Answer:
customer satisfaction with project deliverables
Explanation:
Since 2010, the UK government has made some progress in reducing the budget deficit by implementing a tight fiscal policy. The deficit has fallen from 9.9 % of GDP (post war) to almost 2% of GDP in 2017-18. Using an appropriate diagram, evaluate the effects of pursuing such a policy on other macro-economic objectives.
Implementing a tight fiscal policy, aimed at reducing the budget deficit, can have various effects on other macroeconomic objectives. Let's consider some of these effects using an appropriate diagram.
One of the macroeconomic objectives affected by fiscal policy is economic growth. Tight fiscal policy, characterized by reduced government spending and higher taxes, can potentially slow down economic growth in the short run. This is because reduced government spending directly decreases aggregate demand, which can lead to lower levels of output and employment. In the diagram, this would be represented by a leftward shift of the aggregate demand curve (AD).
Additionally, tight fiscal policy can also have implications for inflation. If the reduction in government spending and higher taxes lead to a significant decrease in aggregate demand, it can put downward pressure on prices. This can result in lower inflation rates. In the diagram, this would be depicted by a leftward shift of the aggregate demand curve (AD), leading to a lower price level.
Another macroeconomic objective affected by fiscal policy is unemployment. As mentioned earlier, tight fiscal policy can potentially slow down economic growth, which may result in higher unemployment rates in the short run. The decrease in government spending can directly impact sectors that heavily rely on government contracts or funding, leading to job losses. In the diagram, this would be illustrated by a decrease in employment levels, shifting the economy away from full employment.
However, it is important to note that the long-term effects of tight fiscal policy can differ. By reducing the budget deficit, the government can restore confidence in the economy, leading to lower interest rates and increased private investment. This can potentially stimulate economic growth and create new job opportunities in the long run. In the diagram, this would be represented by an increase in investment and a rightward shift of the aggregate demand curve (AD).
Overall, the effects of pursuing a tight fiscal policy on other macroeconomic objectives depend on various factors, including the size of the fiscal adjustment, the state of the economy, and the responsiveness of other sectors to changes in government spending. It is crucial for policymakers to carefully evaluate these effects and strike a balance between reducing the budget deficit and promoting sustainable economic growth and employment.
Note: The diagram referred to in the response is a standard aggregate demand and aggregate supply (AD-AS) diagram used to analyze macroeconomic relationships.
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What country borders the caspian sea, the persian gulf, and the gulf of oman?.
Iran, is the country that borders the Caspian sea, the Persian gulf, and the gulf of Oman.
Which countries lie along the Caspian sea, the Persian gulf and the gulf of Oman?Iran country lies in the Middle-East of the Iraq and Pakistan, that borders the Caspian sea, the Persian gulf, and the gulf of Oman.
The inland sea is connected to the Gulf of Oman from the East and the countries that lie along the Persian Gulf and the Gulf of Oman are Oman, Iraq, Kuwait, Saudi Arabia, etc.
Strait of Hormuz connects the the Persian Gulf to the Arabian Sea.
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What are the 3 types of savings accounts?
Regular deposit, money market, and Certificate of Deposit Accounts are the 3 types of savings accounts. Thus option A is correct.
What are savings accounts?An interest-bearing deposit checking account known as a savings account enables you to keep money safely. A profile in a financial company is a bank account. Common characteristics include having a fixed quantity of payments allowed, not having check or connected debit card services, having few remittance choices, and not being able to become overdrawn.
Regular deposits, money markets, and CDs seem to be the three most popular forms of savings accounts. Regarding accessibility as well as the level of interest, everyone of them functions slightly differently. In addition to these institutions, there are numerous other ways to save money. Knowing which one is ideal for your requirements can be complicated.
Therefore, option A is the correct option.
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When an account payable is paid off in full, an entry is journalized that credits
which account?
O A. Accounts Payable
B. Accounts Receivable
C. Cash
D. Income
Answer:
B
Explanation:
you can be arrested for not stopping when the vehicle performing a stop is a marked law enforcement vehicle. True or False?
This statement is True, you can be arrested for not stopping when the vehicle performing a stop is a marked law enforcement vehicle.
Law enforcement is the hobby of some contributors of government who act in an organized manner to put in force the law with the aid of discovering, deterring, rehabilitating, or punishing folks that violate the regulations and norms governing that society. The term encompasses police, courts, and corrections. those 3 components might also operate independently of every other or collectively, via the use of report sharing and mutual cooperation.
