What is the answer?? No links
Answer:
c
Explanation:
get big brain kid not good kid get better bro
Which sequence correctly summarizes the accounting​ process? A. Journalize​ transactions, post to the​ accounts, prepare a trial balance. B. Journalize​ transactions, prepare a trial​ balance, post to the accounts. C. Post to the​ accounts, journalize​ transactions, prepare a trial balance. D. Prepare a trial​ balance, journalize​ transactions, post to the accounts.
Answer:
A. Journalize transactions, post to the accounts, prepare a trial balance
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).
A journal entry involves the process of keeping the records of business transactions made by an organization.
Basically, a journal entry is used by bookkeepers and accountants.
Ideally, it is important that a journal has all of following informations; date, reference number, debit balance, credit balance and transaction description.
The main purpose of a general journal is to record a chronological listing of every transaction for an organization at a given time.
In Financial accounting, the sequence that correctly summarizes the accounting process is journalizing transactions, posting to the accounts, and preparing a trial balance.
A trial balance consists of a two-column schedule listing names and balances of all ledger accounts.
The current controllable margin for Henry Division is $48000. Its current operating assets are $300000. The division is considering purchasing equipment for $90000 that will increase annual controllable margin by an estimated $5000. If the equipment is purchased, what will happen to the return on investment for Henry Division?
Answer:
8.36% Increase
Explanation:
Calculation to determine what will happen to the return on investment for Henry Division
First step is to determine the return on investment using this formula
Return on investment = (Controllable margin ÷ Operating assets) × 100
Let plug in the formula
Return on investment= ($48,000 ÷ $300,000) × 100
Return on investment= 16%
Second step is to determine the new controllable margin
New controllable margin= $90,000 + $5,000
New controllable margin= $95,000
Third step is to calculate the new operating assets
New operating assets= $300,000 + $90,000
New operating assets= $390,000
Fourth step is to calculate new return on investment
New return on investment = ($95,000 ÷ $390,000) × 100
New return on investment =24.36%
Now let determine what will happen to the return on investment for Henry Division
Return on investment = 16% - 24.36%
Return on investment= 8.36% Increase
Therefore what will happen to the return on investment for Henry Division will be 8.36% Increase.
During its 2021 fiscal year, Jacobsen Corporation reported before-tax income of $624,000. This amount does not include the following two items, both of which are considered to be material in amount: Unusual gain$204,000 Loss on discontinued operations(304,000)The company's income tax rate is 25%. Jacobsen Corporation prepares its financial statement applying International Financial Reporting Standards (IFRS). In its 2021 income statement, Jacobsen would report income from continuing operations of:
Answer:
the income from continuing operations reported is $777,000
Explanation:
The calculation fo the income from continuing operations reported is shown below:
= Before tax income + unusual gains × (1 - tax rate)
= $624,000 + $204,000 × (1 - 0.25)
= $624,000 + $153,000
= $777,000
hence, the income from continuing operations reported is $777,000
The Fed can reduce the federal funds rate by a. decreasing the money supply. To decrease the money supply it could buy bonds. b. increasing the money supply. To increase the money supply it could sell bonds. c. increasing the money supply. To increase the money supply it could buy bonds. d. decreasing the money supply. To decrease the money supply it could sell bonds.
Answer:
c. increasing the money supply. To increase the money supply it could buy bonds.
Explanation:
In the case when fed wants to decreased the rate related to the federal funds so here the money supply should be increased also in order to increased the money supply we need to purchased the bonds
Moreover, the increase in money supply should be equivalent to the reduction in the interest rate
Therefore the option c is correct
Organizations must continually train their employees because: a. the importance of satisfying certification requirements has increased. b. employees' productivity decreases with time. c. the legislation on providing ethnocentric training to workers has become stringent. d. organizational training has a positive relationship with employee turnover rates.
Answer:
b. employees' productivity decreases with time
Explanation:
In the case when the organization trained to the employees on the continuity basis so this can be done because the productivity of an employees could be decreased as per the time
So in order not to decreased the productivity so the organization trained their employees on continuity basis
Therefore the option b is correct
Vince’s Vehicle Repairs has a gross profit margin of 60% and a net profit margin of 22%. Turnover was £180000. Calculate:
Cost of sales
Answer:
Vince's Vehicle Repairs
The Cost of Sales is:
= $72,000.
