Think about the demand and supply changing at the same time. If both supply and demand are rising at the same time, the equilibrium price is not affected.
When supply and demand are balanced, the price is at equilibrium. It can be claimed that the forces of supply and demand are comparatively equal and the market is in an equilibrium price when a major index goes through a period of consolidation or sideways momentum.
Researchers have discovered that prices typically oscillate near the equilibrium price. Market forces will encourage sellers to enter the market and produce more if the price increases too much. More purchasers will place higher bids if the price is too low. Over time, these actions maintain the equilibrium level's relative equilibrium.
Market supply and demand must balance one another to reach equilibrium price, which leads to stable pricing. In general, when there is an abundance of products or services, prices decline, which increases demand, but when there is a scarcity, prices rise, which decreases demand.
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Alpine Stables, Inc. , is established in Denver, Colorado, on April 1, 2017, to provide stables, care for animals, and grounds for riding and showing horses. You have been hired as the new assistant controller. The following transactions for April 2017 are provided for your review. A. Received contributions from five investors of $ 60,000 in cash ($ 12,000 the following), a barn valued at \,000 , land valued at $ 90,000 , and supplies valued at $ 12,000. Each investor received 3,000 shares of stock with a par value of $ 0. 01 per share. B. Built a small barn for $ 62,000. The company paid half the amount in cash on April 1,2017 , and signed a three-year note payable for the balance. C. Provided $ 35,260 in animal care services for customers, all on credit. D. Rented stables to customers who cared for their own animals; received cash of $ 13,200. E. Received from a customer \ ,400 to board her horse in May, June, and July (record as unearned revenue). F. Purchased hay and feed supplies on account for $ 3,810 to be used in the summer. G. Paid $ 1,240 in cash for water utilities incurred in the month. H. Paid $ 2,700 on accounts payable for previous purchases. I. Received $ 10,000 from customers on accounts receivable. J. Paid $ 6,000 in wages to employees who worked during the month. K. At the end of the month, purchased a two-year insurance policy for \,600. L. Received an electric utility bill for $ 1,800 for usage in April; the bill will be paid next month. M. Paid $ 100 cash dividend to the following of the five investors at the end of the month.
Required:
(a) Set up appropriate T-accounts. All accounts begin with zero balances
Setting up the appropriate T-accounts for Alpine Stables, Inc. is as follows:
Cash AccountAccount Titles Debit Credit
Common Stock $150
Additional-Paid Capital $59,850
Barn $31,000
Service Revenue $13,200
Unearned Revenue $2,400
Utility Expense $1,240
Accounts Payable $2,700
Accounts Receivable $10,000
Wages Expense $6,000
Prepaid Insurance $9,600
Dividend $500
Balance $34,560
Totals $85,600 $85,600
Accounts ReceivableAccount Titles Debit Credit
Service Revenue $35,260
Cash $10,000
Balance 25,260
SuppliesAccount Titles Debit Credit
Additional Paid-Capital $12,000
Accounts Payable $3,810
Balance $15,810
Prepaid InsuranceAccount Titles Debit Credit
Cash $9,600
LandAccount Titles Debit Credit
Additional Paid-Capital $90,000
BarnsAccount Titles Debit Credit
Additional Paid-Capital $120,000
Cash $31,000
Notes Payable $31,000
Balance $182,000
Common StockAccount Titles Debit Credit
Cash $150
Additional Paid-in CapitalAccount Titles Debit Credit
Cash $59,850
Barn $120,000
Land $90,000
Supplies $12,000
Balance $281,850
DividendAccount Titles Debit Credit
Cash $500
Note PayableAccount Titles Debit Credit
Barns $31,000
Accounts PayableAccount Titles Debit Credit
Supplies $3,810
Cash $2,700
Utility Expense $1,800
Balance $2,910
Unearned RevenueAccount Titles Debit Credit
Cash $2,400
Service RevenueAccount Titles Debit Credit
Accounts Receivable $35,260
Cash $13,200
Balance $48,460
Utility ExpensesAccount Titles Debit Credit
Cash $1,240
Accounts Payable $1,800
Balance $3,040
Wages ExpenseAccount Titles Debit Credit
