Answer: Please see explanation for answers
Explanation:
1. Journal entry to record bad debt on January 31st
Date Account Titles and Explanation Debit Credit
Jan. 31st Allowance for doubtful account $1,600
Account receivables ( Customer C. Green) $1.600
2. Journal entry to record recovery of bad debt on March 9
A) To reinstate Amount previously written off
Date Account Titles and Explanation Debit Credit
March 9 Account receivables ( Customer C. Green) $1,100
Allowance for doubtful account $1,100
B) To record payment of account
Date Account Titles and Explanation Debit Credit
March 9 Cash $1,100
Account receivables( Customer C. Green) $1,100
Question 3 of 10
When a nation's standards of financial reporting are transparent and effective:
OA. citizens tend to have greater confidence in the economy.
B. businesses are unable to foster good relationships with
customers
DC. businesses in the country tend to lose profits and resources.
OD. the country's laws can be more easily violated.
Answer:
A. citizens tend to have greater confidence in the economy.
Explanation:
When a nation's standards of financial reporting are transparent and effective, by extension, the citizens tend to have greater confidence in the economy.
This is because when the government are transparent about the financial affairs of the nation, the citizens are confident in the economy
The determination of the size of a sales force is usually done via some estimation of expected ___________
Answer:
workload
Explanation: had the same quiz not a long time ago
2. A series of five constant dollar (or real-dollar) payments, beginning with $6,000 at the end of the first year, are increasing at the rate of 5% per year. Assume that the average general inflation rate is 4%, and the market interest rate is 11% during this inflationary period. What is the equivalent present worth of the series
Answer:
The equivalent present worth of the series is $27,211.16.
Explanation:
The first thing to do is to calculate the real interest using the following formula:
1 + i = (1 + r)(1 + inf) ..................... (1)
Where;
i = market interest rate = 11%, or 0.11
r = real interest rate = ?
inf = average general inflation rate = 4%, or 0.04
Substituting the values into equation (1) and solve for r, we have:
1 + 0.11 = (1 + r)(1 + 0.04)
1 + r = 1.11 / 1.04
1 + r = 1.06730769230769
r = 1.06730769230769 – 1
r = 0.06730769230769
The equivalent present worth of the series can now be calculated using the formula for calculating the present value (PV) of a growing annuity as follows:
PVga = (P / (r - g)) * (1 - ((1 + g) / (1 + r))^n) .................... (2)
Where;
PVga = present value of a growing annuity or equivalent present worth of the series = ?
P = constant dollar (or real-dollar) payments = $6,000
r = real interest rate = 0.06730769230769
g = growth rate of payments = 5%, or 0.05
n = number of years = 5
Substituting the values into equation (2), we have:
PVga = (6000 / (0.06730769230769 - 0.05)) * (1 - ((1 + 0.05) / (1 + 0.06730769230769))^5)
PVga = 346,666.666666712 * 0.078493722845371
PVga = $27,211.16
Therefore, the equivalent present worth of the series is $27,211.16.
Kyla is a salesperson for Liberty Financial Corporation. Micky is also a Liberty salesperson. Neil is Kyla and Micky's supervisor. Owen is a Liberty customer. Liberty may be liable for sexual harassment to Kyla by
Answer:
Mickey, Neil, or Owen
Explanation:
Payb- Based on the information below, calculate the payback period. (4 points) Show and label your work. Investment $700,000 Required rate of return 12% Depreciation method Straight Line Useful life 5 years Residual value $20,000 Estimated net cash inflows per year for five years $150,000 2. Based on your answer in part 1, would you accept or reject this project? Why?
Answer:
4.7 years
The project would be accepted because the amount invested in the project would be recovered within the useful life
Explanation:
Payback period is the time it takes to recover the amount invested in a project from its cumulative cash flows
Payback period = amount invested / cash flows
$700,000 / $150,000 = 4.7 years
The project would be accepted because the amount invested in the project would be recovered within the useful life
If you become nervous in an interview and lose your train of thought, you should _____.
just keep talking
pause and take a deep breath
laugh it off
ask for a glass of water
Explanation:
pause and take a deep breath
The Belwood Bread Company uses an average of 4,000 kilos of flour daily, with a standard deviation of 500 kilos per day. The average lead time to get a shipment of flour is 9 days with a standard deviation of 2 days. The owner of the bakery wants to maintain a service level of 95%.
z-value Probability
1.63 .9485
1.64 .9500
1.65 .9505
1.66 .9515
1.67 .9615
Which one of the following is true about the reorder point for flour?