Explanation:
a) Data and Calculations:
Turnover = $180,000
Gross profit margin = 60%
Net profit margin = 22%
Gross profit margin = Gross profit/Turnover * 100
60% = Gross Profit/$180,000 * 100
Therefore, the Gross Profit = $180,000 * 60%
Gross Profit = $108,000
Cost of sales = Turnover - Gross profit (100% - 60%)
Cost of sales = $180,000 - $108,000
= $72,000
Alternatively, Cost of Sales:
= $180,000 * (100% - 60%)
= $72,000
When auditing accounting data, auditors focus on Group of answer choices determining if fraud has occurred. determining whether recorded information properly reflects the economic events that occurred during the accounting period. analyzing the financial information to be sure that it complies with government requirements. determining if taxable income has been calculated correctly.
Answer:
determining whether recorded information properly reflects the economic events that occurred during the accounting period.
Explanation:
Auditng is an independent examination of the financial records of an organisation to determine if the records conform if recorded information properly reflects the economic events that occurred during the accounting period.
It is used to determine if financial records accurately represent the financial position of an organisation in a given period
types of audit : external audits, internal audits, and Internal Revenue Service (IRS) audits.
A new transfer student joins a residential student organization on their new campus. She arrives at their first meeting and sits in the back and does not speak up at the meeting. While some other members notice the new student, no one approaches her or welcomes her to the group. She continues to attend meetings but does not feel she can contribute to the organization due to the makeup of the active members. This is an example of ______.
Answer:
E
Explanation:
Based on its perceived riskiness, the annual required rate of return is 11.5% for shares of Cyberdyne Inc. The company just paid their annual dividend of $8.69 a share. Analysts predict that the dividend will grow at an annual rate of 6.1%. What is the estimated price of the stock in 5 years, using the Dividend Discount Model
Answer:
the estimated price of the stock in 5 years, using the Dividend Discount Model is $216.38
Explanation:
The calculation of the estimated price of the stock in 5 years is given below:
= 5th Year dividend ÷ (Required return - Growth Rate)
Dividend at year 5 should be
=Dividend at year 0 × (1 + Growth Rate)^5
= $8.69 × (1.061)^5 ÷ (0.11.5 - 0.061)
= $216.38
Hence, the estimated price of the stock in 5 years, using the Dividend Discount Model is $216.38
How can decision-making skills help me achieve my goals?
Answer:
Put forward objectives that you need to achieve. To be roused to really accomplish your objectives, they should be founded on the data that you considered during the dynamic interaction. Stage 2: Consider your objectives mindfully to guarantee that they don't negate one another.
Answer:
It helps you be more experienced when it comes to making tough decisions
Explanation:
The reason decision making skills can help you achieve your goals is by making you focus on what you need to do to be able to complete whatever obstacle you need to cross. Imagine you didn't have any decision making skills at all. One day you will come across some sort of situation where you would need to make a decision, for example lets say that you are a manager at an office building and there is an office worker who just doesn't do their job. There is another person who wants to work there and they are more hardworking than the lazy worker but there is no positions available. Your decision making skills would help you decide whether to fire the lazy worker so that the hard worker gets the job, or if you would let the lazy worker keep working there and the lazy worker does nothing productive for the company.
Hope this helps and wasn't too confusing.
The power to create an agency to collect taxes is an:
1)expressed power of the national government.
2)enumerated power of the states.
3)implied power of the national government.
4)inherent power of the states.
Answer:
1)expressed power of the national government.
. Suppose the market for personal computers in country A is monopolistically competitive. Country A exports as well as imports personal computers from the rest of the world. After full adjustment to the opening of trade, a firm in this industry which enjoys scale economies will: A. receive a higher price for its product. B. receive a lower price for its product. C. enjoy a greater market share. D. ultimately go out of business. __________ 16. The clustering of
Answer: B. receive a lower price for its product
Explanation:
Monopolistic competition is a market structure whereby the elements of both monopoly and competitive markets are combined. In such market structure, there are many producers in the market but they're selling differentiated products.
In this case, due to the fact that there's freedom of entry and exit, there'll be more firms coming into the market due to the supernormal profit which is made at first but in the long run, a lower price will be received for goods and services as there are many sellers in the market. Therefore, a normal profit will be made.