The idea of regulation enforcement dates returned to ancient instances, and varieties of regulation enforcement and police have existed in diverse bureaucracies across many human societies. modern-day state felony codes use the term peace officer, or regulation enforcement officer, to consist of all people vested with the aid of the legislating kingdom with police power or authority; traditionally, every person sworn or badged, who can arrest any man or woman for a violation of crook law, is covered under the umbrella time period of law enforcement.
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Which defines room and board?
O housing and meals that are often provided at additional cost
O monetary support that is used to help pay educational costs
O an educational institution or establishment, in particular one providing higher education
O a school that provides training in a specific skill or trade
Room and board are defined as educational institutions or establishments, particularly ones providing higher education. Thus the correct option is C.
What is the definition?A definition of any word is a detailed description defining the accurate meaning to the reader in order to gain information and understand the meaning to utilize in vocabulary and used in any sentence.
Education and knowledge are not equivalent. Education is the means by which you acquire knowledge, which is what you already know. Knowledge is any truth or piece of information that you can retain and apply. We discover new things through education.
Therefore, option C is appropriate.
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1. Which defines room and board?
housing and meals that are often provided at additional cost
2. What is the definition of a college?
an educational institution or establishment, in particular one providing higher education
3. Which describes financial aid?
monetary support that is used to help pay educational costs
4. Which defines continuing education?
the formal classes that focus on a specific area of study, not usually taken for credit
5. What is post-secondary education?
the education level that follows the successful completion of high school
4/20/2023Which of the following techniques helps you make your speech about people during a presentation?
A. Reading from your slides and letting the audience interpret them
B. Introducing colleagues and referring to them by name during your presentation
C. Engaging in frequent name-dropping
D. Using a lot of "I" statements
E. Avoiding using the names of people present in your audience
Introducing colleagues and referring to them by name during your presentation helps you make your speech about people during a presentation. Option B is the correct answer.
Public speaking and presentation abilities come in extremely handy in many facets of job and life. In business, sales and marketing, training, teaching, lecturing, and just feeling comfortable speaking to a group of people, effective presentations and public speaking abilities are crucial. Option B is the correct answer.
For self-improvement and social circumstances, it is also very beneficial to build the confidence and skill to deliver effective presentations and talk confidently in front of an audience. Anyone can give a strong presentation or conduct public speaking to a professional and outstanding degree. Presentation skills and public speaking talents are not just confined to specific unique people. This involves preparation and practice, like other specialties.
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Hector, a manager at Roseland Corp., recently illustrated __________ by promoting two employees because their performance had greatly improved.
Hector, a manager at Roseland Corp., recently illustrated positive reinforcement by promoting two employees.
What is positive reinforcement?Positive reinforcement can be defined as the way of rewarding someone by making use of reinforcer as this will help to encourage the person to keep putting in their best in what they do.
The manager use using positive reinforcement on his employee by promoting them because they perform well on their job. Doing this will encourage the employee to more productive.
Therefore, the manager at Roseland Corp., recently illustrated positive reinforcement by promoting two employees.
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Harold wants to find all order numbers in his database that begin with “01” and replace them with “02.” He places his cursor in the “OrderNumber” field and opens the “Find Dialog” box. Which steps would most quickly accomplish this task?
On the Find tab, enter “01” for “Find What,” go to Replace tab, enter “02,” and click “Replace.” Continue to the next record and repeat.
On the Replace tab, enter “01” to search, “02” to replace, and click “Replace All” to change all the order numbers that start with “01.”
On the Find tab, enter “01” for “Find What,” go to Edit tab, enter “02,” and click “Edit.” Continue to the next record and repeat.
On the Replace tab, enter “01” to search, “02” to replace, and click “Change All” to change all the order numbers that start with “01.”
Answer:
D.
Explanation:
Choosing the higher education institution with the cheapest sticker price
might be a bad idea because
A.)sticker prices always have hidden costs which may increase the overall costs
B.)cheaper schools usually charge more for housing which is not a part of a
sticker price
C.)cheaper schools usually will not allow you to apply for financial aid
D.)more expensive schools may be cheaper once the net cost has been
determined
Answer: D. more expensive schools may be cheaper once the net cost has been determined
Explanation:
Choosing the higher education institution with the cheapest sticker price might be a bad idea because more expensive schools may be cheaper once the net cost has been determined.
