For the month of May 2020, Ceres Corporation, which uses the direct write-off method in accounting for uncollectible accounts receivable, has the following information: Cash sales $40,000 Cash received on accounts receivable $32,000 Accounts receivable, May 1, 2020 $105,000 Accounts receivable, May 31, 2020 $92,000 Accounts receivable written off as uncollectible $2,000 What are the gross sales for May 2020

Answers

Answer 1

Answer and Explanation:

$61,000 = 40000+32000-13000+2000

Find the difference between the beginning and ending accounts receivable.

$105,000 - $92,000 = $13,000

Subtract this from the cash received on accounts receivable to find the amount of credit sales.

$32,000 -$13,000 = $19,000

Add this to the cash sales.

$19,000 + $40,000 = $59,000

Adjust for the direct write offs.

$59,000 + $2,000 = $61,000

Answer 2

Answer:

$61000

Explanation:

Gross sales refers to the total number of sale transactions that occurred in a given period. From the given data,

Difference between ending (may 31) and beginning (may 1) account receivables

= 105000 - 92000

= $13,000

Next, cash received on accounts receivable is subtracted from $13,000 to find the amount of credit sales.

Thus,

32,000 - 13,000 = $19,000

This is added to the cash sales of 40,000

Thus,

19,000 + 40,000 = $59,000

Adjust for the direct write offs

Therefore

Sales + Uncollectible = gross sales

59000 + 2000

= $61000


Related Questions

Your company's HR director is a believer in trait theories of leadership. He believes that he can differentiate leaders from nonleaders by focusing on personal qualities and characteristics. The HR director plans to promote Lawrence, a highly extraverted manager with a great deal of ambition and energy to the position of VP, Manufacturing. He asks for your expertise in helping him to apply trait theory to leadership selection within your company. The director believes that because of his innate characteristics, Lawrence will be highly effective at helping the company achieve its production goals. You advise the director against basing his decision purely on traits because ________.

Answers

leadershipCorrect/Complete Question:

Your company's HR director is a believer in trait theories of leadership. He believes that he can differentiate leaders from nonleaders by focusing on personal qualities and characteristics. The HR director plans to promote Lawrence, a highly extraverted manager with a great deal of ambition and energy to the position of VP, Manufacturing. He asks for your expertise in helping him to apply trait theory to leadership selection within your company. The director believes that because of his innate characteristics, Lawrence will be highly effective at helping the company achieve its production goals. You advise the director against basing his decision purely on traits because ________.

A) research has identified emotional stability as the strongest predictor of leadership effectiveness

B) studies have found that the Big Five traits are difficult to identify in leaders

C) studies have shown that traits are poor predictors of leadership effectiveness

D) research has found that conscientiousness is a better predictor of effectiveness than extraversion

E) research has shown that effective managers are often unlikely to become effective leaders

Answer:

C, studies have shown that traits are poor predictors of leadership effectiveness

Explanation:

As much as traits can help predict leaders from non leaders, it is not adequate to distinguish the effectiveness or lack of it as a leader.

In the case of the above question, it is proper to advise the HR against making Lawrence a VP for manufacturing becase just his traits won't be enough to efficiently discharge his duties in that role.

Cheers. i hope this helps

Russ is the project manager of a multinational team with members in Ireland, Malaysia, and the United States. Once a week, the team meets using video and audio links on their computers so that they can see, hear and talk with one another. What technology does this best describe?

Answers

Answer:

Videoconferencing.

Explanation:

The video conferencing is the technology that helps more than two persons to interact with each other on call due to the use of telecommunication advancements and using the 3G or 4G internet surfing. The technology that enabled the project manager of multinational team interact with all of the team members at the same time is videoconferencing.

With respect to each of the following changes, identify whether the demand curve will shift rightward or leftward:a.An increase in income (the good under consideration is a normal good)b.A rise in the price of a substitute good (caused by a decline in supply)c.A rise in expected future price d.A fall in the number of buyers

Answers

Answer:

A. The demand curve will shift to the right.

B. The demand curve will shift to the right.

C. The demand curve will shift to the right.

D. The demand curve will shift to the left.

Explanation:

Demand curve: It is graph plotted to represent relationship between the quantity demanded of a good and its price when all other influences on demand remain constant.

We know as per law of demand, with the change in price of goods, demand of goods changes. As price increases, demand decreases and as price decreases, demand increases.

With the decrease in demand, demand curve shift to left side of the graph.

With the increases in demand, demand curve shift to right side of the graph.

