distribution of resources can limit equal access to education, healthcare, and other important social goods.

Social Cohesion and Shared Identity: Scanlon posits that extreme economic inequality can erode social cohesion and undermine the sense of shared identity within a society. When there is a significant gap between the rich and the poor, it can lead to social divisions, conflicts, and a sense of alienation among different groups.

The persuasiveness of these arguments may vary depending on an individual's beliefs, values, and political ideology. Some may find Scanlon's points compelling, as they highlight the potential negative consequences of economic inequality on fairness, democracy, social mobility, and societal cohesion. Others may have different perspectives, emphasizing the importance of individual freedom, market dynamics, and the potential benefits of incentives provided by economic inequality.

It's crucial to engage in thoughtful discussions and consider multiple viewpoints to foster a comprehensive understanding of the complex issue of economic inequality.

The NPV and IRR method occasionally do not agree on accept/reject decisions when evaluating an investment proposal.
True or False?

Answers

True
I remember seeing that question before and I got the anwser correct.

The NPV and IRR method occasionally do not agree on accept/reject decisions when evaluating an investment proposal. The given statement is False.

Why positive NPV should be accepted?

A project or venture has a positive NPV if the estimated earnings, discounted for their present value, are more than the anticipated costs, also expressed in today's currency. A positive NPV indicates an investment that is likely to be successful. Net loss will arise from an investment with a negative NPV.

The total of the investment's anticipated cash inflows and outflows, discounted back to their present value at a risk-adjusted rate, is known as the net present value. Project acceptance is granted if the NPV exceeds $0. The project is turned down in any other case.

Thus, the given statement is False.

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Volatile price changes, technological changes, and government intervention are what type of risks?

Answers

Volatile price changes, technological changes, and government intervention are external risks that can impact a company's operations and performance.

What are Volatile price changes

Volatile price changes refer to fluctuations in input or product prices, which can affect profitability and cost structure. Technological changes can introduce advancements or disrupt an industry, requiring companies to adapt to avoid becoming obsolete.

Government intervention, through regulatory changes or policies, can create uncertainties and challenges for companies, affecting operations, costs, and market access.

To mitigate these risks, companies should implement risk management strategies such as diversification, contingency planning, staying informed about market trends, investing in R&D, and engaging with government stakeholders.

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Paul’s grocery received 1,000 pounds of onion at $0.11 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a makeup rate of 180% based on cost.

Answers

The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.

What is the selling price per pound for onions?

Total Cost = Quantity * Cost per pound

Total Cost = 1,000 pounds * $0.11/pound

Total Cost = $110

Spoilage Quantity = 3% of Quantity

Spoilage Quantity = 3% of 1,000 pounds

Spoilage Quantity = 0.03 * 1,000 pounds

Spoilage Quantity = 30 pounds

Effective Quantity = Quantity - Spoilage Quantity

Effective Quantity = 1,000 pounds - 30 pounds

Effective Quantity = 970 pounds

Makeup Rate = 180%

Selling Price per pound:

= (Total Cost * Makeup Rate) / Effective Quantity

= ($110 * 1.80) / 970 pounds

= $2.03505/pound.

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2. Father Michael’s Wraps (pitas, wraps, flat breads) is experiencing turnover in the range of 100 percent. Most of this occurs in the first 18 months of employment. How would you determine if this turnover rate is high? How would you justify to your boss that lower turnover is strategically important? What would you look at in both pay and other forms of rewards to identify ways of reducing turnover? Justify your choices based on your reading of this chapter.

Answers

Answer:

Explanation:

To determine if the turnover rate at Father Michael’s Wraps is high, it is important to compare it to the average turnover rate for restaurants of the same size, type, and geographic area. Additionally, it is important to compare the turnover rate to the average turnover in the industry as a whole. If the turnover rate is significantly higher than the industry average, it is likely high.

