Price Quantity Demanded Quantity Supplied $4 10 000 Tickets 8 000 Tickets $8 8 000 Tickets 8 000 Tickets $12 6 000 Tickets 8 000 Tickets $16 4 000 Tickets 8 000 Tickets $20 2 000 Tickets 8 000 Tickets a) Draw the demand and supply curves. What is unusual about this supply curve? What might this be true? b) What are the equilibrium price and quantity of tickets?​

Answer:

$5,775,000

Explanation:

Direct materials cost = Materials purchased + Indirect materials + Materials inventory, end of the period

Direct materials cost = $5,100,000 + $195,000 + $480,000

Direct materials cost = $5,775,000

So, the amount of the direct material cost is $5,775,000.

Solution :

Integration of all the processes:

Some integrated software system should be adopted where all the details about each patient along with the every billing and the payment details would help in keeping the track of the revenue.

Claims and billing management :

All the claims happened through some of the individuals or the company policies or the billing processes that take place to be accounted for the EHR system that can reduce the delays and also improve the effectiveness of the revenue management.

Documentation:

All the transactions should be documented, so there there are less chances for any error to occur.

Answer:

2.5 times

Explanation:

The company's times interest ratio is computed as;

= Income before interest expense and income taxes / Interest expenses

Given that;

Income before interest expense and income taxes = $19,200

Interest expenses = $7,800

Then,

Company's interest times ratio = $19,200 / $7,800

Company's interest times ratio = 2.5 times

Answer:

C. Designed to identify potential events that may affect the entity.

Explanation:

Risk assessment means the total method in which the hazard or the factors related to the risk that result in damage or harm something. It could be analyzed and evaluated with the analysis of the risk and the evaluation of the risk.

It is to be designed in order to identify the events that could impact the entity

Therefore the option c is correct

Answer and Explanation:

The preparation of the income statement and the balance sheet is presented below

Income statement

REVENUE  

Sales     $500,000

Less: EXPENSES  

Cost of goods sold ($180,000)  

Supplies expenses ($6,000)  

Wages expenses ($40,000)  

Total expenses ($226,000)

Net income $274,000

Balance sheet :

Assets      Amount              Liabilities & stockholder equity   Amount  

Cash            $148,000            Account payable                            $16,000

Account receivable $30,000  Bonds payable, long term             $200,000

Supplies      $3,000  

Inventory     $36,000                  Total liabilities                              $216,000

Total current assets $217,000    Common stock                           $150,000

Land               $80,000                  Retained earnings                     $160,000

Building          $151,000  

Equipment     $70,000  

Goodwill         $8,000  

Total assets    $526,000          Total liabilities and equity             $526,000

Answer:

Explanation:

Matthew owns an insurance policy that has designated Uma as the beneficiary. If Emily dies, the money will go to Uma and not to Matthew so Matthew will not include any amount in his estate.

If Emily dies, no amount goes to her estate either because Emily was not the beneficiary, Uma was. Emily dying will simply lead to Uma's estate getting the money and not Emily's.

Answer: None of the above

Explanation:

The options include:

A. Land degradation and soil erosion

(B) Problem of overgrazing and ecological degradation

(C) Floods

(D) None of the above

Environmental degradation simply refers to the deterioration of the environment whcih occurs when there's depletion of the resources like soil, water and air, pollution and the the destruction of habitats and ecosystems.

It should be noted that environmental degradation consist of land degradation and soil erosion, problem of overgrazing and ecological degradation, floods etc.

Therefore, the correct option is None of the above.

Answer:

$16.8 million

Explanation:

Calculation to determine What amount should Carter report as net cash from investing activities

($ in millions)

Cash Flows from Investing Activities:

Proceeds from sale of marketable securities $37

Proceeds from sale of land $13

Less Purchase of equipment for cash ($23)

Less Purchase of patent for cash($10.2)

Net cash inflows (outflows) from investing activities $16.8

Therefore the amount that Carter should report as net cash from investing activities is $16.8 million

Answer:

Since the stock market is a vote of confidence, a crash can devastate economic growth. Lower stock prices mean less wealth for businesses, pension funds, and individual investors. Companies can't get as much funding for operations and expansion. When retirement fund values fall, it reduces consumer spending.

