Amaz-a-nation reported the following data for the year just ended: sales revenue, $1,820,000; cost of goods sold, $920,000; cost of goods manufactured, $566,000; and selling and administrative expenses, $173,000. Amaz-a-nation's gross margin would be: a. $1,073,000 b. $1,254,000 c. $1,081,000. d. $507000. e. $900,000.

Answer:

The correct answer is letter "A": the price level and real GDP.

Explanation:

The model of short-run economic fluctuations is a method that measures the changes in the output level of an economy. According to this model, the increase in money supply increases production which causes prices to decrease. It considers two variables: the average level of prices and the production of the economy based on the real Gross Domestic Product (GDP).

Answer:

pretty sure true if they are very generous

Explanation:

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Answer:

A Bad Deal

Explanation:

Luke is shocked as he believe the price paid by Obi-Wan to Hans Solo is very high or overpriced. That is why the transaction between Obi-Wan and Hans Solo is an example of a bad deal.

Answer:

Luke is shocked by the price that Obi-Wan agrees on for passage to Alderon. The transaction between Obi-Wan and Hans Solo is an example of Mutually Beneficial Exchange.

Answer:

D. $30,800

Explanation:

The computation of the total assets is shown below:

= Cash + equipment + supplies

where,

Cash would be

= Capital - paid cash for equipment + borrowed amount - rent paid - supplies + received amount

= $14,000 - $11,000 + $14,000 - $600 - $300 + $3,400

= $19,500

And, the other items would be same

So, the total assets would be

= $19,500 + $11,000 + $300

= $30,800

Answer:

Ensuring that workers adhere to work timings---------- Managerial Task.

Introducing new processes to streamline training-------- Leadership Task.

Assessing the performance of his team members--------- Leadership Task.

Identifying innovative methods for service delivery-------- Managerial Task.

Planning the training schedules of the department------- Managerial Task.

Motivating workers to reach their individual goals-------- Leadership task.

Explanation:

Final answer:

Derek's tasks as Manager of Customer Relations involve managerial tasks like ensuring work timings adherence, assessing performance, and planning training schedules, alongside leadership tasks such as introducing new processes, identifying service delivery innovations, and motivating workers.

Explanation:

In fulfilling his role as Manager of Customer Relations, Derek will need to distinguish between managerial tasks and leadership tasks. Managerial tasks typically involve routine, organizational, and administrative duties while leadership tasks focus on vision, innovation, and motivating employees. Below is the classification of Derek's tasks:

Managerial tasks like assessing performance and planning training schedules are essential for maintaining order and consistency. Meanwhile, leadership tasks such as motivating workers and introducing new processes are critical for growth, innovation, and adaptability in service delivery.

Answer:

Net income for 2018 is $8,500

Net income for 2019 is $15,500

Net income for 2020 is $17,500

Retained earnings from 2018 to 2020 is $41,500

Explanation:

Net income = cash revenue - cash expense

Net income for 2018 = $19,000 - $10,500 = $8,500

Net income for 2019 = $29,000 - $13,500 = $15,500

Net income for 2020 = $39,000 - $21,500 = $17,500

Retained earnings from 2018 to 2020 = net income for 2018 + net income for 2019 + net income for 2020 = $8,500 + $15,500 + $17,500 = $41,500

Answer:

a. the law of supply.

Explanation:

This  pay scale agrees with the law of supply, which states that the higher the price, the higher the supply. We will observe that the higher the pay scale the higher the number of hours worked per week.

Answer:

A

Explanation:

The law of supply

The law of supply is basic and fundanental microeconomic law which, butresses the fact that, other factors being equal and constant, any increase in the price of a good or service increases automatically makes the quantity of goods or services that suppliers offer will increase, and it is the same vice versa. The law of supply says that as the price of an item increases, suppliers will attempt to maximize their profits by increasing the quantity offered for sale.

Answer:

1) The statement is: True.

2) The correct answer is letter:  Cost-Benefit Analysis.

Explanation:

2) The Cost-Benefit Analysis is a tool used to make decisions based on cost and benefit. You can use the Cost-Benefit Analysis to evaluate a single option or compare two or more alternatives to choose the best. The Cost-Benefit Analysis is used to calculate all the costs of a particular decision and compare them with the expected benefits of that decision.

