The building material that reached an all-time record high price last May, before it dropped and then rose again to a price that’s still triple its pre-pandemic cost is lumber.
Lumber is a type of wood that has been processed into planks and boards for use in construction. It can be made from a variety of trees, but in North America, softwood trees, such as spruce, pine, and fir, are commonly used to make lumber. The price of lumber rose dramatically during the COVID-19 pandemic due to a combination of factors. When the pandemic first hit, lumber mills cut back on production because they anticipated a slowdown in the housing market. However, the opposite happened.
People who were stuck at home due to lockdowns started to invest in home renovations and do-it-yourself projects, leading to a surge in demand for lumber. At the same time, production was still limited due to mill closures and reduced capacity. As a result, lumber prices skyrocketed. After reaching an all-time high in May 2021, the price of lumber began to drop in June. This was due in part to the fact that lumber mills ramped up production to take advantage of the high prices. However, the price of lumber has still remained much higher than its pre-pandemic levels. In fact, as of October 2021, the price of lumber is still triple its pre-pandemic cost.
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1. The apartment was so cool, but there is no bus stop within miles and I don't have a car. Rent
Not rent
2. The renting agent says I have to rent for at least one year. But I'm not sure how many months I'll be in town.
Rent
Not rent
3. I'm not sure how many months I'll be in town. The renting agent says I can leave with 30 days notice.
Rent
Not rent
4. It fits my budget, and I can get to school and work easily.
Rent
Not rent
5. The apartment is great! Bigger bath than I have at home. Close to work! Rent is reasonable! On the "down side," I like cranking my tunes, but the walls are thin and this apartment is loaded with retirees. Plus, they don't allow pets, and I'm thinking about getting a pet boa constrictor.
Rent
Not rent
6. I did my homework on the landlord and found out he has a lot of complaints against him from former renters. He never repairs problems in apartments and never gives deposits back without a fight.
The apartment was so cool, but there is no bus stop within miles and I don't have a car. This was the based on the not rent. Thus, option (b) is correct.
The renting agent says I have to rent for at least one year. But I'm not sure how many months I'll be in town. This was the based on the rent. Thus, option (a) is correct.
I'm not sure how many months I'll be in town. The renting agent says I can leave with 30 days notice. This was the based on the rent. Thus, option (a) is correct.
What is rent?The term rent refers to the based on the deal with the landlord and tenant's. The landlord was the received the payment on the behalf of the give the property was the used.
It fits my budget, and I can get to school and work easily. This was the based on the rent.
The apartment is great! A bigger bath than I have at home. This was the based on the rent.
I did my homework on the landlord and found out he has a lot of complaints against him from former renters. This was the based on the not rent.
As a result, the significance of the sentence are rent or not rent are the aforementioned.
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If motorcycles have elastic demand, how would a small increase in price affect demand for motorcycles?
Answer:not much
Explanation:
If it's elastic then i switchs
Specialist (DMM) on the NYSE is quoting ABC stock as follows: $50.05 - $50.06 30 x 60 The Specialist/DMM receives an order via Super Display Book to buy 6,000 shares of ABC at the market. The Specialist/DMM will:
If the Specialist/DMM on the NYSE is quoting ABC stock as $50.05 - $50.06 30 x 60 and receives an order via Super Display Book to buy 6,000 shares of ABC at the market, the Specialist/DMM will execute the trade at the best available price.
In this case, since the order is to buy, the Specialist/DMM will sell shares to the buyer at the ask price of $50.06 until the order is filled. If there are not enough shares available at that price, the Specialist/DMM may have to sell additional shares at lower prices until the order is filled. The Super Display Book allows the Specialist/DMM to see all available orders and quotes on the stock, enabling them to execute trades efficiently and at the best possible price for both the buyer and seller.
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What did the large medical bill of $55,543 cover? What are three examples of health care expenses after surgery for appendicitis?
The large medical bill of $55,543 covered the surgery for appendicitis and the treatments received.
How does health insurance operate?A health insurance plan or policy pays a portion of the costs associated with hospital stays and doctor appointments. It exists to assist with reducing the expenses of medical occurrences, whether they are anticipated or unanticipated.
Depending on your age and income, the insurance provider will decide how much you will pay for your health insurance premium. In order to maintain your health and treat illnesses and accidents, health insurance is necessary. Having health insurance shields you and your family from financial hardships, which is only one of its many advantages.
Three examples of healthcare expenses after the surgery for appendicitis are the surgeon fees, the check-up cost, and the cost of hospital stay.