Cash $6,000
Transaction Analysis:Cash $60,000 Barn $120,000 Land $90,000 Supplies $12,000 Common Stock $150 Additional Paid-in Capital $281,850
Barn $62,000 Cash $31,000 Note Payable $31,000
Accounts Receivable $35,260 Service Revenue $35,260
Cash $13,200 Service Revenue $13,200
Cash $2,400 Unearned Revenue $2,400
Supplies $3,810 Accounts Payable $3,810
Utility Expense $1,240 Cash $1,240
Accounts Payable $2,700 Cash $2,700
Cash $10,000 Accounts Receivable $10,000
Wages Expense $6,000 Cash $6,000
Prepaid Insurance $9,600 Cash $9,600
Utility Expense $1,800 Accounts Payable $1,800
Dividend $500 Cash $500
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Three years ago, kenesha purchased $2,000 worth of stock in a major u. S. Corporation. Today, kenesha decides to sell all her shares for $15,000. Kenesha will be subject to?.
Kenesha will be subject to Long term capital gains of $ 13,000.
When the stock is held for more than 24 month then the gain on the sales of stock are long term capital gain.
Long term capital gain = Sale Price - Purchase Price
= 15,000 - 2,000
= $13,000
The value difference between the sale price and the acquisition price is used to calculate the long-term capital gain or loss. The amount here represents the investor's net gain or loss from selling the asset. The net gain or loss a shareholder incurred upon the sale of an asset held for less than a year is short-term capital gains or losses. Long-term capital gains are subject to a lower tax rate from the Internal Revenue Service (IRS) than are short-term capital gains.
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Suppose you are buying your first condo for $180,000, and you will make a $15,000 down payment. You have arranged to finance the remainder with a 30-year, monthly payment, amortized mortgage at a 6. 5% nominal interest rate, with the first payment due in one month. What will your monthly payments be?.
If we arranged to finance the remainder with a 30-year, monthly payment, amortized mortgage at a 6. 5% nominal interest rate, with the first payment due in one month. The monthly payments amount be $1,042.91
Purchase Price of Condo $180,000.00
Down payment $15,000.00
Loan amount $165,000.00
Terms in years 30
Annual interest rate 6.50%
Monthly interest rate 0.5417%
No. of monthly loan payment 360
Monthly payment amount $1,042.91
The term "Monthly Payment Amount" refers to the total of the interest payable under this Note on the portion allocated as Fixed Rate Tranche A at the Fixed Interest Rate in the amounts for each such Payment Date set forth on Annex 1 attached hereto and incorporated herein by this reference or as provided by Payee to Maker in connection with the initial Fixed Interest Rate Interest Period from and including the First Payment Date through the Maturity Date.
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Typically, Joseph buys a single tire at a time for his truck. However, he sees an advertisement for a "buy 3, get 1 free" offer from a local tire shop and decides to take advantage of the deal. Joseph's decision is mostly based on
his preference for a brand of tire
the limited income he earns
the price of alternatives to tires
the sale price of the tires
Based on the fact that Joseph decides to take advantage of the "buy 3, get 1 free," his decision is mostly based on the sale price of the tires.
What is Joseph's decision based on?The only reason why Joseph decided to take the deal the advertisement offered to "buy 3, get 1 free." it means that he only took the deal to make some savings on having to buy an additional fourth tire at full cost.
This means that Joseph's decision to buy the tires was based on the reduced sales price of the tires.
In conclusion, Joseph's decision was mostly based on the sale price of the tires.
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As the manager of an office supply store, raven seems to be constantly confronted with problems. She tries very hard to create alternative solutions and then evaluate them. Often, raven implements the selected solution, but then another problem arises. She begins to express her frustrations by accusing employees of not fully executing the solution as described in her plan. What style of decision making does raven use?.
