Answer:
a) 6,730.40
b) 418
c) 131.10
Explanation:
price after trade discount:
printer = 500 x (1 - 12%) = 440
toner = 150 x (1 - 8%) = 138
since the invoice was paid during the discount period, the total amount paid on December 30 was [(440 x 10) + (20 x 138)] x (1 - 5%) = 6,730.40
net price per unit:
printer = 440 x 0.95 = 418
toner = 138 x 0.95 = 131.10
d) total cost including operating expenses = (6,730.40 x 1.15) = 7,739.96
selling price = 7,739.96 / 0.75 = 10,319.95 ≈ 10,320
e) (printer + toner) x 1.15 = (418 + 131.10) x 1.15 = 631.465
selling price of 1 printer and 1 toner = 631.465 / 0.75 = 841.95 ≈ 842
f) yes, a profit was made since the original selling price was calculated assuming a 25% net profit, and the discount was only 15%
All of the statements regarding a dynasty trust are correct, except:
A. Distributions of trust assets are postponed as long as possible.to avoid payment of estate taxes.
B. A transferor can allocate a portion of a GST exemption to each premium payment made to an ILIT to offset GST tax when there are skip-person beneficiaries.
C. A GST exemption applied to annual premiums in an ILIT protects the trust corpus from GST tax.
D. Dynasty trusts can be established in all states.
Answer:
The statement that is not correct regarding a dynasty trust is:
D. Dynasty trusts can be established in all states.
Explanation:
A dynasty trust is a long-term trust created for the purpose of passing wealth from one generation to the next generation, without incurring transfer taxes, such as the gift tax, estate tax, or generation-skipping transfer tax (GSTT) for as long as the assets remain in the trust. The dynasty trust's defining characteristic is its long duration. For example, in California it can last for 90 years.
AA Corp can lease a truck for four years at a cost of $25,000
annually. It can instead
buy a truck at a cost of $60,000, with annual maintenance expenses of
$10,000. The truck
will be sold at the end of four years for $12,000. Ignore taxes.
a. What is the equivalent annual cost of buying and maintaining the truck
if the discount rate is 10%?
b. Which is the better option: leasing or buying?
______________________________
LEASING:= $25,000 × 4 Years= $100,000= 10% × $25,000 ÷ 100 - $25,000= $22,500 × 4 Years= $90,000BUYING:= $60,000 + $40,000= $100,000= 10% × $10,000 ÷ 100 - $10,000= $9,000 × 4 Years= $36,000 + $60,000= $96,000LEASING IS A BETTER OPTION______________________________
Webb Corporation's trial balance for July 31, the end of its fiscal year, included the following accounts:
Accounts Receivable
$32,000
Inventories
47,000
Franchise
39,000
Investments
47,000
Prepaid Insurance
5000
Note Receivable
96,000
Cash in Bank
11000
The investment account consists of marketable securities of which management plans to sell half of by December 31. Prepaid insurance is a two-year policy that was purchased on July 31. The note receivable is an installment note that will be paid in three equal installments on December 31 of each year.
The amount that should be classified as current assets in the July 31 balance sheet is:
Answer:
ok
Explanation:
The strategy map is a tool that is used: to organize the critical success factors of a company. to link the perspectives of the balanced scorecard. to enhance the sustainability of the organization. as one of the key aspects of the contemporary management environment. to implement strategy.
Answer:
Option B (to link...........scorecard) is the correct choice.
Explanation:
The strategy mapping would be an effective diagram that depicts the company's strategy at that same quick look. If another company uses performance management, such a map seems to be very useful. It utilizes arrows among both objectives but instead shows the correlational factors. Besides example, enhanced customer knowledge leads to greater profit margins as well as outcomes from enhanced joint ventures but instead quality improvements.Other possibilities aren't connected to the type of situation in question. Therefore this obvious response seems to be the correct one.
A strategy map is a tool that is used to link the perspectives of the balanced scorecard.
It is a visual representation of how an organization's strategic objectives relate to each other and how they contribute to the overall success of the organization.