A. An increase in income will increase the demand of goods, therefore the demand curve will shift to the right.

B. A rise in the price of a substitute good will increase demand of the product, therefore the demand curve will shift to the right.

C. A rise in expected future price will increases the current demand for that good, therefore the demand curve will shift to the right.

D. A fall in the number of buyers will decrease the demand of the product, therefore the demand curve will shift to the left.

Final answer:

An increase in income for a normal good, rise in the price of substitutes, and higher expected future prices of a good cause rightward shifts in the demand curve, indicating an increase in demand, while a fall in the number of buyers results in a leftward shift in the demand curve, indicating a decrease in demand.

Explanation:

In economics, understanding how different factors affect the demand curve is crucial. The demand curve can shift either rightward, indicating an increase in demand, or leftward, indicating a decrease in demand, for different reasons.

An increase in income for a normal good results in a rightward shift of the demand curve.If there is a rise in the price of a substitute good, this causes a rightward shift of the demand curve for the considered good.A rise in expected future prices of a good typically leads to a rightward shift of the demand curve, as consumers are likely to purchase more now in anticipation of higher future prices.A fall in the number of buyers leads to a leftward shift in the demand curve, as there are fewer people in the market for the good.

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You want to retire exactly 40 years from today with $1,970,000 in your retirement account. If you think you can earn an interest rate of 10.15 percent compounded monthly, how much must you deposit each month to fund your retirement

Answers

Final answer:

To retire with $1,970,000 in 40 years at a 10.15% interest rate compounded monthly, approximately $940.37 must be deposited each month.

Explanation:

To determine how much must be deposited each month to retire with $1,970,000 in 40 years at an interest rate of 10.15 percent compounded monthly, we use the formula for the future value of an annuity:

FV = P × { [((1 + r)^n) - 1] / r }

Where:
FV is the future value of the annuity, which is $1,970,000.
P is the periodic payment (monthly deposit).
r is the monthly interest rate (10.15% annual rate / 12 months).
n is the total number of payments (40 years × 12 months).

First, we convert the annual interest rate to a monthly rate:

r = 10.15% / 12
r = 0.84625%

Next, we calculate the total number of months:

n = 40 years × 12 months/year
n = 480 months

Now, we can solve for P using the FV of the annuity formula:

$1,970,000 = P × { [((1 + 0.0084625)^480) - 1] / 0.0084625 }

After performing the calculations:

P ≈ $1,970,000 / 2095.120122
P ≈ $940.37

Therefore, a monthly deposit of approximately $940.37 is needed to fulfill the retirement goal.

A dry cleaning business offers a pick-up and delivery service for a 10 percent surcharge. Management believes 60 percent of the existing customers will take advantage of this service. They are also considering offering customers the option of opening an account and receiving monthly bills. They believe 60 percent of customers (regardless of whether or not they use the pick-up service) will use the account service. If the two services are introduced to the market, what is the probability a customer uses neither of these services

Answers

The probability that the consumer would use both the services is 0.36.

Explanation:

Probability is a numerical portrayal of how likely an occasion is to happen or how likely it is that a suggestion is valid. Likelihood is a number somewhere in the range of 0 and 1, where, generally, 0 demonstrates inconceivability and 1 shows assurance.

Since the probability of using the account service is 0.6, if two services are introduced in the market, then the probability would use neither of the services would be 0.6 into 0.6 which is 0.36.

Final answer:

To find the probability that a customer uses neither the pick-up and delivery service nor the account service, we can find the complement of both events and calculate the probability of their intersection. The probability is 0.64.

Explanation:

To calculate the probability that a customer uses neither the pick-up and delivery service nor the account service, we need to find the complement of the events. Let's denote the event of using the pick-up and delivery service as A, and the event of using the account service as B. We are given that 60% of existing customers will use the pick-up and delivery service (P(A) = 0.60), and 60% of customers will use the account service regardless of whether they use the pick-up and delivery service (P(B) = 0.60).

To find the probability of a customer using neither service, we need to find P(A' ∩ B'), which represents the complement of both events A and B. The formula for finding the probability of the intersection of two events is P(A ∩ B) = P(A) * P(B).

