_______ achieves organizational change through business process changes and dilivery of supporting business systems with a minimal customization

Answer:

Simple interest - $1,400

Compound interest - $1,480.24

Explanation:

Simple interest is the interest earn only on he principal invested.

For example, with a rate of 10% simple interest, if I invest $10,000 for 2 years.  Then my interest will be:

SI = 10,000 × 10%  × 2 =  $200

Accumulated amount can be calculated using this formula:

F.V = P + (P R × T)

FV = 10,000 + (10,000× 10%  × 2)

     = 10,200

Compound Interest: Under this arrangement, both the principal and interest would earn interest. Unlike the simple, any interest themselves would earn interest so far they are not withdrawn.

To compute compound interest

Year 1 = 10000 ×10% =  100

Year 2 = (10000×10%)   +  (100 ×10%) = 110

Total interest = 100 + 110 = 210

Note that the interest in year 2 is higher for compound interest than for simple interest.

Accumulated amount for compound interest is done as follows:

F.V = P × (1+r)^n

So lets apply this these concepts to our question:

a) Simple interest:

Accumulated amount(Future Value) :

F.V = P + (P × R × T)

F.V = $1000 + (1000  × 4%  × 10)

    = $1,400

b) Compound Interest

F.V = P × (1+r)^n

F.V = 1,000 ×  (1+0.04)^10

    = $1480.24

After 10 years with a $1,000 deposit at 4% simple interest, you will have $1,400. With compound interest, you will accumulate $1,480.

Accumulate in your bank account after 10 years with a $1,000 deposit at 4% simple interest, you use the formula for simple interest: P = P₀+ (P₀ times r times t), where P is the future value of the investment/loan, including interest, P₀ is the principal amount (the initial amount of money), r is the annual interest rate (decimal), and t is the time the money is invested or borrowed for, in years. Applying the values, we find:
P = $1,000 + ($1,000 times 0.04 times 10) = $1,000 + $400 = $1,400. Therefore, after 10 years, you will have $1,400 in your account with simple interest.

For compound interest, we use a different formula: P = P₀ times (1 + r)ⁿ, where n is the number of times that interest is compounded per unit t. If the interest is compounded annually, we assume n to be the same as t. Using the same values but applying the compound interest formula:
P = $1,000 times (1 + 0.04)10 = $1,000 times 1.48 = $1,480. Thus, with compound interest, you will have $1,480 in your account after 10 years.

Answer:

Explanation:

The preparation of the balance sheet is presented below:

                                               Rogers Corp

                                              Balance sheet  

Assets

Cash                                             $127,000

Account receivable                     $115,000

Inventories                                   $286,000      

Tangible net fixed assets            $1,610,000

Patents and copyrights               $660,000

Total assets                                  $2,798,000

Liabilities

Account payable                          $210,000

Notes payable                              $155,000

Long-term debt                             $830,000

Total liabilities                               $1,195,000

Common stock                              $235,000   (Balancing figure)

Accumulated retained earnings   $1,368,000

Total liabilities and stockholder equity  $2,798,000

The cash, account receivable and inventory are come under the current assets while the account payable and the notes payable are come under the current liabilities.

The 2018 balance sheet for Rogers Corp., lists current assets like cash, accounts receivable, and inventory, long-term assets, current liabilities, long-term debt, and shareholders' equity including retained earnings. Total assets should match the sum of liabilities and equity.

Rogers Corp. Balance Sheet for 2018:

To prepare the balance sheet for Rogers Corp. for the year 2018, we will list the assets in order of liquidity followed by liabilities, and equity. Assets include current assets such as cash, accounts receivable, and inventory, as well as long-term assets like net fixed assets and intangible assets like patents and copyrights. Liabilities include current liabilities and long-term liabilities like long-term debt. Lastly, we record the shareholders' equity section, which primarily consists of accumulated retained earnings.

Rogers Corp. Balance Sheet as of December 31, 2018

Current Assets:

Cash: $127,000

Accounts Receivable: $115,000

Inventory: $286,000

Non-Current Assets:

Tangible Net Fixed Assets: $1,610,000

Patents and Copyrights: $660,000

Total Assets: $2,798,000

Liabilities and Shareholders' Equity:

Current Liabilities:

Accounts Payable: $210,000

Notes Payable: $155,000

Long-Term Debt: $830,000

Total Liabilities: $1,195,000

Shareholders' Equity:

Accumulated Retained Earnings: $1,368,000

Total Shareholders' Equity: $1,368,000

Total Liabilities and Shareholders' Equity: $2,563,000

Note that total assets should equal the sum of total liabilities and shareholders' equity as per the accounting equation. However, there appears to be a discrepancy between total assets and the sum of liabilities and equity. It's important to reconcile this before finalizing the balance sheet.