To justify to your boss that lower turnover is strategically important, it is important to explain the potential costs associated with high turnover. These costs include the cost of recruiting, hiring, and training new employees, as well as the cost of lost productivity and the disruption to customer service. Additionally, it is important to emphasize that high turnover can have a negative impact on employee morale and the company’s reputation.

To identify ways of reducing turnover, it is important to look at both pay and other forms of rewards. In regards to pay, it is important to ensure that employees are paid competitive wages in comparison to similar positions in the area. Additionally, it is important to look at other forms of rewards, such as flexible scheduling, job enrichment, and recognition programs. These forms of rewards can help to boost employee satisfaction and reduce turnover.

Justifying these choices based on the reading of this chapter requires understanding the literature on employee turnover. According to the literature, competitive wages, flexible scheduling, job enrichment, and recognition programs are all effective tools for reducing employee turnover. Additionally, research has shown that competitive wages and rewards can lead to higher levels of employee satisfaction and engagement, which can lead to improved productivity and customer service. Additionally, providing rewards and recognition can help to create a positive company culture and help to reduce turnover.

Solutions Company - Unadjusted Trial Balance as of December 31.
Account Titles
Unadjusted Trial Balance Dr. Unadjusted Trial Balance Cr.
100: Cash 20,000
110: Accounts Receivable 0
120: Supplies 7,600
160: Machinery 50,000
161: Accumulated Depreciation 20,000
200: Accounts Payable 0
205: Interest Payable 0
210: Wages Payable 0
230: Unearned Rental Fees 7,200
240: Note Payable 30,000
300: Common Stock 10,000
310: Dividends 9,500
320: Retained Earnings 14,200
400: Rental Fees 32,450
600: Wage Expense 24,500
610: Interest Expense 2,250
620: Supplies Expense 0
630: Depreciation Expense 0
113,850 113,850
Totals


Requirement:

Prepare year-end adjusting journal entries for each of these separate situations.

As of December 31, employees had earned $400 of unpaid and unrecorded wages. The next payday is January 4 at which time $1,200 in wages will be paid.
The cost of supplies still available at December 31 is $3,450.
The notes payable requires an interest payment to be made every three months. The next payment occurs after the new year begins. The amount of unrecorded accrued interest at December 31 is $800.
Analysis of the unearned rental fees shows that $3,200 remains unearned at December 31.
In addition to the machinery rental fees included in the revenue account balance, the company has earned another $2,450 in unrecorded fee that will be collected on January 31 of next year.
Depreciation expense for the year is $3,800.

Answers

The Preparing Adjusted Trial Balance with the help of Worksheet: is given below:

The Adjusted Trial Balance

Solutions Company

Worksheet

December 31

Accounts Unadjusted Trial Balance Adjusting Entries Adjusted Trial Balance

Debit Credit Debit Credit Debit Credit

Cash $20,000    $20,000

Accounts Receivable 0  $2,450  2,450

Supplies 7,600   $4,150 3,450

Machinery 50,000    50,000

Accumulated Depreciation  $20,000  3,800  $23,800

Accounts Payable  0    0

Interest Payable  0  800  800

Salaries Payable  0  400  400

Unearned Rental Fees  7,200 4,000   3,200

Note Payable  30,000    30,000

Common Stock  10,000    10,000

Dividends 9,500   9,500

Retained Earnings  14,200    14,200

Rental Fees  32,450  6,450  38,900

Salaries Expense 24,500  400  24,900

Interest Expense 2,250  800  3,050

Supplies Expense 0  4,150  4,150

Depreciation Expense 0  3,800  3,800

Totals $113,850 $113,850 $15,600 $15,600 $121,300 $121,300

Preparing Income Statement:-

Solutions Company

Income Statement

For the Year Ended December 31

Accounts Amount Amount

Revenue:-  

Rental Fees $38,900

Total Revenue  $38,900

Expenses:-  

Salaries Expense $24,900

Interest Expense 3,050

Supplies Expense 4,150

Depreciation Expense 3,800

Total Expenses  ($35,900)

