Answer:
The independent decisions of individuals in the marketplace determine the answers to the fundamental economic questions.
Explanation:
The study of Economic Science allows us to understand the fundamental premises that govern the functioning of market economies. A market economy operates freely - the decisions of the economic agents are independent - which leads us to understand determining questions, such as how much to produce and how much to employ.
A market economy operates under the logic of the interaction between supply and demand of goods and services, so that companies act in a system of competition, via prices, for market share. Thus, consumers benefit from competition and the role of government is only to ensure the right environment for economic transactions.
In a market system, independent decisions of individuals in the marketplace determine the fundamental economic questions, with limited government intervention. In contrast, a command economy relies on centralized decision-making by a government authority.
The characteristics of a market system are markedly different from those of a command system. In a market economy, production goals are not transmitted from top authorities to the producing units. Instead, the independent decisions of individuals in the marketplace determine answers to fundamental economic questions such as "what to produce?", "how to produce?", and "for whom to produce?". The operation of a market system is based on the private ownership of resources and the coordination of economic activity through decentralized decision-making. Governments may have limited roles, primarily to enforce private property rights and maintain the rule of law. In contrast, a command economy relies on a dictator or a group of central planners to answer these fundamental economic questions. Resource ownership and decision making in a command system are centralized and dictated by government policies.
in order to compara and evaluate choices, there must be a set of____.
a. resources
b. decisions
c. consequences
d. none of the above
In order to compare and evaluate choices, there must be a set of none of the above!
Sunny~ ☺
Answer:
its D
Explanation:
Heidi, the founder of Camp Bow Wow, proves herself to be a leader as she asks her employees for suggestions and inputs before making decisions. In the given context, Heidi demonstrates _____.
Answer: the correct answer is Consideration
Explanation:
Heidi, the founder of Camp Bow Wow, proves herself to be a leader as she asks her employees for suggestions and inputs before making decisions. In the given context, Heidi demonstrates consideration.
Natalie is teaching employees how to use the company’s new software needed for their jobs. The knowledge, skills, and abilities they are learning will help them succeed in their work. Natalie is providing _________ to employees.
Your question asks what Natalie is providing to the employees.
Answer: TrainingNatalie is teaching employees how to use the company’s new software needed for their jobs. The knowledge, skills, and abilities they are learning will help them succeed in their work. Natalie is providing training to employees.
The reason why "training" is the correct answer because Natalie is training the employees on how to use the new software that the company has. After she's done training them, the employees could possibly get the hang of the new software and go off on their own with the knowledge of how to use it.
This training would allow the employees the be successful at work, and get the knowledge they need to exceed the work's new software.
I hope this helps!Best regards,MasterInvestorIf the demand curve for a good always has unitary price elasticity, what does this imp about consumer behavior? A) Consumers do not react to a price change. B) Consumers will spend a constant total amount on the good C) Consumers are irrational D) Consumers do not obey the Law of Demand.
Hello There!
This tells us that consumers will spend a constant total amount on the good
HAVE A GREAT DAY!
Would the following be considered a purpose of the Digital Millennium Copyright Act? Select Yes or No. To outline penalties for bypassing or providing tools to bypass protection mechanisms built into copyrighted software.
Answer:
yes
Explanation:
because i said yes
Answer:
Yes
Explanation:
The Digital Millenium Copyright Act was passed in order to protect intellectual property on digital mediums, this includes software, audiovisual material, and other digital mediums that are part of that intellectual property, since the bypassing of protection mechanisms built into copyrighted software is part of that intellectual property protection, the Digital Millenium Act would be considered to have as purpose to deny this.
The additional security option, used for credit card transactions, that keeps track of a customer’s historical shopping patterns and notes deviations from the norm is _____. Select one: a. transaction incognito mode b. transaction identification code c. transaction-spam control software d. transaction-risk scoring software
Answer: the correct answer is d. transaction-risk scoring software.