Answer:
The Belwood Bread Company uses an average of 4,000 kilos of flour daily, with a standard deviation of 500 kilos per day is explained below in detail.
Explanation:
In my practice, it doesn't save capital, but it's still deserving it because it's wholesome and better than reserve purchased at the same amount.
For me, 1kg of all-purpose powder yields 1.6kg of bread (as two cubes). Each 13x4x4" (Pullman) loaf measures about 800 grams after freezing and yields between 22-30 slices related to its width. The value per loaf is under $1.00 and incorporates all components, charge, and electricity for mixing, baking, slicing.
I've created a few hundred loaves based on modifications of this formula:
% grams cost calories sodium protein fat sugar
all-purpose powder 100 500 0.417 1833 0 50 17 0
instant yeast 0.8 4 0.067 16 0 0 0 3
non-fat dry milk 4 20 0.203 70 0 7 10 109
sugar 4 20 0.019 75 0 0 20 0
canola oil 10 50 0.072 429 50 0 0
salt 2 10 0.006 0 0 0 0 3933
water 56 280 0.000 0 0 0 0 0
dough total 176.8 884 $0.783 2422 50 57 47 4045
an increase In long run aggregate supply can be expected to _______ the price level and ______ the natural rate of unemployment.
Answer:
fall is the answer for both blanks
The FICA (social security) tax is a matching tax with a portion paid by both the employer and the employee.
A. True
B. False
Answer:
A) true
Explanation:
FICA Tax can be regarded as matching tax, it is been paid by the employees and employers at equal rate. The tax can be divided into Social Security tax as well as Medicare tax. It shouldbe noted the FICA (social security) tax is a matching tax with a portion paid by both the employer and the employee.
Explain how the circular flow of income operates making reference to the injections and withdrawals and physical and monetary flows.
Answer:
It shows flows of goods and services and factors of production between firms and households
The circular flow shows how national income or Gross Domestic Product is calculated
Businesses produce goods and services and in the process of doing so, incomes are generated for factors of production (land, labour, capital and enterprise) – for example wages and salaries going to people in work.
Leakages (withdrawals) from the circular flow
Not all income will flow from households to businesses directly. The circular flow shows that some part of household income will be:
1.Put aside for future spending, i.e. savings (S) in banks accounts and other types of deposit
2.Paid to the government in taxation (T) e.g. income tax and national insurance
3.Spent on foreign-made goods and services, i.e. imports (M) which flow into the economy
Withdrawals are increases in savings, taxes or imports so reducing the circular flow of income and leading to a multiplied contraction of production (output)
Injections into the circular flow are additions to investment, government spending or exports so boosting the circular flow of income leading to a multiplied expansion of output.
Capital spending by firms, i.e. investment expenditure (I) e.g. on new technology
The government, i.e. government expenditure (G) e.g. on the NHS or defence
Overseas consumers buying UK goods and service, i.e. UK export expenditure (X)
An economy is in equilibrium when the rate of injections = the rate of withdrawals from the circular flow.

Building up the model
In this next series of images we build up the circular flow model from just having a domestic sector and then adding in an external sector (exports and imports) before including the financial sector which channels savings and hopefully provides the finance available to fund investment.
The Domestic Circular Flow of Income and Spending
The external sector involves businesses exporting goods and services overseas (X) and consumers and business buying imported products from other countries (M)
Explanation:
PLEASE MARK ME AS BRAINLIEST
When leakage equals injections, the nation's economic cycle is said to be in balance.
What is economic cycle?The term "economic cycle," usually referred to as a "business cycle," describes the swings in the economy's growth and decline.
The present stage of the economic cycle can be determined using variables like gross domestic product (GDP), interest rates, total employment, and consumer expenditure.