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what is the difference of communism and socialism?
organizational planning will be most beneficial when: group of answer choices the organization is small the market is stable the organization is a one-person operation the market is complex and unstable the market is simple with few competitors and products
Organizational planning will be most beneficial when D. the market is complex and unstable.
What is organizational planning ?Planning your organization is similar to plotting your company's course on a map. To remain competitive, you must be aware of your direction.
Organizational planning is how business owners set up a company's daily operations. This might include simple things like the rationale for the company's existence or more complicated things like creating goals to achieve a particular purpose. The organizational plan serves as a guide for developing tasks that, when completed, will help the business reach its objective.
Organizational planning is frequently utilized to boost a business's overall performance, but it can also be used to improve its personnel, finances, or goods. Because of this, there are many different sorts of organizational planning objectives, ranging from workforce development and financial planning to products, services, and expansion planning.
In conclusion, when the market is quite complex and unstable, this is when organizational planning is needed.
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which of the following are common sources of venture capital? i. private individuals ii. nasdaq iii. university endowment funds iv. insurance companies
a. i and ii only
b. iii and iv only
c. i, iii, and iv only
d. i, ii, and iv only
e. i, ii, iii, and iv
The common sources of venture capital are private individuals, university endowment funds, and insurance companies. Nasdaq, on the other hand, is not a source of venture capital but a stock exchange. , The correct answer is (c) i, iii, and iv only.
Private individuals, also known as angel investors, are wealthy individuals who provide funding for startups in exchange for equity ownership. They typically invest in the early stages of a business and provide both capital and expertise to help the business grow.
University endowment funds are funds set up by universities to support research and education. Some of these funds are also used to invest in startups and provide venture capital. These funds can be a valuable source of capital for startups that are involved in research and development or have strong ties to the academic community.
Insurance companies are also a common source of venture capital. These companies have a large pool of capital that they invest in a variety of assets, including startups. They typically invest in later stages of a business when there is a proven track record and a higher chance of success.
Therefore, the correct answer is (c) i, iii, and iv only.
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Managers are accountable to some stakeholders whose interests they represent. These
stakeholders are:
Customers
Employees
Owners
Shareholders
Society
Government
1. Conduct a research to explain how is management responsible to EACH of these stakeholders. [18 marks]
pls help me
Answer:
see explanation
Explanation:
Stakeholder is anyone interest in the operation of a company or affected by the decision of the company.
Each stakeholder has its own interest and this is listed below :
Customers
They expect to receive value for money out of the firm products or services.
Employees
They are looking up to management for better remuneration for their manpower.
Owners
They seeking a maximum return from their investment in the company. Management run the company on their behalf as stewards.
Shareholders
They also seek maximum return from their investment in the company.
Society
The community expects the company to be a good corporate citizen and improve the social factors of employment, sustainability and environmental issues
Government
The government expects the company to be tax compliant and to pay its dues on time.
can someone please answer these
Answer: They will be losing money because there company borrowed 25,000$ and lost about 7-8%
Explanation:
can someone help me? got till the end of the day :/
Answer:
A
Explanation:
minimum amount of radiant lighting required by code for a space is called
The minimum amount of radiant lighting required by code for a space is known as the code-mandated minimum illuminance level. In building codes and lighting standards, there are specific guidelines and requirements for the minimum amount of lighting needed in different spaces.
This is to ensure adequate visibility, safety, and comfort for occupants. The minimum illuminance level is the term used to describe the amount of radiant lighting required in a given space. Illuminance is measured in lux (lx), which represents the amount of light reaching a surface area. The code-mandated minimum illuminance level specifies the minimum lux value that should be achieved in a space. Different spaces may have different requirements based on their functions and activities. For example, areas like offices, classrooms, or retail stores typically have higher illuminance requirements compared to corridors or storage rooms.
These requirements are usually determined by lighting professionals and are based on factors such as the tasks performed in the space, the age group of occupants, and any specific visual needs. Compliance with the code-mandated minimum illuminance level ensures that spaces are adequately lit to support the intended activities and meet safety standards.
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what makes recession and recover different?
The thing that makes recession and recover different is that Economic recovery serves as the business cycle stage which do follow recession .
What is recession and recovery?Recession and recovery can be described as the economuic terms that is been used by the ecconomist whereby the recession can be seen as the period of economic meltdown where there is usually a high inflation of goods as well as services.