However, we want to find the complement of both events, so we subtract the probability of their intersection from 1. Therefore, the probability of a customer using neither service is given by:

P(A' ∩ B') = 1 - P(A ∩ B)

Substituting the known probabilities, we get:

P(A' ∩ B') = 1 - (P(A) * P(B))

P(A' ∩ B') = 1 - (0.60 * 0.60)

P(A' ∩ B') = 1 - 0.36

P(A' ∩ B') = 0.64

Rollerbeam Inc., a provider of engineering services, is looking to hire several maintenance engineers. Rollerbeam's HR department checks with the company's engineering department to confirm that the scenarios mentioned in the test are plausible real-world scenarios that maintenance engineers might face. Which of the following types of validation is Rollerbeam's HR team performing?a. Criterion
b. Concurrent
c. Content
d. Predictive

Answers

Answer:

Content validation

Imagine that a major car company has been able to plan production to coincide with sales forecasts. As new inventory comes into the showroom, customers purchase it, and there is no unsold inventory and no unfilled orders. How can we best describe this phenomenon?

Answers

Answer:

JIT production and JIT purchasing

Explanation:

JIT production and JIT purchasing under this process entity does not have extra material in stores and extra inventory produced.

as per the just in time

there is no benefit of holding inventory at stores

producing extra units does not add value they are useless until they are sold.

According to just in time inventory should be purchased when order has been placed and production process should start in order to meet the customers orders.

there are some conditions for this process

there should be very system to meet the order  on time

there should be relaible production system units produced should not be poor quality goods

there should reliable suppliers to supply the material on time to meet the customers orders and avoid the stock out costs.

The teaching profession in the United States has been understaffed in recent years. The non-profit organization Teach for America identifies, selects, motivates, develops, compensates and evaluates qualified candidates to teach in public schools. This process is known as:______.
a. human resource management.
b. recruiting and developing.
c. scheduling and managing.
d. on-the-job training.
e. management development.

Answers

Your answer is: A. Human Resources management.

When formulating new products, if an offending flavor is present, the food scientist should consider using a: Select one: a. Masker b. Enhancer c. Blocker d. Both A and C are correct

Answers

Answer:

a. Masker

Explanation :

When formulating a new product the food scientist finds an offending flavor is present in the food substance he is more likely to use a masker as to cover or balance the flavor with something else and thereby formulating a modified new product. Maybe the addition of a new substance or changes in the taste of the product.

Whistler Corp. performed services for a customer but has not yet recorded payment, nor has it recorded any entry related to the work. Which of the following accounts are involved in the adjusting entry: (a) asset, (b) liability, (c) revenue, or (d) expense

Answers

Answer:

(a) asset

(c) revenue

Explanation:

On accrual accounting when a business performs a service but has not yet received payment, the entry is recorded in an asset account called Accounts receivable.

Accounts receivable contains all revenue that is owed by other parties to the business but have not been settled yet.

In the adjusting entry the asset account- Account receivable is now debited for the amount received and a credit is passed to Revenue account.

The adjusting entry is passed when the payment is received for services rendered.

Final answer:

The adjusting entry that Whistler Corp. needs to make for performing services without yet receiving payment involves an asset (accounts receivable) and revenue (service revenue).

Explanation:

Whistler Corp. has performed services but has not recorded payment, nor any entry related to the work. In accounting terms, this means that Whistler Corp. has earned revenue but has not yet received payment. Therefore, the transaction involves recognizing an account receivable, which is an asset, and service revenue.

As they have not received payment, an adjusting entry will typically involve debiting accounts receivable (to show the asset that the company expects to collect) and crediting service revenue (to record the earnings that have occurred as a result of the service provided).

No expenses or liabilities such as accounts payable are recorded in this transaction because the company has performed a service, not received a good or service. The revenue recognition principle in accrual accounting dictates that revenue is recognized when earned, regardless of when cash is received.

Calculate the product of savings and growth_multiplier. Store the result in year1. What do you think the resulting type will be? Find out by printing out the type of year1. Calculate the sum of desc and desc and store the result in a new variable doubledesc. Print out doubledesc. Did you expect this?

Answers

Explanation:

growth_multiplier  is 1.1

savings = 100

desc = "compound interest "

# Place product of growth_multiplier and savings  to year 1

Year 1 =  growth_multiplier* savings  

# Print  

print(type(year1))

Now,

# Place addition of desc & desc  

doubledesc  will be  desc + desc

# Print doubledesc

print(doubledesc)

Final answer:

The product of savings and growth_multiplier would result in a float data type. Adding desc to itself doubles the string and would result in a string data type.

Explanation:

To calculate the product of savings and growth_multiplier, you would use a multiplication operation. For example, if savings is 200 and growth_multiplier is 1.03 (representing a growth of 3%), year1 would be calculated as 200 * 1.03. The resulting type of year1 would then be identified as a float (decimal number), as both inputs are numerical and the operation is mathematical multiplication. You can print the type of year1 using the 'type' function in the programming language you are using.