Net Income  $3,000

Preparing Statement of Retained Earnings:-

Solutions Company

Statement of Retained Earnings

For the Year Ended December 31

Accounts Amount

Retained Earnings 14,200

Net Income 3,000

$17,200

Dividends (9,500)

Retained Earnings, Ending $7,700

Preparing Balance Sheet:-

Solutions Company

Balance Sheet

December 31

Accounts Amount Amount

Assets:-  

Cash $20,000

Accounts Receivable 2,450

Supplies 3,450

Machinery 50,000

Accumulated Depreciation (23,800)

Total Assets  $52,100

Liabilities:-  

Accounts Payable $0

Interest Payable 800

Salaries Payable 400

Unearned Rental Fees 3,200

Note Payable 30,000

Total Liabilities  $34,400

Stockholders Equity:-  

Common Stock $10,000

Retained Earnings, Ending 7,700

Total Stockholders Equity  $17,700

Total Liabilities and Stockholders Equity  $52,100

Preparing Closing Entries:-

Solutions Company

General Journal

December 31

Date Accounts Title and Explanation Debit Credit

December 31 Rental Fees $38,900

Income Summary  $38,900

(To close Revenue Account)  

December 31 Income Summary $35,900

Salaries Expense  $24,900

Interest Expense  $3,050

Supplies Expense  $4,150

Depreciation Expense  $3,800

(To close Expenses Accounts)  

December 31 Income Summary $3,000

Retained Earnings  $3,000

(To close Income Summary)  

December 31 Retained Earnings $9,500

Dividends  $9,500

(To close Dividends Account)

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trong triết học nguyên nhân cao hơn kết quả đúng hay sai

Answers

Answer:

I don't speak that language

Explanation:

I'm not from your countryif you please translate it in English so I can understand

Partly as a response to concerns expressed by environmentally conscious consumers, Unilever has introduced its “sustainable Living Brands” of “greener” products. Through product development, sourcing through a sustainability lens and manufacturing efficiencies, opportunities for innovation have opened up for Unilever.

The ‘greener’ product is an example of Unilever’s corporate level strategy for _______ growth.

Select one:

a.
internal


b.
external


c.
responsive


d.
innovative

Answers

The ‘greener’ product is an example of Unilever’s corporate-level strategy for innovative growth. Thus, option D is correct.

Unilever has launched its "sustainable Living Brands" of "greener" products, in part in response to concerns voiced by environmentally aware consumers.

Prospects for innovation have arisen for Unilever through product creation, sustainable sourcing, and production efficiency. The 'greener' product is an illustration of Unilever's corporate-level approach to creative expansion. Therefore, it can be concluded that option D is correct.

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why do we have a graduated income tax? in your own words. ​

Answers

I think it because the higher salary you get the higher tax you pay ,it the fairest system because it lessens the burden of the poor,it makes it easy for they ones who are unfortunate but it also encourages them to work harder

Explanation:

above

paid rent of Rs.25000 by cheque. make journal entry ​

Answers

Answer:

see below

Explanation:

Rent is an expense to the business. An increase in expenses is debited.

rent was paid by cheque. The transaction will reduce money held at the bank( asset) by Rs. 25,000. A reduction in assets is credited.

The journal entry will be

Rent A/c  Dr. Rs. 25,000

Bank A/c           Cr. Rs. 25,000

stion 6
yet
vered
Net exports
ked out of
Select one:
O a. decrease as real domestic income increases
lag
stion
O b. are independent of real domestic income
O c. increase as real domestic income increases
O d. are always negative
O e. are always positive

Answers

Yeah b is a he correct answers

Opportunity cost is _____.

the cost of business itself
the cost of travel, entertainment and other activities that provide an opportunity for recreation
the cost of an alternative product or service that cannot be acquired because the available funds were used for another purpose
none of the above

Answers

Opportunity cost is the cost of an alternative product or service that cannot be acquired. Opportunity cost is frequently referred to as the second-best option.