Explanation:

Economic Considerations

Business investment can affect the economy's short-term and long-term growth. In the short term, an increase in business investment directly increases the current level of gross domestic product (GDP), because physical capital is itself produced and sold.

Answer:

c

Explanation:

application of:

A. positive economics. B. negative economics. C. normative economics. D. economic naturalism.

Positive Economics is objective and statements are usually based on facts and economic theory. They can be tested.  

For example, an increase in input would lead to a decrease in supply of the good is based on economic theory and facts. An increase in input would increase the cost of production and this would discourage sellers from producing.  

Normative economics is based value judgements, opinions and perspectives. For example, the statement - social welfare spending in Sweden occupies too large a portion of the national budget - is based on opinion. To some the expenditure might be even too small. There is no economic theory that can be used to determine if this expenditure is too large or small

Answer:

Knowing the supervisor's knowledge

Explanation:

In making a pitch about a particular idea it is important to to follow the steps of advocacy in order to effectively promote the idea and get a positive result.

In the given scenario Karla makes a pitch to her supervisor about changing their company's stance on recycling.

The steps to follow are:

- identify a challenge or opportunity

- determine your audience

- find out what they already know or perceive

- determine how receptive they are

- establish objectives for the audience

- define points for the audience

- determine channel of communication

- decide on needed resources

- set timelines for activities

- evaluate success

Karla did not know her supervisor was already considering a change to the recycling policy.

So she failed to determine her Supervisor's knowledge of the situation.

The component of advocacy that Karla has failed to consider here is the supervisors knowledge.

She made a pitch about the issue without finding out if the supervisor already had a prior knowledge to what was happening.

This would have made her to make her case in a different way. The principle of advocacy is done with the aim of promoting a cause or interests of certain people.

She did not consider that the pitch she was making had already been dealt with by the supervisor she was giving it to.

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Answer:

Your answer is given below:

Explanation:

When bond is issued on yield to market at price of $10,179, interest is charged on outstanding amount of $10,179  of 9%.

So interest charged on June 30 is 9% for 6 months on $10,179

Interest expense=$10,179*9%*6/12

Interest expense for 6 months =$458

Cash paid for interest is however at stated interest rate of 10% on $10,000 for 6 months=$10,000*10%*6/12

Cash paid=$500

Difference of interest paid and interest expense is debited to bonds payable balance so bonds payable balance outstanding is reduced.

Bonds payable outstanding reduced=$500-$458

=$42

Bonds payable outstanding balance as on june 30=$10,179-$42

=$10,137

Now interest for last 6 months in 2019 is charged on $10,137 at 9%

Interest expense from June 30 to December 31=$10,137*9%*6/12

Interest expense=$456

Total interest expense for 2019=$456+458

=$914

So,total interest expense charged for 2019=$914

Answer:

*Buy Car = Consumption

*A bakery buys a new = Investment

*You get a haircut = Consumption

*Fire truck = Govt. purchase

*Buy shoes made in Thailand = Import or export

*Government build bridge = Govt. purchase

*Buy new MRI machine = Investment

*Stay in hotel in Italy = Import or Export

Explanation:

The component of GDP is Consumption, Investment, Government Expenditure, and import-export. Here, consumption is denoted by C, Investment is denoted by I, Government expenditure is denoted by G and Import-export is denoted by NX. Since the car bought for use that means the person is consuming it. While the haircut includes the consumption of service and buying a new bakery is an investment. Similarly below is the list for which the following product belongs.