1) In the example, driving on a street has the cost of being in danger of crashing but the benefit of traveling comfortably in your vehicle. Ford selling cars could cost some of them -for an "x" reason- to explode but the benefit is to profit from the sales. Thus, there is no fundamental difference comparing the costs individuals are exposed while driving a car on the street and Ford being exposed to their cars' explosion.

Answer:

The statement is: False.

Explanation:

A partnership is an organization where two or more owners operate a business. They share the profits in proportion to their percentage partnership interest. There are two types of partnerships: general partnerships (unlimited liability) and limited partnerships (the liability is proportional to the amount of the money the partners contribute to the partnership).

If one of the partners retires, wants to exit the partnership, passes away or if a new partner will be added, the partnership is dissolved and a new partnership is formed.

It is true that partnerships often include provisions for adding or removing partners in their agreements, which allows the business to continue without creating a new agreement. This flexibility makes partnerships manageable and capable of adapting to changes in ownership.

True, many partnerships provide for the admission of new partners or withdrawals of present partners in the partnership agreement so that the firm may continue to operate without executing a new agreement. This is often stipulated in the partnership paperwork, allowing for a more efficient business operation and the ability to easily attract investors or address the withdrawal of existing partners. Partnerships are a flexible form of business, which can be an advantage, as they allow existing partners to manage transitions without dissolving the business entity.

There are several positive aspects of a partnership: it is straightforward to start up a business with a partnership agreement, partnerships are easy to manage, and there are no special taxes on partnerships. Additionally, partnerships can hire additional employees to support the growth of the business.

However, the main disadvantage of partnerships is the joint responsibility for each partner's actions. If one partner defaults on their responsibilities or makes poor decisions, other partners may be held accountable, potentially affecting the firm's continuity and finances. This risk emphasizes the importance of clearly outlined terms in the partnership agreement regarding the addition or withdrawal of partners.

Answer:

The correct word for the blank space is: a joint venture.

Explanation:

In a joint venture, two or more businesses agree to contribute to capital and resources for a common project. Usually, developers, manufacturing companies, and service providers agree to produce a good. If successful, those parties split the profits based on the value of their respective contribution to the joint venture.

Answer:

Higher

Explanation:

The formula to compute the inventory turnover ratio is show below:

= Cost of goods sold ÷ average inventory

where,  

Average inventory = (Opening balance of inventory + ending balance of inventory) ÷ 2

It shows a relation between the cost of goods sold and the average inventory which is shown above.

The more long sales request will higher the inventory turnover ratio and therefore inventory turnover ratio is performing better

Answer:

Explanation:

1. Make to stock

Average inventory = Order quantity/2 = 500/2 = 250

Inventory holding cost = average inventory multiplied by unit holding rate = 250 *5 = 1250

2. Make to order

Discount = 5000*5 = 25000

It is better to stock and produce because costs are low

Answer:

According to the provisions of the Dodd-Frank Act, publically listed companies now must allow shareholders to vote on executive compensation.

Explanation:

In the aftermath of the financial crises of 2008, shareholders of public companies were given the right to vote or in short have their say on executive compensation matters or rules framed by the directors.

The said rule conferred a right on the shareholders to vote once in three years on executive compensation so as to keep excessive compensation to executives in check.

The companies in such a scenario ain't bound by such votes but such a right to shareholders represents their outlook on the decisions made by the Board.

Answer:

for sixth tasks, she will spend 77% of 5.98 minutes =`4.60 minutes

Explanation:

Mary Catherine is a recent employee

initial time requires 17 minutes to complete a task

as she get use to the task, her experiences a learning rate is found to be 77% for each task,

how much time will it take her to complete the sixth task?