The loss of gain that would have been realised if a different option had been chosen is sometimes product referred to as the alternative cost. The loss of benefit as a result of a change in choice is another way to explain it. The value of the next-highest-valued alternative use of a resource is what economists mean when they talk about its "opportunity cost." You cannot, for instance, read a book at home during the time you would have spent seeing a movie and spend the money you would have spent on something else.

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Choose the correct objective statement for this task.
Suppose that you have been given the task of organizing a graduation open house party for your younger brother who is graduating from high school.
a. To throw a graduation party Saturday afternoon after graduation for 50 guests, that provides ample entertainment and food, and allows my younger brother time to socialize with all the guests, at a cost of $400 or less, and all guests will be pleased with the party.
b. To throw a graduation party.
c. To throw a graduation party Saturday afternoon after graduation for 50 guests, that provides ample entertainment and food, and allows my younger brother time to socialize with all the guests.
d. To throw a graduation party Saturday afternoon after graduation for 50 guests, that provides ample entertainment and food, and allows my younger brother time to socialize with all the guests, at a cost of $400 or less.

Answers

Answer:

The correct objective statement for this task is:

b. To throw a graduation party.

Explanation:

Option b is the correct answer because it is concise and straight to the point.  It does not start enumerating unnecessary details about the graduation party.  Like a good objective statement, option b focuses the reader's attention to the main purpose of the task at hand. This is not so with options a, c, and d, which added details that were not covered by the task description.

Assume the government imposes a $3 tax on buyers, which results in a shift of the demand curve from D1 to D2. The amount of the tax paid by the consumer is rev: 05_07_2018 Multiple Choice $8. $3. $2. $1.

Answers

Based on the information given the amount of the tax paid by the consumer is rev:$5.

What is Shift of demand curve?

Shift of demand curve tend to occur  due to some factors or when their in change in  price of goods and service or change in consumer preference or want.

Since demand curve shift  from D1 to D2 this can lead increase in demand which inturn can as well affect other variables.

Based on the graph the amount of the tax paid by the consumer is $5 which is the point in which the demand curve intersect.

Inconclusion the amount of the tax paid by the consumer is rev:$5.

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Assume the government imposes a $3 tax on buyers, which results in a shift of the demand curve from D1

How can the federal reserve influence the interest rate on credit cards?
A. By shutting down credit card companies that set rates too high.
B. By raising taxes on companies that provide high-interest credit cards.
C.By adjusting the discount rate banks pay to borrow.
D.By setting up federal credit card companies with low rates.

Answers

Answer:

C. By adjusting the discount rate banks pay to borrow

Explanation:

A P E X

The federal reserve can influence the interest rate on credit cards by raising taxes on companies that provide high-interest credit cards. Thus, option B is appropriate.

The American financial system's heart is the Federal Reserve System. After a string of financial panics prompted the need for centralized supervision of the monetary system to prevent financial crises, it was established on December 23, 1913, following the passage of the Federal Reserve Act.

Banks and other lenders' interest rate-setting processes are influenced by Federal Reserve decisions. To finance anything from a car or home to your purchases using a credit card, higher Fed interest rates equate to more expensive borrowing charges.

Thus, option B is correct.

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QUESTION 11
Whether targeting consumers or resellers, marketers need to focus on:
O Buying center synergy.
O Corporate profit sharing
O Reducing derived demand
O Creating value for their customers

Answers

Marketers need to focus on creating value for their customers. The Option D.

Why is creating value for customers crucial for marketers?

Creating value for customers is crucial for marketers as it directly impacts customer satisfaction and loyalty. When marketers prioritize creating value, they focus on understanding customer needs and preferences, developing products or services that meet those needs and delivering exceptional customer experiences.

By doing so, they differentiate themselves from competitors, build strong customer relationships and drive business growth. When customers perceive value in what a company offers, they are more likely to make repeat purchases.

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