Explanation: The additional security option, used for credit card transactions, that keeps track of a customer’s historical shopping patterns and notes deviations from the norm is transaction-risk scoring software.
Utility refers to: a. the costs incurred for a training program. b. the usefulness of a training program. c. the benefits derived from training relative to the costs incurred. d. training effectiveness in terms of increased outcomes.
Answer:
C
Explanation:
Utility denotes the usefulness of a good or service; however, it could be the ability to gain or not to gain from a decision based on individual preferences. Utility is the want-satisfying "power" of any commodity or the capacity of a commodity to give satisfaction
Utility in business refers to the benefits derived from a training program relative to the costs incurred. The idea assesses the effectiveness and value of a program by considering improvements in employee performance and alignment with an organization's goals.
Explanation:Utility, in the context of training and development in business, often describes the benefits derived from a training program in relation to the costs incurred. This concept is a measurement of a program's effectiveness and worth. This is determined by whether the advantages or benefits gained from the training program outweigh the financial and time expenses involved. Utility considers factors like improved job performance and efficiency, employee retention, and the overall contribution to an organization's objectives and goals. Therefore, answer option c - the benefits derived from training relative to the costs incurred - is the most suitable choice.
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enjoy a great working relationship and just recently have started dating. They can't seem to get enough of each other outside of the workplace. At work, however, they usually only interact during breaks and lunch, which they take together. They are clearly infatuated with each other but do not engage in public displays of affection. Romance of any kind has no place at work. This couple's relationship is clearly at risk for sexual harassment.
Answer:
uh what?
Explanation:
Final answer:
Workplace romances are controversial, as they can increase both satisfaction and productivity, but also introduce complex emotions and potential for sexual harassment. Companies have varied policies, from prohibiting these relationships to having 'love contracts.' Challenges include favoritism, gossip, and professional boundaries.
Explanation:
Workplace romances are a subject of controversy and debate due to their potential to introduce emotions and sexuality into the professional environment. While some argue that they have no place at work and can risk leading to sexual harassment, others point to research indicating that such relationships can increase employee satisfaction and productivity. Charles Pierce, Donn Byrne, and Herman Aguinis define a romantic workplace relationship as when "two employees have acknowledged their mutual attraction to one another and have physically acted upon their romantic feelings in the form of a dating or otherwise intimate association."
These relationships can have various motives, such as job motives (power, money, job security), ego motives (thrill of the chase, self-esteem boost), and love motives (desire for affection and companionship). The impacts of workplace romances can affect not just the couple but also coworkers and company policies. Companies take different approaches to managing workplace romances, from prohibitions to requiring "love contracts" or having open policies that support such relationships.
Challenges and Impacts of Workplace Romances
Despite the potential positive effects, workplace romances can create complications, such as favoritism, gossip, and blurred lines between attraction and harassment. High-profile examples like the firings of executives at the American Red Cross and the World Bank highlight the problematic nature of these relationships, particularly when they involve power dynamics. It's clear that workplace romances are not rare, with a significant proportion of people experiencing them as participants or observers.
Ultimately, the debate over workplace romances is complex and involves balancing personal freedom with professional boundaries. The communicative elements that affect these relationships are crucial, as they can lead to an environment that either supports or rejects romantic engagements among employees.
Professor Dought has a life insurance policy on his own life that provides that in the event of his death, his mother will receive the proceeds. Professor Dought's mother is a(n):a. incidental beneficiary.b. creditor beneficiary.c. donee beneficiary.d. assignee.
Answer:
c. donee beneficiary
Explanation:
A donee beneficiary is that person who will receive the amounts indicated in the insurance policy. For this reason, we can conclude that Professor Dought's mother is a donee beneficiary, because Professor Dought's life insurance indicates that she must receive the money indicated in the insurance policy if Professor Dough dies.
Answer:
Donee Beneficiary
Explanation:
Professor Dought is the policy holder that enter in to contractual agreement with the insurance company .he draw is life insurance plan .while a donee beneficiary's claim to benefit from the contract amounts to a gift from one of the contractual parties .