Now, we need to calculate per task

the first task, she spend 17 minutes

for second tasks, she will spend 77% of 17 minutes =

 = 0.77 * 17 = 13.09 minutes

for third tasks, she will spend 77% of 13.09 minutes   =

 = 0.77 * 13.09 minutes =  10.08 minutes

for fourth tasks, she will spend 77% of 10.08 minutes =

 == 0.77 * 10.08 minutes =  7.76 minutes

for fifth tasks, she will spend 77% of 7.76 minutes =

 == 0.77 * 7.76 minutes =  5.98 minutes

for sixth tasks, she will spend 77% of 5.98 minutes =

 == 0.77 * 5.98 minutes =  4.60 minutes

Answer:

$6240

Demand Inflation

Explanation:

Demand inflation also known as Demand-pull Inflation is an economic condition whereby there is an increase in price due to aggregate demand exceeding the aggregate supply of goods and services. This is when there is excess amount of money in the system and there are fewer goods and services. This leads to inflation.

Final answer:

To calculate the adjusted balance for Prepaid Insurance, we subtract the expired portion of $2,200 from the initial balance of $3,500, resulting in an adjusted balance of $1,300 at December 31, 2022.

Explanation:

The subject of the question is determining the adjusted balance for the Prepaid Insurance account at the end of the accounting period after recognizing the expired portion of the insurance coverage. The beginning balance in the Prepaid Insurance account was $3,500. Since it was determined that $2,200 of the Prepaid Insurance had expired, we need to subtract this amount from the initial balance to find the adjusted balance. The calculation is as follows:

Adjusted Prepaid Insurance balance = Beginning Prepaid Insurance balance - Expired Prepaid Insurance

Adjusted Prepaid Insurance balance = $3,500 - $2,200

Adjusted Prepaid Insurance balance = $1,300

So, the adjusted balance for Prepaid Insurance at December 31, 2022, will be $1,300.

Answer:

An equity security can be defined as the stocks owned by someone of another company. This will give the stockholder opportunity a power to influence the operational and management decision of the company. Based on the number of shares, the accounting method is decided for the same.

In equity method, the profits earned by the investments of stockholders in other companies are determined by the company. Companies use the equity method to record the investments as soon as they make the investments.

Option A:

Since they had to show the investment in the income statement before as well, option A is not correct.

Option B:

No adjustment entry would be made for the prior years as for the past years, only 10% was owned. So option B is also incorrect.

Option C:

This option is correct because the equity method starts from the time the investment is made.

Option D:

No change will be made at the end of Hawkins. So option D is also incorrect.

So the answer to the question is option C.

Answer: B the measure of consequential damages is $100. Because Adam would have a profit of $100 is Ben had not refused to supply the coal.

Answer:

d. Assessment of goal attainment

Explanation:

In cases where an alliance occurs between a parent firm and a subsidiary, the parent firm subjectively measures performance by assessing the extent to which the alliance has contributed to achieving the organization's goals.

Answer:

The Journal entries are as follows:

(i) On December 31,

No entry

(ii) On December 31,

Amortization expense A/c Dr. $16,000

           To Patents A/c                            $16,000

(To record the amortization expenses)

Workings:

Amortization expense:

= (Purchasing cost of patent ÷ Estimated useful life) × Time period

= ($144,000 ÷ 6) × (8/12)

= $24,000 × (8/12)

= $16,000

To record amortization at December 31, no entry is needed for goodwill due to its indefinite life. For the patent, an adjusting entry debits Amortization Expense and credits Patent Accumulated Amortization for $16,000, reflecting 8 months of amortization.

The question deals with recording amortization for both goodwill and a patent according to the events described. Goodwill, with an indefinite life, is not amortized but may be subject to impairment tests. The patent, however, has a definite useful life over which it should be amortized.

Adjusting Entries at December 31

No amortization entry is required for goodwill since its life is indefinite. It should be reviewed annually for impairment.

For the patent purchased on May 1 for $144,000 with a 6-year useful life, the annual amortization expense would be $24,000 ($144,000 / 6 years). However, since the patent was purchased partway through the year, only 8 months (May through December) of amortization should be recorded for the first year. This amounts to $16,000 ($24,000 × 8/12 months).

The necessary adjusting entry for the patent on December 31 is to debit Amortization Expense for $16,000 and credit Patent Accumulated Amortization for $16,000.

Answer:

a.Payment for meals

Explanation:

Opportunity cost is referred to as the next best alternative.

Opportunity cost means the benefits foregone of the non chosen alternative when an alternative is chosen from the available set of options which includes the non chosen option.