Answer:
Rational
Explanation:
She wants to be able to find a solution, and the coworkers need to work together to get stuff done.
The style of decision-making raven use is rational. Thus the correct option is B.
What is Manager?A manager is refer to an individual in an organization who is responsible for coordinating and controlling the functions of the organization and helps to perform business activities smoothly and timely.
In this case, it is given that Manager named Raven is facing problems in working and tries to develop alternative solutions and evaluate them. In this method when she resolves one problem, another rise.
This caused her frustration with employees so in this situation she should use a rational decision-making model in which she should implement strict actions or plans to fulfill the objective of the business by using a logical approach.
She should conduct research about the facts causing problems and by using evidence reached on alternative outcomes to make the final decision that can be considered appropriate for the organization.
Therefore, option B is appropriate.
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As director, how would you respond to the conflict among the different stakeholders of fresh start? check all that apply.
As director, I would respond to the conflict among the different stakeholders of Fresh Start by Building trust-based relationships with stakeholders.
What is conflict?conflict can be described as the disagreement that exist between two or more parties this can be in the political world as well as the business world.
However, a stakeholder which can be described as the party which posses an interest in a company and as a result of their participation in the business their action can affect or be affected by the business and it should be noted that they are in a typical corporation as investors, suppliers can involves in a conflict of any type , however As director, I would respond to the conflict among the different stakeholders of Fresh Start by Building trust-based relationships with stakeholders.
In conclusion conflict can be described as the struggle between parties which could be resolved by different techniques.
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The options:
by Building trust-based relationships with stakeholders.
by engaging the customer in the business
By emphasizing on the prtofit.
Given linear demand curves, if demand increases and supply decreases, then __________.
Given linear demand curves, if demand increases and supply decreases, then:- the equilibrium price will increase, but the effect on the equilibrium quantity will be ambiguous.
What is the demand and supply curve?The link between the quantity of a good that producers want to sell at different prices and the quantity that customers want to buy is known as supply and demand in the study of economics. It serves as the primary model for determining prices in economic theory. The interaction of supply and demand in a market determines the price of a good.
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a simple economic model predicts that a fall in the price of bus tickets means that more people will take the bus. however, you observe that some people still do not take the bus even after the price of a ticket fell.
A straightforward economic model predicts that an increase in bus ridership will result from a decrease in the cost of bus tickets. Even though bus fares have decreased, you notice that some people continue to refuse to board the vehicle. No, because it foresees an increase in the general number of bus riders.
What is economic model?A model in economics is a theoretical construction that represents economic processes through a collection of variables and a set of logical and/or quantitative relationships between them. The economic model is a simplified, frequently mathematical, framework used to explain intricate processes. Economic models frequently suggest structural variables. A model may contain a variety of exogenous variables, and those variables may alter to produce different responses from economic variables. Investigation, theorizing, and adapting theories to the real world are all examples of methodological uses of models.
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The demand curve for one particular brand of cough syrup will _____ the demand curve for cough syrup as a general category.
The demand curve for one particular brand of cough syrup will be more elastic than the demand curve for cough syrup as a general category.
What is meant by Demand Curve ?
The relationship between the cost of an item or service and the quantity demanded over a specific time period is represented graphically by the demand curve. The price and quantity demanded are often represented with the price on the left vertical axis and the horizontal axis, respectively.
The law of demand states that when the price of a given good rises, the quantity required falls, all other things being equal. This is expressed by the demand curve moving downward from the left to the right.
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prepare a balance sheet for alaskan peach corporation as of december 31, 2022, based on the following information: cash = $194,000; patents and copyrights = $848,000; accounts payable = $295,000; accounts receivable = $254,000; tangible net fixed assets = $5,110,000; inventory = $539,000; notes payable = $188,000; accumulated retained earnings = $4,596,000; long-term debt = $1,240,000.