Two students are discussing energy sectors in the United States. Student 1 claims that the commercial sector includes automobiles and churches. Student 2 agrees but also includes construction in the commercial list. Who is correct?
In the context of U.S. energy sectors, churches are included in the commercial sector but automobiles are part of the transportation sector. Additionally, construction is typically associated with the industrial sector. Hence, neither student is completely correct in their assertions regarding the inclusion of these entities in the commercial sector.
The discussion between the two students revolves around the definition of the commercial sector in the context of energy consumption in the United States. The assertion by Student 1 that the commercial sector includes churches is correct, as non-commercial entities like churches and government buildings fall under the commercial sector regarding energy use. However, Student 1's inclusion of automobiles is misplaced since automobiles are typically classified under the transportation sector, particularly private automobiles. On the other hand, Student 2's addition of the construction into the commercial list is inaccurate, as construction is more closely aligned with the industrial sector, which entails different energy use patterns and distinctive accounting of energy resources.
Figures and definitions from energy information sources reveal that the commercial sector encompasses various types of enterprises with unique patterns of energy consumption, and it is important to make distinctions between these sectors for accurate energy accounting and management. Therefore, neither student is completely correct in their assertions. The commercial sector is defined by its non-residential and non-industrial buildings and their energy use, with office and mercantile uses being predominant.
Effective knowledge sharing is most likely when employees ________. (a) believe knowledge management is mandatory (b) see knowledge sharing as an additional responsibility (c) view knowledge as a means to have power over others (d) have easy access to information within the context of their jobs
In the context of web marketing the _____ is computed by dividing the number of clicks on an ad
The band estimates it will use this equipment for four years, during which time it anticipates performing about 200 concerts. It estimates that after four years it can sell the equipment for $2,000. During year 2008, the band performs 45 concerts. Assume that Cerritos Band chose straight-line depreciation but realizes early in the second year that due to concert bookings beyond expectations, this equipment will last only a total of three years. The salvage value remains unchanged. Compute the revised depreciation for the second year. Book value at point of revision $ Remaining depreciable cost $ Depreciation per year for year 2 $
Answer:
There are several question
Explanation:
You do not provide the equipment adquisition value.
I will help you with this incomplete question, by giving you the procedure to reach the answers of your problem:
The information about concerts is not useful to determinate the straight-line depreciation, so you will ignore that part, on striaght-line you must focus on the espected life of the long-term asset, the adquisition value and the salvage value.
For depreciation expense for year 1.
You will do (adquisition value - salvage value ($2,000)) /4 years
The first part means, the ammount from which the band purchase the equipment, less the ammount they can sell it at the end of his useful life. This will be the ammount subject to depreciation.
Last part will be to divide this by the useful life in year.
Book value at the moment of revision will be:
book value = adquisition value - acumulated depreciation
Were the acumulated depreciation will be sum of the depreciation expense over the years. In this case we only have 1 depreciation so it will be
acumulated depreciation: dep expense year 1
Remaining depreciable cost at year 1 will be:
amount subject to depreciation - acumulated depreciation
remember that amount subject to depreciation will be:
adquisition value - salvage value
and the acumulated depreciation is the sum of the depreication of each year.
For depreciation expense for year 2
Then you will do (adquisition value - salvage value) / 3 years
Because the expected life decrease this value will be higher than year 1
The change in period-to-period operating income when using variable costing can be explained by the change in the
Answer:
Unit sales level multiplied by a constant unit contribution margin.
Explanation:
The change in period-to-period operating income when using variable costing can be explained by the change in the Unit sales level multiplied by a constant unit contribution margin.
Hope this helps!