It should be noted that sticker prices with regards to higher education scan sometimes give false information about the fees which will be eventually be paid. This is because one ma eventually find out that the total fees that were paid in the assumed cheaper school may be more than the expensive school once the net cost has been calculated and determined.
In order for one to be able to make a thorough decision on one's choice of school, higher institutions should provide better and more detailed information regarding the amount that students will pay in their schools net of grants or maybe scholarships.
The higher education institution and the sticker price are directly related to each other higher the education system higher will be the sticker price that is the total cost of the yearly tuition, books, room rents, and other fees that are charged within the institutions.
Choosing the higher education and the cheaper sticker price is a bad idea because:
Option D. more expensive schools may be cheaper once the net cost has been determined.
The higher education and cheaper sticker price are bad because the sticker prices quoted about the fees sometimes gives false information that will be eventually paid in the future once the net cost has been calculated and determined.
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mdn inc. is considering two employees for the job of senior manager. an internal candidate, julie, has been with mdn for 12 years and received very good performance evaluations. the other candidate, raoul, works for a competitor, and has valuable experience in the product market into which mdn wishes to expand. do you think mdn has an obligation to hire julie? why or why not?
Yes, MDN Inc. has an obligation to consider Julie for the job of senior manager.
With 12 years of experience at MDN, Julie has a long history with the company and a track record of excellent performance evaluations. She is a valued member of the team and her loyalty to MDN should be rewarded.
On the other hand, Raoul has valuable experience in the product market which MDN wishes to expand into. This could give MDN a competitive edge, but it would be short-sighted to discount the loyalty and service of Julie in favor of Raoul’s experience.
In conclusion, MDN Inc. should make a conscientious effort to consider both Julie and Raoul for the job of senior manager. Julie’s loyalty and proven record of performance should be weighed against Raoul’s experience in the product market. Ultimately, MDN’s obligation is to make the best decision for the company.
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The five main areas of finance are corporate finance, _____, financial institutions, international finance, and fintech.
Answer:
INVESTMENTS is the answer.
The major areas of the finance are corporate finance, investment, financial institutions, international finance, and fintech.
What is Investment?Investment refers to the amount invested by the individual over any business or shares, bonds etc. It is done in order to generate more income.
Corporate finance, investment, financial institutions, international finance, and fintech are the main sub fields of finance.
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Andy, 68, has a gross estate currently valued at $2,500,000 that consists primarily of highly appreciated growth securities. Within the last six months, andy transferred $500,000 worth of these securities to his wife, harriet. His cost in these securities was $200,000. Harriet recently died. The fair market value of the transferred securities at the time of her death was $500,000. The securities passed to andy under the terms of harriet's will
If his cost in these securities was $200,000 and the fair market value of the transferred securities at the time of her death was $500,000. The income tax implication of the transfer of stock is $200,000.
Transfer of stockSince we were told his cost in the securities was the amount of $200,000 which means that basis the Harriet that received from the lifetime gift from Andy will be the same basis as that of Andy.
The reason why the basis will be the same is because Harriet died and did not live for more than a year, which in turn means that property is a basis since the property does not qualify as a reverse gift. Hence the basis will be the amount of $200,000.
Therefore If his cost in these securities was $200,000 and the fair market value of the transferred securities at the time of her death was $500,000. The income tax implication of the transfer of stock is $200,000.
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The complete question is:
Andy, age 68, has a gross estate currently valued at $2,500,000 that consists primarily of highly appreciated growth securities. Within the last six months, Andy transferred $500,000 worth of these securities to his wife, Harriet. His cost in these securities was $200,000. Harriet recently died. The fair market value of the transferred securities at the time of her death was $500,000. The securities passed to Andy under the terms of Harriet's will.
Which one is an income tax implication of the transfer of stock?
Search engines generate revenue through pay-per-click (each time a user clicks a link to a retailer’s website); pay-per-call (each time a user clicks a link that takes the user to an online agent waiting for a call); or pay-per-conversion (each time a website visitor is converted to a customer)
Answer:
pay-per-click (each time a user clicks a link to a retailer’s website).
Explanation:
Pay-per-click is the cost stipulated by online survey platforms for each click on a sponsored ad.
Popularized by Google AdWords, this is one of the most used metrics for digital marketing, mainly because of the ease of having measurable digital advertising efforts.