What formula would be used to add two cells together after the equal sign?
A. Column#Row#-Column#Row#
B. Row#Column#+Row#Column#
C. Row#Column#+Column#Row#
D. Column#Row#+Column#Row#
Answer:
D. Column#Row#+Column#Row#
Explanation:
A spreadsheet can be defined as a file or document which comprises of cells in a tabulated format (rows and columns) typically used for formatting, arranging, analyzing, storing, calculating and sorting data on computer systems through the use of Microsoft Excel.
Microsoft Excel is a software application or program designed and developed by Microsoft Inc., for analyzing and visualizing spreadsheet documents.
In Microsoft Excel, the SUMIF function is a function that is designed to used to sum cells that meet criteria such as text, dates, and numbers. Also, this function can be used with the following logical operators; <, >, and =.
On a related note, the formula that would be used to add two cells together after the equal sign is Column#Row#+Column#Row#.
For example, A10B2 + A14B3.
Sox Corporation purchased a 30% interest in Hack Corporation for $1,825,000 on January 1, 2021. On November 1, 2021, Hack declared and paid $2.3 million in dividends. On December 31, Hack reported a net loss of $4.4 million for the year. What amount of loss should Sox report on its income statement for 2021 relative to its investment in Hack
Answer:
the loss reported is $1,135,000
Explanation:
The computation of the amount of loss reported is shown below:
Investment cost $1,825,000
Less: Share of Dividends received -$690,000 ($2,300,000 × 30%)
Carrying value of investment $1,135,000
Share of net loss $1,320,000 ($4,400,000 × 30%)
It should be limited to the carrying value of an investment
Hence, the loss reported is $1,135,000
How are production limits used in practice to raise the prices of the following goods or​ services: Taxi​ rides? A. The government requires that each cab has a medallion​ (a license to​ operate). Assuming the number of taxis is greater than it would be without​ regulation, those taxis in the market may charge a​ lower-than-competitive price. B. The government requires that each cab has a medallion​ (a license to​ operate). Assuming the number of taxis is less than it would be without​ regulation, those taxis in the market may charge a​ higher-than-competitive price. C. The government requires that each cab has a medallion​ (a license to​ operate). Assuming the number of taxis is greater than it would be without​ regulation, those taxis in the market may charge a​ higher-than-competitive price. D. The government requires that each cab has a medallion​ (a license to​ operate). Assuming the number of taxis is less than it would be without​ regulation, those taxis in the market may charge a​ lower-than-competitive price.
Answer:
B. The government requires that each cab has a medallioned (a license to operate). Assuming the number of taxis is less than it would be without a regulation, those taxis in the market may charge a higher-than-competitive price.
Explanation:
In the case when the production limits are applied in order to increased the prices of goods and services so here the government need that each and every cab need a license for its operation also we presume that no of taxis should be lower as it would be with no regulation also those type of taxis could charged the high competitive price
Therefore the option b is correct
When companies adopt the strategy formulation, strategy execution process, the first step is to Group of answer choices develop a strategic vision, mission, and values. execute the company's chosen strategy efficiently and effectively. adopt a proven business model, decide on the company's top management team, and craft a strategy. set objectives and develop a profitable business model to meet those objectives. monitor internal and external developments and initiate corrective adjustments to the business model when necessary.
Answer:
develop a strategic vision, mission, and values.
Explanation:
In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;
I. Value.
II. Vision.
III. Mission.
On a related note, when companies adopt the strategy formulation, strategy execution process; the first step is to develop a strategic vision, mission, and values that would effectively and efficiently help it in achieving its aim, goals, objectives, and procedures in order to enhance the survival, growth, and overall effectiveness of a business firm.
In the accounting system of Apogee Company, the quantities counted by the receiving department and entered at a terminal are transmitted to the computer, which immediately transmits the amounts back to the terminal for display on the terminal screen. This display enables the operator to Establish the validity of the account number. Verify that the amount was entered accurately. Verify the authorization of the disbursement. Prevent the overpayment of the account.
Answer:
Apogee Company
This display enables the operator to
Prevent the overpayment of the account.
Explanation:
This display means that the computer calculates the amount due on the account based on a predetermined and preset unit price in accordance with the local purchase order for the transaction. It is a verification of the amount that should be paid to the supplier. The receiving department can match this computer generated amount with the invoice amount before transferring the invoice to the payment department.