Trio Company reports the following information for the current year, which is its first year of operations. Direct materials $ 14 per unit Direct labor $ 16 per unit Overhead costs for the year Variable overhead $ 67,500 per year Fixed overhead $ 135,000 per year Units produced this year 22,500 units Units sold this year 16,500 units Ending finished goods inventory in units 6,000 units Compute the cost per unit of finished goods using 1) absorption costing and 2) variable costing.Cost per unit of finished goods using: Absorption costing Variable CostingCost per unit of finished goods Determine the cost of ending finished goods inventory using 3) absorption costing and 4) variable costing.Cost per unit of finished goods using: Absorption costing Variable CostingNumber of units in finished goods Total cost of finished goods inventory
Answer:
I will answer all of the parts in this table, look there for each value you are asked for:
ABSORPTION COSTING VARIABLE COSTING
Direct Materials 14 14
Direct Labor 16 16
Variable Overhead 3 3
Fixed Overhead 6 do not include them
Unit Cost 39 33
Ending Inventory (UNITS) 6,000 6,000
Ending Inventory (Dollars) $234,000 98,000
Units Sold 16500 16500
Cost of Goods Sold $643,500 $544,500
Net Income diference 36000
Explanation:
The variable costing Does not consider the fixed cost part of the unit cost, so they are posted entirely in the net income as expenses.
While the Absorption costing does include them in the unit cost, giving a higher unit value.
This diference (include or not the fixed assets) do not alter the ending inventory or the cost of goods sold, and indirectly the net income as long as the production and the sales equals. Once they difer, what it is happening is that some part of the fixed cost, which are expose entirely as expense in the net income under the variable cost, are hidden inside the ending inventory under the absorption cost.
The unit fixed cost times the ending inventory ($6 x 6,000) makes for the diference in both, net income and ending inventory.
As a result the company looks better under absorption cost, because it has better aassets an a net income higher, but behind that is one of reasons for the failure of absorption cost ot represent the reality. Currently, ABC or standart cost are more common because they have ways to handle this diferences and keep record of them.
For many years, the Justice Department has tried to break up large firms like IBM, Microsoft, and most recently Google, on the grounds that their large market share made them essentially monopolies. In a global market, where U.S. firms compete with firms from other countries, would this policy make the same sense as it might in a purely domestic context?
Answer:
Explanation:
Short answer: No it would not make any sense at all.
It is doubtful that international courts would take such a task on. International courts seldom deal with civil issues.
Big companies like IBM need their size to compete internationally. China for one, South Korea (surprise), can give them a run for their money.
Answer and explanation:
It depends on the region. There are countries where such kind of innovations are not locally produced so they have no option but to adapt to what other countries can provide them. According to their local regulations and market conditions, they could start processes against those types of organizations.
On the other hand, some other regions produce similar domestic goods that are even more preferred than imports. There, the policies the example refers seem useless.
1. What is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually? $8.00 $4.08 $8.16 $4.00 2. What is the amount of compound interest earned after three years on a $100 deposit paying 8 percent interest annually? $24.00 $8.00 $16.64 $25.97 3. A business just took out a loan for $100,000 at 10% interest. If the business pays the loan off in three months, how much did the business pay in interest? $2,500.00 $10.00 $250.00 $10,000.00 4. What is the annual percentage yield (APY) for a deposit paying 5 percent interest with monthly compounding? 5.00% 5.12% 79.59% 0.42%
Answer:
$8.00$25.97$2500Explanation:
1. The amount earned each year is 4% × $100 = $4. After 2 years, the account has earned 2×$4.00 = $8.00.
__
2. If the account earned simple interest, it would earn 8% × $100 = $8.00 each year. After 3 years, the interest would total $24.00. Since the interest is compounded, the interest also earns interest and the total amount of interest is more than $24.00. The appropriate answer choice is $25.97.