The great advantages of this metric is the possibility of measuring and monitoring the number of users who will click on your link, making it more effective to analyze the impact that your business media has on people.
Gracie Art Gallery has total assets of $263,450, net working capital of $28,523, owners' equity of $128,659, and long-term debt of $105,000 What is the value of the current assets?
Question 20 options:
$85,413
$31,314
$63,595
$79,628
$105,000
To find the value of current assets, we need to use the formula:
Current Assets = Net Working Capital + Current Liabilities
We are not given the value of current liabilities directly, but we can calculate it using the formula:
Total Assets = Current Assets + Fixed Assets
Rearranging the formula, we get:
Current Assets = Total Assets - Fixed Assets
We are given that:
Total Assets = $263,450
Owners' Equity = $128,659
Long-Term Debt = $105,000
Using the formula for Total Assets, we get:
Fixed Assets = Total Assets - Current Assets
Fixed Assets = $263,450 - Current Assets
We are not given the value of Current Assets, but we can use the formula for Owners' Equity:
Owners' Equity = Total Assets - Total Liabilities
Rearranging the formula, we get:
Total Liabilities = Total Assets - Owners' Equity
Total Liabilities = $263,450 - $128,659
Total Liabilities = $134,791
We know that Long-Term Debt is a part of Total Liabilities, so we can calculate Current Liabilities as:
Current Liabilities = Total Liabilities - Long-Term Debt
Current Liabilities = $134,791 - $105,000
Current Liabilities = $29,791
Now we can use the formula for Current Assets:
Current Assets = Net Working Capital + Current Liabilities
Current Assets = $28,523 + $29,791
Current Assets = $58,314
Finally, we can use the formula for Fixed Assets to find their value:
Fixed Assets = Total Assets - Current Assets
Fixed Assets = $263,450 - $58,314
Fixed Assets = $205,136
Therefore, the value of current assets is $58,314.
Answer: $58,314
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antonio corp. acquired a portfolio of marketable equity securities that it does not intend to sell in the near term. antonio elects the fair value option for reporting its financial assets. how should antonio classify these securities, and how should it report unrealized gains and losses?
These securities should be categorised as trading securities, and Antonio should include unrealized profits and losses in the income statement.
The tradable equity securities ought to be categorised as trading securities by Antonio Corp. Unrealized profits and losses must be included in the current period's earnings report. This implies that any modifications to the fair value of these securities will be recorded in the income statement, which may cause earnings to fluctuate. If you choose the fair value option, even if you don't sell the securities, changes to their fair value will be recorded in the income statement. When businesses desire to avoid the complexity of the available-for-sale reporting approach, they frequently employ this reporting methodology.
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Morse is a 50% partner in Ecco Partnership. Morse's tax basis in Ecco on January 2 was $4,000. Ecco did not have unrealized receivables, appreciated inventory, or properties that had been contributed by its partners. On December 31, Ecco made an $11,000 nonliquidating cash distribution to Morse. For the year, Ecco reported $10,000 of ordinary business income. What is the amount of the net capital gain realized by Morse from the cash distribution
Answer:
$2,000
Explanation:
Calculation for the amount of the net capital gain realized by Morse from the cash distribution
First step is to calculate the basis prior to the distribution
Basis prior to the distribution=[$4,000+(50%* $10,000)]
Basis prior to the distribution=$4,000+$5,000
Basis prior to the distribution=$9,000
Now let calculate net capital gain realized by Morse from the cash distribution
Net capital gain realized from cash distribution=($9,000-$11,000)
Net capital gain realized from cash distribution=$2,000
Therefore the amount of the net capital gain realized by Morse from the cash distribution will be $2,000
A person who is a good employee of a multinational company means that he is fit to be an entrepreneur. TRUE or FALSE
the optimal strategy for functional products is to use a responsive supply chain.
a. true
b. false
The answer is a. true. Functional products are typically characterized by stable demand and low product variety. Therefore, using a responsive supply chain is optimal for meeting customer demand while minimizing inventory costs and avoiding stockouts.
A responsive supply chain is one that can quickly adapt to changes in customer demand and market conditions by rapidly adjusting production and inventory levels. This requires close coordination and communication between suppliers, manufacturers, and distributors, as well as the use of advanced planning and forecasting tools. By using a responsive supply chain, functional product companies can improve customer satisfaction, increase efficiency, and reduce costs. In contrast, a traditional, less flexible supply chain may lead to excess inventory, longer lead times, and lost sales opportunities.