The present value of your $35 million lottery winnings, paid out over 20 years with a 6% annual rate of return, is approximately $20.91 million.

The question is asking for the present value of your $35 million lottery winnings given a 6% annual return on investment, which will be paid out in 20 annual payments of $1.75 million each. The formula we're going to use is the formula for the present value of an annuity: PV = PMT * [(1-(1+r)^-n)/r]. In this case, PMT equals $1.75 million, r represents the return rate which is 0.06, and n is the number of years, which is 20.

Let's plug these values into the formula: PV = 1.75 * [(1 - (1+0.06)^-20) / 0.06]. After calculating, we find that the present value of this annuity is approximately $20.91 million.

This means that if you were to invest an amount of $20.91 million in securities with a similar risk profile as the lottery, at an interest rate of 6%, you would receive the same amount of money over the 20 year period as your lottery winnings.

https://brainly.com/question/34554678

#SPJ3

Answer:

correct answer for learning curve percentage is A. 90%

Explanation:

given data

average labor cost = $20/hr

Time 1st  unit = 10 hours

Time 4th unit =  8.1 hours

solution

we apply here formula for learning curve that is

Time (x)  units = Time 1st unit ×  [tex]x^{\frac{ln\ leaning\ rate }{ln\ 2}}[/tex]

so

time 4th unit = Hours 1st unit ×  [tex]4^{\frac{ln\ leaning\ rate }{ln\ 2}}[/tex]

8.1 = 10 ×  [tex]4^{\frac{ln\ leaning\ rate }{ln\ 2}}[/tex]

ln 0.81 = [tex]{\frac{ln\ leaning\ rate }{ln\ 2}}[/tex] × ln 4

solve it we get

learning rate = 90%

so correct answer is A. 90%

The learning curve percentage for this operation is approximately 9.16%.

The learning curve percentage for a specific operation represents the rate at which the labor hours required to produce a unit decrease as more units are produced. The learning curve is typically expressed as a percentage reduction in labor hours per unit. In this case, we have two data points:

1. Time for the very first unit is 10 hours.

2. Time for the fourth unit is 8.1 hours.

We can use these data points to calculate the learning curve percentage using the following formula:

Learning Curve Percentage = 100 - (Log(Time for n) / Log(Time for 1)) * 100

Where:

- Time for n is the time required for the nth unit.

- Time for 1 is the time required for the first unit.

In our case:

- Time for the fourth unit (Time for n) is 8.1 hours.

- Time for the very first unit (Time for 1) is 10 hours.

Let's calculate the learning curve percentage:

Learning Curve Percentage = 100 - (Log(8.1) / Log(10)) * 100

Learning Curve Percentage ≈ 100 - (0.9084 / 1) * 100

Learning Curve Percentage ≈ 100 - 90.84

Learning Curve Percentage ≈ 9.16%

So, the learning curve percentage for this operation is approximately 9.16%. Therefore, none of the options A, B, C, or D provided in the question is correct. The correct learning curve percentage is approximately 9.16%.

For such more questions on percentages

https://brainly.com/question/24877689

#SPJ3

Answer:

new layer at cost = $32000

Explanation:

given data

cost-to-retail percentage  

beginning inventory = 60%

current period purchases = $50,000

retail value = $50,000

solution

we get her new layer at cost that should be here as

new layer at cost = retail value × current period purchases    ......................1

put here value ans we will get

new layer at cost = $50,000 × 64%

new layer at cost = $32000

Answer:

Old machine is more cost effective

Explanation:

Data provided in the question:

Variable cost for old machine = $0.32 per unit

Variable cost for new machine = $0.28 per unit

Fixed cost for old machine = $75,000

Fixed cost for new machine = $150,000

crossover point  = 1,875,000

For a volume of 460,025 units

Now,

For old machine

Total variable cost = 460,025 × $0.32

= $147,208

Thus,

Total cost =Total variable cost + Fixed cost

= $147,208 + $75,000

= $222,208

For the new machine

Total variable cost = 460,025 × $0.28

= $128,807

Thus,

Total cost =Total variable cost + Fixed cost

= $128,807 + $150,000

= $278,807

Since,

total cost for old machine is low

hence,

Old machine is more cost effective

Answer:

Present value:                         1711.49

At the end of year two:           1,273.92

At the end of the 8th year:      3167.86

Explanation:

We will use the value of present value of a lump sum on each cash flow, then add them all together for the present value.