Next, when you calculate the sum of desc and desc, you're essentially doubling the desc value. Let's say desc is a string type containing 'Hello', doubledesc would then be 'HelloHello'. When you print out doubledesc, the resulting output should be the desc string repeated twice. The type of doubledesc would be string, assuming desc was a string.

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Grady Home Health has a profit margin of 15 percent on sales of $20,000,000. If the firm has debt of $7,500,000 and total assets of $22,500,000, what is Grady's return on assets (ROA)

Answers

Answer:

The ROA is 20%

Explanation:

The Return on Asset is the ratio of a company's net income compared to its asset.  It is used to show how profitable the assets a company has is to the company.

mathematically it is represented as;

ROA = (net income) ÷ (total asset)

let us calculate net income first.

net income = 15% on sales of $20,000,000

= 15/100 × 20,000,000

= 0.15 × 20,000,000 = $3,000,000

Asset = Total asset - debt = 22,500,000 - 7,500,000 =$15,000,000

∴ ROA = 3,000,000 ÷ 15,000,000 = 0.2

converting to percentage; 0.2 = 20/100 = 20%

Final answer:

Grady Home Health's return on assets (ROA) is calculated by dividing its profit by the total assets. The profit is found by applying the 15% profit margin on the $20,000,000 sales, resulting in a ROA of 13.33%.

Explanation:

The student asked about calculating Grady Home Health's return on assets (ROA). The profit margin is given as 15 percent on sales of $20,000,000. To find the profit, we multiply the sales by the profit margin: $20,000,000 * 15% = $3,000,000. The ROA is then found by dividing this profit by the total assets. With total assets of $22,500,000, the ROA calculation would be $3,000,000 / $22,500,000, which equals approximately 0.1333 or 13.33%.

If the selling price per unit is​ $66, variable expenses per unit are​ $41, target operating income is​ $31,000, and total fixed expenses are​ $21,000, how many units must be sold to reach the target operating​ income?

Answers

oi oi siempre todos

Explanation:

mmm... los dias es ooh oop

If the salaries of the sales staff of a manufacturing company are improperly recorded as a product cost, what will be the likely effect on net income of the period in which the error occurs?

Answers

Answer:

Net Income will be overstated

Explanation:

The journal entry for salaries payable is

Salaries Expense                        Dr.

    To Cash A/C

(Being salaries paid recorded)

Salaries expense is charged to net income and the journal entry is

Net Income                                  Dr.

    To Salaries Payable

Salaries expense reduces net income as it being a deductible expenditure for a corporate.

In the given case,  salary expense has been accounted as a product cost. This would reduce the expenses and thus would overstate the net income.

On December 31, year 3, Byte Co. had capitalized software costs of $600,000 with an economic life of four years. Sales for year 4 were 10% of expected total sales of the software. At December 31, year 4, the software had a net realizable value of $480,000. In its December 31, year 4 balance sheet, what amount should Byte report as net capitalized cost of computer software?
a. $432,000
b. $450,000
c. $480,000
d. $540,000

Answers

Answer:

correct option is b. $450,000

Explanation:

given data

capitalized software costs = $600,000

expected total sales = 10%

sale = 4 year

net realizable value = $480,000

solution

we get here net capitalized cost of computer software that is express as

net capitalized cost of computer software =  Year 1 balance - Year 2 amortization .................1

here

Year 2 amortization is

Year 2 amortization = capitalized software costs ÷ total projected sale .......2

Year 2 amortization = [tex]\frac{600000}{4}[/tex]  

Year 2 amortization = $150,000

so here

Year 2 net capitalized cost is = $600,000 - $150,000

Year 2 net capitalized cost is  $450000

so correct option is b. $450,000

"New Millennium Enterprises institutes a training program that teaches employees how to treat customers with respect. Three weeks later the trained employees are observed at work to see how they treat their customers. This is an example of a _________ criterion."

Answers

Answer:

Hi, you haven't provided the options to the question, so I will just give the answer in my own words and you can check with the options.

Answer is: BEHAVIOR CRITERION

Explanation:

Training evaluation refers to the process of collecting the outcomes needed to determine if training is effective. A training program should give the following resulting changes (criteria): Reaction, learning, behavior, and result.

* Reaction measures how participants react to the training (e.g. satisfaction).

* Learning analyzes if they truly understood the training (e.g. increase in knowledge, skills or experience).