The optimal strategy for functional products is to use an efficient supply chain rather than a responsive supply chain.
Functional products typically have stable and predictable demand, low variety, and long life cycles. Efficient supply chains are designed to minimize cost while maintaining satisfactory service levels. This is achieved by focusing on economies of scale, long production runs, and minimizing inventory levels. In contrast, responsive supply chains prioritize speed, flexibility, and adaptability, which are essential for managing the high variety and short life cycles of innovative products.
To summarize, functional products benefit from efficient supply chains due to their stable demand and low variety, while innovative products with uncertain demand and short life cycles require responsive supply chains for effective management.
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.Visit the website of one of your favourite brands. Think about who their target segment(s) is and
explain why you think this. Then try to outline the company’s marketing mix.
Marketing mix- Apple is a prime example of a well-known brand. Apple typically caters to tech-savvy people who value quality and design. They serve people who will pay more for high-quality goods.
Consider their target audience(s) and provide support for your assumptions.The product, price, place, and promotion strategies are all part of Apple's marketing mix. Apple's products are created to provide a seamless, simple-to-use user experience. The company bases its pricing strategy on the worth of its brand and the calibre of its goods. Although Apple's products are typically more expensive than those of its rivals, consumers are still willing to pay more for the superior quality and innovative designs of these products. Apple's place strategy calls for the company to sell its goods via authorised retailers, online retailers, and its own brick-and-mortar stores. Millennials and younger generations with an interest in technology and innovation make up their core demographic.
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Uncertainty avoidance
A. The extent to which people accept as normal an unequal distribution of power Power distance
B. Characterized by tight social frameworks in which people tend to base their identities on the group or organization to which they belong Collectivism
C. The extent to which people feel threatened by unknown situations and prefer to be in clear and unambiguous situations Masculinity
D. The extent to which the dominant values in a society emphasize aggressiveness and the acquisition of money and other possessions as opposed to concern for people, relationships among people, and overall quality of life
Chinese executives who come to work in the United States may slowly begin to act more like U.S. managers and less like Che managers
a. Culture
b. Cultural etiquette
c. Globalization
d. Internationalization
Answer:
Uncertainty avoidance
C. The extent to which people feel threatened by unknown situations and prefer to be in clear and unambiguous situations MasculinityUncertainty avoidance represents how societies or groups do not like to deal with uncertainty or ambiguous situation, i.e. the unknown. The higher the uncertainty avoidance, the lower the risks that a society or group is willing to take. Societies or groups with high uncertainty avoidance will develop strong cultures and norms, authority will be rarely questioned and people will follow established procedures and rules.
Chinese executives who come to work in the United States may slowly begin to act more like U.S. managers and less like Chinese managers
d. InternationalizationInternationalization takes place when individuals that migrate to other countries start losing their national cultural habits and start acting like the individuals of the country or countries that they move to. This process takes place when immigrants are assimilated by the new culture and they themselves /the immigrants) assimilate the new culture as their own or blend some aspects of the new culture with aspects of their national culture.
Which option identifies the marketing strategy demonstrated in the following scenario?
Department stores often have their own credit cards and mailings sent to card holders that offer incentives such as
percent discounts and early hour shopping days.
O product packaging
customer loyalty
O advertising
word-of-mouth
Answer: customer loyalty
Explanation:
Exercise 3-20A Record transactions and prepare adjusting entries, adjusted trial balance, financial statements, and closing entries (LO3-3, 3-4, 3-5, 3-6, 3-7) (GL)
On January 1, 2021, Red Flash Photography had the following balances: Cash, $20,000; Supplies, $8,800; Land, $68,000; Deferred Revenue, $5,800; Common Stock $58,000; and Retained Earnings, $33,000. During 2021, the company had the following transactions:
1. February 15 Issue additional shares of common stock, $28,000.
2. May 20 Provide services to customers for cash, $43,000, and on account, $38,000.
3. August 31 Pay salaries to employees for work in 2021, $31,000.
4. October 1 Purchase rental space for one year, $20,000.
5. November 17 Purchase supplies on account, $30,000.
6. December 30 Pay dividends, $2,800.
The following information is available on December 31, 2021:
Employees are owed an additional $4,800 in salaries.
Three months of the rental space has expired.