Example for 6th Year

[tex]\frac{Maturity}{(1 + rate)^{time} } = PV[/tex]  

Maturity  800.00

time  6.00

rate  0.08000

[tex]\frac{800}{(1 + 0.08)^{6} } = PV[/tex]  

PV   504.1357

Year  //  Cashflow //  Discounted cash flow

0 300  300

1 300  277.78

2 600   514.40

3 -500 -396.92

4 -300 -220.51

5 0               0

6 800  504.14

7 700          408.44

8 600  324.16

         1711.49

For future value, we will adjust using the future value of a lump sum:

Again, using the 6th year as example:

[tex]Principal \: (1+ r)^{time} = Amount[/tex]

Principal 800.00

time 2.00 (it capitalize trought 7th and 8th years)

rate 0.08000

[tex]800 \: (1+ 0.08)^{2} = Amount[/tex]

Amount 933.12

Year // Cashflow // Future value

0 300 555.28

1 300 514.15

2 600 952.12

3 -500 -734.66

4 -300 -408.15

5 0               0

6 800   933.12

7 700           756

8 600  600      

              3167.86

At the end of 2nd year:

Year // Cashflow // Future value

0 300   349.92

1 300   324

2 600  600      

     Total           1,273.92

The present worth, future worth, and end of year 2 worth of the cash flow series are calculated by using time value of money principles such as discounting and compounding, utilizing the relevant interest rate to adjust cash flows to the desired year.

The subject of the question is the calculation of the present and future worth of a cash flow series. The financial concept of time value of money is used, which involves discounting future cash flow to the present or compounding it to the future. The formula to calculate present worth is PV = FV / (1 + r)n, where PV is the present value, FV is the future value, r is the interest rate, and n is the number of years. Similarly, to calculate future worth, the formula is FV = PV * (1 + r)n.

A) The present worth of the series is calculated interesting each cash flow back to year zero, summing them up.
B) The future worth is calculated by compounding each cash flow to the end of year 8, then summing them.
C) The worth of the series at the end of year 2 is calculated by discounting cash flows after year 2 back to year 2, and compounding cash flows before year 2 up to year 2, then summing.

https://brainly.com/question/36646697

#SPJ3

Answer:

The correct answer is letter "C": Cost-benefit analysis.

Explanation:

The cost-benefit analysis is a method used to make business and economic-based decisions. The cost-benefit analysis can be used to judge a single option or compare two or more options to select the optimal alternative. The cost-benefit analysis consists of estimating all the costs of a particular decision then comparing them to the estimated benefit of that decision.

Jessie is using the cost-benefit analysis because she is determining the cost of what she could lose in front of the benefit of what she still could get with her relationship with Taylor based on what they have already experienced.

Answer:

Demand; Quantity Demanded

Explanation:

According to the law of demand,

Law states that there is a negative or inverse relationship between the price of the good and the quantity demanded for that good which means that an increase in the price of a good will result in a fall in quantity demanded for that good and a decrease in the price level of the good will result in an increase in the quantity demanded for that good.

In our case, the price of eggs falls from $5 per dozen to $4 per dozen then as a result there is an increase in the quantity demanded for the eggs.

Final answer:

The law of demand states that a decrease in the price of a good leads to an increase in the quantity demanded. When the price of eggs drops from $5 to $4 per dozen, the quantity demanded is expected to increase as consumers are more willing to purchase at the lower price.

Explanation:

According to the law of demand, when the price of a good decreases, the quantity of the good demanded increases. This principle is based on the tendency of consumers to purchase more of a good when its price is lower if all other factors remain constant. Therefore, when the price of eggs decreases from $5 per dozen to $4 per dozen, we should expect the quantity demanded to increase.

In economic terms, the decrease in the price of eggs leads to a movement along the demand curve to the right, indicating a higher quantity demanded. This concept is essential in understanding how markets reach equilibrium. When there is a price change, it affects both consumer behavior (demand) and producer behavior (supply), creating movements toward a new equilibrium if nothing else changes.

Using the coffee example, when the price of coffee is lowered to $2, the quantity demanded increases, but with the incentive for producers to produce lessening, a shortage or disequilibrium may occur. On the other hand, if the price of coffee increases to $7 per pound, the new equilibrium leads to a lower quantity demanded. In the case of the eggs, the lower price will likely lead to more eggs being demanded by consumers.