We prepare a balance sheet for Alaska Peach Corporation as of December 31, 2022, based on the following information: 6,945,000
Asset
Cash =194,000
Account receivable= 254,000
Inventory = 539,000
Current asset =987,000
Patent and copyright = 848,000
Tangible net fixed asset = 5,110,000
Total asset= 6,945,000
Liabilities
Account payable= 295,000
Notes payable =188,000
Current liabilities = 483,000
Long term debt=1,240,000
Total liabilities = 1,723,000
Accumulated reatined earning= 4,596,000
Common equity= 626,000
total liabilities and equity = 6,945,000
Whether you are an organization or not. ment or non-profit organization.
A balance sheet is a statement of a company's assets, liabilities and equity at a particular point in time. A balance sheet is usually produced at the end of a specific period (quarterly, annually, etc.). A balance sheet consists of two columns. The left column lists the company's assets.
A balance sheet provides a snapshot of a company's financial position at a particular point in time. In addition to income and cash flow statements, the balance sheet helps business owners assess the financial health of their business.
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during and immediately after the second world war, many americans looking for an apartment had to spend weeks or months in an often futile search for a place to live, or else resorted to bribes to get landlords to move them to the top of waiting lists. meanwhile, they doubled up with relatives, slept in garages or used other makeshift living arrangements, such as buying military surplus quonset huts or old trolley cars to live in. all of these happened because:
All of these happened because rent control rules prevented house prices from rising as they otherwise would have.
What are rent control rules?A landlord is only permitted to charge a certain price for renting a property or renewing a lease under a government policy called rent control.An apartment with rent control has a cap on the amount a landlord can charge for rent. Government programs determine the cap, and local governments implement rent control regulations. They are not mandatory in all states or towns. Rent can be kept cheap for individuals who cannot afford a market-rate or above-market-rate house when it is "managed" in this manner, which prevents landlords from arbitrarily raising rent prices year after year.Learn more about rent control here:
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A reactive stance to the marketing environment is best described as one where marketers _______.
A reactive stance to the marketing environment is best described as one where marketers implement campaigns before using data and analytics to judge their success.
This is further explained below.
What is a reactive stance?Generally, Marketers often approach data from a reactive perspective, meaning that they implement campaigns before using data and analytics to judge their success. However, the next campaign will already be underway by the time all the data is examined.
In conclusion, Marketers often handle data in a reactive manner; in other words, they implement campaigns and then use data and analytics to evaluate their success.
The next campaign, however, is well underway by the time all the data is examined.
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How will the federal tax affect a biweekly pay of $740 for a single person claiming 1 exemption? a. it increases the biweekly pay by $62. b. it decreases the biweekly pay by $62. c. it increases the biweekly pay by $65. d. it decreases the biweekly pay by $65.
How will the federal tax affect a biweekly pay of $740 for a single person claiming 1 exemption?
a. it increases the biweekly pay by $62.
b. it decreases the biweekly pay by $62.
c. it increases the biweekly pay by $65.
d. it decreases the biweekly pay by $65.
Option d is correct.
What do you understand by federal tax?
US federal income tax is a tax collected by the Internal Revenue Service (IRS) on the annual income of individuals, corporations, trusts and other legal entities. Federal income taxes apply to all forms of earnings that constitute a taxpayer's taxable income, including wages, salaries, commissions, bonuses, tips, investment income, and certain types of unearned income.In the US, federal income tax rates for individuals are progressive, meaning that as taxable income increases, so does the tax rate. Federal income tax rates range from 10% to 37% and begin at specific income thresholds. The income ranges to which the rates apply are called tax bands. Income that falls into each group is taxed at the appropriate rate.The federal corporate tax rate is a flat 21% (reduced from 35% by the Tax Cuts and Jobs Act passed in late 2017).To learn more about federal tax, refer to:
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Answer:
D
Explanation:
As the manager of an office supply store, raven seems to be constantly confronted with problems. She tries very hard to create alternative solutions and then evaluate them. Often, raven implements the selected solution, but then another problem arises. She begins to express her frustrations by accusing employees of not fully executing the solution as described in her plan. What style of decision making does raven use?.