It should be noted that the recovery period do follow the reccession which can be described as the sustained period of improving business activity that can happen in a country.
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During its first year of operations ending on December 31, 2016, the Dakota Company reported pretax accounting income of $600,000. The only difference between taxable income and accounting income was $80,000 of accrued warranty costs. These warranty costs are expected to be paid as follows:
2016 $0 30%
2017 $60,000- 35%
2018 $20,000- 40%
Assuming an income tax rate of 30% in 2016, what amount of income tax expense should Dakota report on its 2016 income statement?
a. 180,000
b. 185,000
c. 204,000
d. 175,000
During its first year of operations ending on December 31, 2016, the Dakota Company reported pretax accounting income of $600,000. The only difference between taxable income and accounting income was $80,000 of accrued warranty costs. These warranty costs are expected to be paid as follows:2016 $0 30%2017 $60,000- 35%2018 $20,000- 40%
Assuming an income tax rate of 30% in 2016, the amount of income tax expense that Dakota should report on its 2016 income statement is as follows:-
Taxable income is calculated by taking accounting income and subtracting any adjustments to determine taxable income.Taxable income = Accounting income − Adjustments Therefore, the taxable income of the Dakota Company is $600,000 − $80,000 = $520,000 The tax rate is 30%. Therefore, income tax expense = Taxable income × Tax rate= $520,000 × 0.30= $156,000 Hence, Dakota should report $156,000 of income tax expense on its 2016 income statement. Therefore correct answer is 180,000, therefore option a is correct option.
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Which describes a component of a business plan that describes the ways in which a business will make money?
key metrics
unique value proposition
executive summary
revenue streams
The executive summary is the ways in which a business will make money.
An executive summary (or control summary) is a short record or phase of a film produced for commercial enterprise functions. It summarizes a longer document or notion or a collection of associated reports in this type of manner that readers can unexpectedly turn out to be familiar with a massive body of fabric while not having to study all of it. It usually contains a brief statement of the problem or idea covered inside the foremost record(s), background statistics, concise analysis, and principal conclusions. it's far meant as an aid to selection-making through managers and has been defined as the maximum essential part of a marketing strategy.
An executive summary was turned into formerly known as a summary. It differs from an abstract in that a summary will normally be shorter and is normally meant as an outline or orientation as opposed to being a condensed model of the entire record. Abstracts are substantially used in educational studies wherein the idea of the executive summary isn't in commonplace usage.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
What is meant by a 'brand'
Answer:
A brand is a name given to a product and/or service such that it takes on an identity by itself.
Eliza Conner owns a small clothing boutique. Eliza uses her personal checking account for both business and personal needs. How would you convince Eliza that she should open a separate
bank account for her business?
Answer:
1. It will cause them confusion throughout the tax calculating process.
2. Using a single account will make it difficult to keep payroll records.
3. Keep track of your personal expenses and earnings.
Explanation:
1. It is preferable to establish a separate account to separate the firm's actual income and expenses.
2. Payroll expenses are indistinguishable from personal expenses.
3. This allows you to cross-check bank and hand-made documents for income and expenses. Because cash transactions may not be recorded in the bank account, the entrepreneur should preserve receipts in order to compute revenue and expenses, which may result in erroneous financial statements.
What might be your strong points being an applicant why you assume that you will be getting the position you wanted to apply?
Brainliest will be given if answered correctly
Answer:
At some point during the interview process, you may be asked to describe your personal strengths and weaknesses. Many job candidates are unsure how to approach this question. However, by establishing the appropriate context, you can give hiring managers an honest, thoughtful answer that highlights both your self-awareness and professionalism.
Preparing ahead of time for this question is a valuable use of your time before the interview. Even if you aren’t asked about your strengths and weaknesses specifically, scripting out your response to this common question will give you a candid yet compelling description of what you bring to the table and how you wish to grow in the future. With these talking points at the ready, you’ll be able to confidently answer man
What Are Your Greatest Weaknesses?” Example
You may be asked about your strengths and weaknesses in one question or you may be asked about them in two separate questions. In the event that you are asked about strengths and weaknesses at the same time, discuss your weaknesses first so that you can end on a positive note.
When addressing your weaknesses, draw upon examples relating to either skills/habits or personality traits. You may want to choose which to focus on depending on the type of job you’re interviewing for. For example, discussing a skill/habit may be highly relevant for a technical position. For a sales or customer service role, your interviewer may be more interested in hearing about your personality traits. Neither choice is strictly wrong or right. Reread the job description for clues on what may matter most for this specific role.