__
3. If the business had taken a year to pay off the loan, it would have paid in interest ...
10% × $100,000 = $10,000
Since the loan was paid off in 1/4 year, the amount of interest paid is 1/4 that amount, so is
(1/4) × $10,000 = $2,500
Leisure Vacations is considering a 5-year project which will require the purchase of $1.4 million in new 5-Year MACRS equipment The MACRS rates are 20 percent, 32 percent, 19.2 percent, 11.52 percent, 11.52 percent, and 5.76 percent for Years 1 to 6, respectively. The firm desires a minimal 14 percent rate of return and the tax rate is 34 percent. The equipment can be sold at the end of the project for an estimated $225,000. What is the amount of the aftertax salvage value? Select one: a. $95,322.15 b. $162,418.54 c. $147,600.00 d. $175,917.60 e. $144,238.97
Answer:
The aftertax salvage value will be $175,917.60
Explanation:
The Modified Accelerated Cost Recovery System (MACRS) is the tax depreciation system in the United States.
aftertax salvage value:
When a company perform a sale of a long term asset, if the sales value is higher than the book value, it must pay taxes for the diference.
So this definition sets the formula:
( salvage - book value ) x tax rate = tax expense in the sale
so the salvage value after tax will be:
salvage value - tax expense
Resuming
salvage value - (salavage value - book value) x tax rate = after tax salvage value
Now moving to this particular question:
The assets is being sold at the end of the project, which menas at year 5. Using the MACRS you can determinate each year depreciation, you need to know the book value at the end of year 5
Year Rate Depreciation Expense Book Value
adquisition $1.400.000
1 20% $280.000 $1.120.000
2 32% $448.000 $672.000
3 19.2% $268.800 $403.200
4 11.52% $161.280 $241.920
5 11.52% $161.280 $80.640
6 5.76% $80.640 $-
We got that the book value at year 5 is $80.640 and we also know that the salvage value estimated is for $225,000 and the tax rate will be of 34%
Now we calculate with the previous formula:
225,000 - (225,000 - 80640) x 34% = $175,917.60
The desired rate of return is not used in this calculation because that is use to determinate if an investment can yield that rate. Here we work with the facts of how much will the asset will worth after the fifth year being the taxes paid. The 14% will be use to determinate wether it is convinient or not to do the project.
The aftertax salvage value can be calculated by determining the book value of the equipment and subtracting the tax liability on that value. The book value is calculated as the initial cost minus the accumulated depreciation, which is found using the MACRS rates. The tax liability is then computed by multiplying the gain or loss with the tax rate. Finally, the after-tax salvage value is obtained by subtracting the tax liability from the market value of the equipment.
Explanation:The after-tax salvage value can be calculated as the difference between the market value of the equipment and the tax liability on that value. To calculate the tax liability, we need to first calculate the book value of the equipment, which is the initial cost minus the accumulated depreciation. The accumulated depreciation is calculated using the MACRS rates. The book value at the end of Year 5 is equal to the initial cost minus the sum of the depreciation deductions for Year 1 to Year 5.
Let's calculate the aftertax salvage value:
Depreciation deductions for Year 1 to Year 5Year 1: 20% of $1.4 million = $280,000Year 2: 32% of $1.4 million = $448,000Year 3: 19.2% of $1.4 million = $268,800Year 4: 11.52% of $1.4 million = $161,280Year 5: 11.52% of $1.4 million = $161,280Accumulated depreciation at the end of Year 5:$280,000 + $448,000 + $268,800 + $161,280 + $161,280 = $1,319,360
Book value at the end of Year 5:$1.4 million - $1,319,360 = $80,640
Gain or loss:Market value of equipment - Book value at the end of Year 5:
$225,000 - $80,640 = $144,360
Tax liability:Tax rate x Gain or loss:
0.34 x $144,360 = $49,102.40
Aftertax salvage value:Market value of equipment - Tax liability:
$225,000 - $49,102.40 = $175,897.60
Therefore, the amount of the aftertax salvage value is $175,897.60 (option d).
2. Cathy started her own line of custom-made and hand-embellished wedding shoes. She opened up her own shop, paying $2500 as a one-time licensing fee. She used about $3000 in raw materials and made $3500. At the end of the first month, Carly, her sister, looked at her financials and told her that she was losing money and should shut down. Cathy is heartbroken. As an economics guru, what would you advise her to do?