The four perspectives of the balanced scorecard are:
Financial: How do we look to shareholders?Customer: How do our customers see us?Internal Processes: What must we excel at?Learning & Growth: How can we continue to improve and create valueThe strategy map shows how the objectives in each perspective are linked together and how they contribute to the overall strategy. It is a powerful tool for communicating strategy and for ensuring that everyone in the organization is aligned with the organization's goals.
The other options are also correct, but they are not the primary purpose of the strategy map.
The strategy map can be used to organize the critical success factors of a company, to enhance the sustainability of the organization, and as one of the key aspects of the contemporary management environment.
Therefore, its primary purpose is to link the perspectives of the balanced scorecard.
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Project management is not without its critics. As you have read, project management has experienced noteworthy failures in implementing computer software. What do you think lies behind the failure of project management to achieve its goals
Answer:
The factors that cause the failure of project management to achieve its goals include the following:
1. The scope of some projects are not well-defined and detailed.
2. Some project managers lack the required project and administrative experience, exposure, and training needed for successful project planning and implementation.
3. Some project managers do not identify the critical project risks from the beginning.
4. Projects that lack formal methods and strategies often fail.
5. It has been established that some project managers and their teams are not well-motivated to deliver their projects, leading to key staff abandoning the company and the projects mid-way.
6. Successful projects require detailed documentation and planning, the setting of deadlines, and the tracking of progress.
7. Leadership is key to effective project management. Without senior management or politicians' buy-in, some projects face massive failure.
Explanation:
Project management starts from the home to the larger society. It involves a fundamental application of process knowledge, management skills, technical tools and key deliverables, and various techniques to project activities in order to meet project goals and requirements. Project managers and organizations that must achieve success should understand the causes of project failure.
If lane 1 and 2 permit right turns and you are going to turn right from lane on what lane should you turn into?
Answer:
you would need to turn into the left lane to be able to take a right turn
Explanation:
Hope this helps
The coupon rate of a floating-rate note that makes payments in June and December is expressed as six-month Libor 25 bps. Assuming that the six-month Libor is 3.00% at the end of June 20XX and 3.50% at the end of December 20XX, the interest rate that applies to the payment due in December 20XX is:
Answer: 3.25%
Explanation:
The interest rate that applies to the payment due in December 20XX will be the addition of the the six-month Libor which is 3.00% at the end of June 20XX and the coupon rate of a floating-rate note which is expressed as six-month Libor 25 bps.
Therefore, the answer will be:
= 3.00% + 0.25%
= 3.25%
which of the following resume statements is most effective?
have experience entering data into Microsoft word and excel
proficient in excel, word, visio, publisher, and powerpoint
certified in microsoft office
used expertise in data entry software, analyzed progress of energy conservation in green energy plants
Answer:
option D i am not sure my answers is correct or not
Answer:
used expertise in data entry software, analyzed progress of energy conservation in green energy plants
Explanation:
Which theme can be found in both "If" and The Jungle Book by Rudyard Kipling?
Learning to share is part of growing up.
Learning to read and write is part of growing up.
Learning to hunt for food is part of growing up.
Learning to stand alone is part of growing u
Answer:
The correct answer is D. learning to stand alone is part of growing up.
Explanation:
Learning to stand alone is part of a growing theme that can be found in both "If" and The Jungle Book by Rudyard Kipling.
What are the themes?A theme is a central topic, subject, or message within a narrative in current literary studies. Themes are classified into two types: thematic concepts and thematic statements. Thematic concepts are what readers “believe the work is about,” while thematic statements are “what the piece says about the subject.”
The poem "If" is about maturing. Rudyard Kipling enumerates a number of qualities that make a strong man. In the fictional story The Jungle Book, a boy grows up in the jungle. The hardship of growing up and leaving childhood is demonstrated in both writings.
Therefore, The theme can be found in both, Learning to stand alone is part of growing.
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What is an organization?
Pls answer me fast
Answer:
A business organization is an entity aimed at carrying on commercial enterprise by providing goods or services, to meet needs of the customers
A factor market is A) where goods are exchanged. B) where resources are exchanged. C) where goods are made. D) organized by government.
Answer: B) where resources are exchanged
Explanation:
The factors market is a very important market as this is where producers buy and sell resources needed for the production of goods and services. These resources include land, capital, labor and raw materials.