* Behaviour: this helps to understand how well participants apply their training. It measures how much participants have changed their behavior as a result of the training they received.

Behavior is designed to determine if the newly acquired skills or knowledge or attitude are being used in the everyday environment of the learner.

*Results determines if the material has a positive impact on the business or organization.

Therefore, the answer that best suits the question is BEHAVIOR CRITERION.

Titan Info Group is a software consulting firm based in Redmond. The firm uses a standardized job analysis questionnaire containing 194 questions about work behaviors, work conditions, and job characteristics that apply to a wide variety of jobs. In this scenario, Titan Info Group is using A) a utilization analysis. B) the Fleishman Job Analysis System. C) a work flow design. D) a conjoint analysis. E) the Position Analysis Questionnaire.

Answers

Answer:E) the Position Analysis Questionnaire.

Explanation:The Position Analysis Questionnaire is a structured job analysis questionnaire that aids the user in conducting a quantified analysis of a given job. To complete a job analysis using the Position Analysis Questionnaire, the user reviews background information, observes the job, and conducts thorough interviews with job incumbents to determine job content then rates the extent to which each item on a standard list of Position Analysis Questionnaire job elements applies to that particular job. There are six types of rating scales used in the Position Analysis Questionnaire: Extent of Use; Importance to This Job; Amount of Time; Possibility of Occurrence; Applicability; and Item-Specific scales.

Final answer:

Titan Info Group is using the Position Analysis Questionnaire, a standardized job analysis questionnaire.

Explanation:

The software consulting firm, Titan Info Group, is using the Position Analysis Questionnaire. This standardized job analysis questionnaire consists of 194 questions about work behaviors, work conditions, and job characteristics that apply to a wide range of jobs. The purpose of the questionnaire is to collect information and data regarding job requirements and responsibilities, enabling the firm to accurately describe the tasks and characteristics of different positions.

Producer surplus is A. the difference between the lowest price a firm would be willing to accept and the price it actually receives. B. the difference between the highest price a consumer is willing to pay and the price the consumer actually pays. C. the difference between the lowest price a firm would be willing to accept and marginal cost. D. the market price multiplied by the number of units sold by a firm. E. the difference between the highest price a consumer is willing to pay and the lowest price a firm would be willing to accept.

Answers

Producer surplus is the difference between how much a person would be willing to accept for given quantity of a good versus how much they can receive by selling the good at the market price. The difference or surplus amount is the benefit the producer receives for selling the good in the market.

How does a government budget deficit occur? A nation earns more on exports than it spends on imports. A government's spending exceeds its tax revenues. A government's tax revenues exceed its spending. If a nation carries a public debt, it must be running a deficit every year.

Answers

Answer:

The answer is B. government's spending exceeds its tax revenues

Explanation:

Government budget records deficit if its spending is more than its revenue. The main source of government revenue is from tax. And government record surplus if its revenue is more than its spending.

One of the disadvantages of government budget deficit is that inflation rate will be rising. Government might spend to stimulate the economy.

Answer:B

Explanation:

A firm derives revenue from two sources: goods X and Y. Annual revenues from good X and Y are $10,000 and...?

A firm derives revenue from two sources: goods X and Y. Annual revenues from good X and Y are $10,000 and $20,000, respectively. If the price elasticity of demand for good X is -4.0 and the cross-price elasticity of demand between Y and X is 2.0 then a 2 percent price decrease will


a. Increase total revenues from X and Y by $520

b. Decrease total revenues from X and Y by $520

c. Leave total revenues from X and Y unchanged

d. Decrease total revenues from X and Y by $600

Answers

Final answer:

A 2% price decrease will increase total revenues from goods X and Y by $520.

Explanation:

The price elasticity of demand measures how responsive the quantity demanded of a good is to a change in price. A price elasticity of demand of -4.0 indicates that a 1% decrease in price will result in a 4% increase in quantity demanded. The cross-price elasticity of demand measures how the quantity demanded of one good changes in response to a change in the price of another good. A cross-price elasticity of demand of 2.0 indicates that a 1% increase in the price of good X will result in a 2% increase in the quantity demanded of good Y.

In this scenario, if the price of good X decreases by 2%, the quantity demanded will increase by 2% x (-4) = -8%. However, the revenue from good X will increase because the price decrease will be more than offset by the increase in quantity demanded. The revenue from good Y will also increase because a 2% increase in the quantity demanded of good Y will result in a 2% x 2 = 4% increase in revenue.