Since the economic cycle directly affects stocks, bonds, profits, and corporate earnings, understanding it can help investors and businesses decide whether to invest and when to withdraw their funds.
An economy travels in a circular motion from expansion to recession and back again, which is referred to as an economic cycle. Growth is a sign of an expanding economy.
Learn more about economic cycle, here
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In what ways are retail banks, credit unions, and online banks different?
Answer:
The bottom line is that banks are for-profit institutions, while credit unions are non-profit. Credit unions typically brag better customer service and lower fees, but have higher interest rates. On the contrary, banks generally have lower interest rates and higher fees
The credit unions have lower fees and better interests in the saving accounts. Credit unions are a type of institution controlled by members and operated on a nonprofit basis.
Online banks are those that have internet-based services such as e-loans, and all electronic transactions. It also includes net banking and does it yourself system. Retail banking is a provision of services by the banks to the general public. They are often called as whole ale banking. While a bank can have diverse offering a credit union is limited. Banks provide a higher fee for interest and loans, while credit union is lower fees and interest rates.Learn more about the ways are retail banks, credit unions, and online banks different.
brainly.com/question/12980617.
Starbucks wants to use the subjective approach to evaluate a new project. They are considering expanding their stores and renting office space to small business owners. They will have a separate reception area and online scheduling for those that want to use the office space. Starbucks has a WACC of 12%. What would be the WACC for this new project?
Category Examples Adjustment Factor
High risk New products 6%
Moderate risk Cost savings,
Expansion of existing products 0
Low risk Replacement of existing
equipment (4)
Mandatory Safety equipment n/a
Multiple Choice
A) 16%.
B) 12%.
C) 24%.
D) 18%.
E) It cannot be determined.
Answer:
D) 18%.
Explanation:
The WACC for this new project = Current WACC + Adjustment Factor (High Risk)
WACC for this new project = 12% + 6%
WACC for this new project = 18%
Note: Attached as picture shows the reason for the chosen Adjustment factor
Solo Corp. is evaluating a project with the following cash flows:
Year Cash Flow 0 $28100 1 10,300 2 13,000 3 14,900 4 12,000 5 — 8,500
The company uses an Interest rate of 8 percent on all of Its projects.
a. Calculate the MIRR of the project using the discounting approach. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places. e.g., 32.16.)
b. Calculate the MIRR of the project using the reinvestment approach. (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
c. Calculate the MIRR of the project using the combination approach. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
a. Discounting approach MIRR %
b. Reinvestment approach MIRR %
c. Combination approach MIRR €Y.
Answer and Explanation:
The computation of MIRR under the following methods are shown below:
a. Using the Discounting Approach:
Interest Rate = 8%
The Present Value of Cash Outflows os
= -$28,100 - $8,500 ÷ 1.08^5
= -$33,884.96
Now
Let us assume the MIRR be i%
So,
0 = -$33,884.96 + $10,300 ÷ (1 + i) + $13,000 ÷ (1 + i)^2 + $14,900 ÷ (1 + i)^3 + $12,000 ÷ (1 + i)^4
Now use the financial calculator, after using it i is 17.18%
Thus, MIRR is 17.18%
b. Using the Reinvestment Approach:
Interest Rate = 8%
The Future Value of Cash Flows is
= $10,300 × 1.08^4 + $13,000 × 1.08^3 + $14,900 × 1.08^2 + $12,000 × 1.08 - $8,500
= $52,228.65
Let us assume MIRR be i%
So,
0 = -$28,100 + $52,228.65 ÷ (1 + i)^5
(1 + i)^5 = 1.85867
1 + i = 1.1320
i = 0.1320
= 13.20%
Thus, MIRR is 13.20%
c. Using the Combination Approach:
Interest Rate = 8%
Present Value of Cash Outflows is
= -$28,100 - $8,500 ÷ 1.08^5
= -$33,884.96
And,
Future Value of Cash Inflows is
= $10,300 × 1.08^4 + $13,000 × 1.08^3 + $14,900 × 1.08^2 + $12,000 × 1.08
= $60,728.65
Let us assume MIRR be i%
So,
0 = -$33,884.96 + $60,728.65 ÷ (1 + i)^5
(1 + i)^5 = 1.7922
1 + i = 1.1238
i = 0.1238
= 12.38%
Thus, MIRR is 12.38%
If the income tax rate applicable to a firm is 35% and the pre-tax cost of debt is 10%, what is the after-tax cost of debt?