The market where crude oil is sold for instance is a factor market. Crude oil is a raw material that is converted into gasoline amongst other fuel related products.
This activity is focused on understanding what international business is, why and how it differs from domestic business, why it is important, and its historical development. International business is a broad and potentially complex field of study and practice. There are many different definitions and concepts that are critical to this field, and this activity will emphasize several of the most critical ones that are used throughout the text. Understanding these terms and concepts will help students, managers and policy makers to better understand what international business is, how it differs from domestic business, why it is becoming increasingly important, and how international business has evolved throughout history.
Answer:
ang haba naman po
Explanation:
kaya niyo na iyan hehe
This activity is focused on understanding what international business is international business refers to the commercial activities that involve transactions across borders including the exchange of goods, services, capital and knowledge between countries.
It differs from domestic business due to factors like currency fluctuations, legal systems, cultural variations and geopolitical risks. Its importance has grown as globalization fosters interconnected economies and expanded markets.
The critical concepts include foreign direct investment, multinational corporations, global supply chains, international trade agreements and cultural sensitivity.
For understanding these terms allows students, managers and policy makers for the complexities of operating in a globalized world, navigate international markets and make informed decisions.
The historical development of international business reflects the evolution of trade, technology and geopolitical relations shaping today's interconnected global economy.
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Which of the following is an example of disparate impact?
Answer:
For example, testing all applicants and using results from that test that will unintentionally eliminate certain minority applicants disproportionately is disparate impact. For example, testing a particular skill of only certain minority applicants is disparate treatment.
Explanation:
The instance of the disparate impact is "A woman is rejected for the board of directors of a public company.....grow a beard." Thus, option second is correct.
What is disparate impact?Disparate impact can be defined as unintentional discrimination taken against the person or the lower caste community. It includes the process in which every person is the same and follows the same process. This is done in order to protect the people of the lower caste who are negatively affected.
The example of Disparate impact is "A woman is denied for a position on a public firm's board of directors because the corporation wants all board members to be able to grow a beard."
Disparate effect refers to employment practices that might disproportionately harm one group of persons with a protected feature over another, even if the regulation is legally neutral.
Therefore, it can be concluded that option second is correct.
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Your question is incomplete, but most probably the full question was….
List of options:-
A group of persons is fired because they used corporate assets to advocate for their religious views.A woman is rejected for the board of directors of a public company because the company requires that all board members be able to grow a beard.A man is denied a promotion because he is Hispanic.Why does the market portfolio include all risky assets?
Although AA (Alcoholics Anonymous) programs are considered effective, the dropout rate for GA (Gamblers Anonymous) programs is ________. a. 50% to 70%. b. 10% to 30%. c. 30% to 50%. d. 70% to 90%.
Answer: d. 70% to 90%
Explanation:
Gamblers Anonymous was founded in 1957 to help people with a compulsive gambling problem get better. Sadly it has not been very effective with one of their main criticisms being that 70 - 90% of participants drop out and most time go back to gambling.
There have been additional treatments suggested such as therapy but it would seem that gambling brings abut an addiction that is quite tough to let go of.
A $299,000 bond was redeemed at 104 when the carrying value of the bond was $354,000. The entry to record the redemption would include a
Oa. gain on bond redemption of $55,000.
Ob. loss on bond redemption of $43,040,
Oc. loss on bond redemption of $55,000
Od gain on bond redemption of $43,040,
Answer: gain on bond redemption of $43,040
Explanation:
In this case, there will be a gain on bond redemption would be calculated as:
= Carrying value of bonds – Bonds redeemed amount
= $354000- {($299,000 / $100) × $104}
= $354000 - $310960
= $43040
Therefore, there'll be a gain on bond redemption of $43,040
Item1 1 points eBookPrintReferencesCheck my workCheck My Work button is now enabled1Item 1 Lanni Products is a start-up computer software development firm. It currently owns computer equipment worth $30,000 and has cash on hand of $20,000 contributed by Lanni's owners. Lanni takes out a bank loan. It receives $50,000 in cash and signs a note promising to pay back the loan over three years. Lanni uses the cash from the bank plus $20,000 of its own funds to finance the development of new financial planning software. Lanni sells the software product to Microsoft, which will market it to the public under the Microsoft name. Lanni accepts payment in the form of 2,000 shares of Microsoft stock. Lanni sells the shares of stock for $70 per share and uses part of the proceeds to pay off the bank loan. a-1. Prepare its balance sheet just after it gets the bank loan. a-2. What is the ratio of real assets to total assets? (Round your answer to 1 decimal place.) b-1. Prepare the balance sheet after Lanni spends the $70,000 to develop its software product, with the software valued at cost. b-2. What is the ratio of real assets to total assets? (Round your answer to 1 decimal place.) c-1. Prepare the balance sheet after Lanni accepts the payment of shares from Microsoft. c-2. What is the ratio of real assets to total assets? (Round your answer to 2 decimal places.)