For e.g storage of money at home has an opportunity cost in the form of loss of interest had the same money been invested elsewhere apart from assuming the risk of loss of theft.

In the given case, the opportunity cost of being a full time student at a university instead of working full time at a job includes the opportunity cost in the form of income from that full time job in addition to specific expenses incurred for being a full time student such as Payment for tuition, Payment for books.

Thus, payment for meals represents a common cost which would've been incurred anyway irrespective of whether one attends full time college or does a full time job.

The opportunity cost of being a full-time student includes tuition, books, and meal payments, but not the income from the foregone job, which is the essence of what opportunity cost represents.

The question asks about the opportunity cost of being a full-time student at a university instead of working full-time at a job, which includes all but one of the listed options. The correct answer to this is d. Income from the full-time job. This is because opportunity cost refers to the benefits or income one gives up by choosing one option over another. In this context, the opportunity costs of attending college as a full-time student include the tuition fees, payments for books, and even the cost for meals related to being in college, but not directly the income from a job you didn't take. That income represents the actual foregone benefit, making it the essence of the opportunity cost calculation in this scenario.

Opportunity cost is a fundamental concept in economics that encompasses the value of the best alternative you give up when you make a decision. For a college student, while the out-of-pocket expenses like tuition fees, book payments, and even meal payments are direct costs, the true opportunity cost also includes the income they could have earned if they were not in school. This is because, by choosing to study, they are sacrificing the chance to earn an income during this period, hopeful in gaining greater earnings in the future due to higher education.

Answer: D- 9.12%

Explanation:The current net income percentage is calculated thus:

Current year net income = $59,120

Prior year net income = $53,700

diff in btw the two period = $59, 120-$53,700 = $5,420

current year net income percentage = $5,420/$59,120 = 0.0912779 *100

= 9.12%

Answer:

Effectiveness

Explanation:

Organizational effectiveness shows the extent to which resources have been efficiently managed to produce intended results.

Efficiency has to do with maximal uses of resources available (i.e  input versus output) while effectiveness show whether desirable outcomes have been achieved i.e whether organizational objectives are being achieved.

The measurement of how efficiently and effectively a manager uses resources to satisfy customers and achieve organizational goals is known as organizational efficiency (option b).

The measurement of how efficiently and effectively a manager uses resources to satisfy customers and achieve organizational goals is known as organizational efficiency.

Efficiency is a key concept in business management. It refers to the ability of a manager to optimize the use of resources, such as time, money, and manpower, to achieve desired outcomes.

For example, a manager who carefully plans and coordinates tasks, eliminates waste, and maximizes productivity is considered efficient. This can lead to cost savings, increased customer satisfaction, and overall success for the organization.

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Answer:

Explained below.

Explanation:

An organization that utilizes an accrual system can't challenge a reduction in the investment of a relevant group. For example, a more than 50% shareholder, continuously the recipient notifies that value as profit. Lupe a cash base taxpayer that needs to report the $100,000 reward in the year 2016 that year in which he accepts the payment. The Jasper Corporation may subtract the $100,000 bonus in the year 2016 the concerned year Lupe is needed to report it as similar to income.

Answer:

1. Hamburger buns in a Wendy's outlet.  (Variable) (Product)

2. Advertising by a dental office. (Fixed) (Period)

3. Apples processed and canned by Del Monte. (Variable) (Product)

4. Shipping canned apples from a Del Monte plant to customers. (Variable) (Period)

5. Insurance on a Bausch & Lomb factory producing contact lenses. (Fixed) (Product)

6. Insurance on IBM's corporate headquarters.  (Fixed) (Period)

7. Salary of a supervisor overseeing the production of printers at Hewlett-Packard. (Fixed) (Product)

8. Commissions paid to automobile salespersons. (Variable) (Period)

9. Depreciation of factory lunchroom facilities at a General Electric plant. (Fixed) (Product)

10. Steering wheels installed in BMWs. (Variable) (Product)

Explanation:

Fixed Cost: Fixed, and does not depend on production.

Variable Cost: Not fixed and varies according to production

Product Cost: Directly attributable to Product e.g. Direct Material, Direct Labour,etc.