As the manager of an office supply store, Raven seems to be constantly confronted with problems. She tries very hard to create alternative solutions and then evaluate them. Often, Raven implements the selected solution, but then another problem arises. She begins to express her frustrations by accusing employees of not fully executing the solution as described in her plan. Raven uses a rational style of decision making.
A rational style of decision-making is one in which proper logical steps are decided to be implemented for the completion of a certain task.
In the case above, Raven works hard in forming proper, logical solutions to the problems that arise. Hence, she is using the rational style of decision-making when forming solutions for a problem. She has the ability to identify a problem, assess it, and form a solution which is the way of working a rational style of decision making.
Other options, such as nonrational decision-making, are not correct as in this type of decision-making, intuitive judgment is used. Intuitive judgment is not being used by Raven for problem-solving.
Although a part of your question is not complete, you might be referring to this question:
As the manager of an office supply store, Raven seems to be constantly confronted with problems. She tries very hard to create alternative solutions and then evaluate them. Often, raven implements the selected solution, but then another problem arises. She begins to express her frustrations by accusing employees of not fully executing the solution as described in her plan. What style of decision-making does Raven use?
non-rational
rational
intuitive
satisficing
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Spots, inc. produces ink and sells it to write on target, which makes pens. the ink produced by spots, inc. is called:____
a. an intermediate good.
b. an inventory good.
c. a transitory good.
d. a final good.
Spots, inc. produces ink and sells it to write on target, which makes pens. the ink produced by spots, inc. is called an intermediate good.
An intermediate good is a good which is produced by a certain firm which is then used as an input for the production of another goods.
These type of goods is usually traded between the different firms and also serves as a resource to produce a final good, that means , a product which is ready to consume and is sold in the market.
Some intermediate goods can be considered as final goods, for example sugar can be purchased directly by the consumers or it can be used to produce jams.
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According to the video, what are some tasks that Construction Managers perform? Select four options.
installing plumbing and electrical fixtures
purchasing land to build on
deciding on construction methods
hiring contractors
selling building materials to laborers
making schedules
getting permits and licenses
creating architectural plans
Tasks. To fulfill deadlines, arrange or manage the activities of a construction project. Prepare and send cost tracking reports, progress reports, or budget estimates. Thus option C, D, F, G is correct.
What are Construction Managers to perform?A representative of the owner or developer, such as administrative personnel, employees, or clients, shall interpret and explain the plans and the conditions of the contract.
Construction project planning, coordination, budgeting, and completion are all under the control of construction managers.
A construction manager performs the following duties at a high level: The entire building project is planned out with deadlines and checkpoints. Employs and oversees personnel and contractors.
Therefore, the planning or management of a construction project's activities to meet deadlines.
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Suppose you borrow $5,000 from the bank. the loan terms require you to repay $6,299 three years from now. what is the annual interest rate you would be agreeing to?
The amount of interest payable each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate. The amount lent or borrowed determines the total interest charged,
The Interest Rate Would be 8%Calculation is as follows
F = P ( F / P , 10 % ,5) is the formula for determining Rate given a current value of P.
The right response is 8%.
Also,
Calculation of the repayment amount due at the conclusion of the fifth year
Future Value = (F/P, 10%, 5000)= 5000 * 1.61051= $8052.5to Learn more about interest rates, Click the links.
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According to sports business journal analysis, which company is handling the highest percentage of betting in the only eight states in which regulators break out results by individual sportsbooks?.
According to sports business journal analysis, Fanduel is handling the highest percentage of betting in the only eight states in which regulators break out results by individual sportsbooks.