Answer:

The correct answer is: The functional manager.

Explanation:

A weak matrix project management structure is the type of business organization managed by two executives: the functional manager and the project manager. Both of them work jointly and report to each other accordingly. Out of the two of them, the functional manager is in charge of controlling how work is done within the firm.

In a weak matrix project management structure, functional managers are generally responsible for determining how tasks will be done. While a project manager is involved, their power is usually limited and they often serve as a coordinator.

In a weak matrix project management structure, the responsibility for determining how tasks will be carried out typically falls on the functional manager. Unlike the strong matrix structure where the project manager has significant authority, in a weak matrix, the authority is primarily with the functional managers.

Functional Managers have expertise in specific disciplines such as sales, marketing, engineering etc. They define the way tasks are to be performed to achieve project outcomes. They provide human resources and facilitate the smooth execution of various tasks inside their respective departments.

It's worth noting that a weak matrix still involves a project manager, but they usually have limited power and are often relegated to the role of a coordinator or communicator between functional departments.

https://brainly.com/question/31671343

#SPJ3

Answer:

Service revenue                                                                   $8,700

Less: Expenses

       Salaries expense                             $1,900

       Utilities expense                              $1,200

Total expense (subtract from Service revenue )             -$3100

Net Income (Service revenue -Total expense)          =      $5,600

Explanation:

First Make the list of given quantities:

Cash=$4,800

Salaries expense=$1,900

Accounts payable=$2,800

Retained earnings=$4,200

Utilities expense=$1,200

Supplies=$13,200

Service revenue=$8,700

Common stock=$5,400

Income statement  is as follow:

Only Service revenue and expenses are used to find the net income.

Service revenue                                                                   $8,700

Less: Expenses

       Salaries expense                             $1,900

       Utilities expense                              $1,200

Total expense (subtract from Service revenue )             -$3100

Net Income (Service revenue -Total expense)          =      $5,600

The cost of manufacturing each product is calculated using the job order technique of pricing.

The journal entries are provided in the image attached below:

This costing method is typically used when the producer has to determine the cost of performing a specific task while producing a number of items that differ from one another. Direct labor, direct supplies, and manufacturing overhead are all included in the task costing process.

The profitability of a job can be ascertained via job order costing. It aids the business in estimating the cost of the materials, labor, and overhead that will be incurred when carrying out that specific job.

Effective job order costing enables businesses to provide quotations that are affordable enough to be appealing to customers while maintaining a profit margin.

Learn more about job order costing here:

https://brainly.com/question/28295481

#SPJ12

Final answer:

To prepare the journal entries for Oak Creek Furniture Factory (OCFF), you need to record the materials requisitions, labor costs and applied overhead. The journal entries are provided with detailed explanations.

Explanation:

To prepare the journal entries for Oak Creek Furniture Factory (OCFF), we need to record the materials requisitions, labor costs and applied overhead. Here are the journal entries:

Issuance of raw materials to production:

Debit Work in Process - Job 34 for $3,600 (materials requisitioned for Job 34)

Credit Raw Materials Inventory for $3,600 (cost of raw materials used for Job 34)

Record payroll costs:

Debit Work in Process - Job 34 for $2,300 (labor costs for Job 34)

Debit Manufacturing Overhead for $800 (indirect labor costs)

Credit Wages Payable for $2,300 (amount owed for direct labor)

Credit Accrued Payroll for $800 (amount owed for indirect labor)

Application of manufacturing overhead to production:

Debit Manufacturing Overhead for $4,180 (55% of direct labor cost for Job 34)

Credit Work in Process - Job 34 for $4,180 (applied overhead to Job 34)

Answer:

We can withdraw an equivalent annuity of  $ 293.658 each year.

Explanation:

We build a scheduled table to know the future value of the gradient investment

Time    Beg        Gradient          Total             Rate Ending

1  $100.00   $100.00  $100.00           0.060   $106.00

2  $106.00   $100.00   $206.00   0.060   $218.36

3  $218.36   $200.00   $418.36   0.060   $443.46

4  $443.46   $300.00   $743.46   0.060   $788.07

5  $788.07   $400.00   $1,188.07   0.060   $1,259.36

6  $1,259.36   $500.00   $1,759.36   0.060   $1,864.92

7  $1,864.92   $600.00   $2,464.92   0.060   $2,612.81

Then, we solve for the equivalent annuity-due:

[tex]PV \div \frac{1-(1+r)^{-time} }{rate}(1+rate) = C\\[/tex]

PV 2,613

time 7

rate 0.06

[tex]2612.81 \div \frac{1-(1+0.06)^{-7} }{0.06}(1+0.06) = C\\[/tex]

C  $ 293.658

Itis annuity due as we will going to retire cash in a 6 year period for  seven times. (at each year-end during 6 years thus, annuity-due

1st      2nd     3rd   4th    5th    6th   7th

/-------/-------/-------/-------/-------/-------/-------/

         1       2       3        4      5        6       7

At the end of year 7, we could $276.75 as Annuity amount out of the bank starting at the end of the first year and continuing until the end of the seventh year.