Supplies of $5,800 remain on hand.
All of the services associated with the beginning deferred revenue have been performed.
Requirement
General Journal
General Ledger
Trial Balance
Income Statement
Statement of SE
Balance Sheet
1. Record each of the transactions listed above in the 'General Journal' tab. Review the 'General Ledger' and the 'Trial Balance' tabs to see the effect of the transactions on the account balances.
2. Record the adjusting entries in the 'General Journal' tab.
3. Review the adjusted 'Trial Balance' as of December 31, 2021.
4. Prepare an income statement for the year ended December 31, 2021, in the 'Income Statement' tab.
5. Prepare the statement of Stockholder's Equity for the year ended December 31, 2021, in the 'Income Statement' tab.
6. Prepare a classified balance sheet as of December 31, 2021 in the 'Balance Sheet' tab.
7. Record the closing entries in the 'General Journal' tab.
Answer:
Red Flash Photography
1. General Journal
January 1, 2021:
Debit Cash, $20,000
Supplies, $8,800
Land, $68,000
Credit: Deferred Revenue, $5,800
Common Stock $58,000
Retained Earnings, $33,000
To record opening balances.
Feb. 15 Debit Cash $28,000
Credit Common Stock $28,000
To record additional shares issued.
May 20 Debit Cash, $43,000,
Debit Accounts receivable $38,000
Credit Service revenue $81,000
To record provision of services for cash and on account.
August 31 Debit Salaries Expense $31,000
Credit Cash $31,000
To record payment of salaries.
October 1 Debit Prepaid Rent $20,000
Credit Cash $20,000
To record prepayment of rent for one year.
November 17 Debit Supplies $30,000
Credit Accounts payable $30,000
To record the purchase of supplies on account.
December 30 Debit Dividends $2,800
Credit Cash $2,800
To record payment of cash dividends.
Analysis of Adjustments at December 31, 2021:
1. Debit Salaries Expense $4,800
Credit Salaries Payable $4,800
To accrue salaries.
2. Debit Rent Expense $5,000
Credit Prepaid Rent $5,000
To record rent expense for the year.
3. Debit Supplies Expense $33,800
Credit Supplies $33,800
To record supplies expense.
4. Debit Deferred Revenue $5,800
Credit Service Revenue $5,800
To record services performed.
3. Adjusted Trial Balance as of December 31, 2021
Account Titles Debit Credit
Cash $37,200
Accounts receivable 38,000
Supplies 5,000
Prepaid Rent 15,000
Land 68,000
Accounts Payable $30,000
Salaries Payable 4,800
Common Stock 86,000
Retained Earnings 33,000
Dividends 2,800
Service Revenue 86,800
Salaries Expense 35,800
Rent Expense 5,000
Supplies Expense 33,800
Totals $240,600 $240,600
4. Income Statement for the year ended December 31, 2021
Service Revenue $86,800
Salaries Expense 35,800
Rent Expense 5,000
Supplies Expense 33,800 $74,600
Net Income $12,200
5. Statement of Stockholders Equity for the year ended December 31, 2021
Retained Earnings $33,000
Net Income 12,200
Dividends (2,800)
Retained earnings, Dec. 31, 2021 $42,400
Common stock 86,000
Total equity $128,400
6. Classified Balance Sheet as of December 31, 2021
Assets
Current Assets:
Cash $37,200
Accounts receivable 38,000
Supplies 5,000
Prepaid Rent 15,000 $95,200
Long-term assets:
Land $68,000
Total assets $163,200
Liabilities and Equity:
Accounts Payable $30,000
Salaries Payable 4,800
Total liabilities $34,800
Equity:
Common Stock 86,000
Retained Earnings 42,400
Total equity $128,400
Total liabilities and equity $163,200
7. General Journal
Debit Service Revenue $86,800
Credit Income Summary $86,800
To close revenue income summary.
Debit Income Summary $74,600
Credit Salaries Expense $35,800
Credit Rent Expense $5,000
Credit Supplies Expense $33,800
To close expenses to income summary
Debit Income Summary $12,200
Credit Retained Earnings $12,200
To close income summary to retained earnings.
Debit Retained Earnings $2,800
Credit Dividends $2,800
To close dividends to retained earnings.