What is Fanduel?The American gaming corporation Fanduel Group offers online casinos, daily fantasy sports, horse racing, and sportsbooks. The business runs daily fantasy sports services, online horse race betting, and sportsbooks in a number of states, including New Jersey, Pennsylvania, Indiana, and West Virginia.
The business was first established as a provider of daily fantasy sports, primarily competing with Draft Kings. In May 2018, as sports betting became more widely legalized in the US, Fanduel decided to merge with Paddy Power Betfair's US operations to form Fanduel Group. Paddy Power Betfair is now known as Flutter Entertainment. With Fanduel serving as the company's primary U.S. brand, the acquisition aimed to capitalize on the company's current user base and brand familiarity.
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FanDuel is among the only eight states where regulators break out outcomes by individual sportsbooks, according to a Sports Business Journal study of handle.
What is Fanduel ?The biggest US online sports betting company is FanDuel, but DraftKings is not far behind. FanDuel is owned by Flutter Entertainment, the largest online gaming firm in the world, whereas DraftKings is a stand-alone business that was listed on the Nasdaq after its merger with SBTech.First, the fundamentals Under federal law, FanDuel is 100 percent legal. The United States government views fantasy sports, such as daily fantasy baseball, football, and basketball, as a game of skill as opposed to online slots or internet poker.To learn more about Fanduel refer:
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the core principles of economics — end of chapter problem ivan has inherited his mother’s 1963 chevrolet corvette, which he values at $45,000. he decides that he might be willing to sell it, so he posts it on craigslist for $55,000. samantha is interested and willing to pay up to $72,000 for one.
Yes, Ivan and Samantha both voluntarily enter the trade because they both profit in their own ways. Ivan got more money than expected. This is a producer surplus for him. There is a consumer surplus because Samantha is paying less than she is willing to pay. Therefore, both benefit from the transaction.
Producer surplus to Ivan = Amount received - willing to sell amount = 55000-45000 = 10000
Consumer surplus to Samantha = willing to pay - Actual amount paid = 72000 - 55000 = 17000
Economic surplus = Consumer + Producer surplus = 10000+17000 = 27000$.
Starting prices for the 2022 Chevrolet Corvette are $60,900 for the coupe model and $68,400 for the convertible. This is average for elite athletes. In the world of high-end sports cars, the 2021 Chevrolet Corvette is proving to be a great bargain. Its overall value is hard to beat. Chevy lists the new model at a starting MSRP of just under $59,000. This is an incredible price for a car that offers so much style and performance.
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Hillman corporation reported a decrease in accounts receivable of $391,216. This is best defined as a _________ of cash on the _______________ segment on the statement of cash flows.
Hillman corporation reported a decrease in accounts receivable of $391,216. This is best defined as a source of cash of cash on the operating activities segment on the statement of cash flows.
What is account receivable?Account receivable can be defined as the money a company is expecting to received from their customers for the services they rendered to their customers which is why account receivable is classified as a current assets.
So,
Source of cash = Asset
Accounts Receivable = Asset
Therefore the statement that filled the gap is source of cash, operating activities.
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14. assume that sweeten company used cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to establish selling prices for all of its jobs. what selling price would the company have established for jobs p and q? what are the selling prices for both jobs when stated on a per unit basis? (do not round intermediate calculations. round your final answers to nearest whole dollar.)
Considering the markup and the costs %, Job P's selling price would be $4,545 and Job Q's price would be $1,848.
What are the predetermined overhead rates?