Answer:
the after tax cost of debt is 6.5%
Explanation:
The computation of the after tax cost of debt is shown below:
After tax cost of debt is
= Before tax cost of debt × (1 - tax rate)
= 10% × (1 - 0.35)
= 10% × 0.65
= 6.5%
Hence, the after tax cost of debt is 6.5%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Only consumers benefit from government enforcement of contracts
Answer:
not true many people benfit most of all us!
Explanation:
When a single broker represents both parties in a real estate transaction, a _______ agency may exist.
Answer:
Dual
Explanation:
real estate transaction,which is used to convey ownership of a particular property to the buyer whereby there is a mutual agreement on some terms. The contract may be long it in shirt time.the end process is usually reffered to as “closing,” and this is a term that explains that both parties need to fulfill all terms and conditions that is associated with the exchange.
It should be noted that When a single broker represents both parties in a real estate transaction, a dual agency may exist.
Today public relations have emerged as a
communication network
O global
O national
O multinational
O national
?
Find the area of the curved surface of a cylinder having a radius 16 cm and length 38 cm.Express the area in meters.
Answer:
1216πm^2
Explanation:
radius of cylinder= 16 cm
height of cylinder = 38 cm
Then,
Curved surface area = 2πrh
= 2×22/7×16×38
=3821.72m^2 or 1216πm^2
Who are the most aggressive of the types we looked at?
Paris operates a talent agency as a sole proprietorship,and this year she incurred the following expenses in operating her talent agency.What is the total deductible amount of these expenditures?
$1,000 dinner with a film producer where no business was discussed
$500 lunch with sister Nicky where no business was discussed
$700 business dinner with a client but Paris forgot to keep any records (oops!)
$900 tickets to the opera with a client following a business meeting
A) $450.
B) $900.
C) $1,100.
D) $1,200.
E) $0
Answer:
A) $450.
Explanation:
The computation of the total deductible amount of the expenses is as follows:
In the case of the deduction with respect to the meal cost and entertainment. Only the half of the expense would be deducted i.e. for the business meeting
As in the question the opera tickets is $900 so the half of $900 i.e. $450 would be allowed as a deduction
Therefore the correct option is A.
Suppose, that after a successful career, a worker retired precisely as planned with precisely the amount saved that they intended. Upon retirement, they reduced their consumption and spent much less, living a much more simple life. Is this behavior consistent with the permanent income hypothesis?
Answer: Yes it is
Explanation:
The Permanent Income Hypothesis posits that human expenditure in the short term is based on the amount of income they expect to get as income over the long term.
If a person for instance, knows that they will receive a pay cut at the end of the year, they will probably spend less today to survive the pay cut.
Same goes for the worker in this scenario. They know that the amount they saved is all they have now and into the future so they are adjusting their expenses to ensure they survive on that saving.
question 5 eiyfgeyfie
Answer:
where's the question?
Linda needs fresh fruits and vegetables so she decides to go grocery
shopping. According to Maslow's hierarchy of needs, which category of
needs does this fall under?
A. Physiological
B. Esteem
C. Affiliation
D. Safety
Answer:physiological
Explanation:
According to Maslow's hierarchy of needs, the Physiological category of needs is this condition. Thus, option A is correct.
What is Maslow's hierarchy of needs?According to Maslow's theory, a model of motivation, a person's conduct is determined by 5 categories of basic human needs. These needs include that physiology, safety, belongingness, respect, and self-actualization.
The base of Maslow’s model of requirements is biological requirements for human survival. They seem to be the things a man needs the most in order to live. Linda chooses to go shopping since she needed fresh produce. shopping.
They encompass the requirements for food, clothing, comfort, rest, and healthcare. At about this level, a human's drive stems from their survival instinct. Therefore, option A is the correct option.