Explanation:
a) Data and Analysis:
January 1, 2021 balances:
Cash, $20,000
Supplies, $8,800
Land, $68,000
Deferred Revenue, $5,800
Common Stock $58,000
Retained Earnings, $33,000
Transactions:
Feb. 15 Cash $28,000 Common Stock $28,000
May 20 Cash, $43,000, Accounts receivable $38,000 Service revenue $81,000
August 31 Salaries Expense $31,000 Cash $31,000
October 1 Prepaid Rent $20,000 Cash $20,000
November 17 Supplies $30,000 Accounts payable $30,000
December 30 Dividends $2,800 Cash $2,800
Analysis of Adjustments at December 31, 2021:
1. Salaries Expense $4,800 Salaries Payable $4,800
2. Rent Expense $5,000 Prepaid Rent $5,000
3. Supplies Expense $33,800 Supplies $33,800
4. Deferred Revenue $5,800 Service Revenue $5,800
Rather than making the effort to conduct a detailed assessment of the cost of recovery from an attack when estimating the danger from possible threats, organizations often __________.
1
"I put $200 into my retirement account at work," Maisie says. "And I see that my employer put in $200 in the same account! What is this?" What is
Maisie describing?
A. medical insurance
O B. worker's compensation
OC. matching funds
O D. Social Security
um. All rights reserved.
Reset
Next
G
In matching funds, as Maisie is discussing, her company makes a contribution to her retirement account that is equal to the one she makes.
What do you mean by matching funds?funding matches. a confirmed cash contribution or financial commitments from approved sources, free of any conflicts of interest, that are used for approved project purposes during the grant financing period.
How do match funds function?The non-federal portion of the total project expenditures that a grantee must contribute in order to fulfill the objectives of the award is known as a match for a federal grant. The program RFP should be consulted because the needed match percentage, sources of match, and other conditions differ from program to program.
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give me your best pickup line for brainliest
Answer:
are u from Tennessee? cause ur the only 10 i see
if i said you had a good body would you hold it against me?
your lips look lonely. would they like to meet mine?
Which of the following statements is true of nonprofit organizations?
a. They are firms that do not provide goods or services.
b. They are startup companies that have not yet generated any profits.
c. They engage in management activities to help reach their goals.
d. They do not engage in fundraising as their aim is not to generate profits.
e. They do not have a management structure like that of for-profit organization
Nonprofits do participate on management activities to assist in achieving their objectives.
Management activities: what are they?Planning, organizing, staffing, leading, and managing are the five general responsibilities that make up management at its most basic level. These five responsibilities are a part of a corpus of guidelines and management-related beliefs.
What are the seven fundamental objectives of management?Each of these tasks is essential to helping firms operate effectively and efficiently. Planning, organization, staffing, directing, coordinating, reporting, and budgeting are the seven functions of management, or POSDCORB, that Luther Gulick, Fayol's predecessor, further defined. The formal definition of management principles is the planning, organizing, and control of basic element operations.
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18
Which of the following is a similarity between socialism and communism?
A both allow free market systems
B both allow freedom in work choices for the people
C bothhavelowtaxation policies
D both have strong involvement of the government
Answer:
D both have strong involvement of the government
Explanation:
Both socialism and communism are characterized by strong government participation in economic activities. The two systems advocates for public ownership of the factor of production. The government owns and controls the production and distribution of goods and services.
Socialists and communist market systems promote the greater good of society rather than individual benefits as in the free-market economies.
In which of the following approaches of going green does the organization exhibit the least environmental sensitivity?
a) light green approach.
b) deep green approach.
c) market approach.
d) stakeholder approach.
what are the major classifications of basic manufacturing processes?
The major classifications of basic manufacturing processes are casting, machining, joining etc.
The major classifications of basic manufacturing processes can be noted as -
Casting - In this procedure, molten metal, plastic, or other materials are poured into a mould or dye. As the substance hardens, it conforms to the contour of the mould to create a solid object. Various items like engine blocks, pipelines, and decorative pieces, are crafted using casting.
Machining - In order to achieve a desired physical form, particular materials are eliminated from a workpiece during machining procedures. The machining operations milling, drilling, turning, and grinding are frequently utilized. Precision components and parts for a variety of items, including engines, electronics, and medical equipment, are produced using machining.
Joining - In these processes, two or more substances are joined to produce a single item. It takes into account the techniques of brazing, welding etc. Metals are joined by welding, whereas a variety of materials, including metals, polymers, and ceramics, are joined by brazing and soldering.
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