I would explain to Cathy that her sister Carly is not right. When starting a business, there must be investments that will be amortized over time, that is, profit is not immediate. In the case of the shoe store, I would explain that the first month was positive, since the difference between the cost of the material and the production sold was + $ 500. Thus, Cathy amortized $ 500 of the licensing fee. So if this sales pattern is maintained, by the fifth month the entire investment will have been amortized and from the sixth month on, Cathy will begin to make a profit from your business.
Tiptoe Shoes had annual revenues of $190,000, expenses of $106,200, and dividends of $20,000 during the current year. The retained earnings account before closing had a balance of $302,000. The entry to close the Income Summary account at the end of the year, after revenue and expense accounts have been closed, is:?
The revenue and expense accounts are closed at the end of the year, an entry is made to shut the income summary account is $83800. Thus, option (B) is the correct answer.
During an accounting period, all revenue and cost accounts from the income statement are moved into a temporary account called the income summary account.
Income/Lose
= Total revenue- Total Expenses.
= $190000 - $106200
= $83200
Income = $83200
Income transferred to Retained Earnings
Income Summary A/c (Dr)= $83800 Retained Earning (Cr)= $83800Thus, option (B) is correct Answer:
Debit income summary $83500
Credit Retained Earning $83800
Therefore, The revenue and expense accounts are closed at the end of the year, an entry is made to shut the income summary account is $83800. Thus, option (B) is the correct answer.
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The given question is incomplete, this is the complete question:
Tiptoe Shoes had annual revenues of $190,000, expenses of $106,200, and dividends of $20,000 during the current year. The retained earnings account before closing had a balance of $302,000. The entry to close the Income Summary account at the end of the year, after revenue and expense accounts have been closed, is:?
Group of answer choices:
a) Debit Retained earnings $83,800, credit Income Summary $83,800
b) Debit Income Summary $83,800, credit Retained earnings $83,800
c) Debit Retained earnings $63,800; credit Income Summary $63,800
d) Debit Income Summary $63,800; credit Retained earnings $63,800
e) Debit Retained earnings $302,000; credit Income Summary $302,000
Which of the following is an element of inventory holding costs? A. material handling costs B. investment costs C. housing costs D. pilferage, scrap, and obsolescence E. All of the above are elements of inventory holding costs.
Answer:
All of the above are elements of inventory holding costs.- E.
Material handling costs, housing costs, investment costs, pilferage, scrap, and obsolescence are all components of inventory holding costs. Option E is correct.
What is inventory holding costs?Inventory holding costs are defined as the fees that are incurred when inventory is put in a warehouse.
Inventory holding costs include rent for space, security, depreciation, and insurance. Inventory holding costs include material handling costs, housing costs, investment costs, pilferage, scrap, and obsolescence.
Therefore, option E is correct.
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Real Losers, a diet magazine, collected $360,000 in subscription revenue in May. Each subscriber will receive an issue of the magazine for each of the next 12 months, beginning with the June issue. The company uses the accrual method of accounting. By the end of December, how much Subscription revenue has been earned?
Answer: the correct answer is $210,000. The months is which the service was given were June, July, August, September, October, Nevember, December. The total service is $360,000 which means it is $30,000 monthly. (360,000 divided by 12). $30,000 times 7 months is $210,000.
Explanation: If a company is using the accrual basis accounting method it has to record its earned revenue when services are rendered, even though cash may be received at a later date..
By the end of December, how much Subscription revenue has been earned is $210,000
Given:
Based on the information given each of the subscriber will receive an issue of the magazine for each of the next 12 months starting with the June .
June to December=7 months
Subscription revenue=$360,000
Now let how much Subscription revenue has been earned
Subscription revenue=$360,000×7months/12 months
Subscription revenue=$210,000
Inconclusion By the end of December, how much Subscription revenue has been earned is $210,000.