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Brian Inc. borrowed $8,000 from First Bank and signed a promissory note. What entry should Brian Inc. record?
Answer:
Dr Notes Receivable $8,000
Cr Cash $8,000
Explanation:
Based on the information given we were told that Brian Inc. borrowed the amount of $8,000 from First Bank in which they signed a promissory note which means that the journal entry that Brian Inc. should record the transaction is :
Dr Notes Receivable $8,000
Cr Cash $8,000
Potomac LLC purchased an automobile for $31,200 on August 5, 2020. What is Potomac's depreciation deduction for 2020
Answer:
Potomac LLC
Depreciation deduction for 2020 is:
$2,600.
Explanation:
a) Data and Calculations:
August 5, 2020, Purchase of an automobile for $31,200
Depreciation rate = 20% for year 1
Depreciation expense = $31,200 * 20% * 5/12 months
= $2,600
b) Automobiles attract 20% depreciation in the first year. However, since Potomac LLC purchased the automobile on August 5, 2020, the depreciation expense of $6,240 ($31,200 * 20%) will be prorated for five months, giving an average of $520 per month. This results to $2,600 ($520 * 5).
Company Earnings per Share Market Value per Share
Hilton $ 12.00 $ 176.40
SPG 10.00 96.00
Hyatt 7.50 93.75
Accor 50.00 250.00
Compute the price-earnings ratio for each of these four separate companies.
Price-Earnings Ratio
Company Choose Numerator: Divided by Choose Denominator: Price-Earnings Ratio Price-earnings ratio
Hilton
SPG
Hyatt
Accor
Answer:
Price-Earnings Ratio = Market Value Per Share / EPS
Hilton Price-Earnings Ratio = 176.40 / 12
Hilton Price-Earnings Ratio = $14.7
SPG Price-Earnings Ratio = 96.00 / 10.00
SPG Price-Earnings Ratio = $9.6
Hyatt Price-Earnings Ratio = 83.75 / 7.50
Hyatt Price-Earnings Ratio = $12.5
Accor Price-Earnings Ratio = 250.00 / 50.00
Accor Price-Earnings Ratio = $5.0
How should state appropriations to a state universoty choosing to report as engaged only in business-type activities be reported in its statement of revenues?
Answer: Non-Operating revenues
Explanation:
Such an activity will be recorded as a non-operating revenue in a proprietary fund in the university as these funds record revenues and expenses and will differentiate between operating revenues and non-operating revenues.
This is a nonoperating revenue as it is considered a nonexchange transaction where a government department or agency gives resources to another department or agency and mandates that they do something specific with it without expecting anything equal in return.
If you are falling behind on your student loan payments, which of the following steps should you take to avoid default?
Answer:
These are the answer choices for the question:
A. Transfer your balance to a credit card
B. File for bankruptcy
C. Contact your lender
D. You cannot default on student loans
And this is the correct answer:
C. Contact your lender
Explanation:
If you are about to default on your student loans, the best alternative you have is to contact your lender in order to renegotiate the terms of the loan. This is because you cannot default on student's loan, so filing for bankruptcy is not an option, and transferring the debt to a credit card is not a good idea because credit card debt usually has higher interest.
mr kleaners acquired new industrial washing mavhine,the list price price of which was 52000.the supplier allowedva tade discount of 4000 off the list price.on delivery the cost of installing the machine in its desire location was 950
what is the cost if machine to be capitalised in the machinery account
Answer:
I think its $48,950.
Explanation:
you subtract 4,000 from 52,000 which is 52,000 - 4,000 = 48,000.
then you will add that extra $950 getting you a total of $48,950.
if I'm wrong I'm sorry I'm not that good at math.
Suppose the spot rate of the pound today is $1.70and the three-month forward rate is $1.75. How can a U.S. importer who has to pay 20,000pounds in three months hedge the foreignexchange risk?
Answer: £35000
Explanation:
From the question, we are informed that the spot rate of the pound today is $1.70 and the three-month forward rate is $1.75.
Based on the above information, if
The importer buys £20,000 at $1.75/£ and therefore pays the amount in 90 days as:
£20,000 x $1.75/£
= £35,000