Your younger sister is just starting high school, and 4 years from today she should be entering college. Your father plans to start a college fund for her, beginning today. He will invest $6,000 per year in a mutual fund, beginning today, and he expects to earn an annual return of 9%. What is the expected value of the college fund when your sister enters college
Answer:
$29,908.26
Explanation:
The formula for calculating future value:
FV = P (1 + r) nm
FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years
Present value value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow from year 0 to 3 = 6000
I = 9%
PV = 21,187.77
FV = 21,187.77 X (1,09)^4
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
To limit sexual harassment in the workplace, managers should strive to ________. recognize that sexual harassment occurs in most work environments provide general guidelines about sexual harassment, but avoid detailed explanations instantly terminate anyone accused of sexual harassment reassure employees that they will not encounter retaliation if they file a complaint investigate only the most serious complaints
Answer:
reassure employees that they will not encounter retaliation if they file a complaint.
Explanation:
A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.
Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information.
On a related note, managers are required to engage their staff members (entire workforce) in the most efficient and effective manner.
To limit sexual harassment in the workplace, managers should strive to reassure employees that they will not encounter retaliation if they file a complaint.
What is the difference between economic profit and producer​ surplus? A. Economic profit includes opportunity costs but producer surplus does not. B. Producer surplus includes variable costs but economic profit does not. C. Economic profit includes fixed costs but producer surplus does not. D. Economic profit includes marginal costs but producer surplus does not. E. Economic profit includes government taxes but producer surplus does not.
Answer:
c
Explanation:
Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product
Producer surplus = price – least price the seller is willing to accept
Economic cost is accounting profit less implicit cost
Accounting profit= total revenue - explicit cost
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Agent Thurmond has a listing that is in a flood hazard area that floods often and has been deemed ineligible for flood insurance.That condition would make the property ineligible for typical federally-related first mortgage financing. Agent Thurmond is representing only the seller in this transaction. Agent Thurmond has received an offer from a potential buyer that plans to pay cash and would not be required to have flood insurance because he is not getting a mortgage. Agent Thurmond must:
Answer: disclose the material fact about the flood hazard to the buyer.
Explanation:
Based on the information given in the question, Agent Thurmond must disclose the material fact about the flood hazard to the buyer.
It is advisable and ethical for Agent Thurmond to tell the buyer about the issue with regards to the flooding. This is appropriate in order to avert any controversy or case that may eventually result in the future when the buyer becomes aware of the flood hazard.
Inventory records for Dunbar Incorporated revealed the following: DateTransactionNumber of UnitsUnit Cost Apr.1Beginning inventory 480 $2.48 Apr.20Purchase 440 2.75 Dunbar sold 550 units of inventory during the month. Ending inventory assuming weighted-average cost would be:
Answer:
$965
Explanation:
Calculation to determine what Ending inventory assuming weighted-average cost would be:
First step is calculate the Weighted-average cost
Weighted-average cost = [(480 x $2.48) + (440 x $2.75)] / (480+440)
Weighted-average cost =1,190.4+1210/920
Weighted-average cost = 2400.4/920
Weighted-average cost =2.6091
Now let determine the Ending inventory
Ending inventory = (920-550) x 2.6091
Ending inventory = 370x 2.6091
Ending inventory =$965
Therefore Ending inventory assuming weighted-average cost would be $965
The Human Resources department is happy to announce a career development workshop the workshop will be led by Joseph Pelletier. Joseph has 20 years of experience in career development training he will help you gain a clearer understanding of your career goals and will also discuss tools to work toward your career goals. The workshop will take place November 10 and 11 in the conference room nearest the parking lot on the third floor of the building. From 9:30 a.m. in the morning to 5:30 p.m. in the evening unless it goes longer or ends more quickly than expected. There will be coffee and tea in the morning, and then there will be lunch provided in the afternoon. Respond to this e-mail to sign up if you are interested in this career development workshop led by Joseph Pelletier. Because there are only 40 spots. How could you improve this message
Answer:
Correct run-on sentences
Reduce sentence lengths
Correct fragments
Explanation:
The Human Resources department is happy to announce a career development workshop the workshop will be led by Joseph Pelletier. Joseph has 20 years of experience in career development training he will help you gain a clearer understanding of your career goals and will also discuss tools to work toward your career goals. The workshop will take place November 10 and 11 in the conference room nearest the parking lot on the third floor of the building. From 9:30 a.m. in the morning to 5:30 p.m. in the evening unless it goes longer or ends more quickly than expected. There will be coffee and tea in the morning, and then there will be lunch provided in the afternoon. Respond to this e-mail to sign up if you are interested in this career development workshop led by Joseph Pelletier. Because there are only 40 spots. How could you improve this message.
