The effect on the accounting equation from using supplies which had been previously recorded as an asset is that the assets will decrease and the owner's equity will decrease too.
The assets are the resources that the company has. The owner's equity refers to the proportion from the total value of the asset of a company that the owner can claim.Since the supply was recorded before as an asset, then the asset will reduce and the owner's equity reduces as well.In conclusion, the correct option is C.
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It is two weeks before finals and the campus coffee shop is anticipating a rush of student customers looking for their pre-study
caffeine boost starting next week. To prepare, the shop manager has started looking for temporary employees, but she isn't sure how
many to hire. She worries about the diminishing marginal product of each additional hire,
The table below shows a range of possible hires the coffee shop manager could make along with the total output (number of lattes
served per hour) and marginal product of labor that results from hiring each employee.
Following are the description of the marginal product.
The company's marginal product is indeed the additional products produced from more input. It is also known as just a marginal physical product.It improves the total production by providing one extra input unit into production. It measures the number of new units involve in adding an input unit such as materials, work, or overhead.Please find the complete question and its graph file in the attachment file.
[tex]\bold{Employees}[/tex] [tex]\bold{Total \ Out put}[/tex] [tex]\bold{MP \ of\ Labor}[/tex]
[tex]0 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0 \\\\ 1 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 5 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 5 \\\\ 2 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 15 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 10 \\\\ 3 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 30 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 15 \\\\ 4 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 42 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 12[/tex]
[tex]5 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 52 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 10 \\\\ 6 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 60 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 8\\\\ 7 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 64 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4 \\\\ 8 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 64 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0\\\\ 9 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 60 \ \ \ \ \ \ \ \ \ \ \ \ \ -4[/tex]
[tex]10 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 55 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ -5[/tex]
importance of having a business plan to ensure the success of a business
Answer:
The importance of a business plan is to help plan out how you want a business to go and to also show how to get around or through obstacles.
Which statement below best represents the technological environment of business?
a. Because service businesses employ approximately 86 percent of the nation's workforce, we now have a
service economy
O b. Every day, business owners must figure out what makes their business successful and how the goods and
services they provide are different from the competition.
O c. Many businesses are now using social media to provide customers with information about products and
services,
O d. Both small and large business firms reduced both spending and hiring new employees during the last
recession because of the nation's unstable economy.
e. There are many "potential customers in developing nations that will buy goods and services manufactured
by U.S. firms
Every day, business owners must figure out what makes their business successful and how the goods and services they provide are different from the competition.
The statement b is the correct one and best represents the technological environment of business, since a technological environment in organizations is one whose knowledge development generates creative innovations that improve a company's products and services.
Technology affects the operationalization as a whole, bringing more solutions and differentiation to a company, which is essential for companies to survive in the long term in a competitive and globalized environment.
So business owners must find out what makes their businesses successful and how products and the services they provide are different from those of the competition.
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Naomi plans on saving $3,000 a year and expects to earn an annual rate of 10.25 percent. How much will she have in her account at the end of 45 years
D. $2,333,572
To find the future value of annuity ordinary the formula is
Fv=pmt [(1+r)^(n)-1)÷r]
Fv future value?
PMT payment per year 3000
R interest rate 0.1025
N time 45 years
So
Fv=3,000×(((1+0.1025)^(45)−1) ÷(0.1025))=
$2,333,571.66
Good luck!
When the time comes for a group of people eating together at a restaurant to pay their bill, sometimes they might agree to split the costs equally and other times will pay individually. If this decision were made in advance, would it affect what they order
Explanation:
When the time comes for a group of people eating together at a restaurant to pay their bill, sometimes they might agree to split the costs equally and other times will pay individually. If this decision were made in advance, would it affect what they order
Normally, if interest rates rise, the value of Master Limited Partnership (MLP) units will also rise in value.
a. True
b. False
what are some sales channels for detailing cars (service)?
Answer:
make me Brainlist
There are basically four types of marketing channels:
Direct selling;
Selling through intermediaries;
Dual distribution; and.
Reverse channels.
what is the importance of salesmanship
Answer:Salesman helps the consumers in making the right decision and proper selection of the products which they want to buy.
Explanation:
Answer:
A salesman educates and guides consumers. They help consumers make the right decisions and proper selection of the products they want to buy. Salesmanship increases the rate of turnover, hence reducing unsold stock.
if the supply of a product decreases we would expect
Answer:
The supply wouldn't sell as good because they don't have the product
Explanation:
Your daughter will be going to college in three years. Tuition fees are estimated at
$30,000 million a year for four years, payable at the beginning of each year. To estimate whether you have set aside enough money, you ignore possible inflation in tuition payments and assume that you can earn 8 percent annually on your investments. Suppose you would like to have enough money to fund her 4-year education at the time she starts college, how much should you set aside now to cover these payments?