Molding department:
= Variable overhead cost per hour + (Estimated overhead / Estimated machine hours used)
= 1.40+ (10,000/ 2,500)
= $5.40
Fabrication Department:
= 2.20 + (15,000 / 1,500)
= $12.20
Manufacturing overhead of Job P
= (Molding department hours x Overhead rate) + (Fabrication department hours X Overhead rate)
= (1,700 x 5.40) + (600 x 12.20)
= $16,500
Manufacturing overhead of Job Q
= (800 x 5.40) + (900 x 12.20)
= $15,300
Selling price of Job P
= ((1+ markup percentage) x (Direct materials + Direct labor + Manufacturing overhead)) / Number of Job Q units
= ((1+80% ) x (13,000 + 21,000 + 16,500)) / 20
= $4,545
Selling price of Job Q
= ((1+80% ) x (8,000 + 7,500 +15,300))/ 30
= $1,848
Therefore, the selling prices are $4,545 and $1,848 respectively.
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When both parties to a contract agree to substitute a new agreement for the present one, this is known as a:______.
When both the parties to a contract agree in order to substitute a new agreement for the present one, this is known as a novation.
Novation is referred to as replacing with a new contract and here the same obligations are thus performed by different parties. Under novation, the liabilities which are existing under the contract are extinguished.
So a novation is an agreement which is made between two of the contracting parties in order to allow for the substitution of a new party for an existing one.
Hence, novation is a substitution of old contract with a new contract by the mutual agreement between the parties.
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Of the over $550 million dollars lent to low-income individuals or to those who do not have access to typical banking services, what was the approximate average size of a loan made by the kiva microfinance services organization?.
The approximate average size of a loan made by the kiva microfinance services company was $416.62 out of the more than $550 million dollars provided to low-income people or to those who lack access to conventional banking services.
The range of financial products that microfinance institutions (MFIs) offer to their clients, including microloans, microfinance, and microinsurance products, is referred to as "microfinance." Microfinance was created in the 1970s when social entrepreneurs began providing substantial loans to the working poor.
One individual whose contributions to microfinance have made him well-known on a worldwide basis is Professor Muhammad Yunus, who shared the 2006 Nobel Peace Prize alongside Grameen Bank. Yunas and Grameen Bank have demonstrated that the poor are capable of escaping poverty. Additionally, Yunus demonstrated that loans provided to the working poor had relatively high payback rates when structured properly. His work attracted both profit-seeking capitalists and social engineers.
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What is true about open ended credit
Answer :
An open circuit implies that the two terminals are points are externally disconnected, which is equivalent to a resistance R=∞ . This means that zero current can flow between the two terminals, regardless of any voltage difference.
In 2018, country a exports $84.9 billion and imported products valued at $74.69 billion. the difference between the dollar value of its exports and imports represents a:_____.
In 2018, country a exports $84.9 billion and imported products valued at $74.69 billion. The difference between the dollar value of its exports and imports represents a Trade Surplus.
A trade surplus is an economic indicator which indicates a favorable trade balance when a nation's exports are more than its imports.
It is calculated as : Total value of Exports minus Total value of Imports.
When the outcome of the computation which is done above is positive, there is a trade surplus. A trade surplus is the result of a net local money inflow from the international markets.
It takes place when the outcome of the aforementioned computation is negative and is the opposite of a trade surplus, then it will denote a net inflow.
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Preparing equipment that is used in a process is considered overproduction muda.
a. True b. False
It is false that the preparation of the equipment in a production process is considered as muda overproduction.
What is team preparation?The preparation of equipment is a term that refers to the process of putting into operation different elements that will contribute to a production process so that it works effectively and the owner has the highest productivity.
Why is it not considered as an overproduction?The preparation of the equipment should not be considered as an overproduction since it is a necessary process for the start-up of a factory. Therefore, the products that can be manufactured in the process of preparing the equipment are not considered overproduction because they are products that are not going to be used later nor will they have all the quality standards to sell or offer to consumers.
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solving for annuity payments (pmt) you just bought a $10,000 annuity that provides annual payments at the end of each of the next six years. if the appropriate interest rate is 11%, what annual payment will you receive each year? enter the data into your calculator: n
Annual payment received annually: $2,363.77.