Answer:
Lanni Products
a1. Balance Sheet after getting the bank loan:
Assets:
Computer equipment $30,000
Cash 70,000
Total assets $100,000
Notes Payable (Bank Loan) 50,000
Owners' equity 50,000
Liabilities + Equity $100,000
a2. Ratio of real assets to total assets:
= $30,000/$100,000
= 0.3
b1. Balance Sheet after spending the $70,000 to develop its software product:
Assets:
Computer equipment $30,000
Software 70,000
Cash 0
Total assets $100,000
Notes Payable (Bank Loan) 50,000
Owners' equity 50,000
Liabilities + Equity $100,000
b2. The ratio of real assets to total assets
= $30,000/$100,000
= 0.3
c1. Balance Sheet after accepting payment of shares from Microsoft:
Assets:
Computer equipment $30,000
Investment in shares 140,000
Cash 0
Total assets $170,000
Notes Payable (Bank Loan) 50,000
Owners' equity 120,000
Liabilities + Equity $170,000
c2. The ratio of real assets to total assets:
= $30,000/$170,000
= 0.2
Explanation:
a) Data and Calculations:
Assets:
Computer equipment $30,000
Cash 20,000
Owners' equity $50,000
Cash Account:
Beginning balance $20,000
Bank loan 50,000
Cash balance after $70,000
Software development ($70,000)
Balance after software $0
Microsoft shares 140,000 (2,000 * $70)
Loan payment (50,000)
Ending Balance $90,000
Note Payable (Bank Loan) = $50,000
a) Lanni' real assets are the tangible assets (for example, computer equipment) that have an inherent value due to their physical attributes, and examples include metals, commodities, land, and factory, building, and infrastructural assets. Lanni's Software is not treated as a real asset. Similarly, the Investment in Microsoft is not a real asset.
To begin, you must decide which part of the marketing mix to focus on first: product, price, promotion, or place. Which is the best starting point for your marketing mix decisions
Answer:
product
Explanation:
As we know that in the marketing mix there is 4Ps that consist of product, promotion, price and place. It is become signigicant to decide the characteristics product in terms of features, competency, uniqueness, etc
It is the best starting point for taking decision in the marketing mix
Therefore the first option is correct
And, the rest of the options are wrong
• Herb and Alice are married and me a joint return. Herb is 74 years old. Alice tumed 70 on February 3, 2020. Neither are blind.
• Herb is a retired school teacher, but continues to work part-time as a substitute teacher. Alice is retired.
• Herb earned $15,000 in wages. They also receive pension and Social Security Income and sold some stock. Their combined AGI is $45.000
• Both Herb and Alice are U.S. citizens and have valid Social Security numbers.
What is the maximum contribution Herb and Alle can make to their traditional IRAS?
A. $0 because Herb and Alice are both over 70 1/2
B. $6,000 for Herb and $6,000 for Alice
C. $7,000 for Herb, because he is over 50, and $0 for Alice because she had no eamings
D. $7,000 for Herb and $7,000 for Alice
Answer:
The maximum contribution Herb and Alice can make to their traditional IRAs are:
C. $7,000 for Herb, because he is over 50, and $0 for Alice because she had no earnings.
Explanation:
Formerly instead of contributing to the traditional IRAs, Herb can contribute $7,000 maximum to the Roth IRA and Alice $0 since they are above 70 1/2 and Alice does not earn any income. However, under the terms of the SECURE Act of 2019, all retirees, like Herb and Alice, can now contribute to traditional IRAs if they earn income. As retirees, Herb and Alice can continue to contribute earned funds to their Roth IRA indefinitely.
causes and effects of International Factor Mobility
Answer:
Domestic factor mobility. refers to the ease with which productive factors like labor, capital, land, natural resources, and so on can be reallocated across sectors within the domestic economy. Different degrees of mobility arise because there are different costs associated with moving factors between industries.