To determine the annual amount or annuity we could withdraw from the bank given the gradient investment scenario, we need to find the present value of the gradient series and then convert it to an annuity.

Determine the Future Value (FV) of the Gradient Investment, the formula for the future value of a gradient series is given by:

Where:

Plugging in the values:

Calculate the individual terms:

a. Calculate [tex](1 + r)^n[/tex]:

b. Calculate [tex](1 + r)^n - 1[/tex]:

c. Calculate nr:

d. Calculate [tex]( (1 + r)^n - 1 - nr )[/tex]:

e. Calculate [tex]r^2[/tex]:

f. Calculate the fraction:

Calculate the Future Value (FV):

Convert the Future Value to an Annuity (A):

Plugging in the values:

Calculate the individual terms:

a. Calculate [tex](1 + r)^n:[/tex]

b. Calculate [tex]( (1 + r)^n - 1 ):[/tex]

c. Calculate the fraction:

Calculate the Annuity (A):

Answer:

Separate legal entity and taxation process

Explanation:

In a corporation, unlike in other forms of business, the owners and business are treated separately under the law. This principle is referred to as separate legal entity concept.

So for any contracts or deals entered into by a corporation, the owners cannot be held personally liable or asked to make good the losses incurred due to entering into those contracts unless of course if owners acted with mala fide intentions to earn personal profits. In short, owners personal assets cannot be taken away.

Secondly, the taxation slab applicable to corporations is also different in the sense corporations pay taxes on dividend paid. Secondly, when such dividend forms part of the revenue of shareholders, tax is again paid on that dividend income, this time by the shareholder. So in a way, shareholders get taxed twice, since in the first case, the company paying dividend recovers the tax on dividend paid from shareholders. This is referred to double taxation.

The key difference is limited liability in corporations, protecting shareholders from personal debt risks. Corporations also facilitate capital raising and have perpetual existence, distinguishing them from other organizational forms.

The most important difference between a corporation and other organizational forms is limited liability. In a corporation, shareholders are not personally liable for the company's debts; their financial risk is limited to their investment in shares.

This contrasts with sole proprietorships and partnerships, where owners may be personally liable for business debts, putting their personal assets at risk. Additionally, corporations can raise capital more easily through the issuance of stock, which allows for potential growth and expansion.

Corporations also have perpetual existence, meaning they can continue indefinitely, regardless of changes in ownership. These features make corporations an attractive option for many entrepreneurs, offering a unique balance of risk and opportunity compared to other organizational structures.

Answer:

The correct answer is letter "B": $30.

Explanation:

Opportunity cost is the return of an option taken over the return of the option forgone. It represents what is obtained with the choice taken in terms of the choice dismissed. Opportunity cost is also defined as the best next alternative left behind after choosing another.

In Abby's case, she chose to babysit The Lewis' toddler who will pay her $40. The best next alternative was The Gilbert's who offered $30. Thus, those $30 represent Abby's opportunity cost of babysitting The Lewis' child.

Answer:

Disturbance Handler

Decisional

Explanation:

Sometimes employees have different opinions about how things should be done, or simply have a personality conflict, and then Candace fulfills the disturbance handler role of management, resolving the dispute. This is part of the decisional component

Answer:

a. 16.52

Explanation:

The P/E ration is the ratio of an entity's share price to the earnings per share. It is a measure used to measure the accuracy of the valuation of one company's share with another.

Given;

Share price = $38

Earnings per share = $2.30

P/E ratio = share price/earnings per share

= $38/$2.30

= 16.52

Option a.

Answer:

Explanation:

Rate per period =15% = 15/12 monthly

Payment(PMT)=$1,000

Future amaount(FV)=$2,000,000

N(years)=?

If input this data into fin calculator, n= 262.27months=262.27/12years=21.86years

To make $2,000,000 from a monthly investment of $1,000 at an interest rate of 15% per year, you would need to invest for approximately 47 years.