Therefore, the total revenue from goods X and Y will increase by $520. The correct answer is option a. Increase total revenues from X and Y by $520.

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Classifications on Balance Sheet The current balance sheet of J. J. Arvesen Company contains the following major sections: Current assets Long-term investments Property, plant, and equipment Intangible assets Other assets Current liabilities Long-term liabilities Contributed capital Retained earnings Accumulated other comprehensive income The following is a list of accounts in random order. Using the letters A through J, indicate in which section each account would most likely be classified. If an account does not belong under one of the sections listed, select "Not under any of the choices" from the classific

Answers

Final answer:

This question asks to classify different accounts into their appropriate sections on a company's balance sheet, based on standard accounting principles. Examples of how to classify different accounts like cash, equipment, patent, accounts receivables, long-term bonds, buildings, prepaid expenses, income to be earned next year, and common stock, are given.

Explanation:

The question pertains to classifying accounts typically found on a balance sheet in various sections in accordance with standard accounting principles. The sections specified in the question are as follows: Current Assets, Long-Term Investments, Property, Plant, and Equipment, Intangible Assets, Other Assets, Current Liabilities, Long-Term Liabilities, Contributed Capital, Retained Earnings, and Accumulated Other Comprehensive Income.

Let's consider that the accounts are as follows (1. Cash, 2. Equipment, 3. Patent, 4. Account Receivables, 5. Long-term bonds, 6. Buildings, 7. Prepaid expenses, 8. Income to be earned next fiscal year, 9. Common Stock) as an example.

Cash - Current AssetsEquipment - Property, Plant, and EquipmentPatent - Intangible AssetsAccounts Receivables- Current AssetsLong-term bonds - Long-Term InvestmentsBuildings - Property, Plant, and EquipmentPrepaid expenses - Current AssetsIncome to be earned next fiscal year - Not under any of the choices Common Stock - Contributed Capital

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A manager has decided to improve the physical work environment in his office to ensure that incumbents have fewer physical ailments. Which job design approach would be most helpful to him? a. Mechanistic approach b. Biological approach C. Motivational approach d. Perceptual-motor approach

Answers

Final answer:

If a manager's aim is to reduce physical ailments within the workspace, the biological approach to job design, which aligns tasks with human abilities and constraints to lessen physical strain, would be the most effective.

Explanation:

The manager would benefit most from using the biological approach if his goal is to improve the physical work environment: to prevent physical ailments in employees. This job design approach is concerned with minimizing the physical strain on the worker by designing tasks that align with human capabilities and limitations. The biological approach would involve ergonomics (the study of efficiency in working environments) and could include changes such as adjusting the height of desks or providing ergonomic chairs. It could also involve improving the office layout to minimise the need for physically straining activities, or ensuring that workstations are positioned to allow for natural light, which can decrease eye strain and improve mood.

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Final answer:

The most helpful job design approach for a manager looking to improve the physical work environment is the Biological approach, which focuses on creating a comfortable and safe workplace through factors such as proper lighting, ventilation, and ergonomic furniture and equipment.

Explanation:

The job design approach that would be most helpful to a manager looking to improve the physical work environment and reduce physical ailments among incumbents is the Biological approach. This approach focuses on ensuring that the work environment is ergonomically designed to promote the well-being and health of employees. It emphasizes factors such as proper lighting, ventilation, noise control, and ergonomic furniture and equipment to create a comfortable and safe workplace.

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Mezzinzi Bank offers loans to companies in the form of bonds. The companies who apply for these loans can repay the amount over a prolonged period of time. Which of the following financing options is being offered by Mezzinzi Bank in the given scenario?
A. A revolving credit agreement
B. Long-term debt
C. Commercial Paper
D. Trade credit

Answers

Answer:

B) Long-term debt

Explanation:

Long term debts are loans that are due in more than 1 year, and generally bonds are due in several years.

Revolving credit agreements is a revolving line of credit where the client uses the funds only when they need it. Commercial papers are short term promissory notes (due in less than 1 year).Trade credit is usually handed out by a company's vendors where you receive merchandise and pay for it later (usually in a month or two).

Mars Inc. printed 1,200 brochures with the intention of distributing them using a national newspaper. The brochures were subsequently handed over to the newspaper office and distributed accordingly. This scenario depicts the use of:____________.

Answers

Answer:a preprinted insert

Explanation:Preprinted inserts are often used by advertisers who want to use a heavier paper stock than the carrier publication and/or who want to have control over print quality and color.