Explanation:
Jessica is considering putting $50 into a money market account that pays a 4 percent annual interest rate. It will take year(s) for the money to double to $100.
Answer:
18 years
Explanation:
We can apply the future value formula as below
A = P x ( 1 + r) ^ n
where A is the amount: $100
P= principal amount : $50
r=4% or 0.04
n = ??
Therefore
$100 = $50 x ( 1+ 0.04)^n
$100 = $50( 1.04)^n
1.04^n =$100/$50
1.04^n= 2
n =log 2/ log 1.04
n=0.30102999/0.0170333
n=17.67 years
=18 years
In the current year, Pendleton Company had income tax expense of $40,000 and net income of $200,000. If the times-interest-earned ratio for Pendleton was 13 during the current year, what was its interest expense
Answer: $20,000
Explanation:
The times-interest-earned ratio is used to know the ability of a firm to pay interest on a particular debt. It is calculated as the addition of the net income, the taxes and the interest expense, which is then divided by the interest.
Based on the information given, the interest expenses will be represented by y and solved further as:
= (200,000 + 40000 + y) / y = 13
= (240000 + y) / y = 13
Cross multiply
240000 + y = 13 × y
240000 + y = 13y
13y - y = 240000
12y = 240000
y = 240000/12
y = 200000
Therefore, the interest expense is $20,000
Here is the algebra. (1) [(240,000 + x) / x} = 13. (2) 240,000+ x = 13x. (3) 240,000 = 12x. (4) x = 20,000
f the demand for houses increases, the wage of Wage carpenters will ____ and the quantity will ____. Assume bricks and wood are substitute resources. If the price of bricks increases, the price of wood ___ and the quantity ____. If the government removes all regulations for becoming a dentist. The wages for dentists will ____ and the quantity will ___. Assume a company uses two resources, workers and robots, and the MRC for each is $20. Currently the MRP of the last worker hired is $30 and the MRP of the last robot is $10. The company should ____ the number of workers and ____ Quantity of Labor the number of robots.
Answer:
If the demand for houses increases, the wage of Wage carpenters will INCREASE and the quantity will INCREASE. Assume bricks and wood are substitute resources. If the price of bricks increases, the price of wood INCREASE and the quantity WILL INCREASE. If the government removes all regulations for becoming a dentist. The wages for dentists will DECREASE and the quantity will INCREASE. Assume a company uses two resources, workers and robots, and the MRC for each is $20. Currently the MRP of the last worker hired is $30 and the MRP of the last robot is $10. The company should INCREASE the number of workers and DECREASE the number of robots.
Explanation:
If the price of a substitute product increases, the demand of your product will increase. If the demand of a complement product increases, the demand of your product will increase. If regulations are eliminated, the supply of any good or service should increase, shifting the supply curve to the right, increasing quantity and decreasing price. A company will continue to hire labor until marginal cost = marginal revenue.
What is this app and how do you work it?
Answer:
Run it through the script
Explanation:
Answer:
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The RideEm Bicycles factory can produce 140 bicycles in a day at a total cost of $10,600. It can produce 160 bicycles in a day at a total cost of $11,400. What are the company's daily fixed costs (in dollars)
Answer:
Fixed costs= $5,000
Explanation:
To calculate the fixed costs, we need to use the high-low method.
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (11,400 - 10,600) / (160 - 140)
Variable cost per unit= $40
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 11,400 - (40*160)
Fixed costs= $5,000
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 10,600 - (40*140)
Fixed costs= $5,000
The two types of package labeling in common usage today are:______.
a. government-mandated and seller-controlled.
b. functional and persuasive.
c. motivational and required.
d. informational and persuasive.
e. promotional and non-promotional.
Answer:
d. Informational and persuasive.