*Buy Car = Consumption

*A bakery buys a new = Investment

*You get a haircut = Consumption

*Fire truck = Govt. purchase

*Buy shoes made in Thailand = Import or export

*Government build bridge = Govt. purchase

*Buy new MRI machine = Investment

*Stay in hotel in Italy = Import or Export

Answer:

active partners are involved in daily running of the business.

sleeping partner are not involved in daily running of the business

Explanation:

Active partners are always involved in management while sleeping partners are not and mostly consists of financing not the business.

Answer:

The purpose of a job cost sheet is to record the various costs that went into the manufacturing of a product or the provision of a service. This will enable the company know how much the process cost so that the company can understand the cost of the product better and make informed decisions based on this.

The information generally included in a job cost sheet include:

Answer:

A week later, you browse through the trend reports.

Answer:

Following are the responses to the given question:

Explanation:

The progress throughout the financial sector does not take a confined path. One can move to more responsible roles when you're on the broad route to changing industries, receiving certificates, or switching disciplines — without even being derailed. Select from the range of staff inside the broad fields of public accountancy. You could be a lead financial official or a partner in a company of qualified checksum. A height of your career.

Although the accounting foundation is founded upon consistent accounting practices, the accountants can apply this theory in many various ways.

Employment accounts governmental and non-profit:

Public Accounting Jobs:

Jobs in private accounting:

Fiscal Services:

Accounts only include the cash that can be represented financially. Some individuals call accountancy "the language of business," as well as its objective is to allow accountancy users to make better choices

This included many tasks performed by the CPAs for its clients:

Answer:

a. Suppose a firm's total assets turnover ratio falls from 1.0 to 0.9, but at the same time its profit margin rises from 9% to 10% and its debt decreases from 60% of total assets to 40%. Under these conditions, the ROE will increase.

Explanation:

Asset turnover ratio of a firm is sales divided by total assets. If this ratio falls the revenue of the firm has declined, but since the profit margin has increased means company has made efforts to cut down its expenses and cost. If the debt has decreased then its equity portion will increase resulting in ROE to increase.

Answer: a. Cross functional team

b. Problem solving team

c. Self directed team

Explanation:

a. Cross-functional team refers to the group of people that has different functional expertise whom work tomorrow together towards a common goal. It basically includes all the employees in an organization.

b. Problem Solving Teams are the team that's formed in an organization in order to solve a particular problem. Since the company wants to find a way to reduce the waste that's generated, this team was formed

c. Self-directed work team is a team that's made up of people who combine their skills, experiences and talents together and work without being supervised in order to achieve a common goal. This type of team is particularly difficult to implement because it requires specific self-management and team skills that many employees lack.

Answer:

It will take 3.5 years to cover the initial investment.

Explanation:

Giving the following information:

Initial investment= $26,500

Cash flows:

1 6,000

2 8,000

3 10,000

4 5,000

5 3,000

The payback period is the time required to cover the initial investment:

Year 1= 6,000 - 26,500= -20,500

Year 2= 8,000 - 20,500= -12,500

Year 3= 10,000 - 12,500= -2,500

Year 4= 5,000 - 2,500= 2,500

To be more accurate:

(2,500/5,000)= 0.5

It will take 3.5 years to cover the initial investment.

The expected payback period is 3.19 years.

Expected payback period is the amount of time it take to recover the amount invested from the cumulative cash flows.

Amount invested = $26,500

Cumulative cash flow in year 1 = $6000

Cumulative cash flow in year 2 = $14, 000

Cumulative cash flow in year 3 = $24,000

Cumulative cash flow in year 4 = $29,000

Cumulative cash flow in year 5 = $32,000

The amount invested would be recovered in the third year.

3 + [tex]\frac{29,000 - 24,000}{26,500}[/tex] = 3.19 years

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Answer:

En mi opinión personal sería cara a cara. Por qué así se puede expresar lo que uno quiere decir y en los otros no.