Information Provided:
Present Value = $10,000
Hours = 6 Years
Interest Rate = 11%
Annual Payments are calculated by entering the following into the financial calculator:
PV = -10,000
N = 6
I/Y = 11 Press
CPT and PMT to calculate your monthly payment.
The resulting value is 2,363.77.
So the annual payment I receive each year is $2,363.77.
Payment is the voluntary offering of money or equivalents or anything of value by one party in exchange for goods or services to be provided or to comply with a legal obligation. The party making the payment is commonly referred to as the payer and the payee is the party receiving the payment.
Payment is the transfer of money, goods, or services in exchange for goods or services on acceptable terms and conditions previously agreed upon by all parties. Payments can be made in the form of exchange services, cash, checks, wire transfers, credit cards, debit cards, or cryptocurrencies.
An example of payment is a check written to pay a telephone bill. As an example of payment, he may pay a $100 bill using a credit card. A Pay or be paid.
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In which way does increasing customer satisfaction disrupt the internal value chain?
Increasing customer satisfaction disrupt the internal value chain because it can increase production costs or it can increase inventories and also disrupt production schedules.
Customer satisfaction is defined as the measurement which determines how happy the customers are with the company’s products or services and capabilities.
Customer satisfaction information which includes surveys and ratings can easily help any company to determine how best it can improve or changes its products and services.
Generally an organization’s main focus is to satisfy its customers. This applies to all the industrial firms whether retail and wholesale businesses.
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The city council made an appropriation to the police department of $190,000 for the purchase of supplies and equipment. the following transactions and events occurred regarding this appropriation. 1. the department placed purchase order (po) 1 for 5 motorcycles, estimated to cost $20,000 each. 2. the department placed po 2 for crime prevention supplies at an estimated cost of $60,000. 3. the motorcycles ordered in po 1 arrived in good condition. the invoice of $100,000 was approved for payment. 4. po 3 was placed for radio equipment at an estimated cost of $20,000 . 5. the supplies ordered in po 2 arrived, along with an invoice for $64,000. the invoice was approved for payment. 6. the department obtained a check from the finance director for $500, made out to a local supplier, to purchase a new firearm for $500 on an emergency basis; no purchase order had been placed. a) prepare journal entries to record the transactions and events. charge all expenditures to supplies and equipment. (assume the approved budget has already been recorded.)
The journal entry is below.
Events Accounts Debit Credit
1. Encumbrances 50000
Budgetary fund balance 50000
reserved for encumbrances
To record PO 1
2. Encumbrances 30000
Budgetary fund balance 30000
reserved for encumbrances
To record PO 2.
3. Budgetary fund balance 50000
reserved for encumbrances
Encumbrances 50000
To reverse encumbrance for PO 1.
4. Encumbrances 10000
Budgetary fund balance 10000
reserved for encumbrances
To record PO 3.
5. Budgetary fund balance
reserved for encumbrances 30000
Encumbrances 30000
To reverse encumbrance
for PO 2.
Expenditures 32000
supplies and equipment
Vouchers payable 32000
To record approved voucher
6. Expenditures 250
supplies and equipment
Cash 250
Record emergency cash purchases.
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Hillman corporation reported a decrease in accounts receivable of $391,216. This is best defined as a _________ of cash on the _______________ segment on the statement of cash flows.
Hillman Corporation reported a decrease in accounts receivable of $391,216. This is best defined as a source of cash on the operating activities segment on the statement of cash flows.
What is Cash Flow Statement?
By monitoring the cash flow for a business, a cash flow statement is a crucial tool for managing finances. One of the three important reports that aid in assessing a company's performance is this one. Making a cash forecast usually helps with short-term planning. You may track incoming and outgoing cash by using the cash flow statement, which also displays the source of funds. Operating, investment, and financial operations are the three main sources of incoming cash for a corporation. Additionally, the statement provides information on cash withdrawals, business-related expenses, and investments at a specific period in time. For the management to make wise judgments for governing business operations, the information you acquire from the cash flow statement is helpful.
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