Answer:
107312.91 million
Explanation:
[tex]30000*(1.08)*(\frac{1-(1+.08)^{-4}}{.08})=107312.9096[/tex]
Nico has a net worth of $150,000. Nico sold all of his assets for cash and used that cash to pay off all debts and obligations. In theory, how much cash would remain with Nico
The cash that should remain with Nico is $150,000.
The following information should be considered:
Net worth represents the wealth of an individual & company.It shows a difference between the assets & liabilities.Given that,
The net worth is $150,000.As the assets are sold for cash and used to pay off the debts.Therefore we can conclude that the cash that should remain with Nico is $150,000.
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The company's bank reconciliation at June 30 included interest earned in the amount of $150. Complete then by selecting the account names and dollar amounts from the drop-down menus. View transaction list Journal entry worksheet > < 1 The company's bank reconciliation at June 30 included interest earned in the amount of $150. Complete the necessary journal entry by selecting the account names and dollar amounts from the drop-down menus. Note: Enter debits before credits General Journal Debit Credit Dato June 01 Record entry Clear entry View general Journal
Answer:
0
Explanation:
you can use 150-150 because it's an amounts of$150
Answer:
$150 credit and to find debt first you would enter all these values into your calculator by filling in original balance in replace of 0000.00 x 0.00 interest
000.000 x 0.00 interest
and enter percent in replacement to the last zero if 0-9
and 2nd from last zero if 10 - 99 %
ie) 4% is 0.04 for 4% debt
for credit 4$ is 1.04
Observing the distribution of goods and services to competing groups and understanding how society chooses to employ resources in this process is the study of:_______.
Answer:
Observing the distribution of goods and services to competing groups and understanding how society chooses to employ resources in the process is the study of economics.
Explanation:
Economics is the investigation of how social orders utilize scant assets to create significant products and disperse them among various individuals.
The distribution of goods and services to competing groups and understanding how society chooses to employ resources in the process is the study of economics.
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what an example of current Marketing situation of a business or service
describe two benefits you enjoy because of free market system
(A) lower prices for goods and services.
(B) higher-quality goods and services for the consumer.
(5) Explain how the looting of shops and malls will affect businesses in terms of the relationship between social responsibility and Triple bottom line TION 2: HUMAN RIGHTS Read the scenario below and answer the questions that follow HAMELN CONSTRUCTIONS LIMITED (HCL) Hameln Constructions Limited is a large company that has hired many employees. HCL ensures that there is an open communication channel between senior management and employees. They also observe their employees right to participate in a legal strike 2.1.1 Identity TWO categories of rights that HCL promotes. Motivate your answer by quoting from the scenario above Use the table below as a GUIDE to answer QUESTION 211. CATEGORIES OF RIGHTS MOTIVATIONS 2 12 Suggest ONE other way in which HCL can deal with any of the category of rights
Answer:
call BBC xffguohgucudogzjfuritkgkta ovmxfv
At an output level of 50 units per day a firm has average total costs of $60 and average variable costs of $35.
Its total fixed costs are:_______.
A. $925.
B. $1,250.
C. $1,750.
D. $3,000.
Crane Company had these transactions during the current period.
June 12 Issued 79,500 shares of $1 par value common stock for cash of $298,125.
July 11 Issued 3,650 shares of $105 par value preferred stock for cash at $113 per share.
Nov. 28 Purchased 3,200 shares of treasury stock for $8,800.
Prepare the journal entries for the Crane Company transactions shown above.
Answer:
c
Explanation:
Management accounting guidelines. For each of the following items, identify which of the management accounting guidelines applies: cost-benefit approach, behavioral and technical considerations, different costs for different purposes.
1. Analyzing whether to produce a component needed for the end product or to outsource it.
2. Deciding whether to compensate the sales force by straight commission or by salary.
3. Adding the cost of store operations to merchandise cost when deciding on product pricing, but only including the cost of freight and the merchandise itself when calculating cost of goods sold on the income statement.
4. Considering the desirability of purchasing new technology.
5. Weighing the cost of increased inspection against the costs associated with customer returns of defective goods.
6. Deciding whether to buy or lease an existing production facility to increase capacity.
7. Estimating the loss of future business resulting from bad publicity related to an environmental disaster caused by a company's factory in the Philippines, but estimating cleanup costs for calculating the liability on the balance sheet.
Key guidelines on accounting management allow accounting professionals can deliver value to their company's strategy and operational judgment. The criteria for key management accounts are:
Employing an approach to costs and benefits:Helps accounting examine allocation decisions such as buying
and buying; buying vs. buying.