Correct run-on sentences.
Reduce sentence lengths.
Correct fragments.
Information technology, especially the use of networks, can help firms lower the cost of market participation, making it worthwhile for firms to contract with external suppliers instead of using internal sources. Similarly, technology, by reducing the costs of acquiring and analyzing information, permits organizations to reduce costs because it becomes easier for managers to oversee a greater number of employees. According to agency theory, __________.
Answer:
According to agency theory, a principal's and an agent's interests do not always coincide.
Explanation:
An agency relationship is formed when "agents" (workers) are hired by a principal (owner) to carry out work for him.
However, rather than a homogeneous, profit-maximizing organization, the business is seen as a "nexus of contracts" among self-interested individuals.
Therefore, according to agency theory, a principal's and an agent's interests do not always coincide.
what are the different levels of profession
Answer:
the different levels of profession are:
medium level profession
high level profession
Brian owns a parcel of land that is encumbered by a mortgage held by the First International Bank. Brian agrees to sell the land to Piercel for $350,000. Brian and Pierce together go to the First International Bank to discuss the sale and purchase with the banker. Brian, Pierce, and the banker sign an agreement stating that Pierce will assume the mortgage and that Brian will be discharged from all further liability on the mortgage. In this case:
a, the bank can collect from Brian if Plerce defaults.
b. the bank is a third party donee beneficiary,
c. the agreement among the three is a novation.
d. Brian is a third party beneficiary of the agreement between Pierce and the bank.
Answer: c. the agreement among the three is a novation.
Explanation:
A novation refers to a situation whereby a party to a contract is replaced by another party. That means that the duties and benefits of the party being replaced will be passed on to the new party to the contract.
In this scenario, Brian was replaced in the mortgage contract by Pierce and Pierce assumed all liability related to the land in question. This is therefore a novation.
Elizabeth works at an auto firm, which recently shut down for five weeks to change machinery. However, during the shutdown, Elizabeth was able to maintain her standard of living because of the firm's _______________. A. supplemental unemployment benefits B. workers' compensation insurance C. supplemental health benefits D. disability insurance
Answer:
Option a: Supplemental unemployment benefits
Explanation:
Types of Employee Benefits and Services
1. Mandatory benefits
2. Retirement income
3. Health benefits
4. Pay for time not worked
5.Employee services
6.Miscellaneous benefits
Benefit plans
This is simply put in place just for retirement income and it is based on a proportion of the employee's pay at the time of retirement.
Supplemental unemployment benefits (SUBs)
This simply means an employer-provided benefit that extends government-provided unemployment benefits. It is made to a dismissed employee as a source of supplemental income. It is available only to an employee who is laid off owing to a training programme, a temporary layoff, or other health purpose.
Employment benefits.
This is simply regarded as the non-monetary remuneration that an employee receives after agreeing to an employment contract.
Hewlett-Packard founders David Packard and William Hewlett strived to create a close-knit organizational culture that gave a lot of responsibility to employees and fostered innovation within the company. Individual responsibility and the importance of innovation are Group of answer choices diverse perspectives. focused values. enacted values. espoused values. analytics.
Answer:
Espoused values
Explanation:
From the question we are informed
Hewlett-Packard founders David Packard and William Hewlett who strived to create a close-knit organizational culture that gave a lot of responsibility to employees and fostered innovation within the company. Individual responsibility and the importance of innovation are Espoused values.
Espoused values can be regarded as values which is been expressed on behalf of a particular organization, it could also be values that is been
attributed by senior managers of an organization in public statements
to that particular organization. Theses statement could be annual reports of the firm. These values are practical results of values been espoused through members of an organization.
I have a
Debit card
The internet
An email
What is a way I can make money from home but under 18.
Answer:
start animation or selling online