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James owns two houses. He rents one house to the Johnson family for $10,000 per year. He lives in the other house. If he were to rent the house in which he lives, he could earn $12,000 per year in rent. How much do the housing services provided by the two houses contribute to GDP? A. $0 B. $10,000 C. $12,000 D. $22,000
Exercise 15-7 Crawford Corporation incurred the following transactions. 1. Purchased raw materials on account $53,000. 2. Raw Materials of $45,200 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $9,400 was classified as indirect materials. 3. Factory labor costs incurred were $65,400, of which $50,200 pertained to factory wages payable and $15,200 pertained to employer payroll taxes payable. 4. Time tickets indicated that $55,000 was direct labor and $10,400 was indirect labor. 5. Manufacturing overhead costs incurred on account were $81,700. 6. Depreciation on the company’s office building was $8,100. 7. Manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. Goods costing $89,400 were completed and transferred to finished goods. 9. Finished goods costing $76,000 to manufacture were sold on account for $105,100. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (To record the sale) (To record the cost of the sale) Click if you would like to Show Work for this question: Open Show Work
Answer:
66562@57829100)))787hs$677214
Explanation:
Here are the journal entries for Crawford Corporation, concisely:
Raw materials inventory $53,000 accounts payable $53,000
Work in process inventory $35,800 manufacturing overhead $9,400 raw materials inventory $45,200
The journal entriesWork in process inventory $55,000 factory wages payable $50,200 employer payroll taxes payable $15,200
Manufacturing overhead $81,700 accounts payable $81,700
Depreciation expense $8,100 accumulated depreciation $8,100
Manufacturing overhead $88,000 work in process inventory $88,000
Finished goods inventory $89,400 work in process inventory $89,400
Accounts receivable $105,100 sales revenue $105,100
Cost of goods sold $76,000 finished goods inventory $76,000
The total journal entries are 9, and they cover the purchase of raw materials, the requisition of raw materials, the factory labor costs, the manufacturing overhead costs, the depreciation expense, the application of manufacturing overhead, the transfer of goods to finished goods, the sale of finished goods, and the cost of the sale
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You own a coffee shop and you hire a band to play popular songs to your patrons while they sip their morning coffee. Who enforces the performance rights if you have not paid for a license to the music played in the shop?
if theres a BMI and ASCAP select it
On July 7, you purchased 500 shares of Wagoneer, Inc. stock for $21 a share. On August 1, you sold 200 shares of this stock for $28 a share. You sold an additional 100 shares on August 17 at a price of $25 a share. The company declared a $0.95 per share dividend on August 4 to holders of record as of Wednesday, August 15. This dividend is payable on September 1. How much dividend income will you receive on September 1 as a result of your ownership of Wagoneer stock
Answer:$190 total
Explanation: most of the information is trying to throw you off what matters is that you sold in total 300 of your 500 shares and are left with 200 shares. If you times that by the amount per share you get 0.95 you end up with your amount by the day of $190. Hopes this helps!
Which of the following distribution systems offers speed and reliability when emergency supplies are needed overseas?A. railroadsB. airfreightC. truckingD. pipelinesE. waterways
Your question asks which is a fast and reliable source for emergency supplies that are needed overseas.
Answer: B). AirfreightThe reason why answer choice "B). Airfreight" is the correct answer because this is the distribution system that is the quickest to get things overseas.
When you think about going overseas, what do you use? A plane. When you think about going somewhere international, what do you use? A plane. That is the same concept when you're sending things overseas, you would use some sort of air craft to get it overseas.
An airfreight is a really big air craft that can transport tons and tons of supplies, items, etc. An airfreight can go over the ocean and to its destination very quickly. The plane can go hundreds and hundreds of miles per hour for a long period of time. This is why people would use an air freight to deliver emergency supplies overseas.
Why the other answer choices are incorrect:Answer choice "A). railroads" is incorrect because railroads can't go overseas. Have you seen railroads built over the ocean? Absolutely not. Therefore, trains can't go over the ocean because there's no railroads built over the ocean. This is why this answer choice is incorrect.
Answer choice "C). trucking" is incorrect because there is no road over the ocean, therefore the travel path would be cut off for the trucks. In order for the trucks to go overseas, they would need to be transported on a boat, in which would take a long time. This is why this answer choice is incorrect.