The formula for your answer is easy to follow. First, state your weakness. Second, add additional context and a specific example or story of how this trait has emerged in your professional life. That context will give potential employers insight into your level of self-awareness and commitment to professional growth. In the example answers below, you’ll see the weakness followed by context sentences in italics.
Heidi thought she had done everything right to prepare for her math test. She had studied over the last week instead of waiting till the last minute. She got eight hours of sleep, woke up early, and ate a nutritious breakfast. She got to her seat in class early with the materials she would need for the test. However, as the teacher began handing out the test, she panicked.
What could help Heidi reduce her test anxiety?
use flash cards to study for the test
eat something sugary for energy
do visualization and deep breathing
see herself doing poorly on the test
Answer:
C. do visualization and deep breathing
Explanation:
Edge 2021
Deep breathing and visualization is regarded as a proven method for the purpose of relaxation from the panic situations, and this must be done by Heidi to reduce her anxiety.
What are panic situations?The situations that may bring anxiousness in the regular course of life for a person are regarded as panic situations. This may happen on important occasion in the respective lives of people.
To get relaxed from the anxiety of such situations, like the math test of Heidi in the given example, she must practice deep breaths and visualize whatever her preparations have been for the test.
Hence, option C; Heidi shall practice things like deep breathing and visualization to get out of the anxiety she got in the panic situations of her math test.
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Jurassic Jumpers Co. (JJ Co.) offers bungee jumping for those looking for an extreme outing. JJ Co. prepares annual financial statements and has a December 31,2023 year-end. 0. On April 1, 2023, Jj Co, took out a five-year, $960,000 bank loan with an interest fate of 3%. Interest expense is paid on the first day of each month. b. On July 1, 2023, JJ Co. Issued a two-year, $69.250 Note Receivable with an interest rate of 4%. Interest income will be collected on January 1 and July 1 of each yeat. c. On December 15, 2023, JJ Co. took a university student club bungee jumping for $4,850. The student club was involced on December 31,2023 and paid J J Co. on January 15,2024 Required: Record the adjusting journal entiles at December 31,2023.
1. Interest Expense (Income Statement) $7,200 Interest Payable (Balance Sheet) $7,200 ,2. Interest Receivable (Balance Sheet) $1,385 Interest Income (Income Statement) $1,385 , 3. Unearned Revenue (Liability, Balance Sheet) $4,850 Bungee Jumping Revenue (Income Statement) $4,850. These adjusting entries ensure that the financial statements reflect the appropriate recognition of interest expense, interest income, and unearned revenue at the end of the accounting period.
To record the adjusting journal entries at December 31, 2023, we need to consider the following:
a. Accrued Interest Expense on the Bank Loan: As of December 31, 2023, three months' interest expense on the bank loan is accrued (from October 1 to December 31). The interest rate is 3%, and the loan amount is $960,000. Therefore, the calculation for accrued interest expense is as follows: Accrued Interest Expense = ($960,000 × 3% × 3/12) = $7,200.
The adjusting journal entry for accrued interest expense would be: Interest Expense (Income Statement) $7,200 Interest Payable (Balance Sheet) $7,200
b. Accrued Interest Income on the Note Receivable: As of December 31, 2023, six months' interest income on the note receivable is accrued (from July 1 to December 31). The interest rate is 4%, and the note receivable amount is $69,250. Therefore, the calculation for accrued interest income is as follows: Accrued Interest Income = ($69,250 × 4% × 6/12) = $1,385.
The adjusting journal entry for accrued interest income would be: Interest Receivable (Balance Sheet) $1,385 Interest Income (Income Statement) $1,385
c. Unearned Revenue for Bungee Jumping Service: JJ Co. received $4,850 on December 15, 2023, for bungee jumping services to the university student club. As of December 31, 2023, the services were not yet provided. Therefore, the amount received needs to be recorded as unearned revenue.
The adjusting journal entry for unearned revenue would be: Unearned Revenue (Liability, Balance Sheet) $4,850 Bungee Jumping Revenue (Income Statement) $4,850
In summary, the adjusting journal entries at December 31, 2023, would be as follows:
1. Interest Expense (Income Statement) $7,200 Interest Payable (Balance Sheet) $7,200
2. Interest Receivable (Balance Sheet) $1,385 Interest Income (Income Statement) $1,385
3. Unearned Revenue (Liability, Balance Sheet) $4,850 Bungee Jumping Revenue (Income Statement) $4,850
These adjusting entries ensure that the financial statements reflect the appropriate recognition of interest expense, interest income, and unearned revenue at the end of the accounting period.