Explanation:

Espero ayudarte suerte

Answer:

answer: true

Explanation:

hope it helps thanks

Answer:

Gecko Toy Company

1. Analysis of Transactions, using the balance sheet equation approach:

a. Inventory $1 million Accounts Payable $1 million

b. Accounts Receivable $1.5 million Cash, $200,000 Equity: Sales Revenue  $1.7 million

c. Inventory ($1.3 million) Equity: Cost of goods sold ($1.3 million)

d. Cash ($84,000) Prepaid Rent $63,000 Equity: Rent Expenses $66,000  

e. Equipment (Acc. Depreciation) ($20,000) Equity: Depreciation Expense ($20,000)

f. Cash $1.25 million Accounts Receivable ($1.25 million)

g. Cash ($200,000) Equity: Wages Expense ($200,000)

h. Cash, ($70,000) Equity: Miscellaneous expenses ($70,000)

i. Cash ($900,000) Accounts Payable ($900,000)

j. Cash ($100,000) Equity: Dividends ($100,000)

2. Statement of Income:

Sales Revenue                       $1.7 million

Cost of goods sold              ($1.3 million)

Gross profit                          $0.4 million

Rent Expenses                      ($66,000)

Depreciation Expense          ($20,000)

Wages Expense                 ($200,000)

Miscellaneous expenses     ($70,000)

Total expenses                   $0.356 million

Net income                         $0.044 million

Statement of retained earnings:

Retained earnings               645,000

Net income                            44,000

Dividends                           (100,000)

Retained earnings             589,000

Gecko Toy Company

Balance Sheet, December 31, 20X1

Assets                                                Liabilities and Stockholders’ Equity

                                                          Liabilities

Cash                             $ 496,000   Accounts payable             $ 900,000

Accounts receivable      650,000    Stockholders’ equity

Merchandise inventory 560,000     Paid-in capital                    $360,000

Prepaid rent                     63,000     Retained earnings               589,000

Equipment                       80,000     Total stockholders’ equity   949,000

Total                          $1,849,000     Total                                 $1,849,000

3.  Accounts and Financial Statements that would change:

Assets (Cash) will increase by $100,000 (Balance sheet)

Liabilities (Dividends Payable) will increase by $100,000 (Balance sheet)

Explanation:

a) Data and Calculations:

Gecko Toy Company

Balance Sheet, December 31, 20X0

Assets                                                Liabilities and Stockholders’ Equity

                                                          Liabilities

Cash                             $ 400,000   Accounts payable              $ 800,000

Accounts receivable      400,000    Stockholders’ equity

Merchandise inventory 860,000     Paid-in capital                    $360,000

Prepaid rent                     45,000     Retained earnings               645,000

Equipment                     100,000     Total stockholders’ equity 1,005,000

Total                         $1,805,000      Total                                 $1,805,000

Analysis of Transactions, using the balance sheet equation approach:

a. Inventory $1 million Accounts Payable $1 million

b. Accounts Receivable $1.5 million Cash, $200,000 Equity: Sales Revenue  $1.7 million

c. Inventory ($1.3 million) Equity: Cost of goods sold ($1.3 million)

d. Cash ($84,000) Prepaid Rent $63,000 Equity: Rent Expenses $66,000  

e. Equipment (Acc. Depreciation) ($20,000) Equity: Depreciation Expense ($20,000)

f. Cash $1.25 million Accounts Receivable ($1.25 million)

g. Cash ($200,000) Equity: Wages Expense ($200,000)

h. Cash, ($70,000) Equity: Miscellaneous expenses ($70,000)

i. Cash ($900,000) Accounts Payable ($900,000)

j. Cash ($100,000) Equity: Dividends ($100,000)

Prepaid Rent

Account Title          Debit     Credit

Balance              $45,000

Cash                     84,000

Rent expense                      $66,000

Balance                                  63,000

Answer:

a. Event   Market for Factors of Production   Market for Goods and Services

1.           Market for Goods and Services (Simone spends $10 to order a mojito cocktail.)

2.          Market for Factors of Production (Simone earns $525 per week working for Classy's Jewelry Store.)

3.          Market for Goods and Services (Rajiv spends $175 to purchase a necklace from Classy's Jewelry Store.)

b. Flows from a household to a firm:

Simone spends $10 to order a mojito cocktail.