Period Cost: Revenue expenditure, spread through time.

Answer:

O Asian countries are abundant in low-skilled labor, and so items can be manufactured at lower opportunity cost

Explanation:

The H-O model states that  countries such produce  goods and services that it can efficiently and effectively manufacture or produce at a lower cost of production.

Asian countries are abundant in low-skilled labor, and so items can be manufactured at lower opportunity cost.

Answer:

$140 million

Explanation:

Given that,

Ending Retained Earnings = $1,140 million

Beginning Retained Earnings = $1,200 million

Net Income = $80 million

Ending Retained Earnings = Beginning Retained Earnings + Net Income - Dividends

$1,140 million = $1,200 million + $80 million - Dividends

Dividends = $1,200 million + $80 million - $1,140 million

                 = $140 million

Therefore, the dividend of $140 million were paid to shareholders during the year.

Answer:

  Investment Cost

January 1, 2013  =                                     $62,400

January 1, 2014  =                                     $54,000

                                                                 $116,400

  Fair Values          

25% of   $468,000                                  $117,000  

On Deuce's December 31,2014 balance sheet, $116,400.00 will be reported for the investment in Wiz corporation account.   This is because the investment cost of $116,400 is lower when compare with fair value of  $117,000.                            

Explanation:

The carrying amount for investments is the lower of cost and fair  value.

On the December 31, 2014 balance sheet, Deuce would report a balance of $123,600 for the investment in Wiz Corporation account. The computation incorporates both cost and equity method, considering different levels of influence over the investments.

The balance reported for Deuce's investment in Wiz Corporation on Deuce's December 31, 2014 balance sheet would be calculated differently for the two separate purchases due to their different levels of influence on Wiz's decision making.

For the initial 15% purchase, Deuce would simply record the investment at cost because they didn't have significant influence over Wiz at this time. So, the investment account for this transaction would be $62,400.

The second purchase, however, gave Deuce the ability to significantly influence Wiz's decision making, and therefore it should apply the equity method for this investment. Initially, it would record the 10% purchase at cost, which is $54,000.

Further, under the equity method, Deuce adjusts this balance by its proportionate share of Wiz's earnings and subtracts any dividends received. Wiz earned $120,000 in 2014 and paid dividends of $48,000. So, Deuce would add to the investment account (10% of $120,000 = $12,000) and subtract the dividends received (10% of $48,000 = $4,800), so the increase due to the equity method would be $7,200.

By adding the two balances together we have $62,400 (initial investment) + $54,000 (second purchase) + $7,200 (equity method adjustment) = $123,600. So, Deuce would report a balance of $123,600 for the investment in Wiz Corporation account on its December 31, 2014 balance sheet.

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Answer: B & E

Explanation:

If a subsidy is provided for the production of helmets, the demand curve is unaffected, but the supply curve shifts to the right.  A production subsidy encourages production because it reduces costs for the producer. However, it will not affect market demand.

A government subsidy on the production of helmets will cause the supply curve to shift to the right, indicating an increase in supply at every price level. The demand curve remains the same initially, but the subsidy can indirectly affect the quantity demanded by making helmets more affordable.

To determine the effect of the government subsidy on the production of helmets, we need to consider how it affects the supply curve and the demand curve. Subsidies are financial contributions from the government to producers, which effectively reduce the cost of production. A subsidy does not directly affect the demand curve; instead, it leads to an increase in supply because it lowers production costs, making it cheaper for producers to supply more at every price level.

The correct answer to the given question would be E. The supply curve for helmets will shift to the right. This is because the subsidy makes it less expensive for producers to make helmets, encouraging them to make more. The increased supply can lower the market price of helmets, making them more affordable to consumers without directly altering the demand curve. Therefore, the demand curve for helmets will remain the same initially (answer B), but the effect of a lower price may eventually increase the quantity demanded.

The given statement is false

Explanation:

Asset allocation is an important because it is an investment strategy in which there will be risks involving the tolerance the goal and the investment of the time frame and the main focus will be done on the characteristics of the portfolio

All the risks and the rewards will be balanced by using the percentage of investment in each assets and also by adjusting the investments and the percentage so the given statement is false