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Based on what we discussed about interest rates, which of the following will likely charge the highest interest rate on a loan?
Credit Union
Payday Lender
Bank
Charity
The highest interest rate on a loan will likely charge the Credit Union, it is the financial institution. Option A is correct.
What is a Credit Union?A credit union is a member-owned nonprofit financial cooperative that functions similarly to a commercial bank.
Credit unions offer similar services to merchandising banks to their members, such as deposit accounts, credit, and some other financial services.
The Credit Union will most probable be shooting down the highest interest rate on a loan.
Therefore, option A is correct.
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Al must build 25 radios before he receives $20. What schedule of reinforcement is being used?.
Al won't get $20 until he builds 25 radios. There is a fixed-ratio reinforcement schedule in place.
What exactly is fixed-ratio reinforcement?A fixed-ratio schedule is a reinforcement schedule in operant conditioning in which a response is reinforced only after a certain number of responses. Essentially, the subject provides a predetermined number of responses, after which the trainer provides a reward.
A fixed-ratio schedule has the advantage of producing a high, consistent rate of response with only a brief pause after the delivery of the reinforcer. By looking at it, you can understand what the term "fixed-ratio reinforcement schedule" means.
The term "fixed" refers to the regular distribution of rewards. The number of responses required to receive reinforcement is referred to as the "ratio."
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Each account that is used can be classified as an asset. True or False
Answer: I believe your answer will be TRUE.
Union leaders at the Atlantic Corporation are furious. Although the union is certified by the NLRB, its negotiating team has had little success in getting management to meet with them to work on a new labor contract. In fact, during the last three months, the management team has agreed to meet only twice, once on a weekend, and the other time after 8:00 p.m. Even during those two meetings, the management team was unwilling to offer serious proposals. Atlantic’s management team should review the legal rights of union members to participate in collective bargaining, as provided under the
Multiple Choice
Taft-Harley Act.
Norris LaGuardia Act.
Wagner Act.
Landrum-Griffin Act.
Based on the situation described, Atlantic Corporation's management team should review the legal rights of union members to participate in collective bargaining, as provided under the Wagner Act.
The Wagner Act, also known as the National Labor Relations Act (NLRA), was enacted in 1935 and is a fundamental labor law in the United States. It guarantees employees' rights to organize, form, and join labor unions and engage in collective bargaining with their employers.
The act aims to protect workers' rights to collectively negotiate the terms and conditions of their employment, including wages, working hours, and other employment benefits. It also prohibits employers from interfering, restraining, or coercing employees in the exercise of these rights.
Under the Wagner Act, employers are required to engage in good faith bargaining with the certified union and meet at reasonable times to negotiate a labor contract. Failing to do so could be considered an unfair labor practice.
In the given scenario, where the management team has been reluctant to meet with the union negotiating team and has not made serious proposals, it may be necessary for the union to file a complaint with the National Labor Relations Board (NLRB) to address the unfair labor practices.
It is important for both the management team and the union to understand and abide by the rights and obligations provided under the Wagner Act to foster a fair and constructive bargaining process.
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Which component of table setting includes knives?
O A.
lunchware
OB.
flatware
O C.
steelware
OD.
dinnerware
O E.
drinkware
Answer:
Steelware I think
Explanation:
on january 1, 2022, woodstock, inc. purchased a machine costing $40,000. woodstock also paid $1,000 for transportation and installation. the expected useful life of the machine is 6 years and the residual value is $5,000. how much is the annual depreciation expense assuming use of the straight-line depreciation method?
a. $6,100.
b. $6,000.
c. $5,950.
d. $5,750.
The annual depreciation expense assuming the use of the straight-line depreciation method is $6,000. Option B.
Calculation:
Annual depreciation under SLM:
= (Asset cost-Salvage value) + Useful life of the asset
= ($40,000+$1,000 - $5,000)/6
= $36,000/6
= $6,000
Residual value, also called residual value, is the estimated value of an item of property, plant, and equipment at the end of the lease term or useful life. In a leasing situation, the lessor uses the residual value as one of the primary ways to determine how much the lessee will pay in regular lease payments. Residual value is one of the components of a lease calculation or transaction.