To find out how many years you need to make the monthly investment of $1,000 for your account to be worth $2,000,000, we can use the formula for compound interest. The formula is:

A = P(1+r)^n

Where A is the future value of the investment, P is the monthly investment amount, r is the annual interest rate, and n is the number of years. In this case, A is $2,000,000, P is $1,000, and r is 15% per year. We need to solve for n:

$2,000,000 = $1,000(1+0.15)^n

Dividing both sides of the equation by $1,000, we get:

2,000 = (1.15)^n

Now we need to solve for n. Taking the natural logarithm of both sides of the equation, we get:

n ≈ log(2,000) / log(1.15)

Using a scientific calculator, we find that n ≈ 47.077.

Therefore, you would need to make the monthly investment for approximately 47 years for your account to be worth $2,000,000.

Answer:

The journal entries are as follows:

(a) On July 16,

Account receivable A/c Dr. $1,200

     To sales revenue                        $1,200

(To record Sales)

Cost of goods sold A/c Dr. $720

    To Inventory                            $720

(To record cost of goods sold)

(b) On July 19,

Sales return and allowance a/c Dr. $200

    To Account receivable                         $200

(To record sales return)

Inventory A/c Dr. $120

    To Cost of goods sold   $120

(To record cost of goods return)

(c)  On July 22,

Cash (1,000 × 98%) A/c Dr. $980

Sales discount A/c Dr.         $20

   To Account receivable               $1,000

(To record amount received)

Final answer:

A detailed explanation of recording journal entries for sales, returns, and customer payment in a perpetual inventory system for Kate Company.

Explanation:

Journal Entries for Kate Company:

Answer:

Period Forecast

12 306.2

13 394.2

14 333.6

15 419.3

Explanation:

                                                  Weights

Period Demand      older 0.3        recent 0.7    Forecast

10          274  

11          320  

12           426 82.2(274 x 30%)  224(320 x 70%)       306.2

13           294 96(320x30%)       298.2(426x70%) 394.2

14           473 127.8(426x30%)   205.8(294x70%)       333.6

15                   88.2(294x30%)    331.1(473x70%)         419.3

From the given infroamtion period n forecast will be:

(n-1) x 70% + (n-2) x 30%

Period 13 = Period 12 x 70% + Period 11 x 30%

In order to calculate forecasts using a two-period weighted moving average, weights are given to most recent observations. In this particular example, the weights of 0.7 and 0.3 are given. After calculating, forecast for period 12 is 318, for period 13 is 391.8, for period 14 is 312, and for period 15 is 414.3.

The process of calculating forecasts using a two-period weighted moving average involves applying certain weights to the most recent periods. In this specific case, you've stated that the weights are 0.7 for the most recent observation and 0.3 for the older observation. Let's calculate the forecasts:

https://brainly.com/question/32275991

#SPJ3

Answer:

We can find the capital gains yield from the following formula:

Capital Gains Yield =  Increase or decrease in the share price divided by Original cost of the shares when purchased

By putting values

Capital Gains Yield = ($52 - $36)/$52 = -30.7%

Explanation:

We can see that there is a decrease in the share price and this is also evident form the capital gains yield formula.

Answer:

a. Centralized infrastructure

Explanation:

The advantage of using a centralized infrastructure for key generation it is easier to implement, back up, and recover keys

Answer:

Accounting cycle.

Explanation:

The accounting cycle can be defined as the process that an organization identifies, analyzes and records its accounting events.

This process occurs from the moment a financial transaction is carried out, and is concluded as soon as a certain transaction is included in the company's financial statements.

Every financial statement of a company must present some characteristics, they must be based on compliance and precision, for this there is a set of rules called the accounting cycle.

Answer:

Explanation:

Year 1:

Cash collected from clients $154,000

Salaries paid to employees for services rendered during the year $27,000

Utilities $84,000

Purchase of insurance policy $58,200

So, in order to find net cash flow, $(154000-27000-84000-58200)=-15200

Year 2:

Cash collected from clients $184,000

Salaries paid 34000

Utilities paid 94000

Insurance paid is 0

So, net cash flow $184000-$(34000+94000)=$56000

Year1 paid 27000 in salaries, accrued =32000

So still 5000 has to be paid in year 2

Year 2 paid 34000 ⇒ so accrued is 29000

Insurance accrued for each year is 58200/3=19400

Income statement for year 1 and 2

                                         year1   year2

Revenue:  