Rajiv spends $175 to purchase a necklace from Classy's Jewelry Store.

Explanation:

In the product market (the market for goods and services), Simone and Rajiv, representing households spend their earned income in exchange for goods and services produced by firms.  In the market for factors of production (factor market), Simone and Rajiv offer their labor, capital, and other factors of production to firms in exchange for income.  There is a continual exchange in the two markets between households and firms.

Answer:

The correct answer is complex and it is simplify in the explanation below.

Explanation:

To begin with, in the microeconomics theory the terms of cross price elasticity of demand and the own price elasticity of demand are refered as indicators that can help the company's manager to have a major perspective according to the situation in where they're in and therefore those economic indicators turn out to be strategic tools to use. And that is because they can measure the sensibility of the demand according to the price of the product. In the case of the cross-price elasticity, the demand will change depending on a variation of the price of a good of the competition, so that will explain that if for example the competition lower their prices then the demand of our product will probably go down because of that. So once said that, its importance relies in the fact that in the food industry the companies need to understand who are they competing with and that could be possible having in mind these terms.

Answer: True

Explanation:

The assumption of the LIFO method is that the most recent goods which are added to the inventory of a company have been sold first.

This brings about a better matching of the cost incurred and the revenue since the most recent products added are the ones which are then sold first. Therefore, the correct option is True.

Answer:

Explanation:

There are various steps that you should take to make sure that your product does not violate any IPs. First, you should make sure that those involved with the product sign an NDA. This document prevents these individuals from talking about the product with others, which prevents it's details from leaking and allowing competitors to beat you to market by releasing their own version of your product first. The other step that you should take would be to patent the design and trademark the name of the product. Doing so will make sure that the product is unique and that it does not interfere with already existant IP's, as well as preventing others from infringing on your product.

Answer: Quality Assurance with Quality Control

Quality assurance streamlines production and helps to ensure that the final products meet the company's quality criteria. It ensures that the processes used to design, test, and produce products will be done correctly.

Explanation:

Hope it helps

Answer:

a. The number of units purchased in October = 400

The cost per unit = $12

b-1. Cost of goods sold = $7,950

Ending inventory = $6,450

b-2. Cost of goods sold = $8,650

Ending inventory = $5,750

Explanation:

a) Data and Calculations:

Beginning inventory    300 units  at $10 per unit = $3,000

May purchases            600 units at $11 per unit =     6,600

October purchases     400 units at $12 per unit =    4,800

Goods available        1,300 units                             $14,400

Ending inventory        550 units

Goods sold                 750 units

a. The number of units purchased in October = 400 (1,300 - 300 - 600)

The cost per unit = $12 ($4,800/400)

b-1. Cost of goods sold and ending inventory using FIFO method:

Cost of goods sold:

300 units  at $10 per unit = $3,000

450 units at $11 per unit =     4,950  $7,950

Ending inventory = $6,450 ($14,400 - $7,950)

b-2. Cost of goods sold and ending inventory using LIFO method:

Cost of goods sold:

350 units at $11 per unit =     3,850

400 units at $12 per unit =    4,800

Total Cost of goods sold = $8,650

Ending inventory = $5,750 ($14,400 - $8,650)

Answer and Explanation:

The journal entries are shown below:

On Dec 26

Inventory $11,100

         To Accounts payable $11,100

(Being the purchase merchandise on account is recorded)  

On Dec 31

Account payable $11,100

           To Discount on account payable (2% of $11,100) $222

          To Cash $10,878

(being the cash paid is recorded)

These two entries should be recorded