Answer choice "D). pipelines" is incorrect because pipelines don't extend to places that are overseas, and pipelines would not be a safe thing to use to get emergency equipment distributed. This is why this answer choice is incorrect.
Answer choice "E). waterways" is incorrect because water ways are just water, large bodies of water to be exact. There is no transportation system in waterways, therefore making this answer choice incorrect.
I hope this helps!Best regards, MasterInvestorAirfreight is the most suitable option for fast and reliable overseas delivery of emergency supplies, thanks to its speed and connectivity to local distribution networks.
Among the options given, airfreight offers the most speed and reliability when emergency supplies are needed overseas. Airfreight can deliver goods quickly over long distances, and it is less likely to be affected by traffic jams, adverse weather affecting roadways, or the physical limitations of infrastructure like bridges and tunnels.
Airports also tend to be well-connected to local distribution networks, allowing for the efficient 'last mile' delivery in different geographic regions, which is essential when time is critical.
In the ________, consumers are pictured as either receptive to or actively searching for products and services that fulfill their needs and enrich their lives.
Answer: In the cognitive consumer model, consumers are pictured as either receptive to or actively searching for products and services that fulfill their needs and enrich their lives.
What type of skills requires defining problems and selecting the best course of action to take
Problem Solving Skills
Hope that helped you!
Answer:
Problem solving skills
Explanation:
When a person has problem solving skills, this means that the person is particularly good at defining problems and selecting the actions that will allow him to deal with these effectively. It is important for a person to develop good solving skills. These are useful in many different contexts, including school, home and the workplace.
In late December you decide, for tax purposes, to sell a losing position that you hold in Twitter, which is listed on the NYSE, so that you can capture the loss and use it to offset some capital gains, thus reducing your taxes for the current year. However, since you still believe that Twitter is a good long-term investment, you wish to buy back your position in February the following year. To get this done you call your Charles Schwab brokerage account manager and request that he immediately sell your 1,400 shares of Twitter and then in early February buy them back. Charles Schwab charges a commission of $4.95 for online stock trades and for broker-assisted trades, there is an additional $25 service charge, so the total commission is $29.95. a. Suppose that your total transaction costs for selling the 1,400 shares of Twitter in December were $59.95. What was the bid/ask spread for Twitter at the time your trade was executed? b. Given that Twitter is listed on the NYSE, do your total transaction costs for December seem reasonable? Explain why or why not. c. When your February statement arrives in the mail, you see that your total transaction costs for buying the 1,400 shares of Twitter were $47.95. What was the bid/ask spread for Twitter at the time your trade was executed? d. What are your total round-trip transaction costs for both selling and buying the shares, and what could you have done differently to reduce the total costs?
The bid/ask spreads for selling and buying the shares of Tw-itter can be calculated by subtracting the total transaction costs from the commission charges. The total transaction costs for December seem reasonable for a stock listed on the NYSE. The total round-trip transaction costs for both selling and buying the shares can be reduced by placing limit orders instead of market orders.
Explanation:a. To find the bid/ask spread, we can subtract the total transaction costs from the commission charges. So, the bid/ask spread for Twi-tter at the time of selling the shares in December would be $59.95 - $29.95 = $30.
b. The total transaction costs for December seem reasonable for a stock listed on the NYSE. The bid/ask spread of $30 is a common expense when trading in highly liquid stocks like Twi-tter.
c. To find the bid/ask spread for buying the shares in February, we subtract the total transaction costs from the commission charges. Hence, the bid/ask spread for Twit-ter at the time of buying the shares in February would be $47.95 - $29.95 = $18.
d. The total round-trip transaction costs for both selling and buying the shares would be $59.95 + $47.95 = $107.90. To reduce the total costs, you could have considered placing limit orders instead of market orders, which would allow you to set a specific price at which you want to buy or sell the shares, potentially reducing the bid/ask spread.
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