Income from services 182000 232000

Expense

Salary 84000 94000

Utilities 32000 29000

Insurance 19400 19400

Net income 46600 89600

Answer:

i.  operating income for year 1 = -$15200 and year 2 = $56000

ii. income statement for year 1 =$47000 and year 2 = $89600

Explanation:

operating income shows the financial performance of a business or company. it is the difference between total operating income and total operating expenses. Base on the financial information above, the operating income for year 1 and year 2 can be calculated as:  

                                 OPERATING INCOME FOR YEAR 1 AND YEAR 2

                                                                   year 1                      year 2                                  

                                                                       $                              $

Revenue(cash received from clients      154000                        184000

less operating expenses:

salaries paid                                               84000                         94000

utilities                                                         27000                         34000

purchased insurance policy                      58200                               0      

net operating income                                -15200                           56000  

ii.                               INCOME STATEMENT FOR YEAR 1 AND YEAR 2

                                                                           year 1                   year 2

                                                                                 $                            $                  

Revenue from service                                       182000                  232000

 less total expenses:

salaries                                                               84000                     94000

utilities                                                                 32000                     29000

insurance                                                           19400                     19400  

 net income                                                         46600                   89600  

NOTE: utility cost incurred in year 1 was $32000 but utility actually paid for in year 1 is $27000 which means there is an accrued utility of $5000. in income statement, the 5000 accrued utilities is added to year 1 utilities of 27000 to make up the 32000 and this 5000 accrued utilities is deducted from year 2 utilities of 34000 to arrive the 29000 used in income statements.

Solution:

For order to apply to a child as a minor, the child must be either under the age of 19 or under the age of 24.

If the taxpayer or his spouse is deemed dependent on another tax return, the standard deduction which can be granted on the return of the taxpayer is usually limited to the higher of:

1. $1,050 or

2. The individual's earned income for the year plus $350(subject to standard deduction amount of $6,350, in general)

Here while preparing the tax returns of Adam and Amy, they have included April as a dependent. Therefore,April can be taken as a dependent in the tax return since April is still living on the support of her parents. But Adam can get standard deduction as limited as per the law in the return, disclosing April's income.

The standard deduction available is higher of

1. $1,050 or

2. $18,000+$350 but subject to $6,350

Therefore Adam can get a deduction of $6,350.

Adam and Amy Accrual may not claim their daughter April as a dependent if she provided more than half of her own support, which appears likely given her earnings compared to the support they provided. The preparer must ensure the return is accurate and may need to discuss legal obligations and consequences of incorrect claims with the client.

When it comes to claiming April as a dependent on Adam and Amy Accrual's tax return, several IRS tests must be met to determine whether she qualifies. One of the key factors includes the amount of support provided. If April provided more than half of her own support through her earnings, then Adam and Amy may not have the right to claim her as a dependent. Considering April made $18,000 and only received $3,600 ($300 per month) from her parents, it seems she provided over half of her support. Further analysis on whether April meets the age, relationship, residency, and joint return tests, as well as the support test and income considerations, would be necessary to make a definitive decision. As a tax preparer, one must ensure to the best of their knowledge that the information on the tax return is correct. If Adam refuses to accurately represent April's dependency status, you should consider discussing the situation with them, clarifying their legal obligations, and the consequences of incorrect claims. Ultimately, if you cannot reconcile the situation with accurate tax law, it would be inappropriate to sign the tax return as the preparer.

Answer:

precious gems

Explanation:

It is known as pigeon blood for its pure red color and without spots, has a value superior to diamond and has captivated the royal courts of the world for eight centuries. Miners in the Mogok Valley look for the coveted gemstone among tons of mud, working from dawn to dusk for a pay that, when it arrives, does not always do so in the form of money. "Heroine," says teaching his toothless mouth Mahn Win Maung, a miner who has been working in these quarries for two years. "Sometimes they pay in heroin."

The drug payment guarantees that the workers will return the next day to extract the rubies that finance the Burmese dictatorship, enslave thousands of workers and decorate the necks of the elite ladies in the salons of Tokyo, Milan or New York. The fate of pigeon blood could no longer contrast with its origin: poverty, AIDS, drugs and the state of semi-slavery turn the Ruby Valley, surrounded by the mountains of the border of the state of Shan, into a place taken from another time.

Ruby is a precious stone that appears in the nature of different sizes and shapes, so it offers a great possibility when carved.

Its hardness is only lower than that of the diamond which makes it one of the most resistant gemstones. In addition, as it does not have splits, it is very difficult to suffer breakages.