Explanation:
Informational package labelling as the name implies gives details about the specific products which is aimed at convincing perspective buyers to buy. Here, the information about the product are well spelt out in the package labelling thus gives more about what the product is all about. The aim is to capture consumers mind so that they would eventually buy the products.
Persuasive package labelling as the name implies lay emphasis on logo or themes rather than information expected by consumers. Here, the idea is to create awareness about the product through its logo and special features such as promotional theme.
Vander Co. provides medical care and insurance benefits to its retirees. In the current year, Vander agrees to pay $9,500 for medical insurance and contribute an additional 5% of the employees’ $200,000 gross salaries to a retirement program.
(1) Record the entry for these accrued (but unpaid) benefits on December 31.
(2) Assuming $5,000 of the retirement benefits are not to be paid for five years, how should this amount be reported on the current balance sheet?
,Answer:
December 31, 202x, accrued medical insurance
Dr Medical care and insurance expense 9,500
Cr Medical care and insurance payable 9,500
December 31, 202x, accrued contribution to retirement program
Dr Retirement program expense 10,000
Cr Retirement program payable 10,000
Retirement program expense = $200,000 x 5% = $10,000
Journal entries;
Particular Debit Credit
Medical Insurance Exp Dr. $9,500
Ret. Program Exp Dr. $10,000
To Accrued Emp. Benefits $19,500
Retirement Program exp = Gross Salary X Percent of contribution = Retirement Program exp = $2,00,000 X 5%
Retirement Program exp = $10,000
"Non-Current Liabilities" requirements The obligation is non-current in nature because it is not due relatively soon, hence it is shown under Non-Current Liabilities.
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Critics of stabilization policy argue that:__________
a. there is a lag between the time policy is passed and the time policy has an impact on the economy.
b. the impact of policy may last longer than the problem it was designed to offset.
c. policy can be a source of, instead of a cure for, economic fluctuations.
d. All of the above are correct.
Answer:
All of the above are correct.
Explanation:
Critics of stabilization policy argue that there is a lag between the time policy is passed and the time policy has an impact on the economy, the impact of policy may last longer than the problem it was designed to offset and policy can be a source of, instead of a cure for, economic fluctuations.
We require stabilization policy to keep economy stable. Contractionary policies during inflation and expansionary during recession keeps the economy stable. But there is time lag between policy required and acted upon because it takes time to understand the situation and making and implementing the policy.
Critics of stabilization policy argue that "there is a lag between the time policy is passed and the time policy has an impact on the economy", "the impact of policy may last longer than the problem it was designed to offset". The correct option is D.
Critics of stabilization policy argue that time lag can lead to inefficiencies in addressing economic issues. They assert that the impact of the policy may last longer than the problem it was designed to offset potentially creating new challenges and unintended consequences.
Misguided or poorly implemented policies can exacerbate economic problems or create new imbalances.
Therefore, the correct option is D.
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Which one of the following research is mainly concerned with generalization and with the formulation of a theory?
Analytical research.
Fundamental research.
Applied research.
Quantitative research.
Answer:
b fundamental research
Explanation:
Fundamental research is mainly concerned with generalizations and with the formulation of a theory. It is undertaken for the sole purpose of adding to our knowledge that is fundamental and generalizable. It is called pure or basic research.
Cindy is a salesperson employed by a window manufacturing company, and she travels to various locations to sell her products. She drives 12,000 miles a year. She adequately accounts to her employer for her business expenses. Her employer reimburses her $4,200 for the mileage driven at 35 cents per mile. Based on the standard mileage rate of 58 cents per mile, her expense was $6,960. Cindy is entitled to deduct on Schedule A, Itemized Deductions, transportation expenses of
Answer:
$2,760
Explanation:
Based on the information given Cindy is entitled to deduct transportation expenses of the amount of $2,760 ($6,960-$4200) reason been that we were told that based on the standard mileage rate her expense was the amount of $6,960 in which her employer only reimburses her the amount of $4,200 which means that she can claim the amount of $2,760 ($6,960-$4200) as the amount that was not reimbursed to her .
Therefore Cindy is entitled to deduct on Schedule A, Itemized Deductions, transportation expenses of $2,760