Considerations of compliance and technology:Technical considerations allow managers to take perv financial
choices through the dissemination of data in the required format;
behavioral factors allow managers to give their colleagues
thorough information to guide people in improving their skills.
Various costs in various applications:In certain scenarios, management accountants will explore
adopting alternative ways to cost computing. The rationale is
because cost concepts are interpreted differently relying upon the
end-use purposes.
Approach to cost advantages:This can be a useful tool for visualizing the impact and effects
of the action.
Approach to cost advantagesApproach to cost advantagesConsiderations of compliance and technologyLearn more:
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Required information Skip to question [The following information applies to the questions displayed below.] Assume you are the president of High Power Corporation. At the end of the first year of operations (December 31), the following financial data for the company are available: Accounts Payable $ 32,800 Accounts Receivable 10,600 Cash 14,000 Common Stock 59,790 Dividends 2,020 Equipment 86,000 Notes Payable 1,550 Operating Expenses 59,100 Other Expenses 7,920 Sales Revenue 91,200 Supplies 5,700 Required: Prepare an income statement for the year ended December 31.
The net income for the year ended Dec 31 is $24,180.
The preparation of the income statement is presented below:Sales revenue $91,200
Less: operating expenses $59,100
Operating income $32,100
Less: other expenses $7,920
Net income $24,180
Therefore we can conclude that the net income is of $24,180
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The assets of Star Company are $170.000 and the total liabilities are $10,000. The equity is
160,000
Explanation:
160,000
Compared to the equilibrium price and quantity sold in a competitive market, a monopolist will charge a ________ price and sell a ________ quantity. Group of answer choices higher; smaller lower; smaller higher; larger lower; larger none of these options is correct.
Answer:
Will charge a higher price
Dell a smaller higher
Barbara is a producer in a monopoly industry. Her demand curve, total revenue curve, marginal revenue curve and total cost curve are given as follows:
Q = 160 - 4P
TR = 40Q - 0.25 img
MR = 40 - 0.5Q
TC = 4Q
MC = 4
How much output will Barbara produce?
a. 0
b. 22
c. 56
d. 72
e. none of the above
Coca Cola and PepsiCo approach international growth differently. Coca Cola is the world's largest snack-food producer and relies on overseas sales to make up for slower sales volumes in North America. In contrast, PepsiCo which is less diversified, derives only 32% of it sales from North America, an indication of the importance of international markets to its performance.
A. True
B. False
I think this answer was false
What is the LinkedIn Outreach Strategy?
Answer:
Outreach on LinkedIn means reaching out to the best prospects. A LinkedIn outreach strategy involves different steps, LinkedIn automation tools (LinkedCamp), and tactics to reach out to prospects with a proper message so they convert easily.
A perfect LinkedIn outreach strategy includes the following steps:
1. Finding the right prospects
2. Sending personalized messages
3. Building relationships and trust
4. Pitching your product
FINRA is a government agency with mandate to protect America's investors by making sure the securities industry operates fairly and honestly.
a. True
b. False
A necessary condition to use the equity method of reporting for an equity investment is that the investor company must
a. have the ability to exercise significant influence over the operating and financial policies of the investee.
b. own at least 30% of the investee's voting stock.
c. possess a controlling interest in the investee's voting stock.
d. not have the ability to exercise significant influence over the operating and financial policies of the investee.
Suppose the equilibrium price for bicycle tires is $42 but the market price falls to $37. Jerry is still able to make a profit at this lower price, so he stays in business. Anat, who was able to make a small profit by selling tires at $42, goes out of business as prices fall. Madison bought the tires at the higher price from Anat and is delighted to buy them at a lower price from Jerry. Marcus, who previously did not purchase tires, is willing to pay the lower price, so he buys new tires from Jerry. Which individual's situation contributes to a reduction in total surplus
Answer:
Anat's actions
Explanation:
A home equity loan can be risky because
Answer:
Because the lender can foreclose if they don't make your payments.
Lauren was accepted at three different graduate schools, and she must choose one. Elite U costs $50,000 per year and did not offer Lauren any financial aid. Lauren values attending Elite U at $60,000 per year. State College costs $30,000 per year and offered Lauren an annual $10,000 scholarship. Lauren values attending State College at $40,000 per year. NoName U costs $20,000 per year and offered Lauren a full $20,000 annual scholarship. Lauren values attending NoName at $15,000 per year. Lauren's opportunity cost of attending State College is
The opportunity cost of attending state college is $20,000.
The computation is given below:
Surplus arise from Elite U:= $60,000 - $50,000
= $10,000
Surplus arise from state college:= $40,000 + $10,000 - $30,000
= $20,000
Surplus arise from no name:= $15,000 + $20,000 - $20,000
= $15,000
So, the opportunity cost of attending state college is $20,000.
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