Ruby is a type of red corundum; those that are blue are known as sapphires, so we can actually deduce that rubies and sapphires are practically the same stones except for their color.

Burma has vast reserves of precious gemstones like rubies and jade, but widespread corruption funnels profits to military rulers, stifling economic development. These circumstances, along with a strong military grip on lucrative trades and China's economic support, render Burma one of Southeast Asia's poorest countries.

Burma has significant quantities of high quality precious gemstones such as rubies, sapphires, and jade. Despite the fact that rubies, in particular, could bring in substantial income—considering that Burma produces about 90 percent of the world's supply—corruption has prevented these riches from benefiting the country as a whole. Most notably, the profits from gem sales primarily go to Burma's military rulers, contributing to limited economic development for the population and deterring foreign investment.

Corruption on the governmental level, alongside mismanagement within the business sector, has made Burma one of the poorest countries in Southeast Asia. The country's main income-generating enterprises, including the gem trade and the lucrative drug trade from the opium-growing region of the northern Golden Triangle, are largely controlled by the military. This control has also led to an increase in opium production in recent years.

China has emerged as the main trading partner and supporter of Burma's military regime, supplying arms, infrastructure projects, and natural gas, further setting the stage for the continued authoritarian rule and stifled economic progress.

Option D, Both A & C

Explanation:

A company invested $400,000 in a technology that reduced the overall costs of production by reducing their cost per unit from $2 to $1.85 . Later, a manager has an opportunity to outsource production to another company at a cost per unit of $1.75 . If you are the manager, you should consider the $400,000 as a sunk cost, not relevant to the decision and should ignore the $400,000 fixed cost.

Sunk cost is the cost which is already incurred in past and does not have any significance in decision making.

A sunk cost is already incurred in the fields of economy and business decision-making and can not be recovered. Sunk costs are contrasted with future costs, which can be avoided if measures are taken.

Answer:

D)all of the above

Explanation:

All these are due to increase the producer surplus rather than consumer surplus. Now let's look what these variants actually mean:

1) Price discrimination is a price policy in which at the same moment the same product or service is sold to different customers at different prices, and this difference in price is not justified by the different costs of producing this product or service.

Types of price discrimination according to the classification types of seller behavior:

-Individual discrimination (seller selects individual buyers)

-Group discrimination (seller identifies groups of buyers)

-Product discrimination (seller selects individual products)

2) In industrial economics, the two-tier tariff (or two-part tariff) is a price made up of a fixed part (a subscription or a franchise) and a part proportional to the quantity of goods purchased.  The binomial tariff is widely used in industrial organization because it constitutes the simplest case of price which is not linear compared to the quantity of goods purchased. Furthermore, it can be shown that when the information is not too incomplete, it allows a principal to avoid the problem of double marginalization (the fact that an economic agent in a monopoly situation sets a higher price than that resulting from the confrontation of supply and demand in perfect competition, which allows it to maximize its profit.

3)Bundling is a bundle consisting of several products sold as a unit. Especially common in the gaming industry.

Typical and most popular bundles are the so-called game kits:

-Game console + video game

- Video card (or motherboard) + computer game

A set of games sold as a unit by a set at a fixed price, or by the principle “Pay what you want” for a limited time. In customs practice, the concept of bundles is used to refer to packaging (place) in a container. Then it can be a box (box), a pallet of goods or a bundle. Usually a bundle is an indivisible part, united either by a box (bag, box) or fixed on a pallet.

Answer:

Identity theft is a challenge in the technological environment of businesses, while the desire for green living presents opportunities for new businesses in the global environment.

Explanation:

Database present cannot be a challenge in the context of the global environment. Therefore, it is incorrect.

E-commerce, by no means, is a costly technology. It is a cost-effective technology. Therefore, it is also incorrect.

Identify theft is a challenge but war and terrorism cannot satisfy the global environment. So, it is wrong.

Identify theft is a challenge while green living presents opportunities for new businesses in the global environment. Therefore, it is the correct option.

Answer:

The correct answer is letter "C": venture capital.

Explanation:

While determining a business plan individually, managers must portrait all the situations in which the business will be handled, since the beginning until the company is up and running. Managers must consider what product or service will be offered, what the production process will be and how it is going to be organized. Besides, what kind of labor hand will be necessary according to the business. If accurate, the business plan will be put into practice.

The process of investing itself is not necessary at this stage, so the venture capital is not going to be needed yet when only making the business plan.