Answer:

Pre-printed insert

Explanation:

Pre-printed insert, just as the name suggests,is a type of print media advertising, in which the advertiser produces the advert material as it should be, then sends it to the carrier publication for inclusion into the publication that would carry the advert in the form it was produced exactly by the advertiser, thereby maintaining the quality intended.This enclosed preprinted advert materials include sales brochures, booklets, etc.

A set of techniques and principles for systematically collecting, recording, analyzing, and interpreting data that can aid decision makers involved in marketing goods, services, or ideas is known as:_________.A. a SWOT analysis.B. the STP process.C. the marketing mix.D. market segmentation.E. marketing research.

Answers

Answer:

E. marketing research.

Explanation:

Marketing research is the set of processes which connects different principles, procedure, customers and the end user by expressing the opportunities available any problem faced and evaluate any market action. It helps in decision making process. The market research includes Surveys, Interviews, Focus group and Observations.

Nation A's real GDP was $520 billion in 2015 and $550 billion in 2016. Its population was 150 million in 2015 and 155 million in 2016. On the other hand, Nation B's real GDP was $200 billion in 2015 and $210 billion in 2016; and its population was 53 million in 2015 and 55 million in 2016. Which of the following statements is true?
a. Nation A's GDP per capita increased from 2015 to 2016, while Nation B's decreased.
b. Nation A's and Nation B's GDP per capita both increased from 2015 to 2016.
c. Nation B's GDP per capita increased from 2015 to 2016, while Nation A's decreased.
d. Nation A's and Nation B's GDP per capita both decreased from 2015 to 2016.

Answers

Nation A's and Nation B's GDP per capital both increased from 2015 to 2016 (b).  

Explanation:

The formula for per capital income =total income/total population. In the year 2015 Nation A's per capital income is 520/150= 3.46 and in the year 2016 Nation A's per capital income is 550/155=3.54 . In the year 2015 Nation B's per capital income is 200/53= 3.77 and in the year 2016 B's per capital income 210/55=3.81.

In both the cases the per capital income has increased from the year 2015 and 2016 for both the nation.

Final answer:

After calculating GDP per capita for Nation A and Nation B for the years 2015 and 2016, it's clear that both nations experienced an increase in their GDP per capita, leading to the conclusion that option b is correct.

Explanation:

The question asks about the changes in GDP per capita for Nation A and Nation B from 2015 to 2016. To solve this, one must calculate the GDP per capita for each nation in each year by dividing the nation's real GDP by its population for that year.

For Nation A:
2015 GDP per capita = $520 billion / 150 million = $3466.67
2016 GDP per capita = $550 billion / 155 million = $3548.39

For Nation B:
2015 GDP per capita = $200 billion / 53 million = $3773.58
2016 GDP per capita = $210 billion / 55 million = $3818.18

From these calculations, we can see that both Nation A and Nation B had an increase in GDP per capita from 2015 to 2016. Therefore, the correct statement is:

b. Nation A's and Nation B's GDP per capita both increased from 2015 to 2016.

Suppose the economy is on the classical range of the aggregate supply curve and has a problem with inflation. According to Keynesian theory, which of the following is an appropriate discretionary fiscal policy to use in this situation

Answers

Complete Question:

Suppose the economy is on the classical range of the aggregate supply curve and has a problem with inflation. to use in this According to Keynesian theory, which of the following is an appropriate discretionary fiscal policy to use in this situation?

a. A reduction in the money supply.

b. Less government regulation.

c. Increase federal spending

d. Higher taxes.

Answer:

Higher taxes is an appropriate discretionary fiscal policy to use in this situation

Explanation:

The hypothesis that Keynesian economy is said to raise demand by the government to boost production. Keynesians assume that the primary force of an economy is customer demand. As a response, expansionary monetary policy is endorsed in principle.

The British Government at that time was strongly critical of Keynes. The government reduced social security costs and increased taxation in order to balance national accounts. This did not inspire people to invest their money, left the economy unified and unwilling to rebound and return to a prosperous state. Keynes said.

Alternatively, he proposed that the government would spend more resources to boost the appetite of customers in the economy. In addition, the total economic performance will be improved, which would lead inevitably to growth and a decrease in unemployment.

Bait and switch: a. is a sales tactic of advertising a cheaper product in order to get a customer in to buy a more expensive product. b. is not based on ad content. c. is not regulated by the FTC. d. none of the above

Answers

Answer:

The correct option is A

Explanation:

Bait and Switch, is the kind or type of fraud, which is used in the retail sales.