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which of the following are examples of tailgating? select two. a. a food delivery person asks you to hold the door open on your way out of the building. b. a visitor uses a badge to enter into the building right behind you. c. a delivery driver signs into the guest logbook and receives a guest pass to be allowed into the building. d. a person claiming to be an employee grabs the door before it closes to enter the building when you exit.
One of the most popular tailgating strategies is just following someone else through a door, generally because a staff holds the door open for the person behind them.
What does a tailgating assault look like?Simple techniques like claiming to be a reputable third-party vendor or employee in order to obtain security cards and hold open doors are the most popular tailgating strategies.Attacks that include tailgating allow the attacker to enter a space without permission by following an unknowing user.As opposed to this, in a piggybacking attack, a current or former employee willfully grants illegal access to a secured area as part of a larger coordinated effort. To stop tailgating, though, you can use the "3-second rule."When the vehicle in front passes a specific point, like a traffic sign, the driver using this method starts counting (at intervals of one second).A driver is following too closely if they pass the same location before the countdown timer finishes.To learn more about tailgating refer
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Answer: d. a person claiming to be an employee grabs the door before it closes to enter the building when you exit.
Explanation: hope this helps!
on july 1, 2016, the foster company sold inventory to the slate corporation for $430,000. terms of the sale called for a down payment of $107,500 and three annual installments of $107,500 due on each july 1, beginning july 1, 2017. each installment also will include interest on the unpaid balance applying an appropriate interest rate. the inventory cost foster $193,500. the company uses the perpetual inventory system. required: 1. compute the amount of gross profit to be recognized from the installment sale in 2016, 2017, 2018, and 2019 if revenue was recognized upon delivery. ignore interest charges. 2. compute the amount of gross profit to be recognized from the installment sale in 2016, 2017, 2018, and 2019, applying the installment sales method. ignore interest charges. 3. compute the amount of gross profit to be recognized from the installment sale in 2016, 2017, 2018, and 2019, applying the cost recovery method. ignore interest charges.
The choice of revenue recognition method can significantly impact the amount and timing of gross profit recognition in installment sales. Companies should carefully consider which method to use and disclose their choice in their financial statements.
Under the revenue recognition upon delivery method, gross profit is recognized at the time of sale. In this case, since the sale occurred on July 1, 2016, the gross profit recognized in that year would be the selling price ($430,000) minus the cost of inventory ($193,500), which is $236,500. In subsequent years, there is no additional gross profit recognized since revenue was already recognized upon delivery.
Under the installment sales method, gross profit is recognized proportionately over the collection period. This means that the gross profit for each year is determined by multiplying the gross profit percentage by the cash collected during that year. The gross profit percentage is computed by dividing the total expected gross profit by the total expected revenue. In this case, the expected gross profit is $236,500 and the expected revenue is $430,000. Therefore, the gross profit percentage is 55%. Using this percentage, the gross profit recognized in each year would be 2016 - $130,075, 2017 - $68,891, 2018 - $68,891, and 2019 - $68,891.
Under the cost recovery method, no gross profit is recognized until the cost of the inventory has been fully recovered. This means that the gross profit recognized each year would be equal to the amount of cash collected that exceeds the cost of inventory sold. Using this method, the gross profit recognized in each year would be 2016 - $0, 2017 - $36,000, 2018 - $36,000, and 2019 - $36,000. The full cost of inventory would be recovered at the end of the third year, and any additional cash collected in that year would be recognized as gross profit.
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Describe the three different ways the argument section of a cover letter can be formatted.
Answer:
i think they are personal, formal and informal
Explanation:
im not sure but i think thats it
The three different ways for formatting the argument section of a cover letter are paragraphs, bullet points, and T-form.
The formal paragraph format uses the block paragraphs ideal for a business letter, wherein the argument of the cover letter is presented in the second and third paragraphs in complete sentences.
The bullet points format lists the argument of the cover letter as bulleted points instead of in paragraph form. Using bullet points focuses on the applicant's qualifications, making them attractive to the reader.
Lastly, the argument section of the cover letter can be presented in a T-form. This format enables the applicant to compare the requirements of the vacancy notice with their qualifications.
Thus, the argument section of a cover letter can be formatted uniquely, depending on the occasion and the reader.
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Select the correct answer.
Sandra is about to start a small business in her area. She is creating a business plan after carrying out extensive research. She is currently creating projected balance sheets and income statements that could be useful to potential investors. Under which section of the business plan should Sandra place these records?
A.
business description
B.
financial analysis
C.
marketing strategy
D.
sales forecast
E.
exit strategy
Answer:
Financial Analysis
Explanation:
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