Primarily, the customers are baited through advertising services or products at the low price by the merchants , but when the customers or clients visit store for buying the same product, they get to know, that the advertised goods are not available or the customer are pressured through salesman to consider the similar product but the high priced products, which is called Switching.

So, Bait and Switch, is a tactic of sales for advertising the cheaper product in order to buy the more expensive product through customers.

Managers can increase their ability to make nonprogrammed decisions that will allow them to adapt to, modify, and even drastically alter their task environments so that they can continually increase organizational performance through organizational Multiple Choice learning. satisficing. group thinking. diversity.

Answers

Answer:

Learning.

Explanation:

Organisational learning is the process by which knowledge is created, retained, and transfered within an organisation. This will imporve quality of decision-making at all levels of the organisation.

Over time the organisation gains a broad knowledge base that it can use to better the organisation.

Innovative or nonprogammed decisions opens up a world of possibilities to the business and evaluation is done to get the best idea for implementation.

Bavarian Chocolate Company processes chocolate into candy bars. The process begins by placing direct materials (raw chocolate, milk, and sugar) into the Blending Department. All materials are placed into production at the beginning of the blending process. After blending, the milk chocolate is then transferred to the Molding Department, where the milk chocolate is formed into candy bars. The following is a partial work in process account of the Blending Department at October 31, 2014:
1. Prepare a cost of production report, and identify the missing amounts for Work in Process—Blending Department. If an amount is zero enter "0". If required, round your cost per equivalent unit answers to the nearest cent.

Bavarian Chocolate Company

Cost of Production Report-Blending Department

For the Month Ended October 31, 2014

Unit Information
Units charged to production:
Inventory in process, October 1



Received from materials storeroom



Total units accounted for by the Blending Department



Units to be assigned costs:
Equivalent Units

Whole Units

Direct Materials

Conversion

Inventory in process, October 1







Started and completed in October







Transferred to Molding Department in October-







Inventory in process, October 31







Total units to be assigned costs







Cost Information
Costs per equivalent unit:
Direct Materials

Conversion

Total costs for October in Blending Department

$

$

Total equivalent units





Cost per equivalent unit

$

$

Costs charged to production:
Direct Materials

Conversion

Total

Inventory in process, October 1

$

Costs incurred in October



Total costs accounted for by the Blending Department

$

Cost allocated to completed and partially completed units:

Inventory in process, October 1 balance

$

To complete inventory in process, October 1

$



Cost of completed October 1 work in process

$

Started and completed in October

$





Transferred to Molding Department in October

$

Inventory in process, October 31







Total costs assigned by the Blending Department

$



2. Assuming that the October 1 work in process inventory includes direct materials of $38,295, determine the increase or decrease in the cost per equivalent unit for direct materials and conversion between September and October. If required, round your answers to two decimal places.

Increase or Decrease Amount
Change in direct materials cost per equivalent unit SelectDecreaseIncreaseCorrect 1 of Item 2 $
Change in conversion cost per equivalent unit SelectDecreaseIncreaseCorrect 3 of Item 2 $

Answers

Solution:

Working notes:  

Calculate opening work in process inventory for conversion costs as shown below:  

Opening work in process

inventory for conversion costs  =  1-  [tex]\frac{1}{5}[/tex] = 2/5

= 40 %  

Calculate units started and completed in October as shown below:  

Units started and completed in July = ( Units transferred out — opening work in process inventory  

= 25, 700 units — 2,300 units = 23, 400 units  

Calculate whole ending work in process inventory in October as shown below:  

Opening work in process inventory + Whole ending work in ) = in October process inventory Received from material storeroom — Transferred to packing department  )  

= 2,300 units + 26,000 units — 25, 700 units = 2, 600 units  

Calculate ending work in process inventory for conversion costs as shown below:  

Ending work in process inventory for conversion costs  )  

(Total units for ending work in process inventory x Completed percent for conversion costs = 2, 600 units x 1 = 520 units  )  

Equivalent units for production is calculated by adding units of opening work in process inventory, transferred to finished goods in October, and units for ending work in process inventory. Therefore, an equivalents unit for production for direct materials is 26,000 units and equivalent units for production for conversion costs is 24,840 units.  

Calculate direct materials and conversion cost equivalent cost per unit for October as shown below:  

Direct material cost per unit — Total direct material costs  Equivalent units for direct materials 8429,000  — 26,000 units = $16.50 Per unit  

Conversion cost per unit — Total conversion costs  Eqtuv' aka! units for conversion $149,040 — 24,840 units  

                     = $6  

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